Document:

blueridgeagreement.htm

    
      
February
27, 2008

     

     

    inVentiv
Health, Inc.

     

    200
Cottontail Lane

     

    Vantage
Court North

     

    Somerset,
New Jersey 08873

     

    

    Attn:  David
Bassin, Chief Financial Officer

     

              Re:                      Revolving Credit
Facility

     

    Ladies
and Gentlemen:

     

    BLUE RIDGE INVESTMENTS, L.L.C.
(“Lender”) is
pleased to make available to INVENTIV HEALTH, INC., a
Delaware corporation (“Borrower”), a
reducing line of credit facility on the terms and conditions set forth below and
in that certain Promissory Note dated as of even date herewith executed by
Borrower in favor of Lender substantially in the form attached hereto (the
“Note”).  Terms
not defined herein have the meanings assigned to them in the Note).

     

    
      	
              Commitment

            	
              Subject
      to the terms and conditions set forth herein and in the Note, Lender
      agrees to make available to Borrower in multiple drawdowns until the
      Maturity Date one or more term loans (each, a “Loan” and
      collectively, the “Loans”) in an
      aggregate principal amount not exceeding Thirty Million Five Hundred
      Twenty Seven Thousand Three Hundred and Sixteen Dollars ($30,527,316)
      (as such amount is reduced in accordance with the requirements of the
      Note, the “Commitment”).  Within
      the foregoing limit, Borrower may borrow, repay and reborrow Loans until
      the Maturity Date up to the Commitment, subject to the conditions set
      forth herein and in the Note. Borrower may permanently reduce or terminate
      the Commitment by giving five days’ written notice to
    Lender.

            

    

     

    
      	
              Interest:

            	
              Each
      Loan shall bear interest at the rate(s) of interest described in the
      Note.  Accrued and unpaid interest on each Loan shall be due and
      payable as set forth in the Note.

            

    

     

    
      	
              Principal:

            	
              Any
      redemptions resulting in cash distributions received by Borrower in
      connection with Borrower’s ownership interest in Columbia Strategic Cash
      Portfolio, a series of Columbia Qualified Purchaser Funds, LLC, a Delaware
      limited liability company (“Columbia Strategic Cash Fund”), shall be
      applied to reduce the outstanding principal amount of the
      Loans.  The Commitment shall be permanently reduced by the
      amount of the cash distribution.  With each borrowing request,
      Borrower shall certify in writing to the Lender that the total borrowings
      under the Commitment, including the requested Loan, do not exceed 100% of
      the Borrower’s account value in the Columbia Strategic Cash Fund,
      calculated based on the current net asset value of the Borrower’s
      ownership interest in the Fund (“Borrowing Base”).  If at any
      time the outstanding principal amount of the Loans exceeds the Borrowing
      Base by an amount greater than or equal to $150,000, the Borrower shall
      repay to the Lender the difference between the Borrowing Base and the
      outstanding principal balance of the Note within two business days of
      demand therefor by the Lender.

            

    

     

    
      	
              Maturity
      Date:

            	
              The
      outstanding principal of each Loan shall be due and payable on the dates
      set forth in the Note, but no later than the earlier of (i) the next
      succeeding business day after the date of the last redemption by inVentiv
      of all of its remaining shares in the Columbia Strategic Cash Fund, or
      (ii) December 1, 2008 (the “Maturity
      Date”).  Loans may be prepaid as described in the
      Note.

            

    

     

    
      	
               
      

            	
              Guaranty:                       Indebtedness
      under the Note shall be guaranteed by all subsidiaries of the Borrower
      that are now or hereafter Subsidiary Guarantors under that certain Amended
      and Restated Credit Agreement, dated as of July 6, 2007, among the
      Borrower, Subsidiary Guarantors, the Lenders, UBS Securities LLC, as
      bookmanager, KeyBank N.A. as co-documentation agent, General Electric
      Capital Corporation, as co-documentation agent, UBS Loan Finance LLC, as
      swingline lender, UBS AG, Stamford Branch, as issuing Bank and
      Administrative Agent and Collateral Agent, Banc of America Securities LLC,
      as joint lead arranger, and Bank of America, N.A. as syndication agent (as
      may be amended, restated or replaced from time to time, the “Credit
      Agreement”), pursuant to a Guaranty substantially in the form
      attached.

            

    

     

    
      	
              Requests
      for Loans:

            	
              Any
      request for a Loan must be received by Lender at the address, telephone
      number or facsimile number listed below Lender’s signature not later than
      1:00 p.m. Boston time, on the date of the requested Loan (which must be a
      day on which Lender is open to conduct substantially all of its
      business).

            

    

    

    
      	
              Documentation:

            	
              The
      Loans shall be evidenced by the Note.   Borrower shall
      execute and deliver to Lender such other documents evidencing the Loan as
      Lender may reasonably request from time to
time.

            

    

     

    
      	
              Termination:

            	
              Borrower
      may terminate this letter agreement by notice to Lender at any time when
      there are no Loans outstanding.  Upon any such termination,
      Lender shall return the original Note to Borrower marked
      “cancelled”.

            

    

     

    
      	
              Notice:

            	
              Lender
      hereby notifies Borrower that pursuant to the requirements of the USA
      PATRIOT Act (Title III of Pub.L. 107-56 (signed into law October 26,
      2001)) (the “Act”), Lender
      is required to obtain, verify and record information that identifies
      Borrower, which information includes the name and address
    of

            

    

     

    
      	
               
      

            	
              Borrower
      and other information that will allow Lender to identify Borrower in
      accordance with the Act.

            

    

     

    Please
indicate your agreement to the foregoing by signing and returning to Lender the
enclosed copy of this letter at the address shown immediately beneath its
signature below.

     

     

    Very
truly yours,

     

    
      	
              Address for Lender for Notices of
      Borrowing:

              Blue
      Ridge Investments, L.L.C.

              901
      Main Street, 22nd Floor

              Dallas,
      Texas  75202-3714

              Phone:  214-209-4742

              Fax:  214-290-8387

              Attention:
      Judy Schneidmiller

              Judy.l.schneidmiller@bankofamerica.com

               

              Address for Other Notices to
      Lender:

              Blue
      Ridge Investments, L.L.C.

              214
      N. Tryon Street

              Charlotte,
      North Carolina

              Attention:  George
      Carp

              Senior
      Vice President

              Facsimile:
      704-683-4684

               

              With
      a copy of all notices to:

              David
      Bardwil

              Bank
      of America

              Senior
      Vice President

              750
      Walnut Ave

              Cranford,
      New Jersey 07016

            	
              BLUE
      RIDGE INVESTMENTS, L.L.C.

              By  /s/ George
      Carp                                                               

               

              Name  George
      Carp                                                               

               

              Title  SVP
      Finance                                                               

               

            

    

     

    Acknowledged
and Agreed:

     

    INVENTIV
HEALTH, INC.

     

    

     

    By:  /s/ David
Bassin                                                                      

     

    Name:  David
Bassin                                                                      

     

    Title:  CFO                                                                      

     

    

     

    Address for Notices to
Borrower:

    

    

    inVentiv
Health, Inc.

    200
Cottontail Lane

    Vantage
Court North

    Somerset,
New Jersey  08873

    Attention:  Chief
Financial Officer

    Telephone:  (732)
537-5006

    Facsimile:  (732)
537-5033

    

    with a
copy to

    

    Kenneth
G. Alberstadt

    Akerman
Senterfitt LLP

    335
Madison Avenue, Suite 2600

    New York,
New York  10017

    Telephone:  (212)
880-3817

    Facsimile:  (212)
880-8965

     

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    PROMISSORY
NOTE

     

    $30,527,316                                                                                                                                                               February 27, 2008

     

    FOR VALUE
RECEIVED, the undersigned, INVENTIV HEALTH, INC., a
Delaware corporation (“Borrower”), hereby
promises to pay to the order of BLUE RIDGE INVESTMENTS L.L.C.
(“Lender”), at
its office as Lender may designate from time to time, in lawful money of the
United States of America and in immediately available funds, the principal
amount of Thirty Million Five Hundred Twenty Seven Thousand Three Hundred
Sixteen Dollars ($30,527,316)
or such lesser amount as shall equal the aggregate unpaid principal amount of
advances (each a “Loan” and
collectively the “Loans”) made by
Lender to Borrower under this Promissory Note (this “Note”), and to pay
interest on the unpaid principal amount of the Loans at the rate per annum and
on the dates specified below.  Loans hereunder are also subject to the
terms and conditions set forth in that certain letter loan agreement dated as of
even date herewith between Borrower and Lender (the “Letter
Agreement”).  Terms not defined herein have the meanings
assigned to them in the Letter Agreement.

     

    Borrower
may request Loans by irrevocable notice to be given to Lender in accordance with
the Letter Agreement.

     

     

    Each Loan
shall bear interest at a rate per year equal to the BBA LIBOR Daily Floating
Rate plus 0.35% per annum.  The BBA LIBOR Daily Floating Rate is a
fluctuating rate of interest equal to the rate per annum equal to the British
Bankers Association LIBOR Rate (“BBA LIBOR”) , as
published by Reuters (or other commercially available source providing
quotations of BBA LIBOR as selected by Bank from time to time) as determined for
each banking day at approximately 11:00 a.m. London time two (2) London Banking
Days
prior to the date in question, for U.S. Dollar deposits (for delivery on the
first day of such interest period) with a one month term, as customarily
adjusted from time to time in Lender’s reasonable discretion for changes in
reserve requirements, deposit insurance assessment rates and other regulatory
costs.  If such rate is not available at such time for any reason,
then the rate for that interest period will be determined by such alternate
method as is reasonably selected by Lender.  A "London Banking Day" is
a day on which banks in London are open for business.

     

    Interest
on the principal of this Note shall be payable on the first of each month
commencing on April 1, 2008 and continuing on the same day of each month
thereafter until the indebtedness evidenced hereby is paid in
full.  Any cash principal distributions received by Borrower in
connection with Borrower’s ownership interest in the Columbia Strategic Cash
Fund, shall be applied to reduce the principal balance of this
Note.  Distributions of interest or earnings on the Columbia Strategic
Cash Fund will not be required to be applied to reduce the principal balance of
this Note.  If, at any time, the outstanding principal balance of this
Note exceeds the Borrower’s account value in the Columbia Strategic Cash Fund
based on the calculation described in the Letter Agreement , Borrower shall make
a principal payment hereunder equal to the difference between the account value
of the Fund and the outstanding principal of this Note within two business days
of demand therefor by the Lender. The Loans, and all accrued and unpaid interest
thereon, shall be due and payable in full on December 1, 2008.  Lender
may, if and to the extent any payment is not made when due hereunder, charge
from time to time against any or all of Borrower’s accounts with Lender any
amount so due. The Loans or any portion thereof may be prepaid by Borrower at any time without premium or penalty.

     

    

     

    

     

    

     

    Each Loan
and each payment by Borrower will be evidenced by records kept by the
Lender. Interest
shall be computed on the basis of a year of 360 days and the actual days elapsed
(including the first day but excluding the last day).  Overdue
principal and, to the extent permitted by applicable law, interest shall bear
interest, payable upon demand, for each day from and including the due date to
but excluding the date of actual payment at a rate per annum 4% higher than the
rate of interest otherwise provided under this Note (2% higher than the rate of
interest otherwise provided under this Note if the overdue amount became due
solely as a result of a change in the net asset value of the Columbia Strategic
Cash Fund). Whenever any payment under this Note is due on a day that is not a
day Lender is open to conduct substantially all of its business, such payment
shall be made on the next succeeding day on which Lender is open to conduct
substantially all of its business, and such extension of time shall in such case
be included in the computation of the payment of interest.

     

    The date,
amount, interest rate, and each payment of principal and interest due on this
Note, shall be recorded by Lender on its books, which record shall, in the
absence of manifest error, be conclusive as to such matters; provided, that the
failure of Lender to make any such record or any error therein shall not limit
or otherwise affect the obligations of Borrower hereunder.

     

    Borrower
shall reimburse or compensate Lender, upon demand, for all costs incurred,
losses suffered or payments made by Lender which are applied or reasonably
allocated by Lender to the transactions contemplated herein (all as determined
by Lender in its reasonable discretion) by reason of any and all future changes
in reserve, deposit, capital adequacy or similar requirements or compliance by
Lender with any directive, or requirements from any regulatory authority,
whether or not having the force of law, in each case instituted after the date
hereof with respect to assets, liabilities or commitments of, or extensions of
credit by, Lender to the extent the foregoing result in a change to Lender of
the cost of extending or maintaining the Loans.

     

    Borrower
hereby waives presentment, protest, demand, or other notice of any kind in
connection with this Note.

     

    Borrower
represents and warrants to Lender that:  (a) it is duly organized,
validly existing and in good standing under the laws of the jurisdiction of its
organization; (b) the execution, issuance and delivery of the Letter Agreement,
this Note and any other document, agreement or instrument executed and delivered
in connection herewith (collectively, the “Loan Documents”) are
within its powers and have been duly authorized; (c) each Loan Document is
valid, binding and enforceable in accordance with its terms, is not in violation
of law or regulation or of the terms of Borrower’s organizational documents, and
does not result in the breach of or constitute a default under any indenture,
agreement, instrument or undertaking to which Borrower is a party or by which it
or its property may be bound or affected; (d) the proceeds of the Loans shall be
used solely for general corporate purposes; provided, however, that
Borrower shall not use any part of the proceeds of any Loan to purchase or carry
any margin stock within the meaning of Regulation U of the Board of Governors of
the Federal Reserve System or to extend credit to others for the purpose of
purchasing or carrying any margin stock; (e) there is no event which is, or with
notice or lapse of time or both would be, an Event of Default (as defined below)
under this Note; and (f) the person or persons executing any Loan Document on
behalf of Borrower are duly appointed officers or other representatives of
Borrower with authority to execute and deliver each Loan Document on behalf of
Borrower.

     

    The
obligation of Lender to make any Loan shall be subject to the condition that,
and the request of Borrower for a Loan and the receipt by Borrower of the
proceeds thereof shall be deemed a representation and warranty by Borrower that
as of the date of such request and receipt:  (a) all representations
and warranties contained in any Loan Document are true and correct and with the
same force and effect as though such representations and warranties had been
made on and as of the date of such request and receipt and (b) no Event of
Default under this Note exists or would result from the making of the
Loan.  Before Lender is required to make any Loan under this Note, it
must receive any documents provided for herein and any customary drawdown items
it may reasonably require, in form and content acceptable to
Lender.  It is agreed that opinions of counsel will not be required in
connection with any extension of credit hereunder.

     

    Each of
the following shall constitute an Event of Default hereunder:  (a)
Borrower shall fail to pay within two business days of the date when due any
principal of or interest on any Loan; (b) Borrower shall fail to comply with
Borrowing Base requirement set forth in the Letter Agreement; (c)any other
covenant or agreement in any Loan Document and such failure continues for 10
business days after written notice thereof is given by Lender to Borrower; (d)
an event of default shall occur under the terms of any other indebtedness in
excess of $10,000,000 owing to Lender or any other creditor for which Borrower
or any of its subsidiaries is liable, whether as principal obligor, guarantor,
or otherwise, including, without limitation, a default under the Credit
Agreement; (e) any representation, warranty, certification, or statement made or
deemed made by Borrower to Lender shall prove to have been incorrect or
misleading in any material respect when made; (f) Borrower shall dissolve,
liquidate, or terminate its legal existence or shall convey, transfer, lease, or
dispose of (whether in one transaction or a series of transactions) all or
substantially all of its assets to any person or entity; (g) a petition shall be
filed by or against Borrower or any of its subsidiaries under any law relating
to bankruptcy, reorganization, or insolvency and, in the case of any such
petition filed against Borrower or any of its subsidiaries, shall not have been
dismissed within 60 days from the date of filing; or (h) Borrower or any of its
subsidiaries shall make an assignment for the benefit of creditors or fail
generally to pay its debts as they become due, or a receiver, trustee, or
similar official shall be appointed over Borrower or any of its subsidiaries or
a substantial portion of any of their respective assets.  If an Event
of Default shall have occurred, Lender may take any one or more of the following
actions: (i) terminate the Commitment, (ii) declare the outstanding principal of
and accrued and unpaid interest on this Note and the Loans, together with all
other amounts payable under any Loan Document, to be immediately due and payable
without presentment, protest, demand, or other notice of any kind, all of which
are hereby waived by Borrower and (iii) exercise any rights and remedies it may
have under this Note or any other Loan Document or under applicable law or in
equity; provided, however, that upon
the occurrence with respect to Borrower of any event specified in clause (g) or
(h) of the preceding sentence, the Commitment shall automatically terminate, and
the outstanding principal and accrued and unpaid interest on this Note and the
Loans, together with all other amounts payable hereunder, shall become
immediately due and payable without presentment, protest, demand, or other
notice of any kind, all of which are hereby waived by Borrower.

     

    No
failure or delay by Lender in exercising, and no course of dealing with respect
to, any right, power, or privilege hereunder shall operate as a waiver thereof
nor shall any single or partial exercise of any right, power, or privilege
hereunder preclude any other or further exercise thereof or the exercise of any
other right, power, or privilege.  The rights and remedies of Lender
provided herein shall be cumulative and not exclusive of any other rights or
remedies provided by law.  If any provision of this Note shall be held
invalid or unenforceable in whole or in part, such invalidity or
unenforceability shall not affect the remaining provisions
hereof.  Except as set forth herein or therein, no provision of this
Note may be modified or waived except by a written instrument signed by Lender
and Borrower.

     

    Borrower
will indemnify and hold Lender harmless from any losses, liabilities, damages,
judgments, and costs of any kind relating to or arising directly or indirectly
out of (a) this Note or any other Loan Document, (b) any credit extended by
Lender to Borrower hereunder or the use thereof, (c) any litigation or
proceeding related to or arising out of any Loan Document or any such credit, or
(d) failure by Borrower to comply with any law or regulation; provided that such indemnity
shall not (i) encompass any losses, liabilities, damages, judgments or costs
related to the Columbia Strategic Cash Fund, (ii) entitle Lender to any payment
with respect to legal fees or other transaction costs (including internal cost
allocations) incurred by Lender in order to extend or, other than during the
continuance of an Event of Default, maintain the credit provided for hereunder
or (iii)  be available to the extent that such losses, liabilities,
damages, judgments or costs (x) are determined by a court of competent
jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of Lender or (y) result from a claim
brought by Borrower against Lender for breach in bad faith of Lender's
obligations hereunder or under any other Loan Document, if Borrower has obtained
a final and nonappealable judgment in its favor on such claim as determined by a
court of competent jurisdiction.  This indemnity includes but is not
limited to attorneys’ fees , except as set forth above.  This
indemnity extends to Lender, its affiliates and the partners, directors,
officers, employees, agents and advisors of Lender and of Lender’s
affiliates.  This indemnity will survive repayment of Borrower’s
obligations to Lender under this Note and termination of the
Commitment.  All sums due to Lender pursuant to this paragraph shall
be due and payable upon demand.

     

    This Note
shall be binding upon Borrower and its successors and assigns and inure to the
benefit of Lender and its successors and assigns, provided, however, that no
obligations or rights of Borrower hereunder can be assigned without the prior
written consent of Lender.  Lender may assign to one or more banks or
other entities all or any part of, or may grant participations to one or more
banks or other entities in or to all or any part of, this Note, any other
document or agreement executed or delivered in connection herewith or any Loan
or Loans hereunder and its rights and obligations hereunder or thereunder.
Borrower agrees that Lender may disclose to any assignee or purchaser, or any
prospective assignee or purchaser, any and all information in Lender’s
possession concerning Borrower, this Note, and any security for this Note,
provided that the disclosure of any information that is identified by Borrower
as material non-public information must be made subject to an acknowledgment by
the recipient of the same and the undertaking of such recipient not to engage in
any transaction in securities of Borrower on the basis thereof in violation of
applicable law, including Section 10(b) of the Securities and Exchange Act of
1934, as amended, and Rule 10b-5 thereunder.

     

    Borrower
shall pay on demand all costs and expenses (including reasonable attorneys’ fees
and the allocated costs of internal counsel) incurred by Lender in connection
with the enforcement or attempted enforcement of this Note or any Loan Document
upon the occurrence of an Event of Default.

     

    Notwithstanding
the other provisions of this Note, the interest rate will not exceed the maximum
rate permitted by federal law or other law applicable to Lender, whichever is
higher.  If, at any time, the rate of interest, together with all
amounts which constitute interest and which are reserved, charged or taken by
Lender as compensation for fees, services or expenses incidental to the making,
negotiating or collection of the Loans, shall be deemed by any competent court
of law, governmental agency or tribunal to exceed the maximum rate of interest
permitted to be charged by Lender to Borrower under applicable law, then, during
such time as such rate of interest would be deemed excessive, that portion of
each sum paid attributable to that portion of such interest rate that exceeds
the maximum rate of interest so permitted shall be deemed a voluntary prepayment
of principal.  As used herein, the term “applicable law” shall mean
the law in effect as of the date hereof; provided, however, that in the event
there is a change in the law which results in a higher permissible rate of
interest, then this Note shall be governed by such new law as of its effective
date.

     

    All
notices required under this Note shall be in writing and shall be personally
delivered or sent by first class mail, postage prepaid, or by overnight courier,
to Borrower or Lender, as the case may be, at its address set forth below, or
sent by facsimile to the facsimile number set forth for such party below, or to
such other addresses or facsimile numbers as Lender and Borrower may specify
from time to time in writing.  Notices and other communications sent
by (a) first class mail shall be deemed delivered on the earlier of actual
receipt or on the fourth business day after deposit in the U.S. mail, postage
prepaid, (b) overnight courier shall be deemed delivered on the next business
day after deposit with the overnight courier, (c) other methods of hand-delivery
(including telegram, lettergram or mailgram) shall be deemed delivered when
delivered, and (d) facsimile shall be deemed delivered upon receipt of
confirmation.

     

    This Note
shall be governed by and construed in accordance with the laws of the State of
New York and the applicable laws of the United States of America, without regard
to principles of conflict of laws.

     

    BORROWER
IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW
YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF
NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS NOTE, ANY OTHER DOCUMENT OR INSTRUMENT
EXECUTED AND DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND
BORROWER IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF
ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE
COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL
COURT.  EACH OF BORROWER AND LENDER AGREES THAT A FINAL JUDGMENT IN
ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER
JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY
LAW.  NOTHING IN THIS NOTE SHALL AFFECT ANY RIGHT THAT LENDER MAY
OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS NOTE, ANY
OTHER DOCUMENT OR INSTRUMENT EXECUTED AND DELIVERED IN CONNECTION HEREWITH OR
THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY AGAINST BORROWER OR ITS
PROPERTIES IN THE COURTS OF ANY JURISDICTION.

     

    BORROWER
IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF
VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS NOTE, ANY
OTHER DOCUMENT OR INSTRUMENT EXECUTED AND DELIVERED IN CONNECTION HEREWITH OR
THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY IN ANY COURT REFERRED TO IN THE
IMMEDIATELY PRECEDING PARAGRAPH.  EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE
DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING
IN ANY SUCH COURT.

     

    BORROWER
HERETO IRREVOCABLY AGREES THAT SERVICE OF PROCESS BY LENDER IN CONNECTION WITH
ANY SUCH ACTION OR PROCEEDING SHALL BE BINDING ON BORROWER IF SENT TO BORROWER
BY REGISTERED OR CERTIFIED MAIL AT ITS ADDRESS SPECIFIED BELOW OR SUCH OTHER
ADDRESS AS FROM TIME TO TIME NOTIFIED BY BORROWER IN ACCORDANCE WITH THE TERMS
HEREOF.  NOTHING IN THIS NOTE WILL AFFECT THE RIGHT OF LENDER OR
BORROWER TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE
LAW.

     

    EACH OF
BORROWER AND LENDER HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL
PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS NOTE, ANY
OTHER DOCUMENT OR INSTRUMENT EXECUTED AND DELIVERED IN CONNECTION HEREWITH OR
THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT
OR ANY OTHER THEORY).  EACH OF BORROWER AND LENDER (A) CERTIFIES
THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF
LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT
IT HAS BEEN INDUCED TO ENTER INTO OR ACCEPT THIS NOTE BY, AMONG OTHER THINGS,
THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS PARAGRAPH.

     

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

     

     

    THIS NOTE
AND ANY OTHER DOCUMENTS EXECUTED IN CONNECTION HEREWITH REPRESENT THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE
ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

     

    Borrower
has caused this Note to be duly executed as of the date first above
written.

     

     

    INVENTIV
HEALTH, INC.

     

    

     

    By:
___________________________

     

    Title:
__________________________

     

    Address
for Notices:

     

    200
Cottontail Lane

     

    Vantage
Court North

     

    Somerset,
New Jersey 08873

     

    Attention:_______________________

     

    Facsimile:                                                   

    
      	
               
      

            	
              Address
      for Notices to Lender:

            

    

     

    Address for Lender for
Notices of Borrowing:

     

    Blue
Ridge Investments, L.L.C.

    901 Main
Street, 22nd Floor

    Dallas,
Texas  75202-3714

    Phone:  214-209-4742

    Fax:  214-290-8387

    Attention:
Judy Schneidmiller

    Judy.l.schneidmiller@bankofamerica.com

    

     

    Address for Other Notices to
Lender:

     

    Blue
Ridge Investments, L.L.C.

    214 N.
Tryon Street

    Charlotte,
North Carolina

    Attention:  George
Carp

    Senior
Vice President

    Facsimile:
704-683-4684

    

    With a
copy of all notices to:

    David
Bardwil

    Senior
Vice President

    750
Walnut Ave

    
      Cranford,
New Jersey 07016

    

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    May ___,
2008

    

    

    inVentiv
Health, Inc.

    200
Cottontail Lane

    Vantage
Court North

    Somerset,
New Jersey  08873

    Attention:
Attn:  David Bassin, Chief Financial Officer

    with a
copy to

    

    Kenneth
G. Alberstadt

    Akerman
Senterfitt LLP

    335
Madison Avenue, Suite 2600

    New York,
New York  10017

    

    Re:  Extension
of Maturity Date

    

    Dear Mr.
Bassin:

    

    Reference is made to the Letter
Agreement, dated February 27, 2008, by and between, Blue Ridge Investments,
L.L.C., as Lender, and inVentiv Health, Inc., as Borrower (the “Letter
Agreement”), and to Promissory Note, dated February 27, 2008, in favor of the
Lender evidencing a revolving credit facility in the maximum principal amount of
Thirty Million Five Hundred Twenty Seven Thousand Three Hundred Sixteen Dollars
($30,527,316) (the “Note”).

    

    The Borrower has requested that the
Letter Agreement, Note, and all documents, instruments and agreements that
evidence, govern, guaranty or secure the Note (the "Loan Documents") be modified
for the purpose of extending the Maturity Date of the Loan Documents (as such
term is defined in the Letter Agreement) and the Lender has agreed to such
extension.

    

    The Lender agrees that the Maturity
Date as set forth in the Loan Documents shall be extended from December 1, 2008
to July 1, 2009.Nothing herein contained or implied shall be construed as a
waiver of any other provision of the Loan Documents or any other document
executed in connection with the Loan Documents or a waiver of any presently
existing or future default in the non-payment of principal and/or interest or
any other amounts due under the Loan Documents.

    

    The Borrower hereby warrants and
represents that the representations and warranties contained in the Loan
Documents continue to be true and correct and that no event of default, and no
event which with the giving of notice or lapse of time or both would become an
event of default, has occurred or is continuing under the Loan
Documents.

    

    The Borrower and each guarantor hereby
ratify and confirm in all respects and without condition all of the terms and
provisions of the Loan Documents, as modified herein, as applicable, and each
agrees that said terms and provisions, except to the extent expressly modified
herein, continue in full force and effect.

    

    This letter shall be binding upon the
Borrower and each endorser and guarantor of the Loan Documents and their
respective successors, heirs and assigns and shall inure to the benefit of the
Lender and its successors and assigns.  This Agreement shall take
effect as a sealed instrument and shall be governed by the laws of the State of
New York.

    

    In no event shall this letter agreement
constitute or be construed as a waiver or release of the obligations of any
maker, guarantor, endorser or other person liable for the Borrower’s obligations
under the Note, and the obligations of such parties shall remain in full force
and effect.

    

    If this letter extending the Maturity
Date is acceptable, please acknowledge below and return the acknowledged copy to
me.

    

    Sincerely,

    

    BLUE RIDGE INVESTMENTS,
L.L.C.

    

    

    By:  _/s/ John
Hieberdiel_________________

           Name:  John
Hieberdiel

                                                                                                        
  Title:  VP; Controller

    

    

    This
letter is agreed to by:

    

    
      	
              WITNESS:

            	 
      
	 
      	
               

              INVENTIV
      HEALTH, INC.

               

               

            
	
              /s/ Marie
      DeLoach____________________

               

               

               

            	
              By:/s/ David
      Bassin________________

                   NAME:  David
      Bassin

                   TITLE:  CFO

               

            

    

    

                 GUARANTORS:

    

    ADHERIS,
INC.

    ADDISON WHITNEY LLC

    ANOVA CLINICAL RESOURCES
LLC

    AWAC
LLC

    BIOSECTOR
2 LLC

    BLUE
DIESEL, LLC

    CADENT
MEDICAL COMMUNICATIONS, LLC

    CHAMBERLAIN
COMMUNICATIONSGROUP, INC.

    CHAMBERLAIN
COMMUNICATIONS LLC CHANDLER CHICCO LLC

    CHANDLER
CHICCO AGENCY, LLC CREATIVE HEALTHCARE SOLUTIONS,LLC

    DIALOGCOACH
LLC

    FRANKLIN
PHARMA SERVICES, LLC GERBIG, SNELL/WEISHEIMERADVERTISING, LLC

    HEALTH
PRODUCTS RESEARCH, INC.

    HHI
CLINICAL & STATISTICALRESEARCH SERVICES, L.L.C.

    IGNITE
HEALTH LLC

    INCHORD
GLOBAL, LLC

    INCHORD
HOLDING CORPORATION

    INVENTIV
CLINICAL SOLUTIONS LLC INVENTIV COMMUNICATIONS, INC.

    MEDCONFERENCE
LLC

    MEDFOCUS
LLC

    NAVICOR
GROUP, LLC PHARMACEUTICAL RESOURCESOLUTIONS LLC

    PROMOTECH
RESEARCH ASSOCIATES, INC.

    SMITH
HANLEY ASSOCIATES LLC

    SMITH
HANLEY CONSULTING GROUPLLC

    SMITH
HANLEY HOLDINGCORPORATION

    STONEFLY
COMMUNICATIONS GROUP, LLC

    STRATEGYX,
LLC

    SYNERGOS
LLC

    VENTIV
COMMERCIAL SERVICES, LLC

    Y BRAND
OUTLOOK, LLC

    

    

    

    By: /s/ David
Bassin_______

    Printed Name:  David
Bassin

                                          
 Title: Vice Presidentexhibit10_1.htm

     

    Exhibit
10.1

     

    
      
        

        
          EXECUTION VERSION

        

        
          

          

        

        

      

       

      CHARTER
COMMUNICATIONS OPERATING, LLC

       

      and

       

      CHARTER
COMMUNICATIONS OPERATING CAPITAL CORP.,

       

      as
Issuers,

       

      EACH OF
THE GUARANTORS FROM TIME TO TIME PARTY HERETO,

       

      as
Guarantors,

       

      and

       

      WILMINGTON
TRUST COMPANY,

       

      as
Trustee

       

      ______

       

      INDENTURE

       

      Dated as
of March 19, 2008

       

      10.875%
Senior Second Lien Notes due 2014

       

       

      
        

        

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        

      

      

      TABLE OF
CONTENTS

       

      Page

       

      
        
          	
                  ARTICLE
      1

                
	 
      	 
      	 
      
	
                  DEFINITIONS
      AND INCORPORATION BY REFERENCE

                	 
      
	 
      	 
      	 
      
	
                  Section
      1.01

                	
                  Definitions.

                	
                  1

                
	
                  Section
      1.02

                	
                  Other
      Definitions.

                	
                  29

                
	
                  Section
      1.03

                	
                  Incorporation
      by Reference of Trust Indenture Act.

                	
                  30

                
	
                  Section
      1.04

                	
                  Rules
      of Construction.

                	
                  31

                
	 
      	 
      	 
      
	
                  ARTICLE
      2

                
	 
      	 
      	 
      
	
                  THE
      NOTES

                
	 
      	 
      	 
      
	
                  Section
      2.01

                	
                  Form
      and Dating.

                	
                  31

                
	
                  Section
      2.02

                	
                  Execution
      and Authentication.

                	
                  32

                
	
                  Section
      2.03

                	
                  Registrar
      and Paying Agent.

                	
                  33

                
	
                  Section
      2.04

                	
                  Paying
      Agent to Hold Money in Trust.

                	
                  33

                
	
                  Section
      2.05

                	
                  Holder
      Lists.

                	
                  34

                
	
                  Section
      2.06

                	
                  Transfer
      and Exchange.

                	
                  34

                
	
                  Section
      2.07

                	
                  Replacement
      Notes.

                	
                  37

                
	
                  Section
      2.08

                	
                  Outstanding
      Notes.

                	
                  38

                
	
                  Section
      2.09

                	
                  Treasury
      Notes.

                	
                  38

                
	
                  Section
      2.10

                	
                  Temporary
      Notes.

                	
                  38

                
	
                  Section
      2.11

                	
                  Cancellation.

                	
                  39

                
	
                  Section
      2.12

                	
                  Defaulted
      Interest.

                	
                  39

                
	
                  Section
      2.13

                	
                  Special
      Transfer Provisions

                	
                  39

                
	
                  Section
      2.14

                	
                  Temporary
      Regulation S Global Notes

                	
                  41

                
	
                  Section
      2.15

                	
                  Issuance
      of Additional Notes

                	
                  41

                
	
                  Section
      2.16

                	
                  CUSIP
      Numbers

                	
                  41

                
	 
      	 
      	 
      
	
                  ARTICLE
      3

                
	 
      	 
      	 
      
	
                  REDEMPTION
      AND PREPAYMENT

                
	 
      	 
      	 
      
	
                  Section
      3.01

                	
                  Notices
      to Trustee.

                	
                  42

                
	
                  Section
      3.02

                	
                  Selection
      of Notes to Be Redeemed.

                	
                  42

                
	
                  Section
      3.03

                	
                  Notice
      of Redemption.

                	
                  42

                
	
                  Section
      3.04

                	
                  Effect
      of Notice of Redemption.

                	
                  43

                
	
                  Section
      3.05

                	
                  Deposit
      of Redemption Price.

                	
                  43

                
	
                  Section
      3.06

                	
                  Notes
      Redeemed in Part.

                	
                  43

                
	
                  Section
      3.07

                	
                  Optional
      Redemption.

                	
                  44

                
	
                  Section
      3.08

                	
                  Mandatory
      Redemption.

                	
                  44

                
	
                  Section
      3.09

                	
                  Offer
      to Purchase by Application of Excess Proceeds.

                	
                  44

                
	 
      	 
      	 
      

        

      

       

       

      
        
          
          

        

        
          -i-

          
            

          

        

        
          
          

        

      

       

       

      
        	
                ARTICLE
      4

              
	 
      	 
      	 
      
	
                COVENANTS

              
	 
      	 
      	 
      
	
                Section
      4.01

              	
                Payment
      of Notes.

              	
                46

              
	
                Section
      4.02

              	
                Maintenance
      of Office or Agency.

              	
                46

              
	
                Section
      4.03

              	
                Reports.

              	
                47

              
	
                Section
      4.04

              	
                Compliance
      Certificate.

              	
                48

              
	
                Section
      4.05

              	
                Taxes.

              	
                48

              
	
                Section
      4.06

              	
                Stay,
      Extension and Usury Laws.

              	
                48

              
	
                Section
      4.07

              	
                Restricted
      Payments.

              	
                48

              
	
                Section
      4.08

              	
                Investments.

              	
                51

              
	
                Section
      4.09

              	
                Dividend
      and Other Payment Restrictions Affecting Subsidiaries.

              	
                52

              
	
                Section
      4.10

              	
                Incurrence
      of Indebtedness and Issuance of Preferred Stock.

              	
                53

              
	
                Section
      4.11

              	
                Limitation
      on Asset Sales.

              	
                56

              
	
                Section
      4.12

              	
                Sale
      and Leaseback Transactions.

              	
                57

              
	
                Section
      4.13

              	
                Transactions
      with Affiliates.

              	
                58

              
	
                Section
      4.14

              	
                Liens.

              	
                59

              
	
                Section
      4.15

              	
                Existence.

              	
                59

              
	
                Section
      4.16

              	
                Repurchase
      at the Option of Holders upon a Change of Control.

              	
                59

              
	
                Section
      4.17

              	
                Additional
      Note Guarantees; Security.

              	
                61

              
	
                Section
      4.18

              	
                Payments
      for Consent.

              	
                62

              
	
                Section
      4.19

              	
                Suspension
      of Covenants.

              	
                62

              
	 
      	 
      	 
      
	
                ARTICLE
      5

              
	 
      	 
      	 
      
	
                SUCCESSORS

              
	 
      	 
      	 
      
	
                Section
      5.01

              	
                Merger,
      Consolidation, or Sale of Assets.

              	
                63

              
	
                Section
      5.02

              	
                Successor
      Corporation Substituted.

              	
                64

              
	 
      	 
      	 
      
	
                ARTICLE
      6

              
	 
      	 
      	 
      
	
                DEFAULTS
      AND REMEDIES

              
	 
      	 
      	 
      
	
                Section
      6.01

              	
                Events
      of Default.

              	
                65

              
	
                Section
      6.02

              	
                Acceleration.

              	
                66

              
	
                Section
      6.03

              	
                Other
      Remedies.

              	
                66

              
	
                Section
      6.04

              	
                Waiver
      of Existing Defaults.

              	
                67

              
	
                Section
      6.05

              	
                Control
      by Majority.

              	
                67

              
	
                Section
      6.06

              	
                Limitation
      on Suits.

              	
                67

              
	
                Section
      6.07

              	
                Rights
      of Holders to Receive Payment.

              	
                68

              
	
                Section
      6.08

              	
                Collection
      Suit by Trustee.

              	
                68

              
	
                Section
      6.09

              	
                Trustee
      May File Proofs of Claim.

              	
                68

              
	
                Section
      6.10

              	
                Priorities.

              	
                68

              
	
                Section
      6.11

              	
                Undertaking
      for Costs.

              	
                69

              

      

       

       

      
        
          
          

        

        
          -ii-

          
            

          

        

        
          
          

        

      

       

      
        	
                ARTICLE
      7

              
	 
      
	
                TRUSTEE

              
	 
      	 
      	 
      
	
                Section
      7.01

              	
                Duties
      of Trustee.

              	
                69

              
	
                Section
      7.02

              	
                Rights
      of Trustee.

              	
                70

              
	
                Section
      7.03

              	
                Individual
      Rights of Trustee.

              	
                71

              
	
                Section
      7.04

              	
                Trustee’s
      Disclaimer.

              	
                71

              
	
                Section
      7.05

              	
                Notice
      of Defaults.

              	
                71

              
	
                Section
      7.06

              	
                Reports
      by Trustee to Holders.

              	
                71

              
	
                Section
      7.07

              	
                Compensation
      and Indemnity.

              	
                72

              
	
                Section
      7.08

              	
                Replacement
      of Trustee.

              	
                72

              
	
                Section
      7.09

              	
                Successor
      Trustee by Merger, etc.

              	
                73

              
	
                Section
      7.10

              	
                Eligibility;
      Disqualification.

              	
                73

              
	
                Section
      7.11

              	
                Preferential
      Collection of Claims Against the Issuers.

              	
                73

              
	
                Section
      7.12

              	
                Authorization
      of the Trustee.

              	
                74

              
	 
      	 
      	 
      
	
                ARTICLE
      8

              
	 
      	 
      	 
      
	
                LEGAL
      DEFEASANCE AND COVENANT DEFEASANCE

              	 
      
	 
      	 
      	 
      
	
                Section
      8.01

              	
                Option
      to Effect Legal Defeasance or Covenant Defeasance.

              	
                74

              
	
                Section
      8.02

              	
                Legal
      Defeasance and Discharge.

              	
                74

              
	
                Section
      8.03

              	
                Covenant
      Defeasance.

              	
                75

              
	
                Section
      8.04

              	
                Conditions
      to Legal or Covenant Defeasance.

              	
                75

              
	
                Section
      8.05

              	
                Deposited
      Money and Government Securities to Be Held in Trust; Other Miscellaneous
      Provisions.

              	
                77

              
	
                Section
      8.06

              	
                Repayment
      to Issuers.

              	
                77

              
	
                Section
      8.07

              	
                Reinstatement.

              	
                78

              
	 
      	 
      	 
      
	
                ARTICLE
      9

              
	 
      	 
      	 
      
	
                AMENDMENT,
      SUPPLEMENT AND WAIVER

              	 
      
	 
      	 
      	 
      
	
                Section
      9.01

              	
                Without
      Consent of Holders.

              	
                78

              
	
                Section
      9.02

              	
                With
      Consent of Holders.

              	
                79

              
	
                Section
      9.03

              	
                Compliance
      with Trust Indenture Act.

              	
                80

              
	
                Section
      9.04

              	
                Revocation
      and Effect of Consents.

              	
                80

              
	
                Section
      9.05

              	
                Notation
      on or Exchange of Notes.

              	
                80

              
	
                Section
      9.06

              	
                Trustee
      to Sign Amendments, etc.

              	
                81

              
	 
      	 
      	 
      
	
                ARTICLE
      10

              
	 
      	 
      	 
      
	
                COLLATERAL
      AND SECURITY DOCUMENTS

              	 
      
	 
      	 
      	 
      
	
                Section
      10.01

              	
                Security
      Documents.

              	
                81

              
	
                Section
      10.02

              	
                Suits
      to Protect the Collateral.

              	
                81

              
	
                Section
      10.03

              	
                Release
      of Collateral.

              	
                81

              

      

       

       

      
        
          
          

        

        
          -iii-

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  Section
      10.04

                	
                  Sufficiency
      of Release.

                	
                  83

                
	
                  Section
      10.05

                	
                  Actions
      by the Trustee.

                	
                  83

                
	 
      	 
      	 
      
	
                  ARTICLE
      11

                
	 
      	 
      	 
      
	
                  GUARANTEE

                
	 
      	 
      	 
      
	
                  Section
      11.01

                	
                  Unconditional
      Guarantee.

                	
                  83

                
	
                  Section
      11.02

                	
                  Severability.

                	
                  84

                
	
                  Section
      11.03

                	
                  Limitations
      on Guarantors’ Liability.

                	
                  84

                
	
                  Section
      11.04

                	
                  Release
      of Guarantor.

                	
                  84

                
	
                  Section
      11.05

                	
                  Contribution.

                	
                  85

                
	
                  Section
      11.06

                	
                  Waiver
      of Subrogation.

                	
                  85

                
	
                  Section
      11.07

                	
                  Execution
      of Note Guarantee.

                	
                  86

                
	
                  Section
      11.08

                	
                  Waiver
      of Stay, Extension or Usury Laws.

                	
                  86

                
	 
      	 
      	 
      
	
                  ARTICLE
      12

                
	 
      	 
      	 
      
	
                  MISCELLANEOUS

                
	 
      	 
      	 
      
	
                  Section
      12.01

                	
                  Trust
      Indenture Act Controls.

                	
                  86

                
	
                  Section
      12.02

                	
                  Notices.

                	
                  87

                
	
                  Section
      12.03

                	
                  Communication
      by Holders with Other Holders.

                	
                  88

                
	
                  Section
      12.04

                	
                  Certificate
      and Opinion as to Conditions Precedent.

                	
                  88

                
	
                  Section
      12.05

                	
                  Statements
      Required in Certificate or Opinion.

                	
                  88

                
	
                  Section
      12.06

                	
                  Rules
      by Trustee and Agents.

                	
                  89

                
	
                  Section
      12.07

                	
                  No
      Personal Liability of Directors, Officers, Employees, Managers, Members
      and Stockholders.

                	
                  89

                
	
                  Section
      12.08

                	
                  Governing
      Law.

                	
                  89

                
	
                  Section
      12.09

                	
                  No
      Adverse Interpretation of Other Agreements.

                	
                  89

                
	
                  Section
      12.10

                	
                  Successors.

                	
                  89

                
	
                  Section
      12.11

                	
                  Severability.

                	
                  89

                
	
                  Section
      12.12

                	
                  Counterpart
      Originals.

                	
                  89

                
	
                  Section
      12.13

                	
                  Table
      of Contents, Headings, etc.

                	
                  90

                
	 
      	 
      	 
      
	
                  ARTICLE
      13

                
	 
      	 
      	 
      
	
                  SATISFACTION
      AND DISCHARGE

                
	 
      	 
      	 
      
	
                  Section
      13.01

                	
                  Satisfaction
      and Discharge of Indenture.

                	
                  90

                
	
                  Section
      13.02

                	
                  Application
      of Trust Money.

