Document:

Form of Intellectual Property Agreement

 Exhibit 10.8 
 INTELLECTUAL PROPERTY AGREEMENT 
 between 
 _____________________________________ 
 and 
 IDEARC INC. 
 ___________________ 

            , 2006 

 INTELLECTUAL PROPERTY AGREEMENT 
 This Intellectual Property Agreement (the “Intellectual Property Agreement”), is entered into as of             , 2006, is between
Verizon                     , a              corporation
(“Licensor”), and Idearc Inc., a Delaware corporation (“Spinco” or “Licensee”) (Licensor and Licensee being hereinafter referred to individually as a “Party” and collectively as the
“Parties”). 
 WHEREAS, Verizon Communications Inc. (“Parent”) and Spinco have entered into the
Distribution Agreement, dated as of [            ] (the “Distribution Agreement”), pursuant to which (i) Parent shall separate the Spinco Assets
(as defined in the Distribution Agreement) from the Verizon Assets (as defined in the Distribution Agreement), (ii) in exchange for the contribution to Spinco, directly or indirectly, of the Spinco Assets, Spinco shall issue to Parent
the Spinco Common Stock (as defined in the Distribution Agreement) and distribute to Parent the Spinco Exchange Debt (as defined in the Distribution Agreement) and cash and (iii) Parent shall distribute all of the issued and outstanding
shares of Spinco Common Stock to Parent’s stockholders; 
 Whereas, the Licensor or its U.S. Affiliates (other than Spinco or its
Subsidiaries) are the owners of certain Licensed Intellectual Property (as hereinafter defined); 
 Whereas, the Spinco and its Subsidiaries
are the owner of certain Spinco Intellectual Property (hereinafter defined); and 
 Whereas, Licensor is willing to convey or cause its U.S.
Affiliates to convey to Spinco and its Subsidiaries (i) a nonexclusive limited license to Licensed Intellectual Property (as hereinafter defined), (ii) all right, title and interest of Licensor and its U.S. Affiliates, if any, in and to
Designated Spinco Statutory Intellectual Property (as hereinafter defined), and (iii) an undivided joint ownership interest to the Spinco Non-Statutory Intellectual Property, Business Proprietary Software and Proprietary Business Information.

 Whereas, Licensee is willing to convey or cause its Subsidiaries to convey to Licensor and its Affiliates (i) a nonexclusive limited
license to Designated Spinco Statutory Intellectual Property, (ii) all right, title and interest of Licensee and its Subsidiaries, if any, in and to Customer Listing Data, and (iv) an undivided joint ownership interest to the Spinco
Non-Statutory Intellectual Property, Business Proprietary Software and Proprietary Business Information. 
 Now, therefore, in consideration
of the mutual covenants and promises contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: 
 ARTICLE I- Definitions 
 1.1 Definitions. 
 Capitalized terms used but not defined herein have the meanings assigned to them in the Distribution Agreement (as defined
below). Other capitalized terms, as used herein, have the meanings set forth below or in the body of this Intellectual Property Agreement. 

 (a) “Affiliate” means any Person who, directly or indirectly, controls, is controlled by or is
under common control with the relevant Party. 
 (b) “Branding Agreement” means a certain Branding Agreement dated as of the
Effective Date between Verizon Licensing Company and Licensee. 
 (c) “Business” means the business of publishing and providing
directory products and services, consisting principally of searchable (e.g., by alphabet letter or category) multiple wireline telephone listings and classified advertisements primarily of Persons located in the United States that are targeted
primarily at and distributed primarily to end users located in the United States in tangible media (e.g., paper directories), electronic media (e.g., Internet) and digital media (e.g., PDA download) and soliciting and entering into agreements with
advertisers to place advertising in the foregoing directory products; provided, however, the foregoing shall not include directory products and services comprised primarily or substantially of wireless telephone listings. 
 (d) “Business Non-Statutory Intellectual Property” means the Non-Statutory Intellectual Property, excluding Proprietary Business Information,
Customer Listing Data, Verizon Proprietary Software, and Spinco Non-Statutory Intellectual Property, which is used in the Business as of the Effective Time and is owned by Licensor or its U.S. Affiliates (other than Spinco or its Subsidiaries) as of
the Effective Time. 
 (e) “Business Proprietary Software” means the proprietary software (excluding any Third Party Intellectual
Property), in the form and content it exists as of the Effective Time, in object and source code form, listed on Schedule B to this Intellectual Property Agreement, to the extent it is used in the Business as of the Effective Time. 
 (f) “Business Statutory Intellectual Property” means the Statutory Intellectual Property, excluding Trademarks, Verizon Proprietary Software
and Verizon Licensed Proprietary Software, which is used in the Business as of the Effective Time and is owned by Licensor or its U.S. Affiliates (other than Spinco or its Subsidiaries) as of the Effective Time. 
 (g) “Customer Listing Data” means the listings of customers of Licensor or its Affiliates which are licensed to Licensee pursuant to the
Listings License Agreement, and all Intellectual Property therein or based thereon. 
 (h) “Effective Time” means immediately after
the Distribution (as defined in the Distribution Agreement). 
 (i) “Designated Spinco Statutory Intellectual Property” means all
Statutory Intellectual Property listed on Schedule A to this Intellectual Property Agreement. 
 (j) “Intellectual Property” means
all Statutory Intellectual Property and Non-Statutory Intellectual Property. 
 (k) “Intellectual Property Agreement” is defined in
the introductory paragraph hereto. 
  

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 (l) “Licensed Field of Use” means the Business as conducted as of the Effective Time, as
reflected in the types of products and services offered by Spinco and its Subsidiaries in the conduct of the Business as of the Effective Time. 
 (m) “Licensed Intellectual Property” means (i) Business Non-Statutory Intellectual Property and (ii) Business Statutory Intellectual Property, each that exists as of the Effective Time. For the avoidance of confusion,
Licensed Intellectual Property shall not include any: 
 (1) patents or patent applications claiming a filing date on or after the Effective
Time; 
 (2) copyrights in copyrightable subject matter having a creation date on or after the Effective Time; 
 (3) applications for domain name registrations claiming a filing date on or after the Effective Time (other than renewals of domain name registrations
included in Designated Spinco Statutory Intellectual Property); 
 (4) Trademarks; 
 (5) Intellectual Property developed or acquired by Licensor or any of its Affiliates on or after the Effective Time; 
 (6) Business Proprietary Software, Verizon Proprietary Software and any software used by Licensor or its Affiliates in the provision of Transition
Services pursuant to the Transition Services Agreement; 
 (7) Customer Listing Data; 
 (8) Third Party Intellectual Property; and 
 (9) Intellectual property (other than (i) Business Non-Statutory Intellectual Property and (ii) Business Statutory Intellectual Property, each that exists as of the Effective Date) other Intellectual Property owned by or licensed to
Licensor or any Affiliate of Licensor at any time. 
 At no time shall Spinco or its Subsidiaries have an ownership interest in Licensed Intellectual
Property, but such Licensed Intellectual Property shall be licensed to Spinco and its Subsidiaries pursuant to this Intellectual Property Agreement. 
 (n) “Listings License Agreement” means the Listings License Agreement, dated as of the date hereof, between the Verizon telephone operating companies listed in Exhibit 1 thereto and Publisher. 
 (o) “Non-Statutory Intellectual Property” means all unpatented inventions (whether or not patentable), trade secrets, know-how and proprietary
information, including but not 
  

