Document:

Amended and Restated Operating Agreement

 Exhibit 10.2 
  
 AMENDED AND RESTATED 
  
 OPERATING AGREEMENT OF 
  
 INSIGHT COMMUNICATIONS OF CENTRAL OHIO, LLC 
  
 DATED AS OF 
  
 SEPTEMBER 29, 2003 

 TABLE OF CONTENTS 
  

	 	  	 	  	Page

	 ARTICLE 1 DEFINITIONS
	  	1
			
	     1.1
	  	            Terms Defined in this Section
	  	1
	     1.2
	  	            Terms Defined Elsewhere in this Agreement
	  	4
	     1.3
	  	            Terms Generally
	  	4
		
	 ARTICLE 2 FORMATION AND PURPOSE
	  	4
			
	     2.1
	  	            Formation
	  	4
	     2.2
	  	            Name
	  	4
	     2.3
	  	            Principal and Registered Office
	  	5
	     2.4
	  	            Term
	  	5
	     2.5
	  	            Purposes of Company
	  	5
	     2.6
	  	            Certificate
	  	6
	     2.7
	  	            Address of the Members.
	  	6
	     2.8
	  	            Foreign Qualification
	  	7
		
	 ARTICLE 3 CONTRIBUTIONS AND CAPITAL ACCOUNTS
	  	7
			
	     3.1
	  	            Initial Contributions
	  	7
	     3.2
	  	            Maintenance of Capital Accounts
	  	7
	     3.3
	  	            Special Rules With Respect To Capital
Accounts
	  	7
	     3.4
	  	            Withdrawal of Capital
	  	8
	     3.5
	  	            Additional Contributions
	  	8
	     3.6
	  	            Return of Contributions
	  	8
		
	 ARTICLE 4 ALLOCATION OF PROFITS AND LOSSES
	  	8
			
	     4.1
	  	            Allocations of Profits and Losses
	  	8
	     4.2
	  	            Qualified Income Offset
	  	8
		
	 ARTICLE 5 DISTRIBUTIONS OF INCOME
	  	9
			
	     5.1
	  	            Distributions of Net Income
	  	9
		
	 ARTICLE 6 AUTHORITY OF THE MANAGER; OTHER MATTERS AFFECTING MEMBERS
	  	9
			
	     6.1
	  	            Appointment of Manager
	  	9
	     6.2
	  	            Authority of Manager
	  	9
	     6.3
	  	            Limited Liability
	  	9
	     6.4
	  	            Return of Distributions of Capital
	  	9
		
	 ARTICLE 7 TRANSFER OF MEMBERSHIP INTERESTS
	  	10

  

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	 	  	 	  	Page

	     7.1
	  	          Transferees
	  	10
	     7.2
	  	          Other Consents and Requirements
	  	10
	     7.3
	  	          Assignment Not In Compliance
	  	11
	     7.4
	  	          Pledge of Membership Interest
	  	11
		
	 ARTICLE 8 DISSOLUTION AND LIQUIDATION OF COMPANY
	  	11
			
	     8.1
	  	          Events of Dissolution
	  	11
	     8.2
	  	          Liquidation
	  	11
		
	 ARTICLE 9 INDEMNIFICATION
	  	12
			
	     9.1
	  	          General
	  	12
	     9.2
	  	          Exculpation
	  	12
	     9.3
	  	          Persons Entitled to Indemnity
	  	13
	     9.4
	  	          Procedure Agreements
	  	13
		
	 ARTICLE 10 BOOKS, RECORDS, ACCOUNTING, AND REPORTS
	  	13
			
	     10.1
	  	          Books and Records
	  	13
	     10.2
	  	          Other Filings
	  	13
		
	 ARTICLE 11 AMENDMENTS AND WAIVERS
	  	14
			
	     11.1
	  	          Amendments to Operating Agreement
	  	14
	     11.2
	  	          Waivers
	  	14
		
	 ARTICLE 12 MISCELLANEOUS
	  	14
			
	     12.1
	  	          General
	  	14
	     12.2
	  	          Notices, Etc
	  	14
	     12.3
	  	          No Third-Party Beneficiaries
	  	14
	     12.4
	  	          Headings
	  	15

  

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 AMENDED AND RESTATED 
 OPERATING AGREEMENT 
 OF 
 INSIGHT COMMUNICATIONS OF CENTRAL OHIO, LLC 
  
 This OPERATING AGREEMENT is made and entered into as of September 29, 2003, by INSIGHT COMMUNICATIONS OF CENTRAL OHIO, LLC, a Delaware limited liability
company (the “Company”), COAXIAL COMMUNICATIONS OF CENTRAL OHIO, INC., an Ohio corporation (“Coaxial”), and INSIGHT MIDWEST HOLDINGS, LLC, a Delaware limited company (“Holdings”). 
  
 RECITALS 
  
 A. The Company was formed on July 23, 1998 pursuant to the Delaware Limited Liability Company Act (the “Act”), and
the then members thereof and certain other parties entered into an Operating Agreement dated as of August 21, 1998, as amended and restated as of August 8, 2000 (the “Old Agreement”). 
  
 B. Pursuant to a Conversion Agreement dated as of September 26, 2003, the
preferred membership interest in the Company owned by Coaxial was converted into a common membership interest. 
  
 C. Pursuant to an Assignment Agreement dated as of September 29, 2003, Insight Holdings of Ohio LLC assigned its membership interest in the company to
Holdings. 
  
 D. Holdings now holds a 18% common interest in the
Company and Coaxial holds a 82% common interest in the Company. 
  
 E. The parties hereto wish to amend and restate the Old Agreement in its entirety as set forth herein in order and to appropriately regulate the affairs of the Company, the conduct of its business, and the relations of the Members and the
Company. 
  
 NOW, THEREFORE, in consideration of the mutual
covenants contained herein and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows: 
  
 ARTICLE 1 
  
 DEFINITIONS 
  
 1.1 Terms Defined in this Section. For purposes of this Agreement, the following terms shall have the following meanings (all terms used in this
Agreement that are not defined in this Section 1.1 shall have the meanings set forth elsewhere in this Agreement as indicated in Section 1.2, except as otherwise provided in this Agreement): 
  
 “Adjusted Capital Account Deficit” shall mean, with respect
to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments: 
  
 (i) increase such Capital Account by any amounts which such Member is obligated to contribute to the Company (pursuant to
the terms of this Agreement or otherwise) or is deemed to be obligated to contribute to the Company pursuant to Regulations Sections 1.704-2 (g) (1) and 1.704-2 (i) (5) ; and 

 (ii) reduce such Capital Account by the amount of the items described in Regulations Sections 1.704-1 (b)
(2) (ii) (d) (4), (5) and (6). 
  
 The foregoing definition of
Adjusted Capital Account Deficit generally is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith. 
  
 “Agreement” means this Agreement, as it may be amended from time to time. 
  
 “Business Day” means any day (other than a day that is a
Saturday or Sunday) on which banks are permitted to be open for business in the State of New York. 
  
