Document:

Comcast Corp 2002 Restricted Stock Plan dated August 29, 2012

 Exhibit 10.2 
 COMCAST CORPORATION 
 2002 RESTRICTED STOCK PLAN 

 

	1.	BACKGROUND AND PURPOSE 

(a) Amendment and Restatement of Plan. COMCAST CORPORATION, a Pennsylvania corporation, hereby amends and restates the Comcast
Corporation 2002 Restricted Stock Plan (the “Plan”). The purpose of the Plan is to promote the ability of Comcast Corporation to recruit and retain employees and enhance the growth and profitability of Comcast Corporation by providing the
incentive of long-term awards for continued employment and the attainment of performance objectives. 
 (b) Purpose of the
Amendment; Credits Affected. The Plan was previously amended and restated, effective January 1, 2005 in order (i) to preserve the favorable tax treatment available to amounts deferred pursuant to the Plan before January 1, 2005
and the earnings credited in respect of such amounts (each a “Grandfathered Amount”) 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 (ii) with respect to all other amounts eligible to be deferred under the Plan,
to comply with the requirements of Section 409A. Grandfathered Amounts will continue to be subject to the terms and conditions of the Plan as in effect prior to January 1, 2005. All amounts eligible to be deferred under the Plan other than
Grandfathered Amounts will be subject to the terms of this amendment and restatement of the Plan and Section 409A. 
 (c)
Reservation of Right to Amend to Comply with Section 409A. In addition to the powers reserved to the Board and the Committee under Paragraph 14 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 the Section 409A. 
 (d) Deferral Provisions of Plan Unfunded and Limited to Select Group of Management or Highly Compensated Employees. Deferral Eligible Grantees and Non-Employee Directors may elect to
defer the receipt of Restricted Stock and Restricted Stock Units as provided in Paragraph 8. The deferral provisions of Paragraph 8 and the other provisions of the Plan relating to the deferral of Restricted Stock and Restricted Stock Units are
unfunded and maintained primarily for the purpose of providing a select group of management or highly compensated employees the opportunity to defer the receipt of compensation otherwise payable to such eligible employees in accordance with the
terms of the Plan. 
 (e) References to Written Forms, Elections and Notices. Any action under the Plan that requires a
written form, election, notice or other action shall be treated as completed if taken via electronic or other means, to the extent authorized by the Committee. 

	2.	DEFINITIONS 

 (a)
[RESERVED] 
 (b) “Account” means unfunded bookkeeping accounts established pursuant to Paragraph 8(h) and
maintained by the Committee in the names of the respective Grantees (i) to which Deferred Stock Units, dividend equivalents and earnings on dividend equivalents shall be credited with respect to the portion of the Account allocated to the
Company Stock Fund and (ii) to which an amount equal to the Fair Market Value of Deferred Stock Units with respect to which a Diversification Election has been made and interest thereon are deemed credited, reduced by distributions in
accordance with the Plan. 
 (c) “Active Grantee” means each Grantee who is actively employed by a
Participating Company. 
 (d) “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. 
 (e) “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. 
 (f)
“Applicable Interest Rate” means: 
  

	 	(i)	Except as otherwise provided in Paragraph 2(f)(ii): 

  

	 	(A)	The Applicable Interest Rate with respect to amounts credited to the Income Fund that are attributable to (1) dividends and other distributions credited with
respect to Deferred Stock Units that are deferred pursuant to Initial Elections made before January 1, 2010 and (2) Diversification Elections and Special Diversification Elections made before January 1, 2010 shall be the interest rate
that, when compounded annually pursuant to rules established by the Committee from time to time, is mathematically equivalent to 8% (0.08) per annum, or such other interest rate established by the Committee from time to time.

  
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	 	(B)	The Applicable Interest Rate with respect to amounts credited to the Income Fund that are attributable to (1) dividends and other distributions credited with
respect to Deferred Stock Units that are deferred pursuant to Initial Elections made on or after January 1, 2010 and before January 1, 2014 and (2) Diversification Elections and Special Diversification Elections made on or after
January 1, 2010 and before January 1, 2014, shall bethe interest rate that, when compounded annually pursuant to rules established by the Committee from time to time, is mathematically equivalent to 12% per annum, or such other
interest rate established by the Committee from time to time. 

  

	 	(C)	 Effective with respect to amounts credited to the Income Fund that are attributable to dividends and other distributions credited with respect to
Deferred Stock Units that are deferred pursuant to Initial Elections made on or after January 1, 2014, and (2) Diversification Elections and Special Diversification Elections made on or after January 1, 2014, the “Applicable
Interest Rate” shall be the Applicable Interest Rate that applies to “Protected Benefits” under the Comcast Corporation 2005 Deferred Compensation Plan (the “2005 Deferred Compensation Plan”) if, as of the
September 30th immediately preceding the Plan Year to
which the Initial Election or Diversification Election applies, the sum of (x) the Grantee’s Account under the 2005 Deferred Compensation Plan, plus (y) the Grantee’s Account under the Comcast Corporation 2002 Deferred
Compensation Plan (the “2002 Deferred Compensation Plan”), plus (z) the portion of the Grantee’s Account under this Plan credited to the Income Fund, does not exceed the Grantee’s highest sum of the amounts described in (x),
(y) and (z) above as of the last day of any calendar quarter ending during the five-consecutive-year period ending December 31, 2013. If the conditions described in the preceding sentence do not apply, the “Applicable Interest
Rate” shall be the Applicable Interest Rate that applies under the 2005 Deferred Compensation Plan to amounts credited pursuant to Initial Elections with respect to compensation earned after December 31, 2013, that are not Protected
Benefits. 

  

	 	(ii)	 Effective for the period beginning as soon as administratively practicable following a Grantee’s employment termination date to the date the
Grantee’s Account is distributed in full, the Committee, in its sole and absolute discretion, may designate the 

  
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term “Applicable Interest Rate” for such Grantee’s Account to mean the lesser of: (A) the rate in effect under Paragraph 2(f)(i) or (B) the interest rate that, when
compounded annually pursuant to rules established by the Committee from time to time, is mathematically equivalent to the Prime Rate plus one percent, compounded annually as of the last day of the calendar year. Notwithstanding the foregoing, the
Committee may delegate its authority to determine the Applicable Interest Rate under this Paragraph 2(f)(ii) to an officer of the Company or committee of two or more officers of the Company. 

(g) “AT&T Broadband Transaction” means the acquisition of AT&T Broadband Corp. (now known as Comcast Cable
Communications, LLC) by the Company. 
 (h) “Award” means an award of Restricted Stock or Restricted Stock
Units granted under the Plan. 
 (i) “Board” means the Board of Directors of the Company. 

(j) “Change of Control” means: 
  

	 	(i)	For all purposes of the Plan other than Paragraph 8, 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. 

 

	 	(ii)	For purposes of Paragraph 8, 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. 

 (k)
“Code” means the Internal Revenue Code of 1986, as amended. 
 (l) “Comcast Plan” means any
restricted stock, restricted stock unit, stock bonus, stock option or other compensation plan, program or arrangement established or maintained by the Company or an Affiliate, including but not limited to this Plan, the Comcast Corporation 2003
Stock Option Plan, the Comcast Corporation 2002 Stock Option Plan, the Comcast Corporation 1996 Stock Option Plan, Comcast Corporation 1987 Stock Option Plan and the Comcast Corporation 2002 Deferred Stock Option Plan. 

(m) “Committee” means the Compensation Committee of the Board, provided that all references to the Committee shall be
treated as references to the Committee’s 

  
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delegate with respect to any Award granted within the scope of the delegate’s authority pursuant to Paragraph 5(f). 
 (n) “Common Stock” means Class A Common Stock, par value $0.01, of the Company. 
 (o) “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. 
 (p) “Company Stock Fund” means a hypothetical investment fund pursuant to which Deferred Stock
Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies
to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common
Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were credited to the Income
Fund, held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such
December 31), provided that dividends and other distributions paid with respect to Common Stock or Special Common Stock after December 31, 2011 shall be credited with interest at the Applicable Interest Rate commencing as of the date on
which dividends or other distributions are paid. 
 (q) “Date of Grant” means the date on which an Award is
granted. 
 (r) “Deceased Grantee” means: 

 

	 	(i)	A Grantee whose employment by a Participating Company is terminated by death; or 

 

	 	(ii)	A Grantee who dies following termination of employment by a Participating Company. 

