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Exhibit 10.18    
    

 
 

NTL INCORPORATED
  909 Third Avenue
  New York, New York 10022    
    

22nd
December 2004 

Mr. Rick
Martin

Rundle House

Charters Road

Sunningdale

SL5 9QD 

Confirmation of Amendment of Employment Agreement dated as of 4th March 2003 (the "Agreement")

Dear
Rick: 

As
we have discussed, now that NTL Incorporated (the "Company") has emerged from its Chapter 11 reorganisation and has successfully completed its $1.4 billion equity offering and multibillion
bond and credit agreement financings, it is entering into a new phase of its existence. The Company therefore has new initiatives and projects which require the reshaping of the management team. In
particular, as we previously agreed, on 30th June 2004 we assigned you as Project Director of the Broadcast sale process and you have been leading the team in this role as of that date. 

The
employment term under your Agreement expires on 30th June 2005 (the "Termination Date") and we have discussed together your own plans and the Company's plans on a going forward basis. 

This
letter confirms our prior agreement that your Employment Term under the Agreement will not be renewed and your employment with the Company will terminate on the Termination Date. (Terms not
otherwise defined in this Letter are used as defined in the Agreement.) 

	1.
	Amendment of Agreement. Subject to the agreements set forth in this Letter which amend and supplement the Agreement, the Agreement shall
remain in full force and effect until the Termination Date unless otherwise terminated in accordance with its terms.

	2.
	Non-Renewal. It has been agreed between us that the Employment Term shall end on 30th June 2005 and, for the
avoidance of doubt, this Letter constitutes formal written notice of non-renewal of the Employment Term. Accordingly, as soon as practicable following the Termination Date and your
execution and delivery of the general release as provided for by the terms of Section 7c of the Agreement, the Company shall pay to you a lump-sum severance payment of cash equal to
the product of the Base Salary times 2 (as provided by Section 7c). Notwithstanding the foregoing, should there be a Termination Without Cause or a Constructive Termination Without Cause in
advance of 30th June 2005, the Company shall, as soon as practicable following such termination and the Executive's execution and delivery to the Company of the general release of claims set
forth in Section 7(f), pay to you a lump-sum severance payment of cash equal to the product of the Base Salary times 3 (as provided by Section 7b).

	3.
	Duties; title. From and after 30th June 2004 you have been acting as the Company's Project Director for the ntl: Broadcast
transaction, reporting to Scott Schubert (Executive Vice President—Corporate Development) and Bryan Hall (Secretary and General Counsel). You have been assigned full-time to
the separation and strategic execution of ntl: Broadcast's operations and such other similar duties as may be requested from time to time. 

	

	You
may serve on the board of directors for no more than one for-profit company, subject however to prior notification to be provided to the President of the
Company and provided that such endeavours do not interfere with the conduct of your duties and that the identity of such company is subject to the
reasonable consent of the Company. Any and all travel expenses and other expenses associated with such position shall be borne by such other company or you.

	4.
	Base Salary: Benefits. Your Base Salary will remain unchanged by the signing of this Letter, but you shall remain eligible for any
general salary increases through the Termination Date. You will continue to be eligible for all bonuses as per the Agreement and all benefits including ex-patriate benefits (on a pro rata
basis as may be appropriate). In addition, you will be a participant in the Company's Long Term Incentive Plan ("LTIP") and notwithstanding that the Termination Date is prior to the date the LTIP
payments will be made, you will remain eligible to receive those payments pro-rated to the Termination Date; provided that (i) you
have not been Terminated for Cause; (ii) you have not resigned from your position and (iii) you are not in breach of the Agreement. (Actual amounts paid, if any, will of course be
subject to the terms of the LTIP). Vacation days for the calendar year will be determined on a pro rata basis. You will be permitted to carry over all unused days from your 2004 holiday entitlement,
as approved by Simon Duffy (Chief Executive Officer) on 14th November 2004.

	5.
	Options. Your options which are subject to vesting on 11th April 2006 will vest on the Termination Date (even if the Company has
effected a Termination Without Cause); provided that (i) you have not been Terminated for Cause; (ii) you have not resigned from your
position and (iii) you are not in breach of the Agreement. The terms of the options will continue in full force and effect.

