The Hartford 2014 Annual Report Download - page 282

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shall be construed in a manner that would result in the imposition of an additional tax on executives under Section 409A of the
Code.
16. Miscellaneous
(A) Arbitration. Any claim arising under or in connection with this Plan that, following exhaustion of the administrative
appeal process referenced in Section 14 hereof, has yet to be resolved in whole or in part, shall be resolved exclusively by
binding arbitration. Such arbitration shall be held in the city of Hartford, Connecticut, and shall be conducted in accordance
with the Employment Arbitration Rules then pending of the American Arbitration Association (“AAA”), and otherwise in
accordance with the principles that would be applied by a court of law or equity. The arbitrator shall be acceptable to both you
and the Company. If you and the Company cannot agree on an acceptable arbitrator, the claim shall be heard by a panel of
three arbitrators, with one each appointed by you and the Company and the third appointed by the other two arbitrators. The
award rendered by the arbitrator (or arbitrators) will be final and determinative as to any and all issues submitted for arbitration,
and a judgment may be entered on any award by any state or federal court having jurisdiction over the parties or their
respective property. You and the Company shall be jointly and equally responsible for all arbitration fees assessed by the AAA,
and you and the Company shall each be responsible for your respective attorney’s fees and related expenses; provided that,
should the claim relate to circumstances occurring on or after the date of a Change of Control, if the arbitrator (or arbitrators)
shall in the award determine one or more material issues in dispute in your favor, then the Company shall pay your share of any
expenses of the arbitration and your reasonable attorney’s fees and related expenses (or cause such fees and expenses to be
paid), upon presentation of proof of such fees and expenses in a form acceptable to the Company, and as to any reasonable fees
and related expenses that you have already paid, the Company shall add to the reimbursement payment an amount for simple
interest thereon from the date such expense was paid by you at the 90-day United States Treasury Bill rate as in effect from
time to time, compounded annually.
(B) Unfunded. Benefits under this Plan are paid for entirely by the Company from its general assets.
(C) Withholding. Any payments provided for herein shall be reduced by any amounts required to be withheld by the
Company from time to time under applicable Federal, State or local income or employment tax laws or similar statutes or other
provisions of law then in effect.
(D) Section Headings. The section headings contained in this Plan are included solely for convenience of reference and shall
not in any way affect the meaning of any provision of this Plan.
17. Other Important Information
(A) Notice
This Plan is not a contract of employment. It does not guarantee your employment for any specified period and does
not limit the right of the Company to terminate
II-35