Document:

Exhibit 10(d)

      1997 LONG-TERM STOCK INCENTIVE PROGRAM

     Section 1. Purpose.  The purposes of the
Sprint 1997 Long-Term Stock Incentive Program (the
"Plan") are to encourage Directors of Sprint
Corporation (the "Company") and officers and
selected key employees of the Company and its
Affiliates to acquire a proprietary and vested
interest in the growth and performance of the
Company, to generate an increased incentive to
contribute to the Company's future success and
prosperity, thus enhancing the value of the
Company for the benefit of stockholders, and to
enhance the ability of the Company and its
Affiliates to attract and retain individuals of
exceptional talent upon whom, in large measure,
the sustained progress, growth and profitability
of the Company depends.

     Section 2. Definitions.  As used in the Plan,
the following terms shall have the meanings set
forth below:

     (a)  "Affiliate" shall mean (i) any Person
that directly, or through one or more
intermediaries, controls, or is controlled by, or
is under common control with, the Company or (ii)
any entity in which the Company has a significant
equity interest, as determined by the Committee.

     (b)  "Award" shall mean any Option,
Restricted Stock Award, Performance Share,
Performance Unit, Dividend Equivalent, Other Stock
Unit Award, or any other right, interest, or
option relating to Shares granted pursuant to the
provisions of the Plan.

     (c)  "Award Agreement" shall mean any written
agreement, contract, or other instrument or
document evidencing any Award granted hereunder
and signed by both the Company and the Participant
or by both the Company and an Outside Director.

     (d)  "Board" shall mean the Board of
Directors of the Company.

     (e)  "Code" shall mean the Internal Revenue
Code of 1986, as amended from time to time.

     (f)  "Committee" means the Organization,
Compensation, and Nominating Committee of the
Board, composed of not less than two directors
each of whom is a Non-Employee Director.

     (g)  "Company" shall mean Sprint Corporation.

     (h)  "Non-Employee Director" shall have the
meaning provided for in Rule 16b-3(b)(3) under the
Securities Exchange Act of 1934, 17 CFR Section
240.16b-3(b)(3), as amended.

     (i)  "Dividend Equivalent" shall mean any
right granted pursuant to Section 14(h) hereof.

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     (j)  "Employee" shall mean any employee of
the Company or of any Affiliate.

     (k)  "Fair Market Value" shall mean, with
respect to any property, the market value of such
property determined by such methods or procedures
as shall be established from time to time by the
Committee; except that the "Fair Market Value" of
a share of common stock of the Company for
purposes of Section 10 and Section 11 shall mean
the average of the high and low prices of the
common stock for composite transactions, as
published by major newspapers, for the date in
question or, if no trade of the common stock shall
have been made on that date, the next preceding
date on which there was a trade of common stock.

     (l)  "Incentive Stock Option" shall mean an
Option granted under Section 6 hereof that is
intended to meet the requirements of Section 422
of the Code or any successor provision thereto.

     (m)  "Nonstatutory Stock Option" shall mean
an Option granted to a Participant under Section 6
hereof, and an Option granted to an Outside
Director pursuant to Section 10 hereof, that is
not intended to be an Incentive Stock Option.

     (n)  "Option" shall mean any right granted to
a Participant under the Plan allowing such
Participant to purchase Shares at such price or
prices and during such period or periods as the
Committee shall determine.  "Option" shall also
mean the right granted to an Outside Director
under Section 10 hereof allowing such Outside
Director to purchase shares of the common stock of
the Company on the terms set forth in Section 10.

     (o)  "Other Stock Unit Award" shall mean any
right granted to a Participant by the Committee
pursuant to Section 9 hereof.

     (p)  "Outside Director" shall mean a member
of the Board who is not an Employee of the Company
or of any Affiliate.

     (q)  "Participant" shall mean an Employee or
Outside Director who is selected to receive an
Award under the Plan.

     (r)  "Performance Award" shall mean any Award
of Performance Shares or Performance Units
pursuant to Section 8 hereof.

     (s)  "Performance Period" shall mean that
period established by the Committee at the time
any Performance Award is granted or at any time
thereafter during which any performance goals
specified by the Committee with respect to such
Award are to be measured.

     (t)  "Performance Share" shall mean any grant
pursuant to Section 8 hereof of a unit valued by
reference to a designated number of Shares, which
value may be paid to the Participant by delivery
of such property as the Committee shall determine,
including, without limitation, cash, Shares, or
any combination thereof, upon achievement of such
performance goals during the Performance Period as
the Committee shall establish at the time of such
grant or thereafter.

