Document:

FIRST SUPPLEMENTAL INDENTURE DATED AS OF JUNE 23, 2003

 Exhibit 10.25(a) 
  
 EXECUTION COPY 

  
 NEXTEL PARTNERS, INC. 
  
 as Issuer, 
  
 14% SENIOR DISCOUNT NOTES DUE 2009 
  

  
 FIRST SUPPLEMENTAL INDENTURE 
  
 Dated as of June
23, 2003 
  

  

  
 THE BANK OF NEW YORK, 
  
 as Trustee 
  

  

 FIRST SUPPLEMENTAL INDENTURE dated as of June 23, 2003 (the “Supplemental
Indenture”), between NEXTEL PARTNERS, INC., a Delaware corporation (the “Issuer”) and THE BANK OF NEW YORK, as trustee (the “Trustee”), to the indenture, dated as of January 29, 1999
between the Issuer and the Trustee (the “Indenture”). 
  
 W I T N E S S E T H : 
  
 WHEREAS, the Issuer and the Trustee have heretofore executed and delivered the Indenture providing for the issuance of 14% Senior Discount Notes due 2009
(the “Notes”) of the Issuer; 
  
 WHEREAS,
there is currently outstanding under the Indenture $398,883,000 in aggregate principal amount of the Notes; 
  
 WHEREAS, Section 9.02 of the Indenture provides that the Issuer and the Trustee may, with the written consent of the holders of at least a majority in
aggregate principal amount of the outstanding Notes (the “Requisite Consents”), enter into a supplemental indenture for the purpose of amending the Indenture; 
  
 WHEREAS, the Issuer has offered to purchase (the “Offer”) all of the outstanding Notes upon the
terms and subject to the conditions set forth in the Offer to Purchase and Solicitation of Consents to Proposed Amendments to Related Indenture, dated June 12, 2003 (the “Offer to Purchase”), and the accompanying Letter of
Transmittal and Consent, as the same may be further amended, supplemented or modified; 
  
 WHEREAS, the Offer is conditioned upon, among other things, the proposed amendments (the “Proposed Amendments”) to the Indenture set forth herein and a supplemental indenture in respect of the
Proposed Amendments having been executed and delivered, with the operativeness of such Proposed Amendments with respect to the Notes being subject to, among other things, the acceptance by the Issuer of the Notes comprising at least the Requisite
Consents tendered pursuant to the Offer and the occurrence of the Final Settlement Date (as defined in the Offer to Purchase); 
  
 WHEREAS, the Issuer has received and delivered to the Trustee the Requisite Consents to effect the Proposed Amendments under the Indenture; 
  
 WHEREAS, the Issuer has been authorized by its Board of Directors to enter
into this Supplemental Indenture; 
  
 WHEREAS, all other acts and
proceedings required by law, the Indenture and the restated certificate of incorporation, by-laws and amended and restated shareholders’ agreement of the Issuer to execute and deliver this Supplemental Indenture, in accordance with its terms,
have been duly done and performed; 
  
 NOW, THEREFORE, in
consideration of the premises and the covenants and agreements contained herein, and for other good and valuable consideration the receipt of which is hereby acknowledged, and for the equal and proportionate benefit of the holders of the Notes, the
Issuer and the Trustee hereby agree as follows: 
  

 Section 1. Deletion of Certain Provisions 
  
 Pursuant to the terms of the Offer to Purchase and the receipt of the
Requisite Consents, the Indenture is hereby amended to delete the following sections in their entirety and, in the case of each such section, insert in lieu thereof the phrase [“Intentionally Omitted”], and any and all references to such
sections, any and all obligations thereunder and any Event of Default under the Indenture related solely to the following sections are hereby deleted throughout the Indenture, and such sections and references shall be of no further force or effect:

  

	 	•	Section 10.08 (Limitation on Consolidated Debt); 

  

	 	•	Section 10.09 (Limitation on Restricted Payments); 

  

	 	•	Section 10.10 (Restricted Subsidiaries); 

  

	 	•	Section 10.11 (Transactions with Affiliates); 

  

	 	•	Section 10.12 (Liens); 

  

	 	•	Section 10.14 (Dividend and Other Payment Restrictions Affecting Subsidiaries); 

  

	 	•	Section 10.16 (Provision of Financial Information); 

  

	 	•	Section 10.17 (Statement by Officers as to Default; Compliance Certificates); 

  

	 	•	Section 10.20 (Limitations on Issuances and Sales of Equity Interests in Wholly Owned Subsidiaries); and 

  

	 	•	Section 10.22 (Asset Sales). 

