Document:

Exhibit 10.4

 Exhibit 10.4 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
 THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this
“Agreement”) is made and entered into as of December 31, 2008 and amends and restates the Employment Agreement (the “Original Employment Agreement”), originally entered into as of June 2, 2008 (the “Effective
Date”), by and between Sprint Nextel Corporation, a Kansas corporation (the “Company”) on behalf of itself and any of its subsidiaries, affiliates and related entities, and Danny L. Bowman (the “Executive”) (the Company and
the Executive, collectively, the “Parties,” and each, a “Party”). Certain capitalized terms are defined in Section 29. 
 WITNESSETH: 
 WHEREAS, the Executive serves as President – iDEN; and 
 WHEREAS, the Executive and the Company desire to amend and restate the Original Employment Agreement as provided herein. 
 NOW, THEREFORE, in consideration of the premises and of the covenants and agreements set forth herein and for other good and valuable consideration, the
sufficiency and receipt of which are hereby acknowledged, the Company and the Executive hereby amend and restate the Original Employment Agreement as follows: 
 1. Employment. 
 (a) The Company will continue to employ the Executive and the Executive will continue
to be employed by the Company upon the terms and conditions set forth herein. 
 (b) The employment relationship between the Company and the
Executive shall be governed by the general employment policies and practices of the Company, including without limitation, those relating to the Company’s Code of Conduct, confidential information and avoidance of conflicts, except that when
the terms of this Agreement differ from or are in conflict with the Company’s general employment policies or practices, this Agreement shall control. 
 2. Term. Subject to termination under Section 9, the Executive’s employment shall be for an initial term of 24 months commencing on the Effective Date and shall continue through the second anniversary
of the Effective Date (the “Initial Employment Term”). At the end of the Initial Employment Term and on each succeeding anniversary of the Effective Date, the Employment Term will be automatically extended by an additional 12 months (each,
a “Renewal Term”), unless, not less than 12 months prior to the end of the Initial Employment Term or any Renewal Term, either the Executive or the Company has given the other written notice (in accordance with Section 20) of
nonrenewal. The Executive shall provide the Company with written notice of his intent to terminate employment with the Company at least 30 days prior to the effective date of such termination. 

 3. Position and Duties of the Executive. 
 (a) The Executive serves as President – iDEN, and agrees to serve as an officer of any enterprise and/or agrees to be an employee of any Subsidiary
as may be requested from time to time by the Board of Directors of the Company (the “Board”), any committee or person delegated by the Board or the Chief Executive Officer of the Company (the “Chief Executive Officer”). In such
capacity, the Executive shall report directly to the Chief Executive Officer of the Company or such other officer of the Company as may be designated by the Chief Executive Officer. The Executive shall have such duties, responsibility and authority
as may be assigned to the Executive from time to time by the Chief Executive Officer, the Board or such other officer of the Company as may be designated by the Chief Executive Officer or the Board. 
 (b) During the Employment Term, the Executive shall, except as may from time to time be otherwise agreed to in writing by the Company, during reasonable
vacations (as set forth in Section 7 hereof) and authorized leave and except as may from time to time otherwise be permitted pursuant to Section 3(c), devote his best efforts, full attention and energies during his normal working time to
the business of the Company, any duties as may be delineated in the Company’s Bylaws for the Executive’s position and title and such other related duties and responsibilities as may from time to time be reasonably prescribed by the Board,
any committee or person designated by the Board, or the Chief Executive Officer, in each case, within the framework of the Company’s policies and objectives. 
 (c) During the Employment Term, and provided that such activities do not contravene the provisions of Section 3(a) or Sections 10, 11, 12 or 13 hereof and, provided further, the Executive does not engage
in any other substantial business activity for gain, profit or other pecuniary advantage which materially interferes with the performance of his duties hereunder, the Executive may participate in any governmental, educational, charitable or other
community affairs and, subject to the prior approval of the Chief Executive Officer serve as a member of the governing board of any such organization or any private or public for-profit company. The Executive may retain all fees and other
compensation from any such service, and the Company shall not reduce his compensation by the amount of such fees. 
 4. Compensation.

 (a) Base Salary. During the Employment Term, the Company shall pay to the Executive an annual base salary as of the Effective Date,
subject to this Section 4(a), of $325,000 (the “Base Salary”), which Base Salary shall be payable at the times and in the manner consistent with the Company’s general policies regarding compensation of the Company’s senior
executives. The Base Salary will be reviewed periodically by the Compensation Committee and may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time
in the Compensation Committee’s sole discretion. 
 (b) Incentive Compensation. The Executive will continue to be eligible to
participate in any short-term and long-term incentive compensation plans, annual bonus plans and such other management incentive programs or arrangements of the Company approved by the Board that are generally available to the Company’s senior
executives, including, but not limited to, the STIP and the LTSIP. Incentive compensation shall be paid in accordance with the terms and conditions of the applicable plans, programs and arrangements. 
  

					
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 (i) Annual Performance Bonus. During the Employment Term, the Executive shall
continue to be entitled to participate in the STIP, with such opportunities as may be determined by the Compensation Committee in its sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for
across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus
Award”). 
 (ii) Long-Term Performance Bonus. During the Employment Term, the Executive shall continue to be
entitled to participate in the LTSIP with such opportunities, if any, as may be determined by the Compensation Committee (“LTSIP Target Award Opportunities”). 
 (iii) Incentive bonuses, if earned, shall be paid when incentive compensation is customarily paid to the Company’s senior executives
in accordance with the terms of the applicable plans, programs or arrangements. 
 (iv) Pursuant to the Company’s
applicable incentive or bonus plans as in effect from time to time, the Executive’s incentive compensation during the term of this Agreement may be determined according to criteria intended to qualify as performance-based compensation under
Section 162(m) of the Code. 
 (c) Equity Compensation. The Executive shall continue to be eligible to participate in such equity
incentive compensation plans and programs as the Company generally provides to its senior executives, including, but not limited to, the LTSIP. During the Employment Term, the Compensation Committee may, in its sole discretion, grant equity awards
to the Executive, which would be subject to the terms of the respective award agreements evidencing such grants and the applicable plan or program; provided, however, that, notwithstanding the terms in such award agreements, if the
Company completes a transaction in which substantially all of the iDEN network or related assets held on the Effective Date by Nextel Communication, Inc. and its subsidiaries are sold, spun-off, or otherwise disposed of, the Executive will be
entitled to accelerated vesting of any unvested stock options, restricted stock units (RSUs), or similar outstanding awards, and payment thereof, on the date on which, if, and only if, such acquirer (i) does not hire the Executive and the
Executive’s employment is terminated by the Company without Cause or the Executive terminates his employment hereunder for Good Reason, or (ii) hires the Executive but has not assumed, converted, or replaced such options, RSUs, or similar
outstanding awards, and with respect to such equity awards that constitute deferred compensation within the meaning of Section 409A of the Code, the applicable event described in (i) or (ii) also constitutes a Separation from Service
(except that if the Executive is a Specified Employee, with respect to any amount payable by reason of the Separation from Service that constitutes deferred compensation within the meaning of Section 409A of the Code payment will not be made
until the earlier to occur of (x) the first day of the seventh month following the date of the Executive’s Separation from Service, (y) the date of the Executive’s death, or (z) the scheduled payment date of the award).

  

					
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 5. Benefits. 
 (a) During the Employment Term, the Company shall make available to the Executive, subject to the terms and conditions of the applicable plans, participation for the Executive and his eligible dependents in:
(i) Company-sponsored group health, major medical, dental, vision, pension and profit sharing, 401(k) and employee welfare benefit plans, programs and arrangements (the “Employee Plans”) and such other usual and customary benefits in
which senior executives of the Company participate from time to time, and (ii) such fringe benefits and perquisites as may be made available to senior executives of the Company as a group. 
 (b) The Executive acknowledges that the Company may change its benefit programs from time to time, which may result in certain benefit programs being
amended or terminated for its senior executives generally. 
 6. Expenses. The Company shall pay or reimburse the Executive for
reasonable and necessary business expenses incurred by the Executive in connection with his duties on behalf of the Company in accordance with the Company’s Enterprise Financial Services—Employee Travel and Expense Policy, as may be
amended from time to time, or any successor policy, plan, program or arrangement thereto and any other of its expense policies applicable to senior executives of the Company, following submission by the Executive of reimbursement expense forms in a
form consistent with such expense policies. 
 7. Vacation. In addition to such holidays, sick leave, personal leave and other paid
leave as is allowed under the Company’s policies applicable to senior executives generally, the Executive shall be entitled to participate in the Company’s vacation policy in accordance with the Company’s policy generally applicable
to senior executives. The duration of such vacations and the time or times when they shall be taken will be determined by the Executive in consultation with the Company. 
 8. Place of Performance. In connection with his employment by the Company, the Executive shall be based at the principal executive offices of the Company in the vicinity of Overland Park, Kansas (the
“Place of Performance”), except for travel reasonably required for Company business. If the Company relocates the Executive’s place of work more than 50 miles from his place of work prior to such relocation, the Executive shall
relocate to a residence within (a) 50 miles of such relocated executive offices or (b) such total miles that does not exceed the total number of miles the Executive commuted to his place of work prior to relocation of the Executive’s
place of work. To the extent the Executive relocates his residence as provided in this Section 8, the Company will pay or reimburse the Executive’s relocation expenses in accordance with the Company’s relocation policy applicable to
senior executives. 
 9. Termination. 
 (a) Termination by the Company for Cause or Resignation by the Executive Without Good Reason. If, during the Employment Term, the Executive’s employment is terminated by the Company for Cause, or if the
Executive resigns without Good Reason, the 
  

					
	Bowman Employment Agreement	  	-4-	  	

 Executive shall not be eligible to receive Base Salary or to participate in any Employee Plans with respect to future
periods after the date of such termination or resignation except for the right to receive accrued but unpaid cash compensation and vested benefits under any Employee Plan in accordance with the terms of such Employee Plan and applicable law.

