0001047469-05-006608 Sample Contracts

FORM OF SEVERANCE AGREEMENT
Severance Agreement • March 16th, 2005 • Aon Corp • Accident & health insurance • Illinois

Aon Corporation has entered into the following Severance Agreement with eleven senior executives, including four of the named executive officers (David P. Bolger, Donald C. Ingram, Dennis L. Mahoney and Dick P.M. Verbeek) to be listed in the proxy statement for the 2005 annual meeting of stockholders and one named executive officer (Michael D. O'Halleran) listed in the proxy statement for the 2004 annual meeting of stockholders. The individual Severance Agreements are identical to the form of Severance Agreement, with the exception of the name of the Executive party to the Agreement and in the case of Messrs. Mahoney and Verbeek, who are not U.S. executives, the agreements will be modified to comply with local tax and other laws.

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EMPLOYMENT AGREEMENT
Employment Agreement • March 16th, 2005 • Aon Corp • Accident & health insurance • Illinois

This Employment Agreement (this "Agreement") is effective as of January 1, 2001, among Aon Corporation, a Delaware corporation (the "Company"), and Michael D. O'Halleran (the "Executive"), and amended as of September 29, 2004.

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