Comcast 2014 Annual Report Download - page 262

ARTICLE II
TRANSITION AND ELIGIBILITY TO PARTICIPATE
Section 2.1. Rights Affected and Preservation of Accrued Benefit . Except as provided to the contrary herein, the provisions of this
amended and restated Plan shall apply only to Employees who complete an Hour of Service on or after the Effective Date. The rights of any
other individual shall be governed by the Plan as in effect upon his Severance from Service Date, except to the extent expressly provided in any
amendment adopted subsequently thereto. Additional rules regarding service credit are set forth in Article XV.
Section 2.2. Eligibility to Participate .
2.2.1. Subject to Section 2.4, each Covered Employee as of the Restatement Date who was eligible to participate in the Plan
immediately prior to the Restatement Date shall, for all purposes of the Plan applicable to that Covered Employee, continue to be an Eligible
Employee as of the Effective Date.
2.2.2. Subject to Section 2.4, each Covered Employee who was not eligible to participate immediately prior to the Effective Date
shall, for all purposes of the Plan applicable to that Covered Employee, become an Eligible Employee on the Entry Date next following his
completion of a Period of Service of three months.
2.2.3. If an individual is not a Covered Employee on the Entry Date next following the date he meets the requirements of
Section 2.2.2, he shall become an Eligible Employee as of the first date thereafter on which he is a Covered Employee.
2.2.4. If a Covered Employee does not satisfy the requirements of Section 2.2.2 prior to incurring a Severance from Service Date, but
is rehired prior to incurring a One-Year Period of Severance, the prior Period of Service shall be considered for purposes of satisfying the
requirements of Section 2.2.2. If the Covered Employee incurs a One-Year Period of Severance, his prior Period of Service shall not be
considered upon a subsequent Reemployment Commencement Date.
2.2.5. An Eligible Employee who ceases to be a Covered Employee, due to incurring a Severance from Service Date or otherwise,
and who later becomes a Covered Employee, shall become an Eligible Employee as of the date on which he first again completes an Hour of
Service as a Covered Employee.
Section 2.3. Election to Make Pre-Tax Contributions .
2.3.1. Election to Make Pre-Tax Contributions . Each Eligible Employee may elect to make Pre-Tax Contributions or Roth
Contributions and become an Active Participant by filing a notice of such election with the Committee in accordance with Section 14.9. Such
notice shall authorize the Participating Company to reduce such Eligible Employee’s cash remuneration by an amount determined in accordance
with Section 3.1 and to make Pre-Tax Contributions or Roth Contributions on such Eligible Employee’s behalf in the amount of such reduction.
Such election shall be effective as soon as administratively practicable following receipt of his election by the Committee.
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