Document:

Exhibit (10)(b)

                         Sprint Corporation

                      1990 Stock Option Plan

               Adopted as a Stock Option Plan under the
     1997 Sprint Corporation Long-Term Stock Incentive Program

                    As Amended and Restated
                    by the Board Effective
                       October 10, 2000

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                      Table of Contents

1 Establishment                                             1

2 Defined Terms                                             1

3 Purpose                                                   1

4 Administration                                            1
  4.01 Interpretation of the Plan . . . . . . . . . . . .   1
  4.02 Abstention in Certain Cases by Committee Members .   2

5 Number of Shares Authorized to be Issued                  2

6 Grant of Options                                          3

6.01 Eligibility for Grants . . . . . . . . . . .  . . .    3
6.02 Committee Grants . . . . . . . . . . . . . . . . .     3
6.03 Interim Grants . . . . . . . . . . . . . . . . . .     3
6.04 Limitation on Discretion of Committee and
     Authorized Officers . . . . . . . . . . . . . . . .    4

7 Terms of Options                                          4

7.01 Standard Terms of Options . . . . . . . . . . . . .    4
7.02 Mandatory Terms of Incentive Stock Options . . . .     7
7.03 Standard Terms of Incentive Stock Options . . . . .    8
7.04 Stock Option Agreement . . . . . . . . . . . . . .     8

8 Exercise of Options                                       8

8.01 Notice of Exercise . . . . . . . . . . . . . . . .     8
8.02 Form of Payment of Exercise Price . . . . . . . .      9

9 Withholding of Payroll Taxes on Exercise                 10

9.01 Obligation to Pay Payroll Taxes . . . . . . . . .     10
9.02 Amount to Be Withheld . . . . . . . . . . . . . .     10
9.03 Eligibility to Elect Stock Withholding . . . . .      11
9.04 Manner of Withholding . . . . . . . . . . . . . .     11

10 Issuance of Shares on Exercise                          12

10.01 Generally . . . . . . . . . . . . . . . . . . .      12
10.02 Elective Issuance of Restricted Shares . . . .       12

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10.03 Mandatory Issuance of Restricted Shares . . . . .    12
10.04 Issuance of Restricted Shares Not Available to
      Transferred Options . . . . . . . . . . . . . . .    13
10.05 Terms of Restricted Shares Issued on Exercise . .    13

11 Reload Rights                                           15

11.01 Grant of Reload Rights on Outstanding
      Non-Qualified Options . . . . . . . . . . . . . .    15
11.02 Terms of Reload Options . . . . . . . . . . . . .    15
11.03 Variant Reload Rights . . . . . . . . . . . . . .    17

12 Change in Stock, Adjustments, Etc                       17

13 Amendment and Termination                               18

14 Effective Date and Duration of the Plan                 18

15 Definitions                                             18

15.01 1989 Program . . . . . . . . . . . . . . . . . . .   18
15.02 1997 Program . . . . . . . . . . . . . . . . . . .   18
15.03 Affiliate . . . . . . . . . . . . . . . . . . . . .  18
15.04 Authorized Officer . . . . . . . . . . . . . . . .   18
15.05 Board . . . . . . . . . . . . . . . . . . . . . . .  18
15.06 Change in Control . . . . . . . . . . . . . . . . .  18
15.07 Code . . . . . . . . . . . . . . . . . . . . . . .   19
15.08 Code Section . . . . . . . . . . . . . . . . . . .   19
15.09 Committee . . . . . . . . . . . . . . . . . . . .    19
15.10 Common Stock . . . . . . . . . . . . . . . . . . .   19
15.11 Company . . . . . . . . . . . . . . . . . . . . .    19
15.12 Corporate Secretary . . . . . . . . . . . . . . . .  20
15.13 Director . . . . . . . . . . . . . . . . . . . . .   20
15.14 Employee . . . . . . . . . . . . . . . . . . . . .   20
15.15 Equity Security . . . . . . . . . . . . . . . . .    20
15.16 Exchange Act . . . . . . . . . . . . . . . . . . .   20
15.17 Exchange Act Section 16 . . . . . . . . . . . . .    20
15.18 Executive Officer . . . . . . . . . . . . . . . .    20
15.19 Exercise Date . . . . . . . . . . . . . . . . . .    20
15.20 Exercise Price . . . . . . . . . . . . . . . . .     20
15.21 Expiration Date . . . . . . . . . . . . . . . . .    20

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15.22 Fair Market Value . . . . . . . . . . . . . . . .    20
15.23 FON Stock . . . . . . . . . . . . . . . . . . . .    21
15.24 Foreign Reload Option . . . . . . . . . . . . . .    21
15.25 Grant Date . . . . . . . . . . . . . . . . . . .     21
15.26 Grantee . . . . . . . . . . . . . . . . . . . . .    21
15.27 Incentive Stock Option . . . . . . . . . . . . .     21
15.28 Minimum Withholding Amount . . . . . . . . . . .     21
15.29 Non-Qualified Option . . . . . . . . . . . . . .     21
15.30 Normal Retirement . . . . . . . . . . . . . . . .    21
15.31 Notice of Exercise . . . . . . . . . . . . . . .     21
15.32 Option . . . . . . . . . . . . . . . . . . . . .     22
15.33 Option Class . . . . . . . . . . . . . . . . . .     22
15.34 Optionee . . . . . . . . . . . . . . . . . . . .     22
15.35 Payroll Tax . . . . . . . . . . . . . . . . . . .    22
15.36 Payroll Taxpayer . . . . . . . . . . . . . . . .     22
15.37 PCS Stock . . . . . . . . . . . . . . . . . . . .    22
15.38 Person . . . . . . . . . . . . . . . . . . . . .     22
15.39 Program Adoption Date . . . . . . . . . . . . . .    22
15.40 Plan . . . . . . . . . . . . . . . . . . . . . .     22
15.41 Qualified Transferee . . . . . . . . . . . . . .     22
15.42 Qualified Trust . . . . . . . . . . . . . . . . .    22
15.43 Reload Option . . . . . . . . . . . . . . . . . .    23
15.44 Restricted Shares . . . . . . . . . . . . . . . .    23
15.45 Retirement . . . . . . . . . . . . . . . . . . .     23
15.46 Seasoned Shares . . . . . . . . . . . . . . . . .    23
15.47 Securities Act . . . . . . . . . . . . . . . . . .   23
15.48 Strike Price . . . . . . . . . . . . . . . . . . .   23
15.49 Subsidiary . . . . . . . . . . . . . . . . . . . .   23
15.50 Tax Date . . . . . . . . . . . . . . . . . . . . .   24
15.51 Termination Date . . . . . . . . . . . . . . . . .   24
15.52 Termination for Cause . . . . . . . . . . . . . .    24
15.53 Total Disability . . . . . . . . . . . . . . . . .   24
15.54 Underlying Option . . . . . . . . . . . . . . . .    24
15.55 Vesting Period . . . . . . . . . . . . . . . . . .   25
15.56 Withholding Amount . . . . . . . . . . . . . . . .   25

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                         Article 1
                       Establishment

Pursuant to the 1989 Program the Company established a stock
option plan named the 1990 Stock Option Plan (the "Plan") for
officers and key employees of the Company and its subsidiaries.
The 1989 Program has been replaced by the 1997 Program, and this
Plan is now established pursuant to the 1997 Program.

                         Article 2
                       Defined Terms

Capitalized words used throughout this Plan have the meanings
assigned to them parenthetically throughout the Plan or in Article
15.

                         Article 3
                          Purpose

The purposes of the Plan are to induce officers and key employees
of the Company or its Subsidiaries who are in a position to
contribute materially to the Company's prosperity to remain with
the Company or its Subsidiaries, to offer them incentives and
rewards in recognition of their share in the Company's progress,
to encourage them to continue to promote the best interests of the
Company and its stockholders, and to allow the Company and its
Subsidiaries to successfully compete with other enterprises in the
recruitment of new officers and key employees.

                         Article 4
                      Administration

The Committee shall administer the Plan as set forth in this
Section.

4.01. Interpretation of the Plan.

The Committee may from time to time adopt, and thereafter amend or
rescind, such rules and regulations for carrying out the Plan and
take such action in the administration of the Plan, not inconsistent
with the provisions of the Plan and the 1997 Program, as it considers
proper. The interpretation and construction of any provisions of
the Plan by the Committee shall be final. No member of the Board
or the Committee shall be liable for any action or determination
made in good faith with respect to the Plan or any Option granted
under it.

The Corporate Secretary shall have the discretion and authority to
establish any and all procedures, forms, and rules of a
ministerial nature that the Corporate Secretary considers
necessary or desirable for the orderly administration of the

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Plan and shall have other administrative responsibilities as set
forth elsewhere in this Plan.

The Committee may designate one or more Employees to hear and
resolve disputes arising under the Plan.

4.02. Abstention in Certain Cases by Committee Members.

If any Committee member's participation in an action to approve
the acquisition or disposition of an Equity Security by an Executive
Officer would prevent the Executive Officer's acquisition or
disposition of the Equity Security from being exempt from the
liability provisions of Exchange Act Section 16, the member shall
abstain from voting on the transaction if doing so would cause the
acquisition or disposition to be exempt.

                              Article 5
               Number of Shares Authorized to be Issued

The number of shares of Common Stock that may be issued upon
exercise of Options granted under the Plan may not exceed
82,200,000 shares of FON Stock or 64,400,000 shares of PCS Stock,
subject to adjustment as provided in Article 12 hereof. The shares
issued under the Plan may be either treasury shares or authorized
but unissued shares.

The number of shares of Common Stock that may be issued upon
exercise of Options granted pursuant to this Plan after April 15,
1997, together with shares of Common Stock subject to other awards
under the 1997 Program, may not exceed the limits set forth in
Section 4(a) of the 1997 Program.

The number of shares of Common Stock that may be issued upon
exercise of Incentive Stock Options granted pursuant to this Plan
after April 15, 1997, may not exceed 8,000,000 shares of FON Stock
or 4,000,000 shares of PCS Stock.

The shares of Common Stock allocable to the unexercised portion of
any Option that for any reason is forfeited, canceled, expired or is
otherwise terminated may again be subject to an Option under the Plan.

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                              Article 6
                          Grant of Options

6.01. Eligibility for Grants.

The Committee or an Authorized Officer may grant Options under this
Plan to any Grantee who is a Director or Employee of the Company or
a Subsidiary of the Company on the Grant Date of the Option and to
whom the granting of Options and the exercise thereof would not be
in violation of the laws of the jurisdiction, foreign or domestic,
having legal authority over the issuance of Options to, or the
exercise thereof by, Directors or Employees working or residing in
such jurisdiction.

No Incentive Stock Option may be granted to any Grantee who owns
directly or indirectly shares of Common Stock or options to
purchase shares of Common Stock, together possessing more than 10%
of the total combined voting power or value of all classes of
stock of the Company or any of its Subsidiaries.

