Document:

Amended and Restated Trademark License Agreement (Sprint  and Virgin Mobile USA)

 Exhibit 10.7 
 THIS AMENDED AND RESTATED TRADEMARK LICENSE AGREEMENT (Agreement) is made on October 16, 2007, 
 BETWEEN 
 SPRINT COMMUNICATIONS
COMPANY, L.P., a Delaware limited partnership with an office at 6200 Sprint Parkway, Overland Park, Kansas 66251 (Sprint). 
 VIRGIN
MOBILE USA, LLC, a Delaware limited liability company, with a principal place of business at 10 Independence Boulevard, Warren, New Jersey 07059 whose registered office in the State of Delaware is c/o The Corporation Trust Company, Corporation
Trust Center, 1209 Orange Street, Wilmington, Delaware 19801 (the Licensee). 
 RECITAL 
 WHEREAS, Sprint is the beneficial owner of the Marks (as defined below), and has agreed to grant the Licensee a license to use the Marks on the terms and conditions of
this Agreement; 
 WHEREAS, on October 4, 2001 Sprint and Licensee entered into a License Agreement, as amended, whereby Sprint granted Licensee the
right to use the Marks in accordance with the terms and conditions set forth therein (the License Agreement); and 
 WHEREAS, the parties
hereto desire to enter into this Agreement to modify the rights and obligations of the parties under the License Agreement as set forth herein; 
 In
consideration of the mutual covenants and agreements set forth herein, and for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereby agree to amend the License Agreement in its entirety to read
as follows: 
 DEFINITIONS 
 1.1 In this
Agreement, the Recital above and the Schedules to it, the following terms shall have the following meanings. 
 Accounting Period means each of
the annual accounting periods ending on the Annual Accounting Date during the Term and, in the case of the first such period, the period from the Commencement Date to the first Annual Accounting Date, and, in the case of the last period, the period
from the commencement of such period until close of business on the final day of the Term or the date of termination of this Agreement, whichever occurs sooner; 
 Annual Accounting Date means 31 January save as such date may be adjusted (if in a material manner, then by written agreement between the parties) to avoid an Annual Accounting Date falling on a day which is not a
Business Day and/or to ensure that all Annual Accounting Dates fall on the same day of the relevant week; 
 Business Day means any day
(excluding Saturdays and Sundays) on which the US Postal Service is open for business; 
  

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 Commencement Date means the earlier of the date that Licensee or its direct or indirect parent company
closes an initial public offering and January 1, 2008; 
 CPI or Consumer Price Index means the Consumer Price Index for All
Urban Consumers (CPI-U) for the U.S. City Average for All Items, as published by the United States Department of Labor Bureau of Labor Statistics, or any successor organization; 
 End User has the meaning given such term in the PCS Services Agreement; 
 Financial Year means
the financial year of the Licensee; 
 Gross Sales means the total amount received by the Licensee in connection with the carrying on of the
Licensed Activities, exclusive of revenues from sales of Handsets if Handsets are sold at a retail price below wholesale cost; 
 Handset means
a mobile device intended for use by a customer of Licensee to access Mobile Voice and Data Services; 
 Licensed Activities means those
activities referred to in Clause 3.1; 
 Marks means the trademarks identified on Schedule 1.0 attached hereto; 
 Mobile Voice and Data Services means voice and data radio communications service including both one-way and two-way radio communications services conducted
through a wireless network carried on or between mobile stations and/or receivers and land stations, and between mobile stations and/or receivers communicating among themselves and the services made available to End Users over mobile receivers;

 PCS Services Agreement means the Amended and Restated PCS Services Agreement between Sprint Spectrum L.P. and Licensee dated as of
October 16, 2007; 
 Person means any individual, corporation, limited liability company, partnership, firm, joint venture, association,
trust, joint stock company, unincorporated organization or other entity; 
 Royalties means the payments described in Clause 4; 
 Sprint PCS Branding Guidelines means the guidelines provided by Sprint in relation to the permitted form, manner and context in which the Marks may be
used, as amended from time to time; the most current version of which is attached as Schedule 2.0; 
 Term means the period between the
Commencement Date and December 31, 2027; 
 Territory means the United States of America, the US Virgin Islands and Puerto Rico; and

 Value Added Services means voicemail, short message and digital mobile fax services and other related services, in each case provided by
means of Mobile Voice and Data Services via a Handset. 
  

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 1.2 The Schedules form part of the operative provisions of this Agreement and references to this Agreement shall, unless
the context otherwise requires, include references to the schedules. 
 1.3 For the avoidance of doubt the recitals do not form part of the operative
provisions of this Agreement. 
 1.4 The index to and the headings in this Agreement are for information only and are to be ignored in construing the same.

 1.5 The parties acknowledge and agree that: 
  

	(a)	each of them has been advised by counsel and has fully considered the language, terms and provisions of this Agreement; and 

  

	(b)	this Agreement has been drafted by both parties and ambiguities in it, if any, shall not be construed against the drafter of any particular clause. 

 ACKNOWLEDGEMENTS 
 2.1 The Licensee
acknowledges that: 
  

	(a)	all rights in the Marks belong to Sprint; 

  

	(b)	the Licensee shall not acquire or claim any title to any of the Marks by virtue of the rights granted to it by this Agreement or through its use of the Marks either before or after
the date of this Agreement; 

  

	(c)	the Licensee shall not at any time do or omit to do anything which is likely to prejudice Sprint’s rights in the Marks; 

  

	(d)	all goodwill generated by use of the Marks by the Licensee shall at all times be deemed to have accrued to Sprint; 

  

	(e)	any rights accrued to the Licensee through use of the Marks, including but not limited to any mixed brand rights shall be deemed to have accrued to Sprint; and

  

	(f)	for the avoidance of doubt, the Licensee shall do any act reasonably required to give effect to this Clause 2.1. 

 2.2 Sprint acknowledges that the Licensee shall be free to use or register in its own name any mark other than a mark which is (i) one of the Marks;
(ii) confusingly similar to a Mark; or (iii) used in combination with a Mark as a composite mark. 
 2.3 Sprint acknowledges that all goodwill
generated by use or registration of a mark by the Licensee in its own name in accordance with Clause 2.2 shall at all times be deemed to have accrued to the Licensee. 
  

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 GRANT 
 3.1 With effect from the Commencement Date, in consideration of the Royalties and the covenants and undertakings contained in this Agreement, Sprint grants to the Licensee a non-exclusive license to use the Marks in
the Territory for the Term: 
  

	(a)	in relation to the provision of Mobile Voice and Data Services and Value Added Services to Customers; and 

  

	(b)	on promotional brochures and other materials in relation to the provision of Mobile Voice and Data Services and Value Added Services. 

