Document:

Comcast Corporation 2002 Restricted Stock Plan, as amended and restated

 Exhibit 10.1 
 COMCAST CORPORATION 
 2002 RESTRICTED STOCK PLAN 
 (As Amended And Restated, Effective October 7, 2008) 
 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 October 7, 2008. 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. Except as provided in Paragraph 2(dd) or Paragraph
8(i)(iii) of the Plan, 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) “Acceleration Election” means a written election on a form provided by the Committee, pursuant to which a Deceased
Grantee’s Successor-in-Interest or a Disabled Grantee elects to accelerate the distribution date of Shares issuable with respect to Restricted Stock and/or Restricted Stock Units. 
 (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), the Applicable Interest Rate means 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, compounded annually, or such other interest rate established by the Committee 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 extending from 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 

  

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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 Holdings, Inc.) by the Company. 
 (h) “Award” means an award of
Restricted Stock or Restricted Stock Units granted under the Plan. 
 (i) “Board” means the Board of
Directors of the Company. 
 (j) “Change of Control” means: 
  

	 	(i)	For all purposes of the Plan other than Paragraph 8, any transaction or series of transactions as a result of which any Person who was a Third Party immediately before such
transaction or series of transactions owns then-outstanding securities of the Company such that such Person has the ability to direct the management of the Company, as determined by the Board in its discretion. The Board may also determine that
a Change of Control shall occur upon the completion of one or more proposed transactions. The Board’s determination shall be final and binding. 

  

	 	(ii)	For purposes of Paragraph 8, any transaction or series of transactions that constitutes a change in the ownership or effective control or a change in the ownership of a substantial
portion of the assets of the Company, within the meaning of Section 409A. 

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

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 (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). 
 (q) “Date of Grant” means the date on which an Award is granted. 
 (r)
“Deceased Grantee” means: 
  

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

  

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

 (s) “Deferral Eligible Employee” means: 
  

	 	(i)	An Eligible Employee 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 Committee; and (ii) 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. 

  

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 (t) “Deferred Stock Units” means the number of hypothetical Shares
subject to an Election. 
 (u) “Disability” means: 
  

	 	(i)	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 

  

	 	(ii)	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. 

 (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, a Subsequent Election, or an Acceleration 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 

  

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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) “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. 
 (bb) “Grantee” means an Eligible Employee or Non-Employee
Director who is granted an Award. 
 (cc) “Hardship” means an “unforeseeable emergency,” as defined
in Section 409A. The Committee shall determine whether the circumstances of the Grantee constitute an unforeseeable emergency and thus a Hardship within the meaning of this Paragraph 2(cc). 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(cc) for all Grantees in similar circumstances. 
 (dd) “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). Except as otherwise provided in Paragraph 8(l), and 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. 
 (ee) “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.

 (ff) “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. 
  

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 (gg) “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. 
 (hh) “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. 
 (ii) “Other Available Shares” means, as of any date, the sum of: 
  

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

  

	 	(ii)	The excess, if any of: 

  

	 	(1)	The total number of Shares owned by a Grantee other than the Shares described in Paragraph 2(ii)(i); over 

  

	 	(2)	The sum of: 

 (A) The number of such
Shares owned by such Grantee for less than six months; plus 
 (B) The number of such Shares owned by such Grantee 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 
 (C) The number of such Shares owned by such Grantee 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 
 (D) The number of such Shares owned
by such Grantee 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). 
  

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 For purposes of this Paragraph 2(ii), 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. For purposes of determining the number of Other Available Shares, the term “Shares” shall also include the securities held by a Grantee immediately before the consummation of the AT&T Broadband Transaction that became
Shares as a result of the AT&T Broadband Transaction. 
 (jj) “Participating Company” means the Company
and each of the Subsidiary Companies. 
 (kk) “Performance-Based Compensation” means “Performance-Based
Compensation” within the meaning of Section 409A. 
 (ll) “Performance Period” means a period of at
least 12 months during which a Grantee may earn Performance-Based Compensation. 
 (mm) “Person” means an
individual, a corporation, a partnership, an association, a trust or any other entity or organization. 
 (nn)
“Plan” means the Comcast Corporation 2002 Restricted Stock Plan, as set forth herein, and as amended from time to time. 
 (oo) “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. 
 (pp) “Restricted Stock” means Shares subject to
restrictions as set forth in an Award. 
 (qq) “Restricted Stock Unit” means a unit that entitles the
Grantee, upon the Vesting Date set forth in an Award, to receive one Share. 
 (rr) “Retired Grantee” means a
Grantee who has terminated employment pursuant to a Normal Retirement. 
 (ss) “Rule 16b-3” means Rule 16b-3
promulgated under the 1934 Act, as in effect from time to time. 
 (tt) “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. 
  

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 (uu) “Share” or “Shares” means: 
  

	 	(i)	except as provided in Paragraph 2(uu)(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(ii) and
9(c), the term “Share” or “Shares” also means a share or shares of Special Common Stock. 

 (vv) “Special Common Stock” means Class A Special Common Stock, par value $0.01, of the Company. 
 (ww) “Special Diversification Election” means, with respect to each separate grant of Restricted Stock or Restricted Stock Units, 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 in accordance with Paragraph 8(k)(ii). 
 (xx) “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. 
 (yy) “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. 
 (zz) “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. 
 (aaa) “Terminating Event” means any of the
following events: 
  

	 	(i)	the liquidation of the Company; or 

  

	 	(ii)	a Change of Control. 

 (bbb) “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. 
  

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 (ccc) “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. 
 (ddd) “1933 Act” means the Securities Act of 1933, as amended. 
 (eee)
“1934 Act” means the Securities Exchange Act of 1934, as amended. 
 3. RIGHTS TO BE GRANTED 
 Rights that may be granted under the Plan are: 
 (a) Rights to Restricted Stock which gives the Grantee ownership rights in the Shares subject to the Award, subject to a substantial risk
of forfeiture, as set forth in Paragraph 7, and to deferred payment, as set forth in Paragraph 8; and 
 (b) Rights to
Restricted Stock Units which give the Grantee the right to receive Shares upon a Vesting Date, as set forth in Paragraph 7, and to deferred payment, as set forth in Paragraph 8. The maximum number of Shares subject to Awards that may be granted to
any single individual in any calendar year, adjusted as provided in Paragraph 10, shall be 1.5 million Shares. 
 4. SHARES SUBJECT
TO THE PLAN 
 (a) Not more than 52.5 million Shares in the aggregate may be issued under the Plan pursuant to the
grant of Awards, subject to adjustment in accordance with Paragraph 10, provided that subject to the approval of the Company’s shareholders at the Company’s Annual Meeting of Shareholders to be held in 2008 (the “2008 Annual
Meeting”), the number of Shares in the aggregate that may be issued under the Plan, pursuant to the grant of Awards, subject to adjustment in accordance with Paragraph 10, shall be increased from 52.5 million to 66.5 million. The Shares
issued under the Plan may, at the Company’s option, be either Shares held in treasury or Shares originally issued for such purpose. 
 (b) If (i) Restricted Stock or Restricted Stock Units are forfeited pursuant to the terms of an Award or (ii) with respect to Restricted Stock Units, the Company withholds Shares to satisfy its minimum tax
withholding requirements as provided in Paragraph 9(c), other Awards may be granted covering the Shares that were forfeited, or covering the Shares so withheld to satisfy the Company’s minimum tax withholding requirements, as applicable.

