Exhibit 10.1
 
 
 
 

 
Dated 16th September 2009
 

 
 
 
 
VIRGIN MEDIA LIMITED

and

EAMONN O’HARE

       
SERVICE AGREEMENT
 

 
 
 
 
 
 
 
 
 
[virginmedia.jpg]
 
Virgin Media Limited
160 Great Portland Street
London
W1W 5QA

 
 

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CONTENTS

Clause   Page       1
DEFINITIONS AND INTERPRETATION
2
 

2
TERM OF EMPLOYMENT
2
 
3
DUTIES
3
 
4
HOURS OF WORK
4
 
5
GRATUITIES
4
 
6
CODES OF CONDUCT
4
 
7
REMUNERATION
5
 
8
PENSION SCHEME
6
 
9
OTHER BENEFITS
7
 
10
COMPANY CAR ALLOWANCE
8
 
11
EXPENSES
8
 
12
ANNUAL LEAVE
8
 
13
ILLNESS
9
 
14
RESTRICTIONS DURING EMPLOYMENT
9
 
15
INTELLECTUAL PROPERTY
10
 
16
CONFIDENTIALITY
10
 
17
DATA PROTECTION
11
 
18
DEDUCTIONS FROM SALARY
12
 
19
HEALTH AND SAFETY
12
 
20
ENTITLEMENT TO WORK IN THE UK
13
 
21
MONITORING
13
 
22
TERMINATION OF EMPLOYMENT
13
 
23
SUSPENSION AND GARDEN LEAVE
15
 
24
TERMINATION AND RETURN OF COMPANY PROPERTY
16
 
25
RECONSTRUCTION OR AMALGAMATION
16
 
26
RESTRICTIONS AFTER EMPLOYMENT
16
 
27
SEVERABILITY
19
 
28
THIRD PARTIES
20
 
29
NOTICES
20
 
30
STATUTORY INFORMATION
20
 
31
MISCELLANEOUS
20
 
32
CHANGES TO TERMS AND CONDITIONS
21
 
 
SCHEDULE 1
 
    Restricted stock and options
 

22
 
 
SCHEDULE 2
 
    Statement Of Particulars Pursuant To The Employment Rights Act 1996
 
 
23
 
 
SCHEDULE 3
 
    Certificate of Compliance

24
 

 
 

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THIS DEED is made on 16th September 2009
 
BETWEEN:
 
(1)  
Virgin Media Limited whose registered office is at 160 Great Portland Street,
London, W1W 5QA (the “Company”); and

 
(2)  
Eamonn O’Hare, (the “Executive”).

 
RECITAL
 
The Company shall employ the Executive and the Executive shall serve the Company
as Chief Financial Officer on the following terms and subject to the following
conditions (the “Agreement”):
 
NOW THIS DEED WITNESSES:
 
1  
DEFINITIONS AND INTERPRETATION

 
1.1  
In this Agreement unless the context otherwise requires the following
expressions shall have the following meanings:

 
“Board”
 
the board of directors from time to time of any Group Company as the case may be
(including any committee of the board duly appointed by it);
 
“Compensation Committee”
 
the Compensation Committee of Virgin Media Inc.;
 
“Garden Leave”
 
any period during which the Company has exercised its rights under clause 23.2;
 
 “Group”
 
the Company, its holding company (as defined in Section 736 of the Companies Act
1985) (including, without limitation, Virgin Media Inc.) and its group
undertakings (as defined in Sections 258 and 259 of the Companies Act 1985) from
time to time and “Group Company” means any one of them;
 
“Parent”
 
Virgin Media Inc., a Delaware corporation, and any successor thereto.
 

 
1.2  
Any reference to a statutory provision shall be deemed to include a reference to
any statutory modification or re-enactment of it.

 
1.3  
The headings in this Agreement are for convenience only and shall not affect its
construction or interpretation.

 
1.4  
References in this Agreement to a person include a body corporate and an
incorporated association of persons and references to a company include any body
corporate.

 
1.5  
Where appropriate, references to the Executive include his personal
representatives.

 
2  
TERM OF EMPLOYMENT AND INITIAL PERIOD

 
2.1  
The employment of the Executive shall be deemed to have commenced on a date to
be confirmed and (subject to termination as provided below) shall be for an
indefinite period terminable by either party giving to the other 12 months
notice in writing.

 
2.2
Notwithstanding clause 2.1 above the employment of the Executive shall
automatically terminate on the day when the Executive reaches age 65.

 
2.3
The Executive represents and warrants that he is not bound by or subject to any
contract, court order, agreement, arrangement or undertaking which in any way
restricts or prohibits him from entering into this Agreement or performing his
duties under it and undertakes to indemnify the Company against any claims,
costs, damages, liabilities or expenses which the Company may incur as a result
of any claim that he is in breach of any such obligations.

 
2.2  
The provisions of this Clause 2.2 shall apply and modify the terms on which the
Executive is employed by the Company from the date the employment commences
under this Agreement until the date falling 5 business days after notice given
by the Executive to the Company (the “Executive’s Notice” ) that he has been
released from his notice obligations to Tesco PLC and is able to work full-time
for the Company (the “Initial Period”). The Executive’s Notice must be given no
later than 5 November 2009.

 
2.2.1  
During the Initial Period the Executive’s job title shall be Senior Vice
President, Finance. The Executive shall be available to the Company to perform
his duties in this role for a period equivalent to 1 working day in each week at
times agreed with the Company. The Executive shall advise the Company of any
days or periods of time when his obligations to Tesco PLC shall mean that he is
not available to the Group. The Executive shall keep a record of hours worked
for the Group in each week and shall provide them to the Company in a timely
manner.

 
2.2.2  
During the Initial Period the Executive’s salary will be £7,539 (based upon a
day rate of £1,885 and 4 working days) per month (the Initial Period
Salary).   Employer pension contributions and life assurance benefits payable in
respect of the Initial Period will be determined using the Initial Period Salary
and the car allowance payable under the provisions of clause 10 will be £48.08
per working day per month. The Executive will not be provided with private
medical cover or private dental cover during the Initial Period. The Executive’s
holiday allowance during the Initial Period will be 0.5 days per month.