 “Capital Account” shall mean the accounts established on the books of the Company pursuant to Section 3.2. 
  
 “Capital Contribution” means, with respect to a Member, the
amount of money and the net fair market value of property contributed to the Company pursuant to this Agreement. 
  
 “Certificate” means the certificate of formation filed with respect to the Company pursuant to the Act. 
  
 “Code” means the Internal Revenue Code of 1986, as amended
from time to time, and any subsequent federal law of similar import, and, to the extent applicable, the Treasury Regulations. 
  
 “Depreciation” shall mean, for each fiscal year or other period, an amount equal to the depreciation, amortization or other cost recovery
reduction allowable with respect to a Company asset for such year or other period. 
  
 “Fiscal Year” means the fiscal year of the Company, which shall be the calendar year. 
  
 “Interest Ownership Percentage” shall mean, with respect to any Member at any time, the percentage derived by dividing (i) such
Member’s Capital Account at such time by (ii) the aggregate Capital Accounts of all Members at such time. 
  
 “Management Agreement” means the Management Agreement entered into pursuant to Section 6.1 between the Company and the Manager, as it may
be amended from time to time. 
  
 “Manager” means
the manager of the Company appointed pursuant to Section 6.1 hereof. 
  
 “Member” means each of Coaxial and Holdings in its capacity as a Member of the Company or any other Person that succeeds to their respective Membership Interest and is admitted as a Member in accordance with the provisions
of this Agreement, and any additional Person that is admitted as a Member in accordance with the provisions of this Agreement. 
  

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 “Membership Interest” means the entire ownership interest of the Member in the Company
at any particular time, including all of its rights and obligations hereunder and under the Act. 
  
 “Net Income” shall mean all income for federal taxable income purposes minus reasonable reserves that the Manager determines are
necessary to meet ongoing liabilities and other obligations of the Company. 
  
 “Person” shall mean an individual, partnership, joint venture, association, corporation, trust, estate, limited liability company, limited liability partnership, or other legal entity. 
  
 “Profits” and “Losses” shall mean, for each
fiscal year or other period, an amount equal to the Company’s taxable income or loss for such year or period, determined in accordance with Code Section 703(a) (and for this purpose, all items of income, gain, loss, or deduction required to be
stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments: 
  
 (i) Any income of the Company that is exempt from federal income tax and not otherwise taken into account in computing Profits or Losses pursuant to this
Subsection shall be added to such taxable income or loss; 
  
 (ii)
Any expenditures of the Company described in Code Section 705(a)(2)(B) or treated as Code Section 705(a)(2)(B) expenditures pursuant to Regulation Section 1.704-1(b)(2)(iv)(i), and not otherwise required to be taken into account in computing Profits
or Losses pursuant to this Subsection, shall be subtracted from such taxable income or loss; 
  
 (iii) Gain or loss resulting from the disposition of an asset with respect to which gain or loss is recognized for federal income tax purposes shall be determined by reference to the value at which such asset is
carried on the books of the Company; 
  
 (iv) Depreciation shall
be adjusted as required by reference to Regulations Section 1.704-1(b)(2)(iv)(g)(3); and 
  
 (v) In the event that the value at which any asset is carried on the books of the Company is adjusted under Regulations Section 1.704-1(b)(2)(iv)(g), the amount of such adjustment shall be taken into account as gain
or loss from the disposition of such asset. 
  
 “Regulations” shall mean the Income Tax Regulations promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations). 
  
 “Subsidiary” means, at any time, any Person that is
controlled by the Company at such time. 
  

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 “Transferee” means any Person that acquires a Membership Interest from a Member in
accordance with the provisions of this Agreement. 
  
 1.2 Terms
Defined Elsewhere in this Agreement. 
  
 For purposes of this
Agreement, the following terms have the meanings set forth in the sections indicated: 
  

	 Term

	  	 Section

	 Act
	  	Recital A
	 Company
	  	Preamble
	 Coaxial
	  	Preamble
	 Indemnified Persons
	  	Section 9.1
	 Holdings
	  	Preamble
	 Transfer
	  	Section 7.1(a)

  
 1.3 Terms
Generally. 
  
 The definitions in Section 1.1 and elsewhere
in this Agreement shall apply equally to both the singular and plural forms of the terms defined. Whenever the context requires, any pronoun includes the corresponding masculine, feminine, and neuter forms. The words “include,”
“includes,” and “including” are not limiting. Any reference in this Agreement to a “day” or number of “days” (without the explicit qualification of “Business”) shall be interpreted as a reference to
a calendar day or number of calendar days. If any action or notice is to be taken or given on or by a particular calendar day, and such calendar day is not a Business Day, then such action or notice shall be deferred until, or may be taken or given
on, the next Business Day. 
  
 ARTICLE 2 
  
 FORMATION AND PURPOSE 
  
 2.1 Formation. 
  
 The Company was formed on July 23, 1998 as a limited liability company
pursuant to the Act. The parties agree to continue the Company as a limited liability company pursuant to the provisions of the Act. The rights and liabilities of the Members shall be determined pursuant to the Act and this Agreement. To the extent
that the rights or obligations of the Members are different by reason of any provision of this Agreement than they would be in the absence of such provision, this Agreement shall, to the extent permitted by the Act, control. 
  
 2.2 Name. 
  
 The name of the Company is Insight Communications of Central Ohio, LLC. The
business of the Company may be conducted under that name or, upon compliance with applicable laws, any other name that the Manager deems appropriate or advisable. The Company shall file any assumed name certificates and similar filings, and any
amendments thereto, that the Manager considers appropriate or advisable. Such names and any trade or service names, marks, emblems or logos used by the Company shall be exclusive property of the 

  

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Company and no Person shall have any right to use, and the Members agree not to use, any of said names, marks, emblems or logos other than on behalf of the
Company (other than any of the foregoing that incorporates the name “Insight” or any variant thereof, which shall remain the exclusive property of Insight Communications Company, Inc. and its affiliates and may be used by Insight
Communications Company, Inc. and its affiliates without limitation). 
  
 2.3 Principal and Registered Office. 
  
 The
office required to be maintained by the Company in the State of Delaware pursuant to Section 18-104 of the Act shall initially be located at 1209 Orange Street, Wilmington, New Castle County, Delaware 19801. The resident agent of the Company
pursuant to Section 18-104 of the Act shall initially be The Corporation Trust Company. The Company may, upon compliance with the applicable provisions of the Act, change its principal office or resident agent from time to time in the discretion of
the Manager. The principal office of the Company shall be located at 810 Seventh Avenue, New York, New York 10019, or at such other place as the Manager shall from time to time designate. The Company may conduct business at such additional places as
the Manager shall deem advisable. 
  
 2.4 Term. 

 
 The term of the Company commenced when the Certificate was filed with the
Secretary of State of Delaware, and shall continue until December 31, 2058, unless sooner terminated as provided in this Agreement. 
  
