Comcast 2014 Annual Report Download - page 338

Brokerage Accounts may be sold or otherwise transferred, provided that such holding period, if any, shall not apply to Shares credited to the
Brokerage Account of a Participant who has terminated employment on account of death or disability.
The Participating Companies shall pay all fees and expenses incurred (excluding individual Federal, state, local or other taxes) in
connection with the Plan. No charge or deduction for any such expenses will be made to a Participant upon the termination of his or her
participation under the Plan or upon the distribution of certificates representing Shares purchased with his or her Payroll Deductions.
The Participating Companies shall have the right to withhold from each Participant’s Compensation an amount equal to all federal, state,
city or other taxes as the Participating Companies shall determine are required to be withheld by them in connection with the purchase of Shares
under the Plan and in connection with the sale of Shares acquired under the Plan. In connection with such withholding, the Participating
Companies may make any such arrangements as they may deem necessary or appropriate to protect their interests.
The Plan shall not confer upon any Eligible Employee any right to continue in the employ of the Participating Companies.
The Plan shall be administered by the Committee. The Board and the Committee shall have authority to interpret the Plan, to prescribe,
amend and rescind rules and regulations relating to it, and to make all other determinations deemed necessary or advisable in administering the
Plan, with or without the advice of counsel. The Committee may delegate its administrative duties, subject to its review and supervision, to the
appropriate officers and employees of the Company. The determinations of the Board and the Committee on the matters referred to in this
Paragraph 13 shall be conclusive and binding.
The Board or the Committee may terminate the Plan at any time and may amend the Plan from time to time in any respect; provided,
however, that upon any termination of the Plan, all Shares or Payroll Deductions (to the extent not yet applied to the purchase of Shares) under
the Plan shall be distributed to the Participants, provided further, that no amendment to the Plan shall affect the right of any Participant to receive
his or her proportionate interest in the Shares or his or her Payroll Deductions (to the extent not yet applied to the purchase of Shares) under the
Plan, and provided further that the Company may seek shareholder approval of an amendment to the Plan if such approval is determined to be
required by or advisable under the regulations of the Securities and Exchange Commission or the Internal Revenue Service, the rules of any
stock exchange or system on which the Shares are listed or other applicable law or regulation.
-
8
-
10.
Expenses
.
11.
Taxes
.
12.
Plan and Contributions Not to Affect Employment
.
13.
Administration
.
14.
Amendment and Termination
.