The Hartford 2008 Annual Report Download - page 749

“Employee” shall mean any person regularly employed by the Company but shall not include any person who performs
services for the Company as an independent contractor or under any other non-employee classification, or who is classified
by the Company as, or determined by the Company to be, an independent contractor.
“Enrollment Date” means the first day of any payroll period that begins on or after the date an Eligible Employee satisfies
the membership requirements set forth in Article Three.
“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time.
“ESOP” means the portion of the Plan that consists of assets invested in The Hartford Stock in The Hartford Stock Fund at
any time on and after November 29, 2001.
“ESOP Account” means that portion of the Trust Fund which, with respect to any Member or Deferred Member, is
attributable to allocations made under the employee stock ownership plan portion of the Pre-Distribution ITT Plan.
“ESOP Actual Contribution Percentage” means, for Plan Years prior to 2006, the average of the ratios, calculated
separately for each applicable Employee, of (A) the sum of the After-Tax Savings that are ESOP Contributions and the
Matching Company Contributions that are ESOP Contributions, made for a Plan Year to (B) the Employee’s Compensation
for the Plan Year or portion of the Plan Year that the Plan includes the ESOP. Each such ESOP Actual Contribution
Percentage shall be computed to the nearest one-hundredth of one percent of the Employee’s Compensation. Effective
December 31, 2001, this test is performed using the current year testing method.
“ESOP Actual Deferral Percentage” means, for Plan Years prior to 2006, the average of the ratios, calculated separately
for each applicable Employee, of (A) the amounts of Before-Tax Savings that are ESOP Contributions made on the
Employee’s behalf for a Plan Year to (B) the Employee’s Compensation for the Plan Year or portion of the Plan Year that
the Plan includes the ESOP. Each such ESOP Actual Deferral Percentage shall be computed to the nearest one-hundredth of
one percent of the Employee’s Compensation. Effective December 31, 2001, this test is performed using the current year
testing method.
“ESOP Contribution” means a contribution or contributions to the Plan made on or after November 29, 2001, with respect
to the Member’s Before-Tax Savings, After-Tax Savings, Roth 401(k) Savings or Catch-Up Savings, or Company
Contributions made as Matching Company Contributions or Floor Company Contributions, that are made in The Hartford
Stock or made in cash and immediately invested in The Hartford Stock in The Hartford Stock Fund.
“Floor Company Contribution” means a contribution made on or after the Distribution Date pursuant to Section 5.2. Prior
to January 1, 2006, no Floor Company Contributions shall be made with respect to Employees of Planco Financial Services,
Inc.
“Hardship Committee” means the Hardship Committee established hereunder for the purposes set forth in Article Sixteen.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009