Document:

Exhibit 10.66

 

EMPLOYMENT AGREEMENT

 

This
Employment Agreement, dated as of February 24, 2003 is entered into between
Nextel Partners Operating Corp., a Delaware corporation, Nextel Partners, Inc.,
a Delaware corporation (collectively the “Company”), and Donald J. Manning,
(“Executive”).

 

WHEREAS, the
Company desires to employ Executive and to enter into an agreement embodying
the terms of such employment (the “Agreement”), and Executive desires to accept
such employment and enter into this Agreement.

 

NOW,
THEREFORE, in consideration of the mutual covenants herein contained, the
Company and Executive, intending to be legally bound, hereby agree as follows:

 

1.                                       Employment.

 

(a)  Agreement to Employ.  Upon the terms and subject to the conditions
hereof the Company shall employ Executive as Vice President and General Counsel
of Nextel Partners, Inc. and Nextel Partners Operating Corp. until the
Expiration Date (as defined in Section 1(b)), any date to which this Agreement
shall have been extended pursuant to section 1(b) or any earlier termination of
this Agreement pursuant to the provisions hereof.  Executive’s office shall be located in the Seattle, Washington
metropolitan area.  During the term of
his employment hereunder, Executive will devote substantially all of his
business time to the performance of his duties hereunder.

 

(b)  Employment Period.  Unless earlier terminated pursuant to the
provisions hereof, the initial term of Executive’s employment with the Company
shall be for a period of one year commencing on the date of this Agreement and
continuing until February 24, 2004 (the “Expiration Date”).  The term of this Agreement shall
automatically extend for successive one-year terms commencing on the Expiration
Date unless Executive or the Company’s Board of Directors provides written
notice to the other party at least thirty (30) calendar days prior to the end
of the then current term indicating that the party giving notice does not wish
to extend the Agreement.  In such event,
the Agreement shall terminate at the end of the then current term.

 

2.                                       Responsibility.  Executive shall be responsible for the
establishment, maintenance and operation of all legal and external affairs
functions at the Company and for such other duties commensurate with his
position that may be assigned from time to time by the Chief Executive
Officer.  Executive shall report
directly to the Chief Executive Officer and shall be subject to the overall
supervision of the Chief Executive Officer.

 

 

3.                                       Compensation
and Benefits.

 

(a)  Salary and Bonus.

 

(i)  The Company shall pay Executive a base
salary in the annual amount of $210,000 payable in accordance with the
Company’s normal payroll practices.

 

(ii)  The Company shall (subject to review and
approval by the Compensation Committee of the Board of Directors) establish a
performance based program pursuant to which Executive shall receive, if
performance targets are met, an additional annual cash payment of up to
seventy-five percent (75%) of Executive’s then current base salary (or such
higher amount as the Compensation Committee may approve), and shall offer to
Executive a benefits package equivalent to that provided to the Company’s other
senior executive’s, including, but not limited to, a life insurance policy on
the life of Executive and payable upon death of the Executive to a beneficiary
or beneficiaries designated by Executive, in an amount not less than $500,000.

 

(iii)  For so long as this Agreement is renewed,
the Compensation Committee of the Board of Directors shall each year on or
before the anniversary date of this Agreement review the Executive’s base
salary and bonus payment in light of the performance of Executive and the
Company, and may increase (but not decrease) such base salary and bonus payment
by an amount it determines to be appropriate.

 

(b)  Expenses.  Executive shall maintain his own automobile
and shall carry liability insurance in the minimum amount of $300,000.  The Company shall reimburse Executive
monthly for business use of his automobile at the prevailing IRS rate per
mile.  Executive shall also be
reimbursed monthly for all other reasonable out-of-pocket expenses incurred or
paid by Executive while representing the Company or conducting Company
business.  Executive shall be
responsible for maintaining records reasonably satisfactory to support all
claimed business usage of his automobile and to substantiate all out-of-pocket
expenses incurred for which reimbursement is sought and shall furnish such
records to the Company in accordance with its policies.

 

(c)  Vacation.  Executive shall be entitled to 15 vacation
days each calendar year, any or all of which may be carried over into a new
calendar year, for a maximum accrual of 30 days.  Upon termination of Executive’s services under this Agreement,
Executive will be paid for unused vacation time earned through the last
completed month of service, computed at the rate of ten hours per month.

 

(d)  Indemnification.  The Company shall indemnify and hold
Executive harmless in accordance with the terms of the Company’s certificate of
incorporation and bylaws, in each case as in effect on the date hereof.

 

(e)  D&O Insurance.  The Company shall maintain directors and
officers’ liability insurance coverage covering Executive in amounts customary
for similarly

 

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situated companies in the telecommunications industry and with
reputable insurers.  All such policies
shall provide for coverage to Executive on the same terms and conditions
applicable to the coverage provided under such policies to the Company’s other
directors and officers.

 

4.                                       Nondisclosure
of Proprietary and Confidential Information.

 

(a)  Confidential Information.  Executive agrees to refrain (whether during
or after his employment with the Company) from disclosing or using, except as
permitted by this Agreement, any secrets or confidential information with
respect to the Company or any of the Company’s direct or indirect wholly owned
subsidiaries (collectively the “Covered Entities”), including without
limitation its trade secrets, patents, affairs, business plans, strategic,
commercial or financial information other than information that is or becomes
publicly available through no fault of Executive (the “Confidential
Information”).  Executive may disclose
or communicate only such information as is reasonable required or specifically
approved by the Board of Directors or authorized management personnel of the
Company designated by the Board of Directors in connection with Executive’s
services.  Confidential Information may
be used solely for the benefit of the Company, and Executive shall not make any
other use of such information. 
Executive agrees that all materials relating to the business of any
Covered Entity that are provided or made available to Executive, or created by
Executive, during the course of Executive’s services to the Company shall be
and remain the property of the Company and/or the applicable Covered Entity
(subject to the terms of any separate agreement between the Company and/or its
Parent Companies and the affected Covered Entity), whether or not such
materials constitute or contain Confidential Information, and all copies of
such materials shall be returned to the Company immediately upon the
termination of Executive’s services to the Company.  In the event that the Company notifies the Executive that it has
entered into a confidentiality agreement with a Covered Entity or with any
Affiliate of the Company with respect to confidential information provided to
the Company, the Executive shall comply with such reasonable obligations
thereunder as are applicable to the Executive.

 

(b)  Innovations; Inventions.  Executive hereby sells, transfers and
assigns to the Company all right, title and interest of Executive in and to any
and all inventions, ideas, disclosures and improvements of any kind or nature
whatsoever, whether patented or unpatented, and any and all copyrightable
materials, in either case whether made or conceived in whole or in part by
Executive alone or together with others during the initial term of this
Agreement or any renewal term, that (i) relate to any methods, designs,
products, processes, apparatus, service or devices sold, leased used or under
construction or development by the Company or the Covered Entities, (ii) relate
to the business, functions or operations of the Company or the Covered
Entities, or (iii) arise from, in whole or in part, the efforts of Executive on
behalf of the Company.  Executive will
communicate and disclose to the Company promptly all information, data and
details pertaining to any inventions, ideas, disclosures and improvements
described above, in such form or format as the Company may reasonably
request.  During the term of this
Agreement or any renewal term and thereafter, Executive will execute,
acknowledge or

 

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deliver to the Company (at the Company’s expense) such formal transfers
and assignments and such other papers and documents as may be required of
Executive to permit the Company to file and prosecute any patent applications
the Company desires to file and prosecute relating to any of the foregoing,
and, as to copyrightable material, to obtain copyright thereon.

