Document:

Special Compensation and Non-Compete Agreement

 Exhibit 10.6 
 Special Compensation and Non-Compete Agreement 
 THIS AGREEMENT is entered into as of the 12th day of August, 1996
(the “Effective Date”), by and between SPRINT CORPORATION, a Kansas corporation (“Sprint,” and it, together with its Subsidiaries, the “Employer”), and William R. Blessing (“Employee”). 
 Recitals
  

	 	1.	Employer is engaged in the telecommunications and related businesses. This is a worldwide business that may be conducted from sites and serve customers throughout the world.

  

	 	2.	By virtue of his work for Employer, Employee has gained and will continue to gain additional valuable Proprietary Information of Employer. 

  

	 	3.	Employer desires to enter into this Agreement to provide severance and other benefits for Employee in exchange for Employee’s agreement to maintain the confidentiality of
certain information and to refrain from competing with Employer during and after termination of his employment with Employer. 

 Capitalized terms are defined in Section 6 of, or parenthetically throughout, this Agreement. 
 NOW, THEREFORE, in
consideration of the premises and of the mutual promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the parties, the parties hereby agree as follows: 
 1. Employment At Will 
 Employee’s employment may be terminated by
either party for any reason. Employee shall provide Employer with written notice of his intent to terminate at least 30 days before the effective date of the termination. Except in the event of Termination for Cause, Employer shall provide Employee
with written notice of its intent to terminate Employee’s employment at least 30 days before the effective date of the termination. 
 2.
Employee’s Covenants 
 (a) Exclusivity of Services 
 Employee shall, during his employment with Employer, owe an undivided duty of loyalty to Employer and agrees to devote his entire business time and attention to the performance of those duties and responsibilities and
to use his best efforts to promote and develop the business of Employer. Employee shall adhere to the conflicts of interest provisions set forth in Section 7 of the Sprint Code of Ethics (or any successor provision, which is incorporated by
this reference) as in effect as of the date of this Agreement and as may be amended from time to time hereafter. The determination of the Committee as to the Employee’s compliance with this provision shall be final. 
 (b) Proprietary Information 
 Employee acknowledges that during
the course of his employment he has learned or will learn or develop Proprietary Information. Employee further acknowledges that unauthorized disclosure or use of such Information, other than in discharge of Employee’s duties, will cause
Employer irreparable harm. 
 Except in the course of his employment with Employer under this Agreement, in the pursuit of the business of Employer or as
otherwise required in employment with Employer, Employee shall not, during the course of his employment or at any time following termination of his employment, directly or indirectly, disclose, publish, communicate or use on his behalf or
another’s behalf, any Proprietary Information. If during or after his employment Employee has any questions about whether particular information is Proprietary Information he shall consult with Employer’s Corporate Secretary. 

(c) Non-Competition 
 Employee shall not, during the
Non-Compete Period, engage in Competitive Employment, whether paid or unpaid and whether as a consultant, employee, or otherwise. This provision shall not apply if, within one year following a Change in Control: 
  

	(i)	Employer terminates Employee’s employment with Employer for any reason other than Termination for Cause or Total Disability; or 

	(ii)	Employee terminates his employment with Employer upon Constructive Discharge. 

 If Employee ceases to be employed by Employer because of a sale, merger, divestiture, or other transaction entered into by Employer, this provision shall continue to apply during the Non-Compete Period, except that Employee’s continued
employment for the subsidiary, division, or other divested unit of the Employer shall not be deemed a violation of this provision. 
 Employee agrees that
because of the worldwide nature of Employer’s business, breach of this agreement by accepting Competitive Employment anywhere in the United States would irreparably injure Employer and that, therefore, a more limited geographic restriction is
neither feasible nor appropriate to protect Employer’s interests. 
 (d) Inducement of Employees, Customers and Others 
 During the term of his employment and the Non-Compete Period, Employee shall not directly or indirectly solicit, induce, or encourage any employee, consultant, agent, or
customer of Employer with whom he has worked or about whom he has gained Proprietary Information to terminate his or its employment, agency, or customer relationship with Employer or to render services for or transfer business to any Competitor of
Employer. 
 (e) Return of Employer’s Property 
 Employee shall, upon termination of his employment with Employer, return to Employer all property of Employer in his possession, including all notes, reports, sketches, plans, published memoranda or other documents, whether in hard copy or
in computer form, created, developed, generated, received, or held by Employee during employment, concerning or related to Employer’s business, whether containing or relating to Proprietary Information or not. Employee shall not remove, by
e-mail, by removal of computer discs or hard drives, or by other means, any of the above property containing Proprietary Information, or reproductions or copies thereof, or any apparatus from Employer’s premises without Employer’s
authorization. 
 (f) Exit Interview 
 At
Employer’s request, Employee shall participate in an exit interview prior to his Severance Date to provide for the orderly transition of his duties, to arrange for the return of Employer’s property, to discuss his intended new employment,
and to discuss and complete such other matters as may be necessary to ensure full compliance with this Agreement. 
 (g) Confidentiality of Agreement

 Employee shall not disclose or discuss the existence of this Agreement, the Alternative Stock-Based Award, the Special Compensation, or any other
terms of the Agreement except (1) to members of his immediate family, (2) to his financial advisor or attorney, but then only to the extent necessary for them to assist him, (3) to a potential employer on a strictly confidential
basis, and then only to the extent necessary for reasonable disclosure in the course of serious negotiations, or (4) as required by law or to enforce his legal rights. 
 3. Alternative Stock-Based Awards 
 As partial consideration for Employee’s agreements hereunder, Employee shall
be granted one of the two Stock-Based Awards, at the election of Employee, on the terms set forth in this section. Employee must indicate which of the two forms of compensation he elects to receive by checking the corresponding box above his
signature line at the bottom of this Agreement. If Employee signs this Agreement but checks neither box or both boxes, Employee shall be considered to have elected to receive restricted stock. 
 (a) Alternative Award of Restricted Stock 
 If Employee elects
to receive Restricted Stock, this Section 3(a) shall be considered a part of this Agreement, otherwise it shall not be considered a part of this Agreement. 

 Employer hereby grants to Employee an award of 3,000 shares of restricted stock under Sprint’s 1990 Restricted Stock
Plan, the terms of which are hereby incorporated into this Agreement by this reference. 
 (a1) Lapse of Restrictions

 Employee may not sell, transfer, assign, pledge, or otherwise encumber or dispose of shares of restricted stock until the restrictions on the shares
lapse. Restrictions on the shares covered by this award shall lapse, with respect to 25% of the total shares granted, on each of the first four anniversary dates of the Effective Date. 
 (a2) Rights as Stockholder and Issuance of Shares 
 Except as set forth in the 1990 Restricted Stock Plan, Employee shall have all rights of a stockholder with respect to the shares of restricted stock, including the right to vote the shares of stock and the right to dividends on the shares.
The shares of restricted stock shall be registered in the name of the Employee and the certificates evidencing the shares shall, at Employer’s sole election, either (a) bear an appropriate legend referring to the terms, conditions, and
restrictions applicable to the award or (b) be held in escrow by the Company. Within 60 days of the Effective Date of this Agreement, the Employee shall execute a stock power or powers assigning the shares of restricted stock to Sprint, and
Sprint shall hold the stock power and the certificate in escrow and may use the stock power to effect forfeiture of the restricted stock to the extent the shares are forfeited under the terms of this Agreement. Sprint shall cause the certificate
evidencing unrestricted shares of common stock to be issued to the employee as soon as practicable after the restrictions lapse on the restricted shares. 
 (b) Alternative Award of Stock Options 
 If Employee elects to receive stock options, this Section 3(b) shall be considered a
part of this Agreement; otherwise it shall not be considered a part of this Agreement. 
 Sprint hereby grants to Employee, under Sprint’s 1990 Stock
Option Plan, an option to purchase 12,000 shares of Sprint common stock at a price of $38.4375 per share. The option shall become exercisable, with respect to 25% of the total shares granted, on each of the first four anniversaries of the Effective
Date. The option shall expire on August 12, 2006. The terms of the 1990 Stock Option Plan are hereby incorporated into this Agreement by reference. The option includes a right to a reload option as provided in Section 7 of the 1990 Stock
Option Plan. 
 (c) Provisions Applicable to Awards of both Restricted Stock and Stock Options 
 (c1) Acceleration of Stock-Based Awards 
 (A) Conditions to Acceleration 
 The restrictions on all shares of restricted stock that have not otherwise lapsed shall lapse or
the stock options shall become immediately exercisable, as the case may be, if, on or after August 12, 1997, Employee is not in breach of this Agreement and 
  

	(i)	Employer terminates Employee’s employment with Employer for any reason other than Termination for Cause or Employee’s Total Disability or 

  

	(ii)	Employee terminates his employment with Employer by reason of Employee’s Constructive Discharge or 

  

	(iii)	Employee ceases to be employed by Employer because of a sale, merger, divestiture, or other transaction entered into by Employer. 

 (B) No Acceleration on Transfer of Employment to Affiliates 
 In no event shall the restrictions lapse on restricted stock nor the exercisability of stock options be accelerated as provided in the prior section upon Employee’s ceasing employment with Employer to commence
employment with an Affiliate of Sprint. 

 (C) Section 280G Limits on Acceleration 
 If the acceleration of the vesting of restricted stock or the exercisability of the stock-based award hereunder, together with all other payments or benefits contingent
on a change in control within the meaning of Internal Revenue Code Section 280G or any successor provision (“280G”), results in any portion of such payments or benefits to the Employee not being deductible by the Employer or its
successor as a result of the application of 280G, the Employee’s benefits shall be reduced until the entire amount of the benefits is deductible. The reduction shall be effected by the exclusion of grants of options, restricted stock, or other
benefits not deductible by Sprint under 280G in reverse chronological order of grant date from the application of this or other acceleration provision, until no portion of such benefits is rendered non-deductible by application of Code
Section 280G. 
 (c2) Forfeiture of Stock-Based Award on Transfer to Affiliates and on Termination of Employment in Certain
Circumstances 
 Employee shall not be entitled to sell or continue to own any unvested shares of restricted stock or exercise or continue to own any
unexercisable stock options, as the case may be, if before such restricted shares vest or before such stock options become exercisable 
  

	(i)	Employee ceases employment with Employer and begins employment with an Affiliate of Employer, 

  

	(ii)	Employer terminates Employee’s employment with Employer for any reason constituting Termination for Cause or by reason of Employee’s Total Disability, or

  

	(iii)	Employee terminates his employment with Employer for any reason other than Employee’s Constructive Discharge. 