 (b) Termination by the Company Without Cause or Resignation by the Executive for Good Reason outside of the CIC Severance Protection
Period. If, during the Employment Term, the Executive’s employment is terminated by the Company without Cause or the Executive terminates for Good Reason prior to or following expiration of the CIC Severance Protection Period and such
termination constitutes a Separation from Service or the Executive is entitled to severance compensation and benefits under this Section 9(b) pursuant to the provisions of Section 9(c), the Executive shall be entitled to receive from the
Company: (1) the Executive’s accrued, but unpaid, Base Salary through the date of termination of employment, payable in accordance with the Company’s normal payroll practices, and (2) conditioned upon the Executive executing a
Release within the Release Consideration Period and delivering it to the Company with the Release Revocation Period expired without revocation, and in full satisfaction of the Executive’s rights and any benefits the Executive might be entitled
to under the Separation Plan and this Agreement, unless otherwise specified herein: 
 (i) periodic payments equal to his Base Salary in effect prior to the termination of his employment, which payments shall be paid to the Executive in equal installments on the regular payroll dates under the
Company’s payroll practices applicable to the Executive on the date of this Agreement for the Payment Period, except that (A) if the Release Consideration and Revocation Period ends on or after December 15th of the calendar year of the Executive’s Separation from Service, such installments that are otherwise payable in the calendar year of the
Executive’s Separation from Service shall be paid in a lump sum on the first business day of the following calendar year or (B) if the Executive is a Specified Employee, with respect to any amount payable by reason of the Separation from
Service that constitutes deferred compensation within the meaning of Section 409A of the Code, such installments shall not commence until after the end of the six continuous month period following the date of the Executive’s Separation
from Service, in which case, the Executive shall be paid a lump sum cash payment equal to the aggregate amount of the missed installments during such period on the first day of the seventh month following the date of the Executive’s Separation
from Service; 
 (ii) (A) receive a pro rata payment of the Bonus Award for the portion of the Company’s current fiscal
year prior to the date of termination of his employment; (B) receive a pro rata payment of the Capped Bonus Award for the portion of the Company’s current fiscal year following the date of termination of his employment; (C) receive
for the next fiscal year following the fiscal year during which termination of his employment occurs, the Capped Bonus Award; and (D) receive payment of a pro rata portion of the Capped Bonus Award for the second year following the fiscal year
during which the Executive’s employment terminates (for purposes of this Section 9(b)(ii), any pro rata payment shall be 
  

					
	Bowman Employment Agreement	  	-5-	  	

 determined based on the methodology for
determining pro rated awards under the STIP, each such payment shall be payable in accordance with the provisions of the STIP in the calendar year in which the Bonus Award or each Capped Bonus Award, as applicable, is determined, and in all events,
not later than December 31st of the year in which each such award is determined); provided, however, that to the extent the
Executive’s employment is terminated for Good Reason due to a reduction of the Executive’s Target Bonus, in accordance with Section 29(x)(ii), the Executive’s Target Bonus for the purposes of this Section 9(b)(ii) shall be
the Executive’s Target Bonus immediately prior to such reduction; 
 (iii) from the date of Separation from Service,
continue participation in the Company’s group health plans at then-existing participation and coverage levels for the number of months equal to the period of continuation coverage the Executive would be entitled to pursuant to
Section 4980B of the Code, in accordance with Section 409A of the Code, comparable to the terms in effect from time to time for the Company’s senior executives, including any co-payment and premium payment requirements and the Company
shall deduct from each payment payable to the Executive pursuant to Section 9(b)(i), the amount of any employee contributions necessary to maintain such coverage for such period, except that (A) subject to Section 9(b)(iv), following
such period, the Executive shall retain any rights to continue coverage under the Company’s group health plans under the benefits continuation provisions pursuant to Section 4980B of the Code by paying the applicable premiums of such
plans; and (B) the Executive shall no longer be eligible to receive the benefits otherwise receivable pursuant to this Section 9(b)(iii) as of the date that the Executive becomes eligible to receive comparable benefits from a new employer;

 (iv) continued participation at the Executive’s sole cost in the Company’s group health plans at then-existing
participation and coverage levels for the remainder of the Payment Period following the period of continuation coverage the Executive would be entitled to, if any, pursuant to Section 9(b)(iii) above, in accordance with Section 409A of the
Code, comparable to the terms in effect from time to time for the Company’s senior executives, but only to the extent that the Executive makes a payment to the Company in an amount equal to the monthly premium payments (both the employee and
employer portions) required to maintain such comparable coverage on or before the first day of each calendar month commencing with the first calendar month of the six-month period following the period of continuation coverage specified in
Section 9(b)(iii), and the Company shall reimburse the Executive, in accordance with the terms of Section 6 hereof, for the amount of such premiums, if any, in excess of any employee contributions necessary to maintain such coverage,
except that (A) following such period, the Executive shall retain any rights to continue coverage under the Company’s group health plans under the benefits continuation provisions pursuant to Section 4980B of the Code by paying the
applicable premiums of such plans; and (B) the Executive shall no longer be eligible to receive the benefits otherwise receivable pursuant to this Section 9(b)(iv) as of the date that the Executive becomes eligible to receive comparable
benefits from a new employer; 
  

					
	Bowman Employment Agreement	  	-6-	  	

 (v) continue participation in the Company’s employee life insurance plans at
then-existing participation and coverage levels for the Payment Period, comparable to the terms in effect from time to time for the Company’s senior executives, including any co-payment and premium payment requirements and the Company shall
deduct from each payment payable to the Executive pursuant to Section 9(b)(i), the amount of any employee contributions necessary to maintain such coverage for such period, except that the Executive shall no longer be eligible to receive the
benefits otherwise receivable pursuant to this Section 9(b)(v) as of the date that the Executive becomes eligible to receive comparable benefits from a new employer; and 
 (vi) receive outplacement services by a firm selected by the Company at its expense
in an amount not to exceed $35,000; provided, however, that all such outplacement services must be completed, and all payments by the Company must be made, by December 31st of the second calendar year following the calendar year in which the Executive’s Separation from Service occurs. 
 Notwithstanding anything in this Section 9(b) to the contrary, to the extent the Executive has not executed the Release within the Release Consideration Period and delivered it to the Company, or has revoked the executed Release within
the Release Revocation Period, as determined at the conclusion of such Release Revocation Period, the Executive will forfeit any right to receive the payments and benefits specified in this Section 9(b). 
 (c) Termination by the Company Without Cause or Resignation by the Executive for Good Reason During the CIC Severance Protection Period. Subject
to (i)-(iv) below, if the Executive’s employment is terminated by the Company without Cause, or the Executive terminates employment for Good Reason, before the Employment Term expires and during the CIC Severance Protection Period, and the
termination constitutes a Separation from Service, subject to the terms of the CIC Severance Plan, the Executive will become entitled to severance compensation and benefits under the CIC Severance Plan as of (x) the date the Separation from
Service occurs, or (y) in the event of a Pre-CIC Termination, the date the Change in Control occurs, as of which date all rights to severance benefits under this Agreement will cease. 
 (i) The CIC Severance Plan will not apply and the Executive will be entitled to severance compensation and benefits under
Section 9(b) of this Agreement if (x) as of his Separation from Service, the Executive is not a Participant in, or (y) the Executive is otherwise not entitled to severance compensation and benefits under, the CIC Severance Plan.

 (ii) If the Executive is entitled to severance benefits under the CIC Severance Plan as a result of a Pre-CIC Termination,
any benefits payable before the Change in Control will be paid under this Agreement and any additional benefits payable after the Change in Control will be paid under the CIC Severance Plan. 
  

					
	Bowman Employment Agreement	  	-7-	  	

 (iii) In no event may there be duplication of benefits under this Agreement and the CIC
Severance Plan. 
 (iv) The terms “Change in Control” and “Pre-CIC Termination” are defined in the CIC
Severance Plan. 
 (d) Termination by Death. If the Executive dies during the Employment Term, the Executive’s employment will
terminate and the Executive’s beneficiary or if none, the Executive’s estate, shall be entitled to receive from the Company, the Executive’s accrued, but unpaid, Base Salary through the date of termination of employment and any vested
benefits under any Employee Plan in accordance with the terms of such Employee Plan and applicable law. 
 (e) Termination by
Disability. If the Executive becomes Disabled, prior to the expiration of the Employment Term, the Executive’s employment will terminate, and provided that such termination constitutes a Separation from Service, the Executive shall be
entitled to: 
 (i) receive periodic payments equal to his Base Salary in effect prior to the termination of his employment,
which payments shall be paid to the Executive in equal installments on the regular payroll dates under the Company’s payroll practices applicable to the Executive on the date of this Agreement for 12 months (reduced by any amounts paid under a
long-term disability plan (“LTD Plan”) now or hereafter sponsored by the Company (calculated on a monthly basis)) commencing on the Separation from Service date; provided, however, that in the event that the Executive is a
Specified Employee, any such payments that constitute deferred compensation within the meaning of Section 409A of the Code will not commence until earliest to occur of (A) the first business day of the seventh month following the date of
the Executive’s Separation from Service or (B) death, except that the Executive on such date will be paid a lump-sum cash payment equal to the aggregate amount of any such payments that constitute deferred compensation within the meaning
of Section 409A of the Code that the Executive would have been entitled to receive during the six-month period following the Executive’s Separation from Service, and the Executive shall receive the remaining payments for six months payable
in equal installments on the regular payroll dates under the Company’s payroll practices applicable to the Executive on the date of this Agreement commencing on the first business day of the seventh month following the date of the
Executive’s Separation from Service; and 
 (ii) continue participation in the Company’s group health plans at
then-existing participation and coverage levels for 12 months (measured from the Executive’s Separation from Service), comparable to the terms in effect from time to time for the Company’s senior executives, including any co-payment and
premium payment requirements; provided, however, that if the Executive would 
  

