UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-06653 NAME OF REGISTRANT: The Jensen Portfolio, Inc ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 5300 Meadows Road Suite 250 Lake Oswego , OR 97035 NAME AND ADDRESS OF AGENT FOR SERVICE: Rob McIver 5300 Meadows Road Suite 250 Lake Oswego, OR 97035 REGISTRANT'S TELEPHONE NUMBER: 503-726-4384 DATE OF FISCAL YEAR END: 05/31 DATE OF REPORTING PERIOD: 07/01/2009 - 06/30/2010 JENSEN PORTFOLIO - -------------------------------------------------------------------------------------------------------------------------- 3M COMPANY Agenda Number: 933208565 - -------------------------------------------------------------------------------------------------------------------------- Security: 88579Y101 Meeting Type: Annual Meeting Date: 11-May-2010 Ticker: MMM ISIN: US88579Y1010 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: LINDA G. ALVARADO Mgmt For For 1B ELECTION OF DIRECTOR: GEORGE W. BUCKLEY Mgmt For For 1C ELECTION OF DIRECTOR: VANCE D. COFFMAN Mgmt For For 1D ELECTION OF DIRECTOR: MICHAEL L. ESKEW Mgmt For For 1E ELECTION OF DIRECTOR: W. JAMES FARRELL Mgmt For For 1F ELECTION OF DIRECTOR: HERBERT L. HENKEL Mgmt For For 1G ELECTION OF DIRECTOR: EDWARD M. LIDDY Mgmt For For 1H ELECTION OF DIRECTOR: ROBERT S. MORRISON Mgmt For For 1I ELECTION OF DIRECTOR: AULANA L. PETERS Mgmt For For 1J ELECTION OF DIRECTOR: ROBERT J. ULRICH Mgmt For For 02 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For LLP AS 3M'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. 03 TO APPROVE THE AMENDED 2008 LONG-TERM INCENTIVE Mgmt For For PLAN AND TO APPROVE THE EXPANDED PERFORMANCE CRITERIA AVAILABLE UNDER THE 2008 LONG-TERM INCENTIVE PLAN. 04 STOCKHOLDER PROPOSAL ON SPECIAL MEETINGS. Shr Against For - -------------------------------------------------------------------------------------------------------------------------- ABBOTT LABORATORIES Agenda Number: 933205898 - -------------------------------------------------------------------------------------------------------------------------- Security: 002824100 Meeting Type: Annual Meeting Date: 23-Apr-2010 Ticker: ABT ISIN: US0028241000 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR R.J. ALPERN Mgmt For For R.S. AUSTIN Mgmt For For W.M. DALEY Mgmt For For W.J. FARRELL Mgmt For For H.L. FULLER Mgmt For For W.A. OSBORN Mgmt For For D.A.L. OWEN Mgmt For For R.S. ROBERTS Mgmt For For S.C. SCOTT III Mgmt For For W.D. SMITHBURG Mgmt For For G.F. TILTON Mgmt For For M.D. WHITE Mgmt For For 02 RATIFICATION OF DELOITTE & TOUCHE LLP AS AUDITORS Mgmt For For 03 SHAREHOLDER PROPOSAL-ADVISORY VOTE Shr Abstain Against 04 SHAREHOLDER PROPOSAL-SPECIAL SHAREHOLDER MEETINGS Shr Against For - -------------------------------------------------------------------------------------------------------------------------- ADOBE SYSTEMS INCORPORATED Agenda Number: 933195580 - -------------------------------------------------------------------------------------------------------------------------- Security: 00724F101 Meeting Type: Annual Meeting Date: 16-Apr-2010 Ticker: ADBE ISIN: US00724F1012 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: EDWARD W. BARNHOLT Mgmt For For 1B ELECTION OF DIRECTOR: MICHAEL R. CANNON Mgmt For For 1C ELECTION OF DIRECTOR: JAMES E. DALEY Mgmt For For 1D ELECTION OF DIRECTOR: CHARLES M. GESCHKE Mgmt For For 1E ELECTION OF DIRECTOR: SHANTANU NARAYEN Mgmt For For 02 APPROVAL OF THE AMENDMENT OF THE ADOBE SYSTEMS Mgmt For For INCORPORATED 2003 EQUITY INCENTIVE PLAN. 03 RATIFICATION OF THE APPOINTMENT OF KPMG LLP Mgmt For For AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING ON DECEMBER 3, 