Comcast 2014 Annual Report Download - page 217

Notwithstanding anything in this Paragraph 2(s) to the contrary, except as otherwise provided by the Committee or its delegate, no Grantee who
is an employee of NBCUniversal, LLC, a Delaware limited liability company, and its subsidiaries (collectively, “NBCUniversal”) shall be a
Deferral Eligible Employee with respect to any Award granted to such Grantee on or after January 29, 2011.
(t) “ Deferred Stock Units ” means the number of hypothetical Shares subject to an Election.
(u) “ Disability ” means:
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(B) An Eligible Employee whose Annual Rate of Pay is $125,000 as of each of: (x) June 30, 2002; (y) the date on which an
Initial Election is filed with the Committee; and (z) the first day of each calendar year beginning after December 31,
2002.
(C)
Each New Key Employee.
(D) Each other employee of a Participating Company who is designated by the Committee, in its sole and absolute
discretion, as a Deferral Eligible Employee.
(ii)
Effective on and after January 1, 2014:
(A) An Eligible Employee whose Annual Rate of Pay is $250,000 or more as of both: (x) the date on which an Initial
Election is filed with the Committee; and (y) the first day of the calendar year in which such Initial Election filed.
(B)
Each New Key Employee.
(C) Each other employee of a Participating Company who is designated by the Committee, in its sole and absolute
discretion, as a Deferral Eligible Employee.
(i) A Grantee’s substantial inability to perform Grantee’s employment duties due to partial or total disability or incapacity
resulting from a mental or physical illness, injury or other health-related cause for a period of 12 consecutive months or for a
cumulative period of 52 weeks in any two calendar year period; or
(ii) If different from the definition in Paragraph 2(u)(i) above, “Disability” as it may be defined in such Grantee’s employment
agreement between the Grantee and the Company or an Affiliate, if any.