                	
                  91

                

        

         

      

       

       

      
      

      
        	Exhibit
      A	Form
      of Note
	
                Exhibit
      B

              	
                Form
      of Certificate to be Delivered in connection with Transfers Pursuant to
      Rule 144A

              

      

      
        	
                Exhibit
      C

              	
                Form
      of Certificate to be Delivered in connection with Transfers Pursuant to
      Regulation S

              

      

      
        	
                Exhibit
      D

              	
                Form
      of Certificate of Beneficial Ownership in connection with exchanges of
      Temporary Regulation S Global Notes

              

      

      
      

      
 

      
        
          
          

        

        
          -iv-

          
            

          

        

        
          
          

        

      

       

      
         

        
        

        
        

        
        

        
          	Exhibit
      E	Form
      of Supplemental Indenture

        

        
        

         

      

       

      
        
          
          

        

        
          -v-

          
            

          

        

        
          
          

        

      

       

      INDENTURE
dated as of March 19, 2008 among Charter Communications Operating, LLC, a
Delaware limited liability company (as further defined below, the “Company”), Charter
Communications Operating Capital Corp., a Delaware corporation (as further
defined below, “Capital
Corp” and together with the Company, the “Issuers”), the Guarantors
from time to time party hereto, and Wilmington Trust Company, as
Trustee.

       

      The
Issuers and the Trustee agree as follows for the benefit of each other and for
the equal and ratable benefit of the Holders:

       

       

      ARTICLE
1

       

      DEFINITIONS
AND INCORPORATION BY REFERENCE

       

      Section
1.01 Definitions.

       

      “Acquired Debt” means, with
respect to any specified Person:

       

      
        	
                 
      

              	
                (1)

              	
                Indebtedness
      of any other Person existing at the time such other Person is merged with
      or into or became a Subsidiary of such specified Person, whether or not
      such Indebtedness is incurred in connection with, or in contemplation of,
      such other Person merging with or into, or becoming a Subsidiary of, such
      specified Person; and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                Indebtedness
      secured by a Lien encumbering any asset acquired by such specified
      Person.

              

      

       

      “Additional First Lien
Agreement” means any agreement approved for designation as such by the
First Lien Representative and the Second Lien Representative.

       

      “Additional Notes” means the
Issuers’ 10.875% Senior Secured Notes due 2014 issued under this Indenture in
addition to the Initial Notes (other than any Notes issued in respect of Initial
Notes pursuant to Section 2.06, 2.07, 2.10, 3.06, 3.09, 4.16 or
9.05).

       

      “Additional Pari Passu First Priority
Indebtedness” means Pari Passu Indebtedness incurred in compliance with
the terms of this Indenture, including Section 4.14 (other than
Indebtedness owed to a Subsidiary or Affiliate of CCOH), which Indebtedness is
secured by a first-priority Lien or otherwise is pari passu, in terms of sharing
of proceeds of Collateral, with Indebtedness under the CCO Credit Facility,
Related Obligations or other Pari Passu First Priority Indebtedness of the
Company or its Restricted Subsidiaries, as such Indebtedness may be amended or
refinanced from time to time.

       

      “Additional Pari Passu Second
Priority Indebtedness” means Pari Passu Indebtedness incurred in
compliance with the terms of this Indenture, including Section 4.14 (other
than Indebtedness owed to a Subsidiary or Affiliate of CCOH), which Indebtedness
is secured by a second-priority Lien or otherwise is pari passu, in terms of
sharing of proceeds of Collateral, with Indebtedness under the Notes and the
Existing CCO Notes, as such Indebtedness may be amended or refinanced from time
to time.

       

      “Additional Second Lien
Agreement” means any agreement approved for designation as such by the
First Lien Representative and the Second Lien Representative.

       

      “Additional Second Lien
Obligations” means, with respect to any Additional Second Lien Agreement,
(i) all principal of and interest (including any Post-Petition Interest) and
premium (if any) on 

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

         

         

        all
indebtedness under such Additional Second Lien Agreement, and (ii) all fees,
expenses and other amounts (including costs and indemnification obligations)
payable from time to time pursuant to the Second Lien Documents entered into in
connection with such Additional Second Lien Agreement (including amounts payable
under any Second Lien Guarantee relating to such Additional Second Lien
Agreement), in each case whether or not allowed or allowable in an Insolvency
Proceeding.

      

       

      “Affiliate” of any specified
Person means any other Person directly or indirectly controlling or controlled
by or under direct or indirect common control with such specified
Person.  For purposes of this definition, “control,” as used with
respect to any Person, shall mean the possession, directly or indirectly, of the
power to direct or cause the direction of the management or policies of such
Person, whether through the ownership of voting securities, by agreement or
otherwise; provided, however, that beneficial ownership of 10% or more of the
Voting Stock of a Person shall be deemed to be control.  It is
understood that the Trustee is under no obligation to ascertain whether or not
such 10% threshold has been met.  For purposes of this definition, the
terms “controlling,” “controlled by” and “under common control with” shall have
correlative meanings.

       

      “Agent” means any Registrar or
Paying Agent.

       

      “Asset Acquisition”
means:

       

      
        	
                 
      

              	
                (a)

              	
                an
      Investment by the Company or any of its Restricted Subsidiaries in any
      other Person pursuant to which such Person shall become a Restricted
      Subsidiary of the Company or any of its Restricted Subsidiaries or shall
      be merged with or into the Company or any of its Restricted Subsidiaries,
      or

              

      

       

      
        	
                 
      

              	
                (b)

              	
                the
      acquisition by the Company or any of its Restricted Subsidiaries of the
      assets of any Person which constitute all or substantially all of the
      assets of such Person, any division or line of business of such Person or
      any other properties or assets of such Person other than in the ordinary
      course of business.

              

      

       

      “Asset Sale”
means:

       

      
        	
                 
      

              	
                (1)

              	
                the
      sale, lease, conveyance or other disposition of any assets or rights,
      other than sales of inventory in the ordinary course of the Cable Related
      Business; provided, however, that the sale, conveyance or other
      disposition of all or substantially all of the assets of the Company and
      its Subsidiaries, taken as a whole, shall be governed by Section 4.16
      and/or Section 5.01 and not by the provisions of Section 4.11;
      and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      issuance of Equity Interests by any Restricted Subsidiary of the Company
      or the sale of Equity Interests in any Restricted Subsidiary of the
      Company.

              

      

       

      Notwithstanding
the preceding, the following items shall not be deemed to be Asset
Sales:

       

      
        	
                 
      

              	
                (1)

              	
                any
      single transaction or series of related transactions
  that:

              

      

       

      (a)           involves
assets having a fair market value of less than $100 million; or

       

      (b)           results
in net proceeds to the Company and its Restricted Subsidiaries of less than $100
million;

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
        	
                 
      

              	
                (2)

              	
                a
      transfer of assets between or among the Company and/or its Restricted
      Subsidiaries;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                an
      issuance of Equity Interests by a Restricted Subsidiary of the Company to
      the Company or to another Wholly Owned Restricted Subsidiary of the
      Company;

              

      

       

      
        	
                 
      

              	
                (4)

              	
                a
      Restricted Payment that is permitted by Section 4.07, a Restricted
      Investment that is permitted by Section 4.08 or a Permitted
      Investment;

              

      

       

      
        	
                 
      

              	
                (5)

              	
                the
      incurrence of Liens not prohibited by this Indenture and the disposition
      of assets related to such Liens by the secured party pursuant to a
      foreclosure; and

              

      

       

      
        	
                 
      

              	
                (6)

              	
                any
      disposition of cash or Cash
Equivalents.

              

      

       

      “Attributable Debt” in respect
of a sale and leaseback transaction means, at the time of determination, the
present value of the obligation of the lessee for net rental payments during the
remaining term of the lease included in such sale and leaseback transaction,
including any period for which such lease has been extended or may, at the
option of the lessee, be extended.  Such present value shall be
calculated using a discount rate equal to the rate of interest implicit in such
transaction, determined in accordance with GAAP.

       

      “Authority” means any
national, federal, state, municipal or local government or quasi-governmental
agency or authority.

       

      “Bank Agents” means the
Persons acting as the duly authorized representatives of the Lenders pursuant to
any of the Credit Facilities then outstanding under clause (1) of the definition
of “Permitted Debt.”

       

      “Bankruptcy Code” means Title
11, U.S. Code

       

      “Bankruptcy Law” means the
Bankruptcy Code or any federal or state law of any jurisdiction relating to
bankruptcy, insolvency, winding up, liquidation, reorganization or relief of
debtors.

       

      “Beneficial Owner” has the
meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange
Act, except that in calculating the beneficial ownership of any particular
“person” (as such term is used in Section 13(d)(3) of the Exchange Act), such
“person” shall be deemed to have beneficial ownership of all securities that
such “person” has the right to acquire, whether such right is currently
exercisable or is exercisable only upon the occurrence of a subsequent
condition.

       

      “Board of Directors” means the
board of directors or comparable governing body of CCI or, if so specified, the
Company, in either case, as constituted as of the date of any determination
required to be made, or action required to be taken, pursuant to this
Indenture.

       

      “Business Day” means any day
other than a Legal Holiday.

       

      “Cable Related Business” means
the business of owning cable television systems and businesses ancillary,
complementary and related thereto.

       

      “Capital Corp” means Charter
Communications Operating Capital Corp., a Delaware corporation, and any
successor Person thereto.

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      “Capital Lease Obligation”
means, at the time any determination thereof is to be made, the amount of the
liability in respect of a capital lease that would at that time be required to
be capitalized on a balance sheet in accordance with GAAP.

       

      “Capital Stock”
means:

       

      
        	
                 
      

              	
                (1)

              	
                in
      the case of a corporation, corporate
stock;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                in
      the case of an association or business entity, any and all shares,
      interests, participations, rights or other equivalents (however
      designated) of corporate stock;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                in
      the case of a partnership or limited liability company, partnership or
      membership interests (whether general or limited);
  and

              

      

       

      
        	
                 
      

              	
                (4)

              	
                any
      other interest (other than any debt obligation) or participation that
      confers on a Person the right to receive a share of the profits and losses
      of, or distributions of assets of, the issuing
  Person.

              

      

       

      “Capital Stock Sale Proceeds”
means the aggregate net proceeds (including the fair market value of the
non-cash proceeds, as determined by an independent appraisal firm) received by
the Company or its Restricted Subsidiaries from and after the Issue Date, in
each case:

       

      
        	
                 
      

              	
                (x)

              	
                as
      a contribution to the common equity capital or from the issue or sale of
      Equity Interests (other than Disqualified Stock and other than issuances
      or sales to a Subsidiary of the Company) of the Company after the Issue
      Date; or

              

      

       

      
        	
                 
      

              	
                (y)

              	
                from
      the issue or sale of convertible or exchangeable Disqualified Stock or
      convertible or exchangeable debt securities of the Company that have been
      converted into or exchanged for such Equity Interests (other than Equity
      Interests (or Disqualified Stock or debt securities) sold to a Subsidiary
      of the Company).

              

      

       

      “Cash Equivalents”
means:

       

      
        	
                 
      

              	
                (1)

              	
                United
      States dollars;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                securities
      issued or directly and fully guaranteed or insured by the United States
      government or any agency or instrumentality thereof (provided that the
      full faith and credit of the United States is pledged in support thereof)
      having maturities of not more than twelve months from the date of
      acquisition;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                certificates
      of deposit and eurodollar time deposits with maturities of twelve months
      or less from the date of acquisition, bankers’ acceptances with maturities
      not exceeding six months and overnight bank deposits, in each case, with
      any domestic commercial bank having combined capital and surplus in excess
      of $500 million and a Thomson BankWatch Rating at the time of acquisition
      of “B” or better;

              

      

       

      
        	
                 
      

              	
                (4)

              	
                repurchase
      obligations with a term of not more than seven days for underlying
      securities of the types described in clauses (2) and (3) above entered
      into with any financial institution meeting the qualifications specified
      in clause (3) above;

              

      

       

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

       

      
        	
                 
      

              	
                (5)

              	
                commercial
      paper having a rating at the time of acquisition of at least “P-1” from
      Moody’s or at least “A-1” from S&P and in each case maturing within
      twelve months after the date of
acquisition;

              

      

       

      
        	
                 
      

              	
                (6)

              	
                corporate
      debt obligations maturing within twelve months after the date of
      acquisition thereof, rated at the time of acquisition at least “Aaa” or
      “P-1” by Moody’s or “AAA” or “A-1” by
S&P;

              

      

       

      
        	
                 
      

              	
                (7)

              	
                auction-rate
      Preferred Stocks of any corporation maturing not later than 45 days after
      the date of acquisition thereof, rated at the time of acquisition at least
      “Aaa” by Moody’s or “AAA” by
S&P;

              

      

       

      
        	
                 
      

              	
                (8)

              	
                securities
      issued by any state, commonwealth or territory of the United States, or by
      any political subdivision or taxing authority thereof, maturing not later
      than six months after the date of acquisition thereof, rated at the time
      of acquisition at least “A” by Moody’s or S&P;
  and

              

      

       

      
        	
                 
      

              	
                (9)

              	
                money
      market or mutual funds at least 90% of the assets of which constitute Cash
      Equivalents of the kinds described in clauses (1) through (8) of this
      definition.

              

      

       

      “Cash Management Obligations”
means, with respect to any Loan Party, any obligations of such Loan Party owed
to any First Lien Secured Party (or any of its affiliates) in respect of
treasury management arrangements, depositary or other cash management
services.

       

      “CCH I” means CCH I, LLC, a
Delaware limited liability company, and any successor Person
thereto.

       

      “CCH I Indentures” means,
collectively, the indenture entered into by CCH I and CCH I Capital Corp., a
Delaware corporation, with respect to their 11.00% Senior Secured Notes due 2015
and any indentures, note purchase agreements or similar documents entered into
by CCH I and CCH I Capital Corp. for the purpose of incurring Indebtedness in
exchange for, or the proceeds from which are used to refinance, any of the
Indebtedness described above, in each case, together with all instruments and
other agreements entered into by CCH I and CCH I Capital Corp. in connection
therewith, as any of the foregoing may be refinanced, replaced, amended,
supplemented or otherwise modified from time to time.

       

      “CCH II” means CCH II, LLC, a
Delaware limited liability company, and any successor Person
thereto.

       

      “CCH II Indentures” means,
collectively, the indentures entered into by CCH II and CCH II Capital Corp., a
Delaware corporation, with respect to their 10.25% Senior Notes due 2010 and
their 10.25% Senior Notes due 2013 and any indentures, note purchase agreements
or similar documents entered into by CCH II and CCH II Capital Corp. for
the purpose of incurring Indebtedness in exchange for, or the proceeds of which
are used to refinance, any of the Indebtedness described above, in each case,
together with all instruments and other agreements entered into by CCH II and
CCH II Capital Corp. in connection therewith, as any of the foregoing may be
refinanced, replaced, amended, supplemented or otherwise modified from time to
time.

       

      “CCHC” means CCHC, LLC, a
Delaware limited liability company, and any successor Person
thereto.

       

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      “CCI” means Charter
Communications, Inc., a Delaware corporation, and any successor Person
thereto.

       

      “CCI Indentures” means,
collectively, the indentures entered into by CCI with respect to its 5.75%
Convertible Senior Notes due 2005, 4.75% Convertible Senior Notes due 2006,
5.875% Convertible Senior Notes due 2009 and 6.50% Convertible Senior Notes due
2027 and any indentures, note purchase agreements or similar documents entered
into by CCI after the Issue Date for the purpose of incurring Indebtedness in
exchange for, or the proceeds of which are used to refinance, any of the
Indebtedness described above, in each case, together with all instruments and
other agreements entered into by CCI in connection therewith, as any of the
foregoing may be refinanced, replaced, amended, supplemented or otherwise
modified from time to time.

       

      “CCO Credit Facility” means
the Amended and Restated Credit Agreement, dated as of March 6, 2007, by and
among the Company, CCOH, the Lenders from time to time parties thereto, JPMorgan
Chase Bank, N.A., as Administrative Agent, JPMorgan Chase Bank, N.A., and Bank
of America, N.A.., as Syndication Agents, Citicorp North America, Inc., Deutsche
Bank Securities Inc., General Electric Capital Corporation and Credit Suisse
Securities (USA) LLC, as Revolving Facility Co-Documentation Agents, and
Citicorp North America, Inc., Credit Suisse Securities (USA) LLC, General
Electric Capital Corporation and Deutsche Bank Securities Inc., as Term Facility
Co-Documentation Agents, as amended, restated, modified, renewed, refunded,
replaced or refinanced in whole or in part from time to time.

       

      “CCOH” means CCO Holdings,
LLC, a Delaware limited liability company, and any successor Person
thereto.

       

      “CCOH Credit Facility” means the
Credit Agreement, dated as of March 6, 2007, by and among CCOH, the Lenders from
time to time parties thereto, Bank of America, N.A., as Administrative Agent,
Banc of America Securities LLC and J.P. Morgan Securities Inc., as
Co-Syndication Agents, and Citigroup Global Markets Inc., Credit Suisse
Securities (USA) LLC and Deutsche Bank Securities Inc., as Co-Documentation
Agents, as amended, restated, modified, renewed, refunded, replaced or
refinanced in whole or in part from time to time.

       

      “CCOH Indentures” means,
collectively, the indenture entered into by CCOH and CCO Holdings Capital Corp.,
a Delaware corporation, with respect to their 8 3/4% Senior Notes due 2013
and any indentures, note purchase agreements or similar documents entered into
by CCOH and CCO Holdings Capital Corp. for the purpose of incurring Indebtedness
in exchange for, or the proceeds of which are used to refinance, any of the
Indebtedness described above, in each case, together with all instruments and
other agreements entered into by CCOH and CCO Holdings Capital Corp. in
connection therewith, as any of the foregoing may be refinanced, replaced,
amended, supplemented or otherwise modified from time to time.

       

      “Change of Control” means the
occurrence of any of the following:

       

      
        	
                 
      

              	
                (1)

              	
                the
      sale, transfer, conveyance or other disposition (other than by way of
      merger or consolidation), in one or a series of related transactions, of
      all or substantially all of the assets of the Company and its
      Subsidiaries, taken as a whole, or of a Parent and its Subsidiaries, taken
      as a whole, to any “person” (as such term is used in Section 13(d)(3) of
      the Exchange Act) other than Paul G. Allen or a Related
    Party;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      adoption of a plan relating to the liquidation or dissolution of the
      Company or a Parent (except the liquidation of any Parent into any other
      Parent);

              

      

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

       

      
        	
                 
      

              	
                (3)

              	
                the
      consummation of any transaction, including any merger or consolidation,
      the result of which is that any “person” (as defined above) other than
      Paul G. Allen or any of the Related Parties becomes the Beneficial Owner,
      directly or indirectly, of more than 35% of the Voting Stock of the
      Company or a Parent, measured by voting power rather than the number of
      shares, unless Paul G. Allen or a Related Party Beneficially Owns,
      directly or indirectly, a greater percentage of Voting Stock of the
      Company or such Parent, as the case may be, measured by voting power
      rather than the number of shares, than such
  person;

              

      

       

      
        	
                 
      

              	
                (4)

              	
                after
      the Issue Date, the first day on which a majority of the members of the
      Board of Directors of CCI are not Continuing
  Directors;

              

      

       

      
        	
                 
      

              	
                (5)

              	
                the
      Company or a Parent consolidates with, or merges with or into, any Person,
      or any Person consolidates with, or merges with or into, the Company or a
      Parent, in any such event pursuant to a transaction in which any of the
      outstanding Voting Stock of the Company or such Parent is converted into
      or exchanged for cash, securities or other property, other than any such
      transaction where the Voting Stock of the Company or such Parent
      outstanding immediately prior to such transaction is converted into or
      exchanged for Voting Stock (other than Disqualified Stock) of the
      surviving or transferee Person constituting a majority of the outstanding
      shares of such Voting Stock of such surviving or transferee Person
      immediately after giving effect to such issuance;
  or

              

      

       

      
        	
                 
      

              	
                (6)

              	
                (i)
      Charter Communications Holding Company, LLC shall cease to own
      beneficially, directly or indirectly, 100% of the Capital Stock of Charter
      Holdings or (ii) Charter Holdings shall cease to own beneficially,
      directly or indirectly, 100% of the Capital Stock of the
      Company.

              

      

       

      “Charter Holdings” means
Charter Communications Holdings, LLC, a Delaware limited liability company, and
any successor Person thereto.

       

      “Charter Holdings Indentures”
means, collectively, (a) the indentures entered into by Charter Holdings and
Charter Communications Holdings Capital Corp. in connection with the issuance of
the 8.250% Senior Notes due 2007 dated March 1999, 8.625% Senior Notes due 2009
dated March 1999, 9.920% Senior Discount Notes Due 2011 dated March 1999, 10.00%
Senior Notes Due 2009 dated January 2000, 10.250% Senior Notes Due 2010 dated
January 2000, 11.750% Senior Discount Notes Due 2010 dated January 2000, 10.75%
Senior Notes Due 2009 dated January 2001, 11.125% Senior Notes Due 2011 dated
January 2001, 13.50% Senior Discount Notes Due 2011 dated January 2001, 9.625%
Senior Notes Due 2009 dated May 2001, 10.00% Senior Notes Due 2011 dated May
2001, 11.750% Senior Discount Notes Due 2011 dated May 2001, 9.625% Senior Notes
Due 2009 dated January 2002, 10.00% Senior Notes Due 2011 dated January 2002 and
12.125% Senior Discount Notes Due 2012 dated January 2002, and (b) any
indentures, note purchase agreements or similar documents entered into by
Charter Holdings and/or Charter Communications Holdings Capital Corp. after the
Issue Date for the purpose of incurring Indebtedness in exchange for, or
proceeds of which are used to refinance, any of the Indebtedness described in
the foregoing clause (a), in each case, together with all instruments and other
agreements entered into by Charter Holdings or Charter Communications Holdings
Capital Corp. in connection therewith, as the same may be refinanced, replaced,
amended, supplemented or otherwise modified from time to time.

       

      “Charter Refinancing
Indebtedness” means any Indebtedness of a Charter Refinancing Subsidiary
issued in exchange for, or the net proceeds of which are used within 90 days
after the date of issuance thereof, to extend, refinance, renew, replace,
defease, purchase, acquire or refund (including suc-

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

         

        cessive
extensions, refinancings, renewals, replacements, defeasances, purchases,
acquisitions or refunds) (i) Indebtedness initially incurred under any one or
more of the Charter Holdings Indentures, the CCI Indentures, the CIH Indentures,
the CCH I Indentures, the CCH II Indentures, the CCOH Indentures, the Existing
CCO Indenture or this Indenture or (ii) any other Indebtedness of a Charter
Refinancing Subsidiary; provided, however, that:

      

       

      
        	
                 
      

              	
                (1)

              	
                the
      principal amount (or accreted value, if applicable) of such Charter
      Refinancing Indebtedness does not exceed the principal amount (or accreted
      value, if applicable) of plus accrued interest and premium, if any, on the
      Indebtedness so extended, refinanced, renewed, replaced, defeased,
      purchased, acquired or refunded (plus the amount of reasonable fees,
      commissions and expenses incurred in connection therewith);
      and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                such
      Charter Refinancing Indebtedness has a final maturity date later than the
      final maturity date of, and has a Weighted Average Life to Maturity equal
      to or greater than the Weighted Average Life to Maturity of, the
      Indebtedness being extended, refinanced, renewed, replaced, defeased or
      refunded.

              

      

       

      “Charter Refinancing
Subsidiary” means CCHC, CIH, CCH I, CCH II or any other directly or
indirectly wholly owned Subsidiary (and any related corporate co-obligor if such
Subsidiary is a limited liability company or other association not taxed as a
corporation) of CCI or Charter Communications Holding Company, LLC which is or
becomes a Parent.

       

      “CIH” means CCH I Holdings,
LLC, a Delaware limited liability company, and any successor Person
thereto.

       

      “CIH Indentures” means,
collectively (a) the indenture pursuant to which the CIH Notes were issued
and (b) any indentures, note purchase agreements or similar documents
entered into by CIH and/or CCH I Holdings Capital Corp. on or after the Issue
Date for the purpose of incurring Indebtedness in exchange for, or the proceeds
of which are used to refinance, any of the Indebtedness outstanding under the
CIH Indenture described in the foregoing clause (a), in each case, together
with all instruments and other agreements entered into by CIH or CCH I Holdings
Capital Corp. in connection therewith, as the same may be refinanced, replaced,
amended, supplemented or otherwise modified from time to time.

       

      “CIH Notes” means each of the
following series of notes issued by CIH and CCH I Holdings Capital
Corp.:  The 11.125% Senior Accreting Notes Due 2014, the
9.920% Senior Accreting Notes Due 2014, the 10.00% Senior Accreting
Notes Due 2014, 11.75% Senior Accreting Notes Due 2014, the
13.50% Senior Accreting Notes Due 2014 and the 12.125% Senior
Accreting Notes Due 2015.

       

      “Collateral” means the assets
that from time to time secure the Notes.

       

      “Commission” or “SEC” means
the Securities and Exchange Commission.

       

      “Company” means Charter
Communications Operating, LLC, a Delaware limited liability company, and any
successor Person thereto.

       

      “Condemnation” means any
taking of the Collateral or any material part thereof, in or by condemnation,
expropriation or similar proceedings, eminent domain proceedings, seizure or
forfeiture, pursuant to any law, general or special, or by reason of the
temporary requisition of the use or occupancy of the Collateral, or any part
thereof, by any Authority.

       

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      “Consolidated EBITDA” means,
with respect to any Person, for any period, the consolidated net income (or net
loss) of such Person and its Restricted Subsidiaries for such period calculated
in accordance with GAAP plus, to the extent such amount was deducted in
calculating such net income:

       

      
        	
                 
      

              	
                (1)

              	
                Consolidated
      Interest Expense;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                income
      taxes;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                depreciation
      expense;

              

      

       

      
        	
                 
      

              	
                (4)

              	
                amortization
      expense;

              

      

       

      
        	
                 
      

              	
                (5)

              	
                all
      other non-cash items, extraordinary items, nonrecurring and unusual items
      (including any restructuring charges and charges related to litigation
      settlements or judgments) and the cumulative effects of changes in
      accounting principles reducing such net income, less all non-cash items,
      extraordinary items, nonrecurring and unusual items and cumulative effects
      of changes in accounting principles increasing such net
      income;

              

      

       

      
        	
                 
      

              	
                (6)

              	
                amounts
      actually paid during such period pursuant to a deferred compensation plan;
      and

              

      

       

      
        	
                 
      

              	
                (7)

              	
                for
      purposes of Section 4.10 only, Management
  Fees;

              

      

       

      all as
determined on a consolidated basis for such Person and its Restricted
Subsidiaries in conformity with GAAP, as in effect at December 31, 2002;
provided, however, that Consolidated EBITDA shall not include:

       

      
        	
                 
      

              	
                (x)

              	
                the
      net income (or net loss) of any Person that is not a Restricted Subsidiary
      (“Other Person”), except

              

      

       

      (i)           with
respect to net income, to the extent of the amount of dividends or other
distributions actually paid to such Person or any of its Restricted Subsidiaries
by such Other Person during such period; and

       

       

      (ii)           with
respect to net losses, to the extent of the amount of investments made by such
Person or any Restricted Subsidiary of such Person in such Other Person during
such period;

       

       

      
        	
                 
      

              	
                (y)

              	
                solely
      for the purposes of calculating the amount of Restricted Payments that may
      be made pursuant to clause (iii) of the first paragraph of Section 4.07
      (and in such case, except to the extent includable pursuant to clause (x)
      above), the net income (or net loss) of any Other Person accrued prior to
      the date it becomes a Restricted Subsidiary or is merged into or
      consolidated with such Person or any Restricted Subsidiaries or all or
      substantially all of the property and assets of such Other Person are
      acquired by such Person or any of its Restricted Subsidiaries;
      and

              

      

       

      
        	
                 
      

              	
                (z)

              	
                the
      net income of any Restricted Subsidiary of the Company to the extent that
      the declaration or payment of dividends or similar distributions by such
      Restricted Subsidiary of such net income is not at the time of
      determination of such Consolidated EBITDA

              

      

       

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

       

      
         

        
          	
                   
      

                	
                   

                	
                   permitted
      by the operation of the terms of such Restricted Subsidiary’s charter or
      any agreement, instrument, judgment, decree, order, statute, rule or
      governmental regulation applicable to such Restricted Subsidiary (other
      than any agreement or instrument evidencing Indebtedness or Preferred
      Stock (i) outstanding on the Issue Date or (ii) incurred or issued
      thereafter in compliance with Section 4.10; provided, however, that
      (a) the terms of any such agreement or instrument restricting the
      declaration and payment of dividends or similar distributions apply only
      in the event of a default with respect to a financial covenant or a
      covenant relating to payment, beyond any applicable period of grace,
      contained in such agreement or instrument, (b) such terms are determined
      by such Person to be customary in comparable financings and (c) such
      restrictions are determined by the Company not to materially affect the
      Issuers’ ability to make principal or interest payments on the Notes when
      due).

                

        

         

      

      “Consolidated Indebtedness”
means, with respect to any Person as of any date of determination, the sum,
without duplication, of:

       

      
        	
                 
      

              	
                (1)

              	
                the
      total amount of outstanding Indebtedness of such Person and its Restricted
      Subsidiaries, plus

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      total amount of Indebtedness of any other Person that has been Guaranteed
      by the referent Person or one or more of its Restricted Subsidiaries,
      plus

              

      

       

      
        	
                 
      

              	
                (3)

              	
                the
      aggregate liquidation value of all Disqualified Stock of such Person and
      all Preferred Stock of Restricted Subsidiaries of such Person, in each
      case, determined on a consolidated basis in accordance with
      GAAP.

              

      

       

      “Consolidated Interest
Expense” means, with respect to any Person for any period, without
duplication, the sum of:

       

      
        	
                 
      

              	
                (1)

              	
                the
      consolidated interest expense of such Person and its Restricted
      Subsidiaries for such period, whether paid or accrued (including
      amortization or original issue discount, non-cash interest payments, the
      interest component of any deferred payment obligations, the interest
      component of all payments associated with Capital Lease Obligations,
      commissions, discounts and other fees and charges incurred in respect of
      letter of credit or bankers’ acceptance financings, and net payments (if
      any) pursuant to Hedging
Obligations);

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      consolidated interest expense of such Person and its Restricted
      Subsidiaries that was capitalized during such period;
  and

              

      

       

      
        	
                 
      

              	
                (3)

              	
                any
      interest expense on Indebtedness of another Person that is guaranteed by
      such Person or one of its Restricted Subsidiaries or secured by a Lien on
      assets of such Person or one of its Restricted Subsidiaries (whether or
      not such Guarantee or Lien is called
upon);

              

      

       

      excluding,
however, any amount of such interest of any Restricted Subsidiary of the
referent Person if the net income of such Restricted Subsidiary is excluded in
the calculation of Consolidated EBITDA pursuant to clause (z) of the definition
thereof (but only in the same proportion as the net income of such Restricted
Subsidiary is excluded from the calculation of Consolidated EBITDA pursuant to
clause (z) of the definition thereof), in each case, on a consolidated basis and
in accordance with GAAP.

       

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      “Continuing Directors” means,
as of any date of determination, any member of the Board of Directors of CCI
who:

       

      
        	
                 
      

              	
                (1)

              	
                was
      a member of the Board of Directors of CCI on the Issue Date;
      or

              

      

       

      
        	
                 
      

              	
                (2)

              	
                was
      nominated for election or elected to the Board of Directors of CCI with
      the approval of a majority of the Continuing Directors who were members of
      such Board of Directors at the time of such nomination or election, or
      whose election or appointment was previously so
  approved.

              

      

       

      “Corporate Trust Office of the
Trustee” shall be at the address of the Trustee specified in
Section 12.02 or such other address as to which the Trustee may give notice
to the Issuers.

       

      “Credit Facilities” means,
with respect to the Company and/or its Restricted Subsidiaries, one or more debt
facilities or commercial paper facilities (including the CCO Credit Facility),
in each case with banks or other lenders (other than a Parent of the Issuers)
providing for revolving credit loans, term loans, debt securities, receivables
financing (including through the sale of receivables to such lenders or to
special purpose entities formed to borrow from such lenders against such
receivables) or letters of credit, in each case, as amended, restated, modified,
renewed, refunded, replaced or refinanced in whole or in part from time to
time.

       

      “Default” means any event that
is, or with the passage of time or the giving of notice or both would be, an
Event of Default.

       

      “Definitive Note” means a
certificated Note registered in the name of the Holder thereof and issued in
accordance with Section 2.06, substantially in the form of Exhibit A
hereto, except that such Note shall not bear the Global Note Legend and shall
not have the “Schedule of Exchanges of Interests in the Global Note” attached
thereto.

       

      “Depositary” means, with
respect to the Global Notes, the Person specified in Section 2.03 as the
Depositary with respect to the Notes, and any and all successors thereto
appointed as depositary hereunder and having become such pursuant to the
applicable provision of this Indenture.

       

      “Disposition” means, with
respect to any Person, any merger, consolidation or other business combination
involving such Person (whether or not such Person is the surviving Person) or
the sale, assignment, transfer, lease or conveyance, or other disposition, of
all or substantially all of such Person’s assets or Capital Stock.

       

      “Disqualified Stock” means any
Capital Stock that, by its terms (or by the terms of any security into which it
is convertible, or for which it is exchangeable, in each case at the option of
the holder thereof) or upon the happening of any event, matures or is
mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or
redeemable at the option of the holder thereof, in whole or in part, on or prior
to the date that is 91 days after the date on which the Notes
mature.  Notwithstanding the preceding sentence, any Capital Stock
that would constitute Disqualified Stock solely because the holders thereof have
the right to require the Company to repurchase such Capital Stock upon the
occurrence of a change of control or an asset sale shall not constitute
Disqualified Stock if the terms of such Capital Stock provide that the Company
may not repurchase or redeem any such Capital Stock pursuant to such provisions
unless such repurchase or redemption complies with Section 4.07.

       

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      “Equity Interests” means
Capital Stock and all warrants, options or other rights to acquire Capital Stock
(but excluding any debt security that is convertible into, or exchangeable for,
Capital Stock).

       

      “Equity Offering” means any
private or underwritten public offering of Qualified Capital Stock of the
Company or a Parent of which the gross proceeds to the Company or received by
the Company as a capital contribution from such Parent (directly or indirectly),
as the case may be, are at least $25 million.

       

      “Exchange Act” means the
Securities Exchange Act of 1934, as amended, or any successor statute or
statutes thereto.

       

      “Existing Indebtedness” means
Indebtedness of the Company and its Restricted Subsidiaries in existence on the
Issue Date, until such amounts are repaid.

       

      “Existing CCO Indenture” means
(a) the indenture pursuant to which the Existing CCO Notes were issued and (b)
any indentures, note purchase agreements or similar documents entered into by
the Issuers after the Issue Date for the purpose of incurring Indebtedness in
exchange for, or the proceeds of which are used to refinance, any of the
Indebtedness described in the foregoing clause (a), in each case, together
with all instruments and other agreements entered into by the Issuers in
connection therewith, as the same may be refinanced, replaced, amended,
supplemented or otherwise modified from time to time.

       

      “Existing CCO Notes” means the
8% Senior Second Lien Notes due 2012 and the 8 3/8% Senior Second Lien Notes due
2014 of the Issuers.

       

      “Existing CCO Notes
Obligations” means (i) all principal of and interest (including any
Post-Petition Interest) and premium (if any) on all indebtedness under the
Existing CCO Indenture, and (ii) all fees, expenses and other amounts (including
costs and indemnification obligations) payable from time to time pursuant to the
Second Lien Documents entered into in connection with the Existing CCO Indenture
(including amounts payable under any Second Lien Guarantee relating to the
Existing CCO Indenture), in each case whether or not allowed or allowable in an
Insolvency Proceeding.

       

      “First Lien Agreement” means
the collective reference to (i) the CCO Credit Facility, (ii) any
Additional First Lien Agreement and (iii) any other credit agreement, loan
agreement, note agreement, promissory note, indenture or other agreement or
instrument evidencing or governing the terms of any indebtedness or other
financial accommodation that has been incurred to extend, replace, refinance or
refund in whole or in part the indebtedness and other obligations outstanding
under the CCO Credit Facility, any Additional First Lien Agreement or any other
agreement or instrument referred to in this clause (iii) unless such
agreement or instrument expressly provides that it is not intended to be and is
not a First Lien Agreement hereunder.  Any reference to the First Lien
Agreement hereunder shall be deemed a reference to any First Lien Agreement then
extant.

       

      “First Lien Creditors” means
the First Lien Representative and the “Lenders” as defined in the First Lien
Agreement, or any Persons that are designated under the First Lien Agreement as
the “First Lien Creditors” for purposes of the Intercreditor
Agreement.

       

      “First Lien Documents” means
the First Lien Agreement, each First Lien Security Document and each First Lien
Guarantee.

       

      “First Lien Guarantee” means
any Guarantee by any Loan Party of any or all of the First Lien
Obligations.

       

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      “First Lien Obligation” means
(i) all principal of and interest (including any Post-Petition Interest)
and premium (if any) on all loans made pursuant to the First Lien Agreement,
(ii) all reimbursement obligations (if any) and interest thereon (including
any Post-Petition Interest) with respect to any letter of credit or similar
instruments issued pursuant to the First Lien Agreement, (iii) all Hedging
Obligations, (iv) all Cash Management Obligations and (v) all fees,
expenses and other amounts payable from time to time pursuant to the First Lien
Documents, in each case whether or not allowed or allowable in an Insolvency
Proceeding.

       

      “First Lien Representative”
means, (i) for so long as any obligations remain outstanding under the CCO
Credit Facility and the Related Obligations, the agent appointed and acting in
accordance with the terms of the CCO Credit Facility and (ii) from and
after the time when no obligations remain outstanding under the CCO Credit
Facility and the Related Obligations, the agent appointed and acting on behalf
of the holders of Pari Passu First Priority Indebtedness determined in
accordance with the terms of the Intercreditor Agreement.

       

      “First Lien Secured Parties”
means the First Lien Representative, the First Lien Creditors and any other
holders of the First Lien Obligations.

       

      “First Lien Security
Documents” means each “Guarantee and Collateral Agreement” as defined in
the First Lien Agreement, and any other documents that are designated under the
First Lien Agreement as “First Lien Security Documents” for purposes of the
Intercreditor Agreement.

       

      “GAAP” means generally
accepted accounting principles set forth in the opinions and pronouncements of
the Accounting Principles Board of the American Institute of Certified Public
Accountants and statements and pronouncements of the Financial Accounting
Standards Board or in such other statements by such other entity as have been
approved by a significant segment of the accounting profession, which are in
effect on the Issue Date.

       

      “Global Note Legend” means the
legend set forth in Section 2.06(f)(ii), which is required to be placed on
all Global Notes issued under this Indenture.

       

      “Global Notes” means,
individually and collectively, each of the Restricted Global Notes and the
Unrestricted Global Notes.

       

      “Government Securities” means
direct obligations of, or obligations guaranteed by, the United States of
America, and the payment for which the United States pledges its full faith and
credit.

       

      “Guarantee” or “guarantee”
means a guarantee other than by endorsement of negotiable instruments for
collection in the ordinary course of business, direct or indirect, in any manner
including by way of a pledge of assets or through letters of credit or
reimbursement agreements in respect thereof, of all or any part of any
Indebtedness, measured as the lesser of the aggregate outstanding amount of the
Indebtedness so guaranteed and the face amount of the guarantee.

       

      “Guarantee and Pledge Availability
Period” means any period during which (a) Charter Holdings satisfies the
Leverage Condition or (b) the Leverage Condition is no longer applicable
(whether as a result of payment in full, defeasance or otherwise, but not as a
result of an exception not requiring satisfaction of the Leverage Condition) to
the ability of any Subsidiary of the Issuers to issue a Note Guarantee or pledge
collateral to secure the Notes.

       

      “Guarantor”
means:

       

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (1)

              	
                each
      Restricted Subsidiary that executes and delivers a Note Guarantee pursuant
      to Section 4.17, and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                each
      other Person that otherwise executes and delivers a Note Guarantee
      (including CCOH),

              

      

       

      in each
case, (i) whether or not the Effectiveness Condition is satisfied, and (ii)
until such time as such Person is released from its Note Guarantee in accordance
with the provisions of this Indenture.  CCOH and any Restricted
Subsidiary that has executed and delivered this Indenture as a Guarantor shall
be deemed to have executed and delivered a Note Guarantee.

       

      “Hedging Obligations” means,
with respect to any Person, the obligations of such Person under:

       

      
        	
                 
      

              	
                (1)

              	
                interest
      rate swap agreements, interest rate cap agreements and interest rate
      collar agreements;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                interest
      rate option agreements, foreign currency exchange agreements, foreign
      currency swap agreements; and

              

      

       

      
        	
                 
      

              	
                (3)

              	
                other
      agreements or arrangements designed to protect such Person against
      fluctuations in interest and currency exchange
  rates.

              

      

       

      “Helicon Preferred Stock”
means the preferred limited liability company interest of Charter-Helicon LLC
with an aggregate liquidation value of $25 million.

       

      “Holder” means a record-holder
of the Notes.

       

      “Indebtedness” means, with
respect to any specified Person, any indebtedness of such Person, whether or not
contingent:

       

      
        	
                 
      

              	
                (1)

              	
                in
      respect of borrowed money;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                evidenced
      by bonds, notes, debentures or similar instruments or letters of credit
      (or reimbursement agreements in respect
  thereof);

              

      

       

      
        	
                 
      

              	
                (3)

              	
                in
      respect of banker’s acceptances;

              

      

       

      
        	
                 
      

              	
                (4)

              	
                representing
      Capital Lease Obligations;

              

      

       

      
        	
                 
      

              	
                (5)

              	
                in
      respect of the balance deferred and unpaid of the purchase price of any
      property, except any such balance that constitutes an accrued expense or
      trade payable; or

              

      

       

      
        	
                 
      

              	
                (6)

              	
                representing
      the notional amount of any Hedging
Obligations,

              

      

       

      if and to
the extent any of the preceding items (other than letters of credit and Hedging
Obligations) would appear as a liability upon a balance sheet of the specified
Person prepared in accordance with GAAP.  In addition, the term
“Indebtedness” includes all Indebtedness of others secured by a Lien on any
asset of the specified Person (whether or not such Indebtedness is assumed by
the specified Person) and, to the extent not otherwise included, the guarantee
by such Person of any indebtedness of any other Person.

       

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

      The
amount of any Indebtedness outstanding as of any date shall be:

       

      
        	
                 
      

              	
                (1)

              	
                the
      accreted value thereof, in the case of any Indebtedness issued with
      original issue discount; and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      principal amount thereof, together with any interest thereon that is more
      than 30 days past due, in the case of any other
    Indebtedness.

              

      

       

      “Indenture” means this
Indenture, as amended or supplemented from time to time.

       

      “Initial Notes” means the
Issuers’ 10.875% Senior Second Lien Notes due 2014, issued on the Issue Date
(and any Notes issued in respect thereof pursuant to Section 2.06, 2.07, 2.10,
3.06, 3.09, 4.16 or 9.05).

       

      “Insolvency Proceeding” means
any proceeding in respect of bankruptcy, insolvency, winding up, receivership,
dissolution or assignment for the benefit of creditors, in each of the foregoing
events whether under a Bankruptcy Law or otherwise.

       

      “Institutional Accredited
Investor” means an institution that is an “accredited investor” as
defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act that is
not also a QIB.

       

      “Intercreditor Agreement”
means the amended and restated Intercreditor Agreement, dated as of March 19,
2008, between, the Trustee, on behalf of all present and future holders of the
Notes, the trustee under the Existing CCO Indenture, on behalf of all present
and future holders of the Existing CCO Notes, and JPMorgan Chase Bank, N.A., as
administrative agent under the CCO Credit Facility, acting on behalf of itself
and all present and future First Lien Secured Parties, as amended, restated,
modified, renewed, refunded, replaced or refinanced in whole or in part from
time to time.

       

      “Investment Grade Rating”
means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and
BBB- (or the equivalent) by S&P.

       

      “Investments” means, with
respect to any Person, all investments by such Person in other Persons,
including Affiliates, in the forms of direct or indirect loans (including
guarantees of Indebtedness or other obligations), advances or capital
contributions (excluding commission, travel and similar advances to officers and
employees made in the ordinary course of business) and purchases or other
acquisitions for consideration of Indebtedness, Equity Interests or other
securities, together with all items that are or would be classified as
investments on a balance sheet prepared in accordance with GAAP.

       

      “Issue Date” means March 19,
2008.

       

      “Issuers” has the meaning
assigned to it in the preamble to this Indenture.

       

      “Legal Holiday” means a
Saturday, a Sunday or a day on which banking institutions in The City of New
York or at a place of payment are authorized by law, regulation or executive
order to remain closed.  If a payment date is a Legal Holiday at a
place of payment, payment may be made at that place on the next succeeding day
that is not a Legal Holiday, and no interest shall accrue on such payment for
the intervening period.

       

      “Lenders” means the lenders
from time to time under the CCO Credit Facility.

