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<PAGE>
Exhibit 1.1
DEALER MANAGER
AGREEMENT (Registered)
August 11, 2006
CCH II, LLC
CCH II Capital Corp.
CCHC, LLC
12405 Powerscourt Drive
St. Louis, Missouri 63131
Attention: Grier Raclin
Ladies and Gentlemen:
This dealer manager
agreement (this "Agreement") will confirm the
understanding among CCH II, LLC, a Delaware limited liability company
("CCH
II"), CCH II Capital Corp., a Delaware corporation ("CCH II
Capital"), and CCHC,
LLC, a Delaware limited liability company ("CCHC", and together with
CCH II and
CCH II Capital, the "Charter Companies"), Banc of America Securities
LLC ("BAS")
and Citigroup Global Markets Inc. ("Citigroup") (collectively, the
"Dealer
Managers") pursuant to which the Charter Companies have retained BAS and
Citigroup to act as the representatives of the Dealer Managers on the terms and
subject to the conditions set forth herein, in connection with the proposed
offers to exchange up to $450,000,000 aggregate principal amount of the
outstanding 5.875% Convertible Notes due 2009 of Charter Communications, Inc.
("CCI") (the "Outstanding Notes") validly tendered in the
Exchange Offer (as
defined below) and not validly withdrawn for cash (the "Cash
Consideration"),
CCI Class A Common Stock, par value $0.001 (the "Class A Common
Stock") and new
Senior Notes of CCH II and CCH II Capital (the "New CCH II Notes,"
and together
with the Class A Common Stock, the "New Securities"; the New
Securities and the
Cash Consideration are collectively referred to as the "Exchange Offer
Consideration") to be issued pursuant to the terms of an indenture (the
"CCH II
Indenture") dated as of September 23, 2003, among CCH II and CCH II
Capital, as
issuers, and Wells Fargo Bank, National Association, as trustee (the "CCH
II
Trustee").
The offer to exchange
listed above (hereinafter referred to as the
"Exchange Offer") will be made on the terms and subject to the
conditions set
forth in the Prospectus, attached hereto as Exhibit A, and the Letter of
Transmittal (the "Letter of Transmittal"), attached hereto as Exhibit
B. The
date on which the New Securities are issued pursuant to the Exchange Offer
shall
be referred to herein as the "Exchange Date." This agreement between
the Charter
Companies and the Dealer Managers as set forth herein shall hereinafter be
referred to as the "Agreement," and all references to
"Holders" of Outstanding
Notes refer to holders of the Outstanding Notes who have validly tendered and
not validly withdrawn their Outstanding Notes in the Exchange Offer.
E-1
<PAGE>
This Agreement, the New CCH
II Notes (and any guarantee endorsed
thereon), the CCH II Indenture and the Class A Common Stock shall be referred
to
collectively as the "Transaction Documents."
SECTION 1. Engagement.
Subject to the terms and conditions set
forth herein:
(a) The Charter Companies
hereby retain the Dealer Managers, and
subject to the terms and conditions
hereof, the Dealer Managers agree to
act, as the exclusive Dealer Managers
to the Charter Companies in connection
with the Exchange Offer until the
date on which the Exchange Offer expires
or is earlier terminated in
accordance with its terms. The Dealer Managers
will advise the Charter Companies
with respect to the terms and timing of
the Exchange Offer. The Dealer
Managers agree that they will not furnish
written information other than the
Offering Documents (defined below) to the
Holders in connection with the
Exchange Offer without the prior written
consent of the Charter Companies. The
Charter Companies authorize the Dealer
Managers, in accordance with their
customary practices and consistent with
industry practice, to communicate
generally regarding the Exchange Offer
with the Holders and their authorized
agents in connection with the Exchange
Offer.
(b) The Charter Companies
acknowledge that the Dealer Managers
have been retained solely to provide
the services set forth in this
Agreement. In rendering such
services, the Dealer Managers shall act as
independent contractors, and any
duties of the Dealer Managers arising out
of their engagement hereunder shall
be owed solely to the Charter Companies.