 Except as to paragraph (2)(iii), this provision applies regardless of what subsequent employment Employee may take. 
 (c3) Tax Withholding 
 Employer may withhold the amount of any tax attributable to any amount payable or shares issuable under this Agreement. 
 4. Payment of Special
Compensation 
 In lieu of any payments or benefits available under any and all Employer severance plans or policies but not in lieu of benefits under
Sprint’s Long-Term Disability Plan, Employee shall be entitled to (1) Special Compensation and (2) any vacation pay for vacation accrued but not taken by Employee on his Severance Date, if 
  

	(i)	Employer terminates Employee’s employment with Employer for any reason other than (a) Termination for Cause or (b) Total Disability or 

  

	(ii)	Employee terminates his employment with Employer upon Constructive Discharge. 

 The payments and benefits provided for in this section shall be in addition to all other sums then payable and owing to Employee hereunder and, except as expressly provided herein, shall not be subject to reduction for any amounts received
by Employee for employment or services provided to any Person other than Employer after the Severance Date and shall be in full settlement and satisfaction of all of Employee’s claims against and demands upon Employer. 
 Employee’s right to receive severance or other benefits pursuant to this section shall cease immediately in the event Employee is re-employed by Employer or
Employee materially breaches this Agreement. 
 5. Dispute Resolution 
 (a) Jurisdiction and Venue 
 Employee consents to jurisdiction and venue in the state and federal courts in and
for Johnson County, Kansas, for any and all disputes arising under this Agreement, provided, however, that Employer may seek injunctive relief in any court of competent jurisdiction to enjoin any violation of the covenants under Section 2, as
well as seeking damages therefor. 

 (b) Remedies 
 Employee acknowledges that the restraints and agreements herein provided are fair and reasonable, that enforcement of the provisions of this Agreement will not cause him undue hardship and that the provisions are reasonably necessary and
commensurate with the need to protect Employer and its legitimate and proprietary business interests and property from irreparable harm. 
 Employee
acknowledges that failure to comply with the terms of this Agreement, particularly the provisions of Section 2, will cause irreparable damage to Employer. Therefore, Employee agrees that, in addition to any other remedies at law or in equity
available to Employer for Employee’s breach or threatened breach of this Agreement, Employer is entitled to specific performance or injunctive relief, without bond, against Employee to prevent such damage or breach, and the existence of any
claim or cause of action Employee may have against Employer shall not constitute a defense thereto. 
 If Employee materially breaches any provision of
Section 2 or if any of those provisions are held to be unenforceable against Employee (i) Employee shall return any Special Compensation paid pursuant to this Agreement and (ii) if Employee’s breach occurs within the five-year
period beginning on the Effective Date of this Agreement, Employee shall return to Employer the stock received with respect to the Stock-Based Award, or, if Employee has disposed of the stock, an amount equal to the fair market value thereof on the
date of disposition. This remedy is a return of consideration and shall be in addition to any other remedies. During Employee’s employment with Employer, the Committee shall determine whether Employee has materially breached the provisions of
Section 2, and the Committee’s determination shall be final. 
 6. Definitions 
 (a) Affiliate 
 “Affiliate” means, with respect to any Person, a Person, other than a Subsidiary of
such Person, (i) controlling, controlled by, or under common control with such Person and (ii) any other Person with whom such Person reports consolidated financial information for financial reporting purposes. “Control” for this
purpose means direct or indirect possession by one Person of voting or management rights of at least 20% with respect to another Person. 
 (b) Change
in Control 
 “Change in Control” means the occurrence of any of the following events: 
  

	(1)	the acquisition, without the approval of a majority of the directors described in paragraph 6(b)(2) below, by any “person” or “group” as such terms are defined
in Section 13(d), and 14(d) of the Securities Exchange Act of 1934 (the “Exchange Act”) and the rules thereunder other than 

  

	 	(A)	a trustee or other fiduciary holding securities under an employee benefit plan of Sprint or 

  

	 	(B)	Sprint or a corporation owned, directly or indirectly, by the stockholders of Sprint in substantially the same proportions as their ownership of stock of Sprint

 of securities of Sprint representing 20% or more of the combined voting power of Sprint’s then outstanding securities;
or 
  

	(2)	at the end of any two-year period, less than a majority of the directors of Sprint are directors 

  

	 	(A)	who were directors of Sprint at the beginning of the two-year period or 

  

	 	(B)	whose election or nomination as director was approved by a vote of 2/3’s of the then directors described in the preceding clause 6(b)(2)(A) or this clause 6(b)(2)(B) by prior
nomination or election; or 

  

	(3)	the shareholders of Sprint approve a merger, consolidation, liquidation or dissolution of Sprint, or a sale of all or substantially all of the assets of Sprint without approval of a
majority of the directors described in paragraph 6(b) (2). 

 (c) Committee 
 ”Committee” means the Organization, Compensation, and Nominating Committee of Sprint’s board of directors. 
 (d) Competitive Employment 
 “Competitive Employment”
means the performance of duties or responsibilities for a Competitor of Employer (a) that are of a similar nature or employ similar professional or technical skills (e.g., marketing, engineering, legal, etc.) to those employed by Employee in
his performance of services for Employer at any time during the two years before the Severance Date, (b) that relate to products or services that are competitive with Employer’s products or services with respect to which Employee performed
services for Employer at any time during the two years before the Severance Date, or (c) in the performance of which Proprietary Information to which Employee had access at any time during the two-year period before the Severance Date could be
of substantial economic value to the Competitor of Employer. 
 (e) Competitor of Employer 
 Because of the highly competitive, evolving nature of Employer’s industry, the identities of companies in competition with Employer are likely to change over time.
The following tests, while not exclusive indications of what employment may be competitive, are designed to assist the parties and any court in evaluating whether particular employment is prohibited under this Agreement. A Sprint Affiliate shall not
be a Competitor of Employer. 
 “Competitor of Employer” means: 
  

	(1)	any Person doing business in the United States whose primary business is providing local or long distance telephone or wireless service; 

  

	(2)	any Person doing business in the United States, who, together with its Consolidated Affiliates, receives more than 15% of its gross operating revenue from a line of business in
which Employer, together with its Consolidated Affiliates, receives more than 15% of its gross operating revenues, all as measured by the most recent available financial information of both Employer and such other Person, at the time Employee
accepts, or proposes to accept, employment with or to otherwise perform services for such Person; 

  

	(3)	any Person doing business in the United States and operating, for less than 5 years, a line of business from which Employer derives more than 15% of its gross operating revenues,
notwithstanding such Person’s lack of substantial revenues in such line of business; and 

  

	(4)	any Person doing business in the United States, who receives more than 15% of its gross operating revenue from a line of business in which Employer has operated for less than 5
years, notwithstanding Employer’s lack of substantial revenues in such line of business. 

 If financial information is not publicly
available or is inadequate for purposes of applying this definition, the burden shall be on the Employee to demonstrate that such Person is not a Competitor of Employer. 
 (f) Consolidated Affiliate 
 ”Consolidated Affiliate” means, with respect to any person, all
Affiliates and Subsidiaries of such person, if any, with whom the financial statements of such person are required, under generally accepted accounting principles, to be reported on a consolidated basis. 
 (g) Constructive Discharge 
 “Constructive Discharge”
means termination by the Employee of his employment with the Employer by written notice given within 60 days following one or more of the following events: 
  

	(a)	unless Employer first offers to Employee a position having an equal or greater grade rating, reassignment of Employee from his then current position with Employer to a position
having a lower grade rating, in each case under Employer’s methodology of rating employment positions for its employees generally; 

	(b)	a reduction in Employee’s targeted total compensation by more than 10% other than by an across-the-board reduction affecting substantially all similarly situated employees of
Employer; or 

  

	(c)	a change in the Employee’s base employment area to anywhere other than the Kansas City metropolitan area within one year following a Change in Control.

 (h) Non-Compete Period 
 “Non-Compete Period” means the 18-month period beginning on Employee’s Severance Date. If Employee breaches or violates any of the covenants or provisions of this Agreement, the running of the Non-Compete Period shall be
tolled during the period the breach or violation continues. 
 (i) Person 
 “Person” means any individual, corporation, partnership, association, company, or other entity. 
 (j) Proprietary Information 
 “Proprietary
Information” means trade secrets (such as customer information, technical and non-technical data, a formula, pattern, compilation, program, device, method, technique, drawing, process) and other confidential and proprietary information
concerning the products, processes, or services of Employer or Employer’s Affiliates, including but not limited to: computer programs, unpatented or unpatentable inventions, discoveries or improvements; marketing, manufacturing, or
organizational research and development results and plans; business and strategic plans; sales forecasts and plans; personnel information, including the identity of other employees of Employer, their responsibilities, competence, abilities, and
compensation; pricing and financial information; current and prospective customer lists and information on customers or their employees; information concerning purchases of major equipment or property; and information about potential mergers or
acquisitions which information: (a) has not been made generally to the public; and (b) is useful or of value to the current or anticipated business, or research or development activities of Employer or of any customer or supplier of
Employer, or (c) has been identified to Employee as confidential by Employer, either orally or in writing. 
 (k) Severance Date

 “Severance Date” means the last day on which Employee actually performs services as an employee of
Employer. 
 (l) Severance Period 
 “Severance Period” means the 18-month period beginning on Employee’s Severance Date. 
 (m) Special
Compensation 
 “Special Compensation” means Employee’s right 
  

