Document:

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                                                                 Exhibit (10)(u)

                Special Compensation and Non-Compete Agreement

This Agreement is entered into as of the 6th day of August, 1999 (the "Grant
Date"), by and between Sprint Corporation, a Kansas corporation ("Sprint," and
it, together with its Subsidiaries, the "Employer"), and Vonya B. McCann
("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 her agreement to work for Employer, Employee will gain
        access to 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 her employment
        with Employer.

Capitalized terms are defined in Section 5 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 her 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.

2.01.   Exclusivity of Services.

Employee shall, during her employment with Employer, owe an undivided duty of
loyalty to Employer and agrees to devote her entire business time and attention
to the performance of those duties and responsibilities and to use her 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)

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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.

2.02.   Proprietary Information.

Employee acknowledges that during the course of her employment she has learned
or will learn or develop Proprietary Information. Employee further acknowledges
that unauthorized disclosure or use of such Proprietary Information, other than
in discharge of Employee's duties, will cause Employer irreparable harm.

Except in the course of her 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 her employment or at any
time following termination of her employment, directly or indirectly, disclose,
publish, communicate, or use on her behalf or another's behalf, any Proprietary
Information. If during or after her employment Employee has any questions about
whether particular information is Proprietary Information she shall consult with
Employer's Corporate Secretary.

2.03.   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 her employment with Employer upon Constructive
      Discharge.

If Employee ceases to be employed by Employer because of the sale, spin-off,
divestiture, or other disposition by Employer of the Subsidiary, division, or
other divested unit employing Employee, 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 disposed of by 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.

Employee's representation of a Competitor of Employer in the private practice of
law as a member of a law firm shall not be deemed as breaching this
Non-Competition covenant.

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2.04.   Inducement of Employees, Customers and Others.

During the term of her 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 she has worked or about whom she 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.

2.05.   Return of Employer's Property.

Employee shall, upon termination of her employment with Employer, return to
Employer all property of Employer in her 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.

2.06.   Exit Interview.

At Employer's request, Employee shall participate in an exit interview prior to
her Severance Date to provide for the orderly transition of her duties, to
arrange for the return of Employer's property, to discuss her intended new
employment, and to discuss and complete such other matters as may be necessary
to ensure full compliance with this Agreement.

2.07.   Confidentiality of Agreement.

Employee shall not disclose or discuss the existence of this Agreement, the
Special Compensation, or any other terms of the Agreement except

 (i)   to members of her immediate family,

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

 (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 her legal rights.

3.  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 Special Compensation plus any
vacation pay for vacation accrued but not taken by Employee on her Severance
Date, if

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

(ii) Employee terminates her 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 if (1) Employee is reemployed by Employer, (2) Employee
materially breaches this Agreement, or (3) Employee, while bound by the
provisions of Section 2.03, represents a Competitor of Employer in the private
practice of law as permitted by the last sentence of Section 2.03.

4.  Dispute Resolution.

4.01.   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.

4.02.   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 her 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 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, Employee shall return
any Special Compensation paid pursuant to this Agreement. 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.

5.  Definitions.

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5.01.   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.

5.02.   Change in Control.

"Change in Control" means the occurrence of any of the following events:

 (i)   the acquisition by any "person" or "group" as such terms are defined in
       Sections 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,

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

       (C) Deutsche Telekom AG or France Telecom, individually or collectively;

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

 (ii)  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 this clause (ii) of this
           Section 5.02 by prior nomination or election; or

 (iii) the shareholders of Sprint approve a merger (in which Sprint is not the
       surviving operating entity), consolidation, liquidation, or dissolution
       of Sprint, or a sale of all or substantially all of the assets of Sprint;
       or

 (iv)  the acquisition by Deutsche Telekom AG or France Telecom, individually or
       collectively, of additional securities of the Company that would result
       in their possessing in the aggregate 35% or more of the combined voting
       power of the Company's then outstanding securities.

5.03.  Committee.

"Committee" means the Organization, Compensation, and Nominating Committee of
Sprint's board of directors.

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5.04.   Competitive Employment.

"Competitive Employment" means the performance of duties or responsibilities for
a Competitor of Employer

 (i)  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 her performance of services for Employer at any time during
      the two years before the Severance Date,

 (ii) 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

(iii) 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.

5.05. 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

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

 (ii) 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;

(iii) 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

 (iv) 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.

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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.

5.06.   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.

5.07.   Constructive Discharge.

"Constructive Discharge" means termination by the Employee of her employment
with the Employer by written notice given within 60 days following one or more
of the following events:

 (i)  unless Employer first offers to Employee a position having an equal or
      greater grade rating, reassignment of Employee from her 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;

 (ii) 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

(iii) a change in the Employee's base employment area to anywhere other than the
      Washington, D.C., metropolitan area within one year following a Change in
      Control.

5.08.   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.

5.09.   Person.

"Person" means any individual, corporation, partnership, association, company,
or other entity.

5.10.   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, in-

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cluding 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: (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
Employer or of any customer or supplier of Employer, or (iii) has been
identified to Employee as confidential by Employer, either orally or in writing.

5.11.   Severance Date.

"Severance Date" means the last day on which Employee actually performs services
as an employee of Employer.

5.12.   Severance Period.

"Severance Period" means the 18-month period beginning on Employee's Severance
Date.

5.13.   Special Compensation.

"Special Compensation" means Employee's right

 (i)  to continue to receive during the Severance Period periodic compensation
      at the same rate as her base salary in effect at the Employee's Severance
      Date;

 (ii) 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

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

      (B) 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;

(iii) 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

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

       (B) 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;

(iv)   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 her 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;

(v)    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 her Severance Date;

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

(vii)  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

(viii) 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.

