AMENDMENT NO. [ ] TO EMPLOYMENT AGREEMENT
Exhibit 10.41
AMENDMENT NO. [ ] TO EMPLOYMENT AGREEMENT
This AMENDMENT NO. [ ] TO EMPLOYMENT AGREEMENT is entered as of the day of December, 2012, between COMCAST CORPORATION, a Pennsylvania corporation (together with its subsidiaries, the Company), and [ ] (Employee).
BACKGROUND
WHEREAS, the parties entered into an Employment Agreement dated as of [ ] (the Agreement), that sets forth the terms and conditions of Employees employment with the Company, and
WHEREAS, the Company and Employee wish to amend the Agreement in accordance with Internal Revenue Service Notice 2010-80 to clarify the time that any post-termination continuation of compensation may be paid following Employees termination of employment, if the Employee meets the conditions for any such payment under the terms and conditions of the Agreement.
NOW, THEREOFRE, the parties hereto, intending to be legally bound hereby, agree as follows:
1. The following Paragraph [ ] is hereby added to the Agreement:
28. Compliance With IRS Notice 2010-80. Notwithstanding anything in the Agreement to the contrary, in the event of Employees termination of employment under circumstances that may entitle Employee to payment by the Company of post-termination continuation of compensation subject to Employees delivery of a waiver of claims against the Company (the Release), and the period during which Employee may return the Release, plus any period after Employee returns the Release during which Employee may revoke the Release, begins in one taxable year and ends in a second taxable year, no payment of post-termination compensation shall commence until the second taxable year.
2. Except as modified hereby, the Agreement shall continue unmodified and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed and delivered this Amendment as of the date first-above written.
COMCAST CORPORATION | ||
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EMPLOYEE: | ||
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