Document:

Secondment Agreement between Vodafone Americas Inc. and Cellco Partnership

 Exhibit 10.1 

SECONDMENT AGREEMENT 

DATE OF ASSIGNMENT: November 15, 2010 (Effective Date) 

PARTIES: 
  

	(1)	 VODAFONE AMERICAS INC., a corporation duly organized and existing under the laws of the State of Delaware, having its principal place of
business at 999 18th Street, Suite 1750, Denver, Colorado
80202 USA (“Vodafone”); and 

  

	(2)	CELLCO PARTNERSHIP (d/b/a “Verizon Wireless”), a general partnership duly organized and existing under the laws of the State of Delaware, having its
principal place of business at One Verizon Way, Basking Ridge, New Jersey 07920 (“Secondment Company”). 

RECITALS: 
  

	(A)	Vodafone has agreed to provide to the Secondment Company the services of the Employee on and subject to the terms of this Agreement (the “Secondment”).

  

	(B)	Unless otherwise defined in this Agreement, capitalized words and expressions herein shall bear the meanings given in Schedule 1. 

IT IS AGREED, as follows: 
  

	1	The Services 

  

	 	1.1	Vodafone hereby agrees to make available to the Secondment Company the services of the Employee, with effect on and from the Effective Date for the Secondment Period,
as set out in Schedule 1. 

  

	 	1.2	Nothing in this Agreement shall be construed at any time to mean that the Employee is an employee of the Secondment Company or that an employer-employee relationship
exists between the Secondment Company and the Employee. 

  

	 	1.3	The Secondment Company shall provide reasonable co-operation, information, data and support as necessary to enable the Employee to perform the services referred to in
Schedule 2. 

  

	 	1.4	Vodafone shall have the right at any time without notice and (other than for personal injury or death caused by negligence) without liability to suspend the provision
of services by the Employee during the period of any breach by the Secondment Company (including without limitation any failure to pay any sums when due) of the terms of this Agreement or the relevant Secondment Agreement or for any temporary
incapacity of the Employee, or during any period of annual leave of the Employee previously agreed with the Secondment Company, but such suspension shall not affect the Secondment Company’s obligations under Clause 2. 

 

	2	Financial Provisions and Tax 

  

	 	2.1	 In consideration of Vodafone making available to the Secondment Company the services of the Employee in accordance with Clause 1, the Secondment

  

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Company will pay to Vodafone the Secondment Fee. The Secondment Fee will be calculated as set out in Schedule 1. All payments by the Secondment Company under this Agreement shall be made without
set-off or counterclaim or condition, and otherwise in accordance with this Agreement. 

  

	 	2.2	Notwithstanding the foregoing, the Secondment Company agrees with Vodafone (for itself and on behalf of the Employee) that the following costs included in the
Secondment Fee shall either be paid directly by the Secondment Company to the applicable third parties entitled to payment for their provision of goods and/or services relating to such costs, or, in the event that the Employee has paid for such
costs, reimbursed to the Employee by the Secondment Company: 

  

	 	2.2.1	the additional costs and expenses incidental to the Secondment as referred to in Schedule 1, under “Secondment Company Costs”; 

 

	 	2.2.2	all costs and expenses of business travel required to be undertaken by the Employee in performing the services pursuant to this Agreement, as reasonably incurred by the
Employee during the Secondment Period and in accordance with the Secondment Company’s policies and regulations in this regard as notified by the Secondment Company to Vodafone and the Employee from time to time. 

 

	 	2.3	Vodafone will invoice the Secondment Company for the amounts referred to in Clause 2.1 in arrears and at the intervals agreed between Vodafone and the Secondment
Company from time to time. 

  

	 	2.4	If this Agreement is terminated by mutual agreement for any reason, the parties shall bear severance payments as follows: 

 

	 	2.4.1	Vodafone and Secondment Company shall each bear 50% of severance payments up to an amount equal to 12 months total of compensation (as compensation is calculated under
the laws of the United States and New Jersey.) Vodafone shall be responsible for any additional severance claimed under the laws of the United States and New Jersey if such claim is based either upon an actual or alleged employee agreement with
Vodafone, or upon the Employee’s length of service with Vodafone and its affiliates (not including service with Secondment Company). 

  

	 	2.4.2	Secondment Company shall be responsible for any additional severance claimed under the relevant laws of the United States and New Jersey if such claim is based either
upon an actual or alleged employee agreement with Secondment Company, or upon the Employee’s length of service (including secondment periods) with Secondment Company and its affiliates. 

 

	 	2.4.3	Secondment Company shall not, however, be liable for any severance or separation pay to the Employee if, while in the employ of Vodafone, the Employee is repatriated.

  

	 	2.5	If this Agreement is unilaterally terminated by either Vodafone or the Secondment Company, the terminating party shall be solely responsible for bearing all severance
or separation pay due to the Employee. 

  

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	 	2.6	Payment by the Secondment Company of undisputed invoices referred to in Clause 2.3 is due within 45 days of the date of invoice unless otherwise agreed between the
Secondment Company and Vodafone or the Employee as the case may be. Payment shall be made in such currency as may be agreed between the Secondment Company and Vodafone from time to time. All invoices for reimbursement of expenses shall include
backup documentation to substantiate the invoice amounts. 

  

	 	2.7	If the Secondment Company fails to pay any amount payable by it under this Agreement on its due date, interest shall accrue on the overdue amount from the due date up
to the date of actual payment (both before and after judgment) at the Default Rate, as referred to in Schedule 1, which shall be an arm’s length rate as determined by Vodafone. 

