Document:

Second Supplemental Indenture

 Exhibit 4.1 
 Execution Version 
 FRONTIER COMMUNICATIONS
CORPORATION 
 and 
 The Bank of New York Mellon, 
 as Trustee 
  
  
 SECOND SUPPLEMENTAL INDENTURE 
 Dated as of
October 1, 2009 

 TABLE OF CONTENTS 
  

							
	 	  	 	  	 	  	Page
	ARTICLE 1. DEFINITIONS	  	2
				
		  	Section 1.01.	  	Generally	  	2
				
		  	Section 1.02.	  	Definitions Used Herein	  	2
		
	ARTICLE 2. TERMS AND CONDITIONS OF THE NOTES	  	10
				
		  	Section 2.01.	  	Designation and Principal Terms	  	10
				
		  	Section 2.02.	  	Issuance of Additional Notes	  	10
				
		  	Section 2.03.	  	Denominations	  	11
				
		  	Section 2.04.	  	Form of Note	  	11
				
		  	Section 2.05.	  	Global Notes	  	11
				
		  	Section 2.06.	  	Other Terms	  	11
		
	ARTICLE 3. COVENANTS	  	11
				
		  	Section 3.01.	  	Limitation on Subsidiary Indebtedness	  	11
				
		  	Section 3.02.	  	Limitations on Liens	  	12
				
		  	Section 3.03.	  	Repurchase of Notes upon a Change of Control Triggering Event	  	14
				
		  	Section 3.04.	  	Termination of Certain Covenants	  	16
				
		  	Section 3.05.	  	Defeasance	  	16
		
	ARTICLE 4. REDEMPTION	  	16
				
		  	Section 4.01.	  	Optional Redemption	  	16
				
		  	Section 4.02.	  	Partial Redemption	  	17
		
	ARTICLE 5. MISCELLANEOUS	  	18
				
		  	Section 5.01.	  	Ratification of Indenture	  	18
				
		  	Section 5.02.	  	Governing Law	  	18
				
		  	Section 5.03.	  	Direction to Trustee	  	18
				
		  	Section 5.04.	  	The Trustee	  	18
				
		  	Section 5.05.	  	Successors	  	18
				
		  	Section 5.06.	  	Severability	  	18
				
		  	Section 5.07.	  	Counterpart Originals	  	18
				
		  	Section 5.08.	  	Table of Contents, Headings, etc	  	18
		
	EXHIBIT A	  	A-1

  

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 SECOND SUPPLEMENTAL INDENTURE, dated as of October 1, 2009 (this “Supplemental
Indenture”), between FRONTIER COMMUNICATIONS CORPORATION, a Delaware corporation (the “Company”), and THE BANK OF NEW YORK MELLON, a New York banking corporation, as trustee (the “Trustee”). 
 W I T N E S S E T H : 
 WHEREAS, the Company and the Trustee have duly executed and delivered an Indenture, dated as of April 9, 2009 (the “Base Indenture”), as supplemented and amended by the First Supplemental
Indenture, dated as of April 9, 2009 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), providing for the authentication, issuance and delivery of notes to be issued in one or more
series from time to time by the Company (the “Securities”); 
 WHEREAS, pursuant to the terms of the Base Indenture,
the Company desires to provide for the establishment of a new series of Securities to be known as its 8.125% Senior Notes due 2018 (the “Notes”) to be issued under the Indenture in an aggregate principal amount of $600,000,000, which may
be authenticated and delivered as provided in the Base Indenture; 
 WHEREAS, the Company desires to supplement and amend the
provisions of the Indenture to issue the Notes; 
 WHEREAS, Section 9.01 of the Base Indenture expressly permits the
Company, when authorized by a Board Resolution, and the Trustee, upon the written request of the Company, to enter into one or more supplemental indentures for the purposes, inter alia, of providing for the issuance of and establishing the
forms and terms of Notes of any series as permitted by Sections 2.01 and 2.02 of the Base Indenture, and permits the execution of such supplemental indentures without the consent of the Holders of any Notes then Outstanding; 
 WHEREAS, for the purposes hereinabove recited, and pursuant to a Board Resolution and due corporate action, the Company has duly determined
to execute and deliver to the Trustee this Supplemental Indenture; 
 WHEREAS, the Company has requested that the Trustee
execute and deliver this Supplemental Indenture; 
 WHEREAS, no consent of any Holder is required to execute and deliver this
Supplemental Indenture; and 
 WHEREAS, all conditions and requirements necessary to make this Supplemental Indenture a valid
and binding instrument in accordance with its terms have been done and performed, and the execution and delivery hereof has been in all respects duly authorized. 
  

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 NOW, THEREFORE, in consideration of the covenants and agreements set forth herein and for
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Trustee mutually covenant and agree as follows: 
 Article 1. Definitions. 
 Section 1.01. Generally.
Unless the context otherwise requires: 
 (a) A term not defined herein that is defined in the Base Indenture has
the same meaning when used in this Supplemental Indenture; 
 (b) A term defined anywhere in this Supplemental
Indenture has the same meaning throughout; 
 (c) A reference to a Section or Article is to a Section or Article
of this Supplemental Indenture; and 
 (d) All dollars are United States dollars. 
 Section 1.02. Definitions Used Herein. For all purposes of this Supplemental Indenture, except as expressly provided or unless
the context otherwise requires, the terms defined in this Section 1.02 shall have the respective meanings specified in this Section 1.02. 
 “Acquired Indebtedness” means Indebtedness of a Person existing at the time such Person becomes a Subsidiary of the Company or Indebtedness of a Subsidiary of the Company assumed in
connection with an Asset Acquisition by such Subsidiary; provided such Indebtedness was not Incurred in connection with or in contemplation of such Person becoming a Subsidiary or such Asset Acquisition. 
 “Adjusted Treasury Rate” means, with respect to any redemption date: 
  

	 	(1)	the yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published statistical release designated
“H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity
under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the Remaining Life, yields for the two published maturities most
closely corresponding to the Comparable Treasury Issue shall be determined and the Adjusted Treasury Rate shall be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month); or 

 

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	 	(2)	if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per annum equal to
the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption
date. 

 The Adjusted Treasury Rate shall be calculated on the third Business Day preceding the
redemption date. 
 “Asset Acquisition” means (1) an investment by the Company or any of
its Subsidiaries in any other Person pursuant to which such Person shall become a Subsidiary or shall be merged into or consolidated with the Company or any of its Subsidiaries; or (2) an acquisition by the Company or any of its Subsidiaries of
the property and assets of any Person other than the Company or any of its Subsidiaries that constitute substantially all of a division, operating unit or line of business of such Person. 
 “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange
Act, except that in calculating the beneficial ownership of any particular “person” as such term is used in Section 13(d)(3) of the Exchange Act, such “person” shall be deemed to have beneficial ownership of all securities
that such “person” has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only upon the occurrence of a subsequent condition. 
 “Capital Lease Obligations” means Indebtedness represented by obligations under a lease that is required to
be capitalized for financial reporting purposes in accordance with GAAP. The amount of Indebtedness shall be the capitalized amount of the obligations determined in accordance with GAAP consistently applied. 
 “Capital Stock” means, with respect to any entity, any and all shares, interests, participations or other
equivalents (however designated) of or in such entity’s Common Stock or other equity interests, and options, rights or warrants to purchase such Common Stock or other equity interests, whether now outstanding or issued after the Issue Date.

