Document:

exv10w24

Exhibit 10.24

PERFORMANCE AWARD AGREEMENT

[Full Name of Employee]

[Date]

Dear [First Name]:

     Pursuant to the 2011 Cash Incentive Plan (the “Plan”) of AMC Networks Inc. (the
“Company”), you will receive a contingent cash award (the “Award”) in replacement
of the contingent cash award granted to you by the Compensation Committee of the Board of Directors
of Cablevision Systems Corporation (“Cablevision”) effective as of March 8, 2011 (the
“Effective Date”), which contingent cash award has been canceled in all respects.

     Capitalized terms used, but not defined, in this agreement (this “Agreement”) have the
meanings given to them in the Plan. The Award is subject to the terms and conditions set forth
below:

1. Amount and Payment of Award. In accordance with the terms of this Performance Award Agreement,
the target amount of your contingent Award is $__________________ (the “Target Award”),
which may be increased or decreased to the extent the performance objectives set forth on Annex
1 hereto (the “Objectives”) have been attained in respect of the period from January 1,
2013 through December 31, 2013 (the “Performance Period”). The Award, calculated in
accordance with Annex 1 attached hereto, will become payable to you upon the date on which the
Committee (as defined in Section 10 below) determines the Company’s performance against the
Objectives (the “Award Date”) provided, that you have remained in the continuous
employ of the Company or one of its Affiliates from the Effective Date through the Award Date.

2. Termination of Employment. If, on the Award Date, you are no longer employed by the Company or
one of its Affiliates for any reason, other than as a result of your death, then you will
automatically forfeit all of your rights and interest in the Award regardless of whether the
Objectives are attained.

3. Death. If, prior to the end of the Performance Period, your employment with the Company or any
of its Affiliates is terminated as a result of your death then your estate will receive, promptly
(and in any event within 30 days) following the date of such termination, payment of the Target
Award prorated for the number of completed months of your employment during the Performance Period
prior to such termination. If after the end of the Performance Period but prior to the Award Date,
your employment with the Company or any of its Affiliates is terminated as a result of your death
then your estate will receive, on the date payment is made to active eligible employees of the
Company, the Award, if any, to which you would have been entitled on the Award Date had your
employment not been so terminated.

 

 

4. Going Private Transaction or Change in Control.

     a. Going Private Transaction. Notwithstanding anything to the contrary contained in this
Agreement, if at any time a Going Private Transaction (as defined below) occurs and immediately
prior to such transaction you are employed by the Company or one of its Affiliates, the Target
Award shall become payable to you whether or not the Objectives have been attained at the earlier
of (i) January 1, 2014, provided, that you remain in the continuous employ of the Company
or one of its Affiliates from the Effective Date through such date or (ii) the date subsequent to
the Going Private Transaction on which your employment with the Company or the surviving entity is
terminated (A) by the Company or the surviving entity other than for Cause (as defined below) or
(B) by you for Good Reason (as defined below). Notwithstanding the foregoing, if you become
entitled to payment of the Target Award by virtue of a termination in accordance with (ii)(A) or
(ii)(B) of this Section 4(a) and are determined by the Company to be a “specified employee” within
the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A of the
IRC”), the Target Award shall be paid to you on the earlier of: (i) January 1, 2014, (ii) the date
that is six months from your date of employment termination and (iii) any other date on which such
payment or any portion thereof would be a permissible distribution under Section 409A of the IRC.
In the event of such a determination, the Company shall promptly following the date of your
employment termination set aside such amount for your benefit in a “rabbi trust” that satisfies the
requirements of Revenue Procedure 92-64, and on a monthly basis shall deposit into such trust
interest in arrears (compounded quarterly at the rate provided below) until such time as such
amount, together with all accrued interest thereon, is paid to you in full pursuant to the previous
sentence); provided, that no payment will be made to such rabbi trust if it would be
contrary to law or cause you to incur additional tax under Section 409A of the IRC. The initial
interest rate shall be the average of the one-year LIBOR fixed rate equivalent for the ten business
days prior to the date of your employment termination.

     b. Change in Control. Notwithstanding anything to the contrary contained in this Agreement
but subject to the subsections of this Section 4(b), if at any time a Change of Control (as defined
below) of the Company occurs and immediately prior to such transaction you are employed by the
Company or one of its Affiliates, you will be entitled to the payment of the Target Award whether
or not the Objectives have been attained.

          i. If the actual Change of Control:

