Comcast 2010 Annual Report Download - page 212

NCC
– 60%; (E) National Digital Television Center, LLC and its subsidiaries – 100%; (F) Plaxo, Inc. – 100%; (G) thePlatform, Inc. and its
subsidiary – 97%; and (H) Vehix, Inc. – 100%; (IV) any changes in the ownership of the entities listed in clauses (II)(A), (C), (E), (G), (H) and
(J), provided no such interest shall exceed 25%; (V) any increase in the ownership of the entities listed in clauses (II)(B) and (I) and (III)(C),
(D) and (G); (VI) the ownership and operation of any assets acquired in accordance with Section 6.22; (VII) any Comcast De Minimis Business;
(VIII) acting as an affiliate of MyNetwork TV in the Ft. Myers/Naples, Florida area; (IX) the ownership and operation of websites relating to
Comcast Corporation ( e.g. , comcast.com, cmcsk.com and cmcsa.com); and (X) ownership of the following investments of Comcast Interactive
Capital, L.P. (Comcast’s internal venture capital arm); provided that the amount of any such investment shall not exceed 25%: Jingle Networks,
JiWire, Oberon Media and SB Nation.
“ Comcast Transfer Date ” means the earlier to occur of (x) the date of the closing of the First HoldCo Redemption Right, if exercised,
and (y) the fourth anniversary of the Closing Date; provided that if, as of the fourth anniversary of the Closing Date, the First HoldCo
Redemption Right has been exercised but not consummated, the “Comcast Transfer Date” shall be the earlier of (i) the date of the closing of the
First HoldCo Redemption Right and (ii) the date on which the First HoldCo Redemption Right is abandoned because any required Governmental
Approvals cannot be obtained or for any other reason.
“ Commission ” means the Securities and Exchange Commission or any other federal agency at the time administering the Securities Act.
“ Company Auditors ” means the independent certified public accountants of the Company, as may be engaged by the Company from
time to time.
“ Company Group ” means the Company, each Subsidiary of the Company immediately after the Closing and each other Person that is
controlled directly or indirectly by the Company immediately after the Closing.
“ Company Principal Businesses ” means: (i) the National Broadcast Network business; (ii) the local broadcast television business,
including locally programmed cable channels for areas serviced by NBC network television stations owned or operated by the Company or any
of its Subsidiaries (other than KNTV and WMAQ); (iii) the theme park and resort businesses; (iv) the video programming network business
(including RSNs) ( e.g. , USA, E!, etc.) (it being the parties intention that this clause (iv) include reference to a non-linear network (such as
FEARnet) which is intended to operate as a stand-alone programming network with a business plan to operate at a profit predicated principally
on obtaining distribution from multichannel video distribution providers including Comcast and others, but not include video-on-demand
programming (such as Select on Demand) which is intended to operate principally as part of Comcast’s and/or others’ multichannel video
business); (v) the production, sale and
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