(s) “Deferral Eligible Employee” means: 
  

	 	(i)	Effective before January 1, 2014: 

  

	 	(A)	An Eligible Employee whose Annual Rate of Pay is $200,000 or more as of both: (x) the date on which an Initial Election is filed with the Committee; and
(y) the first day of the calendar year in which such Initial Election filed. 

  

	 	(B)	 An Eligible Employee whose Annual Rate of Pay is $125,000 as of each of: (x) June 30, 2002; (y) the date on

  
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which an Initial Election is filed with the Committee; and (z) the first day of each calendar year beginning after December 31, 2002. 

 

	 	(C)	Each New Key Employee. 

  

	 	(D)	Each other employee of a Participating Company who is designated by the Committee, in its sole and absolute discretion, as a Deferral Eligible Employee.

  

	 	(ii)	Effective on and after January 1, 2014: 

  

	 	(A)	An Eligible Employee whose Annual Rate of Pay is $250,000 or more as of both: (x) the date on which an Initial Election is filed with the Committee; and
(y) the first day of the calendar year in which such Initial Election filed. 

  

	 	(B)	Each New Key Employee. 

  

	 	(C)	Each other employee of a Participating Company who is designated by the Committee, in its sole and absolute discretion, as a Deferral Eligible Employee.

 Notwithstanding anything in this Paragraph 2(s) to the contrary, except as otherwise provided by the Committee or its delegate,
no Grantee who is an employee of NBCUniversal, LLC, a Delaware limited liability company, and its subsidiaries (collectively, “NBCUniversal”) shall be a Deferral Eligible Employee with respect to any Award granted to such Grantee on or
after January 29, 2011. 
 (t) “Deferred Stock Units” means the number of hypothetical Shares subject to
an Election. 
 (u) “Disability” means: 

 

	 	(i)	A Grantee’s substantial inability to perform 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 12 consecutive months or for a cumulative period of 52 weeks in any two calendar year period; or 

 

	 	(ii)	If different from the definition in Paragraph 2(u)(i) above, “Disability” as it may be defined in such Grantee’s employment agreement between the Grantee
and the Company or an Affiliate, if any. 

  
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 (v) “Disabled Grantee” means: 

 

	 	(i)	A Grantee whose employment by a Participating Company is terminated by reason of Disability; 

 

	 	(ii)	The duly-appointed legal guardian of an individual described in Paragraph 2(v)(i) acting on behalf of such individual. 

(w) “Diversification Election” means a Grantee’s election to have a portion of the Grantee’s Account credited
in the form of Deferred Stock Units and attributable to any grant of Restricted Stock or Restricted Stock Units deemed liquidated and credited thereafter under the Income Fund, as provided in Paragraph 8(k). 

(x) “Election” means, as applicable, an Initial Election or a Subsequent Election. 

(y) “Eligible Employee” means an employee of a Participating Company, as determined by the Committee. 

(z) “Fair Market Value” means: 
  

	 	(i)	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. 

  

	 	(ii)	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. 

  

	 	(iii)	If Shares are not so listed nor trades of Shares so reported, Fair Market Value shall be determined by the Committee in good faith. 

(aa) “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. 
 (bb) “Grandfathered Amount” means amounts
described in Paragraph 1(b) that were deferred under the Plan and that were earned and vested before January 1, 2005. 

(cc) “Grantee” means an Eligible Employee or Non-Employee Director who is granted an Award. 

(dd) “Hardship” means an “unforeseeable emergency,” as defined in Section 409A. The Committee shall
determine whether the circumstances of the Grantee 

  
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constitute an unforeseeable emergency and thus a Hardship within the meaning of this Paragraph 2(dd). Following a uniform procedure, the Committee’s determination shall consider any facts or
conditions deemed necessary or advisable by the Committee, and the Grantee shall be required to submit any evidence of the Grantee’s circumstances that the Committee requires. The determination as to whether the Grantee’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(dd) for all Grantees in similar
circumstances. 
 (ee) “Income Fund” means a hypothetical investment fund pursuant to which an amount equal to
the Fair Market Value of Deferred Stock Units subject to a Diversification Election is credited as of the effective date of such Diversification Election and as to which interest is credited thereafter until the date of distribution at the
Applicable Interest Rate. In addition, the Income Fund shall also be deemed to hold dividend equivalents and earnings on dividend equivalents credited to a Grantee’s Account as described in Section 2(b) and Section 2(p).
Notwithstanding any other provision of the Plan to the contrary, for purposes of determining the time and form of payment of amounts credited to the Income Fund, the rules of the 2005 Deferred Compensation Plan shall apply on the same basis as if
such amounts were credited to a participant’s account under such 2005 Deferred Compensation Plan. 
 (ff) “Initial
Election” means a written election on a form provided by the Committee, pursuant to which a Grantee: (i) elects, within the time or times specified in Paragraph 8(a), to defer the distribution date of Shares issuable with respect to
Restricted Stock or Restricted Stock Units; (ii) designates the distribution date of such Shares; or (iii) makes a tax withholding election as described in Paragraph 9(c)(iii). 

(gg) “New Key Employee” means: 
  

	 	(i)	Effective before January 1, 2014, each employee of a Participating Company who: 

 

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

  

	 	(ii)	Effective on and after January 1, 2014, each employee of a Participating Company who: 

 

	 	(A)	becomes an employee of a Participating Company and has an Annual Rate of Pay of $250,000 or more as of his employment commencement date; or 

  
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	 	(B)	has an Annual Rate of Pay that is increased to $250,000 or more and who, immediately preceding such increase, was not a Deferral Eligible Employee.

 (hh) “Non-Employee Director” means an individual who is a member of the Board, and who is not
an employee of the Company, including an individual who is a member of the Board and who previously was an employee of the Company. 
 (ii) “Normal Retirement” means a Grantee’s 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. 
 (jj) “Other Available Shares” means, as of any date, the sum of: 

 

	 	(i)	The total number of Shares owned by a Grantee or such Grantee’s Family Member that were not acquired by such Grantee or such Grantee’s Family Member pursuant
to a Comcast Plan or otherwise in connection with the performance of services to the Company or an Affiliate; plus 

  

	 	(ii)	The excess, if any of: 

  

	 	(A)	The total number of Shares owned by a Grantee or such Grantee’s Family Member other than the Shares described in Paragraph 2(jj)(i); over 

 

	 	(B)	The sum of: 

  

	 	(1)	The number of such Shares owned by such Grantee or such Grantee’s Family Member for less than six months; plus 

 

	 	(2)	The number of such Shares owned by such Grantee or such Grantee’s Family Member that has, within the preceding six months, been the subject of a withholding
certification pursuant to Paragraph 9(c)(ii) or any similar withholding certification under any other Comcast Plan; plus 

  

	 	(3)	The number of such Shares owned by such Grantee or such Grantee’s Family Member 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 Company or an Affiliate of the Company, 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 Grantee or such Grantee’s Family Member as to which evidence of

  
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ownership has, within the preceding six months, been provided to the Company in connection with the crediting of “Deferred Stock Units” to such Grantee’s Account under the Comcast
Corporation 2002 Deferred Stock Option Plan (as in effect from time to time). 

 For purposes of this Paragraph 2(jj), a Share
that is subject to an Election pursuant to Paragraph 8 or a deferral election pursuant to another Comcast Plan shall not be treated as owned by a Grantee 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 Special Common Stock, provided that Shares of Common Stock or Special Common Stock that otherwise qualify as “Other Available Shares” under this Paragraph 2(jj), or any combination
thereof, shall be permitted to support any attestation to ownership referenced in the Plan for any purpose for which attestation may be necessary or appropriate. For purposes of determining the number of Other Available Shares, the term
“Shares” shall also include the securities held by a Grantee or such Grantee’s Family Member immediately before the consummation of the AT&T Broadband Transaction that became Shares as a result of the AT&T Broadband
Transaction. 
 (kk) “Participating Company” means the Company and each of the Subsidiary Companies.