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 limited to (in whatever form or medium), discoveries, ideas, compositions, formulas, computer programs (including source
and object codes), computer software documentation, database, drawings, designs, plans, proposals, specifications, photographs, samples, models, processes, procedures, data, information, manuals, reports, financial, marketing and business data, and
pricing and cost information, correspondence and notes, and any rights or licenses in the foregoing which may be granted without the payment of compensation or other consideration to any Person; provided, however, that, notwithstanding anything to
the contrary, the definition of “Non-Statutory Intellectual Property” shall not include any Statutory Intellectual Property. 
 (p)
“Person” means any individual, corporation, partnership, joint venture, trust, business association or other entity. 
 (q)
“Proprietary Business Information” means any and all non-technical, non-public information included in the Non-Statutory Intellectual Property, excluding Customer Listing Data, which is owned by Licensor, its U.S. Affiliates, Licensee or
its Subsidiaries as of the Effective Date and is used in the Business as of the Effective Date. 
 (r) “Publishing Agreement” is
defined in the Branding Agreement. 
 (s) “Spinco” is defined in the Preamble of this Intellectual Property Agreement. 

(t) “Spinco Intellectual Property” means all Designated Spinco Statutory Intellectual Property and Spinco Non-Statutory Intellectual
property. 
 (u) “Spinco Non-Statutory Intellectual Property” means all Non-Statutory Intellectual Property which is owned by
Licensor, its U.S. Affiliates, Licensee or its Subsidiaries as of the Effective Date and is used in the Business as of the Effective Date, but excluding Proprietary Business Information. 
 (v) “Statutory Intellectual Property” means all (i) United States and foreign patents and patent applications of any kind,
(ii) United States and foreign works of authorship, mask-works, copyrights, and copyright and mask work registrations and applications for registration, and (iii) Trademarks. 
 (w) “Subsidiaries” is defined in the Branding Agreement. 
 (x) “Third Party Intellectual Property” mean any Intellectual Property owned by other than Licensor, its U.S. Affiliates, Licensee or its Subsidiaries. 
 (y) “Trademarks” means trademarks, tradenames, applications for trademark registration, service marks, applications for service mark
registration, domain names, registrations and applications for registrations pertaining thereto, and all goodwill associated therewith. 
 (z) “U.S. Affiliate” means any subsidiary of Licensor that is incorporated in and operates solely in the United States, but specifically excluding Cellco Partnership d/b/a Verizon Wireless, Telecomunicaciones de Puerto Rico, Inc.,
Verizon Airfone Inc. and any subsidiaries of the foregoing. 
  

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 (aa) “Verizon Licensed Software” means that portion of Verizon Proprietary Software, but
excluding any Third Party Intellectual Property, if any, that is licensed to Licensee pursuant to the Verizon Proprietary Software License Agreement. 
 (bb) “Verizon Proprietary Software” means any proprietary software owned, in whole or in part, by Licensor or its Affiliates (other than Spinco or its Subsidiaries), but excluding any Third Party
Intellectual Property, if any, and Business Proprietary Software. 
 ARTICLE II- Grant of Licenses and Rights 
 2.1 Subject to previously granted rights and licenses, if any, as of the Effective Time, Spinco and its Subsidiaries hereby: 
 (a) irrevocably assign, grant and convey to Licensor and its Affiliates (other than Licensee and its Subsidiaries) an undivided joint ownership interest
in and to the right, title and interest of Licensee and its Subsidiaries to the Business Proprietary Software, Spinco Non-Statutory Intellectual Property and Proprietary Business Information; provided, however, the joint ownership interest in
Business Proprietary Software is subject to the restrictions set forth in Section 2.3 hereof. The joint ownership interest of Spinco and its Subsidiaries on the one hand, and Licensor and its Affiliates on the other hand, includes, but is not
limited to, the unrestricted right to use, reproduce, copy, modify, improve, create derivative works, enhance, transfer, assign, otherwise convey and to exercise any and all rights relating to such Business Proprietary Software, Spinco Non-Statutory
Intellectual Property and Proprietary Business Information without the obligation to account to the other therefor, except and to the extent set forth in Article V; 
 (b) grant to Licensor and its Affiliates a royalty-free, fully paid-up, irrevocable, nonexclusive license under Designated Spinco Statutory Intellectual
Property (excluding any Trademarks and any copyrights in advertising copy included therein) to make, have made, use, have used, sell, have sold, products and services, without in any way accounting to Spinco or its Subsidiaries; and 
 (c) irrevocably assigns, grants and conveys to Licensor and its Affiliates (other than Licensee and its Subsidiaries) all right, title and interest, if
any, of Licensee and its Subsidiaries in and to Customer Listing Data. 
 2.2 Licensor, on behalf of itself and its U.S. Affiliates,
hereby grants, as of the Effective Date, the following rights and licenses: 
 (a) Subject to previously granted rights and licenses, if any,
Licensor hereby grants to Spinco and its Subsidiaries a personal, royalty-free, fully paid-up, irrevocable (except and to the extent set forth in Article 6, below), nonexclusive and nontransferable (except as permitted pursuant to Section 7.1
below) license, subject to the provisions of Section 5.1 of this Intellectual Property Agreement, to use the Licensed Intellectual Property solely in the provision of goods and services in respect of the business of the Spinco and
its Subsidiaries solely in the United States and 
  