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     (u)  "Performance Unit" shall mean any grant
pursuant to Section 8 hereof of a unit valued by
reference to a designated amount of property other
than Shares, which value may be paid to the
Participant by delivery of such property as the
Committee shall determine, including, without
limitation, cash, Shares, or any combination
thereof, upon achievement of such performance
goals during the Performance Period as the
Committee shall establish at the time of such
grant or thereafter.

     (v)  "Person" shall mean any individual,
corporation, partnership, association, joint-stock
company, trust, unincorporated organization, or
government or political subdivision thereof.

     (w)  "Restricted Stock" shall mean any Share
issued with restrictions on the holder's right to
sell, transfer, pledge, or assign such Share and
with such other restrictions as the Committee, in
its sole discretion, may impose (including,
without limitation, any restriction on the right
to vote such Share, and the right to receive any
cash dividends), which restrictions may lapse
separately or in combination at such time or
times, in installments or otherwise, as the
Committee may deem appropriate.

     (x)  "Restricted Stock Award" shall mean an
award of Restricted Stock under Section 7 hereof.

     (y)  "Senior Officer" shall mean any employee
of the Company holding the office of Vice
President or higher.

     (z)  "Shares" shall mean shares of any class
of common stock of the Company publicly traded on
an established securities market, including but
not limited to FON Stock and Series 1 PCS Stock
(the "PCS Stock") and such other securities of the
Company as the Committee may from time to time
determine.

     (aa) "Stockholders Meeting" shall mean the
annual meeting of stockholders of the Company in
each year.

     (bb) "1989 Plan" shall mean the Long-Term
Stock Incentive Program adopted by the Company's
stockholders in 1989, as amended.

     (cc) "total outstanding Shares" means, with
respect to the FON Stock the total shares
outstanding of FON Stock and, with respect to the
PCS Stock, the total outstanding shares of Series
1 PCS Stock and Series 2 PCS Stock.

     Section 3. Administration.  The Plan shall be
administered by the Committee.  The Committee
shall have full power and authority, subject to
such orders or resolutions not inconsistent with
the provisions of the Plan as may from time to
time be adopted by the Board, to: (i) select the
Participants to whom Awards may from time to time
be granted hereunder; (ii) determine the type or
types of Awards to be granted to each Participant
hereunder; (iii) determine the number of Shares to
be covered by each Award granted hereunder;
provided, however, that Shares subject to Options
granted to any individual Participant during any
calendar year shall not exceed a total of
6,000,000 shares of FON Stock nor 3,000,000 shares
of PCS Stock; (iv) determine the terms and
conditions, not inconsistent with the provisions
of the Plan, of any Award granted hereunder; (v)
determine whether, to what extent and under what
circumstances Awards may be settled in cash,
Shares or other property, or canceled or
suspended; (vi) determine

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whether, to what extent and under what
circumstances cash, Shares and other property
and other amounts payable with respect to an
Award under this Plan shall be deferred either
automatically or at the election of the
Participant; (vii) interpret and administer the
Plan and any instrument or agreement entered
into under the Plan; (viii) establish such rules
and regulations and appoint such agents as it
shall deem appropriate for the proper
administration of the Plan; and (ix) make any
other determination and take any other action that
the Committee deems necessary or desirable for
administration of the Plan.  Decisions of the
Committee shall be final, conclusive and binding
upon all persons, including the Company, any
Participant, any stockholder, and any employee of
the Company or of any Affiliate.

     The Committee shall appoint an administrator
of the Plan for purposes of interpreting and
administering the provisions of Section 11 of the
Plan.

     For purposes of this section, shares granted
pursuant to the last sentence of Section 4(a)
shall be counted in the year granted, not in the
year first exercisable.

     Section 4.  Shares Subject to the Plan.