6.02. Committee Grants.

The Committee shall determine which Directors or Employees among those
eligible shall be granted Options and, with respect to each Option,
shall specify the Option Class and number of shares of Common Stock
subject to the Option. The Committee may designate Grantees, the
Option Class, and the number of shares subject to each Option by any
objectively determinable description. The Committee may also specify
the Grant Date of the Option, the Strike Price, the Expiration Date
of the Option, the rate at which the Option may be exercised, and such
other terms of the Option as the Committee may consider appropriate.
In making its determinations, the Committee shall take into
consideration the value of the services rendered by the Grantees,
their present and potential contribution to the success of the Company
and its Subsidiaries, and such other factors the Committee may consider
relevant in accomplishing the purposes of the Plan.

6.03. Interim Grants.

Between meetings of the Committee, any of the Authorized Officers may
grant an Option to any eligible Employee other than a Director or an
Executive Officer. The number of shares subject to Options granted
pursuant to this Section 6.03 may not exceed a total of 20,000 shares
of all Classes of Common Stock for any single Grantee between any two
meetings of the Committee. An Authorized Officer may make interim
grants of Options in excess of 20,000 shares with the written
concurrence of the chairman of the Committee on or before the Grant
Date.

In making such grants, the Authorized Officer shall specify in a
writing, executed by the Authorized Officer (and the chairman of
the Committee, if the number of shares subject to the Option are
in excess of 20,000) and setting forth the actual date of
execution, which Employees among those eligible shall be granted
Options and, with respect to each Option, shall specify the Option

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Class and number of shares of Common Stock subject to the Option.
The Authorized Officer may designate Grantees, the Option Class,
and the number of shares subject to each Option by any objectively
determinable description. The Authorized Officer may also specify
the Grant Date of the Option, the Strike Price, the Expiration
Date of the Option, the rate at which the Option may be exercised,
and such other terms of the Option as the Authorized Officer may
consider appropriate. In making its determinations, the Authorized
Officer shall take into consideration the value of the services
rendered by the Grantees, their present and potential contribution
to the success of the Company and its Subsidiaries, and such other
factors the Authorized Officer may consider relevant in
accomplishing the purposes of the Plan.

The Authorized Officer shall report to the Committee the Grantees
and terms of all Options granted pursuant to this Section 6.03 at
the next meeting of the Committee following such grants.

6.04. Limitation on Discretion of Committee and Authorized
Officers.

Neither the Committee nor the Authorized Officer may

(i)  set the Grant Date of any Option to any date earlier than the
     date of the action granting the Option;

(ii) establish the Strike Price of any Option at a price lower
     than the greater of (a) the Fair Market Value of one share
     of the Option Class of Common Stock on the Grant Date of the
     Option or (b) the par value on the Grant Date of the Option
     Class of the Common Stock; or

(iii)subject more than 6,000,000 shares to Options in the FON
     Stock Option Class nor more than 3,000,000 shares to Options
     in the PCS Stock Option Class granted to any single Director
     or Employee in any calendar year.

For purposes of clause (iii), shares subject to Options granted pursuant to the
last sentence of Section 4(a) of the 1997 Program shall be counted in the year
the Option is granted, rather than the year in which shares become first
available for issuance.

                              Article 7
                          Terms of Options

7.01. Standard Terms of Options.

Unless the Committee or Authorized Officer specifies otherwise, the
terms set forth in this Section 7.01 shall apply to all Options
granted under this Plan. Any Stock Option Agreement that incorporates
the terms of the Plan by reference shall be deemed to have incorporated
the terms set forth in this Section 7.01 to the extent that these
terms are not in conflict with those explicitly set forth in the
Stock Option Agreement.

(a)  Non-Qualified Options. Each Option shall be a Non-Qualified
     Option.

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(b)  Grant Date. The Grant Date of each Option shall be the date
     of the Committee's or Authorized Officer's action granting
     the Option.

(c)  Strike Price. The Strike Price of each Option shall be the
     Fair Market Value of one share of the Option Class of Common
     Stock on the Grant Date.

(d)  Expiration Date. The Expiration Date of each Option shall be
     the close of business on the tenth anniversary of the Option's
     Grant Date. The Option shall not be exercisable after its
     Expiration Date.

(e)  Rate of Exercisability. Each Option shall become exercisable
     with respect to 25% of the number of shares of the Option Class
     of Common Stock subject to the Option on each of the first four
     anniversaries of the Grant Date if, on such anniversary date,
     the Grantee shall have been continuously employed by or served
     as a Director of the Company, a Subsidiary of the Company, or
     an Affiliate from the Grant Date.

(f)  Reload Rights. Each Non-Qualified Option, other than Options
     granted pursuant to Reload Rights, shall be granted with Reload
     Rights.

(g)  Limitations on Transfer. No Option may, during the lifetime of
     the Grantee, be transferred, levied, garnished, executed upon,
     subjected to a security interest, or assigned to any person other
     than the Grantee, except that a Grantee may transfer an Option to
     a Qualified Transferee if the transfer is made without payment of
     consideration being paid to the Grantee. Documents evidencing the
     transfer of any Option and the identity of the Qualified
     Transferee shall be in such form as may be required by the
     Corporate Secretary. No such Qualified Transferee may dispose of
     shares issued upon exercise of an Option, other than to the
     Company, until such shares are validly registered or, in the
     opinion of the Corporate Secretary, exempt from registration under
     the Securities Act.

(h)  Post-Employment Exercise of Options. Each Option may be exercised
     after the Grantee's Termination Date only with respect to the
     number of shares of Common Stock that were exercisable on the
     Grantee's Termination Date. An Optionee may exercise an Option
     before its Expiration Date with respect to those shares during a
     limited period beginning on the Grantee's Termination Date and
     ending

     (i)  on the fifth anniversary of the Grantee's Termination Date, if
          the Grantee's service as Director or employment terminated by
          reason of his Retirement or Total Disability;

     (ii) on the first anniversary of the Grantee's Termination Date if
          the Grantee's employment or service as Director terminated by
          reason of his death;

     (iii)on the day three months following the Grantee's Termination
          Date if the Grantee terminated his employment or service as
          Director voluntarily, for a reason other than Retirement, or
          involuntarily for a

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          reason not constituting Termination for Cause.

If a Grantee's employment has been Terminated for Cause, the
Optionee shall forfeit all outstanding Options immediately on the
Grantee's Termination Date.

An Option granted pursuant to the last sentence of Section 4(a) of the 1997
Program that was not exercisable on the Grantee's Termination Date solely
because the number of shares covered by the Option exceeded the number of shares
available for issuance may be exercised during the period described above to the
extent that shares become available for issuance during such period.

(i) Acceleration on Termination of Employment for Certain Reasons.

     (1)  Death or Total Disability. Each Option shall become
          exercisable immediately on the Grantee's Termination
          Date if the reason for termination was the Grantee's
          death or Total Disability.

     (2)  Normal Retirement. Each Option shall become exercisable
          immediately on the Grantee's Termination Date if (i) the
          reason for termination was the Grantee's Normal Retirement
          and (ii) the Option's Grant Date was at least one year
          before the Grantee's Termination Date.

(j)  Acceleration on Change in Control.

     (1)  Acceleration. Each Option shall become immediately exercisable
          in full upon a Change in Control if

          (i)  the Change in Control occurs at least one year after the
               Option's Grant Date and

          (ii) the Grantee of the Option has been a Director, Employee, or
               an employee of an Affiliate continuously from the Option's
               Grant Date to the date of the Change in Control.

     (2)  Limitation on Acceleration. If the acceleration of
          exercisability under Section 7.01(j)(1), together with all other
          payments or benefits contingent on the Change in Control with the
          meaning of Code Section 280G, results in any portion of such
          payments or benefits not being deductible by the Company as a
          result of the application of Code Section 280G, the 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 or portions thereof in reverse chronological order of
          their respective Grant Dates from the application of Section
          7.01(j)(1) until no portion of such benefits is rendered
          non-deductible by application of Code Section 280G.

(k)  Exercise After Death of Optionee. Upon the death of an
     Optionee, all Options held by the Optionee on the Optionee's
     date of death, to the extent exercisable under their terms,
     may be exercised by

     (i)  the executor or administrator of the Optionee's estate,

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     (ii) the Person or Persons to whom the Optionee's rights under the
          Options pass by the Optionee's will or the laws of descent and
          distribution, or

     (iii)the beneficiary or beneficiaries designated by the Optionee
          in accordance with Section 7.01(l).

(l)  Designation of Beneficiaries. An Optionee may designate a
     beneficiary or beneficiaries to exercise unexpired Options
     and to own shares issued upon any such exercise after the
     Optionee's death without order of any probate court or
     otherwise. A beneficiary so designated may exercise an Option
     upon presentation to the Company of evidence satisfactory to the
     Corporate Secretary of the beneficiary's identity and the death
     of the Optionee. An Optionee may change any beneficiary designation
     at any time before his death but may not do so by testamentary
     designation in his will or otherwise. Beneficiary designations must
     be made in writing on a form provided by the Corporate Secretary.
     Beneficiary designations shall become effective on the date that
     the form, properly completed, signed, and notarized, is received
     by the Corporate Secretary. Any designation of a beneficiary by an
     Optionee with respect to any Option shall be canceled upon the
     transfer of such Option by the Optionee in accordance with the
     terms of the Plan.

(m)  Agreement to Remain Employed. Each Grantee other than
     Directors shall, as consideration for the grant of each Option,
     agree in the Stock Option Agreement to remain in the employ of
     the Company, its Subsidiaries, or an Affiliate at the pleasure
     of the Company, such Subsidiary, or Affiliate for at least one
     year from the Option's Grant Date or the earlier termination
     of the Grantee's employment effected or approved by the Company,
     the Subsidiary, or Affiliate. If the Grantee violates the
     agreement, the Optionee shall forfeit the Option.

     Nothing contained in the Plan or in any Option granted pursuant to
     the Plan shall confer upon any Grantee any right to continue
     employment with the Company, its Subsidiaries, or Affiliates nor
     interfere in any way with the right of the Company, its
     Subsidiaries, or Affiliates to terminate the Grantee's employment
     or change the Grantee's compensation at any time.

(n)  Forfeiture Upon Conflict of Interest. If any Grantee, without
     the consent of the Committee, becomes associated with, employed
     by, renders services to, or owns any significant interest in
     any business that is in competition with the Company, its
     Subsidiaries, or Affiliates, any outstanding Option granted to
     such Grantee shall be forfeited.

(o)  Exercise Subject to Available Shares.  No Option shall be exercisable
     unless, on the Exercise Date, there are sufficient shares available under
     the Plan and the 1997 Program to allow for the issuance of shares pursuant
     to the Exercise.  At any time when sufficient shares are not available, all
     Exercises of Options granted under the authority of the last sentence of
     Section 4(a) of the 1997 Program shall be suspended, and the term of any

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     Options that would otherwise expire during the term of any such suspension
     shall be extended by the amount of time during which the suspension was in
     effect.