 (ll) “Performance-Based Compensation” means “Performance-Based Compensation” within the meaning of
Section 409A. 
 (mm) “Performance Period” means a period of at least 12 months during which a Grantee may
earn Performance-Based Compensation. 
 (nn) “Person” means an individual, a corporation, a partnership, an
association, a trust or any other entity or organization. 
 (oo) “Plan” means the Comcast Corporation 2002
Restricted Stock Plan, as set forth herein, and as amended from time to time. 
 (pp) “Prime Rate” means, for
any calendar year, the interest rate that, when compounded daily pursuant to rules established by the Committee 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. 

(qq) “Restricted Stock” means Shares subject to restrictions as set forth in an Award. 

(rr) “Restricted Stock Unit” means a unit that entitles the Grantee, upon the Vesting Date set forth in an Award, to
receive one Share. 
 (ss) “Retired Grantee” means a Grantee who has terminated employment pursuant to a Normal
Retirement. 

  
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 (tt) “Rule 16b-3” means Rule 16b-3 promulgated under the 1934 Act, as in
effect from time to time. 
 (uu) “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. 
 (vv) “Share” or
“Shares” means: 
  

	 	(i)	except as provided in Paragraph 2(vv)(ii), a share or shares of Common Stock. 

 

	 	(ii)	with respect to Awards granted before the consummation of the AT&T Broadband Transaction as to which a Vesting Date has not occurred, and for purposes of Paragraphs
2(jj) and 9(c), the term “Share” or “Shares” also means a share or shares of Special Common Stock. 

 (ww) “Special Common Stock” means Class A Special Common Stock, par value $0.01, of the Company. 
 (xx) “Special Diversification Election” means, with respect to each separate Award, a Diversification Election by a Grantee other than a Non-Employee Director to have more than 40 percent
of the Deferred Stock Units credited to such Grantee’s Account in the Company Stock Fund liquidated and credited thereafter under the Income Fund, as provided in Paragraph 8(k)(i), if (and to the extent that) it is approved by the Committee or
its delegate in accordance with Paragraph 8(k)(ii). 
 (yy) “Subsequent Election” means a written election on a
form provided by the Committee, filed with the Committee in accordance with Paragraph 8(d), pursuant to which a Grantee: (i) elects, within the time or times specified in Paragraph 8(d), to further defer the distribution date of Shares issuable
with respect to Restricted Stock or Restricted Stock Units; and (ii) designates the distribution date of such Shares. 

(zz) “Subsidiary Companies” means all business entities that, at the time in question, are subsidiaries of the Company,
within the meaning of section 424(f) of the Code. 
 (aaa) “Successor-in-Interest” means the estate or
beneficiary to whom the right to payment under the Plan shall have passed by will or the laws of descent and distribution. 

(bbb) “Terminating Event” means any of the following events: 

 

	 	(i)	the liquidation of the Company; or 

  

	 	(ii)	a Change of Control. 

  
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 (ccc) “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. 

(ddd) “Vesting Date” means, as applicable: (i) the date on which the restrictions imposed on a Share of Restricted
Stock lapse or (ii) the date on which the Grantee vests in a Restricted Stock Unit. 
 (eee) “1933 Act”
means the Securities Act of 1933, as amended. 
 (fff) “1934 Act” means the Securities Exchange Act of 1934, as
amended. 
  

	3.	RIGHTS TO BE GRANTED 

Rights that may be granted under the Plan are: 
 (a) Rights to Restricted Stock which gives the Grantee ownership rights in the Shares subject to the Award, subject to a substantial risk of forfeiture, as set forth in Paragraph 7, and to deferred
payment, as set forth in Paragraph 8; and 
 (b) Rights to Restricted Stock Units which give the Grantee the right to receive
Shares upon a Vesting Date, as set forth in Paragraph 7, and to deferred payment, as set forth in Paragraph 8. The maximum number of Shares subject to Awards that may be granted to any single individual in any calendar year, adjusted as provided in
Paragraph 10, shall be 2.0 million Shares. 
  

	4.	SHARES SUBJECT TO THE PLAN 

(a) Subject to adjustment as provided in Paragraph 10, not more than 96.5 million Shares in the aggregate may be issued under
the Plan pursuant to the grant of Awards. The Shares issued under the Plan may, at the Company’s option, be either Shares held in treasury or Shares originally issued for such purpose. 

(b) If (i) Restricted Stock or Restricted Stock Units are forfeited pursuant to the terms of an Award or (ii) with respect to
Restricted Stock Units, the Company withholds Shares to satisfy its minimum tax withholding requirements as provided in Paragraph 9(c), other Awards may be granted covering the Shares that were forfeited, or covering the Shares so withheld to
satisfy the Company’s minimum tax withholding requirements, as applicable. 
  

	5.	ADMINISTRATION OF THE PLAN 

(a) Administration. The Plan shall be administered by the Committee, provided that with respect to Awards to Non-Employee
Directors, the rules of this Paragraph 5 shall apply so that all references in this Paragraph 5 to the Committee shall be treated as references to either the Board or the Committee acting alone. 

  
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 (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: 
  

	 	(i)	select those Employees and Non-Employee Directors to whom Awards shall be granted under the Plan, to determine the number of Shares and/or Restricted Stock Units, as
applicable, to be granted pursuant to each Award, and, pursuant to the provisions of the Plan, to determine the terms and conditions of each Award, including the restrictions applicable to such Shares and the conditions upon which a Vesting Date
shall occur; and 

  

	 	(ii)	interpret the Plan’s provisions, prescribe, amend and rescind rules and regulations for the Plan, and make all other determinations necessary or advisable for the
administration of the Plan. 

 The determination of the Committee in all matters as stated above shall be conclusive. 

(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 in writing 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 Awards 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
Company to the fullest extent provided by applicable law and the Company’ s Articles of Incorporation and By-laws in connection with or arising out of any action, suit or proceeding with respect to the administration of the Plan or the granting
of Awards thereunder in which he may be involved by reason 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. 

(f) Delegation of Authority. The Committee may delegate its authority with respect to the grant, amendment, interpretation and
administration of grants and awards of restricted stock and restricted stock units 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 5(f) shall continue in effect until the earliest of: 

  
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	 	(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. 

 

	6.	ELIGIBILITY 

 Awards may
be granted only to Eligible Employees and Non-Employee Directors. 
  

	7.	RESTRICTED STOCK AND RESTRICTED STOCK UNIT AWARDS 

 The Committee may grant Awards in accordance with the Plan, provided that the Board or the Committee may grant Awards to Non-Employee Directors authorized by the Comcast Corporation 2002 Non-Employee
Director Compensation Plan, or otherwise. With respect to Awards to Non-Employee Directors, the rules of this Paragraph 7 shall apply so that either the Board or the Committee acting alone shall have all of the authority otherwise reserved in this
Paragraph 7 to the Committee. 
 The terms and conditions of Awards shall be set forth in writing as determined from time to
time by the Committee, consistent, however, with the following: 
 (a) Time of Grant. All Awards shall be granted on or
before May 11, 2021. 
 (b) Terms of Awards. The provisions of Awards need not be the same with respect to each
Grantee. No cash or other consideration shall be required to be paid by the Grantee in exchange for an Award. 
 (c) Awards
and Agreements. Each Grantee shall be provided with an agreement specifying the terms of an Award. In addition, a certificate shall be issued to each Grantee in respect of Restricted Stock subject to an Award. Such certificate shall be
registered in the name of the Grantee and shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to such Award. The Company may require that the certificate evidencing such Restricted Stock be held by the
Company until all restrictions on such Restricted Stock have lapsed. 
 (d) Restrictions. Subject to the provisions of
the Plan and the Award, the Committee may establish a period commencing with the Date of Grant during which the Grantee shall not be permitted to sell, transfer, pledge or assign Restricted Stock or Restricted Stock Units awarded under the Plan.

