Common use of Rules for Determining Reason for Termination Clause in Contracts

Rules for Determining Reason for Termination. (A) If a Voluntary Termination occurs on a date that Executive is eligible for Retirement as defined in The Hartford Investment and Savings Plan, as may be amended from time to time, or any successor plan thereof (the "Savings Plan"), such Voluntary Termination shall instead be treated as a Termination Due to Retirement solely for purposes of this Section 5. (B) No Termination Without Cause shall be treated as a Termination Due to Retirement or a Termination Due to Disability for purposes of any Pro Rata Target Bonus, Severance Payment, Equity Awards or Vested Benefits Enhancement under this Section 5, notwithstanding the fact that, either on, before or after the date of termination of the Employment Period with respect thereto, (I) Executive was eligible for Retirement as defined in the Savings Plan, (II) Executive requested to be treated as a retiree for purposes of the Savings Plan or any other plan or program of the Company or its affiliates, or (III) Executive or the Company could have terminated Executive's employment in a Termination Due to Disability hereunder. ======================================================================================================= BENEFITS PAYABLE : NON-CHANGE OF CONTROL ======================================================================================================= BENEFIT: Accrued Salary Pro Rata Target Bonus Severance Equity Awards Payment ======================================================================================================= FORM OF Lump Sum Lump Sum Lump Sum Determined Under the Applicable PAYMENT: Plan ------------------------------------------------------------------------------------------------------- Termination Payable Not Payable Not Payable Not Payable For Cause ------------------------------------------------------------------------------------------------------- Termination Payable Payable Payable Options / Restricted Stock: -------------------------- Without Cause Payable Other Equity Awards: Determined -------------------- Under the Applicable Plan ------------------------------------------------------------------------------------------------------- Voluntary Payable Determined Under the Not Determined Under the Applicable Termination Applicable Plan Payable Plan ------------------------------------------------------------------------------------------------------- Termination Payable Determined Under the Not Payable Determined Under the Applicable Due to Applicable Plan Plan Retirement ------------------------------------------------------------------------------------------------------- Termination Payable Payable Not Payable Determined Under the Applicable Due to Plan Disability ------------------------------------------------------------------------------------------------------- Termination Payable Payable Not Payable Determined Under the Applicable Due to Death Plan ------------------------------------------------------------------------------------------------------- ============================================================================================== BENEFITS PAYABLE : NON-CHANGE OF CONTROL (Continued) ============================================================================================== BENEFIT: Vested Benefits Vested Benefits Welfare Enhancement Benefits Continuation ============================================================================================== FORM OF Determined Under the Lump Sum Determined Under the PAYMENT: Applicable Plan Applicable Plan ---------------------------------------------------------------------------------------------- Termination Determined Under the Not Payable Not For Cause Applicable Plan Available ---------------------------------------------------------------------------------------------- Termination Determined Under the Payable Available Without Cause Applicable Plan ---------------------------------------------------------------------------------------------- Voluntary Determined Under the Not Payable Not Available Termination Applicable Plan ---------------------------------------------------------------------------------------------- Termination Determined Under the Not Payable Available Due to Applicable Plan Retirement ---------------------------------------------------------------------------------------------- Termination Determined Under the Not Payable Available Due to Applicable Plan Disability ---------------------------------------------------------------------------------------------- Termination Determined Under the Not Payable Not Available Due to Death Applicable Plan ---------------------------------------------------------------------------------------------- - 6 -

Rules for Determining Reason for Termination. (A) If No Termination Without Cause or Termination For Good Reason shall be treated as a Voluntary Termination occurs on Due to Retirement or a date that Termination Due to Disability for purposes of any Pro Rata Target Bonus, Severance Payment, Equity Awards or Vested Benefits Enhancement, notwithstanding the fact that, either on, before or after the Date of Termination with respect thereto, (I) Executive is was eligible for Retirement as defined in The Hartford Investment and Savings Plan, as may be amended from time to time, or any successor plan thereof (the "Savings Plan"), such Voluntary Termination shall instead be treated as a Termination Due to Retirement solely for purposes of this Section 5. (B) No Termination Without Cause shall be treated as a Termination Due to Retirement or a Termination Due to Disability for purposes of any Pro Rata Target Bonus, Severance Payment, Equity Awards or Vested Benefits Enhancement under this Section 5, notwithstanding the fact that, either on, before or after the date of termination of the Employment Period with