Document:

Reaffirmation Agreement

 Exhibit 10.3 
 REAFFIRMATION AGREEMENT 
 REAFFIRMATION AGREEMENT dated as
of February 18, 2010 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among KNOLOGY, INC., a Delaware corporation (the “Borrower”), the Subsidiary
Guarantors identified on the signature pages hereto (the Borrower and the Subsidiary Guarantors, collectively, the “Reaffirming Parties”) and CREDIT SUISSE AG, acting through one or more of its branches, as Administrative
Agent (as defined below). 
 WHEREAS, the Borrower, the several banks and other financial institutions or
entities from time to time parties thereto (the “Lenders”) and Credit Suisse AG, acting through one or more of its branches (“Credit Suisse”), as administrative agent (in such capacity, and together
with its successors in such capacity, the “Administrative Agent”) and collateral agent (in such capacity, and together with its successors in such capacity, the “Collateral Agent”), have entered into
the Amended and Restated Credit Agreement dated as of the date hereof (the “Restated Credit Agreement”), which amends and restates in its entirety the Credit Agreement, dated as of October 15, 2010 (as amended, restated,
supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement”), among the Borrower, the agents and arrangers party thereto and Credit Suisse, as administrative agent and collateral agent;

 WHEREAS, each of the Reaffirming Parties is party to one or more of the Loan Documents (such term and each
other capitalized term used but not defined herein having the meaning assigned to such terms in the Restated Credit Agreement); 
 WHEREAS, each Reaffirming Party expects to realize, or has realized, substantial direct and indirect benefits as a result of the Restated Credit Agreement becoming effective and the consummation of the
transactions contemplated thereby; and 
 WHEREAS, the execution and delivery of this Agreement is a condition
precedent to the effectiveness of the Restated Credit Agreement and the consummation of the transactions contemplated thereby; 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 ARTICLE I 
 Reaffirmation 
 SECTION
1.01.    Reaffirmation of Security Interests. 

(a)        Each Reaffirming Party hereby acknowledges that it has reviewed the
terms and provisions of the Restated Credit Agreement and consents to (i) the amendment and restatement 

 
of the Existing Credit Agreement effected pursuant to the Restated Credit Agreement and (ii) the transactions contemplated by the Amendment Agreement and the Restated Credit Agreement. Each
Reaffirming Party hereby (i) confirms that each Loan Document to which it is a party or is otherwise bound and all Collateral encumbered thereby will continue to guarantee or secure, as the case may be, to the fullest extent possible in
accordance with the Loan Documents, the payment and performance of the Obligations, as the case may be, including without limitation the payment and performance of all such applicable Obligations that are joint and several obligations of each
Guarantor (as defined in the Guaranty) or Grantor (as defined in the Pledge and Security Agreement) now or hereafter existing, (ii) confirms its respective grant to the Administrative Agent for the benefit of the Secured Parties of the security
interest in and continuing Lien on all of such Loan Party’s right, title and interest in, to and under all “Collateral” as defined in the Pledge and Security Agreement, in each case whether now owned or existing or hereafter acquired
or arising and wherever located, as collateral security for the prompt and complete payment and performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise, of all applicable
Obligations (including all such Obligations as amended, reaffirmed and/or increased pursuant to the Restated Credit Agreement), subject to the terms contained in the applicable Loan Documents, (iii) confirms its respective guarantees, pledges,
grants of security interests and other obligations, as applicable, under and subject to the terms of each of the Loan Documents to which it is a party, and (iv) acknowledges that the Lenders providing new Term A Loans or new Term B Loans, as
applicable, on the date hereof are “Lenders” and “Secured Parties” for all purposes under the Loan Documents. 
 (b)        Each Reaffirming Party acknowledges and agrees that each of the Loan Documents to which it is a party or otherwise bound shall continue in full force and
effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness of the Restated Credit Agreement. Each Loan Party represents and warrants that all
representations and warranties contained in the Loan Documents to which it is a party or otherwise bound are true and correct in all material respects on and as of the Restatement Date to the same extent as though made on and as of that date, except
to the extent such representations and warranties specifically relate to an earlier date, in which case they were true and correct in all material respects on and as of such earlier date. 

ARTICLE II 

Miscellaneous 
 SECTION 2.01.    Notices.    All notices hereunder shall be given in accordance with Section 11.8 of the Restated Credit Agreement. 

SECTION 2.02.    Loan Document.    This Agreement is a Loan
Document executed pursuant to the Restated Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof. 

