Comcast 2014 Annual Report Download - page 275

ARTICLE V
DISTRIBUTION
Section 5.1. General . The interest of each Participant in the Fund shall be distributed in the manner, in the amount, and at the time
provided in this Article, except as provided in Article VIII and except in the event of the termination of the Plan. The provisions of this Article
shall be construed in accordance with section 401(a)(9) of the Code and regulations thereunder, including the incidental death benefit
requirements of section 401(a)(9)(G) of the Code.
Section 5.2. Separation from Service . A Participant who incurs a Severance from Service Date for reasons other than death or Total
Disability shall have his nonforfeitable interest in his Account paid to him or applied for his benefit in accordance with the provisions of this
Article.
Section 5.3. Death . If a Participant dies before his Benefit Commencement Date, or if the Participant dies after his Benefit
Commencement Date and before his entire nonforfeitable interest in his Account has been paid to him, his remaining nonforfeitable interest in
his Account shall be paid to, or applied for the benefit of, his beneficiary in accordance with the provisions of this Article. In the case of a
Participant who dies on or after January 1, 2007 while performing Qualified Military Service (as defined in Code §414(u)), the survivors of such
Participant shall be entitled to any benefit, including but not limited to any acceleration of vesting, that would be provided under the Plan had the
Participant resumed employment with his employer and then terminated employment on account of his death.
Section 5.4. Total Disability . If a Participant who is an Employee suffers a Total Disability and has a Severance from Service Date due to
his Total Disability, his Account shall be paid to him or applied for his benefit in accordance with the provisions of this Article following the
determination of his Total Disability and his Severance from Service Date.
Section 5.5. Valuation for Distribution . For the purposes of paying the amounts to be distributed to a Participant or his beneficiaries under
the provisions of this Article, the value of the Fund and the amount of the Participant’s nonforfeitable interest shall be determined in accordance
with the provisions of Article IV as of the Valuation Date coincident with or immediately preceding the date of any payment under this Article.
Such amount shall be adjusted to take into account any additional contributions which have been or are to be allocated to the Participant’s
Account since that Valuation Date, and any distributions or withdrawals made since that date.
Section 5.6. Timing of Distribution . Any Participant who has a Severance from Service Date for any reason other than death shall be
entitled to receive his nonforfeitable interest in his Account, pursuant to the following rules:
5.6.1. If the Participant’
s nonforfeitable interest in his Account exceeds $5,000, his Benefit Commencement Date shall be the earliest
practicable date following the Valuation Date coincident with or next following 30 days after his Severance from Service Date, except that, if the
Participant does not consent to such distribution, distribution of his benefits shall commence on any later date elected by the Participant, that is
not later than his Required
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