5.14.   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.

5.15.   Termination for Cause.

"Termination for Cause" means termination by Employer of Employee's employment
because of

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(i)  conduct by the Employee that violates the Employers 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.

5.16.   Total Disability.

"Total Disability" shall have the same meaning as in Sprint's Long Term
Disability Plan, as amended from time to time.

6.  General Provisions.

6.01.   Obligations to Survive Termination of Employment.

Employee's obligations under this Agreement shall survive her termination of
employment with Employer.

6.02.   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.

6.03.   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.

6.04.   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.

6.05.   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.

6.06.   Notices.

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Any notice or other communication required or permitted to be given hereunder
shall be determined to have been duly given to any party

 (i)   upon actual receipt at the address of such party specified below if
       delivered personally or by regular U.S. mail;

 (ii)  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;

 (iii) 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:              If to Employer:

           Vonya B. McCann              Sprint Corporation
           2911 Fessenden St., N.W.     Attn: Corporate Secretary
           Washington, D.C.             2330 Shawnee Mission Parkway
                                        Westwood, KS 66205
                                        FAX: (913) 624-2256

     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.

6.07.   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.

6.08.   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.

6.09.   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.

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In Witness Whereof, the parties have caused this Agreement to be duly executed
and effective as of August 6, 1999.

                               Sprint Corporation

                               by: /s/ Don A. Jensen
                                  Don A. Jensen, Vice President and
                                  Secretary

                                  /s/ Vonya B. McCann
                                  Vonya B. McCann, Employee

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                Special Compensation and Non-Compete Agreement

This Agreement is entered into as of the 9th day of December, 1997 (the
"Effective Date"), by and between Sprint Corporation, a Kansas corporation
("Sprint," and it, together with its Subsidiaries, the "Employer"), and Thomas
E. Weigman ("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 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.

2.01.  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

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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.

2.02.  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 Proprietary 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.

2.03.  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 the sale, spin-off,
divestiture, or other disposition by Employer of the subsidiary, division, or
other divested unit employing Employee, 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 disposed of by the Employer
shall not be deemed a violation of this provision.

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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.

2.04.  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.

2.05.  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.

2.06.  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.

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2.07.  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

 (i)  to members of his immediate family,

(ii)  to his financial advisor or attorney, but then only to the extent
      necessary for them to assist him,

(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 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.

3.01.  Alternative Award of Restricted Stock.

If Employee elects to receive Restricted Stock, this Section 3.01 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 7,500 shares of restricted stock
under Sprint's 1990 Restricted Stock Plan, the terms of which are hereby
incorporated into this Agreement by this reference.

(a) 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.

(b) 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

                                  4
<PAGE>

    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 (i) bear an appropriate legend
    referring to the terms, conditions, and restrictions applicable to the award
    or (ii) 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.

3.02.  Alternative Award of Stock Options.

If Employee elects to receive stock options, this Section 3.02 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 30,000 shares of Sprint common stock at a price of $56.50 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 December 9, 2007. The terms of the 1990 Stock Option
Plan are hereby incorporated into this Agreement by reference.

3.03.  Provisions Applicable to Awards of both Restricted Stock and Stock
       Options.

(a) Acceleration of Stock-Based Awards.

    (1) 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 the first
        anniversary of the Effective Date, 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

                                  5
<PAGE>

         (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.

    (2) 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.

    (3) 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.

(b) 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

                                  6
<PAGE>

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

    Except as to clause (iii), this provision applies regardless of what
    subsequent employment Employee may take.

(c) 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 Special Compensation plus 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 Termination for Cause or 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 if Employee is re-employed by Employer or Employee
materially breaches this Agreement.

5.  Dispute Resolution.

5.01.  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.

                                  7
<PAGE>

5.02.  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.

6.01.  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.

                                  8
<PAGE>

6.02.  Change in Control.

"Change in Control" means the occurrence of any of the following events:

 (i)  the acquisition, without the approval of a majority of the directors
      described in clause (ii) of this Section 6.02, by any "person" or "group"
      as such terms are defined in Sections 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,

      (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, or

      (C) Deutsche Telekom AG or France Telecom, individually or collectively;

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

(ii)  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 this clause (ii) of this
          Section 6.02 by prior nomination or election; or

(iii) the shareholders of Sprint approve a merger (in which Sprint is not the
      surviving operating entity), consolidation, liquidation, or dissolution of
      Sprint, or a sale of all or substantially all of the assets of Sprint; or

(iv)  the acquisition by Deutsche Telekom AG or France Telecom, individually or
      collectively, of additional securities of the Company that would result in
      their possessing in the aggregate 35% or more of the combined voting power
      of the Company's then outstanding securities.

6.03.  Committee.

"Committee" means the Organization, Compensation, and Nominating Committee of
Sprint's board of directors.

                                  9
<PAGE>

6.04.  Competitive Employment.

"Competitive Employment" means the performance of duties or responsibilities for
a Competitor of Employer

 (i)  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,

(ii)  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

(iii) 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.

6.05.  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

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

(ii)  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;

(iii) 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

                                 10
<PAGE>

      of substantial revenues in such line of business; and

(iv)  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.

6.06.  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.

6.07.  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:

 (i)  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;

(ii)  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

(iii) 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.

6.08.  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.

                                 11
<PAGE>

6.09.  Person.

"Person" means any individual, corporation, partnership, association, company,
or other entity.

6.10.  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: (i) has not been made generally to the public; and (ii) 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 (iii) has
been identified to Employee as confidential by Employer, either orally or in
writing.

6.11.  Severance Date.

"Severance Date" means the last day on which Employee actually performs services
as an employee of Employer.