     (a)  Subject to adjustment as provided in
Section 4(b), the total number of Shares available
for grant under the Plan in a calendar year shall
be nine tenths of one percent (0.9%) of the total
outstanding Shares as of the first day of calendar
year 1997, plus a number of Shares equal to the
number of Shares available for grant under the
1989 Plan as of the close of business on the date
of the 1997 Stockholders Meeting, for calendar
year 1997, and one and one-half percent (1.5%) of
the total outstanding Shares as of the first day
of each such year for which the Plan is in effect
beginning with calendar year 1998 and ending with
calendar year 2007 plus 20,000,000 shares of PCS
Stock; provided that such number shall be
increased in any year by the number of Shares
available for grant hereunder in previous years
but not covered by Awards granted hereunder in
such years; and provided further, that no more
than eight million (8,000,000) shares of FON Stock
and no more than four million shares of PCS Stock
(4,000,000) shall be cumulatively available for
the grant of Incentive Stock Options under the
Plan.  In addition, any Shares issued by the
Company through the assumption or substitution of
outstanding grants from an acquired company shall
not reduce the shares available for grants under
the Plan.  Any Shares issued hereunder may
consist, in whole or in part, of authorized and
unissued shares or treasury shares. If any Shares
subject to any Award granted hereunder or the
Award itself are forfeited, cancelled, expired, or
otherwise terminated without the issuance of such
Shares or of other consideration in lieu of such
Shares pursuant to the terms of the Award, the
Shares subject to such Award, to the extent of any
such forfeiture, cancellation, expiration, or
termination, shall again be available for grant
under the Plan.  The number of shares with respect
to which Options are granted in any calendar year
may exceed the total number of Shares available
for grant under the Plan in such year (taking into
account all other Awards granted in such year),
provided that the terms of the Options provide
that they may only be exercised to the extent of
the number of Shares available for grant at the
time of exercise, and provided further that this
sentence shall not be construed to increase the
total number of shares reserved for issuance
pursuant to the Plan.

     (b)  In the event of any merger,
reorganization, consolidation, recapitalization,
stock dividend, spin-off, or other change in the
corporate structure affecting the Shares, such
adjustment shall be made in the aggregate number
and class of Shares which may be delivered under
the Plan, in the number and class of shares that
may be subject to an option granted to any
individual in any year under the Plan, in the
number, class and

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option price of Shares subject to outstanding
Options granted under the Plan, and in the
value of, or number or class of Shares subject
to, Awards granted under the Plan as may be
determined to be appropriate by the Committee,
in its sole discretion, provided that the number
of Shares subject to any Award shall always be a
whole number.

     Section 5. Eligibility.  Any Employee or
Outside Director shall be eligible to be selected
as a Participant.

     Section 6. Stock Options.  Options may be
granted hereunder to Participants either alone or
in addition to other Awards granted under the
Plan.  Any Option granted to a Participant under
the Plan shall be evidenced by an Award Agreement
in such form as the Committee may from time to
time approve.  Any such Option shall be subject to
the following terms and conditions and to such
additional terms and conditions, not inconsistent
with the provisions of the Plan, as the Committee
shall deem desirable:

     (a) Exercise Price.  The exercise price per
Share purchasable under an Option shall be
determined by the Committee in its sole
discretion; provided that such exercise price
shall not be less than the Fair Market Value of
the Share on the date of the grant of the Option.

     (b)  Option Period.  The term of each Option
shall be fixed by the Committee in its sole
discretion; provided that no Incentive Stock
Option shall be exercisable after the expiration
of ten years from the date the Option is granted.

     (c)  Exercisability.  Options shall be
exercisable at such time or times as determined by
the Committee at or subsequent to grant.  Unless
otherwise determined by the Committee at or
subsequent to grant, no Incentive Stock Option
shall be exercisable until the first anniversary
date of the granting of the Incentive Stock
Option.

     (d)  Method of Exercise.  Subject to the
other provisions of the Plan and any applicable
Award Agreement, any Option may be exercised by
the Participant in whole or in part at such time
or times, and the Participant may pay the exercise
price in such form or forms, including, without
limitation, payment by delivery of cash, Shares or
other consideration (including, where permitted by
law and the Committee, Awards) having a Fair
Market Value on the exercise date equal to the
total exercise price, or by any combination of
cash, Shares and other consideration, as the
Committee may permit.

     (e)  Incentive Stock Options.  In accordance
with rules and procedures established by the
Committee, the aggregate Fair Market Value
(determined as of the time of grant) of the Shares
with respect to which Incentive Stock Options held
by any Participant that are exercisable for the
first time by such Participant during any calendar
year under the Plan (and under any other benefit
plans of the Company or of any parent or
subsidiary corporation of the Company) shall not
exceed $100,000 or, if different, the maximum
limitation in effect at the time of grant under
Section 422 of the Code, or any successor
provision, and any regulations promulgated
thereunder.  The terms of any Incentive Stock
Option granted hereunder shall comply in all
respects with the provisions of Section 422 of the
Code, or any successor provision, and any
regulations promulgated thereunder.

