Document:

TMUS 06/30/2013 EX 10.22

	
		
	
	2013 Annual Corporate Bonus Plan (“the Plan”)
T-Mobile USA, Inc. (“the Company”)

EXHIBIT 10.22

SUMMARY

The Annual Corporate Bonus Plan describes the circumstances under which eligible employees have the opportunity to earn bonuses.  Each eligible employee has a target bonus, which is set as a percentage of base salary and varies by career band and job title.  Eligible employees may earn an award based on the Company’s evaluation of performance against two components: Individual and Company.  Weightings for these two components are based on career band.
  
For the Individual component, bonus payouts under the Plan are determined by management as they distribute their Bonus Budget based on individual performance.  For the Company component, bonus payouts are determined by multiplying the applicable target bonus opportunity by the Company Results.  Total bonus amounts are calculated as the sum of the Individual payout, and if applicable, the Company payout.

EFFECTIVE DATE
The 2013 Annual Corporate Bonus Plan aligns with our payroll calendar year. The performance period is 12/23/2012 through 12/21/2013 and bonuses are calculated based on these pay period effective dates.

PLAN DEFINITIONS

Eligible Earnings – The sum of the earnings paid, while holding a bonus-eligible position, during the Performance Period in accordance with the Eligible Earnings Addendum at the end of this document.

Target Bonus Percentage – A percentage assigned by job to each employee holding a bonus-eligible position that represents a percentage of Eligible Earnings.

Target Award – The employee’s Target Bonus Percentage multiplied by the employee’s Eligible Earnings for the Performance Period.

Target Bonus Opportunity – The employee’s Target Award multiplied by the component weighting and Eligible Earnings.   

Company Results – A percentage, reflecting Company achievement against key metrics, that funds bonus opportunity for the Company component awards made under this Plan.

Threshold – Minimum achievement targets for the Company’s metrics.  The threshold for at least one Company metric must be met to fund any bonus opportunity for the Company component.

Bonus Budget – The sum of the Individual component Target Bonus Opportunity amounts for a manager’s direct reports. 

Payout Recommendation – A percentage assigned by management to each eligible employee based on the employee’s individual performance, representing the percentage of the Individual component’s Target Bonus Opportunity awarded.

Good Standing – Good Standing means an employee has consistently met the behavior, performance and conduct standards of the employee’s position, as determined by management.

Regular Full-Time – The classification for employees who are regularly scheduled to work 30 or more hours per week and who work in a position designated as Regular Full-Time.

Regular Part-Time – The classification for employees who are consistently scheduled to work at least 20 and less than 30 hours per week and who work in a position designated as Regular Part-Time I.

Performance Period – Consecutive twelve-month period beginning the 1st day of 1st pay period of the calendar year and ending on the last day of the last full pay period in the calendar year. Details regarding the performance period paydates can be found in the Eligible Earnings section of this document.

Page 1 of 5

	
		
	
	2013 Annual Corporate Bonus Plan (“the Plan”)
T-Mobile USA, Inc. (“the Company”)

Employees must satisfy the following criteria to be eligible for consideration for a bonus pursuant to the Plan: 
		
	1.
	Be on T-Mobile's payroll on or before October 31st.  

		
	2.
	Be a Regular Full-Time employee or a Regular Part-Time employee and be actively employed (not on leave of absence) for at least 40 workdays during the Performance Period in a bonus-eligible position. Employees on inactive employment status for the entire performance period are not eligible for bonus payouts.

		
	3.
	Be on T-Mobile's payroll and either actively employed or on an authorized leave of absence on the date of payment of any bonus.  Bonuses are not earned or due until paid.  Employees whose T-Mobile employment ends prior to payment of any bonus for a particular Performance Period for any reason other than the employee's death or involuntary termination by the Company as a result of certain corporate reorganizations (which are addressed below), have not earned and have forfeited the opportunity and their eligibility to earn a bonus for the Performance Period.

		
	4.
	Employees eligible for commission, bonus, or incentive compensation independent of the Plan may not also receive a bonus pursuant to the Plan, unless specifically set forth in a formal written contract signed by the employee and the Chairperson, President, or CEO of T-Mobile and, if applicable, approved by the Compensation Committee.

		
	5.
	Former Metro PCS employees who are/were eligible to receive payouts under the MetroPCS Annual Cash Performance Award bonus program in 2013 are ineligible under this Plan, unless specifically set forth in a formal written contract signed by the employee and the Chairperson, President, or CEO of T-Mobile and, if applicable, approved by the Compensation Committee. 

COMPONENTS & WEIGHTS

The Plan rewards performance against Individual and Company performance measures. Weightings for these two components are based on career band on the last day of the Performance Period.

