Comcast 2009 Annual Report Download - page 200
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(b) Terminating Events . The Company shall give Participants at least 30 days’ notice (or, if not practicable, such shorter notice as may be
reasonably practicable) prior to the anticipated date of the consummation of a Terminating Event. The 20th day following the issuance of such
notice by the Company (or such earlier date as the Board or the Committee may reasonably determine) shall constitute the Offering Termination
Date for any outstanding Offering.
(c) Fractional Shares and Minimum Number of Shares . Fractional Shares shall not be issued under the Plan. Amounts credited to an
Account remaining after the application of such Account to the purchase of Shares under the Plan shall be credited to the Participant’s Account
for the next succeeding Offering, or, at the Participant’s election, returned to the Participant as soon as practicable following the Offering
Termination Date, without interest.
(d) Transferability of Rights to Purchase Shares . No right to purchase Shares pursuant to the Plan shall be transferable other than by will
or by the laws of descent and distribution, and no such right to purchase Shares pursuant to the Plan shall be exercisable during the Participant’s
lifetime other than by the Participant.
(a) Account . Except as provided in Paragraph 7(c), no amounts shall be distributed from Participants’
Accounts during an Offering Period.
(b) Suspension of Participation . A Participant may discontinue Payroll Deductions during an Offering Period by providing a Termination
Form to the Committee at any time before the Offering Termination Date applicable to any Offering. All amounts credited to such Participant’s
Account shall be applied to the purchase of Shares pursuant to Paragraph 6. A Participant who discontinues Payroll Deductions during an
Offering Period shall not be eligible to participate in the Offering next following the date on which the Participant delivers the Termination Form
to the Committee.
(c) Termination of Employment . Upon termination of a Participant’s employment for any reason, all amounts credited to such
Participant’s Account shall be returned to the Participant, or, following the Participant’s death, to the Participant’s Successor-in-Interest.
No interest shall be paid or allowed with respect to Payroll Deductions paid into the Plan or credited to any Participant’s Account.
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6
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7.
Termination of Participation
.
8.
Interest
.