Document:

Employment Agreement

 Exhibit 10.4(h) 

BROWN & BROWN, INC. 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT, dated
June 1, 2009 (this “Agreement”), is made and entered into by and between BROWN & BROWN, INC., a Florida corporation (the “Company”), and Anthony Strianese, a resident of the State of Georgia
(the “Employee”). 
 1. Definitions. “Company” means Brown & Brown, Inc. as
well as any successor entity formed by merger or acquisition, including any company that may acquire a majority of the stock of Brown & Brown, Inc. and, with respect to Sections 8, 9 and 10 hereof, also means its subsidiaries,
affiliated companies and any company operated or managed by the Company as of the time this Agreement is entered into, and as of the time the Agreement is terminated. With respect to Section 9 hereof, “Employee” also
means any company or business in which Employee has an equity interest or a controlling or managing interest. 
 2.
Employment. The Company hereby employs or continues to employ Employee upon the terms and conditions set forth in this Agreement. 
 3. Term. The term of the Agreement shall be continuous until terminated by either party, except that termination shall be subject to the provisions of Section 7, below. 

4. Extent of Duties. Employee shall work full time for the Company and shall also perform such duties as specified from time to
time by the Company. During the term of Employee’s employment under this Agreement, Employee shall not, directly or indirectly, engage in the insurance business in any of its phases, either as a broker, agent, solicitor, consultant or
participant, in any manner or in any firm or corporation engaged in the business of insurance or reinsurance, except for the account of the Company or as directed by the Company. Unless otherwise agreed, Employee shall devote all of Employee’s
productive time to duties outlined in this Section 4 and shall not engage in any other gainful employment without written consent of the Company. 
 5. Compensation. 
 (a) If Employee is a Producer, then Employee’s
compensation will be based on the commission system in effect and applicable at this time to the undersigned. Employee acknowledges that the commission structure has been explained to Employee, and understands that the system may be changed at any
time upon notice to Employee. 
 (b) If Employee is not a Producer, then Employee’s compensation shall be as agreed between
Company and Employee from time to time. 
 6. Benefits. Employee shall be entitled to enjoy the same benefits as
generally conferred upon any other employees of comparable rank within the Company. This includes plans such as life and health insurance. Employee acknowledges that the applicable benefits have been explained to Employee. Employee understands that
such benefits are provided by the Company at the Company’s discretion and may be changed, increased, decreased or eliminated from time to time. Employee also understands that the Company reserves the right to approve business development and
entertainment privileges on a case-by-case basis to Producers based upon the discretion of management, without granting equal or equivalent privileges to other Producers. 

  
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 7. Termination. The employment relationship memorialized by this Agreement may be
terminated by Company or Employee at any time, with or without cause. Termination of Employee’s employment under this Agreement shall not release either Employee or the Company from obligations hereunder arising or accruing through the date of
such termination nor from the provisions of Sections 8, 9 and 10 of this Agreement. On notice of termination of or by the Employee, the Company has the power to suspend the Employee from all duties on the date notice is
given, and to immediately require return of all professional documentation as described in the Agreement. Company has the further right to impound all property on Company premises, including such property owned by Employee, for a reasonable time
following termination, to permit Company to inventory the property and ensure that its property and trade secrets are not removed from the premises. Employee acknowledges that Employee has no right or expectation of privacy with respect to property
kept on Company premises, including any such information maintained on computer systems utilized by Employee during employment by Company. 
 8. Confidential Information; Covenant Not to Solicit or Service Customers or Prospective Customers; Related Matters. 
 (a) Employee recognizes and acknowledges that the Confidential Information (as hereafter defined) constitutes valuable, secret, special, and unique assets of Company. Employee covenants and agrees that,
during the term of this Agreement and for a period of two (2) years following termination of Employee’s employment with the Company for any reason (whether voluntary or involuntary), Employee will not disclose the Confidential Information
to any person, firm, corporation, association, or other entity for any reason or purpose without the express written approval of Company and will not use the Confidential Information except in Company’s business. It is expressly understood and
agreed that the Confidential Information is the property of Company and must be immediately returned to Company upon demand. The term “Confidential Information” includes all information, whether or not reduced to written or recorded
form, that is related to Company and that is not generally known to competitors of the Company nor intended for general dissemination, whether furnished by Company or compiled by Employee, including but not limited to: (i) lists of the
Company’s customers, insurance carriers, Company accounts and records pertaining thereto; and (ii) prospect lists, policy forms, and/or rating information, expiration dates, information on risk characteristics, information concerning
insurance markets for large or unusual risks, and all other types of written information customarily used by Company or available to the Employee. Employee understands that it is Company’s intention to maintain the confidentiality of this
information notwithstanding that employees of Company may have free access to the information for the purpose of performing their duties with Company, and notwithstanding that employees who are not expressly bound by agreements similar to this
agreement may have access to such information for job purposes. Employee acknowledges that it is not practical, and shall not be necessary, to mark such information as “confidential,” nor to transfer it within the Company by confidential
envelope or communication, in order to preserve the confidential nature of the information. 
 (b) For a period of two
(2) years following termination of Employee’s employment with the Company for any reason (whether voluntary or involuntary), Employee specifically agrees not to solicit, divert, accept, nor service, directly or indirectly, as insurance
solicitor, insurance agent, insurance broker, insurance wholesaler, managing general agent, or otherwise, for Employee’s account or the account of any other agent, broker, or insurer, either as officer, director, stockholder, owner, partner,
employee, promoter, consultant, manager, or otherwise, any insurance or bond business of any kind or character from any person, firm, corporation, or other entity, that is a customer or account of the Company during the term of this Agreement, or
from any prospective customer or account to whom the Company made proposals about which Employee had knowledge, or in which Employee participated, during the last two (2) years of 

