The Hartford 2008 Annual Report Download - page 585

(c) Benefits Payable Upon Termination; Rules for Determining Reason for Termination.
(i) Benefits Payable Upon Termination.
(A) Following the end of the Employment Period, Executive (or, in the event of his/her death, his/her
surviving spouse, if any, or if none, his/her estate) shall be paid the type or types of compensation determined
to be payable in accordance with the following table, such payment to be made in the form specified in such
table and at the time established pursuant to Section 7 hereof. Capitalized terms used in such table (and
otherwise in this Section 6) that are defined in Section 5, and not specifically defined in Section 6(d) hereof,
shall have the meanings ascribed thereto under Section 5. Where such a capitalized term is defined solely in
Section 6(d), or in both Section 5 and Section 6(d), such term shall have the meaning ascribed to it in
Section 6(d).
(B) The Company’s obligation to make the payments provided for in this Section 6 and otherwise to perform
its obligations under this Section 6 shall not be affected by any set-off, counterclaim, recoupment, defense or
other claim, right or action which the Company may have against Executive or others. In no event shall
Executive be obligated to seek other employment or take any other action by way of mitigation of the
amounts payable to Executive under any of the provisions of this Section 6 and such amounts shall not be
reduced whether or not Executive obtains other employment.
(ii) Rules for Determining Reason for Termination.
(A) No Termination Without Cause or Termination For Good Reason shall be treated as a Termination Due
to Retirement or a Termination Due to Disability for purposes of any Pro Rata Target Bonus, Severance
Payment, Equity Awards or Vested Benefits Enhancement under this Section 6, notwithstanding the fact that,
either on, before or after the Date of Termination with respect thereto, (I) Executive was eligible for
Retirement as defined in the Savings Plan, (II) Executive requested to be treated as a retiree for purposes of
the Savings Plan or any other plan or program of the Company or its affiliates, or (III) Executive or the
Company could have terminated Executive’s employment in a Termination Due to Disability hereunder.
(B) No Termination Due to Retirement shall be treated as a Voluntary Termination for purposes of this
Section 6.
(C) Notwithstanding any provision in this Agreement to the contrary, in the event of a Change of Control as
described in clause (iii) or clause (iv) of the definition of the term Change of Control in Section 6(d) of this
Agreement, if the employment of Executive involuntarily terminates on or after the date of a shareholder
approval described in either of such clauses but before the date of a consummation described in either of such
clauses, the date of termination of Executive’s employment shall be deemed for purposes of this Agreement
to be the day following the date of the applicable consummation.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009