Exhibit 10.2
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
This AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (“Amendment No. 2”) is entered into
as of the 27th day of July, 2020, between COMCAST CORPORATION, a Pennsylvania
corporation (together with its subsidiaries, the “Company”), and DAVID L. COHEN
(“Employee”).
BACKGROUND
The Company and Employee entered into an Employment Agreement (the “Original
Agreement”) dated as of October 23, 2015, as amended by Amendment No. 1 dated as
of December 16, 2019 (together with the Original Agreement, the “Agreement”),
and desire to further amend the Agreement as provided herein.
AGREEMENT
Intending to be legally bound hereby, the Company and Employee agree that,
effective as of January 1, 2021, the following provisions of the Agreement shall
be amended and restated in their entirety as follows:
1.
Clauses (a) and (b) of paragraph 1 of the Agreement shall be amended and
restated to read in their entirety as follows:

(a)
Employee shall serve and the Company shall employ Employee in the position of
Senior Advisor to the CEO. Employee shall report directly to the Company’s Chief
Executive Officer (currently Brian L. Roberts), in Philadelphia, Pennsylvania.
The duties of Employee from time to time hereunder will be those assigned by the
Company commensurate with Employee’s education, skills and experience.

(b)
Employee shall work part-time and during working hours devote Employee’s
reasonable best efforts to the business of the Company in a manner that will
further the interests of the Company. Without the prior written consent of the
Company, Employee shall not work in self-employment nor, directly or indirectly,
work for or otherwise provide services to or on behalf of any person or entity,
other than the Company. Notwithstanding the foregoing, Employee may engage in
non-compensatory civic and charitable activities with the consent of the
Company, which consent shall not be unreasonably withheld or delayed.

2.
Paragraph 2 of the Agreement shall be amended and restated to read in its
entirety as follows:

2.
Term. The term of this Agreement (the “Term”) shall be from January 1, 2021 (the
“Commencement Date”) through the first to occur of: (a) the date Employee’s
employment is terminated in accordance with Paragraph 6; or (b) December 31,
2025 (the date specified in subparagraph (b) above is referred to as the
“Regular End Date”). Notwithstanding the end of the Term, the Company’s
obligations to make any payments expressly set forth

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herein to be made after the Term, and the parties’ rights and obligations
contained in Paragraphs 8, 9 and 10, shall be enforceable after the end of the
Term.

3.
Paragraph 3 of the Agreement shall be amended and restated to read in its
entirety as follows:

3.
Compensation. Employee’s cash compensation for each year during the Term shall
be a Base Salary of $350,000. Base Salary, less normal deductions, shall be paid
to Employee in accordance with the Company’s payroll practices in effect from
time to time. During the Term, Employee shall be permitted, in accordance with
the terms and conditions of the Company’s deferred compensation plans in effect
on the date hereof, to redefer existing balances into any investment alternative
other than the Income Fund, as defined therein, but shall not be entitled to
participate in the Company’s annual Cash Bonus Plan or any grant programs under
the Company’s Restricted Stock Plan or Stock Option Plan (or any successor
equity-based compensation plans) beyond the first quarter of 2021.

4.
Paragraph 6 of the Agreement shall be amended and restated to delete clauses (b)
and (d)(i) in their entirety.

5.
Other than as amended hereby, the Agreement remains in full force and effect.

IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Amendment No. 2 as of the date first-above written.

COMCAST CORPORATION

By: /s/ Thomas J. Reid        

EMPLOYEE:

/s/ David L. Cohen            
David L. Cohen