Comcast 2014 Annual Report Download - page 256

“ Employment Commencement Date ” means, for any Employee, the date on which he is first entitled to be credited with an “
Hour of
Service” described in Paragraph (a)(1) of the definition of Hour of Service in this Article.
“ Entry Date ” means the first day of any calendar month.
“ ERISA ” means the Employee Retirement Income Security Act of 1974, as amended.
“ Fund ” means the fund established for this Plan, administered under the Trust Agreement, out of which benefits payable under this
Plan shall be paid.
“ Highly Compensated Early Entry Eligible Employee ” means an Early Entry Eligible Employee who is (or is treated as) a Highly
Compensated Employee.
“ Highly Compensated Employee ” means an Employee who:
(a) was a five-percent owner, as defined in section 416(i) of the Code at any time during the Plan Year or preceding
Plan Year; or
(b) for the preceding Plan Year received more than $115,000 (as indexed) in Compensation from a Participating
Company or an Affiliated Company.
“ Hour of Service ” means, for any Employee, a credit awarded with respect to:
(a) except as provided in (b),
(1) each hour for which he is directly or indirectly paid or entitled to payment by a Participating Company or an
Affiliated Company for the performance of employment duties; or
(2) each hour for which he is entitled, either by award or agreement, to back pay from a Participating Company or
an Affiliated Company, irrespective of mitigation of damages; or
(3) each hour for which he is directly or indirectly paid or entitled to payment by a Participating Company or an
Affiliated Company on account of a period of time during which no duties are performed due to vacation, holiday, illness, incapacity (including
disability), jury duty, layoff, leave of absence, or military duty.
(b) Anything to the contrary in subsection (a) notwithstanding:
(1) No Hours of Service shall be credited to an Employee for any period merely because, during such period,
payments are made or due him under a plan maintained solely for the purpose of complying with applicable workers’ compensation,
unemployment compensation, or disability insurance laws.
-
13
-