Document:

exv10w10

Exhibit 10.10

TIME SHARING AGREEMENT

     THIS TIME SHARING AGREEMENT is entered into effective as of the date set forth in Section 13
below by and between DOLAN FAMILY OFFICE, LLC, a New York limited liability company with an address
at 340 Crossways Drive, Woodbury, New York 11771 (“Lessor”), and RAINBOW MEDIA HOLDINGS LLC, a
Delaware limited liability company with an address at 11 Penn Plaza, New York, New York 10001
(“Lessee”).

W I T N E S S E T H:

     WHEREAS, Lessor is a sublessee and an operator of a Gulfstream Aerospace GIV-SP aircraft,
manufacturer’s serial number 1313, United States registration N100DF (the “Aircraft”); and

     WHEREAS, Lessor employs or engages a fully-qualified and credentialed flight crew to operate
the Aircraft; and

     WHEREAS, Lessor has agreed to lease the Aircraft, with flight crew, to Lessee on a “time
sharing” basis as defined in Section 91.501(c)(1) of the Federal Aviation Regulations (“FAR”) upon
the terms and subject to the conditions set forth herein;

     NOW, THEREFORE, in consideration of the foregoing premises, and the covenants and agreements
set forth herein, and for other good and valuable consideration, the receipt and sufficiency of
which are acknowledged, Lessor and Lessee, intending to be legally bound, hereby agree as follows:

     1. Lease of Aircraft. Lessor agrees to lease the Aircraft to Lessee pursuant to the
provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide
a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the
Term (as defined in Section 13) hereof. Lessee shall use the Aircraft pursuant to this Agreement
solely for flights conducted for business purposes of Lessee or its parent company or subsidiaries.
The parties acknowledge and agree that this Agreement did not result in any way from any direct or
indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly
acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by
this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation
services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

     2. Payment for Use of Aircraft. Lessee shall pay Lessor the following actual expenses
of each flight conducted under this Agreement, not to exceed the maximum amount

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legally payable for such flight under FAR Section 91.501(d)(1)-(10):

	 	(a)	 	fuel, oil, lubricants and other additives;
	 
	 	(b)	 	travel expenses of crew, including food,
lodging and ground transportation;
	 
	 	(c)	 	hangar and tie-down costs away from the
Aircraft’s base of operation;
	 
	 	(d)	 	additional insurance obtained for the specific
flight at the request of Lessee;
	 
	 	(e)	 	landing fees, airport taxes and similar
assessments;
	 
	 	(f)	 	customs, foreign permit and similar fees
directly related to the flight;
	 
	 	(g)	 	in-flight food and beverages;
	 
	 	(h)	 	passenger ground transportation;
	 
	 	(i)	 	flight planning and weather contract services;
and
	 
	 	(i)	 	an additional charge equal to 100% of the
expenses listed in Section 2(a).

     3. Operational Control of Aircraft. Lessor and Lessee intend and agree that on all
flights conducted under this Agreement, Lessor shall have complete and exclusive operational
control over the Aircraft, its flight crews and maintenance, and complete and exclusive possession,
command and control of the Aircraft. Lessor shall have complete and exclusive responsibility for
scheduling, dispatching and flight following of the Aircraft on all flights conducted under this
Agreement, which responsibility includes the sole and exclusive right over initiating, conducting
and terminating such flights. Lessee shall have no responsibility for scheduling, dispatching or
flight following on any flight conducted under this Agreement, nor any right over initiating,
conducting or terminating any such flight. Nothing in this Agreement is intended or shall be
construed so as to convey to Lessee any operational control over, or possession, command and
control of, the Aircraft, all of which are expressly retained by Lessor.

     4. Scheduling.

     (a) Lessee will provide Lessor with requests for flight time and proposed

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flight schedules as far in advance of any given flight as possible. The designated authorized
representative(s) of Lessee shall submit scheduling requests under this Agreement to the designated
authorized representative(s) of Lessor. Requests for flight time shall be in such form (whether
oral or written) mutually convenient to, and agreed upon by, the parties. In addition to proposed
schedules and flight times, Lessee shall upon request provide Lessor with the following information
for each proposed flight prior to scheduled departure: (i) proposed departure point; (ii)
destination; (iii) date and time of flight; (iv) the number of anticipated passengers; (v) the
nature and extent of luggage to be carried; (vi) the date and time of a return flight, if any; and
(vii) any other pertinent information concerning the proposed flight that Lessor or the flight crew
may request.

     (b) Subject to Aircraft and crew availability, Lessor shall use its good faith efforts,
consistent with Lessor’s approved policies, in order to accommodate the needs of Lessee, to avoid
conflicts in scheduling, and to enable Lessee to enjoy the benefits of this Agreement; however,
Lessee acknowledges and agrees that notwithstanding anything in this Agreement to the contrary, (i)
Lessor shall have sole and exclusive final authority over the scheduling of the Aircraft; and (ii)
the needs of Lessor for the Aircraft shall take precedence over Lessee’s rights and Lessor’s
obligations under this Agreement.

     (c) Although every good faith effort shall be made to avoid its occurrence, any flight
scheduled under this Agreement is subject to cancellation by either party without incurring
liability to the other party. In the event that cancellation is necessary, the canceling party
shall provide the maximum notice practicable.