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 solely in the Licensed Field of Use and in the practice of any methods associated with the provision of such goods and
services in the Licensed Field of Use. The foregoing license granted to Spinco and its Subsidiaries includes, but is not limited to, the right to reproduce, copy, modify, improve and enhance such Licensed Intellectual Property, but does not include
the right: (w) to use the Licensed Intellectual Property outside of the United States (except in support of the business of the Spinco and its Subsidiaries in the Licensed Field of Use, provided such support outside of the United States may not
be provided by any Person that provides facilities-based voice or data telecommunications services in the United States), (x) to disclose the non-public Licensed Intellectual Property to any Person (other than to contractors of Spinco or its
Subsidiaries in support of such business in the United States in the Licensed Field of Use or to contractors outside of the United States in support of the business in the United States in the Licensed Field of Use (except such disclosure to
contractors outside of the United States may not be made to any Person that provides facilities-based voice or data telecommunications services in the United States)), (y) to grant sublicenses to any Person (other than to contractors of Spinco
or its Subsidiaries in support of such business in the United States in the Licensed Field of Use (provided that such sublicense may not be granted to any Person outside of the United States that provides facilities-based voice or data
telecommunications services in the United States)) or (z) to assign such license other than to permitted successors and assigns of Spinco or its Subsidiaries in the Business, but only in the United States and in the Licensed Field of Use. The
foregoing license to Spinco and its Subsidiaries shall not extend to: (i) any modifications, improvements, enhancements, additions or derivations of the Business after the Effective Date that are outside of the Licensed Field of Use, or
(ii) other geographic territories outside of the United States (except to the extent expressly permitted in support of the business of the Spinco and its Subsidiaries in the Licensed Field of Use). 
 (b) Subject to previously granted rights and licenses, if any, Licensor hereby irrevocably assigns, grants and conveys to Spinco and its Subsidiaries an
undivided joint ownership interest in and to the right, title and interest of Licensor and U.S. Affiliates to the Business Proprietary Software, Spinco Non-Statutory Intellectual Property and Proprietary Business Information; provided, however, the
joint ownership interest in Business Proprietary Software is subject to the restrictions set forth in Section 2.4 hereof. The joint ownership interest of Spinco and its Subsidiaries on the one hand, and Licensor and its U.S. Affiliates on the
other hand, includes, but is not limited to, the unrestricted right to use, reproduce, copy, modify, improve, create derivative works, enhance, transfer, assign, otherwise convey and to exercise any and all rights relating to such Proprietary
Business Information without the obligation to account to the other therefor, except and to the extent set forth in Article 5. 
 (c) Subject to previously granted rights and licenses, if any, Licensor hereby irrevocably assigns, grants and conveys to Spinco and its Subsidiaries all right, title and interest of Licensor and its U.S. Affiliates, if any, in and to the
Designated Spinco Statutory Intellectual Property. 
 (d) From time to time after the date of this Intellectual Property Agreement, as and
when requested by a party hereto, the other party will execute and deliver, or cause to be executed and delivered, any documents hereto as may be reasonably necessary or appropriate to effectuate the intent of this Intellectual Property Agreement.

  

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 2.3 For a period of three (3) years from the date on which the Effective Time occurs,
Licensor and its Affiliates (other than Spinco and its Subsidiaries) shall have no right to grant any licenses to any Person (other than an Affiliate of Licensor) who competes directly with the Business to use substantially all of any item of
software listed on Schedule B and included in Business Proprietary Software. 
 2.4 For a period of three (3) years from the date
on which the Effective Time occurs, Spinco and its Subsidiaries shall have no right to grant any licenses to any Person (other than a Subsidiary of Spinco) who competes directly with the business of Licensor or any of its Affiliates (other than
Spinco and its Subsidiaries) to use substantially all of any item of software listed on Schedule B and included in Business Proprietary Software. 
 ARTICLE III - Taxes 
 3.1 The provisions of the Tax Sharing Agreement, dated as of
            , between Verizon and Spinco shall be applicable and shall govern the responsibility of the Parties for all Taxes (as defined in such agreement) imposed by any Governmental
Authority (as defined in such agreement) with respect to the transactions contemplated by or taken in connection with this Agreement. 
 ARTICLE IV - Disclaimer, Limited Warranty, Limitation of Liability and Indemnification 
 4.1
Without limiting any of the representations and warranties provided in the Agreement, nothing contained in this Intellectual Property Agreement shall be construed as: 
 (a) requiring the securing or maintaining in force by Licensor or Licensee of any Intellectual Property, including Proprietary Business Information, Licensed Intellectual Property or Spinco Intellectual Property;

 (b) a warranty or representation by Licensor or its Affiliates or by Licensee or its Subsidiaries as to the validity or scope of any
Intellectual Property, including Proprietary Business Information, Licensed Intellectual Property, or Spinco Intellectual Property; 
 (c) a
warranty or representation by Licensor or its Affiliates that any provisioning of goods and services by the Spinco or its Subsidiaries or the use of Proprietary Business Information, Licensed Intellectual Property, Business Proprietary Software, or
Spinco Intellectual Property, in whole or in part, will be free from infringement of any Intellectual Property, other than the Licensed Intellectual Property, but only to the extent to which licenses or rights are granted to Spinco and its
Subsidiaries pursuant to this Intellectual Property Agreement; 
 (d) an agreement by Licensor or its Affiliates or by Licensee or its
Subsidiaries to bring or prosecute actions or suits against third parties for infringement of any Intellectual Property, including Proprietary Business Information, Licensed Intellectual Property, Business Proprietary Software, or Spinco
Intellectual Property; 
  

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 (e) conferring any right to Spinco or its Subsidiaries to use, in advertising, publicity or otherwise,
any Trademarks (except the Trademarks included in Designated Spinco Statutory Intellectual Property); 
 (f) conferring by implication,
estoppel or otherwise any license or other right upon Spinco or its Subsidiaries under any other Intellectual Property; or 
 (g) an
obligation upon Licensor or its Affiliates to make any determination as to the applicability of any Intellectual Property to any product or service. 
 4.2 Licensor and Licensee each warrants that it has the right to grant the licenses and rights granted herein and to enter into this Intellectual Property Agreement. 
 4.3 EXCEPT FOR THE EXPRESS WARRANTIES OF SECTION 4.2 OF THIS INTELLECTUAL PROPERTY AGREEMENT, THERE ARE NO OTHER WARRANTIES, EITHER
EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE (EVEN IF A PARTY HAS BEEN MADE AWARE OF SUCH PURPOSE) AND ANY WARRANTY AGAINST INFRINGEMENT OF INTELLECTUAL PROPERTY.

