Document:

Confidential Separation Agreement and General Release

 Exhibit 10.1 
 CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE 
 THIS CONFIDENTIAL SEPARATION AGREEMENT AND
GENERAL RELEASE (this “Severance Agreement”) is made and entered into effective as of this 30th day of April, 2008, by and between Barrier Therapeutics, a Delaware corporation (the “Company”) and Anne VanLent
(“VanLent”) (collectively, “the parties”). 
 WHEREAS, VanLent has been employed by the Company as its Executive
Vice President and Chief Financial Officer (“CFO”); and 
 WHEREAS, VanLent’s employment with the Company is governed
by an employment agreement, dated December 6, 2006 (the “Employment Agreement”); and 
 WHEREAS, at the request of the
Board of Directors of the Company (the “Board”), VanLent and the Company have mutually agreed that VanLent will retire from her position as CFO, effective April 30, 2008 (the “Retirement Date”). 
 NOW, THEREFORE, IT IS HEREBY AGREED by and between VanLent and the Company as follows: 
 1. Release: 
 VanLent for and in
consideration of the commitments set forth in this Severance Agreement, and intending to be legally bound, does hereby REMISE, RELEASE AND FOREVER DISCHARGE the Company, its affiliates, subsidiaries and parents, and its officers, directors,
employees, attorneys, and agents, and its and their respective successors and assigns, heirs, executors, and administrators (collectively, “Releasees”) of and from all manner of actions and causes of actions, suits, debts, claims and
demands whatsoever in law or in equity, which VanLent ever had, now has or which her heirs, executors or administrators hereafter may have from the beginning of time, up to and including the date of this Severance Agreement, and particularly, but
without limitation of the foregoing general terms, any claims concerning or relating in any way to VanLent’s employment relationship with RELEASEES, including, but not limited to, any claims arising under Title VII of the Civil Rights Act of
1964, 42 U.S.C. §2000e et seq., the Americans with Disabilities Act, 42 U.S.C. §12101 et seq. (“ADA”), the Age Discrimination in Employment Act, as amended, 29 U.S.C. § 621 et seq.
(“ADEA”), the Older Workers Benefit Protection Act, 29 U.S.C. § 621 et seq. (“OWBPA”), the Family and Medical Leave Act, 29 U.S.C. § 2601 et seq. (“FMLA”), the Employee Retirement Income Security
Act, 29 U.S.C. §1001 et seq. (“ERISA”), the New Jersey Law Against Discrimination, N.J.S.A. 10:5-1 et seq. (“NJLAD”), the Conscientious Employee Protection Act, N.J.S.A. 34:19-1 et seq.
(“CEPA”), the New Jersey Family Leave Act, N.J.S.A. 34:11b-1 et seq., the New Jersey Equal Pay Act, N.J.S.A. 34:11-56.1 et seq., the New Jersey Wage and Hour Law, N.J.S.A. 34:1-56a et seq., the New
Jersey Wage Payment Act, N.J.S.A. 34:11-4.2 et seq., the New Jersey Constitution, the common law of the State of New Jersey including, but not limited to, “Pierce claims,” the New Jersey wage and hour laws, and any and
all other federal, state, county, or local common laws, statutes, ordinances, or regulations, including, without limitation, claims of unlawful discharge, retaliation, fraud, equitable fraud, negligent misrepresentation, breach of 

 VanLent Severance Agreement 
  Page
 2
 of 8 
  
 
contract, promissory estoppel, breach of the implied covenant of good faith and fair dealing, negligent supervision, quantum meruit, violation of public
policy, defamation, physical injury, emotional distress, or claims for additional compensation or benefits arising up until now, and any claims for attorneys’ fees and costs. 
 2. In consideration for VanLent’s agreements as set forth herein and pursuant to Section 6(c) of the Employment Agreement, and provided that
VanLent has executed and has not revoked this Severance Agreement pursuant to Paragraph 17(f) below, the Company agrees as follows: 
 (a) The
Company will, within thirty (30) days of her Retirement Date, pay to VanLent an amount equal to 1.0 times her annual base salary (at the rate in effect as of her Retirement Date) plus 1.0 times her target annual cash bonus for 2008, each in a
lump sum, less applicable withholdings. As of her Retirement Date, VanLent’s annual base salary is $274,000 and her target annual cash bonus for 2008 is $95,900. Thus, the total payment to VanLent pursuant to this Paragraph 2(a) is $369,000.

 (b) The Company will, within thirty (30) days of her Retirement Date, pay to VanLent a pro rata bonus payment for the year in which
her Retirement Date occurs equal to $31,967, which represents one-third of VanLent’s target annual cash bonus for 2008. 
 (c) The
Company will provide VanLent with continued coverage under the Company’s group health plan until the earlier of either (1) the end of the twelve month period following her Retirement Date (the “Severance Period”) or (2) the
date on which VanLent is eligible to receive medical benefits from another employer. The COBRA health care continuation coverage period under section 4980B of the Code will run concurrently with the Severance Period (or such shorter period as may
become applicable under (c)(2) hereof). 
 (d) All of VanLent’s outstanding stock options, restricted stock and other equity rights held
by her as of the Retirement Date will become vested and/or exercisable, as the case may be, as of the Retirement Date, and any stock options, including any stock options that previously became exercisable and have not expired or been exercised, will
remain exercisable, notwithstanding any provision to the contrary in any other agreement governing such options, until December 31, 2009; provided, however, that in no event will the option be exercisable beyond its original term. 

(e) The Company will, within thirty (30) days of her Retirement Date, pay to VanLent any other amounts earned, accrued and owing but not yet paid
under Sections 2, 3 and 4 of the Employment Agreement and any benefits accrued and due under any applicable benefit plans and programs of the Company, whether or not the terms of such plan or program otherwise require an employee to be employed
with the Company on the date of payment, including without limitation, any cash bonus earned and accrued but not yet paid for 2007. VanLent has received payment of her 2007 annual bonus contemporaneously with the payment of the 2007 annual bonus to
other executive officers of the Company, as determined by the Compensation Committee of the Board. In addition, the Company will, within thirty (30) days of her Retirement Date, pay to VanLent the amount of any reasonable out-of-pocket business
expenses properly incurred but not yet reimbursed under Section 5 of the Employment Agreement. The amounts described in this Paragraph 2(e) will be paid to VanLent regardless of whether she executes or revokes this Severance Agreement.

  

 2 

 VanLent Severance Agreement 
  Page
 3
 of 8 
  
 3.
Non-Disparagement: 
 VanLent agrees: 
 (a) not to participate or engage in any trade or commercial disparagement of the business or operations of the Company and/or any other related entity; 
 (b) not to subvert the business or operations of the Company and/or any other related entity; and 
 (c) not to disparage any of the officers, directors or employees of the Company. 
 4. Confidential Information, Invention Assignment, Non-Competition and Non-Solicitation Obligations: 
 VanLent acknowledges and further agrees that she remains bound by the terms of the Company’s Confidential Information and Invention Assignment
Agreement (as described in Section 12 of the Employment Agreement) and her obligations under Section 13 of the Employment Agreement. VanLent agrees that she remains subject to the foregoing terms and obligations regardless of whether she
signs or revokes this Severance Agreement. 
 5. Entire Agreement: 
 VanLent acknowledges and further agrees that this Severance Agreement supersedes any and all prior agreements or understandings, whether written or oral,
between the parties to the extent this Severance Agreement is inconsistent with the terms or conditions of any such prior agreements or understandings, with the exception of the Company’s Confidential Information and Invention Assignment
Agreement (as described in Section 12 of the Employment Agreement) and VanLent’s obligations under Section 13 of the Employment Agreement. 
 VanLent further acknowledges and agrees that except as set forth expressly herein, no promises or representations have been made to her in connection with her separation from the Company, or the terms of this
Severance Agreement. 
 6. No Admission: 
 The parties agree and acknowledge that the Severance Agreement by the Company described herein, and the settlement and termination of any asserted or unasserted claims against the Releasees, are not and will not be
construed to be an admission of any violation of any federal, state or local statute or regulation, or of any duty owed, contractual or otherwise, by any of the Releasees to VanLent. 
  

