Document:

Amended and Restated Stockholders Agreement, dated as of July 17, 2000

 Exhibit 10.4 
  
 AMENDED AND RESTATED 
 STOCKHOLDERS AGREEMENT 
  
 By and Among 
  
 MetroPCS, Inc. 
  
 and 
  
 The Stockholders, as defined herein 
  

Dated as of July 17, 2000 

 TABLE OF CONTENTS 
  

	 	 	 	  	Page

	 ARTICLE I
	 	 GENERAL
	  	1
	 Section 1.1
	 	 Construction of Terms
	  	1
	 Section 1.2
	 	 Number of Shares of Stock
	  	2
	 Section 1.3
	 	 Defined Terms
	  	2
	 Section 1.4
	 	 Representations and Warranties
	  	3
	 Section 1.5
	 	 Covenants of the Stockholders
	  	4
	 Section 1.6
	 	 Covenants of the Company
	  	4
			
	 ARTICLE II
	 	 RIGHTS AND OBLIGATIONS OF STOCKHOLDERS AND DIRECTORS
	  	5
	 Section 2.1
	 	 Rights and Obligations of the Class A Stockholders
	  	5
	 Section 2.2
	 	 Rights and Obligations of the Class C Stockholders and the Preferred Stockholders
	  	6
	 Section 2.3
	 	 Director Compensation
	  	8
			
	 ARTICLE III
	 	 SUPERMAJORITY VOTING RIGHTS
	  	8
	 Section 3.1
	 	 General
	  	8
	 Section 3.2
	 	 Qualifying Public Offering
	  	9
			
	 ARTICLE IV
	 	 TRANSFERS; FIRST REFUSAL; CO-SALE; OTHER
	  	9
	 Section 4.1
	 	 General Prohibition
	  	9
	 Section 4.2
	 	 FCC Restrictions on Transfer
	  	10
	 Section 4.3
	 	 Right of First Refusal
	  	11
	 Section 4.4
	 	 Co-Sale Option
	  	12
	 Section 4.5
	 	 Pledges
	  	14
	 Section 4.6
	 	 Prohibited Transfers
	  	14
	 Section 4.7
	 	 Ten-Year Restriction on Transfer
	  	14
			
	 ARTICLE V
	 	 RIGHTS TO ACQUIRE SHARES
	  	15
	 Section 5.1
	 	 Pre-Emptive Rights
	  	15
	 Section 5.2
	 	 Assignment of Rights
	  	16
			
	 ARTICLE VI
	 	 REGISTRATION RIGHTS
	  	16
	 Section 6.1
	 	 Demand Registration
	  	16
	 Section 6.2
	 	 Incidental Registration
	  	18
	 Section 6.3
	 	 Registration Procedures
	  	19
	 Section 6.4
	 	 Underwritten Offerings
	  	23
	 Section 6.5
	 	 Preparation; Reasonable Investigation
	  	24
	 Section 6.6
	 	 Limitations, Conditions and Qualifications to Obligations Under Registration Covenants
	  	24
	 Section 6.7
	 	 Indemnification
	  	25

  

 -i- 

	 Section 6.8
	  	 Registration Expenses
	  	28
	 Section 6.9
	  	 Certain Rights of Stockholders if Named in a Registration Statement
	  	29
	 Section 6.10
	  	 Rule 144
	  	29
	 Section 6.11
	  	 Registration Rights
	  	29
	 Section 6.12
	  	 Binding Effect; Assignment
	  	29
	 Section 6.13
	  	 Limitations on Sale or Distribution
	  	30
			
	 ARTICLE VII
	  	 GENERAL
	  	30
	 Section 7.1
	  	 Amendments, Waivers and Consents
	  	30
	 Section 7.2
	  	 Legend on Securities
	  	30
	 Section 7.3
	  	 Governing Law
	  	31
	 Section 7.4
	  	 Section Headings
	  	31
	 Section 7.5
	  	 Counterparts-Additional Parties
	  	31
	 Section 7.6
	  	 Notices and Demands
	  	31
	 Section 7.7
	  	 Remedies; Severability
	  	31
	 Section 7.8
	  	 Integration
	  	32
	 Section 7.9
	  	 Termination
	  	32
	 Section 7.10
	  	 Maintenance of Small Business Eligibility
	  	32
			
	 EXHIBITS
	  	 	  	 
		
	 Exhibit A - Form of Stockholder Joinder Agreement
	  	 

  

 -ii- 

 AMENDED AND RESTATED 
 STOCKHOLDERS AGREEMENT 
  
 THIS AMENDED AND RESTATED STOCKHOLDERS AGREEMENT is made as of 17th day of
July 2000. by and among MetroPCS, Inc., a Delaware corporation (together with any successor thereto, the “Company”), Roger D. Linquist (“Linquist”), C. Boyden Gray (“Gray,” and together with
Linquist, the “Class A Stockholders”), the stockholders listed on Schedule 1 hereto (the “Class B Stockholders”), the stockholders listed on Schedule 2 hereto (the “Class C Stockholders”), the
stockholders listed on Schedule 3 hereto (the “Series C Preferred Stockholders”) and the stockholders listed on Schedule 4 hereto (the “Series D Preferred Stockholders,” and together with the Class A Stockholders,
Class B Stockholders, Class C Stockholders, and Series C Preferred Stockholders, the “Stockholders”). This agreement shall become effective as of the Subsequent Closing (as defined in Annex A). 
  
 WHEREAS, the Stockholders currently own all issued and outstanding
shares of the Company’s Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), Class B Common Stock, par value $0.0001 per share (the “Class B Common Stock”), Class C Common Stock, par
value $0.0001 per share (the “Class C Common Stock” and together with the Class A Common Stock and Class B Common Stock, the “Common Stock”) and Series C Cumulative Convertible Participating Preferred Stock, par
value $.01 (the “Series C Preferred Stock”); and 
  
 WHEREAS, the Company and the Series D Preferred Stockholders entered into a Securities Purchase Agreement, dated as of July 17, 2000 (the “Purchase Agreement”), pursuant to which, among other things, the Preferred
Stockholders purchased shares of the Company’s Series D Convertible Preferred Stock, par value $.01 per share (the “Series D Preferred Stock” and together with the Series C Preferred Stock, the “Preferred
Stock”); and 
  
 WHEREAS, Preferred Stock is
convertible into shares of Class C Common Stock; and 
  
 WHEREAS, the execution and delivery of this Agreement is a condition precedent to the transactions contemplated to occur at the Subsequent Closing under the Purchase Agreement. 
  
 NOW THEREFORE, in consideration of the foregoing and the mutual
covenants and agreements hereinafter set forth, the parties hereto agree as follows: 
  
 ARTICLE I GENERAL 
  
 Section
1.1 Construction of Terms. As used herein, the masculine, feminine or neuter gender, and the singular or plural number, shall be deemed to be or to include the other genders or number, as the case may be, whenever the context so
indicates or requires. 
  
 Section 1.2 Number
of Shares of Stock. Number of Shares of Stock. Whenever any provision of this Agreement calls for any calculation based on a number of shares of Common Stock 

  

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held by a Stockholder, the number of shares deemed to be held by a Stockholder shall be the total number of shares of Common Stock then owned by such
Stockholder, plus the total number of shares of Common Stock issuable upon conversion of any Series C Preferred Stock and Series D Preferred Stock, or other convertible securities or exercise of any vested options, warrants or subscription rights
then owned by such Stockholder or Investor. 
  
 Section
1.3 Defined Terms. The following capitalized terms, as used in this Agreement, shall have the meanings set forth below. All of the other capitalized terms used herein have the meanings set forth on Annex A hereto.

  
 “Board of Directors” means the Board of
Directors of the Company. 
  
 “Charter” means the
Company’s certificate of incorporation in effect as of the date hereof. 
  
 “Commission” means the Securities and Exchange Commission. 
  
 “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and the rules and regulations promulgated
thereunder. 
  
 “Indebtedness” means with respect
to any Person, any liability, contingent or otherwise, of such Person (A) for borrowed money (whether or not recourse of the lender is to the whole of the assets of such Person or only to a portion thereof), (B) evidenced by a note, debenture or
similar instrument (including a purchase money obligation) given in connection with the acquisition of any property or assets, (C) for any letter of credit or performance bond in favor of such Person, (D) for the payment of money relating to a
capitalized lease obligation, or (E) any liability, contingent or otherwise (excluding trade payables to trade creditors in the ordinary course of business), of such Person to any other Person for any purchase price associated with any acquisition
of assets, business or otherwise (including any deferred purchase price, assumption of Indebtedness, noncompetition payments or other forms of consideration); (ii) any liability of others of the kind described in the preceding clause (i), which the
Person has guaranteed or which is otherwise its legal liability, contingent or otherwise; and (iii) any and all deferrals, renewals, extensions or refinancing of, or amendments, modifications of supplements to, any liability of the kind described in
any of the preceding clauses (i) or (ii). 
  
 “Lien” means any interest in, or claim against, property relating to an obligation owed to, or claim by, a Person other than the owner of the property, whether such interest is based on the common law, statute or contract,
and including but not limited to any security interest lien arising from a mortgage, encumbrance, pledge, conditional sale or trust receipt or a lease, consignment or bailment for security purposes, any rights of first refusal, charges, claims,
liabilities, limitations, conditions, restrictions or other adverse claims. 
  
 “Preferred Stock” means the Series C Preferred Stock and the Series D Preferred Stock issued or to be issued in accordance with and subject to the terms of the Charter, together with any 

  

 2 

 
other shares issued or issuable with respect thereto (whether by way of a stock dividend, stock split or in exchange for or in replacement or upon conversion
of such shares or otherwise in connection with a combination of shares, recapitalization, merger, consolidation or other corporate reorganization). 
  
 “Preferred Stockholders” means the Series C Preferred Stockholders and the Series D Preferred Stockholders. 
  
 “Registrable Securities” means (i) any shares of Common
Stock held by a Stockholder, (ii) any shares of Class C Common Stock subject to acquisition by a Preferred Stockholder upon conversion of the shares of Preferred Stock (it being understood that if a Preferred Stockholder owns Preferred Stock, the
Preferred Stockholder may exercise its registration rights hereunder by converting the shares to be sold under the relevant registration statement into Class C Common Stock as of the closing of the relevant offering and shall not be required to
cause such Preferred Stock to be converted to Class C Common Stock until and unless such closing occurs) and (iii) any securities issued and issuable with respect to any such shares described in clauses (i) or (ii) above by way of a stock dividend
or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization; provided, however, that notwithstanding anything to the contrary contained herein, “Registrable
Securities” shall not include at any time securities (i) sold in a registered sale pursuant to an effective registration statement under the Securities Act, (ii) sold to the public pursuant to Rule 144 under the Securities Act or (iii) which
could then be sold in their entirety pursuant to Rule 144(k) under the Securities Act without limitation or restriction. 
  
 “Transfer” means any direct or indirect transfer, donation, sale, assignment, pledge, hypothecation, grant of a security interest in or
other disposal or attempted disposal of all or any portion of a security or of any rights; “Transferred” means the accomplishment of a Transfer; and 
  

“Transferee” means the recipient of a Transfer. 
  
 Section 1.4 Representations and Warranties. Each of the Stockholders severally (and not jointly)
represents and warrants to each other party to this Agreement that each of the following statements is true and correct as of the date hereof and will survive the date hereof: 
  
 (a) Organization and Power. Such Stockholder is duly organized, validly existing and in good standing under
the laws of its jurisdiction of formation and has all requisite power and authority to carry on its business as now conducted, and to execute, deliver and perform its obligations under this Agreement. 
  
 (b) Authorization and Binding Effect. The execution and
delivery of this Agreement has been duly authorized by all requisite action on the part of such Stockholder and constitutes a valid and binding agreement of such party, enforceable against it in accordance with its terms, except to the extent that
enforcement thereof (i) may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws now or hereafter in effect relating to creditors’ rights generally and (ii) the availability of equitable remedies which remain subject
to the discretion of a court (regardless of whether enforceability is considered in a proceeding of law or equity). 
  

 3 

 Section 1.5 Covenants of the Stockholders. From and after the date hereof and
so long as such Stockholder owns capital stock of the Company, each of the Stockholders hereto covenants and agrees as follows: 
  
 (a) Attributable Interests. Such Stockholder shall not acquire an attributable interest in shares (as the term attribution is defined by the
FCC) or hold the positions of officer or director in the Company or any other Private or Commercial Mobile Radio Service (as the terms are defined from time to time by the FCC) applicant or licensee if such actions would cause the Company to lose
its eligibility as a Small Business (as the term is defined from time to time by the FCC) or would otherwise subject the Company to financial or other penalties imposed by the FCC. In addition, no Stockholder with an attributable interest (as
defined by the FCC) in the Company will acquire interests or hold a position as an officer or director attributable to the Company in any other Private or Commercial or Private Mobile Radio Service applicant or licensee in the same geographic market
as any license held by or applied for by the Company if such Stockholder’s attributable interests under the FCC’s rules would cause the Company to exceed the Company’s spectrum ownership limits (as defined by the FCC) for any
particular geographic market. Such Stockholder shall cooperate with the Company in (i) determining the Stockholder’s compliance with this paragraph and (ii) in the event of a proposed action that would result in or has resulted in
noncompliance, executing the measures reasonably necessary to cure or avoid such noncompliance consistent with applicable FCC rules and policies. For example, the FCC defines attributable interests as interests amounting to either directly or
through the FCC’s “multiplier” rule, five percent or more in a Commercial or Private Mobile Radio Service licensee held by investors generally, and interests amounting to (either directly or through the FCC’s
“multiplier” rule) ten percent or more in such licensees held by entities defined as “institutional investors” by the FCC (including, for example, venture capital firms, insurance companies and pension funds). 
  
 (b) Foreign Ownership. Such Stockholder shall comply with the
alien ownership restrictions contained in the Communications Act of 1934, as amended, and the applicable FCC alien ownership rules and policies as they pertain to the Stockholder’s particular investment for as long as such restrictions apply to
the licenses held (directly or indirectly) by the Company. In addition, such Stockholder shall cooperate with the Company in (i) the Company’s preparation and filing of a waiver request of such alien ownership restrictions, as necessary, (ii)
determining the aggregate total alien ownership interests of the company and (iii) complying with any measure necessary for the Company to remain in compliance with such alien ownership restrictions. 
  
 Section 1.6 Covenants of the Company. From and
after the date hereof, the Company covenants and agrees as follows: 
  
 (a) As long as a Stockholder (together with its Affiliates and subsidiaries) continues to hold at least (i) 25% of the total equity held by such Stockholder as of the date hereof, 

  

 4 

 
or (ii) 2% of the total fully diluted equity of the Company, the Company shall permit any representatives designed by any such Stockholder, upon reasonable
notice and during normal business hours, to (i) visit and inspect any of the properties of the Company and its subsidiaries, (ii) examine the corporate and financial records of the Company and its subsidiaries and make copies thereof or extracts
therefrom and (iii) discuss the affairs, finances and accounts of any such corporations with the directors, officers, key employees and independent accountants of the company and its subsidiaries. 
  
 (b) Prior to effecting any redemption pursuant to Section 5 of the
Company’s Charter, the Company shall provide such affected Stockholder with reasonable prior notice of the regulatory problem giving rise to such redemption and, if requested to do so by such Stockholder, the Company shall cooperate with such
affected Stockholder in arranging another method to minimize or eliminate the regulatory problem giving rise to such redemption, including but not limited to assisting a sale of such Stockholder’s interest in the Company, amending the
Company’s Charter and obtaining any necessary FCC approvals for such transactions. 
  
 (c) Where a Stockholder is caused to have an attributable interest as defined by the FCC’s rules or exceed any applicable FCC ownership limitations or other applicable FCC restrictions then in effect as a
result of the actions or omissions by one or more other Stockholders or by the Company, if requested by the Stockholder, the Company and the other Stockholders shall cooperate with such Stockholder in undertaking the measures reasonably necessary to
cause such Stockholder to not have such an attributable interest or come into compliance with the applicable FCC rules and policies then in effect, provided such measures would not result in a Material Adverse Effect. 
  
 (d) The Company shall take all necessary steps to comply with the
alien ownership restrictions contained in the Communications Act of 1934, as amended, and the applicable FCC alien ownership rules and policies as they pertain to Stockholders’ particular investment for as long as such restrictions apply to
licenses held (directly or indirectly by the Company. 
  
 ARTICLE II
RIGHTS AND OBLIGATIONS OF STOCKHOLDERS AND DIRECTORS 
  
 Section 2.1 Rights and Obligations of the Class A Stockholders. 
  
 (a) Voting Rights. The Class A Stockholders as a class shall at all times during the first ten years following the grant of a PCS license (as the term is defined from time to time by the FCC) to the
Company have the right to vote 50.1% of the Company’s voting interests and to elect four members of the Company’s Board of Directors (who will represent four of the seven votes of the Company’s Board of Directors) as provided in
Section 2.1(b) hereof, provided that the Company and the Class A Stockholders will use their reasonable best efforts to amend the provisions of this Section 2.1(a), the Charter and the By-Laws of the Company as each relates to the special voting
rights of the Class A Stockholders of the Company if, and only to the extent that, (i) the FCC amends or modifies its rules applicable to the Company relating to voting rights and (ii) counsel for the Company has delivered a written opinion that the
FCC’s rules, as amended or modified, allow the Company to amend or modify the voting rights applicable to its stockholders. 
  

 5 

 (b) Designation of Directors. The Class A Stockholders agree to vote all of their Class A
Common Stock of the Company and to take all other actions necessary to cause the election of four directors to the Company’s Board of Directors in the following manner: (a) Linquist shall be entitled to nominate two directors, (b) Gray shall be
entitled to nominate one director, and (c) Linquist and Gray, together, shall be entitled to nominate one director. The Class A Stockholders shall vote all their Class A Common Stock to elect the individuals so nominated to be directors. If the
Class A Stockholder or Class A Stockholders that nominated a particular director give written notice to the other Class A Stockholders of a desire to remove that director, the Class A Stockholders shall vote all their Class A Common Stock in favor
of removing that director. If for any reason any director nominated by the Class A Stockholders ceases to serve as a director, the Class A Stockholder or Class A Stockholders that nominated that director shall promptly nominate an individual (who is
financially qualified as defined by the FCC) to fill the vacancy so created for the unexpired term and the Class A Stockholders shall vote all their shares in the Company for the individual nominated to fill the vacancy. 
  
 (c) Proxy. If any Class A Stockholder fails or refuses to vote
its Class A Common Stock or to nominate a director as provided in this Section 2.1, and such failure or refusal continues for more than thirty days beyond the date on which the vote is scheduled or the director vacancy occurs, without further action
by such Class A Stockholder, each other Class A Stockholder shall have an irrevocable proxy to so vote those shares in accordance with this Agreement. 
  
 (d) Appointment and Removal. Pursuant to the Charter and the By-Laws of the Company, the Class A Common Stock Directors in exercising their
majority vote of the Board shall have the authority to appoint and remove all officers and senior executives of the Company, including but not limited to the Chief Executive Officer. 
  
 Section 2.2 Rights and Obligations of the Class C Stockholders and the Preferred Stockholders.

  
 (a) Preferred Stockholders. The Preferred
Stockholders shall have voting rights on an as-converted basis on all matters submitted to the Class C Stockholders. Accordingly, only for purposes of this Section 2.2, it is understood and agreed that (i) the term “Class C Common Stock”
shall include the shares of Class C Common Stock issuable upon conversion of any shares of Preferred Stock, and (ii) the term “Class C Stockholders” shall include the Preferred Stockholders, their shares of Preferred Stock being deemed
converted to Class C Common Stock. 
  
 (b) Voting
Rights. Except as otherwise specifically provided in this Agreement, the Class C Stockholders as a class shall have the right to vote 49.9% of the Company’s voting interests on all matters. The Class C Stockholders shall elect members of
the Company’s Board of Directors who collectively will represent three of the seven votes of the Company’s Board of 

  

 6 

 
Directors, all of whom shall be designated as provided in Section 2.2(c) hereof. Pursuant to the terms of the Charter and the By-Laws of the Company, each
director elected by the Class C Stockholders pursuant to this Article 2.2 shall have a fractional vote, which fractional vote shall be determined by multiplying three (which number represents the collective votes held by the Class C Common Stock
Directors) by a fraction the numerator of which shall be the total number of shares of Class C Common Stock held by the Class C Stockholder that appointed such director pursuant to the terms of Section 2.2(c) hereof, and the denominator of which
shall be the total number of outstanding shares of Class C Common Stock held by all Stockholders entitled to designate a director pursuant to Section 2.2(c) hereof. 
  
 (c) Designation of Directors. (a) The Class C Stockholders agree to vote all of their shares of Class C Common
Stock and to take all other actions necessary to cause the election and continuance in office as directors the following (the “Outside Directors”): 
  
 (i) One (1) individual nominated by Accel Partners; and 
  
 (ii) Two (2) individuals nominated by the Series D
Preferred Stockholders, one of whom shall be designated by Chase Capital Partners and one of whom shall be designated by Whitney & Co.; provided, however, that the right of each of Accel Partners, Chase Capital Partners and Whitney
& Co. to nominate or designate one director shall continue only so long as such Person (together with its Affiliates or subsidiaries) owns at least (i) 4% of the fully diluted equity of the Company or (ii) 50% of the total equity held by such
Person upon consummation of the sale of the Series D Preferred Stock. 
  
 (d) Visitation Rights. In addition, MC Venture Partners, Battery Ventures and First Plaza Group shall be entitled to designate one board observer, who shall be entitled to attend all meetings of the Board of Directors and
receive all materials distributed to the Board of Directors. 
  
 (e) Each Class C Stockholder agrees to vote all of his, her or its shares of Class C Common Stock for the removal of any Director designated pursuant to Section 2.2(c) upon the request of the party nominating such Director and for
the election to the Board of Directors of the Company of a substitute nominated by such party in accordance with the provisions of Section 2.2(c). Each Class C Stockholder further agrees to vote all of his, her or its shares of Class C Common Stock
in such manner as shall be necessary or appropriate to ensure that any vacancy on the Board of Directors corresponding to any director designated pursuant to Section 2.2(c) occurring for any reason shall be filled only in accordance with the
provisions of Section 2.2(c). 
  
 Section 2.3
Director Compensation. The Company shall pay each Director, and any board observer designated pursuant to Section 2.2(d), for his or her reasonable travel and other reasonable expenses incurred in connection with attending meetings of
the Board of Directors or 

  

 7 

 
otherwise in connection with his or her service as a member of the Board of Directors. All Directors who are not employees of the Company will be equally
compensated for their service as a member of the Board of Directors. The Charter and By-laws of the Company will provide for exculpation and indemnification of the Directors and limitations on the liability of the Directors to the fullest extent
permitted under applicable state law, and the Company shall obtain and maintain directors’ and officers’ liability insurance coverage, on terms satisfactory to the Preferred Stockholders, covering, among other things, violations of federal
or state securities laws, and remaining in full force and effect for three years after each Director ceases to serve as a Director of the Company. 
  
 ARTICLE III SUPERMAJORITY VOTING RIGHTS 
  
 Section 3.1 General. In addition to any other vote required by law, the Charter or the By-Laws of the Company, the Company
shall not, other than in the ordinary course of business, take any of the following actions, whether directly or indirectly, and such action shall not be deemed to have been authorized and approved by the Board of Directors, unless such action has
been approved by a majority of the directors then in office, which approval must include (x) the affirmative vote of each of the three Outside Directors or (y) the affirmative vote and concurrence of 66  2/3% of the Series D Preferred Stock then outstanding: 
  
 (a) any amendment to the Company’s Charter or By-Laws, unless such amendment is necessary to comply with the FCC rules; 
  
 (b) any merger or consolidation by or with the Company; 
  
 (c) a sale of all or substantially all the Company’s assets;

  
 (d) any voluntary dissolution or liquidation of the
Company; 
  
 (e) any issuance of equity of the Company,
except (i) in connection with the Company’s initial public offering at a price per share which implies an adjusted equity valuation of the Series D Preferred Stock of at least $2,000 per share and which is expected to generate gross proceeds in
an amount equal to $50 million (a “Qualifying Public Offering”), (ii) issuances of additional options to purchase Class B Common Stock to members of the Control Group necessary to maintain the Company’s eligibility as a Small
Business (provided that the exercise price of such options is equal to fair market value of the Class B Common Stock), and (iii) issuances of additional equity to persons who are then investors in the Company (provided that all then current
investors are entitled to purchase an amount of equity equal to the percentage of equity owned by such investor immediately prior to such issuance (treating all Warrants as having been exercised) on equal terms (except that any investor may pay the
cash equivalent of any non-cash consideration based upon its fair market value); 
  
 (f) the declaration or payment of dividends by the Company (other than with respect to the Series D Preferred Stock); 
  

 8 

 (g) the approval of any arrangement with any Stockholder that owns more then 5% of the equity of
the Company or any entity owned or controlled by any Stockholder that owns more than 5% of the equity of the Company, any officer or director of the Company, or any Qualifying Investor (as that term is defined from time to time by the FCC);

  
 (h) any determination of compensation or benefits of
any executive officer of the Company; 
  
 (i) the
conversion of Class B Common Stock to Class C Common Stock; or 
  
 (j) the incurrence of additional indebtedness in excess of $10 million, except for any indebtedness pursuant to the Lucent Agreements. 
  