 
3  
DUTIES

 
3.1  
The Executive shall during his employment under this Agreement:

 
3.1.1  
perform the duties and exercise the powers which the Chief Executive Officer  or
the Board of the Parent may from time to time properly assign to him in his
capacity as Chief Financial Officer in connection with the conduct and
management of the business of any Group Company (including serving on the board
of such Group Company or on any other executive body or any committee of such a
company);

 
3.1.2  
do all in his power to promote, develop and protect any business of the Group
and at all times and in all respects conform to and comply with the proper and
reasonable directions and regulations of the Group;

 
3.1.3  
devote the whole of his working time and attention to the duties assigned to
him;

 
3.1.4  
faithfully and diligently serve the Group;

 
3.1.5  
act in the best interests of the Group;

 
3.1.6  
comply with his fiduciary duties;

 
3.1.7  
not enter into any arrangement on behalf of the Group which is outside its
normal course of business or his normal duties or which contains unusual or
onerous terms; and

 
3.1.8  
report the wrongdoing (including acts of misconduct, dishonesty, breaches of
contract, fiduciary duty, company rules or the rules of the relevant regulatory
bodies) whether committed, contemplated or discussed by any other director or
member of staff of any Group Company of which the Executive was aware to the
General Counsel and/or Chief People Officer immediately, irrespective of whether
this may involve some degree of self incrimination.

 
3.2  
The Executive shall give to the Board of the Parent such information regarding
the affairs of the Group as it shall require, and in any event, report regularly
and keep the Board of the Parent informed.

 
3.3  
The Executive shall carry out his duties and exercise his powers jointly with
any other executive(s) appointed by the Board of the Parent and / or the Company
to act jointly with him and the Board of the Parent may at any time require the
Executive to cease performing or exercising the said or any duties or powers.

 
3.4  
The Executive’s normal place of work will be Media House, Bartley Wood Business
Park, Hook, Hampshire, RG27 9UP. The Executive agrees that he may however work
in any place within the United Kingdom, which the Company may reasonably require
and he may be required to travel abroad when required by the Group for the
proper performance of his duties.

 
4  
HOURS OF WORK

 
4.1
The Executive will comply with the Group's normal hours of work and will also
work such additional hours as are reasonably necessary to perform his
duties.  He will not receive any further remuneration for any hours worked in
addition to the normal working hours.

 
4.2
The Executive agrees that the performance of his duties pursuant to this
Agreement may require him to work more than 48 hours per week and consents to
opt out of that part of the Working Time Regulations 1998 which limits the
working week to a maximum of 48 hours averaged over 17 weeks.  The Executive may
withdraw this consent to work more than 48 hours per week by giving not less
than three months' notice to the General Counsel or Chief People Officer.

 
5  
GRATUITIES

 
5.1  
The Executive shall not directly or indirectly accept any commission, rebate,
discount or gratuity in cash or in kind from any person who has or is having or
is likely to have a business relationship with any Group Company unless the
gratuity is of minimal value and only made on an occasional basis.

 
5.2  
Notwithstanding clause 5.1 above, the Executive shall register any such gratuity
on the Gifts and Hospitality Register, whether or not any such gift or
hospitality is accepted.  Details of the Gifts and Hospitality Register are
available from the People Team or via the Group Risk and People Team intranet
sites.

 
6  
CODES OF CONDUCT

 
6.1  
The Executive shall comply (and procure that his spouse and minor children shall
comply) with all applicable rules and regulations of the NASDAQ Exchange and the
laws of the United States of America applicable to any Group Company, including
without limitation the regulations of the U.S. Securities and Exchange
Commission, and any other codes, rules or regulations of any other relevant
regulatory authority in the UK, USA or any other relevant jurisdiction from time
to time in relation to the holding or trading of shares, debentures or other
securities.

 
6.2  
The Executive shall comply with any Codes of Conduct of the Group (including but
not limited to the Group’s Code of Conduct together with the Code of Ethics for
Principle Executive and Senior Officers of Virgin Media Inc. and Virgin Media
Investment Holdings Limited and the Group's Insider Trading Policy) from time to
time in force and any other relevant regulatory authority.  The Company may
require from time to time questionnaires or other forms to be completed by the
Executive in connection with these Codes of Conduct and other policies; the
Executive agrees to complete these forms in a timely fashion.

 
6.3  
The Executive shall sign the Group’s Certificate of Compliance in relation to
any such codes; a copy of the Certificate is appended to this Agreement under
Schedule 3.  In the event that the Company requires further certifications, the
Executive agrees to comply in a timely fashion.

 
7  
REMUNERATION

 
7.1  
The Company shall pay to the Executive as Chief Financial Officer a salary at
the rate of four hundred and ninety thousand pounds (£490,000) gross per year
subject to deductions for income tax and national insurance contributions and
inclusive of any fees payable to him by reason of his holding any Office in any
Group Company for full time employment.

 
7.2  
The Executive’s salary shall accrue from day to day and be payable by equal
monthly instalments in arrears on or about the 26th of each month.

 
7.3  
The Executive’s salary shall be reviewed once in every year.  The undertaking of
a salary review does not confer a contractual right (whether express or implied)
to any increase in salary and the Executive acknowledges that any salary
increase is at the discretion of the Company.

 
7.4  
The Executive is eligible to participate in such bonus scheme as the Group may
from time to time nominate subject to the rules of such scheme as amended from
time to time.  The payment of any bonus together with any amount payable is at
the Group’s absolute discretion and may from time to time be determined by the
Group. A bonus if awarded may be in cash, shares (restricted or otherwise) of
Virgin Media Inc. or options or phantom options over such shares or a mixture
thereof at the discretion of the Compensation Committee.  Any bonus payment will
not be part of the contractual remuneration or fixed salary hereunder.  Details
of the bonus scheme will be communicated to the Executive separately. In respect
of calendar year 2009, in determining the Executive’s pro-rated bonus the Group
will have regard to the number of days worked in the Initial Period and the
period of full-time employment thereafter.

 
7.5  
The entitlement to and payment of any bonus is conditional upon the Executive
being employed and not having given notice on the last calendar day of the month
in which the bonus is paid (currently March).  The Executive acknowledges that
the termination of the Executive’s employment whether lawful or unlawful prior
to the last calendar day of the relevant bonus period shall not in any
circumstance give rise to a claim by the Executive for compensation in lieu of
such bonus or compensation to cover the loss of opportunity to earn such bonus.
In the event that the Company improves this policy for senior executives, it
will consider application of that policy to the Executive.