	(a)	to continue to receive during the Severance Period periodic compensation at the same rate as his base salary in effect at the Employee’s Severance Date;

  

	(b)	to receive bonuses under one or more of Sprint’s Management Incentive Plan, Executive Management Incentive Plan, and Sales Incentive Compensation Plan in which Employee
participated on the Severance Date (together with other incentive compensation plans specifically approved for this purpose by the Committee, the “Short-Term Incentive Plans”) based on the Employee’s target amount under such plans on
the Severance Date, and assuming achievement of performance targets under the Short-Term Incentive Plans of 

  

	 	(i)	the actual performance level for periods before the beginning of the Severance Period and 

  

	 	(ii)	the lesser of (a) the actual performance level during the Severance Period and (b) 100% of targeted performance during the Severance Period, 

 pro-rating the foregoing performance levels under the Short-Term Incentive Plans based on the ratio of the amount of time in each of the foregoing time
periods to the amount of time in the whole performance period under each Short-Term Incentive Plan; 

	(c)	to receive an award under the Long Term Incentive Plan and the Executive Long Term Incentive Plan (the (“Long-Term Incentive Plans”), assuming achievement of performance
targets under the Long-Term Incentive Plans of 

  

	 	(i)	the actual performance level for periods before the beginning of the Severance Period and 

  

	 	(ii)	0% of targeted performance during the Severance Period, 

 pro-rating the foregoing performance levels under the Long-Term Incentive Plans based on the ratio of the amount of time in each of the foregoing time periods to the amount of time in the whole performance period under each Long-Term
Incentive Plan; 
  

	(d)	to continue to participate throughout the Severance Period in all group health plans (as defined in Code section 106(b)(3) or any successor provision of the Internal Revenue Code of
1986, as amended, including but not limited to any medical and dental) that Employer continues to make available to Employer’s employees generally and that Employee was participating in on his Severance Date, except that participation in those
plans after Employee becomes employed full-time during the Severance Period shall immediately cease unless Employee elects to continue coverage under the COBRA continuation provisions of any group health plan by paying the applicable premium
therefor; 

  

	(e)	to continue to participate throughout the Severance Period in all group life insurance and qualified or non-qualified retirement plans that Employer continues to make available to
Employer’s employees generally and that Employee was participating in on his Severance Date; 

  

	(f)	to receive out-placement counseling by a firm selected by Employer to continue until Employee becomes employed; 

  

	(g)	to continue to receive throughout the Severance Period all executive perquisites (including automobile allowance, long distance services and all miscellaneous services) Employee was
entitled to receive on the Severance Date except country club membership dues and accrual of vacation; and 

  

	(h)	to have the end of the Severance Period treated as Employee’s termination date for purposes of Sprint’s employee stock option plans and restricted stock plans.

 Employee shall not be entitled to participate in Sprint’s long- and short-term disability plan after the Severance Date. 
 (n) Stock-Based Award 
 “Stock-Based Award” means the
award of restricted stock as elected by Employee under Section 3 of this Agreement. 
 (o) Subsidiary 
 “Subsidiary” means, with respect to any Person (the “Controlling Person”), all other Persons (the “Controlled Persons”) in whom the
Controlling Person owns or controls more than 50% of the management or voting rights, together with all Subsidiaries of such Controlled Persons. 
 (p)
Termination for Cause 
 “Termination for Cause” means termination by Employer of Employee’s employment because of 
  

	(i)	conduct by the Employee that violates the Code of Ethics or reflects adversely on the Employee’s honesty or 

  

	(ii)	Employee’s willful engagement in conduct that is materially injurious to the Employer. 

 Termination for failure to meet performance expectations, unless willful, continuing and substantial, shall not be deemed a Termination for Cause. 

 (q) Total Disability 
 “Total Disability” shall have the same meaning as in Sprint’s Long Term Disability Plan, as amended from time to time. 
 7.
General Provisions 
 (a) Obligations to Survive Termination of Employment 
 Employee’s obligations under this Agreement shall survive his termination of employment with Employer. 
 (b)
Binding Effect 
 This Agreement shall be binding upon and inure to the benefit of Employee’s executors, administrators, legal representatives,
heirs, and legatees and to Employer’s successors and assigns. 
 (c) Partial Invalidity 
 The various provisions of this Agreement are intended to be severable and to constitute independent and distinct binding obligations. Should any provision of this
Agreement be determined to be void and unenforceable, in whole or in part, it shall not be deemed to affect or impair the validity of any other provision or part thereof, and such provision or part thereof shall be deemed modified to the extent
required to permit enforcement. Without limiting the generality of the foregoing, if the scope of any provision contained in this Agreement is too broad to permit enforcement to its full extent, but may be enforceable by limitations thereon, such
provision shall be enforced to the maximum extent permitted by law, and Employee hereby agrees that such scope may be judicially modified accordingly. 
 (d) Waiver 
 The waiver by either party of a breach of any provision of this Agreement by any other party shall not operate or be
construed as a waiver of any subsequent breach. 
 (e) Prior Agreements Merged into Agreement 
 This Agreement represents the entire understanding of the parties and, to the extent that there is any conflict, supersedes all other agreements with respect to the
subject matter hereof. 
 (f) Notices 
 Any notice
or other communication required or permitted to be given hereunder shall be determined to have been duly given to any party (a) upon actual receipt at the address of such party specified below if delivered personally or by regular U.S. mail; (b)
upon receipt by the sender of a “GOOD” or “OK” confirmation of transmission if transmitted by facsimile, but only if a copy is also sent by regular mail or courier; (c) when delivery is certified if sent as certified mail, return
receipt requested, addressed, in any case to the party at the following addresses: 
  

			
	 	 	 
	If to Employee:	 	William R. Blessing
		
	If to Employer:	 	Sprint Corporation
		 	6200 Sprint Parkway
		 	Overland Park, KS 66251
		 	Attn: Corporate Secretary
		 	FAX: (913) 794-0144

 or to such other address or telecopy number as any party may designate by written notice in the aforesaid manner,
or with respect to Employee, such address as Employee may provide Employer for purposes of its human resources database. 

 (g) Governing Law 
 Because Employer’s business is headquartered in Kansas, and to ensure uniformity of enforcement of this Agreement, the validity, interpretation, and enforcement of this Agreement shall be governed by the laws of the State of Kansas.

 (h) Number and Gender 
 Wherever the context
requires, each term stated in either the singular or plural shall include the singular and the plural, and the pronouns stated in either the masculine, the feminine, or the neuter gender shall include the masculine, feminine, or neuter as
appropriate. 
 (i) Headings 
 The headings of the
Sections of this Agreement are for reference purposes only and do not define or limit, and shall not be used to interpret or construe the contents of this Agreement. 
 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and effective as of August 12, 1996, above set forth. 
 I elect to receive the following as the Stock-Based Award (check one): 
  ̈  Restricted Stock 
  ̈  Stock Options 
  

					
	 	  	SPRINT CORPORATION
			
	 /s/ William R. Blessing
	  	By:	 	 /s/ Don A. Jensen

	William R. Blessing	  		 	Authorized OfficerEmployment Agreement

 Exhibit 10.7 
 Employment Agreement 
 THIS EMPLOYMENT AGREEMENT (this
“Agreement”) is dated as of August 29, 2005 (the “Effective Date”), by and among SPRINT CORPORATION, a Kansas corporation (“Sprint”),
SPRINT/UNITED MANAGEMENT COMPANY, a Kansas corporation and subsidiary of Sprint (“SUMC”) (Sprint, SUMC and the subsidiaries of Sprint are collectively referred to herein as
the “Company”), and MELANIE COLEMAN (“Executive”). Before the Spin-off, “Company” may refer to Sprint individually or to Sprint, SUMC and their subsidiaries collectively, as
the context may require; after the Spin-off, “Company” shall refer to SpinCo individually or to SpinCo and its Subsidiaries collectively. 
 Recitals 
  

	 	1.	Because the Company is mindful of Executive’s potential substantial contributions to the Company and of Executive’s attractiveness in the competitive marketplace, both
within and outside of the telecommunications industry, it desires to insure Executive’s continued employment with the Company, it desires to encourage Executive to maintain and increase Executive’s ownership of Company stock, and it
desires to provide Executive appropriate compensation arrangements that motivate Executive to focus on and increase shareholder value. 

  

	 	2.	The Company desires to secure the continued long-term employment of Executive. 

  

	 	3.	Certain capitalized terms used herein are defined parenthetically throughout this Agreement or defined in Section 7 of this Agreement. 

 NOW, THEREFORE, in consideration of the promises and mutual covenants herein contained, and for other good and valuable consideration, the
receipt and sufficiency of which consideration is mutually acknowledged by the parties, the parties hereby agree as follows: 
 1. Employment and
Termination 
 1.01. Conditions of Employment 
 Subject to the terms of this Agreement, the Company hereby agrees to employ Executive as Vice President Finance, with such authority, power, responsibilities, and duties customarily exercised by a person holding such
position in a company of the size and nature of the Company. Immediately following the Spin-off, Executive shall serve as Vice President and Controller of Spin-Co. 
 1.02. Performance of Duties 
 Executive shall, during Executive’s employment with the Company, owe an undivided
duty of loyalty to the Company and agrees to use Executive’s best efforts to promote and develop the business of the Company. Executive agrees that, during Executive’s employment with the Company, Executive must devote Executive’s
full business time, energies, and talents to serving as an executive of the Company and that Executive shall perform Executive’s duties faithfully and efficiently subject to the directions of the Board. Notwithstanding the foregoing, Executive
may, subject in all cases to the Company’s Principles of Business Conduct (or any successor code of conduct) (i) serve as a director, trustee, or officer or otherwise participate in not-for-profit educational, welfare, social, religious,
and civic organizations; (ii)
  

 1 

 serve as a director of any for-profit business listed on Exhibit A hereto or, with prior consent as required pursuant to
the Principles of Business Conduct (or any successor code of conduct), serve as a director of any for-profit business that is not a Competitor; and (iii) acquire passive investment interests in one or more entities, to the extent that the other
activities do not inhibit or interfere with the performance of Executive’s duties under this Agreement, or to the knowledge of Executive conflict in any material way with the business or policies of the Company. 
 1.03. Term of Employment 
 The term of
Executive’s employment under this Agreement (the “Employment Term”) begins on the Effective Date and ends on Executive’s 65th birthday (the “End Date”). This Agreement sets forth certain terms of
Executive’s employment during the Employment Term, the consequences of any termination of employment during the Employment Term, and the terms of certain restrictive covenants by Executive during and after the Employment Term. The Company and
Executive agree that the employment relationship is at will, and either party may terminate the employment relationship for any reason in accordance with the procedures and with the consequences set forth in this Agreement. 
 1.04. Procedures for Termination 
  

	(a)	General Procedures 

 Except as set forth below, any
purported termination of this Agreement or of Executive’s employment by the Company or by Executive during the Employment Term, other than by Executive’s death, shall be communicated by a written notice of termination to the other party
hereto delivered in accordance with Section 14 below indicating the specific termination provision in this Agreement relied upon and setting forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under
the provision so indicated. Any such termination will be effective on the Termination Date. 
  

