Document:

EX-10.11.B

Exhibit 10.11(b)

MEDIACOM COMMUNICATIONS CORPORATION

STOCK OPTION AGREEMENT

AGREEMENT, dated as of                      (the “Award Date”), between Mediacom Communications Corporation, a
Delaware corporation (the “Company”), and                      (the “Optionee”).

W I T N E S S E T H:

WHEREAS, the Board of Directors of the Company (the “Board”) recognizes the need to retain the
services of qualified, reliable employees and believes that it is in the best interest of the
Company to provide additional forms of compensation to such employees to secure their continued
services to the Company; and

WHEREAS, the Board has adopted the Mediacom Communications Corporation 2003 Incentive Plan (the
“Plan”), which authorizes the grant of options to purchase shares of common stock, $.01 par value,
of the Company to officers and employees of the Company or a Subsidiary Corporation (as defined in
Section 6.4(h) of the Plan) (the Company and the Subsidiary Companies are collectively referred to
herein as the “Mediacom Companies” and individually as a “Mediacom Company”) on such terms and
conditions as specified in the award agreement; and

WHEREAS, the Compensation Committee of the Board (the “Committee”) has determined that it would be
in the best interests of the Company to grant the options provided for herein;

NOW, THEREFORE, the parties hereto hereby agree as follows:

	1.	 	Grant of Option. Subject to the terms and conditions of the Plan and this Agreement,
the Company hereby grants to the Optionee, as of the date hereof, an option (the “Option”) to
purchase from the Company all or any part of an aggregate number of                     shares of the
Class A Common Stock, $0.01 par value per share, of the Company (the “Optioned Shares”).
	 
	2.	 	Vesting of Right to Exercise Option. Subject to such restrictions and limitations as
are provided in the Plan and as are set forth in this Agreement, the Option shall become
vested and exercisable on the dates and at the per share prices (“Option Price”) set forth
below, and the Optionee shall have the right hereunder to purchase from the Company the
indicated number of Optioned Shares upon exercise of the Option, on and after such dates, in
cumulative fashion:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Cumulative Number	 	Cumulative Number	 	 
	 	 	of Incentive	 	of Non-Qualified	 	Option
	Exercise Date
	 	Optioned Shares	 	Optioned Shares	 	Price
	 
	1st Anniversary of Award Date
	 	 	 	 	 	 	0	 	 	 	 	 
	 
	2nd Anniversary of Award Date
	 	 	 	 	 	 	0	 	 	 	 	 
	 
	3rd Anniversary of Award Date
	 	 	 	 	 	 	0	 	 	 	 	 
	 
	4th Anniversary of Award Date
	 	 	 	 	 	 	0	 	 	 	 	 

 

 

	 	 	Subject to Sections 6.4(e) and 6.4(h) of the Plan, those (and only those) Optioned Shares
indicated above as “Incentive Optioned Shares” are intended by the parties hereto to be, and
shall be treated as, “incentive stock options” (as such term is defined under Section 422 of the
Internal Revenue Code of 1986, as amended (the “Code”)).
	 
	 	 	To the extent that this Option is vested and exercisable in accordance with the terms of the
Plan and this Agreement as of any particular date, the Optioned Shares that may be purchased as
of such date are referred to as “Vested Shares” and to the extent that the Option is not vested
and exercisable on such date, the Optioned Shares that may not be purchased as of such date, are
referred to as “Unvested Shares.”
	 
	3.	 	Term and Termination of Option.

	 	(a)	 	Expiration. Subject to the earlier termination in accordance with this
Section 3, the Option to the extent not previously exercised, shall terminate and become
null and void on the tenth anniversary of the Award Date (the “Expiration Date”).
	 
	 	(b)	 	Termination of Employment. Subject to the provisions of Section 4 or 8
below, if the Optionee ceases to be an employee of any Mediacom Company (a “Termination of
Employment”), the Option shall terminate and become null and void as provided below:

	 	(i)	 	Voluntary Termination of Employment by Optionee. Upon the
Optionee’s voluntary Termination of Employment for any reason other than Disability
or for “Good Reason” (as defined in subsection (c)(iii) below):

	 	(A)	 	The Option shall terminate and become null and void as to all
Unvested Optioned Shares immediately upon the Optionee’s Termination of
Employment and such Option may not be exercised for such Unvested Shares at any
time thereafter; and
	 
	 	(B)	 	To the extent that the Option is vested and exercisable as of the
Optionee’s Termination of Employment, it shall continue to be exercisable with
respect to the Vested Shares until the earlier of (x) the ninety-first (91st) day
after the Optionee’s Termination of Employment or (y) the Expiration Date, at
which time the Option shall terminate and become null and void as to all Vested
Shares, if any, not previously purchased in accordance with this Agreement and
the Plan.

	 	(ii)	 	Termination Upon Death or Disability. If the Optionee has a
Termination of Employment due to the Optionee’s death or Disability, the Option shall
become fully vested and exercisable with respect to all Optioned Shares immediately
upon such Termination of Employment due to death or Disability and the Option shall
continue to be exercisable until the earlier of (x) the first anniversary of
Optionee’s Termination of Employment or (y) the Expiration Date, at which time the
Option shall terminate and become null and void as to all Vested Shares, if any, not
previously purchased in accordance with this Agreement and the Plan.
	 
	 	 	 	For so long as the Option remains exercisable under this paragraph (ii), the Option
may be exercised, (x) in the case of Disability, by the Optionee or Optionee’s legal
representative(s) or, (y) in the case of the Optionee’s death, by the executor of the
Optionee’s estate, the beneficiary(ies) designated by the Optionee, in writing
delivered to

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	 	 	 	the Secretary of the Company, or if the Optionee has not designated any
beneficiary(ies) by the person(s) who acquire the right to exercise the Option by
operation of the Optionee’s will or by applicable laws of descent and distribution.
	 
	 	(iii)	 	Termination for Cause. If the Optionee’s employment is terminated
by any Mediacom Company for Cause (as defined in subsection (c)(i) below), the Option
shall immediately terminate and become null and void as to all Unvested Shares and
all Vested Shares not previously purchased in accordance with this Agreement and the
Plan and such Option may not be exercised for any Optioned Shares at any time
thereafter.
	 
	 	(iv)	 	Termination of Employment by the Company Without Cause. Except as
provided in paragraph (vi) below (pertaining to Termination of Employment following a
Change of Control), in the event of Optionee’s Termination of Employment by the
Mediacom Companies for reasons other than Cause, a portion of the unvested Option
shall immediately vest and become exercisable upon such Termination of Employment.
The number of additional Optioned Shares that are subject to the portion of the
Option that vests and becomes exercisable pursuant to the preceding sentence shall
equal the product of (i) the aggregate number of Unvested Shares immediately prior to
such Termination of Employment that would have become Vested Shares on the next
anniversary of the Award Date had the Optionee remained in continuous employment with
the Mediacom Companies through such date multiplied by (ii) a fraction, the numerator
of which is the number of days that have elapsed from the immediately preceding
anniversary of the Award Date to the date of Grantee’s Termination of Employment for
Cause. Any fractional shares of Vested Shares will be rounded up to the nearest
whole share.

