Document:

Comcast Corporation 2006 Cash Bonus Plan, as amended and restated

 Exhibit 10.5 
 COMCAST CORPORATION 
 2006 CASH BONUS PLAN 

(Amended and Restated, Effective February 22, 2011) 
 1. BACKGROUND AND PURPOSE 
 Comcast Corporation, a Pennsylvania corporation,
hereby amends and restates the Comcast Corporation 2006 Cash Bonus Plan (the “Plan”), effective as of February 22, 2011. The Plan was originally adopted effective January 1, 2006. The Plan is the successor to the Comcast
Corporation 2002 Cash Bonus Plan (the “2002 CB Plan”), the Comcast Corporation 2002 Executive Cash Bonus Plan (the “Executive Plan”), the Comcast Corporation 2002 Supplemental Cash Bonus Plan (the “Supplemental Plan”)
and the Comcast Corporation 2004 Management Achievement Plan (the “MAP”). The purpose of the Plan is to provide management employees of Comcast Corporation (the “Company”) and the Company’s Affiliates (as defined below) with
an incentive to accomplish such business objectives as from time to time may be determined by the Committee. 
 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) “Award” means a cash bonus award granted under the Plan. An Award shall be expressed as the
percentage of a Grantee’s base salary payable for a Plan Year that shall become payable if the Targets established by the Committee are satisfied. The portion of an Award that shall be payable to a Grantee shall be determined by the Committee
in accordance with the rules established for the Award for each Plan Year. 
 (c) “Board” means the Board of
Directors of the Company. 
 (d) “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 Company such that such Person has the ability to direct the management of the Company, 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. 

 (e) “Committee” means the Compensation Committee of the Board, provided
that all references to the Committee shall be treated as references to the Committee’s delegate with respect to any Award granted within the scope of the delegate’s authority pursuant to Paragraph 3(c). 

(f) “Company” means Comcast Corporation, a Pennsylvania corporation, including any successor thereto by merger,
consolidation, acquisition of all or substantially all the assets thereof, or otherwise. 
 (g) “Date of Grant”
means the date on which an Award is granted. 
 (h) “Disability” means: 

(i) A Grantee’s substantially inability to perform the Grantee’s employment duties due to partial or total disability or
incapacity resulting from a mental or physical illness, injury or other health-related cause for a period of twelve (12) consecutive months or for a cumulative period of fifty-two (52) weeks in any twenty-four (24) consectutive-month
period; or 
 (ii) If more favorable to the Grantee, “Disability” as it may be defined in such Grantee’s
employment agreement between the Grantee and the Company or an Affiliate, if any. 
 (i) “Eligible Employee”
means an employee of the Company or an Affiliate, as determined by the Committee. 
 (j) “Grantee” means an
Eligible Employee who is granted an Award. 
 (k) “Person” means an individual, a corporation, a partnership,
an association, a trust or any other entity or organization. 
 (l) “Plan” means the Comcast Corporation 2006
Cash Bonus Plan as set forth herein, and as amended from time to time. 
 (m) “Plan Year” means the calendar
year. 
 (n) “Qualitative Performance Standards” means performance standards other than Quantitative
Performance Standards, including but not limited to customer service, management effectiveness, workforce diversity and other Qualitative Performance Standards relevant to the Company’s business, as may be established by the Committee, and the
achievement of which shall be determined in the discretion of the Committee. 
 (o) “Quantitative Performance
Standards” means performance standards such as income, expense, operating cash flow, capital spending, numbers of customers of or subscribers for various services and products offered by the Company or a division, customer service
measurements and other objective financial or service-based standards relevant to the Company’s business as may be established by the Committee. 

  
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 (p) “Retirement” means termination of employment with the Company and its
Affiliates after reaching age 57 and completing 10 or more years of service. 
 (q) “Section 16(b) Officer”
means an officer of the Company who is subject to the short-swing profit recapture rules of section 16(b) of the 1934 Act. 

(r) “Section 162(m) Award” means an Award granted to an individual who, at the Date of Grant, is a “covered
employee” within the meaning of section 162(m)(3) of the Code that is designated as a Section 162(m) Award and under which payment is conditioned on the achievement of one or more Quantitative Performance Standards. 

(s) “Target” means, for any Plan Year, the Qualitative Performance Standards and the Quantitative Performance Standards
established by the Committee, in its discretion. Qualitative Performance Standards, Quantitative Performance Standards and the weighting of such Standards may differ from Plan Year to Plan Year, and within a Plan Year, may differ among Grantees or
classes of Grantees. 
 (t) “Terminating Event” means any of the following events: 

 

	 	(i)	the liquidation of the Company; or 

  

	 	(ii)	a Change of Control. 

 (u)
“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. 

3. ADMINISTRATION OF THE PLAN 
 (a) Administration. The Plan shall be administered by the Committee. The Committee shall have the power and duty to do all things necessary or convenient to effect the intent and purposes of the
Plan and not inconsistent with any of the provisions hereof, whether or not such powers and duties are specifically set forth herein, and, by way of amplification and not limitation of the foregoing, the Committee shall have the power to:

 (i) provide rules and regulations for the management, operation and administration of the Plan, and, from time to time, to
amend or supplement such rules and regulations; 
 (ii) construe the Plan, which construction, as long as made in good faith,
shall be final and conclusive upon all parties hereto; 
 (iii) correct any defect, supply any omission, or reconcile any
inconsistency in the Plan in such manner and to such extent as it shall deem expedient to carry the same into effect, and it shall be the sole and final judge of when such action shall be appropriate; and 

  
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 (iv) determine whether the conditions to the payment of a cash bonus pursuant to an Award
have been satisfied. 
 The resolution of any questions with respect to payments and entitlements pursuant to the provisions of the Plan shall
be determined by the Committee, and all such determinations shall be final and conclusive. 
 (b) Grants. Subject to the
express terms and conditions set forth in the Plan, the Committee shall have the power, from time to time, to select those Eligible Employees to whom Awards shall be granted under the Plan, to determine the amount of cash to be paid pursuant to each
Award, and, pursuant to the provisions of the Plan, to determine the terms and conditions of each Award. 
 (c) Delegation of
Authority. The Committee may delegate its authority with respect to the grant, amendment, interpretation and administration of grants to a person, persons or committee, in its sole and absolute discretion. Actions taken by the Committee’s
duly-authorized delegate shall have the same force and effect as actions taken by the Committee. Any delegation of authority pursuant to this Paragraph 3(c) shall continue in effect until the earliest of: 

(i) such time as the Committee shall, in its sole and absolute discretion, revoke such delegation of authority; 

(ii) in the case of delegation to a person that is conditioned on such person’s continued service as an employee of the Company or
as a member of the Board, the date such delegate shall cease to serve in such capacity for any reason; or 
 (iii) the delegate
shall notify the Committee that he or she declines to continue to exercise such authority. 
 (d) Grantee Information.
The Company shall furnish to the Committee in writing all information the Company deems appropriate for the Committee to exercise its powers and duties in administration of the Plan. Such information shall be conclusive for all purposes of the Plan
and the Committee shall be entitled to rely thereon without any investigation thereof; provided, however, that the Committee may correct any errors discovered in any such information. 

4. ELIGIBILITY 
 Awards may be granted only to Eligible Employees of the Company and its Affiliates, as determined by the Committee. No Awards shall be granted to an individual who is not an Eligible Employee of the
Company or an Affiliate of the Company. 
 5. AWARDS 

The Committee may grant Awards in accordance with the Plan. The terms and conditions of Awards shall be as determined from time to time by
the Committee, consistent, however, with the following: 

  
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 (a) Time of Grant. Awards may be granted at any time from the date of adoption of the
Plan by the Board until the Plan is terminated by the Board or the Committee. 
 (b) Non-uniformity of Awards. The
provisions of Awards need not be the same with respect to each Grantee. 
 (c) Establishment of Targets and Conditions to
Payment of Awards. 
 (i) Awards shall be expressed as a percentage of a Grantee’s base salary. 

(ii) The Committee shall establish such conditions on the payment of a bonus pursuant to an Award as it may, in its sole discretion,
deem appropriate. 
 (iii) The Award may provide for the payment of Awards in installments, or upon the satisfaction of
Qualitative Performance Standards or Quantitative Performance Standards, on an individual, divisional or Company-wide basis, as determined by the Committee. 
 (iv) For any Section 162(m) Award, the Committee shall establish the Targets for each Plan Year no later than 90 days after the first day of the Plan Year, or, if sooner, within the first 25% of the
Plan Year, provided, however, that the Committee must determine that, as of the date the Quantitative Performance Standards are established, it is substantially uncertain whether the Quantitative Performance Standards will be achieved. 