 

5.                                       Non-Competition;
Non-Solicitation.

 

(a)  In view of the unique value
to the Company of Executive’s services and because of the Confidential
Information to be obtained by or disclosed to Executive as described above,
Executive agrees that, during the term of this Agreement and for a period of
one year thereafter, provided that this Agreement is not terminated by the
Company without Cause or by the Executive for Good Reason:

 

(i)  Executive will not directly or indirectly
assist or become associated with any wireless voice communication service
provider in any business of such provider that competes in any of the markets
of any of the Covered Entities, whether as a principal, partner, employee,
consultant or shareholder (other than as a holder of less than 5% of the
outstanding voting shares of any publicly traded company);

 

(ii)  Executive will not directly or indirectly
solicit for employment or employ any employee of any of the Covered Entities,
unless such solicited person shall have ceased to be employed by any such
entity for a period of at least six months; and

 

(iii)  Executive will not directly or indirectly
solicit business from customers of any of the Covered Entities, provided that
the foregoing shall not restrict Executive or any entity with which Executive
is associated from soliciting or doing business with any customer of any of the
Covered Entities, if such solicitation does not interfere with any business
relationship between such solicited customer and any of the Covered Entities.

 

(b)  If Executive violates any
provision of Section 4 or Section 5(a), the Company shall be entitled to
receive from Executive reimbursement for any and all damages caused by such
breach, provided that Executive shall not be liable for indirect, special,
consequential or punitive damages (it being understood and agreed that this remedy
is in addition to, and not a limitation on, any injunctive relief or other
rights or remedies to which the Company is or may be entitled to at law or in
equity).  Executive acknowledges and
agrees that the Company’s (and as applicable, each Covered Entity’s) remedies
at law for a breach of any provision of Section 4 or Section 5(a) would be
inadequate and, in recognition of this fact, Executive agrees that, in the
event of such a breach, in addition to any remedies at law, the Company and, as
to Section 4, each Covered Entity, without posting any bond, shall be entitled
to obtain equitable relief in the form of specific performance, temporary
restraining order, temporary or permanent injunction or any other equitable
remedy which may then be available.  As
provided in Section 10(i) hereof, the equitable remedies referenced in this
Section 5(b) shall be in addition to, and not in substitution for or exclusion
of, any other remedies available at

 

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law or in equity for any breach of either or both of Sections 4 or
5.  Executive and the Company each
specifically acknowledge and agree that the provisions of Sections 4 and 5 are
for the express benefit of each Covered Entity and that (i) no waiver,
amendment or other modification of Sections 4 or 5 with respect to a Covered
Entity shall be effective unless it has been consented to in writing by such
Covered Entity, and (ii) each such Covered Entity shall be entitled to enforce
the provisions of Section 4 and/or 5 hereof (as appropriate) as fully and with
the same rights and effect as if such Covered Entity were a signatory party to
this Agreement.

 

(c)  If any provisions of
Section 4 or Section 5(a) are held to be invalid or unenforceable, the
remaining provisions shall nevertheless continue to be valid and enforceable as
though the invalid or unenforceable parts had not been included.

 

6.                                       Noncontravention.  The execution, delivery and performance by
Executive of this Agreement does not and will not (i) violate any applicable
law, rule, regulation, judgment, injunction, order or decree or (ii) require
any consent or other action by any person under, constitute a default under
(with due notice or lapse of time or both), or give rise to any right of
termination, cancellation or acceleration of any right or obligation of
Executive or to a loss of any material benefit to which Executive is entitled
under any provision of any agreement or other instrument binding upon
Executive, to the extent that any of the foregoing would have a material
adverse effect on Executive or would prevent or otherwise render unable
Executive to perform his obligations under this Agreement.

 

7.                                       Termination.  This Agreement shall automatically terminate
(and the term of this Agreement shall thereupon terminate) upon the occurrence
of any one of the following events:

 

(a)  Death of Executive.

 

(b)  If Executive shall have
been incapacitated from illness, accident or other disability and unable to
perform his normal duties hereunder for a cumulative period of three months in
any period of six consecutive months, and no reasonable accommodation being
available, upon either party giving the other party not less than 30 days
written notice.

 

(c)  The Expiration Date or the
scheduled expiration date of any renewal or extension thereof in compliance
with Section 1(b).

 

(d)  By the Company for Cause.

 

(e)  By the Executive for Good
Reason.  Upon the occurrence of any
event or the existence of any condition or circumstance constituting Good
Reason, Executive may by notice to the Board of Directors, deem a constructive
termination of this Agreement to have occurred, whereupon Executive shall be
entitled to compensation set forth in Section 8(b).

 

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(f) Upon not less than 30 days written notice from Executive to the
Company of his voluntary resignation; provided that such voluntary resignation
shall not relieve or release Executive from any breach of this Agreement at or
prior to the time of such resignation.

 

8.                                       Effect
of Termination.

 

(a)  Upon termination of this
Agreement pursuant to Sections 7(a), (b), (c), (d) or (f), the Company shall
compensate Executive (or, in the event of Executive’s death, his surviving
spouse, if any, or his estate), for (x) accrued but unused vacation time, (y)
any base salary earned, but unpaid, for services rendered to the Company on or
prior to the date of termination and (z) amounts which the Executive is
otherwise entitled to receive under the terms of or in accordance with any plan,
policy, practice or program of, or contract or agreement with the Company, as
in effect immediately prior to the date of such termination, at or subsequent
to the date of termination without regard to the performance by Executive of
further services or the resolution of any contingency, but subject to any and
all rights, remedies and claims of the Company against Executive.

 

(b)  If Executive resigns for
Good Reason or his employment with the Company is terminated without Cause, the
Company shall thereupon pay Executive the following amounts as severance
benefits: (i) all amounts payable pursuant to Section 8(a), and (ii) a lump sum
equal to one year’s base salary hereunder plus an amount equal to the most
recent annual bonus, if any, received by Executive pursuant to Section
3(a)(ii).

 

9.                                       Definitions.  As used herein, the following terms shall
have the following meanings set forth below:

 

“Cause” means (i) Executive’s conviction of a felony evidencing
criminal dishonesty or moral turpitude, (ii) a willful and material breach of
Executive’s duty of loyalty to the Company or (iii) after 20 business days
following Executive’s receipt of written notice from the Company specifying the
particulars in reasonable detail, Executive’s failure to Comply with or to
cure, as applicable (A) a willful and material refusal to comply with specific
written directions of the Board of Directors (or specific written directions of
the Chief Executive Officer) consistent with Executive’s employment agreement
with the Company or any of their respective subsidiaries and capable of being
performed by him or (B) a willful and material breach of Executive’s duty of
due care to the Company.

 

“Good Reason” means (i) a material adverse change in Executive’s
duties, responsibilities or reporting relationships, (ii) a relocation of
Executive’s principal office to a location more than 30 miles away from his
then current office, (iii) a reduction of salary not agreed to by Executive, or
a material diminution of other employee benefits (other than any change in
employee benefits approved by the Board and implemented in a non-discriminatory
fashion with respect to all participating employees), or any other material
adverse change in his working conditions, and (iv) a material breach by the

 

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Company of other obligations under Executive’s employment agreement
with the Company or a subsidiary of the Company that are not cured after 20
business days following the Company’s receipt of a written notification from
Executive specifying the particulars in reasonable detail.

 

“Shareholders’ Agreement” means that certain Amended and Restated
Shareholders’ Agreement dated as of February 18, 2000 among Nextel Partners,
Inc. and the shareholders named therein, as such agreement may be amended and
modified from time to time.

 

10.                                 Miscellaneous.

 

(a)  Merger; Amendment.  This Agreement constitutes the entire
agreement between the parties with respect to the subject matter hereof, and
may be changed, extended or modified only by an agreement in writing signed by
the parties.

 

(b)  Assignment.  The rights and obligations of the Company in
this Agreement shall inure to its benefit and be binding upon its successors in
interest (whether by merger, consolidation, reorganization, sale of stock or
assets or otherwise), provided that Executive shall not remain bound by this
Agreement unless such successor assumes all of the obligations of the Company
hereunder.  This Agreement shall also
inure to the benefit of Executive’s heirs, executors, administrators and legal
representatives.  This Agreement, being
for the personal services of Executive, shall not be assignable by Executive.

