Comcast 2014 Annual Report Download - page 229

(d) Additional Elections . Notwithstanding anything in this Paragraph 8(d) to the contrary, no Subsequent Election shall be effective until
12 months after the date on which such Subsequent Election is made.
(e) Discretion to Provide for Distribution in Full Upon or Following a Change of Control . To the extent permitted by Section 409A, in
connection with a Change of Control, and for the 12-month period following a Change of Control, the Committee may exercise its discretion to
terminate the deferral provisions of the Plan and, notwithstanding any other provision of the Plan or the terms of any Initial Election or
Subsequent Election, distribute the Account of each Grantee in full and thereby effect the revocation of any outstanding Initial Elections or
Subsequent Elections.
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(i) Each Active Grantee who has previously made an Initial Election to receive a distribution of part or all of his or her Account,
or who, pursuant to this Paragraph 8(d)(i) has made a Subsequent Election to defer the distribution date for Shares issuable
with respect to Restricted Stock Units for an additional period from the originally-elected distribution date, may elect to defer
the distribution date for a minimum of five and a maximum of ten additional years from the previously-elected distribution
date, by filing a Subsequent Election with the Committee on or before the close of business at least one year before the date
on which the distribution would otherwise be made. Notwithstanding the foregoing, except as otherwise provided by the
Committee, an Active Grantee who is re-employed by a Participating Company following an employment termination date
may not make a Subsequent Election with respect to amounts subject to an Initial Election or a Subsequent Election that was
filed with the Committee before such employment termination date.
(ii) A Deceased Grantee’s Successor-in-Interest may elect to file a Subsequent Election to defer the distribution date for the
Deceased Grantee’s Shares issuable with respect to Restricted Stock Units for five additional years from the date payment
would otherwise be made. A Subsequent Election must be filed with the Committee at least one year before the date on which
the distribution would otherwise be made, as reflected on the Deceased Grantee
’
s last Election.
(iii) A Retired Grantee may elect to defer the distribution date of the Retired Grantee’s Shares issuable with respect to Restricted
Stock Units for five additional years from the date payment would otherwise be made. A Subsequent Election must be filed
with the Committee at least one year before the date on which the distribution would otherwise be made, as reflected on the
Retired Grantee
’
s last Election.