Document:

Amendment to Line of Credit Agreement

 Exhibit No. 4.6 
  
 S0667E 
  
 AMENDMENT TO LINE OF CREDIT AGREEMENT 
  
 This AMENDMENT TO LINE OF CREDIT AGREEMENT (this “Amendment Agreement”) is made and entered into as of May 20, 2004 by and between COMMONWEALTH
TELEPHONE COMPANY (“Borrower”) and COBANK, ACB (“CoBank”). 
  
 RECITALS 
  
 WHEREAS, Borrower and CoBank have previously entered into that certain Second Amended and Restated Line of Credit, dated as of June 4, 2002 (as amended, the “Line of Credit Agreement”); and 
  
 WHEREAS, Borrower and CoBank have previously entered into that certain
Agreement Regarding Amendments to Loan Documents, dated as of June 2, 2003, extending the term of the Line of Credit Agreement through June 1, 2004 and making certain changes to the financial covenants in the Line of Credit Agreement; and

  
 WHEREAS, Borrower and CoBank desire to extend the term
of the Line of Credit Agreement as more particularly set forth in this Amendment Agreement; 
  
 NOW, THEREFORE, in consideration of the foregoing and the agreements set forth in this Amendment Agreement, Borrower and CoBank hereby agree as follows: 
  
 SECTION 1. Section 1 of the Line of Credit Agreement is hereby
amended and restated in its entirety as follows: 
  
 “SECTION 1. The Loan. On the terms and conditions set forth in this Agreement, and subject to Section 11, CoBank agrees to make advances to the Borrower during the period commencing on June 2, 2004 and ending on May 31, 2005
(the “Availability Period”) in an aggregate principal amount up to $65,000,000 at any one time outstanding (the “Loan”). Within the limits of the Loan, the Borrower may borrow, repay and reborrow.” 
  
 SECTION 2. The first two sentences of Section 5 of
the Line of Credit Agreement are hereby amended and restated in their entirety as follows: 
  
 “The principal balance of the Loan shall be repaid on the first Business Day following the last day of the term of the Loan, as the
term may be renewed from time to time. The term of the Loan shall be from June 2, 2004 to May 31, 2005 (the “Maturity Date”).” 
  
 SECTION 2. All references to the Line of Credit Agreement amended hereby, in such agreements or in any other document, instrument or agreement
executed or delivered in 

 Amendment to Line of Credit Agreement 
 Commonwealth Telephone Company 
 S0667E 
  
 connection therewith, shall be deemed a reference to such Line of Credit Agreement as amended by this Amendment Agreement.
Except as expressly provided in this Amendment Agreement, the execution and delivery of this Amendment Agreement does not and will not amend, modify or supplement any provision of, or constitute a consent to or a waiver of any noncompliance with the
provisions of, the Line of Credit Agreement or any other document, instrument or agreement executed or delivered in connection therewith, and, except as specifically provided in this Amendment Agreement, the Line of Credit Agreement and all other
documents, instruments and agreements executed or delivered in connection therewith shall remain in full force and effect. 
  
 SECTION 3. Borrower hereby represents and warrants to CoBank as follows: 
  
 (a) Borrower has the right and power, and has taken all
necessary action to authorize it, to execute, deliver and perform this Amendment Agreement in accordance with its terms. This Amendment Agreement has been duly executed and delivered by Borrower and is a legal, valid and binding obligation of it,
enforceable against it in accordance with its terms. 
  
 (b) The execution, delivery and performance by Borrower of this Amendment Agreement in accordance with its terms do not and will not, by the passage of time, the giving of notice or otherwise, 
  
 (i) require any governmental approval or violate any
applicable law relating to it; or 
  
 (ii)
conflict with, result in a breach of or constitute a default under the organizational documents of Borrower, any material provision of any indenture, agreement or other instrument to which it is a party or by which it or any of its properties may be
bound or any governmental approval relating to it. 
  
 (c) The representations and warranties of Borrower set forth in the Line of Credit Agreement and in any other document, instrument or agreement executed or delivered in connection therewith are true and correct as of the date hereof as if
made on the date hereof. 
  
 SECTION 4.
This Amendment Agreement does not constitute a novation of the Line of Credit Agreement or any other document, instrument or agreement executed or delivered in connection therewith. 
  
