Document:

exv10w50

EXHIBIT
10.50

Time Warner Cable Inc.

Non-Qualified Stock Option Agreement

General Terms and Conditions

     WHEREAS, Time Warner Cable Inc. (the “Company”) has adopted the Plan (as defined below), the
terms of which are hereby incorporated by reference and made a part of this Non-Qualified Stock
Option Agreement (the “Agreement”); and

     WHEREAS, the Committee has determined that it would be in the best interests of the Company
and its stockholders to grant the Option provided for herein to the Participant (as defined below)
pursuant to the Plan and the terms set forth herein.

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties
agree as follows:

     1. Definitions. Whenever the following terms are used in this Agreement, they shall
have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the
same meanings as in the Plan.

          (a) “Cause” means “Cause” as defined in an employment, consulting, advisory or similar
agreement between the Company or any of its Affiliates and the Participant or, if not defined
therein or if there is no such agreement, “Cause” means the Participant’s (i) conviction (treating
a nolo contendere plea as a conviction) of a felony, whether or not any right to appeal has been or
may be exercised, other than as a result of a moving violation or a Limited Vicarious Liability (as
defined below), (ii) willful failure or refusal without proper cause to perform such Participant’s
material duties with the Company (other than any such failure resulting from the Participant’s
total or partial incapacity due to physical or mental impairment), (iii) willful misappropriation,
embezzlement, fraud or any reckless or willful destruction of Company property having a significant
adverse financial effect on the Company or a significant adverse effect on the Company’s
reputation, (iv) willful and material breach of any statutory or common law duty of loyalty to the
Company having a significant adverse financial effect on the Company or a significant adverse
effect on the Company’s reputation, (v) material and willful breach of any restrictive covenants to
which Participant is subject, including non-competition, non-solicitation, non-disparagement or
confidentiality provisions, or (vi) willful violation of any material Company policy, including the
Company’s Standards of Business Conduct having a significant adverse financial effect on the
Company or a significant adverse effect on the Company’s reputation. The determination by the
Company as to the existence of “Cause” will be conclusive on the Participant.

          (b) “Disability” means “Disability” as defined in an employment, consulting, advisory
or similar agreement between the Company or any of its Affiliates and the Participant or, if not
defined therein or if there shall be no such agreement, “disability” of the Participant shall have
the meaning ascribed to such term in the Company’s long-term disability plan or policy, as in
effect from time to time, to the extent that either such definition also

 

 

constitutes such Participant being considered “disabled” under Section 409A(a)(2)(C) of the
Internal Revenue Code (“Code”).

          (c) “Expiration Date” means the expiration date set forth on the Notice (as defined
below).

          (d) “Good Reason” means, following a Change in Control, the failure of the Company to
pay or cause to be paid the Participant’s base salary or annual bonus when due; provided
that, these events will constitute Good Reason only if the Company fails to cure such event
within thirty (30) days after receipt from the Participant of written notice of the event which
constitutes Good Reason; provided further that, “Good Reason” will cease to
exist for an event on the sixtieth (60th) day following the later of its occurrence or
the Participant’s knowledge thereof, unless the Participant has given the Company written notice of
his or her termination of employment for Good Reason prior to such date.

          (e) “Limited Vicarious Liability” means any liability which is based on acts of the
Company for which the Participant is responsible solely as a result of Participant’s office(s) with
the Company; provided that (i) the Participant is not directly involved in such acts and either had
no prior knowledge of such actions or, upon obtaining such knowledge, promptly acted reasonably and
in good faith to attempt to prevent the acts causing such liability or (ii) after consulting with
the Company’s counsel, the Participant reasonably believed that no law was being violated by such
acts.

          (f) “Notice” means the Notice of Grant of Stock Options, which has been provided to
the Participant separately and which accompanies and forms a part of this Agreement.

          (g) “Participant” means an individual to whom Options as set forth in the Notice have
been awarded pursuant to the Plan and shall have the same meaning as may be assigned to the terms
“Holder” or “Participant” in the Plan.

          (h) “Performance” means the Participant’s failure to meet performance expectations, as
determined in the Company’s sole discretion, and consistent with any performance determination
under the TWC Severance Pay Plan, if applicable.

          (i) “Plan” means the Time Warner Cable Inc. 2006 Stock Incentive Plan, as such plan
may be amended, supplemented or modified from time to time.

          (j) “Retirement” means a voluntary termination of Employment by the Participant
following the attainment of (i) age 60 with ten (10) or more years of Service or (ii) age 65 with
five (5) or more years of Service; provided that, the terms of any employment,
consulting, advisory or similar agreement entered into by the Participant and the Company or an
Affiliate that provides a definition of “Retirement” relating specifically to the vesting of
outstanding equity awards granted under the Plan shall supersede this definition.

          (k) “Service” means the period of time a Participant is engaged as an employee or
director (i) with the Company, (ii) with any Affiliate, or (iii) in respect to any period of time
prior to March 12, 2009 with Time Warner Inc. or any affiliate thereof (“TWX”);

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provided that, if the Participant became an employee or director of the Company or any
Affiliate on or after March 12, 2009, any period of time Participant was engaged by TWX shall not
be counted for this definition.

          (l) “Vested Portion” means, at any time, the portion of an Option which has become
vested, as described in Section 3 of this Agreement.

     2. Grant of Option. The Company hereby grants to the Participant the right and option
(the “Option”) to purchase, on the terms and conditions hereinafter set forth, the number
of Shares set forth on the Notice, subject to adjustment as set forth in the Plan. The purchase
price of the Shares subject to the Option (the “Option Price“) shall be as set forth on the
Notice. The Option is intended to be a non-qualified stock option, and as such is not intended to
be treated as an option that complies with Section 422 of the Code.

     3. Vesting of the Option.

          (a) In General. Subject to (i) the terms of any employment, consulting, advisory or
similar agreement entered into by the Participant and the Company or an Affiliate that provides for
treatment of Options that is more favorable to the Participant and (ii) Sections 3(b) and 3(c), the
Option shall vest and become exercisable at such times as are set forth in the Notice.

          (b) Termination of Employment. Subject to Section 3(a)(i), if the Participant’s
Employment with the Company and its Affiliate terminates for any reason (including, unless
otherwise determined by the Committee, a Participant’s change in status from an employee to a
non-employee (other than director of the Company or any Affiliate)), except as provided for in
Section 3(c) below, the Option, to the extent not then vested, shall be immediately canceled by the
Company without consideration; provided, however, that if the Participant’s
Employment terminates due to death, Disability or Retirement, the unvested portion of the Option,
to the extent not previously canceled or forfeited, shall immediately become vested and
exercisable. The Vested Portion of the Option shall remain exercisable for the period set forth in
Section 4(a) of this Agreement.

          (c) Termination of Employment Upon Change in Control. Subject to Section 3(a)(i), if
the Participant’s Employment with the Company or its Affiliate is terminated by the Company or its
Affiliates without Cause, or by the Participant for Good Reason, or by the Company or its
Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), within 12 months after a Change in
Control, the unvested portion of the Option, to the extent not previously canceled or forfeited,
shall immediately become vested and exercisable upon the termination of the Participant’s
Employment. The Vested Portion of the Option shall remain exercisable for the period set forth in
Section 4(a) of this Agreement.