 Notwithstanding the above, the Control Group will maintain control over the day to day activities of the Company, including the selection and replacement of management,
and play an integral role in all major policy decisions. 
  
 Section 3.2 Qualifying Public Offering. Following a Qualifying Public Offering the foregoing supermajority voting rights will no longer be applicable. 
  
 ARTICLE IV TRANSFERS; FIRST REFUSAL; CO-SALE; OTHER 
  
 Section 4.1 General Prohibition. As used in this Agreement, the term “Securities”
includes all shares of capital stock of the Company and any other securities of the Company exercisable or exchangeable for, or convertible into, shares or capital stock of the Company. Each Stockholder agrees that such Stockholder will not transfer
any of such Stockholder’s Securities now owned or hereafter acquired or any interest therein (or solicit any offers to buy or otherwise acquire or take a pledge of any of its Securities) except upon execution of a Joinder Agreement in the form
attached as Exhibit A hereto by the transferee and except as expressly permitted hereby and strictly in compliance with the Securities Act of 1933, as amended, and the provisions of this Article IV. Any attempt to Transfer any Securities not
made strictly in compliance with this Agreement shall be null and void and the Company shall not give any effect in the Company’s stock records to such Transfer. In addition, Transfers strictly in compliance with the conditions of any of the
following shall be permitted: 
  
 (a) Transfers effected
pursuant to Sections 4.3 or 4.4 hereof and which are made strictly in accordance with the procedures set forth therein; 
  
 (b) Transfers by such Stockholders (i) among its Affiliates; (ii) to any partner, member or employee of such Stockholder or a general partner or
managing member of such Stockholder; (iii) to a liquidating trust established for the benefit of any partners or members of such Stockholder; or (iv) to any investment fund or other entity controlled or managed by an Affiliate of such Stockholder;

  

 9 

 (c) Transfers by members of management of the Company of shares of their Class B Common Stock or
Class C Common Stock to family members or family limited partnerships or other similar entities for estate planning purposes; provided, that if at any time from the date hereof the aggregate of such transfers by any member of management
exceeds 1% of the fully diluted voting common stock of the Company, such member of management shall retain sole voting power over any further shares transferred by such member of management pursuant to this Section 4.1(c); and 
  
 (d) Transfers by a Series D Preferred Stockholder to any Affiliates,
including its partners, limited partners or members of such Purchaser that are transferees of Series D Preferred in accordance with the partnership agreement or operating agreement of such Series D Preferred Stockholder. 
  
 Any permitted Transferee described in the preceding clauses (b), (c) and (d)
shall be referred to herein as a “Permitted Transferee.” Notwithstanding anything to the contrary in this Agreement or any failure to execute a Joinder Agreement as contemplated hereby, Permitted Transferees shall take any shares so
Transferred subject to all provisions of this Agreement as if such shares were still held by the transferor, whether or not they so agree with the transferor and/or the Company. Without limitation of the foregoing, in connection with any otherwise
permitted Transfer of shares of capital stock that are restricted shares and are subject to any stock restriction agreement, any Transferee of any such shares shall agree in writing to be bound by the terms of any such stock restriction or similar
agreement, including, without limitation, any repurchase or similar right contained therein. 
  
 Section 4.2 FCC Restrictions on Transfer. Subject to the limitations of this Article IV, a Stockholder may Transfer all or any portion of its Securities in the Company to any other person only so
long as such Transfer would not cause the Company or any other Stockholder to violate any applicable laws or regulations or would not endanger the Company’s bidding or financing preferences for which it is eligible under FCC regulations for the
“Entrepreneurs’ Auction.” The Company and the other Stockholders shall provide such information as reasonably requested by any Stockholder in connection with any determination as to whether such condition is met and the Company
shall otherwise cooperate with such Stockholder in connection therewith. Specifically, no Stockholder may Transfer any Securities if after giving effect to such Transfer, (i) the Qualifying Investors would own in the aggregate less than 15% of the
Company’s total equity during the first three years, and 10% of the Company’s total equity during the fourth through tenth years, from January 27, 1997, the date of the grant of PCS licenses to the Company (the “License Grant
Date”) (ii) any single Stockholder, other than a Qualifying Investor, would own more than 25% of the Company’s total equity and voting interests or (iii) such Transfer would cause a violation of the foreign ownership restrictions
imposed by the Communications Act of 1934, as amended. Such Stockholder shall cooperate with the Company, and the Company shall cooperate with the Stockholder in (i) determining the Stockholder’s compliance with this paragraph and (ii) in the
event the proposed action would result in noncompliance, executing the measures reasonably necessary to avoid such noncompliance consistent with applicable FCC rules and policies. 
  

 10 

 Section 4.3 Right of First Refusal. (a) If at any time any Stockholder
wishes to transfer any shares of capital stock of the Company owned by him or it (such Stockholder desiring to transfer Securities being referred to herein as a “Selling Stockholder”), then such Selling Stockholder shall deliver
written notice of its proposal to transfer such capital stock (a “Notice of Intention”), accompanied by a copy of an agreement relating to such transfer with a third party, including their identity, the purchase price and all
material terms (the “Sale Proposal”), to each of the other Stockholders, setting forth (x) such Selling Stockholder’s agreement to make such transfer (which shall be for cash only), (y) the number and class of security of the
Company agreed to be transferred (the “Offered Securities”and, if the Offered Securities are Common Stock, the “Offered Common Stock” or, if the Offered Securities are Preferred Stock, the “Offered Preferred
Stock”) and (z) the price at which such Selling Stockholder has agreed to (or is willing to) transfer the Offered Securities (the “First Refusal Price”) and other terms applicable thereto. 
  
 (b) (i) Upon receipt of a Notice of Intention
relating to Offered Preferred Stock, the Preferred Stockholders shall then have the right of first refusal to purchase at the First Refusal Price and on the other terms specified in the Sale Proposal all or any portion of the Offered Preferred
Stock, on a pro rata basis. In the event a Preferred Stockholder does not purchase any or all of its pro rata portion of the Offered Preferred Stock, the remaining Preferred Stockholders shall have the first right to purchase such unpurchased
Offered Preferred Stock on a pro rata basis. 
  
 In the event any of the Offered Preferred Stock are not purchased by the Preferred Stockholders, the Common Stockholders shall have the right to purchase such unpurchased Offered Preferred Stock on a pro rata basis. 
  
 (ii) Upon receipt of a Notice of Intention relating to
Offered Common Stock, the Common Stockholders shall then have the right of first refusal to purchase at the First Refusal Price and on the other terms specified in the Sale Proposal all or any portion of the Offered Common Stock, on a pro rata
basis. In the event a Common Stockholder does not purchase any or all of its pro rata portion of the Offered Common Stock, the remaining Common Stockholders shall have the first right to purchase such unpurchased Offered Common Stock on a pro rata
basis. 
  
 In the event any of the Offered Common
Stock are not purchased by the Common Stockholders, the Preferred Stockholders shall have the right to purchase such unpurchased Offered Common Stock on a pro rata basis. 
  
 (iii) The rights of the Stockholders hereunder shall be exercisable by the delivery of notice to the Selling
Stockholder (the “Notice of Exercise”), within 30 calendar days from the date of delivery of the Notice of Intention (the “Option Period”) and shall terminate if not 

  

 11 

 
so exercised. The Notice of Exercise shall state the total number of shares of the Offered Securities such Stockholder is willing to purchase without regard
to whether or not other Stockholders purchase any shares of the Offered Securities. 
  
 (c) If all Notices of Intention required to be given pursuant to this Section 4.3 have been duly given and the Stockholders do not exercise their respective options to purchase all of the Offered Securities at
the First Refusal Price, then the Selling Stockholder shall have the right, subject to compliance by the Selling Stockholder with the other provisions of this Agreement, for a period of 90 calendar days from the earlier of (i) the expiration of the
Option Period pursuant to Section 4.3(b) with respect to such Sale Proposal or (ii) the date on which such Selling Stockholder receives notice from all Stockholders that they will not exercise in whole or in part the options granted pursuant to
Section 4.3, to sell to the third party the Offered Securities remaining unsold at a price and on the same terms specified in the Sale Proposal. 
  
 (d) The consummation of any purchase and sale pursuant to Section 4.3(b) shall take place on such date, not later than 30 calendar days after the
expiration of the Option Period pursuant to Section 4.3(b), as the Selling Stockholder shall select. Prior to the consummation of any sale pursuant to Section 4.3, the Selling Stockholder shall comply with this Agreement. Upon the consummation of
any such purchase and sale, the Selling Stockholder shall deliver certificates evidencing the Offered Securities sold duly endorsed, or accompanied by written instruments of transfer in form satisfactory to the purchaser duly executed by the Selling
Stockholder free and clear of any liens, against delivery of the First Refusal Price. 
  
 (e) In the event that the Stockholders do not exercise their options to purchase all of the Offered Securities, and the Selling Stockholder shall not have sold the remaining Offered Securities to the third
party on the same terms specified in the Sale Proposal for any reason before the expiration of the 90-day period described in Section 4.3(c), then such Selling Stockholder shall not give another Notice of Intention pursuant to Section 4.3 with
respect to any proposed transfer until at least 90 days (30 days if the Selling Stockholder is an estate or a testamentary trust) after such 90-day period. 
  
 Section 4.4 Co-Sale Option. In the event that any Selling Stockholder wishes to sell all or a portion of its shares of capital
stock of the Company pursuant to Section 4.3 hereof, and the Rights of First Refusal are not exercised with respect to all of the Offered Securities proposed to be sold, such Selling Stockholder may Transfer such available Offered Securities only
pursuant to and in accordance with the following provisions of this Section 4.4. 
  
 (a) With respect to a sale of Offered Preferred Stock, each of the Preferred Stockholders other than the Selling Stockholder (collectively, with respect to a sale of Offered Preferred Stock, the
“Co-Sale Stockholders”) and, with respect to a sale of Offered Common Stock, each of the Common Stockholders and Preferred Stockholders (provided they convert their shares of Preferred Stock to Class C Common Stock prior to the sale
of the Offered Securities) other than the Selling Stockholder (collectively, with respect to a sale of Offered Common Stock, the “Co-Sale  

  

 12 

 
Stockholders”), shall have the right to participate in the sale of the applicable Offered Securities on the terms and conditions herein stated
(the “Co-Sale Option”), which right shall be exercisable upon written notice (the “Acceptance Notice”) to the Selling Stockholder within ten (10) days after the Selling Stockholder notifies the applicable Co-Sale
Stockholders in writing that the Stockholders have not elected to exercise their Rights of First Refusal with respect to all of the Offered Securities. The Acceptance Notice shall indicate the maximum number of shares of capital stock that such
Co-Sale Stockholder wishes to sell (including the number of shares it would sell if one or more other Co-Sale Stockholders do not elect to participate in the sale) on the terms and conditions stated in the Notice of Intention. 
  
 (b) Each of the Co-Sale Stockholders shall have the right to exercise
its Co-Sale Option and sell a portion of its capital stock to be determined by such Co-Sale Stockholder, which portion may not exceed the product obtained by multiplying (i) the number of Offered Securities that were proposed to be sold by the
Selling Stockholder pursuant to Section 4.3 (less any shares being purchased pursuant to a Right of First Refusal) by (ii) a fraction, the numerator of which is the total number of shares of Common Stock held by such Co-Sale Stockholder on the date
of the Acceptance Notice (as determined in accordance with Section 1.2 hereof) and the denominator of which is the total number of shares of Common Stock then held as of the date of such Co-Sale Stockholder’s Acceptance Notice by the Selling
Stockholder and all Co-Sale Stockholders desiring to participate (as determined in accordance with Section 1.2 hereof). To the extent that one or more Co-Sale Stockholders elect to not exercise their Co-Sale Option, then the rights of the other
Co-Sale Stockholders (who exercise their Co-Sale Option) to sell shares pursuant to their Co-Sale Option shall be increased proportionately by the full amount of shares which the non-electing Co-Sale Stockholders were entitled to sell pursuant to
this Section 4.4. 
  
 (c) Within ten (10) days after the
date by which the Co-Sale Stockholders were first required to notify the Selling Stockholder of their intent to exercise their Co-Sale Option, the Selling Stockholder shall notify each participating Co-Sale Stockholder of the number of shares held
by such Co-Sale Stockholder that will be included in the sale and the date on which such sale will be consummated pursuant to Section 4.3(c). 
  
 (d) Each of the Co-Sale Stockholders participating in a sale under this Section 4.4 may effect its participation in such sale hereunder by delivery
to the proposed transferee, or to the Selling Stockholder for delivery to the proposed transferee, of one or more instruments or certificates, properly endorsed for transfer, representing the shares of capital stock it elects to sell therein,
provided that no Co-Sale Stockholder shall be required to make any representations or warranties or provide any indemnities in connection therewith other than with respect to its ownership of the shares of capital stock being conveyed. At the time
of consummation of the sale, the proposed transferee shall remit directly to each such Co-Sale Stockholder that portion of the sale proceeds to which each Co-Sale Stockholder is entitled by reason of its participation therein (less any adjustments
due to the conversion of any convertible securities or the exercise of any exercisable securities). 
  

 13 

 (e) In the event that the sale is not consummated within the period required by Section
4.3(c) and above subsection (c) hereof or the proposed transferee fails to timely remit to each Co-Sale Stockholder its portion of the sale proceeds, such sale shall be deemed to lapse, and any Transfers of shares of capital stock pursuant to
such sale shall be deemed to be in violation of the provisions of this Agreement unless the Selling Stockholder once again complies with the provisions of Sections 4.3 and 4.4 hereof with respect to such Offered Securities. 
  
 Section 4.5 Pledges. Stockholders may directly or
indirectly pledge, hypothecate or grant a security interest in any securities of the Company only through a bona fide pledge of such Securities as security for indebtedness or obligations of such Stockholder meeting all of the following criteria:
(i) the pledgee is a nationally or internationally recognized financial institution (a “Permitted Pledge”), (ii) the pledgee agrees with the Stockholders and the Company in writing that, prior to and upon foreclosing or otherwise
realizing upon the shares of Common Stock so pledged, the pledgee will comply with the terms and conditions of this Agreement, and (iii) a majority of the Board of Directors have consented to such pledge, which consent shall not be unreasonably
withheld. 
  
 Section 4.6 Prohibited
Transfers. If any Transfer is made or attempted contrary to the provisions of this Agreement, such purported Transfer shall be void ab initio; the Company, and the Stockholders shall have, in addition to any other legal or equitable
remedies which they may have, the right to enforce the provisions of this Agreement by actions for specific performance (to the extent permitted by law); and the Company shall have the right to refuse to recognize any Transferee as one of its
stockholders for any purpose. Without limitation to the foregoing, each of the Stockholders further agrees that the provisions of Section 7.7 shall apply in the event of any violation or threatened violation of this Agreement. 
  
 Section 4.7 Ten-Year Restriction on Transfer.
From the License Grant Date through the date ten years following such date, no Class A Stockholder may Transfer any shares of Class A Common Stock to any person other than a Qualifying Investor. Nothing in this Agreement restricts a Class A
Stockholder from holding additional Class B Common Stock or Class C Common Stock. Such additional classes of Common Stock held by a Class A Stockholder may be allocated towards the FCC minimum ownership requirement for Qualifying Investors, at the
discretion of the Class A Stockholder provided that the Company remains in compliance with applicable FCC rules and policies. Such Class B and C Common Stock shares not allocated by the Company towards meeting the FCC’s minimum ownership
requirements will not be subject to the FCC restrictions applicable to Qualifying Investors. If at any time subsequent to three years after the License Grant Date the Company’s Class A Stockholders collectively hold more than the minimum
ownership limits then required by the FCC, the Initial Qualifying Investors (as defined herein) will have first priority to convert their Class B Common Stock that had been allocated towards meeting the FCC minimum ownership limits to Class C Common
Stock upon approval by the Board of Directors by a Supermajority Vote. For purposes of this provision, “Initial Qualifying Investors” are investors who paid cash for Class B Common Stock in response to the Offering Memorandum
relating to the sale of the Class B Common Stock. 
  

 14 

 ARTICLE V RIGHTS TO ACQUIRE SHARES 
  
 Section 5.1 Pre-Emptive Rights. The Company agrees that it will not sell or issue any shares of
capital stock of the Company, or other securities convertible into or exchangeable for capital stock of the Company, or options, warrants or rights carrying any rights to purchase capital stock of the Company other than for full and adequate
consideration as determined by the Board of Directors. Furthermore, the Company will not sell or issue any share of capital stock of the Company, or other securities convertible into or exchangeable for capital stock of the Company, unless the
Company first submits a written offer to all the Stockholders (including for all purposes of this Article V their Permitted Transferees) (collectively, the “Offerees”) identifying the terms of the proposed sale or issuance
(including price, number of securities and all other material terms), and offers to each Offeree the opportunity to acquire its Pro Rata Allotment (as hereinafter defined) of the securities (subject to increase for over-allotment if any of the
Offerees do not fully exercise their rights) on substantially the same terms and conditions, including price, as those on which the Company proposes to sell or issue such securities to a third party or parties. Each Offeree’s “Pro Rata
Allotment” of such securities shall be based on the ratio (as determined in accordance with Section 1.2 hereof) which the shares of Common Stock held by him or it bears to all of the then issued and outstanding shares of Common Stock as of
the date of such written offer. The Company’s offer to the Offerees shall remain open and irrevocable for a period of thirty (30) days during which time the Offerees may accept such offer by written notice to the Company setting forth the
maximum number of shares or other securities to be acquired by any such Offeree, including the number of shares or securities which the Offeree would acquire if other Offerees do not elect to acquire, with the rights of electing Offerees to acquire
such additional shares or securities to be based on the relative holdings of shares of the electing Offerees. Any securities so offered which are not acquired pursuant to such offer may be sold by the Company but only on the terms and conditions set
forth in the initial offer to the Offerees, at any time within 120 days following the termination of the above-referenced 30-day period. 
  
 Notwithstanding the foregoing, the Company may (i) issue options to purchase Common Stock and shares of restricted Common Stock to its officers and
employees pursuant to stock and option plans approved by the Board of Directors (including at least two Outside Directors, in the case of option plans not in effect as of the date of this Agreement or in the case of amendments to such option plans)
and issue shares of its Common Stock upon the exercise of any such stock options, (ii) issue securities as a result of any stock split, stock dividend, reclassification or reorganization of the Company’s stock pro rata based on the number of
shares of capital stock of the Company then outstanding, (iii) issue Class C Common Stock upon any conversion of shares of Preferred Stock, and (iv) issue securities in the Company’s initial public offering. 
  
 Section 5.2 Assignment of Rights. The rights of
the Preferred Stockholders set forth in this Article V are transferable to each Transferee of shares of capital stock of the Company hereunder. Each such subsequent holder of such shares must consent in writing to be bound by the terms and
conditions of this Agreement in order to acquire the rights granted hereunder. 
  

 15 

 ARTICLE VI REGISTRATION RIGHTS 
  
 Section 6.1 Demand Registration. 
  
 (a) Request. Subject to the provisions of this Section 6.1, at any time after the earlier of (A) three years
after the date hereof or (B) six months (or such later time as the applicable underwriters may determine, not to exceed twelve months) after an Initial Public Equity Offering, the Stockholders shall have up to three demand rights (exercisable by the
request of Stockholders of at least 15% of the outstanding Registrable Securities) that the Company effect the registration under the Securities Act of (i) all Registrable Securities or (ii) shares of common stock that represent at least 15% of the
Registrable Securities originally issued to such Stockholders if Stockholders are requesting registration of less than all of their Registrable Securities; provided, in the case of (i) and (ii), that anticipated proceeds from the sale of the
Registrable Securities be at least $20 million. Thereupon, the Company will (i) notify all other holders of record of Registrable Securities that the Company has received a demand for registration of the Registrable Securities and (ii) use its best
efforts to effect the registration under the Securities Act of the Registrable Securities which the Company has been requested to register by all participating Stockholders who elect to participate in the registration within 10 business days of the
notice referenced in (i) above. 
  
 (b) Registration of
Other Securities. Except as set forth in Section 6.1(g) below, whenever the Company shall effect a registration pursuant to this Section 6.1, no securities other than Registrable Securities shall be included among the securities covered by such
registration unless (i) the managing underwriter of such offering shall have advised the Stockholders in writing that the inclusion of such other securities would not adversely affect such offering or (ii) the Stockholders shall have consented in
writing to the inclusion of such other securities. 
  
 (c)
Registration Statement Form. Registrations under this Section 6.1 shall be on such appropriate registration form of the SEC (i) as shall be selected by the Company and as shall be reasonably acceptable to the Stockholders and (ii) as shall
permit the disposition of such Registrable Securities in accordance with the intended method or methods of disposition. The Company agrees to include in any such registration statement all information which, in the opinion of counsel to the
Stockholders and counsel to the Company, is required to be included. 
  
 (d) Effective Registration Statement. A registration requested pursuant to this Section 6.1 shall not be deemed to have been effected and will not be considered one of the three demand registrations which may be requested by
the Stockholders (i) unless a registration statement with respect thereto has become effective, (ii) if after it has become effective, it does not remain effective for a period of at least 180 days (unless the Registrable Securities registered
thereunder has been sold or disposed of prior to the expiration of such 180 day period) or such registration is interfered with by any stop order, injunction or other order or requirement of the SEC or other governmental agency or court for any
reason and has not thereafter become effective for a period of at least 180 days, or (iii) if the conditions to closing specified in any underwriting agreement entered into in connection with such registration are not satisfied or waived other than
by reason of the failure or refusal of the Stockholders to satisfy or perform a condition to such closing. 
  

 16 

 (e) Priority in Demand Registrations. If a demand registration pursuant to this Section 6.1
involves an underwritten offering, the Stockholders shall cause the managing underwriter to advise the Company in writing (with a copy sent to each participating Stockholder) as to the number of securities that can be included in such registration
within a price range acceptable to the Stockholders (the “Maximum Offering Amount”). Such registration will include only up to that number of Registrable Securities which does not exceed the Maximum Offering Amount, drawn pro
rata from the Stockholders on the percentage that the Registrable Securities held by each Stockholder is of the total number of Registrable Securities which all Stockholders hold. If any participating Stockholder determines to include less
than its pro rata share of the Maximum Offering Amount in such offering, such difference shall be divided pro rata among the other participating Stockholders in proportion to the respective holdings of Registrable Securities of all such
participating Stockholders desiring to include additional Registrable Securities. 
  
 (f) Number and Size of Demand Registrations; Other Limitations. Notwithstanding anything in this Section 6.1 to the contrary, the Company shall not be required to effect more than three demand
registrations (other than registrations pursuant to Section 6.1(h) hereof) at the request of the Stockholders pursuant to Section 6.1 of this Agreement, without regard to any subsequent transfer of any Registrable Securities by a Stockholder and the
assignment of any rights hereunder pursuant to Section 4. A registration shall not count as one of the permitted demand registrations hereunder unless the holders of Restricted Securities are able to register and sell at least 80% of the Restricted
Securities requested to be included in such registration. The Company shall not be required to effect more than one registration pursuant to Sections 6.1(a) or (h) hereof during any 12-month period. Moreover, no Stockholder shall be allowed to
participate in any registration pursuant to Sections 6.1(a) or 6.1(h) hereof if the Class C Common Stock is admitted to trading or is listed on a national securities exchange, the Nasdaq National Market or NASDAQ and such Stockholder is eligible to
sell its Registrable Securities without volume limitations and without an effective registration statement. 
  
 (g) Incidental Company Registration. If the Stockholders make a request for a registration pursuant to Section 6.1(a), the Company may
determine to include securities of the same class sought to be registered by the Stockholders for sale for the Company’s own account by giving written notice thereof to the Stockholders specifying the number of shares or amount of interests the
Company wishes to have registered, but only to the extent that the number of shares or amount of interests the Company seeks to include does not, when aggregated with the number of Registrable Securities requested to be registered by the
Stockholders, exceed the Maximum Offering Amount, and subject to the limitations of Section 6.1(b). 
  
 (h) Form S-3 Demand Registration. Notwithstanding the foregoing, if the Company at any time qualifies to register common stock under the
Securities Act by registration on Form S-3 and such registration of common stock is expected to generate gross proceeds in an amount 

  

 17 

 
equal to or exceeding $20 million, the Stockholders shall then be entitled to request the registration under the Securities Act of the Registrable Securities
from time to time without regard to number, pursuant to the notice and other applicable provisions of this Section 6.1. Expenses for the first three (3) registrations on Form S-3 shall be paid by the Company. 
  
 Section 6.2 Incidental Registration. 
  
