Document:

COMCAST CORPORATION

                              1996 CASH BONUS PLAN

               (Amended and Restated, Effective December 19, 2000)

          1. PURPOSE

             The purpose of the Plan is to promote the ability of Comcast
Corporation (the "Company") and its Affiliates (as defined below) to retain and
recruit employees and enhance the growth and profitability of the Company by
providing the incentive of short-term and long-term cash bonus awards for
continued employment and the attainment of performance objectives.

          2. DEFINITIONS

             (a) "Affiliate" means, with respect to any Person, any other person
that, directly or indirectly, is in control of, is controlled by, or is under
common control with, such Person. For purposes of this definition, the term
"control," including its correlative terms "controlled by" and "under common
control with," mean, with respect to any Person, the possession, directly or
indirectly, of the power to direct or cause the direction of the management and
policies of such Person, whether through the ownership of voting securities, by
contract or otherwise.

             (b) "Award" or "Cash Bonus Award" means a cash bonus award granted
under the Plan.

             (c) "Award Period" means the period extending from January 1 of the
first Plan Year to which an Award applies  through  December 31 of the last Plan
Year to which such Award applies.

             (d) "Board" means the Board of Directors of the Company.

             (e) "Change of Control" means any transaction or series of
transactions as a result of which any Person who was a Third Party immediately
before such transaction or series of transactions directly or indirectly owns
then-outstanding securities of the Company having more than 50 percent of the
voting power for the election of directors of the Company.

             (f) "Committee" means the Subcommittee on Performance Based
Compensation of the Compensation Committee of the Board.

<PAGE>
             (g) "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.

             (h) "Date of Grant" means the date on which an Award is granted.

             (i) "Eligible Employee" means an employee of the Company or an
Affiliate of the Company, as determined by the Committee.

             (j) "Grantee" means an Eligible Employee who is granted an Award.

             (k) "Person" means an individual, a corporation, a partnership, an
association, a trust or any other entity or organization.

             (l) "Plan" means the Comcast Corporation 1996 Cash Bonus Plan, as
set forth herein, and as amended from time to time.

             (m) "Plan Year" means the calendar year.

             (n) "Roberts Family." Each of the following is a member of the
Roberts Family:

                 (i) Brian L.Roberts;

                 (ii) a lineal descendant of Brian L. Roberts; or

                 (iii) a trust established for the benefit of any of Brian L.
Roberts and/or a lineal descendant or descendants of Brian L. Roberts.

              (o) "Target" means, for any Plan Year or Award Period, the
performance objective or objectives established by the Committee.

              (p) "Terminating Event" means any of the following events:

                  (i) the liquidation of the Sponsor; or

                  (ii) a Change of Control.

              (q) "Third Party" means any Person, together with such Person's
Affiliates, provided that the term "Third Party" shall not include the Company,
an Affiliate of the Company or any member or members of the Roberts Family.

                                      -2-
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          3. RIGHTS TO BE GRANTED

             Rights that may be granted under the Plan are rights to cash
payments, payable in accordance with the terms of the Plan and the Award
document.

          4. ADMINISTRATION OF THE PLAN

             (a) Administration. The Plan shall be administered by the
Committee.

             (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 Eligible Employees to whom Awards shall be
granted under the Plan, to determine the amount of cash to be paid pursuant to
each Award, and, pursuant to the provisions of the Plan, to determine the terms
and conditions of each Award; 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, wilful misconduct or recklessness; provided, however,
that the provisions of this Paragraph 4(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

                                      -3-
<PAGE>
Committee, whether or not he continues to be such member of the Committee at the
time of the action, suit or proceeding.

          5. ELIGIBILITY

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

          6. CASH BONUS AWARDS

             The Committee may grant Awards in accordance with the Plan. 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. Awards may be granted at any time from the date
of adoption of the Plan by the Board until the Plan is terminated by the Board
or the Committee.

             (b) Non-uniformity of Awards. The provisions of Awards need not be
the same with respect to each Grantee.

             (c) Awards and Agreements. The terms of each Award shall be
reflected in an Award document in form and substance satisfactory to the
Committee.

             (d) Conditions to Payment of Awards. The Committee shall establish
such conditions on the payment of a bonus pursuant to an Award as it may, in its
sole discretion, deem appropriate. The conditions shall be set forth in the
Award document. The Award may provide for the payment of Awards in installments,
or upon the satisfaction of divisional or Company-wide Targets, as determined by
the Committee. The Committee may, in its sole discretion, waive, in whole or in
part, any remaining conditions to payment of a Grantee's Award. The Grantee
shall not be permitted to sell, transfer, pledge or assign any amount payable
pursuant to the Plan or an Award (provided that the right to payment under an
Award may pass by will or the laws of descent and distribution).