	
			
	Role / Career Band
	Component Weighting*

	Individual
	Company

	Individual Contributors (L06 – L11) and
People Managers (L07 – L09)
	100%
	0%

	Director, Sr Directors and VPs (L04, L05 & L06)
	75%
	25%

	SVPs and Chiefs (L02 & L03)
	25%
	75%

* Applicable to employees on T-Mobile payroll with hire dates on or prior to April 30, 2013

	
			
	Role / Career Band
	Component Weighting**

	Individual
	Company

	Individual Contributors (L06 – L11) and
People Managers (L07 – L09)
	100%
	0%

	Director, Sr Directors and VPs (L04, L05 & L06)
	100%
	0%

	SVPs and Chiefs (L02 & L03)
	100%
	0%

** Applicable to employees on T-Mobile payroll with hire dates on or after May 1, 2013 

COMPANY COMPONENT

Company performance is measured on key metrics. Results for each metric are combined to calculate the Company Results.  2013 metrics are set forth in Exhibit A.

A minimum threshold must be achieved on at least one of the metrics to generate awards for the Company component.  If none of the minimum performance thresholds are achieved, no bonus will be awarded for this component under this Plan.  If the minimum threshold for any metric is achieved, then the Company Results will be applied to each Participant’s Target Award.  Company Results can range from 0% to 200%.  The Company component applies to eligible executive employees in Career Bands L02 - L06.  

INDIVIDUAL COMPONENT

Eligible employees will be evaluated by management based upon individual performance against identified goals for the performance period.  In determining a performance rating and payout recommendation, managers should consider the employee’s results against goals, how the employee lived the Values, as well as the employee’s performance in daily work.

Individual payout recommendations range from 0% to 200%.  

MISCELLANEOUS PLAN TERMS

Page 2 of 5

	
		
	
	2013 Annual Corporate Bonus Plan (“the Plan”)
T-Mobile USA, Inc. (“the Company”)

At-Will Employment - Nothing in the Plan shall be construed in any way to alter the fact that T-Mobile employment is at will, which means that it is not for any specific duration and that an employee or the Company may terminate the employment relationship at any time with or without notice, reason or cause.
 
Corporate Reorganizations - An otherwise eligible employee whose employment is involuntarily terminated by the Company due to a corporate reorganization prior to payment of an annual bonus and who has signed and returned the applicable separation agreement may nevertheless, at the Company's sole discretion, receive the Individual component and Company component of the bonus for the Performance Period in which the employee's employment ended.  

Any such bonus payment will be based on the employee’s salary at time of separation, prorated for the number of weeks employed during the Performance Period.  The bonus award calculation will also be based on the employee’s career band and bonus target at the time of separation, and will be paid at, or near, the time that severance benefits are paid.

Change in Control - Notwithstanding any other provision of this Plan, upon a Change in Control, the Performance Period related thereto shall be terminated and a Participant who is employed by the Company immediately prior to the Change in Control shall be treated as earning for the calendar year in which the Change in Control occurs a bonus payment at target (100%) prorated by the ratio of the number of days in the Performance Period preceding the date of the Change in Control to the total number of days in the Performance Period, payable within 60 days of the Change in Control transaction date.

Prior Plans - This document supersedes any and all other bonus plans, guidelines, proposals, representations, promises and inducements, written or oral, describing or relating to any corporate bonuses.  Employees eligible under this Plan are not eligible for any other incentives or bonuses.

Target Bonus Percentage Changes - If an otherwise eligible employee's Target Bonus Percentage changes during the Performance Period, the Target Bonus Percentage will be computed using the employee's Target Bonus Percentage that applies during each time period. To illustrate this, consider an employee who gets promoted on June 23, 2013.  As part of the promotion, the employee's Target Bonus Percentage increases from 10% to 15%.  Below is a sample illustration of how a “blended bonus target” would be calculated:

	
				
	Period
	Bonus Target %
	# of Days
	Blended Bonus Target %

	12/23/2012 – 06/22/2013
	10%
	112
	12.5%

	06/23/2013 – 12/21/2013
	15%
	71

	BLENDED BONUS TARGET  FOR 2013 Performance Period:

Target Bonus Component Weighting Changes – If an otherwise eligible employee’s career band changes during the Performance Period from a non-executive role to executive or vice versa, the component weighting in effect on the last day of the last pay period of the performance plan period will be used for calculating the bonus payout. To illustrate this, consider an employee who is promoted on June 23, 2013, from non-executive role to a Director role in Career Band L06.  The component weighting for bonus calculations for a non-executive role is 100% Individual/0% Company whereas the component weighting for bonus calculations for a Director role in Career Band L06 is 75% Individual/25% Company. Since the employee is in a position in L06 on the last day of the last payroll period, the latter component weighting will be used for the calculation of the bonus for the performance period. 

