EXHIBIT 10.3



EXECUTION COPY



FIRST LIEN GUARANTY



FIRST LIEN GUARANTY, dated as of June 29, 2005, by
Knology, Inc. (the Borrower) and each of the entities listed on the signature pages hereof or that becomes a party hereto pursuant to Section 24 (Additional Guarantors) hereof (each a Subsidiary Guarantor
and, together with the Borrower, collectively, the Guarantors and individually a Guarantor), in favor of the Administrative Agent, the Collateral Agent, each Lender, each Issuer and each other holder of an
Obligation (as each such term is defined in the Credit Agreement referred to below) (each, a Guarantied Party and, collectively, the Guarantied Parties).



W I T N E
S S E T H



WHEREAS, pursuant to the First Lien Credit Agreement dated as of June 29, 2005 (together with all appendices, exhibits and schedules thereto and as the same may be amended, restated, supplemented or
otherwise modified from time to time, the Credit Agreement; capitalized terms defined therein and used herein having the meanings given to them in the Credit Agreement) among the Borrower, the Lenders and Issuers party thereto and
Credit Suisse, acting through one or more of its branches, as Administrative Agent and Collateral Agent for the Lenders and Issuers named therein, the Lenders and Issuers have severally agreed to make extensions of credit to the Borrower upon the
terms and subject to the conditions set forth therein;



WHEREAS, each Subsidiary Guarantor is a direct or indirect Subsidiary of the Borrower;



WHEREAS, each Guarantor will receive substantial direct and indirect benefits from the making of the Loans, the issuance of the Letters of
Credit and the granting of the other financial accommodations to the Borrower under the Credit Agreement; and



WHEREAS, a condition precedent to the obligation of the Lenders and the Issuers to make their respective extensions of credit to the
Borrower under the Credit Agreement is that the Guarantors shall have executed and delivered this Guaranty for the benefit of the Guarantied Parties;



NOW, THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein, and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:



Section 1 Guaranty



(a) To induce the Lenders to make the Loans and the Issuers to issue Letters of Credit, each Guarantor hereby absolutely, unconditionally and irrevocably
guarantees, jointly with the other Guarantors and severally, as primary obligor and not merely as surety, the full and punctual payment when due and in the currency due, whether at stated maturity or earlier, by reason of acceleration, mandatory
prepayment or otherwise in accordance herewith or any other Loan Document, of all the Obligations, whether or not from time to time reduced or extinguished or hereafter increased or incurred, whether or not recovery may be or hereafter may become
barred by any statute of limitations, whether or not enforceable as against the Borrower, whether now or hereafter existing, and whether due or to become due, including principal, interest (including interest at the contract rate applicable upon
default accrued or accruing after the commencement of any proceeding under the Bankruptcy Code, or any applicable provisions of comparable state or foreign law, whether or not such interest is an allowed claim in such proceeding), fees and costs of
collection. This Guaranty constitutes a guaranty of payment and not of collection.



---

GUARANTY

KNOLOGY, INC.



(b) Each Guarantor further agrees that, if (i) any payment made by Borrower or any other Person and applied to the Obligations is at any time annulled, avoided, set aside, rescinded, invalidated, declared to be
fraudulent or preferential or otherwise required to be refunded or repaid, or (ii) the proceeds of Collateral are required to be returned by any Guarantied Party to the Borrower, its estate, trustee, receiver or any other party, including any
Guarantor, under any bankruptcy law, equitable cause or any other Requirement of Law, then, to the extent of such payment or repayment, any such Guarantors liability hereunder (and any Lien or other Collateral securing such liability) shall be
and remain in full force and effect, as fully as if such payment had never been made. If, prior to any of the foregoing, this Guaranty shall have been cancelled or surrendered (and if any Lien or other Collateral securing such Guarantors
liability hereunder shall have been released or terminated by virtue of such cancellation or surrender), this Guaranty (and such Lien or other Collateral) shall be reinstated in full force and effect, and such prior cancellation or surrender shall
not diminish, release, discharge, impair or otherwise affect the obligations of any such Guarantor in respect of the amount of such payment (or any Lien or other Collateral securing such obligation).



