Amendment to Stock Purchase Agreement between Intellicall, Inc. and Gotthardfin Limited (June 1, 2000)

Summary

This amendment updates the Stock Purchase Agreement dated March 10, 2000, between Intellicall, Inc. (Seller) and Gotthardfin Limited (Purchaser). The key change gives Intellicall, Inc. the right of first refusal to match any third-party offer to purchase ILD shares from Gotthardfin Limited, provided Intellicall responds within 24 hours of receiving the offer. The amendment is effective as of June 1, 2000, and is signed by authorized representatives of both parties.

EX-10.2CONTRACTS 2 0002.txt AMENDMENT TO STOCK PURCHASE AGREEEMENT Amendment to Stock Purchase Agreement Effective June 1, 2000, the stock purchase agreement, dated as of March 10, 2000 (the "Stock Purchase Agreement") between Intellicall, Inc. ("Seller") and Gotthardfin Limited ("Purchaser") is amended to read as follows: Further Agreements Paragraph 5(c) of the Stock Purchase Agreement is deleted in its entirety and replaced by the following: (c) Upon an offer from a third party to purchase the ILD shares, the Purchaser grants the Seller the right of first refusal to match the offer presented by the third party within 24 hours of receipt of such offer. EXECUTED as of the date first set forth above. GOTTHARDFIN LIMITED By: /s/ Fabio Testori --------------------------------------- Fabio Testori Authorized Officer By: /s/ Gabriele Zanetti --------------------------------------- Gabriele Zanietti Authorized Officer INTELLICALL, INC. By: /s/ R. Phillip Boyd --------------------------------------- R. Phillip Boyd CFO