January 16, 2007 Landel Hobbs Chief Operating Officer Time Warner Cable 290 Harbor Drive Stamford, CT 06802 RE: Employment Agreement Amendment Dear Landel:
Exhibit 10.40
January 16, 2007
Xxxxxx Xxxxx
Chief Operating Officer
Time Warner Cable
000 Xxxxxx Xxxxx
Xxxxxxxx, XX 00000
Chief Operating Officer
Time Warner Cable
000 Xxxxxx Xxxxx
Xxxxxxxx, XX 00000
RE: Employment Agreement Amendment
Dear Xxxxxx:
Pursuant to Section 11.6 of your employment agreement dated August 31, 2005 (the “Employment
Agreement”), in connection with the relocation of Time Warner Cable Inc.’s (the “Company”)
principal corporate offices to One Time Warner Center, New York, N.Y., the Company seeks a limited
waiver of a breach of Section 2(iv) (place for performance of your services) of the Employment
Agreement.
By signing this letter where indicated below you hereby agree that the Company’s relocation
of its principal corporate offices and the addition of New York, New York as the place for
performance of your services does not constitute a breach of Section 2(iv) of the Employment
Agreement and you hereby waive any breach of Section 2(iv) with respect to the relocation to New
York, New York.
The Company does not seek a waiver with respect to any other provision of the Employment
Agreement or any other change in the place of performance of your services.
Sincerely,
/s/ Xxxx Xxxxxxxx-Xxxxxxxxx
Xxxx Xxxxxxxx-Xxxxxxxxx
AGREED TO:
/s/ Xxxxxx Xxxxx
Xxxxxx Xxxxx
Xxxxxx Xxxxx