	6.
	Exchange Rates. As per the terms of the Agreement, you will be entitled to designate at one time during each calendar year (commencing
on or after 1st January 2005) a percentage of cash compensation not yet paid to be paid in US Dollars, with the exchange rate set on the date such designation is made as provided by
Section 3a of the Agreement. The foregoing designation right applies with respect to years occurring after termination of the Employment Term in which any cash payments will be made.

	7.
	Miscellaneous. This Letter shall be governed by and construed in accordance with the internal laws of the State of Delaware, without
reference to the principles of conflicts of laws. This Letter shall be subject to all other terms of the Agreement (such as address for notices, jurisdiction, etc). The parties agree that the
Agreement shall remain in full force and effect except as modified by the terms hereof. 

*******

Please
acknowledge your agreement with the foregoing by executing a copy of this Letter in the space provided below. 

	 	 	Sincerely,
	

 	
 	

NTL INCORPORATED
	

 	
 	

By	
 	

/s/  BRYAN H. HALL      

	 	 	Name:	 	Bryan H Hall
	 	 	Title:	 	Secretary
	

 	
 	

 	
 	

 
	 	 	AGREED & ACCEPTED:
	

 	
 	

 	
 	

 
	

 	
 	

 	
 	

/s/  RICHARD MARTIN      
 Richard Martin

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Exhibit 10.18

NTL INCORPORATED 909 Third Avenue New York, New York 10022QuickLinks
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Exhibit 10.19    
    

 
 

RULES OF THE ntl LONG TERM INCENTIVE PLAN    
    

	 
	 
	 	 
	 
	 

	1.	DEFINITIONS AND INTERPRETATION
	

1.1	

The words and expressions set out below shall have the meanings specified against them:
	

 	
"Acceleration Event"	
 	

any one of the following events:
	

 	

 	
 	

(a)	

any Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company (not including in the securities beneficially owned by such Person any securities acquired directly from the Company) representing 30% or more of the
combined voting power of the Company's then outstanding securities, excluding any Person who becomes such a Beneficial Owner in connection with a transaction described in clause (i) of sub-paragraph (c) below; or
	

 	

 	
 	

(b)	

the following individuals cease for any reason to constitute a majority of the number of directors then serving: individuals who, on the date the Plan is adopted by the Board, constitute the Board and any new director (other than a director whose
initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the election of directors of the Company) whose appointment or election by the Board or
nomination for election by the Company's shareholders was approved or recommended by a vote of at least a majority of the directors then still in office who either were directors on the date hereof or whose appointment, election or nomination for
election was previously so approved or recommended; or
	

 	

 	
 	

(c)	

there is consummated a merger or consolidation of the Company or any direct or indirect subsidiary of the Company with any other Company, other than
	

 	

 	
 	

 	

(i)	

a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or by being converted into voting securities
of the surviving entity or any parent thereof) at least 50% of the combined voting power of the securities of the Company or such surviving entity or any parent thereof outstanding immediately after such merger or consolidation, or
	

 	

 	
 	

 	

(ii)	

a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company (not including in the securities
beneficially owned by such Person any securities acquired directly from the Company) representing 30% or more of the combined voting power of the Company's then outstanding securities;
	 	 	 	 	 	 

	

 	

 	
 	

(d)	

the shareholders of the Company approve a plan of complete liquidation or dissolution of the Company or there is consummated an agreement for the sale or disposition by the Company of all or substantially all of the Company's assets, other than a
sale or disposition by the Company of all or substantially all of the Company's assets to an entity, at least 50% of the combined voting power of the voting securities of which are owned by the shareholders of the Company immediately prior to such
sale; or
	

 	

 	
 	

(e)	

there is consummated an agreement for the sale or disposition by the Company or any direct or indirect subsidiary of the Company of all or substantially all of the Company's assets comprising one or more of the Company's business divisions or
business segments, provided that any sale or disposition under this paragraph (d) shall only be an Acceleration Event as regards those Participants who are to be transferred along with the assets to be sold or disposed of.
	