               (A) is a permissible distribution event under Section 409A of the IRC or payment of the Award
promptly upon such event is otherwise permissible under Section 409A of the IRC (including, for the
avoidance of doubt, by reason of the inapplicability of Section 409A of the IRC to the Award), then
the Target Award shall be paid to you by the Company promptly following the Change of Control; or

               (B) is not a permissible distribution event under Section 409A of the IRC and payment of the
Award promptly upon such event is not otherwise permissible under Section 409A of the IRC, then the
Target Award shall be paid to you by the Company (together with interest thereon pursuant to
Section 4(b)(ii) below) on the earliest to occur of:

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                    (1) any subsequent date on which you are no longer employed by the Company or any of its
Affiliates for any reason other than termination of your employment by one of such entities for
Cause (provided that if you are determined by the Company to be a “specified employee” within the
meaning of Section 409A of the IRC, six months from such date);

                    (2) any other date on which such payment or any portion thereof would be a permissible
distribution under Section 409A of the IRC; or

                    (3) January 1, 2014.

          ii. Upon any Change of Control, to the extent any amounts are due to be paid to you at a later
date pursuant to Section 4(b)(i)(B) above, the Company shall promptly following the Change of
Control set aside such amount for your benefit in a “rabbi trust” that satisfies the requirements
of Revenue Procedure 92-64, and on a monthly basis shall deposit into such trust interest in
arrears (compounded quarterly at the rate provided below) until such time as such amount, together
with all accrued interest thereon, is paid to you in full pursuant to Section 4(b)(i)(B) above);
provided, that no payment will be made to such rabbi trust if it would be contrary to law
or cause you to incur additional tax under Section 409A of the IRC. The initial interest rate
shall be the average of the one-year LIBOR fixed rate equivalent for the ten business days prior to
the date of the Change of Control and shall adjust annually based on the average of such rate for
the ten business days prior to each anniversary of the Change of Control.

     If and to the extent that any payment under this Section 4 is determined by the Company to
constitute “non-qualified deferred compensation” subject to Section 409A of the IRC and is payable
to you by reason of your termination of employment, then such payment shall be made to you only
upon a “separation from service” as defined for purposes of Section 409A of the IRC under
applicable regulations.

     For purposes of this Agreement, “Cause” means, your (i) commission of an act of fraud,
embezzlement, misappropriation, willful misconduct, gross negligence or breach of fiduciary duty
against the Company or an Affiliate thereof, or (ii) commission of any act or omission that results
in a conviction, plea of no contest, plea of nolo contendere, or imposition of unadjudicated
probation for any crime involving moral turpitude or any felony.

     For purposes of this Agreement, “Change of Control” means the acquisition, in a
transaction or a series of related transactions, by any person or group, other than Charles F.
Dolan or members of the immediate family of Charles F. Dolan or trusts for the benefit of Charles
F. Dolan or his immediate family (or an entity or entities controlled by any of them) or any
employee benefit plan sponsored or maintained by the Company, of the power to direct the management
of the Company or substantially all its assets (as constituted immediately prior to such
transaction or transactions).

     For purposes of this Agreement, “Going Private Transaction” means a transaction
involving the purchase of Company securities described in Rule 13e-3 to the Securities and Exchange
Act of 1934.

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     For purposes of this Agreement, “Good Reason” means: (a) without your express written
consent any reduction in your base salary or bonus potential, or any material impairment or
material adverse change in your working conditions (as the same may from time to time have been
improved or, with your written consent, otherwise altered, in each case, after the Effective Date)
at any time after or within ninety (90) days prior to the Going Private Transaction including,
without limitation, any material reduction of your other compensation, executive perquisites or
other employee benefits (measured, where applicable, by level or participation or percentage of
award under any plans of the Company), or material impairment or material adverse change of your
level of responsibility, authority, autonomy or title, or to your scope of duties; (b) any failure
by the Company to comply with any of the provisions of this Agreement, other than an insubstantial
or inadvertent failure remedied by the Company promptly after receipt of notice thereof given by
you; (c) the Company’s requiring you to be based at any office or location more than thirty-five
(35) miles from your location immediately prior to the Going Private Transaction except for travel
reasonably required in the performance of your responsibilities; or (d) any failure by the Company
to obtain the assumption and agreement to perform this Agreement by a successor.

5. Termination. Except for a right which has accrued to receive a payment on account of the Award,
this Agreement shall automatically terminate and be of no further force and effect on the Award
Date.