             (e) Termination of Grantee's Employment.

                 (1) A transfer of an Eligible Employee between two employers,
each of which is the Company or an Affiliate of the Company (a "Transfer"),
shall not be deemed a termination of employment. The Committee may grant Awards
pursuant to which the Committee reserves the right to modify the calculation of
an Award in connection with a Transfer. In general, except as otherwise provided
by the Committee at the time an Award is granted or in connection with a
Transfer, upon the Transfer of a Grantee between divisions while

                                      -4-
<PAGE>
an Award is outstanding and unexpired, the outstanding Award shall be treated as
having terminated and expired, and a new Award shall be treated as having been
made, effective as of the effective date of the Transfer, for the portion of the
Award which had not expired or been paid, but subject to the performance and
payment conditions applicable generally to Awards for Grantees who are employees
of the transferee division, all as shall be determined by the Committee in an
equitable manner.

                 (2) In the event that a Grantee terminates employment with the
Company and its Affiliates, all Awards remaining subject to conditions to
payment shall be forfeited by the Grantee and deemed canceled by the Company.

             (f) Time of Grant. Subject to Paragraph 7, following the
satisfaction of the conditions to payment of an Award, the Company shall pay the
Grantee (or the person to whom the right to payment may have passed by will or
the laws of descent and distribution) the amount payable in connection with the
lapse of such restrictions.

          7. TAXES

             The Company shall withhold the amount of any federal, state, local
or other tax, charge or assessment attributable to the grant of any Award or
lapse of restrictions under any Award as it may deem necessary or appropriate,
in its sole discretion.

          8. TERMINATING EVENTS

             The Committee shall give Grantees at least thirty (30) days' notice
(or, if not practicable, such shorter notice as may be reasonably practicable)
prior to the anticipated date of the consummation of a Terminating Event. The
Committee may, in its discretion, provide in such notice that upon the
consummation of such Terminating Event, any remaining conditions to payment of a
Grantee's Award shall be waived, in whole or in part.

          9. AMENDMENT AND TERMINATION

             The Plan may be terminated by the Board or the Committee at any
time. The Plan may be amended by the Board or the Committee at any time. No
Award shall be affected by any such termination or amendment without the written
consent of the Grantee.

          10. EFFECTIVE DATE

             The effective date of this amendment and restatement of the Plan is
December 19, 2000, the date on which it was adopted by the Committee. To the
extent provided by the Committee, the rules of the Plan, as amended and
restated, shall apply to the

                                      -5-
<PAGE>
determination of payments to be made pursuant to the Plan on and after the
effective date of this amendment and restatement of the Plan.

          11. GOVERNING LAW

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

                    Executed this 19th day of December, 2000.

                                       COMCAST CORPORATION

                                       BY:______________________________________

                                       ATTEST:__________________________________

                                      -6-COMCAST CORPORATION

                         1996 EXECUTIVE CASH BONUS PLAN
                     (as amended through December 19, 2000)

         1. PURPOSE

         The purpose of the Plan is to provide, subject to shareholder approval
and approval by the Committee (as defined below), performance-based cash bonus
compensation for certain employees of Comcast Corporation, a Pennsylvania
corporation (the "Company") in accordance with a formula that is based on the
financial success of the Company as part of an integrated compensation program
which is intended to assist the Company in motivating and retaining employees of
superior ability, industry and loyalty.

         2. DEFINITIONS

         The following words and phrases as used herein shall have the following
meanings, unless a different meaning is plainly required by the context:

         "Board of Directors" shall mean the Board of Directors of the Company.

         "Cash Flow" shall mean the operating income before depreciation and
amortization for the Company and those of its affiliates which are included with
the Company in its consolidated financial statements as prepared by the Company
in accordance with generally accepted accounting principles.

         "Committee" shall mean the Subcommittee on Performance-Based
Compensation of the Compensation Committee of the Board of Directors.

         "Company" shall mean Comcast Corporation, a Pennsylvania corporation,
and any successor thereto.