Section 2 Limitation of Guaranty



Any term or provision of this Guaranty or any other Loan Document to the
contrary notwithstanding, the maximum aggregate amount of the Obligations for which any Subsidiary Guarantor shall be liable shall not exceed the maximum amount for which such Subsidiary Guarantor can be liable without rendering this Guaranty or any
other Loan Document, as it relates to such Subsidiary Guarantor, subject to avoidance under applicable law relating to fraudulent conveyance or fraudulent transfer (including Section 548 of the Bankruptcy Code or any applicable provisions of
comparable state law) (collectively, Fraudulent Transfer Laws), in each case after giving effect (a) to all other liabilities of such Subsidiary Guarantor, contingent or otherwise, that are relevant under such Fraudulent Transfer
Laws (specifically excluding, however, any liabilities of such Subsidiary Guarantor in respect of intercompany Indebtedness to the Borrower to the extent that such Indebtedness would be discharged in an amount equal to the amount paid by such
Subsidiary Guarantor hereunder) and (b) to the value as assets of such Subsidiary Guarantor (as determined under the applicable provisions of such Fraudulent Transfer Laws) of any rights to subrogation, contribution, reimbursement, indemnity or
similar rights held by such Subsidiary Guarantor pursuant to (i) applicable Requirements of Law, (ii) Section 3(Contribution) of this Guaranty or (iii) any other Contractual Obligations providing for an equitable allocation among such
Subsidiary Guarantor and other Subsidiaries or Affiliates of the Borrower of obligations arising under this Guaranty or other guaranties of the Obligations by such parties.



Section 3 Contribution



To the extent that any Subsidiary Guarantor shall be required hereunder to pay a portion of the Obligations exceeding the
greater of (a) the amount of the economic benefit actually received by such Subsidiary Guarantor from the Revolving Loans and the Term Loans and the other financial accommodations provided to the Borrower under the Loan Documents and (b) the amount
such Subsidiary Guarantor would otherwise have paid if such Subsidiary Guarantor had paid the aggregate amount of the Obligations (excluding the amount thereof repaid



2



---

GUARANTY

KNOLOGY,
INC.



by the Borrower) in the same proportion as such Subsidiary
Guarantors net worth at the date enforcement is sought hereunder bears to the aggregate net worth of all the Subsidiary Guarantors at the date enforcement is sought hereunder, then such Guarantor shall be reimbursed by such other Subsidiary
Guarantors for the amount of such excess, pro rata, based on the respective net worths of such other Subsidiary Guarantors at the date enforcement hereunder is sought.



Section 4 Authorization; Other Agreements



The Guarantied Parties are hereby authorized, without notice to, or demand upon, any Guarantor, which notice and demand
requirements each are expressly waived hereby, and without discharging or otherwise affecting the obligations of such Guarantor hereunder (which obligations shall remain absolute and unconditional notwithstanding any such action or omission to act),
from time to time, to do each of the following:



(a)
supplement, renew, extend, accelerate or otherwise change the time for payment of, or other terms relating to, the Obligations, or any part of them, or otherwise modify, amend or change the terms of any promissory note or other agreement, document
or instrument (including the other Loan Documents) now or hereafter executed by the Borrower and delivered to the Guarantied Parties or any of them, including any increase or decrease of principal or the rate of interest thereon;



(b) waive or otherwise consent to noncompliance with any provision of any
instrument evidencing the Obligations, or any part thereof, or any other instrument or agreement in respect of the Obligations (including the other Loan Documents) now or hereafter executed by the Borrower and delivered to the Guarantied Parties or
any of them;



(c) accept partial payments on the Obligations;



(d) receive, take and hold additional security or collateral
for the payment of the Obligations or any part of them and exchange, enforce, waive, substitute, liquidate, terminate, abandon, fail to perfect, subordinate, transfer, otherwise alter and release any such additional security or collateral;