 (a) Right to Include the Registrable Securities. If the
Company at any time proposes to register securities under the Securities Act by registration on Forms S-1, S-2 or S-3 or any successor or similar form(s) (except registrations on Forms S-4 or S-8 or any successor or similar forms), whether for sale
for its own account or pursuant to another demand for registration granted any other party, it will give prompt written notice each such time to the Stockholders of its intention to do so and of the Stockholders’ rights under this Section 6.2.
Upon the written request of any Stockholder (specifying the Registrable Securities intended to be disposed of and the intended method of disposition thereof), made within 15 business days after the receipt of any such notice, the Company will use
its best efforts to effect the registration under the Securities Act of all Registrable Securities which the Company has been so requested to register by the Stockholders to the extent requisite to permit the disposition (in accordance with the
intended methods thereof as aforesaid) of such Registrable Securities to be so registered (any Stockholder if giving notice following receipt of such a notice from the Company being herein referred to in this Section 6.2 as a “Participating
Stockholder”). If the Company thereafter determines for any reason not to register or to delay registration of such securities, the Company, by act of its Board of Directors, may, at its election, give written notice of such determination to
each Participating Stockholder and, thereupon, (i) in the case of a determination not to register, shall be relieved of the obligation to register such Registrable Securities in connection with such registration (but not from any obligation of the
Company to pay the Registration Expenses in connection therewith, as provided in Section 6.8), without prejudice, however, to the rights (if any) of a Stockholder to request that such registration be effected as a registration under Section 6.1, and
(ii) in the case of a determination to delay registration, shall be permitted to delay registering any Registrable Securities, for the same period as the delay in registration of such other securities. The Company will pay all Registration Expenses
in connection with registration of Registrable Securities requested pursuant to this Section 6.2. 
  
 (b) Priority in Incidental Registration Rights in Connection with Registrations for Company Account. If the registration referred to in
Section 6.2(a) is to be an underwritten primary registration on behalf of the Company, and the managing underwriter(s) advise the Company in writing that in their good faith opinion such offering would be materially and adversely affected by the
inclusion therein of the total number of Registrable Securities requested to be included therein by Participating Stockholders under this Agreement, the Company shall include in such registration: (1) first, all securities the Company proposes to
sell for its own account (“Company Securities”), and (2) second, up to the full number of Registrable Securities requested to be included in such Registration by Piggyback Rights, provided, however, that in the event of any cut-backs in
the amount of shares of Common Stock issuable upon conversion of Preferred Stock to be included in the Registration, the holders of Preferred Stock shall have a preference over all existing holders of stock drawn from the pro-rata based on the
holders of Preferred Stock’s total stockholdings. 
  

 18 

 (c) Limitations; Exceptions. The Company shall not be required to effect any registration
of Registrable Securities under this Section 6.2 incidental to the registration of any of its securities in connection with mergers, acquisitions, exchange offers, subscription offers, dividend reinvestment plans or stock option or other employee
benefit plans. No Participating Stockholder shall be allowed to participate in any registration pursuant to this Section 6.2 hereof if the Class C Common Stock is admitted to trading or listed on a national securities exchange, the Nasdaq National
Market or NASDAQ and such Stockholder is eligible to sell its Registrable Securities without volume limitations and without an effective registration statement. No registration of Registrable Securities effected under this Section 6.2 shall relieve
the Company of its obligation to effect registrations of Registrable Securities pursuant to Section 6.1 hereof. 
  
 Section 6.3 Registration Procedures. In connection with the Company’s obligations pursuant to Sections 6.1 and 6.2
hereof, the Company will use its best efforts to effect such registrations to permit the sale of Registrable Securities in accordance with the intended method or methods of disposition thereof, and pursuant thereto the Company will as expeditiously
as possible: 
  
 (a) prepare (within 90 days after a
request for registration is made to the Company in the case of a registration pursuant to Section 6.1(a) and in any event as soon as possible) and file with the SEC, a registration statement or registration statements on any appropriate form under
the Securities Act, which form shall be available for the sale of the Registrable Securities by the holders thereof in accordance with the intended method or methods of distribution thereof, and use its best efforts to cause such registration
statement to become effective and to remain continuously effective for a period of 180 days following the date on which such registration statement is declared effective, provided that the Company shall have no obligation to maintain the
effectiveness of such registration statement after the sale of all Registrable Securities registered thereunder; 
  
 (b) prepare and file with the SEC such amendments and post-effective amendments to a registration statement as may be necessary to keep such
registration statement effective for the applicable period; cause the related prospectus to be supplemented by any required prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Securities Act; and comply with the
provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement during the applicable period in accordance with the intended methods of disposition by a Stockholder or a Participating
Stockholder set forth in such registration statement or supplement to such prospectus; 
  
 (c) notify each Stockholder or a Participating Stockholder whose Registrable Securities is to be covered by the registration statement and the managing underwriters, if any, promptly, and (if requested by any
such Person) confirm such advice in writing, (i) when a prospectus or any prospectus supplement or post-effective amendment has been filed, and, with respect to a registration statement or any post-effective amendment, when the same has become
effective, (ii) of 

  

 19 

 
any request by the SEC for amendments or supplements to a registration statement or related prospectus or for additional information, (iii) of the issuance
by the SEC of any stop order suspending the effectiveness of a registration statement or the initiation of any proceedings for that purpose, (iv) if at any time the representations and warranties of the Company made as contemplated by paragraph (m)
below cease to be true and correct, (v) of the receipt by the Company of any notification with respect to the suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any
proceeding for such purpose, (vi) of the happening of any event which requires the making of any changes in a registration statement or related prospectus so that such documents will not contain any untrue statement of a material fact or omit to
state any material fact required to be stated therein or necessary to make the statements therein not misleading and (vii) of the Company’s reasonable determination that a post-effective amendment to a registration statement would be
appropriate; 
  
 (d) make every reasonable effort to obtain
the withdrawal of any order suspending the effectiveness of a registration statement, or the lifting of any suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction, at the earliest possible moment;

  
 (e) if requested by the managing underwriters, a
Stockholder or a Participating Stockholder, immediately incorporate in a prospectus supplement or post-effective amendment such information as the managing underwriters, the Stockholders and the Participating Stockholders agree should be included
therein relating to the sale and distribution of Registrable Securities, including, without limitation, information with respect to the number of Registrable Securities being sold to such underwriters, the purchase price being paid therefor by such
underwriters and with respect to any other terms of the underwritten (or best efforts) offering of the Registrable Securities to be sold in such offering; make all required filings of such prospectus supplement or post-effective amendment as soon as
notified of the matters to be incorporated in such prospectus supplement or post-effective amendment; and supplement or make amendments to any registration statement if requested by a Stockholder, a Participating Stockholder or any underwriter of
such Registrable Securities; 
  
 (f) furnish to each
Stockholder and each Participating Stockholder whose Registrable Securities is covered by the Registration Statement and each managing underwriter, without charge, at least one conformed copy of the registration statement or statements and any
post-effective amendment thereto, including financial statements and schedules, all documents incorporated therein by reference and all exhibits (including those incorporated by reference); 
  
 (g) deliver to each Stockholder whose Registrable Securities is
covered by the registration statement, each other Participating Stockholder and the underwriters, if any, without charge, as many copies of the prospectus or prospectuses (including each preliminary prospectus) and any amendment or supplement
thereto and such other documents as such Persons may reasonably request; the Company consents to the use of such prospectus or any amendment or supplement thereto by a Stockholder, a Participating Stockholder and the underwriters, if any, in
connection with the offering and sale of the Registrable Securities covered by such prospectus or any amendment or supplement thereto; 
  

 20 

 (h) prior to any public offering of Registrable Securities, use its best efforts to register or
qualify or cooperate with each Stockholder whose Registrable Securities is covered by such registration statement, each other Participating Stockholder, the underwriters, if any, and their respective counsel in connection with the registration or
qualification of such Registrable Securities for offer and sale under the securities or blue sky laws of such jurisdictions as each Stockholder, each Participating Stockholder, or any underwriter reasonably requests in writing; keep each such
registration or qualification effective during the period such registration statement is required to be kept effective and do any and all other acts or things necessary or advisable to enable the disposition in such jurisdictions of the Registrable
Securities covered by the applicable registration statement; provided that the Company will not be required to qualify generally to do business in any jurisdiction where it is not then so qualified or to take any action which would subject it to
general service of process in any such jurisdiction where it is not then so subject; 
  
 (i) cooperate with each Stockholder whose Registrable Securities is covered by such registration statement, each Participating Stockholder and the managing underwriters, if any, to facilitate the timely
preparation and delivery of certificates representing Registrable Securities to be sold and not bearing any restrictive legends unless required by applicable law; and enable such Registrable Securities to be in such denominations and registered in
such names as the managing underwriters may request at least two business days prior to any sale of Registrable Securities to the underwriters; 
  
 (j) use its best efforts to cause the Registrable Securities covered by the applicable registration statement to be registered with or approved by
such other governmental agencies or authorities as may be necessary to consummate the disposition of such Registrable Securities; 
  
 (k) upon the occurrence of any event contemplated by paragraph (c) (vi) above, prepare a supplement or post-effective amendment to the applicable
registration statement or related prospectus or any document incorporated therein by reference or file any other required document so that, as thereafter delivered to the purchasers of the Registrable Securities being sold thereunder, such
prospectus will not contain any untrue statement of a material fact or omit to state any material fact necessary to made the statements therein not misleading; 
  

(l) enter into such agreements (including an underwriting agreement) and take all such other actions in connection therewith in order to
expedite or facilitate the disposition of such Registrable Securities and in such connection, whether or not an underwriting agreement is entered into and whether or not the registration is an underwritten registration, (i) make such representations
and warranties to each Stockholder whose Registrable Securities is covered by such registration statement and each other Participating Stockholder with respect to the registration statement, prospectus and documents incorporated by reference, if
any, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings and confirm the same if and when requested; (ii) furnish to each such Stockholder and each other participating Stockholder an opinion of
counsel for the Company addressed to each such Stockholder and dated the date of the closing under the underwriting agreement (if any) (or if such offering is not underwritten, dated the 

  

 21 

 
effective date of the registration statement), and (ii) use its best efforts to furnish to each such Stockholder and each other Participating Stockholder a
“cold comfort” letter addressed to each such Stockholder and signed by the independent public accountants who have audited the Company’s financial statements included in such registration statement, in each such case covering
substantially the same matters with respect to such registration statement (and the prospectus included therein) as are customarily covered in opinions of issuer’s counsel and in accountants’ letters delivered to underwriters in
underwritten public offerings of securities and such other matters as each such Stockholder and each other Participating Stockholder may reasonably request and, in the case of such accountants’ letter, with respect to events subsequent to the
date of such financial statement; and (vi) the Company shall deliver such documents and certificates as may be requested by each such Stockholder, each Participating Stockholder and the managing underwriters, if any, to evidence compliance with this
clause (l) and with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company; all of the above to be done at each closing under such underwriting or similar agreement or as and to the extent
required thereunder; 
  
 (m) otherwise use its best efforts
to comply with all applicable rules and regulations of the SEC and make generally available to its security holders earnings statements satisfying the provisions of Section 11(a) of the Securities Act, as soon as reasonably practicable after the end
of any 12-month period (i) commencing at the end of any fiscal quarter in which Registrable Securities are sold to underwriters in a firm or best efforts underwritten offering and (ii) beginning with the first day of the Company’s first fiscal
quarter next succeeding each sale of Registrable Securities after the effective date of a registration statement, which statements shall cover said 12-month periods; and 
  
 (n) use its best efforts to cause all Registrable Securities covered by each registration to be listed on each
securities exchange and inter-dealer quotation system on which a class of common equity securities of the Company is then listed and to pay all fees and expenses in connection therewith. 
  
 The Company may require each Stockholder whose Registrable Securities is covered by a registration statement and each other
Participating Stockholder to furnish to the Company such information regarding itself and the distribution of such Registrable Securities as the Company may from time to time reasonably request in writing in order to comply with the Securities Act
and each such Person agrees to notify the Company as promptly as practicable of any inaccuracy or change in information it has previously furnished to the Company in writing or of the happening of any event, in either case as a result of which any
prospectus relating to such registration contains an untrue statement of a material fact regarding such Person or the distribution of such Registrable Securities or omits to state any material fact regarding such Person or the distribution of such
Registrable Securities required to be stated therein or necessary to make the statement therein not misleading in light of the circumstances then existing, and to promptly furnish to the Company any additional information required to correct and
update any previously furnished information or required such that such prospectus shall not contain, with respect to such Person or the distribution of such Registrable Securities, and untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then 

  

 22 

 
existing. Each such Stockholder and each Participating Stockholder agrees that, upon receipt of any notice from the Company of the happening of any event of
the kind described in Sections 6.3 (c) (ii), (iii), (v), (vi) or (vii) hereof, such holder will forthwith discontinue disposition of such Registrable Securities covered by such registration statement or prospectus until such holder’s receipt of
the copies of the supplemented or amended prospectus relating to such registration statement or prospectus, or until it is advised in writing by the Company that the use of the applicable prospectus may be resumed, and has received copies of any
additional or supplemental filings which are incorporated by reference in such prospectus, and, if so directed by the Company, such holder will deliver to the Company (at the Company’s expense) all copies, other than permanent file copies then
in such Person’s possession, of the prospectus covering the Registrable Securities current at the time of receipt of such notice. 
  
 Section 6.4 Underwritten Offerings. 
  
 (a) Demand Underwritten Offerings. In any offering pursuant to a registration requested under Section 6.1 which is to be effected as a firm
commitment underwritten offering, sales shall be made through a nationally recognized investment banking firm (or syndicate managed by such a firm) selected by a majority in interest of the Stockholders participating in such registration and
reasonably satisfactory to the Board of Directors of the Company. The Company shall enter into an underwriting agreement which shall be reasonably satisfactory in form and substance to a majority in interest of the Stockholders participating in such
registration and which shall contain representations, warranties and agreements (including indemnification agreements to the effect and to the extent provided in Section 6.7) as are customarily included by an issuer in underwriting agreements with
respect to secondary distributions. The Stockholders participating in such registration shall be parties to such underwriting agreement and the representations and warranties by, and the other agreements on the part of, the Company to and for the
benefit of such underwriters shall also be made to and for the benefit of such Stockholders. The Stockholders shall not be required to make any representations or warranties to or agreements with the Company or the underwriters other than
representations, warranties or agreements regarding such Person, such Person’s Registrable Securities and its intended method of distribution and any other representation required by law. 
  
 (b) Incidental Underwritten Offerings. If the Company at any
time proposes to register any of its securities under the Securities Act as contemplated by Section 6.2 and such securities are to be distributed by or through one or more underwriters, the Company will, if requested by a Participating Stockholder
as provided in Section 6.2 and subject to the provisions of Section 6.2(b), use its best efforts to arrange for such underwriters to include all the Registrable Securities to be offered and sold by the Participating Stockholders among the securities
to be distributed by underwriters. The Participating Stockholders participating in the registration shall be party to the underwriting agreement between the Company and such underwriters and the representations and warranties by, and the other
agreements on the part of, the Company to and for the benefit of such underwriters shall also be made to and for the benefit of the Participating Stockholders. Except as provided in this sentence, the Participating Stockholders shall not be 

  

 23 

 
required to make any representations or warranties to or agreements with the Company or the underwriters other than representations, warranties or agreements
regarding such Person, such Person’s Registrable Securities and the intended method of distribution and any other representation required by law. 
  
 Section 6.5 Preparation; Reasonable Investigation. In connection with the preparation and filing of each registration
statement under the Securities Act pursuant to this Agreement, the Company will give each Stockholder participating in the registration, its underwriters, and its counsel and accountants and each Participating Stockholder the opportunity to
participate in the preparation of such registration statement, each prospectus included therein or filed with the SEC, and each amendment thereof or supplement thereto, and will give each of them such access to its books and records and such
opportunities to discuss the business of the Company with its officers and the independent public accountants who have certified its financial statements as shall be necessary, in the opinion of each such Stockholder, each Participating Stockholder
and such underwriters’ counsel, to conduct a reasonable investigation within the meaning of the Securities Act. 
  
 Section 6.6 Limitations, Conditions and Qualifications to Obligations Under Registration Covenants. The obligations of the
Company to cause the Registrable Securities to be registered under the Securities Act are subject to each of the following limitations, conditions and qualifications: 
  
 The Company, by act of its Board of Directors, shall be entitled to postpone for a reasonable period of time (but not exceeding 90 days
during any 12-month period) the filing or effectiveness of any registration statement otherwise required to be prepared and filed by it pursuant to Section 6.1 if the Board of Directors of the Company determines, in its reasonable judgment, that (i)
the Company is in possession of material information that has not been disclosed to the public and the Board of Directors of the Company reasonably deems it to be advisable not to disclose such information at such time in a registration statement or
(ii) such registration and offering would interfere with any financing, acquisition, corporate reorganization or other material transaction involving the Company and its Subsidiaries, taken as a whole, and, in any such case, the Company promptly
gives each Stockholder written notice of such determination, containing a general statement of the reasons for such postponement and an approximation of the anticipated delay. If the Company shall so postpone the filing of a registration statement,
a majority of the Stockholders shall have the right to withdraw the request for registration by giving written notice of postponement and, in the event of such withdrawal, such request shall not be counted for purposes of the requests for
registration to which the Stockholders are entitled pursuant to Section 6.1 hereof. 
  
 Section 6.7 Indemnification. 
  
 (a) Indemnification by the Company. In the event of any registration of any Registrable Securities under the Securities Act, the Company will, and hereby does, indemnify and hold harmless, to the fullest
extent permitted by law, the Stockholders and the Participating Stockholders, their respective directors, officers, agents, Affiliates, each other Person who 

  

 24 

 
participates as an underwriter in the offering or sale of such securities and each other Person, if any, who controls a Stockholder, a Participating
Stockholder or any such underwriter within the meaning of the Securities Act, against any and all judgments, fines, penalties, charges, costs, amounts paid in settlement, losses, claims, damages, liabilities, expenses, or attorney fees, joint or
several, incurred in investigation, preparing or defending any action, claim, suit, inquiry, proceeding, investigation or appeal taken from the foregoing by or before any court or governmental, administrative or other regulatory agency, body or SEC,
whether pending or threatened, whether or not an indemnified party is or may be a party thereto, including interest on the foregoing (“Indemnified Damages”), to which they or any of them may become subject under the Securities Act or any
other statute or common law, insofar as any such Indemnified Damages arise out of or are based upon (i) any untrue statement or alleged untrue statement of a material fact contained in the registration statement relating to the sale of such
securities or any post-effective amendment thereto or in any filing made in connection with the qualification of the offering under blue sky or other securities laws of jurisdictions in which the Registrable Securities is offered (“Blue Sky
Filing”), or the omission or alleged omission to state therein a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading or (ii)
any untrue statement or alleged untrue statement of a material fact contained in any preliminary prospectus, if used prior to the effective date of such registration statement (unless such statement is corrected in the final prospectus and the
Company has previously furnished copies thereof to any Stockholder or Participating Stockholder seeking such indemnification and the Underwriters), or contained in the final prospectus (as amended or supplemented if the Company shall have filed with
the SEC any amendment thereof or supplement thereto) if used within the period during which the Company is required to keep the registration statement to which such prospectus relates current, or the omission or alleged omission to state therein (if
so used) a material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that the indemnification agreement contained herein shall not apply to such
Indemnified Damages to a particular Person to be indemnified hereunder arising out of, or based upon, any such untrue statement or alleged untrue statement, or any such omission or alleged omission, if such statement or omission was made in reliance
upon and in conformity with written information furnished to the Company by such Person stating that it is for use in connection with preparation of the registration statement, any preliminary prospectus or final prospectus contained in the
registration statement, any such amendment or supplement thereto or any Blue Sky Filing. 
  
 Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of a Stockholder, a Participating Stockholder or any such director, officer, agent, affiliate, underwriter or
controlling Person and shall survive the transfer of such securities by a Stockholder or Participating Stockholder. 
  
 (b) Indemnification by a Stockholder. The Company may require, as a condition to including the Registrable Securities of a Stockholder or a
Participating Stockholder in any registration statement filed pursuant to Section 6.1 or 6.2, that the Company shall have received an undertaking satisfactory to it from such Stockholder or such Participating Stockholder severally (in the same
manner and to the same extent as each other Stockholder or Participating Stockholder) to 

  

 25 

 
indemnify and hold harmless (in the same manner and to the same extent as set forth in subdivision (a) of this Section 6.7) the Company, its officers and
directors and each officer of the Company and each other Person, if any, who controls the Company within the meaning of the Securities Act with respect to any untrue statement or alleged untrue statement in, or omission or alleged omission from,
such registration statement, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereto, if such statement or omission was made in reliance upon and in conformity with written information such
Stockholder or such Participating Stockholder furnished to the Company through an instrument duly executed by him specifically stating that it is for use in the preparation of such registration statement, preliminary prospectus, final prospectus,
amendment or supplement, provided that such Stockholder or Participating Stockholder shall not indemnify the Company with respect to any such untrue statement or alleged untrue statement or omission or alleged omission which was subsequently
corrected with information (contained in a writing in compliance with the requirements of this paragraph timely delivered to the Company) to be included in an amendment or supplement to such registration statement, preliminary prospectus or final
prospectus, if such amendment or supplement would have avoided the liability otherwise subject to indemnification by such Stockholder or Participating Stockholder and the Company failed to deliver such amendment or supplement as necessary to avoid
such liability.. Such indemnity shall remain in full force and effect, regardless of any investigation made by or on behalf of the Company or any such director, officer or controlling Person and shall survive the transfer of such securities by the
Stockholder or the Participating Stockholder to whom it relates. In no event shall any indemnity paid by a Stockholder or a Participating Stockholder to the Company or any other Person indemnified pursuant to Section 6.7(b) (or to whom contribution
is paid pursuant to Section 6.7(e)), or otherwise, exceed individually or in the aggregate the proceeds (net of all applicable fees paid by such indemnifying party) received by such indemnifying party in such offering. 
  
 (c) Notices of Claims, etc. Promptly after receipt by an
indemnified party of notice of the commencement of any action or proceeding involving a claim referred to in the preceding subdivisions of this Section 6.7, such indemnified party will, if a claim in respect thereof is to be made against an
indemnifying party, give written notice to the latter of the commencement of such action, provided that the failure of any indemnified party to give notice as provided herein shall not relieve the indemnifying party of its obligations under the
preceding subdivisions of this Section 6.7, except to the extent that the indemnifying party is actually prejudiced by such failure to give notice. In case any such action is brought against an indemnified party, the indemnifying party shall be
entitled to participate in and, unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist in respect of such claim, to assume the defense thereof, jointly with any
other indemnifying party similarly notified to the extent that it may wish, with counsel reasonably satisfactory to such indemnified party, and after notice from the indemnifying party to such indemnified party of its election so to assume the
defense thereof, the indemnifying party shall not be liable to such indemnified party for any legal or other expenses subsequently incurred by the latter in connection with the defense thereof other than reasonable costs of investigation. In the
event that the indemnifying party advises an indemnified party that it will contest a claim for indemnification hereunder, or fails, within 30 days of receipt of any indemnification notice to notify, in writing, such person of its election to
defend, settle or compromise, at its sole cost 

  

 26 

 
and expense, any action, proceeding or claim (or discontinues its defense at any time after it commences such defense), then the indemnified party may, at
its option, defend, settle or otherwise compromise or pay such action or claim. In any event, unless and until the indemnifying party elects in writing to assume and does so assume the defense of any such claim, proceeding or action, the indemnified
party’s costs and expenses arising out of the defense, settlement or compromise of any such action, claim or proceeding shall be losses subject to indemnification hereunder. The indemnified party shall cooperate fully with the indemnifying
party in connection with any negotiation or defense of any such action or claim by the indemnifying party and shall furnish to the indemnifying party all information reasonably available to the indemnified party which relates to such action or
claim. The indemnifying party shall keep the indemnified party fully apprised at all times as to the status of the defense or any settlement negotiations with respect thereto. If the indemnifying party elects to defend any such action or claim, then
the indemnified party shall be entitled to participate in such defense with counsel of its choice at its sole cost and expense. If the indemnifying party does not assume such defense, the indemnified party shall keep the indemnifying party apprised
at all times as to the status of the defense; provided, however, that the failure to keep the indemnifying party so informed shall not affect the obligations of the indemnifying party hereunder. Except as provided above with respect to contested
indemnification claims and failures by an indemnifying party to act, no indemnifying party shall be liable for any settlement of any action, claim or proceeding effected without its written consent, provided, however, that the
indemnifying party shall not unreasonably withhold, delay or condition its consent. No indemnifying party shall, without the consent of the indemnified party (which consent shall not be unreasonably withheld), consent to entry of any judgment or
enter into any settlement or other compromise which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation. Following
indemnification as provided for hereunder, the indemnifying party shall be surrogated to all rights of the indemnified party with respect to all third parties, firms or corporations relating to the matter for which indemnification has been made.

  
 (d) Indemnification Payments. The
indemnification required by this Section 6.7 shall be made by periodic payments of the amount thereof during the course of the investigation or defense, as and when bills are received or Indemnified Damages are incurred. 
  
