Document:

Deferred Compensation Plan, As Amended & Restated, Effective January 1, 2009

 Exhibit 10.38 
 SPEEDWAY MOTORSPORTS, INC. 
 DEFERRED
COMPENSATION PLAN 
 AS AMENDED AND RESTATED,
EFFECTIVE JANUARY 1, 2009 

 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

					
	ARTICLE I	  		  	
	 Establishment and Purpose
	  	1
			
	ARTICLE II	  		  	
	 Definitions
	  	1
			
	ARTICLE III	  		  	
	 Eligibility and Participation
	  	8
			
	ARTICLE IV	  		  	
	 Deferrals
	  	9
			
	ARTICLE V	  		  	
	 Company Contributions
	  	11
			
	ARTICLE VI	  		  	
	 Benefits
	  	12
			
	ARTICLE VII	  		  	
	 Modifications to Payment Schedules
	  	15
			
	ARTICLE VIII	  		  	
	 Valuation of Account Balances; Investments
	  	16
			
	ARTICLE IX	  		  	
	 Administration
	  	17
			
	ARTICLE X	  		  	
	 Amendment and Termination
	  	19
			
	ARTICLE XI	  		  	
	 Informal Funding
	  	19
			
	ARTICLE XII	  		  	
	 Claims
	  	20
			
	ARTICLE XIII	  		  	
	 General Provisions
	  	23

 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

 ARTICLE I 
 Establishment and Purpose 
 Speedway Motorsports, Inc. (the “Company”) hereby amends and restates the Speedway Motorsports, Inc.
Deferred Compensation Plan (the “Plan”), effective January 1, 2009. The Plan was originally effective as of July 1, 2005, such that all amounts deferred under the Plan since its inception are subject to Code Section 409A.

 The purpose of the Plan is to attract and retain key employees by providing each Participant with an opportunity to defer receipt of a portion of their
salary, eligible bonus, and other specified compensation. The Plan is not intended to meet the qualification requirements of Code Section 401(a), but is intended to meet the requirements of Code Section 409A and shall continue to be
operated and interpreted consistent with that intent. 
 The Plan constitutes an unsecured promise by a Participating Employer to pay benefits in the future.
Participants in the Plan shall have the status of general unsecured creditors of the Company or the Adopting Employer, as applicable. Each Participating Employer shall be solely responsible for payment of the benefits of its employees and their
beneficiaries. The Plan is unfunded for Federal tax purposes and is intended to be an unfunded arrangement for eligible employees who are part of a select group of management or highly compensated employees of the Employer within the meaning of
Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. Any amounts set aside to defray the liabilities of the Company or an Adopting Employer under this Plan will remain the general assets of the Company or the Adopting Employer and shall remain subject
to the claims of the Company’s or the Adopting Employer’s creditors until such amounts are distributed to the Participants. 
 ARTICLE II 
 Definitions 
  

	2.1	Account. Account means a bookkeeping account maintained in accordance with the Plan to record the payment obligation of a Participating Employer to a Participant as
determined under the terms of the Plan. The Committee may maintain an Account to record the total obligation to a Participant and component Accounts to reflect amounts payable at different times and in different forms. Reference to an Account means
any such Account established pursuant to the Plan, as the context requires. Accounts are intended to constitute unfunded obligations within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. 

  

	2.2	Account Balance. Account Balance means, with respect to any Account, the total payment obligation owed to a Participant from such Account as of the most recent Valuation
Date. 

  

	2.3	Adopting Employer. Adopting Employer means an Affiliate that has employees (or former employees) who have been designated as eligible to participate in the Plan.

  

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	2.4	Affiliate. Affiliate means a corporation, trade or business that, together with the Company, is treated as a single employer under Code Section 414(b) or (c).

  

	2.5	Beneficiary. Beneficiary means a natural person, estate, or trust designated by a Participant to receive payments to which a Beneficiary is entitled in accordance with
provisions of the Plan. The Participant’s spouse, if living, otherwise the Participant’s estate, shall be the Beneficiary if: (i) the Participant has failed to properly designate a Beneficiary, or (ii) all designated
Beneficiaries have predeceased the Participant. 

 A former spouse shall have no interest under the Plan, as Beneficiary or
otherwise, unless the Participant designates such person as a Beneficiary after dissolution of the marriage, except to the extent provided under the terms of a domestic relations order as described in Code Section 414(p)(1)(B). 
  

	2.6	Business Day. A Business Day is each day on which the New York Stock Exchange is open for business. 

  

	2.7	Change in Control. Change in Control, with respect to a Participating Employer that is organized as a corporation, occurs on the date on which any of the
following events occur (i) a change in the ownership of the Participating Employer; (ii) a change in the effective control of the Participating Employer; (iii) a change in the ownership of a substantial portion of the assets of the
Participating Employer. 

 For purposes of this Section, a change in the ownership of the Participating Employer occurs on the
date on which any one person, or more than one person acting as a group, acquires ownership of stock of the Participating Employer that, together with stock held by such person or group constitutes more than 51% of the total fair market value or
total voting power of the stock of the Participating Employer. A change in the effective control of the Participating Employer occurs on the date on which either (i) a person, or more than one person acting as a group, acquires ownership of
stock of the Participating Employer possessing 51% or more of the total voting power of the stock of the Participating Employer, taking into account all such stock acquired during the 12-month period ending on the date of the most recent
acquisition, or (ii) a majority of the members of the Participating Employer’s Board of Directors is replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the members of such Board
of Directors prior to the date of the appointment or election, but only if no other corporation is a majority shareholder of the Participating Employer . A change in the ownership of a substantial portion of assets occurs on the date on which any
one person, or more than one person acting as a group, other than a person or group of persons that is related to the Participating Employer, acquires assets from the Participating Employer that have a total gross fair market value equal to or more
than 51% of the total gross fair market value of all of the assets of the Participating Employer immediately prior to such acquisition or acquisitions, taking into account all such assets acquired during the 12-month period ending on the date of the
most recent acquisition. 
  

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 An event constitutes a Change in Control with respect to a Participant only if the Participant
performs services for the Participating Employer that has experienced the Change in Control, or the Participant’s relationship to the affected Participating Employer otherwise satisfies the requirements of Treasury Regulation
Section 1.409A-3(i)(5)(ii). 
 Notwithstanding anything to the contrary herein, with respect to a Participating Employer that is a
partnership, Change in Control means only a change in the ownership of the partnership or a change in the ownership of a substantial portion of the assets of the partnership, and the provisions set forth above respecting such changes relative to a
corporation shall be applied by analogy. 
 The determination as to the occurrence of a Change in Control shall be based on objective facts
and in accordance with the requirements of Code Section 409A. 
  

	2.8	Claimant. Claimant means a Participant or Beneficiary filing a claim under Article XII of this Plan. 

  

	2.9	Code. Code means the Internal Revenue Code of 1986, as amended from time to time. 

  

	2.10	Code Section 409A. Code Section 409A means Section 409A of the Code, and regulations and other guidance issued by the Treasury Department and Internal Revenue
Service thereunder. 

  

	2.11	Committee. Committee means the Compensation Committee of the Board of Directors of the Company. 

  

	2.12	Company. Company means Speedway Motorsports, Inc. 

  

	2.13	Company Contribution. Company Contribution means a credit by a Participating Employer to a Participant’s Account(s) in accordance with the provisions of Article V of the
Plan. Company Contributions are credited at the sole discretion of the Participating Employer and the fact that a Company Contribution is credited in one year shall not obligate the Participating Employer to continue to make such Company
Contribution in subsequent years. Unless the context clearly indicates otherwise, a reference to Company Contribution shall include Earnings attributable to such contribution. 

  

	2.14	Compensation. Compensation means a Participant’s base salary, bonus, commission, and such other cash or equity-based compensation (if any) approved by the Committee as
Compensation that may be deferred under this Plan. Compensation shall not include any compensation that has been previously deferred under this Plan or any other arrangement subject to Code Section 409A. 

  

	2.15	 Compensation Deferral Agreement. Compensation Deferral Agreement means an agreement between a Participant and a Participating Employer that specifies
(i) the amount of each component of Compensation that the Participant has elected to defer to the Plan in accordance with the provisions of Article IV, and (ii) the Payment Schedule 

  

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applicable to one or more Accounts. The Committee may permit different deferral amounts for each component of Compensation and may establish a minimum or
maximum deferral amount for each such component. Unless otherwise specified by the Committee in the Compensation Deferral Agreement, Participants may defer up to 75% of their base salary and up to 100% of other types of Compensation designated as
eligible for Deferrals for a Plan Year. A Compensation Deferral Agreement may also specify the investment allocation described in Section 8.4. 

  

	2.16	Death Benefit. Death Benefit means the benefit payable under the Plan to a Participant’s Beneficiary(ies) upon the Participant’s death as provided in
Section 6.1 of the Plan. 

  

	2.17	Deferral. Deferral means a credit to a Participant’s Account(s) that records that portion of the Participant’s Compensation that the Participant has elected to
defer to the Plan in accordance with the provisions of Article IV. Unless the context of the Plan clearly indicates otherwise, a reference to Deferrals includes Earnings attributable to such Deferrals. 

 Deferrals shall be calculated with respect to the gross cash Compensation payable to the Participant prior to any deductions or withholdings, but shall be
reduced as necessary so that it does not exceed 100% of the cash Compensation of the Participant remaining after deduction of all required income and employment taxes, 401(k) and other employee benefit deductions, and other deductions required by
law. Changes to payroll withholdings that affect the amount of Compensation being deferred to the Plan shall be allowed only to the extent permissible under Code Section 409A. 
  

	2.18	Disability Benefit. Disability Benefit means the benefit payable under the Plan to a Participant in the event such Participant is determined to be Disabled.

  

	2.19	Disabled or Disability. Disabled means that a Participant is, by reason of any medically-determinable physical or mental impairment which can be expected to result in death
or can be expected to last for a continuous period of not less than twelve months, (i) unable to engage in any substantial gainful activity, or (ii) receiving income replacement benefits for a period of not less than three months under an
accident and health plan covering employees of the Participant’s employer. The Committee shall determine whether a Participant is Disabled in accordance with Code Section 409A; provided, however, that a Participant shall be deemed to be
Disabled if determined to be totally disabled by the Social Security Administration or the Railroad Retirement Board. 

  

	2.20	Earnings. Earnings means an adjustment to the value of an Account in accordance with Article VIII. 

  

	2.21	Effective Date. Effective Date means January 1, 2009. 

  

	2.22	Eligible Employee. Eligible Employee means a member of a “select group of management or highly compensated employees” of a Participating Employer within the meaning
of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA, as approved by the Committee (or its authorized delegate) from time to time in its sole discretion. 

  

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	2.23	Employee. Employee means a common-law employee of an Employer. 

  

	2.24	Employer. Employer means, with respect to Employees it employs, the Company and each Affiliate. 

  

	2.25	ERISA. ERISA means the Employee Retirement Income Security Act of 1974, as amended from time to time. 

  

	2.26	Fiscal Year Compensation. Fiscal Year Compensation means Compensation earned during one or more consecutive fiscal years of a Participating Employer, all of which is paid
after the last day of such fiscal year or years. 

  

	2.27	Participant. Participant means an Eligible Employee who has received notification of his or her eligibility to defer Compensation under the Plan under Section 3.1 and
any other person with an Account Balance greater than zero, regardless of whether such individual continues to be an Eligible Employee. A Participant’s continued participation in the Plan shall be governed by Section 3.2 of the Plan.

  

	2.28	Participating Employer. Participating Employer means the Company and each Adopting Employer. 

  

	2.29	Payment Schedule. Payment Schedule means the date as of which payment of an Account under the Plan will commence and the form in which payment of such Account will be made.

  

	2.30	Performance-Based Compensation. Performance-Based Compensation means Compensation where the amount of, or entitlement to, the Compensation is contingent on the satisfaction
of pre-established organizational or individual performance criteria relating to a performance period of at least twelve consecutive months. Organizational or individual performance criteria are considered pre-established if established in writing
by not later than ninety (90) days after the commencement of the period of service to which the criteria relate, provided that the outcome is substantially uncertain at the time the criteria are established. The determination of whether
Compensation qualifies as “Performance-Based Compensation” will be made in accordance with Treas. Reg. Section 1.409A-1(e) and subsequent guidance. 

  

	2.31	Plan. Generally, the term Plan means the “Speedway Motorsports, Inc. Deferred Compensation Plan” as documented herein and as may be amended from time to time
hereafter. However, to the extent permitted or required under Code Section 409A, the term Plan may in the appropriate context also mean a portion of the Plan that is treated as a single plan under Treas. Reg. Section 1.409A-1(c), or the
Plan or portion of the Plan and any other nonqualified deferred compensation plan or portion thereof that is treated as a single plan under such section. 

  

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	2.32	Plan Year. Plan Year means January 1 through December 31. 

  

	2.33	Retirement. Retirement means Separation from Service after attainment of age 65. 

  

	2.34	Retirement/Termination Account. Retirement/Termination Account means an Account established to record the amounts payable to a Participant that have not been allocated to a
Specified Date Account. Unless the Participant has established a Specified Date Account, all Deferrals and Company Contributions shall be allocated to a Retirement/Termination Account on behalf of the Participant. 

  

	2.35	Retirement/Termination Benefit. Retirement/Termination Benefit means the benefit payable to a Participant under the Plan following the Separation from Service of the
Participant. 

  

	2.36	Separation from Service. An Employee incurs a Separation from Service upon termination of employment with the Employer. Whether a Separation from Service has occurred shall
be determined by the Committee in accordance with Code Section 409A. 

 Except in the case of an Employee on a bona fide
leave of absence as provided below, an Employee is deemed to have incurred a Separation from Service if the Employer and the Employee reasonably anticipated that the level of services to be performed by the Employee after a date certain would be
reduced to 20% or less of the average services rendered by the Employee during the immediately preceding 36-month period (or the total period of employment, if less than 36 months), disregarding periods during which the Employee was on a bona fide
leave of absence. 
 An Employee who is absent from work due to military leave, sick leave, or other bona fide leave of absence shall incur a
Separation from Service on the first date immediately following the later of (i) the six-month anniversary of the commencement of the leave or (ii) the expiration of the Employee’s right, if any, to reemployment under statute or
contract. 
 For purposes of determining whether a Separation from Service has occurred, the Employer means the Employer as defined in
Section 2.24 of the Plan, except that in applying Code Sections 1563(a)(1), (2) and (3) for purposes of determining whether another organization is an Affiliate of the Company under Code Section 414(b), and in applying Treasury
Regulation Section 1.414(c)-2 for purposes of determining whether another organization is an Affiliate of the Company under Code Section 414(c), “at least 50 percent” shall be used instead of “at least 80 percent” each
place in appears in those sections. 
 The Committee specifically reserves the right to determine whether a sale or other disposition of
substantial assets to an unrelated party constitutes a Separation from Service with respect to a Participant providing services to the seller immediately prior to the transaction and providing services to the buyer after the transaction. Such
determination shall be made in accordance with the requirements of Code Section 409A. 
  

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	2.37	Specified Date Account. A Specified Date Account means an Account established pursuant to Section 4.3 that will be paid (or that will commence to be paid) at a future
date as specified in the Participant’s Compensation Deferral Agreement. Unless otherwise determined by the Committee, a Participant may maintain no more than five Specified Date Accounts. A Specified Date Account may be identified in enrollment
materials and/or websites as an “In-Service Account” or such other name as established by the Committee without affecting the meaning thereof. 

  

	2.38	Specified Date Benefit. Specified Date Benefit means the benefit payable to a Participant under the Plan in accordance with Section 6.1(b) of the Plan.

  

	2.39	Specified Employee. Specified Employee means an Employee who, as of the date of his Separation from Service, is a “key employee” of the Company or any Affiliate,
any stock of which is actively traded on an established securities market or otherwise. An Employee is a key employee if he meets the requirements of Code Section 416(i)(1)(A)(i), (ii), or (iii) (applied in accordance with applicable
regulations thereunder and without regard to Code Section 416(i)(5)) at any time during the 12-month period ending on the Specified Employee Identification Date. Such Employee shall be treated as a key employee for the entire 12-month period
beginning on the Specified Employee Effective Date. 

 For purposes of determining whether an Employee is a Specified Employee,
the compensation of the Employee shall be determined in accordance with the definition of compensation provided under Treas. Reg. Section 1.415(c)-2(d)(3) (wages within the meaning of Code Section 3401(a) for purposes of income tax
withholding at the source, plus amounts excludible from gross income under Section 125(a), 132(f)(4), 402(e)(3), 402(h)(1)(B), 402(k) or 457(b), without regard to rules that limit the remuneration included in wages based on the nature or
location of the employment or the services performed); provided, however, that, with respect to a nonresident alien who is not a Participant in the Plan, compensation shall not include compensation that is not includible in the gross income of the
Employee under Code Sections 872, 893, 894, 911, 931 and 933, provided such compensation is not effectively connected with the conduct of a trade or business within the United States. 
 Notwithstanding anything in this paragraph to the contrary, (i) if a different definition of compensation has been designated by the Company with
respect to another nonqualified deferred compensation plan in which a key employee participates, the definition of compensation shall be the definition provided in Treas. Reg. Section 1.409A-1(i)(2), and (ii) the Company may through action
that is legally binding with respect to all nonqualified deferred compensation plans maintained by the Company, elect to use a different definition of compensation. 
  

