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EXHIBIT 10.38  

        UBIQUITEL OPERATING COMPANY  

Dealer Manager Agreement 

New
York, New York

January 23, 2003 

Banc
of America Securities LLC, as Dealer Manager

100 North Tryon Street, Seventh Floor

Charlotte, NC 28255 

Ladies
and Gentlemen: 

        UbiquiTel
Operating Company, a Delaware corporation (the "Company"), plans to make offers to exchange (the  "Exchange Offer") 14% Senior Unsecured Discount Notes due
2010 (the "New Notes") for its outstanding 14%
Senior Subordinated Discount Notes due 2010 (the "Old Notes") with certain cash payments on the terms and conditions set forth in the Offering
Memorandum and the related Letter of Transmittal (as defined below). The New Notes will be guaranteed by UbiquiTel Inc. (the "Parent") and all of
the Company's existing and future domestic subsidiaries, that are Restricted Subsidiaries, as defined in the New Indenture (as defined below) which does not include UbiquiTel Leasing Company
(collectively, the "Guarantor"). Capitalized terms used and not defined in this Agreement shall have the meanings assigned to them in the Offering
Memorandum. 

        The
Old Notes were issued pursuant to an indenture, dated as of April 11, 2000 (the "Old Indenture"), among the Company (as
issuer), the Guarantor (as guarantor) and American Stock Transfer & Trust Company (as trustee). 

        The
New Notes are to be issued under an indenture (the "New Indenture") among the Company (as issuer), the Guarantor (as guarantor) and
American Stock Transfer & Trust Company (the "New Trustee") (as trustee) without registration under the Securities Act of 1933, as amended (the  "Securities
Act"), and the rules and regulations of the Securities and Exchange Commission (the  "Commission") promulgated thereunder in reliance upon exemptions from the registration
requirements thereunder. The New Notes will be fully and
unconditionally guaranteed by the Guarantor pursuant to the terms of the New Indenture (the "Guarantees"). The New Notes will have the benefit of a
registration rights agreement (the "Registration Rights Agreement") among the Company, the Guarantor and the Dealer Manager, pursuant to which the
Company will agree to register another series of debt securities of the Company with substantially identical terms as the New Notes (the "Exchange
Notes") with the Commission under the Securities Act subject to the terms and conditions therein specified, and to offer to exchange the Exchange Notes for the New Notes (the  "Registered Exchange
Offer"). 

 

        In
connection with the Exchange Offer, the Company has prepared a Letter of Inquiry dated January 2, 2003 (the "Letter of Inquiry")
and an offering memorandum dated January 23, 2003 (including any and all exhibits thereto and any information incorporated by reference therein as of the Commencement Date, and as amended or
supplemented up to the Closing Date, the "Offering Memorandum") and the related Letter of Transmittal (the "Letter of
Transmittal," and together with the Offering Memorandum, the "Offering Documents"). The Letter of Inquiry and the Offering Documents were prepared by the Company and set forth
certain information concerning the Company, the Old Notes and the New Notes. The Company hereby confirms that it has authorized the use of the Letter of Inquiry and the Offering Documents and any
amendments or supplements thereto in connection with the Exchange Offer. Unless stated to the contrary, references herein to the Offering Documents are to the Offering Documents up to and including
the Closing Date, and are not meant to include any information incorporated by reference therein subsequent to the Closing Date, and any references herein to the terms "amend", "amendment" or
"supplement" with respect to any of the Offering Documents shall be deemed to refer to and include any information filed under the Securities Exchange Act of 1934, as amended (the  "Exchange Act"),
subsequent to the execution of this Agreement that is incorporated by reference therein. 

        1.    Engagement.    The Company hereby engages Banc of America Securities LLC as the exclusive dealer manager (the  "Dealer Manager"), authorizes the Dealer Manager to act as such in connection with the Exchange Offer and agrees that the Dealer Manager shall act as an
independent contractor with duties solely to the Company. The Dealer Manager agrees, in accordance with its customary practice, to perform those services in connection with the Exchange Offer as are
customarily performed by investment banking concerns in connection with exchange offers and consent solicitations of like nature, including but not limited to soliciting the holders of the Old Notes
sought to be exchanged by the Company pursuant to the Exchange Offer. 

        The
Company acknowledges that the Dealer Manager is a securities firm that is engaged in securities trading and brokerage activities as well as in providing investment banking and
financial advisory services. In the ordinary course of trading and brokerage activities, the Dealer Manager and its affiliates may at any time hold long or short positions, and may trade or otherwise
effect transactions, for their own account or the accounts of customers, in debt or equity securities of the Company and its affiliates or other entities that may be involved in the transactions
contemplated hereby. 

        2.    Solicitation Material; Withdrawal; Termination.    The Company agrees to furnish the Dealer Manager with as
many copies as the Dealer Manager may reasonably request of the Offering Documents, any exhibits thereto, any information incorporated by reference therein, any amendments or supplements thereto and
any other documents or materials whatsoever relating to the Exchange Offer (collectively, as amended or supplemented from time to time, the "Exchange Offer
Material") to be used by the Company in connection with the Exchange Offer. The Company agrees that, within a reasonable time prior to using any Exchange Offer Material, it
will submit copies of such material to the Dealer Manager and its counsel and will not use or publish any such material to which the Dealer Manager or its counsel reasonably objects. 

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        In
the event that (i) the Company uses or permits the use of any Exchange Offer Material (a) which has not been submitted to the Dealer Manager for its comments or
(b) which has been so submitted and with respect to which the Dealer Manager has made comments, but which comments have not resulted in a response reasonably satisfactory to the Dealer Manager
and its counsel to reflect its comments, (ii) the Company shall have breached, in any material respect, any of its representations, warranties, agreements or covenants herein or
(iii) the Exchange Offer is terminated or withdrawn for any reason, or no reason at all, or any stop order, restraining order, injunction or denial of an application for approval has been
issued and not thereafter stayed or vacated with respect to, or any proceeding, litigation or investigation has developed or been initiated such that it is reasonably likely to have a material adverse
effect on the Company's ability to carry out the Exchange Offer, the exchange of the New Notes for the Old Notes pursuant thereto or the performance of this Agreement, the Registration Rights
Agreement, the New Indenture and the New Notes, then in any such case the Dealer Manager shall be entitled to withdraw as Dealer Manager without any liability or penalty to the Company or any other
Company Indemnified Person (as defined in Section 8 hereof) and without loss of any right to the payment of all expenses payable hereunder. The Company shall be entitled at any time, in its
sole and absolute discretion, to withdraw or terminate the Exchange Offer and this Agreement for any reason whatsoever, or for no reason at all, without any liability or penalty to the Dealer Manager
or any other Dealer Manager Indemnified Person (as defined in Section 8 hereof), provided that the Company upon such withdrawal or termination shall, subject to Section 3(b) below,
promptly reimburse the Dealer Manager for expenses incurred through the date of such withdrawal or termination. If the Dealer Manager withdraws as Dealer Manager pursuant to this Section 2, the
Company, subject to Section 3(b) below, shall promptly reimburse the Dealer Manager for expenses incurred through the date of such withdrawal. The Company shall inform the Dealer Manager
promptly after it receives notice or becomes aware of the happening of any event, or the discovery of any fact, (i) that would require the making of any change in any Exchange Offer Material
then being used, or (ii) that would affect the truth or completeness of any representation or warranty contained in this Agreement if such
representation or warranty were being made immediately after the happening of such event or the discovery of such fact. 

        3.    Compensation and Expenses.    

        (a)  The
Company and the Dealer Manager agree that the compensation (the "Fee") for the Dealer Manager's services as Dealer
Manager hereunder will be equal to the amount as separately agreed in the first sentence of the second paragraph of the engagement letter, dated December 2, 2002 (the "Engagement Letter"),
between the Company and the Dealer Manager, which will be paid in immediately available funds on the Closing Date. 

        (b)  In
addition to the compensation payable under Section 3(a) above, the Company agrees to pay in immediately available funds (i) all fees and expenses
relating to the filing, preparation, printing, mailing and publishing of the Exchange Offer Material, (ii) all fees, disbursements and expenses of the Company's counsel and accountants and of
the Exchange Agent (as defined in Section 4), (iii) all advertisement 

3

 

charges,
(iv) all other fees and expenses in connection with the Exchange Offer, including those of any exchange agent, information agent or other person rendering services in connection
therewith, (v) to brokers and dealers (including the Dealer Manager), commercial banks, trust companies and other nominees, the amount of their customary mailing and handling expenses incurred
in forwarding the Exchange Offer to their customers, (vi) the cost of preparation, issuance, transfer and delivery of the New Notes, including any transfer, withholding or other taxes payable
thereon, (vii) the costs and charges of the New Trustee, (viii) the cost of printing the Blue Sky memorandum in connection with the Exchange Offer under state securities laws and all
expenses in connection with the qualification of the New Notes under such state securities laws, including filing fees and reasonable fees and disbursements of counsel for the Dealer Manager in
connection with such qualification and in connection with the Blue Sky memorandum, (ix) all filing fees and reasonable fees and disbursements of counsel to the Dealer Manager incurred in
connection with the review and qualification of the New Notes by the National Association of Securities Dealers, Inc. ("NASD"), (x) any
fees charged by rating agencies for the rating of the New Notes and (xi) all other reasonable costs and expenses incident to the performance of the obligations of the Company hereunder for
which provision is not otherwise made in this Section. The Company will also reimburse the Dealer Manager for all reasonable expenses incurred by the Dealer Manager in connection with its services as
Dealer Manager, including the reasonable fees and expenses of Shearman & Sterling, provided that the Company shall not be responsible for any of Shearman & Sterling's fees or expenses or
the fees of any other counsel for the Dealer Manager in excess of $250,000 in the aggregate that have not been previously approved in writing by the Company, at the Company's discretion, and provided,
further, that the Dealer Manager shall provide the Company no less frequently than every thirty (30) days a detailed report of its costs and expenses (including legal fees and expenses)
incurred by the Dealer Manager in connection with the Exchange Offer during the thirty-day period preceding the report. The Company shall perform its
obligations set forth in this Section 3(b), whether or not the Exchange Offer is consummated and any payments due hereunder shall be paid promptly upon the earlier of (i) the successful
completion or termination of the Exchange Offer or (ii) the withdrawal by the Dealer Manager or the Company pursuant to Section 2 hereof. 