(v) Each Grantee shall be entitled to receive payment of the Award for a Plan Year only after certification by the Committee that the
Targets established by the Committee for such Plan Year have been satisfied. The Company shall pay the Awards under the Plan to each Grantee as soon as reasonably practicable following the end of each Plan Year, but not later than 2-1/2 months
following the close of such Plan Year. 
 (vi) For purposes of calculating whether any Quantitative Performance Standard has
been met, in the event there is a significant acquisition or disposition of any assets, business division, company or other business operations of the Company or such division or business unit that is reasonably expected to have an effect on the
Quantitative Performance Standard as otherwise determined under the terms of the Plan, the relevant performance objectives shall be adjusted to take into account the impact of such acquisition or disposition by increasing or decreasing such goals in
the same proportion as the relevant performance measure of the Company or such division or business unit would have been affected for the prior performance measurement period on a pro forma basis had such an acquisition or disposition occurred on
the same date during the prior performance measurement period; provided further that such adjustment shall be based upon the historical equivalent of the relevant performance measure of the business or assets so acquired or disposed of for the prior
performance measurement period, as shown by such records as are available to the Company, as further adjusted to reflect any aspects of the transaction that should be taken into account to ensure comparability between amounts in the prior
performance measurement period and the current performance measurement period. 

  
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 (vii) Notwithstanding the determination of the amount of a Grantee’s bonus payable
with respect to any Plan Year under the Plan, the Committee shall have the discretion to reduce or eliminate the bonus otherwise payable to a Grantee if it determines that such a reduction or elimination of the bonus is in the best interests of the
Company. The Committee may not waive, in whole or in part, any remaining conditions to payment of a Section 162(m) Award. 

(e) Transfer and Termination of Grantee’s Employment. 

(1) Transfer of Employment. A transfer of an Eligible Employee between two employers, each of which is the Company or an
Affiliate of the Company (a “Transfer”), shall not be deemed a termination of employment. The Committee may grant Awards pursuant to which the Committee reserves the right to modify the calculation of an Award in connection with a
Transfer. In general, except as otherwise provided by the Committee at the time an Award is granted or in connection with a Transfer, upon the Transfer of a Grantee between divisions while an Award is outstanding and unexpired, the outstanding Award
shall be treated as having terminated and expired, and a new Award shall be treated as having been made, effective as of the effective date of the Transfer, for the portion of the Award which had not expired or been paid, but subject to the
performance and payment conditions applicable generally to Awards for Grantees who are employees of the transferee division, all as shall be determined by the Committee in an equitable manner. 

(2) Termination of Employment. 
 (i) Termination For Any Reason Other Than Death, Disability or Retirement. If a Grantee terminates employment with the Company and its Affiliates for any reason other than death, Disability or
Retirement, all Awards remaining subject to conditions to payment shall be forfeited by the Grantee and deemed canceled by the Company. 
 (ii) Termination Because of Death. If a Grantee terminates employment with the Company and its Affiliates because of death, the Company shall pay the Award to the Grantee’s estate as soon as
practicable following the Grantee’s death, but not later than the 15th day of the third month beginning after calendar year in which the Grantee dies. The Award shall be calculated based on the assumption that the applicable Targets were satisfied, and based on the
Grantee’s compensation earned through the date of the Grantee’s death. 
 (iii) Termination Because of Disability
or Retirement. If a Grantee terminates employment with the Company and its Affiliates because of Disability or Retirement, the Company shall pay the Award to the Grantee at the same time that Awards are payable to Grantees whose employment has
not terminated. The Award shall be calculated based on the extent to which the applicable Targets are actually satisfied for the calendar year in which the Grantee’s employment terminated, and based on the Grantee’s compensation earned
through the date of the Grantee’s termination of employment. 

  
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 (f) Maximum Grant. In no event shall the amount paid to any Grantee pursuant to an
Award for any Plan Year exceed $12 million. 
 (g) Shareholder Approval. The effectiveness of the grants of
Section 162(m) Awards under the Plan relating to payments on the satisfaction of the Quantitative Performance Standards established by the Committee from time to time shall be conditioned on the approval of the Plan by the Company’s
shareholders. 
 6. TERMINATING EVENTS 
 The Committee shall give Grantees 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. The Committee may, in its discretion, provide in such notice that upon the consummation of such Terminating Event, any remaining conditions to payment of a Grantee’s Award shall be waived, in whole or in
part. 
 7. AMENDMENT AND TERMINATION 
 No Awards shall be granted for any period commencing after December 31, 2015, provided that the effectiveness of the grants of Section 162(m) Awards under the Plan after December 31, 2010
relating to payments on the satisfaction of the Quantitative Performance Standards established by the Committee from time to time shall be conditioned on the approval of the Plan by the Company’s shareholders. To the extent that awards are or
have been made pursuant to the terms of the 2002 CB Plan, the Executive Plan, the Supplemental Plan or the MAP, the Committee may, in its discretion, treat such awards as Awards under this Plan. The Plan may be terminated by the Board or the
Committee at any time. The Plan may be amended by the Board or the Committee at any time. No Award shall be affected by any such termination or amendment without the written consent of the Grantee. 

8. MISCELLANEOUS PROVISIONS 
 (a) Unsecured Creditor Status. A Grantee entitled to payment of an Award hereunder shall rely solely upon the unsecured promise of the Company, as set forth herein, for the payment thereof, and
nothing herein contained shall be construed to give to or vest in a Grantee or any other person now or at any time in the future, any right, title, interest, or claim in or to any specific asset, fund, reserve, account, insurance or annuity policy
or contract, or other property of any kind whatever owned by the Company, or in which the Company may have any right, title, or interest, nor or at any time in the future. 
 (b) Non-Assignment of Awards. The Grantee shall not be permitted to sell, transfer, pledge or assign any amount payable pursuant to the Plan or an Award, provided that the right to payment under an
Award may pass by will or the laws of descent and distribution. 
 (c) Other Company Plans. It is agreed and understood
that any benefits under this Plan are in addition to any and all benefits to which a Grantee may otherwise be entitled under any other contract, arrangement, or voluntary pension, profit sharing or other

  
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compensation plan of the Company, whether funded or unfunded, and that this Plan shall not affect or impair the rights or obligations of the Company or a Grantee under any other such contract,
arrangement, or voluntary pension, profit sharing or other compensation plan. 
 (d) Separability. If any term or
condition of the Plan shall be invalid or unenforceable to any extent or in any application, then the remainder of the Plan, with the exception of such invalid or unenforceable provision, shall not be affected thereby, and shall continue in effect
and application to its fullest extent. 
 (e) Continued Employment. Neither the establishment of the Plan, any provisions
of the Plan, nor any action of the Committee shall be held or construed to confer upon any Grantee the right to a continuation of employment by the Company. The Company reserves the right to dismiss any employee (including a Grantee), or otherwise
deal with any employee (including a Grantee) to the same extent as though the Plan had not been adopted. 
 (f)
Incapacity. If the Committee determines that a Grantee is unable to care for his affairs because of illness or accident, any benefit due such Grantee under the Plan may be paid to his spouse, child, parent, or any other person deemed by the
Committee to have incurred expense for such Grantee (including a duly appointed guardian, committee, or other legal representative), and any such payment shall be a complete discharge of the Company’s obligation hereunder. 

(g) Withholding. The Company shall withhold the amount of any federal, state, local or other tax, charge or assessment
attributable to the grant of any Award or lapse of restrictions under any Award as it may deem necessary or appropriate, in its sole discretion. 
 (h) Repayment. If it is determined by the Board that gross negligence, intentional misconduct or fraud by a Section 16(b) Officer or a former Section 16(b) Officer caused or partially
caused the Company to have to restate all or a portion of its financial statements, the Board, in its sole discretion, may, to the extent permitted by law and to the extent it determines in its sole judgment that it is in the best interests of the
Company to do so, require repayment of any Award (or a portion thereof) granted after February 28, 2007 to such Section 16(b) Officer or former Section 16(b) Officer if (i) the Award was calculated based upon, or contingent on,
the achievement of financial or operating results that were the subject of or affected by the restatement, and (ii) the amount of the Award would have been less had the financial statements been correct. In addition, to the extent that the
receipt of an Award subject to repayment under this Paragraph 8(h) has been deferred pursuant to the Comcast Corporation 2005 Deferred Compensation Plan (or any other plan, program or arrangement that permits the deferral of receipt of an Award),
such Award (and any earnings credited with respect thereto) shall be forfeited in lieu of repayment. 
 9. GOVERNING LAW

 The Plan and all determinations made and actions taken pursuant to the Plan shall be governed in accordance with
Pennsylvania law. 