         "First Tier Goal" shall mean the performance goal, measured in terms of
level of Cash Flow, as established by the Committee for each Plan Year. The
First Tier Goal is the performance measure which, if achieved, permits payment
to each Participant of 66% of the Participant's Target Bonus. The Committee
shall in all events establish the First Tier Goal for each Plan Year no later
than 90 days after the first day of the Plan Year or, if sooner, within the
first 25% of the Plan Year. The First Tier Goal shall be established at the
discretion of the Committee, provided, however, that the Committee must
determine that, as of the date the First Tier Goal is established, it is
substantially uncertain whether the level of Cash Flow required to meet the
First Tier Goal will be achieved.

         "Participant" shall mean those persons eligible to participate in the
Plan in accordance with Section 3.
<PAGE>

         "Plan" shall mean the 1996 Comcast Corporation Executive Cash Bonus
Plan.

         "Plan Year" shall mean the calendar year, except that the first Plan
Year shall be the period from July 1, 1996 through December 31, 1996.

         "Second Tier Goal" shall mean the performance goal, measured in terms
of level of Cash Flow, as established by the Committee for each Plan Year. The
Second Tier Goal is the performance measure which, if achieved, permits payment
to each Participant of 100% of the Participant's Target Bonus. The Committee
shall establish the Second Tier Goal for each Plan Year at the same time that it
establishes the First Tier Goal for such Plan Year. The Second Tier Goal shall
be a level of Cash Flow chosen at the discretion of the Committee that is higher
than the level of Cash Flow chosen for the Plan Year as the First Tier Goal.

         "Target Bonus" shall mean, with respect to any Participant for any Plan
Year, the sum of (a) the Target Percentage of the Participant's base salary and
any guaranteed bonus (other than any bonus awarded on account of the termination
as of December 31, 1993, of the Company's discretionary cash bonus plan) as of
the first day of the Plan Year and (b) the amount, if any, of such Participant's
Target Bonus for any prior Plan Year which was not earned due to failure to meet
the First Tier Goal or the Second Tier Goal; provided, however, that in no event
shall any Participant's Target Bonus for any Plan Year exceed $3,000,000.

         "Target Percentage" shall mean, with respect to any Participant for any
Plan Year, a percentage, not to exceed 150%, established by the Committee with
respect to such Participant and such Plan Year. If no other percentage is
selected by the Committee, the Target Percentage shall be 50%.
<PAGE>

         3. PARTICIPATION

         The Participants in the Plan shall be

         (a) Brian L. Roberts, Lawrence S. Smith, John R. Alchin and Stanley
Wang;

         (b) Effective for Plan Years beginning after 1999, Brian L. Roberts,
Lawrence S. Smith, John R. Alchin, Stanley Wang, Stephen B. Burke, Michael A.
Tallent, Bradley P. Dusto and David N. Watson;

         (c) Effective for Plan Years beginning after 2000, Brian L. Roberts,
Lawrence S. Smith, John R. Alchin, Stanley Wang, Stephen B. Burke, Michael A.
Tallent, Bradley P. Dusto, David N. Watson, Arthur R. Block, Mark A. Coblitz and
Robert A. Pick; and

         (d) Effective for Plan Years beginning after 2004, Brian L. Roberts,
Lawrence S. Smith, John R. Alchin, Stanley Wang, Stephen B. Burke, Michael A.
Tallent, Bradley P. Dusto, David N. Watson, Arthur R. Block, Mark A. Coblitz,
Robert A. Pick and Lawrence J. Salva.

In addition, Participants in the Plan shall include such other key executives as
may be designated by the Committee to participate in the Plan from time to time.

         4. TERM OF PLAN

         Subject to approval of the Plan by the Committee and the shareholders
of the Company, the Plan shall be in effect as of July 1, 1996 and shall
continue until all amounts required to be paid with respect to all Plan Years up
through and including the Plan Year ending December 31, 2003 are paid by the
Company, unless sooner terminated by the Board of Directors.

         5. BONUS ENTITLEMENT

         Each Participant shall be entitled to receive a bonus in accordance
with the provisions of Section 6 of the Plan only after certification by the
Committee that the performance goals set forth in Section 6 have been satisfied.
The bonus payment under the Plan shall be paid to each Participant as soon as
practicable following the close of the Plan Year with respect to which the bonus
is to be paid. Notwithstanding anything contained herein to the contrary, no
bonus shall be payable under the Plan without the prior disclosure of the terms
of the Plan to the shareholders of the Company and the approval of the Plan by
such shareholders.

