Document:

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                                                                     Exhibit 4.2

                                                                  EXECUTION COPY

                              AMENDMENT NO. 2 TO
                            REGISTRATION AGREEMENT
                            ----------------------

     THIS AMENDMENT NO. 2 to Registration Agreement (this "Amendment") is
entered into as of this 2d day of August, 2000, among Focal Communications
Corporation, a Delaware corporation (the "Company"), and the stockholders listed
on the signature page hereof (the "Stockholders"). Capitalized terms not
otherwise defined in this Amendment are used herein with the meanings assigned
to such terms in the Registration Agreement, dated November 27, 1996, by and
among the parties thereto, as amended by that certain Amendment No. 1 to
Registration Agreement and Consent, dated August 21, 1998 (together, the
"Registration Agreement").

     WHEREAS, the Company and the Stockholders wish to amend the provisions of
the Registration Agreement as provided in this Amendment; and

     WHEREAS, the Stockholders collectively own all of the Institutional
Investor Registrable Securities and a majority of the Class B Registrable
Securities currently outstanding;

     NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties to this Amendment
hereby agree as follows:

     1.  Section 1(b).  In accordance with Section 8(d) of the Registration
         ------------
Statement, Section 1(a) of the Registration Agreement is hereby amended by
adding the following to the end of the definition of Registrable Securities:

     ; provided further, that such securities shall cease to be Registrable
       ----------------
     Securities if the aggregate number of securities that would otherwise be
     considered Registrable Securities held by a holder (together with his or
     its affiliates) constitutes fewer than 0.5% of the shares of Common Stock
     of the Company then outstanding and the holder thereof may sell such
     securities under Rule 144(k), or any successor provision thereto, under the
     Securities Act.

     2.  Section 3(a).  In accordance with Section 8(d) of the Registration
         ------------
Statement, Section 3(a) of the Registration Agreement is hereby deleted in its
entirety and the following is inserted in lieu thereof:

     (a) Holders of Registrable Securities.  (i) Each holder of Registrable
         ---------------------------------
     Securities shall not effect any public sale or distribution (including
     sales pursuant to Rule 144) of equity securities of the Company, or any
     securities convertible into or exchangeable or exercisable for such
     securities, during (A) the 30-day period prior to and (B) the 90-day period
     beginning on the effective date of any
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     underwritten Demand Registration or any underwritten Piggyback Registration
     in which Registrable Securities are included (except as part of such
     underwritten registration), unless the underwriters managing the registered
     public offering agree otherwise.

     (ii)  The Company shall determine, and notify the holders of Registrable
     Securities of, the commencement date of the 30-day period referred to in
     clause (i)(A) of this Section 3(a).  The Company's determination of the
     commencement date shall be made in good faith after consultation with the
     underwriters managing the registered public offering.

     (iii) The 90-day period referred to in clause (i)(A) of this Section 3(a)
     shall terminate and be of no further force or effect if the closing bid
     price of the Company's common stock at any time exceeds 120% of the
     offering price of the common stock in the registered public offering
     referred to therein for five consecutive trading days.  In addition, if
     such 90-day period terminates as a result of the application of the
     previous sentence, the Company will use reasonable efforts to persuade the
     underwriters managing the registered public offering thereafter to allow
     holders of Registrable Securities to sell their shares in the public market
     (including under Rule 144) without regard to any lock-up or similar
     agreement entered into between the underwriters managing the public
     offering and the holders of Registrable Securities.

     3.  Counterparts.  This Amendment may be executed in multiple counterparts,
         ------------
each of which shall be an original and all of which taken together shall
constitute one and the same agreement.

     4.  Descriptive Headings.  The descriptive headings of this Amendment are
         --------------------
inserted for convenience only and do not constitute a part of this Amendment.

                 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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     IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of
the date first above written.