 

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

 

(d)  Arbitration.  Except as otherwise provided herein, any
controversies or claims arising out of, or relating to this Agreement or the
breach thereof, shall be settled by arbitration in accordance with the
commercial rules of the American Arbitration Association, which decision shall
be final and binding on the parties, and judgment upon the award rendered shall
be entered in any court having jurisdiction thereof.  Any party may demand such arbitration in accordance with the
procedures set out in those rules.  The
arbitration shall be conducted in Seattle, Washington, or such other location
as may be mutually agreed upon by the parties. 
The arbitrator shall not award special, consequential, or punitive
damages.  In the event of any
arbitration proceeding hereunder, the Company will (x) pay the fees and
expenses of the arbitrator and (y) advance the Executive’s documented out-of-pocket
costs (including reasonable counsel fees and expenses) on a current basis,
provided, that if Executive is determined not to be the substantially
prevailing party on the matters submitted for arbitration (which determination
shall be made by the arbitrator and included in his or her decision), Executive
will promptly reimburse the Company for any expenses so advanced.  Executive acknowledges that the Company is
agreeing to make advances to him pursuant to the preceding sentence in
consideration of his agreement to reimburse the Company

 

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for any such advances to the extent required by the preceding
sentence.  The Company will in all
events pay its own costs (including counsel fees and expenses) in connection
with any arbitration proceeding hereunder.

 

(e)  Notices.  All notices given hereunder shall be in
writing and shall be deemed to have been duly given and received (i) when
delivered personally, with receipt acknowledged in writing by the recipient,
(ii) on the tenth business day after being sent by registered or certified mail
(postage paid, return receipt requested), (iii) one business day after being
sent by a reputable overnight delivery service, postage or delivery charges
prepaid, or (iv) on the date on which a facsimile is transmitted, in each case
to the parties at their respective addresses stated below; provided, that if
the intended recipient of any notice hereunder refuses to acknowledge receipt
thereof in writing, such notice shall be deemed to have been given on the date
of such refusal.  Any party may change
its address for notice by giving notice of the new address to the other party
in accordance with the provisions of this paragraph.

 

If to the Company:

 

Nextel Partners, Inc.

4500 Carillon Point

Kirkland, WA 98033

Attention: General Counsel

Facsimile: 425-576-3666

 

If to Executive:

 

Donald J. Manning

4500 Carillon Point

Kirkland, WA 98033

Facsimile: 425-576-3666

 

And to:

 

Donald J. Manning

721 18th Avenue E

Seattle, WA 98112

 

(f)  Severability.  The invalidity or unenforceability of any
particular provision of this Agreement shall not affect the other provisions
hereof, and the Agreement shall be construed in all respects as though such
invalid or unenforceable provision were omitted.

 

(g)  Survival.  The provisions of Sections 3(d), 4, 5, 8 and
10 shall survive any termination of this Agreement.

 

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(h)  Governing Law.  This Agreement shall be interpreted
according to the internal laws of the State of Washington, without regard to
choice of law rules that would result in the application of the laws of another
state.

 

(i)  Remedies Cumulative.  All rights, powers and remedies provided
under this Agreement or otherwise available in respect hereof at law or in
equity shall be cumulative and not alternative, and the exercise or the
beginning of the exercise of any thereof by any party shall not preclude the
simultaneous or later exercise of any other such right, power or remedy by such
party.

 

(j)  Waiver of Jury Trial.  EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY.

 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

 

	
   

  	
   

  	
   

  	
   

  	
  NEXTEL PARTNERS OPERATING CORP.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By: 

  	
  /s/ John Chapple

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  President, Chief Executive Officer and

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Chairman of the Board

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  NEXTEL PARTNERS, INC.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By: 

  	
  /s/ John Chapple

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  President, Chief Executive Officer and

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Chairman of the Board

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  /s/ Donald J. Manning

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Donald J. Manning

  	
   

  
									

 

9Exhibit 10.67

 

AMENDMENT NO. 4 TO CREDIT AGREEMENT AND

PARENT GUARANTY AND PLEDGE AGREEMENT

 

THIS AMENDMENT NO.
4 TO CREDIT AGREEMENT AND PARENT GUARANTY AND PLEDGE AGREEMENT (this “Amendment
No. 4”), dated as of April 17, 2003, among NEXTEL PARTNERS, INC., a
Delaware corporation (the “Parent”), NEXTEL PARTNERS OPERATING CORP., a
Delaware corporation (the “Borrower”), each of the entities identified
as Consenting Obligors on the signature pages hereto (collectively, the “Consenting
Obligors”), the various financial institutions from time to time parties to
the Credit Agreement (as defined below) as lenders (collectively, the “Lenders”),
CREDIT SUISSE FIRST BOSTON, as syndication agent (the “Syndication Agent”)
for the Lenders, THE BANK OF NEW YORK, as documentation agent (the “Documentation
Agent”) for the Lenders, and BANK OF MONTREAL, as administrative agent (the
“Administrative Agent”) for the Lenders (the Syndication Agent and the
Administrative Agent are collectively referred to herein as the “Agents”
and each as an “Agent”).

W I T N E S S E T H:

 

WHEREAS, the
Borrower, the Lenders, the Syndication Agent, the Documentation Agent and the
Administrative Agent are parties to an Amended and Restated Credit Agreement,
dated as of September 9, 1999 (as heretofore modified and supplemented and in
effect as of the date hereof, the “Credit Agreement”);

 

WHEREAS, the
Parent and the Administrative Agent are parties to the Parent Guaranty and
Pledge Agreement, dated as of January 29, 1999 (as heretofore modified and supplemented
and in effect as of the date hereof, the “Parent Guaranty and Pledge
Agreement”);

 

WHEREAS, the
Parent has, prior to the date hereof, issued the Senior Notes, the New Senior
Notes, the Additional Senior Notes, and the Supplemental Senior Notes;

 

WHEREAS, the
Parent desires, from time to time, to issue additional unsecured Debt, subject
to the terms and conditions of the Credit Agreement and the Parent Guaranty and
Pledge Agreement (each as amended hereby);

 

WHEREAS, all Loans
and Obligations shall continue to be and shall be fully guaranteed by the
Parent Guaranty and Pledge Agreement and the Subsidiary Guaranty and fully
secured by, among other things, the Parent Guaranty and Pledge Agreement, the
Borrower Security and Pledge Agreement and the Subsidiary Security and Pledge
Agreement; and

 

WHEREAS, each of
Parent and the Borrower desires, and each of the Required Lenders parties
hereto are willing, upon the terms and conditions hereinafter set forth, to
amend the Credit Agreement and the Parent Guaranty and Pledge Agreement as set
forth herein;

 

NOW, THEREFORE, in
consideration of the agreements herein contained, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

 

 

PART I

 

DEFINITIONS

 

SUBPART 1.1.  Certain
Definitions.  Unless otherwise
defined herein or the context otherwise requires, terms used in this Amendment
No. 4, including its preamble and recitals, have the following meanings (such
meanings to be equally applicable to the singular and plural forms thereof):

 

“Administrative Agent” is defined in the preamble.

 

“Agent” and “Agents” are defined in the preamble.

 

“Amendment No. 4” is defined in the preamble.

 

“Amendment No. 4 Effective Date” is defined in Subpart 5.1.

 

“Borrower” is defined in the preamble.

 

“Consenting Obligors” means each of the entities identified as
such on the signature pages hereof.

 

“Credit Agreement” is defined in the first recital.

 

“Lenders” is defined in the preamble.

 

“Parent” is defined in the preamble.

 

“Parent Guaranty and Pledge Agreement” is defined in the second
recital.

 

“Syndication Agent” is defined in the preamble.

