# EDGAR Filing Document

**Accession Number:** 0000020520
**File Stem:** 0001140361-26-001612
**Filing Date:** 2026-1
**Character Count:** 205921
**Document Hash:** 4981256fc3f2d32439c4d77daecb0ea5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-001612.hdr.sgml**: 20260120

**ACCESSION NUMBER**: 0001140361-26-001612

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 18

**CONFORMED PERIOD OF REPORT**: 20260116

**ITEM INFORMATION**: Termination of a Material Definitive Agreement

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

**ITEM INFORMATION**: Material Modifications to Rights of Security Holders

**ITEM INFORMATION**: Changes in Control of Registrant

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260120

**DATE AS OF CHANGE**: 20260120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Frontier Communications Parent, Inc.
- **CENTRAL INDEX KEY:** 0000020520
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 862359749
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11001
- **FILM NUMBER:** 26541360

**BUSINESS ADDRESS:**
- **STREET 1:** 1919 MCKINNEY AVENUE
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 2036145600

**MAIL ADDRESS:**
- **STREET 1:** 1919 MCKINNEY AVENUE
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRONTIER COMMUNICATIONS CORP
- **DATE OF NAME CHANGE:** 20080730

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CITIZENS COMMUNICATIONS CO
- **DATE OF NAME CHANGE:** 20000619

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CITIZENS UTILITIES CO
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'?

Execution Version

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

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**FORM 8-K**

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#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): January 16, 2026
**Frontier Communications Parent, Inc.**

#### (Exact name of Registrant as Specified in Its Charter)

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| | | |
|:---|:---|:---|
| **Delaware**<br>| **001-11001**<br>| **86-2359749**<br>|
| **(State or Other Jurisdiction**<br> **of Incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

---

| | |
|:---|:---|
| **1919 McKinney Avenue**<br>**Dallas, Texas** | **75201**<br>|
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

#### Registrant's Telephone Number, Including Area Code: (972) 445-0042

#### Not Applicable

#### (Former Name or Former Address, if Changed Since Last Report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

#### Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange**<br> **on which registered** |
| Common Stock, par value $0.01 per share | FYBR | The Nasdaq Stock Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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#### Introductory Note.
As previously disclosed, on September 4, 2024, Frontier Communications Parent, Inc. ("Frontier" or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Verizon Communications Inc., a Delaware corporation ("Parent"), and France Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), which provides for the merger of Merger Sub with and into the Company, with the Company surviving the merger as a wholly owned subsidiary of Parent (the "Merger").

On January 20, 2026 (the "Closing Date"), on the terms and subject to the conditions set forth in the Merger Agreement and pursuant to and in accordance with the applicable provisions of the Delaware General Corporation Law (the "DGCL"), the Merger was consummated. At the effective time of the Merger (the "Effective Time"), the separate corporate existence of Merger Sub ceased, and the Company survived the Merger as a wholly owned subsidiary of Parent.

Item 1.02 Termination of a Material Definitive Agreement.

The information set forth in the Introductory Note is incorporated by reference into this Item 1.02.

On the Closing Date, the Company terminated (i) that certain Amended and Restated Credit Agreement, dated as of April 30, 2021, by and among Frontier Communications Holdings, LLC, a Delaware limited liability company (the "Borrower"), JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, Goldman Sachs Bank USA, as revolver agent, the financial institutions party thereto and the other agents, arrangers and bookrunners identified therein (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Credit Agreement"), and (ii) that certain Loan and Security Agreement, dated as of December 31, 2024, by and among Frontier Tampa Bay FL Fiber 1 LLC, a Delaware limited liability company (the "Warehouse Borrower"), Frontier SPE FL Guarantor LLC, a Delaware limited liability company (the "Warehouse Guarantor"), Citibank, N.A., as collateral agent, Barclays Bank PLC as administrative agent, each of the asset entities from time to time party thereto as guarantors, each of the financial institutions from time to time party thereto as lenders and conduit investors, and the Company, solely with respect to Section 6.12(b) thereof (as amended, restated, supplemented, or otherwise modified from time to time, the "Warehouse Credit Agreement").

In connection with the termination of the Credit Agreement, the Borrower repaid (or caused to be repaid) all of the outstanding obligations, comprising $1,021,481,679.46 in outstanding principal, interest and fees, and terminated all credit commitments outstanding thereunder (the "Credit Agreement Payoff"). In connection with the Credit Agreement Payoff, all obligations of the Borrower and the guarantors under the Credit Agreement and the other agreements related thereto were satisfied in full (other than the appliable obligations that expressly survive the Credit Agreement Payoff) and all security interests and guarantees executed in connection therewith were released. No prepayment premium or early termination penalties were incurred by the Company or any of its subsidiaries in connection with the termination of the Credit Agreement.

In connection with the termination of the Warehouse Credit Agreement, the Warehouse Borrower (or caused to be repaid) repaid all of the outstanding obligations, comprising $1,095,640,197.11 in outstanding principal, interest and fees, and terminated all credit commitments outstanding thereunder (the "Warehouse Credit Agreement Payoff"). In connection with the Warehouse Credit Agreement Payoff, all obligations of the Warehouse Borrower and the Warehouse Guarantor and the other guarantors under the Warehouse Credit Agreement and the other agreements related thereto were satisfied in full (other than the appliable obligations that expressly survive the Warehouse Credit Agreement Payoff) and all security interests and guarantees executed in connection therewith were released. No prepayment premium or early termination penalties were incurred by the Company or any of its subsidiaries in connection with the termination of the Warehouse Credit Agreement.

Item 2.01 Completion of Acquisition or Disposition of Assets.

The information in the Introductory Note of this Current Report on Form 8-K is incorporated by reference into this Item 2.01.

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As described above, at the Effective Time, on the terms and subject to the conditions set forth in the Merger Agreement, (i) Parent completed its previously announced acquisition of the Company, (ii) the Company became a wholly owned subsidiary of Parent and (iii) each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than shares of Company Common Stock that, immediately prior to the Effective Time, were owned by (a) Parent or Merger Sub or (b) the Company) converted into the right to receive an amount in cash equal to $38.50 per share, without interest (the "Merger Consideration").

In addition, at the Effective Time, (i) each outstanding and unvested (x) restricted stock unit that was subject solely to time-based vesting conditions (each, a "Company RSU") and (y) restricted stock unit that was subject to both performance-based and time-based vesting conditions (each, a "Company PSU") that was granted prior to the date of the Merger Agreement and (ii) a pro-rata portion of Company RSUs and Company PSUs granted after the date of the Merger Agreement was vested and canceled and the holder thereof became entitled to receive an amount in cash equal to the number of shares of Company Common Stock underlying such award (in the case of Company PSUs, based on attainment of all applicable performance goals at the actual level of performance measured at the Effective Time) multiplied by the Merger Consideration.

At the Effective Time, a pro-rata portion of the outstanding Company RSUs and Company PSUs granted following the date of the Merger Agreement was converted into a number of unvested restricted stock units of Parent ("Parent RSUs") equal to the number of such Company RSUs and Company PSUs multiplied by an exchange ratio equal to the Merger Consideration divided by the five day volume weighted average price of Parent common stock ending with the second complete trading day immediately prior to the Closing Date. Such conversion of Company PSUs was based on attainment of all applicable performance goals at the actual level of performance measured at the Effective Time.

The Parent RSUs are subject to the same terms and conditions as applied to the Company RSUs and Company PSUs (including time-based vesting conditions but excluding performance-based vesting conditions) prior to the Effective Time.

In accordance with the Merger Agreement, at the Effective Time, the Company's 2021 Management Incentive Plan and 2024 Management Incentive Plan were terminated, and no further awards will be granted thereunder. In addition, at the Effective Time, the Company's Non-Employee Directors Deferred Compensation Plan was terminated; provided that such termination did not affect the Company's obligation to make payment in full to participants therein.

The foregoing description of the Merger Agreement and the transactions contemplated thereby is not complete and is subject to and qualified in its entirety by reference to the Merger Agreement, which was filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the SEC on September 5, 2024, the terms of which are incorporated herein by reference.

Item 3.01 Notice of Delisting or Failure to Satisfy a Continuing Listing Rule or Standard; Transfer of Listing.

The information in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.01.

On January 15, 2026, the Company notified the Nasdaq Global Select Market (together with the Nasdaq Stock Market LLC, "Nasdaq") of the anticipated closing of the Merger on the Closing Date and requested that the trading of the Company Common Stock be suspended and listing of the Company Common Stock on Nasdaq be removed. On the Closing Date, Nasdaq filed with the SEC a Form 25 to report that the Company Common Stock was no longer listed on Nasdaq and to deregister the Company Common Stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The delisting of Company Common Stock from Nasdaq will be effective on January 30, 2026 (10 days after the filing of the Form 25). Following the effectiveness of such Form 25, the Company intends to file with the SEC a Certification and Notification of Termination of Registration on Form 15 requesting the termination of registration of Company Common Stock under Section 12(g) of the Exchange Act and the suspension of the Company's reporting obligations under Sections 13 and 15(d) of the Exchange Act with respect to Company Common Stock. Trading of the Company Common Stock on Nasdaq was halted prior to the opening of trading on the Closing Date.

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#### Item 3.03 Material Modification to Rights of Security Holders.
The information in the Introductory Note, Item 2.01, Item 3.01, Item 5.01 and Item 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03.

Pursuant to the Merger Agreement and in connection with the completion of the Merger, each share of Company Common Stock (other than shares of Company Common Stock that, immediately prior to the Effective time were owned (a) by Parent or Merger Sub or (b) by the Company) was automatically canceled, extinguished and converted into the right to receive the Merger Consideration. Accordingly, at the Effective Time, the holders of such shares of Company Common Stock ceased to have any rights as stockholders of the Company, other than the right to receive the Merger Consideration.

Item 5.01 Changes in Control of Registrant.

The information in the Introductory Note, Item 2.01 and Item 5.02 of this Current Report on Form 8-K is incorporated by reference into this Item 5.01.

As a result of the consummation of the Merger, a change of control of the Company occurred and the Company became a wholly owned subsidiary of Parent.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Arrangements of Certain Officers.

The information in the Introductory Note and in Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02.

Effective upon the consummation of the Merger, each of Kevin L. Beebe, Lisa Chang, Pamela L. Coe, Nick Jeffery, Stephen C. Pusey, Margaret M. Smyth, John G. Stratton, Maryann Turcke, Prat Vemana and George (Woody) Young ceased to be directors of the Company and the directors of Merger Sub immediately prior to the Effective Time became directors of the Company.

In connection with the consummation of the Merger, each of John Stratton, Nick Jeffery, Scott Beasley and Mark Nielsen ceased to be an executive officer of the Company as of the Effective Time.

On January 16, 2026, each of John Stratton, Nick Jeffery, Scott Beasley and Mark Nielsen (the "Departing Executives") delivered a letter of resignation to the Company to notify the Company of his or her decision to resign from the Company, effective upon the consummation of the Merger. The resignations of the Departing Executives will be treated as resignations for Good Reason (as such term is defined in their employment agreements). The Company has agreed to waive any required actions during the cure period in connection with the Departing Executives' resignations for Good Reason. These resignations are by virtue of the consummation of the Merger and are not due to any disagreement with the Company on any matter relating to its operations, policies, or practices. On January 16, 2026, the Company and each of the Departing Executives entered into a separation agreement which modifies certain severance terms under their existing employment agreement to provide that the prorated annual bonus with respect to calendar year 2026 will be paid at target amounts, no later than the first payroll following the effective date of the Release (subject to any delay period required under Section 409A).

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year.

The information in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03.

In connection with the consummation of the Merger, effective on the Closing Date, the certificate of incorporation and the bylaws of the Company were each amended and restated in their entirety. A copy of the Frontier Communications Parent, Inc. Certificate of Incorporation, Second Amended and Restated as of January 20, 2026 and the Frontier Communications Parent, Inc. Bylaws, Second Amended and Restated as of January 20, 2026 are filed herewith as Exhibit 3.1 and 3.2, respectively, and are incorporated herein by reference.

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#### Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

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| | |
|:---|:---|
| <u>Exhibit Number</u> | <u>Description of Exhibit</u> |
| [2.1\*](https://www.sec.gov/Archives/edgar/data/20520/000114036124040148/ef20035469_ex2-1.htm) | Agreement and Plan of Merger, dated as of September 4, 2024, by and among Frontier Communications Parent, Inc., Verizon Communications Inc. and France Merger Sub Inc. (incorporated by reference to Exhibit 2.1 of the Current Report on Form 8-K filed by Frontier Communications Parent, Inc. on September 5, 2024) |
| [3.1](ef20063382_ex3-1.htm) | Frontier Communications Parent, Inc. Certificate of Incorporation, Second Amended and Restated as of January 20, 2026<br>|
| [3.2](ef20063382_ex3-2.htm) | Frontier Communications Parent, Inc. Bylaws, Second Amended and Restated as of January 20, 2026 |
| [5.1](ef20063382_ex5_1.htm) | Separation Agreement between the Company and John Stratton, dated as of January 16, 2026 |
| [5.2](ef20063382_ex5_2.htm) | Separation Agreement between the Company and Nick Jeffery, dated as of January 16, 2026 |
| [5.3](ef20063382_ex5_3.htm) | Separation Agreement between the Company and Scott Beasley, dated as of January 16, 2026 |
| [5.4](ef20063382_ex5_4.htm) | Separation Agreement between the Company and Mark Nielsen, dated as of January 16, 2026 |

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\* Schedules have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The registrant agrees to furnish supplementally to the SEC a copy of any omitted schedule upon request by the SEC.

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | |
|:---|:---|
| Frontier Communications Parent, Inc. | Frontier Communications Parent, Inc. |
| By: | /s/ William L. Horton, Jr. |

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Name: William L. Horton, Jr. <br> Title: Secretary <br>

Date: January 20, 2026

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## Exhibit 3.1

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**Exhibit 3.1**

SECOND AMENDED AND RESTATED

CERTIFICATE OF INCORPORATION

OF

FRONTIER COMMUNICATIONS PARENT, INC.

<u>FIRST</u>: The name of the Corporation is Frontier Communications Parent, Inc.

<u>SECOND</u>: The Corporation's registered office in the State of Delaware is The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, in the City of Wilmington, County of New Castle, State of Delaware, 19801. The name of its registered agent at such address is The Corporation Trust Company.

<u>THIRD</u>: The nature of the business of the Corporation and its purpose is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law of the State of Delaware ("<u>DGCL</u>").

<u>FOURTH</u>: The total number of shares of stock which the Corporation shall have authority to issue is 100 shares of Common Stock, par value $0.01 per share.

<u>FIFTH</u>: The following provisions are inserted for the management of the business and for the conduct of the affairs of the Corporation and for the purpose of creating, defining, limiting and regulating the powers of the Corporation and its directors and stockholders:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The number of directors of the Corporation shall be fixed and may be altered from time to time in the manner provided in the Bylaws of the Corporation (the "<u>Bylaws</u>"), and vacancies in the Board of Directors and newly created directorships resulting from any increase in the authorized number of directors may be filled, and directors may be removed, as provided in the Bylaws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The election of directors may be conducted in any manner approved by the stockholders at the time when the election is held and need not be by written ballot.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All corporate powers and authority of the Corporation (except as at the time otherwise provided by law, by this Second Amended and Restated Certificate of Incorporation or by the Bylaws) shall be vested in and exercised by the Board of Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Board of Directors shall have the power without the assent or vote of the stockholders to adopt, amend, alter or repeal the Bylaws, except to the extent that the Bylaws or this Second Amended and Restated Certificate of Incorporation otherwise provide.

------

<u>SIXTH</u>: To the fullest extent that the DGCL or any other law of the State of Delaware as the same exists or is hereafter amended permits, no person that is or was a director of the Corporation shall be personally liable to the Corporation or any of its stockholders for monetary damages for breach of fiduciary duty as a director. Any amendment, modification or repeal of the foregoing sentence shall, unless otherwise required by law, be prospective only (except to the extent such amendment or change in law permits the Corporation to further limit or eliminate the liability of directors) and shall not adversely affect any right or protection of a director of the Corporation hereunder in respect of any act or omission occurring prior to the time of such amendment, modification or repeal.