       

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

      “Leverage Condition” means the
condition in the Charter Holdings Indentures that Charter Holdings be able to
incur an additional $1.00 of Indebtedness (as defined in the Charter Holdings
Indentures) under the Leverage Ratio (as defined in the Charter Holdings
Indentures) test set forth in the first paragraph of Section 4.10 of each of the
Charter Holdings Indentures as in effect on the Issue Date, calculated in
accordance with the terms of the Charter Holdings Indentures and Charter
Holdings’ past practice (including, if applicable, review by Charter Holdings’
independent accountants) for satisfying such condition, which in any event shall
be deemed satisfied if, and at any time, such condition is deemed satisfied for
purposes of any CCO Credit Facility.

       

      “Leverage Ratio” means, as to
the Company, as of any date, the ratio of:

       

      
        	
                 
      

              	
                (1)

              	
                the
      Consolidated Indebtedness of the Company on such date
  to

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      aggregate amount of Consolidated EBITDA for the Company for the most
      recently ended fiscal quarter for which internal financial statements are
      available (the “Reference Period”) multiplied by
  four.

              

      

       

      In
addition to the foregoing, for purposes of this definition, “Consolidated
EBITDA” shall be calculated on a pro forma basis after giving effect
to:

       

      
        	
                 
      

              	
                (1)

              	
                the
      issuance of the Notes;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      incurrence of the Indebtedness or the issuance of the Disqualified Stock
      or other Preferred Stock (and the application of the proceeds therefrom)
      giving rise to the need to make such calculation and any incurrence or
      issuance (and the application of the proceeds therefrom) or repayment of
      other Indebtedness, Disqualified Stock or Preferred Stock, other than the
      incurrence or repayment of Indebtedness for ordinary working capital
      purposes, at any time subsequent to the beginning of the Reference Period
      and on or prior to the date of determination, as if such incurrence (and
      the application of the proceeds thereof), or the repayment, as the case
      may be, occurred on the first day of the Reference Period;
    and

              

      

       

      
        	
                 
      

              	
                (3)

              	
                any
      Dispositions or Asset Acquisitions (including any Asset Acquisition giving
      rise to the need to make such calculation as a result of such Person or
      one of its Restricted Subsidiaries (including any person that becomes a
      Restricted Subsidiary as a result of such Asset Acquisition) incurring,
      assuming or otherwise becoming liable for or issuing Indebtedness,
      Disqualified Stock or Preferred Stock) made on or subsequent to the first
      day of the Reference Period and on or prior to the date of determination,
      as if such Disposition or Asset Acquisition (including the incurrence,
      assumption or liability for any such Indebtedness, Disqualified Stock or
      Preferred Stock and also including any Consolidated EBITDA associated with
      such Asset Acquisition, including any cost savings adjustments in
      compliance with Regulation S-X promulgated by the Commission) had occurred
      on the first day of the Reference
Period.

              

      

       

      “Lien” means, with respect to
any asset, any mortgage, lien, pledge, charge, security interest or encumbrance
of any kind in respect of such asset, whether or not filed, recorded or
otherwise perfected under applicable law, including any conditional sale or
other title retention agreement, any lease in the nature thereof, any option or
other agreement to sell or give a security interest in and any filing of or
agreement to give any financing statement under the Uniform Commercial Code (or
equivalent statutes) of any jurisdiction.

       

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      “Loan Party” means the Company
and each direct or indirect affiliate or shareholder (or equivalent) of the
Company or any of its affiliates that is now or hereafter becomes a party to any
First Lien Document or Second Lien Document.

       

      “Make-Whole Premium” means an
amount equal to the excess of (a) the present value of the remaining interest
and principal payments due on a Note to its final maturity date, computed using
a discount rate equal to the Treasury Rate on such date plus 0.50%, over (b) the
outstanding principal amount of such Note.

       

      “Management Fees” means the
fees (including expense reimbursements) payable to any Parent pursuant to the
management and mutual services agreements between or among any one or more of
the Company, its Parents and their Restricted Subsidiaries and pursuant to the
limited liability company agreements of certain Restricted Subsidiaries as such
management, mutual services or limited liability company agreements exist on the
Issue Date (or, if later, on the date any new Restricted Subsidiary is acquired
or created), including any amendment or replacement thereof; provided, however,
that any such new agreements or amendments or replacements of existing
agreements, taken as a whole, are not more disadvantageous to the Holders in any
material respect than such agreements existing on the Issue Date; and provided
further, however, that such new, amended or replacement management agreements do
not provide for percentage fees, taken together with fees under existing
agreements, any higher than 3.5% of CCI’s consolidated total revenues for the
applicable payment period.

       

      “Moody’s” means Moody’s
Investors Service, Inc. or any successor to the rating agency business
thereof.

       

      “Net Proceeds” means the
aggregate cash proceeds received by the Company or any of its Restricted
Subsidiaries in respect of any Asset Sale (including any cash received upon the
sale or other disposition of any non-cash consideration received in any Asset
Sale), net of the direct costs relating to such Asset Sale, including legal,
accounting and investment banking fees, and sales commissions, and any
relocation expenses incurred as a result thereof or taxes paid or payable as a
result thereof (including amounts distributable in respect of owners’, partners’
or members’ tax liabilities resulting from such sale), in each case after taking
into account any available tax credits or deductions and any tax sharing
arrangements and amounts required to be applied to the repayment of
Indebtedness.

       

      “Non-Recourse Debt” means
Indebtedness:

       

      
        	
                 
      

              	
                (1)

              	
                as
      to which neither the Company nor any of its Restricted
      Subsidiaries

              

      

       

      (a)           provides
credit support of any kind (including any undertaking, agreement or instrument
that would constitute Indebtedness);

       

       

      (b)           is
directly or indirectly liable as a guarantor or otherwise; or

       

       

      (c)           constitutes
the lender;

       

       

      
        	
                 
      

              	
                (2)

              	
                no
      default with respect to which (including any rights that the holders
      thereof may have to take enforcement action against an Unrestricted
      Subsidiary) would permit upon notice, lapse of time or both any holder of
      any other Indebtedness (other than the Notes) of the Company or any of its
      Restricted Subsidiaries to declare a default on such
  

              

      

       

       

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                   
      

                	
                   

                	
                  other
      Indebtedness or cause the payment thereof to be accelerated or payable
      prior to its stated maturity; and

                

        

         

      

      
        	
                 
      

              	
                (3)

              	
                as
      to which the lenders have been notified in writing that they will not have
      any recourse to the stock or assets of the Company or any of its
      Restricted Subsidiaries.

              

      

       

      “Non-U.S. Person” means a
Person who is not a U.S. Person.

       

      “Note Custodian” means the
Trustee when serving as custodian for the Depositary with respect to the Global
Notes, or any successor entity thereto.

       

      “Note Guarantee” means the
guarantee of the Issuers’ payment obligations under the Notes subject to the
Effectiveness Condition.  If the Effectiveness Condition is satisfied,
the Note Guarantees will be unconditional guarantees of payment.

       

      “Notes” means the Initial
Notes and any Additional Notes.  The  Initial Notes and any
Additional Notes shall be treated as a single class for all purposes under this
Indenture, and unless the context otherwise requires, all references to the
Notes shall include the Initial Notes and any Additional Notes.

       

      “Notes Obligations” means (i)
all principal of and interest (including any Post-Petition Interest) and premium
(if any) on all indebtedness under this Indenture and the Notes, and (ii) all
fees, expenses and other amounts (including costs and indemnification
obligations) payable from time to time pursuant to the Second Lien Documents
entered into in connection with this Indenture (including amounts payable under
any Note Guarantee relating to this Indenture), in each case whether or not
allowed or allowable in an Insolvency Proceeding.

       

      “Officer” means, with respect
to any Person, the Chairman of the Board, the Chief Executive Officer, the
President, the Chief Operating Officer, the Chief Financial Officer, the
Treasurer, any Assistant Treasurer, the Controller, the Secretary or any
Vice-President of such Person.

       

      “Officers’ Certificate” means
a certificate signed on behalf of the Company or Capital Corp, as the case may
be, by two Officers of the Company or Capital Corp, as the case may be, one of
whom must be the principal executive officer, the chief financial officer or the
treasurer of the Company or Capital Corp, as the case may be, that meets the
requirements of Section 12.05.

       

      “Opinion of Counsel” means an
opinion from legal counsel that meets the requirements of
Section 12.05.  The counsel may be an employee of or counsel to
the Company or any Subsidiary of the Company.

       

      “Other Global Note” means a
global note substantially in the form of Exhibit A hereto bearing the Global
Note Legend and the Private Placement Legend and deposited with or on behalf of,
and registered in the name of, the Depositary or its nominee that will be issued
(or the principal amount of which will be increased) in connection with a
transfer pursuant to Section 2.13(c).

       

      “Parent” means CCOH, CCH II,
CCH I, CIH, Charter Holdings, CCHC, Charter Communications Holding Company, LLC,
CCI and/or any direct or indirect Subsidiary of the foregoing 100% of the
Capital Stock of which is owned directly or indirectly by one or more of the
foregoing Persons, as applicable, and that directly or indirectly beneficially
owns 100% of the Capital Stock of the Company, and any successor Person to any
of the foregoing.

       

       

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

       

       

      “Pari Passu First Priority
Indebtedness” means the Indebtedness represented by (i) the obligations
under a Credit Facility and any Related Obligations to the extent incurred in
compliance with the terms of this Indenture and (ii) the obligations under any
Additional Pari Passu First Priority Indebtedness to the extent incurred in
compliance with the terms of this Indenture.

       

      “Pari Passu First Priority Secured
Parties” means each of (i) the Bank Agents on behalf of themselves and
the Lenders and the Related Obligations Counterparties and (ii) the holders from
time to time of any Additional Pari Passu First Priority Indebtedness and the
duly authorized representative(s) of such holders, if any; provided, however,
that each such Person, or the duly authorized representative thereof, shall have
become a party to the applicable Security Documents.

       

      “Pari Passu Indebtedness”
means, with respect to any Person, Indebtedness of such Person unless, with
respect to any other item of Indebtedness of such Person, the instrument
creating or evidencing the same or pursuant to which the same is outstanding or
any other agreement governing the terms of such Indebtedness expressly provides
that such Indebtedness shall be subordinated in right of payment to any other
Indebtedness or obligation of such Person.  Notwithstanding the
foregoing, “Pari Passu Indebtedness” shall not include:

       

      
        	
                 
      

              	
                (i)

              	
                Indebtedness
      of the Company owed to any Restricted Subsidiary or Affiliate of the
      Company or Indebtedness of any such Restricted Subsidiary owed to the
      Company or any other Restricted Subsidiary or any Affiliate of such
      Restricted Subsidiary;

              

      

       

      
        	
                 
      

              	
                (ii)

              	
                Indebtedness
      incurred in violation of this
Indenture;

              

      

       

      
        	
                 
      

              	
                (iii)

              	
                Indebtedness
      represented by Disqualified Stock;
and

              

      

       

      
        	
                 
      

              	
                (iv)

              	
                any
      Indebtedness to or guaranteed on behalf of any shareholder (other than a
      Parent), director, officer or employee of the Company or any Restricted
      Subsidiary of the Company.

              

      

       

      “Pari Passu Second Priority
Indebtedness” means the Indebtedness represented by (i) the Notes and the
Note Guarantees, (ii) the Existing CCO Notes and the guarantees thereof and
(iii) the obligations under any Additional Pari Passu Second Priority
Indebtedness, in each case, to the extent incurred in compliance with the terms
of this Indenture.

       

      “Pari Passu Second Priority Secured
Parties” means each of (i) the Trustee, on behalf of itself and the
Holders, (ii) the trustee for the Existing CCO Notes, on behalf of itself and
the holders of the Existing CCO Notes, and (iii) the holders from time to time
of any Additional Pari Passu Second Priority Indebtedness and the duly
authorized representative(s) of such holders, if any; provided, however, that
each such Person, or the duly authorized representative thereof, shall have
become a party to the applicable Security Documents.

       

      “Permanent Regulation S Global
Note” means a Regulation S Global Note that does not bear the Temporary
Regulation S Legend.

       

      “Permitted Investments”
means:

       

      
        	
                 
      

              	
                (1)

              	
                any
      Investment by the Company in a Restricted Subsidiary thereof, or any
      Investment by a Restricted Subsidiary of the Company in the Company or in
      another Restricted Subsidiary of the
Company;

              

      

       

       

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (2)

              	
                any
      Investment in Cash Equivalents;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                any
      Investment by the Company or any of its Restricted Subsidiaries in a
      Person, if as a result of such
Investment:

              

      

       

      (a)           such
Person becomes a Restricted Subsidiary of the Company, or

       

       

      (b)           such
Person is merged, consolidated or amalgamated with or into, or transfers or
conveys substantially all of its assets to, or is liquidated into, the Company
or a Restricted Subsidiary of the Company;

       

       

      
        	
                 
      

              	
                (4)

              	
                any
      Investment made as a result of the receipt of non-cash consideration from
      an Asset Sale that was made pursuant to and in compliance with Section
      4.11;

              

      

       

      
        	
                 
      

              	
                (5)

              	
                any
      Investment made out of the net cash proceeds of the issue and sale (other
      than to a Subsidiary of the Company) of Equity Interests (other than
      Disqualified Stock) or cash contributions to the common equity of the
      Company, in each case after April 27, 2004, to the extent that such net
      cash proceeds have not been applied to make a Restricted Payment or to
      effect other transactions pursuant to Section 4.07 hereof (with the
      amount of usage of the basket in this clause (5) being determined net of
      the aggregate amount of principal, interest, dividends, distributions,
      repayments, proceeds or other value otherwise returned or recovered in
      respect of any such Investment but not to exceed the initial amount of
      such Investment);

              

      

       

      
        	
                 
      

              	
                (6)

              	
                other
      Investments in any Person (other than any Parent) having an aggregate fair
      market value, when taken together with all other Investments in any Person
      made by the Company and its Restricted Subsidiaries (without duplication)
      pursuant to this clause (6) from and after the Issue Date, not to exceed
      $750 million (initially measured on the date each such Investment was made
      and without giving effect to subsequent changes in value, but reducing the
      amount outstanding by the aggregate amount of principal, interest,
      dividends, distributions, repayments, proceeds or other value otherwise
      returned or recovered in respect of any such Investment, but not to exceed
      the initial amount of such Investment) at any one time
      outstanding;

              

      

       

      
        	
                 
      

              	
                (7)

              	
                Investments
      in customers and suppliers in the ordinary course of business which
      either;

              

      

       

      (A)           generate
accounts receivable, or

       

       

      (B)           are
accepted in settlement of bona
fide disputes;

       

       

      
        	
                 
      

              	
                (8)

              	
                Investments
      consisting of payments by the Company or any of its Subsidiaries of
      amounts that are neither dividends nor distributions but are payments of
      the kind described in clause (2) of the second paragraph of Section 4.07
      to the extent such payments constitute Investments;
  and

              

      

       

       

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (9)

              	
                regardless
      of whether a Default then exists, Investments in any Unrestricted
      Subsidiary made by the Company and/or any of its Restricted Subsidiaries
      with the proceeds of (x) distributions from any Unrestricted Subsidiary or
      (y) capital contributions received from any Parent (other than
      CCI).

              

      

       

      “Permitted Liens”
means;

       

      
        	
                 
      

              	
                (1)

              	
                Liens
      on the assets of the Company and its Restricted Subsidiaries securing
      Indebtedness described under clause (1) of the second paragraph of Section
      4.10 and other obligations under the agreements governing such
      Indebtedness and Related Obligations or under clause (10) of such second
      paragraph;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                Liens
      in favor of the Company;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                Liens
      to secure the performance of statutory obligations, surety or appeal
      bonds, performance bonds or other obligations of a like nature and that do
      not constitute Indebtedness, incurred in the ordinary course of
      business;

              

      

       

      
        	
                 
      

              	
                (4)

              	
                Liens
      for taxes, assessments or governmental charges or claims that are not yet
      delinquent or that are being contested in good faith by appropriate
      proceedings promptly instituted and diligently concluded; provided,
      however, that any reserve or other appropriate provision as shall be
      required in conformity with GAAP shall have been made
      therefor;

              

      

       

      
        	
                 
      

              	
                (5)

              	
                statutory
      and common law Liens of landlords and carriers, warehousemen, mechanics,
      suppliers, materialmen, repairmen or other similar Liens arising in the
      ordinary course of business and with respect to amounts not yet delinquent
      or being contested in good faith by appropriate legal proceedings promptly
      instituted and diligently conducted and for which a reserve or other
      appropriate provision, if any, as shall be required in conformity with
      GAAP shall have been made;

              

      

       

      
        	
                 
      

              	
                (6)

              	
                Liens
      incurred or deposits made in the ordinary course of business in connection
      with workers’ compensation, unemployment insurance and other types of
      social security;

              

      

       

      
        	
                 
      

              	
                (7)

              	
                Liens
      incurred or deposits made to secure the performance of tenders, bids,
      leases, statutory or regulatory obligation, bankers’ acceptance, surety
      and appeal bonds, government contracts, performance and return-of-money
      bonds and other obligations of a similar nature incurred in the ordinary
      course of business (exclusive of obligations for the payment of borrowed
      money);

              

      

       

      
        	
                 
      

              	
                (8)

              	
                easements,
      rights-of-way, municipal and zoning ordinances and similar charges,
      encumbrances, title defects or other irregularities that do not materially
      interfere with the ordinary course of business of the Company or any of
      its Restricted Subsidiaries;

              

      

       

      
        	
                 
      

              	
                (9)

              	
                Liens
      of franchisors or other regulatory bodies arising in the ordinary course
      of business;

              

      

       

      
        	
                 
      

              	
                (10)

              	
                Liens
      arising from filing Uniform Commercial Code financing statements regarding
      leases or other Uniform Commercial Code financing statements for
      precautionary purposes relating to arrangements not constituting
      Indebtedness;

              

      

       

       

      
        
          
          

        

        
          21

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (11)

              	
                Liens
      arising from the rendering of a final judgment or order against the
      Company or any of its Restricted Subsidiaries that does not give rise to
      an Event of Default;

              

      

       

      
        	
                 
      

              	
                (12)

              	
                Liens
      securing reimbursement obligations with respect to letters of credit (but
      not with respect to Indebtedness) that encumber documents and other
      property relating to such letters of credit and the products and proceeds
      thereof;

              

      

       

      
        	
                 
      

              	
                (13)

              	
                Liens
      consisting of any interest or title of licensor in the property subject to
      a license;

              

      

       

      
        	
                 
      

              	
                (14)

              	
                Liens
      arising from the sales or other transfers of accounts receivable which are
      past due or otherwise doubtful of collection in the ordinary course of
      business;

              

      

       

      
        	
                 
      

              	
                (15)

              	
                Liens
      incurred in the ordinary course of business of the Company and its
      Restricted Subsidiaries with respect to obligations which in the aggregate
      do not exceed $50 million at any one time
  outstanding;

              

      

       

      
        	
                 
      

              	
                (16)

              	
                Liens
      in favor of the Trustee arising under this Indenture and similar
      provisions in favor of trustees or other agents or representatives under
      indentures or other agreements governing debt instruments entered into
      after the date hereof;

              

      

       

      
        	
                 
      

              	
                (17)

              	
                Liens
      in favor of the Trustee for its benefit and the benefit of Holders of all
      of the Notes, as their respective interests
  appear;

              

      

       

      
        	
                 
      

              	
                (18)

              	
                purchase
      money mortgages or other purchase money Liens (including any Capital Lease
      Obligations) incurred by the Company or any Restricted Subsidiary upon any
      fixed or capital assets, assets useful in developing a telephony business
      and/or assets useful for general operating financing needs acquired after
      the Issue Date or purchase money mortgages (including Capital Lease
      Obligations) on any such assets, whether or not assumed, existing at the
      time of acquisition of such assets, whether or not assumed, so long
      as:

              

      

       

      (a)           such
mortgage or lien does not extend to or cover any of the assets of the Company or
such Restricted Subsidiary, except the asset so developed, constructed or
acquired, and directly related assets such as enhancements and modifications
thereto, substitutions, replacements, proceeds (including insurance proceeds),
products, rents and profits thereof; and

       

       

      (b)           such
mortgage or lien secures the obligation to pay all or a portion of the purchase
price of such asset, interest thereon and other charges, costs and expenses
(including the cost of design, development, construction, acquisition,
transportation, installation, improvement and migration) and is incurred in
connection therewith (or the obligation under such Capital Lease Obligation)
only;

       

       

      
        	
                 
      

              	
                (19)

              	
                Liens
      securing Permitted Refinancing Indebtedness, to the extent that the
      Indebtedness being refinanced was secured or was permitted to be secured
      by such Liens; and

              

      

       

      
        	
                 
      

              	
                (20)

              	
                Liens
      securing Indebtedness outstanding under the CCO Credit Facilities on the
      Issue Date.

              

      

       

       

      
        
          
          

        

        
          22

          
            

          

        

        
          
          

        

      

       

      “Permitted Refinancing
Indebtedness” means any Indebtedness of the Company or any of its
Restricted Subsidiaries issued in exchange for, or the net proceeds of which are
used, directly or indirectly, within 60 days of the date of issuance thereof to
extend, refinance, renew, replace, defease or refund, other Indebtedness of the
Company or any of its Restricted Subsidiaries (other than intercompany
Indebtedness); provided, however, that unless permitted otherwise by this
Indenture, no Indebtedness of any Restricted Subsidiary may be issued in
exchange for, nor may the net proceeds of Indebtedness be used to extend,
refinance, renew, replace, defease or refund, Indebtedness of the Company;
provided further, however, that:

       

      
        	
                 
      

              	
                (1)

              	
                the
      principal amount (or accreted value, if applicable) of such Permitted
      Refinancing Indebtedness does not exceed the principal amount of (or
      accreted value, if applicable) plus accrued interest and premium, if any,
      on the Indebtedness so extended, refinanced, renewed, replaced, defeased
      or refunded (plus the amount of reasonable expenses incurred in connection
      therewith), except to the extent that any such excess principal amount (or
      accreted value, as applicable) would be then permitted to be incurred by
      other provisions of
Section 4.10;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                such
      Permitted Refinancing Indebtedness has a final maturity date later than
      the final maturity date of, and has a Weighted Average Life to Maturity
      equal to or greater than the Weighted Average Life to Maturity of, the
      Indebtedness being extended, refinanced, renewed, replaced, defeased or
      refunded; and

              

      

       

      
        	
                 
      

              	
                (3)

              	
                if
      the Indebtedness being extended, refinanced, renewed, replaced, defeased
      or refunded is subordinated in right of payment to the Notes, such
      Permitted Refinancing Indebtedness has a final maturity date later than
      the final maturity date of, and is subordinated in right of payment to,
      the Notes on terms at least as favorable to the Holders as those contained
      in the documentation governing the Indebtedness being extended,
      refinanced, renewed, replaced, defeased or
  refunded.

              

      

       

      “Person” means any individual,
corporation, partnership, joint venture, association, limited liability company,
joint stock company, trust, unincorporated organization, government or agency or
political subdivision thereof or any other entity.

       

      “Post-Petition Interest” means
any interest or entitlement to fees or expenses or other charges that accrues
after the commencement of any Insolvency Proceeding, whether or not allowed or
allowable in any such Insolvency Proceeding.

       

      “Preferred Stock,” as applied
to the Capital Stock of any Person, means Capital Stock of any class or classes
(however designated) which, by its terms, is preferred as to the payment of
dividends, or as to the distribution of assets upon any voluntary or involuntary
liquidation or dissolution of such Person, over shares of Capital Stock of any
other class of such Person.

       

      “Private Placement Legend”
means the legend set forth in Section 2.06(f)(i) to be placed on all Notes
issued under this Indenture except where otherwise permitted by the provisions
of this Indenture.

       

      “Productive Assets” means
assets (including assets of a referent Person owned directly or indirectly
through ownership of Capital Stock) of a kind used or useful in the Cable
Related Business.

       

      “QIB” means a “qualified
institutional buyer” as defined in Rule 144A.

       

       

      
        
          
          

        

        
          23

          
            

          

        

        
          
          

        

      

       

      “QIB Global Note” means a
global note substantially in the form of Exhibit A hereto bearing the Global
Note Legend and the Private Placement Legend and deposited with or on behalf of,
and registered in the name of, the Depositary or its nominee that will be issued
in an initial denomination that, when aggregated with the initial denomination
of the other QIB Global Notes, will equal the outstanding principal amount of
the Initial Notes or any Additional Notes, in each case initially sold in
reliance on Rule 144A or Section 4(2) of the Securities Act.

       

      “Qualified Capital Stock”
means Capital Stock that is not Disqualified Stock.

       

      “Rating Agencies” means
Moody’s and S&P.

       

      “Regulation S” means
Regulation S promulgated under the Securities Act.

       

      “Regulation S Global Note”
means a global note substantially in the form of Exhibit A hereto, bearing
the Global Note Legend and the Private Placement Legend and deposited with or on
behalf of, and registered in the name of, the Depositary or its nominee that
will be issued in an initial denomination that, when aggregated with the initial
denominations of the other Regulation S Global Notes, will equal to the
outstanding principal amount of the Initial Notes or any Additional Notes , in
each case, initially sold in reliance on Rule 903 of Regulation
S.

       

      “Related Cash Management
Obligations” means obligations of the Company or any Restricted
Subsidiary arising from treasury, depository and cash management services
provided by one or more of the Bank Agents or the Lenders or their Affiliates or
designees or other parties permitted under the CCO Credit Facility.

       

      “Related Hedging Obligations”
means Hedging Obligations of the Company or any Restricted Subsidiary entered
into with one or more of the Bank Agents or the Lenders or their Affiliates or
designees or other parties permitted under the CCO Credit Facility.

       

      “Related Obligations” means,
collectively, the Related Cash Management Obligations and the Related Hedging
Obligations.

       

      “Related Obligations
Counterparties” means the Bank Agents and/or Lenders and their Affiliates
counterparties to the Related Obligations.

       

      “Related Party”
means:

       

      
        	
                 
      

              	
                (1)

              	
                the
      spouse or an immediate family member, estate or heir of Paul G. Allen;
      or

              

      

       

      
        	
                 
      

              	
                (2)

              	
                any
      trust, corporation, partnership or other entity, the beneficiaries,
      stockholders, partners, owners or Persons beneficially holding an 80% or
      more controlling interest of which consist of Paul G. Allen and/or such
      other Persons referred to in the immediately preceding clause
      (1).

              

      

       

      “Responsible
Officer,” when used with respect to the Trustee, means any officer within the
Corporate Trust Administration of the Trustee (or any successor group of the
Trustee) with direct responsibility for the administration of this Indenture and
also means, with respect to a particular corporate trust matter, any other
officer to whom such matter is referred because of his knowledge of and
familiarity with the particular subject.

       

       

      
        
          
          

        

        
          24

          
            

          

        

        
          
          

        

      

       

      “Restricted Definitive Note”
means a Definitive Note bearing the Private Placement Legend.

       

      “Restricted Global Note” means
a Global Note bearing the Private Placement Legend.

       

      “Restricted Investment” means
an Investment other than a Permitted Investment.

       

      “Restricted Period” means the
relevant 40-day distribution compliance period as defined in
Regulation S.

       

      “Restricted Subsidiary” of a
Person means any Subsidiary of the referent Person that is not an Unrestricted
Subsidiary.

       

      “Rule 144” means
Rule 144 promulgated under the Securities Act.

       

      “Rule 144A” means
Rule 144A promulgated under the Securities Act.

       

      “Rule 144A Global Note”
means a global note substantially in the form of Exhibit A hereto, bearing the
Global Note Legend and the Private Placement Legend and deposited with or on
behalf of, and registered in the name of, the Depositary or its nominee that
will be issued in an initial denomination equal to the outstanding principal
amount of the Initial Notes or any Additional Notes, in each case initially sold
in reliance on Rule 144A.

       

      “Rule 903” means
Rule 903 promulgated under the Securities Act.

       

      “Rule 904” means
Rule 904 promulgated under the Securities Act.

       

      “S&P” means Standard &
Poor’s Ratings Service, a division of The McGraw-Hill Companies, Inc., or any
successor to the rating agency business thereof.

       

      “Second Lien Agreement” means
the collective reference to (i) the Existing CCO Indenture, (ii) this Indenture,
(iii) each Additional Second Lien Agreement and (iv) any other credit
agreement, loan agreement, note agreement, promissory note, indenture, or other
agreement or instrument evidencing or governing the terms of any indebtedness or
other financial accommodation that has been incurred to extend, replace,
refinance or refund in whole or in part the indebtedness and other obligations
outstanding under the Existing CCO Indenture, this Indenture, any Additional
Second Lien Agreement or any other agreement or instrument referred to in this
clause (iv).  Any reference to the Second Lien Agreement
hereunder shall be deemed a reference to any Second Lien Agreement then
extant.

       

      “Second Lien Documents” means
each Second Lien Agreement, each Second Lien Security Document and each Second
Lien Guarantee.

       

      “Second Lien Guarantee” means
any Guarantee by any Loan Party that is a Subsidiary or Parent of the Company of
any or all of the Second Lien Obligations.

       

      “Second Lien Obligations”
means (i) the Notes Obligations, (ii) the Existing CCO Notes Obligations and
(iii) any Additional Second Lien Obligations.

       

      “Second Lien Representative”
means the Trustee, but shall also include any Person identified as a “Second
Lien Representative” in any Second Lien Agreement other than the
Indenture.

       

       

      
        
          
          

        

        
          25

          
            

          

        

        
          
          

        

      

       

      “Secured Parties” means,
collectively, the Pari Passu First Priority Secured Parties and the Pari Passu
Second Priority Secured Parties.

       

      “Securities Act” means the
Securities Act of 1933, as amended, or any successor statute or statutes
thereto.

       

      “Security Documents” means,
collectively, all security agreements, mortgages, deeds of trust, pledges,
collateral assignments and other agreements or instruments evidencing or
creating any security in favor of the Trustee and any Holders in any or all of
the Collateral, in each case, as amended from time to time in accordance with
the terms thereof.

       

      “Senior Secured Leverage
Ratio” means, as to the Company, as of any date, the ratio
of:

       

      
        	
                 
      

              	
                (1)

              	
                the
      Indebtedness, Attributable Debt or Trade Payables of the Company and any
      of its Subsidiaries that are secured by, or have the benefit of, any Lien
      that is in any respect senior to the Liens in favor of the Notes on such
      date to

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      aggregate amount of Consolidated EBITDA for the Company for the most
      recently ended fiscal quarter for which internal financial statements are
      available (the “Reference Period”) multiplied by
  four.

              

      

       

      In
addition to the foregoing, for purposes of this definition, “Consolidated
EBITDA” shall be calculated on a pro forma basis after giving
effect to

       

      
        	
                 
      

              	
                (1)

              	
                the
      issuance of the Notes;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                the
      incurrence of the Indebtedness or the issuance of the Disqualified Stock
      or other Preferred Stock (and the application of the proceeds therefrom)
      giving rise to the need to make such calculation and any incurrence or
      issuance (and the application of the proceeds therefrom) or repayment of
      other Indebtedness, Disqualified Stock or Preferred Stock, other than the
      incurrence or repayment of Indebtedness for ordinary working capital
      purposes, at any time subsequent to the beginning of the Reference Period
      and on or prior to the date of determination, as if such incurrence (and
      the application of the proceeds thereof) or the repayment, as the case may
      be, occurred on the first day of the Reference Period;
  and

              

      

       

      
        	
                 
      

              	
                (3)

              	
                any
      Dispositions or Asset Acquisitions (including any Asset Acquisition giving
      rise to the need to make such calculation as a result of such Person or
      one of its Restricted Subsidiaries (including any Person that becomes a
      Restricted Subsidiary as a result of such Asset Acquisition) incurring,
      assuming or otherwise becoming liable for or issuing Indebtedness,
      Disqualified Stock or Preferred Stock) made on or subsequent to the first
      day of the Reference Period and on or prior to the date of determination,
      as if such Disposition or Asset Acquisition (including the incurrence,
      assumption or liability for any such Indebtedness, Disqualified Stock or
      Preferred Stock and also including any Consolidated EBITDA associated with
      such Asset Acquisition, including any cost savings adjustments in
      compliance with Regulation S-X promulgated by the Commission) had occurred
      on the first day of the Reference
Period.

              

      

       

      “Significant Subsidiary” means
(a) with respect to any Person, any Restricted Subsidiary of such Person which
would be considered a “Significant Subsidiary” as defined in Rule 1-02(w) of
Regulation S-X under the Securities Act and (b) in addition, with respect to the
Company, Capital Corp.

       

       

      
        
          
          

        

        
          26

          
            

          

        

        
          
          

        

      

       

      “Stated Maturity” means, with
respect to any installment of interest or principal on any series of
Indebtedness, the date on which such payment of interest or principal was
scheduled to be paid in the documentation governing such Indebtedness on the
Issue Date, or, if none, the original documentation governing such Indebtedness,
and shall not include any contingent obligations to repay, redeem or repurchase
any such interest or principal prior to the date originally scheduled for the
payment thereof.

       

      “Subsidiary” means, with
respect to any Person:

       

      
        	
                 
      

              	
                (1)

              	
                any
      corporation, association or other business entity of which at least 50% of
      the total voting power of shares of Capital Stock entitled (without regard
      to the occurrence of any contingency) to vote in the election of
      directors, managers or trustees thereof is at the time owned or
      controlled, directly or indirectly, by such Person or one or more of the
      other Subsidiaries of such Person (or a combination thereof) and, in the
      case of any such entity of which 50% of the total voting power of shares
      of Capital Stock is so owned or controlled by such Person or one or more
      of the other Subsidiaries of such Person, such Person and its Subsidiaries
      also have the right to control the management of such entity pursuant to
      contract or otherwise; and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                any
      partnership

              

      

       

      (a)           the
sole general partner or the managing general partner of which is such Person or
a Subsidiary of such Person, or

       

       

      (b)           the
only general partners of which are such Person or one or more Subsidiaries of
such Person (or any combination thereof).

       

       

      “Tax” shall mean any tax,
duty, levy, impost, assessment or other governmental charge (including
penalties, interest and any other liabilities related thereto).

       

      “Temporary Regulation S Global
Note” means a Regulation S Global Note that bears the Temporary
Regulation S Legend.

       

      “TIA” means the Trust
Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date
on which this Indenture is qualified under the TIA; provided, however, that in
the event the Trust Indenture Act of 1939 is amended after such date, then “TIA”
means, to the extent required by such amendment, the Trust Indenture Act of 1939
as so amended.

       

      “Transfer Restricted Notes”
means Notes that bear or are required to bear the Private Placement
Legend.

       

      “Treasury Rate” means, for any
date, the yield to maturity at the time of computation of United States Treasury
securities with a constant maturity (as compiled and published in the most
recent Federal Reserve Statistical Release H.15(519) that has become publicly
available at least two Business Days prior to the applicable redemption date
(or, if such Statistical Release is no longer published, any publicly available
source of similar market data)) most nearly equal to the period from the
applicable redemption date to March 15, 2012; provided, however, that if the
period from the applicable redemption date is not equal to the constant maturity
of a United States Treasury security for which a weekly average yield is given,
the Treasury Rate shall be obtained by linear interpolation (calculated to the
nearest one-twelfth of a year) from the weekly average yields of United States
Treasury securities for which such 

       

      
        
          
          

        

        
          27

          
            

          

        

        
          
          

        

         

        yields
are given except that if the period from the applicable redemption date to March
15, 2012 is less than one year, the weekly average yield on actually traded
United States Treasury Securities adjusted to a constant maturity of one year
shall be used.

      

       

      “Trustee” means Wilmington
Trust Company until a successor replaces Wilmington Trust Company in accordance
with the applicable provisions of this Indenture and thereafter means the
successor serving hereunder.

       

      “Unrestricted Definitive Note”
means one or more Definitive Notes that do not bear and are not required to bear
the Private Placement Legend.

       

      “Unrestricted Global Note”
means a permanent global note substantially in the form of Exhibit A attached
hereto that bears the Global Note Legend and that has the “Schedule of Exchanges
of Interests in the Global Note” attached thereto, and that is deposited with or
on behalf of and registered in the name of the Depositary, representing Notes
that do not bear the Private Placement Legend.

       

      “Unrestricted Subsidiary”
means any Subsidiary of the Company that is designated by the Board of Directors
of the Company or CCI as an Unrestricted Subsidiary pursuant to a board
resolution, but only to the extent that such Subsidiary:

       

      
        	
                 
      

              	
                (1)

              	
                has
      no Indebtedness other than Non-Recourse
Debt;

              

      

       

      
        	
                 
      

              	
                (2)

              	
                is
      not party to any agreement, contract, arrangement or understanding with
      the Company or any Restricted Subsidiary of the Company unless the terms
      of any such agreement, contract, arrangement or understanding are no less
      favorable to the Company or any Restricted Subsidiary of the Company than
      those that might be obtained at the time from Persons who are not
      Affiliates of the Company unless such terms constitute Investments
      permitted by Section 4.08, Asset Sales permitted by Section 4.11 or
      sale-leaseback transactions permitted by Section
  4.12;

              

      

       

      
        	
                 
      

              	
                (3)

              	
                is
      a Person with respect to which neither the Company nor any of its
      Restricted Subsidiaries has any direct or indirect
    obligation

              

      

       

      (a)           to
subscribe for additional Equity Interests or

       

       

      (b)           to
maintain or preserve such Person’s financial condition or to cause such Person
to achieve any specified levels of operating results;

       

       

      
        	
                 
      

              	
                (4)

              	
                has
      not guaranteed or otherwise directly or indirectly provided credit support
      for any Indebtedness of the Company or any of its Restricted Subsidiaries;
      and

              

      

       

      
        	
                 
      

              	
                (5)

              	
                does
      not own any Capital Stock of any Restricted Subsidiary of the
      Company.

              

      

       

      Any
designation of a Subsidiary of the Company as an Unrestricted Subsidiary shall
be evidenced to the Trustee by filing with the Trustee a certified copy of the
board resolution giving effect to such designation and an Officers’ Certificate
certifying that such designation complied with the preceding conditions and was
permitted by Section 4.08.  If, at any time, any Unrestricted
Subsidiary would fail to meet the preceding requirements as an Unrestricted
Subsidiary, it shall thereafter cease to be an Unrestricted Subsidiary for
purposes of this Indenture, except in the case of an Unrestricted Subsidiary
that is deemed to become a 

       

       

      
        
          
          

        

        
          28

          
            

          

        

        
          
          

        

      

       

      Restricted
Subsidiary on any Reversion Date, and any Indebtedness of such Subsidiary shall
be deemed to be incurred by a Restricted Subsidiary of the Company as of such
date and, if such Indebtedness is not permitted to be incurred as of such date
under Section 4.10, the Company shall be in default of Section
4.10.  The Board of Directors of the Company or CCI may at any time
designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided,
however, that such designation shall be deemed to be an incurrence of
Indebtedness by a Restricted Subsidiary of any outstanding Indebtedness of such
Unrestricted Subsidiary and such designation shall only be permitted
if:

       

      
        	
                 
      

              	
                (1)

              	
                such
      Indebtedness is permitted under Section 4.10, calculated on a pro forma
      basis as if such designation had occurred at the beginning of the
      four-quarter reference period; and

              

      

       

      
        	
                 
      

              	
                (2)

              	
                no
      Default or Event of Default would be in existence immediately following
      such designation.

              

      

       

      Any such
designation shall be evidenced to the Trustee by filing with the Trustee a
certified copy of the board resolution giving effect to such designation and an
Officer’s Certificate certifying such designation complied with the preceding
conditions.

       

      “U.S. Person” means a U.S.
person as defined in Rule 902(k) under the Securities Act.

       

      “Voting Stock” of any Person
as of any date means the Capital Stock of such Person that is at the time
entitled to vote in the election of the board of directors or comparable
governing body of such Person.

       

      “Weighted Average Life to
Maturity” means, when applied to any Indebtedness at any date, the number
of years obtained by dividing:

       

      
        	
                 
      

              	
                (1)

              	
                the
      sum of the products obtained by
multiplying

              

      

       

      (a)           the
amount of each then remaining installment, sinking fund, serial maturity or
other required payments of principal, including payment at final maturity, in
respect thereof, by

       

       

      (b)           the
number of years (calculated to the nearest one-twelfth) that will elapse between
such date and the making of such payment; by

       

       

      
        	
                 
      

              	
                (2)

              	
                the
      then outstanding principal amount of such
  Indebtedness.

              

      

       

      “Wholly Owned Restricted
Subsidiary” of any Person means a Restricted Subsidiary of such Person
all of the outstanding common equity interests or other ownership interests of
which (other than directors’ qualifying shares) shall at the time be owned by
such Person and/or by one or more Wholly Owned Restricted Subsidiaries of such
Person.

       

      Section
1.02 Other
Definitions.

       

      
        
          
          

        

        
          29

          
            

          

        

        
          
          

        

      

       

       

      
        	
                Term

              	 	
                
                  Defined
      in Section

                

              	 
	
                “Adjusted
      Net
      Assets”                                                                        

              	 	 	11.05	 
	
                “Affiliate
      Transaction”                                                                        

              	 	 	4.13	 
	
                “Agent
      Members                                                                        

              	 	 	2.06	 
	
                “Asset
      Sale
      Offer”                                                                        

              	 	 	3.09	 
	
                “Authentication
      Order”                                                                        

              	 	 	2.02	 
	
                “Change
      of Control
      Offer”                                                                        

              	 	 	4.16	 
	
                “Change
      of Control
      Payment”                                                                        

              	 	 	4.16	 
	
                “Change
      of Control Payment
      Date”                                                                        

              	 	 	4.16	 
	
                “Company
      Notice”                                                                        

              	 	 	10.03	 
	
                “Covenant
      Defeasance”                                                                        

              	 	 	8.03	 
	
                “DTC”                                                                        

              	 	 	2.03	 
	
                “Effectiveness
      Condition”                                                                        

              	 	 	11.03	 
	
                “Event
      of
      Default”                                                                        

              	 	 	6.01	 
	
                “Excess
      Proceeds”                                                                        

              	 	 	4.11	 
	
                “Funding
      Guarantor”                                                                        

              	 	 	11.05	 
	
                “incur”                                                                        

              	 	 	4.10	 
	
                “Legal
      Defeasance”                                                                        

              	 	 	8.02	 
	
                “Offer
      Amount”                                                                        

              	 	 	3.09	 
	
                “Offer
      Period”                                                                        

              	 	 	3.09	 
	
                “Paying
      Agent”                                                                        

              	 	 	2.03	 
	
                “Payment
      Default”                                                                        

              	 	 	6.01	 
	
                “Permitted
      Debt”                                                                        

              	 	 	4.10	 
	
                “Purchase
      Date”                                                                        

              	 	 	3.09	 
	
                “QIB                                                                        

              	 	 	2.01	 
	
                “Ratio
      Debt”                                                                        

              	 	 	4.10	 
	
                “Reference
      Date”                                                                        

              	 	 	4.07	 
	
                “Registrar”                                                                        

              	 	 	2.03	 
	
                “Released
      Collateral”                                                                        

              	 	 	10.03	 
	
                “Restricted
      Payments”                                                                        

              	 	 	4.07	 
	
                “Reversion
      Date”                                                                        

              	 	 	4.19	 
	
                “Regulations
      S”                                                                        

              	 	 	2.01	 
	
                “Rule
      144A”

              	 	 	2.01	 
	
                “Suspended
      Covenants”                                                                        

              	 	 	4.19	 
	
                “Suspension
      Period”                                                                        

              	 	 	4.19	 
	
                “Temporary
      Regulation S
      Legend”                                                                        

              	 	 	2.06	 
	
                “Trustee”

              	 	 	8.05	 

      

      

       

      Section
1.03 Incorporation
by Reference of Trust Indenture Act.

       

      Whenever
this Indenture refers to a provision of the TIA, the provision is incorporated
by reference in and made a part of this Indenture.

       

      The
following TIA terms used in this Indenture have the following
meanings:

       

      “indenture
securities” means the Notes;

       

      “indenture
security holder” means a Holder;

       

       

      
        
          
          

        

        
          30

          
            

          

        

        
          
          

        

      

       

      “indenture
to be qualified” means this Indenture;

       

      “indenture
trustee” or “institutional trustee” means the Trustee; and

       

      “obligor”
on the Notes means the Issuers and any successor obligor upon the
Notes.

       

      All other
terms used in this Indenture that are defined by the TIA, defined by TIA
reference to another statute or defined by SEC rule under the TIA have the
meanings so assigned to them.

       

      Section
1.04 Rules
of Construction.