 

SUBPART 1.2.  Other
Definitions.  Unless otherwise
defined herein or the context otherwise requires, terms used in this Amendment
No. 4, including its preamble and recitals, have the meanings ascribed thereto
in the Credit Agreement.  Each reference
to “hereof”, “hereunder”, “herein” and “hereby” and each other similar
reference and each reference to “this Agreement” and each other similar
reference contained in the Credit Agreement, the Parent Guaranty and Pledge
Agreement or any other Loan Document, as the case may be, shall from and after
the Amendment No. 4 Effective Date refer to the Credit Agreement or the Parent
Guaranty and Pledge Agreement, as the case may be, as amended hereby.

 

PART II

 

AMENDMENTS TO CREDIT AGREEMENT

 

Effective on (and
subject to the occurrence of) the Amendment No. 4 Effective Date, the
Credit Agreement is hereby amended in accordance with this Part II.  Except to the extent amended by this
Amendment No. 4, the Credit Agreement is and shall continue to be in full
force and effect and is hereby ratified and confirmed in all respects.

 

2

 

SUBPART 2.1.  Amendments to Article I.  Article I of the Credit Agreement is amended as set forth in this
Subpart 2.1.

 

(a) 
The following new definitions are added to Section 1.1 of the Credit
Agreement in their appropriate alphabetical order:

 

“Amendment No. 4” means Amendment
No. 4 to Credit Agreement and Parent Guaranty and Pledge Agreement, dated as of
March    , 2003, among the Parent, the Borrower, the Consenting
Obligors, the Lenders, the Syndication Agent, the Documentation Agent and the
Administrative Agent.

 

“Amendment No. 4 Effective Date” shall
have the meaning set forth in Subpart 5.1 of Amendment No. 4.

 

“Additional Parent Debt” means
unsecured Debt of the Parent (other than any Debt in respect of the Existing
Senior Notes) issued on or after the Amendment No. 4 Effective Date, in
accordance with the terms and conditions set forth in clause (c) of Section
5.9 of the Parent Guaranty and Pledge Agreement.

 

“Existing Senior Notes” means,
collectively the Senior Notes, the Senior Discount Notes, the New Senior Notes,
the Additional Senior Notes and the Supplemental Senior Notes.

 

“Permitted Parent Debt” means all Debt
in respect of the Existing Senior Notes, all Additional Parent Debt and all
permitted exchanges, refinancings, restructurings, amendments, supplements or
other modifications thereto.

 

(b) 
The definition of “Net Debt Proceeds” contained in Section 1.1 of the
Credit Agreement is amended to replace the parenthetical text contained in the
second through fifth lines thereof with the following parenthetical text:

 

“(other than Debt incurred as part of the Transaction or the Option
Capitalization Transaction, other Debt permitted by Section 7.2.2, and
any proceeds of any Permitted Parent Debt contributed by the Parent to the Borrower),”.

 

(c) 
The definition of “Senior Debt” contained in Section 1.1 of the Credit
Agreement is amended to in its entirety to read as follows:

 

“Senior Debt” means all Indebtedness of the Parent and its
Subsidiaries on a consolidated basis, other than any Indebtedness constituting
Permitted Parent Debt.”

 

(d) 
The definition of “Transaction Documents” contained in Section 1.1 of
the Credit Agreement is amended to:

 

“Transaction Documents” means each of the Nextel Operating
Agreements, the Subscription and Contribution Agreement, the Restricted

 

3

 

Stock Purchase Agreement, the Shareholders’ Agreement, the Restated
Certificate of Incorporation and all other material agreements, documents,
instruments, certificates, filings, consents, approvals, board of directors
resolutions and opinions furnished to or in connection with the Nextel
Contribution, the Motorola Contribution, the Investors Contribution, the Senior
Discount Note Issuance, the New Senior Notes Issuance, the Additional Senior
Notes Issuance, the Supplemental Senior Notes Issuance, the issuance of any
other Permitted Parent Debt, the Borrower Equity Contributions and the
transactions contemplated thereby and hereby, each as amended, supplemented, amended
and restated or otherwise modified from time to time as permitted in accordance
with the terms hereof or any other Loan Document.

 

SUBPART 2.2.  Amendments to Article VII.  Article VII of the Credit Agreement is amended as set forth in
this Subpart 2.2.

 

(a)  Section 7.2.6 of the Credit
Agreement is amended in its entirety to read as follows:

 

SECTION 7.2.6.  Restricted Payments, etc.  On and at all times after the Closing Date,
the Borrower will not, and will not permit any of its Subsidiaries to, directly
or indirectly, declare, pay or make any dividend, distribution or exchange (in
cash, property or obligations) or other payment on or in respect of any Senior
Notes, any New Senior Notes, any Additional Senior Notes, any Supplemental
Senior Notes or any other Permitted Parent Debt, any shares of Preferred Stock
of the Parent or any shares of any class of Capital Stock (now or hereafter
outstanding) of the Borrower or on any warrants, options or other rights with
respect to any shares of any class of Capital Stock (now or hereafter
outstanding) of the Borrower (other than (i) dividends or distributions payable
in common stock or warrants to purchase its common stock, (ii) splits or
reclassifications of its Capital Stock into additional or other shares of a
similar class of its Capital Stock (provided that such other class of
Capital Stock (x) is not (by its terms, by the terms of any security into which
it is convertible or exchangeable or otherwise) redeemable, at the option of
the holder thereof, on or prior to February 8, 2010 or convertible or
exchangeable for debt securities and (y) does not require the payment of
dividends in cash) and (iii) in the case of Preferred Stock, dividends or
distributions payable in additional Preferred Stock) or apply, or permit any of
its Subsidiaries to apply, any of its funds, property or assets to the payment,
purchase, redemption, exchange, sinking fund or other retirement of, or agree
or permit any of its Subsidiaries to pay, purchase, redeem or exchange, any
Senior Notes, any New Senior Notes, any Additional Senior Notes, any
Supplemental Senior Notes or any other Permitted Parent Debt, or any shares of
Preferred Stock of the Parent or any shares of any class of Capital Stock (now
or hereafter outstanding) of the Borrower, or warrants, options or other rights
with respect to any shares of Preferred Stock of the Parent or any shares of
any class of Capital Stock (now or hereafter outstanding) of the Borrower (the
foregoing

 

4

 

prohibited acts are herein collectively referred to as “Restricted
Payments”); provided, however, that notwithstanding the
foregoing provisions,

 

(a)  so long as (A) no Default shall have
occurred and be continuing on the date such Restricted Payment is declared or
to be made, nor would a Default result from the making of such Restricted
Payment, (B) after giving effect to the making of such Restricted Payment
the Parent and its Subsidiaries shall be in pro  forma compliance
with the covenants set forth in Section 7.2.4 for the most recent
full Fiscal Quarter immediately preceding the date of the payment of such
Restricted Payment for which relevant financial information has been delivered
pursuant to clause (a) or (b) of Section 7.1.1, and
(C) an Authorized Officer of the Borrower shall have delivered a
certificate to the Agents in form and substance satisfactory to the Agents
(including a calculation of compliance with the covenants set forth in Section 7.2.4)
certifying as to the accuracy of clauses (A) and (B) above, the
Borrower shall be permitted to pay cash dividends to the Parent to the extent
necessary to enable the Parent to

 

(i)  repurchase, redeem or otherwise acquire or
retire for value any common stock of the Parent, or any warrant, option or
other right to acquire common stock of the Parent, from former employees or
directors of the Parent or any Subsidiary for consideration not to exceed
(x) $500,000 in the aggregate in any Fiscal Year (with unused amounts in
any Fiscal Year being carried forward to subsequent Fiscal Years), and
(y) in the case of any Itemized Executive, $2,000,000 per Itemized
Executive (plus the amount of any proceeds of any key man life insurance
received by the Borrower or any Subsidiary in respect of such Itemized Executive)
in any Fiscal Year up to an aggregate amount not to exceed $5,000,000 in any
Fiscal Year; provided, that the aggregate amount of all such repurchases
made pursuant to this clause (i) shall not exceed $17,000,000 over the
term of this Agreement (excluding the amount of any proceeds of any key man
life insurance received by the Borrower or any Subsidiary in respect of any
Itemized Executive);

 

(ii)  pay cash interest on the Permitted Parent
Debt in an aggregate amount which, after giving effect to such payment, would
not exceed $139,000,000 for the 12-month period immediately preceding such
payment; and

 

(b)  the Borrower shall be permitted to make
Restricted Payments to the Parent in amounts required for the Parent to pay
when due income and franchise taxes and other fees and expenses required to
maintain its corporate existence and satisfy its reporting and financial
obligations and to pay out-of-pocket costs, operating expenses and other
amounts required to be paid by the Parent during such Fiscal Year.

