Comcast 2012 Annual Report Download - page 254

for the benefit of such Participant for such Plan Year in an amount equal to the amount which, when added to the Matching Contributions made
pursuant to Section 3.2(a), would have been contributed had the Matching Contribution been based on the amount of the Participant’s annual Pre-
Tax Contributions and annual Compensation.
(c) Notwithstanding the forgoing, the maximum total Matching Contribution for any Plan Year shall be $10,000 for any
Participant who (i) is a Highly Compensated Employee and (ii) and is either (A) eligible to participate in the Comcast Corporation 2005 Deferred
Compensation Plan or (B) a Committee Member. For purposes of Sections 3.2(c) and 3.3 of this Exhibit B , a “Committee Member” means any
Employee who is a member of the group of senior management employees of the NBCUniversal and its subsidiaries who have been appointed as
members of the NBCUniversal Executive Committee, NBCUniversal Management Committee or NBCUniversal Operating Committee by the
Chief Executive Officer of NBCUniversal, LLC and whose membership has been approved by the EVP.
3.3. NBCU Retirement Contributions . With respect to each Plan Year, the Participating Companies will, subject to the limitations of
Section 3.9 of the Plan, contribute to the Fund for each Eligible Employee who is an Active Employee on the last day of the applicable Plan Year
an additional amount equal to least 3% of such Eligible Employee’s Compensation for that Plan Year. Notwithstanding the foregoing, no Eligible
Employee shall be eligible to receive an NBCU Retirement Contribution pursuant to this Section 3.3 if such Employee is either (i) eligible to
participate in the Comcast Corporation 2005 Deferred Compensation Plan or (B) a Committee Member.
For avoidance of doubt, the provisions of Sections 3.1.2, 3.3, 3.4, 3.6, 3.7, 3.8, 3.9, 3.10, 3.11 and 3.12 of the Plan shall apply to
Participants subject to this Exhibit B .
Section 4. Vesting . Each Participant shall become vested in that portion of his NBCU Retirement Contribution Account in accordance with
the following schedule:
Notwithstanding the foregoing, a Participant shall have a 100% nonforfeitable interest in his NBCU Retirement Contribution Account upon
his attainment of his Normal Retirement Date, his death or his Total Disability, provided the Participant is an Active Participant at the time of the
occurrence of such event. Amounts forfeited from a Participant’s NBCU Retirement Contribution Account under Section 6 of the Plan shall be
used to reduce future Matching Contributions and/or NBCU Retirement Contributions or to pay plan expenses. The remaining provisions of
Article VI of the Plan (to the extent not contradicted by this Exhibit B ) shall apply to Participants subject to this Exhibit B .
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83
-
Years of Service
Vested Percentage
Less than 2 years
0
%
2 years but less than 3 years
20
%
3 years but less than 4 years
40
%
4 years but less than 5 years
60
%
5 years but less than 6 years
80
%
6 years or more
100
%