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 In the event of corporate transactions described in Treas. Reg. Section 1.409A-1(i)(6), the
identification of Specified Employees shall be determined in accordance with the default rules described therein, unless the Employer elects to utilize the available alternative methodology through designations made within the timeframes specified
therein. 
  

	2.40	Specified Employee Identification Date. Specified Employee Identification Date means December 31, unless the Employer has elected a different date through action that is
legally binding with respect to all nonqualified deferred compensation plans maintained by the Employer. 

  

	2.41	Specified Employee Effective Date. Specified Employee Effective Date means the first day of the fourth month following the Specified Employee Identification Date, or such
earlier date as is selected by the Committee. 

  

	2.42	Unforeseeable Emergency. An Unforeseeable Emergency means a severe financial hardship to the Participant resulting from an illness or accident of the Participant, the
Participant’s spouse, the Participant’s dependent (as defined in Code Section 152, without regard to Section 152(b)(1), (b)(2), and (d)(1)(B)) , or a Beneficiary; loss of the Participant’s property due to casualty (including
the need to rebuild a home following damage to a home not otherwise covered by insurance); or other similar extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant. The types of events which
may qualify as an Unforeseeable Emergency may be limited by the Committee. 

  

	2.43	Valuation Date. Valuation Date shall mean each Business Day. 

  

	2.44	Year of Service. A Year of Service shall be computed in the same manner as provided under the Company’s tax-qualified profit sharing or 401(k) arrangement. If more than
one such arrangement exists, the Company shall identify the appropriate plan document or documents for the determination of Years of Service. If there is no such arrangement or the arrangement does not provide a definition of Year of Service, a Year
of Service shall mean each 12-month period of continuous service with the Employer. 

 ARTICLE III 
 Eligibility and Participation 
  

	3.1	Eligibility and Participation. An Eligible Employee becomes a Participant upon the earlier to occur of (i) a credit of Company Contributions under Article V or
(ii) receipt of notification of eligibility to participate. 

  

	3.2	 Duration. A Participant shall be eligible to defer Compensation and receive allocations of Company Contributions, subject to the terms of the Plan, for as
long as such Participant remains an Eligible Employee. A Participant who is no longer an Eligible Employee but has not Separated from Service may not defer Compensation under the Plan beyond the Plan Year in which he or she became ineligible but may
otherwise exercise all of the rights of a Participant under the Plan with respect to his or her Account(s). On and after a 

  

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Separation from Service, a Participant shall remain a Participant as long as his or her Account Balance is greater than zero and during such time may
continue to make allocation elections as provided in Section 8.4. An individual shall cease being a Participant in the Plan when all benefits under the Plan to which he or she is entitled have been paid. 

 ARTICLE IV 
 Deferrals 
  

	4.1	Deferral Elections, Generally. 

  

	 	(a)	A Participant may elect to defer Compensation by submitting a Compensation Deferral Agreement during the enrollment periods established by the Committee and in the manner specified
by the Committee, but in any event, in accordance with Section 4.2. A Compensation Deferral Agreement that is not timely filed with respect to a service period or component of Compensation shall be considered void and shall have no effect with
respect to such service period or Compensation. The Committee may modify any Compensation Deferral Agreement prior to the date the election becomes irrevocable under the rules of Section 4.2. 

  

	 	(b)	The Participant shall specify on his or her Compensation Deferral Agreement whether to allocate Deferrals to a Retirement/Termination Account or to a Specified Date Account. If no
designation is made, all Deferrals shall be allocated to the Retirement/Termination Account. A Participant may also specify in his or her Compensation Deferral Agreement the Payment Schedule applicable to his or her Plan Accounts. If the Payment
Schedule is not specified in a Compensation Deferral Agreement, the Payment Schedule shall be the Payment Schedule specified in Section 6.2. 

  

	4.2	Timing Requirements for Compensation Deferral Agreements. 

  

	 	(a)	First Year of Eligibility. In the case of the first year in which an Eligible Employee becomes eligible to participate in the Plan, he has up to 30 days following his initial
eligibility to submit a Compensation Deferral Agreement with respect to Compensation to be earned during such year. The Compensation Deferral Agreement described in this paragraph becomes irrevocable upon the end of such 30-day period. The
determination of whether an Eligible Employee may file a Compensation Deferral Agreement under this paragraph shall be determined in accordance with the rules of Code Section 409A, including the provisions of Treas. Reg.
Section 1.409A-2(a)(7). 

 A Compensation Deferral Agreement filed under this paragraph applies to Compensation earned on
and after the date the Compensation Deferral Agreement becomes irrevocable. 
  

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	 	(b)	Prior Year Election. Except as otherwise provided in this Section 4.2, Participants may defer Compensation by filing a Compensation Deferral Agreement no later than
December 31 of the year prior to the year in which the Compensation to be deferred is earned. A Compensation Deferral Agreement described in this paragraph shall become irrevocable with respect to such Compensation as of January 1 of the
year in which such Compensation is earned. 

  

	 	(c)	Performance-Based Compensation. If allowed by the Committee, Participants may file a Compensation Deferral Agreement with respect to Performance-Based Compensation no later
than the date that is six months before the end of the performance period, provided that: 

  

	 	(i)	the Participant performs services continuously from the later of the beginning of the performance period or the date the criteria are established through the date the Compensation
Deferral Agreement is submitted; and 

  

	 	(ii)	the Compensation is not readily ascertainable as of the date the Compensation Deferral Agreement is filed. 

 A Compensation Deferral Agreement becomes irrevocable with respect to Performance-Based Compensation as of the day immediately following the latest date
for filing such election. Any election to defer Performance-Based Compensation that is made in accordance with this paragraph and that becomes payable as a result of the Participant’s death or disability (as defined in Treas. Reg.
Section 1.409A-1(e)) or upon a Change in Control (as defined in Treas. Reg. Section 1.409A-3(i)(5)) prior to the satisfaction of the performance criteria, will be void. 
  

	 	(d)	Sales Commissions. Sales commissions (as defined in Treas. Reg. Section 1.409A-2(a)(12)(i)) are considered to be earned in the taxable year of the Participant in which
the customer remits payment to the Employer. The Compensation Deferral Agreement must be filed before the last day of the year preceding the year in which the sales commissions are earned and becomes irrevocable after that date.

  

	 	(e)	Fiscal Year Compensation. A Participant may defer Fiscal Year Compensation by filing a Compensation Deferral Agreement prior to the first day of the fiscal year or years in
which such Fiscal Year Compensation is earned. The Compensation Deferral Agreement described in this paragraph becomes irrevocable on the first day of the fiscal year or years to which it applies. 

  

	 	(f)	 “Evergreen” Deferral Elections. The Committee may provide that a Compensation Deferral Agreement will continue in effect for each subsequent year
or performance period. Such “evergreen” Compensation Deferral Agreements will become effective with respect to an item of Compensation on the date such election becomes irrevocable under this Section 4.2. An evergreen Compensation
Deferral Agreement may be terminated or modified prospectively 

  

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with respect to Compensation for which such election remains revocable under this Section 4.2. A Participant whose Compensation Deferral Agreement is
cancelled in accordance with Section 4.6 will be required to file a new Compensation Deferral Agreement under this Article IV in order to recommence Deferrals under the Plan. 

  

	4.3	Allocation of Deferrals. A Compensation Deferral Agreement may allocate Deferrals to one or more Specified Date Accounts and/or to the Retirement/Termination Account. The
Committee may, in its discretion, establish a minimum deferral period for Specified Date Accounts (for example, the third Plan Year following the year Compensation subject to the Compensation Deferral Agreement is earned). 

 

	4.4	Deductions from Pay. The Company has the authority to determine the payroll practices under which any component of Compensation subject to a Compensation Deferral Agreement
will be deducted from a Participant’s Compensation. 

  

	4.5	Vesting. Participant Deferrals shall be 100% vested at all times. 

  

	 4.6
	 Cancellation of Deferrals. The Company may cancel a Participant’s Deferrals (i) for the balance of the
Plan Year in which an Unforeseeable Emergency occurs, (ii) if the Participant receives a hardship distribution under the Employer’s qualified 401(k) plan, through the end of the Plan Year in which the six-month anniversary of the hardship
distribution falls, and (iii) during periods in which the Participant is unable to perform the duties of his or her position or any substantially similar position due to a mental or physical impairment that can be expected to result in death or
last for a continuous period of at least six months, provided cancellation occurs by the later of the end of the taxable year of the Participant or the 15th day of the third month following the date the Participant incurs the disability (as defined in this subparagraph (iii)). 

 ARTICLE V 
 Company Contributions 
  

	5.1	Discretionary 401(k) Make-Up Contributions. A Participating Employer may, in its sole and absolute discretion, make a discretionary 401(k) Make-Up Contribution on behalf of
Participants whose deferrals to this Plan cause compensation for purposes of the qualified 401(k) plan to fall below the maximum compensation that may be recognized under such plan pursuant to Code Section 401(a)(17), in order to restore any
lost matching contributions under the 401(k) plan as a result of such deferrals. Any such contributions shall be credited to a Participant’s Retirement/Termination Account. 

  

	5.2	Discretionary Company Contributions. The Participating Employer may, from time to time in its sole and absolute discretion, credit other Company Contributions to any
Participant in any amount determined by the Participating Employer. Such contributions will be credited to a Participant’s Retirement/Termination Account. 

  

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	5.3	Vesting. Company Contributions, if any, described in Sections 5.1 and 5.2 above, and any Earnings thereon, shall vest in accordance with the following table:

  

				
	 Years of Service Since Being Eligible to Participate in this Plan
	  	Percent
Vested	 
	 Fewer than 1
	  	0	%
	 At least 1 but fewer than 2
	  	33 1/3	%
	 At least 2 but fewer than 3
	  	66 2/3	%
	 3 or more
	  	100	%

 All Company Contributions shall become 100% vested upon the occurrence of the earliest of:
(i) the death of the Participant while actively employed; (ii) the Disability of the Participant, (iii) the Retirement of the Participant, or (iv) a Change in Control. The Participating Employer may, at any time, in its sole
discretion, increase a Participant’s vested interest in a Company Contribution. The portion of a Participant’s Accounts that remains unvested upon his or her Separation from Service after the application of the terms of this
Section 5.3 shall be forfeited. 
 ARTICLE VI 
 Benefits 
  

	6.1	Benefits, Generally. A Participant shall be entitled to the following benefits under the Plan: 

  

	 	(a)	Retirement/Termination Benefit. Upon the Participant’s Separation from Service, he or she shall be entitled to a Retirement/Termination Benefit. The
Retirement/Termination Benefit shall be equal to the vested portion of the Retirement/Termination Account and (i) if the Retirement/Termination Account is payable in a lump sum, the unpaid balances of any Specified Date Accounts, or
(ii) if the Retirement/Termination Account is payable in installments, the unpaid balances of any Specified Date Accounts with respect to which payments have not yet commenced. The Retirement/Termination Benefit shall be based on the value of
those Accounts as of the end of the month in which Separation from Service occurs. Payment of the Retirement/Termination Benefit will be made or begin on the first day of the month following the month in which Separation from Service occurs;
provided, however, that with respect to a Participant who is a Specified Employee as of the date such Participant incurs a Separation from Service, payment will be made or begin on the first day of the seventh month following the month in which such
Separation from Service occurs. If the Retirement Benefit is to be paid in the form of installments, any subsequent installment payments to a Specified Employee will be paid on the anniversary of the date the initial installment was made.

  

	 	(b)	 Specified Date Benefit. If the Participant has established one or more Specified Date Accounts, he or she shall be entitled to a Specified Date Benefit with
respect to each such Specified Date Account. The Specified Date Benefit shall be equal to 

  

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the vested portion of the Specified Date Account, based on the value of that Account as of the end of the month designated by the Participant at the time the
Account was established. Payment of the Specified Date Benefit will be made or begin on the first day of the month following the designated month. 

  

	 	(c)	Disability Benefit. Upon a determination by the Committee that a Participant is Disabled, he or she shall be entitled to a Disability Benefit. The Disability Benefit shall be
equal to the vested portion of the Retirement/Termination Account and (i) if the Retirement/Termination Account is payable in a lump sum, the unpaid balances of any Specified Date Accounts, or (ii) if the Retirement/Termination Account is
payable in installments, the unpaid balances of any Specified Date Accounts with respect to which payments have not yet commenced. The Disability Benefit shall be based on the value of the Accounts as of the last day of the month in which Disability
occurs and payment will be made or begin on the first day of the following month. 

  

	 	(d)	Death Benefit. In the event of the Participant’s death, his or her designated Beneficiary(ies) shall be entitled to a Death Benefit. The Death Benefit shall be equal to
the vested portion of the Retirement/Termination Account and any unpaid balances of any Specified Date Accounts. The Death Benefit shall be based on the value of the Accounts as of the end of the month in which death occurred, with payment made on
the first day of the following month. 

  

	 	(e)	Unforeseeable Emergency Payments. A Participant who experiences an Unforeseeable Emergency may submit a written request to the Committee to receive payment of all or any
portion of his or her vested Accounts. Whether a Participant or Beneficiary is faced with an Unforeseeable Emergency permitting an emergency payment shall be determined by the Committee based on the relevant facts and circumstances of each case,
but, in any case, a distribution on account of Unforeseeable Emergency may not be made to the extent that such emergency is or may be reimbursed through insurance or otherwise, by liquidation of the Participant’s assets, to the extent the
liquidation of such assets would not cause severe financial hardship, or by cessation of Deferrals under this Plan. If an emergency payment is approved by the Committee, the amount of the payment shall not exceed the amount reasonably necessary to
satisfy the need, taking into account the additional compensation that is available to the Participant as the result of cancellation of deferrals to the Plan, including amounts necessary to pay any taxes or penalties that the Participant reasonably
anticipates will result from the payment. The amount of the emergency payment shall be subtracted first from the vested portion of the Participant’s Retirement/Termination Account until depleted and then from the vested Specified Date Accounts,
beginning with the Specified Date Account with the latest payment commencement date. Emergency payments shall be paid in a single lump sum within the 90-day period following the date the payment is approved by the Committee.

  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

	6.2	Form of Payment. 

  

	 	(a)	Retirement/Termination Benefit. A Participant who is entitled to receive a Retirement/Termination Benefit shall receive payment of such benefit in a single lump sum, unless
the Participant elects on his or her initial Compensation Deferral Agreement to have such benefit paid in one of the following alternative forms of payment (i) substantially equal annual installments over a period of two to fifteen years, as
elected by the Participant; or (ii) a lump sum payment of a percentage of the balance in the Retirement/Termination Account, with the balance paid in substantially equal annual installments over a period of two to fifteen years, as elected by
the Participant. 

  

	 	(b)	Specified Date Benefit. The Specified Date Benefit shall be paid in a single lump sum unless (A) the applicable balance is at least $10,000 and (B) the Participant
elects on the Compensation Deferral Agreement with which the account was established to have the Specified Date Account paid in substantially equal annual installments over a period of two to five years, as elected by the Participant.

 Notwithstanding any election of a form of payment by the Participant, upon a Separation from Service the unpaid balance of a
Specified Date Account with respect to which payments have not commenced shall be paid in accordance with the form of payment applicable to the Retirement/Termination, Disability or Death Benefit. If such benefit is payable in a single lump sum, the
unpaid balance of all Specified Date Accounts (including those in pay status) will be paid in a lump sum. 
  

	 	(c)	Disability Benefit. A Participant who is entitled to receive a Disability Benefit shall receive payment of such benefit in accordance with the Payment Schedule applicable to
the Retirement/Termination Benefit. 

  

	 	(d)	Death Benefit. A designated Beneficiary who is entitled to receive a Death Benefit shall receive payment of such benefit in a single lump sum. 

  

	 	(e)	Change in Control. A Participant will receive a single lump sum payment equal to the unpaid balance of all of his or her Accounts upon a Separation from Service within 24
months following a Change in Control. In addition to the foregoing, upon a Change in Control, a Participant who has incurred a Separation from Service prior to the Change in Control, and any Beneficiary of such Participant who is receiving or is
scheduled to receive payments, will receive the balance of all unpaid Accounts in a single lump sum. Accounts will be valued as of the last day of the month following the Change in Control and will be paid within 90 days of said Change in Control.

  

	 	(f)	Small Account Balances. The Committee shall pay the value of the Participant’s Accounts upon a Separation from Service in a single lump sum if the balance of such
Accounts is not greater than $25,000. 

