Document:

AMENDED & RESTATED EMPLOYMENT AGREEMENT

          THIS AMENDED & RESTATED EMPLOYMENT AGREEMENT,  dated as of 5 July
2006  (this  "Agreement"),  by and  between  NTL  Incorporated,  a Delaware
corporation (the "Company"), and James Mooney (the "Executive").

          WHEREAS,  on 3 March 2006, NTL  Incorporated and Telewest Global,
Inc. effected a merger transaction (the "Merger"),  structured as a reverse
acquisition,  whereby Telewest Global,  Inc.  acquired NTL Incorporated and
both companies  changed their names so that Telewest  Global,  Inc.  became
"NTL  Incorporated" and former NTL Incorporated  became "NTL Holdings Inc."
("Old NTL");

          WHEREAS, as a result of the Merger, Old NTL became a wholly owned
subsidiary of the Company and shares of Old NTL were  converted into shares
of the Company, so that one share of common stock of Old NTL became two and
a half shares of the common stock of the Company after giving effect to the
Merger;

          WHEREAS,  the  Executive has been employed as the Chairman of the
Board of Old NTL  since 7 March  2003 and as  Chairman  of the Board of the
Company  since the closing of the Merger on 3 March  2006,  pursuant to the
terms  of an  Employment  Agreement  dated  as of 17  September  2003  (the
"Original Agreement"); and

          WHEREAS,  the Company and the Executive  each desire to amend and
restate the Original  Agreement  in its  entirety to extend the  Employment
Term,  to provide for the  assignment  of this  Agreement by Old NTL to the
Company,  to provide for certain additional  restricted stock grants to the
Executive  and to provide for his  continued  employment  with the Company,
which is now the parent entity of the group;

          NOW, THEREFORE, for good and valuable consideration,  the receipt
and  sufficiency  of which are hereby  acknowledged,  the parties  agree as
follows:

          1. Amendment;  Employment Term. The Original  Agreement is hereby
amended and  restated in its entirety by this  Agreement.  The parties have
agreed to assign  the  terms of the  Original  Agreement,  as  amended  and
restated  hereby,  to the  Company  from Old NTL and  accordingly  the term
"Company" now refers to NTL  Incorporated,  the ultimate parent entity.  In
connection with such assignment, the parties acknowledge and agree that (i)
all rights of Old NTL under the  Original  Agreement  are now rights of the
Company under this Agreement and shall be enforceable against the Executive
solely by the Company,  (ii) all rights of the Executive under the Original
Agreement shall be enforceable by the Executive solely against the Company,
(iii)  all  obligations  of Old NTL under the  Original  Agreement  are now
obligations of the Company under this Agreement and shall be enforceable by
the Executive  solely  against the Company and (iv) all  obligations of the
Executive  under the Original  Agreement  shall be enforceable  against the
Executive  solely by the Company.  The Executive hereby releases and waives
Old NTL from any and all such claims he may have  against it as of the date
hereof and acknowledges  that, from and after the date hereof,  such claims
shall be asserted solely against the Company.

          Except for earlier  termination as provided for in Section 7, the
Company  agrees to employ the  Executive,  and the  Executive  agrees to be
employed  by the  Company,  subject  to the  terms and  provisions  of this
Agreement, for the period commencing on 7 March 2003 and ending on 30 April
2009 (the "Employment Term").

          2. Duties.  During the Employment Term, the Executive shall serve
as the  Chairman of the Board.  The  Executive  shall  perform such duties,
services and responsibilities on behalf of the Company and its subsidiaries
as may be determined  from time to time by the Board.  In  performing  such
duties  hereunder,  the Executive  will report  directly to the Board.  The
Executive shall devote  substantial  business time,  attention and skill to
the performance of such duties, services and responsibilities, and will use
his best efforts to promote the interests of the Company.

          3. Cash Compensation. In full consideration of the performance by
the Executive of the Executive's  obligations  during the Employment  Term,
the Executive shall be compensated as follows:

               (a) Base Salary.  The Executive shall be eligible to receive
a base salary  during the  Employment  Term at an annual rate of $1,250,000
per year (the "Base Salary"). The Base Salary is payable in accordance with
the normal payroll practices of the Company then in effect.

               (b) Incentive Bonus. The Executive shall  participate in the
Company's cash bonus plans,  with an on-target bonus  percentage of 100% of
base  salary,  provided  that for bonus  purposes  his base salary shall be
deemed to be $400,000.

          4.  Equity-Based  Compensation.  Prior to the  completion  of the
Merger,  the Executive was granted  options to purchase common stock of Old
NTL and  restricted  Old NTL common  stock,  and the shares of common stock
subject to such grants (to the extent outstanding  immediately prior to the
completion  of the Merger) were  converted in the Merger into shares of the
Company  (the "Prior  Equity  Grants").  In  addition  to the Prior  Equity
Grants,  effective as of the earliest practicable date following the day on
which the Company's 2006 Stock  Incentive Plan is approved by the Company's
shareholders, the Executive has been granted an additional 1,125,000 shares
of common stock of the Company, on the terms and conditions as described on
Exhibit  A-1 and as set  forth in the form of  Restricted  Stock  Agreement
attached in Exhibit A-2 (the "Restricted Stock Agreement").