        4.    Exchange Agent and Information Agent.    The Company will arrange for The Bank of New York to serve as exchange
agent (the "Exchange Agent") in connection with the Exchange Offer and, as such, to advise the Dealer Manager as to such matters relating to the
Exchange Offer as the Dealer Manager may reasonably request. The Company shall provide the Dealer Manager or cause the trustee under the Old Indenture and The Depository Trust Company
("DTC") to provide the Dealer Manager with copies of the records or other lists showing the names and addresses of, and principal amounts of Old Notes
held by, the holders of the Old Notes as of a recent date and shall, from and after such date, advise the Dealer Manager, during the pendency of the Exchange Offer, of any change in the information
previously provided. The Company will arrange for American Stock Transfer & Trust Company to serve as information agent (the "Information Agent")
in connection with the Exchange Offer and, as such, to advise the Dealer Manager as to such matters relating to the Exchange Offer as the Dealer Manager may 

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reasonably
request and to furnish the Dealer Manager with any written reports concerning any such information as the Dealer Manager may reasonably request. 

        5.    Representations, Warranties and Certain Agreements.    

                (A)    Each
of the Company and the Guarantor represents and warrants to the Dealer Manager, and agrees with the Dealer Manager, as follows: 

        (a)  The
Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware. The Company has corporate power
and authority to own, lease and operate its properties and to conduct its business as described in the Offering Documents, and to enter into and perform all its obligations under this Agreement, the
Registration Rights Agreement, the New Indenture, the New Notes and the Exchange Notes and to consummate the Exchange Offer and the Registered Exchange Offer in accordance with its terms. The Company
is duly qualified as a foreign corporation to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of
property or the conduct of business, except for such jurisdictions where the failure to so qualify or to be in good standing would not, individually or in the aggregate, result in a material adverse
change, in the condition, financial or otherwise, or in the earnings, business, operations or prospects, whether or not arising from transactions in the ordinary course of business, of the Parent, the
Company and its subsidiaries, taken as a whole (any such change a "Material Adverse Change"). 

        (b)  Each
of the Parent and the subsidiaries of the Company has been duly incorporated or formed, is validly existing as a corporation or limited liability company in good
standing under the laws of the jurisdiction of its incorporation or formation, as the case may be, and has the corporate power and authority to own, lease and operate its properties and to conduct its
business as described in the Offering Documents and, in the case of the Guarantor, to enter into and perform all of their obligations under this Agreement, the Registration Rights Agreement, the New
Indenture and the Guarantees and to consummate the Exchange Offer and the Registered Exchange Offer in accordance with the terms of such agreement. Each of the Parent and the subsidiaries of the
Company is duly qualified to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the
conduct of business, except for such jurisdictions where the failure to so qualify or to be in good standing would not, individually or in the aggregate, result in a Material Adverse Change. All of
the issued and outstanding capital stock of the Parent has been duly authorized and validly issued, is fully paid and nonassessable and all of the issued and outstanding capital stock of the
subsidiaries of the Company has been duly authorized and validly issued, is fully paid and nonassessable and is owned by the Company, directly or through subsidiaries, free and clear of any security
interest, mortgage, pledge, lien, encumbrance or claim, except for those granted under that certain senior credit facility dated March 31, 2000, as amended (the "Senior Credit Facility"), by
and among the Company and the lenders party thereto in their capacities as lenders thereunder and Paribas, as administrative agent. The Company does not own or control, 

5

 

directly
or indirectly, any corporation, association or other entity other than the subsidiaries listed in Schedule A hereto. 

        (c)  This
Agreement has been duly authorized, executed and delivered by, and is a valid and binding agreement of, the Company and the Guarantor, enforceable against the
Company and the Guarantor in accordance with its terms, except as rights to indemnification and contribution hereunder may be limited by applicable law and except as the enforcement hereof may be
limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles. 

        (d)  As
of the date of issuance of the New Notes in exchange for the Old Notes pursuant to the Exchange Offer (the "Closing
Date"), the Registration Rights Agreement will be duly authorized, executed and delivered by, and will be a valid and binding agreement of, the Company and the Guarantor,
enforceable against the Company and the Guarantor in accordance with its terms, except as rights to indemnification and contribution thereunder may be limited by applicable law and except as the
enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable
principles. Pursuant to the Registration Rights Agreement, the Company will agree to file with the Commission, under the circumstances set forth therein, (i) a registration statement under the
Securities Act relating to the Exchange Notes to be offered in exchange for the New Notes pursuant to the Registered Exchange Offer and (ii) to the extent required by the Registration Rights
Agreement, a shelf
registration statement pursuant to Rule 415 of the Securities Act relating to the resale by certain holders of the New Notes, and in each case, to use its best efforts to cause such
registration statements to be declared effective. 

        (e)  (i) The
New Notes have been duly authorized by the Company and, when executed, authenticated and issued in accordance with the terms of the New Indenture and
delivered to the holders of the Old Notes who tender their Old Notes in accordance with the terms of the Exchange Offer, will constitute valid and binding obligations of the Company, enforceable
against the Company in accordance with their terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or
affecting the rights and remedies of creditors or by general equitable principles, and be entitled to the benefits of the New Indenture; (ii) the Exchange Notes have been duly authorized for
issuance by the Company, and when issued and authenticated in accordance with the terms of the New Indenture, the Registration Rights Agreement and the Registered Exchange Offer, will constitute valid
and binding obligations of the Company, enforceable against the Company in accordance with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization,
moratorium, or similar laws relating to or affecting enforcement of the rights and remedies of creditors or by general principles of equity, and will be entitled to the benefits of the New Indenture;
and (iii) the Guarantees of the New Notes and the Exchange Notes are in the respective forms contemplated by the New Indenture, have been duly authorized by the Guarantor and, 

6

 

when
executed, authenticated and issued in accordance with the terms of the New Indenture, upon endorsement of the New Notes by the Guarantor and when delivered to the holders of the Old Notes who
tender their Old Notes in accordance with the terms of the Exchange Offer, will constitute valid and binding obligations of the Guarantor, enforceable against the Guarantor in accordance with their
terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by
general equitable principles, and will be entitled to the benefits of the New Indenture. 

        (f)    The
New Indenture has been duly authorized by the Company and the Guarantor and, assuming due authorization, execution and delivery thereof by the New Trustee, when duly
executed and delivered by the Company and the Guarantor, will constitute a valid and binding agreement of the Company and the Guarantor, enforceable against the Company and the Guarantor in accordance
with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or affecting enforcement of the rights and remedies
of creditors or by general principles of equity. 

        (g)  The
Company has taken all necessary corporate action to authorize the making and consummation of the Exchange Offer, (including the exchange of the New Notes for the Old
Notes), the Registered Exchange Offer and all other actions contemplated by the Offering Documents. 

        (h)  The
Old Notes, the Old Indenture, the New Notes, the Guarantees, the New Indenture and the Registration Rights Agreement conform or will conform in all material respects
to the respective statements relating thereto contained in the Offering Documents. 

        (i)    Except
as otherwise disclosed in the Offering Documents, subsequent to the respective dates as of which information is given: (i) there has been no Material
Adverse Change, or any development that could reasonably be expected to result in a Material Adverse Change; (ii) the Parent, the Company and its subsidiaries, considered as one entity, have
not incurred any material liability or obligation, indirect, direct or contingent, not in the ordinary course of business nor entered into any material transaction or agreement not in the ordinary
course of business, except in each case as described in, or as described in any document incorporated by reference in, the Offering Documents; (iii) there has been no dividend or distribution
of any kind declared, paid or made by the Parent, the Company or any of its subsidiaries on any class of capital stock of the Parent or repurchase or redemption by the Parent, the Company or any of
its subsidiaries of any class of capital stock of the Parent; and (iv) there has been no material change in the capital stock, short-term debt or long-term debt of the
Parent, the Company and its subsidiaries, considered as one entity, except in each case as described in, or as described in any document incorporated by reference in, the Offering Documents. 

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        (j)    Complete
and correct copies of the Offering Documents have been furnished to the Dealer Manager or will be furnished to the Dealer Manager no later than the date the
Exchange Offer is commenced (the "Commencement Date"). 

        (k)  The
Offering Documents, as they may be amended and supplemented from time to time, comply and will comply in all material respects with the applicable provisions of the
Securities Act and the Exchange Act, as applicable, and the rules and regulations promulgated thereunder. 

        (l)    Any
Company document incorporated by reference in the Offering Documents, or filed with the Commission after the Commencement Date, or from which information is so
incorporated by reference when filed or becoming effective, as the case may be, complied, continues to comply and will comply in all material respects with the requirements of the Securities Act and
the Exchange Act, as applicable, and the rules and regulations promulgated thereunder. 

        (m)  The
Offering Documents do not and will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements
made therein, in the light of the circumstances under which they are made, not misleading, except that the Company makes no representation or warranty with respect to any statement contained in, or
any matter omitted from, the Offering Documents relating to the Dealer Manager and based upon information furnished in writing by or on behalf of the Dealer Manager to the Company expressly for use
therein. 

