Document:

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                                                                   EXHIBIT 10.18

                              EMPLOYMENT AGREEMENT

                  THIS AGREEMENT (the "Agreement") is made as of the 4th day of
March, 2003, by and between NTL Incorporated, a Delaware corporation (the
"Company"), and Howard Kalika (the "Executive").

                  WHEREAS, the Company wishes to employ the Executive effective
as of March 3, 2003 (the "Effective Date"); and

                  WHEREAS, the Executive wishes to accept such employment and to
render services to the Company on the terms and conditions set forth herein.

                  NOW, THEREFORE, in consideration of the mutual covenants
contained herein, the parties hereto agree as follows:

         1.       Effectiveness. This Agreement shall become effective as of the
Effective Date.

         2.       Employment Term.

                  (a)      The term of the Executive's employment pursuant to
this Agreement (the "Employment Term") shall commence as of the Effective Date
and shall end on June 30, 2005, unless the Employment Term terminates earlier
pursuant to Section 7 of this Agreement. The Employment Term may be extended by
mutual agreement of the Company and the Executive; provided, that the Company
shall give the Executive at least 60 days' notice prior to June 30, 2005 if it
does not intend to seek an extension of the Employment Term.

                  (b)      Title, Duties. The Executive shall join the Company's
Finance Group and perform such duties, services and responsibilities as are
reasonably requested from time to time by the Board of Directors of the Company
(the "Board") and normal and customary for such position until such time as he
is appointed Finance Director; at which time he shall perform such duties,
services and responsibilities as are reasonably requested from time to time by
the Board

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and normal and customary for the Finance Director position. During the
Employment Term, the Executive shall be based in either the United States or the
United Kingdom, as agreed by the Executive and the Chief Executive Officer. The
Executive agrees that he may be seconded to the United Kingdom for some portion
or the entire duration of this Agreement.

                  During the Employment Term, the Executive shall devote
substantially all of his time to the performance of the Executive's duties
hereunder. During the Employment Term, the Executive will not, without the prior
written approval of the Board, engage in any other business activity which
interferes in any material respect with the performance of the Executive's
duties hereunder or which is in violation of written policies established from
time to time by the Company. Nothing contained in this Agreement shall preclude
the Executive from devoting a reasonable amount of time and attention during the
Employment Term to (i) serving, with the prior approval of the Board, as a
director, trustee or member of a committee of any for-profit organization; (ii)
engaging in charitable and community activities; and (iii) managing personal and
family investments and affairs, so long as any activities of the Executive which
are within the scope of clauses (i), (ii) and (iii) of this Section 2(b) do not
interfere in any material respect with the performance of the Executive's duties
hereunder.

         3.       Monetary Remuneration.

                  (a)      Base Salary. During the Employment Term, in
consideration of the performance by the Executive of the Executive's obligations
hereunder to the Company and its parents, subsidiaries, affiliates and joint
ventures (collectively, the "Company Affiliated Group") in any capacity
(including any services as an officer, director, employee, member of any Board
committee or management committee or otherwise), the Company shall pay to the
Executive an annual salary of L220,000 (the "Base Salary"). The Base Salary
shall be payable in accordance

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with the normal payroll practices of the Company in effect from time to time for
senior management generally; provided that the Executive may designate at one
time each year a percentage of cash compensation, not yet paid, to be paid in
U.S. Dollars, with the exchange rate set on the date that such designation is
made by reference to the noon buying rate as quoted by the Federal Reserve Bank
of New York. If the Executive provides services to members of the Company
Affiliated Group other than the Company, no additional compensation shall be
paid by any such member to the Executive, and any compensation for such services
(if any) shall be paid to the Company.

                  (b)      Annual Cash Bonus. During each fiscal year of the
Company that the Employment Term is in effect, the Executive shall be eligible
to earn a cash bonus in the sole discretion of the Board of up to 75% of the
Executive's Base Salary (prorated for any partial fiscal year, except 2003) (the
"Annual Cash Bonus").

                  (c)      Ex-Pat Package. During the Employment Term and for
any period during which the Executive is required by the Company to be in the
United Kingdom, Executive and his family shall have the right to receive the
benefits of the Company's standard ex-patriot benefits package (as applied to
comparable New York based employees of the Company) for the duration of any time
Executive lives in England, but in any event, such benefits will be consistent
with the terms set forth in Appendix A hereto. Tax equalization for the
Executive shall be consistent with NTL tax equalization policy, attached as
Appendix C hereto, and incorporated by reference.

                  (d)      Existing Household Reimbursement. In the event that
the home currently owned by the Executive (the "Existing Household") is not sold
prior to the date six months following the Effective Date, the Company shall
reimburse the Executive for all carrying costs of

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the Existing Household from such date until the earlier of (x) the date the
Existing Household is sold, or (y) the first anniversary of the Effective Date.

         4.       Equity-Based Compensation.

                  (a)      During the Employment Term, the Executive shall be
eligible to receive options to purchase common stock of the Company in addition
to the options described on Appendix B at such exercise prices, schedules as to
exercisability and other terms and conditions as determined in the sole
discretion of the Board.

         5.       Benefits.

                  (a)      During the Employment Term, the Executive shall be
entitled to participate in all of the employee benefit plans, programs, policies
and arrangements (including fringe benefit and executive perquisite programs and
policies) made available by the Company to, or for the benefit of, its executive
officers in accordance with the terms thereof as they may be in effect from time
to time.

                  (b)      Reimbursement of Expenses. During the Employment
Term, the Company shall reimburse the Executive for all reasonable business
expenses incurred by the Executive in carrying out the Executive's duties,
services and responsibilities under this Agreement, so long as the Executive
complies with the general procedures of the Company for submission of expense
reports, receipts or similar documentation of such expenses applicable to senior
management generally. Without limiting the generality or effect of any other
provision hereof the Executive shall have the right to reimbursement, upon
submission of customary substantiating documentation, of reasonable attorney's
fees in connection with the negotiation and execution of this Employment
Agreement.

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         6.       Vacations. For each whole and partial calendar year during the
Employment Term, the Executive shall be entitled to 4 weeks of paid vacation
(prorated for any partial calendar year, except for calendar year 2003), to be
credited and taken in accordance with the Company's policy as in effect from
time to time for its similarly situated executives.

         7.       Termination; Severance.

                  (a)      Termination of Employment. The Company may terminate
the employment of the Executive without Cause upon 30 days' notice to the
Executive. In addition, the employment of the Executive shall automatically
terminate as of the date on which the Executive dies or is Disabled. For
purposes of this Agreement, the Executive shall be "Disabled" as of any date if,
as of such date, the Executive has been unable, due to physical or mental
incapacity, to substantially perform the Executive's duties, services and
responsibilities hereunder either for a period of at least 180 consecutive days
or for at least 270 days in any consecutive 365-day period, whichever may be
applicable. Upon termination of the Executive's employment because the Executive
dies or is Disabled, the Company shall provide the Executive (or the Executive's
estate, if applicable) with death or disability benefits (as applicable)
pursuant to the plans, programs, policies and arrangements of the Company as are
then in effect with respect to executive officers. In addition, upon any
termination of the Executive's employment during the Employment Term, the
Company shall pay the Executive any earned but unpaid portion of the Base Salary
and Annual Cash Bonus. Immediately following termination of the Executive's
employment for any reason, the Employment Term shall terminate.

                  (b)      Termination Without Cause; Constructive Termination
Without Cause. Upon a Termination Without Cause or a Constructive Termination
Without Cause, the Company shall, as soon as practicable following the
Executive's execution and delivery to the Company of

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the general release of claims set forth in Section 7(f), pay the Executive a
lump-sum severance payment of cash equal to the product of the Base Salary times
3.

                  (c)      Termination upon Non-Renewal of the Employment Term.
If (i) the Employment Term shall end on June 30, 2005, (ii) the Executive's
employment shall terminate on or after July 1, 2005 and on or prior to July 15,
2005 and such termination is not a termination by the Company for Cause or by
reason of the Executive having died or become Disabled and (iii) the Executive
is not, on the date of termination, a party to an employment agreement with the
Company that the parties agree therein is a successor to this Agreement, then
the Company shall, as soon as practicable following the Executive's execution
and delivery to the Company of the general release set forth in Section 7(f),
pay the Executive a lump-sum severance payment of cash equal to the product of
the Base Salary times 2. Notwithstanding the foregoing, a non-renewal of the
Employment Term during the period commencing on the date of a Change in Control
and ending on the first anniversary thereof shall be a Constructive Termination
Without Cause as provided in Section 7(b) hereof.

                  (d)      Upon a termination of the Executive's employment by
the Company for Cause, the Executive shall be entitled to earned but unpaid Base
Salary and benefits through the date of termination, and the Executive shall not
be entitled to any other payments or benefits.

                  (e)      Upon any termination of the Executive's employment
other than by the Company for Cause, the Executive and his family shall be
entitled to continued medical benefits under (and in accordance with the terms
of) the Company's benefit plans for 1 year from the date of termination.

                           For purposes of this Agreement:

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                           (i)      A "Constructive Termination Without Cause"
means a termination of the Executive's employment during the Employment Term by
the Executive following the occurrence of any of the following events without
the Executive's prior consent: (A) failure to continue the Executive as the
Company's Finance Director (excluding a promotion); (B) any material diminution
in the Executive's working conditions or authority, responsibilities or
authorities; (C) assignment to the Executive of duties that are inconsistent, in
a material respect, with the scope of duties and responsibilities associated
with his position as described; (D) any materially adverse change in the
reporting structure applicable to the Executive (but not including a change in
the person filling the position to which the Executive reports); (E) failure to
grant the Executive, during the 2003 fiscal year, the options set forth on
Appendix B hereto; (F) failure of the Board to elect the Executive to be an
officer of the Company within three months of the Effective Date; (G) the
failure of the Company to maintain commercially reasonable directors' and
officers' liability insurance; or (H) a Change in Control occurs and the
Executive is Terminated Without Cause during the period commencing on the date
of the Change in Control and ending on the first anniversary thereof. For
purposes of this Agreement, a "Change in Control" is defined in Appendix E
attached hereto, and incorporated by reference. The Executive shall give the
Company 10 days' notice of the Executive's intention to terminate the
Executive's employment and claim that a Constructive Termination Without Cause
(as defined in (A), (B), (C), (D), (E), (G) or (H) above) has occurred, and such
notice shall describe the facts and circumstances in support of such claim in
reasonable detail. The Company shall have 10 days thereafter to cure such facts
and circumstances if possible.

                           (ii)     A "Termination Without Cause" means a
termination of the Executive's employment during the Employment Term by the
Company other than for Cause.

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                           (iii)    "Cause" means (x) the Executive is convicted
of, or pleads guilty or nolo contendere to, a felony or to any crime involving
fraud, embezzlement or breach of trust; (y) the willful and continued failure of
the Executive to perform the Executive's duties hereunder (other than as a
result of physical or mental illness); or (z) in carrying out the Executive's
duties hereunder, the Executive has engaged in conduct that constitutes gross
neglect or willful misconduct, unless the Executive believed in good faith that
such conduct was in, or not opposed to, the best interests of the Company and
each member of the Company Affiliated Group. The Company shall give the
Executive 10 days' notice of the Company's intention to terminate the
Executive's employment and claim that facts and circumstances constituting Cause
exist, and such notice shall describe the facts and circumstances in support of
such claim. The Executive shall have 10 days thereafter to cure such facts and
circumstances if possible. If the Board reasonably concludes that the Executive
has not cured such facts or circumstances within such time, Cause shall not be
deemed to have been established unless and until the Executive has received a
hearing before the Board (if promptly requested by the Executive) and a majority
of the Board within 10 days of the date of such hearing (if so requested)
reasonably confirms the existence of Cause and the termination of the Executive
therefor. If the Executive is a member of the Board, the Executive hereby
recuses himself or herself from the deliberations and vote of the Board at such
subsequent meeting.

                  (f)      Release; Full Satisfaction. Notwithstanding any other
provision of this Agreement, no severance pay shall become payable under this
Agreement unless and until the Executive executes a general release of claims in
form and manner reasonably satisfactory to the Company and substantially similar
to Appendix D, and such release has become irrevocable; provided, that the
Executive shall not be required to release any indemnification rights,

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continuing rights to benefits under the Company's employee benefit plans, or
rights to future payments or benefits under this Agreement. The payments to be
provided to the Executive pursuant to this Section 7 upon termination of the
Executive's employment shall constitute the exclusive payments in the nature of
severance or termination pay or salary continuation which shall be due to the
Executive upon a termination of employment and shall be in lieu of any other
such payments under any plan, program, policy or other arrangement which has
heretofore been or shall hereafter be established by any member of the Company
Affiliated Group.

                  (g)      Resignation as a Director. Upon termination of the
Executive's employment for any reason, the Executive shall be deemed to have
resigned from the Board and from all other boards of, and other positions with,
any member of the Company Affiliated Group, as applicable.

                  (h)      Cooperation Following Termination. Following
termination of the Executive's employment for any reason, the Executive agrees
to reasonably cooperate with the Company upon the reasonable request of the
Board and to be reasonably available to the Company with respect to matters
arising out of the Executive's services to any member of the Company Affiliated
Group. The Company shall reimburse or, at the Executive's request, advance the
Executive for expenses reasonably incurred in connection with such matters.

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

         9.       Executive's Covenants.

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                  (a)      Confidentiality. The Executive agrees and understands
that the Executive has been, and in the Executive's position with the Company
the Executive will be, exposed to and receive information relating to the
confidential affairs of the Company Affiliated Group, including, but not limited
to, technical information, business and marketing plans, strategies, customer
(or potential customer) information, other information concerning the products,
promotions, development, financing, pricing, technology, inventions, expansion
plans, business policies and practices of the Company Affiliated Group, whether
or not reduced to tangible form, and other forms of information. considered by
the Company Affiliated Group to be confidential and in the nature of trade
secrets. The Executive will not knowingly disclose such information, either
directly or indirectly, to any person or entity outside the Company Affiliated
Group without the prior written consent of the Company; provided, however, that
(i) the Executive shall have no obligation under this Section 9(a) with respect
to any information that is or becomes publicly known other than as a result of
the Executive's breach of the Executive's obligations hereunder and (ii) the
Executive may (x) disclose such information to the extent he determines that so
doing is reasonable or appropriate in the performance of the Executive's duties
or, (y) after giving prior notice to the Company to the extent practicable,
under the circumstances, disclose such information to the extent required by
applicable laws or governmental regulations or by judicial or regulatory
process. Upon termination of the Executive's employment, the Executive shall
promptly supply to the Company all property, keys, notes, memoranda, writings,
lists, files, reports, customer lists, correspondence, tapes, disks, cards,
surveys, maps, logs, machines, technical data and any other tangible product or
document which has been produced by, received by or otherwise submitted to the
Executive in the course of or otherwise in connection with the Executive's
services to the Company Affiliated Group during or prior to the Employment Term.

