Document:

exv10w14xcy

 

EXHIBIT 10.14(c)

SECOND SUPPLEMENTAL INDENTURE

     This Second Supplemental Indenture (this “Supplemental Indenture”), dated as
of December 11, 2007, among, MetroPCS 700 MHz, LLC, a Delaware limited liability company (the
"Guaranteeing Subsidiary”), a subsidiary of MetroPCS Wireless, Inc. (or its permitted successor), a
Delaware corporation (the “Company”), the Company, the other Guarantors (as defined in the
Indenture referred to herein) and The Bank of New York Trust Company, N.A., as trustee under the
Indenture referred to below (the “Trustee”).

W I T N E S S E T H

     WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture (the
"Indenture”), dated as of November 3, 2006 providing for the issuance of 9 1/4% Senior Notes due
2014 (the “Notes”);

     WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary
shall execute and deliver to the Trustee a supplemental indenture pursuant to which the
Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s Obligations under the
Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and

     WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
deliver this Supplemental Indenture.

     NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the
Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes
as follows:

1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

2. Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees to provide an
unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee
and in the Indenture, including but not limited to Article 10 thereof.

4. No Recourse Against Others. No past, present or future director, officer, employee,
incorporator, stockholder or agent of the Guaranteeing Subsidiary, as such, shall have any
liability for any obligations of the Company or any Guaranteeing Subsidiary under the Notes, any
Note Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect
of, or by reason of, such obligations or their creation. Each Holder of the Notes by accepting a
Note waives and releases all such liability. The waiver and release are part of the consideration
for issuance of the Notes.

 

 

5. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO
CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF
LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED
THEREBY.

6. Counterparts. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

7. Effect of Headings. The Section headings herein are for convenience only and shall not
affect the construction hereof.

8. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in
respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the
recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and
the Company.

[Signature Page Follows]

 

 

     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written.

Dated: December 11, 2007

	 	 	 	 	 
	 	METROPCS 700 MHZ, LLC

 	 
	 	By:  	/s/ Roger D. Linquist
 	 
	 	 	Name:  	Roger D. Linquist 	 
	 	 	Title:  	Chief Executive Officer 	 
	 
	 	METROPCS WIRELESS, INC.

 	 
	 	By:  	/s/ Roger D. Linquist
 	 
	 	 	Name:  	Roger D. Linquist 	 
	 	 	Title:  	Chief Executive Officer 	 
	 
	 	METROPCS MASSACHUSETTS, LLC

METROPCS NEVADA, LLC

METROPCS NEW YORK, LLC

METROPCS PENNSYLVANIA, LLC

METROPCS AWS, LLC

METROPCS, INC.

METROPCS CALIFORNIA, LLC

METROPCS FLORIDA, LLC

METROPCS GEORGIA, LLC

METROPCS MICHIGAN, INC.

METROPCS TEXAS, LLC

GWI PCS1, INC.

METROPCS COMMUNICATIONS, INC.

 	 
	 	By:  	/s/ Roger D. Linquist
 	 
	 	 	Name:  	Roger D. Linquist 	 
	 	 	Title:  	Chief Executive Officer 	 
	 
	 	The Bank of New York Trust Company, N.A.,

as Trustee

 	 
	 	By:  	/s/ Mauri J. Cowan
 	 
	 	 	Authorized Signatoryexv10w33w1

 

Exhibit 10.33.1

	 	 	 
	LSI Corporation

	 	1 800 372 2447
	1110 American Parkway NE

	 	lsi.com
	Allentown, PA 18109
	 	 

November 12, 2007

	 	 	 
	To:

	 	Denis Regimbal
	 
	 	 
	Re:

	 	Benefits Summary Pursuant to the Agere Systems Inc.’s Officer Severance Policy

	 	 	 	 	 	 	 
	Leave of Absence:
	 	1/5/08 -- 2/28/09	 	Termination Date:	 	3/1/09
	 
	 	 	 	 	 	 
	Annual Salary:
	 	$300,000	 	Annual Target Bonus:	 	$225,000 (75%)

As a condition of the termination of your employment with Agere Systems Inc. (“Agere”) on March 1,
2009, the following terms will apply:

	•	 	Separation Agreement. This Agreement is intended to formalize and set forth the terms of your
separation under the Agere Systems Inc. Officer Severance Policy. This Agreement supersedes
and replaces in its entirety the provisions of the Officer Severance Policy.
	 
	•	 	Last Work Date. January 4, 2008. Your final paycheck for January 2008 service and for
accrued but unused vacation shall be paid on or about February 1, 2008.
	 