 
7.6  
The Executive shall be eligible to participate in such incentive plans upon such
terms, as the Compensation Committee of the Parent shall determine from time to
time.  The terms of the performance based restricted stock awards and options
granted in connection with the commencement of employment under   this Agreement
are summarised in Schedule 1. The Executive will be eligible to participate in
the Groups’ 2009-2011 Long Term Incentive Plan, with effect from the
commencement of his employment under this Agreement.  The grant made in respect
of his participation will be based upon 5/6ths (i.e. £408,333) of the
Executive’s base salary.

 
7.7  
If the Compensation Committee determines that the Executive’s gross negligence,
fraud or other misconduct has contributed to the Group having to restate all or
a portion of its financial statements the Compensation Committee of Virgin Media
Inc. may if it determines in its sole judgment that it is in the Group's
interest to do so require reimbursement by the Executive of any payment made
under any bonus scheme where: (1) the payment under that bonus scheme was
predicated upon achieving certain financial results that were subsequently the
subject of a restatement of Group financial statements filed with the Securities
and Exchange Commission and/or the satisfaction of financial results or other
performance metric criteria which the Compensation Committee subsequently
determined were materially inaccurate; (2) the Compensation Committee determines
that the Executive’s gross negligence, fraud or other misconduct contributed to
the need for the restatement and/or inaccuracy; and (3) a lower bonus payment or
award would have been made to the Executive based upon the restated financial
results or accurate financial results or performance metric criteria.  In any
such case the Compensation Committee may, to the extent permitted by applicable
law, recover from the Executive, whether or not he remains in employment with
the Group, the amount by which the Executive’s bonus payment/award for the
relevant period exceeded the lower payment/award, if any, that would have been
made based on the restated financial results or accurate financial results or
performance metric criteria.  The Executive agrees that he will upon demand by
the Group repay to the Group the sum so demanded within 21 days of receiving the
demand for payment and whether or not he remains the employee of the Group
together with interest whichever is the greater of 5% or 1% above the Bank of
England minimum lending rate from time to time from the date of the bonus
payment or award to the date of actual repayment.

 
8  
PENSION SCHEME

 
8.1
The Executive will be eligible to become a member of the Company’s group pension
plan (“Pension Plan”), to which the Company shall contribute the amount of 20%
of base salary in accordance with rules of the Pension Plan and any applicable
prevailing Company limits, as amended from time to time and subject to the
approval of the Compensation Committee. The Executive will be contracted into
the State Second Pension (S2P) unless the Executive opts to contract-out or
contracting-out is a requirement of the Executive’s plan.   The Executive’s
contributions will be deducted from monthly salary payments and passed on to the
Pension Plan provider.   At any time the Company may elect to suspend or
terminate operation of the Pension Plan and replace them with another
arrangement(s). An outline description of the terms of the Pension Plan, are set
out in a member’s guide.  A copy of this document is available from the People
Team or is available on the Group intranet site.

 
9
OTHER BENEFITS

 
9.1  
The Executive may participate in the following schemes:

 
9.1.1  
a private medical expenses scheme providing such cover for the Executive and his
spouse/partner and children as defined in the rules of the scheme as the Company
may from time to time notify to the Executive.  This benefit will be subject to
deduction of tax in line with HM Revenue & Customs requirements;

 
9.1.2  
a private dental insurance scheme providing such cover for the Executive and his
spouse/partner as the Company may from time to time notify to the
Executive.  This benefit will be subject to the deduction of tax in line with HM
Revenue & Customs requirements.

 
9.1.3  
subject to the applicable waiting period, a salary continuance or long-term
disability insurance scheme providing such cover for the Executive as the
Company may from time to time notify to him;

 
9.1.4  
a life insurance scheme under which a lump sum benefit shall be payable on the
Executive’s death while this Agreement continues; the benefit of which shall be
paid to such dependants of the Executive or other beneficiary as the trustees of
the scheme select at their discretion, after considering any beneficiaries
identified by the Executive in any expression of the Executive’s wishes
delivered to the trustees before his death.  The benefit is equal to 4 times the
Executive’s annual base salary at his death but annual base salary for this
purpose shall not exceed the relevant limits prescribed by the Company from time
to time.  The Executive is required to complete all necessary paperwork to
ensure eligibility to full benefit under the scheme.  The Company accepts no
liability should full payment not be made on the basis that the Executive has
failed to complete the requisite paperwork.  The Executive may be required to
undergo examinations by a medical examiner appointed or approved by the Company
in connection with the operation of the scheme; and/or

 
9.1.5  
a personal accident insurance scheme providing such cover for the Executive as
the Company may from time to time notify to him.

 
9.2  
Benefits under any insurance scheme shall be subject to the rules of the
scheme(s) and the terms of any applicable insurance policy and are conditional
upon the Executive complying with and satisfying any applicable requirements of
the insurers.  Copies of these rules and policies and particulars of the
requirements shall be provided to the Executive on request.  The Company shall
not have any liability to pay any benefit to the Executive under any insurance
scheme unless it receives payment of the benefit from the insurer under the
scheme.  The Company reserves the right to amend or withdraw any insurance
scheme at its discretion from time to time.

 
9.3  
Any insurance scheme which is provided for the Executive is also subject to the
Company’s right to alter the cover provided or any term of the scheme or to
cease to provide (without replacement) the scheme at any time.

 
9.4  
The provision of any insurance scheme does not in any way prevent the Company
from lawfully terminating this Agreement in accordance with the provisions of
this Agreement even if to do so would deprive the Executive of membership of or
cover under any such scheme.

 
9.5
The Company shall pay for the executive to receive tax planning advice.
The  maximum cost to the Company will be £15,000 (exclusive of VAT)  in
each  year of  the Executive’s service. The Executive understands that this is a
taxable benefit.

 
10  
COMPANY CAR ALLOWANCE

 
The Company shall provide the Executive with a non-pensionable car allowance of
£1,041.66 gross per month payable monthly in arrears (£12,500 annually),
together with payment of salary pursuant to clause 7.  Full details are
contained in the Perk Car Policy which is available on the Group intranet
site.  The Company reserves the right to review and amend these policies at any
time.  It is a condition of the Executive’s employment that the Executive
retains a current full driving licence (valid in the UK) and complies with the
rules of the prevailing Perk Car Policy.  If the Executive fails to comply with
these rules or is disqualified from driving for any period, the Company reserves
the right to dismiss the Executive immediately without compensation in
accordance with the Company’s Disciplinary Policy and Procedures.
 