Job Changes - 
		
	▪
	Transfers into the Plan - An employee who transfers into an eligible job during the performance period and remains in the eligible job for at least 40 workdays may earn a bonus award based on Eligible Earnings and Target Bonus Percentage while in the eligible job.  A performance rating must accompany any individual Payout Recommendation.

		
	▪
	Transfers out of the Plan - If an employee transfers out of an eligible job and worked at least 40 workdays, but is still employed by the Company at the time of the Annual Bonus Plan bonus payment, the employee may earn a bonus award based on Eligible Earnings and Target Bonus Percentage while in the eligible job.

Leave of Absence - An eligible employee who takes a leave of absence during the Performance Period may earn a bonus award based on Eligible Earnings during the Performance Period.  Employees on continuous leave for the entire performance period (inactive status) are not eligible for bonus payments.  Refer to the 2013 Eligible Earnings Addendum for more details. 

Not in Good Standing (NGS) - An eligible employee who is NGS at any point during the Performance Period may still earn a bonus award based on Eligible Earnings during the Performance Period.  Management should, however, consider NGS status in determining the employee's Payout Recommendation.

Payment - Bonuses are determined at the Company's sole discretion and are not earned or due until paid.  Bonuses are subject to payroll taxes and withholdings and will be reported to the Internal Revenue Service as income on form W-2. 

Page 3 of 5

	
		
	
	2013 Annual Corporate Bonus Plan (“the Plan”)
T-Mobile USA, Inc. (“the Company”)

Rehires - Any eligible employee who separates employment and is subsequently rehired into an eligible job within 30 calendar days thereafter will be eligible for a bonus based on the Eligible Earnings for the entire Performance Period.   Any eligible employee who separates employment and is subsequently rehired after 30 calendar days must meet all Plan eligibility criteria.

Death – An otherwise eligible employee who dies prior to payment of annual bonus may nevertheless, at the Company’s sole discretion, receive a bonus for the Performance Period in which the employee died.  Any such bonus shall be paid to the employee’s estate within 90 days of the employee’s death.  Any such bonus will be calculated using the employee’s Target Bonus Percentage from job at time of death and annual salary prorated for the number of weeks employed during the Performance Period.  The Individual component of any such bonus will be paid at 100% achievement and the Company component (if applicable) will be paid at 100% achievement.  

Not a Contract – This Plan is not intended, and shall not be construed, to be a contract or an offer of contract and does not promise specific treatment in specific circumstances.  Rather, it constitutes guidelines that the Company may in its sole discretion apply, interpret, modify and/or discontinue without prior notice.  Because any bonuses are determined at the Company’s sole discretion and are not earned or due until paid, there shall be no expectation of earning or payment of any bonus for any particular Performance Period.  Finally, to the extent there is a conflict between the terms of this Plan and the terms set forth in any other document, such as an offer letter, the terms in this Plan shall control and the conflicting terms in the other document shall be void.

Unintended Windfalls – Bonuses are earned only with respect to transactions that arise in the ordinary course of business.  Bonuses that, in the Company’s sole discretion, would be wholly or partially attributable to corporate transactions such as mergers and the like may not, in the Company’s sole discretion, be paid under the Plan.  The effect of any transactions outside the ordinary course of business on bonus eligibility is determined by the Company in its sole discretion.

Page 4 of 5

	
		
	
	2013 Annual Corporate Bonus Plan (“the Plan”)
T-Mobile USA, Inc. (“the Company”)

ADDENDUM 
TO 
T-MOBILE USA, INC.
2013 ANNUAL CORPORATE BONUS PLAN

Effective upon the consummation on April 30, 2013 of the transactions contemplated by the Business Combination Agreement dated October 3, 2012, by and among Deutsche Telekom AG ("Deutsche Telekom"), T-Mobile Global Zwischenholding GmbH, a direct wholly-owned subsidiary of Deutsche Telekom ("Global"), T-Mobile Global Holding GmbH, a direct wholly-owned subsidiary of Global ("Holding"), T-Mobile USA, Inc., a direct wholly-owned subsidiary of Holding, and MetroPCS Communications, Inc., the T-Mobile USA, Inc. 2013 Annual Corporate Bonus Plan (the "Plan") was modified to provide that (i) the individual component of awards under the Plan will continue to be earned through the remainder of the performance period subject to assessment of performance at the end of the performance period, with any earned amounts payable after completion of the performance period provided the participant remains actively employed by T-Mobile US, Inc. through the date of payment as set forth in the Plan and (ii) the Company Results (as that term is defined in the Plan) component of awards under the Plan will be frozen at the higher of trending performance as of April 30, 2013 and payable after completion of the performance period provided the participant remains actively employed by T-Mobile US, Inc. through the date of payment as set forth in the Plan.

