0001193125-06-049866 Sample Contracts

February 23, 2006
Stock Option Agreement • March 10th, 2006 • Hilb Rogal & Hobbs Co • Insurance agents, brokers & service • Virginia

You have been granted a nonqualified stock option to purchase 1,000 shares of Common Stock of the Company, subject to the terms and conditions (i) in the Company’s 2000 Stock Incentive Plan, as amended from time to time (the “Plan”), and (ii) as set forth in Exhibit A, attached hereto and made a part hereof (together, with this letter, the “Agreement”), as follows:

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HILB ROGAL & HOBBS COMPANY Executive Employment Agreement with FRANK H. BEARD
Employment Agreement • March 10th, 2006 • Hilb Rogal & Hobbs Co • Insurance agents, brokers & service • Virginia

THIS AGREEMENT, dated November 15, 2005, is made between HILB ROGAL & HOBBS COMPANY, a Virginia corporation (“Employer”) publicly held and traded on the New York Stock Exchange, and FRANK H. BEARD (“Employee”), a resident of Atlanta, Georgia.

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