					
	Bowman Employment Agreement	  	-8-	  	

 not be eligible for participation under the Company’s group health plans but for this
Section 9(e)(ii), such continued participation will be at the Executive’s sole cost and only to the extent the Executive makes a payment to the Company in an amount equal to the monthly premium payments (both the employee and the employer
portions) required to maintain such comparable coverage on or before the first day of each calendar month of such coverage, and the Company shall reimburse the Executive, in accordance with the terms of Section 6 hereof, for the amount of such
premiums. 
 (f) No Mitigation Obligation. No amounts paid under Section 9 will be reduced by any earnings that
the Executive may receive from any other source. The Executive’s coverage under the Company’s medical, dental, vision and employee life insurance plans will terminate as of the date that the Executive is eligible for comparable benefits
from a new employer. The Executive shall notify the Company within 30 days after becoming eligible for coverage of any such benefits. 
 (g) Forfeiture. Notwithstanding the foregoing, any right of the Executive to receive termination payments and benefits hereunder shall be forfeited to the extent of any amounts payable after any breach of
Section 10, 11, 12, 13 or 15 by the Executive. 
 10. Confidential Information; Statements to Third Parties. 
 (a) During the Employment Term and on a permanent basis upon and following termination of the Executive’s employment, the Executive acknowledges
that: 
 (i) all information, whether or not reduced to writing (or in a form from which information can be obtained,
translated, or derived into reasonably usable form) or maintained in the mind or memory of the Executive and whether compiled or created by the Company, any of its Subsidiaries or any affiliates of the Company or its Subsidiaries (collectively, the
“Company Group”), which derives independent economic value from not being readily known to or ascertainable by proper means by others who can obtain economic value from the disclosure or use of such information, of a proprietary, private,
secret or confidential (including, without exception, inventions, products, processes, methods, techniques, formulas, compositions, compounds, projects, developments, sales strategies, plans, research data, clinical data, financial data, personnel
data, computer programs, customer and supplier lists, trademarks, service marks, copyrights (whether registered or unregistered), artwork, and contacts at or knowledge of customers or prospective customers) nature concerning the Company Group’s
business, business relationships or financial affairs (collectively, “Proprietary Information”) shall be the exclusive property of the Company Group; 
 (ii) the Proprietary Information of the Company Group gained by the Executive during the Executive’s association with the Company
Group was or will be developed by and/or for the Company Group through substantial expenditure of time, effort and money and constitutes valuable and unique property of the Company Group; 
  

					
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 (iii) reasonable efforts have been put forth by the Company Group to maintain the secrecy
of its Proprietary Information; 
 (iv) such Proprietary Information is and will remain the sole property of the Company
Group; and 
 (v) any retention or use by the Executive of Proprietary Information after the termination of the
Executive’s services for the Company Group will constitute a misappropriation of the Company Group’s Proprietary Information. 
 (b) The Executive further acknowledges and agrees that he will take all affirmative steps reasonably necessary or required by the Company to protect the Proprietary Information from inappropriate disclosure during and after his employment
with the Company. 
 (c) The Executive further agrees that all files, letters, memoranda, reports, records, data, sketches, drawings,
laboratory notebooks, program listings, or other written, photographic, electronic, or other tangible material containing or constituting Proprietary Information, whether created by the Executive or others, which shall come into his custody or
possession, regardless of medium, shall be and are the exclusive property of the Company to be used by him only in the performance of his duties for the Company. All such materials or copies thereof and all tangible things and other property of the
Company Group in the Executive’s custody or possession shall be delivered to the Company (to the extent the Executive has not already returned) in good condition, on or before five business days subsequent to the earlier of: (i) a request
by the Company or (ii) the Executive’s termination of employment for any reason or Cause, including for nonrenewal of this Agreement, Disability, termination by the Company or termination by the Executive. After such delivery, the
Executive shall not retain any such materials or portions or copies thereof or any such tangible things and other property and shall execute any statements or affirmations of compliance under oath that the Company may require. 
 (d) The Executive further agrees that his obligation not to disclose or to use information and materials of the types set forth in Sections 10(a), 10(b)
and 10(c) above, and his obligation to return materials and tangible property, set forth in Section 10(c) above, also extends to such types of information, materials and tangible property of customers of the Company Group, consultants for the
Company Group, suppliers to the Company Group, or other third parties who may have disclosed or entrusted the same to the Company Group or to the Executive. 
 (e) The Executive further acknowledges and agrees that he will continue to keep in strict confidence, and will not, directly or indirectly, at any time, disclose, furnish, disseminate, make available, use or suffer to
be used in any manner any Proprietary Information of the Company Group without limitation as to when or how the Executive may have acquired such Proprietary Information and that he will not disclose any Proprietary Information to any person or
entity other than appropriate employees of the Company or use the same for any purposes (other than in the performance of his duties as an employee of the Company) without written approval of the Board, either during or after his employment with the
Company. 
  

					
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 (f) Further the Executive acknowledges that his obligation of confidentiality will survive, regardless of
any other breach of this Agreement or any other agreement, by any party hereto, until and unless such Proprietary Information of the Company Group has become, through no fault of the Executive, generally known to the public. In the event that the
Executive is required by law, regulation, or court order to disclose any of the Company Group’s Proprietary Information, the Executive will promptly notify the Company prior to making any such disclosure to facilitate the Company seeking a
protective order or other appropriate remedy from the proper authority. The Executive further agrees to cooperate with the Company in seeking such order or other remedy and that, if the Company is not successful in precluding the requesting legal
body from requiring the disclosure of the Proprietary Information, the Executive will furnish only that portion of the Proprietary Information that is legally required, and the Executive will exercise all legal efforts to obtain reliable assurances
that confidential treatment will be accorded to the Proprietary Information. 
 (g) The Executive’s obligations under this
Section 10 are in addition to, and not in limitation of, all other obligations of confidentiality under the Company’s policies, general legal or equitable principles or statutes. 
 (h) During the Employment Term and following his termination of employment: 
 (i) the Executive shall not, directly or indirectly, make or cause to be made any statements, including but not limited to, comments in
books or printed media, to any third parties criticizing or disparaging the Company Group or commenting on the character or business reputation of the Company Group. Without the prior written consent of the Board, unless otherwise required by law,
the Executive shall not (A) publicly comment in a manner adverse to the Company Group concerning the status, plans or prospects of the business of the Company Group or (B) publicly comment in a manner adverse to the Company Group
concerning the status, plans or prospects of any existing, threatened or potential claims or litigation involving the Company Group; 
 (ii) the Company shall comply with its policies regarding public statements with respect to the Executive and any such statements shall be deemed to be made by the Company only if made or authorized by a member of the Board or a senior
executive officer of the Company; and 
 (iii) nothing herein precludes honest and good faith reporting by the Executive to
appropriate Company or legal enforcement authorities. 
 (i) The Executive acknowledges and agrees that a violation of the foregoing
provisions of this Section 10 would cause irreparable harm to the Company Group, and that the Company’s remedy at law for any such violation would be inadequate. In recognition of the foregoing, the Executive agrees that, in addition to
any other relief afforded by law or this 
  

					
	Bowman Employment Agreement	  	-11-	  	

 Agreement, including damages sustained by a breach of this Agreement and any forfeitures under Section 9(g), and
without the necessity or proof of actual damages, the Company shall have the right to enforce this Agreement by specific remedies, which shall include, among other things, temporary and permanent injunctions, it being the understanding of the
undersigned parties hereto that damages, the forfeitures described above and injunctions shall all be proper modes of relief and are not to be considered as alternative remedies. 
 11. Non-Competition. In consideration of the Company entering into this Agreement, for a period commencing on the Effective Date and ending on the
expiration of the Restricted Period: 
 (a) The Executive covenants and agrees that the Executive will not, directly or indirectly, engage in
any activities on behalf of or have an interest in any Competitor of the Company Group, whether as an owner, investor, executive, manager, employee, independent consultant, contractor, advisor, or otherwise. The Executive’s ownership of less
than one percent (1%) of any class of stock in a publicly traded corporation shall not be a breach of this paragraph. 
 (b) A
“Competitor” is any entity doing business directly or indirectly (e.g., as an owner, investor, provider of capital or otherwise) in the United States including any territory of the United States (the “Territory”) that provides
products and/or services that are the same or similar to the products and/or services that are currently being provided at the time of Executive’s termination or that were provided by the Company Group during the two-year period prior to the
Executive’s separation from service with the Company Group. 
 (c) The Executive acknowledges and agrees that due to the continually
evolving nature of the Company Group’s industry, the scope of its business and/or the identities of Competitors may change over time. The Executive further acknowledges and agrees that the Company Group markets its products and services on a
nationwide basis, encompassing the Territory and that the restrictions imposed by this covenant, including the geographic scope, are reasonably necessary to protect the Company Group’s legitimate interests. 
 (d) The Executive covenants and agrees that should a court at any time determine that any restriction or limitation in this Section 11 is
unreasonable or unenforceable, it will be deemed amended so as to provide the maximum protection to the Company Group and be deemed reasonable and enforceable by the court. 
 12. Non-Solicitation. In consideration of the Company entering into this Agreement, for a period commencing on the Effective Date and ending on
the expiration of the Restricted Period, the Executive hereby covenants and agrees that he shall not, directly or indirectly, individually or on behalf of any other person or entity do or suffer any of the following: 
 (a) hire or employ or assist in hiring or employing any person who was at any time during the last 18 months of the Executive’s employment an
employee, representative or agent of any member of the Company Group or solicit, aid, induce or attempt to solicit, aid, induce or persuade, directly or indirectly, any person who is an employee, representative, or agent of any member of the Company
Group to leave his or her employment with any member of the Company Group to accept employment with any other person or entity; 
  

					
	Bowman Employment Agreement	  	-12-	  	

 (b) induce any person who is an employee, officer or agent of the Company Group, or any of its
affiliated, related or subsidiary entities to terminate such relationship; 
 (c) solicit any customer of the Company Group, or any person or
entity whose business the Company Group had solicited during the 180-day period prior to termination of the Executive’s employment for purposes of business which is competitive to the Company Group within the Territory; or 
 (d) solicit, aid, induce, persuade or attempt to solicit, aid, induce or persuade any person or entity to take any action that would result in a Change
in Control of the Company or to seek to control the Board in a material manner. 
 (e) For purposes of this Section 12, the term
“solicit or persuade” includes, but is not limited to, (i) initiating communications with an employee of the Company Group relating to possible employment, (ii) offering bonuses or additional compensation to encourage an employee
of the Company Group to terminate his employment, (iii) referring employees of the Company Group to personnel or agents employed by competitors, suppliers or customers of the Company Group, and (iv) initiating communications with any
person or entity relating to a possible Change in Control. 
 13. Developments. 
 (a) The Executive acknowledges and agrees that he will make full and prompt disclosure to the Company of all inventions, improvements, discoveries,
methods, developments, software, mask works, and works of authorship, whether patentable or copyrightable or not, (i) which relate to the Company’s business and have heretofore been created, made, conceived or reduced to practice by the
Executive or under his direction or jointly with others, and not assigned to prior employers, or (ii) which have utility in or relate to the Company’s business and are created, made, conceived or reduced to practice by the Executive or
under his direction or jointly with others during his employment with the Company, whether or not during normal working hours or on the premises of the Company (all of the foregoing of which are collectively referred to in this Agreement as
“Developments”). 
 (b) The Executive further agrees to assign and does hereby assign to the Company (or any person or entity
designated by the Company) all of the Executive’s rights, title and interest worldwide in and to all Developments and all related patents, patent applications, copyrights and copyright applications, and any other applications for registration
of a proprietary right. This Section 13(b) shall not apply to Developments that the Executive developed entirely on his own time without using the Company’s equipment, supplies, facilities, or Proprietary Information and that does not, at
the time of conception or reduction to practice, have utility in or relate to the Company’s business, or actual or demonstrably anticipated research or development. The Executive understands that, to the extent this Agreement shall be construed
in accordance with the laws of any Territory which precludes a requirement in an employee agreement to assign certain classes of inventions made by an employee, this Section 13(b) shall be interpreted not to apply to any invention which a court
rules or the Company agrees falls within such classes. 
  

