Document:

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                                                                    Exhibit 10.6

            STOCKHOLDER'S AGREEMENT, dated as of ___________ ___, 1999, between
Community Health Systems Holdings Corp., a Delaware corporation, and
_______________ (the "Employee").

            WHEREAS, Forstmann Little & Co. Equity Partnership-V, L.P., a
Delaware limited partnership ("Equity-V"), and Forstmann Little & Co.
Subordinated Debt and Equity Management Buyout Partnership-VI, L.P., a Delaware
limited partnership ("MBO-VI"), have subscribed for and purchased shares of
Class A Common Stock;

            WHEREAS, the Employee wishes to subscribe for and purchase and the
Company desires to issue and sell to the Employee authorized but unissued shares
of Class B Common Stock on the terms and subject to the conditions set forth
herein; and

            WHEREAS, the Employee and the Company wish to provide for certain
arrangements with respect to the Employee's rights to hold and dispose of the
shares of Class B Common Stock acquired by the Employee hereunder.

            NOW, THEREFORE, the parties hereto agree as follows:

1.  DEFINITIONS

            1.1  DEFINITIONS; RULES OF CONSTRUCTION.

                  (a) The following terms, as used herein, shall have the
following meanings:

                  "Act" shall mean the Securities Act of 1933, as amended.

                  "Affiliate" shall mean, with respect to any Person, any other
Person which, directly or indirectly, is in control of, is controlled by, or is
under common control with, such Person.

                  "Affiliate Securities" shall mean any securities issued
by an Affiliate of the Company.

                  "Aggregate Number of Acquired Shares" shall mean the aggregate
number of shares of Class B Common Stock acquired by the Employee pursuant
hereto (adjusted, where appropriate, to reflect any Capital Transaction).
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                  "Aggregate Number of Shares Sold" shall mean, as at any date,
the aggregate number of shares sold by the Employee pursuant to Section 3.3, 3.4
or 3.5 hereof prior to such date, if any (adjusted, where appropriate, to
reflect any Capital Transaction effected after the date of any such sale).

                  "Agreement" shall mean this Stockholder's Agreement, as
amended, supplemented or modified from time to time.

                  "Book Value of the Company" shall mean the sum, as of the
Valuation Date, of (i) the total assets minus the total liabilities of the
Company on a consolidated basis, plus (ii) the amount of any reduction in
stockholders' equity of the Company resulting from the application of EITF Issue
Summary No. 88-16, Basis in Leveraged Buyout Transactions, plus (iii) the
aggregate amount of amortization from July 1, 1996 through the Valuation Date of
the goodwill recorded as of July 1, 1996 (as adjusted from time to time) in
connection with the acquisition of Community Health Systems, Inc. by the Company
(the "Acquisition Goodwill"), plus (iv) the amount of $146,960,000 (representing
the December 1998 impairment charge of $164,833,000 less the related tax benefit
of $17,873,000), less the aggregate amount of depreciation and amortization
(less the related tax benefit), other than amortization of the Acquisition
Goodwill, that would have been recorded from January 1, 1999 through the
Valuation Date had the impairment charge not been recorded in December 1998
(i.e., assuming there had been no impairment of the assets), plus (v) the amount
of $20,000,000 (representing the provision for excess reimbursement recorded in
1998) and the amount of any additional related provision for excess
reimbursement recorded in 1999, less any related tax benefit, to the extent
recorded in the Company's financial statements through the Valuation Date, plus
(vi) the aggregate principal amount outstanding at the Valuation Date of loans
made to employees to purchase Class B Common Stock, to the extent recorded as a
reduction of stockholders' equity of the Company. For purposes of calculating
the Book Value of the Company and the Book Value Per Share, (x) all options and
other rights to acquire equity interests in the Company outstanding immediately
prior to the Delivery Date or exercised between the Valuation Date and the
Delivery Date shall be deemed to have been exercised on the Valuation Date, and
(y) the number of outstanding shares on the Valuation Date shall be increased by
the number of shares subject to each such option or other right and the assets
of the Company shall be increased by the aggregate exercise price payable in
respect of the exercise of each such option or other right (with respect to
clauses (x) and (y), in the case of any such option or other right unless the
effect thereof would be to increase the Book Value Per Share).

                  "Book Value Per Share" shall mean (i) the amount which would
be payable on the Valuation Date in respect of one share of Class B Common Stock
in the event of a dissolution, liquidation or winding-up of the affairs of the
Company if the

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amount of assets available for distribution in the event of such dissolution,
liquidation or winding-up with respect to all shares of capital stock of the
Company outstanding (or deemed to be outstanding, as set forth above in the
definition of "Book Value of the Company") on the Valuation Date were equal to
the Book Value of the Company, plus (ii) the excess, if any, of $400.00 over the
amount determined pursuant to clause (i), up to a maximum of $42.16 (the amounts
$400.00 and $42.16 being adjusted to reflect any Capital Transaction between the
date hereof and the Valuation Date). In the event there has been a Stock
Dividend after the Valuation Date and prior to the Election Date, the number of
shares outstanding for purposes of determining Book Value Per Share shall be the
number of shares that would have been outstanding immediately after the Stock
Dividend on the Valuation Date had the Stock Dividend occurred on the Valuation
Date.

                  "Call Shares" shall have the meaning ascribed to such term in
Section 3.2(d) hereof.

                  "Capital Transaction" shall mean any Stock Dividend,
recapitalization (including, without limitation, any special dividend or
distribution), reclassification, spin-off, partial liquidation or similar
capital adjustments (including, without limitation, through merger or
consolidation).

                  "Certificate of Incorporation" shall mean the Restated
Certificate of Incorporation of the Company, as in effect from time to time.

                  "CHS Hospital" shall have the meaning ascribed to such term in
the definition of Competitor.

                  "Class A Common Stock" shall mean the Class A Common Stock,
par value $0.01 per share, of the Company. There shall be included within the
term Class A Common Stock any Class A Common Stock now or hereafter authorized
to be issued, and any and all securities of any kind whatsoever of the Company
which may be issued after the date hereof in respect of, or in exchange for,
shares of Class A Common Stock pursuant to a Capital Transaction or otherwise.

                  "Class B Common Stock" shall mean the Class B Nonvoting Common
Stock, par value $0.01 per share, of the Company. There shall be included within
the term Class B Common Stock any Class B Common Stock now or hereafter
authorized to be issued, and any and all securities of any kind whatsoever of
the Company which may be issued after the date hereof in respect of, or in
exchange for, shares of Class B Common Stock pursuant to a Capital Transaction
or otherwise. Without limiting the generality of the foregoing, all references
herein to the Class B Common Stock shall include, and the provisions hereof
(including, without limitation,

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Sections 3 and 4 hereof) shall also be applicable to, the Class A Common Stock
for which the Class B Common Stock shall be exchanged pursuant to the
Certificate of Incorporation.

                  "Closing" shall have the meaning ascribed to such term in
Section 3.2(d) hereof.

                  "Closing Date" shall have the meaning ascribed to such
term in Section 2.2. hereof.

                  "Company" shall mean Community Health Systems Holdings Corp.,
a Delaware corporation, and shall include any successor thereto by merger,
consolidation, acquisition of substantially all the assets thereof, or
otherwise.

                  "Competitive Activity" shall mean engaging in any of the
following activities: (i) serving as a director of any Competitor; (ii) directly
or indirectly (X) controlling any Competitor or (Y) owning any equity or debt
interests in any Competitor (other than equity or debt interests which are
publicly traded and do not exceed 2% of the particular class of interests then
outstanding) (it being understood that, if any such interests in any Competitor
are owned by an investment vehicle or other entity in which the Employee owns an
equity interest, a portion of the interests in such Competitor owned by such
entity shall be attributed to the Employee, such portion determined by applying
the percentage of the equity interest in such entity owned by the Employee to
the interests in such Competitor owned by such entity); (iii) directly or
indirectly soliciting, diverting, taking away, appropriating or otherwise
interfering with any of the customers or suppliers of the Company or any
Affiliate controlled by the Company; or (iv) employment by (including serving as
an officer of), or providing consulting services to, any Competitor; provided,
however, that if the Competitor has more than one discrete and readily
distinguishable part of its business, employment by or providing consulting
services to any Competitor shall be Competitive Activity only if (1) his or her
employment duties are at or involving the part of the Competitor's business that
competes with any of the businesses conducted by the Company or any of its
subsidiaries (the "Competing Operations"), including serving in a capacity where
any person at the Competing Operations reports to the Employee, or (2) the
consulting services are provided to or involve the Competing Operations. For
purposes of this definition, the term "control" means the possession, directly
or indirectly, of the power to direct or cause the direction of the management
and policies of any Competitor, whether through the ownership of equity or debt
interests, by contract or otherwise. Notwithstanding the foregoing, the Employee
shall not be deemed to be engaged in a Competitive Activity so long as his or
her employment duties are not at or involving any general acute care hospital
located within a 50-mile radius of any CHS Hospital (a

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"Competing Hospital"), including serving in a capacity where any person at the
Competing Hospital reports to the Employee. For purposes hereof, a person shall
be deemed to report to the Employee whether he or she reports directly to the
Employee or indirectly through one or more other persons.

                  "Competitor" shall mean any Person that is engaged in owning,
operating or acquiring directly or indirectly (through a corporation, trust,
partnership or other Person) one or more short-term, general acute care
hospitals located within a 50-mile radius of any hospital which, at the time the
Employee is Terminated, is owned or operated by the Company or any of its
subsidiaries or which the Company or any of its subsidiaries intend to own,
operate or acquire (which intention was disclosed to the Employee prior to or in
connection with his Termination) (a "CHS Hospital").

                  "Delivery Date" shall have the meaning ascribed to such term
in Section 3.2(b) hereof.

                  "Election Date" shall have the meaning ascribed to such term
in Section 3.2(a) hereof.

                  "Equity-V" shall have the meaning ascribed to such term in the
first "Whereas" clause hereof.

                  "Exchange Rate" shall have the meaning ascribed to such term
in Section 3.3 hereof.

                  "Expenses of Sale" shall mean all expenses incurred by the FL
& Co. Companies in connection with the sale of the shares of the selling
stockholders pursuant to Section 3.3, 3.4 or 3.5 hereof to the extent that such
expenses are not paid or reimbursed by the Company.

                  "FL & Co. Companies" shall mean the collective reference
to Equity-V and MBO-VI.

                  "Legal Representative" shall mean the guardian, executor,
administrator or other legal representative of the Employee. All references
herein to the Employee shall be deemed to include references to the Employee's
Legal Representative, if any, unless the context otherwise requires.

                  "Litigation" shall mean any actions, suits or proceedings
arising out of or relating to this Agreement and the transactions contemplated
hereby.
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                  "MBO-VI" shall have the meaning ascribed to such term in the
first "Whereas" clause hereof.

                  "Permitted Transferee" shall have the meaning ascribed to such
term in Section 3.1 hereof.

                  "Person" shall mean an individual, a corporation, a
partnership, an association, a trust or any other entity or organization,
including a government or political subdivision or an agency or instrumentality
thereof.

                  "Prohibited Activity" shall have the meaning ascribed to such
term in Section 4.1 hereof.

                  "Promissory Note" shall mean any promissory note executed and
delivered by the Employee to evidence the Employee's loan from the Company to
finance in part the Employee's purchase of shares of Class B Common Stock
hereunder.

                  "Purchase Closing" shall have the meaning ascribed to such
term in Section 2.2 hereof.

                  "Purchase Price" shall have the meaning ascribed to such term
in Section 3.2(c) hereof.

                  "Purchase Price Certificate" shall have the meaning ascribed
to such term in Section 3.2(b) hereof.

                  "Quarter" shall mean a three-month period, with the first
Quarter ending on the three-month anniversary date of the Closing Date and each
subsequent Quarter ending on the three-month anniversary date of the preceding
Quarter.

                  "Release Date" shall mean the date on which the FL & Co.
Companies and their affiliates shall cease to own in the aggregate directly or
indirectly at least 25 percent of the then outstanding securities of the Company
having the power to vote in the election of directors of the Company.

                  "Representative" shall have the meaning ascribed to such
term in Section 6.13(b).

                  "Repurchase Notice" shall have the meaning ascribed to such
term in Section 4.2 hereof.
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                  "Sale Obligations" shall mean any liabilities and obligations
(including liabilities and obligations for indemnification, amounts paid into
escrow and post-closing adjustments) incurred by the selling stockholders in
connection with the sale of their shares pursuant to Section 3.3, 3.4 or 3.5
hereof.

                  "Scheduled Closing Date" shall have the meaning ascribed to
such term in Section 3.2(d) hereof.

                  "Stock Dividend" shall mean any stock split, stock dividend,
reverse stock split or similar transaction which changes the number of
outstanding shares of capital stock of the Company.

                  "Stock Pledge Agreement" shall mean the stock pledge agreement
which the Employee is entering into with the Company in connection with the
financing in part of the Employee's purchase of shares of Class B Common Stock
hereunder.

