The Hartford 2008 Annual Report Download - page 733

“Potential Change of Control” means:
A. A Person shall commence a tender offer, which if successfully consummated, would result in such Person being the
Beneficial Owner of at least 15% of the stock of The Hartford entitled to vote in the election of directors of The
Hartford;
B. The Hartford enters into an agreement, the consummation of which would constitute a Change of Control;
C. Solicitation of proxies for the election of directors of The Hartford by anyone other than The Hartford, which, if
such directors were elected, would result in the occurrence of a Change of Control as described in clause (E) of the
definition of “Change of Control” above; or
D. Any other event shall occur which is deemed to be a Potential Change of Control by the Board, the Committee, or
any other appropriate committee of the Board in its sole discretion.
“Share” means one share of common stock ($.01 par value) of The Hartford.
“The Hartford” means The Hartford Financial Services Group, Inc., and any successor by merger or purchase or otherwise.
“The Hartford Income Protection Plan” means The Hartford Income Protection Plan, as may be amended from time to
time, certain standards of which are to be applied to an Employee to the extent provided herein, regardless of whether such
Employee is covered under such Plan.
“The Hartford Investment and Savings Plan” means The Hartford Investment and Savings Plan, as may be amended
from time to time, certain standards of which are to be applied to an Employee to the extent provided herein, regardless of
whether such Employee is covered under such Plan.
“Transfer Agent” means the officially designated transfer agent of The Hartford.
ARTICLE III
ELIGIBILITY AND PARTICIPATION
3.1 Granting of Options to Employees
A. Granting of Options to Company Employees Only. To the extent permitted by the Plan, Options to purchase
Shares hereunder shall only be granted to Employees of the Company.
B. Designation of Additional Participating Corporations. Designations of additional corporations whose Employees
may be granted Options to purchase Shares to the extent permitted hereunder may be made from time to time by the
Committee from among the group of corporations which includes (i) The Hartford’s subsidiary corporations as of the
Effective Date of the Plan, and (ii) corporations that become parent or subsidiary corporations of The Hartford after the
Effective Date of the Plan.
C. Employee Rights and Privileges. All Employees granted Options under the Plan shall have the same rights and
privileges, except that the Committee may from time to time provide for differences in the rights and privileges of
Employees granted Options hereunder, so long as such differences do not jeopardize the qualification of the Plan under
Code Section 423 or violate other applicable law.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009