6.12.  Severance Period.

"Severance Period" means the 18-month period beginning on Employee's Severance
Date.

6.13.  Special Compensation.

"Special Compensation" means Employee's right

 (i) 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;

(ii) 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

                                 12
<PAGE>

     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

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

     (B) 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;

(iii) 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

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

     (B) 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;

(iv) 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;

                                 13
<PAGE>

(v)    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;

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

(vii)  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

(viii) 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.

6.14.  Stock-Based Award.

"Stock-Based Award" means the award of restricted stock or stock options as
elected by Employee under Section 3 of this Agreement.

6.15.  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.

6.16.  Termination for Cause.

"Termination for Cause" means termination by Employer of Employee's employment
because of

 (i) conduct by the  Employee  that  violates  the  Employers  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.

                                 14
<PAGE>

6.17.  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.

7.01.  Obligations to Survive Termination of Employment.

Employee's obligations under this Agreement shall survive his termination of
employment with Employer.

7.02.  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.

7.03.  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.

7.04.  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.

7.05.  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.

7.06.  Notices.

Any notice or other communication required or permitted to be given hereunder
shall be determined to have been duly given to any party

                                 15
<PAGE>

 (i)  upon actual receipt at the address of such party specified below if
      delivered personally or by regular U.S. mail;

(ii)  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;

(iii) 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:             If to Employer:

            Thomas E. Weigman           Sprint Corporation
            11729 Manor                 Attn: Corporate Secretary
            Leawood, KS 66211           2330 Shawnee Mission Parkway
                                        Westwood, KS 66205
                                        FAX: (913) 624-2256

     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.

7.07.  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.

7.08.  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.

7.09.  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.

                                 16
<PAGE>

In Witness Whereof, the parties have caused this Agreement to be duly executed
and effective as of December 9, 1997.

                                  Sprint Corporation

                                  by: /s/ Don A. Jensen
                                     Don A. Jensen, Vice President
                                     and Secretary

I hereby elect to receive the following as the Stock-Based Award (check one):

___ Restricted Stock

_x_ Stock Options

                                     /s/ Thomas E. Weigman
                                     Thomas E. Weigman, Employee

                                 17<PAGE>

                                                                 Exhibit (10)(v)

                         Directors' Deferred Fee Plan

                                   ARTICLE I
                                    PURPOSE

The purpose of the Sprint Corporation Directors' Deferred Fee Plan (hereinafter
referred to as the "Plan") is to provide funds upon termination of service or
death for Directors (and their Beneficiaries) of Sprint Corporation. It is
intended that the Plan will aid in retaining and attracting Directors of
exceptional ability by providing such Directors with a means to supplement their
standard of living.

                                  ARTICLE II
                                  DEFINITIONS

For the purposes of this Plan, the following words and phrases shall have the
meanings indicated, unless the context clearly indicates otherwise:

2.1  Account Transfer Request. "Account Transfer Request" means a written
notice, in a form prescribed by the Company, by a Participant to transfer all or
any portion of one Deferred Benefit Account to another Deferred Benefit Account
as provided for in paragraph 6.7.

2.2  Amendment of Payment Election Form. "Amendment of Payment Election Form"
means a written notice, in a form prescribed by the Company, filed with the
Company by a Participant to change the manner in which such Participant's
Deferral Benefits are to be paid.

2.3  Beneficiary. "Beneficiary" means the person, persons, or entity designated
by the Participant, as provided in Article VIII, to receive any benefits payable
under the Plan. Any Participant Beneficiary Designation shall be made in a
written instrument filed with the Company and shall become effective only when
received, accepted, and acknowledged in writing by the Company.

2.4  Board "Board" means the Board of Directors of the Company.

2.5  Committee. "Committee" means the Organization, Compensation and Nominating
Committee of the Board.

2.6  Company. "Company" means Sprint Corporation, or any successor thereto.
<PAGE>

2.7   Deferral Benefit. "Deferral Benefit" means the benefit payable to a
Participant on the Participant's death or termination of service as a Director,
as calculated in Article VII hereof.

2.8   Deferred Benefit Account. "Deferred Benefit Account" means the accounts
maintained on the books of account of the Company for each Participant pursuant
to Article VI. Separate Deferred Benefit Accounts shall be maintained for each
Participant. More than one Deferred Benefit Account shall be maintained for each
Participant to reflect (a) separate deferral elections made pursuant to
separately executed Participation Agreements, (b) Account A, Account B, Account
D, Account AA, Account BB, and Account DD elections made by each Participant in
each such Participation Agreement, and (c) One Time Grants.

A Participant's Deferred Benefit Account shall be used solely as a device for
the measurement and determination of the amounts to be paid to the Participant
or the Participant's Beneficiary pursuant to this Plan. A Participant's Deferred
Benefit Account shall not constitute or be treated as a trust fund of any kind.

2.9   Determination Date. "Determination Date" means the date on which the
amount of a Participant's Deferred Benefit Account is determined as provided in
Article VI hereof. The last day of each calendar month shall be a Determination
Date.

2.10  Director.  "Director" means a member of the Board of Directors of the
Company who is not an employee of the Company or its subsidiaries.

2.11  Fee. "Fee" means any cash compensation paid to a Director for his services
as a Director other than a distribution under this Plan.

2.12  FON Share Unit. "FON Share Unit" means a measure of participation under
the Plan having a value based on the market value of one share of FON Common
Stock, Series 1, of the Company.

