The Hartford 2008 Annual Report Download - page 744

ARTICLE TWO
DEFINITIONS
“Accounts” means, with respect to any Member or Deferred Member, his or her Basic Investment Account, Supplemental
Investment Account, Catch-Up Contributions Account, Company Contribution Account, Rollover Account, Planco Profit
Sharing Contributions Account and ESOP Account.
“Actual Contribution Percentage” means, effective January 1, 2006, the average of the ratios, calculated separately for
each applicable Employee, of (A) the sum of the After-Tax Savings, Matching Company Contributions, and Planco Profit
Sharing Contributions (if applicable) made for the current Plan Year to (B) the Employee’s Compensation for that Plan
Year. Effective November 29, 2001 through December 31, 2005, “Actual Contribution Percentage” means the average of
the ratios, calculated separately for each applicable Employee, of (A) the sum of the After-Tax Savings other than ESOP
Contributions and the Matching Company Contributions other than ESOP Contributions, made for a Plan Year to (B) the
Employee’s Compensation for the Plan Year or portion of the Plan Year that the Plan includes the ESOP. Each such Actual
Contribution Percentage shall be computed to the nearest one-hundredth of one percent of the Employee’s Compensation.
Notwithstanding the above, the Plan Administrator may elect, on and after January 1, 2006, to permissively disaggregate the
ESOP and non-ESOP portions of the Plan for purposes of determining Actual Contribution Percentages.
“Actual Deferral Percentage” means, the average of the ratios, calculated separately for each applicable Employee, of
(A) the amount of Before-Tax and Roth 401(k) Savings made on the Employee’s behalf for the current Plan Year to (B) the
Employee’s Compensation for that Plan Year. Before-Tax Catch-Up Savings and Roth 401(k) Catch-Up Savings shall be
included in determining the Actual Deferral Percentage to the extent that the Before-Tax and Roth 401(k) Savings are less
than the limitation under Code Section 402(g). Each such Actual Deferral Percentage shall be computed to the nearest
one-hundredth of one percent of the Employee’s Compensation. Notwithstanding the above, the Plan Administrator may
elect, on and after January 1, 2006, to permissively disaggregate the ESOP and non-ESOP portions of the Plan for purposes
of determining Actual Deferral Percentages.
“After-Tax Savings” means savings made by a Member under Section 4.3, and includes both Basic After-Tax Savings and
Supplemental After-Tax Savings.
“Basic After-Tax Investment Account” means that portion of the Trust Fund which, with respect to any Member or
Deferred Member, is attributable to Basic After-Tax Savings and any investment earnings and gains or losses thereon.
“Basic After-Tax Savings” means the contributions made by a Member which are credited to his or her Basic After-Tax
Investment Account in accordance with Section 4.3(B)(i).
“Basic Before-Tax Investment Account” means that portion of the Trust Fund which, with respect to any Member or
Deferred Member, is attributable to Basic Before-Tax Savings and any investment earnings and gains or losses thereon.
- 3 -
Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009