Document:

EX-10.1 AMENDMENT TO STOCK OPTION AGREEMENT

 

Exhibit 10.1

AMENDMENT TO EBANK FINANCIAL SERVICES, INC. 

STOCK OPTION AGREEMENT WITH JAMES L. BOX

     This Amendment to the Stock Option Agreement (as defined herein), effective as of August 29,
2005, is made by and between James L. Box and ebank Financial Services, Inc. (the “Company”).

     WHEREAS, the Compensation Committee of the Company approved an amendment to that certain ebank
Financial Services, Inc. Stock Option Agreement dated August 9, 2004 by and between James L. Box
and the Company (the “Stock Option Agreement”);

     WHEREAS, this Amendment sets forth the terms and conditions of the amendment as approved by
the Compensation Committee of the Company;

     NOW, THEREFORE, for and in consideration of the premises, the mutual covenants contained
herein and other good and valuable consideration, the receipt, legal sufficiency and adequacy of
which are hereby acknowledged, the parties, each intending to be legally bound hereby, agree to
amend the Stock Option Agreement as follows:

     1. Section 8 of the Stock Option Agreement is amended by deleting such section in its entirety
and inserting in lieu thereof the following:

8. Termination of Employment. In the event of the termination of the Optionee’s
employment with the Company or any of its Subsidiaries for any reason other than for
“Cause” (as such term is defined below), the Optionee, his or her personal
representative, or persons to whom all or a portion of this Option is transferred in
accordance with Section 5 hereof, may exercise this Option at any time within a period
ending on August 9, 2014, the expiration date of this Option.

In the event of the termination of the Optionee’s employment with the Company or any
of its Subsidiaries for Cause, this Option and all of the Options granted hereunder
shall terminate immediately and shall not thereafter be exercisable.

For the purpose of this Stock Option Agreement, the term “Cause” shall have the same
meaning as such term is defined in that certain Employment Agreement by and between
James L. Box and ebank, originally dated May 17, 2002, as amended.

     2. Except to the extent this Amendment modifies the Stock Option Agreement, all of the
provisions of the Stock Option Agreement shall remain active and in full effect.

     IN WITNESS WHEREOF, the parties have caused their respective signatures to be affixed to this
Amendment, effective as of the date first above written.

	 	 	 	 	 
	 	ebank Financial Services, Inc.

 	 
	 	/s/ Wayne W. Byers
 	 
	 	Name:  	Wayne W. Byers 	 
	 	Title:  	CFO 	 
	 
	 	Optionee

 	 
	 	/s/ James L. Box
 	 
	 	James L. BoxFirst Amendment to the Credit Agreement

    

    EXECUTION
      COPY

    

    

    FIRST
      AMENDMENT

    

    Dated
      as
      of August 31, 2005

    

    TO

    

    CREDIT
      AGREEMENT

    

    Dated
      as
      of February 16, 2005

    

    among

    

    CINCINNATI
      BELL INC.,

    as
      the
      Borrower,

    

    Certain
      Subsidiaries of the Borrower

    from
      time
      to time party thereto,

    as
      Guarantors,

    

    BANK
      OF
      AMERICA, N.A.,

    as
      Administrative Agent and an L/C Issuer,

    

    PNC
      BANK,
      NATIONAL ASSOCIATION

    as
      Swingline Lender and an L/C Issuer,

    

    and

    

    The
      Other
      Lenders party thereto

    

    

    _____________________________________________________________________________

    

    BANC
      OF
      AMERICA SECURITIES LLC

    as
      Sole
      Lead Arranger and Book Manager

    

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    FIRST
      AMENDMENT 

    TO

    CREDIT
      AGREEMENT

    

    

    THIS
      FIRST AMENDMENT TO CREDIT AGREEMENT (this
      “Amendment”),
      dated
      as of August 31, 2005, is entered into by and among CINCINNATI BELL INC., an
      Ohio corporation (the “Borrower”),
      the
      Guarantors signatories hereto, the Lenders signatories hereto and BANK OF
      AMERICA, N.A., as Administrative Agent and an L/C Issuer, and PNC BANK, NATIONAL
      ASSOCIATION, as Swingline Lender and an L/C Issuer.

     

    

    RECITALS

    

    A. The
      Borrower, the Guarantors, the Lenders, the Swingline Lender, the L/C Issuers
      and
      the Administrative Agent are party to that certain Credit Agreement dated as
      of
      February 16, 2005 (as amended, modified, restated or supplemented from time
      to
      time prior to the First Amendment Effective Date, the “Existing
      Credit Agreement”).
      

     

    

    B. The
      Borrower has requested that the Existing Credit Agreement be amended to (i)
      establish a
      $400
      million tranche B term loan facility (the
      “Tranche
      B Facility”),
      and
      (ii) effect certain other modifications to the Existing Credit
      Agreement.

     

    

    C. The
      parties have agreed to amend the Existing Credit Agreement as set forth
      herein.

     

    

    D. The
      Lenders are willing to provide the Tranche B Facility on the terms and
      conditions set forth herein and in the Amended Credit Agreement (as defined
      below).

     

    

    AGREEMENT

    

    NOW,
      THEREFORE, IN CONSIDERATION
      of the
      premises and other good and valuable consideration, the receipt and sufficiency
      of which are hereby acknowledged, the parties hereto agree as
      follows:

     

    

    
      	I.  	
              CERTAIN
                DEFINITIONS

            

    

     

    1.  Certain
      Definitions.
      The
      following terms used in this Amendment, including its preamble and recitals,
      have the following meanings:

     

    “Amended
      Credit Agreement”
means
      the Existing Credit Agreement as amended hereby.

     

    “First
      Amendment Effective Date”
shall
      have the meaning assigned to such term in introductory paragraph of Article IV
      hereof.

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
       

      “Requisite
        Lenders”
means,
        collectively, the Required Lenders and each Lender that has agreed to provide
        a
        Tranche B Term Loan Commitment as of the First Amendment Effective
        Date.

       

    

    2.  Other
      Definitions.
      Unless
      otherwise defined herein or the context otherwise requires, terms used in this
      Amendment, including its preamble and recitals, have the meanings provided
      in
      the Amended Credit Agreement.

     

    
      	II.  	
              AMENDMENTS
                TO EXISTING CREDIT
                AGREEMENT

            

    

     

    Effective
      on and subject to the occurrence of the First Amendment Effective Date, (i)
      the
      Existing Credit Agreement is hereby amended in its entirety to read in the
      form
      attached as Annex I
      to this
      Amendment, (ii) Schedule 2.01
      of the
      Existing Credit Agreement is hereby amended by adding the table set forth in
      the
Supplement
      to Schedule 2.01
      attached
      as Annex II
      to this
      Amendment, (iii) Exhibit A
      of the
      Existing Credit Agreement is hereby amended in its entirety to read in the
      form
      of such Exhibit A
      attached
      as Annex III
      to this
      Amendment, (iv) the Existing Credit Agreement is hereby amended by adding
Exhibit C-2
      in the
      form attached as Annex IV
      to this
      Amendment, (v) Exhibit F
      of the
      Existing Credit Agreement is hereby amended in its entirety to read in the
      form
      of such Exhibit F
      attached
      as Annex V
      to this
      Amendment, and (vi) Schedule
      1.01(b),
      Schedule
      6.13(a)
      and
Schedule
      6.13(b)
      of the
      Existing Credit Agreement are hereby amended in their entireties to read in
      the
      form of such Schedule
      1.01(b),
      Schedule
      6.13(a)
      and
Schedule
      6.13(b)
      attached
      as Annex VI
      to this
      Amendment.

