December 19, 2005 Mike LaJoie Executive Vice President, Chief Technology Officer Time Warner Cable 290 Harbor Drive Stamford, CT 06902 Dear Mike:
Exhibit 10.33
December 19, 2005
Xxxx XxXxxx
Executive Vice President, Chief Technology Officer
Time Warner Cable
000 Xxxxxx Xxxxx
Xxxxxxxx, XX 00000
Executive Vice President, Chief Technology Officer
Time Warner Cable
000 Xxxxxx Xxxxx
Xxxxxxxx, XX 00000
Dear Xxxx:
In accordance with Section 4.10 of the Employment Agreement (the “Agreement”) dated as of June 1,
2000 between you and Time Warner Entertainment Company, L.P., a subsidiary of Time Warner Cable
Inc., which Agreement expires on December 31, 2005, the Company hereby offers to extend the
Agreement with the same terms and conditions (except as amended below) until December 31, 2008.
Section 2.1 of the Agreement is hereby amended to provide that you shall serve as Executive Vice
President & Chief Technology Officer and that you shall report to the Chief Executive Officer of
the Company. Section 3.1 of the Agreement is hereby amended to provide that your Base Salary, as
defined in the Agreement, will be an amount not less than $420,600.00. Section 3.2 of the
Agreement is hereby amended to provide that your Target Bonus, as defined in the Agreement shall
be 80%, subject to the Company’s discretion as described in the Agreement. No other provisions of
Sections 2.1, 3.1, 3.2 or any other provisions of the Agreement are hereby amended.
Please indicate your acceptance of the foregoing extension of the Agreement by signing this
letter and returning it to the Company by December 31, 2005. Failure to do so will be deemed an
election by you to terminate your employment without cause pursuant to Section 4.3 of the
Agreement.
By:
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/s/ Xxxx Xxxxxxxx-Xxxxxxxxx | ||
Xxxx Xxxxxxxx-Xxxxxxxxx Executive Vice President, General Counsel and Secretary |
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Accepted: | |||
/s/ Xxxxxxx XxXxxx | |||
12/22/2005 | |||
Date | |||
Title: Executive Vice President, Chief Technology Officer |