11  
EXPENSES

 
The Company shall reimburse or procure that the Executive is reimbursed all
expenses properly incurred in accordance with the Company’s Travel and Expenses
policy in force from time to time and available on the Group intranet site or
from the People Team.
 
12  
ANNUAL LEAVE

 
12.1  
The Executive is entitled to 25 days holiday with pay every calendar year in
addition to bank and other public holidays rising to 28 days after five years’
continuous service.  The Company’s holiday year runs from 1 January to 31
December.

 
12.2  
The Company may refuse to allow the Executive to take holiday in circumstances
where it would be inconvenient to the business (including bank or public
holidays).  The Company reserves the right to refuse holiday (including holiday
that has previously been approved) up to and including the day before the
holiday is due to be taken.  In such circumstances the Company will however
attempt to give as much notice as reasonably possible.

 
12.3  
If either party serves notice to terminate the employment the Company may
require the Executive to take any accrued but unused holiday entitlement during
the notice period (whether or not the Company has exercised its rights under
clause 23.2).

 
12.4  
In all other respects unless detailed above, the Executive is subject to the
terms of the Company’s annual leave policy which is available on the Group
intranet site or from the People Team.

 
13  
ILLNESS

 
13.1  
If the Executive is absent from work due to sickness or injury, the Executive
may be eligible for Company sick pay, which is payable at the Company’s absolute
discretion.  Subject to this discretion and provided the Executive complies with
the Sickness Absence Policy requirements, the Executive will be paid according
to the Executive’s normal basic salary rate.  Further details are set out in the
Company’s Sickness Absence Policy which is available on the Group intranet site
or can be obtained from the People Team.

 
13.2  
If the Executive is incapable of performing his duties by reason of injury
sustained wholly or partly as a result of negligence, nuisance or breach of any
statutory duty on the part of a third party and the Executive recovers an amount
by way of compensation for loss of earnings from that third party, he shall
immediately pay that part of such amount to the Company which relates to loss of
earnings for the period during which he was paid by the Company but unable to
perform his duties under the Agreement.

 
13.3  
The Company shall be entitled to require the Executive to undergo examinations
from time to time by a medical adviser appointed or approved by the Company and
the Executive authorises the medical adviser and/or will provide such consents
as are necessary to disclose to the Company the results of such examinations.

 
14  
RESTRICTIONS DURING EMPLOYMENT

 
14.1  
The Executive shall not during his employment with the Company and warrants to
the Company that as at the date of this agreement he is not (save as a
representative of the Company or with the prior written approval of the General
Counsel or Chief Executive Officer) whether directly or indirectly, paid or
unpaid, be engaged or concerned in the conduct of, be or become an employee,
agent, partner, consultant or director of or assist or have any financial
interest in any other actual or prospective business or profession which is
similar to or in competition with the business carried on by any Group Company
or which may reasonably be thought by the Company to interfere, conflict or
compete with the proper performance of the Executive's obligations to the Group.
The Executive may not hold any office as a director or chairman of another
company without the prior written consent of the Company.  In any event, the
Executive may not be the chairman of a FTSE 100 company or be a non-executive
director of more than one such company.

 
14.2  
The Executive shall be permitted to hold shares or securities of a company any
of whose shares or securities are quoted or dealt in on any recognised
investment exchange provided that any such holding shall not exceed one per cent
of the issued share capital of the company concerned and is held by way of bona
fide investment only ("Investment").

 
14.3  
The Executive shall disclose to the Company any matters relating to his spouse
or civil partner (or anyone living as such), their children, stepchildren,
parents or any trust or firm whose affairs or actions he controls which, if they
applied to the Executive, would contravene clauses 14.1 or 14.2 to the extent
that he has actual knowledge of such matters.

 
15  
INTELLECTUAL PROPERTY

 
15.1  
“Intellectual Property Rights” means any patents, trade marks, service marks,
design rights, registered designs, applications for any of the foregoing,
copyright, database rights, know-how and other similar rights or obligations
whether registrable or not in any country.

 
15.2  
The parties agree that any Intellectual Property Rights in any material or
invention that the Executive creates (or participates in creating) in the course
of business (“Company IPR”) shall vest in the Company.

 
15.3  
The Executive hereby assigns to the Company with full title guarantee and, when
appropriate, by way of future assignment, all his rights in the Company IPR for
the full term thereof throughout the world.  The Executive must complete
whatever documents or take whatever action the Company may request from time to
time, both during and after the termination of the Executive’s employment, to
obtain any applicable registrations and to confirm that all Company IPR vests in
the Company.

 
15.4  
The Executive waives all moral rights (whether arising under Chapter IV of the
Copyright, Designs and Patents Act 1988 or otherwise, to the extent permissible
under law) in works to which clause 15.2 applies.

 
15.5  
The Executive hereby irrevocably appoints the Company to be his attorney in his
name and on his behalf to execute and do any such instrument or thing and
generally to use his name for the purpose of giving to the Company or its
nominee the full benefit of this clause.

 
16  
CONFIDENTIALITY

 
16.1  
Without prejudice to his common law duties, the Executive shall not (save in the
proper course of his duties, as required by law or as authorised by the Company)
use or communicate to any person (and shall use his best endeavours to prevent
the use or communication of) any trade or business secrets or confidential
information of or relating to any Group Company (including but not limited to
details of actual or potential customers, employees, consultants, suppliers,
designs, products, product applications, trade arrangements, terms of business,
customer requirements, operating systems, sales information, marketing
information or strategies, manufacturing processes, software, disputes,
commission or bonus arrangements, pricing and fee arrangements and structures,
business plans, financial information, inventions, research and development
activities, personal or sensitive personal data and anything marked or treated
as confidential) which he creates, develops, receives or obtains while in the
service of any Group Company.  This restriction shall continue to apply after
the termination of the Executive's employment howsoever arising without limit in
time.

 
16.2  
Reference to confidential information in this clause 16 shall not include
information which is in the public domain at the time of its disclosure or which
comes into the public domain after its disclosure otherwise than by reason of a
breach of this agreement, information which was already demonstrably known to
the receiving party at the date of disclosure and had not been received in
confidence from the Company or information which is required to be disclosed as
a matter of law.  It shall include information in the public domain for so long
as the Executive is in a position to use such information more readily than
others who have not worked for the Company.

