The Hartford 2014 Annual Report Download - page 258

7. Notice or Pay in Lieu of Notice
Except as provided in this Plan, you shall not be entitled to any notice of termination or pay in lieu thereof. At the sole
discretion of the Company, notice may be provided.
8. Payment of Severance Pay and Pro-Rata Annual Bonus
Any severance pay provided to you under this Plan shall be paid in a lump sum. Severance pay shall be paid within 60 days of
the Effective Date.
Any pro-rata annual bonus payable in accordance with Section 6 shall be paid no later than the same time as similar awards are
paid to other executives participating in the plans or programs under which the awards are paid, but in no event later than
March 15 of the calendar year following the calendar year in which the Effective Date occurs, provided that, if you would have
been a “covered employee” as defined in Section 162(m) of the Internal Revenue Code (the “Code”) for the calendar year in
which the Effective Date occurs but for the termination of your employment, the pro-rata annual bonus shall be payable to you
only if, when, and to the extent that the Compensation and Management Development Committee of the Board of Directors of
The Hartford Financial Services Group, Inc., certifies that the performance goals applicable to the annual bonus, as
preestablished by such Committee in accordance with Section 162(m) of the Code, have been attained.
As provided in Section 4(2), prior to a Change of Control as defined in Section 11, any severance pay or pro rata annual bonus
that would otherwise be payable in accordance with Section 5 or 6 shall not be payable under the Plan to an employee who is
under investigation for any such misconduct at the time payment would otherwise be due.
In the event of your death after the Effective Date but prior to your receipt of severance pay, the payment that would otherwise
have been due to you shall be paid within 30 days of your death, subject to applicable law, to your spouse, if any, or if you are
not married, to your estate.
9. Employee Benefit Plan Coverage While Receiving Severance Pay
Except as may otherwise be specifically provided by the applicable employee benefit plan, as it may be amended from time to
time, severance pay and a pro-rata annual bonus and any other payment made by the Company after the Effective Date shall
not be taken into account for any purpose under any employee benefit plan of the Company, including but not limited to The
Hartford Investment and Savings Plan, The Hartford Excess Savings Plan, The Hartford Retirement Plan for U.S. Employees
and The Hartford Excess Pension Plan II.
If you receive severance pay under Section 5, then, provided that the following provision is not deemed discriminatory under
applicable law, until the end of the month in which the one-year anniversary of the Effective Date occurs, the Company will
reimburse you
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