     5. Billing. Lessor shall pay all expenses relating to the operation of the Aircraft
under this Agreement on a monthly basis. As soon as possible after the end of each monthly period
during the Term, Lessor shall provide to Lessee an invoice showing all use of the Aircraft by
Lessee under this Agreement during that month and a complete accounting detailing all amounts
payable by Lessee pursuant to Section 2 for that month, including such detail supporting all
expenses paid or incurred by Lessor for which reimbursement is sought as Lessee may reasonably
request. Lessee shall pay all amounts due to Lessor under this Section 5 not later than 30 days
after receipt of the invoice therefor.

     6. Maintenance of Aircraft. Lessor shall be solely responsible for securing
maintenance, preventive maintenance and inspections of the Aircraft (utilizing an inspection
program listed in FAR Section 91.409(f)), and shall take such requirements into account in
scheduling the Aircraft hereunder.

     7. Flight Crew.

     (a) Lessor shall employ or engage and pay all salaries, benefits and and/or compensation for a
fully-qualified flight crew with appropriate credentials to conduct each flight

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undertaken under this Agreement. Lessor may use temporary flight crewmembers for a flight
under this Agreement only if any such temporary crewmember is FlightSafety (or SimuFlite) trained,
is current on the Aircraft and satisfies all of the requirements and conditions under the insurance
coverage for the Aircraft. All flight crewmembers shall be included on any insurance policies that
Lessor is required to maintain hereunder.

     (b) The qualified flight crew provided by Lessor shall exercise all of its duties and
responsibilities with regard to the safety of each flight conducted hereunder in accordance with
applicable FAR’s. The Aircraft shall be operated under the standards and policies established by
Lessor. Final authority to initiate or terminate each flight, and otherwise to decide all matters
relating to the safety of any given flight or requested flight, shall rest with the
pilot-in-command of that flight. The flight crew may, in its sole discretion, terminate any
flight, refuse to commence any flight, or take any other action that, in the judgment of the
pilot-in-command, is necessitated by considerations of safety. No such termination or refusal to
commence by the pilot-in-command shall create or support any liability for loss, injury, damage or
delay in favor of Lessee or any other person. Lessor shall not be liable to Lessee or any other
person for loss, injury or damage occasioned by the delay or failure to furnish the Aircraft and
flight crew pursuant to this Agreement for any reason.

     8. Insurance.

     (a) At all times during the Term of this Agreement, Lessor shall maintain at its sole cost and
expense (i) comprehensive aircraft liability insurance against bodily injury and property damage
claims, including, without limitation, contractual liability, premises liability, personal injury
liability, and passenger legal liability coverage, in an amount not less than $200,000,000 for each
occurrence, and (ii) hull insurance for the full replacement cost of the aircraft.

     (b) Any policies of hull and liability insurance carried in accordance with this Section 8 and
any policies taken out in substitution or replacement of any such policies (i) shall name Lessee
and its affiliates and their respective officers, directors, members, managers, employees, agents,
licensees, servants and guests as additional insured; (ii) shall provide for 30 days written notice
to Lessee by such insurer of cancellation, change, non-renewal or reduction (seven days in the case
of war risk and allied perils coverage or such shorter period as is customarily available in the
industry); and (iii) shall permit the use of the Aircraft by Lessor for compensation or hire to
the extent permitted under applicable law. Each such policy shall be primary insurance, not
subject to any co-insurance clause and shall be without right of contribution from any other
insurance.

     (c) Lessor shall use reasonable commercial efforts to provide such additional insurance
coverage for specific flights under this Agreement, if any, as Lessee may request in writing.
Lessee also acknowledges that any trips scheduled to the European Union may require Lessor to
purchase additional insurance to comply with local regulations. The cost of all additional
flight-specific insurance shall be borne by Lessee as set forth in Section 2(d) hereof.

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     (d) Each party agrees that it will not do any act or voluntarily suffer or permit any act to
be done whereby any insurance required hereunder shall or may be suspended, impaired or defeated.
In no event shall Lessor suffer or permit the Aircraft to be used or operated under this Agreement
without such insurance being fully in effect.

     (e) Lessor shall ensure that worker’s compensation insurance with all-states coverage is
provided for the Aircraft’s crew and maintenance personnel.

     (f) Lessor shall deliver certificates of insurance to Lessee with respect to the insurance
required or permitted to be provided by it hereunder not later than the first flight of the
Aircraft under this Agreement and upon the renewal date of each policy.

     9. Taxes. Lessee shall be responsible for paying, and Lessor shall be responsible for
collecting from Lessee and paying over to the appropriate authorities, all applicable Federal
transportation taxes and sales, use or other excise taxes imposed by any governmental authority in
connection with any use of the Aircraft by Lessee hereunder. Each party shall indemnify the other
party against any and all claims, liabilities, costs and expenses (including attorney’s fees as and
when incurred) arising out of its breach of this undertaking.

     10. Lessee’s Representations and Warranties. Lessee represents and warrants that:

     (a) It will not use the Aircraft for the purposes of providing transportation of
passengers or cargo in air commerce for compensation or hire or for common carriage.

     (b) It shall refrain from incurring any mechanic’s or other liens in connection with
inspection, preventive maintenance, maintenance or storage of the Aircraft, and shall not attempt
to convey, mortgage, assign, lease or in any way alienate the Aircraft or create any kind of lien
or security interest involving the Aircraft or do anything or take any action that might mature
into such a lien.

     (c) It shall not lien or otherwise encumber or create or place any lien or other
encumbrance of any kind whatsoever, on or against the Aircraft for any reason. It also will ensure
that no liens or encumbrances of any kind whatsoever are created or placed against the Aircraft for
claims against Lessee or by Lessee.