 

(b) 
Section 7.2.10 of the Credit Agreement is amended in its entirety to
read as follows:

 

5

 

SECTION 7.2.10.  Modification of Certain Agreements.  Without the prior written consent of the
Required Lenders, the Borrower will not, and will not permit any of its
Subsidiaries to, consent to any amendment, supplement, amendment and
restatement, waiver or other modification of any of the terms or provisions
contained in, or applicable to, the Preferred Stock (or any charter provisions
relating thereto), any Senior Discount Notes or any Permitted Parent Debt
(including any agreement or indenture related thereto or to the issuance of any
such Senior Discount Notes or any such Permitted Parent Debt) or any Transaction
Document or any schedules, exhibits or agreements related thereto, in each case
which would (i) adversely affect the rights or remedies of the Lenders or
the Borrower’s or any other Obligor’s legal ability or legal right or power to
perform its respective material obligations hereunder or under any Loan
Document to which it is a party, (ii) decrease the amount of Committed
Equity contributed in respect of the Transaction or (iii) increase the
Borrower’s or any of its Subsidiaries’ obligations or liabilities, contingent
or otherwise and such increase could reasonably be expected to have a Material
Adverse Effect.

 

PART III

 

AMENDMENTS TO PARENT GUARANTY

AND PLEDGE AGREEMENT; CONSENT

 

Effective on (and
subject to the occurrence of) the Amendment No. 4 Effective Date, the Parent
Guaranty and Pledge Agreement is hereby amended in accordance with this Part
III.  Except to the extent amended
by this Amendment No. 4, the Parent Guaranty and Pledge Agreement is and shall
continue to be in full force and effect and is hereby ratified and confirmed in
all respects.

 

SUBPART 3.1.  Amendments, etc. to Article V.  Article V of the Parent Guaranty and Pledge Agreement is amended
as set forth in this Subpart 3.1.

 

(a)  Amendments
to Section 5.9.  Section 5.9 of the
Parent Guaranty and Pledge Agreement is amended in its entirety to read as
follows:

 

SECTION 5.9. 
Indebtedness.  The Parent
will not create, incur, assume or suffer to exist or otherwise become or be
liable in respect of any Indebtedness, other than, without duplication, the
following:

 

(a) 
Indebtedness in respect of (i) the Senior Notes and the New Senior Notes
and (ii) the Additional Senior Notes; provided, that,

 

(A) 
the aggregate outstanding principal amount of Indebtedness evidenced by
the Additional Senior Notes shall not exceed $200,000,000 at any time
outstanding and the Additional Senior Notes Issuance shall have occurred not
later than the one-year anniversary of the Amendment No. 1 Effective Date;

 

6

 

(B) 
the Agents shall have received (with copies for each Lender that shall
have expressly requested copies thereof) a fully-executed copy of the
Additional Senior Notes Indenture, and all certificates, opinions and other
documents delivered thereunder, pursuant to which the Additional Senior Notes
shall have been issued upon terms and conditions (including as to pricing,
maturity and covenants) substantially similar to those contained in the New
Senior Notes Indenture and in form and substance satisfactory to the Agents;

 

(C) 
no Default shall have occurred and be continuing on the date of the
Additional Senior Notes Issuance, nor would a Default result from the
Additional Senior Notes Issuance;

 

(D) 
after giving effect to the Additional Senior Notes Issuance, the Parent
and its Subsidiaries shall be in pro  forma compliance with the
covenants set forth in Section 7.2.4 of the Credit Agreement for the most
recent full Fiscal Quarter immediately preceding the date of the Additional
Senior Notes Issuance for which relevant financial information has been
delivered pursuant to clause (a) or (b) of Section 7.1.1 of the Credit
Agreement;

 

(E) 
all Net Debt Proceeds received by the Parent from the Additional Senior
Notes Issuance shall be applied by the Parent to finance Capital Expenditures
associated with the Network Build-out and ongoing working capital and general
corporate needs of the Borrower and its Subsidiaries or to redeem, repurchase
or exchange all or part of the Senior Discount Notes; and

 

(F) an Authorized Officer of the Parent shall
have delivered a certificate to the Agents in form and substance satisfactory
to the Agents (including calculation of compliance with the covenants set forth
in Section 7.2.4 of the Credit Agreement) certifying as to the accuracy of  clauses (A) through (E) above; and

 

(b) 
Indebtedness in respect of the Supplemental Senior Notes; provided,
that,

 

(A) 
the aggregate outstanding principal amount of Indebtedness evidenced by
the Supplemental Senior Notes shall not exceed $400,000,000 at any time
outstanding and the Supplemental Senior Notes Issuance shall have occurred not
later than the one-year anniversary of the Amendment No. 2 Effective Date;

 

(B) 
the Agents shall have received (with copies for each Lender that shall
have expressly requested copies thereof) a fully-executed copy of the
Supplemental Senior Notes Indenture, and all certificates, opinions and other
documents delivered thereunder, pursuant to which the

 

7

 

Supplemental Senior Notes shall have been issued upon terms and
conditions (including as to pricing, maturity and covenants) substantially
similar to those contained in the New Senior Notes Indenture and in form and
substance satisfactory to the Agents;

 

(C)  no
Default shall have occurred and be continuing on the date of the Supplemental
Senior Notes Issuance, nor would a Default result from the Supplemental Senior
Notes Issuance;

 

(D) 
after giving effect to the Supplemental Senior Notes Issuance, the
Parent and its Subsidiaries shall be in pro  forma compliance with
the covenants set forth in Section 7.2.4 of the Credit Agreement for the most
recent full Fiscal Quarter immediately preceding the date of the Supplemental
Senior Notes Issuance for which relevant financial information has been
delivered pursuant to clause (a) or (b) of Section 7.1.1 of the Credit
Agreement;

 

(E) 
all Net Debt Proceeds received by the Parent from the Supplemental
Senior Notes Issuance shall be applied by the Parent to finance Capital
Expenditures associated with the Network Build-out and ongoing working capital
and general corporate needs of the Borrower and its Subsidiaries; and

 

(F) 
an Authorized Officer of the Parent shall have delivered a certificate
to the Agents in form and substance satisfactory to the Agents (including
calculation of compliance with the covenants set forth in Section 7.2.4 of the
Credit Agreement) certifying as to the accuracy of clauses (A) through (E)
above; and”

 

(c) 
Indebtedness in respect of Additional Parent Debt; provided, that,

 

(A) 
no Additional Parent Debt shall be issued prior to the Amendment No. 4
Effective Date;

 

(B) 
the Agents shall have received (with copies for each Lender that shall
have expressly requested copies thereof) a fully-executed copy of the indenture
(or similar document) related to the issuance of any such Additional Parent
Debt, and all certificates, opinions and other documents delivered thereunder,
pursuant to which any such Additional Parent Debt shall have been issued; provided
that such Additional Parent Debt (i) shall have a “bullet” final maturity
date not earlier than 30 days following the latest Stated Maturity Date for
Loans under the Credit Agreement (as in effect on the Amendment No. 4 Effective
Date), (ii) shall not be subject to any prepayment or amortization
requirements (including sinking fund or similar arrangements) prior to such
final maturity date, and (iii) shall be unsecured;

