Comcast 2010 Annual Report Download - page 157

(j) Crediting of Income, Gains and Losses on Accounts . Except as otherwise provided in Paragraph 8(k), the value of a Grantee’s Account
as of any date shall be determined as if it were invested in the Company Stock Fund.
(k) Diversification Elections .
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(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.
(ii)
The Administrator may, with a Grantee
’
s consent, make such arrangements as it may deem appropriate to assume another
employer’s obligation to pay benefits with respect to such Grantee which have not become payable under the deferred
compensation plan, program or arrangement under which such future right to payment arose, to the Plan, or to assume a future
payment obligation of the Company or an Affiliate under another plan, program or arrangement sponsored by the Company or
an Affiliate. Upon the completion of the Plan’s assumption of such payment obligation, the Administrator shall establish an
Account for such Grantee, and the Account shall be subject to the rules of this Plan, as in effect from time to time.
(i) In General . A Diversification Election shall be available: (A) at any time that a Registration Statement filed under the 1933
Act (a “Registration Statement”) is effective with respect to the Plan; and (B) with respect to a Special Diversification
Election, if and to the extent that the opportunity to make such a Special Diversification Election has been approved by the
Committee or its delegate. No approval is required for a Diversification Election other than a Special Diversification Election.
(ii) Committee Approval of Special Diversification Elections
. The opportunity to make a Special Diversification Election and the
extent to which a Special Diversification Election applies to Deferred Stock Units credited to the Company Stock Fund may
be approved or rejected by the Committee or its delegate in its sole discretion. A Special Diversification Election shall only be
effective if (and to the extent) approved by the Committee or its delegate.