 (e) Contribution. If the indemnification provided for in this
Section 6.7 shall for any reason be held by a court to be unavailable to an indemnified party under subparagraph (a) or (b) hereof in respect of any Indemnified Damages, then, in lieu of the amount paid or payable under subparagraph (a) or (b)
hereof, the indemnified party and the indemnifying party under subparagraph (a) or (b) hereof shall contribute to the aggregate Indemnified Damages, in such proportion as is appropriate to reflect the relative fault of the indemnifying party and the
indemnified party with respect to the statements or omissions which resulted in such Indemnified Damages, as well as any other relevant equitable considerations. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f)
of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The obligations of Stockholders and Participating Stockholders to contribute as provided in this subparagraph (e) are
several in proportion 

  

 27 

 
to the relative value of their respective Registrable Securities covered by such registration statement and not joint. In addition, no Person shall be
obligated to contribute hereunder any amounts in payment for any settlement of any action or claim effected without such Person’s consent, which consent shall not be unreasonably withheld. 
  
 (f) Other Rights, Liabilities. The indemnity agreements
contained herein shall be in addition to (i) any cause of action or similar right of the indemnified party against the indemnifying party or others, and (ii) any liabilities the indemnifying party may be subject to pursuant to the law. 

 
 (g) Other Indemnification and Contribution. Indemnification
and contribution similar to that specified in the preceding subdivisions of this Section 6.7 (with appropriate modifications) shall be given by the Company and each Stockholder whose Registrable Shares are included in a registration and each other
Participating Stockholder with respect to any required registration or other qualification of Registrable Securities under any federal or state law or regulation of any governmental authority other than the Securities Act. 
  
 Section 6.8 Registration Expenses. The Company
will pay all Registration Expenses (as defined below) in connection with any demand registrations and the first three registrations on Form S-3 of Registrable Securities; provided that in the case where a registration statement under Section
6.2 fails to become effective or fails to become effective as provided in Section 6.1(d), the Company shall additionally pay the fees and expenses of the Participating Stockholders’ counsel and of any other Person retained by them. Registration
Expenses include all expenses incident to the Company’s performance of or compliance with this Agreement, including without limitation all registration and filing fees, including fees with respect to filings required to be made with the SEC and
the National Association of Securities Dealers, Inc., fees and expenses of compliance with securities or blue sky laws, including, without limitation, reasonable fees and disbursements of counsel for the underwriters, all word processing,
duplicating and printing expenses, messenger, telephone and delivery expenses, and fees and disbursements of counsel of the Company, one counsel for the participating stockholders (selected by a majority in interest of such participating
stockholders) and of all independent certified public accountants of the Company (including the expenses of any special audit and “cold comfort” letters required by or incident to such performance), underwriters fees and disbursements
(excluding underwriting discounts and commissions, SEC or fees of underwriters, selling brokers, dealer managers or similar securities industry professionals relating to the distribution of the Registrable Securities), securities acts liability
insurance if the Company so desires, fees and expenses of other Persons retained by the Company (all such expenses being herein called “Registration Expenses”). Registration Expenses shall not include underwriting discounts and commissions
and transfer taxes, if any, and fees and expenses of any counsel to Participating Stockholders and other expenses of Participating Stockholders. Except as otherwise provided above, the Company will also pay its internal expenses (including, without
limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expense of any annual audit, the fees and expenses incurred in connection with the listing of the securities to be registered on any
securities exchange, rating agency fees and the fees and expenses of any Person, including special experts, retained by the Company. 
  

 28 

 Section 6.9 Certain Rights of Stockholders if Named in a Registration
Statement. If any statement contained in a registration statement under the Securities Act refers to a Stockholder or a Participating Stockholder by name or otherwise as the holder of any securities of the Company, then a Stockholder or a
Participating Stockholder shall have the right to require the insertion therein of language, in form and substance reasonably satisfactory to it and the Company, to the effect that its holdings do not necessarily make it a “controlling
person” of the Company within the meaning of the Securities Act and is not to be construed as a recommendation of the investment quality of the Company’s securities covered thereby. 
  
 Section 6.10 Rule 144. If the Class C Common
Stock is admitted to trading or listed on a national securities exchange, the Nasdaq National Market or NASDAQ, the Company shall take all actions and file all such information, documents and reports as shall be required to enable a Stockholder to
sell its Registrable Securities without registration under the Securities Act within the limitation of the exemptions provided by Rule 144 under the Securities Act, as such Rule may be amended from time to time, or any similar rule or regulation
hereafter adopted by the SEC. 
  
 Section 6.11
Registration Rights. The Company covenants that it will not grant any right of registration under the Securities Act relating to any of its shares of capital stock or other securities to any Person other than pursuant to this
Agreement, unless (i) the rights so granted to another Person do not limit or restrict the Stockholders’ right to request three demand registrations as provided for in Section 6.1 hereof at such times and covering such amount of Registrable
Securities as the Stockholders determine (except as such timing or amount of Registrable Securities may otherwise be limited by the express terms of this Agreement) and (ii) the rights so granted to another Person do not limit or restrict the rights
granted pursuant to Section 6.2 hereof to a Stockholder to have such Registrable Securities included in any registration by the Company under the Securities Act of any of its securities for its own account (except as such rights are otherwise
expressly limited by the terms of this Agreement). 
  
 Section 6.12 Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and permitted assigns. A
Stockholder who assigns its right to request a demand registration in connection with a sale, transfer or disposition of less than all of its Registrable Securities, shall with respect to its remaining Registrable Securities be entitled to have such
shares included in any demand registration under Section 6.1 or any other registration under Section 6.2 and in either case, shall be deemed to be a “Participating Stockholder”. In addition, any other Person acquiring Registrable
Securities from a Stockholder as to whom a Stockholder did not assign its rights under this Agreement shall be deemed to be a permitted transferee; provided, however, such Person shall be required to execute an undertaking agreeing to be bound by
the terms of this Agreement, including the obligations imposed on a Participating Stockholder. 
  
 Section 6.13 Limitations on Sale or Distribution. If a registration under this Agreement shall be in connection with the initial public offering of equity securities of the Company, each
holder of Registrable Securities hereby agrees not to effect any public sale or distribution, including any sale 

  

 29 

 
pursuant to Rule 144 under the Securities Act, of any Registrable Securities, and not to effect any such public sale or distribution of any other equity
security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 180 days after the effective date of such registration
statement or such shorter period requested by the applicable underwriter. 
  
 ARTICLE VII GENERAL 
  
 Section 7.1 Amendments, Waivers and Consents. For the purposes of this Agreement and all agreements executed pursuant hereto, no course of dealing between or among any of the parties hereto and no delay on the
part of any party hereto in exercising any rights hereunder or thereunder shall operate as a waiver of the rights hereof and thereof. This Agreement may not be amended or modified or any provision hereof waived without the joint written consent of
the Company, a majority-in-interest of the Stockholders, and Preferred Stockholders holding not less than 67% of the shares of Class C Common Stock issued or issuable upon conversion of the Preferred Stock then held by such Preferred Stockholders;
provided, that any party may waive any provision hereof intended for its benefit by written consent. 
  
 Section 7.2 Legend on Securities. The Company, each of the Stockholders acknowledge and agree that legend substantially in the
following form shall be typed on each certificate evidencing any of the Company’s securities issued on or after the date hereof, held at any time by any Stockholder: 
  
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”), OR ANY
STATE SECURITIES OR BLUE SKY LAWS AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT (1) PURSUANT TO A REGISTRATION STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH IS EFFECTIVE UNDER THE ACT OR (2) PURSUANT TO AN
AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT RELATING TO THE DISPOSITION OF SECURITIES AND (3) IN ACCORDANCE WITH APPLICABLE STATE SECURITIES AND BLUE SKY LAWS. 
  
 THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO THE PROVISIONS OF AN AMENDED AND RESTATED STOCKHOLDERS AGREEMENT DATED AS
OF July 17, 2000, INCLUDING THEREIN CERTAIN RESTRICTIONS ON TRANSFER. A COMPLETE AND CORRECT COPY OF THIS AGREEMENT IS AVAILABLE FOR INSPECTION AT THE PRINCIPAL OFFICE OF THE COMPANY AND WILL BE FURNISHED UPON WRITTEN REQUEST AND WITHOUT CHARGE.

  
 Section 7.3 Governing Law. This
Agreement shall be deemed to be a contract made under, and shall be construed in accordance with, the laws of the State of Delaware, without giving effect to conflict of laws principles thereof. 

  

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 Section 7.4 Section Headings. The descriptive headings in this Agreement have
been inserted for convenience only and shall not be deemed to limit or otherwise affect the construction of any provision thereof or hereof. 
  
 Section 7.5 Counterparts-Additional Parties. This Agreement may be executed simultaneously in any number of counterparts, each
of which when so executed and delivered shall be taken to be an original; but such counterparts shall together constitute but one and the same document. The Company may permit persons who purchase or otherwise acquire Class B or Class C Common Stock
from the Company after the date hereof to join as parties to this Agreement from time to time, by executing a signature page in the form attached hereto for execution by Stockholders; provided, however, that such signature page shall not be
effective unless countersigned by the Company. The Company shall maintain a master copy of this Agreement, with all such signature pages attached thereto, and each such holder of Class B or Class C Common Stock who has so executed this Agreement
shall be deemed to be a Stockholder under this Agreement for all purposes. 
  
 Section 7.6 Notices and Demands. Any notice or demand which is required or provided to be given under this Agreement shall be deemed to have been sufficiently given and received for all
purposes when delivered by hand, telecopy, telex or other method of facsimile, or five days after being sent by certified or registered mail, postage and charges prepaid, return receipt requested, or two days after being sent by overnight delivery
providing receipt of delivery, to the following addresses: if to the Company, at the addresses set forth on the signature pages hereto, or at any other address designated by the Company to the other parties hereto in writing; and if to the
Stockholders, at the mailing address for notice as set forth in the books and records of the Company. 
  
  
 Section 7.7 Remedies; Severability. It is specifically understood and agreed that any breach of
the provisions of this Agreement by any Person subject hereto will result in irreparable injury to the other parties hereto, that the remedy at law alone will be an inadequate remedy for such breach, and that, in addition to any other remedies which
they may have, such other parties may enforce their respective rights by actions for specific performance (to the extent permitted by law). The Company may refuse to recognize any unauthorized transferee as one of its stockholders for any purpose,
including, without limitation, for purposes of dividend and voting rights, until the relevant party or parties have complied with all applicable provisions of this Agreement. Whenever possible, each provision of this Agreement shall be interpreted
in such a manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be deemed prohibited, invalid or illegal under such applicable law, such provision shall be ineffective to the extent of such
prohibition, invalidity or illegality, and such prohibition, invalidity or illegality shall not invalidate the remainder of such provision or the other provisions of this Agreement. 
  
 Section 7.8 Integration. This Agreement, including the exhibits, documents and instruments
referred to herein or therein, constitutes the entire agreement, and supersedes all other prior agreements and understandings, both written and oral, among the parties with respect to the subject matter hereof, including, without limitation, the
Stockholders Agreement and the Registration Rights Agreement, each dated December 1, 1995, among the Company and the stockholders parties thereto. 
  

 31 

 Section 7.9 Termination. With the exception of Sections 1.5 (a) (b), and
Articles II, VI and VII, the provisions of this Agreement shall terminate and be of no further force and effect upon a Qualifying Public Offering pursuant to registration under the Securities Act of 1933, as amended. 
  
 Section 7.10 Maintenance of Small Business
Eligibility. The Company covenants that, provided that the Stockholders comply with the applicable FCC rules and policies, it shall endeavor in good faith to maintain its eligibility as a Small Business (as such term is defined from time to
time by the FCC) to the extent required by the FCC. Where any actions or omissions by the Company to its knowledge during the course of the initial license term require the Company to undertake measures to maintain such eligibility, the Company
covenants that it will take such measures provided that the Stockholders reasonably cooperate with such efforts of the Company. 
  
 [SIGNATURE PAGES FOLLOW] 
  
  

 32 

 IN WITNESS WHEREOF, the parties have executed this Stockholders Agreement as of the date first
above written. 
  

	COMPANY:
	
	MetroPCS, Inc.
		
	 By:
	 	 /s/ Roger D. Linquist

	 	 	 Name:
	 	 Roger D. Linquist

	 	 	 Title:
	 	 Chief Executive Officer

	
	STOCKHOLDERS:

  

	 ACCEL IV L.P.

		
	 By:
	 	 Accel IV Associates L.P., its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 General Partner

  

	 ACCEL KEIRETSU L.P.

		
	 By:
	 	 Accel Partners & Co., Inc., its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Chief Financial Officer

  

	 ACCEL INVESTORS ‘94 L.P.

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 General Partner

  

	 ELLMORE C. PATTERSON PARTNERS

		
	 By:
	 	 /s/ Arthur C. Patterson

	 	

	 Title:
	 	 General Partner

  

	 PROSPER PARTNERS

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Attorney-in-Fact

  

	 ACCEL VII L.P.

		
	 By:
	 	 Accel VII Associates L.L.C., its general
 partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Managing Member

	 ACCEL INTERNET FUND III L.P.

		
	 By:
	 	 Accel Internet Fund III Associates LLC,
 its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Managing Member

  

	 ACCEL INVESTORS ‘99 L.P.

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 General Partner

  

	 ACP FAMILY PARTNERSHIP L.P.

		
	 By:
	 	 /s/ Arthur C. Patterson

	 	

	 Title:
	 	 General Partner

  

	 THEODORE H. ASHFORD

		
	 By:
	 	 /s/ Theodore H. Ashford

	 	

  

	 AUCHINCLOSS WADSWORTH & CO., LP

		
	 By:
	 	 /s/ Elliot Wadsworth II

	 	

	 Title:
	 	 General Partner

  

	 ANDRE BAKAR

		
	 By:
	 	 /s/ Andre Bakar

	 	

  

	 RALPH BARUCH REVOCABLE TRUST

		
	 By:
	 	 /s/ Ralph M. Baruch

	 	

  

	 BATTERY VENTURES III, L.P.

		
	 By:
	 	 /s/ R. G. Barrett

	 	

  

	
	 BERKELEY INVESTMENTS LTD.

		
	 By:
	 	 /s/ Kishore Mirehandahi

	 	

	 Title:
	 	 Authorized Signatory

  

	
	 DENNIS A. BOVIN

		
	 By:
	 	 /s/ Dennis A. Bovin

	 	

  

	
	 BP AMOCO CORPORATION MASTER TRUST
 FOR EMPLOYEE PENSION PLANS

		
	 By:
	 	 /s/ John S. Ruey

	 	

	 Title:
	 	 Manager, Trust Investments, The Americas

  

	
	 ANNE HYDE PATTERSON TRUST U/A 1/31/23

		
	 By:
	 	 Brandywine Trust Co., Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 ANNE HYDE PATTERSON TRUST U/W
 A.O. CHOATE / P.C.

		
	 By:
	 	 Brandywine Trust Co., Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 CAROLINE CHOATE DE CHAZAL TRUST U/A
 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

	
	 DAVID C. PATTERSON TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 JANE CHOATE BECK TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 BRANDYTRUST PRIVATE EQUITY PARTNERS, LP

		
	 By:
	 	 Brandywine Managers, LLC, General Partner

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 Secretary & Treasurer

  

	
	 MICHAEL E. PATTERSON TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Co., Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

	
	 ROBERT E. PATTERSON TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

	
	 THOMAS H.C. PATTERSON TRUST
 U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 ASHTON DE PEYSTER

		
	 By:
	 	 /s/ Ashton de Peyster

	 	

  

	
	 PETER FOX

		
	 By:
	 	 /s/ Peter Fox

	 	

  

	
	 ROBERT GERARD

		
	 By:
	 	 /s/ Robert Gerard

	 	

  

	
	 C. BOYDEN GRAY

		
	 By:
	 	 /s/ C. Boyden Gray

	 	

  

	
	 PATRICIA G. HAMBRECHT

		
	 By:
	 	 /s/ Patricia G. Hambrecht

	 	

  

	
	 THE HAMILTON COMPANIES LLC

		
	 By:
	 	 /s/ Frederic C. Hamilton

	 	

	 Title:
	 	President & Manager

  

	
	 ROBERT L. HARTEVELDT

		
	 By:
	 	 /s/ Robert L. Harteveldt

	 	

	
	 BETTY J. HICKMAN

		
	 By:
	 	 /s/ Betty J. Hickman

	 	

  

	
	 CITIVENTURE PRIVATE PARTICIPATIONS III

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 MICHAEL WALL

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 KME VENTURE III, LP

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 EVERMORE CORPORATION

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

	
	 SHIRLEY WONG SHUN YEE

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 CHEER IDYLL PROPERTY LTD.

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 TRENDLY INVESTMENTS

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 LECKWITH PROPERTY LTD.

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 DAVID R. JENSEN

		
	 By:
	 	 /s/ David R. Jensen

	 	

  

	
	 KURT W. JENSEN

		
	 By:
	 	 /s/ Kurt W. Jensen

	 	

	
	 LOUISE C. JENSEN

		
	 By:
	 	 /s/ Louise C. Jensen

	 	

  

	
	 SCOTT T. JENSEN

		
	 By:
	 	 /s/ Scott T. Jensen

	 	

  

	
	 KANE & CO. C/O CHASE MANHATTAN BANK

		
	 By:
	 	 /s/ Stephanie Kanu

	 	

	 Title:
	 	 Partner

  

	
	 DAVID KAPLAN

		
	 By:
	 	/s/ David Kaplan
	 	

  

	
	 MITCHELL KAPOR

		
	 By:
	 	 /s/ Mitchell Kapor

	 	

  

	
	 LOS ANGELES COUNTY EMPLOYEES
 RETIREMENT ASSOCIATION

		
	 By:
	 	 /s/ Kenneth L. Shaffer

	 	

	 Title:
	 	 Chief Investment Officer

  

	
	 COREY A. LINQUIST

		
	 By:
	 	 /s/ Corey A. Linquist

	 	

  

	
	 JOHN R. LISTER

		
	 By:
	 	 /s/ John R. Lister

	 	

  

	
	 MALCOLM M. LORANG

		
	 By:
	 	 /s/ Malcolm M. Lorang

	 	

	
	 AL LOVERDE

		
	 By:
	 	 /s/ Al Loverde

	 	

  

	
	 SHARON LOVERDE

		
	 By:
	 	 /s/ Sharon Loverde

	 	

  

	
	 RALPH MACK

		
	 By:
	 	 /s/ Ralph Mack

	 	

  

	
	 MITSUI & CO. (U.S.A.), INC.

		
	 By:
	 	 /s/ Yasushi Okazaki

	 	

	 Title:
	 	 General Manager,
 Electrics & Information
 Business Division

  

	
	 NEW YORK LIFE INSURANCE COMPANY

		
	 By:
	 	 /s/ Phillip A. Smith

	 	

	 Title:
	 	 Director, Venture Capital

  

	
	 ONE LIBERTY FUND III L.P.

		
	 By:
	 	 One Liberty Partners III, LP,
 its general partner

		
	 By:
	 	 /s/ Edwin M. Kania, Jr.

	 	

	 Title:
	 	 General Partner

	
	 PARAGON VENTURE PARTNERS II, L.P.

		
	 By:
	 	 Paragon Venture Management Company II, L.P.,
 its general partner

		
	 By:
	 	 /s/ John S. Lewis

	 	

	 Title:
	 	 General Partner

  

	
	 ANNE L. PATTEE

		
	 By:
	 	 /s/ Anne L. Pattee

	 	

  

	
	 GORDON B. PATTEE

		
	 By:
	 	 /s/ Gordon B. Pattee

	 	

  

	
	 ELLEN POSS

		
	 By:
	 	 /s/ Ellen Poss

	 	

  

	
	 PRIMUS CAPITAL FUND III LIMITED
 PARTNERSHIP

		
	 By:
	 	 Primus Venture Partners III Limited
 Partnership, its General Partner

		
	 By:
	 	 Primus Venture Partners, Inc.,
 its general partner

		
	 By:
	 	 /s/ Steven Rothman

	 	

	 Title:
	 	 Secretary

  

	
	 SANI HOLDING, LTD. (BAHAMAS)

		
	 By:
	 	 /s/ I.C. Sani

	 	

	 Title:
	 	 President

	
	 STEVEN L. SCARI

		
	 By:
	 	 /s/ Steven L. Scari

	 	

  

	
	 DAVID SCHOENTHAL

		
	 By:
	 	 /s/ David Schoenthal

	 	

  

	
	 JOHN SCULLEY

		
	 By:
	 	 /s/ John Sculley

	 	

  

	
	 DOUGLAS SHARON

		
	 By:
	 	 /s/ Douglas Sharon

	 	

  

	
	 DENNIS G. SPICKLER

		
	 By:
	 	 /s/ Dennis G. Spickler

	 	

  

	
	 ELIZABETH ANN CAMPBELL NEE
 STOLLENWERCK TRUST

		
	 By:
	 	 /s/ Andrew L. Campbell

	 	

	 Title:
	 	 Trustee

  

	
	 TECHNOLOGY VENTURE ASSOCIATES III

		
	 By:
	 	 /s/ Craig R. Stapleton

	 	

	 Title:
	 	 General Partner

  

	
	 KENNETH R. TERRY

		
	 By:
	 	 /s/ Kenneth R. Terry

	 	

  

	
	 BETSY R. TERRY

		
	 By:
	 	 /s/ Betsy R. Terry

	 	

	 SALVATORE TIANO

		
	 By:
	 	 /s/ Salvatore Tiano

	 	

  

	
	 TRAILHEAD VENTURES, L.P.

		
	 By:
	 	 /s/ Mark C. Masur

	 	

	 Title:
	 	 General Partner

  

	
	 C. R. WELLING

		
	 By:
	 	 /s/ C. R. Welling

	 	

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain Amended and Restated Stockholders Agreement (the
“Agreement”) dated as of             , 2000 by and among MetroPCS, Inc. and the other parties named therein and for all purposes of the Agreement, the undersigned
shall be included within the term Stockholder (as defined in the Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 ___________________________________________________________________________________________________________ 
  
 Facsimile
No.                    . 
  

	
	 
	

	[NAME OF UNDERSIGNED]

 ANNEX A 
  
 DEFINED TERMS 
  
 As used herein, the following terms have the respective meanings set forth below or set forth in the Section hereof following such term: 
  
 “Accredited Investor” has the meaning set forth in Rule
501(a) under Regulation D of the Securities Act. 
  
 “Affiliate” means, at any time, and with respect to any Person, any other Person that at such time directly or indirectly through one or more intermediaries Controls, or is Controlled by, or is under common Control with,
such first Person. 
  
 “Business Day” means any
day other than a Saturday, a Sunday or a day on which commercial banks in New York, New York are required or authorized to be closed. 
  
 “Class A Common Stock” means the shares of Class A Common Stock, par value $0.0001 per share, of the Company. 
  
 “Class B Common Stock” means the shares of Class B Common
Stock, par value $0.0001 per share, of the Company. 
  
 “Class C Common Stock” means the shares of Class C Common Stock, par value $0.0001 per share, of the Company. 
  
 “Class C Shareholders” means the holders of the Class C Common Stock. 
  
 “Common Shares” or “Common Stock” means the Class A Common Stock, Class B Common Stock and
Class C Common Stock. 
  
 “Company” means Metro
PCS, Inc. a Delaware corporation. 
  
 “Control”
means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise. Unless the context otherwise
clearly requires, any reference to an “Affiliate” is a reference to an Affiliate of the Company. 
  
 “Default” means an event or condition the occurrence or existence of which would, with the lapse of time or the giving of notice or both,
become an Event of Default. 
  
 “Event of
Default” is defined in Section 5.1 of the Notes. 
  

 1 

 “FCC” means the Federal Communications Commission. 
  
 “FCC Litigation” means the appeal styled, United States
of America on behalf of the Federal Communications Commission v. GWI PCS1,Inc. et al., Docket No. 99-11294, pending before the United States Court of Appeals for the Fifth Circuit, and any appeal or petition for writ of certiorari arising
therefrom or related thereto. 
  
 “Governmental
Authority” means the government of 
  
 (i) the United States of America or any State or other political subdivision thereof, or 
  
 (ii) any jurisdiction in which the Company or any Subsidiary conducts all or any part of its business, or which asserts jurisdiction over
any properties of the Company or any Subsidiary, or 
  
 (iii) any entity exercising executive, legislative, judicial, regulatory or administrative functions of, or pertaining to, any such government. 
  
 “Holder” means, with respect to any share of Preferred Stock or Note, the Person in whose name such Preferred Stock or Note is registered
in the Units Register. 
  
 “Initial Closing” is
defined in Section 2.1 of the Securities Purchase Agreement. 
  
 “Initial Public Equity Offering” means a firm commitment underwritten initial sale to the public of common stock of the Company by an underwriter of national standing pursuant to an effective registration statement under
the Securities Act (other than on Form S-8 or any other form relating to securities issuable under any benefit plan of the Company). 
  
 “Lucent Agreements” means the Credit Agreement, dated as of August 14, 1998, among the Company, MetroPCS Wireless, Inc.
(“MWI”), Lucent Technologies Inc. (“Lucent”) and the lenders party thereto, the Note Purchase Agreement, dated as of August 14, 1998, among the Company, MWI and Lucent, the letter agreement, dated August 14, 1998, among the
Company, MWI and Lucent, the Unsecured Creditors’ Credit Agreement, dated as of October 8, 1998, among the Company, Lucent and the lenders party thereto, and any agreements relating to the financing transactions contemplated in the foregoing
agreements, as any of all of the above may be amended from time to time, provided that no such amendments (or related agreements) may increase the commitment amounts under such agreements, except for purposes of capitalizing accrued interest.