6. Transfer Restrictions. You may not transfer, assign, pledge or otherwise encumber the Award
other than to the extent provided in the Plan.

7. Unfunded Obligation. The Plan will at all times be unfunded and, except as set forth in Section
4(b) of this Agreement, no provision will at any time be made with respect to segregating any
assets of the Company or any of its Affiliates for payment of any benefits under the Plan,
including, without limitation, those covered by this Agreement. Your right or that of your estate
to receive payments under this Agreement shall be an unsecured claim against the general assets of
the Company, including any rabbi trust established pursuant to Section 4(b). Neither you nor your
estate shall have any rights in or against any specific assets of the Company other than the assets
held by the rabbi trust established pursuant to Section 4(b).

8. Tax Representations and Tax Withholding. You hereby acknowledge that you have reviewed with
your own tax advisors the federal, state and local tax consequences of receiving the Award. You
hereby represent to the Company that you are relying solely on such advisors and not on any
statements or representations of the Company, its Affiliates or any of their respective agents.
If, in connection with the Award, the Company is required to withhold any amounts by reason of any
federal, state or local tax, such withholding shall be effected in accordance with Section 8 of the
Plan.

9. Right of Offset. You hereby agree that if the Company shall owe you any amount that does not
constitute “non-qualified deferred compensation” pursuant to Section 409A of the IRC (the
“Company-Owed Amount”) under this Agreement, then the Company shall have the right to
offset against the Company-Owed Amount, to the maximum extent permitted by law, any amounts that
you may owe to the Company or its Affiliates of whatever nature.

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10. The Committee. For purposes of this Agreement, the term “Committee” means the
Compensation Committee of the Board of Directors of the Company or any replacement committee
established under, and as more fully defined in, the Plan.

11. Committee Discretion. The Committee has full discretion with respect to any actions to be
taken or determinations to be made in connection with this Agreement, and its determinations shall
be final, binding and conclusive.

12. Amendment. The Committee reserves the right at any time and from time to time to amend or
revise the terms and conditions set forth in this Agreement, except that the Committee may not make
any such amendment or revision in a manner unfavorable to you (other than if immaterial) without
your consent. Any amendment of this Agreement shall be in writing and signed by an authorized
member of the Committee or a person or persons designated by the Committee.

13. Award Subject to the Plan. The Award and all other amounts payable hereunder are subject to
the Plan.

14. Entire Agreement. Except for any employment agreement between you and the Company or any of
its Affiliates in effect as of the date of the grant hereof (as such employment agreement may be
modified, renewed or replaced), this Agreement and the Plan constitute the entire understanding and
agreement of you and the Company with respect to the Award covered hereby and supersede all prior
understandings and agreements. In the event of a conflict among the documents with respect to the
terms and conditions of the Award covered hereby, the documents will be accorded the following
order of authority: the terms and conditions of the Plan will have highest authority followed by
the terms and conditions of your employment agreement, if any, followed by the terms and conditions
of this Agreement.

15. Successors and Assigns. The terms and conditions of this Agreement shall be binding upon, and
shall inure to the benefit of, the Company and its successors and assigns.

16. Governing Law. This Agreement shall be deemed to be made under, and in all respects be
interpreted, construed and governed by and in accordance with, the laws of the State of New York.

17. Jurisdiction and Venue. You irrevocably submit to the jurisdiction of the courts of the State
of New York and the Federal courts of the United States located in the Southern District and
Eastern District of the State of New York in respect of the interpretation and enforcement of the
provisions of this Agreement and the Plan, and hereby waive, and agree not to assert, as a defense
that you are not subject thereto or that the venue thereof may not be appropriate. You agree that
the mailing of process or other papers in connection with any action or proceeding in any manner
permitted by law shall be valid and sufficient service.

18. Waiver. No waiver by the Company at any time of any breach by you of, or compliance with, any
term or condition of this Agreement or the Plan to be performed by you shall be deemed a waiver of
the same, any similar or any dissimilar term or condition at the same or at any prior or subsequent
time.

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19. Severability. The provisions of this Agreement shall be deemed severable and the invalidity or
unenforceability of any term or condition hereof shall not affect the validity or enforceability of
the other terms and conditions set forth herein.