	 	(A)	 	To the extent that the Option is vested and exercisable as of the
Optionee’s Termination of Employment (including pursuant to this paragraph), it
shall continue to be exercisable for such Vested Shares until the earlier of (x)
the first anniversary of Optionee’s Termination of Employment or (y) the
Expiration Date, at which time the Option shall terminate and become null and
void with respect to all Vested Shares, if any, not previously purchased in
accordance with this Agreement and the Plan.
	 
	 	(B)	 	The Option shall terminate and become null and void as to all
Unvested Shares (excluding any Optioned Shares that vest pursuant to this
paragraph) immediately upon the Optionee’s Termination of Employment and such
Option may not be exercised for such Unvested Shares at any time thereafter.

	 	(v)	 	Termination of Employment by the Grantee for Good Reason. Except
as provided in paragraph (vi) below (pertaining to Termination of Employment
following a Change of Control), in the event Optionee has a voluntary Termination of
Employment for Good Reason (as defined in subsection (c)(iii) below), a portion of
the unvested Option shall immediately vest and become exercisable upon such
Termination of Employment. The number of additional Optioned Shares that are subject
to the portion of the Option that vests and becomes exercisable pursuant to the
preceding sentence shall equal the product of (i) the aggregate number of Unvested
Shares immediately prior to such Termination of Employment that would have become
Vested Shares on the next anniversary of the Award Date had the Optionee remained in
continuous employment with the Mediacom Companies through such date multiplied by
(ii) a fraction, the numerator of which is the number of days that have elapsed from
the immediately preceding anniversary of the Award Date to the date of Grantee’s
Termination of Employment for Cause. Any fractional shares of Vested Shares will be
rounded up to the nearest whole share.

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	 	(A)	 	To the extent that the Option is vested and exercisable as of the
Optionee’s Termination of Employment (including pursuant to this paragraph), it
shall continue to be exercisable for such Vested Shares until the earlier of (x)
the first anniversary of Optionee’s Termination of Employment or (y) the
Expiration Date, at which time the Option shall terminate and become null and
void with respect to all Vested Shares, if any, not previously purchased in
accordance with this Agreement and the Plan.
	 
	 	(B)	 	The Option shall terminate and become null and void as to all
Unvested Shares (excluding any Optioned Shares that vest pursuant to this
paragraph) immediately upon the Optionee’s Termination of Employment and such
Option may not be exercised for such Unvested Shares at any time thereafter.

	 	(vi)	 	Termination of Employment Following a Change of Control.
Notwithstanding any contrary provision of this Agreement or the Plan, but subject to
Section 4 below, the Option shall become fully vested and exercisable, and all
Optioned Shares shall become fully vested and available for purchase in accordance
with the provisions of this Agreement, as of the date of Optionee’s Termination of
Employment if (x) during the one year period following a Change of Control (as
defined in subsection (c)(ii) below) the Optionee has a voluntary Termination of
Employment for Good Reason or a Termination of Employment by the Mediacom Companies
for reasons other than Cause and (y) such Termination of Employment occurs at a time
when Rocco B. Commisso is not the Chief Executive Officer of the Company (or its
successor).

	 	(c)	 	Definitions. For purposes of this Agreement, the following terms shall have
the following meaning:

	 	(i)	 	Cause. “Cause” shall exist when the Committee (or, in the case of
an Optionee who is not an executive officer, when the Chief Executive Officer of the
Company) determines in good faith that the Optionee has:

	 	(A)	 	committed a criminal act punishable as a felony or a misdemeanor
involving fraud, dishonesty or moral turpitude; or
	 
	 	(B)	 	willfully violated any material law or regulation applicable to the
Company or any of its Affiliates (as defined in the Plan) or any predecessor in
interest to any cable system or business of the Company or any of its Affiliates
(a “predecessor”), including, without limitation, any law or regulation relating
to the trading in securities of the Company or any Affiliate or predecessor); or
	 
	 	(C)	 	used for his or her own benefit or disclosed to any person
information concerning any Mediacom Company that is confidential and proprietary
to such Mediacom Company (including, but not limited to, information concerning
financial matters, customers and vendors, employees and other personnel,
relationships with industry executives and advisors, business methods and
systems, and business operational plans, policies and directions) unless (x)
disclosure of such information is compelled by applicable law or governmental
agency, provided that to the extent not prohibited from so doing under applicable
law, the Optionee must give the Mediacom Companies prior written notice of the
information to be so disclosed or (y) the Optionee had a reasonable and good
faith belief that such disclosure was required by the performance of his duties
to the Mediacom Companies; or
	 
	 	(D)	 	rendered services as an officer, director, employee, consultant or
agent to any corporation, company or other form of enterprise that directly or
through affiliated

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	 	 	 	entities, (x) competes with any Mediacom Company in any franchise area in which
the Optionee performed significant services while employed by a Mediacom Company
or which was within the management or supervisory jurisdiction of the Optionee
while so employed, or (y) otherwise competes with the Company in any material
respect; or
	 
	 	(E)	 	solicited, encouraged or otherwise assisted any person then
employed by any Mediacom Company to leave such employ for employment with an
employer that is not a Mediacom Company or an Affiliate of the Company; or
	 
	 	(F)	 	made any statement that is negative or derogatory in any way to any
Mediacom Company, its business or any of its directors or executive officers and
that the Committee determines to be materially injurious to any Mediacom Company;
or
	 
	 	(G)	 	materially breached any agreement or understanding between the
Optionee and any Mediacom Company or any predecessor in interest to any cable
system or business of any Mediacom Company regarding the terms of Optionee’s
service as an employee, officer, director or consultant to any Mediacom Company,
including, without limitation, this Agreement, Optionee’s employment agreement
(if any), and any applicable invention assignment, confidentiality or
non-competition agreement or similar agreement; or
	 
	 	(H)	 	failed to perform the material duties required of the Optionee as
an employee, officer, director or consultant of any Mediacom Company (other than
as a result of a disability) diligently and in a manner consistent with prudent
business practices and continued such failure after having been given notice of
such failure by such Mediacom Company; or
	 
	 	(I)	 	intentionally or willfully disregarded in any material respect any
of the policies of any Mediacom Company and continued such failure after having
been given notice of such failure by such Mediacom Company;

	 	 	 	provided, however, that (x) a Termination of Employment shall not be deemed to
be for “Cause” unless at a meeting of the Board called and held (following any
applicable grace period) in the city in which the Company’s principal executive
offices are located, of which the Optionee was given not less than 10 business days’
prior written notice and at which the Optionee was afforded the opportunity to appear
and be heard (and be represented by counsel if he or she so chooses), the Board, by
the vote of a majority of its independent directors adopts a written resolution that
sets forth the Board’s determination that Cause (as defined herein) exists and the
basis for such determination and (y) if the Optionee’s Termination of Employment
occurs during the one year period following a Change of Control and at a time when
Rocco B. Commisso is not the Chief Executive Officer of the Company, then
“Cause” shall not include any act or omission described in clauses (E) through
(I) of the foregoing definition.
	 