  
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Employee’s employment with Company. For purposes of this Agreement, Employee acknowledges that informing existing clients or prospects that Employee is or may be leaving Company prior to
leaving employment of Company shall be deemed to constitute prohibited solicitation under this Agreement. 
 (c) Employee agrees
that Company shall have the right to communicate the terms of this Agreement to any third parties, including but not limited to, any past, present or prospective employer of Employee. Employee waives any right to assert any claim for damages against
Company or any officer, employee or agent of Company arising from disclosure of the terms of this Agreement. 
 (d) In the event
of a breach or threatened breach of the provisions of this Section 8, Company shall be entitled to injunctive relief as well as any other applicable remedies at law or in equity. Employee understands and agrees that without such
protection, Company’s business would be irreparably harmed, and that the remedy of monetary damages alone would be inadequate. 
 (e) Should legal proceedings (including arbitration proceedings) have to be brought by the Company against the Employee to enforce this Agreement, the period of restriction under this
Section 8 shall be deemed to begin running on the date of entry of an order granting the Company preliminary injunctive relief and shall continue uninterrupted for the next succeeding two (2) years. The Employee acknowledges that
the purposes of this Section 8 would be frustrated by measuring the period of restriction from the date of termination of employment where the Employee failed to honor the Agreement until directed to do so by court order. 

(f) The provisions of this Section 8 shall be independent of any other provision of this Agreement, and the existence of any
claim or cause of action by the Employee against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of this Section 8 by the Company. 

(g) Should a court of competent jurisdiction declare any of the covenants set forth in this Section 8 unenforceable, each of
the parties hereto agrees that such court shall be empowered and shall grant Company injunctive relief reasonably necessary to protect its interest with respect to the enforceable provisions hereof. 

9. Organizing Competitive Businesses; Soliciting Company Employees. Employee agrees that so long as Employee is working for
Company, Employee will not undertake the planning or organizing of any business activity competitive with the work Employee performs. Employee agrees that Employee will not, for a period of two (2) years following termination of Employee’s
employment with the Company for any reason (whether voluntary or involuntary), directly or indirectly solicit or seek to induce any of the Company’s employees to leave the Company’s employ for any reason, including, without limitation, to
work for Employee or any other competitive company. Employee acknowledges and agrees that all activities under this Section 9 shall be presumed to be in aid of prohibited solicitation under the terms of Section 8 of this
Agreement, and shall justify injunctive relief as provided in Section 8. 
 10. Protection of Company
Property. All records, files, manuals, lists of customers, blanks, forms, materials, supplies, computer programs and other materials furnished to the Employee by the Company, used by Employee on its behalf, or generated or obtained by Employee
during the course of Employee’s employment, shall be and remain the property of Company. Employee shall be deemed the bailee thereof for the use and benefit of Company and shall safely keep and preserve such property, except as consumed in the
normal business operations of Company. Employee acknowledges that this property is confidential and is not readily accessible to Company’s competitors. Upon termination of employment hereunder, the Employee shall immediately deliver to Company
or its authorized representative all such property, including all copies, remaining in the Employee’s possession or control. 

  
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 11. Attorneys’ Fees. In the event of a dispute concerning the terms of this
Agreement, each party shall bear its own attorney’s fees, court costs, and other dispute-related costs and expenses. 
 12.
Notices. 
 (a) Each party giving or making any notice or other communication (each, a “Notice”)
pursuant to this Agreement shall: (i) give the Notice in writing; and (ii) use one of the following methods of delivery: (A) personal delivery; (B) registered or certified mail, in each case, return receipt requested and postage
prepaid; (C) nationally recognized overnight courier, with all fees prepaid; or (D) facsimile. 
 (b) Notices shall be
addressed as indicated below, or to such other addressee or to such other address as may be designated by a party in a Notice pursuant to this Section 12: 
  

			
	If to Company:	  	Brown & Brown, Inc.
		  	3101 W. Martin Luther King Jr. Blvd.
		  	Suite 400
		  	Tampa, FL 33607
		  	Attention: Laurel L. Grammig, General Counsel
		  	Facsimile No.: (813) 222-4464
		
	If to Employee:	  	Most current residence address on file with Company

 13. Waiver of Breach. The waiver by either party of a breach of any provision of the Agreement
shall not operate or be construed as a waiver of any subsequent breach by the other party. 
 14. Entire Agreement. This
instrument contains the entire agreement of the parties. All employment agreements entered into which are dated prior to this Agreement are considered null and void, unless and to the extent otherwise stated herein. This Agreement may not be changed
orally but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, extension or discharge is sought. 
 15. Binding Effect. This Agreement shall be binding on and inure to the benefit of the respective parties and their respective heirs, legal representatives, successors and assigns. No assignment,
consent by Employee, or notice to Employee shall be required to render this Agreement enforceable by any entity defined as “Company” in this Agreement. 
 16. Interpretation. This Agreement shall not be construed or interpreted in a manner adverse to any party on the grounds that such party was responsible for drafting any portion of it. 