 3 

 VanLent Severance Agreement 
  Page
 4
 of 8 
  
 7. No
Reemployment: 
 VanLent acknowledges that Releasees have no obligation to employ or re-employ her in the future. 
 8. No Obligations: 
 Each party agrees
and recognizes that should it breach any of the obligations or covenants set forth in this Severance Agreement, the non-breaching party will have no obligation, except as set forth in the Employment Agreement, to provide the other party with the
consideration paid under this Severance Agreement. The parties further agree that the non-breaching party will be entitled to preliminary and permanent injunctive relief, without the necessity of proving actual damages. 
 9. No Conflict: 
 In the event that
any portion of the Severance Agreement conflicts with any portion of the Employment Agreement, the Severance Agreement will control to the extent necessary to resolve the conflict, and all non-conflicting portions of the Employment Agreement will
remain in effect. 
 10. Governing Law: 
 This Severance Agreement and the obligations of the parties hereunder will be construed, interpreted and enforced in accordance with the laws of the State of New Jersey. 
 11. Severability: 
 The parties agree
that if any provision of this Severance Agreement, other than the General Release set forth in Paragraph 1 above, or the application thereof to any person, place or circumstance will be held by a court of competent jurisdiction to be invalid,
unenforceable, or void, the remainder of this Severance Agreement and such provision as applied to other persons, places, and circumstances will remain in full force and effect. 
 12. Construction: 
 This Severance
Agreement has been drafted jointly by all parties and there will be no presumption of construction against any party. The Parties agree that the terms of all parts of the Severance Agreement will in all cases be construed as they hold, according to
their fair meaning, and not strictly for or against any party. 
 13. Counterparts: 
 This Severance Agreement may be executed in any number of counterparts, and each such counterpart will be deemed to be an original instrument, but all
such counterparts together will constitute but one agreement. This Severance Agreement may be executed and delivered by facsimile. 
  

 4 

 VanLent Severance Agreement 
  Page
 5
 of 8 
  
 14.
Waiver: 
 The waiver by either party of a breach of any provision of this Severance Agreement by the other party must be in writing
and will not operate or be construed as a waiver of any subsequent breach by such other party. 
 15. Arbitration: 
 The parties agree that any dispute, controversy or claim arising out of or relating to this Severance Agreement, whether based on contract, tort, statute
or other legal or equitable theory (including without limitation, Title VII, Americans with Disabilities Act, New Jersey Law Against Discrimination, Age Discrimination in Employment Act, Conscientious Employment Protection Act or any claim of fraud,
misrepresentation or fraudulent inducement or any question of validity or effect of this Severance Agreement including this clause) or the breach or termination thereof (a “Dispute”), will be resolved by binding arbitration in accordance
with the following provisions; provided, however, that this Paragraph 16 will not limit the right of any party to seek from a court of competent jurisdiction any equitable relief with respect to the Dispute to which such party may
otherwise be entitled, including, without limitation, specific performance or injunctive or other relief, and no party will have any obligation to arbitrate such claim for equitable relief. 
 (a) Any Dispute will be resolved by binding arbitration to be conducted before JAMS/Endispute, Inc. (“JAMS”) in accordance with the provisions
of JAMS’ Comprehensive Arbitration Rules and Procedures as in effect at the time of the arbitration. 
 (b) The arbitration will be held
before a single arbitrator appointed by JAMS, in accordance with its rules, who is not an affiliate of any party to such arbitration and does not have any potential for bias or conflict of interest with respect to any of the parties, directly or
indirectly, by virtue of any direct or indirect financial interest, family relationship or close friendship. 
 (c) Such arbitration will be
held at such place as the arbitrator appointed by JAMS may determine within the State of New Jersey or such other location to which the parties may agree. 
 (d) The arbitrator will have the authority, taking into account the parties’ desire that any arbitration proceeding hereunder be reasonably expedited and efficient, to permit the parties to conduct discovery. Any
such discovery will be (A) guided generally by and be no broader than permitted under the United States Federal Rules of Civil Procedure, and (B) subject to the arbitrator and the parties entering into a mutually acceptable confidentiality
agreement. 
 (e) The arbitrator’s decision and award in any such arbitration will be made and delivered within 120 days of the date on
which such arbitration proceedings commenced. 
 (f) The arbitrator’s decision will be in writing and will be as brief as possible and
will include the basis for the arbitrator’s decision. A record of the arbitration proceeding will be kept. 
  

 5 

 VanLent Severance Agreement 
  Page
 6
 of 8 
  
 (g)
Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. 
 (h) The arbitrator will have the
power but not the obligation to award to the party it deems to have prevailed, all or a portion of the costs of the arbitration (including, transcripts, room rental fees and fees and expenses of the arbitrator and JAMS, and the reasonable legal
fees, costs and disbursements of the other party thereto); provided, that if court proceedings to stay litigation or compel arbitration are necessary, the non-prevailing party in such proceedings will pay all reasonable costs, expenses, and
attorney’s fees incurred in connection with such court proceeding. 
 (i) The parties agree to participate in any arbitration in good
faith. 
 16. Compliance with Section 409A. 
 This Severance Agreement will be interpreted to avoid any penalty sanctions under section 409A of the Internal Revenue Code of 1986, as amended (the “Code”). If any payment or benefit cannot be provided or
made at the time specified herein without incurring sanctions under section 409A of the Code, then such benefit or payment will be provided in full at the earliest time thereafter when such sanctions will not be imposed. For purposes of section 409A
of the Code, all payments to be made upon a termination of employment under this Severance Agreement may only be made upon VanLent’s “separation from service” within the meaning of such term under section 409A of the Code, each
payment made under this Severance Agreement will be treated as a separate payment and the right to a series of installment payments under this Severance Agreement is to be treated as a right to a series of separate payments. In no event will
VanLent, directly or indirectly, designate the calendar year of payment. 
 Payments under this Agreement are intended to be exempt from
section 409A of the Code because they will be paid within the short-term deferral rule and separation pay plan exception thereto; however, to the extent it is determined to be necessary to postpone the commencement of any severance payments
otherwise payable pursuant to this Agreement as a result of such separation from service to prevent any accelerated or additional tax under section 409A of the Code, then the Company will postpone the commencement of the payment of any such payments
or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to VanLent) that are not otherwise excepted from section 409A of the Code, until the first payroll date that occurs after the date that is six
(6) months following VanLent’s separation from service with the Company (as defined under section 409A of the Code). If any payments are postponed due to such requirements, such postponed amounts will be paid on the first payroll date that
occurs after the date that is six (6) months following VanLent’s separation from service with the Company in a lump sum. If VanLent dies during the postponement period prior to the payment of the postponed amount, the amounts withheld on
account of section 409A of the Code will be paid to the personal representative of VanLent’s estate within sixty (60) days after the date of VanLent’s death. 
 All reimbursements and in-kind benefits provided under this Severance Agreement will be made or provided in accordance with the requirements of section
409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses 

