Comcast 2013 Annual Report Download - page 191

(a) Eligible individuals to whom Options may be granted shall be employees, officers or directors of a Company who are selected by the
Committee for the grant of Options. Eligible individuals to whom Cash Rights may be granted shall be individuals who are employees of a
Company on the Date of Grant other than Officers. The terms and conditions of Options granted to individuals other than Non-Employee
Directors shall be determined by the Committee, subject to Paragraph 7. The terms and conditions of Cash Rights shall be determined by the
Committee, subject to Paragraph 7. The terms and conditions of Options granted to Non-Employee Directors shall be determined by the Board,
subject to Paragraph 7.
(b) An Incentive Stock Option shall not be granted to a Ten Percent Shareholder except on such terms concerning the option price and term
as are provided in Paragraph 7(b) and 7(g) with respect to such a person. An Option designated as Incentive Stock Option granted to a Ten
Percent Shareholder but which does not comply with the requirements of the preceding sentence shall be treated as a Non-Qualified Option. An
Option designated as an Incentive Stock Option shall be treated as a Non-Qualified Option if the Optionee is not an employee of a Company on
the Date of Grant.
All Options granted to Optionees shall be evidenced by option documents. The terms of each such option document for any Optionee who
is an employee of a Company shall be determined from time to time by the Committee, and the terms of each such option document for any
Optionee who is a Non-Employee Director shall be determined from time to time by the Board, consistent, however, with the following:
(a) Time of Grant . All Options shall be granted on or before May 11, 2021.
(b) Option Price . Except as otherwise provided in Section 13(b), the option price per Share with respect to any Option shall be determined
by the Committee, provided, however
, that with respect to any Options, the option price per share shall not be less than 100% of the Fair Market
Value of such Share on the Date of Grant, and provided further that with respect to any Incentive Stock Options granted to a Ten Percent
Shareholder, the option price per Share shall not be less than 110% of the Fair Market Value of such Share on the Date of Grant.
(c) Restrictions on Transferability . No Option granted under this Paragraph 7 shall be transferable otherwise than by will or the laws of
descent and distribution and, during the lifetime of the Optionee, shall be exercisable only by him or for his benefit by his attorney-in-fact or
guardian; provided that the Committee may, in its discretion, at the
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6.
ELIGIBILITY
7.
OPTION DOCUMENTS AND TERMS
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IN GENERAL