17. Waiver of Jury Trial. Employee and Company hereby knowingly, voluntarily and intentionally waive any right either may have
to a trial by jury with respect to any litigation related to or arising out of, under or in conjunction with this Agreement, or Employee’s employment with the Company. 

  
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 18. Assignment and Enforcement. Employee agrees that Company may assign this
Agreement to any entity in connection with any sale or transfer of some or all of Company’s assets or subsidiary corporations, or the merger or other business combination by Company with or into any business entity. Employee further agrees to
be found by the provisions of this Agreement for benefit of the Company or its parent or any subsidiary or affiliate thereof to whose employ Employee may be transferred, without the necessity that this Agreement or another employment agreement be
re-executed at the time of such transfer. Employee may not assign or delegate Employee’s rights or obligations hereunder in whole or in part without the Company’s prior written consent. Subject to the foregoing, this Agreement shall be
binding upon and inure to the benefit of the parties’ respective successors and assigns. 
 19. Governing Law. This
Agreement shall be governed by and construed and enforced according to the internal laws of the State of Florida, excluding laws related to conflicts of law. 
 IN WITNESS WHEREOF, the parties have executed this Employment Agreement as of the date first set forth above. 
  

									
	Witnesses (2):	 		 	BROWN & BROWN, INC.
					
	1.	 	 

	 		 	By:	 	

		 	 

	 		 	Name:	 	 B. Pinkalla

	2.	 	 		 	Title:	 	 LEADERSHIP DEVELOPMENT

	As to Company	 		 		 	
			
	Witnesses (2):	 		 	EMPLOYEE
				
	1.	 	 

	 		 	 

		 		 		 	Print Name:	 	 Anthony Strianese

	2.	 	 

	 		 		 	
	As to Employee	 		 		 	

  
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 EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of March 26, 2003 (the “Effective Date”), is made
and entered into by and between PEACHTREE SPECIAL RISK BROKERS, LLC., a Georgia limited liability company, with business locations in Georgia, Florida, New York, North Carolina and California (the “Company”), and ANTHONY
STRIANESE, a resident of the State of Georgia (“Employee”). 
 WITNESSETH: 

WHEREAS, Employee is employed with the Company as its Profit Center Manager and, in that capacity, works as an insurance broker
(“Producer”) and supervises the work performed by all of the Producers and other personnel employed by the Company; and 
 WHEREAS, the Company’s offer of continued employment is contingent upon Employee executing and delivering this Agreement; 

THEREFORE, for and in consideration of the foregoing and the agreements set forth below, the parties agree as follows: 

1. Definitions. The “Company” means Peachtree Special Risk Brokers, LLC, as well as any successor entity formed by
merger or acquisition, including any company that may acquire a majority interest in Peachtree Special Risk Brokers, LLC. With respect to Section 11 hereof, “Employee” also means any company or business in which Employee
has an equity interest or a controlling or managing interest. 
 2. Employment. The Company hereby continues to employ
Employee upon the terms and conditions set forth in this Agreement. 
 3. Term. The term of the Agreement shall be
continuous until terminated by either party, except that termination shall be subject to the provisions of Section 7, below. 
 4. Extent of Duties. Employee shall continue to work full time for the Company and shall also perform such duties as specified from time to time by the Company. During the term of Employee’s
employment under this Agreement, Employee shall not, directly or indirectly, engage in the insurance business in any of its phases, either as a broker, agent, solicitor, consultant or participant, in any manner or in any firm or corporation engaged
in the business of insurance or reinsurance, except for the account of the Company or as directed by the Company. Unless otherwise agreed, Employee shall devote all of Employee’s productive time to duties outlined in this paragraph and shall
not engage in any other gainful employment without written consent of the Company. 

 5. Compensation. Employee’s compensation will be as agreed between Employee and
the Company from time to time. 
 6. Benefits. Employee shall be entitled to enjoy the same benefits as conferred upon
any other employees of comparable rank within the Company. This includes plans such as life and health insurance, sick pay, and paid vacation. Employee acknowledges that the applicable benefits have been explained to Employee. Employee understands
that such benefits are provided by the Company at the Company’s discretion and may be changed, increased, decreased or eliminated from time to time. Employee also understands that the Company reserves the right to approve business development
and entertainment privileges on a case-by-case basis to Producers based upon the discretion of management, without granting equal or equivalent privileges to other Producers. 
 7. Termination. The employment relationship memorialized by this Agreement may be terminated by Company or Employee at any time, with or without cause. Termination of Employee’s employment
under this Agreement shall not release either Employee or the Company from obligations hereunder arising or accruing through the date of such termination nor from the provisions of this Agreement concerning post-termination obligations, including,
without limitation, Sections 8, 9, 10 and 11. On notice of termination of or by the Employee, the Company has the power to suspend the Employee from all duties on the date notice is given, and to immediately require return of all
professional documentation as described in the Agreement. Company has the further right to impound all property on Company premises, including such property owned by Employee, for a reasonable time following termination, to permit Company to
inventory the property and ensure that its property and trade secrets are not removed from the premises. Employee acknowledges that Employee has no right or expectation of privacy with respect to property kept on Company premises, including any such
information maintained on computer or phone voice mail systems utilized by Employee during employment by Company. 
 8.
Relationship of the Company and Employee. Employee recognizes that during the course of Employee’s employment with the Company, the Company will disclose or make available to Employee confidential information that could be used by
Employee on behalf of a competitor of the Company to the Company’s substantial detriment. Employee acknowledges that the Company, through its expertise and reputation in the insurance agency industry, its support services and personnel, and
follow-up work, will contribute substantially to Employee’s development as an effective insurance broker. Employee further acknowledges that (a) during the course of Employee’s employment, Employee will use the confidential
information given to Employee by the Company or developed by Employee as an employee of the Company to become a principal contact with certain customers of the Company, including retail insurance agents who place business through the Company,
(b) the relationship Employee will develop with such customers as a result of the Company’s training and Employee’s commitment of time while in the Company’s employment is necessarily a personal relationship that involves
elements of personal service and trust, and (c) during the course of employment, Employee will develop good will for the Company with such customers, all of which are the sole and exclusive property of the Company. Employee further acknowledges
that the good will that the Company enjoys is the principal asset of the Company. In view of the foregoing, Employee acknowledges and agrees that the restrictive covenants contained in this Agreement are reasonably necessary to protect the
Company’s legitimate business interests and good will. 