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

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 (b) Grants. Subject to the express terms and conditions set forth in the Plan, the
Committee shall have the power, from time to time, to: 
  

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

  

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

 The determination of the Committee in all matters as stated above shall be conclusive. 
 (c) Meetings. The Committee shall hold meetings at such times and places as it may determine. Acts approved at a meeting by a
majority of the members of the Committee or acts approved in writing by the unanimous consent of the members of the Committee shall be the valid acts of the Committee. 
 (d) Exculpation. No member of the Committee shall be personally liable for monetary damages for any action taken or any failure to
take any action in connection with the administration of the Plan or the granting of Awards thereunder unless (i) the member of the Committee has breached or failed to perform the duties of his office, and (ii) the breach or failure to
perform constitutes self-dealing, willful misconduct or recklessness; provided, however, that the provisions of this Paragraph 5(d) shall not apply to the responsibility or liability of a member of the Committee pursuant to any criminal statute.

 (e) Indemnification. Service on the Committee shall constitute service as a member of the Board. Each member of the
Committee shall be entitled without further act on his part to indemnity from the Company to the fullest extent provided by applicable law and the Company’ s Articles of Incorporation and By-laws in connection with or arising out of any action,
suit or proceeding with respect to the administration of the Plan or the granting of Awards thereunder in which he may be involved by reason of his being or having been a member of the Committee, whether or not he continues to be such member of the
Committee at the time of the action, suit or proceeding. 
 (f) Delegation of Authority. 
  

	 	(i)	 Named Executive Officers and Section 16(b) Officers. All authority with respect to the grant, amendment, interpretation and administration of grants and
awards of restricted stock and restricted stock units with respect to any Eligible Employee who is either (x) a Named Executive Officer (i.e., an officer who is required to be listed in the Company’s Proxy Statement 

  

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Compensation Table) or (y) is a Section 16(b) Officer, is reserved to the Committee. 

  

	 	(ii)	Senior Officers and Highly Compensated Employees. The Committee may delegate to a committee consisting of the Chairman of the Committee and one or more officers of the
Company designated by the Committee, discretion under the Plan to grant, amend, interpret and administer grants of Restricted Stock and Restricted Stock Units with respect to any Eligible Employee who (x) holds a position with Comcast
Corporation of Senior Vice President or a position of higher rank than Senior Vice President or (y) has a base salary of $500,000 or more. 

  

	 	(iii)	Other Employees. The Committee may delegate to an officer of the Company, or a committee of two or more officers of the Company, discretion under the Plan to grant, amend,
interpret and administer grants of Restricted Stock and Restricted Stock Units with respect to any Eligible Employee other than an Eligible Employee described in Paragraph 5(f)(i) or Paragraph 5(f)(ii). 

 (g) Termination of Delegation of Authority. Any delegation of authority described in Paragraph 5(f) shall continue in effect until
the earliest of: 
  

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

  

	 	(ii)	in the case of delegation under Paragraph 5(f)(ii), the delegate shall cease to serve as Chairman of the Committee or serve as an employee of the Company for any reason, as the case
may be and in the case of delegation under Paragraph 5(f)(iii), the delegate shall cease to serve as an employee of the Company for any reason; or 

  

	 	(iii)	the delegate shall notify the Committee that he 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. 
  

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 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
February 25, 2013, provided that subject to the approval of the Sponsor’s shareholders at the 2008 Annual Meeting, the last day on which Awards may be granted under the Plan shall be extended from February 25, 2013 to the day before
the tenth anniversary of the 2008 Annual Meeting. 
 (b) 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 Shares 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 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. 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. 
  

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 (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 or Restricted Stock Units as to which a Vesting Date has 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 or 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 or 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 or Restricted Stock Units
that are 

  

 -14- 

	 	 
Performance-Based Compensation shall be effective unless it is filed with the Administrator at least six months before the end of the Performance Period
during which such Performance-Based Compensation may be earned. 

 (b) Effect of Failure of Vesting Date
to Occur. An Election shall be null and void if a Vesting Date with respect to the Restricted Stock or Restricted Stock Units does not occur before the distribution date for Shares issuable with respect to such Restricted Stock or 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 or 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. Subject to acceleration or deferral pursuant to Paragraph 8(d) or
Paragraph 11, 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 or 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: (A) file a Subsequent Election to defer the distribution date for the Deceased Grantee’s
Shares issuable with respect to Restricted Stock or Restricted Stock Units for five additional years from the date payment would otherwise be made; or (B) file an Acceleration Election to accelerate the distribution date for the Deceased
Grantee’s Shares issuable with respect to Restricted Stock or Restricted Stock Units from the date payment would otherwise be made to a date that is as soon as practicable following the Deceased Grantee’s death. A Subsequent Election must
be filed 

  

 -15- 

	 	 
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. An Acceleration Election pursuant to this Paragraph 8(d)(ii) must be filed with the Committee as soon as practicable following the Deceased Grantee’s death, as determined by the Committee. 

  

	 	(iii)	A Disabled Grantee may elect to accelerate the distribution date of the Disabled Grantee’s Shares issuable with respect to Restricted Stock or Restricted Stock Units from the
date payment would otherwise be made to a date that is as soon as practicable following the date the Disabled Grantee became disabled. An Acceleration Election pursuant to this Paragraph 8(d)(iii) must be filed with the Committee as soon as
practicable following the Deceased Grantee’s death, as determined by the Committee. 

  

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

 (e) Discretion to Provide for Distribution in Full Upon or Following a Change of
Control. To the extent permitted by Section 409A, in connection with a Change of Control, and for the 12-month period following a Change of Control, the Committee may exercise its discretion to terminate the deferral provisions of the Plan
and, notwithstanding any other provision of the Plan or the terms of any Initial Election or Subsequent Election, distribute the Account of each Grantee in full and thereby effect the revocation of any outstanding Initial Elections or Subsequent
Elections. 
 (f) Hardship. Notwithstanding the terms of an Initial Election or Subsequent Election, if, at the
Grantee’s request, the Committee determines that the Grantee has incurred a Hardship, the Committee may, in its discretion, authorize the immediate distribution of all or any portion of the Grantee’s Account. 
 (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: 
  

	 	(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). 

  

 -16- 

	 	(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). 

  

	 	(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). 

  

	 	(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). 

  

	 	(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). 

  

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

  

	 	(7)	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(h). 
 (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 

  

 -17- 

	 	 
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. 

  

	 	(iii)	Pursuant to rules established under Section 409A relating to certain “Transition Elections,” to the extent provided by the Committee or its delegate, a Grantee may:

  

	 	(1)	On or before December 31, 2007, (A) with respect to all or any portion of his or her Grandfathered Amount that is scheduled to commence to be distributed under the Plan
after December 31, 2007, and (B) with respect to any other amount credited to a Grantee’s Account that is scheduled to commence to be distributed under the Plan 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 (C) commencement of any distribution under such new payment election may not occur before January 1, 2008 and (D) with respect to any
Grandfathered Amount, following the completion of such new payment election, such amounts shall not be treated as a Grandfathered Amount, but instead shall be treated as a non-Grandfathered Amount, subject to the rules of this Plan.