 

8

 

(C) 
no Default shall have occurred and be continuing on the date of the
issuance of any such Additional Parent Debt, nor would a Default result from
the issuance of any such Additional Parent Debt;

 

(D) 
after giving effect to the issuance of any such Additional Parent Debt,
the Parent and its Subsidiaries shall be in pro  forma compliance
with the covenants set forth in Section 7.2.4 of the Credit Agreement for the
most recent full Fiscal Quarter immediately preceding the date of such issuance
for which relevant financial information has been delivered pursuant to clause
(a) or (b) of Section 7.1.1 of the Credit Agreement;

 

(E) 
all Net Debt Proceeds received by the Parent in respect of the
Additional Parent Debt shall be used by the Parent for general corporate
purposes of the Parent and its Subsidiaries, including, working capital needs
and the refinancing of Permitted Parent Debt; and

 

(F) 
an Authorized Officer of the Parent shall have delivered a certificate
to the Agents in form and substance satisfactory to the Agents (including calculation
of compliance with the covenants set forth in Section 7.2.4 of the Credit
Agreement) certifying as to the accuracy of clauses (A) through (E)
above, and

 

(d) 
unsecured Indebtedness incurred by the Parent in the ordinary course of
business as permitted by Section 5.8.

 

(b)  Consent
to Additional Parent Debt.  By their
signatures below, each of the Lenders consents, subject to the terms and
conditions set forth in this Amendment No. 4, the Credit Agreement and the
Parent Guaranty and Pledge Agreement (each as modified by this Amendment No.
4), to the issuance of the Additional Parent Debt and the incurrence of the
Indebtedness in respect thereof; provided, however, that all of
the Net Debt Proceeds received by the Parent from the issuance of the Additional
Parent Debt shall be applied by the Parent for the purposes set forth in clause
(c)(E) of Section 5.9 of the Parent Guaranty and Pledge Agreement (after giving
effect to this Amendment No. 4).

 

PART IV

 

AFFIRMATION AND CONSENT

 

SUBPART 4.1.  Acknowledgment
and Reaffirmation.  Each of the
Parent and the Consenting Obligors hereby acknowledges the amendments to the
Credit Agreement and the Parent Guaranty and Pledge Agreement pursuant to the
terms and provisions set forth in this Amendment No. 4.  Each of the Parent and the Consenting
Obligors hereby reaffirms, as of the Amendment No. 4 Effective Date,
(i) the covenants and agreements contained in each Loan Document to which
it is a party, including, in each case, as such covenants and agreements may be
modified by this Amendment No. 4 and the transactions contemplated hereby, and
(ii) its guarantee of payment of, and grant of security interest to
secure, all Obligations under the Credit

 

9

 

Agreement, the Notes and each other Loan Document pursuant to the
Security Documents to which the Parent or such Consenting Obligor is a party.

 

SUBPART 4.2.  Representations
and Warranties, etc.  Each of the
Parent and the Consenting Obligors hereby certifies that, as of the date hereof
(both before and after giving effect to the occurrence of the Amendment No. 4
Effective Date), the representations and warranties made by it contained in the
Loan Documents to which it is a party are true and correct in all material respects
with the same effect as if made on the date hereof (unless stated to relate
solely to an earlier date, in which case such representations and warranties
were true and correct in all material respects as of such earlier date).

 

SUBPART 4.3.  Loan Documents.  Each of the Parent and the Consenting
Obligors further confirms that each Loan Document to which it is a party is and
shall continue to be in full force and effect and the same is hereby ratified
and confirmed in all respects, except that upon the occurrence of the Amendment
No. 4 Effective Date, all references in such Loan Documents to the “Credit
Agreement”, “Parent Guaranty and Pledge Agreement”, “Loan Documents”,
“thereunder”, “thereof”, or words of similar import shall mean the Credit
Agreement, the Parent Guaranty and Pledge Agreement and the Loan Documents, as
the case may be, in each case after giving effect to the amendments and other
modifications provided for in this Amendment No. 4.

 

SUBPART 4.4.  Course of
Dealing, etc.  Each of the Parent
and the Consenting Obligors hereby acknowledges and agrees that the acceptance
by the Agents and each Lender of this document shall not be construed in any
manner to establish any course of dealing on the Agent’s or Lender’s part,
including the providing of any notice or the requesting of any acknowledgment
not otherwise expressly provided for in any Loan Document with respect to any
future amendment, waiver, supplement or other modification to any Loan Document
or any arrangement contemplated by any Loan Document.

 

PART V

 

CONDITIONS TO EFFECTIVENESS

 

SUBPART 5.1.  Effective
Date.  This Amendment No. 4 shall be
and become effective upon the prior or concurrent satisfaction of each of
the conditions precedent set forth in this Subpart 5.1 (the “Amendment
No. 4 Effective Date”).

 

SUBPART 5.1.1. Execution
of Counterparts.  The Agents shall
have received counterparts of this Amendment No. 4 duly executed by the Parent,
the Borrower, the Consenting Obligors and the Required Lenders (or evidence
thereof satisfactory to the Agents). 
The delivery of an executed counterpart hereof by the Parent and the
Borrower shall constitute a representation and warranty by the Borrower that,
on the Amendment No. 4 Effective Date, after giving effect to this Amendment
No. 4, all statements set forth in Article VI of the Credit Agreement, as
amended by this Amendment No. 4, are true and correct as of such date (unless
stated to relate solely to an earlier date, in which case such representation
and warranty were true and correct in all material respects as of such earlier
date).

 

SUBPART 5.1.2. Resolutions,
etc.  The Agents shall have received
from the Parent, the Borrower and each Consenting Obligor, as applicable, (i) a
copy of a good standing certificate,

 

10

 

dated a date reasonably close to the Amendment No. 4 Effective Date,
for each such Person and (ii) a certificate, dated the Amendment No. 4
Effective Date and with counterparts for each Lender, duly executed and
delivered by such Person’s Secretary or Assistant Secretary as to

 

(a) resolutions of each such Person’s board
of directors then in full force and effect authorizing, to the extent relevant,
the execution, delivery and performance of Amendment No. 4 and each other Loan
Document to be executed by such Person and the transactions contemplated hereby
and thereby;

 

(b) the incumbency and signatures of those of
its officers or managing members authorized to act with respect to Amendment
No. 4 and each other Loan Document to be executed by such Person; and

 

(c) the full force and validity of each
Organic Document of such Person and copies thereof,

 

upon which
certificates each Agent and each Lender may conclusively rely until it shall
have received a further certificate of the Secretary, Assistant Secretary or
other duly authorized representative of any such Person canceling or amending
the prior certificate of such Person.

 

SUBPART
5.1.3.  Opinion of Counsel.  The Agents shall have received an opinion,
dated the Amendment No. 4 Effective Date and addressed to the Agents and all
Lenders from Davis Wright Tremaine LLP, New York counsel to the Parent, the
Borrower and each of the Consenting Obligors, satisfactory in form and
substance to the Syndication Agent and its counsel.  Such legal opinion shall cover such matters incident to the
transactions contemplated by Amendment No. 4 as the Syndication Agent may
reasonably require.

 

SUBPART
5.1.4.  Payment of Fees and Expenses.  The Administrative Agent shall have
received, for the account of each Lender which shall have delivered to the
Agents a duly executed counterpart of this Amendment No. 4 by March 21, 2003,
an amendment fee in the amount of .10% of such Lender’s Loans and
Commitments.  In addition, the Borrower
hereby agrees to pay and reimburse the Syndication Agent for all its reasonable
fees and expenses incurred in connection with the negotiation, preparation,
execution and delivery of this Amendment No. 4 and related documents, including
all reasonable fees and disbursements of counsel to the Syndication Agent.

