1. PARTIES. This Sublease, dated January 11, 1996, is made between Felts, Mullens & Fuos herein called
("Sublessor") whose primary business is 12655 North Central Expressway, Suite 800, Dallas, Texas 75243 (the
"Premises") and Preferred Telecom, Inc. herein called ("Sublessee").
2. MASTER LEASE. Whereas Sublessor as Tenant entered into a Lease with The Prudential Insurance
Company of America, a New Jersey Corporation as ("Lessor") and Skeels, Mullens & Associates, Inc. d.b.a.
Felts, Mullens & Fuos ("Lessee") dated June 11, 1992 hereinafter referred to as the "Master Lease" a copy of
which is attached hereto as Exhibit A and made a part hereof and, Lessor and Lessee entered into a First
Modification and Ratification to the Lease dated January 21, 1993, a Second Modification and Ratification to the
Lease dated January 29, 1993, a Third Modification and Ratification to the Lease dated June 21, 1993, a Fourth
Modification and Ratification to the Lease dated September 17, 1993, and a Fifth Modification and Ratification
of the Lease dated January 13, 1995, all of which Modifications and Ratifications of the Lease are herein after
incorporated and referred to as the Master Lease.
3. PREMISES. The parties hereto have agreed that Sublessor shall sublet to Sublessee 11,621 rentable square
feet of space located on the 8th floor of North Central Plaza I, located at 12655 North Central Expressway,
Dallas, Texas. This square footage figure was derived from the Master Lease and will be used for all purposes
under this Sublease.
4. WARRANTY BY SUBLESSOR. Sublessor warrants and represents to Sublessee that the Master Lease has
not been amended or modified except as expressly set forth herein, that Sublessor is not now, and as of the
commencement of the Term hereof will not be, in default or breach of any of the provisions of the Master Lease,
and that Sublessor has no knowledge of any claim by Lessor that Sublessor is in default or breach of any of the
provisions of the Master Lease.