7.02. Mandatory Terms of Incentive Stock Options.

If the Committee or Authorized Officer specifies that an Option
is an Incentive Stock Option, the terms set forth in this Section
7.02 shall be incorporated into the terms of the Option in
preference to any conflicting terms set forth in Section 7.01.
If the Stock Option Agreement setting forth the terms of any Option
contradict the terms set forth in this Section 7.02, such Option
shall be treated as a Non-Qualified Stock Option, notwithstanding
its designation as an Incentive Stock Option.

(a)  Grant Date within 10 Years of Program Adoption. No Incentive
     Stock Option may be granted under the Plan after the tenth
     anniversary of the Program Adoption Date.

(b)  Limitation on Option Term. No Incentive Stock Option may be
     exercised after the tenth anniversary of its Grant Date.

(c)  Strike Price. No Incentive Stock Option may have a Strike
     Price less than the Fair Market Value of one share of the
     Option Class of Common Stock on the Grant Date of the
     Incentive Stock Option.

(d)  Non-Transferability. No Incentive Stock Option may be
     transferred by the Grantee except by the Grantee's will
     or the laws of descent and distribution. An Incentive
     Stock Option may be exercised during the Grantee's lifetime
     only by the Grantee, and after the Grantee's death only by
     a beneficiary designated by the Grantee pursuant to the terms
     of the Plan, or otherwise by the executor or administrator
     of the Grantee's estate or the Person succeeding to the
     Grantee's interest in the Incentive Stock Option under the
     Grantee's will or the applicable laws of intestacy.

7.03. Standard Terms of Incentive Stock Options.

Unless the Committee or Authorized Officer specifies otherwise in
the action granting the Option, the following terms shall apply to
all Incentive Stock Options granted under the Plan. To the extent
the terms set forth in this Section 7.03 conflict with the standard
terms applicable to Options generally set forth in Section 7.01,
the terms of this section shall control the terms of any Options
designated as Incentive Stock Options at the time of grant.

(a)  Maximum Rate of Exercisability. The Fair Market Value on the
     Grant Date of the shares of Common Stock subject to any
     Incentive Stock Option with respect to which the Incentive
     Stock Option becomes exercisable for the first time during
     any calendar year, together with the Fair Market Value of
     shares of Common Stock subject to other Incentive Stock Options
     on their respective Grant Dates owned by the Optionee under
     all plans of the Company and its Subsidiaries and first
     becoming exercisable in the same calendar year, shall not
     exceed $100,000 or, if different, the maximum

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     limitation in effect under Code Section 422 for Incentive Stock
     Options on the Grant Date of such Incentive Stock Option. To the
     extent the terms of the Option permit the exercise of an Option for
     more shares than permitted by this Section 7.03(a), each
     Option or portion of an Option, in reverse chronological order
     of their Grant Dates, shall be treated as Non-Qualified Options
     until the remaining Options or portions of Options meet the
     limitations set forth in this Section 7.03(a).

(b)  Post-Termination Exercise. Any Incentive Stock Option exercised
     after the end of the 12-month period beginning on the Grantee's
     Termination Date shall, to that extent, be treated as a Non-
     Qualified Option.

7.04. Stock Option Agreement.

The terms of each Option shall be set forth in a Stock Option
Agreement executed by the Company and the Grantee. The Stock Option
Agreement must set forth those terms that are not made standard
terms of the Option pursuant to this Plan.

                              Article 8
                         Exercise of Options

8.01. Notice of Exercise.

An Optionee may exercise his Option to purchase shares of Common
Stock by written notice to the Corporate Secretary

(i)  unambiguously identifying the Option that he is exercising;

(ii) stating the number of shares with respect to which he is
     exercising the Option;

(iii)accompanied by payment of the Exercise Price in cash or any
     other form permitted by Section 8.02;

(iv) if the Optionee wants to have the shares issued to be
     registered jointly with the Optionee's spouse, a statement
     to that effect;

(v)  if the Optionee is electing to have any Payroll Tax
     withholding obligation discharged by delivery of Seasoned
     Shares or withholding of shares from shares issuable upon
     the exercise pursuant to Section 9.04, a statement to that
     effect, and, if the Optionee elects to have more than the
     required minimum percentage of Payroll Taxes withheld, a
     statement of the percentage to be withheld, not exceeding, if
     the Grantee is an Executive Officer, the applicable marginal
     tax rate;

(vi) if the Optionee is electing to receive Restricted Shares
     pursuant to Section 10.02, a statement of the Vesting Period
     the Optionee is electing;

(vii)if the Optionee is delivering or attesting to ownership of
     Restricted Shares in payment of the Exercise Price and
     desires to elect a more extended

                                   9

<PAGE>

     Vesting Period pursuant to Section 10.03, a statement of the
     extended Vesting Period the Optionee is electing.

The Corporate Secretary may dispense with a written Notice of
Exercise in the case of certain exercises in which he considers a
written Notice of Exercise unnecessary.

The Exercise Date shall be the date on which the Notice of
Exercise, together with the payment of the Exercise Price, is
received by the Corporate Secretary or his designee. The Optionee
may not, after the Exercise Date, change the form of payment of
the Exercise Price, the election regarding stock withholding, or
other aspects of the exercise dependent on the Fair Market Value
of the Common Stock.

The Corporate Secretary may condition the exercise of an Option on
the Optionee's filing with the Company a representation in writing
that at the time of such exercise it is the Optionee's then
present intent to hold the shares being purchased for investment
and not for resale, or on the completion of any registration or
other qualification of shares under any state or federal laws or
rulings or regulations of any government regulatory body that the
Corporate Secretary may determine to be necessary or advisable.

8.02. Form of Payment of Exercise Price.

(a)  Payment in Cash. Unless the Optionee elects in the Notice of
     Exercise to make payment in another form authorized by the Plan,
     payment of the Exercise Price shall be in United States dollars,
     payable in cash or by check. The Corporate Secretary may establish
     procedures to delay the processing of any Option exercise until
     any check delivered in payment of the Exercise Price has cleared,
     and, if a check fails to clear, cancel the exercise.

(b)  Payment in Shares of Common Stock. On exercise of any Option,
     the Optionee may elect in the Notice of Exercise to pay the
     Exercise Price by surrender of stock certificates in transferable
     form representing Seasoned Shares of the Option Class having an
     aggregate Fair Market Value, determined as of the Exercise Date,
     at least equal to the Exercise Price.

(c)  Payment by Attestation. In lieu of the delivery of physical
     certificates, an Optionee may deliver shares in payment of
     the Exercise Price by attesting, on a form established by the
     Corporate Secretary, to the ownership, either outright or through
     ownership of a broker account, of a sufficient number of Seasoned
     Shares of the Option Class to pay the Exercise Price. The
     attestation must be notarized and signed by the Optionee and any
     co-owners with the Optionee of the shares with respect to which the
     attestation is being made. The form of attestation must be
     accompanied by any other documentation the Corporate Secretary
     considers necessary to evidence actual ownership of such shares
     or otherwise preserve the integrity of the Plan. Shares, the
     ownership of which is so attested to by the Optionee, shall be
     deemed to have been re-issued to the Optionee on the Exercise Date
     in partial satisfaction of the Company's obligation to issue
     shares of

                              10

<PAGE>

     the Option Class of Common Stock pursuant to the Option exercise to
     which it relates.

(d)  Fractional Shares. If an Optionee pays the Exercise Price of
     an Option by delivery or attestation of Seasoned Shares, the
     Company shall apply to payment of the Exercise Price from the
     shares delivered or attested the highest number of whole shares
     having a Fair Market Value on the Exercise Date less than or
     equal to the Exercise Price, and the Optionee shall be required
     to pay in cash the Fair Market Value of the fractional share
     resulting from truncating the number of shares to a whole number
     of shares.

                                   Article 9
                    Withholding of Payroll Taxes on Exercise

9.01. Obligation to Pay Payroll Taxes.

Any Optionee, Grantee, or other Person (the "Payroll Taxpayer") with
respect to whom the Company or a Subsidiary of the Company has an
obligation under any Payroll Tax law to withhold amounts with respect
to income arising from the exercise of any Option must pay to the
Company or Subsidiary of the Company the Minimum Withholding Amount.

9.02. Amount to Be Withheld.

The Payroll Taxpayer may elect in the Notice of Exercise or on
another form specified by the Corporate Secretary for such purpose
an amount to be withheld (the "Withholding Amount") with respect to
the exercise of any Option. The Withholding Amount must be greater
than or equal to the Minimum Withholding Amount and, if the Payroll
Taxpayer is an Executive Officer, less than or equal to the Payroll
Taxpayer's combined marginal tax rate for all Payroll Taxes. In the
absence of such an election, the Withholding Amount shall be the
Minimum Withholding Amount.

If all amounts withheld in payment of Payroll taxes are reported
to the appropriate taxing jurisdiction as amounts withheld from
the Payroll Taxpayer, the Company or Subsidiary may, in cases
where the Corporate Secretary considers it necessary, set the
Withholding Amount to an amount in excess of the Minimum
Withholding Amount based on assumptions about the amount required
by law to be withheld.

9.03. Eligibility to Elect Stock Withholding.

A Payroll Taxpayer may elect to pay all or part of the Withholding
Amount in shares of the Option Class of Common Stock if the Optionee
pays the Exercise Price by delivering or attesting to ownership of
shares of the Option Class of Common Stock pursuant to Sections
8.02(b) or 8.02(c).

                                   11

<PAGE>

9.04. Manner of Withholding.

If the Payroll Taxpayer is eligible to satisfy his obligation to pay
the Withholding Amount by payment of shares of the Option Class of the
Common Stock pursuant to Section 9.03, he may pay the Withholding
Amount by one or more of the following methods:

     (i)  delivering Seasoned Shares of the Option Class; or

     (ii) directing the Company to withhold from those shares that
          would otherwise be received upon exercise of the Option
          or upon the vesting of Restricted Shares, shares of the
          Option Class of the Common Stock having a Fair Market
          Value on the Tax Date of no more than the Minimum
          Withholding Amount; or

     (iii)paying cash to the Company.

If the Payroll Taxpayer is not eligible to elect stock withholding,
the Withholding Amount must be paid entirely in cash. Any portion
of the Withholding Amount that would require withholding or delivery
of a fractional share and any portion of the Withholding Amount not
paid by the withholding or surrender of Common Stock must be paid
in cash.

     (a)  Limit on Use of Unvested Restricted Shares. If the Option
          exercise resulted in the issuance of Restricted Shares and
          the Vesting Period with respect to the Restricted Shares
          has not ended on or before the Tax Date, method (ii)
          described in Section 9.04 shall not be available as a means
          of stock withholding.