 2.5 Purposes of Company. 
  
 The purposes of the Company are: 
  
 (a) to engage in the business, directly or indirectly through interests in one or more Subsidiaries, of acquiring, developing, owning, operating,
managing, and selling cable television systems in the State of Ohio; 
  
 (b) to acquire, develop, own, operate, manage, and sell additional cable television systems in such other States as the Manager may determine; 
  
 (c) to acquire, develop, own, operate, manage, and sell, or invest in, businesses related to and ancillary to the ownership and operation of the cable
television systems referred to above (including, but not limited to, high speed data service, internet access, telephony services and other telephony-related investments or businesses, and video wireless services and wireless communications services
and other wireless-related investments or businesses; 
  
 (d) to
conduct other businesses as determined by the Manager; 
  
 (e) in
connection with the businesses described in Section 2.5(a)-(d), to possess, transfer, mortgage, pledge, or otherwise deal in, and to exercise all rights, powers, privileges, and other incidents of ownership or possession with respect to securities
or other assets held or owned by the Company, and to hold securities or assets in the name of a nominee or nominees; 
  

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 (f) in connection with the businesses described in Section 2.5(a)-(d), to borrow or raise money, and from
time to time to issue, accept, endorse, and execute promissory notes, loan agreements, options, stock purchase agreements, contracts, documents, checks, drafts, bills of exchange, warrants, bonds, debentures, and other negotiable or non-negotiable
instruments and evidences of indebtedness, and to secure the payment of any thereof and of the interest thereon by mortgage upon or pledge, conveyance, or assignment in trust of, the whole or any part of the property of the Company whether at the
time owned or thereafter acquired and to guarantee the obligations of others and to sell, pledge, or otherwise dispose of such bonds or other obligations of the Company for its purposes; 
  
 (g) in connection with the businesses described in Section 2.5(a)-(d), to guarantee the obligations of others in connection
with the purchase or acquisition by the Company of securities or assets; 
  
 (h) to maintain an office or offices in such place or places as the Manager shall determine and in connection therewith to rent or acquire office space, engage personnel, and do such other acts and things as may be
necessary or advisable in connection with the maintenance of such office, and on behalf of and in the name of the Company to pay and incur reasonable expenses and obligations for legal, accounting, investment advisory, consultative and custodial
services, and other reasonable expenses including taxes, travel, insurance, rent, supplies, interest, salaries and wages of employees, and all other reasonable costs and expenses incident to the operation of the Company; 
  
 (i) to form and own one or more corporations, trusts, partnerships or other
entities (but no entity so formed or owned, while it is a Subsidiary, may do what the Company is prohibited by this Agreement from doing); and 
  
 (j) to own, lease, or otherwise acquire any and all assets and services related to the foregoing purposes and to engage in such other activities related
either directly or indirectly to the foregoing purposes as may be necessary, advisable, or appropriate, in the opinion of the Members, for the promotion or conduct of the business of the Company. 
  
 2.6 Certificate. 
  
 The Members shall cause any amendment to the Certificate required under the
Act to be filed or recorded with the Secretary of State of Delaware and in any other public office where filing or recording is required or is deemed by the Manager to be advisable. 
  
 2.7 Address of the Members. 
  

The address of each of the Members is 810 7th Avenue, New York, New York 10019, Attention: Michael S. Willner, Facsimile: (917) 286-2301. 

 

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 2.8 Foreign Qualification. 
  
 The Manager and the Members shall take all necessary actions to cause the Company to be authorized to conduct business
legally in all appropriate jurisdictions, including registration or qualification of the Company as a foreign limited liability company in those jurisdictions that provide for registration or qualification and the filing of a certificate of limited
liability company in the appropriate public offices of those jurisdictions that do not provide for registration or qualification. 
  
 ARTICLE 3 
  
 CONTRIBUTIONS AND CAPITAL ACCOUNTS 
  
 3.1 Initial Contributions. Upon the execution of this Agreement, each Member shall begin with the Membership Interest and Capital Account which it
had under the Old Agreement. 
  
 3.2 Maintenance of Capital
Accounts. The Manager shall cause the Company to continue to maintain a Capital Account for each Member, in accordance with the rules set forth in Section 704(b) of the Code and the Regulations thereunder, or their successor provisions. Such
Capital Account shall be: 
  
 (a) Increased by: 
  
 (1) The Member’s Capital Contributions; and 
  
 (2) All items of Company income and gain (including income and gain exempt
from tax) allocated to the Member pursuant to Article 5 or other provisions of this Agreement); and 
  
 (b) Decreased by: 
  
 (1) The amount of cash distributed to the Member; and 
  
 (2) All items of Company deduction and loss allocated to the Member pursuant to Article 4 or other provisions of this Agreement. 
  
 3.3 Special Rules With Respect To Capital Accounts. 
  
 (a) For purposes of computing the balance in a Member’s Capital
Account, except as otherwise provided in this Agreement, no credit shall be given for any Capital Contribution which the Member is to make until such Contribution is actually made. 
  
 (b) The foregoing provisions of this Article and the other provisions of this Agreement relating to the maintenance of
Capital Accounts are intended to comply with Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent with such Regulations section. To the extent such provisions are inconsistent with such Regulations section or
are incomplete with respect thereto, Capital Accounts shall be maintained in accordance with such Regulations section. 
  

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 3.4 Withdrawal of Capital. No Member shall be entitled to withdraw any part of its Capital Account
or to receive any distribution from the Company, except as provided in this Agreement. 
  
 3.5 Additional Contributions. 
  
 (a) No Member shall be required to (i) make any additional Capital Contributions, (ii) make any loan, or (iii) cause to be loaned any money or assets to the Company. 
  
 (b) In the event that the Capital Contributions together with the Company’s revenues are insufficient to pay the
Company’s expenses, the Members may contribute to the Company such amounts of additional capital as the Members deem appropriate. Each Member shall receive a credit to its Capital Account in the amount of any additional capital which such
Member contributes to the Company. 
  
 3.6 Return of
Contributions. 
  
 A Member shall not have the right to
demand a return of all or any part of its Capital Contribution during the term of the Company, and any return of the Capital Contribution of a Member shall be made solely from the assets of the Company and only in accordance with the terms of this
Agreement. No interest shall be paid to any Member with respect to its Capital Contribution to the Company. 
  
 ARTICLE 4 
  
 ALLOCATION OF PROFITS AND LOSSES 
  
 4.1
Allocations of Profits and Losses. 
  
 (a) Except
as otherwise provided in this Agreement, the Profits for each Fiscal Year shall be allocated among the Members in proportion to their Interest Ownership Percentage. 
  
 (b) Losses shall be allocated among the Members, in proportion to their Interest Ownership Percentage. 
  
 4.2 Qualified Income Offset. 
  
 If any Member unexpectedly receives any adjustments, allocation or
distributions described in clauses (4), (5) or (6) of Regulations Section 1.704-1(b)(2)(ii)(d), items of Company income shall be specially allocated to such Member in an amount and manner sufficient to eliminate the Adjusted Capital Account Deficit
created by such adjustments, allocations or distributions as quickly as possible. This Section 4.2 is intended to constitute a “qualified income offset” within the meaning of Regulations Section 1.704-1(b)(2)(ii)(d)(3). 
  

