Comcast 2014 Annual Report Download - page 189

(b) Each employee of Comcast Spectacor, provided that such employee (i) has been designated as an Eligible Comcast Spectacor
Employee by the Administrator or its delegate and (ii) has an Annual Rate of Pay of $350,000 or more as of both (x) the date on which an Initial
Election is filed with the Administrator and (y) the first day of the calendar year in which such Initial Election is filed.
2.27. “ Eligible Employee ” means:
(a) Each Eligible Comcast Employee;
(b) Each Eligible NBCU Employee; and
(c) Each other employee of a Participating Company who is designated by the Administrator, in its discretion, as an Eligible
Employee.
2.28. “ Eligible NBCU Employee ” means an employee of NBCUniversal described in Section 2.28(a) through 2.28(e) below, provided
that, in each case, except as otherwise designated by the Administrator, such individual’s Compensation is administered under NBCUniversal’s
common payroll system.
(a) Each employee of NBCUniversal who has been designated as a member of NBCUniversal’s Operating Committee by the Chief
Executive Officer of NBCUniversal and approved by the Administrator, other than an employee who is described in Section 2.25.
(b) Each employee of NBCUniversal, other than an employee who is described in Section 2.25, who, for the 2013 Plan Year:
(i) Is not a member of NBCUniversal’s Operating Committee;
(ii) Transferred employment directly from the Company to NBCUniversal in 2011 or 2012;
(iii) Was an Eligible Employee under the rules of the Plan as in effect immediately before transferring employment from the
Company to NBCUniversal;
(iv) Elected to waive the opportunity to continue to be an Eligible Employee following the transfer of employment directly
from the Company to NBCUniversal;
(v) Has an Annual Rate of Pay of $200,000 or more as of both (iii) the date on which an Initial Election is filed with the
Administrator for the 2013 Plan Year and (iv) January 1, 2013; and
(vi) Files an Initial Election with the Administrator for the 2013 Plan Year.
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