 (e) Vesting/Lapse of Restrictions. Subject to the provisions of the Plan and the Award, a Vesting Date for Restricted
Stock or Restricted Stock Units subject to an 

  
 -14-

 
Award shall occur at such time or times and on such terms and conditions as the Committee may determine and as are set forth in the Award; provided, however, that except as otherwise provided by
the Committee, a Vesting Date shall occur only if the Grantee is an employee of a Participating Company as of such Vesting Date, and has been an employee of a Participating Company continuously from the Date of Grant. The Award may provide for
Restricted Stock or Restricted Stock Units to vest in installments, as determined by the Committee. The Committee may, in its sole discretion, waive, in whole or in part, any remaining conditions to vesting with respect to such Grantee’s
Restricted Stock or Restricted Stock Units, provided that for avoidance of doubt, such unilateral discretion shall not apply to any grant of rights that is designated as intended to satisfy the rules for performance-based compensation under section
162(m) of the Code. All references to Shares in Awards granted before the consummation of the AT&T Broadband Transaction as to which a Vesting Date has not occurred shall be deemed to be references to Special Common Stock. 

(f) Rights of the Grantee. Grantees may have such rights with respect to Shares subject to an Award as may be determined by the
Committee and set forth in the Award, including the right to vote such Shares, and the right to receive dividends paid with respect to such Shares. A Grantee whose Award consists of Restricted Stock Units shall not have the right to vote or to
receive dividend equivalents with respect to such Restricted Stock Units. 
 (g) Termination of Grantee’s
Employment. A transfer of an Eligible Employee between two employers, each of which is a Participating Company, shall not be deemed a termination of employment. In the event that a Grantee terminates employment with all Participating Companies,
all Restricted Shares and/or Restricted Stock Units as to which a Vesting Date has not occurred shall be forfeited by the Grantee and deemed canceled by the Company. 
 (h) Delivery of Shares. For purposes of the Plan, the Company may satisfy its obligation to deliver Shares issuable under the Plan either by (i) delivery of a physical certificate for Shares
issuable under the Plan or (ii) arranging for the recording of Grantee’s ownership of Shares issuable under the Plan on a book entry recordkeeping system maintained on behalf of the Company. Except as otherwise provided by Paragraph 8,
when a Vesting Date occurs with respect to all or a portion of an Award of Restricted Stock or Restricted Stock Units, the Company shall notify the Grantee that a Vesting Date has occurred, and shall deliver to the Grantee (or the Grantee’s
Successor-in-Interest) Shares as to which a Vesting Date has occurred (or in the case of Restricted Stock Units, the number of Shares represented by such Restricted Stock Units) without any legend or restrictions (except those that may be imposed by
the Committee, in its sole judgment, under Paragraph 9(a)). The right to payment of any fractional Shares that may have accrued shall be satisfied in cash, measured by the product of the fractional amount times the Fair Market Value of a Share at
the Vesting Date, as determined by the Committee. 

  
 -15-

	8.	DEFERRAL ELECTIONS 

 A
Grantee may elect to defer the receipt of Shares that would otherwise be issuable with respect to Restricted Stock Units as to which a Vesting Date has not occurred, as provided by the Committee in the Award, consistent, however, with the following:

 (a) Initial Election. 
  

	 	(i)	Election. Each Grantee who is a Non-Employee Director or a Deferral Eligible Employee shall have the right to defer the receipt of some or all of the Shares
issuable with respect to Restricted Stock Units as to which a Vesting Date has not yet occurred, by filing an Initial Election to defer the receipt of such Shares on a form provided by the Committee for this purpose. 

 

	 	(ii)	 Deadline for Initial Election. No Initial Election to defer the receipt of Shares issuable with respect to Restricted Stock Units that are not
Performance-Based Compensation shall be effective unless it is filed with the Committee on or before the 30th day following the Date of Grant and 12 or more months in advance of the applicable Vesting Date. No Initial Election to defer the receipt of Shares issuable with respect to Restricted Stock Units that
are Performance-Based Compensation shall be effective 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.

 (b) Effect of Failure of Vesting Date to Occur. An Election shall be null and void if a Vesting Date
with respect to the Restricted Stock Units does not occur before the distribution date for Shares issuable with respect to such Restricted Stock Units identified in such Election. 

(c) Deferral Period. Except as otherwise provided in Paragraph 8(d), all Shares issuable with respect to Restricted Stock Units
that are subject to an Election shall be delivered to the Grantee (or the Grantee’s Successor-in-Interest) without any legend or restrictions (except those that may be imposed by the Committee, in its sole judgment, under Paragraph 9(a)), on
the distribution date for such Shares designated by the Grantee on the most recently filed Election. Except as otherwise specifically provided by the Plan, no distribution may be made earlier than January 2nd of the third calendar year
beginning after the Vesting Date, nor later than January 2nd of the eleventh calendar year beginning after the Vesting Date. The distribution date may vary with each separate Election. 

  
 -16-

 (d) Additional Elections. Notwithstanding anything in this Paragraph 8(d) to the
contrary, no Subsequent Election shall be effective until 12 months after the date on which such Subsequent Election is made. 
  

	 	(i)	Each Active Grantee who has previously made an Initial Election to receive a distribution of part or all of his or her Account, or who, pursuant to this Paragraph
8(d)(i) has made a Subsequent Election to defer the distribution date for Shares issuable with respect to Restricted Stock Units for an additional period from the originally-elected distribution date, may elect to defer the distribution date for a
minimum of five and a maximum of ten additional years from the previously-elected distribution date, by filing a Subsequent Election with the Committee on or before the close of business at least one year before the date on which the distribution
would otherwise be made. 

  

	 	(ii)	A Deceased Grantee’s Successor-in-Interest may elect to file a Subsequent Election to defer the distribution date for the Deceased Grantee’s Shares issuable
with respect to Restricted Stock Units for five additional years from the date payment would otherwise be made. A Subsequent Election must be filed with the Committee at least one year before the date on which the distribution would otherwise be
made, as reflected on the Deceased Grantee’s last Election. 

  

	 	(iii)	A Retired Grantee may elect to defer the distribution date of the Retired Grantee’s Shares issuable with respect to Restricted Stock Units for five additional
years from the date payment would otherwise be made. A Subsequent Election must be filed with the Committee at least one year before the date on which the distribution would otherwise be made, as reflected on the Retired Grantee’s last
Election. 

 (e) 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 deferral provisions of the Plan and,
notwithstanding any other provision of the Plan or the terms of any Initial Election or Subsequent Election, distribute the Account of each Grantee in full and thereby effect the revocation of any outstanding Initial Elections or Subsequent
Elections. 
 (f) Hardship. Notwithstanding the terms of an Initial Election or Subsequent Election, if, at the
Grantee’s request, the Committee determines that the Grantee has incurred a Hardship, the Committee may, in its discretion, authorize the immediate distribution of all or any portion of the Grantee’s Account. 

  
 -17-

 (g) 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 Grantee’s Account may be made: 
  

	 	(i)	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). 

  

	 	(ii)	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). 

  

	 	(iii)	To pay employment taxes to the extent permitted by Treasury Regulation section 1.409A-3(j)(4)(vi) (or any successor provision of law). 

 

	 	(iv)	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). 

  

	 	(v)	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).

  

	 	(vi)	In satisfaction of a debt of a Grantee to a Participating Company where such debt is incurred in the ordinary course of the service relationship between the Grantee and
the Participating Company, to the extent permitted by Treasury Regulation section 1.409A-3(j)(4)(xiii) (or any successor provision of law). 

  

	 	(vii)	In connection with a bona fide dispute as to a Grantee’s right to payment, to the extent permitted by Treasury Regulation section 1.409A-3(j)(4)(xiv) (or any
successor provision of law). 

 (h) Book Accounts. An Account shall be established for each Grantee who
makes an Election. Deferred Stock Units shall be credited to the Account as of the date an Election becomes effective. Each Deferred Stock Unit will represent, as applicable, either a hypothetical share of Common Stock or a hypothetical share of
Special Common Stock credited to the Account in lieu of delivery of the Shares to which the Election applies. To the extent an Account is deemed invested in the Income Fund, the Committee shall credit earnings with respect to such Account at the
Applicable Interest Rate, as further provided in Paragraph 8(k). 
 (i) Plan-to-Plan Transfers. The Administrator may
delegate its authority to arrange for plan-to-plan transfers as described in this Paragraph 8(i) to an officer of the Company or committee of two or more officers of the Company. 