  

	 	(2)	 On or before December 31, 2008, (A) with respect to all or any portion of his or her Grandfathered Amount under the Plan as in effect on December 31,
2004 that is scheduled to commence to be distributed under the Plan after December 31, 2008, and (B) with respect to any other amount credited to a Grantee’s Account that is scheduled to commence to be distributed under the Plan after
December 31, 2008, make 

  

 -18- 

	 	 
new payment elections as to the form and timing of payment of such amounts as may be permitted under this Plan, provided that (C) commencement of any
distribution under such new payment election may not occur before January 1, 2009 and (D) with respect to any Grandfathered Amount, following the completion of such new payment election, such amounts shall not be treated as a Grandfathered
Amount, but instead shall be treated as a non-Grandfathered Amount, subject to the rules of this Plan. 

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

 (k) Diversification Elections. 
  

	 	(i)	In General. 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. 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 in its sole discretion. A Special Diversification Election shall only be effective if (and to the extent) approved by the Committee.

  

	 	(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 each grant of Restricted Stock or Restricted Stock Units 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(h)(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 

  

 -19- 

	 	 
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(h) shall be deemed transferred from the Company Stock Fund to the Income Fund
immediately following the effective date of such Diversification Election. The value of amounts deemed invested in the Income Fund immediately following the effective date of a Diversification Election shall be based on hypothetical sales of Common
Stock or Special Common Stock, as applicable, underlying the liquidated Deferred Stock Units at Fair Market Value as of the effective date of a Diversification Election. 

 (l) Effect of Distributions within Five Years of Effective Date of Diversification Election. If, pursuant to Paragraphs 8(a)
through 8(d), Shares distributable with respect to Deferred Stock Units credited to the Company Stock Fund that are attributable to an Award as to which a Diversification Election was made are distributed on or before the fifth anniversary of the
effective date of such Diversification Election (and, in the case of a Grantee who is a Successor-in-Interest, whether or not such Diversification Election was made by a Grantee’s predecessor-in-interest), then, except as to the extent such
distribution would constitute an impermissible acceleration of the time of payment under Section 409A, or as may otherwise be provided by the Committee in its sole and absolute discretion, the following percentage of the Grantee’s Account
credited to the Income Fund and attributable to such Diversification Election shall be distributed simultaneously with such Shares, without regard to any election to the contrary: 
  

 -20- 

				
	 Time that Shares are Distributable
	  	Distributable Percentage of
Corresponding Income Fund
Amount	 
	 On or before the third anniversary of a Diversification Election
	  	60	%
	 After the third anniversary of a Diversification Election and on or before the fourth anniversary of a Diversification
Election
	  	40	%
	 After the fourth anniversary of a Diversification Election and on or before the fifth anniversary of a Diversification
Election
	  	20	%
	 After the fifth anniversary of a Diversification Election
	  	0	%

 (m) 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. 
 (n) 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. 
 (o) 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. 
  

 -21- 

 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 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, 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 prior to the delivery or transfer of any certificate or certificates for Shares subject to such Award,
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 

  

 -22- 

	 	 
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 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. 

 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 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 

  

 -23- 

 
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. 
 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. 
  

 -24- 

 Claims for benefits under the Plan must be filed with the Committee at the following address: 

Comcast Corporation 
 One Comcast Center, 52nd
 Floor 
 1701 John F. Kennedy Boulevard 
 Philadelphia, PA 19103-2838 
 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. 
 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 October 7, 2008. The Plan shall expire on May 13, 2018, 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. 
  

 -25- 

 Executed as of the 7th day of October, 2008. 
  

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

		
	ATTEST:	 	 /s/ Arthur R. Block

  

 -26-Comcast Corporation 2002 Deferred Stock Option Plan, as amended and restated

 Exhibit 10.2 
 COMCAST CORPORATION 
 2002 DEFERRED STOCK OPTION PLAN 
 ARTICLE 1 - CONTINUATION AND COVERAGE OF PLAN 
 1.1. Freeze of Plan. 
 (a) COMCAST CORPORATION, a Pennsylvania corporation, hereby amends, restates and freezes the Comcast
Corporation 2002 Deferred Stock Option Plan (the “Plan”), effective October 7, 2008. The Plan was initially adopted effective September 16, 1997 and was amended and restated effective June 21, 1999, December 19,
2000, November 29, 2001, April 29, 2002, November 18, 2002, February 26, 2003, July 30, 2003, January 30, 2004 and February 16, 2005. 
 (b) In order to preserve the favorable tax treatment available to deferrals that were made under the Plan before January 1, 2005 in light of the
American Jobs Creation Act of 2004, IRS Notice 2005-1, and the regulations issued by the Department of the Treasury thereunder (the “AJCA”), deferrals under the Plan of amounts that were not earned and vested as of
December 31, 2004 shall not be permitted. Accordingly, notwithstanding anything in the Plan to the contrary, on or after January 1, 2005, no Participant may make an Initial Election. Initial Elections made by Participants before
January 1, 2005 shall be honored only to the extent that under Q-A 16(b) of IRS Notice 2005-1, the date of deferral is treated as having occurred before January 1, 2005. 
 (c) Except as otherwise provided in Paragraph 2.31, amounts earned and vested prior to January 1, 2005 are and will remain subject to the terms and
conditions of the Plan. 
 1.2. Plan Unfunded and Limited to Outside Directors and Select Group of Management or Highly Compensated
Employees. The Plan is unfunded and is maintained primarily for the purpose of providing outside directors and a select group of management or highly compensated employees the opportunity to defer compensation otherwise payable to such outside
directors and management or highly compensated employees. The Plan provides an opportunity for outside directors and management or highly compensated employees to defer the receipt of Shares upon the exercise of Options and to convert the right to
receive Shares to the right to receive the cash value thereof as of the date of such conversion, plus interest thereon from the date of such conversion, in accordance with the terms of the Plan. 
 ARTICLE 2 - DEFINITIONS 
 2.1.
“Account” means unfunded bookkeeping accounts established pursuant to Section 5.1 and maintained by the Administrator in the names of the respective Participants (a) 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 (b) 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 from the date of such election shall be credited with respect to the portion of the Account allocated to the Income Fund, 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; 
 (b) Each Participant who is actively employed by a Participating Company as an Eligible Employee; and 
 (c)
A Permitted Transferee of an individual described in Section 2.2(a) or Section 2.2(b), if applicable. 
 2.3.
“Administrator” means the Committee. 
 2.4. “Affiliate” means, with respect to any Person, any other
Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, the term “control,” including its correlative terms “controlled by” and
“under common control with,” mean, with respect to any Person, the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting
securities, by contract or otherwise. 
 2.5. “Annual Rate of Pay” means, as of any date, an employee’s annualized base
pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards. 
 2.6.
“Applicable Interest Rate” means: 
 (a) Except as otherwise provided
in Section 2.6(b), the Applicable Interest Rate means 8% per annum, compounded annually as of the last day of the calendar year, or such other interest rate established by the Administrator from time to time. The effective date of any
reduction in the Applicable Interest Rate shall not precede the latest of (i) November 29, 2003, (ii) the 30th day following the date
of the Administrator’s action to establish a reduced rate or (ii) the lapse of 24 full calendar months from the date of the most recent adjustment of the Applicable Interest Rate by the Administrator. 
 (b) Effective for the period extending from a Participant’s employment termination date to the date the Participant’s Account is distributed in
full, the Administrator, in its sole and absolute 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, compounded annually as of the last day of the calendar year. 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. “AT&T Broadband
Transaction” means the acquisition of AT&T Broadband Corp. (now known as Comcast Cable Communications Holdings, Inc.) by the Company. 
 2.8. “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 