     (b)  Limit with Respect to Transferred Options.  If an Option was
          transferred by the Grantee or the tax liability resulting from
          the exercise of the Option is otherwise not imposed on the
          Optionee, method (ii) described in Section 9.04 shall not be
          available as a means of stock withholding.

                                   Article 10
                         Issuance of Shares on Exercise

10.01. Generally.

No Optionee will be considered a holder of any shares of Common
Stock subject to an Option until a stock certificate or certificates
for such shares are issued to the Optionee after an exercise of the
Option under the terms of the Plan. No Optionee shall be entitled
to dividends (ordinary or extraordinary, whether in cash, securities
or other property), distributions, or other rights with respect to
the shares subject to purchase under the Option unless the record
date for any such dividend, distribution, or other right falls on
or after the date the Optionee becomes a record holder of such shares.

All shares of Common Stock issued pursuant to an exercise of an
Option shall be issued in the name of the Optionee, or in the name
of the Optionee and the

                                   12

<PAGE>

Optionee's spouse, and shall, except as otherwise provided in Article
8, be freely transferable by the registered owners upon issuance.

10.02. Elective Issuance of Restricted Shares.

Certain Optionees, as determined by the Committee, may elect to
receive Restricted Shares upon the exercise of an Option if the
Optionee so states in the Notice of Exercise and has paid the
Exercise Price of the Option by attesting to or by delivering
shares of unrestricted Common Stock pursuant to Sections 8.02(b)
or 8.02(c).

If an Optionee elects on exercise of any Option to receive
Restricted Shares, the Company shall issue to the Optionee

(i)  a number of unrestricted shares of the Option Class of Common
     Stock equal to the number of unrestricted shares the Optionee
     used to pay the Exercise Price plus

(ii) all other shares issuable pursuant to the exercise of the
     Option as Restricted Shares, having the Vesting Period specified
     by the Optionee in the Notice of Exercise and otherwise subject
     to the restrictions on transfer and other terms set forth in
     Section 10.05.

10.03. Mandatory Issuance of Restricted Shares.

Certain Optionees, as determined by the Committee, may in the exercise
of an Option deliver or attest to ownership of Restricted Shares of
the Option Class of Common Stock in payment of the Exercise Price,
notwithstanding restrictions on transferability to which such shares
are subject. If an Optionee elects to so pay the Exercise Price of an
Option, the Company shall issue to the Optionee

(i)  a number of shares of the Option Class equal to the number of
     Restricted Shares used to pay the Exercise Price as Restricted
     Shares having a Vesting Period identical to the Vesting Period
     of the shares so used in payment of the Exercise Price and

(ii) all other shares of the Option Class issuable pursuant to the
     exercise of the Options as Restricted Shares having a Vesting
     Period identical to the Vesting Period of the shares so used
     to pay the Exercise Price, or if the Optionee elects in the
     Notice of Exercise, a Vesting Period extending beyond the end
     of the Vesting Period of the shares so used.

10.04. Issuance of Restricted Shares Not Available to Transferred
Options.

Neither the Optionee nor the Grantee of an Option transferred by
the Grantee pursuant to the provisions of this Plan may use
Restricted Shares in payment of the Exercise Price nor elect to
receive Restricted Shares on exercise of the Option.

10.05. Terms of Restricted Shares Issued on Exercise.

Subject to the right of the Optionee to elect the length of the
Vesting Period applicable to Restricted Shares issued pursuant to
an Option exercise under the

                                   13

<PAGE>

Plan, all Restricted Shares issued pursuant to the Plan shall be
subject to the terms and conditions set forth in this Section 10.05.

(a)  Restriction on Transfer. An Optionee who receives Restricted
     Shares may not sell, transfer, assign, pledge or otherwise
     encumber or dispose of the Restricted Shares until the end
     of the Vesting Period for such shares, except:

     (i)  to the Company in payment of the exercise price of a stock
          option issued by the Company under any director or employee
          stock option plan adopted by the Company that provides for
          payment of the exercise price in the form of restricted
          stock or

     (ii) to a trust that is a Qualified Trust upon the following
          terms:

          (A)  the Company receives, before the transfer, a true copy of the
               trust agreement of the Qualified Trust and an opinion from
               Optionee's counsel that (1) the trust will be treated as a
               grantor trust owned by the Optionee under Subchapter J of the
               Code at all times until the restrictions on such stock lapse
               or the stock is forfeited under the terms of their grant, (2)
               the terms of the trust provide that upon the forfeiture of the
               Restricted Shares under the terms of its grant or the earlier
               termination of the trust for whatever reason, ownership of the
               Restricted Shares shall revert to the Optionee or to the
               Company, (3) the trustee of such trust may not, prior to the
               lapsing of restrictions on such stock, sell, transfer, assign,
               pledge, or otherwise encumber or dispose of the Restricted Shares
               except to the Company or to the Optionee, subject to the
               restrictions provided for in this Plan, and (4) until the
               restrictions lapse, the trustee is not authorized to incur
               liabilities on behalf of the trust, other than to the
               beneficiaries of the trust; and

          (B)  the Corporate Secretary, in his discretion, may require the
               Optionee and the trustee to execute other documents as a
               precondition to such transfer to insure enforcement of the
               terms of the Restricted Shares or otherwise.

(b)  Enforcement of Transfer Restrictions. Unless the Corporate
     Secretary establishes alternative procedures, certificates
     representing Restricted Shares shall be registered in the
     name of the Optionee (or the Qualified Transferee trust in
     the case of shares transferred to such a trust pursuant to
     Section 10.05(a)) and shall be held by the Company in escrow,
     together with a stock power assigning the Restricted Shares
     back to the Company, to be used only in the event of the
     forfeiture of any of the Restricted Shares.

(c)  Vesting Period. When an Optionee elects a Vesting Period to
     apply to Restricted Shares issued under the Plan, the Optionee
     shall elect a Vesting Period ending at least six months and no
     more than ten years after the Exercise Date of the Option with
     respect to which the Restricted Shares

                                   14

<PAGE>

     were issued, but in no event may the Optionee elect a Vesting
     Period ending before the end of the Vesting Period of any
     Restricted Shares used to pay the Exercise Price of the Option
     pursuant to Section 10.03.

     The Corporate Secretary may establish restrictions on the dates
     during the year on which Vesting Periods electable pursuant to
     this Article 10 may end for the convenient administration of
     Restricted Shares issued under the Plan.

     At any time on or before the last day of the 13th calendar month
     that ends on or before the last day of the Vesting Period for any
     Restricted Shares, the Optionee may elect to extend the Vesting
     Period on all but not a portion of the Restricted Shares by any
     multiple of six months.

(d)  Forfeiture and Vesting of Restricted Shares.

     (1)  Vesting at End of Vesting Period. Any Restricted Shares not
          forfeited by the end of the Vesting Period shall vest, and
          the Company shall issue a certificate evidencing the shares
          to the registered owner thereof promptly after the end of the
          Vesting Period.

     (2)  Restricted Shares Issued Mandatorily. Unless the Committee
          determines otherwise, Restricted Shares issued mandatorily
          pursuant to the exercise of an Option under Section 10.03
          shall inherit the vesting conditions of the Restricted Shares
          used to pay the Exercise Price. If the Restricted Shares used
          to pay the Exercise Price would be forfeited upon the Grantee's
          termination of service or employment before the end of the
          Vesting Period, the Restricted Shares issued pursuant to such
          exercise shall be forfeited; if the Restricted Shares used
          to pay the Exercise Price would be vested upon the Grantee's
          termination of service or employment before the end of the Vesting
          Period, the Restricted Shares issued pursuant to such exercise
          shall vest and the Company shall issue a certificate representing
          the shares to the registered owner thereof. Likewise, Restricted
          Shares issued under the Plan shall be forfeited or shall vest upon
          the occurrence of any other event that would cause the forfeiture
          or vesting of the Restricted Shares used to pay the Exercise Price
          under Section 10.03.

     (3)  Restricted Shares Issued Electively. Unless the Committee
          determines otherwise, restrictions on Restricted Shares
          issued at the election of the Optionee under Section 10.02
          shall lapse if the Grantee terminates his service or employment
          at any time before the end of the Vesting Period for the
          Restricted Shares if

          (i)  the Grantee terminated service or employment by reason of the
               Grantee's Death or Total Disability,

          (ii) the Grantee terminated service or employment by reason of the
               Grantee's Normal Retirement, or

          (iii)the Grantee's employment was terminated involuntarily other

                                        15
<PAGE>

               than as a Termination for Cause,

          in which cases, the Company shall issue a certificate representing
          the shares to the registered owner thereof; otherwise the
          Restricted Shares shall be forfeited.

     (e)  Acceleration on Change in Control. Unless the Committee
          determines otherwise, Restricted Shares issued at the election
          of the Optionee under Section 10.02 shall vest on a Change
          in Control if the Change in Control occurs at least one year
          after the Exercise Date on which the Restricted Shares were
          issued.

     (f)  Rights of Grantee in Restricted Stock. The registered owner of
          Restricted Shares shall have the right to vote the shares of
          stock and to receive dividends or other distributions with
          respect to the shares.

                                   Article 11
                                 Reload Rights

11.01. Grant of Reload Rights on Outstanding Non-Qualified Options.

The Committee may grant Reload Rights with respect to any
outstanding Non-Qualified Options issued under any stock option
plan of the Company, whether originally granted with Reload Rights
or not.

11.02. Terms of Reload Options.

Any Underlying Option granted Reload Rights shall, unless the
Committee specifies other terms at the time the Reload Rights are
granted, entitle the Grantee to receive a new Option (a "Reload
Option") to purchase shares of the same Option Class as the
Underlying Option upon the Optionee's exercise of the Underlying
Option by delivery or attestation of shares of Common Stock in
payment of the Exercise Price on the terms set forth in this
Article 11.

(a)  Conditions to the Grant of Reload Options. No Reload Option
     shall be granted on the exercise of the Underlying Option unless

     (i)  a sufficient number of shares remain authorized and not issued
          or subject to purchase under outstanding Options granted under
          the Plan;

     (ii) the Grantee of the Option is a Director or Employee on the
          Exercise Date of the Underlying Option;

     (iii)the exercise of the Underlying Option is for the purchase of
          a number of shares of Common Stock at least equal to the
          lesser of (a) 25% of the total number of shares subject to
          purchase under the Underlying Option or (b) 100% of the shares
          with respect to which the Underlying Option is then exercisable;

     (iv) the Grant Date of the Reload Option would be at least one
          year before the Expiration Date of the Underlying Option; and

                                   16
<PAGE>

     (v)  the Fair Market Value of one share of the Underlying Option's
          Option Class on the Exercise Date is greater than or equal to
          the Strike Price of the Underlying Option.