To the fullest extent permitted by applicable law, as the same exists or may hereafter be amended, the Corporation shall indemnify and hold harmless each person who is or was made a party or is threatened to be made a party to or is otherwise involved in any threatened, pending or completed action, suit, proceeding, arbitration, alternative dispute resolution procedure, legislative hearing or inquiry, whether civil, criminal, administrative or investigative (a "<u>proceeding</u>") by reason of the fact that he or she is or was a director or officer of the Corporation or, while a director or officer of the Corporation, is or was serving at the request of the Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust, other enterprise or nonprofit entity, including service with respect to an employee benefit plan (an " <u>indemnitee</u>"), whether the basis of such proceeding is alleged action in an official capacity as a director, officer, employee or agent, or in any other capacity while serving as a director, officer, employee or agent, against all liability and loss suffered and expenses (including, without limitation, attorneys' fees, judgments, fines, ERISA excise taxes and penalties and amounts paid in settlement) reasonably incurred by such indemnitee in connection with such proceeding. The Corporation shall to the fullest extent not prohibited by applicable law pay the expenses (including attorneys' fees) incurred by an indemnitee in defending or otherwise participating in any proceeding in advance of its final disposition; *provided****,*** *however****,*** that, to the extent required by applicable law, such payment of expenses in advance of the final disposition of the proceeding shall be made only upon receipt of an undertaking, by or on behalf of the indemnitee, to repay all amounts so advanced if it shall ultimately be determined by final judicial decision from which there is no further right to appeal that the indemnitee is not entitled to be indemnified under this <u>Article Sixth</u> or otherwise. The rights to indemnification and advancement of expenses conferred by this <u>Article</u> <u>Sixth</u> shall be contract rights and such rights shall continue as to an indemnitee who has ceased to be a director, officer, employee or agent and shall inure to the benefit of his or her heirs, executors and administrators. Notwithstanding the foregoing provisions of this second paragraph of <u>Article Sixth</u>, except for proceedings to enforce rights to indemnification and advancement of expenses, the Corporation shall indemnify and advance expenses to an indemnitee in connection with a proceeding (or part thereof) initiated by such indemnitee only if such proceeding (or part thereof) was authorized by the Board of Directors.

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The rights to indemnification and advancement of expenses conferred on any indemnitee by this <u>Article Sixth</u> shall not be exclusive of any other rights that any indemnitee may have or hereafter acquire under law, this Second Amended and Restated Certificate of Incorporation, the Bylaws, an agreement, vote of stockholders or disinterested directors, or otherwise.

Any repeal or amendment of this <u>Article Sixth</u> by the stockholders of the Corporation or by changes in law, or the adoption of any other provision of this Second Amended and Restated Certificate of Incorporation inconsistent with this <u>Article Sixth</u>, shall, unless otherwise required by law, be prospective only (except to the extent such amendment or change in law permits the Corporation to provide broader indemnification rights on a retroactive basis than permitted prior thereto), and shall not in any way diminish or adversely affect any right or protection existing at the time of such repeal or amendment or adoption of such inconsistent provision in respect of any proceeding (regardless of when such proceeding is first threatened, commenced or completed) arising out of, or related to, any act or omission occurring prior to such repeal or amendment or adoption of such inconsistent provision.

This <u>Article Sixth</u> shall not limit the right of the Corporation, to the extent and in the manner authorized or permitted by law, to indemnify and to advance expenses to persons other than indemnitees.

<u>SEVENTH</u>: The Corporation reserves the right to amend or repeal any provision contained in this Second Amended and Restated Certificate of Incorporation in the manner now or hereafter prescribed by the laws of the State of Delaware, and, except as set forth in <u>Article Sixth</u>, all rights herein conferred upon stockholders or directors are granted subject to this reservation.

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## Exhibit 3.2

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#### Exhibit 3.2<br>

<u>Frontier Communications Parent, Inc.</u>

<u>SECOND AMENDED AND RESTATED</u>

<u>BYLAWS</u>

<u>As Adopted on January 20, 2026</u>

------

Frontier Communications Parent, Inc.

<u>SECOND AMENDED AND RESTATED</u>

<u>BYLAWS</u>

 

<br> <u>**Table of Contents**</u>

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| | |
|:---|:---|
| | <u>Page</u> |
| ARTICLE I MEETINGS OF STOCKHOLDERS | 1 |
| Section 1.01. <u>Annual Meetings</u> | 1 |
| Section 1.02. <u>Special Meetings</u> | 1 |
| Section 1.03. <u>Participation in Meetings by Remote Communication</u> | 1 |
| Section 1.04. <u>Notice of Meetings; Waiver of Notice</u> | 1 |
| Section 1.05. <u>Proxies</u> | 2 |
| Section 1.06. <u>Voting Lists</u> | 2 |
| Section 1.07. <u>Quorum</u> | 3 |
| Section 1.08. <u>Voting</u> | 3 |
| Section 1.09. <u>Adjournment</u> | 3 |
| Section 1.10. <u>Organization; Procedure</u> | 3 |
| Section 1.11. <u>Consent of Stockholders in Lieu of Meeting</u> | 4 |
| ARTICLE II BOARD OF DIRECTORS | 5 |
| Section 2.01. <u>General Powers</u> | 5 |
| Section 2.02. <u>Number and Term of Office</u> | 5 |
| Section 2.03. <u>Election of Directors</u> | 5 |
| Section 2.04. <u>Regular Meetings</u> | 5 |
| Section 2.05. <u>Special Meetings</u> | 5 |
| Section 2.06. <u>Notice of Meetings; Waiver of Notice</u> | 5 |
| Section 2.07. <u>Quorum; Voting</u> | 6 |
| Section 2.08. <u>Action by Telephonic Communications</u> | 6 |
| Section 2.09. <u>Adjournment</u> | 6 |
| Section 2.10. <u>Action Without a Meeting</u> | 6 |
| Section 2.11. <u>Regulations</u> | 6 |
| Section 2.12. <u>Resignations of Directors</u> | 7 |
| Section 2.13. <u>Removal of Directors</u> | 7 |
| Section 2.14. <u>Vacancies and Newly Created Directorships</u> | 7 |
| Section 2.15. <u>Compensation</u> | 7 |
| Section 2.16. <u>Reliance on Accounts and Reports, etc</u> | 7 |
| ARTICLE III COMMITTEES | 7 |
| Section 3.01. <u>Designation of Committees</u> | 7 |
| Section 3.02. <u>Members and Alternate Members</u> | 8 |

---

------

<u>**Table of Contents**</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(continued)

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| | |
|:---|:---|
|  | <u>Page</u> |
| Section 3.03. <u>Committee Procedures</u> | 8 |
| Section 3.04. <u>Meetings and Actions of Committees</u> | 8 |
| Section 3.05. <u>Resignations and Removals</u> | 9 |
| Section 3.06. <u>Vacancies</u> | 9 |
| ARTICLE IV OFFICERS | 9 |
| Section 4.01. <u>Officers</u> | 9 |
| Section 4.02. <u>Election</u> | 9 |
| Section 4.03. <u>Compensation</u> | 9 |
| Section 4.04. <u>Removal and Resignation; Vacancies</u> | 9 |
| Section 4.05. <u>Authority and Duties of Officers</u> | 10 |
| Section 4.06. <u>President</u> | 10 |
| Section 4.07. <u>Vice Presidents</u> | 10 |
| Section 4.08. <u>Secretary</u> | 10 |
| Section 4.09. <u>Treasurer</u> | 11 |
| ARTICLE V CAPITAL STOCK | 12 |
| Section 5.01. <u>Certificates of Stock, Uncertificated Shares</u> | 12 |
| Section 5.02. <u>Facsimile Signatures</u> | 12 |
| Section 5.03. <u>Lost, Stolen or Destroyed Certificates</u> | 13 |
| Section 5.04. <u>Transfer of Stock</u> | 13 |
| Section 5.05. <u>Registered Stockholders</u> | 13 |
| ARTICLE VI INDEMNIFICATION | 14 |
| Section 6.01. <u>Indemnification</u> | 14 |
| Section 6.02. <u>Advance of Expenses</u> | 14 |
| Section 6.03. <u>Procedure for Indemnification</u> | 15 |
| Section 6.04. <u>Burden of Proof</u> | 15 |
| Section 6.05. <u>Contract Right; Non-Exclusivity; Survival</u> | 15 |
| Section 6.06. <u>Insurance</u> | 16 |
| Section 6.07. <u>Employees and Agents</u> | 16 |
| Section 6.08. <u>Interpretation; Severability</u> | 16 |
| ARTICLE VII OFFICES | 17 |
| Section 7.01. <u>Registered Office</u> | 17 |
| Section 7.02. <u>Other Offices</u> | 17 |
| ARTICLE VIII GENERAL PROVISIONS | 17 |
| Section 8.01. <u>Dividends</u> | 17 |
| Section 8.02. <u>Reserves</u> | 17 |

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ii<br>

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<u>**Table of Contents**</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(continued)

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| | |
|:---|:---|
|  | <u>Page</u> |
| Section 8.03. <u>Execution of Instruments</u> | 17 |
| Section 8.04. <u>Voting as Stockholder</u> | 18 |
| Section 8.05. <u>Fiscal Year</u> | 18 |
| Section 8.06. <u>Seal</u> | 18 |
| Section 8.07. <u>Books and Records; Inspection</u> | 18 |
| Section 8.08. <u>Electronic Transmission</u> | 18 |
| Section 8.09. <u>Litigation</u> | 18 |
| ARTICLE IX AMENDMENT OF BYLAWS | 19 |
| Section 9.01. <u>Amendment</u> | 19 |
| ARTICLE X CONSTRUCTION | 19 |
| Section 10.01. <u>Construction</u> | 19 |

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iii<br>

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Frontier Communications Parent, Inc.

<u>SECOND AMENDED AND RESTATED</u>

<u>BYLAWS</u>

 

<br> As Adopted on January 20, 2026

ARTICLE I

<u>MEETINGS OF STOCKHOLDERS</u>

Section 1.01. <u>Annual Meetings</u>. An annual meeting of the stockholders of the corporation for the election of directors and for the transaction of such other business as properly may come before such meeting shall be held each year either within or without the State of Delaware on such date and at such place and time as are designated by resolution of the corporation's board of directors (the "<u>Board</u>"), unless the stockholders have acted by written consent to elect directors as permitted by the General Corporation Law of the State of Delaware, as amended from time to time (the "<u>DGCL</u>").

Section 1.02. <u>Special Meetings</u>. A special meeting of the stockholders for any purpose may be called at any time by the President or by the Secretary pursuant to a resolution of the Board, to be held either within or without the State of Delaware on such date and at such time and place as are designated by such officer or in such resolution.

Section 1.03. <u>Participation in Meetings by Remote Communication</u>. The Board, acting in its sole discretion, may establish guidelines and procedures in accordance with applicable provisions of the DGCL and any other applicable law for the participation by stockholders and proxyholders in a meeting of stockholders by means of remote communications, and may determine that any meeting of stockholders will not be held at any place but will be held solely by means of remote communication. Stockholders and proxyholders complying with such procedures and guidelines and otherwise entitled to vote at a meeting of stockholders shall be deemed present in person and entitled to vote at a meeting of stockholders, whether such meeting is to be held at a designated place or solely by means of remote communication.

Section 1.04. <u>Notice of Meetings; Waiver of Notice</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary or any Assistant Secretary shall cause notice of each meeting of stockholders to be given in writing in a manner permitted by the DGCL not less than 10 days nor more than 60 days prior to the meeting to each stockholder of record entitled to vote at such meeting, subject to such exclusions as are then permitted by the DGCL. The notice shall specify (*i*) the place, if any, date and time of such meeting, (*ii*) the means of remote communications, if any, by which stockholders and proxy holders may be deemed to be present in person and vote at such meeting, (*iii*) in the case of a special meeting, the purpose or purposes for which such meeting is called, and (*iv*) such other information as may be required by law or as may be deemed appropriate by the President calling the meeting, or by the Board. If the stockholder list

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referred to in Section 1.06 of these bylaws is made accessible on an electronic network, the notice of meeting must indicate how the stockholder list can be accessed. If the meeting of stockholders is to be held solely by means of electronic communications, the notice of meeting must provide the information required to access such stockholder list during the meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A written waiver of notice of meeting signed by a stockholder or a waiver by electronic transmission by a stockholder, whether given before or after the meeting time stated in such notice, is deemed equivalent to notice. Attendance of a stockholder at a meeting is a waiver of notice of such meeting, except when the stockholder attends a meeting for the express purpose of objecting at the beginning of the meeting to the transaction of any business at the meeting on the ground that the meeting is not lawfully called or convened.

Section 1.05. <u>Proxies</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each stockholder entitled to vote at a meeting of stockholders or to express consent to or dissent from corporate action in writing without a meeting may authorize another person or persons to act for such stockholder by proxy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A stockholder may authorize a valid proxy by executing a written instrument signed by such stockholder, or by causing his or her signature to be affixed to such writing by any reasonable means, including but not limited to by facsimile signature, or by transmitting or authorizing an electronic transmission (as defined in Section 8.08 of these bylaws) setting forth an authorization to act as proxy to the person designated as the holder of the proxy, a proxy solicitation firm or a like authorized agent. Proxies by electronic transmission must either set forth, or be submitted with, information from which it can be determined that the electronic transmission was authorized by the stockholder. Any copy, facsimile telecommunication or other reliable reproduction of a writing or transmission created pursuant to this section may be substituted or used in lieu of the original writing or transmission for any and all purposes for which the original writing or transmission could be used if such copy, facsimile telecommunication or other reproduction is a complete reproduction of the entire original writing or transmission.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No proxy may be voted or acted upon after the expiration of three years from the date of such proxy, unless such proxy provides for a longer period. Every proxy is revocable at the pleasure of the stockholder executing it unless the proxy states that it is irrevocable and applicable law makes it irrevocable. A stockholder may revoke any proxy that is not irrevocable by attending the meeting and voting in person or by filing an instrument in writing revoking the proxy or by filing another duly executed proxy bearing a later date with the Secretary.

Section 1.06. <u>Voting Lists</u>. The officer of the corporation who has charge of the stock ledger of the corporation shall prepare, at least 10 days before every meeting of the stockholders (and before any adjournment thereof for which a new record date has been set), a complete list of the stockholders entitled to vote at the meeting, arranged in alphabetical order and showing the address of each stockholder and the number of shares

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registered in the name of each stockholder. This list shall be open to the examination of any stockholder prior to and during the meeting for any purpose germane to the meeting as required by the DGCL or other applicable law. The stock ledger shall be the only evidence as to who are the stockholders entitled by this section to examine the list required by this section or to vote in person or by proxy at any meeting of stockholders.

Section 1.07. <u>Quorum</u>. Except as otherwise required by law or by the certificate of incorporation, the presence in person or by proxy of the holders of record of a majority of the shares entitled to vote at a meeting of stockholders shall constitute a quorum for the transaction of business at such meeting. A quorum, once established, is not broken by the withdrawal of enough votes to leave less than a quorum.

Section 1.08. <u>Voting</u>. Every holder of record of shares entitled to vote at a meeting of stockholders is entitled to one vote for each share outstanding in his or her name on the books of the corporation (*x*) at the close of business on the record date for such meeting, or (*y*) if no record date has been fixed, at the close of business on the day next preceding the day on which notice of the meeting is given, or if notice is waived, at the close of business on the day next preceding the day on which the meeting is held. All matters at any meeting at which a quorum is present, including the election of directors, shall be decided by the affirmative vote of a majority of the shares of stock present in person or represented by proxy at the meeting and entitled to vote on the subject matter in question, unless otherwise expressly provided by express provision of law or the certificate of incorporation. The stockholders do not have the right to cumulate their votes for the election of directors.

Section 1.09. <u>Adjournment</u>. Any meeting of stockholders may be adjourned from time to time, by the chairperson of the meeting or by the vote of a majority of the shares of stock present in person or represented by proxy at the meeting, to reconvene at the same or some other place, and notice need not be given of any such adjourned meeting if the place, if any, and date and time thereof (and the means of remote communication, if any, by which stockholders and proxy holders may be deemed to be present in person and vote at such meeting) are announced at the meeting at which the adjournment is taken unless (*x*) the adjournment is for more than 30 days, in which case notice of the adjourned meeting in accordance with Section 1.04 of these bylaws shall be given to each stockholder of record entitled to vote at the meeting, or (*y*) a new record date for determining the stockholders entitled to vote is fixed for the adjourned meeting after the adjournment, in which case notice of the adjourned meeting in accordance with Section 1.04 of these bylaws shall be given to each stockholder of record entitled to vote at the adjourned meeting as of the record date fixed for determining the stockholders entitled to notice of the adjourned meeting. At the adjourned meeting, the corporation may transact any business that might have been transacted at the original meeting.

