Participating in the Plan

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	Stock Purchase Plan

	The Plan at a Glance

	Participating in the Plan

		Enrollment

		When Participation Ends

	How the Plan Works

	Stock Ownership

	Taxes

	Account Information

	Legal Disclosure

	Glossary

Participating in the Plan

Eligibility

"You," "Your," and "Employee"

As used throughout this section, "employee", "you" and "your" always mean:

A U.S. salaried or hourly employee of MMC or any subsidiary or affiliate of MMC eligible to participate.

You may participate in the Plan on the first business day of October if you are classified on payroll as a U.S. salaried or hourly employee of MMC or any subsidiary or affiliate of MMC provided that you:

began working for the Company on or before the preceding April 30 or were otherwise credited with six months service (which may include service with a business prior to its acquisition by the Company) by the CEO or the highest ranking Human Resources officer, and

are scheduled to work at least 20 hours a week.

You may not purchase stock under the Stock Purchase Plan if, after such purchase, you would own MMC stock possessing 5% or more of the total combined voting power of all classes of MMC stock.

Individuals who are independent contractors or leased employees are not eligible to participate.

If you are rehired and you had at least six months of service when you left the Company, you may be eligible to participate at the start of the next plan year on the first business day of October without any prior waiting period. If you do not have a total of six months of service by the first business day of October, you must wait until the next plan year to participate.