Exhibit 10(bbbb)  
 **FPIC
INSURANCE GROUP, INC.**
 **OMNIBUS
INCENTIVE PLAN STOCK OPTION AGREEMENT**
 
 
 THIS
AGREEMENT, made as of______, ____ is by and between FPIC Insurance Group, Inc.,
a Florida corporation (the “Company”), and ________ (the
“Optionee”).
 
 
 WITNESSETH:
 
 WHEREAS,
the Company maintains the Omnibus Incentive Plan (the “Plan”) for the benefit of
its officers and key employees and the officers and key employees of the
Subsidiaries; and
 
 WHEREAS,
the Company wishes to grant to the Optionee Options under the Plan, on the terms
and conditions set forth in the Plan and as hereinafter provided;
 
 NOW,
THEREFORE, in consideration of the premises, it is agreed as
follows:
 
 1.
    Definitions
 
 Terms
used in this Agreement that are defined in the Plan shall have the same meaning
as set forth in the Plan.
 
 2.
    Grant
      of Options
 
 The
Company hereby grants to Optionee _____ Options to purchase _____ Shares at an
Option Price per Share of $_____. Of these Options, _____ will be Incentive
Stock Options pursuant to Section 422 of the Code, and _____ will be
Nonqualified Stock Options.
 
 3.
    Stock
      Option Terms and Exercise Period
 
 a.  Options
awarded under this Agreement may not be exercised by the Optionee at any time
until such Options are vested as provided in paragraph 4 of this
Agreement.
 
 b.  This
Agreement and the Options issued pursuant thereto shall terminate on the earlier
of (i) the tenth anniversary of the date of this Agreement, (ii) the date such
Options are fully exercised, or (iii) the date determined pursuant to Section 5
hereof following the Optionee's termination of employment.
 
 1
 4.
    Vesting
 
 Subject
to Section 10 hereof and the other provisions of this Section 4, one-third
(rounded up to a whole number) of the Options set forth in paragraph 2 shall
vest on the one year anniversary of the date of this Agreement, with an
additional one-third of the Options vesting on each of the next two
anniversaries of this Agreement, provided the Optionee has remained in the
employ of the Company or a Parent or Subsidiary thereof through the applicable
vesting date, such vesting maximizing Incentive Stock Options pursuant to
Section 422 of the Code, as follows:
 
 **Options
      Exercisable**
      ******Grant
      Date**
      ****
    **Grant
      Type**
    **Options
      Granted**
    **Number
      Exercisable**
    **Date
      Exercisable**
 
 The
Optionee shall be 100% vested in all Options awarded under this Agreement (i) if
the Optionee’s termination of employment from the Company is as a result of the
death, Permanent and Total Disability (as that term is defined in Code §
22(e)(3)), or retirement at or after age 65 of the Optionee and/or (ii) as
provided in the Optionee’s employment, severance or other agreement (if
applicable). The Optionee shall forfeit any unvested Options (i) upon
termination of employment for any reason other than the death, Permanent and
Total Disability (as that term is defined in Code § 22(e)(3)) or retirement at
or after age 65 of the Optionee or (ii) except as otherwise provided in the
Optionee’s employment, severance or other agreement (if
applicable).
 
 5.
    Termination
      of Employment
 
 a.  In the
event the employment of the Optionee is terminated, the Nonqualified Stock
Options hereunder that are vested as of the date of termination of employment
will terminate upon the earlier of (i) the full exercise of the Option, (ii) the
tenth anniversary of the date of this Agreement, or (iii) three years following
the date of termination of employment, and the Incentive Stock Options hereunder
that are vested as of the date of termination of employment will terminate upon
the earlier of (i) the full exercise of the Option, (ii) the tenth anniversary
of the date of this Agreement, or (iii) three months following the date of
termination of employment.
 
 b. Notwithstanding
the above, in the event the employment of the Optionee is terminated as a result
of death or Permanent and Total Disability (as that term is defined in Code § 22
(e)(3)) prior to the termination of an Option, such Option may be exercised to
the extent permitted under Section 7.4(c) of the Plan.
 
 c.  Any
portion of the Options hereunder that is unvested on the date of termination of
employment (and that do not become vested on the date of termination of
employment pursuant to Section 4 hereof), shall expire as of the date of
termination of employment.
 