					
	Bowman Employment Agreement	  	-13-	  	

 (c) The Executive further agrees to cooperate fully with the Company, both during and after his
employment with the Company, with respect to the procurement, maintenance and enforcement of copyrights, patents and other intellectual property rights (both in the United States and other countries) relating to Developments. The Executive shall not
be required to incur or pay any costs or expenses in connection with the rendering of such cooperation. The Executive will sign all papers, including, without limitation, copyright applications, patent applications, declarations, oaths, formal
assignments, assignments of priority rights, and powers of attorney, and do all things that the Company may reasonably deem necessary or desirable in order to protect its rights and interests in any Development. 
 (d) The Executive further acknowledges and agrees that if the Company is unable, after reasonable effort, to secure the Executive’s signature on any
such papers, any executive officer of the Company shall be entitled to execute any such papers as the Executive’s agent and attorney-in-fact, and the Executive hereby irrevocably designates and appoints each executive officer of the Company as
his agent and attorney-in-fact to execute any such papers on the Executive’s behalf, and to take any and all actions as the Company may deem necessary or desirable in order to protect its rights and interests in any Development, under the
conditions described in this sentence. 
 14. Remedies. The Executive and the Company agree that the covenants contained in Sections
10, 11, 12 and 13 are reasonable under the circumstances, and further agree that if in the opinion of any court of competent jurisdiction any such covenant is not reasonable in any respect, such court will have the right, power and authority to
sever or modify any provision or provisions of such covenants as to the court will appear not reasonable and to enforce the remainder of the covenants as so amended. The Executive acknowledges and agrees that the remedy at law available to the
Company for breach of any of the Executive’s obligations under Sections 10, 11, 12 and 13 would be inadequate and that damages flowing from such a breach may not readily be susceptible to being measured in monetary terms. Accordingly, the
Executive acknowledges, consents and agrees that, in addition to any other rights or remedies that the Company may have at law, in equity or under this Agreement, upon adequate proof of the Executive’s violation of any such provision of this
Agreement, the Company will be entitled to immediate injunctive relief and may obtain a temporary order restraining any threatened or further breach, without the necessity of proof of actual damage. Without limiting the applicability of this
Section 14 or in any way affecting the right of the Company to seek equitable remedies hereunder, in the event that the Executive breaches any of the provisions of Sections 10, 11, 12 or 13 or engages in any activity that would constitute a
breach save for the Executive’s action being in a state where any of the provisions of Sections 10, 11, 12, 13 or this Section 14 is not enforceable as a matter of law, then the Company’s obligation to pay any remaining severance
compensation and benefits that has not already been paid to Executive pursuant to Section 9 shall be terminated and within ten days of notice of such termination of payment, the Executive shall return all severance compensation and the value of
such benefits, or profits derived or received from such benefits. 
  

					
	Bowman Employment Agreement	  	-14-	  	

 15. Continued Availability and Cooperation. 
 (a) Following termination of the Executive’s employment, the Executive shall cooperate fully with the Company and with the Company’s counsel in
connection with any present and future actual or threatened litigation, administrative proceeding or investigation involving the Company that relates to events, occurrences or conduct occurring (or claimed to have occurred) during the period of the
Executive’s employment by the Company. Cooperation will include, but is not limited to: 
 (i) making himself reasonably
available for interviews and discussions with the Company’s counsel as well as for depositions and trial testimony; 
 (ii) if depositions or trial testimony are to occur, making himself reasonably available and cooperating in the preparation therefore, as and to the extent that the Company or the Company’s counsel reasonably requests; 
 (iii) refraining from impeding in any way the Company’s prosecution or defense of such litigation or administrative proceeding; and

 (iv) cooperating fully in the development and presentation of the Company’s prosecution or defense of such litigation
or administrative proceeding. 
 (b) The Company will reimburse the Executive for reasonable travel, lodging, telephone and similar expenses,
as well as reasonable attorneys’ fees (if independent legal counsel is necessary), incurred in connection with any cooperation, consultation and advice rendered under this Agreement after the Executive’s termination of employment.

 16. Dispute Resolution. 
 (a) In the event that the Parties are unable to resolve any controversy or claim arising out of or in connection with this Agreement or breach thereof, either Party shall refer the dispute to binding arbitration, which shall be the
exclusive forum for resolving such claims. Such arbitration will be administered by Judicial Arbitration and Mediation Services, Inc. (“JAMS”) pursuant to its Employment Arbitration Rules and Procedures and governed by Kansas law. The
arbitration shall be conducted by a single arbitrator selected by the Parties according to the rules of JAMS. In the event that the Parties fail to agree on the selection of the arbitrator within 30 days after either Party’s request for
arbitration, the arbitrator will be chosen by JAMS. The arbitration proceeding shall commence on a mutually agreeable date within 90 days after the request for arbitration, unless otherwise agreed by the Parties, and in the location where the
Executive worked during the six months immediately prior to the request for arbitration if that location is in Kansas or Virginia, and if not, the location will be Kansas, unless the Parties agree otherwise. 
 (b) The Parties agree that each will bear their own costs and attorneys’ fees. The arbitrator shall not have authority to award attorneys’ fees
or costs to any Party. 
  

					
	Bowman Employment Agreement	  	-15-	  	

 (c) The arbitrator shall have no power or authority to make awards or orders granting relief that would
not be available to a Party in a court of law. The arbitrator’s award is limited by and must comply with this Agreement and applicable federal, state, and local laws. The decision of the arbitrator shall be final and binding on the Parties.

 (d) Notwithstanding the foregoing, no claim or controversy for injunctive or equitable relief contemplated by or allowed under applicable
law pursuant to Sections 10, 11, 12 and 13 of this Agreement will be subject to arbitration under this Section 16, but will instead be subject to determination in a court of competent jurisdiction in Kansas, which court shall apply Kansas law
consistent with Section 21 of this Agreement, where either Party may seek injunctive or equitable relief. 
 17. Other
Agreements. No agreements (other than the agreements evidencing any grants of equity awards) or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not
expressly set forth in this Agreement. Each party to this Agreement acknowledges that no representations, inducements, promises, or other agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party,
pertaining to the subject matter hereof, which are not embodied herein, and that no prior and/or contemporaneous agreement, statement or promise pertaining to the subject matter hereof that is not contained in this Agreement shall be valid or
binding on either party. 
 18. Withholding of Taxes. The Company will withhold from any amounts payable under this Agreement all
federal, state, city or other taxes as the Company is required to withhold pursuant to any law or government regulation or ruling. 
 19.
Successors and Binding Agreement. 
 (a) The Company will require any successor (whether direct or indirect, by purchase, merger,
consolidation, reorganization or otherwise) to all or substantially all of the business or assets of the Company expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company would be required to
perform if no such succession had taken place. This Agreement will be binding upon and inure to the benefit of the Company and any successor to the Company, including without limitation any persons acquiring directly or indirectly all or
substantially all of the business or assets of the Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor shall thereafter be deemed the “Company” for the purposes of this Agreement), but will
not otherwise be assignable, transferable or delegable by the Company, except that the Company may assign and transfer this Agreement and delegate its duties thereunder to a wholly owned Subsidiary. 
 (b) This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators,
successors, heirs, distributees and legatees. 
 (c) This Agreement is personal in nature and neither of the parties hereto shall, without
the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in Sections 19(a) and 19(b). Without 
  

					
	Bowman Employment Agreement	  	-16-	  	

 limiting the generality or effect of the foregoing, the Executive’s right to receive payments hereunder will not be
assignable, transferable or delegable, whether by pledge, creation of a security interest, or otherwise, other than by a transfer by the Executive’s will or by the laws of descent and distribution and, in the event of any attempted assignment
or transfer contrary to this Section 19(c), the Company shall have no liability to pay any amount so attempted to be assigned, transferred or delegated. 
 20. Notices. All communications, including without limitation notices, consents, requests or approvals, required or permitted to be given hereunder will be in writing and will be duly given when hand delivered
or dispatched by electronic facsimile transmission (with receipt thereof confirmed), or five business days after having been mailed by United States registered or certified mail, return receipt requested, postage prepaid, or three business days
after having been sent by a nationally recognized overnight courier service such as Federal Express or UPS, addressed to the Company (to the attention of the General Counsel of the Company) at its principal executive offices and to the Executive at
his principal residence, or to such other address as any party may have furnished to the other in writing and in accordance herewith, except that notices of changes of address shall be effective only upon receipt. 
 21. Governing Law and Choice of Forum. 
 (a) This Agreement will be construed and enforced according to the laws of the State of Kansas, without giving effect to the conflict of laws principles thereof. 
 (b) To the extent not otherwise provided for by Section 16 of this Agreement, the Executive and the Company consent to the jurisdiction of all state and federal courts located in Overland Park, Johnson County,
Kansas, as well as to the jurisdiction of all courts of which an appeal may be taken from such courts, for the purpose of any suit, action, or other proceeding arising out of, or in connection with, this Agreement or that otherwise arise out of the
employment relationship. Each party hereby expressly waives any and all rights to bring any suit, action, or other proceeding in or before any court or tribunal other than the courts described above and covenants that it shall not seek in any manner
to resolve any dispute other than as set forth in this paragraph. Further, the Executive and the Company hereby expressly waive any and all objections either may have to venue, including, without limitation, the inconvenience of such forum, in any
of such courts. In addition, each of the parties consents to the service of process by personal service or any manner in which notices may be delivered hereunder in accordance with this Agreement. 
 22. Validity/Severability. If any provision of this Agreement or the application of any provision is held invalid, unenforceable or otherwise
illegal, the remainder of this Agreement and the application of such provision will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to
make it enforceable, valid or legal. To the extent any provisions held to be invalid, unenforceable or otherwise illegal cannot be reformed, such provisions are to be stricken herefrom and the remainder of this Agreement will be binding on the
parties and their successors and assigns as if such invalid or illegal provisions were never included in this Agreement from the first instance. 
  