2.13  Interest Yield. "Interest Yield" means, with respect to any calendar
month, (a) in the case of balances in Account AA, three percentage points over
the composite yield on Moody's Seasoned Corporate Bond Yield Index for the
preceding calendar month as determined from Moody's Bond Record published by
Moody's Investors Services, Inc. (or any successor thereto), or, if such monthly
yield is no longer published, a substantially similar average selected by the
Company, and (b) in the case of balances in Account A, the greater of (i) the
prime rate in effect at Citibank, N.A., at the opening of business on the

                                       2
<PAGE>

first business day of the month, or if said bank, for any reason, no longer
publishes its prime rate, the prime rate similarly determined of another major
bank selected by the Company and (ii) six percent per annum.

2.14  New Director.  "New Director" means a Director who had not accumulated at
least five years of service as a Director as of December 10, 1996 and any
Director who is first elected after such date. Each New Director is entitled to
a One Time Grant.

2.15  One Time Grant, "One Time Grant" means a one time grant to New Directors
of FON Share Units credited into Account B and PCS Share Units credited into
Account D. The number of FON Share Units and the number of PCS Share Units to be
granted to each New Director are determined by the Committee.

2.16  Participant. "Participant" means any New Director and any Director who
elects to participate by filing a Participation Agreement as provided in Article
IV.

2.17  Participation Agreement. "Participation Agreement" means the agreement, in
a form prescribed by the Company, filed by a Participant before the beginning of
the period in which the Participant's Fees are to be deferred pursuant to the
Plan. A new Participation Agreement shall be filed by the Participant for each
separate Fee deferral election.

2.18  PCS Share Unit. "PCS Share Unit" means a measure of participation under
the Plan having a value based on the market value of a share of PCS Common
Stock, Series 1, of the Company.

2.19  Plan. "Plan" means the Sprint Corporation Directors' Deferred Fee Plan as
set forth in this document. This Plan is the successor to, and comprises an
amendment and revision of, the United Telecommunications, Inc., 1985 Directors'
Deferred Fee Plan adopted February 12, 1985.

2.20  Plan Administrator.  "Plan Administrator" means the person appointed by
the Company to represent the Company in the administration of this Plan.

2.21  Plan Year. "Plan Year" means a twelve-month period commencing May 1st and
ending the following April 30th. The first Plan Year commenced May 1, 1985.

2.22  Recapitalization Date. "Recapitalization Date" means November 23, 1998.

                                       3
<PAGE>

2.23  Share Units. "Share Units" means the Share Units credited to Accounts B
and BB prior to the recapitalization of the Company's Common Stock on the
Recapitalization Date.

2.24  Spouse. "Spouse" means a Participant's wife or husband who was lawfully
married to the Participant upon the Participant's death or severance from
service.

2.25  Transition Date. "Transition Date" means May 1, 1990.

                                  ARTICLE III
                                ADMINISTRATION

3.1   Plan Administrator; Company and Committee; Duties. This Plan shall be
administered by the Plan Administrator. Decisions of the Plan Administrator may
be reviewed by the Company through the Committee. Members of the Committee may
be Participants under this Plan. The Company shall also have the authority to
make, amend interpret, and enforce all appropriate rules and regulations for the
administration of this Plan and decide or resolve any and all questions
including interpretations of this Plan as may arise in connection with the Plan.

3.2   Binding Effect of Decisions. The decision or action of the Company in
respect to any question arising out of or in connection with the
administration, interpretation, and application of the Plan and the rules and
regulations promulgated hereunder shall be final and conclusive and binding upon
all persons having any interest in the Plan unless a written appeal is received
by the Company within sixty days of the disputed action. The appeal will be
reviewed by the Committee, and its decision shall be final, conclusive, and
binding on the Participant and on all persons claiming by, through, or under the
Participant.

                                  ARTICLE IV
                                 PARTICIPATION

4.1   Participation. Participation in the Plan shall be limited to New Directors
and Directors, under age 70, who elect to participate in the Plan by filing a
Participation Agreement with the Company. Except as provided below, an initial
Participation Agreement must be filed no later than the March 31st immediately
preceding the Plan Year in which the Participant's participation under the
agreement will commence, and the election to

                                       4
<PAGE>

participate shall be effective on the first day of the Plan Year following
receipt by the Company of a properly completed and executed Participation
Agreement; provided, however, that if March 31st falls on a Saturday, Sunday or
holiday, the filing date for the Participation Agreement shall be no later than
the next business day after March 31st. With respect to an individual becoming a
Director during a Plan Year who thereby becomes eligible to participate in the
Plan, an initial Participation Agreement may be filed within 30 days of the
Company's notification to the Director of the Director's eligibility to
participate, and such election to participate shall be effective on the first
day of the month following the Company's receipt thereof, except that elections
not received by the Company before the 15th day of any calendar month shall be
effective no earlier than the first day of the second month following the month
of receipt.

4.2  Amount of Deferral and Length of Participation. A Participant may elect in
any Participation Agreement to defer up to 100% of the Fees that are expected at
the time of election to be earned in the Plan Year for which the Participation
Agreement relates and all subsequent Plan Years until changed by the
Participant's filing of a new Participant Agreement, provided, the minimum
amount of Fees that may be deferred shall, in each case, be $5,000 per year or
100% of Fees payable, whichever is less.

(a)  The deferral percentage in each Participation Agreement shall be applied to
     the Participant's Fees as they are payable during the period of election.

(b)  A Participant's election to defer Fees shall be irrevocable upon the filing
     of the respective Participation Agreement; provided, however, that the
     deferral of Fees under any Participation Agreement may be suspended or
     amended as provided in paragraphs 7.3 or 9.1.

