Common use of Tax-Qualified Defined Contribution Plans Clause in Contracts

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the TWC Savings Plan ("Time Warner Cable 401(k) Plan"). None of Comcast Subsidiary, any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable 401(k) Plan, except as may be provided in any other agreement between Time Warner Cable or any of its Affiliates, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), on the other. Comcast Transferred System Employees who were participants in the Time Warner Cable 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary or its Affiliates (the "Comcast 401(k) Plan") as of the Closing; provided, that any Comcast Transferred System Employee with less than 6 months of service with Time Warner Cable or any of its Affiliates immediately prior to Closing will only become a participant in the Comcast 401(k) Plan after completing 6 months of combined continuous service with Time Warner Cable or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cable). Comcast Subsidiary or its Affiliates shall cause the Comcast 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Native Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under any defined contribution plan sponsored or maintained by Transferor Parent or any of its Affiliates intended to qualify under Section 401(a) of the TWC Savings Plan Code and meeting the requirements of Section 401(k) of the Code (the "Time Warner Cable Transferor 401(k) Plan"). None of Comcast Subsidiary, Transferee Parent or any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable Transferor's 401(k) Plan, Plan except as may be provided in any other agreement between Time Warner Cable or any of its Affiliatesthe Comcast Group, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), the TWC Group on the other. Comcast Transferred System Native Employees who were participants in the Time Warner Cable Transferor 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary Transferee or its Affiliates (the "Comcast Transferee 401(k) Plan") as of the Closing; provided, provided that any Comcast Transferred System Native Employee with who was, immediately prior to the Closing Date, a TWC Native Employee or a TWC/Adelphia Employee and has completed less than 6 months of combined service with Time Warner Cable TWC or any of its Affiliates and Adelphia (if applicable) immediately prior to Closing will only become a participant in the any such plan maintained by Comcast 401(k) Plan or its Affiliates after completing 6 months of combined continuous service with Time Warner Cable Adelphia (if applicable), TWC or any of its Affiliates, and Comcast or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cablewithout duplication). Comcast Subsidiary or its Affiliates Transferee shall cause the Comcast Transferee 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Native Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable Transferor 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the TWC Savings Plan ("Time Warner Cable 401(k) Plan"). None of Comcast Subsidiary, any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable 401(k) Plan, except as may be provided in any other agreement between Time Warner Cable TWE or any of its Affiliates, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), on the other. Comcast Transferred System Employees who were participants in the Time Warner Cable 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary or its Affiliates (the "Comcast 401(k) Plan") as of the Closing; provided, provided that any Comcast Transferred System Employee with less than 6 months of service with Time Warner Cable TWE or any of its Affiliates immediately prior to Closing will only become a participant in the Comcast 401(k) Plan after completing 6 months of combined continuous service with Time Warner Cable TWE or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner CableTWE). Comcast Subsidiary or its Affiliates shall cause the Comcast 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Native Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under any defined contribution plan sponsored or maintained by Transferor Parent or any of its Affiliates intended to qualify under Section 401(a) of the TWC Savings Plan Code and meeting the requirements of Section 401(k) of the Code ("Time Warner Cable the “Transferor 401(k) Plan"”). None of Comcast Subsidiary, Transferee Parent or any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable Transferor’s 401(k) Plan, Plan except as may be provided in any other agreement between Time Warner Cable or any of its Affiliatesthe Comcast Group, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), the TWC Group on the other. Comcast Transferred System Native Employees who were participants in the Time Warner Cable Transferor 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary Transferee or its Affiliates (the "Comcast “Transferee 401(k) Plan"”) as of the Closing; provided, provided that any Comcast Transferred System Native Employee with who was, immediately prior to the Closing Date, a TWC Native Employee or a TWC/Adelphia Employee and has completed less than 6 months of combined service with Time Warner Cable TWC or any of its Affiliates and Adelphia (if applicable) immediately prior to Closing will only become a participant in the any such plan maintained by Comcast 401(k) Plan or its Affiliates after completing 6 months of combined continuous service with Time Warner Cable Adelphia (if applicable), TWC or any of its Affiliates, and Comcast or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cablewithout duplication). Comcast Subsidiary or its Affiliates Transferee shall cause the Comcast Transferee 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Native Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable Transferor 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the TWC Savings Plan ("“Time Warner Cable 401(k) Plan"”). None of Comcast Subsidiary, any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable 401(k) Plan, except as may be provided in any other agreement between Time Warner Cable or any of its Affiliates, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), on the other. Comcast Transferred System Employees who were participants in the Time Warner Cable 