Comcast 2013 Annual Report Download - page 196

An Option subject to this Paragraph 7(h)(ii) shall be exercised via cashless exercise, such that subject to the other terms and
conditions of the Plan, following the date of exercise, the Company shall deliver to the Optionee Shares having a value, at the
time of exercise, equal to the excess, if any, of (A) the value of such Shares based on the last reported sale price of such
Shares on the principal exchange on which Shares are listed on the date of determination, or if such date is not a trading day,
the last preceding trading date, over (B) the sum of (1) the aggregate option price for such Shares, plus (2) the applicable tax
withholding amounts (as determined pursuant to Paragraph 15) for such exercise; provided that in connection with such
cashless exercise that would not result in the issuance of a whole number of Shares, the Company shall pay cash in lieu of any
fractional Share.
(i) Cash Rights . The Committee may, in its sole discretion, provide in an option document for an eligible Optionee that Cash Rights shall
be attached to Non-Qualified Options granted under the Plan. All Cash Rights that are attached to Non-Qualified Options shall be subject to the
following terms:
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(ii) Automatic Exercise . The provisions of this Paragraph 7(h)(ii) shall apply to any Option that is unexercised, in whole or in
part, on or after October 28, 2013. Immediately before the time at which any such Option is scheduled to expire in accordance
with the terms and conditions of the Plan and the applicable option document, such Option shall be deemed automatically
exercised, if such Option satisfies the following conditions:
(A) Such Option is covered by a then current registration statement or a Notification under Regulation A under the 1933
Act.
(B)
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 last preceding trading day, exceeds the option price per Share by such amount as
may be determined by the Committee or its delegate from time to time. Absent a contrary determination, such excess
per Share shall be $0.01.
(i)
Such Cash Right shall expire no later than the Non
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Qualified Option to which it is attached.
(ii) Such Cash Right shall provide for the cash payment of such amount per Share as shall be determined by the Committee and
stated in the option document.