  
 Section 2. Other Amendments to the Indenture 
  
 All definitions in the Indenture which are used exclusively in the sections and clauses deleted pursuant to Section 1 of this Supplemental Indenture are
hereby deleted. 
  
 Section 3. Effectiveness; Operativeness

  
 (a) Subject to Section 3(c) below, this Supplemental Indenture
will become binding on the parties hereto upon the delivery by the Issuer of (i) an Officers’ Certificate (as defined in the Indenture) to the effect that the Issuer has accepted for purchase at least a majority in aggregate principal amount of
the outstanding Notes, and (ii) an Opinion of Counsel (as defined in the Indenture) required by Section 9.03 of the Indenture. 
  
 (b) Subject to Section 3(c) below, this Supplemental Indenture will become effective and operative on and simultaneously with the Final Settlement Date.

  
 (c) Notwithstanding the foregoing, this Supplemental Indenture
will cease to be binding, effective or operative if the Issuer does not purchase in the Offer outstanding Notes comprising at least the Requisite Consents prior to the termination of the Offer. 
  
 Section 4. Reference to and Effect on the Indenture 
  
 (a) On and after the effective date of this Supplemental Indenture, each
reference in the Indenture to “this Indenture,” “hereunder,” “hereof,” or “herein” shall mean and be a reference to the Indenture as supplemented by this Supplemental Indenture unless the context otherwise
requires. 
  
 (b) Except as specifically amended above, the
Indenture shall remain in full force and effect and is hereby ratified and confirmed. 
  

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 Section 5. Governing Law 
  
 This Supplemental Indenture shall be construed and enforced in accordance with the laws of the State of New York,
including without limitation Section 5-1401 of the New York General Obligation Law. 
  
 Section 6. Defined Terms 
  
 Unless otherwise indicated, capitalized terms used herein and not defined shall have the respective meanings given such terms in the Indenture. 
  
 Section 7. Trust Indenture Act Controls 
  
 If any provision of this Supplemental Indenture limits, qualifies or conflicts with another provision of this Supplemental Indenture or the Indenture that
is required to be included by the Trust Indenture Act of 1939, as amended (the “Act”), as in force at the date this Supplemental Indenture is executed, the provision required by the Act shall control. 
  
 Section 8. Trustee Disclaimer 
  
 The recitals contained in this Supplemental Indenture shall be taken as the
statements of the Issuer, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture. 
  
 Section 9. Counterparts and Method of Execution 
  
 This Supplemental Indenture may be executed in several counterparts, all of
which together shall constitute one agreement binding on all parties hereto, notwithstanding that all the parties have not signed the same counterpart. 
  
 Section 10. Titles 
  
 Section titles are for descriptive purposes only and shall not control or alter the meaning of this Supplemental Indenture as set forth in the text.

  
 Section 11. Severability 
  
 In case any provision of this Supplemental Indenture shall be invalid,
illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be effected or impaired thereby. 
  
 [Signature pages to follow] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be executed as of the
day and year first above written. 
  

	 NEXTEL PARTNERS, INC.

		
	 By:
	 	 /s/    JOHN
THOMPSON        

	 	 	 Name: John Thompson
 Title: VP and CFO

  
  

	 THE BANK OF NEW YORK

		
	 By:
	 	 /s/    MICHAEL
PITFICK        

	 	 	 Name: Michael Pitfick
 Title: Assistant Vice PresidentRESTRICTED STOCK PLAN

 Exhibit 10.74 
  
 NEXTEL PARTNERS, INC. 
  
 RESTRICTED STOCK PLAN 
  

	1.	PURPOSE OF PLAN 

  
 The purpose of the Nextel Partners, Inc. (the “Company”) Restricted Stock Plan (the “Plan”) is to aid the Company and its subsidiaries
in attracting and retaining qualified individuals as officers and directors and to provide additional incentive to such officers and directors. The Company expects that it will benefit from the added interest which such Participants (as defined
herein) will have in the growth, development and financial success of the Company as a result of their ownership or increased ownership of the Company’s Common Stock. 
  

