Comcast 2010 Annual Report Download - page 146

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(ee) “ Income Fund ”
means a hypothetical investment fund pursuant to which an amount equal to the Fair Market Value of Deferred Stock
Units subject to a Diversification Election is credited as of the effective date of such Diversification Election and as to which interest is credited
thereafter until the date of distribution at the Applicable Interest Rate. In addition, the Income Fund shall also be deemed to hold dividend
equivalents and earnings on dividend equivalents credited to a Grantee’
s Account as described in Section 2(b) and Section 2(p). Notwithstanding
any other provision of the Plan to the contrary, for purposes of determining the time and form of payment of amounts credited to the Income
Fund, the rules of the Comcast Corporation 2005 Deferred Compensation Plan shall apply on the same basis as if such amounts were credited to
a participant’s account under such Deferred Compensation Plan.
(ff) “ Initial Election ” means a written election on a form provided by the Committee, pursuant to which a Grantee: (i) elects, within the
time or times specified in Paragraph 8(a), to defer the distribution date of Shares issuable with respect to Restricted Stock or Restricted Stock
Units; and (ii) designates the distribution date of such Shares.
(gg) “ New Key Employee ” means each employee of a Participating Company who: (i) becomes an employee of a Participating Company
and has an Annual Rate of Pay of $200,000 or more as of his employment commencement date; or (ii) has an Annual Rate of Pay that is
increased to $200,000 or more and who, immediately preceding such increase, was not a Deferral Eligible Employee.
(hh) “ Non-Employee Director ” means an individual who is a member of the Board, and who is not an employee of the Company,
including an individual who is a member of the Board and who previously was an employee of the Company.
(ii) “ Normal Retirement ” means a Grantee’s termination of employment that is treated by the Participating Company as a retirement
under its employment policies and practices as in effect from time to time.
(jj) “ Other Available Shares means, as of any date, the sum of:
-
7
-
(i)
The total number of Shares owned by a Grantee or such Grantee
s Family Member that were not acquired by such Grantee or
such Grantee’
s Family Member pursuant to a Comcast Plan or otherwise in connection with the performance of services to the
Company or an Affiliate; plus
(ii)
The excess, if any of:
(A) The total number of Shares owned by a Grantee or such Grantee’s Family Member other than the Shares described in
Paragraph 2(jj)(i); over