Try this, change
blue stuff to the real info, you'll need to make the
*identified* should be a wildcard match for the notice you get when your passwd is accepted.
on *:connect:{
if $network == [color:blue]NameoftheNET[/color] {
nickserv identify [color:blue]passwd[/color]
}
}
on *:notice:[color:red]*identified*[/color]:*:{
join #chan,#chanel5
}