Exhibit 10.3 AMENDMENT TO THE CENTURY TELEPHONE ENTERPRISES, INC. DOLLARS AND SENSE PLAN AND TRUST STATE OF LOUISIANA PARISH OF OUACHITA BE IT KNOWN, that on this 15th day of July, 1996, before me, a Notary Public, duly commissioned and qualified in and for the Parish of Ouachita, State of Louisiana, therein residing and in the presence of the undersigned witnesses: PERSONALLY CAME AND APPEARED: CENTURY TELEPHONE ENTERPRISES, INC., represented herein by its Senior Vice President and Chief Financial Officer, R. Stewart Ewing, Jr., as Settlor and Employer, which hereby executes the following amendment to the Century Telephone Enterprises, Inc. Dollars and Sense Plan and Trust, such amendment to be effective for the first pay period beginning on or about July 1, 1996: Delete the first paragraph of Section 1.31 in its entirety and insert the following in lieu thereof: "'Pay.' The Taxable Income paid to an Eligible Employee by an Employer while a Participant during the current period. Notwithstanding the foregoing,Compensation for purposes of this Section shall not include: (i) reimbursements or other expense allowances, fringe benefits (cash or noncash), moving expenses, deferred compensation, and welfare benefits; (ii) overtime; (iii) completion bonuses and Christmas bonuses; and (iv) restricted stock awards under the Restricted Stock Plan or the Key Employee Incentive Compensation Plan." THUS DONE AND SIGNED on the day first above shown, in the presence of the undersigned competent witnesses, who hereunto sign their names with the said appearer and me, Notary, after reading of the whole. WITNESSES: CENTURY TELEPHONE ENTERPRISES, INC. /s/ Sandra B. Post BY: /s/ R. Stewart Ewing, Jr. ____________________ __________________________ R. Stewart Ewing, Jr., Senior Vice President and Chief Financial Officer /s/ Marta L. Cole ____________________ /s/ Kathy Tettleton _____________________ NOTARY PUBLIC ACCEPTANCE OF AMENDMENT BY TRUSTEE STATE OF COUNTY OF On this _________ day of ____________________, 1996, BEFORE ME, a Notary Public, and in the presence of the undersigned competent witnesses, personally came and appeared: BZW BARCLAYS GLOBAL INVESTORS, N.A. which declared that it is appearing herein for the purpose of accepting and it does hereby accept the Amendment to the Century Telephone Enterprises, Inc. Dollars and Sense Plan and Trust adopted by the Settlor on the ______ day of , 1996. THUS DONE AND SIGNED at , , on the date first above written. WITNESSES: BZW BARCLAYS GLOBAL INVESTORS,N.A. __________________________ BY:______________________________ Typed Name: _____________________ __________________________ Title: __________________________ _______________________ NOTARY PUBLIC