 	

 	
 	

Notwithstanding the foregoing, an "Acceleration Event" shall not be deemed to have occurred by virtue of the consummation of any transaction or series of integrated transactions immediately following which the record holders of the Shares of the
Company immediately prior to such transaction or series of transactions continue to have substantially the same proportionate ownership in an entity which owns all or substantially all of the assets of the Company immediately following such
transaction or series of transactions;
	

 	
"Affiliate"	
 	

has the meaning given in Rule 12b-2 under Section 12 of the Exchange Act;
	

 	
"Annual Bonus Plan"	
 	

the annual bonus plan operated by ntl;
	

 	
"Award"	
 	

a right to receive either a cash sum, or Shares, or an option (on such terms as the Award Committee shall determine) over Shares, or any form of security (on such terms as the Award Committee shall determine) (or a combination of the above) as
determined by the Award Committee in accordance with these rules (provided that the issuance of any such Shares, options or other securities shall be subject to the approval of the Company's stockholders to the extent required by the Nasdaq or other
applicable authority);
	

 	
"Award Committee"	
 	

the compensation committee of the Board, which may delegate to one or more of its members or to one or more agents (including the Chief Executive Officer, the Chief Financial Officer and the Group HR Director of ntl) such administrative duties as it
may deem advisable, and the Award Committee or any person to whom it has delegated duties as aforesaid may employ one or more persons to render advice with respect to any responsibility the Committee or such person may have under the
Plan;
	

 	
"Base Salary"	
 	

annual earnings payable to the Participant by the Group (not including benefits in kind or bonus payments) as are liable to be paid under deduction of tax as at 31 December 2005 or where a payment is made under rule 5 or rule 6 as at
such other date as the Award Committee may determine;
	 	 	 	 	 	 

	

 	
"Base Salary Value"	
 	

the value payable to a Participant pursuant to an Award in accordance with these rules which shall be a proportion of the LTIP Percentage;
	

 	
"Beneficial Owner"	
 	

the meaning set out in Rule 13d-3 under the Exchange Act, except that a Person shall not be deemed to be the Beneficial Owner of any securities which are properly filed on a Form 13-G;
	

 	
"Board"	
 	

the board of directors of the Company or a duly authorised committee thereof;
	

 	
"Cash Equivalent"	
 	

the cash sum equal to the Base Salary Value;
	

 	
"Company"	
 	

NTL Incorporated;
	

 	
"Eligible Employee"	
 	

directors (who are not employees) of a member of the Group or any Affiliate thereof; employees (including officers) of a member of the Group or any Affiliate thereof; and independent contractors to a member of the Group or any Affiliate
thereof;
	

 	
"Exchange Act"	
 	

the US Securities Exchange Act of 1934, as amended from time to time;
	

 	
"Group"	
 	

the Company and any Subsidiary and "member of the Group" shall be construed accordingly;
	

 	
"LTIP Percentage"	
 	

the percentage payable to the Participant for on target earnings under the Annual Bonus Plan multiplied by four (4) provided that if during the Performance Period the percentage payable to the Participant for on target earnings under the Annual
Bonus Plan changes, the Award Committee may adjust the LTIP Percentage to take account of such change on a pro rata basis;
	

 	
"Notional Share Price"	
 	

the weighted average price of a Share for the last 10 trading days in 2005;
	

 	
"Participant"	
 	

an individual to whom an Award has been made under the Plan;
	

 	
"Performance Condition"	
 	

the performance conditions that must be satisfied in order to receive payment in respect of an award, as established and determined by the Award Committee;
	

 	
"Performance Period"	
 	

the period of three financial years of the Company ending on 31 December 2005;
	

 	
"Person"	
 	

has the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and 14(d) thereof, except that such term shall not include (i) the Company or any of its Affiliates, (ii) a trustee or other
fiduciary holding securities under an employee benefit plan of the Company or any of its subsidiaries, (iii) an underwriter temporarily holding securities pursuant to an offering of such securities, or (iv) a Company owned, directly or
indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company.
	

 	
"Plan"	
 	

the ntl Long Term Incentive Plan;
	

 	
"Plan Payment Date"	
 	

(save as specifically provided in these rules) the date upon which a Participant is entitled to be paid in respect of his Award which shall be not later than March 15, 2006;
	 	 	 	 	 	 

	

 	
"Shares"	
 	

fully paid ordinary non-redeemable shares of common stock in the capital of the Company;
	

 	
"Subsidiary"	
 	

a company wheresoever incorporated which is for the time being a subsidiary of the Company in accordance with section 736 of the UK Companies Act 1985;
	

 	
"Vest/Vesting"	
 	

the time when a Participant becomes entitled to receive a payment under his Award on the Plan Payment Date.

