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Exhibit 10.14
NON-QUALIFIED STOCK OPTION
NOTICE
[FIRST NAME] [LAST NAME]
[ADDRESS]
This Option Notice (the
“Notice”) dated as of June 12, 2009 (the “Grant
Date”) is being sent to you by Virgin Media Inc. (including
any successor company, the “Company”). As you are
presently serving as an employee of Virgin Media Inc. or one of its
subsidiary corporations, in recognition of your services and
pursuant to the Virgin Media Inc. 2006 Stock Incentive Plan (the
“Plan”) the Company has granted you the Option provided
for in this Notice. This Option is subject to the terms and
conditions set forth in the Plan, which is incorporated herein by
reference, and defined terms used but not defined in this Notice
shall have the meaning set forth in the Plan.
1. Grant of
Option . The
Company hereby irrevocably grants to you, as of the Grant Date, an
option to purchase up to [NUMBER] shares of the Company’s
Common Stock at a price of $8.73 per share (the
“Option”). The Option is not intended to qualify
as an Incentive Stock Option under U.S. tax laws and it is not
intended to qualify as an approved Option under U.K. tax
laws.
2.
Vesting .
The Option shall vest as to 20% of the shares on January 1,
2010 and as to an additional 20% of the shares on each January 1
therea
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