  

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Plan after such Participant’s or Beneficiary’s death. If no Beneficiary is designated by the Participant or Beneficiary or if no Beneficiary
survives the Participant or Beneficiary (as the case may be), the Participant’s Beneficiary shall be the Participant’s Surviving Spouse if the Participant has a Surviving Spouse and otherwise the Participant’s estate and the
Beneficiary of a Beneficiary shall be the Beneficiary’s Surviving Spouse if the Beneficiary has a Surviving Spouse and otherwise the Beneficiary’s estate. 
 2.9. “Board” means the Board of Directors of the Company. 
 2.10. “Change of
Control” means any transaction or series of transactions as a result of which any Person who was a Third Party immediately before such transaction or series of transactions owns then-outstanding securities of the Company such that such
Person has the ability to direct the management of the Company, as determined by the Board in its discretion. The Board may also determine that a Change of Control shall occur upon the completion of one or more proposed transactions. The
Board’s determination shall be final and binding. 
 2.11. “Code” means the Internal Revenue Code of 1986, as amended.

 2.12. “Comcast Option Plan or Plans” means the Comcast Corporation 1987 Stock Option Plan, or the Comcast Corporation
2002 Stock Option Plan, the AT&T Broadband Corp. Adjustment Plan, or any other incentive or non-qualified stock option plan subsequently adopted by the Company or a Related Corporation. 
 2.13. “Comcast Plan” means any restricted stock, 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 2002 Restricted Stock Plan and the Comcast Option Plans. 
 2.14. “Committee” means the Compensation Committee of the Board of Directors of the Company. 
 2.15. “Common Stock” means Company’s Class A Common Stock, par value $.01 per share, including a fractional share. 

2.16. “Company” means Comcast Corporation, a Pennsylvania corporation, as successor to Comcast Corporation, including any successor
thereto by merger, consolidation, acquisition of all or substantially all the assets thereof, or otherwise. 
 2.17. “Company
Stock” means Common Stock or such other securities as may be issued by the Company pursuant to adjustments as provided in Article 11. 
 2.18. “Company Stock Fund” means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to an Option subject to an Initial Election, and thereafter until the date of distribution or
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 Participant’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 Option Shares on the exercise of an Option, and 

  

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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). 
 2.19. “Date of Grant” means the date as of which an Option is granted. 
 2.20. “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 (a) such Deceased Participant’s or deceased Beneficiary’s Death Taxes have been finally determined, (b) 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 (c) all potential liability for Death Taxes with respect to the Deceased Participant’s or deceased
Beneficiary’s Account has been satisfied. 
 2.21. “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.

 2.22. “Deceased Participant” means: 
 (a) A Participant whose employment, or, in the case of a Participant who was an Outside Director, a Participant whose service as an Outside Director, is terminated by death; 
 (b) A Participant who dies following termination of active employment or active service; or 
 (c) A Permitted Transferee of an individual described in Section 2.22(a) or 2.22(b), if applicable. 
 2.23. “Deferred Stock Units” mean the number of hypothetical Shares determined as the excess of (a) the number of Option Shares
over (b) the number of Other Available Shares having a Fair Market Value as of the date of exercise of an Option equal to the exercise price for such Option Shares (hereinafter referred to in this Section 2.23 as the “Payment
Shares”), as to which an Outside Director, Former Outside Director, Eligible Employee, Former Eligible Employee or Successor-in-Interest provides to the Company evidence of ownership of sufficient Payment Shares to pay the exercise price for
such Option Shares; provided, however, that if the Option is for Common Stock, the Deferred Stock Units shall be credited to the Participant’s Account as Deferred Common Stock Units, and if the Option is for Special Common Stock, the
Deferred Stock Units shall be credited to the Participant’s Account as Deferred Special Common Stock Units. Provision of a notarized statement under oath to the Company by the Outside Director, Former Outside Director, Eligible Employee, Former
Eligible Employee or Successor-in-Interest attesting to the number of Payment Shares owned by the Outside Director, Former Outside Director, Eligible Employee, Former Eligible Employee or Successor-in-Interest and held by a securities broker for the
Outside Director, Former Outside Director, Eligible Employee, Former Eligible Employee or Successor-in-Interest in “street name” or provision of the 

  

 -4- 

 
certificate numbers to the Company by the Outside Director, Former Outside Director, Eligible Employee, Former Eligible Employee or Successor-in-Interest of
the Payment Share stock certificates actually held by the Outside Director, Former Outside Director, Eligible Employee, Former Eligible Employee or Successor-in-Interest shall constitute acceptable evidence of ownership. 
 2.24. “Disabled Participant” means 
 (a) A Participant whose employment or, in the case of a Participant who is an Outside Director, a Participant whose service as an Outside Director, is terminated by reason of disability; 
 (b) A Participant who becomes disabled (as determined by the Committee) following termination of active service; 
 (c) The duly-appointed legal guardian of an individual described in Section 2.24(a) or 2.24(b) acting on behalf of such individual; or 

(d) A Permitted Transferee of an individual described in Section 2.24(a) or 2.24(b), if applicable. 
 2.25. “Diversification Election” means a Participant’s election to have a portion of the Participant’s Account credited in the
form of Deferred Stock Units under the Company Stock Fund deemed liquidated and credited thereafter under the Income Fund, as provided in Section 5.2(b). 
 2.26. “Eligible Employee” means: 
 (a) 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 
 (b) Each employee of a Participating Company 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. 
 (c) Each New Key Employee. 
 (d) Each other employee of a Participating Company who is designated by the
Committee, in its sole and absolute discretion, as an Eligible Employee. 
 2.27. “Fair Market Value.” (a) 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. 
  