(e) settle, release, compromise, collect or otherwise
liquidate the Obligations or accept, substitute, release, exchange or otherwise alter, affect or impair any security or collateral for the Obligations or any part of them or any other guaranty therefor, in any manner;



(f) add, release or substitute any one or more other guarantors, makers or
endorsers of the Obligations or any part of them and otherwise deal with the Borrower or any other guarantor, maker or endorser;



(g) apply to the Obligations any payment or recovery (x) from the Borrower, from any other guarantor, maker or endorser of the Obligations or any part of
them or (y) from any Guarantor in such order as provided herein, in each case whether such Obligations are secured or unsecured or guaranteed or not guaranteed by others;



(h) apply to the Obligations any payment or recovery from any Guarantor of the Obligations or any sum realized from security
furnished by such Guarantor upon its indebtedness or obligations to the Guarantied Parties or any of them, in each case whether or not such indebtedness or obligations relate to the Obligations; and



3



---

GUARANTY

KNOLOGY, INC.



(i) refund at any time any payment received by any Guarantied Party in respect of any Obligation, and payment to such Guarantied Party of the amount so refunded shall be fully guaranteed hereby even though prior
thereto this Guaranty shall have been cancelled or surrendered (or any release or termination of any Collateral by virtue thereof), and such prior cancellation or surrender shall not diminish, release, discharge, impair or otherwise affect the
obligations of any Guarantor hereunder in respect of the amount so refunded (and any Collateral so released or terminated shall be reinstated with respect to such obligations);



even if any right of reimbursement or subrogation or other right or remedy of any Guarantor is extinguished, affected or impaired by any of
the foregoing (including any election of remedies by reason of any judicial, non-judicial or other proceeding in respect of the Obligations that impairs any subrogation, reimbursement or other right of such Guarantor).



Section 5 Guaranty Absolute and Unconditional



Each Guarantor hereby waives any defense of a surety or guarantor or any
other obligor on any obligations arising in connection with or in respect of any of the following and hereby agrees that its obligations under this Guaranty are absolute and unconditional and shall not be discharged or otherwise affected as a result
of any of the following:



(a) the invalidity or
unenforceability of any of the Borrowers obligations under the Credit Agreement or any other Loan Document or any other agreement or instrument relating thereto, or any security for, or other guaranty of the Obligations or any part of them, or
the lack of perfection or continuing perfection or failure of priority of any security for the Obligations or any part of them;



(b) the absence of any attempt to collect the Obligations or any part of them from the Borrower or other action to enforce the same;



(c) failure by any Guarantied Party to take any steps to perfect and maintain
any Lien on, or to preserve any rights to, any Collateral;



(d)
any Guarantied Partys election, in any proceeding instituted under chapter 11 of the Bankruptcy Code, of the application of Section 1111(b)(2) of the Bankruptcy Code or any applicable provisions of comparable state or foreign law;



(e) any borrowing or grant of a Lien by the Borrower, as
debtor-in-possession, or extension of credit, under Section 364 of the Bankruptcy Code or any applicable provisions of comparable state or foreign law;



(f) the disallowance, under Section 502 of the Bankruptcy Code, of all or any portion of any Guarantied Partys claim (or claims) for repayment of
the Obligations;



(g) any use of cash collateral under Section
363 of the Bankruptcy Code;



(h) any agreement or stipulation
as to the provision of adequate protection in any bankruptcy proceeding;



(i) the avoidance of any Lien in favor of the Guarantied Parties or any of them for any reason;



4



---

GUARANTY

KNOLOGY, INC.



(j) any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, liquidation or dissolution proceeding commenced by or against the Borrower, any Guarantor or any of the Borrowers other
Subsidiaries, including any discharge of, or bar or stay against collecting, any Obligation (or any part of them or interest thereon) in or as a result of any such proceeding;



(k) failure by any Guarantied Party to file or enforce a claim against the Borrower or its estate in any bankruptcy or
insolvency case or proceeding;



(l) any action taken by any
Guarantied Party if such action is authorized hereby;



(m) any
election following the occurrence of an Event of Default by any Guarantied Party to proceed separately against the personal property Collateral in accordance with such Guarantied Partys rights under the UCC or, if the Collateral consists of
both personal and real property, to proceed against such personal and real property in accordance with such Guarantied Partys rights with respect to such real property; or



(n) any other circumstance that might otherwise constitute a legal or equitable discharge or defense of a surety or
guarantor or any other obligor on any obligations, other than the payment in full of the Obligations.