 
16.3  
During his employment the Executive shall not make (other than for the benefit
of the Company) any record (whether on paper, computer memory, disc or
otherwise) relating to any matter within the scope of the business of any Group
Company or their customers and suppliers or concerning its or their dealings or
affairs or (either during his employment or afterwards) use such records (or
allow them to be used) other than for the benefit of the relevant Group
Company.  All such records (and any copies of them) shall belong to the relevant
Group Company and shall be handed over to the Chief People Officer by the
Executive on the termination of his employment or at any time during his
employment at the request of the Company.

 
16.4  
The Executive shall not during his employment either directly or indirectly
publish any opinion, fact or material on any matter within the scope of the
business of any Group Company (whether confidential or not) which might
reasonably be expected to have a material adverse effect on any Group Company
without the prior written approval of the General Counsel or Chief Executive
Officer.

 
16.5  
Nothing in this clause shall prevent the Executive from disclosing information
which he is entitled to disclose under the Public Interest Disclosure Act 1998
provided that the disclosure is made in the appropriate way to an appropriate
person having regard to the provisions of the Act and he has first fully
complied with the Company's procedures relating to such disclosures.

 
17  
DATA PROTECTION

 
17.1  
In accordance with the Data Protection Act 1998, the Group will hold and process
the information it collects relating to the Executive in the course of the
Executive’s employment for the purposes of employee administration, statistical
and record keeping purposes.  This may include information relating to the
Executive’s physical or mental health.  Some of the Executive’s information may
be processed outside the European Economic Area.  Such information will be
treated confidentially and will only be available to authorised persons.

 
17.2  
When dealing with data relating to the Company’s business, the Executive is
required to comply with the Company’s Data Protection Policy as in effect from
time to time, which can be obtained from the Group Compliance Officer. In
connection with any litigation, investigation or government proceeding, the
Executive may be required to appear as a witness, be deposed and/or sign
affidavits.  In addition, the Executive’s e-mail accounts used for any business
purpose may be subject to search, in accordance with applicable law.

 
18  
DEDUCTIONS FROM SALARY

 
The Company reserves the right at any time during the Executive’s employment, or
on termination of this Agreement to deduct from salary any overpayment made
and/or monies owed to the Company by the Executive.  This includes but is not
limited to:
 
·  
any excess holiday;

 
·  
outstanding loans;

 
·  
advances;

 
·  
relocation costs;

 
·  
monies owed to the Company in connection with any Company car, including parking
fines and any related administration costs for which the Executive is
responsible and which are incurred in a vehicle provided by the Company (either
company vehicle or hire car) whilst in the Executive’s control; and

 
·  
the cost of repairing any damage or loss to property provided by the Company.

 
This clause will not apply to any sums or benefits due to the Executive by
virtue of the Executive’s membership of the Company Pension Plan.
 
19  
HEALTH AND SAFETY

 
The Company is committed to ensuring, so far as reasonably practicable, that the
workplace of every employee is safe, does not pose a risk to health and does not
cause damage to the environment.  The Executive is therefore required to
familiarise himself with the responsibilities as outlined in the current
Company’s Health and Safety Policy, Environment Policy, Safety Standards booklet
(NT PO90) and Safety Information Sheets.  The current version is available on
the Group intranet site or can be obtained from the Health and Safety Group.
 
20  
ENTITLEMENT TO WORK IN THE UK

 
The Executive’s employment is conditional upon the Executive being legally
entitled to live and work in the UK.  If the Executive’s status changes and the
Executive is no longer entitled to live or work in the UK, the Executive’s
employment will be terminated without notice or payment in lieu of notice.
 
21  
MONITORING

 
The Executive acknowledges that the Company may monitor messages sent and
received via email, SMS, the Internet and voicemail systems to ensure that the
Executive is complying with the Company’s policy for use by its employees of
these systems.
 
22  
TERMINATION OF EMPLOYMENT

 
22.1  
The Company may at any time and in its absolute discretion (whether or not any
notice of termination has been given by the Company or the Executive under
clause 2 above) terminate the Executive’s employment with immediate effect and
make a payment in lieu of notice.  This payment shall comprise the Executive’s
basic salary (at the rate payable when this option is exercised) together with
the following benefits to the extent that they would have been paid during the
notice period:

 
·  
car allowance

 
·  
company pension contributions

 
·  
premium equivalent to the private medical monies paid by the Company

 
and shall be subject to deductions for income tax and national insurance
contributions as appropriate (the “Payment in Lieu”).  The Executive will not,
under any circumstances, have any right to payment in lieu unless the Company
has exercised its option to pay in lieu of notice.
 
22.2  
The Company may pay any sums due under this clause as one lump sum or in
instalments over the period until the date on which notice, if it had been
served, would have expired. If the Company chooses to pay in instalments the
Executive is obliged to seek alternative income over the relevant period and to
disclose the gross amount of any such income and any relevant ancillary benefits
to the Company.  The instalment payments shall then be reduced by the amount of
such income.

 
22.3  
The employment of the Executive may be terminated by the Company without notice
or payment in lieu of notice (and the Executive will not be entitled to any
payment under clause 22.1) if the Executive:

 
 
22.3.1
is guilty of any serious misconduct (including but not limited to any such act
set out within the Company’s disciplinary policy from time to time or in any
code of conduct) or any other conduct which affects or is likely to affect
prejudicially the interests of any Group Company to which he is required to
render services under this Agreement;

 
 
22.3.2
fails or neglects efficiently and diligently to discharge his duties or commits
any serious or repeated breach or non-observance by the Executive of any of the
provisions contained in this Agreement;

 
 
22.3.3
has an interim receiving order made against him, becomes bankrupt or makes any
composition or enters into any deed of arrangement with his creditors;

 
 
22.3.4
is convicted or charged with any arrestable criminal offence (other than an
offence under road traffic legislation in the United Kingdom or elsewhere for
which a fine or non-custodial penalty is imposed);

 
 
22.3.5
is disqualified from holding office in another company by reason of an order of
a court of competent jurisdiction;

 
 
22.3.6
shall become of unsound mind or become a patient under the Mental Health Act
1983;

 
 
22.3.7
is convicted of an offence under the Criminal Justice Act 1993 in relation to
insider dealings or under any other present or future statutory enactment or
regulations relating to insider dealings;

 
 
22.3.8
is in violation of the rules and regulations of the U.S. Securities and Exchange
Commission or relevant U.S. securities laws, or the rules and regulations of the
NASDAQ Exchange or any other exchange on which any Group Company's securities
may be listed;

 
 
22.3.9
ceases to be a director of the Company otherwise than at the request of the
Company;

 
 
22.3.10
is no longer legally entitled to live and/or work in the UK;

 
 
22.3.11
does anything (in the course of his duties or otherwise) which (in the
reasonable opinion of the Company) does actually or might reasonably be expected
to bring himself or any Group Company into disrepute; and/or

 
 
22.3.12
acts in a way which is in the reasonable opinion of the Company materially
adverse to the interests of the Company.