  

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	 	(g)	Rules Applicable to Installment Payments. If a Payment Schedule specifies installment payments, annual payments will be made beginning as of the payment commencement date for
such installments and shall continue on each anniversary thereof until the number of installment payments specified in the Payment Schedule has been paid. The amount of each installment payment shall be determined by dividing (a) by (b), where
(a) equals the Account Balance as of the applicable Valuation Date and (b) equals the remaining number of installment payments. 

 For purposes of Article VII, installment payments will be treated as a single form of payment. If a lump sum equal to less than 100% of the Retirement/Termination Account is paid, the payment commencement date for the
installment form of payment will be the first anniversary of the payment of the lump sum. 
  

	6.3	Acceleration of or Delay in Payments. The Committee, in its sole and absolute discretion, may elect to accelerate the time or form of payment of a benefit owed to the
Participant hereunder, provided such acceleration is permitted under Treas. Reg. Section 1.409A-3(j)(4). The Committee may also, in its sole and absolute discretion, delay the time for payment of a benefit owed to the Participant hereunder, to
the extent permitted under Treas. Reg. Section 1.409A-2(b)(7). If the Plan receives a domestic relations order (within the meaning of Code Section 414(p)(1)(B)) directing that all or a portion of a Participant’s Accounts be paid to an
“alternate payee,” any amounts to be paid to the alternate payee(s) shall be paid in a single lump sum. 

  

	 6.4
	 Payments Treated as Made on the Designated Payment Date. Payments made on the payment date specified in the Plan,
or on a later date within the same taxable year of the Participant or Beneficiary, or, if later, by the fifteenth (15th) day of the third
calendar month following the payment date specified in the Plan shall be treated as having been made on the payment date; provided, however, that the Participant or Beneficiary is not permitted, directly or indirectly, to designate the taxable year
of the payment. In addition, payments made no earlier than 30 days before the designated payment date will likewise be treated as having been made on the payment date so long as the Participant or Beneficiary is not permitted, directly or
indirectly, to designate the taxable year of the payment. The foregoing shall be administered in compliance with the provisions of Treas. Reg. Section 1.409A-3(d), which Treas. Reg. Section may authorize other instances in which payments made
after the payment date shall be treated as having been made on the payment date. 

 ARTICLE VII 
 Modifications to Payment Schedules 
  

	7.1	Participant’s Right to Modify. A Participant may modify any or all of the alternative Payment Schedules with respect to an Account, consistent with the permissible
Payment Schedules available under the Plan, provided such modification complies with the requirements of this Article VII. In addition, prior to January 1, 2009, the Committee may permit a Participant to modify any or all of the alternative
Payment Schedules with respect to an Account, consistent with the permissible Payment Schedules available under the Plan, provided such modification complies with the requirements of IRS Notice 2007-86. 

  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

	7.2	Time of Election. The date on which a modification election is submitted to the Committee (or its designated agent) must be at least twelve months prior to the date on which
payment is scheduled to commence under the Payment Schedule in effect prior to the modification. 

  

	7.3	Date of Payment under Modified Payment Schedule. Except with respect to modifications that relate to the payment of a Death Benefit or a Disability Benefit, the date payments
are to commence under the modified Payment Schedule must be no earlier than five years after the date payment would have commenced under the original Payment Schedule. Under no circumstances may a modification election result in an acceleration of
payments in violation of Code Section 409A. 

  

	7.4	Effective Date. A modification election submitted in accordance with this Article VII is irrevocable upon receipt by the Committee (or its designated agent) and becomes
effective 12 months after such date. 

  

	7.5	Effect on Accounts. An election to modify a Payment Schedule is specific to the Account or payment event to which it applies, and shall not be construed to affect the Payment
Schedules of any other Accounts. 

 ARTICLE VIII 
 Valuation of Account Balances; Investments 
  

	8.1	Valuation. Deferrals shall be credited to appropriate Accounts on the date such Compensation would have been paid to the Participant absent the Compensation Deferral
Agreement. Company Contributions shall be credited to the Retirement/Termination Account at the times determined by the Committee. Valuation of Accounts shall be performed under procedures approved by the Committee. 

  

	8.2	Earnings Credit. Each Account will be credited with Earnings on each Business Day, based upon the Participant’s investment allocation among a menu of investment options
selected in advance by the Committee, in accordance with the provisions of this Article VIII (“investment allocation”). 

  

	8.3	Investment Options. Investment options will be determined by the Committee. The Committee, in its sole discretion, shall be permitted to add or remove investment options from
the Plan menu from time to time, provided that any such additions or removals of investment options shall not be effective with respect to any period prior to the effective date of such change. 

  

	8.4	 Investment Allocations. A Participant’s investment allocation constitutes a deemed, not actual, investment among the investment options comprising the
investment menu. At no 

  

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time shall a Participant have any real or beneficial ownership in any investment option included in the investment menu, nor shall the Participating Employer
or any trustee acting on its behalf have any obligation to purchase actual securities as a result of a Participant’s investment allocation. A Participant’s investment allocation shall be used solely for purposes of adjusting the value of a
Participant’s Account Balances. 

 A Participant shall specify an investment allocation for each of his Accounts in
accordance with procedures established by the Committee. Allocation among the investment options must be designated in increments of 1%. The Participant’s investment allocation will become effective on the same Business Day or, in the case of
investment allocations received after a time specified by the Committee, the next Business Day. 
 A Participant may change an investment
allocation on any Business Day, both with respect to future credits to the Plan and with respect to existing Account Balances, in accordance with procedures adopted by the Committee. Changes shall become effective on the same Business Day or, in the
case of investment allocations received after a time specified by the Committee, the next Business Day, and shall be applied prospectively. 
  

	8.5	Unallocated Deferrals and Accounts. If the Participant fails to make an investment allocation with respect to an Account, such Account shall be invested in an investment
option, the primary objective of which is the preservation of capital, as determined by the Committee. 

 ARTICLE IX 

 Administration 
  

	9.1	Plan Administration. This Plan shall be administered by the Committee which shall have discretionary authority to make, amend, interpret and enforce all appropriate rules and
regulations for the administration of this Plan and to utilize its discretion to decide or resolve any and all questions, including but not limited to eligibility for benefits and interpretations of this Plan and its terms, as may arise in
connection with the Plan. Claims for benefits shall be filed with the Committee and resolved in accordance with the claims procedures in Article XII. The Committee may delegate day-to-day administration of the Plan to one or more appropriate
officers of the Company. 

  

	9.2	Administration Upon Change in Control. Upon a Change in Control, the Committee, as constituted immediately prior to such Change in Control, shall continue to act as the
Committee. The individual who was the Chief Executive Officer of the Company (or if such person is unable or unwilling to act, the next highest ranking officer) prior to the Change in Control shall have the authority (but shall not be obligated) to
appoint an independent third party to act as the Committee. 

 Upon such
Change in Control, the Company may not remove the Committee, unless  2/3rds of the members of the Board of Directors of the
Company consent to the removal and replacement Committee. Notwithstanding the foregoing, neither the Committee nor the officer described above shall have authority to direct investment of trust assets under any rabbi trust described in
Section 11.2. 
  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

 The Participating Employer shall, with respect to the Committee identified under this Section,
(i) pay all reasonable expenses and fees of the Committee, (ii) indemnify the Committee (including individuals serving as Committee members) against any costs, expenses and liabilities including, without limitation, attorneys’ fees
and expenses arising in connection with the performance of the Committee hereunder, except with respect to matters resulting from the Committee’s gross negligence or willful misconduct and (iii) supply full and timely information to the
Committee on all matters related to the Plan, any rabbi trust, Participants, Beneficiaries and Accounts as the Committee may reasonably require. 
  

	9.3	Withholding. The Participating Employer shall have the right to withhold from any payment due under the Plan (or with respect to any amounts credited to the Plan) any taxes
required by law to be withheld in respect of such payment (or credit). Withholdings with respect to amounts credited to the Plan shall be deducted from Compensation that has not been deferred to the Plan. 

  

	9.4	Indemnification. The Participating Employers shall indemnify and hold harmless each employee, officer, director, agent or organization, to whom or to which are delegated
duties, responsibilities, and authority under the Plan or otherwise with respect to administration of the Plan, including, without limitation, the Committee and its agents, against all claims, liabilities, fines and penalties, and all expenses
reasonably incurred by or imposed upon him or it (including but not limited to reasonable attorney fees) which arise as a result of his or its actions or failure to act in connection with the operation and administration of the Plan to the extent
lawfully allowable and to the extent that such claim, liability, fine, penalty, or expense is not paid for by liability insurance purchased or paid for by the Participating Employer. Notwithstanding the foregoing, the Participating Employer shall
not indemnify any person or organization if his or its actions or failure to act are due to gross negligence or willful misconduct or for any such amount incurred through any settlement or compromise of any action unless the Participating Employer
consents in writing to such settlement or compromise. 

  

	9.5	Delegation of Authority. In the administration of this Plan, the Committee may, from time to time, employ agents and delegate to them such administrative duties as it sees
fit, and may from time to time consult with legal counsel who may be legal counsel to the Company. 

  

	9.6	Binding Decisions or Actions. The decision or action of the Committee in respect of any question arising out of or in connection with the administration, interpretation and
application of the Plan and the rules and regulations thereunder shall be final and conclusive and binding upon all persons having any interest in the Plan. 

  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

 ARTICLE X 
 Amendment and Termination 
  

	10.1	Amendment and Termination. The Company may at any time and from time to time amend the Plan or may terminate the Plan as provided in this Article X. Each Participating
Employer may also terminate its participation in the Plan. 

  

	10.2	Amendments. The Company, by action taken by the Committee, may amend the Plan at any time and for any reason, provided that any such amendment shall not reduce the vested
Account Balances of any Participant accrued (or any form of payment elected) as of the date of any such amendment or restatement (as if the Participant had incurred a voluntary Separation from Service on such date) with respect to Deferrals made
prior to the date of any such amendment or restatement without the consent of the Participant. The Committee delegates to one or more appropriate officers of the Company the authority to amend the Plan without the consent of the Committee for the
purpose of conforming the Plan to the requirements of law. 

  

	10.3	Termination. The Company, by action taken by the Committee, may terminate the Plan and pay Participants and Beneficiaries their Account Balances in a single lump sum (or
otherwise) at any time, to the extent permitted by and in accordance with Treas. Reg. Section 1.409A-3(j)(4)(ix). If a Participating Employer terminates its participation in the Plan, the benefits of affected Employees shall be paid at the time
provided in Article VI. 

  

	10.4	Accounts Taxable Under Code Section 409A. The Plan is intended to constitute a plan of deferred compensation that meets the requirements for deferral of income taxation
under Code Section 409A. The Committee, pursuant to its authority to interpret the Plan, may sever from the Plan or any Compensation Deferral Agreement any provision or exercise of a right that otherwise would result in a violation of Code
Section 409A. 

 ARTICLE XI 
 Informal Funding 
  

	11.1	General Assets. Obligations established under the terms of the Plan may be satisfied from the general funds of the Participating Employers, or a trust described in this
Article XI. No Participant, spouse or Beneficiary shall have any right, title or interest whatever in assets of the Participating Employers. Nothing contained in this Plan, and no action taken pursuant to its provisions, shall create or be construed
to create a trust of any kind, or a fiduciary relationship, between the Participating Employers and any Employee, spouse, or Beneficiary. To the extent that any person acquires a right to receive payments hereunder, such rights are no greater than
the right of an unsecured general creditor of the Participating Employer. 

  

	11.2	Rabbi Trust. A Participating Employer may, in its sole discretion, establish a grantor trust, commonly known as a rabbi trust, as a vehicle for accumulating assets to pay
benefits under the Plan. Payments under the Plan may be paid from the general assets of the Participating Employer or from the assets of any such rabbi trust. Payment from any such source shall reduce the obligation owed to the Participant or
Beneficiary under the Plan. 

  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

 ARTICLE XII 
 Claims 
  

	12.1	Filing a Claim. Any controversy or claim arising out of or relating to the Plan shall be filed in writing with the Committee which shall make all determinations concerning
such claim. Any claim filed with the Committee shall be in writing. Any decision by the Committee denying such claim shall be in writing (which for purposes of the Plan, including this Article XII, includes electronic notification in accordance with
applicable Department of Labor regulations) and shall be delivered to the Participant or Beneficiary filing the claim (the “Claimant”) and/or his or her authorized representative. 

  

	 	(a)	In General. Notice of a denial of benefits (other than Disability Benefits) will be provided within ninety (90) days of the Committee’s receipt of the
Claimant’s claim for benefits. If the Committee determines that it needs additional time to review the claim, the Committee will provide the Claimant with a notice of the extension before the end of the initial ninety (90) day period. The
extension will not be more than ninety (90) days from the end of the initial ninety (90) day period and the notice of extension will explain the special circumstances that require the extension and the date by which the Committee expects
to make a decision. 

  

	 	(b)	Disability Benefits. Notice of denial of Disability Benefits will be provided within forty-five (45) days of the Committee’s receipt of the Claimant’s claim
for Disability Benefits. If the Committee determines that it needs additional time to review the Disability claim, the Committee will provide the Claimant with a notice of the extension before the end of the initial forty-five (45) day period.
If the Committee determines that a decision cannot be made within the first extension period due to matters beyond the control of the Committee, the time period for making a determination may be further extended for an additional thirty
(30) days. If such an additional extension is necessary, the Committee shall notify the Claimant prior to the expiration of the initial thirty (30) day extension. Any notice of extension shall indicate the circumstances necessitating the
extension of time, the date by which the Committee expects to furnish a notice of decision, the specific standards on which such entitlement to a benefit is based, the unresolved issues that prevent a decision on the claim and any additional
information needed to resolve those issues. A Claimant will be provided a minimum of forty-five (45) days to submit any necessary additional information to the Committee. In the event that a thirty (30) day extension is necessary due to a
Claimant’s failure to submit information necessary to decide a claim, the period for furnishing a notice of decision shall be tolled from the date on which the notice of the extension is sent to the Claimant until the earlier of the date the
Claimant responds to the request for additional information or the response deadline. 

  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

	 	(c)	Contents of Notice. If a claim for benefits is completely or partially denied, notice of such denial shall be in writing and shall set forth the reasons for denial in plain
language. The notice also shall (i) reference the pertinent provisions of the Plan document and (ii) explain, where appropriate, how the Claimant can perfect the claim, including a description of any additional material or information
necessary to complete the claim and why such material or information is necessary. The claim denial also shall include an explanation of the claims review procedures and the time limits applicable to such procedures, including a statement of the
Claimant’s right to bring a civil action under Section 502(a) of ERISA following an adverse decision on review. In the case of a complete or partial denial of a Disability benefit claim, the notice shall provide a statement that the
Committee will provide to the Claimant, upon request and free of charge, a copy of any internal rule, guideline, protocol, or other similar criterion that was relied upon in making the decision. 

  

	12.2	Appeal of Denied Claims. A Claimant whose claim has been completely or partially denied shall be entitled to appeal the claim denial by filing a written appeal with a
committee designated to hear such appeals (the “Appeals Committee”), which may be the Committee, except as otherwise provided below. A Claimant who timely requests a review of the denied claim (or his or her authorized representative) may
have, upon request and free of charge, reasonable access to and copies of all documents, records and other information relevant to the claim for benefits and also may submit written comments, documents, records and other information relevant to the
claim to the Appeals Committee. All written comments, documents, records, and other information shall be considered “relevant” if the information (i) was relied upon in making a benefits determination, (ii) was submitted,
considered or generated in the course of making a benefits decision regardless of whether it was relied upon to make the decision, or (iii) demonstrates compliance with administrative processes and safeguards established for making benefit
decisions. The Appeals Committee may, in its sole discretion and if it deems appropriate or necessary, decide to hold a hearing with respect to the claim appeal. 

  

	 	(a)	In General. Appeal of a denied benefits claim (other than a Disability benefits claim) must be filed in writing with the Appeals Committee no later than sixty (60) days
after receipt of the written notification of such claim denial. The Appeals Committee shall make its decision regarding the merits of the denied claim within sixty (60) days following receipt of the appeal (or within one hundred and twenty
(120) days after such receipt, in a case where there are special circumstances requiring extension of time for reviewing the appealed claim). If an extension of time for reviewing the appeal is required because of special circumstances, written
notice of the extension shall be furnished to the Claimant prior to the commencement of the extension. The notice will indicate the special circumstances requiring the extension of time and the date by which the Appeals Committee expects to render
the determination on review. The review will take into account comments, documents, records and other information submitted by the Claimant relating to the claim without regard to whether such information was submitted or considered in the initial
benefit determination. 

