Amendment No. 3 to Employment Agreement between Comcast Corporation and David L. Cohen

Summary

This amendment updates the employment agreement between Comcast Corporation and David L. Cohen. It extends the term of Cohen's employment to December 31, 2011, and specifies his compensation for 2011 as $1,000,000. All other terms of the original agreement remain unchanged.

EX-10.20 5 dex1020.htm AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT BETWEEN COMCAST CORP & DAVID L. COHEN Amendment No. 3 to Employment Agreement between Comcast Corp & David L. Cohen

Exhibit 10.20

AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT

This AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT is entered into as of the 31st day of December, 2010, is between COMCAST CORPORATION, a Pennsylvania corporation (together with its subsidiaries, the “Company”), and DAVID L. COHEN (“Employee”).

BACKGROUND

WHEREAS, the parties entered into an Employment Agreement dated as of January 1, 2005, as amended (the “Agreement”), that sets forth the terms and conditions of Employee’s employment with the Company, and

WHEREAS, the parties desire to further amend the Agreement on the terms and conditions contained herein.

NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, agree as follows:

1. Subparagraph 2(ii) of the Agreement is hereby deleted and replaced in its entirety by the following: “(ii) December 31, 2011.”

2. Subparagraph 5(b) of the Agreement is hereby amended to add the following year and amount thereto: “Year – 2011; Amount - $1,000,000.”

3. 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 No. 3 as of the date first-above written.

 

COMCAST CORPORATION
By:  

      /s/ Arthur R. Block

EMPLOYEE

             /s/ David L. Cohen

David L. Cohen