					
	Bowman Employment Agreement	  	-17-	  	

 23. Survival of Provisions. Notwithstanding any other provision of this Agreement, the
parties’ respective rights and obligations under Sections 10, 11, 12, 13, 14, 15, 16, 18, 22 and 26 will survive any termination or expiration of this Agreement or the termination of the Executive’s employment. 
 24. Representations and Acknowledgements. 
 (a) The Executive hereby represents that he is not subject to any restriction of any nature whatsoever on his ability to enter into this Agreement or to perform his duties and responsibilities hereunder, including, but not limited to, any
covenant not to compete with any former employer, any covenant not to disclose or use any non-public information acquired during the course of any former employment or any covenant not to solicit any customer of any former employer. 
 (b) The Executive hereby represents that, except as he has disclosed in writing to the Company, he is not bound by the terms of any agreement with any
previous employer or other party to refrain from using or disclosing any trade secret or confidential or proprietary information in the course of the Executive’s employment with the Company or to refrain from competing, directly or indirectly,
with the business of such previous employer or any other party. 
 (c) The Executive further represents that, to the best of his knowledge,
his performance of all the terms of this Agreement and as an employee of the Company does not and will not breach any agreement with another party, including without limitation any agreement to keep in confidence proprietary information, knowledge
or data the Executive acquired in confidence or in trust prior to his employment with the Company, and that he will not knowingly disclose to the Company or induce the Company to use any confidential or proprietary information or material belonging
to any previous employer or others. 
 (d) The Executive acknowledges that he will not be entitled to any consideration or reimbursement of
legal fees in connection with execution of this Agreement. 
 (e) The Executive hereby represents and agrees that, during the Restricted
Period, if the Executive is offered employment or the opportunity to enter into any business activity, whether as owner, investor, executive, manager, employee, independent consultant, contractor, advisor or otherwise, the Executive will inform the
offeror of the existence of Sections 10, 11, 12 and 13 of this Agreement and provide the offeror a copy thereof. The Executive authorizes the Company to provide a copy of the relevant provisions of this Agreement to any of the persons or entities
described in this Section 24(e) and to make such persons aware of the Executive’s obligations under this Agreement. 
 25. Compliance with Code Section 409A. With respect to reimbursements or in-kind
benefits provided under this Agreement: (a) the Company will not provide for cash in lieu of a right to reimbursement or in-kind benefits to which the Executive has a right under this Agreement, (b) any reimbursement or provision of
in-kind benefits made during the Executive’s lifetime (or such shorter period prescribed by a specific provision of this Agreement) shall be made not later than December 31st of the year following the year in which the Executive incurs the expense, and (c) in no event will the amount of expenses so reimbursed, or in-kind benefits 
  

					
	Bowman Employment Agreement	  	-18-	  	

 provided, by the Company in one year affect the amount of expenses eligible for reimbursement, or in-kind benefits to be
provided, in any other taxable year. Each payment, reimbursement or in-kind benefit made pursuant to the provisions of this Agreement shall be regarded as a separate payment and not one of a series of payments for purposes of Section 409A of
the Code. It is intended that any amounts payable under this Agreement and the Company’s and the Executive’s exercise of authority or discretion hereunder shall comply with the provisions of Section 409A of the Code and the treasury
regulations relating thereto so as not to subject the Executive to the payment of the additional tax, interest and any tax penalty which may be imposed under Code Section 409A. In furtherance of this interest, to the extent that any provision
hereof would result in the Executive being subject to payment of the additional tax, interest and tax penalty under Code Section 409A, the parties agree to amend this Agreement in order to bring this Agreement into compliance with Code
Section 409A; and thereafter interpret its provisions in a manner that complies with Section 409A of the Code. Reference to Section 409A of the Code is to Section 409A of the Internal Revenue Code of 1986, as amended, and will
also include any proposed, temporary or final regulations, or any other guidance, promulgated with respect to such Section by the U.S. Department of Treasury or the Internal Revenue Service. Notwithstanding the foregoing, no particular tax result
for the Executive with respect to any income recognized by the Executive in connection with the Agreement is guaranteed, and the Executive shall be responsible for any taxes, penalties and interest imposed on him under or as a result of
Section 409A of the Code in connection with the Agreement. 
 26. Amendment; Waiver. Except as otherwise provided herein, this
Agreement may not be modified, amended or waived in any manner except by an instrument in writing signed by both Parties hereto. No waiver by either Party at any time of any breach by the other Party hereto or compliance with any condition or
provision of this Agreement to be performed by such other Party will be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. 
 27. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same agreement. 
 28. Headings. Unless otherwise noted, the headings of sections herein are
included solely for convenience of reference and shall not control the meaning or interpretation of any of the provisions of this Agreement. 
 29. Defined Terms. 
 (a) “Agreement” has the meaning set forth in the preamble. 
 (b) “Base Salary” has the meaning set forth in Section 4(a). 
 (c) “Board” has the meaning set forth in Section 3(a). 
 (d) “Bonus Award” has the meaning set forth in Section 4(b)(i). 
 (e) “Bylaws”
means the Amended and Restated Sprint Nextel Corporation Bylaws, as may be amended from time to time. 
  

					
	Bowman Employment Agreement	  	-19-	  	

 (f) “Capped Bonus Award” shall mean the lesser of the annual Target Bonus or actual performance
for such fiscal year in accordance with the then existing terms of the STIP, which shall not be payable until the Compensation Committee has determined that any incentive targets have been achieved and the subsequent designated payout date has
arrived. 
 (g) “Cause” shall mean: 
 (i) any act or omission constituting a material breach by the Executive of any provisions of this Agreement; 
 (ii) the willful failure by the Executive to perform his duties hereunder (other than any such failure resulting from the Executive’s Disability), after demand for performance is delivered by the Company that
identifies the manner in which the Company believes the Executive has not performed his duties, if, within 30 days of such demand, the Executive fails to cure any such failure capable of being cured; 
 (iii) any intentional act or misconduct materially injurious to the Company or any Subsidiary, financial or otherwise, or including, but
not limited to, misappropriation, fraud including with respect to the Company’s accounting and financial statements, embezzlement or conversion by the Executive of the Company’s or any of its Subsidiary’s property in connection with
the Executive’s duties or in the course of the Executive’s employment with the Company; 
 (iv) the conviction (or
plea of no contest) of the Executive for any felony or the indictment of the Executive for any felony including, but not limited to, any felony involving fraud, moral turpitude, embezzlement or theft in connection with the Executive’s duties or
in the course of the Executive’s employment with the Company; 
 (v) the commission of any intentional or knowing
violation of any antifraud provision of the federal or state securities laws; 
 (vi) the Board reasonably believes in its
good faith judgment that the Executive has committed any of the acts referred to in this Section 29(g)(v); 
 (vii) there
is a final, non-appealable order in a proceeding before a court of competent jurisdiction or a final order in an administrative proceeding finding that the Executive committed any willful misconduct or criminal activity (excluding minor traffic
violations or other minor offenses) which commission is materially inimical to the interests of the Company or any Subsidiary, whether for his personal benefit or in connection with his duties for the Company or any Subsidiary; 
 (viii) current alcohol or prescription drug abuse affecting work performance; 
 (ix) current illegal use of drugs; or 
  

					
	Bowman Employment Agreement	  	-20-	  	

 (x) violation of the Company’s Code of Conduct, with written notice of termination
by the Company for Cause in each case provided under this Section 29(g). 
 For purposes of this Agreement, no act or failure to act on
the part of the Executive shall be deemed “intentional” if it was due primarily to an error in judgment or negligence, but shall be deemed “intentional” only if done or omitted to be done by the Executive not in good faith and
without reasonable belief that the Executive’s action or omission was in the best interest of the Company. 
 (h) “Change in
Control” has the meaning set forth in the CIC Severance Plan. 
 (i) “Chief Executive Officer” has the meaning set forth in
Section 3(a). 
 (j) “CIC Severance Plan” means the Company’s Change in Control Severance Plan, as may be amended from
time to time, or any successor plan, program or arrangement thereto. 
 (k) “CIC Severance Protection Period” has the meaning set
forth in the CIC Severance Plan. 
 (l) “Certificate of Incorporation” means the Amended and Restated Articles of Incorporation of
Sprint Nextel Corporation, as may be amended from time to time. 
 (m) “Code” means the Internal Revenue Code of 1986, as amended
from time to time, including any rules and regulations promulgated thereunder, along with Treasury and IRS Interpretations thereof. Reference to any section or subsection of the Code includes reference to any comparable or succeeding provisions of
any legislation that amends, supplements or replaces such section or subsection. 
 (n) “Company” has the meaning set forth in the
preamble. 
 (o) “Company Group” has the meaning set forth in Section 10(a)(i). 
 (p) “Compensation Committee” means the Human Capital and Compensation Committee of the Board. 
 (q) “Competitor” has the meaning set forth in Section 11(b). 
 (r) “Developments” has the meaning set forth in Section 13(a). 
 (s) “Disability” or “Disabled” shall mean: 
 (i) the Executive’s incapacity due to physical or mental illness to substantially perform his duties and the essential functions of
his position, with or without reasonable accommodation, on a full-time basis for six months as determined by the Board in its reasonable discretion, and within 30 days after a notice of termination is thereafter given by the Company, the Executive
shall not have returned to the full-time performance of the Executive’s duties; and, further, 
  

					
	Bowman Employment Agreement	  	-21-	  	

 (ii) the Executive becomes eligible to receive benefits under the LTD Plan; 

provided, however, if the Executive shall not agree with a determination to terminate his employment because of Disability, the question of the
Executive’s disability shall be subject to the certification of a qualified medical doctor agreed to by the Company and the Executive. The costs of such qualified medical doctor shall be paid for by the Company. 
 (t) “Effective Date” has the meaning set forth in the preamble. 
 (u) “Employee Plans” has the meaning set forth in Section 5(a). 
 (v) “Employment
Term” means the Initial Employment Term and any Renewal Term. 
 (w) “Executive” has the meaning set forth in the preamble.