 

	 	2.8	Vodafone shall use reasonable efforts to ensure that Value Added Tax (“VAT”) or such similar taxes that may be payable in the territory of Vodafone shall not
be chargeable in respect of the services to be provided under this Agreement. In the event that VAT or similar taxes shall be chargeable on the services, by reason of a secondment agreement between Vodafone and Vodafone Group Services Limited
(“VGSL”) providing for the services of the Employee, the Secondment Company shall pay to Vodafone, on production of a valid invoice, such VAT or similar tax as is required by the relevant tax authorities to be accounted for by Vodafone or
VGSL. 

  

	 	2.9	In the event that the Employee is entitled to reimbursement by Vodafone of some or all of the income or salary taxes imposed on his/her salary and benefits in kind and
payable by the Employee, such reimbursement shall be treated as additional employee related costs of Vodafone. 

  

	 	2.10	Each payment to be made by the Secondment Company hereunder shall be made free and clear of and without deduction of or withholding for or on account of tax, subject to
Clause 2.9. The Secondment Company and Vodafone shall use reasonable efforts to ensure that withholding tax or such similar taxes that may be payable in the territory of the Secondment Company shall not be chargeable in respect of the services
provided under this Agreement and, should the prevailing taxation treaty between the respective territories of the Secondment Company and VGSL permit payments for such services to be made free of withholding tax, the parties shall use their
respective reasonable endeavours to obtain an exemption certificate from the relevant tax authority as soon as reasonably practicable. In the event that US tax income withholding is required on Vodafone’s payment to VGSL, under a secondment
agreement covering the Employee, Vodafone shall invoice such withholding tax to the Secondment Company. 

  

	 	2.11	If the Secondment Company is required by law to make any payment hereunder subject to the deduction or withholding of tax: 

 

	 	2.11.1	the Secondment Company shall provide to Vodafone such information as Vodafone shall reasonably require in order to substantiate the Secondment Company’s claim to
be entitled to make the deduction or withholding as aforesaid; and 

  

	 	2.11.2	 the Secondment Company shall pay such moneys deducted or withheld to the appropriate body within the appropriate time and shall forthwith provide to
Vodafone the relevant tax receipt certificate or 

  

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such other documentation as shall prove to the reasonable satisfaction of Vodafone that such tax has been paid; and 

 

	 	2.11.3	Vodafone shall use its best endeavours to obtain, under the domestic taxation legislation of the territory of Vodafone, a tax credit or deduction in respect of the tax
deducted or withheld; and 

  

	 	2.11.4	to the extent that Vodafone does not receive a tax credit or deduction (as referred to in Clause 2.11.3 in respect of such deduction or withholding of tax), the amount
of the payment due from the Secondment Company shall be increased to an amount which after making any such deduction or withholding leaves an amount equal to the payment which would have been due if no deduction or withholding had been required.

  

	 	2.12	The Secondment Company shall co-operate with Vodafone in Vodafone’s tax planning and compliance in relation to the matters contemplated in this Agreement including
but not limited to, securing and delivering to Vodafone receipts and government approvals or other documents related to any payments made pursuant to the terms of this Agreement as may reasonably be requested by Vodafone from time to time.

  

	3	Obligations of the Parties 

  

	 	3.1	Vodafone and the Secondment Company shall retain and pay for their own respective immigration legal counsel, which counsel shall work together to obtain for the
Employee at the commencement of the Secondment Period an entry visa of the type specified in Schedule 1 and any relevant work permits. Thereafter, the Secondment Company shall be responsible at its own cost for obtaining any further change,
amendment, renewal or the like to the Employee’s visa and relevant work permits. 

  

	 	3.2	Vodafone shall commit that, if so required by the Secondment Company, the Employee will sign an appropriate confidentiality agreement with the Secondment Company prior
to performing any services for the Secondment Company pursuant to this Agreement. 

  

	 	3.3	The Secondment Company shall take all reasonable precautions for the health and safety of the Employee during the Secondment Period. 

 

	4	Relationship of the Parties 

The parties are independent contractors under this Agreement and no other relationship is intended, including a partnership, franchise,
joint venture, agency, Vodafone-employee, or master/servant relationship. Neither party shall act in a manner that expresses or implies a relationship other than that of independent contractor, or bind the other party. The parties shall act in good
faith at all times to each other. 
  

	5	Force Majeure 

  

	 	5.1	 Neither party will be liable for any delay in meeting or for failure to meet its obligations under this Agreement due to any cause outside of its
reasonable control including, without limitation, strikes, lockouts, Acts of God or acts of 

  

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the public enemy, war, riot, malicious acts of damage, fire or acts of governmental authority (each a “Force Majeure Event”). 

 

	 	5.2	In the event either party is prevented from meeting its obligations due to any Force Majeure Event, it will notify the other party of the circumstances and use its
reasonable endeavours promptly to remove the cause of the Force Majeure Event or the effects thereof and, pending resumption of its performance, shall keep the other party informed of developments. Where practicable, the other party will grant a
reasonable extension of time to enable the performance of the obligations affected by the Force Majeure Event. 

  

	6	Limitation of Liability 

  

	 	6.1	Save as specifically provided in this Agreement, neither party, nor its employees, agents, officers or directors, will be liable to the other party in contract, tort
(including negligence and breach of statutory duty) or otherwise at all, and whatever the cause, for any loss of profit, business contracts, revenues or anticipated savings, or for any special, indirect or consequential damages of any nature at all
arising as a result of this Agreement, other than for personal injury or death caused by negligence, to the extent permitted by law, even if the other party has been advised of such loss or damage. 

