Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On March 17, 2009, deltathree, Inc. (the "Company") and Effi Baruch, the Company's interim Chief Executive Officer, President and Senior Vice President of Operations and Technology, entered into Amendment No. 1 (the "Amendment") to the Executive Employment Agreement between the Company and Mr. Baruch dated as of December 9, 2008 (the "Agreement"). The material terms and conditions of the Agreement were summarized in, and a copy of the Agreement was attached as Exhibit 99.1 to, the Company's Current Report on Form 8-K filed with the SEC on December 9, 2008. Pursuant to the terms of the Amendment, Mr. Baruch's salary was increased from $156,000 to $186,000 per annum. All of the other terms and conditions of the Agreement remain the same.

A copy of the Amendment is attached as Exhibit 99.1 hereto.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Document
99.1 Amendment No. 1 to Executive Employment Agreement between the Company and Mr. Baruch, dated as of March 17, 2009.

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