	•	 	Leave of Absence (LOA); Payments. Agere agrees to place you on a LOA from January 5, 2008
through February 28, 2009 following which time you will terminate from Agere’s payroll. During
the LOA, Agere shall pay you leave of absence payments (the “LOA Payments”) in an amount equal
to One Million and Fifty Thousand Dollars ($1,050,000) as follows:

	 	 	 	 	 
	February 1, 2008
	 	$	42,857.00	 
	March 1, 2008
	 	$	42,857.00	 
	April 1, 2008
	 	$	42,857.00	 
	May 1, 2008
	 	$	42,857.00	 
	June 1, 2008
	 	$	42,857.00	 
	July 1, 2008
	 	$	42,857.00	 
	August 1, 2008
	 	$	42,857.00	 
	September 1, 2008
	 	$	42,857.00	 
	October 1, 2008
	 	$	42,857.00	 
	November 1, 2008
	 	$	42,857.00	 
	December 1, 2008
	 	$	492,859.00	 
	January 1, 2009
	 	$	42,857.00	 
	February 1, 2009
	 	$	42,857.00	 
	March 1, 2009
	 	$	42,857.00	 
	Total:
	 	$	1,050,000.00	 

 

 

The LOA Payments shall be made in the ordinary course of Agere’s payroll cycle and (i)
represent the gross amount before all applicable federal, state and local withholding taxes
that are required to, and will, be deducted by Agere, and (ii) except as set forth in this
Agreement, are in consideration of all amounts owed to you by Agere, including without
limitation any amounts that may be due to you under any Agere benefit or welfare plan or
policies. You will not accrue any vacation or personal days while on a LOA.

While on the LOA, you shall be treated the same as an active employee for all purposes,
including payment of benefits such automobile allowance and financial counseling benefits. In
addition, you will continue to be eligible for the retention bonus as set forth in that certain
letter dated March 2, 2007, and the remaining two installments shall be paid in April 2008 and
March 2009.

In the event of your death while on LOA, then any unpaid portion of the LOA Payments will be
paid, in a lump sum, to your estate. Any unvested stock options and restricted stock units that
would have otherwise vested during the remaining term of the LOA or upon your termination will
vest immediately upon your death and become exercisable by your estate. Any medical coverage
will end upon your death at which time any dependents covered at that time can continue
coverage under the Consolidated Omnibus Budget Reconciliation Act (Cobra) of 1986.

	•	 	Release and Waiver of Claims. As a condition to receiving the LOA payments and the other
benefits hereunder, you must sign a general waiver and release agreement in the attached form.
	 
	•	 	Equity. Upon your termination on March 1, 2009, all your unvested options and restricted
stock units shall vest and shall be treated in accordance with the provisions of the
applicable agreements and plans pursuant to which they were granted.
	 
	•	 	Section 280G Gross-Up. To the extent applicable, all payments hereunder and any acceleration
of equity awards that become subject to excise taxes shall be grossed up for purposes of
Section 280G of the Internal Revenue Code of 1986, as amended.
	 
	•	 	Qualified and Non-Qualified Plan Benefits: You will receive a payout of your accrued
retirement benefits, including payments under the Agere Systems Inc. Management 401(k) Plan,
the Agere Systems Inc. Pension Plan and the Agere Systems Inc. Supplemental Pension Plan, in
accordance with the terms of the applicable plan.
	 
	•	 	Benefits: You are eligible to continue your participation in Agere’s medical, dental and
vision and insurance plans during the LOA period in the same manner as an active employee.
Upon termination you will be eligible to continue your participation in Agere’s medical,
dental and vision plans through COBRA for up to 18 months. Following your termination, Agere
will pay for COBRA benefits and pay for and continue your other insurance coverage through the
earlier of (a) December 31, 2009 or (b) such date as you are receiving benefits from another
employer.

The above details the terms of the agreement between you and Agere Systems Inc. regarding the
termination of your employment. There will be no other payments other than those specified above.
Denis, please sign below to indicate your agreement with the terms and conditions set forth in this
document.

	 	 	 	 	 
	 	 	Agere Systems Inc.
	 
	 	 	 	 
	/s/ Denis Regimbal

	 	By:
	 	/s/ Jean F. Rankin
	Denis Regimbal

	 	Name:
	 	Jean F. Rankin
	 

	 	Title:
	 	President
	Date: November 12, 2007

	 	Date:
	 	November 12, 2007

Page 2 of 2

 

GENERAL WAIVER AND RELEASE AGREEMENT

     1. I understand and agree that (a) I will be on a leave of absence from January 5, 2008 until
February 28, 2009 and that my employment with Agere Systems Inc. (together with its predecessors
and its successors and assigns, “Agere”) will end on March 1, 2009; (b) I will be paid severance
and other benefits as set forth in the attached Benefits Summary Pursuant to the Agere Systems
Inc.’s Officer Severance Policy (“Summary”) only if I sign and do not revoke this General Waiver
and Release Agreement (“Agreement”); and (c) the terms of the Summary are incorporated by reference
in this Agreement and are intended to supersede and extinguish any other obligation Agere may have
to pay me severance or other benefits upon termination, including but not limited to any agreements
or understandings, whether oral or written, made at any time prior to the date of this Agreement.

