Exhibit 18
ACKNOWLEDGMENT
TO THE STOCKHOLDERS AGREEMENT
This ACKNOWLEDGMENT (this "Acknowledgment") to the Stockholders Agreement,
dated as of March 19, 2004 (the "Original Agreement"), by and among each of the
holders of Cablevision NY Group Class B common stock ("Class B Common Stock") of
Cablevision Systems Corporation, a Delaware corporation ("Cablevision"), listed
on Schedule A, annexed thereto (each, a "Class B Stockholder", and collectively,
the "Class B Stockholders"), is entered into as of April 25, 2005, by and among
the Class B Stockholders and Xxxxx X. Xxxxx, as Trustee of the Xxxxxxx X. Xxxxx
2001 Family Trust (the "2001 Family Trust"). Capitalized terms used and not
defined herein shall have the meanings given to such terms in the Original
Agreement.
W I T N E S S E T H:
WHEREAS, Xxxxx X. Xxxxx resigned as Trustee of the 2001 Family Trust,
pursuant to the Resignation of Trustee, dated as of March 23, 2005;
WHEREAS, Xxxxxxx X. Xxxxx appointed Xxxxx X. Xxxxx to be a successor
co-Trustee of the 2001 Family Trust, pursuant to the Designation of Successor
Trustee, dated as of March 23, 2005;
WHEREAS, Xxxxx X. Xxxxx accepted appointment as a successor co-Trustee
of the 2001 Family Trust, pursuant to the Acceptance of Appointment of
Successor Trustee, dated as of April 25, 2005;
WHEREAS, the Class B Stockholders wish to acknowledge that Xxxxx X. Xxxxx
is no longer a signatory as a Trustee of the 2001 Family Trust and to
acknowledge that Xxxxx X. Xxxxx is a signatory to the Original Agreement, in his
capacity as a Trustee of the 2001 Family Trust;
NOW THEREFORE, in consideration of the premises and of the mutual promises
and agreement contained herein, the parties hereto, agree as follows:
Section 1. Acknowledgment of Successor Trustees. The Class B Stockholders
hereby acknowledge that Xxxxx X. Xxxxx has become a Trustee of the 2001 Family
Trust as listed in the recitals above, and as such, shall be a signatory to the
Original Agreement in his capacity as a Trustee on behalf of the 2001 Family
Trust.
Section 2. Amendment to Schedule. Schedule A to the Original Agreement is
hereby amended and restated respectively in the form of Schedule A attached
hereto.
Section 3. Original Agreement Ratified. The Original Agreement is in all
respects ratified and confirmed, and this Acknowledgment shall be deemed part of
the Original Agreement in the manner and to the extent herein and therein
provided.
Section 4. Governing Law. This Acknowledgment shall be governed and
construed according to the laws of the State of New York, without regard to its
rules for conflicts of laws.
Section 5. Counterparts; Section Headings. This Acknowledgment may be
executed in any number of counterparts, each of which shall be deemed an
original, but all of which together can constitute one and the same instrument.
The headings and titles herein are for convenience of reference only and are to
be ignored in any construction of the provisions hereof.
[Remainder of page intentionally left blank.]
2
IN WITNESS WHEREOF, this Acknowledgment has been executed by each of the
parties hereto, and shall be effective as of the date first above written.
/s/ Xxxxxxx X. Xxxxx
----------------------------------------
XXXXXXX X. XXXXX, individually, and as
Trustee of the Xxxxxxx X. Xxxxx 2004
Grantor Retained Annuity Trust
XXXXX FAMILY LLC
By /s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Manager
/s/ Xxxxxxxx X. Xxxxx
----------------------------------------
XXXXXXXX X. XXXXX, individually, and as a
Trustee of the Xxxxx Descendants Trust,
the Xxxxx Grandchildren Trust,
the Xxxxx Spouse Trust, the Xxxxx Progeny
Trust, the D.C. Xxxxxxxx Trust and CFD
Trust No. 1
/s/ Xxxxxxx X. Xxxxx-Xxxxxxx
----------------------------------------
XXXXXXX X. XXXXX-XXXXXXX, individually,
and as a Trustee of the Xxxxx Descendants
Trust, the Xxxxx Grandchildren Trust,
the Xxxxx Spouse Trust, the Xxxxx Progeny
Trust, the D.C. Xxxxxxx Trust and CFD
Trust No. 2
/s/Xxxxxxxx Xxxxx Xxxxx
----------------------------------------
XXXXXXXX XXXXX XXXXX, individually, and
as a Trustee of the Xxxxx Descendants
Trust, the Xxxxx Grandchildren Trust,
the Xxxxx Spouse Trust, the Xxxxx Progeny
Trust, the D.C. Xxxxxxxx Trust and CFD
Trust No. 3
/s/ Xxxxxxx X. Xxxxx
----------------------------------------
XXXXXXX X. XXXXX, individually, and as a
Trustee of the D.C. Patrick Trust, the
Xxxx Xxxxx 1989 Trust and CFD Trust No. 4
/s/ Xxxxxx X. Xxxxx
--------------------------------------
XXXXXX X. XXXXX, individually, and as a
Trustee of the X.X. Xxxxxx Trust and CFD
Trust No. 5
/s/ Xxxxx X. Xxxxx
----------------------------------------
XXXXX X. XXXXX, individually, and as a
Trustee of the D.C. James Trust and as
Trustee of the Xxxxxxx Xxxxxx 1989 Trust,
the Xxxxxxx Xxxxx 1989 Trust, the Xxxx
Xxxxx 1989 Trust and CFD Trust No. 6
/s/ Xxxx X. Xxxxx
----------------------------------------
XXXX X. XXXXX, not individually, but
solely as a Trustee of Xxxxx Descendants
Trust, the Xxxxx Grandchildren Trust,
the Xxxxx Spouse Trust, the Xxxxx Progeny
Trust, the D.C. Xxxxxxxx Trust, the D.C.