20. Exclusion from Compensation Calculation. By acceptance of this Agreement, you shall be
considered in agreement that the Award shall be considered special incentive compensation and will
be exempt from inclusion as “wages” or “salary” in pension, retirement, life insurance and other
employee benefits arrangements of the Company and its Affiliates, except as determined otherwise by
the Company. In addition, each of your beneficiaries shall be deemed to be in agreement that the
Award shall be exempt from inclusion in “wages” or “salary” for purposes of calculating benefits of
any life insurance coverage sponsored by the Company or any of its Affiliates.

21. No Right to Continued Employment. Nothing contained in this Agreement or the Plan shall be
construed to confer on you any right to continue in the employ of the Company or any Affiliate, or
derogate from the right of the Company or any Affiliate, as applicable, to retire, request the
resignation of, or discharge you, at any time, with or without cause.

22. Affiliates of the Company. Notwithstanding Section 2(a) of the Plan, for purposes of Sections
2, 3, 4 (other than the definition of “Cause” set forth in such Section), 5, 9 and 14 of this
Agreement, “Affiliate” of the Company shall mean the direct and indirect subsidiaries of the
Company.

23. Section 409A. It is the Company’s intent that payments under this Agreement be exempt from, or
comply with, the requirements of Section 409A of the IRC, and that this Agreement be administered
and interpreted accordingly. If and to the extent that any payment or benefit under this
Agreement, or any plan or arrangement of the Company or its affiliates, is determined by the
Company to constitute “non-qualified deferred compensation” subject to Section 409A of the IRC and
is payable to you by reason of your termination of employment, then (a) such payment or benefit
shall be made or provided to you only upon a “separation from service” as defined for purposes of
Section 409A of the IRC under applicable regulations and (b) if you are a “specified employee”
(within the meaning of Section 409A of the IRC and as determined by the Company), such payment or
benefit shall not be made or provided before the date that is six months after the date of your
separation from service (or your earlier death). Any amount not paid in respect of the six month
period specified in the preceding sentence will be paid to you, together with interest on such
delayed amount at the rate equal to the average of the one-year LIBOR fixed rate equivalent for the
ten business days prior to the date of your separation from service (or your earlier death), in a
lump sum after the expiration of such six month period. The Committee will determine the Company’s
performance against the Objectives under Section 1 hereof during the calendar year immediately
following the Performance Period. This Section 23 will also apply to all previous awards granted
to you pursuant to the Plan.

24. Headings. The headings in this Agreement are for purposes of convenience only and are not
intended to define or limit the construction of the terms and conditions of this Agreement.

25. Effective Date. Upon execution by you, this Agreement shall be effective from and as of the
Effective Date.

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26. Signatures. Execution of this Agreement by the Company may be in the form of an electronic or
similar signature, and such signature shall be treated as an original signature for all purposes.

	 	 	 	 	 
	 	AMC NETWORKS INC.

 	 
	 	By:  	
 	 
	 	 	Joshua Sapan

President and CEO 	 

     By your signature, you (i) acknowledge that a complete copy of the Plan and an executed
original of this Agreement have been made available to you and (ii) agree to all of the terms and
conditions set forth in the Plan and this Agreement.

	 	 	 	 	 
	 	 	  	
 	 
	 	 	 	Name:	 

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Annex 1

AMC Networks Performance Objectives

($ in thousands)

	 	 	 	 	 	 	 	 	 
	 	 	2013 Net Revenue Goal	 	 	 	 
	2010 Net Revenue	 	Target	 	 	Incremental Net Revenue	 
	$1,107,325
	 	$	1,473,675	 	 	$	366,350	 
	 
	2010 Business Unit	 	2013 Business Unit	 	 	Incremental Business	 
	AOCF	 	AOCF Goal	 	 	Unit AOCF Target	 
	$408,937
	 	$	531,116	 	 	$	122,176	 

	 	 
	Cumulative Business Unit Free Cash Flow Target	 
	$1,199,916
	 

Definitions. For purposes of this Annex 1 (as partially reflected in the chart above):

     “2010
Net Revenue” is $1,107,325.

     “2010 Business Unit AOCF” is $408,937.

“Net Revenue” means the Company’s consolidated net revenue, excluding
inter-company eliminations.

“AOCF” means adjusted operating cash flow, as defined in the earnings release of
Cablevision, dated February 16, 2011, but excluding the impact of this Award and all other
performance-based long-term incentive awards.

     “Incremental Net Revenue Target” is $366,350.

     “Incremental Business Unit AOCF Target” is $122,176.

