Global Telemedia International Inc Watch

from S-8 ~5 pages Material contract

from S-8 ~5 pages Material contract

from 10QSB ~5 pages Material contract

from 10KSB ~10 pages Material contract

from 10KSB 1 page <page> Amendment Number Two (2) to Employment Contract Dated May 25, 1995 Between Global Telemedia International, Inc. and Melissa D. Hart This Amendment Number Three (3) Dated February 1, 1997 to That Certain Employment Agreement Dated May 25, 1995 by and Between Global Telemedia International, Inc. and Melissa Hart Shall Be Amended as Follows Article 2. Shall Be Amended to Revise Article 2.1 as Follows: 2. Compensation. 2.1 for All Services Rendered Hereunder, Employer Agrees to Pay Employee and Employee Agrees to Accept From Employer, Annual Base Compensation Computed at the Rate of Fifty Two Thousand Dollars and No Cents ($52,000.00) Per Annum During the Term of Employee's Employment, Prorated Base Don the Period of Actual Service and Payable in Accordance With Employer's Standard Payroll Policies. the Board of Directors of Employer May Increase Employee's Compensation From Time to Time and Will Review Employee's Performance Hereunder and His Compensation Therefor in Accordance With Principles and Practices Generally Acceptable to Employer's Employees. All Other Terms and Conditions of the Original Agreement Dated May 25, 1995 Shall Remain in Full Force and Effect. Global Telemedia International, Melissa Hart Inc. By: /S/ Roderick A. McClain By: /S/ Melissa Hart Its: President and Chief Executive Officer

from 10KSB 1 page <page> Amendment Number Two (2) to Employment Contract Dated September 1, 1995 Between Global Telemedia International, Inc. and Geoffrey F. McClain This Amendment Number Two (2) Dated February 1, 1997 to That Certain Employment Agreement Dated September 1, 1995 by and Between Global Telemedia International, Inc. and Geoffrey McClain Shall Be Amended as Follows Article 2. Shall Be Amended to Revise Article 2.1 as Follows: 2. Compensation. 2.1 for All Services Rendered Hereunder, Employer Agrees to Pay Employee and Employee Agrees to Accept From Employer, Annual Base Compensation Computed at the Rate of Ninety Eight Thousand Dollars and No Cents ($98,000.00) Per Annum During the Term of Employee's Employment, Prorated Base Don the Period of Actual Service and Payable in Accordance With Employer's Standard Payroll Policies. the Board of Directors of Employer May Increase Employee's Compensation From Time to Time and Will Review Employee's Performance Hereunder and His Compensation Therefor in Accordance With Principles and Practices Generally Acceptable to Employer's Employees. All Other Terms and Conditions of the Original Agreement Dated September 1, 1995 Shall Remain in Full Force and Effect. Global Telemedia International, Geoffrey F. McClain Inc. By: /S/ Roderick A. McClain By: /S/ Geoffrey F. McClain Its: President and Chief Executive Officer

from 10KSB 1 page <page> Amendment Number One (1) to Employment Contract Dated October 1, 1995 Between Global Telemedia International, Inc. and Herbert S. Perman This Amendment Number One (1) Dated February 1, 1996 to That Certain Employment Agreement Dated October 1, 1995 by and Between Global Telemedia International, Inc. and Herbert S. Perman Shall Be Amended as Follows Article 2. Shall Be Amended to Include New Article 2.5 as Follows: 2. Compensation. 2.5 Employer Hereby Grants to Employee the Right to Purchase 50,000 Warrants and Options in Global Telemedia International, Inc. for the Sum of $1.00 Per Warrant. These Warrants Must Be Exercised, in Whole or in Part, No Later Than January 31, 1997. in Order to Receive Said Warrant Options, Employee Must Remain in the Employ of Global Telemedia International, Inc. Through January 31, 1997. All Other Terms and Conditions of the Original Agreement Dated October 1, 1995 Shall Remain in Full Force and Effect. Global Telemedia International, Herbert S. Perman Inc. By: /S/ Roderick A. McClain By: /S/ Herbert S. Perman Its: President and Chief Executive Officer

from 10KSB 1 page <page> Amendment Number One (1) to Employment Contract Dated September 1, 1995 Between Global Telemedia International, Inc. and Geoffrey F. McClain This Amendment Number One (1) Dated February 1, 1996 to That Certain Employment Agreement Dated May 25, 1995 by and Between Global Telemedia International, Inc. and Geoffrey F. McClain Shall Be Amended as Follows Article 2. Shall Be Amended to Include New Article 2.5 as Follows: 2. Compensation. 2.5 Employer Hereby Grants to Employee the Right to Purchase 50,000 Warrants and Options in Global Telemedia International, Inc. for the Sum of $1.00 Per Warrant. These Warrants Must Be Exercised, in Whole or in Part, No Later Than January 31, 1997. in Order to Receive Sair Warrant Options, Employee Must Remain in the Employ of Global Telemedia International, Inc. Through January 31, 1997. All Other Terms and Conditions of the Original Agreement Dated September 1, 1995 Shall Remain in Full Force and Effect. Global Telemedia International, Geoffrey F. McClain Inc. By: /S/ Roderick A. McClain By: /S/ Geoffrey F. McClain Its: President and Chief Executive Officer