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Exhibit 4.7
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FIRST SUPPLEMENTAL INDENTURE
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First Supplemental Indenture (this “Supplemental Indenture”), dated as of April 12, 2021, among Consolidated Communications of Pennsylvania Company, LLC, a Delaware limited liability company (the Guaranteeing Subsidiary”), which is a subsidiary of Consolidated Communications, Inc., an Illinois corporation (or its permitted successor) (the “Company”), the Company and Wells Fargo Bank, National Association, a national banking association (or its permitted successor), as trustee and notes collateral agent under the Indenture referred to below (the “Trustee”). Capitalized terms used herein without definition shall have the meanings ascribed to them in the Indenture.
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W I T N E S E T H
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WHEREAS, the Company and the other Guarantors party thereto have heretofore executed and delivered an Indenture, dated as of March 18, 2021 (as amended, supplemented or otherwise modified from time to time, the “Indenture”), providing for the issuance by the Company of its 5.000% Senior Secured Notes due 2028 (the “Notes”);
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WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall, subject to Article 10 of the Indenture, unconditionally guarantee the Notes on the terms and conditions set forth therein (the “Note Guarantee”); and
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WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.
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NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the Company, the Guaranteeing Subsidiary and the Trustee mutually covenant and agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders as follows:
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ARTICLE 1 
DEFINITIONS
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Section 1.1 Defined Terms.  As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recitals hereto are used herein as therein defined. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular Section hereof.
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ARTICLE 2
AGREEMENT TO GUARANTEE
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Section 2.1 Agreement to be Bound.  The Guaranteeing Subsidiary hereby becomes a party to the Indenture as a Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a Guarantor under the Indenture.
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Section 2.2 Guarantee.  The Guaranteeing Subsidiary agrees, on a joint and several basis with all the existing Guarantors, to fully, unconditionally and irrevocably Guarantee to each Holder of the Notes and the Trustee the Guaranteed Obligations pursuant to Article 10 of the Indenture on a senior basis.

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ARTICLE 3 
MISCELLANEOUS
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Section 3.1 Execution and Delivery.  The Guaranteeing Subsidiary agrees that the Note Guarantee shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of the Note Guarantee.
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Section 3.2 Benefits Acknowledged.  The Guaranteeing Subsidiary’s Note Guarantee is subject to the terms and conditions set forth in the Indenture. The Guaranteeing Subsidiary acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to its Note Guarantee and this Supplemental Indenture are knowingly made in contemplation of such benefits.
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Section 3.3 Ratification of Indenture; Supplemental Indentures Part of Indenture.  Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby.
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Section 3.4 Severability.  In case any provision in this Supplemental Indenture 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 and such provision shall be ineffective only to the extent of such invalidity, illegality or unenforceability.
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Section 3.5 Guaranteeing Subsidiary May Consolidate, Etc., on Certain Terms.  The Guaranteeing Subsidiary may not sell or otherwise dispose of all or substantially all of its assets to, or consolidate with or merge with or into, any Person other than as set forth in Section 10.04 of the Indenture.
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Section 3.6   Release.  The Guaranteeing Subsidiary’s Note Guarantee shall be released as set forth in Section 10.05 of the Indenture.
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Section 3.7 No Recourse Against Others.  Pursuant to Section 13.07 of the Indenture, no director, officer, employee, incorporator or stockholder of the Guaranteeing Subsidiary shall have any liability for any obligations of the Guaranteeing Subsidiary under the Notes, the Indenture, this Supplemental Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. This waiver and release are part of the consideration for the Note Guarantee.
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Section 3.8 Governing Law.  THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE.
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Section 3.9 Waiver of Jury Trial.  THE GUARANTEEING SUBSIDIARY HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE, THE INDENTURE, THE NOTES, THE NOTE GUARANTEES OR THE TRANSACTIONS CONTEMPLATED HEREBY.
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Section 3.10   Counterparts.  The parties may sign any number of copies of this Supplemental Indenture (including by electronic transmission).  Each signed copy shall be an original, but all of them together represent the same agreement. The exchange of copies of this Supplemental Indenture and of 