	 
	 
	 
	 

	1.2	References in the Plan to a statute or a statutory provision shall include any modification, re-enactment or extension thereof.
	

1.3	

References in the Plan to the masculine shall include the feminine and vice versa.
	
2.	

AWARDS
	

2.1	

The Award Committee may, after consultation with the Board, make Awards to such Eligible Employees as it may, in its absolute discretion, select. The Performance Conditions applicable to any such Award shall be as the Award Committee shall
determine.
	

2.2	

As soon as practicable after making an Award the Award Committee shall notify each Participant that an Award has been made to him.
	
3.	

LIMITS
	

3.1	

If an Eligible Employee has not worked within the Group throughout the entire Performance Period, then the Award Committee may, after consultation with the Board, determine that the Participant will only receive a payment in respect of his Award that
reflects the period of time during which he has worked for the Group.
	
4.	

VESTING OF AWARDS
	

4.1	

Subject to the provisions of rules 5 and 6 no Award may Vest prior to 31 December 2005.
	

4.2	

An Award may only Vest if or may only Vest to the extent that the Performance Condition has been satisfied. To the extent that an Award does not Vest it will lapse once the Award Committee has determined the extent to which, if any, the Performance
Condition has been met. When an Award Vests, a Participant will not be entitled to any payment in respect of the Award until the Plan Payment Date. The decision as to how an Award will be paid will be at the absolute discretion of the Award Committee
(after consultation with the Board).
	

4.3	

If an Award is paid wholly or partly in Shares or an option over Shares then the number of Shares that the Participant will receive (or will receive an option over) on the Plan Payment Date shall be calculated by dividing the Base Salary Value in
respect of which the Award has Vested by the Notional Share Price. If an Award is paid wholly or partly in cash then the cash sum payable on the Plan Payment Date shall be the Cash Equivalent. If an Award is paid wholly or partly in any other form of
security then the Award Committee will, after consultation with the Board, determine how the Award is to be paid.
	

4.4	

In any case where any company is obliged to account:
	

 	

4.4.1	

for any tax (or similar liabilities) in any jurisdiction; and/or
	 	 	 	 

	

 	

4.4.2	

for any social security contributions (or similar liabilities) in any jurisdiction for which the person in question is liable by virtue of the acquisition, holding or Vesting of an Award or any payment pursuant to an Award or the acquisition or
holding of the Shares acquired pursuant to the Plan (together, the "Tax Liability") the Award Committee may recover the tax from the person in question in such manner as the Award Committee shall think fit and (without prejudice to the generality of
the foregoing) no payment shall be made pursuant to an Award to that person unless that person has either:
	

 	

 	

(i)	

made a payment to the Award Committee (or such other person as the Award Committee shall direct) of an amount equal to the Tax Liability; or
	

 	

 	

(ii)	

entered into an undertaking to make such payment (in the form set out at Schedule 1 or such other form as the Award Committee shall prescribe).
	

 	

Provided that, to the extent that an Award is satisfied in cash, the Award Committee may deduct an amount equal to the Tax Liability from such cash payment in order to satisfy the Participant's obligations under this rule 4.4.
	
5.	

CESSATION OF EMPLOYMENT AND TRANSFER OF AWARDS
	

5.1	

If a Participant ceases to be an employee within the Group prior to 31 December 2005 and such cessation is by reason of his dismissal without cause or his death, injury, disability or redundancy, then the Award Committee may, after consultation
with the Board, determine whether any payment should be made to that Participant under the Plan, the level of any such payment and when such payment should be made. In all other circumstances the Participant's Award will lapse upon such
cessation.
	

5.2	

For the purposes of these Rules, where a Participant ceases to be an employee within the Group because his employment is terminated by his employer without notice or where he terminates his employment with or without notice, his employment shall be
deemed to cease on the date on which the termination takes effect or, if earlier, the date of giving such notice. If the Participant's employment is terminated by his employer with notice, his employment shall be deemed to cease on the date when such
notice expires.
	