  
 -18-

	 	(i)	The Administrator may, with a Grantee’s consent, make such arrangements as it may deem appropriate to transfer the Company’s obligation to pay benefits with
respect to such Grantee 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 Grantee shall have no further right to payment under this Plan. 

 

	 	(ii)	The Administrator may, with a Grantee’s consent, make such arrangements as it may deem appropriate to assume another employer’s obligation to pay benefits
with respect to such Grantee 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 Grantee, and the
Account shall be subject to the rules of this Plan, as in effect from time to time. 

 (j) Crediting of Income,
Gains and Losses on Accounts. Except as otherwise provided in Paragraph 8(k), the value of a Grantee’s Account as of any date shall be determined as if it were invested in the Company Stock Fund. 

(k) Diversification Elections. 
  

	 	(i)	In General. Except as otherwise provided in Paragraph 8(k)(v): 

  

	 	(A)	A Diversification Election shall be available: (x) at any time that a Registration Statement filed under the 1933 Act (a “Registration Statement”) is
effective with respect to the Plan; and (y) with respect to a Special Diversification Election, if and to the extent that the opportunity to make such a Special Diversification Election has been approved by the Committee or its delegate.

  

	 	(B)	No approval is required for a Diversification Election other than a Special Diversification Election. 

 

	 	(ii)	 Committee Approval of Special Diversification Elections. The opportunity to make a Special Diversification Election and the extent to which a
Special Diversification Election applies to Deferred Stock Units credited to the Company Stock Fund may be 

  
 -19-

	 	
approved or rejected by the Committee or its delegate in its sole discretion. A Special Diversification Election shall only be effective if (and to the extent) approved by the Committee or its
delegate. 

  

	 	(iii)	Timing and Manner of Making Diversification Elections. Each Grantee and, in the case of a Deceased Grantee, the Successor-in-Interest, may make a Diversification
Election to convert up to 40 percent (or in the case of a Special Diversification Election, up to the approved percentage) of Deferred Stock Units attributable to such Award credited to the Company Stock Fund to the Income Fund. No deemed transfers
shall be permitted from the Income Fund to the Company Stock Fund. Diversification Elections under this Paragraph 8(k)(iii) shall be prospectively effective on the later of: (A) the date designated by the Grantee on a Diversification Election
filed with the Committee; or (B) the business day next following the lapse of six months from the date Deferred Stock Units subject to the Diversification Election are credited to the Grantee’s Account. In no event may a Diversification
Election be effective earlier than the business day next following the lapse of six (6) months from the date Deferred Stock Units are credited to the Account following the lapse of restrictions with respect to an Award.

  

	 	(iv)	Timing of Credits. Account balances subject to a Diversification Election under this Paragraph 8(k) shall be deemed transferred from the Company Stock Fund to
the Income Fund immediately following the effective date of such Diversification Election. The value of amounts deemed invested in the Income Fund immediately following the effective date of a Diversification Election shall be based on hypothetical
sales of Common Stock or Special Common Stock, as applicable, underlying the liquidated Deferred Stock Units at Fair Market Value as of the effective date of a Diversification Election. 

 

	 	(v)	Diversification Limit. No Diversification Election or Special Diversification Election during a calendar year by an Eligible Employee shall be effective if the
sum of (x) the value of the Eligible Employee’s Account in the 2005 Deferred Compensation Plan, plus (y) the value of the Eligible Employee’s Account in the 2002 Deferred Compensation Plan, plus (z) the value of the Eligible
Employee’s Account in this Plan to the extent such Account is credited to the “Income Fund,” exceeds the “Contribution Limit”(as defined in the 2005 Deferred Compensation Plan) with respect to such calendar year, determined
as of September 30th immediately preceding such calendar year. 

  
 -20-

 (l) Grantees’ Status as General Creditors. A Grantee’s right to delivery of
Shares subject to an Election under this Paragraph 8, or to amounts deemed invested in the Income Fund pursuant to a Diversification Election, shall at all times represent the general obligation of the Company. The Grantee 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 such obligation. Nothing contained in the Plan or an Award shall be deemed to create an escrow, trust, custodial account or
fiduciary relationship of any kind. Nothing contained in the Plan or an Award shall be construed to eliminate any priority or preferred position of a Grantee in a bankruptcy matter with respect to claims for wages. 

(m) Non-Assignability, Etc. The right of a Grantee to receive Shares subject to an Election under this Paragraph 8, or to amounts
deemed invested in the Income Fund pursuant to a Diversification Election, shall not be subject in any manner to attachment or other legal process for the debts of such Grantee; and no right to receive Shares or cash payments hereunder shall be
subject to anticipation, alienation, sale, transfer, assignment or encumbrance. 
 (n) Required Suspension of Payment of
Benefits. Notwithstanding any provision of the Plan or any Grantee’s election as to the date or time of payment of any benefit payable under the Plan, 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 the Grantee 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 Grantee’s separation from service will be deferred and paid to the Grantee in a lump sum immediately following that six month period. 

 

	9.	SECURITIES LAWS; TAXES 

(a) Securities Laws. The Committee shall have the power to make each grant of Awards under the Plan subject to such conditions as
it deems necessary or appropriate to comply with the then-existing requirements of the 1933 Act and the 1934 Act, including Rule 16b-3. Such conditions may include the delivery by the Grantee of an investment representation to the Company in
connection with a Vesting Date occurring with respect to Shares subject to an Award, or the execution of an agreement by the Grantee to refrain from selling or otherwise disposing of the Shares acquired for a specified period of time or on specified
terms. 
 (b) Taxes. Subject to the rules of Paragraph 9(c), the Company shall be entitled, if necessary or
desirable, to withhold the amount of any tax, charge or assessment attributable to the grant of any Award or the occurrence of a Vesting Date with respect to any Award, or distribution of all or any part of a Grantee’s Account. The Company
shall not be required to deliver Shares pursuant to any Award or distribute a 

  
 -21-

 
Grantee’s Account until it has been indemnified to its satisfaction for any such tax, charge or assessment. 
 (c) Payment of Tax Liabilities; Election to Withhold Shares or Pay Cash to Satisfy Tax Liability. 
  

	 	(i)	In connection with the grant of any Award, the occurrence of a Vesting Date under any Award or the distribution of a Grantee’s Account, or if, under the terms of
an Award, a Grantee’s rights with respect to Restricted Stock Units become free of a substantial risk of forfeiture as the result of the Grantee’s satisfaction of the age and service conditions for retirement eligibility, and, as a result
thereof, employment tax liabilities arise, the Company shall have the right to (A) require the Grantee to remit to the Company an amount sufficient to satisfy any federal, state and/or local withholding tax requirements, or (B) take any
action whatever that it deems necessary to protect its interests with respect to tax liabilities. The Company’s obligation to make any delivery or transfer of Shares shall be conditioned on the Grantee’s compliance, to the Company’s
satisfaction, with any withholding requirement. 

  

	 	(ii)	 Except as otherwise provided in this Paragraph 9(c)(ii), any tax withholding obligations incurred in connection with the grant of any Award, the
occurrence of a Vesting Date under any Award under the Plan that is not subject to an Initial Election, or the distribution of the portion of a Grantee’s Account that is credited to the Company Stock Fund, shall be satisfied by the
Company’s withholding a portion of the Shares subject to such Award having a Fair Market Value approximately equal to the minimum amount of taxes required to be withheld by the Company under applicable law, unless otherwise determined by the
Committee with respect to any Grantee. Notwithstanding the foregoing, the Committee may permit a Grantee to elect one or both of the following to satisfy tax withholding obligations with respect to any Award under the Plan that is not subject to an
Initial Election: (A) to have taxes withheld in excess of the minimum amount required to be withheld by the Company under applicable law; provided that the Grantee certifies in writing to the Company at the time of such election that the
Grantee owns Other Available Shares having a Fair Market Value that is at least equal to the Fair Market Value to be withheld by the Company in payment of withholding taxes in excess of such minimum amount; and (B) to pay to the Company in cash
all or a portion of the taxes to be withheld in connection with such grant, Vesting Date or Account distribution. 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 

  
 -22-

	 	
payment, if any, made by the Grantee or withheld from an Account distribution. Any election pursuant to this Paragraph 9(c)(ii) 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 9(c)(ii) may be made only by a Grantee or, in the event of the Grantee’s death, by the
Grantee’s legal representative. Shares withheld pursuant to this Paragraph 9(c)(ii) shall be available for subsequent grants under the Plan. The Committee may add such other requirements and limitations regarding elections pursuant to this
Paragraph 9(c)(ii) as it deems appropriate. 

