Exhibit 10.5 SEPARATION AGREEMENT (BERNARD J. EBBERS) SEPARATION AGREEMENT, dated as of April 29, 2002, between WORLDCOM, INC., a Georgia corporation (the "Company"), and BERNARD J. EBBERS (the "Executive"). SECTION 1. RESIGNATION. The Executive...Separation Agreement • May 15th, 2002 • Worldcom Inc/ga// • Telephone communications (no radiotelephone) • Mississippi
RECITALSPledge and Security Agreement • May 15th, 2002 • Worldcom Inc/ga// • Telephone communications (no radiotelephone) • Mississippi
April 29, 2002 Bernard J. Ebbers 500 Clinton Center Drive Clinton, MS 39056 Dear Bernie: Reference is made to our letter agreement dated April 2, 2002 (the "Letter Agreement"). Unless otherwise defined, terms defined in the Letter Agreement and used...Promissory Note Amendment • May 15th, 2002 • Worldcom Inc/ga// • Telephone communications (no radiotelephone) • Mississippi
Reference is made to our letter agreement dated April 2, 2002 (the "Letter Agreement"). Unless otherwise defined, terms defined in the Letter Agreement and used herein shall have the meanings given to them therein.
EXHIBIT A MUTUAL RELEASE THIS RELEASE ("Release") is made by and between Bernard J. Ebbers ("you") and WorldCom, Inc. (the "Company") as of the date set forth below in connection with the parties' execution of the Separation Agreement dated April 29,...Mutual Release • May 15th, 2002 • Worldcom Inc/ga// • Telephone communications (no radiotelephone)
April 2, 2002Limited Guaranty • May 15th, 2002 • Worldcom Inc/ga// • Telephone communications (no radiotelephone)