                                           MADISON DEARBORN CAPITAL
                                           PARTNERS, L.P.
                                           By:  Madison Dearborn Partners, L.P.,
                                                its General Partner
                                           By:  Madison Dearborn Partners, Inc.,
                                                its General Partner

_______________________________________    By:__________________________________
Brian F. Addy                                   Its: __________________________
(for himself and Ad-Venture Capital
Partners L.P.)

                                           FRONTENAC VI, L.P.
                                           By:  Frontenac Company, its
                                                General Partner

_______________________________________    By: _________________________________
John R. Barnicle                                Its: __________________________
(for himself and JRB Partners, L.P.)

                                           BATTERY VENTURES III, L.P.
                                           By:  Battery Partners III, L.P., its
                                                General Partner

_______________________________________    By: _________________________________
Joseph A. Beatty                                Its: __________________________
(for himself and Coventry Court
Partners, L.P.)

                                           FOCAL COMMUNICATIONS
                                           CORPORATION

_______________________________________    By: _________________________________
Robert C. Taylor, Jr.                           Its: __________________________
(for himself and Mistral Partners, L.P.)

                                       3<PAGE>

                                                                     Exhibit 4.3

                                                                  EXECUTION COPY
                              TAG ALONG AGREEMENT

     THIS AGREEMENT, dated August 2, 2000, is by and among (i) Focal
Communications Corporation, a Delaware corporation (the "Company"), (ii) Madison
                                                         -------
Dearborn Capital Partners, L.P., a Delaware limited partnership ("MDCP"),
                                                                  ----
Frontenac VI, L.P., a Delaware limited partnership ("Frontenac"), Battery
                                                     ---------
Ventures III, L.P., a Delaware limited partnership ("BV", and collectively with
                                                     --
MDCP and Frontenac, the "Institutional Stockholders"), and (iii)(A) Robert C.
                         --------------------------
Taylor, Jr. ("Taylor"), Mistral Partners, L.P. ("Taylor FLP", and collectively
              ------                             ----------
with Taylor, the "Taylor Group"), (B) John R. Barnicle ("Barnicle"), JRB
                  ------------                           --------
Partners, L.P. ("Barnicle FLP", and collectively with Barnicle, the "Barnicle
                 ------------                                        --------
Group"), (C) Joseph A. Beatty ("Beatty"), and Coventry Court Partners, L.P.
-----                           ------
("Beatty FLP," and collectively with Beatty, the "Beatty Group."  Taylor, Taylor
  ----------                                      ------------
FLP, Barnicle, Barnicle FLP, Beatty, and Beatty FLP are collectively referred to
as the "Founding Stockholders").  Capitalized terms not otherwise defined in
        ---------------------
this Agreement are used in this Agreement with the meanings assigned to such
terms in the Stockholders Agreement, dated November 27, 1996, by and among the
Company and the stockholders thereof that were a party to such agreement, as
amended (the "Stockholders Agreement").
              ----------------------

                                   RECITALS

     A.  The Institutional Stockholders and the Founding Stockholders have
determined that it is in their respective best interests to establish an
agreement to enable the Founding Stockholders to participate in certain sales of
common stock, par value $.01 per share, of the Company ("Common Stock") by the
                                                         ------------
Institutional Stockholders as provided in this Agreement.

     B.  It is in the Company's best interest to have notice of the
communications among the parties under and to otherwise act as provided in this
Agreement.

     NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows:

     1.  Sale Notice.  If an Institutional Stockholder desires to Transfer
         -----------
shares of Common Stock other then in (a) an underwritten public offering or (b)
a Permitted Transfer, the Institutional Stockholder(s) desiring to make such
Transfer (the "Transferring Institutional Stockholder(s)") shall deliver written
               -----------------------------------------
notice (a "Sale Notice") to the Company, the other Institutional Stockholders,
           -----------
and the Founding Stockholders specifying in reasonable detail the identity of
the prospective transferee(s), the number of shares to be transferred ("Offered
                                                                        -------
Shares"), and the terms and conditions of the Transfer.
------