                  "Termination" or "Terminated" shall mean that the Employee's
employment on a full-time basis by the Company and its subsidiaries shall have
ceased for any reason whatsoever (including by reason of death, permanent
disability or adjudicated incompetency).

                  "Third Party" shall mean any Person other than any FL &
Co. Company or an Affiliate or a partner of any of the FL & Co. Companies
or an Affiliate of such partner.

                  "Transaction" shall mean any sale pursuant to
Section 3.3, 3.4 or 3.5 hereof.

                  "Unvested Shares" shall mean, as at any date, all shares of
Class B Common Stock owned by the Employee which are not Vested Shares as of
such date.

                  "Valuation Date" shall mean the last day of the fiscal quarter
of the Company immediately preceding the fiscal quarter in which the Employee's
employment is Terminated, unless the Employee's shares of Class B Common Stock
are being repurchased (i) pursuant to Section 3.2 hereof by reason of the
Employee's having voluntarily Terminated his employment or (ii) pursuant to
Section 4.2 hereof, in either of which events "Valuation Date" shall mean the
last day of the fiscal year of the Company immediately preceding the fiscal year
in which the Employee's employment is Terminated.
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                  "Vested Shares" shall mean the number of shares of Class B
Common Stock determined as follows: (i) if the Employee is Terminated on or
before the first anniversary of the Closing Date, zero; and (ii) if the Employee
is Terminated after the first anniversary of the Closing Date, then by (A)
multiplying (x) the number of full Quarters that have elapsed from the Closing
Date to the date of Termination (but in no event exceeding 20 Quarters) by (y)
5% of the Aggregate Number of Acquired Shares, and subtracting therefrom (B) the
Aggregate Number of Shares Sold. The Employee shall be considered as having been
employed for a full Quarter only if the Employee is employed through the
applicable Quarterly anniversary date. For example, if the Employee is
Terminated on the second anniversary of the Closing Date, the Employee would
have been employed for seven full Quarters and his Vested Shares would equal (A)
35% of the Aggregate Number of Acquired Shares minus (B) the Aggregate Number of
Shares Sold, and if the Employee is Terminated on the day after the second
anniversary of the Closing Date, the Employee would have been employed for eight
full Quarters and his Vested Shares would equal (A) 40% of the Aggregate Number
of Acquired Shares minus (B) the Aggregate Number of Shares Sold.

                  (b) In this Agreement, unless the context otherwise requires,
words in the singular number or in the plural number shall each include the
singular number and the plural number.

2. PURCHASE AND SALE OF CLASS B COMMON STOCK.

            2.1 SUBSCRIPTION OF CLASS B COMMON STOCK. The Employee hereby
subscribes for the number of shares of Class B Common Stock set forth opposite
the Employee's name on Annex A hereto, at a price of $400.00 per share in cash.

            2.2 CLOSING OF THE PURCHASE AND SALE. The closing of the
transactions contemplated hereby (the "Purchase Closing") shall take place at
the offices of Fried, Frank, Harris, Shriver & Jacobson, One New York Plaza, New
York, New York, 10004, at such time as the Company shall designate on the date
hereof (the "Closing Date"). At the Purchase Closing, the Company shall deliver
to the Employee a duly executed certificate representing the number of shares of
Class B Common Stock being purchased by the Employee and shall enter the
Employee's name on the books of the Company as the stockholder of record of such
shares of Class B Common Stock as of the Closing Date. At or prior to the
Purchase Closing, the Employee shall deliver to the Company an amount equal to
the aggregate purchase price for such shares, by wire transfer or other
immediately available funds to the account of the Company at Chase Manhattan
Bank (ABA Number 021 000 021), 270 Park Avenue, New York, NY 10017, account
number 323-054439 and by an executed Promissory Note, together with an executed
Stock Pledge Agreement, in the respective amounts set forth on Annex A.
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3. RIGHTS AND RESTRICTIONS ON CLASS B COMMON STOCK.

            3.1 NO SALE OR TRANSFER.

                (a) The Employee shall not sell, transfer, assign, exchange,
pledge, encumber or otherwise dispose of any shares of Class B Common Stock
acquired hereunder or grant any option or right to purchase such shares or any
legal or beneficial interest therein, except in accordance with the provisions
of this Agreement and the Stock Pledge Agreement.

                (b) The Employee may transfer any shares of Class B Common Stock
acquired hereunder by will, but only to:

                  (i) any spouse, parent, child (whether natural or adopted),
            grandchild, brother or sister of the Employee, or

                  (ii) a trust solely for the benefit of any spouse, parent,
            child (whether natural or adopted), grandchild, brother or sister of
            the Employee, or

                  (iii) any corporation or partnership which is controlled by
            any spouse, parent, child (whether natural or adopted), grandchild,
            brother or sister of the Employee

(the person or persons to which shares of Class B Common Stock are transferred
in accordance with this Section 3.1(b) being herein referred to as the
"Permitted Transferee"); provided, that, for any transfer to the Permitted
Transferee to be effective hereunder, the Permitted Transferee (which, in the
case of a trust, shall include each person having authority to sell or dispose
of such shares of Class B Common Stock proposed to be transferred to the trust)
shall agree in writing to be bound by all the terms of this Agreement applicable
to the Employee (including, without limitation, Sections 4 and 6.13(b) hereof)
and the Promissory Note and the Stock Pledge Agreement as if the Permitted
Transferee originally had been a party hereto and thereto; and provided,
further, that all of the stockholders of any Permitted Transferee that is a
corporation and all of the partners of any Permitted Transferee that is a
partnership shall agree in writing not to transfer any shares they then own or
may hereafter acquire in the corporate Permitted Transferee or any partnership
interests they then own or may hereafter acquire in the partnership Permitted
Transferee except to a person described in paragraph (i), (ii) or (iii) above
that has made the same agreement in writing to the Company, so long as the
corporate or partnership Permitted Transferee shall own any shares of Class B

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Common Stock. Any reference herein to the Employee shall be to the Permitted
Transferee from and after the date the transfer is effected in accordance with
this Section 3.1(b). Without limiting the generality of the foregoing, the
provisions of Section 4.2 hereof shall be likewise applicable to any Permitted
Transferee, commencing upon the date that such person becomes a Permitted
Transferee, for the respective periods they would have applied to the Employee.

            3.2 EMPLOYMENT TERMINATION.

                  (a) If the Employee shall be Terminated, irrespective of
whether the Employee receives, in connection with such Termination, any
severance or other payment from the Company or any of its Affiliates under any
employment agreement or otherwise, the Company shall have the right, at its
option, exercisable by delivery of written notice to the Employee within 90 days
following the date of Termination (the date of delivery of such written notice
being referred to herein as the "Election Date"), to purchase all or any portion
of the Unvested Shares held by the Employee as of the date of such Termination.
Any Vested Shares and any Unvested Shares that the Company does not elect to
repurchase pursuant to the provisions of this Section 3.2(a) shall continue to
be subject to the provisions of this Agreement (including, without limitation,
Sections 3.3, 3.4, 3.5 and 4 hereof) other than this Section 3.2.

                  (b) If the Company exercises its purchase right pursuant to
Section 3.2(a) hereof, then, within 15 days following the later of the Election
Date or the date the financial statements referred to below are available (such
date of delivery being referred to herein as the "Delivery Date"), the Company
shall deliver to the Terminated Employee a certificate of the chief financial
officer of the Company setting forth the Purchase Price and the calculation
thereof and the Book Value of the Company and stating that a copy of the
Company's financial statements as of the Valuation Date are available for review
at the principal office of the Company (the "Purchase Price Certificate"), and
shall make available to the Employee, for review at the principal office of the
Company, a copy of the Company's financial statements as of the Valuation Date.
The Purchase Price Certificate shall be accompanied by a report from the
Company's independent public accountants to the effect that they have performed
certain procedures, which procedures have agreed the amounts shown on the
Purchase Price Certificate to the relevant financial statements and information
and have verified the mathematical accuracy of the calculations set forth in the
Purchase Price Certificate. The calculations as set forth on the Purchase Price
Certificate shall be final and binding on the Company and the Employee for
purposes of this Agreement. The Employee shall keep the Purchase Price
Certificate, the accountants' report, the financial statements and any other
documentation provided in connection therewith confidential, shall not use any
such material or any information contained therein for any purpose other than to
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verify the amounts due the Employee in respect of any shares owned by the
Employee being purchased by the Company, and shall not disclose any such
material or any information contained therein to anyone other than the
Employee's legal or financial advisers who have agreed in writing to the
equivalent confidentiality, non-use and non-disclosure provisions contained in
this paragraph.

                  (c) The purchase price per share of the shares of Class B
Common Stock purchased pursuant to Section 3.2(a) hereof (the "Purchase Price")
shall be equal to the Book Value Per Share, adjusted to reflect any Capital
Transaction between the Valuation Date and the Election Date, as if such event
had occurred as of the Valuation Date.

                  (d) Subject to Section 3.2(e) hereof, the closing (the
"Closing") of any purchase of shares of Class B Common Stock which the Company
has elected to purchase pursuant to Section 3.2(a) hereof (the "Call Shares")
shall take place at the principal office of the Company on the later of (i) 10
days after the Delivery Date (or, in the case of a First-Year Termination, 10
days after the Election Date) and (ii) (if applicable) 10 days after the
appointment of a Legal Representative (such later date, the "Scheduled Closing
Date"). At the Closing, the Employee shall sell, convey, transfer, assign and
deliver to the Company all right, title and interest in and to the Call Shares,
which shall constitute (and, at the Closing, the Employee shall certify the same
to the Company in writing) good and unencumbered title to such shares, free and
clear of all liens, security interests, encumbrances and adverse claims of any
kind and nature (other than those in favor of the Company and the FL & Co.
Companies pursuant to this Agreement), and shall deliver to the Company a
certificate representing the shares duly endorsed for transfer, or accompanied
by appropriate stock transfer powers duly executed, and with all necessary
transfer tax stamps affixed thereto at the expense of the Employee, and the
Company shall deliver to the Employee, in full payment of the purchase price for
the Call Shares, either a wire transfer to an account designated by the Employee
or a cashier's, certified or official bank check payable to the order of the
Employee (the method of payment to be at the option of the Company), in the
amount equal to the Purchase Price multiplied by the number of Call Shares.
Notwithstanding anything herein to the contrary, from and after the Election
Date, the Employee shall not have any rights with respect to any of the Call
Shares (including any rights pursuant to Sections 3.3 and 3.4 hereof), except to
receive the Purchase Price therefor.

                  (e) Notwithstanding the provisions of Section 3.2(d) hereof,
if the Company exercises its option to purchase Unvested Shares pursuant to
Section 3.2(a) hereof, but is prohibited from effecting the Closing on the
Scheduled Closing Date by any contractual obligation of the Company or any of
its Affiliates or by applicable law, then the Closing shall take place on the
first practicable date on which the Company is

<PAGE>

permitted to purchase such shares, and, at the Closing, the Company shall pay to
the Employee interest on the unpaid Purchase Price from and including the
Scheduled Closing Date to, but not including, the date of the Closing, at the
rate (as of the Scheduled Closing Date) for a six-month certificate of deposit
at Chase Manhattan Bank or any successor bank thereto. If at any time the
prohibition shall cease to be applicable to any portion of the shares not
repurchased, then the Company shall purchase such portion on the first
practicable date on which the Company is permitted to do so. The Company shall
not declare or pay any dividend of cash or cash equivalents, or repurchase any
shares of Class A Common Stock or Class B Common Stock for cash or cash
equivalents, until the purchase price for all of the Call Shares has been paid
in full.

            3.3 PARTICIPATION IN SALE OF CLASS A COMMON STOCK. The Employee, at
the Employee's option, may participate proportionately (and the FL & Co.
Companies shall allow the Employee to participate proportionately) in any sale
(other than a public offering, which shall be governed by Section 3.4 hereof) of
all or a portion of the shares of Class A Common Stock owned by either of the FL
& Co. Companies to any Third Party by (a) exchanging the same percentage of the
Employee's shares of Class B Common Stock as the FL & Co. Companies propose to
sell of their shares to the Third Party (determined on the basis of the
aggregate number of such shares of Class A Common Stock owned, and the aggregate
number of such shares being sold, by the FL & Co. Companies) for shares of Class
A Common Stock in accordance with the Exchange Rate, as defined in Subsection
4(d) of Section A of Article Fourth of the Certificate of Incorporation (the
"Exchange Rate"), and (b) selling the Class A Common Stock received in such
exchange to the Third Party. The Company shall notify the Employee in writing of
the FL & Co. Companies' intention to effect such a sale to a Third Party, the
identity of the Third Party and the nature and per share amount of consideration
to be paid by the Third Party, and shall set forth its calculation of the
Exchange Rate, at least 10 days, or such shorter time as the Company deems
practicable, before the closing of any such proposed sale of shares of Class A
Common Stock. Schedule I hereto sets forth an example illustrating the
calculation of the Exchange Rate. Any sale of shares of Class A Common Stock by
the Employee pursuant to this Section 3.3 shall be for the same consideration
per share, on the same terms and subject to the same conditions as the sale of
shares of Class A Common Stock owned by the FL & Co. Companies. The Company
shall, immediately prior to, and contingent upon, the consummation of such sale,
exchange such shares of Class B Common Stock for Class A Common Stock in
accordance with the Exchange Rate. If the Employee sells any shares pursuant to
this Section 3.3, the Employee shall pay and be responsible for the Employee's
proportionate share of the Expenses of Sale and the Sale Obligations.