     

    
      	III.  	
              TRANCHE
                B TERM LOAN

            

    

     

    Effective
      as of the First Amendment Effective Date, by execution of this Amendment, each
      Lender party hereto hereby confirms its Tranche B Term Loan Commitment in the
      aggregate principal amount set forth opposite such Lender’s name on Schedule 2.01
      to the
      Amended Credit Agreement and agrees to make its portion of the Tranche B Term
      Loan to the Borrower on the First Amendment Effective Date in accordance with
      Section 2.01(c)
      of the
      Amended Credit Agreement. If such Lender is also a Revolving Lender, such Lender
      acknowledges and agrees that its Tranche B Term Loan Commitment is in addition
      to any other Commitment of such Lender under the Amended Credit Agreement.
      If
      such Lender is not already party to the Existing Credit Agreement, such Lender
      (i) acknowledges, agrees and confirms that, by its execution of this Amendment,
      such Lender will, as of the First Amendment Effective Date, be deemed to be
      a
      party to the Amended Credit Agreement and be bound by the provisions of the
      Amended Credit Agreement and, to the extent of its Tranche B Term Loan
      Commitment and Tranche B Term Loans, have the rights and obligations of a Lender
      thereunder and (ii) hereby ratifies, as of the date hereof, and agrees to be
      bound by, all of the terms, provisions and conditions applicable to the Lenders
      contained in the Amended Credit Agreement.

     

    
      	IV.  	
              CONDITIONS
                PRECEDENT TO EFFECTIVENESS

            

    

     

    This
      Amendment shall become effective as of the date hereof when each of the
      following conditions precedent has been satisfied (the “First
      Amendment Effective Date”):

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    1.  Execution
      of Counterparts of Amendment.
      The
      Administrative Agent shall have received counterparts of this Amendment which
      collectively shall have been duly executed on behalf of each of the Borrower,
      each of the Guarantors and the Requisite Lenders. 

     

    2.  Organization
      Documents.
      The
      Administrative Agent shall have received the
      following:

     

    (i)  Resolutions.
      Copies
      of resolutions of each Loan Party approving and adopting this Amendment, the
      incurrence of the Indebtedness evidenced by the Tranche B Term Loans and the
      other transactions contemplated hereby and authorizing execution and delivery
      of
      this Amendment, certified by a secretary or assistant secretary of such Loan
      Party to be true and correct and in force and effect as of the First Amendment
      Effective Date.

     

    (ii)  Secretary’s
      Certificate.
      A
      certificate of the secretary or assistant secretary of each Loan Party dated
      as
      of the First Amendment Effective Date certifying that such Loan Party has not
      modified its articles of incorporation or bylaws since such documents were
      last
      delivered to the Administrative Agent or, if such documents have not previously
      been delivered or have been so modified, attaching copies of such
      documents.

     

    (iii)  Good
      Standing.
      Copies
      of certificates of good standing, existence or its equivalent with respect
      to each Loan Party certified as of a recent date by the appropriate Governmental
      Authorities of the state or other jurisdiction of its incorporation or
      organization.

     

    (iv)  Incumbency.
      An
      incumbency certificate of each officer of a Loan Party executing this Amendment
      or any of the documents referred to in this Section IV certified by a secretary
      or assistant secretary to be true and correct as of the First Amendment
      Effective Date.

     

    3.  Tranche
      B Term Notes.
      The
      Administrative Agent shall have received a Tranche B Term Note in favor of
      each
      Lender requesting a Tranche B Term Note, which shall have been duly executed
      on
      behalf of the Borrower and dated the First Amendment Effective
      Date.

     

    4.  Opinion
      of Counsel.
      The
      Administrative Agent shall have received, in each case dated as of the First
      Amendment Effective Date and in form and substance reasonably satisfactory
      to
      the Administrative Agent: (i)
      a legal
      opinion of Cravath, Swaine & Moore LLP, special counsel for the Loan
      Parties, and (ii)
      a legal
      opinion of The Law Offices of Thomas W. Bosse, PLLC, Esq., special Ohio counsel
      for each Loan Party organized in the State of Ohio.

     

    5.  Officer’s
      Certificates.
      The
      Administrative Agent shall have received a certificate or certificates executed
      by a Responsible Officer of the Borrower as of the First Amendment Effective
      Date, in form and substance satisfactory to the Administrative Agent, stating
      that (i) the conditions specified in Section 5.02(a)
      and
(b)
      of the
      Amended Credit Agreement have been satisfied; provided
      that for
      the purposes of such certificate the reference to the date of the
      Audited

     

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    Financial
      Statements in Section
      6.05(e)
      of the
      Amended Credit Agreement shall be deemed to be replaced by a reference to
      December 31, 2004, (ii) all governmental, shareholder and third party consents
      and approvals, if any, with respect to the Amendment and/or the Amended Credit
      Agreement and the transactions contemplated thereby have been obtained, and
      (iii) no action, suit, investigation or proceeding is pending or threatened
      in
      any court or before any arbitrator or governmental instrumentality that purports
      to affect any Loan Party or any transaction contemplated by the Amendment and/or
      Amended Credit Agreement, if such action, suit, investigation or proceeding
      could reasonably be expected to have a Material Adverse Effect.

     

    6.  2003
      16% Junior Notes.
      The
      Administrative Agent shall have received evidence, in form and substance
      satisfactory to it, that the proceeds of the Tranche B Term Loan, Revolving
      Loans made on the First Amendment Effective Date and, if necessary, other funds
      available to the Borrower, shall have been applied to the payment in full of
      the
      2003 16% Junior Notes.

     

    7.  No
      Default.
      No
      Default or Event of Default shall exist, or would result from, the proposed
      Credit Extensions on the First Amendment Effective Date or from the application
      of the proceeds thereof.

     

    8.  Accuracy
      of Representations and Warranties.
      The
      representations and warranties of the Borrower and each other Loan Party
      contained in Article VI
      or any
      other Loan Document, or which are contained in any document furnished at any
      time under or in connection herewith or therewith, shall be true and correct
      in
      all material respects on and as of the First Amendment Effective Date;
provided
      that the
      reference to the date of the Audited Financial Statements in Section
      6.05(e)
      of the
      Amended Credit Agreement shall be deemed to be replaced by a reference to
      December 31, 2004.

     

    9.  Other
      Fees and Out of Pocket Costs.
      The
      Borrower shall have paid any and all reasonable out-of-pocket costs (to the
      extent invoiced) incurred by the Administrative Agent or Banc of America
      Securities LLC (including the reasonable fees and expenses of the Administrative
      Agent’s legal counsel), and all other fees and other amounts payable to the
      Administrative Agent or Banc of America Securities LLC, in each case in
      connection with the arrangement, negotiation, preparation, execution and
      delivery of this Amendment and/or the Amended Credit Agreement.

