Daniel S. Glaser President and Chief Executive Officer Marsh McLennan

Xxxxxx X. Xxxxxx

President and Chief Executive Officer

Xxxxx XxXxxxxx

0000 Xxxxxx xx xxx Xxxxxxxx

Xxx Xxxx, XX 00000

T x0 000 000 0000

xxx.xxx.xxx

September 22, 2022

Subject: Terms of Employment

Dear Xxxx,

This third amendment to the Letter Agreement, dated September 17, 2015, between you and Xxxxx & XxXxxxxx Companies, Inc. as subsequently amended on January 17, 2018 and February 19, 2019 (together, the “Letter Agreement”), revises the terms and conditions of your employment. The Letter Agreement will continue to govern your employment except as specified below:

1.Exhibit A to the Letter Agreement shall be deleted and replaced in its entirety with the attached Exhibit A.

The terms of this amendment are effective as of September 22, 2022. Please acknowledge your agreement with the terms of the Letter Agreement, as further amended by this third amendment, by signing and dating this and the enclosed copy and returning one to me.

Sincerely,

/s/ Xxxxxx X. Xxxxxx

Xxxxxx X. Xxxxxx

President and Chief Executive Officer

Xxxxx XxXxxxxx

Accepted and Agreed:

/s/ Xxxx X. XxXxxxxx

(Signature)

9/22/22

(Date)

Page 2

September 22, 2022

Xxxx X. XxXxxxxx

Exhibit A

Board or Committee Memberships			None
Annual Base Salary			$800,000 effective as of April 1, 2019.
Annual Target Bonus Opportunity			Bonus awards are discretionary. Target bonus of $1,600,000 commencing with the 2022 performance year (awarded in February 2023). Actual bonus may range from 0% - 200% of target, based on achievement of individual and Xxxxx XxXxxxxx performance objectives, as Xxxxx XxXxxxxx may establish from time to time.
Annual Target Long-Term Incentive Opportunity			Long-term incentive awards are discretionary. Target award value of $2,600,000, commencing with the award made in 2019.