 3.2 Licensee will not use the Marks in any form other than that permitted in the Sprint PCS Branding Guidelines attached hereto as Schedule 2.0 and incorporated herein
by this reference without the prior written consent of Sprint, such consent to be requested and determined as described in Clause 3.3 below. Licensee will use the Marks in accordance with the Sprint PCS Branding Guidelines. 
 3.3 Except for printed materials which shall be covered by Clause 5.4 herein, if the Licensee wishes to use the Marks in any manner other than as provided in the Sprint
PCS Branding Guidelines, it will notify Sprint prior to commencing the proposed use. If Sprint consents (such consent to be based on Sprint’s reasonable interpretation of the Sprint PCS Branding Guidelines and not to be unreasonably withheld)
to the proposed use by the Licensee, Sprint will so notify Licensee. If Sprint withholds its consent, it will explain in writing the basis for its decision. If Sprint fails to provide written notice of its decision within thirty (30) days of
the request, the request will be deemed denied for purposes of this Clause 3.3. If Sprint and Licensee do not agree with respect to any such issue, either party may escalate the matter as provided in Clause 14.11. 
 PAYMENT OF ROYALTIES 
 4.1 Through December 31, 2007, the Licensee agrees to pay Sprint continuing Royalties which, for any one Financial Year (and pro rata for parts thereof), shall be 0.125% of Gross Sales during that Financial Year,
up to a maximum of two million United States dollars ($2,000,000) in any one Financial Year. Beginning with the earlier of (a) January 1, 2008, and (b) the date on which Licensee offers post-paid Mobile Voice and Data Services, the
Licensee agrees to pay Sprint continuing Royalties which, for any one Financial Year (and pro rata for parts thereof), shall be 0.25% of Gross Sales during that Financial Year, up to a maximum of four million United States dollars ($4,000,000) (the
Cap) in any one Financial Year. The Licensee shall pay the amount payable under this clause in respect of each quarter within ten (10) Business Days of the end of each quarter and in the manner nominated by Sprint. Licensee will
pay Royalties for such period of time as it has the right to use the Marks. Licensee will have the right to use the Marks for as long as the PCS Services Agreement is in force unless this Agreement is earlier terminated pursuant to Clauses 9.1 or
9.2 hereof. 
  

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 4.2 The Licensee shall supply to Sprint: 
  

	(a)	a monthly statement of the Licensee’s Gross Sales within five (5) Business Days of the end of each quarter; 

  

	(b)	a statement showing Gross Sales for each Accounting Period of the Licensee within one month after the end of such period certified by a qualified auditor approved by Sprint;

  

	(c)	a balance sheet and profit and loss account showing the true position of the business of the Licensee for each Financial Year during the Term and for the Financial Year first
expiring after the expiration or termination of this Agreement after the end of the relevant Financial Year certified by a qualified auditor approved by Sprint; and 

  

	(d)	any other information relating to the financial position of the Licensee as may be reasonably requested by Sprint during the term of this Agreement. 

 4.3 If the Gross Sales certified by the auditors of the Licensee in the statement provided pursuant to Clause 4.2(b) multiplied by the continuing royalty rate as set out
in Clause 4.1 exceeds the amount paid to Sprint by the Licensee pursuant to Clause 4.1 for the Accounting Period, the Licensee shall pay such excess to Sprint, such payment to accompany the statement. 
 4.4 If the Gross Sales certified by the auditors of the Licensee in the statement provided pursuant to Clause 4.2(b) multiplied by the continuing royalty rate as set out
in Clause 4.1is less than the amount paid to Sprint by the Licensee pursuant to Clause 4.1 for the Accounting Period, Sprint agrees to refund the amount of such deficiency to the Licensee within thirty (30) days of the receipt of such statement
by Sprint. 
 4.5 Any obligation to make a payment under this Agreement has been expressed exclusive of any federal, state, local or other governmental value
added, sales or similar tax. If such tax is chargeable under this Agreement, any payments due to Sprint hereunder shall be increased to include an amount equal to such tax. 
 4.6 In the event of any payment to be made by the Licensee under this Agreement not being received by Sprint on or before the due date of payment, interest shall become payable on such payment at the rate of four
percent (4%) above the base rate of Lloyds TSB Bank PLC from the due date for payment to the date when payment is actually received (both before and after any court judgement). 
 4.7 Beginning on January 1, 2008, the parties shall make annual adjustments for inflation to the Cap equal to the change in the CPI from January 1 of a Financial Year of the Agreement to the following
January 1, calculated as of January 1. All such calculations shall be made within thirty (30) days of the date that the CPI is released by the United States Department of Labor and adjustments to the Cap shall be applicable for the
following Financial Year. 
 CONDITIONS OF USE 
 5.1 The Licensee hereby undertakes that it shall use the Marks at all times only in accordance with the Sprint PCS Branding Guidelines in effect from time to time. In
the event of any inconsistency between the terms of this Clause 5 (i.e., Clauses 5.1 through 5.6) and the Sprint PCS Branding Guidelines, the provisions of this Clause 5 shall prevail. 
  

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 5.2 The Licensee hereby undertakes that it shall not use, register or apply to register any of the Marks or any
confusingly similar marks as the whole or part of any domain name, electronic mail address or otherwise without the prior written consent of Sprint. 
 5.3
The Licensee acknowledges that the value and reputation of the Marks are such that they denote high quality status and agrees to ensure that the goods and services to which the Marks are applied are of a style, appearance and quality so as to
maintain the value and reputation of the Marks. 
 5.4 The Licensee further undertakes to comply with the following conditions of use: 
  

	(a)	the Licensee shall submit designs for any printed materials using the Marks to Sprint for approval as to the manner and context of the intended use of the Marks except in so far as
the materials comply with the Sprint PCS Branding Guidelines or have been previously approved in writing. The Licensee shall not make use of any such design or advertising, marketing or promotional materials incorporating such designs for the
purpose of the Licensed Activities unless Sprint has given its prior written approval to use of such materials (such approval not to be unreasonably withheld); 

  

	(b)	where Sprint has not sent (by courier, post, email or fax) to the Licensee at its then usual business or email address a written response in relation to the designs submitted by the
Licensee within five (5) Business Days of receipt of such materials, Sprint shall be deemed to have approved the designs for the purposes of this Clause 5.4; 

  

	(c)	the Licensee’s use of the Marks (including without limitation, the shape, color and design of all of Licensee’s products and advertising and promotional material on or in
which the Marks appear) shall comply at all times with the Sprint PCS Branding Guidelines or be in such other form as may from time to time be approved in advance in writing by Sprint. 

  

	(d)	If, in Sprint’s reasonable opinion, any advertising or promotional material in which any of the Marks are used does not comply with this Agreement or the Sprint PCS Branding
Guidelines then, after a reasonable cure period, the Licensee must withdraw or use commercially reasonable efforts to procure the withdrawal of all such advertising and/or promotional materials; 

  

	(e)	the Marks may not be used in combination with any other marks, names, words, logos, symbols or devices (except as specified in this Agreement) without the prior written consent of
Sprint (at its absolute discretion); 

  

	(f)	the Licensee shall promptly provide Sprint with details of all material complaints made by customers, distributors, retailers and/or members of the public relating to any
Licensee’s products and services sold under the Marks and/or the Licensed Activities conducted under the Marks which the Licensee, in the exercise of its reasonable discretion, believes are capable of having an adverse effect upon the goodwill
attending the Marks, together with reports on the resolution of such complaints and shall comply with any reasonable directions or recommendations given by Sprint in respect thereof; and 

  

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	(g)	the Licensee shall obtain and comply with all necessary consents, licenses and authorisations and all other required formalities, and comply with all applicable laws and regulations
in the Territory (including the Economic Espionage Act), in connection with the exercise of the Licensees’ rights granted by this Agreement and is under an obligation to notify Sprint if it becomes aware of any changes or possible changes in
legislation, regulations, policy or procedures which may adversely affect the ability of the Licensee to carry on its business or use the Marks. 

 5.5 In order to ensure that the Licensee is complying with the obligations under this Agreement, the Licensee shall permit and facilitate review by Sprint of Licensee’s uses of the Marks, including, upon the reasonable written request
of Sprint: 
  

	(a)	providing reasonable quantities of samples of any materials, including Licensee’s products and all advertising, marketing and promotional materials bearing the Marks, used in
connection with the Licensed Activities prior to or in the course of their installation, sale or distribution (such samples to be provided at Sprint’s cost); 

  

	(b)	meeting with Sprint at least once in each calendar year at the Licensee’s offices at Sprint’s expense in order to review the exercise of the Licensee’s rights granted
by this Agreement; and 

  

	(c)	permitting Sprint (or its nominated representative) upon reasonable notice during business hours to enter the Licensee’s premises to assess whether the Licensee is complying
with the obligations under the terms of this Agreement. 