Page 5 of 5TMUS 06/30/2013 EX 10.24

EXHIBIT 10.24

NOTICE OF GRANT OF RESTRICTED STOCK UNIT AWARD
(TIME-VESTING, SECTION 16 OFFICER)

T-MOBILE US, INC.
2013 OMNIBUS INCENTIVE PLAN
FOR GOOD AND VALUABLE CONSIDERATION, T-Mobile US, Inc. (the “Company”) hereby grants this Restricted Stock Unit Award (the “Award”) of the number of Restricted Stock Units set forth in this Notice of Grant of Restricted Stock Unit Award (the “Notice”) to the Grantee designated in this Notice, pursuant to the provisions of the Company's 2013 Omnibus Incentive Plan (the “Plan”) and subject to certain restrictions as outlined below in this Notice and the additional provisions set forth in the attached Terms and Conditions of Restricted Stock Units Award (the “Terms”).  Together, this Notice, the attached Terms and all Exhibits hereto constitute the “Agreement.”  The terms and conditions of the Plan are incorporated by reference in their entirety into this Agreement.  When used in this Agreement, the terms which are defined in the Plan shall have the meanings given to them in the Plan, as modified herein (if applicable).

Grantee:    [__________]

		
	Grant Date:
	[__________]

# of Restricted Stock Units:    [________]

Vesting Schedule:    Subject to the terms of the Plan and this Agreement, the Restricted Stock Units shall become earned and vested, and shares of Stock shall be issued in settlement of vested Restricted Stock Units, in accordance with the following schedule, in the event the Grantee does not have a Separation from Service prior to the applicable vesting date(s):

	
		
	Vesting Date
	% Vesting

Only a whole number of Restricted Stock Units will become vested as of any given vesting date.  If the number of Restricted Stock Units determined as of a vesting date is a fractional number, the number vesting will be rounded down to the nearest whole number with any fractional portion carried forward.  No Restricted Stock Units shall become earned and vested following Grantee's Separation from Service, except as expressly provided in the Notice below, as applicable, or as otherwise provided pursuant to the terms of the Plan.

Impact of Separation from Service on Vesting: See Exhibit A

Acceleration of Vesting on or following a Change in Control:  See Exhibit A

By signing below, the Grantee agrees that this Award is granted under and governed by the terms and conditions of the Plan and this Agreement.

This Award is conditioned upon the Grantee's acceptance of the provisions set forth in this Agreement within 90 days after the Agreement is presented to the Grantee for review.  If the Grantee fails to accept the Award within such 90-day period, the Award shall be null and void, and the Grantee's rights in the Award shall immediately terminate without any payment of consideration by the Company.  

Grantee                        T-Mobile US, Inc.

___________________________            By: __________________________
Title: _________________________
Date: ______________________            Date: _________________________

EXHIBIT A

Separation from Service and Change in Control

(a)    Impact of Separation from Service; Change in Control.  If the Grantee has a Separation from Service before any of the vesting date(s) specified under “Vesting Schedule” in the Notice, then any unearned Restricted Stock Units shall become earned and vested or be canceled depending on the reason for Separation from Service as follows.   
 
                        (i)        Death or Disability.  If the Grantee has a Separation from Service due to the Grantee's death or Disability, any unearned Restricted Stock Units shall become immediately earned and vested as of the date of such Separation from Service.  
 
                        (ii)       Workforce Reduction or Divestiture.  If the Grantee has a Separation from Service as a result of a Workforce Reduction or Divestiture, then the unearned Restricted Stock Units otherwise scheduled to become earned and vested at the next scheduled vesting date specified under “Vesting Schedule” in the Notice shall become immediately earned and vested as of the date of such Separation from Service and any remaining unearned Restricted Stock Units shall be immediately canceled as of that date; provided, however, that the Grantee  will not be eligible to receive any vesting of the Restricted Stock Units under this paragraph (a)(ii) unless the Grantee executes all documents required under the applicable Company severance program or otherwise, including without limitation any required release of claims, within the applicable time frames set forth in such documents or as prescribed by the Company.  In the event the Grantee fails to execute all required documents in a timely fashion, if any portion of the Award has been earned or paid to the Grantee after the Separation from Service but before the Grantee's failure to execute all required documents, the Grantee covenants and agrees that the Grantee will have no right, title or interest in such amount earned or paid and that the Grantee will cause such amount to be returned immediately to the Company upon notice.