 (x) “Good Reason” means the occurrence of any of the following without the Executive’s written consent, unless within 30
days of the Executive’s written notice of termination of employment for Good Reason, the Company cures any such occurrence: 
 (i) the Company’s material breach of this Agreement; 
 (ii) a material reduction in the Executive’s Base
Salary, as set forth in Section 4(a), or Target Bonus, as set forth in Section 4(b)(i) (that is not in either case agreed to by the Executive), as compared to the corresponding circumstances in place on the Effective Date as may be
increased pursuant to Section 4, except for across-the-board reductions generally applicable to all senior executives; or 
 (iii) relocation of the Executive’s principal place of work more than 50 miles without the Executive’s consent. 
 Any occurrence of Good
Reason shall be deemed to be waived by the Executive unless the Executive provides the Company written notice of termination of employment for Good Reason within 60 days of the event giving rise to Good Reason. 
 (y) “Initial Employment Term” has the meaning set forth in Section 2. 
 (z) “JAMS” has the meaning set forth in Section 16. 
 (aa) “LTD Plan” has the meaning set forth in Section 9(e). 
 (bb) “LTSIP” means the
Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007 as may be amended from time to time, or any successor plan, program or arrangement thereto. 
  

					
	Bowman Employment Agreement	  	-22-	  	

 (cc) “LTSIP Target Award Opportunities” has the meaning set forth in Section 4(b)(ii).

 (dd) “Participant” has the meaning set forth in the CIC Severance Plan. 
 (ee) “Parties” has the meaning set forth in the preamble. 
 (ff) “Party” has the meaning set forth in the preamble. 
 (gg) “Payment Period” means
the period of 24 continuous months, as measured from the Executive’s Separation from Service. 
 (hh) “Place of Performance”
has the meaning set forth in Section 8. 
 (ii) “Proprietary Information” has the meaning set forth in Section 10(a)(i).

 (jj) “Release” means a release of claims in a form provided to the Executive by the Company in connection with the payment of
benefits under this Agreement. 
 (kk) “Release Consideration and Revocation Period” means the combined total of the Release
Consideration Period and the Release Revocation Period. 
 (ll) “Release Consideration Period” means the period of time pursuant to
the terms of the Release afforded the Executive to consider whether to sign it. 
 (mm) “Release Revocation Period” means the
period pursuant to the terms of an executed Release in which it may be revoked by the Executive. 
 (nn) “Renewal Term” has the
meaning set forth in Section 2. 
 (oo) “Restricted Period” means the 24-month period following the Executive’s date of
termination of employment with the Company for any reason or Cause, including for nonrenewal of this Agreement, Disability, termination by the Company or termination by the Executive. 
 (pp) “Separation from Service” means “separation from service” from the Company and its subsidiaries as described under
Section 409A of the Code and the guidance and Treasury regulations issued thereunder. Separation from Service will occur on the date on which the Executive’s level of services to the Company decreases to 21 percent or less of the average
level of services performed by the Executive over the immediately preceding 36-month period (or if providing services for less than 36 months, such lesser period) after taking into account any services that the Executive provided prior to such date
or that the Company and the Executive reasonably anticipate the Executive may provide (whether as an employee or as an independent contractor) after such date. For purposes of the determination of whether the Executive has had a Separation from
Service, the term “Company” shall mean the Company and any affiliate with which the Company would be considered a single employer under Section 414(b) or 414(c) of the Code, provided that in applying Sections 1563(a)(1), (2), and
(3) of the Code for purposes of determining a controlled group of corporations under Section 414(b) of the Code, the language 
  

					
	Bowman Employment Agreement	  	-23-	  	

 “at least 50 percent” is used instead of “at least 80 percent” each place it appears in Sections
1563(a)(1), (2) and (3) of the Code, and in applying Treasury Regulation Section 1.414(c)-2 for purposes of determining trades or businesses (whether or not incorporated) that are under common control for purposes of
Section 414(c) of the Code, “at least 50 percent” is used instead of “at least 80 percent” each place it appears in Treasury Regulation Section 1.414(c)-2. In addition, where the use of such definition of
“Company” for purposes of determining a Separation from Service is based upon legitimate business criteria, in applying Sections 1563(a)(1), (2), and (3) of the Code for purposes of determining a controlled group of corporations under
Section 414(b) of the Code, the language “at least 20 percent” is used instead of “at least 80 percent” at each place it appears in Sections 1563(a)(1), (2) and (3) of the Code, and in applying Treasury Regulation
Section 1.414(c)-2 for purposes of determining trades or businesses (whether or not incorporated) that are under common control for purposes of Section 414(c) of the Code, “at least 20 percent” is used instead of “at least
80 percent” at each place it appears in Treasury Regulation Section 1.414(c)-2. 
 (qq) “Separation Plan” means the
Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto. 
 (rr) “Specified Employee” shall mean an Executive who is a “specified employee” for purposes of Section 409A of the Code, as
administratively determined by the Board in accordance with the guidance and Treasury regulations issued under Section 409A of the Code. 
 (ss) “STIP” means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program
or arrangement thereto. 
 (tt) “Subsidiary” shall mean any entity, corporation, partnership (general or limited), limited
liability company, entity, firm, business organization, enterprise, association or joint venture in which the Company directly or indirectly controls ten percent (10%) or more of the voting interest. Notwithstanding the foregoing, for purposes
of Section 3(a), “Subsidiary” shall mean any affiliate with which the Company would be considered a single employer as described in the definition of Separation from Service. 
 (uu) “Target Bonuses” has the meaning set forth in Section 4(b)(i). 
 (vv) “Territory” has the meaning set forth in Section 11(b). 
  
  
 Signature Page Follows 
  

					
	Bowman Employment Agreement	  	-24-	  	

 IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by an officer pursuant to the
authority of its Board, and the Executive has executed this Agreement, as of the day and year first written above. 
  

			
	SPRINT NEXTEL CORPORATION
		
	By:	 	 /s/    Sandra J. Price

	
	 /s/    Danny L. Bowman

	Danny L. Bowman

  

					
	Bowman Employment Agreement	  	-25-Exhibit 10.1

 Exhibit 10.1 
 Pulaski Financial Corp. 
 Stock-Based Deferred Compensation Plan, as amended and restated

 Article 1 
 Effective Date and Purpose 
 1.1 Effective Date. The Pulaski Financial Corp. (the “Company”) Stock-Based
Deferred Compensation Plan (the “Plan”) originally effective as of October 1, 2005, is hereby amended and restated in its entirety as of December 17, 2008 to conform with Section 409A of the Internal Revenue Code of 1986, as
amended (the “Code”). 
 1.2 Purpose. The Plan is a deferred compensation plan, the primary purpose of which is to provide
key employees of Pulaski Bank (the “Bank”) and its affiliated companies with the opportunity to voluntarily defer a portion of their compensation, subject to the terms of the Plan. The Plan enhances the Company’s and the Bank’s
ability to attract and retain employees of outstanding competence by providing such individuals with an opportunity to increase their equity interest in the Company by investing deferrals in shares of Company common stock (“Common Stock”).

 Article 2 
 Administration 
 2.1 The Committee. The Plan shall be administered by the Compensation Committee of the Board or any
other successor committee appointed by the Board (the “Committee”). 
 2.2 Authority of the Committee. The Committee shall
have authority to select eligible employees of the Bank for participation in the Plan; determine the terms and conditions of each employee’s participation in the Plan; interpret the Plan; establish, amend, or waive rules and regulations for the
Plan’s administration; and, subject to Article 8 herein, amend the terms and conditions of the Plan and any agreement entered into under the Plan. Further, the Committee shall make all other determinations which may be necessary or advisable
for the administration of the Plan. As permitted by law, the Committee may delegate any of its authority granted under the Plan to such other person or entity it deems appropriate, including but not limited to, senior management of the Bank.

 2.3 Guidelines. Subject to the provisions herein, the Committee may adopt written guidelines for the implementation and
administration of the Plan. 
 2.4 Decisions Binding. All determinations and decisions of the Committee arising under the Plan shall
be final binding, and conclusive upon all parties. 
  

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 Article 3 
 Eligibility and Participation 
 3.1 Eligibility. Subject to Sections 3.2 and 3.3, persons
eligible to be selected to participate in the Plan in any fiscal year (a “Year”) shall include full-time, salaried or commission-based employees of the Bank, its subsidiaries, and affiliates who are key employees, as determined by the
Committee in its sole discretion. 
 3.2 Limitation on Eligibility. It is the intent of the Company that the Plan qualify for
treatment as a “top hat” plan under the Employee Retirement Income Security Act of 1974, as amended from time to time, or any successor Act thereto (“ERISA”). Accordingly, to the extent required by ERISA to obtain such “top
hat” treatment, eligibility shall be extended only to those executives who comprise a select group of management or highly compensated employees. Further, the Committee may place such additional limitations on eligibility as it deems necessary
and appropriate under the circumstances. 
 3.3 Participation. Participation in the Plan and the extent of such participation shall be
determined by the Committee based upon the criteria set forth in Sections 3.1 and 3.2 herein. An employee who is chosen to participate in the Plan in any Year (a “Participant”) shall be so notified in writing. In the event a Participant
selected to participate in the Plan no longer meets the criteria for participation, such Participant shall become an inactive Participant, retaining all the rights described under the Plan, except the right to make any further deferrals, until such
time that the Participant again becomes an active Participant. 
 3.4 Partial Year Eligibility. In the event that an individual first
becomes eligible to participate in the Plan during a Year, such individual shall, within thirty (30) calendar days of becoming eligible, be notified by the Bank of his or her eligibility to participate, and the Bank shall provide each such
individual with an Election Form, which must be completed by the individual as provided in Section 4.2 herein. 
 3.5 No Right to
Participate. Except as otherwise set forth in a Participant’s Deferred Compensation Agreement, no employee shall have the right to be selected as a Participant, or having been so selected for any given Year, to be selected again as a
Participant for any other Year. 
  