 -5- 

 (b) 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. 
 (c) If Shares are not so listed nor trades of Shares so reported, Fair Market Value shall be determined by the Committee in good faith. 
 2.28. “Former Eligible Employee” means an individual who has ceased to be actively employed by a Participating Company for any reason
but who, immediately preceding his termination of employment, was an Eligible Employee. 
 2.29. “Former Outside Director”
means an individual who has ceased to be a member of the Board, but who, immediately preceding his cessation of service as a member of the Board was an Outside Director. 
 2.30. “Immediate Family” means an Outside Director’s, Former Outside Director’s, Eligible Employee’s or Former Eligible Employee’s spouse and lineal descendants, any trust all
beneficiaries of which are any of such persons and any other entity all members or owners of which are any of such persons. 
 2.31.
“Income Fund” means a hypothetical investment fund pursuant to which 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
Participant’s Account as described in Section 2.1 and Section 2.18. Except as otherwise provided in Section 3.8, and 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. 
 2.32. “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, Former Outside Director, Eligible Employee, Former Eligible Employee, Successor-in-Interest or Permitted Transferee who: 
 (a) Elects, within the time or times specified in Article 3, to defer the receipt of Shares pursuant to the exercise of all or part of an Option; and

 (b) Designates the time that such Shares and any dividend equivalents shall be distributed. 
 2.33. “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; and

  

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 (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. 
 2.34. “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 immediately preceding his termination of service, his normal retirement from the Board. 
 2.35. “Option” means a non-qualified stock option to purchase Shares granted pursuant to an Comcast Option Plan; provided that each Option with a different Date of Grant shall be considered a separate Option. 
 2.36. “Option Shares” mean the Shares that are subject to the portion of an Option as to which an Initial Election or Subsequent
Election is in effect as adjusted to reflect a Share Withholding Election. 
 2.37. “Other Available Shares” means, as of
any date, the sum of: 
 (a) the total number of Shares owned by a Participant that were not acquired by such Participant pursuant to a
Comcast Plan or otherwise in connection with the performance of services to the Company or an Affiliate; plus 
 (b) the excess, if any, of:

 (i) the total number of Shares owned by a Participant other than the Shares described in Section 2.37(a); over 
 (ii) the excess, if any of: 
 (A) The sum
of: 
 (1) The number of such Shares owned by such Participant for less than six months; plus 
 (2) The number of such Shares owned by such Participant that has, within the preceding six months, been the subject of a withholding certification under
any Comcast Plan; plus 
 (3) The number of such Shares owned by such Participant 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 

  

 -7- 

 
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 Participant 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 Participant’s Account. 
 For purposes of this Section 2.37, a Share that
is subject to a deferral election pursuant to this Plan or another Comcast Plan shall not be treated as owned by a Person 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. For purposes of determining the number of Other Available Shares, the term “Shares” shall also include the securities held by a Participant immediately before the consummation of the
AT&T Broadband Transaction that became Common Stock and Special Common Stock as a result of the AT&T Broadband Transaction. 
 2.38.
“Outside Director” means a member of the Board, who is not an employee of a Participating Company. 
 2.39.
“Participant” means each Outside Director, Former Outside Director, Eligible Employee, Former Eligible Employee, Successor-in-Interest or Permitted Transferee who is the grantee or transferee of an Option that has made an Initial
Election or Subsequent Election and that has an undistributed amount credited to an Account under the Plan. 
 2.40. “Participating
Company” means Comcast Corporation and each Related Corporation with respect to Comcast Corporation. Effective January 1, 2003, “Participating Company” means the Company and each Related Corporation. 
 2.41. “Permitted Transferee” means a member of the Immediate Family of an Outside Director, Former Outside Director, Eligible Employee
or Former Eligible Employee to whom the right to exercise an Option has been transferred pursuant to an Comcast Option Plan. 
 2.42.
“Person” means an individual, a corporation, a partnership, an association, a trust or any other entity or organization. 
 2.43. “Personal Representative” means the executor, the administrator, or the personal representative of a deceased individual’s estate. 
 2.44. “Plan” means the Comcast Corporation 2002 Deferred Stock Option Plan, as set forth herein, and as amended from time to time. 
 2.45. “Prime Rate” means the annual rate of interest identified by PNC Bank as its prime rate as of the first day of each calendar year.

 2.46. “Related Corporation” means a subsidiary of Comcast Corporation or, effective January 1, 2003, a subsidiary of
the Company, as defined in section 424(f) of the Code. 
  

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 2.47. “Retired Participant” means a Participant who has terminated employment pursuant
to a Normal Retirement. 
 2.48. “Share” or “Shares.” 
 (a) Except as provided in this Section 2.48, a share or shares Common Stock or Special Common Stock. 
 (b) The term “Share” or “Shares” also means such other securities issued by the Sponsor as may be the subject of an adjustment under
Section 11, or for purposes of Section 2.37 and Section 10, as may have been the subject of a similar adjustment under similar provisions of a Comcast Plan as now in effect or as may have been in effect before the AT&T Broadband
Transaction. 
 2.49. “Share Withholding Election” means a written election on a form provided by the Administrator, filed
with the Administrator in accordance with the rules applicable to the filing of Initial Elections under Article 3, pursuant to which an Eligible Employee, Former Eligible Employee, Successor-in-Interest or Permitted Transferee elects to have the
number of Shares deferred pursuant to the exercise of all or part of an Option and credited under the Plan as Deferred Stock Units adjusted so that Deferred Stock Units that would, but for a Share Withholding Election, be credited to an Account
under the Plan, shall be deemed distributed pursuant to the Plan to satisfy applicable withholding tax liabilities, as described in Section 10.2. 
 2.50. “Special Common Stock” means the Company’s Class A Special Common Stock, par value $.01 per share, including a fractional share. 
 2.51. “Special Diversification Election” means a Diversification Election by a Participant other than an Outside Director to have more
than 40 percent of the Deferred Stock Units credited to such Participant’s Account in the Company Stock Fund that are attributable to any Option deemed liquidated and credited thereafter under the Income Fund, as provided in
Section 5.2(b), if (and to the extent that) it is approved by the Administrator in accordance with Section 5.2(b). An Outside Director may not make a Special Diversification Election. 
 2.52 “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 (or, in limited cases, accelerate) the time of receipt of amounts credited to an Account previously deferred in accordance with the terms of a previously made Initial
Election or Subsequent Election. 
 2.53 “Successor-in-Interest” means the Beneficiary of a deceased Former Outside
Director, a deceased Former Eligible Employee or another deceased Participant, to whom the right to exercise an Option or the right to payment under the Plan shall have passed, as applicable. 
 2.54 “Surviving Spouse” means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as
applicable). 
 2.55 “Terminating Event” means either of the following events: 
  

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 (a) the liquidation of the Company; or 
 (b) a Change of Control. 
 2.56
“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. Each Outside Director, Former Outside Director, Eligible Employee, Former
Eligible Employee, Successor-in-Interest or Permitted Transferee who is the grantee or transferee of an Option, shall have the right to make an Initial Election to defer the receipt of Shares upon exercise of all or part of such Option by filing an
Initial Election at the time and in the manner described in this Article 3. Unless otherwise specifically provided in the Initial Election, following a Diversification Election, an Initial Election shall apply to the portion of a Participant’s
Account credited to the Income Fund on the same basis as the portion of such Participant’s Account credited to the Company Stock Fund. 
 (b) Subsequent Elections. Each Participant and Beneficiary shall have the right to elect to defer (or, in limited cases, accelerate) the time of receipt of amounts previously deferred in accordance with the terms of a previously made
Initial Election by filing a Subsequent Election at the time, to the extent, and in the manner described in this Article 3. Unless otherwise specifically provided in the Subsequent Election, a Subsequent Election shall apply to the portion of a
Participant’s Account credited to the Income Fund on the same basis as the portion of such Participant’s Account credited to the Company Stock Fund. 
 3.2. Filing of Initial Election: General. An Initial Election shall be made on the form provided by the Administrator for this purpose. No such Initial Election shall be effective unless it is filed with the
Administrator on or before a date that is both (i) more than six (6) months prior to the exercise of such Option and (ii) in the calendar year preceding the calendar year in which such Option is exercised, provided that an Initial
Election filed with the Administrator on or before December 31, 1997, shall be effective with respect to the exercise of any Option after December 31, 1997. 
 3.3. Options to which Initial Elections May Apply. A separate Initial Election may be made for each Option, or a portion of such Option, with respect to which an Outside Director, Former Outside Director,
Eligible Employee, Former Eligible Employee, Successor-in-Interest or Permitted Transferee desires to defer receipt of Shares upon exercise of all or a portion of such Option. The failure of such a Person to make an Initial Election with respect to
an Option shall not affect such Person’s right to make an Initial Election for any other Option. 
 3.4. Initial Election of
Distribution Date. Each Participant who elects to defer the receipt of Shares shall, on the Initial Election, also elect the distribution date for such Shares or any corresponding amounts which may be credited to the Income Fund following a
Diversification Election; provided, however, that subject to acceleration pursuant to Section 3.5(d), Section 3.5(e), Section 3.6, Section 3.7, Section 3.8 or Section 7.1, no distribution may be 