If a Participant desires to change the percentage of Fees deferred or desires to
cease deferring Fees, the Participant must file a new Participation Agreement.
Such new Participation Agreement must be filed no later than the March 31st
immediately preceding the Plan Year in which the new Participation Agreement is
to take effect, or if March 31st falls on a Saturday, Sunday or holiday, the
next business day after March 31st. The new Participation Agreement shall be
effective as to Fees paid in Plan Years beginning after the last day of the Plan
Year in which the agreement is filed with the Company. Any previously filed
Participation

                                       5
<PAGE>

Agreement will no longer apply to the deferral of fees. Only one Participation
Agreement will be in effect for new deferrals in each Plan Year. In the event a
Participant elects to defer Fees pursuant to a new Participation Agreement, the
new election shall be treated as an arrangement for which a separate Deferred
Benefit Account shall be maintained and separate Deferral Benefits shall be
payable.

                                   ARTICLE V
                                 DEFERRED FEES

5.1  Elective Deferred Fees. The amount of Fees that a Participant elects to
defer in the Participation Agreement executed by the Participant, with respect
to each Plan Year of participation in the Plan, shall be credited by the Company
to the Participant's Deferred Benefit Account throughout each Plan Year as the
Participant is paid. The amount credited to a Participant's Deferred Benefit
Account shall equal the amount deferred, except to the extent that the Company
is required to withhold any taxes or other amounts related to the Participant's
deferred fees pursuant to any federal, state or local law. In the event
withholding is required, the amount required to be withheld shall first be taken
from the Participant's fees that have not been deferred. If these fees are not
sufficient to meet the withholding obligation, the remainder will be taken from
the amount deferred.

5.2  Vesting of Deferred Benefit Account. Participants shall be 100% vested in
their Deferred Benefit Accounts, except for the Account B and Account D
resulting from a One Time Grant. The FON Share Units and PCS Share Units granted
as part of a One Time Grant will vest at the rate of 50% on the fifth
anniversary of the Participant's election as a Director and 10% per year on the
sixth through tenth anniversaries of such election. The FON Share Units and PCS
Share Units resulting from dividend credits on such FON Share Units and PCS
Share Units will vest at the same time as such FON Share Units and PCS Share
Units vest. Any FON Share Units and PCS Share Units that have not vested at the
time of the Participant's termination of service as a Director shall be
forfeited.

                                       6
<PAGE>

                                  ARTICLE VI
                           DEFERRED BENEFIT ACCOUNT

6.1  Determination of Account. Each Participant's Deferred Benefit Account, as
of each Determination Date, shall consist of the balance of the Participant's
Deferred Benefit Account as of the immediately preceding Determination Date plus
the Participant's elective deferred Fees withheld since the immediately
preceding Determination Date pursuant to paragraph 5.1 and plus amounts credited
to the Participant's Deferred Benefit Account pursuant to paragraphs 6.4 and
6.5. The Deferred Benefit Account of each Participant shall be reduced by the
amount of all distributions, if any, made from such Deferred Benefit Account
since the preceding Determination Date.

6.2  Type of Deferral. A Participant may elect to have any portion of the amount
deferred credited to Account A (fixed income return), to Account B (FON Share
Units) or to Account D (PCS Share Units). The initial election shall be made by
a properly executed Participation Agreement. An election to change the
apportionment of deferred amounts between Accounts A, B and D may be made by a
Participant filing with the Plan Administrator a revised Participation Agreement
indicating such change on or before March 31 of each calendar year. The revised
Participation Agreement shall be deemed a continuation of the initial
Participation Agreement to which it relates. The revised Participation Agreement
shall be effective for Plan Years beginning after the date it is filed.

Deferrals in such Plan Years shall be credited in accordance with the election
of the revised Participation Agreement.

6.3  Creation of Accounts AA, BB, D, and DD.

(a)  Accounts AA and BB. As of the start of business on the Transition Date, all
     amounts standing to the credit of each Participant in Account A were
     transferred to an Account AA. As of the start of business on the Transition
     Date, amounts standing to the credit of each Participant in Account B that
     were attributable to prior transfers from Account A into Account B were
     transferred to an Account BB. The amount of such transfers was an amount
     equal to the sum of the dollar amount of all transfers from Account A to
     Account B during the period beginning on the effective date of the
     Participation Agreement and ending on the Transition Date.

                                       7
<PAGE>

     For all purposes of this Plan, except as otherwise noted in this Plan,
     Account AA shall be treated in the same manner as Account A, and Account BB
     shall be treated in the same manner as Account B.

(b)  Accounts D and DD. As of the Recapitalization Date, there was credited to
     an Account D and DD, created for each Participant having a positive balance
     in an Account B or BB with respect to any Plan Year, a number of PCS Share
     Units determined as follows:

     (1)  one-half of a PCS Share Unit in Account D for each Share Unit in
          Account B for such Participant for such Plan Year as of the
          Recapitalization Date; and

     (2)  one-half of a PCS Share Unit in Account DD for each Share Unit in
          Account BB for such Participant for such Plan Year as of the
          Recapitalization Date.

6.4  Maintenance of Accounts A and AA. As of each Determination Date, the
Participant's Deferred Benefit Accounts A and AA shall be increased by the
amount of interest earned since the preceding Determination Date based on the
Interest Yield. Interest shall be credited on the average of the balances of the
Deferred Benefit Account on the Determination Date (before crediting the
interest) and on the last preceding Determination Date, but after the Deferred
Benefit Account has been adjusted for any contributions or distributions to be
credited or deducted for each such day.

6.5  Maintenance of Share Unit Accounts. Accounts B and BB and Accounts D and DD
shall maintain balances in FON Share Units and PCS Share Units, respectively.

(a)  Maintenance of Accounts B and BB.

     (1)  Conversion of Share Units into FON Share Units. As of the
          Recapitalization Date, each Share Unit in Accounts B and BB was
          converted into a FON Share Unit.