          5. Benefits.  During the Employment  Term, the Executive shall be
entitled to: (i) participate in health  insurance and life insurance plans,
policies, programs and arrangements in accordance with the Company's policy
then  in  effect,  to  the  extent  the  Executive  meets  the  eligibility
requirements  for any such plan,  policy,  program or arrangement  and (ii)
reimbursement  for travel expenses in accordance with the Company's  policy
then in effect.

          6. Taxes.  The Executive  shall be solely  responsible  for taxes
imposed  on the  Executive  by  reason  of any  compensation  and  benefits
provided under this Agreement and all such  compensation and benefits shall
be subject to applicable withholding taxes.

          7. Termination.  The Executive's  employment with the Company and
the Employment  Term shall  terminate upon the expiration of the Employment
Term or upon the earlier  occurrence  of any of the  following  events (the
date of termination, the "Termination Date"):

               (a) The death of the Executive ("Death").

               (b)  The  mutual  agreement  between  the  Company  and  the
Executive  that the  employment of the Executive  with the Company shall be
terminated.

               (c) The  termination  of employment by the Company for Cause
upon written  notice (the "Cause  Notice") to the Executive  specifying the
conduct  constituting  Cause.  Termination of employment for "Cause" means:
(i) the Executive is convicted of any criminal  offense  including fraud or
breach of trust,  (ii) the willful or continued failure of the Executive to
perform  the  Executive's  duties  hereunder  (other  than as a  result  of
physical or mental illness) or (iii) in carrying out the Executive's duties
hereunder,  the  Executive  has engaged in conduct that  constitutes  gross
neglect or willful misconduct,  unless the Executive believed in good faith
that such  conduct  was in, or not opposed  to, the best  interests  of the
Company and its parents, subsidiaries,  associated and affiliated companies
and joint ventures (collectively,  the "Company Affiliated Group"). For all
purposes of the Executive's  employment by the Company,  if the Executive's
employment is terminated for Cause,  the effective date of such termination
shall be the date of delivery of the Cause Notice.

               (d) The  termination  of  employment  by the  Company if the
Executive is Disabled.  "Disabled" shall mean that the Executive, as of any
date,  has  been  unable,  due  to  physical  or  mental   incapacity,   to
substantially perform the Executive's duties, services and responsibilities
hereunder  either for a period of at least 180  consecutive  days or for at
least  270  days  in  any  consecutive  365-day  period,  whichever  may be
applicable.

               (e) The  termination of employment by the Company other than
for Cause,  being  Disabled or Death.  A  termination  other than for Cause
includes the failure of the Company,  without the Executive's  consent,  to
nominate the Executive to the slate of directors proposed by the Company at
the Company's 2008 annual meeting of stockholders.

          In the event of termination of the  Executive's  employment,  for
whatever reason (other than Death),  the Executive agrees to cooperate with
the Company, its subsidiaries and affiliates and to be reasonably available
to the Company,  its subsidiaries and affiliates with respect to continuing
and/or future matters arising out of the Executive's  employment  hereunder
or any other relationship with the Company, its subsidiaries or affiliates,
whether such matters are business-related, legal or otherwise.

          Upon  termination of the  Executive's  employment for any reason,
the Executive  shall be deemed to have resigned from the Board and from all
other  boards  of, and other  positions  with,  any  member of the  Company
Affiliated Group, as applicable,  and shall execute all such  documentation
required to evidence any such resignations.

          8. Termination Payments.

               (a)  If  the   Executive's   employment   with  the  Company
terminates  pursuant to  Subsection  (a), (b), (c) or (d) of Section 7, the
Company shall pay the Executive:  (i) any accrued and unpaid Base Salary as
of the  Termination  Date and (ii) an amount equal to such  reasonable  and
necessary  business  expenses  incurred by the Executive in connection with
the  Executive's  employment  on behalf of the  Company  on or prior to the
Termination  Date but not  previously  paid to the Executive  (the "Accrued
Compensation").

               (b)  If  the   Executive's   employment   with  the  Company
terminates pursuant to Subsection (e) of Section 7:

                    (i) the  Company  shall pay the  Executive  the Accrued
Compensation;

                    (ii) for a period of one year following the Termination
Date,  but only for so long as the Executive is in compliance  with Section
9, the  Company  shall  continue to pay the  Executive  the Base Salary and
Bonus in accordance with the normal payroll practices of the Company; and

                    (iii)  (x) the  portion  of the  shares  granted  under
Sections  3(i)  and  3(ii)  of the  Restricted  Stock  Agreement  that  are
scheduled to become vested within one year following the  Termination  Date
shall become vested on the Termination  Date (without regard to whether the
performance  conditions  relating  thereto are satisfied) and the remaining
portion of the shares granted under such Sections  shall be forfeited,  and
(y)  one-third of the of the shares  granted  under  Section  3(iii) of the
Restricted  Stock  Agreement shall become vested (without regard to whether
the  performance  conditions  relating  thereto  are  satisfied),  and  the
Compensation  Committee or the Board of Directors  will have the discretion
to vest all or any part of the remaining  portion of the  Restricted  Stock
Agreement granted under such Section.