 5.6 If at any time the Licensee fails to comply with the conditions of use or
standards of quality and presentation set out in this Clause 5, Sprint may direct the Licensee (in writing) to take such steps as may be necessary to ensure compliance which will, if such steps are taken to the reasonable satisfaction of Sprint,
remedy such breach without prejudice to the Licensee’s liability to Sprint in respect of any damages or other claims which may have arisen as a result of such breach. If Sprint and Licensee do not agree with respect to any such issue, either
party may escalate the matter as provided in Clause 14.11. 
 TRADEMARK PROTECTION 
 6.1 Sprint undertakes to prosecute registration of and maintain in good standing the Marks, and to take all necessary steps to defend its rights and those of Licensee
against infringement of the Marks by third persons in accordance with 10.2. 
 6.2 The Licensee and Sprint each undertake that they shall, at the
other’s request and expense, execute or procure the execution (including by any of the other Licensees) of any document which may be necessary to allow recordal of the rights granted to the Licensee by this Agreement and the corresponding
cancellation of such recordal on the expiration or termination of this Agreement, for whatever reason. 
  

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 6.3 The Licensee shall not: 
  

	(a)	seek any registration of any trademark, copyright or analogous right which is identical with or confusingly similar to any of the Marks in any country in the world; or

  

	(b)	challenge the validity or Sprint’s ownership of the Marks or any registrations for them. 

 6.4 Sprint shall take all steps necessary to ensure that the registrations of the Marks cover (and, if applicable, are extended to cover) the scope of the Licensed Activities in the Territory to the extent that
registrations are available in the Territory and as the Licensee may reasonably request or as Sprint reasonably considers is necessary to protect the value, reputation and/or goodwill associated with the Marks. 
 6.5 The Licensee shall, at the request of Sprint and at Sprint’s cost, provide full assistance in connection with the protection and maintenance by Sprint of its
rights in and to the Marks in the Territory as Sprint may from time to time in its reasonable discretion determine necessary. 
 6.6 The Licensee shall
immediately stop using, or as Sprint may direct, modify the use of, any Marks in relation to any part or parts of the Licensed Activities on receipt of written notice from Sprint notifying the Licensee that such use has been finally and definitively
determined by a court of competent jurisdiction to infringe upon the intellectual property rights of a third party provided always that: 
  

	(a)	Sprint vigorously defends the infringement litigation; 

  

	(b)	Sprint shall permit the Licensee to recommence use of the Marks if, and as soon as reasonably practicable after, Sprint settles the matter with the third party with the effect that
use by the Licensee is permitted or would no longer amount to an infringement of such third party’s rights; and 

  

	(c)	the Licensee’s obligation to pay Royalties in respect of its use of the Marks shall be suspended during the period that it is required by Sprint under this Clause 6.6 to stop
using the Marks. 

 DEALINGS AND SUB-LICENSING 
 7.1 The rights granted under this Agreement are personal to the Licensee and the Licensee shall not delegate, sub-license, assign, mortgage, charge or encumber with a
security interest any of those rights to any third party without the prior written consent of Sprint (which may be withheld for any reason), except (a) a sub-license as permitted by Clause 7.2; or (b) an assignment that would be permitted
by and under the same terms as Section 20 of the PCS Services Agreement, but only in the event that the PCS Services Agreement is also so assigned. 
 7.2 The Licensee may sub-license its rights under this Agreement to the extent necessary to allow the Licensee to sub-contract to a manufacturer, retailer, printer or other Person requiring a license in connection with the conduct of the
Licensee’s business any part of the operations required to facilitate the conduct of the Licensed Activities or the provision of Licensee’s products and services, provided that: 
  

	(a)	the Licensee gives prior written notice of the sub-license to Sprint; 

  

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	(b)	the sub-license shall be in writing on terms and conditions no less onerous than those imposed on the Licensee by this Agreement; 

  

	(c)	the sub-licensee shall not have the right to sub-license its rights under the sub-license to any third party; 

  

	(d)	the permission to sub-license (and all sub-licenses granted) under this clause shall terminate automatically on termination or expiration of this Agreement;

  

	(e)	the Licensee shall be liable for all acts and omissions of its sub-licensees, which shall be deemed to be the acts and omissions of the Licensee for the purposes of this Agreement;

  

	(f)	the Licensee shall at all times and at its own cost enforce compliance by the sub-licensee with the terms of the sub-license; and 

  

	(g)	the Licensee shall not sub-contract the whole of its business operations to a third party. 

 LICENSOR’S WARRANTIES 
 8.1 Sprint represents
and warrants that: 
  

	(a)	it is the beneficial owner of the Marks; 

  

	(b)	it has the right to grant all of the rights it purports to grant under this Agreement; and 

  

	(c)	is not aware of any other rights whose grant under this Agreement would be necessary to enable the Licensee to carry on the Licensed Activities under the Marks in accordance with
this Agreement. 

 TERMINATION AND EFFECTS OF
TERMINATION 
 9.1 This Agreement shall expire automatically without need for further notice upon the earlier to occur of:
(a) expiration of the Term; and (b) expiration or an early termination of the PCS Services Agreement. 
 9.2 If any of the following occur (each a
Default and the party triggering such Default a Breaching Party): 
  

	(a)	Sprint or Licensee fails to make a payment of money due under this Agreement which failure continues for more than thirty (30) days after written notice from the other party
requiring the payment to be made; 

  

	(b)	Sprint or Licensee commits a material breach of any of the provisions of this Agreement, which breach (i) is or is likely to be materially damaging to the other party or to the
goodwill in the Marks, including the use of the Marks for purposes other than a Licensed Activity or (ii) arises from the Licensee’s use of the Marks for purposes other than a Licensed Activity that is not or is not likely to be materially
damaging to the other party or to the goodwill of the Marks, and (iii) either: 

  

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 (A) continues for a period of more than sixty (60) consecutive days after receipt of written notice
from the non-breaching party specifying the nature of the breach (Cure Period); or 
 (B) is of a nature that is not capable of
cure; 
  

	(c)	Sprint or Licensee ceases to do business as a going concern; 

  

	(d)	Sprint or Licensee is unable or admits its inability to pay its debts as they become due; or 

  

	(e)	Sprint or Licensee institutes a voluntary proceeding, or becomes the subject of an involuntary proceeding which involuntary proceeding is not dismissed within thirty (30) days,
under any bankruptcy act, insolvency law or any law for the relief of debtors, has a receiver appointed for the party which appointment is not dismissed, vacated or stayed within thirty (30) days, or executes a general assignment for the
benefit of creditors; 

 then: 
 (A) if Sprint is the Breaching Party and Sprint has failed to cure any Default within the applicable cure period, if any, then Licensee may, at any time within twenty-four (24) months of the expiration of any applicable cure period for
such breach, terminate this Agreement upon ninety (90) days prior written notice to Sprint; and 
 (B) if Licensee is the Breaching Party
and Licensee has failed to cure any Default within the applicable cure period, if any, then Sprint may, at any time within ninety (90) days of the expiration of any applicable cure period for such breach, terminate this Agreement upon thirty
(30) days written notice to Licensee; provided however that, within such 30-day period before termination, the parties may agree to extend the license in whole or in part beyond such date of nominal termination, in accordance with a transition
plan suitable to protect the Licensee’s interests while Licensee effects a transition to replace trade names and trademarks; provided, further, that in no event shall Sprint be required to commit to continued use of the Marks or any of them
throughout a transition period of more than twelve (12) further months, and Sprint shall continue to be entitled to procure injunctive relief against continuation of any breach by Licensee as of the date of notice of termination, 
 provided that, if (x) Sprint notifies the Licensee of a breach referred to in Clause 9.2(b)(ii) above and (y) the Licensee wishes to dispute that the Marks
have been used for purposes other than a Licensed Activity, the Licensee shall, within ten (10) days of receiving the notification, notify Sprint enclosing a Resolution Request (as defined in Clause 14.11) and the parties shall attempt to
resolve the matter in accordance with Clause 14.11, and in relation to that breach: 
 (1) the Cure Period shall not be deemed to have
commenced unless the parties are not able to resolve the dispute by the expiry of the 15-Business Day period referred to in Clause 14.11(b), upon which the Cure Period shall be deemed to commence; 
 (2) if the parties determine during or as a consequence of the procedures in Clause 14.11 that the Licensee is using the Marks for purposes other than a
Licensed Activity, then the Cure Period shall be deemed to commence upon written notice from Sprint following that determination; and 
  