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 Article 4 
 Deferral Opportunity 
 4.1 Deferrals 
 (a) Amount Which May Be Deferred by a Participant. A Participant may elect to defer, in any Year, the eligible components of Compensation (as
described below); provided, however, that the Committee shall have sole discretion to designate which components of Compensation are eligible for deferral elections under the Plan in any given Year. In addition, the Committee may, in its sole
discretion, designate the maximum or minimum amount or increments of any single eligible component of Compensation which may be deferred in any Year or establish any other limitations as it deems appropriate in any Year. 
 The components of “Compensation” shall include (i) “Salary” defined as all regular, basic wages, before reduction for
amounts deferred pursuant to the Plan or any other plan of the Bank or the Company, payable in cash to a Participant for services to be rendered, exclusive of any Bonus, other special fees, awards, or incentive compensation, allowances, or amounts
designated by the Bank as payment toward or reimbursement of expenses, (ii) “Bonus” defined as any incentive award based on an assessment of performance, payable by the Bank to a Participant with respect to the Participant’s
services during a Year, including, but not limited to, divisional profitability bonuses and cross-sale incentives and (iii) “Commissions” defined as fees earned in connection with loan originations and other transactions with the Bank
or its affiliates. 
 (b) Non-Elective Deferrals. In addition to any elective deferral contributions made by a Participant
under subsection (a) hereof, the Bank, in it sole discretion, may, but shall not be required to, credit to a Participant’s Account as a nonelective deferral contribution (a “Bank Contribution”) any amount it determines
appropriate. The amount so credited, if any, may vary from Participant to Participant and may be zero even if a contribution is made on behalf of another Participant. The Bank may also express a Bank Contribution as a matching contribution equal to
a percentage of the Participant’s annual elective deferral contributions, if any. Subject to a written agreement between the Company, the Bank and the Participant, the Bank may require deferral of a portion of the Participant’s
Compensation on a non-elective basis and such deferral shall be treated as a Bank Contribution. 
 4.2 Time of Deferral Election. An
election to defer a component of Compensation permitted by the Committee to be deferred by a Participant under the Plan shall be given effect in accordance with the following timing rules: 
 (a) An election to defer Salary or Commissions shall apply only to Salary or Commissions earned for payroll periods beginning after a properly executed
Election Form has been filed with the Committee. 
  

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 (b) An election to defer a Bonus for any Year shall apply only if a properly executed Election Form has
been filed with the Committee before the beginning of the Year to which the Bonus relates. 
 4.3 Content of Deferral Election. All
deferral elections shall be irrevocable, and shall be made on a form or forms prescribed by the Committee (an “Election Form”), as described herein. Participants shall make the following irrevocable elections on each Election Form:

 (a) The amount to be deferred with respect to each eligible component of Compensation for the Years; 
 (b) The length of the deferral period with respect to each eligible component of Compensation, subject to the terms of Section 4.4 herein; and

 (c) The method of distribution (i.e., lump sum or installments) to be made to the Participant at the end of the deferral period(s),
subject to the terms of Section 4.5 herein. 
 Notwithstanding the amounts requested to be deferred pursuant to subparagraph (a) above, the limits
on deferrals set forth in Section 4.1 herein shall apply to the requested deferrals each Year. A Participant may not change his or her deferral election that is in effect for a Year, unless permitted by the Company in compliance with
Section 409A of the Code. If permitted by the Company, a Participant may elect to change the time or form of payment to him or her, by submitting a new Election Form to the Company, provided the following conditions are met: (i) such
change will not take effect until at least twelve (12) months after the date on which the new election is made and approved by Bank; (ii) if the original election is pursuant to a specified time or fixed schedule, the change cannot be made
less than twelve (12) months before the date of the first scheduled original payment; and (iii) in the case of an election related to a payment other than a payment on account of death, disability, or unforeseeable emergency, the first
payment with respect to which the change is made must be deferred for a period of not less than five (5) years from the date such payment would otherwise have been made. 
 4.4 Length of Deferral. The deferral periods elected by each Participant with respect to deferrals of Compensation for any Year shall be at least
equal to one (1) year following the end of the Year to which the deferral relates, unless such deferral is a Bank Contribution subject to a vesting schedule. Participants may also elect to receive a distribution of their deferred amounts upon a
Separation from Service. For purposes of this Plan, “Separation from Service” means in the case of an officer, the officer’s death or the effective date of the Participant’s “Separation from Service” within the meaning
of Section 409A of the Code, or, in the case of a Participant who is a director, the date when the Participant ceases to be a member of the Company’s Board of Directors for any reason whatsoever other than by reason of a leave of absence,
which is approved by the Bank. 
  

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 4.5 Distribution of Deferred Amounts. Participants shall be entitled to elect to receive
distribution of deferred amounts, at the end of the deferral period in a single lump sum distribution or by means of installments. 
 (a)
Lump Sum Distribution. Such distribution shall be made in the form of whole shares of Common Stock within two (2) and one-half (1/2) months of the date specified by the Participant as the date for distribution of deferred amounts as
described in Sections 4.3 and 4.4 hereof, or as soon thereafter as practicable. 
 (b) Installment Distribution. Participants may
elect distribution in annual installments, with a minimum number of installments of two (2) and a maximum of ten (10). The initial distribution shall be made in the form of shares of Common Stock as soon as possible after the commencement date
selected by the Participant pursuant to Sections 4.3 and 4.4 hereof. The remaining distributions shall be made in shares of Common Stock each year thereafter, until the Participant’s entire deferred compensation account has been distributed.
The number of shares distributable with respect to each installment shall be equal to the balance of the number of Common Stock Units remaining in the Participant’s deferred compensation account immediately prior to each such distribution,
multiplied by a fraction, the numerator of which is one (1), and the denominator of which is the number of installments remaining. If a Participant elects to receive his or her distribution in installments, then he or she may not later elect to
accelerate the payment of any installment thereunder. 
 (c) Limitation on Form of Distribution. Distributions under this Plan shall
be made solely in the form of whole shares of Common Stock and the Company shall be under no obligation to distribute any amount in cash. 
 (d) Death Benefits; Beneficiary Designation. If a Participant dies before the end of a deferral period or prior to termination of employment, or after distribution of the Participant’s account has commenced but prior to the
distribution of all amounts to which the Participant is entitled under the Plan, the Participant’s account shall be distributable or shall continue to be distributed in accordance with the Participant’s election under this Section 4.5
to the person or persons designated pursuant to this subsection (d). A Participant may from time to time designate in writing on a form prescribed by the Committee for such purpose a person or persons (named contingently or successively) to receive
benefits distributable under this Plan upon or after the Participant’s death. Such designation may be changed from time to time by the Participant by filing a new designation. Each designation shall revoke all prior designations by the
Participant. In the absence of a valid beneficiary designation, the Participant’s benefits shall be distributable to his or her surviving spouse, or, if the Participant is not survived by a spouse, to his or her estate. 
 4.6 Unforeseeable Emergency Distribution. Upon the Company’s determination (following petition by the Participant) that the Participant has
suffered an unforeseeable emergency as described below, the Company shall (i) terminate the then effective deferral 

  

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election of the Participant to the extent permitted under Section 409A of the Code, and (ii) distribute to the Participant all or a portion of the
Deferral Account balance as determined by the Company, but in no event shall the distribution be greater than the amount determined by the Company that is necessary to satisfy the unforeseeable emergency plus amounts necessary to pay taxes
reasonably anticipated as a result of the distribution, after taking into account the extent to which the unforeseeable emergency is or may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the
Participant’s assets (to the extent the liquidation of assets would not itself cause severe financial hardship); provided, however, that such distribution shall be permitted solely to the extent permitted under Section 409A of the Code.
For purposes of this Section, “unforeseeable emergency” means a severe financial hardship to the Participant resulting from (a) an illness or accident of the Participant, the Participant’s spouse or a dependent (as defined in
Section 152(a) of the Code) of the Participant, (b) a loss of the Participant’s property due to casualty, or (c) other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the
Participant, each as determined to exist by the Company. 
 4.7. Special Change in Control Election. In addition to the elections
described in Section 4.3 of this Plan, each Participant may make an election applicable solely in the event of a Change in Control of the Bank or the Company with respect to the length of the deferral period for all deferrals under the Plan and the
form of distribution of such deferrals. Such election must be made in writing at the time all other Plan elections are made. In the event a Participant does not make a Change in Control election the Participant will receive his or her Plan
distribution in a lump sum upon Separation from Service. 
 For purposes of this Plan, a “Change in Control” shall mean a change in
control as defined in Internal Revenue Section 409A of the Code and rules, regulations, and guidance of general application thereunder issued by the Department of the Treasury, including: 
 (a) Change in ownership. A change in ownership of the Company, a corporation of which Pulaski Bank is a wholly owned subsidiary, occurs on the
date any one person or group accumulates ownership of the Company stock constituting more than 50% of the total fair market value or total voting power of the Company stock; 
 (b) Change in effective control. (i) any one person or more than one person acting as a group acquires within a 12-month period ownership of
the Company stock possessing 30% or more of the total voting power of the Company stock, or (ii) a majority of the Company’s Board of Directors is replaced during any 12-month period by Participants whose appointment or election is not
endorsed in advance by a majority of the Company’s board of directors; or 
 (c) Change in ownership of a substantial portion of
assets. A change in ownership of a substantial portion of the Company’s assets occurs if in a 12-month period any one person or more than one person acting as a group acquires from the Company assets having a total gross fair market value
equal to or exceeding 40% of the total gross fair market value of all of the 

