The Hartford 2008 Annual Report Download - page 719

“Plan Administrator” shall have the meaning assigned by Article VII of the Plan.
“Potential Change of Control” means:
(A) A Person shall commence a tender offer, which if successfully consummated, would result in such Person being the
Beneficial Owner of at least 15% of the stock of The Hartford entitled to vote in the election of directors of The
Hartford;
(B) The Hartford enters into an agreement, the consummation of which would constitute a Change of Control;
(C) Solicitation of proxies for the election of directors of The Hartford by anyone other than The Hartford, which, if
such directors were elected, would result in the occurrence of a Change of Control as described in paragraph (E) of the
definition of Change of Control in this Plan; or
(D) Any other event shall occur which is deemed to be a Potential Change of Control by the Board of Directors, the
Committee, or any other appropriate committee of the Board of Directors in its sole discretion.
“The Hartford” means The Hartford Financial Services Group, Inc., or a successor by merger, purchase or otherwise.
“Valuation Date” means the close of business of the last business day of each month in an applicable calendar year, or such
other date as may be designated by the Plan Administrator.
ARTICLE III
PARTICIPATION
3.1 Election to Participate. A Key Employee of a Participating Company or a Director may participate in the Plan by filing
a properly completed election form (or such other authorization as the Plan Administrator may require) with the party and by
the date designated by the Plan Administrator. The election of a Key Employee or Director in accordance with this
Article III shall apply only to the Eligible Compensation as to which the election is made, and shall have the effect, to the
extent provided herein, of deferring the payment of such Eligible Compensation beyond the date that it might otherwise have
become payable to the Participant. Such election shall be irrevocable. If a Key Employee or Director elects to defer a
particular amount of Eligible Compensation under the Plan, and then terminates employment with all Participating
Companies or, in the case of a Director, terminates service on the Board of Directors, and such termination occurs before the
date such amount would have been payable to the Key Employee or Director in the absence of the election, then the election
shall be deemed null and void and without effect.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009