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 (3) if the parties determine during or as a consequence of the procedures in Clause 14.11 that the
Licensee is not using the Marks for purposes other than a Licensed Activity, Sprint shall notify Licensee that the notice of termination is withdrawn. 
 9.3
Reserved. 
 9.4 Upon expiration of the Term or earlier termination of this Agreement for any reason, the Licensee shall, as soon as reasonably practicable
and in any event no later than three (3) months following expiration or termination (unless a longer period is authorized under a transition plan agreed under Clause 9.2(e)(B)): 
  

	(a)	cease to use any of the Marks other than in connection with accurate historical descriptions of the business and as may be required by any applicable law; 

 

	(b)	remove from any establishment or place all representations of the Marks including without limitation all signs or display material bearing the Marks; 

  

	(c)	deliver (at its expense) to Sprint (or to any Person nominated by Sprint) such products and other materials that it owns or that are in its possession which reproduce or display the
Marks or, at the election of Licensee, remove the use of the Marks on such products or materials, or at the election of Licensee, destroy such products and other materials and provide Sprint with satisfactory evidence of their destruction; and

  

	(d)	at the request of Sprint, execute any documents provided to the Licensee by Sprint necessary to confirm that the goodwill that has accrued during the Term in the Marks or any Mark
is vested in Sprint. 

 9.5 The Licensee shall be entirely responsible to Sprint for any direct damage caused by the unauthorised use of such
products and/or materials which are not delivered up or destroyed or altered pursuant to Clause 9.4(c). 
 9.6 Termination of this Agreement shall be without
prejudice to the rights of either party which may have accrued up to the date of such termination. 
 9.7 Except as otherwise provided in Clauses 9.1 and
9.2, neither party may terminate this Agreement except by notice in writing to the other and with the written consent of the other. 
 INFRINGEMENTS AND INJUNCTIVE RELIEF 
 10.1 The Licensee shall promptly notify
Sprint of: 
  

	(a)	any unauthorised use or infringement or suspected or threatened infringement of the Marks or of any passing off or of any other act or thing which might vitiate or prejudice the
rights of Sprint in and to the Marks; and 

  

	(b)	any claims or allegations that the use of the Marks by the Licensee or its sub-licensees infringes the rights of any third party that comes to its notice at any time giving
reasonable particulars thereof. 

  

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 10.2 Subject only to Clause 10.4 below, Sprint shall have the exclusive right in its absolute discretion and at its
expense to take whatever action it believes necessary and proper in connection with any of the matters described in Clause 10.1 above. 
 10.3 The Licensee
agrees to provide to Sprint (at the expense of Sprint) all reasonable assistance which Sprint may require in connection with any action it may decide to take in relation to any unauthorised use, infringement, suspected or threatened infringement,
passing off or other unlawful interference with the rights of Sprint (including, without limitation, bringing or joining in proceedings or lending its name to any proceedings brought by Sprint). 
 10.4 If, having been requested in writing by the Licensee to do so, Sprint fails to take action in respect of any event described in Clause 10.2 for a period exceeding
twenty eight (28) Business Days, the Licensee shall be entitled to do so at its own expense and in its own name and that of Sprint and Sprint agrees to provide the Licensee all reasonable assistance which the Licensee may require in connection
with the action it takes provided always that: 
  

	(a)	the Licensee notifies Sprint in writing of its intention to do so; 

  

	(b)	the Licensee shall only be permitted to take such action if failure to do so would have a material adverse effect on the Licensed Activities; 

  

	(c)	the Licensee shall not be permitted to take such action if it would have a material adverse effect on Sprint or any other licensee of the Marks acting within the terms of its
license; 

  

	(d)	the Licensee will indemnify and keep indemnified Sprint from and against all costs and expenses (including, without limit, disbursements, legal costs on an attorney-client basis,
fees and expenses and value added tax), actions, proceedings, claims, demands and damages arising directly from such action; 

  

	(e)	the Licensee keeps Sprint up-to-date with details of the status of such action or proceedings; 

  

	(f)	the Licensee shall consult Sprint prior to finalizing any negotiated settlement of any such action or proceedings (although the terms of any such settlement shall be at the
Licensee’s sole discretion); and 

  

	(g)	if the Licensee succeeds in securing substantially all the relief it seeks in the action or proceedings it takes in accordance with this Clause 10.4, then it shall provide Sprint
with evidence reasonably acceptable to Sprint (certified if required by Sprint by a qualified auditor approved by Sprint) of the legal costs and expenses incurred in taking that action and Sprint shall reimburse the Licensee its reasonable legal
costs and expenses so incurred. 

 10.5 The proportion of the costs and damages recovered in respect of any action (or of a settlement of any
action) pursuant to Clauses 10.2 or 10.4 shall first, reimburse the party who brought the action in respect of all costs and expenses payable to third parties (excluding, for the 

  

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avoidance of doubt, the cost of lost management time) incurred as a result of bringing the action and the remainder shall go to Licensee, to the extent of
injury suffered by it from the subject matter of the action, provided that Licensee provides Sprint, upon the reasonable request of Sprint, with evidence reasonably acceptable to Sprint of the loss or damage caused by the subject matter of the
actions (certified if required by Sprint by a qualified auditor approved by Sprint), with any and all excess recovery going to Sprint; provided that nothing in this Clause 10.5 shall derogate from the acknowledgement in Clause 2. 
 INDEMNITY 
 11.1 The Licensee
undertakes and agrees that it shall at all times during the continuance in force of this Agreement observe and perform the terms and conditions contained in this Agreement. The Licensee undertakes and agrees to indemnify and hold harmless Sprint and
its officers, directors, agents, employees and representatives from and against all costs and expenses (including, without limitation, legal costs on an attorney-client basis, fees and expenses and value added tax), actions, proceedings, claims,
demands and damages arising directly or indirectly from a third party claim relating to: 
  

	(a)	the Licensee’s use of a Mark in breach of this Agreement; or 

  

	(b)	the Licensee’s use of the Marks on or in relation to Licensee’s products or services in connection with any product liability claims or proceedings, save to the extent
that the same are caused by the action or inaction of Sprint or a breach of this Agreement by Sprint. 

 11.2 Sprint shall indemnify and hold
harmless the Licensee and its officers, directors, agents, employees and representatives from and against all costs and expenses (including, without limitation, legal costs on an attorney-client basis, fees and expenses and value added tax),
actions, proceedings, claims, demands and damages arising directly or indirectly from a third party claim relating to Licensee’s use of a Mark in accordance with this Agreement or relating to a claim of invalidity of or defects in Sprint’s
title to the Marks. 
 CONFIDENTIALITY 
 12 Each of the parties shall keep secret and confidential any information of a confidential nature which it may obtain relating to the business affairs and/or trade secrets of the other provided, that this obligation
shall not apply in respect of (a) any information which comes into the public domain other than as a result of breach by the recipient of the information of the provisions of this clause; (b) which was otherwise known by the receiving
party prior to receipt of such information from the disclosing party; or (c) which is required to be disclosed by law, any governmental or regulatory authority or by order of a court of competent jurisdiction. This clause shall continue in
force following expiry or termination of this Agreement. 
  