       

      Unless
the context otherwise requires:

       

      
        (i) a term
has the meaning assigned to it;

         

        (ii) an
accounting term not otherwise defined has the meaning assigned to it, and all
accounting determinations shall be made, in accordance with GAAP;

         

        (iii) “or” is
not exclusive and “including” means “including without limitation”;

         

        (iv) words in
the singular include the plural, and in the plural include the
singular;

         

        (v) all
exhibits are incorporated by reference herein and expressly made a part of this
Indenture;

         

        (vi) references
to sections of or rules under the Securities Act shall be deemed to include
substitute, replacement or successor sections or rules adopted by the SEC from
time to time;

         

        (vii) references
to any statute, law, rule or regulation shall be deemed to refer to the same as
from time to time amended and in effect and to any successor statute, law, rule
or regulation;

         

        (viii) references
to any contract, agreement or instrument shall mean the same as amended,
modified, supplemented or amended and restated from time to time, in each case,
in accordance with any applicable restrictions contained in this Indenture;
and

         

        (ix) any
transaction or event shall be considered “permitted by” or made “in accordance
with” or “in compliance with” this Indenture or any particular provision thereof
if such transaction or event is not expressly prohibited by this Indenture or
such provision, as the case may be.

         

      

      ARTICLE
2

       

      THE
NOTES

       

      Section
2.01 Form
and Dating.

       

      (a) General.  The Notes and
the Trustee’s certificate of authentication shall be substantially in the form
of Exhibit A hereto.  The Notes may have notations, legends or
endorsements required by law, stock exchange rule or usage.  Each Note
shall be dated the date of its authentication.  The Notes shall be in
denominations of $2,000 and integral multiples of $1,000 in excess
thereof.

       

       

      
        
          
          

        

        
          31

          
            

          

        

        
          
          

        

      

       

      The
Global Notes shall be deposited on behalf of the purchasers of the Notes
represented thereby with the Trustee as custodian for the Depositary, and
registered in the name of the Depositary or a nominee of the Depositary, duly
executed by the Issuers and authenticated by the Trustee as hereinafter
provided.

       

      Each
Global Note shall represent such of the outstanding Notes as shall be specified
therein and each shall provide that it shall represent the aggregate amount of
outstanding Notes from time to time endorsed thereon and that the aggregate
amount of outstanding Notes represented thereby may from time to time be reduced
or increased, as appropriate, to reflect exchanges, redemptions and transfers of
interests.  Any endorsement of a Global Note to reflect the amount of
any increase or decrease in the amount of outstanding Notes represented thereby
shall be made by the Trustee or the Note Custodian, at the direction of the
Trustee, in accordance with instructions given by the Holder thereof as required
by Section 2.06 hereof.

       

      (b) The Initial
Notes are being issued by the Issuers only (i) to “qualified institutional
buyers” (as defined in Rule 144A under the Securities Act (“Rule
144A”))
(“QIBs”) and
(ii) in reliance on Regulation S under the Securities Act
(“Regulation S”).  After
such initial offers, Initial Notes that are Transfer Restricted Notes may be
transferred (i) to an Issuer, (ii) pursuant to an effective registration
statement under the Securities Act, (iii) so long as such Initial Note is
eligible for resale pursuant to Rule 144A, to a person whom the transferor
reasonably believes is a QIB purchasing for its own account or for the account
of a QIB, in each case, to whom notice is given that the offer, resale, pledge
or other transfer is being made in reliance on Rule 144A, (iv) to Non-U.S.
Persons in an offshore transaction in accordance with Rule 904 of
Regulation S, or (v) in any other transaction that does not require
registration under the Securities Act.  Initial Notes that are offered
to QIBs in reliance on Section 4(2) of the Securities Act shall be issued in the
form of one or more permanent QIB Global Notes deposited with the Trustee, as
Note Custodian, duly executed by the Issuers and authenticated by the Trustee as
hereinafter provided.  Initial Notes that are offered in offshore
transactions in reliance on Regulation S shall be issued in the form of one or
more Temporary Regulation S Global Notes deposited with the Trustee, as Note
Custodian, duly executed by the Issuers and authenticated by the Trustee as
hereinafter provided.  The QIB Global Notes and the Regulation S
Global Notes shall each be issued with separate CUSIP numbers.  The
aggregate principal amount of each Global Note may from time to time be
increased or decreased by adjustments made on the records of the Trustee, as
Note Custodian.  Transfers of Notes between or among QIBs and to or by
purchasers pursuant to Regulation S shall be represented by appropriate
increases and decreases to the respective amounts of the appropriate Global
Notes, as more fully provided in Sections 2.06 and
2.14.

       

      Section
2.01(b) shall apply only to Global Notes deposited with or on behalf of the
Depositary.

       

      (c) The Trustee
shall have no responsibility or obligation to any Holder that is a member of (or
a participant in) DTC or any other Person with respect to the accuracy of the
records of DTC (or its nominee) or of any participant or member thereof, with
respect to any ownership interest in the Notes or with respect to the delivery
of any notice (including any notice of redemption) or the payment of any amount
or delivery of any Notes (or other security or property) under or with respect
to the Notes.  The Trustee may rely (and shall be fully protected in
relying) upon information furnished by DTC with respect to its members,
participants and any beneficial owners in the Notes.

       

      Section
2.02 Execution
and Authentication.

       

      Two
Officers shall sign the Notes for each Issuer by manual or facsimile
signature.

       

      If an
Officer whose signature is on a Note no longer holds that office at the time a
Note is authenticated, the Note shall nevertheless be valid.

       

       

      
        
          
          

        

        
          32

          
            

          

        

        
          
          

        

      

       

      A Note
shall not be valid until authenticated by the manual signature (which may be by
facsimile) of the Trustee.  The signature shall be conclusive evidence
that the Note has been authenticated under this Indenture.

       

      At any
time and from time to time after the execution and delivery of this Indenture,
the Issuers may deliver Notes executed by the Issuers to the Trustee for
authentication; and the Trustee shall authenticate and deliver (i) Initial
Notes for original issue in the aggregate principal amount of $545,896,000, and
(ii) Additional Notes from time to time for original issue in aggregate
principal amount specified by the Issuers, in each case, upon a written order of
the Issuers signed by two Officers of each of the Issuers (an “Authentication
Order”).  Such Authentication Order shall specify the amount of
the Notes to be authenticated and the date on which the Notes are to be
authenticated, whether such Notes are to be Initial Notes or Additional Notes
and whether the Notes are to be issued as one or more Global Notes and such
other information as the Issuers may include or the Trustee may reasonably
request.  The aggregate principal amount of Notes which may be
authenticated and delivered under this Indenture is unlimited.

       

      Initial
Notes and Additional Notes offered and sold in reliance on the exemption from
registration under the Securities Act provided by Section 4(2) thereunder or
Rule 144A shall be issued as one or more Rule 144A Global
Notes.  Initial Notes and Additional Notes offered and sold in
offshore transactions in reliance on Regulation S shall be issued as one or more
Regulation S Global Notes.

       

      The
Trustee may appoint an authenticating agent acceptable to the Issuers to
authenticate Notes.  An authenticating agent may authenticate Notes
whenever the Trustee may do so.  Each reference in this Indenture to
authentication by the Trustee includes authentication by such
agent.  An authenticating agent has the same rights as an Agent to
deal with Holders or an Affiliate of the Issuers.

       

      Section
2.03 Registrar
and Paying Agent.

       

      The
Issuers shall maintain an office or agency where Notes may be presented for
registration of transfer or for exchange (“Registrar”) and an office or
agency where Notes may be presented for payment (“Paying
Agent”).  The Registrar shall keep a register of the Notes and
of their transfer and exchange.  The Issuers may appoint one or more
co-registrars and one or more additional paying agents.  The term
“Registrar” includes
any co-registrar and the term “Paying Agent” includes any
additional paying agent.  The Issuers may change any Paying Agent or
Registrar without notice to any Holder.  The Issuers shall notify the
Trustee in writing of the name and address of any Agent not a party to this
Indenture.  If the Issuers fail to appoint or maintain another entity
as Registrar or Paying Agent, the Trustee shall act as such.  The
Company or any of its Subsidiaries may act as Paying Agent or
Registrar.

       

      The
Issuers initially appoint The Depository Trust Company (“DTC”) to act as Depositary
with respect to the Global Notes.

       

      The
Issuers initially appoint the Trustee to act as the Registrar and Paying Agent
and to act as custodian with respect to the Global Notes.

       

      Section
2.04 Paying Agent to Hold Money in
Trust.

       

      The
Issuers shall require each Paying Agent other than the Trustee to agree in
writing that the Paying Agent shall hold in trust for the benefit of Holders or
the Trustee all money held by the Paying Agent for the payment of all amounts
payable to the Trustee under the first clause of Section 6.10, and of principal,
premium, if any, or interest on the Notes, and shall notify the Trustee of any
default by the Issuers in making any such payment.  While any such
default continues, the Trustee may require a 

       

       

      
        
          
          

        

        
          33

          
            

          

        

        
          
          

        

         

         

        Paying
Agent to pay all money held by it to the Trustee and to account for monies
already paid.  The Issuers at any time may require a Paying Agent to
pay all money held by it to the Trustee.  Upon payment over to the
Trustee, the Paying Agent (if other than the Company or a Subsidiary) shall have
no further liability for the money.  If the Company or a Subsidiary
acts as Paying Agent, it shall segregate and hold in a separate trust fund for
the benefit of the Holders or the Trustee all money held by it as Paying
Agent.

      

       

      Section
2.05 Holder
Lists.

       

      The
Trustee shall preserve in as current a form as is reasonably practicable the
most recent list available to it of the names and addresses of all Holders and
shall otherwise comply with TIA § 312(a).  If the Trustee is not
the Registrar, the Issuers shall furnish to the Trustee at least seven Business
Days before each interest payment date and at such other times as the Trustee
may request in writing, a list in such form and as of such date as the Trustee
may reasonably require of the names and addresses of the Holders and the Issuers
shall otherwise comply with TIA § 312(a).

       

      Section
2.06 Transfer
and Exchange.

       

      (a) Each Global
Note shall (i) be registered in the name of the Depositary for such Global Notes
or the nominee of such Depositary, (ii) be delivered to the Trustee as custodian
for such Depositary and (iii) bear legends as set forth in Section
2.06(f).

       

      Members
of, or participants in, the Depositary (“Agent Members”) shall have no
rights under this Indenture with respect to any Global Note held on their behalf
by the Depositary, or the Trustee as its custodian, or under such Global Note,
and the Depositary may be treated by the Issuers, the Trustee and any agent of
the Company or the Trustee as the absolute owner of such Global Note for all
purposes whatsoever.  Notwithstanding the foregoing, nothing herein
shall prevent the Issuers, the Trustee or any agent of the Issuers or the
Trustee, from giving effect to any written certification, proxy or other
authorization furnished by the Depositary or impair, as between the Depositary
and its Agent Members, the operation of customary practices governing the
exercise of the rights of a Holder of any Note.

       

      (b) Transfers of
a Global Note shall be limited to transfers of such Global Note in whole, but
not in part, to the Depositary, its successors or their respective
nominees.  Interests of beneficial owners in a Global Note may be
transferred in accordance with Section 2.13 and the rules and procedures of the
Depositary.  In addition, Definitive Notes shall be transferred to all
beneficial owners in exchange for their beneficial interests if (i) the
Depositary notifies the Issuers that the Depositary is unwilling or unable to
continue as Depositary for the Global Notes or the Depositary ceases to be a
“clearing agency” registered under the Exchange Act and a successor depositary
is not appointed by the Issuers within ninety (90) days of such notice,
(ii) the Issuers at their sole discretion, notify the Trustee in writing
that they elect to cause the issuance of Definitive Notes under this Indenture
or (iii) an Event of Default of which a Responsible Officer of the Trustee has
actual notice has occurred and is continuing and the Registrar has received a
request from the Depositary to issue such Definitive
Notes.

       

      (c) In
connection with the transfer of the entire Global Note to beneficial owners
pursuant to clause (b) of this Section, such Global Note shall be deemed to be
surrendered to the Trustee for cancellation, and the Issuers shall execute, and
the Trustee shall authenticate and deliver, to each beneficial owner identified
by the Depositary in exchange for its beneficial interest in such Global Note an
equal aggregate principal amount of Definitive Notes of authorized
denominations.

       

      (d) The
registered holder of a Global Note may grant proxies and otherwise authorize any
person, including Agent Members and persons that may hold interests through
Agent Members, to take any action which a Holder is entitled to take under this
Indenture or the Notes.

       

       

      
        
          
          

        

        
          34

          
            

          

        

        
          
          

        

      

       

      (e) A Definitive
Note may not be transferred or exchanged for a beneficial interest in a Global
Note.

       

      (f) Legends.  The
following legends shall appear on the face of all Global Notes and Definitive
Notes issued under this Indenture unless specifically stated otherwise in the
applicable provisions of this Indenture.

       

      
        	
                (i)  

              	
                Private Placement
      Legend.  Except as permitted by Section 2.13, each Global
      Note and each Definitive Note (and all Notes issued in exchange therefor
      or substitution thereof) shall bear the legend in substantially the
      following form:

              

      

       

      THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER
JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY
BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE
DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS
EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY
BY ITS ACCEPTANCE HEREOF AGREES TO OFFER, SELL OR OTHERWISE TRANSFER SUCH
SECURITY, PRIOR TO THE DATE (THE “RESALE RESTRICTION TERMINATION DATE”) WHICH IS
ONE YEAR, OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE 144(D) UNDER THE
SECURITIES ACT OR ANY SUCCESSOR PROVISION THEREUNDER, AFTER THE LATER OF THE
ORIGINAL ISSUE DATE HEREOF, AND THE LAST DATE ON WHICH THE ISSUERS OR ANY
AFFILIATE OF THE ISSUERS WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF
SUCH SECURITY) OR SUCH LATER DATE, IF ANY, AS MAY BE REQUIRED BY LAW, ONLY (A)
TO THE ISSUERS OR ANY OF THEIR SUBSIDIARIES, (B) PURSUANT TO A REGISTRATION
STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO
LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE
SECURITIES ACT (“RULE 144A”), TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED
INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A THAT PURCHASES FOR ITS OWN ACCOUNT
OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN
THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS
AND SALES TO NON-U.S. PERSONS THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE
MEANING OF REGULATION S UNDER THE SECURITIES ACT, (E) TO AN “ACCREDITED
INVESTOR” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE
SECURITIES ACT THAT IS AN “INSTITUTIONAL ACCREDITED INVESTOR” ACQUIRING THE
SECURITY FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF SUCH AN INSTITUTIONAL
ACCREDITED INVESTOR, IN EACH CASE IN A MINIMUM PRINCIPAL AMOUNT OF THE
SECURITIES OF $250,000, FOR INVESTMENT PURPOSES AND NOT WITH A VIEW TO OR FOR
OFFER OR SALE IN CONNECTION WITH ANY DISTRIBUTION IN VIOLATION OF THE SECURITIES
ACT OR (F) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION 

       

       

      
        
          
          

        

        
          35

          
            

          

        

        
          
          

        

      

       

      FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE ISSUERS’ AND THE
TRUSTEE’S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES
(D), (E) OR (F) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION
AND/OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM. THIS LEGEND WILL BE
REMOVED UPON THE REQUEST OF THE HOLDER AFTER THE RESALE RESTRICTION TERMINATION
DATE.

       

      
        	
                (ii)  

              	
                Global Note
      Legend.  Each Global Note shall bear a legend in
      substantially the following
form:

              

      

       

      UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OR TRANSFER,
EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUIRED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY OR SUCH OTHER REPRESENTATIVE OF
THE DEPOSITORY TRUST COMPANY OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (AND ANY PAYMENT HEREON IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY) ANY TRANSFER, PLEDGE OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      TRANSFERS
OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART,
TO NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S
NOMINEE.

       

      
        	
                (iii)  

              	
                Temporary Regulation S
      Legend.  Each
      Regulation S Global Note shall initially bear a legend (the
      “Temporary
      Regulation S Legend”) in
      substantially the following
form:

              

      

       

      THE
HOLDER OF THIS NOTE BY ACCEPTANCE HEREOF ALSO AGREES, REPRESENTS AND WARRANTS
THAT IF IT IS A PURCHASER IN A SALE THAT OCCURS OUTSIDE THE UNITED STATES WITHIN
THE MEANING OF REGULATION S OF THE SECURITIES ACT, IT ACKNOWLEDGES THAT, UNTIL
EXPIRATION OF THE “40-DAY DISTRIBUTION COMPLIANCE PERIOD” WITHIN THE MEANING OF
RULE 903 OF REGULATION S, ANY OFFER OR SALE OF THIS NOTE SHALL NOT BE MADE BY IT
TO A U.S. PERSON TO OR FOR THE ACCOUNT OR BENEFIT OF A U.S. PERSON WITHIN THE
MEANING OF RULE 902(k) UNDER THE SECURITIES ACT.

       

      (g) Cancellation and/or Adjustment of Global
Notes.  At such time as all beneficial interests in a
particular Global Note have been exchanged for Definitive Notes or a particular
Global Note has been redeemed, repurchased or canceled in whole and not in part,
each such Global Note shall be re-

       

      
        
          
          

        

        
          36

          
            

          

        

        
          
          

        

         

         

        turned to or
retained and canceled by the Trustee in accordance with
Section 2.11.  At any time prior to such cancellation, if any
beneficial interest in a Global Note is exchanged for or transferred to a Person
who will take delivery thereof in the form of a beneficial interest in another
Global Note or for Definitive Notes, the principal amount of Notes represented
by such Global Note shall be reduced accordingly and an endorsement shall be
made on such Global Note by the Trustee or by the Depositary at the direction of
the Trustee to reflect such reduction; and if the beneficial interest is being
exchanged for or transferred to a Person who will take delivery thereof in the
form of a beneficial interest in another Global Note, such other Global Note
shall be increased accordingly and an endorsement shall be made on such Global
Note by the Trustee or by the Depositary at the direction of the Trustee to
reflect such increase.

      

       

      (h) General
Provisions Relating to Transfers and Exchanges.

       

      (i) To permit
registrations of transfers and exchanges, the Issuers shall execute and the
Trustee shall authenticate Global Notes and Definitive Notes upon the Issuers’
order or at the Registrar’s request.

       

      (ii) No service
charge shall be made to a holder of a beneficial interest in a Global Note or to
a Holder of a Definitive Note for any registration of transfer or exchange, but
the Issuers may require payment of a sum sufficient to cover any transfer tax or
similar governmental charge payable in connection therewith (other than any such
transfer taxes or similar governmental charge payable upon exchange or transfer
pursuant to Sections 2.10, 3.09, 4.11, 4.16 and
9.05).

       

      (iii) The
Registrar shall not be required to register the transfer of or exchange any Note
selected for redemption in whole or in part, except the unredeemed portion of
any Note being redeemed in part.

       

      (iv) All Global
Notes and Definitive Notes issued upon any registration of transfer or exchange
of Global Notes or Definitive Notes shall be the valid obligations of the
Issuers, evidencing the same debt, and entitled to the same benefits under this
Indenture, as the Global Notes or Definitive Notes surrendered upon such
registration of transfer or exchange.

       

      (v) The Issuers
shall not be required to register the transfer of or to exchange a Note for a
period of 15 days immediately preceding the redemption of a Note or between a
record date and the next succeeding interest payment
date.

       

      (vi) Prior to due
presentment for the registration of a transfer of any Note, the Trustee, any
Agent and the Issuers may deem and treat the Person in whose name any Note is
registered as the absolute owner of such Note for the purpose of receiving
payment of principal of and interest on such Notes and for all other purposes,
and none of the Trustee, any Agent or the Issuers shall be affected by notice to
the contrary.

       

      (vii) The Trustee
shall authenticate Global Notes and Definitive Notes in accordance with the
provisions of Section 2.02.

       

      (viii) All
certifications, certificates and Opinions of Counsel required to be submitted to
the Registrar pursuant to this Section 2.06 to effect a registration of
transfer or exchange may be submitted by facsimile.

       

      Section
2.07 Replacement
Notes.

       

       

      
        
          
          

        

        
          37

          
            

          

        

        
          
          

        

      

       

      If any
mutilated Note is surrendered to the Trustee or the Issuers and the Trustee
receives evidence to its satisfaction of the destruction, loss or theft of any
Note, the Issuers shall issue and the Trustee, upon receipt of an Authentication
Order, shall authenticate a replacement Note if the Trustee’s requirements are
met.  If required by the Trustee or the Issuers, an indemnity bond
must be supplied by the Holder that is sufficient in the judgment of the Trustee
and the Issuers to protect the Issuers, the Trustee, any Agent and any
authenticating agent from any loss that any of them may suffer if a Note is
replaced.  The Issuers may charge for their expenses in replacing a
Note.

       

      Every
replacement Note is an additional legally binding obligation of the Issuers and
shall be entitled to all of the benefits of this Indenture equally and
proportionately with all other Notes duly issued hereunder.

       

      Section
2.08 Outstanding
Notes.

       

      The Notes
outstanding at any time are all the Notes authenticated by the Trustee except
for those canceled by it, those delivered to it for cancellation, those
reductions in the interest in a Global Note effected by the Trustee in
accordance with the provisions of this Indenture, and those described in this
Section 2.08 as not outstanding.  Except as set forth in
Section 2.09, a Note does not cease to be outstanding because the Company
or an Affiliate of the Company holds the Note.

       

      If a Note
is replaced pursuant to Section 2.07, it ceases to be outstanding unless
the Company receives proof satisfactory to it that the replaced Note is held by
a protected purchaser.

       

      If the
principal amount of any Note is considered paid under Section 4.01, it
ceases to be outstanding and interest on it ceases to accrue.

       

      If the
Paying Agent (other than an Issuer, a Subsidiary or an Affiliate of any thereof)
holds, on a redemption date or maturity date, money sufficient to pay Notes
payable on that date, then on and after that date such Notes shall be deemed to
be no longer outstanding and shall cease to accrue interest.

       

      Section
2.09 Treasury
Notes.

       

      In
determining whether the Holders of the required principal amount of Notes have
concurred in any direction, waiver or consent, Notes owned by an Issuer, or by
any Person directly or indirectly controlling or controlled by or under direct
or indirect common control with an Issuer, shall be considered as though not
outstanding, except that for the purposes of determining whether the Trustee
shall be protected in relying on any such direction, waiver or consent, only
Notes that a Responsible Officer of the Trustee knows are so owned shall be so
disregarded.

       

      Section
2.10 Temporary
Notes.

       

      Until
certificates representing Notes are ready for delivery, the Issuers may prepare
and the Trustee, upon receipt of an Authentication Order, shall authenticate
temporary Notes.  Temporary Notes shall be substantially in the form
of certificated Notes but may have variations that the Issuers consider
appropriate for temporary Notes and as shall be reasonably acceptable to the
Trustee.  Without unreasonable delay, the Issuers shall prepare and
the Trustee shall authenticate, upon due receipt of an Authentication Order,
definitive Notes in exchange for temporary Notes.

       

      Holders
of temporary Notes shall be entitled to all of the benefits of this
Indenture.

       

       

      
        
          
          

        

        
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      Section
2.11 Cancellation.

       

      The
Issuers at any time may deliver Notes to the Trustee for
cancellation.  The Registrar and Paying Agent shall forward to the
Trustee any Notes surrendered to them for registration of transfer, exchange or
payment.  The Trustee and no one else shall cancel all Notes
surrendered for registration of transfer, exchange, payment, replacement or
cancellation and shall dispose of such canceled Notes in its customary
manner.  The Issuers may not issue new Notes to replace Notes that
they have paid or that have been delivered to the Trustee for
cancellation.

       

      Section
2.12 Defaulted
Interest.

       

      If the
Issuers default in a payment of interest on the Notes, they shall pay the
defaulted interest in any lawful manner plus, to the extent lawful, interest
payable on the defaulted interest, to the Persons who are Holders on a
subsequent special record date, in each case at the rate provided in the Notes
and in Section 4.01.  The Issuers shall notify the Trustee in
writing of the amount of defaulted interest proposed to be paid on each Note and
the date of the proposed payment.  The Issuers shall fix or cause to
be fixed each such special record date and payment date; provided, however, that
no such special record date shall be less than 10 days prior to the related
payment date for such defaulted interest.  At least 15 days before the
special record date, the Issuers (or, upon the written request of the Issuers,
the Trustee in the name and at the expense of the Issuers) shall mail or cause
to be mailed to Holders a notice that states the special record date, the
related payment date and the amount of such defaulted interest to be
paid.

       

      Section
2.13 Special
Transfer Provisions.

       

      Unless and until a Transfer Restricted
Note is transferred or exchanged under an effective registration statement under
the Securities Act, the following provisions shall apply:

       

      (a) Transfers to
QIBs.  The following provisions shall apply with respect to the
registration of any proposed transfer of a Transfer Restricted Note to a
QIB:

       

      (i) The
Registrar shall register the transfer of a Transfer Restricted Note by a Holder
to a QIB if such transfer is being made by a proposed transferor who has
provided the Registrar with (a) an appropriately completed certificate of
transfer in the form attached to the Note and (b) a letter substantially in the
form set forth in Exhibit B hereto.

       

      (ii) If the
proposed transferee is an Agent Member and the Transfer Restricted Note to be
transferred consists of an interest in either a Regulation S Global Note or an
Other Global Note, upon receipt by the Registrar of (x) the items required
by paragraph (i) above and (y) instructions given in accordance with the
Depositary’s and the Registrar’s procedures therefor, the Registrar shall
reflect on its books and records the date and an increase in the principal
amount of the QIB Global Note in an amount equal to the principal amount of
the beneficial interest in the Regulation S Global Note or Other Global
Note, as applicable, to be so transferred, and the Registrar shall reflect on
its books and records the date and an appropriate decrease in the principal
amount of such Regulation S Global Note or Other Global Note, as
applicable.

       

      (b) Transfers Pursuant to
Regulation S.  The Registrar shall register the transfer
of any Permanent Regulation S Global Note without requiring any additional
certification.  The following provisions shall apply with respect to
the registration of any proposed transfer of a Transfer Restricted Note pursuant
to Regulation S:

       

       

      
        
          
          

        

        
          39

          
            

          

        

        
          
          

        

      

       

      (i) The
Registrar shall register any proposed transfer of a Transfer Restricted Note
pursuant to Regulation S by a Holder upon receipt of (a) an appropriately
completed certificate of transfer in the form attached to the Note and (b) a
letter substantially in the form set forth in Exhibit C hereto from the
proposed transferor.

       

      (ii) If the
proposed transferee is an Agent Member and the Transfer Restricted Note to be
transferred consists of an interest in a QIB Global Note or an Other Global
Note, upon receipt by the Registrar of (x) the items required by
paragraph (i) above and (y) instructions given in accordance with the
Depositary’s and the Registrar’s procedures therefor, the Registrar shall
reflect on its books and records the date and an increase in the principal
amount of the Regulation S Global Note in an amount equal to the principal
amount of the beneficial interest in the QIB Global Note or Other Global Note,
as applicable, to be transferred, and the Registrar shall reflect on its books
and records the date and an appropriate decrease in the principal amount of the
QIB Global Note or Other Global Note, as applicable.

       

      (c) Other Transfers.  The
following provisions shall apply with respect to the registration by the
Registrar of any other proposed transfer of a Transfer Restricted Note that does
not require registration under the Securities Act:

       

      (i) The
Registrar shall register such transfer if it is being made by a proposed
transferor who has provided the Registrar with (a) an appropriately completed
certificate of transfer in the form attached to the Note and (b) a legal opinion
from a law firm of nationally recognized standing to the effect that such
transfer does not require registration under the Securities
Act.

       

      (ii) Subject to
clause (iii) below, if the proposed transferee is an Agent Member and the
Transfer Restricted Note to be transferred consists of an interest in either a
QIB Global Note or a Regulation S Global Note, upon receipt by the Registrar of
(x) the items required by paragraph (i) above and (y) instructions given in
accordance with the Depositary’s and the Registrar’s procedures therefor, the
Registrar shall reflect on its books and records the date and an increase in the
principal amount of the Other Global Note in an amount equal to the principal
amount of the beneficial interest in the QIB Global Note or the Regulation S
Global Note, as applicable, to be so transferred, and the Registrar shall
reflect on its books and records the date and an appropriate decrease in the
principal amount of such QIB Global Note or Regulation S Global Note or, as
applicable.

       

      (iii) In
connection with the first transfer pursuant to this Section 2.13(c), an Other
Global Note shall be issued in the form of a permanent Global Note substantially
in the form set forth in Exhibit A deposited with the Trustee, as Note
Custodian, duly executed by the Issuers and authenticated by the Trustee as
herein provided.  The Other Global Note shall be issued with its own
CUSIP number.  The aggregate principal amount of the Other Global Note
may from time to time be increased or decreased by adjustments made on the
records of the Trustee, as Note Custodian.

       

      (d) Private Placement
Legend.  Upon the transfer, exchange or replacement of Notes
not bearing the Private Placement Legend, the Registrar shall deliver Notes that
do not bear the Private Placement Legend.  Upon the transfer, exchange
or replacement of Transfer Restricted Notes, the Registrar shall deliver only
Transfer Restricted Notes unless either (i) such transfer or exchange is
made in connection with a registered exchange offer, (ii) the circumstances
contemplated in Section 2.14 exist, or (iii) there is delivered to the
Registrar an Opinion of Counsel reasonably satisfactory to the Issuers and the
Trustee to the effect that neither such legend nor the related restrictions on
transfer are required in order to maintain compliance with the provisions of the
Securities Act.

       

       

      
        
          
          

        

        
          40

          
            

          

        

        
          
          

        

      

       

      (e) General.  By its acceptance
of any Transfer Restricted Note, each Holder of such a Note acknowledges the
restrictions on transfer of such Note set forth in this Indenture and in the
Private Placement Legend and agrees that it shall transfer such Note only as
provided in this Indenture.

       

      The
Registrar shall retain copies of all letters, notices and other written
communications received pursuant to this Section 2.13.

       

      Section
2.14 Temporary
Regulation S Global Notes.  An
owner of a beneficial interest in a Temporary Regulation S Global Note (or a
Person acting on behalf of such an owner) may provide to the Trustee (and the
Trustee shall accept) a duly completed certificate in the form of Exhibit D
hereto at any time after the Restricted Period (it being understood that the
Trustee shall not accept any such certificate during the Restricted
Period).  Promptly after acceptance of such a certificate with respect
to such a beneficial interest, the Trustee shall cause such beneficial interest
to be exchanged for an equivalent beneficial interest in a Permanent
Regulation S Global Note, and shall (x) permanently reduce the principal
amount of such Temporary Regulation S Global Note by the amount of such
beneficial interest and (y) increase the principal amount of such Permanent
Regulation S Global Note by the amount of such beneficial interest.

       

      Section
2.15 Issuance
of Additional Notes.  The
Issuers shall be entitled to issue Additional Notes under this Indenture that
shall have identical terms as the Initial Notes, other than with respect to the
date of issuance, issue price and amount of interest payable on the first
interest payment date applicable thereto (and, if such Additional Notes shall be
issued in the form of Transfer Restricted Notes, other than with respect to
transfer restrictions, any registration rights agreement and additional interest
with respect thereto).  The Initial Notes and any Additional Notes
shall be treated as a single class for all purposes under this
Indenture.

       

      With
respect to any Additional Notes, the Issuers shall set forth in a resolution of
each of their Boards of Directors and in an Officers’ Certificate, a copy of
each of which shall be delivered to the Trustee, the following
information:

       

      (a) the
aggregate principal amount of such Additional Notes to be authenticated and
delivered pursuant to this Indenture;

       

      (b) the issue
price, the date on which such Additional Notes shall be issued, the CUSIP
number, the first interest payment date and the amount of interest payable on
such first interest payment date applicable thereto and the date from which
interest shall accrue; and

       

      (c) whether such
Additional Notes shall be Transfer Restricted Notes.

       

      Section
2.16 CUSIP
Numbers.  The
Issuers, in issuing the Notes, may use one or more “CUSIP” numbers (and, if
Notes are also to be issued outside the United States, one or more similar
identifying numbers as is customary in such global markets; references in this
Section 2.16 to CUSIP numbers being deemed to include any such similarly
identifying numbers) and, if so, the Trustee shall use such CUSIP numbers in
notices of repurchase or conversion as a convenience to the Holders; provided,
however, that any such notice may state that no representation is made as to the
correctness or accuracy of any CUSIP numbers printed in the notice or on the
Notes, and that any reliance may be placed only on the other identification
numbers printed on the Notes.  Any repurchase or conversion will not
be affected by any defect in or the omission of such CUSIP
numbers.  The Issuers will promptly notify the Trustee of any change
to the CUSIP numbers.

      

       

      
        
          
          

        

        
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                                                        ARTICLE
3                              

      

       

      REDEMPTION
AND PREPAYMENT

       

      Section
3.01 Notices
to Trustee.

       

      If the
Issuers elect to redeem Notes pursuant to the optional redemption provisions of
Section 3.07, they shall furnish to the Trustee, at least 30 days but not more
than 60 days before a redemption date, an Officers’ Certificate setting forth
(i) the paragraph of the Notes and/or the clause of this Indenture pursuant to
which the redemption shall occur, (ii) the redemption date, (iii) the principal
amount of Notes to be redeemed and (iv) the redemption price.

       

      Section
3.02 Selection
of Notes to Be Redeemed.

       

      If less
than all of the Notes are to be redeemed at any time, the Trustee shall select
the Notes to be redeemed among the Holders of the Notes as follows:

       

      
        	
                (a)  

              	
                if any
      of the Notes are listed, in compliance with the requirements of the
      principal national securities exchange on which such Notes are listed;
      or

              

      

       

      
        	
                (b)  

              	
                if
      such Notes are not so listed, on a pro
      rata basis,
      to the extent practicable (and in such manner as complies with applicable
      legal requirements).

              

      

       

      In the
event of partial redemption by lot, the particular Notes to be redeemed shall be
selected, unless otherwise provided herein, not less than 30 nor more than 60
days prior to the redemption date by the Trustee from the outstanding Notes not
previously called for redemption.

       

      The
Trustee shall promptly notify the Issuers in writing of the Notes selected for
redemption and, in the case of any Note selected for partial redemption, the
principal amount thereof to be redeemed. Notes and portions of Notes selected
shall be in amounts of $2,000 or an integral multiple of $1,000 in excess
thereof; except that if all of the Notes of a Holder are to be redeemed, the
entire outstanding amount of Notes held by such Holder, even if not a multiple
of $1,000, shall be redeemed. Except as provided in the preceding sentence,
provisions of this Indenture that apply to Notes called for redemption also
apply to portions of Notes called for redemption.

       

      Section
3.03 Notice
of Redemption.

       

      Subject
to the provisions of Section 3.09, at least 30 days but not more than 60 days
before a redemption date, the Issuers shall mail or cause to be mailed, by first
class mail, a notice of redemption to each Holder whose Notes are to be redeemed
at its registered address.

       

      The
notice shall identify the Notes to be redeemed and shall state:

       

      
        	
                (a)  

              	
                the
      redemption date;

              

      

       

      
        	
                (b)  

              	
                the
      redemption price;

              

      

       

      
        	
                (c)  

              	
                if any
      Note is being redeemed in part, the portion of the principal amount of
      such Note to be redeemed and that, after the redemption date upon
      surrender of such Note, a new Note or Notes in principal amount equal to
      the unredeemed portion shall be issued upon cancellation of the original
      Note;

              

      

       

       

      
        
          
          

        

        
          42

          
            

          

        

        
          
          

        

      

       

      
        	
                (d)  

              	
                the
      name and address of the Paying
Agent;

              

      

       

      
        	
                (e)  

              	
                that
      Notes called for redemption must be surrendered to the Paying Agent to
      collect the redemption
price;

              

      

       

      
        	
                (f)  

              	
                that,
      unless the Issuers default in making such redemption payment, interest on
      Notes called for redemption, or if any Note is being redeemed only in
      part, interest on a portion of the principal amount of such Note to be
      redeemed, ceases to accrue on and after the redemption
      date;

              

      

       

      
        	
                (g)  

              	
                the
      paragraph of the Notes and/or Section of this Indenture pursuant to which
      the Notes called for redemption are being redeemed;
    and

              

      

       

      
        	
                (h)  

              	
                that
      no representation is made as to the correctness or accuracy of the CUSIP
      number, if any, listed in such notice or printed on the
      Notes.

              

      

       

      At the
Issuers’ request, the Trustee shall give the notice of redemption in the
Issuers’ name and at their expense; provided, however, that each
of the Issuers shall have delivered to the Trustee, at least 45 days prior to
the redemption date, an Officers’ Certificate requesting that the Trustee give
such notice and setting forth the information to be stated in such notice as
provided in the preceding paragraph.

       

      Section
3.04 Effect
of Notice of Redemption.

       

      Once
notice of redemption is mailed in accordance with Section 3.03, Notes called for
redemption, or if any Note is being redeemed only in part, the portion of the
principal amount of such Note to be redeemed, become irrevocably due and payable
on the redemption date at the redemption price.  A notice of
redemption may not be conditional.

       

      Section
3.05 Deposit
of Redemption Price.

       

      At or
prior to 10:00 a.m., New York City time, on the redemption date, the Issuers
shall deposit with the Trustee or with the Paying Agent money in same day funds
sufficient to pay the redemption price of and accrued interest on all Notes to
be redeemed on that date.  The Trustee or the Paying Agent shall
promptly return to the Issuers any money deposited with the Trustee or the
Paying Agent by the Issuers in excess of the amounts necessary to pay the
redemption price of, and accrued interest on, all Notes to be
redeemed.

       

      If the
Issuers comply with the provisions of the preceding paragraph, on and after the
redemption date, interest shall cease to accrue on the Notes or the portions of
Notes called for redemption. If a Note is redeemed on or after an interest
record date but on or prior to the related interest payment date, then any
accrued and unpaid interest shall be paid to the Person in whose name such Note
was registered at the close of business on such record date.  If any
Note called for redemption shall not be so paid upon surrender for redemption
because of the failure of the Issuers to comply with the preceding paragraph,
interest shall be paid on the unpaid principal, from the redemption date until
such principal is paid, and to the extent lawful on any interest not paid on
such unpaid principal, in each case at the rate provided in the Notes and in
Section 4.01.

       

      Section
3.06 Notes
Redeemed in Part.

       

       

      
        
          
          

        

        
          43

          
            

          

        

        
          
          

        

      

       

      Upon
surrender of a Note that is redeemed in part, the Issuers shall issue and, upon
receipt of an Authentication Order, the Trustee shall authenticate for the
Holder at the expense of the Issuers a new Note equal in principal amount to the
unredeemed portion of the Note surrendered.

       

      Section
3.07 Optional
Redemption.

       

      (a) The Issuers
may, at any time and from time to time, prior to March 15, 2012, at their
option, redeem the outstanding Notes, in whole or in part, at a redemption price
equal to 100% of the principal amount thereof plus accrued and unpaid interest,
if any, to the redemption date, plus the Make-Whole
Premium.

       

      (b) At any time
prior to March 15, 2011, the Issuers may, on any one or more occasions, redeem
up to 35% of the original aggregate principal amount of the Notes issued on the
Issue Date (plus any Additional Notes) at a redemption price of 110.875% of the
principal amount thereof, plus accrued and unpaid interest, if any, to the
redemption date, with the net cash proceeds of one or more Equity Offerings;
provided,
however, that:

       

       

      
        	
                (i)  

              	
                at
      least 65% of the original aggregate principal amount of the Notes issued
      on the Issue Date (plus any Additional Notes actually issued) remains
      outstanding immediately after the occurrence of such redemption (excluding
      Notes held by the Issuers and their Subsidiaries);
    and

              

      

       

      
        	
                (ii)  

              	
                the
      redemption must occur within 60 days of the date of the closing of such
      Equity Offering.

              

      

       

      (c) On or after
March 15, 2012, the Issuers shall have the option to redeem the Notes, in whole
or in part, at the redemption prices (expressed as percentages of principal
amount) set forth below plus accrued and unpaid interest, if any, to the
applicable redemption date, if redeemed during the twelve-month period beginning
on March 15 of the years indicated below:

       

      
        	
                Year

              	 	
                Percentage

              	 
	
                2012

              	 	 	105.438	%
	
                2013

              	 	 	102.719	%
	
                2014

              	 	 	100.000	%

      

       

      

       

      
        	
                (d)  

              	
                Any
      redemption pursuant to this Section 3.07 shall be made pursuant to the
      provisions of Sections 3.01 through
3.06.

              

      

       

      Section
3.08 Mandatory
Redemption.

       

      Without
prejudice to the obligations of the Issuers under Section 4.11 and
Section 4.16 below, the Issuers shall not be required to make mandatory
redemption payments with respect to the Notes.

       

      Section
3.09 Offer
to Purchase by Application of Excess Proceeds.

       

       

      
        
          
          

        

        
          44

          
            

          

        

        
          
          

        

      

       

      In the
event that the Issuers shall be required to commence an offer to all Holders to
purchase Notes pursuant to Section 4.11 (an “Asset Sale Offer”), the
Issuers shall follow the procedures specified below.

       

      The Asset
Sale Offer shall remain open for a period of 20 Business Days following its
commencement and no longer, except to the extent that a longer period is
required by applicable law (the “Offer Period”).  No
later than five Business Days after the termination of the Offer Period (the
“Purchase Date”), the
Issuers shall purchase the principal amount of Notes required to be purchased
pursuant to Section 4.11 (the “Offer Amount”) or, if less
than the Offer Amount has been tendered, all Notes tendered in response to the
Asset Sale Offer.  Payment for any Notes so purchased shall be made in
the same manner as interest payments are made.  Unless the Issuers
default in making such payment, any Note accepted for payment pursuant to the
Asset Sale Offer shall cease to accrue interest after the Purchase
Date.

       

      To the
extent that the provisions of any securities laws or regulations conflict with
the provisions of this Section 3.09, the Issuers’ compliance with such laws and
regulations shall not in and of itself cause a breach of their obligations under
this Section 3.09.

       

      If the
Purchase Date is on or after an interest record date and on or before the
related interest payment date, any accrued and unpaid interest shall be paid to
the Person in whose name a Note is registered at the close of business on such
record date.

       

      Upon the
commencement of an Asset Sale Offer the Issuers shall send, by first class mail,
a notice to the Trustee and each of the Holders, with a copy to the
Trustee.  The notice shall contain all instructions and materials
necessary to enable such Holders to tender Notes pursuant to the Asset Sale
Offer.  The Asset Sale Offer shall be made to all
Holders.  The notice, which shall govern the terms of the Asset Sale
Offer, shall state:

       

      (a) that the
Asset Sale Offer is being made pursuant to this Section 3.09 and
Section 4.11 and the length of time the Asset Sale Offer shall remain
open;

       

      (b) the Offer
Amount, the purchase price and the Purchase Date;

       

      (c) that any
Note not tendered or accepted for payment shall continue to accrue
interest;

       

      (d) that, unless
the Issuers default in making such payment, any Note accepted for payment
pursuant to the Asset Sale Offer shall cease to accrue interest after the
Purchase Date;

       

      (e) that Holders
electing to have a Note purchased pursuant to an Asset Sale Offer may elect to
have Notes purchased in amounts equal to $2,000 or integral multiples of $1,000
in excess thereof only;

       

      (f) that Holders
electing to have a Note purchased pursuant to any Asset Sale Offer shall be
required to surrender the Note, with the form entitled “Option of Holder to
Elect Purchase” on the reverse of the Note completed, or transfer by book-entry
transfer, to the Issuers, a depositary, if appointed by the Issuers, or a Paying
Agent at the address specified in the notice at least three Business Days before
the Purchase Date;

       

      (g) that Holders
shall be entitled to withdraw their election if the Issuers, the depositary or
the Paying Agent, as the case may be, receives, not later than the expiration of
the Offer Period, a telegram, telex, facsimile transmission or letter setting
forth the name of the Holder, 

       

       

      
        
          
          

        

        
          45

          
            

          

        

        
          
          

        

              

              the principal amount of the Note
the Holder delivered for purchase and a statement that such Holder is
withdrawing his election to have such Note
purchased;

      

       

      (h) that, if the
aggregate principal amount of Notes surrendered by Holders exceeds the Offer
Amount, the Issuers shall select the Notes to be purchased on a pro rata basis
(with such adjustments as may be deemed appropriate by the Issuers so that only
Notes in denominations of $2,000, or integral multiples of $1,000 in excess
thereof, shall be purchased); and

       

      (i) that Holders
whose Notes were purchased only in part shall be issued at the expense of the
Issuers new Notes equal in principal amount to the unpurchased portion of the
Notes surrendered (or transferred by book-entry
transfer).

       

      On or
before the Purchase Date, the Issuers shall, to the extent lawful, accept for
payment, on a pro rata
basis to the extent necessary, the Offer Amount of Notes or portions thereof
tendered pursuant to the Asset Sale Offer or if less than the Offer Amount has
been tendered, all Notes tendered, and shall deliver to the Trustee an Officers’
Certificate stating that such Notes or portions thereof were accepted for
payment by the Issuers in accordance with the terms of this
Section 3.09.  The Issuers, the Depositary or the Paying Agent,
as the case may be, shall promptly (but in any case not later than five days
after the Purchase Date) mail or deliver to each tendering Holder an amount
equal to the purchase price of the Notes tendered by such Holder and accepted by
the Issuers for purchase, and the Issuers shall promptly issue a new Note, and
the Trustee, upon receipt of an Authentication Order, shall authenticate and
mail or deliver such new Note to such Holder, in a principal amount equal to any
unpurchased portion of the Note surrendered.  Any Note not so accepted
shall be promptly mailed or delivered by the Issuers to the Holder
thereof.  The Issuers shall publicly announce the results of the Asset
Sale Offer on the Purchase Date.