          (d) Leave of Absence. For purposes of this Section 3 and this Agreement only, a
temporary leave of absence shall not constitute a termination of Employment or a failure to be
continuously employed by the Company or any Affiliate regardless of the Participant’s payroll
status during such leave of absence if such leave of absence is approved in writing by the Company
or any Affiliate subject to the other terms and conditions of the

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Agreement and the Plan. Notice of any such approved leave of absence should be sent to the
Company, but such notice shall not be required for the leave of absence to be considered approved.

     4. Exercise of Option.

          (a) Period of Exercise. The Participant may exercise all or any part of the Vested
Portion of the Option at any time prior to the Expiration Date. Notwithstanding the foregoing, and
subject to the provisions of the Plan and this Agreement, and the terms of any employment,
consulting, advisory or similar agreement entered into by the Participant and the Company or an
Affiliate that provides for treatment of Options that is more favorable to the Participant than
clauses (i) — (vii) of this Section 4(a), if the Participant’s Employment terminates prior to the
Expiration Date, the Vested Portion of the Option shall remain exercisable for the period set forth
below. If the last day on which the Option may be exercised, whether the Expiration Date or due to
a termination of the Optionee’s Employment prior to the Expiration Date, is a Saturday, Sunday or
other day that is not a trading day on the New York Stock Exchange (the “NYSE”) or, if the
Company’s Shares are not then listed on the NYSE, such other stock exchange or trading system that
is the primary exchange on which the Company’s Shares are then traded, then the last day on which
the Option may be exercised shall be the preceding trading day on the NYSE or such other stock
exchange or trading system.

               i. Death or Disability. If the Participant’s Employment with the Company or its
Affiliates terminates due to the Participant’s death or Disability, the Participant (or his or her
representative) may exercise the Vested Portion of the Option for a period ending on the earlier of
(A) twelve (12) months following the date of such Employment termination and (B) the Expiration
Date;

               ii. Retirement. If the Participant’s Employment with the Company or its Affiliates
terminates due to the Participant’s Retirement, the Participant may exercise the Vested Portion of
the Option for a period ending on the earlier of (A) sixty (60) months following the date of such
termination and (B) the Expiration Date; provided, that, if the Company or its
Affiliates has given the Participant notice that the Participant’s Employment is being terminated
for Cause prior to the Participant’s election to terminate due to the Participant’s Retirement,
then the provisions of Section 4(a)(v) shall control, provided further
that, if the Company or its Affiliates has given the Participant notice that the
Participant’s Employment is being terminated for Performance prior to the Participant’s election to
terminate due to the Participant’s Retirement, then the provisions of Section 4(a)(iii) shall
control;

               iii. Involuntary Termination for Performance; Voluntary Termination. Subject to the
provision of Section 4(a)(vi), if the Participant’s Employment with the Company or its Affiliates
is terminated by the Company or its Affiliates without Cause for Performance, or the Participant
voluntarily terminates Employment at any time, the Participant may exercise the Vested Portion of
the Option for a period ending on the earlier of (A) three months following the date of such
Employment termination and (B) the Expiration Date; provided that, if the Company
or its Affiliates has given the Participant notice that the Participant’s Employment is being
terminated for Cause prior to the Participant’s election to voluntarily terminate Employment, then
the provisions of Section 4(a)(v) shall control;

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               iv. Involuntary Termination other than for Cause or for Performance. Subject to the
provision of Section 4(a)(vi), if the Participant’s Employment with the Company or its Affiliates
is terminated by the Company for any reason other than by the Company or its Affiliates for Cause,
Performance, or due to the Participant’s death or Disability, the Participant may exercise the
Vested Portion of the Option for a period ending on the earlier of (A) twelve (12) months following
the date of such Employment termination and (B) the Expiration Date, provided that,
if such Employment termination occurs at a time when the Participant is eligible for Retirement,
then the provisions of Section 4(a)(ii) shall control;

               v. Involuntary Termination by the Company for Cause. If the Participant’s Employment
with the Company or its Affiliates is terminated by the Company or its Affiliates for Cause
pursuant to Sections 1(a)(ii) or 1(a)(vi), the Participant may exercise the Vested Portion of the
Option for a period ending on the earlier of (A) one month following the date of such termination
and (B) the Expiration Date. If the Participant is terminated by the Company or its Affiliates for
Cause pursuant Sections 1(a)(i), 1(a)(iii), 1(a)(iv) or 1(a)(v), the Vested Portion of the Option
shall immediately terminate in full and cease to be exercisable;

               vi. After a Change in Control. If the Participant’s Employment with the Company or its
Affiliate is terminated by the Company or its Affiliates without Cause (whether or not due to
Participant’s Performance) or by the Participant for Good Reason, or by the Company or its
Affiliates for Cause pursuant to Sections 1(a)(ii) or 1(a)(vi), within 12 months after a Change in
Control, the Participant may exercise the Option for a period ending on the earlier of (A) 12
months following the date of such termination and (B) the Expiration Date, provided
that, if such Employment termination occurs at a time when the Participant is eligible for
Retirement, then the provisions of Section 4(a)(ii) shall control; and

               vii. Disposition of Affiliate. If the Affiliate with which the Participant has a
service relationship ceases to be an Affiliate due to a transfer, sale or other disposition
(“Disposition”) by the Company or an Affiliate, the Option, to the extent not then vested, shall be
immediately canceled by the Company without consideration and the Participant may exercise the
Vested Portion of the Option for a period ending on the earlier of (A) twelve (12) months following
the date of such Disposition and (B) the Expiration Date, provided that, if the
Disposition occurs at a time when the Participant is eligible for Retirement, then the provisions
of Section 4(a)(ii) shall control.

          (b) Method of Exercise.

               i. Subject to Section 4(a) of this Agreement, the Vested Portion of an Option may be exercised
by delivering to the Company at its principal office written notice of intent to so exercise;
provided that the Option may be exercised with respect to whole Shares only. Such notice
shall specify the number of Shares for which the Option is being exercised, shall be signed
(whether or not in electronic form) by the person exercising the Option and shall make provision
for the payment of the Option Price. Payment of the aggregate Option Price shall be paid to the
Company, at the election of the Committee, pursuant to one or more of the following methods: (A) in
cash, or its equivalent; (B) by transferring Shares having a Fair Market Value equal to the
aggregate Option Price for the Shares being purchased to the Company and satisfying such other
requirements as may be imposed by the Committee; provided

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that, such Shares have been held by the Participant for any period as established from
time to time by the Committee to comply with applicable law and to ensure favorable treatment under
generally accepted accounting principles; (C) partly in cash and partly in Shares; provided
that such Shares have been held by the Participant for any period as established from time
to time by the Committee to comply with applicable law and to ensure favorable treatment under
generally accepted accounting principles; (D) if there is a public market for the Shares at such
time, subject to such rules as may be established by the Committee, through delivery of irrevocable
instructions to a broker to sell the Shares otherwise deliverable upon the exercise of the Option
and to deliver promptly to the Company an amount equal to the aggregate Option Price, or (E) upon
the Participant’s request, subject to approval by the Company in its sole discretion and in
compliance with any applicable law, by means of a net exercise in which the Participant surrenders
Option Shares to the Company with a Fair Market Value equal to the Option Price. No Participant
shall have any rights to dividends or other rights of a stockholder with respect to the Shares
subject to the Option until the issuance of the Shares.

