Sprint - Nextel 2013 Annual Report Download - page 235

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Plan as of (x) the date the Separation from Service occurs, or (y) in the event of a Pre
-
CIC Termination, the date the Change in
Control occurs, as of which date all rights to severance benefits under this Agreement will cease.
(i)
The CIC Severance Plan will not apply and the Executive will be entitled to severance compensation and
benefits under Section 9(b) of this Agreement if the Executive (x) as of his Separation from Service is not a Participant in, or
(y) is otherwise not entitled to severance compensation and benefits under, the CIC Severance Plan.
(ii) If the Executive is entitled to severance benefits under the CIC Severance Plan as a result of a Pre
-CIC
Termination, any benefits payable before the Change in Control will be paid under this Agreement and any additional benefits
payable after the Change in Control will be paid under the CIC Severance Plan.
(iii) In no event may there be duplication of benefits under this Agreement and the CIC Severance Plan.
(iv)
The terms
Change in Control
and
Pre-
CIC Termination
are defined in the CIC Severance Plan.
(d)
Termination by Death
. If the Executive dies during the Employment Term, the Executive
s employment will
terminate and the Executive
s beneficiary or if none, the Executive
s estate, shall be entitled to receive from the Company, the
Executive
s accrued, but unpaid, Base Salary through the date of termination of employment and any vested benefits under any
Employee Plan in accordance with the terms of such Employee Plan and applicable law.
(e)
Termination by Disability
. If the Executive becomes Disabled prior to the expiration of the Employment
Term, the Executive
s employment will terminate, and provided that such termination constitutes a Separation from Service, the
Executive shall be entitled to:
(i)
receive from the Company periodic payments equal to his Base Salary in effect prior to the termination of
his employment (reduced by any amounts paid on a monthly basis under any long
-
term disability plan (the
LTD Plan
)
now
or hereafter sponsored by the Company), which payments shall be paid to the Executive commencing on the Separation from
Service date for 12 months in equal installments on the regular payroll dates under the Company
s payroll practices applicable
to the Executive on the date of this Agreement;
provided
,
however
, that in the event that the Executive is a Specified
Employee, with respect to any amount payable by reason of the Executive
s Separation from Service that constitutes deferred
compensation within the meaning of Code Section 409A, such installments shall not commence until the earlier to occur of (A)
the first business day of the seventh month following the date of the Executive
s Separation from Service and (B) death, in
which case the Executive (or the Executive
s estate in the event of Executive
s death) shall be paid on the
Hallock Employment Agreement Page 7 of 25