        (n)  Arthur
Andersen LLP, who have expressed their opinion with respect to the financial statements (which term as used in this Agreement includes the related notes thereto)
and supporting schedules included or incorporated by reference in the Offering Documents were at the time of expressing their opinion independent public or certified public accountants within the
meaning of Regulation S-X under the Securities Act and the Exchange Act. 

        (o)  The
financial statements, together with the related schedules and notes, included or incorporated by reference in the Offering Documents, present fairly in all material
respects the consolidated financial position of the Parent, the Company and its subsidiaries as of and at the dates indicated and the results of their operations and cash flows for the periods
specified. Such financial statements have been prepared in conformity with generally accepted accounting principles, as applied in the United States, on a consistent basis throughout the periods
involved, except as may be expressly stated in the related
notes thereto, subject in the case of interim financial statements to normal and recurring year-end adjustments. 

        (p)  As
of the date referenced in the Offering Documents, the Company had an authorized and outstanding capitalization as set forth in, or as set forth in documents
incorporated by reference in, the Offering Memorandum. All of the outstanding shares of the capital stock of the Company have been duly authorized and validly issued, are fully paid and nonassessable
and have been issued in compliance with federal and state 

8

 

securities
laws. None of the outstanding shares of capital stock of the Company were issued in violation of any preemptive rights, rights of first refusal or other similar rights to subscribe for or
purchase securities of the Company. There are no authorized or outstanding options, warrants, preemptive rights, rights of first refusal or other rights to purchase, or equity or debt securities
convertible into or exchangeable or exercisable for, any capital stock of the Company or any of its subsidiaries and equity interests in any firm, partnership, joint venture or other entities, other
than those accurately described in, or described in documents incorporated by reference in, the Offering Memorandum. 

        (q)  Neither
the Parent, the Company nor any of its subsidiaries is in violation of its charter or by-laws or is in default (or, with the giving of notice or
lapse of time, would be in default) ("Default") under any indenture, mortgage, loan or credit agreement, note, contract, franchise, lease or other
instrument to which the Parent, the Company or any of its subsidiaries is a party or by which it or any of them may be bound, or to which any of the property or assets of the Parent, the Company or
any of its subsidiaries is subject (each such foregoing document being referred to as an "Existing Instrument"), except for such Defaults as would not,
individually or in the aggregate, result in a Material Adverse Change. The Company's and the Guarantor's execution, delivery and performance of this Agreement, the Registration Rights Agreement, the
New Indenture and any other agreements or documents relating to any of the foregoing, the offer, sale and issuance of the New Notes, the related exchange of the New Notes for the Old Notes pursuant to
the Exchange Offer, the Exchange Offer, the cancellation of the Old Notes and the consummation of the transactions contemplated by any of the foregoing and by the Offering Documents: (i) have
been duly authorized by all necessary corporate action and will not result in any violation of the provisions of the charter or by-laws of the Parent, the Company or any of its
subsidiaries; (ii) will not conflict with or constitute a breach of, or Default or a Debt Repayment Triggering Event (as defined below) under, or result in the creation or imposition of any
lien, charge or encumbrance upon any property or assets of the Parent, the Company or any of its subsidiaries pursuant to, or require the consent of any other party to, any Existing Instrument, except
for consents required by the Senior Credit Facility from the lenders thereunder, and except for such conflicts, breaches, Defaults, liens, charges or encumbrances as would not, individually or in the
aggregate, result in a Material Adverse Change; and (iii) will not result in any violation of any law, administrative regulation or administrative or court decree applicable to the Parent, the
Company or any of its subsidiaries or any of their respective properties except for violations as would not, individually or in the aggregate, result in a Material Adverse Change. As used herein, a
"Debt Repayment Triggering Event" means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of
indebtedness (or any person acting on
such holder's behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Parent, the Company or any of its subsidiaries. 

        (r)  No
consent, approval, authorization or other order of, or registration or filing with, any court or other governmental or regulatory authority or agency, is required for
the Company's or the Guarantor's execution, delivery and performance of this Agreement, the Registration Rights Agreement, the New Indenture and any other 

9

 

agreements
or documents relating to any of the foregoing, the offer, sale and issuance of the New Notes, the related exchange of the New Notes for the Old Notes pursuant to the Exchange Offer, the
Exchange Offer, the cancellation of the Old Notes and the consummation of the transactions contemplated by any of the foregoing and by the Offering Documents, except such as have been or will be prior
to the Closing Date obtained or made by the Company or the Guarantor and are or will be prior to the Closing Date (other than with respect to applicable state securities or blue sky laws in connection
with the Exchange Offer and the Registered Exchange Offer that will be obtained on or as promptly as practicable after the consummation of the Exchange Offer and such Registered Exchange Offer, as the
case may be) in full force and effect under the Securities Act, applicable state securities or blue sky laws and except such as may be required by federal and state securities laws with respect to the
Company's or the Guarantor's obligations under the Registration Rights Agreement. 

        (s)  On
or prior to the Commencement Date, the Company will have made appropriate arrangements, to the extent applicable, with DTC or any other "qualified" securities
depositary to allow for the book-entry movement of the tendered notes representing the Old Notes between depositary participants and the Exchange Agent. 

        (t)    Subject
to compliance by the Dealer Manager with the representations and warranties set forth in Section 5(B) hereof, it is not necessary in connection with the
offer, sale and delivery of the New Notes and the Exchange Offer, in the manner contemplated by this Agreement and the Offering Documents, to register the New Notes or the Guarantees under the
Securities Act or, until such time as any registration statement, contemplated by the Registration Rights Agreement, shall have been declared effective by the Commission, to qualify the New Indenture
under the Trust Indenture Act of 1939 (the "Trust Indenture Act," which term, as used herein, includes the rules and regulations of the Commission
promulgated thereunder). 

        (u)  None
of the Company, the Guarantor, their respective affiliates, or any person acting on their behalf (other than the Dealer Manager, as to whom neither the Company nor
the Guarantor makes any representation or warranty) has directly or indirectly, solicited any offer to buy or offered to sell, and will not, directly or indirectly, solicit any offer to buy or offer
to sell, in the United States or to any United States citizen or resident, any security which is or would be integrated with the Exchange Offer
in a manner that would require the New Notes to be registered under the Securities Act. None of the Company, the Guarantor, their respective affiliates or any person acting on their behalf (other than
the Dealer Manager, as to whom neither the Company nor the Guarantor makes any representation or warranty) has engaged or will engage, in connection with the Exchange Offer, in any form of general
solicitation or general advertising within the meaning of Rule 502 under the Securities Act. With respect to those New Notes exchanged in reliance upon Regulation S under the Securities
Act ("Regulation S"): (i) none of the Company, the Guarantor, their respective affiliates, or any person acting on their behalf (other than the
Dealer Manager, as to whom neither the Company nor the Guarantor makes any representation or warranty) has engaged or will engage in any directed selling efforts in the United States within the
meaning of 

10

 

Regulation S;
and (ii) each of the Company, the Guarantor, and their respective affiliates and any person acting on their behalf (other than the Dealer Manager, as to whom neither the
Company nor the Guarantor makes any representation or warranty) has complied and will comply with the offering restrictions set forth in Regulation S. 

        (v)  The
New Notes satisfy the requirements set forth in Rule 144A(d)(3) under the Securities Act. 

        (w)  The
Company is voluntarily subject to and is reporting in accordance with the requirements of Section 13 or Section 15(d) of the Exchange Act. The
information provided by the Company pursuant to this clause will not, at the date filed with the Commission and to the extent qualified by a date reference, contain any untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. 

        (x)  Except
as contemplated by this Agreement, the Company has not paid or agreed to pay to any person any compensation for (i) soliciting another to purchase any of
the Company's securities or (ii) the solicitation of tenders by holders of the Old Notes pursuant to the Exchange Offer. 

        (y)  Neither
the Parent, the Company nor any of its subsidiaries nor any of their respective directors, officers or controlling persons has taken, directly or indirectly, any
action designed to or which has constituted or which might reasonably be expected to cause or result, under the Exchange Act or otherwise, in stabilization or manipulation of the price of any security
of the Company to facilitate the Exchange Offer or the sale or resale of the Company's securities or to encourage tenders by holders of the Old Notes pursuant to the Exchange Offer. 

        (z)  There
are no legal or governmental actions, suits or proceedings pending against the Parent, the Company or any of its subsidiaries or, to the best of the Company's
knowledge, there are no legal or governmental actions, suits or proceedings: (i) threatened against or affecting the Parent, the Company or any of its subsidiaries; or (ii) which have as
the subject thereof any officer or director of, or any property owned or leased by, the Parent, the Company or any of its subsidiaries, where in any such case there is a reasonable possibility that
such action, suit or proceeding might be determined adversely to the Company or such subsidiary, officer or director and any such action, suit or proceeding, if so determined adversely, would
reasonably be expected to result in a Material Adverse Change or adversely affect the consummation of the transactions contemplated by this Agreement and by the Offering Documents. There are no legal
or governmental actions, suits or proceedings pending against the Parent, the Company or any of its subsidiaries that would reasonably be expected to result in a Material Adverse Change that are
required to be described in (or described in any document incorporated by reference in) the Offering Documents, which are not described (or described in any document incorporated by reference) as
required. No material labor dispute with the employees of the Parent, the Company or any of its subsidiaries exists or, to the best of the Company's knowledge, is threatened or imminent. 

11

  

        (aa) The
Company has been advised of the rules and requirements under the Investment Company Act of 1940, as amended (the "Investment Company
Act"). The Company is not, and after giving effect to the transactions contemplated in the Offering Documents will not be, an "investment company" within the meaning of
Investment Company Act and will conduct its business in a manner so that it will not become subject to the Investment Company Act. 

