0000950103-03-001193 Sample Contracts

RECAPITALIZATION AGREEMENT dated as of April 24, 2003 among Commonwealth Telephone Enterprises, Inc. Eldorado Equity Holdings, Inc. and Level 3 Communications, Inc.
Recapitalization Agreement • April 25th, 2003 • Commonwealth Telephone Enterprises Inc /New/ • Telephone communications (no radiotelephone) • New York

AGREEMENT dated as of April 24, 2003 among Commonwealth Telephone Enterprises, Inc., a Pennsylvania corporation (the “Company”), Level 3 Communications, Inc., a Delaware corporation (“Shareholder Parent”), and Eldorado Equity Holdings, Inc., a Delaware corporation (“Shareholder”).

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AMENDMENT NO. 1 TO THE REGISTRATION RIGHTS AGREEMENT
The Registration Rights Agreement • April 25th, 2003 • Commonwealth Telephone Enterprises Inc /New/ • Telephone communications (no radiotelephone) • New York

AMENDMENT NO. 1 dated as of April 23, 2003 among Commonwealth Telephone Enterprises, Inc., a Pennsylvania corporation (the “Company”), Level 3 Communications, Inc., a Delaware corporation (“Level 3”) and Eldorado Equity Holdings, Inc., a Delaware Corporation (“Eldorado”), to the Registration Rights Agreement dated as of February 7, 2002 between the Company and Level 3 (the “Registration Rights Agreement”).

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