 Page 13 

 NOTICES 
 13.1 Any notice or other communication required or authorised to be given under this Agreement shall be in writing and either be delivered by hand or sent by first class post, courier or facsimile transmission
(provided that in the case of facsimile transmission, the notice is confirmed by being delivered by hand or sent by first class post within forty-eight (48) hours) as follows: 
  

					
	Address for notices to Sprint:	 	Sprint Communications Company, L.P.	 	
		 	6200 Sprint Parkway	 	
		 	KSOPHF 0302 - 3B579	 	
		 	Overland Park, Kansas 66251	 	
		 	Attention: Vice President, Law – Intellectual Property
		 	Fax: (913) 523-7651	 	

  

					
	With a copy to:	 	Sprint Spectrum L.P.	 	
		 	6200 Sprint Parkway	 	
		 	KSOPHF0202 - 2B579	 	
		 	Overland Park, Kansas 66251	 	
		 	Attention: Vice President, Corporate Development
		 	Fax: (913) 523-2785	 	

  

					
	Address for notices to Licensee:	 	Virgin Mobile USA, LLC	 	
		 	10 Independence Boulevard	 	
		 	Warren, New Jersey 07059	 	
		 	Attention: General Counsel	 	
		 	Fax: (908) 607-4078	 	

 13.2 The parties may change the address, facsimile number or the name of the person for whose attention notices
are to be addressed by serving a notice on the other party in accordance with the provisions of this Clause. 
 13.3 All notices given in accordance with
Clause 13.1 above shall be deemed to have been served as follows: 
  

	(a)	if delivered by hand or courier, at the time of delivery; 

  

	(b)	if posted, at the expiration of three (3) Business Days after the envelope containing the same was delivered into the custody of the postal authorities; or

  

	(c)	if communicated by facsimile, at the time of transmission, 

 provided that
where, in the case of delivery by hand or transmission by facsimile, such delivery or transmission occurs after 6 p.m. on a Business Day or on a day which is not a Business Day, service shall be deemed to occur at 9 a.m. on the next following
Business Day. References to time in this clause are to local time in the country of the addressee. 
 13.4 In proving such service it shall be sufficient to
prove that the envelope containing such notice was properly addressed and delivered either to the address shown or into the custody of the postal authorities as a pre-paid first class letter, or that the facsimile transmission was made after
obtaining in person or by telephone appropriate evidence of the capacity of the addressee to receive the same, as the case may be. 
  

 Page 14 

 GENERAL 
 Waiver 
 14.1 No delay, failure or indulgence by either party to perform any provision of this Agreement shall operate
or be construed as a waiver of that party’s powers or rights under this Agreement or prejudice that party’s rights to subsequent action. Any waiver by either party of its rights under this Agreement shall not operate as a waiver in respect
of any subsequent breach. No single or partial exercise of any power or right by either party shall preclude any other or further exercise thereof or the exercise of any such other power or right under this Agreement. 
 Modifications 
 14.2 No amendment or modification to this Agreement
will be effective or binding unless it is in writing, signed by both the parties and specifically states that it is an amendment to this Agreement. 
 Invalidity 
 14.3 If at any time any one or more of the provisions (or part of one or more of the provisions) of this Agreement becomes
invalid, illegal or unenforceable in any respect, under any law, the validity, legality and enforceability of the remaining provisions (or part or parts) shall not in any way be affected or impaired. 
 Entire Agreement 
 14.4 This Agreement sets out the entire agreement
and understanding between Sprint and the Licensee in respect of the use of the Marks by the Licensees and supersedes all previous representations, understandings, licenses or agreements, whether oral or written, in relation to such use. It is agreed
that: 
  

	(a)	no party has entered into this Agreement in reliance upon any representation, warranty or undertaking of any other party which is not expressly set out or referred to in this
Agreement; 

  

	(b)	subject only to (c) below, no party shall have a claim or remedy in respect of misrepresentation (whether negligent or otherwise) or untrue statement made by any other party;
and 

  

	(c)	this Clause shall not exclude any liability for fraudulent misrepresentation. 

 Independent Contractors 
 14.5 Nothing in this Agreement shall create, or be deemed to create, a partnership, a joint venture, an agency, a
fiduciary duty or employment between the parties. The only relationship created by this Agreement is that of independent contractors, and, except as expressly provided herein, neither party by virtue of this Agreement has authority to transact any
business in the name of the other party or on its behalf or incur any liability for or on behalf of the other party. 
  

 Page 15 

 Governing Law 
 14.6
This Agreement shall be governed by and construed in accordance with New York law. Each of the parties irrevocably submits to the non-exclusive jurisdiction of the Courts of the state of Delaware and the courts of the United States of America for
the District of Delaware, and appellate courts of any such courts. 
 Counterparts 
 14.7 This Agreement may be executed in counterparts, each of which shall be considered an original, with the same effect as if the parties or their representatives signed the same instrument. 
 Further Assurances 
 14.8 Sprint and the Licensee shall, at the
Licensee’s expense, execute and deliver all such documents and take or procure the execution of all such documents (in a form reasonably satisfactory to both parties) as may from time to time be required to give full effect to this Agreement.

 Costs 
 14.9 Each party shall bear its own costs in
connection with the negotiation, preparation and implementation of this Agreement. 
 Insurance 
 14.10 The Licensee shall ensure that it maintains at all times during the Term, current policies of insurance sufficient to indemnify against any product liability claims
of up to twenty five million United States dollars ($25,000,000) arising from use of the Licensee’s products and services and naming Sprint as an additional insured. 
 Dispute Resolution 
 14.11 In the event there is a dispute between the parties regarding the interpretation of any
provision this Agreement or either party’s performance under any provision of this Agreement (a Dispute), the parties shall attempt to resolve such Dispute in accordance with this Clause 14.11. This Clause 14.11 shall be without
prejudice to either party’s right to take the action (including termination of this Agreement) described in Clause 9.2 in accordance with those Clauses. 
  

	(a)	 Upon written request of either party (the Resolution Request), the Dispute shall be submitted for resolution to a dispute resolution team which shall
be comprised of two representatives from each party (the Integrated Action Team). The Integrated Action Team shall meet as often as necessary to gather and furnish to each party all information with respect to the matter in issue,
which is appropriate and germane for its resolution. The Integrated Action Team shall discuss the Dispute and negotiate in good faith in an effort to resolve the Dispute without the necessity of further action relating thereto. During the course of
such negotiation, all reasonable requests made by one party to the other for non-privileged information reasonably related to this Agreement and the 

  

 Page 16 

	 	 
Dispute will be honored in order that such party may be fully advised of the other’s position. The specific format for such discussions will be left to
the discretion of the Integrated Action Team, but may include the preparation of agreed upon statements of fact or written statements of position furnished by each party to the other. 

  

	(b)	If the Dispute is not fully resolved by the Integrated Action Team within fifteen (15) Business Days after the delivery of the Resolution Request, then either of the parties
may request that the Dispute be escalated to the Designated Officers of the parties (the Escalation Request), after which, within fifteen (15) Business Days of the delivery of the Resolution Request, each of the parties shall
prepare and send to the Designated Officers of the parties, respectively, a memorandum stating its understanding of the matter subject to the Dispute, its position in relation to such matter, its reasons for taking such position and any proposals
for resolving the Dispute. 

