Comcast 2013 Annual Report Download - page 257

3.1.3. Catch-Up Contributions . Eligible Employees who have attained Age 50 before the close of any Plan Year shall
be eligible to make Catch-Up Contributions. Catch-Up Contributions shall be expressed as a percentage of Compensation between one percent
(1%) and thirty percent (30%) (rounded to the nearer half percentage (0.5%)). Catch-Up Contributions shall not be taken into account for
purposes of the provisions of the Plan implementing the required limitations of sections 402(g) and 415 of the Code. The Plan shall not be
treated as failing to satisfy the provisions of the Plan implementing the requirements of section 401(k)(3), 401(k)(11), 401(m)(12), 410(b) or 416
of the Code, as applicable, by reason of the making of such catch-up contributions. Catch-Up Contributions shall not be matched pursuant to
Section 3.5.
3.1.4. Roth Contributions . An Eligible Employee may elect, on a form prescribed by the Committee, to
contribute, in lieu of all or a portion of the Pre-Tax Contributions and/or Catch-Up Contributions the Participant is
otherwise eligible to make under the Plan, Roth Contributions and/or Roth Catch-Up Contributions to the Plan. Such
Roth Contributions and Roth Catch-Up Contributions shall be allocated to the Eligible Employee’s Roth Matched
Contribution Account, Roth Unmatched Contribution Account or Roth Catch-Up Contribution Account, as applicable.
Roth Contributions and Roth Catch-Up Contributions shall be: (a) irrevocably designated as such by the Eligible
Employee at the time of the election described in Sections 2.3 and 3.1.3 that is being made in lieu of all or a portion of
the Pre-Tax Contribution and/or Catch-Up Contributions the Eligible Employee is otherwise eligible to make under the
Plan; and (b) treated by the Participating Company as includible in the Eligible Employee’s income at the time the
Participant would have received that amount in cash if the Eligible Employee had not made an election described in
Sections 2.3 or 3.1.3 of the Plan. Unless specifically stated otherwise, Roth Contributions shall be treated as Pre-Tax
Contributions for all purposes of the Plan (including, without limitation, Matching Contributions under Section 3.5) and
Roth Catch-Up Contributions shall be treated as Catch-Up Contributions for all purposes of the Plan.
Section 3.2. After-Tax Contributions . With respect to Participants who are Covered Union Employees (Broadband), the total amount of
Pre-Tax Contributions and After-Tax Contributions credited to a Participant’s Account may not exceed 50% of the Participant’s Compensation.
Section 3.3. Change of Percentage Rate . A Participant may, without penalty, change the percentage of Compensation designated
(i) through his automatic enrollment in the Plan or (ii) by him as his contribution rate under Sections 3.1.1, 3.1.3, 3.1.4 and/or 3.2, as applicable,
to any percentage permitted by Sections 3.1.1, 3.1.3, 3.1.4 or 3.2, and such percentage shall remain in effect until so changed. Any such change
shall become effective as soon as administratively practicable following receipt of the change by the Committee.
Section 3.4. Discontinuance of Pre-Tax Contributions, Roth Contributions and After-Tax Contributions
. A Participant may discontinue his
Pre-Tax Contributions, Roth Contributions, Catch-Up Contributions, Roth Catch-Up Contributions or After-Tax Contributions at any time. Such
discontinuance shall become effective as soon as administratively practicable following receipt of the discontinuance by the Committee.
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