December 2, 2011 Mike LaJoie Time Warner Cable Inc.
Exhibit 10.40
December 2, 2011
Xxxx XxXxxx
Time Xxxxxx Cable Inc.
00 Xxxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Dear Xxxx:
In accordance with Section 4.10 of the Employment Agreement (the “Agreement”) dated as of June 1, 2000, as amended, between you and Time Warner Entertainment Company, L.P., a subsidiary of Time Warner Cable Inc., which Agreement expires on December 31, 2011, the Company hereby offers to extend the Agreement with the same terms and conditions until December 31, 2014.
Please indicate your acceptance of the foregoing extension of the Agreement by signing this letter and returning to Xxxxx X. Xxxxx in Corporate Human Resources, Executive Compensation, in Charlotte, NC no later than December 20, 2011. 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.
Sincerely, | ||
TIME WARNER ENTERTAINMENT COMPANY, L.P., a subsidiary of TIME WARNER CABLE INC. | ||
By: | /s/ XXXXX XXXXXXX | |
XXXXX XXXXXXX | ||
EXECUTIVE VICE PRESIDENT, HUMAN RESOURCES |
AGREED AND ACCEPTED:
Xxxx XxXxxx |
/s/ Xxxx XxXxxx |
Date: 12/6/2011