     

    VI.    MISCELLANEOUS

    

    1.  Representations
      and Warranties.
      Each
      of
      the Loan Parties represents and warrants to the Lenders and the Administrative
      Agent as follows:

     

    (i)  It
      has
      taken all necessary action to authorize the execution, delivery and performance
      of this Amendment.

     

    (ii)  This
      Amendment has been duly executed and delivered by such Loan Party and
      constitutes such Loan Party’s legal, valid and binding obligation, enforceable
      in accordance with its terms, except as such enforceability may be limited
      (x)
      by general principles of equity and conflicts of laws (whether enforcement
      is
      sought by proceedings in equity or at law) or (y) by Debtor Relief
      Laws.

     

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    (iii)  No
      consent, approval, authorization or order of, or filing, registration or
      qualification with, any court or governmental authority or third party is
      required in connection with the execution, delivery or performance by such
      Loan
      Party of this Amendment (except for those which have been obtained on or prior
      to the First Amendment Effective Date).

     

    (iv)  The
      execution and delivery of this Amendment does not diminish or reduce its
      obligations under the Loan Documents (including, without limitation, in the
      case
      of each Guarantor, such Guarantor’s guaranty pursuant to Article IV
      of the
      Existing Credit Agreement) in any manner.

     

    (v)  The
      representations and warranties of the Loan Parties set forth in Article VI
      of the
      Existing Credit Agreement are true and correct in all material respects as
      of
      the First Amendment Effective Date; provided
      that the
      reference to the date of the Audited Financial Statements in Section
      6.05(e)
      of the
      Amended Credit Agreement shall be deemed to be replaced by a reference to
      December 31, 2004. All of the provisions of the Loan Documents, except as
      amended hereby, are in full force and effect

     

    (vi)  Subsequent
      to the execution and delivery of this Amendment and after giving effect hereto,
      no unwaived event has occurred and is continuing on the date hereof which
      constitutes a Default or an Event of Default.

     

    2.  Liens.
      Each
      Loan Party affirms the liens and security interests created and granted by
      it in
      the Loan Documents (including, but not limited to, the Shared Collateral
      Security Agreement and the Non-Shared Collateral Security Agreement) and agrees
      that this Amendment shall in no manner adversely affect or impair such liens
      and
      security interests.

     

    3.  Effect
      of Amendment.
      Except
      as expressly modified and amended in this Amendment, all of the terms,
      provisions and conditions of the Loan Documents shall remain unchanged and
      in
      full force and effect. On and after the First Amendment Effective, any reference
      in the Loan Documents or any and all other documents thereafter executed and
      delivered pursuant to the terms of the Loan Documents to the “Credit Agreement”
shall be deemed to refer to the Amended Credit Agreement.

     

    4.  Construction.
      This
      Amendment is a Loan Document executed pursuant to the Existing Credit Agreement
      and shall (unless otherwise expressly indicated therein) be construed,
      administered and applied in accordance with the terms and provisions of the
      Amended Credit Agreement.

     

    5.  Reaffirmation
      of Loan Party Obligations.
      Each
      Loan Party hereby ratifies the Amended Credit Agreement and acknowledges and
      reaffirms (i) that it is bound by all terms of the Amended Credit Agreement
      and
      (ii) that it is responsible for the observance and full performance of the
      Obligations. Without limiting the generality of the proceeding sentence,
      (i) each of the Guarantors confirms
      that it jointly and severally guarantees the
      prompt payment when due of all Obligations (including, without limitation,
      those
      Obligations relating to the Tranche

     

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    B
      Term
      Loan), in accordance with, and pursuant to the terms of, Article IV
      of the
      Amended Credit
      Agreement and (ii) each of the Loan Parties agrees
      that all references in the Collateral Documents to the term “Secured
      Obligations” shall be deemed to include all of the obligations of the Loan
      Parties to the Lenders and the Administrative Agent, whenever arising, under
      the
      Amended Credit Agreement, the Tranche B Term Notes, the Collateral Documents
      or
      any of the other Loan Documents (including, but not limited to, any interest,
      expenses and cost and charges that accrue after the commencement by or against
      any Loan Party or any Affiliate thereof or any proceedings under any Debtor
      Relief Laws naming such Person as the debtor in such proceeding) relating to
      the
      Tranche B Term Loan.

     

    6.  Counterparts.
      This
      Amendment may be executed in any number of counterparts and by the parties
      hereto in separate counterparts, each of which when so executed and delivered
      shall be deemed to be an original and all of which taken together shall
      constitute one and the same instrument.

     

    7.  GOVERNING
      LAW.
      THIS
      AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE
      GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE
      STATE OF NEW YORK.

     

    8.  Binding
      Effect.
      This
      Amendment, the Amended Credit Agreement and the other Loan Documents embody
      the
      entire agreement between the parties and supersede all prior agreements and
      understandings, if any, relating to the subject matter hereof. These Loan
      Documents represent the final agreement between the parties and may not be
      contradicted by evidence of prior, contemporaneous or subsequent oral agreements
      of the parties. Except as expressly modified and amended in this Amendment,
      all
      the terms, provisions and conditions of the Loan Documents shall remain
      unchanged and shall continue in full force and effect. 

     

    9.  Severability.
      If any
      provision of this Amendment is held to be illegal, invalid or unenforceable,
      (a)
      the legality, validity and enforceability of the remaining provisions of this
      Amendment shall not be affected or impaired thereby and (b) the parties shall
      endeavor in good faith negotiations to replace the illegal, invalid or
      unenforceable provisions with valid provisions the economic effect of which
      comes as close as possible to that of the illegal, invalid or unenforceable
      provisions. The invalidity of a provision in a particular jurisdiction shall
      not
      invalidate or render unenforceable such provision in any other
      jurisdiction.

     

    

    [Remainder
      of Page Intentionally Left Blank]

    

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    
IN
      WITNESS WHEREOF, each of the parties hereto has caused a counterpart of
      this Amendment to be duly executed and delivered as of the date first above
      written.

     

    
      	 BORROWER:	 	 	
              CINCINNATI
                BELL INC.,

              an Ohio corporation

            
	 	 	 	 
	
            	 	 By:	/s/ Mark
              W. Peterson
	
            	 	 	
              

            
	 	 	 	Name: 
              Mark W. Peterson
Title:  VP and
              Treasurer

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      	 GUARANTORS:	 	 	
              CINCINNATI
                BELL PUBLIC COMMUNICATIONS INC.,

              an Ohio corporation

            
	 	 	 	 
	 	 	 	
              CINCINNATI
                BELL TELECOMMUNICATION

              SERVICES
                LLC, an Ohio limited liability company

            
	 	 	 	 
	 	 	 	CINCINNATI BELL ENTERTAINMENT
              INC.  (formerly known as Zoomtown.com Inc.), an Ohio
              corporation
	 	 	 	 
	 	 	 	CINCINNATI
              BELL COMPLETE PROTECTION INC.,
              an Ohio corporation

            
	 	 	 	 
	 	 	 	
              CINCINNATI BELL WIRELESS
                COMPANY,

              an Ohio corporation 

            
	 	 	 	 
	 	 	 	
              
                CINCINNATI BELL WIRELESS HOLDINGS
                  LLC,

                an Ohio limited liability
                  company

              

            
	 	 	 	 
	 	 	 	
              CINCINNATI BELL TECHNOLOGY SOLUTIONS
                INC.,

              an Ohio corporation 

            
	 	 	 	 