  
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 10. EFFECTIVE DATE 

The effective date of this amendment and restatement of the Plan is February 22, 2011. 

Executed as of the 22nd day of February 2011 

 

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L.
Cohen

			
		
	ATTEST:	 	 /s/ Arthur R. Block

 

  
 -9-Comcast Corporation 2005 Deferred Compensation Plan, as amended and restated

 Exhibit 10.6 
 COMCAST CORPORATION 
 2005 DEFERRED COMPENSATION PLAN 

ARTICLE 1 – BACKGROUND AND COVERAGE OF PLAN 
 1.1. Background and Adoption of Plan. 
 1.1.1. Amendment and Restatement
of the Plan. In recognition of the services provided by certain key employees and in order to make additional retirement benefits and increased financial security available on a tax-favored basis to those individuals, the Board of Directors of
Comcast Corporation, a Pennsylvania corporation (the “Board”), hereby amends and restates the Comcast Corporation 2005 Deferred Compensation Plan (the “Plan”), effective February 22, 2011. The Plan has previously been
amended and restated from time to time, in light of the enactment of section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) as part of the American Jobs Creation Act of 2004, and the issuance of various Notices,
Announcements, Proposed Regulations and Final Regulations thereunder (collectively, “Section 409A”), and to make desirable changes to the rules of the Plan. 
 1.1.2. Prior Plan. Prior to the Effective Date, the Comcast Corporation 2002 Deferred Compensation Plan (the “Prior Plan”) was in effect. In order to preserve the favorable tax treatment
available to deferrals under the Prior Plan in light of the enactment of Section 409A, the Board has prohibited future deferrals under the Prior Plan of amounts earned and vested on and after January 1, 2005. Amounts earned and vested
prior to January 1, 2005 are and will remain subject to the terms of the Prior Plan. Amounts earned and vested on and after the Effective Date will be available to be deferred pursuant to the Plan, subject to its terms and conditions.

 1.2. Reservation of Right to Amend to Comply with Section 409A. In addition to the powers reserved to the Board
and the Committee under Article 10 of the Plan, the Board and the Committee reserve the right to amend the Plan, either retroactively or prospectively, in whatever respect is required to achieve and maintain compliance with the requirements of
Section 409A. 
 1.3. Plan Unfunded and Limited to Outside Directors, Directors Emeriti and Select Group of Management
or Highly Compensated Employees. The Plan is unfunded and is maintained primarily for the purpose of providing Outside Directors, Directors Emeriti and a select group of management or highly compensated employees the opportunity to defer the
receipt of compensation otherwise payable to such Outside Directors, Directors Emeriti and eligible employees in accordance with the terms of the Plan. 
 ARTICLE 2 – DEFINITIONS 
 2.1. “Account” means the
bookkeeping accounts established pursuant to Section 5.1 and maintained by the Administrator in the names of the respective Participants, to which all amounts deferred and earnings allocated under the Plan shall be credited, and from which all
amounts distributed pursuant to the Plan shall be debited. 
 2.2. “Active Participant” means: 

 (a) Each Participant who is in active service as an Outside Director or a Director Emeritus;
and 
 (b) Each Participant who is actively employed by a Participating Company as an Eligible Employee. 

2.3. “Administrator” means the Committee. 
 2.4. “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. 
 2.5. “Annual Rate of Pay” means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar
payments or awards. 
 2.6. “Applicable Interest Rate” means: 

(a) Except as otherwise provided in Sections 2.6(b), the Applicable Interest Rate means the interest rate that, when compounded daily
pursuant to rules established by the Administrator from time to time, is mathematically equivalent to 12% per annum, compounded annually. 
 (b) Effective for the period beginning as soon as administratively practicable following a Participant’s employment termination date to the date the Participant’s Account is distributed in full,
the Administrator, in its sole discretion, may designate the term “Applicable Interest Rate” for such Participant’s Account to mean the lesser of (i) the rate in effect under Section 2.6(a) or (ii) the Prime Rate plus
one percent. Notwithstanding the foregoing, the Administrator may delegate its authority to determine the Applicable Interest Rate under this Section 2.6(b) to an officer of the Company or committee of two or more officers of the Company.

 2.7. “Beneficiary” means such person or persons or legal entity or entities, including, but not limited to,
an organization exempt from federal income tax under section 501(c)(3) of the Code, designated by a Participant or Beneficiary to receive benefits pursuant to the terms of the Plan after such Participant’s or Beneficiary’s death. If no
Beneficiary is designated by the Participant or Beneficiary, or if no Beneficiary survives the Participant or Beneficiary (as the case may be), the Participant’s Beneficiary shall be the Participant’s Surviving Spouse if the Participant
has a Surviving Spouse and otherwise the Participant’s estate, and the Beneficiary of a Beneficiary shall be the Beneficiary’s Surviving Spouse if the Beneficiary has a Surviving Spouse and otherwise the Beneficiary’s estate.

 2.8. “Board” means the Board of Directors of the Company. 

  
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 2.9. “Change of Control” means any transaction or series of transactions
that constitutes a change in the ownership or effective control or a change in the ownership of a substantial portion of the assets of the Company, within the meaning of Section 409A. 

2.10. “Code” means the Internal Revenue Code of 1986, as amended. 

2.11. “Committee” means the Compensation Committee of the Board of Directors of the Company. 

2.12. “Company” means Comcast Corporation, a Pennsylvania corporation, including any successor thereto by merger,
consolidation, acquisition of all or substantially all the assets thereof, or otherwise. 
 2.13. “Company
Stock” means with respect to amounts credited to the Company Stock Fund pursuant to deferral elections by Outside Directors or Directors Emeriti made pursuant to Section 3.1(a), Comcast Corporation Class A Common Stock, par value
$0.01, including a fractional share, and such other securities issued by Comcast Corporation as may be subject to adjustment in the event that shares of either class of Company Stock are changed into, or exchanged for, a different number or kind of
shares of stock or other securities of the Company, whether through merger, consolidation, reorganization, recapitalization, stock dividend, stock split-up or other substitution of securities of the Company. In such event, the Committee shall make
appropriate equitable anti-dilution adjustments to the number and class of hypothetical shares of Company Stock credited to Participants’ Accounts under the Company Stock Fund. Any reference to the term “Company Stock” in the Plan
shall be a reference to the appropriate number and class of shares of stock as adjusted pursuant to this Section 2.13. The Committee’s adjustment shall be effective and binding for all purposes of the Plan. 

2.14. “Company Stock Fund” means a hypothetical investment fund pursuant to which income, gains and losses are credited
to a Participant’s Account as if the Account, to the extent deemed invested in the Company Stock Fund, were invested in hypothetical shares of Company Stock, and all dividends and other distributions paid with respect to Company Stock were held
uninvested in cash, and reinvested in additional hypothetical shares of Company Stock as of the next succeeding December 31, based on the Fair Market Value of the Company Stock for such December 31, provided that dividends and other
distributions paid with respect to Company Stock after December 31, 2007 shall be deemed to be reinvested in additional hypothetical shares of Company Stock as of the payment date for such dividends and other distributions, based on the Fair
Market Value of Company Stock as of such payment date. 
 2.15. “Compensation” means: 

(a) In the case of an Outside Director, the total remuneration payable in cash or payable in Company Stock (as elected by an Outside
Director pursuant to the Comcast Corporation 2002 Non-Employee Director Compensation Plan) for services as a member of the Board and as a member of any Committee of the Board and in the case of a Director Emeritus, the total remuneration payable in
cash for services to the Board. 

  
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 (b) In the case of an Eligible Employee, the total cash remuneration for services payable by
a Participating Company, excluding (i) Severance Pay, (ii) sales commissions or other similar payments or awards, (iii) bonuses earned under any program designated by the Company’s Programming Division as a “long-term
incentive plan” and (iv) bonuses earned under any long-term incentive plan for employees of NBC Universal (as defined in Section 3.1(a)(ii). 
 2.16. “Death Tax Clearance Date” means the date upon which a Deceased Participant’s or a deceased Beneficiary’s Personal Representative certifies to the Administrator that
(i) such Deceased Participant’s or deceased Beneficiary’s Death Taxes have been finally determined, (ii) all of such Deceased Participant’s or deceased Beneficiary’s Death Taxes apportioned against the Deceased
Participant’s or deceased Beneficiary’s Account have been paid in full and (iii) all potential liability for Death Taxes with respect to the Deceased Participant’s or deceased Beneficiary’s Account has been satisfied.

 2.17. “Death Taxes” means any and all estate, inheritance, generation-skipping transfer, and other death
taxes as well as any interest and penalties thereon imposed by any governmental entity (a “taxing authority”) as a result of the death of the Participant or the Participant’s Beneficiary. 