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 ARTICLE 5 
  

DISTRIBUTIONS OF INCOME 
  
 5.1 Distributions of Net Income. Upon the determination of the Manager, the Company may distribute (at the times determined by the Manager) so much
of the Company’s Net Income as is not, in the opinion of the Manager, necessary for the conduct of the Company’s business, after setting aside such amounts as the Manager deems necessary to create adequate reserves for future capital or
operating needs of the Company; provided, that the Company shall use its best efforts to make cash distributions to the Members each year to enable them to pay any income taxes attributable to their distributive shares of Profits, net of
their distributive shares of Losses not previously offset by other allocations of Profits. Distributions shall first be allocated to funds advanced to the Company by the Members as a lender to the extent of such advances including interest thereon,
if any, and then to the Members, pro rata, in proportion to their Interest Ownership Percentage. Notwithstanding any other provision of this Agreement to the contrary, no distribution shall be made that would render the Company insolvent or which is
prohibited by the Act. 
  
 ARTICLE 6 
  
 AUTHORITY OF THE MANAGER;  
 OTHER MATTERS AFFECTING MEMBERS 
  
 6.1 Appointment of Manager. 
  
 Insight Communications Company, L.P., a Delaware limited partnership, is hereby appointed as Manager of the Company, to serve until removed by vote of the
Members or its earlier resignation. The Company and the Manager shall enter into a Management Agreement with respect to the Manager’s duties and compensation. 
  
 6.2 Authority of Manager. 
  

The business of the Company shall be managed by the Manager pursuant to the provisions of this Agreement and the Management Agreement. The Manager
shall have exclusive authority and full discretion with respect to the management of the business of the Company and the Subsidiaries. 
  
 6.3 Limited Liability. 
  
 No Member shall be bound by or personally liable for the expenses, liabilities, or obligations of the Company. In no event shall a Member be required to
make up a deficiency in its Capital Account upon the dissolution and termination of the Company. 
  
 6.4 Return of Distributions of Capital. 
  
 A Member may, under certain circumstances, be required by law to return to the Company, for the benefit of the Company’s creditors, amounts
previously distributed. The Members shall be obligated by this Agreement to pay those distributions to or for the account of 

  

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the Company or any creditor of the Company. Any payment returned to the Company by a Member or made directly by a Member to a creditor of the Company shall
be deemed a Capital Contribution by the Member. 
  
 ARTICLE 7

  
 TRANSFER OF MEMBERSHIP INTERESTS 

 
 7.1 Transferees. 
  
 (a) No sale, assignment, transfer or other disposition (any or all of the
foregoing, a “Transfer”) of a Membership Interest will be effective nor will any purported Transferee become a Member or otherwise be entitled to any attributes of ownership of the Company purportedly Transferred unless such Transfer is
made in accordance with the provisions of this Article 7 and the transferor and Transferee have complied with the following conditions: 
  
 (1) the transferor has executed and delivered to the Company a copy of the assignment of the Membership Interest to Transferee in form and substance
satisfactory to the Company; 
  
 (2) the Transferee becomes a
party to this Agreement, assumes all of the obligations hereunder of its transferor and agrees to be bound by the terms and conditions hereof in the same manner as the transferor. 
  
 (b) Upon compliance with Section 7.1(a), any Transferee shall be substituted as a Member for, and shall enjoy the same
rights and be subject to the same obligations as, its predecessor as a Member hereunder. 
  
 (c) If there is a permitted Transfer of a Membership Interest under this Agreement: 
  
 (1) A Transferee’s percentage interest in the Company shall equal the percentage interest transferred to it by the transferring Member; and

  
 (2) A Transferee’s Capital Account shall initially be
equal to the Capital Account balance transferred to it by the transferring Member. 
  
 7.2 Other Consents and Requirements. 
  
 Any Transfer must be in compliance with all requirements imposed by any state securities administrator having jurisdiction over the Transfer and the United States Securities and Exchange Commission. 
  

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 7.3 Assignment Not In Compliance. 
  
 Any Transfer in contravention of any of the provisions of this Article 7 (whether voluntarily, involuntarily or by operation
of law) shall be void and of no effect, and shall neither bind nor be recognized by the Company. 
  
 7.4 Pledge of Membership Interest. 
  
 Notwithstanding Section 7.1, a Member may pledge its Membership Interest to secure any indebtedness of the Company or its Subsidiaries that are owned at
least 99.999% by the Company, provided that if a secured party under any such pledge enforces its rights against the Membership Interest of the Member, any assignment, transfer or other disposition of the Membership Interest to such secured party
shall constitute a Transfer which is subject to Sections 7.1, 7.2 and 7.3. 
  
 ARTICLE 8 
  
 DISSOLUTION AND LIQUIDATION OF COMPANY 
  
 8.1 Events of Dissolution. 
  
 The Company shall
be dissolved upon the happening of any of the following events: 
  
 (a) the expiration of the term of the Company as set forth in Section 2.4; 
  
 (b) the sale, exchange, involuntary conversion, or other disposition or transfer of all or substantially all of the assets of the Company; 
  
 (c) upon determination by either Member; or 
  
 (d) subject to any provision of this Agreement that limits or prevents dissolution, the happening of any event that, under
applicable law, causes the dissolution of a limited liability company. 
  
 8.2 Liquidation. 
  
 (a) Upon dissolution of the
Company for any reason, the Company shall immediately commence to wind up its affairs. A reasonable period of time shall be allowed for the orderly termination of the Company’s business, discharge of its liabilities, and distribution or
liquidation of the remaining assets so as to enable the Company to minimize the normal losses attendant to the liquidation process. 
  
 (b) Liquidation of the assets of the Company shall be managed on behalf of the Company by the Manager. 
  

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 (c) The property and assets of the Company and the proceeds from the liquidation thereof shall be applied
in the following order of priority: 
  
 (1) first, to payment of
the debts and liabilities of the Company, in the order of priority provided by law (including any loans by any Member to the Company) and payment of the expenses of liquidation; 
  
 (2) second, to setting up of such reserves as the Manager may deem reasonably necessary for any contingent or unforeseen
liabilities or obligations of the Company or any obligation or liability not then due and payable; provided, however, that any such reserve shall be paid over by the Manager into a Company account or a liquidating trust account established
for such purpose, to be held in such account for the purpose of disbursing such reserves in payment of such liabilities, and, at the expiration of such holdback period as the Members shall deem advisable, to distribute the balance thereafter
remaining in the manner hereinafter provided; and 
  
 (3)
finally, to payment to the Members in accordance with their respective Capital Account balances. The distributions pursuant to this Section 8.2(c)(3) shall, to the extent possible, be made prior to the later of the end of the Fiscal Year in which
the dissolution occurs or the ninetieth day after the date of dissolution, or such other time period which may be permitted under Treasury Regulations Section 1.704-1(b)(2)(ii)(b). 
  
