0001169232-08-003732 Sample Contracts

FOURTH SUPPLEMENT TO THE MASTER LOAN AGREEMENT
Master Loan Agreement • October 23rd, 2008 • Shenandoah Telecommunications Co/Va/ • Telephone communications (no radiotelephone)

THIS FOURTH SUPPLEMENT TO THE MASTER LOAN AGREEMENT (this “Fourth Supplement”), entered into as of October 22, 2008, is between COBANK, ACB (“CoBank”) and SHENANDOAH TELECOMMUNICATIONS COMPANY (the “Borrower”), and supplements that certain Second Amended and Restated Master Loan Agreement, dated as of November 30, 2004, between CoBank and the Borrower (as amended, modified, supplemented, extended or restated from time to time, the “MLA”). Capitalized terms used and not otherwise defined in this Fourth Supplement have the meanings assigned to them in the MLA.

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AGREEMENT REGARDING AMENDMENTS TO AND CONSENTS REGARDING LOAN DOCUMENTS
Amendment Agreement • October 23rd, 2008 • Shenandoah Telecommunications Co/Va/ • Telephone communications (no radiotelephone) • Virginia

This AGREEMENT REGARDING AMENDMENTS TO AND CONSENTS REGARDING LOAN DOCUMENTS (this “Amendment Agreement”), dated as of October 22, 2008, is between SHENANDOAH TELECOMMUNICATIONS COMPANY (the “Borrower”) and COBANK, ACB (“CoBank”).

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