SECTION 2.03.    Effectiveness; Counterparts.    This Agreement
shall become effective on the date when (i) copies hereof which, when taken together, bear the signatures of each of the 

  
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Subsidiaries set forth on the signature pages hereto and the Administrative Agent shall have been received by the Administrative Agent (or its counsel) and (ii) the Restated Credit Agreement
has become effective in accordance with its terms. This Agreement may not be amended nor may any provision hereof be waived except pursuant to a writing signed by each of the parties hereto. This Agreement may be executed in two or more
counterparts, each of which shall constitute an original but all of which when taken together shall constitute but one contract. Delivery of an executed counterpart of a signature page of this Agreement by telecopy shall be effective as delivery of
a manually executed counterpart of this Agreement. 
 SECTION 2.04.    No
Novation.    This Agreement shall not extinguish the obligations for the payment of money outstanding under the Existing Credit Agreement or discharge or release the priority of any Loan Document or any other security
therefor. Nothing herein contained shall be construed as a substitution or novation of the obligations outstanding under the Existing Credit Agreement or instruments securing the same, which shall remain in full force and effect, except to any
extent modified hereby or by instruments executed concurrently herewith. Nothing in this Agreement shall be construed as a release or other discharge of the Borrower or any other Loan Party under any Loan Document from any of its obligations and
liabilities under the Existing Credit Agreement or the other Loan Documents. 
 SECTION
2.05.    GOVERNING LAW.    THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HERETO SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 SECTION 2.06.    No Amendments.    No amendments to any
Loan Document are intended hereby. 
 [Signature Pages Follow] 

  
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 IN WITNESS WHEREOF, each Reaffirming Party and the Administrative Agent, for
the benefit of the Secured Parties, have caused this Agreement to be duly executed and delivered by their respective authorized officers as of the day and year first above written. 

Borrower: 

              KNOLOGY, INC. 

 

							
				
		 		 	 By    
	 	
				
		 		 		 	 /s/M. Todd Holt

		 		 		 	 Name: M. Todd Holt

		 		 		 	 Title:    President

  
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	 Reaffirming Parties:

	
	 KNOLOGY BROADBAND, INC.

	 KNOLOGY OF CENTRAL FLORIDA, INC.

	 KNOLOGY PROVIDER SOLUTIONS GROUP, INC.

	 KNOLOGY OF ALABAMA, INC.

	 KNOLOGY OF AUGUSTA, INC.

	 KNOLOGY OF CHARLESTON, INC.

	 KNOLOGY OF COLUMBUS, INC.

	 KNOLOGY OF FLORIDA, LLC

	 KNOLOGY OF GEORGIA, INC.

	 KNOLOGY OF HUNTSVILLE, INC.

	 KNOLOGY OF KANSAS, INC.

	 KNOLOGY OF KNOXVILLE, INC.

	 KNOLOGY OF MONTGOMERY, INC.

	 KNOLOGY OF NASHVILLE, INC.

	 KNOLOGY OF SOUTH CAROLINA, INC.

	 KNOLOGY OF TENNESSEE, INC.

	 ITC GLOBAL, INC.

	 KNOLOGY OF THE VALLEY, INC.

	 VALLEY TELEPHONE CO., LLC

	 KNOLOGY OF SOUTH DAKOTA, INC.

	 KNOLOGY OF THE PLAINS, INC.

	 KNOLOGY COMMUNITY TELEPHONE, INC.

	 KNOLOGY OF THE BLACK HILLS, LLC

	 BLACK HILL FIBER SYSTEMS, INC.

	 BHFC PUBLISHING, LLC

	 KNOLOGY TOTAL

	 COMMUNICATIONS, INC.

	 KNOLOGY OF THE WIREGRASS, INC.

	 WIREGRASS TELCOM, INC. COMMUNICATIONS

ONE, INC.

	 WEST GEORGIA BROADBAND, INC.

	 GLOBE TELECOMMUNICATIONS, INC.

  

			
	 By    
	 	
		
		 	 /s/M. Todd Holt

		 	 Name: M. Todd Holt

		 	 Title:    President

  
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	CREDIT SUISSE AG, CAYMAN
	 ISLANDS BRANCH, as Administrative Agent

		
	 By:
	 	     /s/Judith
Smith

			
	 Name:
	 	 Judith Smith

	 Title:
	 	 Managing Director

  

			
	 By:
	 	     /s/Christopher Reo
Day

			
	 Name:
	 	 Christopher Reo Day

	 Title:
	 	 Vice President

  
 - 6 -NON-EMPLOYEE DIRECTOR COMPENSATION TERM SHEET

 Exhibit 10.4 
 Board of Director Compensation 
 Effective April 1, 2011

  

							
	 Retainer:
	  	Retainer fees are paid quarterly, at the end of each quarter. Fees are as follows:
		  		  		 	
		  		  		 	
		  	Annual cash retainer:	  	$115,000	 	
		  		  		 	
		  	Additional retainer for Lead Independent Director:	  	$ 25,0001	 	
		  		  		 	
		  	Additional retainer for Audit Committee:	  	$ 10,000	 	
		  		  		 	
		  	Additional retainer for Audit Committee chair:	  	$ 15,000	 	
		  		  		 	
		  	Additional retainer for Compensation Committee chair:	  	$ 15,000	 	
		  		  		 	
		  	Additional retainer for Government Committee chair:	  	$ 10,000	 	
		  		  		 	
		  	Additional retainer for Policy Committee chair:	  	$   7,500	 	
		  		  		 	
	 Equity Grant:
	  	Directors are awarded an annual equity grant of $130,000 in deferred stock units, awarded quarterly. The deferred stock units will be paid at the conclusion of
board service, or earlier, as specified by the director, if he has five or more years of service.
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
		  		  		 	
	  
 1 For the period from April 1, 2011 through July 18, 2011, Mr. Coleman served as Non-executive Chairman of the Board. He was paid an annual cash retainer of
$250,000 during that period in addition to the annual cash retainer of $115,000 paid to the other Board members.

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