Comcast 2013 Annual Report Download - page 185

(o) “ Fair Market Value .”
(p) “ Family Member ” has the meaning given to such term in General Instructions A.1(a)(5) to Form S-
8 under the Securities Act of 1933,
as amended, and any successor thereto.
(q) “ Incentive Stock Option ” means an Option granted under the Plan, designated by the Committee at the time of such grant as an
Incentive Stock Option within the meaning of section 422 of the Code and containing the terms specified herein for Incentive Stock Options;
provided, however , that to the extent an Option granted under the Plan and designated by the Committee at the time of grant as an Incentive
Stock Option fails to satisfy the requirements for an incentive stock option under section 422 of the Code for any reason, such Option shall be
treated as a Non-Qualified Option.
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(i) In General . If Shares are listed on a stock exchange, Fair Market Value shall be determined based on the last reported sale
price of a Share on the principal exchange on which Shares are listed on the date of determination, or if such date is not a
trading day, the next trading date. If Shares are not so listed, but trades of Shares are reported on the Nasdaq National Market,
Fair Market Value shall be determined based on the last quoted sale price of a Share on the Nasdaq National Market on the
date of determination, or if such date is not a trading day, the next trading date. If Shares are not so listed nor trades of Shares
so reported, Fair Market Value shall be determined by the Board or the Committee in good faith.
(ii) Option Exercise and Tax Withholding . For purposes of Paragraph 7(d) and Paragraph 15 (except to the extent that the
Optionee pays the full option price and all applicable withholding taxes in cash, by certified check or surrender or attestation
to ownership of Shares, as described in Paragraph 7(d)(i), (ii) and (iii), respectively) the fair market value of Shares applied to
pay the option price and the fair market value of Shares withheld to pay applicable tax liabilities shall be determined based on
the available price of Shares at the time the option exercise transaction is executed.