               (c)  If  the   Executive's   employment   with  the  Company
terminates  pursuant  to  Subsection  (a) of Section 7, any shares  granted
under the Restricted Stock Agreement and not then forfeited pursuant to the
terms thereof shall become vested and exercisable on the Termination Date.

               (d) Release;  Full Satisfaction.  Notwithstanding  any other
provision of this  Agreement,  no severance pay shall become  payable under
this Agreement unless and until the Executive executes a general release of
claims in form and manner reasonably  satisfactory to the Company including
where  relevant a release of any  statutory  claims,  and such  release has
become irrevocable;  provided,  that the Executive shall not be required to
release  any  indemnification  rights.  The  payments to be provided to the
Executive  pursuant to this Section 8 upon  termination of the  Executive's
employment  shall  constitute  the  exclusive  payments  in the  nature  of
severance or termination pay or salary  continuation  which shall be due to
the Executive  upon a termination of employment and shall be in lieu of any
other such payments under any plan,  program,  policy or other  arrangement
which has heretofore  been or shall  hereafter be established by any member
of the Company Affiliated Group.

               (e) Effect of Section 409A of the Internal  Revenue Code. If
the Executive is a "specified employee" for purposes of Section 409A of the
Internal Revenue Code of 1986, as amended, and the regulations  thereunder,
any severance  payments to the Executive  which are subject to Section 409A
shall not  commence  until six months from the  Termination  Date,  and the
first payment after such period shall include all prior severance  payments
that would have been paid during such six month  period if Section 409A had
not been applicable thereto.

          9. Executive Covenants.

               (a)  Unauthorized  Disclosure.   The  Executive  agrees  and
understands  that  in  the  Executive's  position  with  the  Company,  the
Executive will be exposed to and will receive  information  relating to the
confidential  affairs of the Company  Affiliated  Group,  including but not
limited to  technical  information,  intellectual  property,  business  and
marketing  plans,  strategies,   customer  information,  other  information
concerning  the products,  promotions,  development,  financing,  expansion
plans, business policies and practices of the Company Affiliated Group, and
other forms of information considered by the Company to be confidential and
in the nature of trade secrets ("Confidential Information").  The Executive
agrees that during the Employment Term and  thereafter,  the Executive will
not disclose such Confidential Information,  either directly or indirectly,
to any third  person or entity  without  the prior  written  consent of the
Company.  This  confidentiality  covenant has no temporal,  geographical or
territorial  restriction.  Upon  termination  of the  Employment  Term, the
Executive will promptly  supply to the Company all property,  keys,  notes,
memoranda, writings, lists, files, reports, customer lists, correspondence,
tapes, disks, cards, surveys,  maps, logs, machines,  technical data or any
other tangible  product or document which has been produced by, received by
or otherwise  submitted to the Executive  during or prior to the Employment
Term.  Any  material  breach  of the  terms  of  this  paragraph  shall  be
considered Cause.

               (b)   Non-competition.   By  and  in  consideration  of  the
Company's  entering  into this  Agreement  and the  payments to be made and
benefits  to  be  provided  by  the  Company  hereunder,   and  further  in
consideration of the Executive's exposure to the proprietary information of
the Company  Affiliated Group, the Executive agrees that the Executive will
not, during the Employment Term, and thereafter during the "Non-competition
Term" (as defined below),  directly or indirectly,  own,  manage,  operate,
join, control, be employed by, or participate in the ownership, management,
operation or control of, or be connected in any manner with,  including but
not limited to holding any position as a  shareholder,  director,  officer,
consultant,  independent contractor, employee, partner, or investor in, any
"Restricted Enterprise" (as defined below); provided that in no event shall
ownership  of less  than 1% of the  outstanding  equity  securities  of any
issuer whose  securities are  registered  under the Securities and Exchange
Act of 1934, as amended,  standing  alone, be prohibited by this Subsection
(b) of this Section 9. For purposes of this paragraph, the term "Restricted
Enterprise" shall mean any person, corporation, partnership or other entity
that  competes  directly  or  indirectly  with any  member  of the  Company
Affiliated   Group  by  (i)  owning  or   operating   broadband  or  mobile
communications  networks for  telephone,  television or internet  services,
(ii)  providing  mobile  telephone,  fixed line  telephone,  television  or
internet   services  or  (iii)   owning,   operating   or   providing   any
content-generation   services  or   television   channels,   in  each  case
principally in the United Kingdom or Ireland.  Following termination of the
Employment  Term,  upon request of the Company,  the Executive shall notify
the Company of the Executive's then current employment status. For purposes
of this  Agreement,  the  "Non-competition  Term"  shall  mean  the  period
beginning on the  Termination  Date and ending on the first  anniversary of
such date.  Any  material  breach of the terms of this  paragraph  shall be
considered Cause.

               (c)  Non-solicitation.  During the Non-competition Term, the
Executive  shall not,  and shall not cause any other  person to,  interfere
with or harm, or attempt to interfere with or harm, the relationship of any
member of the Company Affiliated Group, or endeavor to entice away from any
member of the Company Affiliated Group, or hire, any person who at any time
during the Employment Term was an employee or customer of any member of the
Company Affiliated Group, or otherwise had a material business relationship
with any member of the Company Affiliated Group.