  
 “Material Adverse Effect” means a material
adverse effect on (a) the business, operations, affairs, financial condition, assets or properties of the Company and its Subsidiaries taken as a whole, or (b) the ability of the Company to perform its obligations under the Securities Purchase
Agreement, the Stockholders Agreement and the Series D Preferred Stock or Notes, or (c) the validity or enforceability of the Securities Purchase Agreement, the Stockholders Agreement and the Notes. 
  

 2 

 “Notes” is defined in the first recital of the Securities Purchase Agreement.

  
 “Officer’s Certificate” means a
certificate of an officer of the Company whose responsibilities extend to the subject matter of such certificate. 
  
 “Person” means an individual, partnership, corporation, limited liability company, association, trust, unincorporated organization, or a
government or agency or political subdivision thereof. 
  
 “Purchasers” is defined in the preamble to the Securities Purchase Agreement. 
  
 “Qualifying Investor” means a “qualifying investor” as defined by the FCC and shall include Persons identified as qualifying
investors in the Company’s applications and filings with the FCC. 
  
 “Qualified Public Offering” means an Initial Public Equity Offering which results in gross proceeds to the Company of at least $50 million in the aggregate, and which yields an adjusted equity valuation of two times the
liquidation value of the Series D Preferred Stock. 
  
 “Required Holders” means, at any time, (a) with respect to Preferred Stock, the Holders of shares of Preferred Stock holding at least 66 2/3% of the aggregate outstanding liquidation preferences of such Preferred Stock, and (b) with respect to Notes, the Holders of at least a majority in principal amount of the Notes
at the time outstanding (in either case, exclusive of, Preferred Stock or Notes then owned by the Company or any of its Affiliates). 
  
 “Responsible Officer” means any senior financial officer and any other officer of the Company with responsibility for the administration
of the relevant portion of this agreement. 
  
 “Securities
Act” means the Securities Act of 1933, as amended from time to time, and the rules and regulations promulgated thereunder. 
  
 “Securities Purchase Agreement” means the Securities Purchase Agreement, dated as of July 17, 2000, among the Company, the Company’s
Subsidiaries listed therein and the Purchasers listed therein. 
  
 “Series D Preferred Stock” means the shares of Series D Convertible Preferred Stock, par value $0.01 per share, of the Company. 
  
 “Stockholder” means any holder of any of the Company’s Common Stock. 
  
 “Stockholder Agreement” means the Company’s Amended and Restated Stockholders Agreement, dated July
17, 2000. 
  

 3 

 “Subsequent Closing” is defined in Section 2.2(a) of the Securities Purchase Agreement.

  
 “Subsidiary” means, as to any Person, any
corporation, association or other business entity in which such Person or one or more of its Subsidiaries or such Person and one or more of its Subsidiaries owns sufficient equity or voting interests to enable it or them (as a group) ordinarily, in
the absence of contingencies, to elect a majority of the directors (or Persons performing similar functions) of such entity, and any partnership or joint venture if more than a 50% interest in the profits or capital thereof is owned, directly or
indirectly, by such Person or one or more of its Subsidiaries or such Person and one or more of its Subsidiaries (unless such partnership can and does ordinarily take major business actions without the prior approval of such Person or one or more of
its Subsidiaries). Unless the context otherwise clearly requires, any reference to a “Subsidiary” is a reference to a Subsidiary of the Company. 
  
 “Transaction Documents” means the Securities Purchase Agreement; the Stockholder Agreement, the Notes, and the Series D Preferred Stock.

  
 “U.S. Dollar” and the symbol
“$” each means dollars of the United States of America. 
  

 4 

 AMENDMENT NO. 1 TO 
 AMENDED AND RESTATED STOCKHOLDERS AGREEMENT 
  
 dated as of November 13, 2000 
  
 Reference hereby is made to the AMENDED AND RESTATED STOCKHOLDERS AGREEMENT dated as of the 17th day of
July 2000 (the “Stockholders Agreement”) by and among MetroPCS, Inc., a Delaware corporation (together with any successor thereto, the “Company”), Roger D. Linquist (“Linquist”), C. Boyden Gray (“Gray,” and
together with Linquist, the “Class A Stockholders”), the stockholders listed on Schedule 1 thereto (the “Class B Stockholders”), the stockholders listed on Schedule 2 thereto (the “Class C Stockholders”), the
stockholders listed on Schedule 3 thereto (the “Series C Preferred Stockholders”) and the stockholders listed on Schedule 4 thereto (the “Series D Preferred Stockholders,” and together with the Class A Stockholders, Class B
Stockholders, Class C Stockholders, and Series C Preferred Stockholders, the “Stockholders”). 
  
 This AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS AGREEMENT dated as of November 13, 2000 (this “Amendment”) between the Company
and the Stockholders provides as follows: 
  
 WHEREAS, the
Stockholders currently own all issued and outstanding shares of the Company’s Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), Class B Common Stock, par value $0.0001 per share (the “Class B Common
Stock”), Class C Common Stock, par value $0.0001 per share (the “Class C Common Stock” and together with the Class A Common Stock and Class B Common Stock, the “Common Stock”) and Series C Cumulative Convertible
Participating Preferred Stock, par value $0.0001 per share (the “Series C Preferred Stock”); and 
  
 WHEREAS, the Company and the Series D Preferred Stockholders entered into a Securities Purchase Agreement, dated as of July 17, 2000, pursuant to
which, among other things, upon the occurrence of the Subsequent Closing, the Preferred Stockholders will have purchased shares of the Company’s Series D Convertible Preferred Stock, par value $0.0001 per share (the “Series D Preferred
Stock” and together with the Series C Preferred Stock, the “Preferred Stock”), and the Preferred Stock is convertible into shares of Class C Common Stock; and 
  
 WHEREAS, the Company and the Series D Preferred Stockholders desire to enter into an Amendment No. 1 to Securities
Purchase Agreement, dated as of November 13, 2000, which will provide, among other things, for the following modifications: (1) increase the issuance of the Preferred Stock to an aggregate liquidation preference of up to $300,000,000; (2) add new
investors as additional purchasers of the Series D Preferred Stock, but not of the Notes; and (3) provide for the purchase of the first $150 million of the Series D Preferred Stock in three stages involving $25 million upon the Subsequent Closing
(ii) up to $25 million upon the Second Preferred Closing as determined by the Board of Directors and (iii) up to $100 million (plus certain other amounts as set forth below) upon the Third Preferred Closing as determined by the Board of Directors;
and 
  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT - Page 1 

 WHEREAS, the execution and delivery of this Amendment is being sought in connection with the
amendment of the Securities Purchase Agreement, as amended. 
  
 NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows: 
  
 ARTICLE I 
 AMENDMENTS TO AGREEMENT 
  
 Section A.
Definitions. Section 1.3 of the Stockholders Agreement hereby is amended to delete and replace the first two sentences of such Section 1.3 and the definition of “Board of Directors” in their entirety, respectively, as follows and
to add the definitions of “Qualified Public Offering” or “Qualifying Public Offering” and “Securities Purchase Agreement” as follows: 
  
 “Section 1.3 Defined Terms. The following capitalized terms, as used in this Agreement,
shall have the meanings set forth below. Unless otherwise defined in this Section 1.3 or in another provision of this Agreement, all of the other capitalized terms used herein have the meanings set forth on Annex A hereto.” 
  
 ““Board” or “Board of
Directors” means the Board of Directors of the Company.” 
  
 ““Qualified Public Offering” or “Qualifying Public Offering” shall have the same meaning as “Qualified Public Offering” as set forth in Annex A to the Securities
Purchase Agreement.” 
  
 ““Securities Purchase Agreement” means that certain Securities Purchase Agreement, dated as of July 17, 2000, by and among MetroPCS, Inc., a Delaware corporation, the “Subsidiaries” listed on Schedule 2
thereto and each of the “Purchasers” listed on Schedule 1 thereto, as amended by Amendment No. 1 to Securities Purchase Agreement, dated as of November 13, 2000, which collectively provides, among other matters, for the issuance and sale
of the Series D Preferred Stock.” 
  
 Section B.
Voting Rights. Section 2.2(b), (c) and (d) of the Stockholders Agreement hereby are deleted and replaced in their entirety with the following: 
  

“(b) Voting Rights. Except as otherwise specifically provided in this Agreement, the Class C Stockholders as a class
shall have the right to vote 49.9% of the Company’s voting interests on all matters. The Class C Stockholders shall elect four members of the Company’s Board of Directors (each, a “Class C Common Stock Director”) who collectively
will have three (with each such member having a fractional 

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT - Page 2 

 
vote in accordance with the Charter) of the seven total votes of the Company’s Board of Directors, all of whom shall be designated as provided in
Section 2.2(c) hereof. Pursuant to the terms of the Charter and the By-Laws of the Company, each director elected by the Class C Stockholders pursuant to this Article 2.2 shall have a fractional vote, which fractional vote shall be determined by
multiplying three (which number represents the collective votes held by the Class C Common Stock Directors) by a fraction, the numerator of which shall be the total number of shares of Class C Common Stock held on the date such vote is made by the
Class C Stockholder (together with their Affiliates or subsidiaries) that designated such director pursuant to the terms of Section 2.2(c) hereof, and the denominator of which shall be the total number of outstanding shares of Class C Common Stock
held by all Stockholders (together with its Affiliates or subsidiaries) entitled to designate a director pursuant to Section 2.2(c) hereof. Solely for the purposes of Section 2.2, the total number of shares of Class C Common Stock held by Pacific
Capital Group and/or its Affiliates (collectively, “Pacific”) shall be deemed to include the shares of Class C Common Stock held by Pacific, Clarity Partners, L.P. and GC Dev. Co., Inc. (together with their respective Affiliates or
subsidiaries). 
  
 (c) Designation of
Directors. The Class C Stockholders agree to vote all of their shares of Class C Common Stock and to take all other actions necessary to cause the election and continuance in office as directors the following (the “Outside Directors”):

  
 (i) One (1) individual nominated by Accel Partners
(“Accel”); and 
  
 (ii) Three (3) individuals
nominated by the Series D Preferred Stockholders, one of whom shall be designated by Chase Capital Partners and its Affiliates (collectively “Chase”), one of whom shall be designated by MC Venture Partners (“MC Partners”)
and one of whom shall be designated by Pacific; 
  
 provided,
however, that if one of the foregoing named Persons fails to deliver a Commitment as defined in and pursuant to the Securities Purchase Agreement for the purchase of Preferred Stock in an amount at least equal to $35 million or such named Person
fails to purchase the Series D Preferred Stock in accordance with such Person’s Commitment (in either case, a “Commitment or Funding Failure”), then the foregoing right of such named Person to nominate an individual as a director of
the Board pursuant to this subsection (c) shall be rescinded and cancelled and not become effective, except as otherwise provided below; provided, further however, that if within ten (10) Business Days following the delivery of notice of the
occurrence of an Optional Revocation Date (as defined in the Securities Purchase Agreement), if one of the foregoing named Persons revokes such Person’s remaining Commitment to fund the purchase of Series D Preferred Stock (a “Commitment
Revocation”), then, except as otherwise provided below, the foregoing right of such named Person to nominate an individual as a director of the Board pursuant to this subsection (c) shall terminate, cease and be of no further force and effect
and the individual then serving as a director of the Board nominated by such Person shall immediately resign such director’s position on the Board as of the close of business on such tenth (10th) Business Day following the Optional Revocation
Date. A Person, whose right to nominate a director is terminated pursuant to the previous sentence, shall 

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT - Page 3 

 
have the right to designate an individual (including the resigning individual) as a board observer pursuant to subsection (d) below. In the
case of either a Commitment or Funding Failure or a Commitment Revocation pursuant to the preceding sentence, the remaining Outside Directors shall have the option to reassign the foregoing right and to substitute and name another significant
Stockholder to nominate an individual as a director of the Board pursuant to this subsection (c). In the event that, as a result of the foregoing provisions, there are no remaining Outside Directors, then the Stockholder who has the single largest
equity interest in the Company, which is attributable to the ownership of the Series D Preferred Stock purchased pursuant to the Securities Purchase Agreement, shall be entitled to nominate an individual as a director of the Board pursuant to this
subsection (c); provided, however, that such director shall not be included as an Outside Director for the purposes of approving any actions subject to a “Supermajority” approval under Section 3.1. Notwithstanding any provision to the
contrary herein, the right of each Stockholder, which initially includes Accel, Chase, MC Partners and Pacific, to designate for nomination one director, respectively, pursuant to this subsection (c) shall continue hereunder only so long as such
Stockholder (together with its Affiliates or subsidiaries) owns Series D Preferred Stock and Class C Common Stock that is equal to at least (i) 4% of the fully diluted equity of the Company or (ii) 50% of the total Series D Preferred Stock (or the
Class C Common Stock issuable upon conversion thereof) purchased by such Person pursuant to the Securities Purchase Agreement. 
  
 (d) Visitation Rights. Any Stockholder that is granted a Board visitation right pursuant to the preceding subsection (c), and
Battery Ventures, First Plaza Group, Clarity Partners, L.P., and Primus Venture Partners, Inc., in each case, shall be entitled to designate one individual to serve as a Board observer and upon the appointment of such individual as a Board observer
by either a resolution of the Board or Stockholders, such individual shall be entitled to attend all meetings of the Board and receive all materials distributed to the Board. If the Board fails to timely adopt a resolution that appoints each of the
individuals so entitled to serve as a Board observer, then the Class C Stockholders agree to vote all of their shares of Class C Common Stock and to take all other actions necessary to cause the appointment of each such individual as a Board
observer. Notwithstanding any provision to the contrary herein, the foregoing right to designate an individual as a Board observer pursuant to this subsection (d) shall continue hereunder only so long as such Stockholder (together with its
Affiliates or subsidiaries) owns Series D Preferred Stock and Class C Common Stock that is equal to at least fifty percent (50%) of the total Series D Preferred Stock (or the Class C Common Stock issuable upon conversion thereof) purchased by such
Person pursuant to the Securities Purchase Agreement. 
  
 Section C. Supermajority Voting Rights. (1) The first paragraph of Section 3.1 of the Stockholders Agreement hereby is amended by deleting the clause: “(x) the affirmative vote of each of the three Outside
Directors”; and inserting in its place the following clause: “(x) the affirmative vote of each of the Outside Directors”. 
  
 (2) Section 3.1 of the Stockholders Agreement is hereby amended (A) by deleting clause (i) that reads “(i) in connection with the Company’s
initial public offering at a price per share 

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT - Page 4 

 
which implies an adjusted equity valuation of the Series D Preferred Stock of at least $2,000 per share and which is expected to generate gross proceeds in
an amount of equal to $50 million (a “Qualifying Public Offering)” and inserting in lieu thereof the following clause: “(i) in connection with a Qualified Public Offering by the Company;” and (B) by inserting at the end of
the last parenthetical contained therein after the phrase “fair market value”, the clause, “as determined by the Board, including at least a majority of the Outside Directors.” 
  
 Section D. Co-Sale Option. Section 4.4(a) of the Stockholders
Agreement hereby is amended by deleting the second parenthetical clause and inserting in lieu thereof “(provided they convert the shares of Preferred Stock to be sold as Class C Common Stock prior to the sale of the Offered Common Stock).”

  
 Section E. Pre-Emptive Rights. The second
paragraph of Section 5.1 of the Stockholders Agreement hereby is amended by deleting the word “two” from the following parenthetical clause: “(including at least two Outside Directors, in the case of option plans not in
effect as of the date of this Agreement or in the case of amendments to such option plans)”; and inserting in its place the words “a majority (e.g., more than 50%) of the” into such clause. 
  
 Section F. Indemnification. Section 6.7(c) of the Stockholders
Agreement hereby is amended by inserting after the second sentence thereof the following: 
  
 “If, in the reasonable judgment of the counsel to the indemnified party, having common counsel with an indemnifying party could result in a conflict of interest because of different or additional defenses that
may be available to the indemnified party, then such indemnified party may employ at the indemnifying party’s expense separate counsel to represent or defend such indemnified party in such action, it being understood, however, that the
indemnifying party shall not be liable for the reasonable fees and expenses of more than one separate firm of attorneys at any time for all such indemnified parities (in addition to local counsel) in such action or group of related actions arising
out of the same facts or circumstances.” 
  
 ARTICLE II

 MISCELLANEOUS 
  
 Section A. Ratification & Conflicts. The Stockholders Agreement as amended by this Amendment is ratified and confirmed, and shall
remain in full force and effect. In the event of any conflict between the terms of the Stockholders Agreement and this Amendment, the terms and provisions of this Amendment shall govern and control. 
  
 Section B.
Effectiveness. This Amendment shall only become effective upon the Stockholders Agreement becoming effective, which shall occur as of the Subsequent Closing (as defined in Annex A to the Securities Purchase
Agreement). 
  
 Section C.
Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be an original but all of which together shall constitute one 

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT - Page 5 

 
instrument. Each counterpart may consist of a number of copies hereof, each signed by less than all, but together signed by all, of the parties hereto.

  
 [SIGNATURE PAGES FOLLOW] 
  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT - Page 6 

 IN WITNESS WHEREOF, the parties have executed this AMENDMENT NO. 1 TO AMENDED AND RESTATED
STOCKHOLDERS AGREEMENT as of the date first above written. 
  

	 COMPANY:

	 
	 MetroPCS, Inc.

		
	By:	 	 /s/ Roger D. Linquist

	 	

	 	 	 	 	 
	 	 	 Name:
	 	 Roger D. Linquist

	 	 	 Title:
	 	 Chief Executive Officer

  

	STOCKHOLDERS:

  
  

	ACCEL IV L.P.
		
	 By:
	 	 Accel IV Associates L.P., its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 Title:
	 	 General Partner

  

	ACCEL KEIRETSU L.P.
		
	 By:
	 	 Accel Partners & Co., Inc., its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 Title:
	 	 Chief Financial Officer

  

	ACCEL INVESTORS ‘94 L.P.
		
	 By:
	 	 /s/ G. Carter Sednaoui

	 Title:
	 	 General Partner

  

	ELLMORE C. PATTERSON PARTNERS
		
	 By:
	 	 /s/ Arthur C. Patterson

	 Title:
	 	 General Partner

  

	PROSPER PARTNERS
		
	By:	 	 /s/ G. Carter Sednaoui

	Title:	 	Attorney-in-Fact

  

	ACCEL VII L.P.
		
	By:	 	 Accel VII Associates L.L.C.,
 its general
partner

		
	By:	 	 /s/ G. Carter Sednaoui

	Title:	 	Managing Member

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	ACCEL INTERNET FUND III L.P.
		
	By:	 	Accel Internet Fund III Associates LLC,
	 	 	its general partner
		
	By:	 	 /s/ G. Carter Sednaoui

	Title:	 	Managing Member

  

	ACCEL INVESTORS ‘99 L.P.
		
	By:	 	 /s/ G. Carter Sednaoui

	Title:	 	General Partner

  

	ACP FAMILY PARTNERSHIP L.P.
		
	By:	 	/s/ Arthur C. Patterson
	 	

	Title:	 	General Partner

  

	THEODORE H. ASHFORD
		
	By:	 	 /s/ Theodore H. Ashford

  

	AUCHINCLOSS WADSWORTH & CO., LP
		
	By:	 	 /s/ Elliot Wadsworth II

	Title:	 	General Partner

  

	ANDRE BAKAR
		
	By:	 	 /s/ Andre Bakar

  

	RALPH BARUCH REVOCABLE TRUST
		
	By	 	 /s/ Ralph M. Baruch

  

	BATTERY VENTURES III, L.P.
		
	By:	 	 /s/ R. G. Barrett

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	BERKELEY INVESTMENTS LTD.
		
	By:	 	 /s/ Kishore Mirehandahi

	Title:	 	Authorized Signatory

  

	DENNIS A. BOVIN
		
	By:	 	 /s/ Dennis A. Bovin

  

	ANNE HYDE PATTERSON TRUST U/A 1/31/23
		
	By:	 	Brandywine Trust Co., Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

	ANNE HYDE PATTERSON TRUST U/W A.O.
CHOATE / P.C.
		
	By:	 	Brandywine Trust Co., Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

	CAROLINE CHOATE DE CHAZAL TRUST U/A
2/10/56
		
	By:	 	Brandywine Trust Company, Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

	DAVID C. PATTERSON TRUST U/A 2/10/56
		
	By:	 	Brandywine Trust Company, Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	JANE CHOATE BECK TRUST U/A 2/10/56
		
	By:	 	Brandywine Trust Company, Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

	BRANDYTRUST PRIVATE EQUITY PARTNERS,
LP
		
	By:	 	Brandywine Managers, LLC, General Partner
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	Secretary & Treasurer

  

	MICHAEL E. PATTERSON TRUST U/A 2/10/56
		
	By:	 	Brandywine Trust Co., Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

	ROBERT E. PATTERSON TRUST U/A 2/10/56
		
	By:	 	Brandywine Trust Company, Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

	 THOMAS H.C. PATTERSON TRUST U/A
 2/10/56

		
	By:	 	Brandywine Trust Company, Trustee
		
	By:	 	 /s/ Richard E. Carlson

	Title:	 	President

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	BP AMOCO CORPORATION MASTER TRUST
FOR EMPLOYEE PENSION PLANS
		
	By:	 	Chase Manhattan Bank, Trustee
		
	By:	 	 /s/ Peter Owen

	Title:	 	Vice President

  

	ASHTON DE PEYSTER
		
	By:	 	 /s/ Ashton de Peyster

  

	PETER FOX
		
	By:	 	 /s/ Peter Fox

  

	ROBERT GERARD
		
	By:	 	 /s/ Robert Gerard

  

	C. BOYDEN GRAY
		
	By:	 	 /s/ C. Boyden Gray

  

	RAKESH GUPTA
		
	By:	 	 /s/ Rakesh Gupta

  

	PATRICIA G. HAMBRECHT
		
	By:	 	 /s/ Patricia G. Hambrecht

  

	THE HAMILTON COMPANIES LLC
		
	By:	 	 /s/ Frederic C. Hamilton

	Title:	 	President & Manager

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	ROBERT L. HARTEVELDT
	 
	By:	 	 /s/ Robert L. Harteveldt

  

	BETTY J. HICKMAN
		
	By:	 	 /s/ Betty J. Hickman

  

	DAVID R. JENSEN
		
	By:	 	 /s/ David R. Jensen

  

	ERIC R. JENSEN
		
	By:	 	 /s/ Eric R. Jensen

  

	KURT WILLIAM JENSEN
		
	By:	 	 /s/ Kurt William Jensen

  

	LOUISE C. JENSEN
		
	By:	 	 /s/ Louise C. Jensen

  

	SCOTT T. JENSEN
		
	By:	 	 /s/ Scott T. Jensen

  

	KANE & CO. C/O CHASE MANHATTAN BANK
		
	By:	 	The Chase Manhattan Bank
		
	By:	 	 /s/ Monte P. Rosenthal

	Title:	 	Assistant Vise President

  

	DAVID KAPLAN
		
	By:	 	 /s/ David Kaplan

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	MITCHELL KAPOR
		
	By:	 	 /s/ Mitchell Kapor

  

	KENWOOD CORPORATION
		
	By:	 	 /s/ Miyahara Nobuhiro

	Title:	 	Manager, Corporate Planning

  

	LOS ANGELES COUNTY EMPLOYEES
RETIREMENT ASSOCIATION
		
	By:	 	 /s/ Kenneth L. Shaffer

	Title:	 	Chief Investment Officer

  

	ROGER D. LINQUIST
		
	By:	 	 /s/ Roger D. Linquist

  

	COREY A. LINQUIST
		
	By:	 	 /s/ Corey A. Linquist

  

	JOHN R. LISTER
		
	By:	 	 /s/ John R. Lister

  

	MALCOLM M. LORANG
		
	By:	 	 /s/ Malcolm M. Lorang

  

	AL LOVERDE
		
	By:	 	/s/ Al Loverde
	 	

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	SHARON LOVERDE
		
	By:	 	/s/ Sharon Loverde
	 	

  

	RALPH MACK
		
	By:	 	 /s/ Ralph Mack

  

	NEW YORK LIFE INSURANCE COMPANY
		
	By:	 	 /s/ William Y. Cheng

	Title:	 	Vice President

  

	ONE LIBERTY FUND III L.P.
		
	By:	 	One Liberty Partners III, LP,
	 	 	its general partner
		
	By:	 	 /s/ Edwin M. Kania, Jr.

	Title:	 	General Partner

  

	PARAGON VENTURE PARTNERS II, L.P.
		
