Comcast 2009 Annual Report Download - page 170

(ddd) “ Vesting Date ” means, as applicable: (i) the date on which the restrictions imposed on a Share of Restricted Stock lapse or (ii) the
date on which the Grantee vests in a Restricted Stock Unit.
(eee) “ 1933 Act ” means the Securities Act of 1933, as amended.
(fff) “ 1934 Act ” means the Securities Exchange Act of 1934, as amended.
Rights that may be granted under the Plan are:
(a) Rights to Restricted Stock which gives the Grantee ownership rights in the Shares subject to the Award, subject to a substantial risk of
forfeiture, as set forth in Paragraph 7, and to deferred payment, as set forth in Paragraph 8; and
(b) Rights to Restricted Stock Units which give the Grantee the right to receive Shares upon a Vesting Date, as set forth in Paragraph 7,
and to deferred payment, as set forth in Paragraph 8. The maximum number of Shares subject to Awards that may be granted to any single
individual in any calendar year, adjusted as provided in Paragraph 10, shall be 2.0 million Shares.
(a) Subject to adjustment as provided in Paragraph 10, not more than 74 million Shares in the aggregate may be issued under the Plan
pursuant to the grant of Awards. The Shares issued under the Plan may, at the Company’s option, be either Shares held in treasury or Shares
originally issued for such purpose.
(b) If (i) Restricted Stock or Restricted Stock Units are forfeited pursuant to the terms of an Award or (ii) with respect to Restricted Stock
Units, the Company withholds Shares to satisfy its minimum tax withholding requirements as provided in Paragraph 9(c), other Awards may be
granted covering the Shares that were forfeited, or covering the Shares so withheld to satisfy the Company’s minimum tax withholding
requirements, as applicable.
(a) Administration . The Plan shall be administered by the Committee, provided that with respect to Awards to Non-Employee Directors,
the rules of this Paragraph 5 shall apply so that all references in this Paragraph 5 to the Committee shall be treated as references to either the
Board or the Committee acting alone.
(b) Grants . Subject to the express terms and conditions set forth in the Plan, the Committee shall have the power, from time to time, to:
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3.
RIGHTS TO BE GRANTED
4.
SHARES SUBJECT TO THE PLAN
5.
ADMINISTRATION OF THE PLAN
(i)
select those Employees and Non
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Employee Directors to whom Awards shall be granted under the Plan, to determine the number of
Shares and/or Restricted Stock Units, as applicable, to be granted pursuant to each Award, and, pursuant to the provisions of the
Plan, to determine the terms and conditions of each Award, including the restrictions applicable to such Shares and the conditions
upon which a Vesting Date shall occur; and