  

	 	(iii)	If part of a Grantee’s Award is subject to an Initial Election or, under the terms of an Award, a Grantee’s rights with respect to Restricted Stock Units
become free of a substantial risk of forfeiture as the result of the satisfaction of a performance or service condition, or the Grantee’s satisfaction of the age and service conditions for retirement eligibility, and, as a result thereof,
employment tax liabilities arise, then, except to the extent the Grantee affirmatively elects otherwise as part of the Initial Election, the Grantee shall be required to remit to the Company an amount sufficient to satisfy any federal, state and/or
local withholding tax requirements. As part of the Grantee’s Initial Election, the Grantee may elect that Shares subject to such Award be withheld by the Company to the extent necessary to pay such employment tax liabilities (on a fully
grossed-up basis to cover income and other withholding tax liabilities that may arise in connection with such an event), notwithstanding that such Shares may not yet have vested and become deliverable in accordance with the terms of the Award.
Shares withheld pursuant to this Paragraph 9(c)(iii) shall be deemed allocated and offset against the number of Restricted Stock Units that may become subject to vesting under the terms of the Award on a basis pro rata to the Restricted Stock Units
that give rise to the employment tax liabilities. With respect to any Grantee under the Plan who is subject to the short-swing profit recapture rules of section 16(b) of the 1934 Act, the requirement to withhold Shares pursuant to this Paragraph
9(c)(iii) is intended to permit such Grantees to obtain the benefit of section 16(b)(3)(e) of the 1934 Act. 

  

	10.	CHANGES IN CAPITALIZATION 

The aggregate number of Shares and class of Shares as to which Awards may be granted and the number of Shares covered by each outstanding
Award shall be appropriately adjusted in the event of a stock dividend, stock split, recapitalization or other change in the number or class of issued and outstanding equity securities of the 

  
 -23-

 
Company resulting from a subdivision or consolidation of the Shares and/or other outstanding equity security or a recapitalization or other capital adjustment (not including the issuance of
Shares and/or other outstanding equity securities on the conversion of other securities of the Company which are convertible into Shares and/or other outstanding equity securities) affecting the Shares which is effected without receipt of
consideration by the Company. The Committee shall have authority to determine the adjustments to be made under this Paragraph 10 and any such determination by the Committee shall be final, binding and conclusive. 

 

	11.	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 conditions to the occurrence of a Vesting Date with respect to an Award of Restricted Stock or Restricted Stock Units (other than Restricted Stock or
Restricted Stock Units that have previously been forfeited) shall be eliminated, in full or in part. Further, the Committee may, in its discretion, provide in such notice that notwithstanding any other provision of the Plan or the terms of any
Election made pursuant to Paragraph 8, upon the consummation of a Terminating Event, Shares issuable with respect to Restricted Stock or Restricted Stock Units subject to an Election made pursuant to Paragraph 8 shall be transferred to the Grantee,
and all amounts credited to the Income Fund shall be paid to the Grantee. 
  

	12.	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
Paragraph 8 of 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 Committee on a form supplied by the Committee. If the Committee wholly or partially denies a claim, the Committee 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 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. 

  
 -24-

 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 Committee 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 Committee. 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 comments to the
Committee in writing. The Committee 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 Committee 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
Committee at the following address: 
 ComcastCorporation 
 OneComcastCenter, 52nd Floor 
 1701 John F. Kennedy Boulevard 
 Philadelphia, PA19103-2838 
 Attention: General Counsel 

 

	13.	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 Shares of Restricted Stock
granted after February 28, 2007 or Shares delivered pursuant to the vesting of Restricted Stock Units granted after February 28, 2007 to such Section 16(b) Officer or former Section 16(b) Officer, or to effect the cancellation of
unvested Restricted Stock or unvested Restricted Stock Units, if (i) the vesting of 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 extent of vesting 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 13 has been deferred
pursuant to Paragraph 8 (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. 

  
 -25-

	14.	AMENDMENT AND TERMINATION 

The Plan may be terminated by the Board 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. 
  

	15.	TERM OF PLAN 

 The Plan
shall expire on May 11, 2021, unless sooner terminated by the Board. 

  
 -26-

	16.	GOVERNING LAW 

 The Plan
and all determinations made and actions taken pursuant to the Plan shall be governed in accordance with Pennsylvania law. 
 Executed on the 29th day of August, 2012. 
  

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

			
		
	ATTEST:	 	 /s/ Arthur R. Block

  
 -27-Comcast Corp 2002 Employee Stock Purchase Plan dated August 29, 2012

 Exhibit 10.3 
 COMCAST CORPORATION 
 2002 EMPLOYEE STOCK PURCHASE PLAN 

 

	1.	Purpose. 

 COMCAST
CORPORATION, a Pennsylvania corporation, hereby amends and restates the Comcast Corporation 2002 Employee Stock Purchase Plan (the “Plan”). The Plan is intended to encourage and facilitate the purchase of shares of common stock of Comcast
Corporation by Eligible Employees of the Company and any Participating Companies, thereby providing such Eligible Employees with a personal stake in the Company and a long-range inducement to remain in the employ of the Company and Participating
Companies. It is the intention of the Company that the Plan qualify as an “employee stock purchase plan” within the meaning of section 423 of the Code. 
  

	2.	Definitions. 

 (a)
“Account” means a bookkeeping account established by the Committee on behalf of a Participant to hold Payroll Deductions. 
 (b) “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. 
 (c) “Board” means the Board of Directors of the Company. 
 (d)
“Brokerage Account” means the brokerage account established under the Plan by the Company for each Participant, to which Shares purchased under the Plan shall be credited. 

(e) “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. 

(f) “Code” means the Internal Revenue Code of 1986, as amended. 

(g) “Committee” means the Compensation Committee of the Board. 

(h) “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. 

 (i) “Compensation” means an Eligible Employee’s wages as reported on
Form W-2 (i.e., wages as defined in section 3401(a) of the Code and all other payments of compensation for which the Participating Company is required to furnish the employee a written statement under sections 6041(d) and 6051(a)(3) of the
Code) from a Participating Company, reduced by reimbursements or other expense allowances, fringe benefits (cash and non-cash), moving expenses, deferred compensation, and welfare benefits, but including salary reduction contributions and elective
contributions that are not includible in gross income under sections 125 or 402(a)(8) of the Code. 
 (j) “Election
Form” means the written or electronic form acceptable to the Committee which an Eligible Employee shall use to make an election to purchase Shares through Payroll Deductions pursuant to the Plan. 

(k) “Eligible Employee” means an Employee who is not an Ineligible Employee. 

(l) “Eligible Employer” means the Company and any subsidiary of the Company, within the meaning of section 424(f) of the
Code. 
 (m) “Employee” means a person who is an employee of a Participating Company. 

(n) “Fair Market Value” means the closing price per Share on the principal national securities exchange on which the
Shares are listed or admitted to trading or, if not listed or traded on any such exchange, on the National Market System of the National Association of Securities Dealers Automated Quotation System (“NASDAQ”), or if not listed or traded on
any such exchange or system, the fair market value as reasonably determined by the Board or the Committee, which determination shall be conclusive. 
 (o) “Five Percent Owner” means an Employee who, with respect to a Participating Company, is described in section 423(b)(3) of the Code. 