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                  (b)      Non-Competition and Non-Solicitation. During the
period commencing upon the Effective Date and ending on the 18-month anniversary
of the termination of the Executive's employment with the Company, the Executive
shall not, as an employee, employer, stockholder, officer, director, partner,
associate, consultant or other independent contractor, advisor, proprietor,
lender, or in any other manner or capacity (other than with respect to the
Executive's services to the Company Affiliated Group), directly or indirectly:

                           (i)      perform services for, or otherwise have any
involvement with, a business unit of a person, where such business unit competes
directly or indirectly with any member of the Company Affiliated Group by owning
or operating (x) broadband communications networks for telephone, cable
television or internet services or (y) transmission networks for television and
radio broadcasting, in each case principally in the United Kingdom or Ireland
(the "Core Business"); provided, however, that this Agreement shall not prohibit
the Executive from owning up to 1% of any class of equity securities of one or
more publicly traded companies;

                           (ii)     hire any individual who is, or within the 12
months prior to the Executive's termination was, an employee of any member of
the Company Affiliated Group whose base salary at the time of hire exceeded
$100,000 per year; or

                           (iii)    solicit, in competition with any member of
the Company Affiliated Group in the Core Businesses, any business, or order of
business from any person that the Executive knows was a current or prospective
customer of any member of the Company Affiliated Group during the Executive's
employment.

                  (c)      Proprietary Rights. The Executive assigns all of the
Executive's interest in any and all inventions, discoveries, improvements and
patentable or copyrightable works

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

                  (d)      Acknowledgment. The Executive expressly recognizes
and agrees that the restraints imposed by this Section 9 are reasonable as to
time and geographic scope and are not oppressive. The Executive further
expressly recognizes and agrees that the restraints imposed by this Section 9
represent a reasonable and necessary restriction for the protection of the
legitimate interests of the Company Affiliated Group, that the failure by the
Executive to observe and comply with the covenants and agreements in this
Section 9 will cause irreparable harm to the Company Affiliated Group, that it
is and will continue to be difficult to ascertain the harm and damages to the
Company Affiliated Group that such a failure by the Executive would cause, that
the consideration received by the Executive for entering into these covenants
and agreements is fair, that the covenants and agreements and their enforcement
will not deprive the Executive of an ability to earn a reasonable living, and
that the Executive has acquired knowledge and skills in this field that will
allow the Executive to obtain employment without violating these covenants and
agreements. The Executive further expressly acknowledges that the Executive has
consulted

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independent counsel, and has reviewed and considered this Agreement with that
counsel, before executing this Agreement.

         10.      Indemnification.

                  (a)      The Company shall indemnify the Executive against,
and save and hold the Executive harmless from, any damages, liabilities, losses,
judgments, penalties, fines, amounts paid or to be paid in settlement, costs and
reasonable expenses (including, but not limited to, attorneys' fees and
expenses), resulting from, arising out of or in connection with any threatened,
pending or completed claim, action, proceeding or investigation (whether civil
or criminal) against or affecting the Executive by reason of the Executive's
service from and after the Effective Date as an officer, director or employee
of, or consultant to, any member of the Company Affiliated Group, or in any
capacity at the request of any member of the Company Affiliated Group, or an
officer, director or employee thereof, in or with regard to any other entity,
employee benefit plan or enterprise (other than arising out of the Executive's
acts of misappropriation of funds or actual fraud). In the event the Company
does not compromise or assume the defense of any indemnifiable claim or action
against the Executive, the Company shall promptly pay to the Executive to the
extent permitted by applicable law all costs and expenses incurred or to be
incurred by the Executive in defending or responding to any claim or
investigation in advance of the final disposition thereof; provided, however,
that if it is ultimately determined by a final judgment of a court of competent
jurisdiction (from whose decision no appeals may be taken, or the time for
appeal having lapsed) that the Executive was not entitled to indemnity
hereunder, then the Executive shall repay forthwith all amounts so advanced. The
Company may not agree to any settlement or compromise of any claim against the
Executive, other than a settlement or compromise solely for monetary damages for
which the Company

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shall be solely responsible, without the prior written consent of the Executive,
which consent shall not be unreasonably withheld. This right to indemnification
shall be in addition to, and not in lieu of, any other right to indemnification
to which the Executive shall be entitled pursuant to the Company's Certificate
of Incorporation or By-laws or otherwise.

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

         11.      Certain Additional Payments by the Company.

                  Anything in this Agreement to the contrary notwithstanding, in
the event that it is determined (as hereafter provided) that any payment (other
than the Gross-Up payments provided for in this Section 11) or distribution by
the Company or any of its affiliates to or for the benefit of the Executive,
whether paid or payable or distributed or distributable pursuant to the terms of
this Agreement or otherwise pursuant to or by reason of any other agreement,
policy, plan, program or arrangement, including without limitation any stock
option, performance share, performance unit, stock appreciation right or similar
right, or the lapse or termination of any restriction on or the vesting or
exercisability of any of the foregoing (a "Payment"), would be subject to the
excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as
amended (the "Code") (or any successor provision thereto) by reason of being
considered "contingent on a change in ownership or control" of the Company,
within the meaning of Section 280G of the Code (or any successor provision
thereto) or to any similar tax imposed by state or local law, or any interest or
penalties with respect to such tax (such tax or taxes, together with any such
interest and penalties, being hereafter collectively referred to as the "Excise
Tax"), then the Executive will be entitled to receive an additional payment or
payments (collectively, a "Gross-Up Payment"). The Gross-Up Payment

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will be in an amount such that, after payment by the Executive of all taxes
(including any interest or penalties imposed with respect to such taxes),
including any Excise Tax imposed upon the Gross-Up Payment, the Executive
retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon
the Payment. For purposes of determining the amount of the Gross-Up Payment, the
Executive will be considered to pay (x) federal income taxes at the highest rate
in effect in the year in which the Gross-Up Payment will be made and (y) state
and local income taxes at the highest rate in effect in the state or locality in
which the Gross-Up Payment would be subject to state or local tax, net of the
maximum reduction in federal income tax that could be obtained from deduction of
such state and local taxes.

         12.      Miscellaneous.

                  (a)      Non-Waiver of Rights. The failure to enforce at any
time the provisions of this Agreement or to require at any time performance by
the other party of any of the provisions hereof shall in no way be construed to
be a waiver of such provisions or to affect either the validity of this
Agreement or any part hereof, or the right of either party to enforce each and
every provision in accordance with its terms. No waiver by either party hereto
at any time of any breach by the other party hereto of, or compliance with, any
condition or provision of this Agreement to be performed by such other party
shall be deemed a waiver of similar or dissimilar conditions or provisions at
that time or at any prior or subsequent time.

                  (b)      Notices. All notices required or permitted hereunder
will be given in writing, by personal delivery, by confirmed facsimile
transmission (with a copy sent by express delivery) or by express next-day
delivery via express mail or any reputable courier service, in each case
addressed as follows (or to such other address as may be designated):

                  If to the Company:           110 East 59th Street
                                               New York, NY 10022

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                                               Attention: Secretary
                                               Fax: (212) 906-8497

                  If to the Executive:         Howard Kalika

Notices that are delivered personally, by confirmed facsimile transmission, or
by courier as aforesaid, shall be effective on the date of delivery.

                  (c)      Binding Effect: Assignment. This Agreement shall
inure to the benefit of and be binding upon the parties hereto and their
respective heirs, executors, personal representatives, estates, successors
(whether direct or indirect, by purchase, merger, consolidation, reorganization
or otherwise) and assigns. Notwithstanding the provisions of the immediately
preceding sentence, the Executive shall not assign all or any portion of this
Agreement without the prior written consent of the Company.

                  (d)      Withholding. The Company shall withhold or cause to
be withheld from any payments made pursuant to this Agreement all federal,
state, city or other taxes as shall be required to be withheld pursuant to any
law or governmental regulation or ruling.

                  (e)      Entire Agreement. This Agreement constitutes the
complete understanding between the parties with respect to the Executive's
employment and supersedes any other prior oral or written agreements,
arrangements or understandings between the Executive and any member of the
Company Affiliated Group. Without limiting the generality of the Plan or Section
11 of this Agreement or this Section 12(e), effective as of the Effective Date,
this Agreement supersedes any existing employment, retention, severance and
change-in-control agreements or similar arrangements or understandings
(collectively, the "Prior Agreements") between the Executive and the Company and
any member of the Company Affiliated Group, and any and all claims under or in
respect of the Prior Agreements that the Executive may have or assert on or
following the Effective Date shall be governed by and completely satisfied and

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discharged in accordance with the terms and conditions of this Agreement. No
agreements or representations, oral or otherwise, express or implied, with
respect to the subject matter hereof have been made by either party that are not
set forth expressly in this Agreement.

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

                  (g)      Governing Law, Etc. This Agreement shall be governed
by and construed in accordance with the internal laws of the State of Delaware,
without reference to the principles of conflict of laws. Any proceeding based
upon or arising out of this Agreement may be brought only in a federal or state
court in New York City.

                  The Company will reimburse or, at the option of the Executive,
advance in either case within five business days of submission of copies of
invoices therefor, all costs and expenses that the Executive may incur for
legal, tax or other advice relating to the interpretation or enforcement of this
Agreement or the effect thereof upon the Executive. In light of the disparity of
resources between the Company and the Executive and in order to induce the
Executive to become a senior manager of the Company in the first instance, the
Company expressly agrees to make or pay such reimbursements or advances
regardless of the outcome thereof or of any claim or proceeding relating
thereto, including without limitation if the Executive is unsuccessful in a
proceeding in respect thereof, and that such amounts will be paid as herein
provided on an as-incurred basis, regardless of the status of any claim or
proceeding relating thereto or otherwise.

                  (h)      Modifications. Neither this Agreement nor any
provision hereof may be modified, altered, amended or waived except by an
instrument in writing duly signed by the party to be charged.

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                  (i)      Number and Headings. Whenever any words used herein
are in the singular form, they shall be construed as though they were also used
in the plural form in all cases where they would so apply. The headings
contained herein are solely for purposes of reference, are not part of this
Agreement and shall not in any way affect the meaning or interpretation of this
Agreement.

                  (j)      Counterparts. This Agreement may be executed in 2 or
more counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument.

                            (signature page follows)

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                  IN WITNESS WHEREOF, the Company has caused this Agreement to
be executed, and the Executive has executed this Agreement as of the day and
year first above written, in each case effective as of the Effective Date.

                                                 NTL Incorporated

                                                 By  Richard J. Lubasch
                                                     --------------------------
                                                     Its EVP

                                                         /s/ Howard Kalika
                                                 ------------------------------
                                                 Howard Kalika

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                                                                      APPENDIX A

                        TERM SHEET FOR EX-PAT ASSIGNMENT

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
                   INDIVIDUAL                                                HOWARD KALIKA
----------------------------------------------------------------------------------------------------------
<S>                                                          <C>
I)     Status                                                U.S. EE Seconded at the time of hire for
                                                             purposes of these provisions
----------------------------------------------------------------------------------------------------------
II)    Term                                                  Not to Exceed the term of the employment
                                                             contract
----------------------------------------------------------------------------------------------------------
III)   Benefits
----------------------------------------------------------------------------------------------------------
       A)     Excluded from tax equalization (i.e.
benefits are paid at this level net of any tax
obligation - executive does not pay tax
obligations).
----------------------------------------------------------------------------------------------------------
Housing Allowance                                            L 1650/wk
----------------------------------------------------------------------------------------------------------
School Allowance                                             50% of tuition and other reasonably related
                                                             expenses
----------------------------------------------------------------------------------------------------------
Auto Allowance                                               L 700/month
----------------------------------------------------------------------------------------------------------
Travel Allowance(1)                                          1 R.T. Ticket per family member annually
----------------------------------------------------------------------------------------------------------
Health Insurance                                             CIGNA Int'l with supplemental U.S. Coverage
----------------------------------------------------------------------------------------------------------
Tax Preparation                                              Per NTL Policy
----------------------------------------------------------------------------------------------------------
Relocation                                                   Per NTL Policy
UK Club dues                                                 For local Health Club
----------------------------------------------------------------------------------------------------------
IV)    Tax Equalization(2)                                   Per NTL Policy
----------------------------------------------------------------------------------------------------------
V)     Other                                                 N/A
----------------------------------------------------------------------------------------------------------
</TABLE>

(1) Utilizing full unrestricted coach fares from Chicago to London payable at
the time of hire for 2003 and annually thereafter

(2) Tax equalization based upon Illinois State hypo tax.

                                       20
<PAGE>

                                                                      Appendix B

Stock Options under NTL Incorporated 2003 Stock Option Plan ("Plan")

OPTIONS GRANTED ON THE EFFECTIVE DATE:

75,000 options; granted 20% immediately, 20% on each of 3/31/03, 6/30/03,
9/30/03, 12/31/03. Strike Price of initial grant is $15.00 and of subsequent
grants as determined by compensation committee; vests 1/3 on each anniversary
date of issuance. Upon any termination vested options must be exercised within
three months of the termination date.

Other Terms

         Options will have a ten-year total term. Options vesting will
         accelerate on an Acceleration Event as defined in the Plan.

                                       21
<PAGE>

                         NTL DIGITAL US INC CORPORATION

                    TAX & SOCIAL SECURITY EQUALISATION POLICY

A.       OBJECTIVE

         A TAX & SOCIAL SECURITY EQUALISATION POLICY has been established for
         employees on foreign assignment, as an employee's actual tax liability
         will be different from what it would have been in the home country.
         (This is because expatriate allowances and reimbursements may be
         taxable in the foreign country; the employee is also likely to remain
         subject to home country taxes).

         This policy ensures that an expatriate's total tax burden will
         approximate to that of an NTL DIGITAL US INC employee working in the US
         with comparable NTL DIGITAL US INC income, personal income,
         adjustments, deductions and exemptions, irrespective of host (i.e.,
         assignment) country.

         By equalising income tax and social security costs for its expatriates,
         NTL DIGITAL US INC intends that each expatriate shall fully comply with
         the tax filing and payment requirements imposed by the taxing
         authorities in his country of assignment and by his home country.
         Assistance will be provided to the expatriate by an international tax
         consulting firm in order to meet these tax return filing requirements.

B.       REPORTING OBLIGATIONS

         NTL DIGITAL US INC requires that all employees be familiar and comply
         fully with all applicable national and local laws. In connection with
         tax and social security matters, the following guidelines ensure that
         NTL DIGITAL US INC and its expatriates will fully comply with worldwide
         income tax and social security requirements.

         -        NTL DIGITAL US INC regards compliance with worldwide income
                  tax and social security requirements as a mandatory obligation
                  of each expatriate.

