The Hartford 2008 Annual Report Download - page 759

3.5 Pre-Distribution ITT Plan Participants: Continuity of Membership, Service and Incidents of Participation. Each
person who was a “Member” or “Deferred Member” under the Pre-Distribution ITT Plan on the day before the Distribution
Date, and whose Accounts were transferred to this Plan, shall be a Member or Deferred Member under this Plan as of the
Distribution Date. The Service of such Members or Deferred Members while employed by Pre-Distribution ITT before the
Distribution Date shall be treated as service with Hartford Fire under this Plan, except as specifically provided to the
contrary in this Plan. All incidents of participation with respect to such Members or Deferred Members under the
Pre-Distribution ITT Plan for periods before the Distribution Date, including any elections or designations in effect on the
day before the Distribution Date, shall be taken into account for purposes of this Plan, except as specifically provided herein
to the contrary.
3.6 Rehired Members.
(A) Rehired Members Who Make Proper Enrollment Elections. Any rehired Eligible Employee who at the time of
Termination of Employment was a Member of this Plan or of the Pre-Distribution ITT Plan will again become a
Member as of the first available payroll cycle following the date of such Eligible Employee’s rehire (the
“Re-Enrollment Date”), provided that the Eligible Employee makes a proper enrollment election under this
Article Three.
(B) Rehired Members Who Do Not Make Proper Enrollment Elections . In the case of a rehired Eligible Employee
who was a Member at the time of Termination of Employment, and who does not make a proper enrollment election
with respect to the Re-Enrollment Date, such Eligible Employee shall automatically become a Member as of the first
available payroll cycle following the Re-Enrollment Date (or as soon as practicable thereafter). Such a Member shall be
entitled to Floor Company Contributions under the Plan as of such date, and shall be deemed to have made elections to:
(i) designate a zero rate of After-Tax Savings, (ii) designate a zero rate of Before-Tax Savings and Before-Tax
Catch-Up Savings, (iii) designate a zero rate of Roth 401(k) Savings and Roth 401(k) Catch-Up Savings and
(iv) designate his or her Spouse as Beneficiary hereunder if such Member is married, and if not married, to designate
his or her estate as Beneficiary hereunder. Such an Eligible Employee may change such deemed elections as permitted
by the Plan.
3.7Transfers between the Company and Associated Companies . Effective January 1, 2004, if an employee is transferred
from employment with an Associated Company to employment with the Company, for purposes of eligibility to become a
Member and receive Matching Company Contributions and Floor Company Contributions, and for purposes of vesting, his
or her service with the Associated Company shall be taken into consideration as “Service” under this Plan. For purposes of
this Section, “Associated Company” shall mean any division, subsidiary or affiliated company of the Company not
participating in this Plan as a Participating Corporation or a Participating Division which is (a) a component member of a
controlled group of corporations (as defined in Section 414(b) of the Code) which includes the Company, (b) any trade or
business (whether or not incorporated) which is under common control (as defined in Section 414(c) of the Code) with the
Company, (c) any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in
Section 414(m) of the Code) which includes the Company or (d) any other entity required to be aggregated with the
Company pursuant to regulations under Code Section 414(o), during the period it is a division, subsidiary or affiliated
company of the Company or during such period as may otherwise be determined by the Board of Directors or the Pension
Administration Committee.
If an Eligible Employee is transferred from employment with the Company to employment with an Associated Company, he
will not have a Termination of Employment for purposes of this Plan until such time as he is employed neither by the
Company nor by an Associated Company. During any such period of employment, such employee will be credited with
Service. In no event, however, will such an employee be deemed eligible for contributions to the Plan during any such
period of employment.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009