	 	(ii)	 	Change of Control. A “Change of Control” occurs if and when:

	 	(A)	 	the Company sells all or substantially all of its assets (whether
in a single or series or related transactions), or
	 
	 	(B)	 	any person or group, other than Rocco B. Commisso, becomes the
direct or indirect beneficial owner of securities of the Company (or its
successor) representing more than 50% of the combined voting power of the then
outstanding securities of the

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	 	 	 	Company ordinarily (and apart from the rights
accruing under special circumstances)
having the right to vote in the election of directors, regardless of whether such
beneficial ownership is acquired as the result of a purchase or other voluntary
or involuntary acquisition of securities from the Company or any of its
shareholders or a merger or consolidation or any other form of transaction or
event or as the result of a single transaction or event or multiple related or
unrelated transactions or events. For purposes of the foregoing definition, the
terms “person,” “group” and “beneficial owner” (and correlative terms such as
“beneficial ownership”) shall have the meanings given to them by the Securities
and Exchange Commission (the “SEC”) for purposes of Section 13(d) of the
Securities Exchange Act of 1934, as in effect on the Award Date (the “Exchange
Act”), and the number or percentage of any securities beneficially owned by any
person or group as of any time shall be determined in accordance with the SEC’s
rules under the Exchange Act as in effect on the Award Date.

	 
	 	(iii)	 	Good Reason. The Optionee shall have “Good Reason” to terminate
employment with the Mediacom Companies if any of the following events shall occur
within one year after a Change of Control and at a time when Rocco B. Commisso is not
the Chief Executive Officer of the Company and if the Optionee voluntarily terminates
his or her employment with the Company (or its successor) and all other Mediacom
Companies within 180 days after such occurrence:

	 	(A)	 	any reduction in Optionee’s salary (other than a reduction to which
the Optionee specifically consents in writing); or
	 
	 	(B)	 	any failure by the Company (or its successor) or any Mediacom
Company to continue in effect any bonus, incentive, insurance or other benefit
plan, program or practice in which the Optionee was participating or participated
during the past year or the taking of any action by the Company (or its
successor) or any Mediacom Company that does or could adversely affect the
Optionee’s participation in, or materially reduces the Optionee’s benefits under,
any such plan, program or practice, unless the Company (its successor) or any
other Mediacom Company provides the Optionee with an alternative bonus,
incentive, insurance or other benefit of substantially equivalent value; or
	 
	 	(C)	 	a significant reduction in the Optionee’s responsibilities or
authority as an employee of any Mediacom Company, or the assignment to the
Optionee of any material new duties inconsistent with his or her position,
duties, responsibilities and status with the Company (or its successor) or any
Mediacom Company, or any removal or failure to reelect the Optionee to any such
position, except that the Optionee’s being subject to direction of the Board or
any of the Company’s executive officers to whom he or she reports as of the Award
Date shall not be “Good Reason” under this clause; or
	 
	 	(D)	 	the relocation of the office location assigned to the Optionee by
the Company to a location more than 25 miles from the Optionee’s principal office
without Optionee’s consent in writing, unless the Optionee’s new office location
is within 40 miles of Optionee’s principal residence.

	4.	 	Forfeiture of Option and Vested Rights. Notwithstanding any provisions of this
Agreement or the Plan, the Option and all Optioned Shares then in possession or control of the
Optionee, his or her heirs or legal or personal representatives or any member of his or her
immediate family, shall automatically be forfeited and cancelled, regardless of the extent to
which such Option may otherwise have been vested or exercisable, upon the determination at any
time by the Committee

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	 	 	(or
in the case of an Optionee who is not an executive officer, by the Chief Executive Officer of
the Company), that

	 	(a)	 	the Optionee has engaged in any of the activities described in Section 3(c)(i) while
employed by any Mediacom Company,
	 
	 	(b)	 	the Optionee has engaged in any of the activities described in Section 3(c)(i)(B),
(C), (E), (F) or (G) at any time within one year following Optionee’s Termination of
Employment for any reason, or
	 
	 	(c)	 	the Optionee had engaged in any of the activities described in Section 3(c)(i)(D) at
any time within one year following a voluntary Termination of Employment by the Optionee;

	 	 	provided, however, that (x) at a meeting of the Board called and held (following any
applicable grace period) in the city in which the Company’s principal executive offices are
located, of which the Optionee was given not less than 10 business days’ prior written notice
and at which the Optionee was afforded the opportunity to appear and be heard (and be
represented by counsel if he or she so chooses), the Board, by the vote of a majority of its
independent directors adopts a written resolution which sets forth the Board’s determination
that the Optionee has engaged in such activity and that the Company has suffered significant
adverse consequences as a result and which describes in reasonable detail the basis for such
determination and (y) during the first year after a Change of Control, the activities described
in Section 3(c)(i)(E) through (I) shall not constitute a basis for termination of the Option
pursuant to this Section.
	 
	5.	 	Manner of Exercise.

	 	(a)	 	The Option may be exercised in full at one time or in part from time to time for the
number of Optioned Shares then exercisable by giving written notice (“Notice of
Exercise”), signed by the person exercising the Option, to the Company, stating the number
of Incentive Optioned Shares and the number or Non-Qualified Optioned Shares with respect
to which the Option is being exercised and the date of exercise thereof, which date shall
be at least five days after the giving of such notice.
	 
	 	(b)	 	Full payment by the Optionee of the Option Price for the Optioned Shares purchased
shall be made on or before the exercise date specified in the Notice of Exercise by (i)
delivery of cash or a check payable to the order of the Company in an amount equal to such
Option Price, or (ii) subject to such procedures and rules as may be adopted from time to
time by the Committee, in accordance with Section 6.5(b) of the Plan (which, generally,
provides for payment of the exercise price in Common Stock) or 6.5(d) of the Plan (which
provides for cashless exercise through a broker-dealer transaction), or (iii) by any
combination of the preceding clauses (i) and (ii), or (iv) by any other alternative
exercise method the Company may provide.
	 