     (f)  Form of Settlement.  In its sole
discretion, the Committee may provide, at the time
of grant, that the shares to be issued upon an
Option's exercise shall be in the

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form of Restricted Stock or other similar securities,
or may reserve the right so to provide after the time
of grant, or the Committee may provide that the
Participant may elect to receive Restricted Stock
upon an Option's exercise.

     Section 7.  Restricted Stock.

     (a)  Issuance.  Restricted Stock Awards may
be issued hereunder to Participants, for such
consideration as the Committee may determine, not
less than the minimum consideration required by
applicable law, either alone or in addition to
other Awards granted under the Plan.  The
provisions of Restricted Stock Awards need not be
the same with respect to each recipient.

     (b)  Registration.  Any Restricted Stock
issued hereunder may be evidenced in such manner
as the Committee in its sole discretion shall deem
appropriate, including, without limitation, book-
entry registration or issuance of a stock
certificate or certificates.  In the event any
stock certificate is issued in respect of shares
of Restricted Stock awarded under the Plan, such
certificate shall be registered in the name of the
Participant, and shall bear an appropriate legend
referring to the terms, conditions, and
restrictions applicable to such Award or shall be
held in escrow by the Company until all
restrictions on the Restricted Stock have lapsed.

     (c)  Forfeiture.  Except as otherwise
determined by the Committee at the time of grant,
upon termination of employment for any reason
during the restriction period, all shares of
Restricted Stock still subject to restriction
shall be forfeited by the Participant and
reacquired by the Company; provided that in the
event of a Participant's retirement, permanent
disability, other termination of employment or
death, or in cases of special circumstances, the
Committee may, in its sole discretion, when it
finds that a waiver would be in the best interests
of the Company, waive in whole or in part any or
all remaining restrictions with respect to such
Participant's shares of Restricted Stock.

     Section 8. Performance Awards.

     Performance Awards may be issued hereunder to
Participants, for such consideration as the
Committee may determine, not less than the minimum
consideration required by applicable law, either
alone or in addition to other Awards granted under
the Plan.  The performance criteria to be achieved
during any Performance Period and the length of
the Performance Period shall be determined by the
Committee upon the grant of each Performance
Award.  Except as provided in Section 12,
Performance Awards will be paid only after the end
of the relevant Performance Period.  Performance
Awards may be paid in cash, Shares, other property
or any combination thereof, in the sole discretion
of the Committee at the time of payment.  The
performance levels to be achieved for each
Performance Period and the amount of the Award to
be distributed shall be conclusively determined by
the Committee.  Performance Awards may be paid in
a lump sum or in installments following the close
of the Performance Period or, in accordance with
procedures established by the Committee, on a
deferred basis.

     Section 9. Other Stock Unit Awards.

     (a)  Stock and Administration.  Other Awards
of Shares and other Awards that are valued in
whole or in part by reference to, or are otherwise
based on, Shares or other property ("Other Stock
Unit Awards") may be granted hereunder to
Participants, either

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alone or in addition to other Awards granted under
the Plan.  Other Stock Unit Awards may be paid in
Shares, cash or any other form of property as the
Committee shall determine. Subject to the
provisions of the Plan, the Committee shall,
subject to Section 3, have sole and complete
authority to determine the Employees or Outside
Directors to whom and the time or times at which
such Awards shall be made, the number of Shares
to be granted pursuant to such Awards, and all
other conditions of the Awards.  The provisions
of Other Stock Unit Awards need not be the same
with respect to each recipient.

     (b)  Terms and Conditions.  Subject to the
provisions of this Plan and any applicable Award
Agreement, Shares subject to Awards made under
this Section 9 may not be sold, assigned,
transferred, pledged or otherwise encumbered prior
to the date on which the Shares are issued, or, if
later, the date on which any applicable
restriction, performance or deferral period
lapses.  Shares granted under this Section 9 may
be issued for such consideration as the Committee
may determine, not less than the minimum
consideration required by applicable law.  Shares
purchased pursuant to a purchase right awarded
under this Section 9 shall be purchased for such
consideration as the Committee shall in its sole
discretion determine, which shall not be less than
the Fair Market Value of such Shares as of the
date such purchase right is awarded.

     Section 10.  [Deleted]

     Section 11.  Outside Directors' Shares

     Outside Directors may elect, on an annual
basis, to purchase shares of any class of common
stock of the Company from the Company in lieu of
receiving all or part (in 10% increments) of their
annual retainer, meeting fees and committee
meeting fees in cash.  The purchase price of such
shares shall be the Fair Market Value of the stock
for the last trading day of the month in which the
retainer, meeting fees, and committee meeting fees
are earned.