            3.4 PARTICIPATION IN PUBLIC OFFERING OF CLASS A COMMON STOCK.
<PAGE>

                  (a) If the FL & Co. Companies propose to sell all or any
portion of the shares of Class A Common Stock owned by the FL & Co. Companies in
a public offering, the Employee shall be entitled and required to participate in
such public offering by selling in the public offering the same percentage of
the Employee's shares of Class A Common Stock (such Class A Common Stock having
been or being received by him pursuant to the Certificate of Incorporation,
which provides that, upon the initial public offering of shares of Class A
Common Stock, immediately prior to, and contingent upon, the consummation of the
offering, all outstanding shares of Class B Common Stock shall be exchanged for
shares of Class A Common Stock in accordance with the Exchange Rate) as the FL &
Co. Companies propose to sell of their shares in the public offering (determined
on the basis of the aggregate number of shares of Class A Common Stock owned,
and the aggregate number of such shares being sold, by the FL & Co. Companies).
The Company shall notify the Employee in writing of the FL & Co. Companies'
intention to effect such public offering at least 10 days, or such shorter time
as the Company deems practicable, before the filing with the Securities and
Exchange Commission of the registration statement relating to such public
offering and shall cause the Employee's shares to be sold in such public
offering to be included therein. If the Employee sells any shares pursuant to
this Section 3.4, the Employee shall pay and be responsible for the Employee's
proportionate share of the Expenses of Sale and the Sale Obligations, including,
without limitation, indemnifying the underwriters of such public offering, on a
proportionate basis, to the same extent as the FL & Co. Companies are required
to indemnify such underwriters.

                  (b) In connection with any proposed public offering of
securities of the Company, whether by any of the FL & Co. Companies or the
Company or otherwise, the Employee agrees (i) to supply any information
reasonably requested by the Company in connection with the preparation of a
registration statement and/or any other documents relating to such public
offering, and (ii) to execute and deliver any agreements and instruments
reasonably requested by the Company to effectuate such public offering,
including, without limitation, an underwriting agreement, a custody agreement
and a "hold back" agreement pursuant to which the Employee will agree not to
sell or purchase any securities of the Company (whether or not such securities
are otherwise governed by this Agreement) for the same period of time following
the public offering as is agreed to by the FL & Co. Companies with respect to
themselves. If the Company requests that the Employee take any of the actions
referred to in clause (i) or (ii) of the previous sentence, the Employee shall
take such action promptly but in any event within five days following the date
of such request.

            3.5 REQUIRED PARTICIPATION IN SALE OF CLASS A COMMON STOCK BY THE FL
& CO. COMPANIES. Notwithstanding any other provision of this Agreement to the
contrary, if the FL & Co. Companies shall propose to sell (including by
exchange, in a

<PAGE>

business combination or otherwise) all or any portion of their shares of Class A
Common Stock in a bona fide arm's-length transaction, the FL & Co. Companies, at
their option, may require that (x) the Employee exchange the same percentage of
the Employee's shares of Class B Common Stock as the FL & Co. Companies propose
to sell of their shares in the transaction (determined on the basis of the
aggregate number of shares of Class A Common Stock owned, and the aggregate
number of such shares being sold, by the FL & Co. Companies) for shares of Class
A Common Stock in accordance with the Exchange Rate, and (y) sell all the Class
A Common Stock received in such exchange for the same consideration per share,
on the same terms and subject to the same conditions in the same transaction
and, if stockholder approval of the transaction is required and the Employee is
entitled to vote thereon, that the Employee vote the Employee's shares in favor
thereof. The Company shall calculate the Exchange Rate and shall, immediately
prior to, and contingent upon, the consummation of the transaction exchange such
shares of Class B Common Stock for Class A Common Stock in accordance with the
Exchange Rate. If the Employee sells any shares pursuant to this Section 3.5,
the Employee shall pay and be responsible for the Employee's proportionate share
of the Expenses of Sale and the Sale Obligations.

            3.6 TERMINATION OF RESTRICTIONS AND RIGHTS. Notwithstanding any
other provision of this Agreement to the contrary, but subject to the
restrictions of all applicable federal and state securities laws, including the
restrictions in this Agreement relating thereto, from and after the Release Date
any and all shares of Class B Common Stock owned by the Employee (a) may be
sold, transferred, assigned, exchanged, pledged, encumbered or otherwise
disposed of (and the Employee may grant any option or right to purchase such
shares or any legal or beneficial interest therein, or may continue to hold such
shares), free of the restrictions contained in this Agreement and (b) shall no
longer be entitled to any of the rights contained in this Agreement. Without
limiting the generality of the foregoing, from and after the Release Date, the
provisions of Articles 3 and 4 hereof (other than this Section 3.6 and Section
4.1 hereof) shall terminate and have no further force or effect.

4. PROHIBITED ACTIVITIES.

            4.1 PROHIBITION AGAINST CERTAIN ACTIVITIES. The Employee agrees that
(a) the Employee will not at any time during the Employee's employment (other
than in the course of such employment) with the Company or any Affiliate
thereof, or after a Termination, directly or indirectly disclose or furnish to
any other Person or use for the Employee's own or any other Person's account any
confidential or proprietary knowledge or information or any other information
which is not a matter of public knowledge and which was obtained in the course
of the Employee's employment with, or other performance of services for, the
Company or any Affiliate thereof or any

<PAGE>

predecessor of any of the foregoing, no matter from where or in what manner the
Employee may have acquired such knowledge or information, and the Employee shall
retain all such knowledge and information in trust for the benefit of the
Company, its Affiliates and the successors and assigns of any of them, (b) if
the Employee is Terminated, the Employee will not for 18 months following such
Termination directly or indirectly solicit for employment, including without
limitation recommending to any subsequent employer the solicitation for
employment of, any employee of the Company (other than such Employee's secretary
or administrative assistant), (c) the Employee will not at any time during the
Employee's employment with the Company or any Affiliate thereof or after a
Termination publish any statement or make any statement (under circumstances
reasonably likely to become public or that the Employee might reasonably expect
to become public) critical of the Company or any Affiliate of the Company, or in
any way adversely affecting or otherwise maligning the business or reputation of
any of the foregoing entities, and (d) the Employee will not breach the
provisions of Section 3.1 hereof (any activity prohibited by clause (a), (b),
(c) or (d) of this Section 4.1 being referred to as a "Prohibited Activity").

            4.2 RIGHT TO PURCHASE SHARES. The Employee understands and agrees
that the Company has granted to the Employee the right to purchase shares of
Class B Common Stock to reward the Employee for the Employee's future efforts
and loyalty to the Company and its Affiliates by giving the Employee the
opportunity to participate in the potential future appreciation of the Company.
Accordingly, (a) if the Employee engages in any Prohibited Activity, or (b) if,
at any time during the Employee's employment with the Company or any of its
Affiliates or during the 18 months following a Termination, the Employee engages
in any Competitive Activity, or (c) if, at any time (whether during the
Employee's employment or after any Termination thereof), the Employee is
convicted of a crime against the Company or any of its Affiliates, then, in
addition to any other rights and remedies available to the Company, the Company
shall be entitled, at its option, exercisable by written notice (the "Repurchase
Notice") to the Employee, to purchase all of the shares of Class B Common Stock
then held by the Employee.

            4.3 PURCHASE PRICE; CLOSING. The purchase price per share of the
shares of Class B Common Stock purchased pursuant to this Article 4 shall be
equal to the lesser of (a) $357.84 (adjusted to reflect any Capital Transaction
effected after the Closing Date and prior to the date of the Repurchase Notice)
and (b) the Book Value Per Share (except that any reference to the Delivery Date
or Election Date shall instead be a reference to the date of the Repurchase
Notice). If such purchase price is determined pursuant to clause (b) of the
preceding sentence, then the Company shall, within 15 days following the later
of receipt of the Employee's written request therefor (which request must be
made within eight days of the date of the Repurchase Notice) and the date the

<PAGE>

relevant financial statements are available, provide the Employee with the same
purchase price certificate and report of the Company's independent public
accountants as are referred to in Section 3.2(b) hereof, and the Employee hereby
agrees to the same confidentiality, non-use and non-disclosure provisions with
respect thereto as are contained in Section 3.2(b) hereof. The calculations as
set forth on such certificate shall be final and binding on the Company and the
Employee for purposes of this Agreement. The closing of such purchase shall take
place at the principal office of the Company 10 days following the date of the
Repurchase Notice or, if a written request therefor was timely made, 10 days
following the date of delivery of the aforesaid certificate and report, except
that if the Company is prohibited from repurchasing any shares of Class B Common
Stock pursuant to this Article 4 by any contractual obligation of the Company or
any of its Affiliates or by applicable law, the closing of such purchase shall
take place on the first practicable date on which the Company is permitted to
purchase such shares (and the provisions of the last two sentences of Section
3.2(e) shall likewise apply to repurchases pursuant to this Article 4). At such
closing, the Employee shall sell, convey, transfer, assign and deliver to the
Company all right, title and interest in and to the shares of Class B Common
Stock being purchased by the Company, which shall constitute (and, at the
closing, the Employee shall certify the same to the Company in writing) good and
unencumbered title to such shares, free and clear of all liens, security
interests, encumbrances and adverse claims of any kind and nature (other than
those in favor of the Company and the FL & Co. Companies pursuant to this
Agreement), and shall deliver to the Company a certificate representing the
shares duly endorsed for transfer, or accompanied by appropriate stock transfer
powers duly executed, and with all necessary transfer tax stamps affixed thereto
at the expense of the Employee, and the Company shall deliver to the Employee,
in full payment of the purchase price payable pursuant to this Section 4.3 for
the shares of Class B Common Stock purchased, a check payable to the order of
the Employee, in the amount of the aggregate purchase price for the shares
purchased. Notwithstanding anything herein to the contrary, from and after the
date of the Repurchase Notice, the Employee shall not have any rights with
respect to any shares of Class B Common Stock which the Employee is required to
sell to the Company pursuant to this Article 4 (including any rights pursuant to
Section 3.3 or 3.4 hereof), except to receive the purchase price therefor.

            4.4 Notwithstanding anything to the contrary set forth in Sections
3.3, 3.4 or 3.5 hereof, if at the time of a Transaction in which the Employee is
participating, the Company is entitled to purchase the Employee's shares of
Class B Common Stock pursuant to this Article 4, and if the purchase price per
share for a purchase pursuant to this Article 4 would be less than the proceeds
per share to the Employee from such Transaction, then the Employee shall be
entitled to receive only the aggregate purchase price payable under this Article
4, with the balance of the proceeds of sale in the Transaction being remitted to
the other stockholders of the Company participating in

<PAGE>

such Transaction pro rata in accordance with their respective participation in
such Transaction.

5.  STOCK CERTIFICATE LEGEND AND INVESTMENT REPRESENTATIONS; OTHER
    REPRESENTATIONS.

           5.1 LEGEND. All certificates representing shares of Class B Common
Stock acquired hereunder or hereafter by the Employee (unless registered under
the Act) shall bear the following legend:

                 "The shares represented by this certificate have not been
           registered under the Securities Act of 1933, as amended, or any
           securities regulatory authority of any state, and may not be sold,
           transferred, assigned, exchanged, pledged, encumbered or otherwise
           disposed of except in compliance with all applicable securities laws
           and except in accordance with the provisions of a Stockholder's
           Agreement with the Company, a copy of which is available for
           inspection at the offices of the Company."

           5.2 REPRESENTATIONS OF THE EMPLOYEE. The Employee represents and
warrants that: (a) the Employee understands that (i) the offer and sale of
shares of Class B Common Stock in accordance with this Agreement have not been
and will not be registered under the Act, and it is the intention of the parties
hereto that the offer and sale of the securities be exempt from registration
under the Act and the rules promulgated thereunder by the Securities and
Exchange Commission; (ii) the shares of Class B Common Stock being acquired
hereunder cannot be sold, transferred, assigned, exchanged, pledged, encumbered
or otherwise disposed of unless they are registered under the Act or an
exemption from registration is available; and (iii) the purchase of Class B
Common Stock hereunder does not entitle the Employee to participate in any other
equity program of the Company, whether now existing or hereafter established;
(b) the Employee is acquiring the shares of Class B Common Stock being acquired
hereunder for investment for the Employee's own account and not with a view to
the distribution thereof; (c) the Employee will not, directly or indirectly,
sell, transfer, assign, exchange, pledge, encumber or otherwise dispose of any
shares of Class B Common Stock being acquired hereunder except in accordance
with this Agreement and the Stock Pledge Agreement; (d) the Employee has, or the
Employee together with his advisers, if any, have, such knowledge and experience
in financial and business matters that the Employee is, or the Employee together
with the Employee's advisers, if any, are, and will be capable of evaluating the
merits and risks relating to the Employee's purchase of shares of Class B Common
Stock under this Agreement; (e) the Employee has been given the opportunity to
obtain information and

<PAGE>

documents relating to the Company and to ask questions of and receive answers
from representatives of the Company concerning the Company and the Employee's
investment in the Class B Common Stock; (f) the Employee's decision to invest in
the Company has been based upon independent investigations made by the Employee
and his advisers, if any; (g) the Employee is able to bear the economic risk of
a total loss of the Employee's investment in the Company; and (h) the Employee
has adequate means of providing for the Employee's current needs and foreseeable
personal contingencies and has no need for the Employee's investment in the
Class B Common Stock to be liquid.