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

	 	(1)	the adoption of a plan relating to the liquidation or dissolution of the Company; 

  

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	 	(2)	any “person,” as such term is used in Section 13(d)(3) of the Exchange Act, becomes the Beneficial Owner, directly or indirectly, of more than 50% of the
voting power of the Voting Stock of the Company; provided that a transaction in which the Company becomes a Subsidiary of another Person shall not constitute a Change of Control if (a) the stockholders of the Company immediately prior to
such transaction beneficially own, directly or indirectly through one or more intermediaries, 50% or more of the voting power of the outstanding Voting Stock of such other Person of whom the Company is then a Subsidiary and (b) immediately
following such transaction no person (as defined above) other than such other Person, Beneficially Owns, directly or indirectly, more than 50% of the voting power of the Voting Stock of the Company; or 

  

	 	(3)	the first day on which a majority of the members of the Board of Directors of the Company are not Continuing Directors. 

 “Change of Control Triggering Event” means the occurrence of both a Change of Control and a Ratings Decline.

 “Commodity Agreement” means any forward contract, commodity swap agreement, commodity option
agreement or other similar agreement or arrangement. 
 “Common Stock” means: 
  

	 	(1)	in the case of a corporation, corporate stock; 

  

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

  

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

  

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

 “Comparable Treasury Issue” means the United States Treasury security
selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the Notes that would be utilized, at the time of selection and in accordance with customary financial practice in pricing new issues of corporate
debt securities of comparable maturity to the remaining term of the Notes (“Remaining Life”). 
  

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 “Comparable Treasury Price” means, for any redemption date,
(1) the average of four Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker obtains fewer than four such
Reference Treasury Dealer Quotations the average of all such quotations. 
 “Continuing
Director” means, as of any date of determination, any member of the Board of Directors of the Company who: 
  

	 	(1)	was a member of such Board of Directors on the Issue Date; or 

  

	 	(2)	was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board at the time
of such nomination or election. 

 “Credit Facilities” means one or more debt
facilities or commercial paper facilities, in each case with banks or other lenders, including the Rural Telephone Finance Cooperative, providing for revolving credit loans, term loans, receivables financings, including through the sale of
receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables, letters of credit or other borrowings, including capital markets debt, in each case, as amended, restated, modified, renewed,
refunded, replaced or refinanced in whole or in part from time to time. 
 “Currency Agreement”
means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement. 
 “Designated Subsidiary” means any Subsidiary of the Company (a) the Capital Stock of which the Company intends to distribute to its shareholders or (b) the assets or Capital Stock of which the Company intends to
sell or otherwise dispose of to any Person other than the Company or any of its Subsidiaries, in each case, as evidenced by a Board Resolution. 
 “Disqualified Stock” means any class or series of Capital Stock of any Person that by its terms or otherwise is (1) required to be redeemed prior to the Stated Maturity of the Notes,
(2) redeemable at the option of the holder of such class or series of Capital Stock at any time prior to the Stated Maturity of the Notes or (3) convertible into or exchangeable for Capital Stock referred to in clause (1) or
(2) above or Indebtedness having a scheduled maturity prior to the Stated Maturity of the Notes. 
  

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 “Fair Market Value” means the price that would be paid in
an arm’s length transaction between an informed and willing seller under no compulsion to sell and an informed and willing buyer under no compulsion to buy, as determined in good faith by the Board of Directors, whose determination, unless
otherwise specified, shall be conclusive if evidenced by a Board Resolution. 
 “GAAP” means
generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and in the statements and pronouncements of the Financial Accounting
Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, as in effect from time to time. All ratios and computations contained or referred to in this Supplemental
Indenture and the Base Indenture shall be computed in conformity with GAAP applied on a consistent basis. 
 “Global Notes” means, individually and collectively, each of the Notes that is a Global Security, issued in accordance with Section 2.05 hereof, substantially in the form of Exhibit A hereto. 
 “Guarantee” means any obligation, contingent or otherwise, of any Person directly or indirectly guaranteeing
any Indebtedness of any other Person and, without limiting the generality of the foregoing, any obligation, direct or indirect, contingent or otherwise, of such Person (1) to purchase or pay (or advance or supply funds for the purchase or
payment of) such Indebtedness of such other Person (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services (unless such purchase arrangements are on arm’s-length
terms and are entered into in the ordinary course of business), to take-or-pay, or to maintain financial statement conditions or otherwise) or (2) entered into for purposes of assuring in any other manner the obligee of such Indebtedness of the
payment thereof or to protect such obligee against loss in respect thereof (in whole or in part); provided that the term “Guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. The
term “Guarantee” used as a verb has a corresponding meaning. 
 “Incur” means, with
respect to any Indebtedness, to incur, create, issue, assume, Guarantee or otherwise become liable for or with respect to, or become responsible for, the payment of, contingently or otherwise, such Indebtedness; provided that (1) any
Indebtedness of a Person existing at the time such Person becomes a Subsidiary shall be deemed to be incurred by such Subsidiary at the time it becomes a Subsidiary and (2) neither the accrual of interest nor the accretion or amortization of
original issue discount nor the payment of interest or dividend in the form of additional Indebtedness shall be considered an Incurrence of Indebtedness. 
  

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 “Indebtedness” means, with respect to any Person at any
date of determination (without duplication): 
  

	 	(1)	all indebtedness of such Person for borrowed money; 

  

	 	(2)	all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; 

  

	 	(3)	all obligations of such Person in respect of letters of credit or other similar instruments (including reimbursement obligations with respect thereto, but excluding
obligations with respect to letters of credit (including trade letters of credit) securing obligations entered into in the ordinary course of business of such Person to the extent such letters of credit are not drawn upon or, if drawn upon, to the
extent such drawing is reimbursed no later than the fifth Business Day following receipt by such Person of a demand for reimbursement); 

  

	 	(4)	all obligations of such Person to pay the deferred and unpaid purchase price of property or services, which purchase price is due more than one year after the date of
placing such property in service or taking delivery and title thereto or the completion of such services, except Trade Payables; 

  

	 	(5)	all Capital Lease Obligations of such Person; 

  

	 	(6)	all Indebtedness of other Persons secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person; provided that the
amount of such Indebtedness shall be the lesser of (A) the Fair Market Value of such asset at such date of determination and (B) the amount of such Indebtedness; 

  

	 	(7)	all Indebtedness of other Persons Guaranteed by such Person to the extent such Indebtedness is Guaranteed by such Person; 

  

	 	(8)	to the extent not otherwise included in this definition, obligations under Interest Rate Agreements, Commodity Agreements and Currency Agreements, except for Interest
Rate Agreements, Commodity Agreements and Currency Agreements entered into for the purpose of fixing, hedging or swapping interest rate, commodity price or foreign currency exchange rate risk; and 

  

	 	(9)	all Disqualified Stock issued by such Person with the amount of Indebtedness represented by such Disqualified Stock being equal to the greater of its voluntary or
involuntary liquidation preference and its maximum fixed repurchase price, but excluding accrued dividends, if any. 