The Charter Companies also
acknowledge that, except as provided in Sections
1(a) and 1(d) hereof, (i) the Dealer
Managers shall not be deemed to act as
agents of the Charter Companies or
any of their affiliates (except that in
any jurisdiction in which the
Exchange Offer is required to be made by a
registered licensed broker or dealer,
it shall be deemed made by the Dealer
Managers on behalf of the Charter Companies),
and neither the Charter
Companies nor any of their affiliates
shall be deemed to act as the agent of
the Dealer Managers and (ii) no
securities broker, dealer, bank, trust
company or nominee shall be deemed to
act as the agent of the Dealer
Managers or as the agent of the
Charter Companies or any of their
affiliates, and the Dealer Managers
shall not be deemed to act as the agent
of any securities broker, dealer,
bank, trust company or nominee. The Dealer
Managers shall not have any liability
in tort, contract or otherwise to the
Charter Companies or to any of the
Charter Companies' affiliates for any act
or omission on the part of any
securities broker, dealer, bank, trust
company or nominee except to the extent
that such liability is finally
judicially determined by a court of
competent jurisdiction to have resulted
from the gross negligence, bad faith,
knowing violation of law or the
willful misconduct of the Dealer
Managers, respectively.
(c) The Charter Companies acknowledge
that each of the Dealer
Managers and their affiliates are
engaged in a broad range of securities
activities and financial services. In
the ordinary course of the Dealer
Managers' business, the Dealer
Managers or their affiliates (i) may at any
time hold long or short positions,
and may trade or otherwise effect
transactions, for the Dealer
Managers' own accounts or the accounts of
customers, in debt or equity
securities of the Charter Companies, their
affiliates or any other company that
may be involved in the transactions
contemplated hereby and (ii) may at
<PAGE>
any time be providing or arranging
financing and other financial services to
companies that may be involved in a
competing transaction. Each of the
Charter Companies acknowledges and
agrees that in connection with all
aspects of each transaction
contemplated by this Agreement, the Charter
Companies and the Dealer Managers,
have an arm's-length business
relationship that creates no
fiduciary duty on the part of the Dealer
Managers, and each expressly
disclaims any fiduciary relationship.
(d) The Dealer Managers
agree, in accordance with their customary
practice and consistent with industry
practice for investment banking
concerns of national standing and in
accordance with the terms of the
Exchange Offer, to perform those
services in connection with the Exchange
Offer as are customarily performed by
dealer managers and solicitation
agents in connection with similar
transactions of a like nature, including,
without limitation, using all
reasonable efforts to solicit the Holders of
Outstanding Notes sought to be
exchanged by the Charter Companies pursuant
to the Exchange Offer, communicating
generally regarding the Exchange Offer
with securities brokers, dealers,
banks, trust companies and nominees and
other Holders, and participating in
meetings with, furnishing information
to, and assisting the Charter
Companies in negotiating with Holders.
(e) The Charter Companies
shall arrange for Global Bondholder
Services Corporation to act as
exchange agent (the "Exchange
Agent")
in connection with the Exchange Offer
and, as such, to advise the Dealer
Managers at least daily as to such
matters relating to the Exchange Offer
as the Dealer Managers may request.
The Charter Companies shall request The
Depository Trust Company
("DTC") to provide the Dealer Managers with copies
of the records or other lists showing
the names and addresses of, and
principal amounts of Outstanding
Notes held by, the holders of such
Outstanding Notes as of a recent date
and shall, from and after such date,
request DTC to advise the Dealer
Managers from day to day during the
pendency of the Exchange Offer of all
transfers of such Outstanding Notes,
such notification consisting of the
names and addresses of the transferor
and transferee of any Outstanding Notes
and the date of such transfer. The
Charter Companies will arrange for
Global Bondholder Services Corporation
to act as information agent and
depositary (the "Information Agent") in
connection with the Exchange Offer
and shall direct the Information Agent
to advise the Dealer Managers at
least daily as to such matters relating to
the Exchange Offer as the Dealer
Managers may reasonably request. In
addition, the Charter Companies
hereby authorize the Dealer Managers to
communicate with the Information
Agent with respect to matters relating to
the Exchange Offer.