        (bb) The
Parent, the Company and its subsidiaries own or possess the right to use sufficient trademarks, trade names, patent rights, copyrights, licenses, approvals, trade
secrets and other similar rights (collectively, "Intellectual Property Rights") reasonably necessary to conduct their businesses as now conducted,
except where the failure to own or possess the right to use such Intellectual Property Rights could not reasonably be expected to result in a Material Adverse Change. Neither the Parent, the Company
nor any of its subsidiaries has received any notice of infringement or conflict with asserted Intellectual Property Rights of others, which infringement or conflict, if the subject of an unfavorable
decision, ruling or finding, could reasonably be expected to result in a Material Adverse Change. 

        (cc) The
Parent, the Company and each of its subsidiaries possess such valid and current certificates, authorizations, permits or licenses (collectively,  "Licenses") issued by the appropriate state, federal or
foreign regulatory agencies or bodies necessary to conduct their respective businesses, except
where the failure to possess such Licenses could not reasonably be expected to result in a Material Adverse Change. Neither the Parent, the Company nor any of its subsidiaries has received any notice
of proceedings relating to the revocation or modification of, or non-compliance with, any such License which, singly or in the aggregate, if the subject of an unfavorable decision, ruling
or finding, could reasonably be expected to result in a Material Adverse Change. 

        (dd) The
Parent, the Company and each of its subsidiaries has good title to all the properties and assets reflected as owned in the financial statements described in, or
contained in any document incorporated by reference in, the Offering Documents, in each case free and clear of any security interests, mortgages, liens, encumbrances, equities, claims and other
defects, except as described in, or as described in any document incorporated by reference in, the Offering Documents or as do not materially and adversely affect the value of such property and do not
materially interfere with the use made or proposed to be made of such property by the Parent, the Company or such subsidiary. The material real property, improvements, equipment and personal property
held under lease by the Parent, the Company or any of its subsidiaries are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the
use made or proposed to be made of such real property, improvements, equipment or personal property by the Company or such subsidiary. 

        (ee) The
Parent, the Company and its subsidiaries have filed all necessary federal, state and foreign income and franchise tax returns and have paid all taxes shown by such
returns, which are due and payable, and any related or similar assessment, fine or penalty, except as such tax, assessment, fine or penalty may be or is being contested in 

12

 

good
faith and by appropriate proceedings. The Parent, the Company and its subsidiaries have made adequate charges, accruals and reserves in the applicable financial statements, described in, or
contained in any document incorporated by reference in, the Offering Documents, in respect of all federal, state and foreign income and franchise taxes for all periods as to which the tax liability of
the Parent, the Company or any of its subsidiaries has not been finally determined. 

        (ff)  Each
of the Parent, the Company and its subsidiaries are insured by recognized, financially sound institutions with policies in such amounts and with such deductibles
and covering such risks as are generally deemed adequate and customary for their businesses including, but not limited to, policies covering real and personal property owned or leased by the Parent,
the Company and its subsidiaries against theft, damage, destruction and acts of vandalism. The Company has no reason to believe that: (i) the Parent, the Company or any of its subsidiaries will
not be able to renew its existing insurance coverage as and when such policies expire; or (ii) the Parent, the Company or any of its subsidiaries will not be able to obtain reasonably
appropriate coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted. Neither of the Parent, the Company nor any of its subsidiaries has been
denied any insurance coverage material to its business which it has sought or for which it has applied. 

        (gg) The
Company maintains a system of accounting controls sufficient to provide reasonable assurances that (i) transactions are executed in accordance with
management's general or specific authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting
principles as applied in the United States and to maintain accountability for assets; (iii) access to assets is permitted only in accordance with management's general or specific authorization;
and (iv) the recorded accountability for assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any differences. 

        (hh) Except
as would not, individually or in the aggregate, result in a Material Adverse Change: neither the Parent, the Company nor any of its subsidiaries is in violation
of any federal, state, local or foreign law or regulation relating to pollution or protection of human health or the environment (including, without limitation, ambient air, surface water,
groundwater, land surface or subsurface strata) or wildlife, including without limitation, laws and regulations relating to emissions, discharges, releases or threatened releases of chemicals,
pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum and petroleum products (collectively, "Materials of Environmental
Concern"), or
otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of Materials of Environmental Concern (collectively,  "Environmental Laws"),
which violation includes, but is not limited to, noncompliance with any permits or other governmental authorizations required for
the operation of the business of the Parent, the Company or its subsidiaries under applicable Environmental Laws, or noncompliance with the terms and conditions thereof, nor has the Parent, the
Company or any of its subsidiaries received 

13

 

any
written communication, whether from a governmental authority, citizens group, employee or otherwise, that alleges that the Parent, the Company or any of its subsidiaries is in violation of any
Environmental Law; there is no claim, action or cause of action filed with a court or governmental authority, no investigation with respect to which the Parent, the Company or any of its subsidiaries
has received written notice, and no written notice by any person or entity has been received by the Parent, the Company or any of its subsidiaries alleging potential liability for investigation costs,
cleanup costs, governmental response costs, natural resources damages, property damages, personal injuries, attorneys' fees or penalties arising out of, based on or resulting from the presence, or
release into the environment, of any Material of Environmental Concern at any location owned, leased or operated by the Parent, the Company or any of its subsidiaries, now or in the past
(collectively, "Environmental Claims"), pending or, to the best of the Company's or the Guarantor's knowledge, threatened against the Parent, the
Company or any of its subsidiaries or any person or entity whose liability for any Environmental Claim the Parent, the Company or any of its subsidiaries has retained or assumed either contractually
or by operation of law; and to the best of the Company's or the Guarantor's knowledge, there are no past or present actions, activities, circumstances, conditions, events or incidents, including,
without limitation, the release, emission, discharge, presence or disposal of any Material of Environmental Concern, that reasonably could result in a violation of any Environmental Law by the Parent,
the Company or any of its subsidiaries or form the basis of a potential Environmental Claim against the Parent, the Company or any of its subsidiaries or against any person or entity whose liability
for any Environmental Claim the Parent, the Company or any of its subsidiaries has retained or assumed either contractually or by operation of law. 

        (ii)  The
Parent, the Company and its subsidiaries and any "employee benefit plan" (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the
regulations and published interpretations thereunder (collectively, "ERISA")) established or maintained by the Parent, the Company, its subsidiaries or
their "ERISA Affiliates" (as defined below) are in compliance in all material respects with ERISA. "ERISA Affiliate" means, with respect to the Company or a subsidiary, any member of any group of
organizations described in Section 414 of the Internal Revenue Code of 1986, as amended, and the regulations and published interpretations thereunder (the  "Code") of which the Company or such
subsidiary is a member. No "reportable event" (as defined under ERISA) has occurred or is reasonably expected to
occur with respect to any "employee benefit plan" established or maintained by the Parent, the Company, its subsidiaries or any of their ERISA Affiliates. No "employee benefit plan" established or
maintained by the Parent, the Company, its subsidiaries or any of their ERISA Affiliates, if such "employee benefit plan" were terminated, would have any "amount of unfunded benefit liabilities" (as
defined under ERISA). Neither the Parent, the Company, its subsidiaries nor any of their ERISA Affiliates has incurred or reasonably expects to incur any liability under Title IV of ERISA with respect
to termination of, or withdrawal from, any "employee benefit plan" or (ii) Sections 412, 4971, 4975 or 4980B of the Code. Each "employee benefit plan" established
or maintained by the Parent, the Company, its subsidiaries or any of their ERISA Affiliates that is intended to be qualified under Section 401 of the Code is so qualified and to the 

14

 

best
of the Company's or Guarantor's knowledge nothing has occurred, whether by action or failure to act, which would cause the loss of such qualification. 

        (jj)  Neither
the Parent, the Company, nor any of its subsidiaries, nor, to the best of the Company's knowledge, any employee or agent of the Parent, the Company or any
subsidiary has violated or is in violation of the Foreign Corrupt Practices Act. 

        (kk) The
Company has established and maintains disclosure controls and procedures (as such term is defined in Rule 13a-14 under the Exchange Act), which
(i) are designed to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to the Company's principal executive officer and its
principal financial officer by others within those entities, particularly during the periods in which the periodic reports required under the Exchange Act are being prepared, and (ii) are
effective in all material respects to perform the functions for which they were established. Based on the evaluation of the Company's disclosure controls and procedures described above, the Company is
not aware of (a) any significant deficiency in the design or operation of internal controls which could adversely affect the Company's ability to record, process, summarize and report financial
data or any material weaknesses in internal controls or (b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Company's internal
controls. Since the most recent evaluation of the Company's disclosure controls and procedures described above, there have been no significant changes in internal controls in other factors that could
significantly affect internal controls. 

        (ll)  The
Company has provided or made available to the Dealer Manager and counsel for the Dealer Manager true and correct copies of the Sprint Agreements. For purposes of
this letter, the term "Sprint Agreements" means the (1) Sprint PCS Management Agreement, dated as of October 15, 1998 and amended as of October 15, 1998, December 28, 1999,
February 14, 2000, April 5, 2000, June 6, 2000 and February 21, 2001 between Sprint Spectrum L.P., WirelessCo, L.P. and UbiquiTel Holdings, Inc., and any exhibits,
schedules or addendum thereto (the "Management Agreement"); (2) Sprint PCS Services Agreement, dated as of October 15, 1998, between Sprint Spectrum L.P. and UbiquiTel
Holdings, Inc. and any exhibits, schedules or addendum thereto: (3) Sprint Trademark and Service Mark License Agreement, dated as of October 15, 1998, between Sprint
Communications Company, L.P. and UbiquiTel Holdings, Inc. and any exhibits, schedules or addendum thereto; and (4) Sprint Spectrum Trademark and Service Mark License Agreement, dated as
of October 15, 1998, between Sprint Spectrum L.P. and UbiquiTel Holdings, Inc. and any exhibits, schedules or addendum thereto. 