respect thereto, (I) Executive was eligible for Retirement as defined in the Savings Plan, (II) Executive requested to be treated as a retiree for purposes of the Savings Plan or any other plan or program of the Company or its affiliates, or (III) Executive or the Company could have terminated Executive's employment in a Termination Due to Disability hereunder. (B) No Termination Due to Retirement shall be treated as a Voluntary Termination. (C) Notwithstanding any provision in this Agreement to the contrary, in the event of a Change of Control as described in Section 2(b)(iii) or Section 2(b)(iv) hereof, if the employment of Executive involuntarily terminates on or after the date of a shareholder approval described in either of such Sections but before the date of a consummation described in either of such Sections, the date of termination of Executive's employment shall be deemed for purposes of this Agreement to be the day following the date of the applicable consummation. ==================================================================================================================================== BENEFITS PAYABLE : NON-CHANGE OF CONTROL ==================================================================================================================================== BENEFIT: Accrued Salary Pro Rata Target Bonus Severance Equity Awards Vested Benefits Vested Benefits Welfare BENEFIT Salary Target Payment Enhancement Benefits Bonus Continuation ==================================================================================================================================== FORM OF PAYMENT Lump Sum Lump Sum Lump Determined Under the Determined Under Lump Sum Determined Under the Sum Applicable PAYMENT: Plan ------------------------------------------------------------------------------------------------------- Termination Payable Not Payable Not Payable Not Payable For Cause ------------------------------------------------------------------------------------------------------- Termination Payable Payable Payable Options / Restricted Stock: -------------------------- Without Cause Payable Other Equity Awards: Determined -------------------- Under the Applicable Plan ------------------------------------------------------------------------------------------------------- Voluntary Payable Determined Under the Not Determined Under the Applicable Termination Applicable Plan Payable Plan ------------------------------------------------------------------------------------------------------- Termination Payable Determined Under the Not Payable Determined Under the Applicable Due to Applicable Plan Plan Retirement ------------------------------------------------------------------------------------------------------- Termination Payable Payable Not Payable Determined Under the Applicable Due to Plan Disability ------------------------------------------------------------------------------------------------------- Termination Payable Payable Not Payable Determined Under the Applicable Due to Death Plan ------------------------------------------------------------------------------------------------------- ==================================================================================================================================== BENEFITS PAYABLE : NON-CHANGE OF CONTROL (Continued) ============================================================================================== BENEFIT: Vested Benefits Vested Benefits Welfare Enhancement Benefits Continuation ============================================================================================== FORM OF Termination For Payable Not Payable Not Payable Determined Under the Lump Sum Determined Under Not Payable Not Available Cause Applicable Plan the Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------ Termination Payable Payable Payable Determined Under the PAYMENT: Applicable Plan Applicable Plan ---------------------------------------------------------------------------------------------- Termination Determined Under the Not Payable Not For Cause Applicable Plan Available ---------------------------------------------------------------------------------------------- Termination Determined Under the Payable Available Without Cause Applicable Plan ---------------------------------------------------------------------------------------------- Voluntary the Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------ Termination For Payable Payable Payable Determined Under the Determined Under Payable Available Good Reason Applicable Plan the Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------ Voluntary Payable Not Payable Not Payable Determined Under the Determined Under Not Payable Not Available Termination Applicable Plan ---------------------------------------------------------------------------------------------- the Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------ Termination Due Payable Determined Not Determined Under the Determined Under Not Payable Available Due to Retirement Under the Payable Applicable Plan Retirement ---------------------------------------------------------------------------------------------- the Applicable Plan Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------ Termination Due Payable Payable Not Payable Determined Under the Determined Under Not Payable Available Due to Disability Applicable Plan Disability ---------------------------------------------------------------------------------------------- the Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------ Termination Due Payable Payable Not Payable Determined Under the Determined Under Not Payable Not Available Due to Death Applicable Plan ---------------------------------------------------------------------------------------------- - 6 -the Applicable Plan ------------------------------------------------------------------------------------------------------------------------------------