<PAGE>

         6. AMOUNT OF PERFORMANCE-BASED COMPENSATION BONUS

         (a) Each Participant in the Plan shall be entitled to a bonus with
respect to a Plan Year which is equal to 66% of the Participant's Target Bonus
if the Company's Cash Flow for the Plan Year is at least equal to the First Tier
Goal, and 100% of the Target Bonus if the Company's Cash Flow for the Plan Year
is at least equal to the Second Tier Goal. If the level of Cash Flow for the
Plan Year is higher than the First Tier Goal and lower than the Second Tier
Goal, the bonus with respect to such Plan Year shall be such percentage of the
Participant's Target Bonus in excess of 66% as is determined by prorating the
difference between 100% and 66% according to the level of Cash Flow in excess of
the First Tier Goal divided by the difference between the levels of Cash Flow
represented by the Second Tier Goal and the First Tier Goal. If the level of
Cash Flow for a Plan Year is below the First Tier Goal established with respect
to such Plan Year, no bonus shall be payable under the Plan for that Plan Year.

         (b) In the event any payment of a bonus otherwise payable under the
Plan occurs more than two months after the close of the Plan Year with respect
to which the bonus is paid because the required disclosure of the terms of the
Plan to the shareholders of the Company and the approval of the Plan by such
shareholders delays such bonus payment, the amount of the bonus otherwise
payable shall be increased by the amount such bonus payment would earn if it
were invested in an investment bearing a 7% annual rate of return, compounded
daily, or such other reasonable rate of interest as may be determined by the
Committee, during the period from the close of the Plan Year with respect to
which such bonus is paid and the date the bonus is actually paid.

         (c) Notwithstanding anything contained herein to the contrary, in the
event there is a significant acquisition or disposition of any assets, business
division, company or other business operations of the Company that is reasonably
expected to have an effect on Cash Flow as otherwise determined under the terms
of the Plan, the First Tier Goal and the Second Tier Goal shall be adjusted to
take into account the impact of such acquisition or disposition by increasing or
decreasing such goals in the same proportion as Cash Flow of the Company would
have been affected for the prior Plan Year on a pro forma basis had such an
acquisition or disposition occurred on the same date during the prior Plan Year
(except in the case of the first Plan Year the adjustment shall be made by
reference to the effect such an acquisition or disposition on the same date
during the prior calendar year would have had on Cash Flow for the period
commencing July 1, 1995 and ending December 31, 1995). Such adjustment shall be
based upon the historical equivalent of Cash Flow of the assets so acquired or
disposed of for the prior Plan Year, as shown by such records as are available
to the Company, as further adjusted to reflect any aspects of the transaction
that should be taken into account to ensure comparability between amounts in the
prior Plan Year and the current Plan Year.

         (d) Notwithstanding the determination of the amount of a Participant's
bonus payable with respect to any Plan Year under Section 6(a), the Committee
shall have the discretion to reduce or eliminate the bonus otherwise payable to
a Participant if it determines that such a reduction or elimination of the bonus
is in the best interests of the Company.

<PAGE>

         7. COMMITTEE

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

            (i) provide rules and regulations for the management, operation and
administration of the Plan, and, from time to time, to amend or supplement such
rules and regulations;

            (ii) construe the Plan, which construction, as long as made in good
faith, shall be final and conclusive upon all parties hereto; and

            (iii) correct any defect, supply any omission, or reconcile any
inconsistency in the Plan in such manner and to such extent as it shall deem
expedient to carry the same into effect, and it shall be the sole and final
judge of when such action shall be appropriate.

         The resolution of any questions with respect to payments and
entitlements pursuant to the provisions of the Plan shall be determined by the
Committee, and all such determinations shall be final and conclusive.

         (b) Indemnity. No member of the Committee shall be directly or
indirectly responsible or under any liability by reason of any action or default
by him as a member of the Committee, or the exercise of or failure to exercise
any power or discretion as such member. No member of the Committee shall be
liable in any way for the acts or defaults of any other member of the Committee,
or any of its advisors, agents or representatives. The Company shall indemnify
and save harmless each member of the Committee against any and all expenses and
liabilities arising out of his own membership on the Committee.

         (c) Compensation and Expenses. Members of the Committee shall receive
no separate compensation for services other than compensation for their services
as members of the Board of Directors, which compensation can include
compensation for services at any committee meeting attended in their capacity as
members of the Board of Directors. Members of the Committee shall be entitled to
receive their reasonable expenses incurred in administering the Plan. Any such
expenses, as well as extraordinary expenses authorized by the Company, shall be
paid by the Company.
<PAGE>

         (d) Participant Information. The Company shall furnish to the Committee
in writing all information the Company deems appropriate for the Committee to
exercise its powers and duties in administration of the Plan. Such information
shall be conclusive for all purposes of the Plan and the Committee shall be
entitled to rely thereon without any investigation thereof; provided, however,
that the Committee may correct any errors discovered in any such information.

