1996 EXECUTIVE CASH BONUS PLAN
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.
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