6.  MISCELLANEOUS.

            6.1 DISTRIBUTIONS. In the event of any dividend, distribution or
exchange paid or made in respect of the Class B Common Stock consisting of
Affiliate Securities, (a) the restrictions and rights with respect to the Class
B Common Stock that are contained in this Agreement shall be applicable to the
Affiliate Securities without further action of the parties (with the references
to Class B Common Stock being deemed references to the Affiliate Securities and
the references to the Company being deemed references to the Affiliate), and (b)
as a condition precedent to the receipt of the Affiliate Securities by the
Employee, the Employee shall enter into a stockholders agreement containing
substantially equivalent terms with respect to the Affiliate Securities (but
reflecting the economics of the dividend, distribution or exchange and the
capitalization of the Affiliate) as are contained in Sections 3.2 and 4.3
hereof. The Board of Directors of the Company, in good faith, shall determine
such economics and its determination shall be final and binding on the Employee.

            6.2 FURTHER ASSURANCES. Each party hereto shall do and perform or
cause to be done and performed all further acts and things and shall execute and
deliver all other agreements, certificates, instruments, and documents as any
other party hereto reasonably may request in order to carry out the intent and
accomplish the purposes of this Agreement and the consummation of the
transactions contemplated hereby.

            6.3 GOVERNING LAW. This Agreement and the rights and obligations of
the parties hereto shall be governed by, and construed and enforced in
accordance with, the laws of the State of New York, without giving effect to the
principles of conflicts of law thereof.

            6.4 SPECIFIC PERFORMANCE. The parties hereto acknowledge that there
will be no adequate remedy at law for a violation of any of the provisions of
this Agreement and that, in addition to any other remedies which may be
available, all of the

<PAGE>

provisions of this Agreement shall be specifically enforceable in accordance
with their respective terms.

            6.5 INVALIDITY OF PROVISION. The invalidity or unenforceability of
any provision of this Agreement in any jurisdiction shall not affect the
validity or enforceability of the remainder of this Agreement in that
jurisdiction or the validity or enforceability of this Agreement, including that
provision, in any other jurisdiction. If any provision of this Agreement is held
unlawful or unenforceable in any respect, such provision shall be revised or
applied in a manner that renders it lawful and enforceable to the fullest extent
possible.

            6.6 NOTICE. All notices and other communications hereunder shall be
in writing and, unless otherwise provided herein, shall be deemed to have been
given when received by the party to whom such notice is to be given at its
address set forth below, or such other address for the party as shall be
specified by notice given pursuant hereto:

            (a)   If to the Company, to:

                  Community Health Systems Holdings Corp.
                  155 Franklin Road
                  Suite 400
                  Brentwood, TN  37027-4600
                  Attention:  President

                  with a copy to:

                  Forstmann Little & Co. Equity Partnership-V, L.P.
                  c/o Forstmann Little & Co.
                  767 Fifth Avenue, 44th Floor
                  New York, New York 10153
                  Attention:  Ms. Sandra J. Horbach

            (b)   If to the Employee, to the address set forth below the
                  Employee's signature, and if to the Legal Representative, to
                  such Person at the address of which the Company is notified in
                  accordance with this Section 6.6.

            6.7 BINDING EFFECT. This Agreement shall inure to the benefit of and
shall be binding upon the parties hereto and their respective heirs, legal
representatives,

<PAGE>

successors and assigns. In addition, each of the FL & Co. Companies shall be a
third party beneficiary of this Agreement and shall be entitled to enforce this
Agreement.

            6.8 AMENDMENT AND MODIFICATION. This Agreement may be amended,
modified or supplemented only by written agreement of the party against whom
enforcement of such amendment, modification or supplement is sought.

            6.9 HEADINGS; EXECUTION IN COUNTERPARTS. The headings and captions
contained herein are for convenience only and shall not control or affect the
meaning or construction of any provision hereof. This Agreement may be executed
in any number of counterparts, each of which shall be deemed to be an original
and which together shall constitute one and the same instrument.

            6.10 ENTIRE AGREEMENT. This Agreement constitutes the entire
agreement, and supersedes all prior agreements and understandings, oral and
written, between the parties hereto with respect to the subject matter hereof.

            6.11 WITHHOLDING. The Company shall have the right to deduct from
the amount payable under this Agreement any taxes or other amounts required by
applicable law to be withheld. The Employee agrees to indemnify the Company
against any Federal, state and local withholding taxes (but not penalties or
interest) for which the Company may be liable in connection with the Employee's
acquisition, ownership or disposition of any Class B Common Stock.

            6.12 NO RIGHT TO CONTINUED EMPLOYMENT. This Agreement shall not
confer upon the Employee any right with respect to continuance of employment by
the Company or any Affiliate thereof, nor shall it interfere in any way with the
right of the Company or any Affiliate thereof to terminate the Employee's
employment at any time.

            6.13 POSSESSION OF CERTIFICATES; POWER OF ATTORNEY.

                  (a) In order to provide for the safekeeping of the
certificates representing the shares of Class B Common Stock purchased by the
Employee pursuant hereto and to facilitate the enforcement of the terms and
conditions hereof, at the Purchase Closing (i) the Employee shall redeliver to
the Company, and the Company shall retain physical possession of, all
certificates representing shares of Class B Common Stock acquired by the
Employee pursuant hereto and (ii) the Employee shall deliver to the Company an
undated stock power, duly executed in blank, for each such certificate. The
Employee shall be relieved of any obligation otherwise imposed by this Agreement
to deliver certificates representing shares of Class B Common Stock if the same
are in the custody of the Company.
<PAGE>

                  (b) The Employee hereby irrevocably appoints the FL & Co.
Companies, and each of them (individually and collectively, the
"Representative"), the Employee's true and lawful agent and attorney-in-fact,
with full powers of substitution, to act in the Employee's name, place and
stead, to do or refrain from doing all such acts and things, and to execute and
deliver all such documents, as the Representative shall deem necessary or
appropriate in connection with a public offering of securities of the Company or
a sale pursuant to Section 3.3, 3.5 or 4.2 hereof, including, without in any way
limiting the generality of the foregoing, in the case of a sale pursuant to
Section 3.3 or 3.5 hereof, to execute and deliver on behalf of the Employee a
purchase and sale agreement and any other agreements and documents that the
Representative deems necessary in connection with any such sale, and in the case
of a public offering, to execute and deliver on behalf of the Employee an
underwriting agreement, a "holdback" agreement, a custody agreement, and any
other agreements and documents that the Representative deems necessary in
connection with any such public offering, and in the case of any sale pursuant
to Section 3.3 or 3.5 hereof and any public offering pursuant to Section 3.4(a)
hereof, to receive on behalf of the Employee the proceeds of the sale or public
offering of the Employee's shares, to hold back from any such proceeds any
amount that the Representative deems necessary to reserve against the Employee's
share of any Expenses of Sale and Sale Obligations and to pay such Expenses of
Sale and Sale Obligations. The Employee hereby ratifies and confirms all that
the Representative shall do or cause to be done by virtue of its appointment as
the Employee's agent and attorney-in-fact. In acting for the Employee pursuant
to the appointment set forth in this Section 6.13(b), the Representative shall
not be responsible to the Employee for any loss or damage the Employee may
suffer by reason of the performance by the Representative of its duties under
this Agreement, except for loss or damage arising from willful violation of law
or gross negligence by the Representative in the performance of its duties
hereunder. The appointment of the Representative shall be deemed coupled with an
interest and as such shall be irrevocable and shall survive the death,
incompetency, mental illness or insanity of the Employee, and any person dealing
with the Representative may conclusively and absolutely rely, without inquiry,
upon any act of the Representative as the act of the Employee in all matters
referred to in this Section 6.13(b). The Representative shall advise the
Employee in writing of any Sale Obligations imposed on the Employee in any
document executed by the Representative as the Employee's attorney-in-fact
pursuant to this Section 6.13(b).

            6.14 CONSENT TO JURISDICTION. Each party hereby irrevocably and
unconditionally consents to submit to the exclusive jurisdiction of the courts
of the State of New York and of the United States of America, in each case
located in the County of New York, for any Litigation (and agrees not to
commence any Litigation except in any such court), and further agrees that
service of process, summons, notice or document by

<PAGE>

U.S. registered mail to its respective address set forth in Section 6.6 hereof
shall be effective service of process for any Litigation brought against it in
any such court. Each party hereby irrevocably and unconditionally waives any
objection to the laying of venue of any Litigation in the courts of the State of
New York or of the United States of America, in each case located in the County
of New York, and hereby further irrevocably and unconditionally waives and
agrees not to plead or claim in any such court that any Litigation brought in
any such court has been brought in an inconvenient forum.

            IN WITNESS WHEREOF, this Agreement has been signed by or on behalf
of each of the parties hereto, all as of the date first above written.

                                 COMMUNITY HEALTH SYSTEMS
                                 HOLDINGS CORP.

                                 By: ______________________________

                                 EMPLOYEE

                                 __________________________________
                                 Name:
                                 Address:
<PAGE>

The undersigned hereby agree to be bound by the provisions of Sections 3.3 and
3.4 of the foregoing Stockholder's Agreement.

                              FORSTMANN LITTLE & CO. EQUITY PARTNERSHIP-V,
                              L.P.

                              By: FLC XXX Partnership,
                                  its general partner

                                  By: ______________________________
                                      a general partner

                              FORSTMANN LITTLE & CO. SUBORDINATED DEBT AND
                              EQUITY MANAGEMENT BUYOUT PARTNERSHIP-VI, L.P.

                              By: FLC XXIX Partnership, L.P.
                                  its general partner

                                  By: ______________________________
                                      a general partner
<PAGE>

            The undersigned acknowledges that the undersigned has read the
foregoing Agreement between Community Health Systems Holdings Corp. and the
undersigned's spouse, understands that the undersigned's spouse has purchased
shares of Class B Common Stock as reflected in such Agreement and agrees to be
bound by the foregoing Agreement.

                                          ______________________________
                                          Employee's Spouse
<PAGE>

                                   SCHEDULE I

Assume:  1)       Aggregate amount of assets available for distribution is
                  $2,200,000,000. THERE IS NO ASSURANCE THAT THE ACTUAL AMOUNT
                  OF ASSETS AVAILABLE FOR DISTRIBUTION WILL REACH THIS LEVEL.
         2)       449,123 shares of Class A Common Stock and 39,600 shares of
                  Class B Common Stock outstanding, and options granted to
                  acquire 9,000 shares of Class C Common Stock and 1,600 shares
                  of Class A Common Stock, all at the time of distribution.

<TABLE>
<CAPTION>
STEP 1
------
                                                                       To                 To                To
                                                                     CLASS A            CLASS B           CLASS C
                                                                     -------            -------           -------
<S>                     <C>                       <C>              <C>                <C>                <C>
First to A:             $1,073.52     x           450,723    =     $483,860,155

Second to B:               357.84     x            39,600    =                        $14,170,464
Third to C:                587.50     x             9,000    =                                           $5,287,500

Fourth to A:               279.17     x           450,723    =      125,828,340
and to C:                  279.17     x             9,000    =                                            2,512,530

Fifth to A               3,140.93*    x           450,723    =
and to B:                3,140.93*    x            39,600    =    1,415,691,577       124,381,020        28,268,414
                                                                  -------------       -----------        ----------
and to C:                3,140.93*    x             9,000    =

Total                                                            $2,025,380,072      $138,551,484       $36,068,444
                                                                 ==============      ============       ===========

STEP 2                                                         PER SHARE PROCEEDS   COST OF SHARES        NET GAIN
------                                                         ------------------   --------------        --------
           x = $ total for Class A divided by 450,723        =        $4,493.62        ($1,073.52)        $3,420.10
STEP 3
------
           y = $ total for Class B divided by 39,600         =        $3,498.77          ($357.84)        $3,140.93
STEP 4
------
           z = $ total for Class C divided by 9,000          =        $4,007.60          ($587.50)        $3,420.10

</TABLE>

Class B Exchange Rate = y/x or 0.779 of a share of Class A Common Stock for each
share of Class B Common Stock.