  

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 The amount of Indebtedness of any Person at any date shall be the
outstanding balance at such date of all unconditional obligations as described above and, with respect to contingent obligations, the maximum liability upon the occurrence of the contingency giving rise to the obligation, provided:

  

	 	(A)	that the amount outstanding at any time of any Indebtedness issued with original issue discount is the face amount of such Indebtedness less the remaining unamortized
portion of the original issue discount of such Indebtedness at such time as determined in conformity with GAAP; 

  

	 	(B)	that money borrowed and set aside at the time of the Incurrence of any Indebtedness in order to prefund the payment of the interest on such Indebtedness shall not be
deemed to be “Indebtedness” so long as such money is held to secure the payment of such interest; and 

  

	 	(C)	that Indebtedness shall not include: 

 (I) any liability for federal, state, local or other taxes; 
 (II)
workers’ compensation claims, self-insurance obligations, performance, surety, appeal and similar bonds and completion guarantees provided in the ordinary course of business; 
 (III) obligations arising from the honoring by a bank or other financial institution of a check, draft or similar instrument
drawn against insufficient funds in the ordinary course of business, provided that such Indebtedness is extinguished within two business days of its Incurrence; or 
 (IV) any Indebtedness defeased or called for redemption. 
 “Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Company.

 “Interest Rate Agreement” means any interest rate protection agreement, interest rate future
agreement, interest rate option agreement, interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedge agreement, option or future contract or other similar agreement or arrangement. 
 “Issue Date” means October 1, 2009. 
  

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 “Lien” means, with respect to any property or assets,
including Capital Stock, any mortgage or deed of trust, pledge, lien, hypothecation, assignment, deposit arrangement, security interest, charge, easement or zoning restriction that materially impairs usefulness or marketability, encumbrance,
security agreement, Capital Lease Obligation, conditional sale, any other agreement that has the same economic effect as any of the above, or any sale and leaseback transaction. 
 “Moody’s” means Moody’s Investor Services, Inc. or any successor rating agency. 
 “Permitted Amount” means, at any time, the sum of (a) 10% of the value of the consolidated total assets
of the Company and (b) 20% of the sum of the total consolidated current assets and net property, plant and equipment of the Company, in each case, as shown on, or computed from, the most recent quarterly or annual consolidated balance sheet
filed by the Company with the Commission or provided to the Trustee. 
 “Ratings Agencies” means
Moody’s and S&P. 
 “Ratings Decline” means the occurrence of the following on, or
within 90 days after, the date of the public notice of the occurrence of a Change of Control or of the intention by the Company or any third-party to effect a Change of Control (which period shall be extended so long as the rating of the Notes is
under publicly announced consideration for possible downgrade by any of the Ratings Agencies): (1) in the event that the Notes have an Investment Grade Rating by both Ratings Agencies, the Notes cease to have an Investment Grade Rating by one
or both of the Ratings Agencies, or (2) in any other event, the rating of the Notes by either of the Ratings Agencies decreases by one or more gradations (including gradations within ratings categories as well as between rating categories) or
is withdrawn. 
 “Reference Treasury Dealer” means any of the primary U.S. Government securities
dealers in New York City. 
 “Reference Treasury Dealer Quotations” means, with respect to each
Reference Treasury Dealer and any redemption date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted
in writing to the Independent Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. 
 “S&P” means Standard & Poor’s Rating Services, a division of The McGraw-Hill Companies, Inc., or any successor rating agency. 
  

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 “Stated Maturity” means, (1) with respect to any debt
security, the date specified in such debt security as the fixed date on which the final installment of principal of such debt security is due and payable and (2) with respect to any scheduled installment of principal of or interest on any debt
security, the date specified in such debt security as the fixed date on which such installment is due and payable. 
 “Subsidiary” means, with respect to any Person, any corporation, association or other business entity of which more than 50% of the voting power of the outstanding Voting Stock is owned, directly or indirectly, by such
Person and one or more other Subsidiaries of such Person. 
 “Trade Payables” means, with
respect to any Person, any accounts payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with
the acquisition of goods or services. 
 “Voting Stock” of any Person as of any date means the
Capital Stock of such Person that is normally entitled to vote in the election of the Board of Directors of such Person. 
 Article 2. Terms and Conditions of the Notes. 
 There is hereby authorized the following new series of Notes: 
 Section 2.01. Designation and Principal
Terms. 
 (a) The Notes are hereby authorized and designated as the “8.125% Senior Notes due 2018.”

 (b) The Notes shall be in an aggregate principal amount of $600,000,000, shall bear interest at a rate of
8.125% per annum, shall mature on October 1, 2018 and are subject to optional redemption, in whole or in part, at any time prior to the stated maturity date thereof pursuant to the terms set forth in Article 4 hereof. The Specified
Currency of the Notes shall be U.S. dollars. The Notes are not subject to a sinking fund. 
 (c) The date from
which interest shall accrue on the Notes, the interest payment dates of the Notes, the record date with respect to each payment of interest on the Notes and all other terms of the Notes are set forth in the form of Note attached hereto. 

Section 2.02. Issuance of Additional Notes. Subject to Section 2.02 of the Base Indenture, the Company shall be
permitted to amend this Supplemental Indenture in order to increase the aggregate principal amount of the Notes issued hereunder without the consent of the Holders of Notes. 
  

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 Section 2.03. Denominations. The Notes shall be issuable only in registered
form, without interest coupons, in minimum denominations of $2,000 and any integral multiples of $1,000 in excess thereof. 
 Section 2.04. Form of Note. The Notes are to be substantially in the form attached hereto as Exhibit A and shall have the terms set forth therein. 
 Section 2.05. Global Notes. The Notes shall be issued in the form of Global Notes. Each Global Note shall represent such of the Outstanding Notes as shall be specified therein and each shall
provide that it shall represent the aggregate principal amount of Outstanding Notes from time to time endorsed thereon and that the aggregate principal amount of Outstanding Notes represented thereby may from time to time be reduced or increased, as
appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the aggregate principal amount of Outstanding Notes represented thereby shall be made by the Trustee, in
accordance with instructions as required by the Indenture. 
 Section 2.06. Other Terms. The Notes shall be senior
unsecured indebtedness of the Company and shall rank pari passu with all of the Company’s other senior unsecured indebtedness outstanding from time to time. The Notes shall not be convertible into, or exchangeable for, any other
securities of the Company, except that Notes shall be exchangeable for other Notes to the extent provided herein or in the Base Indenture. 
 Article 3. Covenants. 
 In addition to the covenants set forth
in Article Four of the Base Indenture, the following additional covenants shall apply to the Company in connection with the Notes: 
 Section 3.01. Limitation on Subsidiary Indebtedness. The Company shall not permit any of its Subsidiaries to Incur any Indebtedness, other than 
  

	 	(A)	Indebtedness of any Subsidiary of the Company consisting of (i) Guarantees by such Subsidiary of Indebtedness of the Company under Credit Facilities or
(ii) Liens granted by such Subsidiary to secure such Guarantee or such Indebtedness of the Company, in an aggregate principal amount (without duplication), when taken together with the aggregate principal amount of Indebtedness secured by Liens
on the property or assets (which includes capital stock) of the Company and its Subsidiaries Incurred pursuant to the second sentence and clause (1) of the first paragraph of Section 3.02, not to exceed the Permitted Amount at the time of
Incurrence of such Guarantee or Lien; 

  

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	 	(B)	Indebtedness of any Designated Subsidiary or any Subsidiary of such Designated Subsidiary, provided that, with respect to this clause (B) only, no portion
of such Indebtedness is recourse to the Company or any of its other Subsidiaries; 

  

	 	(C)	Acquired Indebtedness; 

  

	 	(D)	Indebtedness existing on the Issue Date of any Subsidiary of the Company; 

  

	 	(E)	Indebtedness of any Subsidiary of the Company issued in exchange for, or the net proceeds of which are used or will be used to extend, refinance, renew, replace,
defease or refund, other Indebtedness that was permitted by this Supplemental Indenture to be Incurred under clause (C) or (D) of this Section 3.01; or 

  

	 	(F)	Indebtedness in an aggregate principal amount, at anytime outstanding, not to exceed $250.0 million. 