	 	 	 	
              BRCOM INC., a
                Delaware corporation 

            
	 	 	 	 
	 	 	 	BCSI INC., a Delaware
              corporation 
	 	 	 	 
	 	 	 	BRFS LLC, a Delaware
              limited liability company
	 	 	 	 
	 	 	 	BRHI INC., a Delaware
              corporation
	 	 	 	 
	 	 	 	BRWSVCS LLC,  a
              Delaware limited liability company 
	 	 	 	 
	 	 	 	
              IXC BUSINESS SERVICES LLC,

              a Delaware limited liability
                company 

            
	 	 	 	 
	 	 	 	CINCINNATI BELL ANY DISTANCE
              INC.,
              a Delaware corporation 
	 	 	 	 
	 	 	 	IXC INTERNET SERVICES,  INC.,
              a Delaware corporation 
	 	 	 	 
	 	 	 	BRWL, LLC, a
              Delaware limited liability company 
	 	 	 	 
	 	 	 	BCSIVA,  INC., a
              Virginia corporation 
	 	 	 	 
	
            	 	 By:	/s/ Mark
              W. Peterson
	
            	 	 	
              

            
	 	 	 	Name: 
              Mark W. Peterson
Title:  VP and
              Treasurer

    

    
    

    
    

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
       

      
        	 ADMINISTRTIVE
                AGENT:	 	 	
                BANK
                  OF AMERICA, N.A.,

                as Administrative Agent 

              
	 	 	 	 
	
              	 	 By:	/s/ Todd
                Shipley
	
              	 	 	
                

              
	 	 	 	Name: 
                Todd Shipley
Title:  Senior Vice
                President

      

       

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Annex
      I to First Amendment to Credit Agreement

    

    CREDIT
      AGREEMENT

    

    See
      Attached

    

    

    

    
      
        
          
            

          

          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

    

    

    Annex
      II to First Amendment to Credit Agreement

    

    

    Tranche
      B Term Loan Commitments
      and Applicable Percentages

     

    
      	
               

               

              Lender

            	
              Tranche
                B Term Loan 

              Commitment
                as of the First 

              Amendment
                Effective Date

            	
               

              Applicable
                Percentage

            
	
               

              Bank
                of America, N.A.

            	
               

              $400,000,000

            	
               

              100.0%

            
	
               

              TOTAL

               

            	
               

              $400,000,000.00

            	
               

              100.0%

            

    

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Annex III
      to First Amendment to Credit Agreement

    

    

    Exhibit A

    

    FORM
      OF LOAN NOTICE

    

    Date:
      ___________, 20___

    

    To: Bank
      of
      America, N.A., as Administrative Agent

    

    Ladies
      and Gentlemen:

    

    Reference
      is made to that certain Credit Agreement, dated as of February 16, 2005 (as
      amended, modified, restated or supplemented from time to time, the “Agreement;”
the
      terms defined therein being used herein as therein defined), by and among
      CINCINNATI BELL INC., an Ohio corporation (together with any permitted
      successors and assigns, the “Borrower”),
      the
      Guarantors from time to time party thereto, the Lenders from time to time party
      thereto, BANK OF AMERICA, N.A., as Administrative Agent and an L/C Issuer,
      and
      PNC BANK, NATIONAL
      ASSOCIATION,
      as
      Swingline Lender and an L/C Issuer.

    

    The
      undersigned hereby requests (select one):

    

    
      	 	
               o

            	
              A
                Borrowing of [Revolving][Tranche B Term] Loans.

            
	 	
            	 
	 	
               o

            	
              A
                conversion or continuation of
                Loans:

            

    

    

    
      	 	
              1.

            	
              On
                ____________
                (a
                Business Day).

            
	 	 	 
	 	
              2.

            	
              In
                the amount of $____________.

            
	 	 	 
	 	
              3.

            	
              Comprised
                of____________.

              
                [Type
                  of Committed Loan requested]

              

            
	 	 	 
	 	
              4.

            	
              For
                Eurodollar Rate Loans: with an Interest Period of  ____
                months.

            

    

    

    The
      Borrowing requested herein complies with Section 2.01
      of the
      Agreement.

    

    
      	 	
              CINCINNATI
                BELL INC.,

              an
                Ohio corporation

            
	 	
               

              By: _____________________________________     

              Name:
                ___________________________________

              Title:____________________________________       

            

    

    

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Annex
      IV to First Amendment to Credit Agreement

    

    Exhibit
      C-2

    

    FORM
      OF TRANCHE B TERM NOTE

    

    ____________,
      20__

    

    FOR
      VALUE
      RECEIVED, the undersigned (the “Borrower”),
      hereby promises to pay to _____________________ or registered assigns (the
      “Lender”),
      in
      accordance with the provisions of the Agreement (as hereinafter defined), the
      principal amount of each Tranche B Term Loan from time to time made by the
      Lender to the Borrower under that certain Credit Agreement, dated as of February
      16, 2005 (as amended, modified, restated or supplemented from time to time,
      the
“Agreement;”
the
      terms defined therein being used herein as therein defined), by and among the
      Borrower, the Guarantors from time to time party thereto, the Lenders from
      time
      to time party thereto, BANK
      OF
      AMERICA, N.A.,
      as
      Administrative Agent and an L/C Issuer, and PNC
      BANK,
      NATIONAL ASSOCIATION,
      as
      Swingline Lender and an L/C Issuer.

    

    The
      Borrower promises to pay interest on the unpaid principal amount of each Tranche
      B Term Loan from the date of such Tranche B Term Loan until such principal
      amount is paid in full, at such interest rates and at such times as provided
      in
      the Agreement. All payments of principal and interest shall be made to the
      Administrative Agent for the account of the Lender in Dollars in immediately
      available funds at the Administrative Agent’s
      Office.
      If any amount is not paid in full when due hereunder, such unpaid amount shall
      bear interest, to be paid upon demand, from the due date thereof until the
      date
      of actual payment (and before as well as after judgment) computed at the per
      annum rate set forth in the Agreement.

    

    This
      Tranche B Term Note is one of the Tranche B Term Notes referred to in the
      Agreement, is entitled to the benefits thereof and may be prepaid in whole
      or in
      part subject to the terms and conditions provided therein. This Tranche B Term
      Note is also entitled to the benefits of the Guaranty and is secured by the
      Collateral. Upon the occurrence and continuation of one or more of the Events
      of
      Default specified in the Agreement, all amounts then remaining unpaid on this
      Tranche B Term Note shall become, or may be declared to be, immediately due
      and
      payable all as provided in the Agreement. Tranche B Term Loans made by the
      Lender shall be evidenced by one or more loan accounts or records maintained
      by
      the Lender in the ordinary course of business. The Lender may also attach
      schedules to this Note and endorse thereon the date, amount and maturity of
      its
      Tranche B Term Loans and payments with respect thereto.

    

    The
      Borrower, for itself, its successors and assigns, hereby waives diligence,
      presentment, protest and demand and notice of protest, demand, dishonor and
      non-payment of this Tranche B Term Note.

    

    THIS
      NOTE
      SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE
      OF
      NEW YORK.

