2003 STOCK OPTION PLAN
(AS AMENDED AND RESTATED EFFECTIVE DECEMBER 12, 2007)
(a) Background . COMCAST CORPORATION, a Pennsylvania corporation hereby amends and restates the Comcast
Corporation 2003 Stock Option Plan, (the “Plan”), effective December 12, 2007.
(b) Purpose . The purpose of the Plan is to assist the Sponsor and its Affiliates in retaining valued employees, officers
and directors by offering them a greater stake in the Sponsor’s success and a closer identity with it, and to aid in attracting
individuals whose services would be helpful to the Sponsor and would contribute to its success.
(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) “ AT&T Broadband Transaction ” means the acquisition of AT&T Broadband Corp. (now known as Comcast
Cable Communications Holdings, Inc.) by the Sponsor.
(c) “ Board ” means the board of directors of the Sponsor.
(d) “ Cash Right ” means any right to receive cash in lieu of Shares granted under the Plan and described in Paragraph
(e) “ Cause ” means (i) fraud; (ii) misappropriation; (iii) embezzlement; (iv) gross negligence in the performance of
duties; (v) self-dealing; (vi) dishonesty; (vii) misrepresentation; (viii) conviction of a crime of a felony; (ix) material
violation of any Company policy; (x) material violation of the Company’s Code of Ethics and Business Conduct or, (xi) in
the case of an employee of a Company who is a party to an employment agreement with a Company, mater