Class C Exchange Rate = z/x or 0.892 of a share of Class A Common Stock for each
share of Class C Common Stock.

---------------

*     Equals $2,200,000,000 less the payments from the first, second, third and
      fourth steps ($631,658,989) divided by 499,323 (449,123 plus 39,600 plus
      9,000 plus 1,600), rounded for presentation purposes.
<PAGE>

                                     ANNEX A

              Employee                        Number of Shares
              --------                        ----------------

          ---------------------                      --

Cash Amount:   $___________

Note Amount:   $___________<PAGE>

                                                                    Exhibit 10.7

                          REGISTRATION RIGHTS AGREEMENT

                                      among

                              FLCH HOLDINGS CORP.,

                             FLCH ACQUISITION CORP.,

              FORSTMANN LITTLE & CO. EQUITY PARTNERSHIP - V, L.P.,

                                       and

                    FORSTMANN LITTLE & CO. SUBORDINATED DEBT
               AND EQUITY MANAGEMENT BUYOUT PARTNERSHIP - VI, L.P.

                                  July 9, 1996
<PAGE>

                  REGISTRATION RIGHTS AGREEMENT, dated as of July 9, 1996, among
FLCH Holdings Corp., a Delaware corporation ("Parent"), FLCH Acquisition Corp.,
a Delaware corporation (the "Company") and wholly owned subsidiary of Parent,
Forstmann Little & Co. Equity Partnership - V, L.P., a Delaware limited
partnership ("Equity-V"), and Forstmann Little & Co. Subordinated Debt and
Equity Management Buyout Partnership - VI, L.P. a Delaware limited partnership
("MBO-VI") (Equity-V and MBO-VI are individually referred to as a "Forstmann
Little Partnership" and collectively referred to as the "Forstmann Little
Partnerships").

                  On the date hereof, the Company is purchasing all of the
shares that have been validly tendered into its tender offer for the outstanding
shares of capital stock of Community Health Systems, Inc. ("CHS"). It is
contemplated that the Company will merge with and into CHS, as a result of which
Parent would own 100% of the capital stock of CHS (such events are collectively
referred to herein as the "Acquisition"). In connection with the Acquisition,
the Forstmann Little Partnerships are acquiring shares of Common Stock (as
defined below) and will acquire additional shares of Common Stock from Parent.

                  If either of the Forstmann Little Partnerships desires to sell
shares of Common Stock (whether prior to, concurrently with or following any
registration and offering by Parent of shares of its capital stock to the public
(an "Offering")), it may be necessary to register such shares under the
Securities Act (as defined below).

                  As part of, and as consideration for, the acquisition of
shares of Common Stock by the Forstmann Little Partnerships from Parent on the
date hereof and from time to time hereafter, Parent hereby grants to the
Forstmann Little Partnerships certain registration and other rights with respect
to their shares of Common Stock as more fully set forth herein.

                  Accordingly, the parties hereto agree as follows:

                  1. DEFINITIONS. As used herein, unless the context otherwise
requires, the following terms have the following respective meanings:

                  "Certificate of Incorporation" means the Certificate of
Incorporation of Parent, as it may be amended or restated hereafter from time to
time.

                  "Commission" means the Securities and Exchange Commission or
any other Federal agency at the time administering the Securities Act.

                  "Common Stock" means any shares of common stock, par value
$.01 per share, of Parent, now or hereafter authorized to be issued, and any and
all securities of any kind whatsoever of Parent which may be exchanged for or
converted into Common
<PAGE>

Stock, any and all securities of any kind whatsoever of Parent which may be
issued on or after the date hereof in respect of, in exchange for, or upon
conversion of shares of Common Stock pursuant to a merger, consolidation, stock
split, stock dividend, recapitalization of Parent or otherwise.

                  "Exchange Act" means the Securities Exchange Act of 1934, as
amended, or any similar Federal statute, and the rules and regulations of the
Commission thereunder, all as the same shall be in effect at the time. Reference
to a particular section of the Exchange Act shall include a reference to the
comparable section, if any, of any such similar Federal statute.

                  "Other Investor" means each Person who, at the time of any
registration of Common Stock hereunder, has the right under a stockholder's
agreement or stock option agreement with Parent to participate in any public
offering of all or a portion of the shares of Common Stock owned by the
Forstmann Little Partnerships.

                  "Person" means a corporation, an association, a partnership,
an organization, a business, a trust, an individual, or any other entity or
organization, including a government or political subdivision or an
instrumentality or agency thereof.

                  "Registrable Securities" means (i) any shares of Common Stock
owned by the Forstmann Little Partnerships and acquired, whether prior or
subsequent to the effectiveness of this Agreement, directly from Parent, (ii)
any shares of Common Stock held pursuant to the terms of a stockholder's
agreement or issuable upon exercise of an option pursuant to the terms of a
stock option agreement, as the case may be, between any Other Investor and
Parent, which agreement gives such Other Investor the right to participate
proportionately with the Forstmann Little Partnerships in a public offering with
respect to such shares, and (iii) any Common Stock issued with respect to the
Common Stock referred to in clauses (i) or (ii) by way of a stock dividend,
stock split or reverse stock split or in connection with a combination of
shares, recapitalization, merger, consolidation or otherwise. As to any
particular Registrable Securities, such securities shall cease to be Registrable
Securities (a) when a registration statement with respect to the sale of such
securities shall have become effective under the Securities Act and such
securities shall have been disposed of in accordance with such registration
statement, (b) when such securities shall have been otherwise transferred, new
certificates for them not bearing a legend restricting further transfer shall
have been delivered by Parent and subsequent public distribution of them shall
not require registration of them under the Securities Act, or (c) when such
securities shall have been sold as permitted by, and in compliance with, the
Securities Act. Any certificate evidencing the Registrable Securities shall bear
a legend stating that the securities have not been registered under the
Securities Act and setting forth or referring to the restrictions on
transferability and sale of the securities.

                                       2
<PAGE>

                  "Registration Expenses" means all expenses incident to the
registration and disposition of the Registrable Securities pursuant to Section 2
hereof, including, without limitation, all registration, filing and applicable
national securities exchange fees, all fees and expenses of complying with state
securities or blue sky laws (including fees and disbursements of counsel to the
underwriters or the Forstmann Little Partnerships and the Other Investors in
connection with "blue sky" qualification of the Registrable Securities and
determination of their eligibility for investment under the laws of the various
jurisdictions), all word processing, duplicating and printing expenses, all
messenger and delivery expenses, the fees and disbursements of counsel for
Parent and of its independent public accountants, including the expenses of
"cold comfort" letters or any special audits required by, or incident to, such
registration, all fees and disbursements of underwriters (other than
underwriting discounts and commissions), all transfer taxes, and the fees and
expenses of counsel to the Forstmann Little Partnerships and the Other
Investors; PROVIDED, HOWEVER, that Registration Expenses shall exclude, and the
Forstmann Little Partnerships and the Other Investors shall pay, underwriting
discounts and commissions in respect of the Registrable Securities being
registered.

                  "Securities Act" means the Securities Act of 1933, as amended,
or any similar Federal statute, and the rules and regulations of the Commission
thereunder, all as the same shall be in effect at the time. References to a
particular section of the Securities Act shall include a reference to the
comparable section, if any, of any such similar Federal statute.

                  2. REGISTRATION UNDER SECURITIES ACT, ETC.

                         2.1 REGISTRATION ON REQUEST.

                                 (a) REQUEST. At any time or from time to time,
the Forstmann Little Partnerships, individually or jointly, shall have the right
to require Parent to effect the registration under the Securities Act of all or
part of the Registrable Securities, by delivering a written request therefor to
Parent specifying the number of shares of Registrable Securities and the
intended method of distribution. Parent shall, (i) as expeditiously as possible
(but in any event within 120 days of receipt of a written request), use its best
efforts to effect the registration under the Securities Act (including by means
of a shelf registration pursuant to Rule 415 under the Securities Act if so
requested in such request and if Parent is then eligible to use such a
registration) of the Registrable Securities which Parent has been so requested
to register by the Forstmann Little Partnerships, for distribution in accordance
with the intended method of distribution set forth in the written request
delivered by the Forstmann Little Partnerships, and (ii) if requested by the
Forstmann Little Partnerships, obtain acceleration of the effective date of then
registration statement relating to such registration.

                                       3
<PAGE>

                                 (b) REGISTRATION OF OTHER SECURITIES. Whenever
Parent shall effect a registration pursuant to this Section 2.1 in connection
with an underwritten offering by any Forstmann Little Partnership and any Other
Investors of Registrable Securities, no securities other than Registrable
Securities shall be included among the securities covered by such registration
unless the Forstmann Little Partnership or Partnerships so registering
Registrable Securities (the "Registering Forstmann Little Partnerships") shall
have consented in writing to the inclusion therein of such other securities,
which consent may be subject to terms and conditions determined by the
Registering Forstmann Little Partnerships in their sole discretion.

                                 (c) REGISTRATION STATEMENT FORM. Registrations
under this Section 2.1 shall be on such appropriate registration form of the
Commission as shall be selected by Parent and as shall be reasonably acceptable
to the Registering Forstmann Little Partnerships. Parent agrees to include in
any such registration statement all information which, in the opinion of counsel
to the Registering Forstmann Little Partnerships and counsel to Parent, is
necessary or desirable to be included therein.

                                 (d) EXPENSES. Parent and the Company shall pay,
and shall be jointly and severally responsible for, all Registration Expenses in
connection with any registration requested pursuant to this Section 2.1.

                                 (e) EFFECTIVE REGISTRATION STATEMENT. A
registration requested pursuant to this Section 2.1 shall not be deemed to have
been effected (including for purposes of paragraph (h) of this Section 2.1) (i)
unless a registration statement with respect thereto has become effective and
has been kept continuously effective for a period of at least 120 days (or such
shorter period which shall terminate when all the Registrable Securities covered
by such registration statement have been sold pursuant thereto), (ii) if after
it has become effective, such registration is interfered with by any stop order,
injunction or other order or requirement of the Commission or other governmental
agency or court for any reason not attributable to the Registering Forstmann
Little Partnerships and has not thereafter become effective, or (iii) if the
conditions to closing specified in the underwriting agreement, if any, entered
into in connection with such registration are not satisfied or waived.

                                 (f) SELECTION OF UNDERWRITERS. The underwriters
of each underwritten offering of the Registrable Securities so to be registered
shall be selected by the Registering Forstmann Little Partnerships.

                                 (g) RIGHT TO WITHDRAW. If the managing
underwriter of any underwritten offering shall advise the Registering Forstmann
Little Partnerships that the Registrable Securities covered by the registration
statement cannot be sold in such offering within a price range acceptable to the
Registering Forstmann Little Partnerships, then the Registering Forstmann Little
Partnerships shall have the right to notify Parent in

                                       4
<PAGE>

writing that they have determined that the registration statement be abandoned
or withdrawn, in which event Parent shall abandon or withdraw such registration
statement. In the event of such abandonment or withdrawal, such request shall
not be counted for purposes of the requests for registration to which the
Forstmann Little Partnerships are entitled pursuant to this Section 2.1.

                                 (h) LIMITATIONS ON REGISTRATION ON REQUEST. The
Forstmann Little Partnerships shall be entitled to require Parent to effect, and
Parent shall be required to effect, six registrations in the aggregate pursuant
to this Section 2.1, PROVIDED, HOWEVER, that the aggregate offering value of the
shares to be registered pursuant to any such registration shall be at least
$15,000,000 unless the Forstmann Little Partnerships then own shares with an
aggregate value less than $15,000,000 (in which case such lesser number of
shares may be registered).

                                 (i) POSTPONEMENT. Parent shall be entitled once
in any six-month period to postpone for a reasonable period of time (but not
exceeding 90 days) (the "Postponement Period") the filing of any registration
statement required to be prepared and filed by it pursuant to this Section 2.1
if Parent determines, in its reasonable judgment, that such registration and
offering would materially interfere with any material financing, corporate
reorganization or other material transaction involving Parent or any subsidiary,
or would require premature disclosure thereof, and promptly gives the
Registering Forstmann Little Partnerships written notice of such determination,
containing a general statement of the reasons for such postponement and an
approximation of the anticipated delay. If Parent shall so postpone the filing
of a registration statement, the Forstmann Little Partnerships shall have the
right to withdraw the request for registration by giving written notice to
Parent at any time and, in the event of such withdrawal, such request shall not
be counted for purposes of the requests for registration to which the Forstmann
Little Partnerships are entitled pursuant to this Section 2.1.

