Exhibit 10(cc)
SUMMARY OF EXECUTIVE OFFICER AND BOARD OF DIRECTORS BENEFITS
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Description of Benefit Eligible Positions Amount/Schedule
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Automobile Allowance Chief Executive Officer $ 1,500/month
Chief Operating Officer $ 1,300/month
Division Presidents and Executive Vice $ 1,100/month
Presidents
Senior Vice Presidents $ 1,000/month
Vice Presidents $ 900/month
Assistant Vice Presidents $ 700/month
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Club Membership Chief Executive Officer, Chief Operating Dues approved at discretion
Officer, Division Presidents and Executive of CEO
Vice Presidents
Senior Vice Presidents Dues approved at discretion
of Executive Vice Presidents
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Sprint Long-Distance Board of Directors $ 6,000/year (continues after
Telephone Service retirement for up to 120 months)
Chief Executive Officer, Chief Operating Unlimited (continues after
Officer, Division Presidents, Executive retirement)
and Senior Vice Presidents
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Sprint PCS Service Board of Directors $2,000/year
Use of PCS handset
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Miscellaneous services Chief Executive Officer and Chief Operating $15,000/year
(e.g., investment/tax Officer
counseling, income tax Division Presidents and Executive Vice $12,000/year
preparation, estate Presidents
planning) Senior Vice Presidents $10,000/year
Vice Presidents and Assistant Vice Presidents $3,500 initially and
$1,500/year
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Disability Chief Executive Officer, Chief Operating 52 weeks at full base pay
Officer, Division Presidents, Executive and
Senior Vice Presidents, Vice Presidents and
Assistant Vice Presidents
Exhibit 10(cc)
(continued)
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Separation Chief Executive Officer, Chief Operating Less than 5 years'services:
Officer, Division Presidents, Executive and 17 weeks' salary
Senior Vice Presidents, Vice Presidents and continutation
Assistant Vice Presidents 5 to 10 years' service
35 weeks' salary
continuation
11 to 18 years' service
43 weeks' salary
continuation
More than 19 years' service:
1 year salary continuation