Document:

Unassociated Document

    
 

    Exhibit
      (4)(c)(1)

    
 

     
      
        

      

    

    

    GUARANTY

    

    dated
      as
      of

    
 

    November
      16, 2007

     

    among

     

    ALLTEL
      CORPORATION,

    as
      Parent,

     

    ALLTEL
      COMMUNICATIONS, INC.,

    as
      the
      Borrower

    

    CERTAIN
      SUBSIDIARIES OF

    ALLTEL
      CORPORATION,

    to
      be
      identified herein,

    

    and

    

    CITIBANK,
      N.A.,

    as
      Administrative Agent

     

    
      
        

      

    

    
      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

        
           

           

          
            
              TABLE
                OF CONTENTS

              
 

              Page

            

          

        

      

    

    ARTICLE
      I

    DEFINITIONS

     

    
      	
              Section
                1.01.

            	
              Credit
                Agreement 

            	
              1
                

            

    

     

    
      	
              Section
                1.02.

            	
              Other
                Defined Terms 

            	
              1
                

            

    

     

    ARTICLE
      II

    GUARANTY

     

    
      	
              Section
                2.01.

            	
              Guaranty 

            	
              2
                

            

    

     

    
      	
              Section
                2.02.

            	
              Guaranty
                of Payment 

            	
              2
                

            

    

     

    
      	
              Section
                2.03.

            	
              No
                Limitations; Guaranty Absolute 

            	
              2
                

            

    

     

    
      	
              Section
                2.04.

            	
              Bankruptcy;
                Reinstatement 

            	
              3
                

            

    

     

    
      	
              Section
                2.05.

            	
              Agreement
                To Pay; Subrogation 

            	
              4
                

            

    

     

    
      	
              Section
                2.06.

            	
              Information 

            	
              4
                

            

    

     

    ARTICLE
      III

    INDEMNITY,
      SUBROGATION AND SUBORDINATION

     

    
      	
              Section
                3.01.

            	
              Indemnity
                and Subrogation 

            	
              4
                

            

    

     

    
      	
              Section
                3.02.

            	
              Contribution
                and Subrogation 

            	
              5
                

            

    

     

    
      	
              Section
                3.03.

            	
              Subordination 

            	
              5
                

            

    

     

    ARTICLE
      IV

    MISCELLANEOUS

     

    
      	
              Section
                4.01.

            	
              Authority
                of the Administrative Agent 

            	
              6
                

            

    

     

    
      	
              Section
                4.02.

            	
              Representations
                and Warranties; Covenants 

            	
              6
                

            

    

     

    
      	
              Section
                4.03.

            	
              Payments 

            	
              6
                

            

    

     

    
      	
              Section
                4.04.

            	
              Notices 

            	
              7
                

            

    

     

    
      	
              Section
                4.05.

            	
              Waivers;
                Amendment 

            	
              7
                

            

    

     

    
      	
              Section
                4.06.

            	
              Administrative
                Agent's Fees and Expenses, Indemnification 

            	
              7
                

            

    

     

    
      	
              Section
                4.07.

            	
              Successors
                and Assigns 

            	
              8
                

            

    

     

    
      	
              Section
                4.08.

            	
              Counterparts;
                Several Agreement 

            	
              8
                

            

    

     

    
      	
              Section
                4.09.

            	
              Severability 

            	
              8
                

            

    

     

    
      	
              Section
                4.10.

            	
              Right
                of Set-Off 

            	
              8
                

            

    

     

    
      	
              Section
                4.11.

            	
              Governing
                Law; Jurisdiction; Venue; Waiver Of Jury Trial; Consent To Service
                Of
                Process 

            	
              9
                

            

    

     

    
      	
              Section
                4.12.

            	
              Headings 

            	
              9
                

            

    

     

    
      
        
        

      

      
        i

        
          

        

      

      
        
          TABLE
            OF CONTENTS

          (continued)

          
 

          Page

        

      

    

    
      	 	 	 
	
              Section
                4.13.

            	
              Termination
                or Release 

            	
              9
                

            

    

     

    
      	
              Section
                4.14.

            	
              Additional
                Guarantors 

            	
              10
                

            

    

     

    
      	
              Section
                4.15.

            	
              Limitation
                on Guaranteed Obligations 

            	
              10
                

            

    

     

    
      	
              Section
                4.16.

            	
              Survival
                of Representations and Warranties 

            	
              10
                

            

    

     

    

    
      
        
          
            	
                  	
                     

                  	 

          

           

        

        ii

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    GUARANTY
      dated as of November 16, 2007, among ALLTEL CORPORATION, a Delaware corporation
      (“Parent”), ALLTEL
      COMMUNICATIONS, INC., a Delaware corporation (“Borrower”), certain
      subsidiaries of
      Parent from time to time party hereto (collectively, “Subsidiaries” and,
      individually, “Subsidiary”), and CITIBANK,
      N.A., as Administrative Agent (as defined below).

     

    Reference
      is made to the Credit Agreement dated as of November 16, 2007 (as amended,
      supplemented or otherwise modified from time to time, the “Credit Agreement”), among the
      Borrower, Parent, Citibank, N.A., as Administrative Agent, Swing Line Lender,
      and L/C Issuer, and each lender from time to time party thereto (collectively,
      the “Lenders” and
      individually, a “Lender”).  The
      Lenders have agreed to extend credit to the Borrower (as defined below) subject
      to the terms and conditions set forth in the Credit Agreement.  The
      obligations of the Lenders to extend such credit are conditioned upon, among
      other things, the execution and delivery of this Agreement.  Parent
      and the Subsidiaries are affiliates of the Borrower, will derive substantial
      benefits from the extension of credit to the Borrower pursuant to the Credit
      Agreement and are willing to execute and deliver this Agreement in order to
      induce the Lenders to extend such credit.  Accordingly, the parties
      hereto make the following representations and warranties to the Administrative
      Agent for the benefit of the Secured Parties and hereby covenant and agree
      as
      follows:

     

     

    ARTICLE
      I

     

    DEFINITIONS

     

    SECTION
      1.01. Credit
      Agreement.  (a) Capitalized
      terms used in
      this Agreement and not otherwise defined herein have the meanings specified
      in
      the Credit Agreement.

     

    (b) The
      rules
      of construction specified in Article I of the Credit Agreement also apply to
      this Agreement.

     

    SECTION
      1.02. Other
      Defined
      Terms.  As used in this Agreement, the following terms have the
      meanings specified below:

     

    “Administrative
      Agent” means
      Citibank, N.A., in its capacity as administrative agent and collateral agent
      under the Loan Documents, or any successor administrative agent and collateral
      agent.

     

    “Agreement”
means
      this
      Guaranty.

     

    “Bankruptcy
      Code” means Title
      11 of the United States Code entitled “Bankruptcy,” as now or hereafter in
      effect, or any successor thereto.

     

    “Claiming
      Party” has the
      meaning assigned to such term in Section 3.02.

     

    “Contributing
      Party” has the
      meaning assigned to such term in Section 3.02.

     

    “Credit
      Agreement” has the
      meaning assigned to such term in the preliminary statement of this
      Agreement.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    “Guarantor”
means
      each
      Guarantor (including, without limitation, Parent), as defined in the Credit
      Agreement, the Borrower (for purposes of Cash Management Obligations or Secured
      Hedge Agreements entered into by a Restricted Subsidiary) and each party that
      becomes a party to this Agreement after the Closing Date.

     

    “Guaranty
      Parties” means,
      collectively, Parent, the Borrower and each Guarantor, and “Guaranty Party” means any one
      of them.

     

    “Guaranty
      Supplement” means an
      instrument in the form of Exhibit I hereto.

     

    “Loan
      Documents” means (a) each
      Loan Document as defined under the Credit Agreement, (b) each Secured Hedge
      Agreement entered into with a Hedge Bank and (c) each agreement governing Cash
      Management Services entered into with a Cash Management Bank.

     

    “Obligee
      Guarantor” has the
      meaning assigned to such term in Section 3.03(b).