(p) “Ineligible Employee” means an Employee who, as of an Offering Commencement Date: 

(1) is a Five Percent Owner; 
 (2) has been continuously employed by a Participating Company on a full-time basis for less than 90 days; 
 (3) has been continuously employed by a Participating Company on a part-time basis for less than one year; or 
 (4) is restricted from participating under Paragraph 3(b). 
 For purposes of this Paragraph 2(p),
an Employee is employed on a part-time basis if the Employee customarily works less than 20 hours per week. For purposes of this Paragraph 2(p), an Employee is employed on a full-time basis if the Employee customarily works 20 or more hours per
week. 

  
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 (q) “Offering” means an offering of Shares by the Company to Eligible
Employees pursuant to the Plan. 
 (r) “Offering Commencement Date” means the first day of each
January 1, April 1, July 1 and October 1 beginning on or after Offerings are authorized by the Board or the Committee, until the Plan Termination Date, provided that the first Offering Commencement Date shall be on the
Effective Date. 
 (s) “Offering Period” means the period extending from an Offering Commencement Date through
the following Offering Termination Date. 
 (t) “Offering Termination Date” means the last day of each March,
June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event. 
 (u) “Participant” means an Eligible Employee who has timely delivered an Election Form to the Committee in accordance with procedures established by the Committee. 

(v) “Participating Company” means the Eligible Employers, if any, that are designated by the Board or the Committee from
time to time. Notwithstanding the foregoing, the Board or the Committee may delegate its authority to designate an Eligible Employer as a Participating Company under this Paragraph 2(v) to an officer of the Company or committee of two or more
officers of the Company. 
 (w) “Payroll Deductions” means amounts withheld from a Participant’s
Compensation pursuant to the Plan, as described in Paragraph 5. 
 (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 Employee Stock Purchase Plan, as set forth in this document, and as may be amended from time to time. 
 (z) “Plan Termination Date” means the earlier of: 
 (1) the
Offering Termination Date for the Offering in which the maximum number of Shares specified in Paragraph 9 have been issued pursuant to the Plan; or 
 (2) the date as of which the Board or the Committee chooses to terminate the Plan as provided in Paragraph 14. 
 (aa) “Purchase Price” means 85 percent of the lesser of: (1) the Fair Market Value per Share on the Offering Commencement Date, or if such date is not a trading day, then on the next
trading day thereafter or (2) the Fair Market Value per Share on the Offering Termination Date, or if such date is not a trading day, then on the trading day immediately preceding the Offering Termination Date. 

  
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 (bb) “Shares” means shares of Comcast Corporation Class A Common
Stock, par value $0.01. 
 (cc) “Successor-in-Interest” means the Participant’s executor or administrator,
or such other person or entity to which the Participant’s rights under the Plan shall have passed by will or the laws of descent and distribution. 
 (dd) “Terminating Event” means any of the following events: 
 (1)
the liquidation of the Company; or 
 (2) a Change of Control. 

(ee) “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. 
 (ff) “Termination Form” means the
written or electronic form acceptable to the Committee which an Employee shall use to discontinue participation during an Offering Period pursuant to Paragraph 7(b). 
  

	3.	Eligibility and Participation. 

 (a) Eligibility. Except to the extent participation is restricted under Paragraph 3(b), each Eligible Employee shall be eligible to participate in the Plan. 

(b) Restrictions on Participation. Notwithstanding any provisions of the Plan to the contrary, no Employee shall be eligible to
purchase Shares in an Offering to the extent that: 
 (1) immediately after the purchase of Shares, such Employee would be a
Five Percent Owner; or 
 (2) a purchase of Shares would permit such Employee’s rights to purchase stock under all employee
stock purchase plans of the Participating Companies which meet the requirements of section 423(b) of the Code to accrue at a rate which exceeds $25,000 in fair market value (as determined pursuant to section 423(b)(8) of the Code) for each calendar
year in which such right to purchase Shares is outstanding. 
 (c) Commencement of Participation. An Eligible Employee
shall become a Participant by completing an Election Form and filing it with the Committee on or before the 15th day of the month immediately preceding the Offering Commencement Date for the first Offering to which such Election Form applies.
Payroll Deductions for a Participant shall commence on first payroll period ending after the applicable Offering Commencement Date when his or her authorization for Payroll Deductions becomes effective, and shall end on the Plan Termination Date,
unless sooner terminated by the Participant pursuant to Paragraph 7(b). 

  
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	4.	Shares Per Offering. 

 The Plan shall be implemented by a series of Offerings that shall commence after Offerings have been authorized by the Board or the Committee, and terminate on the Plan Termination Date. Offerings shall
be made with respect to Compensation accumulated during each Offering Period for the period commencing with the first day of the first Offering Period (when such Offering Period is authorized by the Board or the Committee) and ending with the Plan
Termination Date. Shares available for any Offering shall be the difference between the maximum number of Shares that may be issued under the Plan, as determined pursuant to Paragraph 8(a), for all of the Offerings, less the actual number of Shares
purchased by Participants pursuant to prior Offerings, provided that the maximum number of Shares subject to purchase by any Participant for any Offering Period shall not exceed 1,500. If the total number of Shares subject to purchase under the Plan
on any Offering Termination Date exceeds the maximum number of Shares available, the Board or the Committee shall make a pro rata allocation of Shares available for delivery and distribution in as nearly a uniform manner as practicable, and as it
shall determine to be fair and equitable, and the unapplied Account balances shall be returned to Participants as soon as practicable following the Offering Termination Date. 

 

	5.	Payroll Deductions. 

(a) Amount of Payroll Deductions. On the Election Form, an Eligible Employee may elect to have Payroll Deductions of not more than
15 percent of Compensation earned for each payroll period ending within the Offering Period, subject to the limitation that the maximum amount of Payroll Deductions for any Eligible Employee for any calendar year shall not exceed $12,500. The rules
established by the Committee regarding Payroll Deductions, as reflected on the Election Form, shall be consistent with section 423(b)(5) of the Code. 
 (b) Participants’ Accounts. All Payroll Deductions with respect to a Participant pursuant to Paragraph 5(a) shall be credited to the Participant’s Account under the Plan. 

(c) Changes in Payroll Deductions. A Participant may discontinue Payroll Deductions during an Offering Period by providing a
Termination Form to the Committee at any time before the Offering Termination Date applicable to any Offering. No other change can be made during an Offering, including, but not limited to, changes in the amount of Payroll Deductions for such
Offering. A Participant may change the amount of Payroll Deductions for subsequent Offerings by giving written notice (or notice in another form pursuant to procedures established by the Committee) of such change to the Committee on or before the
15th day of the month immediately preceding the Offering Commencement Date for the Offering for which such change is effective. 
  

	6.	Purchase of Shares. 

(a) In General. On each Offering Termination Date, each Participant shall be deemed to have purchased a number of whole Shares
equal to the quotient obtained by dividing the balance credited to the Participant’s Account as of the Offering Termination Date, by the Purchase Price, rounded to the next lowest whole Share. Shares deemed purchased by a

  
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Participant under the Plan shall be credited to the Participant’s Brokerage Account as soon as practicable following the Offering Termination Date. 

(b) Terminating Events. The Company shall give Participants at least 30 days’ notice (or, if not practicable, such shorter
notice as may be reasonably practicable) prior to the anticipated date of the consummation of a Terminating Event. The 20th day following the issuance of such notice by the Company (or such earlier date as the Board or the Committee may reasonably
determine) shall constitute the Offering Termination Date for any outstanding Offering. 
 (c) Fractional Shares and Minimum
Number of Shares. Fractional Shares shall not be issued under the Plan. Amounts credited to an Account remaining after the application of such Account to the purchase of Shares under the Plan shall be credited to the Participant’s Account
for the next succeeding Offering, or, at the Participant’s election, returned to the Participant as soon as practicable following the Offering Termination Date, without interest. 

(d) Transferability of Rights to Purchase Shares. No right to purchase Shares pursuant to the Plan shall be transferable other
than by will or by the laws of descent and distribution, and no such right to purchase Shares pursuant to the Plan shall be exercisable during the Participant’s lifetime other than by the Participant. 

 

	7.	Termination of Participation. 

 (a) Account. Except as provided in Paragraph 7(c), no amounts shall be distributed from Participants’ Accounts during an Offering Period. 