  

 6 

 VanLent Severance Agreement 
  Page
 7
 of 8 
  
 
incurred during VanLent’s lifetime (or during a shorter period of time specified in this Severance Agreement), (ii) the amount of expenses eligible
for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year, (iii) the reimbursement of an eligible expense will
be made on or before the last day of the calendar year following the year in which the expense is incurred, and (iv) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. 
 17. Certification: 
 VanLent certifies
and acknowledges as follows: 
 (a) That she has read the terms of this Severance Agreement, and that she understands its terms and effects,
including the fact that she has agreed to RELEASE AND FOREVER DISCHARGE the Company and each and everyone of its affiliated entities from any legal action arising out of her employment relationship with the Company and/or the termination of
that relationship; 
 (b) That she has signed this Severance Agreement voluntarily and knowingly in exchange for the consideration described
herein, which she acknowledges is adequate and satisfactory to her and which she acknowledges is in addition to any other benefits to which she is otherwise entitled; 
 (c) That she has been and is hereby advised in writing to consult with an attorney prior to signing this Severance Agreement, and has in fact consulted with an attorney; 
 (d) That she does not waive rights or claims that may arise after the date this Severance Agreement is executed; 
 (e) That the Company has provided VanLent with a period of twenty-one (21) calendar days within which to consider this Severance Agreement, and that
she has signed on the date indicated below after concluding that this Severance Agreement is satisfactory to her; and 
 (f) VanLent
acknowledges that she may revoke this Severance Agreement within seven (7) calendar days after execution, and it will not become effective until the expiration of such seven-day revocation period. In order to be effective, any revocation by
VanLent must be in writing, directed to the Company, Barrier Therapeutics, Inc., 600 College Road East, Suite 3200, Princeton, New Jersey 08540, Attention: Chief Executive Officer; Telecopier: (609) 945-1255, and be received on or before the
7th day following the execution of this Severance Agreement (the “Revocation Period”). In the event of a timely revocation by VanLent, this Severance Agreement will be deemed null and void and neither the Company nor VanLent will have any
obligations hereunder. 
 [SIGNATURE PAGE FOLLOWS] 
  

 7 

 VanLent Severance Agreement 
  Page
 8
 of 8 
  
 Intending
to be legally bound hereby, VanLent and the Company executed the foregoing Confidential Separation Agreement and General Release this 30th day of April, 2008. 
  

			
	  

	Anne VanLent
	
	Barrier Therapeutics, Inc.
		
	By:	 	  

	Name:	 	Peter Ernster
	Title:	 	Chairman

  

 82003 Stock Option Plan, as amended and restated effective March 24, 2008

 Exhibit 10.1 
 COMCAST CORPORATION 
 2003 STOCK OPTION PLAN 
 (AS AMENDED AND RESTATED EFFECTIVE MARCH 24, 2008) 
  

	 	1.	Background and Purpose of Plan 

 (a)
Background. COMCAST CORPORATION, a Pennsylvania corporation hereby amends and restates the Comcast Corporation 2003 Stock Option Plan, (the “Plan”), effective March 24, 2008. 
 (b) Purpose. The purpose of the Plan is to assist the Sponsor and its Affiliates in retaining valued employees, officers and directors by offering
them a greater stake in the Sponsor’s success and a closer identity with it, and to aid in attracting individuals whose services would be helpful to the Sponsor and would contribute to its success. 
  

	 	2.	Definitions 

 (a) “Affiliate”
means, with respect to any Person, any other Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, the term “control,” including its
correlative terms “controlled by” and “under common control with,” mean, with respect to any Person, the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such
Person, whether through the ownership of voting securities, by contract or otherwise. 
 (b) “AT&T Broadband
Transaction” means the acquisition of AT&T Broadband Corp. (now known as Comcast Cable Communications Holdings, Inc.) by the Sponsor. 
 (c) “Board” means the board of directors of the Sponsor. 
 (d) “Cash Right” means any right to
receive cash in lieu of Shares granted under the Plan and described in Paragraph 3(a)(iii). 
 (e) “Cause” means
(i) fraud; (ii) misappropriation; (iii) embezzlement; (iv) gross negligence in the performance of duties; (v) self-dealing; (vi) dishonesty; (vii) misrepresentation; (viii) conviction of a crime of a felony;
(ix) material violation of any Company policy; (x) material violation of the Company’s Code of Ethics and Business Conduct or, (xi) in the case of an employee of a Company who is a party to an employment agreement with a Company,
material breach of such agreement; provided that as to items (ix), (x) and (xi), if capable of being cured, such event or condition remains uncured following 30 days written notice thereof. 
  

 1 

 (f) “Change of Control” means any transaction or series of transactions as a result of
which any Person who was a Third Party immediately before such transaction or series of transactions owns then-outstanding securities of the Sponsor such that such Person has the ability to direct the management of the Sponsor, as determined by the
Board in its discretion. The Board may also determine that a Change of Control shall occur upon the completion of one or more proposed transactions. The Board’s determination shall be final and binding. 
 (g) “Code” means the Internal Revenue Code of 1986, as amended. 
 (h) “Comcast Plan” means any restricted stock, stock bonus, stock option or other compensation plan, program or arrangement established
or maintained by the Sponsor or an Affiliate of the Sponsor, including, but not limited to this Plan, the Comcast Corporation 2002 Stock Option Plan, the Comcast Corporation 2002 Restricted Stock Plan, the Comcast Corporation 1987 Stock Option Plan
and the AT&T Broadband Corp. Adjustment Plan. 
 (i) “Committee” means the committee described in Paragraph 5,
provided that for purposes of Paragraph 7: 
 (i) all references to the Committee shall be treated as references to the Board with respect to
any Option granted to or held by a Non-Employee Director; and 
 (ii) all references to the Committee shall be treated as references to the
Committee’s delegate with respect to any Option granted within the scope of the delegate’s authority pursuant to Paragraph 5(b). 
 (j) “Common Stock” means the Sponsor’s Class A Common Stock, par value, $.01. 
 (k)
“Company” means the Sponsor and the Subsidiary Companies. 
 (l) “Date of Grant” means the date as of which
an Option is granted. 
 (m) “Disability” means a disability within the meaning of section 22(e)(3) of the Code. 

(n) “Fair Market Value.” If Shares are listed on a stock exchange, Fair Market Value shall be determined based on the last reported
sale price of a Share on the principal exchange on which Shares are listed on the date of determination, or if such date is not a trading day, the next trading date. If Shares are not so listed, but trades of Shares are reported on the Nasdaq
National Market, Fair Market Value shall be determined based on the last quoted sale price of a Share on the Nasdaq National Market on the date of determination, or if such date is not a trading day, the next trading date. If Shares are not so
listed nor trades of Shares so reported, Fair Market Value shall be determined by the Board or the Committee in good faith. 
  

