The Hartford 2008 Annual Report Download - page 766

ARTICLE FIVE
COMPANY CONTRIBUTIONS
5.1 Matching Company Contributions.
(A) Matching Company Contributions with respect to Basic Savings. Effective January 1, 2008, subject to the IRS
limits described in Article Six and any other Plan limits, the Company shall, with respect to each Member principally
employed by it who has completed at least six months of Service as an Eligible Employee, contribute to the Trust Fund
a Matching Company Contribution in an amount equal to 50% of such Member’s Basic Savings for each payroll
period. (No Matching Company Contributions shall be made with respect to a Member’s Supplemental Savings, a
Member’s Before-Tax Savings or a Member’s Roth 401(k) Savings that exceed the limits provided in Code Sections
402(g) and 415 or Section 4.1(A), 4.2(A) or 6.1 of the Plan.) Such Matching Company Contribution shall be credited to
such Member’s Company Contribution Account, and shall be invested as described in Article 8 hereof. No Matching
Company Contributions shall be made with respect to a Member’s Catch-Up Savings.
(B) No Matching Company Contributions Following Certain Withdrawals. Notwithstanding Section 5.1(A),
Matching Company Contributions shall not be made in respect of a Member’s Basic Savings during a suspension
period that follows a hardship withdrawal under Article Ten.
(C) No Matching Company Contributions for Planco Financial Services, Inc. Employees Before 2006.
Notwithstanding Section 5.1(A), Matching Company Contributions shall not be made prior to January 1, 2006 with
respect to a Member who is an Employee of Planco Financial Services, Inc.
5.2 Floor Company Contributions. Effective January 1, 2008, subject to the IRS limits described in Article Six and any
other Plan limits, the Company shall, with respect to each Eligible Employee principally employed by it who has completed
at least six months of Service as an Eligible Employee, contribute to the Trust Fund a Floor Company Contribution in an
amount equal to one-half of one percent (0.5%) of such Eligible Employee’s Salary for each payroll period, provided that,
for each payroll period commencing on or after January 1, 2004 with respect to such a Member who is not a Highly
Compensated Member, the amount of such Floor Company Contribution shall be increased to an amount equal to one and
one-half percent (1.5%) of such Member’s Salary for such payroll period. Floor Company Contributions shall be credited to
such Member’s Company Contribution Account, and shall be invested as described in Article 8 hereof. Notwithstanding the
first sentence of this Section 5.2, no Floor Company Contributions shall be made prior to January 1, 2006 with respect to
Eligible Employees who are Employees of Planco Financial Services, Inc.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009