  
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 9. Non-Disclosure. (a) For purposes of this Agreement, the term
“Confidential Information” includes each, every, and all written or recorded documentation or information related to the insurance agency and/or brokerage business of the Company or any of its affiliates (whether constituting a
trade secret or not) which is or has been disclosed to Employee or of which Employee became aware as a consequence of or through Employee’s relationship to the Company and which has value to the Company and is not generally known to the
Company’s competitors including, but not limited to: (i) lists of the Company’s customers, including, without limitation, the retail insurance agents who place business through the Company, and insurance companies and records
pertaining thereto; and (ii) customer lists, prospect lists, policy forms, and/or rating information, expiration dates, information on risk characteristics, information concerning insurance markets for large or unusual risks, and all other
types of written or recorded documentation or information customarily used by the Company. Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public
disclosure has been made by Employee without authorization) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means. 

(b) Employee recognizes and acknowledges that the Confidential Information constitutes a valuable, secret, special, and unique asset of
the Company that comprises a substantial part of the Company’s value. Employee covenants and agrees that Employee will not, during the time Employee is employed by the Company and for a period of two (2) years following the date
Employee’s employment with the Company is terminated for any reason, use or disclose the Confidential Information to any person, firm, corporation, association, or other entity for any reason or purpose without the express written approval of
the Company. It is expressly understood and agreed that the Confidential Information is the property of the Company and that all Confidential Information existing in tangible or written form must be immediately returned to the Company upon demand
therefor at any time after the Effective Date. 
 (c) Notwithstanding the foregoing provisions of this Section 9,
Employee may make disclosures required by a valid order or subpoena issued by a court or administrative agency of competent jurisdiction, on the condition that Employee has notified the Company of such order or subpoena at least 14 days in advance
of the required disclosure date in order to provide the Company an opportunity to protect its interest. 
 10.
Non-Piracy. During the time Employee is employed by the Company and for a period of two (2) years following the date Employee’s employment with the Company is terminated or ceases for any reason (the “Termination Date”),
Employee agrees not to solicit or divert, directly or indirectly, as insurance broker, insurance solicitor, or insurance agent, for Employee’s account or the account of any other broker, agent, or insurer, any customer or insurance or bond
account of any kind that is serviced by the Company on the Termination Date or within one (1) year prior to such date. 

11. Non-Solicitation of Employees. Employee agrees that Employee will not, during the time Employee is employed by the Company and
for a period of two (2) years following the Termination Date, directly or indirectly solicit or seek to induce any of the employees of the Company to leave employment with the Company for any reason, including, without limitation, soliciting
such employees to work for any competitor of the Company. 

  
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 12. Communication of Terms. Employee agrees that the Company shall have the right to
communicate the terms of this Agreement to any present or prospective customer, any employer or prospective employer of Employee, or any other party, and the Company shall incur no liability to Employee by reason of disclosure of the terms of this
Agreement. 
 13. Remedies. In the event of a breach of the provisions of this Agreement, the Company shall be entitled
to injunctive relief as well as any other applicable remedies at law or in equity. Should a court of competent jurisdiction declare any of the covenants set forth in this Agreement unenforceable due to an unreasonable geographical restriction or
duration, or otherwise, each of the parties hereto agrees that such court shall be empowered and shall grant each injured party injunctive relief reasonably necessary to protect its interest, to the extent permitted by applicable law. 

14. Waiver. No waiver or modification of this Agreement or of any covenant, condition, or limitation herein contained shall be
valid unless in writing and duly executed by the party to be charged therewith and no evidence of any waiver or modification shall be offered or received in evidence of any proceeding, arbitration, or litigation between the parties hereto arising
out of or affecting this Agreement, or the rights or obligations of the parties hereunder, unless such waiver or modification is in writing, duly executed as aforesaid, and the parties further agree that the provisions of this section may not be
waived except as herein set forth. 
 15. Attorneys’ Fees. If any litigation arises hereunder, the prevailing party
shall be entitled to reasonable attorneys’ fees and costs at both the trial and appellate levels. 
 16. Notices.
Any notices required or permitted to be given under this Agreement shall be sufficient if in writing and if sent by Certified Mail or delivered by hand to: 
 Employee at: 
 Peachtree Special Risk Brokers, LLC 

250 Corporate Center Court 
 Stockbridge, GA 30281 
 and to the Company at: 

Peachtree Special Risk Brokers, LLC 
 c/o Brown & Brown, Inc. 
 401 E. Jackson Street, Suite 1700 

Tampa, Florida 33602 
 Attn: Laurel L. Grammig, General Counsel 
 or such other address as either party shall give to the
other in writing for this purpose. 
 17. Amendment. This Agreement cannot be altered, amended, changed, or modified in
any respect or particular unless each such alteration, amendment, change, or modification shall have been agreed to by each of the parties hereto and reduced to writing in its entirety and signed and delivered by each party. 