Section 6 Waivers



Each Guarantor hereby waives diligence, promptness, presentment, demand for payment or performance and protest and notice of protest, notice of acceptance
and any other notice in respect of the Obligations or any part of them, and any defense arising by reason of any disability or other defense of the Borrower. Each Guarantor shall not, until the Obligations are irrevocably paid in full and the
Revolving Credit Commitments have been terminated, assert any claim or counterclaim it may have against the Borrower or set off any of its obligations to the Borrower against any obligations of the Borrower to it. In connection with the foregoing,
each Guarantor covenants that its obligations hereunder shall not be discharged, except by complete performance.



Section 7 Reliance



Each Guarantor hereby assumes responsibility for keeping itself informed of the financial condition of the Borrower and any endorser and other guarantor
of all or any part of the Obligations, and of all other circumstances bearing upon the risk of nonpayment of the Obligations, or any part thereof, that diligent inquiry would reveal, and each Guarantor hereby agrees that no Guarantied Party shall
have any duty to advise any Guarantor of information known to it regarding such condition or any such circumstances. In the event any Guarantied Party, in its sole discretion, undertakes at any time or from time to time to provide any such
information to any Guarantor, such Guarantied Party shall be under no obligation (a) to undertake any investigation not a part of its regular business routine, (b) to disclose any information that such Guarantied Party, pursuant to accepted or
reasonable commercial finance or banking practices, wishes to maintain confidential or (c) to make any other or future disclosures of such information or any other information to any Guarantor.



5



---

GUARANTY

KNOLOGY, INC.



Section 8 Waiver of Subrogation and Contribution Rights



The Guarantors hereby waive any right of subrogation to any of the rights of the Guarantied Parties or any part of them against the Borrower or any
Guarantor or any right of reimbursement or contribution or similar right against the Borrower or any Guarantor by reason of this Agreement or by any payment made by any Guarantor in respect of the Obligations.



Section 9 Subordination



Each Guarantor hereby agrees that any Indebtedness of the Borrower now or
hereafter owing to any Guarantor, whether heretofore, now or hereafter created (the Guarantor Subordinated Debt), is hereby subordinated to all of the Obligations and that, except as permitted under Section 8.5(Restricted Payments) of the Credit Agreement, the Guarantor Subordinated Debt shall not be paid in whole or in part until the Obligations have been paid in full and this Guaranty is terminated and of no further force or effect. No Guarantor
shall accept any payment of or on account of any Guarantor Subordinated Debt at any time in contravention of the foregoing. Upon the occurrence and during the continuance of an Event of Default, the Borrower shall pay to the Administrative Agent any
payment of all or any part of the Guarantor Subordinated Debt and any amount so paid to the Administrative Agent shall be applied to payment of the Obligations as provided in Section 2.13(f)(Payments and Computations) of the Credit
Agreement. Each payment on the Guarantor Subordinated Debt received in violation of any of the provisions hereof shall be deemed to have been received by such Guarantor as trustee for the Guarantied Parties and shall be paid over to the
Administrative Agent immediately on account of the Obligations, but without otherwise affecting in any manner such Guarantors liability hereof. Each Guarantor agrees to file all claims against the Borrower in any bankruptcy or other proceeding
in which the filing of claims is required by law in respect of any Guarantor Subordinated Debt, and the Administrative Agent shall be entitled to all of such Guarantors rights thereunder. If for any reason a Guarantor fails to file such claim
at least ten Business Days prior to the last date on which such claim should be filed, such Guarantor hereby irrevocably appoints the Administrative Agent as its true and lawful attorney-in-fact and is hereby authorized to act as attorney-in-fact in
such Guarantors name to file such claim or, in the Administrative Agents discretion, to assign such claim to and cause proof of claim to be filed in the name of the Administrative Agent or its nominee. In all such cases, whether in
administration, bankruptcy or otherwise, the person or persons authorized to pay such claim shall pay to the Administrative Agent the full amount payable on the claim in the proceeding, and, to the full extent necessary for that purpose, each
Guarantor hereby assigns to the Administrative Agent all of such Guarantors rights to any payments or distributions to which such Guarantor otherwise would be entitled. If the amount so paid is greater than such Guarantors liability
hereunder, the Administrative Agent shall pay the excess amount to the party entitled thereto. In addition, each Guarantor hereby irrevocably appoints the Administrative Agent as its attorney-in-fact to exercise all of such Guarantors voting
rights in connection with any bankruptcy proceeding or any plan for the reorganization of the Borrower.