     

    

    ARTICLE
      II 

     

    GUARANTY

     

    SECTION
      2.01. Guaranty.  Subject
      to the provisions of Section 4.15, each Guarantor irrevocably, absolutely and
      unconditionally guarantees, jointly with the other Guarantors and severally
      (as
      primary obligor and not merely as surety) to the Administrative Agent, for
      the
      ratable benefit of the Secured Parties, the due and punctual payment and
      performance of the Obligations (including amounts that would become due but
      for
      operation of the automatic stay under 362(a) of the Bankruptcy Code), either
      at
      stated maturity or earlier by reason of acceleration, mandatory prepayment
      or
      otherwise in accordance herewith or with any other Loan
      Documents.  Each of the Guarantors further agrees that the Obligations
      may be extended, increased or renewed, in whole or in part, without notice
      to or
      further assent from it, and that it will remain bound upon its guaranty
      notwithstanding any extension, increase or renewal, in whole or in part, of
      any
      Obligation.  Each of the Guarantors waives presentment to, demand of
      payment from and protest to any Guaranty Party of any of the Obligations, and
      also waives notice of acceptance of its guaranty and notice of protest for
      nonpayment.  Each Guarantor agrees that whenever, at any time, or from
      time to time, it shall make any payment to the Administrative Agent or any
      other
      Secured Party on account of its liability hereunder, it will notify the
      Administrative Agent in writing that such payment is made under this Guaranty
      for such purpose provided, that failure to provide such notification shall
      not
      invalidate any payment as being made under this Guaranty.

     

    SECTION
      2.02. Guaranty
      of
      Payment.  Each of the Guarantors further agrees that its
      guaranty hereunder constitutes a guaranty of payment when due and not of
      collection, and waives any right to require that any resort be had by the
      Administrative Agent or any other Secured Party to any security held for the
      payment of the Obligations, or to any balance of any deposit account or credit
      on the books of the Administrative Agent or any other Secured Party in favor
      of
      the Borrower or any other Person.

     

    SECTION
      2.03. No
      Limitations; Guaranty
      Absolute.  (a) Except for termination
      of a
      Guarantor’s obligations hereunder as expressly provided in Section 4.13, to the
      fullest extent permitted by applicable law, the obligations of each Guarantor
      hereunder shall not be subject to any reduction, limitation, impairment or
      termination for any reason, including any claim of waiver, release, surrender,
      alteration or compromise, and shall not be subject to any defense or set-off,
      counterclaim, recoupment or 

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    termination
      whatsoever by reason of the invalidity or unenforceability of the Obligations,
      or otherwise.  Without limiting the generality of the foregoing, the
      obligations of each Guarantor hereunder shall not be discharged, impaired or
      otherwise affected by (i) the failure of the Administrative Agent or any other
      Secured Party to assert any claim or demand or to enforce any right or remedy
      under the provisions of any Loan Document or otherwise; (ii) any rescission,
      waiver, amendment or modification of, or any release from any of the terms
      or
      provisions of any Loan Document or any other agreement, including with respect
      to any other Guarantor under this Agreement; (iii) the release of any security
      held by the Administrative Agent or any other Secured Party for the Obligations;
      (iv) any default, failure or delay, willful or otherwise, in the performance
      of
      the Obligations; or (v) any other act or omission that may or might in any
      manner or to any extent vary the risk of any Guarantor or otherwise operate
      as a
      discharge of any Guarantor as a matter of law or equity (other than the
      indefeasible payment in full in cash of all the Obligations).  Each
      Guarantor expressly authorizes the Secured Parties to take and hold security
      for
      the payment and performance of the Obligations, to exchange, waive or release
      any or all such security (with or without consideration), to enforce or apply
      such security and direct the order and manner of any sale thereof in their
      sole
      discretion or to release or substitute any one or more other guarantors or
      obligors upon or in respect of the Obligations, all in accordance with the
      Security Agreement and other Loan Documents and all without affecting the
      obligations of any Guarantor hereunder.  Neither the Administrative
      Agent nor any other Secured Party shall have any obligation to protect, secure,
      perfect or insure any such security at any time held by it as security for
      the
      Obligations or for this Guaranty or any property subject
      thereto.  When making any demand hereunder against any Guarantor or
      otherwise pursuing its rights and remedies hereunder, the Administrative Agent
      or any other Secured Party may, but shall be under no obligation to, make a
      similar demand on or otherwise pursue such rights and remedies as it may have
      against any Guaranty Party or any other Person or against collateral security
      or
      guaranty for the Obligations or any right of offset with respect thereto, and
      any failure by the Administrative Agent or any other Secured Party to make
      any
      such demand, to pursue such other rights or remedies or to collect any payments
      from any Guaranty Party or any other Person or to realize upon any such
      collateral security or guarantee or to exercise any such right of offset or
      any
      release of any Guaranty Party or any other Person shall not relieve any
      Guarantor of any obligation or liability hereunder, and in respect of which
      a
      demand or collection is not made or any Guarantor not so released of its
      obligations or liabilities hereunder, and shall not impair or affect the rights
      and remedies, express or implied or as a matter of law, of the Administrative
      Agent or any other Secured Party against any Guarantor. For the purposes of
      this
      Section 2.03, “demand” shall include (but not be limited to) the commencement
      and continuance of any legal proceedings.

     

    (b) To
      the
      fullest extent permitted by applicable law, all rights of the Administrative
      Agent hereunder and all obligations of each Guarantor hereunder shall be
      absolute and unconditional irrespective of, and each Guarantor waives any
      defense based on or arising out of, (a) any lack of validity or enforceability
      of the Credit Agreement, any other Loan Document, any agreement with respect
      to
      any of the Obligations or any other agreement or instrument relating to any
      of
      the foregoing, (b) any change in the time, manner or place of payment of, or
      in
      any other term of, all or any of the Obligations, or any other amendment or
      waiver of or any consent to any departure from the Credit Agreement, any other
      Loan Document, or any other agreement or instrument, (c) any exchange, release
      or non-perfection of any Lien on other collateral, or any release or amendment
      or waiver of or consent under or departure from any guaranty securing or
      guaranteeing all or any of the Obligations, (d) any other circumstance that
      might otherwise constitute a defense available to, or a discharge of, any
      Guarantor in respect of the Obligations or this Agreement or (e) any defense,
      set-off or counterclaim of the Borrower or any other Guaranty
      Party.

     

    (c) The
      Administrative Agent and the other Secured Parties may, in accordance with
      the
      terms of the Collateral Documents and at their election, foreclose on any
      security held by one or more of them by one or more judicial or nonjudicial
      sales, accept an assignment of any such security in lieu of 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    foreclosure,
      compromise or adjust any part of the Obligations, make any other accommodation
      with any Guaranty Party or exercise any other right or remedy available to
      them
      against any Guaranty Party, without affecting or impairing in any way the
      liability of any Guarantor hereunder except to the extent the Obligations (other
      than contingent indemnification obligations not yet accrued and payable)
      have been fully and indefeasibly paid in full in cash, and all Letters of
      Credit, all Cash Management Obligations, all Secured Hedge Agreements and all
      other Obligations (including a guarantee that is contingent in nature) have
      expired or terminated.  To the fullest extent permitted by applicable
      law, each Guarantor waives any defense arising out of any such election even
      though such election operates, pursuant to applicable law, to impair or to
      extinguish any right of reimbursement or subrogation or other right or remedy
      of
      such Guarantor against any Guaranty Party, as the case may be, or any
      security.

     

    SECTION
      2.04. Bankruptcy;
      Reinstatement.  (a)  The obligations
      of Guarantors hereunder shall not be reduced, limited, impaired, discharged,
      deferred, suspended or terminated by any case or proceeding, voluntary or
      involuntary, involving the bankruptcy, insolvency, receivership, reorganization,
      liquidation or arrangement of Borrower or any other Guarantor or by any defense
      which Borrower or any other Guarantor may have by reason of the order, decree
      or
      decision of any court or administrative body resulting from any such
      proceeding.  

     

    (b) Each
      Guarantor acknowledges and agrees that any interest on any portion of the
      Obligations which accrues after the commencement of any case or proceeding
      referred to in clause (a) above (or, if interest on any portion of the
      Obligations ceases to accrue by operation of law by reason of the commencement
      of such case or proceeding, such interest as would have accrued on such portion
      of the Obligations if such case or proceeding had not been commenced) shall
      be
      included in the Obligations because it is the intention of the Guarantors and
      the Secured Parties that the Obligations which are guaranteed by the Guarantors
      pursuant hereto should be determined without regard to any rule of law or order
      which may relieve Borrower or any Guarantor of any portion of such
      Obligations.  The Guarantors will permit any trustee in bankruptcy,
      receiver, debtor in possession, assignee for the benefit of creditors or similar
      Person to pay Administrative Agent, or allow the claim of Administrative Agent
      in respect of, any such interest accruing after the date on which such case
      or
      proceeding is commenced.

     

    (c) Each
      of
      the Guarantors agrees that its guaranty hereunder shall continue to be effective
      or be reinstated, as the case may be, if at any time payment, or any part
      thereof, of any Obligation, is rescinded, invalidated or must otherwise be
      restored by the Administrative Agent or any other Secured Party upon the
      insolvency, bankruptcy, dissolution, liquidation or reorganization of any
      Guaranty Party or otherwise, or upon or as a result of the appointment of a
      receiver, intervenor or conservator of, or trustee of similar office for, any
      Guarantor or any substantial part of its property, or otherwise, all as though
      such payments had not been made.

