SECOND MODIFICATION OF NOTESecond Modification of Note • November 12th, 2010 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone)
THIS SECOND MODIFICATION OF NOTE (hereinafter referred to as the “Second Modification”) is executed this 10th day of November, 2010, but effective as of March 17, 2010, by and between: (i) LIGHTYEAR NETWORK SOLUTIONS, LLC, a Kentucky limited liability company, having an address of 1901 Eastpoint Parkway, Louisville, Jefferson County, Kentucky 40223 (hereinafter referred to as “Borrower”); (ii) FIRST SAVINGS BANK, F.S.B., 501 East Lewis and Clark Parkway, Clarksville, Clark County, Indiana 47129 (hereinafter referred to as “Lender”); and (iii) J. SHERMAN HENDERSON, III, and RONALD L. CARMICLE (hereinafter referred to as “Guarantors”).
FORBEARANCE AGREEMENTForbearance Agreement • November 12th, 2010 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone) • Kentucky
This Forbearance Agreement (this “Agreement”) is made and entered into this 11th day of November, 2010, by and among LY Holdings, LLC, a Kentucky limited liability company (the “Borrower”) and Lightyear Network Solutions, Inc. (f/n/a Libra Alliance Corporation) (the “Lender“).
LIGHTYEAR NETWORK SOLUTIONS, INC. Restricted Stock Award AgreementRestricted Stock Award Agreement • November 12th, 2010 • Lightyear Network Solutions, Inc. • Telephone communications (no radiotelephone)
Lightyear Network Solutions, Inc. ("LYNS") grants as of _________ __, 20__ (the "Grant Date") to ______________________________________ (the "Director" or "you") the number of shares set forth below of the common stock of LYNS under the Lightyear Network Solutions, Inc. 2010 Stock and Incentive Compensation Plan (the "Plan"). A copy of the Plan is attached, and any capitalized terms used but not defined in this Agreement shall have the meaning given them in the Plan.