Section 1.10. <u>Organization; Procedure</u>. The President shall preside over each meeting of stockholders. If the President is absent or disabled, the presiding officer shall be selected by the Board or, failing action by the Board, by a majority of the stockholders present in person or represented by proxy. The Secretary, or in the event of his or her absence or disability, an appointee of the presiding officer, shall act as secretary of the

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meeting. The Board may make such rules or regulations for the conduct of meetings of stockholders as it shall deem necessary, appropriate or convenient. Subject to any such rules and regulations, the presiding officer of any meeting shall have the right and authority to prescribe rules, regulations and procedures for such meeting and to take all such actions as in the judgment of the presiding officer are appropriate for the proper conduct of such meeting.

Section 1.11. <u>Consent of Stockholders in Lieu of Meeting</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unless otherwise provided in the certificate of incorporation, any action required or permitted to be taken at an annual or special meeting of the stockholders may be taken without a meeting, without prior notice and without a vote of stockholders, if a consent or consents in writing, setting forth the action so taken, are (*i*) signed by the holders of outstanding shares having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted (but not less than the minimum number of votes otherwise prescribed by law) and (*ii*) delivered to the corporation by delivery to its registered office in this State, to its principal place of business or to an officer or agent of the corporation having custody of the book in which proceedings of meetings of stockholders are recorded within 60 days of the earliest dated consent so delivered to the corporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a stockholder consent is to be given without a meeting of stockholders, and the Board has not fixed a record date for the purpose of determining the stockholders entitled to sign such consent, then: (*i*) if the DGCL does not require action by the Board prior to the proposed stockholder action, the record date shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the corporation at any of the locations referred to in clause (ii) of Section 1.11(a) of these bylaws; and (*ii*) if the DGCL requires action by the Board prior to the proposed stockholder action, the record date shall be at the close of business on the day on which the Board adopts the resolution taking such prior action. Every written consent to action without a meeting shall bear the date of signature of each stockholder who signs the consent, and shall be valid if timely delivered to the corporation at any of the locations referred to in Section 1.11(a)(ii) of these bylaws. Any person executing a consent may provide, whether through instruction to an agent or otherwise, that such a consent will be effective at a future time (including a time determined upon the happening of an event), no later than 60 days after such instruction is given or such provision is made, and, for the purposes of this Section 1.11, if evidence of such instruction or provision is provided to the corporation, such later effective time shall serve as the date of signature. Any such consent shall be revocable prior to its becoming effective.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall give prompt notice of the taking of an action without a meeting by less than unanimous written consent to those stockholders who have not consented in writing and who, if the action had been taken at a meeting, would have been entitled to notice of the meeting if the record date for such meeting had been

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the date that written consents signed by holders of a sufficient number of shares to take the action were delivered to the corporation in accordance with the DGCL.

ARTICLE II

<u>BOARD OF DIRECTORS</u>

Section 2.01. <u>General Powers</u>. Except as may otherwise be provided by law or by the certificate of incorporation, the business and affairs of the corporation shall be managed by or under the direction of the Board. The directors shall act only as a Board, and the individual directors shall have no power as such.

Section 2.02. <u>Number and Term of Office</u>. The Board shall consist of two directors, or such greater or lesser number as the Board may determine by resolution, each of whom shall be a natural person. Each director (whenever elected) shall hold office until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation or removal.

Section 2.03. <u>Election of Directors</u>. Except as otherwise provided in Sections 2.13 and 2.14 of these bylaws, the directors shall be elected at each annual meeting of the stockholders.

Section 2.04. <u>Regular Meetings</u>. Regular meetings of the Board shall be held on such dates, and at such times and places as are determined from time to time by resolution of the Board.

Section 2.05. <u>Special Meetings</u>. Special meetings of the Board shall be held whenever called by the President or by a majority of the Board, at such place, date and time as may be specified in the respective notices or waivers of notice of such meetings. Any business may be conducted at a special meeting.

Section 2.06. <u>Notice of Meetings; Waiver of Notice</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notices of special meetings shall be given to each director, and notice of each resolution or other action affecting the date, time or place of one or more regular meetings shall be given to each director not present at the meeting adopting such resolution or other action, subject to Section 2.09 of these bylaws. Notices shall be given personally, or by telephone confirmed by facsimile or email dispatched promptly thereafter, or by facsimile or email confirmed by a writing delivered by a recognized overnight courier service, directed to each director at the address from time to time designated by such director to the Secretary. Each such notice and confirmation must be given (received in the case of personal service or delivery of written confirmation) at least 24 hours prior to the time of a special meeting, and at least five days prior to the initial regular meeting affected by such resolution or other action, as the case may be.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A written waiver of notice of meeting signed by a director or a waiver by electronic transmission by a director, whether given before or after the meeting time stated in such notice, is deemed equivalent to notice. Attendance of a director at a

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meeting is a waiver of notice of such meeting, except when the director attends a meeting for the express purpose of objecting at the beginning of the meeting to the transaction of any business at the meeting on the ground that the meeting is not lawfully called or convened.

Section 2.07. <u>Quorum; Voting</u>. At all meetings of the Board, the presence of a majority of the total authorized number of directors shall constitute a quorum for the transaction of business. Except as otherwise required by law, the certificate of incorporation or these bylaws, the vote of a majority of the directors present at any meeting at which a quorum is present shall be the act of the Board.

Section 2.08. <u>Action by Telephonic Communications</u>. Members of the Board may participate in a meeting of the Board by means of conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other, and participation in a meeting pursuant to this provision shall constitute presence in person at such meeting.

Section 2.09. <u>Adjournment</u>. A majority of the directors present may adjourn any meeting of the Board to another date, time or place, whether or not a quorum is present. No notice need be given of any adjourned meeting unless (*a*) the date, time and place of the adjourned meeting are not announced at the time of adjournment, in which case notice conforming to the requirements of Section 2.06 of these bylaws applicable to special meetings shall be given to each director, or (*b*) the meeting is adjourned for more than 24 hours, in which case the notice referred to in clause (a) shall be given to those directors not present at the announcement of the date, time and place of the adjourned meeting.

Section 2.10. <u>Action Without a Meeting</u>. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting if all members of the Board consent thereto in writing or by electronic transmission, and such writing or writings or electronic transmissions are filed with the minutes of proceedings of the Board. Such filing shall be in paper form if the minutes are maintained in paper form and shall be in electronic form if the minutes are maintained in electronic form. Any person (whether or not then a director) may provide, whether through instruction to an agent or otherwise, that a consent to action will be effective at a future time (including a time determined upon the happening of an event), no later than 60 days after such instruction is given or such provision is made and such consent shall be deemed to have been given for purposes of this Section 2.10 at such effective time, so long as such person is then a director and did not revoke the consent prior to such time. Any such consent shall be revocable prior to its becoming effective.

Section 2.11. <u>Regulations</u>. To the extent consistent with applicable law, the certificate of incorporation and these bylaws, the Board may adopt such rules and regulations for the conduct of meetings of the Board and for the management of the affairs and business of the corporation as the Board may deem appropriate. The Board may elect from among its members a chairperson and one or more vice-chairpersons to

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preside over meetings and to perform such other duties as may be designated by the Board.

Section 2.12. <u>Resignations of Directors</u>. Any director may resign at any time by submitting an electronic transmission or by delivering a written notice of resignation, signed by such director, to the President or the Secretary. Such resignation shall take effect upon delivery unless the resignation specifies a later effective date or an effective date determined upon the happening of a specified event.

Section 2.13. <u>Removal of Directors</u>. Any director may be removed at any time, either for or without cause, upon the affirmative vote of the holders of a majority of the outstanding shares entitled to vote generally for the election of directors, acting at a stockholder meeting or by written consent in accordance with the DGCL and these bylaws. Any vacancy in the Board caused by any such removal may be filled by the affirmative vote of the holders of a majority of the outstanding shares entitled to vote for the election of the director so removed, acting at such meeting or, if the removal was effected by written consent without a meeting, in the written instrument effecting the removal.

Section 2.14. <u>Vacancies and Newly Created Directorships</u>. Except as provided in Section 2.13, any vacancies in the Board or any newly created directorships may be filled only by a vote of the stockholders, acting at any regular or special meeting of the stockholders or by written consent in accordance with the DGCL and these bylaws. A director elected to fill a vacancy or a newly created directorship shall hold office until his or her successor has been elected and qualified or until his or her earlier death, resignation or removal.

Section 2.15. <u>Compensation</u>. The directors shall be entitled to compensation for their services to the extent approved by the stockholders at any regular or special meeting of the stockholders. The Board may by resolution determine the expenses in the performance of such services for which a director is entitled to reimbursement.

Section 2.16. <u>Reliance on Accounts and Reports, etc</u>. A member of the Board, or a member of any committee designated by the Board, shall in the performance of his or her duties be fully protected in relying in good faith upon the records of the corporation and upon information, opinions, reports or statements presented to the corporation by any of the corporation's officers or employees, or committees of the Board, or by any other person as to matters the member reasonably believes are within such other person's professional or expert competence and who has been selected with reasonable care by or on behalf of the corporation.

ARTICLE III

<u>COMMITTEES</u>

Section 3.01. <u>Designation of Committees</u>. The Board may designate one or more committees. Each committee shall consist of such number of directors as from time to

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time may be fixed by resolution of the Board, and shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the corporation to the extent delegated to such committee by the Board, but no committee shall have any power or authority as to (*a*) approving or adopting, or recommending to the stockholders, any action or matter (other than the election or removal of directors) expressly required by the DGCL to be submitted to stockholders for approval, (b) adopting, amending or repealing any of these bylaws or (*c*) as may otherwise be excluded by law or by the certificate of incorporation, and no committee may delegate any of its power or authority to a subcommittee unless so authorized by the Board.

Section 3.02. <u>Members and Alternate Members</u>. The members of each committee and any alternate members shall be selected by the Board. The Board may provide that the members and alternate members serve at the pleasure of the Board or, if the Board shall so determine, for a stated term. An alternate member may replace any absent or disqualified member at any meeting of the committee. An alternate member shall be given all notices of committee meetings, may attend any meeting of the committee, but may count towards a quorum and vote only if a member for whom such person is an alternate is absent or disqualified. Each member (and each alternate member) of any committee shall hold office only until the end of such term, if any, as may have been fixed for such person by the Board, the time he or she shall cease for any reason to be a director, or until his or her earlier death, resignation or removal.

Section 3.03. <u>Committee Procedures</u>. A quorum for each committee shall be a majority of its members, unless the committee has only one or two members, in which case a quorum shall be one member, or unless a greater quorum is established by the Board. The vote of a majority of the committee members present at a meeting at which a quorum is present shall be the act of the committee. Each committee shall keep regular minutes of its meetings and report to the Board when required. The Board may adopt other rules and regulations for the government of any committee not inconsistent with the provisions of these bylaws, and each committee may adopt its own rules and regulations of government, to the extent not inconsistent with these bylaws or rules and regulations adopted by the Board.

Section 3.04. <u>Meetings and Actions of Committees</u>. Meetings and actions of each committee shall be governed by, and held and taken in accordance with, the provisions of the following sections of these bylaws, with such bylaws being deemed to refer to the committee and its members in lieu of the Board and its members:

(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.04 (to the extent relating to place and time of regular meetings);

(b)&nbsp;&nbsp;&nbsp;&nbsp; Section 2.05 (relating to special meetings);

(c)&nbsp;&nbsp;&nbsp;&nbsp; Section 2.06 (relating to notice and waiver of notice);

(d) Sections 2.08 and 2.10 (relating to telephonic communication and action without a meeting); and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 2.09 (relating to adjournment and notice of adjournment). Special meetings of committees may also be called by resolution of the Board.

Section 3.05. <u>Resignations and Removals</u>. Any member (and any alternate member) of any committee may resign from such position at any time by delivering a written notice of resignation, signed by such member, to the President or the Secretary. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any member (and any alternate member) of any committee may be removed from such position by the Board at any time, either for or without cause.

Section 3.06. <u>Vacancies</u>. If a vacancy occurs in any committee for any reason, the remaining members (and any alternate members) may continue to act if a quorum is present. A committee vacancy may be filled only by the Board.

ARTICLE IV

<u>OFFICERS</u>

Section 4.01. <u>Officers</u>. The Board shall elect a President and a Secretary as officers of the corporation. The Board may also elect a Treasurer, one or more Vice Presidents, Assistant Secretaries and Assistant Treasurers, and such other officers and agents as the Board may determine. In addition, the Board from time to time may delegate to any officer the power to appoint subordinate officers or agents and to prescribe their respective rights, terms of office, authorities and duties. Any action by an appointing officer may be superseded by action by the Board. Any number of offices may be held by the same person, except that one person may not hold both the office of President and the office of Secretary. No officer need be a director of the corporation.

Section 4.02. <u>Election</u>. The officers of the corporation elected by the Board shall serve at the pleasure of the Board. Officers and agents appointed pursuant to delegated authority as provided in Section 4.01 (or, in the case of agents, as provided in Section 4.06) shall hold their offices for such terms as may be determined from time to time by the appointing officer. Each officer shall hold office until his or her successor has been elected or appointed and qualified, or until his or her earlier death, resignation or removal.

Section 4.03. <u>Compensation</u>. The salaries and other compensation of all officers and agents of the corporation shall be fixed by the Board or in the manner established by the Board.

Section 4.04. <u>Removal and Resignation; Vacancies</u>. Any officer may be removed for or without cause at any time by the Board. Any officer granted the power to appoint subordinate officers and agents as provided in Section 4.01 may remove any subordinate officer or agent appointed by such officer, for or without cause. Any officer or agent may resign at any time by delivering notice of resignation, either in writing signed by such officer or by electronic transmission, to the Board or the President.

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Unless otherwise specified therein, such resignation shall take effect upon delivery. Any vacancy occurring in any office of the corporation by death, resignation, removal or otherwise, may be filled by the Board or by the officer, if any, who appointed the person formerly holding such office.

Section 4.05. <u>Authority and Duties of Officers</u>. An officer of the corporation shall have such authority and shall exercise such powers and perform such duties (*a*) as may be required by law, (*b*) to the extent not inconsistent with law, as are specified in these bylaws, (*c*) to the extent not inconsistent with law or these bylaws, as may be specified by resolution of the Board, and (*d*) to the extent not inconsistent with any of the foregoing, as may be specified by the appointing officer with respect to a subordinate officer appointed pursuant to delegated authority under Section 4.01.

Section 4.06. <u>President</u>. The President shall preside at all meetings of the stockholders and directors at which he or she is present, shall be the chief executive officer and the chief operating officer of the corporation, shall have general control and supervision of the policies and operations of the corporation and shall see that all orders and resolutions of the Board are carried into effect. He or she shall manage and administer the corporation's business and affairs and shall also perform all duties and exercise all powers usually pertaining to the office of a chief executive officer and a chief operating officer of a corporation. He or she shall have the authority to sign, in the name and on behalf of the corporation, checks, orders, contracts, leases, notes, drafts and all other documents and instruments in connection with the business of the corporation. He or she shall have the authority to cause the employment or appointment of such employees or agents of the corporation as the conduct of the business of the corporation may require, to fix their compensation, and to remove or suspend any employee or any agent employed or appointed by any officer or to suspend any agent appointed by the Board. The President shall have the duties and powers of the Treasurer if no Treasurer is elected and shall have such other duties and powers as the Board may from time to time prescribe.

Section 4.07. <u>Vice Presidents</u>. If one or more Vice-Presidents have been elected, each Vice President shall perform such duties and exercise such powers as may be assigned to him or her from time to time by the Board or the President pursuant to the power delegated to him or her by the Board pursuant to Section 4.01. In the event of absence or disability of the President, the duties of the President shall be performed, and his or her powers may be exercised, by such Vice President as shall be designated by the Board or, failing such designation, by the Vice President in order of seniority of election to that office.