(b)  Number of Shares Subject to Purchase; Grant Date. Each Reload
     Option shall entitle the Optionee to purchase a number of shares
     equal to the sum of

     (i)  the number of shares of the Option Class used to pay the
          Exercise Price of the Underlying Option pursuant to Sections
          8.02(b) or 8.02(c) on the Exercise Date and

     (ii) the number of shares of the Option Class delivered or
          withheld in payment of the Withholding Amount pursuant to
          Section 9.04.

     If the Exercise Date and the Tax Date do not coincide, the Reload
     Option shall be issued as two separate Options to purchase the
     number of shares set forth in (i) and (ii) above and having Grant
     Dates on the Exercise Date and the Tax Date, respectively.

(c)  Strike Price. Each Reload Option shall have a Strike Price
     equal to the Fair Market Value of one share of the Option Class
     of the Common Stock on the Grant Date of the Reload Option.

(d)  Expiration Date. Each Reload Option shall have the same
     Expiration Date as the Underlying Option.

(e)  No Reload Rights. No Reload Option shall have Reload Rights.

(f)  Rate of Exercisability. Each Reload Option shall become
     exercisable in full on the first anniversary of the Grant
     Date of the Reload Option.

(g)  Forfeiture on Disposition of Shares Acquired in Exercise of
     Underlying Option. Each Reload Option shall be forfeited if
     the Optionee disposes of any of the shares issued on exercise
     of the Underlying Option before the date six months after the
     Exercise Date to any Person other than the Company in the payment
     of Payroll Taxes on exercise of the Underlying Option.

(h)  Other Terms and Conditions. Except to the extent in conflict
     with the terms set forth in this Article 11, the terms for
     Options granted under the Plan as set forth in Section 7.01
     shall apply to each Reload Option.

(i)  Terms of Foreign Reload Options. A Foreign Reload Option shall
     be subject to the terms and conditions set forth in the plan in
     which the underlying reload right was granted.

11.03. Variant Reload Rights.

Any terms of Reload Rights or Reload Options different from those
set forth in this Article 11 must be set forth in the Stock Option
Agreement for the Underlying Option.

                                17

<PAGE>

                              Article 12
                    Change in Stock, Adjustments, Etc

If the outstanding Common Stock of the Company is increased or
decreased or changed into or exchanged for a different number of
shares or kind of shares or other securities of the Company or of
another Person by reason of a reorganization, merger,
consolidation, recapitalization, reclassification, stock split-up,
combination of shares, or a dividend payable in capital stock
(including a spinoff), or otherwise, the Committee shall make an
appropriate adjustment to the number and kind of shares for the
purchase of which Options may be granted under the Plan including
the maximum number that may be granted to any one person.

In addition, the Committee shall make appropriate adjustment to
the number and kind of shares as to which outstanding Options, or
portions thereof then unexercised, shall be exercisable and to the
Strike Price of the Options. Each such adjustment to outstanding
Incentive Stock Options shall be made in such a manner as not to
constitute a modification as defined in Code Section 424. If any
outstanding Options are subject to any conditions affected by the
event, the Committee shall also make appropriate adjustments to
such conditions. Any such adjustments made by the Committee shall
be conclusive.

The grant of an Option pursuant to the Plan shall not affect in
any way the right or power of the Company to make adjustments,
reclassifications, reorganizations or changes of its capital or
business structure or to merge or to consolidate or to dissolve,
liquidate, or to sell or transfer all or any part of its business
or assets.

                              Article 13
                      Amendment and Termination

The Board may at any time amend or terminate the Plan as it
considers advisable and in the best interests of the Company, but
no such termination or amendment may

(i)  without the consent of the Optionee, adversely affect or
     impair the rights of the Optionee under any outstanding
     Option; or

(ii) be inconsistent with the provisions of the 1997 Program.

                              Article 14
               Effective Date and Duration of the Plan

This Plan was initially effective as of February 17, 1990, and was
continued as a plan under the 1997 Program on the Program Adoption
Date. No Option shall be granted under the Plan after the last
permissible date for the granting of Options under the 1997
Program, but Options granted before that date may have Expiration
Dates that extend beyond such date.

                              18

<PAGE>

                              Article 15
                              Definitions

15.01. 1989 Program.

"1989 Program" means the Company's Long-Term Stock Incentive Program,
approved by the Company's shareholders on April 18, 1989.

15.02. 1997 Program.

"1997 Program" means the Company's 1997 Long-Term Stock Incentive
Program, approved by the Company's shareholders on April 15, 1997,
as amended from time to time.

15.03. Affiliate.

"Affiliate" means those Persons, other than Subsidiaries of the Company,
designated from time to time by the Committee as such.

15.04. Authorized Officer.

"Authorized Officer" means the Chief Executive Officer of the Company.

15.05. Board.

"Board" means the board of directors of the Company.

15.06. Change in Control.

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

(i)  the acquisition of securities of the Company representing 20%
     or more of the combined voting power of the Company's then outstanding
     securities by any "person" or "group" as such terms are defined in
     Sections 13(d) and 14(d) of the Exchange Act, other than

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

     (B)  the Company or a Person (or one of its Subsidiaries) owned by
          the stockholders of the Company in substantially the same
          proportions as their ownership of the stock of the Company; or

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

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

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

     (B)  whose election as director was approved by a vote of two-
          thirds of the then directors described in the preceding clause
          (A) or this clause (B) by prior election;

                                   19

<PAGE>

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

15.07. Code.

"Code" means the Internal Revenue Code of 1986, as amended, or any
successor statute.

15.08. Code Section.

"Code Section" is a reference to a particular section of the Code, and
includes any successor provision or the same or a successor provision as
renumbered at any time.

15.09. Committee.

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

15.10. Common Stock.

"Common Stock" means any class of the Company's publicly-traded common
stock as the Committee may determine to issue under the Plan, including
the FON Stock and the PCS Stock.

15.11. Company.

"Company" means Sprint Corporation, a Kansas corporation, or its
successor.

15.12. Corporate Secretary.

"Corporate Secretary" means the secretary of the Company.

15.13. Director.

"Director" means a member of the Board or a member of the board of
directors of a Subsidiary of the Company.

15.14. Employee.

"Employee" means an employee of the Company or a Subsidiary of the
Company.

15.15. Equity Security.

"Equity Security" means an equity security as defined by the Exchange
Act for purposes of Exchange Act Section 16.

15.16. Exchange Act.

                                   20

<PAGE>

"Exchange Act" means the Securities Exchange Act of 1934, as amended
from time to time and as interpreted and implemented by the rules and
regulations issued thereunder.

15.17. Exchange Act Section 16.

"Exchange Act Section 16" means section 16 of the Exchange Act.

15.18. Executive Officer.

"Executive Officer" means an officer of the Company that is
subject to the liability provisions of Exchange Act Section 16.

15.19. Exercise Date.

"Exercise Date" has the meaning indicated in Section 8.01.

15.20. Exercise Price.

"Exercise Price" means, with respect to the exercise of an Option,
the Strike Price of the Option multiplied by the number of shares
with respect to which the Option is being exercised.

15.21. Expiration Date.

"Expiration Date" means, with respect to any Option, the last date on
which the Option may be exercised in the absence of an earlier
forfeiture of the Option.

15.22. Fair Market Value.

"Fair Market Value" means, with respect to any class of the Common Stock
on any date, the average of the high and low prices per share of that
class of Common Stock for composite transactions on that date, unless
there was no trading in that class of Common Stock on that date, in
which case, on the most recent day before that date on which that class
of Common Stock was traded. The Fair Market Value of shares of Restricted
Stock shall be determined without taking into account any restrictions.

"Fair Market Value" means, with respect to other property, the
value of the property as determined by the Committee.

15.23. FON Stock.

"FON Stock" means the Series 1 FON Stock as described in the
Company's articles of incorporation.

15.24. Foreign Reload Option.

"Foreign Reload Option" means a reload option issued with respect
to an option issued under a plan of Sprint's other than this Plan.

15.25. Grant Date.

"Grant Date" means, with respect to any Option, the date on which
the term of the Option begins, as determined in Article 7 and Article 11.

15.26. Grantee.

                                   21

<PAGE>

"Grantee" means, with respect to any Option, the Director or Employee to
whom the Option was originally granted, notwithstanding any subsequent
transfer of the Option under the terms of the Plan.

15.27. Incentive Stock Option.

"Incentive Stock Option" means an Option designated as such in the action
granting the Option. This Plan's intent is that Incentive Stock Options
meet the requirements of Code Section 422.

15.28. Minimum Withholding Amount.

"Minimum Withholding Amount" means, with respect to any Option exercise,
the amount the employer is required to withhold from the income of the
Payroll Taxpayer under the Payroll Tax laws.

15.29. Non-Qualified Option.

"Non-Qualified Option" means any Option that is not an Incentive Stock Option.

15.30. Normal Retirement.

"Normal Retirement" means, with respect to any Employee, Retirement at or
later than an age qualifying as "normal retirement" under the Company's
defined benefit pension plan, whether or not the person is a participant
in the plan and, with respect to any Director, termination of service as a
Director at the mandatory retirement age for members of the Board under its
policies, as amended from time to time, even if the Director serves on the
board of a Subsidiary or Affiliate.

15.31. Notice of Exercise.

"Notice of Exercise" means the notice by an Optionee of the
exercise of an Option as set forth in Section 8.01.

15.32. Option.

"Option" means the right, set forth in a written agreement
between the Company and an Optionee, authorized by this Plan
to acquire a determinable number of shares of the Option Class
of Common Stock at a determinable price for a determinable
period of time and having such other terms as may be determined by
the Committee or Authorized Officer or as set forth in this Plan.

15.33. Option Class.

"Option Class" means, with respect to any Option, the class of
Common Stock subject to purchase pursuant to the terms of the Option.

15.34. Optionee.

"Optionee" means, with respect to any Option at any particular time,
the holder of the Option at that time.

15.35. Payroll Tax.

                                   22

<PAGE>

"Payroll Tax" means any tax required by an employer to be withheld
from wages paid to its employees, including but not limited to
federal income tax withholding, Social Security and Medicare
withholding taxes, and state and local income tax withholding.

15.36. Payroll Taxpayer.

"Payroll Taxpayer" has the meaning specified in Section 9.01.

15.37. PCS Stock.

"PCS Stock" means the Series 1 PCS Stock as defined  in the Company's
articles of incorporation.

15.38. Person.

"Person" means any individual, corporation, partnership, limited
liability company, business trust, or other entity.

15.39. Program Adoption Date.

"Program Adoption Date" means April 15, 1997.

15.40. Plan.

"Plan" means the 1990 Stock Option Plan, the terms of which are set
forth in this document.

15.41. Qualified Transferee.

"Qualified Transferee" means a Qualified Trust.

15.42. Qualified Trust.

"Qualified Trust" means a trust.