        (mm)
Each of the Sprint Agreements (A) has been duly authorized, executed and delivered by, (B) constitutes the valid and binding obligation of and
(C) is enforceable in accordance with its terms against, the Company (subject, as to the enforcement of remedies, to applicable bankruptcy, reorganization, insolvency, moratorium or other laws
affecting creditors' rights generally from time to time in effect and to general principles of equity, and subject, as to enforcement or rights of indemnity and contribution, to 

15

 

applicable
principles of public policy). Assuming the due authorization, execution and delivery of each Sprint Agreement by any Related Party (as such term is defined in the Management Agreement) to
the extent each is a party thereto, each of the Sprint Agreements (X) constitutes the valid and binding obligation of and (Y) is enforceable in accordance with its terms against, each
such Related Party (subject, as to the enforcement of remedies, to applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting creditors' rights generally from time to time
in effect and to general principles of equity, and subject, as to enforcement or rights of indemnity and contribution, to applicable principles of public policy). No Event of Termination (as defined
in the Sprint Agreements) has occurred or is continuing that has not been waived or cured in accordance with the terms of any Sprint Agreement. 

        Any
certificate signed by an officer of the Company or the Guarantor and delivered to the Dealer Manager or to counsel for the Dealer Manager pursuant hereto shall be deemed to be a
representation and warranty by the Company or the Guarantor to the Dealer Manager as to the matters set forth therein. 

        (B)  The
Dealer Manager represents and warrants to the Company and the Guarantor, and agrees with the Company and the Guarantor, that the Dealer Manager will not solicit
offers for, or offer or sell, New Notes by any form of general solicitation or general advertising (as those terms are used in Rule 502(c) under the Securities Act) or in any manner involving a
public offering within the meaning of Section 4(2) of the Securities Act or by any directed selling efforts (within the meaning of Regulation S under the Securities Act) to any person
who the Dealer Manager does not reasonably believe to be (i) in the case of offers in the United States, a "qualified institutional buyer" within the meaning of Rule 144A under the
Securities Act or an institutional "accredited investor" (as defined in Rule 501(a)(1), (2), (3) and (7) under the Securities Act), or an "accredited investor" (as defined in
Rule 501(a)(4), (5) and (6) under the Securities Act), and (ii) in the case of offers outside the United States, a person who is not a "U.S. person" as defined in
Rule 902 of Regulation S under the Securities Act. 

        6.    Certain Agreements.    (A) The Company agrees with the Dealer Manager as follows: 

        (a)  All
representations and warranties of the Company and the Guarantor contained herein or in any certificate or writing delivered hereunder at all times during the
Exchange Offer shall be true and correct in all material respects. 

        (b)  Each
of the Company and the Guarantor at all times during the Exchange Offer shall have performed, in all material respects, all of its obligations hereunder required as
of such time to have been performed by it. 

        (c)  For
the period from the date of this Agreement up to and including the Closing Date, there shall not have occurred any Material Adverse Change, or any development that
could reasonably be expected to result in a Material Adverse Change, from that set forth in the Offering Documents that, in the Dealer Manager's judgment, 

16

 

makes
it impracticable to market the New Notes or to consummate the Exchange Offer on the terms and in the manner contemplated in the Offering Documents. 

                (B)    The
Company agrees that it shall not consummate the Exchange Offer unless the following conditions are satisfied or otherwise waived by the Dealer Manager: 

        (a)  On
the Closing Date, the Dealer Manager shall have received a certificate, dated as of the Closing Date, signed by an executive officer of the Company and the Guarantor,
confirming that no change or development to the effect set forth in Section 6(A)(c) above and certifying that the representations and warranties of the Company and the Guarantor set forth in
Section 5 of this Agreement are true and correct as of the Closing Date and that the Company and the Guarantor have complied with, or received waivers from the Dealer Manager with respect to,
all of the agreements and satisfied all of the conditions contained herein on their part to be performed or satisfied hereunder on or before the Commencement Date and the Closing Date, as applicable.
The officer signing and delivering such certificate may rely upon the best of his or her knowledge as to any proceedings threatened. 

        (b)  On
the Closing Date the Dealer Manager shall have received the favorable opinion of Greenberg Traurig, LLP, counsel for the Company and the Guarantor, dated as of the
Closing Date, substantially in the form of Exhibit A. The opinion of Greenberg Traurig, LLP shall be rendered to the Dealer Manager at the request of the Company and shall so state therein. 

        (c)  On
the Closing Date, the Dealer Manager shall have received the favorable opinion of Shearman & Sterling, counsel for the Dealer Manager, with respect to such
matters reasonably requested by the Dealer Manager, and the Company shall have furnished to such counsel such documents as they reasonably request for the purpose of enabling them to pass upon such
matters. 

        (d)  The
Dealer Manager shall have received such other documents and certificates as are reasonably requested by the Dealer Manager or its counsel. 

        7.    Covenants.    In further consideration of the Dealer Manager's agreements herein contained, the Company
covenants with the Dealer Manager as follows: 

        (a)  The
Company will furnish to the Dealer Manager and to counsel for the Dealer Manager, without charge, as many copies of the Offering Documents and any amendments and
supplements thereto as they may reasonably request. 

        (b)  Prior
to amending or supplementing the Offering Documents (including any amendment or supplement through incorporation by reference of any report filed under the
Exchange Act), the Company shall furnish to the Dealer Manager and its counsel for review at a reasonable time prior to filing a copy of each such proposed 

17

 

amendment
or supplement, and the Company shall not use any such proposed amendment or supplement to which the Dealer Manager or its counsel reasonably objects. 

        (c)  The
Company will advise you promptly of (i) the occurrence of any event which could cause the Company to withdraw or terminate the Exchange Offer or would permit
the Company to exercise any right not to exchange the New Notes for the tendered Old Notes, (ii) any proposal or requirement to make, amend or supplement the Offering Documents,
(iii) the issuance of any order or the taking of any other action by any administrative or judicial tribunal or other governmental agency or instrumentality which would delay, prevent or
adversely affect the Exchange Offer (and, if in writing, will furnish you a copy thereof), (iv) any Material Adverse Change, or any development which could reasonably be expected to have a
Material Adverse Change, and (v) any other information relating to the Exchange Offer which the Dealer Manager may from time to time reasonably request. 

        (d)  The
Company agrees that if any event occurs or condition exists as a result of which the Offering Documents would include an untrue statement of a material fact or omit
to state any material fact
necessary to make the statements therein, in the light of the circumstances when the Offering Documents are delivered to a holder of the Old Notes, not misleading, or if, in the opinion of the
Company, after consultation with the Dealer Manager, it is necessary at any time to amend or supplement the Offering Documents to comply with applicable law, the Company shall immediately notify the
Dealer Manager, prepare an amendment or supplement to the Offering Documents that will correct such statement or omission or effect such compliance, and supply such amended or supplemented Offering
Documents to the Dealer Manager without charge in such quantities as the Dealer Manager may reasonably request. 

        (e)  Prior
to the Closing Date, the Company and the Guarantor shall file, on a timely basis, with the Commission and NASDAQ all reports and documents required to be filed
under Section 13 or 15 of the Exchange Act. Additionally, if at any time prior to the Closing Date the Company is not still subject(voluntarily or otherwise) to the reporting requirements of
Section 13 or 15 of the Exchange Act, for the benefit of the holders and beneficial owners from time to time of the New Notes, the Company shall furnish, at its expense, upon request, to
holders and beneficial owners of the New Notes and prospective purchasers of the New Notes information ("Additional Issuer Information") satisfying the requirements of Rule 144A(d)(4) under the
Securities Act. 

        (f)    The
Company will cooperate with the Dealer Manager and use its best efforts to cause the New Notes to be accepted for clearance and settlement through the facilities of
DTC and settlement through the facilities of Clearstream and Euroclear. 

        (g)  The
Company agrees that it will not and will cause its affiliates not to make any offer or sale of securities of the Company of any class if, as a result of the doctrine
of "integration" referred to in Rule 502 under the Securities Act, such offer or sale would render invalid (for the purpose of the exchange of the New Notes for the Old Notes pursuant to the
Exchange Offer) the exemptions from the registration requirements 

18

 

of
the Securities Act provided by Section 4(2), Rule 144(A) and Regulation S thereof or otherwise. 

        (h)  The
Company will use commercially reasonable efforts to cause the New Notes to be eligible for the National Association of Securities Dealers, Inc. PORTAL market. 

        8.    Indemnification.    The Company and the Guarantor, jointly and severally, agree to indemnify and hold harmless
the Dealer Manager and its affiliates and officers, directors, employees, agents and each person, if any, who controls the Dealer Manager within the meaning of the Securities Act and the Exchange Act
(each a "Dealer Manager Indemnified Person") from and against any and all losses,
claims, damages, liabilities and expenses, joint or several, to which any such Dealer Manager Indemnified Person may become subject, arising out of or based upon (A) any untrue statement or
alleged untrue statement of a material fact contained in the Offering Documents or any of the documents incorporated by reference therein or in any amendment or supplement to any of the foregoing, or
the omission or alleged omission to state therein a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading,
(B) any breach by the Company of any representation or warranty or failure to comply with any of the agreements of the Company set forth in the Agreement, (C) any withdrawal,
termination, rescission or modification of, or failure to make or consummate, the Exchange Offer or to exchange any of the New Notes for the Old Notes (other than any claim by any Dealer Manager
Indemnified Person for the fee contemplated by Section 3(a) hereof) or (D) the transactions contemplated by the Agreement or the performance by the Dealer Manager thereunder, or any
claim, litigation, investigation or proceedings relating to the foregoing ( "Dealer Manager Proceedings") regardless of whether any of such Dealer
Manager Indemnified Persons is a party thereto, and to reimburse such Dealer Manager Indemnified Persons for any reasonable legal or other reasonable out-of-pocket expenses in
connection with investigating or defending, settling, compromising or paying for any of the foregoing; provided that the foregoing indemnification will
not, as to any Dealer Manager Indemnified Person, apply to losses, claims, damages, liabilities or expenses to the extent, but only to the extent, that they have resulted from (i) the gross
negligence or willful misconduct of such Dealer Manager Indemnified Person or (ii) from an untrue statement of a material fact or omission to state a material fact made in reliance upon and in
conformity with the information furnished in writing by or on behalf of the Dealer Manager expressly for inclusion in the Offering Documents. This indemnity agreement shall be in addition to any
liability which the Company or the Guarantor may otherwise have. 