  

	(c)	The Designated Officers shall as soon as reasonably practicable (within at least fifteen (15) Business Days after the Dispute has been referred to such Designated Officers or
as such Designated Officers shall otherwise agree) meet (in person or by telephone) to discuss the Dispute and use their reasonable best efforts to resolve it. Designated Officers means each entity’s President, CEO or Chairman (as
applicable). 

  

	(d)	Notwithstanding anything in this Agreement to the contrary, either party may resort to court action for injunctive relief at any time if the dispute resolution process set forth in
this Clause would permit or cause irreparable damage to such party due to delay arising out of the dispute resolution process. 

 [Remainder of page intentionally left blank.] 
  

 Page 17 

 [Signature page to Amended and Restated Trademark License Agreement] 
 IN WITNESS WHEREOF the undersigned have executed this Agreement as of the day and year first written above. 
  

			
	SPRINT COMMUNICATIONS COMPANY L.P.
		
	By	 	 /s/ Douglas B Lynn

	Name:	 	Douglas B Lynn
	Title:	 	Vice President
	
	VIRGIN MOBILE USA, LLC
		
	By	 	 /s/ Peter Lurie

	Name:	 	Peter Lurie
	Title:	 	General Counsel

  

 Page 18 

 SCHEDULE 1 
 TRADEMARKS 
  

									
	 Trademark
	 	 Application / Registration
Number
	 	 Country
	 	 Class
	 	 Status

	Sprint	 	 Serial #78/135,149
 Reg. #2,833,134
	 	USA	 	38	 	Registered

 SCHEDULE 2 
 SPRINT PCS BRANDING GUIDELINES (ATTACHED) 

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Private Label Solutions Program Branding Guidelines 
 Overview 
  

			
		  	  

		
	Introduction	  	Under the Private Label Solutions (PLS) Program, you have been given permission to use the Sprint® trade name and Nationwide Sprint
PCS® Network name for informational purposes to identify the network your services are delivered on and to discuss network coverage. Under your agreement with Sprint, you have agreed to
adhere to these Branding Guidelines. These are the branding requirements you must follow when using the Sprint trade name or the Nationwide Sprint PCS Network name.
		
		  	In order to ensure compliance with these Branding Guidelines, all MVNO-created materials referencing the Sprint name, network coverage or materials created to promote your wireless
offering must be submitted to Private Label Solutions for review and prior written approval prior to production or distribution,
		
		  	Standard turn-around time for the review of all materials will be 10 business days from receipt.
		
		  	Sprint may amend these Branding Guidelines from time to time and you agree to adhere to any amended Branding Guidelines.
		  	  

		
	Contents	  	The Branding Guidelines contain the following topics:

			
		
	 Topic
	  	See Page
	Using the Branding Guidelines	  	2
	Positioning Your Offering	  	3
	 Approved Copy
 Business
Relationship Definition Copy
 Network Coverage Copy
 Legal Disclaimer
 Trademark Notice
	  	4
	Basic Rules	  	6
	Examples	  	8

			
		 	  

  

			
	© 2007 Sprint Nextel	  	Page 1
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

  

 Using the Branding Guidelines 
  

			
		  	  

		
	When to Use the Branding Guidelines	  	 Use these guidelines if you are engaged in preparing any kind of communication for your privately labeled service, including, but not limited to:

  
 •        Brochures
  
 •        Direct mail
  
 •        Advertising (including print and online)
  
 •        Press
releases
  
 •        Public relations - All media releases, public announcements or disclosures in which the Sprint name is used require prior written approval by Sprint.
  
 •        Telemarketing scripts
  
 •        Packaging

		  	  

		
	When Not to Use Branding Guidelines Copy	  	The approved copy referenced in the Branding Guidelines may not be used in radio or TV advertising, on business cards, stationery, or promotional/premium items.
		  	  

		
	Modifying the Copy	  	Do not modify the Branding Guidelines copy in any way. Use the approved copy exactly as stated in the Branding Guidelines.
		  	  

		
	Use of the Sprint Name	  	You are authorized to use the Sprint trade name and the Nationwide Sprint PCS Network name solely for informational purposes to identify the network your wireless services are delivered on and
to discuss network coverage. Only use the names as instructed in these Branding Guidelines.
		  	  

		
	Use of Sprint Trademarks	  	You are prohibited from using any trademark owned by Sprint other than the use of the Sprint trade name and the Nationwide Sprint PCS Network name as described in these Branding
Guidelines.
		  	  

		
	 Linking to Sprint Sites
 Prohibited
	  	You are not authorized to insert links to any Sprint owned Web sites in any of your communications.
	  	  

  

			
	© 2007 Sprint Nextel	  	Page 2
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

  

 Positioning Your Offering 
  

			
		  	  

		
	General Guidance on Positioning	  	You should position wireless offerings to end users in a manner that is visibly different from Sprint marketing approaches. Under no circumstances should Sprint marketing claims or Sprint
creative approaches be used in your communications. For example, you cannot use the “more choice and more flexibility” approach in communications.
		  	  

		
	Proprietary offerings	  	 Many offerings that Sprint makes available to you are proprietary to Sprint. It is important to ensure that your communications do not imply that
these offerings are yours rather than those of Sprint.
  
 Proprietary Sprint PCS product
and service terminology (Sprint PCS Vision®, Sprint PCS® Picture Mail, etc.) may not be used to represent your company products
and services. Portions of Sprint PCS product and service terminology (i.e. Vision, Picture Mall, etc.) also may not be used to represent your company products and services.
  
 Your name and logo can be appended to standard industry terminology such as voicemail, caller ID,
call waiting, etc.

		  	  

		
	Wireless Internet Browsing	  	Sprint has formed relationships with several content providers - such as Yahoo!® and Amazon.com® - that are featured on the wireless Internet browser offered through Private Label Solutions. Through these relationships Sprint has obtained rights to use certain trademarked properties, such as their names and
logos. Sprint cannot pass these rights along to you. Without such rights you cannot promote the content providers in your literature.
		  	  

  

			
	© 2007 Sprint Nextel	  	Page 3
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

  

 Approved Copy 
  

			
		  	  

		
	Approved Provider Copy Explanation	  	 To clarify your relationship with Sprint, we have developed two explanatory copy lines, a legal disclaimer and trademark notice for use in your
communications.
  
 For the purpose of these guidelines we have used the name
“Alpha” as a stand-in for your company name.

		  	  

		
	Business Relationship Definition Copy	  	 Use this copy to describe your business relationship with Sprint for your wireless offerings.
  
 Alpha wireless network services are provided on the Nationwide Sprint PCS Network.*

 
 The asterisk (*) reference after the copy must be used in conjunction with the Legal Disclaimer
and Trademark Notice.
  
 En Español
 Los servicios de la red móvil Alpha se suministran dentro de la Red Nacional Sprint PCS.*

		  	  

		
	Network Coverage Copy	  	 If you choose to include the Sprint name to talk about network and coverage advantages in your wireless voice offerings, the following copy is
approved:
  
 Under Alpha’s arrangement with Sprint, Alpha customers have access to
service anywhere on the Nationwide Sprint PCS Network, reaching more than 250 million people.*
  
 The asterisk (*) reference after the copy must be used in conjunction with the Legal Disclaimer and the Trademark Notice.
  
 En Español
 Conforme al acuerdo entre Alpha y Sprint, los
clientes de Alpha tienen acceso al servicio en cualquier lugar dentro de la Red Nacional Sprint PCS, que llega a más de 250 millones de personas.*

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 4
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Approved Copy, Continued 
  

			
		  	  

		
	Legal Disclaimer	  	 You must use the following Legal Disclaimer (referenced with an asterisk) when using the Business Relationship Copy and the Network Coverage Copy:

  
 * Although Sprint provides Alpha subscribers access to its wireless network and to
its wireless services, Alpha is responsible to the Alpha subscribers for the service. Please call Alpha with any questions or comments about services.
  
