Comcast 2013 Annual Report Download - page 220

or initial installment payment would otherwise be made. The number of Subsequent Elections under this Section 3.5(b) shall be determined by
the Committee in its sole and absolute discretion.
(c) Surviving Spouses – Subsequent Election . A Surviving Spouse who is a Deceased Participant’s Beneficiary may elect to defer
the time of payment of any part or all of such Deceased Participant’s Account the payment of which would be made more than 12 months after
the date of such election. Such election shall be made by filing a Subsequent Election with the Administrator in which the Surviving Spouse
shall specify the change in the time of payment, which shall be no less than five (5) years nor more than ten (10) years from the previously-
elected payment date, or such Surviving Spouse may elect to defer payment until such Surviving Spouse’s death. A Surviving Spouse may make
a total of two (2) Subsequent Elections under this Section 3.5(c), with respect to all or any part of the Deceased Participant’s Account.
Subsequent Elections pursuant to this Section 3.5(c) may specify different changes with respect to different parts of the Deceased Participant’s
Account.
(d) Beneficiary of a Deceased Participant Other Than a Surviving Spouse – Subsequent Election . A Beneficiary of a Deceased
Participant other than a Surviving Spouse may elect to defer the time of payment, of any part or all of such Deceased Participant’s Account the
payment of which would be made more than 12 months after the date of such election. Such election shall be made by filing a Subsequent
Election with the Administrator in which the Beneficiary shall specify the deferral of the time of payment, which shall be no less than five
(5) years nor more than ten (10) years from the previously-elected payment date. A Beneficiary may make one (1) Subsequent Election under
this Section 3.5(d), with respect to all or any part of the Deceased Participant’s Account. Subsequent Elections pursuant to this Section 3.5(d)
may specify different changes with respect to different parts of the Deceased Participant’s Account.
(e) Retired Participants and Disabled Participants . The Committee may, in its sole and absolute discretion, permit a Retired
Participant or a Disabled Participant to make a Subsequent Election to defer the time of payment of any part or all of such Retired or Disabled
Participant’s Account that would not otherwise become payable within twelve (12) months of such Subsequent Election for a minimum of five
(5) years and a maximum of ten (10) additional years from the previously-elected payment date, by filing a Subsequent Election with the
Administrator on or before the close of business on the date that is at least twelve (12) months before the date on which the lump-sum
distribution or initial installment payment would otherwise be made. The number of Subsequent Elections under this Section 3.5(f) shall be
determined by the Committee in its sole and absolute discretion.
(f) Most Recently Filed Initial Election or Subsequent Election Controlling . Except as otherwise specifically provided by the Plan,
no distribution of the amounts deferred by a Participant for any calendar year shall be made before the payment date designated by the
Participant or Beneficiary on the most recently filed Initial Election or Subsequent Election with respect to each deferred amount.
3.6. Discretion to Provide for Distribution in Full Upon or Following a Change of Control . To the extent permitted by Section 409A, in
connection with a Change of Control, and
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