-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FuDasEd6hyG8V34WbUmW3dZA1kSOjmo2mjmKIM5S3p+z55cNiP/42q8fS5l1N1md p3/pgzKtQFmUCFleo7K/hw== 0001188112-10-000950.txt : 20100413 0001188112-10-000950.hdr.sgml : 20100413 20100413165751 ACCESSION NUMBER: 0001188112-10-000950 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20100413 DATE AS OF CHANGE: 20100413 EFFECTIVENESS DATE: 20100413 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN & BROWN INC CENTRAL INDEX KEY: 0000079282 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 590864469 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13619 FILM NUMBER: 10747650 BUSINESS ADDRESS: STREET 1: PO BOX 1348 CITY: TAMPA STATE: FL ZIP: 33601 BUSINESS PHONE: 8132224182 MAIL ADDRESS: STREET 1: PO BOX 1348 CITY: TAMPA STATE: FL ZIP: 33601 FORMER COMPANY: FORMER CONFORMED NAME: POE & BROWN INC DATE OF NAME CHANGE: 19930827 FORMER COMPANY: FORMER CONFORMED NAME: POE & ASSOCIATES INC DATE OF NAME CHANGE: 19920703 DEFA14A 1 t67746_defa14a.htm DEFA14A t67746_defa14a.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
SCHEDULE 14A
 
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
 
Filed by the Registrant
x
Filed by a Party other than the Registrant
o
Check the appropriate box:
o
Preliminary Proxy Statement
o
Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
o
Definitive Proxy Statement
x
Definitive Additional Materials
o
Soliciting Material Pursuant to § 240.14a-12
   
Brown & Brown, Inc.
(Name of Registrant as Specified In Its Charter)
 
_____________________________________________
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
 
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o
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
   
 
(1) 
Title of each class of securities to which transaction applies:
   
__________________________________________
 
(2)
Aggregate number of securities to which transaction applies:
   
_________________________________________________
 
(3)
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
   
________________________________________________
 
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________________________________________________
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
 
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GRAPHIC

April 13, 2010

Re:
Brown & Brown Inc. Annual Shareholders’ Meeting – Supplemental Proxy Materials

Shareholders:

We have previously mailed proxy materials, including the 2010 Proxy Statement that we filed with the Securities and Exchange Commission on March 19, 2010 (the "Proxy Statement"), in connection with the Annual Meeting of Shareholders of Brown & Brown, Inc. (the "Company"), which is scheduled to occur on April 28, 2010.

As disclosed in the Proxy Statement under the heading "Proposal 2 – 2010 Stock Incentive Plan" on page 32, and in the last paragraph on page 35, the Company expects to continue to make grants of restricted stock with performance-based and time-based vesting conditions similar to those included in past awards under the Company's Performance Stock Plan ("PSP"), as well as grants of other equity incentives permitted under the 2010 Stock Incentive Plan (the “Incentive Plan”).  A proxy advisory group has identified the need for further clarification on this point.  While business, legal, tax, accounting and other factors may affect the types and amounts of future awards made under the Incentive Plan, our Compensation Committee commits that at least 1.7 million of the shares that will be available under the Incentive Plan will include such vesting conditions.  We are confirming this because we understand that such confirmation is relevant to at least one proxy advisory group’s decision as to whether or not to recommend that Brown & Brown, Inc. shareholders approve the Incentive Plan at the Company’s upcoming Annual Shareholders’ Meeting.



 
Sincerely,
 
     
 
GRAPHIC
 
 
Laurel L. Grammig
 
 
Secretary
 
 
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