    

    
      

      
        	 	
                CINCINNATI
                  BELL INC.,

                an
                  Ohio corporation

              
	 	
                 

                By: _____________________________________     

                Name:
                  ___________________________________

                Title:____________________________________       

              

      

      
 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    Annex V
      to First Amendment to Credit Agreement

     

    Exhibit F

    

    FORM
      OF ASSIGNMENT AND ASSUMPTION

    

    This
      Assignment and Assumption (the “Assignment
      and Assumption”)
      is
      dated as of the Effective Date set forth below and is entered into by and
      between [Insert
      name of Assignor]
      (the
“Assignor”)
      and
      [Insert
      name of Assignee]
      (the
“Assignee”).
      Capitalized terms used but not defined herein shall have the meanings given
      to
      them in the Credit Agreement identified below (the “Credit
      Agreement”),
      receipt of a copy of which is hereby acknowledged by the Assignee. The Standard
      Terms and Conditions set forth in Annex 1
      attached
      hereto are hereby agreed to and incorporated herein by reference and made a
      part
      of this Assignment and Assumption as if set forth herein in full.

    

    For
      an
      agreed consideration, the Assignor hereby irrevocably sells and assigns to
      the
      Assignee, and the Assignee hereby irrevocably purchases and assumes from the
      Assignor, subject to and in accordance with the Standard Terms and Conditions
      and the Credit Agreement, as of the Effective Date inserted by the
      Administrative Agent as contemplated below (i) all of the Assignor’s rights and
      obligations as a Lender under the Credit Agreement and any other documents
      or
      instruments delivered pursuant thereto to the extent related to the amount
      and
      percentage interest identified below of all of such outstanding rights and
      obligations of the Assignor under the respective facilities identified below
      (including, without limitation, Letters of Credit, Guarantees and Swingline
      Loans included in such facilities) and (ii) to the extent permitted to be
      assigned under applicable law, all claims, suits, causes of action and any
      other
      right of the Assignor (in its capacity as a Lender) against any Person, whether
      known or unknown, arising under or in connection with the Credit Agreement,
      any
      other documents or instruments delivered pursuant thereto or the loan
      transactions governed thereby or in any way based on or related to any of the
      foregoing, including, but not limited to, contract claims, tort claims,
      malpractice claims, statutory claims and all other claims at law or in equity
      related to the rights and obligations sold and assigned pursuant to clause
      (i)
      above (the rights and obligations sold and assigned pursuant to clauses (i)
      and
      (ii) above being referred to herein collectively as, the “Assigned
      Interest”).
      Such
      sale and assignment is without recourse to the Assignor and, except as expressly
      provided in this Assignment and Assumption, without representation or warranty
      by the Assignor.

    

    
      	
              1.

            	
              Assignor:

            	
              ______________________________

            
	 	 	 
	
              2.

            	
              Assignee:

            	
              ______________________________

              [and
                is an Affiliate/Approved Fund of [identify
                Lender]]

            
	 	 	 
	
              3.

            	
              Borrower:

            	
              ______________________________

            
	 	 	 
	
              4.

            	
              Administrative
                Agent:

            	
              Bank
                of America, N.A., as the administrative agent under the Credit
                Agreement

            

    

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      	
              5.

            	
              Credit
                Agreement:

            	
              That
                certain
                Credit Agreement, dated as of February 16, 2005 (as amended, modified,
                restated or supplemented from time to time, the “Credit
                Agreement;”),
                by and among CINCINNATI BELL INC., an Ohio corporation (together
                with any
                permitted successors and assigns, the “Borrower”),
                the Guarantors from time to time party thereto, the Lenders from
                time to
                time party thereto, BANK OF AMERICA, N.A., as Administrative Agent
                and an
                L/C Issuer, and PNC BANK, NATIONAL ASSOCIATION, as Swingline Lender
                and an
                L/C Issuer.

            
	 	 	 
	
              6.

            	
              Assigned
                Interest:

            	 

    

    
 

    

    
      	
               

               

               

              Facility
                Assigned

            	
              Aggregate

              Amount
                of

              Commitment/Loans

              for
                all Lenders

            	
               

              Amount
                of

              Commitment/Loans

              Assigned

            	
               

              Percentage

              Assigned
                of

              Commitment/Loans

            	
               

               

               

              CUSIP
                Number

            
	 	 	 	 	 
	
              Revolving
                Commitment

            	
              $250,000,000

            	
              $________________

            	
              ______________%

            	 
	
              Tranche
                B Term Loan

            	
              $400,000,000

            	
              $________________

            	
              ______________%

            	 

    

    

    
      	
              [7.

            	
              Trade
                Date:

            	
              ______________]

            

    

    

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    Effective
      Date: _____________ ___, 20___ [TO BE INSERTED BY ADMINISTRATIVE AGENT AND
      WHICH
      SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER
      THEREFOR.]

    

    The
      terms
      set forth in this Assignment and Assumption are hereby agreed to:

    

    ASSIGNOR

    [NAME
      OF
      ASSIGNOR]

    

    By:______________________________

    Name:

    Title:

    

    

    ASSIGNEE

    [NAME
      OF
      ASSIGNEE]

    

    By:______________________________

    Name:

    Title:

    

    CINCINNATI
      BELL INC.,

    an
      Ohio
      corporation

    

    By:________________________________

    Name:

    Title:

    

    

    

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    [Consented
      to and] Accepted:

    

    BANK
      OF
      AMERICA, N.A.,

    as
      Administrative Agent

    

    By:
      _________________________________

    Name:

    Title:

    

    [Consented
      to:] 

    

    [BANK
      OF
      AMERICA, N.A., 

    as
      L/C
      Issuer]

    

    By:
      ________________________________

    Name:

    Title:

    

    PNC
      BANK,
      NATIONAL ASSOCIATION,

    as
      [Swingline Lender][L/C Issuer]

    

    By:
      ________________________________

    Name:

    Title:

    

    CINCINNATI
      BELL INC.

    

    

    By:
      ________________________________

    Name:

    Title:

    

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    ANNEX
      1

    

    STANDARD
      TERMS AND CONDITIONS FOR

    ASSIGNMENT
      AND ASSUMPTION

    

    1.
      Representations
      and Warranties.
      

    

    1.1.
      Assignor.
      The
      Assignor (a) represents and warrants that (i) it is the legal and beneficial
      owner of the Assigned Interest, (ii) the Assigned Interest is free and clear
      of
      any lien, encumbrance or other adverse claim and (iii) it has full power and
      authority, and has taken all action necessary, to execute and deliver this
      Assignment and Assumption and to consummate the transactions contemplated
      hereby; and (b) assumes no responsibility with respect to (i) any statements,
      warranties or representations made in or in connection with the Credit Agreement
      or any other Loan Document, (ii) the execution, legality, validity,
      enforceability, genuineness, sufficiency or value of the Loan Documents or
      any
      collateral thereunder, (iii) the financial condition of the Borrower, any of
      its
      Subsidiaries or Affiliates or any other Person obligated in respect of any
      Loan
      Document or (iv) the performance or observance by the Borrower, any of its
      Subsidiaries or Affiliates or any other Person of any of their respective
      obligations under any Loan Document.