	2.	STOCK SUBJECT TO THE PLAN 

  
 The shares that may be awarded under the Plan shall be the Class A Common Stock of the Company (the “Common Stock”). The maximum number of
shares of Common Stock that may be awarded hereunder (subject to any adjustments as provided below) shall not in the aggregate exceed 375,000 shares. Shares which are forfeited as a result of a Participant’s termination of employment or
participation on the Board of Directors shall again become available for award under the Plan. The maximum value of an award under the Plan to any Participant for any year will be $500,000. 
  

	3.	ADMINISTRATION 

  
 The Plan shall be administered by the Board of Directors or any committee thereof (in either case, the “Committee”). The Committee shall be
composed of not less than the minimum number of persons from time to time required by Rule 16b-3 (“Rule 16b-3”) under the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 162(m) (“Section 162(m)”) of the
Internal Revenue Code of 1986, as amended, each of whom, to the extent necessary to comply with Rule 16b-3 and Section 162(m), shall be a “Non-Employee Director” and an “Outside Director” within the meaning of Rule 16b-3 and
Section 162(m), respectively. 
  
 The Committee shall have the
authority to (i) award shares under the Plan; (ii) consistent with the Plan, determine any vesting schedule, rights of repurchase, restrictions and other terms and conditions applicable to each award of shares under the Plan; (iii) interpret the
Plan and the instruments evidencing awards under the Plan (the “Award Agreements”); (iv) adopt, amend and rescind rules and regulations governing the administration of the Plan; and (v) otherwise administer the Plan and make all
determinations in connection therewith which may be necessary or advisable, and all such actions of the Committee shall be binding upon all Participants. 
  

	4.	ELIGIBILITY 

  
 Officers and directors, including non-employee directors, of the Company and its subsidiaries shall be eligible for awards of stock under the Plan (those
to whom an award is made shall be referred to herein as the “Participants”). The Participants who shall receive awards under the Plan shall be selected from time to time by the Committee in its sole discretion, from among those eligible,
and the Committee shall determine, in its sole discretion, the number of shares to be awarded to each such Participant selected. The Committee may, within the terms of the Plan, be selective and non-uniform with respect to its determination of the
amount of awards and the eligible Participants to whom such awards are made. 
  

	5.	RIGHTS WITH RESPECT TO SHARES 

  
 A Participant to whom an award is made hereunder shall have all rights of ownership with respect to such stock, including the right to vote the same and
receive any dividends paid thereon, subject, however, to the terms, conditions and restrictions contained in the Plan and in the applicable Award Agreement. 
  

	6.	INVESTMENT REPRESENTATION 

  
 If the shares of Common Stock that have been awarded to a Participant pursuant to the terms of the Plan are not registered under the Securities Act of
1933, as amended (the “Securities Act”), such Participant, if the Committee shall deem it advisable, shall be required to represent and agree in writing (i) that any shares of Common Stock acquired by such Participant pursuant to the Plan
will not be sold except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from registration under the Securities Act and (ii) that such Participant has acquired such shares of Common Stock for the
Participant’s own account and not with a view to the distribution thereof and shall make such further representations and warranties at the time of any such award that counsel for the Company deems necessary and appropriate. 
  

	7.	RESTRICTIONS 

  
 (a) Terms, Conditions and Restrictions. In addition to the terms set forth in the Plan, any vesting schedule, rights of repurchase,
and other terms, conditions and restrictions on the Common Stock awarded under the Plan, as may be imposed by the Committee, shall be contained in the applicable Award Agreement. Such terms may include, but are not limited to, acceleration of
vesting or termination of rights to repurchase shares upon events which may include, but are not limited to, death or disability of a Participant or change in control of the Company or related entities. 
  
 (b) Transferability Restriction. Except as set forth
in the applicable Award Agreement, no stock awarded under the Plan shall be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of so long as such shares are subject to any right of repurchase by the Company. 
  