     2. In consideration of the payments and benefits set forth in the Summary, I, on behalf of
myself and my heirs, executors, administrators, successors and assigns, knowingly and voluntarily
waive, release and forever discharge Agere, each of its subsidiaries or affiliated companies, their
respective current and former officers, employees, agents and directors, and any predecessor,
successor or assign of any of the foregoing, from any claim, charge, action or cause of action that
I or any of them may have against any such released person, whether known or unknown, from the
beginning of time through the date of this Agreement based upon any matter, cause or thing
whatsoever related to or arising out of my employment with Agere or my termination other than
claims arising out of a breach of this Agreement or any claim that cannot be waived by law. All
such claims are forever barred by this Agreement.

     This release and waiver includes, but is not limited to, any rights or claims under United
States federal, state or local law, for wrongful or abusive discharge, for breach of any contract,
or for discrimination based upon race, color, ethnicity, sex, age, national origin, religion,
disability, sexual orientation, or any unlawful criterion or circumstance, including, but not
limited to, rights or claims under the Family and Medical Leave Act, claims of discrimination under
the Employee Retirement Income Security Act, the Equal Pay Act, the Occupational Safety and Health
Act, the Workforce Adjustment Retraining Notification Act, Title VII of the Civil Rights Act of
1964, the Americans with Disabilities Act, Section 1981 through 1988 of the Civil Rights Act of
1866, the Civil Rights Act of 1991, the Age Discrimination in Employment Act of 1967, the Older
Workers Benefit Protection Act, the Rehabilitation Act of 1973, Executive Order 11246 and any other
executive order, the Fair Labor Standards Act and its state and local counterparts, the Uniform
Services Employment and Reemployment Rights Act, and the Immigration Reform Control Act, all as
amended. I confirm that I have no claim or basis for a claim whatsoever against Agere with respect
to any such matters related to or arising out of my employment by Agere or my termination.

     3. I affirm that I have been given at least 21 days within which to consider this release and
its consequences, that I have seven days following my signing of this Agreement to revoke and
cancel the terms and conditions contained herein and the terms and conditions of this Agreement
shall not become effective or enforceable until the seven-day revocation and cancellation period
has expired, and that, prior to the execution of this Agreement, I have been advised by Agere to
consult with an attorney of my choice concerning the terms and conditions set forth herein. Any
revocation or cancellation of this Agreement by me pursuant to this paragraph shall be in writing
delivered to Agere.

Page 1 of 4

 

     4. (a) Until January 4, 2009, I shall not, without the prior written consent of LSI
Corporation’s Chief Executive Officer, (i) directly or indirectly solicit (or encourage any company
or business organization in which I am an officer, employee, partner, director, consultant or
member of a technical advisory board to solicit or employ) or (ii) refer to any employee search
firms, any person who was employed by Agere as of the date hereof.

          (b) Until January 4, 2009, I shall not, without the prior written consent of LSI Corporation’s
Chief Executive Officer, at any time or for any reason, anywhere in the world, directly or
indirectly (i) engage in any business or activity, whether as an employee, consultant, partner,
principal, agent, representative, stockholder (except as a holder of less than 5% of the combined
voting power of the outstanding stock of a publicly held company) or in any other individual,
corporate or representative capacity, or render any services or provide any advice to any business,
activity, person or entity, if I know or reasonably should know that such business, activity,
service, person or entity, directly or indirectly, competes in any material manner with LSI
Corporation’s business as constituted on the date hereof, or (ii) meaningfully assist, help or
otherwise support any person, business, corporation, partnership or other entity or activity,
whether as an employee, consultant, partner, principal, agent, representative, stockholder (other
than in the capacity as a stockholder of less than 5% of the combined voting power of the
outstanding shares of stock of a publicly held company) or in any other individual, corporate or
representative capacity, to create, commence or otherwise initiate, or to develop, enhance or
otherwise further, any business or activity if I know or reasonably should know that such business,
activity, service, person or entity, directly or indirectly, competes in any material manner with
LSI Corporation’s business as constituted on the date hereof. For the purposes of this Agreement,
LSI Corporation’s competitors shall be those companies listed in the “Competition” section of LSI
Corporation’s Form 10-K for the fiscal year ended December 31, 2006.