  

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made earlier than January 2nd of the third calendar year beginning after the date of the Initial Election nor later than January 2nd of the
eleventh calendar year beginning after the date of the Initial Election. The designation of the distribution date may vary with each separate Initial Election. 
 3.5. Subsequent Elections. 
 (a) Active Participants. Each Active Participant who has made an
Initial Election, or who has made a Subsequent Election pursuant to this Section 3.5(a), may elect to defer the time of payment of part or all of such Active Participant’s Account for a minimum of two and a maximum of ten additional years
from the previously-elected payment date, by filing a Subsequent Election with the Administrator on or before the close of business on June 30 of the calendar year preceding the calendar year in which the distribution would otherwise be made.
The number of Subsequent Elections under this Section 3.5(a) shall not be limited. 
 (b) Surviving Spouses. 
 (i) General Rule. 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 neither within six (6) months after, nor within the calendar year of, 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 two nor more than ten 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(b)(i) with respect to all or any part of the Deceased Participant’s Account. Subsequent Elections pursuant
to this Section 3.5(b)(i) may specify different changes with respect to different parts of the Deceased Participant’s Account. 
 (ii) Exception. Notwithstanding the above Section 3.5(b)(i), a Subsequent Election may be made by a Surviving Spouse within sixty (60) days of the Deceased Participant’s death; provided, however, such election may only
be made with respect to amounts which would not be paid under the Deceased Participant’s election as in effect on the date of the Deceased Participant’s death until a date which is at least six (6) months from the Deceased
Participant’s date of death. 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 two (2) 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 only make one (1) Subsequent Election under this
Section 3.5(b)(ii) with respect to all or any part of the Deceased Participant’s Account. Such Surviving Spouse may, however, make one additional Subsequent Election under Section 3.5(b)(i) in accordance with the terms of
Section 3.5(b)(i). The one (1) Subsequent Election permitted under this Section 3.5(b)(ii) may specify different changes for different parts of the Deceased Participant’s Account. 
  

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 (c) Beneficiary of a Deceased Participant Other Than a Surviving Spouse. 
 (i) General Rule. 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 neither within six (6) months after, nor within the calendar year of, 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 change in the time of payment, which shall be no less than two (2) 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(c)(i), with respect to all or any part of the Deceased Participant’s Account. Subsequent Elections pursuant to this Section 3.5(c)(i) may specify different changes for different
parts of the Deceased Participant’s Account. 
 (ii) Exception. Notwithstanding the above Section 3.5(c)(i), a Subsequent
Election may be made by a Beneficiary within sixty (60) days of the Deceased Participant’s death; provided, however, such election may only be made with respect to amounts which would not be paid under the Deceased Participant’s
election as in effect on the date of the Deceased Participant’s death until a date which is at least six (6) months from the Deceased Participant’s date of death. Such election shall be made by filing a Subsequent Election with the
Administrator in which the Beneficiary shall specify the change in the time of payment, which shall be no less than two (2) 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(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 for different
parts of the Deceased Participant’s Account. 
 (d) Other Deferral and Acceleration by a Beneficiary. Any Beneficiary (other than
a Surviving Spouse who has made a Subsequent Election under Section 3.5(b) or a Beneficiary who has made a Subsequent Election under Section 3.5(c)) may elect to: 
 (i) Defer the time of payment of any part or all of the Deceased Participant’s Account or deceased Beneficiary’s Account for one additional
year from the date payment would otherwise be made (provided that if a Subsequent Election is made pursuant to this Section 3.5(d)(i), the Deceased Participant’s Account or deceased Beneficiary’s Account shall be in all events
distributed in full on or before the fifth anniversary of the Deceased Participant’s or deceased Beneficiary’s death); or 
 (ii)
Accelerate the time of payment of a Deceased Participant’s Account or deceased Beneficiary’s Account from the date or dates that payment would otherwise be made to the date that is the later of (A) six (6) months after the date
of the Deceased Participant’s or deceased Beneficiary’s death and (B) January 2nd of the calendar year beginning after the Deceased Participant’s or deceased Beneficiary’s death, provided that if a Subsequent Election
is made pursuant to this Section 3.5(d)(ii), the Deceased Participant’s Account or deceased Beneficiary’s Account shall be distributed in full on such accelerated payment date. 
 A Subsequent Election pursuant to this Section 3.5(d) must be filed with the Administrator within one hundred twenty (120) days following the Deceased
Participant’s or deceased 

  

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Beneficiary’s death. One and only one Subsequent Election shall be permitted pursuant to this Section 3.5(d) with respect to a Deceased
Participant’s Account or deceased Beneficiary’s Account, although if such Subsequent Election is filed pursuant to Section 3.5(d)(i), it may specify different changes for different parts of the Account. 
 (e) Acceleration by Disabled Participant or Permitted Transferee of Disabled Participant. A Disabled Participant, or the Permitted Transferee of a
Disabled Participant if applicable, may elect to accelerate the time of payment of the Disabled Participant’s Account from the date payment would otherwise be made to January 2nd of the calendar year beginning after the Participant became
disabled. A Subsequent Election pursuant to this Section 3.5(e) must be filed with the Administrator on or before the close of business on the later of (i) the June 30 following the date the Participant becomes a Disabled Participant
if the Participant becomes a Disabled Participant on or before May 1 of a calendar year, (ii) the 60th day following the date the Participant becomes a Disabled Participant if the Participant becomes a Disabled Participant after May 1
and before November 2 of a calendar year or (iii) the December 31 following the date the Participant becomes a Disabled Participant if the Participant becomes a Disabled Participant after November 1 of a calendar year.