 ARTICLE 9 
  
 INDEMNIFICATION 
  
 9.1 General. 
  
 The Company shall indemnify, defend, and hold harmless the Manager, the Members and their respective members, partners, officers, directors, shareholders,
employees, and agents, and the employees, officers, and agents of the Company (all indemnified persons being referred to as “Indemnified Persons” for purposes of this Article 9), from any liability, loss, or damage incurred by the
Indemnified Person by reason of any act performed or omitted to be performed by the Indemnified Person in connection with the business of the Company, including costs and attorneys’ fees (which attorneys’ fees may be paid as incurred) and
any amounts expended in the settlement of any claims of liability, loss, or damage; provided, however, that, if the liability, loss, damage, or claim arises out of any action or inaction of an Indemnified Person, indemnification under this
Section 9.1 shall not be available if the action or inaction is finally adjudicated to have constituted fraud, gross negligence, breach of fiduciary duty (which shall not be construed to encompass mistakes in judgment or any breach of any
Indemnified Person’s duty of care that did not constitute gross negligence), or willful misconduct by the Indemnified Person. The Company may pay for insurance covering liability of the Indemnified Persons for negligence in the operation of the
Company’s affairs. 
  
 9.2 Exculpation. 
  
 No Indemnified Person shall be liable, in damages or otherwise, to the
Company or any Member for any loss that arises out of any act performed or omitted to be performed by it or him pursuant to the authority granted by this Agreement unless the conduct of the Indemnified Person is finally adjudicated to have
constituted fraud, gross negligence, breach of fiduciary duty (which 

  

 - 12 - 

 
shall not be construed to encompass mistakes in judgment or any breach of any Indemnified Person’s duty of care that did not constitute gross
negligence), or willful misconduct by such Indemnified Person. 
  
 9.3 Persons Entitled to Indemnity. 
  
 Any Person
who is within the definition of “Indemnified Person” at the time of any action or inaction in connection with the business of the Company shall be entitled to the benefits of this Article 9 as an “Indemnified Person” with respect
thereto, regardless of whether such Person continues to be within the definition of “Indemnified Person” at the time of his or its claim for indemnification or exculpation hereunder. 
  
 9.4 Procedure Agreements. 
  
 The Company may enter into agreements with any Member, any of the employees,
officers, and agents of the Company, any of the officers, directors, shareholders, employees, and agents of any Member, and any Indemnified Person, setting forth procedures for implementing the indemnities provided in this Article 9. 
  
 ARTICLE 10 
  
 BOOKS, RECORDS, ACCOUNTING, AND REPORTS 
  
 10.1 Books and Records. 
  
 The Company shall maintain at its principal office all of the following:

  
 (a) A current list of the full name and last known business
or residence address of each Member together with the Capital Contributions and Membership Interest of each Member; 
  
 (b) A copy of the Certificate, this Agreement, and any and all amendments to either thereof, together with executed copies of any powers of attorney
pursuant to which any certificate or amendment has been executed; 
  
 (c) The audited financial statements of the Company for the six most recent Fiscal Years; and 
  
 (d) The Company’s books and records for at least the current and past three Fiscal Years. 
  
 10.2 Other Filings. 
  
 The Company, at Company expense, shall also prepare and timely file, with
appropriate federal and state regulatory and administrative bodies, all reports required to be filed by the Company with those entities under then current applicable laws, rules, and regulations. The reports shall be prepared on the accounting or
reporting basis required by the regulatory bodies. 
  

 - 13 - 

 ARTICLE 11 
  
 AMENDMENTS AND WAIVERS 
  

11.1 Amendments to Operating Agreement. 
  
 (a) This Agreement may be modified or amended with the consent of all of the Members. 
  
 (b) The Company shall prepare and file any amendment to the Certificate that may be required to be filed under the Act as a
consequence of any amendment to this Agreement. 
  
 11.2
Waivers. 
  
 The observance or performance of any term or
provision of this Agreement may be waived (either generally or in a particular instance, and either retroactively or prospectively) by the party entitled to the benefits of such term or provision. 
  
 ARTICLE 12 
  
 MISCELLANEOUS 
  
 12.1 General. 
  
 This Agreement: (a) shall be binding on the executors, administrators,
estates, heirs, and legal successors of the Members; (b) shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to conflicts of law principles thereunder; (c) may be executed in more than one
counterpart as of the day and year first above written; and (d) contains the entire agreement between the parties as to the subject matter of this Agreement. The waiver of any of the provisions, terms, or conditions contained in this Agreement shall
not be considered as a waiver of any of the other provisions, terms, or conditions of this Agreement. 
  
 12.2 Notices, Etc. 
  
 All notices and other communications required or permitted hereunder shall be in writing and shall be deemed effectively given or delivered upon personal
delivery, confirmation of telex or telecopy, or receipt (which may be evidenced by a return receipt if sent by registered mail), addressed to each Member or the Company at 810 Seventh Avenue, New York, New York 10019, Attention: Michael S. Willner,
Facsimile: (917) 286-2301. 
  
 12.3 No Third-Party
Beneficiaries. 
  
 This Agreement is not intended to, and
shall not be construed to, create any right enforceable by any Person not a party hereto, including any partner or member of a Member or any creditor of the Company or a Member. 
  

 - 14 - 

 12.4 Headings. 
  
 The headings herein are included for ease of reference only and shall not control or affect the meaning or construction of
the provisions of this Agreement. 
  
 [Signature Page Follows]

  

 - 15 - 

 IN WITNESS WHEREOF, the parties have hereunto set their hands as of the day first heretofore mentioned.

  

	 INSIGHT COMMUNICATIONS OF CENTRAL
 OHIO, LLC

		
	 By:
	  	             /s/ Elliot
Brecher

	 	  	 Elliot Brecher, Senior Vice President and
 General Counsel

	
	 COAXIAL COMMUNICATIONS OF CENTRAL
 OHIO, INC.

		
	 By:
	  	             /s/ Elliot
Brecher

	 	  	 Elliot Brecher, Senior Vice President and
 General Counsel

	
	 INSIGHT MIDWEST HOLDINGS, LLC

		
	 By:
	  	             /s/ Elliot
Brecher

	 	  	 Elliot Brecher, Senior Vice President and
 General CounselManagement Agreement of Insight Ohio

 Exhibit 10.3 
  
 MANAGEMENT AGREEMENT 
 (INSIGHT OHIO) 
  
 This
MANAGEMENT AGREEMENT is made and entered into as of September 29, 2003, by and between Insight Communications of Central Ohio, LLC, a Delaware limited liability company (the “Company”), and Insight Communications Company, L.P., a Delaware
limited partnership (“Insight” and, together with any permitted assigns hereunder, “Manager”). 
  
 RECITALS 
  
 A. Pursuant to an Operating Agreement, dated as of August 21, 1998 (as the same was amended and restated on September 29, 2003, and as the same may be amended or modified from time to time, the “Operating Agreement”), the Company
was formed to own and operate certain cable television systems and certain other assets, as more fully described in the Operating Agreement. The business and operations of the Company, as the same may be conducted from and after the date hereof, are
hereinafter referred to as the “‘Business.” 
  