	 	(c)	 	The Mediacom Company that employs the Optionee shall be entitled to require, as a
condition of issuing shares upon exercise of the Option, that the Optionee or other person
exercising the Option pay any sums required to be withheld by federal, state or local tax
law with respect to the exercise of this Option, which payment may be provided (i) in cash
pursuant to Section 14.1(a)(i) of the Plan, (ii) by transferring Mature Shares (as defined
in the Plan) in accordance with Section 14.1(a)(ii) of the Plan, (iii) by the withholding
of shares on Option exercise in accordance with Section 14.1(a)(iii) of the Plan, (iv) by
the withholding of compensation otherwise due to the Optionee, or (v) any combination of
the preceding clauses (i) through (iv). Alternatively, such Mediacom Company, in its
discretion, may make such provisions for the withholding of any taxes as it deems
appropriate.

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	 	(d)	 	Without limiting the generality of Section 14 of this Agreement, the Option is
subject to Sections 15.4 and 15.5 of the Plan. It is also subject to the requirement
that, if at any time the Committee determines, in its discretion, that the consent or
approval of any governmental regulatory body or other person is necessary or desirable as
a condition of, or in connection with, the issuance of Optioned Shares, no Optioned Shares
shall be issued, in whole or in part, unless such consent or approval has been effected or
obtained free of any conditions or with such conditions as are acceptable to the
Committee. The Company may, at its election, require Optionee to give such representations
and take such other actions as, in the reasonable judgment of Company’s legal counsel, are
necessary or advisable in order to effect or obtain such consent or approval.
	 
	 	(e)	 	Subject to subsection 5(d) above, upon exercise of the Option in the manner
prescribed by this Section, delivery of a certificate for the Optioned Shares then being
purchased shall be made at the principal office of the Company to the person exercising
the Option within a reasonable time after the date of exercise specified in the Notice of
Exercise.
	 
	 	(f)	 	The Option may not be exercised with respect to less than 20 Optioned Shares (or the
Optioned Shares then subject to purchase under the Option, if less than 20 shares) or for
any fractional shares.

	6.	 	Disqualifying Disposition of Incentive Optioned Shares. The Optionee shall notify
the Committee in writing of any disposition of the Incentive Optioned Shares under the
circumstances described in Section 421(b) of the Code (relating to holding periods and certain
disqualifying dispositions) (“Disqualifying Disposition”) within ten (10) days of such a
Disqualifying Disposition.
	 
	7.	 	Adjustments. The number of Optioned Shares, the Option Price, period and conditions
of exercisability and other terms and conditions of the Option shall be subject to adjustment
as provided in the Plan, including, without limitation, Sections 4.2 and 5.7 thereof. In
addition, and without limitation, in the event of any merger, consolidation, split-off,
spin-off, stock exchange, sale of assets, acquisition of property or stock, separation,
reorganization, liquidation or other extraordinary corporate transaction, the Committee shall
be authorized, in its discretion, to make provision, prior to the transaction, for the
termination of Options that remain unexercised at the time of such transaction or other
specified time, or the cancellation thereof in exchange for such payment as shall be deemed by
the Committee to be equitable and appropriate.
	 
	8.	 	Non-Transferability of Option. Except as provided in the Plan, the Option shall not
be assignable or transferable by the Optionee other than by will or the laws of descent, and
shall be exercisable during the lifetime of the Optionee only by the Optionee. The Option
shall terminate and become null and void immediately upon the bankruptcy of the Optionee, or
upon any attempted assignment or transfer except as herein provided, including, without
limitation, any purported assignment, whether voluntary or by operation of law, pledge,
hypothecation or other disposition, attachment, or similar process, whether legal or
equitable, upon the Option.
	 
	9.	 	No Special Employment Rights. Neither the granting of the Option nor its exercise
shall be construed to confer upon the Optionee any right with respect to the continuation of
his or her employment by any Mediacom Company or interfere in any way with the right of any
Mediacom Company, subject to the terms of any separate employment agreement to the contrary,
at any time to terminate such employment or to increase or decrease the compensation of the
Optionee from the rate in existence as of the date hereof. Employment with the Mediacom
Companies is “at will” unless otherwise expressly provided in a separate employment agreement.

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	10.	 	No Rights of Stockholder. The Optionee shall not be deemed for any purpose to be a
stockholder of the Company with respect to the Option except to the extent that the Option
shall have been exercised with respect to any Optioned Shares and, in addition, a stock
certificate shall have been issued theretofore and delivered to the Optionee.
	 
	11.	 	Amendment. Subject to Section 13.2 of the Plan, the Board or the Committee may amend
the Plan in accordance with the provisions of the Plan without the Optionee’s consent.
Subject to the terms of the Plan, the Committee may amend this Agreement without the consent
of the Optionee unless such amendment would adversely affect in any material way the rights of
the Optionee hereunder. For the sake of certainty, an adjustment provided for in Section 7
of this Agreement or Section 4.2 or 5.7 of the Plan is not an amendment requiring Optionee’s
consent. Any amendment of this Agreement must be in writing and signed on behalf of the
Company by an authorized executive officer. No failure or delay in exercising any power,
right, or remedy will operate as a waiver. A waiver, to be effective, must be written and
signed by the waiving party.
	 
	12.	 	Notices. Any communication or notice required or permitted to be given hereunder
shall be in writing, and, if to the Company, to its principal place of business, attention:
Secretary, and, if to the Optionee, to the address as appearing on the records of the Company.
Such communication or notice shall be deemed given if and when (a) properly addressed and
posted by registered or certified mail, postage prepaid, or (b) delivered by hand.
	 
	13.	 	Incorporation of Plan by Reference. The Option is granted pursuant to the Plan, the
terms of which are incorporated herein by reference, and the Option shall in all respects be
interpreted in accordance with the Plan. Capitalized terms used, but not defined in this
Agreement have the meanings set forth in the Plan. The Committee shall interpret and construe
the Plan and this Agreement, and its interpretations and determinations shall be conclusive
and binding upon the parties hereto and any other person claiming an interest hereunder, with
respect to any issue arising hereunder or thereunder.
	 
	14.	 	Enforcement. If any provision of this Agreement, or the application of any such
provision to any person or circumstance, is determined by any court of competent jurisdiction
to be invalid or unenforceable, such provision shall nevertheless remain in full force and
effect in all other circumstances and jurisdictions and such invalidity or unenforceability
shall not affect the validity or enforceability of the remaining provisions of this Agreement
or the application of such provisions to any other persons or circumstances other than those
persons and circumstances within such
jurisdiction to which it is held invalid or unenforceable. If such invalidity or
unenforceability is due to the court’s determination that the scope of any provision is
excessively broad or restrictive under applicable law, such court shall construe such provision
by modifying its scope so as to be enforceable to the fullest extent compatible with the
applicable law of such jurisdiction then in effect.
	 