  

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 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

	 	(b)	Disability Benefits. Appeal of a denied Disability Benefits claim must be filed in writing with the Appeals Committee no later than one hundred eighty (180) days after
receipt of the written notification of such claim denial. The review shall be conducted by the Appeals Committee (exclusive of any person who made the initial adverse decision or such person’s subordinate). In reviewing the appeal, the Appeals
Committee shall (i) not afford deference to the initial denial of the claim, (ii) if the initial claim denial was based in whole or in part on a medical judgment, consult with a health care professional who has appropriate training and
experience in the field of medicine involving the medical judgment and who was neither consulted as part of the initial denial nor is the subordinate of any such individual, and (iii) identify any medical or vocational experts whose advice was
obtained with respect to the initial benefit denial, without regard to whether the advice was relied upon in making the decision. The Appeals Committee shall make its decision regarding the merits of the denied claim within forty-five (45) days
following receipt of the appeal (or within ninety (90) days after such receipt, in a case where there are special circumstances requiring extension of time for reviewing the appealed claim). If an extension of time for reviewing the appeal is
required because of special circumstances, written notice of the extension shall be furnished to the Claimant prior to the commencement of the extension. The notice will indicate the special circumstances requiring the extension of time and the date
by which the Appeals Committee expects to render the determination on review. Following its review of any additional information submitted by the Claimant, the Appeals Committee shall render a decision on its review of the denied claim.

  

	 	(c)	Contents of Notice. If a benefits claim is completely or partially denied on review, notice of such denial shall be in writing and shall set forth the reasons for denial in
plain language. 

 The decision on review shall set forth (i) the specific reason or reasons for the denial,
(ii) specific references to the pertinent Plan provisions on which the denial is based, (iii) a statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to and copies of all documents, records,
or other information relevant (as defined above) to the Claimant’s claim, and (iv) a statement describing any voluntary appeal procedures offered by the Plan (but the Plan is not required to have any such procedures) and a statement of the
Claimant’s right to bring an action under Section 502(a) of ERISA. 
  

	 	(d)	For the denial of a Disability benefit, the notice will also include (i) a statement that the Appeals Committee will provide, upon request and free of charge, (A) any
internal rule, guideline, protocol or other similar criterion relied upon in making the decision, and (B) any medical opinion relied upon to make the decision and (ii) if applicable, the required statement under
Section 2560.503-1(j)(5)(iii) of the Department of Labor regulations. 

  

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	12.3	Claims Appeals Upon Change in Control. Upon a Change in Control, the Appeals Committee, as constituted immediately prior to such Change in Control, shall continue to act as
the Appeals Committee. Upon such Change in Control, the Company may not remove any member of the Appeals Committee, but may replace resigning members if 2/3rds of the members of the Board of Directors of the Company consent to the replacement.

 The Appeals Committee shall have the exclusive authority at the appeals stage to interpret the terms of the Plan and resolve
appeals under the Claims Procedure. 
 Each Participating Employer shall, with respect to the Committee identified under this Section,
(i) pay its proportionate share of all reasonable expenses and fees of the Appeals Committee, (ii) indemnify the Appeals Committee (including individual committee members) against any costs, expenses and liabilities including, without
limitation, attorneys’ fees and expenses arising in connection with the performance of the Appeals Committee hereunder, except with respect to matters resulting from the Appeals Committee’s gross negligence or willful misconduct and
(iii) supply full and timely information to the Appeals Committee on all matters related to the Plan, any rabbi trust, Participants, Beneficiaries and Accounts as the Appeals Committee may reasonably require. 
  

	12.4	Legal Action. A Claimant may not bring any legal action relating to a claim for benefits under the Plan unless and until the Claimant has followed the claims procedures under
the Plan and exhausted his or her administrative remedies under such claims procedures. 

  

	12.5	Discretion of Appeals Committee. All interpretations, determinations and decisions of the Appeals Committee with respect to any claim shall be made in its sole discretion,
and shall be final and conclusive. 

  

	12.6	Choice of Law; Litigation. This Plan shall be governed by and interpreted in accordance with North Carolina law, except for its conflicts of laws rules, and applicable
federal law. All legal proceedings shall be brought and maintained exclusively in the state or federal courts sitting in Mecklenburg County, North Carolina. 

 ARTICLE XIII 
 General Provisions 
  

	13.1	Assignment Rule. No interest of any Participant, spouse or Beneficiary under this Plan and no benefit payable hereunder shall be assigned as security for a loan, and any such
purported assignment shall be null, void and of no effect, nor shall any such interest or any such benefit be subject in any manner, either voluntarily or involuntarily, to anticipation, sale, transfer, assignment or encumbrance by or through any
Participant, spouse or Beneficiary. Notwithstanding anything to the contrary herein, however, the Committee has the discretion to make payments to an alternate payee in accordance with the terms of a domestic relations order (as defined in Code
Section 414(p)(1)(B)). 

  

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 The Company may assign any or all of its liabilities under this Plan in connection with any
restructuring, recapitalization, sale of assets or other similar transactions affecting a Participating Employer without the consent of the Participant. 
  

	13.2	No Legal or Equitable Rights or Interest. No Participant or other person shall have any legal or equitable rights or interest in this Plan that are not expressly granted in
this Plan. Participation in this Plan does not give any person any right to be retained in the service of the Participating Employer. The right and power of a Participating Employer to dismiss or discharge an Employee is expressly reserved. The
Participating Employers make no representations or warranties as to the tax consequences to a Participant or a Participant’s beneficiaries resulting from a deferral of income pursuant to the Plan. 

  

	13.3	No Employment Contract. Nothing contained herein shall be construed to constitute a contract of employment between an Employee and a Participating Employer.

  

	13.4	Notice. Any notice or filing required or permitted to be delivered to the Committee under this Plan shall be in writing and delivered in person, by certified mail or through
such electronic means as is established by the Committee. Notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification. In each case,
all notices shall be addressed as follows: 

 SPEEDWAY MOTORSPORTS, INC. 
 ATTN: DIRECTOR OF HUMAN RESOURCES 
 5401 E. INDEPENDENCE BLVD. 
 CHARLOTTE, NC 28212 
 Any notice or filing required or permitted to be given to a Participant or Beneficiary under this Plan shall be sufficient if in writing and
hand-delivered in person, delivered electronically in accordance with applicable Department of Labor regulations or sent by mail to the last known address of the Participant. 
  

	13.5	Headings. The headings of Sections are included solely for convenience of reference, and if there is any conflict between such headings and the text of this Plan, the text
shall control. 

  

	13.6	Invalid or Unenforceable Provisions. If any provision of this Plan shall be held invalid or unenforceable, such invalidity or unenforceability shall not affect any other
provisions hereof and the Committee may elect in its sole discretion to construe such invalid or unenforceable provisions in a manner that conforms to applicable law or as if such provisions, to the extent invalid or unenforceable, had not been
included. 

  

 24 

 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

	13.7	Lost Participants or Beneficiaries. Any Participant or Beneficiary who is entitled to a benefit from the Plan has the duty to keep the Committee advised of his or her current
mailing address. If benefit payments are returned to the Plan or are not presented for payment after a reasonable amount of time, the Committee shall presume that the payee is missing. The Committee, after making such efforts as in its discretion it
deems reasonable and appropriate to locate the payee, shall stop payment on any uncashed checks and may discontinue making future payments until contact with the payee is restored. 

  

	13.8	Facility of Payment to a Minor. If a distribution is to be made to a minor, or to a person who is otherwise incompetent, then the Committee may, in its discretion, make such
distribution (i) to the legal guardian, or if none, to a parent of a minor payee with whom the payee maintains his or her residence, or (ii) to the conservator or committee or, if none, to the person having custody of an incompetent payee.
Any such distribution shall fully discharge the Committee, the Company, the Employer, the Participating Employer and the Plan from further liability on account thereof. 

  

 25 

 Speedway Motorsports, Inc. Deferred Compensation Plan 
  

 IN WITNESS WHEREOF, the undersigned executed this amendment
and restatement of the Plan on the 31st day of December, 2008, to be effective as of the Effective Date. 
  

			
	Speedway Motorsports, Inc.
		
	By:	 	 J. Cary Tharrington IV (Print Name)

		
	Its:	 	 Vice President (Title)

	
	 /s/ J. Cary Tharrington IV (Signature)

  

 26Sixth Amendment to Amended and Restated PCS Services Agreement

 Exhibit 10.1 
 Note: Certain portions have been omitted from this Sixth Amendment to the Amended and Restated PCS Services Agreement in accordance with a request for confidential treatment submitted to the Securities and Exchange
Commission. Omitted information has been replaced with an asterisk. Omitted information has been filed separately with the Securities and Exchange Commission. 
 Sixth Amendment to Amended and Restated PCS Services Agreement 
 Between Sprint Spectrum L.P. and
Virgin Mobile USA, L.P. 
 This Sixth Amendment (“Sixth Amendment”) is made to that certain Amended and Restated PCS Services Agreement between
Sprint Spectrum L.P. (“Sprint PCS”) and Virgin Mobile USA, L.P. (formerly Virgin Mobile USA, LLC) (“VMU”) dated October 16, 2007, as amended, (the “PCS Services Agreement”). Capitalized terms not
defined in this Sixth Amendment are defined in the PCS Services Agreement. 
  

	1.	Schedule 1.0 of the PCS Services Agreement is deleted in its entirety and replaced with Schedule 1.0 attached to this Sixth Amendment. 

  

	2.	Except as specifically provided above, the PCS Services Agreement remains in effect in accordance with its terms. 

 IN WITNESS HEREOF, the parties have executed this Sixth Amendment as of the dates indicated below. 
  

									
	SPRINT SPECTRUM L.P.	 		 	VIRGIN MOBILE USA, L.P. (formerly Virgin
Mobile USA, LLC)
					
	By:	 	/s/ James D. Patterson	 		 	By:	 	/s/ Daniel H. Schulman
	Name:	 	James D. Patterson	 		 	Name:	 	Daniel H. Schulman
	Title:	 	President, Wholesale	 		 	Title:	 	Chief Executive Officer
	Date:	 	December 22, 2008	 		 	Date:	 	December 22, 2008

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	1

 Schedule 1.0 
 PCS Service Pricing 
  

	1.	Pricing Effective from Fifth Amendment Commencement Date through December 2008 

 Except as expressly set forth in Section 1.14 below, the rates and charges set forth in Section 1 below only apply to PCS Service and Roaming
usage that takes place during the time period commencing with the Fifth Amendment Commencement Date through the end of the final December 2008 bill cycle. For clarification purposes, the rates and charges set forth in Section 1 below will also
apply to any bill cycle that commences during December 2008 even if a portion of the PCS Service and Roaming usage for such bill cycle takes place during January 2009. 
  

	 	1.1	Voice PCS Service and Sprint 2G Data Service Rates 

 For End Users voice PCS Service and Sprint 2G Data Service usage, Sprint PCS will charge VMU (i) the peak per minute rate set forth in the table below for Peak Time Period minutes of use (“MOU”) during each
monthly billing cycle, and (ii) the off-peak per minute rate set forth in the table below for Off-Peak Time Period MOU during each monthly billing cycle. The peak and off-peak rates below include any applicable interconnection charges.
The peak and off-peak rates DO NOT include Roaming charges, Travel MOU charges, domestic toll charges or international toll charges. VMU will be charged the rates set forth in Sections 1.3 or 1.4 below for Roaming, the rate set forth in
Section 1.2 for Travel MOU, the rate set forth in Section 1.5 for domestic toll calls and the rates set forth in Section 1.6 for international toll calls. For the avoidance of doubt, the rates in this Section 1.1 apply to End
User voice PCS Service and Sprint 2G Data Service usage on a Sprint PCS Service Provider Affiliate Network for End Users with MIN’s assigned within the home network of such Sprint PCS Service Provider Affiliate. 
 Voice PCS Service and Sprint 2G Data Service Rates 
  

			
	 Peak Per Minute Rate
	  	 Off-Peak Per Minute Rate

	 $*
	  	$*

 “Peak Time Period”: * – *, * – *, except national
holidays observed by the United States Postal Service. 
 “Off-Peak Time Period”: * – *, * – *
and * – *, and national holidays observed by the United States Postal Service. 
  

	 	1.2	Travel MOU Rate 

 For End Users Travel MOU,
Sprint PCS will charge VMU the per minute rate set forth below based on VMU’s total Travel MOUs during the monthly billing cycle. The Travel MOU rate below includes any applicable interconnection charges. The Travel MOU rate DOES NOT include
Roaming charges, domestic toll charges or international toll charges. VMU will be charged the rates set forth in Sections 1.3 or 1.4 below for Roaming, the rate set forth in Section 1.5 for domestic toll calls and the rates set forth in
Section 1.6 for international toll calls. 
 Travel MOU Per Minute Rate 
 $* 
  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	2

	 	1.3	Automatic Roaming 

 For Roaming calls that
are completed despite VMU’s instructions that Sprint PCS block Roaming pursuant to Section 9.2.3 of the Agreement, Sprint PCS will charge VMU the rates set forth below. The parties acknowledge that Roaming shall not include Sprint PCS
Service Provider Affiliate travel usage. 
  

	 	1.3.1	Domestic Roaming Charges 

 For automatic
Roaming calls End Users make or receive in the United States, Sprint PCS will charge VMU an average pass through domestic Roaming rate of $* per minute plus taxes, if applicable. Each quarter, Sprint PCS will perform an analysis of Sprint PCS’
domestic voice Roaming charges, and if such analysis results in a different average pass through rate, Sprint PCS will update the rate it charges VMU prospectively consistent with such analysis. 
  

	 	1.3.2	Automatic Roaming for Guam, Puerto Rico & US Virgin Islands 

 For Roaming calls that End Users make or receive in Guam, Puerto Rico or the US Virgin Islands, Sprint PCS will charge VMU an average pass through rate of $* per minute, plus all other applicable charges such
as taxes and surcharges. Each quarter, Sprint PCS will perform an analysis of Sprint PCS’ voice Roaming charges for Guam, Puerto Rico and the US Virgin Islands, and if such analysis results in a different average pass through rate, Sprint PCS
will update the rate it charges VMU prospectively consistent with such analysis. 
  

	 	1.3.3	Automatic International Roaming for All Countries Except Guam, Puerto Rico and US Virgin Islands 

 Sprint PCS will charge VMU the average pass through international Roaming rates set forth below. Each quarter, Sprint PCS will perform an analysis of
Sprint PCS’ international voice Roaming charges, and if such analysis results in different average pass through rates, Sprint PCS will update the rates it charges VMU prospectively consistent with such analysis. 
 For international Roaming services in all countries where Sprint PCS provides international Roaming, excluding Guam, Puerto Rico and the US Virgin
Islands (each an “International Roaming Country”), Sprint PCS will charge VMU as follows: 
  

	 	(i)	For: (x) calls that originate and terminate within the same International Roaming Country, (y) calls that originate in the International Roaming Country and
terminate in the United States, and (z) all incoming calls in International Roaming Countries regardless of their origination point, the applicable average pass through per minute airtime rate for the International Roaming Country where the
call originates as set forth below, plus all other applicable charges such as taxes and surcharges; or 

  

	 	(ii)	For calls that originate in an International Roaming Country and terminate in any other International Roaming Country other than the United States, the applicable average
pass through per minute airtime rate for the International Roaming Country where the call originates as set forth below, plus applicable international toll charges for the terminating country as set forth in Exhibit A to Schedule 1.0, plus
all other applicable charges such as taxes and surcharges. 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	3

 International Roaming Airtime Average Pass Through Per Minute Rates 
  

			
	 Country
	  	Roaming Rates
Per Minute
	 Canada
	  	$*
	 Mexico
	  	$*
	 All other countries (except Guam, Puerto Rico & US Virgin Islands)
	  	$*

  

	 	1.4	Manual Roaming Charges 

 For manual Roaming
in areas where Sprint PCS does not provide Roaming, Roaming charges are billed directly to the End User credit or calling card by the serving carrier at carrier-defined rates. 
  

	 	1.5	Interstate and Intrastate (Domestic) Toll Charge 

 For interstate and intrastate long distance services (domestic toll charges for terminating service beyond the applicable local exchange provider local calling area) provided to End Users, Sprint PCS will charge VMU the following rate:

 Interstate and Intrastate Toll Per Minute Rate 
 $* 
  

	 	1.6	Unbilled Local Toll 

 Since Sprint PCS’
billing system does not rate and bill certain toll usage (“unbilled local toll”), for each monthly bill cycle, Sprint PCS will invoice VMU for unbilled local toll as follows: total interstate and intrastate toll charges for a
monthly bill cycle X *% = unbilled local toll. By way of example, if VMU’s total interstate and intrastate toll charges for a monthly bill cycle are $*, Sprint PCS will invoice VMU for $* for unbilled local
toll.  
  

	 	1.7	International Toll Charges 

  

	 	1.7.1	International Toll Services Provided by Sprint PCS 

 For international toll voice PCS Service that Sprint PCS provides to End Users, Sprint PCS will charge VMU the international per minute base rates set forth in Exhibit A to Schedule 1.0. Sprint PCS may modify the rates in Exhibit A
from time to time, but will provide advance notice prior to any rate increase. 
  

	 	1.7.2	Call Network Routing 

 In the event that VMU
wishes to route international traffic to a switch designated by VMU (CNR): 
  

	 	(i)	VMU will notify Sprint PCS and follow the Work Order process, and Sprint PCS will reasonably assist VMU in facilitating a routing solution in accordance with such Work Order
process. 