    

    1.2.
      Assignee.
      The
      Assignee (a) represents and warrants that (i) it has full power and authority,
      and has taken all action necessary, to execute and deliver this Assignment
      and
      Assumption and to consummate the transactions contemplated hereby and to become
      a Lender under the Credit Agreement, (ii) it meets all requirements of an
      Eligible Assignee under the Credit Agreement (subject to receipt of such
      consents as may be required under the Credit Agreement), (iii) from and after
      the Effective Date, it shall be bound by the provisions of the Credit Agreement
      as a Lender thereunder and, to the extent of the Assigned Interest, shall have
      the obligations of a Lender thereunder, (iv) it has received a copy of the
      Credit Agreement, together with copies of the most recent financial statements
      delivered pursuant to Section 7.01
      thereof,
      as applicable, and such other documents and information as it has deemed
      appropriate to make its own credit analysis and decision to enter into this
      Assignment and Assumption and to purchase the Assigned Interest on the basis
      of
      which it has made such analysis and decision independently and without reliance
      on the Administrative Agent or any other Lender, and (v) if it is a not a United
      States person under Section 7701(a)(30) of the Code, attached to the
      Assignment and Assumption is any documentation required to be delivered by
      it
      pursuant to the terms of the Credit Agreement, duly completed and executed
      by
      the Assignee; and (b) agrees that (i) it will, independently and without
      reliance on the Administrative Agent, the Assignor or any other Lender, and
      based on such documents and information as it shall deem appropriate at the
      time, continue to make its own credit decisions in taking or not taking action
      under the Loan Documents, and (ii) it will perform in accordance with their
      terms all of the obligations which by the terms of the Loan Documents are
      required to be performed by it as a Lender.

    

    2.
      Payments.
      From
      and after the Effective Date, the Administrative Agent shall make all payments
      in respect of the Assigned Interest (including payments of principal, interest,
      fees and other amounts) to the Assignor for amounts which have accrued to but
      excluding the Effective Date and to the Assignee for amounts which have accrued
      from and after the Effective Date.

    

    3.
      General
      Provisions.
      This
      Assignment and Assumption shall be binding upon, and inure to the benefit of,
      the parties hereto and their respective successors and assigns. This Assignment
      and Assumption may be executed in any number of counterparts, which together
      shall constitute one instrument. Delivery of an executed counterpart of a
      signature page of this Assignment and Assumption by telecopy shall be effective
      as delivery of a manually executed counterpart of this Assignment and
      Assumption. This Assignment and Assumption shall be governed by, and construed
      in accordance with, the law of the State of New York.

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    Annex VI
      to First Amendment to Credit Agreement

    

    Schedule
      1.01(b)

    

    Guarantors

    

    Cincinnati
      Bell Public Communications Inc.

    Cincinnati
      Bell Entertainment Inc.

    Cincinnati
      Bell Complete Protection Inc.

    BRFS
      LLC

    Cincinnati
      Bell Wireless Company

    Cincinnati
      Bell Wireless Holdings LLC

    BRHI
      Inc.

    Cincinnati
      Bell Telecommunication Services LLC

    Cincinnati
      Bell Technology Solutions Inc.

    BRCOM
      Inc.

    BCSI
      Inc.

    BCSIVA
      Inc.

    BRWSVCS
      LLC

    IXC
      Business Services, LLC

    Cincinnati
      Bell Any Distance Inc.

    IXC
      Internet Services, Inc.

    BRWL,
      LLC

    

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Schedule
      6.13(a)

    Corporate
      Structure

    

    

    See
      Attached

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    Schedule
      6.13(b)

    Subsidiaries

     

    

    
      	
              A.

            	
              Cincinnati
                Bell Inc.

            

    

     

    

    
      	 	
              1.

            	
              BRHI
                Inc.

            

    

    Jurisdiction
      of
      Incorporation                                                                                                         
Delaware

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                         3,000

    Preferred
      Stock:                         None

    Number
      of
      Shares of Equity Interests outstanding:                     1,000

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    
    

    Common
      Stock:                         100%

    Preferred
      Stock:                         N/A

    Number
      of
      Shares of Equity Interests Covered by

    Outstanding
      Options, Warrants, Rights of Conversion 

    or
      Purchase and Similar Rights:

    Common
      Stock:                         None

    Preferred
      Stock:                         N/A

    

    
      	 	
              2.

            	
              Cincinnati
                Bell Complete Protection Inc.

            

    

    Jurisdiction
      of
      Incorporation                                                                                                        
Ohio

    Number
      of
      Shares of Equity Interests Authorized:

                                   
      Common Stock:                        1000

    Preferred
      Stock:                        None

    

    Number
      of
      Shares of Equity Interests outstanding: 

                   
      Common
      Stock                                                                                 
100

                   
      Preferred
      Stock                                                                                 
N/A

     

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Common
      Stock:                                                                                
100%

    Preferred
      Stock:                                                                                
N/A

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or 

    Purchase
      and Similar Rights:

    Common
      Stock:                                                                                
None

    Preferred
      Stock:                                                                                
N/A

    

    
      	 	
              3.

            	
              BRFS
                LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                               
Delaware

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                           
1000

    Preferred
      Interests:                                                                          
None

    Number
      of
      Equity Interests
      outstanding:                                                                                     1000

     

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

     

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Member
      Interests:                                                                           
100%

    Preferred
      Interests:                      
N/A

    Number
      of
      Equity Interests Covered by

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Member
      Interests:                                                                           
None

    Preferred
      Interests:                                                                           N/A

    

    
      	 	
              4.

            	
              Cincinnati
                Bell Wireless Holdings LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                               
Delaware

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                           
1000

    Preferred
      Interests:                                                                          
None

    Number
      of
      Equity Interests
      outstanding:                                                                                    
1000

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Member
      Interests1:                                                                        
      100%

    Preferred
      Interests:                                                                          
N/A

    Number
      of
      Equity Interests Covered by Outstanding Options,
      

        Warrants,
      Rights of Conversion or Purchase and 

        Similar
      Rights: 

    Member
      Interests:                                                                           
None

    Preferred
      Interests:                                                                          
N/A

    

    
      	 	
              5.

            	
              Cincinnati
                Bell Public Communications
                Inc.

            

    

    Jurisdiction
      of
      Incorporation                                                                                                        
Ohio

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                                850

    Preferred
      Stock:                                                                               None

    Number
      of
      Shares of Equity Interests
      outstanding:                                                                  100

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Common
      Stock:                                                                              
100%

    Preferred
      Stock:                                                                              
N/A

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Common
      Stock:                                                                              
None

    Preferred
      Stock:                                                                              
N/A

    

    
      	 	
              6.

            	
              Cincinnati
                Bell Telecommunication Services
                LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                            
Ohio

    Number
      of
      Equity Interests Authorized:

    Member
      Interests                                                                         
850

    Preferred
      Interests:                                                                      
N/A

     

     

    ________________________________

    
      1  Cincinnati
        Bell Telecommunications Services LLC is held directly by Cincinnati Bell
        Telephone Company LLC, a wholly owned subsidiary of Cincinnati Bell
        Inc. 

    

     

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    Number
      of
      Equity Interests
      outstanding:                                                                                100

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Member
      Interests:                                                                      
100%2 

    Preferred
      Interests:                                                                     
N/A

    Number
      of
      Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Common
      Stock:                                                                          
None

    Preferred
      Stock:                                                                          
N/A

    

    
      	 	
              7.