 

	 	6.2	Vodafone shall not be liable to the Secondment Company in respect of any act or omission of the Employee that is carried out or omitted to be carried out on the
instructions of the Secondment Company. 

  

	 	6.3	Subject to Clauses 6.1 and 6.2, the liability of Vodafone in relation to any Employee howsoever arising, whether in contract, tort (including negligence and breach of
statutory duty) or otherwise at all and whatever the cause (including any act or omission of the Employee) shall not exceed the aggregate amount of the Secondment Fee paid in respect of the Employee. 

 

	 	6.4	Save as specifically provided in this Agreement, any condition or warranty that might otherwise be implied or incorporated within this Agreement by reason of statute or
common law or otherwise is hereby expressly excluded. 

  

	7	Confidentiality 

  

	 	7.1	Subject to Clause 7.2, each party shall: 

  

	 	7.1.1	keep confidential the Confidential Information, subject to the terms and conditions of this Agreement; 

 

	 	7.1.2	not use the Confidential Information or any part of it for any purpose other than for the purposes set out in this Agreement; 

 

	 	7.1.3	not disclose the Confidential Information or any part thereof to any person other than to such of its directors, officers, employees (including, in the case of
Vodafone, the Employee) or agents to whom disclosure of such Confidential Information is necessary in order to implement the terms of this Agreement (each such person being referred to herein as an “Authorized Person”);

  

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	 	7.1.4	notify the other party immediately it becomes aware that any Confidential Information has been disclosed to or is in the possession of any person who is not an
Authorized Person; and 

  

	 	7.1.5	keep all Confidential Information and treat all Confidential Information in a manner that is no less secure than the manner in which it treats its own confidential
and/or proprietary information. 

  

	 	7.2	Clause 7.1 shall not prohibit disclosure, use or exploitation by a party of any Confidential Information if and to the extent that such Confidential Information:

  

	 	7.2.1	is required to be disclosed by law or any governmental or other regulatory authority or the rules and regulations of any recognized stock exchange;

  

	 	7.2.2	is or becomes part of the public domain otherwise than by breach of this Agreement; or 

 

	 	7.2.3	is given prior written approval by the other party for public release. 

  

	 	7.3	For the purposes of this Agreement, “Confidential Information” shall mean any information received or obtained; 

 

	 	7.3.1	as a result of the entering into of this Agreement; or 

  

	 	7.3.2	which relates to this Agreement or which arises from the services provided hereunder; or 

 

	 	7.3.3	in connection with the business of either of the parties, including, without limitation, commercial, financial, technical, marketing or other data, know-how, trade
secrets or any other information of whatever nature in whatever form. 

  

	8	Term and Termination 

  

	 	8.1	The period of engagement of the Employee’s services under this Agreement shall commence (or shall be deemed to have commenced) on the Effective Date and shall be
for the Secondment Period unless the Agreement is terminated earlier under Clause 8.2 or 8.3 or extended in writing by the parties (subject to the prior written consent of the Employee) or if the Employee’s engagement with Vodafone ends, or the
Employee cannot work due to disability, injury, death, or lack of a visa, or any other reason, and such shorter or longer period shall be deemed to be the Secondment Period for the purposes of this Agreement. 

 

	 	8.2	Vodafone shall be entitled to terminate this Agreement with immediate effect at any time by giving written notice to the Secondment Company: 

 

	 	8.2.1	 if the Secondment Company is unable to pay its debts or enters into liquidation (except for the purposes of a solvent amalgamation or re-construction)
or makes an arrangement with its creditors or becomes subject to an administration order or a receiver or administrative receiver is appointed over all or of any of its assets or takes or suffers to be taken any similar action in consequence of a
debt or ceases or 

  

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threatens to cease trading or is dissolved or any equivalent procedure in any other jurisdiction occurs; or 

 

	 	8.2.2	if the Secondment Company commits a material breach of this Agreement which in the case of a breach capable of remedy is not remedied within 30 days after Vodafone has
given written notice requiring such breach to be remedied; 

  

	 	8.2.3	if there is a sale of the whole or substantially all of the business of the Secondment Company; or a sale of 50% or more of the shares or voting rights in the
Secondment Company or any holding company of the Secondment Company; or 

  

	 	8.2.4	if the Employee’s engagement with Vodafone ends, or the Employee cannot work or cannot provide or withdraws his agreement to provide the services contemplated
therein due to disability, injury, death, or a lack of a visa, or any other reason, or Vodafone considers at its discretion for any reason that the Secondment should be terminated. 

 

	 	8.3	The Secondment Company shall be entitled to terminate this Agreement with immediate effect at any time by giving written notice to Vodafone: 

 

	 	8.3.1	if Vodafone is unable to pay its debts or enters into liquidation (except for the purposes of a solvent amalgamation or re-construction) or makes an arrangement with
its creditors or becomes subject to an administration order or a receiver or administrative receiver is appointed over all or of any of its assets or takes or suffers to be taken any similar action in consequence of a debt or ceases or threatens to
cease trading or is dissolved; 

  

	 	8.3.2	if Vodafone commits a material breach of this Agreement which in the case of a breach capable of remedy is not remedied within 30 days after the Secondment Company has
given written notice requiring such breach to be remedied; or 

  

	 	8.3.3	if the Employee shall be guilty of any serious misconduct or any serious breach or non-observance of any of his obligations to provide the services or any codes of
conduct of the Secondment Company generally applicable to its personnel which have been notified to the Employee. 