          (c) If at any time I violate the provisions of Sections 4(a) or 4(b) above, any amounts
remaining unpaid as set forth in the Summary as well as any benefits provided for in the Summary
(other than those from qualified retirement or welfare plans) and any continuing vesting of stock
options or restricted stock units, if any, shall immediately be forfeited and terminated, and any
amounts already paid to me in accordance with the Summary, except for the sum of One Thousand
Dollars ($1,000) shall, at Agere’s sole discretion, be required to be repaid by me to Agere within
ten (10) business days of Agere’s request in writing therefore. This provision shall not affect
Agere’s right to otherwise specifically enforce any provision relating to non-solicitation or
non-competition that is in this Agreement or in any other agreement, document or plan applicable to
me.

          (d) I hereby agree that, from time to time upon Agere’s reasonable request, I shall assist
Agere in connection with any pending or future dispute, litigation, arbitration or similar
proceeding or investigation or any regulatory requests or filings involving Agere, any of its
employees or directors or the employees and directors of any subsidiary.

          (e) I agree to not (i) testify or otherwise provide testimony in any form at or for any legal
or administrative proceeding, including testimony related to any matter involving Agere, unless
legally compelled to do so or (ii) make statements to third parties, the public, the press or the
media or any administrative agency, in either case that would portray Agere in an adverse light or
disparage Agere, or cause injury to Agere with respect to events occurring prior to or after the
date hereof.

     5. I agree to return to Agere any and all Agere property (other than my personal computer and
cell phone) of any kind or description whatsoever, including, but not limited to,

Page 2 of 4

 

any Confidential Information (as defined below), which has been furnished to me or is held by
me, at my residence or elsewhere, and shall not retain any copies, duplicates, reproductions or
excerpts thereof. I also agree and covenant, that I shall not divulge to any other person or entity
any proprietary or confidential information, whether written or oral, received or gained by me in
the course of my employment by Agere or of my duties with Agere (“Confidential Information”), nor
shall I make use of any such Confidential Information on my own behalf or on behalf of any other
person or entity, for so long as such Confidential Information is not known to the general public.

     In addition, I agree to abide by the terms of any confidentiality and/or proprietary
information agreement that I have entered into with Agere, the terms of which shall continue in
full force and effect.

     6. If I am a California resident, I expressly waive Section 1542 of the California Civil Code,
which provides:

“A general release does not extend to claims which the creditor does not know or
suspect to exist in his favor at the time of executing the release which if known by
him must have materially affected his settlement with the debtor.”

If I am a resident of another state, I agree to waive the benefits of any statute similar in terms
and effect to this provision.

     7. This Agreement contains the entire agreement concerning the subject matter hereof and
supersedes all prior agreements, understandings, discussions, negotiations, and undertakings,
whether written or oral, with respect thereto, except for the confidentiality and/or proprietary
information agreements referred to above. In the event that any provision or portion of this
Agreement shall be determined to be invalid or unenforceable for any reason, the remaining
provisions or portions of this Agreement shall be unaffected thereby and shall remain in full force
and effect to the fullest extent permitted by law.

     8. This Agreement may not be modified or amended except by a writing signed by me and LSI
Corporation’s Executive Vice President, General Counsel and Secretary.

     9. I understand that any taxes (other than the employer-mandated portion of FICA and FUTA)
which may become due as a result of any payment or transaction contemplated by this Agreement
including the attached Summary are my sole responsibility, and I further agree to hold Agere
harmless on account thereof. In addition, I agree that taxes which are due but unpaid may be
setoff against any sums due under this Agreement to the maximum extent allowed by law.

     10. This Agreement shall be interpreted in accordance with the plain meaning of its terms and
not strictly for or against any person or entity. To the extent that federal law controls the
interpretation or enforceability of any provision of this Agreement, this Agreement shall be
construed and enforced in accordance with federal law. Otherwise, this Agreement shall be governed
by and construed and interpreted in accordance with the laws of the Commonwealth of Pennsylvania
without reference to the principles of conflicts of law.

Page 3 of 4

 

     BY SIGNING AND DELIVERING THIS AGREEMENT, I STATE THAT: I HAVE READ IT AND UNDERSTAND IT; I
AGREE WITH IT AND AM AWARE THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING RIGHTS PROVIDED BY THE
OLDER WORKERS BENEFIT PROTECTION ACT, FOR CONSIDERATION TO WHICH I WAS NOT ALREADY OTHERWISE
ENTITLED; I WAS ADVISED TO, AND AM AWARE OF MY RIGHT TO CONSULT WITH AN ATTORNEY BEFORE SIGNING IT;
AND I HAVE SIGNED IT KNOWINGLY AND VOLUNTARILY.

	 	 	 	 	 
	 

	 	/s/ Denis Regimbal

Denis Regimbal
	 	 
	 
	 	 	 	 
	 

	 	Date: November 12, 2007	 	 

Page 4 of 4

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