 

SUBPART
5.1.5.  Satisfactory Legal Form.  The Syndication Agent and its counsel shall
have received all information, and such counterpart originals or such certified
or other copies of such materials, as the Syndication Agent or its counsel may
reasonably request, and all legal matters incident to the effectiveness of this
Amendment No. 4 shall be satisfactory to the Syndication Agent and its
counsel.  All documents executed or
submitted pursuant hereto or in connection herewith shall be reasonably
satisfactory in form and substance to the Syndication Agent and its counsel.

 

SUBPART 5.2.  Limitation.  Except as expressly provided hereby, all of
the representations, warranties, terms, covenants and conditions of the Credit
Agreement, the Parent Guaranty and Pledge Agreement and each other Loan
Document shall remain unamended and unwaived and shall continue to be, and
shall remain, in full force and effect in accordance with

 

11

 

their respective terms.  The
amendments, modifications and consents set forth herein shall be limited
precisely as provided for herein, and shall not be deemed to be a waiver of,
amendment of, consent to or modification of any other term or provision of the
Credit Agreement or the Parent Guaranty and Pledge Agreement or of any term or
provision of any other Loan Document or other instrument referred to therein or
herein, or of any transaction or further or future action on the part of the
Parent, the Borrower or any other Person which would require the consent of the
Agents or any of the Lenders under the Credit Agreement, the Parent Guaranty
and Pledge Agreement or any such other Loan Document or instrument.

 

PART VI

 

MISCELLANEOUS

 

SUBPART 6.1.  Cross-References.  References in this Amendment No. 4 to any
Part or Subpart are, unless otherwise specified, to such Part or Subpart of
this Amendment No. 4.  References in
this Amendment No. 4 to any Article or Section are, unless otherwise specified,
to such Article or Section of the Credit Agreement or the Parent Guaranty and
Pledge Agreement, as the case may be.

 

SUBPART 6.2.  Loan
Document.  This Amendment No. 4 is a
Loan Document executed pursuant to the Credit Agreement and shall (unless
otherwise expressly indicated therein) be construed, administered and applied
in accordance with the terms and provisions of the Credit Agreement, as amended
hereby, including Article X of the Credit Agreement.

 

SUBPART 6.3.  Counterparts,
etc.  This Amendment No. 4 may be
executed by the parties hereto in several counterparts, each of which shall be
deemed to be an original and all of which shall constitute together but one and
the same Agreement.

 

SUBPART 6.4.  Governing Law.  THIS AMENDMENT NO. 4 SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 

SUBPART 6.5.  Successors
and Assigns.  This Amendment No. 4
shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns.

 

SUBPART 6.6.  Payment
of Fees and Expenses.  The Borrower
agrees to pay and reimburse the Agents for all its reasonable expenses incurred
in connection with the negotiation, preparation, execution and delivery of this
Amendment No. 4 and related documents, including all reasonable fees and
disbursements of counsel to the Agents.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK -
- SIGNATURE PAGES FOLLOW]

 

12

 

                IN WITNESS WHEREOF, the signatories hereto
have caused this Amendment No. 4 to be executed by their respective officers
thereunto duly authorized as of the day and year first above written.

 

 

 

	
  NEXTEL PARTNER OPERATING CORP.

  
	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
  Title: Chief Financial
  Officer and Treasurer

  
	
   

  	
   

  
	
  NEXTEL PARTNERS, INC.

  
	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
   

  
	
  NPCR, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
   

  
	
  NEXTEL PARTNERS OF UPSTATE NEW YORK, INC.

  
	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  

 

13

 

	
  NEXTEL WIP LEASE CORP.

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
   

  
	
  NEXTEL WIP LICENSE CORP.

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
   

  
	
  NEXTEL PARTNERS EQUIPMENT CORP.

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
   

  
	
  NPFC INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  
	
   

  	
   

  
	
  NEXTEL WIP EXPANSION CORP.

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON

  
	
   

  	
  Name: John D. Thompson

  

 

14

 

	
  NEXTEL WIP EXPANSION TWO CORP.

  
	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ JOHN D. THOMPSON 

  
	
   

  	
  Name: John D. Thompson

  

 

15

 

	
  CREDIT SUISSE FIRST
  BOSTON,

  
	
  as Syndication Agent
  and as Lender

  
	
   

  
	
   

  
	
  By:

  	
  /s/SOVONNA
  DAY-GOINS

  
	
  Name:  SoVonna Day-Goins

  
	
  Title:  Vice President

  
	
   

  
	
   

  
	
  By:

  	
  /s/ GUY M. BARON

  
	
  Name:  Guy M. Baron

  
	
  Title: Associate

  

 

 

16

 

	
  THE BANK OF NEW YORK,

  
	
  as Documentation Agent

  
	
   

  
	
   

  
	
  By 

  	
  /s/ ROBERT W.
  PIERSON

  
	
  Name:  Robert W. Pierson

  
	
  Title: Vice President

  

 

17

 

	
  1888 Fund, Ltd.,

  
	
  as Lender

  
	
   

  
	
  By:

  	
  /s/ KAITLIN
  TRINH

  
	
  Name:  Kaitlin Trinh

  
	
  Title:  Fund Controller

  

 

18

 

	
  AIMCO CDO Series 2000-A

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ CHRIS
  GOERGEN

  
	
  Name:  Chris Goergen

  
	
  Title:

  
	
   

  
	
  By:

  	
  /s/ JERRY D.
  ZINKULA

  
	
  Name:  Jerry D. Zinkula

  
	
   

  
	
  Authorized Signatories

  

 

19

 

	
  ALLSTATE LIFE INSURANCE
  COMPANY

  
	
  As Lender

  
	
   

  
	
  By:

  	
  CHRIS GOERGEN

  
	
  Name:  Chris Goergen

  
	
  Title:

  
	
   

  
	
  By:

  	
  JERRY D. ZINKULA

  
	
   

  
	
  Authorized Signatures

  

 

20

 

	
  AMMC CDO I, LIMITED

  
	
  By:  American Money Management Corp.,

  
	
  As Collateral Manager

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ DAVID P.
  MEYER

  
	
  Name:  David P. Meyer

  
	
  Title:  Vice President

  

 

 

21

 

	
  APEX (Trimaran) CDO I,
  LTD.,

  
	
  By Trimaran Advisors,
  L.L.C.

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ DAVID M.
  Millison

  
	
  Name:  David M. Millison

  
	
  Title:  Managing Director

  

 

22

 

	
  ARES III CLO Ltd.

  
	
   

  
	
  By: 
  ARES CLO Management LLC

  
	
   

  
	
  By:

  	
  /s/ JEFF MOORE

  
	
  Name: 
  Jeff Moore

  
	
  Title: 
  Vice President

  

 

23

 

	
  AURUM CLO
  2002-1 LTD.

  
	
   

  
	
  By:  STRIN ROE & FARNHAM

  
	
  INCORPORATEDD,
  AS INVESTMENT

  
	
  MANAGER

  
	
   

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ JAMES R.
  FELLOWS

  
	
  Name:  James R. Fellows

  
	
  Title:  Sr. Vice President & Portfolio Manager

  

 

24

 

	
  Bank of
  Montreal

  
	
  As Lender

  
	
   

  
	
  By: 

  	
  /s/ KAREN KLAPPER

  
	
  Name:  Karen Klapper

  
	
  Title:  Director

  

 

25

 

	
   

  
	
  BARCLAYS BANK PLC

  
	
   

  
	
  By:

  	
  /s/  L. PETER YETMAN

  
	
  Name:  L. Peter Yetman

  
	
  Title:  Director

  

 

26

 

	
  Bingham CDO L.P.,

  
	
  AS Lender

  
	
   

  
	
  By:

  	
  /s/ Kaitlin Trinh

  
	
  Name:  Kaitlin Trinh

  
	
  Title:  Fund Controller

  
	
   

  

 

27

 

	
  BRYN MAWR CLO, Ltd.