  
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 18. Severability. If any provision or covenant, or any part thereof, of this
Agreement should be held by any court to be illegal, invalid or unenforceable, either in whole or in part, such illegality, invalidity or unenforceability shall not affect the legality, validity or enforceability of the remaining provisions or
covenants, or any part thereof, all of which shall remain in full force and effect to the maximum extent permitted by applicable law. 
 19. Assignment and Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto, and their respective successors, personal representatives, heirs, successors,
and assigns, including any successor by virtue of merger or acquisition, and Employee expressly consents to any assignment of this Agreement to any successor in interest. 
 20. Entire Agreement. This Agreement contains all of the terms and conditions agreed to between the parties as to the subject matter hereof, and there are no oral agreements relating to the
transactions covered hereby. Any prior agreement between the parties or their respective affiliates with respect to the subject matter hereof shall be of no further force and effect, and to the extent of any such prior agreements this Agreement
shall be deemed a novation, good and sufficient consideration for which is acknowledged by all parties hereto. 
 21. Further
Assurances. The parties agree to execute and deliver such other and further instruments and documents as may be necessary to implement and effectuate the terms of this Agreement. 

22. Counterparts. This Agreement may be executed in counterparts, all of which together shall comprise one and the same
instrument. 
 23. Governing Law. This Agreement has been made in the State of Georgia and shall be governed by and
construed and enforced in accordance with internal Georgia law, without regard to conflicts of laws principles. 
 IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	COMPANY:
	
	PEACHTREE SPECIAL RISK BROKERS, LLC
		
	By:	 	

	Name:	 	J. Powell Brown
	Title:	 	Regional Executive Vice President
		 	3/28/03

  
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	ANTHONY STRIANESE
	
	

	3-26-03

  
 6 

 EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of
                    , 2003 (the “Effective Date”), is made and entered into by and between PEACHTREE SPECIAL RISK BROKERS, LLC., a
Georgia limited liability company, with business locations in Georgia, Florida, New York, North Carolina and California (the “Company”), and ANTHONY STRIANESE, a resident of the State of Georgia (“Employee”).

 WITNESSETH: 
 WHEREAS, Employee is employed with the Company as its Profit Center Manager and, in that capacity, works as an insurance broker (“Producer”) and supervises the work performed by
all of the Producers and other personnel employed by the Company; and 
 WHEREAS, the Company’s offer of continued
employment is contingent upon Employee executing and delivering this Agreement; 
 THEREFORE, for and in consideration of
the foregoing and the agreements set forth below, the parties agree as follows: 
 1. Definitions. The
“Company” means Peachtree Special Risk Brokers, LLC, as well as any successor entity formed by merger or acquisition, including any company that may acquire a majority interest in Peachtree Special Risk Brokers, LLC. With respect to
Section 11 hereof, “Employee” also means any company or business in which Employee has an equity interest or a controlling or managing interest. 
 2. Employment. The Company hereby continues to employ Employee upon the terms and conditions set forth in this Agreement. 
 3. Term. The term of the Agreement shall be continuous until terminated by either party, except that termination shall be subject to the provisions of Section 7, below. 

4. Extent of Duties. Employee shall continue to work full time for the Company and shall also perform such duties as specified
from time to time by the Company. During the term of Employee’s employment under this Agreement, Employee shall not, directly or indirectly, engage in the insurance business in any of its phases, either as a broker, agent, solicitor, consultant
or participant, in any manner or in any firm or corporation engaged in the business of insurance or reinsurance, except for the account of the Company or as directed by the Company. Unless otherwise agreed, Employee shall devote all of
Employee’s productive time to duties outlined in this paragraph and shall not engage in any other gainful employment without written consent of the Company. 

