Amendment to Time Sharing Agreement between James L. Dolan and CSC Transport IV, Inc.
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Summary
This amendment, effective April 1, 2012, modifies the Time Sharing Agreement between James L. Dolan and CSC Transport IV, Inc. It changes the terms for additional charges on certain flights: if neither James L. Dolan nor Charles F. Dolan is on board, or if James L. Dolan exceeds 50 hours of flight time per year, an extra charge equal to 100% of specified expenses will apply. All other terms of the original agreement remain unchanged.
EX-10.2 3 ex10_2.htm EXHIBIT 10.2 ex10_2.htm
Exhibit 10.2
August 3, 2012
Mr. James L. Dolan
Cablevision Systems Corporation
1111 Stewart Avenue
Bethpage, NY 11714
Dear Jim:
Re: Amendment to Time Sharing Agreement
Reference is made hereby to that certain Time Sharing Agreement (the “Agreement”) dated November 22, 2006 by and between you and CSC Transport IV, Inc. (“CSC”)
You and CSC hereby agree that, effective as of April 1, 2012, Section 2(i) of the Agreement shall be amended to read in full as follows:
“(i) with respect solely to any flights hereunder on which neither you nor Charles F. Dolan is on-board, and with respect to any flights hereunder on which you are in board in excess of 50 hours per year, an additional charge equal to 100% of the expenses listed in Section 2(a)”.
Except as set forth herein, the Agreement shall continue in full force and effect in accordance with its terms.
Sincerely, | |
CSC TRANSPORT IV, INC. | |
/s/ James Nuzzo | |
Name: James Nuzzo | |
Title: EVP, Business Planning |
Accepted and agreed:
/s/ James L. Dolan
James L. Dolan