Comcast 2014 Annual Report Download - page 304

11.5.3. Subject to Sections 11.5.7 and 11.5.8, a Participant may transfer, effective as of such dates determined by the Committee,
such portion of the value of his interest in any Investment Medium to another Investment Medium, as may be permitted by the Committee.
11.5.4. The amounts contributed by all Participants to each Investment Medium shall be commingled for investment purposes.
11.5.5. The Trustee may hold assets of the Fund and make distributions therefrom in the form of cash without liability for interest, if
for administrative purposes it becomes necessary or practical to do so.
11.5.6. The Committee may limit the right of a Participant (a) to increase or decrease his contribution to a particular Investment
Medium, (b) to transfer amounts to or from a particular Investment Medium, or (c) to transfer amounts between particular Investment Media, if
such limitation is required under the terms establishing an Investment Medium or to facilitate the merger of any other plan with and into this
Plan, or the transfer or rollover of benefits into this Plan.
11.5.7. Prior to the AT&T Broadband Transaction, individuals who were Participants in the Plan prior to the Effective Date could
elect to invest all or a portion of their Accounts in Investment Stock. Effective after the AT&T Broadband Transaction, Investment Stock is no
longer available for new investments, and, except as provided in this Article, Participants may invest in Company Stock instead. Subject to
Sections 11.5.5, 11.5.6 and 11.5.8, all or a portion of the value of a Participant’s interest in Investment Stock may be transferred to a different
Investment Medium, including Company Stock, at the election of such Participant; however, a Participant may not transfer a portion of the value
of his interest in any Investment Medium to Investment Stock.
11.5.8. Effective January 1, 2016, Company Stock is no longer available for new investments under the Plan. Effective beginning on
or about January 1, 2017, (i) Company Stock and Investment Stock shall cease to be an Investment Medium under the Plan and (ii) all shares of
Company Stock and Investment Stock held in the Plan shall be liquidated and the proceeds re-invested in an appropriate alternative investment
to be determined by the Independent Fiduciary (as defined below). Beginning on January 1, 2016, all or a portion of the value of a Participant’s
interest in Company Stock may be transferred to a different Investment Medium at the election of such Participant; however, a Participant may
not transfer a portion of the value of his interest in any other Investment Medium to Company Stock and may not direct the investment of new
Plan contributions in Company Stock. As soon as administratively practicable, the Committee shall appoint an independent fiduciary (the
“Independent Fiduciary”) to manage the Company Stock and Investment Stock held in the Plan, including managing the freeze and liquidation
of the Company Stock and Investment Stock, as provided for in this section. In such capacity, the Independent Fiduciary shall be the Plan’s
“named fiduciary” with respect to its investment in Company Stock and Investment Stock.
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