        The
Company and the Guarantor shall not be liable for any settlement of any lawsuit, claim or proceeding effected without their written consent (which consent shall not be unreasonably
withheld or delayed), but if settled with such consent, the Company and the Guarantor, jointly and severally, agree, subject to the provisions of this Section 8, to indemnify the Dealer Manager
Indemnified Person from and against any loss, damage or liability by reason of such settlement. 

        The
Dealer Manager agrees to indemnify and hold harmless each of the Company and the Guarantor and their affiliates and officers, directors, employees, agents and each person, if any, 

19

 

who
controls the Company within the meaning of the Securities Act and the Exchange Act (each a "Company Indemnified Person") from and against any and
all losses, claims, damages, liabilities and reasonable expenses, joint or several, to which any such Company Indemnified Person may become subject arising out of or based upon the transactions
contemplated by the Agreement or the performance by the Dealer Manager thereunder, or any claim, litigation, investigation or proceedings relating to the foregoing ("Company
Proceedings") regardless of whether any of such Company Indemnified Persons is a party thereto, and to reimburse such Company Indemnified Persons for any reasonable legal or
other reasonable out-of-pocket expenses as they are incurred in connection with investigating or defending any of the foregoing, but only to the extent such losses, claims,
damages, liabilities or expenses have resulted from (i) the gross negligence or willful misconduct of the Dealer
Manager or (ii) an untrue statement of a material fact or omission to state a material fact made in reliance upon and in conformity with the information furnished in writing by or on behalf of
the Dealer Manager expressly for the inclusion in the Offering Documents. The Company acknowledges that the information furnished by the Dealer Manager (as described in clause (ii) of the
preceding sentence) refers solely to the identity, address and phone number of the Dealer Manager appearing on the front cover page and the back cover page of the Offering Memorandum. The terms
"Dealer Manager Indemnified Person" and "Company Indemnified Person" are herein collectively referred to as an "Indemnified Person" and the terms "Dealer Manager Proceedings" and "Company Proceedings"
are herein collectively referred to as "Proceedings." 

        The
Dealer Manager shall not be liable for any settlement of any lawsuit, claim or proceeding effected without its written consent (which consent shall not be unreasonably withheld or
delayed), but if settled with such consent, the Dealer Manager agrees, subject to the provisions of this Section 8, to indemnify the Company Indemnified Person from and against any loss, damage
or liability by reason of such settlement. 

        Promptly
after receipt by an Indemnified Person of notice of the commencement of any Proceedings, such Indemnified Person will, if a claim in respect thereof is to be made against the
Company, the Guarantor or the Dealer Manager, as the case may be, as indemnifying party (the "Indemnifying Party") for indemnification hereunder,
promptly notify such Indemnifying Party in writing of the commencement thereof; provided that (i) the omission so to notify the Indemnifying
Party will not relieve any Indemnifying Party from any liability which it may have hereunder except to the extent it has been materially prejudiced by such failure and (ii) the omission so to
notify such Indemnifying Party will not relieve it from any liability which it may have to such Indemnified Person independently of this Section 8. In case any such Proceedings are brought
against any Indemnified Person and it notifies the applicable Indemnifying Party of the commencement thereof, such Indemnifying Party will be entitled to participate therein, and, to the extent that
it may elect by written notice delivered to such Indemnified Person, to assume the defense thereof, with counsel reasonably satisfactory to such Indemnified Person; provided
that if the defendants in any such Proceeding include both such Indemnified Person and the Indemnifying Party and counsel to such Indemnified Person shall have reasonably
concluded that there may be legal defenses available to it which are different from or additional to those available to the Indemnifying Party, such Indemnified Person shall have the right to select
separate counsel to assert such legal defenses and to otherwise participate in the defense of such Proceedings on behalf of such Indemnified Person. Upon receipt of written notice from the 

20

 

Indemnifying
Party to such Indemnified Person of its election so to assume the defense of such Proceedings and approval by such Indemnified Person of counsel, the Indemnifying Party shall not be
liable to such Indemnified Person for expenses incurred by such Indemnified Person in connection with the defense thereof (other than reasonable costs of investigation) unless (i) such
Indemnified Person shall have employed separate counsel in connection with the assertion of legal defenses in accordance with the proviso to the next preceding sentence (it being understood, however,
that the Indemnifying Party shall not be liable for the expenses of more than one separate counsel, representing all the Indemnified Persons who are parties to such Proceedings, such counsel to be
designated in writing by a
majority of the Indemnified Persons who are parties to such Proceedings), (ii) the Indemnifying Party shall not have employed counsel reasonably satisfactory to such Indemnified Person to
represent such Indemnified Person within a reasonable time after notice of commencement of the Proceedings or (iii) the Indemnifying Party shall have authorized in writing the employment of
counsel for such Indemnified Person; and except that, if clause (i) or (iii) is applicable, such liability shall be only in respect of the counsel referred to in such clause (i)
or (iii). The Indemnifying Party shall not effect, without the prior written consent of the Indemnified Person (which consent shall not be unreasonably withheld or delayed), any settlement of any
pending or threatened proceeding unless such settlement includes an unconditional release from the party bringing such proceeding of such Indemnified Person and does not include a statement as to or
an admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person. 

        If
for any reason the foregoing indemnification is unavailable to any Indemnified Person or insufficient to hold it harmless, then each applicable Indemnifying Party shall contribute to
the amount paid or payable by such Indemnified Person as a result of such loss, claim, damage, liability or expense in such proportion as is appropriate to reflect not only the relative benefits
received by the Indemnifying Party on the one hand and such Indemnified Person on the other hand, but also the relative fault of Indemnifying Party on the one hand, and such Indemnified Person, on the
other hand, as well as any relevant equitable considerations. It is hereby agreed that the relevant benefits to the Company (including its affiliates, officers, directors, employees, agents and
controlling persons) on the one hand and the Dealer Manager (including its affiliates, officers, directors employees, agents and controlling persons) on the other hand shall be deemed to be in the
same proportion as (i) the aggregate principal amount of the New Notes outstanding bears to (ii) the aggregate Fee paid or proposed to be paid to the Dealer Manager pursuant to
Section 3(a) of this Agreement. The relative fault of the Company and the Guarantor (including their respective affiliates, officers, directors, employees, agents and controlling persons) on
the one hand and the Dealer Manager (including its affiliates, officers, directors, employees, agents and controlling persons) on the other hand relating to an untrue or alleged untrue statement of
material fact or the omission or alleged omission to state a material fact shall be determined by reference to, among other things, the extent to which the untrue or alleged untrue statement of a
material fact or the omission or alleged omission to state a material fact is based upon information supplied by, or on behalf of the Company, the Guarantor and their respective affiliates or the
Dealer Manager and its affiliates, and the parties' relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

        The
provisions set forth in the immediately preceding paragraph with respect to notice of commencement of any action shall apply if a claim for contribution is to be made under this 

21

 

Section 8;
provided, however, that no additional notice shall be required with respect to any action for which notice has been given under the immediately preceding paragraph for purposes of
indemnification. 

        The
Company, the Guarantor and the Dealer Manager agree that it would not be just and equitable if contribution pursuant to this Section 8 were determined by pro rata allocation
or by any other method of allocation that does not take account of the equitable considerations referred to in this Section 8. 

        The
indemnity, reimbursement and contribution obligations of an Indemnifying Party under this Section 8 shall be in addition to any liability which such Indemnifying Party may
otherwise have to an Indemnified Party, and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of such Indemnifying Party and any such
Indemnified Person. Notwithstanding the foregoing, in no event shall the Dealer Manager be liable under this Section 8 in an amount in excess of the Fee actually received by the Dealer Manager
pursuant to Section 3(a) of this Agreement. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution
from any person who was not guilty of such fraudulent misrepresentation. 

        9.    Confidentiality.    The Dealer Manager shall use all information provided to it by or on behalf of the Company
hereunder solely for the purpose of providing the services which are the subject of this Agreement and the transactions contemplated hereby and shall treat confidentially all such information;  provided that nothing herein shall prevent the Dealer Manager from disclosing any such information (i) pursuant to the order of any court or
administrative or similar proceeding, (ii) upon the request of any governmental agency or regulatory authority having jurisdiction over the Dealer Manager or any of its affiliates,
(iii) to the extent that such information becomes publicly available other than by reason of disclosure by the Dealer Manager or its Representatives (as defined below) in violation of this
Section 9, (iv) to its employees, legal counsel, independent auditors, affiliates and other experts or agents who need to know such information and are informed of the confidential
nature of such information, and agree to maintain the confidentiality of such information (collectively "Representatives"), and (v) in the Offering Documents. The Dealer Manager shall be
responsible for compliance by any such disclosee with this Section 9. With respect to clause (i) or (ii) above, prior to making any such disclosure, the Dealer Manager shall
promptly notify the Company of such order or request and use commercially reasonable efforts to cooperate with the Company, at the Company's expense, in seeking a protective order or taking such
action as the Company may reasonably request consistent with applicable law. 