2.18. “Deceased Participant” means a Participant whose employment, or, in the case of a Participant who was an Outside
Director or Director Emeritus, a Participant whose service as an Outside Director or Director Emeritus, is terminated by death. 

2.19. “Director Emeritus” means an individual designated by the Board, in its sole discretion, as Director Emeritus,
pursuant to the Board’s Director Emeritus Policy. 
 2.20. “Disability” means: 

(a) an individual’s inability to engage in any substantial gainful activity by reason of any medically determinable physical or
mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months; or 
 (b) circumstances under which, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less
than 12 months, an individual is receiving income replacement benefits for a period of not less than three months under an accident or health plan covering employees of the individual’s employer. 

2.21. “Disabled Participant” means: 
 (a) A Participant whose employment or, in the case of a Participant who is an Outside Director or Director Emeritus, a Participant whose service as an Outside Director or Director Emeritus, is terminated
by reason of Disability; 
 (b) The duly-appointed legal guardian of an individual described in Section 2.21(a) acting on
behalf of such individual. 

  
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 2.22. “Eligible Employee” means: 

(a) Each Grandfathered Employee; 
 (b) Each employee of a Participating Company whose Annual Rate of Pay is $200,000 or more as of both (i) the date on which an Initial Election is filed with the Administrator and (ii) the first
day of the calendar year in which such Initial Election is filed; 
 (c) Each New Key Employee; and 

(d) Each other employee of a Participating Company who is designated by the Committee, in its discretion, as an Eligible Employee;
provided, in each case, that such individual’s Compensation is administered under the Company’s common payroll system. 
 2.23. “Fair Market Value” 
 (a) If shares of Company Stock 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. 
 (b) If shares of Company Stock 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. 

(c) If shares of Company Stock are not so listed nor trades of shares so reported, Fair Market Value shall be determined by the Committee
in good faith. 
 2.24. “Grandfathered Employee” means: 

(a) Each employee of a Participating Company who, as of December 31, 1989, was eligible to participate in the Prior Plan and who has
been in continuous service to the Company or an Affiliate since December 31, 1989. 
 (b) Each employee of a Participating
Company who was, at any time before January 1, 1995, eligible to participate in the Comcast Corporation Deferred Compensation Plan and whose Annual Rate of Pay is $90,000 or more as of both (i) the date on which an Initial Election is
filed with the Administrator and (ii) the first day of each calendar year beginning after December 31, 1994. 
 (c)
Each individual who was an employee of an entity that was a Participating Company in the Prior Plan as of June 30, 2002 and who has an Annual Rate of Pay of $125,000 as of each of (i) June 30, 2002; (ii) the date on which an Initial
Election is filed with the Administrator and (iii) the first day of each calendar year beginning after December 31, 2002. 

  
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 (d) Each employee of a Participating Company who (i) as of December 31, 2002, was
an “Eligible Employee” within the meaning of Section 2.34 of the AT&T Broadband Deferred Compensation Plan (as amended and restated, effective November 18, 2002) with respect to whom an account was maintained, and
(ii) for the period beginning on December 31, 2002 and extending through any date of determination, has been actively and continuously in service to the Company or an Affiliate. 

2.25. “Hardship” means an “unforeseeable emergency,” as defined in Section 409A. The Committee shall
determine whether the circumstances of the Participant constitute an unforeseeable emergency and thus a Hardship within the meaning of this Paragraph 2.24. Following a uniform procedure, the Committee’s determination shall consider any facts or
conditions deemed necessary or advisable by the Committee, and the Participant shall be required to submit any evidence of the Participant’s circumstances that the Committee requires. The determination as to whether the Participant’s
circumstances are a case of Hardship shall be based on the facts of each case; provided however, that all determinations as to Hardship shall be uniformly and consistently made according to the provisions of this Paragraph 2.24 for all Participants
in similar circumstances. 
 2.26. “Inactive Participant” means each Participant (other than a Retired
Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director or Director Emeritus and is not actively employed by a Participating Company. 

2.27. “Income Fund” means a hypothetical investment fund pursuant to which income, gains and losses are credited to a
Participant’s Account as if the Account, to the extent deemed invested in the Income Fund, were credited with interest at the Applicable Interest Rate. 
 2.28. “Initial Election” means a written election on a form provided by the Administrator, filed with the Administrator in accordance with Article 3, pursuant to which an Outside
Director, Director Emeritus or an Eligible Employee may: 
 (a) Elect to defer any portion of the Compensation payable for the
performance of services as an Outside Director, Director Emeritus or as an Eligible Employee following the time that such election is filed, provided that the maximum amount of Base Salary available for deferral shall be determined net of required
withholdings and deductions as determined by the Administrator in its sole discretion, but shall in no event be less than 85% of the Participant’s Base Salary; and 
 (b) Designate the time of payment of the amount of deferred Compensation to which the Initial Election relates. 
 2.29. “New Key Employee” means each employee of a Participating Company: 
 (a) who becomes an employee of a Participating Company and has an Annual Rate of Pay of $200,000 or more as of his employment commencement date, or 

(b) who has an Annual Rate of Pay that is increased to $200,000 or more and who, immediately preceding such increase, was not an Eligible
Employee. 

  
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 2.30. “Normal Retirement” means: 

(a) For a Participant who is an employee of a Participating Company immediately preceding his termination of employment, a termination of
employment that is treated by the Participating Company as a retirement under its employment policies and practices as in effect from time to time; and 
 (b) For a Participant who is an Outside Director or Director Emeritus immediately preceding his termination of service, the Participant’s normal retirement from the Board. 

2.31. “Outside Director” means a member of the Board, who is not an employee of a Participating Company. 

2.32. “Participant” means each individual who has made an Initial Election, or for whom an Account is established
pursuant to Section 5.1, and who has an undistributed amount credited to an Account under the Plan, including an Active Participant, a Deceased Participant and an Inactive Participant. 

2.33. “Participating Company” means the Company and each Affiliate of the Company designated by the Committee in which
the Company owns, directly or indirectly, 50 percent or more of the voting interests or value. Notwithstanding the foregoing, the Administrator may delegate its authority to designate an eligible Affiliate as a Participating Company under this
Section 2.33 to an officer of the Company or committee of two or more officers of the Company. 
 2.34.
“Performance-Based Compensation” means “Performance-Based Compensation” within the meaning of Section 409A. 
 2.35. “Performance Period” means a period of at least 12 months during which a Participant may earn Performance-Based Compensation. 

2.36. “Person” means an individual, a corporation, a partnership, an association, a trust or any other entity or
organization. 
 2.37. “Plan” means the Comcast Corporation 2005 Deferred Compensation Plan, as set forth
herein, and as amended from time to time. 
 2.38. “Prime Rate” means, for any calendar year, the interest rate
that, when compounded daily pursuant to rules established by the Administrator from time to time, is mathematically equivalent to the prime rate of interest (compounded annually) as published in the Eastern Edition of The Wall Street Journal
on the last business day preceding the first day of such calendar year, and as adjusted as of the last business day preceding the first day of each calendar year beginning thereafter. 

2.39. “Prior Plan” means the Comcast Corporation 2002 Deferred Compensation Plan. 

  
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 2.40. “Retired Participant” means a Participant who has terminated service
pursuant to a Normal Retirement. 
 2.41. “Severance Pay” means any amount that is payable in cash and is
identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

 2.42. “Subsequent Election” means a written election on a form provided by the Administrator, filed with the
Administrator in accordance with Article 3, pursuant to which a Participant or Beneficiary may elect to defer the time of payment of amounts previously deferred in accordance with the terms of a previously made Initial Election or Subsequent
Election. 
 2.43. “Surviving Spouse” means the widow or widower, as the case may be, of a Deceased Participant
or a Deceased Beneficiary (as applicable). 
 2.44. “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. 
 ARTICLE 3 – INITIAL AND SUBSEQUENT ELECTIONS 
 3.1. Elections.

