Comcast 2013 Annual Report Download - page 205

(B) For amounts credited to Accounts of Eligible NBCUniversal Employees on and after January 1, 2013 and for
amounts credited pursuant to Subsequent Elections filed after December 31, 2012 that are attributable to amounts credited to Accounts pursuant
to Initial Elections filed with respect to Compensation earned after December 31, 2012, the term “Applicable Interest Rate,” means the interest
rate that, when compounded daily pursuant to rules established by the Administrator from time to time, is mathematically equivalent to 9%
(0.09) per annum, compounded annually.
(b) Effective for the period beginning as soon as administratively practicable following a Participant’s employment
termination date to the date the Participant’s Account is distributed in full, the Administrator, in its sole discretion, may designate the term
“Applicable Interest Rate” for such Participant’s Account to mean the lesser of (i) the rate in effect under Section 2.6(a) or (ii) the Prime Rate
plus one percent. A Participant’s re-employment by a Participating Company following an employment termination date shall not affect the
Applicable Interest Rate that applies to the part of the Participant’s Account (including interest credited with respect to such part of the
Participant’s Account) that was credited before such employment termination date. Notwithstanding the foregoing, the Administrator may
delegate its authority to determine the Applicable Interest Rate under this Section 2.6(b) to an officer of the Company or committee of two or
more officers of the Company.
2.7. “ Beneficiary ” means such person or persons or legal entity or entities, including, but not limited to, an organization exempt from
federal income tax under section 501(c)(3) of the Code, designated by a Participant or Beneficiary to receive benefits pursuant to the terms of the
Plan after such Participant’s or Beneficiary’s death. If no Beneficiary is designated by the Participant or Beneficiary, or if no Beneficiary
survives the Participant or Beneficiary (as the case may be), the Participant’s Beneficiary shall be the Participant’s Surviving Spouse if the
Participant has a Surviving Spouse and otherwise the Participant’s estate, and the Beneficiary of a Beneficiary shall be the Beneficiary’s
Surviving Spouse if the Beneficiary has a Surviving Spouse and otherwise the Beneficiary’s estate.
2.8. “ Board ” means the Board of Directors of the Company.
2.9. “ Change of Control ” means any transaction or series of transactions that constitutes a change in the ownership or effective control or
a change in the ownership of a substantial portion of the assets of the Company, within the meaning of Section 409A.
2.10. “ Code ” means the Internal Revenue Code of 1986, as amended.
2.11. “ Committee ” means the Compensation Committee of the Board of Directors of the Company.
2.12. “ Company ” means Comcast Corporation, a Pennsylvania corporation, including any successor thereto by merger, consolidation,
acquisition of all or substantially all the assets thereof, or otherwise.
2.13. “ Company Stock ” means with respect to amounts credited to the Company Stock Fund pursuant to deferral elections by Outside
Directors or Directors Emeriti made
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