	(b)	Cause Termination 

 The Company may not terminate
Executive’s employment for Cause during the Employment Term until it delivers to Executive a written notice stating that Executive is guilty of conduct constituting Cause by reference to one or more clauses of Section 7.06 and specifying
the particulars thereof in reasonable detail. 
  

	(c)	Good Reason Termination 

 Executive may terminate
Executive’s employment for Good Reason at any time during the Employment Term following written notice and an opportunity for the Company to cure. In order to effect a termination for Good Reason, Executive must deliver a written notice to the
Company within 60 days following the event or circumstance giving rise to Executive’s claim of Good Reason. The notice must set forth the specific event or circumstance giving rise to Good Reason by reference to one or more clauses of the
definition of Good Reason set forth in Section 7.17 of this Agreement. If, within 30 days following notice from Executive, the Company corrects, in all material respects, the events or circumstances giving rise to Executive’s claim for
Good Reason, Executive shall not be entitled to terminate Executive’s employment for Good Reason by reason of such event or circumstance. 
  

 2 

	(d)	Payment of Compensation Earned Through Termination Date 

 Upon a termination of Executive’s employment hereunder for any reason, Executive or, in the event of Executive’s death, Executive’s estate, in addition to any other payments or benefits to which Executive may be entitled
hereunder, is entitled to 
  

	 	(i)	Executive’s Base Salary prorated through the Termination Date, 

  

	 	(ii)	any payment under the Incentive Plan for Performance Periods ending before the Termination Date, unless eliminated or reduced, and then only to the extent that such payments are
eliminated or reduced, for all Similarly Situated Executives, and 

  

	 	(iii)	any vacation pay for vacation accrued by Executive in the calendar year of termination but not taken at the Termination Date. 

 Except as otherwise provided herein, the Company must pay any other employee benefits to which Executive is entitled by reason of Executive’s
employment to Executive or Executive’s estate at the time or times required by the terms of the applicable Company plan or policy. 
  

	(e)	Effect of Termination on Other Positions 

 If, on
the Termination Date, Executive (i) is a member of the Board or any board of directors of one of Sprint’s subsidiaries, (ii) serves on the board of directors of any other corporation by nomination, appointment, or designation by
Sprint or any of its subsidiaries, or (iii) holds any other position with Sprint or any of its subsidiaries, Executive shall, unless otherwise agreed to by the Company, be deemed to have resigned from all such positions as of the Termination
Date. Executive agrees to execute such documents and take such other actions as the Company may request to reflect such resignations. 
  

	(f)	Condition to Certain Payments 

 Payments under
Section 5 are conditioned on Executive’s compliance with the requirements of Section 5.02(b). 
  

	(g)	Exit Interview 

 At the Company’s request,
Executive shall participate in an exit interview prior to Executive’s last day worked as an employee of the Company to provide for the orderly transition of Executive’s duties, to arrange for the return of the Company’s property, to
discuss Executive’s intended new employment, and to discuss and complete such other matters as may be necessary to ensure full compliance with this Agreement. 
 2. Compensation 
 Subject to the terms of this Agreement, during the Employment Term, while Executive is employed by the Company, the Company
will compensate Executive for Executive’s services as follows: 
 2.01. Base Salary 
 Starting on the Effective Date, the Company shall pay Executive an annual base salary at the initial annual rate of $225,000, payable in monthly or more frequent
installments in accordance with the Company’s payroll policies and practices (such annual base salary as adjusted pursuant to this Section 
  

 3 

 2.01 shall hereinafter be referred to as the “Base Salary”). Executive’s Base Salary shall be
reviewed, and may be increased but not decreased below the rate in effect on the Effective Date (other than across-the-board reductions similarly affecting all Similarly Situated Executives), by the Board in a manner that is fair and pursuant to its
normal performance review policies for Similarly Situated Executives. 
 2.02. Incentive Payments 
 Executive will participate in the Incentive Plan, subject to its terms and conditions as they may from time to time be established, amended, interpreted, or terminated in
accordance with the Company’s plans or policies governing such benefits to Similarly Situated Executives generally. Executive’s Targeted Compensation under the Incentive Plan shall be reviewed, and may be increased but not decreased below
45 percent of Base Salary (other than across-the-board reductions similarly affecting all Similarly Situated Executives), by the Board in a manner that is fair and pursuant to its normal performance review policies for Similarly Situated Executives.

 2.03. Sign-on Bonus 
 As soon as
practicable after the Effective Date, but not later than 30 days after the Effective Date, the Company shall pay Executive a sign-on bonus of $80,000 in cash in a lump sum. If Executive terminates employment at Sprint, other than for Good Reason,
within one year of the Effective Date, Executive will be obligated to repay the sign-on bonus in full. 
 2.04. Employee Benefits

 The Company will provide Executive with the employee benefits (including, without limitation, life, disability, medical and dental insurance coverage,
participation in the Company’s Executive Deferred Compensation Plan, Savings Plan, and the Pension Plan, and other benefits generally provided to Similarly Situated Executives) that are no less favorable in the aggregate to Executive than those
provided to Executive as of the Effective Date, subject to amendment, modification, interpretation by the Company, or termination in accordance with the Company’s plans or policies governing such benefits to Similarly Situated Executives
generally. 
 2.05. Confidentiality of Agreement 
 Executive shall not disclose or discuss the existence of this Agreement, the Stock-Based Award, the benefits provided upon termination of employment, or any other terms of this Agreement except 
  

	 	(i)	to members of Executive’s immediate family, 

  

	 	(ii)	to Executive’s financial advisor or attorney, but then only to the extent necessary for them to assist Executive, 

  

	 	(iii)	to a potential employer on a strictly confidential basis, and then only to the extent necessary for reasonable disclosure in the course of serious negotiations, or

  

	 	(iv)	as required by law or to enforce Executive’s legal rights. 

  

 4 

 2.06. Expense Reimbursement 
 The Company will reimburse Executive for reasonable out-of-pocket expenses incurred and accounted for in accordance with the policies and procedures of the Company for Similarly Situated Executives generally, as they
may from time to time be established, interpreted, amended, or terminated. 
 3. Stock-Based Awards 
 As partial consideration for Executive’s agreement to the terms hereunder, Executive shall be granted Stock-Based Awards on the terms set forth in this
Section 3. 
 3.01. Award of Restricted Stock Units 
 Sprint hereby grants to Executive, under Sprint’s 1997 Long-Term Incentive Compensation Program, (the “Omnibus Plan”), an award of 5,400 restricted stock units underlying Sprint’s FON Common
Stock, the terms of which, to the extent not in conflict with this Agreement, are hereby incorporated into this Agreement by reference. Notwithstanding the terms of the Omnibus Plan, the definition of Change in Control set forth in this Agreement
shall apply for all purposes. 
 (a) Restricted Stock Unit Vesting 
 Executive may not sell, transfer, assign, pledge, or otherwise encumber or dispose of restricted stock units or use those units in payment of the exercise
price of stock options until the shares underlying the units are delivered. The units covered by this award shall vest, with respect to the total shares granted above, on the third anniversary of the Effective Date. 
 (b) Rights as Stockholder and Issuance of Shares 
 As soon as practicable after the restricted stock units vest, unless Executive elects to defer delivery as provided under the Omnibus Plan, the Company shall either cause the certificate evidencing unrestricted shares
of common stock to be issued to Executive or authorize the transfer of the unrestricted shares in electronic form. 
 3.02. Award of Stock
Options 
 Sprint hereby grants to Executive, under Sprint’s Omnibus Plan an option to purchase 13,900 shares of Sprint’s FON Common
Stock at a strike price equal to the Fair Market Value of one share of the stock on the Effective Date. The option shall become exercisable, with respect to 25% of the total shares granted above, on each of the first four anniversaries of the
Effective Date. The options shall expire on the 10th anniversary of the Effective Date. The terms of the Omnibus Plan, to the extent not in conflict with the terms of this Agreement, are hereby incorporated into this Agreement by reference.
Notwithstanding the terms of the Omnibus Plan, the definition of Change in Control set forth in this Agreement shall apply for all purposes. 
 3.03.
Provisions Applicable to Stock-Based Award 
  

	(a)	Acceleration of Stock-Based Awards 

  

	 	(1)	Conditions to Acceleration 

  

 5 

 The restricted stock units granted under this Agreement shall vest, and the stock options granted under
this Agreement shall become fully exercisable, if, on or after the first anniversary of the Effective Date, Executive is not in breach of this Agreement and (x) there is a Change in Control or (y) one of the three following events occurs:

  

	 	(i)	The Company terminates Executive’s employment with the Company for any reason other than for Cause; 

  

	 	(ii)	Executive terminates Executive’s employment with the Company for Good Reason; or 

  

	 	(iii)	Executive ceases to be employed by the Company because of a sale, merger, divestiture, or other transaction entered into by the Company that does not constitute a Change in Control.