     (2)  Conversion between Dollar Amounts and FON Share Units in Accounts B
          and BB. When an amount is to be added to a Participant's Deferred
          Benefit Accounts B or BB, it shall be converted into FON Share Units,
          or fractions thereof, by dividing the amount to be credited by the
          closing

                                       8
<PAGE>

          price of the FON Common Stock, Series 1, as reported by the New York
          Stock Exchange on the last trading day on or before the Determination
          Date. When a number of FON Share Units is to be subtracted from a
          Participant's Deferred Benefit Accounts B or BB, such number of FON
          Share Units shall be converted into a dollar amount by multiplying
          such number of FON Share Units by the closing price of the FON Common
          Stock, Series 1, as reported by the New York Stock Exchange on the
          last trading day on or before the Determination Date.

     (3)  Dividends on FON Share Units. When a dividend is declared and paid by
          the Company on its FON Common Stock, Series 1, an amount shall be
          credited to the Participant's Accounts B and BB as though the same
          dividend had been paid on the FON Share Units in such accounts as of
          the Determination Date immediately preceding the record date for the
          dividend, and such amount shall be converted to FON Share Units. Such
          amount shall be valued as of the Determination Date immediately
          following the payment of the dividend.

     (4)  Effect of Recapitalization. In the event of a stock dividend, stock
          split, or other corporate reorganization involving the FON Common
          Stock, Series 1, the Company shall make equitable adjustment to a
          Participant's Accounts B and BB as may be necessary to give effect to
          such change in the Company's capital structure.

     (5)  Conversion of FON Share Units to Dollars on Distribution. FON Share
          Units in Accounts B and BB shall be converted to an equivalent dollar
          amount before any distribution thereof to a Participant pursuant to
          Article VII. For purposes of distribution, the value of a FON Share
          Unit shall be the average closing price of the FON Common Stock,
          Series 1, on the New York Stock Exchange on the last trading day of
          each of (i) the 12 calendar months immediately preceding the date of
          distribution or (ii) the smaller number of calendar months (including
          part of a month) elapsed from the Recapitalization Date to such
          distribution. If a Participant elects payment in other than a

                                       9
<PAGE>

          lump sum, Share Units shall be so converted to a dollar amount with
          respect to each payment made in the distribution. During the period of
          distribution, dividends and other equitable adjustments shall be
          credited to the Participant's Accounts B and BB in accordance with
          paragraphs 6.5(a)(3) and 6.5(a)(4).

     (b)  Maintenance of Accounts D and DD.

          (1)  Conversion between Dollar Amounts and PCS Share Units in Accounts
               D and DD. When an amount is to be added to a Participant's
               Deferred Benefit Accounts D or DD, it shall be converted into PCS
               Share Units, or fractions thereof, by dividing the amount to be
               credited by the closing price of the PCS Common Stock, Series 1,
               as reported by the New York Stock Exchange on the last trading
               day on or before the Determination Date. When a number of PCS
               Share Units is to be subtracted from a Participant's Deferred
               Benefit Accounts D or DD, such number of PCS Share Units shall be
               converted into a dollar amount by multiplying such number of PCS
               Share Units by the closing price of the PCS Common Stock, Series
               1, as reported by the New York Stock Exchange on the last trading
               day on or before the Determination Date.

          (2)  Dividends on PCS Share Units. When a dividend is declared and
               paid by the Company on its PCS Common Stock, Series 1, an amount
               shall be credited to the Participant's Accounts D and DD as
               though the same dividend had been paid on the PCS Share Units in
               such accounts as of the Determination Date immediately preceding
               the record date for the dividend, and such amount shall be
               converted to PCS Share Units. Such amount shall be valued as of
               the Determination Date immediately following the payment of the
               dividend.

          (3)  Effect of Recapitalization. In the event of a stock dividend,
               stock split, or other corporate reorganization involving the PCS
               Common Stock, Series 1, the Company shall make equitable
               adjustment to a Participant's Accounts D and DD as may be
               necessary to give effect to such change in the Company's capital
               structure.

                                       10
<PAGE>

          (4)  Conversion of PCS Share Units to Dollars on Distribution. PCS
               Share Units in Accounts D and DD shall be converted to an
               equivalent dollar amount before any distribution thereof to a
               Participant pursuant to Article VII. For purposes of
               distribution, the value of a PCS Share Unit shall be the average
               closing price of the PCS Common Stock, Series 1, on the New York
               Stock Exchange on the last trading day of each of (i) the 12
               calendar months immediately preceding the date of distribution or
               (ii) the smaller number of calendar months (including part of a
               month) elapsed from the Recapitalization Date to such
               distribution. If a Participant elects payment in other than a
               lump sum, PCS Share Units shall be so converted to a dollar
               amount with respect to each payment made in the distribution.
               During the period of distribution, dividends and other equitable
               adjustments shall be credited to the Participant's Accounts D,
               and DD in accordance with paragraphs 6.5(b)(2) and 6.5(b)(3).

6.6  Statement of Accounts. The Company shall submit to each Participant, within
120 days after the close of each Plan Year, a statement in such form as the
Company deems desirable, setting forth the balance to the credit of such
Participant in the Participant's Deferred Benefit Accounts A and AA, B and BB,
and D and DD, in each case as of the last day of the preceding Plan Year.

