Reciprocal Telecommunications Services Agreement - Teleglobe USA INc. and IDX International Inc.
RECIPROCAL TELECOMMUNICATIONS SERVICES AGREEMENT [VTS INTERNATIONAL TERMINATION] THIS TELECOMMUNICATIONS SERVICES AGREEMENT ("Agreement") is entered into on June 23, 1998 (the "Effective Date"), between: TELEGLOBE USA INC., a Delaware corporation having a business address at 1751 Pinnacle Drive, McLean, Virginia 22102 (hereinafter "Teleglobe"); and IDX INTERNATIONAL, INC., a Virginia corporation having a business address at 12015 Lee Jackson Highway, Fairfax, Virginia 22033 (hereinafter "IDX"); and with Teleglobe, collectively referred to as the "Parties" and individually, a "Party". W I T N E S S E T H: WHEREAS, Teleglobe and IDX are providers of international telecommunications services; and WHEREAS, IDX desires to purchase certain telecommunications services provided by Teleglobe and Teleglobe desires to purchase certain telecommunications services provided by IDX all as more fully described herein on the terms and conditions contained herein; NOW THEREFORE, the Parties, in consideration of the mutual covenants and agreements hereinafter set forth, agree as follows: 1. DESCRIPTION OF SERVICES 1.1 Teleglobe, either directly or through its authorized affiliates or underlying carriers, shall provide those telecommunications switching services and facilities to IDX to route IDX's international telecommunications traffic to and from various destinations around the world, as more particularly described in Annex 1-A attached hereto (the "Teleglobe Services"). IDX shall provide those telecommunications switching services and facilities to Teleglobe to route Teleglobe's international telecommunications traffic to and from various destinations around the world as more particularly described in Annex 1-B attached hereto (the "IDX Services"). Where applicable, the Teleglobe Services and the IDX Services shall be hereinafter jointly referred to as the "Services". Additional services may be added from time to time to this Agreement upon terms and conditions to be mutually agreed upon by the Parties and to be included by adding an amended Annex 1 to this Agreement. 1.2 The destinations offered by Teleglobe for the provision of the Teleglobe Services are listed in Annex 2-A attached hereto (the "Teleglobe Destinations"), which Destinations may be amended from time to time by Teleglobe by providing IDX with seven (7) days prior written notice. The destinations offered by IDX for the provision of the IDX Services are listed in Annex 2-B attached hereto (the "IDX Destinations"), which Destinations may be amended from time to time by IDX by providing Teleglobe with seven (7) days prior written notice. Where applicable, the Teleglobe Destinations and the IDX Destinations are hereinafter jointly referred to as the "Destinations". 2. TERM 2.1 This Agreement shall commence on the Effective Date and shall continue for an initial term ("Term") of one (1) year. Thereafter this Agreement shall remain in effect unless terminated by either Party by providing a written six (6) months notice of termination to the other Party. 1 <PAGE> 2.2 The Parties shall endeavor to provide the Teleglobe Services and IDX Services on the respective dates of completion of testing (the "Service Date"), and each Party shall notify the other Party when such testing for its respective service is completed. 3. VOLUME COMMITMENT As of the Service Date, IDX shall send annually to the Destinations, via Teleglobe's facilities, the minimum volume of minutes of traffic, if any, set forth in Annex 2-A. 4. OPERATIONAL AND COMMERCIAL MATTERS 4.1 The point of interconnection with IDX for the provision of Teleglobe Services by Teleglobe and the provision of IDX services by IDX shall be at 60 Hudson, Room 1206, New York, New York (the "lnterconnection Location"). IDX shall be responsible to procure, at its own expense, the necessary facilities or equipment required to deliver IDX traffic to Teleglobe's facilities at 60 Hudson. Teleglobe shall be responsible to procure, at its own expense, the necessary facilities or equipment required to deliver Teleglobe traffic to IDX's facilities at 60 Hudson. 