[For Mr. Legere only, clause (ii) is replaced in its entirety with the following:  (ii)       Without Cause or For Good Reason.  If the Grantee has a Separation from Service (other than as provided in section (a)(iii) below) either (1) by action of the Company for any reason other than Cause (including due to non-renewal of Grantee's Employment Agreement with the Company dated September 22, 2012 or any successor agreement (the “Employment Agreement”) by notice given by the Company, but excluding due to the Grantee's death or Disability) or (2) for Good Reason, then the unearned Restricted Stock Units otherwise scheduled to become earned and vested at the next scheduled vesting date specified under “Vesting Schedule” in the Notice shall become immediately earned and vested as of the date of such Separation from Service and any remaining unearned Restricted Stock Units shall be immediately canceled as of that date; provided, however, that the Grantee will not be eligible to receive any vesting of the Restricted Stock Units under this paragraph (a)(ii) unless the Grantee executes all documents required under the Employment Agreement, including without limitation, any required release of claims, within the applicable time frames set forth in the Employment Agreement. In the event the Grantee fails to execute all required documents in a timely fashion, if any portion of the Award has been earned or paid to the Grantee after the Separation from Service but before the Grantee's failure to execute all required documents, the Grantee covenants and agrees that the Grantee will have no right, title or interest in such amount earned or paid and that the Grantee will cause such amount to be returned immediately to the Company upon notice.]
 
                        (iii)      Change in Control.  Notwithstanding anything in this Agreement to the contrary but subject to the provisions of Section 15.3.1(i) of the Plan, if (A) a Change in Control occurs and (B) on or after the Change in Control and on or before the first anniversary of the Change in Control either (1) the Grantee has a Separation from Service by action of the Company or the Grantee's employing Subsidiary for any reason other than Cause ([For Mr. Legere only: including due to non-renewal of the Employment Agreement by notice given by the Company, but] excluding due to the Grantee's death or 
Disability) or (2) the Grantee has a Separation from Service for Good Reason, then any unearned Restricted Stock Units shall become immediately earned and vested as of the date of such Separation from Service.

(iv)      Any other Separation from Service.  If the Grantee has a Separation from Service for any reason other than as specified in subparagraphs (i), (ii) or (iii) above, any Restricted Stock Units that were not already earned and vested pursuant to the schedule specified under “Vesting Schedule” in the Notice as of the date of the Separation from Service shall be immediately canceled as of the date of Separation from Service.

(b)    Definitions.  For purposes of this Agreement, the following terms shall have the following meanings:

“Cause” shall be defined as that term is defined in the Grantee's offer letter or other applicable employment agreement; or, if there is no such definition, “Cause” means any one or more of the following: (i) the Grantee's gross neglect or willful material breach of the Grantee's principal employment responsibilities or duties; (ii) a final judicial adjudication that the Grantee is guilty of any felony (other than a law, rule or regulation relating to a traffic violation or other similar offense that has no material adverse affect on the Company or any of its Subsidiaries); (iii) the Grantee's breach of any non-competition or confidentiality covenant between the Grantee and the Company or any Subsidiary; (iv) fraudulent conduct as determined by a court of competent jurisdiction in the course of the Grantee's employment with the Company or any of its Subsidiaries; or (v) the material breach by the Grantee of any other obligation which continues uncured for a period of 30 days after notice thereof by the Company or any of its Subsidiaries.

“Divestiture” means a Separation from Service as the result of a divestiture or sale of a business unit as determined by the Grantee's employer based on the personnel records of the Company and its Subsidiaries. [For Mr. Legere only, this definition is omitted in its entirety.]

“Good Reason” shall be defined as that term is defined in the Grantee's offer letter or other applicable employment agreement; or, if there is no such definition, “Good Reason” means the occurrence of any of the following events without the Grantee's consent, provided that the Grantee has complied with the Good Reason Process: (i) a material diminution in the Grantee's responsibility, authority or duty; (ii) a material diminution in the Grantee's base salary except for across-the-board salary reductions based on the Company and its Subsidiaries' financial performance similarly affecting all or substantially all management employees of the Company and its Subsidiaries; or (iii) the relocation of the office at which the Grantee was principally employed immediately prior to a Change in Control to a location more than fifty (50) miles from the location of such office, or the Grantee being required to be based anywhere other than such office, except to the extent the Grantee was not previously assigned to a principal location and except for required travel on business to an extent substantially consistent with the Grantee's business travel obligations at the time of the Change in Control.