         (e) Inspection of Documents. The Committee shall make available to each
Participant, for examination at the principal office of the Company (or at such
other location as may be determined by the Committee), a copy of the Plan and
such of its records, or copies thereof, as may pertain to any benefits of such
Participant under the Plan.

         8. EFFECTIVE DATE, TERMINATION AND AMENDMENT

         (a) Effective Date of Participation in Plan. Subject to shareholder and
Committee approval of the Plan, participation in this Plan shall be effective as
of July 1, 1996 and shall continue thereafter until the Plan is terminated.

         (b) Amendment and Termination of the Plan. The Plan may be terminated
or revoked by the Company at any time and amended by the Company from time to
time, provided that neither the termination, revocation or amendment of the Plan
may, without the written approval of the Participant, reduce the amount of a
bonus payment that is due, but has not yet been paid, and provided further that
no changes that would increase the amount of bonuses determined under provisions
of the Plan shall be effective without approval by the Committee and without
disclosure to and approval by the shareholders of the Company in a separate vote
prior to payment of such bonuses. In addition, the Plan may be modified or
amended by the Committee, as it deems appropriate, in order to comply with any
rules, regulations or other guidance promulgated by the Internal Revenue Service
with respect to applicable provisions of the Internal Revenue Code of 1986, as
amended (the "Code"), as they relate to the exemption for "performance-based
compensation" under the limitations on the deductibility of compensation imposed
under Code Section 162(m).

         9. MISCELLANEOUS PROVISIONS

         (a) Unsecured Creditor Status. A Participant entitled to a bonus
payment hereunder, shall rely solely upon the unsecured promise of the Company,
as set forth herein, for the payment thereof, and nothing herein contained shall
be construed to give to or vest in a Participant or any other person now or at
any time in the future, any right, title, interest, or claim in or to any
specific asset, fund, reserve, account, insurance or annuity policy or contract,
or other property of any kind whatever owned by the Company, or in which the
Company may have any right, title, or interest, nor or at any time in the
future.

         (b) Other Company Plans. It is agreed and understood that any benefits
under this Plan are in addition to any and all benefits to which a Participant
may

<PAGE>

otherwise be entitled under any other contract, arrangement, or voluntary
pension, profit sharing or other compensation plan of the Company, whether
funded or unfunded, and that this Plan shall not affect or impair the rights or
obligations of the Company or a Participant under any other such contract,
arrangement, or voluntary pension, profit sharing or other compensation plan.

         (c) Separability. If any term or condition of the Plan shall be invalid
or unenforceable to any extent or in any application, then the remainder of the
Plan, with the exception of such invalid or unenforceable provision, shall not
be affected thereby, and shall continue in effect and application to its fullest
extent.

         (d) Continued Employment. Neither the establishment of the Plan, any
provisions of the Plan, nor any action of the Committee shall be held or
construed to confer upon any Participant the right to a continuation of
employment by the Company. The Company reserves the right to dismiss any
employee (including a Participant), or otherwise deal with any employee
(including a Participant) to the same extent as though the Plan had not been
adopted.

         (e) Incapacity. If the Committee determines that a Participant is
unable to care for his affairs because of illness or accident, any benefit due
such Participant under the Plan may be paid to his spouse, child, parent, or any
other person deemed by the Committee to have incurred expense for such
Participant (including a duly appointed guardian, committee, or other legal
representative), and any such payment shall be a complete discharge of the
Company's obligation hereunder.

         (g) Jurisdiction. The Plan shall be construed, administered, and
enforced according to the laws of the Commonwealth of Pennsylvania, except to
the extent that such laws are preempted by the Federal laws of the United States
of America.

         (h) Withholding. The Participant shall make appropriate arrangements
with the Company for satisfaction of any federal, state or local income tax
withholding requirements and Social Security or other tax requirements
applicable to the accrual or payment

<PAGE>

of benefits under the Plan. If no other arrangements are made, the Company may
provide, at its discretion, for any withholding and tax payments as may be
required.

                    Executed this 19th day of December, 2000.

                                        COMCAST CORPORATION

                                BY:_______________________________________

                                ATTEST:___________________________________

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