(f) The Charter Companies
shall request the trustee or registrar
for the Outstanding Notes to furnish
the Dealer Managers, as soon as
practicable, with cards or lists or
copies thereof showing the names of
persons who were the Holders of
record of Outstanding Notes as of the date
or dates specified by the Dealer
Managers and the beneficial Holders of the
Outstanding Notes as of such date or
dates, together with their addresses
and the principal amount of
Outstanding Notes beneficially held by them. In
addition, the Charter Companies shall
update such information from time to
time during the term of this
Agreement as reasonably requested by the Dealer
Managers, but only to the extent such
information is reasonably available to
the Charter Companies within the time
constraints
<PAGE>
specified. The Dealer Managers agree
to use such information only in
connection with the Exchange Offer
and not to furnish such information to
any persons except in connection with
the Exchange Offer and in accordance
with Section 9 hereof.
(g) The Charter Companies
have prepared and filed with the
Securities and Exchange Commission
(the "SEC"), under the Securities Act of
1933, as amended, and the rules and
regulations of the Commission
promulgated thereunder (collectively,
the "Act"), a registration statement
on Form S-4 (Reg. No. [- ]), including
the Prospectus, covering the
registration of the New Securities.
The term "Registration Statement," as
used in this Agreement, shall mean
such registration statement, including
the exhibits thereto and any
documents incorporated by reference therein, in
the form in which it becomes
effective and, in the event of any amendment or
supplement thereto after the
effective date of such registration statement,
shall also mean such registration
statement as so amended or supplemented.
The final prospectus included in the
Registration Statement (including any
documents incorporated in the
Prospectus by reference) is herein called the
"Prospectus," except that
if the final prospectus furnished to the Dealer
Managers for use in connection with
the Exchange Offer differs from the
prospectus set forth in the
Registration Statement (whether or not such
prospectus is required to be filed
pursuant to Rule 424(b)), the term
"Prospectus" shall refer to
the final prospectus furnished to the Dealer
Managers for such use. The terms
"supplement" and "amendment" or
"supplemented" and
"amended" as used herein with respect to the Prospectus
shall include all documents deemed to
be incorporated by reference in the
Prospectus that are filed subsequent
to the date thereof and prior to the
termination of the Exchange Offer by
the Charter Companies with the SEC
pursuant to the Securities Exchange
Act of 1934, as amended, and the rules
and regulations of the SEC
promulgated thereunder (the "Exchange Act").
(h) The Charter Companies
have prepared and filed, or agree that
prior to or on the date of
commencement of the Exchange Offer (the
"Commencement Date") they
will file, with the SEC under the Exchange Act a
Tender Offer Statement on Schedule TO
with respect to the Exchange Offer,
including the required exhibits
thereto and any documents incorporated by
reference therein. The term
"Schedule TO" as used in this Agreement shall
mean such Tender Offer Statement on
Schedule TO, including any amendment or
supplement thereto.
(i) The Registration
Statement, the Prospectus, the Schedule TO,
the related letters from the Charter
Companies to securities brokers,
dealers, commercial banks, trust
companies and other nominees, letters for
use by brokers to clients holding
Outstanding Notes, letters to beneficial
owners of Outstanding Notes, the
Letter of Transmittal and any newspaper
announcements, press releases and
other offering materials, including any
written communication filed with the
SEC pursuant to Rule 425 under the Act,
and information the Charter Companies
may use, publicly disseminate or
authorize for use in connection with
the Exchange Offer (as they may be
amended or supplemented and including
any documents incorporated by
reference therein) are herein
collectively referred to as the "Offering
Documents."
(j) The Offering Documents
have been or will be prepared and
approved by, and are the sole
responsibility of, the Charter Companies. The
Charter Companies shall,
<PAGE>
to the extent permitted by law, use
commercially reasonable efforts to
disseminate the Offering Documents to
each registered holder of any
Outstanding Notes, on or as soon as
practicable after the Commencement Date,
pursuant to Rule 13e-4 so as to
fulfill all requirements thereof as to the
commencement of the Exchange Offer
not later than the date hereof, under the
Exchange Act and comply in all
material respects with their obligations
thereunder. Thereafter, to the extent
practicable until the date three days
prior to the expiration date of the
Exchange Offer (the "Expiration Date"),
the Charter Companies shall use their
reasonable best efforts to cause
copies of such Offering Documents and
a return envelope to be mailed to each
person who becomes a holder of record
of any Outstanding Notes prior to such
date. The Charter Companies
acknowledge and agree that Dealer Managers may
use the Offering Documents as
specified herein without assuming any
responsibility on their part for
independent verification of any information
therein and the Charter Companies represent
and warrant to each Dealer
Manager that such Dealer Manager may
rely on the accuracy and completeness
of all of the Offering Documents and
any other information delivered to such
Dealer Manager by or on behalf of the
Charter Companies in connection with
the Exchange Offer without assuming
any responsibility for independent
verification of such information or
without performing or receiving any
appraisal and evaluation of the
assets or liabilities of the Charter
Companies. The Dealer Managers agree
that they will not, without the consent
of the Charter Companies, disseminate
any materials for or in connection
with the solicitation of the holders
of Outstanding Notes other than the
Offering Documents.
