Common use of Annual Long-Term Incentive Compensation Clause in Contracts

Annual Long-Term Incentive Compensation. You are eligible to participate in Maxxx & McLennan Companies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee of the Maxxx & McXxxxxx Xompanies Board of Directors (“Compensation Committee”) as set forth in the award agreement and in Maxxx & McLennan Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you may be required to enter into a “Restrictive Covenants Agreement” in connection with long-term incentive awards.

Annual Long-Term Incentive Compensation. You are eligible to participate in Maxxx & McLennan CompaniesMcXxxxxx Xompanies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee of the Maxxx & McXxxxxx Xompanies Board of Directors (“Compensation Committee”) as set forth in the award agreement and in Maxxx & McLennan Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you may be required to enter into a “Restrictive Covenants Agreement” in connection with long-term incentive awards.

Annual Long-Term Incentive Compensation. You are eligible to participate in Maxxx Xxxxx & McLennan Companies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee of the Maxxx Xxxxx & McXxxxxx Xompanies XxXxxxxx Companies Board of Directors (“Compensation Committee”) as set forth in the award agreement and in Maxxx Xxxxx & McLennan Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you may be required to enter into a “Restrictive Covenants Agreement” in connection with long-term incentive awards.

Annual Long-Term Incentive Compensation. You are eligible to participate in Maxxx & McLennan Companies’ long-term incentive program with a target long-term incentive compensation award as set forth on Exhibit A. Long-term incentive awards are discretionary and are governed by terms and conditions approved by the Compensation Committee of the Maxxx & McXxxxxx Xompanies Board of Directors (“"Compensation Committee”") as set forth in the award agreement and in Maxxx & McLennan Companies’ 2011 Incentive and Stock Award Plan (or other plan under which the long-term incentive award is granted). In accordance with Company practice, you may be required to enter into a “"Restrictive Covenants Agreement” " in connection with long-term incentive awards.