 The maximum amount of Indebtedness that may be Incurred pursuant to this Section 3.01 shall not be deemed to be exceeded with respect
to any outstanding Indebtedness due solely to the result of fluctuations in the exchange rates of currencies. 
 Section 3.02. Limitations on Liens. The Company will not, and will not permit any of its Subsidiaries to, allow any Lien on any of the Company’s or its Subsidiaries’ property or assets (which includes capital stock)
securing Indebtedness, unless the Lien secures the Notes equally and ratably with, or prior to, any other Indebtedness secured by such Lien, so long as such other Indebtedness is so secured, subject to certain exceptions described in this
Section 3.02. This Section 3.02 shall not apply to secured debt which the Company or its Subsidiaries may issue, assume, guarantee or permit to exist up to 10% of the value of the consolidated total assets of the Company as shown on, or
computed from, the most recent quarterly or annual balance sheet prepared in accordance with GAAP and filed by the Company with the Commission or provided to the Trustee. In addition, this Section 3.02 shall not apply to: 
  

	 	(1)	Liens securing Indebtedness and other obligations under any senior bank financing of the Company or any of its Subsidiaries, including guarantees of Indebtedness and
other obligations under such senior bank financings, in an amount of up to 20% of the sum of the total consolidated current assets and net property, plant and equipment of the Company as shown on, or computed from, the most recent quarterly or
annual balance sheet prepared in accordance with GAAP and filed by the Company with the Commission or provided to the Trustee; 

  

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	 	(2)	Liens existing on the Issue Date; 

  

	 	(3)	Liens on property that exist when the Company acquires the property that secure payment of the purchase price of the property; 

  

	 	(4)	Liens securing debt that any Subsidiary of the Company owes to the Company or to any other Subsidiary of the Company; 

  

	 	(5)	Liens on property, shares of stock or Indebtedness of any entity that exists when (a) it becomes a Subsidiary of the Company, (b) it is merged into or
consolidated with the Company or any of its Subsidiaries, or (c) the Company or any of its Subsidiaries acquires all or substantially all of the assets of the entity, provided that no such Lien extends to any other property of the
Company or any of its Subsidiaries; 

  

	 	(6)	Liens on property to secure debt incurred for development or improvement of the property; 

  

	 	(7)	Liens securing (a) nondelinquent performance of bids or contracts (other than for borrowed money, obtaining of advances or credit or the securing of debt),
(b) contingent obligations on surety and appeal bonds and (c) other similar nondelinquent obligations, in each case incurred in the ordinary course of business; 

  

	 	(8)	Liens securing purchase money Indebtedness or Capital Lease Obligations, provided that (a) any such Lien attaches to the property within 270 days after the
acquisition thereof and (b) such Lien attaches solely to the property so acquired; 

  

	 	(9)	Liens arising solely by virtue of any statutory or common law provision relating to banker’s Liens, rights of set-off or similar rights and remedies as to deposit
account or other funds, provided that such deposit account is not a dedicated cash collateral account and is not subject to restrictions against the Company’s access in excess of those set forth by regulations promulgated by the Federal
Reserve Board and such deposit account is not intended by the Company to provide collateral to the depository institution; 

  

	 	(10)	pledges or deposits under worker’s compensation laws, unemployment insurance laws or similar legislation; 

  

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	 	(11)	statutory and tax Liens for sums not yet due or delinquent or which are being contested or appealed in good faith by appropriate proceedings; 

 

	 	(12)	Liens arising solely by operation of law and in the ordinary course of business, such as mechanics’, materialmen’s, warehousemen’s and carriers’
Liens and Liens of landlords or of mortgages of landlords on fixtures and movable property located on premises leased in the ordinary course of business; 

  

	 	(13)	Liens on personal property (other than shares or debt of the Company’s Subsidiaries) securing loans maturing in not more than one year or on accounts receivables
in connection with a receivables financing program; 

  

	 	(14)	Liens securing financings in amounts up to the value of assets, businesses and properties acquired after the Issue Date; or any Lien upon any property to secure all or
part of the cost of construction thereof or to secure debt incurred prior to, at the time of, or within twelve months after completion of such construction or the commencement of full operations thereof (whichever is later), to provide funds for
such purpose; or 

  

	 	(15)	extensions, renewals or replacement of any of the Liens described above, if limited to all or any part of the same property securing the original Lien.

 Notwithstanding the foregoing, the Company will not, and will not permit any of its Subsidiaries to, Incur
Liens securing Indebtedness or other obligations pursuant to the second sentence or clause (1) of the first paragraph of this Section 3.02, unless, after giving effect to the Incurrence of such Liens, the aggregate amount (without
duplication) of (a) the Indebtedness and other obligations secured by Liens on the property or assets (which includes Capital Stock) of the Company and its Subsidiaries Incurred pursuant to the second sentence and clause (1) of the first
paragraph of this Section 3.02 plus (b) the Indebtedness of the Company’s Subsidiaries Incurred pursuant to clause (A) of the first paragraph of Section 3.01 shall not exceed the Permitted Amount at the time of the
Incurrence of such Liens. 
 Section 3.03. Repurchase of Notes upon a Change of Control Triggering Event. Upon the
occurrence of a Change of Control Triggering Event, each Holder of the Notes will have the right to require the Company to repurchase all or any part, equal to $2,000 and integral multiples of $1,000, of that Holder’s Notes (a “Change of
Control Offer”) on the terms set forth in this Supplemental Indenture at an offer price in cash equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest on the Notes to the applicable date of
repurchase (the “Change of Control Payment”). Within 30 days following any Change of Control

  

 14 

 
Triggering Event, if the Company had not, prior to the Change of Control Triggering Event, sent a redemption notice, with a copy to the Trustee, for all the Notes in connection with an optional
redemption permitted by Article 4 hereof, the Company will mail a notice (the “Change of Control Notice”), with a copy to the Trustee, to each registered Holder briefly describing the transaction or transactions that constitute a Change of
Control Triggering Event and offering to repurchase Notes on the date specified in such Change of Control Notice (the “Change of Control Payment Date”), pursuant to the procedures required by this Supplemental Indenture and described in
such notice (which procedures shall be reasonably acceptable to the Trustee). Provided that a definitive agreement relating to the Change of Control is in place at the time the Change of Control Offer is made, the Change of Control Notice shall
state that the Change of Control Offer is conditional upon the occurrence of the relevant Change of Control Triggering Event. The Change of Control Notice shall also specify the date by which such notice was required to be given, the date by which
the Holders have to make an election to repurchase and the procedures therefor, and whether the Holders may withdraw their election to repurchase and the procedures therefor. 
 The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder
to the extent such laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with the
provisions of this Section 3.03, the Company will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under the provisions of this Section 3.03 by virtue of such conflict.