                        “Good Reason Process” means that (i) the Grantee reasonably determines in good faith that a Good Reason condition has occurred; (ii) the Grantee notifies the Company and its Subsidiaries in writing of the occurrence of the Good Reason condition within 60 days of such occurrence; (iii) the Grantee cooperates in good faith with the Company and its Subsidiaries' efforts, for a period of not less than 30 days following such notice (the “Cure Period”), to remedy the condition; (iv) notwithstanding such efforts, the Good Reason condition continues to exist following the Cure Period; and (v) the Grantee has a Separation from Service within 60 days after the end of the Cure Period.  If the Company or its Subsidiaries cures the Good Reason condition during the Cure Period, and the Grantee has a Separation from Service due to such condition (notwithstanding its cure), then the Grantee will not be deemed to have had a Separation from Service for Good Reason.

“Workforce Reduction” means the Grantee's Separation from Service as a result of a reduction in force, realignment or similar measure as determined by the Grantee's employer and (i) the Grantee is officially notified in writing of such Separation from Service due to a workforce reduction and eligibility for the Company's severance program under which the Grantee is covered, or (ii) if not covered by a Company severance program, the Grantee is notified in writing by an authorized officer of the Company or any Subsidiary that the Separation from Service is as a result of such action.  [For Mr. Legere only, this definition is omitted in its entirety.]

TERMS AND CONDITIONS OF RESTRICTED STOCK UNIT AWARD

The Restricted Stock Unit Award (the “Award”) granted by T-Mobile US, Inc. (the “Company”) to the Grantee specified in the Notice of Grant of Restricted Stock Unit Award (the “Notice”) to which these Terms and Conditions of Restricted Stock Unit Award (the “Terms”) are attached, is subject to the terms and conditions of the Plan, the Notice, and these Terms.  The terms and conditions of the Plan are incorporated by reference in their entirety into these Terms.  Together, the Notice, all Exhibits to the Notice and these Terms constitute the “Agreement.”  A Prospectus describing the Plan has been delivered to the Grantee.  The Plan itself is available upon request.  When used in this Agreement, the terms which are defined in the Plan shall have the meanings given to them in the Plan, as modified herein (if applicable).  For purposes this Agreement, any reference to the Company shall include a reference to any Affiliate.  

		
	1.
	Grant of Units.  

(a)    As of the Grant Date set forth in the Notice, the Company grants to the Grantee the number Restricted Stock Units (“Units”) set forth in the Notice.  Each Unit represents the right to receive one share of Stock at a future date after the Unit has become earned and vested, subject to the terms and conditions of this Agreement.

(b)    The Units covered by this Award shall become earned and vested in accordance with the schedule set forth in the Notice.  Each earned and vested Unit shall be settled on the date(s) specified in the Notice by issuance of one share of Stock on or as soon as administratively practicable (but no more than 60 days) after the applicable vesting and/or settlement date specified in the Notice, subject to the requirements of (i) Section 4 (Withholding), Section 6 (Regulatory Restrictions on the Shares Issued Upon Settlement), and Section 7(m) (Recovery of Compensation) of this Agreement and (ii) Section 17.9 of the Plan regarding a potential six-month delay in settlement for awards to certain Grantees to the extent determined by the Company to be necessary to comply with Section 409A.

(c)    Units constitute an unfunded and unsecured obligation of the Company.  The Grantee shall not have any rights of a stockholder of the Company with respect to the shares of Stock underlying the Units unless and until the Units become earned and vested and are settled by the issuance of shares of Stock.  Upon issuance of shares of Stock in connection with the settlement of vested Units, the Grantee shall be the record owner of the shares of Stock unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a stockholder of the Company (including voting rights).

(d)    The Grantee may designate a beneficiary to receive payment in connection with the Units in the event of the Grantee's death in accordance with the Company's beneficiary designation procedures, as in effect from time to time.  If the Grantee does not designate a beneficiary, or if the Grantee's designated beneficiary does not survive the Grantee, then the Grantee's beneficiary will be the Grantee's estate.

(e)    The Units shall not entitle the Grantee to receive any dividend equivalents with respect to any cash dividend that is otherwise paid with respect to shares of the Stock.

		
	2.
	Restrictions.  Subject to any exceptions set forth in this Agreement, until such time as the Units become earned and vested and are settled in shares of Stock in accordance with Section 1, the Units or the rights relating thereto may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Grantee. Any attempt to assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Units or the rights relating thereto shall be 

wholly ineffective and, if any such attempt is made, the Units will be forfeited by the Grantee and all of the Grantee's rights to such Units shall immediately terminate without any payment of consideration by the Company.