  

	 	8.4	Upon termination of this Agreement, final payment shall be rendered for services satisfactorily performed hereunder, as determined in good faith, except if any amount
is in dispute, then the provisions of Clause 9 shall apply. 

  

	 	8.5	In the event that this Agreement is terminated by Vodafone under Clauses 8.2.1, 8.2.2 or 8.2.3, Vodafone shall have the right to recover from the Secondment Company,
and the Secondment Company shall pay all expenses incurred by Vodafone in returning and relocating the Employee to England. 

  

	 	8.6	 Termination of this Agreement for any reason shall not affect the rights and obligations of the parties hereunder that have accrued up to the date of
or arising out of such termination or expiry, including the right to claim damages 

  

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as a result of a breach of this Agreement, or any obligations to pay any outstanding payments due to third parties after the termination date. 

 

	9	Escalation: Arbitration 

  

	 	9.1	Each party agrees that any material dispute between the parties relating to this Agreement which the parties are unable to resolve within a reasonable time period will
first be submitted in writing to a designated senior executive of each of Vodafone and the Secondment Company who will confer in an effort to resolve such dispute. Any decisions of such executives will be final and binding on the parties. In the
event such executives are unable to resolve any dispute within thirty (30) days after submission to them, or in the event either party refuses to designate an executive within ten (10) days following written demand, either party may refer
any dispute to arbitration in accordance with Clause 9.2. 

  

	 	9.2	Any controversy or claim arising out of or relating to this Agreement, or the existence, validity, breach or termination hereof, whether during or after its term, will
be finally settled and determined by arbitration in Denver, Colorado under the Rules of Conciliation and Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules.

  

	10	Survival 

 The terms,
limitations, and exclusions contained in this Agreement that by their nature and context are intended to survive the performance thereof by either party or both parties hereunder shall so survive the completion of performance and termination of this
Agreement, including without limitation, confidentiality provisions, limitations of liability, exclusions, and the making of any and all payments due hereunder. 
  

	11	Notices 

  

	 	11.1	Any notice, claim or demand in connection with this Agreement shall be in writing (a “Notice”) and shall be sufficiently given or served if delivered or sent:

  

	 	11.1.1	In the case of Vodafone: 

  

			
	To:	  	Vodafone Americas Inc.
		
	Address:	  	999
18th Street, Suite 1750
		  	Denver
		  	Colorado 80202
		  	USA
		
	Fax:	  	
		
	Attention:	  	General Counsel

  

	 	11.1.2	In the case of Secondment Company: 

  

			
	 To:
	  	Cellco Partnership (d/b/a “Verizon Wireless”)

 

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	 Address:
	  	1 Verizon Way
		  	Basking Ridge
		  	New Jersey 07920
		  	USA
		
	 Fax:
	  	
		
	 Attention:
	  	General Counsel

  

	 	11.2	Any Notice may be delivered by hand or sent by courier, fax or prepaid first class airmail post. Without prejudice to the foregoing, any Notice shall conclusively be
deemed to have been received at the time of delivery if delivered by hand or by courier or if sent by fax, or 60 hours from the time of posting if sent by post, provided that if such deemed time of delivery is not on a Business Day and within normal
business hours of the recipient, delivery shall be deemed to have occurred on the commencement of normal business hours of the recipient on the next following Business Day. For the purposes of this Clause, “Business Day” means a day on
which banks are generally open for business in the country or state of the recipient. 

  

	12	Non-solicitation of the Employee 

The Secondment Company shall not solicit the Employee for employment during the term of the Employee’s secondment or for six months
after the end of the Secondment Period without Vodafone’s prior written consent. 
  

	13	Export Regulations 

  

	 	13.1	The parties acknowledge, and Vodafone shall commit that the Employee shall acknowledge, that compliance with relevant export regulations is mandatory. If the Secondment
Company requires the Employee to be restricted from access to specified technical information, or where an export licence is required for any technical information of the Secondment Company, the Secondment Company shall notify Vodafone and the
Employee prior to the Employee having access to, or being assigned to perform any tasks in relation to, such technical information. 

  

	 	13.2	Vodafone shall, and shall require that the Employee shall, comply with all relevant export licences and permits notified to Vodafone and/or the Employee, including but
not limited to compliance with restrictions on dissemination of information and re-export. 

  

	 	13.3	Vodafone shall not and shall require that the Employee shall not transmit any technology, software or computer source code in connection with the services to be
performed by the Employee pursuant to this Agreement to any country or to any citizen or resident of any country that the Secondment Company shall have notified Vodafone and/or the Employee as being contrary to any applicable law governing export
compliance. 

  

	 	13.4	 Vodafone agrees to maintain for the purposes of such export regulations relevant complete records for the services performed by the Employee pursuant
to this Agreement for a period of seven years following the termination of the Secondment Period and to forward such records, or copies or extracts thereof, (on the Secondment Company’s reasonable written

  

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request) to the Secondment Company or (on the Secondment Company’s reasonable written request), if so required by the law of the territory of the Secondment Company, to the relevant
governmental authority and to permit periodic reasonable audits by the Secondment Company or the relevant governmental authority as required to ensure export compliance. 

