Comcast 2013 Annual Report Download - page 215

2.38. “ Participant ” means each individual who has made an Initial Election, or for whom an Account is established pursuant to
Section 5.1, and who has an undistributed amount credited to an Account under the Plan, including an Active Participant, a Deceased Participant
and an Inactive Participant.
2.39. “ Participating Company ” means the Company and each Affiliate of the Company designated by the Administrator in which the
Company owns, directly or indirectly, 50 percent or more of the voting interests or value. Notwithstanding the foregoing, the Administrator may
delegate its authority to designate an eligible Affiliate as a Participating Company under this Section 2.39 to an officer of the Company or
committee of two or more officers of the Company.
2.40. “ Performance-Based Compensation ” means “Performance-Based Compensation” within the meaning of Section 409A.
2.41. “ Performance Period ” means a period of at least 12 months during which a Participant may earn Performance-
Based Compensation.
2.42. “ Person ” means an individual, a corporation, a partnership, an association, a trust or any other entity or organization.
2.43. “ Plan ” means the Comcast Corporation 2005 Deferred Compensation Plan, as set forth herein, and as amended from time to time.
2.44. “ Plan Year ” means the calendar year.
2.45. “ Prime Rate ” means, for any calendar year, the interest rate that, when compounded daily pursuant to rules established by the
Administrator from time to time, is mathematically equivalent to the prime rate of interest (compounded annually) as published in the Eastern
Edition of The Wall Street Journal on the last business day preceding the first day of such calendar year, and as adjusted as of the last business
day preceding the first day of each calendar year beginning thereafter.
2.46. “ Prior Plan ” means the Comcast Corporation 2002 Deferred Compensation Plan.
2.47. “ Protected Account Balance ” means:
(a) The amount credited to the Account of an Eligible Comcast Employee, an Outside Director or a Director Emeritus pursuant to
Initial Elections and Subsequent Elections with respect to Compensation earned before January 1, 2014 or pursuant to Company Credits
described in Section 3.8 that are credited before January 1, 2014, including interest credits attributable to such amount.
(b) The portion of an Eligible Comcast Employee’s Account attributable to Company Credits described in Section 3.8 that are made
pursuant to an employment agreement entered into on or before December 31, 2013, including interest credits attributable to such amount.
-
13
-