Amendment No. 2 to Employment Agreement between Comcast Corporation and Brian L. Roberts

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between Comcast Corporation and Brian L. Roberts, originally signed in 2005 and previously amended in 2009. The main change is the addition of a $3,000,000 compensation amount for the year 2010. All other terms of the original agreement remain unchanged and in effect.

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EX-10.23 8 dex1023.htm AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT BETWEEN COMCAST CORP & BRIAN L. ROBERTS Amendment No. 2 to Employment Agreement between Comcast Corp & Brian L. Roberts

Exhibit 10.23

AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT

This AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT is entered into on the 31st day of December, 2009, is between COMCAST CORPORATION, a Pennsylvania corporation (together with its subsidiaries, the “Company”), and BRIAN L. ROBERTS (“Employee”).

BACKGROUND

WHEREAS, the parties entered into an Employment Agreement dated as of January 1, 2005, as amended by Amendment to Employee Agreement dated as of February 13, 2009 (together, the “Agreement”), that sets forth the terms and conditions of Employee’s employment with the Company, and

WHEREAS, the parties desire to 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 5(b) of the Agreement is hereby amended to add the following year and amount thereto: “Year – 2010; Amount – $3,000,000.” 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 Second Amendment on the date first-above written.

 

COMCAST CORPORATION
By:   /s/ Arthur R. Block
EMPLOYEE:
/s/ Brian L. Roberts
Brian L. Roberts