Sprint - Nextel 2015 Annual Report Download - page 366

ARTICLE TWO
DEFINITIONS
2.01 Defined Terms. For purposes of this Plan the following terms shall have the following meanings:
(a) “ Accounting Firm ” means a nationally recognized accounting firm, or actuarial, benefits or compensation consulting
firm (with experience in performing the calculations regarding the applicability Section 280G of the Code and of the
tax imposed by Section 4999 of the Code) selected by the Corporation.
(b) “ Applicable Multiple ” means the number specified under the heading “Applicable Multiple” on Appendix II for the
Participant’s designated Severance Benefit Classification.
(c) “ Applicable Period ” means the period specified under the heading “Applicable Period” on Appendix II for the
Participant’s designated Severance Benefits Classification.
(d) “ Base Salary ” means the annual base salary of any Participant, exclusive of any bonus, special pay or other benefits
a Participant may receive, and for purposes of Article Four means such annual base salary in effect (i) on the date
immediately preceding the date of the relevant Change in Control or (ii) on the date of the Participant’s termination of
employment with a Company, whichever is higher.
(e) “ Board ” means the Board of Directors of the Corporation.
(f) “ Business Transaction ” has the meaning set forth in Section 2.01(h)(ii).
(g) “ Cause ” means a termination of a Participant’s employment due to the Participant’s:
(i) conviction of, or entering into a plea of either guilty or nolo contendere to, any felony, including, but not
limited to, a felony involving moral turpitude, embezzlement, theft or similar act that occurred during or in the
course of the Participant’s employment with a Company;
(ii) willful and continued failure to substantially perform his duties for a Company, after receiving written notice
from or on behalf of such Company and having had a thirty (30) day opportunity to cure the deficiency;
(iii) willful misconduct or gross negligence that results in material harm to a Company; or
(iv) willful violation of the Corporation’s policies that results in material harm to a Company.
CIC Severance Plan
Revision Date: 11.6.15 3