 -2- 

 (o) “Family Member” has the meaning given to such term in General Instructions A.1(a)(5)
to Form S-8 under the Securities Act of 1933, as amended, and any successor thereto. 
 (p) “Incentive Stock Option” means
an Option granted under the Plan, designated by the Committee at the time of such grant as an Incentive Stock Option within the meaning of section 422 of the Code and containing the terms specified herein for Incentive Stock Options;
provided, however, that to the extent an Option granted under the Plan and designated by the Committee at the time of grant as an Incentive Stock Option fails to satisfy the requirements for an incentive stock option under section 422 of
the Code for any reason, such Option shall be treated as a Non-Qualified Option. 
 (q) “Non-Employee Director” means an
individual who is a member of the Board, and who is not an employee of a Company, including an individual who is a member of the Board and who previously was, but at the time of reference is not, an employee of a Company. 
 (r) “Non-Qualified Option” means: 
 (i) an Option granted under the Plan, designated by the Committee at the time of such grant as a Non-Qualified Option and containing the terms specified herein for Non-Qualified Options; and 
 (ii) an Option granted under the Plan and designated by the Committee at the time of grant as an Incentive Stock Option, to the extent such Option fails
to satisfy the requirements for an incentive stock option under section 422 of the Code for any reason. 
 (s)
“Officer” means an officer of the Sponsor (as defined in section 16 of the 1934 Act). 
 (t) “Option” means
any stock option granted under the Plan and described in Paragraph 3(a)(i) or Paragraph 3(a)(ii). 
 (u) “Optionee” means a
person to whom an Option has been granted under the Plan, which Option has not been exercised in full and has not expired or terminated. 
 (v) “Other Available Shares” means, as of any date, the sum of: 
 (i) the total number of Shares owned by an
Optionee that were not acquired by such Optionee pursuant to a Comcast Plan or otherwise in connection with the performance of services to the Sponsor or an Affiliate; plus 
 (ii) the excess, if any of: 
 (A) the total
number of Shares owned by an Optionee other than the Shares described in Paragraph 2(v)(i); over 
 (B) the sum of: 
 (1) the number of such Shares owned by such Optionee for less than six months; plus 
  

 -3- 

 (2) the number of such Shares owned by such Optionee that has, within the preceding six months, been the
subject of a withholding certification pursuant to Paragraph 15(b) or any similar withholding certification under any other Comcast Plan; plus 
 (3) the number of such Shares owned by such Optionee that has, within the preceding six months, been received in exchange for Shares surrendered as payment, in full or in part, or as to which ownership was attested to as payment, in full or
in part, of the exercise price for an option to purchase any securities of the Sponsor or an Affiliate of the Sponsor, under any Comcast Plan, but only to the extent of the number of Shares surrendered or attested to; plus 
 (4) the number of such Shares owned by such Optionee as to which evidence of ownership has, within the preceding six months, been provided to the
Sponsor in connection with the crediting of “Deferred Stock Units” to such Optionee’s Account under the Comcast Corporation 2002 Deferred Stock Option Plan (as in effect from time to time). 
 For purposes of this Paragraph 2(v), a Share that is subject to a deferral election pursuant to another Comcast Plan shall not be treated as owned by an Optionee until
all conditions to the delivery of such Share have lapsed. The number of Other Available Shares shall be determined separately for Common Stock and for Special Common Stock. For purposes of determining the number of Other Available Shares, the term
“Shares” shall also include the securities held by a Participant immediately before the consummation of the AT&T Broadband Transaction that became Common Stock or Special Common Stock as a result of the AT&T Broadband Transaction.

 (w) “Outside Director” means a member of the Board who is an “outside director” within the meaning of section
162(m)(4)(C) of the Code and applicable Treasury Regulations issued thereunder. 
 (x) “Person” means an individual, a
corporation, a partnership, an association, a trust or any other entity or organization. 
 (y) “Plan” means the Comcast
Corporation 2002 Stock Option Plan. 
 (z) “Share” or “Shares.” 
 (i) Except as provided in this Paragraph 2(z), a share or shares Common Stock; 
 (ii) For purposes of Paragraphs 2(v), 7(d) and Paragraph 15, the term “Share” or “Shares” also means a share or shares of Special
Common Stock. 
  

 -4- 

 (iii) The term “Share” or “Shares” also means such other securities issued by the
Sponsor as may be the subject of an adjustment under Paragraph 10, or for purposes of Paragraph 2(v) and Paragraph 15, as may have been the subject of a similar adjustment under similar provisions of a Comcast Plan as now in effect or as may
have been in effect before the AT&T Broadband Transaction. 
 (aa) “Special Common Stock” means the Sponsor’s
Class A Special Common Stock, par value $0.01. 
 (bb) “Sponsor” means Comcast Corporation, a Pennsylvania corporation,
including any successor thereto by merger, consolidation, acquisition of all or substantially all the assets thereof, or otherwise. 
 (cc)
“Subsidiary Companies” means all business entities that, at the time in question, are subsidiaries of the Sponsor within the meaning of section 424(f) of the Code. 
 (dd) “Ten Percent Shareholder” means a person who on the Date of Grant owns, either directly or within the meaning of the attribution
rules contained in section 424(d) of the Code, stock possessing more than 10% of the total combined voting power of all classes of stock of his employer corporation or of its parent or subsidiary corporations, as defined respectively in sections
424(e) and (f) of the Code, provided that the employer corporation is a Company. 
 (ee) “Terminating Event” means any
of the following events: 
 (i) the liquidation of the Sponsor; or 
 (ii) a Change of Control. 
 (ff)
“Third Party” means any Person other than a Company, together with such Person’s Affiliates, provided that the term “Third Party” shall not include the Sponsor or an Affiliate of the Sponsor. 
 (gg) “1933 Act” means the Securities Act of 1933, as amended. 
 (hh) “1934 Act” means the Securities Exchange Act of 1934, as amended. 
  

	 	3.	Rights To Be Granted 

 (a) Types of Options and
Other Rights Available for Grant. Rights that may be granted under the Plan are: 
 (i) Incentive Stock Options, which give an Optionee who
is an employee of a Company the right for a specified time period to purchase a specified number of Shares for a price not less than the Fair Market Value on the Date of Grant. 
  

 -5- 

 (ii) Non-Qualified Options, which give the Optionee the right for a specified time period to purchase a
specified number of Shares for a price determined by the Committee; and 
 (iii) Cash Rights, which give an Optionee the right for a
specified time period, and subject to such conditions, if any, as shall be determined by the Committee and stated in the option document, to receive a cash payment of such amount per Share as shall be determined by the Committee and stated in the
option document, in lieu of exercising a Non-Qualified Option. 
 (b) Limit on Grant of Options. The maximum number of Shares for
which Options may be granted to any single individual in any calendar year, adjusted as provided in Paragraph 10, shall be 15,000,000 Shares. 
  