2010. - -------------------------------------------------------------------------------------------------------------------------- AMETEK INC NEW Agenda Number: 933209911 - -------------------------------------------------------------------------------------------------------------------------- Security: 031100100 Meeting Type: Annual Meeting Date: 28-Apr-2010 Ticker: AME ISIN: US0311001004 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR CHARLES D. KLEIN Mgmt For For STEVEN W. KOHLHAGEN Mgmt For For 02 PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST Mgmt For For & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2010. - -------------------------------------------------------------------------------------------------------------------------- AMPHENOL CORPORATION Agenda Number: 933261973 - -------------------------------------------------------------------------------------------------------------------------- Security: 032095101 Meeting Type: Annual Meeting Date: 26-May-2010 Ticker: APH ISIN: US0320951017 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR STANLEY L. CLARK Mgmt For For ANDREW E. LIETZ Mgmt For For MARTIN H. LOEFFLER Mgmt For For 02 RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT Mgmt For For PUBLIC ACCOUNTANTS OF THE COMPANY. - -------------------------------------------------------------------------------------------------------------------------- AUTOMATIC DATA PROCESSING, INC. Agenda Number: 933148288 - -------------------------------------------------------------------------------------------------------------------------- Security: 053015103 Meeting Type: Annual Meeting Date: 10-Nov-2009 Ticker: ADP ISIN: US0530151036 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR GREGORY D. BRENNEMAN Mgmt For For LESLIE A. BRUN Mgmt For For GARY C. BUTLER Mgmt For For LEON G. COOPERMAN Mgmt For For ERIC C. FAST Mgmt For For LINDA R. GOODEN Mgmt For For R. GLENN HUBBARD Mgmt For For JOHN P. JONES Mgmt For For CHARLES H. NOSKI Mgmt For For SHARON T. ROWLANDS Mgmt For For GREGORY L. SUMME Mgmt For For 02 APPOINTMENT OF DELOITTE & TOUCHE LLP Mgmt For For - -------------------------------------------------------------------------------------------------------------------------- C. R. BARD, INC. Agenda Number: 933212196 - -------------------------------------------------------------------------------------------------------------------------- Security: 067383109 Meeting Type: Annual Meeting Date: 21-Apr-2010 Ticker: BCR ISIN: US0673831097 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR THEODORE E. MARTIN Mgmt For For ANTHONY WELTERS Mgmt For For TONY L. WHITE Mgmt For For DAVID M. BARRETT, M.D. Mgmt For For JOHN C. KELLY Mgmt For For 02 TO APPROVE THE 2003 LONG TERM INCENTIVE PLAN Mgmt For For OF C.R. BARD, INC., AS AMENDED AND RESTATED. 03 TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT Mgmt For For REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2010. 04 TO CONSIDER A SHAREHOLDER PROPOSAL RELATING Shr Against For TO SUSTAINABILITY REPORTING ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) PRACTICES. - -------------------------------------------------------------------------------------------------------------------------- COGNIZANT TECHNOLOGY SOLUTIONS CORP. Agenda Number: 933250867 - -------------------------------------------------------------------------------------------------------------------------- Security: 192446102 Meeting Type: Annual Meeting Date: 01-Jun-2010 Ticker: CTSH ISIN: US1924461023 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: JOHN E. KLEIN Mgmt For For 1B ELECTION OF DIRECTOR: LAKSHMI NARAYANAN Mgmt For For 1C ELECTION OF DIRECTOR: MAUREEN BREAKIRON-EVANS Mgmt For For 02 TO AMEND AND RESTATE THE COGNIZANT TECHNOLOGY Mgmt For For SOLUTIONS CORPORATION 2004 EMPLOYEE STOCK PURCHASE PLAN TO, AMONG OTHER THINGS, INCREASE THE NUMBER OF SHARES OF CLASS A COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER FROM 6,000,000 SHARES TO 9,000,000 SHARES. 