(i)  that is a grantor trust treated as owned by the Grantee under
     Subchapter J of the Code;

(ii) of which the Grantee, the Grantee's spouse, or the Grantee's
     descendants by blood, adoption, or marriage, are the sole
     beneficiaries; and

(iii)that, by its terms, may not be amended to violate the foregoing
     restrictions so long as the trust is an Optionee under this Plan.

15.43. Reload Option.

"Reload Option" means an Option granted upon exercise of an Option
having Reload Rights under the terms and conditions set forth in
Article 11

15.44. Restricted Shares.

"Restricted Shares" means shares of Common Stock subject to
restrictions on transfer and the possibility of forfeiture for any
period of time.

15.45. Retirement.

"Retirement" means, in the case of an Employee, termination of
employment by an employee who is entitled to receive payment of
pension benefits in accor-

                                   23

<PAGE>

dance with the Sprint Retirement Pension Plan or his employer's defined
benefit pension plan, if any, immediately after the employee's
Termination Date and, in the case of a Director, termination of service
as a Director after five years of service as a Director.

15.46. Seasoned Shares.

"Seasoned Shares" means, with respect to any Person, shares of Common
Stock

(i)  acquired by such Person from the Company and owned by such
     Person for a period of at least six months; or

(ii) acquired by such Person other than from the Company.

15.47. Securities Act.

"Securities Act" means the Securities Act of 1933, as amended from
time to time and as interpreted and implemented by the rules and
regulations issued thereunder.

15.48. Strike Price.

"Strike Price" means, with respect to any Option, the price per share
at which the Optionee is entitled to purchase shares of Common Stock.

15.49. Subsidiary.

"Subsidiary" means, with respect to any Person (the "Controlling Person"),

(i)  all Persons (the "Controlled Persons") in whom the Controlling
     Person, together with its Subsidiaries, directly owns more than
     50% of the voting rights, and

(ii) all Subsidiaries of the Controlled Persons.

15.50. Tax Date.

"Tax Date" means, with respect to any Option exercise, the date on
which the shares issued pursuant to the Option exercise become subject
to federal income taxation.

15.51. Termination Date.

"Termination Date" means,

(i)  with respect to any Employee, the date on which the Employee
     ceases to be employed by the Company, any of its Subsidiaries,
     or any Affiliate, and ceases to receive severance benefits under
     any applicable plans for the payment of severance benefits by the
     employing entity, or

(ii) with respect to any Director, the date on which the
     Director's service as a director ends.

15.52. Termination for Cause.

In the case of an Employee, "Termination for Cause" means an involuntary
termination of employment because

                                   24

<PAGE>

(i)  the employee has materially breached the Company's Code of
     Ethics, or the code of ethics of the employer;

(ii) the employee has materially breached the Sprint Employee
     Agreement Regarding Property Rights and Business Practices;

(iii)the employee has engaged in acts or omissions constituting
     dishonesty, intentional breach of a fiduciary obligation, or
     intentional acts of wrongdoing or misfeasance; or

(iv) the employee has acted intentionally and in bad faith in a
     manner that results in a material detriment to the assets,
     business, or prospects of the employer.

In determining whether any particular employee was Terminated for
Cause, the characterization of the reason for termination used for
purposes of other employee benefit plans of the Company or other
employer shall apply to this Plan.

In the case of a Director, "Termination for Cause" means removal
for cause from service as a director.

15.53. Total Disability.

"Total Disability" means, in the case of employees, termination
of employment under circumstances that would make the employee
eligible to receive benefits under the employer's long-term
disability plan and, in the case of Directors, termination of
service as a Director under circumstances that would make the
Director eligible to receive Social Security disability benefits.

15.54. Underlying Option.

"Underlying Option" means, with respect to any Reload Option, the
Option to which the Reload Rights were attached and the exercise
of which resulted in the grant of the Reload Option.

15.55. Vesting Period.

"Vesting Period" means, with respect to any Restricted Shares,
the period of time during which the Restricted Shares (i) are
subject to limitations on transfer and (ii) may be divested from
the owner upon failure to meet any applicable conditions to vesting.

15.56. Withholding Amount.

"Withholding Amount" has the meaning specified in Section 9.02.

                                   25Exhibit 10(c)

      MANAGEMENT INCENTIVE STOCK OPTION PLAN

1.   Establishment and Purpose.  Sprint
     Corporation, a Kansas corporation (the
     "Company"), hereby establishes a stock option
     plan to be named the Management Incentive
     Stock Option Plan (the "Plan") The purpose of
     the Plan is to permit employees of the
     Company and its subsidiaries who are eligible
     to receive annual incentive compensation to
     receive nonqualified stock options in lieu of
     a portion of the target incentive under the
     Company's management incentive plans
     ("MIPs"), thereby encouraging the employees
     to focus on the growth and profitability of
     the Company and the performance of its common
     stock.  Subject to approval of the Company's
     stockholders, the Plan provides for options
     to be granted beginning March 15, 1995, and
     ending April 18, 2005.  Stock options granted
     prior to or as of April 18, 2005, may extend
     beyond that date.

2.   Administration.  The Plan shall be
     administered by the Organization and
     Compensation Committee of the Board of
     Directors (the "Committee").  The Company
     shall grant options under the Plan in
     accordance with determinations made by the
     Committee pursuant to the provisions of the
     Plan.  The Committee from time to time may
     adopt (and thereafter amend and rescind) such
     rules and regulations for carrying out the
     Plan and take such action in the
     administration of the Plan, not inconsistent
     with the provisions of the Plan, as it shall
     deem proper.  The Committee may correct any
     defect, supply any omission or reconcile any
     inconsistency in the Plan, or in any option
     or restricted shares of common stock granted
     or issued pursuant to the Plan, in the manner
     and to the extent it shall deem desirable to
     effect the terms of the Plan. With respect to
     any option or restricted stock issued under
     the Plan, the Committee may determine when
     the option may become exercisable or the
     restrictions on restricted stock shall lapse,
     as the case may be, whenever, in the
     judgement of the committee, doing so would be
     in the best interest of the Corporation.  The
     interpretation and construction of any
     provisions of the Plan by the Committee
     shall, unless otherwise determined by the
     Board of Directors of the Company, be final
     and conclusive.  No member of the Board of
     Directors or the Committee shall be liable
     for any action or determination made in good
     faith with respect to the Plan or any option
     granted under it.  The Corporate Secretary
     shall act as Plan Administrator carrying out
     the day-to-day administration of the Plan
     unless the Committee appoints another officer
     or employee of the Company as Plan
     Administrator.

3.   Eligibility.  The Committee will determine
     each year whether options will be granted in
     such year, whether participation will be
     elective or automatic, which class or classes
     of common stock will be subject to purchase
     by participants (which may different for
     different groups of employees) and the amount
     of incentive compensation to be given up for
     each stock option.  Any salaried employee of
     the Company and its subsidiaries shall be
     eligible to be selected for participation in
     the MIPs.  The Committee will, in its
     discretion, determine the employees who
     participate in the MIPs and, therefore, who
     will be eligible for

<PAGE>

     options, the dates on which options shall be
     granted, and any conditions on the exercise of
     the options.

     No option may be granted to any individual who
     immediately after the option grant owns directly
     or indirectly  stock  possessing more than five
     percent (5%) of the total combined voting power
     or value of all classes of stock of the Company
     or any subsidiary.

4.   Common Stock Subject to the Plan.  The shares
     of any class of publicly traded common stock
     of the Company to be issued upon the exercise
     of a nonqualified option to purchase such
     common stock granted in lieu of MIP payout
     may be made available from the authorized but
     unissued common stock of the Company, shares
     of common stock held in the treasury, or
     common stock purchased on the open market or
     otherwise.

     Approval of the Plan by the  Stockholders  of
     the Company shall  constitute authorization  to
     use such shares for the Plan subject to the
     discretion of the Board or as such discretion may
     be delegated to the Committee.

     Subject to the provisions of the following  paragraph,
     the total number of shares for which  options may be
     granted  under the Plan each year shall be 0.9% of the
     total  outstanding  shares of each class of common stock
     of the Company (including, with respect to the PCS
     Stock, both Series 1 and Series 2 PCS Stock) as of the
     first day of such year; provided, however, that such
     number shall be increased in any year by the number of
     shares  available in previous  years for which  options
     have not been  granted.  If and when an option  granted
     under  the  Plan  is  forfeited,  cancelled,  expired,
     or otherwise  terminated  without having been exercised
     in full, the remaining shares shall again become
     available for grant under the Plan.

     The  number  and kind of shares  subject  to the
     Plan may be  appropriately adjusted by the Committee
     in the circumstances outlined in Section 5(k).

5.   Stock Options; Terms and Conditions.  Each
     option will represent the right to purchase a
     specific class and number of shares of common
     stock of the Company and shall be subject to
     the following terms and conditions and to
     such additional terms and conditions, not
     inconsistent with the terms of the Plan, as
     the Committee shall deem desirable:

     a.   Consideration for and Class and Number of
          Options.  Each option shall be granted in lieu of
          a portion of the optionee's payout under the MIPs
          or in lieu of other incentive compensation as
          determined by the Committee.  The Committee shall
          determine the class and the number of shares or
          the manner of determining the class and number of
          shares available for each option, subject to the
          total number of shares available under the Plan
          for such year, and the amount or the method of
          determining the consideration to be given up by
          each participant in return for an option, taking
          into consideration appropriate factors in making
          such determinations, such as interest rates,
          volatility of the market price of the class of
          common stock of the Company and the term of the
          option; provided, however that shares

                              2

<PAGE>

          subject to options granted to any individual
          employee during any calendar year shall not
          exceed a total of 1,000,000 shares of FON Stock
          (as defined in the Company's articles of
          incorporation) or 500,000 shares of Series 1
          PCS Stock (as defined in the Company's articles
          of incorporation).Consideration for and Class
          and Number of Options.

     b.   Participation in the Plan.  Participation in the
          Plan may be voluntary or automatic, as determined
          by the Committee. The rules and procedures for
          voluntary participation, when applicable, shall
          be established and implemented by the Plan
          Administrator.

     c.   Exercise Price.  The price at which each
          share covered by an option may be purchased shall
          be one hundred percent (100%) of the fair market
          value of the Company's common stock on the date
          the option is granted.  Fair market value shall be
          deemed to be the average of the high and low
          prices of the Company's common stock for composite
          transactions as published by major newspapers for
          the date the option is granted or, if no sale of
          the Company's common stock shall have been made on
          that day, the next preceding day on which there
          was a sale of such stock.