	 	4.	Shares Subject to Plan 

 Subject to adjustment as
provided in Paragraph 10, not more than 105 million Shares in the aggregate may be issued pursuant to the Plan upon exercise of Options, provided that subject to the approval of the Sponsor’s shareholders at the Sponsor’s Annual
Meeting of Shareholders to be held in 2008 (the “2008 Annual Meeting”), the number of Shares in the aggregate that may be issued under the Plan, pursuant to the grant of Awards, subject to adjustment in accordance with Paragraph 10, shall
be increased from 105 million to 139 million. Shares delivered pursuant to the exercise of an Option may, at the Sponsor’s option, be either treasury Shares or Shares originally issued for such purpose. If (a) an Option covering
Shares terminates or expires without having been exercised in full, (b) the Sponsor withholds Shares to satisfy its minimum tax withholding requirements as provided in Paragraph 15(b) and Paragraph 15(c) or (c) effective February 28,
2007, an Option covering Shares is exercised pursuant to the cashless exercise provisions of Paragraph 7(d)(iv), other Options may be granted covering the Shares as to which the Option terminated or expired, covering the Shares so withheld to
satisfy the Sponsor’s minimum tax withholding requirements or covering the Shares that were subject to such Option but not delivered because of the application of such cashless exercise provisions, as applicable. 
  

	 	5.	Administration of Plan 

 (a) Committee. The
Plan shall be administered by the Compensation Committee of the Board or any other committee or subcommittee designated by the Board, provided that the committee administering the Plan is composed of two or more non-employee members of the Board,
each of whom is an Outside Director. 
 (b) Delegation of Authority. 
 (i) Named Executive Officers and Section 16(b) Officers. All authority with respect to the grant, amendment, interpretation and
administration of Options with respect to any employee or officer of a Company who is either (x) a Named Executive Officer (i.e., an officer who is required to be listed in the Company’s Proxy Statement Compensation Table) or
(y) is subject to the short-swing profit recapture rules of section 16(b) of the 1934 Act, is reserved to the Committee. 
  

 -6- 

 (ii) Senior Officers and Highly Compensated Employees. The Committee may delegate to a committee
consisting of the Chairman of the Committee and one or more officers of the Company designated by the Committee, discretion under the Plan to grant, amend, interpret and administer Options with respect to any employee or officer of a Company who
(x) holds a position with Comcast Corporation of Senior Vice President or a position of higher rank than Senior Vice President or (y) has a base salary of $500,000 or more, provided that an Option granted pursuant to this delegated
authority may not have an exercise price per Share that is less than the Fair Market Value on the Date of Grant. 
 (iii) Other
Employees. The Committee may delegate to an officer of the Company, or a committee of two or more officers of the Company, discretion under the Plan to grant, amend, interpret and administer Options with respect to any employee or officer of a
Company other than an employee or officer described in Paragraph 5(b)(i) or Paragraph 5(b)(ii), provided that an Option granted pursuant to this delegated authority may not have an exercise price per Share that is less than the Fair Market Value on
the Date of Grant. 
 (iv) Termination of Delegation of Authority. Delegation of authority as provided under this Paragraph 5(b)
shall continue in effect until the earliest of: 
 (x) such time as the Committee shall, in its discretion, revoke such delegation of
authority; 
 (y) in the case of delegation under Paragraph 5(b)(ii), the delegate shall cease to serve as Chairman of the Committee or
serve as an employee of the Company for any reason, as the case may be and in the case of delegation under Paragraph 5(b)(iii), the delegate shall cease to serve as an employee of the Company for any reason; or 
 (z) the delegate shall notify the Committee that he declines to continue to exercise such authority. 
 (c) Meetings. The Committee shall hold meetings at such times and places as it may determine. Acts approved at a meeting by a majority of the
members of the Committee or acts approved by the unanimous consent of the members of the Committee shall be the valid acts of the Committee. 
 (d) Exculpation. No member of the Committee shall be personally liable for monetary damages for any action taken or any failure to take any action in connection with the administration of the Plan or the granting of Options
thereunder unless (i) the member of the Committee has breached or failed to perform the duties of his office, and (ii) the breach or failure to perform constitutes self-dealing, willful misconduct or recklessness; provided, however,
that the provisions of this Paragraph 5(d) shall not apply to the responsibility or liability of a member of the Committee pursuant to any criminal statute. 
 (e) Indemnification. Service on the Committee shall constitute service as a member of the Board. Each member of the Committee shall be entitled without further act on his part to indemnity from the Sponsor to
the fullest extent provided by applicable law and the Sponsor’s By-laws in connection with or arising out of any actions, suit or proceeding with 

  

 -7- 

 
respect to the administration of the Plan or the granting of Options thereunder in which he may be involved by reasons of his being or having been a member
of the Committee, whether or not he continues to be such member of the Committee at the time of the action, suit or proceeding. 
  

	 	6.	Eligibility 

 (a) Eligible individuals to whom
Options may be granted shall be employees, officers or directors of a Company who are selected by the Committee for the grant of Options. Eligible individuals to whom Cash Rights may be granted shall be individuals who are employees of a Company on
the Date of Grant other than Officers. The terms and conditions of Options granted to individuals other than Non-Employee Directors shall be determined by the Committee, subject to Paragraph 7. The terms and conditions of Cash Rights shall be
determined by the Committee, subject to Paragraph 7. The terms and conditions of Options granted to Non-Employee Directors shall be determined by the Board, subject to Paragraph 7. 
 (b) An Incentive Stock Option shall not be granted to a Ten Percent Shareholder except on such terms concerning the option price and term as are provided
in Paragraph 7(b) and 7(g) with respect to such a person. An Option designated as Incentive Stock Option granted to a Ten Percent Shareholder but which does not comply with the requirements of the preceding sentence shall be treated as a
Non-Qualified Option. An Option designated as an Incentive Stock Option shall be treated as a Non-Qualified Option if the Optionee is not an employee of a Company on the Date of Grant. 
  

	 	7.	Option Documents and Terms—In General 

 All
Options granted to Optionees shall be evidenced by option documents. The terms of each such option document for any Optionee who is an employee of a Company shall be determined from time to time by the Committee, and the terms of each such option
document for any Optionee who is a Non-Employee Director shall be determined from time to time by the Board, consistent, however, with the following: 
 (a) Time of Grant. All Options shall be granted on or before February 25, 2013, provided that subject to the approval of the Sponsor’s shareholders at the 2008 Annual Meeting, the last day on which
Options may be granted under the Plan shall be extended from February 25, 2013 to the day before the tenth anniversary of the 2008 Annual Meeting. 
 (b) Option Price. Except as otherwise provided in Section 13(b), the option price per Share with respect to any Option shall be determined by the Committee, provided, however, that with respect to
any Incentive Stock Options, the option price per share shall not be less than 100% of the Fair Market Value of such Share on the Date of Grant, and provided further that with respect to any Incentive Stock Options granted to a Ten Percent
Shareholder, the option price per Share shall not be less than 110% of the Fair Market Value of such Share on the Date of Grant. 
 (c)
Restrictions on Transferability. No Option granted under this Paragraph 7 shall be transferable otherwise than by will or the laws of descent and distribution and, during the lifetime of the Optionee, shall be exercisable only by him or for
his benefit by his attorney-in-fact or guardian; provided that the Committee may, in its discretion, at the time of 

  

 -8- 

 
grant of a Non-Qualified Option or by amendment of an option document for an Incentive Stock Option or a Non-Qualified Option, provide that Options granted
to or held by an Optionee may be transferred, in whole or in part, to one or more transferees and exercised by any such transferee; provided further that (i) any such transfer is without consideration and (ii) each transferee is a
Family Member with respect to the Optionee; and provided further that any Incentive Stock Option granted pursuant to an option document which is amended to permit transfers during the lifetime of the Optionee shall, upon the effectiveness of
such amendment, be treated thereafter as a Non-Qualified Option. No transfer of an Option shall be effective unless the Committee is notified of the terms and conditions of the transfer and the Committee determines that the transfer complies with
the requirements for transfers of Options under the Plan and the option document. Any person to whom an Option has been transferred may exercise any Options only in accordance with the provisions of Paragraph 7(g) and this Paragraph 7(c).