Section 4.08. <u>Secretary</u>. Unless otherwise determined by the Board, the Secretary shall have the following powers and duties:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall keep or cause to be kept a record of all the proceedings of the meetings of the stockholders, the Board and any committees thereof in books provided for that purpose.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall cause all notices to be duly given in accordance with the provisions of these bylaws and as required by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Whenever any committee shall be appointed pursuant to a resolution of the Board, the Secretary shall furnish a copy of such resolution to the members of such committee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall be the custodian of the records and of the seal of the corporation and cause such seal (or a facsimile thereof) to be affixed to all certificates representing shares of the corporation prior to the issuance thereof and to all documents and instruments that the Board or any officer of the corporation has determined should be executed under seal, may sign (together with any other authorized officer) any such document or instrument, and when the seal is so affixed he or she may attest the same.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall properly maintain and file all books, reports, statements, certificates and all other documents and records required by law, the certificate of incorporation or these bylaws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall have charge of the stock books and ledgers of the corporation and shall cause the stock and transfer books to be kept in such manner as to show at any time the number of shares of stock of the corporation of each class issued and outstanding, the names (alphabetically arranged) and the addresses of the holders of record of such shares, the number of shares held by each holder and the date as of which each such holder became a holder of record.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall sign (unless the Treasurer, an Assistant Treasurer or an Assistant Secretary shall have signed) certificates representing shares of the corporation the issuance of which shall have been authorized by the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Secretary shall perform, in general, all duties incident to the office of secretary and such other duties as may be specified in these bylaws or as may be assigned to the Secretary from time to time by the Board or the President.

Section 4.09. <u>Treasurer</u>. Unless otherwise determined by the Board, the Treasurer, if there be one, shall be the chief financial officer of the corporation and shall have the following powers and duties:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer shall have charge and supervision over and be responsible for the moneys, securities, receipts and disbursements of the corporation, and shall keep or cause to be kept full and accurate records thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer shall cause the moneys and other valuable effects of the corporation to be deposited in the name and to the credit of the corporation in such banks or trust companies or with such bankers or other depositaries as shall be determined by the Board or the President, or by such other officers of the corporation as may be authorized by the Board or the President to make such determinations.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer shall cause the moneys of the corporation to be disbursed by checks or drafts (signed by such officer or officers or such agent or agents of the corporation, and in such manner, as the Board or the President may determine from time to time) upon the authorized depositaries of the corporation and cause to be taken and preserved proper vouchers for all moneys disbursed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer shall render to the Board or the President, whenever requested, a statement of the financial condition of the corporation and of the transactions of the corporation, and render a full financial report at the annual meeting of the stockholders, if called upon to do so.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer shall be empowered from time to time to require from all officers or agents of the corporation reports or statements giving such information as he or she may desire with respect to any and all financial transactions of the corporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer may sign (unless an Assistant Treasurer or the Secretary or an Assistant Secretary shall have signed) certificates representing shares of stock of the corporation the issuance of which shall have been authorized by the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Treasurer shall perform, in general, all duties incident to the office of treasurer and such other duties as may be specified in these bylaws or as may be assigned to the Treasurer from time to time by the Board or the President.

ARTICLE V

<u>CAPITAL STOCK</u>

Section 5.01. <u>Certificates of Stock, Uncertificated Shares</u>. The shares of the corporation shall be represented by certificates except to the extent that the Board has provided by resolution that some or all of any or all classes or series of the stock of the corporation shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the corporation.Notwithstanding the adoption of such a resolution by the Board, every holder of stock in the corporation represented by certificates shall be entitled to have, and every holder of uncertificated shares may at the direction of the Board be permitted to receive upon request, a certificate signed by, or in the name of the corporation by the President or a Vice President, and by the Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary, representing the number of shares registered in the name of such holder. Such certificate shall be in such form as the Board may determine, to the extent consistent with applicable law, the certificate of incorporation and these bylaws.

Section 5.02. <u>Facsimile Signatures.</u> Any or all signatures on the certificates referred to in Section 5.01 of these bylaws may be in facsimile form. If any officer who has signed, or whose facsimile signature has been placed upon, a certificate shall have ceased to be such officer before such certificate is issued, it may be issued by the corporation with the same effect as if he or she were such officer at the date of issue.

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Section 5.03. <u>Lost, Stolen or Destroyed Certificates</u>. A new certificate may be issued in place of any certificate theretofore issued by the corporation alleged to have been lost, stolen or destroyed only upon delivery to the corporation of an affidavit of the owner or owners (or their legal representatives) of such certificate, setting forth such allegation, and a bond or other undertaking as may be satisfactory to a financial officer of the corporation designated by the Board to indemnify the corporation against any claim that may be made against it on account of the alleged loss, theft or destruction of any such certificate or the issuance of any such new certificate.

Section 5.04. <u>Transfer of Stock</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transfer of shares represented by certificates shall be made on the books of the corporation upon surrender to the corporation of a certificate for shares, duly endorsed or accompanied by appropriate evidence of succession, assignment or authority to transfer, and otherwise in compliance with applicable law. Transfers of uncertificated shares shall be made on the books of the corporation as provided by applicable law. Within a reasonable time after the transfer of uncertificated stock, the corporation shall send to the registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant to Sections 151, 156, 202(a) and 218(a) of the DGCL. Subject to applicable law, the provisions of the certificate of incorporation and these bylaws, the Board may prescribe such additional rules and regulations as it may deem appropriate relating to the issue, transfer and registration of shares of the corporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The corporation may enter into agreements with shareholders to restrict the transfer of stock of the corporation in any manner not prohibited by the DGCL.

Section 5.05. <u>Registered Stockholders</u>. Prior to due surrender of a certificate for registration of transfer, or due delivery of instructions for the registration of transfer of uncertificated shares, the corporation may treat the registered owner as the person exclusively entitled to receive dividends and other distributions, to vote, to receive notice and otherwise to exercise all the rights and powers of the owner of the shares represented by such certificate or of such uncertificated shares, and the corporation shall not be bound to recognize any equitable or legal claim to or interest in such shares on the part of any other person, whether or not the corporation shall have notice of such claim or interests. If a transfer of shares is made for collateral security, and not absolutely, this fact shall be so expressed in the entry of the transfer if, when the certificates are presented to the corporation for transfer or uncertificated shares are requested to be transferred, both the transferor and transferee request the corporation to do so.

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ARTICLE VI

<u>INDEMNIFICATION</u>

Section 6.01. <u>Indemnification</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>In General</u>. The corporation shall indemnify, to the fullest extent permitted by the DGCL and other applicable law, any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (each, a "<u>proceeding</u>") by reason of the fact that (*x*) such person is or was serving or has agreed to serve as a director or officer of the corporation, or (*y*) such person, while serving as a director or officer of the corporation, is or was serving or has agreed to serve at the request of the corporation as a director, officer, employee, manager or agent of another corporation, partnership, joint venture, trust or other enterprise or (*z*) such person is or was serving or has agreed to serve at the request of the corporation as a director, officer or manager of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action alleged to have been taken or omitted by such person in such capacity, and who satisfies the applicable standard of conduct set forth in the DGCL or other applicable law:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; in a proceeding other than a proceeding by or in the right of the corporation, against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person or on such person's behalf in connection with such proceeding and any appeal therefrom, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; in a proceeding by or in the right of the corporation to procure a judgment in its favor, against expenses (including attorneys' fees) actually and reasonably incurred by such person or on such person's behalf in connection with the defense or settlement of such proceeding and any appeal therefrom.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Indemnification in Respect of Successful Defense</u>. To the extent that a present or former director or officer of the corporation has been successful on the merits or otherwise in defense of any proceeding referred to in Section 6.01(a) or in defense of any claim, issue or matter therein, such person shall be indemnified by the corporation against expenses (including attorneys' fees) actually and reasonably incurred by such person in connection therewith.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Indemnification in Respect of Proceedings Instituted by Indemnitee</u>. Section 6.01(a) does not require the corporation to indemnify a present or former director or officer of the corporation in respect of a proceeding (or part thereof) instituted by such person on his or her own behalf, unless such proceeding (or part thereof) has been authorized by the Board or the indemnification requested is pursuant to the last sentence of Section 6.03 of these bylaws.

Section 6.02. <u>Advance of Expenses</u>. The corporation shall advance all expenses (including reasonable attorneys' fees) incurred by a present or former director or officer

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in defending any proceeding prior to the final disposition of such proceeding upon written request of such person and delivery of an undertaking by such person to repay such amount if it shall ultimately be determined that such person is not entitled to be indemnified by the corporation. The corporation may authorize any counsel for the corporation to represent (subject to applicable conflict of interest considerations) such present or former director or officer in any proceeding, whether or not the corporation is a party to such proceeding.

Section 6.03. <u>Procedure for Indemnification</u>. Any indemnification under Section 6.01 of these bylaws or any advance of expenses under Section 6.02 of these bylaws shall be made only against a written request therefor (together with supporting documentation) submitted by or on behalf of the person seeking indemnification or advance of expenses. Indemnification may be sought by a person under Section 6.01 of these bylaws in respect of a proceeding only to the extent that both the liabilities for which indemnification is sought and all portions of the proceeding relevant to the determination of whether the person has satisfied any appropriate standard of conduct have become final. A person seeking indemnification or advance of expenses may seek to enforce such person's rights to indemnification or advance of expenses (as the case may be) in the Delaware Court of Chancery to the extent all or any portion of a requested indemnification has not been granted within 90 days of, or to the extent all or any portion of a requested advance of expenses has not been granted within 20 days of, the submission of such request. To the extent that such person has been successful in establishing such person's right to indemnification or advancement of expenses under this Article VI, such person shall be indemnified by the corporation against expenses (including reasonable attorneys' fees) incurred by such person in connection therewith.

Section 6.04. <u>Burden of Proof</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In any proceeding brought to enforce the right of a person to receive indemnification to which such person is entitled under Section 6.01 of these bylaws, the corporation has the burden of demonstrating that the standard of conduct applicable under the DGCL or other applicable law was not met. A prior determination by the corporation (including its Board or any committee thereof, its independent legal counsel, or its stockholders) that the claimant has not met such applicable standard of conduct does not itself constitute evidence that the claimant has not met the applicable standard of conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In any proceeding brought to enforce a claim for advances to which a person is entitled under Section 6.02 of these bylaws, the person seeking an advance need only show that he or she has satisfied the requirements expressly set forth in Section 6.02 of these bylaws.

Section 6.05. <u>Contract Right; Non-Exclusivity; Survival</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The rights to indemnification and advancement of expenses provided by this Article VI shall be deemed to be separate contract rights between the corporation and each director and officer who serves in any such capacity at any time while these provisions as well as the relevant provisions of the DGCL are in effect, and no repeal or

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modification of any of these provisions or any relevant provisions of the DGCL shall adversely affect any right or obligation of such director or officer existing at the time of such repeal or modification with respect to any state of facts then or previously existing or any proceeding previously or thereafter brought or threatened based in whole or in part upon any such state of facts. Such "contract rights" may not be modified retroactively as to any present or former director or officer without the consent of such director or officer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The rights to indemnification and advancement of expenses provided by this Article VI shall not be deemed exclusive of any other indemnification or advancement of expenses to which a present or former director or officer of the corporation seeking indemnification or advancement of expenses may be entitled by any agreement, vote of stockholders or disinterested directors, or otherwise. The rights to indemnification and advancement of expenses provided by this Article VI to any present or former director or officer of the corporation shall inure to the benefit of the heirs, executors and administrators of such person.

Section 6.06. <u>Insurance</u>. The corporation may purchase and maintain insurance on behalf of any person who is or was or has agreed to become a director or officer of the corporation, or is or was serving at the request of the corporation as a director or officer of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against such person and incurred by such person or on such person's behalf in any such capacity, or arising out of such person's status as such, whether or not the corporation would have the power to indemnify such person against such liability under the provisions of this Article VI.

Section 6.07. <u>Employees and Agents</u>. The Board, or any officer authorized by the Board generally or in the specific case to make indemnification decisions, may cause the corporation to indemnify any present or former employee or agent of the corporation in such manner and for such liabilities as the Board may determine, up to the fullest extent permitted by the DGCL and other applicable law.

Section 6.08. <u>Interpretation; Severability</u>. Terms defined in Sections 145(h) or (i) of the DGCL have the meanings set forth in such sections when used in this Article VI. If this Article or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the corporation shall nevertheless indemnify each director or officer of the corporation as to costs, charges and expenses (including attorneys' fees), judgments, fines and amounts paid in settlement with respect to any action, suit or proceeding, whether civil, criminal, administrative or investigative, including an action by or in the right of the corporation, to the fullest extent permitted by any applicable portion of this Article VI that shall not have been invalidated and to the fullest extent permitted by applicable law.

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ARTICLE VII

<u>OFFICES</u>

Section 7.01. <u>Registered Office</u>. The registered office of the corporation in the State of Delaware shall be located at the location provided in the corporation's certificate of incorporation.

Section 7.02. <u>Other Offices</u>. The corporation may maintain offices or places of business at such other locations within or without the State of Delaware as the Board may from time to time determine or as the business of the corporation may require.

ARTICLE VIII

<u>GENERAL PROVISIONS</u>

Section 8.01. <u>Dividends</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subject to any applicable provisions of law and the certificate of incorporation, dividends upon the shares of the corporation may be declared by the Board at any regular or special meeting of the Board and any such dividend may be paid in cash, property, or shares of the corporation's stock.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A member of the Board, or a member of any committee designated by the Board shall be fully protected in relying in good faith upon the records of the corporation and upon such information, opinions, reports or statements presented to the corporation by any of its officers or employees, or committees of the Board, or by any other person as to matters the director reasonably believes are within such other person's professional or expert competence and who has been selected with reasonable care by or on behalf of the corporation, as to the value and amount of the assets, liabilities and/or net profits of the corporation, or any other facts pertinent to the existence and amount of surplus or other funds from which dividends might properly be declared and paid.

Section 8.02. <u>Reserves</u>. The Board may set apart, out of any of the funds of the corporation available for dividends, a reserve or reserves for any proper purpose and may abolish any such reserve.

Section 8.03. <u>Execution of Instruments</u>. The President may enter into any contract or execute and deliver any instrument in the name and on behalf of the corporation. Except as otherwise required by law or the certificate of incorporation, the Board or, subject to any restrictions imposed by the Board, the President may authorize any other officer or agent of the corporation to enter into any contract or execute and deliver any instrument in the name and on behalf of the corporation. Any such authorization must be in writing or by electronic transmission and may be general or limited to specific contracts or instruments.

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Section 8.04. <u>Voting as Stockholder</u>. Unless otherwise determined by resolution of the Board, the President or any Vice President shall have full power and authority on behalf of the corporation to attend any meeting of stockholders of any corporation in which the corporation may hold stock, and to act, vote (or execute proxies to vote) and exercise in person or by proxy all other rights, powers and privileges incident to the ownership of such stock at any such meeting, or through action without a meeting. The Board may by resolution from time to time confer such power and authority (in general or confined to specific instances) upon any other person or persons.

Section 8.05. <u>Fiscal Year</u>. The fiscal year of the corporation shall commence on the first day of January of each year (except for the corporation's first fiscal year which shall commence on the date of incorporation) and shall terminate in each case on December 31.

Section 8.06. <u>Seal</u>. The seal of the corporation shall be circular in form and shall contain the name of the corporation, the year of its incorporation and the words "Corporate Seal" and "Delaware". The form of such seal shall be subject to alteration by the Board. The seal may be used by causing it or a facsimile thereof to be impressed, affixed or reproduced, or may be used in any other lawful manner.

Section 8.07. <u>Books and Records; Inspection</u>. Except to the extent otherwise required by law, the books and records of the corporation shall be kept at such place or places within or without the State of Delaware as may be determined from time to time by the Board.

Section 8.08. <u>Electronic Transmission</u>. "<u>Electronic transmission</u>", as used in these bylaws, means any form of communication, not directly involving the physical transmission of paper, that creates a record that may be retained, retrieved and reviewed by a recipient thereof, and that may be directly reproduced in paper form by such a recipient through an automated process.

Section 8.09. <u>Litigation</u>. Unless the corporation consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware (the "<u>Court of Chancery</u>") shall be the sole and exclusive forum for (*a*) any derivative action or proceeding brought on behalf of the corporation, (*b*) any action asserting a claim for breach of a fiduciary duty owed by any director, officer, employee or agent of the corporation to the corporation or the corporation's stockholders, (*c*) any action asserting a claim arising pursuant to any provision of the DGCL, the certificate of incorporation or the bylaws of the corporation or (*d*) any action asserting a claim governed by the internal affairs doctrine, in each case subject to the Court of Chancery having personal jurisdiction over the indispensable parties named as defendants therein.

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ARTICLE IX

<u>AMENDMENT OF BYLAWS</u>

Section 9.01. <u>Amendment</u>. These bylaws may be amended or repealed at any regular or special meeting of the stockholders if, in the case of such special meeting only, notice of such amendment or repeal is contained in the notice or waiver of notice of such meeting.

ARTICLE X

<u>CONSTRUCTION</u>

Section 10.01. <u>Construction</u>. In the event of any conflict between the provisions of these bylaws as in effect from time to time and the provisions of the certificate of incorporation as in effect from time to time, the provisions of such certificate of incorporation shall be controlling.

