The Hartford 2008 Annual Report Download - page 584

“Voluntary Termination” means any voluntary termination of Executive’s Employment by Executive pursuant
to this Section 5, other than a Termination Due to Retirement or a Termination Due to Disability by Executive.
“Welfare Benefits Continuation” means that until the second anniversary of the date of termination of the
Employment Period, Executive and, if applicable, his/her dependents shall be entitled to continue participation in
the life and health insurance benefit plans of the Company or its affiliates in which Executive and/or such
dependents were participating as of the date of termination of the Employment Period, and such other welfare
benefit plans thereof in which the Company is required by law to permit the participation of Executive and/or
his/her dependents, (collectively, the “Welfare Benefit Plans”). Such participation shall be on the same terms and
conditions (including the requirement that Executive pay any premiums generally paid by an employee) as would
apply if Executive were still in the employ of the Company;provided that the continued participation of Executive
and/or his/her dependents in such Welfare Benefit Plans shall cease on such earlier date as Executive may become
eligible for comparable welfare benefits provided by a subsequent employer. To the extent that Welfare Benefits
Continuation cannot be provided under the terms of the applicable plan, policy or program, the Company shall
provide a comparable benefit under another plan or from the Company’s general assets.
6. Termination Following a Change of Control.
This Section 6 shall apply (instead of Section 5) during the period commencing upon a Change of Control and continuing
until the second anniversary thereof.
(a) Early Termination of the Employment Period. Notwithstanding Section 1(b) hereof, the Employment Period
shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary
Termination, (iv) a Termination For Good Reason, (v) a Termination Due to Retirement, (vi) a Termination Due to
Disability, or (vii) a Termination Due to Death.
(b) Notice of Termination. Communication of termination under this Section 6 shall be made to the other party by
Notice of Termination in the case of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary
Termination, or (iv) a Termination For Good Reason.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009