EMBARQ KEY MANAGEMENT BENEFIT PLANManagement Benefit Plan • May 11th, 2006 • Embarq CORP • Telephone communications (no radiotelephone) • Kansas
This Plan has been established in accordance with Section 5 of the Employee Matters Agreement dated May 17, 2006 by and between Sprint Nextel Corporation and Embarq Corporation for the benefit of certain current and former key executives of Embarq Corporation and its subsidiaries who were participants in the Sprint Key Management Benefit Plan immediately prior to the Effective Date, in order to retain or reward them for their services and encourage them to continue the increasing profitability of the Company.