  

	 	(ii)	VMU will be responsible for all development and interconnection costs associated with routing such calls to the designated switch. 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	4

	 	(iii)	For international calls that are routed to a switch designated by VMU, Sprint PCS will not charge VMU the international rates in Exhibit A to Schedule 1.0, but the
domestic voice PCS Service rates listed in Section 1.1, above plus $* per minute will apply for the domestic portion of all international terminating calls, and where applicable, the Travel MOU rate listed in Section 1.2 above and
the domestic toll charge listed in Section 1.5 above will also apply. 

  

	 	(iv)	All “011” destined calls will be routed to a switch designated by VMU, subject to all applicable terms and conditions in this Section 1.7.2.

  

	 	(v)	Following are North American Dialing Plan (“NADP”) countries and applicable NPA/NXX designations for which calls to such NADP countries will be routed to a
switch designated by VMU: 

  

	 	•	 	 American Somoa (684) 

  

	 	•	 	 Anguilla (264) 

  

	 	•	 	 Antigua and Barbuda (268) 

  

	 	•	 	 Bahamas (242) 

  

	 	•	 	 Barbados (246) 

  

	 	•	 	 Bermuda (441) 

  

	 	•	 	 British Virgin Islands (284) 

  

	 	•	 	 Canada: 

 204 -
Manitoba 
 226 - Ontario 
 250 - British Columbia 
 289 - Ontario 
 306 - Saskatchewan 
 403 - Alberta 
 438 - Quebec 
 416 - Ontario 
 418 - Quebec 
 450 - Quebec 
 506 - New Brunswick 
 514 - Quebec 
 519 - Ontario 
 581 - Quebec 
 587 - Alberta 
 604 - British Columbia 
 613 - Ontario 
 647 - Ontario 
 705 - Ontario 
 709 - Newfoundland 
 778 - British Columbia 
 780 - Alberta 
 807 - Ontario 
 819 - Quebec 
 867 - Yukon & NW Territories 
 902 - Nova Scotia 
 905 - Ontario 
  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	5

	 	•	 	 Cayman Islands (345) 

  

	 	•	 	 Dominica (767) 

  

	 	•	 	 Dominican Republic (809) 

  

	 	•	 	 Dominican Republic (829) 

  

	 	•	 	 Grenada (473) 

  

	 	•	 	 Jamaica (876) 

  

	 	•	 	 Montserrat (664) 

  

	 	•	 	 St. Kitts and Nevis (869) 

  

	 	•	 	 St. Lucia (758) 

  

	 	•	 	 St. Vincent and the Grenadines (784) 

  

	 	•	 	 Trinidad and Tobago (868) 

  

	 	•	 	 Turks and Caicos Islands (649) 

  

	 	(vi)	Following are NADP countries and applicable NPA/NXX designations for which calls to such countries will NOT be routed to a switch designated by VMU since Sprint PCS considers
calls to such countries domestic calls, and Sprint PCS will charge VMU the domestic voice PCS Service rates listed in Section 1.1 above plus $* per minute for calls to such NADP countries, and where applicable, the Travel MOU rate listed
in Section 1.2 above and the domestic toll charge listed in Section 1.5 above will also apply: 

  

	 	•	 	 Virgin Islands (340) 

  

	 	•	 	 Commonwealth of Northern Marianas Islands – Saipan, Tinian and Rota (670) 

  

	 	•	 	 Guam (671) 

  

	 	•	 	 Puerto Rico (787 & 939) 

  

	 	1.8	Short Message Service (SMS) 

 Sprint PCS will
charge VMU the per SMS rate set forth below for VMU’s total number of mobile terminated SMS and mobile originated SMS messages during the monthly billing cycle. Sprint PCS may modify the SMS rate below from time to time with respect to those
SMS messages sent and received outside of the United States, but will provide advance notice, if possible, prior to any rate increase. 
 Per SMS Rate 
 $* 
  

	 	1.9	Sprint 3G Data Transport Service 

 Sprint PCS
will charge VMU the per megabyte (“MB”) rate set forth below for VMU’s total number of Sprint 3G Data Transport Service MB usage during each monthly billing cycle. For reference purposes, the per kilobyte
(“KB”) rate is also shown below. The rates below include any applicable interconnection charges. The rates below DO NOT include Travel 3G Data Transport charges. VMU will be charged the rate set forth in Section 1.10 below for
Travel 3G Data Transport. The Sprint 3G Data Transport Service rates below are for data transport only and do not include access to individual Sprint-provided 3G data services. 
  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	6

 Sprint 3G Data Transport Service Rates 
  

			
	 Per MB Rate
	  	Per KB Rate
	 $*
	  	$*

  

	 	1.10	Travel 3G Data Transport 

 Sprint PCS will
charge VMU the per megabyte (“MB”) rate set forth below for VMU’s total number of Travel 3G Data Transport MB usage during each monthly billing cycle. For reference purposes, the per kilobyte (“KB”) rate is
also shown below. The rates below include any applicable interconnection charges. The Travel 3G Data Transport rates below are for data transport only and do not include access to individual Sprint-provided 3G data services. 
 Travel 3G Data Transport Rates 
  

			
	 Per MB Rate
	  	 Per KB Rate

	 $*
	  	$*

  

	 	1.11	Control-Plane Location Look-Up Charges 

 Sprint PCS will determine the monthly Control-Plane Location Look-Up charges by multiplying the total number of Control -Plane Location Look-Ups for the just-completed bill cycle by the applicable volume based “Rate Per Control -Plane
Location Look-Up” from the table below. For avoidance of doubt, Sprint PCS will charge VMU for each Control-Plane Location Look-Up attempt whether or not the location information is ultimately returned to the Control-Plane Requesting Device.
Since Control -Plane Location Look-Up charges are manually calculated and added to VMU’s monthly invoice, the bill cycle time period for Control -Plane Location Look-Up charges included on a monthly invoice will not be the same as the time
period for systematically-billed charges included on such invoice. 
  

			
	 Control-Plane Location Look-
Ups per Monthly Bill Cycle

	  	 Rate per Control- Plane
Location Look-Up

	 * - *
	  	$*
	 * - *
	  	$*
	 * - *
	  	$*
	 * and above
	  	$*

  

	 	1.12	User-Plane Location Services 

  

	 	1.12.1	 User-Plane Location Application Certification Fee: * 

  

	 	1.12.2	 User-Plane Location Look-Up Charges: 

 Sprint PCS will determine the monthly User-Plane Location Look-Up charges by multiplying the total number of User-Plane Location Look-Ups for the just-completed bill cycle by the applicable volume based “Rate Per User-Plane Location
Look-Up” from the table below. For avoidance of doubt, Sprint PCS will charge VMU for each User-Plane Location Look-Up attempt whether or not the location information is ultimately returned to the User-Plane Location Handset. Since User-Plane
Location Look-Up charges are manually calculated and added to VMU’s monthly invoice, the bill cycle time period for User-Plane Location Look-Up charges included on a monthly invoice will not be the same as the time period for
systematically-billed charges included on such invoice. 
  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	7

			
	 User-Plane Location Look-
 Ups per Monthly Bill Cycle
	  	 Rate per User-Plane
 Location Look-Up

	 * - *
	  	$*
	 * - *
	  	$*
	 * - *
	  	$*
	 * and above
	  	$*

  

	 	1.13	Other Charges: 

  

	 	1.13.1	 Call Forwarding: Sprint PCS will charge VMU standard airtime rates, plus applicable toll charges. 

  

	 	1.13.2	 Operator Services: Sprint PCS will charge VMU its standard retail rates and charges for operator services. 

  

	 	1.13.3	 Directory Assistance: Sprint PCS will charge VMU $* per call, plus all other applicable charges including airtime 

	 	 	 charges, for directory assistance services. 

  

	 	1.13.4	 911 and E911: Standard airtime and toll rates 

  

	 	1.13.5	 Non-standard reports: As quoted 

  

	 	1.13.6	 Handset Certification: As quoted 

  

	 	1.14	New End User Credits 

  

	 	A.	Subject to the conditions set forth below in this Section 1.14, VMU is eligible to receive “New End User Credits” equal to $2.50 for:
(i) each new End User that VMU activates under the Agreement (pursuant to Sprint PCS’ reporting systems) from the first day of the first calendar month following the effective date of the Acquisition Agreement through
December 31, 2009 (“Eligibility Period”), and (ii) each new end user customer that Helio activates under the Helio Agreement from the first day of the first calendar month following the effective date of the
Acquisition Agreement through the Acquisition Closing Date. Notwithstanding the foregoing, in no event shall the total amount of New End User Credits exceed $10,000,000. 

  

	 	B.	 During the time period between the effective date of the Acquisition Agreement up to and including the Acquisition Closing Date (“Interim
Period”) all New End User Credits will be accrued and held by Sprint PCS. If (i) VMU is not past due on any undisputed amounts (in accordance with Section 7.6 of the PCS Services Agreement) owed Sprint PCS under the PCS Services
Agreement (including undisputed amounts owed under a Work Order) no later than forty-five (45) days following the Acquisition Closing Date, and (ii) Helio is not past due on any undisputed amounts owed Sprint PCS under Helio’s
wholesale services agreement with Sprint PCS as of the Acquisition Closing Date, the total of the New End User Credits accrued by Sprint PCS during the Interim Period will be issued to VMU’s next available invoice following the date conditions
(i) and (ii) are met. If conditions (i) and (ii) in the 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	8

	 	 
immediately preceding sentence are not met, VMU will not be eligible to receive the New End User Credits accrued by Sprint PCS during the Interim Period. For
avoidance of doubt, if VMU is not eligible to receive New End User Credits accrued during the Interim Period, such New End User Credits will not be included in the $10,000,000 cap described in Section 1.14(A) above. Disputes regarding this
Section1.14(B) are to be handled in accordance with standard dispute resolution procedures contained in Section 17 of the PCS Services Agreement. 

  

	 	C.	Following the Interim Period and during the remainder of the Eligibility Period, Sprint will calculate New End User Credits at the end of each bill cycle for new End Users activated
during the just-completed bill cycle (except for new End Users activated during the Interim Period), and no later than five (5) days following the Due Date for such bill cycle, if VMU is not past due on any undisputed amounts owed Sprint PCS
under the PCS Services Agreement (including undisputed amounts owed under a Work Order), VMU is eligible to receive the New End User Credits calculated by Sprint at the end of such bill cycle. If VMU is eligible to receive New End User Credits as
described in the immediately preceding sentence, Sprint PCS will apply such New End User Credits to VMU’s next available invoice that corresponds with such bill cycle (e.g., bill cycle 1 or bill cycle 19). If VMU is not eligible to receive any
New End User Credits as described herein, such credits will not be included in the $10,000,000 cap described in Section 1.14(A) above. 

  

	 	1.15	2008 Minimum Annual Commitment 

  

	 	A.	The following definitions only apply to Section 1.15: 

 “2008 Actual Revenue” means the total of all amounts invoiced to VMU under the PCS Services Agreement on an Invoice for each of VMU’s 2008 bill cycles for 2008 Service Usage including credits or debits related to
disputed charges or billing errors for 2008 Service Usage that are typically included on the “True-Up Statement” VMU receives as part of the supporting documentation for each invoice, which does not include the Additional Amounts, and does
not include New End User Credits, if any, issued for each new End User that activates during calendar year 2008, as described in Section 1.14 above or 4Q New End User Credits, if any, issued for each new End User that activates during the 4Q
Eligibility Period, as described in Section 1.16 below. For clarification purposes, 2008 Actual Revenue will include invoices for any bill cycle that commences after January 1, 2008 and will include invoices for any bill cycle that
commences during December 2008 even if such bill cycle ends in January 2009 (e.g., a January 19, 2009 invoice for a December 19, 2008 through January 18, 2009 bill cycle will be counted towards 2008 Actual Revenue). For the 2008
calendar year only, 2008 Actual Revenue will also include the Helio Revenue; 
 “2008 Service Usage” means
(i) prior to the Fifth Amendment Commencement Date: (a) voice and data usage for airtime services billed in minutes of use as described in Schedule 1.0 (including toll, unbilled local toll, Roaming, Roaming toll and travel
MOUs), (b) directory assistance and operator services billed to VMU as described in Schedule 1.0, (c) SMS usage billed by number of messages as described in Schedule 1.1, (d) 3G Data Transport service billed by
number of MB usage as described in Schedule 1.2, and (e) ADC codes, if applicable, as described in Section 2.14 of the PCS Services Agreement; and (ii) commencing on the Fifth Amendment Commencement Date:
(x) usage for all services listed in Schedule 1.0 (as amended from time to time) and (y) ADC codes, if applicable, as described in Section 2.14 of the PCS Services Agreement. 
  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	9

 “Additional Amounts” means (i) amounts invoiced to VMU for any Customized
Service, (ii) royalty payment amounts, (iii) Late Payment Fees, (iv) any unique amounts invoiced to VMU for which pricing is not described in Schedule 1.0, or (v) any credits (other than New End User
Credits and 4Q New End User Credits) invoiced to VMU that are not directly related to disputed charges or billing errors for Voice/SMS/Data Usage; 
 “Helio Revenue” means amounts from “Helio’s applicable invoices,” (described below) for “Ancillary Charges”, “Current Activity Charges”, “Adjustments” (where applicable), and any
other charges for services included on such invoices that have not been previously applied to Helio’s account, which does not include interest on amounts not paid by Helio to Sprint PCS by the applicable due date set forth in the Helio
Agreement, and “Customized Service Charges” (as defined in the Helio Agreement) invoiced to Helio; provided that for purposes of this definition, “Helio’s applicable invoices” means invoices generated to Helio under the
Helio Agreement for usage commencing June 19, 2008 until the Acquisition Closing Date; 
 “Invoice” means the
applicable monthly electronic invoice following the just-completed monthly bill cycle, for “Ancillary Charges”, “Current Activity Charges”, “Adjustments” (where applicable), identified as such on the Invoice, and any
other charges for services included on such electronic invoice that have not been previously applied to VMU’s account, and including credits or debits that are included on the True-Up Statement in the ordinary course of business consistent with
past practice between VMU and Sprint PCS; 
 “Late Payment Fees” means interest on amounts not paid to Sprint PCS by the
applicable Due Date as described in Section 7.5 of the PCS Services Agreement; and 
 “Remaining 2008 Usage Months”
means the seven (7) consecutive Usage Months commencing with June 2008; and 
 “Usage Month” means the bill cycles that commence on the 1st and 19th days of the same calendar month. 
  

	 	 B.
	 For the June 2008 through December 2008 Usage Months, in lieu of VMU paying the Actual Revenue portion of each
Invoice generated during such Usage Months (it being understood that there are two invoice cycles), VMU will pay to Sprint PCS “Monthly Owed Revenue” equal to: (A) the greater of (i) the Actual Revenue portion of
such Invoice, or (ii) an amount equal to “x” percentage of the amount in the “Required Revenue” column in the table set forth below for the applicable Usage Month, where “x” is *% for invoices dated
the 1st day of a calendar month, and “x” is *% for invoices dated the 19th
 day of a calendar month, minus (B) applicable New End User Credits, if any, minus (C) applicable 4Q New End User Credits, if any. For example, if the August 2008 / 1st day cycle Invoice shows an Actual Revenue portion of $*, VMU would be required to pay, with respect to such Invoice, $* [*% of
$*], minus any applicable New End User Credits. For any Invoice in a Usage Month in which the applicable 2008 Actual Revenue amount associated with such Invoice is greater than the applicable portion of the 2008 Required Revenue amount for
such Usage Month (using the *%/*% calculation immediately above), the 2008 Required 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	10

	 	 
Revenue amount for the corresponding Invoice cycle during the succeeding Usage Month will be temporarily reduced by the difference (prior to subtracting any
applicable New End User Credits and 4Q New End User Credits), solely for the purpose of determining what Purchaser’s Monthly Owed Revenue amount will be for such corresponding Invoice for the immediately succeeding Usage Month. By way of
example (continuing from above), if Purchaser’s August 2008 / 1st day cycle Invoice shows an Actual Revenue portion of $*, VMU will be required to pay, with respect to such Invoice, $* minus any applicable New End User Credits, and the amount in excess of the applicable portion of Required Revenue for such
period [$* which is $* – (*% of $*)] would be used to temporarily reduce the applicable Required Revenue for the September 2008 / 1st day cycle Invoice . In this example, the September 2008 / 1st day cycle Invoice
Required Revenue, before reduction due to any applicable New End User Credits, would be temporarily reduced to $* [(*% of $*) less $*]. In no
event will the annual 2008 Required Revenue amount of $318,000,000 be reduced by any temporary reductions in 2008 Required Revenue amounts for individual Usage Months. For the avoidance of doubt, the 2008 Required Revenue for each Usage Month will
be reduced by applicable New End User Credits, if any, and applicable 4Q New End User Credits, if any, which will reduce the Annual 2008 Required Revenue amount of $318,000,000 by the same amount. In addition, VMU will also pay Sprint PCS any
Additional Amounts invoiced to VMU during each Usage Month. Also shown in the table below are Required Revenue amounts for the January through May 2008 Usage Months, which equal the 2008 Actual Revenue amounts for the Invoices generated for 2008
Service Usage during the January through May 2008 Usage Months. 

