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Exhibit 10.19
INCENTIVE STOCK OPTION
NOTICE
Dear James
Mooney
This Option Notice (the “Notice”)
dated as of March 28, 2003 (the “Grant Date”) is
being sent to you by NTL Incorporated (including any
successor company, the “Company”). As you are
presently serving as an employee of NTL Incorporated or one of its
Subsidiary Corporations, in recognition of your services and
pursuant to the 2003 NTL Incorporated Stock Option Plan (the
“Plan”), the Company has granted you the Option
provided for in this Notice. The 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 100,000
shares of the Company’s Common Stock at a price of $9.85 per
share (the “Option”). The Option is intended to
qualify as an Incentive Stock Option under U.S. tax laws and the
Company will treat it as such to the extent permitted by applicable
law.
2.
Vesting . The Option shall
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