Comcast 2014 Annual Report Download - page 342

(i) “ Compensation ” means an Eligible Employee’s wages as reported on Form W-2 ( i.e. , wages as defined in section 3401(a) of the
Code and all other payments of compensation for which the Participating Company is required to furnish the employee a written statement under
sections 6041(d) and 6051(a)(3) of the Code) from a Participating Company, reduced by reimbursements or other expense allowances, fringe
benefits (cash and non-cash), moving expenses, deferred compensation, and welfare benefits, but including salary reduction contributions and
elective contributions that are not includible in gross income under sections 125 or 402(a)(8) of the Code.
(j) “ Effective Date ” means the effective date referenced in Paragraph 15.
(k) “ Election Form ”
means the written or electronic form acceptable to the Committee which an Eligible Employee shall use to make an
election to purchase Shares through Payroll Deductions pursuant to the Plan.
(l) “ Eligible Employee ” means an Employee who is not an Ineligible Employee.
(m) “ Eligible Employer ” means NBCUniversal and any Subsidiary of NBCUniversal other than:
(1) a Subsidiary that is organized under the laws of a jurisdiction outside of the United States of America, other than a Subsidiary
referenced pursuant to Section 2(p)(1)(iii); or
(2) except as otherwise provided by the Committee, a Subsidiary that is a “Participating Company” as defined in the Comcast
Corporation 2002 Employee Stock Purchase Plan.
(n) “ Employee ” means any Employee who is employed by a Participating Company and designated on the books and records of such
Participating Company as an employee, provided that the term “Employee” shall not include:
(1) an individual covered by a collective bargaining agreement, unless such agreement specifically provides for participation
hereunder;
(2) except as otherwise provided by Paragraph 2(p)(1)(iii), an individual who is not on a United States employee payroll of a
Participating Company or an individual with respect to whom the Participating Company does not report such individual’s compensation as
wages on Form W-2;
(3) an individual who has entered into an agreement with a Participating Company which excludes such individual from
participation in employee benefit plans of a Participating Company (whether or not such individual is treated or classified as an employee for
certain specified purposes that do not include eligibility to participate in the Plan); and
-
2
-