 (f) 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 for a minimum of two years and a maximum of ten additional years from the
previously-elected payment date, by filing a Subsequent Election with the Administrator on or before the close of business on June 30 of the calendar year preceding the calendar year in 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. 
 (g) Retired Participant or Permitted Transferee of Retired Participant. A Retired Participant (who has not been permitted to make a Subsequent
Election under Section 3.5(f)) or a Permitted Transferee of a Retired Participant may elect to defer the time of payment of the Retired Participant’s Account for a minimum of two additional years from the date payment would otherwise be
made (provided that if a Subsequent Election is made pursuant to this Section 3.5(g), the Retired Participant’s Account shall be distributed in full on or before the fifth anniversary of the Retired Participant’s Normal Retirement). A
Subsequent Election pursuant to this Section 3.5(g) must be filed with the Administrator on or before the close of business on the later of (i) the June 30 following the Participant’s Normal Retirement on or before May 1 of
a calendar year, (ii) the 60th day following the Participant’s Normal Retirement after May 1 and before November 2 of a calendar year or (iii) the December 31 following the Participant’s Normal Retirement after
November 1 of a calendar year. 
 (h) Disabled Participant or Permitted Transferee of Disabled Participant. A Disabled
Participant (who has not been permitted to make a Subsequent Election under 3.5(f)) or a Permitted Transferee of a Disabled Participant may elect to defer the time of payment of the Disabled Participant’s Account for a minimum of two additional
years from the date payment would otherwise be made (provided that if a Subsequent Election is made pursuant to this Section 3.5(h), the Disabled Participant’s Account shall be distributed in full on or before the 

  

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fifth anniversary of the date the Participant became a Disabled Participant). A Subsequent Election pursuant to this Section 3.5(h) must be filed with
the Administrator on or before the close of business on the later of (i) the June 30 following the date the Participant becomes a Disabled Participant if the Participant becomes a Disabled Participant on or before May 1 of a calendar
year, (ii) the 60th day following the date the Participant becomes a Disabled Participant if the Participant becomes a Disabled Participant after May 1 and before November 2 of a calendar year or (iii) the December 31
following the date the Participant becomes a Disabled Participant if the Participant becomes a Disabled Participant after November 1 of a calendar year. 
 (i) Most Recently Filed Initial Election or Subsequent Election Controlling. Subject to acceleration pursuant to Section 3.5(d), or 3.5(e), Section 3.6 or 7.1, no distribution of the amounts deferred
pursuant to this Article 3 for any calendar year shall be made before the distribution date designated by the Participant or Beneficiary, Permitted Transferee or Successor-in-Interest, as applicable, on the most recently filed Initial Election or
Subsequent Election with respect to each deferred amount. 
 3.6. Distribution in Full upon Terminating Event. The Company shall give
Participants 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 Company may, in its sole and absolute
discretion, provide in such notice that notwithstanding any other provision of the Plan or the terms of any Initial or Subsequent Election, upon the consummation of a Terminating Event, the Account balance of each Participant shall be distributed in
full and any outstanding Initial Elections or Subsequent Elections shall be revoked. 
 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”), 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: 
 (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 

  

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Administrator as being necessary to pay the Death Taxes apportioned against the Decedent’s Account; the Administrator shall remit the amounts so
withdrawn to the Personal Representative, who shall apply the same to the payment of the Decedent’s Death Taxes, or the Administrator may pay such amounts directly to any taxing authority as payment on account of Decedent’s Death Taxes, as
the Administrator elects; 
 (iv) If the Administrator makes a withdrawal from the Decedent’s Account to pay the Decedent’s Death
Taxes and such withdrawal causes the recognition of income to the Beneficiary, the Administrator shall pay to the Beneficiary from the Decedent’s Account, within thirty (30) days of the Beneficiary’s request, the amount necessary to
enable the Beneficiary to pay the Beneficiary’s income tax liability resulting from such recognition of income; additionally, the Administrator shall pay to the Beneficiary from the Decedent’s Account, within thirty (30) days of the
Beneficiary’s request, such additional amounts as are required to enable the Beneficiary to pay the Beneficiary’s income tax liability attributable to the Beneficiary’s recognition of income resulting from a distribution from the
Decedent’s Account pursuant to this Section 3.7(b)(iv); 
 (v) Amounts withdrawn from the Decedent’s Account by the
Administrator pursuant to Sections 3.7(b)(iii) and 3.7(b)(iv) shall be withdrawn from the portions of Decedent’s Account having the earliest distribution dates as specified in Decedent’s Initial Election or Subsequent Election; and

 (vi) Within a reasonable time after the later to occur of the Death Tax Clearance Date and the payment date designated in the
Decedent’s Initial Election or Subsequent Election, the Administrator shall pay the Decedent’s Account to the Beneficiary. 
 3.8.
Effect of Distribution within Five Years of Effective Date of Diversification Election. If, pursuant to Section 3.1 through 3.7, Shares distributable with respect to Deferred Stock Units credited to the Company Stock Fund that are
attributable to the Option as to which a Diversification Election was made are distributed on or before the fifth anniversary of the effective date of such Diversification Election (and, in the case of a Participant who is a Successor-in-Interest or
a Permitted Transferee, whether or not such Diversification Election was made by a Participant’s predecessor-in-interest), then, except as to the extent such distribution of amounts credited to the Income Fund would constitute an impermissible
acceleration of the time of payment under Section 409A, or as may otherwise be provided by the Committee in its sole and absolute discretion, the following percentage of the Participant’s Account credited to the Income Fund and
attributable to such Diversification Election shall be distributed simultaneously with such Shares, without regard to any election to the contrary: 
  

			
	 Time that Shares are Distributable
	  	Distributable Percentage of
Corresponding Income Fund
Amount
	 On or before the third anniversary of a Diversification Election
	  	60%

  

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	 Time that Shares are Distributable
	  	Distributable Percentage of
Corresponding Income Fund
Amount
	 After the third anniversary of a Diversification Election and on or before the fourth anniversary of a Diversification
Election
	  	40%
	 After the fourth anniversary of a Diversification Election and on or before the fifth anniversary of a Diversification
Election
	  	20%
	 After the fifth anniversary of a Diversification Election
	  	0%

 ARTICLE 4 - MANNER OF DISTRIBUTION 
 4.1. Manner of Distribution. 
 (a)
Deferred Stock Units credited to an Account shall be distributed in a lump sum in shares of Common Stock and/or Special Common Stock, as applicable. Dividend equivalents shall be distributed in a lump sum in cash. Amounts credited to the Income Fund
pursuant to a Diversification Election shall be distributed in a lump sum in cash. 
 (b) Notwithstanding any Initial Election or Subsequent
Election or any other provision of the Plan to the contrary, following a Participant’s termination of employment for any reason, if the amount credited to the Participant’s Account has a value of $25,000 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, however, that this Section 4.1(b) shall not apply to any amount credited to a Participant’s
Account until the expiration of the deferral period applicable under any Initial Election or Subsequent Election in effect as of April 29, 2002. 
 ARTICLE 5 - BOOK ACCOUNTS 
 5.1. Account. An Account shall be established for each Outside
Director, Former Outside Director, Eligible Employee, Former Eligible Employee, Successor-in-Interest or Permitted Transferee when such Person becomes a Participant. Deferred Stock Units shall be credited to the Account as of the date of exercise of
an Option as to which an Initial or Subsequent Election is in effect. Each Deferred Stock Unit that represented a hypothetical share of Comcast Corporation Class A Common Stock, par value $1.00 immediately before the consummation of the
AT&T Broadband Transaction shall be treated as a hypothetical share of Common Stock. Each Deferred Stock Unit that represented a hypothetical share of Comcast Corporation Class A Special Common Stock, par value $1.00 shall be treated as a
hypothetical share of Special Common Stock. To the extent an Account is deemed invested in the Income Fund, the Administrator shall credit earnings with respect to such Account at the Applicable Interest Rate, as further provided in
Section 5.2. 
  

