Document:

Directors Compensation NNC

 Exhibit 10.77 
 AMENDED AND RESTATED 
 NORTEL NETWORKS CORPORATION (THE “CORPORATION”) 
 DIRECTORS’ REMUNERATION 
 (Amended
to reflect changes effective January 14, 2009) 
 All information contained in this summary has been previously disclosed or will be disclosed in public
filings of the Corporation. 
  

					
	 	  	 US Dollars
	 
	 CHAIRMAN OF THE BOARD FEE:
	  	$	75,000 per annum	 
		
	 COMMITTEE MEMBER RETAINERS:
	  	$	12,500 per annum	(1)
	 Audit Committee (1)
	  			
	 Nominating and Governance Committee
	  			
	 Compensation and Human Resources Committee (2)
	  			
	 Litigation Committee
	  			
		
	 COMMITTEE CHAIRMAN RETAINER
	  	$	  15,000 per annum	(3)

 Note: 
  

	1.	If on same Nortel Networks Limited (NNL) Committee, Committee member retainer is $6,250 per annum 

  

	2.	Joint committee of the Board of Directors of the Corporation and NNL 

  

	3.	If Chairman of same NNL Committee, Chairman retainer is $7,500 per annum 

 DIRECTORS’ DEFERRED SHARE COMPENSATION PLAN 
 The payment of fees may, at the election of the director, be deferred under the Nortel
Networks Corporation Directors Deferred Share Compensation Plan (the “Plan”). Directors are entitled to elect to receive all or a portion of their fees in the form of share units under the Plan (entitling the Directors to receive an equal
number of common shares of the Corporation), with the remainder of such Fees to be paid in cash. The share units will be settled subject to and in accordance with the Plan upon a Director’s retirement from the Board of Directors. 
 On January 14, 2009, the Canadian Court in the Companies’ Creditors Arrangement Act proceedings (the “CCAA Proceedings”) granted an order
providing that the Corporation and NNL directors are entitled to receive remuneration in cash on a current basis at current compensation levels (less an overall $25,000 reduction) notwithstanding the terms of or elections made under the Plan or the
equivalent NNL plan. The $25,000 reduction has been reflected in the NNL director annual cash board retainer. 

 Note: 
  

	1.	Directors’ fees are paid in quarterly installments at the end of each calendar quarter. 

  

	2.	Directors’ fees generally are not payable to Directors who are salaried employees of the Corporation, NNL or of any of its or their subsidiaries. 

 GROUP LIFE INSURANCE  
 For each
non-employee director in office on or after April 1, 1984, excluding those who are or who have been employees of the Corporation or of any of its subsidiaries, the Corporation shall maintain group life insurance in the amount of CDN$100,000
during tenure of office as such, and in the amount of CDN$75,000 in the event of retirement from such office at an age not less than 65 years or when having served, for not less than 10 years, as a director of the Corporation or any of its
subsidiaries. At the discretion of the Nominating and Governance Committee of the Board of Directors of the Corporation, the Corporation will no longer maintain the life insurance benefit for active directors effective upon the election of directors
at the 2008 annual meeting of shareholders. The Corporation’s obligations with respect to group life insurance are currently being reviewed in the context of the CCAA Proceedings.Directors Compensation NNL

 Exhibit 10.78 
 AMENDED AND RESTATED 
 NORTEL NETWORKS LIMITED (THE “CORPORATION”) 
 DIRECTORS’ REMUNERATION AND RETIREMENT COMPENSATION 
 (Amended to reflect changes effective January 14, 2009) 
 All information contained in this summary has been previously
disclosed, or will be disclosed, in public filings of the Corporation. 
  

					
	 	  	 US Dollars
	 
	 CHAIRMAN OF THE BOARD FEE:
	  	$	75,000 per annum	 
		
	 ANNUAL CASH BOARD RETAINER*:
	  	$	150,000 per annum	(1)
		
	 COMMITTEE MEMBER RETAINERS:
	  	$	12,500 per annum	(2)
	 Audit Committee (2)
	  			
	 Pension Fund Policy Committee
	  			
	 Compensation and Human Resources Committee (3)
	  			
		
	 COMMITTEE CHAIRMAN RETAINER
	  	$	  15,000 per annum	(4)

 Note: 
  

	1.	Payable over four fiscal quarters 

  

	2.	If on same Nortel Networks Corporation Committee (NNC), Committee member retainer is $6,250 per annum 

  

	3.	Joint Committee of the Board of Directors of the Corporation and NNC 

  

	4.	If Chairman of same NNC Committee, Chairman retainer is $7,500 per annum 

 DIRECTORS’ DEFERRED SHARE COMPENSATION PLAN (THE “PLAN”) 
 The payment of fees may, at the election of the director, be
deferred under the Nortel Networks Limited Directors Deferred Share Compensation Plan (the “Plan”). Directors are entitled to elect to receive all or a portion of their fees in the form of share units under the Plan (entitling the
Directors to receive an equal number of common shares of Nortel Networks Corporation), with the remainder of such fees to be paid in cash. The share units will be settled subject to and in accordance with the Plan upon a Director’s retirement
from the Board of Directors. 
 *On January 14, 2009, The Canadian Court in the Companies Creditors Arrangement Act proceedings (the “CCAA
Proceedings”) granted an order providing that the Corporation and NNC’s directors are entitled to receive remuneration in cash on a current basis at current compensation levels (less an overall $25,000 reduction) notwithstanding the terms
of or elections made under the Plan or the equivalent NNC Plan. The $25,000 reduction is reflected above in the annual cash board retainer. 

 Note: 
  

	1.	Directors fees are paid in quarterly installments at the end of each calendar quarter. 

  

	2.	Directors’ fees generally are not payable to Directors who are salaried employees of NNC, the Corporation or of any of its or their subsidiaries. 

