Comcast 2013 Annual Report Download - page 198

under the Plan, and subject to outstanding Options, and to the option prices and the amounts payable pursuant to any Cash Rights. Any reference
to the option price in the Plan and in option documents shall be a reference to the option price as so adjusted. Any reference to the term “Shares”
in the Plan and in option documents shall be a reference to the appropriate number and class of shares of stock available for issuance under the
Plan, as adjusted pursuant to this Paragraph 10. The Board’s adjustment shall be effective and binding for all purposes of this Plan.
(a) The Sponsor shall give Optionees at least thirty (30) days’ notice (or, if not practicable, such shorter notice as may be reasonably
practicable) prior to the anticipated date of the consummation of a Terminating Event. Upon receipt of such notice, and for a period of ten
(10) days thereafter (or such shorter period as the Board shall reasonably determine and so notify the Optionees), each Optionee shall be
permitted to exercise the Option to the extent the Option is then exercisable; provided that , the Sponsor may, by similar notice, require the
Optionee to exercise the Option, to the extent the Option is then exercisable, or to forfeit the Option (or portion thereof, as applicable). The
Committee may, in its discretion, provide that upon the Optionee’s receipt of the notice of a Terminating Event under this Paragraph 11(a), the
entire number of Shares covered by Options shall become immediately exercisable.
(b) Notwithstanding Paragraph 11(a), in the event the Terminating Event is not consummated, the Option shall be deemed not to have been
exercised and shall be exercisable thereafter to the extent it would have been exercisable if no such notice had been given.
The Committee shall have the power to interpret the Plan and to make and amend rules for putting it into effect and administering it. It is
intended that the Incentive Stock Options granted under the Plan shall constitute incentive stock options within the meaning of section 422 of the
Code, and that Shares transferred pursuant to the exercise of Non-Qualified Options shall constitute property subject to federal income tax
pursuant to the provisions of section 83 of the Code. The provisions of the Plan shall be interpreted and applied insofar as possible to carry out
such intent.
(a) In General . The Board or the Committee may amend the Plan from time to time in such manner as it may deem advisable.
Nevertheless, neither the Board nor the Committee may, without obtaining approval within twelve months before or after such action by such
vote of the Sponsor’s shareholders as may be required by Pennsylvania law for any action requiring shareholder approval, or by a majority of
votes cast at a duly held shareholders’ meeting at which a majority of all voting stock is present and voting on such amendment, either in person
or in proxy (but not, in any event, less than the vote
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11. TERMINATING EVENTS
12.
INTERPRETATION
13. AMENDMENTS