            	
              Cincinnati
                Bell Telephone Company LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                         
Ohio

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                     
500

    Preferred
      Interests:                                                                     None

    Number
      of
      Equity Interests
      outstanding:                                                                              
100

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Member
      Interests:                                                                     
100%

    Preferred
      Interests:                                                                     N/A

    Number
      of
      Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Member
      Interests:                                                                     
None

    Preferred
      Interests:                                                                    
N/A

    

    
      	 	
              8.

            	
              Cincinnati
                Bell Wireless Company

            

    

    Jurisdiction
      of
      Incorporation                                                                                                  
Ohio

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                         
850

    Preferred
      Stock:                                                                         
None

    Number
      of
      Shares of Equity Interests
      outstanding:                                                           
100

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Common
      Stock:                                                                         
100%

    Preferred
      Stock:                                                                         
N/A

    Number
      of
      Shares of Equity Interests Covered by 

                        Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

                       
      and Similar Rights:

    Common
      Stock:                                                                         
None

    Preferred
      Stock:                                                                         
N/A

    

    
      	 	
              9.

            	
              Cincinnati
                Bell Wireless LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                        
Ohio

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                    
Variable

     

    
      ________________________________

      
        2  Cincinnati
          Bell Telecommunications Services LLC is held directly by Cincinnati Bell
          Telephone Company LLC, a wholly owned subsidiary of Cincinnati Bell
          Inc. 

         

         

      

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    
       

       

       

                                                     
        Preferred
        Interests:                                                                     None
Number
      of Shares of Equity Interests
      outstanding:                                                            
N/A

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Member
      Interests:                                                                     
80%2 

    Preferred
      Interests:                                                                    
N/A

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Member
      Interests:                                                                     
None

    Preferred
      Interests:                                                                    
N/A

    

    
      	 	
              10.

            	
              Cincinnati
                Bell Entertainment Inc.

            

    

    Jurisdiction
      of
      Incorporation                                                                                                  
Ohio

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                         
850

    Preferred
      Stock:                                                                        
None

    Number
      of
      Shares of Equity Interests
      outstanding:                                                           
100

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Common
      Stock:                                                                         
100%

    Preferred
      Stock:                                                                         
N/A

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Common
      Stock:                                                                         
None

    Preferred
      Stock:                                                                         
N/A

    

    

    
      	 	
              11.

            	
              BRCOM
                Inc.

            

    

    Jurisdiction
      of
      Incorporation                                                                                                  
Delaware

    Number
      of
      Equity Interests Authorized:

    Common
      Stock:                                                                         
1,000

    Preferred
      Stock:                                                                         
None

    Number
      of
      Equity Interests outstanding: 

    Common
      Stock:                                                                         
100

    Preferred
      Stock:                                                                          N/A

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell:

    Common
      Stock:                                                                         
100%

    Preferred
      Stock:                                                                         
N/A

    Number
      of
      Equity Interests Covered by Outstanding Options, Warrants, Rights 

    of
      Conversion or Purchase and Similar Rights:

    Common
      Stock:                                                                        
None

    Preferred
      Stock:                                                                        
N/A

     

     

    
      ________________________________

      
        2  Cincinnati
          Bell Wireless LLC is held directly by Cincinnati Bell Wireless
          Holdings LLC, a wholly owned second tier subsidiary of Cincinnati Bell
          Inc. 

      

    

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

     

     

    
      	 	
              12.

            	
              Cincinnati
                Bell Extended Territories
                LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                        
Ohio

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                    
500

    Preferred
      Interests:                                                                   
None

    Number
      of
      Equity Interests
      outstanding:                                                                             
100

    Percentage
      of Each Class of Equity Interest Owned by Cincinnati Bell Inc:

    Member
      Interests:                                                                    
100%3 

    Preferred
      Interests:                                                                    N/A

    Number
      of
      Equity Interests Covered by Outstanding
      Options, 

        Warrants,
      Rights of Conversion or Purchase and Similar Rights:

                                                                                   
      Member
      Interests:                                                                    
None

    Preferred
      Interests:                                                                   
N/A

    

    

    B.          
      BCSI
      Inc.4 

     

    
      	 	
              1.

            	
              BRWSVCS
                LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                         
Delaware

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                     
1,000

    Preferred
      Interests:                                                                    
None

    Number
      of
      Equity Interests
      outstanding:                                                                              
1,000

    Percentage
      of Each Class of Equity Interest Owned by BCSI Inc:

    Member
      Interests:                                                                     
100%

    Preferred
      Interests:                                                                     N/A

    Number
      of
      Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or Purchase 

    and
      Similar Rights:

    Member
      Interests:                                                                     
None

    Preferred
      Interests:                                                                    
N/A

    

    

    
      	 	
              2.

            	
              BCSIVA
                Inc. 

            

    

    Jurisdiction
      of
      Incorporation                                                                                                  
Virginia

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                                         
5,000

    Preferred
      Stock:                                                                                         
None

    Number
      of
      Shares of Equity Interests
      outstanding:                                                            
1,000

    Percentage
      of Each Class of Equity Interest Owned by BCSI Inc.:

     

     

    
      
        ________________________________

        
          3  Cincinnati
            Bell Extended Territories LLC is held directly by Cincinnati
            Bell Telephone Company LLC, a wholly owned subsidiary of Cincinnati
            Bell Inc. 

          
            
              
                4  The
                  following entities are directly or indirectly held by BCSI Inc.,
                  a wholly owned
                  second tier subsidiary of Cincinnati Bell Inc. 

              

            

          

        

      

    

     

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

     

    Common
      Stock:                                                                         
100%

    Preferred
      Stock:                                                                         
N/A

    Number
      of
      Shares of Equity Interests Covered by Outstanding 

                    
      Options, Warrants, Rights of Conversion or Purchase and Similar
      Rights:

    Common
      Stock:                                                                          None

    Preferred
      Stock:                                                                         
N/A

    

    

    
      	 	
              3.

            	
              Cincinnati
                Bell Technology Solutions
                Inc.

            

    

    Jurisdiction
      of
      Formation                                                                                                         
Ohio

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                          
850

    Preferred
      Stock:                                                                          
None

    Number
      of
      Shares of Equity Interests
      outstanding:                                                            
100

    Percentage
      of Each Class of Equity Interest Owned by BCSI Inc.:

    Common
      Stock:                                                                          
100%

    Preferred
      Stock:                                                                          
N/A

    Number
      of
      Shares of Equity Interests Covered by Outstanding Options, 

                  
      Warrants, Rights of Conversion or Purchase and Similar Rights:

    Common
      Stock:                                                                          
None

    Preferred
      Stock:                                                                          
N/A

    

    

    
      	 	
              4.

            	
              BRWL,
                LLC

            

    

    Jurisdiction
      of
      Formation                                                                                                         
Delaware

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                     
1,000

    Preferred
      Interests:                                                                    
None

    Number
      of
      Equity Interests
      outstanding:                                                                              
1,000

    Percentage
      of Each Class of Equity Interest Owned by BCSI Inc. :

    Member
      Interests:                                                                     
100%

    Preferred
      Interests:                                                                    
N/A

    Number
      of
      Equity Interests Covered by Outstanding Options, Warrants, 

                  
      Rights of Conversion or Purchase and Similar Rights:

    Member
      Interests:                                                                     
None

    Preferred
      Interests:                                                                    
N/A

     

     

     

    

    
      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    

    
      	 	
              5.