 5. Compensation. Employee’s compensation will be as agreed between Employee and
the Company from time to time. 
 6. Benefits. Employee shall be entitled to enjoy the same benefits as conferred upon
any other employees of comparable rank within the Company. This includes plans such as life and health insurance, sick pay, and paid vacation. Employee acknowledges that the applicable benefits have been explained to Employee. Employee understands
that such benefits are provided by the Company at the Company’s discretion and may be changed, increased, decreased or eliminated from time to time. Employee also understands that the Company reserves the right to approve business development
and entertainment privileges on a case-by-case basis to Producers based upon the discretion of management, without granting equal or equivalent privileges to other Producers. 
 7. Termination. The employment relationship memorialized by this Agreement may be terminated by Company or Employee at any time, with or without cause. Termination of Employee’s employment
under this Agreement shall not release either Employee or the Company from obligations hereunder arising or accruing through the date of such termination nor from the provisions of this Agreement concerning post-termination obligations, including,
without limitation, Sections 8, 9, 10 and 11. On notice of termination of or by the Employee, the Company has the power to suspend the Employee from all duties on the date notice is given, and to immediately require
return of all professional documentation as described in the Agreement. Company has the further right to impound all property on Company premises, including such property owned by Employee, for a reasonable time following termination, to permit
Company to inventory the property and ensure that its property and trade secrets are not removed from the premises. Employee acknowledges that Employee has no right or expectation of privacy with respect to property kept on Company premises,
including any such information maintained on computer or phone voice mail systems utilized by Employee during employment by Company. 
 8. Relationship of the Company and Employee. Employee recognizes that during the course of Employee’s employment with the Company, the Company will disclose or make available to Employee
confidential information that could be used by Employee on behalf of a competitor of the Company to the Company’s substantial detriment. Employee acknowledges that the Company, through its expertise and reputation in the insurance agency
industry, its support services and personnel, and follow-up work, will contribute substantially to Employee’s development as an effective insurance broker. Employee further acknowledges that (a) during the course of Employee’s
employment, Employee will use the confidential information given to Employee by the Company or developed by Employee as an employee of the Company to become a principal contact with certain customers of the Company, including retail insurance agents
who place business through the Company, (b) the relationship Employee will develop with such customers as a result of the Company’s training and Employee’s commitment of time while in the Company’s employment is necessarily a
personal relationship that involves elements of personal service and trust, and (c) during the course of employment, Employee will develop good will for the Company with such customers, all of which are the sole and exclusive property of the
Company. Employee further acknowledges that the good will that the Company enjoys is the principal asset of the Company. In view of the foregoing, Employee acknowledges and agrees that the restrictive covenants contained in this Agreement are
reasonably necessary to protect the Company’s legitimate business interests and good will. 

  
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 9. Non-Disclosure. (a) For purposes of this Agreement, the term
“Confidential Information” includes each, every, and all written or recorded documentation or information related to the insurance agency and/or brokerage business of the Company or any of its affiliates (whether constituting a
trade secret or not) which is or has been disclosed to Employee or of which Employee became aware as a consequence of or through Employee’s relationship to the Company and which has value to the Company and is not generally known to the
Company’s competitors including, but not limited to: (i) lists of the Company’s customers, including, without limitation, the retail insurance agents who place business through the Company, and insurance companies and records
pertaining thereto; and (ii) customer lists, prospect lists, policy forms, and/or rating information, expiration dates, information on risk characteristics, information concerning insurance markets for large or unusual risks, and all other
types of written or recorded documentation or information customarily used by the Company. Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public
disclosure has been made by Employee without authorization) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means. 

(b) Employee recognizes and acknowledges that the Confidential Information constitutes a valuable, secret, special, and unique asset of
the Company that comprises a substantial part of the Company’s value. Employee covenants and agrees that Employee will not, during the time Employee is employed by the Company and for a period of two (2) years following the date
Employee’s employment with the Company is terminated for any reason, use or disclose the Confidential Information to any person, firm, corporation, association, or other entity for any reason or purpose without the express written approval of
the Company. It is expressly understood and agreed that the Confidential Information is the property of the Company and that all Confidential Information existing in tangible or written form must be immediately returned to the Company upon demand
therefor at any time after the Effective Date. 
 (c) Notwithstanding the foregoing provisions of this Section 9,
Employee may make disclosures required by a valid order or subpoena issued by a court or administrative agency of competent jurisdiction, on the condition that Employee has notified the Company of such order or subpoena at least 14 days in advance
of the required disclosure date in order to provide the Company an opportunity to protect its interest. 
 10.
Non-Piracy. During the time Employee is employed by the Company and for a period of two (2) years following the date Employee’s employment with the Company is terminated or ceases for any reason (the “Termination Date”),
Employee agrees not to solicit or divert, directly or indirectly, as insurance broker, insurance solicitor, or insurance agent, for Employee’s account or the account of any other broker, agent, or insurer, any customer or insurance or bond
account of any kind that is serviced by the Company on the Termination Date or within one (1) year prior to such date. 

11. Non-Solicitation of Employees. Employee agrees that Employee will not, during the time Employee is employed by the Company and
for a period of two (2) years following the Termination Date, directly or indirectly solicit or seek to induce any of the employees of the Company to leave employment with the Company for any reason, including, without limitation, soliciting
such employees to work for any competitor of the Company. 

  
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 12. Communication of Terms. Employee agrees that the Company shall have the right to
communicate the terms of this Agreement to any present or prospective customer, any employer or prospective employer of Employee, or any other party, and the Company shall incur no liability to Employee by reason of disclosure of the terms of this
Agreement. 
 13. Remedies. In the event of a breach of the provisions of this Agreement, the Company shall be entitled
to injunctive relief as well as any other applicable remedies at law or in equity. Should a court of competent jurisdiction declare any of the covenants set forth in this Agreement unenforceable due to an unreasonable geographical restriction or
duration, or otherwise, each of the parties hereto agrees that such court shall be empowered and shall grant each injured party injunctive relief reasonably necessary to protect its interest, to the extent permitted by applicable law. 