  

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Company’s assets immediately before the acquisition or acquisitions. For this purpose, gross fair market value means the value of the Company’s
assets, or the value of the assets being disposed of, determined without regard to any liabilities associated with the assets. 
 Article 5

 Deferred Compensation Accounts 
 5.1 Participant Accounts. The Company shall establish and maintain an individual bookkeeping account for deferrals made by each Participant under Article 4 herein. Each account shall be credited as of the date
the amount deferred otherwise would have become due and payable to the Participant, or as otherwise determined in the Participant’s Deferred Compensation Agreement. 
 5.2 Valuation of Deferred Amounts. 
 (a) The number of Common Stock Units to be credited to a
Participant’s deferred compensation account shall be determined by reference to the total number of shares of Company Common Stock acquired by the Plan Trust with the deferred funds and the proportion that each Participant’s share of the
deferred funds bears to the total amount of deferred funds. Amounts credited to a Participant’s deferred compensation account shall be credited solely in the form of “Common Stock Units” with each unit equivalent to one (1) share
of Common Stock. 
 (b) The Participant’s Account shall also be credited with additional Common Stock Units equal to the dollar amount
of dividends or other distributions paid from time to time during the deferral period on a number of shares of Common Stock equal to the number of Common Stock Units then credited to the Participant’s Account divided by the average of the high
and low trading prices of the Common Stock on the payment date. 
 (c) In the event of any change in the outstanding shares of the Common
Stock by reason of any stock dividend or split, recapitalization, merger, consolidation, spin-off, reorganization, combination or exchange of shares, Change in Control or other similar corporate change, then an equitable equivalent adjustment shall
be made in the Common Stock Units credited to Accounts under the Plan. 
 (d) When distribution of a Participant’s Account occurs, such
distribution shall be made solely by transferring to the Participant or beneficiary a number of shares of the Common Stock equal to the number of whole units then distributable from the Participant’s Account. On any distribution date,
fractional Common Stock Units shall be rounded up to the nearest whole unit. 
 5.3 Charges Against Accounts. There shall be charged
against each Participant’s deferred compensation account any distributions made to the Participant or to his or her 

  

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beneficiary. The Company may also charge a Participant’s deferred compensation account for annual maintenance fees associated with the account.

 Article 6 
 Rights of
Participants 
 6.1 Contractual Obligation. The Plan shall create a contractual obligation on the part of the Company to make
distributions from the Participant’s accounts when due. 
 6.2 Unsecured Interest. No Participant or party claiming an interest
in amounts deferred by a Participant shall have any interest whatsoever in any specific asset of the Company or the Bank. To the extent that any party acquires a right to receive distributions under the Plan, such right shall be equivalent to that
of an unsecured general creditor of the Company or the Bank. 
 6.3 Authorization for Trust. The Company may, but shall not be
required to, establish one or more trusts, with such trustee as the Committee may approve, for the purpose of providing for the distribution of deferred amounts. Such trust or trusts may be irrevocable, but the assets thereof shall be subject to the
claims of the creditors of the Bank or Company. To the extent any amounts deferred under the Plan are actually paid from any such trust, the Company shall have no further obligation with respect thereto, but to the extent not so paid, such deferred
amounts shall remain the obligation of, and shall be paid by, the Company or the Bank. 
 6.4 Employment. Nothing in the Plan shall
interfere with nor limit, in any way, the right of the Bank or any affiliate of the Bank to terminate any Participant’s employment at any time, nor confer upon any Participant any right to continue in the employ of the Bank or any affiliate of
the Bank. 
 Article 7 
 Withholding of Taxes 
 The Company shall have the right to require Participants to remit to the Company an amount sufficient
to satisfy any withholding tax requirements or to deduct from all distributions made pursuant to the Plan amounts sufficient to satisfy withholding tax requirements. 
 Article 8 
 Amendment and Termination 
 The Company hereby reserves the right to amend, modify, or terminate the Plan at any time by action of the Board, provided, however, that no such
amendment or termination shall in any material manner adversely affect any Participant’s rights to amounts previously deferred hereunder without the consent of the Participant. 
  

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 Article 9 
 Claims Procedure 
 (a) Claim. A person who believes that he is being denied a benefit to which
he is entitled under this Plan (hereinafter referred to as a “Claimant”) may file a written request for such benefit with the Company, setting forth his claim. The request must be addressed to the Secretary of the Board at the
Company’s then principal place of business. 
 (b) Claim Decision. Upon receipt of a claim, the Committee shall advise the
Claimant that a reply will be forthcoming within ninety (90) days and shall, in fact, deliver such reply within such period. The Committee may, however, extend the reply period for an additional ninety (90) days for reasonable cause. If
the claim is denied in whole or in part, the Committee shall adopt a written opinion, using language calculated to be understood by the Claimant, setting forth: 
 (i) The specific reason or reasons for such denial; 
 (ii) The specific reference to pertinent provisions of
this Plan on which such denial is based; 
 (iii) A description of any additional material or information necessary for the Claimant to
perfect his claim and an explanation why such material or such information is necessary; 
 (iv) Appropriate information as to the steps to
be taken if the Claimant wishes to submit the claim for review; and 
 (v) The time limits for requesting a review of the decision and for
review of the decision. 
 (c) Request for Review. With sixty (60) days after the receipt by the Claimant of the
written opinion described above, the Claimant may request in writing that the Board review the determination of the Committee. Such request must be addressed to the Secretary of the Board, at its then principal place of business. The Claimant or his
duly authorized representative may, but need not, review the pertinent documents and submit issues and comments in writing for consideration by the Committee. If the Claimant does not request a review of the Committee’s determination by the
Board within such sixty (60) day period, he shall be barred and stopped from challenging the Committee’s determination. 
 (d)
Review of Decision. Within sixty (60) days after receipt of a request for review, the Board will review the Committee’s determination. After considering all materials presented by the Claimant, the Board will provide the Claimant
with a written opinion, written in a manner calculated to be understood by the Claimant, setting forth the specific reasons for the decision 

  

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and containing specific references to the pertinent provisions of this Plan on which the decision is based. If special circumstances require that the sixty
(60) day time period be extended, the Secretary of the Board will so notify the Claimant and will render the decision as soon as possible, but no later than one hundred twenty (120) days after receipt of the request for review. 

Article 10 
 Miscellaneous 

 10.1 Notice. Except as otherwise provided herein, any notice or filing required or permitted to be given to the Company under the
Plan shall be sufficient if in writing and hand delivered, or sent by registered or certified mail to the Secretary of the Company. Notice to the Secretary, if mailed, shall be addressed to the principal executive offices of the Company. Notice
mailed to a Participant shall be at such address as is given in the records of the Company. Notices shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for
registration or certification. 
 10.2 Nontransferability. Participant’s rights to deferred amounts credited hereunder the Plan
may not be sold, transferred, assigned, or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution. In no event shall the Company make any distribution under the Plan to any assignee or creditor of a
Participant. 
 10.3 Severability. In the event any provision of the Plan shall be held illegal or invalid for any reason, the
illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 
 10.4. Costs of the Plan. All costs of implementing and administering the Plan shall be borne by the Company or an affiliate of the Company, unless
otherwise specified herein. 
 10.5 Status under ERISA. The Plan is intended to be an unfunded plan which is maintained primarily to
provide deferred compensation benefits for a select group of “management or highly compensated employees” within the meaning of Sections 201, 301, and 401 of ERISA, and to therefore be exempt from the provisions of Parts 2, 3, and 4 of
Title 1 of ERISA. 
 10.6 Applicable Law. The Plan shall be governed by and construed in accordance with the laws of the State of
Missouri. 
 10.7 Successors. All obligations of the Company or the Bank under the Plan shall be binding on any successor to the Bank
or the Bank, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business and/or assets of the Bank or the Company. 
  

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 10.8 Prohibited Acceleration/Distribution Timing. This Section shall take precedence over any
other provision of the Plan to the contrary. No provision of this Plan shall be followed if following the provision would result in the acceleration of the time or schedule of any payment from the Plan (i) as would require income tax to a
Participant prior to the date on which the amount is distributable to or on behalf of the Participant under The Plan or (ii) which would result in penalties to the Participant under Section 409A of the Code. In addition, if the timing of
any distribution election would result in any tax or other penalty (other than ordinarily payable Federal, state or local income or payroll taxes), which tax or penalty can be avoided by payment of the distribution at a later time, then the
distribution shall be made (or commence, as the case may be) on (or as soon as practicable after) the first date on which such distributions can be made (or commence) without such tax or penalty. 
 10.9 Aggregation of Employers. To the extent required under Section 409A of the Code, if the Company is a member of a controlled group of
corporations or a group of trades or business under common control (as described in Section 414(b) or (c) of the Code), all members of the group shall be treated as a single employer for purposes of whether there has occurred a Separation
from Service and for any other purposes under the Plan as Section 409A of the Code shall require. 
 10.10 Savings Clause Relating to
Compliance with Section 409A of the Code. Despite any contrary provision of this Agreement, if, when a Participant’s service terminates, the Participant is a “specified employee,” as defined in Section 409A of the Code,
and if any payments under this Plan will result in additional tax or interest to the Participant because of Section 409A of the Code, the Participant shall not be entitled to the such payments until the earliest of (i) the date that is at
least six months after termination of the Participant’s employment for reasons other than the Participant’s death, (ii) the date of the Participant’s death, or (iii) any earlier date that does not result in additional tax or
interest to the Participant under Section 409A of the Code. If any provision of this Agreement would subject the Participant to additional tax or interest under Section 409A of the Code, the Company shall reform the provision. However, the
Company shall maintain to the maximum extent practicable the original intent of the applicable provision without subjecting the Participant to additional tax or interest. 
 10.11 Transition Relief. On or before December 31, 2008, if a Participant wishes to change his or her election as to the form or timing of a distribution under this Plan, the Participant may do so by
completing a Transition Relief Election Form, provided that any such election (i) must be made prior to the Participant’s Separation from Service, (ii) shall not take effect before the date that is 12 months after the date the
election is made, (iii) cannot apply to amounts that would otherwise be payable in 2008 and may not cause an amount to be paid in 2008 that would otherwise be paid in a later year. 
  

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