Comcast 2010 Annual Report Download - page 312

(iv) Company Operating Review
. The Company shall promptly deliver to GE any budget or forecasting reports or updates completed
in accordance with the internal financial reporting processes of Comcast (“ Budget and Forecasting Reports ”), together with any
adjustments to the Agreed Adjustments in connection therewith to the extent known by the Company at the time of delivery of the relevant
Budget and Forecasting Reports. The Company agrees to deliver Budget and Forecasting Reports on at least a quarterly basis.
(b) Fiscal Periods . The Company shall advise GE if, as of the Closing Date, any Contributed Comcast Subsidiary (as defined in the
Master Agreement) has a fiscal year which ends on a date other than December 31. Fiscal period ends shall be as determined by Comcast and
shall not be adjusted to reflect any differences between fiscal period ends of Comcast and GE. The Company shall use commercially reasonable
efforts to maintain a fiscal year which ends on December 31 and, so long as the Company is required to deliver any financial information
pursuant to Sections 11.01 and 11.02, shall provide prompt written notice to GE in the event of any change to the Company’s fiscal year end.
Section 11.04. GE Annual Statements . In connection with any GE Group member’s preparation of its audited annual financial statements
and its annual reports to shareholders (collectively the “ GE Annual Statements ”), during any fiscal year in which the members of the GE
Group meet the Equity Method Threshold, the Company agrees as follows:
(a) Coordination of Auditors’ Opinions . Notwithstanding any other provisions hereof, for so long as the Company qualifies as a
“significant investee” (as defined in Rule 3-09 of Regulation S-X under the Securities Act) of GE, (i) the Company will use its commercially
reasonable efforts to enable the Company Auditors to complete their audit and issue their opinion on the Audited Financial Statements in
sufficient time to enable GE to meet its timetable for the printing, filing and public dissemination of the GE Annual Statements, and (ii) the
Company and GE shall coordinate timing of their respective audits to allow for the aforementioned timely filing and communication of the GE
Annual Statements.
(b) Access to Audit Personnel and Working Papers . The Company will request the Company Auditors to make available to the GE
Auditors both the personnel who performed or are performing the annual audit of the Company and, consistent with customary professional
practice and courtesy of such auditors with respect to the furnishing of work papers, work papers related to the annual audit of the Company, in
all cases within a reasonable time after the Company Auditors’ opinion date, so that the GE Auditors are able to perform the procedures they
consider necessary as it relates to the GE Auditors’ report on the GE Annual Statements.
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