Document:

Comcast Corporation 2005 Deferred Compensation Plan

 Exhibit 10.2 
 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 May 30, 2012. 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, including payments earned under any sales incentive arrangement for employees of NBCUniversal (as defined in Section 3.1(a)(ii)). 
 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. 

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

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, and provided further that dividends and other distributions paid with respect to Company Stock after May 30, 2012 shall be credited to the Income Fund. 

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 

  
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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. 

(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, including payments earned under any sales incentive arrangement for employees of NBCUniversal, (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 NBCUniversal. 
 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; 

  
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 (b) The duly-appointed legal guardian of an individual described in Section 2.21(a)
acting on behalf of such individual. 
 2.22. “Domestic Relations Order” means any judgment, decree or order
(including approval of a property settlement agreement) which: 
 (a) Relates to the provision of child support, alimony
payments or marital property rights to a spouse or former spouse of a Participant; and 
 (b) Is made pursuant to a State
domestic relations law (including a community property law). 
 2.23. “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. 

2.24. “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. 
 2.25. “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. 

  
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 (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. 
 (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. 

2.26. “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. 
 2.27. “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. 

2.28. “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. 
 2.29. “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 

  
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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. 

2.30. “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. 
 2.31. “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. 

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

2.33. “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. 

2.34. “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 2.34 to an officer of the Company or committee of two or more officers of the Company. 
 2.35.
“Performance-Based Compensation” means “Performance-Based Compensation” within the meaning of Section 409A. 
 2.36. “Performance Period” means a period of at least 12 months during which a Participant may earn Performance-Based Compensation. 

2.37. “Person” means an individual, a corporation, a partnership, an association, a trust or any other entity or
organization. 

  
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 2.38. “Plan” means the Comcast Corporation 2005 Deferred Compensation Plan,
as set forth herein, and as amended from time to time. 
 2.39. “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. 

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

2.41. “Retired Participant” means a Participant who has terminated service pursuant to a Normal Retirement. 

2.42. “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. 

2.43. “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. 
 2.44. “Surviving Spouse” means the widow or widower, as the case may be, of a Deceased Participant
or a Deceased Beneficiary (as applicable). 
 2.45. “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 

  
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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 NBCUniversal, LLC and
its Subsidiaries. Effective and contingent upon the closing (the “Closing”) of the transactions contemplated by the Master Agreement, NBCUniversal, LLC and its subsidiaries (collectively, “NBCUniversal”) shall be
Participating Companies, provided that employees of NBCUniversal who are “Eligible Employees” shall be eligible to make Initial Elections under the Plan only to the extent provided 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; NBCUniversal, Inc., a Delaware corporation; Comcast; and, Navy, LLC, a Delaware limited
liability company. The following employees of NBCUniversal 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 NBCUniversal 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
NBCUniversal other than a “First Day Employee,” who was an Eligible Employee as of December 31, 2010 and (z) an employee of NBCUniversal 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 NBCUniversal 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 NBCUniversal who (I) is an Eligible Employee as of December 31st of any year beginning after 2011, (II) transferred employment to NBCUniversal directly from the Company or a
Subsidiary other than NBCUniversal 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 NBCUniversal. 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 NBCUniversal 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. 

  
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 (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 NBCUniversal, 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 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 

  
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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. 
 (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. 

  
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 (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. 

(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 

  
 -12-

 
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). 

(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); 

  
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 (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 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 

  
 -14-

 
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: 
 (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 

  
 -15-

 
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. 
 (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 

  
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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, 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

  
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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 
 6.1.
Non-Alienation. Except as otherwise required by applicable law, or as provided by Section 6.2, 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. 
 6.2. Domestic Relations Orders.
Notwithstanding any other provision of the Plan or the terms of any Initial Election or Subsequent Election, the Plan shall honor the terms of a Domestic Relations Order if the Administrator or its delegate determines that it satisfies the
requirements of the Plan’s policies relating to Domestic Relations Orders as in effect from time to time, provided that a Domestic Relations Order shall not be honored unless (i) it provides for payment of all or a portion of a
Participant’s Account under the Plan to the Participant’s spouse or former spouse and (ii) it provides for such payment in the form of a single cash lump sum that is payable as soon as administratively practicable following the
determination that the Domestic Relations Order meets the conditions for approval. 
 6.3. Payee Designation. 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 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. 