 (d) Payment Upon Exercise of Options. With respect to Options granted on and after February 28, 2007, full payment for Shares
purchased upon the exercise of an Option shall be made pursuant to one or more of the following methods as determined by the Committee and set forth in the Option document: 
 (i) In cash; 
 (ii) By certified check
payable to the order of the Sponsor; 
 (iii) By surrendering or attesting to ownership of Shares with an aggregate Fair Market Value equal
to the aggregate option price, provided, however, with respect to Options granted before February 28, 2007, that ownership of Shares may be attested to and Shares may be surrendered in satisfaction of the option price only if the
Optionee certifies in writing to the Sponsor that the Optionee owns a number of Other Available Shares as of the date the Option is exercised that is at least equal to the number of Shares as to which ownership has been attested, or the number of
Shares to be surrendered in satisfaction of the Option Price, as applicable; provided further, however, that the option price may not be paid in Shares if the Committee determines that such method of payment would result in liability under
section 16(b) of the 1934 Act to an Optionee. Except as otherwise provided by the Committee, if payment is made in whole or in part by surrendering Shares, the Optionee shall deliver to the Sponsor certificates registered in the name of such
Optionee representing Shares legally and beneficially owned by such Optionee, free of all liens, claims and encumbrances of every kind and having a Fair Market Value on the date of delivery that is equal to or greater than the aggregate option price
for the Option Shares subject to payment by the surrender of Shares, accompanied by stock powers duly endorsed in blank by the record holder of the Shares represented by such certificates; and if payment is made in whole or in part by attestation of
ownership, the Optionee shall attest to ownership of Shares representing Shares legally and beneficially owned by such Optionee, free of all liens, claims and encumbrances of every kind and having a Fair Market Value on the date of attestation that
is equal to or greater than the aggregate option price for the Option Shares subject to payment by attestation of Share ownership. The Committee may impose such limitations and prohibitions on attestation or ownership of Shares and the use of Shares
to exercise an Option as it deems appropriate; or 
  

 -9- 

 (iv) Via cashless exercise, such that subject to the other terms and conditions of the Plan, following
the date of exercise, the Company shall deliver to the Optionee Shares having a Fair Market Value, as of the date of exercise, equal to the excess, if any, of (A) the Fair Market Value of such Shares on the date of exercise of the Option over
(B) the sum of (I) the aggregate Option Price for such Shares, plus (II) the applicable tax withholding amounts (as determined pursuant to Paragraph 15) for such exercise; provided that in connection with such cashless exercise that would
not result in the issuance of a whole number of Shares, the Company shall withhold cash that would otherwise be payable to the Optionee from its regular payroll or the Optionee shall deliver cash or a certified check payable to the order of the
Company for the balance of the option price for a whole Share to the extent necessary to avoid the issuance of a fractional Share or the payment of cash by the Company (as provided in Paragraph 7(e)). 
 Except as authorized by the Committee and agreed to by an Optionee, with respect to Options granted before February 28, 2007, the payment methods described in
Paragraph 7(d)(i), (ii) and (iii) shall, to the extent so provided in an Option document, be the exclusive payment methods, provided that the Committee may, in its sole discretion, and subject to the Optionee’s written consent on a
form provided by the Committee, authorize Option documents covering Options granted before February 28, 2007 to be amended to provide that the payment method described in Paragraph 7(d)(iv) shall be an additional or the exclusive payment
method. 
 (e) Issuance of Certificate Upon Exercise of Options; Payment of Cash. For purposes of the Plan, the Sponsor may satisfy
its obligation to deliver Shares following the exercise of Options either by (i) delivery of a physical certificate for Shares issuable on the exercise of Options or (ii) arranging for the recording of Optionee’s ownership of Shares
issuable on the exercise of Options on a book entry recordkeeping system maintained on behalf of the Sponsor. Only whole Shares shall be issuable upon exercise of Options. No fractional Shares shall be issued. Any right to a fractional Share shall
be satisfied in cash. Following the exercise of an Option and the satisfaction of the conditions of Paragraph 9, the Sponsor shall deliver to the Optionee the number of whole Shares issuable on the exercise of an Option and a check for the Fair
Market Value on the date of exercise of any fractional Share to which the Optionee is entitled. 
 (f) Termination of Employment. For
purposes of the Plan, a transfer of an employee between two employers, each of which is a Company, shall not be deemed a termination of employment. For purposes of Paragraph 7(g), an Optionee’s termination of employment shall be deemed to
occur on the date an Optionee ceases to have a regular obligation to perform services for a Company, without regard to whether (i) the Optionee continues on the Company’s payroll for regular, severance or other pay or (ii) the
Optionee continues to participate in one or more health and welfare plans maintained by the Company on the same basis as active employees. Whether an Optionee ceases to have a regular obligation to perform services for a Company shall be determined
by the Committee in its sole discretion. Notwithstanding the foregoing, if an Optionee is a party to an employment agreement or severance agreement with a Company which establishes the effective date of such Optionee’s termination of employment
for purposes of this Paragraph 7(f), that date shall apply. For an Optionee who is a Non-Employee Director, all references to any termination of employment shall be treated as a termination of service to the Sponsor as a Non-Employee Director.

  

 -10- 

 (g) Periods of Exercise of Options. An Option shall be exercisable in whole or in part at such
time or times as may be determined by the Committee and stated in the option document, provided, however, that if the grant of an Option would be subject to section 16(b) of the 1934 Act, unless the requirements for exemption therefrom in Rule
16b-3(c)(1), under such Act, or any successor provision, are met, the option document for such Option shall provide that such Option is not exercisable until not less than six months have elapsed from the Date of Grant. Except as otherwise provided
by the Committee in its discretion, no Option shall first become exercisable following an Optionee’s termination of employment for any reason; provided further, that: 
 (i) In the event that an Optionee terminates employment with the Company for any reason other than death or Cause, any Option held by such Optionee and
which is then exercisable shall be exercisable for a period of 90 days following the date the Optionee terminates employment with the Company (unless a longer period is established by the Committee); provided, however, that if such termination of
employment with the Company is due to the Disability of the Optionee, he shall have the right to exercise those of his Options which are then exercisable for a period of one year following such termination of employment (unless a longer period is
established by the Committee); provided, however, that in no event shall an Incentive Stock Option be exercisable after five years from the Date of Grant in the case of a grant to a Ten Percent Shareholder, nor shall any other Option be exercisable
after ten years from the Date of Grant. 
 (ii) In the event that an Optionee terminates employment with the Company by reason of his death,
any Option held at death by such Optionee which is then exercisable shall be exercisable for a period of one year from the date of death (unless a longer period is established by the Committee) by the person to whom the rights of the Optionee shall
have passed by will or by the laws of descent and distribution; provided, however, that in no event shall an Incentive Stock Option be exercisable after five years from the Date of Grant in the case of a grant to a Ten Percent Shareholder,
nor shall any other Option be exercisable after ten years from the Date of Grant. 
 (iii) In the event that an Optionee’s employment
with the Company is terminated for Cause, each unexercised Option held by such Optionee shall terminate and cease to be exercisable; provided further, that in such event, in addition to immediate termination of the Option, the Optionee, upon
a determination by the Committee shall automatically forfeit all Shares otherwise subject to delivery upon exercise of an Option but for which the Sponsor has not yet delivered the Share certificates, upon refund by the Sponsor of the option price.