14. Waiver. No waiver or modification of this Agreement or of any covenant, condition, or limitation herein contained shall be
valid unless in writing and duly executed by the party to be charged therewith and no evidence of any waiver or modification shall be offered or received in evidence of any proceeding, arbitration, or litigation between the parties hereto arising
out of or affecting this Agreement, or the rights or obligations of the parties hereunder, unless such waiver or modification is in writing, duly executed as aforesaid, and the parties further agree that the provisions of this section may not be
waived except as herein set forth. 
 15. Attorneys’ Fees. If any litigation arises hereunder, the prevailing party
shall be entitled to reasonable attorneys’ fees and costs at both the trial and appellate levels. 
 16. Notices.
Any notices required or permitted to be given under this Agreement shall be sufficient if in writing and if sent by Certified Mail or delivered by hand to: 
 Employee at: 
 Peachtree Special Risk Brokers, LLC 

250 Corporate Center Court 
 Stockbridge, GA 30281 
 and to the Company at: 

Peachtree Special Risk Brokers, LLC 
 c/o Brown & Brown, Inc. 
 401 E. Jackson Street, Suite 1700 

Tampa, Florida 33602 
 Attn: Laurel L. Grammig, General Counsel 
 or such other address as either party shall give to the
other in writing for this purpose. 
 17. Amendment. This Agreement cannot be altered, amended, changed, or modified in
any respect or particular unless each such alteration, amendment, change, or modification shall have been agreed to by each of the parties hereto and reduced to writing in its entirety and signed and delivered by each party. 

  
 4 

 18. Severability. If any provision or covenant, or any part thereof, of this
Agreement should be held by any court to be illegal, invalid or unenforceable, either in whole or in part, such illegality, invalidity or unenforceability shall not affect the legality, validity or enforceability of the remaining provisions or
covenants, or any part thereof, all of which shall remain in full force and effect to the maximum extent permitted by applicable law. 
 19. Assignment and Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto, and their respective successors, personal representatives, heirs, successors,
and assigns, including any successor by virtue of merger or acquisition, and Employee expressly consents to any assignment of this Agreement to any successor in interest. 
 20. Entire Agreement. This Agreement contains all of the terms and conditions agreed to between the parties as to the subject matter hereof, and there are no oral agreements relating to the
transactions covered hereby. Any prior agreement between the parties or their respective affiliates with respect to the subject matter hereof shall be of no further force and effect, and to the extent of any such prior agreements this Agreement
shall be deemed a novation, good and sufficient consideration for which is acknowledged by all parties hereto. 
 21. Further
Assurances. The parties agree to execute and deliver such other and further instruments and documents as may be necessary to implement and effectuate the terms of this Agreement. 

22. Counterparts. This Agreement may be executed in counterparts, all of which together shall comprise one and the same
instrument. 
 23. Governing Law. This Agreement has been made in the State of Georgia and shall be governed by and
construed and enforced in accordance with internal Georgia law, without regard to conflicts of laws principles. 
 IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	COMPANY:
	
	PEACHTREE SPECIAL RISK BROKERS, LLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 5 

 
	
	ANTHONY STRIANESE
	
	

	3-26-03

  
 6EX-10.6

 Exhibit 10.6 
 NON-QUALIFIED STOCK OPTION AGREEMENT  
 (employees and consultants)

 UNDER THE MONOTYPE IMAGING HOLDINGS INC. 
 AMENDED AND RESTATED 2007 STOCK OPTION AND INCENTIVE PLAN 
  

			
	 Name of Optionee:
	  	Name
	 Address of Optionee:
	  	Address
	 No. of Option Shares:
	  	# of shares
	 Option Exercise Price per Share:
	  	share price
	 Grant Date:
	  	Grant Date
	 Expiration Date:
	  	Grant Date + 10 yrs

 Pursuant to the Monotype Imaging Holdings Inc. Amended and Restated 2007 Stock Option and Incentive Plan,
as amended through the date hereof (the “Plan”), Monotype Imaging Holdings Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date
specified above all or part of the number of shares of Common Stock, par value $0.001 per share (the “Stock”) of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set
forth herein and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended. 

1. Making of Award. This award is deemed to be made on the date the key terms of the grant are communicated to the Optionee either
(i) by email, (ii) in writing, or (iii) through posting in the Optionee’s online E*TRADE brokerage account with respect to Company equity awards.
 2. Exercisability Schedule. No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the
Committee (as defined in Section 1 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated: 

 

					
	 Incremental Number of

Option Shares Exercisable
	  	 	  	Exercisability Date
			
	  
	  	(        %)	  	  

			
	  
	  	(        %)	  	  

			
	  
	  	(        %)	  	  

			
	  
	  	(        %)	  	  

			
	  
	  	(        %)	  	  

 Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the
close of business on the Expiration Date, subject to the provisions hereof and of the Plan. 

 3. Manner of Exercise. 

(a) The Optionee may exercise this Stock Option only in the following manner: from time to time on or prior to the Expiration Date of
this Stock Option, the Optionee may give written notice to the Company of his or her election to purchase some or all of the Option Shares purchasable at the time of such notice. This notice shall specify the number of Option Shares to be purchased.