         -        An expatriate must conduct himself at all times so as to avoid
                  charges of fiscal evasion or abuse, or of violation of local
                  law, which could jeopardize in any way his standing personally
                  or as a representative of NTL DIGITAL US INC.

         -        An expatriate is expected to exercise care and attention in
                  minimising his liability for worldwide income taxes and social
                  security contributions in accordance with appropriate
                  principles of fiscal planning. An expatriate must co-operate
                  with NTL DIGITAL US INC to ensure that his tax returns are
                  filed in such a manner as to produce the lowest possible tax
                  permitted by law.

         Each expatriate is required to report taxable income and pay income
         taxes to the taxing authorities which have jurisdiction during the
         period of his International Assignment. The income tax and social
         security contributions to be paid by each expatriate will be governed
         by the fiscal laws and regulations under which the authorities operate.

<PAGE>

C.       TAX RETURN PREPARATION ASSISTANCE

         It is the responsibility of each expatriate to ensure that the proper
         income tax returns are filed when due. NTL DIGITAL US INC has engaged
         an international tax consulting firm to assist expatriate employees in
         meeting this obligation. The fee for such services will be borne by NTL
         DIGITAL US INC.

         Tax returns prepared by the international tax consulting firm will be
         kept confidential by them.

D.       IMPLEMENTATION OF TAX EQUALISATION

         NTL DIGITAL US INC will continue to withhold actual US Social Security
         Taxes from the base salary of a US citizen or green-card holder during
         an International Assignment, subject to maximum statutory limitations.

         As noted above, under the NTL DIGITAL US INC TAX & SOCIAL SECURITY
         EQUALISATION POLICY, each expatriate will have a total income tax
         burden approximately equal to that of an NTL DIGITAL US INC employee
         working in the US with comparable income, adjustments, deductions and
         exemptions.

         This is achieved by calculating a hypothetical tax liability and
         subtracting this amount from the expatriate's base salary during the
         year.

         Having reduced base salary by a retained hypothetical US income tax,
         NTL DIGITAL US INC will assume responsibility for paying the
         expatriate's actual worldwide income tax liability as well as his
         actual local social tax, if any.

         After the close of the year, and after an expatriate's US Federal (and
         State, if required) income tax return has been filed, the international
         tax consulting will prepare a year-end reconciliation. The "retailed
         hypothetical US income tax" will be adjusted, to reflect actual income
         and deductions in place of estimated amounts used at the beginning of
         the year. This reconciliation will be the basis of a final settlement
         between NTL DIGITAL US INC and the expatriate of that year's income tax
         reimbursement.

         1.       HYPOTHETICAL US INCOME TAX (RETAINED FROM PAY)

                  Hypothetical tax represents an estimate of the expatriate's US
                  Federal and Illiniois State tax obligations on his or her
                  projected taxable income. This will be calculated using actual
                  filing status, current dependency exemptions and tax rates for
                  the taxable year. NTL DIGITAL US INC has agreed to calculate
                  hypothetical State tax based on Illinois rates, since this is
                  where payroll is maintained, irrespective of an individual's
                  `home' state prior to accepting overseas assignment.

                  Income to be included in the hypothetical tax calculations is
                  as follows:

                           -        base salary

                                       2
<PAGE>

                           -        bonus

                           -        group term life

                           -        personal passive (investment) income

                  If married, passive income of expatriate's spouse will also be
                  included. Subject to the specific exception below, spousal
                  salary or other earned income, however, is specifically
                  excluded from the Hypothetical calculation. Rationale: spouse
                  is eligible to elect Sec.911 foreign earned income exclusion
                  in their own right. This, plus credit for foreign taxes paid
                  on foreign source wages, should result in no incremental US
                  tax being due on such income. Spouse remains personally liable
                  for all foreign income and social security taxes due.

                  In arriving at hypothetical taxable income, deductions will be
                  available for:

                           -        actual amounts claimed on Federal income tax
                                    return to arrive at adjusted gross income

                           -        actual itemised deductions per Federal
                                    return, excluding moving expenses.

                           -        mortgage interest and real estate taxes paid
                                    per Federal Schedule A or, if home is sold
                                    during overseas assignment, the amounts
                                    deductible in last complete tax year prior
                                    to sale.

                           -        credit will be given for hypothetical
                                    Illinois State taxes calculated, if this
                                    figure is higher than actual taxes claimed
                                    in Federal return.

                  The hypothetical US income tax retained from pay may be
                  changed by NTL DIGITAL US INC during the course of a year
                  whenever there is a change in the expatriate's base salary,
                  401(k) contribution, or other NTL DIGITAL US INC
                  income/related deductions, or a change in filing status or
                  number of dependants. Also, upon notification and verification
                  of US itemised deductions and deductible losses and
                  adjustments such as US rental losses and alimony, NTL DIGITAL
                  US INC may reduce the retailed hypothetical tax to give the
                  expatriate current tax benefit. Conversely, NTL DIGITAL US INC
                  may increase the retailed hypothetical tax in order to collect
                  the additional hypothetical US income tax on net personal
                  income such as dividends and interest.

                  The hypothetical US income tax retained from pay is not a
                  withholding tax and should not be confused with the amount of
                  US income tax withholding to which the expatriate may have
                  been subject prior to the International Assignment. The two
                  amounts are calculated in different ways and will often be
                  different in amount. THE HYPOTHETICAL US INCOME TAX IS SIMPLY
                  A NEGATIVE ITEM IN THE EXPATRIATE'S COMPENSATION PACKAGE
                  WHICH, BECAUSE IT APPROXIMATES HIS TAX OBLIGATION FOR THE YEAR
                  ON NTL DIGITAL US INC INCOME, PROVIDES THE

                                       3
<PAGE>

                  EXPATRIATE WITH APPROXIMATELY THE SAME NET LEVEL OF SPENDABLE
                  INCOME AS A COUNTERPART US EMPLOYEE.

                  Spousal Income - Exception

                  In the event that both spouses are employed by NTL DIGITAL US
                  INC and on foreign assignment, the hypothetical tax liability
                  will be based on the inclusion of all income (as above) and
                  calculated on the basis of the married filing joint tax rates.
                  The hypothetical taxes payable by each spouse will be in
                  proportion to their respective gross income (as defined
                  above), but net of 401k contributions and/or other NTL DIGITAL
                  US INC income/related deductions.

         2.       FINAL HYPOTHETICAL US INCOME TAX (FOR TAX REIMBURSEMENT
                  PURPOSES)

                  As stated above, after the close of the year, the "retained
                  hypothetical US income tax" will be adjusted to a "final
                  hypothetical US income tax" based on actual amounts. This
                  hypothetical US income tax then becomes the "final" income tax
                  burden which an expatriate must bear for such year, and will
                  approximate that of an NTL DIGITAL US INC employee in the US
                  with comparable base salary, bonus, other NTL DIGITAL US INC
                  income, personal income or losses, deductions and exemptions.

                  Because the United States taxes its citizens and green-card
                  holders on worldwide income, the final hypothetical US income
                  tax will be based not only on NTL DIGITAL US INC base salary
                  and bonus, but also on the expatriate's taxable net personal
                  income or loss, adjustments, and in most circumstances on his
                  actual itemised deductions as well. In the absence of a
                  reduction in the retained hypothetical US tax as discussed
                  above, the NTL DIGITAL US INC expatriate with losses, alimony
                  or itemised deductions will likely receive a cash
                  reimbursement from NTL DIGITAL US INC after the end of the
                  year. On the other hand, an NTL DIGITAL US INC expatriate with
                  net personal income will be obliged to make a cash payment to
                  NTL DIGITAL US INC after the end of the year equal to the
                  additional hypothetical tax on such income. Such expatriates
                  are thereby on notice that they must have sufficient cash to
                  pay this hypothetical tax on personal income, or make
                  arrangements for NTL DIGITAL US INC to retain it through
                  payroll or to make payments of Estimated US income tax to the
                  IRS and to State tax authorities, if applicable.

                  The final hypothetical US income tax will be based on the
                  following items:

                  (a)      NTL DIGITAL US INC Income

                                    -        Base salary, less 401(k)
                                             contributions and any other pre-tax
                                             employee contributions. (For this
                                             purpose, in the case of an employee
                                             who works a part-year on
                                             International Assignment for NTL
                                             DIGITAL US INC and who works a
                                             part-year for NTL

                                       4
<PAGE>

                                             DIGITAL US INC in the US base
                                             salary will be the sum of the two
                                             part-year base salaries).

                                    -        Cash bonuses and any other cash
                                             incentive compensation.

                                    -        (Income from the exercise of NTL
                                             DIGITAL US INC Stock Options.
                                             (Note, however, that while an
                                             expatriate will be charged a US
                                             hypothetical tax on Stock Option
                                             income, it is in the best interests
                                             of the expatriate, and of NTL
                                             DIGITAL US INC, for the tax
                                             consequences of stock option
                                             exercises to be thoroughly
                                             discussed with the international
                                             tax consulting firm in advance of
                                             the exercise and of any subsequent
                                             sale of shares, in order to
                                             mitigate adverse tax consequences).

                                    -        Income from any other NTL DIGITAL
                                             US INC stock-based incentive plan.

                                    -        Imputed income from group term life
                                             insurance and any other employee
                                             benefit considered taxable in the
                                             US which the expatriate would have
                                             received independent of his
                                             International Assignment.

                                    -        Overseas allowances are excluded
                                             from all calculations of
                                             hypothetical tax to ensure that NTL
                                             DIGITAL US INC bears the full cost
                                             of any tax imposed on these
                                             allowances.

                  (b)      Net Personal Income

                           "Net personal income" is the positive amount which
                           results from subtracting "personal losses" from
                           "personal income". NTL DIGITAL US INC reserves the
                           right to "cap" the amount of net personal income
                           which it will tax equalise under this policy, and
                           also to limit its reimbursement of host country
                           income taxes thereon when such taxes could have been
                           avoided by following the tax advice of the
                           international tax consulting firm.

                           "Personal income" encompasses income earned or
                           received from sources other than NTL DIGITAL US INC.
                           It includes, but is not limited to, amounts from the
                           following sources which are taxable on an
                           expatriate's actual US income tax return:

                                    -        Dividends

                                    -        Interest

                                    -        State income tax refunds

                                       5
<PAGE>

                                    -        Net capital gain, other than gain
                                             from the sale of an expatriate's US
                                             principal residence and gain from
                                             the sale of any residence owned by
                                             the expatriate country of
                                             assignment.

                                    -        Net rental income (but excluding
                                             any NTL DIGITAL US INC - funded
                                             expenses).

                                    -        Net partnership income.

                           Capital gain arising from the sale of an expatriate's
                           US principal residence will not be tax equalised
                           under the NTL DIGITAL US INC policy. In this
                           connection, it is possible for an expatriate who
                           sells his US principal residence (upon taking an
                           International Assignment) to defer the Federal (but
                           not all states') income tax on his gain, if any, by
                           reinvesting the proceeds (within certain time limits)
                           in a new principal residence. The tax consequences of
                           selling versus renting should be discussed with the
                           international tax consulting firm. In the event an
                           expatriate chooses to sell his US principal
                           residence, at any time, the expatriate will be
                           responsible for the full amount of the income tax
                           payable, if any, on the gain therefrom, as well as
                           the full amount of the income tax payable, if any, on
                           the sale of any residence owned by the expatriate in
                           the country of assignment.

                           "Personal Income" also includes:

                      -        Any salaries or compensation received by the
                               expatriate prior to, or subsequent to, the
                               International Assignment, while self-employed or
                               employed by a corporation unrelated to NTL
                               DIGITAL US INC.

                      -        Any salaries, compensation or self-employment
                               income received by the expatriate's spouse prior
                               to, or subsequent to, the International
                               Assignment.

                                    During the period of the expatriate's
                                    International Assignment, to the extent that
                                    an expatriate's spouse has a job in the host
                                    country, or is self-employed there, the
                                    spouse will be fully responsible for any
                                    income and social taxes imposed on the
                                    spouse's income. In this circumstance, the
                                    Year-End US. Tax Equalisation calculation
                                    will not reflect a final hypothetical US
                                    income tax on such income; and in
                                    calculating the actual US income tax if any,
                                    attributable to the spouse's income, the
                                    spouse will receive the full benefit of the
                                    spouse's "earned income exclusion" and the
                                    appropriate "foreign tax credit" available
                                    under US tax law. However, where the host
                                    country is the UK, the "married couple's
                                    allowance" will be deemed deductible by the
                                    NTL DIGITAL US INC expatriate and not by his
                                    spouse.

                                       6
<PAGE>

                                    "Personal losses" encompass losses funded
                                    exclusively by the expatriate. This category
                                    includes, but is not limited to:

                                          -        Net capital loss deductible
                                                   on the actual US income tax
                                                   return.

                                          -        Net rental loss deductible on
                                                   the actual US income tax
                                                   return (but excluding any NTL
                                                   DIGITAL US INC funded
                                                   expenses).

                                          -        Net partnership loss
                                                   deductible on the actual US
                                                   income tax return.

                  (c)      Net Personal Loss

                           "Net Personal Loss is the negative amount which
                           results from subtracting "personal losses" from
                           "personal income".

                  (d)      Deductions

                           The following deductions which are not funded by NTL
                           DIGITAL US INC via a specific allowance payment will
                           be allowed in arriving at an expatriate's
                           hypothetical taxable income for purposes of computing
                           his final hypothetical US income tax:

                           Adjustments to gross income claimed on the
                           expatriate's actual US income tax return for the
                           taxable year, such as alimony, forfeited interest,
                           and deductible IRA contributions; plus

                           -        the amount of actual itemised deductions
                                    deductible on an expatriate's US income tax
                                    return for the taxable year plus the amount
                                    of the final hypothetical State income tax
                                    for the year;

                           -        an amount equal to the last full tax year's
                                    expense for mortgage interest and real
                                    estate taxes where the principal residence
                                    in USA has been sold.

                           An expatriate's actual itemised deductions will be
                           reduced by those expenses (principally moving
                           expenses) which were reimbursed (directly or in the
                           form of an allowance) by NTL DIGITAL US INC.

                  (e)      Tax Rates & Filing Status

                           In computing the final hypothetical US income tax,
                           the tax rates and filing status to be used are those
                           used on the actual US income tax return (and State
                           return, if required) for the taxable year.

                                       7
<PAGE>

                  (f)      Tax Income Taxes

                           The State portion of the final hypothetical US income
                           tax will be adjusted after year-end to include the
                           various items of income and deductions described
                           above, applying the tax laws of the State of Illinois
                           which would have been applicable to an expatriate if
                           he had remained in the US.

