Sprint - Nextel 2012 Annual Report Download - page 230
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3.
Acceleration of Vesting
The unvested portion of your Option Right may become vested before the time at which it would normally become vested by
the passage of time
-
that is, the vesting may accelerate. Accelerated vesting can apply in the four circumstances described below.
Event
Condition for acceleration
Effective date of acceleration
Death
If you die
Date of Death
Disability
If you have a termination of employment
under circumstances that would make you
eligible for benefits under our long
-
term
disability plan
Your Termination Date
Normal
Retirement
If your Termination Date is on or after
-
The first anniversary of the Date
of Grant, and
-
Your 65
th
birthday
Your Termination Date
Involuntary
Termination
without Cause
or Resignation
with Good
Reason
If you have an Involuntary Termination
without Cause, or you resign with Good
Reason, subject to your execution of a
release as described under Section 9(b) of
your employment agreement
Your Termination Date