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Executive Employment Agreement

Employment Agreement

Executive Employment Agreement You are currently viewing:
This Employment Agreement involves

PHONE1GLOBALWIDE, INC

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Title: Executive Employment Agreement
Date: 2/14/2005

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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

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