                           In most cases, an expatriate will not be subject to
                           actual State income taxes on his worldwide earnings
                           abroad, However, some states may attempt to assess
                           state income taxes in certain situations. Where this
                           occurs, the following rules will apply:

                                    -        Tax based on "domicile" or
                                             "residence" in year of departure
                                             from US or return to US

                                             Some states assess tax on an
                                             expatriate's overseas earnings due
                                             to the fact that the expatriate was
                                             domiciled in that state during the
                                             year.

                                             In such cases, an equitable
                                             adjustment will be made to keep the
                                             expatriate whole.

                                    -        State Income Tax on Business Trips
                                             to the US

                                             In certain circumstances, business
                                             trips to the US by an expatriate
                                             may attract State income tax on
                                             earnings related to such business
                                             trips. NTL DIGITAL US INC will
                                             reimburse an expatriate for all
                                             state income taxes assessed on
                                             income earned on business trips to
                                             the US.

         3.       REIMBURSEMENT OF ACTUAL WORLDWIDE INCOME TAXES & LOCAL SOCIAL
                  SERVICES

                  Having reduced an expatriate's compensation by a retained
                  hypothetical US income tax which is later adjusted to a final
                  hypothetical US tax, NTL DIGITAL US INC will reimburse the
                  actual amount of worldwide income taxes paid by an expatriate
                  as well as local social taxes paid, if any.

                  In general, NTL DIGITAL US INC employees on International
                  Assignment will be subject to income and social taxes in their
                  country of assignment. Where this is the case, NTL DIGITAL US
                  INC expects each expatriate to comply fully with the tax laws
                  of such country, relying on the services of the international
                  tax consulting firm in the preparation of required tax returns
                  and in legally minimising income tax liabilities.

                  Whenever an expatriate must pay a local income or social tax,
                  NTL DIGITAL US INC will at that time pay the amount of such
                  tax to or on behalf of the expatriate. This includes local
                  income and social taxes in the form of: -

                                       8
<PAGE>

                           -        Withholding taxes which NTL DIGITAL US INC
                                    is required to pay over to the assignment
                                    country government.

                           -        Estimated tax filings made during the year.

                           -        Payment of the balance due with the
                                    assignment country income tax return or upon
                                    final assessment for the tax year.

                  In all cases, the expatriate's cash flow will not be reduced
                  by tax payments to the assignment country government.

                  Verification of the actual amount of local taxes paid by each
                  expatriate will be provided by Ernst & Young, which will
                  communicate the amount thereof to NTL DIGITAL US INC. An
                  amount equal to any local tax refunds must be paid or turned
                  over to NTL DIGITAL US INC by the expatriate, since NTL
                  DIGITAL US INC (and not the expatriate) will have funded all
                  local taxes.

         4.       YEAR-END US TAX EQUALISATION

                  After an expatriate's US income tax return (if required) has
                  been filed, the international tax consulting firm will prepare
                  a tax reconciliation.

                  NTL DIGITAL US INC will provide to the consultants the salary
                  and other information (retained hypothetical tax, etc.)
                  necessary to complete this form. The consultants will send the
                  Year-End US Tax reconciliation to NTL DIGITAL US INC, who will
                  review the calculation and then forward it to the expatriate.

                  The "Year-End US Tax reconciliation" will reconcile the
                  retained hypothetical US income tax with the final
                  hypothetical US income tax for the year. It will also disclose
                  the actual US income tax for the year (if any) which, under
                  this policy, is fully reimbursable by NTL DIGITAL US INC. The
                  reconciliation will then indicate the net reimbursement owed
                  to/by the expatriate, and NTL DIGITAL US INC reimbursement
                  will be made as appropriate and final.

                  NTL DIGITAL US INC will reimburse the expatriate for all
                  interest and penalties relating to NTL DIGITAL US INC income
                  except when the assessment of the interest and penalties
                  results from the negligence or fault of the expatriate;
                  e.g.,., a delay in submitting data booklets or tax
                  questionnaires to the consultants which in turn prevents the
                  timely filing of a return.

                  NTL DIGITAL US INC will also reimburse interest imposed on any
                  balance due resulting from an extended due date for filing US
                  tax returns granted to US taxpayers residing overseas.

         5.       CREDITS ALLOWED AGAINST US TAX FOR LOCAL TAXES PAID

                  Any tax credits for local taxes (referred to as "foreign tax
                  credits") reimbursed by NTL DIGITAL US INC which reduce an
                  expatriate's US income tax liability prior

                                       9
<PAGE>

                  to, during or subsequent to his International Assignment, will
                  be considered to be for the benefit of NTL DIGITAL US INC.

                  It also includes tax credits (reimbursed by NTL DIGITAL US
                  INC) which are carried back or carried forward, regardless of
                  whether the income in the carryback or carry forward year is
                  related to the International Assignment. In such instances, an
                  expatriate must pay the amount of his tax refund received from
                  the Internal Revenue Service, plus interest, to NTL DIGITAL US
                  INC. This payment is to be made within 10 days of receipt of
                  the refund.

         6.       NET OPERATING LOSSES

                  Any net operating losses resulting from exclusions available
                  to US citizens working abroad will be considered to be for the
                  benefit of NTL DIGITAL US INC, because the tax benefit of
                  these personal losses will have been fully realised by the
                  expatriate in the hypothetical tax calculation. This includes
                  a net operating loss which is carried back or carried forward
                  regardless of whether the income in the carryback or carry
                  forward year is related to the International Assignment. In
                  such instances, an expatriate must pay the amount of his tax
                  refund received from the Internal Revenue Service and
                  applicable state tax authority, plus interest, to NTL DIGITAL
                  US INC. This payment is to be made within 10 days of receipt
                  of the refund.

         7.       SUBSEQUENT ADJUSTMENTS

                  Assignment country government or US Internal Revenue Service
                  or State government examinations of expatriate income tax
                  returns are not uncommon. When they occur, the year-end US or
                  local tax equalisation for that year will be recomputed, if
                  necessary, with adjustments made as appropriate.

         8.       "TAX ON TAX"

                  Whenever NTL DIGITAL US INC reimburses local or US income
                  taxes (either currently, or in the following year), such
                  reimbursements themselves constitute taxable income for US
                  income tax purposes and, generally, for assignment country tax
                  purposes as well. Under the NTL DIGITAL US INC TAX & SOCIAL
                  SECURITY EQUALISATION POLICY, any "final" tax paid with
                  respect to income tax reimbursements will be fully reimbursed
                  by NTL DIGITAL US INC.

                  For repatriated employees receiving tax reimbursements during
                  the year subsequent to termination of their International
                  Assignment, the payment may be grossed up to include any final
                  tax due on the reimbursement in order to keep the employee
                  whole.

         9.       SHORT-TERM LOANS

                                       10
<PAGE>

                  Even though compensation is reduced by the hypothetical US
                  income tax, it may be necessary for NTL DIGITAL US INC to
                  withhold actual US or local taxes as applicable, and to remit
                  these taxes to the proper US and local taxing authorities. In
                  order to ease the expatriate's cash flow burden, the
                  expatriate in such cases will receive a loan equal to the
                  local and/or US taxes withheld, with the approval of NTL
                  DIGITAL US INC. This loan will, to the extent possible, be
                  remitted to the expatriate at the same time that the salary
                  check is issued. The total loan will be settled in the
                  following year at the time the Year-End US or local tax
                  reconciliation is prepared.

         10.      ANNUAL SETTLEMENT WITH EXPATRIATE

                  When the Year-End Equalisation calculations result in a
                  balance due to the expatriate, the amount will first be
                  applied against any outstanding loans for the same year. The
                  remainder will be paid by NTL DIGITAL US INC to the
                  expatriate.

                  If loans for a particular year exceed the amount of the tax
                  equalisation balance due, the expatriate must repay such
                  excess loans to NTL DIGITAL US INC within 10 days of receiving
                  the applicable refund of taxes from the US or local government
                  taxing authorities. NTL DIGITAL US INC reserves the right to
                  recapture all unpaid tax loans by reducing the expatriate's
                  base salary.

         11.      TREATMENT OF NEW, RETURNING, TERMINATED AND RETIRED
                  EXPATRIATES

                  For an expatriate who is hired, transferred, terminated or who
                  returns home during the year, the Year-End US Tax Equalisation
                  will be adjusted in order to compare:

                           -        Hypothetical US income tax retained from
                                    compensation (described above) during the
                                    portion of the year spent on International
                                    Assignment,

                           -        Final hypothetical US income tax (described
                                    above) on the entire year's income, and

                           -        Actual US income tax liability on Form 1040
                                    for the entire year.

                  Where the expatriate was employed by an employer other than
                  NTL DIGITAL US INC or any affiliate during the year,
                  compensation from the expatriate's previous or subsequent
                  employer will be treated as personal income and will therefore
                  be subject to US hypothetical tax and will be fully tax
                  equalised.

                  Where the expatriate spent part of the year (either
                  pre-assignment or post assignment) in the US he will be fully
                  responsible for applicable State income taxes assessed during
                  such part-year periods, except to the extent that such state
                  income taxes are increased by a NTL DIGITAL US INC allowance
                  on which NTL DIGITAL US INC assumes responsibility for paying
                  actual taxes.

                                       11
<PAGE>

         12.      TREATMENT OF EXPATRIATES WHO ARE MARRIED TO PARTICIPANTS IN
                  TAX EQUALISATION POLICIES OF OTHER EMPLOYERS

                  For an expatriate whose spouse is employed in the host country
                  by entities other than NTL DIGITAL US INC and is covered by a
                  tax equalisation policy of another employer, the manner in
                  which the final hypothetical tax and reimbursable US and local
                  taxes are calculated will be determined on a case-by-case
                  basis. This approach will ensure that an NTL DIGITAL US INC
                  expatriate receives the protection to which he is entitled
                  under the NTL DIGITAL US INC TAX & SOCIAL SECURITY
                  EQUALISATION POLICY by eliminating any distorted results which
                  could occur if the standard calculations were performed.

                                       12
<PAGE>

                                                                      Appendix D

                                RELEASE AGREEMENT

                  In consideration of the payments and benefits provided for or
referred to in the attached Schedule (the "Benefits"), and the release from
[employee's name] (the "Employee") set forth herein, NTL Incorporated (the
"Company") and the Employee agree to the terms of this Release Agreement.

                  1.       The Employee acknowledges and agrees that the Company
is under no obligation to offer the Employee the Benefits, unless the Employee
consents to the terms of this Release Agreement. The Employee further
acknowledges that he/she is under no obligation to consent to the terms of this
Release Agreement and that the Employee has entered into this agreement freely
and voluntarily.

                  2.       The Employee voluntarily, knowingly and willingly
releases and forever discharges the Company and its Affiliates, together with
their respective officers, directors, partners, shareholders, employees, agents,
and the officers, directors, partners, shareholders, employees, agents of the
foregoing, as well as each of their predecessors, successors and assigns
(collectively, "Releasees"), from any and all charges, complaints, claims,
promises, agreements, controversies, causes of action and demands of any nature
whatsoever that the Employee or his/her executors, administrators, successors or
assigns ever had, now have or hereafter can, shall or may have against Releasees
by reason of any matter, cause or thing whatsoever arising prior to the time of
signing of this Release Agreement by the Employee. The release being provided by
the Employee in this Release Agreement includes, but is not limited to, any
rights or claims relating in any way to the Employee's employment relationship
with the Company, or the termination thereof, or under any statute, including
the federal Age Discrimination in Employment Act of 1967, Title VII of the Civil
Rights Act of 1964, the Civil Rights Act of 1990, the Americans with
Disabilities Act of 1990, the Employee Retirement Income Security Act of 1974,
the Family and Medical Leave Act of 1993, each as amended, and any other
federal, state or local law or judicial decision. 3. The Employee acknowledges
and agrees that he/she shall not, directly or indirectly, seek or further be
entitled to any personal recovery in any lawsuit or other claim against the
Company or any other Releasee based on any event arising out of the matters
released in paragraph 2.

                  3.       Nothing herein shall be deemed to release (i) any of
the Employee's rights to the Benefits or (ii) any of the benefits that the
Employee has accrued prior to the date this Release Agreement is executed by the
Employee under the Company's employee benefit plans and arrangements, or any
agreement in effect with respect to the employment of the Employee of (iii) any
claim for indemnification as provided under Section 10 of the Employment
Agreement.

                  4.       In consideration of the Employee's release set forth
in paragraph 2, the Company knowingly and willingly releases and forever
discharges the Employee from any and all charges, complaints, claims, promises,
agreements, controversies, causes of action and demands of any nature whatsoever
that the Company now has or hereafter can, shall or may have against him/her by
reason of any matter, cause or thing whatsoever arising prior to the time of
signing of this Release Agreement by the Company, provided, however, that
nothing herein is

<PAGE>

intended to release any claim the Company may have against the Employee for any
illegal conduct.

                  5.       The Employee acknowledges that the Company has
advised him/her to consult with an attorney of his/her choice prior to signing
this Release Agreement. The Employee represents that, to the extent he/she
desires, he/she has had the opportunity to review this Release Agreement with an
attorney of his/her choice.

                  6.       The Employee acknowledges that he/she has been
offered the opportunity to consider the terms of this Release Agreement for a
period of at least forty-five (45) days, although he/she may sign it sooner
should he/she desire. The Employee further shall have seven additional days from
the date of signing this Release Agreement to revoke his/her consent hereto by
notifying, in writing, the General Counsel of the Company. This Release
Agreement will not become effective until seven days after the date on which the
Employee has signed it without revocation.

                                    ____________________________________________
                                    (Employee Name)

                                    ____________________________________________

                                    By: ________________________________________

                                       2
<PAGE>

                                                                      Appendix E

                  A "Change in Control" shall be deemed to have occurred if the
event set forth in any one of the following paragraphs shall have occurred:

                                    (i)      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 (a) of
                                             Paragraph (iii) below; or

                                    (ii)     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 of Directors of the Company
                                             ("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
                                             stockholders 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

                                    (iii)    there is consummated a merger or
                                             consolidation of the Company or any
                                             direct or indirect subsidiary of
                                             the Company with any other
                                             corporation, other than (a) 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
                                             Company or such surviving entity or
                                             any parent thereof outstanding
                                             consolidation effected to implement
                                             a recapitalization of the Company
                                             (or similar transaction) in which
                                             no Person is or becomes the
                                             Beneficial Owner, directory 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

<PAGE>

                                             voting power of the Company's then
                                             outstanding securities; or

                                    (iv)     the stockholders 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 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 stockholders
                                             of the Company immediately prior to
                                             such sale.

                  Notwithstanding the foregoing, a "Change in Control" 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 common
                  stock 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.

                  For purposes of this Appendix E:

                  "Affiliate" shall have the meaning set forth in Rule l2b-2
                  under Section 12 of the Securities Exchange Act of 1934.