Section 10 Default; Remedies



The obligations of each Guarantor hereunder are independent of and separate from the Obligations. If any Obligation is not paid when due, or upon any
Event of Default hereunder or upon any default by the Borrower as provided in any other instrument or document evidencing all or any part of the Obligations, the Administrative Agent may, at its sole election, proceed or direct the Collateral Agent
to proceed directly and at once, without notice, against any



6



---

GUARANTY

KNOLOGY,
INC.



Guarantor to collect and recover the full amount or any
portion of the Obligations then due, without first proceeding against the Borrower or any other guarantor of the Obligations, or against any Collateral under the Loan Documents or joining the Borrower or any other guarantor in any proceeding against
any Guarantor. At any time after maturity of the Obligations, the Administrative Agent or the Collateral Agent may (unless the Obligations have been irrevocably paid in full), without notice to any Guarantor and regardless of the acceptance of any
Collateral for the payment hereof, appropriate and apply toward the payment of the Obligations (a) any indebtedness due or to become due from any Guarantied Party to such Guarantor and (b) any moneys, credits or other property belonging to such
Guarantor at any time held by or coming into the possession of any Guarantied Party or any of its respective Affiliates.



Section 11 Irrevocability



This Guaranty shall be irrevocable as to the Obligations (or any part thereof) until the Commitments have been terminated and all monetary Obligations
then outstanding have been irrevocably repaid in cash, at which time this Guaranty shall automatically be cancelled. Upon such cancellation and at the written request of any Guarantor or its successors or assigns, and at the cost and expense of such
Guarantor or its successors or assigns, the Administrative Agent shall execute in a timely manner a satisfaction of this Guaranty and such instruments, documents or agreements as are necessary or desirable to evidence the termination of this
Guaranty.



Section 12 Setoff



Upon the occurrence and during the continuance of an Event of Default, each
Guarantied Party and each Affiliate of a Guarantied Party may, without notice to any Guarantor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of all or any part of the
Obligations (a) any indebtedness due or to become due from such Guarantied Party or Affiliate to such Guarantor and (b) any moneys, credits or other property belonging to such Guarantor, at any time held by, or coming into, the possession of such
Guarantied Party or Affiliate.



Section 13 No Marshalling



Each Guarantor consents and agrees that no Guarantied
Party or Person acting for or on behalf of any Guarantied Party shall be under any obligation to marshal any assets in favor of any Guarantor or against or in payment of any or all of the Obligations.



Section 14 Enforcement; Amendments; Waivers



No delay on the part of any Guarantied Party in the exercise of any right or
remedy arising under this Guaranty, the Credit Agreement, the Intercreditor Agreement, any other Loan Document or otherwise with respect to all or any part of the Obligations, the Collateral or any other guaranty of or security for all or any part
of the Obligations shall operate as a waiver thereof, and no single or partial exercise by any such Person of any such right or remedy shall preclude any further exercise thereof. No modification or waiver of any provision of this Guaranty shall be
binding upon any Guarantied Party, except as expressly set forth in a writing duly signed and delivered by the party making such modification or waiver. Failure by any Guarantied Party at any time or times hereafter to require strict performance by
the Borrower, any Guarantor, any other guarantor of all or any part of the Obligations or any other Person of any