 (a) Initial Elections. 
 (i) In General. Each Outside Director, Director Emeritus and Eligible Employee shall have the right to defer Compensation by filing an Initial Election with respect to Compensation that he would
otherwise be entitled to receive for a calendar year at the time and in the manner described in this Article 3. The Compensation of such Outside Director, Director Emeritus or Eligible Employee for a calendar year shall be reduced in an amount equal
to the portion of the Compensation deferred by such Outside Director, Director Emeritus or Eligible Employee for such calendar year pursuant to such Outside Director’s, Director Emeritus’s or Eligible Employee’s Initial Election. Such
reduction shall be effected on a pro rata basis from each periodic installment payment of such Outside Director’s, Director Emeritus’s or Eligible Employee’s Compensation for the calendar year (in accordance with the general pay
practices of the Participating Company), and credited, as a bookkeeping entry, to such Outside Director’s, Director Emeritus’s or Eligible Employee’s Account in accordance with Section 5.1. Amounts credited to the Accounts of
Outside Directors in the form of Company Stock shall be credited to the Company Stock Fund and credited with income, gains and losses in accordance with Section 5.2(c). 
 (ii) Employees of NBC Universal, LLC and its Subsidiaries. Effective and contingent upon the closing (the “Closing”) of the transactions contemplated by the Master Agreement, NBC
Universal, LLC and its subsidiaries (collectively, “NBC Universal”) shall be Participating Companies, provided that employees of NBC Universal who are “Eligible Employees” shall be eligible to make Initial Elections under the
Plan only to the extent provided 

  
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in this Section 3(a)(ii). For this purpose, the term “Master Agreement” means the Master Agreement, dated as of December 3, 2009, by and among: General Electric Company, a New
York corporation; NBC Universal, Inc, a Delaware corporation; Comcast; and, Navy, LLC, a Delaware limited liability company. The following employees of NBC Universal shall be eligible to make Initial Elections with respect to calendar years
beginning after 2010, provided that they are otherwise so eligible under the rules of the Plan other than this Section 3(a)(ii): 
 (A) For 2011, except as otherwise provided by the Committee, (x) a “First Day Employee” of NBC Universal who was an Eligible Employee as of December 31, 2010 and who, on or
before December 31, 2010, has not filed an “Opt-In Election” with the Committee or its delegate and (y) an employee of NBC Universal other than a “First Day Employee,” who was an Eligible Employee as of
December 31, 2010 and (z) an employee of NBC Universal who (I) becomes a New Key Employee in 2011 and (II) is assigned to a payroll of Comcast Corporation, as determined by the Committee or its delegate. 

(B) For years beginning after 2011, except as otherwise provided by the Committee, (x) an employee of NBC
Universal other than a First-Day Employee who (I) is an Eligible Employee as of December 31, 2011 and (II) on or before December 31, 2011, has not filed an “Opt-In Election” with the Committee or its delegate and (y) an
employee of NBC Universal who (I) is an Eligible Employee as of December 31st of any year beginning after 2011, (II) transferred employment to NBC Universal directly from the Company or a Subsidiary other than NBC Universal and (III) on or before December 31st of the year such transfer of employment becomes effective, has not
filed an “Opt-In Election” with the Committee or its delegate. 
 (iii) Special Definitions and Rules Applicable
to NBC Universal. For purposes of Section 3(a)(ii): 
 (A) A “First Day Employee” is an individual who is an
Eligible Employee as of December 31, 2010 and who has been designated by the Committee or its delegate as an employee who is expected to have senior leadership responsibilities for NBC Universal effective on the Closing or shortly thereafter in
a capacity that is different from the capacity in which such employee served immediately before the Closing. 
 (B) An
“Opt-In Election” is an irrevocable one-time election by an Eligible Employee on a form approved by the Committee or its delegate to become a Participant in one or more retirement or deferred compensation arrangements expected to be
sponsored for the benefit of employees of NBC Universal, as may be designated by the Committee or its delegate, effective for years beginning after the date of such Opt-In Election. For avoidance of doubt, all individuals who have filed an Opt-In
Election shall be treated as an Active Participant for all other purposes of the Plan with respect such individual’s Account, if any, including but not limited to the provisions of the Plan relating to Subsequent Elections, and shall be treated
as actively employed for purposes of the definition of the term “Applicable Interest Rate” until such individual ceases to be employed by the Company or an Affiliate. 

(b) Subsequent Elections. Each Participant or Beneficiary shall have the right to elect to defer the time of payment or to change
the manner of payment of amounts 

  
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previously deferred in accordance with the terms of a previously made Initial Election pursuant to the terms of the Plan by filing a Subsequent Election at the time, to the extent, and in the
manner described in this Article 3. 
 3.2. Filing of Initial Election: General. An Initial Election shall be made on the
form provided by the Administrator for this purpose. Except as provided in Section 3.3, no such Initial Election shall be effective with respect to Compensation other than Performance-Based Compensation unless it is filed with the Administrator
on or before December 31 of the calendar year preceding the calendar year to which the Initial Election applies. No such Initial Election shall be effective with respect to Performance-Based Compensation unless it is filed with the
Administrator at least six months before the end of the Performance Period during which such Performance-Based Compensation may be earned. 
 3.3. Filing of Initial Election by New Key Employees and New Outside Directors. 
 (a) New Key Employees. Notwithstanding Section 3.1 and Section 3.2, a New Key Employee may elect to defer Compensation by filing an Initial Election with respect to (i) base salary
portion of his Compensation that he would otherwise be entitled to receive based on services performed in the calendar year in which the New Key Employee was hired or promoted, beginning with the payroll period next following the filing of an
Initial Election with the Administrator and before the close of such calendar year, and (ii) the Performance-Based Compensation that he would otherwise be entitled to receive based on services performed for Performance Periods that include the
calendar year in which the New Key Employee was hired or promoted and after the filing of the Initial Election. Such Initial Election must be filed with the Administrator within 30 days of such New Key Employee’s date of hire or within 30 days
of the date such New Key Employee first becomes eligible to participate in the Plan. Any Initial Election by such New Key Employee for succeeding calendar years shall be made in accordance with Section 3.1 and Section 3.2. 

(b) New Outside Directors. Notwithstanding Section 3.1 and Section 3.2, an Outside Director may elect to defer
Compensation by filing an Initial Election with respect to his Compensation attributable to services provided as an Outside Director in the calendar year in which an Outside Director’s election as a member of the Board becomes effective
(provided that such Outside Director is not a member of the Board immediately preceding such effective date), beginning with Compensation earned following the filing of an Initial Election with the Administrator and before the close of such calendar
year. Such Initial Election must be filed with the Administrator within 30 days of the effective date of such Outside Director’s election. Any Initial Election by such Outside Director for succeeding calendar years shall be made in accordance
with Section 3.1 and Section 3.2 
 3.4. Calendar Years to which Initial Election May Apply. A separate Initial
Election may be made for each calendar year as to which an Outside Director, Director Emeritus or Eligible Employee desires to defer such Outside Director’s, Director Emeritus’s or Eligible Employee’s Compensation. The failure of an
Outside Director, Director Emeritus or Eligible Employee to make an Initial Election for any calendar year shall not affect such Outside Director’s or Eligible Employee’s right to make an Initial Election for any other calendar year.

  
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 (a) Initial Election of Distribution Date. Each Outside Director, Director Emeritus
or Eligible Employee shall, contemporaneously with an Initial Election, also elect the time of payment of the amount of the deferred Compensation to which such Initial Election relates; provided, however, that, except as otherwise specifically
provided by the Plan, no distribution may commence earlier than January 2nd of the second calendar year beginning after the date the compensation subject to the Initial Election would be paid but for the Initial Election, nor later than
January 2nd of the tenth calendar year beginning after the date the date the compensation subject to the Initial Election would be paid but for the Initial Election. Further, each Outside Director, Director Emeritus or Eligible Employee may
select with each Initial Election the manner of distribution in accordance with Article 4. 
 3.5. Subsequent Elections.
No Subsequent Election shall be effective until 12 months after the date on which such Subsequent Election is made. 
 (a)
Active Participants. Each Active Participant, who has made an Initial Election, or who has made a Subsequent Election, may elect to defer the time of payment of any part or all of such Participant’s Account for a minimum of five and a
maximum of ten additional years from the previously-elected payment date, by filing a Subsequent Election with the Administrator at least 12 months before the lump-sum distribution or initial installment payment would otherwise be made. The number
of Subsequent Elections under this Section 3.5(a) shall not be limited. 
 (b) Inactive Participants. The Committee
may, in its sole and absolute discretion, permit an Inactive Participant to make a Subsequent Election defer the time of payment of any part or all of such Inactive Participant’s Account for a minimum of five years and a maximum of ten
additional years from the previously-elected payment date, by filing a Subsequent Election with the Administrator at least 12 months before the lump-sum distribution or initial installment payment would otherwise be made. The number of Subsequent
Elections under this Section 3.5(b) shall be determined by the Committee in its sole and absolute discretion. 
 (c)
Surviving Spouses. 
 (i) Subsequent Election. A Surviving Spouse who is a Deceased Participant’s Beneficiary
may elect to defer the time of payment of any part or all of such Deceased Participant’s Account the payment of which would be made more than 12 months after the date of such election. Such election shall be made by filing a Subsequent Election
with the Administrator in which the Surviving Spouse shall specify the change in the time of payment, which shall be no less than five (5) years nor more than ten (10) years from the previously-elected payment date, or such Surviving
Spouse may elect to defer payment until such Surviving Spouse’s death. A Surviving Spouse may make a total of two (2) Subsequent Elections under this Section 3.5(c)(ii), with respect to all or any part of the Deceased
Participant’s Account. Subsequent Elections pursuant to this Section 3.5(c)(ii) may specify different changes with respect to different parts of the Deceased Participant’s Account. 