                         2.2 INCIDENTAL REGISTRATION.

                                 (a) RIGHT TO INCLUDE REGISTRABLE SECURITIES. If
Parent at any time proposes to register any of its securities under the
Securities Act by registration on Form S-1, S-2 or S-3 or any successor or
similar form(s) (except registrations on any such Form or similar form(s) solely
for registration of securities in connection with an employee benefit plan or
dividend reinvestment plan or a merger or consolidation), whether or not for
sale for its own account, it will each such time give prompt written notice to
each of the Forstmann Little Partnerships of its intention to do so and of the
Forstmann Little Partnerships' rights under this Section 2.2. Upon the written
request of any of the Forstmann Little Partnerships (which request shall specify
the maximum number of Registrable Securities intended to be disposed of by the
Forstmann Little Partnerships), made as promptly as practicable and in any event
within 30 days after the

                                       5
<PAGE>

receipt of any such notice (15 days if Parent states in such written notice or
gives telephonic notice to the Forstmann Little Partnerships, with written
confirmation to follow promptly thereafter, stating that (i) such registration
will be on Form S-3 and (ii) such shorter period of time is required because of
a planned filing date), Parent shall use its best efforts to effect the
registration under the Securities Act of all Registrable Securities which Parent
has been so requested to register by the Forstmann Little Partnerships;
PROVIDED, HOWEVER, that if, at any time after giving written notice of its
intention to register any securities and prior to the effective date of the
registration statement filed in connection with such registration, Parent shall
determine for any reason not to register or to delay registration of such
securities, Parent shall give written notice of such determination and its
reasons therefor to the Forstmann Little Partnerships and (i) in the case of a
determination not to register, shall be relieved of its obligation to register
any Registrable Securities in connection with such registration (but not from
any obligation of Parent to pay the Registration Expenses in connection
therewith), without prejudice, however, to the rights of the Forstmann Little
Partnerships to request that such registration be effected as a registration
under Section 2.1 and (ii) in the case of a determination to delay registering,
shall be permitted to delay registering any Registrable Securities, for the same
period as the delay in registering such other securities. No registration
effected under this Section 2.2 shall relieve Parent of its obligation to effect
any registration upon request under Section 2.1. Parent will pay all
Registration Expenses in connection with any registration of Registrable
Securities requested pursuant to this Section 2.2.

                                 (b) RIGHT TO WITHDRAW. The Forstmann Little
Partnerships shall have the right to withdraw their request for inclusion of its
Registrable Securities in any registration statement pursuant to this Section
2.2 at any time prior to the execution of an underwriting agreement with respect
thereto by giving written notice to Parent of its request to withdraw.

                                 (c) PRIORITY IN INCIDENTAL REGISTRATIONS. If
the managing underwriter of any underwritten offering shall inform Parent by
letter of its belief that the number of Registrable Securities requested to be
included in such registration, when added to the number of other securities to
be offered in such registration, would materially adversely affect such
offering, then Parent shall include in such registration, to the extent of the
number and type which Parent is so advised can be sold in (or during the time
of) such offering without so materially adversely affecting such offering (the
"Section 2.2 Sale Amount"), (i) all of the securities proposed by Parent to be
sold for its own account; (ii) thereafter, to the extent the Section 2.2 Sale
Amount is not exceeded, the Registrable Securities requested by the Forstmann
Little Partnerships to be included in such registration pursuant to Section
2.2(a) (including Registrable Securities held by Other Investors); and (iii)
thereafter, to the extent the Section 2.2 Sale Amount is not exceeded, any other
securities of Parent requested to be included in such registration by

                                       6
<PAGE>

any holder thereof, including, in the case where such registration is to be
effected as a result of the exercise by a holder of Parent's securities of such
holder's right to cause such securities to be so registered, the securities of
such holder.

                                 (d) PLAN OF DISTRIBUTION. Any participation by
holders of Registrable Securities in a registration by Parent shall be in
accordance with Parent's plan of distribution, provided that the Registering
Forstmann Little Partnerships shall have the right to select the co-managing
underwriter.

                         2.3 REGISTRATION PROCEDURES. If and whenever Parent is
required to use its best efforts to effect the registration of any Registrable
Securities under the Securities Act as provided in Sections 2.1 and 2.2 hereof,
Parent shall as expeditiously as possible:

                         (a) prepare and file with the Commission as soon as
                  practicable the requisite registration statement to effect
                  such registration (and shall include all financial statements
                  required by the Commission to be filed therewith) and
                  thereafter use its best efforts to cause such registration
                  statement to become effective; provided, however, that before
                  filing such registration statement (including all exhibits) or
                  any amendment or supplement thereto or comparable statements
                  under securities or blue sky laws of any jurisdiction, Parent
                  shall furnish such documents to the Registering Forstmann
                  Little Partnerships and each underwriter, if any,
                  participating in the offering of the Registrable Securities
                  and their respective counsel, which documents will be subject
                  to the review and comments of the Registering Forstmann Little
                  Partnerships, each underwriter and their respective counsel;
                  and provided, further, however, that Parent may discontinue
                  any registration of its securities which are not Registrable
                  Securities at any time prior to the effective date of the
                  registration statement relating thereto;

                         (b) notify the Registering Forstmann Little
                  Partnerships of the Commission's requests for amending or
                  supplementing the registration statement and the prospectus,
                  and prepare and file with the Commission such amendments and
                  supplements to such registration statement and the prospectus
                  used in connection therewith as may be necessary to keep such
                  registration statement effective and to comply with the
                  provisions of the Securities Act with respect to the
                  disposition of all Registrable Securities covered by such
                  registration statement for such period as shall be required
                  for the disposition of all of such Registrable Securities in
                  accordance with the intended method of distribution thereof;
                  PROVIDED, that except with respect to any such registration
                  statement filed pursuant to Rule 415 under the Securities Act,
                  such period need not exceed 120 days;

                                       7
<PAGE>

                         (c) furnish, without charge, to the Registering
                  Forstmann Little Partnerships and each underwriter such number
                  of conformed copies of such registration statement and of each
                  such amendment and supplement thereto (in each case including
                  all exhibits), such number of copies of the prospectus
                  contained in such registration statement (including each
                  preliminary prospectus and any summary prospectus) and any
                  other prospectus filed under Rule 424 under the Securities
                  Act, in conformity with the requirements of the Securities
                  Act, and such other documents, as the Registering Forstmann
                  Little Partnerships and such underwriters may reasonably
                  request;

                         (d) use its best efforts (i) to register or qualify all
                  Registrable Securities and other securities covered by such
                  registration statement under such securities or blue sky laws
                  of such States of the United States of America where an
                  exemption is not available and as the Registering Forstmann
                  Little Partnerships or any managing underwriter shall
                  reasonably request, (ii) to keep such registration or
                  qualification in effect for so long as such registration
                  statement remains in effect, and (iii) to take any other
                  action which may be reasonably necessary or advisable to
                  enable the Registering Forstmann Little Partnerships to
                  consummate the disposition in such jurisdictions of the
                  securities to be sold by the Registering Forstmann Little
                  Partnerships, except that Parent shall not for any such
                  purpose be required to qualify generally to do business as a
                  foreign corporation in any jurisdiction wherein it would not
                  but for the requirements of this subsection (d) be obligated
                  to be so qualified or to consent to general service of process
                  in any such jurisdiction;

                         (e) use its best efforts to cause all Registrable
                  Securities covered by such registration statement to be
                  registered with or approved by such other federal or state
                  governmental agencies or authorities as may be necessary in
                  the opinion of counsel to Parent and counsel to the
                  Registering Forstmann Little Partnerships to consummate the
                  disposition of such Registrable Securities;

                         (f) furnish to the Registering Forstmann Little
                  Partnerships and each underwriter, if any, participating in
                  the offering of the securities covered by such registration
                  statement, a signed counterpart of (i) an opinion of counsel
                  for Parent, and (ii) a "comfort" letter signed by the
                  independent public accountants who have certified Parent's
                  financial statements included or incorporated by reference in
                  such registration statement, covering substantially the same
                  matters with respect to such registration statement (and the
                  prospectus included therein) and, in the case

                                       8
<PAGE>

                  of the accountants' comfort letter, with respect to events
                  subsequent to the date of such financial statements, as are
                  customarily covered in opinions of issuer's counsel and in
                  accountants' comfort letters delivered to the underwriters in
                  underwritten public offerings of securities (and dated the
                  dates such opinions and comfort letters are customarily dated)
                  and, in the case of the legal opinion, such other legal
                  matters, and, in the case of the accountants' comfort letter,
                  such other financial matters, as the Registering Forstmann
                  Little Partnerships, or the underwriters, may reasonably
                  request;

                         (g) promptly notify the Registering Forstmann Little
                  Partnerships and each managing underwriter, if any,
                  participating in the offering of the securities covered by
                  such registration statement (i) when such registration
                  statement, any pre-effective amendment, the prospectus or any
                  prospectus supplement related thereto or post-effective
                  amendment to such registration statement has been filed, and,
                  with respect to such registration statement or any
                  post-effective amendment, when the same has become effective;
                  (ii) of any request by the Commission for amendments or
                  supplements to such registration statement or the prospectus
                  related thereto or for additional information; (iii) of the
                  issuance by the Commission of any stop order suspending the
                  effectiveness of such registration statement or the initiation
                  of any proceedings for that purpose; (iv) of the receipt by
                  Parent of any notification with respect to the suspension of
                  the qualification of any of the Registrable Securities for
                  sale under the securities or blue sky laws of any jurisdiction
                  or the initiation of any proceeding for such purpose; (v) at
                  any time when a prospectus relating thereto is required to be
                  delivered under the Securities Act, upon discovery that, or
                  upon the happening of any event as a result of which, the
                  prospectus included in such registration statement, as then in
                  effect, includes an untrue statement of a material fact or
                  omits to state any material fact required to be stated therein
                  or necessary to make the statements therein not misleading, in
                  the light of the circumstances under which they were made, and
                  in the case of this clause (v), at the request of the
                  Registering Forstmann Little Partnerships promptly prepare and
                  furnish to the Registering Forstmann Little Partnerships and
                  each managing underwriter, if any, participating in the
                  offering of the Registrable Securities, a reasonable number of
                  copies of a supplement to or an amendment of such prospectus
                  as may be necessary so that, as thereafter delivered to the
                  purchasers of such securities, such prospectus shall not
                  include an untrue statement of a material fact or omit to
                  state a material fact required to be stated therein or
                  necessary to make the statements therein not misleading in the
                  light of the circumstances under which they were made; and
                  (vi) at any time when the representations and warranties of
                  Parent contemplated by Section 2.4(a) or (b) hereof cease to
                  be true and correct;

                                       9
<PAGE>

                         (h) otherwise comply with all applicable rules and
                  regulations of the Commission, and make available to its
                  security holders, as soon as reasonably practicable, an
                  earnings statement covering the period of at least twelve
                  months beginning with the first full calendar month after the
                  effective date of such registration statement, which earnings
                  statement shall satisfy the provisions of Section 11(a) of the
                  Securities Act and Rule 158 promulgated thereunder, and
                  promptly furnish to the Registering Forstmann Little
                  Partnerships a copy of any amendment or supplement to such
                  registration statement or prospectus;

                         (i) provide and cause to be maintained a transfer agent
                  and registrar (which, in each case, may be Parent) for all
                  Registrable Securities covered by such registration statement
                  from and after a date not later than the effective date of
                  such registration;

                         (j) (i) use its best efforts to cause all Registrable
                  Securities covered by such registration statement to be listed
                  on the principal securities exchange on which similar
                  securities issued by Parent are then listed (if any), if the
                  listing of such Registrable Securities is then permitted under
                  the rules of such exchange, or (ii) if no similar securities
                  are then so listed, use its best efforts to (x) cause all such
                  Registrable Securities to be listed on a national securities
                  exchange or (y) failing that, secure designation of all such
                  Registrable Securities as a National Association of Securities
                  Dealers, Inc. Automated Quotation System ("NASDAQ") "national
                  market system security" within the meaning of Rule 11Aa2-1 of
                  the Commission or (z) failing that, to secure NASDAQ
                  authorization for such shares and, without limiting the
                  generality of the foregoing, to arrange for at least two
                  market makers to register as such with respect to such shares
                  with the National Association of Securities Dealers, Inc.;

                         (k) deliver promptly to counsel to the Registering
                  Forstmann Little Partnerships and each underwriter, if any,
                  participating in the offering of the Registrable Securities,
                  copies of all correspondence between the Commission and
                  Parent, its counsel or auditors and all memoranda relating to
                  discussions with the Commission or its staff with respect to
                  such registration statement;

                         (l) use its best efforts to obtain the withdrawal of
                  any order suspending the effectiveness of the registration
                  statement;

                         (m) provide a CUSIP number for all Registrable
                  Securities, no later than the effective date of the
                  registration statement; and

                                       10
<PAGE>

                         (n) make available its employees and personnel and
                  otherwise provide reasonable assistance to the underwriters
                  (taking into account the needs of Parent's and the Company's
                  businesses) in their marketing of Registrable Securities.

Parent may require the Registering Forstmann Little Partnerships to furnish
Parent such information regarding the Registering Forstmann Little Partnerships
and the distribution of the Registrable Securities as Parent may from time to
time reasonably request in writing.

