The Hartford 2012 Annual Report Download - page 320

ARTICLE VI
DISTRIBUTIONS FROM PARTICIPANT ACCOUNTS
6.1 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.
6.2 Distribution Upon Termination of Employment. Within 90 days of the first day of the second month following the month in
which a Participant’s separation from service occurs, the Company shall distribute to the Participant a single lump sum cash payment
equal to the total amount credited to the Participant's Account. For purposes of the Plan, a Participant separates from service when the
Participant either stops working, or when the level of services provided – whether as an employee or as an independent contractor –
permanently decreases to no more than 20% of the average level of services provided during the prior 36 months. Separation from
service shall be determined in accordance with policies or practices that the Company shall adopt in accordance with, or as otherwise
determined pursuant to, Section 409A of the Code and the regulations and guidance promulgated thereunder.
If a Participant is a “specified employee” as determined under the practices and policies of the Company as established in accordance with
Section 409A of the Code, then distribution to the Participant shall be made in a single lump sum cash payment six months after the date
the Participant separates from service.
6.3 Distribution in the Event of Death. Notwithstanding anything herein to the contrary, in the event of a Participant's death, the
entire amount credited to the Participant's Account shall be distributed in a single lump sum cash payment within 90 days following the
date of death to the Beneficiary(ies), if any, properly designated by the Participant by the date and in the manner required by the Plan
Administrator.
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 Accounts shall be distributed to the Participant in a single lump sum cash payment in accordance with Section 409A of the
Code and the regulations and guidance promulgated thereunder.
6.5 Distribution Upon Occurrence of a Change of Control . 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, such payments to be made within 90 days
following the date of such Change of Control. For purposes of determining the value of the entire amount credited to a Participant's
Account under the preceding sentence, any amount in the Participant's Accounts that is allocated to the Hypothetical Investment Fund
corresponding to the