               ii. Notwithstanding any other provision of the Plan or this Agreement to the contrary, absent
an available exemption to registration or qualification, the Option may not be exercised prior to
the completion of any registration or qualification of the Option or the Shares under applicable
state and federal securities or other laws, or under any ruling or regulation of any governmental
body or national securities exchange that the Committee shall in its sole reasonable discretion
determine to be necessary or advisable.

               iii. Upon the Company’s determination that the Option has been validly exercised as to any of
the Shares, the Company shall issue certificates, or such other evidence of ownership as requested
by the Participant, in the Participant’s name for such Shares. However, the Company shall not be
liable to the Participant for damages relating to any delays in issuing the certificates to the
Participant, any loss by the Participant of the certificates, or any mistakes or errors in the
issuance of the certificates or in the certificates themselves.

               iv. In the event of the Participant’s death, the Vested Portion of an Option shall remain
vested and exercisable by the Participant’s executor or administrator, or the person or persons to
whom the Participant’s rights under this Agreement shall pass by will or by the laws of descent and
distribution as the case may be, to the extent set forth in Section 4(a) of this Agreement. Any
heir or legatee of the Participant shall take rights herein granted subject to the terms and
conditions hereof.

     5. Right of Company to Terminate Employment. Nothing contained in the Plan or this
Agreement shall confer on any Participant any right to continue in the employ of the Company or any
of its Affiliates, and the Company and any such Affiliate shall have the right to terminate the
Employment of the Participant at any such time, with or without notice, for any lawful reason or no
reason, notwithstanding the fact that some or all of the Options covered by this Agreement may be
forfeited as a result of such termination of employment. The granting of the Option under this
Agreement shall not confer on the Participant any right to any future Awards under the Plan.

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     6. Option Repayment Obligation.

          (a) In the event of the termination of the Participant’s Employment for Cause as a result of a
Cause event specified in Sections 1(a)(i), 1(a)(iii), 1(a)(iv), or 1(a)(v) above (each a “Covered
Cause Event”), any Options exercised by the Participant within the three year period prior to the
occurrence of the Covered Cause Event (the “Forfeiture Period”), shall be subject to repayment to
the Company in an amount equal to the total amount of Award Gain (as defined below) realized by the
Participant upon each exercise of Options during the Forfeiture Period.

          (b) In the event the Participant’s Employment is terminated for any reason other than Cause,
and it is determined by the Company within twelve (12) months of such termination of Employment
that the Participant engaged in acts or omissions during the Participant’s three prior years of
Employment that would have resulted in Participant’s termination by the Company for a Covered Cause
Event, any Options exercised by the Participant in the three year period prior to the Participant’s
Employment termination and the post-termination exercise period, shall be subject to repayment to
the Company in an amount equal to the total amount of Award Gain realized by the Participant upon
each exercise of such Options and any unexercised Options held by the Participant shall be
immediately forfeited.

          (c) “Award Gain” shall mean the product of (i) the Fair Market Value per share of stock at the
date of such Option exercise (without regard to any subsequent change in the market price of such
share of stock) minus the exercise price times (ii) the number of shares as to which the Options
were exercised at that date.

          (d) Repayments pursuant to Sections 6(a) or 6(b) shall be made by certified check within sixty
(60) days after written demand is made therefor by the Company. Notwithstanding the foregoing, the
Participant may satisfy the repayment obligations with respect to amounts owed pursuant to Section
6 by returning to the Company the Shares acquired upon exercise of such Options, provided that the
Participant demonstrates to the Company’s satisfaction that such Shares were continuously owned by
the Participant since the date of exercise.

          (e) Notwithstanding any of the foregoing, the Company’s Board of Directors (the “Board”) or
committee to whom the Board has delegated such matters shall retain sole discretion regarding
whether to seek the remedies set forth in Sections 6(a) and 6(b). The repayment obligations of
Section 6 shall not apply unless the Company gives the Participant written notice of the Company’s
exercise of its rights under Section 6 within ninety (90) days of a senior officer of the Company
becoming aware of the conduct giving rise to the Covered Cause Event; and if the Company fails to
do so such conduct shall no longer provide a basis for any repayment obligation pursuant to this
Section 6.

          (f) If the terms of any employment, consulting, advisory or similar agreement entered into by
the Participant and the Company or any Affiliate provides for compensation forfeiture provisions
triggered by a “Covered Cause Event” (as defined in the employment or similar agreement), then such
provisions shall supersede the provisions of this Section 6 during the term of the employment or
similar agreement.

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     7. IRC §§ 280G and 4999. Notwithstanding anything to the contrary contained in this
Agreement, to the extent that the vesting of any Option granted to the Participant pursuant to this
Agreement (a) constitutes a “parachute payment” within the meaning of Section 280G of the Code and
(b) but for this Section 7, would be subject to the excise tax imposed by Section 4999 of the Code,
then such Options shall vest either (i) in full or (ii) in such lesser amount which would result in
no portion of such Option being subject to excise tax under Section 4999 of the Code; whichever of
the foregoing amounts, taking into account the applicable federal, state and local income or excise
taxes (including the excise tax imposed by Section 4999), results in the Participant’s receipt on
an after-tax basis, of the greatest amount of total compensation, notwithstanding that all or some
portion of the Options may be taxable under Section 4999 of the Code.

          (a) Calculation. Any calculation required under this Section shall be made in writing
by an independent public accountant, or other appropriate internal or external resource, selected
by the Company, whose determination shall be conclusive and binding upon the Participant and the
Company for all purposes. The Company shall bear the costs of performing the calculations
contemplated by this Section, as well as any reasonable legal or accountant expenses, or any
additional taxes, that the Participant may incur as a result of any calculation errors made in
connection with the Code Section 4999 excise tax determination contemplated by this Section.

          (b) Order of 280G Option Vesting Reduction. Unless provided otherwise in the
Participant’s employment agreement with the Company, the reduction of Option vesting, if
applicable, shall be effected in the following order, but only to the extent that each item listed
provides for a reduction to minimize Section 280G consequences: (i) any cash parachute payments,
(ii) any health and welfare or similar benefits valued as parachute payments, (iii) acceleration of
vesting of any stock options for which the exercise price exceeds the then fair market value of the
underlying stock, in order of the option tranches with the largest Section 280G parachute payment
value, (iv) acceleration of vesting of any equity award that is not a stock option, and (v)
acceleration of vesting of any stock options for which the exercise price is less than the fair
market value of the underlying stock in such manner as would net the Participant the largest
remaining spread value if the options were all exercised as of the Code Section 280G event.

     8. Legend on Certificates. The certificates representing the Shares purchased by
exercise of an Option shall be subject to such stop transfer orders and other restrictions as the
Committee may deem reasonably advisable under the Plan or the rules, regulations, and other
requirements of the Securities and Exchange Commission, any stock exchange upon which such Shares
are listed, any applicable federal or state laws and the Company’s Articles of Incorporation and
Bylaws, and the Committee may cause a legend or legends to be put on any such certificates to make
appropriate reference to such restrictions.