(d) Beneficiary of a Deceased Participant Other Than a Surviving Spouse. 

  
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 (i) Subsequent Election. A Beneficiary of a Deceased Participant other than a
Surviving Spouse may elect to defer the time of payment, of any part or all of such Deceased Participant’s Account the payment of which would be made more than 12 months after the date of such election. Such election shall be made by filing a
Subsequent Election with the Administrator in which the Beneficiary shall specify the deferral of the time of payment, which shall be no less than five (5) years nor more than ten (10) years from the previously-elected payment date. A
Beneficiary may make one (1) Subsequent Election under this Section 3.5(d)(i), with respect to all or any part of the Deceased Participant’s Account. Subsequent Elections pursuant to this Section 3.5(d)(i) may specify different
changes with respect to different parts of the Deceased Participant’s Account. 
 (e) Retired Participants and Disabled
Participants. The Committee may, in its sole and absolute discretion, permit a Retired Participant or a Disabled Participant to make a Subsequent Election to defer the time of payment of any part or all of such Retired or Disabled
Participant’s Account that would not otherwise become payable within twelve (12) months of such Subsequent Election for a minimum of five (5) years and a maximum of ten (10) additional years from the previously-elected payment
date, by filing a Subsequent Election with the Administrator on or before the close of business on the date that is at least twelve (12) months before the date on which the lump-sum distribution or initial installment payment would otherwise be
made. The number of Subsequent Elections under this Section 3.5(f) shall be determined by the Committee in its sole and absolute discretion. 
 (f) Most Recently Filed Initial Election or Subsequent Election Controlling. Except as otherwise specifically provided by the Plan, no distribution of the amounts deferred by a Participant for any
calendar year shall be made before the payment date designated by the Participant or Beneficiary on the most recently filed Initial Election or Subsequent Election with respect to each deferred amount. 

3.6. Discretion to Provide for Distribution in Full Upon or Following a Change of Control. To the extent permitted by
Section 409A, in connection with a Change of Control, and for the 12-month period following a Change of Control, the Committee may exercise its discretion to terminate the Plan and, notwithstanding any other provision of the Plan or the terms
of any Initial Election or Subsequent Election, distribute the Account balance of each Participant in full and thereby effect the revocation of any outstanding Initial Elections or Subsequent Elections. 

3.7. Withholding and Payment of Death Taxes. 
 (a) Notwithstanding any other provisions of this Plan to the contrary, including but not limited to the provisions of Article 3 and Article 7, or any Initial or Subsequent Election filed by a Deceased
Participant or a Deceased Participant’s Beneficiary (for purposes of this Section, the “Decedent”), and to the extent permitted by Section 409A, the Administrator shall apply the terms of Section 3.7(b) to the
Decedent’s Account unless the Decedent affirmatively has elected, in writing, filed with the Administrator, to waive the application of Section 3.7(b). 

  
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 (b) Unless the Decedent affirmatively has elected, pursuant to Section 3.7(a), that the
terms of this Section 3.7(b) not apply, but only to the extent permitted under Section 409A: 
 (i) The Administrator
shall prohibit the Decedent’s Beneficiary from taking any action under any of the provisions of the Plan with regard to the Decedent’s Account other than the Beneficiary’s making of a Subsequent Election pursuant to Section 3.5;

 (ii) The Administrator shall defer payment of the Decedent’s Account until the later of the Death Tax Clearance Date
and the payment date designated in the Decedent’s Initial Election or Subsequent Election; 
 (iii) The Administrator
shall withdraw from the Decedent’s Account such amount or amounts as the Decedent’s Personal Representative shall certify to the Administrator as being necessary to pay the Death Taxes apportioned against the Decedent’s Account; the
Administrator shall remit the amounts so withdrawn to the Personal Representative, who shall apply the same to the payment of the Decedent’s Death Taxes, or the Administrator may pay such amounts directly to any taxing authority as payment on
account of Decedent’s Death Taxes, as the Administrator elects; 
 (iv) If the Administrator makes a withdrawal from the
Decedent’s Account to pay the Decedent’s Death Taxes and such withdrawal causes the recognition of income to the Beneficiary, the Administrator shall pay to the Beneficiary from the Decedent’s Account, within thirty (30) days of
the Beneficiary’s request, the amount necessary to enable the Beneficiary to pay the Beneficiary’s income tax liability resulting from such recognition of income; additionally, the Administrator shall pay to the Beneficiary from the
Decedent’s Account, within thirty (30) days of the Beneficiary’s request, such additional amounts as are required to enable the Beneficiary to pay the Beneficiary’s income tax liability attributable to the Beneficiary’s
recognition of income resulting from a distribution from the Decedent’s Account pursuant to this Section 3.7(b)(iv); 

(v) Amounts withdrawn from the Decedent’s Account by the Administrator pursuant to Sections 3.7(b)(iii) and 3.7(b)(iv) shall be
withdrawn from the portions of Decedent’s Account having the earliest distribution dates as specified in Decedent’s Initial Election or Subsequent Election; and 
 (vi) Within 30 days after the Death Tax Clearance Date or upon the payment date designated in the Decedent’s Initial Election or Subsequent Election, if later, the Administrator shall pay the
Decedent’s Account to the Beneficiary. 
 3.8. Company Credits. In addition to the amounts credited to
Participants’ Accounts pursuant to Initial Elections with respect to Compensation, the Committee may provide for additional amounts to be credited to the Accounts of one or more designated Eligible Employees (“Company Credits”) for
any year. A Participant whose Account is designated to receive Company Credits may not elect to receive any portion of the Company Credits as additional Compensation in lieu of deferral as provided by this Section 3.8. The total amount of

  
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Company Credits designated with respect to an Eligible Employee’s Account for any Plan Year shall be credited to such Eligible Employee’s Account as of the time or times designated by
the Committee, as a bookkeeping entry to such Eligible Employee’s Account in accordance with Section 5.1. From and after the date Company Credits are allocated as designated by the Committee, Company Credits shall be credited with income,
gains and losses on the same basis as all other amounts credited to the Participant’s Account pursuant to Section 5.2. Company Credits and income, gains and losses credited with respect to Company Credits shall be distributable to the
Participant on the same basis as if the Participant had made an Initial Election to receive a lump sum distribution of such amount on January 2nd of the third calendar year beginning after the Plan Year with respect to which the Company Credits were authorized,
unless the Participant timely designates another time and form of payment that is a permissible time and form of payment for amounts subject to an Initial Election under Section 3.4(a) and Section 4.1. In addition, the Participant may make
one or more Subsequent Elections with respect to such Company Credits (and income, gains and losses credited with respect to Company Credits) on the same basis as all other amounts credited to such Participant’s Account. 

3.9. Separation from Service. 
 3.9.1. Required Suspension of Payment of Benefits. To the extent compliance with the requirements of Treas. Reg. § 1.409A-3(i)(2) (or any successor provision) is necessary to avoid the
application of an additional tax under Section 409A to payments due to a Participant upon or following his separation from service, then notwithstanding any other provision of this Plan, any such payments that are otherwise due within six
months following the Participant’s separation from service will be deferred and paid to the Participant in a lump sum immediately following that six-month period. 
 3.9.2. 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. A
Participant who is a Non-Employee Director shall be treated as having terminated employment on the Participant’s termination of service as a Non-Employee Director, provided that if such a Participant is designated as a Director Emeritus upon
termination of service as a Non-Employee Director, such Participant shall not be treated as having terminated employment until the Participant’s termination of service as a Director Emeritus. 

ARTICLE 4 – MANNER OF DISTRIBUTION 
 4.1. Manner of Distribution. 
 (a) Amounts credited to an Account shall be
distributed, pursuant to an Initial Election or Subsequent Election in either (i) a lump sum payment or (ii) substantially equal monthly or annual installments over a five (5), ten (10) or fifteen (15) year period. Installment
distributions payable in the form of shares of Company Stock shall be rounded to the nearest whole share. 
 (b) To the extent
permitted by Section 409A, notwithstanding any Initial Election, Subsequent Election or any other provision of the Plan to the contrary: 

  
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 (i) distributions pursuant to Initial Elections or Subsequent Elections shall be made in
one lump sum payment unless the portion of a Participant’s Account subject to distribution, as of both the date of the Initial Election or Subsequent Election and the benefit commencement date, has a value of more than $10,000; 

(ii) following a Participant’s termination of employment for any reason, if the amount credited to the Participant’s Account
has a value of $10,000 or less, the Administrator may, in its sole discretion, direct that such amount be distributed to the Participant (or Beneficiary, as applicable) in one lump sum payment, provided that the payment is made on or before the
later of (i) December 31 of the calendar year in which the Participant terminates employment or (ii) the date two and one-half months after the Participant terminates employment. 

