Comcast 2014 Annual Report Download - page 215

rules established by the Committee from time to time, is mathematically equivalent to the Prime Rate plus one percent, compounded
annually as of the last day of the calendar year. A Grantee’s re-employment by a Participating Company following an employment
termination date shall not affect the Applicable Interest Rate that applies to the part of the Grantee’s Account (including interest
credited with respect to such part of the Grantee’s Account) that was credited before such employment termination date.
Notwithstanding the foregoing, the Committee may delegate its authority to determine the Applicable Interest Rate under this
Paragraph 2(f)(ii) to an officer of the Company or committee of two or more officers of the Company.
(g) “ AT&T Broadband Transaction ” means the acquisition of AT&T Broadband Corp. (now known as Comcast Cable Communications,
LLC) by the Company.
(h) “ Award ” means an award of Restricted Stock or Restricted Stock Units granted under the Plan.
(i) “ Board ” means the Board of Directors of the Company.
(j) “ Change of Control ” means:
(k) “ Code ” means the Internal Revenue Code of 1986, as amended.
(l) “ Comcast Plan ” means any restricted stock, restricted stock unit, stock bonus, stock option or other compensation plan, program or
arrangement established or maintained by the Company or an Affiliate, including but not limited to this Plan, the Comcast Corporation 2003
Stock Option Plan, the Comcast Corporation 2002 Stock Option Plan, the Comcast Corporation 1996 Stock Option Plan, Comcast Corporation
1987 Stock Option Plan and the Comcast Corporation 2002 Deferred Stock Option Plan.
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(i) For all purposes of the Plan other than Paragraph 8, any transaction or series of transactions as a result of which any Person
who was a Third Party immediately before such transaction or series of transactions owns then-outstanding securities of the
Company such that such Person has the ability to direct the management of the Company, as determined by the Board in its
discretion. The Board may also determine that a Change of Control shall occur upon the completion of one or more proposed
transactions. The Board
’
s determination shall be final and binding.
(ii) For purposes of Paragraph 8, any transaction or series of transactions that constitutes a change in the ownership or effective
control or a change in the ownership of a substantial portion of the assets of the Company, within the meaning of
Section 409A.