Comcast 2010 Annual Report Download - page 308

Subsidiary would have been able to acquire such interest pursuant to such right; provided , however
, that Comcast shall indemnify the Company
and GE for any losses, claims, damages or liabilities arising out of or in connection with such arrangement. Notwithstanding anything to the
contrary herein, no such assignment or arrangement shall be deemed to be a Related Party Transaction, and the provisions of Section 10.02 shall
not apply to any such assignment or arrangement.
(b) For the avoidance of doubt, if Comcast or any of its Affiliates purchases an interest in the Weather Channel Business pursuant to
Section 10.07(a), then, subject to the applicable provisions of the Weather Channel Stockholders Agreement, Comcast or such Affiliate may
exercise any right relating to or in connection with its ownership of such interest in the Weather Channel Business in its sole discretion and
without regard to any interest of the Company or any other Person therein and no such exercise of any such right shall be subject to the
provisions of Section 10.02.
ARTICLE 11
F
INANCIAL R EPORTING
Section 11.01. Annual Financial Information . (a) The Company agrees that, so long as any member of the GE Group meets the Equity
Method Threshold at any time during any fiscal year, the Company shall deliver to GE:
(i) within eight calendar days following the conclusion of such fiscal year, the estimated consolidated net income of the Company
and updated Agreed Adjustments, if applicable, for such fiscal year;
(ii) in accordance with the timeframe established by Comcast to satisfy its reporting requirements, but in no event later than seven
Business Days following the conclusion of such fiscal year, the Corporate Reporting Data and updated Agreed Adjustments, if applicable,
for such fiscal year, subject to adjustment, if any, pursuant to Section 11.01(b)(ii);
(iii) within five Business Days prior to the day the Company completes its audited annual consolidated financial statements (the “
Audited Financial Statements ”), and, in any event, prior to the issuance of the Company’s audit opinion by the Company Auditors (the “
Audit Opinion ”), a draft of the final form of the Audited Financial Statements and a draft of the final form of the Audit Opinion; and
(iv) upon completion of the Audited Financial Statements and the Audit Opinion, a copy of such Audited Financial Statements and
the manually signed Audit Opinion.
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