     d.   Vesting.  Unless the Committee
          determines otherwise, stock option
          grants shall provide: (i) with respect
          to options issued in lieu of annual
          management incentive compensation, that
          the total number of shares subject to an
          option shall become exercisable December
          31 in the year of the date of grant and
          (ii) with respect to options issued in
          lieu of or as part of long-term
          incentive compensation ("LTIP Options")
          that the total number of shares subject
          to the option shall become exercisable
          in full on the third December 31
          following the grant date.  Unless the
          Committee provides otherwise, if the
          grantee of an LTIP Option terminates
          employment by reason of the grantee's
          death, total disability, or normal
          retirement (with respect to options
          outstanding at least 1 year on
          retirement), the LTIP Option shall
          become exercisable in full on the
          grantee's termination date.  Unless the
          Committee provides otherwise, if the
          grantee of any other option terminates
          employment before the option becomes
          exercisable for any reason other than
          termination for good cause, the option
          shall be forfeited and any incentive
          compensation foregone to acquire the
          options shall be restored to the grantee
          as if an election to acquire options
          were not made.

     e.   Term of Option.  Options shall not be
          exercisable after the expiration of ten
          (10) years from the date of grant.

     f.   Payment of Exercise Price.  Options
          shall be exercisable only upon payment
          to the Company of the full purchase
          price of the shares with respect to
          which options are exercised.  Payment
          for the shares shall be either in United
          States dollars, payable in cash or by
          check, or by surrender of stock
          certificates representing the same class
          of common stock of the Company having an
          aggregate fair market value, determined
          as of the date of exercise, equal to the
          number of shares

                              3

<PAGE>

          with respect to which such options are
          exercised multiplied by the exercise price
          per share.  The fair market value of
          common stock on the date of exercise of
          options shall be determined in the same
          manner as the fair market value of
          common stock on the date of grant of
          options is determined. Certain optionees
          may use restricted stock as payment for
          the exercise price in accordance with
          Section 6 hereof.  In that event, fair
          market value of the shares of restricted
          stock will be determined as if the shares
          were not restricted.  In lieu of the
          delivery of physical certificates, the
          optionee may deliver shares in payment
          of the exercise price by attesting, on a
          form established for such purpose by the
          Secretary, to the ownership, either
          outright or through ownership of a
          broker account, of a sufficient number
          of shares held for a period of at least
          six months to pay the exercise price.
          The attestation must be notarized and
          signed by the optionee's spouse if the
          spouse is a joint owner of the shares
          with respect to which such attestation
          is made and must be accompanied by such
          documentation as the Corporate Secretary
          may consider necessary to evidence
          actual ownership of such shares.

     g.   Manner of Exercise.  A completed
          exercise form and the exercise price,
          whether in the form of cash or stock,
          must be delivered to the Plan
          Administrator in order to exercise an
          option.  An option shall be deemed
          exercised on the date such exercise form
          and payment are received by the Plan
          Administrator.

     h.   Time for Exercise.  Each option expires
          if it has not been exercised within its
          term.  Once an option has expired for
          any reason, it can no longer be
          exercised.  If the grantee's employment
          with the Company or a subsidiary of the
          Company is terminated, the optionee may
          exercise options that are exercisable on
          the date of termination of employment
          until the earlier of (1) the date on
          which the option expires and (2) the end
          of the applicable  period below,
          beginning on the grantee's:

          (i)  retirement:  five years after the
               grantee's retirement date.

          (ii) disability  (qualifying for long-term
               disability  benefits under the Company's
               Basic Long-Term  Disability Plan):
               five years after the grantee's
               qualification date.

          (iii)death:  one year  after the  grantee's
               death  for the  estate or designated
               beneficiary to exercise the decedent's
               options.

          (iv) involuntary  termination  other than
               for cause: the date on which the option
               expires.

          (v)  voluntary  termination:  three months
               from the grantee's  date of termination
               of employment.

          If a grantee's employment is terminated for
          a reason constituting good cause,   any
          outstanding   options  granted  under  the
          Plan  shall automatically  terminate.
          "Good cause"  means  conduct by the grantee

                              4

<PAGE>

          that reflects adversely on the grantee's
          honesty,  trustworthiness or fitness as an
          employee, or the grantee's willful engagement
          in conduct which is demonstrably and
          materially injurious to the Company.

          If a grantee becomes  associated  with,
          becomes  employed by, renders services  to,
          or owns any  interest  in (other  than an
          insubstantial interest,  as determined by the
          Committee) any business in competition with the
          Company,  all  outstanding  options  granted
          to the  grantee whether vested or unvested shall
          automatically terminate and shares of restricted
          stock received upon the exercise of an option
          pursuant to Section 6 hereof that  continue to
          be  restricted  shall be forfeited. For purposes
          of this Plan, an employee who becomes employed
          by certain non- subsidiary affiliates designated
          by the Committee (each, together with their
          subsidiaries,  an "Affiliated  Entity"),  shall
          not, except with  respect  to  incentive  stock
          options,  be  considered  to have terminated
          employment with the Company or a subsidiary of
          the Company until  his  employment  is
          terminated  with all  Affiliated  Entities
          without becoming re-employed by the Company
          or its subsidiaries.

     i.   Restricted  Stock.  Certain  grantees may elect
          to deliver  restricted shares or receive
          restricted shares in connection with an exercise
          of an option by the grantee, as provided in
          Section 6 hereof.

     j.   Beneficiary Designations.  The grantee
          of an option may designate a beneficiary
          or beneficiaries to exercise unexpired
          options held by the grantee and to own
          shares issued upon any such exercise
          after the grantee's death without order
          of any probate court or otherwise.  A
          beneficiary so designated may exercise
          an option upon presentation to the
          Company of evidence satisfactory to the
          Corporate Secretary of (1) the
          beneficiary's identity and (2) the death
          of the grantee.  A grantee may change
          any beneficiary designation of options
          held by the grantee at anytime before
          his death but may not do so by
          testamentary designation in his will or
          otherwise.  Beneficiary designations
          must be made in writing on a form
          provided by the Corporate Secretary.
          Beneficiary designations shall become
          effective on the date that the form,
          properly completed, signed and
          notarized, is received by the Secretary.
          Any designation of a beneficiary with
          respect to any option shall be deemed
          canceled upon the transfer of such
          option to a trust in accordance with the
          terms of the Plan.

     k.   Change in Stock, Adjustments.  In the
          event of any merger, reorganization,
          consolidation, recapitalization, stock
          dividend, spin-off, or other change in
          the corporate structure affecting the
          shares, such adjustment shall be made in
          the aggregate number and class of shares
          that may be delivered under the Plan, in
          the number and class of shares that may
          be subject to an option granted to any
          individual in any year under the Plan,
          and in the number, class, and option
          price of shares subject to outstanding
          options granted under the Plan, as may
          be determined to be appropriate by the
          Committee, in its sole discretion,
          provided that the number of shares
          subject to any option shall always be a
          whole number.

                              5

<PAGE>

     l.   Limitations on Transfer.  Options may
          not be transferred, levied, garnished,
          executed upon, subjected to a security
          interest, or assigned to any person
          other than the grantee, except that the
          grantee may transfer an option to a
          trust of the kind described in Section
          6(b). Any such trust as transferee of an
          option may not (1) dispose of shares
          received in an exercise of such options
          until such shares are validly registered
          or exempt from registration under any
          applicable exemption from registration
          under the Securities Act of 1933, as
          amended, in the opinion of the Corporate
          Secretary or (2) while continuing to
          hold options issued under this plan, be
          amended to change beneficiaries to
          persons other than those permissible
          under Section 6(b). Documents evidencing
          the transfer of any option and the
          identity of the transferee shall be in
          such form as may be required by the
          Corporate Secretary.

6.   Restricted Stock.  Certain grantees, as
     determined by the Committee, may elect to
     receive restricted shares upon payment for
     the exercise of an option in the form of
     unrestricted common stock.  The grantee will
     receive the same number of unrestricted
     shares as the number of shares surrendered to
     pay the exercise price, while the shares
     received in excess of the number surrendered
     to pay the exercise price may be restricted.
     Such grantees may also elect to deliver
     restricted shares of the Company's common
     stock in payment of the exercise price
     notwithstanding restrictions on
     transferability to which such shares are
     subject.   The Company shall be authorized to
     issue restricted shares of common stock upon
     such exercises of stock options, subject to
     the following conditions:

     a.   The grantee shall elect a vesting period
          for the restricted common stock to be
          received upon exercise of the option of
          between 6 months and 10 years, subject
          to rules and procedures established by
          the Plan Administrator, but in no event
          may a grantee elect a vesting period
          shorter than the period provided in
          paragraph (d) of this Section 6.  At any
          time on or before the 13th calendar
          month preceding the date on which
          restrictions on shares of restricted
          stock would otherwise lapse, the grantee
          may elect to extend the vesting period
          on all but not a portion of such shares
          by six months or any multiple of six
          months.

     b.   The grantee who receives restricted
          stock may not sell, transfer, assign,
          pledge or otherwise encumber or dispose
          of shares of restricted stock until such
          time as all restrictions on such stock
          have lapsed except:  (i) to the Company
          in payment of the exercise price of a
          stock option issued by the Company under
          any employee stock option plan adopted
          by the Company that provides for payment
          of the exercise price in the form of
          restricted stock, provided that such
          payment is made in accordance with the
          terms of such plan; or (ii) to a trust
          of which the grantee, the grantee's
          spouse, or descendants (by blood,
          adoption, or marriage) of the grantee
          are the primary beneficiaries and which
          is a grantor trust treated as owned by
          the grantee under Subchapter J of the
          Internal Revenue Code, upon the
          following terms:

          (A)  the Company receives, prior to such
               transfer, a true copy of the trust
               agreement and an opinion from
               grantee's counsel (1)

                              6

<PAGE>

               that the trust will be treated as a
               grantor trust owned by the grantee
               under Subchapter J of the Internal
               Revenue Code at all times until the
               restrictions on such stock lapse or
               the stock is forfeited under the
               terms of its grant, (2) that the
               terms of the trust provide that
               upon the forfeiture of the
               restricted stock under the terms of
               its grant or the earlier
               termination of the trust for
               whatever reason, ownership of the
               restricted stock shall revert to
               the grantee or to the Company, (3)
               that the trustee of such trust may
               not, prior to the lapsing of
               restrictions on such stock, sell,
               transfer, assign, pledge, or
               otherwise encumber or dispose of
               shares of restricted stock except
               to the Company or to the grantee,
               subject to the restrictions
               provided for in this Plan, and (4)
               that, until the restrictions lapse,
               the trustee is not authorized to
               incur liabilities on behalf of the
               trust, other than to the
               beneficiaries of the trust; and

          (B)  the  grantee and the  trustee of
               the trust  shall  execute  stock
               powers in blank to be held in the
               custody of the Company; and

          (C)  the Corporate Secretary of the
               Company may, in his discretion,
               enforce the foregoing transfer
               restrictions by maintaining
               physical custody of the certificate
               or certificates representing such
               shares of restricted stock, by
               placing a restrictive legend on
               such certificates, by requiring the
               grantee and the trustee to execute
               other documents as a pre-condition
               to such transfer, or otherwise.

     c.   A grantee  who  elects to  receive
          restricted  common  stock  upon an
          exercise shall have the right to satisfy
          tax  withholding  obligations in the
          manner provided in Section 8 hereof.

     d.   Restricted common stock received in such
          an exercise or from other plans of the
          Company may be used for payment of the
          exercise price of a stock option to
          purchase shares of the same class, so
          long as all the shares received as a
          result of such an exercise are
          restricted for a period at least as long
          as, and shall have other terms
          consistent with the terms of, the
          restricted common stock used in payment.

     e.   The shares of restricted common stock
          received in an exercise of a stock
          option that continue to be restricted
          shall be forfeited in the event that
          vesting conditions are not satisfied,
          subject to the discretion of the
          Committee, except in the case of death,
          disability, normal retirement, or
          involuntary termination for reasons
          other than for good cause, in which case
          all restrictions lapse; provided,
          however, that in no event shall
          restrictions lapse if the restrictions
          on shares used to pay for the exercise
          price pursuant to Section 6(d) would not
          have lapsed under the same conditions.
          If restricted shares are forfeited, the
          grantee or his representative shall sign
          any document and take any other action
          required to assign said restricted
          shares back to the Company.

