The Hartford 2008 Annual Report Download - page 725

6.4 Distribution in the Event of a Termination of the Plan . In the event of a termination of the Plan, the entire amount
credited to a Participant’s Account as of the Valuation Date coincident with or next succeeding such event shall be
distributed to the Participant in a single lump sum cash payment within 90 days after such Valuation Date, to the extent
consistent with Section 409A of the Code and the regulations and guidance promulgated thereunder.
6.5 Distribution to Fiduciary. If the Plan Administrator determines that any person to whom any amount is otherwise
distributable hereunder is unable to care for his or her affairs, such amount (unless a prior claim therefor shall have been
made by a duly appointed guardian, committee or other legal representative) may be distributed to any person determined by
the Plan Administrator to have fiduciary responsibility for such person otherwise entitled to such amount, in such manner
and proportions as the Plan Administrator may deem appropriate. Any such distribution shall constitute a complete
discharge of any obligation of the Company to such person under the Plan.
6.6 Distribution in the Event of Death or Disability. Notwithstanding anything herein to the contrary, in the event of a
Participant’s death or, to the extent consistent with Section 409A of the Code and the regulations and guidance promulgated
thereunder, the Participant’s disability, the entire amount credited to the Participant’s Account as of the Valuation Date
coincident with or next succeeding the date of the Participant’s death or disability shall be distributed in a single lump sum
cash payment within 90 days after such Valuation Date to the Participant in the event of disability or, in the event of the
Participant’s death, to one or more beneficiaries, if any, properly designated by the Participant by the date and in the manner
required by the Plan Administrator. If (A) no such designation is in effect at the time of the Participant’s death, (B) no
designated beneficiary survives the Participant, or (C) any beneficiary designation made by the Participant conflicts with
applicable law, such amount shall be paid to the Participant’s estate as soon as practicable after such Valuation Date.
6.7 Distribution upon the Occurrence of a Change of Control.
(A) Distribution of Accounts. Upon the occurrence of a Change of Control that also constitutes a “change in control”
as defined in the regulations promulgated under Section 409A of the Code, all Participants shall be paid single lump
sum cash payments equal to the entire amount credited to their respective Accounts as of the date of such occurrence,
such payments to be made immediately following, but in any event within 30 days of, the date of such Change of
Control.
(B) Death Prior to Receipt of Payment. In the event of the death of a Participant before receiving a payment required
by Section 6.7(A) hereof, such payment shall be made immediately following, but in any event within 90 days of, the
date of the occurrence of the Change of Control to the individual or entity who would receive have received payment
hereunder in the absence of a Change of Control.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009