Sprint - Nextel 2012 Annual Report Download - page 224

may be exercised in accordance with the terms of the Award by any beneficiary you name in a beneficiary designation or, if you make
no designation, by your estate.
8.
Plan Terms
All capitalized terms used in this Agreement that are not defined in this Agreement have the same meaning as those terms have
in the Plan. The terms of the Plan are hereby incorporated by this reference. The Plan is available on line at
http://iconnect.corp.sprint.com/portal/iland/?
dochome=iw&docpath=IntranetDirectory/LandingPage/20080605_1650_10367056#LTI .
9.
Adjustment
In the event of any change in the number or kind of outstanding shares of our Common Stock by reason of a recapitalization,
merger, consolidation, reorganization, separation, liquidation, stock split, stock dividend, combination of shares or any other change in
our corporate structure or shares of our Common Stock, an appropriate adjustment will be made consistent with applicable
provisions of the Code and applicable Treasury Department rulings and regulations in the number and kind of shares subject to
outstanding Awards and any other adjustments as the Board deems appropriate.
10.
Amendment; Discretionary Nature of Plan
This Agreement is subject to the terms of the Plan, as may be amended from time to time, except that the Award which is the
subject of this Agreement may not be materially impaired by any amendment or termination of the Plan approved after the Date of
Grant without your written consent. You acknowledge and agree that the Plan is discretionary in nature and may be amended,
cancelled, or terminated by the Company, in its sole discretion, at any time. The grant of the Option Award under the Plan is a one -
time benefit and does not create any contractual or other right to receive a grant of Option Awards, other types of grants under the
Plan, or benefits in lieu of such grants in the future. Future grants, if any, will be at the sole discretion of the Company, including, but
not limited to, the timing of any grant, the number of shares underlying the Option Award granted, and vesting provisions.
11.
Data Privacy
By entering into this agreement, you (i) authorize us, and any agent of ours administering the Plan or providing Plan
recordkeeping services, to disclose to us or our subsidiaries such information and data as we or our subsidiaries request in order to
facilitate the grant of the Option Right and the administration of the Plan; (ii) waive any data privacy 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 Agreement will be governed by the laws of the State of Kansas. No shares of Common Stock will be delivered upon the
exercise of the Option Right 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 Agreement are severable, and any determination of invalidity or unenforceability of any one
provision shall have no effect on the remaining provisions.
14.
Entire Agreement
You hereby acknowledge that you have read the 2007 Omnibus Incentive Plan Information Statement dated April 2010 (the
“ Information Statement ” ) available on line at http://iconnect.corp.sprint.com/portal/iland/?
dochome=iw&docpath=IntranetDirectory/LandingPage/20080605_1650_10367056#LTI . To the extent not inconsistent with the
provisions of this Agreement, the terms of the Information Statement and the Plan are hereby incorporated by reference.