 SECTION 5. This Amendment Agreement shall become effective as of its date and shall bind all parties
only upon the execution and delivery by Borrower and CoBank of this Amendment Agreement. 
  
 SECTION 6. Borrower agrees to pay to CoBank, on demand, all out-of-pocket costs and expenses incurred by CoBank, including, without
limitation, the reasonable fees and expenses of counsel retained by CoBank, in connection with the negotiation, preparation, execution and delivery of this Amendment Agreement. 
  

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 Amendment to Line of Credit Agreement 
 Commonwealth Telephone Company 
 S0667E 
  
 SECTION 7. This Amendment Agreement may be executed in any number of counterparts and by the
different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original and shall be binding upon all parties and their respective permitted successors and assigns, and all of which taken together shall
constitute one and the same agreement. 
  
 SECTION 8. Except to the extent governed by applicable federal law, this Amendment Agreement shall be governed by and construed in accordance with the laws of the State of Pennsylvania, without reference to choice of law doctrine.

  
 [Signatures Follow on Next Page] 
  

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 Amendment to Line of Credit Agreement 
 Commonwealth Telephone Company 
 S0667E 
  
 IN WITNESS WHEREOF, Borrower and CoBank have caused this Amendment Agreement to be executed and delivered by their
respective duly authorized officers as of the date first written above. 
  

									
	 CoBANK, ACB
	 	 	 	 COMMONWEALTH TELEPHONE COMPANY

					
	By:	 	 /s/ Christopher J. Motl

	 	 	 	By:	 	 /s/ Donald P. Cawley

	 	 	Christopher J. Motl, Vice President	 	 	 	 	 	 Donald P. Cawley
 Executive Vice president
and
 Chief Accounting Officer

					
	 	 	 	 	 	 	Attest:	 	 /s/ Raymond B. Ostroski

 Raymond B. Ostroski
 Senior Vice President, General
 Counsel and Corporate Secretary

					
	 	 	 	 	 	 	 	 	[CORPORATE SEAL]Agreement and Release

 Exhibit 10.16 
  
 AGREEMENT AND RELEASE 
  

This AGREEMENT AND RELEASE, dated as of July 20th 2004 is made and entered into by and between Commonwealth Telephone Enterprises, Inc. and its former or current directors, officers, administrators, trustees, shareholders, agents, employees, legal
representatives, servants, divisions, partnerships, its and their partners, predecessors, insurers, any and all benefit plans, parents, subsidiaries, affiliated corporations, successors and assigns (hereinafter collectively referred to as “the
Company”), and James DePolo, (hereinafter, the “Executive,” which includes himself and his legal representatives, agents, heirs, executors, administrators, successors and assigns), an adult individual, for the following purpose and
with reference to the following facts: 
  
 WHEREAS, Executive has
been employed by the Company as its Chief Operating Officer, and in connection with Executive’s anticipated separation from the Company, the parties desire to establish the terms of the cessation of their employment relationship. 
  
 NOW, THEREFORE, intending to be legally bound hereby, the Company and
Executive agree as follows: 
  
 1.    Job Duties.    Executive will satisfactorily perform his duties and responsibilities as Chief Operating Officer of the Company (as such duties and responsibilities are defined,
from time to time, by the Company’s Chief Executive Officer) until a replacement commences employment with the Company, but in no event later than January 31, 2005. Once a replacement for the Chief Operating Officer position commences
employment, Executive will continue employment with the Company and satisfactorily perform the duties and responsibilities of Community Affairs Advocate (as such duties are mutually agreed to, from time to time, by the Executive and the
Company’s Chief Executive Officer) through and including July 31, 2006. It is further understood and acknowledged that the Executive may accept other employment and 
  

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 engage in consulting activities, while employed by the Company, as long as it does not interfere with his duties as
CTE’s Community Affairs Advocate or violate Section 4 of this Agreement. 
  