       

      ARTICLE
4

       

      COVENANTS

       

      Section
4.01 Payment
of Notes.

       

      The
Issuers shall pay or cause to be paid the principal, premium, if any, and
interest on the Notes on the dates and in the manner provided in the
Notes.  Principal, premium, if any, and interest shall be considered
paid on the date due if the Paying Agent, if other than the Issuers or a
Subsidiary thereof, holds as of 10:00 a.m., New York City time, on the due date
money deposited by the Issuers in immediately available funds and designated for
and sufficient to pay all principal, premium, if any, and interest then
due.

       

      The
Issuers shall pay interest (including post-petition interest in any proceeding
under any Bankruptcy Law) on overdue principal at the rate equal to 2% per annum
in excess of the then applicable interest rate on the Notes to the extent
lawful; they shall pay interest (including post-petition interest in any
proceeding under any Bankruptcy Law) on overdue installments of interest
(without regard to any applicable grace period) at the same rate to the extent
lawful.

       

      Section
4.02 Maintenance
of Office or Agency.

       

      The
Issuers shall maintain in the Borough of Manhattan, The City of New York, an
office or agency (which may be an office of the Trustee or an Affiliate of the
Trustee, Registrar or co-registrar) where Notes may be surrendered for
registration of transfer or for exchange and where notices and demands to or
upon the Issuers in respect of the Notes and this Indenture may be
served.  The Issuers shall 

       

       

      
        
          
          

        

        
          46

          
            

          

        

        
          
          

        

         

        give
prompt written notice to the Trustee of the location, and any change in the
location, of such office or agency.  If at any time the Issuers shall
fail to maintain any such required office or agency or shall fail to furnish the
Trustee with the address thereof, such presentations, surrenders, notices and
demands may be made or served at the Corporate Trust Office of the
Trustee.

      

       

      The
Issuers may also from time to time designate one or more other offices or
agencies where the Notes may be presented or surrendered for any or all such
purposes and may from time to time rescind such designations; provided, however,
that no such designation or rescission shall in any manner relieve the Issuers
of their obligation to maintain an office or agency in the Borough of Manhattan,
The City of New York for such purposes.  The Issuers shall give prompt
written notice to the Trustee of any such designation or rescission and of any
change in the location of any such other office or agency.  The
Issuers hereby designate Wilmington Trust Company, Rodney Square North, 1100 N.
Market Street, Wilmington, DE 19890-1615, as one such office or agency of the
Issuers in accordance with Section 2.03.

       

      Section
4.03 Reports.

       

      So long
as any Notes are outstanding, the Company shall furnish to the Holders, within
the time periods that such information would have otherwise been required to
have been provided to the Commission under Section 13 or 15(d) of the Exchange
Act if the rules and regulations applicable to the filing of such information
were applicable to the Company:

       

      (1) all
quarterly and annual financial and other information that would be required to
be contained in a filing with the Commission on Forms 10-Q and 10-K if the
Issuers were required to file such forms, including a “Management’s Discussion
and Analysis of Financial Condition and Results of Operations” section (together
with the certifications that would be required to be filed with the Commission
pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, unless such
certifications are provided by any Parent in a filing with the Commission) and,
with respect to the year-end financial statements only, a report on the annual
consolidated financial statements of the Company by its independent public
accountants; provided, however, that the Company shall not be required to
furnish separate financial statements for any Guarantor or for any Subsidiary,
individually or as a group, whose equity securities constitute part of the
Collateral; and

       

      (2) all current
reports that would be required to be filed with the Commission on Form 8-K if
the Issuers were required to file such reports.

       

      If the
Company has designated any of its Subsidiaries as Unrestricted Subsidiaries,
then the quarterly and annual financial information required by the preceding
paragraph shall include a reasonably detailed presentation, either on the face
of the financial statements or in the footnotes thereto, and in Management’s
Discussion and Analysis of Financial Condition and Results of Operations, of the
financial condition and results of operations of the Company and its Restricted
Subsidiaries separate from the financial condition and results of operations of
the Unrestricted Subsidiaries of the Company.

       

      In
addition, the Issuers shall cause a copy of all of the information and reports
referred to in clauses (1) and (2) above to be posted, no later than the date
such information is required to be furnished to registered Holders, on the
website of CCI (and remain there for a period of one year from the date of such
posting).  So long as any Notes remain outstanding, the Company will
furnish to the Holders and to securities analysts and prospective investors,
upon their request, the information required to be delivered pursuant to Rule
144A(d)(4).

       

      During
any period when the rules and regulations of the Commission applicable to filing
of financial reports of the kinds described in the first paragraph of this
Section 4.03 are not applicable to 

       

       

      
        
          
          

        

        
          47

          
            

          

        

        
          
          

        

         

         

        the
Company, the Company shall not be required to comply with the requirements of §
314 of the TIA except § 314(b)(2) thereof.

      

       

      Section
4.04 Compliance
Certificate.

       

      
        	
                (a)  

              	
                The
      Issuers shall deliver to the Trustee, within 90 days after the end of each
      fiscal year, an Officers’ Certificate stating that a review of the
      activities of the Issuers and their Subsidiaries during the preceding
      fiscal year has been made under the supervision of the signing Officers
      with a view to determining whether the Issuers have kept, observed,
      performed and fulfilled their obligations under this Indenture, and
      further stating, as to each such Officer signing such certificate, that to
      the best of his or her knowledge the Issuers have kept, observed,
      performed and fulfilled each and every covenant contained in this
      Indenture and are not in default in the performance or observance of any
      of the terms, provisions and conditions of this Indenture (or, if a
      Default or Event of Default shall have occurred, describing all such
      Defaults or Events of Default of which he or she may have knowledge and
      what action the Issuers are taking or propose to take with respect
      thereto).

              

      

       

      
        	
                (b)  

              	
                The
      Issuers shall, so long as any of the Notes are outstanding, deliver to the
      Trustee, forthwith upon any Officer becoming aware of any Default or Event
      of Default, an Officers’ Certificate specifying such Default or Event of
      Default and what action the Issuers are taking or propose to take with
      respect thereto.

              

      

       

      Section
4.05 Taxes.

       

      The
Company shall pay, and shall cause each of its Restricted Subsidiaries to pay,
prior to delinquency, all material taxes, assessments, and governmental levies
except such as are contested in good faith and by appropriate proceedings or
where the failure to effect such payment is not likely to result in a material
adverse effect on the Company and its Restricted Subsidiaries, taken as a
whole.

       

      Section
4.06 Stay,
Extension and Usury Laws.

       

      Each of
the Issuers covenants (to the extent that it may lawfully do so) that it shall
not at any time insist upon, plead, or in any manner whatsoever claim or take
the benefit or advantage of, any stay, extension or usury law wherever enacted,
now or at any time hereafter in force, that may affect the covenants or the
performance of this Indenture; and each of the Issuers (to the extent that it
may lawfully do so) hereby expressly waives all benefit or advantage of any such
law, and covenants that it shall not, by resort to any such law, hinder, delay
or impede the execution of any power herein granted to the Trustee, but shall
suffer and permit the execution of every such power as though no such law has
been enacted.

       

      Section
4.07 Restricted Payments.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
directly or indirectly:

       

      (1) declare or
pay any dividend or make any other payment or distribution on account of its or
any of its Restricted Subsidiaries’ Equity Interests (including any payment in
connection with any merger or consolidation involving the Company or any of its
Restricted Subsidiaries) or to the direct or indirect holders of the Company’s
or any of its Restricted
Subsidiaries’ Equity Interests in their capacity as such (other than dividends
or distributions payable (x) solely in Equity
In-

       

      
        
          
          

        

        
          48

          
            

          

        

        
          
          

        

         

         

               
terests (other than Disqualified Stock) of the Company or (y) in the case of the
Company and its Restricted Subsidiaries, to the Company or a Restricted
Subsidiary thereof); or

      

       

      (2) purchase,
redeem or otherwise acquire or retire for value (including in connection with
any merger or consolidation involving the Company or any of its Restricted
Subsidiaries) any Equity Interests of the Company or any direct or indirect
Parent of the Company or any Restricted Subsidiary of the Company (other than,
in the case of the Company and its Restricted Subsidiaries, any such Equity
Interests owned by the Company or any of its Restricted
Subsidiaries)

       

      (all such
payments and other actions set forth in clauses (1) and (2) above are
collectively referred to as “Restricted Payments”),
unless, at the time of and after giving effect to such Restricted
Payment:

       

      
        	
                (i)  

              	
                no
      Default or Event of Default shall have occurred and be continuing or would
      occur as a consequence
thereof;

              

      

       

      
        	
                (ii)  

              	
                the
      Company would, at the time of such Restricted Payment and after giving pro
      forma effect thereto as if such Restricted Payment had been made at the
      beginning of the applicable quarter period, have been permitted to incur
      at least $1.00 of additional Indebtedness pursuant to the Leverage Ratio
      test set forth in the first paragraph of Section 4.10;
      and

              

      

       

      
        	
                (iii)  

              	
                such
      Restricted Payment, together with the aggregate amount of all other
      Restricted Payments made by the Company and its Restricted Subsidiaries
      from and after April 27, 2004 (excluding Restricted Payments permitted by
      clauses (2), (3), (4), (5), (6), (7), (8) and (9) of the next succeeding
      paragraph), shall not exceed, at the date of determination, the sum
      of:

              

      

       

      (a) an amount
equal to 100% of the Consolidated EBITDA of the Company for the period beginning
on the first day of the fiscal quarter commencing April 1, 2004 to the end of
the Company’s most recently ended full fiscal quarter for which internal
financial statements are available, taken as a single accounting period, less
the product of 1.3 times the Consolidated Interest Expense of the Company for
such period, plus

       

      (b) an amount
equal to 100% of Capital Stock Sale Proceeds less any amount of such Capital
Stock Sale Proceeds used in connection with an Investment made on or after April
27, 2004 and on or prior to the date such Restricted Payment is made (the
“Reference
Date”) pursuant
to clause (5) of the definition of “Permitted Investments,”
plus

       

      (c) $100
million.

       

      So long
as no Default under this Indenture has occurred and is continuing or would be
caused thereby, the preceding provisions shall not prohibit:

       

      (1) the payment
of any dividend within 60 days after the date of declaration thereof, if at said
date of declaration such payment would have complied with the provisions of this
Indenture;

       

      (2) regardless
of whether a Default then exists, the payment of any dividend or distribution
made in respect of any calendar year or portion thereof during which the Company
or any of its 

       

       

      
        
          
          

        

        
          49

          
            

          

        

        
          
          

        

         

         

        Subsidiaries
is a Person that is not treated as a separate tax paying entity for United
States federal income tax purposes by the Company and its Subsidiaries (directly
or indirectly) to the direct or indirect holders of the Equity Interests of the
Company or its Subsidiaries that are Persons that are treated as a separate tax
paying entity for United States federal income tax purposes, in an amount
sufficient to permit each such holder to pay the actual income taxes (including
required estimated tax installments) that are required to be paid by it with
respect to the taxable income of any Parent (through its direct or indirect
ownership of the Company and/or its Subsidiaries), the Company, its Subsidiaries
or any Unrestricted Subsidiary, as applicable, in any calendar year, as
estimated in good faith by the Company or its Subsidiaries, as the case may
be;

      

       

      (3) regardless
of whether a Default then exists, the payment of any dividend by a Restricted
Subsidiary of the Company to the holders of its common Equity Interests on a pro
rata basis;

       

      (4) the payment
of any dividend on the Helicon Preferred Stock or the redemption, repurchase,
retirement or other acquisition of the Helicon Preferred Stock in an amount not
in excess of its aggregate liquidation value;

       

      (5) the
repurchase, redemption or other acquisition or retirement for value, or the
payment of any dividend or distribution to the extent necessary to permit the
repurchase, redemption or other acquisition or retirement for value, of any
Equity Interests of the Company or a Parent of the Company held by any member of
the Company’s, such Parent’s or any Restricted Subsidiary’s management pursuant
to any management equity subscription agreement or stock option agreement
entered into in accordance with the policies of the Company, any Parent or any
Restricted Subsidiary; provided, however, that the aggregate price paid for all
such repurchased, redeemed, acquired or retired Equity Interests shall not
exceed $10 million in any fiscal year of the Issuers;

       

      (6) payment of
fees in connection with any acquisition, merger or similar transaction in an
amount that does not exceed an amount equal to 1.25% of the transaction value of
such acquisition, merger or similar transaction;

       

      (7) additional
Restricted Payments directly or indirectly to any Parent (i) regardless of
whether a Default exists (other than a Default under Section 6.01(1), (2), (7)
or (8)), for the purpose of enabling Charter Holdings, CCOH, CCH II, CCH I, CIH
and/or any Charter Refinancing Subsidiary to pay interest when due on
Indebtedness under the Charter Holdings Indentures, the CCOH Indentures, the
CCOH Credit Facility, the CCH II Indentures, the CCH I Indentures, the CIH
Indentures and/or any Charter Refinancing Indebtedness, (ii) for the
purpose of enabling CCI and/or any Charter Refinancing Subsidiary to pay
interest when due on Indebtedness under the CCI Indentures and/or any Charter
Refinancing Indebtedness and (iii) so long as the Company would have been
permitted, at the time of such Restricted Payment and after giving pro forma
effect thereto as if such Restricted Payment had been made at the beginning of
the applicable quarter period, to incur at least $1.00 of additional
Indebtedness pursuant to the Leverage Ratio test set forth in
the first paragraph of Section 4.10,
(A) consisting
of dividends or distributions to the extent required to enable CCH II, Charter
Holdings, CCI, CCOH, CCH I, CIH or any Charter Refinancing Subsidiary to
defease, redeem, repurchase, prepay, repay, discharge or otherwise acquire or
retire for value Indebtedness under the CCH II Indentures, the Charter Holdings
Indentures, the CCI Indentures, the CCOH Indentures, the CCOH Credit Facility,
the CCH I Indentures, the CIH Indentures or any Charter Refinancing Indebtedness
(including any expenses incurred by any Parent in connection therewith) or
(B) consisting of purchases, redemptions or other acquisitions by the
Company or its Restricted Subsidiaries of Indebtedness under the CCH II
Indentures, the Charter Holdings Indentures, the CCI Indentures, the CCOH
Indentures, the CCOH Credit Facility, the CCH I Indentures, the CIH Indentures
or any Charter Refinancing Indebtedness (including any expenses incurred by the
Company and its 

       

       

      
        
          
          

        

        
          50

          
            

          

        

        
          
          

        

         

         

        Restricted
Subsidiaries in connection therewith) and the distribution, loan or investment
to any Parent of Indebtedness so purchased, redeemed or
acquired.

      

       

      (8) Restricted
Payments directly or indirectly to CCOH or any other Parent regardless of
whether a Default exists (other than a Default under Section 6.01(1), (2), (7)
or (8)), for the purpose of enabling such Person (A) to pay interest on and (B)
so long as the Company would, at the time of such Restricted Payment and after
giving pro forma effect thereto as if such Restricted Payment had been made at
the beginning of the applicable quarter period, have been permitted to incur at
least $1.00 of additional Indebtedness pursuant to the first paragraph of
Section 4.10, to defease, redeem, repurchase, prepay, repay, discharge or
otherwise acquire or retire, in each case, Indebtedness of such Parent (x) which
is not held by another Parent and (y) to the extent that the net cash proceeds
of such Indebtedness are or were used for the (1) payment of interest or
principal (or premium) on any Indebtedness of a Parent (including (A) by way of
a tender, redemption or prepayment of such Indebtedness and (B) amounts set
aside to prefund any such payment), (2) direct or indirect Investment in the
Company or any of its Restricted Subsidiaries (to the extent such Investment is
deducted from clause (iii)(b) of the first paragraph of this Section 4.07) or
(3) payment of amounts that would be permitted to be paid by way of a Restricted
Payment under clause (9) below (including the expenses of any exchange
transaction); and

       

      (9) Restricted
Payments directly or indirectly to CCOH or any other Parent of (A) attorneys’
fees, investment banking fees, accountants’ fees, underwriting discounts and
commissions and other customary fees and expenses actually incurred in
connection with any issuance, sale or incurrence by CCOH or such Parent of
Equity Interests or Indebtedness, or any exchange of securities or tender for
outstanding debt securities, or (B) the costs and expenses of any offer to
exchange privately placed securities in respect of the foregoing for publicly
registered securities or any similar concept having a comparable
purpose.

       

      The
amount of all Restricted Payments (other than cash) shall be the fair market
value on the date of the Restricted Payment of the asset(s) or securities
proposed to be transferred or issued by the Company or any of its Restricted
Subsidiaries pursuant to the Restricted Payment.  The fair market
value of any assets or securities that are required to be valued by this Section
4.07 shall be determined by the Board of Directors of the Company, whose
resolution with respect thereto shall be delivered to the
Trustee.  Such Board of Directors’ determination must be based upon an
opinion or appraisal issued by an accounting, appraisal or investment banking
firm of national standing if the fair market value exceeds $100
million.

       

      Not later
than the date of making any Restricted Payment involving an amount or fair
market value in excess of $10 million, the Issuers shall deliver to the Trustee
an Officers’ Certificate stating that such Restricted Payment is permitted and
setting forth the basis upon which the calculations required by this
Section 4.07 were computed, together with a copy of any fairness opinion or
appraisal by an accounting, appraisal, valuation or investment banking firm of
national standing as required by this Indenture.

       

      Section
4.08 Investments.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
directly or indirectly:

       

      (1) make any
Restricted Investment; or

       

      (2) allow any of
its Restricted Subsidiaries to become an Unrestricted Subsidiary, unless, in
each case:

       

       

      
        
          
          

        

        
          51

          
            

          

        

        
          
          

        

      

       

      (a) no Default
or Event of Default under this Indenture shall have occurred and be continuing
or would occur as a consequence thereof; and

       

      (b) the Company would, at the time of, and after
giving effect to, such Restricted Investment or such designation of a Restricted
Subsidiary as an Unrestricted Subsidiary, have been permitted to incur at least
$1.00 of additional Indebtedness pursuant to the Leverage Ratio test set forth
in the first paragraph of Section 4.10. 

       

      An
Unrestricted Subsidiary may be redesignated as a Restricted Subsidiary if such
redesignation would not cause a Default.

       

      Section
4.09 Dividend
and Other Payment Restrictions Affecting
Subsidiaries.

       

      The
Company shall not, directly or indirectly, create or permit to exist or become
effective any encumbrance or restriction on the ability of any of its Restricted
Subsidiaries to:

       

      (1) pay
dividends or make any other distributions on its Capital Stock to the Company or
any of its Restricted Subsidiaries, or with respect to any other interest or
participation in, or measured by, its profits, or pay any Indebtedness owed to
the Company or any of its Restricted Subsidiaries;

       

      (2) make loans
or advances to the Company or any of its Restricted Subsidiaries;
or

       

      (3) transfer any
of its properties or assets to the Company or any of its Restricted
Subsidiaries.

       

      The
preceding restrictions shall not apply to encumbrances or restrictions existing
under or by reason of:

       

      (4) Existing
Indebtedness, contracts and other instruments as in effect on the Issue Date
(including Indebtedness under any of the Credit Facilities or the Existing CCO
Indenture) and any amendments, modifications, restatements, renewals, increases,
supplements, refundings, replacements or refinancings thereof, provided,
however, that such
amendments, modifications, restatements, renewals, increases, supplements,
refundings, replacements or refinancings are not materially more restrictive,
taken as a whole, with respect to such dividend and other payment restrictions
than those contained in the most restrictive Existing Indebtedness, contracts or
other instruments, as in effect on the Issue Date;

       

      (5) this
Indenture and the Notes;

       

      (6) applicable
law;

       

      (7) any
instrument governing Indebtedness or Capital Stock of a Person acquired by the
Company or any of its Restricted Subsidiaries as in effect at the time of such
acquisition (except to the extent such Indebtedness was incurred in connection
with or in contemplation of such acquisition), which encumbrance or restriction
is not applicable to any Person, or the properties or assets of any Person,
other than the Person, or the property or assets of the Person, so acquired;
provided,
however, that, in
the case of Indebtedness, such Indebtedness was permitted by the terms of this
Indenture to be incurred;

       

       

      
        
          
          

        

        
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      (8) customary
non-assignment provisions in leases, franchise agreements and other commercial
agreements entered into in the ordinary course of
business;

       

      (9) purchase
money obligations for property acquired in the ordinary course of business that
impose restrictions on the property so acquired of the nature described in
clause (3) of the preceding paragraph;

       

      (10) any
agreement for the sale or other disposition of Capital Stock or assets of a
Restricted Subsidiary that restricts distributions by such Restricted Subsidiary
pending such sale or other disposition;

       

      (11) Permitted
Refinancing Indebtedness; provided, however, that the restrictions contained in
the agreements governing such Permitted Refinancing Indebtedness are not
materially more restrictive at the time such restrictions become effective,
taken as a whole, than those contained in the agreements governing the
Indebtedness being refinanced;

       

      (12) Liens
securing Indebtedness or other obligations otherwise permitted to be incurred
under Section 4.14 that limit the right of the Company or any of its
Restricted Subsidiaries to dispose of the assets subject to such
Lien;

       

      (13) provisions
with respect to the disposition or distribution of assets or property in joint
venture agreements and other similar agreements entered into in the ordinary
course of business;

       

      (14) restrictions
on cash or other deposits or net worth imposed by customers under contracts
entered into in the ordinary course of business;

       

      (15) restrictions
contained in the terms of Indebtedness or Preferred Stock permitted to be
incurred under Section 4.10; provided, however, that such restrictions are
not materially more restrictive, taken as a whole, than the terms contained in
the most restrictive, together or individually, of the Credit Facilities and
other Existing Indebtedness as in effect on April 27, 2004;
and

       

      (16) restrictions
that are not materially more restrictive, taken as a whole, than customary
provisions in comparable financings and that the management of the Company
determines, at the time of such financing, will not materially impair the
Issuers’ ability to make payments as required under the
Notes.

       

      Section
4.10 Incurrence
of Indebtedness and Issuance of Preferred Stock.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
directly or indirectly, create, incur, issue, assume, guarantee or otherwise
become directly or indirectly liable, contingently or otherwise, with respect to
(collectively, “incur”)
any Indebtedness (including Acquired Debt) and the Company shall not issue any
Disqualified Stock and shall not permit any of its Restricted Subsidiaries to
issue any shares of Disqualified Stock or Preferred Stock; provided, however, that the
Company or any of its Restricted Subsidiaries that are Guarantors may incur
Indebtedness, the Company may issue Disqualified Stock and Restricted
Subsidiaries of the Company that are Guarantors may issue Preferred Stock if the
Leverage Ratio of the Company and its Restricted Subsidiaries would have been
not greater than 4.25 to 1.0 determined on a pro forma basis (including a
pro forma application
of the net proceeds therefrom), as if the additional Indebtedness had been
incurred, or the Disqualified Stock or Preferred Stock had been issued, as the
case may be, at the beginning of the most recently ended fiscal
quar-

       

       

      
        
          
          

        

        
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        ter.  Debt
incurred under this paragraph, or once incurred under this paragraph and
subsequently refinanced under clause (5) of the next succeeding paragraph, is
collectively referred to as “Ratio
Debt”).

      

       

      So long
as no Default under this Indenture shall have occurred and be continuing or
would be caused thereby, the first paragraph of this Section 4.10 shall not
prohibit the incurrence of any of the following items of Indebtedness
(collectively, “Permitted
Debt”):

       

      (1) the
incurrence of Indebtedness under the Credit Facilities by the Company and its
Restricted Subsidiaries that are Guarantors or that are not Guarantors because
of the failure of the Effectiveness Condition to be satisfied (or that cease to
be Guarantors as a result of the operation of the first paragraph of clause (a)
of Section 11.04 and are no longer otherwise obligors with respect to the
CCO Credit Facility and the Related Obligations, except continuing to secure the
Company’s obligations under the CCO Credit Facility and the Related Obligations
and the Issuers’ obligations with respect to the Notes under Article 10);
provided,
however, that the
aggregate principal amount of all Indebtedness of the Company and its Restricted
Subsidiaries outstanding under this clause (1) for all Credit Facilities after
giving effect to such incurrence does not exceed an amount equal to $6.8 billion
less the aggregate amount of all Net Proceeds from Asset Sales applied by the
Company or any of its Restricted Subsidiaries to repay Indebtedness under a
Credit Facility pursuant to Section 4.11;

       

      (2) the
incurrence by the Company and its Restricted Subsidiaries of Existing
Indebtedness (including Indebtedness outstanding on the Issue Date under the CCO
Credit Facility);

       

      (3) the
incurrence on the Issue Date by the Company and its Restricted Subsidiaries of
Indebtedness represented by the Notes (other than any Additional
Notes);

       

      (4) the
incurrence by the Company or any of its Restricted Subsidiaries of Indebtedness
represented by Capital Lease Obligations, mortgage financings or purchase money
obligations, in each case, incurred for the purpose of financing all or any part
of the purchase price or cost of construction or improvement (including the cost
of design, development, construction, acquisition, transportation, installation,
improvement and migration) of Productive Assets of the Company or any of its
Restricted Subsidiaries, in an aggregate principal amount not to exceed,
together with any related Permitted Refinancing Indebtedness permitted by clause
(5) below, $75 million at any time outstanding;

       

      (5) the
incurrence by the Company or any of its Restricted Subsidiaries of Permitted
Refinancing Indebtedness in exchange for, or the net proceeds of which are used
to refund, refinance or replace, in whole or in part, Indebtedness that was
permitted by this Indenture to be incurred under this clause (5), the first
paragraph of this Section 4.10 (but only with respect to such first paragraph if
by the Company and its Restricted Subsidiaries that are Guarantors) or clause
(2), (3) or (4) of this paragraph;

       

      (6) the
incurrence by the Company or any of its Restricted Subsidiaries of intercompany
Indebtedness between or among the Company and/or any of its Restricted
Subsidiaries; provided,
however,
that:

       

      (a) if the
Company or a Restricted Subsidiary of the Company that is a Guarantor is the
obligor on such Indebtedness, such Indebtedness must be expressly subordinated
to the Notes or the Note Guarantee of such Guarantor on the same terms as such
Indebtedness is subordinated to the CCO Credit Facility and the Related
Obligations; and

       

       

      
        
          
          

        

        
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      (b) (i) any
subsequent issuance or transfer of Equity Interests that results in any such
Indebtedness being held by a Person other than the Company or a Restricted
Subsidiary of the Company and (ii) any sale or other transfer of any such
Indebtedness to a Person that is neither the Company nor a Restricted Subsidiary
of the Company shall be deemed, in each case, to constitute an incurrence of
such Indebtedness that was not permitted by this clause
(6);

       

      (7) the
incurrence by the Company or any of its Restricted Subsidiaries of Hedging
Obligations that are incurred for the purpose of fixing, hedging or swapping
interest rate risk with respect to any floating rate Indebtedness that is
permitted by the terms of this Indenture to be
outstanding;

       

      (8) the
guarantee by the Company or any of its Restricted Subsidiaries of Indebtedness
of a Restricted Subsidiary that was permitted to be incurred by another
provision of this Section 4.10 and the guarantee by a Guarantor or by a
Subsidiary that is not a Guarantor because of the failure of the Effectiveness
Condition to be satisfied (or that ceases to be a Guarantor as a result of the
operation of the first paragraph of clause (a) of Section 11.04 and is no
longer otherwise an obligor with respect to the CCO Credit Facility and the
Related Obligations, except continuing to secure the Company’s obligations under
the CCO Credit Facility and the Related Obligations and the Issuers’ obligations
with respect to the Notes under Article 10) of Indebtedness of CCO that was
permitted to be incurred by another provision of this Section
4.10;

       

      (9) Acquired
Debt of a Person that becomes, or is merged into, a Restricted Subsidiary that
is not a Guarantor; provided, however, that (x) such Acquired Debt was not
incurred in connection with, or in contemplation of, such Person becoming, or
being merged into, a Restricted Subsidiary and (y) the Company would, at
the time such Person becomes, or is merged into, a Restricted Subsidiary and
after giving pro forma effect thereto as if such acquisition or merger had been
made at the beginning of the applicable quarter period, have been permitted to
incur at least $1.00 of additional Indebtedness pursuant to the Leverage Ratio
test set forth in the first paragraph of this Section
4.10;

       

      (10) the
incurrence by the Company or any of its Restricted Subsidiaries of additional
Indebtedness in an aggregate principal amount at any time outstanding under this
clause (10) not to exceed $300 million;

       

      (11) the
accretion or amortization of original issue discount and the write-up of
Indebtedness in accordance with purchase accounting;
and

       

      (12) Indebtedness
of the Company or any of its Restricted Subsidiaries arising from the honoring
by a bank or other financial institution of a check, draft or similar instrument
drawn by the Company or such Restricted Subsidiary in the ordinary course of
business against insufficient funds, so long as such Indebtedness is promptly
repaid.

       

      Indebtedness
outstanding under the CCO Credit Facility on the Issue Date, shall be deemed to
be outstanding in reliance on clause (2) above (and not in reliance on clause
(1)).  For purposes of determining compliance with this
Section 4.10, in the event that an item of proposed Indebtedness
(a) meets the criteria of more than one of the categories of Permitted Debt
described in clauses (1) through (12) above or (b) is entitled to be incurred
pursuant to the first paragraph of this Section 4.10, the Company shall be
permitted to classify and from time to time to reclassify such item of
Indebtedness in any manner that complies with this Section 4.10.  Once
any item of Indebtedness is so reclassified, it shall no longer be deemed
outstanding under the category of Permitted Debt, where initially incurred or
previously reclassified.  For avoidance of doubt, Indebtedness
incurred pursuant to a single agreement, instrument, program, facility or line
of credit may be classified as Indebtedness arising in part under one of the

       

       

      
        
          
          

        

        
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        clauses
listed above or under the first paragraph of this Section 4.10, and in part
under any one or more of the clauses listed above, to the extent that such
Indebtedness satisfies the criteria for such classification.

      

       

      The
Company shall not, directly or indirectly, incur, or permit any of its
Restricted Subsidiaries that is a Guarantor to incur, any Indebtedness which by
its contractual terms (or by the contractual terms of any agreement to which any
of the Company or its Restricted Subsidiaries is a party governing such
Indebtedness) is subordinated in right of payment to any other Indebtedness of
the Company or such Guarantor, unless such Indebtedness is also by its terms (or
by the contractual terms of any agreement to which the Company or such Guarantor
is a party governing such Indebtedness) made expressly subordinate to the Notes
(or relevant Note Guarantee) to the same extent and in the same manner as such
Indebtedness is subordinated to other Indebtedness of the Company or such
Restricted Subsidiary, as the case may be (it being understood that Indebtedness
would not be considered subordinated in right of payment (i) merely by
reason of being secured with a lower-priority Lien, (ii) if such
Indebtedness constitutes Additional Pari Passu Second Priority Indebtedness or
(iii) if such Indebtedness is pari passu in right of payment to the Notes
and subject to an agreement the terms of which are substantially similar to the
intercreditor agreement referred to in Section 7.12.

       

      Notwithstanding
the foregoing, all Indebtedness incurred during any Suspension Period shall not
be deemed to have been incurred for the purposes of this Section 4.10, but shall
be included in the calculation of outstanding Indebtedness from and after the
next succeeding Reversion Date.

       

       

      Section
4.11 Limitation
on Asset Sales.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
consummate an Asset Sale unless:

       

       

      (1) the Company
or such Restricted Subsidiary receives consideration at the time of such Asset
Sale at least equal to the fair market value of the assets or Equity Interests
issued or sold or otherwise disposed of;

       

      (2) such fair
market value is determined by the Board of Directors of the Company and
evidenced by a resolution of such Board of Directors set forth in an Officers’
Certificate delivered to the Trustee; and

       

      (3) at least 75%
of the consideration therefor received by the Company or such Restricted
Subsidiary is in the form of cash, Cash Equivalents or readily marketable
securities.

       

      For
purposes of this Section 4.11, each of the following shall be deemed to be
cash:

       

       

      (a) any
liabilities (as shown on the Company’s or such Restricted Subsidiary’s most
recent balance sheet) of the Company or any Restricted Subsidiary thereof (other
than contingent liabilities and liabilities that are by their terms subordinated
to the Notes) that are assumed by the transferee of any such assets pursuant to
a customary novation agreement that releases the Company or such Restricted
Subsidiary from further liability;

       

       

      
        
          
          

        

        
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      (b) any
securities, notes or other obligations received by the Company or any such
Restricted Subsidiary from such transferee that are converted by the recipient
thereof into cash, Cash Equivalents or readily marketable securities within 60
days after receipt thereof (to the extent of the cash, Cash Equivalents or
readily marketable securities received in that conversion);
and

       

      (c) Productive
Assets.

       

      Within
365 days after the receipt of any Net Proceeds from an Asset Sale, the Company
or a Restricted Subsidiary of the Company may apply an amount equal to such Net
Proceeds at its option:

       

      (4) to repay
debt under Credit Facilities (other than debt securities issued as part of, or
to refinance, a Credit Facility that are not Pari Passu First Priority
Indebtedness) or other Pari Passu First Priority Indebtedness or any other
Indebtedness of the Restricted Subsidiaries of the Company (other than
Indebtedness represented solely by a guarantee of a Restricted Subsidiary of the
Company); or

       

      (5) to invest in
Productive Assets; provided,
however, that any
such amount of Net Proceeds which the Company or a Restricted Subsidiary has
committed to invest in Productive Assets within 365 days of the applicable Asset
Sale may be invested in Productive Assets within two years of such Asset
Sale.

       

      The
amount of any Net Proceeds received from Asset Sales that are not applied or
invested as provided in the preceding paragraph shall constitute “Excess
Proceeds.”  When the aggregate amount of Excess Proceeds
exceeds $25 million, the Company shall make an offer (an “Asset Sale Offer”) to all
Holders and all holders of other Indebtedness that is of equal priority with the
Notes (including the Existing CCO Notes) containing provisions requiring offers
to purchase or redeem with the proceeds of sales of assets to purchase the
maximum principal amount of Notes and such other Indebtedness of equal priority
that may be purchased out of the Excess Proceeds, irrespective of the $25
million threshold.  The offer price in any Asset Sale Offer shall be
payable in cash and equal to 100% of the principal amount of the subject Notes
plus accrued and unpaid interest, if any, to the date of purchase.  If
the aggregate principal amount of Notes and such other Indebtedness of equal
priority tendered into such Asset Sale Offer exceeds the amount of Excess
Proceeds, the Trustee shall select the Notes and such other Indebtedness of
equal priority to be purchased on a pro rata basis.

       

      If any
Excess Proceeds remain after consummation of an Asset Sale Offer, then the
Company or any Restricted Subsidiary thereof may use such remaining Excess
Proceeds for any purpose not otherwise prohibited by this
Indenture.  Upon completion of any Asset Sale Offer, the amount of
Excess Proceeds shall be reset at zero.

       

      In the
event that the Company shall be required to commence an offer to Holders to
purchase Notes pursuant to this Section 4.11, it shall follow the
procedures specified in Section 3.09.

       

       

      Section
4.12 Sale
and Leaseback Transactions.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
enter into any sale and leaseback transaction; provided, however, that the
Company and its Restricted Subsidiaries may enter into a sale and leaseback
transaction if:

       

       

      
        
          
          

        

        
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                      (1) the Company
or such Restricted Subsidiary could have

       

      (a) incurred
Indebtedness in an amount equal to the Attributable Debt relating to such sale
and leaseback transaction under the Leverage Ratio test in the first paragraph
of Section 4.10; and

       

      (b) incurred a
Lien to secure such Indebtedness pursuant to Section 4.14 or the definition
of “Permitted Liens”; and

       

      (2) the transfer
of assets in that sale and leaseback transaction is permitted by, and the
Company or such Restricted Subsidiary applies the proceeds of such transaction
in compliance with, Section 4.11.

       

      Section
4.13 Transactions
with Affiliates.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
make any payment to, or sell, lease, transfer or otherwise dispose of any of its
properties or assets to, or purchase any property or assets from, or enter into
or make or amend any transaction, contract, agreement, understanding, loan,
advance or guarantee with, or for the benefit of, any Affiliate (each, an “Affiliate Transaction”),
unless:

       

       

      (1) such
Affiliate Transaction is on terms that are no less favorable to the Company or
the relevant Restricted Subsidiary than those that would have been obtained in a
comparable transaction by the Company or such Restricted Subsidiary with an
unrelated Person; and

       

      (2) the Company
delivers to the Trustee:

       

      (a) with respect
to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate consideration given or received by the Company or any such
Restricted Subsidiary in excess of $15 million, a resolution of the Board of
Directors of the Company or CCI in its capacity as manager of the Company (other
than with respect to an Affiliate Transaction involving CCI) set forth in an
Officers’ Certificate certifying that such Affiliate Transaction complies with
this Section 4.13 and that such Affiliate Transaction has been approved by
a majority of the members of such Board of Directors;
and

       

      (b) with respect
to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate consideration given or received by the Company or any
Restricted Subsidiary in excess of $50 million, an opinion as to the fairness to
the Holders of such Affiliate Transaction from a financial point of view issued
by an accounting, appraisal or investment banking firm of national
standing.

       

      The
following items shall not be deemed to be Affiliate Transactions and, therefore,
shall not be subject to the provisions of the prior paragraph:

       

       

      (1) any
existing employment agreement and employee benefit arrangement (including stock
purchase or option agreements, deferred compensation plans, and retirement,
savings or similar plans) entered into by the Company or any of its Subsidiaries
and any employment 

       

       

      
        
          
          

        

        
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        agreements
and employee benefit arrangements entered into by the Company or any of its
Restricted Subsidiaries in the ordinary course of business;

      

       

      (3) transactions
between or among the Company and/or its Restricted
Subsidiaries;

       

      (4) payment of
reasonable directors’ fees to Persons who are not otherwise Affiliates of the
Company and customary indemnification and insurance arrangements in favor of
directors, regardless of affiliation with the Company or any of its Restricted
Subsidiaries;

       

      (5) payment of
Management Fees;

       

      (6) Restricted
Payments that are permitted by Section 4.07 and Restricted Investments that
are permitted by Section 4.08;

       

      (7) Permitted
Investments;

       

      (8) transactions
pursuant to agreements existing on the Issue Date, as in effect on the Issue
Date, or as subsequently modified, supplemented, or amended, to the extent that
any such modifications, supplements or amendments complied with the applicable
provisions of the first paragraph of this Section 4.13;
and

       

      (9) contributions
to the common equity capital of the Company or the issue or sale of Equity
Interests of the Company.

       

      Section
4.14 Liens.

       

      The
Company shall not, and shall not permit any of its Restricted Subsidiaries to,
directly or indirectly, create or incur any Lien of any kind securing
Indebtedness, Attributable Debt or trade payables on any of their respective
assets, whether owned on the Issue Date or thereafter acquired, if such Lien is
to secure such an obligation on a basis contractually senior, in any respect, to
the Liens securing the Notes and if after giving effect thereto, or after giving
effect to the incurrence of such Indebtedness (including Pari Passu First
Priority Indebtedness), Attributable Debt or trade payables, the Senior Secured
Leverage Ratio would exceed 3.75 to 1.0.  The foregoing restriction
shall not apply to Permitted Liens.

       

       

      Section
4.15 Existence.

       

      Subject
to Article 5, the Company shall do or cause to be done all things necessary to
preserve and keep in full force and effect (i) its limited liability
company existence, and the corporate, partnership or other existence of each of
its Subsidiaries, in accordance with the respective organizational documents (as
the same may be amended from time to time) of the Company or any such Subsidiary
and (ii) the rights (charter and statutory), licenses and franchises of the
Company and its Subsidiaries; provided, however, that the Company shall not be
required to preserve any such right, license or franchise, or the corporate,
partnership or other existence of any of its Subsidiaries (other than Capital
Corp), if the Board of Directors of the Company shall determine that the
preservation thereof is no longer desirable in the conduct of the business of
the Company and its Subsidiaries, taken as a whole, and that the loss thereof is
not adverse in any material respect to the Holders.

       

       

      Section
4.16 Repurchase
at the Option of Holders upon a Change of Control.

       

       

      
        
          
          

        

        
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      If a
Change of Control occurs, each Holder shall have the right to require the
Issuers to repurchase all or any part (equal to $2,000 or an integral multiple
of $1,000 in excess thereof) of that Holder’s Notes pursuant to a “Change of Control
Offer.”  In the Change of Control Offer, the Issuers shall
offer a “Change of Control
Payment” in cash equal to 101% of the aggregate principal amount of Notes
repurchased plus accrued and unpaid interest thereon, if any, to the date of
purchase.

       

      Within
ten days following any Change of Control, the Issuers shall mail a notice to
each Holder (with a copy to the Trustee) describing the transaction or
transactions that constitute the Change of Control and stating:

       

       

      (1) the purchase
price and the purchase date, which shall not exceed 30 Business Days from the
date such notice is mailed (the “Change
of Control Payment Date”);

       

      (2) that any
Note not tendered shall continue to accrue interest;

       

      (3) that, unless
the Issuers default in the payment of the Change of Control Payment, all Notes
accepted for payment pursuant to the Change of Control Offer shall cease to
accrue interest after the Change of Control Payment
Date;

       

      (4) that Holders
electing to have any Notes purchased pursuant to a Change of Control Offer shall
be required to surrender the Notes, with the form entitled “Option of Holder to
Elect Purchase” on the reverse of the Notes completed, to the Paying Agent at
the address specified in the notice prior to the close of business on the third
Business Day preceding the Change of Control Payment
Date;

       

      (5) that Holders
shall be entitled to withdraw their election if the Paying Agent receives, not
later than the close of business on the second Business Day preceding the Change
of Control Payment Date, a telegram, telex, facsimile transmission or letter
setting forth the name of the Holder, the principal amount of Notes delivered
for purchase, and a statement that such Holder is withdrawing his election to
have the Notes purchased; and

       

      (6) that Holders
whose Notes are being purchased only in part shall be issued new Notes equal in
principal amount to the unpurchased portion of the Notes surrendered, which
unpurchased portion must be equal to $2,000 in principal amount or an integral
multiple of $1,000 in excess thereof.

       

      The
Issuers shall comply with the requirements of Rule 14e-1 under the Exchange
Act (or any successor rules) and any other securities laws and regulations
thereunder to the extent such laws and regulations are applicable in connection
with the repurchase of the Notes as a result of a Change of
Control.  To the extent that the provisions of any securities laws or
regulations conflict with the provisions of this Section 4.16, the Issuers’
compliance with such laws and regulations shall not in and of itself cause a
breach of their obligations under this Section 4.16.

       

      On the
Change of Control Payment Date, the Issuers shall, to the extent
lawful:

       

       

      (1) accept for
payment all Notes or portions thereof properly tendered pursuant to the Change
of Control Offer;

       

       

      
        
          
          

        

        
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(2) deposit with
the Paying Agent an amount equal to the Change of Control Payment in respect of
all Notes or portions thereof so tendered; and

       

                   
(3) deliver or
cause to be delivered to the Trustee the Notes so accepted together with an
Officers’ Certificate stating the aggregate principal amount of Notes or
portions thereof being purchased by the Issuers.

       

      The
Paying Agent shall promptly mail to each Holder so tendered the Change of
Control Payment for such Notes, and the Trustee shall, upon receipt of an
Authentication Order, promptly authenticate and mail (or cause to be transferred
by book entry) to each Holder a new Note equal in principal amount to any
unpurchased portion of the Notes surrendered, if any; provided, however, that
each such new Note shall be in a principal amount of $2,000 or an integral
multiple of $1,000 in excess thereof.  The Issuers shall publicly
announce the results of the Change of Control Offer on or as soon as practicable
after the Change of Control Payment Date.

       

      The
provisions described above that require the Issuers to make a Change of Control
Offer following a Change of Control shall be applicable regardless of whether or
not any other provisions in this Indenture are applicable.  Except as
described above with respect to a Change of Control, this Indenture does not
contain provisions that permit the Holders to require that the Issuers
repurchase or redeem the Notes in the event of a takeover, recapitalization or
similar transaction.

       

      Notwithstanding
any other provision of this Section 4.16, the Issuers shall not be required
to make a Change of Control Offer upon a Change of Control if the Company
delivers to the Trustee an Officers’ Certificate certifying that a third party
has made or will make the Change of Control Offer in the manner, at the times
and otherwise in compliance with the requirements set forth in this Indenture
applicable to a Change of Control Offer made by the Issuers and has purchased or
will purchase all Notes validly tendered and not withdrawn under such Change of
Control Offer.

       

       

      Section
4.17 Additional
Note Guarantees; Security.

