FairPoint Communications 2004 Annual Report Download - page 494

Exhibit 14.2
FairPoint Communications, Inc.
Code of Ethics for Financial Professionals
Employees are FairPoint Communications, Inc.’s most important asset. Accordingly, FairPoint expects all its and its subsidiaries’ employees to act
with the highest standards of personal and professional honesty and integrity in all aspects of their activities, to comply with applicable laws, rules and
regulations, to deter wrongdoing and to comply with all policies and procedures adopted by FairPoint that govern the conduct of its employees.
In response to rules adopted by the United States Securities and Exchange Commission under Section 406 of the Sarbanes-Oxley Act of 2002,
FairPoint has adopted this Code of Ethics for Financial Professionals. This Code sets forth written standards that are designed to deter wrongdoing and to
promote honest and ethical conduct by FairPoint’s senior financial officers, including its chief executive officer, and is a supplement to FairPoint’s Code of
Conduct and the other policies and procedures that govern the conduct of employees of FairPoint and its subsidiaries. In addition to applying to FairPoint’s
chief executive officer, chief financial officer, vice president of finance and treasurer, controller and regional controllers, this Code of Ethics for Financial
Professionals shall apply to all of the other persons employed by FairPoint or its subsidiaries who have significant responsibility for preparing or overseeing
the preparation of FairPoint’s financial statements and the other financial data included in FairPoint’s periodic reports to the Securities and Exchange
Commission and in other public communications made by FairPoint that are designated from time to time by the chief financial officer as senior financial
professionals.
As a senior financial professional employed by FairPoint or one of its subsidiaries, I agree to use my best efforts and abilities at all times to:
1. Act with honesty and integrity and promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest
in my personal and professional relationships, and promote honest and ethical conduct among my colleagues by setting an example of such for
them through my own conduct.
2. Protect the confidentiality of information I obtain in the course of my work, except when I am authorized or otherwise legally obligated to
disclose such information, and not use any confidential information for personal advantage.