Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 28, 2012, Cricket Communications, Inc. (the "Company") delivered a notice to each of the executive vice president and senior vice presidents of the Company who is a party to the Company's standard form of Severance Benefits Agreement (the "Severance Benefits Agreement"). The Severance Benefits Agreement provides that the term of the agreement will automatically extend each year for one additional year on each December 31st unless, not later than the immediately preceding January 1st, notice has been given that the term of the agreement will not be further extended.

Pursuant to the notice, each of the executives was informed that the term of his or her Severance Benefits Agreement would not automatically extend for an additional one year on December 31, 2013 and would therefore terminate on such date. Each of the executives was also informed that the Company intended to enter into a new agreement with them, which would be effective January 1, 2014 and replace the prior Severance Benefits Agreement.

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