     “Cumulative Business Unit Free Cash Flow Target” is $1,199,916.

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“Financial Target” means the Incremental Net Revenue Target, Incremental Business
Unit AOCF Target or Cumulative Business Unit Free Cash Flow Target, as applicable.

“Business Unit AOCF” means the combined AOCF of the Company’s operating
businesses.

“Business Unit Free Cash Flow” means the combined AOCF of the Company’s operating
businesses, less the difference between cash payments for contractual rights and the
amortization of such rights accounted for in AOCF.

“Incremental Net Revenue” shall equal the Company’s 2013 Net Revenue minus 2010 Net
Revenue.

“Incremental Business Unit AOCF” shall equal the Company’s 2013 Business Unit AOCF
minus 2010 Business Unit AOCF.

“Cumulative Business Unit Free Cash Flow” shall equal the sum of the Company’s
Business Unit Free Cash Flow for fiscal years 2011, 2012 and 2013.

“Financial Performance” means Incremental Net Revenue, Incremental Business Unit
AOCF or Cumulative Business Unit Free Cash Flow, as applicable.

     Award Calculation. The amount of your Award, if any, that shall vest on the Award Date shall
be determined by multiplying (a) the weighted average of: (i) a percentage resulting from the ratio
of the Incremental Net Revenue to the Incremental Net Revenue Target, which shall account for 30%
of your Award (the “Revenue Award”); (ii) a percentage resulting from the ratio of Incremental
Business Unit AOCF to the Incremental Business Unit AOCF Target, which shall account for 50% of
your Award; and (iii) a percentage resulting from the ratio of Cumulative Business Unit Free Cash
Flow to the Cumulative Business Unit Free Cash Flow Target, which shall account for 20% of your
Award; times (b) your Target Award. Achievement of Financial Performance in each award category
higher or lower than the applicable Financial Target will result in a percentage increase or
decrease in your award for such award category, based on a performance scale which has been
approved by the Committee, up to a maximum of 200% in each category. Pursuant to such performance
scale, no award will be payable (a) in the case of Net Revenue or Business Unit AOCF if Financial
Performance is not equal to at least 60% of the applicable Financial Target, and (b) in the case of
Business Unit Free Cash Flow, if Cumulative Business Unit Free Cash Flow is not equal to at least
87% of the Cumulative Business Unit Free Cash Flow Target. In calculating the percentages by which
Financial Performance exceeded or fell below the Financial Targets (and the percentages for each
award category to be added to or subtracted from the award for such category in determining the
award to be earned) the Committee will round such percentages to the nearest tenth of a percent.

     All amounts that do not so vest shall terminate automatically and without further notice upon
the Payment Date. All dollar amounts set forth herein are expressed in thousands and all
calculations of Awards payable hereunder will be based on rounding to the nearest thousand.

     Adjustments/Determination. 2010 Net Revenue and 2010 Business Unit AOCF have been calculated
as if the Company owned in 2010 the operating businesses directly or indirectly

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owned by Rainbow Media Holdings LLC on the Effective Date. Cumulative Business Unit Free Cash
Flow is based on the actual cumulative financial performance of the Company for the period from
January 1, 2011 through December 31, 2013, calculated as if the Company owned the operating
businesses which are included in the “Rainbow Media” section of the five-year plan referenced below
for all of fiscal 2011. The Incremental Net Revenue Target, Incremental Business Unit AOCF Target
and the Cumulative Business Unit Free Cash Flow Target are based on the Cablevision’s forecasts of
Rainbow Media’s performance included in Cablevison’s consolidated five-year plan presented to
Cablevison’s Board of Directors on December 16, 2010, as risk adjusted and presented to the
Compensation Committee of the Board of Directors of Cablevision on March 22, 2011. The
definitions, numbers and calculations described in this Annex 1 shall be modified by the Committee
to neutralize the impact upon the Objectives of the following items, in each case to the extent not
already contemplated by the five-year plan:

     acquisitions of businesses or planned acquisitions that are not completed (including costs for
acquisitions that are not completed);

     dispositions of businesses or discontinued businesses, in each case in a manner that
neutralizes the impact of the associated effects on corporate or other expenses that otherwise
would have been allocated to such businesses;

     investments in new business ventures or initiatives not budgeted or forecasted (as opposed to
over budget or forecast) in order to achieve new revenue opportunities or significantly improve
existing revenue opportunities;

     accelerated investment in costs associated with the renewals of Mad Men;

