The Hartford 2012 Annual Report Download - page 310

ARTICLE II
DEFINITIONS
The following terms when capitalized herein shall have the meanings assigned below.
“Accounts” means, collectively, a Participant's Participant Contribution Account, Excess Matching Company Contribution Account,
and Excess Non-Elective Company Contribution Account.
“Act” means the Securities Exchange Act of 1934, as amended from time to time.
“Beneficiary” means, unless a Participant elects otherwise, the individual(s) designated to receive benefits under the Qualified Plan
after the death of a Member (if any). A Participant may designate a different Beneficiary for the Plan, and may change that Beneficiary
election at any time, subject to a spouse’s written, notarized consent if married. Unless a later date is specified, a new beneficiary
designation is effective on the first day of the first month that falls on or follows the date the completed beneficiary form is received by
the Plan Administrator (or its delegate). A Participant may also name an estate or a trust as Beneficiary. If (A) no Beneficiary 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 spouse, if any, or, if no
surviving spouse, his or her estate as soon as practicable following the date of his or her death.
“Change of Control” has the meaning assigned by the Incentive Stock Plan as in effect on January 1, 2009.
“Code” means the Internal Revenue Code of 1986, as amended from time to time.
“Company” means Hartford Fire.
“Effective Date” means December 19, 1995.
“Eligible Compensation” means, on or after January 1, 2013, compensation recognized under the Qualified Plan without regard to the
Statutory Compensation Limit, but excluding annual bonuses that are not “performance-based” as defined under Section 409A of the
Code and the regulations and guidance promulgated thereunder. Effective as of January 1, 2013, “Eligible Compensation” shall not
include compensation in excess of one million dollars ($1,000,000). Prior to January 1, 2013, “Eligible Compensation” shall not be
subject to the $1 million ($1,000,000) limit and shall have the meaning assigned by the Qualified Plan, except that (A) any reduction in
compensation required under the Qualified Plan due to the application of Code Section 401(a)(17) shall be disregarded, and (B) any
reduction required under the Qualified Plan due to an election to make Participant Contributions under this Plan shall be disregarded.
“Eligible Member” means a Member who is eligible to participate in the Plan as provided in Article III hereof.
“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time.