     2.  Tag Along Rights.  (a) A Founding Stockholder may participate in any
         ----------------
sale that is the subject of a Sale Notice by providing written notice of such
Founding Stockholder's desire to participate in such sale (a "Tag Along Notice")
                                                              ----------------
to the Company and the Institutional Stockholder(s) that provided the Sale
Notice by 5:00 p.m. Chicago time on the tenth day after the date of the Sale
Notice.
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     (b)  If a Founding Stockholder elects to participate in a Transfer under
Section 2(a), the Transferring Institutional Stockholder(s) and such electing
Founding Stockholder(s) shall each be entitled to sell in the contemplated
Transfer, at the same price and on the same terms, a number of shares of Common
Stock equal to the product of (i) the quotient determined by dividing (A) the
number of shares of Common Stock owned by such Person by (B) the number of
shares of Common Stock owned by all Institutional Stockholders and Founding
Stockholders participating in such Transfer (including the Transferring
Institutional Stockholder(s)), and (ii) the number of Offered Shares specified
in the Sale Notice.

     (c)  Each Transferring Institutional Stockholder shall use its best efforts
to obtain the agreement of the prospective transferee(s) to the participation of
the participating Founding Stockholder(s) in any contemplated Transfer, and no
Transferring Institutional Stockholder shall transfer any Offered Shares to any
prospective transferee unless (i) such prospective transferee agrees to the
participation of the participating Founding Stockholder(s) in such Transfer or
(ii) the Transferring Institutional Stockholder purchases from each
participating Founding Stockholder(s) the same number of shares (on the same
date, at the same price, and on the same terms) that such participating Founding
Stockholder(s) would have been entitled to sell had the prospective transferee
so agreed.

     (d)  Each Stockholder transferring shares under this Section 2 shall pay
its ratable share (based on the number of shares of Common Stock to be
transferred by such Stockholder) of the aggregate expense incurred by the
Transferring Institutional Stockholders and the transferring Founding
Stockholders in connection with such transfer and shall be obligated to join
ratably (based on the number of shares of Common Stock to be sold) in any
indemnification or other obligations that the Transferring Institutional
Stockholder agrees to provide in connection with such Transfer (other than any
such obligations that relate specifically to a particular Stockholder, such as
indemnification with respect to representations and warranties given by a
Stockholder regarding such Stockholder's title to and ownership of shares);
provided that no holder shall be obligated in connection with such Transfer to
--------
agree to indemnify or hold harmless the transferee(s) with respect to an amount
in excess of the net cash proceeds paid to such holder in connection with such
Transfer.

     3.   Transferees.  Prior to transferring any Common Stock in a Permitted
          -----------
Transfer to any Person, the Transferring Institutional Stockholder shall cause
the prospective transferee to be bound by this Agreement and to execute and
deliver to the Company and the other Institutional Stockholders and Founding
Stockholders a written counterpart of this Agreement.

     4.   Transfers in Violation of Agreement.  Any Transfer or attempted
          -----------------------------------
Transfer of any Common Stock in violation of this Agreement shall be null and
void, and the Company shall not record such Transfer on its books or treat any
purported transferee of such Common Stock as the owner of such shares for any
purpose.

     5.   Amendment and Waiver.  Except as otherwise provided herein, no
          --------------------
modification, amendment, or waiver of any provision of this Agreement shall be
effective unless such modification, amendment, or waiver is approved in writing
by all of the Institutional Stockholders and all of the Founding Stockholders.
The failure of any party to enforce any of

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the provisions of this Agreement shall not be construed as a waiver of such
provisions and shall not affect the right of such party thereafter to enforce
each and every provision of this Agreement in accordance with its terms.

     6.  Severability.  Whenever possible, each provision of this Agreement
         ------------
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be invalid,
illegal, or unenforceable in any respect under any applicable law or rule in any
jurisdiction, such invalidity, illegality, or unenforceability shall not affect
the validity, legality, or enforceability of any other provision of this
Agreement in such jurisdiction or affect the validity, legality, or
enforceability of any provision in any other jurisdiction, but this Agreement
shall be reformed, construed, and enforced in such jurisdiction as if such
invalid, illegal, or unenforceable provision had never been contained herein.