       

      The
Company shall cause each Restricted Subsidiary of the Company that, after the
Issue Date, directly or indirectly, Guarantees or pledges any assets to secure
the payment of, or otherwise becomes an obligor with respect to, any
Indebtedness under the CCO Credit Facility or clause (1) of the second
paragraph of Section 4.10 or Related Obligations:

       

       

      (1) to the
extent that such Subsidiary Guarantees or becomes an obligor with respect to
such Indebtedness, to execute and deliver a supplemental indenture substantially
in the form of Exhibit E hereto providing for the guarantee of the payment of
the Notes such Restricted Subsidiary pursuant to a Note Guarantee, subject,
however, to the Effectiveness Condition; and

       

      (2) to the
extent such Indebtedness is secured by a security interest in any assets of such
Restricted Subsidiary, execute one or more Security Documents upon substantially
the same terms that grant the collateral agent under the Security Documents, for
the benefit of the Trustee and the Holders, a perfected second-priority security
interest in the assets of such Subsidiary that secure First Lien
Obligations.

       

      provided, however, that no
such Note Guarantee and/or security need be provided if the time such Note
Guarantee and security would otherwise be granted is not during a Guarantee and
Pledge Availability Period, but such Note Guarantee and/or security will be
required to be provided in accordance with the pro-

       

       

      
        
          
          

        

        
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      visions
of this Section 4.17 on or prior to the fifth Business Day after the
commencement of the next succeeding Guarantee and Pledge Availability
Period.  If, following the release of any Note Guarantee or any
Collateral in accordance with the provisions of this Indenture, such Guarantor
again guarantees, pledges any assets to secure the payment of, or otherwise
becomes an obligor with respect to, the CCO Credit Facility and the Related
Obligations or any other Indebtedness under clause (1) of the second paragraph
of Section 4.10 or Related Obligations, then such Guarantor shall also
guarantee the Notes and/or repledge such assets, as applicable, as described
above under this Section 4.17.

       

       

      In the
event that additional Liens are granted by the Company or its Subsidiaries to
secure obligations under the CCO Credit Facility or the Related Obligations,
second-priority Liens on the same assets will be granted to secure the Notes and
other Second Lien Obligations of the Company, which Liens will be subject to the
provisions of the Intercreditor Agreement.  Notwithstanding the
foregoing sentence, no such second-priority Liens need be provided if the time
such Lien would otherwise be granted is not during a Guarantee and Pledge
Availability Period, but such second-priority Lien shall be required to be
provided in accordance with the foregoing sentence on or prior to the fifth
Business Day of the commencement of the next succeeding Guarantee and Pledge
Availability Period.

       

      Any
Restricted Subsidiary acquired after the Issue Date that is prohibited from
issuing a Note Guarantee pursuant to the restrictions contained in any debt
instrument or other agreement in existence at the time such Restricted
Subsidiary was acquired and not entered into in anticipation or contemplation of
such acquisition shall not be required to become a Guarantor so long as any such
restriction is in existence and to the extent of such restriction.

       

      The
Company shall take, and cause each of its Subsidiaries to take, all action to
preserve and protect the security interests and Liens required to be granted by
this Section 4.17 to the extent it (or its Subsidiaries) takes such action to
preserve or protect similar Liens securing Indebtedness under clause (1) of the
second paragraph of Section 4.10 or Related Obligations.

       

      Section
4.18 Payments
for Consent.

       

      The
Company shall not, and shall not permit any of its Subsidiaries to, directly or
indirectly, pay or cause to be paid any consideration to or for the benefit of
any Holder for or as an inducement to any consent, waiver or amendment of any of
the terms or provisions of this Indenture or the Notes unless such consideration
is offered to be paid and is paid to all Holders that consent, waive or agree to
amend in the time frame set forth in the solicitation documents relating to such
consent, waiver or agreement.

       

       

      Section
4.19 Suspension
of Covenants.

       

      During
any period of time that (a) any Notes have an Investment Grade Rating from
both Rating Agencies and (b) no Default or Event of Default has occurred and is
continuing under this Indenture (the “Suspension Period”), the
Company and its Restricted Subsidiaries shall not be subject to the provisions
of Sections 4.07, 4.08, 4.09, 4.10, 4.11, 4.12 and 4.13 and clause (D) of the
first paragraph of Section 5.01 (collectively, the “Suspended
Covenants”).  The Issuers shall promptly notify the Trustee of
the commencement of a Suspension Period.

       

      If the
Company and its Restricted Subsidiaries are not subject to the Suspended
Covenants for any period of time as a result of the previous sentence and,
subsequently, (i) one, or both, of the Rating Agencies withdraw their ratings or
downgrade the ratings assigned to the Notes below the required 

       

       

      
        
          
          

        

        
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        Investment
Grade Ratings or (ii) a Default or Event of Default occurs and is
continuing under such Notes (each, a “Reversion Date”), then the
Company and its Restricted Subsidiaries shall thereafter again be subject to the
Suspended Covenants.

      

       

      For
purposes of calculating the amount available to be made as Restricted Payments
under clause (iii) of the first paragraph of Section 4.07, calculations
under that clause will be made with reference to the Reference Date, as set
forth in that clause.  Accordingly, (x) Restricted Payments made
during the Suspension Period not otherwise permitted pursuant to any of clauses
(1) through (9) of the second paragraph of Section 4.07 will reduce the amount
available to be made as Restricted Payments under clause (iii) of the second
paragraph of Section 4.07; provided, however, that the
amount available to be made as Restricted Payments on the Reversion Date shall
not be reduced below zero solely as a result of such Restricted Payments, but
may be reduced below zero as a result of Consolidated EBITDA for the purpose of
clause (iii)(a) of the second paragraph of Section 4.07 being negative, and
(y) the items specified in subclauses (a) through (c) of clause (iii) of
the second paragraph of Section 4.07 that occur during the Suspension Period
will increase the amount available to be made as Restricted Payments under
clause (iii) of the second paragraph of Section 4.07.  Any
Unrestricted Subsidiary that was designated as such during any Suspension Period
that is a Subsidiary of the Company on the Reversion Date shall be deemed to be
a Restricted Subsidiary on the corresponding Reversion Date and such designation
shall not be deemed a Default or Event of Default under this
Indenture.

       

      For
purposes of Sections 3.09 and 4.11, on the Reversion Date, the unutilized Excess
Proceeds will be reset to zero.

      

      ARTICLE
5

       

      SUCCESSORS

       

      Section
5.01 Merger,
Consolidation, or Sale of Assets.

       

      Neither
Issuer may, directly or indirectly:  (1) consolidate or merge
with or into another Person or (2) sell, assign, transfer, convey or
otherwise dispose of all or substantially all of its properties or assets, in
one or more related transactions, to another Person; unless:

       

      (A) either:

       

      
        	
                (i)  

              	
                such
      Issuer is the surviving Person;
or

              

      

       

      
        	
                (ii)  

              	
                the
      Person formed by or surviving any such consolidation or merger (if other
      than such Issuer) or to which such sale, assignment, transfer, conveyance
      or other disposition shall have been made is a Person organized or
      existing under the laws of the United States, any state thereof or the
      District of Columbia; provided, however, that if the Person formed by or
      surviving any such consolidation or merger with such Issuer is a Person
      other than a corporation, a corporate co-issuer shall also be an obligor
      with respect to the Notes;

              

      

       

                  (B) the Person
formed by or surviving any such consolidation or merger (if other than such
Issuer) or the Person to which such sale, assignment, transfer, conveyance or
other disposition shall have been made assumes all the obligations of such
Issuer under the Notes and this In-

       

       

      
        
          
          

        

        
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denture and the Security Documents pursuant to a supplemental indenture with the
Trustee and agreements with respect to the Security
Documents;

      

       

      (C) immediately
after such transaction no Default or Event of Default exists;
and

       

      (D) such Issuer or the Person
formed by or surviving any such consolidation or merger (if other than such
Issuer) will, on the date of such transaction after giving pro forma effect
thereto and any related financing transactions as if the same had occurred at
the beginning of the applicable four-quarter
period,

       

       

      
        (x)           be
permitted to incur at least $1.00 of additional Indebtedness pursuant to the
Leverage Ratio test set forth in the first paragraph of Section 4.10;
or

         

        (y)           have
a Leverage Ratio immediately after giving effect to such consolidation or merger
no greater than the Leverage Ratio immediately prior to such consolidation or
merger.

         

      

       

      In
addition, the Company may not, directly or indirectly, lease all or
substantially all of its properties or assets, in one or more related
transactions, to any other Person.  The foregoing clause (D) shall not
apply to a sale, assignment, transfer, conveyance or other disposition of assets
between or among the Company and any of its Wholly Owned Restricted
Subsidiaries.

       

      Except as
provided in paragraph (b) of Section 11.04, no Guarantor that is a Subsidiary of
the Company may, directly or indirectly, consolidate or merge with or into
(whether or not such Subsidiary is the surviving Person) another Person,
unless:

       

      (A)           either:

       

                           (i)such Subsidiary is the surviving or
continuing Person, or

       

                  (ii)the Person formed by or surviving any such
consolidation or merger is another Guarantor that is a Subsidiary of the Company
or assumes, by supplemental indenture in form and substance reasonably
satisfactory to the Trustee, all of the obligations of such Subsidiary under the
Note Guarantee of such Subsidiary, this Indenture and the Security Documents;
and

       

      (B)           immediately
after such transaction no Default or Event of Default exists.

       

       

      Section
5.02 Successor
Corporation Substituted.

       

      Upon any
consolidation or merger, or any sale, assignment, transfer, lease, conveyance or
other disposition of all or substantially all of the assets of either Issuer in
accordance with Section 5.01, the successor Person formed by such
consolidation or into which either Issuer is merged or to which such transfer is
made shall succeed to and (except in the case of a lease) be substituted for,
and may exercise every right and power of, such Issuer under this Indenture with
the same effect as if such successor Person had been named therein as such
Issuer, and (except in the case of a lease) such Issuer shall be released from
the obligations under the Notes and this Indenture, except with respect to any
obligations that arise from, or are related to, such transaction.

       

       

      
        
          
          

        

        
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      ARTICLE
6   

                                   

      DEFAULTS
AND REMEDIES

       

      Section
6.01 Events
of Default.

       

      Each of
the following is an “Event of
Default” with respect to the Notes:

       

      (1) default for
30 consecutive days in the payment when due of interest on the
Notes;

       

      (2) default in
payment when due of the principal of or premium, if any, on the
Notes;

       

      (3) failure by
the Company or any of its Restricted Subsidiaries to comply with the provisions
of Sections 4.16 and 5.01;

       

      (4) failure by
the Company or any of its Restricted Subsidiaries for 30 consecutive days after
written notice thereof has been given to the Company by the Trustee or to the
Company and the Trustee by Holders of at least 25% of the aggregate principal
amount of Notes then outstanding to comply with any of its other covenants or
agreements in this Indenture;

       

      (5) default
under any mortgage, indenture or instrument under which there may be issued or
by which there may be secured or evidenced any Indebtedness for money borrowed
by the Company or any of its Restricted Subsidiaries (or the payment of which is
guaranteed by the Company or any of its Restricted Subsidiaries), whether such
Indebtedness or guarantee now exists or is created after the Issue Date, if that
default:

       

      (a) is caused by
a failure to pay at final stated maturity the principal amount of such
Indebtedness prior to the expiration of the grace period provided in such
Indebtedness on the date of such default (a “Payment
Default”);
or

       

      (b) results in
the acceleration of such Indebtedness prior to its express
maturity,

       

      and, in
each case, the principal amount of any such Indebtedness, together with the
principal amount of any other such Indebtedness under which there has been a
Payment Default or the maturity of which has been so accelerated, aggregates
$100 million or more;

       

      (6) failure by
the Company or any of its Restricted Subsidiaries to pay final judgments which
are non-appealable aggregating in excess of $100 million, net of applicable
insurance which has not been denied in writing by the insurer, which judgments
are not paid, discharged or stayed for a period of 60
days;

       

      (7) the Company
or any of its Significant Subsidiaries pursuant to or within the meaning of
Bankruptcy Law:

       

      (a) commences a
voluntary case,

       

      (b) consents to
the entry of an order for relief against it in an involuntary
case,

       

      (c) consents to
the appointment of a custodian of it or for all or substantially all of its
property, or

       

       

      
        
          
          

        

        
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      (d) makes a
general assignment for the benefit of its creditors;
or

       

      (8) a court of
competent jurisdiction enters an order or decree under any Bankruptcy Law
that:

       

      (a) is for
relief against the Company or any of its Significant Subsidiaries in an
involuntary case;

       

      (b) appoints a
custodian of the Company or any of its Significant Subsidiaries or for all or
substantially all of the property of the Company or any of its Significant
Subsidiaries; or

       

      (c) orders the
liquidation of the Company or any of its Significant
Subsidiaries;

       

      and the
order or decree remains unstayed and in effect for 60 consecutive
days;

       

      (9) any Note
Guarantee of any Guarantor that, taken together with all other such Guarantors,
would be a Significant Subsidiary ceases to be in full force and effect (other
than in accordance with the terms of this Indenture and such Note Guarantee) or
is declared null and void and unenforceable or found to be invalid or any
Guarantor denies its liability under its Note Guarantee with respect to the
Notes (other than, in each case, by reason of the Effectiveness Condition not
being satisfied or by reason of release of a Guarantor from its Note Guarantee
in accordance with the terms of this Indenture and such Note Guarantee);
and

       

      (10) so long as
the Security Documents securing the Notes have not otherwise been terminated in
accordance with their terms or the Collateral as a whole has not otherwise been
released from the Lien of the Security Documents securing the Notes in
accordance with the terms thereof, (a) any default by the Company or any
Subsidiary in the performance of its obligations under the Security Documents
(after the lapse of any applicable grace periods) or this Indenture which
adversely affects the enforceability, validity, perfection or priority of the
Trustee’s Lien on the Collateral or which adversely affects the condition or
value of the Collateral, taken as a whole, in any material respect, (b)
repudiation or disaffirmation by the Company or any Subsidiary of its respective
obligations under the Security Documents securing the Notes and (c) the
determination in a judicial proceeding that the Security Documents securing the
Notes are unenforceable or invalid against the Company or any Subsidiary for any
reason.

       

      Section
6.02 Acceleration.

       

      In the
case of an Event of Default arising from clause (7) or (8) of
Section 6.01 with respect to the Company, all of the outstanding Notes
shall become due and payable immediately without further action or
notice.  If any other Event of Default occurs and is continuing, the
Trustee by notice to the Issuers or the Holders of at least 25% in aggregate
principal amount of the Notes by notice to the Issuers and the Trustee may
declare the Notes to be due and payable immediately.  The Holders of a
majority in aggregate principal amount of the Notes then outstanding by written
notice to the Trustee may on behalf of all of the Holders rescind an
acceleration and its consequences (except nonpayment of principal, interest or
premium that has become due solely because of the acceleration) if the
rescission would not conflict with any judgment or decree and if all existing
Events of Default have been cured or waived.

       

      Section
6.03 Other
Remedies.

       

       

      
        
          
          

        

        
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      If an
Event of Default occurs and is continuing, the Trustee may pursue any available
remedy to collect the payment of principal, premium, if any, and interest on the
Notes or to enforce the performance of any provision of the Notes or this
Indenture.

       

      The
Trustee may maintain a proceeding even if it does not possess any of the Notes
or does not produce any of them in the proceeding.  A delay or
omission by the Trustee or any Holder in exercising any right or remedy accruing
upon a Default or an Event of Default shall not impair the right or remedy or
constitute a waiver of or acquiescence in a Default or the Event of
Default.  All remedies are cumulative to the extent permitted by
law.

       

      Section
6.04 Waiver
of Existing Defaults.

       

      Holders
of not less than a majority in aggregate principal amount of the Notes by notice
to the Trustee may on behalf of the Holders of all of the Notes waive an
existing Default or Event of Default with respect to the Notes and its
consequences hereunder, except a continuing Default or Event of Default in the
payment of the principal of, premium, if any, or interest on, the Notes
(including in connection with an offer to purchase); provided, however, that the
Holders of a majority in aggregate principal amount of the then outstanding
Notes may rescind an acceleration and its consequences, including any related
payment default that resulted from such acceleration.  Upon any such
waiver, such Default shall cease to exist, and any Event of Default arising
therefrom shall be deemed to have been cured for every purpose of this
Indenture; but no such waiver shall extend to any subsequent or other Default or
impair any right consequent thereon.

       

      Section
6.05 Control
by Majority.

       

      Holders
of a majority in aggregate principal amount of the Notes then outstanding may
direct the time, method and place of conducting any proceeding for exercising
any remedy available to the Trustee or exercising any trust or power conferred
on it.  However, the Trustee may refuse to follow any direction that
conflicts with law or this Indenture, that the Trustee determines may be
prejudicial to the rights of other Holders or that may involve the Trustee in
personal liability.  The Trustee may take any other action which it
deems proper that is not inconsistent with any such directive.

       

      Section
6.06 Limitation
on Suits.

       

      
         

         

        A Holder
may pursue a remedy with respect to this Indenture or the Notes only
if:

         

        (a) the
Holder gives to the Trustee written notice of a continuing Event of
Default;

         

        (b) the
Holders of at least 25% in principal amount of the Notes then outstanding make a
written request to the Trustee to pursue the remedy;

         

        (c) such
Holder or Holders offer and, if requested, provide to the Trustee indemnity
satisfactory to the Trustee against any loss, liability or expense;

         

        (d) the
Trustee does not comply with the request within 60 days after receipt of the
request and the offer and, if requested, the provision of indemnity;
and

         

        (e) during
such 60-day period the Holders of a majority in aggregate principal amount of
the Notes then outstanding do not give the Trustee a direction inconsistent with
the request.

      

       

       

      
        
          
          

        

        
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      A Holder
may not use this Indenture to prejudice the rights of another Holder or to
obtain a preference or priority over another Holder.

       

      Section
6.07 Rights
of Holders to Receive Payment.

       

      Notwithstanding
any other provision of this Indenture, the right of any Holder to receive
payment of principal, premium, if any, and interest on the Note, on or after the
respective due dates expressed in the Note (including in connection with an
offer to purchase), or to bring suit for the enforcement of any such payment on
or after such respective dates, shall not be impaired or affected without the
consent of such Holder.

       

      Section
6.08 Collection
Suit by Trustee.

       

      If an
Event of Default specified in Section 6.01(1) or (2) occurs and is
continuing, the Trustee is authorized to recover judgment in its own name and as
trustee of an express trust against the Issuers for the whole amount of
principal of, premium, if any, and interest remaining unpaid on the Notes and
interest on overdue principal and, to the extent lawful, interest and such
further amount as shall be sufficient to cover the costs and expenses of
collection, including the reasonable compensation, expenses, disbursements and
advances of the Trustee, its agents and counsel.

       

      Section
6.09 Trustee
May File Proofs of Claim.

       

      The
Trustee is authorized to file such proofs of claim and other papers or documents
as may be necessary or advisable in order to have the claims of the Trustee
(including any claim for the reasonable compensation, expenses, disbursements
and advances of the Trustee, its agents and counsel) and the Holders allowed in
any judicial proceedings relative to the Issuers (or any other obligor upon the
Notes), their creditors or their property and shall be entitled and empowered to
collect, receive and distribute any money or other property payable or
deliverable on any such claims and any custodian in any such judicial proceeding
is hereby authorized by each Holder to make such payments to the Trustee, and in
the event that the Trustee shall consent to the making of such payments directly
to the Holders, to pay to the Trustee any amount due to it for ­the
reasonable compensation, expenses, disbursements and advances of the Trustee,
its agents and counsel, and any other amounts due the Trustee under
Section 7.07.  To the extent that the payment of any such
compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel, and any other amounts due the Trustee under Section 7.07 out
of the estate in any such proceeding, shall be denied for any reason, payment of
the same shall be secured by a Lien on, and shall be paid out of, any and all
distributions, dividends, money, securities and other properties that the
Holders may be entitled to receive in such proceeding whether in liquidation or
under any plan of reorganization or arrangement or otherwise.  Nothing
herein contained shall be deemed to authorize the Trustee to authorize or
consent to or accept or adopt on behalf of any Holder any plan of
reorganization, arrangement, adjustment or composition affecting the Notes or
the rights of any Holder, or to authorize the Trustee to vote in respect of the
claim of any Holder in any such proceeding.

       

      Section
6.10 Priorities.

       

      If the
Trustee collects any money pursuant to this Article, it shall pay out the money
in the following order:

       

      First:  to
the Trustee, its agents and attorneys for amounts due under Section 7.07,
including payment of all compensation, expense and liabilities incurred, and all
advances made, by the Trustee and the costs and expenses of
collection;

       

       

      
        
          
          

        

        
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      Second:  to
Holders for amounts due and unpaid on the Notes for principal, premium, if any,
and interest, ratably, without preference or priority of any kind, according to
the amounts due and payable on the Notes for principal, premium, if any and
interest, respectively; and

       

      Third:  to
the Issuers or to such party as a court of competent jurisdiction shall
direct.

       

      The
Trustee may fix a record date and payment date for any payment to Holders
pursuant to this Section 6.10.

       

       

      Section
6.11 Undertaking
for Costs.

       

      In any
suit for the enforcement of any right or remedy under this Indenture or in any
suit against the Trustee for any action taken or omitted by it as a Trustee, a
court in its discretion may require the filing by any party litigant in the suit
of an undertaking to pay the costs of the suit, and the court in its discretion
may assess reasonable costs, including reasonable attorneys’ fees and expenses,
against any party litigant in the suit, having due regard to the merits and good
faith of the claims or defenses made by the party litigant.  This
Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder
pursuant to Section 6.07, or a suit by Holders of more than 10% in
principal amount of the then outstanding Notes.

       

       

      ARTICLE
7

       

      TRUSTEE

       

      Section
7.01 Duties
of Trustee.

       

      (1) If an Event
of Default has occurred and is continuing, the Trustee shall, subject to the
terms and conditions of this Indenture, exercise such of the rights and powers
vested in it by this Indenture and the Security Documents and use the same
degree of care and skill in its exercise, as a prudent person would exercise or
use under the circumstances in the conduct of such person’s own
affairs.

       

      (2) Except
during the continuance of an Event of Default:

       

      (a) the duties
of the Trustee shall be determined solely by the express provisions of the
agreements referred to in clause (1) and the Trustee need perform only those
duties that are specifically set forth in such agreements and no others, and no
implied covenants or obligations shall be read into such agreements against the
Trustee; and

       

      (b) in the
absence of bad faith on its part, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein,
upon certificates or opinions required to be furnished to the Trustee hereunder
and conforming to the requirements of such agreements.  However, the
Trustee shall examine the certificates and opinions to determine whether or not
they conform to the requirements of such agreements (but need not confirm or
investigate the accuracy of any mathematical calculations or other facts stated
therein).

       

      (3) The Trustee
may not be relieved from liabilities for its own gross negligent action, its own
gross negligent failure to act, or its own willful misconduct, except
that:

       

      (a) This
paragraph does not limit the effect of paragraph (2) of this Section
7.01.

       

       

      
        
          
          

        

        
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      (b) The Trustee
shall not be liable for any error of judgment made in good faith by a
Responsible Officer, unless it is proved that the Trustee was grossly negligent
in ascertaining the pertinent facts.

       

      (c) The Trustee
shall not be liable with respect to any action it takes or omits to take in good
faith in accordance with a direction received by it pursuant to
Section 6.05.

       

      (d) Whether or
not therein expressly so provided, every provision of the agreements referred to
in clause (1) that in any way relates to the Trustee is subject to
paragraphs (1), (2), and (3) of this
Section 7.01.

       

      (e) No provision
of any such agreements shall require the Trustee to expend or risk its own funds
or incur any liability.  The Trustee shall be under no obligation to
exercise any of its rights and powers under this Indenture or the Security
Documents at the request of any Holder, unless such Holder shall have offered to
the Trustee security and indemnity satisfactory to it against any loss,
liability, claim, damage or expense.

       

      (f) The Trustee
shall not be liable for interest on any money received by it except as the
Trustee may agree in writing with the Issuers.  Money held in trust by
the Trustee need not be segregated from other funds except to the extent
required by law.

       

      (g) The Trustee
shall not be bound to make any investigation into the facts or matters stated in
any resolution, certificate, statement, instrument, opinion, report, notice,
request, direction, consent, order, bond, debenture or other paper or
documents.

       

      Section
7.02 Rights
of Trustee.

       

      (1) The Trustee
may conclusively rely upon any document (including any statement made therein,
whether in its original or facsimile form) believed by it to be genuine and to
have been signed or presented by the proper Person.  The Trustee need
not investigate any fact or matter stated in the
document.

       

      (2) Before the
Trustee acts or refrains from acting, it may require an Officers’ Certificate or
an Opinion of Counsel or both.  The Trustee shall not be liable for
any action it takes or omits to take in good faith in reliance on such Officers’
Certificate or Opinion of Counsel.  The Trustee may consult with
counsel of its own selection and the written advice or opinion of such counsel
or any Opinion of Counsel shall be full and complete authorization and
protection from liability in respect of any action taken, suffered or omitted by
it hereunder in good faith and in reliance thereon.

       

      (3) The Trustee
may act through its attorneys and agents and shall not be responsible for the
misconduct or negligence of any agent appointed with due
care.

       

      (4) The Trustee
shall not be liable for any action it takes or omits to take in good faith that
it believes to be authorized or within the rights or powers conferred upon it by
this Indenture or the Security Documents.

       

      (5) Unless
otherwise specifically provided in this Indenture or the Security Documents, any
demand, request, direction or notice from either of the Issuers shall be
sufficient if signed by an Officer of such Issuer.

       

       

      
        
          
          

        

        
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      (6) The Trustee shall be under no obligation to
exercise any of the rights or powers vested in it by this Indenture or the
Security Documents at the request or direction of any of the Holders unless such
Holders shall have offered to the Trustee reasonable security or
indemnity satisfactory to it against the costs, expenses and liabilities that
might be incurred by it in compliance with such request or
direction.

       

      (7) The Trustee
shall not be charged with knowledge of any Default or Event of Default unless
either (a) a Responsible Officer of the Trustee shall have actual knowledge
of such Default or Event of Default or (b) written notice of such Default
or Event of Default shall have been given to and received by a Responsible
Officer of the Trustee by the Issuers or any Holder.

       

      Section
7.03 Individual
Rights of Trustee.

       

      The
Trustee in its individual or any other capacity may become the owner or pledgee
of Notes and may otherwise deal with the Issuers or any Affiliate of the Issuers
with the same rights it would have if it were not Trustee.  However,
in the event that the Trustee acquires any conflicting interest it must
eliminate such conflict within 90 days, apply to the SEC for permission to
continue as trustee or resign.  Any Agent may do the same with like
rights and duties.  The Trustee is also subject to Sections 7.10 and
7.11.

       

      Section
7.04 Trustee’s
Disclaimer.

       

      The
Trustee shall not be responsible for and makes no representation as to the
validity or adequacy of this Indenture or the Notes, it shall not be accountable
for the Issuers’ use of the proceeds from the Notes or any money paid to the
Issuers or upon the Issuers’ direction under any provision of this Indenture, it
shall not be responsible for the use or application of any money received by any
Paying Agent other than the Trustee, and it shall not be responsible for any
statement or recital herein or any statement in the Notes or any other document
in connection with the sale of the Notes or pursuant to this Indenture other
than its certificate of authentication.

       

      Section
7.05 Notice
of Defaults.

       

      If a
Default or Event of Default occurs and is continuing and if it is known to a
Responsible Officer of the Trustee, the Trustee shall mail to Holders a notice
of the Default or Event of Default within 90 days after the Trustee acquires
knowledge thereof.  Except in the case of a Default or Event of
Default in payment of principal of, premium, if any, or interest on any Note,
the Trustee may withhold the notice if and so long as the Trustee’s board of
directors or a committee of the Trustee’s Responsible Officers in good faith
determines that withholding the notice is in the interests of the
Holders.

       

      Section
7.06 Reports
by Trustee to Holders.

       

      By May
15th of each year, and for so long as Notes remain outstanding, the Trustee
shall mail to the Holders a brief report dated as of such reporting date that
complies with TIA § 313(a) (but if no event described in TIA § 313(a) has
occurred within the twelve months preceding the reporting date, no report need
be transmitted).  The Trustee also shall comply with TIA §
313(b)(2).  The Trustee shall also transmit by mail all reports as
required by TIA § 313(c).

       

      A copy of
each report at the time of its mailing to the Holders shall be mailed to the
Company and filed with the SEC and each stock exchange on which the Notes are
listed in accordance with TIA § 313(d).  The Issuers shall
promptly notify the Trustee when the Notes are listed on any stock
exchange.

       

       

      
        
          
          

        

        
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      Section
7.07 Compensation
and Indemnity.

       

      The
Issuers shall pay to the Trustee from time to time reasonable compensation for
its acceptance of this Indenture, the Security Documents and any other document
delivered in connection with any of such agreements and its services under any
of such agreements or other documents.  The Trustee’s compensation
shall not be limited by any law on compensation of a trustee of an express
trust.  The Issuers shall reimburse the Trustee promptly upon request
for all reasonable disbursements, advances and expenses incurred or made by it
in addition to the compensation for its services.  Such expenses shall
include the reasonable compensation, disbursements and expenses of the Trustee’s
agents and counsel.

       

      The
Issuers shall, jointly and severally, indemnify the Trustee against any and all
losses, liabilities, claims, damages or expenses (including reasonable legal
fees and expenses) incurred by the Trustee arising out of or in connection with
the acceptance or administration of its duties under (or in connection with)
this Indenture, including the costs and expenses of enforcing this Indenture,
the Security Documents and any other document delivered in connection therewith
(including this Section 7.07) and defending itself against any claim (whether
asserted by the Issuers or any Holder or any other Person) or liability in
connection with the exercise or performance of any of its powers or duties
hereunder, except to the extent any such loss, liability or expense may be
attributable to its gross negligence or willful misconduct.  The
Trustee shall notify the Issuers promptly of any claim for which it may seek
indemnity.  Failure by the Trustee to so notify the Issuers shall not
relieve the Issuers of their obligations hereunder.  The Issuers shall
defend the claim and the Trustee shall cooperate in the defense.  The
Trustee may have separate counsel and the Issuers shall pay the reasonable fees
and expenses of such counsel.  The Issuers need not pay for any
settlement made without their consent, which consent shall not be unreasonably
withheld.

       

      The
obligations of the Issuers under this Section 7.07 shall survive resignation or
removal of the Trustee and the satisfaction and discharge of this
Indenture.

       

      To secure
the Issuers’ payment obligations in this Section, the Trustee shall have a Lien
prior to the Notes on all money or property held or collected by the Trustee,
except that held in trust to pay principal and interest on particular
Notes.  Such Lien shall survive the resignation or removal of the
Trustee and the satisfaction and discharge of this Indenture.

       

      When the
Trustee incurs expenses or renders services after an Event of Default specified
in Section 6.01(7) or (8) occurs, the expenses and the compensation for the
services (including the fees and expenses of its agents and counsel) are
intended to constitute expenses of administration under any Bankruptcy
Law.

       

      The
Trustee shall comply with the provisions of TIA § 313(b)(2) to the extent
applicable.

       

      Section
7.08 Replacement
of Trustee.

       

      A
resignation or removal of the Trustee and appointment of a successor Trustee
shall become effective only upon the successor Trustee’s acceptance of
appointment as provided in this Section.

       

      The
Trustee may resign in writing at any time and be discharged from the trust
hereby created by so notifying the Issuers.  The Holders of a majority
in principal amount  of the then outstanding Notes may remove the
Trustee by so notifying the Trustee and the Issuers in writing.  The
Issuers may remove the Trustee if:

       

      (a) the Trustee
fails to comply with Section 7.10;

       

       

      
        
          
          

        

        
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      (b) the Trustee
is adjudged a bankrupt or an insolvent or an order for relief is entered with
respect to the Trustee under any Bankruptcy Law;

       

      (c) a custodian
or public officer takes charge of the Trustee or its property;
or

       

      (d) the Trustee
becomes incapable of acting.

       

      If the
Trustee resigns or is removed or if a vacancy exists in the office of Trustee
for any reason, the Issuers shall promptly appoint a successor
Trustee.  Within one year after the successor Trustee takes office,
the Holders of a majority in principal amount of the then outstanding Notes may
appoint a successor Trustee to replace the successor Trustee appointed by the
Issuers.

       

      If a
successor Trustee does not take office within 60 days after the retiring Trustee
resigns or is removed, the retiring Trustee, the Issuers, or the Holders of at
least 10% in principal amount of the then outstanding Notes may petition at the
expense of the Issuers any court of competent jurisdiction for the appointment
of a successor Trustee.

       

      If the
Trustee, after written request by any Holder who has been a Holder for at least
six months, fails to comply with Section 7.10, such Holder may petition any
court of competent jurisdiction for the removal of the Trustee and the
appointment of a successor Trustee.

       

      A
successor Trustee shall deliver a written acceptance of its appointment to the
retiring Trustee and to the Issuers.  Thereupon, the resignation or
removal of the retiring Trustee shall become effective, and the successor
Trustee shall have all the rights, powers and duties of the Trustee under this
Indenture.  The successor Trustee shall mail a notice of its
succession to Holders.  The retiring Trustee shall promptly transfer
all property held by it as Trustee to the successor Trustee; provided all sums
owing to the Trustee hereunder have been paid and subject to the Lien provided
for in Section 7.07.  Notwithstanding replacement of the Trustee
pursuant to this Section 7.08, the Issuers’ obligations under Section 7.07 shall
continue for the benefit of the retiring Trustee.

       

      Section
7.09 Successor
Trustee by Merger, etc.

      If the
Trustee consolidates, merges or converts into, or transfers all or substantially
all of its corporate trust business to, another corporation, the successor
corporation without any further act shall be the successor Trustee.

       

       

      Section
7.10 Eligibility;
Disqualification.

       

      There
shall at all times be a Trustee hereunder that is a corporation organized and
doing business under the laws of the United States of America or of any state
thereof that is authorized under such laws to exercise corporate trustee power,
that is subject to supervision or examination by federal or state authorities
and that has a combined capital and surplus of at least $100 million as set
forth in its most recent published annual report of condition.

       

      This
Indenture shall always have a Trustee who satisfies the requirements of TIA
§§ 310(a)(1), (2) and (5).  The Trustee is subject to TIA
§ 310(b).

       

      Section
7.11 Preferential
Collection of Claims Against the Issuers.

       

       

      
        
          
          

        

        
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      The
Trustee is subject to TIA § 311(a), excluding any creditor relationship listed
in TIA § 311(b).  A Trustee who has resigned or been removed
shall be subject to TIA § 311(a) to the extent indicated
therein.

       

      Section
7.12 Authorization
of the Trustee.

       

      Each
present and future Holder by its acceptance of the Notes (a) authorizes the
Trustee, on such Holder’s behalf, to execute and deliver the Intercreditor
Agreement, and (b) agrees that, subject to the penultimate sentence of this
Section 7.12, notwithstanding any other provision to the contrary in this
Indenture, (i) the Trustee shall be authorized to take (or refrain from taking)
any and all actions required, authorized or contemplated by the Intercreditor
Agreement and (ii) the rights, agreements, obligations, covenants and duties of
the Trustee to or otherwise on behalf of the Holders under this Indenture and
the Security Documents shall be subject to the rights, agreements, obligations,
covenants and duties of the Trustee under the Intercreditor Agreement to or
otherwise on behalf of the Pari Passu First Priority Secured Parties and the
other Pari Passu Second Priority Secured Parties.  The Trustee agrees
with the Holders that the Trustee will not enter into any amendment or
supplement to the Intercreditor Agreement (except to provide for the inclusion
therein of Additional Pari Passu First Priority Indebtedness or Additional Pari
Passu Second Priority Indebtedness to the extent contemplated by Section 10.3 of
the Intercreditor Agreement) without in each case obtaining the prior consent of
the Holders of at least a majority in aggregate principal amount of the then
outstanding Notes (but without the necessity of any consent from, or notice to,
the Company or any of its Affiliates).  Each present and future Holder
in such capacity also by its acceptance of the Notes acknowledges and agrees
that, although the Issuers and their Affiliates may not be parties thereto or
bound thereby, such Holder will nonetheless be bound by the Intercreditor
Agreement and the Intercreditor Agreement will be directly enforceable against
such Holder in its capacity as such.  None of the Issuers or any of
their Affiliates will be a party to, bound by, or a beneficiary of, any of the
provisions of the Intercreditor Agreement, nor will the parties to such
Intercreditor Agreement have any contractual right of enforcement thereunder
against the Issuers or any Guarantor.  In addition, the Trustee may
enter into other agreements on behalf of Holders to the extent that such
agreements would be permitted as amendments or supplements under Article 9 of
this Indenture.

       

      ARTICLE
8

       

      LEGAL
DEFEASANCE AND COVENANT DEFEASANCE

       

      Section
8.01 Option
to Effect Legal Defeasance or Covenant Defeasance.

       

      The
Issuers may, at the option of their respective boards of directors or the Board
of Directors of CCI evidenced by a resolution set forth in an Officers’
Certificate of each of the Issuers, at any time, elect to have either Section
8.02 or 8.03 applied to the outstanding Notes and the obligations of the
Guarantors under the Note Guarantees with respect thereto upon compliance with
the conditions set forth below in this Article 8.

       

      Section
8.02 Legal
Defeasance and Discharge.

       

      Upon the
Issuers’ exercise under Section 8.01 of the option applicable to this Section
8.02, the Issuers and the Guarantors shall, subject to the satisfaction of the
conditions set forth in Section 8.04, be deemed to have been discharged from
their obligations with respect to the outstanding Notes and the Note Guarantees
with respect thereto on the date the conditions set forth below are satisfied
(hereinafter, “Legal
Defeasance”).  For this purpose, Legal Defeasance means that
the Issuers and the Guarantors shall be deemed to have paid and discharged the
entire Indebtedness represented by the outstanding Notes and the Note Guarantees
with respect thereto, which shall thereafter be deemed to be “outstanding” only

       

       

      
        
          
          

        

        
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        for the
purposes of Section 8.05 and the other Sections of this Indenture referred to in
(a) and (b) below, and to have satisfied all their other obligations under such
Notes, such Note Guarantees with respect thereto and this Indenture (and the
Trustee, on demand of and at the expense of the Issuers, shall execute proper
instruments acknowledging the same), except for the following provisions which
shall survive until otherwise terminated or discharged
hereunder:

      

       

      (a) the rights
of Holders of the Notes to receive payments in respect of the principal of,
premium, if any, and interest on the Notes when such payments are due from the
trust referred to below;

       

      (b) the Issuers’
obligations with respect to the Notes concerning issuing temporary Notes,
registration of Notes, mutilated, destroyed, lost or stolen Notes and the
maintenance of an office or agency for payment and money for security payments
held in trust;

       

      (c) the rights,
powers, trusts, duties and immunities of the Trustee and the Issuers’
obligations in connection therewith; and

       

      (d) the Legal
Defeasance provisions of this Indenture.

       

          Subject to
compliance with this Article 8, the Issuers may exercise their option under this
Section 8.02 notwithstanding the prior exercise of their option under Section
8.03.

       

       

      Section
8.03 Covenant
Defeasance.

       

      Upon the
Issuers’ exercise under Section 8.01 of the option applicable to this Section
8.03, the Issuers and the Guarantors shall, subject to the satisfaction of the
conditions set forth in Section 8.04, be released from their obligations under
the covenants contained in Article 5 and Sections 4.03, 4.07, 4.08, 4.09, 4.10,
4.11, 4.12, 4.13, 4.14, 4.16, 4.17, 4.19 and 10.01 with respect to the Notes on
and after the date the conditions set forth in Section 8.04 are satisfied
(hereinafter, “Covenant
Defeasance”), and the Notes shall thereafter be deemed not “outstanding”
for the purposes of any direction, waiver, consent or declaration or act of
Holders (and the consequences of any thereof) in connection with such covenants,
but shall continue to be deemed “outstanding” for all other purposes hereunder
(it being understood that the Notes shall not be deemed outstanding for
accounting purposes).  For this purpose, Covenant Defeasance means
that, with respect to the outstanding Notes, the Issuers may omit to comply with
and shall have no liability in respect of any term, condition or limitation set
forth in any such covenant, whether directly or indirectly, by reason of any
reference elsewhere herein to any such covenant or by reason of any reference in
any such covenant to any other provision herein or in any other document and
such omission to comply shall not constitute a Default or an Event of Default
under Section 6.01, but, except as specified above, the remainder of this
Indenture and such Notes shall be unaffected thereby.  In addition,
upon the Issuers’ exercise under Section 8.01 of the option applicable to this
Section 8.03, subject to the satisfaction of the conditions set forth in Section
8.04, Sections 6.01(3) through 6.01(6) shall not constitute Events of
Default.

       

      Section
8.04 Conditions
to Legal or Covenant Defeasance.

       

      The
following shall be the conditions to the application of either Section 8.02 or
8.03 to the outstanding Notes:

       

      In order
to exercise either Legal Defeasance or Covenant Defeasance:

       

       

      
        
          
          

        

        
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      (1) the Issuers
must irrevocably deposit with the Trustee, in trust, for the benefit of the
Holders, cash in U.S. dollars, non-callable Government Securities or a
combination thereof, in such amounts as will be sufficient, in the opinion of a
nationally recognized firm of independent public accountants, to pay the
principal of, premium, if any, and interest on the outstanding Notes on the
stated maturity or on the applicable redemption date, as the case may be, and
the Issuers must specify whether the Notes are being defeased to maturity or to
a particular redemption date;

       

      (2) in the case
of Legal Defeasance, the Issuers shall have delivered to the Trustee an opinion
of reputable counsel of national standing confirming
that

       

      (a) the Issuers
have received from, or there has been published by, the Internal Revenue Service
a ruling or

       

      (b) since the
Issue Date, there has been a change in the applicable federal income tax
law,

       

      in either
case to the effect that, and based thereon such opinion of reputable counsel of
national standing shall confirm that, the Holders will not recognize income,
gain or loss for federal income tax purposes as a result of such Legal
Defeasance and will be subject to federal income tax on the same amounts, in the
same manner and at the same times as would have been the case if such Legal
Defeasance had not occurred;

       

      (3) in the case
of Covenant Defeasance, the Issuers shall have delivered to the Trustee an
opinion of reputable counsel of national standing confirming that the Holders
will not recognize income, gain or loss for federal income tax purposes as a
result of such Covenant Defeasance and will be subject to federal income tax on
the same amounts, in the same manner and at the same times as would have been
the case if such Covenant Defeasance had not
occurred;

       

      (4) no Default
or Event of Default shall have occurred and be continuing
either:

       

      (a) on the date
of such deposit (other than a Default or Event of Default resulting from the
borrowing of funds to be applied to such deposit and the grant of any Lien
securing such borrowing); or

       

      (b) insofar as
Events of Default from bankruptcy or insolvency events are concerned, at any
time in the period ending on the 91st day after the date of
deposit;

       

      (5) such Legal
Defeasance or Covenant Defeasance will not result in a breach or violation of,
or constitute a default under, any material agreement or instrument (other than
this Indenture) to which the Company or any of its Restricted Subsidiaries is a
party or by which the Company or any of its Restricted Subsidiaries is
bound;

       

      (6) the Issuers
must have delivered to the Trustee an opinion of reputable counsel of national
standing to the effect that after the 91st day, assuming no intervening
bankruptcy, that no Holder is an insider of either of the Issuers following the
deposit and that such deposit would not be deemed by a court of competent
jurisdiction a transfer for the benefit of either Issuer in its capacity as
such, the trust funds will not be subject to the effect of any applicable
bankruptcy, insolvency, reorganization or similar laws affecting creditors’
rights generally;

       

      (7) the Issuers
must deliver to the Trustee an Officers’ Certificate stating that the deposit
was not made by the Issuers with the intent of preferring the Holders over the
other creditors 

       

       

      
        
          
          

        

        
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                of
the Issuers with the intent of defeating, hindering, delaying or defrauding
creditors of the Issuers or others; and

      

       

      (8) the Issuers
must deliver to the Trustee an Officers’ Certificate and an opinion of reputable
counsel of national standing, each stating that all conditions precedent
relating to the Legal Defeasance or the Covenant Defeasance have been complied
with.

       

      Notwithstanding
the foregoing, the opinion of reputable counsel of national standing required by
clause (2) above with respect to a Legal Defeasance need not be delivered and
the conditions set forth in clauses (4)(b) and (6) shall not apply if all
applicable Notes not theretofore delivered to the Trustee for
cancellation

       

      (a) have become
due and payable; or

       

      (b) will become
due and payable on the maturity date within one year, under arrangements
satisfactory to the Trustee for the giving of notice of redemption by the
Trustee in the name, and at the expense, of the
Issuers.

       

      Section 8.05 Deposited
Money and Government Securities to Be Held in Trust; Other Miscellaneous
Provisions.

       

      Subject
to Section 8.06, all money and non-callable Government Securities (including the
proceeds thereof) deposited with the Trustee (or other qualifying trustee,
collectively for purposes of this Section 8.05, the “Trustee”) pursuant to Section
8.04 in respect of the outstanding Notes shall be held in trust and applied by
the Trustee, in accordance with the provisions of such Notes and this Indenture,
to the payment, either directly or through any Paying Agent (including the
Issuers acting as Paying Agent) as the Trustee may determine, to the Holders of
such Notes of all sums due and to become due thereon in respect of principal,
premium, if any, and interest, but such money need not be segregated from other
funds except to the extent required by law.