               (d)  Proprietary  Rights.  The Executive  assigns all of the
Executive's interest in any and all inventions,  discoveries,  improvements
and patentable or copyrightable  works initiated,  conceived or made by the
Executive,   either  alone  or  in  conjunction  with  others,  during  the
Employment  Term and related to the business or activities of any member of
the  Company  Affiliated  Group to the  Company  or its  nominee.  Whenever
requested to do so by the Company,  the Executive shall execute any and all
applications,  assignments or other  instruments  that the Company shall in
good faith deem  necessary to apply for and obtain  trademarks,  patents or
copyrights of the United States or any foreign country or otherwise protect
the interest of any member of the Company  Affiliated Group therein.  These
obligations  shall continue  beyond the  conclusion of the Employment  Term
with respect to  inventions,  discoveries,  improvements  or  copyrightable
works  initiated,  conceived or made by the Executive during the Employment
Term.

               (e) Remedies.  The  Executive  agrees that any breach of the
terms of this  Section 9 would result in  irreparable  injury and damage to
the Company,  its subsidiaries and/or its affiliates for which the Company,
its  subsidiaries  and/or its affiliates  would have no adequate  remedy at
law; the Executive  therefore  also agrees that in the event of said breach
or  any  threat  of  breach,  the  Company,  its  subsidiaries  and/or  its
affiliates, as applicable, shall be entitled to an immediate injunction and
restraining  order to prevent such breach and/or  threatened  breach and/or
continued  breach  by the  Executive  and/or  any  and all  persons  and/or
entities  acting for and/or  with the  Executive,  without  having to prove
damages,  in  addition  to any other  remedies  to which the  Company,  its
subsidiaries and/or its affiliates may be entitled at law or in equity. The
terms of this  paragraph  shall not prevent the Company,  its  subsidiaries
and/or its affiliates  from pursuing any other  available  remedies for any
breach or  threatened  breach  hereof,  including  but not  limited  to the
recovery  of damages  from the  Executive.  The  Executive  and the Company
further  agree  that the  provisions  of the  covenants  contained  in this
Section 9 are  reasonable  and  necessary to protect the  businesses of the
Company  Affiliated Group because of the Executive's access to Confidential
Information  and  his  material  participation  in the  operation  of  such
businesses.   Should  a  court,   arbitrator  or  other  similar  authority
determine,  however,  that any provision of the covenants contained in this
Section  9  are  not  reasonable  or  valid,  either  in  period  of  time,
geographical  area,  or  otherwise,  the  parties  hereto  agree  that such
covenants should be interpreted and enforced to the maximum extent to which
such court or arbitrator deems reasonable or valid.

          The  existence  of any claim or cause of action by the  Executive
against the Company and/or its subsidiaries and/or its affiliates,  whether
predicated on this  Agreement or otherwise,  shall not constitute a defense
to the  enforcement  by the  Company  of the  covenants  contained  in this
Section 9.

          10. Executive's  Representation.  The Executive represents to the
Company that the  Executive's  execution and  performance of this Agreement
does not violate any agreement or obligation  (whether or not written) that
the  Executive  has with or to any  person  or  entity  including,  but not
limited to, any prior employer.

          11. Indemnification.

               (a) To the extent  permitted by applicable  law, the Company
shall  indemnify  the  Executive  against,  and save and hold the Executive
harmless  from,  any damages,  liabilities,  losses,  judgments,  penalties
fines,  amounts  paid or to be paid in  settlement,  costs  and  reasonable
expenses  (including,  but not limited to,  attorneys'  fees and expenses),
resulting  from,  arising  out of or in  connection  with  any  threatened,
pending or completed claim,  action,  proceeding or investigation  (whether
civil or  criminal)  against or  affecting  the  Executive by reason of the
Executive's  service  from and  after  the  Effective  Date as an  officer,
director  or  employee  of, or  consultant  to, any  member of the  Company
Affiliated  Group,  or in any  capacity at the request of any member of the
Company Affiliated Group, or an officer,  director or employee thereof,  in
or with regard to any other  entity,  employee  benefit plan or  enterprise
(other than  arising out of the  Executive's  acts of  misappropriation  of
funds or actual  fraud).  In the event the Company does not  compromise  or
assume  the  defense  of any  indemnifiable  claim or  action  against  the
Executive,  the Company  shall  promptly pay to the Executive to the extent
permitted  by  applicable  law all costs  and  expenses  incurred  or to be
incurred  by the  Executive  in  defending  or  responding  to any claim or
investigation  in  advance  of the  final  disposition  thereof;  provided,
however, that if it is ultimately determined by a final judgment of a court
of competent  jurisdiction (from whose decision no appeals may be taken, or
the time for appeal  having  lapsed) that the Executive was not entitled to
indemnity  hereunder,  then the Executive shall repay forthwith all amounts
so advanced.  The Company may not agree to any  settlement or compromise of
any claim  against the  Executive,  other than a settlement  or  compromise
solely  for  monetary  damages  for  which  the  Company  shall  be  solely
responsible,  without the prior  written  consent of the  Executive,  which
consent shall not be unreasonably  withheld.  This right to indemnification
shall  be in  addition  to,  and  not  in  lieu  of,  any  other  right  to
indemnification  to which the Executive  shall be entitled  pursuant to the
Company's Certificate of Incorporation or By-laws or otherwise.