     Commencing May 1, 1997, the annual retainer,
meeting fees and committee meeting fees payable to
each Outside Director for service on the Board
may, at the election of the Outside Director (the
"Annual Election"), be payable to a trust in
shares of any class of common stock of the
Company.  The Annual Election: (i) shall be
irrevocable in respect of the one-year period to
which it pertains (the "Plan Year") and shall
specify the applicable percentage (in increments
of 10%) of such annual retainer and meeting fees
that such Outside Director wishes to direct to the
trust; (ii) must be received in writing by the
administrator of the Plan by the established
enrollment deadline of any year in which this Plan
is in effect in order to cause the next succeeding
Plan Year's annual retainer and fees to be subject
to the provisions of this Plan; and (iii) must
specify whether the ultimate distribution of the
shares of common stock to the Outside Directors
will be paid, following the Outside Director's
death or termination of Board service, in a lump
sum or in equal annual payments over a period of
two to twenty years.

     The shares shall be purchased from the
Company at the Fair Market Value of the stock for
the last trading day of the month in which the
fees are earned and shall be credited by the
trustee to the account of the Outside Director.
The certificates for common stock shall be issued
in the name of the trustee of the trust and shall
be held by such trustee in trust for the benefit
of the Outside Directors; provided, however, that
each

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Outside Director shall be entitled to vote
the shares.  The trustee shall retain all
dividends (which shall be reinvested in shares of
the same class of common stock) and other
distributions paid or made with respect thereto in
the trust.  The shares credited to the account of
an Outside Director shall remain subject to the
claims of the Company's creditors, and the
interests of the Outside Director in the trust may
not be sold, hypothecated or transferred
(including, without limitation, transferred by
gift or donation) while such shares are held in
the trust.

     If the Outside Director elects to receive a
lump sum distribution, the trustee of the trust
shall distribute such shares of common stock free
of restrictions within 60 days after the Outside
Director's termination date or a later date
elected by the Outside Director (no later than the
mandatory retirement age of the Outside Director).
If the Outside Director elects to receive a lump
sum distribution, the Outside Director may, by
delivering notice in writing to the administrator
of the Plan no later than December 31 of the year
prior to the year in which the Outside Director
terminates service as a Director, elect to receive
any portion or all of the common stock in the form
of cash determined by reference to the Fair Market
Value of the common stock as of the termination
date.  Any such notice to the administrator must
specify whether the distribution will be entirely
in cash or whether the distribution will be in a
combination of common stock and cash (in which
case the applicable percentage must be specified).
In the case of termination of the Outside
Director's service as a result of his death,
payment of the Outside Director's account shall be
in shares of common stock and not in cash.  If an
Outside Director elects to receive payments in
installments, the distribution will commence
within 60 days after the Outside Director's
termination date and will be made in shares of
common stock and not in cash.  Notwithstanding
anything to the contrary contained herein, any
fractional shares of common stock shall be
distributed in cash to the Outside Director.

     Section 12.  Change in Control.

     (a)  In order to maintain the Participants'
rights in the event of any Change in Control of
the Company, as hereinafter defined, the Committee
may, in its sole discretion, as to any Award,
either at the time an Award is made hereunder or
any time thereafter, take any one or more of the
following actions:  (i) provide for the
acceleration of any time periods relating to the
exercise or realization of any such Award so that
such Award may be exercised or realized in full on
or before a date fixed by the Committee; (ii)
provide for the purchase of any such Award, upon
the Participant's request, for an amount of cash
equal to the excess of the Fair Market Value of
the property that could have been received  upon
the exercise of such Award or realization of the
Participant's rights had such Award been currently
exercisable or payable over the amount which would
have been paid, if any, by the Participant for
such property; (iii) make such adjustment to any
such Award then outstanding as the Committee deems
appropriate to reflect such Change in Control; or
(iv) cause any such Award then outstanding to be
assumed, or new rights substituted therefor, by
the acquiring or surviving corporation after such
Change in Control.  The Committee may, in its
discretion, include such further provisions and
limitations in any agreement documenting such
Awards as it deems equitable and in the best
interests of the Company.