 B.
The. Company is a subsidiary of Insight Midwest, L.P., a Delaware limited partnership (“Insight Midwest”), and reference is hereby made to that certain Amended and Restated Limited Partnership Agreement, dated as of January 5, 2001, of
Insight Midwest (as the same may be amended from time to time, the “Midwest Partnership Agreement”). 
  
 AGREEMENTS 
  
 In consideration of the covenants and agreements contained herein, the Company and Manager agree as follows: 
  
 SECTION 1 DEFINITIONS. Except as otherwise defined herein, the following terms shall have the following meanings when used in this Agreement:

  
 Affiliate. With respect to either the Company
or Manager, any other Person that directly or indirectly through one or more intermediaries controls or is controlled by or under direct or indirect common control with such party. 
  
 Applicable Law. Any statute, ordinance, law, rule or regulation of any Governmental Authority, or any order,
decree, injunction, writ, judgment or award of any court, arbitrator or other Governmental Authority, applicable to the Company or the Business. 
  
 Authorizations. Any governmental or non-governmental license, permit, franchise or other authorization, and applications therefor, which are
necessary to conduct the Business. 
  
 GAAP.
Generally accepted accounting principles as in effect from time to time. 
  
 Governmental Authority. Any governmental authority or regulatory body, or any department, agency, division, bureau or other legal body thereof having jurisdiction over the Company, the Business, or
general jurisdiction over all Persons. 

 Person. Any individual, corporation, partnership, firm, limited liability company, joint
venture, association, trust, joint stock company, unincorporated organization or other entity, or a government or any agency or political subdivision thereof. 
  

Capitalized terms not otherwise defined herein shall have the meanings given such terms in the Midwest Partnership Agreement. 
  
 SECTION 2 APPOINTMENT. On the terms and conditions hereinafter
provided, the Company hereby ratifies its appointment of Manager, and Manager hereby ratifies its acceptance of such appointment, as manager for all of the operations and conduct of the Business for the period commencing on the date of and expiring
as provided in Section 5 of this Agreement. 
  
 SECTION 3
MANAGEMENT AUTHORITY; MANAGEMENT SERVICES. 
  
 3.1
Authority and Services To Be Performed By Manager. (a)(i) Subject to the limitations set forth in Section 3.1(b) below, Manager shall have full and exclusive authority to do all such acts and things as may be incidental to, or necessary,
proper or advisable in the furtherance of, the management of the day-to-day operations and conduct of the Business. Subject to the terms and conditions of this Agreement, Manager shall provide the Company with such services as may, from time to
time, be appropriate or reasonably required for the proper and efficient operation and conduct of the Business in accordance with sound business principles and practices customary in the cable television industry (collectively, the “Management
Services”). The Management Services shall be provided both at such times as Manager may reasonably deem appropriate and at such times as the Company may reasonably request. 
  
 (a) Without limiting the generality of the preceding paragraph, the Management Services shall include the following, but
subject to any applicable limitations set forth in this Agreement: 
  
 (1) (A) Evaluation of new equipment, materials and techniques and making recommendations in accordance with its evaluations, (B) establishment of general technical standards and procedures and directing their implementation, and (C)
establishment of programs for preventive maintenance and monitoring their effectiveness; 
  
 (2) Supervision of all construction and development arising out of or related to the operation of the Business, including, without limitation, the selection and appointment of all subcontractors, equipment suppliers
and vendors; 
  
 (3) Supervision of the purchasing of property,
real, personal or mixed, and all materials and supplies, if any, necessary to complete any construction and development arising out of or related to the Business; 
  
 (4) Sale, lease, trade, exchange or other disposition of the Company’s assets in the ordinary course of business and
the negotiation of, and entrance into, in the name of and on behalf of the Company, of all agreements relating to any of the foregoing; 
  

 - 2 - 

 (5) Negotiation of, and entrance into, in the name of and on behalf of the Company, of all, contracts,
leases, deeds, releases, assignments and any other agreements on behalf of the Company for the purchase, lease, license or use of such properties and rights as may be necessary or reasonably desirable in connection with the Business; 
  
 (6) Formulation and supervision of all advertising, marketing and sales
programs and engagement and appointment on behalf of the Company of advertising, marketing and public relations agencies and consultants for such purposes; 
  
 (7) Subject to the provisions of all Authorizations, Applicable Law and applicable agreements to which the Company is a party, the selection and pricing
of all services to be provided to the customers of the cable television systems included in the Business; 
  
 (8) Supervision of performance of all aspects of the daily operation and maintenance of the Business, instruction and supervision of all personnel
necessary to conduct daily operations of the Business and the setting of salaries and wages for such personnel (with all such employees to be paid by the Company); 
  
 (9) Entrance into, in the name of and on behalf of the Company, of any agreements arising out of or related to the
Business, including, without limitation, cable television franchises or collective bargaining agreements with employees of the Company; 
  
 (10) Supervision of the maintenance of all accounting, bookkeeping, billing, collections and other financial systems and records relating to the
Business; 
  
 (11) Engagement of, on behalf of the Company,
attorneys, accountants, engineers, consultants and other qualified professionals; 
  
 (12) Preparation and filing, or causing to be prepared and filed, all necessary applications, filings, reports, statements and other documents as are required in connection with the Business with Governmental
Authorities (including any income tax filings); 
  
 (13) Purchase
of such policies of insurance (including Manager’s blanket coverage) as Manager may from time to time consider necessary and appropriate in accordance with normal industry practice, with such policy naming both the Company and Manager (and any
Member of the Company) as insured thereunder as their interests may appear; 
  
 (14) Representation of the Company before all Governmental Authorities with respect to any matter necessary or desirable to the management of the Business; and 
  
 (15) Taking of any other action in connection with the construction,
development, operation and maintenance of the Business in the ordinary course of business which is commercially reasonable, appropriate and necessary. 
  
 (b) Notwithstanding the foregoing in Section 3.1(a), the Manager acknowledges that the Manager shall be subject to all express limitations of the Midwest
Partnership Agreement requiring approvals of the Partners of Insight Midwest prior to taking of certain actions by the Company and shall otherwise be subject to the terms of the Midwest Partnership Agreement. 
  

 - 3 - 

 3.2 Standard of Care. Manager will use reasonable commercial efforts in managing the Business;
provided, however, that notwithstanding anything contained herein or Applicable Law to the contrary, neither Manager (nor any of its direct or indirect partners, shareholders, members, officers, directors, Affiliates, employees or agents) shall have
any liability, express or implied, for any action taken or omitted to be taken by Manager or for any failure or delay in performing or exercising any obligation, duty, right, power or authority possessed by Manager under this Agreement, or any other
document related hereto except for actual losses, if any, suffered by the Company that are proximately caused by Manager’s gross negligence, willful misconduct or willful breach of this Agreement. 
  
