0001571049-14-007152 Sample Contracts

THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • December 10th, 2014 • Otelco Inc. • Telephone communications (no radiotelephone) • New York

Third Amended and Restated Employment Agreement, dated as of December 10, 2014 (this “Agreement”), by and between OTELCO INC., a Delaware corporation (“Otelco” or the “Company”), and ROBERT SOUZA (the “Employee”).

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SEPARATION AND CONSULTING AGREEMENT BETWEEN OTELCO INC. AND MICHAEL WEAVER
Separation and Consulting Agreement • December 10th, 2014 • Otelco Inc. • Telephone communications (no radiotelephone)

This Separation and Consulting Agreement (the “Agreement”), between Otelco Inc. (the “Company”) and Michael Weaver (“Executive”) dated December 10, 2014, shall set forth the terms and conditions of Executive’s retirement as (i) Chief Executive Officer (“CEO”) of the Company, (ii) all other positions held in the Company or any of its subsidiaries, and (iii) a member of the board of directors of the Company (collectively, the “Positions”), and his continued services to the Company following retirement.

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