TERM SHEET FOR SUBSCRIBER UNITS AND SERVICES AGREEMENT BETWEEN NEXTEL COMMUNICATIONS, INC. AND MOTOROLA, INC.Term Sheet for Subscriber Units and Services • November 30th, 2010 • Motorola Mobility Holdings, Inc • Radio & tv broadcasting & communications equipment • Illinois
This term sheet agreement (“Term Sheet”) is between Nextel Communications, Inc. (“Nextel”) and Motorola, Inc. (“Motorola”), collectively the “Parties”, for the supply of iDEN Subscriber Units, iDEN Subscriber Unit Features (“ISUF”), and Services. The Parties intend to enter into a final multi-year supply agreement. It is the intent of the Parties that this Term Sheet expresses the general basis for that multi-year supply agreement and that substantially similar terms and conditions as stated herein will be incorporated into that agreement. The terms and conditions contained herein are interim terms only, and the parties agree that all terms and conditions whether or not included in this Term Sheet shall be negotiated in good faith as part of the 2003-05 Agreement (as defined below). Finalization of the 2003-05 Agreement is based upon resolution of relationship issues currently being addressed by Senior Management. Additionally, during the term of this Term Sheet, the Parties will condu
