Comcast 2013 Annual Report Download - page 281

(e) for Covered Union Employees (Broadband) only, payment for extensive home repairs or renovations
related to fire, natural disaster or other similar unforeseeable event; extraordinary legal expenses; or funeral expenses for members of immediate
family; or
(f) notwithstanding Section 8.2.3(e) above, effective June 1, 2006, payments for burial or funeral expenses
for the Participant’s deceased parent, Spouse, children or dependents (as defined in Code Section 152 without regard to Code Section 152(d)(1)
(B)) or effective January 1, 2010, the Participant’s primary beneficiary, and expenses for the repair of damage to a Participant’s principal
residence that would qualify for the casualty deduction under Code Section 165 without regard to whether the loss exceeds 10% of the
Participant’s adjusted gross income; or
(g) such other circumstances or events as may be prescribed by the Secretary of the Treasury or his or her
delegate.
Note that for purposes of this Section 8.2.3, “primary beneficiary” means an individual who is named as a beneficiary
under the Plan and has an unconditional right to all or a portion of the Participant’s account balance under the Plan upon the Participant’s death.
8.2.4. A withdrawal under Section 8.2.2(a) shall be deemed to be necessary if:
(a) the amount of the withdrawal does not exceed the amount of the Participant’s immediate and heavy
financial need, including any amounts necessary to pay any federal, state or local income taxes or penalties reasonably anticipated to result from
the withdrawal;
(b) the Participant has obtained all currently permissible distributions (other than hardship distributions)
and non-taxable loans, if any, under this and all other plans maintained by the Participating Company and all Affiliated Companies; and
(c) the Participant agrees in writing to be bound by the rules of Section 8.2.5.
8.2.5. If a Participant withdraws any amount from his Pre-Tax Matched Contribution Account, Pre-Tax Unmatched
Contribution Account, Catch-Up Contribution Account, Roth Catch-Up Contribution Account, Roth Matched Contribution Account or Roth
Unmatched Contribution Account pursuant to Section 8.2.1, or withdraws any elective deferrals under any other qualified retirement plan
maintained by the Participating Company or any Affiliated Company, which other plan conditions such withdrawal upon the Participant’s being
subject to rules similar to those stated in this Section 8.2.5 and Section 8.2.4, such Participant may not make Pre-Tax Contributions (and, in the
case of a Covered Union Employee (Broadband), After-Tax Contributions), Catch-Up Contributions, Roth Contributions or Roth Catch-Up
Contributions under this Plan or employee contributions (other than mandatory contributions under a defined benefit plan) or elective deferrals
under any other qualified or non-qualified plan of deferred compensation (which does not include any health or welfare plan,
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