Amendment to Time Sharing Agreement between Charles F. Dolan and CSC Transport IV, Inc.

Summary

This amendment, effective April 1, 2012, modifies the existing Time Sharing Agreement between Charles F. Dolan and CSC Transport IV, Inc. It changes the terms for certain flights, specifying that if neither Charles F. Dolan nor James L. Dolan is on board, or if Charles F. 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-10.3 4 ex10_3.htm EXHIBIT 10.3 ex10_3.htm

Exhibit 10.3

August 3, 2012

Mr. Charles F. Dolan

Cablevision Systems Corporation

1111 Stewart Avenue

Bethpage, NY 11714

Dear Charles:

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 James L. 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/ Charles F. Dolan

Charles F. Dolan