Comcast 2009 Annual Report Download - page 144

2.19. “ Disability ” means:
(a) an individual’s inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental
impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months; or
(b) circumstances under which, by reason of any medically determinable physical or mental impairment which can be expected to
result in death or can be expected to last for a continuous period of not less than 12 months, an individual is receiving income replacement
benefits for a period of not less than three months under an accident or health plan covering employees of the individual’s employer.
2.20. “ Disabled Participant ” means:
(a) A Participant whose employment or, in the case of a Participant who is an Outside Director, a Participant whose service as an
Outside Director, is terminated by reason of Disability;
(b) The duly-appointed legal guardian of an individual described in Section 2.20(a) acting on behalf of such individual.
2.21. “ Eligible Employee ” means:
(a) Each Grandfathered Employee;
(b) Each employee of a Participating Company whose Annual Rate of Pay is $200,000 or more as of both (i) the date on which an
Initial Election is filed with the Administrator and (ii) the first day of the calendar year in which such Initial Election is filed;
(c) Each New Key Employee; and
(d) Each other employee of a Participating Company who is designated by the Committee, in its discretion, as an Eligible Employee;
provided, in each case, that such individual’s Compensation is administered under the Company’s common payroll system.
2.22. “ Fair Market Value ”
(a) If shares of Company Stock are listed on a stock exchange, Fair Market Value shall be determined based on the last reported sale
price of a share on the principal exchange on which shares are listed on the date of determination, or if such date is not a trading day, the
next trading date.
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