     (d) It will abide by and conform to all laws, governmental and airport orders,

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rules and regulations, as shall be imposed upon the lessee of an aircraft under a time sharing
agreement and applicable company policies of Lessor.

     11. Lessor’s Representations and Warranties. Lessor represents and warrants that it
will abide by and conform to all such laws, governmental and airport orders, rules and regulations,
as shall from time to time be in effect relating in any way to the operation and use of the
Aircraft pursuant to this Agreement.

     12. Disclaimer of Warranties. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, LESSOR
HAS MADE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THE AIRCRAFT,
INCLUDING ANY WITH RESPECT TO ITS CONDITION, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE.
IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY OR TO ANY OTHER PERSON FOR ANY
INCIDENTIAL, CONSEQUENTIAL OR SPECIAL DAMAGES, HOWEVER ARISING.

     13. Term. The term of this Agreement (the “Term”) shall commence on the effective
date of the contemplated “spin-off” of AMC Networks Inc., the parent company of Lessee, as a
separate public company (and shall not become effective if such spin-off does not occur in 2011).
Unless sooner terminated in accordance with the provisions hereof , this Agreement shall remain in
full force in effect for an initial term of one year and thereafter shall automatically renew for
successive one-year terms. Notwithstanding the foregoing, either party shall have the right to
terminate this Agreement for any reason or no reason by written notice given to the other party not
less than 30 days prior to the proposed termination date.

     14. Limitation of Liability. Lessee, for itself and on behalf of its agents, guests,
invitees, licensees, servants and employees, covenants and agrees that the insurance described in
Section 8 hereof shall be the sole recourse for any and all liabilities, claims, demands, suits,
causes of action, losses, penalties, fines, expenses or damages, including attorneys fees, court
costs and witness fees attributable to the use, operation or maintenance of the Aircraft pursuant
to this Agreement or performance of or failure to perform any obligation under this Agreement.

     15. Relationship of Parties. Lessor is strictly an independent contractor
lessor/provider of transportation services with respect to Lessee. Nothing in this Agreement is
intended, nor shall it be construed so as, to constitute the parties as partners or joint venturers
or principal and agent. All persons furnished by Lessor for the performance of the operations and
activities contemplated by this Agreement shall at all times and for all purposes be considered
Lessor’s employees or agents.

     16. Governing Law; Severability. This Agreement shall be governed by and interpreted
in accordance with the laws of the State of New York, without regard to its choice of

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law rules. If any provision of this Agreement conflicts with any statute or rule of law of the
State of New York, or is otherwise unenforceable, such provision shall be deemed null and void only
the extent of such conflict or unenforceability, and shall be deemed separate from, and shall not
invalidate, any other provision of this Agreement.

     17. Amendment. This Agreement may not be amended, supplemented, modified or
terminated, or any of its terms varied, except by an agreement in writing signed by each of the
parties hereto.

     18. Counterparts. This Time Sharing Agreement may be executed in counterparts, each
of which shall, for all purposes, be deemed an original and all such counterparts, taken together,
shall constitute one and the same agreement, even though all parties may not have executed the same
counterpart. Each party may transmit its signature by Portable Document Format (“PDF”) or
confirmed facsimile, and such signature shall have the same force and effect as an original
signature.

     19. Successors and Assigns. This Time Sharing Agreement shall be binding upon the
parties hereto, and their respective heirs, executors, administrators, other legal representatives,
successors and assigns, and shall inure to the benefit of the parties hereto, and, except as
otherwise provided herein, to their respective heirs, executors, administrators, other legal
representatives, successors and permitted assigns. Lessee agrees that it shall not sublease,
assign, transfer, pledge or hypothecate this Agreement or any part hereof (including any assignment
or transfer pursuant to or as a part of any merger, consolidation or transfer of assets) without
the prior written consent of Lessor, which may be given or withheld by Lessor in its sole and
absolute discretion.

     20. Notices. All notices or other communications delivered or given under this
Agreement shall be in writing and shall be deemed to have been duly given if hand-delivered, sent
by certified or registered mail, return receipt requested, nationally-utilized overnight delivery
service, PDF or confirmed facsimile transmission, as the case may be. Such notices shall be
addressed to the parties at the addresses set forth above, or to such other address as may be
designated by any party in a writing delivered to the other in the manner set forth in this Section
20. In the case of notices to Lessee, a copy of each such notice shall be sent to Rainbow Media
Holdings LLC, 11 Penn Plaza, New York, New York 10001, attention: Jamie Gallagher, EVP & General
Counsel, fax: (646) 273-3789. Notices sent by certified or registered mail shall be deemed received
three business days after being mailed. All other notices shall be deemed received on the date
delivered. Routine communications may be made by e-mail or fax to the addresses set forth therein.

     21. Truth-in-Leasing Compliance. Lessor, on behalf of the Lessee, shall (i) mail a
copy of this Agreement to the Aircraft Registration Branch, Technical Section, of the FAA

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in Oklahoma City within 24 hours of its execution; (ii) notify the Farmingdale Flight Standards
District Office at least 48 hours prior to the first flight of the Aircraft under this Agreement of
the registration number of the Aircraft, and the location of the airport of departure and departure
time of the first flight; and (iii) carry a copy of this Agreement onboard the Aircraft at all
times when the Aircraft is being operated under this Agreement.