5.3	

A director who is not an employee of a member of the Group or any Affiliate thereof shall "cease to be an employee" for purposes of these rules when he or she ceases to hold office in any capacity with any member of the Group or any Affiliate
thereof. An independent contractor to any member of the Group or any Affiliate thereof shall "cease to be an employee" for purposes of these rules when he or she ceases to provide services to any member of the Group or any Affiliate
thereof.
	

5.4	

An Award shall be personal to the Participant and may not, save as herein otherwise specifically provided, be transferred, assigned or charged and shall immediately become void and of no effect in the event of the bankruptcy of the
Participant.
	
6.	

ACCELERATION EVENT
	

6.1	

Awards may Vest on the occurrence of an Acceleration Event. The extent to which the Awards will Vest (if any) on an Acceleration Event will be calculated by the Award Committee (after consultation with the Board, according to the Company's relative
performance against the Performance Condition as if the Performance Period expired on the date of the event that caused the Award to Vest. In such circumstances the Payment Date will be such date as the Award Committee shall determine. To the extent
that Awards do not Vest in respect of the Acceleration Event they shall lapse once this has been determined by the Award Committee.
	 	 	 	 

	
7.	

GENERAL
	

7.1	

Participation in this Plan is a matter entirely separate from any pension right or entitlement a Participant may have and from his terms and conditions of employment and in particular (but without limiting the generality of the foregoing) any
individual who leaves the employment of the Company and its Subsidiaries or who otherwise ceases to be an employee shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under the Plan which he
might otherwise have enjoyed whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise howsoever.
	

7.2	

Any notice in writing to be given to any Participant under the Plan shall be sufficiently given if sent through the post in a prepaid cover addressed to them at their address last known to the Award Committee. A Participant shall notify the Company
in writing of any change of address.
	

7.3	

If any matter arises in connection with the Plan or its operation for which provision is not made in these rules such matter shall be resolved, dealt with or provided for in such manner as the Award Committee shall in its absolute discretion (after
consultation with the Board) think fit.
	

7.4	

The Plan and the rights and obligations of the Company shall be governed by and construed in accordance with the laws of the State of Delaware provided that nothing contained in this rule shall be taken to have limited the right of the Company to
proceed in the courts of a competent jurisdiction.
	

7.5	

No term in this Agreement is enforceable under the Contract (Rights of Third Parties) Act 1999 but this does not affect any rights or remedy of a third party which exits or is available apart from the Act.
	
8.	

MODIFICATIONS TO THE PLAN
	

8.1	

The Award Committee may (after consultation with the Board) from time to time make alterations to these rules.
	

8.2	

The Award Committee's decision on any matter concerning the Plan shall (subject as expressly provided to the contrary in these rules) be final and binding.

 
 

THE NTL LONG TERM INCENTIVE PLAN
  SCHEDULE 1
  FORM OF UNDERTAKING    
    

	 
	 

	To:	Carolyn Walker

Group HR Director

ntl Group Limited (the "Company")

Bartley Wood Business Park

Hook

Hampshire

RG27 9UP

Dear
Carolyn 

With
reference to my participation in the ntl Long Term Incentive Plan (the "Plan") and to any payment that might be made to me pursuant to an Award under the Plan, I hereby undertake and confirm that
I shall pay to the Company any Tax Liability that may arise. 

I
agree that the Company shall have the right to deduct from any payment of cash to me (including, but not limited, to any wages due to me) an amount equal to the Tax Liability in satisfaction of my
obligation to pay the Tax Liability. I further agree that I shall not be entitled to the payment of an Award, and none shall be paid to me, unless I have signed and returned this letter to you. 

Definitions
used in this letter shall be as defined in the Plan rules. 

Yours
truly 

	 
	 

	
	(signed here)
	

	

(insert name)
	

	

(insert date)
	

    	

 
	

    	

 
	

    	

 
	

    	

 
	

    	

 
	

    	

 
	

    	

 

QuickLinks

Exhibit 10.19

RULES OF THE ntl LONG TERM INCENTIVE PLAN

THE NTL LONG TERM INCENTIVE PLAN SCHEDULE 1 FORM OF UNDERTAKING

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