The Hartford 2014 Annual Report Download - page 275

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.
An offer for a Comparable Position includes one that is contingent upon satisfaction of ordinary and customary requirements of
the prospective employer, including, but not limited to, establishing work authorization under applicable immigration laws,
satisfying drug-testing and background investigation standards, and executing employment agreements that include restrictive
covenants and arbitration provisions.
If you continue employment with the Company or are hired on or immediately following the Effective Date by the acquirer,
vendor or the divested unit, then severance payments and a pro-rata annual bonus will not be provided under this Plan. If you
are hired after the Effective Date by the acquirer, vendor or the divested unit, then any severance payment or pro-rata annual
bonus will be made only so long as your employment is not related to or in support of the sold, divested or outsourced business
or operations.
The provisions of this Section shall apply to all sales, divestitures and outsourcings (whether accomplished as sales of assets,
sales of corporate entities, service agreements or any other method), unless such sale, divestiture or outsourcing qualifies as a
Change of Control as defined in Section 11 hereof, in which event the provisions of Section 11 shall apply.
(B) If the entire Company or the portion of the Company where you are employed is closed or relocated and you are not
offered a Comparable Position by the Company, then you are eligible to receive severance pay under Section 5 (provided that
you are not otherwise ineligible for severance pay for any of the reasons described in Section 4 of this Plan). You will not
receive severance pay or a pro-rata annual bonus if you are offered a Comparable Position with the Company or if you accept a
non-comparable position with the Company.
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