Comcast 2012 Annual Report Download - page 230

ARTICLE XI
THE FUND
Section 11.1. Designation of Trustee . The Committee shall name and designate a Trustee and shall enter into a Trust Agreement. The
Committee shall have the power to amend the Trust Agreement, remove the Trustee, and designate a successor Trustee, as provided in the Trust
Agreement. All of the assets of the Plan shall be held by the Trustee for use in accordance with the Plan.
Section 11.2. Exclusive Benefit
. Prior to the satisfaction of all liabilities under the Plan in the event of termination of the Plan, no part of the
corpus or income of the Fund shall be used for or diverted to purposes other than for the exclusive benefit of Participants and their beneficiaries
except as expressly provided in this Plan and in the Trust Agreement.
Section 11.3. No Interest in Fund . No person shall have any interest in or right to any part of the assets or income of the Fund, except to the
extent expressly provided in this Plan and in the Trust Agreement.
Section 11.4. Trustee . The Trustee shall be the named fiduciary with respect to management and control of Plan assets held by it and shall
have exclusive and sole responsibility for the custody and investment thereof in accordance with the Trust Agreement.
Section 11.5. Investments .
11.5.1. Except as provided in Section 11.5.5, the Trustee shall invest all contributions that are paid to it and income thereon in
such Investment Media as each Participant may select in accordance with this Section. The Investment Media made available to Participants shall
include Investment Media solely invested in Company Stock (except to the extent that cash or a cash equivalent is necessary to provide liquidity
to comply with Participant investment direction). Such investments acquired in the manner prescribed by the Plan shall be held by or for the
Trustee.
11.5.2. Except as provided in Sections 11.5.5 through 11.5.7, a Participant shall select one or more of the Investment Media in
which his Accounts shall be invested, and the percentage thereof that shall be invested in each Investment Medium selected. In the event a
Participant fails to make an election pursuant to this Section, amounts allocated to his Account shall be invested in such Investment Medium or
Investment Media as determined by the Committee. In the event a Participant fails to make an election pursuant to this Section with respect to
amounts allocated to his Account pursuant to his automatic enrollment in the Plan, such amounts allocated to his Account shall be invested in the
Investment Media as determined by the Committee. A Participant may amend such selection by prior notice to the Committee, effective as of such
dates determined by the Committee, by giving prior notice to the Committee. Such amendments will be subject to the other requirements which
may be imposed by the Committee or the applicable Investment Medium.
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