               (b)  Directors' and Officers'  Insurance.  The Company shall
use its best efforts to maintain  commercially  reasonable  directors'  and
officers' liability insurance during the Employment Term.

          12. Non-Waiver of Rights.  The failure to enforce at any time the
provisions of this  Agreement or to require at any time  performance by any
other party of any of the provisions hereof shall in no way be construed to
be a waiver of such  provisions  or to affect  either the  validity of this
Agreement or any part hereof, or the right of any party to enforce each and
every provision in accordance with its terms.

          13. Notices.  Every notice relating to this Agreement shall be in
writing and shall be given by personal delivery, by a reputable same-day or
overnight  courier service  (charges  prepaid),  by registered or certified
mail,  postage  prepaid,  return  receipt  requested or by facsimile to the
recipient with a  confirmation  copy to follow the next day to be delivered
by  personal  delivery  or by a reputable  same-day  or  overnight  courier
service to:

               If to the Company:  NTL Incorporated
                                   909 Third Avenue
                                   New York, New York 10022
                                   Attn:  Secretary
                                   Fax:  (212) 906-8497

               with a copy to:     NTL Incorporated
                                   Bartley Wood Business Park
                                   Hook, Hampshire RG27 9UP
                                   Attn: HR Director

               If to the Executive,  to the address most recently  provided
               by  the  Executive  to  the  Company  and  contained  in the
               Company's records

          14. Binding Effect/Assignment.  This Agreement shall inure to the
benefit  of and be binding  upon the  parties  hereto and their  respective
heirs, executors, personal representatives, estates, successors (including,
without  limitation,  by way of merger) and  assigns.  Notwithstanding  the
provisions of the immediately  preceding sentence,  the Executive shall not
assign  all or any  portion of this  Agreement  without  the prior  written
consent of the Company.

          15.  Entire  Agreement.  This  Agreement (as amended and restated
hereby),  the Restricted Stock Agreement and the agreements  evidencing the
Prior  Equity  Grants set forth the  entire  understanding  of the  parties
hereto with respect to the subject  matter  hereof and  supersede all prior
agreements,  written  or  oral,  between  them as to such  subject  matter,
including  the  agreement  between the  Executive  and the Company dated 25
February 2003, which shall be null and void.

          16.  Severability.  If any  provision of this  Agreement,  or any
application thereof to any circumstances,  is invalid, in whole or in part,
such provision or  application  shall to that extent be severable and shall
not affect other provisions or applications of this Agreement.

          17.  Governing  Law.  This  Agreement  shall be  governed  by and
construed in  accordance  with the internal  laws of the State of New York,
without  reference to any principles of conflict of laws which might result
in the application of the laws of any other jurisdiction.

          18. Modifications and Waivers. No provision of this Agreement may
be modified, altered or amended except by an instrument in writing executed
by the parties  hereto.  No waiver by any party hereto of any breach by any
other party hereto of any  provision  of this  Agreement to be performed by
such  other  party  shall be  deemed  a waiver  of  similar  or  dissimilar
provisions at the time or at any prior or subsequent time.

          19.  Headings.  The headings  contained herein are solely for the
purposes of reference,  are not part of this Agreement and shall not in any
way affect the meaning or interpretation of this Agreement.

          20.  Counterparts.  This Agreement may be executed in two or more
counterparts,  each of which shall be deemed to be an  original  but all of
which together shall constitute one and the same instrument.

<PAGE>

          IN WITNESS  WHEREOF,  the Company has caused this Agreement to be
executed by authority of the Executive Committee of the Board of Directors,
and the  Executive  has  hereunto  set his hand,  on the day and year first
above written.

                                   Company:
                                   -------

                                   NTL Incorporated

                                   By: /s/Bryan H. Hall
                                      -------------------------------------
                                      Bryan H. Hall
                                      Secretary

                                   Executive:
                                   ---------

                                   /s/James F. Mooney
                                   ----------------------------------------
                                   James F. Mooney

        [Signature Page to Amended & Restated Employment Agreement]

<PAGE>

                                EXHIBIT A-1

                 Terms of Additional Restricted Stock Grant

Date of Grant:  Effective as of the earliest practicable date following the
day on which the  Company's  2006 Stock  Incentive  Plan is approved by the
Company's stockholders and a Form S-8 with respect thereto is effective.

Shares of Restricted  Stock:  1,125,000 (this number takes into account the
conversion of shares in the merger).

Vesting Schedule: Each tranche of restricted stock vests as follows:

     Tranche 1 (375,000 shares) - in equal one-third  installments on April
30, 2007,  2008 and 2009,  subject to achievement of,  respectively,  2006,
2007 and 2008 annual performance milestones to be provided by the Executive
Committee of the Board;

     Tranche 2 (375,000 shares) - in equal one-third  installments on April
30, 2007, 2008 and 2009, subject to achievement of a list of objectives for
each of 2006, 2007 and 2008, respectively,  to be provided by the Executive
Committee of the Board; and

     Tranche 3 (375,000 shares) - on April 30, 2009, subject to achievement
of the Company's LTIP over the period 2006-2008.

