Comcast 2012 Annual Report Download - page 203

(c) in the case of a Participant who was a participant in the CCCHI Plan, a Participant may withdraw up to ninety-five
percent (95%) of his Account, in increments of not less than $500. A surviving beneficiary of such a Participant may also make withdrawal in
accordance with this Section 5.7.1(c).
(d) in the case of a Participant whose nonforfeitable interest in his Account exceeds $500, the Participant may elect to
withdraw such portion (which may be all) of his remaining account balance as he may designate from time to time, provided that if the amount so
designated by such Participant is less than his entire remaining balance, such amount shall be at least $500. The Participant may elect this option
up to four times each calendar year and may also elect a fifth and final distribution for such year pursuant to this Section 5.7.1(d) of his entire
remaining balance in his Account. Payment to the Participant of the designated amount shall be made in cash as soon as practicable after the
election.
5.7.2. If a Participant fails to make a valid election under this Section in accordance with the rules described in Section 5.8, the
value of his Account shall be distributed to him as a single sum payment.
Section 5.8. Rules for Election of Optional Mode of Retirement or Disability Benefit . A Participant may elect an optional mode of payment
under Section 5.7 by filing a notice with the Committee in accordance with Section 14.9. A Participant may elect an optional mode of payment at
any time during the period provided in Section 5.6.2.
Section 5.9. Death Benefits .
5.9.1.(a) A beneficiary entitled to benefits under Section 5.3 upon the death of a Participant prior to his Benefit
Commencement Date shall receive a single sum payment equal to the Participant’s nonforfeitable interest in his Account.
(b) If a Participant dies after his Benefit Commencement Date while in receipt of installment payments described in
Section 5.7.1(a), and before his entire nonforfeitable interest in his Account has been paid to him, his beneficiary may elect in writing to have the
remaining nonforfeitable interest in the Participant’s Account paid in accordance with either of the following modes of payment:
(1) a single sum payment in cash, except that a beneficiary may elect to receive the portion of the Account invested
in Company Stock and/or Investment Stock in the form of shares; or
(2) approximately equal annual installments over the remainder of the period over which the Participant had elected
to receive installment payments (with such remainder to be determined in accordance with applicable regulations under the Code); provided,
however, that this form of payment shall not be available to a beneficiary that is not an individual. A beneficiary may elect the mode of payment
under this Section at any time prior to his Benefit Commencement Date. Such election shall be on a form prescribed by the Committee. In the
event that a beneficiary fails to make a valid election under this Section, the value of the Participant’s Account will be distributed as a single sum
payment.
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