 
22.4  
Any delay by the Company in exercising such right to terminate shall not
constitute a waiver thereof.

 
22.5  
Notwithstanding anything to the contrary in this Agreement, the Company may
assign the Executive’s employment to Virgin Media Inc. (or its successor) or
another Group Company reasonably comparable or superior to the Company within
the overall corporate structure and such assignment will not constitute
termination of employment hereunder and the Executive agrees to execute any and
all documents necessary or reasonable to accomplish the foregoing.

 
23  
SUSPENSION AND GARDEN LEAVE

 
23.1  
The Company may suspend the Executive on full pay to allow the Company to
investigate any complaint made against the Executive in relation to his
employment with the Company.

 
23.2  
Provided that the Executive continues to enjoy his full contractual benefits and
receive his pay in accordance with this Agreement (provided, however, that
consideration for a bonus under clause 7.4 and 7.5 is at the discretion of the
Compensation Committee), the Company may in its absolute discretion do all or
any of the following during the notice period or any part of the notice period,
after the Executive or the Company has given notice of termination to the other,
without breaching this Agreement or incurring any liability or giving rise to
any claim against it:

 
 
23.2.1
exclude the Executive from the premises of the Group;

 
 
23.2.2
require the Executive to carry out only specified duties (consistent with his
status, role and experience) or to carry out no duties;

 
 
23.2.3
announce to any or all of its employees, suppliers, customers and business
partners that the Executive has been given notice of termination or has resigned
(as the case may be);

 
 
23.2.4
prohibit the Executive from communicating in any way with any or all of the
suppliers, customers, business partners, employees, agents or representatives of
the Group until his employment has terminated except to the extent he is
authorised to do so by his manager in writing;

 
 
23.2.5
require the Executive to resign his directorship of any Group Company; and/or

 
 
23.2.6
require the Executive to comply with any other reasonable conditions imposed by
any Group Company.

 
The Executive will continue to be bound by all obligations (whether express or
implied) owed to the Company under the terms of the Agreement or as an employee
of the Company.
 
23.3  
The Executive will not, without the prior written consent of the General Counsel
or Chief Executive Officer, be employed by or provide services to any other
person, firm or organisation whether paid or unpaid save as previously permitted
during the notice period.

 
24  
TERMINATION AND RETURN OF COMPANY PROPERTY

 
24.1         The Executive agrees that:
 
 
24.1.1
The termination of his employment as Chief Financial Officer of the Company for
any reason and whether or not in accordance with the terms of this Agreement
will automatically constitute his resignation as a director of the Company and
from such offices held by him in any Group Company without claim for
compensation and that he shall at the Company’s request take any action that the
Company deems appropriate to document his resignation from such offices; and

 
 
24.1.1
on the termination of this Agreement he shall immediately deliver to the Company
all credit cards, keys, computer media and other property, in whatever form, of
or relating to the business of any  Group Company which may be in his possession
or under his power or control.

 

24.2  
If the Executive fails to comply with clause 24.1.1 above the Company is hereby
irrevocably authorised to appoint some person in his name and on his behalf to
sign and complete any documents or do any thing necessary to give effect to this
clause.

 
24.3  
The Executive shall not, without the consent of the General Counsel or Chief
Executive Officer at any time after the termination of this Agreement represent
himself still to be connected with any Group Company.

 
25  
RECONSTRUCTION OR AMALGAMATION

 
If the employment of the Executive under this Agreement is terminated by reason
of the liquidation of the Company for the purpose of reconstruction or
amalgamation and the Executive is offered employment with any concern or
undertaking resulting from the reconstruction or amalgamation on terms and
conditions not less favourable than the terms of this Agreement then the
Executive shall have no claim against any Group Company in respect of the
termination of his employment under this Agreement.
 
26  
RESTRICTIONS AFTER EMPLOYMENT

 
26.1  
Definitions

 
In this clause the following words shall have the following meanings:
 
“Area”
 
the area constituting the market of any Relevant Group Company for the Services
and the Products in the period of 12 months  prior to the Termination Date and
with which area the Executive was materially concerned at any time during the
said period of 12 months;
 
“Customer”
 
any Person to whom any Relevant Group Company supplied  the Services  and the
Products for business use during the 12 months preceding the Termination Date
and with whom at any time during such period the Executive was materially
concerned or had personal contact in the course of his employment;
 
“Key Employee”
 
any person who immediately prior to the Termination Date was an employee or
consultant of any Relevant Group Company occupying a senior or managerial
position who was likely to be:
 
 
(i)
in possession of confidential information belonging to any Relevant Group
Company; or

 

 
(ii)
able to influence the customer relationships or trade connections of any
Relevant Group Company,

 
with whom the Executive worked closely at any time during the period of 12
months prior to the Termination Date;
 
“Person”
 
 includes any company, firm, organisation or other entity;
 
“Products”
 
products which are competitive with those supplied by any Relevant Group Company
in the 12 months prior to the Termination Date and with the supply of which the
Executive was materially concerned at any time during the said 12 months;
 
“Prospective Customer”
 
any Person with whom any Relevant Group Company had negotiations or discussions
regarding the possible supply of the Services and or the Products for business
use during the 12 months immediately preceding the Termination Date and with
whom at any time during such period the Executive was materially concerned or
had personal contact in the course of his employment;
 
“Relevant Group Company”
 
any Group Company (and, if applicable, its predecessors in business) for which
the Executive performed services or in which he held office at any time during
the 12 months prior to the Termination Date;
 
“Services”
 
services which are competitive with those supplied by any Relevant Group Company
in the 12 months prior to the Termination Date and with the supply of which the
Executive was materially concerned at any time during the said 12 months period;
 
“Supplier”
 
any Person who was a supplier of services or goods to the Relevant Group Company
in connection with business use for the operation of the business (as opposed to
the administrative support of such operation) in the 12 months prior to the
Termination Date and with which the Executive was materially concerned or had
personal contact at any time during the said 12 months period; and
 
“Termination Date”
 
the date on which the employment terminates.
 