                              7

<PAGE>

     f.   The grantee will have all the rights of
          a stockholder with respect to shares of
          restricted stock received upon the
          exercise of an option, including the
          right to vote the shares of stock and
          the right to dividends on the stock.
          Unless the Plan Administrator
          establishes alternative procedures, the
          shares of restricted stock will be
          registered in the name of the grantee
          and the certificates evidencing such
          shares shall bear an appropriate legend
          referring to the terms, conditions and
          restrictions applicable to the award and
          shall be held in escrow by the Company.
          The grantee shall execute a stock power
          or powers assigning the shares of
          restricted stock back to the Company,
          which stock powers shall be held in
          escrow by the Company and used only in
          the event of the forfeiture of any of
          the shares of restricted stock.  A
          certificate evidencing unrestricted
          shares of common stock shall be issued
          to the grantee promptly after the
          restrictions lapse on any restricted
          shares.

     g.   The Plan Administrator shall have the
          discretion and authority to establish
          any rules in connection with the use of
          restricted stock, including but not
          limited to regulating the timing of the
          lapse of restrictions within the six-
          month to ten-year period and prescribing
          election forms as the Plan Administrator
          deems necessary or desirable for the
          orderly administration of such
          exercises.

7.   Reload Options.  The Committee may provide
     that optionees have the right to a reload
     option,  which  shall  be  subject  to the
     following  terms  and conditions:

     a.   Grant of the Reload Option; Number of Shares;
          Price.  Subject to subsections (b) and (c) of this
          Section 7 and to the availability of shares to be
          optioned under the Plan, if an optionee has an
          option to purchase shares of any class of common
          stock (the "original option") with reload rights
          and pays for the exercise of the original option
          by surrendering common stock of the same class,
          the optionee shall receive a new option ("reload
          option") to purchase the number and class of
          shares so surrendered (or, if applicable, the
          number of shares provided for in paragraph (h) of
          this Section 7) at an exercise price equal to the
          fair market value of the class of stock on the
          date of the exercise of the original option. If,
          in the judgment of the Company's Corporate
          Secretary, the number of shares available on the
          exercise of the original options falls below a
          number sufficient to provide for the grant of
          reload options and for other purposes under the
          Plan, the Company's Corporate Secretary may
          authorize the issuance of reload options from any
          other plan of the Company's under which sufficient
          shares are authorized but not issued.

     b.   Minimum Purchase Required.  A reload
          option will be granted only if the
          exercise of the original option is an
          exercise of at least 25% of the total
          number of shares granted under the
          original option (or an exercise of all
          the shares remaining under the original
          option if less than 25% of the shares
          remain to be exercised).

                              8

<PAGE>

     c.   Other Requirements.  A reload option:
          (1) will not be granted if the market
          value of the common stock of the Company
          on the date of exercise of the original
          option is less than the exercise price
          of the original option; (2) will not be
          granted if the grantee is not, on the
          exercise date, an employee of Sprint or
          a Sprint subsidiary; (3) will not be
          granted if the original option is
          exercised less than one year before the
          expiration of the original option; and
          (4) with respect to options transferred
          by the grantee to another person in
          accordance with this Plan, reload
          options shall be granted to the grantee
          upon a stock-for-stock exercise by the
          optionee to the same extent as if the
          grantee had exercised the option in a
          similar manner.

     d.   Term of Option.  The reload option shall
          expire on the same date as the original
          option.

     e.   Type of Option.  The reload option shall
          be a  nonqualified  option to purchase
          shares of the same class of shares as the
          original option.

     f.   No Additional Reload Options. The reload
          options shall not include any right to a
          second reload option.

     g.   Date of Grant, Vesting.  The date of
          grant of the reload option shall be the
          date of the exercise of the original
          option.  The reload options shall be
          exercisable in full beginning one year
          from date of grant; provided, however,
          that all shares purchased upon the
          exercise of the original option (except
          for any shares withheld for tax
          withholding obligations) shall not be
          sold, transferred or pledged within six
          months from the date of exercise of the
          original option. The reload option shall
          become exercisable in full if the
          optionee terminates employment by reason
          of the grantee's death, disability, or
          normal retirement.  In no event shall a
          reload option be exercised after the
          original option expires as provided in
          subsection (d) of this Section 7.

     h.   Stock Withholding; Grants of Reload
          Options.  If the other requirements of
          this Section 7 are satisfied, and if
          shares are withheld or shares
          surrendered for tax withholding, a
          reload option will be granted for the
          number of shares surrendered as payment
          for the exercise of the original option
          plus the number of shares surrendered or
          withheld to satisfy tax withholding.  In
          connection with reload options for
          officers who are subject to Section 16
          of the Securities Exchange Act of 1934,
          the Committee may at any time impose any
          limitations which, in the Committee's
          sole discretion, are necessary or
          desirable in order to comply with
          Section 16(b) of the Securities Exchange
          Act of 1934 and the rules and
          regulations thereunder, or in order to
          obtain any exemption therefrom.

     i.   Other  Terms and  Conditions.  Except
          as  otherwise  provided  in this Section
          7, all the  provisions  of the  Plan
          shall  apply to  reload options.

8.   Stock Withholding Election.  When taxes are
     withheld in connection with the exercise of a
     stock option by delivering shares of stock in
     payment of the

                          9

<PAGE>

     exercise price, or upon the lapse of
     restrictions on restricted stock received
     upon the exercise of an option (the date on
     which such exercise occurs or such
     restrictions lapse hereinafter referred to as
     the "Tax Date"), the optionee may elect to
     make payment for the withholding of federal,
     state and local taxes, including Social
     Security and Medicare ("FICA") taxes, up to
     the optionee's marginal tax rate, by one or
     both of the following methods:

     (i)  delivering  part or all of the payment
          in  previously-owned  shares of the same
          class  (which  shall be valued at fair
          market,  as  defined herein,  on the Tax
          Date) which shares,  if acquired from the
          Company, must have been held for at least
          six months;

     (ii) requesting  the  Company  to  withhold
          from those  shares  that would otherwise
          be received upon exercise of the option
          or upon the lapse of restrictions,  a
          number  of  shares  having a fair  market
          value  (as defined  herein) on the Tax Date
          equal to the amount to be  withheld. The
          amount of tax  withholding to be satisfied
          by  withholding  shares from the option
          exercise is limited to the  minimum  amount
          of taxes, including FICA taxes, required to
          be withheld under federal, state and local
          law.

     Such  election is  irrevocable  after the Tax
     Date.  Any  fractional  share amount  and any
     additional  withholding  not  paid by the
     withholding  or surrender  of shares must be
     paid in cash.  If no timely  election is made,
     cash must be delivered to satisfy all tax
     withholding requirements.

     If the  exercise of an option by an optionee
     other than the grantee  after transfer  of the
     option  pursuant  to this  plan from the  grantee
     to the optionee  results in a  withholding
     obligation on the part of the grantee, the
     grantee may elect to satisfy his withholding
     obligation by delivery of shares to the Company
     as permitted in clause (i) above.

9.   Acceleration on a Change in Control

     a.   With respect to any LTIP Option
          outstanding for at least one year or any
          restricted shares issued under the Plan
          other than pursuant to Section 6(d), the
          options shall (subject to the 280G
          limitations applicable under the 1990
          Stock Option Plan) become exercisable in
          full and the restrictions shall lapse,
          as the case may be, upon a change in
          control of the Company.

     b.   For purposes of this Plan, a "change in
          control of the Company"  shall be deemed
          to have occurred  whenever a "Change in
          Control"  occurs for purposes of the
          Company's 1990 Stock Option Plan, as
          amended from time to time.

10.  Miscellaneous.

     a.   Amendment.  The Company reserves the
          right to amend the Plan at any time by
          action of the Board of Directors
          provided that no such amendment may
          materially and adversely affect any
          outstanding stock

                         10
<PAGE>

          options without the consent of the
          optionee, and provided that, without
          the approval of the stockholders, no
          such amendment may increase the total
          number of shares reserved for the
          purposes of the Plan.

     b.   Effectiveness of Plan. This Plan shall
          be effective as of February 18, 1995,
          subject to approval  of  Stockholders
          of the Company  prior to February 18,
          1996.

     c.   Rights in Securities.  All certificates
          for shares delivered under the Plan
          shall be subject to such stock-transfer
          orders and other restrictions as the
          Committee may deem advisable under the
          rules, regulations, and other
          requirements of the Securities and
          Exchange Commission, any stock exchange
          upon which the shares are then listed,
          and any applicable federal or state
          securities law, and the Committee may
          cause a legend or legends to be put on
          any such certificates to make
          appropriate reference to such
          restrictions.  No optionee or optionee's
          beneficiary, executor or administrator,
          legatees or distributees, as the case
          may be, will be, or will be deemed to
          be, a holder of any shares subject to an
          option unless and until a stock
          certificate or certificates for such
          shares are issued to such person or
          persons under the terms of the Plan.  No
          adjustment shall be made for dividends
          (ordinary or extraordinary, whether in
          cash, securities or other property) or
          distributions or other rights for which
          the record date is prior to the date
          such stock certificate is issued, except
          as provided in Section 5(k) hereof.

     d.   Date of Grant.  The grant of an option
          shall be  effective no earlier than the
          date the Committee  decides to grant the
          option,  except that grants of reload
          options  shall be  effective  as provided
          in Section 7(g) hereof.

     e.   Application  of Funds.  The proceeds
          received by the Company from the sale of
          stock  subject to option are to be added
          to the general  funds of the Company and
          used for its corporate purposes.

     f.   No Obligation to Exercise Option.
          Granting of an option shall impose no
          obligation on the optionee to exercise
          such option.

                          11

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