                  "Person" shall have the meaning given in Section 3(a)(9) of
                  the Securities Exchange Act of 1934, as modified and used in
                  Sections 13(d) and 14(d) thereof, except that such terms 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 corporation owned, directly or indirectly, by stockholders
                  of the Company in substantially the same proportions as their
                  ownership of stock of the Company.

                  "Beneficial Owner" shall have the meaning set forth in Rule
                  13d-3 under the Securities Exchange Act of 1934, 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.

                                       2<PAGE>

                                                                   EXHIBIT 10.19

                              EMPLOYMENT AGREEMENT

                  THIS AGREEMENT (the "Agreement") is made as of the 4th day of
March, 2003, by and between NTL Incorporated, a Delaware corporation (the
"Company"), and Richard Martin (the "Executive").

                  WHEREAS, the Company wishes to employ the Executive effective
as of March 3, 2003 (the "Effective Date"); and

                  WHEREAS, the Executive wishes to accept such employment and to
render services to the Company on the terms and conditions set forth herein.

                  NOW, THEREFORE, in consideration of the mutual covenants
contained herein, the parties hereto agree as follows:

         1.       Effectiveness. This Agreement shall become effective as of the
Effective Date.

         2.       Employment Term.

                  (a)      The term of the Executive's employment pursuant to
this Agreement (the "Employment Term") shall commence as of the Effective Date
and shall end on June 30, 2005, unless the Employment Term terminates earlier
pursuant to Section 7 of this Agreement. The Employment Term may be extended by
mutual agreement of the Company and the Executive; provided, that the Company
shall give the Executive at least 60 days' notice prior to June 30, 2005 if it
does not intend to seek an extension of the Employment Term.

                  (b)      Title; Duties. The Executive shall join the Company's
Finance Group and perform such duties, services and responsibilities as are
reasonably requested from time to time

                                       1
<PAGE>

by the Board of Directors of the Company (the "Board") and normal and customary
for such position until such time as he is appointed Treasurer; at which time he
shall perform such duties, services and responsibilities as are reasonably
requested from time to time by the Board and normal and customary for the
Treasurer position. During the Employment Term, the Executive shall be based in
either the United States or the United Kingdom, as agreed by the Executive and
the Chief Executive Officer. The Executive agrees that he may be seconded to the
United Kingdom for some portion or the entire duration of this Agreement.

                  During the Employment Term, the Executive shall devote
substantially all of his time to the performance of the Executive's duties
hereunder. During the Employment Term, the Executive will not, without the prior
written approval of the Board, engage in any other business activity which
interferes in any material respect with the performance of the Executive's
duties hereunder or which is in violation of written policies established from
time to time by the Company. Nothing contained in this Agreement shall preclude
the Executive from devoting a reasonable amount of time and attention during the
Employment Term to (i) serving, with the prior approval of the Board, as a
director, trustee or member of a committee of any for-profit organization; (ii)
engaging in charitable and community activities; and (iii) managing personal and
family investments and affairs, so long as any activities of the Executive which
are within the scope of clauses (i), (ii) and (iii) of this Section 2(b) do not
interfere in any material respect with the performance of the Executive's duties
hereunder.

         3.       Monetary Remuneration.

                  (a)      Base Salary. During the Employment Term, in
consideration of the performance by the Executive of the Executive's obligations
hereunder to the Company and its

                                       2
<PAGE>

parents, subsidiaries, affiliates and joint ventures (collectively, the "Company
Affiliated Group") in any capacity (including any services as an officer,
director, employee, member of any Board committee or management committee or
otherwise), the Company shall pay to the Executive an annual salary of
L170,000 (the "Base Salary"). The Base Salary shall be payable in accordance
with the normal payroll practices of the Company in effect from time to time for
senior management generally; provided that the Executive may designate at one
time each year a percentage of cash compensation, not yet paid, to be paid in
U.S. Dollars, with the exchange rate set on the date that such designation is
made by reference to the noon buying rate as quoted by the Federal Reserve Bank
of New York. If the Executive provides services to members of the Company
Affiliated Group other than the Company, no additional compensation shall be
paid by any such member to the Executive, and any compensation for such services
(if any) shall be paid to the Company.

                  (b)      Annual Cash Bonus.

                  During each fiscal year of the Company that the Employment
Term is in effect, the Executive shall be eligible to earn a cash bonus in the
sole discretion of the Board of up to 60% of the Executive's Base Salary
(prorated for any partial fiscal year, except 2003) (the "Annual Cash Bonus").

                  (c)      Ex-Pat Package. During the Employment Term and for
any period during which the Executive is required by the Company to be in the
United Kingdom, Executive and his family shall have the right to receive the
benefits of the Company's standard ex-patriot benefits package (as applied to
comparable New York based employees of the Company) for the duration of any time
Executive lives in England, but in any event, such benefits will be consistent
with the

                                       3
<PAGE>

terms set forth in Appendix A hereto. Tax equalization for the Executive shall
be consistent with NTL tax equalization policy, attached as Appendix C hereto,
and incorporated by reference.

         4.       Equity-Based Compensation.

                  (a)      During the Employment Term, the Executive shall be
eligible to receive options to purchase common stock of the Company in addition
to the options described on Appendix B at such exercise prices, schedules as to
exercisability and other terms and conditions as determined in the sole
discretion of the Board.

         5.       Benefits.

                  (a)      During the Employment Term, the Executive shall be
entitled to participate in all of the employee benefit plans, programs, policies
and arrangements (including fringe benefit and executive perquisite programs and
policies) made available by the Company to, or for the benefit of, its executive
officers in accordance with the terms thereof as they may be in effect from time
to time.

                  (b)      Reimbursement of Expenses. During the Employment
Term, the Company shall reimburse the Executive for all reasonable business
expenses incurred by the Executive in carrying out the Executive's duties,
services and responsibilities under this Agreement, so long as the Executive
complies with the general procedures of the Company for submission of expense
reports, receipts or similar documentation of such expenses applicable to senior
management generally. Without limiting the generality or effect of any other
provision hereof the Executive shall have the right to reimbursement, upon
submission of customary

                                       4
<PAGE>

substantiating documentation, of reasonable attorney's fees in connection with
the negotiation and execution of this Employment Agreement.

         6.       Vacations. For each whole and partial calendar year during the
Employment Tenn, the Executive shall be entitled to 4 weeks of paid vacation
(prorated for any partial calendar year, except for calendar year 2003), to be
credited and taken in accordance with the Company's policy as in effect from
time to time for its similarly situated executives.

         7.       Termination; Severance.

                  (a)      Termination of Employment. The Company may terminate
the employment of the Executive without Cause upon 30 days' notice to the
Executive. In addition, the employment of the Executive shall automatically
terminate as of the date on which the Executive dies or is Disabled. For
purposes of this Agreement, the Executive shall be "Disabled" as of any date if,
as of such date, the Executive has been unable, due to physical or mental
incapacity, to substantially perform the Executive's duties, services and
responsibilities hereunder either for a period of at least 180 consecutive days
or for at least 270 days in any consecutive 365-day period, whichever may be
applicable. Upon termination of the Executive's employment because the Executive
dies or is Disabled, the Company shall provide the Executive (or the Executive's
estate, if applicable) with death or disability benefits (as applicable)
pursuant to the plans, programs, policies and arrangements of the Company as are
then in effect with respect to executive officers. In addition, upon any
termination of the Executive's employment during the Employment Term, the
Company shall pay the Executive any earned but unpaid portion of the Base Salary
and Annual Cash Bonus. Immediately following termination of the Executive's
employment for any reason, the Employment Term shall terminate.

                                       5
<PAGE>

                  (b)      Termination Without Cause; Constructive Termination
Without Cause. Upon a Termination Without Cause or a Constructive Termination
Without Cause, the Company shall, as soon as practicable following the
Executive's execution and delivery to the Company of the general release of
claims set forth in Section 7(f), pay the Executive a lump-sum severance payment
of cash equal to the product of the Base Salary times 3.

                  (c)      Termination upon Non-Renewal of the Employment Term.
If (i) the Employment Term shall end on June 30, 2005, (ii) the Executive's
employment shall terminate on or after July 1, 2005 and on or prior to July 15,
2005 and such termination is not a termination by the Company for Cause or by
reason of the Executive having died or become Disabled and (iii) the Executive
is not, on the date of termination, a party to an employment agreement with the
Company that the parties agree therein is a successor to this Agreement, then
the Company shall, as soon as practicable following the Executive's execution
and delivery to the Company of the general release set forth in Section 7(f),
pay the Executive a lump-sum severance payment of cash equal to the product of
the Base Salary times 2. Notwithstanding the foregoing, a non-renewal of the
Employment Term during the period commencing on the date of a Change in Control
and ending on the first anniversary thereof shall be a Constructive Termination
Without Cause as provided in Section 7(b) hereof.

                  (d)      Upon a termination of the Executive's employment by
the Company for Cause, the Executive shall be entitled to earned but unpaid Base
Salary and benefits through the date of termination, and the Executive shall not
be entitled to any other payments or benefits.

                  (e)      Upon any termination of the Executive's employment
other than by the Company for Cause, the Executive and his family shall be
entitled to continued medical benefits

                                       6
<PAGE>

under (and in accordance with the terms of) the Company's benefit plans for 1
year from the date of termination.

                           For purposes of this Agreement:

                                    (i)      A "Constructive Termination Without
Cause" means a termination of the Executive's employment during the Employment
Term by the Executive following the occurrence of any of the following events
without the Executive's prior consent: (A) failure to continue the Executive as
the Company's Treasurer (excluding a promotion); (B) any material diminution in
the Executive's working conditions or authority, responsibilities or
authorities; (C) assignment to the Executive of duties that are inconsistent, in
a material respect, with the scope of duties and responsibilities associated
with his position as described; (D) any materially adverse change in the
reporting structure applicable to the Executive (but not including a change in
the person filling the position to which the Executive reports); (E) failure to
grant the Executive, during the 2003 fiscal year, the options set forth on
Appendix B hereto; (F) failure of the Board to elect the Executive as an officer
of the Company within three months of the Effective Date; (G) the failure of the
Company to maintain commercially reasonable directors' and officers' liability
insurance; or (H) a Change in Control occurs and the Executive is Terminated
Without Cause during the period commencing on the date of the Change in Control
and ending on the first anniversary thereof. For purposes of this Agreement, a
"Change in Control" is defined in Appendix E attached hereto, and incorporated
by reference. The Executive shall give the Company 10 days' notice of the
Executive's intention to terminate the Executive's employment and claim that a
Constructive Termination Without Cause (as defined in (A), (B), (C), (D), (E),
(G) or (H) above) has occurred, and such notice shall describe the

                                       7
<PAGE>

facts and circumstances in support of such claim in reasonable detail. The
Company shall have 10 days thereafter to cure such facts and circumstances if
possible.

                                    (ii)     A "Termination Without Cause" means
a termination of the Executive's employment during the Employment Term by the
Company other than for Cause.

                                    (iii)    "Cause" means (x) the Executive is
convicted of, or pleads guilty or nolo contendere to, a felony or to any crime
involving fraud, embezzlement or breach of trust; (y) the willful and continued
failure of the Executive to perform the Executive's duties hereunder (other than
as a result of physical or mental illness); or (z) in carrying out the
Executive's duties hereunder, the Executive has engaged in conduct that
constitutes gross neglect or willful misconduct, unless the Executive believed
in good faith that such conduct was in, or not opposed to, the best interests of
the Company and each member of the Company Affiliated Group. The Company shall
give the Executive 10 days' notice of the Company's intention to terminate the
Executive's employment and claim that facts and circumstances constituting Cause
exist, and such notice shall describe the facts and circumstances in support of
such claim. The Executive shall have 10 days thereafter to cure such facts and
circumstances if possible. If the Board reasonably concludes that the Executive
has not cured such facts or circumstances within such time, Cause shall not be
deemed to have been established unless and until the Executive has received a
hearing before the Board (if promptly requested by the Executive) and a majority
of the Board within 10 days of the date of such hearing (if so requested)
reasonably confirms the existence of Cause and the termination of the Executive
therefor. If the Executive is a member of the Board, the Executive hereby
recuses himself or herself from the deliberations and vote of the Board at such
subsequent meeting.

                                       8
<PAGE>

                  (f)      Release; Full Satisfaction. Notwithstanding any other
provision of this Agreement, no severance pay shall become payable under this
Agreement unless and until the Executive executes a general release of claims in
form and manner reasonably satisfactory to the Company and substantially similar
to Appendix D, and such release has become irrevocable; provided, that the
Executive shall not be required to release any indemnification rights,
continuing rights to benefits under the Company's employee benefit plans, or
rights to future payments or benefits under this Agreement. The payments to be
provided to the Executive pursuant to this Section 7 upon termination of the
Executive's employment shall constitute the exclusive payments in the nature of
severance or termination pay or salary continuation which shall be due to the
Executive upon a termination of employment and shall be in lieu of any other
such payments under any plan, program, policy or other arrangement which has
heretofore been or shall hereafter be established by any member of the Company
Affiliated Group.

                  (g)      Resignation as a Director. Upon termination of the
Executive's employment for any reason, the Executive shall be deemed to have
resigned from the Board and from all other boards of, and other positions with,
any member of the Company Affiliated Group, as applicable.

                  (h)      Cooperation Following Termination. Following
termination of the Executive's employment for any reason, the Executive agrees
to reasonably cooperate with the Company upon the reasonable request of the
Board and to be reasonably available to the Company with respect to matters
arising out of the Executive's services to any member of the Company Affiliated
Group. The Company shall reimburse or, at the Executive's request, advance the
Executive for expenses reasonably incurred in connection with such matters.

                                       9
<PAGE>

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

         9.       Executive's Covenants.

                  (a)      Confidentiality. The Executive agrees and understands
that the Executive has been, and in the Executive's position with the Company
the Executive will be, exposed to and receive information relating to the
confidential affairs of the Company Affiliated Group, including, but not limited
to, technical information, business and marketing plans, strategies, customer
(or potential customer) information, other information concerning the products,
promotions, development, financing, pricing, technology, inventions, expansion
plans, business policies and practices of the Company Affiliated Group, whether
or not reduced to tangible form, and other forms of information considered by
the Company Affiliated Group to be confidential and in the nature of trade
secrets. The Executive will not knowingly disclose such information, either
directly or indirectly, to any person or entity outside the Company Affiliated
Group without the prior written consent of the Company; provided, however, that
(i) the Executive shall have no obligation under this Section 9(a) with respect
to any information that is or becomes publicly known other than as a result of
the Executive's breach of the Executive's obligations hereunder and (ii) the
Executive may (x) disclose such information to the extent he determines that so
doing is reasonable or appropriate in the performance of the Executive's duties
or, (y) after giving prior notice to the Company to the extent practicable,
under the circumstances, disclose such information to the extent required by
applicable laws or governmental regulations

                                       10
<PAGE>

or by judicial or regulatory process. Upon termination of the Executive's
employment, the Executive shall promptly supply to the Company all property,
keys, notes, memoranda, writings, lists, files, reports, customer lists,
correspondence, tapes, disks, cards, surveys, maps, logs, machines, technical
data and any other tangible product or document which has been produced by,
received by or otherwise submitted to the Executive in the course of or
otherwise in connection with the Executive's services to the Company Affiliated
Group during or prior to the Employment Term.