 

	 	13.5	The provisions of this Clause 13 shall survive any expiration or termination of this Agreement. 

 

	14	Data Protection 

  

	 	14.1	The Secondment Company warrants and undertakes to Vodafone insofar as applicable that: 

 

	 	14.1.1	it complies and will continue to comply with all data protection and privacy laws and regulations, including: 

 

	 	14.1.1.1	the requirements relating to notification by data controllers; and 

  

	 	14.1.1.2	any applicable data protection principles; 

  

	 	14.1.2	it has not received any notice or allegation from either the regulator in charge of data protection or a data subject alleging non-compliance with the relevant data
protection principles; 

  

	 	14.1.3	it maintains and will continue to maintain sufficient technical and organisational measures to ensure the security and integrity of its computer and other information
systems to prevent the unauthorized or unlawful processing, disclosure, copying or use of confidential information or personal data and against accidental loss or destruction of, or damage to, any confidential information or personal data.

  

	15	Intellectual Property 

  

	 	15.1	The provisions of Schedule 3 shall apply in respect of the Secondment. 

  

	 	15.2	For the purposes of Schedule 3, “Intellectual Property” means any patent, registered design, copyright, design right, data base right, trade mark, service
mark, application to register any of the aforementioned rights, trade secret, right in unpatented know-how, right of confidence, and any other intellectual or industrial property right of any nature in any part of the world.

  

	16	Miscellaneous 

  

	 	16.1	This Agreement, together with the Schedules, is the parties’ entire agreement relating to the subject matter herein. Save as provided in any prior confidentiality
obligations between the parties, this Agreement supersedes all prior or contemporaneous oral or written communications, proposals and representations with respect to its subject matter. 

 

	 	16.2	No modification to this Agreement will be binding unless in writing and signed by a duly authorized representative of each party. 

 

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	 	16.3	This Agreement will be governed by and interpreted in accordance with the laws of Colorado, but excluding conflict law rules and principles. 

 

	 	16.4	If any provision of the terms and conditions of this Agreement is determined to be unenforceable or illegal, such provision shall be deemed severed from the other
provisions, which remain valid and enforceable. 

  

	 	16.5	Neither party may assign this Agreement in whole or in part without the prior written consent of the other party and of the Employee. 

 

	 	16.6	Except in the case of any permitted assignment of this Agreement, a person who is not a party hereto has no rights to enforce any provision of this Agreement.

  

	 	16.7	The headings in this Agreement are inserted only for convenience and shall not affect its construction or interpretation. 

 

	 	16.8	In this Agreement, a reference to any statutory provision includes a reference to the statutory provision as modified or re-enacted from time to time and any
subordinate legislation made under the statutory provision at any time and from time to time. 

  

	 	16.9	The following Schedules to this Agreement form part of this Agreement as if expressly set out herein. 

Schedule 1: Details of Secondment 

Schedule 2: The Services 

Schedule 3: Intellectual Property 

AS WITNESS the hands of the duly authorized representatives of the parties hereto the day and year set forth below: 

 

							
	SIGNED by	 	)	 		 	
	for and on behalf of	 	)	 	 /s/ Megan Doberneck

	Vodafone Americas Inc.	 	)	 	By:	 	Megan Doberneck, Esq.
		 		 	Title:	 	General Counsel
		 		 	Date:	 	September 24, 2010
	SIGNED by	 	)	 		 	
	for and on behalf of	 	)	 	 /s/ Alan Gardner

	Cellco Partnership	 	)	 	By:	 	Alan Gardner
	(d/b/a “Verizon Wireless”)	 	)	 	Title:	 	Vice President– Human Resources
		 		 	Date:	 	September 24, 2010

  

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 SCHEDULE 1 

Details of Secondment 
  

			
	Vodafone:	  	Vodafone Americas Inc.
		
	Secondment Company:	  	Cellco Partnership (d/b/a “Verizon Wireless”)
		
	Employee:	  	Andrew M. Davies
		
	Position:	  	Chief Financial Officer
		
	Visa type:	  	L1-A Visa
		
	Effective Date:	  	15 November 2010
		
	Secondment Period:	  	33 months
		
	Secondment Fee	  	The Secondment Fee shall be paid in conformance with, and subject to applicable caps, set forth in Employee’s Long Term Assignment Letter, dated September 20,
2010
		
	 •Employee Costs:
	  	an amount equal to the Employee’s employee related costs during the Secondment Period, in accordance with the Employer’s policies and as notified by Employer to the
Secondment Company from time to time, including: an annual salary of £270,000, as increased from time to time in accordance with Employer’s practices; annual bonus as determined in accordance with the assignment letter; assignment
allowances; employee benefits; employment taxes, including social security, pensions and insurance (“Employee Costs”).
		
	 •Vodafone Costs:
	  	 an amount equal to all additional expenses relating to the Secondment met by Vodafone (“Vodafone Costs”):

 
 -  pre-assignment and
relocation costs (including, but not limited to, storage and shipping costs of personal effects and furniture)
  

-  fees for professional support in accordance with Vodafone Group International Assignment Policy
(e.g., immigration, employee income tax support)
  

-  home leave for the Employee and his/her family consisting of flights, accommodation and car
rental costs (or use of pool car)    

  

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		  	 -  others

 

 13 

			
		
	 •Overhead mark-up
	  	 2% of total Employee Costs and/or Vodafone Costs.
  

Note: This mark-up is charged by Employee’s ultimate employer (Vodafone Group Services Limited) and is passed along with no further mark-up from
Vodafone Americas Inc.

		
	 •Profit mark-up
	  	 5% of total Employee Costs and/or Vodafone Costs including the Overhead mark-up.

 
 Note: This mark-up is charged by Employee’s ultimate employer (Vodafone Group
Services Limited) and is passed along with no further mark-up from Vodafone Americas Inc.