       

      The
Issuers shall pay and indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against the cash or non-callable Government Securities
deposited pursuant to Section 8.04 or the principal and interest received in
respect thereof other than any such tax, fee or other charge which by law is for
the account of the Holders of the outstanding Notes; it being understood that
the Trustee shall bear no responsibility for any such tax, fee or other charge
that is by law for the account of the Holders of the outstanding
Notes.

       

      Anything
in this Article 8 to the contrary notwithstanding, the Trustee shall deliver or
pay to the Issuers from time to time upon the request of the Issuers any money
or non-callable Government Securities held by it as provided in Section 8.04
which, in the opinion of a nationally recognized investment bank, appraisal firm
or firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee (which may be the opinion delivered under
Section 8.04), are in excess of the amount thereof that would then be required
to be deposited to effect an equivalent Legal Defeasance or Covenant
Defeasance.

       

      Section
8.06 Repayment
to Issuers.

       

      Any money
deposited with the Trustee or any Paying Agent, or then held by the Issuers, in
trust for the payment of the principal of, premium, if any, or interest on any
Note and remaining unclaimed for two years after such principal, and premium, if
any, or interest has become due and payable shall be paid to the Issuers on
their request or (if then held by the Issuers) shall be discharged from such

       

       

      
        
          
          

        

        
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        trust;
and the Holder of such Note shall thereafter look only to the Issuers for
payment thereof, and all liability of the Trustee or such Paying Agent with
respect to such trust money, and all liability of the Issuers as trustee
thereof, shall thereupon cease; provided, however, that the
Trustee or such Paying Agent, before being required to make any such repayment,
may at the expense of the Issuers cause to be published once, in The New York Times and The Wall Street Journal
(national edition), notice that such money remains unclaimed and that, after a
date specified therein, which shall not be less than 30 days from the date of
such notification or publication, any unclaimed balance of such money then
remaining shall be repaid to the Issuers.

      

       

      Section
8.07 Reinstatement.

       

      If the
Trustee or Paying Agent is unable to apply any United States dollars or
non-callable Government Securities in accordance with Section 8.02 or 8.03, as
the case may be, by reason of any order or judgment of any court or governmental
authority enjoining, restraining or otherwise prohibiting such application, then
the Issuers’ obligations under this Indenture and the Notes, shall be revived
and reinstated as though no deposit had occurred pursuant to Section 8.02 or
8.03 until such time as the Trustee or Paying Agent is permitted to apply all
such money in accordance with Section 8.02 or 8.03, as the case may be;
provided, however, that, if the Issuers make any payment of principal of,
premium, if any, or interest on any Note following the reinstatement of their
obligations, the Issuers shall be subrogated to the rights of the Holders of
such Notes to receive such payment from the money held by the Trustee or Paying
Agent.

       

       

      ARTICLE
9

       

      AMENDMENT,
SUPPLEMENT AND WAIVER

       

      Section
9.01 Without
Consent of Holders.

       

      Notwithstanding
Section 9.02, the Issuers, the Guarantors and the Trustee, together, may amend
or supplement this Indenture, the Notes, the Note Guarantees or the Security
Documents without the consent of any Holder:

       

      (1) to cure any
ambiguity, defect or inconsistency;

       

      (2) to provide
for uncertificated Notes in addition to or in place of certificated
Notes;

       

      (3) to provide
for or confirm the issuance of Additional Notes;

       

      (4) to provide
for the assumption of the Issuers’ or any Guarantors’ obligations to Holders in
the case of a merger or consolidation or sale of all or substantially all of the
assets of such Issuer or Guarantor pursuant to Article
5;

       

      (5) to make any
change that would provide any additional rights or benefits to the Holders or
that does not adversely affect the legal rights under this Indenture of any
Holder;

       

      (6) to, if
applicable, comply with requirements of the SEC in order to, if applicable,
effect or maintain the qualification of this Indenture under the TIA or
otherwise as necessary to comply with applicable law;

       

      (7) to release
Collateral or a Guarantor, as permitted under the terms of this Indenture or the
Security Documents;

       

       

      
        
          
          

        

        
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      (8) to add any
additional assets as Collateral; or

       

      (9) to add a
Guarantor.

       

      Upon the
request of the Issuers accompanied by a resolution of their respective boards of
directors or the Board of Directors of CCI authorizing the execution of any such
amended or supplemental Indenture, and upon receipt by the Trustee of the
documents described in Section 7.02, the Trustee shall join with the Issuers in
the execution of any amended or supplemental Indenture authorized or permitted
by the terms of this Indenture and to make any further appropriate agreements
and stipulations that may be therein contained, but the Trustee shall not be
obligated to enter into such amended or supplemental Indenture that affects its
own rights, duties or immunities under this Indenture, the Security Documents or
otherwise.

       

      Section
9.02 With
Consent of Holders.

       

      Except as
otherwise provided in this Section 9.02, this Indenture (including Sections 4.11
and 4.16), the Notes, the Note Guarantees or the Security Documents may be
amended or supplemented with the consent of the Holders of at least a majority
in aggregate principal amount of the Notes then outstanding (including consents
obtained in connection with a purchase of, or a tender offer or exchange offer
for, Notes) and, subject to Sections 6.04 and 6.07, any existing Default or
compliance with any provision of this Indenture, the Notes (other than any
provision relating to the right of any Holder to bring suit for the enforcement
of any payment of principal, premium, if any, and interest on the Note, on or
after the scheduled due dates expressed in the Notes), the Note Guarantees or
the Security Documents may be waived with the consent of the Holders of a
majority in aggregate principal amount of the Notes then
outstanding.  Section 2.08 shall determine which Notes are considered
to be “outstanding” for purposes of this Section 9.02.

       

      Upon the
request of the Issuers accompanied by a resolution of their respective boards of
directors or the Board of Directors of CCI authorizing the execution of any such
amended or supplemental Indenture, and upon the filing with the Trustee of
evidence satisfactory to the Trustee of the consent of the Holders as aforesaid,
and upon receipt by the Trustee of the documents described in Section 7.02, the
Trustee shall join with the Issuers in the execution of such amended or
supplemental Indenture unless such amended or supplemental Indenture directly
affects the Trustee’s own rights, duties or immunities under this Indenture, the
Security Documents or otherwise, in which case the Trustee may in its
discretion, but shall not be obligated to, enter into such amended or
supplemental Indenture.

       

      It shall
not be necessary for the consent of the Holders under this Section 9.02 to
approve the particular form of any proposed amendment or waiver, but it shall be
sufficient if such consent approves the substance thereof.

       

      After an
amendment, supplement or waiver under this Section 9.02 becomes effective, the
Issuers shall mail to the Holders affected thereby a notice briefly describing
the amendment, supplement or waiver.  Any failure of the Issuers to
mail such notice, or any defect therein, shall not, however, in any way impair
or affect the validity of any such amended or supplemental Indenture or
waiver.  Subject to Sections 6.04 and 6.07, the Holders of a majority
in aggregate principal amount of the Notes then outstanding may waive compliance
in a particular instance by the Issuers with any provision of this Indenture or
the Notes.  However, without the consent of each Holder affected, an
amendment, supplement or waiver under this Section 9.02 may not (with respect to
any Notes held by a non-consenting Holder):

       

      (1) reduce the
principal amount of Notes whose Holders must consent to an amendment, supplement
or waiver;

       

       

      
        
          
          

        

        
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      (2) reduce the
principal of or change the fixed maturity, or ranking, of any Note or alter the
scheduled payment provisions with respect to the redemption of the Notes, or
payment of principal or interest (other than provisions relating to Sections
4.11 and 4.16);

       

      (3) reduce the
rate of or extend the time for payment of interest on any
Note;

       

      (4) waive a
Default or Event of Default in the payment of principal of, or premium, if any,
or interest on the Notes (except a rescission of acceleration of the Notes by
the Holders of at least a majority in aggregate principal amount of the Notes
and a waiver of the payment default that resulted from such
acceleration);

       

      (5) make any
Note payable in money other than that stated in the
Notes;

       

      (6) make any
change in the provisions of this Indenture relating to waivers of past Defaults
or the rights of Holders to receive payments of principal of, or premium, if
any, or interest on the Notes;

       

      (7) waive a
redemption payment with respect to any Note (which shall not include a payment
required by Section 4.11 or 4.16);

       

      (8) make any
change in Section 9.01 or this Section 9.02; or

       

      (9) release any
Guarantor that is a Significant Subsidiary from any of its obligations under its
Note Guarantee otherwise than in accordance with the terms of this
Indenture.

       

      Notwithstanding
the foregoing provisions of this Section 9.02, in addition to the release
of Collateral expressly permitted by this Indenture and the Security Documents,
all or any portion of the Collateral may be released under this Indenture and
the Security Documents as to the Notes and any Guarantor may be released from
its obligations under its Note Guarantee, with the consent of the Holders of at
least 66 2/3% in aggregate principal amount of the Notes then
outstanding.

       

      Section
9.03 Compliance
with Trust Indenture Act.

       

      Every
amendment or supplement to this Indenture or the Notes shall be set forth in an
amended or supplemental Indenture that complies with the TIA as then in
effect.

       

      Section
9.04 Revocation
and Effect of Consents.

       

      Until an
amendment, supplement or waiver becomes effective, a consent to it by a Holder
is a continuing consent by the Holder and every subsequent Holder or portion of
a Note that evidences the same debt as the consenting Holder’s Note, even if
notation of the consent is not made on any Note.  However, any such
Holder or subsequent Holder may revoke the consent as to its Note if the Trustee
receives written notice of revocation before the date the waiver, supplement or
amendment becomes effective.  An amendment, supplement or waiver
becomes effective in accordance with its terms and thereafter binds every
Holder.

       

      Section
9.05 Notation
on or Exchange of Notes.

       

      The
Trustee may place an appropriate notation about an amendment, supplement or
waiver on any Note thereafter authenticated.  The Issuers in exchange
for all Notes may issue and the 

       

       

      
        
          
          

        

        
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        Trustee
shall, upon receipt of an Authentication Order, authenticate new Notes that
reflect the amendment, supplement or waiver.

      

       

      Failure
to make the appropriate notation or issue a new Note shall not affect the
validity and effect of such amendment, supplement or waiver.

       

      Section
9.06 Trustee
to Sign Amendments, etc.

       

      The
Trustee shall sign any amended or supplemental Indenture authorized pursuant to
this Article 9 if the amendment or supplement does not adversely affect the
rights, duties, liabilities or immunities of the Trustee under this Indenture,
the Security Documents or otherwise.  The Issuers may not sign an
amendment or supplemental Indenture until their respective Boards of Directors
approve it.  In executing any amended or supplemental indenture, the
Trustee shall be entitled to receive and (subject to Section 7.01) shall be
fully protected in relying upon, in addition to the documents required by
Section 12.04, an Officers’ Certificate and an Opinion of Counsel, in each case
from each of the Issuers, stating that the execution of such amended or
supplemental indenture is authorized or permitted by this
Indenture.

       

       

      ARTICLE
10

       

      COLLATERAL
AND SECURITY DOCUMENTS

       

      Section
10.01 Security
Documents.

       

      The
Company and each Guarantor will execute and comply with, and cause each of its
Subsidiaries to execute and comply with, the terms of each Security Document to
which such Person is, or is required to be, a party.  The Issuers
shall take, and shall cause their Restricted Subsidiaries to take, and the
Guarantors shall take, at their sole expense, upon request of the Trustee, any
and all actions reasonably required to cause the Security Documents to create
and maintain, as security for the obligations of the Issuers and the Guarantors
hereunder, a valid and enforceable perfected Lien in and on all the Collateral,
in favor of the Trustee on behalf of itself and the Holders and subject to no
Liens other than Liens permitted by Section 4.14.

       

      Section 10.02 Suits
to Protect the Collateral.

       

      The
Trustee shall have power to institute in its name and to maintain such suits and
proceedings as it may deem expedient to prevent any impairment of the Collateral
by any acts which may be unlawful or in violation of this Indenture or any of
the Security Documents, and such suits and proceedings as necessary to preserve
or protect its interests and the interests of the Holders in the Collateral,
including power to institute and maintain suits or proceedings to restrain the
enforcement of or compliance with any legislative or other governmental
enactment, rule or order that may be unconstitutional or otherwise invalid, if
the enforcement of, or compliance with, such enactment, rule or order would
impair the security hereunder or under any of the Security Documents, or be
prejudicial to the interests of the Holders or the Trustee.

       

      Section
10.03 Release
of Collateral.

       

      (a) The Trustee
shall not at any time release Collateral from the Liens created by this
Indenture and the Security Documents unless such release is in accordance with
the provisions of this Indenture and the Security
Documents.

       

       

      
        
          
          

        

        
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      (b) In the event
that (i) all of the Liens on any of the Collateral securing the CCO Credit
Facility and the Related Obligations are released for any reason, including in
connection with the repayment in full of all obligations under the CCO Credit
Facility and the Related Obligations, without the refinancing thereof on a
secured basis, and there is no Event of Default pursuant to clause (1) or
(2) of Section 6.01 hereof then existing (or that would result therefrom),
(ii) any Collateral is released in accordance with the provisions of Section
9.02, (iii) any Collateral is sold or otherwise disposed of in compliance with
Section 4.11 hereof, or (iv) with respect to assets of any Restricted Subsidiary
that is a Guarantor constituting Collateral, upon release of the Note Guarantee
of such Guarantor pursuant to Section 11.04(b)(ii), (iii) or (iv), the Liens on
such Collateral securing the Notes will be automatically released and
terminated.  In addition, in the event of the Legal Defeasance or
Covenant Defeasance or discharge of the Notes pursuant to Article 13, the Liens
on all Collateral securing the Notes (except for any Liens required by Article
8) will be automatically released and terminated.

       

      (c) To evidence
any such release and termination, the Company shall be entitled to such
releases, terminations and other documents and instruments as the Company or any
third party entitled to rely thereon may request, and the Trustee shall, at the
Company’s expense, execute and deliver such requested releases, terminations and
other documents and instruments, with respect to items of Collateral subject to
release pursuant to clauses (a) and (b) above (the “Released
Collateral”) upon
compliance with the conditions precedent that the Company shall have delivered
to the Trustee the following:

       

      (2) a notice
from the Company requesting release of Released Collateral (a “Company
Notice”) and
specifically describing the proposed Released
Collateral;

       

             
(3) an Officers’
Certificate certifying that

       

      (A) the release
of such Released Collateral complies with the terms and conditions of this
Indenture,

       

      (B) all
conditions precedent in this Indenture and the Security Documents to such
release have been complied with, and

       

      (C) no Default
or Event of Default pursuant to clause (1) or (2) of Section 6.01
hereof is in effect or continuing on the date thereof or would result therefrom
(including, without limitation, as a result of an Insolvency Proceeding),
and

       

      (4) an Opinion
of Counsel substantially to the effect that all conditions precedent herein and
under any of the Security Documents relating to the release of such Collateral
have been complied with.

       

      Notwithstanding
anything to the contrary in this Indenture and the Security Documents, including
this Section 10.03(c), (i) the release of any Collateral that is sold or
otherwise disposed of in compliance with Section 4.11 in a transaction that does
not constitute an Asset Sale and (ii) the exclusion of any assets from the
Collateral pursuant to the second paragraph of Section 3.1 of the Collateral
Agreement  shall be automatic and shall not be subject to the
conditions precedent set forth in this Section and the Trustee shall execute and
deliver to the Company the documents and instruments contemplated by the
immediately preceding sentence upon delivery to it of the Officers’ Certificate
specifically describing the Released Collateral as contemplated by clause (2) of
such sentence.

       

      (d)           The release
of any Collateral from the Liens of the Security Documents or the release, in
whole or in part, of the Liens created by the Security Documents shall not be
deemed to impair 

       

      
        
          
          

        

        
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      the security
under this Indenture in contravention of the provisions hereof if and to the
extent the Collateral is released pursuant to this Indenture or the applicable
Security Documents.

       

      Section
10.04 Sufficiency
of Release.

       

      All
purchasers and grantees of any property or rights purporting to be released
shall be entitled to rely upon any release executed by the Trustee hereunder as
sufficient for the purpose of this Indenture and as constituting a good and
valid release of the property therein described from the Lien of this Indenture
and of the Security Documents.

       

      Section
10.05 Actions
by the Trustee.

       

      Subject
to the provisions of the Security Documents, the Intercreditor Agreement and
this Indenture, the Trustee may in its sole discretion and without the consent
of the Holders take all actions that are deemed necessary or appropriate in
order to (i) enforce any of the terms of the Security Documents and
(ii) to collect and receive all amounts payable in respect of the
obligations of the Company and any Guarantors under the Security Documents and
this Indenture.  Subject to the terms of the Intercreditor Agreement,
the Trustee shall have the power to institute and maintain such suits and
proceedings as it may deem expedient in order to prevent any impairment of the
Collateral by any act that may be unlawful or in violation of this Indenture or
the Security Documents, and such suits and proceedings as the Trustee may deem
expedient to preserve or protect its interests and those of the Holders in the
Collateral.  No duty beyond that set forth in Section 7.01 is
imposed on the Trustee pursuant to this Section 10.05.

       

       

      ARTICLE
11

       

      GUARANTEE

       

      Section
11.01 Unconditional
Guarantee.

       

      Each
Guarantor hereby guarantees (subject to the Effectiveness Condition and the
limitations set forth in Section 11.03, but otherwise unconditionally), on a
senior basis jointly and severally, to each Holder of Notes authenticated and
delivered by the Trustee and to the Trustee and its successors and assigns,
that:  (i) the principal of and interest on the Notes will be
promptly paid in full when due, subject to any applicable grace period, whether
at maturity, by acceleration or otherwise, and interest on the overdue
principal, if any, and interest on any interest, to the extent lawful, of the
Notes and all other Note Obligations of the Company to the Holders or the
Trustee hereunder or thereunder will be promptly paid in full or performed, all
in accordance with the terms hereof and thereof; and (ii) in case of any
extension of time of payment or renewal of any Notes or of any such other Note
Obligations, the same will be promptly paid in full when due or performed in
accordance with the terms of the extension or renewal, subject to any applicable
grace period, whether at stated maturity, by acceleration or
otherwise.  Each Guarantor agrees that its obligations hereunder shall
be subject to the Effectiveness Condition and the limitations set forth in
Section 11.03 and otherwise unconditional, irrespective of the validity,
regularity or enforceability of the Notes or this Indenture, the absence of any
action to enforce the same, any waiver or consent by any Holder with respect to
any provisions hereof or thereof, the recovery of any judgment against the
Company, and action to enforce the same or any other circumstance which might
otherwise constitute a legal or equitable discharge or defense of a
guarantor.  Each Guarantor waives diligence, presentment, demand of
payment, filing of claims with a court in the event of insolvency or bankruptcy
of the Company, any right to require a proceeding first against the Company,
protest, notice and all demands whatsoever and covenants that this Note
Guarantee will not be discharged except by complete performance of the Note
Obligations of the Company, and waives any and all defenses available to a
surety (other than payment in full).  If any Holder or the Trustee is
required by any court or otherwise to return to the 

       

       

      
        
          
          

        

        
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        Company,
any Guarantor, or any custodian, trustee, liquidator or other similar official
acting in relation to the Company or any Guarantor, any amount paid by the
Company or any Guarantor to the Trustee or such Holder, this Note Guarantee, to
the extent theretofore discharged, shall be reinstated in full force and
effect.  Each Guarantor further agrees that, as between each
Guarantor, on the one hand, and the Holders and the Trustee, on the other hand,
(x) the maturity of the obligations guaranteed hereby may be accelerated as
provided in Article 6 for the purposes of this Note Guarantee,
notwithstanding any stay, injunction or other prohibition preventing such
acceleration in respect of the Note Obligations guaranteed hereby, and
(y) in the event of any acceleration of such obligations as provided in
Article 6, such Note Obligations (whether or not due and payable) shall
forthwith become due and payable by each Guarantor for the purpose of this Note
Guarantee.

      

       

      Section
11.02 Severability.

       

      In case
any provision of this Note Guarantee shall be invalid, illegal or unenforceable,
the validity, legality, and enforceability of the remaining provisions shall not
in any way be affected or impaired thereby.

       

      Section
11.03 Limitations
on Guarantors’ Liability.

       

      (a) Each
Guarantor, and by its acceptance of Notes, each Holder confirms that it is the
intention of all such parties that the Note Guarantee of such Guarantor not
constitute a fraudulent transfer or conveyance for purposes of any Bankruptcy
Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act
or any similar federal or state law.  To effectuate the foregoing
intention, the Holders and such Guarantor irrevocably agree that the obligations
of such Guarantor shall be limited to the maximum amount as will, after giving
effect to all other contingent and fixed liabilities of such Guarantor and after
giving effect to any collections from or payments made by or on behalf of any
other Guarantor in respect of the obligations of such other Guarantor under this
Article 11, result in the obligations of such Guarantor under the Note Guarantee
not constituting such fraudulent transfer or
conveyance.

       

      (b) Notwithstanding
anything in this Indenture to the contrary, the Note Guarantees (including the
provisions of Section 11.01 of this Indenture) and the obligations of each
Guarantor thereunder are effective and enforceable by the Holders or the Trustee
acting on their behalf only if the Note Guarantees and the related provisions of
the Intercreditor Agreement (including those contained in Section 7 thereof)
would not constitute “Subordinated Debt Financing” within the meaning of the
limitations contained in the CCH II Indentures, CCI Indentures, CCOH Indentures,
CCH I Indentures, CIH Indentures, Charter Holdings Indentures and future
indentures of any Parent that contain substantially identical limitations (the
“Effectiveness
Condition”);
provided, that nothing in this Section 11.03 shall affect the obligations of any
Guarantor under the Security Documents regardless of whether the Effectiveness
Condition is satisfied.  The Trustee is not responsible for making any
determination as to the satisfaction of (or failure to satisfy) the
Effectiveness Condition.

       

      Section
11.04 Release of
Guarantor.

       

      (a) In the event
that all of a Guarantor’s obligations with respect to the CCO Credit Facility
and the Related Obligations or other Indebtedness under clause (1) of the
second paragraph of Section 4.10 are released or discharged, in full, for
any reason, including in connection with the repayment in full of all
obligations under the CCO Credit Facility and the Related Obligations or such
other Indebtedness, the Note Guarantee of such Guarantor will also be
automatically released and terminated.  Notwithstanding the preceding
sentence, no such release shall be effective against the Trustee or the Holders
if a Default or Event of Default in the payment of principal of, premium, if
any, or interest on the Notes (including in connection with an offer to
purchase) (including as a result of the events described under

       

       

      
        
          
          

        

        
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        clause (7)
or (8) of Section 6.01) is in effect or continuing on the date thereof, or would
result therefrom shall have occurred and be continuing under this Indenture as
of the time of such proposed release until such time as (1) such Default or
Event of Default is cured or (2) such release is consented to by the
applicable Holders in accordance with the terms of this
Indenture.

      

       

      (b) In addition
to release under the circumstances described in the foregoing clause (a), a
Restricted Subsidiary that is a Guarantor shall be released from its obligations
under its Note Guarantee with respect the Notes and its obligations under this
Indenture and the Security Documents:

       

      
        	
                (i)  

              	
                in the
      event of the Legal Defeasance or Covenant Defeasance or discharge of the
      Notes;

              

      

       

      
        	
                (ii)  

              	
                upon
      the dissolution of a Guarantor which is not prohibited by the terms of
      this Indenture;

              

      

       

      
        	
                (iii)  

              	
                in the
      event of a sale or other disposition of all or substantially all of the
      assets of such Guarantor, by way of merger, consolidation or otherwise, or
      a sale or other disposition of all of the Equity Interests of such
      Guarantor then held by the Issuers and their Restricted Subsidiaries;
      provided, however, that such sale or disposition otherwise complies with
      all of the terms of this Indenture, including those of Section 4.11;
      or

              

      

       

      
        	
                (iv)  

              	
                if
      such Guarantor is designated as an Unrestricted Subsidiary in accordance
      with the provisions of this Indenture, upon effectiveness of such
      designation or when it first ceases to be a Restricted Subsidiary,
      respectively.

              

      

       

      (c) The Trustee
shall deliver an appropriate instrument or instruments evidencing such release
upon receipt of a request by the Company accompanied by an Officers’ Certificate
and an Opinion of Counsel certifying as to the compliance with this Section
11.04.

       

      Section
11.05 Contribution.

       

      In order to
provide for just and equitable contribution among the Guarantors, the Guarantors
agree, inter se, that in the event any payment or distribution is made by any
Guarantor (a “Funding
Guarantor”) under its
Note Guarantee, such Funding Guarantor shall be entitled to a contribution from
all other Guarantors whose Note Guarantees are in effect and enforceable
pursuant to Section 11.03 in a pro rata amount based on the Adjusted Net Assets
(as defined below) of each Guarantor (including the Funding Guarantor) for all
payments, damages and expenses incurred by that Funding Guarantor in discharging
the Company’s obligations with respect to the Notes or any other Guarantor’s
obligations with respect to its Note Guarantee.  “Adjusted
Net Assets” of such
Guarantor at any date shall mean the lesser of the amount by which (x) the
fair value of the property of such Guarantor exceeds the total amount of
liabilities, including contingent liabilities (after giving effect to all other
fixed and contingent liabilities incurred or assumed on such date), but
excluding liabilities under the Note Guarantee of such Guarantor at such date,
and (y) the present fair salable value of the assets of such Guarantor at
such date exceeds the amount that will be required to pay the probable liability
of such Guarantor on its debts (after giving effect to all other fixed and
contingent liabilities incurred or assumed on such date), excluding debt in
respect of the Note Guarantee of such Guarantor, as they become absolute and
matured.

       

      Section
11.06 Waiver
of Subrogation.

       

       

      
        
          
          

        

        
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      Until all
obligations are paid in full, each Guarantor irrevocably waives any claims or
other rights which it may now or hereafter acquire against the Company that
arise from the existence, payment, performance or enforcement of such
Guarantor’s obligations under its Note Guarantee and this Indenture, including
any right of subrogation, reimbursement, exoneration, indemnification, and any
right to participate in any claim or remedy of any Holder against the Company,
whether or not such claim, remedy or right arises in equity, or under contract,
statute or common law, including the right to take or receive from the Company,
directly or indirectly, in cash or other property or by setoff or in any other
manner, payment or security on account of such claim or other
rights.  If any amount shall be paid to any Guarantor in violation of
the preceding sentence and the Notes shall not have been paid in full, such
amount shall have been deemed to have been paid to such Guarantor for the
benefit of, and held in trust for the benefit of, the Holders, and shall
forthwith be paid to the Trustee for the benefit of such Holders to be credited
and applied upon the Notes, whether matured or unmatured, in accordance with the
terms of this Indenture.  Each Guarantor acknowledges that it will
receive direct and indirect benefits from the financing arrangements
contemplated by this Indenture and that the waiver set forth in this Section
11.06 is knowingly made in contemplation of such benefits.

       

      Section
11.07 Execution
of Note Guarantee.

       

      To evidence
its Note Guarantee to the Holders set forth in this Article 11, each
Guarantor agrees to execute the Note Guarantee which shall be endorsed on each
Note ordered to be authenticated and delivered by the Trustee.  Each
Guarantor agrees that its Note Guarantee set forth in this Article 11 shall
remain in full force and effect notwithstanding any failure to endorse on each
Note a notation of such Note Guarantee.  Each such Note Guarantee
shall be signed on behalf of each Guarantor by one of its authorized Officers
prior to the authentication of the Note on which it is endorsed, and the
delivery of such Note by the Trustee, after the authentication thereof
hereunder, shall constitute due delivery of such Note Guarantee on behalf of
such Guarantor.  Such signatures upon the Note Guarantee may be by
manual or facsimile signature of such Officer and may be imprinted or otherwise
reproduced on the Note Guarantee, and in case any such Officer who shall have
signed the Note Guarantee shall cease to be such Officer before the Note on
which such Note Guarantee is endorsed shall have been authenticated and
delivered by the Trustee or disposed of by the Company, such Note nevertheless
may be authenticated and delivered or disposed of as though the Person who
signed the Note Guarantee had not ceased to be such Officer of the
Guarantor.

       

      Section
11.08 Waiver of Stay, Extension or Usury
Laws.

       

      Each
Guarantor covenants (to the extent that it may lawfully do so) that it will not
at any time insist upon, plead, or in any manner whatsoever claim or take the
benefit or advantage of, any stay or extension law or any usury law or other law
that would prohibit or forgive it from performing its Note Guarantee as
contemplated herein, wherever enacted, now or at any time hereafter in force, or
which may affect the covenants or the performance of this Indenture; and (to the
extent that it may lawfully do so) each such Guarantor hereby expressly waives
all benefit or advantage of any such law, and covenants that it will not hinder,
delay or impede the execution of any power herein granted to the Trustee, but
will suffer and permit the execution of every such power as though no such law
had been enacted.

       

       

      ARTICLE
12

       

      MISCELLANEOUS

       

      Section
12.01 Trust
Indenture Act Controls.

       

       

      
        
          
          

        

        
          86

          
            

          

        

        
          
          

        

      

       

      If any
provision of this Indenture limits, qualifies or conflicts with the duties
imposed by TIA § 318(c), the imposed duties shall control.

       

      Section
12.02 Notices.

       

      Any notice
or communication by the Issuers or the Trustee to the others is duly given if in
writing and delivered in Person or mailed by first class mail (registered or
certified, return receipt requested), telex, telecopier or overnight air courier
guaranteeing next day delivery, to the others’ address:

       

      If to the
Issuers or any Guarantor:

       

      Charter
Communications Operating, LLC

      Charter
Communications Operating Capital Corp.

      c/o
Charter Communications, Inc.

      12405
Powerscourt Drive, Suite 100

      St.
Louis, Missouri  63131

      Telecopier
No.:  (314) 965-8793

      Attention:  Secretary

       

      With a
copy to:

       

      Gibson,
Dunn & Crutcher LLP

      200 Park
Avenue

      Suite
4700

      New York,
New York 10166

      Telecopier
No.:  (212) 351-5276

      Attention:  Joerg
Esdorn

       

      If to the
Trustee:

       

      Wilmington
Trust Company

      Rodney
Square North

      1100 N.
Market Street

      Wilmington,
DE 19890-1615

      Telecopier
No.:   (302) 636-4145

      Attention:
Corporate Capital Market Services

       

       

      The
Issuers or the Trustee, by notice to the other, may designate additional or
different addresses for subsequent notices or communications.

       

      All
notices and communications (other than those sent to Holders) shall be deemed to
have been duly given: at the time delivered by hand, if personally delivered;
five Business Days after being deposited in the mail, postage prepaid, if
mailed; when answered back, if telexed; when receipt acknowledged, if
telecopied; and the next Business Day after timely delivery to the courier, if
sent by overnight air courier guaranteeing next day delivery.

       

      Any
notice or communication to a Holder shall be mailed by first class mail,
certified or registered, return receipt requested, or by overnight air courier
guaranteeing next day delivery to its address shown on the register kept by the
Registrar.  Any notice or communication shall also be so mailed

       

      
        
          
          

        

        
          87

          
            

          

        

        
          
          

        

         

        to any
Person described in TIA § 313(c), to the extent required by the
TIA.  Failure to mail a notice or communication to a Holder or any
defect in it shall not affect its sufficiency with respect to other
Holders.

      

       

      If a
notice or communication is mailed in the manner provided above within the time
prescribed, it is duly given, whether or not the addressee receives
it.

       

      If the
Issuers mail a notice or communication to Holders, it shall mail a copy to the
Trustee and each Agent at the same time.

       

      Section
12.03 Communication
by Holders with Other Holders.

       

      Holders
may communicate pursuant to TIA § 312(b) with other Holders with respect to
their rights under this Indenture or the Notes.  The Issuers, the
Trustee, the Registrar and anyone else shall have the protection of TIA §
312(c).

       

      Section
12.04 Certificate
and Opinion as to Conditions Precedent.

       

      Upon any
request or application by the Issuers to the Trustee to take any action under
this Indenture, the Issuers shall furnish to the Trustee:

       

      
        	
                (i)  

              	
                an
      Officers’ Certificate in form and substance reasonably satisfactory to the
      Trustee (which shall include the statements set forth in Section 12.05)
      stating that, in the opinion of the signers, all conditions precedent and
      covenants, if any, provided for in this Indenture relating to the proposed
      action have been satisfied;
and

              

      

       

      
        	
                (ii)  

              	
                an
      Opinion of Counsel in form and substance reasonably satisfactory to the
      Trustee (which shall include the statements set forth in Section 12.05)
      stating that, in the opinion of such counsel, all such conditions
      precedent and covenants have been
  satisfied.

              

      

       

      Section
12.05 Statements
Required in Certificate or Opinion.

       

      Each
certificate or opinion with respect to compliance with a condition or covenant
provided for in this Indenture (other than a certificate provided pursuant to
TIA § 314(a)(4)) shall comply with the provisions of TIA § 314(e) and shall
include:

       

      
        

         

        (i) a
statement that the Person making such certificate or opinion has read such
covenant or condition;

         

        (ii) a brief
statement as to the nature and scope of the examination or investigation upon
which the statements or opinions contained in such certificate or opinion are
based;

         

        (iii) a
statement that, in the opinion of such Person, he or she has made such
examination or investigation as is necessary to enable him to express an
informed opinion as to whether or not such covenant or condition has been
satisfied; and

         

        (iv) a
statement as to whether or not, in the opinion of such Person, such condition or
covenant has been satisfied.

      

       

                   

      
        
          
          

        

        
          88

          
            

          

        

        
          
          

        

      

       

      Section
12.06 Rules
by Trustee and Agents.

       

      The
Trustee may make reasonable rules for action by or at a meeting of
Holders.  The Registrar or Paying Agent may make reasonable rules and
set reasonable requirements for its functions.

       

      Section 12.07 No
Personal Liability of Directors, Officers, Employees, Managers, Members and
Stockholders.

       

      No
director, officer, employee, incorporator, manager, member or stockholder of the
Issuers or the Guarantors, or director, officer, employee, incorporator or
stockholder of CCI as manager of the Company and certain of the Guarantors, as
such, shall have any liability for any obligations of the Issuers or the
Guarantors under the Notes or this Indenture, or for any claim based on, in
respect of, or by reason of, such obligations or their creation.  Each
Holder by accepting a Note waives and releases all such
liability.  The waiver and release are part of the consideration for
issuance of the Notes and the Note Guarantees.

       

      Section
12.08 Governing
Law.

       

      THE
INTERNAL LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS
INDENTURE AND THE NOTES AND ANY NOTE GUARANTEES WITHOUT GIVING EFFECT TO THE
APPLICABLE PRINCIPLES OF CONFLICTS OF LAWS TO THE EXTENT THAT THE APPLICATION OF
THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.  EACH OF
THE PARTIES HERETO AGREES TO SUBMIT TO THE JURISDICTION OF THE COURTS OF THE
STATE OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
INDENTURE OR THE NOTES OR ANY NOTE GUARANTEE.

       

       

      Section
12.09 No
Adverse Interpretation of Other Agreements.

       

      This
Indenture may not be used to interpret any other indenture, loan or debt
agreement of the Issuers, their Parents or their Subsidiaries or of any other
Person.  Any such indenture, loan or debt agreement may not be used to
interpret this Indenture.

       

       

      Section
12.10 Successors.

       

      All
agreements of the Issuers in this Indenture and the Notes, as the case may be,
shall bind their respective successors.  All agreements of the Trustee
in this Indenture shall bind its successors.

       

       

      Section
12.11 Severability.

       

      In case
any provision in this Indenture or the Notes, as the case may be, shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of
the remaining provisions shall not in any way be affected or impaired
thereby.

       

       

      Section
12.12 Counterpart
Originals.

       

      The
parties may sign any number of copies of this Indenture.  Each signed
copy shall be an original, but all of them together represent the same
agreement.

       

       

      
        
          
          

        

        
          89

          
            

          

        

        
          
          

        

      

       

       

      Section
12.13 Table
of Contents, Headings, etc.

       

      The Table
of Contents, Cross-Reference Table and Headings of the Articles and Sections of
this Indenture have been inserted for convenience of reference only, are not to
be considered a part of this Indenture and shall in no way modify or restrict
any of the terms, conditions or provisions.

       

       

      ARTICLE
13

       

      SATISFACTION
AND DISCHARGE

       

      Section
13.01 Satisfaction
and Discharge of Indenture.

       

      This
Indenture shall cease to be of further effect (except as to any surviving rights
of registration of transfer or exchange of Notes herein expressly provided for),
and the Trustee, on demand of and at the expense of the Issuers, shall execute
proper instruments acknowledging satisfaction and discharge of this Indenture,
when

       

       

      (1) either

       

      (a) all Notes
theretofore authenticated and delivered (other than (i) Notes which have
been destroyed, lost or stolen and which have been replaced or paid as provided
in Section 2.07 and (ii) Notes for whose payment money has theretofore been
deposited in trust or segregated and held in trust by the Issuers and thereafter
repaid to the Issuers or discharged from such trust,) have been delivered to the
Trustee for cancellation; or

       

      (b) all such
Notes not theretofore delivered to the Trustee for
cancellation

       

      (i) have become
due and payable, or

       

      (ii) will become
due and payable at their Stated Maturity within one year,
or

       

      (iii) are to be
called for redemption within one year pursuant to irrevocable instructions
validly delivered by the Issuers to the Trustee for the giving of notice of
redemption by the Trustee in the name, and at the expense, of the
Issuers,

       

      and the
Issuers, in the case of (b)(i), (ii) or (iii) above, have deposited or caused to
be deposited with the Trustee as trust funds in trust for the purpose an amount
sufficient to pay and discharge the entire indebtedness on such Notes not
theretofore delivered to the Trustee for cancellation, for principal (and
premium, if any) and interest to the date of such deposit (in the case of Notes
which have become due and payable) or to the maturity or redemption thereof, as
the case may be;

       

       

      (2) the Issuers
have paid or caused to be paid all other sums payable hereunder by the Issuers;
and

       

       

      
        
          
          

        

        
          90

          
            

          

        

        
          
          

        

      

       

      (3) each of the
Issuers has delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel, each stating that all conditions precedent herein provided for relating
to the satisfaction and discharge of this Indenture have been complied
with.

       

      Notwithstanding
the satisfaction and discharge of this Indenture pursuant to this Article 13,
the obligations of the Issuers to the Trustee under Section 7.07, and, if money
shall have been deposited with the Trustee pursuant to subclause (b) of clause
(1) of this Section, the obligations of the Trustee under Section 13.02 shall
survive.

       

       

      Section
13.02 Application
of Trust Money.

       

      All money
deposited with the Trustee pursuant to Section 13.01 shall be held in trust and
applied by it, in accordance with the provisions of the Notes and this
Indenture, to the payment, either directly or through any Paying Agent as the
Trustee may determine, to the Persons entitled thereto, of the principal (and
premium, if any) and interest for whose payment such money has been deposited
with the Trustee.

      [Signatures
on following page]

       

       

      
        
          
          

        

        
          91

          
            

          

        

        
          
          

        

      

       

      SIGNATURES

       

      Dated as
of March 19, 2008

       

      CHARTER
COMMUNICATIONS OPERATING, LLC, as an Issuer

       

      By:         /s/ Eloise
Schmitz                                                                  

      
        	
                 
      

              	
                Name:

              	
                Eloise
      Schmitz

              

      

      
        	
                 
      

              	
                Title:

              	
                Senior
      Vice President

              

      

      

      

      CHARTER
COMMUNICATIONS OPERATING CAPITAL CORP., as an Issuer

       

      By:  /s/ Eloise
Schmitz                                                                       

      
        	
                 
      

              	
                Name:

              	
                Eloise
      Schmitz

              

      

      
        	
                 
      

              	
                Title:

              	
                Senior
      Vice President

              

      

      

      
        	
                 
      

              	
                CCO
      HOLDINGS, LLC

              

      

      
        	
                 
      

              	
                AMERICAN
      CABLE ENTERTAINMENT COMPANY, LLC

              

      

         
CABLE EQUITIES COLORADO, LLC

         
CCO PURCHASING, LLC

         
CHARTER ADVERTISING OF SAINT LOUIS, LLC

         
CHARTER CABLE OPERATING COMPANY, LLC

         
CHARTER CABLE PARTNERS, LLC

      
        	
                 
      

              	
                CHARTER
      COMMUNICATIONS ENTERTAINMENT I, LLC

              

      

      
        	
                 
      

              	
                CHARTER
      COMMUNICATIONS ENTERTAINMENT II,
LLC

              

      

      
        	
                 
      

              	
                CHARTER
      COMMUNICATIONS ENTERTAINMENT, LLC

              

      

         
CHARTER COMMUNICATIONS PROPERTIES LLC

         
CHARTER COMMUNICATIONS, LLC

         
CHARTER DISTRIBUTION, LLC

         
CHARTER FIBERLINK, LLC

         
CHARTER HELICON, LLC

         
CHARTER RMG, LLC

         
HPI ACQUISITION CO. LLC

         
INTERLINK COMMUNICATIONS PARTNERS, LLC

         
LONG BEACH, LLC

         
MARCUS CABLE ASSOCIATES, L.L.C.

         
MARCUS CABLE OF ALABAMA, L.L.C.

         
PEACHTREE CABLE TV, LLC

         
RIFKIN ACQUISITION PARTNERS, LLC

         
TENNESSEE, LLC

         
VISTA BROADBAND COMMUNICATIONS, LLC

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      
        	
                 
      

              	
                CABLE
      EQUITIES OF COLORADO MANAGEMENT
CORP.

              

      

         
MARCUS CABLE, INC.

         
ROBIN MEDIA GROUP, INC.

         
HELICON PARTNERS I, L.P.

         
PEACHTREE CABLE TV, L.P.

         
THE HELICON GROUP, L.P.

         
CCO NR HOLDINGS, LLC

         
CHARTER COMMUNICATIONS VENTURES, LLC

         
CC SYSTEMS, LLC

         
CC FIBERLINK, LLC

         
CHARTER FIBERLINK – ALABAMA, LLC

         
CHARTER FIBERLINK – ILLINOIS, LLC

         
CHARTER FIBERLINK – KENTUCKY, LLC

         
CHARTER FIBERLINK – MICHIGAN, LLC

         
CHARTER FIBERLINK –MISSOURI, LLC

         
CHARTER FIBERLINK TX-CCO, LLC

         
CHARTER COMMUNICATIONS VII, LLC

         
FALCON CABLE COMMUNICATIONS, LLC

         
FALCON COMMUNITY CABLE, L.P.

         
FALCON VIDEO COMMUNICATIONS, L.P.

      
        	
                 
      

              	
                FALCON
      CABLE MEDIA, A CALIFORNIA LIMITED
PARTNERSHIP

              

      

      
        	
                 
      

              	
                FALCON
      COMMUNITY VENTURES I LIMITED
PARTNERSHIP

              

      

         
FALCON CABLE SYSTEMS COMPANY II, L.P.

      
        	
                 
      

              	
                FALCON
      CABLEVISION, A CALIFORNIA LIMITED
PARTNERSHIP

              

      

      
        	
                 
      

              	
                FALCON
      TELECABLE, A CALIFORNIA LIMITED
PARTNERSHIP

              

      

         
FALCON FIRST, INC.

         
FALCON FIRST CABLE OF NEW YORK, INC.

         
FALCON FIRST CABLE OF THE SOUTHEAST, INC.

         
ATHENS CABLEVISION INC.

         
DALTON CABLEVISION INC.

         
PLATTSBURGH CABLEVISION INC.

         
SCOTTSBORO TV CABLE, INC.

         
AUSABLE CABLE TV, INC.

         
CHARTER FIBERLINK AR-CCVII, LLC

         
CHARTER FIBERLINK AZ-CCVII, LLC

         
CHARTER FIBERLINK ID-CCVII, LLC

         
CHARTER FIBERLINK NV-CCVII, LLC

         
CHARTER FIBERLINK OK-CCVII, LLC

         
CHARTER FIBERLINK OR-CCVII, LLC

         
CHARTER FIBERLINK UT-CCVII, LLC

         
CHARTER FIBERLINK WA-CCVII, LLC

         
CHARTER COMMUNICATIONS VI, LLC

         
CC 10, LLC

         
CC VI OPERATING COMPANY, LLC

         
TIOGA CABLE COMPANY, INC.

         
CHARTER FIBERLINK MS-CCVI, LLC

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

         
CHARTER FIBERLINK CA-CCO, LLC

         
CHARTER FIBERLINK KS-CCO, LLC

         
CHARTER FIBERLINK MA-CCO, LLC

         
CHARTER FIBERLINK NC-CCO, LLC

         
CHARTER FIBERLINK NM-CCO, LLC

         
CHARTER FIBERLINK OH-CCO, LLC

         
CHARTER FIBERLINK SC-CCO, LLC

         
CHARTER FIBERLINK VA-CCO, LLC

         
CHARTER FIBERLINK VT-CCO, LLC

         
CC V HOLDINGS, LLC

         
CC VIII, LLC

         
CC VIII HOLDINGS, LLC

         
CC VIII OPERATING, LLC

         
CC MICHIGAN, LLC

         
CHARTER COMMUNICATIONS V, LLC

         
CHARTER TELEPHONE OF MINNESOTA, LLC

         
HOMETOWN T.V., INC.