 RETIREMENT COMPENSATION 
 DOES NOT APPLY TO DIRECTORS ELECTED
AFTER JANUARY 1, 1996 
 Each non-employee director who shall have retired on or after April 1, 1982 shall be paid retirement compensation
comprising (1) a base element equal to a portion of the board retainer paid at the date of retirement and (2) an indexed element equal to a portion of any excess of the current board retainer from time to time over the board retainer paid
at the date of retirement, as follows: 
  

					
	 	  	Base
Retirement
Compensation*	 	Indexed
Retirement
Compensation**
	 For directors who retired on or after April 1, 1984
	  	75%	 	56.25%
	 For directors who retired prior to April 1, 1984
	  	50%	 	37.5%

 For non-employee directors who retired on or after April 1, 1987, retirement compensation shall be paid in
U.S. funds. 
  

	*	75% of US$27,500 or 75% of the Board retainer fee payable when Director so ceased to hold office as such, whichever is greater; 

  

	**	Percentage of excess of prevailing Board retainer over Board retainer at date of retirement. 

 The retirement compensation shall be paid, during the lifetime of the director or their surviving spouse, for a period equal to the duration of the director’s tenure as a member of the board of directors of the
Corporation or ten (10) years, whichever may be the shorter. The Corporation’s obligations with respect to retirement compensation are currently being reviewed in the context of the CCAA Proceedings.NSPP Resolution

 Exhibit 10.79 
 JOINT MEETING OF THE COMPENSATION AND 
 HUMAN RESOURCES COMMITTEE AND 
 THE BOARDS OF DIRECTORS 
 OF NORTEL
NETWORKS CORPORATION 
 AND NORTEL NETWORKS LIMITED 
 DECEMBER 12, 2008 
 EXTRACT 
 Nortel Networks Corporation and Nortel Networks Limited 
 Nortel
Stock Purchase Plans 
 RESOLVED, That the termination of the Nortel Global Stock Purchase Plan, As Amended and Restated, the Nortel U.S.
Stock Purchase Plan, As Amended and Restated and the Nortel Stock Purchase Plan for Members of the Savings and Retirement Program, As Amended is hereby approved effective December 12, 2008; and 
 RESOLVED, That the Senior Vice-President, Human Resources (or his/her designee) or the Chief Legal Officer (or his/her designee) are authorized to take,
or cause to be taken, all such actions, to determine and pay any required fees and costs and to execute and deliver or file, or cause to be executed and delivered or filed, all such other agreements, instruments and other documents as such officer
deems necessary or desirable to give effect to the foregoing resolutions, the taking of such actions and the execution and delivery or filing of any such documents to be conclusive evidence of the making of any determinations and the granting of any
approvals as may be required under the foregoing resolutions with respect to such actions or documents, and Nortel Networks Corporation (“NNC”) and Nortel Networks Limited (“NNL”) hereby approve, ratify and confirm any such
actions taken, the determination and payment of any such fees and costs and the execution and delivery or filing of such other agreements, instruments and other documents by the proper officer of NNC and NNL in order to give effect to the foregoing.Deferred Compensation Plan

 Exhibit 10.80 
 Third Amendment to the Nortel Networks 
 U.S. Deferred Compensation Plan 
 WHEREAS, Nortel Networks Limited (the “Company”) sponsors the Nortel Networks U.S. Deferred Compensation Plan (the “Plan”) and
has reserved the right in Section 9.3. of the Plan to amend the Plan at any time in its sole discretion; and 
 WHEREAS, the
Company has delegated to the Compensation and Human Resources Committee (the “CHRC”) of the Board of Directors of the Company the right to approve amendments to the Plan at any time in its sole discretion; and 
 WHEREAS, the CHRC desires to amend the provisions of the Plan concerning participation in the Plan for the 2009 Plan Year; and 
 NOW, THEREFORE, the Plan is hereby amended in the following respects, effective as of January 1, 2009: 
 Section 2.3 of the Plan is hereby amended in its entirety to read as follows: 
 “2.3 Cessation of Participation. Active participation in the Plan shall end when a Participant’s employment with all Employers that have
adopted the Plan terminates for any reason or when the Board or the Committee determines, in its sole discretion, to remove such Participant from active participation in the Plan. No contributions to the Plan shall be made with respect to Salary,
Bonuses or Commissions paid after either such termination or removal date. 
 Notwithstanding any other provision of the Plan, (i) no new
Salary, Bonus, and/or Commission Deferral elections shall be permitted from April 1, 2004 to December 31, 2004, with respect to the 2004 Plan Year; (ii) no Salary, Bonus, and/or Commission Deferrals shall be permitted during and for
the 2005 Plan Year, except with respect to Bonuses paid during 2005 for which the Participant elected a deferral prior to December 31, 2004; and (iii) no Salary, Bonus, and/or Commission Deferrals shall be permitted during and for the 2009
Plan Year.” 
 IN WITNESS WHEREOF, this Amendment is hereby executed pursuant to the resolutions
of the Compensation and Human Resources Committee of the Boards of Directors of Nortel Networks Corporation and Nortel Networks Limited dated December 23, 2008 as of the 23rd day of December, 2008, to be effective as of January 1, 2009, except as otherwise indicated herein. 
  

			
	 NORTEL NETWORKS LIMITED

		
	 BY:
	 	 /s/    Gordon A. Davies

	 NAME:
	 	Gordon A. Davies
	 TITLE:
	 	Chief Legal Officer and Corporate Secretary
		
	 BY:
	 	 /s/    Tracy S.J. Connelly McGilley

	 NAME:
	 	Tracy S.J. Connelly McGilley
	 TITLE:
	 	Assistant Secretary

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