EXHIBIT 10.05

FORM OF  SUPPLEMENT TO SUBSIDIARY GUARANTY

THIS SUPPLEMENT, dated as of March 30, 2006 (this "Supplement"), is to the Subsidiary Guaranty, dated as of May 6, 1999 (as amended, supplemented,
amended and restated or otherwise modified, the "Guaranty"), among the initial signatories thereto and each other Person (such capitalized term, and other terms used in this Supplement, to have the
meanings set forth inArticle Iof the Guaranty) which from time to time thereafter became a party thereto pursuant to Section 5.5 thereof
(each, individually, a "Guarantor", and, collectively, the "Guarantors"), in favor of the Secured
Parties.

W I T N E S S E T H:

WHEREAS,
on June 25, 2002, certain of the Borrowers and their affiliates filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Bankruptcy Code in
the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court");

WHEREAS,
pursuant to, and subject to the terms and conditions set forth in, that certain order of Judge Robert E. Gerber of the Bankruptcy Court entered May 26, 2005 (the "Order")
approving (i) certain settlement agreements by and among certain of the Borrowers, the SEC, the U.S. Department of Justice and certain members of the Rigas family and (ii) the forfeiture
of certain assets and interests owned by certain members of the Rigas family to certain of the Borrowers and their affiliates (the "Forfeiture"), the undersigned has been ordered to guarantee the
Obligations of the Borrowers under the Credit Agreement for the benefit of the Secured Parties in accordance with the terms of the Order; and

WHEREAS,
pursuant to the provisions of Section 5.5 of the Guaranty, the undersigned is becoming a Guarantor under the Guaranty.

NOW,
THEREFORE, in consideration of the premises, and for other consideration (the receipt and sufficiency of which is hereby acknowledged), the undersigned agrees, for the benefit of
each Secured Party, as follows.

SECTION 1.Party to Guaranty. etc.In accordance with the terms of the Guaranty and the Order, by its
signature below the undersigned hereby irrevocably agrees to become a Guarantor under the Guaranty with the same force and effect as if it were an original signatory thereto and the undersigned
Guarantor hereby agrees, subject to the Order, to be bound by and comply with all of the terms and provisions of the Guaranty applicable to it as a Guarantor. In furtherance of the foregoing, each
reference to a "Guarantor" in the Guaranty shall be deemed to include the undersigned Guarantor.

SECTION 2.Representations.The undersigned Guarantor hereby represents and warrants that this Supplement
has been duly executed and delivered by it and that this Supplement and the Guaranty constitute the legal, valid and binding obligation of the undersigned Guarantor, enforceable against it in
accordance with its terms.

SECTION 3.Limitations.



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SECTION 3.Recourse.Notwithstanding anything contrary herein or in the Guaranty, the recourse of the
Agents and the Lenders in respect of the obligations of the undersigned herein and in the Guaranty is limited solely to the undersigned's equity interests in Hilton Head Communications, L.P. and
Ionian Communications, L.P.

SECTION 4.Full Force of Guaranty.Except as expressly supplemented hereby, the Guaranty shall remain in
full force and effect in accordance with its terms.

SECTION 5.Severability.In the event any one or more of the provisions contained in this Supplement
should be held invalid, illegal or unenforceable in any respect. the validity. legality and enforceability of the remaining provisions contained herein and in the Guaranty shall not in any way be
affected or impaired.

SECTION 6.Governing Law, Entire Agreement, etc.THIS SUPPLEMENT SHALL BE DEEMED
TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF
THE STATE OF NEW YORK). THIS SUPPLEMENT AND THE OTHER LOAN DOCUMENTS CONSTITUTE THE ENTIRE UNDERSTANDING AMONG THE PARTIES HERETO WITH RESPECT TO THE SUBJECT MATTER HEREOF AND SUPERSEDE ANY PRIOR
AGREEMENTS, WRITTEN OR ORAL, WITH RESPECT THERETO.

SECTION 7.Counterparts.This Supplement may be executed by the parties hereto in several counterparts,
each of which shall be deemed to be an original and all of which shall constitute together but one and the same agreement.

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IN
WITNESS WHEREOF, the parties hereto have caused this Supplement to be duly executed and delivered by their respective officers thereunto duly authorized as of the day and year first
above written.

| | [GUARANTOR SIGNATURE BLOCK]
| | ---------------------------

ACCEPTED
BY:

FIRST
UNION NATIONAL BANK,
as Administrative Agent

|By: |        | 
|--- | ------ | 
|    | Title: | 

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