 6.
    Transferability
      of Options
 
 Except as
provided in the following sentence, this Agreement and the Options granted
hereunder shall not be transferable otherwise than by will or by the laws of
descent and distribution, and shall be exercised, during the lifetime of the
Optionee, only by the Optionee. Notwithstanding the preceding sentence, the
Nonqualified Stock Options granted hereunder may be transferred by the Optionee
during his or her lifetime to any member of his or her immediate family or a
trust established for the exclusive benefit of one or more members of his or her
immediate family or to a former spouse pursuant to a domestic relations order.
For purposes of this Section, the term “immediate family” is defined as the
Optionee’s spouse, children, stepchildren, grandchildren (including
relationships arising from legal adoption), and parents.
 
 2
 7.
    Exercise
      of Options
 
 a.  Options
shall become exercisable at such time as may be provided herein and shall be
exercisable by written notice of such exercise, in the form prescribed by the
Committee, to the Secretary or President of the Company, at its principal
office. The notice shall specify the number of Options that are being
exercised.
 
 b.  Shares
purchased pursuant to this Agreement shall be paid for in full at the time of
such purchase in cash, in Shares, including Shares acquired pursuant to the
Plan, or part in cash and part in Shares. Shares transferred in payment of the
Option Price shall be valued as of the date of transfer based on Fair Market
Value. Subject to prior approval of the Company, and subject to such
restrictions or conditions as the Company may prescribe, Options may also be
exercised with the assistance of a broker.
 
 c.  The
Committee may establish rules regarding the types of Shares the Optionee may
transfer in payment of the Option Price in order to avoid adverse accounting
treatment.
  8.
    Regulation
      by the Committee
 This
Agreement and the Options granted hereunder shall be subject to the
administrative procedures and rules as the Committee may adopt. All decisions of
the Committee upon any question arising under the Plan or under this Agreement
shall be conclusive and binding upon the Optionee and any person or persons to
whom Options hereunder have been transferred by will or by laws of descent and
distribution.
 
 9.
    Rights
      as a Shareholder
 
 The
Optionee shall have no rights as a Shareholder with respect to Options granted
hereunder until certificates for Shares of common stock are issued to the
Optionee.
 
 10.
    Change
      in Control
 
 a.  Upon a
Change in Control, all Options granted hereunder shall automatically vest as of
the date of such Change in Control and all restrictions or contingencies will be
deemed to have been satisfied.
 
 b.  Upon a
Change in Control, the Options shall remain exercisable until the tenth
anniversary of this Agreement, notwithstanding any termination of employment
occurring prior thereto.
 
 3
 11.
    Plan
      Terms
 
 The terms
of the Plan are incorporated herein by reference.
 
 12.
    Governing
      Law and Severability.
 
 To the
extent not preempted by Federal law, this Agreement will be governed by and
construed in accordance with the laws of the State of Florida, without regard to
conflicts of law provisions. In the event any provision of this Agreement shall
be held illegal or invalid for any reason, the illegality or invalidity shall
not affect the remaining part of the Agreement, and the Agreement shall be
construed and enforced as if the illegal or invalid provision had not been
included.
 
 13.
    Effective
      Date of Grant
 
 Each
Option granted under this Agreement shall be effective as of the date of this
Agreement written above.
 
 ATTEST:
    FPIC
      INSURANCE GROUP, INC._________________________________
    By:
      _________________________________Roberta
      Goes CownSenior
      Vice President and CorporateCounselWITNESS:_________________________________
    _________________________________,
      Optionee