The Hartford 2008 Annual Report Download - page 746

“Board of Directors” means the Board of Directors of Hartford Fire Insurance Company or of any successor, by merger,
purchase or otherwise.
“Break in Service” shall mean the 12 consecutive month period commencing on the Severance from Service date during
which an Employee does not have any Hours Worked. Severance from Service shall mean the earlier of (a) the date on
which an Eligible Employee quits, retires, is discharged or dies; or (b) the first anniversary of the first date of a period in
which he or she remains absent from Service (with or without pay) for any reason other than quit, retirement, discharge or
death, such as vacation, holiday, sickness, disability, leave of absence or layoff. If Service is interrupted for maternity or
paternity reasons addressed in the definition of Service, then the date of Severance from Service shall be the earlier of (a) the
date he or she quits, is discharged, retires or dies, or (b) the second anniversary of the date on which he or she is first absent
from Service, as provided in such Service definition.
“Code” means the Internal Revenue Code of 1986, as amended from time to time. References to any section of the Code
shall include any successor provision thereto.
“Company” means The Hartford and Hartford Fire, as constituted on the Distribution Date, or any successor, by merger,
purchase or otherwise with respect to their Eligible Employees, any Participating Division with respect to its Eligible
Employees and any Participating Corporation with respect to its Eligible Employees.
“Company Contributions” means Matching Company Contributions and Floor Company Contributions made under
Article Five, Matching Company Contributions made before 1990 under the Pre-Distribution ITT Plan, and Planco Profit
Sharing Contributions. Prior to January 1, 2006, no Company Contributions shall be made with respect to Employees of
Planco Financial Services, Inc.
“Company Contribution Account” means that portion of the Trust Fund which, with respect to any Member or Deferred
Member, is attributable to (A) Matching Company Contributions made under Article Five, (B) Floor Company
Contributions made under Article Five, (C) Matching Company Contributions made for periods before 1990 under the
Pre-Distribution ITT Plan, (D) any contributions and investment earnings thereon made on his or her behalf and transferred
to the Trust Fund pursuant to a Prior Plan Transfer, (E) Planco Profit Sharing Plan Contributions, and (F) any investment
earnings and gains or losses on any of the aforementioned amounts.
“Compensation” means total wages and other compensation paid to or for the Member as reported on the Member’s Form
W-2, Wage and Tax Statement, plus elective contributions under Code Sections 401(k), 414(v), 132(f)(4) and 125, provided
that for purposes of Section 6.3, Compensation means Compensation as defined in Code Section 415(c)(3), including
elective contributions under Code Sections 401(k), 414(v), 132(f)(4) and 125.
In addition to other applicable limitations set forth in the Plan, and notwithstanding any other provision of the Plan to the
contrary, the annual compensation of each Member taken into account under the Plan shall not exceed the OBRA ‘93 annual
compensation limit, such compensation to be measured for each individual from the beginning of each calendar year,
regardless of whether such individual has become a Member pursuant to Article Three or elects to contribute Savings under
Article Four. The OBRA ‘93 annual compensation limit is $200,000 beginning January 1, 2003, as adjusted by the Secretary
of the Treasury to reflect cost-of-living adjustments in accordance with Code Section 401(a)(17)(B). The cost-of-living
adjustment in effect for a calendar year applies to any period, not exceeding 12 months, over which compensation is
determined beginning in such calendar year.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009