7



---

GUARANTY

KNOLOGY,
INC.



provision, warranty, term or condition contained in any
Loan Document now or at any time hereafter executed by any such Persons and delivered to any Guarantied Party shall not waive, affect or diminish any right of any Guarantied Party at any time or times hereafter to demand strict performance thereof
and such right shall not be deemed to have been waived by any act or knowledge of any Guarantied Party, or its respective agents, officers or employees, unless such waiver is contained in an instrument in writing, directed and delivered to the
Borrower or such Guarantor, as applicable, specifying such waiver, and is signed by the party or parties necessary to give such waiver under the Credit Agreement. No waiver of any Event of Default by any Guarantied Party shall operate as a waiver of
any other Event of Default or the same Event of Default on a future occasion, and no action by any Guarantied Party permitted hereunder shall in any way affect or impair any Guarantied Partys rights and remedies or the obligations of any
Guarantor under this Guaranty. Any determination by a court of competent jurisdiction of the amount of any principal or interest owing by the Borrower to a Guarantied Party shall be conclusive and binding on each Guarantor irrespective of whether
such Guarantor was a party to the suit or action in which such determination was made.



Section 15 Successors and Assigns



This Guaranty shall be binding upon each Guarantor and upon the successors and assigns of such Guarantors and shall inure to the benefit of the Guarantied Parties and their respective successors and assigns; all
references herein to the Borrower and to the Guarantors shall be deemed to include their respective successors and assigns. The successors and assigns of the Guarantors and the Borrower shall include their respective receivers, trustees and
debtors-in-possession. All references to the singular shall be deemed to include the plural where the context so requires.



Section 16 Representations and Warranties; Covenants



Each Guarantor hereby (a) severally represents and warrants as to itself only that the representations and warranties as to
it made by the Borrower in Article IV (Representations and Warranties) of the Credit Agreement are true and correct on the date hereof and true and correct in all material respects on each other date as required by Section 3.2(b)(i)
(Conditions Precedent to Each Loan and Letter of Credit) of the Credit Agreement and (b) agrees to take, or refrain from taking, as the case may be, each action necessary to be taken or not taken, as the case may be, so that no Default or Event
of Default is caused by the failure to take such action or to refrain from taking such action by such Guarantor.



Section 17 Governing Law



This Guaranty and the rights and obligations of the parties hereto shall be governed by, and construed and interpreted in accordance with, the law of the
State of New York.



Section 18 Submission to
Jurisdiction; Service of Process



(a) Any legal action
or proceeding with respect to this Guaranty, and any other Loan Document, may be brought in the courts of the State of New York located in the City of New York or of the United States of America for the Southern District of New York, and, by
execution and delivery of this Guaranty, each Guarantor hereby accepts for itself and in respect of its property, generally and unconditionally, the jurisdiction of the aforesaid courts. The parties hereto hereby irrevocably waive any objection,
including any objection to the laying of venue or based on the grounds of forumnonconveniens, that any of them may now or hereafter have to the bringing of any such action or proceeding in such respective jurisdictions.



8



---

GUARANTY

KNOLOGY, INC.



(b) Each Guarantor hereby irrevocably consents to the service of any and all legal process, summons, notices and documents in any suit, action or proceeding brought in the United States of America arising out of or in
connection with this Guaranty or any other Loan Document by the mailing (by registered or certified mail, postage prepaid) or delivering of a copy of such process to such Guarantor care of the Borrower at the Borrowers address specified in
Section 11.8(Notices, Etc.) of the Credit Agreement. Each Guarantor agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by law.



(c) Nothing contained in this
Section 18 (Submission to Jurisdiction; Service of Process) shall affect the right of the Administrative Agent or any other Guarantied Party to serve process in any other manner permitted by law or commence legal proceedings or otherwise
proceed against a Guarantor in any other jurisdiction.



