Exhibit
2.30 TRANSITION AGREEMENT  This Transition
Agreement (this Transition Agreement) is dated as of January 30, 2009
and is by and among Verizon Communications Inc., Verizon New England Inc. and
Verizon Information Technologies LLC, on the one hand (collectively, Verizon),
and FairPoint Communications, Inc., Northern New England Telephone
Operations LLC, Telephone Operating Company of Vermont LLC and Enhanced
Communications of Northern New England Inc., on the other hand (collectively, FairPoint).  RECITALS  WHEREAS,
certain of the parties or certain of their Affiliates are parties to (i) the
Transition Services Agreement dated as of January 15, 2007, as amended, by
and among Verizon Information Technologies LLC (Supplier), Northern New
England Telephone Operations Inc. and Enhanced Communications of Northern New
England Inc. and FairPoint Communications, Inc.(Buyers) (the Transition
Services Agreement); (ii) the Distribution Agreement, dated as of January 15,
2007, as amended, by and between Verizon Communications Inc. and Northern New
England Spinco Inc. (the Distribution Agreement); and (iii) the
Intellectual Property Agreement, dated as of March 31, 2008 by and among
Verizon Communications Inc., Northern New England Spinco Inc. and FairPoint
Communications, Inc. and (iv) the Transition Period Trademark License
Agreement, dated as of March 31, 2008, between Verizon Communications Inc.
and FairPoint Communications, Inc. (collectively, the Intellectual
Property Agreements).  Capitalized terms
have the meanings assigned in the Transition Services Agreement and
Distribution Agreement.  WHEREAS,
FairPoint has certain payment obligations to Verizon pursuant to Schedule B of
the Transition Services Agreement and the POP Assets Purchase Agreement, dated
as of December 30, 2008, betweenVerizon Information Technologies LLCand FairPoint
Communications, Inc. pursuant to Schedule E of the Transition Services
Agreement (the POP Asset Purchase Agreement) that total $45,350,392 (the FairPoint
Payment Obligation).  WHEREAS,
Verizon New England Inc. has certain payment obligations to FairPoint in 2009,
and may have certain additional payment obligations to FairPoint in 2010, which
in the aggregate would total $30,000,000, in connection with certain line
losses pursuant to the Order NO. 24,823, dated February 25, 2008, of the
State of New Hampshire Public Utilities Commission (the Line Loss Payments).  WHEREAS,
FairPoint has made allegations of non-performance of certain obligations by
Verizon, Spinco, Supplier or their Affiliates.  WHEREAS,
FairPoint requires access to the temporary use of certain Internet Single
Number Access telephone numbers.


AGREEMENT  NOW THEREFORE, in consideration of the mutual
promises and covenants contained herein, the parties agree as follows.  1.             Verizon New England, Inc.
hereby irrevocably transfers to FairPoint the $30,000,000 Line Loss Payments,
and FairPoint hereby acknowledges receipt of the $30,000,000 Line Loss
Payments.  The parties agree that this
transfer is being effected by means of a $30,000,000 credit by Supplier against
the FairPoint Payment Obligation. 
Verizon New England Inc. and Supplier irrevocably waive any right to any
future refund, recoupment, or reimbursement of any portion of the Line Loss
Payments.  2.             Verizon hereby issues to FairPoint
a credit of $200,000 against the fees and expenses invoiced by Verizon
Information Technologies LLC on January 9, 2009 and paid by FairPoint on January 27,
2009.  The parties agree that this credit
shall reduce the FairPoint Payment Obligation by $200,000.  Verizon shall apply this credit for
accounting purposes as a reduction of the Schedule A fees paid in January under
the Transition Services Agreement.  3.             Supplier and FairPoint shall
execute and deliver contemporaneously herewith an amended POP Assets Purchase
Agreement and related documentation, in the forms to which they have previously
agreed (the Amended POP Agreement).  4.             The remaining amount of the
FairPoint Payment Obligation, after giving effect to Sections 1 and 2 above and
the Amended POP Agreement, is $7,650,392 (the Remaining Amount).  FairPoint agrees to pay the Remaining Amount
to Verizon via wire transfer of immediately available funds on February 20,
2009, and Verizon agrees to accept payment on such date.  Transfer of assets pursuant to the Amended
POP Agreement shall be effective upon Verizons receipt of the Remaining
Amount.  FairPoint agrees not to assertany defense to payment of the Remaining
Amount on February 20, 2009,andshall not set off, appropriate or apply
such payment against any amount owed to it or any of its affiliates byVerizonCommunications Inc. or any of its
affiliates.For the avoidance of doubt, the
parties acknowledge and agree that Verizon shall retain all right, title and
interest in and to the assets that are the subject of the Amended POP Agreement
unless and until the payment of the Remaining Amount is received by Verizon,
and Verizon shall have the right to take possession of such assets (and
FairPoint hereby waives any defenses it may have to such action) and/or
otherwise terminate FairPoints use of such assets if payment of the Remaining
Amount is not received by Verizon on February 20, 2009.  5.             Supplier and FairPoint shall
execute and deliver contemporaneously herewith the IPRS Letter Agreement in the
form to which they have previously agreed. 
Supplier and FairPoint shall execute and deliver contemporaneously
herewith the Wholesale Customer Billing Statement Copy Agreement in the form to
which they have previously agreed.  2