James Trust, the CFD Trust # 10 and CFD
Trust Nos. 1 and 6
/s/ Xxxx X. Xxxxx
----------------------------------------
XXXX X. XXXXX, not individually, but
solely as a Trustee of the D.C. Xxxxxxx
Trust, the D.C. Patrick Trust, and CFD
Trust Nos. 2 and 4
/s/ Xxxxxxx X. Xxxxx
-------------------------------------
XXXXXXX X. XXXXX, not individually, but
solely as a Trustee of the D.C. Xxxxxxxx
Trust, the X.X. Xxxxxx Trust, and CFD
Trust Nos. 3 and 5
/s/ Xxxxx X. Xxxxx
----------------------------------------
XXXXX X. XXXXX, not individually, but
solely as a Trustee of the Xxxxxxx X.
Xxxxx 2001 Family Trust
/s/ Xxxxx X. Xxxxx
----------------------------------------
XXXXX X. XXXXX, individually
/s/ Xxxxxxxx X. Xxxxx
----------------------------------------
XXXXXXXX X. XXXXX, not individually, but
solely as a Trustee of the Xxxxxxx X.
Xxxxx 2001 Family Trust
SCHEDULE A
STOCKHOLDER SHARES OF CLASS B COMMON STOCK
----------- ------------------------------
Xxxxxxx X. Xxxxx 24,991,398
Xxxxx Family LLC 7,977,325
Xxxxx Descendants Trust 37,493
Trustees: Xxxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx-Xxxxxxx
Xxxxxxxx Xxxxx Xxxxx
Xxxx X. Xxxxx
Xxxxx Progeny Trust 19,145
Trustees: Xxxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx-Xxxxxxx
Xxxxxxxx Xxxxx Xxxxx
Xxxx X. Xxxxx
Xxxxx Grandchildren Trust 26,325
Trustees: Xxxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx-Xxxxxxx
Xxxxxxxx Xxxxx Xxxxx
Xxxx X. Xxxxx
Xxxxx Spouse Trust 3,637
Trustees: Xxxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx-Xxxxxxx
Xxxxxxxx Xxxxx Xxxxx
Xxxx X. Xxxxx
D.C. Xxxxxxxx Trust 1,934,443
Trustees: Xxxxxxxx X. Xxxxx
Xxxx X. Xxxxx
D.C. Xxxxxxx Trust 1,934,443
Trustees: Xxxxxxx X. Xxxxx-Xxxxxxx
Xxxx X. Xxxxx
STOCKHOLDER SHARES OF CLASS B COMMON STOCK
----------- ------------------------------
D.C. Xxxxxxxx Trust 1,878,085
Trustees: Xxxxxxxx Xxxxx Xxxxx
Xxxxxxx X. Xxxxx
X.X. Xxxxxxx Trust 1,878,085
Trustees: Xxxxxxx X. Xxxxx
Xxxx X. Xxxxx
X.X. Xxxxxx Trust 1,934,443
Trustees: Xxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx
X.X. Xxxxx Trust 1,934,443
Trustees: Xxxxx X. Xxxxx
Xxxx X. Xxxxx
CFD Trust No. 1 1,741,481
Trustees: Xxxxxxxx X. Xxxxx
Xxxx X. Xxxxx
CFD Trust No. 2 1,741,481
Trustees: Xxxxxxx X. Xxxxx-Xxxxxxx
Xxxx Xxxxx
CFD Trust No. 3 1,685,123
Trustees: Xxxxxxxx Xxxxx Xxxxx
Xxxx Xxxxx
CFD Trust No. 4 1,665,978
Trustees: Xxxxxxx X. Xxxxx
Xxxx Xxxxx
CFD Trust No. 5 1,773,391
Trustees: Xxxxxx X. Xxxxx
Xxxx Xxxxx
CFD Trust No. 6 1,773,391
Trustees: Xxxxx X. Xxxxx
Xxxx X. Xxxxx
CFD Trust # 10 596,423
Trustee: Xxxx X. Xxxxx
STOCKHOLDER SHARES OF CLASS B COMMON STOCK
----------- ------------------------------
Xxxx Xxxxx 1989 Trust 60,627
Trustee: Xxxxxxx X. Xxxxx
Xxxxxxx Xxxxxx 1989 Trust 60,627
Trustee: Xxxxx X. Xxxxx
Xxxxxxx Xxxxx 0000 Trust 60,627
Trustee: Xxxxx X. Xxxxx
Xxxx Xxxxx 1989 Trust 60,627
Trustee: Xxxxx X. Xxxxx
Xxxxxxx X. Xxxxx 2001 Family Trust 5,945,196
Trustees: Xxxxxxxx X. Xxxxx
Xxxxx X. Xxxxx
Xxxxxxx X. Xxxxx 2004 Grantor Retained 5,500,000
Annuity Trust
Trustee: Xxxxxxx X. Xxxxx