 Payment of the purchase price for the Option Shares may be made by one or more of the following methods: (i) in cash, by
certified or bank check or other instrument acceptable to the Committee; (ii) through the delivery (or attestation to the ownership) of shares of Stock that have been purchased by the Optionee on the open market or that are beneficially owned
by the Optionee and are not then subject to any restrictions under any Company plan and that otherwise satisfy any holding periods as may be required by the Committee; (iii) by the Optionee delivering to the Company a properly executed exercise
notice together with irrevocable instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Company to pay the option purchase price, provided that in the event the Optionee chooses to pay the option
purchase price as so provided, the Optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Committee shall prescribe as a condition of such payment procedure; (iv) by a
net exercise arrangement pursuant to which the Company will reduce the number of shares of Stock issuable upon exercise by the largest whole number of shares with a Fair Market Value that does not exceed the aggregate exercise price, or (v) a
combination of (i), (ii), (iii) and (iv) above. Payment instruments will be received subject to collection. 
 The
transfer to the Optionee on the records of the Company or of the transfer agent of the Option Shares will be contingent upon the Company’s receipt from the Optionee of full payment for the Option Shares, as set forth above and any agreement,
statement or other evidence that the Company may require to satisfy itself that the issuance of Stock to be purchased pursuant to the exercise of Stock Options under the Plan and any subsequent resale of the shares of Stock will be in compliance
with applicable laws and regulations. In the event the Optionee chooses to pay the purchase price by previously-owned shares of Stock through the attestation method, the number of shares of Stock transferred to the Optionee upon the exercise of the
Stock Option shall be net of the Shares attested to. 
 (b) The shares of Stock purchased upon exercise of this Stock Option
shall be transferred to the Optionee on the records of the Company or of the transfer agent upon compliance to the satisfaction of the Committee with all requirements under applicable laws or regulations in connection with such issuance and with the
requirements hereof and of the Plan. The determination of the Committee as to such compliance shall be final and binding on the Optionee. The Optionee shall not be deemed to be the holder of, or to have any of the rights of a holder with respect to,
any shares of Stock subject to this Stock Option unless and until this Stock Option shall have been exercised pursuant to the terms hereof, the Company or the transfer agent shall have transferred the shares to the Optionee, and the Optionee’s
name shall have been entered as the stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting, dividend and other ownership rights with respect to such shares of Stock. 

(c) The minimum number of shares with respect to which this Stock Option may be exercised at any one time shall be 100 shares, unless the
number of shares with respect to which this Stock Option is being exercised is the total number of shares subject to exercise under this Stock Option at the time. 
 (d) Notwithstanding any other provision hereof or of the Plan, no portion of this Stock Option shall be exercisable after the Expiration Date hereof. 

  
 2 

 4. Termination of Employment. If the Optionee’s employment by the Company or a
Subsidiary (as defined in the Plan) is terminated, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below. 
 (a) Termination Due to Death. If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date may be exercised, to the
extent exercisable on the date of termination, by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. 

(b) Termination Due to Disability. If the Optionee’s employment terminates by reason of the Optionee’s disability (as
determined by the Committee), any portion of this Stock Option outstanding on such date may be exercised, to the extent exercisable on the date of termination, by the Optionee for a period of 12 months from the date of termination or until the
Expiration Date, if earlier. The death of the Optionee during the 12-month period provided in this Section 4(b) shall extend such period for another 12 months from the date of death or until the Expiration Date, if earlier. 

(c) Termination for Cause. If the Optionee’s employment terminates for Cause (as defined in the Plan), any portion of this
Stock Option outstanding on such date shall terminate immediately and be of no further force and effect. 
 (d) Other
Termination. If the Optionee’s employment terminates for any reason other than the Optionee’s death, the Optionee’s disability or Cause, and unless otherwise determined by the Committee, any portion of this Stock Option
outstanding on such date may be exercised, to the extent exercisable on the date of termination, for a period of three months from the date of termination or until the Expiration Date, if earlier. Any portion of this Stock Option that is not
exercisable on the date of termination shall terminate immediately and be of no further force or effect. 
 The Committee’s
determination of the reason for termination of the Optionee’s employment shall be conclusive and binding on the Optionee and his or her representatives or legatees. 
 5. Incorporation of Plan. Notwithstanding anything herein to the contrary, this Stock Option shall be subject to and governed by all the terms and conditions of the Plan, including the powers of
the Committee set forth in Section 2(b) of the Plan. Capitalized terms in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein. 

6. Transferability. This Agreement is personal to the Optionee, is non-assignable and is not transferable in any manner, by
operation of law or otherwise, other than by will or the laws of descent and distribution. This Stock Option is exercisable, during the Optionee’s lifetime, only by the Optionee, and thereafter, only by the Optionee’s legal representative
or legatee. 
 7. Tax Withholding. The Optionee shall, not later than the date as of which the exercise of this Stock
Option becomes a taxable event for Federal income tax purposes, pay to the Company or make arrangements satisfactory to the Committee for payment of any Federal, state, and local taxes required by law to be withheld on account of such taxable event.
The Optionee may elect to have the minimum required tax withholding obligation satisfied, in whole or in part, by authorizing the Company to withhold from shares of Stock to be issued. 

8. No Obligation to Continue Employment. Neither the Company nor any Subsidiary is obligated by or as a result of the Plan or this
Agreement to continue the Optionee in employment and neither the Plan nor this Agreement shall interfere in any way with the right of the Company or any Subsidiary to terminate the employment of the Optionee at any time. 

  
 3 

 9. Notices. Notices hereunder shall be mailed or delivered to the Company at its
principal place of business and shall be mailed or delivered to the Optionee at the address on file with the Company or, in either case, at such other address as one party may subsequently furnish to the other party in writing. 

 

			
	MONOTYPE IMAGING HOLDINGS INC.
		
	By:	 	

		 	Name: Douglas J. Shaw
		 	Title: President and Chief Executive Officer

  
 4

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