 4.4 EXCEPT FOR BREACHES OF SECTIONS 2.2 OR 5.1, IN NO EVENT SHALL THE LICENSOR OR ITS AFFILIATES ON THE ONE HAND, OR SPINCO OR ITS
SUBSIDIARIES ON THE OTHER HAND, BE LIABLE TO THE OTHER FOR ANY INDIRECT DAMAGES, INCLUDING ANY LOST PROFITS, OR OTHER INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATED TO THIS INTELLECTUAL PROPERTY AGREEMENT, INCLUDING, BUT NOT
LIMITED TO, THE PROPRIETARY BUSINESS INFORMATION, THE SPINCO INTELLECTUAL PROPERTY AND THE LICENSED INTELLECTUAL PROPERTY OR ANY PORTION OF THE FOREGOING. 
 ARTICLE V - Confidentiality 
 5.1 Spinco and its Subsidiaries agree: (a) to maintain the confidential nature, if
any, of, and not disclose to any third party (other than Spinco and its Subsidiaries and their contractors who are bound by obligations of confidentiality) any non-public Licensed Intellectual Property and Customer Listing Data, and (b) to
treat non-public Licensed Intellectual Property, Customer Listing Data, Business Proprietary Software, Spinco Non-Statutory Intellectual Property and Proprietary Business Information in the same manner (but in no event using less than a reasonable
degree of care) as Spinco and its Subsidiaries treat other similarly sensitive proprietary information owned by Spinco or its Subsidiaries. 
  

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 5.2 Licensor and its U.S. Affiliates agree to treat non-public Designated Spinco Statutory
Intellectual Property, Proprietary Business Information, Spinco Non-Statutory Intellectual Property and Business Proprietary Software in the same manner (but in no event using less than a reasonable degree of care) as Licensor and its U.S.
Affiliates treat other similarly sensitive proprietary information owned by Licensor or its U.S. Affiliates. 
 5.3 The Licensed
Intellectual Property and the Customer Listing Data shall remain the sole and exclusive property of Licensor or its U.S. Affiliates (other than Spinco and its Subsidiaries), subject to the limited rights and licenses expressly granted to Spinco and
its Subsidiaries pursuant to this Intellectual Property Agreement and, in the instance of Customer Listing Data, the Publishing Agreement. 
 ARTICLE VI - Termination/Cancellation 
 6.1 The term of this Intellectual Property Agreement
shall commence at the Effective Time, and shall continue at all times thereafter, unless terminated/cancelled earlier by either Party as provided in this Article VI. 
 6.2 No waiver of any breach of, or default under, this Intellectual Property Agreement shall constitute a waiver of any other breach of, or default under, this Intellectual Property Agreement, and no waiver
shall be effective unless made in writing and signed by an authorized representative of the Party waiving the breach or default. 
 6.3
If Spinco or any of its Subsidiaries voluntarily files for bankruptcy or makes an assignment for the benefit of its creditors, or an involuntary assignment or bankruptcy petition is made or filed against Spinco or any of its Subsidiaries,
Licensor may immediately terminate this Intellectual Property Agreement and the licenses granted to Spinco and/or such Subsidiaries herein. 
 6.4 In the event of any material breach of any provision of this Intellectual Property Agreement related to Licensed Intellectual Property by Spinco or any of its Subsidiaries which is not cured within thirty (30) days of
written notice by Licensor, Licensor shall have the right to terminate/cancel the rights and licenses granted to Spinco and its Subsidiaries under Licensed Intellectual Property. The foregoing shall be in addition to any other rights and remedies
available to Licensor. 
 ARTICLE VII - General Provisions 
 7.1 Notwithstanding anything to the contrary, Spinco or its Subsidiaries may, upon prior notice to Licensor: (i) assign, without the consent of Licensor, any of the rights and obligations hereunder to any
Affiliate of Spinco or Subsidiary that is actually conducting the Business of the Spinco or its Subsidiaries in the Licensed Field of Use, provided that such Affiliate or Subsidiary agrees in writing to be bound by the terms and conditions of this
Intellectual Property Agreement, or (ii) assign, without the consent of Licensor, any of their rights and obligations 
  

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 hereunder to a third party in connection with a sale of all or substantially all of the Business of Spinco or its
Subsidiaries in the Licensed Field of Use (whether by merger, consolidation, sale of assets, sale or exchange of stock or otherwise), provided that such third party agrees in writing to be bound by the terms and conditions of this Intellectual
Property Agreement. The foregoing shall not apply to Designated Spinco Statutory Intellectual Property, Spinco Non-Statutory Intellectual Property, Business Proprietary Software (except as otherwise provided in Section 2.4) or Proprietary Business
Information which may be assigned and conveyed to any third party by Spinco or its Subsidiaries without restriction. 
 7.2 Except and
to the extent expressly provided herein, the provisions of Article VIII (Miscellaneous) of the Distribution Agreement shall apply to this Intellectual Property Agreement and such provisions are expressly incorporated herein; provided, however,
in the event of conflict between the provisions of this Intellectual Property Agreement and the Distribution Agreement, the provisions of this Intellectual Property Agreement shall take precedence. 
  

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 IN WITNESS WHEREOF, each of the Parties has caused this Intellectual Property Agreement to be executed in
duplicate originals by its duly authorized representatives on the respective dates entered below. 
  

			
	  

		
	By:	 	  

	Name:	 	  

	Title:	 	  

	Date:	 	  

	
	 Idearc Inc.

		
	By:	 	  

	Name:	 	  

	Title:	 	  

	Date:	 	  

  

 112002 Employment  Agreement of Katherine J. Harless

 Exhibit 10.11 
  

			
		  	

		
		  	 1095 Avenue of the Americas
 New York, NY 10036

 July 1, 2002 
 Ms. Katherine J. Harless 
 8649 N. MacArthur Blvd. #1078 
 Irving, TX 75063 
 Dear Kathy: 
 I am pleased to offer you this new employment
agreement (the “Agreement”) with Verizon Communications Inc. (“Verizon”), and, as an indication of my confidence in your abilities, I have added an automatic renewal provision. For purposes of this Agreement, the term
“Company” means Verizon, all corporate subsidiaries and other companies affiliated with Verizon, all companies in which Verizon has an ownership or other proprietary interest of more than 10 percent, and their successors and assigns.