 Such acceleration shall occur on the earlier of (A) a Change in Control or (B) if Executive ceases to be employed
by the Company due to the occurrence of an event described above in Sections 3.03(a)(1)(i), (ii), or (iii), the last day of the Severance Period. Notwithstanding the foregoing, in no event shall this Section 3.03(a) apply to any award other
than the Stock-Based Award granted under this Agreement. 
  

	 	(2)	No Acceleration on Transfer of Employment to Affiliates 

 In no event shall the restricted stock units vest or the exercisability of the stock options be accelerated as provided for in Section 3.03(a)(1) upon Executive’s ceasing employment with the Company to commence employment with an
Affiliate of the Company. 
  

	 	(3)	Section 280G Limits On Acceleration 

 Notwithstanding
anything in this agreement to the contrary, if the acceleration of the vesting or the exercisability of a Stock-Based Award pursuant to this Section 3.03(a), together with all other payments and benefits contingent on a change in control within
the meaning of Internal Revenue Code Section 280G or any successor provision (“280G”), results in any portion of such payments or benefits to Executive not being deductible by the Company or its successor as a result of the
application of 280G, the application of Section 3.03(a)(1)’s acceleration shall be restricted until the entire amount of the payments and benefits is deductible. Such restriction shall be effected by excluding grants of options (or
portions thereof) or restricted stock units from Section 3.03(a)(1)’s application in the order elected by Executive. 
  

	(b)	Forfeiture of Stock-Based Award on Transfer to Affiliates and on Termination of Employment in Certain Circumstances 

 Executive shall not be entitled to sell or continue to own any unvested restricted stock units granted hereunder or exercise or continue to hold any
unexercisable portion of the stock options granted hereunder, if before such restricted stock units vest or before such stock options become fully exercisable 
  

 6 

	 	(1)	Executive ceases employment with the Company and begins employment with an Affiliate of the Company, 

  

	 	(2)	The Company terminates Executive’s employment with the Company for Cause, or 

  

	 	(3)	Executive terminates Executive’s employment with the Company for any reason other than Good Reason. 

  

	(c)	Tax Withholding 

 Before the payment of any amount or
delivery of any shares of stock pursuant to a Stock-Based Award, the Company shall have the power and the right to deduct or withhold, or require Executive to remit to the Company, an amount sufficient to satisfy any federal, state or local tax
withholding obligation attributable to such amount payable or shares issuable under this Agreement. 
 4. Executive Covenants 
 4.01. Principles of Business Conduct 
 Executive
shall adhere in all respects to the Company’s Principles of Business Conduct (or any successor code of conduct) as they may from time to time be established, interpreted, amended, or terminated. 
 4.02. Proprietary Information 
 Executive
acknowledges that during the course of Executive’s employment Executive has learned or will learn or develop Proprietary Information. Executive further acknowledges that unauthorized disclosure or use of such Proprietary Information, other than
in discharge of Executive’s duties, will cause the Company irreparable harm. Except in the course of Executive’s employment with the Company under this Agreement, in the pursuit of the business of the Company, or as otherwise required in
employment with the Company, Executive shall not, during the course of Executive’s employment or at any time following termination of Executive’s employment, directly or indirectly, disclose, publish, communicate, or use on
Executive’s behalf or another’s behalf, any Proprietary Information. If during or after Executive’s employment Executive has any questions about whether particular information is Proprietary Information Executive shall consult with
the Company’s Corporate Secretary or other representative designated by the Company. 
 Executive also agrees to promptly disclose to the Company any
information, ideas, or inventions made or conceived by Executive that result from or are suggested by services performed by Executive for the Company under this Agreement, and to assign to the Company all rights pertaining to such information,
ideas, or inventions. Knowledge or information of any kind disclosed by Executive to the Company shall be deemed to have been disclosed without obligation on the part of the Company to hold the same in confidence, and the Company shall have the full
right to use and disclose such knowledge and information without compensation to Executive beyond that specifically provided in this Agreement. 
 4.03.
Non-Competition 
 During Executive’s employment with the Company and during the Non-Compete Period, Executive shall not engage
in Competitive Employment, whether paid or unpaid and whether as a consultant, employee, or otherwise. 
  

 7 

 If Executive ceases to be employed by the Company because of the sale, spin-off, divestiture, or other disposition by the
Company of a subsidiary, division, or other divested unit employing Executive, this provision shall continue to apply during the Non-Compete Period, except that Executive’s continued employment for the subsidiary, division, or other divested
unit disposed of by the Company shall not be deemed a violation of this provision. 
 Executive agrees that because of the worldwide nature of the
Company’s business, breach of this Agreement by accepting Competitive Employment would irreparably injure the Company and that, therefore, a limited geographic restriction is neither feasible nor appropriate to protect the Company’s
interests. 
 4.04. Inducement of Employees, Customers and Others 
 During Executive’s employment with the Company and during the Non-Compete Period, Executive shall not directly or indirectly solicit, induce, or encourage any employee, consultant, agent, or customer of the
Company, or vendor or other parties doing business with the Company, to terminate their employment, agency, or other relationship with the Company or to render services for or transfer business to any Competitor, and Executive shall not initiate
discussion with any such person for any such purpose or authorize or knowingly cooperate with the taking of any such actions by any other individual or entity on behalf of the Competitor. 
 4.05. No Adverse Actions 
 During the Non-Compete
Period, Executive shall not, without the prior written consent of the Company, in any manner, solicit, request, advise, or assist any other person to (a) undertake any action that would be reasonably likely to, or is intended to, result in a
Change in Control, or (b) seek to control in any material manner the Board. 
 4.06. Return of Property 
 Executive shall, upon Executive’s Termination Date, return to the Company all property of the Company in Executive’s possession, including all notes, reports,
sketches, plans, published memoranda, or other documents, whether in hard copy or in electronic form, created, developed, generated, received, or held by Executive during Executive’s employment, concerning or related to the Company’s
business, whether containing or relating to Proprietary Information or not. Executive shall not remove, by e-mail, by removal of computer discs or hard drives, or by other means, any of the above property containing Proprietary Information, or
reproductions or copies thereof, or any apparatus from the Company’s premises without the Company’s written consent. 
 4.07. Mutual
Non-disparagement 
 Executive agrees to refrain from making any statements about the Company or its officers or directors that would
disparage, or reflect unfavorably upon the image or reputation of the Company or any such officer or director. The Company agrees to use reasonable efforts to prevent its directors and officers from making any statements about Executive that would
disparage, or reflect unfavorably upon the image or reputation of, Executive. 
 4.08. Assistance with Claims 
 Executive agrees that, consistent with Executive’s business and personal affairs, during and after Executive’s employment by the Company, Executive will assist
the Company in the defense of any claims 
  

 8 

 or potential claims that may be made or threatened to be made against it in any action, suit, or proceeding, whether
civil, criminal, administrative, or investigative (“Proceeding”) and will assist the Company in the prosecution of any claims that may be made by the Company in any Proceeding, to the extent that such claims may relate to
Executive’s services provided under this Agreement. 
 Executive agrees, unless precluded by law, to promptly inform the Company if Executive is asked
to participate (or otherwise become involved) in any Proceeding involving such claims or potential claims. 
 Executive also agrees, unless precluded by law,
to promptly inform the Company if Executive is asked to assist in any investigation (whether governmental or private) of the Company (or its actions), regardless of whether a lawsuit has then been filed against the Company with respect to such
investigation. The Company agrees to reimburse Executive for all of Executive’s reasonable out-of-pocket expenses associated with such assistance, including travel expenses and any attorneys’ fees and shall pay a reasonable per diem fee
(equal to 1/250th of Executive’s Base Salary rate at Executive’s Termination Date) for Executive’s
services. 
 4.09. Key Man Life Insurance 
 The Company may, at its discretion, purchase for its own benefit and at its own expense, key man life insurance on the life of Executive. Neither Executive nor Executive’s spouse or dependents shall have any right, title, or interest
in or to such insurance or the proceeds thereof. Executive agrees to cooperate with the life insurance company and the Company in the insurance underwriting process, including submitting to a physical examination and other tests necessary to secure
coverage, and signing all appropriate applications and written forms as may be required by the insurance company. 
 5. Payments On Certain Terminations

 5.01. Payments on Certain Terminations 
 If, during the Employment Term, (a) the Company terminates Executive’s employment with the Company for any reason other than (x) Cause or (y) Executive’s Total Disability or (b) Executive terminates
Executive’s employment with the Company for Good Reason, then Executive shall, subject to the applicable provisions of this Section 5, be entitled to the following payments and benefits (the “Severance Benefits”) in lieu
of any other payments or benefits available under any and all Company separation plans or policies: 
  

	 	(i)	The Company will pay Executive Executive’s Base Salary, in equal installments in arrears and on the same schedule as paid before Executive’s Termination Date, for a period
(the “Severance Period”) commencing on the Termination Date and ending on the earlier to occur of (A) the date 12 months after the Termination Date, or (B) the End Date, at the rate in effect on Executive’s
Termination Date. 

  

	 	(ii)	The Company will pay Executive, at the time and in the amounts set forth immediately below, Executive’s (x) bonus amount earned under the Incentive Plan for that portion
of the Termination Performance Period ending on Executive’s Termination Date and (y) the bonus amount under the Incentive Plan for the Severance Period. Such amounts shall be calculated and paid as follows: 

  

	 	(A)	For the Termination Performance Period, the Company will pay Executive, at the time when payouts are made for that Performance Period, an amount equal to the Termination Period
Incentive Payout. 

  

 9 

	 	(B)	For the Post I Termination Performance Period, the Company will pay Executive, at the time when payouts are made for that Performance Period, an amount equal to the Capped Incentive
Payout for such Performance Period or, alternatively, in the event that the Severance Period ends within such Performance Period, the Capped Incentive Payout for such Performance Period prorated through the month in which the Severance Period ends.

  

	 	(C)	In the event that the Severance Period ends in the Post II Termination Performance Period, the Company will pay Executive, at the time when payouts are made for that Performance
Period, the Capped Incentive Payout for such Performance Period prorated through the month in which the Severance Period ends. 

