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Exhibit 10.2
Amendment No. 4 (the "Amendment"), dated as of the 14th day of February,
2005, to an Executive Employment Agreement, dated as of December 4, 2002 and
amended on January 1, 2003 and further amended on December 29, 2004 (the
"Agreement"), between Phone1Globalwide, Inc., a Delaware corporation, having an
address at 100 North Biscayne Blvd., Suite 2500, Miami, Florida 33132 (the
"Employer") and Dario Echeverry, residing at 4000 Island Blvd., #402, Williams
Island, FL 33160 (the "Executive").
R E C I T A L S:
A. The parties desire to amend certain provisions of the Agreement, upon
the terms and conditions herein below set forth.
B. Capitalized terms when used herein shall have the meaning ascribed to
them in the Agreement unless the text hereof specifically provides to the
contrary.
NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration which the parties acknowledge they have received, it is
agreed as follows:
1. Section 2.b. of the Agreement is amended and replaced to read as
follows:
"Employment Period. The Company shall employ the Executive and the
Executive shall be employed by the Company, on the terms and conditions
hereinafter set forth, for a period commencing as of April 1, 2002 (the
"Effective Date") and ending on April 1, 2007. Subject to the provisions
of Section 4 of this Agreement, the period of employment shall be
automatically extended for successive one-year terms of employment, unless
either the Company or the Executive notifies the other in writing at least
thirty (30) days prior to the end of the then current term that it or he
does not intend to renew such employment, in which case such employment
will expire at the end of the then current term. All references he