6.             FairPoint, for and in consideration
of good and valuableconsideration, including the terms and
conditions set forth in this Transition Agreement, the sufficiency and receipt
of which are hereby acknowledged, and on behalf of its shareholders, parent
corporations, subsidiaries, divisions, Affiliates, officers, directors,
principals, employees, attorneys, agents, designees, representatives,
successors, predecessors and assigns, hereby agrees to irrevocably release and
forever discharge Verizon and its shareholders, and their respective parent
corporations, subsidiaries, divisions, Affiliates, officers, directors,
principals, employees, attorneys, agents, designees, representatives, successors,
predecessors and assigns, from any and all claims, demands, bills,
controversies, obligations, costs (including reasonable costs and attorneys fees), and causes of
action of any nature whatsoever in any way arising from or under, or relating
to the Transition Services Agreement, the Distribution Agreement, and each of
the Intellectual Property Agreements, whether past, present or future, known or
unknown, asserted or not asserted in law or equity; provided that the foregoing
release shall not limit FairPoints ability to assert claims (i) pursuant
to Article VIII, Section 7.7 (it being understood and agreed that Section 7.7
does not impose any independent obligation to transfer assets) and Section 7.6
of the Distribution Agreement on the terms set forth therein, but only, as to Section 7.6,
with respect to any claimed failure to deliver any tangible assets (including
Telephone Plant), Owned Real Property or Real Property Interests that should
have been included among the Spinco Assets or (ii) pursuant to Article VIII
of the Distribution Agreement with respect to the matters set forth therein or (iii) pursuant
to Article XVIII and Section 16.2 of the Transition Services
Agreement or (iv) Verizons obligations under the Transition Services
Agreement to complete Cutover or (v) to continue to process Healthcare
Benefits claims incurred during the Healthcare Transition Services Period, as
provided in the Healthcare Implementation Section at the end of Schedule C
of the Transition Services Agreement, which Healthcare Implementation Section was
added by Section 4 of Amendment No. 1 to the Transition Services
Agreement, dated as of March 31, 2008, and which processing commitment is
described at the end of the paragraph at the top of page 9 of such
Amendment No. 1; provided that in no event shall such obligation to
process Healthcare Benefits claims extend beyond April 30, 2009 (or a
later date if provided for under the healthcare plans of Supplier).  7.             The parties further declare that
the terms of this Agreement have been completely read and are fully understood,
and the Transition Agreement is executed and entered into voluntarily by the
parties for the purpose of making a full and final compromise, adjustment, and
settlement referenced herein.  8.             Each party represents and warrants
that it has the authority to execute, deliver and perform this Transition
Agreement and that the performance of this agreement shall not conflict with
any Law or Contract.  9.             Each party agrees that, except to the extent required to
comply with the requirements of applicable law or the rules and
regulations of any national securities exchange upon which the securities of
one of the parties (or its parent) is listed, no press  3


release, similar public
announcement, or public disclosure with respect to this Transition Agreement
will be published or made unless, to the extent practicable, each of the other
parties has been previously consulted with respect thereto and specifically
approved such disclosure in advance and in writing.  Such approval will not be unreasonably
withheld.  10.           This
Transition Agreement may be executed in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument.  11.           This
Transition Agreement and the Amended POP Agreement supersede any and all prior
oral or written agreements respecting the specific matters between the parties
referenced herein or therein and set forth the entire agreement among the
parties with respect to the specific subject matter hereof and thereof.  12.           This
Transition Agreement shall be governed by and construed in accordance with the
laws of the State of New York (except that no effect shall be given to any
conflicts of law principles of the State of New York that would require the
application of the laws of any other jurisdiction).  The parties irrevocably submit to the
exclusive jurisdiction of any New York State Court or any Federal Court located
in the borough of Manhattan in the City of New York for purposes of any suit,
action or other proceeding to enforce the provisions of this agreement.  THE PARTIES IRREVOCABLY AND UNCONDITIONALLY
WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING ARISING FROM OR RELATING
TO THIS AGREEMENT.  4


IN WITNESS
WHEREOF, the parties, acting through their duly authorized representatives,
have caused this Agreement to be duly executed and delivered as of the date
first above written.  VERIZON
  COMMUNICATIONS INC.By:Name: Stephen E. SmithTitle: Authorized
  RepresentativeVERIZON
  NEW ENGLAND INC.By:Name:
  Stephen E. SmithTitle:
  Authorized RepresentativeVERIZON
  INFORMATION TECHNOLOGIES LLCBy:Name: Stephen E. SmithTitle: Authorized RepresentativeFAIRPOINT
  COMMUNICATIONS, INC.By:
  /s/ Shirley J. LinnName: Shirley J. LinnTitle:Executive Vice President  5


NORTHERN NEW ENGLAND
  TELEPHONE OPERATIONS LLCBy:
  /s/ Shirley J. LinnName: Shirley J. LinnTitle:   Executive Vice President  6


ENHANCED COMMUNICATIONS OF
  NORTHERN NEW ENGLAND INC.By:
  /s/ Shirley J. LinnName: Shirley J. LinnTitle:   Executive Vice PresidentTELEPHONE
  OPERATING COMPANY
  OF VERMONT LLCBy:
  /s/ Shirley J. LinnName: Shirley J. LinnTitle:   Executive Vice President  7