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signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.  This Supplemental Indenture shall be valid, binding, and enforceable against a party when executed and delivered by an authorized individual on behalf of the party by means of (i) an original manual signature; (ii) a faxed, scanned, or photocopied manual signature, or (iii) any other electronic signature permitted by the federal Electronic Signatures in Global and National Commerce Act, state enactments of the Uniform Electronic Transactions Act, and/or any other relevant electronic signatures law, including any relevant provisions of the UCC (collectively, “Signature Law”), in each case to the extent applicable. Each faxed, scanned, or photocopied manual signature, or other electronic signature, shall for all purposes have the same validity, legal effect, and admissibility in evidence as an original manual signature.  Each party hereto shall be entitled to conclusively rely upon, and shall have no liability with respect to, any faxed, scanned, or photocopied manual signature, or other electronic signature, of any other party and shall have no duty to investigate, confirm or otherwise verify the validity or authenticity thereof.  This Supplemental Indenture may be executed in any number of counterparts, each of which shall be deemed to be an original, but such counterparts shall, together, constitute one and the same instrument. For the avoidance of doubt, original manual signatures shall be used for execution or indorsement of writings when required under the UCC or other Signature Law due to the character or intended character of the writings.
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Section 3.11   Effect of Headings.  The Section headings herein are for convenience only and shall not affect the construction hereof.
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Section 3.12   Trustee.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Company.
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[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written.
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Consolidated Communications of PENNSYLVANIA Company, LLC
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By:    /s/ Steven L. Childers​ ​​ ​​ ​​ ​
Name: Steven L. Childers
Title:   Chief Financial Officer
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CONSOLIDATED COMMUNICATIONS, INC.
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By:    /s/ Steven L. Childers​ ​​ ​​ ​​ ​
Name: Steven L. Childers
Title:   Chief Financial Officer
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WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee and Notes Collateral Agent
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By:    /s/ Theresa M. Hempeck​ ​​ ​​ ​
Name:  Theresa M. Hempeck
Title:     Vice President

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Exhibit 4.8
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SUPPLEMENT NO. 1 dated as of April 12, 2021 (this “Supplement”), to the Security Agreement dated as of March 18, 2021 (as supplemented from time to time, the “Security Agreement”), among CONSOLIDATED COMMUNICATIONS, INC., an Illinois corporation (the “Issuer”), CONSOLIDATED COMMUNICATIONS HOLDINGS, INC., a Delaware corporation (“Holdings”), certain subsidiaries of the Issuer listed on Annex A thereto (each such subsidiary and any other subsidiary of the Issuer that may become a party thereto from time to time a “Subsidiary Grantor”, together with the Issuer and Holdings, the “Grantors”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Notes Collateral Agent (in such capacity, the “Notes Collateral Agent”) under the Indenture referred to below for the benefit of the Secured Parties.
A.Reference is made to the Indenture dated as of March 18, 2021 (as modified, amended and supplemented and in effect from time to time, the “Indenture”), among the Issuer, Holdings, the Subsidiary Grantors and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee (in such capacity, the “Trustee”) and as Notes Collateral Agent.
B.Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement.
C.The Grantors have entered into the Security Agreement in order to induce the Trustee and the Notes Collateral Agent to enter into the Indenture.
D.Subsection 9.13 of the Security Agreement provides that each Subsidiary of the Issuer that executes and delivers this Supplement shall become a Grantor, with the same force and effect as if originally named as a Grantor therein, for all purposes of the Security Agreement upon execution and delivery by such Subsidiary of an instrument in the form of this Supplement. Each undersigned Subsidiary (each a “New Grantor”) is executing this Supplement in accordance with the requirements of the Security Agreement to become a Grantor under the Security Agreement.

