X0202 4 2005-04-06 0 0000949371 I2 TELECOM INTERNATIONAL INC ITUI 0001323412 Rose James 1200 ABERNATHY ROAD SUITE 1800 ATLANTA GA 30328 0 1 0 0 Chief Technology Officer Employee Stock Option (Right to Buy) 0.80 2005-04-06 4 A 0 600000 A 2008-04-06 Common Stock 600000 600000 D The option is exercisable and vests as follows: (i) 100,000 of the underlying shares vest on the date of grant; (ii) 125,000 of the underlying shares vest on April 6, 2006; (iii) 125,000 of the underlying shares vest on April 6, 2007; and (iv) 250,000 of the underlying shares vest at such time the Issuer achieves certain sales benchmarks. Issued pursuant to the Issuer's 2004 Stock Incentive Plan. /s/ James Rose 2005-07-11