Home » The Hartford Annual Reports » 2008 Annual Report - page 714

The Hartford 2008 Annual Report Download - page 714

Download and view the complete annual report

Please find page 714 of the 2008 The Hartford annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

(d) The Committee may permit deferrals of compensation pursuant to the Plan or any subplan hereof which meet the

requirements of Code Section 409A and the regulations thereunder. Additionally, to the extent any Award is subject to Code

Section 409A, notwithstanding any provision herein to the contrary, the Plan does not permit the acceleration of the time or

schedule of any distribution related to such Award, except as permitted by Code Section 409A and the regulations and

rulings promulgated thereunder.

(e) The Plan and the grant of Awards shall be subject to all applicable federal and state laws, rules, and regulations and

to such approvals by any government or regulatory agency as may be required. The Plan and each Award Document shall be

governed by the laws of the State of Delaware, excluding any conflicts or choice of law rule or principle that might

otherwise refer construction or interpretation of the Plan to the substantive law of another jurisdiction. Unless otherwise

provided in the Award Document, recipients of an Award under the Plan are deemed to submit to the exclusive jurisdiction

and venue of the federal or state courts of Connecticut to resolve any and all issues that may arise out of or relate to the Plan

or any related Award Document.

(f) The terms of the Plan shall be binding upon the Company and its successors and assigns.

(g) Captions preceding the sections hereof are inserted solely as a matter of convenience and in no way define or limit

the scope or intent of any provision hereof.

15. Effective Date, Term of Plan and Shareholder Approval

The effective date of the Plan shall be May 18, 2005. No Award shall be granted under this Plan after the Plan’s

termination date. The Plan’s termination date shall be the earlier of: (a) May 18, 2015, or (b) the date on which the

Maximum Limit (as defined in Section 3 of the Plan) is reached; provided, however, that the Plan will continue in effect for

existing Awards as long as any such Award is outstanding.

Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009