FairPoint Communications 2002 Annual Report Download - page 316

ANNEX VII
page 2
11. C-R Communications, Inc. owns a 5.20833% membership interest in
Illinet Communications of Central Illinois, L.L.C., an Illinois
limited liability company, engaged in the operation of cable
television properties.
12. C-R Long Distance, Inc. owns one share of stock in Associated Network
Partners, Inc. ("ANPI"), an Illinois corporation that was formed by a
group of Illinois independent telephone companies to act as a buyers
club for interexchange telephone capacity so that the participating
LECs or their affiliates could pool their minutes in order to get
volume discounts.
13. Taconic Telephone Corp. owns a 7.5% limited partnership interest in
the Orange County -Poughkeepsie Limited Partnership.
ANNEX VIII
AFFILIATE TRANSACTIONS
A. FairPoint Communications, Inc. has Management Services Agreements with each
of its mid-tier subsidiaries, ST Enterprises, Ltd., MJD Ventures, Inc., MJD
Services Corp. and FairPoint Broadband, Inc. (the "Mid-Tier Subsidiaries").
B. ST Enterprises, Ltd. has Management Services Agreements with MJD Ventures,
Inc., MJD Services Corp. and FairPoint Broadband, Inc.
C. Each Mid-Tier Subsidiary has entered into Management Services Agreements
with each of its respective operating subsidiaries.
D. Warrants as described on Annex III.
E. Travel advances in the ordinary course of business.
F. Stockholders' Agreement, dated as of January 20, 2000 between FairPoint
Communications, Inc. and its stockholders.
G. Registration Rights Agreement, dated as of January 20, 2000 between
FairPoint Communications, Inc. and its stockholders.
H. In January 2000, 65,540 shares of our common stock were purchased by 21
employees for an aggregate purchase price of $859,655.
I. Jack H. Thomas Succession Agreement, dated as of December 31, 2001.
ANNEX IX
EXISTING LETTERS OF CREDIT
BENEFICIARY MATURITIES AMOUNT
----------- ---------- ------
Royal Indemnity Company June 30, 2004 $ 655,000.00