Comcast Corporation Long-Term Incentive Restricted Stock Unit Award Summary Schedule
This agreement outlines the terms for a grant of Restricted Stock Units (RSUs) by Comcast Corporation to an employee or grantee. The RSUs represent a right to receive shares of Comcast Class A Common Stock, subject to vesting over several years based on the achievement of specific performance goals. If certain performance goals are not met by specified dates, unvested RSUs may be forfeited. The schedule details the number of RSUs granted, vesting dates, and conditions for vesting or forfeiture.
Exhibit 10.43
FORM OF LONG-TERM INCENTIVE AWARDS SUMMARY SCHEDULE
This Long-Term Incentive Awards Summary Schedule (this Schedule) provides certain information related to Restricted Stock Units you were granted by Comcast Corporation on [ , 20 ] (the Date of Grant). This Schedule is intended to be, and shall at all times be interpreted as, a part of your Comcast Corporation Restricted Stock Unit Award document.
Restricted Stock Unit Award
Grantee: | [ ] | |
Date of Grant: | [ ], [Year 1] | |
Common Stock: | Comcast Corporation Class A Common Stock | |
Number of Restricted Stock Units Granted: | [ ] | |
[Year 1] RSUs | [ ] of the Restricted Stock Units. | |
[[Year 2] RSUs] | [[ ] of the Restricted Stock Units, plus any [Year 1] RSUs that fail to vest on or before [ , 20 ].] | |
[[Year 3] RSUs] | [[ ] of the Restricted Stock Units, plus any [Year 1] and [Year 2] RSUs that fail to vest on or before [ , 20 ].] | |
[[Year 4] RSUs] | [[ ] of the Restricted Stock Units, plus any [Year 1], [Year 2] and [Year 3] RSUs that fail to vest on or before [ , 20 ].] | |
[[Year 5] RSUs] | [[ ] of the Restricted Stock Units, plus any [Year 1], [Year 2], [Year 3] and [Year 4] RSUs that fail to vest on or before [ , 20 ].] | |
Vesting Dates of Restricted Stock Units: | (1) [Year 1] RSUs
As to the [Year 1] RSUs, [ , 20 ], provided that the First Performance Goal is satisfied[;][.]
[(2) [Year 2] RSUs
As to the [Year 2] RSUs, [ , 20 ], provided that the First or Second Performance Goal is satisfied;
(3) [Year 3] RSUs
As to the [Year 3] RSUs, [ , 20 ], provided that the First, Second or Third Performance Goal is satisfied;
(4) [Year 4] RSUs
As to the [Year 4] RSUs, [ , 20 ], provided that the First, Second, Third or Fourth Performance Goal is satisfied;
(5) [Year 5] RSUs
As to the [Year 5] RSUs, [ , 20 ], provided that the First, Second, Third, Fourth or Fifth Performance Goal is satisfied.] | |
[Notwithstanding anything herein to the contrary, to the extent a Vesting Date for any [Year 5] RSUs has not occurred on or prior to [ , 20 ], such [Year 5] RSUs which have not vested and become nonforfeitable shall immediately and automatically, without any action on the part of the Grantee or the Company, be forfeited by the Grantee and deemed canceled.] |