IDT CORP
AMENDMENT, DATED 10-24-02  TO EMPLOYMENT AGREEMENT
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<TYPE>EX-10.60
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<DESCRIPTION>AMENDMENT, DATED 10-24-02  TO EMPLOYMENT AGREEMENT
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 <DIV ALIGN="right"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B>Exhibit 10.60 </B></FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2" COLOR="#000000"><B>AMENDMENT TO EMPLOYMENT AGREEMENT </B></FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">Amendment dated as of October 24, 2002 (this
&#147;Amendment&#148;) to the Employment Agreement dated February 4, 2002, by and between IDT Corporation (the &#147;Company&#148;) and E. Brian Finkelstein (the &#147;Executive&#148;) (the &#147;Agreement&#148;). </FONT></DIV> <DIV><FONT
SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B>WITNESSETH </B></FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"
COLOR="#000000">WHEREAS, the Company and the Executive desire to modify the terms and conditions of the Agreement on the terms set forth herein. </FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV STYLE="text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000">NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows: </FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV
STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><U>Section 1</U>. Section 3 of the Agreement is replaced in its entirety, with the following: </FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV
STYLE="margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">&#147;3. <U>Position</U>. During the Term, the Executive shall serve as an Executive Vice President of Business Development of the Company." </FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above. </FONT></DIV>
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<TD VALIGN="top" COLSPAN="3" WIDTH="37%"> <DIV><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">IDT C<SMALL>ORPORATION</SMALL> </FONT></DIV> </TD> </TR>
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<TD VALIGN="top" WIDTH="2%"> <DIV STYLE="margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">By:</FONT></DIV> </TD>
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<TD VALIGN="bottom" WIDTH="37%"> <DIV><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><B>Name:&nbsp;&nbsp;&nbsp;&nbsp;James A. Courter</B></FONT></DIV> <DIV><FONT FACE="Times New Roman" SIZE="1"
COLOR="#000000"><B>Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer</B></FONT></DIV> </TD> </TR>
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<TD VALIGN="top" WIDTH="2%"> <DIV STYLE="margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">By:</FONT></DIV> </TD>
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<TD VALIGN="bottom" WIDTH="37%"> <DIV><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><B>Name:&nbsp;&nbsp;&nbsp;&nbsp;E. Brian Finkelstein</B></FONT></DIV> </TD> </TR>
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