4.2. Determination of Account Balances for Purposes of Distribution. The amount of any distribution made pursuant to
Section 4.1 shall be based on the balances in the Participant’s Account on the date the recordkeeper appointed by the Administrator transmits the distribution request for a Participant to the Administrator for payment and processing,
provided that payment with respect to such distribution shall be made as soon as reasonably practicable following the date the distribution request is transmitted to the Administrator. For this purpose, the balance in a Participant’s Account
shall be calculated by crediting income, gains and losses under the Company Stock Fund and Income Fund, as applicable, through the date immediately preceding the date on which the distribution request is transmitted to the recordkeeper. 

4.3. Plan-to-Plan Transfers; Change in Time and Form of Election Pursuant to Special Section 409A Transition Rules. The
Administrator may delegate its authority to arrange for plan-to-plan transfers or to permit benefit elections as described in this Section 4.3 to an officer of the Company or committee of two or more officers of the Company. 

(a) The Administrator may, with a Participant’s consent, make such arrangements as it may deem appropriate to transfer the
Company’s obligation to pay benefits with respect to such Participant which have not become payable under this Plan, to another employer, whether through a deferred compensation plan, program or arrangement sponsored by such other employer or
otherwise, or to another deferred compensation plan, program or arrangement sponsored by the Company or an Affiliate. Following the completion of such transfer, with respect to the benefit transferred, the Participant shall have no further right to
payment under this Plan. 
 (b) The Administrator may, with a Participant’s consent, make such arrangements as it may deem
appropriate to assume another employer’s obligation to pay benefits with respect to such Participant which have not become payable under the deferred compensation plan, program or arrangement under which such future right to payment arose, to
the Plan, or to assume a future payment obligation of the Company or an Affiliate under another plan, program or arrangement sponsored by the Company or an Affiliate. Upon the completion of the Plan’s assumption of such payment obligation, the
Administrator shall establish an Account for such Participant, and the Account shall be subject to the rules of this Plan, as in effect from time to time. 

  
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 (c) Pursuant to Final Treasury Regulations issued under section 409A of the Code, to the
extent provided by the Committee or its delegate: 
 (i) a Participant may, during the period extending from January 1,
2007 to December 31, 2007, with respect to all or any portion of his or her account under the 2005 Plan that is scheduled to be paid after December 31, 2007, and with respect to all or any portion of his or her account under the Prior Plan
that is scheduled to be paid after December 31, 2007, make new payment elections as to the form and timing of payment of such amounts as may be permitted under this Plan, provided that following the completion of such new payment election,
amounts previously credited under the Prior Plan shall not be treated as grandfathered benefits under the Prior Plan, but instead shall be treated as non-grandfathered benefits, subject to the rules of this Plan, and provided that no portion of the
benefit subject to such an election shall be payable before January 1, 2008. 
 (ii) a Participant may, during the period
extending from January 1, 2008 to December 31, 2008, with respect to all or any portion of his or her account under the 2005 Plan that is scheduled to be paid after December 31, 2008, and with respect to all or any portion of his or
her account under the Prior Plan that is scheduled to be paid after December 31, 2008, make new payment elections as to the form and timing of payment of such amounts as may be permitted under this Plan, provided that following the completion
of such new payment election, amounts previously credited under the Prior Plan shall not be treated as grandfathered benefits under the Prior Plan, but instead shall be treated as non-grandfathered benefits, subject to the rules of this Plan, and
provided that no portion of the benefit subject to such an election shall be payable before January 1, 2009. 
 ARTICLE 5
– BOOK ACCOUNTS 
 5.1. Deferred Compensation Account. A deferred Compensation Account shall be established for
each Outside Director, Director Emeritus and Eligible Employee when such Outside Director, Director Emeritus or Eligible Employee becomes a Participant. Compensation deferred pursuant to the Plan shall be credited to the Account on the date such
Compensation would otherwise have been payable to the Participant. 
 5.2. Crediting of Income, Gains and Losses on
Accounts. 
 (a) In General. Except as otherwise provided in this Section 5.2, the Administrator shall credit
income, gains and losses with respect to each Participant’s Account as if it were invested in the Income Fund. 
 (b)
Investment Fund Elections. Except for amounts credited to the Accounts of Participants who are Outside Directors who have elected to defer the receipt of Compensation payable in the form of Company Stock, all amounts credited to
Participants’ Accounts shall be credited with income, gains and losses as if it were invested in the Income Fund. 
 (c)
Outside Director Stock Fund Credits. Amounts credited to the Accounts of Outside Directors in the form of Company Stock shall be credited with income, 

  
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gains and losses as if they were invested in the Company Stock Fund. No portion of such Participant’s Account may be deemed transferred to the Income Fund. Distributions of amounts credited
to the Company Stock Fund with respect to Outside Directors’ Accounts shall be distributable in the form of Company Stock, rounded to the nearest whole share. 
 (d) Timing of Credits. Compensation deferred pursuant to the Plan shall be deemed invested in the Income Fund on the date such Compensation would otherwise have been payable to the Participant,
provided that if (i) Compensation would otherwise have been payable to a Participant on a Company payroll date that falls within five days of the end of a calendar month, and (ii) based on the Administrator’s regular administrative
practices, it is not administratively practicable for the Administrator to transmit the deferred amount of such Compensation to the Plan’s recordkeeper on or before the last day of the month, such deferred amount shall not be deemed invested in
the Income Fund until the first day of the calendar month next following such Company payroll date. Accumulated Account balances subject to an investment fund election under Section 5.2(b) shall be deemed invested in the applicable investment
fund as of the effective date of such election. The value of amounts deemed invested in the Company Stock Fund shall be based on hypothetical purchases and sales of Company Stock at Fair Market Value as of the effective date of an investment
election. 
 5.3. Status of Deferred Amounts. Regardless of whether or not the Company is a Participant’s employer,
all Compensation deferred under this Plan shall continue for all purposes to be a part of the general funds of the Company. 

5.4. Participants’ Status as General Creditors. Regardless of whether or not the Company is a Participant’s employer, an
Account shall at all times represent a general obligation of the Company. The Participant shall be a general creditor of the Company with respect to this obligation, and shall not have a secured or preferred position with respect to the
Participant’s Accounts. Nothing contained herein shall be deemed to create an escrow, trust, custodial account or fiduciary relationship of any kind. Nothing contained herein shall be construed to eliminate any priority or preferred position of
a Participant in a bankruptcy matter with respect to claims for wages. 
 ARTICLE 6 – NO ALIENATION OF BENEFITS; PAYEE
DESIGNATION 
 Except as otherwise required by applicable law, the right of any Participant or Beneficiary to any benefit or
interest under any of the provisions of this Plan shall not be subject to encumbrance, attachment, execution, garnishment, assignment, pledge, alienation, sale, transfer, or anticipation, either by the voluntary or involuntary act of any Participant
or any Participant’s Beneficiary or by operation of law, nor shall such payment, right, or interest be subject to any other legal or equitable process. However, subject to the terms and conditions of the Plan, a Participant or Beneficiary may
direct that any amount payable pursuant to an Initial Election or a Subsequent Election on any date designated for payment be paid to any person or persons or legal entity or entities, including, but not limited to, an organization exempt from
federal income tax under section 501(c)(3) of the Code, instead of to the Participant or Beneficiary. Such a payee designation shall be provided to the Administrator by the Participant or Beneficiary in writing on a form provided by the
Administrator, and shall not be effective unless it is provided immediately preceding the time of payment. The Company’s payment 