     9. Transferability. Unless otherwise determined by the Committee, an Option may not be
assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the
Participant otherwise than by will or by the laws of descent and distribution, and any such
purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void
and unenforceable against the Company or any Affiliate.

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     10. Withholding. The Participant may be required to pay to the Company and, unless
the Participant elects to pay the Company separately in cash, the Company shall have the right and
is hereby authorized to withhold from any payment due or transfer made under the Option or under
the Plan or from any compensation or other amount owing to a Participant the amount (in cash,
Shares, other securities, other Awards or other property) of any applicable withholding taxes in
respect of the Option, its exercise, or any payment or transfer under the Option or under the Plan
and to take such action as may be necessary in the option of the Company to satisfy all obligations
for the payment of such taxes. Notwithstanding the foregoing, in the case of net exercise pursuant
to Section 4(b)(i), any tax withholding made from the Option Shares shall not be in excess of the
minimum amount of tax required to be withheld by law; except as may occur through administrative
rounding to the nearest whole share.

     11. Securities Laws. Upon the acquisition of any Shares pursuant to the exercise of an
Option, the Participant will make or enter into such written representations, warranties and
agreements as the Committee may reasonably request in order to comply with applicable securities
laws or with this Agreement.

     12. Notices. Any notice which either party hereto may be required or permitted to
give the other shall be in writing and may be delivered personally or by mail, postage prepaid,
addressed to Time Warner Cable Inc., at 7910 Crescent Executive Drive, Charlotte, NC 28217,
attention Manager, Executive Compensation, and to the Participant at his or her address, as it is
shown on the records of the Company or its Affiliate, or in either case to such other address as
the Company or the Participant, as the case may be, by notice to the other may designate in writing
from time to time. Any such notice shall be deemed effective upon receipt thereof by the
addressee.

     13. Personal Data. The Company and its Affiliates may hold, collect, use, process and
transfer, in electronic or other form, certain personal information about the Participant for the
exclusive purpose of implementing, administering and managing the Participant’s participation in
the Plan. Participant understands that the following personal information is required for the above
named purposes: his/her name, home address and telephone number, office address (including
department and employing entity) and telephone number, e-mail address, citizenship, country of
residence at the time of grant, work location country, system employee ID, employee local ID,
employment status (including international status code), supervisor (if applicable), job code,
title, salary, bonus target and bonuses paid (if applicable), termination date and reason, tax
payer’s identification number, tax equalization code, US Green Card holder status, contract type
(single/dual/multi), any shares of stock or directorships held in the Company, details of all stock
option grants (including number of grants, grant dates, exercise price, vesting type, vesting
dates, expiration dates, and any other information regarding options that have been granted,
canceled, vested, unvested, exercisable, exercised or outstanding) with respect to the Participant,
estimated tax withholding rate, brokerage account number (if applicable), and brokerage fees (the
“Data”). Participant understands that Data may be collected from the Participant directly
or, on Company’s request, from any Affiliate. Participant understands that Data may be transferred
to third parties assisting the Company in the implementation, administration and management of the
Plan, including the brokers approved by the Company, the broker selected by the Participant from
among such Company-approved brokers (if applicable), tax consultants and the Company’s software
providers (the “Data 

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Recipients”). Participant understands that some of these Data Recipients may be
located outside the Participant’s country of residence, and that the Data Recipient’s country may
have different data privacy laws and protections than the Participant’s country of residence.
Participant understands that the Data Recipients will receive, possess, use, retain and transfer
the Data, in electronic or other form, for the purposes of implementing, administering and managing
the Participant’s participation in the Plan, including any requisite transfer of such Data as may
be required for the administration of the Plan and/or the subsequent holding of shares of common
stock on the Participant’s behalf by a broker or other third party with whom the Participant may
elect to deposit any shares of common stock acquired pursuant to the Plan. Participant understands
that Data will be held only as long as necessary to implement, administer and manage the
Participant’s participation in the Plan. Participant understands that Data may also be made
available to public authorities as required by law, e.g., to the U.S. government. Participant
understands that the Participant may, at any time, review Data and may provide updated Data or
corrections to the Data by written notice to the Company. Except to the extent the collection, use,
processing or transfer of Data is required by law, Participant may object to the collection, use,
processing or transfer of Data by contacting the Company in writing. Participant understands that
such objection may affect his/her ability to participate in the Plan. Participant understands that
he/she may contact the Company’s Stock Plan Administration to obtain more information on the
consequences of such objection.

     14. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of New York, without regard to conflicts of laws, and any and all
disputes between the Participant and the Company relating to the Option shall be brought only in a
state or federal court of competent jurisdiction sitting in Manhattan, New York, and the
Participant and the Company hereby irrevocably submit to the jurisdiction of any such court and
irrevocably agree that venue for any such action shall be only in any such court.

     15. Modifications And Amendments. The terms and provisions of this Agreement and the
Notice may be modified or amended as provided in the Plan.

     16. Waivers And Consents. Except as provided in the Plan, the terms and provisions of
this Agreement and the Notice may be waived, or consent for the departure therefrom granted, only
by a written document executed by the party entitled to the benefits of such terms or provisions.
No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with
respect to any other terms or provisions of this Agreement or the Notice, whether or not similar.
Each such waiver or consent shall be effective only in the specific instance and for the purpose
for which it was given, and shall not constitute a continuing waiver or consent.

     17. Reformation; Severability. If any provision of this Agreement or the Notice
(including any provision of the Plan that is incorporated herein by reference) shall hereafter be
held to be invalid, unenforceable or illegal, in whole or in part, in any jurisdiction under any
circumstances for any reason, (i) such provision shall be reformed to the minimum extent necessary
to cause such provision to be valid, enforceable and legal while preserving the intent of the
parties as expressed in, and the benefits of the parties provided by, this Agreement, the Notice
and the Plan or (ii) if such provision cannot be so reformed, such provision shall be severed from
this Agreement or the Notice and an equitable adjustment shall be made to this

10

 

Agreement or the Notice (including, without limitation, addition of necessary further
provisions) so as to give effect to the intent as so expressed and the benefits so provided. Such
holding shall not affect or impair the validity, enforceability or legality of such provision in
any other jurisdiction or under any other circumstances. Neither such holding nor such reformation
nor severance shall affect the legality, validity or enforceability of any other provision of this
Agreement, the Notice or the Plan.

     18. Entry into Force. By entering into this Agreement, the Participant agrees and
acknowledges that (i) the Participant has received and read a copy of the Plan and (ii) the Option
is granted pursuant to the Plan and is therefore subject to all of the terms of the Plan.

     19. Changes in Capitalization and Other Regulations. The Option shall be subject to
all of the terms and provisions as provided in this Agreement and in the Plan, which are
incorporated by reference herein and made a part hereof, including, without limitation, the
provisions of Section 10 of the Plan (generally relating to adjustments to the number of Shares
subject to the Option, upon certain changes in capitalization and certain reorganizations and other
transactions).