 3.3 Compliance with Authorizations. Notwithstanding anything in this
Agreement to the contrary, the Company shall continue to be the franchisee, licensee and permittee, as applicable, of all Authorizations of any nature whatsoever issued by any Governmental Authority in connection with the operation of the Business
and shall retain ultimate control over the Business. The Company shall also retain ultimate responsibility for compliance with all Applicable Law and the terms of any applicable Authorizations. 
  
 3.4 Payment of Expenses. The Company shall be responsible for the
payment of all costs, expenses and liabilities of any nature whatsoever in connection with the construction, development, operation, maintenance, repair and ownership of the Business and the Company shall be the responsible party under all
agreements entered into on behalf of the Company by Manager pursuant hereto. 
  
 3.5 Inspection of Records. Originals or copies of all books and records related to this Management Agreement shall be maintained at the principal office of Manager and shall be open to the inspection and
examination of the Company and Insight Midwest’s Partners during normal business hours upon reasonable notice. 
  
 SECTION 4 COMPENSATION AND EXPENSES. 
  
 4.1 Management Fee. As compensation to Manager for the performance of its services hereunder, the Company shall pay to Manager a management fee
(“Management Fee”) for each twelve month period during the tern of this Agreement, commencing on the date hereof, equal to three percent (3%) of the total Gross Operating Revenues of the Company for that year. 
  
 4.2 Gross Operating Revenues. The term “Gross Operating
Revenues” means all revenues arising out of or in connection with the operation of the Business, but exclusive of all proceeds from the sale of assets or from other extraordinary or non-recurring items and exclusive of all interest, dividends,
royalties, and other similar types of investment income that do not arise from the operation of the Business in the ordinary course. 
  
 4.3 Quarterly Statement. Within 30 days after the end of each fiscal quarter, the Manager shall submit to the Company a quarterly and a cumulative
year-to-date Gross Operating Revenues statement indicating the quarterly Management Fee payable and the cumulative year-to-date Management Fee payable to Manager together with appropriate supporting 
  

 - 4 - 

 
documentation. Each quarterly Management Fee payable hereunder shall be adjusted to reflect any cumulative year-to-date adjustments in Gross Operating
Revenues. The Management Fee shall be payable each quarter within 10 days after the Management Fee statement for such quarter has been received by the Company. 
  

4.4 Annual Statement. Within 90 days after the end of each fiscal year, the Company shall cause its independent public accountants to determine
the Gross Operating Revenues of the Company for that year and the amount of the Management Fee payable to Manager for that year and deliver a copy to Manager. Manager shall have the right to consult with the accountants regarding the determination
of Gross Operating Revenues prior to the final determination of Gross Operating Revenues by the accountants. The accountants’ determination shall be final and binding on the Company and Manager. 
  
 4.5 Expense Reimbursement. The Management Fee described above shall be
exclusive of reimbursement by the Company to Manager for all direct, out-of-pocket expenditures incurred by or on behalf of Manager relating to its obligations under this Agreement as provided for herein, including without limitation, reimbursement
for travel expenses. Manager shall be entitled to reimbursement by the Company for services that would ordinarily be direct expenditures of the Company. Manager shall act in good faith and in a reasonable manner in making determinations of
reimbursement. It is understood and agreed that the intent of the expense reimbursement provisions contained in this Section 4.5 is to reimburse Manager only for expenses incurred that are directly related to the operation of the Business and not to
reimburse Manager for any corporate overhead (including bonuses and health, welfare, retirement and other benefits and overhead expenses of its corporate office management, development, internal accounting and finance management personnel), which
shall be paid out of the Management Fee. Payment of expense reimbursement shall be made monthly by the Company to Manager within five days after receipt by the Company of a statement (the “Monthly Expense Statement”) of Manager’s
estimated reimbursable expenses for the preceding month. The Monthly Expense Statement shall include an adjustment to reflect the amount by which actual reimbursable expenses incurred during the month immediately preceding the month of payment
exceeded, or were exceeded by, Manager’s estimated reimbursable expenses with respect to such month. 
  
 4.6 Subordination. Manager acknowledges and agrees that notwithstanding anything else contained herein, payment of the Management Fee may be
limited by the provisions of loan agreements of the Company and that the Management Fee shall be paid if and only to the extent that such payment will not create a default under such loan agreements. To the extent that all or any portion of the
Management Fee may not be paid because of the terms of the loan agreements, any portion of the Management Fee that is deferred shall be paid as soon as the same may be paid without violating the provisions of the loan agreements. Payments of any
outstanding Management Fees (whether or not deferred) shall be paid prior to payment of any members’ distributions or similar payments to the members of the Company. 
  
 SECTION 5 DEFAULT AND TERMINATION. 
  
 5.1 A default by Manager or the Company shall occur under this Agreement if Manager or the Company shall willfully breach in
any material respect any material covenant of this Agreement to be kept and performed by it. 
  

 - 5 - 

 5.2 Subject to Section 5.3 hereof, this Agreement shall be terminated automatically upon the termination
of the Company and may be terminated as follows: 
  
 (a) by
either the Company or Manager on written notice to the other party in the event of any default (as defined in Section 5.1 hereof) by the other party, as provided in Section 5.1, which is not cured within 90 days after written notice thereof is
received by the defaulting party (or if not curable within that time period, within a reasonable time thereafter); 
  
 (b) by either the Company or Manager on written notice to the other party upon a sale or other disposition of all or substantially all of the assets of
the Company. 
  
 (c) Upon the resignation or removal of Insight as
General Partner of Insight Midwest pursuant to and in accordance with the terms of the Midwest Partnership Agreement, other than in connection with a transfer by Insight of its Partnership Interest in Insight Midwest to an Affiliate of Insight that
is permitted under the terms of the Midwest Partnership Agreement. 
  
 5.3 In the event of termination of this Agreement pursuant to the terms hereof, Manager shall be entitled to receive promptly following termination, and in any event within 30 days thereafter, the amount of any accrued but unpaid Management
Fees and any expense reimbursements. 
  
 SECTION 6
INDEMNIFICATION. 
  
 6.1 Indemnification by the
Company. The Company will indemnify and hold harmless Manager, its Affiliates, and all direct and indirect officers, directors, employees, stockholders, partners, members and agents of Manager and its Affiliates (individually, a “Manager
Indemnitee”) from and against any and all claims, demands, costs, damages, losses, liabilities, joint and several, expenses of any nature (including reasonable attorneys’, accountants’ and experts’ fees and disbursements, all of
which shall be paid by the Company as incurred by the Manager Indemnitee(s)), judgments, fines, settlements and other amounts (collectively, “Damages”) arising from any and all claims, demands, actions, suits or proceedings, civil,
criminal, administrative, or investigative (collectively “Claims”) in which a Manager Indemnitee may be involved or threatened to be involved, as a party or otherwise, arising out of Manager’s performance of its obligations under this
Agreement or arising out of, related to or in connection with, the Business regardless of whether this Agreement continues to be in effect or such Manager Indemnitee continues to be an Affiliate, or an officer, director, employee, stockholder,
partner or agent of Manager, at the time any such Claims are made or Damages incurred, provided that in respect of any matter in which indemnification is sought, to the extent applicable: (i) the Manager Indemnitee acted in good faith and in a
manner it reasonably believed to be in the best interest of the Company and, with respect to any criminal proceeding, had no reasonable cause to believe its conduct was unlawful, and (ii) the Manager Indemnitee’s conduct for which
indemnification is sought did not constitute gross negligence, willful misconduct or a willful breach of this Agreement. Any indemnification hereunder will be satisfied solely out of the assets of the Company. 
  