Shares will be granted  under the 2006 Stock  Incentive  Plan (the "Plan").
Upon the  occurrence of an  "Acceleration  Event" (as defined in the Plan),
shares granted under Tranche 1 and Tranche 2 will vest  automatically on an
accelerated  basis.  Vesting of Tranche 3 will occur upon the occurrence of
an  Acceleration  Event as follows:  (i) if the  Acceleration  Event occurs
during the 2006 fiscal year,  125,000 shares will  automatically  vest, and
the  Compensation  Committee  or the  Board  of  Directors  will  have  the
discretion to vest all or any part of an additional 250,000 shares; (ii) if
the Acceleration  Event occurs during the 2007 fiscal year,  250,000 shares
will  automatically  vest, and the  Compensation  Committee or the Board of
Directors will have the discretion to vest all or any part of an additional
125,000 shares;  and (iii) if the Acceleration Event occurs during the 2008
fiscal year (or the 2009  fiscal year if the shares are then  outstanding),
375,000 shares will automatically vest.

The award will be evidenced by the Restricted  Stock  Agreement in the form
attached as Exhibit A-2.

During the Employment  Term,  the Executive  shall not sell or transfer any
shares of Restricted Stock,  except as may be necessary to pay income taxes
which are  incurred  as a result of  vesting  of such  Restricted  Stock as
further  provided in the Restricted  Stock  Agreement (but in no event more
than 45% of such vested shares).

<PAGE>

                                EXHIBIT A-2

                              NTL INCORPORATED
                         RESTRICTED STOCK AGREEMENT

     RESTRICTED STOCK AGREEMENT, dated as of 5 July 2006, between NTL
Incorporated, a Delaware corporation (the "Company"), and James Mooney (the
"Executive").

     WHEREAS, the Executive is employed by the Company under the Amended &
Restated Employment Agreement dated as of the date hereof (the "Employment
Agreement") and which has a term thereunder which expires on 30 April 2009
(such term, as may be extended by amendment of the Employment Agreement,
the "Term");

     WHEREAS, the Executive Committee of the Board of Directors of the
Company (the "Executive Committee") has reviewed and approved the terms of
this Agreement and the Employment Agreement;

     WHEREAS, the Company wishes to grant to the Executive, and the
Executive wishes to accept from the Company, shares of common stock of the
Company, par value $0.01 per share (the "Restricted Stock"), to be granted
pursuant to the NTL Incorporated 2006 Stock Incentive Plan (the "Plan");

     NOW, THEREFORE, the parties hereto agree as follows:

     1. Grant of Restricted Stock. The Company hereby grants to the
Executive, and the Executive hereby accepts from the Company, 1,125,000
shares of Restricted Stock on the terms and conditions set forth in this
Agreement. This Agreement is also subject to the terms and conditions set
forth in the Plan. Capitalized terms used but not defined herein shall have
the meanings set forth in the Plan.

     2. Rights of Executive. Except as otherwise provided in this
Agreement, the Executive shall be entitled, at all times on and after the
date that the shares of Restricted Stock are issued, to exercise all the
rights of a stockholder with respect to the shares of Restricted Stock
(whether or not the Transfer Restrictions thereon shall have lapsed),
including the right to vote the shares of Restricted Stock and the right,
subject to Section 6 hereof, to receive dividends thereon. Notwithstanding
the foregoing, prior to the "Release Date" (as defined in Section 4.1), the
Executive shall not be entitled to transfer, sell, pledge, hypothecate,
assign or otherwise dispose of or encumber, the shares of Restricted Stock
(collectively, the "Transfer Restrictions"), except that, as provided in
Section 4.1, the Executive may sell such number of shares as is reasonably
necessary to pay for any US federal or state income tax that may apply as a
result of vesting upon the occurrence of the relevant Lapse Date but in no
event more than 45% of such shares.

     3. Vesting and Lapse of Transfer Restrictions. The Transfer
Restrictions on the Restricted Stock shall lapse and the Restricted Stock
granted hereunder shall vest (in each case on April 30 of fiscal year
following the relevant fiscal year(s) specified below) as follows:

   (i)   Annual Budget. As to the number of shares set forth below if
         performance conditions relating to group cash flow and EBITDA
         established by the Executive Committee in respect of the Company's
         fiscal year shown below have been met, so long as the Executive
         has remained continuously employed by the Company from the date of
         commencement of his employment through December 31 of the relevant
         fiscal year shown below:

               No of Shares       Relevant Fiscal Year        Lapse Date
               ------------       --------------------        ----------

                 125,000                  2006              April 30, 2007

                 125,000                  2007              April 30, 2008

                 125,000                  2008              April 30, 2009

               Upon the occurrence of an Acceleration Event, the Transfer
               Restrictions on all of these shares of Restricted Stock
               which are then outstanding shall lapse and such shares of
               Restricted Stock shall vest.

