Comcast 2009 Annual Report Download - page 186

Exhibit 10.9
COMCAST CORPORATION
2006 CASH BONUS PLAN
(Amended and Restated, Effective October 27, 2009)
Comcast Corporation, a Pennsylvania corporation, hereby amends and restates the Comcast Corporation 2006 Cash Bonus Plan (the
“Plan”), effective as of October 27, 2009. The Plan was originally adopted effective January 1, 2006. The Plan is the successor to the Comcast
Corporation 2002 Cash Bonus Plan (the “2002 CB Plan”), the Comcast Corporation 2002 Executive Cash Bonus Plan (the “Executive Plan”),
the Comcast Corporation 2002 Supplemental Cash Bonus Plan (the “Supplemental Plan”) and the Comcast Corporation 2004 Management
Achievement Plan (the “MAP”). The purpose of the Plan is to provide management employees of Comcast Corporation (the “Company”) and
the Company’s Affiliates (as defined below) with an incentive to accomplish such business objectives as from time to time may be determined
by the Committee.
(a) “ Affiliate ” means, with respect to any Person, any other person that, directly or indirectly, is in control of, is controlled by, or is
under common control with, such Person. For purposes of this definition, the term “control,” including its correlative terms “controlled by” and
“under common control with,” mean, with respect to any Person, the possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise.
(b) “ Award ” means a cash bonus award granted under the Plan. An Award shall be expressed as the percentage of a Grantee’s base
salary payable for a Plan Year that shall become payable if the Targets established by the Committee are satisfied. The portion of an Award that
shall be payable to a Grantee shall be determined by the Committee in accordance with the rules established for the Award for each Plan Year.
(c) “ Board ” means the Board of Directors of the Company.
(d) “ Change of Control ” means any transaction or series of transactions as a result of which any Person who was a Third Party
immediately before such transaction or series of transactions owns then-outstanding securities of the Company such that such Person has the
ability to direct the management of the Company, as determined by the Board in its discretion. The Board may also determine that a Change of
Control shall occur upon the completion of one or more proposed transactions. The Board
’
s determination shall be final and binding.
1.
BACKGROUND AND PURPOSE
2.
DEFINITIONS