FairPoint Communications 2005 Annual Report Download - page 184

(d) Waive, release, grant, or transfer any rights of value, other than in the ordinary course of its business consistent with the past practice;
(e) Change any of the accounting principles or practices used by it, except for any change required by reason of a concurrent change in GAAP
and notice of which is given in writing to Buyer;
(f) Enter into any agreement providing for the acceleration of payment or performance or other consequence as a result of the change of control
of SICC;
(g) Award or pay any bonuses to officers, directors or employees in excess of awards or bonuses historically paid; or
(h) Take any action or fail to take any action that would make any of the representations or warranties of SICC contained in this Agreement
untrue or inaccurate at any time from the date of this Agreement or would result in any of the conditions set forth in this Agreement not being satisfied.
6.7 Interim Information. (a) SICC shall supply Buyer with a copy of its internal unaudited monthly financial statements within twenty-
five (25) days after the end of each month, commencing with the month of signing of this Agreement, and shall provide Buyer with SICC’s consolidated
audited financial statements that include all entities except for RSA 6 & 7 as of and for the period ended December 31, 2005 by March 15, 2006, and SICC’s
consolidated audited financial statements that include all entities as of and for the period ended December 31, 2005 within a reasonable time after the financial
information from RSA 6 & 7 is available to SICC and its auditors.
(b) SICC shall, and shall cause each of its Affiliates to, (i) give Buyer and its employees, agents and representatives reasonable access during
all reasonable times to the books and records, facilities and assets of SICC and the Cellular Entities or used in their business, (ii) provide such financial and
operating data and other information as Buyer may reasonably request and (iii) make available, at and for reasonable locations and times, each of the officers,
employees, agents and representatives of SICC and its Affiliates in order to facilitate transfer and transitional matters.
6.8 Compensation. Except as disclosed on Schedule 6.8, SICC and its Subsidiaries shall not increase the compensation (in whatever form) or
the benefits payable or to become payable to any officer, director, consultant, or employee, except for increases in salaries for employees for the year 2006
consistent with past practice and in amounts (individually and in the aggregate) not be more than the standard, customary increases given to such employees
in years prior to 2006.
6.9 Consents and Authorizations . Buyer and SICC shall, within ten (10) days after the execution of this Agreement, complete the filing of the
application to obtain FCC approval and any required ICC approval of the transactions contemplated hereby. Buyer and SICC shall diligently pursue and use
reasonable efforts to obtain such consents, waivers and authorizations as promptly as practicable after the date hereof, each at its own cost and expense.
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