 On the Change of Control Payment Date, the Company will, to the extent lawful: 
  

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

  

	 	(2)	deposit with the Paying Agent, by 10:00 a.m. New York City time, an amount equal to the Change of Control Payment in respect of all Notes or portions thereof properly
tendered; and 

  

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

 The Company will determine whether the Notes are properly
tendered, and the Trustee has no responsibility for, and may conclusively rely, upon the Company’s determination with respect thereto. Subject to receipt of funds by the Paying Agent, the Paying Agent shall promptly mail to each registered
Holder of Notes who has properly tendered the Change of Control Payment for such Notes, and the Trustee will promptly

  

 15 

 
authenticate, pursuant to Section 2.03 of the Indenture, and mail, or cause to be transferred by book entry, to each Holder a new Note equal in principal amount to any unpurchased portion of
the Notes surrendered, if any; provided that each such new Note will be in a principal amount of $2,000 and integral multiples of $1,000. Any Note so accepted for payment will cease to accrue interest on and after the Change of Control
Payment Date. 
 This Section 3.03 shall be applicable, except as described in Section 3.03, following a Change of
Control Triggering Event notwithstanding Article 4 hereof. 
 Notwithstanding the foregoing, the Company shall not be required
to make a Change of Control Offer upon a Change of Control Triggering Event if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 3.03
applicable to a Change of Control Offer made by the Company and purchases all Notes properly tendered and not withdrawn under the Change of Control Offer. 
 The Company may make a Change of Control Offer in advance of a Change of Control Triggering Event, and conditional upon the occurrence of such Change of Control Triggering Event, if a definitive agreement
is in place for the Change of Control Triggering Event at the time of making the Change of Control Offer. 
 Section 3.04.
Termination of Certain Covenants. In the event that the Notes receive a rating equal to or greater than BBB- by S&P and Baa3 by Moody’s or the equivalent thereof under any new ratings system if the ratings system of either such
agency shall be modified after the date hereof (with a stable or better outlook in the case of a rating equal to BBB- by S&P and Baa3 by Moody’s) (each such rating, an “Investment Grade Rating”), and notwithstanding that the Notes
may later cease to have an Investment Grade Rating from either S&P or Moody’s or both, the Company and its Subsidiaries shall be released from their obligations to comply with Section 3.01. The Trustee shall be entitled to receive, and
may conclusively rely upon, an Officers’ Certificate specifying that an Investment Grade Rating has occurred and stating that, pursuant to this Section 3.04, the Company has been released from its obligations to comply with
Section 3.01. 
 Section 3.05. Defeasance. The covenants herein shall be subject to defeasance as and to the
extent provided in Article 8 of the Base Indenture. 
 Article 4. Redemption. 
 Section 4.01. Optional Redemption. The Notes may be redeemed at the Company’s election, in whole or in part, at any time at
a redemption price equal to the greater of: 
  

	 	(1)	100% of the principal amount of the Notes to be redeemed then Outstanding; and 

  

 16 

	 	(2)	as determined by an Independent Investment Banker, the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be
redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate,
plus 50 basis points; 

 plus, in either of the above cases, accrued and unpaid interest to the date of redemption on the Notes to
be redeemed. 
 If the Company selects a redemption date that is on or after an interest record date and on or before the
related interest payment date, the accrued and unpaid interest, if any, shall be paid to the Person in whose name the Note is registered at the close of business on such interest record date. 
 The Company shall mail a notice of redemption at least 30 days but not more than 60 days before the redemption date to each Holder of the
Notes to be redeemed. 
 Unless the Company defaults in payment of the redemption price, on and after the redemption date,
interest shall cease to accrue on the Notes or portions thereof called for redemption. 
 To the extent any of the provisions of
this Article 4 conflict with Article 3 of the Base Indenture, the terms of this Article 4 shall be controlling. 
 Section 4.02. Partial Redemption. If less than all of the Notes are to be redeemed, selection of the Notes for redemption shall be made by the Trustee as follows: 
  

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

  

	 	(b)	if the Notes are not so listed, on a pro rata basis (subject to the procedures of the Depositary) or, to the extent a pro rata basis is not permitted, in such manner as
the Trustee shall deem to be fair and appropriate. 

 However, no Note of $2,000 in principal amount or less shall be redeemed in
part. If any Note is to be redeemed in part only, the notice of redemption mailed pursuant to Section 4.01 relating to such Note will state the portion of the principal amount to be redeemed. A new Note in principal amount equal to the
unredeemed portion shall be issued upon cancellation of the original Note. 
  

 17 

 Article 5. Miscellaneous. 
 Section 5.01. Ratification of Indenture. The Indenture, as supplemented by this Supplemental Indenture, is in all respects
ratified and confirmed, and this Supplemental Indenture shall be deemed a part of the Indenture in the manner and to the extent herein and therein provided. 
 Section 5.02. GOVERNING LAW. THIS SUPPLEMENTAL INDENTURE AND EACH NOTE ISSUED HEREUNDER SHALL BE DEEMED TO BE A CONTRACT UNDER THE LAWS OF THE STATE OF NEW YORK AND FOR ALL PURPOSES SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF SUCH STATE, WITHOUT REGARD TO THE PRINCIPLES OF CONFLICTS OF LAWS. 
 Section 5.03. Direction to Trustee. The Company hereby directs the Trustee to execute and deliver this Supplemental Indenture pursuant to Section 9.01 of the Base Indenture. 
 Section 5.04. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or
sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Company. 
 Section 5.05. Successors. All covenants and agreements of the Company in this Supplemental Indenture and the Notes shall bind its successors and assigns. All covenants and agreements of the
Trustee in this Supplemental Indenture shall bind its successors and assigns. 
 Section 5.06. Severability. In case
any provision in this Supplemental Indenture or in the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 5.07. Counterpart Originals. The parties may sign counterparts of this Supplemental Indenture. Each signed counterpart
shall be an original, but all of them together represent the same agreement. 
 Section 5.08. Table of Contents,
Headings, etc. The Table of Contents and headings in this Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part of this Supplemental Indenture and shall in no way modify or restrict any of
the terms or provisions hereof. 
 [Signatures on following pages] 
  

 18 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be
executed as of the date first above written. 
  

			
	COMPANY:
	
	 FRONTIER COMMUNICATIONS CORPORATION

		
	By:	 	 /s/ David R. Whitehouse

	 Name:
	 	David R. Whitehouse
	 Title:
	 	Senior Vice President and Treasurer

 [SIGNATURE PAGE TO SECOND SUPPLEMENTAL INDENTURE – FRONTIER COMMUNICATIONS
CORP.] 

			
	TRUSTEE:
	
	 THE BANK OF NEW YORK MELLON, as Trustee

		
	By:	 	 /s/ Timothy W. Casey

	 Name:
	 	Timothy W. Casey
	 Title:
	 	Senior Associate

 [SIGNATURE PAGE TO SECOND SUPPLEMENTAL INDENTURE – FRONTIER COMMUNICATIONS
CORP.] 