 The many opportunities and challenges facing the Company are enormous and exciting. As a leader in our industry, we will be constantly
challenged with sustaining our market growth and presence. We will meet these challenges by leveraging the strength of our talented and committed leaders. This Agreement demonstrates my continued confidence in you. 
 I value you and the leadership, vision, and commitment you bring to the Company. I am excited by the prospect of you continuing as a key member of the
Company's leadership team. 
 The terms and conditions of this Agreement are set forth below. 
 1. Purpose – Verizon enters into this Agreement with you because the rapidly-changing and increasingly global telecommunications
market requires the Company to make critical strategic, marketing, and technical decisions. These decisions by the Company will be based, in whole or in part, on confidential analyses of the evolving telecommunications market, confidential
assessments of the technical capabilities and strategic plans of the Company 

 Ms. Katherine J. Harless 
 July 1, 2002 
  Page
 2
 
  

 
and competing businesses, and confidential or proprietary information regarding the Company’s technology, resources, and business opportunities or other
confidential or proprietary information relating to the Company’s business. Verizon seeks by this Agreement to ensure that you remain a part of the executive management team that plays a central role in this decision-making process. 

In consideration for your entering into this Agreement, including the restrictions on the disclosure and use of confidential or proprietary
information and the limitations on your engaging in competitive activities, the Company is providing you with the security of a written two-year agreement, short- and long-term award opportunities, and other benefits. 
 2. General – Under this Agreement, you shall continue as a senior executive of the Company. As a senior executive, you shall report to
Mike Masin. 
 3. Term – The term of employment under this Agreement (“Term of Employment”) shall commence on
July 1, 2002, and end on June 30, 2004; provided that, on the last day of the Term of Employment, the Term of Employment shall automatically be extended for an additional two years unless, on or before that date, the Term of Employment
terminates or the Company notifies you in writing that the Term of Employment shall not be extended. For example, on June 30, 2004, the Term of Employment shall be extended until June 30, 2006, unless, on or before June 30, 2004, the
Term of Employment terminates or the Company notifies you in writing that the Term of Employment shall not be extended, and, if the Term of Employment is extended until June 30, 2006, the Term of Employment shall be extended on that date until
June 30, 2008, unless, on or before June 30, 2006, the Term of Employment terminates or the Company notifies you in writing that the Term of Employment shall not be extended. Notwithstanding the preceding provisions of this paragraph 3,
the Company reserves the right to terminate your employment and the Term of Employment at any time. Your employment and the Term of Employment also may terminate for other reasons (such as your resignation, retirement, death, or disability). The
consequences of the termination of your employment are specified in paragraph 11 (“Termination Of Employment”). 

 Ms. Katherine J. Harless 
 July 1, 2002 
  Page
 3
 
  

 4. Duties And Responsibilities – You shall continue to serve as a senior executive
of the Company in such capacities, with such titles and authorities, as Mike Masin or his successor may from time to time prescribe, and you shall perform all duties incidental to such positions, shall cooperate fully with Mike or his successor, and
shall work cooperatively with the other officers of the Company. You shall continue to devote your entire business skill, time, and effort diligently to the affairs of the Company in accordance with the duties assigned to you, and you shall perform
all such duties, and otherwise conduct yourself, in a manner reasonably calculated in good faith by you to promote the best interests of the Company. During the Term of Employment, except to the extent specifically permitted in writing by Mike or
his successor, and except for memberships on boards of directors that you held on October 3, 2000, (the date of your previous employment agreement with Verizon), you shall not, directly or indirectly, render any services of a business,
commercial, or professional nature to any other person or organization other than the Company or a person or organization in which the Company has a financial interest, whether or not the services are rendered for compensation. 
 5. Location – During the Term of Employment, you shall perform services for the Company at either its New York City headquarters or
the Company’s offices in Dallas, Texas, or at any other location designated by the Company as necessary or appropriate for the discharge of your responsibilities under this Agreement. In the event of any change in your principal work location,
you shall be eligible for relocation assistance under the terms of any Company relocation policy applicable to other senior executives of the Company in your salary band at the time of such relocation. 
 6. Base Salary – During the Term of Employment, your annual base salary shall not be less than your annual base salary on the date of
this Agreement; provided that if you are granted a merit increase in your base salary, your base salary shall not thereafter be reduced below that increased level during the Term of Employment. The Human Resources Committee of Verizon’s Board
of Directors or its designee shall review your base salary at least annually. 
 7. Short-Term And Long-Term Bonus
Opportunities – During the Term of Employment, the Company shall provide you with annual short-term and long-term bonus opportunities equivalent to those available to other senior 

 Ms. Katherine J. Harless 
 July 1, 2002 
  Page
 4
 
  

 
executives of the Company in your salary band. While you are not guaranteed an annual short-term or long-term bonus award in any amount, (a) the value
of your annual short-term bonus opportunity shall be not less than 75 percent of your then-current base salary, and (b) the value of your annual long-term bonus opportunity shall not be less than 425 percent of your then-current base salary.

 8. Benefits And Perquisites – (a) In General – For the immediate future, you shall– 
  

	 	(1)	participate in the tax-qualified and nonqualified retirement plans and in the other employee benefit plans (such as the medical and dental plans), programs, and policies in which
you currently participate; and 

  

	 	(2)	be eligible for the perquisites available to senior executives in your salary band; 

 provided that the Company retains the right to amend or terminate any benefit plan, policy, program, or perquisite at any time. 
 (b) Annual Physical – You are encouraged to take an annual physical examination from a physician at the Company’s
expense and to certify in writing to the Company’s designee each year (1) that you have had the examination and (2) the nature and extent of any medical impairments that prevent you from currently performing the essential functions of
your position. 
 9. Special Retention Account Program – Pursuant to your October 3, 2000, employment agreement with
Verizon (the “Prior Agreement”), the Company established a Special Retention Account on your behalf under the GTE Executive Salary Deferral Plan, which was subsequently transferred to the Verizon Income Deferral Plan. You shall also be
eligible for such other benefits as are provided under the Verizon Income Deferral Plan to employees with Special Retention Accounts. A copy of the applicable provisions of the Verizon Income Deferral Plan relating to the Special Retention Account
is attached hereto as Exhibit A, which is incorporated herein by reference. Your rights to the balance in your Special Retention Account following the termination of your employment shall be governed by the applicable provisions of the Verizon