        10.    Survival.    The agreements contained in Sections 3(b), 8 and 9 hereof shall remain operative and in full
force and effect, regardless of (i) any failure to commence, or the withdrawal, termination or consummation of, the Exchange Offer or the termination or assignment of this Agreement,
(ii) any investigation made by or on behalf of the Company or any Indemnified Person and (iii) any withdrawal by the Dealer Manager or the Company pursuant to Section 2 hereof;
provided, that the representations and warranties of the Company and the Guarantor and the Dealer Manager set forth in Section 5 hereof shall survive consummation of the Exchange Offer. 

22

 

        11.    No Liability for Acts of Dealers, Banks and Trust Companies.    The Dealer Manager shall have no liability to
the Company, the Guarantor or any other person for any losses, claims, damages, liabilities
and expenses (each a "Loss" and collectively, the "Losses") arising from any act or omission on the part
of any broker or dealer in securities (a "Dealer") or any bank or trust company, or any other person, and neither the Dealer Manager nor any of its
affiliates shall be liable for any Losses arising from its own acts or omissions in performing its obligations as Dealer Manager or as a Dealer hereunder or otherwise in connection with the Exchange
Offer, except for any such Losses (i) arising out of any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with information furnished
in writing by or on behalf of the Dealer Manager expressly for inclusion in the Offering Documents or (ii) which are finally judicially determined to have resulted from the Dealer Manager's or
any of its affiliates' gross negligence or willful misconduct. In soliciting or obtaining tenders of Old Notes, no Dealer, bank or trust company shall be deemed to be acting as the agent of the
Company or any of its affiliates, and the Dealer Manager shall not be deemed to be the agent of any Dealer, bank or trust company or the agent or fiduciary of the Company or any of its affiliates,
equity holders, creditors or of any other person. In soliciting or obtaining tenders of Old Notes, the Dealer Manager shall not be nor shall the Dealer Manager be deemed, for any purpose, to act as
partners or joint venturers of or members of a syndicate or group with the Company or any of its affiliates in connection with the Exchange Offer or otherwise, and neither the Company nor any of its
affiliates shall be deemed to act as the Dealer Manager's respective agents. The Company shall have sole authority for the acceptance or rejection of any and all tenders of Old Notes. 

        12.    Governing Law Jurisdiction and Judgment Currency.    This Agreement shall be governed by and construed in
accordance with the laws of the State of New York applicable to contracts to be performed wholly within the State of New York. Any litigation based hereon, or arising out of, or in connection with
this Agreement, the Exchange Offer or any related matter shall be brought and maintained exclusively in the courts of the State of New York and the parties hereby expressly and irrevocably submit to
the jurisdiction of such courts. All judgments arising from such litigation or settlements related thereto shall be paid in United States Dollars. 

        13.    Notices.    Except as otherwise expressly provided in this Agreement, whenever notice is required by the
provisions of this Agreement to be given to (i) the Company or the Guarantor, such notice shall be in writing addressed to UbiquiTel Inc., One West Elm Street, Suite 400, Conshohocken,
PA 19428, facsimile number: (610) 832-1076, Attention: Patricia E. Knese, Esq. and (ii) the Dealer Manager, such notice shall be in writing addressed to Banc of America
Securities LLC, Bank of America Corporate Center, 100 North Tryon Street, Seventh Floor, Charlotte, North Carolina 28255, facsimile number: (704) 388-0830, Attention: Andrew Karp. 

        14.    Miscellaneous.    This Agreement, together with the portion of the Engagement Letter expressly referenced
herein, contain the entire agreement between the parties relating to the subject matter hereof and supersedes all oral statements and prior writings with respect thereto. This Agreement may not be
amended or modified except by a writing executed by each of the parties hereto. Section headings herein are for convenience only and are not a part of this Agreement. 

23

 

        (a)  This
Agreement is solely for the benefit of the Company, the Guarantor and the Dealer Manager, and no other person (except for Indemnified Persons, to the extent set
forth in Section 8 hereof) shall acquire or have any rights under or by virtue of this Agreement. 

        (b)  The
Dealer Manager may (subject to Section 9 hereof) share any information or matters relating to the Company, the Guarantor or the Exchange Offer, and the
transactions contemplated hereby with its affiliates, and such affiliates may likewise share information relating to the Company with the Dealer Manager; provided,
however, that the Dealer Manager will not, and will ensure its employees and affiliates do not, share any such information with any of its or its affiliates' employees on the
public side of the Dealer Manager's information wall. The Dealer Manager shall be responsible for compliance by its affiliates with Section 9 hereof. 

        (c)  If
any term, provision, covenant or restriction contained in this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable or against
public policy, the remainder of the terms, provisions, covenants and restrictions contained herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated. The
Company and the Dealer Manager shall endeavor in good faith negotiations to replace the invalid, void or unenforceable provisions with valid provisions, the economic effect of which comes as close as
possible to that of the invalid, void or unenforceable provisions. 

        (d)  This
Agreement may be executed in counterparts, each of which will be deemed an original, but all of which, taken together, will constitute one and the same instrument. 

24

   
        Please indicate your willingness to act as the Dealer Manager on the terms set forth herein and your acceptance of the foregoing provisions by signing in the space provided below for
that purpose and returning to us a copy of this letter, whereupon this letter shall constitute a binding agreement between us. 

	 	 	Very truly yours,
	

 	
 	

UBIQUITEL OPERATING COMPANY

	

 	
 	

By:	

 
	 	 	 	
 Name: Donald Harris

Title: President & Chief Executive Officer
	

 	
 	

UBIQUITEL INC.
	

 	
 	

By:	

 
	 	 	 	
 Name: Donald Harris

Title: President & Chief Executive Officer
	

 	
 	

VIA HOLDING INC.
	

 	
 	

By:	

 
	 	 	 	
 Name: Donald Harris

Title: President & Chief Executive Officer
	

 	
 	

VIA WIRELESS LLC
	

 	
 	

By:	

 
	 	 	 	
 Name: Donald Harris

Title: President & Chief Executive Officer
	

 	
 	

VIA BUILDING, LLC
	

 	
 	

By:	

 
	 	 	 	
 Name: Donald Harris

Title: President & Chief Executive Officer

25

 

	

Accepted and agreed to as of the date

first written above:	
 	

 	
 	

 
	

BANC OF AMERICA SECURITIES LLC	
 	

 	
 	

 
	

By:	
 	

 	
 	

 	
 	

 
	 	 	
 Name: Andrew C. Karp

Title: Managing Director	 	 	 	 

26

 
 

SCHEDULE A
  LIST OF SUBSIDIARIES    
  

VIA
Holding Inc.

VIA Wireless LLC

VIA Building, LLC

UbiquiTel Leasing Company 

QuickLinks

SCHEDULE A LIST OF SUBSIDIARIESEXHIBIT
10.15

 

LATITUDE COMMUNICATIONS,
INC.

SEPARATION AGREEMENT AND
RELEASE

This
Separation Agreement and Release (“Agreement”) is made by and between Latitude
Communications, Inc., a Delaware corporation (the “Company”), and Eric Lee (“Employee”).  The Company and Employee have mutually
agreed to terminate the existing employment relationship and Employee has
agreed to release the Company from any claims arising from or related to the
employment relationship.  In consideration
of the mutual promises made herein, the Company and Employee (collectively
referred to as the “Parties”) hereby agree as follows:

1.             Termination of Employment.  Employee and the Company acknowledge and
agree that Employee’s employment as Vice President, Worldwide Sales of the
Company terminated effective as of the close of business on September 6, 2002
(the “Termination
Date”).  On such date, the
Company paid Employee for (a) all salary, other than commissions, owed through
the Termination Date (subject to applicable tax withholding), and (b) all
accrued but unused vacation and floating days of Employee at Employee’s final
rate of pay (subject to applicable tax withholding).

2.             Consideration.  In consideration for the release of claims
set forth below and other obligations under this Agreement, and provided
this Agreement is signed by Employee and not revoked under Section 5 below, the
Company agrees to provide the following severance benefits to Employee
following the Effective Date of this Agreement:

(a)           The
Company shall pay Employee, on the Effective Date, a lump sum payment equal to
4.5 months of his final base rate of salary, reduced by applicable tax
withholding.  Payment will be available
for Employee pick-up by close of the applicable business day, or will be sent
for next available day delivery (at the Employee’s choice).

(b)           The
Company shall pay Employee, on the Effective Date, all commissions owed
Employee through the Termination Date, reduced by applicable tax withholding.

(c)           In
accordance with the terms of the Promissory Note Agreement executed between the
Employee and Company, effective July 16, 2001, the Company will forgive (and
report as income) the entire outstanding balance of principal and interest on
the Promissory Note Agreement, as of the Termination Date.  The Company will reduce the amounts owed to
Employee as set forth in Section 2(a) by any amounts that must be withheld as a
result of the forgiveness described in this Section 2(b).

(d)           If
Employee timely and accurately elects to continue his current plan elections
for group health, dental and vision insurance benefits under COBRA, the Company
agrees to pay the applicable COBRA premiums for himself and his currently
enrolled dependents until the earlier of 
June 30, 2003 or the date on which Employee becomes eligible for
insurance coverage from another employer. 
Employee is required to notify the Company within five (5) business days
of the date on or before June 30, 2003, on which he becomes eligible for other
insurance.

 

 

(e)           Between
the Termination Date and December 31, 2002, the Company will continue to
provide Employee with a voicemail box on its voicemail system and an email
account on its email system; provided, however, that (A) Employee’s use of the
voicemail and email systems shall be appropriate and in accordance with the
Company’s policies and (B) any outgoing voicemail greeting or message does not
articulate a continuing employment relationship with the Company.