	15.	 	Controversies. The Company and the Optionee each consents and agrees that any legal
action or proceeding relating to any matters arising out of or in any manner relating to this
Agreement may only be brought in a court of the State of New York sitting in the County of New
York or in the United States District Court for the Southern District of New York. The Company
and the Optionee each also expressly and irrevocably consents and submits to the personal
jurisdiction of each of such courts in any such actions or proceedings and waives any claim or
defense in any such action or proceeding based on any alleged lack of personal jurisdiction,
improper venue, forum non conveniens or any similar basis. Notwithstanding the foregoing, at
the election of the Company, any such legal action or proceeding may be fully and finally
resolved either by the above-described court or by binding arbitration conducted by the
American Arbitration Association in New York, New York in accordance with either its rules for
the resolutions of employment disputes or its rules for the resolution of commercial disputes
(as also elected by the Company). The Company and the

Page 9 of 11

 

	 	 	Optionee hereby agree to waive any and all rights that each party has (or may have) to bring
such legal actions or proceedings to trial by jury.
	 
	16.	 	Expiration and Termination. This Agreement is subject to the Optionee’s acceptance
hereof by signing on the line below and returning an executed counterpart of this Agreement to
the Company at its main office in Middletown, New York, by                     . In the event the
Optionee fails to return an executed counterpart of this Agreement to the Company as aforesaid
by such date, this Agreement, the Option and all of the other rights granted to the Optionee
hereunder shall immediately and automatically TERMINATE AND EXPIRE without any further action
or notice by the Company.

Page 10 of 11

 

	17.	 	Governing Law. The validity, construction and interpretation of this Agreement shall
be governed by and determined in accordance with the laws of the State of Delaware.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the Award Date.

	 	 	 	 	 	 	 	 	 	 	 
	OPTIONEE:	 	 	 	MEDIACOM COMMUNICATIONS CORPORATION:
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	Name:

	 	 	 	 	 	Name:
	 	Rocco B. Commisso	 	 
	 

	 	 	 	 	 	Title:
	 	Chairman and Chief Executive Officer	 	 

Page 11 of 11EX-10.11.C

Exhibit 10.11(c)

MEDIACOM COMMUNICATIONS CORPORATION

RESTRICTED STOCK UNIT AWARD AGREEMENT

AGREEMENT, dated as of                           , 200___(the “Award Date”), between Mediacom Communications
Corporation, a Delaware corporation (the “Company”), and         (the “Grantee”) with the
Employee Identification Number        .

W I T N E S S E T H:

WHEREAS, the Board of Directors of the Company (the “Board”) recognizes the need to retain the
services of qualified, reliable employees and believes that it is in the best interest of the
Company to provide additional forms of compensation to such employees to secure their continued
services to the Company; and

WHEREAS, the Board has adopted the Mediacom Communications Corporation 2003 Incentive Plan (the
“Plan”), which authorizes the grant of Deferred Stock (hereinafter referred to as “Restricted Stock
Units”) to officers and employees of the Company or a Subsidiary Corporation (as defined in Section
6.4(h) of the Plan) (the Company and the Subsidiary Companies are collectively referred to herein
as the “Mediacom Companies” and individually as a “Mediacom Company”) on such terms and conditions
as specified in the award agreement; and

WHEREAS, the Compensation Committee of the Board (the “Committee”) has determined that it would be
in the best interests of the Company to grant Restricted Stock Units to the Grantee as provided for
herein;

NOW, THEREFORE, the parties hereto hereby agree as follows:

	1.	 	Grant of Restricted Stock Units. Subject to the terms and conditions of the Plan and
this Agreement, the Company hereby grants to the Grantee, as of the date hereof        
shares of Deferred Stock (referred to herein as “Restricted Stock Units” or “Units”). Each
vested Restricted Stock Unit entitles the Grantee to receive one share of the Company’s Class
A Common Stock, $0.01 par value per share (“Common Stock”), at such time and in such manner as
provided in Sections 5 below.
	 
	2.	 	Vesting of Units. Subject to accelerated vesting as set forth in Section 3 below and
subject to such restrictions and limitations as are provided in the Plan and as are set forth
in this Agreement, the Restricted Stock Units shall become vested and nonforfeitable on
                          , 20      (the “Vesting Date”). The Company will deliver to the Grantee one share of
the Company’s Common Stock for each vested Unit as provided in Section 5 below.
	 
	3.	 	Acceleration of Vesting or Forfeiture Upon Termination of Employment.

	 	(a)	 	Voluntary Termination of Employment. Except as provided in Section 3(f)
below (pertaining to Termination of Employment following a Change of Control), if Grantee
voluntarily ceases to be an employee of any Mediacom Company (a “Termination of
Employment”) for any reason other than Disability or for Good Reason (as defined in
Section 3(g)(iii) below) prior to the Vesting Date, the Restricted Stock Units shall
immediately expire and the Grantee shall forfeit all unvested Units.

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	 	(b)	 	Termination of Employment for Cause. In the event of Grantee’s Termination
of Employment prior to the Vesting Date by any Mediacom Company for Cause (as defined in
Section 3(f)(i) below), then all unvested Restricted Stock Units shall immediately expire
and the Grantee shall forfeit all unvested Units.
	 
	 	(c)	 	Termination of Employment Due to Death or Disability. In the event of
Grantee’s Termination of Employment prior to the Vesting Date due to death or Disability,
the unvested Restricted Stock Units shall immediately and become nonforfeitable as of the
date of the Grantee’s Termination of Employment due to death or Disability.
	 
	 	(d)	 	Termination of Employment by the Company Without Cause. Except as provided
in Section 3(f) below (pertaining to Termination of Employment following a Change of
Control), in the event of Grantee’s Termination of Employment by the Mediacom Companies
for reasons other than Cause prior to the Vesting Date, a pro-rata portion of the unvested
Units shall immediately vest upon such Termination of Employment. The number of Units
that will become vested and nonforfeitable pursuant to the preceding sentence shall equal
the product of (i) the aggregate number of unvested Units subject to this Award multiplied
by (ii) a fraction, the numerator of which is the number of days that have elapsed from
the Award Date to the date of Grantee’s Termination of Employment by the Mediacom
Companies without Cause, and the denominator of which is the number of days from the Award
Date to the Vesting Date. Any fractional shares of Common Stock will be rounded up to the
nearest whole share. The Grantee shall forfeit all remaining unvested Units as of his or
her Termination of Employment.
	 