  
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pursuant to such a payee designation shall relieve the Company and its Affiliates of all liability for such payment. 
 ARTICLE 7 – DEATH OF PARTICIPANT 
 7.1. Death of Participant. A
Deceased Participant’s Account shall be distributed in accordance with the last Initial Election or Subsequent Election made by the Deceased Participant before the Deceased Participant’s death, unless the Deceased Participant’s
Surviving Spouse or other Beneficiary timely elects to defer the time of payment pursuant to Section 3.5. 
 7.2.
Designation of Beneficiaries. Each Participant (and Beneficiary) shall have the right to designate one or more Beneficiaries to receive distributions in the event of the Participant’s (or Beneficiary’s) death by filing with the
Administrator a Beneficiary designation on a form that may be prescribed by the Administrator for such purpose from time to time. The designation of a Beneficiary or Beneficiaries may be changed by a Participant (or Beneficiary) at any time prior to
such Participant’s (or Beneficiary’s) death by the delivery to the Administrator of a new Beneficiary designation form. The Administrator may require that only the Beneficiary or Beneficiaries identified on the Beneficiary designation form
prescribed by the Administrator be recognized as a Participant’s (or Beneficiary’s) Beneficiary or Beneficiaries under the Plan, and that absent the completion of the currently prescribed Beneficiary designation form, the Participants (or
Beneficiary’s) Beneficiary designation shall be the Participant’s (or Beneficiary’s) estate. 
 ARTICLE 8
– HARDSHIP AND OTHER ACCELERATION EVENTS 
 8.1. Hardship. Notwithstanding the terms of an Initial Election or
Subsequent Election, if, at the Participant’s request, the Board determines that the Participant has incurred a Hardship, the Board may, in its discretion, authorize the immediate distribution of all or any portion of the Participant’s
Account. 
 8.2. Other Acceleration Events. To the extent permitted by Section 409A, notwithstanding the terms of an
Initial Election or Subsequent Election, distribution of all or part of a Participant’s Account may be made: 
 8.2.1. To
fulfill a domestic relations order (as defined in section 414(p)(1)(B) of the Code) to the extent permitted by Treasury Regulations section 1.409A-3(j)(4)(ii) or any successor provision of law). 

8.2.2. To the extent necessary to comply with laws relating to avoidance of conflicts of interest, as provided in Treasury Regulation
section 1.409A-3(j)(4)(iii) (or any successor provision of law). 
 8.2.3. To pay employment taxes to the extent permitted by
Treasury Regulation section 1.409A-3(j)(4)(vi) (or any successor provision of law). 
 8.2.4. In connection with the recognition
of income as the result of a failure to comply with Section 409A, to the extent permitted by Treasury Regulation section 1.409A-3(j)(4)(vii) (or any successor provision of law). 

  
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 8.2.5. To pay state, local or foreign taxes to the extent permitted by Treasury Regulation
section 1.409A-3(j)(4)(xi) (or any successor provision of law). 
 8.2.6. In satisfaction of a debt of a Participant to a
Participating Company where such debt is incurred in the ordinary course of the service relationship between the Participant and the Participating Company, to the extent permitted by Treasury Regulation section 1.409A-3(j)(4)(xiii) (or any successor
provision of law). 
 8.2.7. In connection with a bona fide dispute as to a Participant’s right to payment, to the extent
permitted by Treasury Regulation section 1.409A-3(j)(4)(xiv) (or any successor provision of law). 
 ARTICLE 9 –
INTERPRETATION 
 9.1. Authority of Committee. The Committee shall have full and exclusive authority to construe,
interpret and administer this Plan and the Committee’s construction and interpretation thereof shall be binding and conclusive on all persons for all purposes. 
 9.2. Claims Procedure. If an individual (hereinafter referred to as the “Applicant,” which reference shall include the legal representative, if any, of the individual) does not receive
timely payment of benefits to which the Applicant believes he is entitled under the Plan, the Applicant may make a claim for benefits in the manner hereinafter provided. 
 An Applicant may file a claim for benefits with the Administrator on a form supplied by the Administrator. If the Administrator wholly or partially denies a claim, the Administrator shall provide the
Applicant with a written notice stating: 
 (a) The specific reason or reasons for the denial; 

(b) Specific reference to pertinent Plan provisions on which the denial is based; 

(c) A description of any additional material or information necessary for the Applicant to perfect the claim and an explanation of why
such material or information is necessary; and 
 (d) Appropriate information as to the steps to be taken in order to submit a
claim for review. 
 Written notice of a denial of a claim shall be provided within 90 days of the receipt of the claim, provided that if
special circumstances require an extension of time for processing the claim, the Administrator may notify the Applicant in writing that an additional period of up to 90 days will be required to process the claim. 

If the Applicant’s claim is denied, the Applicant shall have 60 days from the date of receipt of written notice of the denial of the
claim to request a review of the denial of the claim by the Administrator. Request for review of the denial of a claim must be submitted in writing. The Applicant shall have the right to review pertinent documents and submit issues and

  
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comments to the Administrator in writing. The Administrator shall provide a written decision within 60 days of its receipt of the Applicant’s request for review, provided that if special
circumstances require an extension of time for processing the review of the Applicant’s claim, the Administrator may notify the Applicant in writing that an additional period of up to 60 days shall be required to process the Applicant’s
request for review. 
 It is intended that the claims procedures of this Plan be administered in accordance with the claims
procedure regulations of the Department of Labor set forth in 29 CFR § 2560.503-1. 
 Claims for benefits under the Plan
must be filed with the Administrator at the following address: 
 Comcast Corporation 

One Comcast Center 
 1701 John F. Kennedy Boulevard 
 Philadelphia, PA 19103 

Attention: General Counsel 
 ARTICLE 10 – AMENDMENT OR TERMINATION 
 10.1. Amendment or
Termination. Except as otherwise provided by Section 10.2, the Company, by action of the Board or by action of the Committee, shall have the right at any time, or from time to time, to amend or modify this Plan. The Company, by action of
the Board, shall have the right to terminate this Plan at any time. 
 10.2. Amendment of Rate of Credited Earnings. No
amendment shall change the Applicable Interest Rate with respect to the portion of a Participant’s Account that is attributable to an Initial Election or Subsequent Election made with respect to Compensation earned in a calendar year and filed
with the Administrator before the date of adoption of such amendment by the Board. For purposes of this Section 10.2, a Subsequent Election to defer the payment of part or all of an Account for an additional period after a previously-elected
payment date (as described in Section 3.5) shall be treated as a separate Subsequent Election from any previous Initial Election or Subsequent Election with respect to such Account. 

ARTICLE 11 – WITHHOLDING OF TAXES 
 Whenever the Participating Company is required to credit deferred Compensation to the Account of a Participant, the Participating Company shall have the right to require the Participant to remit to the
Participating Company an amount sufficient to satisfy any federal, state and local withholding tax requirements prior to the date on which the deferred Compensation shall be deemed credited to the Account of the Participant, or take any action
whatever that it deems necessary to protect its interests with respect to tax liabilities. The Participating Company’s obligation to credit deferred Compensation to an Account shall be conditioned on the Participant’s compliance, to the
Participating Company’s satisfaction, with any withholding requirement. To the maximum extent possible, the Participating Company shall satisfy all applicable withholding tax requirements by withholding tax from other Compensation

  
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payable by the Participating Company to the Participant, or by the Participant’s delivery of cash to the Participating Company in an amount equal to the applicable withholding tax.

 ARTICLE 12 – MISCELLANEOUS PROVISIONS 
 12.1. No Right to Continued Employment. Nothing contained herein shall be construed as conferring upon any Participant the right to remain in service as an Outside Director or Director Emeritus or
in the employment of a Participating Company as an executive or in any other capacity. 
 12.2. Expenses of Plan. All
expenses of the Plan shall be paid by the Participating Companies. 
 12.3. Gender and Number. Whenever any words are
used herein in any specific gender, they shall be construed as though they were also used in any other applicable gender. The singular form, whenever used herein, shall mean or include the plural form, and vice versa, as the context may
require. 
 12.4. Law Governing Construction. The construction and administration of the Plan and all questions
pertaining thereto, shall be governed by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and other applicable federal law and, to the extent not governed by federal law, by the laws of the Commonwealth of
Pennsylvania. 
 12.5. Headings Not a Part Hereof. Any headings preceding the text of the several Articles, Sections,
subsections, or paragraphs hereof are inserted solely for convenience of reference and shall not constitute a part of the Plan, nor shall they affect its meaning, construction, or effect. 

12.6. Severability of Provisions. If any provision of this Plan is determined to be void by any court of competent jurisdiction,
the Plan shall continue to operate and, for the purposes of the jurisdiction of that court only, shall be deemed not to include the provision determined to be void. 
 ARTICLE 13 – EFFECTIVE DATE 
 The effective date of this amendment and
restatement of the Plan shall be February 22, 2011, except to the extent otherwise provided in the Plan. The original effective date of the Plan is January 1, 2005. 

IN WITNESS WHEREOF, COMCAST CORPORATION has caused this Plan to be executed by its officers thereunto duly
authorized, and its corporate seal to be affixed hereto, as of the 22nd day of February, 2011. 

                       
                 COMCAST CORPORATION 

  
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	BY:	 	 /s/ David L.
Cohen

			
		
	ATTEST:	 	 /s/ Arthur R. Block

  
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