		
	3.
	Cancellation of Rights.  If any portion of the Units fail to become earned and vested (for example, because the Grantee fails to satisfy the vesting conditions specified in the Notice prior to a Separation from Service), then such Units shall be immediately forfeited as of the date of such failure and all of the Grantee's rights to such Units shall immediately terminate without any payment of consideration by the Company.

		
	4.
	Withholding.  

(a)    Regardless of any action the Company takes with respect to any or all income tax, payroll tax or other tax-related withholding (“Tax-Related Items”), the Grantee acknowledges that the ultimate liability for all Tax-Related Items owed by the Grantee is and remains the Grantee's responsibility and that the Company (i) makes no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Award, including the grant or vesting of the Units or the subsequent sale of shares of Stock acquired upon vesting; and (ii) does not commit to structure the terms of the grant or any aspect of the Award to reduce or eliminate the Grantee's liability for Tax-Related Items.

(b)    Prior to vesting of the Units, the Grantee shall pay or make adequate arrangements satisfactory to the Company to satisfy all withholding obligations of the Company.  In this regard, the Grantee authorizes the Company to withhold all applicable Tax-Related Items legally payable by the Grantee from the Grantee's wages or other cash compensation paid to the Grantee by the Company or from proceeds of the sale of the shares of Stock.  Alternatively, or in addition, to the extent permissible under applicable law, the Company may (i) sell or arrange for the sale of shares of Stock that the Grantee acquires to meet the withholding obligation for Tax-Related Items, and/or (ii) withhold in shares of Stock, provided that the Company only withholds the amount of shares of Stock necessary to satisfy the minimum withholding amount.  Finally, the Grantee shall pay to the Company any amount of Tax-Related Items that the Company may be required to withhold as a result of the Grantee's participation in the Plan that cannot be satisfied by the means previously described.  The Company may refuse to issue and deliver shares of Stock in payment of any earned and vested Units if the Grantee fails to comply with the Grantee's obligations in connection with the Tax-Related Items as described in this Section 4.

		
	5.
	Grantee Representations.  The Grantee hereby represents to the Company that the Grantee has read and fully understands the provisions of this Agreement, the Prospectus and the Plan, and the Grantee's decision to participate in the Plan is completely voluntary.  Further, the Grantee acknowledges that the Grantee is relying solely on his or her own advisors with respect to the tax consequences of this Award.

		
	6.
	Regulatory Restrictions on the Shares Issued Upon Settlement.  Notwithstanding the other provisions of this Agreement, the Committee shall have the sole discretion to impose such conditions, restrictions and limitations on the issuance of shares of Stock with respect to this Award unless and until the Committee determines that such issuance complies with (i) any applicable registration requirements under the Securities Act or the Committee has determined that an exemption therefrom is available, (ii) any applicable listing requirement of any stock exchange on which the Stock is listed, (iii) any applicable Company policy or administrative rules, and (iv) any other applicable provision of state, federal or foreign law, including foreign securities laws where applicable.

		
	7.
	Miscellaneous.

(a)    Notices.  Any notice which either party hereto may be required or permitted to give to the other shall be in writing and may be delivered personally, by intraoffice mail, by fax, by electronic mail or other electronic means, or via a postal service, postage prepaid, to such electronic mail or postal address and directed to such person as the Company may notify the Grantee from time to time; and to the Grantee at the Grantee's electronic mail or postal address as shown on the records of the Company from time to time, or at such other electronic mail or postal address as the Grantee, by notice to the Company, may designate in writing from time to time.

(b)    Waiver.  The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any other or subsequent breach.

(c)    Entire Agreement.  This Agreement and the Plan constitute the entire agreement between the parties with respect to the subject matter hereof. Any prior agreements, commitments or negotiations concerning the Award are superseded [For Mr. Legere only: , including without limitation, any provisions of the Employment Agreement that would otherwise apply to the Award.  In that regard, you acknowledge and agree that this Award, together with the performance-vesting Restricted Stock Unit award made to you as of the date hereof and the outstanding cash-based awards made to you under the legacy T-Mobile LTIP as currently in effect, satisfy the Company's obligations regarding LTIP awards under Section 3(c) of the Employment Agreement through 2014]. 

(d)    Binding Effect; Successors.  This Agreement shall inure to the benefit of and be binding upon the parties hereto and to the extent not prohibited herein, their respective heirs, successors, assigns and representatives.  Nothing in this Agreement, express or implied, is intended to confer on any person other than the parties hereto and as provided above, their respective heirs, successors, assigns and representatives any rights, remedies, obligations or liabilities.

(e)    Governing Law.  This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without giving effect to the principles of conflicts of law, and applicable Federal law.