     20. Entire Agreement. Except as specifically stated herein, this Agreement, together
with the Notice and the Plan, embodies the entire agreement and understanding between the parties
hereto with respect to the subject matter hereof and supersedes all prior oral or written
agreements and understandings relating to the subject matter hereof. No statement, representation,
warranty, covenant or agreement not expressly set forth in this Agreement or the Notice shall
affect or be used to interpret, change or restrict, the express terms and provisions of this
Agreement or the Notice; provided that, this Agreement and the Notice shall be
subject to and governed by the Plan, and in the event of any inconsistency between the provisions
of this Agreement or the Notice and the provisions of the Plan, the provisions of the Plan shall
govern.

11exv10w52

EXHIBIT
10.52

Time Warner Cable Inc.

Restricted Stock Units Agreement

General Terms and Conditions

     WHEREAS, Time Warner Cable Inc. (the “Company”) has adopted the Plan (as defined below), the
terms of which are hereby incorporated by reference and made a part of this Restricted Stock Units
Agreement (the “Agreement”); and

     WHEREAS, the Committee has determined that it would be in the best interests of the Company
and its stockholders to grant the restricted stock units (the “RSUs”) provided for herein
to the Participant pursuant to the Plan and the terms set forth herein.

     NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties
agree as follows:

     1. Definitions. Whenever the following terms are used in this Agreement, they shall
have the meanings set forth below. Capitalized terms not otherwise defined herein shall have the
same meanings as in the Plan.

          (a) “Cause” means “Cause” as defined in an employment, consulting, advisory or similar
agreement between the Company or any of its Affiliates and the Participant or, if not defined
therein or if there is no such agreement, “Cause” means the Participant’s (i) conviction (treating
a nolo contendere plea as a conviction) of a felony, whether or not any right to appeal has been or
may be exercised, other than as a result of a moving violation or a Limited Vicarious Liability (as
defined below), (ii) willful failure or refusal without proper cause to perform such Participant’s
material duties with the Company (other than any such failure resulting from the Participant’s
total or partial incapacity due to physical or mental impairment), (iii) willful misappropriation,
embezzlement, fraud or any reckless or willful destruction of Company property having a significant
adverse financial effect on the Company or a significant adverse effect on the Company’s
reputation, (iv) willful and material breach of any statutory or common law duty of loyalty to the
Company having a significant adverse financial effect on the Company or a significant adverse
effect on the Company’s reputation, (v) material and willful breach of any restrictive covenants to
which the Participant is subject, including non-competition, non-solicitation, non-disparagement or
confidentiality provisions, or (vi) willful violation of any material Company policy, including the
Company’s Standards of Business Conduct having a significant adverse financial effect on the
Company or a significant adverse effect on the Company’s reputation. The determination by the
Company as to the existence of “Cause” will be conclusive on the Participant.

 

 

          (b) “Disability” means “Disability” as defined in an employment, consulting, advisory
or similar agreement between the Company or any of its Affiliates and the Participant or, if not
defined therein or if there shall be no such agreement, “Disability” of the Participant shall have
the meaning ascribed to such term in the Company’s long-term disability plan or policy, as in
effect from time to time, to the extent that either such definition also constitutes such
Participant being considered “disabled” under Section 409A(a)(2)(C) of the Code.

          (c) “Good Reason” means “Good Reason” as defined in an employment, consulting,
advisory or similar agreement between the Company or any of its Affiliates and the Participant or,
if not defined therein or if there is no such agreement, “Good Reason” means, following a change of
control (i) the failure of the Company or any Affiliate to pay or cause to be paid the
Participant’s base salary or annual bonus when due or (ii) any substantial and sustained diminution
in the Participant’s authority or responsibilities materially inconsistent with the Participant’s
position; provided that either of the events described in clauses (i) and (ii) will
constitute Good Reason only if the Company fails to cure such event within thirty (30) days after
receipt from the Participant of written notice of the event which constitutes Good Reason;
provided, further, that “Good Reason” will cease to exist for an event on the
sixtieth (60th) day following the later of its occurrence or the Participant’s knowledge
thereof, unless the Participant has given the Company written notice of his or her termination of
Employment for Good Reason prior to such date.

          (d) “Limited Vicarious Liability” shall mean any liability which is based on acts of
the Company for which the Participant is responsible solely as a result of Participant’s office(s)
with the Company; provided that (i) the Participant is not directly involved in such acts and
either had no prior knowledge of such actions or, upon obtaining such knowledge, promptly acted
reasonably and in good faith to attempt to prevent the acts causing such liability or (ii) after
consulting with the Company’s counsel, the Participant reasonably believed that no law was being
violated by such acts.

          (e) “Notice” means the Notice of Grant of Restricted Stock Units, which has been
provided to the Participant separately and which accompanies and forms a part of this Agreement.

          (f) “Participant” means an individual to whom RSUs as set forth in the Notice have
been awarded pursuant to the Plan and shall have the same meaning as may be assigned to the terms
“Holder” or “Participant” in the Plan.

          (g) “Performance” means the Participant’s failure to meet performance expectations, as
determined in the Company’s sole discretion, and consistent with any performance determination
under the TWC Severance Pay Plan, if applicable.

          (h) “Plan” means the Time Warner Cable 2006 Stock Incentive Plan, as such plan may be
amended, supplemented or modified from time to time.

2

 

          (i) “Retirement” means a voluntary termination of Employment by the Participant
following the attainment of (i) age 60 with ten (10) or more years of Service or (ii) age 65 with
five (5) or more years of Service; provided that, the terms of any employment, consulting, advisory
or similar agreement entered into by the Participant and the Company or an Affiliate that provides
a definition of “Retirement” relating specifically to the vesting of outstanding equity awards
granted under the Plan shall supersede this definition.

          (j) “Service” means the period of time a Participant is engaged as an employee or
director (i) with the Company, (ii) with any Affiliate, or (iii) in respect to any period of time
prior to March 12, 2009, with Time Warner Inc. or any affiliate thereof (“TWX”); provided that, if
the Participant became an employee or director of the Company or any Affiliate on or after March
12, 2009, any period of time Participant was engaged by TWX shall not be counted for this
definition.

          (k) “Vesting Date” means each vesting date set forth in the Notice.

     2. Grant of Restricted Stock Units. The Company hereby grants to the Participant (the
“Award”), on the terms and conditions hereinafter set forth, the number of RSUs set forth
on the Notice. Each RSU represents the unfunded, unsecured right of the Participant to receive one
Share on the date(s) specified herein or in the Notice. RSUs do not constitute issued and
outstanding Shares for any corporate purposes and do not confer on the Participant any right to
vote on matters that are submitted to a vote of holders of Shares.

     3. Dividend Equivalents and Retained Distributions. If on any date while RSUs are
outstanding hereunder the Company shall pay any regular cash dividend on the Shares, the
Participant shall be paid, for each RSU held by the Participant on the record date, an amount of
cash equal to the dividend paid on a Share (the “Dividend Equivalents”) at the time that
such dividends are paid to holders of Shares. If on any date while RSUs are outstanding hereunder
the Company shall pay any dividend other than a regular cash dividend or make any other
distribution on the Shares, the Participant shall be credited with a bookkeeping entry equivalent
to such dividend or distribution for each RSU held by the Participant on the record date for such
dividend or distribution, but the Company shall retain custody of all such dividends and
distributions (the “Retained Distributions”); provided, however, that if
the Retained Distribution relates to a dividend paid in Shares, the Participant shall receive an
additional amount of RSUs equal to the product of (i) the aggregate number of RSUs held by the
Participant pursuant to this Agreement through the related dividend record date, multiplied by (ii)
the number of Shares (including any fraction thereof) payable as a dividend on a Share. Retained
Distributions will not bear interest and will be subject to the same restrictions and payment
timing as the RSUs to which they relate.