 For purposes of Sections 5.01(ii)(B) and (C), in determining whether to count the month in which the Severance Period ends, if the end of the Severance Period falls on a date on or before the 15th of a month, such month shall not be counted
but, if the end of the Severance Period falls on a date after the 15th of a month, such month shall be counted. 
 This Section 5.01(ii)
assumes that Performance Periods under the Incentive Plan are 12 months in length. To the extent that Performance Periods are greater or lesser than 12 months, the above payout schedule shall be appropriately adjusted by the Company, either by
increasing or decreasing the number of Performance Periods in which severance payouts shall be made, such that (i) the final payment made to Executive under this Section 5.01(ii) shall be made at the time payouts are made for the
Performance Period in which the Severance Period ends, and (ii) Executive shall receive no less than nor no greater than the amount, using concepts and formulas consistent with those provided in this Section 5.01(ii), that would have
accrued and been payable to Executive under the Incentive Plan for the Severance Period had the Performance Periods remained 12 months in length. 
  

	 	(iii)	During the Severance Period, the Company will provide any employee benefit (including, but not limited to, executive medical, dental and life coverage, qualified or nonqualified
retirement benefits, and other benefits generally provided to Similarly Situated Executives other than country club membership dues and accrual of vacation) that Executive was receiving or was entitled to receive as of the Termination Date, except
that long-term disability and short-term disability benefits shall cease on Executive’s last day worked as an employee of the Company, but if Executive becomes employed full-time during the Severance Period, Executive’s entitlement to
continued participation in any medical, dental or other group health plan sponsored by the Company shall immediately cease, except that Executive shall retain any rights to continue coverage under the COBRA continuation provisions of such
Company’s group health care plans by paying the applicable premium therefor. 

  

	 	(iv)	During the Severance Period, the Company will pay for outplacement counseling by a firm selected by the Company to continue until the earlier of such time as Executive becomes
re-employed or the end of the Severance Period. 

  

	 	(v)	The end of the Severance Period will be treated as Executive’s termination date for purposes of the Company’s stock option and restricted stock unit programs.

  

 10 

 In all events, Executive’s right to receive the Severance Benefits shall cease immediately if Executive is
re-employed by the Company or an Affiliate of the Company or if Executive breaches any of the Restrictive Covenants. In all cases, the Company’s rights under Section 6 shall continue. 
 5.02. Other Provisions Regarding Payments and Benefits 
  

	(a)	No Mitigation; No Offset 

 In the event of any
termination of employment resulting in payments under this Section 5, Executive need not seek other employment and, except as expressly provided herein, there shall be no offset against amounts due to Executive under this Agreement on account
of any remuneration attributable to any subsequent employment that Executive may obtain. 
  

	(b)	Settlement and Release 

 The payments and benefits
provided for hereunder shall be in full settlement and satisfaction of all of Executive’s claims and demands relating to or arising out of Executive’s employment with the Company or the termination thereof; provided, however, such
settlement and release does not apply to (i) any claims Executive may have against the Company under this Agreement and (ii) any rights to indemnification to which Executive is entitled under the Company’s Certificate of
Incorporation, Bylaws, Kansas common or statutory law, or any other applicable indemnification agreements entered into between Executive and the Company. The Company’s obligation to provide such payments and benefits is expressly made subject
to and conditioned upon (i) Executive’s execution, within forty-five (45) days after the Termination Date, of a release of such claims and demands in such form as the Company may reasonably determine and (ii) Executive’s
non-revocation of such release in accordance with the terms thereof. 
  

	(c)	Nature of Payments 

 Any amounts due under this
Section 5 are in the nature of severance payments considered to be reasonable by the parties and are not in the nature of a penalty. 
  

	(d)	Benefit Plans 

 If, for any period during which
Executive is entitled to continued benefits under this Section 5, the Company reasonably determines that Executive cannot participate in any benefit plan because Executive is not actively performing services for the Company, then, in lieu of
providing benefits under any such plan, the Company shall provide comparable benefits or the cash equivalent of the cost thereof (after taking into account incremental payroll and income tax consequences thereof to Executive and Executive’s
dependents as the case may be) to Executive and, if applicable, Executive’s dependents through other arrangements. 
  

	(e)	Other Severance Arrangements 

 Except as may be
specifically provided in an amendment of this Section 5.02(e) adopted in accordance with this Agreement, Executive’s rights under Section 5 shall be in lieu of any benefits that may be otherwise payable to or on behalf of Executive
pursuant to the terms of any Company separation plans or policies or any other similar arrangement of the Company providing benefits upon termination of employment. 
  

	(f)	Time of Payments 

 If the amount of any payment
provided for in Section 5.01 cannot reasonably be calculated on or before the date on which such payment is due, the Company shall pay to Executive on such date an estimate, as calculated in good faith by the Company, of the minimum amount of
such payment and shall pay the remainder of such payments when reasonably calculable. 
  

 11 

 6. Enforcement and Equitable Remedies 
 Executive consents to jurisdiction and venue in the state and federal courts in and for Johnson County, Kansas, for all disputes arising under this Agreement; provided, however, that the Company may seek injunctive
relief in any court of competent jurisdiction to enjoin any violation of Sections 4.02 through 4.07 (the “Restrictive Covenants”). Executive acknowledges that the Company would be irreparably injured by a violation of any of the
Restrictive Covenants, and Executive agrees that the Company, in addition to any other remedies available to it for any breach or threatened breach, shall be entitled to a preliminary or permanent injunction, temporary restraining order, or other
equitable relief, restraining Executive from any actual or threatened breach of any of the Restrictive Covenants. If a bond is required to be posted in order for the Company to secure an injunction or other equitable remedy, the parties agree that
the bond need not be more than a nominal sum. THE COMPANY AND EXECUTIVE VOLUNTARILY WAIVE ANY RIGHT TO TRIAL BY JURY AND CONSENT TO A BENCH TRIAL OF ALL DISPUTES ARISING UNDER THIS AGREEMENT. 
 If Executive materially breaches any of the Restrictive Covenants or if any of those provisions are held to be unenforceable against Executive, Executive shall return
any compensation or benefits paid pursuant to Section 5. Moreover, if Executive’s breach occurs within the five-year period beginning on the Effective Date, Executive shall return to the Company the stock received with respect to the
Stock-Based Award, or, if Executive has disposed of such stock, an amount equal to the fair market value thereof on the date of disposition. This remedy is a return of consideration and shall be in addition to any other remedies. During
Executive’s employment with the Company, the Committee shall determine whether Executive has materially breached the Restrictive Covenants, and the Committee’s determination shall be final. 
 7. Definitions 
 As used in this
Agreement, the following terms shall have the meanings set forth below. 
 7.01. Actual Incentive Payout 
 “Actual Incentive Payout” means, with respect to a Performance Period, the product of (1) the Performance Measure for the Performance Period and
(2) Executive’s Targeted Compensation for the Performance Period. 
 7.02. Affiliate 
 “Affiliate” means, with respect to any person, a person, other than a Subsidiary of such person, (i) controlling, controlled by, or under common control
with such person and (ii) any other person with whom such person reports consolidated financial information for financial reporting purposes. “Control” for this purpose means direct or indirect possession by one person of voting or
management rights of at least 20% with respect to another person. 
 7.03. Base Salary 
 “Base Salary” shall have the meaning as defined in Section 2.01 of this Agreement. 
  

 12 

 7.04. Board 
 “Board” shall mean the Board of Directors of Sprint. 
 7.05. Capped Incentive Payout 
 “Capped Incentive Payout” means with respect to a
Performance Period under the Incentive Plan, the product of (1) the lesser of (a) 100% and (b) the Performance Measure for the Performance Period and (2) Executive’s Targeted Compensation for the Performance Period.

 7.06. Cause 
 Termination by the Company of Executive’s employment for “Cause” means termination upon 
  

	 	(i)	the willful and continued failure by Executive to substantially perform Executive’s duties with the Company (other than any such failure resulting from Executive’s
incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to Executive by the Company, which demand specifically identifies the manner in which the Company believes that Executive has not
substantially performed Executive’s duties, or 

  

	 	(ii)	the willful engaging by Executive in conduct that is a violation of the Company’s Principles of Business Conduct (or any successor code of conduct), or

  

	 	(iii)	the willful act, or failure to act, by Executive that is injurious to the Company, or 

  

	 	(iv)	the willful violation by Executive of any of the Restrictive Covenants. 

 For purposes of this definition, no act, or failure to act, on Executive’s part shall be deemed “willful” (x) unless done, or omitted to be done, by Executive not in good faith and without
reasonable belief that Executive’s action or omission was in the best interest of the Company, or (y) unless done, or omitted to be done, by Executive with reckless disregard for Executive’s duties. Failure to meet performance
expectations, unless willful, continuing, and substantial, shall not be considered “Cause.” 
 7.07. Change in Control

 “Change in Control” means the occurrence of any of the following events: 
  

	 	(i)	the acquisition, directly or indirectly, by any “person” or “group” (as those terms are defined in Sections 3(a)(9), 13(d), and 14(d) of the Securities Exchange
Act of 1934 (the “Exchange Act”) and the rules thereunder, including, without limitation, Rule 13d-5(b)) of “beneficial ownership” (as determined pursuant to Rule 13d-3 under the Exchange Act) of securities entitled to
vote generally in the election of directors (“voting securities”) of Sprint that represent 30% or more of the combined voting power of Sprint’s then outstanding voting securities, other than 

  

	 	(A)	an acquisition by a trustee or other fiduciary holding securities under any employee benefit plan (or related trust) sponsored or maintained by Sprint or any person controlled by
Sprint or by any employee benefit plan (or related trust) sponsored or maintained by Sprint or any person controlled by Sprint, or 

  

 13 

	 	(B)	an acquisition of voting securities by Sprint or a corporation owned, directly or indirectly, by the stockholders of Sprint in substantially the same proportions as their ownership
of the stock of Sprint, or 

  

