AMENDMENT TO
SHAREHOLDERS' AGREEMENT
This Amendment (the "AMENDMENT") is entered into as of September 24,
1999 and amends that certain Shareholders' Agreement (the "AGREEMENT") made
and entered into as of the 2nd day of October, 1998 among U.S. RealTel, Inc.,
an Illinois Corporation, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ Corp., an Illinois
Corporation, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Foundation, Jordan ▇. ▇▇▇▇▇▇, individually and as joint tenant with ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇, ▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇ & Co., an Indiana general partnership, the ▇▇▇▇▇▇
family trusts identified on the signature pages hereto, Access Financial
Group, Inc., ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇.
AGREEMENTS
For good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto hereby agree as follows:
1. Upon issuance of any shares of the Company's common stock to Troon
& Co. upon conversion of that certain Convertible Promissory Note dated
September 24, 1999 from the Company payable to Troon & Co., ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Trust GO ▇▇▇▇▇▇▇▇▇▇ Trust, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Trust ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ Trust,
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Trust ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. Trust and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Trust
▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Trust, Troon & Co. shall be deemed to be and shall have all
of the rights and obligations of a "Shareholder" pursuant to the Agreement.
2. In all other respects, the Agreement shall remain in full force
and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the
date first set forth above.
U.S. REALTEL, INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇
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Its: Chairman
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/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
---------------------------------
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ CORP.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Its: Chairman
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/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
---------------------------------
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
---------------------------------
▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ FOUNDATION
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Its: President
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/s/ Jordan ▇. ▇▇▇▇▇▇
---------------------------------
Jordan ▇. ▇▇▇▇▇▇, individually and joint
tenant, with ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
---------------------------------
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, as joint tenant with Jordan
▇. ▇▇▇▇▇▇
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇
---------------------------------
▇▇▇▇▇ ▇. ▇▇▇▇
▇▇ & CO.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------------
Its: President
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▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ TRUST -
GO ▇▇▇▇▇▇▇▇▇▇ FUND
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇, as Trustee
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ TRUST -
▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ FUND
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇, as Trustee
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ TRUST -
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇. FUND
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇, as Trustee
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ TRUST -
▇▇▇▇▇ ▇. ▇▇▇▇▇▇ FUND
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇, as Trustee
ACCESS FINANCIAL GROUP, INC.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------------------
Its:
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/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
----------------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇
/s/ ▇▇▇▇▇ ▇▇▇▇
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▇▇▇▇▇ ▇▇▇▇
TROON & CO.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Trustee & Partner
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