 6.2 Indemnification by Manager. Manager will indemnify and hold
harmless the Company, its Affiliates, and all officers, directors, employees, stockholders, partners, members and agents of the Company and its Affiliates (individually, a “Company Indemnitee”) from and 

  

 - 6 - 

 
against all Damages arising from any Claim in which a Company Indemnitee may be involved or threatened to be involved, as a party or otherwise, arising out
of Manager’s gross negligence, willful misconduct or willful breach of this Agreement. 
  
 6.3 Right to Indemnification Not Exclusive Remedy. The indemnification rights contained in this Section 6 will be cumulative of and in addition to any and all other rights, remedies and recourse to which a
Manager Indemnitee or a Company Indemnitee, its heirs, successors, assigns and administrators are entitled, whether pursuant to some other provision of this Agreement, at law or in equity; provided, however, it is understood and agreed that
notwithstanding anything contained herein to the contrary, neither Manager (nor any of its shareholders, officers, directors, employees or agents) shall have any liability with respect to a breach of, or non-performance under this Agreement except
as expressly specified in this Agreement. The indemnification provided in this Section 6 will inure to the benefit of the heirs, successors, assigns and administrators of each Manager Indemnitee and Company Indemnitee. 
  
 6.4 Insurance. Manager may purchase, at the Company’s expense,
and maintain insurance on behalf of Manager and such other persons as Manager may reasonably determine against any liability that may be asserted against it or them in connection with the performance of Manager’s obligations under this
Agreement; provided, however, that Manager will not purchase or maintain insurance against liabilities of Manager or any other person arising out of acts or omissions which were not made in good faith or which constituted gross negligence, willful
misconduct or a willful breach of this Agreement. 
  
 6.5
Interested Transactions. A Manager Indemnitee will not be denied indemnification in whole or in part under this Section 6 solely because the Manager Indemnitee had an interest in the transaction with respect to which the indemnification
applies if the transaction was otherwise permitted by the terms of this Agreement. 
  
 SECTION 7 MISCELLANEOUS. 
  
 7.1 Relationship Among the Parties. Nothing herein contained shall be deemed to make Manager a partner, co-venturer or other participant in the business or operations of the Company or in any manner to render Manager liable as a
principal, surety, guarantor, agent or otherwise for any of the debts, obligations or liabilities of the Company, whether incurred directly by the Company or by Manager on behalf of the Company in accordance with this Agreement. 
  
 7.2 Other Activities of Manager. Nothing in this Agreement shall limit
or restrict the right of Manager to engage in any other business or to devote its time and attention to the management or other aspects of any other business or to render services of any kind. The Company acknowledges that Manager and its Affiliates
own, manage or operate cable television systems throughout the United States. Manager will devote such of its attention, time, efforts and resources to the Business as shall be reasonably necessary for it to carry out its duties hereunder:

  

 - 7 - 

 7.3 Notices. All notices and other communications given or made pursuant to this Agreement shall
be in writing and shall be deemed to have been duly given or made as of the date delivered if delivered by hand, by telecopier device (confirmed by hand delivery or overnight courier service) or by overnight courier service to the parties at the
following address (or at such other address for a party as shall be specified by like notice): 
  
 if to the Company, to: 
  
 c/o Insight Communications Company, Inc. 
 810
Seventh Avenue 
 New York, New York 10019 
 Attention: Dinesh C. Jain 
 Telecopier: (917) 286-2301 
  
 if to Manager, to: 
  
 c/o Insight Communications Company, Inc. 
 810 Seventh Avenue 
 New York, New York 10019

 Attention: Dinesh C. Jain 
 Telecopier: (917) 286-2301 
  
 7.4 Assignability;
Benefit and Binding Effect. The Company agrees that Manager may assign this Agreement, without the consent of the Company, to any Affiliate of Manager, or any successor to Manager by merger, consolidation or otherwise. Except as set forth in the
preceding sentence, neither party hereto may assign this Agreement without the prior written consent of the other party. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and
permitted assigns. 
  
 7.5 Governing Law. This Agreement
shall be governed by the laws of the State of Delaware as to all matters, including but not limited to matters of validity, construction, effect, performance and remedies (without giving effect to the principles of conflicts of law thereof).

  
 7.6 Headings. The headings preceding the text of
sections and subsections of this Agreement are included for ease of reference only and shall not be deemed part of this Agreement. 
  
 7.7 Gender and Number. Words used herein, regardless of the gender and number specifically used, shall be deemed and construed to include any other
gender, masculine, feminine or neuter, and any other number, singular or plural, as the context requires. 
  
 7.8 Entire Agreement. This Agreement represents the entire understanding and agreement between the Company and Manager with respect to the specific
subject matter hereof. This Agreement supersedes all prior negotiations between the parties and cannot be amended, supplemented or changed except by an agreement in writing which makes specific reference to this Agreement or an agreement delivered
pursuant hereto, as the case may be, and which is signed by the party against which enforcement of any such amendment, supplement or modification is sought. 
  
 7.9 Further Assurances. The parties shall take any actions and execute any other documents that may be necessary or desirable to the implementation
and consummation of this Agreement or that may be reasonably requested by any other party hereto. Each party will cooperate with the other party and provide any assistance reasonably requested by the other party to effectuate the intent of this
Agreement. 
  

 - 8 - 

 7.10 Severability. If any provision of this Agreement or the application thereof to any person or
circumstance shall be held invalid or unenforceable to any extent by any court of competent jurisdiction, the remainder of this Agreement and the application of such provision to other persons or circumstances shall not be affected thereby and shall
be enforced to the greatest extent permitted by law. 
  
 7.11
Counterparts. This Agreement may be signed in counterparts, each of which shall be deemed to be an original but which, when taken together, shall constitute one and the same instrument. 
  
 [SIGNATURES NEXT PAGE) 
  

 - 9 - 

 IN WITNESS WHEREOF, this Management Agreement has been executed by the parties hereto as of the date
first above written. 
  

	THE COMPANY:
	
	 INSIGHT COMMUNICATIONS OF
 CENTRAL OHIO, LLC

		
	 By:
	 	             /s/  Elliot
Brecher

	 	 	 Name: Elliot Brecher

	 	 	 Title:   Senior Vice President and General
       Counsel

	
	MANAGER:
	
	 INSIGHT COMMUNICATIONS COMPANY, L.P.

		
	 By:
	 	     Insight Communications Company, Inc., its
     General Partner

		
	 By:
	 	             /s/  Elliot
Brecher

	 	 	 Name: Elliot Brecher
 Title:   Senior Vice President and General
             Counsel

  

 - 10 -

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