Comcast 2012 Annual Report Download - page 160

ARTICLE 5 – BOOK ACCOUNTS
5.1. Deferred Compensation Account . A Deferred Compensation Account shall be established for each Outside Director, Director Emeritus
and Eligible Employee when such Outside Director, Director Emeritus or Eligible Employee becomes a Participant. Compensation deferred
pursuant to the Plan shall be credited to the Account on the date such Compensation would otherwise have been payable to the Participant.
5.2. Crediting of Income, Gains and Losses on Accounts .
(a) In General . Except as otherwise provided in this Section 5.2, the Administrator shall credit income, gains and losses with respect
to each Participant’s Account as if it were invested in the Income Fund.
(b) Investment Fund Elections . Except for amounts credited to the Accounts of Participants who are Outside Directors who have
elected to defer the receipt of Compensation payable in the form of Company Stock, all amounts credited to Participants’ Accounts shall be
credited with income, gains and losses as if it were invested in the Income Fund.
(c) Outside Director Stock Fund Credits . Amounts credited to the Accounts of Outside Directors in the form of Company Stock shall
be credited with income, gains and losses as if they were invested in the Company Stock Fund. No portion of such Participant’s Account may be
deemed transferred to the Income Fund. Distributions of amounts credited to the Company Stock Fund with respect to Outside Directors’
Accounts shall be distributable in the form of Company Stock, rounded to the nearest whole share.
(d) Timing of Credits . Compensation deferred pursuant to the Plan shall be deemed invested in the Income Fund on the date such
Compensation would otherwise have been payable to the Participant, provided that if (i) Compensation would otherwise have been payable to a
Participant on a Company payroll date that falls within five days of the end of a calendar month, and (ii) based on the Administrator’s regular
administrative practices, it is not administratively practicable for the Administrator to transmit the deferred amount of such Compensation to the
Plan’s recordkeeper on or before the last day of the month, such deferred
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