Sprint - Nextel 2011 Annual Report Download - page 317

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rivacy rights you may have with respect to such information; and (iii) authorize us to store and transmit such information in electronic form.
12. Governing Law
This Award Agreement will be governed by the laws of the State of Kansas. No shares of Common Stock will be delivered to you
upon the vesting of the RSUs unless counsel for the Company is satisfied that such delivery will be in compliance with all applicable laws.
13. Severability
The various provisions of this Award Agreement are severable, and any determination of invalidity or unenforceability of any one
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rovision shall have no effect on the remaining provisions.
14. Taxes
You are liable for any and all taxes, including withholding taxes, arising out of this grant or the issuance of the Common Stock on
vesting of RSUs. The Company is authorized to deduct the amount of the tax withholding from the amount payable to you upon settlement of
the RSUs. We will withhold from the total number of shares of Common Stock you are to receive the value equal to the amount necessary to
satisfy any such withholding obligation at the minimum applicable withholding rate. In addition, if you become subject to FICA or Medicare
tax, but you are not yet entitled to delivery of the shares of Common Stock underlying the RSUs, you hereby authorize us to withhold the
resulting FICA or Medicare tax from other income payable to you.
15. Entire Agreement
You hereby acknowledge that you have read the 2007 Omnibus Incentive Plan Information Statement dated April 2008 (the
“Information Statement”) available at http://iconnect.nextel.com/portal/iland/?
dochome=iw&docpath=IntranetDirectory/LandingPage/20050315_11555#LTI. To the extent not inconsistent with the provisions of this Award
Agreement, the terms of the Information Statement and the Plan are hereby incorporated by reference. This Award Agreement, along with the
Information Statement and the Plan, contain the entire understanding of the parties.
Sprint Nextel Corporation
By: _____/s/ Sandra Price________
________-/s/ Matthew Carter_______
Matthew Carter Jr.
This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933.
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Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
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Exhibit 21
SPRINT NEXTEL CORPORATION
SUBSIDIARIES OF REGISTRANT
Section 11: EX-12 (RATIO OF EARNINGS TO COMBINED FIXED CHARGES)
For the Years Ended
December 31,
2011 2010 2009 2008 2007
(in millions)
Earnings:
Loss from continuing operations before income taxes $ (2,636) $ (3,299) $ (3,494) $ (4,060) $ (29,775)
Equity in losses of unconsolidated investments 1,730 1,286 803 64 3
Fixed charges 2,068 2,081 2,047 2,094 2,213
Interest capitalized (413) (13) (12) (123) (127)
Amortization of interest capitalized 48 85 85 80 72
Earnings (loss), as adjusted 797 140 (571) (1,945) (27,614)
Fixed charges:
Interest expense, gross 1,011 1,464 1,450 1,362 1,433
Interest capitalized 413 13 12 123 127
Portion of rentals representative of interest 644 604 585 609 653
Fixed charges 2,068 2,081 2,047 2,094 2,213
Ratio of earnings to fixed charges — (1) — (2)
— (3) — (4) — (5)
(
1
)
Earnin
g
s
(
loss
)
, as ad
j
usted were inade
q
uate to cover fixed char
g
es b
y
$1.3 billion in 2011.
(
2
)
Earnin
g
s
(
loss
)
, as ad
j
usted were inade
q
uate to cover fixed char
g
es b
y
$1.9 billion in 2010
(3) Earnings (loss), as adjusted were inadequate to cover fixed charges by $2.6 billion in 2009.
(
4
)
Earnin
g
s
(
loss
)
, as ad
j
usted were inade
q
uate to cover fixed char
g
es b
y
$4.0 billion in 2008.
(
5
)
Earnin
g
s
(
loss
)
, as ad
j
usted were inade
q
uate to cover fixed char
g
es b
y
$29.8 billion in 2007.
Section 12: EX-21 (SUBSIDIARIES OF THE REGISTRANT)