Comcast 2009 Annual Report Download - page 111
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(i) Cash Rights . The Committee may, in its sole discretion, provide in an option document for an eligible Optionee that Cash Rights shall
be attached to Non-Qualified Options granted under the Plan. All Cash Rights that are attached to Non-Qualified Options shall be subject to the
following terms:
The aggregate Fair Market Value (determined as of the time Options are granted) of the Shares with respect to which Incentive Stock
Options may first become exercisable by an Optionee in any one calendar year under the Plan and any other plan of the Company shall not
exceed $100,000. The limitations imposed by this Paragraph 8 shall apply only to Incentive Stock Options granted under the Plan, and not to any
other options or stock appreciation rights. In the event an individual receives an Option intended to be an Incentive Stock Option which is
subsequently determined to have exceeded the limitation set forth above, or if an individual receives Options that first become exercisable in a
calendar year (whether pursuant to the terms of an option document, acceleration of exercisability or other change in the terms and conditions of
exercise or any other reason) that have an aggregate Fair Market Value (determined as of the time the Options are granted) that exceeds the
limitations set forth above, the Options in excess of the limitation shall be treated as Non-Qualified Options.
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14
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(i)
Such Cash Right shall expire no later than the Non
-
Qualified Option to which it is attached.
(ii)
Such Cash Right shall provide for the cash payment of such amount per Share as shall be determined by the Committee and stated in
the option document.
(iii)
Such Cash Right shall be subject to the same restrictions on transferability as the Non
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Qualified Option to which it is attached.
(iv)
Such Cash Right shall be exercisable only when such conditions to exercise as shall be determined by the Committee and stated in
the option document, if any, have been satisfied.
(v)
Such Cash Right shall expire upon the exercise of the Non
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Qualified Option to which it is attached.
(vi) Upon exercise of a Cash Right that is attached to a Non-Qualified Option, the Option to which the Cash Right is attached shall
expire.
8.
LIMITATION ON EXERCISE OF INCENTIVE STOCK OPTIONS