Comcast 2014 Annual Report Download - page 300

administrator, insurer or other fiduciary where such person has been appointed by the Committee to make such determinations. In such case,
such other person shall have the duties and powers as the Committee as set forth above, including the complete discretion to interpret and
construe the provisions of the Plan.
Section 10.3. Functioning of Committee .
10.3.1. The Committee shall meet on a periodic, as-needed basis and shall enact such rules and regulations as it may deem necessary
and proper to carry out its responsibilities. The Committee shall periodically report to the EVP concerning the discharge of its responsibilities.
10.3.2. The EVP shall designate one member, which may be the EVP, to be the Chairperson. The Chairperson shall be responsible
for conducting Committee meetings. The Committee will keep regular records of all meetings and decisions. Any act which the Plan authorizes
or requires the Committee to do may be done by a vote of those persons serving as members of the Committee at a meeting at which a quorum is
present or recorded in writing without a meeting. A quorum for the transaction of business at any meeting of the Committee shall consist of a
majority of the members of the Committee then in office. Actions at a meeting of the Committee at which a quorum is present shall be taken by a
majority of those members in attendance. The Committee may act in writing without a meeting provided such action has the written concurrence
of a majority of the members of the Committee then serving. It shall have the same effect for all purposes as if assented to by all of the members
in office at that time.
Section 10.4. Allocation and Delegation of Duties . The Committee shall have the authority to:
10.4.1. allocate, from time-to- time, by a written instrument filed in its records, all or any part of its responsibilities under the Plan to
one or more of its members, including a subcommittee, as may be deemed advisable, and in the same manner to revoke such allocation of
responsibilities. In the exercise of such allocated responsibilities, any action of the member or subcommittee to whom responsibilities are
allocated shall have the same force and effect for all purposes hereunder as if such action had been taken by the Committee. The Committee shall
not be liable for any acts or omissions of such member or subcommittee. The member or subcommittee to whom responsibilities have been
allocated shall periodically report to the Committee concerning the discharge of the allocated responsibilities.
10.4.2. delegate, from time-to-time, by a written instrument filed in its records, all or any part of its responsibilities under the Plan to
such person or persons as the Committee may deem advisable (and may authorize such person to delegate such responsibilities to such other
person or persons as the Committee shall authorize) and in the same manner to revoke any such delegation of responsibilities. Any action of the
delegate in the exercise of such delegated responsibilities shall have the same force and effect for all purposes hereunder as if such action had
been taken by the Committee. The Committee shall not be liable for any acts or omissions of any such delegate. The delegate shall periodically
report to Committee concerning the discharge of the delegated responsibilities.
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