		
	 •Secondment Company Costs:
	  	 Additional costs and expenses to be paid or reimbursed to Employee directly by the Secondment Company (or on its behalf):

 
 -  initial living expenses

  
 -  residential
lease payouts up to USD6,000/month
  

-  residential utilities (e.g., electricity, gas, telephone, water, garbage, cable,
etc)
  
 -  car
rental/lease payments and car insurance for one car
  

-  mobile telephone expenses

 
 -  Business expenses incurred
in the host country in accordance with and duly authorized per the Secondment Company’s policies and procedures.
  

-  School and educational fees

		
	 •Default Rate:
	  	1.5% per month

  

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 SCHEDULE 2 

The Services 

Performance of the duties of Chief Financial Officer of Cellco Partnership d/b/a Verizon Wireless. 

 

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 SCHEDULE 3 

Intellectual Property 

External Secondments 
  

	1.	The Secondment Company acknowledges that any Intellectual Property, developed or created by the Employee as part of the Secondment or which may result from any services
provided to the Secondment Company pursuant to this Agreement including any improvement, modification and/or adaptation thereof (the “Secondment Intellectual Property”), shall belong to and vest in Vodafone absolutely to the fullest extent
permitted by law. 

  

	2.	The Secondment Company shall have the right to use for the purpose of its business any copyright work made, originated or developed by the Employee in the course of
performing the services described in Schedule 2, unless and until this Agreement is terminated by Vodafone under Clauses 8.3, 8.4 or 8.7, whereupon such right shall terminate automatically. For all other forms of Secondment Intellectual Property,
Vodafone agrees to grant a licence to the Secondment Company to use the same solely for the purpose of its business on reasonable and non-discriminatory terms to be agreed between the parties. 

 

 16Long Term International Assignment Agreement - Andrew Davies

 Exhibit 10.2 

 

 

 20 September 2010 

PRIVATE AND CONFIDENTIAL–ADDRESSEE ONLY 

Mr. Andrew Davies 
 Home Company: VGSL_UK

 Dear Andrew 
 Congratulations on
being accepted for a Long Term International Assignment. 
 I am delighted to set out the individual terms of your assignment package together
with some useful information and contacts. Please note that this offer is subject to you obtaining the necessary right to work approvals in the Host country. This Assignment Letter and the attachments should be read in conjunction with the Long Term
International Mobility policy which specifies the general terms and conditions applicable to all Vodafone assignees. Please note that your employment contract remains with your Home Company, and that nothing in this letter or the International
Mobility Policy creates an employment relationship or a guarantee of employment with the Host Company. All terms and conditions of employment set out in your Primary Contract of Employment remain as they are unless they have been varied by this
letter. 
 Host information 

Your assignment will be to Verizon Wireless in United States (Host Country) in the position of Chief Financial Officer–Verizon Wireless. The basis of
the assignment will be accompanied status. 
 Period of assignment 

Your assignment will be from 15 November 2010 to 31-July-2013. 

Reporting 
 You will report to the Chief
Executive Officer, Verizon Wireless who will outline your duties and responsibilities, agree your objectives and manage your performance for the duration of the assignment. 

International Mobility External Global Relocation Services Provider 

Our global relocation services provider Brookfield Global Relocation Services, a leader in international assignment management, will contact you to take
you through the next steps of your move. They will work closely with you to ensure that a range of services, including taxation and immigration support, are brought to you and that your relocation goes as smoothly as possible. Please ensure that you
dedicate sufficient time to discuss your move with them. 
 Vodafone Group Services Limited 

Vodafone House 
 The Connection 

Newbury 
 Berkshire RG14 2FN 

Registered in England No. 3802001 

 End of Assignment 

As you near the end of this assignment we will work closely with you to identify your next role within the Vodafone Group. This may be a role in your Host
Country, a move to a role within another Vodafone Company or a return to a role within your Home Company. We will provide appropriate moving support for you and your accompanying family. 

Next steps 
 Please sign and date the
duplicate of this letter together with the enclosed Data Consent Form, Vodafone Occupancy Agreement confirming that you will be the occupier of the accommodation provided by Vodafone, and return one of the copies to me. Please ensure that you
confirm your choices in relation to the flexible options available to you as outlined in the International Assignment Terms section of this letter. This offer is subject to your reply within 4 weeks of the date of this letter. 

Please note that your package and the contents of this letter are confidential and should not be discussed with anyone, other than your line manager,
appropriate HR contacts, your appointed tax advisor and your immediate family. 
 Finally, please read the documents carefully and don’t
hesitate to contact me if you have any further questions. In the meantime I’d like to wish you every success in your new role, and hope that you find the experience whilst on assignment an exciting and enjoyable one. 

Yours sincerely 
  

	
	 /s/ Alison Wilcox

	Alison Wilcox
	HR Director

  

			
	 Encl.
	  	1. International Assignment Terms
		  	2. International Assignment Contact Sheet
		  	3. Vodafone Occupancy Agreement for rented property
		  	4. Salary Build-up Sheet & Explanatory Notes
		  	5. Long Term International Mobility Policy
		  	6. Data Consent Form

 I hereby accept this Long Term International Assignment to Verizon Wireless in United States on the terms
and conditions outlined, including the provisions of the Long Term International Mobility Policy. 
 I have confirmed my choices in relation to
the flexible options in the International Assignment Terms section of this letter. 
 I have enclosed my signed and dated Vodafone Occupancy
Agreement for rented property. 
 I have enclosed my signed and dated Data Consent Form allowing Brookfield Global Relocation Services to
disclose personal information to various third party relocation service providers or organisations. 
  