     

    SECTION
      2.05. Agreement
      To Pay;
      Subrogation.  In furtherance of the foregoing and not in
      limitation of any other right that the Administrative Agent or any other Secured
      Party has at law or in equity against any Guarantor by virtue hereof, upon
      the
      failure of the Borrower or any Guaranty Party to pay any Obligation when and
      as
      the same shall become due, whether at maturity, by acceleration, after notice
      of
      prepayment or otherwise, each Guarantor hereby promises to and will forthwith
      pay, or cause to be paid, to the Administrative Agent for distribution to the
      Secured Parties in cash the amount of such unpaid Obligation.  Upon
      payment by any Guarantor of any sums to the Administrative Agent as provided
      above, all rights of such Guarantor against any Guaranty Party arising as a
      result thereof by way of right of subrogation, contribution, reimbursement,
      indemnity or otherwise shall in all respects be subject to Article
      III.

     

    SECTION
      2.06. Information.  Each
      Guarantor assumes all responsibility for being and keeping itself informed
      of
      each Guaranty Party’s financial condition and assets, and of all
      other

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    circumstances
      bearing upon the risk of nonpayment of the Obligations, and the nature, scope
      and extent of the risks that such Guarantor assumes and incurs hereunder, and
      agrees that none of the Administrative Agent or the other Secured Parties will
      have any duty to advise such Guarantor of information known to it or any of
      them
      regarding such circumstances or risks.

    
 

    ARTICLE
      III

     

    INDEMNITY,
      SUBROGATION AND SUBORDINATION

     

    SECTION
      3.01. Indemnity
      and
      Subrogation.  In addition to all such rights of indemnity and
      subrogation as the Guarantors may have under applicable law (but subject to
      Section 3.03), the Borrower agrees that in the event a payment of any Obligation
      shall be made by any Guarantor under this Agreement, the Borrower shall
      indemnify such Guarantor for the full amount of such payment and such Guarantor
      shall be subrogated to the rights of the Person to whom such payment shall
      have
      been made to the extent of such payment.

     

    SECTION
      3.02. Contribution
      and
      Subrogation.  Each Guarantor (a “Contributing Party”) agrees
      (subject to Section 3.03) that, in the event a payment shall be made by any
      other Guarantor hereunder in respect of any Obligation and such other Guarantor
      (the “Claiming Party”)
      shall not have been fully indemnified by the Borrower as provided in Section
      3.01, the Contributing Party shall indemnify the Claiming Party in an amount
      equal to the amount of such payment, in each case multiplied by a fraction
      of
      which the numerator shall be the net worth of the Contributing Party on the
      date
      hereof and the denominator shall be the aggregate net worth of all the
      Contributing Parties together with the net worth of the Claiming Party on the
      date hereof (or, in the case of any Guarantor becoming a party hereto pursuant
      to Section 4.14, the date of the Guaranty Supplement hereto executed and
      delivered by such Guarantor).  Any Contributing Party making any
      payment to a Claiming Party pursuant to this Section 3.02 shall be subrogated
      to
      the rights of such Claiming Party to the extent of such payment.  Each
      Guarantor recognizes and acknowledges that the rights to contribution arising
      hereunder shall constitute an asset in favor of the party entitled to such
      contribution.  In this connection, each Guarantor has the right to
      waive, to the fullest extent permitted by applicable law, its contribution
      right
      against any other Guarantor to the extent that after giving effect to such
      waiver such Guarantor would remain solvent, in the determination of the Required
      Lenders.  The provisions of this Section 3.02 shall in no respect
      limit the obligations and liabilities of any Guarantor to the Administrative
      Agent and the Secured Parties (or if a Guarantor is subrogated to any right
      of
      the Administrative Agent or any Secured Party by operation of law, such
      Guarantor hereby waives such rights to the extent permitted by applicable law),
      and each Guarantor shall remain liable to the Administrative Agent and the
      other
      Secured Parties up to the maximum liability of such Guarantor
      hereunder.

     

    SECTION
      3.03. Subordination.  (a)
      Notwithstanding any provision of this Agreement to the contrary, all rights
      of
      the Guarantors under Sections 3.01 and 3.02 and all other rights of indemnity,
      contribution or subrogation under applicable law or otherwise shall be fully
      subordinated to the indefeasible payment in full in cash of the Obligations
      and
      no Guarantor shall exercise or enforce any right or indemnification or
      subrogation until such payment in full of the Obligations; provided that if any amount
      shall be paid to such Guarantor on account of such subrogation rights at any
      time prior to the irrevocable payment in full of the Obligations, such amount
      shall be held by such Guarantor in trust for the benefit of the Secured Parties,
      segregated from the other funds of such Guarantor, and shall forthwith be paid
      to the Administrative Agent to be credited and applied against the Obligations,
      whether matured or unmatured, in accordance with the terms of the Credit
      Agreement.  No failure on the part of the Borrower or any Guarantor to
      make the payments required by Sections 3.01 and 3.02 (or any other

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    payments
      required under applicable law or otherwise) shall in any respect limit the
      obligations and liabilities of any Guarantor with respect to its obligations
      hereunder, and each Guarantor shall remain liable for the full amount of the
      obligations of such Guarantor hereunder.  To the maximum extent
      permitted by applicable law, each Guarantor hereby waives any defense relating
      to any action by the Administrative Agent that has the effect of impairing
      the
      Guarantor’s right of subrogation or indemnification.

     

    (b)
      Any
      Indebtedness of any Guaranty Party now or hereafter owed to any other Guaranty
      Party (the “Obligee Guarantor”) is hereby subordinated in right of payment to
      the Obligations, and any such Indebtedness collected or received by the Obligee
      Guarantor after an Event of Default has occurred and is continuing shall be
      held
      in trust for the Administrative Agent for the benefit of the Secured Parties,
      segregated from the funds of such Guarantor, and shall forthwith be paid to
      the
      Administrative Agent, to be credited and applied against Obligations, whether
      matured or unmatured, but without affecting, impairing or limiting in any manner
      the liability of the Obligee Guarantor under any other provision
      hereof.

     

    ARTICLE
      IV

     

    MISCELLANEOUS

     

    SECTION
      4.01. Authority
      of the
      Administrative Agent.  (a) The Administrative Agent enters into
      this Guaranty in its capacity as agent for the Secured Parties from time to
      time.  The rights and obligations of the Administrative Agent under
      this agreement at any time are the rights and obligations of the Secured Parties
      at that time.  Each of the Secured Parties has (subject to the terms
      of the Loan Documents) a several entitlement to each such right, and a several
      liability in respect of each such obligation, in the proportions described
      in
      the Loan Documents.  The rights, remedies and discretions of the
      Secured Parties, or any of them, under this Guaranty may be exercised by the
      Administrative Agent.  As between the Administrative Agent and the
      Guarantors, the Administrative Agent shall be conclusively presumed to be acting
      as agent for the Secured Parties with full and valid authority so to act or
      refrain from acting.  Parties to this Guaranty may, but are not
      obliged to, inquire whether an exercise by the Administrative Agent of any
      such
      right, remedy or discretion is within the Administrative Agent’s authority as
      agent for the Secured Parties, provided, that,
      notwithstanding any such inquiry the Administrative Agent’s rights, remedies or
      discretion under the Loan Documents shall not be in any way prejudiced or
      impeded hereunder or thereunder.  All powers, authorizations and
      agencies contained in this Guaranty are coupled with an interest and are
      irrevocable until this Guaranty is terminated.

     

    (b)
      Each party to this Guaranty
      acknowledges and agrees that any changes (in accordance with the provisions
      of
      the Loan Documents) in the identity of the persons from time to time comprising
      the Secured Parties gives rise to an equivalent change in the Secured Parties,
      without any further act. Upon such an occurrence, the persons then comprising
      the Secured Parties are vested with the rights, remedies and discretions and
      assume the obligations of a Secured Party under this Guaranty. Each party to
      this Guaranty irrevocably authorizes the Administrative Agent to give effect
      to
      the change in Secured Party contemplated in this Section 4.01(b) by
      countersigning an Assignment and Assumption.