                  The Forstmann Little Partnerships agree that upon receipt of
any notice from Parent of the happening of any event of the kind described in
paragraph (g)(iii) or (v) of this Section 2.3, each of the Registering Forstmann
Little Partnerships will, to the extent appropriate, discontinue its disposition
of Registrable Securities pursuant to the registration statement relating to
such Registrable Securities until, in the case of paragraph (g)(v) of this
Section 2.3, its receipt of the copies of the supplemented or amended prospectus
contemplated by paragraph (g)(v) of this Section 2.3 and, if so directed by
Parent, will deliver to Parent (at Parent's expense) all copies, other than
permanent file copies, then in its possession, of the prospectus relating to
such Registrable Securities current at the time of receipt of such notice. If
the disposition by the Registering Forstmann Little Partnerships of their
securities is discontinued pursuant to the foregoing sentence, Parent shall
extend the period of effectiveness of the registration statement by the number
of days during the period from and including the date of the giving of notice to
and including the date when the Registering Forstmann Little Partnerships shall
have received copies of the supplemented or amended prospectus contemplated by
paragraph (g)(v) of this Section 2.3; and, if Parent shall not so extend such
period, the Registering Forstmann Little Partnerships' request pursuant to which
such registration statement was filed shall not be counted for purposes of the
requests for registration to which the Forstmann Little Partnerships are
entitled pursuant to Section 2.1 hereof.

                         2.4 UNDERWRITTEN OFFERINGS.

                                 (a) REQUESTED UNDERWRITTEN OFFERINGS. If
requested by the underwriters for any underwritten offering by the Registering
Forstmann Little Partnerships (and any Other Investors) pursuant to a
registration requested under Section 2.1, Parent shall enter into a customary
underwriting agreement with a managing underwriter or underwriters selected by
the Registering Forstmann Little Partnerships. Such underwriting agreement shall
be satisfactory in form and substance to the Registering Forstmann Little
Partnerships and shall contain such representations and warranties by, and such
other agreements on the part of, Parent and such other terms as are generally
prevailing in agreements of that type, including, without limitation, customary
provisions relating to indemnification and contribution. The Registering

                                       11
<PAGE>

Forstmann Little Partnerships shall be parties to such underwriting agreement
and may, at their option, require that any or all of the representations and
warranties by, and the other agreements on the part of, Parent to and for the
benefit of such underwriters shall also be made to and for the benefit of the
Registering Forstmann Little Partnerships and that any or all of the conditions
precedent to the obligations of such underwriters under such underwriting
agreement be conditions precedent to the obligations of the Registering
Forstmann Little Partnerships. None of the Registering Forstmann Little
Partnerships shall be required to make any representations or warranties to or
agreements with Parent or the underwriters other than representations,
warranties or agreements regarding such Registering Forstmann Little
Partnership, its ownership of and title to the Registrable Securities, and its
intended method of distribution; and any liability of any Registering Forstmann
Little Partnership to any underwriter or other person under such underwriting
agreement shall be limited to liability arising from breach of its
representations and warranties and shall be limited to an amount equal to the
proceeds (net of expenses and underwriting discounts and commissions) that it
derives from such registration.

                                 (b) INCIDENTAL UNDERWRITTEN OFFERINGS. In the
case of a registration pursuant to Section 2.2 hereof, if Parent shall have
determined to enter into any underwriting agreements in connection therewith,
all of the Registrable Securities to be included in such registration shall be
subject to such underwriting agreements. The Registering Forstmann Little
Partnerships may, at their option, require that any or all of the
representations and warranties by, and the other agreements on the part of,
Parent to and for the benefit of such underwriters shall also be made to and for
the benefit of the Registering Forstmann Little Partnerships and that any or all
of the conditions precedent to the obligations of such underwriters under such
underwriting agreement be conditions precedent to the obligations of the
Registering Forstmann Little Partnerships. None of the Registering Forstmann
Little Partnerships shall be required to make any representations or warranties
to or agreements with Parent or the underwriters other than representations,
warranties or agreements regarding such Registering Forstmann Little
Partnership, its ownership of and title to the Registrable Securities, and its
intended method of distribution; and any liability of any Registering Forstmann
Little Partnership to any underwriter or other Person under such underwriting
agreement shall be limited to liability arising from breach of its
representations and warranties and shall be limited to an amount equal to the
proceeds (net of expenses and underwriting discounts and commissions) that it
derives from such registration.

                         2.5 PREPARATION; REASONABLE INVESTIGATION. In
connection with the preparation and filing of each registration statement under
the Securities Act pursuant to this Agreement, Parent will give the Registering
Forstmann Little Partnerships, their underwriters, if any, and their respective
counsel, accountants and other representatives and agents the opportunity to
participate in the preparation of such registration statement, each prospectus
included therein or filed with the Commission, and each amendment

                                       12
<PAGE>

thereof or supplement thereto, and give each of them such access to its books
and records and such opportunities to discuss the business of Parent with its
officers and employees and the independent public accountants who have certified
its financial statements, and supply all other information reasonably requested
by each of them, as shall be necessary or appropriate, in the opinion of the
Registering Forstmann Little Partnerships and such underwriters' respective
counsel, to conduct a reasonable investigation within the meaning of the
Securities Act.

                         2.6 INDEMNIFICATION.

                                 (a) INDEMNIFICATION BY PARENT AND THE COMPANY.
Parent and the Company agree, jointly and severally, that in the event of any
registration of any securities of Parent under the Securities Act, each of
Parent and the Company shall, and hereby does, indemnify and hold harmless each
Forstmann Little Partnership, its respective directors, officers, partners,
agents and affiliates and each other Person who participates as an underwriter
in the offering or sale of such securities and each other Person, if any, who
controls such Forstmann Little Partnership or any such underwriter within the
meaning of the Securities Act, against any losses, claims, damages, or
liabilities, joint or several, to which such Forstmann Little Partnership or any
such director, officer, partner, agent or affiliate or underwriter or
controlling person may become subject under the Securities Act or otherwise,
insofar as such losses, claims, damages or liabilities, joint or several (or
actions or proceedings, whether commenced or threatened, in respect thereof),
arise out of or are based upon (i) any untrue statement or alleged untrue
statement of any material fact contained in any registration statement under
which such securities were registered under the Securities Act, any preliminary
prospectus, final prospectus or summary prospectus contained therein, or any
amendment or supplement thereto, (ii) any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the
statements therein in light of the circumstances in which they were made not
misleading, or (iii) any violation by Parent of any federal, state or common law
rule or regulation applicable to Parent and relating to action required of or
inaction by Parent in connection with any such registration, and each of Parent
and the Company shall reimburse such Forstmann Little Partnership and each such
director, officer, partner, agent or affiliate, underwriter and controlling
Person for any legal or any other expenses reasonably incurred by them in
connection with investigating or defending any such loss, claim, liability,
action or proceeding; PROVIDED that Parent and the Company shall not be liable
in any such case to the Forstmann Little Partnerships or any such director,
officer, partner, agent, affiliate, or controlling person to the extent that any
such loss, claim, damage, liability (or action or proceeding in respect thereof)
or expense arises out of or is based upon an untrue statement or alleged untrue
statement or omission or alleged omission made in such registration statement,
any such preliminary prospectus, final prospectus, summary prospectus, amendment
or supplement in reliance upon and in conformity with written

                                       13
<PAGE>

information furnished to Parent through an instrument duly executed by or on
behalf of the Forstmann Little Partnerships, specifically stating that it is for
use in the preparation thereof; and PROVIDED, FURTHER, that Parent and the
Company shall not be liable to any Person who participates as an underwriter in
the offering or sale of Registrable Securities or any other Person, if any, who
controls such underwriter within the meaning of the Securities Act, in any such
case to the extent that any such loss, claim, damage, liability (or action or
proceeding in respect thereof) or expense (i) arises out of or is based upon an
untrue statement or alleged untrue statement or omission or alleged omission
made in such registration statement, any such preliminary prospectus, final
prospectus, summary prospectus, amendment or supplement in reliance upon and in
conformity with written information furnished to Parent through an instrument
duly executed by or on behalf of such Person or (ii) arises out of such Person's
failure to send or give a copy of the final prospectus, as the same may be then
supplemented or amended, to the Person asserting an untrue statement or alleged
untrue statement or omission or alleged omission at or prior to the written
confirmation of the sale of Registrable Securities to such Person if such
statement or omission was corrected in such final prospectus. Such indemnity
shall remain in full force regardless of any investigation made by or on behalf
of any Forstmann Little Partnership or any such director, officer, partner,
agent, affiliate, underwriter or controlling Person and shall survive the
transfer of such securities by such Forstmann Little Partnership.

                                 (b) INDEMNIFICATION BY THE FORSTMANN LITTLE
PARTNERSHIPS. As a condition to including any Registrable Securities in any
registration statement, Parent shall have received an undertaking reasonably
satisfactory to it from each Registering Forstmann Little Partnership so
including any Registrable Securities to indemnify and hold harmless (in the same
manner and to the same extent as set forth in paragraph (a) of this Section 2.6)
Parent, and each director of Parent, each officer of Parent and each other
Person, if any, who controls Parent within the meaning of the Securities Act,
with respect to any statement or alleged statement in or omission or alleged
omission from such registration statement, any preliminary prospectus, final
prospectus or summary prospectus contained therein, or any amendment or
supplement thereto, but only to the extent such statement or alleged statement
or omission or alleged omission was made in reliance upon and in conformity with
written information furnished to Parent through an instrument duly executed by
such Registering Forstmann Little Partnership specifically stating that it is
for use in the preparation of such registration statement, preliminary
prospectus, final prospectus, summary prospectus, amendment or supplement;
PROVIDED, HOWEVER, that the liability of such indemnifying party under this
Section 2.6(b) shall be limited to the amount of proceeds (net of expenses and
underwriting discounts and commissions) received by such indemnifying party in
the offering giving rise to such liability. Such indemnity shall remain in full
force and effect, regardless of any investigation made by or on behalf of Parent
or any such director,

                                       14
<PAGE>

officer or controlling Person and shall survive the transfer of such securities
by such Forstmann Little Partnership.

                                 (c) NOTICES OF CLAIMS, ETC. Promptly after
receipt by an indemnified party of notice of the commencement of any action or
proceeding involving a claim referred to in the preceding subsections of this
Section 2.6, such indemnified party shall, if a claim in respect thereof is to
be made against an indemnifying party, give written notice to the latter of the
commencement of such action or proceeding; PROVIDED, HOWEVER, that the failure
of any indemnified party to give notice as provided herein shall not relieve the
indemnifying party of its obligations under the preceding subsections of this
Section 2.6, except to the extent that the indemnifying party is actually
prejudiced by such failure to give notice, and shall not relieve the
indemnifying party from any liability which it may have to the indemnified party
otherwise than under this Section 2.6. In case any such action or proceeding is
brought against an indemnified party, the indemnifying party shall be entitled
to participate therein and, unless in the opinion of outside counsel to the
indemnified party a conflict of interest between such indemnified and
indemnifying parties may exist in respect of such claim, to assume the defense
thereof, jointly with any other indemnifying party similarly notified to the
extent that it may wish, with counsel reasonably satisfactory to such
indemnified party; PROVIDED, HOWEVER, that if the defendants in any such action
or proceeding include both the indemnified party and the indemnifying party and
if in the opinion of outside counsel to the indemnified party there may be legal
defenses available to such indemnified party and/or other indemnified parties
which are different from or in addition to those available to the indemnifying
party, the indemnified party or parties shall have the right to select separate
counsel to defend such action or proceeding on behalf of such indemnified party
or parties, PROVIDED, HOWEVER, that the indemnifying party shall be obligated to
pay for only one counsel for all indemnified parties. After notice from the
indemnifying party to such indemnified party of its election so to assume the
defense thereof and approval by the indemnified party of such counsel, the
indemnifying party shall not be liable to such indemnified party for any legal
expenses subsequently incurred by the latter in connection with the defense
thereof other than reasonable costs of investigation (unless the first proviso
in the preceding sentence shall be applicable). No indemnifying party shall be
liable for any settlement of any action or proceeding effected without its
written consent. No indemnifying party shall, without the consent of the
indemnified party, consent to entry of any judgment or enter into any settlement
which does not include as an unconditional term thereof the giving by the
claimant or plaintiff to such indemnified party of a release from all liability
in respect to such claim or litigation.