 EXHIBIT A 
 [FACE OF NOTE] 
 [IF THIS NOTE IS TO BE A GLOBAL NOTE, INSERT:]

 THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST
COMPANY (“DTC”), OR A NOMINEE OF THE DEPOSITORY TRUST COMPANY. THIS NOTE IS EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY TRUST COMPANY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE
INDENTURE AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITORY TRUST COMPANY TO A NOMINEE OF THE DEPOSITORY TRUST COMPANY OR BY A NOMINEE OF THE DEPOSITORY TRUST COMPANY TO THE DEPOSITORY TRUST COMPANY OR ANOTHER NOMINEE OF THE DEPOSITORY
TRUST COMPANY. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF DTC TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

 PURSUANT TO A RECOMMENDATION PROMULGATED BY THE COMMITTEE ON UNIFORM SECURITY IDENTIFICATION PROCEDURES, THE COMPANY HAS CAUSED CUSIP NUMBERS
TO BE PRINTED ON THE NOTES AND THE TRUSTEE MAY USE CUSIP NUMBERS IN NOTICES OF REDEMPTION OR REPURCHASE AS A CONVENIENCE TO HOLDERS. NO REPRESENTATION IS MADE AS TO THE ACCURACY OF SUCH NUMBERS EITHER AS PRINTED ON THE NOTES OR AS CONTAINED IN ANY
NOTICE OF REDEMPTION OR REPURCHASE AND RELIANCE MAY BE PLACED ONLY ON THE OTHER IDENTIFICATION NUMBERS PLACED THEREON. 
 Frontier Communications Corporation 
  

							
	No.             	  	8.125% SENIOR NOTE DUE 2018	  		  	
				
	CUSIP No. 35906AAB4	  		  		  	$            

 Frontier Communications Corporation, a corporation duly organized and existing under
the laws of the State of Delaware (the “Company”), for value received, hereby promises to pay             , or its registered assigns, the principal sum of
$             (             United States dollars) or such other principal amount as shall be set forth under
“Schedule of Increases or Decreases in Note” attached hereto on October 1, 2018 (the “Maturity Date”), in such coin or currency of the United States of America as at the time of payment shall be legal tender
for the payment of public and private debts, and to pay semi-annually in arrears on April 1 and October 1 of each year (each, an “Interest Payment Date”), commencing April 1, 2010, and on the Maturity Date (or
on any redemption or repayment date) the amount of interest on said principal sum, in like coin or currency, at the rate per annum specified in the title of this Note, from and including October 1, 2009 or from but excluding the most recent
Interest Payment Date to which interest has been paid or duly provided for until said principal sum has been paid or duly provided for. Interest shall be computed on the basis of a 360-day year consisting of twelve 30-day months. 
  

 A-1 

 The interest payable on any Interest Payment Date which is punctually paid or duly provided
for on such Interest Payment Date, will be paid to the person in whose name this Note (or one or more predecessor Notes) is registered at the close of business on March 15 or September 15 (in each case, whether or not a Business Day), as
the case may be (each, a “Regular Record Date”), immediately preceding such Interest Payment Date. Interest payable on this Note which is not punctually paid or duly provided for on any Interest Payment Date therefor, shall
forthwith cease to be payable to the Person in whose name this Note is registered at the close of business on the Regular Record Date immediately preceding such Interest Payment Date, and such interest may either (i) be paid to the Person in
whose name this Note is registered at the close of business on a special record date to be established for such payment by the Trustee or (ii) be paid in any other lawful manner not inconsistent with the requirements of any securities exchange
on which the Notes may be listed, all as more fully provided in the Indenture referred to on the reverse hereof. 
 Payment of
the principal, any premium and the interest due on the Maturity Date (or on any redemption or repayment date) of this Note will be made in immediately available funds upon surrender of this Note at the office or agency of the Paying Agent, as
defined on the reverse hereof, maintained for that purpose in the Borough of Manhattan, The City of New York, or at such other paying agency as the Company may determine. At the option of the Company, interest on the Notes may be paid by check
mailed to the address of the Person entitled thereto as such address shall appear in the register of Holders of the Notes. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof. Such further provisions shall for all purposes have the same effect as though fully set forth at this place. 
 This Note shall not be valid or become obligatory for any purpose until the certificate of authentication hereon shall have been signed by
the Trustee under the Indenture referred to on the reverse hereof. 
  

 A-2 

 IN WITNESS WHEREOF, the Company has caused this Note to be signed manually or by facsimile
by its duly authorized officers. 
 Dated: 
  

			
	Frontier Communications Corporation
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	

 This is one of the Notes of the series designated therein described in the within-mentioned
Indenture. 
 Dated: 
  

			
	The Bank of New York Mellon, as Trustee
		
	By:	 	  

		 	Authorized Officer

  

 A-3 

 [REVERSE OF NOTE] 
 1. INDENTURE. (a) This Note is one of a duly authorized issue of senior debt securities of the Company (hereinafter called the “Securities”), all issued or to be issued under
and pursuant to the Indenture, dated as of April 9, 2009 (the “Base Indenture”), between the Company and The Bank of New York Mellon, as Trustee (the “Trustee,” which term includes any successor
trustee under the Indenture), as amended and supplemented by the First Supplemental Indenture, dated as of April 9, 2009 (the “First Supplemental Indenture”), and the Second Supplemental Indenture, dated as of
October 1, 2009 (together with the Base Indenture and the First Supplemental Indenture, the “Indenture”), to which Indenture and all indentures supplemental thereto reference is hereby made for a description of the
rights, limitations of rights, obligations, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities, and the terms upon which the Securities are, and are to be, authenticated and delivered. The Company has
appointed the Trustee as the paying agent (the “Paying Agent,” which term includes any additional or successor Paying Agent appointed by the Company) with respect to the Notes. To the extent not inconsistent herewith, the
terms of the Indenture are hereby incorporated by reference herein. This Note is one of the series designated on the face hereof initially limited in aggregate principal amount to $600,000,000. 
 (b) All capitalized terms used in this Note which are defined in the Indenture and not otherwise defined herein shall have the meanings
assigned to them in the Indenture. 
 2. AMENDMENTS AND WAIVERS. The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Notes to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a
majority in principal amount of the Notes at the time Outstanding. The Indenture also contains provisions permitting the Holders of a majority in principal amount of the Notes at the time Outstanding to waive compliance by the Company with certain
provisions of the Indenture and certain past defaults under the Indenture and their consequences. 
 3. OBLIGATION TO PAY PRINCIPAL, PREMIUM, IF
ANY, AND INTEREST. No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company or any other obligor on the Securities, which is absolute and unconditional, to pay the
principal of, premium, if any, and interest on this Note in the manner, at the respective times, at the rate, and in the coin or currency herein prescribed. 
 4. OPTIONAL REDEMPTION. This Note is redeemable at the Company’s election, in whole or in part, at any time at a redemption price equal to the greater of: 
  

	 	(1)	100% of the principal amount of the Notes to be redeemed then Outstanding; and 

  

 A-4 

	 	(2)	as determined by an Independent Investment Banker, the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be
redeemed (not including any portion of such payments of interest accrued to the date of redemption) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate,
plus 50-basis points; 

 plus, in either of the above cases, accrued and unpaid interest to the date of redemption on the
Notes to be redeemed. 
 If the Company selects a redemption date that is on or after a Regular Record Date and on or before the
related Interest Payment Date, the accrued and unpaid interest, if any, shall be paid to the person in whose name the Note is registered at the close of business on such Record Date. 
 The Company will mail a notice of redemption at least 30 days, but not more than 60 days, before the redemption date to each Holder of the
Notes to be redeemed. 
 Unless the Company defaults in payment of the redemption price, on and after the redemption date,
interest will cease to accrue on the Notes or portions thereof called for redemption. 
 For purposes of the foregoing, the following terms
shall have the following meanings: 
 “Adjusted Treasury Rate” means, with respect to any
redemption date: 
  

	 	(1)	the yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published statistical release designated
“H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity
under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue (as defined below) (if no maturity is within three months before or after the Remaining Life (as defined below), yields for
the two published maturities most closely corresponding to the Comparable Treasury Issue shall be determined and the Adjusted Treasury Rate shall be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest
month); or 

  

 A-5 

	 	(2)	if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per annum equal to
the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price (as defined below)
for such redemption date. 