 2.    Compensation.    Executive will be eligible for all currently applicable benefits under the same terms and conditions as are presently available, except as
set forth below, through and including July 31, 2006 (the “Termination Date”), whereupon Executive’s employment shall terminate. Executive shall be paid at the same rate and subject to the same withholdings as Executive’s current
annual base compensation of Two Hundred and Ninety Thousand Dollars ($290,000.00) until January 31, 2005, regardless of whether he has ceased his duties as Chief Operating Officer and commenced his duties as Community Affairs Advocate prior to that
date. Between February 1, 2005 and July 31, 2006, Executive shall be paid Eleven Thousand One Hundred and Eleven Dollars ($11,111.00) per month. Executive shall receive a short-term annual bonus for 2004, payable in February of 2005 of Three Hundred
Thousand Dollars ($300,000.00). Executive shall not be eligible for any short-term annual bonus compensation for the years 2005 and 2006, nor shall Executive be entitled to any compensation under the CTE Equity Incentive Plan for 2004, 2005 or 2006.
Executive acknowledges that he has participated in the CTE Executive Stock Purchase Plan for 2004, but he shall not be eligible to do so for 2005 or 2006. Executive shall be entitled to the equity awards and company matching contributions, already
provided to him under the CTE Equity Incentive Plan and CTE Executive Stock Purchase Plan, which shall vest according to the terms of said plans, except as provided below. 
  
 3.    Additional Consideration.    The Company will provide the
additional consideration set forth below to the Executive, on the condition that Executive executes, within twenty-one (21) days of the Termination Date, and does not revoke within seven (7) days after 
  

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 such execution, the General Release and Non-Disclosure Agreement appended hereto as Exhibit A: 
  
 a)    The Company will pay to Executive a one-time
payment of Three Hundred and Eighteen Thousand Dollars ($318,000.00), less applicable withholding taxes and deductions required by law. The payments shall be made within thirty (30) days after the expiration of the revocation period for the
execution of the appended General Release and Non-Disclosure Agreement. 
  
 b)    Notwithstanding the terms of the CTE Equity Incentive Plan and CTE Executive Stock Purchase Plan, all such equity awards and Company matching contributions, to Executive which have not vested
as of the Termination Date shall immediately vest on that date, and be exercisable within ninety (90) days thereafter, or as otherwise provided under the plans. 
  
 c)    The payments and agreements set forth in paragraph 3 (a) and (b) above shall also be subject to
the Executive’s compliance with the covenants set forth in paragraphs 4, 7, 8, and 11 below. Executive’s failure to comply with such covenants shall entitle the Company to seek reimbursement of payments made subsequent to July 31, 2006,
return of restricted stock and restricted stock units that had not vested prior to that date, and to consider void any stock options that had not vested prior to that date. 
  
 4.    Non-competition; Non-solicitation.    For thirty (30) months
following the date that his successor as Chief Operating Officer commences employment with the Company, Executive agrees that he will not, without the prior written consent of the Chief Executive Officer of the Company, directly or indirectly,
whether as a principal, agent, employee, consultant, contractor, advisor, representative, stockholder (other than as a holder of an interest of five percent (5%) or less in the equity of a publicly traded corporation), or in any other capacity:

  

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 (a) own, have any interest in, or provide services, advice or assistance to, any business, person or
entity which engages directly or indirectly in a business in competition with the Company in any geographical area in which the Company provides services (defined as the Commonwealth Telephone Company franchise territory and all current CTSI
markets); 
  
 (b) intentionally entice, induce or solicit, or
attempt to entice, induce or solicit, any individual or entity having a business relationship with the Company, whether as an employee, consultant, customer or otherwise, to terminate or cease such relationship. 
  
 5.    Termination for
Cause.    Notwithstanding the provisions of this Agreement and Release, Executive may be terminated prior to July 31, 2006 for cause, in which event all further obligations to Executive shall cease, other than the
provision of unpaid salary up to the date of such early termination. Specifically, Executive shall not be entitled to the continuation of employment, compensation and benefits as set forth in paragraph 2 above, nor shall he be entitled to the
additional consideration set forth in paragraph 3 above. Nonetheless, the remainder of this Agreement and Release shall continue to be effective and binding upon the parties to this agreement. For purposes of this Agreement and Release,
“cause” shall solely be defined as: 
  
 (a)    the willful or gross neglect of the Executive’s duties under this Agreement and Release, including the refusal of the Executive to follow the lawful written directives of the Board of Directors or the Chief
Executive Officer of the Company; 
  
 (b)    the Executive’s felony conviction or conviction of a crime which adversely could effect the reputation of the Company; 
  

(c)    any act of willful or intentional misconduct by the Executive which is materially injurious to the Company, monetarily or
otherwise. 
  