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## Exhibit 5.1

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**Exhibit 5.1**<br>

January 16, 2026

#### Via E-Mail
John.Stratton@ftr.com RE: Separation Agreement

Dear Mr. Stratton:

Frontier Communications Parent, Inc., a Delaware corporation (the "<u>Company</u>") acknowledges that you have submitted a resignation letter, dated January 16, 2026, which resigns your employment with the Company for Good Reason effective upon the closing of the merger (the "<u>Merger</u>") by and among the Company, Verizon Communications Inc. ("<u>Parent</u>") and France Merger Sub Inc. ("<u>Merger Sub</u>") pursuant to the Agreement and Plan of Merger, dated September 4, 2024 (the "<u>Merger Agreement</u>"). The Company hereby waives the 30-day Good Reason cure period (including any required actions by you during the cure period) under the Employment Agreement. The effectiveness of this Agreement is contingent upon the closing of the Merger (the "<u>Closing</u>").

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, filed February 18, 2021 (the "<u>Employment Agreement</u>").

You and the Company hereby agree that this Separation Agreement (this "<u>Agreement</u>") sets forth the terms of your separation from employment with the Company and its subsidiaries and affiliates.

In consideration of the covenants and agreements hereafter set forth and other good and valuable consideration, the receipt and sufficiency of which you and the Company acknowledge, you and the Company covenant and agree, as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Separation from Employment</u>. You and the Company hereby acknowledge and agree that your employment, including your service in all positions that you hold with the Company and its subsidiaries and affiliates, including as an officer of the Company and as a member of the Company's board of directors, shall end effective as of, and contingent upon, the date of the Closing (the "<u>Separation Date</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Accrued Amounts; Benefits</u>. You and the Company acknowledge and agree that you are entitled to receive payment of the Accrued Benefits as defined in the Employment Agreement, which for the avoidance of doubt include (i) any earned but unpaid Base Salary and any accrued but unused paid time off (if any), in each case, through the Separation Date, (ii) reimbursement for any unreimbursed business expenses incurred through the Separation Date, (iii) all other payments, benefits or fringe benefits to which you shall be entitled to under the terms of any applicable compensation arrangement or benefit, equity or fringe benefit plan or program or grant or your Employment Agreement, payable in accordance therewith and (iv) any accrued but unpaid Annual Bonus due with respect to any calendar year preceding the calendar year in which the Separation Date occurs. You acknowledge that, other than as set forth in this Agreement in connection with your employment and termination thereof, you are not entitled to any additional compensation, benefits, or notice and that no promises, commitments, or representations to the contrary have been made to you. For the avoidance of doubt, other than as set forth in this Agreement, your participation in all benefits and incidents of employment shall cease on the Separation Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance</u>. Subject to the execution and non-revocation of the release of claims in respect of the Company and its respective affiliates attached to this Agreement as <u>Exhibit B</u> (the "<u>Release</u>") (subject to the review period to which you are entitled under the Release) and your execution of the Supplemental Release attached to this Agreement as <u>Exhibit C</u> (the "<u>Supplemental Release</u>"), the Company shall provide you the separation payments and benefits

set forth on <u>Exhibit A</u> hereto in full satisfaction of all outstanding obligations owed to you by the Company, with such payments to be made no later than the first payroll following the effective date of the Release (subject to any delay period required under Section 409A).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Equity-Based Awards</u>. All your outstanding RSUs, and all PSUs after giving effect to the determinations referred to in this sentence below, shall vest and be cancelled in exchange for a lump-sum cash payment equal to the product of the number of shares of Company Common Stock subject to such RSUs and PSUs and $38.50 (with the number of PSUs vesting and cashing out determined based on attainment of all applicable performance goals at the greater of target and actual level of performance, with such performance factors measured on a prorated basis) and otherwise be treated in accordance with the terms of the applicable Company long-term incentive plan and award agreements thereunder and the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severability</u>. The parties have entered into this Agreement for the purposes herein expressed, with the intention that this Agreement be given full effect to carry out such purposes. Therefore, consistent with the effectuation of the purposes hereof, the invalidity or unenforceability of any provision hereof or part thereof shall not affect the validity or enforceability of any other provision hereof or any other part of such provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Survival</u>. Notwithstanding the termination of your employment as of the Separation Date, Sections 6 through 22 of the Employment Agreement shall survive such termination and remain in full force and effect in accordance with their terms. All other provisions of the Employment Agreement shall be deemed terminated and of no further force or effect as of the Separation Date. These surviving provisions of the Employment Agreement include, but are not limited to, the restrictive covenants to which you are currently subject. You represent that, prior to the date hereof, no waiver of such covenants contemplated by Section 15 of the Employment Agreement has been given to you in any form, and you acknowledge that any such waiver following the date hereof would require the consent of Parent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Cooperation</u>. You reaffirm your ongoing cooperation covenant set forth in the Employment Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>. This Agreement, the rights and obligations of the parties hereto, and any claims or disputes relating thereto, shall be governed by and construed in accordance with the laws of the State of Delaware (but not including any choice of law rule thereof that would cause the laws of another jurisdiction to apply).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Withholding</u>. The Company shall withhold from any and all amounts payable under this Agreement or otherwise such federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation, and all payments under this Agreement shall be in amounts net of any such deductions or withholdings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Amendment</u>. This Agreement may be modified or amended only by express agreement of the parties hereto in writing, assenting to such modification or amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Waiver</u>. No waiver by any party of any provision hereof or part thereof at any time shall constitute or evidence a waiver by such party of any other provision or other part of such provision or of the same provision or part at any other time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Successors</u>. This Agreement shall be binding upon and shall inure to the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger; *provided*, *however*, that the Company or Parent, as applicable, shall assign this Agreement to, and all rights and obligations hereunder, shall inure to the benefit of and be binding upon, any person, firm, corporation or other entity resulting from the reorganization of the Company or Parent, as applicable, or succeeding to the business or assets of the Company or Parent, as applicable, by purchase, merger, consolidation or otherwise.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

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| | |
|:---|:---|
| FRONTIER COMMUNICATIONS PARENT, INC. | FRONTIER COMMUNICATIONS PARENT, INC. |
| By: /s/ Alan Gardner | By: /s/ Alan Gardner |
| Name: | Alan Gardner |
| Title: | EVP, Chief People Officer |
| Date: | January 16, 2026 |
| EXECUTIVE | EXECUTIVE |
| By: /s/ John Stratton | By: /s/ John Stratton |
| Name: | John Stratton |
| Title: | Executive Chairman |
| Date: | January 16, 2026 |

---

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#### EXHIBIT A

<u>Separation Payments and Benefits</u>

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, filed February 18, 2021 (the "<u>Employment Agreement</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance Amount</u>. As required by the Employment Agreement, you shall be paid an amount in cash of $6,000,000, which is equal to two-times the sum of (i) your Base Salary plus (ii) Target Annual Bonus. Due to restrictions under Section 409A of the Internal Revenue Code, severance will be paid in two installments, consisting of $4,220,000 paid on the first business day following the later of the expiration of the revocation period set forth in the Release and the Closing and $1,780,000 paid approximately six months after such date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Pro Rata Annual Bonus for 2026</u>. You shall be paid a prorated annual bonus for 2026 in the amount of $109,589.04, which is equal to the product of (A) the Target Annual Bonus multiplied by (B) a fraction, the numerator of which is the number of days during the applicable calendar year that you were employed with the Company, and the denominator of which is the total number of calendar days during the applicable calendar year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>COBRA Continuation</u>. A lump sum cash payment equal to 18 times the monthly premium required to be paid by you to continue your group health plan coverage as in effect for the year in which the Separation Date occurs, based on the monthly COBRA premium in effect as of the Separation Date. This lump sum, based on your benefit elections for 2026, is $18,830.52 (equivalent to $1,046.14 monthly for 18 months). Since this coverage crosses plan years, and Parent may modify the available coverage, the monthly premium may change and Parent will notify you of any such changes. You will receive a COBRA notice from HealthEquity/WageWorks, the Company's COBRA administrator, approximately three weeks after termination of employment. You are required to actively enroll in COBRA to retain coverage under COBRA during the continuation period.

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#### EXHIBIT B

#### GENERAL

#### RELEASE

I, John Stratton, in consideration of and subject to the performance by Frontier Communications Parent, Inc. (together with its subsidiaries, the "<u>Company</u>"), of its obligations under the Employment Agreement, filed on February 18, 2021 (the "<u>Employment</u> <u>Agreement</u>"), do hereby release and forever discharge, as of the date hereof, the Company and its Subsidiaries and Affiliates (which term "Affiliate" for purposes of this General Release includes Verizon Communications Inc. ("<u>Parent</u>"), and all of their respective present, former and future managers, directors, officers, stakeholders, employees, successors and assigns of the Company and its Subsidiaries and Affiliates and direct or indirect owners (collectively, the "<u>Released Parties</u>") to the extent provided below (together with the Supplemental Release attached as <u>Exhibit C</u>, this "<u>General Release</u>"). The Released Parties are intended to be third-party beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise defined shall have the meanings given to them in the Employment Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. My employment with the Company will terminate effective as of, and contingent upon, the closing of the Merger (as defined in the agreement to which this <u>Exhibit B</u> is attached (such agreement, the " <u>Separation Agreement</u> ")), and as of such date I hereby resign
 from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any other member of the Company Group (or reaffirm any such resignation that may have already occurred). I
 understand that any payments or benefits paid or granted to me under Section 3 of the Separation Agreement represent, in part, consideration for signing this General Release and are not salary, wages or benefits to which I was already
 entitled. I understand and agree that I will not receive the payments and benefits specified in Section 3 of the Separation Agreement unless I execute this General Release and do not revoke this General Release within the time period
 permitted hereafter. I understand and agree that such payments and benefits are subject to the provisions of the Employment Agreement addressing confidentiality, restrictive covenants, and ongoing cooperation, which (as noted below)
 expressly survive my termination of employment and the execution of this General Release. Such payments and benefits will not be considered compensation for purposes of any employee benefit plan, program, policy or arrangement maintained or
 hereafter established by the Company or its affiliates. I acknowledge that, in view of the nature of the business and the business objectives of the Company in entering into the Separation Agreement and engaging me, the restrictions
 contained in the Employment Agreement are reasonably necessary to protect the interests of the Company, and that any violation of such restrictions could result in irreparable injury to the Company for which damages will not be an adequate
 remedy. The rights and remedies of the Company are not exclusive of, limited by or in limitation of any other rights or remedies which it may have, whether at law, in equity, by contract or otherwise, all of which shall be cumulative.

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#### EXHIBIT B

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Except as provided in paragraphs 4 and 5 below, I knowingly and voluntarily (for myself and my heirs, executors, administrators and assigns) release and forever discharge the
 Company and the other Released Parties from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages, punitive or exemplary damages, other
 damages, claims for costs and attorneys' fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date on which I execute this General Release) and whether known or unknown, suspected, or
 claimed against the Company or any of the Released Parties, which I, my spouse, or any of my heirs, executors, administrators or assigns may have, which arise out of or are connected with my employment with, or my separation or termination
 from, the Company (including, but not limited to, any allegation, claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age Discrimination in Employment Act of 1967, as
 amended (including the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining and Notification
 Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or local counterparts; or under any other federal, state or local civil or human rights law, or
 under any other local, state or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any claim for wrongful
 discharge, breach of contract, infliction of emotional distress, defamation; or any claim for costs, fees, or other expenses, including attorneys' fees incurred in these matters) (all of the foregoing collectively referred to herein as the
 " <u>Claims</u> ").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. I represent that I have made no assignment or transfer of any right, claim, demand, cause of action or other matter covered by paragraph 2 above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. I agree that this General Release does not waive or release any rights or claims that I may have under the Age Discrimination in Employment Act of 1967 that arise after the date I
 execute this General Release and the Supplemental Release. I acknowledge and agree that my separation from employment with the Company in compliance with the terms of the Employment Agreement shall not serve as the basis for any claim or
 action (including, without limitation, any claim under the Age Discrimination in Employment Act of 1967).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. I agree that I hereby waive all rights to sue or obtain equitable, remedial or punitive relief from any or all Released Parties of any kind whatsoever in respect of any Claim,
 including, without limitation, reinstatement, back pay, front pay and any form of injunctive relief. Notwithstanding the above, I further acknowledge that I am not waiving and am not being required to waive any right that cannot be waived
 under law, including the right to file an administrative charge or participate in an administrative investigation or proceeding; <u>provided</u>, <u>however</u>, that I disclaim and waive any right to share or participate in any monetary award resulting from the prosecution of such charge or investigation or
 proceeding. Additionally, I am not waiving (a) any right to the Accrued Benefits or any severance benefits to which I am entitled under the Employment Agreement, (b) any claim relating to directors' and officers' liability insurance
 coverage or any right of indemnification under the Company's organizational documents, the Employment Agreement, my indemnification agreement or otherwise, or (c) my rights as an equity or security holder in the Company or its Affiliates
 that exist pursuant to the terms of the applicable agreement(s) or applicable law.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every one of the Claims hereinabove mentioned or implied. I expressly
 consent that this General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected Claims (notwithstanding any state or local statute
 that expressly limits the effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I acknowledge and agree that this waiver
 is an essential and material term of this General Release and that without such waiver the Company would not have agreed to the terms of the Employment Agreement. I further agree that in the event I should bring a Claim seeking damages
 against the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf, this General Release shall serve as a complete defense to such Claims to the maximum extent
 permitted by law. I further agree that I am not aware of any pending claim of the type described in paragraph 2 above as of the execution of this General Release and the Supplemental Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. I agree that neither this General Release, nor the furnishing of the consideration for this General Release, shall be deemed or construed at any time to be an admission by the
 Company, any Released Party or myself of any improper or unlawful conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. I agree that I will forfeit all severance benefits payable by the Company pursuant to the Employment Agreement and any other amounts payable by the Company pursuant to the
 Employment Agreement that are subject to the effectiveness of this General Release if I challenge the validity of this General Release. I also agree that if I violate this General Release by suing the Company or the other Released Parties,
 I will pay all costs and expenses of defending against the suit incurred by the Released Parties, including reasonable attorneys' fees, and return all payments received by me pursuant to the Employment Agreement on or after the termination
 of my employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. I agree that this General Release and the Employment Agreement are confidential and agree not to disclose any information regarding the terms of this General Release, the
 Separation Agreement or the Employment Agreement, except to my immediate family and any tax, legal or other counsel I have consulted regarding the meaning or effect hereof or as required by law, and I will instruct each of the foregoing not
 to disclose the same to anyone. The Company agrees to disclose any such information only to any tax, legal or other counsel of the Company as required by law. The foregoing shall apply to the extent this General Release (or the form
 thereof) is required to be included in any public filing of the Company.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Any nondisclosure provision in this General Release does not prohibit or restrict me (or my attorney) from responding to any inquiry about this General Release or its underlying
 facts and circumstances by the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, Inc. (NASD) or any other self-regulatory organization or governmental entity or otherwise limit the scope of any
 protections that may apply to me under any applicable whistleblower laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. I hereby acknowledge that Sections 6 through 22 of the Employment Agreement shall survive my execution of this General Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. I represent that I am not aware of any claim by me other than the claims that are released by this General Release. I acknowledge that I may hereafter discover claims or facts in
 addition to or different than those that I now know or believe to exist with respect to the subject matter of the release set forth in paragraph 2 above and that, if known or suspected at the time of entering into this General Release, may
 have materially affected this General Release and my decision to enter into it.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish, diminish or in any way affect any rights or claims arising out of any
 breach by the Company or by any Released Party of the Employment Agreement after the date hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. Whenever possible, each provision of this General Release shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
 General Release is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other
 jurisdiction, but this General Release shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. This Release shall be binding upon and inure to
 the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger.

BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND AGREE THAT:

<br> 1. I HAVE READ IT CAREFULLY;

2. I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING, BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED;

<br> 3. I VOLUNTARILY CONSENT TO EVERYTHING IN IT;

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<br> 4. I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION;

5. I HAVE HAD AT LEAST **21** DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE TO CONSIDER IT AND THE CHANGES MADE SINCE MY RECEIPT OF THIS RELEASE ARE NOT MATERIAL OR WERE MADE AT MY REQUEST AND WILL NOT RESTART THE REQUIRED **21**-DAY PERIOD;

<br> 6. I UNDERSTAND THAT I HAVE SEVEN DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED;

<br> 7. I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND

<br> 8. I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME.

