First Amendment to
General Contract for Services
This First Amendment to General Contract for Services ("First Amendment") is entered into as of March
14, 2007, to be effective as of January 1, 2006, by and between Swiftnet Limited ("Swiftnet") and Xfone, Inc.
WHEREAS, Swiftnet and Xfone entered into that certain General Contract for Services dated January 1,
2005 (the "Contract"); and
WHEREAS, Swiftnet and Xfone acknowledge that the services provided to Swiftnet by Xfone has been
reduced during 2006 due to Xfone’s increasing focus on the U.S. and Israel, and the appointment of John Burton
as full-time Managing Director of Swiftnet from July 1, 2006; and
WHEREAS, Swiftnet and Xfone desire to amend the Contract in order to properly reflect the nature and
scope of the services which Xfone has provided and will further provide to Swiftnet under the Contract, as of
January 1, 2006.
NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable
consideration, the parties do hereby agree as follows (capitalized terms used herein have the same meaning as
defined in the Contract, unless otherwise specified herein).
Section 1 of the Contract is hereby amended in its entirety to read as follows:
"DESCRIPTION OF SERVICES. Beginning on January 1, 2006, Xfone will provide Swiftnet
with the following services (the “Services”):
- Day-to-day support to the Directors of Swiftnet in the general management of the business (to
include Marketing, Finance and Operational advisory work).
- Special Projects (outside of the day-to-day management of the business) required to achieve
specific business development goals (to include the new supplier relationships and the
introduction of new products and processes).
- Activities to secure financing for Swiftnet (from outside the U.K.)."
Section 2 of the Contract is hereby amended in its entirety to read as follows:
" PAYMENT FOR SERVICES . In exchange for the