4.2 The Parties shall coordinate the management of their respective system facilities, with each Party being responsible for providing and operating, at its own expense, its respective network facilities. The Parties also shall interface on a 24 hours/7 days a week basis to assist each other with the isolation and repair of any facility faults in their respective networks, and with the identification, investigation and mitigation of real time traffic flow problems to/from any service destination. 4.3 The Parties shall exchange prompt and accurate traffic forecasting information in order to allow the efficient provisioning of the Services. Initial forecasts shall be provided by each party prior to the Services Date and periodically thereafter as may be reasonably requested by either party. Such forecasts shall be in a form satisfactory to the Parties and shall specify the traffic volumes, daily and seasonal profiles and peak periods for each Destination. 4.4 Teleglobe reserves the right to cancel and/or temporarily suspend any or all of the Teleglobe Services if IDX engages in activities which, in the reasonable opinion of Teleglobe, may cause disruption or damage to Teleglobe's network of facilities. Teleglobe shall use commercially reasonable efforts to provide IDX with advance notice of such suspension and or cancellation and in any case shall endeavor to provide written confirmation of such suspension and or cancellation within a commercially reasonable time thereafter. 5. PRICING AND BILLING 5.1 For the Teleglobe Services provided pursuant to this Agreement, IDX shall pay Teleglobe the rates (the "Rates") by Teleglobe Destination set forth in Annex 2-A attached hereto which Rates may be adjusted by Teleglobe from time to time by providing seven (7) days prior written notice to IDX. For the IDX Services provided pursuant to this Agreement Teleglobe shall pay IDX the rates (the "IDX Rates") by IDX Destination set forth in Annex 2-B attached hereto which IDX Rates may be adjusted by IDX from time to time by providing seven (7) days prior written notice to Teleglobe. The Teleglobe Rates and the IDX Rates shall hereinafter be jointly referred to as the "Rates". 5.2 As soon as practicable after the end of each month, the Parties shall submit invoices to each other on a monthly basis for their respective services provided hereunder. Such invoices shall be based on the chargeable duration of the calls routed pursuant to this Agreement. The invoice will include traffic by destination, tariffs by destination and total 2 <PAGE> amount due. For purposes of this Agreement, Teleglobe Services chargeable calls shall begin when Teleglobe receives answer supervision, and IDX Services chargeable calls shall begin when IDX receives answer supervision. 5.3 All amounts due hereunder by either party shall be payable to the provider of services in U.S. Dollars in immediately available funds within fifteen (15) days of the date of invoice. If either party in good faith disputes any invoiced amount, it shall submit to the invoicing party within sixty (60) days following receipt of such disputed invoice, written documentation identifying the minutes and/or rates which are in dispute. The Parties shall investigate the matter and upon mutual agreement a credit against future invoices may be issued by the invoicing party. Any amounts due hereunder that are not paid when due shall accrue interest at the rate of one and one-half percent (1.5%) per month, compounded daily, beginning with the day following the date on which payment was due, and continuing until paid in full. The Parties may, subject to their mutual agreement in writing, offset amounts owing hereunder. 5.4 Either party may at any time require the other party hereto to issue a deposit, irrevocable letter of credit or other form of security acceptable to such party if the other party's financial circumstances or payment history is or becomes unacceptable to such party based upon reasonable supporting evidence. 5.5 All Rates and other charges due hereunder are exclusive of all applicable taxes, including value added tax, sales taxes, and duties or levies imposed by any authority, government or government agency, all of which shall be paid promptly when due by the party purchasing services hereunder. 