6.7  Transfer Between Accounts. Within the limitations of this paragraph 6.7, a
Participant may elect, by executing an Account Transfer Request: (1) to transfer
all or any portion of the Participant's Account A to Account B or Account D, (2)
to transfer all or any portion of the Participant's Account B to Account A or
Account D, (3) to transfer all or any portion of the Participant's Account D to
Account A or Account B, (4) to transfer all or any portion of the Participant's
Account AA to Account BB or Account DD, (5) to transfer all or any portion of
his Account BB to Account AA or Account DD, and (6) to transfer all or any
portion of his Account DD to Account AA or Account BB. Such election shall be
effective on the last day of the calendar month in which the Plan Administrator
receives the Participant's executed Account Transfer Request. Transfers may not
be made more than four times in any Plan Year, and no such transfer may be made
unless a period of at least three months shall have elapsed from the effective
date of the most recent such

                                       11
<PAGE>

transfer (whether it occurred in the current Plan Year or not) to the effective
date of the current transfer. No part of the Account B or the Account D
resulting from a One Time Grant may be transferred to any other account.

                                  ARTICLE VII
                                   BENEFITS

7.1  Termination of Service as Director. Subject to paragraph 7.4 below, upon
any termination of service of the Participant for reasons other than the
Participant's death, the Company shall pay to the Participant a Deferral Benefit
equal to the amount of the Participant's Deferred Benefit Account determined
under paragraph 6.1 thereof, but excluding any unvested FON Share Units or PCS
Share Units.

7.2  Death. If a Participant dies after the commencement of payments of the
Participant's Deferral Benefit, the Participant's Beneficiary shall continue to
receive the remaining balance of the Participant's Deferred Benefit Account in
accordance with the Participant's election pursuant to paragraph 7.4.

If a Participant dies before any payments of a Deferral Benefit, the amounts to
which the Participant's Beneficiary is entitled shall be determined as follows:

(a)  Accounts A, B, BB, D, and DD shall be the Deferred Benefit Account values
     thereof excluding any unvested FON Share Units or PCS Share Units, and

(b)  Account AA shall be the greater of (i) the Deferred Benefit Account value
     thereof and (ii) ten times the amount of the elected annual fee deferral
     allocated to Account AA pursuant to the Participation Agreement as revised
     on the date of the Participant's death, subject to such conditions relating
     to the Participant's health as the Company may impose.

The Deferral Benefit shall be payable as provided for in paragraph 7.4.

If a Participant's Beneficiary dies before payments of the Participant's
Deferral Benefit are complete, payments will continue to be made to the estate
of the beneficiary in accordance with the Participant's election pursuant to
paragraph 7.4.

                                       12
<PAGE>

The Deferral Benefit provided above shall be in lieu of all other benefits under
this Plan.

7.3  Suspension of Participation; Failure to Continue Participation. The
Committee, in its sole discretion, may suspend the deferral of a Participant's
Fees upon the advanced written request of a Participant on account of financial
hardship suffered by that Participant. A Participant must file any request for
suspension on or before the 15th day preceding the regular payment date on which
the suspension is to take effect. The Committee, in its sole discretion, shall
determine the amount, if any, that will not be deferred by the Participant as a
result of the financial hardship. The suspension of any deferrals under this
paragraph shall not affect amounts deferred with respect to periods before the
effective date of the suspension. A Participant whose deferrals are suspended
may not execute a subsequent Participation Agreement that would take effect
before the beginning of the third Plan Year following the close of the Plan Year
in which the suspension first took effect.

7.4  Form of Benefit Payment

(a)  Upon the happening of an event described in paragraphs 7.1 or 7.2 above,
     the Company shall pay to the Participant or the Participant's Beneficiary
     the amount specified therein (at a time designated in the Participation
     Agreement, but commencing no later than the Company's mandatory termination
     date for Directors) in one of the following forms as elected by the
     Participant, either in the Participation Agreement or the Amendment of
     Payment Election Form filed by the Participant:

     (1)  a lump sum payment.

     (2)  with respect to balances in Accounts A and AA, an annual payment of a
          fixed amount that shall amortize the Deferred Benefit Account balance
          in equal annual payments of principal and interest over a period from
          2 to 20 years. For purposes of determining the amount of the annual
          payment, the assumed rate of interest on Accounts A and AA shall be
          the average of the applicable Interest Yield as of each Determination
          Date for the 60 months preceding the initial annual installment
          payment.

     (3)  with respect to balances in Accounts B and BB, an annual payment over
          a period from 2 to 20 years. Each payment

                                       13
<PAGE>

          shall be the value, as determined pursuant to paragraph 6.5(a)(5), of
          the number of FON Share Units equal to (i) the number of FON Share
          Units in the accounts on the Determination Date immediately following
          the event described in paragraphs 7.1 or 7.2, divided by (ii) the
          number of annual installments elected.

          During the period that a Participant is receiving a distribution from
          Account B or BB, FON Share Unit dividends will be added to the
          Accounts in accordance with subparagraph 6.5(a)(3). Such FON Share
          Unit dividends shall be valued in the same manner as previously
          described, and the value of all such FON Share Units accruing after a
          distribution from Accounts B or BB is made shall be paid to the
          Participant with the next distribution from the account.

     (4)  With respect to balances in Accounts D and DD, an annual payment over
          a period from 2 to 20 years. Each payment shall be the value, as
          determined pursuant to paragraph 6.5(b)(4), of the number of PCS Share
          Units equal to (i) the number of PCS Share Units in the accounts on
          the Determination Date immediately following the event described in
          paragraphs 7.1 or 7.2, divided by (ii) the number of annual
          installments elected.

          During the period that a Participant is receiving a distribution from
          Account D or DD, PCS Share Unit dividends will be added to the
          Accounts in accordance with subparagraph 6.5(b)(2) hereof. Such PCS
          Share Unit dividends shall be valued in the same manner as previously
          described, and the value of all such PCS Share Units accruing after a
          distribution from Accounts D or DD is made shall be paid to the
          Participant with the next distribution from the account.