     

    SECTION
      4.02. Representations
      and
      Warranties; Covenants.  (a) Each Guarantor hereby represents
      and warrants that the representations and warranties set forth in Article 5
      of
      the Credit Agreement as of the Closing Date (except where such representations
      and warranties expressly relate to an earlier date, in which case such
      representation and warranties were true and correct as of such earlier date),
      as
      they relate to such Guarantor or in the other Loan Documents to which such
      Guarantor is a party, each of which is hereby incorporated herein by reference,
      are true and correct in all material respects, and 

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    the
      Administrative Agent and each other Secured Party shall be entitled to rely
      on
      each of them as if they were fully set forth herein.

     

    (b)
      Each Guarantor hereby covenants and
      agrees with the Administrative Agent and each other Secured Party that, from
      and
      after the date of this Guaranty until the Obligations (other than contingent
      indemnification obligations not yet accrued and payable) under the Loan
      Documents are paid in full, the Commitments are terminated and all Letters
      of
      Credit, all Cash Management Obligations, all Secured Hedge Agreements and all
      other Obligations (including a guarantee that is contingent in nature) have
      expired or terminated, such Guarantor shall take, or shall refrain from taking,
      as the case may be, all actions that are necessary to be taken or not taken
      so
      that no violation of any provision, covenant or agreement contained in Article
      6
      or Article 7 of the Credit Agreement and so that no Default or Event of Default,
      is caused by any act or failure to act of such Guarantor or any of its
      Subsidiaries.

     

    SECTION
      4.03.  Payments.  Each
      Guarantor hereby agrees that payments hereunder will be paid to the
      Administrative Agent without set-off or counterclaim in US Dollars in
      immediately available funds at the Administrative Agent’s
      Office.  Each Guarantor agrees that the provisions of Section 3.01 and
      Section 10.19 of the Credit Agreement are incorporated herein by reference,
      mutatis mutandis, and
      the parties hereto agree to such terms.  

     

    SECTION
      4.04. Notices.  All
      communications and notices hereunder shall (except as otherwise expressly
      permitted herein) be in writing and given as provided in Section 10.02 of the
      Credit Agreement.  All communications and notices hereunder to any
      Guarantor shall be given to it in care of the Borrower as provided in Section
      10.02 of the Credit Agreement.

     

    SECTION
      4.05. Waivers;
      Amendment.  (a)  No failure or
      delay by the Administrative Agent, any other Agent, any L/C Issuer or any Lender
      in exercising any right or power hereunder or under any other Loan Document
      shall operate as a waiver thereof, nor shall any single or partial exercise
      of
      any such right or power, or any abandonment or discontinuance of steps to
      enforce such a right or power, preclude any other or further exercise thereof
      or
      the exercise of any other right or power.  The rights and remedies of
      the Administrative Agent, any other Agent, the L/C Issuers and the Lenders
      hereunder and under the other Loan Documents are cumulative, may be exercised
      singly or concurrently, and are not exclusive of any rights or remedies that
      they would otherwise have.  No waiver of any provision of this
      Agreement or consent to any departure by any Guaranty Party therefrom shall
      in
      any event be effective unless the same shall be permitted by paragraph (b)
      of
      this Section 4.05, and then such waiver or consent shall be effective only
      in
      the specific instance and for the purpose for which given.  Without
      limiting the generality of the foregoing, the making of a Loan or issuance
      of a
      Letter of Credit shall not be construed as a waiver of any Default, regardless
      of whether the Administrative Agent, any other Agent, any Lender or any L/C
      Issuer may have had notice or knowledge of such Default at the
      time.  No notice or demand on any Guaranty Party in any case shall
      entitle any Guaranty Party to any other or further notice or demand in similar
      or other circumstances.

     

    (b) Neither
      this Agreement nor any provision hereof may be waived, amended or modified
      except pursuant to an agreement or agreements in writing entered into by the
      Administrative Agent and the Guaranty Party or Guaranty Parties with respect
      to
      which such waiver, amendment or modification is to apply, subject to any consent
      required in accordance with Section 10.01 of the Credit Agreement.

     

    SECTION
      4.06. Administrative
      Agent's Fees
      and Expenses, Indemnification.  (a)  The parties
      hereto agree that the Administrative Agent shall be entitled to reimbursement
      of
      its expenses incurred hereunder as provided in Section 10.04 of the Credit
      Agreement.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    (b) Without
      limitation of its indemnification obligations under the other Loan Documents,
      the Borrower agrees to indemnify the Administrative Agent and the other
      Indemnitees (as defined in Section 10.05 of the Credit Agreement) against,
      and
      hold each Indemnitee harmless from, any and all losses, claims, damages,
      liabilities and related expenses, including the reasonable fees, charges and
      disbursements of any counsel for any Indemnitee, incurred by or asserted against
      any Indemnitee arising out of, in connection with, or as a result of, the
      execution, delivery, performance, enforcement or administration of this
      Agreement or any claim, litigation, investigation or proceeding relating to
      any
      of the foregoing agreements or instruments contemplated hereby, whether or
      not
      any Indemnitee is a party thereto; provided that such indemnity
      shall not, as to any Indemnitee, be available to the extent that such losses,
      claims, damages, liabilities or related expenses are determined by a court
      of
      competent jurisdiction by final and nonappealable judgment to have resulted
      from
      the gross negligence, bad faith or willful misconduct of such Indemnitee or
      of
      any Affiliate, director, officer, employee, counsel, agent or attorney-in-fact
      of such Indemnitee.

     

    (c) Any
      such
      amounts payable as provided hereunder shall be additional Obligations guaranteed
      hereby and secured by the other Collateral Documents.  The provisions
      of this Section 4.06 shall remain operative and in full force and effect
      regardless of the termination of this Agreement or any other Loan Document,
      the
      consummation of the transactions contemplated hereby, the repayment of any
      of
      the Obligations, the invalidity or unenforceability of any term or provision
      of
      this Agreement or any other Loan Document, or any investigation made by or
      on
      behalf of the Administrative Agent or any other Secured Party.  All
      amounts due under this Section 4.06 shall be payable within 10 Business Days
      of
      written demand therefor.

     

    SECTION
      4.07. Successors
      and
      Assigns.  The provisions of this Agreement shall be binding
      upon and shall inure to the benefit of each Guaranty Party, the Administrative
      Agent and the other Secured Parties and their respective successors and assigns
      permitted hereby, except that no Guaranty Party shall have the right to assign
      or transfer its rights or obligations hereunder or any interest herein (and
      any
      such assignment or transfer shall be void) except as expressly contemplated
      by
      this Agreement or the other Loan Documents.  Whenever in this
      Agreement any of the parties hereto is referred to, such reference shall be
      deemed to include the permitted successors and assigns of such
      party.

     

    SECTION
      4.08. Counterparts;
      Several
      Agreement.  This Agreement may be executed in one or more
      counterparts, each of which shall be deemed an original, but all of which
      together shall constitute one-and-the-same instrument.  This Agreement
      shall become effective as to any Guaranty Party when a counterpart hereof
      executed on behalf of such Guaranty Party shall have been delivered to the
      Administrative Agent and a counterpart hereof shall have been executed on behalf
      of the Administrative Agent.  Delivery by telecopier or electronic
      transmission of an executed counterpart of a signature page to this Agreement
      shall be effective as delivery of an original executed counterpart of this
      Agreement.  The Administrative Agent may also require that any such
      documents and signatures delivered by telecopier or electronic transmission
      be
      confirmed by a manually signed original thereof; provided that the failure
      to
      request or deliver the same shall not limit the effectiveness of any document
      or
      signature delivered by telecopier or electronic transmission.  Without
      in any way affecting the joint and several nature of the obligations created
      hereunder, this Agreement shall be construed as a separate agreement with
      respect to each Guaranty Party and may be amended, modified, supplemented,
      waived or released with respect to any Guaranty Party without the approval
      of
      any other Guaranty Party and without affecting the obligations of any other
      Guaranty Party hereunder.

     

    SECTION
      4.09. Severability.  If
      any provision of this Agreement is held to be illegal, invalid or unenforceable,
      the legality, validity and enforceability of the remaining provisions of this
      Agreement shall not be affected or impaired thereby.  The invalidity
      of a provision in a particular jurisdiction shall not invalidate or render
      unenforceable such provision in any other jurisdiction.  To the

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    extent
      permitted under applicable law, the parties hereto shall endeavor in good-faith
      negotiations to replace the invalid, illegal or unenforceable provisions with
      valid provisions the economic effect of which comes as close as possible to
      that
      of the invalid, illegal or unenforceable provisions.  