	By:	 	Paragon Venture Management Company II, L.P.,
	 	 	its general partner
		
	By:	 	 /s/ John S. Lewis

	Title:	 	General Partner

  

	ANNE L. PATTEE
		
	By:	 	 /s/ Anne L. Pattee

  

	GORDON B. PATTEE
		
	By:	 	 /s/ Gordon B. Pattee

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	ELLEN POSS
		
	By:	 	 /s/ Ellen Poss

  

	PRIMUS CAPITAL FUND III LIMITED
PARTNERSHIP
		
	By:	 	Primus Venture Partners III Limited
	 	 	Partnership, its General Partner
		
	By:	 	Primus Venture Partners, Inc.,
	 	 	its general partner
		
	By:	 	 /s/ Steven Rothman

	Title:	 	Secretary

  

	PRIMUS CAPITAL FUND V LIMITED
PARTNERSHIP
		
	By:	 	Primus Venture Partners V L.L.C.,
	 	 	its general partner
		
	By:	 	 /s/ Steven Rothman

	Title:	 	Secretary and Treasurer

  

	PRIMUS EXECUTIVE FUND V LIMITED
PARTNERSHIP
		
	By:	 	Primus Venture Partners V L.L.C.,
	 	 	its general partner
		
	By:	 	 /s/ Steven Rothman

	Title:	 	Secretary and Treasurer

  

	STEVEN L. SCARI
		
	By:	 	/s/ Steven L. Scari

  

	CURTIS W. SCHADE
		
	By:	 	 /s/ Curtis W. Schade

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	DAVID SCHOENTHAL
		
	By:	 	 /s/ David Schoenthal

  

	JOHN SCULLEY
		
	By:	 	 /s/ John Sculley

  

	DOUGLAS SHARON
		
	By:	 	 /s/ Douglas Sharon

  

	SONOMA WEST HOLDINGS, INC.
		
	By:	 	 /s/ Gary L. Hess

	Title:	 	President and Chief Executive Officer

  

	DENNIS G. SPICKLER
		
	By:	 	 /s/ Dennis G. Spickler

  

	ELIZABETH ANN CAMPBELL NEE
STOLLENWERCK TRUST
		
	By:	 	 /s/ Andrew L. Campbell

	Title:	 	Trustee

  

	TECHNOLOGY VENTURE ASSOCIATES III
		
	By:	 	 /s/ Craig R. Stapleton

	Title:	 	General Partner

  

	KENNETH R. TERRY
		
	By:	 	 /s/ Kenneth R. Terry

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

	BETSY R. TERRY
		
	By:	 	 /s/ Betsy R. Terry

  

	SALVATORE TIANO
		
	By:	 	 /s/ Salvatore Tiano

  

	TRAILHEAD VENTURES, L.P.
		
	By:	 	/s/ Mark C. Masur
	 	

	Title:	 	General Partner

  

	CURTIS R. WELLING
		
	By:	 	 /s/ Curtis. R. Welling

  

	J. H. WHITNEY, IV L.P.
		
	By:	 	 /s/ Joseph T. McCullen, Jr.

	Title:	 	Managing Director

  

	WINSTON-THAYER PARTNERS
		
	By:	 	 /s/ A. Scott Andrews

	Title:	 	Managing Director

  

 AMENDMENT NO. 1 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Pages 

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	Facsimile
No.                            	  	 	  	 
	 	  	ACP FAMILY PARTNERSHIP L.P.
			
	 	  	By:	  	  
 /s/ Arthur C. Patterson

	 	  	 	  	General Partner

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	Facsimile No.
                            .	  	 	  	 
		
	 	  	ACCEL INTERNET FUND III L.P.
			
	 	  	By:	  	Accel Internet Fund III Associates L.L.C.,
	 	  	 	  	its general partner
			
	 	  	By:	  	 /s/ G. Carter Sednaoui

	 	  	 	  	Managing Member

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	Facsimile No.
                            .
	
	 

		
	 	  	ACCEL INVESTORS ‘99 L.P.
			
	 	  	By:	  	 /s/ G. Carter Sednaoui

	 	  	 	  	General Partner

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	Facsimile No.
                            .

		
	 	  	ACCEL VII L.P.
			
	 	  	By:	  	Accel VII Associates L.L.C.
	 	  	 	  	its general partner
			
	 	  	By:	  	 /s/ G. Carter Sednaoui

	 	  	 	  	Managing Member

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	Address:	 	75 State Street, Suite 2500
	 	 	Boston, MA 02109
	Facsimile No. (617) 345-7201

  

	
	 Print Name of Prospective Holder of Series D

	Preferred Stock:
	
	CHESTNUT STREET PARTNERS, INC.
		
	By:	 	 /s/ James F. Wade

	Name:	 	James F. Wade
	Title:	 	Vice President

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 Facsimile No.
                            . 
  

	Print Name of Prospective Holder of Series D Preferred Stock:
	
	CLARITY PARTNERS, L.P.
		
	By:	 	 /s/ Barry Porter

	 Name:
	 	 Barry Porter

	 Title:
	 	 Managing General Partner

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 Facsimile No.
                                . 
  

	Print Name of Prospective Holder of Series D Preferred Stock:
		
	By:	 	/s/ Rakesh Gupta
	 	

	 	 	Rakesh Gupta

  
  
 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned
hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other
parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned
is as follows: 
  
 Facsimile No.
                                . 
  

	Print Name of Prospective Holder of Series D Preferred Stock:
		
	By:	 	/s/ Robert L. Harteveldt
	 	

	 	 	Robert L. Harteveldt

  

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	 Facsimile No.
	 	 (718) 242-8695
	 	 	 	 	 	 	  	 

  

	Print Name of Prospective Holder of Series D Preferred Stock:
	 
	 KANE & CO.
 C/O THE CHASE
MANHATTAN BANK

	 
		
	By:	 	 The Chase Manhattan Bank

		
	By:	 	 /s/ Monte P. Rosenthal

	 	

	 Name:
	 	 Monte P. Rosenthal

	 Title:
	 	 Assistant Vice President

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	 Facsimile No.
	 	 310-499-5472
	 	 	 	 	 	 	  	 

  

	Print Name of Prospective Holder of Series D Preferred Stock:
	 
	METRO PCS INVESTORS LLC
	360 North Crescent Drive
	Beverly Hills, CA 90210
		
	By:	 	 /s/ Robert B. Webster

	 	

	 Name:
	 	 Robert B. Webster

	 Title:
	 	 Managing Director

  

  
 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a
party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the
undersigned shall be included within the term Stockholder (as defined in the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	 Address:
	 	75 State Street, Suite 2500	 	 	 	 	 	 	  	 
	 	 	Boston, MA 02109	 	 	 	 	 	 	  	 
						
	 Facsimile No.
	 	(617) 345-7201	 	 	 	 	 	 	  	 

  

	Print Name of Prospective Holder of Series D Preferred Stock:
	 
	M/C VENTURE INVESTORS, LLC
		
	By:	 	 /s/ James F. Wade

	 	

	 Name:
	 	 James F. Wade

	 Title:
	 	 Manager

  

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	 Address:
	 	75 State Street, Suite 2500	 	 	 	 	 	 	  	 
	 	 	Boston, MA 02109	 	 	 	 	 	 	  	 
						
	 Facsimile No.
	 	(617) 345-7201	 	 	 	 	 	 	  	 

  

	Print Name of Prospective Holder of Series D Preferred Stock:
	 
	M/C VENTURE PARTNERS IV, L.P.
		
	By:	 	 M/C VP IV, LLC, its General Partner

		
	By:	 	 /s/ James F. Wade

	 	

	 Name:
	 	 James F. Wade

	 Title:
	 	 Manager

  

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	 Address:
	 	75 State Street, Suite 2500	 	 	 	 	 	 	  	 
	 	 	Boston, MA 02109	 	 	 	 	 	 	  	 
						
	 Facsimile No.
	 	(617) 345-7201	 	 	 	 	 	 	  	 

  

	Print Name of Prospective Holder of Series D Preferred Stock:
	 
	M/C VENTURE PARTNERS V, L.P.
		
	By:	 	 M/C VP V, LLC, its General Partner

		
	By:	 	 /s/ James F. Wade

	 	

	 Name:
	 	 James F. Wade

	 Title:
	 	 Manager

  

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 Facsimile No.                      
  

	 PRIMUS CAPITAL FUND V LIMITED PARTNERSHIP
  

		
	By:	 	 Primus Venture Partners V L.L.C.,
 its General Partner
  
 By: /s/ Jeffrey T. Milius

	 	

	 	 	 Name: Jeffrey T. Milius
 Title: Principal

  

	PRIMUS EXECUTIVE FUND V LIMITED PARTNERSHIP
		
	By:	 	 Primus Venture Partners V L.L.C.,
 its General Partner
  
 By: /s/ Jeffrey T. Milius

	 	

	 	 	 Name: Jeffrey T. Milius
 Title: Principal

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 Facsimile No.                         

  

	Print Name of Prospective Holder of Series D Preferred Stock:
		
	By:	 	 /s/ John Sculley

	 	

	 	 	 John Sculley

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	Address:	 	1448 Industrial Avenue
	 	 	Sebastopol, CA 95472
	 	 	 
	Facsimile No. (707) 824-2545

  

	
	 Print Name of Prospective Holder of Series D Preferred Stock:

	
	SONOMAWEST HOLDINGS, INC.
		
	By:	 	 /s/ Gary L. Hess

	Name:	 	Gary L. Hess
	Title:	 	President/CEO

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 Facsimile No.
                            . 
  

	
	 Print Name of Prospective Holder of Series D

	Preferred Stock:
	
	TECHNOLOGY VENTURE ASSOCIATES III
		
	By:	 	 /s/ Craig R. Stapleton

	Name:	 	Craig R. Stapleton
	Title:	 	General Partner

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
 Facsimile No.
                            . 
  

	Print Name of Prospective Holder of Series D Preferred Stock:
		
	By:	 	 /s/ Salvatore Tiano

	 	 	 Salvatore Tiano

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
  
 Facsimile No.
                            . 
  

	Print Name of Prospective Holder of Series D Preferred Stock:
	
	TRAILHEAD VENTURES, L.P.
		
	By:	 	 /s/ Mark C. Masur

	 Name:
	 	 Mark C. Masur

	 Title:
	 	 General Partner

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  
  
 Facsimile No.
                            . 
  

	Print Name of Prospective Holder of Series D Preferred Stock:
	
	WINSTON-THAYER PARTNERS, L.P.
		
	By:	 	 /s/ A. Scott Andrews

	 Name:
	 	 A. Scott Andrews

	 Title:
	 	 Managing Partner

 EXHIBIT A 
  
 Form of Joinder Agreement 
  
 The undersigned hereby agrees, effective as of the date hereof, to become a party to that certain AMENDMENT NO. 1 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT dated as of November 13, 2000 (the “Amendment”) by and among MetroPCS Inc. and the other parties named therein and for all purposes of the Amendment, the undersigned shall be included within the term Stockholder (as defined in
the Stockholders Agreement). The address and facsimile number to which notices may be sent to the undersigned is as follows: 
  

	 	 	 
	Facsimile No. 617-423-4647

  

	Print Name of Prospective Holder of Series D Preferred Stock:
		
	By:	 	 /s/ Joseph T. McCullen, Jr.

	 	 	 Joseph T. McCullen, Jr.

 AMENDMENT NO. 2 TO 
 AMENDED AND RESTATED STOCKHOLDERS AGREEMENT 
  
 dated as of January 4, 2001 
  
 Reference hereby is made to the AMENDED AND RESTATED STOCKHOLDERS AGREEMENT dated as of July 17, 2000, as amended by Amendment No. 1 thereto dated as of November 13, 2000 (as so amended, the “Prior Stockholders Agreement”) by and
among MetroPCS, Inc., a Delaware corporation (together with any successor thereto, the “Company”), Roger D. Linquist (“Linquist”), C. Boyden Gray (“Gray,” and together with Linquist, the “Class A
Stockholders”), the stockholders listed on Schedule 1 thereto (the “Class B Stockholders”), the stockholders listed on Schedule 2 thereto (the “Class C Stockholders”), the stockholders listed on Schedule 3 thereto (the
“Series C Preferred Stockholders”) and the stockholders listed on Schedule 4 thereto (the “Series D Preferred Stockholders,” and together with the Class A Stockholders, Class B Stockholders, Class C Stockholders, and Series C
Preferred Stockholders, the “Stockholders”). 
  
 This
AMENDMENT NO. 2 TO AMENDED AND RESTATED STOCKHOLDERS AGREEMENT dated as of January 4, 2001 (this “Amendment No. 2”) between the Company and the Stockholders is entered into pursuant to Section 7.1 of the Stockholders Agreement for the
purpose of modifying and adding certain provisions of and to the Prior Stockholders Agreement. Initially capitalized terms used herein not otherwise defined shall have the meanings set forth in the Stockholders Agreement, including Annex A thereto.

  
 WHEREAS, the Stockholders currently own all issued and
outstanding shares of the Company’s Common Stock and Series D Preferred Stock and the Company and the Series D Preferred Stockholders have entered into a Securities Purchase Agreement pursuant to which the Company and the Series D Preferred
Stockholders have agreed to the issuance and purchase of the Company’s Series D Convertible Preferred Stock, par value $0.0001 per share, with an aggregate liquidation value of up to $300 million; and 
  
 WHEREAS, in connection with Amendment No. 4 to Securities Purchase Agreement,
the Company and the Stockholders desire to amend the Prior Stockholders Agreement as follows: (1) amend Sections 2.1 and 3.2 to provide for the termination of the special voting rights of the Class A. Stockholders and the supermajority voting rights
upon certain events; (2) amend Section 2.2 to provide for three directors for the Class C Common Stockholders with one nominated by Accel, one by MC Venture Partners and one by the holders of the Series D Preferred Stock and to provide for
supermajority voting by only the two Outside Directors being nominated by Accel and MC Venture Partners; (3) amend Section 3.1 to clarity the supermajority voting rights; (4) amend Section 4.1 to reference the provisions of the Certificate of
Designations for the Series D Preferred Stock that provide certain additional liquidation preference rights upon certain sales of assets of the Company and additional co-sale rights to receive an equivalent portion of their liquidation preference
from a sale of 1% or more of the voting stock of the Company; (5) amend Section 5.1 to clarify that the Stockholders’ pre-emptive rights do not apply to the Series D Preferred Stock being sold pursuant to the Securities Purchase Agreement; and
(6) amend and add certain definitions in Annex A. 
  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 1 

 NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter set
forth, the parties hereto agree as follows: 
  
 ARTICLE I

 AMENDMENTS TO STOCKHOLDERS AGREEMENT 
  
 Section A. Termination of Special Voting Rights. 
  

1. Section 2.1 (a) of the Prior Stockholders Agreement hereby is amended and restated in its entirety to read as follows: 
  
 “(a) Voting Rights. Until a Class A
Voting Termination Event (as defined below) has occurred, the Class A Stockholders as a class and at all times during shall have the right to vote 50.1% of the Company’s voting interests and to elect four members of the Company’s Board of
Directors (who will represent four of the seven votes of the Company’s Board of Directors) as provided in Section 2.1(b) hereof. A “Class A Voting Termination Event” shall occur upon the earlier of (1) ten years following the
grant of a PCS license (as the term is defined from time to time by the FCC) to the Company, or (2) the occurrence of the following (i) the receipt by the Company and the Board of Directors of a legal opinion from regulatory counsel of nationally
recognized standing to the effect that the FCC requirements for eligibility as a Small Business (as such term is defined by the FCC) are no longer applicable to the Company and that the voting rights of the Class A Common Stock and the Class C
Common Stock can be modified in a manner that eliminates the special voting rights (as contemplated below) and such modification is permitted under the applicable FCC rules, regulations or policies, and (ii) the approval by the Board of Directors
and the approval by the Outside Directors of such modification of the voting rights to eliminate such special voting rights (as contemplated below). Notwithstanding any provision to the contrary herein, upon a Class A Voting Termination Event the
Company, the Board of Directors and the Stockholders shall use their reasonable best efforts to amend the provisions of the Stockholders Agreement, the Charter and the Bylaws of the Company as each relates to the special voting rights of the Class A
Stockholders and the Class C Common Stockholders in a manner to provide for (1) the Class A Common Stockholders and the Class C Common Stockholders to vote on a one vote per share basis of Common Stock (including Preferred Stock on an as converted
basis), (2) the reduction of the number of directors elected by the Class A Stockholders as a class from four to two directors, with these two directors being nominated one by Linquist and second by Gray, and the reduction of the total directors on
the Board from seven to five directors, (3) any of the five director positions that are not nominated in accordance with the provisions of the Agreement shall be nominated and elected by the Stockholders of the relevant class voting on a one voter
per share basis, and (4) the elimination of the supermajority voting rights in Article III.” 
  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 2 

 2. Section 3.2 of the Prior Stockholders Agreement hereby is amended and restated in its entirety to read
as follows: “Section 3.2 Qualifying Public Offering. Upon the earlier of the consummation of the Qualifying Public Offering or a Class A Voting Termination Event, the foregoing supermajority voting rights and any Outside Director voting
rights will no longer be applicable.” 
  
 Section B.
Nomination and Voting Rights of Class C Common Stock Directors. Section 2.2(b), (c) and (d) of the Prior Stockholders Agreement hereby are deleted and replaced in their entirety with the following: 
  
 “(b) Voting Rights. Except as otherwise
specifically provided in this Agreement, the Class C Stockholders as a class shall have the right to vote 49.9% of the Company’s voting interests on all matters. The Class C Stockholders shall elect three (3) members of the Company’s Board
of Directors (each, a “Class C Common Stock Director”) each of whom will have one vote per member and who collectively will have three (3) of the seven total votes of the Company’s Board of Directors, all of whom shall be
designated as provided in Section 2.2(c) hereof; provided that the foregoing Board voting rights of each Class C Common Stock Director shall be subject to any applicable provisions of the Bylaws, the Charter and Delaware law, as applied with the
later controlling any conflicting provisions of the earlier or this Stockholders Agreement. 
  
 (c) Designation of Directors. The Class C Stockholders agree to vote all of their shares of Class C Common Stock and to take
all other actions necessary to cause the election or appointment and continuance in office as the Class C Common Stock Directors the following: 
  
 (i) One (1) individual nominated by Accel Partners (together with its Affiliates, “Accel”); 
  
 (ii) One (1) individual nominated by MC Venture Partners (together with its
Affiliates, “MC Partners”); and 
  
 (iii) One
(1) individual nominated by the Series D Preferred Stockholders; provided, that each of the Class C Common Stock Directors and each of the Board Observers, who in each case is serving in such role immediately prior to such nomination, shall have the
right to select one name of an individual to be considered for such nomination by the Series D Preferred Stockholders; 
  
 For purposes of this Stockholders Agreement (including without limitation the supermajority voting rights under Section 3.1 of the Stockholders
Agreement), the “Outside Directors” shall include each of the directors elected or appointed pursuant to the nomination by Accel and MC Partners. The director elected or appointed pursuant to the nomination by the Series D Preferred
Stockholders pursuant to clause (iii) above shall not be included as an Outside Director for purposes of this Stockholders Agreement. 
  
 Notwithstanding any provision to the contrary herein, if MC Partners fails to deliver a Commitment as defined in and pursuant to the
Securities Purchase Agreement 

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 3 

 
for the purchase of Preferred Stock in an amount at least equal to $35 million or MC Partners fails to purchase the Series D Preferred Stock in accordance
with its Commitment for three years from the date of the Subsequent Closing (in either case, a “Commitment or Funding Failure”), then the foregoing right of MC Partners to nominate an individual as a director of the Board pursuant
to this subsection (c) shall be rescinded and cancelled and not become effective, except as otherwise provided below; provided, further however, that if on or before January 8, 2001, MC Partners revokes its remaining Commitment to fund the purchase
of Series D Preferred Stock (a “Commitment Revocation”), then, except as otherwise provided below, the foregoing right of MC Partners to nominate an individual as a director of the Board pursuant to this subsection (c) shall
terminate, cease and be of no further force and effect and the individual then serving as a director of the Board nominated by MC Partners shall immediately resign such director’s position on the Board as of the close of business on January 8,
2001. If MC Partners right to nominate a director is terminated pursuant to the previous sentence, then MC Partners shall have the right to designate an individual (including the resigning individual) as a Board Observer pursuant to subsection (d)
below. In the case of either a Commitment or Funding Failure or a Commitment Revocation pursuant to the second preceding sentence, the remaining Outside Director shall reassign the foregoing right and to substitute and name of the largest Series D
Preferred Stockholder to nominate an individual as a director of the Board pursuant to this subsection (c). In the event that, as a result of the foregoing provisions, there are no remaining Outside Directors, then the Stockholder who has the single
largest equity interest in the Company, which is attributable to the ownership of the Series D Preferred Stock purchased pursuant to the Securities Purchase Agreement, shall be entitled to nominate an individual as a Class C Common Stock Director of
the Board pursuant to this subsection (c). Notwithstanding any provision to the contrary herein, the right of each Stockholder, on an individual basis, which initially includes Accel and MC Partners, to designate for nomination one director as an
Outside Director, respectively, pursuant to this subsection (c) shall continue hereunder only so long as such Stockholder (together with its Affiliates or subsidiaries) owns Series D Preferred Stock and Class C Common Stock that is equal to at least
(i) 4% of the fully diluted equity of the Company or (ii) 50% of the total Series D Preferred Stock (or the Class C Common Stock issuable upon conversion thereof) purchased by such Person pursuant to the Securities Purchase Agreement. 
  
 (d) Visitation Rights. Any Stockholder that is
granted a Board visitation right pursuant to the preceding subsection (c), and Whitney Acquisition II, Corp., Battery Ventures, First Plaza Group, Clarity Partners, L.P., Technology Ventures and Primus Venture Partners, Inc., in each case (including
any of their respective Affiliates), shall be entitled to designate one individual to serve as an observer of all Board meetings and proceedings (each, a “Board Observer”) and upon the appointment of such individual as a Board
Observer by either a resolution of the Board or Stockholders, such individual shall be entitled to attend all meetings of the Board and receive all materials distributed to the Board. If the Board fails to timely adopt a resolution that appoints
each of the individuals so entitled to serve as a Board Observer, then the Class C Stockholders agree to vote all of their shares of Class C Common Stock and to take all other actions necessary to cause the appointment of each such individual as a
Board Observer. Notwithstanding any provision to the contrary herein, the foregoing right to designate an individual as a Board 

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 4 

 
Observer pursuant to this subsection (d) shall continue hereunder only so long as such Stockholder (together with its Affiliates or subsidiaries) owns Series
D Preferred Stock and Class C Common Stock that is equal to at least fifty percent (50%) of the total Series D Preferred Stock (or the Class C Common Stock issuable upon conversion thereof) purchased by such Person pursuant to the Securities
Purchase Agreement. The Board of Directors shall have the right, in its discretion, to grant Board visitation rights to other Persons.” 
  
 Section C. Supermajority Voting Rights. Section 3.1 of the Stockholders Agreement is amended (A) by deleting the clause at the end of the
last parenthetical contained therein after the phrase “fair market value”, that reads, “as determined by the Board, including at least a majority of the Outside Directors.” and (B) by inserting at the end of the last
parenthetical contained therein after the phrase “fair market value”, the clause, “as determined by the Board, including each of the Outside Directors.” 
  
 Section D. Amendment to Section 4.1. Section 4.1 of the Prior Stockholders Agreement is amended to add the
following paragraph at the end thereof: 
  
 “Notwithstanding Section 4.4, prior to the second anniversary of the date on which Amendment One to Sixth Amended and Restated Certificate of Incorporation of the Company is filed in the State of Delaware, the Series D Preferred Stock
liquidation preference provisions set forth in Section 6 of the Certificate of Designations shall apply to any Preferred Co-Sale Event (as defined in the Certificate of Designations); provided that a transfer the voting stock involving a Preferred
Co-Sale Event shall be subject to Section 4.3. Upon any Preferred Co-Sale Event, each Selling Stockholder (as defined in the Certificate of Designations) shall comply with the applicable provisions of Section 6 of the Certificate of
Designations.” 
  
 Section E. Amendment to Section
5.1. Section 5.1 of the Prior Stockholders Agreement is amended to add the following proviso clause at the end of the second sentence in the first paragraph of Section 5.1 as follows: “; provided, however, that the foregoing preemptive
rights shall not apply to any offer, sale or issuance of Series D Preferred Stock pursuant to the Securities Purchase Agreement” 
  
 Section F. Amendments to Defined Terms in Annex A. 
  

1. Annex A to the Prior Stockholders Agreement is amended to add the following definition thereto: 
  
 “Certificate of Designations” means the
Amended and Restated Certificate of Designations, Preferences and Rights for Series D Convertible Preferred Stock of MetroPCS, Inc., as amended by Amendment One to the Company’s Sixth Amended and Restated Certificate of Incorporation.

  
 2. The definition of “Qualified Public
Offering” set forth in Annex A to the Prior Stockholders Agreement is amended and restated in its entirety to read as follows: 
  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 5 

 “Qualified Public Offering” or “Qualifying Public
Offering” means an Initial Public Equity Offering which results in gross proceeds to the Company of at least $100 million in the aggregate, and which yields an adjusted equity valuation of two times the liquidation value of the Series D
Preferred Stock. 
  
 3. The definition of
“Securities Purchase Agreement” set forth in Annex A to the Prior Stockholders Agreement is amended and restated in its entirety to read as follows: 
  

“Securities Purchase Agreement” means the Securities Purchase Agreement, dated as of July 17, 2000, as amended by
Amendment No. 1 thereto dated as of November 13, 2000, as further amended by Amendment No. 2 thereto dated as of December 12, 2000, as further amended by Amendment No. 3 thereto dated as of December 19, 2000, and as further amended by Amendment No.
4 thereto dated as of January 4, 2001, by and among the Company, the Company’s Subsidiaries listed on Schedule 2 thereto and each of the Purchasers listed on Schedule 1 thereto, as the same may be further amended or supplemented from time to
time. The Securities Purchase Agreement provides, among other matters, for the issuance and sale of the Series D Preferred Stock. 
  
