EXHIBIT 10.58
AMENDMENT NUMBER 1 (this "Amendment") dated as of February 17, 2005 by
and among Comcast Cable Communications Holdings, Inc., a Delaware corporation
("Comcast"), MOC Holdco II, Inc., a Delaware corporation ("Comcast Subsidiary"),
TWE Holdings I Trust, a Delaware statutory trust ("Comcast Trust I"), TWE
Holdings II Trust, a Delaware statutory trust ("Comcast Trust"), Comcast
Corporation, a Pennsylvania corporation ("Comcast Parent"), Cable Holdco Inc., a
Delaware corporation ("Holdco"), and Time Warner Cable Inc., a Delaware
corporation ("Time Warner Cable").
WHEREAS, the parties hereto are parties to an Tolling and Optional
Redemption Agreement dated as of September 24, 2004 (the "Agreement"); and
WHEREAS, the parties hereto desire to amend the Agreement as set forth
herein;
NOW, THEREFORE, the parties hereto agree as follows:
Section 1. Definitions. Capitalized terms used herein and not defined
shall have the meanings specified in the Agreement. References to Sections in
this Amendment refer to such Sections in the Agreement.
Section 2. Amendment. The Agreement is hereby amended as follows:
(a) Section 1.1 is amended as follows:
(i) by adding the following defined terms:
"Option/Tolling Termination Notice" means a notice by
either Comcast Subsidiary to the other parties hereto or by
Time Warner Cable to the other parties hereto that, in either
such case, such party intends to cause the Option and the
tolling of registration rights pursuant to Section 2.3 to, in
each case, terminate at 5:00 p.m. (NYT) on the 60th day after
the delivery of such notice.
"Option/Tolling Termination Notice Date" means the
date of delivery of the Option/Tolling Termination Notice.
(ii) by deleting clause (i) of the definition of "Option
Expiration Date" and replacing it with the following: "(i) the date
that is 60 days following the Option/Tolling Termination Notice Date";
and
(iii) by deleting clauses (i), (ii) and (iii) of the
definition of "Tolling Termination Date" and replacing it with the
following clauses (i), (ii) and (iii): "(i) the date that is 60 days
following the Option/Tolling Termination Notice Date, (ii) termination
of this Agreement by Comcast
Subsidiary pursuant to Section 10.1(c), (iii) the termination of this
Agreement by Comcast Subsidiary pursuant to Section 10.1(h)".
(b) Section 10.1 is amended by inserting the following
immediately following Section 10.1(g):
"(h) By Comcast Subsidiary, at any time after
April 1, 2005, if by notice to the other parties Comcast
Subsidiary irrevocably elects not to exercise the Option."
Section 3. Entire Agreement. The Agreement, as amended hereby, and the
other Transaction Documents executed concurrent therewith embody the entire
agreement among the parties hereto with respect to the subject matter thereof
and supersedes all prior representations, agreements and understandings, oral or
written, with respect thereto.
Section 4. Binding Effect. Except to the extent expressly provided
herein, the Agreement shall remain in full force and effect in accordance with
its terms.
Section 5. Miscellaneous. Article 12 of the Agreement (other than
Sections 12.1, 12.2, 12.5, 12.14 and 12.16), is hereby incorporated by reference
into this Amendment and made a part hereof, except that references in such
Article to the Agreement shall be deemed to refer this Amendment (other than
references to specific provisions of the Agreement, which shall be deemed to
refer to such provisions of the Agreement).
2
IN WITNESS WHEREOF, the undersigned have executed, or have caused to be
executed, this Amendment on the date first written above.
COMCAST CABLE
COMMUNICATIONS HOLDINGS,
INC.
By: /s/ Xxxxxx X. Block
----------------------------------
Name: Xxxxxx X. Block
Title: Senior Vice President
MOC HOLDCO II, INC.
By: /s/ Xxxxx X. XxXxx
----------------------------------
Name: Xxxxx X. XxXxx
Title: President
TWE HOLDINGS II TRUST
By: /s/ Xxxxx X. Holiday
----------------------------------
Name: Xxxxx X. Holiday, solely in
her capacity as Operating Trustee
CABLE HOLDCO INC.
By: /s/ Xxxxx X. X'Xxxxx
----------------------------------
Name: Xxxxx X. X'Xxxxx
Title: Executive VP--Investments
TIME WARNER CABLE INC.
By: /s/ Xxxxx X. X'Xxxxx
----------------------------------
Name: Xxxxx X. X'Xxxxx
Title: Executive VP--Investments
COMCAST CORPORATION
By: /s/ Xxxxxx X. Block
---------------------------------
Name: Xxxxxx X. Block
Title: Senior Vice President
TWE HOLDINGS I TRUST
By: /s/ Xxxxx X. Holiday
----------------------------------
Name: Xxxxx X. Holiday, solely
in her capacity as Operating
Trustee