	 	(C)	an acquisition of voting securities pursuant to a transaction described in clause (iii) below that would not be a Change in Control under clause (iii);

  

	 	(ii)	a change in the composition of the Board that causes less than a majority of the directors of Sprint to be directors that meet one or more of the following descriptions:

  

	 	(A)	a director who has been a director of Sprint for a continuous period of at least 24 months, or 

  

	 	(B)	a director whose election or nomination as director was approved by a vote of at least two-thirds of the then directors described in clauses (ii)(A), (B), or (C) by prior
nomination or election, but excluding, for the purpose of this subclause (B), any director whose initial assumption of office occurred as a result of an actual or threatened (y) election contest with respect to the election or removal of
directors or other actual or threatened solicitation of proxies or consents by or on behalf of a person or group other than the Board or (z) tender offer, merger, sale of substantially all of Sprint’s assets, consolidation, reorganization,
or business combination that would be a Change in Control under clause (iii) on consummation thereof, or 

  

	 	(C)	who were serving on the Board as a result of the consummation of a transaction described in clause (iii) that would not be a Change in Control under clause (iii);

  

	 	(iii)	the consummation by Sprint (whether directly involving Sprint or indirectly involving Sprint through one or more intermediaries) of (x) a merger, consolidation, reorganization,
or business combination or (y) a sale or other disposition of all or substantially all of Sprint’s assets or (z) the acquisition of assets or stock of another entity, in each case, other than in a transaction 

 

	 	(A)	that results in Sprint’s voting securities outstanding immediately before the transaction continuing to represent (either by remaining outstanding or by being converted into
voting securities of Sprint or the person that, as a result of the transaction, controls, directly or indirectly, Sprint or owns, directly or indirectly, all or substantially all of Sprint’s assets or otherwise succeeds to the business of
Sprint (Sprint or such person, the “Successor Entity”)) directly or indirectly, at least 50% of the combined voting power of the Successor Entity’s outstanding voting securities immediately after the transaction, and

  

	 	(B)	after which more than 50% of the members of the board of directors of the Successor Entity were members of the Board at the time of the Board’s approval of the agreement
providing for the transaction or other action of the Board approving the transaction (or whose election or nomination was approved by a vote of at least two-thirds of the members who were members of the Board at that time), and

  

 14 

	 	(C)	after which no person or group beneficially owns voting securities representing 30% or more of the combined voting power of the Successor Entity; provided, however, no person or
group shall be treated for purposes of this clause (C) as beneficially owning 30% or more of combined voting power of the Successor Entity solely as a result of the voting power held in Sprint prior to the consummation of the transaction; or

  

	 	(iv)	a liquidation or dissolution of Sprint. 

 For purposes of
clarification, (x) a change in the voting power of Sprint voting securities based on the relative trading values of Sprint’s then outstanding securities as determined pursuant to Sprint’s Articles of Incorporation, or (y) an
acquisition of Sprint securities by Sprint that, in either case, by itself (or in combination only with the other event listed in this sentence) causes the Sprint voting securities beneficially owned by a person or group to represent 30% or more of
the combined voting power of Sprint’s then outstanding voting securities, is not to be treated as an “acquisition” by any person or group for purposes of clause (i) above. For purposes of clause (i) above, Sprint makes the
calculation of voting power as if the date of the acquisition were a record date for a vote of Sprint’s shareholders, and for purposes of clause (iii) above, Sprint makes the calculation of voting power as if the date of the consummation
of the transaction were a record date for a vote of Sprint’s shareholders. 
 7.08. Committee 
 “Committee” means the Compensation Committee of the Board or any successor committee primarily responsible for executive compensation. 
 7.09. Competitive Employment 
 “Competitive
Employment” means the performance of duties or responsibilities, or the supervision of individuals performing such duties or responsibilities, for a Competitor 
  

	 	(i)	(A) that are of a similar nature or employ similar professional or technical skills (for example, executive, managerial, marketing, engineering, legal, etc.) to those employed
by Executive in Executive’s performance of services for the Company at any time during the two years before the Termination Date, and 

  

	 	(B)	that relate to products or services that are competitive with any of the Company’s products or services with respect to which Executive performed services for the Company at
any time during the two years before the Termination Date, 

 or 
  

	 	(ii)	in the performance of which, Proprietary Information to which Executive had access at any time during the two-year period before the Termination Date could be of substantial
economic value to the Competitor. 

 7.10. Competitor 
 Because of the highly competitive, evolving nature of the Company’s industry, the identities of companies in competition with the Company are likely to change over time. The following tests, while not exclusive
indications of what employment may be competitive, are designed to assist the parties and any court in evaluating whether particular employment is prohibited under this Agreement. 
  

 15 

 “Competitor” means any one or more of the following 
  

	 	(i)	any person doing business in the United States or any of its Divisions employing Executive if the person or its Division receives at least 15% of its gross operating revenues from
providing communications services of any type (for example, voice, data, including Internet, and video), employing any transmission medium (for example, wireline, wireless, or any other technology), over any distance (for example, local,
long-distance, and distance insensitive services), using any protocol (for example, circuit-switched, or packet-based, such as Internet Protocol), or services or capabilities ancillary to such communications services (for example, network security
services); 

  

	 	(ii)	any person doing business in the United States or any of its Divisions employing Executive if the person or its Division receives at least 15% of its gross operating revenue from a
line of business in which the Company receives at least 3% of its gross operating revenues; 

  

	 	(iii)	any person doing business in the United States, or any of its Divisions employing Executive, operating for less than 5 years a line of business from which the Company derives at
least 3% of its gross operating revenues, notwithstanding such person’s or Division’s lack of substantial revenues in such line of business; or 

  

	 	(iv)	any person doing business in the United States, or any of its Divisions employing Executive, if the person or its Division receives at least 15% of its gross operating revenue from
a line of business in which the Company has operated for less than 5 years, notwithstanding the Company’s lack of substantial revenues in such line of business. 

 For purposes of the foregoing, gross operating revenues of the Company and such other person shall be those of the Company or such person, together with
their Consolidated Affiliates, but those of any Division employing or proposing to employ Executive shall be on a stand-alone basis, all measured by the most recent available financial information of both the Company and such other person or
Division at the time Executive accepts, or proposes to accept, employment with or to otherwise perform services for such person. If financial information is not publicly available or is inadequate for purposes of applying this definition, the burden
shall be on Executive to demonstrate that such person is not a Competitor. 
 7.11. Consolidated Affiliate 
 “Consolidated Affiliate” means, with respect to any person, all Affiliates and Subsidiaries of such person, if any, with whom the financial statements of such
person are required, under generally accepted accounting principles, to be reported on a consolidated basis. 
 7.12. Division

 “Division” means any distinct group or unit organized as a segment or portion of a person that is devoted to the production, provision, or
management of a common product or service or group of related products or services, regardless of whether the group is organized as a legally distinct entity. 
  

 16 

 7.13. Employment Term 
 “Employment Term” shall have the meaning as defined in Section 1.03 of this Agreement. 
 7.14.
End Date 
 “End Date” shall have the meaning as defined in Section 1.03 of this Agreement. 
 7.15. Final Targeted Compensation 
 “Final
Targeted Compensation” means the Targeted Compensation of Executive for the Termination Performance Period. 
 7.16. FON Common
Stock 
 “FON Common Stock” means Sprint’s FON Common Stock, Series 1, $2.00 par value per
share. 
 7.17. Good Reason 
 “Good Reason” means the occurrence of any one or more of the following events or circumstances without Executive’s prior written consent unless one or more of the events or circumstances are corrected, in all material
respects, in accordance with Section 1.04(c) of this Agreement: 
  

	 	(i)	unless the Company first offers to Executive a position having an equal or greater grade rating, reassignment of Executive from Executive’s then current position with the
Company to a position having a lower grade rating, in each case under the Company’s methodology of rating employment positions for its employees generally; 

  

	 	(ii)	a reduction within any 24-month period (other than an across-the-board reduction similarly affecting all Similarly Situated Executives) of Executive’s Targeted Total
Compensation to an amount that is less than 90% of Executive’s highest Targeted Total Compensation during the 24-month period; or 

  

	 	(iii)	the Company’s requiring that Executive be based anywhere other than the Kansas City metropolitan area. 

 7.18. Incentive Plan 
 “Incentive Plan”
means the Company’s Management Incentive Plan, together with other incentive compensation plans specifically approved for this purpose by the Committee. 
 7.19. Non-Compete Period 
 “Non-Compete Period” means the 12-month period beginning on the Termination Date.
If Executive breaches or violates any of the covenants or provisions of this Agreement, the running of the Non-Compete Period shall be extended for an additional period equal to the period the breach or violation continues. 
 7.20. Omnibus Plan 
 “Omnibus Plan” means Sprint’s 1997 Long-Term Stock Incentive Program. 
  

 17 

 7.21. Performance Measure 
 “Performance Measure” means, with respect to any Performance Period, a measure, expressed as a percentage, of the extent to which the performance goals were achieved, as determined by the Committee, during
the Performance Period. 
 7.22. Performance Period 
 “Performance Period” means a period of time under the Incentive Plan for which the Committee establishes performance goals for the Company’s business units and authorizes payment of incentive
compensation based on a measure of the extent to which those goals were achieved during the period. 
 7.23. Post I Termination Performance
Period 
 “Post I Termination Performance Period” means the Performance Period immediately following the Termination Performance
Period. 
 7.24. Post II Termination Performance Period 
 “Post II Termination Performance Period” means the Performance Period immediately following the Post I Termination Performance Period. 
 7.25. Proceeding 
 “Proceeding” shall have the meaning as defined in Section 4.08
of this Agreement. 
 7.26. Proprietary Information 
 “Proprietary Information” means trade secrets (such as customer information, technical and non-technical data, a formula, pattern, compilation, program, device, method, technique, drawing, or process) and
other confidential and proprietary information concerning the products, processes, or services of the Company or the Company’s Affiliates, including but not limited to: computer programs, unpatented or unpatentable inventions, discoveries or
improvements; marketing, manufacturing, organizational, or research and development results and plans; business and strategic plans; sales forecasts and plans; personnel information, including the identity of other employees of the Company, their
responsibilities, competence, abilities, and compensation; pricing and financial information; current and prospective customer lists and information on customers or their employees; information concerning purchases of major equipment or property;
and information about potential mergers, acquisitions or other transactions which information: (i) has not been made known generally to the public, and (ii) is useful or of value to the current or anticipated business, or research or
development activities of the Company or of any customer or supplier of the Company, or (iii) has been identified to Executive as confidential by the Company, either orally or in writing. 
 7.27. Restrictive Covenants 
 “Restrictive
Covenants” shall have the meaning as defined in Section 6 of this Agreement. 
 7.28. Severance Benefits 
 “Severance Benefits” shall have the meaning as defined in Section 5.01 of this Agreement. 
  