(d) If
for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder in Dollars into another currency, the parties hereto agree, to the fullest extent they may effectively do so, that the rate of exchange used shall be
that at which in accordance with normal banking procedures the Administrative Agent could purchase Dollars with such other currency at the spot rate of exchange quoted by the Administrative Agent at 10:00 a.m. (New York time) on the Business Day
preceding that on which final judgment is given, for the purchase of Dollars, for delivery two Business Days thereafter.



Section 19 Waiver of Judicial Bond



To the fullest extent permitted by applicable law, the Guarantor waives the requirement to post any bond that otherwise may be required of any Guarantied
Party in connection with any judicial proceeding to enforce such Guarantied Partys rights to payment hereunder, security interest in or other rights to the Collateral or in connection with any other legal or equitable action or proceeding
arising out of, in connection with, or related to this Guaranty and the Loan Documents to which it is a party.



Section 20 Certain Terms



The following rules of interpretation shall apply to this Guaranty: (a) the terms herein, hereof,
hereto and hereunder and similar terms refer to this Guaranty as a whole and not to any particular Article, Section, subsection or clause in this Guaranty, (b) unless otherwise indicated, references herein to an
Exhibit, Article, Section, subsection or clause refer to the appropriate Exhibit to, or Article, Section, subsection or clause in this Guaranty and (c) the term including means including without limitation
except when used in the computation of time periods.



Section 21 Waiver of Jury Trial



EACH OF THE ADMINISTRATIVE AGENT, THE OTHER GUARANTIED PARTIES AND EACH
GUARANTOR IRREVOCABLY WAIVES TRIAL BY JURY IN ANY ACTION OR PROCEEDING
WITH RESPECT TO THIS GUARANTY AND ANY OTHER LOAN DOCUMENT.



9



---

GUARANTY

KNOLOGY, INC.



Section 22 Notices



Any notice or other communication herein required or permitted shall be given as provided in Section 11.8 (Notices, Etc.)of the Credit Agreement and, in the case of any Guarantor, to such Guarantor in care of the Borrower.



Section 23 Severability



Wherever possible, each provision of this Guaranty shall be interpreted in
such manner as to be effective and valid under applicable law, but if any provision of this Guaranty shall be prohibited by or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity without
invalidating the remainder of such provision or the remaining provisions of this Guaranty.



Section 24 Additional Guarantors



Each of the Guarantors agrees that, if, pursuant to Section 7.11(a) (Additional Collateral and Guaranties)of the Credit Agreement, the Borrower shall be required to cause any Subsidiary thereof that is not a
Guarantor to become a Guarantor hereunder, or if for any reason the Borrower desires any such Subsidiary to become a Guarantor hereunder, such Subsidiary shall execute and deliver to the Administrative Agent a Guaranty Supplement in substantially
the form of Exhibit A (Guaranty Supplement)attached hereto and shall thereafter for all purposes be a party hereto and have the same rights, benefits and obligations as a Guarantor party hereto on the Closing Date.



Section 25 Collateral



Each Guarantor hereby acknowledges and agrees that its obligations under
this Guaranty are secured pursuant to the terms and provisions of the Collateral Documents executed by it in favor of the Collateral Agent, for the benefit of the Secured Parties, and covenants that it shall not grant any Lien with respect to its
Property in favor, or for the benefit, of any Person other than the Administrative Agent, for the benefit of the Secured Parties except as otherwise permitted by Section 8.2 (Liens, etc.) of the Credit Agreement.



Section 26 Costs and Expenses



In accordance with the provisions ofSection 11.3 (Costs and
Expenses) of the Credit Agreement, each Guarantor agrees to pay or reimburse the Collateral Agent, the Collateral Agent and each of the other Guarantied Parties upon demand for all out-of-pocket costs and expenses, including reasonable
attorneys fees (including allocated costs of internal counsel and costs of settlement), incurred by the Administrative Agent, the Collateral Agent and such other Guarantied Parties in enforcing this Guaranty against such Guarantor or any
security therefor or exercising or enforcing any other right or remedy available in connection herewith or therewith.



