Comcast 2012 Annual Report Download - page 227

10.2.5. The Committee shall be deemed to have delegated its responsibilities for determining benefits and eligibility for benefits
to a third party administrator, insurer or other fiduciary where such person has been appointed by the Committee to make such
determinations. In such case, such other person shall have the duties and powers as the Committee as set forth above, including the
complete discretion to interpret and construe the provisions of the Plan.
Section 10.3. Functioning of Committee .
10.3.1. The Committee shall meet on a periodic, as-needed basis and shall enact such rules and regulations as it may deem
necessary and proper to carry out its responsibilities. The Committee shall periodically report to the EVP concerning the discharge of
its responsibilities.
10.3.2. The EVP shall designate one member, which may be the EVP, to be the Chairperson. The Chairperson shall be
responsible for conducting Committee meetings. The Committee will keep regular records of all meetings and decisions. Any act
which the Plan authorizes or requires the Committee to do may be done by a vote of those persons serving as members of the
Committee at a meeting at which a quorum is present or recorded in writing without a meeting. A quorum for the transaction of
business at any meeting of the Committee shall consist of a majority of the members of the Committee then in office. Actions at a
meeting of the Committee at which a quorum is present shall be taken by a majority of those members in attendance. The Committee
may act in writing without a meeting provided such action has the written concurrence of a majority of the members of the Committee
then serving. It shall have the same effect for all purposes as if assented to by all of the members in office at that time.
Section 10.4. Allocation and Delegation of Duties . The Committee shall have the authority to:
10.4.1. allocate, from time-to-time, by a written instrument filed in its records, all or any part of its responsibilities under the
Plan to one or more of its members, including a subcommittee, as may be deemed advisable, and in the same manner to revoke such
allocation of responsibilities. In the exercise of such allocated responsibilities, any action of the member or subcommittee to whom
responsibilities are allocated shall have the same force and effect for all purposes hereunder as if such action had been taken by the
Committee. The Committee shall not be liable for any acts or omissions of such member or subcommittee. The member or
subcommittee to whom responsibilities have been allocated shall periodically report to the Committee concerning the discharge of the
allocated responsibilities.
10.4.2. delegate, from time-to-time, by a written instrument filed in its records, all or any part of its responsibilities under the
Plan to such person or persons as the Committee may deem advisable (and may authorize such person to delegate such responsibilities
to such other person or persons as the Committee shall authorize) and in the
-
56
-