6. TERMINATION 6.1 In addition to any other rights at law or in equity, either party may terminate this Agreement immediately in the event that the other party (i) fails to make any payment when due hereunder; (ii) becomes insolvent or bankrupt or ceases paying its debts generally as they mature; or (iii) commits a breach of any of the terms of this Agreement (other than a breach of a payment obligation as addressed in (I) above) and fails to remedy such breach within thirty (30) days after receipt of written notice thereof from the non-breaching party. 6.2 In the event of any termination pursuant to this Article 6, both Parties shall pay the applicable Rates for any Services rendered through and including the date of termination as well as any amounts due on account of any minimum volume commitment obligations and Shortfall charges, if any, arising pursuant to Annex 2-A. 7. LIMITATION OF LIABILITY 7.1 The Parties recognize that neither party has control over how a foreign administration or third party carrier establishes its own rules and conditions pertaining to international telecommunications services. The Parties agree that neither party shall be liable for any loss or damage sustained by the other party hereto, its interconnecting carriers or its end users due to any failure in or breakdown of the communication facilities associated with providing services hereunder, for any interruption or degradation of such services whatsoever shall be the cause or duration thereof. 7.2 In no event shall either Party be liable to the other for consequential, special or indirect losses or damages howsoever arising and whether under contract, tort or otherwise (including, without limitation, third party claims, loss of profits, loss of customers, or damage to reputation or goodwill). 3 <PAGE> 8. ASSIGNMENT This Agreement is personal to the Parties hereto and may not be assigned or transferred by either Party without the prior written consent of the other Party which will not be unreasonably withheld or delayed; except that Teleglobe may assign this Agreement without consent to any affiliated entity or successor in interest whether by merger, reorganization, or transfer of all or substantially all of its assets or otherwise. 9. FORCE MAJEURE No failure or omission by either Party to carry out or observe any of the terms and conditions of this Agreement (other than any payment obligation) shall give rise to any claim against such Party or be deemed a breach of this Agreement if such failure or omission arises from an act of God, an act of Government, or any other circumstance commonly known as force majeure. 10. CONFIDENTIALITY 10.1 For a period of two (2) years from the date of disclosure thereof, each Party shall maintain the confidentiality of all information or data of any nature ("Information") provided to it by the other Party hereto provided such Information contains a conspicuous marking identifying it as "Confidential" or "Proprietary". Each Party shall use the same efforts (but in no case less than reasonable efforts) to protect the Information it receives hereunder as it accords to its own Information. The above requirements shall not apply to Information which is already in the possession of the receiving Party through no breach of an obligation of confidentiality to the disclosing Party or any third Party, is already publicly available through no breach of this Article 10, or has been previously independently developed by the receiving Party. This Agreement shall not prevent any disclosure of Information pursuant to applicable law or regulation, provided that prior to making such disclosure, the receiving Party shall use reasonable efforts to notify the disclosing Party of this required disclosure. All Information provided by any Party to the other hereunder shall be used solely for the purpose for which it is supplied. 10.2 Without the prior written consent of the other Party hereto, neither Party shall (i) refer to itself as an authorized representative of the other Party hereto in promotional, advertising, or other materials, (ii) use the other Party's Iogos, trade marks, service marks, or any variations thereof in any of its promotional, advertising, or other materials, or (iii) release any public announcements referring to the other Party or this Agreement without first having obtained such Party's prior written consent. 