EXECUTIVE EMPLOYMENT AGREEMENT
EXECUTIVE EMPLOYMENT AGREEMENT, dated April 26, 2004, by and between deltathree, Inc., a
Delaware corporation (the "Company"), and Paul C. White ("Executive").
W I T N E S S E T H:
WHEREAS, the Company and Executive entered into an Executive Employment Agreement, dated August 28,
1999 (inclusive of the most recent extension dated September 1, 2003), and both parties wish to enter into a
subsequent Executive Employment Agreement, effectively extending the executive's employment; and
WHEREAS, the Company desires to enter into an agreement, effective as of the date of this Agreement (the
"Commencement Date") to set out the terms and conditions of Executive's employment by the Company from
and after the Commencement Date; and
WHEREAS, the Executive desires to continue in the employment of the Company from and after the
Commencement Date under those terms and conditions;
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the Company and Executive
hereby agree as follows:
(a) Agreement to Employ. Upon the terms and subject to the conditions of this Agreement, the Company hereby
employs Executive, and Executive hereby accepts continued employment by the Company.
(b) Term of Agreement. Unless earlier terminated pursuant to Section 5 hereof, the period of this Agreement and
the Executive's continued employment hereunder (the "Agreement Term") shall commence as of the date hereof,
(the "Effective Date"), and shall expire on March 31, 2007; provided, however, that the Agreement Term shall be
automatically extended for the same duration on the expiration date and on each expiration date thereafter (each
an "Extension Date"), unless written notice of non-extension is provided by either party to the other party at least
three (3) months prior to such anniversary, provided that Executive provides notice of renewal six (6) months
prior to the end of the Agreement Term to the Compensation Committee.
The period co