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 6.    Change in Control.    Executive acknowledges
that the CTE Equity Incentive Plan and CTE Executive Stock Purchase Plan contain change in control provisions, which provide for immediate vesting of equity awards and Company matching contributions in the event of a change in control. In such
event, Executive shall be subject to the same terms and conditions as other executives of the Company, and shall not be entitled to continued employment, compensation or benefits under the terms of this Agreement and Release either with the Seller
or the Buyer. Executive shall be entitled in the event of a change in control to the benefits as set forth in the CTE Equity Incentive Plan and CTE Executive Stock Purchase Plan, under such circumstances, as well as any other compensation afforded
to other executives of the Company as a result of said change of control. Executive shall also continue to be entitled to the lump sum payment described in paragraph 3(a) above, upon execution of the appended General Release and Non-Disclosure
Agreement and the expiration of the revocation period for such Agreement. In the event of a change in control, the Termination Date set forth in paragraph 2 shall become the date the change in control becomes effective. 
  
 7.    Confidentiality of Agreement and
Release.    Executive and Company acknowledge that the disclosure of this Agreement and Release or any of the terms hereof could prejudice or be detrimental to the other party. Accordingly, Executive and Company agree not
to discuss or divulge either the existence or contents of this Agreement and Release to anyone other than those persons or advisors that have a need to know, and further agree to use their best efforts to ensure that none of those individuals will
reveal its existence or contents to anyone else (unless the contents of this Agreement and Release are publicly disclosed by the Company as required by law). Executive also agrees that all confidential business information which Executive acquired
in Executive’s capacity as an Executive of any of the Releasees (as defined 
  

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 below) may not be disclosed, discussed or utilized by Executive in any manner without the prior written permission of the
Company. 
  
 8.    Mutual
Releases.    In consideration for the payments and other consideration set forth in this Agreement and Release, Executive fully releases, acquits and forever discharges the Company, and all of the Company’s former or
current respective directors, officers, administrators, trustees, shareholders, agents, employees, legal representatives, servants, parents, affiliates, subsidiaries, divisions, partnerships, its and their partners, predecessors, insurers, any and
all benefit plans, successors and assigns, and each of them (“Releasees”), of and from any and all claims, actions, causes of action, charges, judgments, grievances, obligations, rights, demands, debts, sums of money, wages, employee or
other damages, attorney’s fees, costs, losses, liabilities or accountings of whatever nature, whether known or unknown, disclosed or undisclosed, asserted or unasserted, in law or equity, contract or tort or otherwise, including without
limitation, any claims arising from violations of any federal, state or local fair employment practices or civil rights law, the Americans with Disabilities Act, the Age Discrimination in Employment Act, the Employee Retirement Income Security Act,
the Fair Labor Standards Act, Executive Order 11246, the Family and Medical Leave Act, the Pennsylvania Human Relations Act, the Pennsylvania Wage Payment and Collection Law, law or ordinance, any claims pursuant to The Company policies, contracts,
or understandings and any claims arising out of his employment by, or resignation from The Company or its predecessors predating the date of execution of this Agreement, and any and all other claims asserted or which could have been asserted in the
litigation referenced above, including any claims for counsel fees and costs. Further, Executive intends that this release shall discharge the Company to the maximum extent permitted by law. In addition and in consideration of the obligations and
representations made by the Executive in this Agreement and Release, the Company fully 
  

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 releases, acquits and further discharges the Executive and his successors and assigns of and from any and all claims,
actions, causes of action, charges, judgments, grievances, obligations, rights, demands, debts, sums of money, wages, employee or other damages, attorney’s fees, costs, losses, liabilities or accountings of whatever nature, whether known or
unknown, disclosed or undisclosed, asserted or unasserted, in law or equity, contract or tort or otherwise, arising out of his employment with the Company, including claims for counsel fees and costs. This Agreement does not apply to claims arising
after the effective date of this Agreement, except as said claims may relate to any legal action taken against the Executive, individually, by shareholders or other third parties in connection with any acts or failure to act by Executive in
performing his duties as an Officer of the Company. The Company agrees to indemnify the Executive and pay all reasonable expenses and legal fees of Executive related to said claims, as provided for in the Company’s By-Laws and to the fullest
extent permitted by Pennsylvania law. 
  