(k) The Charter Companies agree to provide
Dealer Managers with as
many copies as they may reasonably
request of the Offering Documents. The
Charter Companies agree that within a
reasonable time prior to using or
filing with any federal, state or
other governmental or regulatory agency or
instrumentality (an "Other
Agency"), including the National Association of
Securities Dealers Inc. (the
"NASD"), of any Offering Documents, they will
submit copies of such materials to
the Dealer Managers and their counsel and
will give reasonable consideration to
the Dealer Managers' and their
counsel's comments, if any, thereon.
The Charter Companies agree that prior
to the termination of the Exchange
Offer, before amending or supplementing
the Registration Statement, or the
Prospectus, it will furnish copies of
drafts to, and consult with, the
Dealer Managers and their counsel within a
reasonable time in advance of filing
with the SEC of any amendment or
supplement to the Registration
Statement, the Prospectus or the other
Offering Documents. The Charter
Companies shall not file any such amendment
or supplement to which the Dealer
Managers, after consultation with counsel,
shall reasonably object.
(l) The Charter Companies authorize the
Dealer Managers to use the
Offering Documents in connection with
the Exchange Offer and for such period
of time as any such materials are
required by law to be delivered in
connection therewith. The Dealer
Managers shall not have any obligation to
cause any Offering Documents to be
transmitted generally to the holders of
Outstanding Notes.
(m) The Charter Companies
agree to advise the Dealer Managers
promptly of (i) the occurrence of any
event which, in the reasonable
judgment of the Charter Companies or
their counsel, could cause or require
the Charter Companies to withdraw,
rescind or modify the Offering Documents
or to withdraw, rescind
<PAGE>
or terminate the Exchange Offer or
would permit the Charter Companies to
exercise any right not to exchange
Outstanding Notes for the Exchange Offer
Consideration pursuant to the
Exchange Offer, (ii) their awareness of the
issuance by any regulatory authority
of any comment or order or the taking
by any regulatory authority of any
other action concerning the Exchange
Offer (and, if in writing, will
furnish the Dealer Managers with a copy of
any such comment or order), (iii)
their awareness of any material adverse
developments in connection with the
Exchange Offer and (iv) any other
information relating to the Exchange
Offer, the Offering Documents or this
Agreement which the Dealer Managers
may from time to time reasonably
request. In addition, if any event
occurs as a result of which any Offering
Documents will include an untrue
statement of a material fact or omit to
state a material fact necessary in
order to make the statements therein, in
the light of the circumstances at the
time such material is delivered or is
to be delivered to a Holder, not
misleading, the Charter Companies shall,
promptly upon becoming aware of any
such event, advise the Dealer Managers
of such event and, as promptly as
practicable under the circumstances,
prepare and furnish copies of such
amendments or supplements of any such
Offering Documents to the Dealer
Managers, so that the statements in such
Offering Documents, will not contain
any untrue statement of a material fact
or omit to state a material fact
necessary in order to make the statements
therein at the time such material is
delivered or is to be delivered to a
Holder, not misleading, and the
Dealer Managers agree not to use the
Offering Documents, in such case,
until the Offering Documents are
supplemented or amended.
(n) Except as otherwise
required by law or regulation, the Charter
Companies will not use or publish any
material in connection with the
Exchange Offer, other than the
Offering Documents, or refer to the Dealer
Managers in any such material,
without the prior approval of the Dealer
Managers (which shall not be
unreasonably delayed or withheld). The Charter
Companies, upon receiving such approval,
will promptly furnish the Dealer
Managers with as many copies of such
approved materials as the Dealer
Managers may reasonably request. The
Dealer Managers agree that they will
not make any statements in connection
with the Exchange Offer other than the
statements that are set forth in, or
derived from and consistent with, the
Offering Documents without the prior
written consent of the Charter
Companies.
