Comcast 2010 Annual Report Download - page 161

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The aggregate number of Shares and class of Shares as to which Awards may be granted and the number of Shares covered by each
outstanding Award shall be appropriately adjusted in the event of a stock dividend, stock split, recapitalization or other change in the number or
class of issued and outstanding equity securities of the Company resulting from a subdivision or consolidation of the Shares and/or other
outstanding equity security or a recapitalization or other capital adjustment (not including the issuance of Shares and/or other outstanding equity
securities on the conversion of other securities of the Company which are convertible into Shares and/or other outstanding equity securities)
affecting the Shares which is effected without receipt of consideration by the Company. The Committee shall have authority to determine the
adjustments to be made under this Paragraph 10 and any such determination by the Committee shall be final, binding and conclusive.
The Committee shall give Grantees at least thirty (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 Committee may, in its discretion, provide in such
notice that upon the consummation of such Terminating Event, any conditions to the occurrence of a Vesting Date with respect to an Award of
Restricted Stock or Restricted Stock Units (other than Restricted Stock or Restricted Stock Units that have previously been forfeited) shall be
eliminated, in full or in part. Further, the Committee may, in its discretion, provide in such notice that notwithstanding any other provision of the
Plan or the terms of any Election made pursuant to Paragraph 8, upon the consummation of a Terminating Event, Shares issuable with respect to
Restricted Stock or Restricted Stock Units subject to an Election made pursuant to Paragraph 8 shall be transferred to the Grantee, and all
amounts credited to the Income Fund shall be paid to the Grantee.
If an individual (hereinafter referred to as the “Applicant,” which reference shall include the legal representative, if any, of the individual)
does not receive timely payment of benefits to which the Applicant believes he is entitled under Paragraph 8 of the Plan, the Applicant may
make a claim for benefits in the manner hereinafter provided.
-
22
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Stock Units that may become subject to vesting under the terms of the Award on a basis pro rata to the Restricted Stock Units
that give rise to the employment tax liabilities. With respect to any Grantee under the Plan who is subject to the short-swing
profit recapture rules of section 16(b) of the 1934 Act, the requirement to withhold Shares pursuant to this Paragraph 9(c)(iii)
is intended to permit such Grantees to obtain the benefit of section 16(b)(3)(e) of the 1934 Act.
10.
CHANGES IN CAPITALIZATION
11.
TERMINATING EVENTS
12.
CLAIMS PROCEDURE