 9.    No filing.    Executive agrees that he will not file, and that he will not cause to be filed, any complaint or suit with any court, based on events occurring prior to the execution
of this Agreement and Release, and that he will waive all rights to compensation, damages or back pay in the event a charge or complaint is filed on his behalf with any administrative agency. Executive further agrees that should any action be taken
against the Company by him or on his behalf, the Company shall be entitled to a protective order against or summary judgment dismissing such judicial action, together with attorneys fees and costs incurred in securing such dismissal or judgment. The
Company also agrees that it will not file, nor will it cause to be filed, any complaint or suit with any court, based on events related to Executive’s employment with the Company prior to the execution of the Agreement and Release. 

 
 10.    Non-admission.    This Agreement and Release shall not in any way be construed as an admission by the Company of any violation of any federal, state or local statute or

  

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 regulation, or of any duty owed by the Company to Executive or unlawful or wrongful acts whatsoever and that the payments
and consideration hereunder are made solely to reach an amicable resolution relating to Executive’s separation from employment. 
  
 11.    Non-disparagement.    Executive and Company agree that they shall not make, or cause to be
made, any statement or communicate any information (whether oral or written) about the other that is critical, disparaging, false or defamatory. 
  
 12.    Employee Acknowledgements.    Executive acknowledges and understands that Executive has been
advised to consult with an attorney prior to executing this Agreement and Release. Executive also acknowledges and understands that Executive has the right to consider the terms of this Agreement and Release for twenty-one (21) days, running from
the date of Executive’s receipt of this Agreement and Release, before signing this Agreement and Release. Upon the signing of this Agreement and Release by Executive, Executive understands that Executive shall have a period of seven (7) days
following Executive’s signing of this Agreement and Release in which Executive may revoke this Agreement and Release. This Agreement and Release shall not become effective or enforceable until this seven (7) day revocation period has expired.

  
 13.    Separability.    If any term or provision of this Agreement and Release, or the application thereof to any person or circumstances will to any extent be invalid or unenforceable,
the remainder of this Agreement and Release, or the application of such terms to persons or circumstances other than those as to which it is invalid or unenforceable, will not be affected thereby, and each term of this Agreement and Release will be
valid and enforceable to the fullest extent permitted by law. 
  
 14.    Entire Agreement.    This Agreement and Release supersedes any and all prior agreements between the parties. For purposes of this paragraph, the provisions of the 
  

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 Company’s Equity Incentive Plan shall be incorporated herein by reference as if fully set forth, subject to the
provisions of this Agreement and Release. This Agreement and Release constitutes the entire understanding and agreement between the Company and Executive with regard to all matters herein. There are no other agreements, conditions, or
representations, oral or written, express or implied, with regard thereto. This Agreement may be amended only in writing, signed by both parties hereto. 
  
 15.    Successors, Binding Agreement.    This Agreement shall inure to the benefit of and be
enforceable by the Company, and its successors and assigns, to which Executive expressly hereby consents to such assignment, and to the Executive and his heirs and estate. If the Executive should die while any amount would be payable to the
Executive under this Agreement if the Executive had continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee or other designee, or,
if there is no such designee, to the Executive’s estate. 
  
 16.    Dispute Resolution.    Any dispute arising under this Agreement shall be governed by arbitration under the Employment Rules of the American Arbitration Association. 
  
 17.    Governing
Law.    This Agreement and Release shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania except as preempted by federal law. 
  
 18.    Counterparts.    This Agreement and Release may be executed in counterparts, each of which shall be deemed in original, but all of which together shall constitute one and the same
instrument. 
  

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 IN WITNESS WHEREOF, intending to be legally bound, the parties have executed this Agreement and Release
to be executed on the date set forth below. 
  

					
		
	 Witness:
	 	 Commonwealth Telephone Enterprises, Inc.

