0001193125-12-204653 Sample Contracts

ARTHUR J. GALLAGHER & CO. DEFERRED EQUITY PARTICIPATION PLAN FORM OF AWARD AGREEMENT
Deferred Equity Participation Plan Award Agreement • May 2nd, 2012 • Gallagher Arthur J & Co • Insurance agents, brokers & service • Delaware

This Deferred Equity Participation Plan Award Agreement (this “Agreement”), effective as of the Award Date shown above, between Arthur J. Gallagher & Co., a Delaware corporation (the “Company”), and the Participant named above, sets forth the terms and conditions of an allocation of Annual Funding (the “Award”) under the Arthur J. Gallagher & Co. Deferred Equity Participation Plan (the “Plan”). The Award is subject to all of the terms and conditions set forth in the Plan and this Agreement. In the event of any conflict, the Plan will control over this Agreement. Capitalized terms in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein. The Participant hereby expressly acknowledges receipt of a copy of the Plan.

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