   (ii)  Comprehensive List of Objectives. As to the number of shares set
         forth below if performance conditions relating to a comprehensive
         list of objectives established by the Executive Committee in
         respect of the Company's fiscal year below have been met, so long
         as the Executive has remained continuously employed by the Company
         from the date of commencement of his employment through December
         31 of the relevant fiscal year shown below:

               No of Shares       Relevant Fiscal Year        Lapse Date
               ------------       --------------------        ----------

                 125,000                  2006              April 30, 2007

                 125,000                  2007              April 30, 2008

                 125,000                  2008              April 30, 2009

               Upon the occurrence of an Acceleration Event, the Transfer
               Restrictions on all of these shares of Restricted Stock
               which are then outstanding shall lapse and such shares of
               Restricted Stock shall vest.

   (iii) LTIP. As to 375,000 shares if the long term performance conditions
         established by the Executive Committee in respect of the Company's
         2006-2008 fiscal years have been met, so long as the Executive has
         remained continuously employed by the Company from the date of
         commencement of his employment through December 31, 2008. In the
         event of the occurrence of an Acceleration Event, these shares of
         Restricted Stock shall vest as follows: (i) if the Acceleration
         Event occurs during the 2006 fiscal year, 125,000 shares will
         automatically vest, and the Committee or the Board will have the
         discretion to vest all or any part of an additional 250,000
         shares; (ii) if the Acceleration Event occurs during the 2007
         fiscal year, 250,000 shares will automatically vest, and the
         Committee or the Board will have the discretion to vest all or any
         part of an additional 125,000 shares; and (iii) if the
         Acceleration Event occurs during the 2008 fiscal year (or the 2009
         fiscal year, if prior to the date of the determination referred to
         in the immediately following paragraph), 375,000 shares will
         automatically vest.

The Committee shall meet to determine whether such performance conditions
have been met promptly after the completion by the Company of the financial
reports or other information in respect of an applicable fiscal year
necessary to make such determination. The restrictions on the shares of
Restricted Stock subject to this Section 3.1 shall lapse on the date that
the Committee determines that the applicable performance conditions have
been met in respect of an applicable fiscal year (such date, the "Lapse
Date"), and the shares of Restricted Stock shall be forfeited if the
Committee determines that such performance conditions have not been met. In
no event shall the date of such determination occur later than the last day
of the fiscal year immediately following the fiscal year to which the
performance conditions relate.

     4. Escrow and Delivery of Shares.

          4.1 Certificates representing the shares of Restricted Stock
shall be issued and held by the Company in escrow and shall remain in the
custody of the Company until the earliest of (i) the final Lapse Date
(April 30, 2009), (ii) the date of the Executive's termination of
employment with the Company and its Affiliates (other than by resignation)
and (iii) the date of vesting of the shares upon an Acceleration Event as
provided herein (the earliest of (i), (ii) and (iii), the "Release Date");
provided, that in connection with any Lapse Date, the Company shall deliver
to the Executive a sufficient number of shares that have become vested on
such Lapse Date with a value equal to the Withholding Tax requirements, if
any (but in no event more than 45% of such vested shares) (the "Withholding
Shares"). As soon as practicable after the Release Date, the shares of
Restricted Stock that have become vested pursuant to Section 3 hereof that
have not previously been delivered to the Executive shall be delivered to
the Executive or the Executive's estate, subject to the delivery of any
documents which the Company in its discretion may require as a condition to
the issuance of shares, and so long as the Executive has satisfied all
applicable Withholding Tax requirements with respect to the Restricted
Stock.

          4.2 The Executive shall receive, hold, sell, or otherwise dispose
of those shares delivered to the Executive pursuant to Section 4.1 free and
clear of the Transfer Restrictions, but subject to compliance with all
federal and state securities laws.

          4.3 Prior to the Release Date (or such earlier date that is
applicable to the Withholding Shares), each stock certificate shall bear a
legend in substantially the following form:

          "This certificate and the shares of stock represented hereby are
          subject to the terms and conditions (including forfeiture,
          restrictions against transfer and rights of repurchase, if
          applicable) contained in the Restricted Stock Agreement (the
          "Agreement") between the registered owner of the shares
          represented hereby and the Company. Release from such terms and
          conditions shall be made only in accordance with the provisions
          of the Agreement, a copy of which is on file in the office of the
          Secretary of NTL Incorporated."

     5. Effect of Termination of Employment for any Reason. Upon
termination of the Executive's employment with the Company and its
Affiliates, if applicable, for any reason, the Executive shall forfeit the
shares of Restricted Stock which are then subject to the Transfer
Restrictions, and, from and after such forfeiture, such shares of
Restricted Stock shall cease to be outstanding and the Executive shall have
no rights with respect thereto; provided, that, if the Executive's
employment shall terminate after the end of a fiscal year of the Company
and prior to the date of the determination as to whether the performance
conditions applicable to such fiscal year have been met, the shares of
Restricted Stock subject to vesting in respect of such fiscal year shall
remain outstanding following the termination of the Executive's employment
and shall vest or be forfeited when such determination is made, in either
case based on such determination; and provided, further, that the shares of
Restricted Stock shall be subject to vesting to the extent provided in the
Employment Agreement.