     (b)  Unless the Committee determines
otherwise with respect to any Award, a "Change in
Control" shall be deemed to have occurred if (i)
any person (as defined in Section 13(d) of the
Securities Exchange Act of 1934 and the rules
thereunder) other than a trustee or other
fiduciary holding securities under an employee
benefit plan of the

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Company, and other than the Company or a
corporation owned, directly or indirectly,
by the stockholders of the Company in
substantially the same proportions as their
ownership of stock of the Company, is or becomes
the "beneficial owner" (as defined in Rule 13d-3
under the Securities Exchange Act of 1934),
directly or indirectly, of securities of the
Company representing 20% or more of the combined
voting power of the Company's then outstanding
securities; or (ii) during any period of two
consecutive years, individuals who at the
beginning of such period constitute the Board and
any new Director (other than a Director designated
by a person who has entered into an agreement with
the Company to effect a transaction described in
(i) above) whose election by the Board or
nomination for election by the Company's
stockholders was approved by a vote of at least
two-thirds (2/3) of the Directors then still in
office who either were Directors at the beginning
of the period or whose election or nomination for
election was previously so approved, cease for any
reason to constitute a majority thereof.

     Section 13.  Amendments and Termination.  The
Board may amend, alter or discontinue the Plan,
but no amendment, alteration, or discontinuation
shall be made that would impair the rights of a
Participant under an Award theretofore granted,
without the Participant's consent, or that without
the approval of the Stockholders would, except as
is provided in Section 4(b) of the Plan, increase
the total number of Shares reserved for the
purposes of the Plan.  Notwithstanding the
foregoing, the Board may terminate the Plan even
if the effect would be to cancel unexercisable
Options granted pursuant to the last sentence of
Section 4(a) for which shares have not, at the
time of such termination, become available for
grant.

     The Committee may amend the terms of any
Award theretofore granted, prospectively or
retroactively, but no such amendment shall impair
the rights of any Participant without his consent.
The Committee may also substitute new Awards for
Awards previously granted to Participants,
including without limitation previously granted
Options having higher option prices.

     Section 14.  General Provisions.

     (a)  No Award shall be assignable or
transferable by a Participant otherwise than by
will or by the laws of descent and distribution,
except that Restricted Stock may be used in
payment of the exercise price of a stock option
issued by the Company and may be otherwise
transferred in a manner that protects the
interests of the Company as the Committee may
determine; provided that, if so determined by the
Committee, each Participant or Outside Director
may, in the manner established by the Committee,
designate a beneficiary to exercise the rights of
the Participant or Outside Director with respect
to any Award upon the death of the Participant or
Outside Director and to receive the Shares or
other property issued upon such exercise.

     (b)  The term of each Award shall be for such
period from the date of its grant as may be
determined by the Committee; provided that in no
event shall the term of any Incentive Stock Option
exceed a period of ten (10) years from the date of
its grant.

     (c)  No Participant shall have any claim to
be granted any Award under the Plan, and there is
no obligation for uniformity of treatment of
Participants under the Plan.

     (d)  The prospective recipient of any Award
under the Plan shall not, with respect to such
Award, be deemed to have become a Participant, or
to have any rights

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with respect to such Award, until and unless
such recipient shall have executed an
agreement or other instrument evidencing the
Award and delivered a fully executed copy
thereof to the Company, and otherwise complied
with the then applicable terms and conditions.

     (e)  The Committee shall be authorized to
make adjustments in performance award criteria or
in the terms and conditions of other Awards in
recognition of unusual or nonrecurring events
affecting the Company or its financial statements
or changes in applicable laws, regulations or
accounting principles.  The Committee may correct
any defect, supply any omission or reconcile any
inconsistency in the Plan or any Award in the
manner and to the extent it shall deem desirable
to carry it into effect.  In the event the Company
shall assume outstanding employee benefit awards
or the right or obligation to make future such
awards in connection with the acquisition of
another corporation or business entity, the
Committee may, in its discretion, make such
adjustments in the terms of Awards under the Plan
as it shall deem appropriate.

     (f)  The Committee shall have full power and
authority to determine whether, to what extent and
under what circumstances any Award shall be
canceled or suspended.  In particular, but without
limitation, all outstanding Awards to any
Participant shall be canceled if the Participant,
without the consent of the Committee, while
employed by the Company or after termination of
such employment, becomes associated with, employed
by, renders services to, or owns any interest in
(other than any nonsubstantial interest, as
determined by the Committee), any business that is
in competition with the Company or with any
business in which the Company has a substantial
interest as determined by the Committee or any one
or more Senior Officers or committee of Senior
Officers to whom the authority to make such
determination is delegated by the Committee.