 The Adjusted Treasury Rate shall be calculated on the third Business Day preceding the redemption
date. 
 “Comparable Treasury Issue” means the United States Treasury security selected by an
Independent Investment Banker (as defined below) as having a maturity comparable to the remaining term of the Securities that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of
corporate debt securities of comparable maturity to the remaining term of the Securities (“Remaining Life”). 
 “Comparable Treasury Price” means, for any redemption date, (1) the average of four Reference Treasury Dealer Quotations (as defined below) for such redemption date, after excluding the highest and lowest
Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Company. 
 “Reference Treasury Dealer” means any of the primary U.S. Government securities dealers in New York City.

 “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any
redemption date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent
Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. 
 5. REPURCHASE AT OPTION OF
HOLDER. Upon the occurrence of a Change of Control Triggering Event, and subject to certain conditions set forth in the Indenture, the Company will be required to offer to purchase all of the Outstanding Notes at a purchase price equal to 101% of
the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase. 
 6. CERTAIN COVENANTS. The
Indenture restricts the ability of the Company and its Subsidiaries to incur Indebtedness at the Company’s Subsidiaries, create certain Liens and merge or consolidate with other companies. These covenants are subject to the covenant defeasance
procedures outlined in the Indenture. 
  

 A-6 

 7. EFFECT OF EVENT OF DEFAULT. If an Event of Default shall have occurred and be continuing under the
Indenture, the principal hereof may be declared, and upon such declaration shall become, due and payable in the manner, with the effect and subject to the conditions provided in the Indenture. 
 8. DEFEASANCE. The Indenture contains provisions for legal defeasance and covenant defeasance at any time of the Indebtedness on this Note upon compliance
by the Company with certain conditions set forth therein. 
 9. DENOMINATIONS; EXCHANGES. (a) The Notes are issuable in registered form
without coupons in a minimum denomination of $2,000 and integral multiples of $1,000 at the office or agency of the Company in the Borough of Manhattan, The City of New York, and in the manner and subject to the limitations provided in the
Indenture, Notes may be exchanged for a like aggregate principal amount of Notes of other authorized denomination. 
 10. HOLDER AS OWNER. Prior
to the due presentment of this Note for registration of transfer, the Company, the Trustee and any Agent of the Company or the Trustee may deem and treat the registered holder hereof as the absolute owner of this Note (whether or not this Note shall
be overdue and notwithstanding any notation of ownership or other writing hereon), for the purpose of receiving payment of, or on account of, the principal hereof and, subject to the provisions on the face hereof, interest hereon, and for all other
purposes, and none of the Company, the Trustee or any Agent of the Company or the Trustee shall be affected by any notice to the contrary. 
 11. NO LIABILITY OF CERTAIN PERSONS. No recourse under or upon any obligation, covenant or agreement of the Company in the Indenture or any indenture supplemental thereto or in any Note, or because of the creation of any Indebtedness
represented thereby, shall be had against any past, present or future incorporator, shareholder, officer or director, as such, of the Company or of any successor, either directly or through the Company, or any successor corporation, under any
constitution, statute or rule of law or by the enforcement of any assessment or otherwise, all such liability being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof. 
 12. LOSS, THEFT OR DESTRUCTION. In case any Note shall at any time become mutilated or be destroyed, lost or stolen and such Note or evidence of the loss,
theft or destruction thereof (together with the indemnity hereinafter referred to and such other documents or proof as maybe required in the premises) shall be delivered to the Trustee, a new Note of like tenor will be issued by the Company in
exchange for the Note so mutilated, or in lieu of the Note so destroyed or lost or stolen, but, in case of any destroyed or lost or stolen Note, only upon receipt of evidence satisfactory to the Trustee and the Company that such Note was destroyed
or lost or stolen and, if required by the

  

 A-7 

 
Company or the Trustee, upon receipt also of indemnity satisfactory to each of them. All expenses and reasonable charges associated with procuring such indemnity and with the preparation,
authentication and delivery of a new Note shall be borne by the owner of the Note mutilated, defaced, destroyed, lost or stolen. 
 13.
GOVERNING LAW. This Note shall be governed by, and construed in accordance with, the laws of the State of New York without regard to conflict of law provisions thereof. 
  

 A-8 

 ASSIGNMENT FORM 
 FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto: 
 PLEASE
INSERT SOCIAL SECURITY NUMBER OR TAXPAYER IDENTIFICATION NUMBER OF ASSIGNEE 
  

					
	  
	  		  	

 PLEASE PRINT OR TYPE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE 
  

					
	  
	  		  	

 the within Note of Frontier Communications Corporation and all rights thereunder and hereby
irrevocably constitutes and appoints such person attorney to transfer such Note on the books of Frontier Communications Corporation, with full power of substitution in the premises. 
  

					
	Dated:	 	                    	 	

  

					
	Signature	 	  
	  	

  

			
	    NOTICE:	  	THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN INSTRUMENT IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT OR ANY
CHANGE WHATSOEVER. THE SIGNATURE SHOULD BE MEDALLION GUARANTEED BY A COMMERCIAL BANK OR TRUST COMPANY, A MEMBER ORGANIZATION OF THE NEW YORK STOCK EXCHANGE.

  

							
	Signature Guarantee:	 		  	Tax Identification No.:	  	
	  
	 		  	  
	  	

  

 A-9 

 SCHEDULE OF INCREASES OR DECREASES IN NOTE 
 The initial principal amount of this Note is U.S.$            . The following increases or
decreases in the principal amount of this Note have been made: 
  

									
	 Date
	  	 Amount of decrease in
principal amount of
this
Note
	  	 Amount of increase in
principal amount of
this
Note
	  	 Principal amount of this
Note following such
decrease
or increase
	  	 Signature of authorized
officer of
Trustee

		  		  		  		  	
		  		  		  		  	

  

 A-10Separation and Release Agreement with Chandrashekhar Khandekar

 Exhibit 10.1 
 September 25, 2009 
 Chandrashekhar Khandekar 
 [address] 
  

	Re:	Separation and Release Agreement 

 Dear
Chandrashekhar: 
 As we discussed with you today, we have decided to terminate your employment at Ikanos. 
 This letter will confirm the terms of our agreement with respect to your termination. To ensure that there are no ambiguities, this letter
first explains in detail both your rights and obligations and those of Ikanos upon termination of your employment. If, in exchange for a release, you wish to accept additional benefits to which you would otherwise not be entitled, indicate your
agreement by signing, dating and returning the enclosed Release Agreement to the undersigned by October 16, 2009. 
 1.
Separation from Employment. 
 We have informed you that your employment with Ikanos is ending effective
September 25, 2009. Thereafter, you will no longer be an employee of Ikanos. You will be paid all earned and unpaid salary together with any accrued and unused vacation pay, minus deductions required or permitted by law in your final paycheck
delivered to you September 25, 2009. Nothing herein alters your status as an at-will employee. 
 Your coverage under the
Ikanos group plans also will end on September 30, 2009. However, you will have the opportunity to exercise your option to continue the benefits under the Ikanos group health plans under COBRA after that date. You will be provided a benefits
packet containing information on your COBRA rights and conversion to a direct pay plan. Please call Ikanos’ Human Resources Administrator if you have any questions about COBRA conversion. Additionally, please keep Human Resources informed of
any address changes in case we need to mail you future W-2’s and other correspondences to your attention. 
 In addition,
please note that your obligations under any proprietary and inventions assignment agreement will still remain in effect. 
 2.
Release Agreement. 
 In addition to the foregoing to which you are entitled, Ikanos is prepared to offer you additional
benefits to which you would otherwise not be entitled in exchange for an agreement to release all claims known or unknown. If you wish to accept such additional benefits in consideration for the release, your signature below will reflect your
agreement. You may take 21 days from receipt of this letter (i.e., until October 16, 2009) to consider whether you wish to accept these additional benefits in exchange for the release. Please also note that even if you do sign this Release
Agreement, you may change your mind and revoke it and forego the additional benefits, provided you notify the undersigned in writing within seven (7) days of your signing that you no longer want the additional benefits. 
 A. Consideration. 
 Provided that you sign this Release Agreement and return it to Ikanos, then Ikanos will provide the following additional consideration: 
 (1) Continued Base Salary. You will receive continuing payments of severance pay at a rate equal to your base salary for six (6) months from January 1, 2010 in accordance with the
Company’s normal payroll policies, paid biweekly. 
 (2) Benefits. Ikanos will continue to pay the cost for group
employee benefit coverage continuation under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) to the same extent previously provided by Ikanos’ group plans starting October 1, 2009 through April 30, 2010,
or until you become eligible for group insurance