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| | | | |
|:---|:---|:---|:---|
| SIGNED: | /s/ John Stratton | DATED: | January 16, 2026 |
|  | John Stratton |  |  |

---

------

## Exhibit 5.2

------

**Exhibit 5.2**<br>

January 16, 2026

#### Via E-Mail
Nick.Jeffery@ftr.com

RE: Separation Agreement

Dear Mr. Jeffery:

Frontier Communications Parent, Inc., a Delaware corporation (the "<u>Company</u>") acknowledges that you have submitted a resignation letter, dated January 16, 2026, which resigns your employment with the Company for Good Reason effective upon the closing of the merger (the "<u>Merger</u>") by and among the Company, Verizon Communications Inc. ("<u>Parent</u>") and France Merger Sub Inc. ("<u>Merger Sub</u>") pursuant to the Agreement and Plan of Merger, dated September 4, 2024 (the "<u>Merger Agreement</u>"). The Company hereby waives the 30-day Good Reason cure period (including any required actions by you during the cure period) under the Employment Agreement. The effectiveness of this Agreement is contingent upon the closing of the Merger (the "<u>Closing</u>").

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, dated December 7, 2020 (the "<u>Employment Agreement</u>").

You and the Company hereby agree that this Separation Agreement (this "<u>Agreement</u>") sets forth the terms of your separation from employment with the Company and its subsidiaries and affiliates.

In consideration of the covenants and agreements hereafter set forth and other good and valuable consideration, the receipt and sufficiency of which you and the Company acknowledge, you and the Company covenant and agree, as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Separation from Employment</u>. You and the Company hereby acknowledge and agree that your employment, including your service in all positions that you hold with the Company and its subsidiaries and affiliates, including as an officer of the Company and as a member of the Company's board of directors, shall end effective as of, and contingent upon, the date of the Closing (the "<u>Separation Date</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Accrued Amounts; Benefits</u>. You and the Company acknowledge and agree that you are entitled to receive payment of the Accrued Benefits as defined in the Employment Agreement, which for the avoidance of doubt include (i) any earned but unpaid Base Salary and any accrued but unused paid time off (if any), in each case, through the Separation Date, (ii) reimbursement for any unreimbursed business expenses incurred through the Separation Date, (iii) all other payments, benefits or fringe benefits to which you shall be entitled to under the terms of any applicable compensation arrangement or benefit, equity or fringe benefit plan or program or grant or your Employment Agreement, payable in accordance therewith and (iv) any accrued but unpaid Annual Bonus due with respect to any calendar year preceding the calendar year in which the Separation Date occurs. You acknowledge that, other than as set forth in this Agreement in connection with your employment and termination thereof, you are not entitled to any additional compensation, benefits, or notice and that no promises, commitments, or representations to the contrary have been made to you. For the avoidance of doubt, other than as set forth in this Agreement, your participation in all benefits and incidents of employment shall cease on the Separation Date.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance</u>. Subject to the execution and non-revocation of the release of claims in respect of the Company and its respective affiliates attached to this Agreement as <u>Exhibit B</u> (the "<u>Release</u>") (subject to the review period to which you are entitled under the Release) and your execution of the Supplemental Release attached to this Agreement as <u>Exhibit C</u> (the "<u>Supplemental Release</u>"), the Company shall provide you the separation payments and benefits set forth on <u>Exhibit A</u> hereto in full satisfaction of all outstanding obligations owed to you by the Company, with such payments to be made no later than the first payroll following the effective date of the Release (subject to any delay period required under Section 409A).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Equity-Based Awards</u>. All your outstanding RSUs, and all PSUs after giving effect to the determinations referred to in this sentence below, shall vest and be cancelled in exchange for a lump-sum cash payment equal to the product of the number of shares of Company Common Stock subject to such RSUs and PSUs and $38.50 (with the number of PSUs vesting and cashing out determined based on attainment of all applicable performance goals at the greater of target and actual level of performance, with such performance factors measured on a prorated basis) and otherwise be treated in accordance with the terms of the applicable Company long-term incentive plan and award agreements thereunder and the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severability</u>. The parties have entered into this Agreement for the purposes herein expressed, with the intention that this Agreement be given full effect to carry out such purposes. Therefore, consistent with the effectuation of the purposes hereof, the invalidity or unenforceability of any provision hereof or part thereof shall not affect the validity or enforceability of any other provision hereof or any other part of such provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Survival</u>. Notwithstanding the termination of your employment as of the Separation Date, Sections 6 through 22 of the Employment Agreement shall survive such termination and remain in full force and effect in accordance with their terms. All other provisions of the Employment Agreement shall be deemed terminated and of no further force or effect as of the Separation Date. These surviving provisions of the Employment Agreement include, but are not limited to, the restrictive covenants to which you are currently subject. You represent that, prior to the date hereof, no waiver of such covenants contemplated by Section 15 of the Employment Agreement has been given to you in any form, and you acknowledge that any such waiver following the date hereof would require the consent of Parent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Cooperation</u>. You reaffirm your ongoing cooperation covenant set forth in the Employment Agreement.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>. This Agreement, the rights and obligations of the parties hereto, and any claims or disputes relating thereto, shall be governed by and construed in accordance with the laws of the State of Delaware (but not including any choice of law rule thereof that would cause the laws of another jurisdiction to apply).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Withholding</u>. The Company shall withhold from any and all amounts payable under this Agreement or otherwise such federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation, and all payments under this Agreement shall be in amounts net of any such deductions or withholdings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Amendment</u>. This Agreement may be modified or amended only by express agreement of the parties hereto in writing, assenting to such modification or amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Waiver</u>. No waiver by any party of any provision hereof or part thereof at any time shall constitute or evidence a waiver by such party of any other provision or other part of such provision or of the same provision or part at any other time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Successors</u>. This Agreement shall be binding upon and shall inure to the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger; *provided*, *however*, that the Company or Parent, as applicable, shall assign this Agreement to, and all rights and obligations hereunder, shall inure to the benefit of and be binding upon, any person, firm, corporation or other entity resulting from the reorganization of the Company or Parent, as applicable, or succeeding to the business or assets of the Company or Parent, as applicable, by purchase, merger, consolidation or otherwise.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

---

| | |
|:---|:---|
| FRONTIER COMMUNICATIONS PARENT, INC. | FRONTIER COMMUNICATIONS PARENT, INC. |
| By: /s/ Alan Gardner | By: /s/ Alan Gardner |
| Name: | Alan Gardner |
| Title: | EVP, Chief People Officer |
| Date: | January 16, 2026 |
| EXECUTIVE | EXECUTIVE |
| By: /s/ Nick Jeffery | By: /s/ Nick Jeffery |
| Name: | Nick Jeffery |
| Title: | President & CEO |
| Date: | January 16, 2026 |

---

------

#### EXHIBIT A

<u>Separation Payments and Benefits</u>

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, dated December 7, 2020 (the "<u>Employment Agreement</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance Amount</u>. As required by the Employment Agreement, you shall be paid an amount in cash of $7,800,000, which is equal to two-times the sum of (i) your Base Salary plus (ii) Target Annual Bonus. Due to restrictions under Section 409A of the Internal Revenue Code, severance will be paid in two installments, consisting of $5,270,000 paid on the first business day following the later of the expiration of the revocation period set forth in the Release and the Closing and $2,530,000 paid approximately six months after such date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Pro Rata Annual Bonus for 2026</u>. You shall be paid a prorated annual bonus for 2026 in the amount of $142,465.75, which is equal to the product of (A) the Target Annual Bonus multiplied by (B) a fraction, the numerator of which is the number of days during the applicable calendar year that you were employed with the Company, and the denominator of which is the total number of calendar days during the applicable calendar year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>COBRA Continuation</u>. A lump sum cash payment equal to 18 times the monthly premium required to be paid by you to continue your group health plan coverage as in effect for the year in which the Separation Date occurs, based on the monthly COBRA premium in effect as of the Separation Date. This lump sum, based on your benefit elections for 2026, is $22,636.44 (equivalent to $1,257.58 monthly for 18 months). Since this coverage crosses plan years, and Parent may modify the available coverage, the monthly premium may change and Parent will notify you of any such changes. You will receive a COBRA notice from HealthEquity/WageWorks, the Company's COBRA administrator, approximately three weeks after termination of employment. You are required to actively enroll in COBRA to retain coverage under COBRA during the continuation period.

------

#### EXHIBIT B

#### GENERAL

#### RELEASE

I, Nick Jeffery, in consideration of and subject to the performance by Frontier Communications Parent, Inc. (together with its subsidiaries, the "<u>Company</u>"), of its obligations under the Employment Agreement, dated December 7, 2020 (the "<u>Employment</u> <u>Agreement</u>"), do hereby release and forever discharge, as of the date hereof, the Company and its Subsidiaries and Affiliates (which term "Affiliate" for purposes of this General Release includes Verizon Communications Inc. ("<u>Parent</u>"), and all of their respective present, former and future managers, directors, officers, stakeholders, employees, successors and assigns of the Company and its Subsidiaries and Affiliates and direct or indirect owners (collectively, the "<u>Released Parties</u>") to the extent provided below (together with the Supplemental Release attached as <u>Exhibit C</u>, this "<u>General Release</u>"). The Released Parties are intended to be third-party beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise defined shall have the meanings given to them in the Employment Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. My employment with the Company will terminate effective as of, and contingent upon, the closing of the Merger (as defined in the agreement to which this <u>Exhibit B</u> is attached (such agreement, the " <u>Separation Agreement</u> ")), and as of such date I hereby resign
 from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any other member of the Company Group (or reaffirm any such resignation that may have already occurred). I
 understand that any payments or benefits paid or granted to me under Section 3 of the Separation Agreement represent, in part, consideration for signing this General Release and are not salary, wages or benefits to which I was already
 entitled. I understand and agree that I will not receive the payments and benefits specified in Section 3 of the Separation Agreement unless I execute this General Release and do not revoke this General Release within the time period
 permitted hereafter. I understand and agree that such payments and benefits are subject to the provisions of the Employment Agreement addressing confidentiality, restrictive covenants, and ongoing cooperation, which (as noted below)
 expressly survive my termination of employment and the execution of this General Release. Such payments and benefits will not be considered compensation for purposes of any employee benefit plan, program, policy or arrangement maintained
 or hereafter established by the Company or its affiliates. I acknowledge that, in view of the nature of the business and the business objectives of the Company in entering into the Separation Agreement and engaging me, the restrictions
 contained in the Employment Agreement are reasonably necessary to protect the interests of the Company, and that any violation of such restrictions could result in irreparable injury to the Company for which damages will not be an
 adequate remedy. The rights and remedies of the Company are not exclusive of, limited by or in limitation of any other rights or remedies which it may have, whether at law, in equity, by contract or otherwise, all of which shall be
 cumulative.

------

#### EXHIBIT B

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Except as provided in paragraphs 4 and 5 below, I knowingly and voluntarily (for myself and my heirs, executors, administrators and assigns) release and forever discharge the
 Company and the other Released Parties from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages, punitive or exemplary damages, other
 damages, claims for costs and attorneys' fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date on which I execute this General Release) and whether known or unknown, suspected, or
 claimed against the Company or any of the Released Parties, which I, my spouse, or any of my heirs, executors, administrators or assigns may have, which arise out of or are connected with my employment with, or my separation or
 termination from, the Company (including, but not limited to, any allegation, claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age Discrimination in Employment Act
 of 1967, as amended (including the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining and
 Notification Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or local counterparts; or under any other federal, state or local civil or human
 rights law, or under any other local, state or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any claim
 for wrongful discharge, breach of contract, infliction of emotional distress, defamation; or any claim for costs, fees, or other expenses, including attorneys' fees incurred in these matters) (all of the foregoing collectively referred to
 herein as the " <u>Claims</u> ").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. I represent that I have made no assignment or transfer of any right, claim, demand, cause of action or other matter covered by paragraph 2 above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. I agree that this General Release does not waive or release any rights or claims that I may have under the Age Discrimination in Employment Act of 1967 that arise after the date
 I execute this General Release and the Supplemental Release. I acknowledge and agree that my separation from employment with the Company in compliance with the terms of the Employment Agreement shall not serve as the basis for any claim
 or action (including, without limitation, any claim under the Age Discrimination in Employment Act of 1967).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. I agree that I hereby waive all rights to sue or obtain equitable, remedial or punitive relief from any or all Released Parties of any kind whatsoever in respect of any Claim,
 including, without limitation, reinstatement, back pay, front pay and any form of injunctive relief. Notwithstanding the above, I further acknowledge that I am not waiving and am not being required to waive any right that cannot be waived
 under law, including the right to file an administrative charge or participate in an administrative investigation or proceeding; <u>provided</u>, <u>however</u>, that I disclaim and waive any right to share or participate in any monetary award resulting from the prosecution of such charge or investigation or
 proceeding. Additionally, I am not waiving (a) any right to the Accrued Benefits or any severance benefits to which I am entitled under the Employment Agreement, (b) any claim relating to directors' and officers' liability insurance
 coverage or any right of indemnification under the Company's organizational documents, the Employment Agreement, my indemnification agreement or otherwise, or (c) my rights as an equity or security holder in the Company or its Affiliates
 that exist pursuant to the terms of the applicable agreement(s) or applicable law.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every one of the Claims hereinabove mentioned or implied. I expressly
 consent that this General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected Claims (notwithstanding any state or local statute
 that expressly limits the effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I acknowledge and agree that this
 waiver is an essential and material term of this General Release and that without such waiver the Company would not have agreed to the terms of the Employment Agreement. I further agree that in the event I should bring a Claim seeking
 damages against the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf, this General Release shall serve as a complete defense to such Claims to the maximum
 extent permitted by law. I further agree that I am not aware of any pending claim of the type described in paragraph 2 above as of the execution of this General Release and the Supplemental Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. I agree that neither this General Release, nor the furnishing of the consideration for this General Release, shall be deemed or construed at any time to be an admission by the
 Company, any Released Party or myself of any improper or unlawful conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. I agree that I will forfeit all severance benefits payable by the Company pursuant to the Employment Agreement and any other amounts payable by the Company pursuant to the
 Employment Agreement that are subject to the effectiveness of this General Release if I challenge the validity of this General Release. I also agree that if I violate this General Release by suing the Company or the other Released
 Parties, I will pay all costs and expenses of defending against the suit incurred by the Released Parties, including reasonable attorneys' fees, and return all payments received by me pursuant to the Employment Agreement on or after the
 termination of my employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. I agree that this General Release and the Employment Agreement are confidential and agree not to disclose any information regarding the terms of this General Release, the
 Separation Agreement or the Employment Agreement, except to my immediate family and any tax, legal or other counsel I have consulted regarding the meaning or effect hereof or as required by law, and I will instruct each of the foregoing
 not to disclose the same to anyone. The Company agrees to disclose any such information only to any tax, legal or other counsel of the Company as required by law. The foregoing shall apply to the extent this General Release (or the form
 thereof) is required to be included in any public filing of the Company.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Any nondisclosure provision in this General Release does not prohibit or restrict me (or my attorney) from responding to any inquiry about this General Release or its underlying
 facts and circumstances by the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, Inc. (NASD) or any other self-regulatory organization or governmental entity or otherwise limit the scope of any
 protections that may apply to me under any applicable whistleblower laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. I hereby acknowledge that Sections 6 through 22 of the Employment Agreement shall survive my execution of this General Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. I represent that I am not aware of any claim by me other than the claims that are released by this General Release. I acknowledge that I may hereafter discover claims or facts in
 addition to or different than those that I now know or believe to exist with respect to the subject matter of the release set forth in paragraph 2 above and that, if known or suspected at the time of entering into this General Release,
 may have materially affected this General Release and my decision to enter into it.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish, diminish or in any way affect any rights or claims arising out of any
 breach by the Company or by any Released Party of the Employment Agreement after the date hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. Whenever possible, each provision of this General Release shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
 General Release is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other
 jurisdiction, but this General Release shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. This Release shall be binding upon and inure to
 the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger.

BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND AGREE THAT:

<br> 1. I HAVE READ IT CAREFULLY;

2. I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING, BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED;

<br> 3. I VOLUNTARILY CONSENT TO EVERYTHING IN IT;

------

<br> 4. I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION;

5. I HAVE HAD AT LEAST **21** DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE TO CONSIDER IT AND THE CHANGES MADE SINCE MY RECEIPT OF THIS RELEASE ARE NOT MATERIAL OR WERE MADE AT MY REQUEST AND WILL NOT RESTART THE REQUIRED **21**-DAY PERIOD;

<br> 6. I UNDERSTAND THAT I HAVE SEVEN DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED;

<br> 7. I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND

<br> 8. I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME.

