Amendment No. 1 to Employment Agreement between Comcast Corporation and Arthur R. Block

Contract Categories: Human Resources › Employment Agreements
Summary

Comcast Corporation and Arthur R. Block have agreed to amend their existing employment agreement, originally dated December 16, 2009. This amendment specifies that certain payments due upon termination will now continue for an additional three months, paid according to Comcast's regular payroll schedule. All other terms of the original agreement remain unchanged and in effect.

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EX-10.38 9 dex1038.htm AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT - ARTHUR R. BLOCK Amendment No. 1 to Employment Agreement - Arthur R. Block

Exhibit 10.38

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT

This AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT is entered into as of the 26th day of January, 2010, between COMCAST CORPORATION, a Pennsylvania corporation (together with its subsidiaries, the “Company”), and ARTHUR R. BLOCK (“Employee”).

BACKGROUND

The Company and Employee entered into an Employment Agreement (the “Agreement”) as of December 16, 2009 (the “Effective Date”), and desire to amend the Agreement as provided herein.

AGREEMENT

Intending to be legally bound hereby, the Company and Employee agree as follows:

 

  1. Subparagraph 7(a) of the Agreement is hereby amended to add the words “and for a period of three (3) months thereafter (payable in accordance with the Company’s regular payroll practices)” following the words “date of termination” in the third line thereof.

 

  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 No. 1 as of the date first above written.

 

COMCAST CORPORATION
By:   /S/    DAVID L. COHEN        
 

 

EMPLOYEE:
/S/    ARTHUR R. BLOCK        
Arthur R. Block