11. NOTICE 11.1 All notices, requests, or other communications hereunder shall be in writing, addressed to the parties as follows: If to IDX: IDX International, Inc. 12015 Lee Jackson Highway Fairfax, Virginia 22033 Attention: Jeff Gee, Executive Vice President Facsimile: (703) 385-9134 4 <PAGE> If to Teleglobe: Teleglobe USA Inc. 1751 Pinnacle Drive, Suite 1600 McLean, Virginia 22102 Attention: Vice President, General Manager Facsimile: (703) 714-6653 11.2 Notices mailed by registered or certified mail shall be conclusively deemed to have been received by the addressee on the fifth business day following the mailing of sending thereof. Notices sent by telex or facsimile shall be conclusively deemed to have been received when the delivery confirmation is received. If either Party wishes to alter the address to which communications to it are sent, it may do so by providing the new address in writing to the other Party. 12. COMPLIANCE WITH LAWS 12.1 The Parties shall not use the Services in any manner or for any purpose which constitutes a violation of applicable laws or the laws of any foreign jurisdiction in which the Services are being provided. This Agreement and the continuance hereof by the Parties is contingent upon the obtaining and the continuance of such approvals, consents, governmental and regulatory authorizations, licenses and permits as may be required or deemed necessary by the Parties, and the Parties shall use commercially reasonable efforts obtain and continue same in full force and effect. IDX further agrees to refrain from engaging in sales, advertising or marketing within or outside of the United States which Teleglobe believes could impair its or its affiliates' relationship with any overseas authority or carrier. 12.2 The Parties acknowledge that this Agreement is subject to Section 211 of the Communications Act, as amended, and shall govern Teleglobe's provision of the Teleglobe Services to IDX. The Parties also understand and agree that the terms and conditions hereof shall, in all cases, supersede any terms set forth in any Teleglobe tariff on file and then in effect with the Federal Communications Commission. 12.3 This Agreement and the continuance hereof by the Parties is contingent upon the obtaining and the continuance of such approvals, consents, governmental and regulatory authorizations, licenses and permits as may be required or deemed necessary by the Parties, and the Parties shall use commercially reasonable efforts obtain and continue same in full force and effect. 13. MISCELLANEOUS 13.1 Any Article or any other provision of this Agreement which is or becomes illegal, invalid or unenforceable shall be severed herefrom and shall be ineffective to the extent of such illegality, invalidity or unenforceability and shall not affect or impair the remaining provisions hereof, which provisions shall be severed from any illegal, invalid or unenforceable Article or any other provision of this Agreement and shall otherwise remain in full force and effect. 13.2 No waiver by either Party to any provisions of this Agreement shall be binding unless made in writing, any such waiver shall relate only to such specific matter, non-compliance or breach to which it relates to and shall not apply to any subsequent matter, non-compliance or breach. 13.3 The relationship between the Parties shall not be that of partners, and nothing herein contained shall be deemed to constitute a partnership between them or a merger of their assets or their fiscal or other liabilities or undertakings. Neither Party shall have the right to 5 <PAGE> bind the other Party, except as expressly provided for herein. 13.4 This Agreement shall be governed by the laws of the Commonwealth of Virginia, without reference to its principles of conflict of laws. IDX irrevocably consents and submits to personal jurisdiction in the courts of the Commonwealth of Virginia for all matters arising under this Agreement. 13.5 This Agreement may be executed in multiple counterparts, each of which shall be deemed an original. 