Also, nicely put in step 3 from
[GNex TOOLKIT V5.5] Drivers, Backup, Unlock, Root, CWM, Flash, Mods + MUCH MORE [LTE] - xda-developers
3. FLASHING A ROM, RADIO OR KERNEL VIA CWM RECOVERY
a. Download your chosen Rom, Radio or Kernel from the Development Forum, then make sure your phone is booted up as normal and connect your usb cable so it goes into MTP Mode. Copy the .zip file (DO NOT UNZIP IT FIRST) to the 'Internal Storage' part on your phone. Do not copy it to a Sub Directory as it will be harder to find when flashing it.
b. Enter CWM Recovery by first entering the Fastboot mode Screen (Disconnect the usb cable (if you have one plugged in), then shut down your phone. Keep holding the 'Volume Up' and 'Volume Down' buttons and press the 'Power' button to boot the phone into FastBoot Mode), then select 'Recovery mode' by pressing the 'Volume Down' button and then press the 'Power' button to enter CMW Recovery.
You can also enter Recovery by downloading Rom Manager (free from the Market) which gives you the option to reboot to Recovery.
c. Scroll down to 'Install zip from sdcard' and select. Then select 'choose zip from sdcard'.
d. Scroll to your Roms' zip file and select. Then scroll down to 'Yes' in the list and select to start flashing the Rom.
e. When flashing is finished select 'Go Back' until you get to the Main Menu and then select 'reboot system now' to reboot your phone into Android.
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USEFUL INFORMATION
How to get into your FastBoot Mode
1. Turn your phone off
2. Unplug your usb cable if you have one plugged in
3. Keep holding the 'Volume Up' and 'Volume Down' buttons and press the 'Power' button to boot the phone into FastBoot Mode
How to get into ClockworkMod Recovery
1. First boot into FastBoot Mode as described above
2. Scroll down with the 'Volume Down' button until it says 'Recovery mode' at the top and press the 'Power' button to enter Recovery