ARTHUR J. GALLAGHER & CO.1988 Incentive Stock Option Agreement • January 28th, 2005 • Gallagher Arthur J & Co • Insurance agents, brokers & service
AGREEMENT, dated , 20 (the “Effective Date”), between ARTHUR J. GALLAGHER & CO., a Delaware corporation (the “Corporation”), and , an employee of the Company (the “Employee”). For purposes of this Agreement, the term “Company” shall mean the Corporation and any corporation 50% or more of the stock of which is beneficially owned directly by the Corporation or indirectly through another corporation or corporations in which the Corporation is the beneficial owner of 50% or more of the stock.