			
	Signed:	 	 /s/ Andrew Davies

		 	Andrew Davies
		
	 Dated
	 	 September 29, 2010

 International Assignment Terms 

 

			
	Pre-Assignment Support	    	
		
	Pre-Assignment Visit: the Company will fund a visit to the Host Country for the duration shown to enable you to view the location and investigate issues such as accommodation
and schooling.	    	5 days pre-transfer trip for you and your accompanying family
		
	Visas & Work Permits: you and the Host Company are responsible for ensuring that the correct documentation and approvals are received and remain in force to enable
you to work in the Host Company. Please ensure that you have a valid passport for time of travel.	    	Support provided via our global relocation services provider for you and your accompanying family
		
	Medical Examination & Vaccinations: prior to commencing the assignment, the company will pay for you and your accompanying family to undergo a medical examination to
ensure that the assignment will not be detrimental to your wellbeing. In addition, it may be necessary to have vaccinations depending on location.	    	To be arranged by yourself with the costs to be reimbursed via our global relocation services provider
		
	Cross-Cultural Training: if appropriate, the Company will provide cross-cultural training to assist your integration into the Host Country.	    	Provided for you and your accompanying family our global relocation services provider
		
	Temporary accommodation: on departure the company will find temporary accommodation to assist you with packing of your current home.	    	Company approved hotel or serviced apartment up to 3 days
		
	Tax Support: our appointed tax advisors will hold pre-assignment and post arrival consultations with you and will also assist with the filing of tax returns. Please note that
personal tax returns are your responsibility and that you must ensure that returns are complete, accurate and submitted on time to the relevant authorities.	    	Departure and arrival consultations with PricewaterhouseCoopers
		
	Relocation Support	    	
		
	Shipment & Storage: the Company will arrange the shipment of personal possessions up to the specified volume. If necessary, the Company will also arrange for the
temporary storage of personal possessions on arrival in the Host Country. Removing goods from storage prior to end of assignment is at your expense.	    	A volume of 40 foot Container via our global relocation services provider
		
	Travel to Host Country: the Company will meet the cost of your direct travel to the Host Country. Travel arrangements should be made through the Company’s approved
travel agents.	    	Business class air travel for you and your accompanying family
		
	Excess Baggage: the Company will meet the cost of excess baggage up to the amount stated on scheduled air flights.	    	50 kilos per person
		
	Insurance: the Company will insure your possessions whilst in transit or temporary storage subject to any restrictions detailed.	    	Cover for items up to EUR 7,000 per item

			
	Temporary Accommodation: on arrival in your Host Country, the Company will fund temporary
accommodation, up to the limit specified, until you move into more
permanent accommodation.	    	Company approved
hotel or serviced
apartment for up to 30
days
		
	Relocation Allowance: to assist you with the transition to your Host Country, the Company will provide a lump sum payment to cover all the minor costs that you may incur on
moving. The amount, which is a net amount, is as specified and payable in the first Home Company payroll period after the start of the Assignment. Please note that your Relocation Lump Sum will not be paid until you have signed and returned the
attached Vodafone Occupancy Agreement.	    	 5% of Base Salary, paid net
  

You will receive a one-time net payment of GBP 13,500 (this was paid to you in August 2010)

		
	Assignment Remuneration	    	
		
	 Base Salary: your current base salary will be maintained at the rate specified and will be reviewed on the normal Home
Company annual salary review date.
  
 All salary payments will continue to be
made by your Home Company.
  
 Membership of Home Company pension, share and
benefit plans will continue subject to local plan rules. Membership of your Home Company life/ill health/disability insurance schemes will continue with contributions/benefits calculated using your Home Base Salary.
	    	GBP 270,000 gross per year
		
	Assignment Salary (see Salary Build-up Sheet): the approximate pay that you will receive during the assignment, paid net (i.e. no additional tax payable by you). The Salary
Build-up takes account of Home Country tax and social security and adds international assignment allowances free of taxes to you. Your Home Base Salary will continue to be reviewed annually taking account of your performance and Home Country market
pay information. Assignment Salary is reviewed during the assignment at the same time as Base Salary. Your assignment pay will be recalculated if your Home Base Salary changes. Please note that this amount may change if you decide to participate in
Save As You Earn Schemes, or make additional pension contributions.	    	GBP 221,521 net per year
		
	 International Assignment Allowance: a percentage of Home Base Salary will be paid as a net monthly allowance for the duration of
this assignment to assist with covering incidental expenses that result from moving and working away from the Home Country.
  

Please note that this amount is included as part of the Assignment Salary in your Salary- Build up and wilt be adjusted accordingly if there are any
changes in base salary.
	    	 10% of Base Salary, paid net
  

Your annual allowance is GBP 27,000 net

		
	 Cost of Living Allowance: paid when there is a difference in the cost of consumer goods between the Home and Host countries. If
there is no difference, this amount will show as zero on the salary build-up calculation.
  

This is normally reviewed on annual basis in line with the annual salary review and all changes will be applied at that time.

 
 Please note that this amount is included as part of the Assignment Salary in your
Salary- Build up.
	    	Index between your home and host countries is 106.10 therefore your annual allowance is GBP 6,241 net

			
	Global Short Term Incentive Plan (GSTIP): if eligible, membership of your Home Company plan
will continue but the targets will be in accordance with those of the
Host Company.	    	Verizon Wireless
performance measures
will be used
		
	Global Long Term Retention Plan (GLTR): if eligible, your participation in your existing Home Company plan will continue.	    	
		