Accordingly, the Notes Collateral Agent and the New Grantors agree as follows: 
SECTION 1.In accordance with subsection 9.13 of the Security Agreement, each New Grantor by its signature below becomes a Grantor under the Security Agreement with the same force and effect as if originally named therein as a Grantor and each New Grantor hereby (a) agrees to all the terms and provisions of the Security Agreement applicable to it as a Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Grantor thereunder are true and correct on and as of the date hereof. In furtherance of the foregoing, each New Grantor, as security for the payment and performance in full of its Notes Obligations, does hereby bargain, sell, convey, assign, set over, mortgage, pledge, hypothecate and transfer to Notes Collateral Agent for the benefit of the Secured Parties, and hereby grants to the Notes Collateral Agent for the benefit of the Secured Parties, a Security Interest in all of the Collateral of such New Grantor, in each case whether now or hereafter existing or in which now has or hereafter acquires an interest. Each reference to a “Grantor” in the Security Agreement shall be deemed to include each New Grantor. The Security Agreement is hereby incorporated herein by reference.
SECTION 2.Each New Grantor represents and warrants to the Notes Collateral Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.
SECTION 3.This Supplement may be executed by one or more of the parties to this Supplement on any number of separate counterparts (including by facsimile or other electronic transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A set of the copies of this Supplement signed by all the parties shall be lodged with the Notes 

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Collateral Agent and the Issuer.  This Supplement shall become effective as to each New Grantor when the Notes Collateral Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of such New Grantor and the Notes Collateral Agent.
SECTION 4.Each New Grantor hereby represents and warrants that (a) set forth on Schedule I-A attached hereto is a true and correct schedule of the location of any and all Collateral of such New Grantor, (b) set forth on Schedule I-B hereto is (i) the exact legal name of such New Grantor, as such name appears in its respective certificate of incorporation or any other organizational document, (ii) the jurisdiction of formation of such New Grantor, (iii) the chief executive office of such New Grantor, (iv) the type of entity of such New Grantor and (v) the Federal Taxpayer Identification Number and organizational identification number, if any, of such New Grantor and (c) as of the date hereof, (i) Schedule II hereto sets forth all of each New Grantor’s Copyright Licenses, (ii) Schedule III hereto sets forth, in proper form for filing with the United States Copyright Office, all of each New Grantor’s Copyrights (and all applications therefor), (iii) Schedule IV hereto sets forth all of each New Grantor’s Patent Licenses, (iv) Schedule V hereto sets forth, in proper form for filing with the United States Patent and Trademark Office, all of each New Grantor’s Patents (and all applications therefor), (v) Schedule VI hereto sets forth all of each New Grantor’s Trademark Licenses, (vi) Schedule VII hereto sets forth, in proper form for filing with the United States Patent and Trademark Office, all of each New Grantor’s Trademarks (and all applications therefor) and (vii) Schedule VIII hereto sets forth all Commercial Tort Claims of each New Grantor in excess of $10,000,000.
SECTION 5.Except as expressly supplemented hereby, the Security Agreement shall remain in full force and effect.
SECTION 6.THIS SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
SECTION 7.Any provision of this Supplement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof and in the Security Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.
SECTION 8.All notices, requests and demands pursuant hereto shall be made in accordance with Section 13.02 of the Indenture. All communications and notices hereunder to each New Grantor shall be given to it in care of the Issuer at the Issuer’s address set forth in Section 13.02 of the Indenture (or such other address as specified in accordance with Section 13.02 of the Indenture).
SECTION 9.Each New Grantor agrees to reimburse the Notes Collateral Agent for its respective reasonable out-of-pocket expenses in connection with this Supplement, including the reasonable fees, other charges and disbursements of counsel for the Notes Collateral Agent.
SECTION 10. The Issuer hereby authorizes and directs the Notes Collateral Agent to execute and deliver this Supplement to the Security Agreement. The Notes Collateral Agent shall not be responsible in any manner whatsoever for and makes no representation as to the validity or sufficiency of this Supplement to the Security Agreement or in respect of the recitals contained herein, all of which recitals are made solely by the applicable Grantor. The Notes Collateral Agent shall be afforded all the rights, protections, immunities and indemnities contained in the Indenture and Security Agreement as if set forth herein, mutatis mutandis.