	     22.	 	TRUTH IN LEASING STATEMENT UNDER FAR SECTION 91.23:

     (A) LESSOR HEREBY CERTIFIES THAT THE AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART
91 DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF EXECUTION OF THIS AGREEMENT. THE AIRCRAFT WILL
BE MAINTAINED AND INSPECTED IN COMPLIANCE WITH THE MAINTENANCE AND INSPECTION REQUIREMENTS OF FAR
PART 91 FOR ALL OPERATIONS TO BE CONDUCTED UNDER THIS AGREEMENT.

     (B) DOLAN FAMILY OFFICE, LLC, WITH AN ADDRESS AT 340 CROSSWAYS DRIVE, WOODBURY, NEW YORK
11771, HEREBY CERTIFIES THAT IT IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT FOR ALL
OPERATIONS UNDER THIS AGREEMENT.

     (C) EACH PARTY HEREBY CERTIFIES THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH
APPLICABLE FEDERAL AVIATION REGULATIONS.

     (D) THE PARTIES UNDERSTAND THAT AN EXPLANATION OF THE FACTORS BEARING ON OPERATIONAL CONTROL
AND THE PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT
STANDARDS DISTRICT OFFICE.

(signature page follows)

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          IN WITNESS WHEREOF, Lessor and Lessee have executed this Time Sharing Agreement effective as
of the date first above written.

	 	 	 	 	 	 	 

	 	 	LESSOR:	 	 
	 
	 	 	 	 	 	 
	 	 	DOLAN FAMILY OFFICE, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name: 

	 	 
	 

	 	 	 	Title:  
	 	 
	 
	 	 	 	 	 	 
	 	 	LESSEE:	 	 
	 
	 	 	 	 	 	 
	 	 	RAINBOW MEDIA HOLDINGS LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:  

	 	 
	 

	 	 	 	Title:  
	 	 

9exv10w11

Exhibit 10.11

AIRCRAFT DRY LEASE AGREEMENT

     THIS AIRCRAFT DRY LEASE AGREEMENT is entered into effective as of the date set forth in
Section 12 below, by and between NEW YORK AIRCAM CORP., a New York corporation with an address at
340 Crossways Park Drive, Woodbury, New York 11797 (“Lessor”), and RAINBOW MEDIA HOLDINGS LLC, a
Delaware limited liability company with a place of business at 11 Penn Plaza, New York, New York
10001 (“Lessee”).

W I T N E S S E T H:

     WHEREAS, Lessor is the owner of a Cessna Model 501 aircraft, manufacturer’s serial number
501-0038, United States registration N501JG (the “Aircraft”); and

     WHEREAS, the parties have agreed that Lessor shall lease the Aircraft to Lessee on a
non-exclusive basis for use by Lessee upon the terms and subject to the conditions set forth
herein.

     NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants,
agreements, representations and warranties set forth herein, and for other good and valuable
consideration, the receipt and sufficiency of which hereby are acknowledged, Lessor and Lessee,
intending to be legally bound, agree as follows:

     1. Lease of Aircraft.

          (a) This Lease sets forth the exclusive terms and conditions under which Lessee is entitled to
use the Aircraft, and Lessee shall have no right to use the Aircraft except as expressly set forth
herein. Lessee shall use the Aircraft pursuant to this Lease solely for flights conducted for
business purposes of Lessee or its parent company or subsidiaries. Lessor shall lease the
Aircraft to Lessee, and Lessee shall lease the Aircraft from Lessor, during all Lease Periods
throughout the Term (as defined in Section 12) of this Lease as provided hereunder. “Lease
Periods” shall mean those times, if any, when the Aircraft is being utilized by Lessee hereunder,
with the consent of Lessor as provided in Section 1(e), for flight operations conducted by Lessee
under Part 91 of the Federal Aviation Regulations, including any deadhead, ferry or repositioning
flights to return the Aircraft to the airport at which the Lease Period commenced or to pick up
Lessee’s passengers at a remote location away from Republic Airport, Farmingdale, New York (FRG),
but excluding any deadhead, ferry and repositioning flights described in Section 1(b) below
(“Lessee Flights”). Lessee’s right to use the Aircraft hereunder during the Term shall be
non-exclusive and is subject in all respects to Lessor’s right to use the Aircraft at all times
during the Term other than during such Lease Periods under its exclusive operational control and
possession, command and control and Lessor’s right to permit other non-exclusive lessees to use the
Aircraft under their operational control and possession, command and control. Lessor acknowledges
and agrees that Lessee has entered into an Aircraft Management Agreement with CSC Transport, Inc.
pursuant to which CSC Transport, Inc. provides certain aircraft management services to support
Lessee’s operation of the Aircraft under its operational control during Lease Periods.

 

 

          (b) Notwithstanding the foregoing, the parties agree that if a trip by Lessee causes or will
cause the Aircraft to be at a remote location away from FRG (“Lessee’s Location”), Lessee shall, at
Lessor’s request, permit the Aircraft to be relocated from Lessee’s Location to FRG or other
location designated by Lessor (and thereafter shall be returned to Lessee’s Location) if Lessor
requires use of the Aircraft for one of its affiliated non-exclusive lessees, but only if such
itinerary will not unreasonably delay or interfere with any scheduled flight by Lessee. In that
event, (i) Lessee’s then-current Lease Period shall terminate effective as of initial engine
start-up for the departure flight from Lessee’s Location; (ii) Lessor or its affiliated
non-exclusive lessee shall pay all costs incurred during the period in which the Aircraft is away
from Lessee’s Location, including all occupied and deadhead legs to ferry the Aircraft from
Lessee’s Location and back; and (iii) a new Lease Period shall begin effective as of final engine
shut-down upon return of the Aircraft to Lessee’s Location.

