LIFE INSURANCE PREMIUM AND TAX BONUS AGREEMENT
This LIFE INSURANCE PREMIUM AND TAX BONUS AGREEMENT is made as of the 22 nd day of May, 2006 between
COMCAST CORPORATION, a Pennsylvania corporation (together with its subsidiaries, the “Company”), and BRIAN L.
The Company, in addition to other forms of compensation (including life insurance) provided to Roberts, and pursuant to the
requirements of an Employment Agreement between the parties dated as of June 1, 2005, wishes to provide funding to Roberts
for additional life insurance protection having an aggregate death benefit amount of $50,000,000 under policies of life insurance
insuring the life of Roberts, which are owned by a trust created by Roberts, as described on the attached Schedule A and which
were or will be issued by the insurance companies identified in Schedule A (such policies referred to individually as a “Policy”
and collectively as the “Policies” and the insurance companies identified on Schedule A referred to individually as the “Insurer”
and collectively as the “Insurers”).
Intending to be legally bound, the Company and Roberts agree as follows:
1. Life Insurance Premiums . At or as soon as practical following the due date of each annual premium under each Policy, the
Company shall pay to Roberts the full amount of the annual premium under such Policy. The payment or payments made to
Roberts under this Section 1 are referred to individually as a “Premium Payment” and collectively as the “Premium Payments.”
2. Bonus .
(a) In addition to the Premium Payments, the Company shall pay to Roberts, at or as soon as practical following the time
each Premium Payment is to be made under Section 1, the following supplemental amount with respect to each such
Premium Payment (such amount referred to individually as a “Bonus” and collectively as the “Bonuses”): an income tax
gross-up amount equal to (i) the product of such Premium Payment times the highest marginal income tax