	 	(e)	 	Termination of Employment by the Grantee for Good Reason Other Than Within One
Year After a Change of Control. Except as provided in Section 3(f) below (pertaining
to Termination of Employment within one year after a Change of Control), in the event
Grantee has a voluntary Termination of Employment for Good Reason (as defined in Section
3(g)(iii) below) prior to a Vesting Date, a portion of the unvested Units shall
immediately vest upon such Termination of Employment. The number of Units that will
become vested and nonforfeitable pursuant to the preceding sentence shall equal the
product of (i) the aggregate number of unvested Units subject to this Award multiplied by
(ii) a fraction, the numerator of which is the number of days that have elapsed from the
Award Date to the date of Grantee’s Termination of Employment for Good Reason, and the
denominator of which is the number of days from the Award Date to the Vesting Date. Any
fractional shares of Common Stock will be rounded up to the nearest whole share. The
Grantee shall forfeit all remaining unvested Units as of his or her Termination of
Employment
	 
	 	(f)	 	Termination of Employment Within One Year After a Change of Control.
Notwithstanding any contrary provision of this Agreement or the Plan, all of the
Restricted Stock Units subject to this Award shall immediately vest and become
nonforfeitable as of the date of Grantee’s Termination of Employment prior to the Vesting
Date if (i) during the one year period following a Change of Control (as defined in
Section 3(g)(ii) below) the Grantee has a voluntary Termination of Employment for Good
Reason (as defined in Section 3(g)(iii) below) or a Termination of Employment by the
Mediacom Companies for reasons other than Cause and (ii) such Termination of Employment
occurs at a time when Rocco B. Commisso is not the Chief Executive Officer of the Company
(or its successor).
	 
	 	(g)	 	Definitions. For purposes of this Agreement, the following terms shall have
the following meaning:

	 	(i)	 	Cause. “Cause” shall exist when the Committee (or, in the case of
an Grantee who is not an executive officer, when the Chief Executive Officer of the
Company) determines in good faith that the Grantee has:

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	 	(A)	 	committed a criminal act punishable as a felony or a misdemeanor
involving fraud, dishonesty or moral turpitude; or
	 
	 	(B)	 	willfully violated any material law or regulation applicable to the
Company or any of its Affiliates (as defined in the Plan) or any predecessor in
interest to any cable system or business of the Company or any of its Affiliates
(a “predecessor”), including, without limitation, any law or regulation relating
to the trading in securities of the Company or any Affiliate or predecessor); or
	 
	 	(C)	 	used for his or her own benefit or disclosed to any person
information concerning any Mediacom Company that is confidential and proprietary
to such Mediacom Company (including, but not limited to, information concerning
financial matters, customers and vendors, employees and other personnel,
relationships with industry executives and advisors, business methods and
systems, and business operational plans, policies and directions) unless (x)
disclosure of such information is compelled by applicable law or governmental
agency, provided that to the extent not prohibited from so doing under applicable
law, the Grantee must give the Mediacom Companies prior written notice of the
information to be so disclosed or (y) the Grantee had a reasonable and good faith
belief that such disclosure was required by the performance of his duties to the
Mediacom Companies; or
	 
	 	(D)	 	rendered services as an officer, director, employee, consultant or
agent to any corporation, company or other form of enterprise that directly or
through affiliated entities, (x) competes with any Mediacom Company in any
franchise area in which the Grantee performed significant services while employed
by a Mediacom Company or which was within the management or supervisory
jurisdiction of the Grantee while so employed, or (y) otherwise competes with the
Company in any material respect; or
	 
	 	(E)	 	solicited, encouraged or otherwise assisted any person then
employed by any Mediacom Company to leave such employ for employment with an
employer that is not a Mediacom Company or an Affiliate of the Company; or
	 
	 	(F)	 	made any statement that is negative or derogatory in any way to any
Mediacom Company, its business or any of its directors or executive officers and
that the Committee determines to be materially injurious to any Mediacom Company;
or
	 
	 	(G)	 	materially breached any agreement or understanding between the
Grantee and any Mediacom Company or any predecessor in interest to any cable
system or business of any Mediacom Company regarding the terms of Grantee’s
service as an employee, officer, director or consultant to any Mediacom Company,
including, without limitation, this Agreement, Grantee’s employment agreement (if
any), and any applicable invention assignment, confidentiality or non-competition
agreement or similar agreement; or
	 
	 	(H)	 	failed to perform the material duties required of the Grantee as an
employee, officer, director or consultant of any Mediacom Company (other than as
a result of a disability) diligently and in a manner consistent with prudent
business practices and continued such failure after having been given notice of
such failure by such Mediacom Company; or
	 
	 	(I)	 	intentionally or willfully disregarded in any material respect any
of the policies of any Mediacom Company and continued such failure after having
been given notice of such failure by such Mediacom Company;

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	 	 	 	provided, however, that (x) a Termination of Employment shall not be deemed to
be for “Cause” unless at a meeting of the Board called and held (following any
applicable grace period) in the city in which the Company’s principal executive
offices are located, of which the Grantee was given not less than 10 business days’
prior written notice and at which the Grantee was afforded the opportunity to appear
and be heard (and be represented by counsel if he or she so chooses), the Board, by
the vote of a majority of its independent directors adopts a written resolution that
sets forth the Board’s determination that Cause (as defined herein) exists and the
basis for such determination and (y) if the Grantee’s Termination of Employment occurs
during the one year period following a Change of Control and at a time when Rocco B.
Commisso, is not the Chief Executive Officer of the Company, then “Cause”
shall not include any act or omission described in clauses (E) through (I) of the
foregoing definition.
	 
	 	(ii)	 	Change of Control. A “Change of Control” occurs if and when:

	 	(A)	 	the Company sells all or substantially all of its assets (whether
in a single or series or related transactions), or
	 
	 	(B)	 	any person or group, other than Rocco B. Commisso becomes the
direct or indirect beneficial owner of securities of the Company (or its
successor) representing more than 50% of the combined voting power of the then
outstanding securities of the Company ordinarily (and apart from the rights
accruing under special circumstances) having the right to vote in the election of
directors, regardless of whether such beneficial ownership is acquired as the
result of a purchase or other voluntary or involuntary acquisition of securities
from the Company or any of its shareholders or a merger or consolidation or any
other form of transaction or event or as the result of a single transaction or
event or multiple related or unrelated transactions or events. For purposes of
the foregoing definition, the terms “person,” “group” and “beneficial owner” (and
correlative terms such as “beneficial ownership”) shall have the meanings given
to them by the Securities and Exchange Commission (the “SEC”) for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as in effect on the Award
Date (the “Exchange Act”), and the number or percentage of any securities
beneficially owned by any person or group as of any time shall be determined in
accordance with the SEC’s rules under the Exchange Act as in effect on the Award
Date.