          (c) Transfer of the Aircraft from Lessor to Lessee to commence a Lease Period hereunder, and
transfer of the Aircraft from Lessee to Lessor to terminate a Lease Period hereunder, shall be
evidenced by the entry of appropriate notations of such transfer on the Aircraft’s logs. Upon the
commencement or termination of any Lease Period hereunder, the party transferring possession of the
Aircraft shall deliver the Aircraft to the other party at FRG or such other location as the parties
may agree. In the case of a transfer of possession from Lessee to Lessor, the Aircraft shall be in
at least the same operating condition, order, repair and condition as when received by Lessee at
the commencement of the Lease Period, reasonable wear and tear excepted.

          (d) Subject to Aircraft and crew availability, Lessor shall use its good faith efforts,
consistent with Lessor’s approved policies, in order to accommodate the needs of Lessee, to avoid
conflicts in scheduling with Lessor’s affiliated non-exclusive lessees’ use of the Aircraft, and to
enable Lessee to enjoy the benefits of this Agreement; however, Lessee acknowledges and agrees that
notwithstanding anything in this Agreement to the contrary, Lessor shall have sole and exclusive
final authority over the scheduling of the Aircraft and Lessor’s other affiliated non-exclusive
lessees’ needs for the Aircraft shall take precedence over Lessee’s rights and Lessor’s obligations
under this Agreement.

          (e) Lessee shall use its best efforts to give Lessor as much notice as possible of Lessee’s
proposed utilization hereunder. If Lessee notifies Lessor pursuant to Section 14 of Lessee’s
proposed use of the Aircraft and Lessor consents thereto, the period described in such notice of
proposed use may be scheduled by Lessee (unless such intended use is cancelled by Lessee by like
notice to Lessor). Notwithstanding anything herein to the contrary, all Lessee Flights approved by
Lessor and scheduled by Lessee are subject to the absolute right of Lessor to revoke such approval
at any time prior to 24 hours before the scheduled departure of the initial flight of the approved
itinerary, without liability, upon notice to Lessee. Any notice under this Section 1(e) may be
either written or oral, but shall be given only to or by individuals designated by each party from
time to time as authorized to act on its behalf for purposes of this Section 1(e).

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     2. Rent.

          (a) Lessee shall remit to Lessor the sum per block hour set forth on Schedule 1 hereto from
time to time as rent for the use of the Aircraft by Lessee during each Lease Period hereunder. For
this purpose, a “block hour” shall be measured in hours and tenths of hours from the time the
Aircraft moves for purposes of flight at the departure airport to the time the Aircraft comes to
stop at the arrival airport. Lessee’s obligation to pay rent is limited to block hours during any
Lease Period.

          (b) Not later than 30 days after the end of each calendar month during the Term in which
Lessee utilized the Aircraft under this Agreement, Lessee shall provide to Lessor a statement
showing all use of the Aircraft during Lease Periods during that month, and a complete accounting
detailing any rent due from Lessee for that month. Notwithstanding anything in this Agreement to
the contrary, Lessee shall have no obligation to utilize the Aircraft hereunder, and there shall be
no rent payable to Lessor hereunder with respect to any calendar month if Lessee does not use the
Aircraft hereunder during such month. All payments of rent due for any calendar month shall be made
at Lessor’s address set forth above or at such other place as Lessor may designate to Lessee from
time to time, not later than the 30th day of the following month.

     3. Expenses. Lessor shall pay the entire cost of insuring and maintaining the Aircraft
during the Term. Lessee shall pay the following costs of operating the Aircraft during Lease
Periods under this Lease:

	 	(a)	 	fuel, oil, lubricants and other additives;
	 
	 	(b)	 	travel expenses of crew, including food,
lodging and ground transportation;
	 
	 	(c)	 	hangar and tie-down costs away from the
Aircraft’s base of operation;
	 
	 	(d)	 	additional insurance obtained for the specific
flight at the request of Lessee;
	 
	 	(e)	 	landing fees, airport taxes and similar
assessments;
	 
	 	(f)	 	customs, foreign permit and similar fees
directly related to the flight;
	 
	 	(g)	 	in-flight food and beverages;
	 
	 	(h)	 	passenger ground transportation;
	 
	 	(i)	 	flight planning and weather contract services;
and

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	 	(j)	 	flight crew.

     4. Flight Crew.

          (a) Lessee shall obtain at its sole cost and expense the services of fully qualified and
properly certificated flight crew to operate the Aircraft under this Lease. All flight crew
provided by Lessee to operate the Aircraft during any Lease Period hereunder shall be employees or
contractors of Lessee, and Lessee shall be solely responsible for their compensation. Lessor shall
have the right to review and approve the credentials and work experience of any flight crewmembers
selected by Lessee to operate the Aircraft hereunder. If any such crewmember’s credentials or work
experience are unsatisfactory to Lessor in its sole and absolute discretion, Lessee, upon notice to
that effect from Lessor, shall immediately replace such crew member with another flight crew member
acceptable to Lessor.

          (b) Only fully-qualified and properly-credentialed flight crews who are included under the
insurance coverage required to be maintained hereunder shall be permitted to operate the Aircraft
during any Lease Period. All flight crew utilized by Lessee hereunder shall comply with all
applicable regulations, and the requirements of all applicable operations and maintenance manuals.
Lessor shall have no obligation to pay any portion of the cost of initial and recurrent training of
the flight crewmembers.

