The Hartford 2014 Annual Report Download - page 259

for the cost of COBRA continuation coverage for you and your eligible dependents under the medical and dental benefit plans
of the Company or its affiliates in which you and such dependents were participating as of the Effective Date. The
reimbursement will be for the excess of the amount that you pay for such COBRA continuation coverage over the amount that
you would pay for such coverage if you were still in the employ of the Company; provided that the reimbursement will be paid
only so long as you otherwise continue to be eligible for such COBRA continuation coverage in accordance with the terms of
the Company’s medical and dental benefit plans and are not eligible for comparable coverage under the plan of a subsequent
employer. An initial reimbursement shall be made during the 10 calendar days following six months from the Effective Date for
payments made through that date; a second and final reimbursement, if necessary, shall be made within 10 days following the
one-year anniversary of the Effective Date for any additional reimbursement due; provided that for purposes of this sentence,
the Effective Date shall be deemed to occur at such time as you have also had a separation from service, as determined in
accordance with any 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 you receive severance pay under Section 5, you will also be entitled to outplacement services, provided by the Company or
its designee at the Company’s expense, for a period of 12 months or such lesser period as you may require such services; such
outplacement services to start within three months of the Effective Date.
10. Sale, Divestiture, Outsourcing, Closure or Relocation
(A) If the Company or a subsidiary, affiliate, division, department, business or function of the Company or a portion thereof at
which you are employed is sold, divested or outsourced in a transaction that does not qualify as a Change of Control under
Section 11 hereof, you are eligible to receive severance benefits under Section 5 and a pro-rata annual bonus in accordance
with Section 6 of this Plan provided that:
(1) you are a Covered Employee at the time of the transaction whose employment with the Company terminates as a result of
the transaction,
(2) you are not offered a Comparable Position with the Company, the acquirer, the vendor or the divested unit,
(3) you do not decline an interview or an invitation to apply for a Comparable Position or to determine the availability of a
Comparable Position with the Company, the acquirer, the vendor or the divested unit (except where the Plan Administrator
determines that business circumstances warrant otherwise),
(4) you do not accept a position with the Company, the acquirer, the vendor or the divested unit, and
(5) you are not otherwise ineligible for severance pay for any of the reasons described in Section 4 of this Plan.
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