            	
              Cincinnati
                Bell Any Distance Inc.

            

    

    Jurisdiction
      of
      Incorporation                                                                                                    Delaware

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                          
100

    Preferred
      Stock:                                                                          
100,000

    Number
      of
      Shares of Equity Interests outstanding: 

    Common
      Stock:                                                                                           100

    Preferred
      Stock:                                                                                          
54,082

    Percentage
      of Each Class of Equity Interest Owned by BCSI Inc.:

    Common
      Stock:                                                                          
100%

    Preferred
      Stock:                                                                          
100%5 

    Number
      of
      Equity Interests Covered by Outstanding Options, 

                
      Warrants, Rights of Conversion or Purchase and Similar Rights:

    Common
      Stock:                                                                           
None

    Preferred
      Stock:                                                                           
None

    

    

    6.            
      IXC
      Business Services, LLC

    Jurisdiction
      of
      Formation                                                                                                          
Delaware

    Number
      of
      Equity Interests Authorized:

    Member
      Interests:                                                                      
100

    Preferred
      Interests:                                                                     
N/A

    Number
      of
      Equity Interests
      outstanding:                                                                                100

    Percentage
      of Each Class of Equity Interest

    Owned
      by
      BCSI Inc.:

    Member
      Interests:                                                                                      
100%

    Preferred
      Interests:                                                                                     
N/A

    

    Number
      of
      Equity Interests Covered by Outstanding Options, 

                   
      Warrants, Rights of Conversion or Purchase
      and Similar Rights:

    Member
      Interests:                                                                                      
None

    Preferred
      Interests:                                                                                     
N/A

    

    7.        
      IXC
      Internet Services, Inc.

    Jurisdiction
      of
      Incorporation                                                                                                    
Delaware

    Number
      of
      Equity Interests Authorized:

    Common
      Stock:                                                                            10,000

    Preferred
      Stock:                                                                           
None

    Number
      of
      Equity Interests
      outstanding:                                                                               
10,000

    Percentage
      of Each Class of Equity Interest 

    Owned
      by
      BCSI Inc.

    Common
      Stock:                                                                           
100%

     

     

     

      ________________________________

      
        5  Held
          directly by IXC Internet Services Inc., a wholly owned subsidiary of BCSI
          Inc. 

         

         

      

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Preferred
      Stock:                                                                           
N/A

    Number
      of
      Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion 

    Or
      Purchase and Similar Rights:

    Common
      Stock:                                                                           
None

    Preferred
      Stock:                                                                           
N/A

    

    
      	 	
              8.

            	
              MSM
                Associates, Limited Partnership

            

    

    Jurisdiction
      of
      Formation                                                                                                          
Delaware

    Number
      of
      Equity Interests Authorized:

    Common
      Stock:                                                                           
N/A

    Preferred
      Stock:                                                                           
N/A

    Number
      of
      Shares of Equity Interests
      outstanding:                                                             
N/A

    Percentage
      of Each Class of Equity Interest 

    Owned
      by
      BCSI
      Inc.:                                                                                                  
85%6 

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or 

    Purchase
      and similar rights:

                                                                                    Common
      Stock:                                                                           
N/A

    Preferred
      Stock                                                                             N/A

    

     

    9.            
      Mutual
      Signal Corp.   

    Jurisdiction
      of
      Incorporation                                                                                                    
New
      York

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                           
200

    Preferred
      Stock:                                                                           
None

    Number
      of
      Shares of Equity Interests
      outstanding:                                                             
Unknown

    Percentage
      of Each Class of Equity Interest 

    Owned
      by
      BCSI Inc.:

    Common
      Stock:                                                                           
85%7 

    Preferred
      Stock:                                                                           
N/A

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or

    Purchase
      and Similar Rights:

    Common
      Stock:                                                                           
Unknown

    Preferred
      Stock:                                                                            None

    

     

    
      ________________________________

      
        6  MSM
          Associates, Limited Partnership is a third tier subsidiary of Mutual Signal
          Holding Corporation, a first tier subsidiary of BCSI Inc.

        7 
Mutual
          Signal Corporation is a first
          tier subsidiary of Mutual Signal Holding Corporation, a first tier subsidiary
          of
          BCSI Inc.

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

       

      
        	
                 

              	
                10.

              	
                Mutual
                  Signal Corporation of
                  Michigan

              

      

    

    Jurisdiction
      of
      Incorporation                                                                                                    
New
      York

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                           
100

    Preferred
      Stock:                                                                           
N/A

    Number
      of
      Shares of Equity Interests
      outstanding:                                                              
Unknown

    Percentage
      of Each Class of Equity Interest 

    Owned
      by
      BCSI Inc.:

    Common
      Stock:                                                                            
85%8 

    Preferred
      Stock:                                                                            
N/A

    Number
      of
      Shares of Equity Interests Covered by

    Outstanding
      Options, Warrants, Rights of Conversion or 

    Purchase
      and Similar Rights:

    Common
      Stock:                                                                            
Unknown

    Preferred
      Stock:                                                                             Unknown

    

     

    
      	 	
              11.

            	
              Mutual
                Signal Holding Corporation

            

    

    Jurisdiction
      of
      Incorporation                                                                                                     
Delaware

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                            
10,000

    Preferred
      Stock:                                                                           
10,000

    Number
      of
      Shares of Equity Interests outstanding:

    Common
      Stock:                                                                                            
100

    Preferred
      Stock:                                                                                            
1,723

    Percentage
      of Each Class of Equity Interest 

    Owned
      by
      BCSI Inc.:

    Common
      Stock:                                                                            
85%

    Preferred
      Stock:                                                                            
100%

    Number
      of
      Shares of Equity Interests Covered by 

    Outstanding
      Options, Warrants, Rights of Conversion or 

    Purchase
      and Similar Rights:

    Common
      Stock:                                                                            
None

    Preferred
      Stock:                                                                            
None

    

    
                    
        C.            
BRCOM
        Inc.

    

    

    
                    
        1.          
BCSI
        Inc. 

    

    Jurisdiction
      of
      Incorporation                                                                                                     
Delaware

    Number
      of
      Shares of Equity Interests Authorized:

    Common
      Stock:                                                                            
10,000

    Preferred
      Stock:                                                                            
None

    Number
      of
      Shares of Equity Interests outstanding:

                                                   
      Common
      Stock:                                                                             
1,000

     

     

    
      ________________________________

    

    
      8 Mutual
        Signal Corporation of Michigan is a second tier subsidiary of Mutual Signal
        Holding Corporation, a first tier subsidiary of BCSI Inc. 

       

       

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

                                                   
      Preferred
      Stock:                                                                            
N/A

    Percentage
      of Each Class of Equity Interest 

    Owned
      by
      BRCOM Inc.:

    Common
      Stock:                                                                              100%

    Preferred
      Stock:                                                                             
N/A

    Number
      of
      Shares of Equity Interests Covered by Outstanding Options, 

                   
      Warrants, Rights of Conversion or Purchase and Similar Rights:

    Common
      Stock:                                                                             
None

    Preferred
      Stock:                                                                             
None

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]