 Ms. Katherine J. Harless 
 July 1, 2002 
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Income Deferral Plan, rather than by the terms of paragraphs 11 (“Termination of Employment”) and 12 (“Release”). 
 10. Excise Tax Gross-Up – Under certain circumstances you may become entitled to a gross-up payment with respect to the excise tax
imposed by section 4999 of the Internal Revenue Code (the “Code”). The terms governing the gross-up payment are set forth in Exhibit B, which is incorporated herein by reference. 
 11. Termination Of Employment – (a) Voluntary Termination By You – You may terminate your employment under this Agreement
for a reason other than Retirement (as defined in subparagraph (c), below) or Good Reason (as defined in subparagraph (d), below) by giving the Chief Executive Officer of Verizon (the “CEO”), at least 30 calendar days’ (exclusive of
vacation days) in advance of such termination, written notice of your intent to so terminate. The termination shall automatically become effective upon the expiration of such notice period. Upon the effective date of such termination, your base
salary and any other Company benefits and perquisites shall cease to accrue, you shall forfeit all then-outstanding stock options, and you shall forfeit all rights under this Agreement which as of the relevant date have not yet been earned. A
termination of employment in accordance with this subparagraph (a) shall be deemed a “Voluntary Termination.” 
 (b) Termination Due To Death Or Disability – If, during the Term of Employment, you terminate employment because of death or disability (as defined under the Company-sponsored long-term disability plan that applies to you
at the time your employment is so terminated), the Company shall make a lump-sum cash payment to you equal to the excess of (1) one times the sum of your base salary and short-term bonus (at 50% of maximum), over (2) any amounts payable to
you under Company-sponsored disability plans. You shall also be entitled to accelerated vesting of all outstanding stock options, and you shall be entitled to exercise all then-outstanding stock options until the earlier of (1) the fifth
anniversary of the date your employment terminates (or any later date prescribed by the terms of the option relating to termination of employment) or (2) the expiration of the option; provided that if you terminate employment because of death,
your rights under this subparagraph (b) shall pass to your estate. For this purpose, your base salary shall be based on your base salary rate in effect immediately before your employment terminated. 

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 July 1, 2002 
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 (c) Retirement – You may terminate your employment under this
Agreement by reason of Retirement (as defined below) by giving the CEO, at least 30 calendar days’ (exclusive of vacation days) in advance of such termination, written notice of your intent to so terminate. The termination shall automatically
become effective upon the expiration of such notice period. Upon the effective date of such termination, you shall be entitled to a pro-rated portion of any short-term and long-term bonuses (when and to the extent that they are earned) and
accelerated vesting of all outstanding stock options (other than the Founders’ Grant), and you shall be entitled to exercise all then-outstanding stock options (excluding nonvested Founders’ Grant options) until the earlier of (1) the
fifth anniversary of the date your employment terminates (or any later date prescribed by the terms of the option relating to termination of employment) or (2) the expiration of the option. For purposes of this Agreement, “Retirement”
means attaining normal retirement age under the terms of the Verizon Management Pension Plan (the “Pension Plan”) or satisfying the Rule of 75 under the Pension Plan (or being deemed retirement eligible pursuant to any other plan or
agreement). Except as provided by the preceding provisions of this subparagraph (c), upon the effective date of your Retirement, your base salary and any other Company benefits and perquisites shall cease to accrue; provided that you shall otherwise
be eligible to receive any and all compensation and benefits for which a similarly situated senior executive would be eligible under the applicable provisions of the compensation and benefit plans in which he is then eligible to participate, as
those plans may be amended from time to time. 
 (d) Termination For Good Reason – (1) You may
terminate your employment under this Agreement for Good Reason by giving the CEO, at least 30 calendar days’ (exclusive of vacation days) in advance of such termination (the “Notice Period”), written notice of your intent to so
terminate, setting forth in reasonable detail the facts and circumstances deemed to provide a basis for such termination. For purposes of this Agreement, “Good Reason” means a material breach by the Company of the terms and conditions of
this Agreement, a material reduction in your overall compensation opportunities, or your assignment to a new principal work location that is more than 50 miles from your previous principal work location and from New York City. A “Good
Reason” shall not occur merely because of a change in the individual (or position) to whom (or to which) you report. In addition, a "Good Reason" shall not occur merely because the Company notifies you, in accordance with 

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paragraph 3 (“Term”), that the Term of Employment shall not be extended for an additional two-year period. 
 (2) Notwithstanding the foregoing, the Company shall have 15 calendar days from its receipt of such notice to cure the action specified in
the notice. In the event of a cure by the Company within the 15-day period, the action in question shall not constitute Good Reason. 
 (3) Except as provided in subparagraph (d)(2), above, at the end of the Notice Period, the Good Reason termination shall take effect, and your obligation to serve the Company, and the Company’s obligation to employ you, under the terms
of this Agreement shall terminate simultaneously, and you shall be deemed to have incurred an Involuntary Termination Without Cause, with the consequences described in subparagraph (e), below; provided that your rights under this subparagraph
(d) are contingent on your execution of a release in accordance with paragraph 12 (“Release”). 
 (4) If you do
not fulfill the notice and explanation requirements imposed by this subparagraph (d), the resulting termination of employment shall be deemed a Voluntary Termination. 
 (e) Involuntary Termination Without Cause – The Company may terminate your employment under this Agreement at any time
and for any reason. However, if the Company terminates your employment during the Term of Employment for any reason other than death, disability, or Cause (as defined in subparagraph (f), below), such termination shall be deemed an Involuntary
Termination by the Company, and you shall be entitled to receive the following payments and benefits in lieu of any payment or benefit otherwise provided pursuant to paragraphs 6 (“Base Salary”) through 8 (“Benefits And
Perquisites”): 
  

	 	(1)	 The Company shall make a lump-sum cash severance payment to you equal to the excess of (i) two times the sum of your base salary and short-term bonus (at
50% of maximum), over (ii) the sum of your then-current balance in your Special Retention Account, as determined under the Verizon 

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Income Deferral Plan, and any amounts paid or payable to you under any Company-sponsored severance plan, program, policy, contract, account, or arrangement;

  

	 	(2)	Your unvested stock options shall immediately vest, and you may exercise all of your then-outstanding stock options at any time up to the earlier of (i) the fifth anniversary
of the date your employment terminates (or any later date prescribed by the terms of the option relating to termination of employment) or (ii) the expiration of the option; and 

  