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 5.2. Crediting of Income, Gains and Losses on Accounts. 
 (a) In General. Except as otherwise provided in this Section 5.2, the value of a Participant’s Account as of any date shall be determined
as if it were invested in the Company Stock Fund. 
 (b) Diversification Elections. 
 (i) In General. A Diversification Election shall be available (A) at any time that a Registration Statement filed under the Securities Act of
1933, as amended (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 Administrator. No approval is required for a Diversification Election other than a Special Diversification Election. 
 (ii) Administrator 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 Administrator in its sole discretion. A Special Diversification Election shall only be effective if (and to the extent) approved by the Administrator. 
 (iii) Conversion of Deferred Stock Units to Cash Equivalents. Each Participant who is an Outside Director, Former Outside Director, Eligible
Employee, Former Eligible Employee, Successor-in-Interest or Permitted Transferee 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 credited to the Company Stock Fund that are attributable to any Option to the Income Fund. No deemed transfers shall be permitted from the Income Fund to the Company Stock Fund. Diversification Elections under this Section 5.2(b) shall be
prospectively effective on the later of (A) the date designated by the Participant on a Diversification Election filed with the Administrator 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 Participant’s Account. 
 (c) Timing of Credits. Account balances
subject to a Diversification Election under Section 5.2(b) shall be deemed transferred from the Company Stock Fund to the Income Fund as of 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 Company Stock underlying liquidated Deferred Stock Units at Fair Market Value as of the effective date of a Diversification Election.

 5.3. Status of Deferred Amounts. Regardless of whether or not the Company is a Participant’s employer, all amounts 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 

  

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Accounts. Nothing contained herein shall be deemed to create an escrow, trust, custodial account or fiduciary relationship of any kind. Nothing contained
herein shall be construed to eliminate any priority or preferred position of a Participant in a bankruptcy matter with respect to claims for wages. 
 ARTICLE 6 - NONALIENATION OF BENEFITS 
 6.1. Alienation Prohibited. Except as otherwise required by applicable law,
the right of any Participant or Beneficiary to any benefit or interest under any of the provisions of this Plan shall not be subject to encumbrance, attachment, execution, garnishment, assignment, pledge, alienation, sale, transfer, or anticipation,
either by the voluntary or involuntary act of any Participant or any Participant’s Beneficiary or by operation of law, nor shall such payment, right, or interest be subject to any other legal or equitable process. 
 ARTICLE 7 - DEATH OF PARTICIPANT 
 7.1. Death of Participant. Except as provided in Section 3.7, 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, Permitted Transferee, Successor-in-Interest or Beneficiary timely elects to accelerate or defer the time of payment pursuant to Section 3.5(b),
Section 3.5(c), Section 3.5(d), Section 3.5(e), or Section 3.5(f). 
 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 the
form provided by the Administrator for such purpose. 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. 
 ARTICLE 8 - INTERPRETATION 
 8.1. 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. 
 8.2. 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; 
  

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 (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 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. 
 It
is intended that the claims procedures of this Plan be administered in accordance with the claims procedure regulations of the Department of Labor set forth in 29 CFR § 2560.503-1. 
 Claims for benefits under the Plan must be filed with the Administrator at the following address: 
 Comcast Corporation 
 1500 Market Street

 Philadelphia, PA 19102 
 Attention: General Counsel 
 ARTICLE 9 - AMENDMENT OR TERMINATION 
 9.1. Amendment or Termination. 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. 
 ARTICLE 10 - WITHHOLDING OF TAXES ON EXERCISE OF OPTION 
 10.1. In General. Whenever the Company proposes or is
required to credit Deferred Stock Units to an Account in connection with the exercise of an Option, the Company shall have the right to require the Participant to remit to the Company an amount sufficient to satisfy any 

  

 -19- 

 
federal, state and local withholding tax requirements prior to the date on which Deferred Stock Units shall be deemed credited to the Account, or take any
action whatever that it deems necessary to protect its interests with respect to tax liabilities. The Company’s obligation to credit Deferred Stock Units to an Account on the exercise of an Option subject to an Initial or Subsequent Election
shall be conditioned on the Participant’s compliance, to the Company’s satisfaction, with any withholding requirement. Except as otherwise provided in Section 10.2, the Company shall satisfy all applicable withholding tax requirements
by withholding tax from other compensation payable by the Company to the Participant, or by the Participant’s delivery of cash or other property acceptable to the Company having a value equal to the applicable withholding tax. 
 10.2. Share Withholding Election. With respect to any Option subject to an Initial Election, an Eligible Employee, Former Eligible Employee,
Successor-in-Interest or Permitted Transferee may elect to have the number of Option Shares determined such that Shares subject to such Option are withheld by the Company to the extent necessary to satisfy any withholding tax liabilities incurred in
connection with the exercise of such Option. The number of Shares subject to an Option to be withheld pursuant to such a Share Withholding Election shall have a Fair Market Value approximately equal to the sum of: 
 (a) The minimum amount of withholding taxes required to be withheld by the Company under applicable law, plus 
 (b) Either (i) the minimum amount of withholding taxes arising because of the recognition of income (and consequent non-deferral of income) with
respect to such withheld Shares, or (ii) the amount of withholding taxes arising because of the recognition of income (and consequent non-deferral of income) with respect to such withheld Shares, calculated at the highest applicable marginal
tax rates, as indicated on the Share Withholding Election. 
 Notwithstanding any other provision of the Plan or the terms of any Initial or Subsequent
Election, the number of Deferred Stock Units credited to Participants’ Accounts shall be adjusted appropriately to reflect the withholding of Shares pursuant to such Share Withholding Elections. 
 ARTICLE 11 - CAPITAL ADJUSTMENTS 
 11.1. Capital Adjustments. In the event that the Common Stock or Special Common Stock is 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 dividends, stock split-ups or other substitution of securities of the Company, the Committee shall make appropriate equitable anti-dilution adjustments to the number of Deferred Stock Units
credited to Participants’ Accounts. The Committee’s adjustment shall be effective and binding for all purposes of the Plan. 
 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 in the employment of a Participating Company as an executive or in any other capacity. 
  

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 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. 
 12.7. Expiration of Options. Notwithstanding
any provision of the Plan or an Initial or Subsequent Election, no Initial or Subsequent Election shall be effective with respect to an Option that has expired. In addition, no provision of the Plan or an Initial or Subsequent Election shall be
construed to extend the expiration date of any Option. 
 ARTICLE 13 - EFFECTIVE DATE 
 13.1. Effective Date. The effective date of this amendment and restatement of the Plan shall be October 7, 2008. 
 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 7th day of October, 2008. 
  

			
	COMCAST CORPORATION
		
	BY:	 	 /s/ David L. Cohen

		
	ATTEST:	 	 /s/ Arthur R. Block

  

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