                  (b)      Non-Competition and Non-Solicitation. During the
period commencing upon the Effective Date and ending on the 18-month anniversary
of the termination of the Executive's employment with the Company, the Executive
shall not, as an employee, employer, stockholder, officer, director, partner,
associate, consultant or other independent contractor, advisor, proprietor,
lender, or in any other manner or capacity (other than with respect to the
Executive's services to the Company Affiliated Group), directly or indirectly:

                                    (i)      perform services for, or otherwise
have any involvement with, a business unit of a person, where such business unit
competes directly or indirectly with any member of the Company Affiliated Group
by owning or operating (x) broadband communications networks for telephone,
cable television or internet services or (y) transmission networks for
television and radio broadcasting, in each case principally in the United
Kingdom or Ireland (the "Core Business"); provided, however, that this Agreement
shall not prohibit the Executive from owning up to 1% of any class of equity
securities of one or more publicly traded companies;

                                       11
<PAGE>

                                    (ii)     hire any individual who is, or
within the 12 months prior to the Executive's termination was, an employee of
any member of the Company Affiliated Group whose base salary at the time of hire
exceeded $100,000 per year; or

                                    (iii)    solicit, in competition with any
member of the Company Affiliated Group in the Core Businesses, any business, or
order of business from any person that the Executive knows was a current or
prospective customer of any member of the Company Affiliated Group during the
Executive's employment.

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

                  (d)      Acknowledgment. The Executive expressly recognizes
and agrees that the restraints imposed by this Section 9 are reasonable as to
time and geographic scope and are not oppressive. The Executive further
expressly recognizes and agrees that the restraints imposed by this Section 9
represent a reasonable and necessary restriction for the protection of the
legitimate

                                       12
<PAGE>

interests of the Company Affiliated Group, that the failure by the Executive to
observe and comply with the covenants and agreements in this Section 9 will
cause irreparable harm to the Company Affiliated Group, that it is and will
continue to be difficult to ascertain the harm and damages to the Company
Affiliated Group that such a failure by the Executive would cause, that the
consideration received by the Executive for entering into these covenants and
agreements is fair, that the covenants and agreements and their enforcement will
not deprive the Executive of an ability to earn a reasonable living, and that
the Executive has acquired knowledge and skills in this field that will allow
the Executive to obtain employment without violating these covenants and
agreements. The Executive further expressly acknowledges that the Executive has
consulted independent counsel, and has reviewed and considered this Agreement
with that counsel, before executing this Agreement.

         10.      Indemnification.

                  (a)      The Company shall indemnify the Executive against,
and save and hold the Executive harmless from, any damages, liabilities, losses,
judgments, penalties, fines, amounts paid or to be paid in settlement, costs and
reasonable expenses (including, but not limited to, attorneys' fees and
expenses), resulting from, arising out of or in connection with any threatened,
pending or completed claim, action, proceeding or investigation (whether civil
or criminal) against or affecting the Executive by reason of the Executive's
service from and after the Effective Date as an officer, director or employee
of, or consultant to, any member of the Company Affiliated Group, or in any
capacity at the request of any member of the Company Affiliated Group, or an
officer, director or employee thereof, in or with regard to any other entity,
employee benefit plan or enterprise (other than arising out of the Executive's
acts of

                                       13
<PAGE>

misappropriation of funds or actual fraud). In the event the Company does not
compromise or assume the defense of any indemnifiable claim or action against
the Executive, the Company shall promptly pay to the Executive to the extent
permitted by applicable law all costs and expenses incurred or to be incurred by
the Executive in defending or responding to any claim or investigation in
advance of the final disposition thereof, provided, however, that if it is
ultimately determined by a final judgment of a court of competent jurisdiction
(from whose decision no appeals may be taken, or the time for appeal having
lapsed) that the Executive was not entitled to indemnity hereunder, then the
Executive shall repay forthwith all amounts so advanced. The Company may not
agree to any settlement or compromise of any claim against the Executive, other
than a settlement or compromise solely for monetary damages for which the
Company shall be solely responsible, without the prior written consent of the
Executive, which consent shall not be unreasonably withheld. This right to
indemnification shall be in addition to, and not in lieu of, any other right to
indemnification to which the Executive shall be entitled pursuant to the
Company's Certificate of Incorporation or Bylaws or otherwise.

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

         11.      Certain Additional Payments by the Company.

                  Anything in this Agreement to the contrary notwithstanding, in
the event that it is determined (as hereafter provided) that any payment (other
than the Gross-Up payments provided for in this Section 11) or distribution by
the Company or any of its affiliates to or for the benefit of the Executive,
whether paid or payable or distributed or distributable pursuant to

                                       14
<PAGE>

the terms of this Agreement or otherwise pursuant to or by reason of any other
agreement, policy, plan, program or arrangement, including without limitation
any stock option, performance share, performance unit, stock appreciation right
or similar right, or the lapse or termination of any restriction on or the
vesting or exercisability of any of the foregoing (a "Payment"), would be
subject to the excise tax imposed by Section 4999 of the Internal Revenue Code
of 1986, as amended (the "Code") (or any successor provision thereto) by reason
of being considered "contingent on a change in ownership or control" of the
Company, within the meaning of Section 280G of the Code (or any successor
provision thereto) or to any similar tax imposed by state or local law, or any
interest or penalties with respect to such tax (such tax or taxes, together with
any such interest and penalties, being hereafter collectively referred to as the
"Excise Tax"), then the Executive will be entitled to receive an additional
payment or payments (collectively, a "Gross-Up Payment"). The Gross-Up Payment
will be in an amount such that, after payment by the Executive of all taxes
(including any interest or penalties imposed with respect to such taxes),
including any Excise Tax imposed upon the Gross-Up Payment, the Executive
retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon
the Payment. For purposes of determining the amount of the Gross-Up Payment, the
Executive will be considered to pay (x) federal income taxes at the highest rate
in effect in the year in which the Gross-Up Payment will be made and (y) state
and local income taxes at the highest rate in effect in the state or locality in
which the Gross-Up Payment would be subject to state or local tax, net of the
maximum reduction in federal income tax that could be obtained from deduction of
such state and local taxes.

         12.      Miscellaneous.

                                       15
<PAGE>

                  (a)      Non-Waiver of Rights. The failure to enforce at any
time the provisions of this Agreement or to require at any time performance by
the other party of any of the provisions hereof shall in no way be construed to
be a waiver of such provisions or to affect either the validity of this
Agreement or any part hereof, or the right of either party to enforce each and
every provision in accordance with its terms. No waiver by either party hereto
at any time of any breach by the other party hereto of, or compliance with, any
condition or provision of this Agreement to be performed by such other party
shall be deemed a waiver of similar or dissimilar conditions or provisions at
that time or at any prior or subsequent time.

                  (b)      Notices. All notices required or permitted hereunder
will be given in writing, by personal delivery, by confirmed facsimile
transmission (with a copy sent by express delivery) or by express next-day
delivery via express mail or any reputable courier service, in each case
addressed as follows (or to such other address as may be designated):

                           If to the Company:        110 East 59th Street
                                                     New York, NY 10022
                                                     Attention: Secretary
                                                     Fax: (212) 906-8497

                           If to the Executive:      Richard Martin

Notices that are delivered personally, by confirmed facsimile transmission, or
by courier as aforesaid, shall be effective on the date of delivery.

                  (c)      Binding Effect: Assignment. This Agreement shall
inure to the benefit of and be binding upon the parties hereto and their
respective heirs, executors, personal representatives, estates, successors
(whether direct or indirect, by purchase, merger, consolidation, reorganization
or otherwise) and assigns. Notwithstanding the provisions of the

                                       16
<PAGE>

immediately preceding sentence, the Executive shall not assign all or any
portion of this Agreement without the prior written consent of the Company.

                  (d)      Withholding. The Company shall withhold or cause to
be withheld from any payments made pursuant to this Agreement all federal,
state, city or other taxes as shall be required to be withheld pursuant to any
law or governmental regulation or ruling.

                  (e)      Entire Agreement. This Agreement constitutes the
complete understanding between the parties with respect to the Executive's
employment and supersedes any other prior oral or written agreements,
arrangements or understandings between the Executive and any member of the
Company Affiliated Group. Without limiting the generality of the Plan or Section
11 of this Agreement or this Section 12(e), effective as of the Effective Date,
this Agreement supersedes any existing employment, retention, severance and
change-in-control agreements or similar arrangements or understandings
(collectively, the "Prior Agreements") between the Executive and the Company and
any member of the Company Affiliated Group, and any and all claims under or in
respect of the Prior Agreements that the Executive may have or assert on or
following the Effective Date shall be governed by and completely satisfied and
discharged in accordance with the terms and conditions of this Agreement. No
agreements or representations, oral or otherwise, express or implied, with
respect to the subject matter hereof have been made by either party that are not
set forth expressly in this Agreement.

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

                                       17
<PAGE>

                  (g)      Governing Law, Etc. This Agreement shall be governed
by and construed in accordance with the internal laws of the State of Delaware,
without reference to the principles of conflict of laws. Any proceeding based
upon or arising out of this Agreement may be brought only in a federal or state
court in New York City.

                  The Company will reimburse or, at the option of the Executive,
advance in either case within five business days of submission of copies of
invoices therefor, all costs and expenses that the Executive may incur for
legal, tax or other advice relating to the interpretation or enforcement of this
Agreement or the effect thereof upon the Executive. In light of the disparity of
resources between the Company and the Executive and in order to induce the
Executive to become a senior manager of the Company in the first instance, the
Company expressly agrees to make or pay such reimbursements or advances
regardless of the outcome thereof or of any claim or proceeding relating
thereto, including without limitation if the Executive is unsuccessful in a
proceeding in respect thereof, and that such amounts will be paid as herein
provided on an as-incurred basis, regardless of the status of any claim or
proceeding relating thereto or otherwise.

                  (h)      Modifications. Neither this Agreement nor any
provision hereof may be modified, altered, amended or waived except by an
instrument in writing duly signed by the party to be charged.

                  (i)      Number and Headings. Whenever any words used herein
are in the singular form, they shall be construed as though they were also used
in the plural form in all cases where they would so apply. The headings
contained herein are solely for purposes of

                                       18
<PAGE>

reference, are not part of this Agreement and shall not in any way affect the
meaning or interpretation of this Agreement.

                  (j)      Counterparts. This Agreement may be executed in 2 or
more counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument.

                            (signature page follows)

                                       19
<PAGE>

                  IN WITNESS WHEREOF, the Company has caused this Agreement to
be executed, and the Executive has executed this Agreement as of the day and
year first above written, in each case effective as of the Effective Date.

                                          NTL Incorporated

                                          By  /s/ Richard J. Lubasch
                                             ------------------------------

                                              Its EVP

                                          /s/ Richard Martin
                                          ---------------------------------
                                          Richard Martin

                                       20
<PAGE>

                                                                      APPENDIX A

                        TERM SHEET FOR EX-PAT ASSIGNMENT

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------
INDIVIDUAL                                       RICHARD MARTIN
-----------------------------------------------------------------------------------------------------------------------
<S>                                              <C>
  I) Status                                      U.S. EE Seconded at the time of hire for purposes of these Provisions
-----------------------------------------------------------------------------------------------------------------------
 II) Term                                        Not to Exceed the term of the employment contract
-----------------------------------------------------------------------------------------------------------------------
III) Benefits
-----------------------------------------------------------------------------------------------------------------------
       A) Excluded from tax equalization (i.e.
benefits are paid at this level net of any tax
obligation - executive does not pay tax
obligations).
-----------------------------------------------------------------------------------------------------------------------
Housing Allowance                                L1400 wk
-----------------------------------------------------------------------------------------------------------------------
School Allowance                                 50% of tuition and reasonably related expenses
-----------------------------------------------------------------------------------------------------------------------
Auto Allowance                                   L700 month
-----------------------------------------------------------------------------------------------------------------------
Travel Allowance(1)                              1 R.T. Ticket per family member annually
-----------------------------------------------------------------------------------------------------------------------
Health Insurance                                 CIGNA Int'I with supplemental U.S. Coverage
-----------------------------------------------------------------------------------------------------------------------
Tax Preparation                                  Per NTL Policy
-----------------------------------------------------------------------------------------------------------------------
Relocation                                       Per NTL Policy
UK Club Dues                                     For local Health Club
-----------------------------------------------------------------------------------------------------------------------
 IV) Tax Equalization(2)                         Per Policy
-----------------------------------------------------------------------------------------------------------------------
  V) Other                                       N/A
-----------------------------------------------------------------------------------------------------------------------
</TABLE>

(1) Utilizing full unrestricted coach fares from Chicago to London payable at
the time of hire for 2003 and annually thereafter

(2) Tax equalization based upon Illinois State hypo tax.

                                       21
<PAGE>

                                                                      Appendix B

         Stock Options under NTL Incorporated 2003 Stock Option Plan ("Plan")

         OPTIONS GRANTED ON THE EFFECTIVE DATE:

         20,000 options; granted 20% immediately, 20% on each of 3/31/03,
         6/30/03, 9/30/03, 12/31/03. Strike Price of initial grant is $15.00 and
         of subsequent grants as determined by compensation committee; vests 1/5
         on each anniversary date of issuance. Upon any termination vested
         options must be exercised within three months of the termination date.

         Other Terms

                  Options will have a ten-year total term. Options vesting will
                  accelerate on an Acceleration Event as defined in the Plan.

                                       22
<PAGE>

                         NTL DIGITAL US INC CORPORATION

                    TAX & SOCIAL SECURITY EQUALISATION POLICY

A.       OBJECTIVE

         A TAX & SOCIAL SECURITY EQUALISATION POLICY has been established for
         employees on foreign assignment, as an employee's actual tax liability
         will be different from what it would have been in the home country.
         (This is because expatriate allowances and reimbursements may be
         taxable in the foreign country; the employee is also likely to remain
         subject to home country taxes).

         This policy ensures that an expatriate's total tax burden will
         approximate to that of an NTL DIGITAL US INC employee working in the US
         with comparable NTL DIGITAL US INC income, personal income,
         adjustments, deductions and exemptions, irrespective of host (i.e.,
         assignment) country.

         By equalising income tax and social security costs for its expatriates,
         NTL DIGITAL US INC intends that each expatriate shall fully comply with
         the. tax filing and payment requirements imposed by the taxing
         authorities in his country of assignment and by his home country.
         Assistance will be provided to the expatriate by an international tax
         consulting firm in order to meet these tax return filing requirements.