  
	
  By:

  	
  Deerfiled Capital
  Management LLC as its

  Collateral Manager

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ MARK E. WITTNEBEL

  
	
  Name:  Mark E. Wittnebel

  
	
  Title:  Sr. Vice President

  

 

28

 

	
  CARAVELLE INVESTMENT
  FUND, L.L.C.,

  
	
  By Trimaran Advisors,
  L.L.C.

  
	
  AS Lender

  
	
   

  
	
  By:

  	
  /s/ DAVID M. MILLISON

  
	
  Name:  David M. Millison

  
	
  Title:  Managing Director

  
	
   

  

 

29

 

	
  DUETSCHE BANK TRUST,

  
	
  as Lender

  
	
   

  
	
  By:

  	
  /s/ ANCA TRIFAN

  
	
  Name: Anca Trifan

  
	
  Title: Director

  
	
   

  

 

30

 

	
  ELC (CAYMAN) LTD.

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  
	
  ELC (CAYMAN) LTD. CDO
  SERIES 1999-I,

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  
	
  ELC (CAYMAN) LTD,
  1999-II,

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  
	
  ELC (CAYMAN) LTD.,
  1999-III

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  

 

31

 

	
  ELC (CAYMAN) LTD,
  2000-I

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  
	
  ELC (IDM) CDO I, LTD.,

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  
	
  TRYON CLO LTD. 2000-I

  
	
  As Lender

  
	
  By:  David L. Babson & Company Inc. as
  Collateral

  
	
  Manager

  
	
   

  
	
  By:

  	
  /s/ DAVID P. WELLS

  
	
  Name:  David P. Wells, CFA

  
	
  Title:  Managing Director

  
	
   

  

 

 

32

 

	
  Franklin Floating Rate
  Trust

  
	
  Franklin CLO II,
  Limited

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ RICHARD
  D’ADDARIO

  
	
  Nane:  Richard D’Addario

  
	
  Title:  Vice President

  
	
   

  

 

33

 

	
  Galaxy CLO 1999-1 Ltd.,

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ JOHN G.
  LAPHAM, III

  
	
  Name:  John G. Lapham, III

  
	
  Title:  Authorized Agent

  
	
   

  

 

34

 

	
  GENERAL ELECTRIC CAPITAL

  
	
  CORPORATION

  
	
   

  
	
  By: 

  	
  /s/ MOLLY S.
  FERGUSSON

  
	
  Name:  Molly S. Fergusson

  
	
  Title: Manager,
  Operations

  

 

35

 

	
  INDOSUEZ CAPITAL
  FUNDING IIA, LIMITED

  
	
  By:  Indosuez Capital as Portolio Advisor

  
	
   

  
	
  By:

  	
  /s/ CHARLES
  KOBAYASHI

  
	
  Name: Charles Kobayashi

  
	
  Title:  Principal and Portfolio Manager

  
	
   

  
	
  INDOSUEZ CAPITAL
  FUNDING III, LIMITED

  
	
  By:  Indosuez Capital as Portolio Advisor

  
	
   

  
	
  By:

  	
  /s/ CHARLES
  KOBAYASHI

  
	
  Name: Charles Kobayashi

  
	
  Title:  Principal and Portfolio Manager

  
	
   

  
	
  INDOSUEZ CAPITAL
  FUNDING VI, LIMITED

  
	
  By:  Indosuez Capital as Portolio Advisor

  
	
   

  
	
  By:

  	
  /s/ CHARLES
  KOBAYASHI

  
	
  Name: Charles Kobayashi

  
	
  Title:  Principal and Portfolio Manager

  
	
   

  

 

36

 

	
  LIBERTY FLOATING RATE

  
	
  ADVANTAGE FUND

  
	
   

  
	
  By:  STEIN ROE & FARNHAM

  
	
  INCORPORATED, AS
  ADVISOR

  
	
   

  
	
  By:

  	
  /s/ JAMES R.
  FELLOWS

  
	
  Name: James R. Fellows

  
	
  Title:  Sr. Vice President & Portfolio Manager

  

 

37

 

	
  Magma CDO Ltd.,

  
	
  As Lender

  
	
   

  
	
  By: 

  	
  /s/ KAITLIN
  TRINH

  
	
  NAME:  Kaitlin Trinh

  
	
  Title:  Fund Controller

  
	
   

  

 

38

 

	
  Mountain Capital CLO 1
  LTD.

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ Chris
  Siddons

  
	
  Names:  Chris Siddons

  
	
  Title:  Director

  
	
   

  

 

39

 

	
  MURFIELD TRADING LLC,

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ Diana L.
  Mushill

  
	
  Name:  Diana L. Mushill

  
	
  Title:  Asst. Vice President

  

 

40

 

	
  NATIONAL CITY BANK,

  
	
  As a Lender

  
	
   

  
	
  By:

  	
  /s/MICHAEL
  BIENVILLE GRIMES

  
	
  Name:  Michael Bienville Grimes

  
	
  Total:  Senior Vice President

  
	
   

  

 

41

 

	
  OLYMPIC FUNDING TRUST,
  SERIES 1999-1

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ DIANA L.
  MUSHILL

  
	
  NAME:  Diana L. Mushill

  
	
  Title:  Authorized Agent

  
	
   

  

 

42

 

	
  PRESIDENT & FELLOWS
  OF HARVARD

  
	
  COLLEGE

  
	
   

  
	
  BY: Regiment Capital
  Management, LLC

  
	
  As its Investment
  Advisor

  
	
   

  
	
  By:  Regiment Capital Advisor, LLC

  
	
  Its Manager and
  pursuant to delegated

  
	
  authority

  
	
  as Lender

  
	
   

  
	
  By:

  	
  /s/ TIMOTHY S.
  PETERSON

  
	
  Name:  Timothy S. Peterson

  
	
  Title:  President

  
	
   

  

 

43

 

	
  ROSEMONT CLO, Ltd.

  
	
  By:  Deerfield Capital Management LLC as its 

  
	
  Collateral Manager

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ MARK E. WITTNEBEL

  
	
  Name:  Mark E. Wittnebel

  
	
  Title:  Sr. Vice President.

  
	
   

  

 

44

 

	
  SEQUILS-CUMBERLAND I,
  Ltd.

  
	
  By:  Deerfield Capital Management LLC as its 

  
	
  Collateral Manager

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ MARK E. WITTNEBEL

  
	
  Name:  Mark E. Wittnebel

  
	
  Title:  Sr. Vice President

  
	
   

  

 

45

 

	
  STEIN ROE FLOATING RATE

  
	
  LIMITED LIABILITY
  COMPANY

  
	
   

  
	
  By: STEIN ROE AND
  FARNHAM

  
	
  INCORPORATED, AS
  ADVISOR,

  
	
  As Lender

  
	
   

  
	
  By:

  	
  /s/ JAMES R. FELLOWS

  
	
  Name:  James. R. Fellows

  
	
  Title:  Sr. Vice President & Portfolio Manager

  

 

46

 

	
  WACHOVIA BANK, N.A.

  
	
  (f/k/a/ First Union
  National Bank)

  
	
   

  
	
  By:

  	
  /s/ Mark L. Cox

  
	
  Name:  Mark L. Cox

  
	
  Title:  Director

  
	
   

  

 

47

 

	
  ACCEPTED BY:

  
	
   

  
	
  BANK OF MONTREAL,

  
	
  as Administrative Agent

  
	
   

  
	
  By

  	
  /s/ KAREN KLAPPER

  
	
  Name:  Karen Klapper

  
	
  Title:  Director

  

 

 

48

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00051-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00051-of-00352.parquet"}]]