(o) The Charter Companies
agree to exchange, in accordance with
the terms of the Offering Documents,
Exchange Offer Consideration to the
Holders entitled thereto, subject to
the right of the Charter Companies to
withdraw or amend the Exchange Offer
as stated in the Offering Documents.
The Charter Companies agree not to
exchange any Outstanding Notes during the
term of the Exchange Offer except
pursuant to and in accordance with the
Exchange Offer or as otherwise agreed
in writing by the parties hereto and
permitted under applicable laws and
regulations.
SECTION 2. Compensation and Expenses.
(a) In consideration of
services provided hereunder, the Charter
Companies shall pay the Dealer Managers the fees calculated and payable as set
forth in Schedule I.
<PAGE>
(b) Whether or not any Outstanding
Notes are exchanged pursuant to
the Exchange Offer, the Charter
Companies shall pay all reasonable expenses
incurred in connection with the
preparation, printing, mailing and
publishing of the Offering Documents,
and all amounts payable to securities
dealers (including the Dealer
Managers), brokers, banks, trust companies and
nominees as reimbursements of their
customary mailing and handling expenses
incurred in forwarding the Offering
Documents to their customers and all
other expenses of the Charter
Companies in connection with the Exchange
Offer and shall reimburse the Dealer
Managers for the reasonable fees and
expenses of their legal counsel
(subject to an aggregate cap on such fee
reimbursement hereunder and under
that certain Dealer Manager Agreement
dated the date hereof among CCH I,
LLC, CCH I Capital Corp., CCH II, CCH II
Capital, Charter Communications
Holdings, LLC and the Dealer Managers of
$600,000). It is understood, however,
that, except as provided in Section 8
hereof and in the preceding sentence,
the Dealer Managers will pay all their
own costs and expenses incurred by
the Dealer Managers in connection with
their services as Dealer Managers
under this Agreement.
SECTION 3. Termination;
Withdrawal.
(a) Subject to Section 10
hereof, this Agreement may be terminated
by the Charter Companies, at any time
upon notice to the Dealer Managers, if
(i) at any time prior to the Exchange
Date, the Exchange Offer is terminated
or withdrawn by the Charter Companies
for any reason or (ii) the Dealer
Managers do not comply in all
material respects with any material covenant
specified in Section 1.
(b) Subject to Section 10 hereof, this
Agreement may be terminated
by the Dealer Managers, at any time
upon notice to the Charter Companies, if
(i) at any time prior to the Exchange
Date, the Exchange Offer is terminated
or withdrawn by the Charter Companies
for any reason, (ii) the Charter
Companies do not comply in all
material respects with any covenant specified
in Section 1 hereof or (iii) the
Charter Companies shall file with the SEC,
publish, send or otherwise distribute
any amendment or supplement to the
Offering Documents to which the
Dealer Managers shall reasonably object or
which shall be reasonably disapproved
by counsel to the Dealer Managers.
(c) Notwithstanding the
foregoing, if this Agreement is terminated
pursuant to Section 3(a)(i) only, at
any time prior to the consummation of
the transactions described in the
Registration Statement, the Dealer
Managers will be entitled to their
full fees described above in the event
that the Charter Companies
consummate, at any time prior to the date that is
30 days after the date of such
termination, an offer or offers in a form
similar to the Exchange Offer and
involving the issuance of securities
similar to those being issued by the
Charter Companies in connection
therewith, in a transaction or series
of transactions in which the Dealer
Managers did not act as dealer
managers to the Charter Companies or its
affiliates.