     4. Vesting and Delivery of Shares.

          (a) Subject to the terms and provisions of the Plan and this Agreement, within sixty (60) days
after each Vesting Date with respect to the Award, the Company shall issue or transfer to the
Participant the number of Shares that vested on such Vesting Date as set forth on the Notice and
the Retained Distributions, if any, covered by that portion of the Award. Except as otherwise
provided in Sections 5 and 6, the vesting of such RSUs and any Retained

3

 

Distributions relating thereto shall occur only if the Participant has continued in Employment
of the Company or any of its Affiliates on the Vesting Date and has continuously been so employed
since the Date of Grant (as defined in the Notice).

          (b) RSUs Extinguished. Upon each issuance or transfer of Shares in accordance with
this Agreement, a number of RSUs equal to the number of Shares issued or transferred to the
Participant shall be extinguished and such number of RSUs will not be considered to be held by the
Participant for any purpose.

          (c) Fractional Shares. Upon the final issuance or transfer of Shares and Retained
Distributions, if any, to the Participant pursuant to this Agreement, in lieu of a fractional
Share, the Participant shall receive a cash payment equal to the Fair Market Value of such
fractional Share.

     5. Termination of Employment.

          (a) Involuntary Termination for Performance; Involuntary Termination for Cause; Voluntary
Resignation. Unless otherwise provided in an employment, consulting, advisory or similar
agreement between the Participant and the Company or an Affiliate, if the Participant’s Employment
is terminated (i) by the Company for Performance or for Cause, (ii) by the Participant other than
at a time when the Participant satisfies the requirements for Retirement, or (iii) for any other
reason not specified in clauses (b), (c), (d) and (e) below prior to the Vesting Date of any
portion of the Award, then the RSUs covered by any such portion of the Award and all Retained
Distributions relating thereto shall be completely forfeited on the date of any such termination

          (b) Death; Disability; Retirement. If the Participant’s Employment is terminated (i)
as a result of his or her death or Disability or (ii) by the Participant due to his or her
Retirement, or (iii) by the Company or its Affiliates for any reason other than for Cause or
Performance on a date when the Participant satisfies the requirements for Retirement, then the RSUs
for which a Vesting Date has not yet occurred and all Retained Distributions relating thereto
shall, to the extent the RSUs were not extinguished prior to such termination of Employment, fully
vest on the date of any such termination and Shares subject to the RSUs shall be issued or
transferred to the Participant within sixty (60) days following such termination of Employment.

          (c) Without Cause; Not For Performance. Subject to the terms of any employment,
consulting, advisory or similar agreement entered into by the Participant and the Company or an
Affiliate that provides for treatment of RSUs that is more favorable to the Participant than the
terms of this Section 5(c), if the Participant’s Employment is terminated by the Company or its
Affiliates and such termination is not for Cause, not for Performance, and not at a time when the
Participant is eligible for Retirement, then the Participant will be vested immediately upon
Participant’s termination of Employment in a pro rata portion of the RSUs and related Retained
Distributions that were scheduled to vest on the next Vesting Date following the Participant’s
termination of Employment. Such pro rata portion will be determined as follows:

4

 

(x) the number of RSUs and related Retained Distributions covered by the portion of the
Award that were scheduled to vest on such upcoming Vesting Date,

multiplied by;

(y) a fraction, the numerator of which shall be the number of days from
the Vesting Date immediately preceding such Vesting Date (or the Date of Grant
if there was no prior Vesting Date) during which the Participant was employed by
the Company or any Affiliate, and the denominator of which shall be the number
of days from such immediately preceding Vesting Date (or the Date of Grant if
there was no prior Vesting Date) through the next succeeding Vesting Date.

If the product of (x) and (y) results in a fractional share, such fractional share shall be rounded
to the next higher whole share. Shares subject to such RSUs shall be issued or transferred and the
related Retained Distributions shall be paid to the Participant within sixty (60) days of the
Participant’s Employment termination date. The RSUs and any related Retained Distributions shall
be completely forfeited if they are not vested under this Section 5(c).

          (d) Disposition of Affiliate. Subject to Section 5(b) (Retirement) and Section 20
(§409A Compliance), if the Affiliate with which the Participant has a service relationship ceases
to be an Affiliate due to a transfer, sale or other disposition by the Company or an Affiliate
(“Disposition”), the vesting of the RSU and the issuance of the Shares shall be governed by Section
5(c) hereof as if the Participant’s Employment terminated on the date of such Disposition;
provided however, that if such Disposition does not constitute the Participant’s separation
from service for purposes of Code Section 409A, any shares that are vested as a result of this
Section 5(d) shall not be issued until the earlier of the Vesting Date when such shares would
otherwise have been issued or the Participant’s separation from service within the meaning of Code
Section 409A.

          (e) After Change in Control. Subject to Section 6, if the Participant’s Employment is
terminated by the Company or its Affiliates without Cause (whether or not due to Participant’s
Performance) or by the Participant for Good Reason, or by the Company or its Affiliates for Cause
pursuant to Sections 1(a)(ii) and 1(a)(vi), within 12 months after a Change in Control (as defined
in the Plan), to the extent the Award has not been previously canceled or forfeited, the Award will
vest in full upon such Employment termination and shall be issued or transferred to the
Participant within sixty (60) days following such Employment termination, along with the Retained
Distributions related thereto.

          (f) Leave of Absence. For purposes of this Section 5, a temporary leave of absence
shall not constitute a termination of Employment or a failure to be continuously employed by the
Company or any Affiliate regardless of the Participant’s payroll status during such leave of
absence if such leave of absence (i) is approved in writing by the Company or any Affiliate subject
to the other terms and conditions of the Agreement and the Plan and (ii) constitutes a bona fide
leave of absence and not a separation from service under Treas. Reg. §1.409A-1(h)(1)(i). Notice of
any such approved leave of absence should be sent to the

5

 

Company, but such notice shall not be required for the leave of absence to be considered
approved.

     6. IRC §§ 280G and 4999. Notwithstanding anything to the contrary contained in this
Agreement, to the extent that the vesting of any RSUs granted to Participant pursuant to this
Agreement (a) constitutes a “parachute payment” within the meaning of Section 280G of the Code and
(b) but for this Section 6, would be subject to the excise tax imposed by Section 4999 of the Code,
then such RSUs shall vest either (i) in full or (ii) in such lesser amount which would result in no
portion of such RSUs being subject to excise tax under Section 4999 of the Code; whichever of the
foregoing amounts, taking into account the applicable federal, state and local income or excise
taxes (including the excise tax imposed by Section 4999), results in Participant’s receipt on an
after-tax basis, of the greatest amount of total compensation, notwithstanding that all or some
portion of such RSUs may be taxable under Section 4999 of the Code.