(f)    Arbitration. The Company and the Grantee shall make a good faith attempt to resolve any and all claims and disputes regarding the Award or the Agreement in accordance with any dispute resolution adopted by the Company before resorting to any other dispute resolution procedure. If the claim or dispute is not resolved in that manner and involves any rights or obligations under the Agreement, then the claim or dispute will be determined by arbitration in accordance with the then-current American Arbitration Association (“AAA”) national rules for the resolution of employment disputes by arbitration, except as modified herein. The arbitration will be conducted by a sole neutral arbitrator who has had both training and experience as an arbitrator of employee compensation matters. If the Company and the Grantee cannot agree on an arbitrator, then the arbitrator will be selected by the AAA applying the criteria in this provision. Reasonable discovery will be permitted and the arbitrator may decide any issue as to discovery. The arbitrator may decide any issue as to whether or as to the extent to which, any dispute is subject to the dispute resolution provisions of this Section 7(f). The arbitrator may award only relief at law contemplated under the Agreement and the Plan and the arbitrator may not award incidental, consequential or punitive damages, attorney's fees or any form or equitable relief, to either party. The arbitrator must base the arbitration award on the provisions of this Section 7(f) and applicable law and must render the award in writing, including an explanation of the reasons for the award. Judgment upon the award may be entered by any court having jurisdiction of the 

matter, and the decision of the arbitrator will be final and binding. The statute of limitations applicable to the commencement of a lawsuit will apply to the commencement of an arbitration. The arbitrator's fees will be paid in equal portions by the Company and the Grantee, unless the Company agrees to pay all such fees.

(g)    Venue. Any arbitration, legal or equitable action or any proceeding arising directly, indirectly, or otherwise in connection with, out of, related to or from the Agreement, or any provision hereof, shall exclusively be filed and adjudicated in King County, Washington and no other venue.

(h)    Headings.  The headings contained herein are for the sole purpose of convenience of reference, and shall not in any way limit or affect the meaning or interpretation of any of the terms or provisions of this Agreement.

(i)    Conflicts; Amendment.  The provisions of the Plan are incorporated in this Agreement in their entirety.  In the event of any conflict between the provisions of this Agreement and the Plan, the provisions of the Plan shall control.  This Agreement may be amended at any time by the Committee, provided that no amendment may, without the consent of the Grantee, materially impair the Grantee's rights with respect to the Award. The Committee shall have full authority and discretion, subject only to the terms of the Plan, to decide all matters relating to the administration or interpretation of the Plan, the Award, and the Agreement, and all such action by the Committee shall be final, conclusive, and binding upon the Company and the Grantee.  
(j)    No Right to Continued Employment.  Nothing in this Agreement shall confer upon the Grantee any right to continue in the employ or service of the Company or affect the right of the Company to terminate the Grantee's employment or service at any time.

(k)    Further Assurances.  The Grantee agrees, upon demand of the Company or the Committee, to do all acts and execute, deliver and perform all additional documents, instruments and agreements which may be reasonably required by the Company or the Committee, as the case may be, to implement the provisions and purposes of this Agreement and the Plan. 

(l)    Personal Data.  By accepting the Award under this Agreement, the Grantee hereby consents to the Company's use, dissemination and disclosure of any information pertaining to the Grantee that the Company determines to be necessary or desirable for the implementation, administration and management of the Plan.

(m)    Recovery of Compensation.  In accordance with Section 3.3 of the Plan, the Award is subject to the requirements of (i) Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (regarding recovery of erroneously awarded compensation) and any implementing rules and regulations thereunder, (ii) any policies adopted by the Company to implement such requirements, and (iii) any other compensation recovery policies as may be adopted from time to time by the Company, all to the extent determined by the Committee in its discretion to be applicable to the Grantee.

(n)    Restrictive Covenants.  The Grantee has previously entered into a Restrictive Covenant and Confidentiality Agreement (or similarly titled document) (“Restrictive Covenant Agreement”).  The vesting and receipt of benefits under this Award is specifically conditioned on the Grantee's compliance with the Restrictive Covenant Agreement.  To the extent allowed by and consistent with applicable law and any applicable limitations period, if it is determined at any time that the Grantee has materially breached the Restrictive Covenant Agreement, the Company 

will be entitled to (i) cause any unvested portion of the Award to be immediately canceled without any payment of consideration by the Company and (ii) recover from the Grantee in its sole discretion some or all of the shares of Stock (or proceeds received by the Grantee from such shares of Stock) paid to the Grantee pursuant to this Agreement. The Grantee recognizes that if the Grantee materially breaches the Restrictive Covenant Agreement, the losses to the Company and/or its Subsidiaries may amount to the full value of any shares of Stock paid to the Grantee pursuant to this Agreement.

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