 2008 Required Revenue Table 

  

			
	 Usage Month
	  	2008
Required Revenue
	 January
	  	$*
	 February
	  	$*
	 March
	  	$*
	 April
	  	$*
	 May
	  	$*
	 June
	  	$*
	 July
	  	$*
	 August
	  	$*
	 September
	  	$*
	 October
	  	$*
	 November
	  	$*
	 December
	  	$*
	 Annual 2008 Required Revenue
	  	$318,000,000

  

	 	1.16	4Q New End User Credits 

  

	 	A.	 Subject to the conditions set forth below in this Section 1.16, VMU is eligible to receive “4Q New End User Credits” equal to an
additional $2.00 for each new End User that VMU activates under the Agreement (pursuant to Sprint PCS’ reporting 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	11

	 	 
systems) from October 1, 2008 through December 31, 2008 (“4Q Eligibility Period”). For the avoidance of doubt, VMU is eligible to
receive both New End User Credits and 4Q New End User Credits for each new End User that VMU activates under the Agreement (pursuant to Sprint PCS’ reporting systems) from October 1, 2008 through December 31, 2008.

  

	 	B.	Sprint will calculate 4Q New End User Credits at the end of each calendar month for new End Users activated during the just-completed calendar month in the 4Q Eligibility Period,
and no later than five (5) days following the Due Date for such calendar month, if VMU is not past due on any undisputed amounts owed Sprint PCS under the PCS Services Agreement (including undisputed amounts owed under a Work Order), VMU is
eligible to receive the 4Q New End User Credits calculated by Sprint at the end of such calendar month. If VMU is eligible to receive 4Q New End User Credits as described in the immediately preceding sentence, Sprint PCS will apply such 4Q New End
User Credits to VMU’s next available invoice for bill cycle 1. For the avoidance of doubt, the 4Q New End User Credits are in addition to the New End User Credits described in Section 1.14, and the 4Q New End User Credits do not apply to,
and are not subject to, the $10,000,000 cap contained in Section 1.14. 

  

	2.	Pricing Effective for 2009 and thereafter 

 The rates and charges that Sprint PCS will charge VMU for PCS Service and Roaming for 2009 and until expiration or earlier termination of the Agreement are set forth in Section 2 below. The rates and terms listed in this Section 2
may be modified only by mutual agreement of the parties, and the parties agree to conduct any negotiation of this Section 2 in a commercially reasonable manner, and until such mutual agreement of the parties to modify the rates or terms, the
rates and terms in this Section 2 apply. For the avoidance of doubt, beginning with calendar year 2011 and going forward for the remainder of the PCS Services Agreement, unless otherwise negotiated by the parties, there will not be a minimum
annual commitment for any given year. 
  

	 	2.1	Voice PCS Service, Sprint 2G Data Service, SMS and Sprint 3G Data Transport Service Pricing 

 At the end of calendar year December 2008 and each subsequent calendar quarter, Sprint PCS will calculate the Actual Revenue (defined in Section 1.15
above for calendar year 2008 or parts thereof and in Section 2.9 below for subsequent periods) for all monthly bill cycles that commenced during the four (4) most recent calendar quarters (“Rolling 4-Quarter Actual
Revenue”), and such Rolling 4-Quarter Actual Revenue will determine the Rolling 4-Quarter Actual Revenue tier in the table set forth below in this Section 2.1 that will apply to all monthly bill cycles that commence during the
subsequent calendar quarter. For purposes of determining Rolling 4-Quarter Actual Revenue, Helio Revenue will be included ignoring the last proviso of such definition. By way of example, if VMU’s Rolling 4-Quarter Actual Revenue for all
monthly bill cycles that commenced during the first, second, third and fourth calendar quarters of 2008 was $*, the rates for tier #2 in the table below ($* - $*) will apply for all monthly bill cycles that
commence during January 2009 through March 2009. 
  

	 	A.	Voice PCS Service and Sprint 2G Data Service Rates 

  

	 	 	 For End Users voice PCS Service and Sprint 2G Data Service usage, Sprint PCS will charge VMU (i) the volume-based peak per minute rates set forth in the
table below for Peak Time Period MOU during each monthly billing cycle, and (ii) the volume-based off-peak per minute rates set forth in the table below for Off-Peak Time Period MOU during each monthly billing cycle. The peak and
off-peak rates below include 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	12

	 	 
domestic toll charges, Travel MOU charges and any applicable interconnection charges. The peak and off-peak rates DO NOT include Roaming charges or
international toll charges. VMU will be charged the rates set forth in Sections 2.2 or 2.3 below for Roaming and the rates set forth in Section 2.4 for international toll calls. 

  

	 	B.	SMS Rates 

 Sprint PCS will charge VMU the
per SMS rates set forth in the table below for VMU’s total number of mobile terminated SMS and mobile originated SMS messages during the monthly billing cycle. Sprint PCS may modify the SMS rate below from time to time with respect to those SMS
messages sent and received outside of the United States, but will provide advance notice if possible prior to any rate increase. 
  

	 	C.	Sprint 3G Data Transport Service 

 Sprint
PCS will charge VMU the per MB rates set forth in the table below for VMU’s total number of Sprint 3G Data Transport Service MB usage during each monthly billing cycle. For reference purposes, the per kilobyte (“KB”) rates are also
shown below. The rates below include any applicable interconnection charges and Travel 3G Data Transport charges. The Sprint 3G Data Transport Service rates in the table below are for data transport only and do not include access to individual
Sprint-provided 3G data services. 
 Voice PCS Service, Sprint 2G Data Service, SMS and Sprint 3G Data Transport Service Table 

  

													
	 Tier #
	  	Rolling 4-Quarter
Actual Revenue	 	Peak Per
Minute
Rate	  	Off-Peak
Per Minute
Rate	  	Per SMS
Rate	  	Per MB
Rate	  	Per KB
Rate
	 1
	  	* - $*	 	$*	  	$*	  	$*	  	$*	  	$*
	 2
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 3
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 4
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 5
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 6
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 7
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 8
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 9
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 10
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 11
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 12
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 13
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 14
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 15
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 16
	  	 $* - $*
	 	$*	  	$*	  	$*	  	$*	  	$*
	 17  
	  	$* and above	 	$*	  	$*	  	$*	  	$*	  	$*

 Voice PCS Service and Sprint 2G Data Service Peak and Off-Peak Time Periods

 “Peak Time Period”: * – *, * – *, except 
 national holidays observed by the United States Postal Service. 
 “Off-Peak Time Period”: * – *, * – * and * – *, and national holidays observed by the United States Postal Service. 
  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	13

	 	2.2	Automatic Roaming 

 For Roaming calls that
are completed despite VMU’s instructions that Sprint PCS block Roaming pursuant to Section 9.2.3 of the Agreement, Sprint PCS will charge VMU the rates set forth below. The parties acknowledge that Roaming shall not include Sprint PCS
Service Provider Affiliate travel usage. 
  

	 	A.	Domestic Roaming Charges 

 For automatic
Roaming calls End Users make or receive in the United States, Sprint PCS will charge VMU an average pass through domestic Roaming rate of $* per minute plus taxes, if applicable. Each quarter, Sprint PCS will perform an analysis of Sprint PCS’
domestic voice Roaming charges, and if such analysis results in a different average pass through rate, Sprint PCS will update the rate it charges VMU prospectively consistent with such analysis. 
  

	 	B.	Automatic Roaming for Guam, Puerto Rico & US Virgin Islands 

 For Roaming calls that End Users make or receive in Guam, Puerto Rico or the US Virgin Islands, Sprint PCS will charge VMU an average pass through rate of $* per minute, plus all other applicable charges such
as taxes and surcharges. Each quarter, Sprint PCS will perform an analysis of Sprint PCS’ voice Roaming charges for Guam, Puerto Rico and the US Virgin Islands, and if such analysis results in a different average pass through rate, Sprint PCS
will update the rate it charges VMU prospectively consistent with such analysis. 
  

	 	C.	Automatic International Roaming for All Countries Except Guam, Puerto Rico and US Virgin Islands 

 Sprint PCS will charge VMU the average pass through international Roaming rates set forth below. Each quarter, Sprint PCS will perform an analysis of
Sprint PCS’ international voice Roaming charges, and if such analysis results in different average pass through rates, Sprint PCS will update the rates it charges VMU prospectively consistent with such analysis. 
 For international Roaming services in all countries where Sprint PCS provides international Roaming, excluding Guam, Puerto Rico and the US Virgin
Islands (each an “International Roaming Country”), Sprint PCS will charge VMU as follows: 
  

	 	(i)	For: (x) calls that originate and terminate within the same International Roaming Country, (y) calls that originate in the International Roaming Country and
terminate in the United States, and (z) all incoming calls in International Roaming Countries regardless of their origination point, the applicable average pass through per minute airtime rate for the International Roaming Country where the
call originates as set forth below, plus all other applicable charges such as taxes and surcharges; or 

  

	 	(ii)	For calls that originate in an International Roaming Country and terminate in any other International Roaming Country other than the United States, the applicable average
pass through per minute airtime rate for the International Roaming Country where the call originates as set forth below, plus applicable international toll charges for the terminating country as set forth in Exhibit A to Schedule 1.0, plus
all other applicable charges such as taxes and surcharges. 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	14

 International Roaming Airtime Average Pass Through Per Minute Rates 
  

			
	 Country
	  	Roaming Rates
Per Minute
	 Canada
	  	$*
	 Mexico
	  	$*
	 All other countries (except Guam, Puerto Rico & US Virgin Islands)
	  	$*

  

	 	2.3	Manual Roaming Charges 

 For manual Roaming
in areas where Sprint PCS does not provide Roaming, Roaming charges are billed directly to the End User credit or calling card by the serving carrier at carrier-defined rates. 
  

	 	2.4	International Toll Charges 

  

	 	A.	International Toll Services Provided by Sprint PCS 

 For international toll voice PCS Service that Sprint PCS provides to End Users, Sprint PCS will charge VMU the international per minute base rates set forth in Exhibit A to Schedule 1.0. Sprint PCS may modify the rates in Exhibit A
from time to time, but will provide advance notice prior to any rate increase. 
  

	 	B.	Call Network Routing 

 In the event that VMU
wishes to route international traffic to a switch designated by VMU (CNR): 
  

	 	(i)	VMU will notify Sprint PCS and follow the Work Order process, and Sprint PCS will reasonably assist VMU in facilitating a routing solution in accordance with such Work Order
process. 

  

	 	(ii)	VMU will be responsible for all development and interconnection costs associated with routing such calls to the designated switch. 

  

	 	(iii)	For international calls that are routed to a switch designated by VMU, Sprint PCS will not charge VMU the international rates in Exhibit A to Schedule 1.0, but the
domestic voice PCS Service rates listed in Section 2.1, above plus $* per minute will apply for the domestic portion of all international terminating calls. 

  

	 	(iv)	All “011” destined calls will be routed to a switch designated by VMU, subject to all applicable terms and conditions in this Section 2.4(B).

  

	 	(v)	Following are North American Dialing Plan (“NADP”) countries and applicable NPA/NXX designations for which calls to such NADP countries will be routed to a
switch designated by VMU: 

  

	 	•	 	 American Somoa (684) 

  

	 	•	 	 Anguilla (264) 

  

	 	•	 	 Antigua and Barbuda (268) 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	15

	 	•	 	 Bahamas (242) 

  

	 	•	 	 Barbados (246) 

  

	 	•	 	 Bermuda (441) 

  

	 	•	 	 British Virgin Islands (284) 

  

	 	•	 	 Canada: 

 204 -
Manitoba 
 226 - Ontario 
 250 - British Columbia 
 289 - Ontario 
 306 - Saskatchewan 
 403 - Alberta 
 438 - Quebec 
 416 - Ontario 
 418 - Quebec 
 450 - Quebec 
 506 - New Brunswick 
 514 - Quebec 
 519 - Ontario 
 581 - Quebec 
 587 - Alberta 
 604 - British Columbia 
 613 - Ontario 
 647 - Ontario 
 705 - Ontario 
 709 - Newfoundland 
 778 - British Columbia 
 780 - Alberta 
 807 - Ontario 
 819 - Quebec 
 867 - Yukon & NW Territories 
 902 - Nova Scotia 
 905 - Ontario 
  

	 	•	 	 Cayman Islands (345) 

  

	 	•	 	 Dominica (767) 

  

	 	•	 	 Dominican Republic (809) 

  

	 	•	 	 Dominican Republic (829) 

  

	 	•	 	 Grenada (473) 

  

	 	•	 	 Jamaica (876) 

  

	 	•	 	 Montserrat (664) 

  

	 	•	 	 St. Kitts and Nevis (869) 

  

	 	•	 	 St. Lucia (758) 

  

	 	•	 	 St. Vincent and the Grenadines (784) 

  

	 	•	 	 Trinidad and Tobago (868) 

  

	 	•	 	 Turks and Caicos Islands (649) 

  

	 	(vi)	Following are NADP countries and applicable NPA/NXX designations for which calls to such countries will NOT be routed to a switch designated by VMU since Sprint PCS considers
calls to such countries domestic calls, and Sprint PCS will charge VMU the domestic voice PCS Service rates listed in Section 2.1 above plus $* per minute for calls to such NADP countries: 

  

	 	•	 	 Virgin Islands (340) 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	16

	 	•	 	 Commonwealth of Northern Marianas Islands – Saipan, Tinian and Rota (670) 

  

	 	•	 	 Guam (671) 

  

	 	•	 	 Puerto Rico (787 & 939) 

  

	 	2.5	Control-Plane Location Look-Up Charges 

 Sprint PCS will determine the monthly Control-Plane Location Look-Up charges by multiplying the total number of Control -Plane Location Look-Ups for the just-completed bill cycle by the applicable volume based “Rate Per Control -Plane
Location Look-Up” from the table below. For avoidance of doubt, Sprint PCS will charge VMU for each Control-Plane Location Look-Up attempt whether or not the location information is ultimately returned to the Control-Plane Requesting Device.
Since Control -Plane Location Look-Up charges are manually calculated and added to VMU’s monthly invoice, the bill cycle time period for Control -Plane Location Look-Up charges included on a monthly invoice will not be the same as the time
period for systematically-billed charges included on such invoice. 
  

			
	 Control-Plane Location Look-
Ups per Monthly Bill Cycle
	  	Rate per Control -Plane
Location Look-Up
	 * - *
	  	$*
	 * - *
	  	$*
	 * - *
	  	$*
	 * and above
	  	$*

  

	 	2.6	User-Plane Location Services 

  

	 	A.	User-Plane Location Application Certification Fee: * 

  

	 	B.	User-Plane Location Look-Up Charges:  

 Sprint PCS will determine the monthly User-Plane Location Look-Up charges by multiplying the total number of User-Plane Location Look-Ups for the just-completed bill cycle by the applicable volume based “Rate Per User-Plane Location
Look-Up” from the table below. For avoidance of doubt, Sprint PCS will charge VMU for each User-Plane Location Look-Up attempt whether or not the location information is ultimately returned to the User-Plane Location Handset. Since User-Plane
Location Look-Up charges are manually calculated and added to VMU’s monthly invoice, the bill cycle time period for User-Plane Location Look-Up charges included on a monthly invoice will not be the same as the time period for
systematically-billed charges included on such invoice. 
  

			
	 User-Plane Location Look-
Ups per Monthly Bill Cycle
	  	Rate per User-Plane
Location Look-Up
	 * - *
	  	$*
	 * - *
	  	$*
	 * - *
	  	$*
	 * and above
	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	17

	 	2.7	Other Charges: 

  

	 	A.	Call Forwarding: Sprint PCS will charge VMU standard airtime rates, plus applicable toll charges. 

  

	 	B.	Operator Services: Sprint PCS will charge VMU its standard retail rates and charges for operator services. 

  

	 	C.	Directory Assistance: Sprint PCS will charge VMU $* per call, plus all other applicable charges including airtime charges, for directory assistance services.

  

	 	D.	911 and E911: Standard airtime and toll rates 

  

	 	E.	Non-standard reports: As quoted 

  

	 	F.	Handset Certification: As quoted 

  

	 	2.8	New End User Credits 

 The terms and
conditions set forth in Section 1.14 above will also apply for calendar year 2009. 
  

	 	2.9	Minimum Annual Commitment 

 The terms and
conditions set forth in this Section 2.9 apply for calendar years 2009 and 2010. 
  

