0001193125-11-228625 Sample Contracts

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 22nd, 2011 • Elandia International Inc. • Telephone communications (no radiotelephone) • Florida

THIS AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered March 31, 2011, (the “Effective Date”), between ELANDIA INTERNATIONAL, INC., a Delaware corporation (the “Company”), and PEDRO R. PIZARRO, an individual (the “Executive”).

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OPTION AGREEMENT
Option Agreement • August 22nd, 2011 • Elandia International Inc. • Telephone communications (no radiotelephone) • Florida

This OPTION AGREEMENT (the “Agreement”) is entered into and shall be effective as of the 31st day of March, 2011 by and between Amper, S.A. (the “Seller”) and Elandia International Inc. (the “Buyer”). The Seller and the Buyer are sometimes referred to herein collectively as the “Parties” and each individually as a “Party.”

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • August 22nd, 2011 • Elandia International Inc. • Telephone communications (no radiotelephone) • Delaware

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of March 31, 2011, by and among Elandia International, Inc. (the “Company”) and Amper, S.A. (the “Investor”).

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 22nd, 2011 • Elandia International Inc. • Telephone communications (no radiotelephone)

This Amendment to Executive Employment Agreement is dated as of March 31, 2011 (“Amendment”) and is by and between Harley L. Rollins (“Executive”) and Elandia International Inc. (“Company”).

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