	 	(3)	You shall be eligible for outplacement services to the extent that such services are then available to senior executives in your salary band; 

 provided that your rights under this subparagraph (e) are contingent on your execution of a release in accordance with paragraph 12 (“Release”). For
purposes of this paragraph 11(e), the Company shall not be deemed to have terminated your employment during the Term of Employment if the Company notifies you, in accordance with paragraph 3 (“Term”), that the Term of Employment shall not
be extended for an additional two-year period. 
 (f) Involuntary Termination For Cause – (1) Nothing
in this Agreement prevents the Company from terminating your employment under this Agreement for Cause. In the event of your termination for Cause, the Company shall pay you your full accrued base salary and accrued vacation time through the date of
your termination, you shall forfeit all then-outstanding stock options if you are not eligible for Retirement at the time of your termination, and the Company shall have no further obligations under this Agreement; provided that you shall otherwise
be eligible to receive any and all compensation and benefits for which a similarly situated senior executive would be eligible under the applicable provisions of the compensation and benefit plans in which he is then eligible to participate, as
those plans may be amended from time to time. 
 (2) For purposes of this Agreement, “Cause” is defined as
(i) grossly incompetent performance or substantial or continuing inattention to 

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or neglect of the duties and responsibilities assigned to you; fraud, misappropriation or embezzlement involving the Company or a material breach of any
provision incorporated in paragraph 13 (“Covenants”), as determined by the CEO in his discretion, or (ii) commission of any felony of which you are finally adjudged guilty by a court of competent jurisdiction. 
 (3) If the Company terminates your employment for Cause, the Company shall provide you with a written statement of the grounds for such
termination within 10 business days after the date of termination. 
 12. Release – You shall not be entitled to any
benefits under this Agreement following the termination of your employment unless, at the time your employment terminates, you execute a release satisfactory to the Company releasing the Company, its affiliates, shareholders, directors, officers,
employees, representatives, and agents and their successors and assigns from any and all employment-related claims you or your successors and beneficiaries might then have against them (excluding any claims you might then have under this Agreement,
or any employee benefit plan that is subject to the vesting standards imposed by the Employee Retirement Income Security Act of 1974, as amended). This paragraph 12 shall not apply if your employment is terminated by reason of your Retirement (other
than by an involuntary termination without Cause or a "Good Reason" termination), disability, or death. 
 13. Covenants –
In consideration for the benefits and agreements described above, you agree to comply with the covenants set forth in Exhibit C hereto, which is incorporated herein by reference. 
 14. Request For Waiver – Nothing in this Agreement bars you from requesting, at the time of your termination of employment or at any
time thereafter, that the CEO, in his sole discretion, waive in writing the Company’s rights to enforce some or all of the provisions incorporated in paragraph 13 (“Covenants”). 
 15. Other Agreements And Policies – The obligations imposed on you by paragraph 13 (“Covenants”) are in addition to, and not
in lieu of, any and all other policies and agreements of the Company regarding the subject matter of the foregoing obligations. 

 Ms. Katherine J. Harless 
 July 1, 2002 
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 16. Nonduplication Of Benefits – No provision of this Agreement shall require the
Company to provide you with any payment, benefit, or grant that duplicates any payment, benefit, or grant that you are entitled to receive under any Company compensation or benefit plan, award agreement, or other arrangement. 
 17. Other Company Plans – Except to the extent otherwise explicitly provided by this Agreement, any awards made to you under any
Company compensation or benefit plan or program shall be governed by the terms of that plan or program and any applicable award agreement thereunder as in effect from time to time. Notwithstanding the foregoing, you shall not be entitled to
participate in any Company compensation or benefit plan that is established after your employment with the Company terminates, and except as specifically provided in this Agreement, you shall not be entitled to any additional grants or awards under
any Company compensation or benefit plan after your employment with the Company terminates. The amounts paid, provided, or credited under this Agreement shall not be treated as compensation for purposes of determining any benefits payable under any
Company-sponsored pension, savings, life insurance, or other employee benefit plan except to the extent provided by the terms of such plan. 
 18. Forfeiture – (a) If you breach any of the obligations incorporated in paragraph 13 (“Covenants”), or engage in serious misconduct that is contrary to written policies of the Company and is harmful to
the Company or its reputation, you shall forfeit: 
  

	 	(1)	all credits that are added to your Retirement Contribution Sub-Account in the Verizon Income Deferral Plan (or to any successor account in that plan or a successor plan)
("Retirement Contribution Sub-Account"), on or after January 1, 2002, other than the GTE Supplemental Executive Retirement Plan conversion credit (the “Conversion Credit”); 

  

	 	(2)	 any interest or other earnings or gains on or after January 1, 2002, with respect to any credits in your Retirement Contribution Sub-Account (including any
interest, or other 

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earnings or gains attributable to the Conversion Credit or any interest or other earnings or gains attributable to any other credit regardless of when the
credit was added to your Retirement Contribution Sub-Account); and 

  

	 	(3)	any unpaid incentive compensation (such as performance bonus awards or other awards under the Verizon Communications Inc. Long-Term Incentive Plan) that you are otherwise entitled
to receive. 

 (b) The remedies available under this paragraph are in addition to, and not in lieu of, the
remedies available under paragraph 25 (“Additional Remedies”). 
 19. No Deemed Waiver – Failure to insist upon
strict compliance with any of the terms, covenants, or conditions of this Agreement shall not be deemed a waiver of such term, covenant, or condition, nor shall any waiver or relinquishment of any right or power hereunder at any one or more times be
deemed a waiver or relinquishment of such right or power at any other time or times. 
 20. Taxes – The Company may
withhold from any benefits payable under this Agreement all taxes that the Company reasonably determines to be required pursuant to any law, regulation, or ruling. However, it is your obligation to pay all required taxes on any amounts and benefits
provided under this Agreement, including the benefits and perquisites provided to you pursuant to paragraph 8 (“Benefits and Perquisites”), regardless of whether withholding is required. 
 21. Confidentiality – Except to the extent otherwise required by law, you shall not disclose, in whole or in part, any of the terms of
this Agreement. This paragraph 21 does not prevent you from disclosing the terms of this Agreement to your spouse or to your legal, tax, or financial adviser, provided that you take all reasonable measures to assure that he or she does not disclose
the terms of this Agreement to a third party except as otherwise required by law. 
 22. Governing Law – To the extent not
preempted by federal law, the provisions of this Agreement shall be construed and enforced in accordance with the laws of the State of New York, excluding any conflicts or choice of 

 Ms. Katherine J. Harless 
 July 1, 2002 
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law rule or principle that might otherwise refer construction or interpretation of this provision to the substantive law of another jurisdiction. 