 18 

 7.29. Severance Period 
 “Severance Period” shall have the meaning as defined in Section 5.01(i) of this Agreement. 
 7.30.
Similarly Situated Executives 
 “Similarly Situated Executives” means those executives of the Company that hold employment
positions similar in status or level to that of Executive. 
 7.31. SpinCo 
 “SpinCo” means the business entity which following the Spin-off owns the business spun off in the Spin-off and its Subsidiaries. 
 7.32. Spin-off 
 “Spin-Off” means the
spin-off resulting in a single publicly-traded entity which owns, directly or indirectly, all or substantially all of the local telecommunications businesses of Sprint as contemplated by the Agreement and Plan of Merger entered into as of
December 15, 2004 by and among Sprint Corporation, a Kansas corporation, Nextel Communications, Inc., a Delaware corporation and S-N Merger Sub, a Delaware corporation wholly owned by Sprint. 
 7.33. Sprint 
 “Sprint” has the meaning
accorded such term in the introductory paragraph of this Agreement. Anything herein to the contrary notwithstanding, from and after the Spin-off, where appropriate to the intention of the parties, references to Sprint shall be deemed references to
SpinCo. 
 7.34. Stock-Based Award 
 “Stock-Based Award” means an award granted under Section 3. 
 7.35. Subsidiary 
 “Subsidiary” means, with respect to any person (the “Controlling Person”), all other persons (the “Controlled Persons”) in
whom the Controlling Person, alone or in combination with one or more of its Subsidiaries, owns or controls more than 50% of the management or voting rights, together with all Subsidiaries of such Controlled Persons. 
 7.36. Targeted Compensation 
 “Targeted
Compensation” means the amount established by the Committee that would be the payout under the Incentive Plan, if the Performance Measure for the Performance Period were 100%. 
 7.37. Targeted Total Compensation 
 “Targeted Total Compensation” means, as of any
time, the sum of Executive’s (1) Base Salary, (2) Targeted Compensation, and (3) targeted value of Executive’s annual stock option award, annual restricted stock or restricted stock unit award (ignoring the value of the
options, restricted stock or restricted stock units granted on the Effective Date) as adopted by the Committee. 
  

 19 

 7.38. Termination Date 
 “Termination Date” means (i) in the case of a termination of Executive’s employment by reason of Executive’s death, Executive’s date of death, (ii) in the case of a termination of
Executive’s employment for Good Reason, the date which is thirty (30) days after the notice of termination is given, and (iii) in all other cases, the date of any notice of termination or the date, if any, on which the notice declares
itself to be effective (but in no event later than the 60th day after the date on which such notice is given). 
 7.39. Termination Performance
Period 
 “Termination Performance Period” means the Performance Period in which Executive’s
Termination Date occurs. 
 7.40. Termination Period Incentive Payout 
 “Termination Period Incentive Payout” means an amount equal to the weighted average of (1) the Actual Incentive Payout for the Termination Performance
Period and (2) the Capped Incentive Payout for the Termination Performance Period. The weights in the weighted average will be for the amount in clause (1), the number of months in the Performance Period occurring before the Termination Date,
and, for clause (2), the number of months in the Performance Period occurring after the Termination Date and before the end of the Severance Period, in each case divided by the number of months in the Performance Period. In determining the number of
months, the Termination Date will be rounded to the nearest month, rounding to the beginning of the month if the Termination Date falls on or before the 15th of the month and to the beginning of the following month if the Termination Date falls
after the 15th of the month. 
 7.41. Total Disability 
 “Total Disability” shall have the same meaning as in Sprint’s Long-Term Disability Plan, as amended from time to time or any successor plan. 
 8. Assignability, Binding Nature 
 This Agreement shall be binding
upon and inure to the benefit of the parties and their respective successors, heirs (in the case of Executive), and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that they
may be assigned or transferred to any subsidiary of Sprint or pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substantially all of the assets of the Company, but only if
the assignee or transferee becomes the successor to all or substantially all of the assets of the Company and assumes the liabilities, obligations, and duties of the Company, as contained in this Agreement, either contractually or as a matter of
law. The Company further agrees that, in the event of a sale of assets or liquidation as described in the preceding sentence, it will take whatever action it legally can in order to cause the assignee or transferee to expressly assume the
liabilities, obligations, and duties of the Company hereunder. 
 No rights or obligations of Executive under this Agreement may be assigned or transferred
by Executive other than Executive’s rights to compensation and benefits, which may be transferred only in connection with Executive’s estate planning objectives or by will or operation of law. If Executive should die or become disabled
while any amount is owed but unpaid to Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid to Executive’s legal guardian or to Executive’s devisee, legatee or other designee, as the case may be, or if
there is no such designee, to Executive’s estate. 
  

 20 

 9. Amendment 
 This
Agreement may be amended, modified, or canceled only by mutual agreement of the parties in writing. 
 10. Applicable Law 
 The provisions of this Agreement shall be construed in accordance with the internal laws of the State of Kansas, without regard to the conflict of law provisions of any
state. 
 11. Tax Withholding 
 All payments made pursuant
to this Agreement shall be subject to applicable federal, state and local income and other withholding taxes, and to other applicable withholdings or deductions elected by Executive or otherwise required by law or judicial process. 
 12. Severability 
 The parties intend the various provisions of this
Agreement to be severable and to constitute independent and distinct binding obligations. If any provision of this Agreement is determined to be invalid, illegal, or incapable of being enforced, in whole or in part, it shall not affect or impair the
validity of any other provision or part of this Agreement, and the provision or part shall be deemed modified to the minimum extent required to permit enforcement. Upon such a determination that any term or other provision is invalid, illegal, or
incapable of being enforced, the court or arbitrator, as applicable, shall have the authority to so modify the provision or term. If the provision or term is not modified by the court or arbitrator, the parties must negotiate in good faith to modify
this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the provisions of this Agreement are preserved to the greatest extent possible. 
 13. Waiver of Breach 
 No waiver by any party hereto of a breach of
any provision of this Agreement by any other party, or of compliance with any condition or provision of this Agreement to be performed by such other party, will operate or be construed as a waiver of any subsequent breach by the other party of any
similar or dissimilar provisions and conditions at the same or any prior or subsequent time. The failure of either party to take any action by reason of such breach will not deprive the party of the right to take action at any time while the breach
continues. 
 14. Notices 
 Notices and all other
communications provided for in this Agreement shall be in writing and shall be delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid, or prepaid overnight courier to the parties at the addresses set
forth below or at such other addresses as shall be specified by the parties by like notice: 
  

			
	 If to Executive:
	 	If to Company:
		
	 Melanie Coleman
 8505 Lee Blvd
 Leawood, Kansas 66206
	 	 Sprint Corporation
 Attn: Corporate Secretary
 6200 Sprint Parkway
 Overland Park, KS 66251

		
		 	 with copy to:

		
		 	 Sprint Corporation
 Attn: General Counsel

6200 Sprint Parkway
 Overland Park, KS 66251

  

 21 

 or to the latest address furnished by Executive to Company for purposes of general communications. 
 Each party, by written notice furnished to the other party, may modify the applicable delivery address, but any notice of change of address shall be effective only upon
receipt. Such notices, demands, claims and other communications shall be deemed given in the case of delivery by overnight service with guaranteed next day delivery, the next day or the day designated for delivery; or in the case of certified or
registered U.S. mail, five days after deposit in the U.S. mail, but in no event will any such communications be deemed to be given later than the date they are actually received. 
 15. Survivorship 
 Upon the expiration or other termination of this Agreement, the respective rights and obligations
of the parties shall survive the expiration or other termination to the extent necessary to carry out the intentions of the parties under this Agreement. In particular, without limiting the generality of the preceding sentence, any obligation of the
Company to make payments or provide services under Section 5 shall continue beyond the end of the Employment Term and the obligations and covenants of Executive set forth in Section 4, and the rights and remedies of the Company with
respect thereto, shall continue beyond the Employment Term to the extent contemplated therein. 
 16. Entire Agreement 
 Except as otherwise noted herein, this Agreement constitutes the entire agreement between the parties concerning the subject matter specifically addressed herein and,
except for the terms and provisions of any other employee benefit or other compensation plans (or any agreements or awards thereunder) referred to herein or contemplated hereby, this Agreement supersedes all prior and contemporaneous oral
agreements, if any, between the parties relating to the subject matter specifically addressed herein. 
 17. Headings 
 The headings in this Agreement are for convenience of reference only and will not affect the construction of any of its provisions. 
 18. Counterparts 
 This Agreement may be executed in separate
counterparts, each of which is deemed to be an original and all of which taken together constitute one and the same agreement. 
 IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date set forth above. 
  

 22 

			
	SPRINT CORPORATION
		
	By:	 	 /s/ Gene M. Betts

		 	Gene M. Betts,
		 	Senior Vice President and Treasurer
	
	Sprint/United Management Company
		
	By:	 	 /s/ Gene M. Betts

		 	Gene M. Betts,
		 	Senior Vice President and Treasurer
		
		 	 /s/ Melanie Coleman

		 	Melanie Coleman, “Executive”

  

 23 

 Exhibit A 
 Boards of Directors of For-Profit Businesses 
  

 24

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