Comcast 2012 Annual Report Download - page 152

2.39. “ Performance-Based Compensation ” means “Performance-Based Compensation” within the meaning of Section 409A.
2.40. “ Performance Period ” means a period of at least 12 months during which a Participant may earn Performance-Based Compensation.
2.41. “ Person ” means an individual, a corporation, a partnership, an association, a trust or any other entity or organization.
2.42. “ Plan ” means the Comcast Corporation 2005 Deferred Compensation Plan, as set forth herein, and as amended from time to time.
2.43. “ Plan Year ” means the calendar year.
2.44. “ Prime Rate ” means, for any calendar year, the interest rate that, when compounded daily pursuant to rules established by the
Administrator from time to time, is mathematically equivalent to the prime rate of interest (compounded annually) as published in the Eastern
Edition of The Wall Street Journal
on the last business day preceding the first day of such calendar year, and as adjusted as of the last business day
preceding the first day of each calendar year beginning thereafter.
2.45. “ Prior Plan ” means the Comcast Corporation 2002 Deferred Compensation Plan.
2.46. “ Protected Account Balance ” means:
(a) The amount credited to the Account of an Eligible Comcast Employee, Outside Director or Director Emeritus pursuant to Initial
Elections and Subsequent Elections with respect to Compensation earned before January 1, 2014 or pursuant to Company Credits described in
Section 3.8 that are credited before January 1, 2014, including interest credits attributable to such amount.
(b) The portion of an Eligible Comcast Employee’s Account attributable to Company Credits described in Section 3.8 that are made
pursuant to an employment agreement entered into on or before December 31, 2013, including interest credits attributable to such amount.
(c) The amount credited pursuant to Initial Elections with respect to Compensation earned on and after January 1, 2014, if, as of the
September 30th immediately preceding the Plan Year to which the Initial Election applies, the sum of (i) an Eligible Comcast Employee’s
Account, plus (ii) such Eligible Comcast Employee’s Account in the Prior Plan, plus (iii) such Eligible Employee’s Account in the Comcast
Corporation 2002 Restricted Stock Plan (or any successor plan) to the extent such Account is credited to the “Income Fund,” does not exceed the
Participant’s highest total account balance as of the last day of any calendar quarter ending during the five-consecutive-year period ending
December 31, 2013, including interest credits attributable to such amount.
(d) The amount credited pursuant to Subsequent Elections filed after December 31, 2013 that are attributable to any portion of an
Eligible Comcast Employee’s Account described in this Section 2.46.
-
12
-