                                 (d) CONTRIBUTION. If the indemnification
provided for in this Section 2.6 shall for any reason be held by a court to be
unavailable to an indemnified party under subsection (a) or (b) hereof in
respect of any loss, claim, damage or liability, or any action in respect
thereof, then, in lieu of the amount paid or payable under

                                       15
<PAGE>

subsection (a) or (b) hereof, the indemnified party and the indemnifying party
under subsection (a) or (b) hereof shall contribute to the aggregate losses,
claims, damages and liabilities (including legal or other expenses reasonably
incurred in connection with investigating the same), (i) in such proportion as
is appropriate to reflect the relative fault of the indemnifying party on the
one hand, and the indemnified party on the other, which resulted in such loss,
claim, damage or liability, or action in respect thereof, with respect to the
statements or omissions which resulted in such loss, claim, damage or liability,
or action in respect thereof, as well as any other relevant equitable
considerations, or (ii) if the allocation provided by clause (i) above is not
permitted by applicable law or if the allocation provided in this clause (ii)
provides a greater amount to the indemnified party than clause (i) above, in
such proportion as shall be appropriate to reflect not only the relative fault
but also the relative benefits received by the indemnifying party and the
indemnified party from the offering of the securities covered by such
registration statement as well as any other relevant equitable considerations.
The parties hereto agree that it would not be just and equitable if
contributions pursuant to this Section 2.6(d) were to be determined by pro rata
allocation or by any other method of allocation which does not take into account
the equitable considerations referred to in the preceding sentence of this
Section 2.6(d). No Person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who was not guilty of such fraudulent
misrepresentation. The Registering Forstmann Little Partnerships' obligations to
contribute as provided in this subsection (d) are several and not joint and
shall be in proportion to the relative value of their respective Registrable
Securities covered by such registration statement. In addition, no Person shall
be obligated to contribute hereunder any amounts in payment for any settlement
of any action or claim effected without such Person's consent, which consent
shall not be unreasonably withheld. Notwithstanding anything in this subsection
(d) to the contrary, no indemnifying party (other than Parent and the Company)
shall be required to contribute any amount in excess of the proceeds (net of
expenses and underwriting discounts and commissions) received by such party from
the sale of the Registrable Securities in the offering to which the losses,
claims, damages or liabilities of the indemnified parties relate.

                                 (e) OTHER INDEMNIFICATION. Indemnification and
contribution similar to that specified in the preceding subsections of this
Section 2.6 (with appropriate modifications) shall be given by Parent, the
Company and the Registering Forstmann Little Partnerships with respect to any
required registration or other qualification of securities under any federal,
state or blue sky law or regulation of any governmental authority other than the
Securities Act. The indemnification agreements contained in this Section 2.6
shall be in addition to any other rights to indemnification or contribution
which any indemnified party may have pursuant to law or contract and shall
remain operative and in full force and effect regardless of any investigation
made by or on behalf

                                       16
<PAGE>

of any indemnified party and shall survive the transfer of any of the
Registrable Securities by any of the Forstmann Little Partnerships.

                                 (f) INDEMNIFICATION PAYMENTS. The
indemnification and contribution required by this Section 2.6 shall be made by
periodic payments of the amount thereof during the course of the investigation
or defense, as and when bills are received or expense, loss, damage or liability
is incurred.

                         2.7 UNLEGENDED CERTIFICATES. In connection with the
offering of any Registrable Securities registered pursuant to this Section 2,
Parent shall (i) facilitate the timely preparation and delivery to the Forstmann
Little Partnerships, the Other Investors and the underwriters, if any,
participating in such offering, of unlegended certificates representing
ownership of such Registrable Securities being sold in such denominations and
registered in such names as requested by the Forstmann Little Partnerships, the
Other Investors or such underwriters and (ii) instruct any transfer agent and
registrar of such Registrable Securities to release any stop transfer orders
with respect to any such Registrable Securities.

                         2.8 LIMITATION ON SALE OF SECURITIES. Parent hereby
agrees that if it shall previously have received a request for registration
pursuant to Section 2.1 or 2.2 hereof, and if such previous registration shall
not have been withdrawn or abandoned, (i) Parent shall not effect any public or
private offer, sale or distribution of its securities or effect any registration
of any of its equity securities under the Securities Act (other than a
registration on Form S-8 or any successor or similar form which is then in
effect), whether or not for sale for its own account, until a period of 90 days
(or such shorter period as the Registering Forstmann Little Partnerships shall
be advised by their managing underwriter) shall have elapsed from the effective
date of such previous registration, and Parent shall so provide in any
registration rights agreements hereafter entered into with respect to any of its
securities; and (ii) Parent shall use its best efforts to cause each holder of
its equity securities purchased from Parent at any time after the date of this
Agreement to agree not to effect any public sale or distribution of any such
securities during such period, including a sale pursuant to Rule 144 under the
Securities Act.

                         2.9 NO REQUIRED SALE. Nothing in this Agreement shall
be deemed to create an independent obligation on the part of any of the
Forstmann Little Partnerships to sell any Registrable Securities pursuant to any
effective registration statement.

                  3. RULE 144. Parent shall take all actions reasonably
necessary to enable holders of Registrable Securities to sell such securities
without registration under the Securities Act within the limitation of the
exemptions provided by (a) Rule 144, or (b) any similar rule or regulation
hereafter adopted by the Commission including, without limiting the generality
of the foregoing, filing on a timely basis all reports required to be

                                       17
<PAGE>

filed by the Exchange Act. Upon the request of a Forstmann Little Partnership,
Parent will deliver to such holder a written statement as to whether it has
complied with such requirements.

                  4. AMENDMENTS AND WAIVERS. This Agreement may be amended,
modified or supplemented only by written agreement of the party against whom
enforcement of such amendment, modification or supplement is sought.

                  5. OTHER INVESTORS. The parties hereto acknowledge and agree
that no Other Investor has any right to request registration of the Common Stock
held by such Other Investor or to participate in any registration of securities
by Parent, other than in accordance with the terms of the stockholder's
agreement or option agreement, as the case may be, between such Other Investor
and Parent, pursuant to which such Other Investor generally may have the right
to participate in any public offering of all or a portion of the shares of
Common Stock owned by the Forstmann Little Partnerships.

                  6. ADJUSTMENTS. In the event of any change in the
capitalization of Parent as a result of any stock split, stock dividend, reverse
split, combination, recapitalization, merger, consolidation, or otherwise, the
provisions of this Agreement shall be appropriately adjusted. Parent agrees that
it shall not effect or permit to occur any combination or subdivision of shares
which would adversely affect the ability of the Forstmann Little Partnerships or
the Other Investors to include any Registrable Securities in any registration
contemplated by this Agreement or the marketability of such Registrable
Securities in any such registration. Parent agrees that it will take all
reasonable steps necessary to effect a combination or subdivision of shares if
in the reasonable judgment of the Forstmann Little Partnerships such combination
or subdivision would enhance the marketability of the Registrable Securities.

                  7. NOTICE. All notices and other communications hereunder
shall be in writing and, unless otherwise provided herein, shall be deemed to
have been given when received by the party to whom such notice is to be given at
its address set forth below, or such other address for the party as shall be
specified by notice given pursuant hereto:

                (a)      If to any of the Forstmann Little Partnerships, to it:

                         c/o Forstmann Little & Co.
                         767 Fifth Avenue, 44th Floor
                         New York, New York  10153
                         Attention:  Ms. Sandra J. Horbach

                         With a copy to:

                         Fried, Frank, Harris, Shriver

                                       18
<PAGE>

                           & Jacobson
                         One New York Plaza
                         New York, New York  10004
                         Attention:  Aviva Diamant, Esq.

                (b)      If to Parent or the Company, to it at:

                         155 Franklin Road, Suite 400
                         Brentwood, Tennessee  37027
                         Attention:  President

                  8. ASSIGNMENT; THIRD PARTY BENEFICIARIES. This Agreement shall
be binding upon and inure to the benefit of and be enforceable by the parties
hereto and their respective successors and permitted assigns; provided, however,
that the Other Investors shall have no rights under this Agreement. This
Agreement may not be assigned by Parent. Any Forstmann Little Partnership may,
at its election, at any time or from time to time, assign its rights under this
Agreement, in whole or in part, to any purchaser of shares of Common Stock held
by it.

                  9. REMEDIES. The parties hereto agree that money damages or
other remedy at law would not be sufficient or adequate remedy for any breach or
violation of, or a default under, this Agreement by them and that, in addition
to all other remedies available to them, each of them shall be entitled to an
injunction restraining such breach, violation or default or threatened breach,
violation or default and to any other equitable relief, including without
limitation specific performance, without bond or other security being required.
In any action or proceeding brought to enforce any provision of this Agreement
(including the indemnification provisions thereof), the successful party shall
be entitled to recover reasonable attorneys' fees in addition to its costs and
expenses and any other available remedy.

                  10. NO INCONSISTENT AGREEMENTS. Parent will not, on or after
the date of this Agreement, enter into any agreement with respect to its
securities which is inconsistent with the rights granted to the Forstmann Little
Partnerships in this Agreement or otherwise conflicts with the provisions
hereof, other than any customary lock-up agreement with the underwriters in
connection with any Offering effected hereunder, pursuant to which Parent shall
agree not to register for sale, and Parent shall agree not to sell or otherwise
dispose of, Common Stock or any securities convertible into or exercisable or
exchangeable for Common Stock, for a specified period (not to exceed 180 days)
following such Offering. Parent has not previously entered into any agreement
with respect to its securities granting any registration rights to any Person.
The rights granted to the Forstmann Little Partnerships hereunder do not in any
way conflict with and are not inconsistent with any other agreements to which
Parent is a party or by which it is bound.

                                       19
<PAGE>

Parent further agrees that if any other registration rights agreement entered
into after the date of this Agreement with respect to any of its securities
contains terms which are more favorable to, or less restrictive on, the other
party thereto than the terms and conditions contained in this Agreement are
(insofar as they are applicable) with respect to the Forstmann Little
Partnerships, then the terms and conditions of this Agreement shall immediately
be deemed to have been amended without further action by Parent or the Forstmann
Little Partnerships so that the Forstmann Little Partnerships shall be entitled
to the benefit of any such more favorable or less restrictive terms or
conditions.

                  11. DESCRIPTIVE HEADINGS. The descriptive headings of the
several sections and paragraphs of this Agreement are inserted for reference
only and shall not control or otherwise affect the meaning hereof.

                  12. GOVERNING LAW. This Agreement shall be construed and
enforced in accordance with, and the rights and obligations of the parties
hereto shall be governed by, the laws of the State of New York, without giving
effect to the conflicts of law principles thereof. Each of the parties hereto
hereby irrevocably and unconditionally consents to submit to the exclusive
jurisdiction of the courts of the State of New York and the United States of
America located in the County of New York for any action or proceeding arising
out of or relating to this Agreement and the transactions contemplated hereby
(and agrees not to commence any action or proceeding relating thereto except in
such courts), and further agrees that service of any process, summons, notice or
document by U.S. registered mail to its respective address set forth in Section
7 hereof shall be effective service of process for any action or proceeding
brought against it in any such court. Each of the parties hereto hereby
irrevocably and unconditionally waives any objection to the laying of venue of
any action or proceeding arising out of this Agreement or the transactions
contemplated hereby in the courts of the State of New York or the United States
of America located in the County of New York, and hereby further irrevocably and
unconditionally waives and agrees not to plead or claim in any such court that
any such action or proceeding brought in any such court has been brought in an
inconvenient forum.

                  13. COUNTERPARTS. This Agreement may be executed in any number
of counterparts, each of which shall be deemed an original, but all such
counterparts shall together constitute one and the same instrument.

                  14. INVALIDITY OF PROVISION. The invalidity or
unenforceability of any provision of this Agreement in any jurisdiction shall
not affect the validity or enforceability of the remainder of this Agreement in
that jurisdiction or the validity or enforceability of this Agreement, including
that provision, in any other jurisdiction. If any restriction or provision of
this Agreement is held unreasonable, unlawful or unenforceable in any respect,
such restriction or provision shall be interpreted, revised or

                                       20
<PAGE>

applied in a manner that renders it lawful and enforceable to the fullest extent
possible under law.

                  15. FURTHER ASSURANCES. Each party hereto shall do and perform
or cause to be done and performed all further acts and things and shall execute
and deliver all other agreements, certificates, instruments, and documents as
any other party hereto reasonably may request in order to carry out the intent
and accomplish the purposes of this Agreement and the consummation of the
transactions contemplated hereby.

                  16. ENTIRE AGREEMENT; EFFECTIVENESS. This Agreement
constitutes the entire agreement, and supersedes all prior agreements and
understandings, oral and written, between the parties hereto with respect to the
subject matter hereof.

                  IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed and delivered by their respective officers thereunto duly
authorized.

                                   FLCH HOLDINGS CORP.

                                   By:     _________________________
                                           Name:
                                           Title:

                                   FLCH ACQUISITION CORP.

                                   By:     _________________________
                                           Name:
                                           Title:

                                   FORSTMANN LITTLE & CO. EQUITY
                                   PARTNERSHIP - V, L.P.

                                   By:     FLC XXX Partnership,
                                           its general partner

                                   By:     _________________________
                                           Sandra J. Horbach,
                                           a general partner

                                       21
<PAGE>

                                   FORSTMANN LITTLE & CO. SUBORDINATED
                                   DEBT AND EQUITY MANAGEMENT BUYOUT
                                   PARTNERSHIP - VI, L.P.

                                   By:     FLC XXIX Partnership,
                                           its general partner

                                   By:     _________________________
                                           Sandra J. Horbach,
                                           a general partner

                                       22

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