     position eliminations or reductions-in-force occurring in 2013, which accelerate expense and,
therefore, benefit future periods;

     disputes under or a termination of any affiliate agreement by distributors in connection with
significant litigation (including any litigation settlements);

     the imposition of any new tax, fee or surcharge by any governmental or regulatory entity
(other than those that would be billed or passed through to customers);

     changes in generally accepted accounting principles (GAAP) or in the application of GAAP
different from what was assumed in the five-year plan, provided that adjustments will be made only
to the extent the net cumulative impact of such changes results in a positive or negative variance
of greater than $2 million;

     impacts of spinoff from Cablevision, including but not limited to overhead costs, management
fees, and public company expenses; and

     acts of God, terrorism or vandalism.

The Committee may also otherwise modify the Objectives in its discretion (but, with respect to
“covered employees” subject to Section 162(m) of the Internal Revenue Code, such discretion will be
limited to decreasing the amount of an Award otherwise payable to such employee).

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No Awards shall be paid pursuant to the calculations described in this Annex 1 until the Committee
makes a final determination of the amount of the Award in accordance with this Annex 1.

-11-exv10w25

Exhibit 10.25

[Cablevision Letterhead]

June __, 2011

AMC Networks, Inc.

Rainbow Programming Holdings, LLC

11 Penn Plaza

New York, NY 10001

Gentlemen:

     This letter agreement (this “Agreement”) sets forth certain terms and conditions which have
been agreed to by and between CSC Holdings LLC (“Cablevision”), AMC Networks Inc. (“AMC”) and AMC’s
wholly-owned subsidiary, Rainbow Programming Holdings, LLC (“RPH”), with respect to the management
and prosecution of the pending lawsuit (the “Litigation”) entitled Voom HD Holdings LLC (“Voom”)
against EchoStar Satellite LLC, predecessor-in-interest to Dish Networks LLC (“EchoStar”), as
follows:

     1. Effectiveness. This Agreement shall be effective only from and after the
completion of the anticipated separation of the businesses of AMC and its subsidiaries from the
other businesses of Cablevision.

     2. Management of Litigation. AMC and RPH agree that Cablevision shall retain full
control over all aspects of the day-to-day prosecution and management of the Litigation, including,
but not limited, to, the supervision and oversight of outside counsel and the making of all
procedural and substantive decisions and the conduct of settlement discussions (subject to Section
3 below). Cablevision shall involve and consult with AMC and RPH with respect to the management of
the Litigation and any settlement discussions.

     3. Settlement. Any decision to enter into a settlement of the Litigation shall be made
jointly by the parties. AMC and RPH shall ensure that Voom does not enter into any settlement
agreement with respect to the Litigation without the prior written consent of Cablevision.

     4. Proceeds. RPH and Cablevision shall share equally in the proceeds received by RPH
from the execution upon a final judgment entered in, or a settlement of, the Litigation. RPH
agrees, subject only to the requirements of Delaware law and the provisions of the Limited
Liability Company Agreement of Voom, to cause a prompt distribution from Voom to its members of any
such proceeds, and to promptly deliver 50% of the cash proceeds received by RPH to Cablevision. To
the extent any such proceeds are received directly by RPH or AMC or any other subsidiary of AMC,
rather than as a distribution from Voom, 50% of such amount shall be promptly delivered to
Cablevision.

 

 

     To the extent that: (1) any proceeds are received by AMC, RPH or any other subsidiary of AMC
in any form of consideration other than cash, the parties shall negotiate in good faith to agree
upon a fair market value of the non-cash consideration; and/or (2) any affiliation agreement
between EchoStar or any of its affiliates and any of AMC’s networks (an “Affiliation Agreement”) is
entered into in connection with any settlement of the Litigation, the parties shall negotiate in
good faith to determine what portion of the overall value of such Affiliation Agreement(s) is
attributable to the settlement. In either case, the parties agree that: (i) Cablevision shall
first receive its share of the total value of the settlement (including cash and non-cash
consideration) from the cash consideration paid in the settlement, and shall only receive a portion
of the non-cash consideration to the extent that the cash consideration paid in the settlement is
less than Cablevision’s share of the total value of the settlement, in which case such amounts will
be paid to Cablevision in cash; and (ii) AMC shall pay any such amounts related to an Affiliation
Agreement only as and when it actually receives the payments under such Affiliation Agreement(s)
from EchoStar or its applicable affiliate. If the parties are unable to agree on such fair market
value or the value of an Affiliation Agreement attributable to the settlement, as applicable, they
shall discuss in good faith the establishment of a mediation or arbitration process to determine
the fair market value.