	 	(iii)	 	Good Reason. The Grantee shall have “Good Reason” to terminate
employment with the Mediacom Companies if any of the following events shall occur at
a time while Rocco B. Commisso is not the Chief Executive Officer of the Company:

	 	(A)	 	any material reduction in Grantee’s salary (other than a reduction
to which the Grantee specifically consents in writing); or
	 
	 	(B)	 	any failure by the Company (or its successor) or any Mediacom
Company to continue in effect any bonus, incentive, insurance or other benefit
plan, program or practice in which the Grantee was participating or participated
during the past year or the taking of any action by the Company (or its
successor) or any Mediacom Company that does or could adversely affect the
Grantee’s participation in, or materially reduces the Grantee’s benefits under,
any such plan, program or practice if such failure or action would constitute a
breach of any contractual or other legally binding right grantee has to the
bonus, incentive, insurance or other benefit, unless the Company

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	 	 	 	(its successor)
or any other Mediacom Company provides the Grantee with an alternative bonus,
incentive, insurance or other benefit of substantially equivalent value; or
	 
	 	(C)	 	a significant reduction in the Grantee’s responsibilities or
authority as an employee of any Mediacom Company, or the assignment to the
Grantee of any material new duties inconsistent with his or her position, duties,
responsibilities and status with the Company (or its successor) or any Mediacom
Company, or any removal or failure to reelect the Grantee to any such position,
except that the Grantee’s being subject to direction of the Board or any of the
Company’s executive officers to whom he or she reports as of the Award Date shall
not be “Good Reason” under this clause; or
	 
	 	(D)	 	the relocation of the office location assigned to the Grantee by
the Company to a location more than 25 miles from the Grantee’s principal office
without Grantee’s consent in writing, unless the Grantee’s new office location is
within 40 miles of Grantee’s principal residence.

Notwithstanding the foregoing, the Grantee will not be treated as having “Good Reason”
to terminate employment with the Mediacom Companies unless (i) he or she provides the
Company with written notice describing the event or condition that constitutes “Good
Reason” to terminate employment within 90 days after the occurrence thereof, (ii) the
Company fails to correct such event or condition within 30 days after receiving such
notice, and (iii) the Grantee terminates his or her employment with the Company (or
its successor) and all other Mediacom Companies within 30 days after the expiration of
the 30-day cure period specified in clause (ii) of this sentence.

	4.	 	Forfeiture of Units and Shares. Notwithstanding any provisions of this Agreement or
the Plan, the Units granted hereunder and all shares of Common Stock then in possession or
control of the Grantee, his or her heirs or legal or personal representatives or any member of
his or her immediate family that were delivered to the Grantee in settlement of Units shall be
automatically forfeited and cancelled, regardless of the extent to which the Grantee may have
otherwise vested in such Units, upon the determination at any time by the Committee (or in the
case of a Grantee who is not an executive officer, by the Chief Executive Officer of the
Company), that

	 	(a)	 	the Grantee has engaged in any of the activities described in Section 3(g)(i) while
employed by any Mediacom Company,
	 
	 	(b)	 	the Grantee has engaged in any of the activities described in Section 3(g)(i)(B),
(C), (E), (F) or (G) at any time within one year following Grantee’s Termination of
Termination of Employment for any reason, or
	 
	 	(c)	 	the Grantee had engaged in any of the activities described in Section 3(g)(i)(D) at
any time within one year following a voluntary Termination of Employment by the Grantee;

	 	 	provided, however, that (x) at a meeting of the Board called and held (following any applicable
grace period) in the city in which the Company’s principal executive offices are located, of
which the Grantee was given not less than 10 business days’ prior written notice and at which
the Grantee was afforded the opportunity to appear and be heard (and be represented by counsel
if he or she so chooses), the Board, by the vote of a majority of its independent directors
adopts a written resolution which sets forth the Board’s determination that the Grantee has
engaged in such activity and that the Company has suffered significant adverse consequences as
a result and which describes in reasonable detail the basis for such determination and (y)
during the first year after a Change of Control, the activities described in Section 3(g)(i)(E)
through (I) shall not constitute a

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	 	 	basis for forfeiture and cancellation of the Units and
shares of Common Stock pursuant to this Section.
	 
	5.	 	Delivery of Shares.

	 	(a)	 	Timing. The Company shall deliver to the Grantee or his or her legal or
personal representative shares of Common Stock underlying the vested Units as soon as
reasonably practicable on or after (but not later than two months after) the earliest of:
(i) the Vesting Date, (ii) the date on which such Units vest in accordance with Section 3
above or (iv) such Units otherwise cease to be subject a substantial risk of forfeiture
for purposes of Section 409A of the Code.
	 
	 	(b)	 	Method. The Company shall deliver the shares of Common Stock underlying the
vested Units at the time specified in Section 5(a) above, by issuing a certificate for
such shares to the Grantee or his or her legal or personal representative. Alternatively,
in the Company’s discretion, the Company may cause such shares to be registered in book
entry form and deliver a statement reflecting beneficial ownership of such shares. Record
ownership, or beneficial ownership if registered in book entry form, shall be in the name
of Grantee (or, if a proper assignment has been made, his or her authorized assignee or
legal representative). The Grantee is responsible for complying with any securities and
exchange control laws or any other legal requirements applicable to the Grantee in
connection with the grant of any Units, the vesting of Units, the receipt of any shares of
Common Stock underlying any vested Units and the disposition of any such shares.
	 
	 	(c)	 	Delay if Issuance Would Violate Applicable Securities Laws. The Company
shall not be obligated to issue or deliver any shares or any certificate or instrument
evidencing any shares of Common Stock if the Company determines in good faith that such
issuance or delivery would constitute a violation by Grantee or the Company of any
applicable securities law, regulation or rule or requirement of any governmental authority
or agency or any stock exchange or transaction quotation system on which the Common Stock
is or becomes listed; provided, however, that the Company will issue and deliver the
shares of Common Stock underlying vested Units on the earliest date following the delivery
date specified in Section 5(a) that the Company determines that the issuance or delivery
of such shares will no longer constitute a violation of any applicable securities law,
regulation or rule or requirement of any governmental authority or agency or any stock
exchange or transaction quotation system on which the Common Stock is or becomes listed.
The Company shall have no obligation to register, qualify or list any Units or Shares with
the Securities and Exchange Commission, any state securities commission or any stock
exchange or stock quotation system.

	6.	 	Dividend Equivalents; Adjustments.

	 	(a)	 	Dividend Equivalents. Whenever dividends are paid or distributions are made
with respect to shares of Common Stock, the Grantee will be credited with Dividend
Equivalents (as defined in the Plan) with respect to the Grantee’s Restricted Stock Units
as of the record date for such dividend or distribution. Such Dividend Equivalents will
credited to the Grantee in the form of additional Restricted Stock Units in a number
determined by dividing the aggregate value of such Dividend Equivalents by the fair market
value of a share of Common Stock at the payment date of the dividend or distribution
(rounding to the nearest whole number of shares). The additional Restricted Stock Units
credited to Grantee pursuant to this Section 6(a) will be subject to the same vesting and
delivery conditions that apply to the Restricted Stock Units with respect to which the
Dividend Equivalents are issued.