 (h) Date of Exercise. The date of exercise of an Option shall be the date on which written notice of exercise, addressed to the
Sponsor at its main office to the attention of its Secretary, is hand delivered, telecopied or mailed first class postage prepaid; provided, however, that the Sponsor shall not be obligated to deliver any certificates for Shares pursuant to
the exercise of an Option until the Optionee shall have made payment in full of the option price for such Shares. Each such exercise shall be irrevocable when given. Each notice of exercise must (i) specify the Incentive Stock Option,
Non-Qualified Option or combination thereof being exercised; and (ii) if applicable, include a statement of preference (which shall 

  

 -11- 

 
binding on and irrevocable by the Optionee but shall not be binding on the Committee) as to the manner in which payment to the Sponsor shall be made. Each
notice of exercise shall also comply with the requirements of Paragraph 15. 
 (i) Cash Rights. The Committee may, in its sole
discretion, provide in an option document for an eligible Optionee that Cash Rights shall be attached to Non-Qualified Options granted under the Plan. All Cash Rights that are attached to Non-Qualified Options shall be subject to the following
terms: 
 (i) Such Cash Right shall expire no later than the Non-Qualified Option to which it is attached. 
 (ii) Such Cash Right shall provide for the cash payment of such amount per Share as shall be determined by the Committee and stated in the option
document. 
 (iii) Such Cash Right shall be subject to the same restrictions on transferability as the Non-Qualified Option to which it is
attached. 
 (iv) Such Cash Right shall be exercisable only when such conditions to exercise as shall be determined by the Committee and
stated in the option document, if any, have been satisfied. 
 (v) Such Cash Right shall expire upon the exercise of the Non-Qualified
Option to which it is attached. 
 (vi) Upon exercise of a Cash Right that is attached to a Non-Qualified Option, the Option to which the
Cash Right is attached shall expire. 
  

	 	8.	Limitation on Exercise of Incentive Stock Options 

 The aggregate Fair Market Value (determined as of the time Options are granted) of the Shares with respect to which Incentive Stock Options may first become exercisable by an Optionee in any one calendar year under the Plan and any other
plan of the Company shall not exceed $100,000. The limitations imposed by this Paragraph 8 shall apply only to Incentive Stock Options granted under the Plan, and not to any other options or stock appreciation rights. In the event an individual
receives an Option intended to be an Incentive Stock Option which is subsequently determined to have exceeded the limitation set forth above, or if an individual receives Options that first become exercisable in a calendar year (whether pursuant to
the terms of an option document, acceleration of exercisability or other change in the terms and conditions of exercise or any other reason) that have an aggregate Fair Market Value (determined as of the time the Options are granted) that exceeds
the limitations set forth above, the Options in excess of the limitation shall be treated as Non-Qualified Options. 
  

	 	9.	Rights as Shareholders 

 An Optionee shall not have
any right as a shareholder with respect to any Shares subject to his Options until the Option shall have been exercised in accordance with the terms of the Plan and the option document and the Optionee shall have paid the full purchase price for the

  

 -12- 

 
number of Shares in respect of which the Option was exercised and the Optionee shall have made arrangements acceptable to the Sponsor for the payment of
applicable taxes consistent with Paragraph 15. 
  

	 	10.	Changes in Capitalization 

 In the event that Shares
are changed into or exchanged for a different number or kind of shares of stock or other securities of the Sponsor, whether through merger, consolidation, reorganization, recapitalization, stock dividend, stock split-up or other substitution of
securities of the Sponsor, the Board shall make appropriate equitable anti-dilution adjustments to the number and class of shares of stock available for issuance under the Plan, and subject to outstanding Options, and to the option prices and the
amounts payable pursuant to any Cash Rights. Any reference to the option price in the Plan and in option documents shall be a reference to the option price as so adjusted. Any reference to the term “Shares” in the Plan and in option
documents shall be a reference to the appropriate number and class of shares of stock available for issuance under the Plan, as adjusted pursuant to this Paragraph 10. The Board’s adjustment shall be effective and binding for all purposes of
this Plan. 
  

	 	11.	Terminating Events 

 (a) The Sponsor shall give
Optionees at least thirty (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. Upon receipt of such notice, and for a
period of ten (10) days thereafter (or such shorter period as the Board shall reasonably determine and so notify the Optionees), each Optionee shall be permitted to exercise the Option to the extent the Option is then exercisable; provided
that, the Sponsor may, by similar notice, require the Optionee to exercise the Option, to the extent the Option is then exercisable, or to forfeit the Option (or portion thereof, as applicable). The Committee may, in its discretion, provide that
upon the Optionee’s receipt of the notice of a Terminating Event under this Paragraph 11(a), the entire number of Shares covered by Options shall become immediately exercisable. 
 (b) Notwithstanding Paragraph 11(a), in the event the Terminating Event is not consummated, the Option shall be deemed not to have been exercised
and shall be exercisable thereafter to the extent it would have been exercisable if no such notice had been given. 
  

	 	12.	Interpretation 

 The Committee shall have the power
to interpret the Plan and to make and amend rules for putting it into effect and administering it. It is intended that the Incentive Stock Options granted under the Plan shall constitute incentive stock options within the meaning of section 422 of
the Code, and that Shares transferred pursuant to the exercise of Non-Qualified Options shall constitute property subject to federal income tax pursuant to the provisions of section 83 of the Code. The provisions of the Plan shall be interpreted and
applied insofar as possible to carry out such intent. 
  

 -13- 

	 	13.	Amendments 

 (a) In General. The Board or the
Committee may amend the Plan from time to time in such manner as it may deem advisable. Nevertheless, neither the Board nor the Committee may, without obtaining approval within twelve months before or after such action by such vote of the
Sponsor’s shareholders as may be required by Pennsylvania law for any action requiring shareholder approval, or by a majority of votes cast at a duly held shareholders’ meeting at which a majority of all voting stock is present and voting
on such amendment, either in person or in proxy (but not, in any event, less than the vote required pursuant to Rule 16b-3(b) under the 1934 Act) change the class of individuals eligible to receive an Incentive Stock Option, extend the expiration
date of the Plan, decrease the minimum option price of an Incentive Stock Option granted under the Plan or increase the maximum number of shares as to which Options may be granted, except as provided in Paragraph 10 hereof. 
 (b) Repricing of Options. Notwithstanding any provision in the Plan to the contrary, neither the Board nor the Committee may, without obtaining
prior approval by the Sponsor’s shareholders, reduce the option price of any issued and outstanding Option granted under the Plan at any time during the term of such option (other than by adjustment pursuant to Paragraph 10 relating to Changes
in Capitalization). This Paragraph 13(b) may not be repealed, modified or amended without the prior approval of the Sponsor’s shareholders. 
  

