NEXTEL COMMUNICATIONS, INC. [FORM OF] Deferred Shares Agreement — Recognition AwardDeferred Shares Agreement • March 2nd, 2005 • Nextel Communications Inc • Radiotelephone communications • Delaware
WHEREAS, the Grantee is a key employee of the Company and has made and is expected to continue to make major contributions to the short- and long-term profitability, growth and financial strength of the Company including, among other things, through significant and ongoing contributions in connection with the Company’s efforts in the proceedings before the Federal Communications Commission (the “FCC”) relating to the elimination of interference in the 800 MHz spectrum band and the Company’s performance of its significant obligations under the Report and Order issued by the FCC in those proceedings and in connection with the proposed combination of the Company and Sprint Corporation as described below;