     

    SECTION
      4.10. Right
      of
      Set-Off.  In addition to any rights and remedies of the Secured
      Parties provided by Law, upon the occurrence and during the continuance of
      any
      Event of Default, each Secured Party and any of its respective Affiliates is
      authorized at any time and from time to time, without prior notice to any
      Guaranty Party, any such notice being waived by each Guaranty Party to the
      fullest extent permitted by applicable Law, to set off and apply any and all
      deposits (general or special, time or demand, provisional or final) in any
      currency at any time held by, and other Indebtedness in any currency (in each
      case whether direct or indirect, absolute or contingent, matured or unmatured)
      at any time held or owing by, such Secured Party or any of its respective
      Affiliates to or for the credit or the account of any Loan Party and any
      Subsidiary of any Loan Party against any and all Obligations owing to such
      Secured Party and its Affiliates hereunder or under any other Loan Document,
      now
      or hereafter existing, irrespective of whether or not such Secured Party or
      Affiliate shall have made demand under this Agreement or any other Loan Document
      and although such Obligations may be contingent or unmatured or denominated
      in a
      currency different from that of the applicable deposit or
      Indebtedness.  Notwithstanding anything to the contrary contained
      herein, no Secured Party or any of its respective Affiliates shall have a right
      to set off and apply any deposits held by, or other Indebtedness owing by,
      such
      Secured Party or any of its Affiliates to or for the credit or the account
      of
      any Subsidiary of a Loan Party that is not a “United States person” within the
      meaning of Section 7701(a)(30) of the Code unless such Subsidiary is not a
      direct or indirect subsidiary of Parent.  Each Secured Party agrees
      promptly to notify the Borrower and the Administrative Agent after any such
      set
      off and application made by such Secured Party; provided that the failure
      to
      give such notice shall not affect the validity of such setoff and
      application.  The rights of the Secured Parties under this Section
      4.10 are in addition to other rights and remedies (including other rights of
      setoff) that the Secured Parties may have.

     

    SECTION
      4.11. Governing
      Law; Jurisdiction;
      Venue; Waiver Of Jury Trial; Consent To Service Of
      Process.  

     

    (a) The
      terms
      of Section 10.16 and 10.17 of the Credit Agreement with respect to governing
      law, submission of jurisdiction, venue and waiver of trial by jury are
      incorporated herein by reference, mutatis mutandis, and the
      parties hereto agree to such terms.

     

    (b) Each
      party to this Agreement irrevocably consents to service of process in the manner
      provided for notices in Section 4.04.  Nothing in this Agreement will
      affect the right of any party to this Agreement to serve process in any other
      manner permitted by law.

     

    SECTION
      4.12. Headings.  Article
      and Section headings and the Table of Contents used herein are for convenience
      of reference only, are not part of this Agreement and are not to affect the
      construction of, or to be taken into consideration in interpreting, this
      Agreement.

     

    SECTION
      4.13. Termination
      or
      Release.  (a)  This Agreement
      and the Guaranties made herein shall terminate with respect to all Obligations
      when all the outstanding Obligations (other than contingent indemnification
      obligations not yet accrued and payable) have been fully and indefeasibly paid
      in full in cash, and all Letters of Credit, all Cash Management Obligations,
      all
      Secured Hedge Agreements and all other Obligations (including a guarantee that
      is contingent in nature) have expired or terminated, and the Lenders have no
      further commitment to lend under the Credit Agreement.

     

    (b) A
      Guarantor shall automatically be released from its obligations hereunder as
      provided in Section 9.13 of the Credit Agreement.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    (c) In
      connection with any termination or release pursuant to paragraph (a) or (b)
      of
      this Section 4.13, the Administrative Agent shall execute and deliver to any
      Guarantor, at such Guarantor’s expense, all documents that such Guarantor shall
      reasonably request to evidence such termination or release, in each case in
      accordance with the terms of Section 9.13 of the Credit
      Agreement.  Any execution and delivery of documents pursuant to this
      Section 4.13 shall be without recourse to or warranty by the Administrative
      Agent.

     

    (d) At
      any
      time that the Borrower desires that the Administrative Agent take any of the
      actions described in immediately preceding paragraph (c), it shall, upon request
      of the Administrative Agent, deliver to the Administrative Agent a certificate
      from a Responsible Officer of the Borrower certifying that the release of the
      respective Guarantor is permitted pursuant to paragraph (a) or
      (b).  The Administrative Agent shall have no liability whatsoever to
      any Secured Party as a result of any release of any Guarantor by it as permitted
      (or which the Administrative Agent in good faith believes to be permitted)
      by
      this Section 4.13.

     

    (e) Notwithstanding
      anything to the contrary set forth in this Agreement, each Cash Management
      Bank
      and each Hedge Bank, by the acceptance of the benefits under this Agreement,
      hereby acknowledges and agrees that any release of a Guarantor effected in
      the
      manner permitted by this Agreement shall not require the consent of any Hedge
      Bank or Cash Management Bank.

     

    SECTION
      4.14. Additional
      Guarantors.  Each Material Domestic Subsidiary of the Parent
      that is required to enter in this Agreement as a Guarantor pursuant to Section
      6.11 of the Credit Agreement shall execute and deliver a Guaranty Supplement
      in
      form and substance substantially similar to Exhibit I hereto and thereupon
      such
      Material Domestic Subsidiary shall become a Guarantor hereunder with the same
      force and effect as if originally named as a Guarantor herein.  The
      execution and delivery of any such instrument shall not require the consent
      of
      any other Guaranty Party hereunder.  The rights and obligations of
      each Guaranty Party hereunder shall remain in full force and effect
      notwithstanding the addition of any new Guaranty Party as a party to this
      Agreement.

     

    SECTION
      4.15. Limitation
      on Guaranteed
      Obligations.  Each Guarantor and each Secured Party (by its
      acceptance of the benefits of this Agreement) hereby confirms that it is its
      intention that this Agreement not constitute a fraudulent transfer or conveyance
      for purposes of any Debtor Relief Laws (including the Bankruptcy Code, the
      Uniform Fraudulent Conveyance Act or any similar Federal or state
      law).  To effectuate the foregoing intention, each Guarantor and each
      Secured Party (by its acceptance of the benefits of this Agreement) hereby
      irrevocably agrees that the Obligations owing by such Guarantor under this
      Agreement shall be limited to the maximum amount as will result in the
      Obligations of such Guarantor in respect of such maximum amount not constituting
      a fraudulent transfer or conveyance.   

     

    SECTION
      4.16.  Survival.  All
      representations and
      warranties made hereunder or other document delivered pursuant hereto or
      in connection herewith shall survive the execution and delivery hereof, and
      shall continue in full force and effect as long as any Loan or any other
      Obl igation
      hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall
      remain outstanding.  Notwithstanding
      anything herein or implied by law to the contrary, the agreements of each
      Guaranty Party set forth in Section 4.03, Section 4.06 and Section
      4.10 shall survive termination of the Aggregate Commitments, the repayment
      of
      all Obligations and the cancellation or expiration of the Letters of Credit
      and
      the reimbursement of any amounts drawn
      thereunder.

     

    

     

    [Signatures
      on following page]

      
        
          
            
              	
                       

                    	
                       

                    	 

            

            

          

          10

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    IN
      WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of
      the
      day and year first above written.

     

    

    
      	
               

            	
              ALLTEL
                CORPORATION,
                

            

    

    
      	
               

            	
              as
                a Guarantor 

            

    

    

    

    
       By: /s/
        Sharilyn S.
        Gasaway             

    

     Name: 
      Sharilyn S. Gasaway

    
       Title: 
        Executive Vice President and Chief Financial Officer 

    

     

    
      	
               

            	
              EACH
                OF THE GUARANTORS LISTED 

            

    

    
      	
               

            	
              ON
                ANNEX A HERETO,
                

            

    

    
      	
               

            	
              each
                as a Guarantor 

            

    

    

    

    
       By: /s/
        Sharilyn S.
        Gasaway             

    

     Name:  Sharilyn
      S. Gasaway

     Title: 
      Authorized Signatory

     

     

    
      
        
          
            	
                    [

                  	 	
                     

                  

          

          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    IN
      WITNESS WHEREOF, for the purposes of Section 3.01 only, the undersigned has
      executed this Guaranty as of the date first written above.

     

    
      	
               

            	
              ALLTEL
                COMMUNICATIONS, INC. 

            

    

    

    

    
      	
               

            	
               

            	
              By: /s/
                Sharilyn S.
                Gasaway                                   
                

            

    

     Name:
      Sharilyn S. Gasaway

    
      	
               

            	
              Title:
                Executive Vice President and Chief Financial Officer
                

            

    

     

    

     

    
      
        
          
            	
                     

                  	 	
                     

                  

          

          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have duly executed this Agreement as of the day
      and
      year first above written.