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	 	(b)	 	Adjustments for Mergers, Etc. In the event that the Committee determines
that any dividend or other distribution (whether in the form of shares of Common Stock, or
other property), recapitalization, forward or reverse stock split, subdivision,
consolidation or reduction of capital, reorganization, merger, consolidation, scheme of
arrangement, split-up, spin-off or combination involving the Company or repurchase or
exchange of Common Stock or other securities of the
Company or other rights to purchase Common Stock or other securities of the Company, or
other similar corporate transaction, then the Committee shall, in such manner as it may
deem equitable, adjust any or all of the number of Restricted Stock Units and type of
shares (or other securities or property) underlying the Restricted Stock Units as provided
in the Plan, including, without limitation, Sections 4.2 and 5.7 thereof.

	7.	 	Termination of Units Upon Change of Control. In addition, and without limitation, in
the event of a change of control of the Company, the Committee shall be authorized, in its
sole discretion without the consent of the Grantee, to make provision for the cancellation of
the unvested Units at any time during the period commencing thirty (30) days before and ending
12 months after any such change of control of the Company in exchange for cash, shares of
Common Stock or such other property as the Committee shall determine in its discretion, which
have a value that is equivalent to the value of the shares of Common Stock underlying such
Restricted Stock Units immediately prior to the cancellation of such Units.
	 
	8.	 	Non-Transferability of Units. Except as provided in the Plan, the Restricted Stock
Units shall not be assignable or transferable by the Grantee other than by will or the laws of
descent. The Units shall terminate and become null and void immediately upon the bankruptcy
of the Grantee, or upon any attempted assignment or transfer except as herein provided,
including, without limitation, any purported assignment, whether voluntary or by operation of
law, pledge, hypothecation or other disposition, attachment, or similar process, whether legal
or equitable, upon the Units.
	 
	9.	 	No Special Employment Rights. Neither the granting of the Units nor the vesting of
the Units shall be construed to confer upon the Grantee any right with respect to the
continuation of his or her employment by any Mediacom Company or interfere in any way with the
right of any Mediacom Company, subject to the terms of any separate employment agreement to
the contrary, at any time to terminate such employment or to increase or decrease the
compensation of the Grantee from the rate in existence as of the date hereof. Employment with
the Mediacom Companies is “at will” unless otherwise expressly provided in a separate
employment agreement.
	 
	10.	 	No Rights of Stockholder. The Grantee shall not be deemed for any purpose to be a
stockholder of the Company with respect to the Restricted Stock Units except to the extent
that the Units vest and the shares of Common Stock underlying such vested Units have been
issued and delivered to the Grantee.
	 
	11.	 	Amendment. Subject to Section 13.2 of the Plan, the Board or the Committee may amend
the Plan in accordance with the provisions of the Plan without the Grantee’s consent. Subject
to the terms of the Plan, the Committee may amend this Agreement without the consent of the
Grantee unless such amendment would adversely affect in any material way the rights of the
Grantee hereunder. For the sake of certainty, an adjustment provided for in Section 6 of
this Agreement or Section 4.2 or 5.7 of the Plan and the cancellation of the Units upon a
change of control of the Company as provided in Section 7 shall not constitute an amendment
requiring Grantee’s consent. Any amendment of this Agreement must be in writing and signed on
behalf of the Company by an authorized executive officer. No failure or delay in exercising
any power, right, or remedy will operate as a waiver. A waiver, to be effective, must be
written and signed by the waiving party.
	 
	12.	 	Notices. Any communication or notice required or permitted to be given hereunder
shall be in writing, and, if to the Company, to its principal place of business, attention:
Secretary, and, if to the

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	 	 	Grantee, to the address as appearing on the records of the Company.
Such communication or notice shall be deemed given if and when (a) properly addressed and
posted by registered or certified mail, postage prepaid, or (b) delivered by hand.
	 
	13.	 	Incorporation of Plan by Reference. This award of Restricted Stock Units is granted
pursuant to the Plan, the terms of which are incorporated herein by reference, and this
Agreement shall in all respects be interpreted in accordance with the Plan. Capitalized terms
used, but not defined in this Agreement have the meanings set forth in the Plan. The Committee
shall interpret and construe the Plan and this Agreement, and its interpretations and
determinations shall be conclusive and binding upon the parties hereto and any other person
claiming an interest hereunder, with respect to any issue arising hereunder or thereunder.
	 
	14.	 	Enforcement. If any provision of this Agreement, or the application of any such
provision to any person or circumstance, is determined by any court of competent jurisdiction
to be invalid or unenforceable, such provision shall nevertheless remain in full force and
effect in all other circumstances and jurisdictions and such invalidity or unenforceability
shall not affect the validity or enforceability of the remaining provisions of this Agreement
or the application of such provisions to any other persons or circumstances other than those
persons and circumstances within such
jurisdiction to which it is held invalid or unenforceable. If such invalidity or
unenforceability is due to the court’s determination that the scope of any provision is
excessively broad or restrictive under applicable law, such court shall construe such provision
by modifying its scope so as to be enforceable to the fullest extent compatible with the
applicable law of such jurisdiction then in effect.
	 
	15.	 	Controversies. The Company and the Grantee each consents and agrees that any legal
action or proceeding relating to any matters arising out of or in any manner relating to this
Agreement may only be brought in a court of the State of New York sitting in the County of New
York or in the United States District Court for the Southern District of New York. The Company
and the Grantee each also expressly and irrevocably consents and submits to the personal
jurisdiction of each of such courts in any such actions or proceedings and waives any claim or
defense in any such action or proceeding based on any alleged lack of personal jurisdiction,
improper venue, forum non conveniens or any similar basis. Notwithstanding the foregoing, at
the election of the Company, any such legal action or proceeding may be fully and finally
resolved either by the above-described court or by binding arbitration conducted by the
American Arbitration Association in New York, New York in accordance with either its rules for
the resolutions of employment disputes or its rules for the resolution of commercial disputes
(as also elected by the Company). The Company and the Grantee hereby agree to waive any and
all rights that each party has (or may have) to bring such legal actions or proceedings to
trial by jury.
	 
	16.	 	Expiration and Termination. This Agreement is subject to the Grantee’s acceptance
hereof by signing on the line below and returning an executed counterpart of this Agreement to
the Company at its main office in Middletown, New York, by                           , 20     . In the event
the Grantee fails to return an executed counterpart of this Agreement to the Company as
aforesaid by such date, this Agreement, the Restricted Stock Units and all of the other rights
granted to the Grantee hereunder shall immediately and automatically TERMINATE AND EXPIRE
without any further action or notice by the Company.

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	17.	 	Governing Law. The validity, construction and interpretation of this Agreement shall
be governed by and determined in accordance with the laws of the State of Delaware.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the Award Date.

	 	 	 	 	 	 	 	 	 	 	 
	GRANTEE:	 	 	 	MEDIACOM COMMUNICATIONS CORPORATION:
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name: Rocco B. Commisso	 	 
	 

	 	 

	 	 	 	 	 	Title: Chairman and Chief Executive Officer	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 

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