 En Español
 * Aunque Sprint provee a los suscriptores de
Alpha acceso a su red móvil y a sus servicios móviles, Alpha es responsable ante los suscriptores de Alpha por el servicio. Por favor llame a Alpha si tiene alguna pregunta o comentario acerca de los servicios.

		  	  

		
	Trademark Notice	  	 The following trademark notice must be included on all materials bearing the Sprint name. The notice is only required to appear once on each
communication.
  
 Sprint is a trademark of Sprint Nextel.
  
 En Español
 Sprint es una marca comercial de Sprint Nextel.

		  	  

  

			
	© 2007 Sprint Nextel	  	Page 5
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

  

 Basic Rules 
  

			
		  	  

		
	Describing Coverage	  	 Since the Network is proprietary to Sprint, you may not imply any ownership of the Network.
  
 The following are examples of ways you can correctly describe coverage without using the Sprint
name:
  
 •        National, digital, wireless coverage is available to Alpha customers...
  
 •        Major metropolitan markets available to Alpha customers
include...
  
 •        Service areas available to Alpha customers are...
  
 •        Coverage available to Alpha customers includes....

		  	  

		
	 Legal
 Requirements
	  	 The following are legal requirements for using the approved copy:
  

•        The Business Relationship Copy and the Network Coverage Copy must always
appear in conjunction with an asterisk (*) that references the Legal Disclaimer and the Trademark Notice.
  
 •        When using the Network Coverage Copy, the Legal Disclaimer is not required
to appear on the same page or surface panel as this copy.
  
 •        When using the Business Relationship Definition Copy, the Legal Disclaimer must appear on the same page or surface panel as this copy.
  
 •        The
Trademark Notice must be included on all materials bearing the Sprint name, but is only required to appear once on each communication.

		  	  

		
	 Sprint Name
 Usage
	  	 The following are requirements for using the Sprint name:
  
 •        The Sprint name should not be used in a way that implies a partnership or
joint venture with Sprint.
  
 •        MVNO service marks, trademarks or trade names must not incorporate the Sprint name (including approved copy).
  
 •        The
appropriate registered trademark notation [®] must be affixed to the first and most prominent appearance of the Sprint and Sprint PCS names in the copy.

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 6
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Basic Rules, Continued 
  

			
		  	  

		
	Copy Placement	  	 The following are required for copy placement:
  
 •        Excessive or repeated use of approved copy should be avoided in your
communications. As a general rule, use of approved copy once per page or surface panel should be sufficient.
  
 •        Approved copy must not be placed on the same horizontal plane as your logo
or visual identifier.
  
 •        Ensure the approved copy is not an integrated part of your visual identity by maintaining sufficient distance between the two. Due to the wide range of graphic possibilities,
“sufficient distance” will be determined by Sprint on a case-by-case basis.

		  	  

		
	General Appearance	  	 The following are requirements for general appearance:
  
 •        The approved copy may not be used in headlines.
  
 •        The
approved copy should not be made to stand out from the accompanying body copy.

		  	  

		
	 MVNO Trademark with Approved
 Copy

	  	 The following are requirements for using your trademark/name with the approved copy:
  
 •        Your
trademark/name must appear in a font size at least 3 times that of the approved copy.
  
 •        Your trademark/name should appear at least once on each panel or web page
that includes approved copy.

		  	  

		
	Electronic Media	  	 The following are requirements for using the copy in electronic media:
  
 •        The
approved copy may not be a prominent visual element of a Web page.
  
 •        The Business Relationship Copy may be displayed along the top, side or bottom of the frame, as long as all other Branding Guidelines are met.
  
 •        The
Legal Disclaimer is required on every screen where the Business Relationship Copy is used.
  
 •        Any Web page that bears the Sprint name in conjunction with promoting a
wireless voice or data offering must also include the Trademark Notice, either directly on the page or on a page or footer that is reserved for legal notices that may be accessed by hyperlink from all site pages.

		  	  

  

			
	© 2007 Sprint Nextel	  	Page 7
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

  

 Examples 
  

			
		  	  

		
	Examples of Correct Copy Usage	  	The following pages provide examples of correct ways to incorporate the Business Relationship Definition Copy, Network Coverage Copy, Legal Disclaimer, and the Trademark Notice into marketing
materials.
	  	  

		
	Outer Envelopes	  	

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 8
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Examples, Continued 
  

			
		  	  

		
	Brochures	  	

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 9
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Examples, Continued 
  

			
		  	  

		
	Advertising	  	

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 10
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Examples, Continued 
  

			
		  	  

		
	 Service
 Literature
	  	

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 11
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Examples, Continued 
  

			
		  	  

		
	Direct Mail Letters	  	

		  	  

  
 Continued on next
page 
  

			
	© 2007 Sprint Nextel	  	Page 12
		  	PLS v3.2

			
	MARCOM GUIDE	  	BRANDING
		  	July 2007

 Examples, Continued 
  

			
		  	  

		
	Electronic Media	  	

		  	  

  

			
	© 2007 Sprint Nextel	  	Page 13
		  	PLS v3.2EXHIBIT 10.6.4

 Exhibit 10.6.4 
 FOURTH AMENDMENT TO 
 FINANCING AND SECURITY AGREEMENT 
 THIS FOURTH AMENDMENT TO FINANCING AND SECURITY AGREEMENT (this “Agreement”) is made as of October 12, 2007 by and among TVI CORPORATION,
a Maryland corporation (“TVI”), CAPA MANUFACTURING CORP., a Maryland corporation (“Capa”), SAFETY TECH INTERNATIONAL, INC., a Maryland corporation (“Safety Tech”), and SIGNATURE SPECIAL EVENT SERVICES, INC. (formerly
named “TVI Holdings One, Inc.”) (“Signature TVI”) jointly and severally (each of TVI, Capa, Safety Tech, and Signature TVI, a “Borrower”; TVI, Capa, Safety Tech, and Signature TVI, collectively, the
“Borrowers”); and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (the “Lender”). 
 RECITALS

 A. The Borrowers and the Lender entered into a Financing and Security Agreement dated October 31, 2006 (as amended by First
Amendment to Financing and Security Agreement dated May 25, 2007, Second Amendment to Financing and Security Agreement dated June 21, 2007, Third Amendment to Financing and Security Agreement dated August 7, 2007, and as amended,
restated, modified, substituted, extended, and renewed from time to time, the “Financing Agreement”). The Financing Agreement provides for some of the agreements between the Borrowers and the Lender with respect to the “Loans”
(as defined in the Financing Agreement), including (i) a revolving credit facility in the maximum principal amount of $25,000,000 and (ii) an Acquisition Line under which an advance evidenced by an Acquisition Line Term Note is outstanding
and no further advances are to be made. 
 B. The Borrowers have requested that the Lender increase the amount available for additional
advances under clause (iv) of the definition of “Borrowing Base” from $2,300,000 to $3,600,000. 
 C. The Lender is willing to
agree to the Borrowers’ request on the condition, among others, that this Agreement be executed. 
 AGREEMENTS 
 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, receipt of which is hereby acknowledged, the Borrowers,
jointly and severally, and the Lender agree as follows: 
 1. The Borrowers and the Lender agree that the Recitals above are a part of this
Agreement. Unless otherwise expressly defined in this Agreement, terms defined in the Financing Agreement shall have the same meaning under this Agreement. 
 2. Each Borrower represents and warrants to the Lender as follows: 