          (a) Calculation. Any calculation required under this Section shall be made in writing
by an independent public accountant, or other appropriate internal or external resource, selected
by the Company, whose determination shall be conclusive and binding upon Participant and the
Company for all purposes. The Company shall bear the costs of performing the calculations
contemplated by this Section, as well as any reasonable legal or accountant expenses, or any
additional taxes, that the Participant may incur as a result of any calculation errors made in
connection with the Code Section 4999 excise tax determination contemplated by this Section.

          (b) Order of 280G Payment Reduction. Unless provided otherwise in Participant’s
employment agreement with the Company, the reduction of RSUs vesting, if applicable, shall be
effected in the following order, but only to the extent that each item listed provides for a
reduction to minimize Section 280G consequences: (i) any cash parachute payments, (ii) any health
and welfare and similar benefits valued as parachute payments, (iii) the acceleration of vesting of
any stock options for which the exercise price exceeds the then fair market value of the underlying
stock, (iv) the reduction of any acceleration of vesting of any equity award that is not a stock
option (including the RSUs), and (v) the acceleration of vesting of any stock options for which the
exercise price is less than the fair market value of the underlying stock.

     7. Withholding Taxes. The Participant agrees that,

          (a) Obligation to Pay Withholding Taxes. Upon the payment of any Dividend Equivalents and the
vesting of any portion of the Award of RSUs and the Retained Distributions relating thereto, the
Participant will be required to pay to the Company any applicable Federal, state, local or foreign
withholding tax due as a result of such payment or vesting. The Company’s obligation to deliver the
Shares subject to the RSUs or to pay any Dividend Equivalents or Retained Distributions shall be
subject to such payment. The Company and its Affiliates shall, to the extent permitted by law, have
the right to deduct from the Dividend Equivalent, Shares issued in connection with the vesting or
Retained Distribution, as applicable, or any payment of any kind otherwise due to the Participant
the minimum statutory Federal, state, local or foreign withholding taxes due with respect to such
vesting or payment.

6

 

          (b) Payment of Taxes with Stock. Subject to the Committee’s right to require the
Participant to pay the minimum statutory withholding tax in cash, the Participant shall have the
right to elect to pay the minimum statutory withholding tax associated with a vesting with Shares
to be received upon vesting. Unless the Company shall permit another valuation method to be elected
by the Participant, Shares used to pay any required withholding taxes shall be valued at the
closing price of a Share on the New York Stock Exchange on the date the withholding tax becomes due
(hereinafter called the “Tax Date”). Notwithstanding anything herein to the contrary, if a
Participant does not elect to pay the withholding tax in cash within the time period established by
the Company, then the Participant shall be deemed to have elected to pay such withholding taxes
with Shares to be received upon vesting. Elections must be made in conformity with conditions
established by the Committee from time to time.

          (c) Conditions to Payment of Taxes with Stock. Any election to pay the minimum
statutory withholding taxes with cash must be made prior to the Tax Date in accordance with the
Company’s customary practices and will be irrevocable once made.

     8. Changes in Capitalization and Government and Other Regulations. The Award shall be
subject to all of the terms and provisions as provided in this Agreement and in the Plan, which are
incorporated by reference herein and made a part hereof, including, without limitation, the
provisions of Section 10 of the Plan (generally relating to adjustments to the number of Shares
subject to the Award, upon certain changes in capitalization and certain reorganizations and other
transactions).

     9. Forfeiture. A breach of any of the foregoing restrictions or a breach of any of the
other restrictions, terms and conditions of the Plan or this Agreement, with respect to any of the
RSUs or any Dividend Equivalents and Retained Distributions relating thereto, except as waived by
the Board or the Committee, will cause a forfeiture of such RSUs and any Dividend Equivalents or
Retained Distributions relating thereto.

     10. RSU Repayment Obligation.

          (a) In the event of the termination of the Participant’s Employment for Cause as a result of a
Cause event specified in Sections 1(a)(i), 1(a)(iii), 1(a)(iv), or 1(a)(v) above (each a “Covered
Cause Event”), any Shares issued and related Retained Distributions paid to the Participant with
respect to vesting of a RSU Award within the three year period prior to the occurrence of the
Covered Cause Event (the “Forfeiture Period”), shall be subject to repayment to the Company in an
amount equal to the fair market value of such Shares and the amount of such Retained Distributions
as of the date such Shares were issued and the Retained Distributions paid.

          (b) In the event the Participant’s Employment is terminated for any reason other than Cause,
and it is determined by the Company within twelve (12) months of such termination of Employment
that the Participant engaged in acts or omissions during the Participant’s three prior years of
Employment that would have resulted in the Participant’s termination by the Company for a Covered
Cause Event, any Shares issued and related Retained Distributions paid to the Participant in the
three-year period prior to and the sixty-day period following the Participant’s termination of
Employment shall be subject to repayment to the

7

 

Company in an amount equal to the fair market value of such Shares and the amount of such
Retained Distributions as of the date such Shares were issued and related Retained Distributions
paid.

          (c) Repayments pursuant to Sections 10(a) or 10(b) shall be made by certified check within
sixty (60) days after written demand is made therefor by the Company. Notwithstanding the
foregoing, the Participant may satisfy the repayment obligations with respect to amounts owed
pursuant to Section 10 by returning to the Company the applicable Shares issued to the Participant,
provided that, the Participant demonstrates to the Company’s satisfaction that such Shares were
continuously owned by the Participant since the date of issuance.

          (d) Notwithstanding any of the foregoing, the Company’s Board of Directors (Board) or
committee to whom the Board has delegated such matters shall retain sole discretion regarding
whether to seek the remedies set forth in Sections 10(a) and 10(b). The repayment obligations of
Section 10 shall not apply unless the Company gives the Participant written notice of the Company’s
exercise of its rights under Section 10 within ninety (90) days of a senior officer of the Company
becoming aware of the conduct giving rise to the Covered Cause Event; and if the Company fails to
do so such conduct shall no longer provide a basis for any repayment obligation pursuant to this
Section 10.

          (e) If the terms of any employment, consulting, advisory or similar agreement entered into by
the Participant and the Company or any Affiliate provides for compensation forfeiture provisions
triggered by a “Covered Cause Event” (as defined in the employment or similar agreement), then such
provisions shall supersede the provisions of this Section 10 during the term of the employment or
similar agreement.

     11. Right of Company to Terminate Employment. Nothing contained in the Plan or this
Agreement shall confer on any Participant any right to continue in the employ of the Company or any
of its Affiliates, and the Company and any such Affiliate shall have the right to terminate the
Employment of the Participant at any such time, with or without cause, notwithstanding the fact
that some or all of the RSUs and related Retained Distributions covered by this Agreement may be
forfeited as a result of such termination. The granting of the RSUs under this Agreement shall not
confer on the Participant any right to any future Awards under the Plan.

     12. Notices. Any notice which either party hereto may be required or permitted to give
the other shall be in writing and may be delivered personally or by mail, postage prepaid,
addressed to Time Warner Cable Inc., at 7910 Crescent Executive Drive, Charlotte, NC 28217,
attention Manager, Executive Compensation, and to the Participant at his or her address, as it is
shown on the records of the Company or its Affiliate, or in either case to such other address as
the Company or the Participant, as the case may be, by notice to the other may designate in writing
from time to time. Any such notice shall be deemed effective upon receipt thereof by the
addressee.