26.2  
The Executive covenants to the Company (for itself and as trustee for each Group
Company) that:

 
 
26.2.1
Non-competition

 
the Executive shall not for a period of 12 months from the Termination Date in
the Area and in competition with any Relevant Group Company directly or
indirectly be engaged, interested or concerned:
 
 
(a)
in any business which provides the Products and the Services; and

 
 
(b)
with the supply of the Products and the Services to any Customer or Prospective
Customer.

 

For this purpose, the Executive is concerned in a business if:
 
 
(i)
he carries it on as principal or agent; or

 
 
(ii)
he is a partner, director, employee, secondee, consultant or agent in, of or to
any Person who carries on the business; or

 
 
(iii)
subject to clause 14 above, he has any direct or indirect financial interest (as
shareholder or otherwise) in any Person who carries on the business.

 
 
26.2.2
Non-solicitation

 
the Executive shall not for a period of 12 months from the Termination Date and
in competition with any Relevant Group Company directly or indirectly:
 
 
(a)
canvass or solicit business from, approach or endeavour to entice away any
Customer or Prospective Customer in respect of the supply of the Products and
the Services;

 
 
(b)
seek to do business or deal with any Customer or Prospective Customer in the
Area in respect of the supply of the Products and the Services;

 
 
(c)
canvass or solicit business from, make an approach to or endeavour to entice
away any Supplier of any Relevant Group Company;

 
 
(d)
accept employment with or act as consultant for any Customer or Prospective
Customer.

 
 
26.2.3
Non-poaching

 
the Executive shall not for a period of 12 months after the Termination Date
solicit the employment or engagement of any Key Employee in a business which is
in competition with any Relevant Group Company (whether or not such person would
breach their contract of employment or engagement by reason of their leaving the
service of the business in which they work).
 
26.3  
The restrictions in this clause are considered by the parties to be reasonable
and the validity of each sub-clause shall not be affected if any of the others
is invalid.  If any of the restrictions are void but would be valid if some part
of the restriction were deleted, the restriction in question shall apply with
such modification as may be necessary to make it valid.

 
26.4  
The Executive acknowledges that the provisions of this clause are no more
extensive than is reasonable to protect the Relevant Group Company.

 
26.5  
If the Executive is suspended from work under the provisions of clause 23.1 or
sent on Garden Leave under clause 23.2, the Company may, at its sole discretion,
agree that the period of time during which the non-competition restriction
contained in clause 26.2.1 is enforceable, starts to run from the date of the
suspension or date when the Executive was sent on Garden Leave, and not from the
Termination Date.

 
26.6  
The Executive acknowledges that each and every restriction contained within this
clause is intended by the parties to apply after the Termination Date whether
termination is lawful or otherwise.  The restrictions, which are acknowledged to
be ancillary in nature, will apply even where the termination results from a
breach of a provision within this Agreement.

 
26.7  
The Executive will (at the request and cost of the Company) enter into a direct
agreement with any Group Company under which he will accept restrictions
corresponding to the restrictions contained in this clause (or such as will be
appropriate in the circumstances) in relation to such Group Company.

 
27  
SEVERABILITY

 
If any of the provisions of this Agreement become invalid or unenforceable for
any reason by virtue of applicable law the remaining provisions shall continue
in full force and effect and the Company and the Executive hereby undertake to
use all reasonable endeavours to replace any legally invalid or unenforceable
provision with a provision which will promise to the parties (as far as
practicable) the same commercial results as were intended or contemplated by the
original provision.
 
28  
THIRD PARTIES

 
28.1  
Any Group Company shall have the right to enforce the provisions of this
Agreement pursuant to the Contracts (Rights of Third Parties) Act 1999.

 
28.2  
Save as provided in clause 28.1 above, a person who is not a party to this
Agreement shall have no right under the Contracts (Rights of Third Parties) Act
1999 to enforce any provision of this Agreement.

 
29  
NOTICES

 
29.1  
Any notice required or permitted to be given under this Agreement shall be given
in writing delivered personally or sent by first class post pre-paid recorded
delivery (air mail if overseas) or overnight courier or by facsimile to the
party due to receive such notice, in the case of the Company, to: Virgin Media
Limited, Media House, Bartley Wood Business Park, Hook, Hampshire, RG27 9UP and
marked for the attention of the Chief People Officer with a copy to the General
Counsel at the same address and, in the case of the Executive, such address as
he may have notified to the Company in accordance with this clause or such
address as may be included in the Group’s payroll system.

 
29.2  
Any notice delivered personally or by overnight courier shall be deemed to be
received when delivered to the address provided in this Agreement and any notice
sent by pre-paid recorded delivery post shall be deemed (in the absence of
evidence of earlier receipt) to be received 2 days after posting and in proving
the time of despatch it shall be sufficient to show that the envelope containing
such notice was properly addressed, stamped and posted.  A notice sent by
facsimile shall be deemed to have been received on receipt by the sender of
confirmation in the transmission report that the facsimile had been sent.

 
30  
STATUTORY INFORMATION

 
Schedule 2 to this Agreement sets out information required to be given to the
Executive by the Employment Rights Act 1996.
 
31  
MISCELLANEOUS

 
31.1  
This Agreement is governed by and shall be construed in accordance with the laws
of England and Wales.

 
31.2  
The parties to this Agreement submit to the exclusive jurisdiction of the
English courts.

 
31.3  
This Agreement contains the entire understanding between the parties and
supersedes all previous agreements and arrangements (if any) relating to the
employment of the Executive by the Company (which shall be deemed to have been
terminated by mutual consent).