B.       REPORTING OBLIGATIONS

         NTL DIGITAL US INC requires that all employees be familiar and comply
         fully with all applicable national and local laws. In connection with
         tax and social security matters, the following guidelines ensure that
         NTL DIGITAL US INC and its expatriates will fully comply with worldwide
         income tax and social security requirements.

                  -        NTL DIGITAL US INC regards compliance with worldwide
                           income tax and social security requirements as a
                           mandatory obligation of each expatriate.

                  -        An expatriate must conduct himself at all times so as
                           to avoid charges of fiscal evasion or abuse, or of
                           violation of local law, which could jeopardise in any
                           way his standing personally or as a representative of
                           NTL DIGITAL US INC.

                  -        An expatriate is expected to exercise care and
                           attention in minimising his liability for worldwide
                           income taxes and social security contributions in
                           accordance with appropriate principles of fiscal
                           planning. An expatriate must co-operate with NTL
                           DIGITAL US INC to ensure that his tax returns are
                           filed in such a manner as to produce the lowest
                           possible tax permitted by law.

                                       23
<PAGE>

         Each expatriate is required to report taxable income and pay income
         taxes to the taxing authorities which have jurisdiction during the
         period of his International Assignment. The income tax and social
         security contributions to be paid by each expatriate will be governed
         by the fiscal laws and regulations under which the authorities operate.

C.       TAX RETURN PREPARATION ASSISTANCE

         It is the responsibility of each expatriate to ensure that the proper
         income tax returns are filed when due. NTL DIGITAL US INC has engaged
         an international tax consulting firm to assist expatriate employees in
         meeting this obligation. The fee for such services will be borne by NTL
         DIGITAL US INC.

         Tax returns prepared by the international tax consulting firm will be
         kept confidential by them.

D.       IMPLEMENTATION OF TAX EQUALISATION

         NTL DIGITAL US INC will continue to withhold actual US Social Security
         Taxes from the base salary of a US citizen or green-card holder during
         an International Assignment, subject to maximum statutory limitations.

         As noted above, under the NTL DIGITAL US INC TAX & SOCIAL SECURITY
         EQUALISATION POLICY, each expatriate will have a total income tax
         burden approximately equal to that of an NTL DIGITAL US INC employee
         working in the US with comparable income, adjustments, deductions and
         exemptions.

         This is achieved by calculating a hypothetical tax liability and
         subtracting this amount from the expatriate's base salary during the
         year.

         Having reduced base salary by a retained hypothetical US income tax,
         NTL DIGITAL US INC will assume responsibility for paying the
         expatriate's actual worldwide income tax liability as well as his
         actual local social tax, if any.

         After the close of the year, and after an expatriate's US Federal (and
         State, if required) income tax return has been filed, the international
         tax consulting will prepare a year-end reconciliation. The "retailed
         hypothetical US income tax" will be adjusted, to reflect actual income
         and deductions in place of estimated amounts used at the beginning of
         the year. This reconciliation will be the basis of a final settlement
         between NTL DIGITAL US INC and the expatriate of that year's income tax
         reimbursement.

         1.       HYPOTHETICAL US INCOME TAX (RETAINED FROM PAY)

                  Hypothetical tax represents an estimate of the expatriate's US
                  Federal and Illinois State tax obligations on his or her
                  projected taxable income. This will be calculated using actual
                  filing status, current dependency exemptions and tax rates for
                  the taxable year. NTL DIGITAL US INC has agreed to calculate
                  hypothetical

                                       24
<PAGE>

                  State tax based on Illinois rates, since this is where payroll
                  is maintained, irrespective of an individual's 'home' state
                  prior to accepting overseas assignment.

                  Income to be included in the hypothetical tax calculations is
                  as follows:

                      -    base salary

                      -    bonus

                      -    group term life

                      -    personal passive (investment) income

         If married, passive income of expatriate's spouse will also be
         included. Subject to the specific exception below, spousal salary or
         other earned income, however, is specifically excluded from the
         Hypothetical calculation. Rationale: spouse is eligible to elect
         Sec.911 foreign earned income exclusion in their own right. This, plus
         credit for foreign taxes paid on foreign source wages, should result in
         no incremental US tax being due on such income. Spouse remains
         personally liable for all foreign income and. social security taxes
         due.

         In arriving at hypothetical taxable income, deductions will be
         available for:

                      -    actual amounts claimed on Federal income tax return
                           to arrive at adjusted gross income.

                      -    actual itemised deductions per Federal return,
                           excluding moving expenses.

                      -    mortgage interest and real estate taxes paid per
                           Federal Schedule A or, if home is sold during
                           overseas assignment, the amounts deductible in last
                           complete tax year prior to sale.

                      -    credit will be given for hypothetical Illinois State
                           taxes calculated, if this figure is higher than
                           actual taxes claimed in Federal return.

         The hypothetical US income tax retained from pay may be changed by NTL
         DIGITAL US INC during the course of a year whenever there is a change
         in the expatriate's base salary, 401(k) contribution, or other NTL
         DIGITAL US INC income/related deductions, or a change in filing status
         or number of dependants. Also, upon notification and verification of US
         itemised deductions and deductible losses and adjustments such as US
         rental losses and alimony, NTL DIGITAL US INC may reduce the retailed
         hypothetical tax to give the expatriate current tax benefit.
         Conversely, NTL DIGITAL US INC may increase the retailed hypothetical
         tax in order to collect the additional hypothetical US income tax on
         net personal income such as dividends and interest.

         The hypothetical US income tax retained from pay is not a withholding
         tax and should not be confused with the amount of US income tax
         withholding to which the expatriate may have been subject prior to the
         International Assignment. The two amounts are

                                       25
<PAGE>

         calculated in different ways and will often be different in amount. THE
         HYPOTHETICAL US INCOME TAX IS SIMPLY A NEGATIVE ITEM IN THE
         EXPATRIATE'S COMPENSATION PACKAGE WHICH, BECAUSE IT APPROXIMATES HIS
         TAX OBLIGATION FOR THE YEAR ON NTL DIGITAL US INC INCOME, PROVIDES THE
         EXPATRIATE WITH APPROXIMATELY THE SAME NET LEVEL OF SPENDABLE INCOME AS
         A COUNTERPART US EMPLOYEE.

         Spousal Income - Exception

         In the event that both spouses are employed by NTL DIGITAL US INC and
         on foreign assignment, the hypothetical tax liability will be based on
         the inclusion of all income (as above) and calculated on the basis of
         the married filing joint tax rates. The hypothetical taxes payable by
         each spouse will be in proportion to their respective gross income (as
         defined above), but net of 401k contributions and/or other NTL DIGITAL
         US INC income/related deductions.

         2.       FINAL HYPOTHETICAL US INCOME TAX (FOR TAX REIMBURSEMENT
                  PURPOSES)

         As stated above, after the close of the year, the "retained
         hypothetical US income tax" will be adjusted to a "final hypothetical
         US income tax" based on actual amounts. This hypothetical US income tax
         then becomes the "final" income tax burden which an expatriate must
         bear for such year, and will approximate that of an NTL DIGITAL US INC
         employee in the US with comparable base salary, bonus, other NTL
         DIGITAL US INC income, personal income or losses, deductions and
         exemptions.

         Because the United States taxes its citizens and green-card holders on
         worldwide income, the final hypothetical US income tax will be based
         not only on NTL DIGITAL US INC base salary and bonus, but also on the
         expatriate's taxable net personal income or loss, adjustments, and in
         most circumstances on his actual itemised deductions as well. In the
         absence of a reduction in the retained hypothetical US tax as discussed
         above, the NTL DIGITAL US INC expatriate with losses, alimony or
         itemised deductions will likely receive a cash reimbursement from NTL
         DIGITAL US INC after the end of the year. On the other hand, an NTL
         DIGITAL US INC expatriate with net personal income will be obliged to
         make a cash payment to NTL DIGITAL US INC after the end of the year
         equal to the additional hypothetical tax on such income. Such
         expatriates are thereby on notice that they must have sufficient cash
         to pay this hypothetical tax on personal income, or make arrangements
         for NTL DIGITAL US INC to retain it through payroll or to make payments
         of Estimated US income tax to the IRS and to State tax authorities, if
         applicable.

         The final hypothetical US income tax will be based on the following
         items:

                  (a)      NTL DIGITAL US INC Income

                       -   Base salary, less 401(k) contributions and any other
                           pre-tax employee contributions. (For this purpose, in
                           the case of an employee who works a part-year on
                           International Assignment for NTL DIGITAL US INC and

                                       26
<PAGE>

                           who works a part-year for NTL DIGITAL US INC in the
                           US base salary will be the sum of the two part-year
                           base salaries).

                       -   Cash bonuses and any other cash incentive
                           compensation.

                       -   (Income from the exercise of NTL DIGITAL US INC Stock
                           Options. (Note, however, that while an expatriate
                           will be charged a US hypothetical tax on Stock Option
                           income, it is in the best interests of the
                           expatriate, and of NTL DIGITAL US INC, for the tax
                           consequences of stock option exercises to be
                           thoroughly discussed with the international tax
                           consulting firm in advance of the exercise and of any
                           subsequent sale of shares, in order to mitigate
                           adverse tax consequences).

                       -   Income from any other NTL DIGITAL US INC stock-based
                           incentive plan.

                       -   Imputed income from group term life insurance and any
                           other employee benefit considered taxable in the US
                           which the expatriate would have received independent
                           of his International Assignment.

                       -   Overseas allowances are excluded from all
                           calculations of hypothetical tax to ensure that NTL
                           DIGITAL US INC bears the full cost of any tax imposed
                           on these allowances.

                  (b)      Net Personal Income

                  "Net personal income" is the positive amount which results
                  from subtracting "personal losses" from "personal income". NTL
                  DIGITAL US INC reserves the right to "cap" the amount of net
                  personal income which it will tax equalise under this policy,
                  and also to limit its reimbursement of host country income
                  taxes thereon when such taxes could have been avoided by
                  following the tax advice of the international tax consulting
                  firm.

                  "Personal income" encompasses income earned or received from
                  sources other than NTL DIGITAL US INC. It includes, but is not
                  limited to, amounts from the following sources which are
                  taxable on an expatriate's actual US income tax return:

                       -   Dividends

                       -   Interest

                       -   State income tax refunds

                       -   Net capital gain, other than gain from the sale of an
                           expatriate's US principal residence and gain from the
                           sale of any residence owned by the expatriate country
                           of assignment.

                                       27
<PAGE>

                       -   Net rental income (but excluding any NTL DIGITAL US
                           INC-funded expenses).

                       -   Net partnership income.

                  Capital gain arising from the sale of an expatriate's US
                  principal residence will not be tax equalised under the NTL
                  DIGITAL US INC policy. In this connection, it is possible for
                  an expatriate who sells his US principal residence (upon
                  taking an International Assignment) to defer the Federal (but
                  not all states') income tax on his gain, if any, by
                  reinvesting the proceeds (within certain time limits) in a new
                  principal residence. The tax consequences of selling versus
                  renting should be discussed with the international tax
                  consulting firm. In the event an expatriate chooses to sell
                  his US principal residence, at any time, the expatriate will
                  be responsible for the full amount of the income tax payable,
                  if any, on the gain therefrom, as well as the full amount of
                  the income tax payable, if any, on the sale of any residence
                  owned by the expatriate in the country of assignment.

                  "Personal Income" also includes:

                       -   Any salaries or compensation received by the
                           expatriate prior to, or subsequent to, the
                           International Assignment, while self-employed or
                           employed by a corporation unrelated to NTL DIGITAL US
                           INC.

                       -   Any salaries, compensation or self-employment income
                           received by the expatriate's spouse prior to, or
                           subsequent to, the International Assignment.

                  During the period of the expatriate's International
                  Assignment, to the extent that an expatriate's spouse has a
                  job in the host country, or is self-employed there, the spouse
                  will be fully responsible for any income and social taxes
                  imposed on the spouse's income. In this circumstance, the
                  Year-End US. Tax Equalisation calculation will not reflect a
                  final hypothetical US income tax on such income; and in
                  calculating the actual US income tax if any, attributable to
                  the spouse's income, the spouse will receive the full benefit
                  of the spouse's "earned income exclusion" and the appropriate
                  "foreign tax credit" available under US tax law. However,
                  where the host country is the UK, the "married couple's
                  allowance" will be deemed deductible by the NTL DIGITAL US INC
                  expatriate and not by his spouse.

                  "Personal losses" encompass losses funded exclusively by the
                  expatriate. This category includes, but is not limited to:

                       -   Net capital loss deductible on the actual US income
                           tax return.

                       -   Net rental loss deductible on the actual US income
                           tax return (but excluding any NTL DIGITAL US INC
                           funded expenses).

                                       28
<PAGE>

                       -   Net partnership loss deductible on the actual US
                           income tax return.

                  (c)      Net Personal Loss

                           "Net Personal Loss is the negative amount which
                           results from subtracting "personal losses" from
                           "personal income".

                  (d)      Deductions

                  The following deductions which are not funded by NTL DIGITAL
                  US INC via a specific allowance payment will be allowed in
                  arriving at an expatriate's hypothetical taxable income for
                  purposes of computing his final hypothetical US income tax:

                  Adjustments to gross income claimed on the expatriate's actual
                  US income tax return for the taxable year, such as alimony,
                  forfeited interest, and deductible IRA contributions; plus

                  -        the amount of actual itemised deductions deductible
                           on an expatriate's US income tax return for the
                           taxable year plus the amount of the final
                           hypothetical State income tax for the year;

                  -        an amount equal to the last full tax year's expense
                           for mortgage interest and real estate taxes where the
                           principal residence in USA has been sold.

                  An expatriate's actual itemised deductions will be reduced by
                  those expenses (principally moving expenses) which were
                  reimbursed (directly or in the form of an allowance) by NTL
                  DIGITAL US INC.

                  (e)      Tax Rates & Filing Status

                  In computing the final hypothetical US income tax, the tax
                  rates and filing status to be used are those used on the
                  actual US income tax return (and State return, if required)
                  for the taxable year.

                  (f)      Tax Income Taxes

                  The State portion of the final hypothetical US income tax will
                  be adjusted after year-end to include the various items of
                  income and deductions described above, applying the tax laws
                  of the State of Illinois which would have been applicable to
                  an expatriate if he had remained in the US.

                  In most cases, an expatriate will not be subject to actual
                  State income taxes on his worldwide earnings abroad, However,
                  some states may attempt to assess state income taxes in
                  certain situations. Where this occurs, the following rules
                  will apply:

                                       29
<PAGE>

                       -   Tax based on "domicile" or "residence" in year of
                           departure from US or return to US

                             Some states assess tax on an expatriate's overseas
                             earnings due to the fact that the expatriate was
                             domiciled in that state during the year.

