Comcast 2013 Annual Report Download - page 268

(d) in the case of a Participant whose nonforfeitable interest in his Account exceeds $500, the Participant
may elect to withdraw such portion (which may be all) of his remaining account balance as he may designate from time to time, provided that if
the amount so designated by such Participant is less than his entire remaining balance, such amount shall be at least $500. The Participant may
elect this option up to four times each calendar year and may also elect a fifth and final distribution for such year pursuant to this Section 5.7.1
(d) of his entire remaining balance in his Account. Payment to the Participant of the designated amount shall be made in cash as soon as
practicable after the election.
5.7.2. If a Participant fails to make a valid election under this Section in accordance with the rules described in
Section 5.8, the value of his Account shall be distributed to him as a single sum payment.
Section 5.8. Rules for Election of Optional Mode of Retirement or Disability Benefit . A Participant may elect an optional mode of
payment under Section 5.7 by filing a notice with the Committee in accordance with Section 14.9. A Participant may elect an optional mode of
payment at any time during the period provided in Section 5.6.2.
Section 5.9. Death Benefits .
5.9.1. (a) A beneficiary entitled to benefits under Section 5.3 upon the death of a Participant prior to his Benefit
Commencement Date shall receive a single sum payment equal to the Participant’s nonforfeitable interest in his Account.
(b) If a Participant dies after his Benefit Commencement Date while in receipt of installment payments
described in Section 5.7.1(a), and before his entire nonforfeitable interest in his Account has been paid to him, his beneficiary may elect in
writing to have the remaining nonforfeitable interest in the Participant’s Account paid in accordance with either of the following modes of
payment:
(1) a single sum payment in cash, except that a beneficiary may elect to receive the portion of the
Account invested in Company Stock and/or Investment Stock in the form of shares; or
(2) approximately equal annual installments over the remainder of the period over which the
Participant had elected to receive installment payments (with such remainder to be determined in accordance with applicable regulations under
the Code); provided, however, that this form of payment shall not be available to a beneficiary that is not an individual. A beneficiary may elect
the mode of payment under this Section at any time prior to his Benefit Commencement Date. Such election shall be on a form prescribed by the
Committee. In the event that a beneficiary fails to make a valid election under this Section, the value of the Participant’s Account will be
distributed as a single sum payment.
5.9.2. Payment of death benefits payable under Section 5.3 shall commence as soon as practicable following the death
of the Participant.
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