     (g)  All certificates for Shares delivered
under the Plan pursuant to any Award shall be
subject to such stock-transfer orders and other
restrictions as the Committee may deem advisable
under the rules, regulations, and other
requirements of the Securities and Exchange
Commission, any stock exchange upon which the
Shares are then listed, and any applicable Federal
or state securities law, and the Committee may
cause a legend or legends to be put on any such
certificates to make appropriate reference to such
restrictions.

     (h)  Subject to the provisions of this Plan
and any Award Agreement, the recipient of an Award
may, if so determined by the Committee, be
entitled to receive, currently or on a deferred
basis, interest or dividends, or interest or
dividend equivalents, with respect to the number
of shares covered by the Award, as determined by
the Committee, in its sole discretion, and the
Committee may provide that such amounts (if any)
shall be deemed to have been reinvested in
additional Shares or otherwise reinvested.

     (i)  Except as otherwise required in any
applicable Award Agreement or by the terms of the
Plan, recipients of Awards under the Plan shall
not be required to make any payment or provide
consideration other than the rendering of
services.

     (j)  The Committee may delegate to one or
more Senior Officers or a committee of Senior
Officers the right to grant Awards to Employees
who are not officers or Directors of the Company
and to cancel or suspend Awards to Employees who
are not officers or Directors of the Company.

                         10

<PAGE>

     (k)  The Company shall be authorized to
withhold from any Award granted or payment due
under the Plan the amount of withholding taxes due
with respect to an Award or payment hereunder and
to take such other action as may be necessary in
the opinion of the Company to satisfy all
obligations for the payment of such taxes.  The
Company shall also be authorized to accept the
delivery of Shares by a Participant in payment for
the withholding of taxes.

     (l)  Nothing contained in this Plan shall
prevent the Board of Directors from adopting other
or additional compensation arrangements, subject
to stockholder approval if such approval is
required; and such arrangements may be either
generally applicable or applicable only in
specific cases.

     (m)  The validity, construction, and effect
of the Plan and any rules and regulations relating
to the Plan shall be determined in accordance with
the laws of the State of Kansas and applicable
Federal law.

     (n)  If any provision of this Plan is or
becomes or is deemed invalid, illegal or
unenforceable in any jurisdiction, or would
disqualify the Plan or any Award under any law
deemed applicable by the Committee, such provision
shall be construed or deemed amended to conform to
applicable laws or if it cannot be construed or
deemed amended without, in the determination of
the Committee, materially altering the intent of
the Plan, it shall be stricken and the remainder
of the Plan shall remain in full force and effect.

     Section 15.  Effective Date of Plan.  The
Plan shall be effective as of April 15, 1997.

     Section 16.  Term of Plan.  No Award shall be
granted pursuant to the Plan after April 15, 2007,
but any Award granted on or before such date may
extend beyond that date.

                         11Exhibit 10(e)

     EMPLOYMENT AND POST-RETIREMENT CONSULTING AGREEMENT
                           between
                     SPRINT CORPORATION
                             and
                      William T. Esrey

This  agreement  is  entered  into as of August 7,  2000 by and  between  Sprint
Corporation,  a Kansas  corporation  (together with any successor  company,  the
"Company") and William T.
Esrey.

Whereas, in recognition of Mr. Esrey's unique contribution to the Company during
his  tenure as the  Chairman  of the Board and Chief  Executive  Officer  of the
Company,  the Board of Directors  wishes to obtain his commitment to continue to
serve as Chairman of the Board of Directors and Chief  Executive  Officer of the
Company,  and to serve after his retirement  from the Company as a consultant to
and  representative  of the Company,  at the  direction  of the Chief  Executive
Officer of the Company;

Now Therefore, the Company and Mr. Esrey agree as follows:

1.Mr.  Esrey  agrees to continue to serve as Chairman of the Board of  Directors
  of the Company and as Chief Executive  Officer of the Company from the date of
  this agreement  until his  retirement,  on terms no less favorable to him than
  his present  conditions  of  employment,  or such earlier date as the Board of
  Directors may determine with respect to either or both positions at anytime in
  its sole discretion.  For purposes of this agreement,  the date of Mr. Esrey's
  "retirement"  shall be the day  following  the last day on which he receives a
  regular salary as an employee of the Company,  but not including any severance
  period under any severance plan of or any agreement with the Company.