  
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 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). 
 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). 

  
 -19-

 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 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. 

  
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 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: 
 ComcastCorporation 

OneComcastCenter 

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 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.

  
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 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 May 30, 2012, 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 30th day of May, 2012. 
  

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

			
		
	ATTEST:	 	 /s/ Arthur R. Block

  
 -22-Comcast Corporation 2002 Restricted Stock Plan

 Exhibit 10.3 
 COMCAST CORPORATION 
 2002 RESTRICTED STOCK PLAN 

(As Amended And Restated, Effective May 30, 2012) 

 

	 	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”),
effective May 30, 2012. 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. 

	 	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% per annum, or such other interest rate established by the Committee from time to time; 

 

	 	(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 

  
 -2-

	 	
Deferred Stock Units that are deferred pursuant to Initial Elections made on or after January 1, 2010 and (2) Diversification Elections and Special Diversification Elections made on or
after January 1, 2010 shall be the “Applicable Interest Rate” under the Comcast Corporation 2005 Deferred Compensation Plan as in effect for active participants in such Plan from time to time. 

The effective date of any reduction in the Applicable Interest Rate shall not precede the later of: (A) the
30th day following the date of the Committee’s action
to establish a reduced rate; or (B) the lapse of 24 full calendar months from the date of the most recent adjustment of the Applicable Interest Rate by the Committee. 

 

	 	(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 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 

  
 -3-

	 	
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 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. 

  
 -4-

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

  

	 	(ii)	An Eligible Employee whose Annual Rate of Pay is $125,000 as of each of: (A) June 30, 2002; (B) the date on which an Initial Election is filed with the
Committee; and (C) the first day of each calendar year beginning after December 31, 2002. 

  

	 	(iii)	Each New Key Employee. 

  

	 	(iv)	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. 

  
 -5-

 (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

  
 -6-

 
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 Comcast Corporation 2005 Deferred Compensation Plan shall apply on the
same basis as if such amounts were credited to a participant’s account under such 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; and (ii) designates the distribution date of such Shares. 

(gg) “New Key Employee” means each employee of a Participating Company who: (i) 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 (ii) 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. 
 (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 

  
 -7-

	 	(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 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. 

  
 -8-

 (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. 
 (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. 

  
 -9-

 (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. 

 (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 

  
 -10-

 (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. 
 (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. 

  
 -11-

 (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: 
  

	 	(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. 

  
 -12-

 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 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. 

  
 -13-

 (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. 
  

	 	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 

  
 -14-

	 	
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. 

(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

  
 -15-

	 	
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. 
 (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, 

  
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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. 

 

	 	(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. 

  
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 (k) Diversification Elections. 

 

	 	(i)	In General. A Diversification Election shall be available: (A) at any time that a Registration Statement filed under the 1933 Act (a “Registration
Statement”) is effective with respect to the Plan; and (B) 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. 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 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 

  
 -18-

	 	
Deferred Stock Units at Fair Market Value as of the effective date of a Diversification Election. 

(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 

  
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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 liabilities incurred in connection with grant of any Award, the occurrence of a
Vesting Date under any Award under the Plan or the distribution of a Grantee’s Account shall, to the extent such liabilities cannot be satisfied in full by withholding cash payable in connection with such event, 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: (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 payment, if any, made by the Grantee or withheld from an Account distribution. Any election pursuant
to this 

  
 -20-

	 	
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, 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, then, pursuant to Treasury Regulation section 1.409A-3(j)(4)(vi) (or any successor provision of
law), in the sole discretion of the Committee or its delegate, Shares subject to such Award may 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 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 

  
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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. 
 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. 

  
 -22-

 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. 

  
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	 	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.	EFFECTIVE DATE AND TERM OF PLAN 

 This amendment and restatement of the Plan shall be effective May 30, 2012. The Plan shall expire on May 11, 2021, unless sooner terminated by the Board. 

 

	 	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 as of the 30th day of May, 2012. 
  

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

			
		
	ATTEST:	 	 /s/ Arthur R. Block

  
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