     5. Expenses. Any legal fees and expenses in excess of the currently budgeted amounts
for the remainder of 2011, regardless of whether incurred in 2011 or at any time thereafter, shall
be borne equally by AMC/RPH and Cablevision. Each party shall bear its own internal costs incurred
in connection with the Litigation.

     6. Shared Privilege. The parties recognize that legal and other professional
services related to the Litigation have been and will be rendered for the benefit of each of the
parties hereto and their respective affiliates and that each party hereto and its respective
affiliates should be deemed to be the client for the purposes of asserting all privileges in
connection with the Litigation which may be asserted under applicable law. The parties agree that
they shall have a shared privilege with respect to the Litigation, with equal right to assert or
waive the privilege. No party may waive any such privilege without the prior written consent of the
other party, which consent shall not be unreasonably withheld or delayed. If a dispute arises
between or among the parties or regarding whether a privilege should be waived to protect or
advance the interest of any party, each party agrees that it shall negotiate in good faith and
shall endeavor to minimize any prejudice to the rights of the other parties. Upon receipt by any
party of any subpoena, discovery or other request which arguably calls for the production or
disclosure of information subject to a shared privilege, such party shall promptly notify the other
parties of the existence of the request and shall provide the other parties a reasonable
opportunity to review the information and to assert any rights it or they may have under this
Section 6 or otherwise to prevent the production or disclosure of such privileged information.

     7.
Further
Cooperation. At the request of Cablevision, RPH shall cause Voom
to execute and deliver any and all pleadings, filings, notices, letters or other documents required
with respect to the Litigation and any agreed-upon settlement of the Litigation.

 

 

In addition, AMC and RPH shall cooperate fully in connection with the Litigation (including
the defense of any counter-claims by EchoStar).

     8. General
Provisions. All notices and other communications hereunder shall be in
writing, shall reference this Agreement and shall be hand delivered or mailed by registered or
certified mail (return receipt requested) to the applicable General Counsel and will be deemed
given on the date on which such notice is received.

     This Agreement shall constitute the entire agreement between the parties with respect to the
subject matter hereof and shall supersede all commitments and writings with respect to such subject
matter that are as of a date prior to the date of this Agreement. In the event of any
inconsistency between this Agreement, this Agreement shall prevail.

     This Agreement may not be modified or amended except by an agreement in writing signed by each
of the parties.

     This Agreement shall not be assignable, in whole or in part, by any party without the prior
written consent of the other parties, and any attempt to assign any rights or obligations arising
under this Agreement without such consent shall be void; provided that any party may assign
this Agreement to a purchaser of all or substantially all of the properties and assets of such
party so long as such purchaser (i) acquires and assumes all of the transferring party’s rights and
obligations in the Litigation and (ii) assumes all of the obligations of the transferring party
hereunder. The provisions of this Agreement shall be binding upon, inure to the benefit of and be
enforceable by the parties and their respective successors and permitted assigns.

     This Agreement is solely for the benefit of the parties and shall not be deemed to confer upon
any other person any remedy, claim, liability, reimbursement, claim of action or other right in
excess of those existing without reference to this Agreement.

     This Agreement shall be governed by and construed in accordance with the laws of the State of
New York applicable to contracts made and to be performed in the State of New York.

     Each party shall keep secret and retain in the strictest confidence and shall not disclose to
any third party any of the terms of this Agreement, except as required by law or legal process
(including in connection with the Litigation) or to enforce its rights hereunder.

 

 

     Please confirm your acceptance of and agreement to the foregoing by executing this Agreement
in the space provided below and returning an executed copy to the undersigned.

	 	 	 	 	 

	 	 	Sincerely,
	 
	 	 	 	 
	 	 	CSC HOLDINGS, LLC
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 

AGREED AND ACCEPTED:

AMC NETWORKS, INC.

	 	 	 	 	 

	By:
	 	 	 	 
	Name:

	 	 

Joshua W. Sapan
	 	 
	Title:

	 	President and Chief Executive Officer	 	 

RAINBOW PROGRAMMING HOLDINGS, LLC

	 	 	 	 	 

	By:
	 	 	 	 
	Name:

	 	 

	 	 
	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00190-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00190-of-00352.parquet"}]]