2.Mr. Esrey agrees that,  following his  retirement  from the Company,  and when
  and as  requested  by the Chief  Executive  Officer  of the  Company,  he will
  provide  consulting and advice to the Company and will  participate in various
  external  activities  and events for the  benefit of the  Company.  Mr.  Esrey
  agrees  to  provide  up to 30 days per  year to the  Company,  subject  to his
  reasonable availability, for such consulting services or such participation in
  external  activities and events.  In addition,  Mr. Esrey agrees to obtain the
  approval of the  Organization,  Nominating  and  Compensation  Committee (or a
  committee of independent  directors of any successor  company) of the Board of
  Directors  before (1) providing  consulting,  advice or service of any kind to
  any other company or  organization  that competes in a meaningful way with the
  Company,  or (2)  serving as the  Chairman or Chief  Executive  Officer of any
  other Fortune 100 company.

                                   Page 1

<PAGE>

3.The services  contemplated  under this  agreement  will require that Mr. Esrey
  have access,  following his retirement,  to information that is proprietary or
  confidential  to the  Company.  Mr.  Esrey  agrees not to publish or otherwise
  disclose to persons outside the Company,  without specific permission from the
  Company, any Company proprietary or confidential  information that he acquires
  as a result of services  performed under this  agreement,  and not to use such
  information  in any way which might be  detrimental  to the  interests  of the
  Company.

4.Mr.  Esrey also  agrees to promptly  disclose to the Company any  information,
  ideas,  or  inventions  made or  conceived  by him which may result from or be
  suggested by post retirement  services  performed by him under this agreement,
  and to assign to the Company all rights pertaining to such information, ideas,
  or inventions.  Knowledge or information of any kind disclosed by Mr. Esrey to
  the Company shall be deemed to have been disclosed  without  obligation on the
  part of the Company to hold the same in confidence, and the Company shall have
  the full right to use and disclose  such  knowledge  and  information  without
  compensation to Mr. Esrey beyond that specifically provided in this agreement.

5.In  return  for his  willingness  to  continue  to help  create  value for the
  Company's  shareholders  throughout  his  retirement,  and in  return  for the
  foregoing  commitments  by Mr. Esrey,  the Company  shall pay Mr.  Esrey,  for
  consulting  services  or  participation  in  external  activities  and  events
  performed  at the request of the Chief  Executive  Officer of the  Company,  a
  daily  consulting  fee, for the days he renders  services,  equal to his daily
  base salary rate at the time of his retirement. In addition, the Company shall
  provide Mr. Esrey  continued  access to the Company's  facilities and services
  comparable to those provided to him prior to his retirement,  including office
  and secretarial  support,  use of the Company aircraft (or private aircraft at
  the Company's discretion),  telecommunication  services, two club memberships,
  and financial planning  services.  The Company shall also reimburse Mr. Esrey,
  upon the  receipt of  appropriate  documentation,  for  reasonable  travel and
  living  expenses  which he incurs in providing  services at the request of the
  Chief  Executive  Officer,  or which he incurs  because of his  position  as a
  retired Chairman of the Board and Chief Executive Officer of the Company.  The
  Company's   obligation  to  supply  the  foregoing  access  to  the  Company's
  facilities and services shall continue for a period of 10 years  following Mr.
  Esrey's  retirement,  except  that the  obligation  to  provide  an office and
  secretarial  support shall continue for Mr. Esrey's lifetime.  Subject only to
  Mr. Esrey's compliance,  to the best of his ability,  with his commitments set
  forth in this agreement, the Company's obligations set forth in this agreement
  are unconditional and irrevocable and shall apply  irrespective of Mr. Esrey's
  incapacitation,  prior or subsequent to his  retirement,  to perform  services
  hereunder.

6.Nothing in this  agreement  shall  require any change in the  Board's  current
  processes for establishing Mr. Esrey's salary,  bonus and long-term  incentive
  compensation  awards  based on his  performance  during the  remainder  of his
  service as Chairman and Chief Executive Officer.

                                   Page 2

<PAGE>

7.Following his retirement,  Mr. Esrey shall be an independent  contractor under
  this  agreement,  and no provision of, or action taken under,  this  agreement
  shall affect in any way Mr.  Esrey's  rights  under any Company  compensation,
  employee benefit and welfare plans, programs or practices,  including, without
  limitation, Company executive compensation, insurance, or pension plans.

8.No change, modification,  alteration or addition to any provision hereof shall
  be  binding  unless  in  writing  and  signed  by both  Mr.  Esrey  and a duly
  authorized representative of the Board of Directors of the Company.

    Sprint Corporation

By: /s/ Stewart Turley                  Date: 10/10/00

    By order of the Board of
    Directors

    /s/ William T. Esrey
    William T. Esrey                    Date: 10/10/00

                                   Page 3

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