			
	 /s/    Raymond B. Ostroski

	 	 By:
	 	 /s/    Michael J. Mahoney

	 	 	 	 	 Michael J. Mahoney

	 	 	 	 	 President and Chief Executive Officer

			
	 	 	 Date:
	 	 7/20/04

	 	 	 	 	 
	 Witness:
	 	 	 	 
			
	 /s/    Raymond B. Ostroski

	 	 By:
	 	 /s/    James DePolo

	 	 	 	 	 James DePolo

			
	 	 	 Date:
	 	 7/15/04

  
  

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 EXHIBIT A 
  

GENERAL RELEASE AND NON-DISCLOSURE AGREEMENT 
  
 THIS GENERAL RELEASE AND NON-DISCLOSURE AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into by and between JAMES
DEPOLO (hereinafter, the “Executive”, which includes himself and his legal representatives, agents, heirs, executors, administrators, successors and assigns), and COMMONWEALTH TELEPHONE ENTERPRISES, INC. and its former or current
directors, officers, administrators, trustees, shareholders, agents, employees, legal representatives, servants, divisions, partnerships, its and their partners, predecessors, insurers, any and all benefit plans, parents, subsidiaries, affiliated
corporations, successors and assigns (hereinafter collectively referred to as “The Company), for the following purpose and with reference to the following facts: 
  
 WHEREAS, The Executive has been employed as Chief Operating Officer and Community Affairs Advocate with The Company; and

  
 WHEREAS, The Executive’s employment shall be terminated
effective July 31, 2006; and 
  
 WHEREAS, the parties desire to
reach agreement with respect to the terms of Executive’s employment and separation from employment from the Company without any judicial or administrative resolution of them and without any admission with respect to any issues presented or
capable of being presented; 
  
 NOW THEREFORE, in consideration of
the mutual promises contained herein and for other good and valuable consideration, the undersigned agree as follows: 
  
 1.    This Agreement shall not in any way be construed as an admission by the Company of any violation of any federal, state or local
statute or regulation, or of any duty owed by the Company to Executive or unlawful or wrongful acts whatsoever and that the payments 
  

 hereunder are made solely to reach an amicable resolution relating to Executive’s separation from employment.

  
 2.    The parties agree to cooperate fully
with each other in connection with any steps required to be taken as part of their obligations under this Agreement. In addition, Executive agrees to cooperate with the Company in connection with any administrative or litigation proceedings that may
arise in the future, as to matters on which he may have personal knowledge. Such cooperation shall include Executive’s willingness to be interviewed by the Company representatives, and to participate in such proceedings by deposition or
testimony. Executive shall be reimbursed for reasonable expenses incurred by reason of such cooperation. 
  
 3.    Executive agrees that he will not file, and that he will not cause to be filed, any complaint or suit with any court, based on
events occurring prior to the execution of this Agreement and that he will waive all rights to compensation, damages or back pay in the event a charge or complaint is filed on his behalf with any administrative agency. Executive further agrees that
should any such action be taken against the Company by him or on his behalf, the Company shall be entitled to a protective order against or summary judgment dismissing such judicial action, together with attorneys fees and costs incurred in securing
such dismissal or judgment. The Company also agrees that it will not file or cause to be filed, any complaint or suit with any court, based on events related to Executive’s employment with the Company prior to the execution of this Agreement.

  
 4.    In consideration of the promises set
forth in this Agreement, the Company will pay Executive, Three Hundred and Eighteen Thousand Dollars ($318,000.00), less applicable withholding taxes and deductions required by laws. Such payment shall be made as set forth in paragraph 14
below. In addition, notwithstanding the terms of the CTE Equity Incentive Plan and CTE Executive Stock Purchase Plan, all such equity awards and Company matching funds, which are not yet vested as of the Termination Date, shall immediately vest as
of that date, and be exercisable within ninety (90) days thereafter, or otherwise provided under the plans. 
  
 5.    The parties agree that the consideration described in paragraph 4 will be received by or on behalf of Executive in full and
complete settlement of all known or unknown claims, 
  

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 including, without limitation, damages, reimbursement, costs, attorney’s fees, medical or psychiatric expenses or
other compensation allegedly arising from Executive’s separation from employment with the Company. Executive waives all claims to any other benefits or payments whatsoever from the Company arising out of his separation from employment with the
Company, except as expressly contained in this Agreement or to the extent such claims are related to vested benefits pursuant to the Company qualified benefit plans. 
  
