Comcast 2014 Annual Report Download - page 303

ARTICLE XI
THE FUND
Section 11.1. Designation of Trustee . The Committee shall name and designate a Trustee and shall enter into a Trust Agreement. The
Committee shall have the power to amend the Trust Agreement, remove the Trustee, and designate a successor Trustee, as provided in the Trust
Agreement. All of the assets of the Plan shall be held by the Trustee for use in accordance with the Plan.
Section 11.2. Exclusive Benefit . Prior to the satisfaction of all liabilities under the Plan in the event of termination of the Plan, no part of
the corpus or income of the Fund shall be used for or diverted to purposes other than for the exclusive benefit of Participants and their
beneficiaries except as expressly provided in this Plan and in the Trust Agreement.
Section 11.3. No Interest in Fund . No person shall have any interest in or right to any part of the assets or income of the Fund, except to
the extent expressly provided in this Plan and in the Trust Agreement.
Section 11.4. Trustee . Except as otherwise provided in Section 11.5.8, the Trustee shall be the named fiduciary with respect to
management and control of Plan assets held by it and shall have exclusive and sole responsibility for the custody and investment thereof in
accordance with the Trust Agreement.
Section 11.5. Investments .
11.5.1. Except as provided in Section 11.5.5, the Trustee shall invest all contributions that are paid to it and income thereon in such
Investment Media as each Participant may select in accordance with this Section. Prior to January 1, 2016, the Investment Media made available
to Participants shall include Investment Media solely invested in Company Stock (except to the extent that cash or a cash equivalent is necessary
to provide liquidity to comply with Participant investment direction). Such investments acquired in the manner prescribed by the Plan shall be
held by or for the Trustee.
11.5.2. Except as provided in Sections 11.5.5 through 11.5.8, a Participant shall select one or more of the Investment Media in which
his Accounts shall be invested, and the percentage thereof that shall be invested in each Investment Medium selected. In the event a Participant
fails to make an election pursuant to this Section, amounts allocated to his Account shall be invested in such Investment Medium or Investment
Media as determined by the Committee. In the event a Participant fails to make an election pursuant to this Section with respect to amounts
allocated to his Account pursuant to his automatic enrollment in the Plan, such amounts allocated to his Account shall be invested in the
Investment Media as determined by the Committee. A Participant may amend such selection by prior notice to the Committee, effective as of
such dates determined by the Committee, by giving prior notice to the Committee. Such amendments will be subject to the other requirements
which may be imposed by the Committee or the applicable Investment Medium.
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