Comcast 2014 Annual Report Download - page 345

(2) the date as of which the Board or the Committee chooses to terminate the Plan as provided in Paragraph 14.
(bb) “ Purchase Price ”
means 85 percent of the lesser of: (1) the Fair Market Value per Share on the Offering Commencement Date, or if
such date is not a trading day, then on the next trading day thereafter or (2) the Fair Market Value per Share on the Offering Termination Date, or
if such date is not a trading day, then on the trading day immediately preceding the Offering Termination Date.
(cc) “ Shares ” means shares of Comcast Corporation Class A Common Stock, par value $0.01.
(dd) “ Subsidiary ” means any Affiliate of NBCUniversal that is controlled by NBCUniversal.
(ee) “ Successor-in-Interest ” means the Participant’s executor or administrator, or such other person or entity to which the Participant’s
rights under the Plan shall have passed by will or the laws of descent and distribution.
(ff) “ Terminating Event ” means any of the following events:
(1) the liquidation of the Company; or
(2) a Change of Control.
(gg) “ Third Party ” means any Person, together with such Person’s Affiliates, provided that the term “Third Party” shall not include the
Company or an Affiliate of the Company.
(hh) “ Termination Form ”
means the written or electronic form acceptable to the Committee which an Employee shall use to discontinue
participation during an Offering Period pursuant to Paragraph 7(b).
(ii) “ Universal Orlando ” means Universal City Development Partners, Ltd. and its subsidiaries.
3. Eligibility and Participation .
(a) Eligibility . Each Eligible Employee shall be eligible to participate in the Plan.
(b) Commencement of Participation . An Eligible Employee shall become a Participant by completing an Election Form and filing it
with the Committee on or before the 15th day of the month immediately preceding the Offering Commencement Date for the first Offering to
which such Election Form applies. Payroll Deductions for a Participant shall commence on the first payroll period ending after the applicable
Offering Commencement Date when his or her authorization for Payroll Deductions becomes effective, and shall end on the Plan Termination
Date, unless sooner terminated by the Participant pursuant to Paragraph 7(b).
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