     7.  Entire Agreement.  This Agreement constitutes the complete agreement
         ----------------
and understanding among the parties with respect to the subject matter hereof
and supersedes and preempts any prior or contemporary understandings,
agreements, or representations by or among the parties, written or oral, which
may have related to the subject matter hereof in any way.

     8.  Successors and Assigns.  This Agreement shall bind and inure to the
         ----------------------
benefit of, and be enforceable by, the Company, the Institutional Stockholders,
the Founding Stockholders, and their respective transferees that receive shares
of Common Stock in a Permitted Transfer, provided that if any of the Taylor
                                         --------
Group, the Barnicle Group, or the Beatty Group, or the transferee of a Founding
Stockholder that receives shares of Common Stock in a Permitted Transfer, holds
fewer than 500,000 shares of Common Stock, the parties that are constituents of
such group, or such transferee, as the case may be, shall automatically be
withdrawn as a party to this Agreement.

     9.  Counterparts.  This Agreement may be executed in multiple counterparts,
         ------------
each of which shall be an original and all of which taken together shall
constitute one and the same agreement.

     10. Remedies.  The parties may enforce their rights under this Agreement
         --------
specifically, to recover damages by reason of any breach of any provision of
this Agreement, and to exercise all other rights existing in their favor.

     11. Notices.  Any notice provided for in this Agreement shall be in
         -------
writing and shall be deemed to have been given when personally delivered or one
business may after being sent by reputable overnight courier service (charges
prepaid) to the address listed on the attached Exhibit A to any subsequent
                                               ---------
holder of Common Stock subject to this Agreement at such address as indicated by
the Company's records, or at such address or to the attention of such other
person as the recipient party has specified by prior written notice to the
sending party.

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     12.  Governing Law.  All issues and questions concerning the construction,
          -------------
validity, interpretation, and enforceability of this Agreement shall be governed
by, and construed in accordance with, the laws of the State of Illinois, without
giving effect to any choice of law or conflict of law rules or provisions
(whether of the State of Illinois or any other jurisdiction) that would cause
the application of the laws of any jurisdiction other than the State of
Illinois.

     13.  Business Days.  If any time period for giving notice or taking action
          -------------
hereunder expires on a day that is a Saturday, Sunday, or holiday on which the
Nasdaq National Market is closed, the time period shall automatically be
extended to the business day immediately following such Saturday, Sunday, or
holiday.

     14.  Descriptive Headings.  The descriptive headings of this Agreement are
          --------------------
inserted for convenience only and do not constitute a part of this Agreement.

            [The remainder of this page intentionally left blank.]

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     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date first above written.

                                        MADISON DEARBORN CAPITAL
                                        PARTNERS L.P.
                                        By Madison Dearborn Partners, L.P., its
______________________________________
John R. Barnicle                        General Partner
                                        By Madison Dearborn Partners, Inc., its
JRB PARTNERS, INC.                      General Partner

By ___________________________________  By __________________________________
   John R. Barnicle, General Partner       Its _______________________________

                                        FRONTENAC VI, L.P.
______________________________________
Joseph A. Beatty                        By Frontenac Company, its General
                                        Partner

COVENTRY COURT PARTNERS, L.P.           By __________________________________
                                           Its _______________________________
By ___________________________________
   Joseph A. Beatty, General Partner

                                        BATTERY VENTURES III, L.P.
______________________________________
Robert C. Taylor, Jr.                   By Battery Partners III, L.P., its
                                        General Partner

MISTRAL PARTNERS, L.P.                  By __________________________________
                                           Its _______________________________
By ___________________________________
   Robert C. Taylor, Jr., General
    Partner

                                        FOCAL COMMUNICATIONS CORPORATION

                                        By: __________________________________
                                            Its _______________________________

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