	 	A.	The following definitions only apply to Sections 2.1 and 2.9: 

 “Actual Revenue” means the total of all amounts invoiced to VMU under the PCS
Services Agreement on an Invoice for each of VMU’s bill cycles for the applicable calendar year for Service Usage including credits or debits related to disputed charges or billing errors for Service Usage that are typically included on the
“True-Up Statement” VMU receives as part of the supporting documentation for each invoice, which does not include the Additional Amounts, and for calendar year 2009 or part thereof, does not include New End User Credits, if any, issued for
each new End User that activates during calendar year 2009 or part thereof, as described in Section 1.14 above. For clarification purposes, Actual Revenue will include invoices for any bill cycle that commences after January 1st of the respective calendar year and will include invoices for any bill cycle that commences during December of the respective calendar year even if such bill
cycle ends in January of the following calendar year (e.g., a January 19, 2010 invoice for a December 19, 2009 through January 18, 2010 bill cycle will be counted towards Actual Revenue for calendar year 2009); 
 “Additional Amounts” means (i) amounts invoiced to VMU for any Customized Service, (ii) royalty payment amounts,
(iii) Late Payment Fees, (iv) any unique amounts invoiced to VMU for which pricing is not described in Schedule 1.0, or (v) any credits (other than New End User Credits) invoiced to VMU that are not directly
related to disputed charges or billing errors for Service Usage; 
 “Invoice” means the applicable monthly electronic
invoice following the just-completed monthly bill cycle, for “Ancillary Charges”, “Current Activity Charges”, “Adjustments” (where applicable), identified as such on the Invoice, and any other charges for services
included on such electronic invoice that have not been 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	18

 
previously applied to VMU’s account, and including credits or debits that are included on the True-Up Statement in the ordinary course of business
consistent with past practice between VMU and Sprint PCS; 
 “Late Payment Fees” means interest on amounts not paid to
Sprint PCS by the applicable Due Date as described in Section 7.5 of the PCS Services Agreement; 
 “Service Usage”
means (a) usage for all services listed in Schedule 1.0 (as amended from time to time) and (b) ADC codes, if applicable, as described in Section 2.14 of the PCS Services Agreement; and 
 “Usage Month” means the bill cycles that commence on the 1st and 19th days of the same calendar month. 
  

	 	B.	In lieu of including an “Annual Required Revenue Table” for each of 2009 and 2010 calendar years, VMU will provide Sprint PCS with an Annual Required Revenue Table,
approved by VMU’s Board of Directors, in the same format as the 2008 Required Revenue Table set forth in Section 1.15 above that represents a good-faith statement of its anticipate allocation of the respective commitments across the
succeeding calendar year and that is prepared in accordance with the following requirements: 

  

	 	(i)	VMU must provide Sprint PCS with an estimated Annual Required Revenue Table with Required Revenue amounts for each Usage Month no later than October 1 of 2008 and 2009
for the succeeding calendar year; 

  

	 	(ii)	VMU must provide Sprint PCS with a final Annual Required Revenue Table with Required Revenue amounts for each Usage Month no later than December 15 of 2008 and 2009 for
the succeeding calendar year; 

  

	 	(iii)	Required Revenue amounts for the 2009 Annual Required Revenue Table must be at least $* for each Usage Month, must not exceed $* collectively for the last three
Usage Months of the year, and the total of all Required Revenue amounts for 2009 must equal $370,000,000; 

  

	 	(iv)	Required Revenue amounts for the 2010 Annual Required Revenue Table must be at least $* for each Usage Month, must not exceed $*collectively for the last three
Usage Months of the year, and the total of all Required Revenue amounts for 2010 must equal $420,000,000; 

 If VMU fails to
provide an Annual Required Revenue Table for 2009 or 2010 that meets the requirements set forth in subsections (i) through (iv) above, the Annual Required Revenue Table will be as follows: 
 2009 and 2010 Required Revenue Table 
  

					
	 Usage Month
	  	 2009
Required Revenue
	  	 2010
Required Revenue

	 January
	  	$*	  	$*
	 February
	  	$*	  	$*
	 March
	  	$*	  	$*
	 April
	  	$*	  	$*
	 May
	  	$*	  	$*
	 June
	  	$*	  	$*
	 July
	  	$*	  	$*
	 August
	  	$*	  	$*
	 September
	  	$*	  	$*
	 October
	  	$*	  	$*
	 November
	  	$*	  	$*
	 December
	  	$*	  	$*
	 Annual Required Revenue
	  	$370,000,000	  	$420,000,000

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	19

	 	 C.
	 During 2009 and 2010, in lieu of VMU paying the Actual Revenue portion of each Invoice generated during each
Usage Month, VMU will pay to Sprint PCS “Monthly Owed Revenue” equal to: (A) the greater of (i) the Actual Revenue portion of such Invoice, or (ii) an amount equal to “x” percentage of the
Required Revenue amount in the applicable Annual Required Revenue Table for the applicable Usage Month, where “x” is *% for invoices dated the 1st day of a calendar month, and “x” is *% for invoices dated the 19th day of a calendar month, minus
(B) for 2009 only, applicable New End User Credits, if any. For any Invoice in a Usage Month in which the applicable Actual Revenue amount associated with such Invoice is greater than applicable portion of the Required Revenue amount for such
Usage Month (using the same *%/*% calculation from Section 1.15(B) above), the Required Revenue amount for the corresponding Invoice cycle for the succeeding Usage Month will be temporarily reduced by the difference (prior to
subtracting any applicable New End User Credits for 2009 only), solely for the purpose of determining what Purchaser’s Monthly Owed Revenue amount will be for such corresponding Invoice for the immediately succeeding Usage Month. In no event
will either the 2009 Annual Required Revenue amount of $370,000,000 or the 2010 Annual Required Revenue amount of $420,000,000 be reduced by any temporary reductions in Required Revenue amounts for individual 2009 and 2010 Usage Months. VMU agrees
that for calendar year 2009 it will pay Sprint the Annual Required Revenue of $370,000,000 minus any New End User Credits, and for calendar year 2010 it will pay Sprint the Annual Required Revenue of $420,000,000. For the avoidance of doubt, the
Required Revenue for each Usage Month in 2009 will be reduced by applicable New End User Credits, if any, which will reduce the 2009 Annual Required Revenue amount of $370,000,000 by the same amount. In addition, VMU will also pay Sprint PCS any
Additional Amounts invoiced to VMU during each Usage Month. 

  

	 	2.10	Pricing Adjustments 

 In the event that
Sprint PCS enters into a wireless service agreement: 
  

	 	A.	To sell PCS Services (not including services used for product or service testing or demonstration purposes and not including international toll calls, Roaming, directory
assistance, operator services and Customized Services) to a Direct Strategic Competitor of VMU, other than Sprint PCS; 

  

	 	B.	The material terms of which are substantially similar to those applicable to VMU under this Services Agreement, (with respect to such things as sales volume, territory, and
scope of product and service offering applicable to VMU at the time Sprint PCS enters into such agreement with the third party); 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	20

	 	C.	Sprint PCS and its Affiliates own less that 37.5% of such third party; and 

  

	 	D.	The agreement commits Sprint PCS to sell to third party wireless voice and/or data services (other than services that would be Customized Services under this Agreement) at a
lower price (in the aggregate) than Sprint PCS sells such services to VMU under this Services Agreement (in the aggregate); 

 VMU may request and Sprint PCS will, on a prospective basis, make such PCS Services available to VMU at the same price and under the same terms and conditions (in addition to the terms and conditions of the Services Agreement) in lieu of
prices in this Schedule 1.0. 
  

	 	•	 	 Nothing contained in this provision will relieve VMU from charges for Customized Service Costs, Implementation Costs or any other charges applicable under this
Services Agreement. 

  

	 	•	 	 If Sprint PCS enters into such agreement, it will notify VMU of the existence and relevant terms of such agreement within a commercially reasonable period of time.

  

	 	•	 	 Other cost and pricing terms are specifically set forth in the Agreement. 

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	21

 Exhibit A to Schedule 1.0 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 Afghanistan
	  	93	 	$*	  	$*
	 Albania
	  	355	 	$*	  	$*
	 Algeria
	  	213	 	$*	  	$*
	 American Samoa
	  	+1-684*	 	$*	  	$*
	 Andorra
	  	376	 	$*	  	$*
	 Angola
	  	244	 	$*	  	$*
	 Anguilla
	  	+1-264*	 	$*	  	$*
	 Antigua & Barbuda
	  	+1-268*	 	$*	  	$*
	 Argentina
	  	54	 	$*	  	$*
	 Armenia
	  	374	 	$*	  	$*
	 Aruba
	  	297	 	$*	  	$*
	 Ascension Island
	  	247	 	$*	  	$*
	 Australia - all calls except to Satellite
	  	61	 	$*	  	$*
	 Australia - all calls to Satellite
	  	611	 	$*	  	$*
	 Australian External Territories
	  	672	 	$*	  	$*
	 Austria
	  	43	 	$*	  	$*
	 Azerbaijan
	  	994	 	$*	  	$*
	 Bahamas
	  	+1-242*	 	$*	  	$*
	 Bahrain
	  	973	 	$*	  	$*
	 Bangladesh
	  	880	 	$*	  	$*
	 Barbados
	  	+1-246*	 	$*	  	$*
	 Belarus
	  	375	 	$*	  	$*
	 Belgium
	  	32	 	$*	  	$*
	 Belize
	  	501	 	$*	  	$*
	 Benin
	  	229	 	$*	  	$*
	 Bermuda
	  	+1-441*	 	$*	  	$*
	 Bhutan
	  	975	 	$*	  	$*
	 Bolivia
	  	591	 	$*	  	$*
	 Bosnia & Herzegovina
	  	387	 	$*	  	$*
	 Botswana
	  	267	 	$*	  	$*
	 Brazil
	  	55	 	$*	  	$*
	 British Virgin Islands
	  	673	 	$*	  	$*
	 Brunei
	  	359	 	$*	  	$*
	 Bulgaria
	  	226	 	$*	  	$*
	 Burkina Faso
	  	257	 	$*	  	$*
	 Burundi
	  	+1-284*	 	$*	  	$*
	 Cambodia
	  	855	 	$*	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	22

 Exhibit A to Schedule 1.0 (continued) 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 Cameroon
	  	237	 	$*	  	$*
	 Canada
	  	+1*	 	$*	  	$*
	 Cape Verde Islands
	  	238	 	$*	  	$*
	 Cayman Islands
	  	+1-345*	 	$*	  	$*
	 Central African Republic
	  	236	 	$*	  	$*
	 Chad Republic
	  	235	 	$*	  	$*
	 Chile
	  	56	 	$*	  	$*
	 China
	  	86	 	$*	  	$*
	 Colombia
	  	57	 	$*	  	$*
	 Comoros
	  	269	 	$*	  	$*
	 Congo
	  	242	 	$*	  	$*
	 Congo Dem Rep. (Zaire)
	  	243	 	$*	  	$*
	 Cook Islands
	  	682	 	$*	  	$*
	 Costa Rica
	  	506	 	$*	  	$*
	 Croatia
	  	385	 	$*	  	$*
	 Cuba
	  	53	 	$*	  	$*
	 Cyprus
	  	357	 	$*	  	$*
	 Czech Republic
	  	420	 	$*	  	$*
	 Denmark
	  	45	 	$*	  	$*
	 Diego Garcia
	  	246	 	$*	  	$*
	 Djibouti
	  	253	 	$*	  	$*
	 Dominica
	  	+1-767*	 	$*	  	$*
	 Dominican Republic
	  	+1-809* and +1-829*	 	$*	  	$*
	 East Timor
	  	670	 	$*	  	$*
	 Ecuador
	  	593	 	$*	  	$*
	 Egypt
	  	20	 	$*	  	$*
	 El Salvador
	  	503	 	$*	  	$*
	 Equatorial Guinea
	  	240	 	$*	  	$*
	 Eritrea
	  	291	 	$*	  	$*
	 Estonia
	  	372	 	$*	  	$*
	 Ethiopia
	  	251	 	$*	  	$*
	 Falkland Islands
	  	500	 	$*	  	$*
	 Faroe Islands
	  	298	 	$*	  	$*
	 Fiji Islands
	  	679	 	$*	  	$*
	 Finland
	  	358	 	$*	  	$*
	 France
	  	33	 	$*	  	$*
	 French Guiana
	  	594	 	$*	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	23

 Exhibit A to Schedule 1.0 (continued) 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 French Polynesia
	  	689	 	$*	  	$*
	 Gabon
	  	241	 	$*	  	$*
	 Gambia
	  	220	 	$*	  	$*
	 Georgia
	  	995	 	$*	  	$*
	 Germany
	  	49	 	$*	  	$*
	 Ghana
	  	233	 	$*	  	$*
	 Gibraltar
	  	350	 	$*	  	$*
	 Global Mobile Satellite System (GMSS) - Ellipso-3
	  	8813	 	$*	  	$*
	 Global Mobile Satellite System (GMSS) - Iridium-6
	  	8816	 	$*	  	$*
	 Global Mobile Satellite System (GMSS) - Iridium-7
	  	8817	 	$*	  	$*
	 Global Mobile Satellite System (GMSS) - Globalstar-8
	  	8818	 	$*	  	$*
	 Global Mobile Satellite System (GMSS) - Globalstar-9
	  	8819	 	$*	  	$*
	 Greece
	  	30	 	$*	  	$*
	 Greenland
	  	299	 	$*	  	$*
	 Grenada
	  	+1-473*	 	$*	  	$*
	 Guadeloupe
	  	590	 	$*	  	$*
	 Guantanamo Bay
	  	5399	 	$*	  	$*
	 Guatemala
	  	502	 	$*	  	$*
	 Guinea
	  	224	 	$*	  	$*
	 Guinea-Bissau
	  	245	 	$*	  	$*
	 Guyana
	  	592	 	$*	  	$*
	 Haiti
	  	509	 	$*	  	$*
	 Honduras
	  	504	 	$*	  	$*
	 Hong Kong
	  	852	 	$*	  	$*
	 Hungary
	  	36	 	$*	  	$*
	 Iceland
	  	354	 	$*	  	$*
	 India
	  	91	 	$*	  	$*
	 Indonesia
	  	62	 	$*	  	$*
	 Inmarsat SNAC (Satellite-Based Networks)
	  	870	 	$*	  	$*
	 Inmarsat - Ocean Atlantic East
	  	871	 	$*	  	$*
	 Inmarsat - Ocean Atlantic West
	  	874	 	$*	  	$*
	 Inmarsat - Ocean Indian
	  	873	 	$*	  	$*
	 Inmarsat - Ocean Pacific
	  	872	 	$*	  	$*
	 International Networks - Thuraya Rmss Network
	  	88216	 	$*	  	$*
	 International Networks - Emsat
	  	88213	 	$*	  	$*
	 International Networks - MCP
	  	88232	 	$*	  	$*
	 International Networks - Global Networks Antartica
	  	88234	 	$*	  	$*
	 International Networks - Telenor
	  	88299	 	$*	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	24

 Exhibit A to Schedule 1.0 (continued) 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 Iran
	  	98	 	$*	  	$*
	 Iraq
	  	964	 	$*	  	$*
	 Ireland
	  	353	 	$*	  	$*
	 Israel
	  	972	 	$*	  	$*
	 Italy - all calls except to Satellite Elsacom
	  	39	 	$*	  	$*
	 Italy - all calls to Satellite Elsacom
	  	39310	 	$*	  	$*
	 Ivory Coast
	  	225	 	$*	  	$*
	 Jamaica
	  	+1-876*	 	$*	  	$*
	 Japan
	  	81	 	$*	  	$*
	 Jordan
	  	962	 	$*	  	$*
	 Kazakhstan
	  	7	 	$*	  	$*
	 Kenya
	  	254	 	$*	  	$*
	 Kiribati
	  	686	 	$*	  	$*
	 Kuwait
	  	965	 	$*	  	$*
	 Kyrgyzstan
	  	996	 	$*	  	$*
	 Laos
	  	856	 	$*	  	$*
	 Latvia
	  	371	 	$*	  	$*
	 Lebanon
	  	961	 	$*	  	$*
	 Lesotho
	  	266	 	$*	  	$*
	 Liberia
	  	231	 	$*	  	$*
	 Libya
	  	218	 	$*	  	$*
	 Liechtenstein
	  	423	 	$*	  	$*
	 Lithuania
	  	370	 	$*	  	$*
	 Luxembourg
	  	352	 	$*	  	$*
	 Macau
	  	853	 	$*	  	$*
	 Macedonia
	  	389	 	$*	  	$*
	 Madagascar
	  	261	 	$*	  	$*
	 Malawi
	  	265	 	$*	  	$*
	 Malaysia
	  	60	 	$*	  	$*
	 Maldives
	  	960	 	$*	  	$*
	 Mali Republic
	  	223	 	$*	  	$*
	 Malta
	  	356	 	$*	  	$*
	 Marshall Islands
	  	692	 	$*	  	$*
	 Martinique
	  	596	 	$*	  	$*
	 Mauritania
	  	222	 	$*	  	$*
	 Mauritius
	  	230	 	$*	  	$*
	 Mayotte Island
	  	262	 	$*	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	25