---

| | | | |
|:---|:---|:---|:---|
| SIGNED: | /s/ Nick Jeffery | DATED: | January 16, 2026 |
|  | Nick Jeffery |  |  |

---

------

## Exhibit 5.3

------

**Exhibit 5.3**<br>

January 16, 2026

#### Via E-Mail
Scott.Beasley@ftr.com RE: Separation Agreement

Dear Mr. Beasley:

Frontier Communications Parent, Inc., a Delaware corporation (the "<u>Company</u>") acknowledges that you have submitted a resignation letter, dated January 16, 2026, which resigns your employment with the Company for Good Reason effective upon the closing of the merger (the "<u>Merger</u>") by and among the Company, Verizon Communications Inc. ("<u>Parent</u>") and France Merger Sub Inc. ("<u>Merger Sub</u>") pursuant to the Agreement and Plan of Merger, dated September 4, 2024 (the "<u>Merger Agreement</u>"). The Company hereby waives the 30-day Good Reason cure period (including any required actions by you during the cure period) under the Employment Agreement. The effectiveness of this Agreement is contingent upon the closing of the Merger (the "<u>Closing</u>").

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, dated May 25, 2021 (the "<u>Employment Agreement</u>").

You and the Company hereby agree that this Separation Agreement (this "<u>Agreement</u>") sets forth the terms of your separation from employment with the Company and its subsidiaries and affiliates.

In consideration of the covenants and agreements hereafter set forth and other good and valuable consideration, the receipt and sufficiency of which you and the Company acknowledge, you and the Company covenant and agree, as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Separation from Employment</u>. You and the Company hereby acknowledge and agree that your employment, including your service in all positions that you hold with the Company and its subsidiaries and affiliates, including as an officer of the Company, shall end effective as of, and contingent upon, the date of the Closing (the "<u>Separation Date</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Accrued Amounts; Benefits</u>. You and the Company acknowledge and agree that you are entitled to receive payment of the Accrued Benefits as defined in the Employment Agreement, which for the avoidance of doubt include (i) any earned but unpaid Base Salary and any accrued but unused paid time off (if any), in each case, through the Separation Date, (ii) reimbursement for any unreimbursed business expenses incurred through the Separation Date, (iii) all other payments, benefits or fringe benefits to which you shall be entitled to under the terms of any applicable compensation arrangement or benefit, equity or fringe benefit plan or program or grant or your Employment Agreement, payable in accordance therewith and (iv) any accrued but unpaid Annual Bonus due with respect to any calendar year preceding the calendar year in which the Separation Date occurs. You acknowledge that, other than as set forth in this Agreement in connection with your employment and termination thereof, you are not entitled to any additional compensation, benefits, or notice and that no promises, commitments, or representations to the contrary have been made to you. For the avoidance of doubt, other than as set forth in this Agreement, your participation in all benefits and incidents of employment shall cease on the Separation Date.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance</u>. Subject to the execution and non-revocation of the release of claims in respect of the Company and its respective affiliates attached to this Agreement as <u>Exhibit B</u> (the "<u>Release</u>") (subject to the review period to which you are entitled under the Release) and your execution of the Supplemental Release attached to this Agreement as <u>Exhibit C</u> (the "<u>Supplemental Release</u>"), the Company shall provide you the separation payments and benefits set forth on <u>Exhibit A</u> hereto in full satisfaction of all outstanding obligations owed to you by the Company, with such payments to be made no later than the first payroll following the effective date of the Release (subject to any delay period required under Section 409A).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Equity-Based Awards</u>. All your outstanding RSUs, and all PSUs after giving effect to the determinations referred to in this sentence below, shall vest and be cancelled in exchange for a lump-sum cash payment equal to the product of the number of shares of Company Common Stock subject to such RSUs and PSUs and $38.50 (with the number of PSUs vesting and cashing out determined based on attainment of all applicable performance goals at the greater of target and actual level of performance, with such performance factors measured on a prorated basis) and otherwise be treated in accordance with the terms of the applicable Company long-term incentive plan and award agreements thereunder and the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severability</u>. The parties have entered into this Agreement for the purposes herein expressed, with the intention that this Agreement be given full effect to carry out such purposes. Therefore, consistent with the effectuation of the purposes hereof, the invalidity or unenforceability of any provision hereof or part thereof shall not affect the validity or enforceability of any other provision hereof or any other part of such provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Survival</u>. Notwithstanding the termination of your employment as of the Separation Date, Sections 5 through 21 of the Employment Agreement shall survive such termination and remain in full force and effect in accordance with their terms. All other provisions of the Employment Agreement shall be deemed terminated and of no further force or effect as of the Separation Date. These surviving provisions of the Employment Agreement include, but are not limited to, the restrictive covenants to which you are currently subject. You represent that, prior to the date hereof, no waiver of such covenants contemplated by Section 14 of the Employment Agreement has been given to you in any form, and you acknowledge that any such waiver following the date hereof would require the consent of Parent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Cooperation</u>. You reaffirm your ongoing cooperation covenant set forth in the Employment Agreement.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>. This Agreement, the rights and obligations of the parties hereto, and any claims or disputes relating thereto, shall be governed by and construed in accordance with the laws of the State of Delaware (but not including any choice of law rule thereof that would cause the laws of another jurisdiction to apply).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Withholding</u>. The Company shall withhold from any and all amounts payable under this Agreement or otherwise such federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation, and all payments under this Agreement shall be in amounts net of any such deductions or withholdings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Amendment</u>. This Agreement may be modified or amended only by express agreement of the parties hereto in writing, assenting to such modification or amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Waiver</u>. No waiver by any party of any provision hereof or part thereof at any time shall constitute or evidence a waiver by such party of any other provision or other part of such provision or of the same provision or part at any other time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Successors</u>. This Agreement shall be binding upon and shall inure to the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger; *provided*, *however*, that the Company or Parent, as applicable, shall assign this Agreement to, and all rights and obligations hereunder, shall inure to the benefit of and be binding upon, any person, firm, corporation or other entity resulting from the reorganization of the Company or Parent, as applicable, or succeeding to the business or assets of the Company or Parent, as applicable, by purchase, merger, consolidation or otherwise.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

------

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

---

| | |
|:---|:---|
| FRONTIER COMMUNICATIONS PARENT, INC. | FRONTIER COMMUNICATIONS PARENT, INC. |
| By: /s/ Alan Gardner | By: /s/ Alan Gardner |
| Name: | Alan Gardner |
| Title: | EVP, Chief People Officer |
| Date: | January 16, 2026 |
| EXECUTIVE | EXECUTIVE |
| By: /s/ Scott Beasley | By: /s/ Scott Beasley |
| Name: | Scott Beasley |
| Title: | EVP, Chief Financial Officer |
| Date: | January 16, 2026 |

---

[*Signature Page to Separation Agreement*]

------

#### EXHIBIT A

<u>Separation Payments and Benefits</u>

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, dated May 25, 2021 (the "<u>Employment Agreement</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance Amount</u>. As required by the Employment Agreement, you shall be paid an amount in cash of $2,250,000, which is equal to one and one-half times the sum of (i) your Base Salary plus (ii) Target Annual Bonus.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Pro Rata Annual Bonus for 2026</u>. You shall be paid a prorated annual bonus for 2026 in the amount of $41,095.89, which is equal to the product of (A) the Target Annual Bonus multiplied by (B) a fraction, the numerator of which is the number of days during the applicable calendar year that you were employed with the Company, and the denominator of which is the total number of calendar days during the applicable calendar year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>COBRA Continuation</u>. A lump sum cash payment equal to 12 times the monthly premium required to be paid by you to continue your group health plan coverage as in effect for the year in which the Separation Date occurs, based on the monthly COBRA premium in effect as of the Separation Date. This lump sum, based on your benefit elections for 2026, is $11,371.68 (equivalent to $947.64 monthly for 12 months). Since this coverage crosses plan years, and Parent may modify the available coverage, the monthly premium may change and Parent will notify you of any such changes. You will receive a COBRA notice from HealthEquity/WageWorks, the Company's COBRA administrator, approximately three weeks after termination of employment. You are required to actively enroll in COBRA to retain coverage under COBRA during the continuation period.

------

#### EXHIBIT B

#### GENERAL

#### RELEASE

I, Scott Beasley, in consideration of and subject to the performance by Frontier Communications Parent, Inc. (together with its subsidiaries, the "<u>Company</u>"), of its obligations under the Employment Agreement, dated as of May 25, 2021 (the "<u>Employment</u> <u>Agreement</u>"), do hereby release and forever discharge, as of the date hereof, the Company and its Subsidiaries and Affiliates (which term "Affiliate" for purposes of this General Release includes Verizon Communications Inc. ("<u>Parent</u>"), and all of their respective present, former and future managers, directors, officers, stakeholders, employees, successors and assigns of the Company and its Subsidiaries and Affiliates and direct or indirect owners (collectively, the "<u>Released Parties</u>") to the extent provided below (together with the Supplemental Release attached as <u>Exhibit C</u>, this "<u>General Release</u>"). The Released Parties are intended to be third-party beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise defined shall have the meanings given to them in the Employment Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. My employment with the Company will terminate effective as of, and contingent upon, the closing of the Merger (as defined in the agreement to which this <u>Exhibit B</u> is attached (such agreement, the " <u>Separation Agreement</u> ")), and as of such date I hereby resign
 from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any other member of the Company Group (or reaffirm any such resignation that may have already occurred). I
 understand that any payments or benefits paid or granted to me under Section 3 of the Separation Agreement represent, in part, consideration for signing this General Release and are not salary, wages or benefits to which I was already
 entitled. I understand and agree that I will not receive the payments and benefits specified in Section 3 of the Separation Agreement unless I execute this General Release and do not revoke this General Release within the time period
 permitted hereafter. I understand and agree that such payments and benefits are subject to the provisions of the Employment Agreement addressing confidentiality, restrictive covenants, and ongoing cooperation, which (as noted below)
 expressly survive my termination of employment and the execution of this General Release. Such payments and benefits will not be considered compensation for purposes of any employee benefit plan, program, policy or arrangement maintained
 or hereafter established by the Company or its affiliates. I acknowledge that, in view of the nature of the business and the business objectives of the Company in entering into the Separation Agreement and engaging me, the restrictions
 contained in the Employment Agreement are reasonably necessary to protect the interests of the Company, and that any violation of such restrictions could result in irreparable injury to the Company for which damages will not be an
 adequate remedy. The rights and remedies of the Company are not exclusive of, limited by or in limitation of any other rights or remedies which it may have, whether at law, in equity, by contract or otherwise, all of which shall be
 cumulative.

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#### EXHIBIT B

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Except as provided in paragraphs 4 and 5 below, I knowingly and voluntarily (for myself and my heirs, executors, administrators and assigns) release and forever discharge the
 Company and the other Released Parties from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages, punitive or exemplary damages, other
 damages, claims for costs and attorneys' fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date on which I execute this General Release) and whether known or unknown, suspected, or
 claimed against the Company or any of the Released Parties, which I, my spouse, or any of my heirs, executors, administrators or assigns may have, which arise out of or are connected with my employment with, or my separation or
 termination from, the Company (including, but not limited to, any allegation, claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age Discrimination in Employment Act
 of 1967, as amended (including the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining and
 Notification Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or local counterparts; or under any other federal, state or local civil or human
 rights law, or under any other local, state or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any claim
 for wrongful discharge, breach of contract, infliction of emotional distress, defamation; or any claim for costs, fees, or other expenses, including attorneys' fees incurred in these matters) (all of the foregoing collectively referred to
 herein as the " <u>Claims</u> ").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. I represent that I have made no assignment or transfer of any right, claim, demand, cause of action or other matter covered by paragraph 2 above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. I agree that this General Release does not waive or release any rights or claims that I may have under the Age Discrimination in Employment Act of 1967 that arise after the date
 I execute this General Release and the Supplemental Release. I acknowledge and agree that my separation from employment with the Company in compliance with the terms of the Employment Agreement shall not serve as the basis for any claim
 or action (including, without limitation, any claim under the Age Discrimination in Employment Act of 1967).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. I agree that I hereby waive all rights to sue or obtain equitable, remedial or punitive relief from any or all Released Parties of any kind whatsoever in respect of any Claim,
 including, without limitation, reinstatement, back pay, front pay and any form of injunctive relief. Notwithstanding the above, I further acknowledge that I am not waiving and am not being required to waive any right that cannot be waived
 under law, including the right to file an administrative charge or participate in an administrative investigation or proceeding; <u>provided</u>, <u>however</u>, that I disclaim and waive any right to share or participate in any monetary award resulting from the prosecution of such charge or investigation or
 proceeding. Additionally, I am not waiving (a) any right to the Accrued Benefits or any severance benefits to which I am entitled under the Employment Agreement, (b) any claim relating to directors' and officers' liability insurance
 coverage or any right of indemnification under the Company's organizational documents, the Employment Agreement, my indemnification agreement or otherwise, or (c) my rights as an equity or security holder in the Company or its Affiliates
 that exist pursuant to the terms of the applicable agreement(s) or applicable law.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every one of the Claims hereinabove mentioned or implied. I expressly
 consent that this General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected Claims (notwithstanding any state or local statute
 that expressly limits the effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I acknowledge and agree that this
 waiver is an essential and material term of this General Release and that without such waiver the Company would not have agreed to the terms of the Employment Agreement. I further agree that in the event I should bring a Claim seeking
 damages against the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf, this General Release shall serve as a complete defense to such Claims to the maximum
 extent permitted by law. I further agree that I am not aware of any pending claim of the type described in paragraph 2 above as of the execution of this General Release and the Supplemental Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. I agree that neither this General Release, nor the furnishing of the consideration for this General Release, shall be deemed or construed at any time to be an admission by the
 Company, any Released Party or myself of any improper or unlawful conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. I agree that I will forfeit all severance benefits payable by the Company pursuant to the Employment Agreement and any other amounts payable by the Company pursuant to the
 Employment Agreement that are subject to the effectiveness of this General Release if I challenge the validity of this General Release. I also agree that if I violate this General Release by suing the Company or the other Released
 Parties, I will pay all costs and expenses of defending against the suit incurred by the Released Parties, including reasonable attorneys' fees, and return all payments received by me pursuant to the Employment Agreement on or after the
 termination of my employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. I agree that this General Release and the Employment Agreement are confidential and agree not to disclose any information regarding the terms of this General Release, the
 Separation Agreement or the Employment Agreement, except to my immediate family and any tax, legal or other counsel I have consulted regarding the meaning or effect hereof or as required by law, and I will instruct each of the foregoing
 not to disclose the same to anyone. The Company agrees to disclose any such information only to any tax, legal or other counsel of the Company as required by law. The foregoing shall apply to the extent this General Release (or the form
 thereof) is required to be included in any public filing of the Company.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Any nondisclosure provision in this General Release does not prohibit or restrict me (or my attorney) from responding to any inquiry about this General Release or its underlying
 facts and circumstances by the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, Inc. (NASD) or any other self-regulatory organization or governmental entity or otherwise limit the scope of any
 protections that may apply to me under any applicable whistleblower laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. I hereby acknowledge that Sections 5 through 21 of the Employment Agreement shall survive my execution of this General Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. I represent that I am not aware of any claim by me other than the claims that are released by this General Release. I acknowledge that I may hereafter discover claims or facts in
 addition to or different than those that I now know or believe to exist with respect to the subject matter of the release set forth in paragraph 2 above and that, if known or suspected at the time of entering into this General Release,
 may have materially affected this General Release and my decision to enter into it.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish, diminish or in any way affect any rights or claims arising out of any
 breach by the Company or by any Released Party of the Employment Agreement after the date hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. Whenever possible, each provision of this General Release shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
 General Release is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other
 jurisdiction, but this General Release shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. This Release shall be binding upon and inure to
 the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger.

BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND AGREE THAT:

<br> 1. I HAVE READ IT CAREFULLY;

2. I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING, BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED;

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<br> 3. I VOLUNTARILY CONSENT TO EVERYTHING IN IT;

<br> 4. I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION;

5. I HAVE HAD AT LEAST **21** DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE TO CONSIDER IT AND THE CHANGES MADE SINCE MY RECEIPT OF THIS RELEASE ARE NOT MATERIAL OR WERE MADE AT MY REQUEST AND WILL NOT RESTART THE REQUIRED **21**-DAY PERIOD;

<br> 6. I UNDERSTAND THAT I HAVE SEVEN DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED;

<br> 7. I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND

<br> 8. I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME.