     5. Operational Control; Operations.

          (a) Lessor and Lessee intend that the lease of the Aircraft effected hereby shall be treated
as a “dry lease”. Notwithstanding anything in this Lease to the contrary, Lessee shall have
complete and exclusive operational control, and complete and exclusive possession, command and
control, of the Aircraft for all flights during each Lease Period under this Lease. Lessee shall
have complete and absolute control of the crewmembers in preparation for and in connection with the
operation of all flights during each Lease Period under this Lease. Lessee shall have complete and
exclusive responsibility for scheduling, dispatching and flight following of the Aircraft on all
flights conducted during Lease Periods under this Lease, which responsibility includes the sole and
exclusive right over initiating, conducting and terminating any such flights. Lessee shall have no
operational control over, nor any responsibility for scheduling, dispatching or flight following
of, any flights of the Aircraft not conducted during Lease Periods under this Lease, nor any right
over initiating, conducting or terminating any such flights.

          (b) Lessee shall use and operate the Aircraft under this Lease only in accordance with
applicable manufacturers’ recommendations and airport and climatic conditions. Lessee shall not
permit the Aircraft to be maintained, used or operated in violation of any law, rule, regulation,
ordinance or order of any governmental authority having jurisdiction, or in violation of any
airworthiness certificate, license or registration relating to the Aircraft.

     6. Regulatory. Lessee shall obtain and maintain in full force and effect any
necessary certificates, licenses, permits and authorizations required for its use and operation of

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the Aircraft hereunder. Lessee agrees to conduct all operations contemplated by this Lease in
compliance with all applicable provisions of the Federal Aviation Regulations, including, but not
limited to, Part 91 thereof.

     7. Records. Lessee shall maintain (or cause to be maintained) any records required by
applicable laws, rules or regulations in connection with the operation of the Aircraft during any
Lease Period hereunder. Without limiting the generality of the foregoing, Lessee shall maintain or
cause to be maintained flight log books showing the full flight time of the Aircraft during each
Lease Period hereunder, and shall keep such logs available for inspection by Lessor or its
representatives at all reasonable times. Lessor shall be entitled to access, upon reasonable
notice to Lessee, to inspect any books or records of Lessee that relate to the Aircraft.

     8. Base; Hangarage. Lessor agrees to provide (or cause to be provided) hangar space
for the Aircraft at FRG during the Term. While the Aircraft is at its home base, the Aircraft
shall be kept in an enclosed hangar space at all times overnight, which hangar space shall be
heated as required during cold weather for the proper maintenance, security and appearance of the
Aircraft. Lessee shall pay the cost of hangaring the Aircraft at remote locations during any Lease
Periods hereunder.

     9. Insurance. Lessor shall cause the Aircraft to be insured, at its sole cost and
expense, in accordance with the requirements of Section 9.1 and Section 9.2(a)-(f) of the Aircraft
Management Agreement dated July 8, 2010 among CSC Transport, Inc., Lessor and Patrick F. Dolan (the
“Aircraft Management Agreement”). In addition, Lessee and its affiliates and each of their
respective members, managers, shareholders, officers, directors, partners, employees, agents,
licensees and guests shall be designated as additional insureds (without responsibility for
premiums) with respect to all such insurance. From time to time during the Term, Lessor shall,
upon the request of Lessee, cause its insurer to provide Lessee with certificates of insurance or
other evidence reasonably satisfactory to Lessee that the insurance coverage required to be
furnished by Lessor hereunder is in effect.

     10. Maintenance. Lessor shall, at its sole cost and expense, (i) enroll or cause the
Aircraft to be enrolled on an FAA-approved or manufacturer-approved maintenance and inspection
program under Part 91 of the FAR’s, and (ii) maintain or cause the Aircraft to be maintained in
accordance with the requirements of the approved maintenance and inspection
program and all applicable FAA regulations. Lessor represents and warrants that at all times
during the Term of this Agreement, the Aircraft will be in airworthy condition and current on the
approved maintenance program.

     11. Default. In addition to the termination rights set forth in Section 12, the
non-defaulting party shall have the right to terminate this Lease immediately (without prejudice to
any other rights that such party may have) upon written notice to the defaulting party in the event
of any one or more of the following Events of Default:

5

 

               (i) failure of the defaulting party to make payments due hereunder within ten days following
notice from the non-defaulting party that such payment was not timely made when due;

               (ii) except
as provided in Section 11(iii)-(vii), violation or default of any material term,
obligation or condition of a non-monetary nature set forth in this Lease, together with a failure
to cure within ten days after receipt of written notice of such violation;

               (iii) if Lessee operates or maintains the Aircraft in violation of any law, regulation,
directive or order of any governmental authority or in violation of any provision of any insurance
policy contemplated by this Lease;

               (iv) if any representation or warranty made in this Lease by Lessee is or becomes false,
misleading or incorrect in any material respect;

               (v) lapse of insurance coverage required to be kept in force hereunder;

               (vi) if Lessee or Lessor shall make a general assignment for the benefit of creditors, or be
declared insolvent or bankrupt under any bankruptcy, insolvency or other similar law, or commence a
voluntary proceeding seeking liquidation, reorganization or other relief under any such law or
seeking the appointment of a receiver or liquidator over any substantial portion of its respective
assets; or

               (vii) assignment by Lessee of this Lease or any right or interest created hereunder without
the prior written consent of Lessor.