(b) Suspension of Participation. A Participant may discontinue Payroll Deductions during an Offering Period by providing a
Termination Form to the Committee at any time before the Offering Termination Date applicable to any Offering, provided that a Participant’s Payroll Deductions shall be discontinued to the extent required in connection with a Participant’s
hardship withdrawal under the rules of the Comcast Corporation Retirement-Investment Plan or any other plan, program or arrangement pursuant to which discontinuance of contributions to the Plan may be required in connection with a Participant’s
hardship withdrawal. All amounts credited to such Participant’s Account shall be applied to the purchase of Shares pursuant to Paragraph 6. A Participant who discontinues Payroll Deductions during an Offering Period, including a discontinuation
of Payroll Deductions resulting from a hardship withdrawal, shall not be eligible to participate in the Offering next following the date on which the Participant delivers the Termination Form to the Committee. 

(c) Termination of Employment. Upon termination of a Participant’s employment for any reason, all amounts credited to such
Participant’s Account shall be returned to the Participant, or, following the Participant’s death, to the Participant’s Successor-in-Interest. 
  

	8.	Interest. 

 No
interest shall be paid or allowed with respect to Payroll Deductions paid into the Plan or credited to any Participant’s Account. 

  
 -6-

	9.	Shares. 

 (a)
Maximum Number of Shares; Adjustments. Subject to adjustment as provided in this Paragraph 9, not more than 35,500,000 Shares in the aggregate may be issued pursuant to the Plan pursuant to Offerings under the Plan, including Offerings
commenced since the Plan first became effective as the Comcast Corporation 2001 Employee Stock Purchase Plan.Shares delivered pursuant to the Plan may, at the Company’s option, be either treasury Shares or Shares originally issued for such
purpose. 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 Company, whether through merger, consolidation, reorganization, recapitalization, stock dividend, stock
split-up or other substitution of securities of the Company, the Board or the Committee shall make appropriate equitable anti-dilution adjustments to the number and class of shares of stock available for issuance under the Plan, to the number and
class of shares of stock subject to outstanding Offerings and to the Purchase Price. Any reference to the Purchase Price in the Plan and in any related documents shall be a reference to the Purchase Price as so adjusted. Any reference to the term
“Shares” in the Plan and in any related 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 9. The Board’s or the
Committee’s adjustment shall be effective and binding for all purposes of this Plan. All Shares issued pursuant to the Plan shall be validly issued, fully paid and nonassessable. 

(b) Participant’s Interest in Shares. A Participant shall have no interest in Shares offered under the Plan until Shares are
credited to the Participant’s Brokerage Account. 
 (c) Crediting of Shares to Brokerage Account. Shares purchased
under the Plan shall be credited to the Participant’s Brokerage Account as soon as practicable following the Offering Termination Date. 
 (d) Restrictions on Purchase. The Board or the Committee may, in its discretion, require as conditions to the purchase of any Shares under the Plan such conditions as it may deem necessary to
assure that such purchase of Shares is in compliance with applicable securities laws. 
 (e) Restrictions on Sale of
Shares. The Board or the Committee may, in its discretion, require as conditions to the sale of any Shares credited to Participants’ Brokerage Accounts under the Plan (i) such conditions as it may deem necessary to assure that such
sale of Shares is in compliance with applicable securities laws and (ii) a minimum holding period (not to exceed one year) following the purchase of Shares before Shares credited to Participants’ Brokerage Accounts may be sold or otherwise
transferred, provided that such holding period, if any, shall not apply to Shares credited to the Brokerage Account of a Participant who has terminated employment on account of death or disability. 

 

	10.	Expenses. 

 The
Participating Companies shall pay all fees and expenses incurred (excluding individual Federal, state, local or other taxes) in connection with the Plan. No charge or deduction for any such expenses will be made to a Participant upon the termination
of his or her 

  
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participation under the Plan or upon the distribution of certificates representing Shares purchased with his or her Payroll Deductions. 

 

	11.	Taxes. 

 The
Participating Companies shall have the right to withhold from each Participant’s Compensation an amount equal to all federal, state, city or other taxes as the Participating Companies shall determine are required to be withheld by them in
connection with the purchase of Shares under the Plan and in connection with the sale of Shares acquired under the Plan. In connection with such withholding, the Participating Companies may make any such arrangements as they may deem necessary or
appropriate to protect their interests. 
  

	12.	Plan and Contributions Not to Affect Employment. 

 The Plan shall not confer upon any Eligible Employee any right to continue in the employ of the Participating Companies. 
  

	13.	Administration. 

The Plan shall be administered by the Committee. The Board and the Committee shall have authority to interpret the Plan, to prescribe,
amend and rescind rules and regulations relating to it, and to make all other determinations deemed necessary or advisable in administering the Plan, with or without the advice of counsel. The Committee may delegate its administrative duties,
subject to its review and supervision, to the appropriate officers and employees of the Company. The determinations of the Board and the Committee on the matters referred to in this Paragraph 13 shall be conclusive and binding. 

 

	14.	Amendment and Termination. 

 The Board or the Committee may terminate the Plan at any time and may amend the Plan from time to time in any respect; provided, however, that upon any termination of the Plan, all Shares or Payroll
Deductions (to the extent not yet applied to the purchase of Shares) under the Plan shall be distributed to the Participants, provided further, that no amendment to the Plan shall affect the right of any Participant to receive his or her
proportionate interest in the Shares or his or her Payroll Deductions (to the extent not yet applied to the purchase of Shares) under the Plan, and provided further that the Company may seek shareholder approval of an amendment to the Plan if such
approval is determined to be required by or advisable under the regulations of the Securities and Exchange Commission or the Internal Revenue Service, the rules of any stock exchange or system on which the Shares are listed or other applicable law
or regulation. 
  

	15.	Effective Date. 

The original effective date of the Plan was December 20, 2000. 

 

	16.	Government and Other Regulations. 

  
 -8-

 (a) In General. The purchase of Shares under the Plan shall be subject to all
applicable laws, rules and regulations, and to such approvals by any governmental agencies as may be required. 
 (b)
Securities Law. The Committee shall have the power to make each Offering under the Plan subject to such conditions as it deems necessary or appropriate to comply with the then-existing requirements of the Securities Act of 1933, as amended,
and the Securities Exchange Act of 1934, as amended, including Rule 16b-3 (or any similar rule) promulgated by the Securities and Exchange Commission thereunder. 
  

	17.	Non-Alienation. 

No Participant shall be permitted to assign, alienate, sell, transfer, pledge or otherwise encumber his right to purchase Shares under the
Plan prior to time that Shares are credited to the Participant’s Brokerage Account. Any attempt at assignment, alienation, sale, transfer, pledge or other encumbrance shall be void and of no effect. 

 

	18.	Notices. 

 Any
notice required or permitted hereunder shall be sufficiently given only if delivered personally, telecopied, or sent by first class mail, postage prepaid, and addressed: 
 If to the Company: 
 ComcastCorporation 

OneComcastCenter 

1701 JFK Boulevard 
 Philadelphia, PA19103 
 Fax: 215-286-7794 

Attention: General Counsel 
 Or any other address provided pursuant to notice provided by the Committee. 
 If
to the Participant: 
 At the address on file with the Participating Company from time to time, or to such other address as
either party may hereafter designate in writing (or via such other means of communication permitted by the Committee) by notice similarly given by one party to the other. 

 

	19.	Successors. 

 The
Plan shall be binding upon and inure to the benefit of any successors or assigns of the Company. 
  

	20.	Severability. 

  
 -9-

 If any part of this Plan shall be determined to be invalid or void in any respect, such
determination shall not affect, impair, invalidate or nullify the remaining provisions of this Plan which shall continue in full force and effect. 
  

	21.	Acceptance. 

 The
election by any Eligible Employee to participate in this Plan constitutes his or her acceptance of the terms of the Plan and his or her agreement to be bound hereby. 
  

	22.	Applicable Law. 

This Plan shall be construed in accordance with the laws of the Commonwealth of Pennsylvania, to the extent not preempted by applicable
Federal law. 
 Executed as of the 29th day of August, 2012. 

 

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

			
		
	ATTEST:	 	 /s/ Arthur R. Block

  
 -10-

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