SECTION 4. Representations and
Warranties by the Charter
Companies. The Charter Companies represent and warrant to the Dealer Managers,
as of the date hereof, and as of the Exchange Date, that:
(a) The Registration
Statement, including the Prospectus, has been
prepared by the Charter Companies in
conformity in all material respects
with the requirements of
<PAGE>
the Act and has been filed with the
SEC as of the Commencement Date. Such
amendments to such Registration
Statement and Prospectus will have been
similarly prepared and filed with the
SEC; and the Charter Companies will
file such additional amendments to
such Registration Statement and
Prospectus as may hereafter be
required. Copies of such Registration
Statement and Prospectus, including
all amendments thereto and all documents
incorporated by reference therein,
have been or, if filed after the
Commencement Date, will be, delivered
or made available to the Dealer
Managers and their counsel. No stop
order refusing or suspending the
effectiveness of the Registration
Statement or preventing or suspending the
use of any Prospectus is in effect,
and no proceedings for such purpose have
been instituted or are pending before
or, to the best knowledge of the
Charter Companies, are threatened by
the SEC. The Exchange Offer satisfies
the conditions for use of Form-S-4.
(b) The Schedule TO has
been prepared by the Charter Companies in
conformity in all material respects
with the requirements of the Exchange
Act and has been or will, upon
commencement of the Exchange Offer, be filed
with the SEC; and the Charter
Companies will file such amendments to such
Schedule TO as may hereafter be
required. Copies of such Schedule TO,
including all amendments thereto and
all documents incorporated by reference
therein have been or, if filed after
the Commencement Date, will be,
delivered or made available to the
Dealer Managers and their counsel.
(c) (i) The Offering
Documents, including the Registration
Statement, the Prospectus and the
Schedule TO, comply and, as amended or
supplemented, if applicable, will
comply, in all material respects, with the
Act, the Exchange Act and the Trust
Indenture Act of 1939, as amended, and
the applicable rules and regulations
of the SEC thereunder (the "Trust
Indenture Act"); and the
documents incorporated by reference into each of
the Offering Documents (collectively,
the "Incorporated Documents") complied
as of the date of filing with the SEC, in all
material respects with all
applicable requirements of the Act
and the Exchange Act; (ii) the
Registration Statement, when it
becomes effective, will not contain and as
amended or supplemented thereafter,
if applicable, will not contain, any
untrue statement of a material fact
or omit to state a material fact
required to be stated therein or
necessary to make the statements therein
not misleading; (iii) none of the
Prospectus or the other Offering Documents
(including the Incorporated
Documents) at the Commencement Date and at all
times at or prior to the Exchange
Date contains, and, as amended or
supplemented, if applicable, will
contain, any untrue statement of a
material fact or omit to state a
material fact necessary to make the
statements therein, in the light of
the circumstances under which they were
made, not misleading; except that the
representations and warranties set
forth in this paragraph 4(c) do not
apply to (A) statements or omissions in
the Offering Documents, including the
Registration Statement or the
Prospectus, or, in each case, any
amendment or supplement thereto, based
upon information relating to the
Dealer Managers furnished to the Charter
Companies in writing by the Dealer
Managers expressly for use therein or (B)
information which shall constitute
the Statement of Eligibility under the
Trust Indenture Act (Form T-1) of the
Trustee under the Indenture; and (iv)
there are no agreements, leases, contracts or
other documents required to be
described in the Prospectus or
Schedule TO or to be filed as exhibits to the
Registration Statement or Schedule TO
which have not been so described or
filed.
<PAGE>
(d) The documents
incorporated or deemed to be incorporated by
reference in the Prospectus, at the
time they were or hereafter are filed
with the SEC, complied and will
comply in all material respects with the
requirements of the Exchange Act,
and, when read together with the other
information in the Prospectus, as the
case may be, at the time the
Registration Statement and any
amendments thereto become effective and at
the Commencement Date and the
Exchange Date, as the case may be, will not
contain an untrue statement of a
material fact or omit to state a material
fact required to be stated therein or
necessary to make the fact required to
be stated therein or necessary to
make the statements therein, in the light
of the circumstances under which they
were made, not misleading.
(e) The Charter Companies
have not distributed and will not
distribute, prior to the later of the
Exchange Date and the completion of
the distribution of cash and the New
Securities in exchange for the
Outstanding Notes pursuant to the
Exchange Offer, any offering material in
connection with the Exchange Offer
other than the Offering Documents.
(f) Each of the Charter
Companies has been duly formed and is
validly existing as a limited
liability company or corporation, as the case
may be, under the laws of the State
of Delaware and each of the Charter






