Comcast 2009 Annual Report Download - page 177

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(h) Book Accounts . An Account shall be established for each Grantee who makes an Election. Deferred Stock Units shall be credited to
the Account as of the date an Election becomes effective. Each Deferred Stock Unit will represent, as applicable, either a hypothetical share of
Common Stock or a hypothetical share of Special Common Stock credited to the Account in lieu of delivery of the Shares to which the Election
applies. To the extent an Account is deemed invested in the Income Fund, the Committee shall credit earnings with respect to such Account at
the Applicable Interest Rate, as further provided in Paragraph 8(k).
(i) Plan-to-Plan Transfers . The Administrator may delegate its authority to arrange for plan-to-
plan transfers as described in this Paragraph
8(i) to an officer of the Company or committee of two or more officers of the Company.
-
17
-
(iii) To pay employment taxes to the extent permitted by Treasury Regulation section 1.409A-3(j)(4)(vi) (or any successor provision of
law).
(iv) In connection with the recognition of income as the result of a failure to comply with Section 409A, to the extent permitted by
Treasury Regulation section 1.409A
-
3(j)(4)(vii) (or any successor provision of law).
(v)
To pay state, local or foreign taxes to the extent permitted by Treasury Regulation section 1.409A
-
3(j)(4)(xi) (or any successor
provision of law).
(vi) In satisfaction of a debt of a Grantee to a Participating Company where such debt is incurred in the ordinary course of the service
relationship between the Grantee and the Participating Company, to the extent permitted by Treasury Regulation section 1.409A-3(j)
(4)(xiii) (or any successor provision of law).
(vii)
In connection with a bona fide dispute as to a Grantee
s right to payment, to the extent permitted by Treasury Regulation section
1.409A
-
3(j)(4)(xiv) (or any successor provision of law).
(i)
The Administrator may, with a Grantee
s consent, make such arrangements as it may deem appropriate to transfer the Company
s
obligation to pay benefits with respect to such Grantee which have not become payable under this Plan, to another employer, whether
through a deferred compensation plan, program or arrangement sponsored by such other employer or otherwise, or to another
deferred compensation plan, program or arrangement sponsored by the Company or an Affiliate. Following the completion of such
transfer, with respect to the benefit transferred, the Grantee shall have no further right to payment under this Plan.