                             In such cases, an equitable adjustment will be made
                             to keep the expatriate whole.

                       -   State Income Tax on Business Trips to the US

                             In certain circumstances, business trips to the US
                             by an expatriate may attract State income tax on
                             earnings related to such business trips. NTL
                             DIGITAL US INC will reimburse an expatriate for all
                             state income taxes assessed on income earned on
                             business trips to the US.

         3.       REIMBURSEMENT OF ACTUAL WORLDWIDE INCOME TAXES & LOCAL SOCIAL
                  SERVICES

                  Having reduced an expatriate's compensation by a retained
                  hypothetical US income tax which is later adjusted to a final
                  hypothetical US tax, NTL DIGITAL US INC will reimburse the
                  actual amount of worldwide income taxes paid by an expatriate
                  as well as local social taxes paid, if any.

                  In general, NTL DIGITAL US INC employees on International
                  Assignment will be subject to income and social taxes in their
                  country of assignment. Where this is the case, NTL DIGITAL US
                  INC expects each expatriate to comply fully with the tax laws
                  of such country, relying on the services of the international
                  tax consulting firm in the preparation of required tax returns
                  and in legally minimising income tax liabilities.

                  Whenever an expatriate must pay a local income or- social tax,
                  NTL DIGITAL US INC will at that time pay the amount of such
                  tax to or on behalf of the expatriate. This includes local
                  income and social taxes in the form of:

                       -   Withholding taxes which NTL DIGITAL US INC is
                           required to pay over to the assignment country
                           government.

                       -   Estimated tax filings made during the year.

                       -   Payment of the balance due with the assignment
                           country income tax return or upon final assessment
                           for the tax year.

                  In all cases, the expatriate's cash flow will not be reduced
                  by tax payments to the assignment country government.

                  Verification of the actual amount of local taxes paid by each
                  expatriate will be provided by Ernst & Young, which will
                  communicate the amount thereof to NTL DIGITAL US INC. An
                  amount equal to any local tax refunds must be paid or

                                       30
<PAGE>

                  turned over to NTL DIGITAL US INC by the expatriate, since NTL
                  DIGITAL US INC (and not the expatriate) will have funded all
                  local taxes.

         4.       YEAR-END US TAX EQUALISATION

                  After an expatriate's US income tax return (if required) has
                  been filed, the international tax consulting firm will prepare
                  a tax reconciliation.

                  NTL DIGITAL US INC will provide to the consultants the salary
                  and other information (retained hypothetical tax, etc.)
                  necessary to complete this form. The consultants will send the
                  Year-End US Tax reconciliation to NTL DIGITAL US INC, who will
                  review the calculation and then forward it to the expatriate.

                  The "Year-End US Tax reconciliation" will reconcile the
                  retained hypothetical US income tax with the final
                  hypothetical US income tax for the year. It will also disclose
                  the actual US income tax for the year (if any) which, under
                  this policy, is fully reimbursable by NTL DIGITAL US INC. The
                  reconciliation will then indicate the net reimbursement owed
                  to/by the expatriate, and NTL DIGITAL US INC reimbursement
                  will be made as appropriate and final.

                  NTL DIGITAL US INC will reimburse the expatriate for all
                  interest and penalties relating to NTL DIGITAL US INC income
                  except when the assessment of the interest and penalties
                  results from the negligence or fault of the expatriate;
                  e.g.,., a delay in submitting data booklets or tax
                  questionnaires to the consultants which in turn prevents the
                  timely filing of a return.

                  NTL DIGITAL US INC will also reimburse interest imposed on any
                  balance due resulting from an extended due date for filing US
                  tax returns granted to US taxpayers residing overseas.

         5.       CREDITS ALLOWED AGAINST US TAX FOR LOCAL TAXES PAID

                  Any tax credits for local taxes (referred to as "foreign tax
                  credits") reimbursed by NTL DIGITAL US INC which reduce an
                  expatriate's US income tax liability prior to, during or
                  subsequent to his International Assignment, will be considered
                  to be for the benefit of NTL DIGITAL US INC.

                  It also includes tax credits (reimbursed by NTL DIGITAL US
                  INC) which are carried back or carried forward, regardless of
                  whether the income in the carryback or carry forward year is
                  related to the International Assignment. In such instances, an
                  expatriate must pay the amount of his tax refund received from
                  the Internal Revenue Service, plus interest, to NTL DIGITAL US
                  INC. This payment is to be made within 10 days of receipt of
                  the refund.

         6.       NET OPERATING LOSSES

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<PAGE>

                  Any net operating losses resulting from exclusions available
                  to US citizens working abroad will be considered to be for the
                  benefit of NTL DIGITAL US INC, because the tax benefit of
                  these personal losses will have been fully realised by the
                  expatriate in the hypothetical tax calculation. This includes
                  a net operating loss which is carried back or carried forward
                  regardless of whether the income in the carryback or carry
                  forward year is related to the International Assignment. In
                  such instances, an expatriate must pay the amount of his tax
                  refund received from the Internal Revenue Service and
                  applicable state tax authority, plus interest, to NTL DIGITAL
                  US INC. This payment is to be made within 10 days of receipt
                  of the refund.

         7.       SUBSEQUENT ADJUSTMENTS

                  Assignment country government or US Internal Revenue Service
                  or State government examinations of expatriate income tax
                  returns are not. uncommon. When they occur, the year-end US or
                  local tax equalisation for that year will be recomputed, if
                  necessary, with adjustments made as appropriate.

         8.       "TAX ON TAX"

                  Whenever NTL DIGITAL US INC reimburses local or US income
                  taxes (either currently, or in the following year), such
                  reimbursements themselves constitute taxable income for US
                  income tax purposes and, generally, for assignment country tax
                  purposes as well. Under the NTL DIGITAL US INC TAX & SOCIAL
                  SECURITY EQUALISATION POLICY, any "final" tax paid with
                  respect to income tax reimbursements will be fully reimbursed
                  by NTL DIGITAL US INC.

                  For repatriated employees receiving tax reimbursements during
                  the year subsequent to termination of their International
                  Assignment, the payment may be grossed up to include any final
                  tax due on the reimbursement in order to keep the employee
                  whole.

         9.       SHORT-TERM LOANS

                  Even though compensation is reduced by the hypothetical US
                  income tax, it may be necessary for NTL DIGITAL US INC to
                  withhold actual US or local taxes as applicable, and to remit
                  these taxes to the proper US and local taxing authorities. In
                  order to ease the expatriate's cash flow burden, the
                  expatriate in such cases will receive a loan equal to the
                  local and/or US taxes withheld, with the approval of NTL
                  DIGITAL US INC. This loan will, to the extent possible, be
                  remitted to the expatriate at the same time that the salary
                  check is issued. The total loan will be settled in the
                  following year at the time the Year-End US or local tax
                  reconciliation is prepared.

         10.      ANNUAL SETTLEMENT WITH EXPATRIATE

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<PAGE>

                  When the Year-End Equalisation calculations result in a
                  balance due to the expatriate, the amount will first be
                  applied against any outstanding loans for the same year. The
                  remainder will be paid by NTL DIGITAL US INC to the
                  expatriate.

                  If loans for a particular year exceed the amount of the tax
                  equalisation balance due, the expatriate must repay such
                  excess loans to NTL DIGITAL US INC within 10 days of receiving
                  the applicable refund of taxes from the US or local government
                  taxing authorities. NTL DIGITAL US INC reserves the right to
                  recapture all unpaid tax loans by reducing the expatriate's
                  base salary.

         11.      TREATMENT OF NEW, RETURNING, TERMINATED AND RETIRED
                  EXPATRIATES

                  For an expatriate who is hired, transferred, terminated or who
                  returns home during the year, the Year-End US Tax Equalisation
                  will be adjusted in order to compare:

                       -   Hypothetical US income tax retained from compensation
                           (described above) during the portion of the year
                           spent on International Assignment,

                       -   Final hypothetical US income tax (described above) on
                           the entire year's income, and

                       -   Actual US income tax liability on Form 1040 for the
                           entire year.

                  Where the expatriate was employed by an employer other than
                  NTL DIGITAL US INC or any affiliate during the year,
                  compensation from the expatriate's previous or subsequent
                  employer will be treated as personal income and will therefore
                  be subject to US hypothetical tax and will be fully tax
                  equalised.

                  Where the expatriate spent part of the year (either
                  pre-assignment or post assignment) in the US he will be fully
                  responsible for applicable State income taxes assessed during
                  such part-year periods, except to the extent that such state
                  income taxes are increased by a NTL DIGITAL US INC allowance
                  on which NTL DIGITAL US INC assumes responsibility for paying
                  actual taxes.

         12.      TREATMENT OF EXPATRIATES WHO ARE MARRIED TO PARTICIPANTS IN
                  TAX EQUALISATION POLICIES OF OTHER EMPLOYERS

                  For an expatriate whose spouse is employed in the host country
                  by entities other than NTL DIGITAL US INC and is covered by a
                  tax equalisation policy of another employer, the manner in
                  which the final hypothetical tax and reimbursable US and local
                  taxes are calculated will be determined on a case-by-case
                  basis. This approach will ensure that an NTL DIGITAL US INC
                  expatriate receives the protection to which he is entitled
                  under the NTL DIGITAL US INC TAX & SOCIAL SECURITY
                  EQUALISATION POLICY by eliminating any distorted results which
                  could occur if the standard calculations were performed.

                                       33
<PAGE>

                                                                      Appendix D

                                RELEASE AGREEMENT

                  In consideration of the payments and benefits provided for or
referred to in the attached Schedule (the "Benefits"), and the release from
[employee's name] (the "Employee") set forth herein, NTL Incorporated (the
"Company") and the Employee agree to the terms of this Release Agreement.

                  1.       The Employee acknowledges and agrees that the Company
is under no obligation to offer the Employee the Benefits, unless the Employee
consents to the terms of this Release Agreement. The Employee further
acknowledges that he/she is under no obligation to consent to the terms of this
Release Agreement and that the Employee has entered into this agreement freely
and voluntarily.

                  2.       The Employee voluntarily, knowingly and willingly
releases and forever discharges the Company and its Affiliates, together with
their respective officers, directors, partners, shareholders, employees, agents,
and the officers, directors, partners, shareholders, employees, agents of the
foregoing, as well as each of their predecessors, successors and assigns
(collectively, "Releasees"), from any and all charges, complaints, claims,
promises, agreements, controversies, causes of action and demands of any nature
whatsoever that the Employee or his/her executors, administrators, successors or
assigns ever had, now have or hereafter can, shall or may have against Releasees
by reason of any matter, cause or thing whatsoever arising prior to the time of
signing of this Release Agreement by the Employee. The release being provided by
the Employee in this Release Agreement includes, but is not limited to, any
rights or claims relating in any way to the Employee's employment relationship
with the Company, or the termination thereof, or under any statute, including
the federal Age Discrimination in Employment Act of 1967, Title VII of the Civil
Rights Act of 1964, the Civil Rights Act of 1990, the Americans with
Disabilities Act of 1990, the Employee Retirement Income Security Act of 1974,
the Family and Medical Leave Act of 1993, each as amended, and any other
federal, state or local law or judicial decision. 3. The Employee acknowledges
and agrees that he/she shall not, directly or indirectly, seek or further be
entitled to any personal recovery in any lawsuit or other claim against the
Company or any other Releasee based on any event arising out of the matters
released in paragraph 2.

                  3.       Nothing herein shall be deemed to release (i) any of
the Employee's rights to the Benefits or (ii) any of the benefits that the
Employee has accrued prior to the date this Release Agreement is executed by the
Employee under the Company's employee benefit plans and arrangements, or any
agreement in effect with respect to the employment of the Employee of (iii) any
claim for indemnification as provided under Section 10 of the Employment
Agreement.

                  4.       In consideration of the Employee's release set forth
in paragraph 2, the Company knowingly and willingly releases and forever
discharges the Employee from any and all charges, complaints, claims, promises,
agreements, controversies, causes of action and demands of any nature whatsoever
that the Company now has or hereafter can, shall or may have against him/her by
reason of any matter, cause or thing whatsoever arising prior to the time of
signing of this Release Agreement by the Company, provided, however, that
nothing herein is

                                       34
<PAGE>

intended to release any claim the Company may have against the Employee for any
illegal conduct.

                  5        The Employee acknowledges that the Company has
advised him/her to consult with an attorney of his/her choice prior to signing
this Release Agreement. The Employee represents that, to the extent he/she
desires, he/she has had the opportunity to review this Release Agreement with an
attorney of his/her choice.

                  6.       The Employee acknowledges that he/she has been
offered the opportunity to consider the terms of this Release Agreement for a
period of at least fortyfive (45) days, although he/she may sign it sooner
should he/she desire. The Employee further shall have seven additional days from
the date of signing this Release Agreement to revoke his/her consent hereto by
notifying, in writing, the General Counsel of the Company. This Release
Agreement will not become effective until seven days after the date on which the
Employee has signed it without revocation.

                                 _________________________________
                                 [Employee Name]

                                 _________________________________

                                 By:______________________________

                                       35
<PAGE>

                                                                      Appendix E

                  A "Change in Control" shall be deemed to have occurred if the
event set forth in any one of the following paragraphs shall have occurred:

                           (i)      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 (a) of Paragraph (iii) below; or

                           (ii)     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 of Directors of the
                                    Company ("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
                                    stockholders 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

                           (iii)    there is consummated a merger or
                                    consolidation of the Company or any direct
                                    or indirect subsidiary of the Company with
                                    any other corporation, other than (a) 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
                                    Company or such surviving entity or any
                                    parent thereof outstanding consolidation
                                    effected to implement a recapitalization of
                                    the Company (or similar transaction) in
                                    which no Person is or becomes the Beneficial
                                    Owner, directory 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; or

                           (iv)     the stockholders 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

                                       36
<PAGE>

                                    Company of all or substantially all of the
                                    Company's assets, other than a sale or
                                    disposition by the Company of all
                                    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 stockholders of the
                                    Company immediately prior to such sale.

         Notwithstanding the foregoing, a "Change in Control" 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 common stock 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.

         For purposes of this Appendix E:

         "Affiliate" shall have the meaning set forth in Rule 12b-2 under
         Section 12 of the Securities Exchange Act of 1934.

         "Person" shall have the meaning given in Section 3(a)(9) of the
         Securities Exchange Act of 1934, as modified and used in Sections 13(d)
         and 14(d) thereof, except that such terms 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
         corporation owned, directly or indirectly, by stockholders of the
         Company in substantially the same proportions as their ownership of
         stock of the Company.

         "Beneficial Owner" shall have the meaning set forth in Rule 13d-3 under
         the Securities Exchange Act of 1934, except that a Person shall not be
         deemed to be the Beneficial Owner of any securities which are properly
         fled on a Form 13-G.

                                       37

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