---

| | | | |
|:---|:---|:---|:---|
| SIGNED: | /s/ Scott Beasley | DATED: | January 16, 2026 |
|  | Scott Beasley |  |  |

---

------

## Exhibit 5.4

------

**Exhibit 5.4**<br>

January 16, 2026

#### Via E-Mail
Mark.Nielsen@ftr.com RE: Separation Agreement

Dear Mr. Nielsen:

Frontier Communications Parent, Inc., a Delaware corporation (the "<u>Company</u>") acknowledges that you have submitted a resignation letter, dated January 16, 2026, which resigns your employment with the Company for Good Reason effective upon the closing of the merger (the "<u>Merger</u>") by and among the Company, Verizon Communications Inc. ("<u>Parent</u>") and France Merger Sub Inc. ("<u>Merger Sub</u>") pursuant to the Agreement and Plan of Merger, dated September 4, 2024 (the "<u>Merger Agreement</u>"). The Company hereby waives the 30-day Good Reason cure period (including any required actions by you during the cure period) under the Employment Agreement. The effectiveness of this Agreement is contingent upon the closing of the Merger (the "<u>Closing</u>").

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, dated May 1, 2024 (the "<u>Employment Agreement</u>").

You and the Company hereby agree that this Separation Agreement (this "<u>Agreement</u>") sets forth the terms of your separation from employment with the Company and its subsidiaries and affiliates.

In consideration of the covenants and agreements hereafter set forth and other good and valuable consideration, the receipt and sufficiency of which you and the Company acknowledge, you and the Company covenant and agree, as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Separation from Employment</u>. You and the Company hereby acknowledge and agree that your employment, including your service in all positions that you hold with the Company and its subsidiaries and affiliates, including as an officer of the Company, shall end effective as of, and contingent upon, the date of the Closing (the "<u>Separation Date</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Accrued Amounts; Benefits</u>. You and the Company acknowledge and agree that you are entitled to receive payment of the Accrued Benefits as defined in the Employment Agreement, which for the avoidance of doubt include (i) any earned but unpaid Base Salary and any accrued but unused paid time off (if any), in each case, through the Separation Date, (ii) reimbursement for any unreimbursed business expenses incurred through the Separation Date, (iii) all other payments, benefits or fringe benefits to which you shall be entitled to under the terms of any applicable compensation arrangement or benefit, equity or fringe benefit plan or program or grant or your Employment Agreement, payable in accordance therewith and (iv) any accrued but unpaid Annual Bonus due with respect to any calendar year preceding the calendar year in which the Separation Date occurs. You acknowledge that, other than as set forth in this Agreement in connection with your employment and termination thereof, you are not entitled to any additional compensation, benefits, or notice and that no promises, commitments, or representations to the contrary have been made to you. For the avoidance of doubt, other than as set forth in this Agreement, your participation in all benefits and incidents of employment shall cease on the Separation Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance</u>. Subject to the execution and non-revocation of the release of claims in respect of the Company and its respective affiliates attached to this Agreement as <u>Exhibit B</u> (the "<u>Release</u>") (subject to the review period to which you are entitled under the Release) and your execution of the Supplemental Release attached to this Agreement as <u>Exhibit C</u> (the "<u>Supplemental Release</u>"), the Company shall provide you the separation payments and benefits set forth on <u>Exhibit A</u> hereto in full satisfaction of all outstanding obligations owed to you by the Company, with such payments to be made no later than the first payroll following the effective date of the Release (subject to any delay period required under Section 409A).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Equity-Based Awards</u>. All your outstanding RSUs, and all PSUs after giving effect to the determinations referred to in this sentence below, shall vest and be cancelled in exchange for a lump-sum cash payment equal to the product of the number of shares of Company Common Stock subject to such RSUs and PSUs and $38.50 (with the number of PSUs vesting and cashing out determined based on attainment of all applicable performance goals at the greater of target and actual level of performance, with such performance factors measured on a prorated basis) and otherwise be treated in accordance with the terms of the applicable Company long-term incentive plan and award agreements thereunder and the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severability</u>. The parties have entered into this Agreement for the purposes herein expressed, with the intention that this Agreement be given full effect to carry out such purposes. Therefore, consistent with the effectuation of the purposes hereof, the invalidity or unenforceability of any provision hereof or part thereof shall not affect the validity or enforceability of any other provision hereof or any other part of such provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Survival</u>. Notwithstanding the termination of your employment as of the Separation Date, Sections 5 through 21 of the Employment Agreement shall survive such termination and remain in full force and effect in accordance with their terms. All other provisions of the Employment Agreement shall be deemed terminated and of no further force or effect as of the Separation Date. These surviving provisions of the Employment Agreement include, but are not limited to, the restrictive covenants to which you are currently subject. You represent that, prior to the date hereof, no waiver of such covenants contemplated by Section 14 of the Employment Agreement has been given to you in any form, and you acknowledge that any such waiver following the date hereof would require the consent of Parent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Cooperation</u>. You reaffirm your ongoing cooperation covenant set forth in the Employment Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>. This Agreement, the rights and obligations of the parties hereto, and any claims or disputes relating thereto, shall be governed by and construed in accordance with the laws of the State of Delaware (but not including any choice of law rule thereof that would cause the laws of another jurisdiction to apply).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Withholding</u>. The Company shall withhold from any and all amounts payable under this Agreement or otherwise such federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation, and all payments under this Agreement shall be in amounts net of any such deductions or withholdings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Amendment</u>. This Agreement may be modified or amended only by express agreement of the parties hereto in writing, assenting to such modification or amendment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Waiver</u>. No waiver by any party of any provision hereof or part thereof at any time shall constitute or evidence a waiver by such party of any other provision or other part of such provision or of the same provision or part at any other time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Successors</u>. This Agreement shall be binding upon and shall inure to the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger; *provided*, *however*, that the Company or Parent, as applicable, shall assign this Agreement to, and all rights and obligations hereunder, shall inure to the benefit of and be binding upon, any person, firm, corporation or other entity resulting from the reorganization of the Company or Parent, as applicable, or succeeding to the business or assets of the Company or Parent, as applicable, by purchase, merger, consolidation or otherwise.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

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| | |
|:---|:---|
| FRONTIER COMMUNICATIONS PARENT, INC. | FRONTIER COMMUNICATIONS PARENT, INC. |
| By: /s/ Alan Gardner | By: /s/ Alan Gardner |
| Name: | Alan Gardner |
| Title: | EVP, Chief People Officer |
| Date: | January 16, 2026 |
| EXECUTIVE | EXECUTIVE |
| By: /s/ Mark Nielsen | By: /s/ Mark Nielsen |
| Name: | Mark Nielsen |
| Title: | EVP, Chief Legal & Regulatory Officer |
| Date: | January 16, 2026 |

---

[*Signature Page to Separation Agreement*]

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#### EXHIBIT A

<u>Separation Payments and Benefits</u>

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the employment agreement by and between you and the Company, dated May 1, 2024 (the "<u>Employment Agreement</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Severance Amount</u>. As required by the Employment Agreement, you shall be paid an amount in cash of $1,950,000, which is equal to one and one-half times the sum of (i) your Base Salary plus (ii) Target Annual Bonus.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Pro Rata Annual Bonus for 2026</u>. You shall be paid a prorated annual bonus for 2026 in the amount of $35,616.44, which is equal to the product of (A) the Target Annual Bonus multiplied by (B) a fraction, the numerator of which is the number of days during the applicable calendar year that you were employed with the Company, and the denominator of which is the total number of calendar days during the applicable calendar year.

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#### EXHIBIT B

#### GENERAL

#### RELEASE

I, Mark Nielsen, in consideration of and subject to the performance by Frontier Communications Parent, Inc. (together with its subsidiaries, the "<u>Company</u>"), of its obligations under the Employment Agreement, dated as of May 1, 2024 (the "<u>Employment Agreement</u>"), do hereby release and forever discharge, as of the date hereof, the Company and its Subsidiaries and Affiliates (which term "Affiliate" for purposes of this General Release includes Verizon Communications Inc. ("<u>Parent</u>"), and all of their respective present, former and future managers, directors, officers, stakeholders, employees, successors and assigns of the Company and its Subsidiaries and Affiliates and direct or indirect owners (collectively, the "<u>Released Parties</u>") to the extent provided below (together with the Supplemental Release attached as <u>Exhibit C</u>, this "<u>General Release</u>"). The Released Parties are intended to be third-party beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise defined shall have the meanings given to them in the Employment Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. My employment with the Company will terminate effective as of, and contingent upon, the closing of the Merger (as defined in the agreement to which this <u>Exhibit B</u> is attached (such agreement, the " <u>Separation Agreement</u> ")), and as of such date I hereby resign
 from any position as an officer, member of the board of managers or directors (as applicable) or fiduciary of the Company or any other member of the Company Group (or reaffirm any such resignation that may have already occurred). I
 understand that any payments or benefits paid or granted to me under Section 3 of the Separation Agreement represent, in part, consideration for signing this General Release and are not salary, wages or benefits to which I was already
 entitled. I understand and agree that I will not receive the payments and benefits specified in Section 3 of the Separation Agreement unless I execute this General Release and do not revoke this General Release within the time period
 permitted hereafter. I understand and agree that such payments and benefits are subject to the provisions of the Employment Agreement addressing confidentiality, restrictive covenants, and ongoing cooperation, which (as noted below)
 expressly survive my termination of employment and the execution of this General Release. Such payments and benefits will not be considered compensation for purposes of any employee benefit plan, program, policy or arrangement maintained
 or hereafter established by the Company or its affiliates. I acknowledge that, in view of the nature of the business and the business objectives of the Company in entering into the Separation Agreement and engaging me, the restrictions
 contained in the Employment Agreement are reasonably necessary to protect the interests of the Company, and that any violation of such restrictions could result in irreparable injury to the Company for which damages will not be an
 adequate remedy. The rights and remedies of the Company are not exclusive of, limited by or in limitation of any other rights or remedies which it may have, whether at law, in equity, by contract or otherwise, all of which shall be
 cumulative.

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#### EXHIBIT B

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Except as provided in paragraphs 4 and 5 below, I knowingly and voluntarily (for myself and my heirs, executors, administrators and assigns) release and forever discharge the
 Company and the other Released Parties from any and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages, punitive or exemplary damages, other
 damages, claims for costs and attorneys' fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date on which I execute this General Release) and whether known or unknown, suspected, or
 claimed against the Company or any of the Released Parties, which I, my spouse, or any of my heirs, executors, administrators or assigns may have, which arise out of or are connected with my employment with, or my separation or
 termination from, the Company (including, but not limited to, any allegation, claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age Discrimination in Employment Act
 of 1967, as amended (including the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining and
 Notification Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or local counterparts; or under any other federal, state or local civil or human
 rights law, or under any other local, state or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any claim
 for wrongful discharge, breach of contract, infliction of emotional distress, defamation; or any claim for costs, fees, or other expenses, including attorneys' fees incurred in these matters) (all of the foregoing collectively referred to
 herein as the " <u>Claims</u> ").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. I represent that I have made no assignment or transfer of any right, claim, demand, cause of action or other matter covered by paragraph 2 above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. I agree that this General Release does not waive or release any rights or claims that I may have under the Age Discrimination in Employment Act of 1967 that arise after the date
 I execute this General Release and the Supplemental Release. I acknowledge and agree that my separation from employment with the Company in compliance with the terms of the Employment Agreement shall not serve as the basis for any claim
 or action (including, without limitation, any claim under the Age Discrimination in Employment Act of 1967).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. I agree that I hereby waive all rights to sue or obtain equitable, remedial or punitive relief from any or all Released Parties of any kind whatsoever in respect of any Claim,
 including, without limitation, reinstatement, back pay, front pay and any form of injunctive relief. Notwithstanding the above, I further acknowledge that I am not waiving and am not being required to waive any right that cannot be waived
 under law, including the right to file an administrative charge or participate in an administrative investigation or proceeding; <u>provided</u>, <u>however</u>, that I disclaim and waive any right to share or participate in any monetary award resulting from the prosecution of such charge or investigation or
 proceeding. Additionally, I am not waiving (a) any right to the Accrued Benefits or any severance benefits to which I am entitled under the Employment Agreement, (b) any claim relating to directors' and officers' liability insurance
 coverage or any right of indemnification under the Company's organizational documents, the Employment Agreement, my indemnification agreement or otherwise, or (c) my rights as an equity or security holder in the Company or its Affiliates
 that exist pursuant to the terms of the applicable agreement(s) or applicable law.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every one of the Claims hereinabove mentioned or implied. I expressly
 consent that this General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected Claims (notwithstanding any state or local statute
 that expressly limits the effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I acknowledge and agree that this
 waiver is an essential and material term of this General Release and that without such waiver the Company would not have agreed to the terms of the Employment Agreement. I further agree that in the event I should bring a Claim seeking
 damages against the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf, this General Release shall serve as a complete defense to such Claims to the maximum
 extent permitted by law. I further agree that I am not aware of any pending claim of the type described in paragraph 2 above as of the execution of this General Release and the Supplemental Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. I agree that neither this General Release, nor the furnishing of the consideration for this General Release, shall be deemed or construed at any time to be an admission by the
 Company, any Released Party or myself of any improper or unlawful conduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. I agree that I will forfeit all severance benefits payable by the Company pursuant to the Employment Agreement and any other amounts payable by the Company pursuant to the
 Employment Agreement that are subject to the effectiveness of this General Release if I challenge the validity of this General Release. I also agree that if I violate this General Release by suing the Company or the other Released
 Parties, I will pay all costs and expenses of defending against the suit incurred by the Released Parties, including reasonable attorneys' fees, and return all payments received by me pursuant to the Employment Agreement on or after the
 termination of my employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. I agree that this General Release and the Employment Agreement are confidential and agree not to disclose any information regarding the terms of this General Release, the
 Separation Agreement or the Employment Agreement, except to my immediate family and any tax, legal or other counsel I have consulted regarding the meaning or effect hereof or as required by law, and I will instruct each of the foregoing
 not to disclose the same to anyone. The Company agrees to disclose any such information only to any tax, legal or other counsel of the Company as required by law. The foregoing shall apply to the extent this General Release (or the form
 thereof) is required to be included in any public filing of the Company.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. Any nondisclosure provision in this General Release does not prohibit or restrict me (or my attorney) from responding to any inquiry about this General Release or its underlying
 facts and circumstances by the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, Inc. (NASD) or any other self-regulatory organization or governmental entity or otherwise limit the scope of any
 protections that may apply to me under any applicable whistleblower laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. I hereby acknowledge that Sections 5 through 21 of the Employment Agreement shall survive my execution of this General Release.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. I represent that I am not aware of any claim by me other than the claims that are released by this General Release. I acknowledge that I may hereafter discover claims or facts in
 addition to or different than those that I now know or believe to exist with respect to the subject matter of the release set forth in paragraph 2 above and that, if known or suspected at the time of entering into this General Release,
 may have materially affected this General Release and my decision to enter into it.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish, diminish or in any way affect any rights or claims arising out of any
 breach by the Company or by any Released Party of the Employment Agreement after the date hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. Whenever possible, each provision of this General Release shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
 General Release is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other
 jurisdiction, but this General Release shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. This Release shall be binding upon and inure to
 the benefit of the Company and Parent and their respective permitted successors and assigns, including the surviving corporation of the Merger.

BY SIGNING THIS GENERAL RELEASE, I REPRESENT AND AGREE THAT:

<br> 1. I HAVE READ IT CAREFULLY;

2. I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING, BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED;

<br> 3. I VOLUNTARILY CONSENT TO EVERYTHING IN IT;

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<br> 4. I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION;

5. I HAVE HAD AT LEAST **21** DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE TO CONSIDER IT AND THE CHANGES MADE SINCE MY RECEIPT OF THIS RELEASE ARE NOT MATERIAL OR WERE MADE AT MY REQUEST AND WILL NOT RESTART THE REQUIRED **21**-DAY PERIOD;

<br> 6. I UNDERSTAND THAT I HAVE SEVEN DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED;

<br> 7. I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND

<br> 8. I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME.

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| | | | |
|:---|:---|:---|:---|
| SIGNED: | /s/ Mark Nielsen | DATED: | January 16, 2026 |
|  | Mark Nielsen |  |  |

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