 4. The definition of “Stockholders Agreement” set forth in Annex A to the Prior Stockholders Agreement is amended and restated
in its entirety to read as follows: 
  
 “Stockholders Agreement” means the Amended and Restated Stockholders Agreement dated as of July 17, 2000, as amended by Amendment No. 1 thereto dated as of November 13, 2000, and as further as amended by Amendment No. 2
thereto dated as of January 4, 2001, by and among the Company, the Class A Stockholders (consisting of Roger D. Linquist and C. Boyden Gray), the Class B Stockholders listed on Schedule 1 thereto, the Class C Stockholders listed on Schedule 2
thereto, the Series C Preferred Stockholders listed on Schedule 3 thereto, and the Series D Preferred Stockholders listed on Schedule 4 thereto, as the same may be further amended or supplemented from time to time. 
  
 ARTICLE II 
 MISCELLANEOUS 
  
 Section A. Ratification & Conflicts. The Prior Stockholders Agreement as amended by this Amendment No. 2 is ratified and confirmed, and shall remain in full force and effect. In the event of any conflict between the terms
of the Prior Stockholders Agreement and this Amendment No. 2, the terms and provisions of this Amendment No. 2 shall govern and control. 
  
 Section B. Effectiveness. Subject to Section 7.1 of the Stockholders Agreement, this Amendment No. 2 shall be effective as of the date first
set forth above. 
  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 6 

 Section C. Counterparts. This Amendment No. 2 may be executed in any number of
counterparts, each of which shall be an original but all of which together shall constitute one instrument. Each counterpart may consist of a number of copies hereof, each signed by less than all, but together signed by all, of the parties hereto.

  
 [SIGNATURE PAGES FOLLOW] 
  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Page 7 

 IN WITNESS WHEREOF, the parties have executed this AMENDMENT NO. 2 TO AMENDED AND RESTATED STOCKHOLDERS
AGREEMENT as of the date first above written. 
  
  

	 COMPANY:

	
	 MetroPCS, Inc.

		
	 By:
	 	 /s/ Roger D. Linquist

	 	 	 Name:
	 	 Roger D. Linquist

	 	 	 Title:
	 	 Chief Executive Officer

	
	 STOCKHOLDERS:

  

	
	 ROGER D. LINQUIST

		
	 By:
	 	 /s/ Roger D. Linquist

	 	

  

	
	 ACCEL IV L.P.

		
	 By:
	 	 Accel IV Associates L.P., its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 General Partner

  

	
	 ACCEL KEIRETSU L.P.

		
	 By:
	 	 Accel Partners & Co., Inc., its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Chief Financial Officer
  

  

	
	 ACCEL INVESTORS ‘94 L.P.

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 General Partner

  

	
	 ELLMORE C. PATTERSON PARTNERS

		
	 By:
	 	 /s/ Arthur C. Patterson

	 	

	 Title:
	 	 General Partner

  

	
	 PROSPER PARTNERS

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Attorney-in-Fact

  

	
	 ACCEL VII L.P.

		
	 By:
	 	 Accel VII Associates L.L.C., its general
 partner

		
	 By:
	 	/s/ G. Carter Sednaoui
	 	

	 Title:
	 	 Managing Member

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 ACCEL INTERNET FUND III L.P.

		
	 By:
	 	 Accel Internet Fund III Associates LLC,
 its general partner

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 Managing Member

  

	
	 ACCEL INVESTORS ‘99 L.P.

		
	 By:
	 	 /s/ G. Carter Sednaoui

	 	

	 Title:
	 	 General Partner

  

	
	 ACP FAMILY PARTNERSHIP L.P.

		
	 By:
	 	 /s/ Arthur C. Patterson

	 	

	 Title:
	 	 General Partner

  

	
	 AUCHINCLOSS WADSWORTH & CO., LP

		
	 By:
	 	 /s/ Elliot Wadsworth II

	 	

	 Title:
	 	 General Partner

  

	
	 BP AMOCO CORPORATION MASTER
 TRUST FOR EMPLOYEE PENSION PLANS

		
	 By:
	 	 Chase Manhattan Bank, Trustee

		
	 By:
	 	 /s/ Lisa C. Miller

	 	

	 Title:
	 	 Assistant Vice President

  

	
	 BATTERY VENTURES III, L.P.

		
	 By:
	 	 /s/ R. G. Barrett

	 	

  

	
	 RALPH BARUCH REVOCABLE TRUST

		
	 By:
	 	 /s/ Ralph M. Baruch

	 	

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 BERKELEY INVESTMENTS LTD.

		
	 By:
	 	 /s/ Kishore Mirehandahi

	 	

	 Title:
	 	 Director

  

	
	 DENNIS A. BOVIN

		
	 By:
	 	 /s/ Dennis A. Bovin

	 	

  

	
	 ANNE HYDE PATTERSON TRUST U/A 1/31/23

		
	 By:
	 	 Brandywine Trust Co., Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 ANNE HYDE PATTERSON TRUST U/W
 A.O. CHOATE / P.C.

		
	 By:
	 	 Brandywine Trust Co., Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 CAROLINE CHOATE DE CHAZAL TRUST
 U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 DAVID C. PATTERSON TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 JANE CHOATE BECK TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 BRANDYTRUST PRIVATE EQUITY
 PARTNERS, LP

		
	 By:
	 	 Brandywine Managers, LLC, General Partner

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 Secretary & Treasurer

  

	
	 MICHAEL E. PATTERSON TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Co., Trustee

		
	 By:
	 	/s/ Richard E. Carlson
	 	

	 Title:
	 	 President

  

	
	 ROBERT E. PATTERSON TRUST U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 THOMAS H.C. PATTERSON TRUST
 U/A 2/10/56

		
	 By:
	 	 Brandywine Trust Company, Trustee

		
	 By:
	 	 /s/ Richard E. Carlson

	 	

	 Title:
	 	 President

  

	
	 CCP/METROPCS LLC

		
	 By:
	 	 /s/ Michael R. Hannon

	 	

	 Title:
	 	 Partner

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 CLARITY PARTNERS

		
	 By:
	 	 /s/ Barry Porter

	 	

	 Title:
	 	 Managing General Partner

  

	
	 ASHTON DE PEYSTER

		
	 By:
	 	 /s/ Ashton de Peyster

	 	

  

	
	 FIRST PLAZA GROUP TRUST

		
	 By:
	 	 The Chase Manhattan Bank, Trustee

		
	 By:
	 	 /s/ John F. Weeda

	 	

	 Title:
	 	 Vice President

  

	
	 RAKESH GUPTA

		
	 By:
	 	 /s/ Rakesh Gupta

	 	

  

	
	 GEORGE A. HAMBRECHT

		
	 By:
	 	 /s/ George A. Hambrecht

	 	

  

	
	 PATRICIA G. HAMBRECHT

		
	 By:
	 	 /s/ Patricia G. Hambrecht

	 	

  

	
	 THE HAMILTON COMPANIES LLC

		
	 By:
	 	 /s/ Frederic C. Hamilton

	 	

	 Title:
	 	 President & Manager

  

	
	 ROBERT L. HARTEVELDT

		
	 By:
	 	 /s/ Robert L. Harteveldt

	 	

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 SHIRLEY WONG SHUN YEE

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 LECKWITH PROPERTY LTD.

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 CHEER IDYLL PROPERTY LTD.

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 MICHAEL WALL

		
	 By:
	 	 Invesco Private Capital, Inc.,
 his investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director
  

  

	
	 KME VENTURE III, LP

		
	 By:
	 	 Invesco Private Capital, Inc.,
 its investment manager

		
	 By:
	 	 /s/ Parag Saxena

	 	

	 Title:
	 	 Managing Director

  

	
	 MITCHELL KAPOR

		
	 By:
	 	 /s/ Mitchell Kapor

	 	

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 COREY A. LINQUIST

		
	 By:
	 	 /s/ Corey A. Linquist

	 	

  

	
	 JOHN R. LISTER

		
	 By:
	 	 /s/ John R. Lister

	 	

  

	
	 MALCOLM M. LORANG

		
	 By:
	 	 /s/ Malcolm M. Lorang

	 	

  

	
	 LOS ANGELES COUNTY EMPLOYEES
 RETIREMENT ASSOCIATION

		
	 By:
	 	 /s/ Kenneth L. Shaffer

	 	

	 Title:
	 	 Chief Investment Officer

  

	
	 ALBERT S. LOVERDE

		
	 By:
	 	 /s/ Albert S. Loverde

	 	

  

	
	 SHARON P. LOVERDE

		
	 By:
	 	 /s/ Sharon P. Loverde

	 	

  

	
	 M/C VENTURE PARTNERS V, L.P.

		
	 By:
	 	 M/C VP V, LLC, its General Partner

		
	 By:
	 	 /s/ James F. Wade 

	 	

	 Title:
	 	 Manager

  

	
	 M/C VENTURE INVESTORS, LLC

		
	 By:
	 	 /s/ James F. Wade 

	 	

	 Title:
	 	 Manager

  

	
	 CHESTNUT STREET PARTNERS, INC.

		
	 By:
	 	 /s/ James F. Wade 

	 	

	 Title:
	 	 Vice President

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 JOSEPH T. MCCULLEN, JR.

		
	 By:
	 	 /s/ Joseph T. McCullen, Jr.

	 	

  

	
	 RALPH MACK

		
	 By:
	 	 /s/ Ralph Mack

	 	

  

	
	 MARK C. MASUR

		
	 By:
	 	 /s/ Mark C. Masur

	 	

  

	
	 METROPCS INVESTORS LLC

		
	 By:
	 	 /s/ Robert B. Webster

	 	

	 Title:
	 	 Managing Director

  

	
	 ONE LIBERTY FUND III L.P.

		
	 By:
	 	 One Liberty Partners III, LP,
 its general partner

		
	 By:
	 	 /s/ Edwin M. Kania, Jr.

	 	

	 Title:
	 	 General Partner

  

	
	 PARAGON VENTURE PARTNERS II, L.P.

		
	 By:
	 	 Paragon Venture Management Company II, L.P.,
 its general partner

		
	 By:
	 	 /s/ John S. Lewis

	 	

	 Title:
	 	 General Partner

  

	
	 GORDON B. PATTEE

		
	 By:
	 	/s/ Gordon B. Pattee
	 	

  

	
	 ELLEN M. POSS

		
	 By:
	 	 /s/ Ellen M. Poss

	 	

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	PRIMUS CAPITAL FUND III LIMITED PARTNERSHIP
		
	 By:
	 	 Primus Venture Partners III Limited
 Partnership, its General Partner

		
	 By:
	 	 Primus Venture Partners, Inc.,
 its general partner

		
	 By:
	 	 /s/ Steven Rothman

	 	

	 Title:
	 	 Secretary

  

	
	PRIMUS CAPITAL FUND V LIMITED PARTNERSHIP
		
	 By:
	 	 Primus Venture Partners V L.L.C.,
 its general partner

		
	 By:
	 	 /s/ Jeffrey J. Milius

	 	

	 Title:
	 	 Principal

  

	
	 PRIMUS EXECUTIVE FUND V LIMITED
 PARTNERSHIP

		
	 By:
	 	 Primus Venture Partners V L.L.C.,
 its general partner

		
	 By:
	 	 /s/ Jeffrey J. Milius

	 	

	 Title:
	 	 Principal

  
  

	
	 SANI HOLDING LTD. (BAHAMAS)

		
	 By:
	 	 /s/ Ishwar C. Sani

	 	

	 Title:
	 	 President/Director

  

	
	 STEVEN L. SCARI

		
	 By:
	 	 /s/ Steven L. Scari

	 	

  

	
	 DAVID SCHOENTHAL

		
	 By:
	 	 /s/ David Schoenthal

	 	

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

	
	 JOHN SCULLEY

		
	 By:
	 	 /s/ John Sculley

	 	

  

	
	 SCULLEY PARTNERS

		
	 By:
	 	 /s/ John Sculley

	 	

	 Title:
	 	 Partner

  

	
	 DOUGLAS SHARON

		
	 By:
	 	 /s/ Douglas Sharon

	 	

  

	
	 SONOMA WEST HOLDINGS, INC.

		
	 By:
	 	 /s/ Gary L. Hess

	 	

	 Title:
	 	 President and Chief Executive Officer

  

	
	 TECHNOLOGY VENTURE ASSOCIATES III

		
	 By:
	 	 /s/ Craig R. Stapleton

	 	

	 Title:
	 	 General Partner

  

	
	 SALVATORE A. TIANO

		
	 By:
	 	 /s/ Salvatore A. Tiano

	 	

  

	
	 TRAILHEAD VENTURES, L.P.

		
	 By:
	 	 /s/ Mark C. Masur

	 	

	 Title:
	 	General Partner

  

	
	 J. H. WHITNEY, IV L.P.

		
	 By:
	 	 J. H. Whitney Equity Partners IV, LLC.
 its general partner

		
	 By:
	 	 /s/ Daniel J. O’Brien

	 	

	 Title:
	 	 Managing Member

  

	
	 WINSTON-THAYER PARTNERS

		
	 By:
	 	 /s/ A. Scott Andrews

	 	

	 Title:
	 	 General Partner

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

 EXHIBIT A 
  
 Form of Joinder Agreement 
 for
Prospective Stockholder (New Purchasers) 
  
 The undersigned
hereby agrees, effective as of the date hereof, to become a party to that certain Stockholders Agreement, consisting of the Amended and Restated Stockholders Agreement dated as of July 17, 2000, as amended by Amendment No. 1 thereto dated as of
November 13, 2000, and as further as amended by Amendment No. 2 thereto dated as of January 4, 2001, by and among the Company, the Class A Stockholders (consisting of Roger D. Linquist and C. Boyden Gray), the Class B Stockholders listed on Schedule
1 thereto, the Class C Stockholders listed on Schedule 2 thereto, the Series C Preferred Stockholders listed on Schedule 3 thereto, and the Series D Preferred Stockholders listed on Schedule 4 thereto. The mailing and email addresses and fax number
to which notices may be sent to the undersigned is set forth below. 
  

	
	 PROSPECTIVE STOCKHOLDER:

	
	Print Name of Prospective Stockholder:
	
	 PARAGON VENTURE PARTNERS II, L.P.

		
	 BY:
	 	 /s/ John S. Lewis

	 	 	 Name:
	 	 JOHN S. LEWIS

	 	 	 Title:
	 	 GENERAL PARTNER

  

		
	 Mailing Address:
	 	 300 Sand Hill Road

	 	 	 Building 1, Suite 275

	 	 	 Menlo Park, CA 94025

	 Email Address:
 (if available)
	 	 jslewis@lewiscapital.com

		
	 Fax Number:
 (if available)
	 	 650-854-7260 

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

 EXHIBIT A 
  
 Form of Joinder Agreement 
 for
Prospective Stockholder (New Purchasers) 
  
 The undersigned
hereby agrees, effective as of the date hereof, to become a party to that certain Stockholders Agreement, consisting of the Amended and Restated Stockholders Agreement dated as of July 17, 2000, as amended by Amendment No. 1 thereto dated as of
November 13, 2000, and as further as amended by Amendment No. 2 thereto dated as of January 4, 2001, by and among the Company, the Class A Stockholders (consisting of Roger D. Linquist and C. Boyden Gray), the Class B Stockholders listed on Schedule
1 thereto, the Class C Stockholders listed on Schedule 2 thereto, the Series C Preferred Stockholders listed on Schedule 3 thereto, and the Series D Preferred Stockholders listed on Schedule 4 thereto. The mailing and email addresses and fax number
to which notices may be sent to the undersigned is set forth below. 
  

	
	 PURCHASERS:

	
	 Primus Capital Fund III Limited Partnership

	     By:
	 	 Primus Venture Partners III Limited
 Partnership, its General Partner

	 	 	     By:
	 	 Primus Venture Partners, Inc., its
 General Partner

  
  

		
	 BY:
	 	 /s/ Steven Rothman

	 	 	 Name:
	 	 STEVEN ROTHMAN

	 	 	 Title:
	 	 Secretary and Treasurer

  
 Date: 01-08-01                                    

  

	 Mailing Address:
	 	  

	 	 	  

	 	 	  

	 Email Address: 
 (if available)
	 	  

		
	 Fax Number: 
 (if available)
	 	  

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature Page 

 EXHIBIT A 
  
 Form of Joinder Agreement 
 for
Prospective Stockholder (New Purchasers) 
  
 The undersigned
hereby agrees, effective as of the date hereof, to become a party to that certain Stockholders Agreement, consisting of the Amended and Restated Stockholders Agreement dated as of July 17, 2000, as amended by Amendment No. 1 thereto dated as of
November 13, 2000, and as further as amended by Amendment No. 2 thereto dated as of January 4, 2001, by and among the Company, the Class A Stockholders (consisting of Roger D. Linquist and C. Boyden Gray), the Class B Stockholders listed on Schedule
1 thereto, the Class C Stockholders listed on Schedule 2 thereto, the Series C Preferred Stockholders listed on Schedule 3 thereto, and the Series D Preferred Stockholders listed on Schedule 4 thereto. The mailing and email addresses and fax number
to which notices may be sent to the undersigned is set forth below. 
  

	 PRIMUS CAPITAL FUND V LIMITED
 PARTNERSHIP

	
	 By: Primus Venture Partners V L.L.C., its
 General Partner

		
	 BY:
	 	 /s/ Jeffrey J. Milius

	 	 	 Name:
	 	 JEFFREY J. MILIUS

	 	 	 Title:
	 	 Principal

  

	 PRIMUS EXECUTIVE FUND V LIMITED
 PARTNERSHIP

	
	 By: Primus Venture Partners V L.L.C., its
 General Partner

		
	 BY:
	 	 /s/ Jeffrey J. Milius

	 	 	 Name:
	 	 JEFFREY J. MILIUS

	 	 	 Title:
	 	 Principal

  

	 Mailing Address:
	 	 5900 Landerbrook Drive,

	 	 	 Suite 200

	 	 	 Cleveland, Ohio 44120

	 Email Address: 
 (if available)
	 	 jmilius@primusventures.com

		
	 Fax Number: 
 (if available)
	 	 440-684-7342 

  

 AMENDMENT NO. 2 TO AMENDED AND 
 RESTATED STOCKHOLDERS AGREEMENT – Signature PageForm of Installment Payment Plan Note, dated as of January 27, 1997

 EXHIBIT 10.5(a) 
  
 Installment Payment Plan Note 
 (Broadband Personal Communications Service, C Block: Auction Event No. 5) 
  
 US $                         

	Washington, D.C.	  	 January 27, 1997

  
 License
No.:                         
  
 FOR VALUE RECEIVED, the undersigned,
                        , a Delaware Corporation (“Maker”), promises to pay to the order of the FEDERAL
COMMUNICATIONS COMMISSION, an independent regulatory agency of the United States (“Payee” or “Commission”), the principal sum of
$                         DOLLARS (“Principal Amount”), together with accrued interest, computed
at the annual rate of six and one half (6.5 %) per annum, (“Annual Rate”) on the unpaid Principal Amount hereof, from the date of this Note until the date the entire Principal Amount has been paid in full. 
  
 Interest and principal shall be payable as set forth below and in accordance
with Schedule A attached hereto and made a part hereof: 
  
 Interest only, at the Annual Rate from the license grant date until the last day of the month ninety (90) days hence, shall be due and payable on April 30, 1997 in the amount of
$                        . Commencing April 30, 1997, Maker shall pay interest only at the Annual Rate, in equal
consecutive quarterly installments of $                        , due on the last day of the month and every ninety
(90) days thereafter from April 30, 1997 through January 31, 2003 . 
  
 Commencing April 30, 2003, Maker shall pay principal and interest in equal quarterly installments of
$                        , due on the last day of each month ninety (90) days hence through and including October
31, 2006. 
  
 The entire unpaid Principal Amount, together with
accrued and unpaid interest thereon, and all remaining obligations of Maker hereunder, shall be due and payable on January 31, 2007 (“Maturity Date”). 
  
 All interest shall be computed on the basis of a 360-day year for actual days elapsed. 
  
 All payments to be made hereunder, of principal, interest, costs, expenses,
or other sums due hereunder, shall be made to the holder of this Note in lawful money of the United States of America which at the time of payment shall be legal tender for the payment of public and private debts, free and clear and without
reduction by reason of any present or future income, stamp or other taxes, levies, imposts, deductions, charges, compulsory loans or withholdings whatsoever, including interest thereon or penalties with respect thereto, if any imposed, assessed,
levied or collected by any political subdivision or taxing authority thereof or therein, on or in respect of this Note or the obligations it evidences. All payments shall be made during normal business hours at the Commission’s designated
lockbox location as set forth from time to time in the Commission’s then-applicable orders and regulations and/or public notices. 
  

 This Note is secured by, and entitled to the benefits of, a Security Agreement (the “Security
Agreement”) of even date between Maker and Payee. All the terms, covenants, conditions and agreements contained in the Security Agreement are hereby incorporated herein and made part of this Note to the same extent and effect as if fully
set forth herein. It is expressly understood by Maker that all of the terms of the Security Agreement apply to this Note and that reference in the Security Agreement to “this Agreement” includes both the Security Agreement and this
Note. 
  
 IT IS HEREBY EXPRESSLY AGREED THAT TIME IS OF THE
ESSENCE FOR THE PERFORMANCE OF ALL TERMS AND CONDITIONS UNDER THIS NOTE AND THE SECURITY AGREEMENT. 
  
 A default under this Note (“Event of Default”) shall occur upon any or all of the following: 
  
 a. non-payment by Maker of any Principal or Interest on the due date as
specified hereinabove if the Maker remains delinquent for more than 90 days and 
  

	 	(1)	Maker has not submitted a request, in writing, for a grace period or extension of payments, if any such grace period or extension of payments is provided for in the then-applicable
orders and regulations of the Commission; or 

  

	 	(2)	Maker has submitted a request, in writing, for a grace period or extension of payments, if any such grace period or extension of payments is provided for in the then-applicable
orders and regulations of the Commission, and following the expiration of the grant of such grace period or extension or upon denial of such a request for a grace period or extension, Maker has not resumed payments of Interest and Principal in
accordance with the terms of this Note; 

  
 or; 
  
 b. failure by Maker to comply with any other condition for holding the above
referenced license (as defined in the Security Agreement) as set forth in the license or in the Communications Act of 1934, as amended, or the then-applicable orders and regulations of the Commission; or 
  
 c. violation by Maker of any other covenant or term of this Note or the
Security Agreement. 
  
 Upon any Event of Default under this Note, Payee may
assess a late fee and/or administrative charge, plus the costs of collection, litigation, attorneys’ fees, and default payment as specified in the then-applicable orders and regulations of the Commission, as amended, and Maker acknowledges that
it is liable and herein expressly promises to pay on demand such additional costs, expenses, late charges, administrative charges, attorneys fees, and default payment. Upon 

  

 Page 2 

 
a default under this Note, the unpaid Principal Amount, plus all unpaid interest accrued thereon, together with any late fee and/or administrative charge,
plus the costs of collection, litigation, attorneys’ fees, and default payment as specified in the then-applicable orders and regulations of the Commission, as amended, shall become immediately due and payable. The Maker hereby acknowledges
that the Commission has issued Maker the above referenced license pursuant to the Communications Act of 1934, as amended, that is conditioned upon full and timely payment of financial obligations under the Commission’s installment payment plan,
as set forth in the then-applicable orders and regulations of the Commission, as amended, and that the sanctions and enforcement authority of the Commission shall remain applicable in the event of a failure to comply with the terms and conditions of
the license, regardless of the enforceability of this Note or the Security Agreement. 
  
 No delay or omission on the part of Payee in exercising any right under this Note, the Security Agreement, or any other instrument securing this Note, shall operate as a waiver of such right or of any other right of
Payee, nor shall any waiver by Payee of any such right or rights on any one occasion be deemed a bar to or waiver of the same right or rights on any future occasion. 
  
 The Maker is liable for all costs of collection or enforcement of the Payee’s rights under this Note or under the
Security Agreement or under any other instrument now or hereafter executed by Maker in favor of Payee which in any manner evidences or constitutes additional security for this Note, including reasonable attorneys’ fees, whether suit is brought
or not, and all such costs shall be paid by the Maker on demand, and whether or not such collection or enforcement occurs in any bankruptcy, reorganization, receivership or other proceedings involving creditors’ rights or involving a claim
under this Note or any of the other loan documents. 
  
 Maker, all
endorsers and guarantors hereof and any other party who may become liable for all or any part of the obligation evidenced hereby, waive presentment for payment, notice or dishonor, protest and notice of protest, notice of nonpayment and any and all
lack of diligence or delays in collection or enforcement of this Note. 
  
 Maker may prepay all or any part of the Principal Amount without premium or penalty upon ten (10) days’ prior written notice to Payee, given in the manner provided in the Security Agreement. 
  