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary or its Affiliates (the "“Comcast 401(k) Plan"”) as of the Closing; provided, that any Comcast Transferred System Employee with less than 6 months of service with Time Warner Cable or any of its Affiliates immediately prior to Closing will only become a participant in the Comcast 401(k) Plan after completing 6 months of combined continuous service with Time Warner Cable or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cable). Comcast Subsidiary or its Affiliates shall cause the Comcast 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the TWC Savings Plan ("“Time Warner Cable 401(k) Plan"”). None of Comcast Subsidiary, any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable 401(k) Plan, except as may be provided in any other agreement between Time Warner Cable or any of its Affiliates, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), on the other. Comcast Transferred System Employees who were participants in the Time Warner Cable 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary or its Affiliates (the "“Comcast 401(k) Plan"”) as of the Closing; provided, provided that any Comcast Transferred System Employee with less than 6 months of service with Time Warner Cable or any of its Affiliates immediately prior to Closing will only become a participant in the Comcast 401(k) Plan after completing 6 months of combined continuous service with Time Warner Cable or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cable). Comcast Subsidiary or its Affiliates shall cause the Comcast 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Native Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under any defined contribution plan sponsored or maintained by Transferor Parent or any of its Affiliates intended to qualify under Section 401(a) of the TWC Savings Plan Code and meeting the requirements of Section 401(k) of the Code ("Time Warner Cable the “Transferor 401(k) Plan"”). None of Comcast Subsidiary, Transferee Parent or any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable Transferor’s 401(k) Plan, Plan except as may be provided in any other agreement between Time Warner Cable or any of its Affiliatesthe Comcast Group, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco)the TWC Group, on the other. Comcast Transferred System Native Employees who were participants in the Time Warner Cable Transferor 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary Transferee or its Affiliates (the "Comcast “Transferee 401(k) Plan"”) as of the Closing; provided, provided that any Comcast Transferred System Native Employee with who was, immediately prior to the Closing Date, a TWC Native Employee or a TWC/Adelphia Employee and has completed less than 6 months of combined service with Time Warner Cable TWC or any of its Affiliates and Adelphia (if applicable) immediately prior to Closing will only become a participant in the any such plan maintained by Comcast 401(k) Plan or its Affiliates after completing 6 months of combined continuous service with Time Warner Cable Adelphia (if applicable), TWC or any of its Affiliates, and Comcast or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cablewithout duplication). Comcast Subsidiary or its Affiliates Transferee Parent shall cause the Comcast Transferee 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Native Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable Transferor 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the TWC Savings Plan ("“Time Warner Cable 401(k) Plan"”). None of Comcast Subsidiary, any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable 401(k) Plan, except as may be provided in any other agreement between Time Warner Cable TWE or any of its Affiliates, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), on the other. Comcast Transferred System Employees who were participants in the Time Warner Cable 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary or its Affiliates (the "“Comcast 401(k) Plan"”) as of the Closing; provided, provided that any Comcast Transferred System Employee with less than 6 months of service with Time Warner Cable TWE or any of its Affiliates immediately prior to Closing will only become a participant in the Comcast 401(k) Plan after completing 6 months of combined continuous service with Time Warner Cable TWE or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner CableTWE). Comcast Subsidiary or its Affiliates shall cause the Comcast 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable 401(k) Plan.

Tax-Qualified Defined Contribution Plans. As of and following the Closing, Transferred System Employees shall not be entitled to make contributions to or to benefit from matching or other contributions under the TWC Savings Plan ("Time Warner Cable 401(k) Plan"). None of Comcast Subsidiary, any of its Affiliates or Holdco shall have any Liability with respect to the Time Warner Cable 401(k) Plan, except as may be provided in any other agreement between Time Warner Cable or any of its Affiliates, on the one hand, and Comcast Subsidiary or any of its Affiliates (other than Holdco), on the other. Comcast Transferred System Employees who were participants in the Time Warner Cable 401(k) Plan immediately prior to the Closing shall become participants in a defined contribution pension plan qualified under Section 401(a) of the Code and meeting the requirements of Section 401(k) of the Code established or maintained by Comcast Subsidiary or its Affiliates (the "Comcast 401(k) Plan") as of the Closing; provided, provided that any Comcast Transferred System Employee with less than 6 months of service with Time Warner Cable or any of its Affiliates immediately prior to Closing will only become a participant in the Comcast 401(k) Plan after completing 6 months of combined continuous service with Time Warner Cable or any of its Affiliates (other than Holdco) and Holdco or any of its Affiliates (other than Time Warner Cable). Comcast Subsidiary or its Affiliates shall cause the Comcast 401(k) Plan to accept cash eligible rollover distributions (as defined in Section 402(c)(4) of the Code) by Comcast Transferred System Employees with respect to account balances distributed to them on or after the Closing Date by the Time Warner Cable 401(k) Plan.