0001193125-07-250426 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2007 • Arbinet Thexchange Inc • Services-business services, nec • New Jersey

This EMPLOYMENT AGREEMENT (the “Agreement”) is made as of November 16, 2007 (the “Effective Date”), by and between Arbinet-thexchange, Inc. a Delaware corporation with its headquarters located in New Brunswick, New Jersey (the “Employer”), and William M. Freeman (the “Executive”). In consideration of the mutual covenants contained in this Agreement, the Employer and the Executive agree as follows:

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Arbinet-thexchange, Inc. Non-Qualified Stock Option Agreement Granted Under 2004 Stock Incentive Plan
Qualified Stock Option Agreement • November 19th, 2007 • Arbinet Thexchange Inc • Services-business services, nec
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