Comcast 2013 Annual Report Download - page 277

ARTICLE VII
ROLLOVER CONTRIBUTIONS
Section 7.1. Rollover Contributions .
7.1.1. Subject to the restrictions set forth in Section 7.1.2, a Covered Employee may transfer or have transferred directly
to the Fund, from any qualified retirement plan of a former employer, all or a portion of his interest in the distributing plan. In addition, a
Covered Employee who has established an individual retirement account to hold distributions received from qualified retirement plans of former
employers may transfer all of the assets of such individual retirement account to the Fund.
7.1.2. The Trustee shall not accept a distribution from any other qualified retirement plan or from an individual
retirement account unless the following conditions are met:
(a) (1) the distribution being transferred must come directly from the fiduciary of the plan of the former
employer, or
(2) it must come from the Covered Employee within 60 days after the Covered Employee receives a
distribution from such other qualified retirement plan or individual retirement account and must comply with the provisions of section 402(c),
403(a)(4), 408(d)(3) or 457(f)(16) of the Code, whichever applies;
(b) distributions from a plan for a self-employed person shall not be transferred to this Plan, unless the
transfer is directly to the Fund from the funding agent of the distributing plan;
(c) the interest being transferred shall not include assets from any plan to the extent that the Committee
determines that the transfer of such interest (i) would impose upon this Plan requirements as to form of distribution that would not otherwise
apply hereunder, or (ii) would otherwise result in the elimination of Code section 411(d)(6) protected benefits, or (iii) would cause the Plan to be
a direct or indirect transferee of a plan to which the joint and survivor annuity requirements of sections 401(a)(11) and 417 of the Code apply;
(d) the interest being transferred shall not contain nondeductible contributions made to the distributing plan
by the Covered Employee unless the transfer to the Fund is directly from the funding agent of the distributing plan; and
(e) subject to Section 7.3, the interest being transferred shall be in the form of cash.
Section 7.2. Vesting and Distribution of Rollover Account .
7.2.1. The distributions transferred by or for a Covered Employee from another qualified retirement plan or from an
individual retirement account shall be credited to the Covered Employee’s After-Tax Rollover Account, Roth Rollover Account and/or Taxable
Rollover Account, as applicable. A Covered Employee shall be fully vested at all times in his After-Tax Rollover Account, Roth Rollover
Account and Taxable Rollover Account.
7.2.2. A Covered Employee’s After-
Tax Rollover Account, Roth Rollover Account and Taxable Rollover Account shall
be distributed as otherwise provided under the Plan.
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