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[Signature Pages Follow]
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IN WITNESS WHEREOF, each of the undersigned has duly executed this Supplement to the Security Agreement as of the day and year first above written.
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CONSOLIDATED COMMUNICATIONS OF PENNSYLVANIA COMPANY, LLC
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By:    /s/ Steven L. Childers​ ​​ ​​ ​​ ​
Name: Steven L. Childers
Title: Chief Financial Officer
CONSOLIDATED COMMUNICATIONS, INC.
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By:    /s/ Steven L. Childers​ ​​ ​​ ​​ ​
Name: Steven L. Childers
 Title: Chief Financial Officer
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WELLS FARGO BANK, NATIONAL ASSOCIATION, as NOTES COLLATERAL AGENT
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By:    /s/ Theresa M. Hempeck​ ​​ ​​ ​
  Name: Theresa M. Hempeck
Title : Vice President
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[Signature Page to Supplement No. 2 to Security Agreement]
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SCHEDULE I-A 
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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LOCATIONS OF COLLATERAL
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	Company Name
	Address
	City
	State

	Consolidated Communications of Pennsylvania Company, LLC
	311 Lincoln Avenue
	Bentleyville
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	604-608 Main Street
	Bentleyville
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Washington St
	Cokeburg
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	6517 Mars Road (Criders Corner CO)
	Cranberry Twp
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Freeport Central Office, 305 6th Street
	Freeport
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	4008 Gibsonia Road
	Gibsonia 
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	4008 Gibsonia Road
	Gibsonia 
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	4008 Gibsonia Road Bldg 1
	Gibsonia 
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	4008 Gibsonia Road Bldg 2
	Gibsonia 
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	15 Magnolia Ave
	Marianna
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Mars Central Office, 128 Irvine Street,
	Mars
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Sarver Central Office, 407 Sarver Road, Sarver
	Sarver
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Saxonburg Central Office, 105 W. Main Street
	Saxonburg
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Curtisville Central Office, 38 Hill Street
	Tarentum
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Cooperstown Central Office, 1194 Pittsburgh Road
	Valencia
	PA

	Consolidated Communications of Pennsylvania Company, LLC
	Wexford Central Office, 150 Wexford Bayne Road
	Wexford
	PA

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SCHEDULE I-B
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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NEW GRANTOR INFORMATION
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Legal Name
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Jurisdiction of Formation
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	Location of Chief Executive Office
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Type of Entity
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	Federal Taxpayer Identification Number and Organizational Identification Number

	Consolidated Communications of Pennsylvania Company, LLC
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	Delaware
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	2116 S. 17th Street
Mattoon, IL  61938
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	Corporation
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	TIN: 26-3872130 
OIN: 4621629

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SCHEDULE II 
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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COPYRIGHT LICENSES
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None. 

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SCHEDULE III
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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COPYRIGHTS
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None.
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SCHEDULE IV
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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PATENT LICENSES
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None. 

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SCHEDULE V
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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PATENTS
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None. 

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SCHEDULE VI 
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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TRADEMARK LICENSES
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None. 

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SCHEDULE VII 
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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TRADEMARKS
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	Domestic Trademarks
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	Registered Owner/Grantor
	Trademark
	Registration No.
	Application No.

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	None.
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	Foreign Trademarks
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	Registered Owner/Grantor
	Trademark
	Registration No.
	Application No.
	Country

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None. 
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SCHEDULE VIII
TO SUPPLEMENT NO. 1 TO THE 
U.S. SECURITY AGREEMENT
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COMMERCIAL TORT CLAIMS
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None.

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