 
benefits from another employer, whichever occurs first. You understand that you have an obligation to inform Ikanos if you receive group health coverage from another employer before
April 30, 2010, and that you may not increase the number of your designated dependants if any, during this time. 
 (3)
Accelerated Vesting of Equity Award. You will receive acceleration of 50% of your unvested Restricted Stock Units and 25% of unvested Stock Options. 
 B. Release. 
 Released Claims. 
 In consideration of these additional benefits, you, on behalf of your heirs, spouse and assigns, hereby completely release and forever
discharge Ikanos, its past and present affiliates, agents, officers, directors, shareholders, employees, attorneys, insurers, successors and assigns (collectively referred to as the “Company”) from any and all claims, of any and
every kind, nature and character, known or unknown, foreseen or unforeseen, based on any act or omission occurring prior to the date of you signing this Release Agreement, including but not limited to any claims arising out of your offer of
employment, your employment or termination of your employment with the Company or your right to purchase, or actual purchase of shares of stock of the Company (including, but not limited to, all rights related to or associated with stock options and
restricted stock units), including, without limitation, any claims for fraud, misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law, and securities fraud under any state or federal law. The matters released
include, but are not limited to, any claims under federal, state or local laws, including claims arising under the Age Discrimination in Employment Act of 1967 (“ADEA”) as amended by, including but not limited to, the Older
Workers’ Benefit Protection Act (“OWBPA”) and any common law tort contract or statutory claims, and any claims for attorneys’ fees and costs. 
 You understand and agree that this Release Agreement extinguishes all claims, whether known or unknown, foreseen or unforeseen, except for those claims expressly described below. You expressly waive any
rights or benefits under Section 1542 of the California Civil Code, or any equivalent statute. California Civil Code Section 1542 provides as follows: 
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY
AFFECTED HIS SETTLEMENT WITH THE DEBTOR.” 
 You fully understand that, if any fact with respect to any matter covered by
this Release Agreement is found hereafter to be other than or different from the facts now believed by you to be true, you expressly accept and assume that this Release Agreement shall be and remain effective, notwithstanding such difference in the
facts. 
 Claims Not Released. 
 The only claims not released through this Release Agreement are any claims that cannot be released by law, such as claims for unemployment benefits, workers’ compensation and/or claims relating to
the validity of this Release Agreement under the ADEA as amended by the OWBPA. 
 Enforcement of This Release Agreement. 
 You also understand and agree that if any suit is brought to enforce the provisions of this Release Agreement, with the exception of a claim
brought by you as to the validity of this Release Agreement under the ADEA as amended by the OWBPA, the prevailing party shall be entitled to its costs, expenses, and attorneys’ fees as well as any and all other remedies specifically authorized
under the law. 
 Miscellaneous. 
 You further acknowledge that during your employment, you may have obtained confidential, proprietary and trade secret information, including information relating to the Company’s products, plans,
designs and other valuable confidential information. You agree not to use or disclose any such confidential information unless required by subpoena or court order, and that you will first give the Company written notice of such subpoena or court
order with reasonable advance notice to permit the Company to oppose such subpoena or court order if it chooses to do so. 

 You also agree that for a period of 24 months after the termination of your employment, you
shall not induce or attempt to induce any employee, agent or consultant of the Company to terminate his or her association with the Company. This restriction shall not apply to individuals who respond to general job postings that advertise positions
at any company where you may work in the future. The Company and you agree that the provisions of this paragraph contain restrictions that are not greater than necessary to protect the interests of the Company. In the event of the breach or
threatened breach by you of this paragraph, the Company, in addition to all other remedies available to it at law or in equity, will be entitled to seek injunctive relief and/or specific performance to enforce this paragraph. 
 You agree that you will not intentionally disparage the Company or any of its products pr practices whether orally, in writing or otherwise.
Notwithstanding the foregoing, this will not limit your ability to provide truthful testimony as required by law or any judicial or administrative proceeding. 
 Further, you agree that you will submit all outstanding expense reimbursement reports within thirty (30) days of September 25, 2009 and that you waive the right to reimbursement of any expenses
that you fail to submit within this time period. 
 This Release Agreement constitutes the entire agreement between yourself and
the Company with respect to any matters referred to in this Release Agreement. This Release Agreement supersedes any and all of the other agreements between yourself and the Company, except for any proprietary and inventions assignment agreement,
which remain in full force and effect, and except for those provisions of the 1999 Stock Option Plan and the 2004 Equity Incentive Plan and award agreements or Notices of Grant that you may have received. No other consideration, agreements,
representations, oral statements, understandings or course of conduct which are not expressly set forth in this Release Agreement should be implied or are binding. This Release Agreement may only be superseded by amendment or separate agreement duly
authorized by the Company and signed by both you and either the Chief Executive Officer, the General Counsel or the Head of Human Resources. You understand and agree that this Release Agreement shall not be deemed or construed at any time or for any
purposes as an admission of any liability or wrongdoing by either yourself or the Company. You also agree that if any provision of this Release Agreement is deemed invalid, the remaining provisions will still be given full force and effect. The
terms and conditions of this Release Agreement will be interpreted and construed in accordance with the laws of California. 
 Prior to execution of this Release Agreement, you have apprised yourself of sufficient relevant information in order that you might intelligently exercise your own judgment. The Company has informed you in writing to consult an attorney
before signing this Release, if you wish. The Company has also given you at least 21 days in which to consider this Release Agreement, if you wish. You also understand that for a period of seven (7) days after you sign this Release Agreement,
you may revoke this Release Agreement, and that the Release Agreement shall not become effective until seven (7) days from the date of your signature, or on your last day of employment, whichever is later. 
 You have read this Release Agreement and understand all of its terms. You further acknowledge and agree that this Release Agreement is
executed voluntarily and with full knowledge of its legal significance. 
  

							
		 		 		 	Ikanos Communications, Inc.
				
	Dated:	 	 September 25, 2009
	 		 	 /s/    Tammy Carr

		 		 		 	Tammy Carr
		 		 		 	Director, Worldwide Human Resources

 EMPLOYEE’S ACCEPTANCE OF RELEASE 
 I HAVE CAREFULLY READ AND FULLY UNDERSTAND AND VOLUNTARILY AGREE TO ALL THE TERMS OF THE RELEASE IN EXCHANGE FOR THE ADDITIONAL BENEFITS TO
WHICH I WOULD OTHERWISE NOT BE ENTITLED. 
  

							
	Dated:	 	 September 25, 2009
	 		 	 /s/    Chandrashekhar Khandekar

		 		 		 	Chandrashekhar Khandekar

  

					
	Phone Number:

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