 Partial prepayments shall not postpone or reduce regular payments to be made
hereunder. All such prepayments shall be applicable first to the payment of late charges, if any, costs and expenses, and administrative penalties due hereunder, then to accrued and unpaid interest, then to that portion of the unpaid Principal
Amount due on the Maturity Date and then, if applicable, to any unpaid installments of principal in the inverse order of installment maturities. The Payee may require that any partial prepayments be made on the dates installments of principal and
interest are due hereunder. 
  
 Anything to the contrary
notwithstanding, Payee shall not charge, take or receive, and Maker shall not be obligated to pay to Payee, any amounts constituting interest on the Principal Amount in excess of the maximum rate permitted by applicable law. If by reason of the
acceleration of the unpaid Principal Amount or otherwise, interest in excess of the highest legal 

  

 Page 3 

 
contract rate permitted by applicable law shall at any time be paid, any such excess shall constitute and be treated as a payment of outstanding principal
hereunder and shall operate to reduce such outstanding Principal Amount. 
  
 ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS NOTE, THE SECURITY AGREEMENT, OR OTHER DOCUMENTS EVIDENCING OR SECURING THE DEBT TRANSACTION EVIDENCED HEREBY MAY ONLY BE BROUGHT IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA, AND, BY EXECUTION AND DELIVERY OF THIS NOTE AND SECURITY AGREEMENT, THE MAKER HEREBY ACCEPTS FOR ITSELF AND IN RESPECT OF ITS PROPERTY GENERALLY AND UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURT. THE PARTIES
HERETO HEREBY IRREVOCABLY WAIVE ANY OBJECTION, INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH ANY OF THEM MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH
ACTION OR PROCEEDING IN THE DISTRICT OF COLUMBIA. 
  
 THE
MAKER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OF THE AFOREMENTIONED COURT IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF A COPY THEREOF BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED, POSTAGE PREPAID, TO THE MAKER AT ITS ADDRESS PROVIDED
HEREIN. SUCH SERVICE SHALL BE DEEMED TO HAVE OCCURRED ON THE THIRD DAY AFTER SUCH MAILING. NOTHING CONTAINED HEREIN SHALL AFFECT THE RIGHT OF PAYEE TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR COMMENCE LEGAL PROCEEDINGS OR OTHERWISE
PROCEED AGAINST THE MAKER IN ANY OTHER JURISDICTION. 
  
 EACH OF THE PARTIES HERETO HEREBY KNOWINGLY, WILLINGLY, VOLUNTARILY, UNCONDITIONALLY, IRREVOCABLY AND INTENTIONALLY FOREVER WAIVES ANY RIGHT IT MAY HAVE TO TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON, OR ARISING OUT OF, UNDER OR
IN CONNECTION WITH THIS NOTE, THE SECURITY AGREEMENT, OR OTHER DOCUMENTS EVIDENCING OR SECURING THE DEBT TRANSACTION EVIDENCED HEREBY, ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (VERBAL OR WRITTEN) OR ACTION OF ANY PERSON OR ANY EXERCISE
BY ANY PARTY OF THEIR RESPECTIVE RIGHTS UNDER THIS TRANSACTION, DOCUMENT OR ANY RELATED DOCUMENT OR IN ANY WAY RELATING TO THE COLLATERAL (INCLUDING, WITHOUT LIMITATION, ANY ACTION TO RESCIND OR CANCEL THIS TRANSACTION OR ANY CLAIMS OR DEFENSES
ASSERTING THAT THIS TRANSACTION, IN WHOLE OR IN PART, WAS FRAUDULENTLY INDUCED OR IS OTHERWISE VOID OR VOIDABLE). MAKER REPRESENTS THAT NO ORAL OR WRITTEN STATEMENTS HAVE BEEN MADE BY ANY PARTY TO INCLUDE THIS SUBMISSION OR JURISDICTION AND WAIVER
OF TRAIL BY JURY OR IN ANY WAY TO MODIFY OR NULLIFY ITS STATED EFFECT. MAKER FURTHER REPRESENTS THAT IT HAS BEEN REPRESENTED BY INDEPENDENT COUNSEL, SELECTED BY ITS OWN FREE 

  

 Page 4 

 
WILL, IN SIGNING THIS NOTE AND IN THE MAKING OF THIS WAIVER AND THAT IT HAS HAD THE OPPORTUNITY TO DISCUSS THIS WAIVER WITH SUCH COUNSEL. THIS PROVISION
IS A MATERIAL INDUCEMENT FOR PAYEE TO ENTER INTO THIS TRANSACTION AND THE VARIOUS DOCUMENTS RELATED THERETO. 
  
 Maker acknowledges that this Note and Security Agreement (any attachments affixed thereto by the Commission with the permission and knowledge of the
Maker/Debtor), along with the then-current applicable Commission orders and regulations and the Communications Act of 1934, as amended, set forth the entire agreement, written and oral, of the parties, and all inconsistent prior statements,
understandings, notices, representations and agreements between the parties, oral or written, are superseded by and merged in this Note, the Security Agreement or other documents evidencing or securing the debt transaction evidenced hereby. Except
as otherwise expressly provided herein, all of Payee’s representations, warranties, covenants and agreements in this Note and Security Agreement shall merge in the documents and agreements executed by the Maker and shall not survive said
execution. 
  
 If any provision or part of this Note and/or the
Security Agreement shall for any reason be held or deemed to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Note and this Note shall be construed as
if such invalid, illegal or unenforceable provision had never been contained herein and the remaining provisions of this Note shall remain in full force and effect. The enforceability of the Note and/or the Security Agreement do not alter the rights
and obligations of the Maker and Payee under the Communications Act of 1934, as amended, or under the then-applicable orders and regulations of the Commission, as amended. 
  
 Any notice demand or request hereunder shall be given in the manner set forth in the Security Agreement. 
  
 This Note shall be governed by and construed in accordance with the
Communications Act of 1934, as amended, the then-applicable orders and regulations of the Commission, and federal law. Nothing in this Note shall be deemed to modify any then-applicable orders and regulations of the Commission, and nothing in this
Note shall be deemed to release the Maker from compliance therewith. This Note may not be changed, modified, waived, terminated or discharged orally, but only by an agreement in writing executed by the party against whom enforcement of any such
change, modification, waiver, termination, or discharge is sought. 
  
 Maker represents and warrants that any statements made by or on behalf of Maker in connection with this Note: (i) are true and accurate in all material respects; and (ii) do not omit any material facts or information that would make such
statement misleading in the context of Payee’s evaluation of the note, and acknowledges and agrees that Payee is entitled to and his relied on such statements in agreeing to the Note. 
  
 Payee shall have the right at any time to assign, endorse, pledge, convey or
otherwise transfer this Note and all of the other loan documents to any party. From and after the date of such assignment, endorsement, pledge, conveyance or other transfer, such transferee shall be entitled to exercise any and all rights and
remedies of Payee hereunder. Maker shall not assign, 

  

 Page 5 

 
convey or otherwise transfer its rights and obligations hereunder without the prior written consent of the Commission. 
  

			
	 Date: March 10, 1997
	 	 	 	

	 	 	 	 	 [NAME OF MAKER]

				
	 	 	 	 	By:	 	

					
	 	 	 	 	 	 	 Its: 
	 	

  

 Page 6 

	License No.:                         	 	 C Block – Resume Payments

  
 FIRST AMENDED AND
MODIFIED 
 INSTALLMENT PAYMENT PLAN NOTE 
 FOR BROADBAND PCS C BLOCK 
  
 THIS FIRST AMENDED AND MODIFIED INSTALLMENT PAYMENT PLAN NOTE (“First Modification”) is executed on the 8th day of October, 1998, and is intended to be effective for all purposes as of the 31st day of July, 1998 (“Effective Date”), by and between: (i)
            , a Delaware Corporation (“Maker”); and (ii) FEDERAL COMMUNICATIONS COMMISSION, an independent regulatory agency of the United States
(“Payee” or “Commission”). 
  
 W I T N E S S E T H 
  
 RECITALS: 
  
 R-1.
Reference is made to that certain Installment Payment Plan Note made by Maker, payable to the order of the Commission, in the original principal amount of $             (the
“Original Note”). The Original Note is secured by, among other things: (i) that certain Security Agreement by and between the Maker and the Commission (the “Security Agreement”); and (ii) those certain Financing
Statements related thereto (collectively, the “Financing Statements”). The Original Note, Security Agreement, Financing Statements and all other documents evidencing, governing or securing the Original Note, together with any and
all amendments, modifications or supplements thereto, are hereinafter collectively referred to as the “Loan Documents”. All of the terms, conditions and provisions of the Loan Documents are hereby incorporated herein and made a part
hereof in their entireties by this reference. 
  
 R-2. The
Security Agreement and Financing Statements created a first lien security interest in the “License” and the “Collateral” (as those terms are defined in the Security Agreement). 
  
 R-3. Pursuant to that certain Public Notice, DA 97-649 (rel. March 31, 1997)
(the “Suspension Order”), the Commission suspended the deadline for payment of installment payments required to be made under the Original Note. Pursuant to that certain Second Report and Order and Further Notice of Proposed Rule
Making adopted September 25, 1997 and released October 16, 1997 (the “Second Report and Order”), the Commission rescinded the Suspension Order and ordered the reinstatement of payments under the Original Note effective March 31,
1998 and agreed to a schedule for payment of all accrued and unpaid interest due under the Original Note. The Second Report and Order was subsequently modified by that certain Order on Reconsideration of the Second Report and Order
adopted March 23, 1998 and released March 24,1998 (the “Order on Reconsideration”). Pursuant to the Order on Reconsideration and the Public Notice, DA-98-741 (rel. April 17, 1998), the date for the resumption of payments under
the Original Note was changed to July 31, 1998 as well as certain other modifications to the terms contained in the Second Report and Order. 

 R-4. The Maker, along with thirteen related entities, filed voluntary petitions for relief under Chapter
11 of title 11 of the United States Code (the “Bankruptcy Code”) on October 20, 1997. On January 26, 1998, General Wireless, Inc. and GWI PCS, Inc. (together with the Subsidiary Debtors, the “Debtors”), also filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy Code. The Debtors’ Chapter 11 cases are currently pending in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division, before the Honorable Steven
A. Felsenthal (the “Bankruptcy Court”) and are being jointly administered under Case No. 397-39676-SAF-11. 
  
 R-5. On June 4, 1998, the Bankruptcy Court entered a judgment (the “Avoidance Judgment”) in Adversary Proceeding No. 397-3492, captioned
GWI PCS 1, Inc., et al. v. Federal Communications Commission (the “Adversary Proceeding”), avoiding the Subsidiary Debtors’ collective obligation to the Commission for any amount beyond $166 million. 
  
 R-6. Based upon the Avoidance Judgment, as well as a total of $106 million in
qualifying payments previously made to the Commission by the Debtors in connection with the C-Block auction, the outstanding principal sum collectively due and owing to the Commission by the Subsidiary Debtors is $60 million (the “Total
Obligation”). 
  
 R-7. On August 17, 1998, the Bankruptcy
Court entered an Order Conditionally Sustaining Objection and Partially Disallowing Claim of FCC (the “Claim Order”), allowing the Commission’s claims against each of the Subsidiary Debtors in pro rata amounts, totaling the
amount of the Total Obligation. Maker’s pro rata amount of the Total Obligation, as set forth in the Claim Order is $             (the “New Principal Amount”).

  
 R-8. Pursuant to the terms of the Second Report and
Order, as modified by the Order on Reconsideration, the Maker elected to continue to operate under the License and continue making payments under the Original Note in accordance with its terms, as modified by the Avoidance Judgment and
the Claim Order, and subject to the modifications set forth herein (i) to the payment terms with respect to “Suspension Interest” and “Deferred Interest” (as those terms are defined below) and (ii) to reflect the New Principal
Amount. 
  
 R-9. Pursuant to such election by Maker, Maker and the
Commission are entering into this First Modification for the purpose of modifying the Original Note to provide for the repayment of all accrued and unpaid interest due under the Original Note, modified as set forth herein, and to make certain other
conforming changes to the Original Note as provided herein. 
  
 NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned parties hereby covenant
and agree and amend the Original Note as follows: 
  
 1. The
foregoing Recitals, including all terms defined therein, are hereby incorporated in this First Modification to the same extent as if they had been herein stated in full. 
  

 2 

 The documents referred to in the Original Note shall include the documents referred to therein, as well as any and all
modifications, amendments, additions and/or supplements thereto and/or replacements thereof. 
  
 2. Except as specifically modified herein, all of the terms, conditions and obligations of the Original Note shall remain in full force and effect, and all of the rights and remedies provided for therein shall be
preserved to the Commission. If there is any conflict between the provisions of this First Modification and the provisions of the Original Note, the provisions of this First Modification shall govern and prevail. 
  
 3. The Security Agreement and Financing Statements will continue to encumber
the License and Collateral with a first lien security interest. The Original Note, as modified by this First Modification (hereinafter collectively referred to as the “Note”), and all extensions, renewals, modifications and
amendments and considerations thereof or substitutions therefor shall continue to be secured by the Security Agreement and all other documents, instruments, certifications, security agreements and financing statements executed and delivered in
connection therewith by the Maker or by its successors. The Original Note and this First Modification shall be entitled to the benefits of, and to the security required to be provided by, the aforesaid documents, some of which contain provisions for
the acceleration of the maturity of the Note upon the happening of certain stated events. 
  
 4. The Amortization Schedule attached to the Original Note as Schedule A is hereby deleted in its entirety and replaced by the Modified Amortization Schedule, attached hereto as Schedule A. All references in the
Original Note to Schedule A shall hereafter refer to the Modified Amortization Schedule. 
  
 5. Maker and the Commission covenant and agree that pursuant to the terms of the Suspension Order and the Second Report and Order, interest payments under the Original Note were suspended for the period
effective as of March 31, 1997 through and including March 31, 1998. The entire amount of unpaid interest that accrued during the period beginning with the grant date of the License through and including March 31, 1998, calculated based upon the New
Principal Amount is hereinafter referred to as the “Suspension Interest”. All Suspension Interest is to be repaid in eight (8) equal payments with the first such payment being due on the Effective Date. In addition, pursuant to the
terms of the Order on Reconsideration: (i) all interest accrued on the Original Note from April 1, 1998 through the Effective Date, calculated based upon the New Principal Amount (“Deferred Interest”), is due and payable in
full on the Effective Date; (ii) all payments under the Note were reinstated as of the Effective Date; and (iii) the schedule for making quarterly interest and/or principal payments under the Note was changed to require quarterly payments on October
31, January 31, April 30 and July 31 of each year, with the first such payment being due and payable on October 31, 1998. Based upon the foregoing, the Original Note is hereby modified and amended to provide that the payments of interest and
principal shall be as follows: 
  
 a. On the
Effective Date, or when thereafter due, Maker shall make a payment to Payee in the amount of all Deferred Interest (“Deferred Interest Payment”). 
  

 3 

 b. On the Effective Date, or when thereafter due, and continuing on each following
October 31, January 31, April 30 and July 31 thereafter until all Suspension Interest has been paid in full, Maker shall make a payment equal to one-eighth (1/8th) of the Suspension Interest outstanding as of March 31, 1998 (“Suspension
Interest Payment”). 
  
 c. Thereafter,
except as provided in Sections 5.a and 5.b above, Maker shall continue to make interest only payments to the Commission at the “Annual Rate” (as that term is defined in the Original Note) in equal consecutive quarterly installments
in the amount as set forth in Schedule A, and principal and interest payments to the Commission in equal quarterly installments in the amount as set forth in Schedule A, all as provided in the Original Note and as modified hereby, except for the
following: 
  
 (i) payments of interest accruing
from and after the Effective Date shall now be due on October 31, January 31, April 30 and July 31 of each year (such quarterly dates are hereinafter referred to as the “New Quarterly Payment Dates” or individually a “New
Quarterly Payment Date”); 
  
 (ii) the
last quarterly interest only payment shall be due on the New Quarterly Payment Date occurring immediately prior to the date that the first payment of principal and interest is due; 
  
 (iii) if the first quarterly payment of principal and interest required under the Original Note is due on a
New Quarterly Payment Date, the first quarterly payment of principal and interest shall be due on such New Quarterly Payment Date as provided in the Original Note and thereafter, Maker shall be required to make its payment of principal and interest
in equal quarterly installments in the amount provided in the Original Note, as modified hereby, on each succeeding New Quarterly Payment Date; and 
  
 (iv) if the first quarterly payment of principal and interest required under the Original Note is due on a day other than one of the New
Quarterly Payment Dates, the Original Note is hereby modified to provide that the first quarterly payment of principal and interest shall be due on the first New Quarterly Payment Date following the date currently provided in the Original Note for
the first payment of principal and interest and thereafter, Maker shall be required to make its payments of principal and interest in equal quarterly installments in the amount provided in the Original Note, as modified hereby, on each succeeding
New Quarterly Payment Date. 
  
 The Maker and the
Commission acknowledge and agree that no modification is being made to the “Maturity Date” (as that term is defined in the Original Note) and that the entire New Principal Amount, together with accrued and unpaid interest thereon,
and all other remaining obligations of Maker under the Note, if not sooner paid, shall be due and payable on the Maturity Date. 
  

 4 

 6. The sixth (6th) paragraph of the Original Note reading “All interest shall be computed on the
basis of a 360-day year for actual days elapsed.” is hereby deleted in its entirety and replaced with the following: 
  
 Interest on the New Principal Amount of this Note shall be computed at the Annual Rate on the basis of a three hundred sixty (360) -day year composed of
twelve (12) months of thirty (30) days each, except that interest due and payable for a period of less than a full quarterly payment period shall be calculated by dividing the full quarterly payment by the actual number of calendar days in the
applicable quarterly payment period to create a daily rate that is multiplied by the actual number of days elapsed since the last day of the previous quarterly payment period. 
  
 7. If the Suspension Interest Payment and Deferred Interest Payment due on the Effective Date are received by the Commission
on or before October 29, 1998, together with any applicable late fee, Maker and the Commission agree that the paragraphs of the Original Note defining when an “Event of Default” occurs will be modified by deleting in their entirety the
provisions beginning with the phrase “a. non-payment by Maker of any Principal or Interest on the date due...” and continuing through “...Maker has not resumed payments of Interest and Principal in accordance with the terms of this
Note; or” and replaced with the following: 
  
 a. Any
non-payment by Maker of any Principal and/or Interest on the due date specified hereinabove, and the failure to make such payment, together with all applicable “Late Fees” (as hereinafter defined) within one hundred eighty (180) days after
such Principal and/or Interest payment due date; or 
  
 8. The
Original Note is hereby amended to provide that in addition to the Events of Default listed therein, as modified by this First Modification, it shall be an Event of Default under the Note if either the Suspension Interest Payment due on the
Effective Date or the Deferred Interest Payment due on the Effective Date is not received by the Commission on or before October 29, 1998. No additional grace or cure period shall be applicable to such payment. All other payments of Suspension
Interest shall be subject to the same terms and conditions as the remaining Principal and/or Interest payments under the Note. 
  
 9. The paragraph of the Original Note which imposes a late fee upon the occurrence of any Event of Default is hereby modified by deleting in its entirety
the sentence reading “Upon any Event of Default under this Note, Payee may assess a late fee and/or administrative charge, plus the costs of collection, litigation, attorneys’ fees, and default payment as specified in the then-applicable
orders and regulations of the Commission as amended, and Maker acknowledges that it is liable and herein expressly promises to pay on demand such additional costs, expenses, late charges, administrative charges, attorneys fees, and default
payment.” and substituting in its place the following: 
  
 Should any payment of Principal and/or Interest required under this Note not be paid in full on the due date as specified hereinabove, Maker acknowledges that the Payee will incur extra expenses for the handling of
the delinquent payment and servicing the indebtedness evidenced hereby, and that the exact amount of these extra expenses is extremely difficult and impractical to ascertain. Therefore, Maker shall, in such event, without further notice, and without
prejudice to the right of the 
  

 5 

 Payee to collect any other amounts provided to be paid hereunder or under the Security Agreement, or to
declare an Event of Default, pay to the Commission the “Late Fee” (as hereinafter defined) to compensate Payee for expenses incurred in handling delinquent payments and the Maker confirms and agrees that the Late Fee is a fair
approximation of the expense so incurred by the Payee. The “Late Fee” is defined as the total, if any, of the “Non-Delinquency Late Fee” and the “Grace Period Late Fee” (as hereinafter defined). The
“Non-Delinquency Late Fee” shall be an amount equal to five percent (5.0%) of any Principal and/or Interest payment required to be made hereunder and shall be automatically assessed if such payment is not made on the original date that
such Principal and/or Interest Payment is due (without the benefit of any notice or grace period). If such Principal and/or Interest payment, together with the Non-Delinquency Late Fee, is not made on or before the ninetieth (90th) -day after the
original date that such Principal and/or Interest payment was due, such payment shall automatically be subject to a second late fee (the “Grace Period Late Fee”) equal to ten percent (10.0%) of the amount of such past due Principal and/or
Interest Payment (without the benefit of any notice or grace period) in addition to the Non-Delinquency Late Fee. 
  
 In addition to the foregoing, there shall also automatically be imposed on Maker, and Maker shall pay to the Commission without further
notice, and without prejudice to the right of the Payee to collect any other amounts provided to be paid hereunder or under the Security Agreement, or to declare an Event of Default, the “Resumption Date Late Fee” (as hereinafter defined)
to compensate Payee for expenses incurred in handling delinquent payment of the Suspension Interest Payment due on the Effective Date and/or the Deferred Interest Payment. The Maker confirms and agrees that the Resumption Date Late Fee is a fair
approximation of the expense so incurred by the Payee. The “Resumption Date Late Fee” shall be an amount equal to (i) five percent (5.0%) of the Suspension Interest Payment due on the Effective Date if such payment is not received by the
Payee on the Effective Date (without the benefit of any notice or grace period), and (ii) five percent (5.0%) of the Deferred Interest Payment due on the Effective Date if such payment is not received by the Payee on the Effective Date (without the
benefit of any notice or grace period). 
  
 Maker and Payee agree that all
references in the Original Note to a late fee shall be deemed to be a reference to the Late Fee and/or the Resumption Date Late Fee, as applicable. 
  
 10. All defined terms contained in the Loan Documents shall have the same meaning as set forth therein except as may otherwise be expressly set forth in
this First Modification. Maker and the Commission covenant and agree that the reference in the Security Agreement to the “Note” shall be deemed a reference to the Original Note, as modified by this First Modification. 
  

 6 

 11. This First Modification constitutes the entire agreement regarding the amendment and modification of
the Original Note between Maker and the Commission and is intended by Maker and the Commission to be a complete, exclusive and final integration of all prior and contemporaneous agreements and negotiations of Maker and the Commission concerning the
amendment and modification of the Original Note. There have been no other agreements, covenants, representations or warranties between Maker and the Commission regarding the amendment and modification of the Original Note other than those expressly
stated or referred to in this First Modification or in any document delivered pursuant hereto. 
  
 12. The Commission acknowledges and agrees that, as of the date of this First Modification, maker is not in default under the Original Note and no event of Default has occurred. 
  
 13. This First Modification may be amended or modified only by written
instruments signed by Maker and the Commission. If any covenant, condition or provision of this First Modification is declared by a court of competent jurisdiction to be invalid and not binding on the Maker and/or the Commission, such declaration
shall in no way affect the validity of the other remaining covenants, conditions and provisions of this First Modification. 
  
 14. This First Modification shall bind, inure to the benefit of and be enforceable by Maker and the Commission, their respective heirs, beneficiaries,
legal representatives, successors and assigns. 
  
 15. Except as
modified by this First Modification, Maker agrees that the Original Note shall continue in full force and effect without modification, and the Original Note and all of the other Loan Documents, as the same may have been modified or amended, are
hereby expressly approved, ratified, confirmed and reaffirmed by all parties to this First Modification. 
  
 16. This First Modification shall be governed and construed in accordance with the Communications Act of 1934, as amended from time to time, the then
applicable orders and regulations of the Commission and federal law. 
  
 17. This First Modification may be executed in counterparts, each of which shall be deemed to be an original and all of which shall collectively be deemed to constitute a single document. 
  
 IN WITNESS WHEREOF, the undersigned have each executed this First
Modification, under seal, as of the day and year first written. 
  
 [SIGNATURE PAGES FOLLOW] 
  

 7 

 SIGNATURE PAGE 
 FIRST AMENDED AND MODIFIED 
 INSTALLMENT PAYMENT PLAN NOTE 
  

	 	 	 MAKER:

		
	 Witness/Attest:
	 	                             ,
 A DELAWARE CORPORATION

			
	  

	 	By:	 	  

	 	 	Name:	 	  

	 	 	Title:	 	  

	 	 	      Date: October 8, 1998

 SIGNATURE PAGE 
 FIRST AMENDED AND MODIFIED 
 INSTALLMENT PAYMENT PLAN NOTE 
  

	 	 	 COMMISSION:

	 	 	 
	 	 	 FEDERAL COMMUNICATIONS COMMISSION

		
	 WITNESS:
	 	 
			
	  

	 	By:	 	  

	 	 	Name:	 	  

	 	 	Its:	 	Authorized Signatory for the Wireless Telecommunications Bureau, Federal Communications Commission

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