23. Assignment – Verizon may, without your consent, assign its rights and obligations under this Agreement to any entity that is a
part of the Company, and if Verizon makes such an assignment, all references in this Agreement to Verizon (except for references to Verizon common stock) shall be deemed to refer to the assignee. However, you may not assign your rights and
obligations under this Agreement. 
 24. Severability – The agreements contained herein and within the release prescribed
by paragraph 12 (“Release”) shall each constitute a separate agreement independently supported by good and adequate consideration, and shall each be severable from the other provisions of the Agreement and such release. If an arbitrator or
court of competent jurisdiction determines that any term, provision, or portion of this Agreement or such release is void, illegal, or unenforceable, the other terms, provisions, and portions of this Agreement or such release shall remain in full
force and effect, and the terms, provisions, and portions that are determined to be void, illegal, or unenforceable shall either be limited so that they shall remain in effect to the extent permissible by law, or such arbitrator or court shall
substitute, to the extent enforceable, provisions similar thereto or other provisions, so as to provide to the Company, to the fullest extent permitted by applicable law, the benefits intended by this Agreement and such release. 
 25. Additional Remedies – In addition to any other rights or remedies, whether legal, equitable, or otherwise, that each of the
parties to this Agreement may have, you acknowledge that 
  

	 	(a)	The covenants incorporated in paragraph 13 (“Covenants”) are essential to the continued good will and profitability of the Company; 

  

	 	(b)	You have broad-based skills that will serve as the basis for employment opportunities that are not prohibited by the covenants incorporated in paragraph 13 (“Covenants”);

 Ms. Katherine J. Harless 
 July 1, 2002 
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	 	(c)	When your employment with the Company terminates, you shall be able to earn a livelihood without violating any of the terms of this Agreement; 

  

	 	(d)	Irreparable damage to the Company shall result in the event that the covenants incorporated in paragraph 13 (“Covenants”) are not specifically enforced and that monetary
damages will not adequately protect the Company from a breach of such covenants; 

  

	 	(e)	If any dispute arises concerning the violation by you of the covenants incorporated in paragraph 13 (“Covenants”), an injunction may be issued restraining such violation
pending the determination of such controversy, and no bond or other security shall be required in connection therewith; 

  

	 	(f)	Such covenants shall continue to apply after any expiration, termination, or cancellation of this Agreement; and 

  

	 	(g)	Your breach of any of such covenants shall result in your immediate forfeiture of all rights under this Agreement. 

 26. Survival – The provisions of paragraphs 13 (“Covenants”) through 28 (“Entire Agreement”) shall survive the
Term of Employment. In addition, if the Term of Employment is not extended in accordance with paragraph 3 (“Term”) but your employment continues after the end of the Term of Employment, you shall be subject to the obligations imposed by
each of such paragraphs with respect to such employment. Any obligations that the Company has incurred under this Agreement to provide benefits that have vested under the terms of this Agreement (including the Company’s obligations under
paragraph 11(c) (“Retirement”)) shall likewise survive the Term of Employment. Except as provided by the preceding provisions of this paragraph 26, if the Term of Employment is not extended in accordance with paragraph 3 (“Term”)
but your employment continues after the end of the Term of Employment, the terms of such employment shall not be governed by this Agreement. 
 27. Arbitration – Any dispute arising out of or relating to this Agreement (except any dispute arising out of or relating to paragraph 13 

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(“Covenants”)), and any dispute arising out of or relating to your employment, shall be settled by final and binding arbitration, which shall be
the exclusive means of resolving any such dispute, and the parties specifically waive all rights to pursue any other remedy, recourse, or relief. With respect to disputes by the Company arising out of or relating to paragraph 13
(“Covenants”), the Company has retained all its rights to legal and equitable recourse and relief, including but not limited to injunctive relief, as referred to in paragraph 25 (“Additional Remedies”). The arbitration shall be
expedited and conducted in the State of New York pursuant to the Center for Public Resources (“CPR”) Rules for Non-Administered Arbitration in effect at the time of notice of the dispute before one neutral arbitrator appointed by CPR from
the CPR Panel of neutrals unless the parties mutually agree to the appointment of a different neutral arbitrator. The arbitration shall be governed by the Federal Arbitration Act, 9 U.S.C. sections 1-16, and judgment upon the award rendered by the
arbitrator may be entered by any court having jurisdiction. The finding of the arbitrator may not change the express terms of this Agreement and shall be consistent with the arbitrator’s understanding of the findings a court of proper
jurisdiction would make in applying the applicable law to the facts underlying the dispute. In no event whatsoever shall such an arbitration award include any award of damages other than the amounts in controversy under this Agreement. The parties
waive the right to recover, in such arbitration, punitive damages. Each party hereby agrees that New York City is the proper venue for any litigation seeking to enforce any provision of this Agreement or to enforce any arbitration award under this
paragraph 27, and each party hereby waives any right it otherwise might have to defend, oppose, or object to, on the basis of jurisdiction, venue, or forum nonconveniens, a suit filed by the other party in any federal or state court in New York City
to enforce any provision of this Agreement or to enforce any arbitration award under this paragraph 27. Each party also waives any right it might otherwise have to seek to transfer from a federal or state court in New York City a suit filed by the
other party to enforce any provision of this Agreement or to enforce any arbitration award under this paragraph 27. 
 28. Entire
Agreement – Except for the terms of the compensation and benefit plans in which you participate (including any award agreements issued thereunder), this Agreement, including the Exhibits hereto, sets forth the entire understanding of
you and the Company, and supersedes all prior agreements and communications, whether oral or written, between the 

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Company (or GTE or Bell Atlantic or any of their respective subsidiaries) and you regarding the subject matter of this Agreement, including the Prior
Agreement. This Agreement shall not be modified except by written agreement of you and Verizon. 
 Kathy, I believe that this Agreement continues to provide
you and your family with a firm foundation of financial security as our Company faces many new challenges and opportunities. I recognize that the Company and the telecommunications industry operate in a rapidly changing and demanding environment. It
is my hope that this Agreement demonstrates to you the level of confidence that I have in your abilities to meet the commitments that I expect from you. Please indicate your acceptance by signing below and returning the signed Agreement to me or
Ezra Singer within ten business days after your receipt of this Agreement. 
  

	
	 Sincerely yours,

	
	 
	Ivan Seidenberg
	 Chief Executive Officer

 cc: E. Singer 
 I agree to the terms described above. 

	
	
	   
	Katherine J. Harless

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