     12. Term. The term of this Lease (the “Term”) shall commence on the effective date of
the contemplated “spin-off” of AMC Networks Inc., the parent company of Lessee, as a separate
public company (and shall not become effective if such spin-off does not occur in 2011). Unless
sooner terminated in accordance with the provisions hereof, the Term shall be coterminous with the
term of the Aircraft Management Agreement dated as of July 9, 2010 among CSC Transport, Inc.,
Lessor, Charles F. Dolan and Patrick F. Dolan, as such term may be extended from time to time.
Notwithstanding the foregoing, either party shall have the right to terminate this Lease at any
time for any reason or for no reason upon 30 days’ prior written notice to the other party.
Further, this Lease shall terminate upon the occurrence of a total loss or destruction of the
Aircraft, damage to the Aircraft that causes it, in the opinion of Lessor, to be irreparable, or
theft of the Aircraft. Lessee shall promptly notify Lessor of any loss or damage to, or theft of,
the Aircraft during any Lease Period hereunder.

     13. Remedies on Default or Termination. In the event of a termination of this Lease,
whether as a result of a default or the expiration of its term, Lessee shall immediately cease its
use of the Aircraft and return the Aircraft and all records pertaining thereto to the custody of
Lessor or its agents or representatives as set forth herein at such airport as Lessor and Lessee
may agree. Not later than 30 days after the termination, a full accounting shall be made between
Lessee and Lessor and all accounts settled between the parties. In no event shall any termination
affect the rights and obligations of the parties arising prior to the effective date of such

6

 

termination.

     14. Cross Indemnities; LIMITATION ON LIABILITY.

     (a) Without limiting their respective obligations hereunder, each party (in each case,
the “Indemnitor”) hereby indemnifies and holds harmless the other party and its affiliates
and their respective officers, directors, partners, employees, shareholders, members and
managers (in each case, collectively, the “Indemnitee”) for any claim, damage, loss, or
reasonable expense, including reasonable attorneys’ fees (an “Indemnified Loss”), resulting
from bodily injury or property damage arising out of the ownership, maintenance or use of
the Aircraft which results from the gross negligence or willful misconduct of such party;
provided, however, that neither party will be liable for any Indemnified Loss to the
extent:

	 	(i)	 	Such loss is covered by the insurance policies described in
Section 9 (the “Policies”);
	 
	 	(ii)	 	Such loss is covered by the Policies but the amount of such loss
exceeds the policy limits specified by Lessor;
	 
	 	(iii)	 	Such loss consists of expenses incurred in connection with any
loss covered in whole or in part by the Policies but such expenses are not
fully covered by the Policies; or
	 
	 	(iv)	 	Such loss is caused by the gross negligence or willful misconduct
of the Indemnitee.

     (b) EACH PARTY ACKNOWLEDGES AND AGREES THAT:

	 	(i)	 	THE PROCEEDS OF INSURANCE TO WHICH IT IS ENTITLED;
	 
	 	(ii)	 	ITS RIGHTS TO INDEMNIFICATION FROM THE OTHER PARTY UNDER THIS
SECTION 14; AND
	 
	 	(iii)	 	ITS RIGHT TO DIRECT DAMAGES ARISING IN CONTRACT FROM A BREACH OF THE
OTHER PARTY’S OBLIGATIONS UNDER THIS AGREEMENT

ARE THE SOLE REMEDIES FOR ANY DAMAGE, LOSS, OR EXPENSE ARISING OUT OF THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY.

EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION 14, EACH PARTY WAIVES ANY RIGHT TO RECOVER
ANY DAMAGE, LOSS OR EXPENSE ARISING OUT OF THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR OR HAVE ANY DUTY FOR INDEMNIFICATION
OR CONTRIBUTION TO THE OTHER PARTY FOR ANY CLAIMED INDIRECT, SPECIAL, INCIDENTAL,
CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY DAMAGES CONSISTING OF DAMAGES FOR LOSS OF
USE, REVENUE, PROFIT, BUSINESS

7

 

OPPORTUNITIES AND THE LIKE, OR DEPRECIATION OF VALUE OF THE AIRCRAFT, OR INSURANCE
DEDUCTIBLE, EVEN IF THE PARTY HAD BEEN ADVISED, OR KNEW OR SHOULD HAVE KNOWN, OF THE
POSSIBILITY OF SUCH DAMAGES.

NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, NEITHER PARTY SHALL HAVE ANY
LIABILITY TO THE OTHER PARTY FOR ITS PERFORMANCE OR FAILURE TO PERFORM ANY OF ITS
OBLIGATIONS UNDER THIS AGREEMENT (INCLUDING, WITHOUT LIMITATION, IN THE CASE OF ITS
NEGLIGENCE) EXCEPT IN THE CASE OF ITS GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.

     (d) The provisions of this Section 14 shall survive the termination or expiration of
this Agreement.

     15. Notices. Unless otherwise expressly specified herein, all notices or other
communications delivered or given under this Lease shall be in writing and shall be deemed to have
been duly given if hand-delivered, sent by certified or registered mail, return receipt requested,
by nationally-utilized overnight delivery service, or by confirmed facsimile transmission. Such
notices shall be addressed to the parties at the addresses set forth above, or to such other
address as may be designated by any party in a writing delivered to the other in the manner set
forth in this Section 15. Notices shall be deemed to have been given and made on the date on which
hand-delivered or sent by confirmed facsimile, one business day following the date on which sent by
nationally-utilized overnight delivery service, or four days following the date on which sent by
certified or registered mail, return receipt requested.

     16. Relationship of Parties. The relationship of the parties created by this Lease is
strictly that of lessor and lessee. Nothing in this Lease is intended, nor shall it be construed
so as, to constitute the parties as partners or joint venturers or as principal and agent.