13.6 This Agreement, including the following Annexes: Annex 1-A Teleglobe Services Annex 1-B IDX Services Annex 2-A Teleglobe Destinations and Rates Annex 2-B IDX Destinations and Rates represents the entire understanding between the Parties in relation to the matters herein and supersedes all previous agreements made between the Parties, whether oral or written. This Agreement may only be modified by a writing signed by both Parties. IN WITNESS WHEREOF, the Parties have executed this Agreement in duplicate, or caused this Agreement to be executed in duplicate by a duly authorized officer, as of the date first above written. TELEGLOBE USA-INC. IDX INTERNATIONAL, INC. By: /s/ John Cole II By: /s/ Jeffey J. Gee ---------------------------------- --------------------------------------- Name: John Cole II Name: Jeffey J. Gee ---------------------------------- --------------------------------------- Title: PRESIDENT Title: EXECUTIVE VICE PRESIDENT ---------------------------------- --------------------------------------- APPROVED TELEGLOBE Law Department ?? for 6/24/98 6 <PAGE> ANNEX 1-A TELEGLOBE SERVICES 1. International Direct Distance Dialing (IDDD) -- Teleglobe will connect facilities to route international telecommunications traffic (IDDD type) and will arrange with authorized international carriers to provide service to various destinations around the world. 7 <PAGE> ANNEX 1-B IDX SERVICES 1. International Direct Distance Dialing (IDDD) -- IDX will connect facilities to route international telecommunications traffic (IDDD type) and will arrange with authorized international carriers to provide service to various destinations around the world. 8 <PAGE> ANNEX 2-A , TELEGLOBE DESTINATIONS AND RATES 1.0 DESTINATIONS AND RATES Destination Price Effective Date ----------- ----- -------------- (US$) 2.0 MINIMUM VOLUME COMMITMENT NONE 9 <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ------- Albania 355 $0.3000 Algeria 213 $0.3400 American Samoa 684 $0.4600 Andorra 376 $0.3100 Angola 244 $0.4900 Anguilla 809497 $0,4400 Antarctica 0 $0.2900 Antigua & Barbuda 809460 $0.4300 Argentina 54 $0.4300 Argentina - Buenos Aires 541 $0.4700 Armenia 374 $0.5200 Aruba 297 $0.3500 Ascension Island 247 $0.6200 Australia 61 $0,0950 Austria 43 $0.1550 Azerbaijan 994 $0.3375 Bahamas 809321 $0.2175 Bahrain 973 $0.6200 Bangladesh 880 $0.8100 Barbados 809228 $0.4700 Belarus 375 $0.3400 Belgium 32 $0.1350 Belize 501 $0.6400 Benin 229 $0.5500 Bermuda 809231 $0.2250 Bhutan 975 $0,6400 Bosnia-Hercegovina 387 $0.3800 Botswana 267 $0.4400 Brazil 55 $0.4000 Brazil (Mobile) $0.4000 Brazil (Rio De Janeiro 5521 $0.4000 Brazil (Sao Paolo) 5511 $0.4000 British Virgin Islands 809275 $0.3150 Bulgaria 359 $0.2800 Burkina Faso 226 $0.5500 Burundi 257 $0.5400 Cambodia 855 $0.7700 Cameroon 237 $0.6000 Canada (Rest of) $0.0700 ----------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE_____, IDX International Inc. _JG_ Page 1 of 7 Confidential and Proprietary <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ----- Canada - Codes 416,514,905 $0.0500 Canary Isl 34 $0.2800 Cape Verde 238 $0.4900 Cayman Islands 809945 $0.3300 Central African Republic 236 $0.7800 Chad 235 $0.9400 Chile 56 $0.2500 China 86 $0.4800 Christmas Islands 672 $0.3100 Cocos Islands $0.2500 Colombia 57 $0.4600 Colombia (Bogota) 571 $0.3800 Colombia -Cali 5723 $0.4500 Colombia - Medallin 574 $0.3700 Comoros 269 $0.7000 Congo 242 $0.6200 Cook Islands 682 $0.8800 Costa Rica 506 $0.3900 Croatia 385 $0.2800 Cuba 53 $0.5300 Cuba - Guantanamo 53 $0.5300 Cyprus 357 $0.2900 Czech Republic 42 $0.2600 Denmark 45 $0.1100 Diego Garcia 246 $0.6500 Djibouti 253 $0.6400 Dominica 596 $0.5300 Dominican Republic 809220 $0.2450 Ecuador 593 $0.5000 Egypt 20 $0.6200 El Salvador 503 $0,4000 Equatorial Guinea 240 $0.8100 Eritrea 297 $0.9100 Estonia 372 $0.2900 Ethiopia 251 $0.8200 Falkland Islands 500 $0.5000 Faroe Islands 298 $0.2900 Fiji 679 $0.7000 Finland 358 $0.1500 ----------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE____, IDX International Inc. _JG_ Page 2 of 7 Confidential and Proprietary <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ----- France 33 $0.1350 France - Paris 331 $0.1350 French Guiana 594 $0.4200 French Polynesia 689 $0.6000 Gabon 241 $0.5800 Gambia 220 $0.4100 Georgia 995 $0.6000 Germany 49 $0.0800 Germany - Frankfurt 4969 $0.0800 Germany - Mobile $0.1400 Ghana 233 $0.4800 Gibraltar 350 $0.3500 Greece 30 $0.3150 Greenland 299 $0.4400 Grenada 809440 $0.5200 Guadeloupe 809 $0.3500 Guam 671 $0.1200 Guatemala 502 $0.4750 Guinea 224 $0.4800 Guinea Bissau 245 $0.8800 Guyana 592 $0.6200 Haiti 509 $0.5000 Honduras 504 $0.4400 Hong Kong 852 $0.2100 Hungary 36 $0.2200 Iceland 354 $0.2250 India 86 $0.6800 India - Madras 8644 $0.6550 India - New Delhi 8611 $0.6400 Indonesia 62 $0.5100 Inmarsat A AOR 0 $6.5000 Iran 98 $0.6900 Iraq 964 $0.8600 Ireland 353 $0.1050 Ireland - Dublin 3531 $0.0900 Israel 972 $0.1900 Italy 39 $0.1450 