(b)  A Participant may change the form in which the Participant's benefits shall
     be paid by filing an Amendment of Payment Election Form indicating such
     change at least 13 months before the date upon which the initial payment to
     be made is determined. No such Amendment of Payment Election Form shall
     change the amount elected to be deferred in the Participation Agreement to
     which it relates, nor the time elected for commencement of benefit
     payments.

                                       14
<PAGE>

(c)  In the absence of a Participant's election under subparagraph 7.4(a),
     benefits shall be paid in the form specified in subparagraphs 7.4(a)(2),
     7.4(a)(3), and 7.4(a)(4) over a 15 year period.

7.5  Withholding; Payroll Taxes. To the extent required by the law in effect at
the time payments are made, the Company shall withhold from payments made
hereunder any taxes required to be withheld from a Director's fees for the
federal or any state or local government.

7.6  Commencement of Payments. Unless otherwise provided, payments under this
Plan shall begin within 60 days following receipt of notice by the Company of an
event that entitles a Participant (or a Beneficiary) to payments under this
Plan, or at such earlier date as may be determined by the Company pursuant to
the terms of the Plan. All payments shall be made as of the first day of the
month.

                                 ARTICLE VIII
                            BENEFICIARY DESIGNATION

8.1  Beneficiary Designation. Each Participant shall have the right, at any
time, to designate any person or persons as the Participant's Beneficiary or
Beneficiaries (both principal as well as contingent) to whom payment under this
Plan shall be paid in the event of the Participant's death before complete
distribution to the Participant of the benefits due the Participant under the
Plan.

8.2  Amendments. Any Beneficiary Designation may be changed by a Participant by
the written filing of such change on a form prescribed by the Company. The
filing of a new Beneficiary Designation form will cancel all Beneficiary
Designations previously filed.

8.3  No Beneficiary Designation. If a Participant fails to designate a
Beneficiary as provided above, or if all designated Beneficiaries predecease the
Participant, then the Participant's designated Beneficiary shall be deemed to be
the person or persons surviving the Participant in the first of the following
classes in which there is a survivor, share and share alike:

(a)  The surviving Spouse;

(b)  The Participant's children, except that if any of the children predecease
     the Participant but leave issue surviving, then such issue shall take by
     right of representation the share their parent would have taken if living;

                                       15
<PAGE>

(c)  The Participant's personal representative (executor or administrator).

8.4  Effect of Payment. The payment to the Participant's Beneficiary or the
Beneficiaries' estate shall completely discharge the Company's obligations
relating to the Participant under this Plan.

                                  ARTICLE IX
                       AMENDMENT AND TERMINATION OF PLAN

9.1  Amendment. The Board may at any time amend the Plan in whole or in part;
provided, however, that no amendment shall be effective to decrease or restrict
any Deferred Benefit Account at the time of such amendment.

9.2  Right to Terminate. The Board may at any time terminate the Plan with
respect to new elections to defer if, in its judgment, the continuance of the
Plan, the tax, accounting, or other effects thereof, or potential payments
thereunder would not be in the best interests of the Company. The Board may also
terminate the Plan in its entirety at any time, and upon any such termination,
each Participant (a) who is then receiving a Deferral Benefit shall be paid in a
lump sum, or over such period of time as determined by the Company, the then
remaining balance in the Participant's Deferred Benefit Account, and (b) who has
not received a Deferral Benefit shall be paid in a lump sum, or over such period
of time as determined by the Company, the balance in the Participant's Deferred
Benefit Account.

                                   ARTICLE X
                                 MISCELLANEOUS

10.1 Unsecured General Creditor. Participants and their Beneficiaries shall have
no legal or equitable rights, claims, or interests in any property or assets of
the Company or its subsidiaries, nor shall they be Beneficiaries of, or have any
rights, claims, or interests in any life insurance policies, annuity contracts
or the proceeds therefrom owned or that may be acquired by the Company
("Policies"). Such Policies or other assets of the Company and its subsidiaries
shall not be held under any trust for the benefit of Participants or their
Beneficiaries or held in any way as collateral security for the fulfilling of
the obligations of the Company under this Plan. Any and all of such assets and
Policies shall be and remain the general, unpledged, unrestricted assets of the
Company and

                                       16
<PAGE>

its subsidiaries. The Company's obligation under the Plan shall be merely that
of an unfunded and unsecured promise of the Company to pay money in the future.

10.2 Nonassignability. Neither a Participant nor any other person shall have any
right to commute, sell, assign, transfer, pledge, anticipate, mortgage or
otherwise encumber, transfer, hypothecate or convey in advance of actual receipt
the amounts, if any, payable hereunder, or any part thereof, which are, and all
rights to which are, expressly declared to be unassignable and non-transferable.
No part of the amounts payable shall, before actual payment, be subject to
seizure or sequestration for the payment of any debts, judgments, alimony, or
separate maintenance owed by a Participant or any other person, nor be
transferable by operation of law in the event of a Participant's or any other
person's bankruptcy or insolvency.

10.3 Not a Contract of Service. The terms and conditions of this Plan shall not
be deemed to constitute a contract of service between the Company and the
Participant, and the Participant (or the Participant's Beneficiary) shall have
no rights against the Company except as may otherwise be specifically provided
herein. Moreover, nothing in this Plan shall be deemed to give a Participant the
right to be retained as a Director.

10.4 Protective Provisions. A Participant will cooperate with the Company by
furnishing any and all information requested by the Company, in order to
facilitate the payment of benefits hereunder, by taking such physical
examinations as the Company may deem necessary, and by taking such other action
as may be requested by the Company.

10.5 Applicable Law. The Plan, and any Participation Agreement related thereto,
shall be governed by the laws of the State of Kansas, without regard to the
principles of conflicts of law.

                                       17

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