 Exhibit A to Schedule 1.0 (continued) 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 Mexico:
	  		 		  	
	 Mexico - Factor Two Cities
	  	See Factor Two List below	 	$*	  	$*
	 Mexico - Guadalajara
	  	5233	 	$*	  	$*
	 Mexico - Mexico City
	  	5255	 	$*	  	$*
	 Mexico - Monterrey
	  	5281	 	$*	  	$*
	 Mexico - all other calls
	  	52	 	$*	  	$*
	 Micronesia
	  	691	 	$*	  	$*
	 Moldova
	  	373	 	$*	  	$*
	 Monaco
	  	377	 	$*	  	$*
	 Mongolia
	  	976	 	$*	  	$*
	 Montenegro
	  	382	 	$*	  	$*
	 Montserrat
	  	+1-664*	 	$*	  	$*
	 Morocco
	  	212	 	$*	  	$*
	 Mozambique
	  	258	 	$*	  	$*
	 Myanmar (Burma)
	  	95	 	$*	  	$*
	 Namibia
	  	264	 	$*	  	$*
	 Nauru
	  	674	 	$*	  	$*
	 Nepal
	  	977	 	$*	  	$*
	 Netherlands
	  	31	 	$*	  	$*
	 Netherlands Antilles
	  	599	 	$*	  	$*
	 New Caledonia
	  	687	 	$*	  	$*
	 New Zealand
	  	64	 	$*	  	$*
	 Nicaragua
	  	505	 	$*	  	$*
	 Niger
	  	227	 	$*	  	$*
	 Nigeria
	  	234	 	$*	  	$*
	 Niue Island
	  	683	 	$*	  	$*
	 North Korea
	  	850	 	$*	  	$*
	 Norway
	  	47	 	$*	  	$*
	 Oman
	  	968	 	$*	  	$*
	 Pakistan
	  	92	 	$*	  	$*
	 Palau
	  	680	 	$*	  	$*
	 Palestine Authority
	  	970	 	$*	  	$*
	 Panama
	  	507	 	$*	  	$*
	 Papua New Guinea
	  	675	 	$*	  	$*
	 Paraguay
	  	595	 	$*	  	$*
	 Peru
	  	51	 	$*	  	$*
	 Philippines
	  	63	 	$*	  	$*
	 Poland
	  	48	 	$*	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	26

 Exhibit A to Schedule 1.0 (continued) 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 Portugal
	  	351	 	$*	  	$*
	 Qatar
	  	974	 	$*	  	$*
	 Reunion Island
	  	262	 	$*	  	$*
	 Romania
	  	40	 	$*	  	$*
	 Russia
	  	7	 	$*	  	$*
	 Rwanda
	  	25	 	$*	  	$*
	 San Marino
	  	378	 	$*	  	$*
	 Sao Tome & Principe
	  	239	 	$*	  	$*
	 Saudi Arabia
	  	966	 	$*	  	$*
	 Senegal
	  	221	 	$*	  	$*
	 Serbia
	  	381	 	$*	  	$*
	 Seychelles
	  	248	 	$*	  	$*
	 Sierra Leone
	  	232	 	$*	  	$*
	 Singapore
	  	65	 	$*	  	$*
	 Slovakia
	  	421	 	$*	  	$*
	 Slovenia
	  	386	 	$*	  	$*
	 Solomon Islands
	  	677	 	$*	  	$*
	 Somalia
	  	252	 	$*	  	$*
	 South Africa
	  	27	 	$*	  	$*
	 South Korea (Republic of)
	  	82	 	$*	  	$*
	 Spain
	  	34	 	$*	  	$*
	 Sri Lanka
	  	94	 	$*	  	$*
	 St Helena
	  	290	 	$*	  	$*
	 St Kitts & Nevis
	  	+1-869*	 	$*	  	$*
	 St Lucia
	  	+1-758*	 	$*	  	$*
	 St Pierre & Miquelon
	  	508	 	$*	  	$*
	 St Vincent and The Grenadines
	  	+1-784*	 	$*	  	$*
	 Sudan
	  	249	 	$*	  	$*
	 Suriname
	  	597	 	$*	  	$*
	 Swaziland
	  	268	 	$*	  	$*
	 Sweden
	  	46	 	$*	  	$*
	 Switzerland
	  	41	 	$*	  	$*
	 Syria
	  	963	 	$*	  	$*
	 Taiwan
	  	886	 	$*	  	$*
	 Tajikistan
	  	992	 	$*	  	$*
	 Tanzania
	  	255	 	$*	  	$*
	 Thailand
	  	66	 	$*	  	$*
	 Togo
	  	228	 	$*	  	$*

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	27

 Exhibit A to Schedule 1.0 (continued) 
 International Toll Charges 
  

	*	denotes NADP countries 

  

							
	 	  	 	 	Per Minute Rates
	 Country
	  	Country Code	 	Wireline
Terminated	  	Mobile
Terminated
	 Tokelau
	  	69	 	$*	  	$*
	 Tonga Islands
	  	676	 	$*	  	$*
	 Trinidad & Tobago
	  	+1-868*	 	$*	  	$*
	 Tunisia
	  	216	 	$*	  	$*
	 Turkey
	  	90	 	$*	  	$*
	 Turkmenistan
	  	993	 	$*	  	$*
	 Turks & Caicos Islands
	  	+1-649*	 	$*	  	$*
	 Tuvalu
	  	688	 	$*	  	$*
	 Uganda
	  	256	 	$*	  	$*
	 Ukraine
	  	380	 	$*	  	$*
	 United Arab Emirates
	  	971	 	$*	  	$*
	 United Kingdom
	  	44	 	$*	  	$*
	 Uruguay
	  	598	 	$*	  	$*
	 Uzbekistan
	  	998	 	$*	  	$*
	 Vanuatu
	  	678	 	$*	  	$*
	 Vatican City
	  	39	 	$*	  	$*
	 Venezuela
	  	58	 	$*	  	$*
	 Vietnam
	  	84	 	$*	  	$*
	 Wallis & Futuna Islands
	  	681	 	$*	  	$*
	 Western Samoa
	  	685	 	$*	  	$*
	 Yemen, Republic of
	  	967	 	$*	  	$*
	 Zambia
	  	260	 	$*	  	$*
	 Zimbabwe
	  	263	 	$*	  	$*

 Mexico - Factor Two Cities 
  

					
	 City
	  	City Code	  	Digit String
	 Acaponeta
	  	325	  	52-325
	 Acapulco
	  	744	  	52-744
	 Actopan
	  	772	  	52-772
	 Agua Prieta
	  	633	  	52-633
	 Aguascalientes
	  	449	  	52-449
	 Allende
	  	826	  	52-826
	 Apatzingan
	  	453	  	52-453
	 Apizaco
	  	241	  	52-241
	 Arcelia
	  	732	  	52-732

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	28

 Exhibit A to Schedule 1.0 (continued) 
 Mexico - Factor Two Cities 
  

					
	 City
	  	City Code	  	Digit String
	 Atlacomulco
	  	712	  	52-712
	 Atlixco
	  	244	  	52-244
	 Autlan
	  	317	  	52-317
	 Bahia De Huatulco
	  	958	  	52-958
	 Cabo San Lucas
	  	624	  	52-624
	 Caborca
	  	637	  	52-637
	 Cadereyta Jimenez
	  	828	  	52-828
	 Campeche
	  	981	  	52-981
	 Cananea
	  	645	  	52-645
	 Cancun
	  	998	  	52-998
	 Celaya
	  	461	  	52-461
	 Cerralvo
	  	892	  	52-892
	 Chetumal
	  	983	  	52-983
	 Chihuahua
	  	614	  	52-614
	 Chilapa
	  	756	  	52-756
	 Chilpancingo
	  	747	  	52-747
	 Cintalapa De Figueroa
	  	968	  	52-968
	 Ciudad Acuna
	  	877	  	52-877
	 Ciudad Altamirano
	  	767	  	52-767
	 Ciudad Camargo B
	  	891	  	52-891
	 Ciudad Constitucion
	  	613	  	52-613
	 Ciudad Cuauhtemoc
	  	625	  	52-625
	 Ciudad Del Carmen
	  	938	  	52-938
	 Ciudad Delicias
	  	639	  	52-639
	 Ciudad Guzman
	  	341	  	52-341
	 Ciudad Hidalgo
	  	962	  	52-962
	 Ciudad Juarez
	  	656	  	52-656
	 Ciudad Lazaro Cardenas
	  	753	  	52-753
	 Ciudad Mante
	  	831	  	52-831
	 Ciudad Obregon
	  	644	  	52-644
	 Ciudad Sahagun
	  	791	  	52-791
	 Ciudad Valles
	  	481	  	52-481
	 Ciudad Victoria
	  	834	  	52-834
	 Coatzacoalcos
	  	921	  	52-921
	 Colima
	  	312	  	52-312
	 Cordoba
	  	271	  	52-271
	 Cosamaloapan
	  	288	  	52-288
	 Cozumel
	  	987	  	52-987
	 Cuautla
	  	735	  	52-735
	 Cuernavaca
	  	777	  	52-777

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	29

 Exhibit A to Schedule 1.0 (continued) 
 Mexico - Factor Two Cities 
  

					
	 City
	  	City Code	  	Digit String
	 Culiacan
	  	667	  	52-667
	 Durango
	  	618	  	52-618
	 Encarnacion De Diaz
	  	475	  	52-475
	 Ensenada
	  	646	  	52-646
	 Estación Manuel
	  	836	  	52-836
	 Fresnillo
	  	493	  	52-493
	 General Tapia/China
	  	823	  	52-823
	 Guamuchil
	  	673	  	52-673
	 Guanajuato
	  	473	  	52-473
	 Guasave
	  	687	  	52-687
	 Guaymas
	  	622	  	52-622
	 Guerrero Negro/Santa Rosa
	  	615	  	52-615
	 Hermosillo
	  	662	  	52-662
	 Heroica Ciudad De Ures
	  	623	  	52-623
	 Hidalgo
	  	829	  	52-829
	 Huatabampo
	  	647	  	52-647
	 Huetamo
	  	435	  	52-435
	 Huimanguillo
	  	917	  	52-917
	 Huitzuco
	  	727	  	52-727
	 Iguala
	  	733	  	52-733
	 Irapuato
	  	462	  	52-462
	 Ixtlan Del Rio
	  	324	  	52-324
	 Ixtlan Del Rio
	  	324	  	52-324
	 Izucar De Matamoros
	  	243	  	52-243
	 Jalapa
	  	228	  	52-228
	 Jalpa
	  	463	  	52-463
	 Jerez De Garcia Salinas
	  	494	  	52-494
	 Jojutla
	  	734	  	52-734
	 Juchitan
	  	971	  	52-971
	 La Barca
	  	393	  	52-393
	 La Paz
	  	612	  	52-612
	 La Piedad
	  	352	  	52-352
	 Lagos De Moreno
	  	474	  	52-474
	 Leon
	  	477	  	52-477
	 Lerdo De Tejada
	  	284	  	52-284
	 Lerma
	  	728	  	52-728
	 Linares
	  	821	  	52-821
	 Los Mochis
	  	668	  	52-668
	 Los Reyes
	  	354	  	52-354
	 Magdalena
	  	632	  	52-632

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	30

 Exhibit A to Schedule 1.0 (continued) 
 Mexico - Factor Two Cities 
  

					
	 City
	  	City Code	  	Digit String
	 Manuel Ojinaga
	  	626	  	52-626
	 Manzanillo
	  	314	  	52-314
	 Martinez De La Torre
	  	232	  	52-232
	 Matamoros
	  	868	  	52-868
	 Matehuala
	  	488	  	52-488
	 Mazatlan (including Puebla)
	  	222	  	52-222
	 Merida
	  	999	  	52-999
	 Mexicali
	  	686	  	52-686
	 Minatitlan
	  	922	  	52-922
	 Monclova
	  	866	  	52-866
	 Morelia
	  	443	  	52-443
	 Moroleon
	  	445	  	52-445
	 Nacozari De Garcia
	  	634	  	52-634
	 Navojoa
	  	642	  	52-642
	 Nogales
	  	631	  	52-631
	 Nuevo Casas Grandes
	  	636	  	52-636
	 Nuevo Laredo
	  	867	  	52-867
	 Oaxaca De Juarez
	  	951	  	52-951
	 Ocotlan
	  	392	  	52-392
	 Ometepec
	  	741	  	52-741
	 Orizaba
	  	272	  	52-272
	 Pachuca
	  	771	  	52-771
	 Palenque
	  	916	  	52-916
	 Parral
	  	627	  	52-627
	 Parras De La Fuente
	  	842	  	52-842
	 Patzcuaro
	  	434	  	52-434
	 Penjamo
	  	469	  	52-469
	 Petatlan
	  	758	  	52-758
	 Piedras Negras
	  	878	  	52-878
	 Playas De Rosarito
	  	661	  	52-661
	 Poza Rica De Hgo
	  	782	  	52-782
	 Puerto Peñasco
	  	638	  	52-638
	 Puerto Vallarta
	  	322	  	52-322
	 Puruandiro
	  	438	  	52-438
	 Queretaro
	  	442	  	52-442
	 Quimichis /Tecuala
	  	389	  	52-389
	 Reynosa
	  	899	  	52-899
	 Rio Grande
	  	498	  	52-498
	 Rio Verde
	  	487	  	52-487
	 Sabinas
	  	861	  	52-861

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	31

 Exhibit A to Schedule 1.0 (continued) 
 Mexico - Factor Two Cities 
  

					
	 City
	  	City Code	  	Digit String
	 Sahuayo
	  	353	  	52-353
	 Salamanca
	  	464	  	52-464
	 Saltillo
	  	844	  	52-844
	 Salvatierra
	  	466	  	52-466
	 San Andres Tuxtla
	  	294	  	52-294
	 San Cristobal De Las Casas
	  	967	  	52-967
	 San Fernando
	  	841	  	52-841
	 San Jose De Gracia
	  	381	  	52-381
	 San Juan Del Rio
	  	427	  	52-427
	 San Luis De La Paz
	  	468	  	52-468
	 San Luis Potosi
	  	444	  	52-444
	 San Luis Rio Colorado
	  	653	  	52-653
	 San Martin Pachivia /Teloloapa
	  	736	  	52-736
	 San Miguel De Allende
	  	415	  	52-415
	 San Quintin
	  	616	  	52-616
	 Santa Ana
	  	641	  	52-641
	 Santa Rosalia De Camargo
	  	648	  	52-648
	 Santiago Ixcuintla
	  	323	  	52-323
	 Santiago Papasquiaro
	  	674	  	52-674
	 Santiago Tianguistenco
	  	713	  	52-713
	 Silao
	  	472	  	52-472
	 Tala
	  	384	  	52-384
	 Tampico
	  	833	  	52-833
	 Tapachula
	  	962	  	52-962
	 Taxco
	  	762	  	52-762
	 Tecate
	  	665	  	52-665
	 Tecoman
	  	313	  	52-313
	 Tecpan De Galeana
	  	742	  	52-742
	 Tehuacan
	  	238	  	52-238
	 Tenancingo
	  	714	  	52-714
	 Tenango Del Aire/Tlalmanalco
	  	597	  	52-597
	 Tepatitlan
	  	378	  	52-378
	 Tepic
	  	311	  	52-311
	 Tequila
	  	374	  	52-374
	 Texcoco
	  	595	  	52-595
	 Teziutlan
	  	231	  	52-231
	 Ticul
	  	997	  	52-997
	 Tijuana
	  	664	  	52-664
	 Tizayuca
	  	779	  	52-779

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	32

 Exhibit A to Schedule 1.0 (continued) 
 Mexico - Factor Two Cities 
  

					
	 City
	  	City Code	  	Digit String
	 Tizimin
	  	986	  	52-986
	 Tlapa De Comonfort/Alcozauca De Gro.
	  	757	  	52-757
	 Tlaxcala
	  	246	  	52-246
	 Toluca
	  	722	  	52-722
	 Torreon
	  	871	  	52-871
	 Tula
	  	773	  	52-773
	 Tulancingo
	  	775	  	52-775
	 Tuxpan
	  	783	  	52-783
	 Tuxtepec
	  	287	  	52-287
	 Tuxtla Gutierrez
	  	961	  	52-961
	 Uruapan
	  	452	  	52-452
	 Valle De Bravo
	  	726	  	52-726
	 Veracruz
	  	229	  	52-229
	 Villa Flores
	  	965	  	52-965
	 Villahermosa
	  	993	  	52-993
	 Yurecuaro
	  	356	  	52-356
	 Zacapu
	  	436	  	52-436
	 Zacatecas
	  	492	  	52-492
	 Zamora
	  	351	  	52-351
	 Zihuatanejo
	  	755	  	52-755
	 Zinapecuaro
	  	451	  	52-451
	 Zitacuaro
	  	715	  	52-715
	 Zumpango
	  	591	  	52-591

  

					
		 	Sprint PCS / Virgin Mobile USA Confidential Information	  	33

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