     

     

                                                                                                                                                                            
CITIBANK,
      N.A., as Administrative
      Agent

    

    

     By: /s/
      Ross A. Mac
      Intyre              

     Name:
      Ross A. Mac Intyre

                                                                
      Title: Vice President and Managing Director

     

    
      
        
          
            	
                     

                  	 	
                     

                  

          

          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    ANNEX
      A

    

    GUARANTORS

    

    
      	
              1.  

            	
              ACI
                Procurement Company LP

            

    

    
      	
              2.  

            	
              ALLTEL
                Cellular Associates of Arkansas Limited
                Partnership

            

    

    
      	
              3.  

            	
              Alltel
                Communications Finance, Inc.

            

    

    
      	
              4.  

            	
              ALLTEL
                Communications Investments, Inc.

            

    

    
      	
              5.  

            	
              ALLTEL
                Communications of Michigan RSA #4,
                Inc.

            

    

    
      	
              6.  

            	
              ALLTEL
                Communications of Michigan RSA #6 Cellular Limited
                Partnership

            

    

    
      	
              7.  

            	
              ALLTEL
                Communications of Michigan RSAs,
                Inc.

            

    

    
      	
              8.  

            	
              ALLTEL
                Communications of Mississippi RSA #2,
                Inc.

            

    

    
      	
              9.  

            	
              ALLTEL
                Communications of Mississippi RSA #6,
                Inc.

            

    

    
      	
              10.  

            	
              ALLTEL
                Communications of Mississippi RSA #7,
                Inc.

            

    

    
      	
              11.  

            	
              ALLTEL
                Communications of Nebraska, Inc.

            

    

    
      	
              12.  

            	
              ALLTEL
                Communications of New Mexico, Inc.

            

    

    
      	
              13.  

            	
              ALLTEL
                Communications of North Arkansas,
                Inc.

            

    

    
      	
              14.  

            	
              ALLTEL
                Communications of North Louisiana Cellular Limited
                Partnership

            

    

    
      	
              15.  

            	
              ALLTEL
                Communications of Ohio No. 2, Inc.

            

    

    
      	
              16.  

            	
              ALLTEL
                Communications of Ohio No. 3, Inc.

            

    

    
      	
              17.  

            	
              ALLTEL
                Communications of Petersburg, Inc.

            

    

    
      	
              18.  

            	
              ALLTEL
                Communications of Pine Bluff, LLC

            

    

    
      	
              19.  

            	
              ALLTEL
                Communications of Saginaw, Inc.

            

    

    
      	
              20.  

            	
              ALLTEL
                Communications of South Arkansas,
                Inc.

            

    

    
      	
              21.  

            	
              ALLTEL
                Communications of Southern Michigan Cellular Limited
                Partnership

            

    

    
      	
              22.  

            	
              ALLTEL
                Communications of Southern Michigan,
                Inc.

            

    

    
      	
              23.  

            	
              ALLTEL
                Communications of Southwest Arkansas Cellular Limited
                Partnership

            

    

    
      	
              24.  

            	
              ALLTEL
                Communications of Texarkana, Inc.

            

    

    
      	
              25.  

            	
              ALLTEL
                Communications of Texas Limited
                Partnership

            

    

    
      	
              26.  

            	
              ALLTEL
                Communications of the Southwest Limited
                Partnership

            

    

    
      	
              27.  

            	
              ALLTEL
                Communications of Virginia No. 1,
                Inc.

            

    

    
      	
              28.  

            	
              ALLTEL
                Communications of Virginia, Inc.

            

    

    
      	
              29.  

            	
              ALLTEL
                Communications Southwest Holdings,
                Inc.

            

    

    
      	
              30.  

            	
              ALLTEL
                Communications Wireless of Louisiana,
                Inc.

            

    

    
      	
              31.  

            	
              ALLTEL
                Communications Wireless, Inc.

            

    

    
      	
              32.  

            	
              ALLTEL
                Communications, Inc.

            

    

    
      	
              33.  

            	
              Alltel
                Group

            

    

    
      	
              34.  

            	
              Alltel
                Group LLC

            

    

    
      	
              35.  

            	
              Alltel
                Incentives LLC

            

    

    
      	
              36.  

            	
              ALLTEL
                International Holding, Inc.

            

    

    
      	
              37.  

            	
              ALLTEL
                Investments, Inc.

            

    

    
      	
              38.  

            	
              ALLTEL
                Mobile of Louisiana, LLC

            

    

    
      	
              39.  

            	
              ALLTEL
                Newco LLC

            

    

    
      	
              40.  

            	
              ALLTEL
                Ohio Limited Partnership

            

    

    
      	
              41.  

            	
              ALLTEL
                Properties, LLC

            

    

    
      	
              42.  

            	
              ALLTEL
                Remote Access, Inc.

            

    

    
      	
              43.  

            	
              ALLTEL
                Telelink, Inc.

            

    

    
      	
              44.  

            	
              ALLTEL
                Wireless Holdings of Nebraska, Inc.

            

    

    
      	
              45.  

            	
              ALLTEL
                Wireless Holdings, LLC

            

    

    
      	
              46.  

            	
              ALLTEL
                Wireless of Alexandria, LLC

            
	
              47.   

            	
              ALLTEL
                Wireless of LaCrosse, LLC

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
    

    
      	
              48.  

            	
              ALLTEL
                Wireless of Michigan RSA #1 and RSA #2,
                Inc.

            

    

    
      	
              49.  

            	
              ALLTEL
                Wireless of Mississippi RSA #5, LLC

            

    

    
      	
              50.  

            	
              ALLTEL
                Wireless of North Louisiana, LLC

            

    

    
      	
              51.  

            	
              ALLTEL
                Wireless of Shreveport, LLC

            

    

    
      	
              52.  

            	
              ALLTEL
                Wireless of Texarkana, LLC

            

    

    
      	
              53.  

            	
              ALLTEL
                Wireless of Wisconsin Appleton-Oshkosh- Neenah MSA,
                LLC

            

    

    
      	
              54.  

            	
              ALLTEL
                Wireless of Wisconsin RSA #1, LLC

            

    

    
      	
              55.  

            	
              ALLTEL
                Wireless of Wisconsin RSA #10, LLC

            

    

    
      	
              56.  

            	
              ALLTEL
                Wireless of Wisconsin RSA #2, LLC

            

    

    
      	
              57.  

            	
              ALLTEL
                Wireless of Wisconsin RSA #3, LLC

            

    

    
      	
              58.  

            	
              ALLTEL
                Wireless of Wisconsin RSA #6, LLC

            

    

    
      	
              59.  

            	
              ALLTEL
                Wireless of Wisconsin RSA #8, LLC

            

    

    
      	
              60.  

            	
              Appleton-Oshkosh-Neenah
                MSA Limited Partnership

            

    

    
      	
              61.  

            	
              Cellular
                of Southern Illinois, Inc.

            

    

    
      	
              62.  

            	
              Celutel,
                Inc.

            

    

    
      	
              63.  

            	
              Central
                Florida Cellular Telephone Company,
                Inc.

            

    

    
      	
              64.  

            	
              Control
                Communications Industries, Inc.

            

    

    
      	
              65.  

            	
              CP
                National Corporation

            

    

    
      	
              66.  

            	
              Dynalex,
                Inc.

            

    

    
      	
              67.  

            	
              Eau
                Claire Cellular Telephone Limited
                Partnership

            

    

    
      	
              68.  

            	
              Eau
                Claire Cellular, Inc.

            

    

    
      	
              69.  

            	
              First
                Wireless, LLC

            

    

    
      	
              70.  

            	
              Great
                Western Cellular Holdings, LLC

            

    

    
      	
              71.  

            	
              ID
                Holding, LLC

            

    

    
      	
              72.  

            	
              KIN
                Network, Inc.

            

    

    
      	
              73.  

            	
              Midwest
                Wireless Communications L.L.C.

            

    

    
      	
              74.  

            	
              Midwest
                Wireless Holdings L.L.C.

            

    

    
      	
              75.  

            	
              Midwest
                Wireless Iowa L.L.C.

            

    

    
      	
              76.  

            	
              Midwest
                Wireless Wisconsin L.L.C.

            

    

    
      	
              77.  

            	
              Minford
                Cellular Telephone Company

            

    

    
      	
              78.  

            	
              MVI
                Corp.

            

    

    
      	
              79.  

            	
              N12AR,
                LLC

            

    

    
      	
              80.  

            	
              North-West
                Cellular of Eau Claire, Inc.

            

    

    
      	
              81.  

            	
              Ocean
                Technology International, Inc.

            

    

    
      	
              82.  

            	
              Ocean
                Technology, Inc.

            

    

    
      	
              83.  