 6.    In consideration for the payments and other consideration set forth in paragraph 4 above,
Executive fully releases, acquits and forever discharges the Company, and all of the Company’s former or current respective directors, officers, administrators, trustees, shareholders, agents, employees, legal representatives, servants,
parents, affiliates, subsidiaries, divisions, partnerships, its and their partners, predecessors, insurers, any and all benefit plans, successors and assigns, and each of them (“Releasees”), of and from any and all claims, actions, causes
of action, charges, judgments, grievances, obligations, rights, demands, debts, sums of money, wages, employee or other damages, attorney’s fees, costs, losses, liabilities or accountings of whatever nature, whether known or unknown, disclosed
or undisclosed, asserted or unasserted, in law or equity, contract or tort or otherwise, including without limitation, any claims arising from violations of any federal, state or local fair employment practices or civil rights law, the Americans
with Disabilities Act, the Age Discrimination in Employment Act, the Employee Retirement Income Security Act, the Fair Labor Standards Act, Executive Order 11246, the Family and Medical Leave Act, the Pennsylvania Human Relations Act, the
Pennsylvania Wage Payment and Collection Law, law or ordinance, any claims pursuant to The Company policies, contracts, or understandings and any claims arising out of his employment by, or resignation from The Company or its predecessors predating
the date of execution of this Agreement, and any and all other claims asserted or which could have been asserted in the litigation referenced above, including any claims for counsel fees and costs. Further, Executive intends that this release shall
discharge the Company to the maximum extent permitted by law. In addition and in consideration of the obligations and representations made by the Executive in this Agreement and Release, the Company fully releases, acquits and further discharges the
Executive and his successors and assigns of and from any and all claims, actions, causes of action, charges, judgments, grievances, obligations, rights, demands, debts, sums of money, wages, employee or 
  

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 other damages, attorney’s fees, costs, losses, liabilities or accountings of whatever nature, whether known or
unknown, disclosed or undisclosed, asserted or unasserted, in law or equity, contract or tort or otherwise, arising out of his employment with the Company, including claims for counsel fees and costs. This Agreement does not apply to claims arising
after the effective date of this Agreement, except as said claims may relate to any legal action taken against the Executive, individually, by shareholders or other third parties in connection with any acts or failure to act by Executive in
performing his duties as an Officer of the Company. The Company agrees to indemnify the Executive and pay all reasonable expenses and legal fees of Executive related to said claims, as provided for in the Company’s By-Laws and to the fullest
extent permitted by Pennsylvania law. 
  
 7.    Executive hereby acknowledges that he has returned to the Company, all Company property, including without limitation, mailing lists, emails, reports, files, memoranda, records, computer hardware, software, credit
cards, door and file keys, computer access codes or disks and instructional manuals, and other physical or personal property which he received or prepared or helped prepare in connection with his employment with the Company, and that he has not
retained any copies, duplicates, reproductions or excerpts thereof. 
  
 8.    Executive agrees that in the course of his employment with the Company, he may have had access to and acquired Confidential Information. The term “Confidential Information” as used in this Agreement means
(a) confidential information of the Company, including without limitation, information received from third parties under confidential conditions, and (b) other technical, business or financial information or trade secrets or proprietary information
(including, but not limited to, account records, confidential plans for the creation or disposition of products, product development plans, marketing strategies and financial data and plans), the use or disclosure of which would be contrary to the
interests of the Company, its affiliates or related companies. Executive understands and agrees that such Confidential Information was disclosed to him in confidence and for the use of only the Company. Executive understands and agrees that (i) he
will keep such Confidential Information confidential at all times after his employment with the Company, and (ii) he will not make use of Confidential Information on his own behalf, or on behalf of any third party, unless required to do so under
compulsion of law. 
  

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 9.    Executive and Company agree that they shall not make, or cause to be made, any
statement or communicate any information (whether oral or written) about the other that is critical, negative, disparaging, false or defamatory. 
  
