Comcast 2012 Annual Report Download - page 204

5.9.2. Payment of death benefits payable under Section 5.3 shall commence as soon as practicable following the death of the
Participant.
Section 5.10. Explanations to Participants
. The Committee shall provide to each Participant no less than 30 days and no more than 180 days
before his Benefit Commencement Date a written explanation of:
5.10.1. the terms and conditions of each optional mode of payment, including information explaining the relative values of
each mode of benefit, in accordance with applicable governmental regulations under section 401(a)(11) of the Code;
5.10.2. the Participant’s right to elect an optional mode of payment and the effect of such an election;
5.10.3. the rights of the Participant’s spouse with respect to the Participant’
s election of certain optional modes of payment; and
5.10.4. the Participant’s right to revoke an election to receive an optional mode of payment and the effect of such revocation.
Section 5.11. Beneficiary Designation .
5.11.1. Except as provided in this Section 5.11, a Participant may designate the beneficiary or beneficiaries who shall receive,
on or after his death, his interest in the Fund, provided that the designation of a beneficiary under a joint and survivor annuity shall be fixed and
may not be changed on or after the date on which benefit payments commence. Such designation shall be made by executing and filing with the
Committee a written instrument in such form as may be prescribed by the Committee for that purpose. Except as provided in this Section 5.11, the
Participant may also revoke or change, at any time and from time to time, any beneficiary designations previously made. Such revocations and/or
changes shall be made by executing and filing with the Committee a written instrument in such form as may be prescribed by the Committee for
that purpose. If a Participant names a trust as beneficiary, a change in the identity of the trustees or in the instrument governing such trust shall not
be deemed a change in beneficiary.
5.11.2. No designation, revocation, or change of beneficiaries shall be valid and effective unless and until filed with the
Committee.
5.11.3. A Participant who does not establish to the satisfaction of the Committee that he has no spouse may not designate
someone other than his spouse to be his beneficiary under Section 5.3 unless:
(a) (1) such spouse (or the spouse’s legal guardian if the spouse is legally incompetent) executes a written instrument
whereby such spouse consents not to receive such benefit and consents either:
(i) to the specific beneficiary or beneficiaries designated by the Participant; or
(ii) to the Participant’s right to designate any beneficiary without further consent by the spouse;
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