	Share Plans: your participation in any existing share plans will continue, except where plan rules or the applicable legislation prevents this.	    	
		
	 Tax: Over the period of the Assignment, your collective tax and social security liabilities will be the same as if you had
remained in your Home Country.
  
 Tax equalisation will apply for all share
related income, i.e. the tax and social security liabilities in relation to this income will be the same as if you had remained in your Home Country
  

Any tax refund that is derived purely as a result of your assignment will be refunded to Vodafone.
	    	 Support provided with both Home and Host Country tax filing obligations (if

required) by PricewaterhouseCoopers

		
	Social Security: wherever possible, you will remain within your Home Country social security system with an application being made to obtain the relevant permission and
deductions continuing for the duration of the assignment. If it is not possible for you to remain within your Home Country system, our tax advisors will confirm if you are covered by the host country system.	    	
		
	Assignment Benefits	    	
		
	 Accommodation: the Company will pay for suitable accommodation up to the maximum limit specified, and within a reasonable
distance from your place of work.
  
 If you select a property that costs more
than your accommodation allowance, the additional cost must be paid by you. This will be deducted on a monthly basis via payroll.
  

If you select a property that costs less than your accommodation allowance, you can flex to cash up to a maximum of 30% of your accommodation allowance.
Please note that we will not cash out amounts of 5% or smaller of your accommodation allowance.
  

Any flex amount will be paid gross on a monthly basis and via payroll and will be fixed in your Home currency at the exchange rate shown on your Salary
Build-up sheet.
  
 You should note that any amount flexed to cash will be
subject to the Home Country tax rate and social security.
  
 Please confirm
as soon as possible whether you wish flex a portion of your accommodation allowance to cash as this will affect your Assignment Salary and Build-up sheet. We understand that it is unlikely that you will be able to make this choice until you have
decided on your accommodation.
	    	An Accommodation Allowance of up to USD 6,000 per month

			
		
	Utilities and Local Housing Taxes: the Company will meet the reasonable costs of utilities (e.g. electricity, gas, water) and any local housing taxes that are
payable.	    	Reasonable costs will be reimbursed via our global relocation services provider
		
	Transport in Host Country: if you are eligible for a company car or car cash allowance in your Home Company, you will continue to be provided with this benefit for the
duration of the assignment.	    	Annual Car cash allowance of GBP 10,800 gross included in Assignment Salary
		
	 Partner Support: an allowance will be payable for your accompanying partner in order to help support any educational training
whilst living in the host country.
  
 Please note that educational costs will
be reimbursed against receipts via the Brookfield expense management system, up to a maximum of 5% of your gross base salary (paid net) over the total duration of your assignment
	    	Costs will be reimbursed via our global relocation services provider
		
	School Identification: Brookfield Global Relocation Services will assist you to identify appropriate schooling for your children taking into account any special needs that
you may have.	    	
		
	Schooling Support: provided for school age, accompanying Dependent Children up to an annual amount per child as specified. To be used to fund school tuition fees only.
Application and admission fees will also be funded.	    	A payment of up to GBP 15,000 (converted to your Host currency at the exchange rate shown on your Salary Build-up sheet) for each Accompanying school age Dependent
Child
		
	Pre-school support: 50% of pre-school/ kindergarten fees will be paid for pre-school age, accompanying Dependent Children. To be used to fund school tuition fees only.
Application and admission fees will also be funded.	    	A payment of up to GBP 7,500 (converted to your Host currency at the exchange rate shown on your Salary Build-up sheet) for each Accompanying pre-school age Dependent
Child

			
		
	 Home Leave: flights will be provided for you and your accompanying family from your Host to Home Country and at the frequency
detailed.
  
 Subject to Host Human Resource approval, home leave flights can
be used by your Partner or Dependent Children, or by a Close Family member to visit you in the Host Country.
  

This benefit can be flexed to cash if preferred, but you should note that any amount flexed to cash will be subject to the top marginal Home Country tax
rate and social security
  
 Please confirm if you prefer to take flights or
cash as soon as possible as this will affect your Salary Build-up.
	    	 Business class air flights every 6 months
  

Alternatively, you may opt to receive a gross annual allowance of GBP 35,513 to be used as you choose

 
 Please tick the appropriate box:

 
  ̈ I wish to opt for
cash
  
  ̈ I wish to
opt for Home Leave Flights

		
	Holiday Entitlement: your holiday entitlement under your Primary Employment Contract will continue but with actual days to be taken being approved locally by your Host Line
Manager. You will observe Host Country Statutory Holidays whilst on assignment.	    	
		
	International Assignee Healthcare Plan: medical and dental insurance provided for you and your accompanying family subject to medical clearance and completion of the Medical
Data Sheet.	    	Provided through Vanbreda International NV
		
	End of Assignment	    	
		
	 Repatriation allowance: to assist you with your return. This amount will be paid as a net amount.

 
 If the assignment ends early at your request this payment will not be
made.
  
 If the assignment ends early at Vodafone’s request this payment
will be honoured
	    	 5% of Base Salary, paid net
  

You will receive a one-time net payment of GBP 13,500

		
	 Next Move Support: dependent on whether the next move is a:

 
 •   Transfer to the Host
Company
  

•   Move to another role within the Vodafone Group

 
 •   Return to another
role within the Home Company
	    	 Dependent on type of next move - See the International Mobility Intranet site which can be found at:

 
 My Job/ My Career and Development/ Career Opportunities/ International
Mobility

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