 10.    The Executive and Company agree that the terms, amount and underlying facts of the settlement reflected in this Agreement, and
the existence of a potential claim or of this Agreement, shall be held strictly confidential. They further agree that they shall not describe, characterize or disclose any such information in any manner whatsoever, directly or indirectly, orally or
in writing to anyone not a party to this settlement agreement, except to the extent required by law or to say “the matter has been resolved” if asked, excluding those persons or advisors who have a need to know. Both parties shall secure
the agreement of such individuals to maintain the confidentiality of this Agreement prior to disclosure. Both parties further understand that disclosure of this Agreement and/or the terms and conditions herein by him or them, or by anyone acting on
their behalf, shall be deemed a breach of this Agreement. The Executive and the Company have the right to seek any and all legal or equitable remedies to which they are entitled by reason of a breach of this paragraph. The above conditions shall not
apply to any of the contents of this Agreement which the Company may have to publicly disclose as required by law. 
  
 11.    Executive acknowledges that he remains bound by and subject to the non-competition and non-solicitation provisions of the
Agreement and Release between the parties, executed on 7/20/04, which are incorporated herein by reference as if fully set forth. 
  
 12.    The Executive and the Company shall be entitled to have the provisions of paragraphs 7, 8, 9, 10 and 11 (as may be applicable)
specifically enforced through injunctive relief, without having to prove the adequacy of the available remedies at law, and without being required to post bond or security, it being acknowledged and agreed that such breach will cause irreparable
injury to the Company and that money damages will not provide an adequate remedy to the Company. 
  
 13.    Each side shall be responsible for its own attorney’s fees and costs. 
  

 -5- 

 14.    Executive represents that he has had the time and opportunity to discuss, and
has discussed, all aspects of this Agreement thoroughly with his counsel, that he has been informed by the Company that he shall have, and that he has in fact had, at least twenty-one (21) days to consider the terms and conditions of this Agreement,
and that thereafter and in accordance with the Older Worker Benefit Protection Act, he will have an additional seven (7) day period following his execution of the Agreement to revoke the Agreement. The payment of the consideration set forth in
paragraph 5 shall be payable within thirty (30) days following the Company’s receipt of a fully executed copy of this Agreement, but in no event before the expiration of the seven (7) day revocation period and except as otherwise set forth
herein. Executive further represents that he understands all of the provisions herein, and that he is entering into this Agreement knowingly and voluntarily. Executive acknowledges he has no physical or mental impairment of any kind which has
interfered with his ability to read and understand the meaning of this Agreement or of its terms. He further represents that in executing this Agreement, he does not rely on inducements, promises or representations made by anyone other than those
embodied herein. The Agreement shall not be effective until after the conclusion of the revocation period set forth above. 
  
 15.    This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania, except as
preempted by federal law. Should any provision of this Agreement be declared or determined by any Court to be illegal or invalid, the validity of the remaining parts, terms or provisions shall not be affected thereby and said illegal or invalid
part, term, or provision shall be deemed not to be a part of this General Release and Non-Disclosure Agreement. 
  
 16.    All parties understand and agree that the terms set out in this Agreement, including, but not limited to, the confidentiality,
cooperation and non-disparagement provisions, shall survive the signing of this Agreement and the payment of the various sums specified in this Agreement. 
  
 17.    The Executive represents that in signing this Agreement, he has not relied upon any representation or statement not set forth
herein. No amendment or modification of this Agreement shall be valid or binding upon the parties unless in writing and signed by all parties. 
  

 -6- 

 18.    This Agreement may be executed in counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the same instrument. 
  
 IN WITNESS WHEREOF, intending to be legally bound, the parties have executed this General Release and Non-Disclosure Agreement on the date set forth below. 
  

					
		
	 Witness:
	 	 Commonwealth Telephone Enterprises, Inc.

			
	
	 	 By:
	 	

	 	 	 	 	 Michael J. Mahoney
 President and Chief Executive Officer

			
	 	 	 Date:
	 	

	 Witness:
	 	 	 	 
			
	
	 	 By:
	 	

	 	 	 	 	 James DePolo

			
	 	 	 Date:
	 	

  

 -7-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00069-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00069-of-00352.parquet"}]]