Sprint - Nextel 2011 Annual Report Download - page 201

8.7 Information Furnished by Participants. Neither Sprint Nextel nor the BAC shall be liable or responsible for any error in the
computation of the Account of a Participant resulting from any misstatement of fact made by the Participant, directly or indirectly, to Sprint
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extel or to the BAC, and used by it in determining the Participant's Account. Neither Sprint Nextel nor the BAC shall be obligated o
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required to increase the Account of such Participant which, on discovery of the misstatement, is found to be understated as a result of such
misstatement of the Participant. However, the Account of any Participant which is overstated by reason of any such misstatement shall be
reduced to the amount appropriate in view of the truth.
SECTION 9
PLAN ADMINISTRATION
9.1 Authority. The Committee shall:
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(a) establish rules for the functioning of the Committee, including the times and places for holding meetings, the notices to be
given in respect of such meetings and the number of members who shall constitute a quorum for the transaction of business,
(b) organize and delegate to such of its members as it shall select authority to execute or authenticate rules, advisory opinions o
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instructions, and other instruments adopted or authorized by the Committee; adopt such bylaws or regulations as it deems
desirable for the conduct of its affairs; appoint a secretary, who need not be a member of the Committee, to keep its records
and otherwise assist the Committee in the performance of its duties; keep a record of all its proceedings and acts and keep all
b
ooks of accounts, records and other data as may be necessary for the proper administration of the Plan; notify Sprint Nextel o
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any action taken by the Committee and, when required, notify any other interested person or persons,
(c) determine from the records of Sprint Nextel the Compensation, service records, status and other facts regarding Participants
and other employees,
(d) cause to be compiled at least annually, from the records of the Committee and the reports and accountings of any Trustee, a
report or accounting of the status of the Plan and the Accounts of the Participants, and make it available to each Participant
who shall have the right to examine that part of such report or accounting (or a true and correct copy of such part) which sets
forth the Participant's benefits and ratable interest in the Plan,
(e)
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rescribe forms to be used for applications for participation, benefits, notifications, etc., as may be required in the
administration of the Plan,
(f) set up such rules as are deemed necessary to carry out the terms of this Plan Statement,