     17. Taxes. Lessor shall pay all taxes, assessments and charges imposed by any
Federal, state, municipal or other public authority upon or relating to the ownership of the
Aircraft during the Term of this Lease (other than any taxes, fines or penalties imposed upon
Lessor as a result of a breach of this Lease by Lessee). Lessee shall pay all taxes, assessments,
and charges imposed by any Federal, state, municipal or other public authority upon or relating to
the rental, use or operation of the Aircraft by Lessee during the Term of this Lease (including any
sales or use tax imposed by the State of New York on any lease payment hereunder), other than
income taxes of Lessor. Lessee shall also be liable for any federal excise tax imposed under
Internal Revenue Code Section 4261 if such tax is applicable to any or all amounts paid (or deemed
to be paid) by Lessee to Lessor hereunder. Lessee shall pay such tax to Lessor within thirty (30)
days after receipt of Lessor’s written invoice therefor. Each party agrees to indemnify and hold
the other harmless against any and all liabilities, costs and expenses (including attorneys’ fees)
resulting from a breach of its respective undertaking hereunder.

8

 

     18. Severability. Any provision of this Lease that is prohibited or unenforceable
shall be ineffective only to the extent of such prohibition or unenforceability. The invalidity or
unenforceability of any term or provision of this Lease shall not affect the validity or
enforceability of any other term or provision hereof.

     19. Governing Law. This Lease shall be governed by and construed in accordance with
the law of the State of New York, without regard to its choice of law rules.

     20. Amendment. This Lease may not be amended, supplemented, modified or terminated,
or any of its terms varied, except by an agreement in writing signed by each of the parties hereto.

     21. Counterparts. This Lease may be executed in counterparts, each of which shall,
for all purposes, be deemed an original and all such counterparts, taken together, shall constitute
one and the same agreement, even though all parties may not have executed the same counterpart.
Each party may transmit its signature by fax to the other party, and any faxed signature and/or
faxed counterpart of this Lease shall have the same force and effect as an original.

     22. Successors and Assigns; Third-Party Beneficiaries. This Lease shall be binding
upon the parties hereto, and their respective successors and assigns, and shall inure to the
benefit of the parties hereto and, except as otherwise provided herein, to their respective
successors and assigns. Lessee shall not sublease, assign, transfer, pledge or hypothecate the
Aircraft or any part thereof, or any of Lessee’s interest in this Lease or the Aircraft (including,
without limitation, any assignment or transfer pursuant to or as part of any merger, consolidation
or other transfer of assets), without the prior written consent of Lessor, which may be given or
withheld by Lessor in its sole and absolute discretion. This Lease shall not be construed to
create any third-party beneficiary rights in any person not a party hereto (or a successor to or
permitted assign of any such party).

     23. Integration. This Lease sets forth the entire agreement between the parties with
respect to the lease of the Aircraft and supersedes any and all other agreements, understandings,
representations, warranties or negotiations by or between the parties with respect thereto, all of
which are hereby cancelled. There are no other agreements or representations, whether oral or
written, express or implied, with respect to the subject matter of this Lease that are not
expressly set forth in this Lease.

     24. TRUTH IN LEASING. TRUTH IN LEASING STATEMENT UNDER SECTION 91.23 OF THE FEDERAL
AVIATION REGULATIONS:

9

 

	 	(a)	 	NEW YORK AIRCAM CORP. HEREBY CERTIFIES THAT THE
AIRCRAFT HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING THE 12-MONTH
PERIOD PRECEDING THE DATE OF EXECUTION OF THIS AGREEMENT. THE AIRCRAFT WILL BE
MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR ALL OPERATIONS TO BE CONDUCTED
DURING LEASE PERIODS UNDER THIS LEASE.
	 
	 	(b)	 	RAINBOW MEDIA HOLDINGS LLC, 11 PENN PLAZA, NEW YORK, NEW YORK
10001, WHOSE SIGNATURE APPEARS BELOW, HEREBY CERTIFIES THAT IT IS RESPONSIBLE
FOR OPERATIONAL CONTROL OF THE AIRCRAFT DURING ALL LEASE PERIODS UNDER THIS
LEASE.
	 
	 	(c)	 	EACH OF LESSOR AND LESSEE CERTIFIES THAT IT UNDERSTANDS ITS
RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS.
	 
	 	(d)	 	EACH OF LESSOR AND LESSEE UNDERSTANDS THAT AN EXPLANATION OF
THE FACTORS BEARING ON OPERATIONAL CONTROL AND THE PERTINENT FEDERAL AVIATION
REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT
OFFICE.

THE MAXIMUM TAKE-OFF GROSS WEIGHT OF THE AIRCRAFT IS LESS THAN OR EQUAL TO 12,500 LBS.

(SIGNATURE PAGE FOLLOWS)

10

 

          IN WITNESS WHEREOF, the parties hereto have executed this Aircraft Dry Lease Agreement
effective as of the date first above written.

	 	 	 	 	 	 	 

	 	 	LESSOR:	 	 
	 
	 	 	 	 	 	 
	 	 	NEW YORK AIRCAM CORP.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name: 

	 	 
	 

	 	 	 	Title:  
	 	 
	 
	 	 	 	 	 	 
	 	 	LESSEE:	 	 
	 
	 	 	 	 	 	 
	 	 	RAINBOW MEDIA HOLDINGS LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:  

	 	 
	 

	 	 	 	Title:  
	 	 

11

 

SCHEDULE 1

RENT PER BLOCK HOUR

$650.00

S-1

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