 (c) Agreements; Stock Legend. As a condition to the
grant of an award under the Plan, each Participant shall execute and deliver to the Company an Award Agreement in 

  

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form and substance satisfactory to the Committee reflecting the conditions and restrictions imposed upon the Common Stock awarded. Certificates for shares of
Common Stock delivered pursuant to such awards may, if the Committee so determines, bear a legend referring to the restrictions and the instruments to which such awards are subject. 
  
 (d) Performance-Based Compensation. The Committee may designate whether any award being granted to
any Participant is intended to be “performance-based compensation” under Section 162(m). Any such awards designated as “performance-based compensation” shall be conditioned on the achievement of one or more performance measures,
to the extent required by Section 162(m). The performance measures that may be used by the Committee for such awards shall be based on any one or more of the following, as selected by the Committee: total stockholder return, stock price, profit
margin (gross or net), sales growth, return on investment, earnings per share, return on equity, operating cash flow, net income, market share, working capital, customer satisfaction and employee satisfaction. For awards intended to qualify as
“performance-based compensation,” the grant of the awards and the establishment of the performance goals shall be made in compliance with the requirements of Section 162(m). 
  
 (e) Additional Conditions. In each applicable Award Agreement or otherwise, the Committee may impose
such other additional terms, conditions and restrictions upon the award as it, in its discretion, deems appropriate, including, without limitation, that the Company shall have the right to deduct from payments of any kind due to the Participant any
federal, state or local taxes of any kind required by law to be withheld with respect to the shares awarded. 
  

	8.	CHANGES IN CAPITAL 

  
 If the outstanding Common Stock of the Company shall at any time be changed or exchanged by declaration of a stock dividend, stock split, reverse stock
split, combination of shares, recapitalization, merger, consolidation or other corporate reorganization, an appropriate adjustment shall be made in the number and kind of shares that have been awarded pursuant to the Plan and that may thereafter be
awarded hereunder. 
  

	9.	MISCELLANEOUS 

  
 (a) No Right to Receive Award. Nothing in the Plan shall be construed to give any officer or director of the Company or a
subsidiary any right or entitlement to receive an award under the Plan. 
  
 (b) Additional Shares Received with Respect to Restricted Stock. Any shares of Common Stock or other securities of the Company received by a Participant as a stock dividend on, or as a result of any stock
split, reverse stock split, combination, exchange of shares, reorganization, merger, consolidation or otherwise with respect to shares of Common Stock received pursuant to an award hereunder shall have the same status, be subject to the same
restrictions and bear the same legend, if any, as the shares received pursuant to the original award. 
  

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 (c) No Effect on Employment Rights or Right to Remain a Director. Nothing in the
Plan or in the instruments evidencing the grant of an award hereunder shall in any manner be construed to limit in any way (i) the right of the Company or its subsidiaries to terminate a Participant’s employment at any time, or give any right
to a Participant to remain employed by the Company or its subsidiaries or (ii) the right of the Board of Directors and/or the Company’s stockholders to remove a director from the Board of Directors, or give any right to a Participant to remain
on the Board of Directors. 
  

	10.	DURATION OF THE PLAN 

  
 This Plan shall terminate and no further stock shall be awarded hereunder after March 20, 2013, unless reapproved by the Company’s stockholders or
unless amended or terminated pursuant to Section 11 below. The termination of this Plan shall not, however, affect any restriction previously imposed on stock awarded pursuant to this Plan. 
  

	11.	AMENDMENT OR TERMINATION OF THE PLAN 

  
 The Committee may from time to time suspend, revise, amend or terminate the Plan; provided, however, that any amendment which requires approval of the
Company’s stockholders (i) in order to maintain the qualification of awards as “performance-based compensation” pursuant to Section 162(m) or (ii) to comply with any other applicable laws, rules or regulations shall not be made
without such approval. 
  

	12.	COMPLIANCE WITH RULE 16b-3 

  
 The Plan is intended to comply with all applicable conditions of Rule 16b-3. All transactions involving the Participants who are required to file reports
under Section 16 of the Exchange Act (collectively, the “Section 16 filers”) are subject to such conditions, regardless of whether the conditions are expressly set forth in the Plan. Any provision of the Plan that is contrary to a
condition of Rule 16b-3 shall not apply to Section 16 filers. 
  
 Approved by the
Board of Directors of the Company: March 20, 2003 
  
 Approved by the Stockholders
of the Company: May 8, 2003 
  

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