<PAGE>   1

                                                                  EXHIBIT 10.19


                               ANTEC CORPORATION
                           MANAGEMENT INCENTIVE PLAN

         1. PURPOSE AND EFFECTIVE DATE. ANTEC Corporation (the "Company") has
established this Management Incentive Plan (the "Plan") to provide awards to
the executives of the Company for the achievement of goals of the Company for a
year or a specified number of years. The effective date of the Plan shall be
January 1, 2000 subject to the approval of the Company's shareholders at the
2000 Annual Meeting.

         2. ADMINISTRATION. The Plan shall be administered by the Board of
Directors, or the Compensation Committee of the Company's Board of Directors or
such other Board committee as the Board may designate (the "Committee"). The
Committee has the authority and responsibility for the interpretation,
administration and application of the provisions of the Plan, and the
Committee's interpretations of the Plan, and all actions taken by it and
determinations made by it shall be binding on all persons. No Board or
Committee member shall be liable for any determination, decision or action made
in good faith with respect to the Plan.

         3. AWARDS UNDER THE PLAN. The Committee shall assign a target
expressed as a percentage of salary each year. The targets may be as high as
200% and as low as 20% of salary.

         At least 51% of the target shall be dependent on the achievement of
financial objectives such as (i) operating, pretax, or net earnings of the
Company, a subsidiary, a business unit thereof, or an other entity where there
is a significant investment by the Company and opportunity to influence the
performance of that entity; (ii) earnings per share of the Company; (iii) cash
flow of any of these entities; (iv) return on capital, tangible or total,
employed by any of these entities as measured by any of these earnings; (v)
achievement of specified revenues or proceeds from specified activities, in or
out of the ordinary course of business; or (vi) other similar financial
objectives that the Committee determines to be in the interest of the Company.
Up to 49% of the target of a participant may be dependent on the subjective
determination of the Committee (or in the case of participants other than the
Chief Executive Officer and the Chairman, of an executive officer) of the
achievement of qualitative goals. In the case of John Egan, his target shall be
dependent on goals that are in accordance with his employment agreement.

         The actual awards may range from zero to 200% of the assigned targets
depending on the achievement of the objectives established by the Committee (or
in the case of qualitative goals of participants, other than the Chief
Executive Officer or the Chairman, by an executive officer) during the first 90
days of the year.

         4. ELIGIBILITY. All executive officers of the Company and the other
executives of the Company and its subsidiaries, who report directly to the
Chief Executive Officer of the Company are eligible to be selected to receive
an award under the Plan by the Committee. The Committee may condition
eligibility under the Plan or participation under the Plan, and any award under
the Plan on such conditions, limitations or restrictions as the Committee
determines to be appropriate for any reason and consistent with the terms of
the Plan. No person may be awarded, for any one year, more than $2,000,000, as
this amount is adjusted for inflation in the Consumer Price Index after
December 31, 2000.

         5. PAYMENT OF AWARDS. Amounts earned under the Plan shall be
determined and be paid as soon as practical after the end of each year or if
based on multiple years, the end of the last year of that period. The
Committee, in establishing the targets and goals for a year, may determine that
all or a portion of an award payable under the Plan to certain participants
shall or may be paid in stock or phantom stock of the Company that may or may
not be restricted. The computation of the amount of stock may be based on the
average market price of the stock over a period, up to one year, selected by
the Committee, or based on a percentage, not to be less than 75%, of the market
price of the stock at the end of the year for which the award was earned or
during a period during the last month of that year selected by the Committee.
<PAGE>   2

         6. AMENDMENT OF THE PLAN. The Committee may amend or terminate the
Plan at any time, provided however, that in no event can the Committee, after
the period for establishing the objectives for a year, adjust for that year any
targets, objectives, or the percentage of target earned by levels of
achievement of each objective in a manner that would increase the amount of
compensation that would be payable under the Plan without such adjustment.