         
MIDWEST CABLE COMMUNICATIONS, INC.

         
CHARTER VIDEO ELECTRONICS, INC.

      
        	
                 
      

              	
                CHARTER
      COMMUNICATIONS ENTERTAINMENT I, DST

              

      

         
RENAISSANCE MEDIA, LLC

         
CC VIII LEASING OF WISCONSIN, LLC

         
CHARTER CABLE LEASING OF WISCONSIN, LLC

      
        	
                 
      

              	
                as
      Guarantors

              

      

      
         

         

        
          	
                   
      

                	
                  By:

                	
                  
                    /s/ Eloise
      Schmitz

                  

                

        

         

      

      
        	
                 
      

              	
                Name:

              	
                Eloise
      Schmitz

              

      

      
        	
                 
      

              	
                Title:

              	
                Senior
      Vice President

              

      

       

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      

       

      WILMINGTON
TRUST COMPANY,

      as
Trustee

       

      By:   /s/ James J.
McGinley                                                                       

      
        	
                 
      

              	
                Name:
      James J. McGinley

              

      

      
        	
                 
      

              	
                Title:
      Authorized Signer

              

      

       

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
A

       

      [Face of
Note]

       

                                                      CUSIP NO.
[_________]

       

      10.875%
Senior Second Lien Notes due 2014

       

      No.

       

      $[________________]

       

      CHARTER
COMMUNICATIONS OPERATING, LLC

       

      and

       

      CHARTER
COMMUNICATIONS OPERATING CAPITAL CORP.

       

      promise
to pay
to  _________________________________________________________,

       

      or
registered assigns,

       

      the
principal amount of  _____________________________________________
Dollars

       

      ($______________________________)
on September 15, 2014.

       

      Interest
Payment Dates:  March 15 and September 15

       

      Record
Dates:  March 1 and September 1

       

      Subject
to restrictions set forth in this Note.

       

       

      
        
          
          

        

        
          A-1

          
            

          

        

        
          
          

        

      

       

      IN
WITNESS WHEREOF, each of Charter Communications Operating, LLC and Charter
Communications Operating Capital Corp. has caused this instrument to be duly
executed.

       

      Dated:  [                     ]

       

                    CHARTER COMMUNICATIONS OPERATING,
LLC

       

                   By: ________________________________________        

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

       

       

                  By:  ________________________________________       

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

       

                    CHARTER COMMUNICATIONS OPERATING
CAPITAL CORP.

       

                  By:  ________________________________________       

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

       

       

                  By:  ________________________________________       

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

       

      This is
one of the Notes referred to

      in the
within-mentioned Indenture:

       

      WILMINGTON
TRUST COMPANY,

      as
Trustee

       

      
        	
                By:

              	
                __________________________________

              

      

       

      
        	
                 
      

              	
                Authorized
      Signatory

              

      

       

       

      
        
          
          

        

        
          A-2

          
            

          

        

        
          
          

        

      

      
 

      [Back of
Note]

       

      

       

      10.875%
Senior Second Lien Notes due 2014

       

      THE
HOLDER OF THIS NOTE BY ACCEPTANCE HEREOF ALSO AGREES, REPRESENTS AND WARRANTS
THAT IF IT IS A PURCHASER IN A SALE THAT OCCURS OUTSIDE THE UNITED STATES WITHIN
THE MEANING OF REGULATION S OF THE SECURITIES ACT, IT ACKNOWLEDGES THAT, UNTIL
EXPIRATION OF THE “40-DAY DISTRIBUTION COMPLIANCE PERIOD” WITHIN THE MEANING OF
RULE 903 OF REGULATION S, ANY OFFER OR SALE OF THIS NOTE SHALL NOT BE MADE BY IT
TO A U.S. PERSON TO OR FOR THE ACCOUNT OR BENEFIT OF A U.S. PERSON WITHIN THE
MEANING OF RULE 902(k) UNDER THE SECURITIES ACT.

       

      UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OR TRANSFER,
EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUIRED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY OR SUCH OTHER REPRESENTATIVE OF
THE DEPOSITORY TRUST COMPANY OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (AND ANY PAYMENT HEREON IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY) ANY TRANSFER, PLEDGE OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.1

       

      TRANSFERS
OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART,
TO NOMINEES OF CEDE & CO. OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S
NOMINEE.2

       

      THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER
JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY
BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE
DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS
EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY
BY ITS ACCEPTANCE HEREOF AGREES TO OFFER, SELL OR OTHERWISE 

       

       

       

      
        

      

      
        1  This paragraph
should be included only if the Notes are issued in global form. 

         

        2  This paragraph
should be included only if the Notes are issued in global form.

      

       

       

      
        
          
          

        

        
          A-3

          
            

          

        

        
          
          

        

      

       

      TRANSFER
SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE RESTRICTION TERMINATION DATE”)
WHICH IS ONE YEAR, OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE 144(D)
UNDER THE SECURITIES ACT OR ANY SUCCESSOR PROVISION THEREUNDER, AFTER THE LATER
OF THE ORIGINAL ISSUE DATE HEREOF, AND THE LAST DATE ON WHICH THE ISSUERS OR ANY
AFFILIATE OF THE ISSUERS WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF
SUCH SECURITY) OR SUCH LATER DATE, IF ANY, AS MAY BE REQUIRED BY LAW, ONLY (A)
TO THE ISSUERS OR ANY OF THEIR SUBSIDIARIES, (B) PURSUANT TO A REGISTRATION
STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO
LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE
SECURITIES ACT (“RULE 144A”), TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED
INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A THAT PURCHASES FOR ITS OWN ACCOUNT
OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN
THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS
AND SALES TO NON-U.S. PERSONS THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE
MEANING OF REGULATION S UNDER THE SECURITIES ACT, (E) TO AN “ACCREDITED
INVESTOR” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE
SECURITIES ACT THAT IS AN “INSTITUTIONAL ACCREDITED INVESTOR” ACQUIRING THE
SECURITY FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF SUCH AN INSTITUTIONAL
ACCREDITED INVESTOR, IN EACH CASE IN A MINIMUM PRINCIPAL AMOUNT OF THE
SECURITIES OF $250,000, FOR INVESTMENT PURPOSES AND NOT WITH A VIEW TO OR FOR
OFFER OR SALE IN CONNECTION WITH ANY DISTRIBUTION IN VIOLATION OF THE SECURITIES
ACT OR (F) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE ISSUERS’ AND THE TRUSTEE’S
RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES (D), (E) OR
(F) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/OR OTHER
INFORMATION SATISFACTORY TO EACH OF THEM. THIS LEGEND WILL BE REMOVED UPON THE
REQUEST OF THE HOLDER AFTER THE RESALE RESTRICTION TERMINATION
DATE.

       

      

      THIS
NOTE WAS ISSUED WITH ORIGINAL ISSUE DISCOUNT, FOR PURPOSES OF SECTIONS 1272,
1273, AND 1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED FROM TIME TO
TIME. CHARTER COMMUNICATIONS HOLDING COMPANY, LLC (THE “COMPANY”) WILL,
BEGINNING NO LATER THAN TEN (10) DAYS AFTER THE ISSUE DATE, PROMPTLY PROVIDE TO
HOLDERS OF NOTES, UPON WRITTEN REQUEST, THE ISSUE PRICE, THE AMOUNT OF ORIGINAL
ISSUE DISCOUNT, ISSUE DATE AND YIELD TO MATURITY WITH RESPECT TO THE NOTES. ANY
SUCH WRITTEN REQUEST SHOULD BE SENT TO THE CHIEF FINANCIAL OFFICER OR GENERAL
COUNSEL OF THE COMPANY AT CHARTER PLAZA, 12405 POWERSCOURT DRIVE, ST. LOUIS,
MISSOURI 63131.

       

       

      
        
          
          

        

        
          A-4

          
            

          

        

        
          
          

        

      

       

      Capitalized
terms used herein shall have the meanings assigned to them in the Indenture
referred to below unless otherwise indicated.

       

      1.           INTEREST.  Charter
Communications Operating, LLC, a Delaware limited liability company (the “Company”), and Charter
Communications Operating Capital Corp., a Delaware corporation (“Capital Corp” and, together
with the Company, the “Issuers”), promise to pay
interest on the principal amount of this Note at the rate of 10.875% per annum
from the Issue Date until maturity.  The Issuers will pay interest
semi-annually in arrears on March 15 and September 15 of each year (each an
“Interest Payment
Date”), or if any such day is not a Business Day, on the next succeeding
Business Day.  Interest on the Notes will accrue from the most recent
date to which interest has been paid or, if no interest has been paid, from the
date of issuance; provided that if there is no existing Default in the payment
of interest, and if this Note is authenticated between a record date referred to
on the face and the next succeeding Interest Payment Date, interest shall accrue
from such next succeeding Interest Payment Date; provided, further, that the
first Interest Payment Date shall be September 15, 2008.  The Issuers
shall pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue principal and premium, if any, from time to time on
demand at a rate that is 2% per annum in excess of the rate then in effect; they
shall pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue installments of interest (without regard to any
applicable grace periods) from time to time on demand at the same rate to the
extent lawful.  Interest will be computed on the basis of a 360-day
year of twelve 30-day months.

       

      2.           METHOD
OF PAYMENT.  The Issuers shall pay interest on the Notes (except
defaulted interest) to the Persons who are registered Holders at the close of
business on the March 1 or September 1 next preceding the
Interest Payment Date, even if such Notes are canceled after such record date
and on or before such Interest Payment Date, except as provided in Section 2.12
of the Indenture with respect to defaulted interest.  The Notes will
be payable as to principal, premium, if any, and interest at the office or
agency of the Issuers maintained for such purpose within or without the City and
State of New York, or, at the option of the Issuers, payment of interest may be
made by check mailed to the Holders at their addresses set forth in the register
of Holders, and provided that payment by wire transfer of immediately available
funds will be required with respect to principal of and interest and premium on
all Global Notes and all other Notes the Holders of which shall have provided
wire transfer instructions to the Issuers or the Paying Agent.  Such
payment shall be in such coin or currency of the United States of America as at
the time of payment is legal tender for payment of public and private
debts.

       

      3.           PAYING
AGENT AND REGISTRAR.  Initially, Wilmington Trust Company, the Trustee
under the Indenture, will act as Paying Agent and Registrar.  The
Issuers may change any Paying Agent or Registrar without notice to any
Holder.  The Company or any of its Subsidiaries may act in any such
capacity.

       

      4.           INDENTURE.  The
Issuers issued the Notes under an Indenture dated as of March 19, 2008 (the
“Indenture”) among
the Issuers, the guarantors party thereto and the Trustee.  The Notes
arise out of and are made in accordance with the Indenture, including the terms
stated in the Indenture and those made part of the Indenture by reference to the
Trust Indenture Act of 1939, as amended (15 U.S. Code §§
77aaa-77bbbb).  The Holders are referred to the Indenture and such Act
for a complete statement of such terms.

       

      5.           OPTIONAL
REDEMPTION.

       

      (a)           The
Issuers may, at any time and from time to time, prior to March 15, 2012, at
their option, redeem the outstanding Notes, in whole or in part, at a redemption
price equal to 

       

      
        
          
          

        

        
          A-5

          
            

          

        

        
          
          

        

         

        100% of
the principal amount thereof plus accrued and unpaid interest, if any, to the
redemption date, plus the Make-Whole Premium.

      

       

      (b)           At
any time prior to March 15, 2011, the Issuers may, on any one or more occasions,
redeem up to 35% of the original aggregate principal amount of the Notes issued
on the Issue Date (plus any Additional Notes actually issued) at a redemption
price of 110.875% of the principal amount thereof, plus accrued and unpaid
interest, if any, to the redemption date, with the net cash proceeds of one or
more Equity Offerings; provided, however, that:

       

      (i)           at
least 65% of the original aggregate principal amount of the Notes issued on the
Issue Date (plus any Additional Notes actually issued) remains outstanding
immediately after the occurrence of such redemption (excluding Notes held by the
Issuers and their Subsidiaries); and

       

      (ii)           the
redemption must occur within 60 days of the date of the closing of such Equity
Offering.

       

      (c)  On
or after March 15, 2012, the Issuers shall have the option to redeem the Notes,
in whole or in part, at the redemption prices (expressed as percentages of
principal amount of the Notes) set forth below plus accrued and unpaid interest,
if any, to the applicable redemption date, if redeemed during the twelve-month
period beginning on March 15 of the years indicated below:

       

      
        	
                Year

              	 	
                Percentage

              	 
	
                2012

              	 	 	105.438	%
	
                2013

              	 	 	102.719	%
	
                2014

              	 	 	100.000	%

      

      

       

      6.           MANDATORY
REDEMPTION.  Without prejudice to the Issuers’ obligations under
Paragraph 7 below, the Issuers shall not be required to make mandatory
redemption payments with respect to the Notes.

       

      7.           REPURCHASE
AT OPTION OF HOLDER.

       

       

      (a)            If there is
a Change of Control, the Issuers shall make an offer (a “Change
of Control Offer”) to
repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in
excess thereof) of each Holder’s Notes at a purchase price equal to 101% of the
aggregate principal amount thereof plus accrued and unpaid interest thereon, if
any, to the date of purchase (the “Change
of Control Payment”).  Within
10 days following any Change of Control, the Issuers shall mail a notice to each
Holder describing the transaction or transactions that constitute the Change of
Control and offering to repurchase Notes on the Change of Control Payment Date
specified in such notice, pursuant to the procedures required by the Indenture
and described in such notice.

       

      (b)            If the
Company or a Restricted Subsidiary thereof consummates any Asset Sale, when the
aggregate amount of Excess Proceeds exceeds $25.0 million, the Issuers shall
commence an offer (an “Asset
Sale Offer”) pursuant
to Section 4.11 of the Indenture to all Holders and all holders of other
Indebtedness that is of equal priority with the Notes containing provisions
requiring offers to purchase or redeem with the proceeds of sales of assets to
purchase the maximum principal amount of Notes and such other Indebtedness of
equal priority that may be purchased out of the Excess Proceeds (which amount
includes the entire amount of the Net Proceeds).  The offer price in
any Asset Sale Offer will be payable in 

       

       

      
        
          
          

        

        
          A-6

          
            

          

        

        
          
          

        

         

         

        cash and
equal to 100% of principal amount plus accrued and unpaid interest, if any, to
the date of purchase.  If any Excess Proceeds remain after
consummation of an Asset Sale Offer, the Company may use such Excess Proceeds
for any purpose not otherwise prohibited by the Indenture.  If the
aggregate principal amount of Notes and such other Indebtedness of equal
priority tendered into such Asset Sale Offer exceeds the amount of Excess
Proceeds, the Trustee shall select the Notes and such other Indebtedness of
equal priority to be purchased on a pro
rata basis.  Upon
completion of each Asset Sale Offer, the amount of Excess Proceeds shall be
reset at zero.  Holders that are the subject of an offer to purchase
will receive an Asset Sale Offer from the Issuers prior to any related purchase
date and may elect to have such Notes purchased by completing the form entitled
“Option of Holder to Elect Purchase” on the reverse of the
Notes.

      

       

      8.           DENOMINATIONS,
TRANSFER, EXCHANGE.  The Notes are in registered form without coupons
in denominations of $2,000 and integral multiples of $1,000.  The
transfer of Notes may be registered and Notes may be exchanged as provided in
the Indenture.  The Registrar and the Trustee may require a Holder,
among other things, to furnish appropriate endorsements and transfer documents
and the Issuers may require a Holder to pay any taxes and fees required by law
or permitted by the Indenture.  The Issuers need not exchange or
register the transfer of any Note or portion of a Note selected for redemption,
except for the unredeemed portion of any Note being redeemed in
part.  Also, the Issuers need not exchange or register the transfer of
any Notes for a period of 15 days before a selection of Notes to be redeemed or
during the period between a record date and the corresponding Interest Payment
Date.

       

      9.           PERSONS
DEEMED OWNERS.  The registered Holder may be treated as its owner for
all purposes.

       

      10.           AMENDMENT,
SUPPLEMENT AND WAIVER.  Subject to certain exceptions, the Indenture,
the Notes, the Note Guarantees or the Security Documents may be amended or
supplemented with the consent of the Holders of at least a majority in aggregate
principal amount of the then outstanding Notes (including consents obtained in
connection with a purchase of, or a tender offer or exchange offer for, Notes)
and, subject to Sections 6.04 and 6.07 of the Indenture, any existing Default or
compliance with any provision of the Indenture, the Notes (other than any
provision relating to the right of any Holder to bring suit for the enforcement
of any payment of principal, premium, if any, and interest on such Note, on or
after the scheduled due dates expressed in the Notes), the Note Guarantees or
the Security Documents may be waived with the consent of the Holders of a
majority in aggregate principal amount of the then outstanding Notes (including
consents obtained in connection with a purchase of, or a tender offer or
exchange offer for, Notes).  Without the consent of any Holder, the
Issuers and the Trustee may amend or supplement the Indenture, the Notes, the
Note Guarantees or the Security Documents to cure any ambiguity, defect or
inconsistency; to provide for uncertificated Notes in addition to or in place of
certificated Notes; to provide for or confirm the issuance of Additional Notes;
to provide for the assumption of the Issuers’ or any Guarantor’s obligations to
Holders in the case of a merger or consolidation or sale of all or substantially
all of the assets of such Issuer or any Guarantor pursuant to Article 5 of the
Indenture; to make any change that would provide any additional rights or
benefits to the Holders or that does not adversely affect the legal rights under
the Indenture of any Holder; to, if applicable, comply with requirements of the
SEC in order to effect or maintain the qualification of the Indenture under the
TIA or otherwise as necessary to comply with applicable law; to release
Collateral or a Guarantor, as permitted under the terms of the Indenture or the
Security Documents; to add any additional assets as Collateral; or to add a
Guarantor.

       

      11.           DEFAULTS
AND REMEDIES.  Each of the following is an Event of Default: (i)
default for 30 consecutive days in the payment when due of interest on the
Notes, (ii) default in payment when due of the principal of or premium, if any,
on the Notes, (iii) failure by the Company or any of its Restricted Subsidiaries
to comply with Sections 4.16 and 5.01 of the Indenture, (iv) failure by

       

      
        
          
          

        

        
          A-7

          
            

          

        

        
          
          

        

         

         

        the
Company or any of its Restricted Subsidiaries for 30 consecutive days after
written notice thereof has been given to the Company by the Trustee or to the
Company and the Trustee by the Holders of at least 25% of the aggregate
principal amount of the Notes outstanding to comply with any of its other
covenants or agreements in the Indenture, (v) default under any mortgage,
indenture or instrument under which there may be issued or by which there may be
secured or evidenced any Indebtedness for money borrowed by the Company or any
of its Restricted Subsidiaries (or the payment of which is guaranteed by the
Company or any of its Restricted Subsidiaries), whether such Indebtedness or
guarantee now exists or is created after the date of the Indenture, if that
default:  (a) is caused by a failure to pay at final stated maturity
the principal amount of such Indebtedness prior to the expiration of the grace
period provided in such Indebtedness on the date of such default (a “Payment Default”); or (b)
results in the acceleration of such Indebtedness prior to its express maturity,
and, in each case, the principal amount of any such Indebtedness, together with
the principal amount of any other such Indebtedness under which there has been a
Payment Default or the maturity of which has been so accelerated, aggregates
$100 million or more, (vi) failure by the Company or any of its Restricted
Subsidiaries to pay final judgments which are non-appealable aggregating in
excess of $100 million (net of applicable insurance which has not been denied in
writing by the insurer), which judgments are not paid, discharged or stayed for
a period of 60 days, (vii) certain events of bankruptcy or insolvency with
respect to the Company or any of its Significant Subsidiaries, (viii) any Note
Guarantee of any Guarantor that, taken together with all other such Guarantors,
would be a Significant Subsidiary ceases to be in full force and effect (other
than in accordance with the terms of the Indenture and such Note Guarantee) or
is declared null and void and unenforceable or found to be invalid or any
Guarantor denies its liability under its Note Guarantee with respect to the
Notes (other than, in each case, by reason of the Effectiveness Condition not
being satisfied or by reason of release of a Guarantor from its Note Guarantee
in accordance with the terms of the Indenture and such Note Guarantee), and (ix)
so long as the Security Documents securing the Notes have not otherwise been
terminated in accordance with their terms or the Collateral as a whole has not
otherwise been released from the Lien of the Security Documents securing the
Notes in accordance with the terms thereof, (a) any default by the Company or
any Subsidiary in the performance of its obligations under the Security
Documents securing the Notes (after the lapse of any applicable grace periods)
or the Indenture which adversely affects the enforceability, validity,
perfection or priority of the Trustee’s Lien on the Collateral or which
adversely affects the condition or value of the Collateral, taken as a whole, in
any material respect, (b) repudiation or disaffirmation by the Company or any
Subsidiary of its respective obligations under the Security Documents securing
the Notes and (c) the determination in a judicial proceeding that the Security
Documents securing the Notes are unenforceable or invalid against the Company or
any Subsidiary for any reason.  In the case of an Event of Default
arising from certain events of bankruptcy or insolvency with respect to the
Company, all outstanding Notes will become due and payable without further
action or notice.  If any other Event of Default occurs and is
continuing, the Trustee by notice to the Issuers or the Holders of at least 25%
in principal amount of the then outstanding Notes by notice to the Issuers and
the Trustee may declare all the Notes to be due and payable.  Holders
may not enforce the Indenture or the Notes except as provided in the
Indenture.  Subject to certain limitations, Holders of a majority in
aggregate principal amount of the then outstanding Notes may direct the Trustee
in its exercise of any trust or power.  The Trustee may withhold from
Holders notice of any continuing Default or Event of Default (except a Default
or Event of Default relating to the payment of principal, premium, if any, or
interest) if it determines that withholding notice is in their interest, and in
such a case the Trustee will note be liable for the absence of
action.  The Holders of a majority in aggregate principal amount of
the Notes then outstanding by notice to the Trustee may on behalf of the Holders
of all of the Notes waive any existing Default or Event of Default and its
consequences under the Indenture except a continuing Default or Event of Default
in the payment of interest on, or the principal of, or premium, if any, on, the
Notes.  The Issuers are required to deliver to the Trustee annually a
statement regarding compliance with the Indenture.  Upon becoming
aware of any Default or Event of Default, the Issuers are required to deliver to
the Trustee a statement specifying such Default or Event of
Default.

         

         

        
          
            
            

          

          
            A-8

            
              

            

          

          
            
            

          

        

      

       

      12.           TRUSTEE
DEALINGS WITH ISSUERS.  The Trustee in its individual or any other
capacity may become the owner or pledgee of Notes and may otherwise deal with
the Issuers or any Affiliate of the Issuers with the same rights it would have
if it were not Trustee.

       

      13.           NO
RECOURSE AGAINST OTHERS.  A director, officer, employee, incorporator,
manager, member or stockholder of the Issuers or the Guarantors, director,
officer or employee incorporator or stockholder of CCI as manager of the Company
and certain of the Guarantors, as such, shall not have any liability for any
obligations of the Issuers or the Guarantors under the Notes or the Indenture or
for any claim based on, in respect of, or by reason of, such obligations or
their creation.  Each Holder by accepting a Note waives and releases
all such liability.  The waiver and release are part of the
consideration for the issuance of the Notes and the Note
Guarantees.

       

      14.           GOVERNING
LAW.  THE INTERNAL LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE
USED TO CONSTRUE THIS NOTE AND THE INDENTURE WITHOUT GIVING EFFECT TO THE
APPLICABLE PRINCIPLES OF CONFLICTS OF LAWS TO THE EXTENT THAT THE APPLICATION OF
THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.  EACH OF
THE PARTIES HERETO AND THE HOLDERS AGREE TO SUBMIT TO THE JURISDICTION OF THE
COURTS OF THE STATE OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR
RELATING TO THIS NOTE.

       

      15.           AUTHENTICATION.  This
Note shall not be valid until authenticated by the manual signature of the
Trustee or an authenticating agent.

       

      16.           ABBREVIATIONS.  Customary
abbreviations may be used in the name of a Holder or an assignee, such as: TEN
COM (= tenants in common), TEN ENT (= tenants by the entireties), JT TEN (=
joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

       

      17.           CUSIP
NUMBERS.  Pursuant to a recommendation promulgated by the Committee on
Uniform Security Identification Procedures, the Issuers have caused CUSIP
numbers to be printed on the Notes and the Trustee may use CUSIP numbers in
notices of redemption as a convenience to Holders.  No representation
is made as to the accuracy of such numbers either as printed on the Notes or as
contained in any notice of redemption and reliance may be placed only on the
other identification numbers placed thereon.

       

      18.           SECURITY.  THE
COMPANY HAS GRANTED, AND CERTAIN OTHER ENTITIES MAY GRANT IN THE FUTURE, LIENS
ON CERTAIN OF THEIR ASSETS TO THE TRUSTEE PURSUANT TO THE SECURITY
DOCUMENTS.  THE LIENS ARE SUBJECT TO RELEASE UNDER CERTAIN CONDITIONS
DESCRIBED IN THE INDENTURE AND THE SECURITY DOCUMENTS.  THE COMPANY
WILL EXECUTE AND COMPLY WITH, AND CAUSE EACH OF ITS SUBSIDIARIES TO EXECUTE AND
COMPLY WITH, THE TERMS OF EACH SECURITY DOCUMENT TO WHICH SUCH PERSON IS, OR IS
REQUIRED TO BE, A PARTY.

       

      19.           OTHER
REFERENCED AGREEMENTS.  PURSUANT TO SECTION 7.12 OF THE INDENTURE, THE
TRUSTEE ON BEHALF OF EACH PRESENT AND FUTURE HOLDER IS AUTHORIZED TO ENTER INTO
THE INTERCREDITOR AGREEMENT.  EACH HOLDER IN SUCH CAPACITY
ACKNOWLEDGES AND AGREES, ALTHOUGH NONE OF THE ISSUERS OR ANY OF THEIR AFFILIATES
MAY BE A PARTY TO OR BOUND THEREBY, THAT SUCH HOLDER WILL BE BOUND BY ANY SUCH
AGREEMENTS, AND THAT ANY SUCH AGREEMENTS WILL BE DIRECTLY ENFORCEABLE AGAINST
SUCH HOLDER IN ITS CAPACITY AS SUCH.  NONE OF THE ISSUERS OR ANY OF
THEIR AFFILIATES WILL BE A PARTY 

       

      
        
          
          

        

        
          A-9

          
            

          

        

        
          
          

        

         

         

        TO, BOUND
BY, OR A BENEFICIARY OF, ANY OF THE PROVISIONS OF THE INTERCREDITOR AGREEMENT,
NOR WILL THE PARTIES TO THE INTERCREDITOR AGREEMENT HAVE ANY CONTRACTUAL RIGHT
OF ENFORCEMENT THEREUNDER AGAINST THE ISSUERS OR ANY
GUARANTOR.  COPIES OF THE INTERCREDITOR AGREEMENT WILL BE AVAILABLE
FROM THE TRUSTEE UPON REQUEST.

      

       

      The
Issuers will furnish to any Holder upon written request and without charge a
copy of the Indenture and the Security Documents.  Requests may be
made to:

       

      Charter
Communications Operating, LLC

      Charter
Communications Operating Capital Corp.

      c/o
Charter Communications, Inc.

      12405
Powerscourt Drive

      Suite
100

      St.
Louis, Missouri  63131

      Attention:  Secretary

      Telecopier
No.: (314) 965-8793

      

      
 

      
        
          
          

        

        
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      ASSIGNMENT
FORM

       

                  To assign this Note,
fill in the form below:

       

      (i) or
(we) assign and transfer this Note
to:  _________________________________________________                                                                                                                                       

       

      (Insert assignee’s legal
name)

       

      

      __________________________________________________________________________________

      (Insert
assignee’s soc. sec. or tax I.D. no.)

      __________________________________________________________________________________

       

      __________________________________________________________________________________

       

      __________________________________________________________________________________

       

      __________________________________________________________________________________
                    Print or type
assignee’s name, address and zip code)

       

      and
irrevocably appoint ________________________________________________ to
transfer  this Note on the books of the Issuers.  The agent
may substitute another to act for him.

       

      Date:______________________________

       

      Your
Signature:   _________________________________________________                                                                                                      

       

      (Sign exactly as your name appears on
the face of this Note)

       

      Signature
Guarantee*:  _____________________________________________                                                                                                       

       

      *
Participant in a recognized Signature Guarantee Medallion Program (or other
signature guarantor acceptable to the Trustee).

       

       

      
        
          
          

        

        
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      OPTION OF
HOLDER TO ELECT PURCHASE

       

      If you
want to elect to have this Note purchased by the Issuers pursuant to Section
4.11 or 4.16 of the Indenture, check the appropriate box below:

       

       o  Section
4.11                           o  Section 4.16

       

      If you
want to elect to have only part of the Note purchased by the Issuers pursuant to
Section 4.11 or Section 4.16 of the Indenture, state the amount you elect to
have purchased:

       

      $
_______________________

       

      Date:____________________

       

      Your
Signature:  __________________________________________________                                                                                                       

       

      (Sign exactly as your name appears on
the face of this Note)

       

      Tax
Identification
No.:  _____________________________________________                                                                                                       

       

      Signature
Guarantee*:  _____________________________________________                                                                                                       

       

      *
Participant in a recognized Signature Guarantee Medallion Program (or other
signature guarantor acceptable to the Trustee).

       

       

      
        
          
          

        

        
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      SCHEDULE
OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE3

       

      The
following exchanges of a part of this Global Note for an interest in another
Global Note or for a Definitive Note, or exchanges of a part of another Global
Note or Definitive Note for an interest in this Global Note, have been
made:

       

      
        	
                
                  Date
      of

                  Exchange

                

              	
                
                  Amount
      of decrease in Principal Amount of this Global Note

                

              	
                
                  Amount
      of increase in Principal Amount of this Global Note

                

              	
                
                  Principal
      Amount of this Global Note following such decrease (or
      increase)

                

              	
                
                  Signature
      of authorized officer of Trustee or Note
Custodian

                

              
	 
      	 
      	 
      	 
      	 
      

      

        
        

         

          
            

          

        

        
          	
                  3

                	
                  This
      schedule should be included only if the Notes are issued in global
      form.

                

        

      

       

       

      
        
          
          

        

        
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      NOTE
GUARANTEE

       

      For value
received, each of the undersigned hereby guarantees (subject to the
Effectiveness Condition and the limitations in Section 11.03 of the Indenture
but otherwise unconditionally), on a senior basis jointly and severally with
each other guarantor, to the Holder of this Note the cash payments in United
States dollars of principal of, premium, if any, and interest on this Note in
the amounts and at the times when due and interest on the overdue principal,
premium, if any, and interest, if any, of this Note, if lawful, and the payment
or performance of all other Note Obligations of the Company under the Indenture
or this Note, to the Holder of this Note and the Trustee, in accordance with the
Note, Article 11 of the Indenture and this Note Guarantee, including the
terms stated in the Note, the Indenture and this Note
Guarantee.  Capitalized terms used but not defined herein shall have
the meanings ascribed to them in the Indenture dated as of March 19, 2008 among
Charter Communications Operating, LLC, a Delaware limited liability company,
Charter Communications Operating Capital Corp., a Delaware corporation, the
guarantors party thereto and Wilmington Trust Company, as trustee (as amended or
supplemented, the “Indenture”).

       

      THIS NOTE
GUARANTEE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF
THE STATE OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF
CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAW OF ANOTHER
JURISDICTION WOULD BE REQUIRED THEREBY.  Each Guarantor hereby agrees
to submit to the jurisdiction of the courts of the State of New York in any
action or proceeding arising out of or relating to this Note
Guarantee.

       

      This Note
Guarantee is subject to release upon the terms set forth in the
Indenture.

       

       

      
        	
                 
      

              	
                [GUARANTORS]

              

      

       

      By:      
___________________________________________      

                                           Name:

      Title:

       

      

      
        
          
          

        

        
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      EXHIBIT
B

       

       

      [FORM OF
CERTIFICATE TO BE DELIVERED

      IN
CONNECTION WITH TRANSFERS PURSUANT TO RULE 144A]

      

      Charter
Communications Operating, LLC

      Charter
Communications Operating Capital Corp.

      c/o
Charter Communications, Inc.

      12405
Powerscourt Drive, Suite 100

      St.
Louis, Missouri  63131

      

      Wilmington
Trust Company

      Rodney
Square North

      1100 N.
Market Street

      Wilmington,
DE 19890-1615

      Attention:
Corporate Capital Market Services

       

      
        	
                 
      

              	
                Re:

              	
                10.875%
      Senior Second Lien Notes due 2014

              

      

       

       

      Ladies
and Gentlemen:

       

      In
connection with our proposed sale of $________ aggregate principal amount of the
Notes, we hereby certify that such transfer is being effected pursuant to and in
accordance with Rule 144A (“Rule 144A”) under the United
States Securities Act of 1933, as amended (the “Securities Act”), and,
accordingly, we hereby further certify that the Notes are being transferred to a
person that we reasonably believe is purchasing the Notes for its own account,
or for one or more accounts with respect to which such person exercises sole
investment discretion, and such person and each such account is a “qualified
institutional buyer” within the meaning of Rule 144A in a transaction
meeting the requirements of Rule 144A and such Notes are being transferred
in compliance with any applicable blue sky securities laws of any state of the
United States.

       

      You and
the Issuers are entitled to rely upon this letter and are irrevocably authorized
to produce this letter or a copy hereof to any interested party in any
administrative or legal proceedings or official inquiry with respect to the
matters covered hereby.

                 Very
truly yours,

                
________________________________________________________
                [Name of
Transferor]

             By: _____________________________________________________                                                                         

      Authorized
Signature

       

      
 

      
        
          
          

        

        
          B-1

          
            

          

        

        
          
          

        

      

      EXHIBIT
C

       

       

      [FORM OF
CERTIFICATE TO BE DELIVERED

      IN
CONNECTION WITH TRANSFERS

      PURSUANT
TO REGULATION S]

      Charter
Communications Operating, LLC

      Charter
Communications Operating Capital Corp.

      c/o
Charter Communications, Inc.

      12405
Powerscourt Drive, Suite 100

      St.
Louis, Missouri  63131

       

      Wilmington
Trust Company

      Rodney
Square North

      1100 N.
Market Street

      Wilmington,
DE 19890-1615

      Attention:
Corporate Capital Market Services

       

      
        	
                 
      

              	
                Re:

              	
                10.875%
      Senior Second Lien Notes due 2014

              

      

       

       

      Ladies
and Gentlemen:

       

      In
connection with our proposed sale of $________ aggregate principal amount of the
Notes, we confirm that such sale has been effected pursuant to and in accordance
with Regulation S under the United States Securities Act of 1933, as
amended (the “Securities
Act”), and, accordingly, we represent that:

       

      (1)           the
offer of the Notes was not made to a person in the United States;

       

      (2)           either
(a) at the time the buy order was originated, the transferee was outside
the United States or we and any person acting on our behalf reasonably believed
that the transferee was outside the United States or (b) the transaction
was executed in, on or through the facilities of a designated off-shore
securities market and neither we nor any person acting on our behalf knows that
the transaction has been pre-arranged with a buyer in the United
States;

       

      (3)           no
directed selling efforts have been made in the United States in contravention of
the requirements of Rule 903(b) or Rule 904(b) of Regulation S,
as applicable;

       

      (4)           the
transaction is being made in compliance with any applicable securities laws of
any state of the United States or any other applicable jurisdiction;
and

       

      (5)           the
transaction is not part of a plan or scheme to evade the registration
requirements of the Securities Act and not the result of offers or sales
specifically targeted to an identifiable group of U.S. citizens
abroad.

       

      In
addition, if the sale is made during a restricted period and the provisions of
Rule 903(c)(3) or Rule 904(c)(1) of Regulation S are applicable
thereto, we confirm that such sale has been made in accordance with the
applicable provisions of Rule 903(c)(3) or Rule 904(c)(1), as the case
may be.

       

       

      
        
          
          

        

        
          C-1

          
            

          

        

        
          
          

        

      

       

      The
Issuers and you are entitled to rely upon this letter and are irrevocably
authorized to produce this letter or a copy hereof to any interested party in
any administrative or legal proceedings or official inquiry with respect to the
matters covered hereby.  Terms used in this certificate have the
meanings set forth in Regulation S.

       

      
        	
                 
      

              	
                Very
      truly yours,

              

      

                                               

                                                  
____________________________________________________

      [Name of
Transferor]

                                               
By:  ________________________________________________                                                                      

      Authorized
Signature

       

       

      
        
          
          

        

        
          C-2

          
            

          

        

        
          
          

        

      

      EXHIBIT
D

       

       

      [COMPLETE
FORM I OR FORM II AS APPLICABLE.]

       

      [FORM
I – To be used by

       the
owner of a beneficial interest in a Temporary Regulation S Global
Note]

       

      CERTIFICATE
OF BENEFICIAL OWNERSHIP IN CONNECTION WITH EXCHANGES OF TEMPORARY REGULATION S
GLOBAL NOTES

      Charter
Communications Operating, LLC

      Charter
Communications Operating Capital Corp.

      c/o
Charter Communications, Inc.

      12405
Powerscourt Drive, Suite 100

      St.
Louis, Missouri  63131

       

      Wilmington
Trust Company

      Rodney
Square North

      1100 N.
Market Street

      Wilmington,
DE 19890-1615

      Attention:
Corporate Capital Market Services

       

      
        	
                 
      

              	
                Re:

              	
                10.875%
      Senior Second Lien Notes due 2014

              

      

       

       

      Ladies
and Gentlemen:

       

      Reference
is hereby made to the Indenture, dated as of March 19, 2008 (the “Indenture”), among Charter
Communications Operating, LLC (the “Company”), Charter
Communications Operating Capital Corp. (“Capital Corp” and, together
with the Company, the “Issuers”), the guarantors
party thereto and Wilmington Trust Company, as trustee.  Capitalized
terms used but not defined herein shall have the meanings given to them in the
Indenture.

       

      We are
the beneficial owner of $____ principal amount of Notes issued under the
Indenture and represented by a Temporary Regulation S Global Note.

       

      We hereby
certify as follows:

       

      [CHECK
A OR B AS APPLICABLE.]

       

      
        	
                  A.

              	
                We
      are a non-U.S. person (within the meaning of Regulation S under the
      Securities Act).

              

      

       

      
        	
                  B.

              	
                We
      are a U.S. person (within the meaning of Regulation S under the Securities
      Act) that purchased the Notes in a transaction that did not require
      registration under the Securities
Act.

              

      

       

      You are
entitled to rely upon this Certificate and are irrevocably authorized to produce
this Certificate or a copy hereof to any interested party in any administrative
or legal proceeding or official inquiry with respect to the matters covered
hereby.

      
        	
                 
      

              	
                Very
      truly yours,

              

      

      
        	
                 
      

              	
                [NAME
      OF BENEFICIAL OWNER]

              

      

       

       

      
        
          
          

        

        
          D-1

          
            

          

        

        
          
          

        

      

       

      
 

      
        	
                 
      

              	
                By:

              	__________________________________________	 

      

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

      
        	
                 
      

              	
                Address:

              

      

       

      Date:  _________________

       

       

       

      
        
          
          

        

        
          D-2

          
            

          

        

        
          
          

        

      

       

      [FORM
II – To be used by a Person acting on behalf of an owner of a beneficial
interest in a Temporary Regulation Global Note]

       

      CERTIFICATE
OF BENEFICIAL OWNERSHIP IN CONNECTION WITH EXCHANGES OF TEMPORARY REGULATION S
GLOBAL NOTES

      Charter
Communications Operating, LLC

      Charter
Communications Operating Capital Corp.

      c/o
Charter Communications, Inc.

      12405
Powerscourt Drive, Suite 100

      St.
Louis, Missouri  63131

       

      Wilmington
Trust Company

      Rodney
Square North

      1100 N.
Market Street

      Wilmington,
DE 19890-1615

      Attention:
Corporate Capital Market Services

       

      
        	
                 
      

              	
                Re:

              	
                10.875%
      Senior Second Lien Notes due 2014

              

      

       

       

      Ladies
and Gentlemen:

       

      Reference
is hereby made to the Indenture, dated as of March 19, 2008 (the “Indenture”), among Charter
Communications Operating, LLC (the “Company”), Charter
Communications Operating Capital Corp. (“Capital Corp” and, together
with the Company, the “Issuers”), the guarantors
party thereto and Wilmington Trust Company, as trustee.  Capitalized
terms used but not defined herein shall have the meanings given to them in the
Indenture.

       

      This is
to certify that based solely on certifications we have received in writing, by
tested telex or by electronic transmission from institutions appearing in our
records as persons being entitled to a portion of the principal amount of Notes
represented by a Temporary Regulation S Global Note issued under the
above-referenced Indenture, that as of the date hereof, $____ principal amount
of Notes represented by the Temporary Regulation S Global Note being submitted
herewith for exchange is beneficially owned by persons that are either (i)
non-U.S. persons (within the meaning of Regulation S under the Securities Act)
or (ii) U.S. persons that purchased the Notes in a transaction that did not
require registration under the Securities Act.

       

      We
further certify that (i) we are not submitting herewith for exchange any portion
of such Temporary Regulation S Global Note excepted in such certifications and
(ii) as of the date hereof we have not received any notification from any
institution to the effect that the statements made by such institution with
respect to any portion of such Temporary Regulation S Global Note submitted
herewith for exchange are no longer true and cannot be relied upon as of the
date hereof.

       

      You are
entitled to rely upon this Certificate and are irrevocably authorized to produce
this Certificate or a copy hereof to any interested party in any administrative
or legal proceeding or official inquiry with respect to the matters covered
hereby.

      Yours
faithfully,

      [Name of
DTC Participant]

       

       

      
        
          
          

        

        
          D-3

          
            

          

        

        
          
          

        

      

       

       

      
 

      
        	
                 
      

              	
                By:

              	 	 

      

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

      
        	
                 
      

              	
                Address:

              

      

       

      Date:  _________________

       

       

      
        
          
          

        

        
          D-4

          
            

          

        

        
          
          

        

      

      

      

      EXHIBIT
E

      FORM
OF SUPPLEMENTAL INDENTURE

       

      SUPPLEMENTAL
INDENTURE (this “Supplemental
Indenture”), dated as of

       

      .

       

      WHEREAS
Charter Communications Operating, LLC (the “Company”), Charter
Communications Operating Capital Corp. (“Capital Corp”), the
guarantors party thereto and Wilmington Trust Company, as trustee, are parties
to an Indenture (as it may be amended from time to time, the “Indenture”), dated as of
March 19, 2008, relating to the Issuers’ 10.875% Senior Second Lien Notes due
2014 (the “Notes”);

       

      WHEREAS
Section 4.17 of the Indenture requires the Company to cause each Restricted
Subsidiary of the Company that, after the Issue Date, directly or indirectly,
Guarantees or pledges any assets to secure the payment, or otherwise becomes an
obligor with respect to, any Indebtedness under the CCO Credit Facility or
clause (1) of the second paragraph of Section 4.10 of the Indenture or Related
Obligations to execute and deliver to the Trustee a supplemental indenture
pursuant to which such Restricted Subsidiary, as the case may be, shall
guarantee all of the Company’s obligations under the Indenture and the Notes,
subject, however, to the Effectiveness Condition and the limitations set forth
in Section 11.03 of the Indenture.

       

      NOW,
THEREFORE, for good and valuable consideration, the receipt of which is
acknowledged, [INSERT NAME OF NEW GUARANTOR] hereby agrees to guarantee the
Company’s obligations under the Notes on the terms and subject to the conditions
set forth in Article 11 of the Indenture, subject to the Effectiveness Condition
and the limitations set forth in Section 11.03 of the Indenture.  From
and after the date hereof, such entity shall be a Guarantor for all purposes
under the Indenture and the Notes.

       

       

       

      
        
          
          

        

        
          E-1

          
            

          

        

        
          
          

        

      

       

      
         

        IN
WITNESS WHEREOF, each of the undersigned has caused this Supplemental Indenture
to be duly executed as of the date first above written.

      

       

      
        	
                 
      

              	
                [GUARANTORS]

              

      

       

      By:       ____________________________________________________  

      Name:

      Title:

       

      CHARTER
COMMUNICATIONS OPERATING, LLC, as an Issuer

       

      By:        ___________________________________________________ 

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              	
                Vice
      President

              

      

       

      CHARTER
COMMUNICATIONS OPERATING CAPITAL CORP., as an Issuer

       

      By:       ___________________________________________________  

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              	
                Executive
      Vice President

              

      

       

      WILMINGTON
TRUST COMPANY,

      as
Trustee

       

      By:      ___________________________________________________   

      
        	
                 
      

              	
                Name:

              

      

      
        	
                 
      

              	
                Title:

              

      

       

      100405135_9.DOC

       

       

      
        
          
          

        

        
          E-2

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