     6. Voting and Dividend Rights. All dividends declared and paid by the
Company on shares of Restricted Stock shall be deferred until the lapsing
of the Transfer Restrictions pursuant to Section 3 hereof (and shall be
subject to forfeiture upon forfeiture of the shares of Restricted Stock as
to which such deferred dividends relate). The deferred dividends shall be
held by the Company for the account of the Executive. Upon the Lapse Date,
the dividends allocable to the shares of Restricted Stock as to which the
Transfer Restrictions have lapsed shall be paid to the Executive (without
interest). The Company may require that the Executive invest any cash
dividends received in additional Restricted Stock which shall be subject to
the same conditions and restrictions as the Restricted Stock granted under
this Agreement.

     7. No Right to Continued Employment. Nothing in this Agreement shall
be interpreted or construed to confer upon the Executive any right with
respect to continuance of employment by the Company or any of its
Affiliates, nor shall this Agreement interfere in any way with the right of
the Company or any such Affiliate to terminate the Executive's employment
at any time.

     8. Withholding of Taxes. The Executive shall pay to the Company, or
the Company and the Executive shall agree on such other arrangements
necessary for the Executive to pay, the applicable federal, state and local
income taxes required by law to be withheld (the "Withholding Taxes"), if
any, upon the vesting and delivery of the shares. The Company shall have
the right to deduct from any payment of cash to the Executive an amount
equal to the Withholding Taxes in satisfaction of the Executive's
obligation to pay Withholding Taxes.

     9. Modification of Agreement. This Agreement may be modified, amended,
suspended or terminated, and any terms or conditions may be waived, but
only by a written instrument executed by the parties hereto.

     10. Severability. Should any provision of this Agreement be held by a
court of competent jurisdiction to be unenforceable or invalid for any
reason, the remaining provisions of this Agreement shall not be affected by
such holding and shall continue in full force and effect in accordance with
their terms.

     11. Governing Law. The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the State of
New York without giving effect to the conflicts of laws principles thereof.

     12. Successors in Interest; Transfer. This Agreement shall inure to
the benefit of and be binding upon any successor to the Company. This
Agreement shall inure to the benefit of the Executive's heirs, executors,
administrators and successors. All obligations imposed upon the Executive
and all rights granted to the Company under this Agreement shall be binding
upon the Executive's heirs, executors, administrators and successors. This
Agreement is not assignable by the Executive.

            [The remainder of this page is intentionally blank.]

<PAGE>

                                        NTL INCORPORATED

                                        /s/Bryan H. Hall
                                        ------------------------------------

                                        Name:   Bryan H. Hall
                                                ----------------------------
                                        Title:  Secretary
                                                ----------------------------

/s/James F. Mooney
----------------------------------
                ExecutiveEXHIBIT 10.1

FIRST AMENDMENT TO MASTER LEASE AGREEMENT

THIS FIRST AMENDMENT TO MASTER LEASE AGREEMENT (this "First Amendment") is entered into as of June 30, 2006 by and among (i) HRES1 PROPERTIES TRUST, a Maryland real estate investment trust, as landlord ("Landlord"), and (ii) FS PATRIOT LLC and FS COMMONWEALTH LLC, each a Maryland limited liability company, jointly and severally, as tenant ("Tenant").

W I T N E S S E T H :

WHEREAS, Landlord and Tenant are parties to that certain Master Lease Agreement dated as of March 3, 2006 (the "Lease"); and

WHEREAS, Landlord and Tenant wish to amend the Lease to clarify and amend certain terms thereof; 

NOW, THEREFORE, in consideration of the foregoing and for other consideration, the mutual receipt and legal sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows:

1.     Section 2.5(i) of the Lease is hereby amended by deleting the date "June 30, 2006" and inserting the date "July 31, 2006" in its place.

2.     Section 3.1(d) of the Lease is hereby amended by deleting the Year "2008" wherever it appears and inserting the Year "2011" in its place.

3.     Section 5.3 of the Lease is hereby amended by inserting the following new paragraph at the end thereof:

It is expressly understood and agreed that any transfer pursuant to Section 5.3 or any other section of this Agreement is a transfer of ownership of the Facilities but not a transfer of the right, title and interest related to licenses granted by the Massachusetts Department of Public Health to operate the Facilities or any other permit, license or certification used in the operation of the Facilities.  Any change in licensee shall be subject, in all events, to 

 

 

 

 

 

the approval of each and every applicable Government Agency, including, without limitation, the Massachusetts Department of Public Health, and Applicable Law, Tenant being obligated to cooperate in and facilitate such approval process.

4.     As amended hereby, the Lease is hereby ratified and confirmed.

[signature page follows]

 

- 2 -

 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this First Amendment under seal as of the date first written above.

LANDLORD:

HRES1 PROPERTIES TRUST

 

By: /s/ John R. Hoadley

John R. Hoadley, Treasurer

 

TENANT:

 

FS PATRIOT LLC

By: /s/ Bruce J. Mackey

Bruce J. Mackey, Treasurer

 

FS COMMONWEALTH LLC

By: /s/ Bruce J. Mackey

Bruce J. Mackey, Treasurer

 

 

- 3 -

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