Comcast 2014 Annual Report Download - page 347

(a) In General . On each Offering Termination Date, each Participant shall be deemed to have purchased a number of whole Shares
equal to the quotient obtained by dividing the balance credited to the Participant’s Account as of the Offering Termination Date, by the Purchase
Price, rounded to the next lowest whole Share. Shares deemed purchased by a Participant under the Plan (net of Shares withheld under
Paragraph 11) shall be credited to the Participant’s Brokerage Account as soon as practicable following the Offering Termination Date.
(b) Terminating Events . The Company shall give Participants at least 30 days’ notice (or, if not practicable, such shorter notice as may
be reasonably practicable) prior to the anticipated date of the consummation of a Terminating Event. The 20th day following the issuance of such
notice by the Company (or such earlier date as the Board or the Committee may reasonably determine) shall constitute the Offering Termination
Date for any outstanding Offering.
(c) Fractional Shares and Minimum Number of Shares . Fractional Shares shall not be issued under the Plan. Amounts credited to an
Account remaining after the application of such Account to the purchase of Shares under the Plan shall, to the extent not applied to pay
withholding taxes under Paragraph 11, be credited to the Participant’s Account for the next succeeding Offering, or, at the Participant’s election,
returned to the Participant as soon as practicable following the Offering Termination Date, without interest.
(d) Transferability of Rights to Purchase Shares
. No right to purchase Shares pursuant to the Plan shall be transferable other than by will
or by the laws of descent and distribution, and no such right to purchase Shares pursuant to the Plan shall be exercisable during the Participant’s
lifetime other than by the Participant.
7. Termination of Participation .
(a) Account . Except as provided in Paragraph 7(c), no amounts shall be distributed from Participants’ Accounts during an Offering
Period.
(b) Suspension of Participation . A Participant may discontinue Payroll Deductions during an Offering Period by providing a
Termination Form to the Committee at any time before the Offering Termination Date applicable to any Offering, provided that a Participant’s
Payroll Deductions shall be discontinued to the extent required in connection with a Participant’s hardship withdrawal under the rules of the
NBCUniversal Capital Accumulation Plan, the Comcast Corporation Retirement
-Investment Plan or any other plan, program or arrangement
pursuant to which discontinuance of contributions to the Plan may be required in connection with a Participant’s hardship withdrawal. All
amounts credited to such Participant’s Account shall be applied to the purchase of Shares pursuant to Paragraph 6. A Participant who
discontinues Payroll Deductions during an Offering Period by providing a Termination Form shall be eligible to participate in the Offering next
following the date on which the Participant delivers the Termination Form to the Committee. A Participant (other than a Participant whose
payroll is administered by Universal Orlando) whose Payroll Deductions are suspended during an Offering Period because of a hardship
withdrawal under the rules of the NBCUniversal Capital Accumulation Plan, the Comcast Corporation Retirement-Investment Plan or any other
plan,
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