 
31.4  
This Agreement may be executed by counterparts, which together shall constitute
one agreement.  Either party may enter into this Agreement, by executing a
counterpart and this Agreement shall not take effect until it has been executed
by both parties.  Delivery of an executed counterpart of a signature page by
facsimile shall take effect as delivery of an executed counterpart of this
Agreement provided that the relevant party shall give the other the original of
such page as soon as reasonably practicable thereafter.

 
32  
CHANGES TO TERMS AND CONDITIONS

 
The Company reserves the right to amend the Executive’s terms set out within
this Agreement and policies from time to time.  The Executive will be given not
less than four weeks notice of any such change.  The Executive will be deemed to
have accepted these changes should the Company have received no objection before
the end of the four week period
 

 

 
 

--------------------------------------------------------------------------------

 
 
 

SCHEDULE 1
 

 
Restricted Stock and Options to purchase common stock of Virgin Media Inc.
 
Options
 
§  
The Executive will be granted 390,000 options (“Options”) at an exercise price
equal to the mid-market value of Virgin Media Inc.’s common stock on the date of
grant (“Grant Date”) (where the “Grant Date” is your first date of part-time
employment with the Company).

 
§  
The Options will vest 20% in equal instalments over five years beginning on the
date the Executive commences full-time employment for the Group, subject to the
achievement of annual objectives determined by the CEO and the Compensation
Committee.

 
Restricted Stock
 
§  
The Executive will be granted 75,000 shares of Restricted Stock (“First Grant
Restricted Stock”) on the Grant Date (where the “Grant Date” is your first date
of part-time employment with the Company).

 
§  
The First Grant of Restricted Stock shall be subject to a cliff vesting in 2012
on the anniversary of the date the Executive commences full-time employment for
the Group, subject to the achievement of the performance conditions of the 2009
LTIP.

 
§  
The Executive will be granted 55,000 shares of Restricted Stock (“Second Grant
Restricted Stock”) on the Grant Date (where the “Grant Date” is your first date
of part-time employment with the Company).

 
§  
The Second Grant Restricted Stock shall vest one year from the date of
commencement of part-time employment.

 
§  
The Executive will be granted 150,000 shares of Restricted Stock (“Third Grant
Restricted Stock”) on the Grant Date (where the “Grant Date” is your first date
of part-time employment with the Company).

 
§  
The Third Grant Restricted Stock shall vest in equal instalments over three
years from the date of commencement of part-time employment.

 
The Restricted Stock and Options will be governed by the Virgin Media Inc.’s
2006 Stock Incentive Plan, the individual restricted stock agreement or stock
option agreement (as appropriate), and the Virgin Media Inc.’s insider trading
policy as amended from time to time. The terms on which any Restricted Stock
and/or Options may be subject to accelerated vesting will be contained in
agreements issued to the Executive in connection with the grant of such
Restricted Stock and/or Options as the case may be.
 
 
 

--------------------------------------------------------------------------------

 

SCHEDULE 2
 

 
Statement of Particulars Pursuant to the Employment Rights Act 1996
 

 
1  
The Executive’s period of continuous employment commenced on ­­­­­­­[insert
date]. No period of employment with a previous employer counts as part of the
Executive’s continuous employment with the Company

 

 
2  
The Executive will be contracted into the Second State Pension unless the
Executive opts to contract out.

 

 
3  
The Company’s policies and procedures on disciplinary and grievance matters are
available on the Company’s intranet and/or from  the People Team (insofar as
they are not varied by this Agreement).  The policies constitute Company
guidelines and do not form any part of the Service Agreement.  Any grievance
which the Executive wishes to exercise should be raised in writing with the
Chief Executive Officer unless the grievance involves the Chief Executive
Officer in which case the grievance should be raised in writing in the first
instance with the Chief People Officer.  Any disciplinary action taken by the
Company will be dealt with by the Chief Executive Officer or such other person
as may be directed by the Chief People Officer.  The Company reserves the right
to substitute persons at a senior level within the Company to conduct any aspect
of the disciplinary or grievance procedure should it be appropriate.  If the
Executive is dissatisfied with any disciplinary decision or any decision to
dismiss him, he can within five (5) working days of that decision appeal to the
Company (unless the Executive is notified in any separate communication of the
person to whom he may appeal) whose decision shall be final and binding.

 

 
4  
The Executive may be required to work overseas for periods when reasonably
required.  In such circumstances, the terms of the International Assignment
Policy will apply which is available from the Company upon request.

 

 
5  
The Company is not a party to any collective agreement which affects the
Executive’s employment.

 
 

 
 
 

--------------------------------------------------------------------------------

 
 

SCHEDULE 3
 
Certificate of Compliance
 

 

 

 
I have read and understand the Code of Conduct and have complied and will
continue to comply with it (together with any other Codes or policies that may
apply to my role from time to time).  I have not acted in any way contrary to
the best interests of the Company.  Any exceptions to the Code of Conduct (and
any other policies) and disclosures required by the Code and such policies are
set forth below:

I will promptly report the details of any future non-compliance with the
above-mentioned Code (and any associated policies) to my immediate manager so
that its extent and significance can be considered.

Dated:   _____________________

Signed:  _____________________

Mr. Eamonn O’Hare

 

 

 
 

--------------------------------------------------------------------------------

 
 

 

IN WITNESS whereof this document has been executed and delivered on the date
first before written.

SIGNED and DELIVERED as a DEED by
VIRGIN MEDIA LIMITED acting by
 
 
in the presence of :-
}
}
}
}
}
}
 
 
 
 /s/ Elisa Nardi
 
    Director / Authorised Attorney

 
 
 
 
 
Signed
 
 
 
 
/s/ Angie Hill
   
 
 
 
Name
 
 
 
Angie Hill
   
 
 
Address
 
 
[INTENTIONALLY OMITTED]
     
 
 
 
     
 
 
 
           
 
 
Occupation
 
 
Personal Assistant
   

 

 

 
 

--------------------------------------------------------------------------------

 
 

 
 

 
Signed as a Deed by Mr. Eamonn O’Hare
in the presence of:
 
 
/s/  Eamonn O'Hare   
Mr. Eamonn O’Hare
 
The Executive
 
 
Witness signature:
 
 
 
                                                                              
/s/ Fiona Hillman
 
Name:
 
 
                                                                                    
Fiona Hillman
 
Address:
 
 
[INTENTIONALLY OMITTED]
 
 
 
 
 
Occupation:
 
 
                                                                              
Personal Assistant