Amendment No. 1 to Employment Agreement between Comcast Corporation and Michael J. Cavanagh
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Summary
Comcast Corporation and Michael J. Cavanagh have agreed to amend their existing employment agreement, originally dated December 21, 2018. This amendment, effective December 16, 2019, removes subparagraph 3(d)(ii) from the original agreement. All other terms of the employment agreement remain unchanged and in effect.
EX-10.29 10 ex1029-12312019.htm EXHIBIT 10.29 Exhibit
Exhibit 10.29
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
This AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (“Amendment No. 1”) is entered as of the 16th day of December, 2019, between COMCAST CORPORATION, a Pennsylvania corporation (together with its subsidiaries, the “Company”), and MICHAEL J. CAVANAGH (“Employee”).
BACKGROUND
The Company and Employee entered into an Employment Agreement (the “Agreement”) dated as of December 21, 2018, and desire to further amend the Agreement as provided herein.
AGREEMENT
Intending to be legally bound hereby, the Company and Employee agree as follows:
1. | Subparagraph 3(d)(ii) of the Agreement is hereby deleted in its entirety. |
2. | Other than as amended hereby, the Agreement remains 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/ Thomas J. Reid
EMPLOYEE:
/s/ Michael J. Cavanagh
Michael J. Cavanagh