Comcast 2009 Annual Report Download - page 103
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(cc) “ Subsidiary Companies ” means all business entities that, at the time in question, are subsidiaries of the Sponsor within the meaning
of section 424(f) of the Code.
(dd) “ Ten Percent Shareholder ” means a person who on the Date of Grant owns, either directly or within the meaning of the attribution
rules contained in section 424(d) of the Code, stock possessing more than 10% of the total combined voting power of all classes of stock of his
employer corporation or of its parent or subsidiary corporations, as defined respectively in sections 424(e) and (f) of the Code, provided that the
employer corporation is a Company.
(ee) “ Terminating Event ” means any of the following events:
(ff) “ Third Party ” means any Person other than a Company, together with such Person’s Affiliates, provided that the term “Third Party”
shall not include the Sponsor or an Affiliate of the Sponsor.
(gg) “ 1933 Act ” means the Securities Act of 1933, as amended.
(hh) “ 1934 Act ” means the Securities Exchange Act of 1934, as amended.
(a) Types of Options and Other Rights Available for Grant . Rights that may be granted under the Plan are:
-
6
-
(i)
the liquidation of the Sponsor; or
(ii)
a Change of Control.
3.
RIGHTS TO BE GRANTED
(i) Incentive Stock Options, which give an Optionee who is an employee of a Company the right for a specified time period to purchase
a specified number of Shares for a price not less than the Fair Market Value on the Date of Grant.
(ii)
Non
-
Qualified Options, which give the Optionee the right for a specified time period to purchase a specified number of Shares for a
price not less than the Fair Market Value on the Date of Grant; and
(iii) Cash Rights, which give an Optionee the right for a specified time period, and subject to such conditions, if any, as shall be
determined by the Committee and stated in the option document, to receive a cash payment of such amount per Share as shall be
determined by the Committee and stated in the option document, not to exceed the excess, if any, of the Fair Market Value of a Share
on the date of exercise of a Cash Right over the Fair Market Value of Share on the date of grant of a Cash Right, in lieu of exercising
a Non
-
Qualified Option.