	 	14.	Securities Law 

 (a) In General. The
Committee shall have the power to make each grant under the Plan subject to such conditions as it deems necessary or appropriate to comply with the then-existing requirements of the 1933 Act or the 1934 Act, including Rule 16b-3 (or any similar
rule) of the Securities and Exchange Commission. 
 (b) Acknowledgment of Securities Law Restrictions on Exercise. To the extent
required by the Committee, unless the Shares subject to the Option are covered by a then current registration statement or a Notification under Regulation A under the 1933 Act, each notice of exercise of an Option shall contain the Optionee’s
acknowledgment in form and substance satisfactory to the Committee that: 
 (i) the Shares subject to the Option are being purchased for
investment and not for distribution or resale (other than a distribution or resale which, in the opinion of counsel satisfactory to the Sponsor, may be made without violating the registration provisions of the Act); 
 (ii) the Optionee has been advised and understands that (A) the Shares subject to the Option have not been registered under the 1933 Act and are
“restricted securities” within the meaning of Rule 144 under the 1933 Act and are subject to restrictions on transfer and (B) the Sponsor is under no obligation to register the Shares subject to the Option under the 1933 Act or to
take any action which would make available to the Optionee any exemption from such registration; 
 (iii) the certificate evidencing the
Shares may bear a restrictive legend; and 
  

 -14- 

 (iv) the Shares subject to the Option may not be transferred without compliance with all applicable
federal and state securities laws. 
 (c) Delay of Exercise Pending Registration of Securities. Notwithstanding any provision in the
Plan or an option document to the contrary, if the Committee determines, in its sole discretion, that issuance of Shares pursuant to the exercise of an Option should be delayed pending registration or qualification under federal or state securities
laws or the receipt of a legal opinion that an appropriate exemption from the application of federal or state securities laws is available, the Committee may defer exercise of any Option until such Shares are appropriately registered or qualified or
an appropriate legal opinion has been received, as applicable. 
  

	 	15.	Withholding of Taxes on Exercise of Option 

 (a)
Whenever the Company proposes or is required to deliver or transfer Shares in connection with the exercise of an Option, the Company shall have the right to (i) require the recipient to remit to the Sponsor an amount sufficient to satisfy any
federal, state and local withholding tax requirements prior to the delivery or transfer of any certificate or certificates for such Shares or (ii) take any action whatever that it deems necessary to protect its interests with respect to tax
liabilities. The Sponsor’s obligation to make any delivery or transfer of Shares on the exercise of an Option shall be conditioned on the recipient’s compliance, to the Sponsor’s satisfaction, with any withholding requirement. In
addition, if the Committee grants Options or amends option documents to permit Options to be transferred during the life of the Optionee, the Committee may include in such option documents such provisions as it determines are necessary or
appropriate to permit the Company to deduct compensation expenses recognized upon exercise of such Options for federal or state income tax purposes. 
 (b) Except as otherwise provided in this Paragraph 15(b), any tax liabilities incurred in connection with the exercise of an Option under the Plan other than an Incentive Stock Option shall be satisfied by the
Sponsor’s withholding a portion of the Shares underlying the Option exercised having a Fair Market Value approximately equal to the minimum amount of taxes required to be withheld by the Sponsor under applicable law, unless otherwise determined
by the Committee with respect to any Optionee. Notwithstanding the foregoing, the Committee may permit an Optionee to elect one or both of the following: (i) to have taxes withheld in excess of the minimum amount required to be withheld by the
Sponsor under applicable law; provided that the Optionee certifies in writing to the Sponsor that the Optionee owns a number of Other Available Shares having a Fair Market Value that is at least equal to the Fair Market Value of Option Shares to be
withheld by the Company for the then-current exercise on account of withheld taxes in excess of such minimum amount, and (ii) to pay to the Sponsor in cash all or a portion of the taxes to be withheld upon the exercise of an Option. In all
cases, the Shares so withheld by the Company shall have a Fair Market Value that does not exceed the amount of taxes to be withheld minus the cash payment, if any, made by the Optionee. Any election pursuant to this Paragraph 15(b) must be in
writing made prior to the date specified by the Committee, and in any event prior to the date the amount of tax to be withheld or paid is determined. An election pursuant to this Paragraph 15(b) may be made only by an Optionee or, in the event of
the Optionee’s death, by the Optionee’s legal representative. Shares withheld pursuant to this Paragraph 15(b) up to the minimum amount of taxes required to 

  

 -15- 

 
be withheld by the Sponsor under applicable law shall not be treated as having been issued under the Plan and shall continue to be available for subsequent
grants under the Plan. Shares withheld pursuant to this Paragraph 15(b) in excess of the number of Shares described in the immediately preceding sentence shall not be available for subsequent grants under the Plan. The Committee may add such other
requirements and limitations regarding elections pursuant to this Paragraph 15(b) as it deems appropriate. 
 (c) Except as otherwise
provided in this Paragraph 15(c), any tax liabilities incurred in connection with the exercise of an Incentive Stock Option under the Plan shall be satisfied by the Optionee’s payment to the Sponsor in cash all of the taxes to be withheld
upon exercise of the Incentive Stock Option. Notwithstanding the foregoing, the Committee may permit an Optionee to elect to have the Sponsor withhold a portion of the Shares underlying the Incentive Stock Option exercised having a Fair Market Value
approximately equal to the minimum amount of taxes required to be withheld by the Sponsor under applicable law. Any election pursuant to this Paragraph 15(c) must be in writing made prior to the date specified by the Committee, and in any event
prior to the date the amount of tax to be withheld or paid is determined. An election pursuant to this Paragraph 15(c) may be made only by an Optionee or, in the event of the Optionee’s death, by the Optionee’s legal representative. Shares
withheld pursuant to this Paragraph 15(c) up to the minimum amount of taxes required to be withheld by the Sponsor under applicable law shall not be treated as having been issued under the Plan and shall continue to be available for subsequent
grants under the Plan. Shares withheld pursuant to this Paragraph 15(c) in excess of the number of Shares described in the immediately preceding sentence shall not be available for subsequent grants under the Plan. The Committee may add such other
requirements and limitations regarding elections pursuant to this Paragraph 15(c) as it deems appropriate. 
  

	 	16.	Effective Date and Term of Plan 

 This amendment and
restatement of the Plan shall be effective February 12, 2008. The Plan shall expire on February 25, 2013, unless sooner terminated by the Board, provided that subject to the approval of the Sponsor’s shareholders at the 2008 Annual
Meeting, the expiration date of the Plan shall be extended from February 25, 2013 to the day before the tenth anniversary of the 2008 Annual Meeting, unless sooner terminated by the Board. 
  

	 	17.	General 

 Each Option shall be evidenced by a
written instrument containing such terms and conditions not inconsistent with the Plan as the Committee may determine. The issuance of Shares on the exercise of an Option shall be subject to all of the applicable requirements of the corporation law
of the Sponsor’s state of incorporation and other applicable laws, including federal or state securities laws, and all Shares issued under the Plan shall be subject to the terms and restrictions contained in the Articles of Incorporation and
By-Laws of the Sponsor, as amended from time to time. 
  

 -16- 

 Executed as of the 24th day of March, 2008. 
  

			
	COMCAST CORPORATION
		
	By:	 	 /s/ David L. Cohen

		
	Attest:	 	 /s/ Arthur R. Block

  

 -17-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00141-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00141-of-00352.parquet"}]]