 (a) Each Borrower (a) is a corporation duly organized, existing and in good standing under the laws
of the jurisdiction of its incorporation stated in the Perfection Certificate and is organized in no other jurisdiction, (b) has the corporate power to own its property and to carry on its business as now being conducted, and (c) is duly
qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned by it therein or in which the transaction of its business makes such qualification necessary. 
 (b) Each Borrower has the power and authority to execute and deliver this Agreement and perform its obligations hereunder and has taken all necessary and
appropriate corporate action to authorize the execution, delivery and performance of this Agreement. 
 (c) The Financing Agreement, as
amended by this Agreement, and each of the other Financing Documents remain in full force and effect, and each constitutes the valid and legally binding obligation of the Borrower, enforceable in accordance with its terms, subject to bankruptcy,
insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

 (d) No Event of Default and no event which, with notice, lapse of time or both would constitute an Event of Default, has occurred and is
continuing under the Financing Agreement or the other Financing Documents which has not been waived in writing by the Lender or which is not waived under the terms of this Agreement. 
 (e) The execution, delivery and performance of the terms of this Agreement will not conflict with, violate or be prevented by (i) the
Borrower’s charter or bylaws, (ii) any existing mortgage, indenture, contract or agreement binding on the Borrower or affecting its property, or (iii) any Laws. 
 3. On the date of this Agreement, the outstanding principal sum under the Acquisition Line Term Note is $2,708,337. 
 4. Section 2.1.3(a) of the Financing Agreement is hereby amended in its entirety to read as follows: 
 (a) As used in this Agreement, the term “Borrowing Base” means at any time, an amount equal to the aggregate of
(i) eighty-five percent (85%) of the amount of Eligible Receivables plus (ii) the lesser of (A) fifty-five percent (55%) of the amount of Eligible Inventory or (B) Six Million Dollars ($6,000,000), subject to the
adjustments provided in this Section 2.1, plus (iii) (A) sixty-five percent (65%) of the amount of Eligible Fixed Assets through and including the first anniversary date, and (B) fifty-five percent (55%) of the
amount of Eligible Fixed Assets, thereafter, plus (iv) only for period commencing on May 25, 2007 through and including November 10, 2007, $3,600,000. 
 5. At the time this Agreement is executed and delivered, (a) the Borrowers shall deliver to the Lender incumbency certificates with respect to the
Borrowers’ Responsible Officers, and (b) the Borrowers shall pay to the Lender as part of the Obligations the fees of 

  

 2 

 
Lender’s counsel in the amount of $500 and hereby agree that the Lender may debit TVI’s account for the same. 
 6. The Borrowers hereby issue, ratify and confirm the representations, warranties and covenants contained in the Financing Agreement, as amended hereby.
The Borrowers agree that this Agreement is not intended to and shall not cause a novation with respect to any or all of the Obligations. 
 7. The Borrowers acknowledge and warrant that the Lender has acted in good faith and has conducted in a commercially reasonable manner its relationships with the Borrowers in connection with this Agreement and generally in connection with
the Financing Agreement and the Obligations. Without implying any limitation on the foregoing, the Borrowers acknowledge and agree that they have no defenses, affirmative or otherwise, rights of setoff, rights of recoupment, claims, damages, losses,
counterclaims, actions, causes of action, defenses, or affirmative defenses, all of any kind or nature whatsoever, in law or in equity, whether presently known or unknown (collectively, “Claims”) against the Lender or any past, present or
future agent, attorney, legal representative, predecessor in interest, affiliate, successor, assign, employee, director or officer of the Lender (collectively, the “Lender Group”), directly or indirectly, arising out of, based upon, or in
any manner connected with, any transaction, event, circumstance, action, course of dealing, failure to act, or occurrence of any sort or type, whether known or unknown, which occurred, existed, was taken, permitted, or begun prior to the execution
of this Agreement and occurred, existed, was taken, permitted or begun in accordance with, pursuant to, or by virtue of the Obligations or any of the terms or conditions of the Financing Documents, or which directly or indirectly relate to or arise
out of or in any manner are connected with the Obligations or any of the Financing Documents; provided, however, to the extent any Claims exist or existed, each and all of the same are hereby forever waived, discharged and released, other than
Claims for matters described in the last sentence of Section 2.1.8 for which the applicable period for providing written objections have not expired and other than corrections to balances for the Loans and other Obligations due to clerical
errors. 
 8. The Borrowers shall pay at the time this Agreement is executed and delivered all fees, commissions, costs, charges, taxes and
other expenses incurred by the Lender and its counsel in connection with this Agreement, including, but not limited to, reasonable fees and expenses of the Lender’s counsel and all recording fees, taxes and charges. 
 9. This Agreement and the rights and obligations of the parties hereunder shall be governed by and interpreted in accordance with the Laws of Maryland.

 10. This Agreement is one of the Financing Documents. This Agreement may be executed in any number of duplicate originals or counterparts,
each of such duplicate originals or counterparts shall be deemed to be an original and taken together shall constitute but one and the same instrument. The parties agree that their respective signatures may be delivered by fax or other electronic
means acceptable to the Lender. Any party who chooses to deliver its signature by fax agrees or such other electronic means to provide a counterpart of this Agreement with its inked signature promptly to each other party. 
 Signatures begin on the following page. The rest of this page is intentionally left blank. 
  

 3 

 BORROWERS’ SIGNATURE PAGE TO 
 FOURTH AMENDMENT TO FINANCING AND SECURITY AGREEMENT 
 (Page 1 of 2 Signature Pages)

 IN WITNESS WHEREOF, each of the parties hereto have executed and delivered this Agreement under their respective seals as of the day and
year first written above. 
  

									
	ATTEST:	 		 	TVI CORPORATION	 	
					
	 /s/ Sean R. Hunt
	 		 	By:	 	 /s/ Harley A. Hughes
	 	(Seal)
	Sean R. Hunt	 		 		 	Harley A. Hughes	 	
	Secretary	 		 		 	President and Chief Executive Officer	 	
				
	ATTEST:	 		 	CAPA MANUFACTURING CORP.	 	
					
	 /s/ Sean R. Hunt
	 		 	By:	 	 /s/ Harley A. Hughes
	 	(Seal)
	Sean R. Hunt	 		 		 	Harley A. Hughes,	 	
	Secretary	 		 		 	President	 	
				
	ATTEST:	 		 	SAFETY TECH INTERNATIONAL, INC.	 	
					
	 /s/ Sean R. Hunt
	 		 	By:	 	 /s/ Harley A. Hughes
	 	(Seal)
	Sean R. Hunt	 		 		 	Harley A. Hughes,	 	
	Secretary	 		 		 	President	 	
				
	ATTEST:	 		 	SIGNATURE SPECIAL EVENT SERVICES, INC	 	
					
	 /s/ Sean R. Hunt
	 		 	By:	 	 /s/ Harley A. Hughes
	 	(Seal)
	Sean R. Hunt	 		 		 	Harley A. Hughes,	 	
	Secretary	 		 		 	President	 	

  

 4 

 LENDER’S SIGNATURE PAGE TO 
 FOURTH AMENDMENT TO FINANCING AND SECURITY AGREEMENT 
 (Page 2 of 2 Signature Pages)

 IN WITNESS WHEREOF, each of the parties hereto have executed and delivered this Agreement under their respective seals as of the day and
year first written above. 
  

									
	WITNESS:	 		 	BRANCH BANKING AND TRUST COMPANY
					
	 /s/ Erica Lindlay
	 		 	By:	 	 /s/ Derek T. Whitwer
	 	(Seal)
		 		 		 	Derek T. Whitwer,	 	
		 		 		 	Senior Vice President	 	

  

 5

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