            	
              Pacific
                Telecom Cellular of Washington,
                Inc.

            

    

    
      	
              84.  

            	
              Pacific
                Telecom Cellular, Inc.

            

    

    
      	
              85.  

            	
              Pascagoula
                Cellular Services, Inc.

            

    

    
      	
              86.  

            	
              Radiofone,
                Inc.

            

    

    
      	
              87.  

            	
              RCTC
                Wholesale Corporation

            

    

    
      	
              88.  

            	
              Saginaw
                Bay Cellular Company

            

    

    
      	
              89.  

            	
              Six
                Zulu Echo, LLC

            

    

    
      	
              90.  

            	
              Southern
                Illinois Cellular Corp.

            

    

    
      	
              91.  

            	
              Southern
                Illinois RSA Partnership

            

    

    
      	
              92.  

            	
              Switch
                2000 LLC

            

    

    
      	
              93.  

            	
              Telecor
                Cellular, Inc.

            

    

    
      	
              94.  

            	
              Tucson
                21 Cellular Limited Partnership

            

    

    
      	
              95.  

            	
              UC/PTC
                of Wisconsin, LLC

            

    

    
      	
              96.  

            	
              Universal
                Cellular, Inc.

            

    

    
      	
              97.  

            	
              Virginia
                Cellular LLC

            

    

    
      	
              98.  

            	
              Western
                CLEC Corporation

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              99.  

            	
              Western
                COG Corporation

            

    

    
      	
              100.  

            	
              Western
                Wireless International Austria
                Corporation

            

    

    
      	
              101.  

            	
              Western
                Wireless International Bolivia III
                Corporation

            

    

    
      	
              102.  

            	
              Western
                Wireless International Corporation

            

    

    
      	
              103.  

            	
              Western
                Wireless International Georgia
                Corporation

            

    

    
      	
              104.  

            	
              Western
                Wireless International Ghana
                Corporation

            

    

    
      	
              105.  

            	
              Western
                Wireless International Haiti
                Corporation

            

    

    
      	
              106.  

            	
              Western
                Wireless International Holding
                Corporation

            

    

    
      	
              107.  

            	
              Western
                Wireless International Ivory Coast
                Corporation

            

    

    
      	
              108.  

            	
              Western
                Wireless International Ivory Coast II
                Corporation

            

    

    
      	
              109.  

            	
              Western
                Wireless International Kosovo
                Corporation

            

    

    
      	
              110.  

            	
              Western
                Wireless International SakSat
                Corporation

            

    

    
      	
              111.  

            	
              Western
                Wireless International Slovenia
                Corporation

            

    

    
      	
              112.  

            	
              Western
                Wireless International Slovenia II
                Corporation

            

    

    
      	
              113.  

            	
              Western
                Wireless LLC

            

    

    
      	
              114.  

            	
              WWC
                CLEC Holding Corporation

            

    

    
      	
              115.  

            	
              WWC
                Holding Co., Inc.

            

    

    
      	
              116.  

            	
              WWC
                License Holding LLC

            

    

    
      	
              117.  

            	
              WWC
                License LLC

            

    

    
      	
              118.  

            	
              WWC
                Systems Purchasing Corporation

            

    

    
      	
              119.  

            	
              WWC
                Texas RSA Holding Corporation

            

    

    
      	
              120.  

            	
              WWC
                Texas RSA Limited Partnership

            

    

    
      	
              121.  

            	
              Youngstown-Warren
                MSA Limited Partnership

            

    

    

      
        
          
            
              	
                       

                    	 	
                       

                    

            

            

          

          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    SUPPLEMENT
      NO.____ dated as of [   ], to the Guaranty dated as of November
      16, 2007, among ALLTEL CORPORATION, a Delaware corporation (“Parent”), ALLTEL
      COMMUNICATIONS, INC., a Delaware corporation (“Borrower”), certain
      subsidiaries of
      Parent from time to time party hereto (collectively, “Subsidiaries” and,
      individually, “Subsidiary”), and CITIBANK,
      N.A., as Administrative Agent (as defined below).

     

    A.           
      Reference is made to (i) Credit Agreement dated as of November 16, 2007 (as
      amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the
      Borrower, Parent, Citibank, N.A., as Administrative Agent, Swing Line Lender,
      and L/C Issuer, and each lender from time to time party thereto (collectively,
      the “Lenders” and
      individually, a “Lender”), (ii) each Secured
      Hedge Agreement, and (iii) the Cash Management Obligations.

     

    B.           
      Capitalized terms used herein and not otherwise defined herein shall have the
      meanings assigned to such terms in the Credit Agreement.

     

    C.           
      The Guarantors have entered into the Guaranty in order to induce (i) the Lenders
      to make Loans and the L/C Issuers to issue Letters of Credit, (ii) the Hedge
      Banks to enter into and/or maintain Secured Hedge Agreements and (iii) the
      Cash
      Management Banks to provide Cash Management Services. Section 4.14 of the
      Guaranty provides that additional Material Domestic Subsidiaries of the Borrower
      may become Guarantors under the Guaranty by execution and delivery of an
      instrument in the form of this Supplement.  The undersigned Material
      Domestic Subsidiary (the “New
      Subsidiary”) is executing this Supplement in accordance with the
      requirements of the Credit Agreement to become a Guarantor under the Guaranty
      in
      order to induce (A) the Lenders to make additional Loans and the L/C Issuers
      to
      issue additional Letters of Credit, (B) the Hedge Banks to enter into and/or
      maintain Secured Hedge Agreements and (C) the Cash Management Banks to provide
      Cash Management Services and as consideration for (x) Loans previously made
      and
      Letters of Credit previously issued, (y) Secured Hedge Agreements previously
      entered into and/or maintained and (z) Cash Management Services previously
      provided.

     

    Accordingly,
      the Administrative Agent and the New Subsidiary agree as follows:

     

    SECTION
      1.  In accordance with Section 4.14 of the Guaranty, the New
      Subsidiary by its signature below becomes a Guarantor under the Guaranty with
      the same force and effect as if originally named therein as a Guarantor and
      the
      New Subsidiary hereby (a) agrees to all the terms and provisions of the Guaranty
      applicable to it as a Guarantor thereunder and (b) represents and warrants
      that
      the representations and warranties made by it as a Guarantor thereunder are
      true
      and correct on and as of the date hereof.  In furtherance of the
      foregoing, the New Subsidiary, as security for the payment and performance
      in
      full of the Obligations does hereby, for the benefit of the Secured Parties,
      their successors and assigns, irrevocably, absolutely and unconditionally
      guaranty, jointly with the other Guarantors and severally, the due and punctual
      payment and performance of the Obligations.  Each reference to a
“Guarantor” in the
      Guaranty shall be deemed to include the New Subsidiary and each reference in
      the
      Credit Agreement and any other Loan Document to a “Guarantor”, “Subsidiary
      Guarantor” or a “Loan Party” shall also be deemed to include the New
      Subsidiary.  The Guaranty is hereby incorporated herein by
      reference.

     

    SECTION
      2.  The New Subsidiary represents and warrants to the Administrative
      Agent and the Secured Parties that this Supplement has been duly authorized,
      executed and delivered by it and constitutes its legal, valid and binding
      obligation, enforceable against it in accordance with its terms, except as
      such
      enforceability may be limited by Debtor Relief Laws and by general principles
      of
      equity.

     

    
      
        
        

      

      
        
          EXHIBIT
            I

          1

        

        
          

        

      

      
        
        

      

    

    SECTION
      3.  This Supplement may be executed in counterparts (and by different
      parties hereto on different counterparts), each of which shall constitute an
      original, but all of which when taken together shall constitute a single
      contract.  This Supplement shall become effective when the
      Administrative Agent shall have received a counterpart of this Supplement that
      bears the signature of the New Subsidiary, and the Administrative Agent has
      executed a counterpart hereof.  Delivery of an executed signature page
      to this Supplement by facsimile transmission or other electronic communication
      shall be as effective as delivery of a manually signed counterpart of this
      Supplement.

     

    SECTION
      4.  Except as expressly supplemented hereby, the Guaranty shall remain
      in full force and effect.

     

    SECTION
      5.  THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
      WITH, THE LAWS OF THE STATE OF NEW YORK.

     

    SECTION
      6.  If any provision contained in this Supplement is held to be
      invalid, illegal or unenforceable, the legality, validity, and enforceability
      of
      the remaining provisions contained herein and in the Guaranty shall not be
      affected or impaired thereby.  The invalidity of a provision in a
      particular jurisdiction shall not invalidate or render unenforceable such
      provision in any other jurisdiction.  To the extent permitted by
      applicable law the parties hereto shall endeavor in good-faith negotiations
      to
      replace the invalid, illegal or unenforceable provisions with valid provisions
      the economic effect of which comes as close as possible to that of the invalid,
      illegal or unenforceable provisions.

