Comcast 2014 Annual Report Download - page 233

(l) Grantees’ Status as General Creditors . A Grantee’s right to delivery of Shares subject to an Election under this Paragraph 8, or to
amounts deemed invested in the Income Fund pursuant to a Diversification Election, shall at all times represent the general obligation of the
Company. The Grantee shall be a general creditor of the Company with respect to this obligation, and shall not have a secured or preferred
position with respect to such obligation. Nothing contained in the Plan or an Award shall be deemed to create an escrow, trust, custodial account
or fiduciary relationship of any kind. Nothing contained in the Plan or an Award shall be construed to eliminate any priority or preferred position
of a Grantee in a bankruptcy matter with respect to claims for wages.
(m) Non-Assignability, Etc . The right of a Grantee to receive Shares subject to an Election under this Paragraph 8, or to amounts deemed
invested in the Income Fund pursuant to a Diversification Election, shall not be subject in any manner to attachment or other legal process for the
debts of such Grantee; and no right to receive Shares or cash payments hereunder shall be subject to anticipation, alienation, sale, transfer,
assignment or encumbrance.
(n) Required Suspension of Payment of Benefits . Notwithstanding any provision of the Plan or any Grantee’s election as to the date or
time of payment of any benefit payable under the Plan, To the extent compliance with the requirements of Treas. Reg. § 1.409A-3(i)(2) (or any
successor provision) is necessary to avoid the application of an additional tax under Section 409A to payments due to the Grantee upon or
following his separation from service, then notwithstanding any other provision of this Plan, any such payments that are otherwise due within six
months following the Grantee’s separation from service will be deferred and paid to the Grantee in a lump sum immediately following that six
month period.
(a) Securities Laws . The Committee shall have the power to make each grant of Awards under the Plan subject to such conditions as it
deems necessary or appropriate to comply with the then-existing requirements of the 1933 Act and the 1934 Act, including Rule 16b-3. Such
conditions may include the delivery by the Grantee of an investment representation to the Company in connection with a Vesting Date occurring
with respect to Shares subject to an Award, or the execution of an agreement by the Grantee to refrain from selling or otherwise disposing of the
Shares acquired for a specified period of time or on specified terms.
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2002 Deferred Compensation Plan, plus (z) the value of the Eligible Employee’s Account in this Plan to the extent such
Account is credited to the “Income Fund,” exceeds the “Contribution Limit” (as defined in the 2005 Deferred Compensation
Plan) with respect to such calendar year, determined as of September 30th immediately preceding such calendar year.
9.
SECURITIES LAWS; TAXES