EXHIBIT 10.1
                                                                    ------------

                     AMENDMENT NO. 5 TO EMPLOYMENT AGREEMENT

     This Amendment dated September 26, 2006 hereby amends the Employment
Agreement dated August 1, 2004 (the "Employment Agreement"), by and between
iVoice Technology, Inc., a New Jersey corporation (hereinafter referred to as
the "Company"), having an office at 750 Highway 34, Matawan, New Jersey 07747
and Jerome Mahoney, having his office at 750 Rt. 34, Matawan, NJ 07747
(hereinafter referred to as the "Executive").

                              W I T N E S S E T H :

     WHEREAS, the Company and the Executive mutually desire to amend the
Employment Agreement; and

     NOW, THEREFORE, in consideration of the premises, the parties agree as
follows:

1. Effective August 31, 2006, Paragraph 3 shall be deleted in its entirety and
replaced with the following:

     "Duties. The Executive agrees that the Executive will serve the Company on
     a part-time basis faithfully and to the best of his ability as the
     President and Chief Executive Officer, subject to the general supervision
     of the Board of Directors of the Company. The Executive agrees that the
     Executive will not, during the term of this Agreement, engage in any other
     business activity which interferes with the performance of his obligations
     under this Agreement. The Executive further agrees to serve as a director
     of the Company and/or of any parent, subsidiary or affiliate of the Company
     if the Executive is elected to such directorship."

4. All other terms of the Employment Agreement shall remain in full force and
effect.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
date written below.


IVOICE TECHNOLOGY, INC.                     JEROME MAHONEY


By: ____________________                    By: ____________________
    Frank Esser

Title: Director


Date: __________________                    Date: __________________