Comcast 2014 Annual Report Download - page 343

(4) an individual who is not classified by the Participating Company as an employee, even if such individual is retroactively re-
characterized as an employee by a third party or a Participating Company.
(o) “ Fair Market Value ” means the closing price per Share on the principal national securities exchange on which the Shares are listed
or admitted to trading or, if not listed or traded on any such exchange, on the National Market System of the National Association of Securities
Dealers Automated Quotation System (“NASDAQ”), or if not listed or traded on any such exchange or system, the fair market value as
reasonably determined by the Board or the Committee, which determination shall be conclusive.
(p) “ Ineligible Employee ” means:
(1) For an Employee of any Participating Employer other than Universal Orlando, an Employee who, as of an Offering
Commencement Date:
i. has been continuously employed by a Participating Company on a full-time basis for less than 90 days;
ii. has been continuously employed by a Participating Company on a part-time basis for less than one year;
iii. except as otherwise provided by the Committee, an employee who is (i) employed by a Subsidiary that is organized
under the laws of a jurisdiction outside of the United States of America or (ii) whose principal work location is outside of the United States; or
iv. is an individual whose employment is classified by the Participating Company to which such individual is employed as
an internship, or as “temporary” or “intermittent,” all in accordance with uniformly applied personnel policies.
For purposes of this Paragraph 2(p)(1), an Employee is employed on a part-time basis if the Employee customarily works less than 20 hours per
week. For purposes of this Paragraph 2(p), an Employee is employed on a full-time basis if the Employee customarily works 20 or more hours
per week.
(2) For an Employee of Universal Orlando, an employee who, as of an Offering Commencement Date:
i. has been continuously employed by a Participating Company on a full-time basis for less than 90 days;
ii. has been continuously employed by a Participating Company on a part-time basis for less than one year;
iii. except as otherwise provided by the Committee, an employee who is (i) employed by a Subsidiary that is organized
under the laws of a jurisdiction outside of the United States of America or (ii) whose principal work location is outside of the United States; or
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