     13. Interpretation and Amendments. The Board and the Committee (to the extent
delegated by the Board) have plenary authority to interpret this Agreement and the Plan,

8

 

to prescribe, amend and rescind rules relating thereto and to make all other determinations in
connection with the administration of the Plan. The Board or the Committee may from time to time
modify or amend this Agreement in accordance with the provisions of the Plan, provided that no such
amendment shall adversely affect the rights of the Participant under this Agreement without his or
her consent.

     14. Successors and Assigns. This Agreement shall be binding upon and inure to the
benefit of the Company and its successors and assigns, and shall be binding upon and inure to the
benefit of the Participant and his or her legatees, distributees and personal representatives.

     15. Copy of the Plan. The Participant agrees and acknowledges that he or she has
received and read a copy of the Plan.

     16. Governing Law. The Agreement shall be governed by, and construed in accordance
with, the laws of the State of New York without regard to any choice of law rules thereof which
might apply the laws of any other jurisdiction.

     17. Waiver of Jury Trial. To the extent not prohibited by applicable law which cannot
be waived, each party hereto hereby waives, and covenants that it will not assert (whether as
plaintiff, defendant or otherwise), any right to trial by jury in any forum in respect of any suit,
action, or other proceeding arising out of or based upon this Agreement.

     18. Submission to Jurisdiction; Service of Process. Each of the parties hereto hereby
irrevocably submits to the jurisdiction of the state courts of the State of New York and the
jurisdiction of the United States District Court for the Southern District of New York for the
purposes of any suit, action or other proceeding arising out of or based upon this Agreement. Each
of the parties hereto to the extent permitted by applicable law hereby waives, and agrees not to
assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding
brought in such courts, any claim that it is not subject personally to the jurisdiction of the
above-named courts, that its property is exempt or immune from attachment or execution, that such
suit, action or proceeding in the above-referenced courts is brought in an inconvenient forum, that
the venue of such suit, action or proceedings, is improper or that this Agreement may not be
enforced in or by such court. Each of the parties hereto hereby consents to service of process by
mail at its address to which notices are to be given pursuant to Section 12 hereof.

     19. Personal Data. The Company and its Affiliates may hold, collect, use, process and
transfer, in electronic or other form, certain personal information about the Participant for the
exclusive purpose of implementing, administering and managing the Participant’s participation in
the Plan. Participant understands that the following personal information is required for the above
named purposes: his/her name, home address and telephone number, office address (including
department and employing entity) and telephone number, e-mail address, date of birth, citizenship,
country of residence at the time of grant, work location country, system employee ID, employee
local ID, employment status (including international status code), supervisor (if applicable), job
code, title, salary, bonus target and bonuses paid (if applicable), termination date and reason,
taxpayer’s identification number, tax equalization code, US Green Card holder status, contract type
(single/dual/multi), any shares of stock or directorships held in the Company, details of all
grants of RSUs (including number of grants,

9

 

grant dates, vesting type, vesting dates, and any other information regarding RSUs that have
been granted, canceled, vested, or forfeited) with respect to the Participant, estimated tax
withholding rate, brokerage account number (if applicable), and brokerage fees (the
“Data”). Participant understands that Data may be collected from the Participant directly
or, on Company’s request, from any Affiliate. Participant understands that Data may be transferred
to third parties assisting the Company in the implementation, administration and management of the
Plan, including the brokers approved by the Company, the broker selected by the Participant from
among such Company-approved brokers (if applicable), tax consultants and the Company’s software
providers (the “Data Recipients”). Participant understands that some of these Data
Recipients may be located outside the Participant’s country of residence, and that the Data
Recipient’s country may have different data privacy laws and protections than the Participant’s
country of residence. Participant understands that the Data Recipients will receive, possess, use,
retain and transfer the Data, in electronic or other form, for the purposes of implementing,
administering and managing the Participant’s participation in the Plan, including any requisite
transfer of such Data as may be required for the administration of the Plan and/or the subsequent
holding of Shares on the Participant’s behalf by a broker or other third party with whom the
Participant may elect to deposit any Shares acquired pursuant to the Plan. Participant understands
that Data will be held only as long as necessary to implement, administer and manage the
Participant’s participation in the Plan. Participant understands that Data may also be made
available to public authorities as required by law, e.g., to the U.S. government. Participant
understands that the Participant may, at any time, review Data and may provide updated Data or
corrections to the Data by written notice to the Company. Except to the extent the collection, use,
processing or transfer of Data is required by law, Participant may object to the collection, use,
processing or transfer of Data by contacting the Company in writing. Participant understands that
such objection may affect his/her ability to participate in the Plan. Participant understands that
he/she may contact the Company’s Stock Plan Administration to obtain more information on the
consequences of such objection.

     20. Compliance With Code Section 409A. The Agreement is intended to comply with the
requirements of Code Section 409A to avoid taxation under Code Section 409A(a)(1) and shall, at all
times be interpreted, operated and administered in a manner consistent with this intent. References
herein to “termination of employment” and similar terms used in this Agreement shall be deemed to
refer to “separation from service” within the meaning of Code Section 409A to the extent necessary
to comply with Code Section 409A, as applied using a definition of “service recipient” with respect
to any Affiliate that includes all entities that would be treated as a single employer with the
Company under Code Sections 414(b) and 414(c) applying a 50 percent ownership level, rather than an
80 percent ownership level (pursuant to Treasury Regulation Section 1.409-1(h)(3)). Notwithstanding
any provision of the Agreement to the contrary, if at the time of a Participant’s separation from
service, the Participant is a “specified employee” as defined in Code Section 409A and any Shares
or amounts otherwise payable under this Agreement as a result of such separation from service are
subject to Code Section 409A, then no transfer or payment of such Shares or amounts shall be made
until the date that is six months following the Participant’s separation from service (or the
earliest date as is permitted under Section 409A of the Code), and the Company will transfer or pay
any Shares or amounts that are delayed under the foregoing within sixty (60) days of such date.
Notwithstanding the forgoing or any other term or provision of this Agreement or the Plan, neither
the Company nor any Affiliate nor any of its or their officers, directors, employees,

10

 

agents or other service providers shall have any liability to any person for any taxes,
penalties or interest due on any amounts paid or payable hereunder, including any taxes, penalties
or interest imposed under Code Section 409A.

     21. Entire Agreement. Except as specifically stated herein, this Agreement, together
with the Notice and the Plan, embodies the entire agreement and understanding between the parties
hereto with respect to the subject matter hereof and supersedes all prior oral or written
agreements and understandings relating to the subject matter hereof. No statement, representation,
warranty, covenant or agreement not expressly set forth in this Agreement or the Notice shall
affect or be used to interpret, change or restrict, the express terms and provisions of this
Agreement or the Notice; provided, that this Agreement and the Notice shall be subject to
and governed by the Plan, and in the event of any inconsistency between the provisions of this
Agreement or the Notice and the provisions of the Plan, the provisions of the Plan shall govern.

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