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Douglas Bethell. Mr. Douglas Bethell joined us in June 2005 as President of our subsidiary, American Fiber Network, Inc. (AFN). Pursuant to the terms of his employment agreement, Mr. Bethell is paid a base salary of $60,000 per year and is entitled to receive an annual bonus based on the operating profits of AFN; provided, however, that in no event shall his annual bonus be less than $25,000. At the same time, the Company also executed a consulting agreement with DNK Enterprises II, Inc. (DFK), a company controlled by Mr. Bethell, pursuant to which DFK is paid $90,000 annually for services rendered to the Company by Mr. Bethell. The term of the employment agreement is for a period of two years commencing June 1, 2005, with successive one- year renewal terms. The term of the consulting agreement is for a period of two years, with a renewal term of one year. In February 2006 Mr. Bethell was promoted to Executive Vice President of the Company. In connection with his promotion Mr. Bethell was granted warrants to purchase 1,000,000 shares of Mobilepro common stock at an exercise price of $0.233 which vest ratably over a twenty four month period commencing April 1, 2006. On March 20, 2007 the Board of Directors granted Mr. Bethell options to purchase 4,000,000 shares of Mobilepro common stock at an exercise price of $0.036. The options vest in two equal installments on March 31, 2008 and March 31, 2009. | 