Section 27 Waiver of Consequential Damages



EACH GUARANTOR HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT IT
MAY HAVE TO CLAIM OR RECOVER ANY SPECIAL, EXEMPLARY, PUNITIVE OR
CONSEQUENTIAL DAMAGE IN ANY LEGAL ACTION OR PROCEEDING IN RESPECT OF
THIS GUARANTY OR ANY OTHER LOAN DOCUMENT.



10



---

GUARANTY

KNOLOGY, INC.



Section 28 Entire Agreement



This Guaranty, taken together with all of the other Loan Documents executed and delivered by the Guarantors, represents the entire agreement and understanding of the parties hereto and supersedes all prior
understandings, written and oral, relating to the subject matter hereof.



Section 29 Acknowledgment



The parties hereto acknowledge and agree that this Guaranty shall be subject to the terms and provisions of the Intercreditor Agreement.



[SIGNATURE PAGES FOLLOW]



11



---

IN WITNESS WHEREOF, this Guaranty has been duly executed by
the Guarantors as of the day and year first set forth above.



KNOLOGY OF KNOXVILLE, INC.KNOLOGY OF NASHVILLE, INC.KNOLOGY OF LOUISVILLE, INC.KNOLOGY OF KENTUCKY, INC.KNOLOGY BROADBAND, INC.KNOLOGY NEW MEDIA, INC.KNOLOGY BROADBAND OF CALIFORNIA,
INC.KNOLOGY BROADBAND OF FLORIDA, INC.ITC GLOBE, INC.KNOLOGY OF AUGUSTA, INC.KNOLOGY OF COLUMBUS, INC.KNOLOGY OF MONTGOMERY, INC.KNOLOGY OF FLORIDA, INC.KNOLOGY OF SOUTH CAROLINA, INC.KNOLOGY OF CHARLESTON, INC.KNOLOGY OF HUNTSVILLE, INC.KNOLOGY OF ALABAMA, INC.VALLEY TELEPHONE CO. LLC,each as GuarantorBy:Name:Title:




|                                                                                      |  | 
|------------------------------------------------------------------------------------- |  | 
|ACKNOWLEDGED AND AGREED as of the date first above written:                          
|CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Administrative Agent and as Collateral Agent
|                                                                                      | 
|By:                                                                                   |  | 
|Name:                                                                                
|Title:                                                                               
|                                                                                      | 
|By:                                                                                   |  | 
|Name:                                                                                
|Title:                                                                               



[SIGNATURE PAGE TO 1ST LIEN GUARANTY]



---

GUARANTY

KNOLOGY INC.



The undersigned hereby agrees to be bound as a Guarantor for purposes of the Guaranty, dated as of  ,
200 (the Guaranty), among Credit Suisse, Knology, Inc. and certain of its Subsidiaries listed on the signature pages thereof and acknowledged by Credit Suisse, as Administrative Agent, and the undersigned hereby
acknowledges receipt of a copy of the Guaranty. The undersigned hereby represents and warrants that each of the representations and warranties contained in Section 16 (Representations and Warranties; Covenants)of the Guaranty applicable to
it is true and correct on and as the date hereof as if made on and as of such date. Capitalized terms used herein but not defined herein are used with the meanings given them in the Guaranty.



IN WITNESS WHEREOF, the
undersigned has caused this Guaranty Supplement to be duly executed and delivered as of , .



[NAME OF SUBSIDIARY GUARANTOR]By:Name:Title:




|                                                                                                           |  | 
|---------------------------------------------------------------------------------------------------------- |  | 
|ACKNOWLEDGED AND AGREED as of the date first above written:                                               
|                                                                                                          
|CREDIT SUISSE, acting through one or more of its branches, as Administrative Agent and as Collateral Agent
|                                                                                                           | 
|By:                                                                                                        |  | 
|Name:                                                                                                      |  | 
|Title:                                                                                                     |  | 



[SIGNATURE PAGE TO GUARANTY OF KNOLOGY INC.S CREDIT AGREEMENT]