(f)            Employee
will be permitted to retain possession of the laptop computer, previously
issued to him by the Company, in order to access his email account as noted in
Section 2(d).  Employee explicitly
acknowledges and agrees that he is obligated to return the computer and all of
its accessories to the Company on or before November 15, 2002 and that he is
fully financially responsible for any loss of or damage to the computer
following the Termination Date.

3.             No Other Payments Due.
Employee acknowledges and agrees that, as of the Termination Date, Employee has
received all salary, accrued vacation, commissions, bonuses, compensation or
other such sums due to Employee as of the Termination Date other than amounts,
if any, to be paid after the Termination Date pursuant to this Agreement.  As of the Termination Date, in light of the
payment to be made by the Company of all wages due, or to become due to
Employee, the Parties further acknowledge and agree that California Labor Code
Section 206.5 is not applicable to the Parties hereto.  That section provides in pertinent part as
follows:

NO EMPLOYER SHALL REQUIRE
THE EXECUTION OF ANY RELEASE OF ANY CLAIM OR RIGHT ON ACCOUNT OF WAGES DUE, OR
TO BECOME DUE, OR MADE AS AN ADVANCE ON WAGES TO BE EARNED, UNLESS PAYMENT OF
SUCH WAGES HAS BEEN MADE.

4.             Release of Claims. In
consideration for the obligations of the Company set forth in this Agreement,
Employee, on behalf of himself and his heirs, executors, administrators and
assigns, hereby fully and forever releases the Company and its current and
former officers, directors, employees, investors, stockholders, administrators,
attorneys, predecessor and successor corporations and assigns, of and from any
claim, duty, obligation or cause of action relating to any matters of any kind,
whether presently known or unknown, suspected or unsuspected, that he may possess
arising from any omissions, acts or facts that have occurred up until and
including the date of this Agreement including, without limitation:

(a)           any and all claims relating to or
arising from Employee’s employment relationship with the Company and the
termination of that relationship, including but not limited to any claims for
wages, salary, bonus, compensation, deferred compensation, or other cash
payments;

(b)           any and all claims relating to, or
arising from, Employee’s right to purchase, or actual purchase of shares of the
capital stock of the Company;

(c)           any and all claims for wrongful
discharge of employment; breach of contract, both express and implied; breach
of a covenant of good faith and fair dealing, both express and implied;
negligent or intentional infliction of emotional distress; negligent or
intentional misrepresentation; negligent or 

 

-2-

 

intentional interference with contract or prospective
economic advantage; negligence; and defamation;

(d)           any and all claims for violation of
any federal, state or municipal statute, including, but not limited to,
Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991,
the Age Discrimination in Employment Act of 1967, the Americans with
Disabilities Act of 1990, the California Fair Employment and Housing Act, Labor
Code Section 1197.5, and any family and medical leave acts;

(e)           any and all claims arising out of any
other laws and regulations relating to employment or employment discrimination;
and

(f)            any and all claims for attorneys’
fees and costs.

Employee
agrees that the release set forth in this Section 4 shall be and remain in
effect in all respects as a complete general release as to the matters
released.  This release does not extend
to any obligations incurred or specified under this Agreement.

5.             Acknowledgment of Waiver of Claims
under ADEA.  Employee
acknowledges that he is waiving and releasing any rights he may have under the
Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver
and release is knowing and voluntary. 
Employee and the Company agree that this waiver and release does not
apply to any rights or claims that may arise under ADEA after the Effective
Date (as defined in Section 17 below) of this Agreement.  Employee acknowledges that the consideration
given for this waiver and release Agreement is in addition to anything of value
to which Employee was already entitled. 
Employee further acknowledges that he has been advised by this writing
that (a) he should consult with an attorney prior to executing this
Agreement; (b) he has at least twenty-one (21) days within which to consider
this Agreement; (c) he has seven (7) days following his execution of this
Agreement to revoke the Agreement (the “Revocation Period”).  This Agreement shall not be effective until
the Revocation Period has expired.

6.             Civil Code Section 1542.
Employee represents that he is not aware of any claim by him other than the
claims that are released by this Agreement. 
Employee acknowledges that he has been advised by legal counsel and is
familiar with the provisions of California Civil Code Section 1542, which
provides as follows:

A GENERAL RELEASE DOES
NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN
HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE
MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.

Employee,
being aware of said Code section, agrees to expressly waive any rights he may
have thereunder, as well as under any other statute or common law principles of
similar effect.

7.             Confidentiality.  The Parties each agree to use their best
efforts to maintain in confidence the existence of this Agreement, the contents
and terms of this Agreement, and the consideration for this Agreement
(hereinafter collectively referred to as “Settlement 

-3-

 

Information”), except as provided herein.  Each Party hereto agrees to take every
reasonable precaution to prevent disclosure of any Settlement Information to
third parties, and each agrees that there will be no publicity, directly or
indirectly, concerning any Settlement Information.  The Parties hereto agree to take every precaution to disclose
Settlement Information only to those employees, officers, directors, attorneys,
accountants and other service professionals, and governmental entities who have
a reasonable need to know of such Settlement Information.

8.             Nondisclosure
of Confidential and Proprietary Information. Employee understands
and agrees that his obligations to the Company under his existing Confidential
Information and Invention Assignment Agreement between Employee and the Company
(the “Confidentiality
Agreement”) shall survive termination of his employment with the
Company.  Employee warrants that at all
times in the past he has been, and agrees that at all times hereafter he shall
continue to be, in compliance with his obligations to maintain the
confidentiality of all confidential and proprietary information of the Company
as provided by the Confidentiality Agreement and applicable law.  Employee expressly agrees that he shall not
intentionally divulge, furnish or make available to any party any of the trade
secrets, patents, patent applications, price decisions or determinations,
marketing plans, business plans, product plans, inventions, customers,
proprietary information or other intellectual property of the Company, until
after such time as such information has become publicly known otherwise than by
act of collusion of Employee. Employee acknowledges that, as a condition to his
receipt of severance, he must return all of the Company’s property and
confidential and proprietary information in his possession to the Company on or
before the Effective Date of this Agreement, other than as explicitly set forth
in Section 2(d).

 

9.             Non-Disparagement.
Each Party agrees to refrain from any disparagement, criticism, defamation,
slander of the other, or tortious interference with the contracts and
relationships of the other.  Employee
agrees that he shall continue to conduct himself in a professional manner that
is supportive of the business of the Company.

10.           Authority.  The Company represents and warrants that the undersigned has the
authority to act on behalf of the Company and to bind the Company and all who
may claim through it to the terms and conditions of this Agreement.  Employee represents and warrants that he has
the capacity to act on his own behalf and on behalf of all who might claim
through him to bind them to the terms and conditions of this Agreement.  Each Party warrants and represents that
there are no liens or claims of lien or assignments in law or equity or
otherwise of or against any of the claims or causes of action released herein.

11.           No Representations.  Neither Party has relied upon any
representations or statements made by the other Party hereto which are not
specifically set forth in this Agreement.

12.           Severability.  In the event that any provision hereof becomes or is declared by
a court or other tribunal of competent jurisdiction to be illegal,
unenforceable or void, this Agreement shall continue in full force and effect
without said provision.

13.           Forum. Each of the parties to this
Agreement consents to the exclusive jurisdiction and venue of the courts of the
state and federal courts located in Santa Clara County, California.

-4-

 

14.           Entire Agreement.  This Agreement and the Confidentiality
Agreement represents the entire agreement and understanding between the Company
and Employee concerning Employee’s separation from the Company, and supersedes
and replaces any and all prior agreements and understandings concerning the
termination of Employee’s relationship with the Company.

15.           No Oral Modification.  This Agreement may only be amended in
writing signed by Employee and the Company.

16.           Governing Law.  This Agreement shall be governed by the laws
of the State of California, without regard to its conflicts of law provisions.

17.           Effective Date.  This Agreement is effective upon expiration
of the Revocation Period described in Section 5 and such date is referred to
herein as the “Effective Date.”

18.           Counterparts.  This Agreement may be executed in counterparts, and each coun­terpart
shall have the same force and effect as an original and shall constitute an
effective, binding agreement on the part of each of the undersigned.

19.           Assignment.  This Agreement may not be assigned by Employee or the Company
without the prior written consent of the other party.  Notwithstanding the foregoing, this Agreement may be assigned by
the Company to a corporation controlling, controlled by or under common control
with the Company without the consent of Employee.

20.           Voluntary Execution of Agreement.  This Agreement is executed voluntarily and
without any duress or undue influence on the part or behalf of the Parties
hereto, with the full intent of releasing all claims as set forth herein.  The Parties acknowledge that:

(a)           they have read this Agreement;

(b)           they have been represented in the
preparation, negotiation, and execution of this Agreement by legal counsel of
their own choice or that they have voluntarily declined to seek such counsel;

(c)           they understand the terms and
consequences of this Agreement and of the releases it contains; and

(d)           they are fully aware of the legal and
binding effect of this Agreement.

-5-

 

IN
WITNESS WHEREOF, the Parties have executed this Separation Agreement and
Release on the respective dates set forth below.

 

 

	
   

  	
  Latitude Communications, Inc.

  	
   

  
	
   

  	
   

  	
   

  
	
  Dated as of September 17, 2002

  	
  By:

  	
  /s/  Emil Wang

  	
   

  
	
   

  	
   

  	
  Chief Executive Officer

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ERIC LEE, an individual

  	
   

  
	
   

  	
   

  	
   

  
	
  Dated as of September 17, 2002

  	
  By 

  	
  /s/  Eric Lee

  	
   

  

 

 

 

 

-6-

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