Comcast 2009 Annual Report Download - page 129

than ten (10) years from the previously-elected payment date, or such Surviving Spouse may elect to defer payment until such
Surviving Spouse’s death. A Surviving Spouse may only make one (1) Subsequent Election under this Section 3.5(c)(ii) with respect
to all or any part of the Deceased Participant’s Account. Such Surviving Spouse may, however, make one additional Subsequent
Election under Section 3.5(c)(i) in accordance with the terms of Section 3.5(c)(i). The one (1) Subsequent Election permitted under
this Section 3.5(c)(ii) may specify different changes for different parts of the Deceased Participant’s Account.
(d) Beneficiary of a Deceased Participant Other Than a Surviving Spouse .
(i) General Rule . A Beneficiary of a Deceased Participant (other than a Surviving Spouse) may elect to change the manner of
distribution, or defer the time of payment, of any part or all of such Deceased Participant’s Account the payment of which would be
made neither within six (6) months after, nor within the calendar year of, the date of such election. Such election shall be made by
filing a Subsequent Election with the Administrator in which the Beneficiary shall specify the change in the manner of distribution or
the change in the time of payment, which shall be no less than two (2) nor more than ten (10) years from the previously-elected
payment date. A Beneficiary may make one (1) Subsequent Election under this Section 3.5(d)(i), with respect to all or any part of the
Deceased Participant’s Account. Subsequent Elections pursuant to this Section 3.5(d)(i) may specify different changes for different
parts of the Deceased Participant’s Account.
(ii) Exception . Notwithstanding the above Section 3.5(d)(i), a Subsequent Election may be made by a Beneficiary within sixty
(60) days of the Deceased Participant’s death; provided, however, such election may only be made with respect to amounts which
would not be paid under the Deceased Participant’s election as in effect on the date of the Deceased Participant’s death until a date
which is at least six (6) months from the Deceased Participant’s date of death. Such election shall be made by filing a Subsequent
Election with the Administrator in which the Beneficiary shall specify the change in the manner of distribution or the change in the
time of payment, which shall be no less than two (2) nor more than ten (10) years from the previously-elected payment date. A
Beneficiary may make one (1) Subsequent Election under this Section 3.5(d)(ii) with respect to all or any part of the Deceased
Participant’
s Account. Subsequent Elections pursuant to this Section 3.5(d)(ii) may specify different changes for different parts of the
Deceased Participant’s Account.
(e) Other Deferral and Acceleration by a Beneficiary . Any Beneficiary (other than a Surviving Spouse who has made a Subsequent
Election under Section 3.5(c) or a Beneficiary who has made a Subsequent Election under Section 3.5(d)) may elect to change the manner
of distribution from the manner of distribution in which payment of a Deceased Participant’s Account would otherwise be made, and
(i) Defer the time of payment of any part or all of the Deceased Participant’s Account or deceased Beneficiary’s Account for
one additional year from the date a payment would otherwise be made or begin (provided that if a Subsequent Election is made
pursuant to this Section 3.5(e)(i), the Deceased Participant’s Account or deceased Beneficiary’s Account shall be in all events
distributed in full on or before the fifth anniversary of the Deceased Participant’s or a deceased Beneficiary’s death); or
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