Italy - Milan 392 $0,1450 Italy - Mobile $0.2000 ----------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE____, IDX International Inc. _JG_ Page 3 of 7 Confidential and Proprietary <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ----- Italy - Rome 396 $0.1450 Ivory Coast 225 $0.7700 Jamaica 809287 $0.5500 Japan 81 $0.2000 Japan (Tokyo) 813 $0.2000 Jordan 962 $0.5700 Kazakhstan 7 $0.5300 Kenya 254 $0.6300 Kiribati 686 $0.7300 Kuwait 965 $0.6900 Kyrghyzstan 7 $0.5400 Laos 856 $0,7200 Latvia 371 $0.3000 Lebanon 961 $0.6000 Lesotho 266 $0,4200 Liberia 231 $0.4600 Libya 218 $0.3200 Lithuania 370 $0.3600 Luxembourg 352 $0.1700 Macau 853 $0.4200 Macedonia 389 $0.4200 Madagascar 261 $0.6800 Malawi 265 $0.3800 Malaysia 60 $0.2675 Maldives 960 $0.6500 Mali 223 $0.7300 Malta 356 $0.2700 Mariana Islands 0 $0.4600 Marshall Islands 692 $0.4350 Martinique 809 $0.4100 Mauritania 222 $0.5000 Mauritius Island 230 $0.5800 Mayotte 269 $0.4800 Mexico (Off-Peak) 52 $0.3000 Mexico (Peak) 52 $0.3000 Mexico - Guadalajara 523 $0.2700 Mexico - Mexico City 525 $0.2800 Mexico - Monterrey 5283 $0.2700 Micronesia 691 $0.7000 ----------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE____, IDX International Inc. _JG_ Page 4 of 7 Confidential and Proprietary <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ----- Monaco 33 $0.1900 Mongolia 976 $0.9000 Montserrat 809491 $0.5500 Morocco 212 $0.4200 Mozambique 258 $0.5000 Myanmar (Burma) 95 $0.9100 Namibia 264 $0.4600 Nauru 674 $0.7200 Negara (Brunei) 673 $0.4500 Nepal 977 $0.7600 Netherland Antilles 599 $0.3000 Netherlands 31 $0.1400 New Caledonia 687 $0.5900 New Zealand 64 $0.1700 Nicaragua 505 $0.5400 Niger 227 $0.5600 Nigeria 234 $0.6500 Niue 683 $0.9300 Norfolk Island 672 $0.5400 North Korea 850 $0.7900 Norway 47 $0.1600 Oman 968 $0.7050 Pakistan (Off-Peak) 92 $0.7200 Pakistan (Peak) 92 $0.8000 Palau 680 $0.6600 Panama 507 $0.5400 Papua New Guinea 675 $0.4300 Paraguay 595 $0.5900 Peru 51 $0.5400 Philippines 63 $0.3200 Poland 48 $0.2500 Portugal 351 $0.3000 Puerto Rico 809 $0.1420 Qatar 974 $0.7150 Reunion Island 262 $0.4800 Romania 40 $0.4100 Russia 7 $0.3500 Russia - Moscow 7 $0.3500 Russia - Overlay $1.1100 ------------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE____, IDX International Inc. _JG_ Page 5 of 7 Confidential and Proprietary <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ----- Russia - St. Petersburg 7812 $0.3500 Rwanda 250 $0.8100 San Marino 378 $0.4100 Sao Tome & Principe 239 $0.9050 Saudi Arabia 966 $0.6900 Senegal 221 $0.8500 Serbia 381 $0.4050 Seychelles 248 $0.7300 Sierra Leone 232 $0.6800 Singapore 65 $0.3200 Slovakia 42 $0.2500 Slovenia 386 $0.2250 Soloman Islands 677 $0.7000 Somalia 252 $0.8500 South Africa 27 $0.4600 South Korea 82 $0.3000 Spain 34 $0.2500 Spain - Barcelona 343 $0.2200 Spain - Madrid 341 $0.2200 Sri Lanka 94 $0.7400 St. Helena 290 $0.6600 St. Kitts & Nevis 590 $0.4300 St. Lucia 809450 $0.5100 St. Pierre & Miquelon 508 $0.2800 St. Vincent & Grenadines 809456 $0.5900 Sudan 249 $0.4000 Suriname 597 $0.8300 Swaziland 268 $0.2000 Sweden 46 $0.0950 Switzerland 41 $0.1550 Syria 963 $0.5200 Taiwan 886 $0.3900 Tajikistan 7 $0.4300 Tanzania 255 $0.4800 Thailand 66 $0.4900 Togo 228 $0.6500 Tonga 676 $0.8100 Trinidad & Tobago 809622 $0.5550 Tunisia 216 $0.3700 ----------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE____, IDX International Inc. _JG_ Page 6 of 7 Confidential and Proprietary <PAGE> ANNEX 2 DESTINATIONS AND SERVICE PRICING IMTS RATES PER MINUTE IN US DOLLARS FOR IDX INTERNATIONAL INC. DESTINATIONS COUNTRY CODES RATES ------------ ------------- ----- Turkey 90 $0.3850 Turkmenistan 7 $0.6800 Turks & Caicos Islands 809941 $0.4400 Tuvalu 688 $0.6900 Uganda 256 $0.4300 Ukraine 380 $0.3800 United Arab Emirates 971 $0.5400 United Kingdom 44 $0.0400 United Kingdom - Mobil $0.1200 Uruguay 598 $0.5800 US Virgin Isl 809 $0.0800 USA - Contiguous $0.0500 Uzbekistan 7 $0.5600 Vanuatu 678 $0.6800 Venezuela 58 $0.3550 Vietnam 84 $0.8350 Wallis & Futuna 681 $0.3800 Western Samoa 685 $0.5800 Yemen 967 $0.6400 Zaire 243 $0.5800 Zambia 260 $0.6100 Zimbabwe 263 $0.3600 ----------------------------------------------------------------------------- Agreement between TELEGLOBE Effective 6/19/98 Updated 6/19/98 6/19/98 and IDX International Inc. TELEGLOBE____, IDX International Inc. _JG_ Page 7 of 7 Confidential and Proprietary