     

    SECTION
      7.  All communications and notices hereunder shall be in writing and
      given as provided in Section 4.04 of the Guaranty.

     

    SECTION
      8.  The New Subsidiary agrees to reimburse the Administrative Agent
      for its reasonable out-of-pocket expenses in connection with the execution
      and
      delivery of this Supplement, including the reasonable fees, other charges and
      disbursements of counsel for the Administrative Agent.

     

    [SIGNATURE
      ON THE FOLLOWING PAGE]

     

    
      
        
          
            	
                     

                  	
                    EXHIBIT
                      I

                    2

                  	 

          

          

        

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the New Subsidiary and the Administrative Agent have duly
      executed this Supplement to the Guaranty as of the day and year first above
      written.

     

    

    
      	
               

            	
              [NAME
                OF NEW SUBSIDIARY], 

            

    

     

    
      	
               

            	
              By:                                         
                

            	
            

    

    
      	
               

            	
              Name:
                

            

    

    
      	
               

            	
              Title:
                

            

    

     

                                                            
      Jurisdiction of Formation:

                                                            
      Organizational Identification Number:

                                                            
      Address Of Chief Executive Office:

     

    

     

                                                            
      CITIBANK, N.A., as Administrative Agent

     

    
      	
               

            	
              By:                                                      
                

            	
            

    

    
      	
               

            	
              Name:
                

            

    

    
      	
               

            	
              Title:
                

            

    

     

    

    
EXHIBIT
      I

    3Unassociated Document

     

    
Exhibit
      (4)(c)(2)

    

     

    SUPPLEMENT
      NO.1 dated as of December 14, 2007, to the Guaranty dated as of November 16,
      2007, among ALLTEL CORPORATION, a Delaware corporation (“Parent”), ALLTEL
      COMMUNICATIONS, INC., a Delaware corporation (“Borrower”), certain
      subsidiaries of
      Parent from time to time party hereto (collectively, “Subsidiaries” and,
      individually, “Subsidiary”), and CITIBANK,
      N.A., as Administrative Agent (as defined below).

     

    A.           
      Reference is made to (i) Credit Agreement dated as of November 16, 2007 (as
      amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the
      Borrower, Parent, Citibank, N.A., as Administrative Agent, Swing Line Lender,
      and L/C Issuer, and each lender from time to time party thereto (collectively,
      the “Lenders” and
      individually, a “Lender”), (ii) each Secured
      Hedge Agreement, and (iii) the Cash Management Obligations.

     

    B.           
      Capitalized terms used herein and not otherwise defined herein shall have the
      meanings assigned to such terms in the Credit Agreement.

     

    C.           
      The Guarantors have entered into the Guaranty in order to induce (i) the Lenders
      to make Loans and the L/C Issuers to issue Letters of Credit, (ii) the Hedge
      Banks to enter into and/or maintain Secured Hedge Agreements and (iii) the
      Cash
      Management Banks to provide Cash Management Services. Section 4.14 of the
      Guaranty provides that additional Material Domestic Subsidiaries of the Borrower
      may become Guarantors under the Guaranty by execution and delivery of an
      instrument in the form of this Supplement. The undersigned Material Domestic
      Subsidiary (the “New
      Subsidiary”) is executing this Supplement in accordance with the
      requirements of the Credit Agreement to become a Guarantor under the Guaranty
      in
      order to induce (A) the Lenders to make additional Loans and the L/C Issuers
      to
      issue additional Letters of Credit, (B) the Hedge Banks to enter into and/or
      maintain Secured Hedge Agreements and (C) the Cash Management Banks to provide
      Cash Management Services and as consideration for (x) Loans previously made
      and
      Letters of Credit previously issued, (y) Secured Hedge Agreements previously
      entered into and/or maintained and (z) Cash Management Services previously
      provided.

     

    Accordingly,
      the Administrative Agent and the New Subsidiary agree as follows:

     

    SECTION
      1.  In accordance with Section 4.14 of the Guaranty, the New
      Subsidiary by its signature below becomes a Guarantor under the Guaranty with
      the same force and effect as if originally named therein as a Guarantor and
      the
      New Subsidiary hereby (a) agrees to all the terms and provisions of the Guaranty
      applicable to it as a Guarantor thereunder and (b) represents and warrants
      that
      the representations and warranties made by it as a Guarantor thereunder are
      true
      and correct on and as of the date hereof.  In furtherance of the
      foregoing, the New Subsidiary, as security for the payment and performance
      in
      full of the Obligations does hereby, for the benefit of the Secured Parties,
      their successors and assigns, irrevocably, absolutely and unconditionally
      guaranty, jointly with the other Guarantors and severally, the due and punctual
      payment and performance of the Obligations.  Each reference to a
“Guarantor” in the
      Guaranty shall be deemed to include the New Subsidiary and each reference in
      the
      Credit Agreement and any other Loan Document to a “Guarantor”, “Subsidiary
      Guarantor” or a “Loan Party” shall also be deemed to include the New
      Subsidiary.  The Guaranty is hereby incorporated herein by
      reference.

     

    SECTION
      2.  The New Subsidiary represents and warrants to the Administrative
      Agent and the Secured Parties that this Supplement has been duly authorized,
      executed and delivered by it and constitutes its legal, valid and binding
      obligation, enforceable against it in accordance with its terms, except as
      such
      enforceability may be limited by Debtor Relief Laws and by general principles
      of
      equity.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SECTION
      3.  This Supplement may be executed in counterparts (and by different
      parties hereto on different counterparts), each of which shall constitute an
      original, but all of which when taken together shall constitute a single
      contract.  This Supplement shall become effective when the
      Administrative Agent shall have received a counterpart of this Supplement that
      bears the signature of the New Subsidiary, and the Administrative Agent has
      executed a counterpart hereof.  Delivery of an executed signature page
      to this Supplement by facsimile transmission or other electronic communication
      shall be as effective as delivery of a manually signed counterpart of this
      Supplement.

     

    SECTION
      4.  Except as expressly supplemented hereby, the Guaranty shall remain
      in full force and effect.

     

    SECTION
      5.  THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
      WITH, THE LAWS OF THE STATE OF NEW YORK.

     

    SECTION
      6.  If any provision contained in this Supplement is held to be
      invalid, illegal or unenforceable, the legality, validity, and enforceability
      of
      the remaining provisions contained herein and in the Guaranty shall not be
      affected or impaired thereby.  The invalidity of a provision in a
      particular jurisdiction shall not invalidate or render unenforceable such
      provision in any other jurisdiction.  To the extent permitted by
      applicable law the parties hereto shall endeavor in good-faith negotiations
      to
      replace the invalid, illegal or unenforceable provisions with valid provisions
      the economic effect of which comes as close as possible to that of the invalid,
      illegal or unenforceable provisions.

     

    SECTION
      7.  All communications and notices hereunder shall be in writing and
      given as provided in Section 4.04 of the Guaranty.

     

    SECTION
      8.  The New Subsidiary agrees to reimburse the Administrative Agent
      for its reasonable out-of-pocket expenses in connection with the execution
      and
      delivery of this Supplement, including the reasonable fees, other charges and
      disbursements of counsel for the Administrative Agent.

     

    [SIGNATURE
      ON THE FOLLOWING PAGE]

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the New Subsidiary and the Administrative Agent have duly
      executed this Supplement to the Guaranty as of the day and year first above
      written.

     

    

    
      	
               

            	
              ALLTEL
                NEW LICENSE SUB, LLC 

            

    

     

    
      	
               

            	
               

            	
              
                By:  /s/
                  Holly L.
                  Larkin                           
                  

              

            

    

    
      	
               

            	
              Name:
                Holly L. Larkin

            

    

    
      	
               

            	
              Title:  
                Authorized Signatory

            

    

     

                                                                 
      Jurisdiction of Formation: Delaware

                                                                 
      Organizational Identification Number: 4464012

                                                                 
      Address Of Chief Executive Office: One Allied

                                                                 
      Drive Little Rock, AR 72202

     

    

     

                                                                 
      CITIBANK, N.A., as Administrative Agent

     

    
      	
               

            	
               

            	
              
                By:  /s/
                  Ross A. Mac
                  Intyre                  
                  

              

            

    

    
      	
               

            	
              Name:
                Ross A. Mac Intyre

            

    

    
      	
               

            	
              Title:
                Vice President

            

    

     

    

    
      
        3

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