03 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2010. - -------------------------------------------------------------------------------------------------------------------------- COLGATE-PALMOLIVE COMPANY Agenda Number: 933208539 - -------------------------------------------------------------------------------------------------------------------------- Security: 194162103 Meeting Type: Annual Meeting Date: 07-May-2010 Ticker: CL ISIN: US1941621039 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: JOHN T. CAHILL Mgmt For For 1B ELECTION OF DIRECTOR: IAN COOK Mgmt For For 1C ELECTION OF DIRECTOR: HELENE D. GAYLE Mgmt For For 1D ELECTION OF DIRECTOR: ELLEN M. HANCOCK Mgmt For For 1E ELECTION OF DIRECTOR: JOSEPH JIMENEZ Mgmt For For 1F ELECTION OF DIRECTOR: DAVID W. JOHNSON Mgmt For For 1G ELECTION OF DIRECTOR: RICHARD J. KOGAN Mgmt For For 1H ELECTION OF DIRECTOR: DELANO E. LEWIS Mgmt For For 1I ELECTION OF DIRECTOR: J. PEDRO REINHARD Mgmt For For 1J ELECTION OF DIRECTOR: STEPHEN I. SADOVE Mgmt For For 02 RATIFY SELECTION OF PRICEWATERHOUSECOOPERS LLP Mgmt For For AS COLGATE'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. 03 ADVISORY VOTE ON EXECUTIVE COMPENSATION. Mgmt Abstain Against 04 STOCKHOLDER PROPOSAL ON CHARITABLE CONTRIBUTIONS. Shr Against For 05 STOCKHOLDER PROPOSAL ON SPECIAL STOCKHOLDER Shr Against For MEETINGS. - -------------------------------------------------------------------------------------------------------------------------- DANAHER CORPORATION Agenda Number: 933230536 - -------------------------------------------------------------------------------------------------------------------------- Security: 235851102 Meeting Type: Annual Meeting Date: 11-May-2010 Ticker: DHR ISIN: US2358511028 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: STEVEN M. RALES Mgmt For For 1B ELECTION OF DIRECTOR: JOHN T. SCHWIETERS Mgmt For For 1C ELECTION OF DIRECTOR: ALAN G. SPOON Mgmt For For 02 TO RATIFY THE SELECTION OF ERNST & YOUNG LLP Mgmt For For AS DANAHER'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2010. 03 TO ACT UPON A SHAREHOLDER PROPOSAL REQUESTING Shr Against For THAT DANAHER'S BOARD OF DIRECTORS TAKE THE STEPS NECESSARY TO DECLASSIFY THE BOARD OF DIRECTORS WITHIN ONE YEAR, IF PROPERLY PRESENTED AT THE MEETING. - -------------------------------------------------------------------------------------------------------------------------- ECOLAB INC. Agenda Number: 933213390 - -------------------------------------------------------------------------------------------------------------------------- Security: 278865100 Meeting Type: Annual Meeting Date: 06-May-2010 Ticker: ECL ISIN: US2788651006 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: ARTHUR J. HIGGINS Mgmt For For 1B ELECTION OF DIRECTOR: JOEL W. JOHNSON Mgmt For For 1C ELECTION OF DIRECTOR: C. SCOTT O'HARA Mgmt For For 2 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED Mgmt For For PUBLIC ACCOUNTING FIRM. 3 APPROVAL OF THE ECOLAB INC. 2010 STOCK INCENTIVE Mgmt For For PLAN. 4 AMENDMENT OF THE RESTATED CERTIFICATE OF INCORPORATION Mgmt For For TO ELIMINATE CLASSIFICATION OF TERMS OF THE BOARD OF DIRECTORS AS OF THE 2013 ANNUAL MEETING. 5 ADVISORY VOTE ON APPROVAL OF THE COMPENSATION Mgmt Abstain Against OF THE EXECUTIVES DISCLOSED IN THIS PROXY STATEMENT. 6 STOCKHOLDER PROPOSAL TO ADOPT A POLICY ON THE Shr Against For HUMAN RIGHT TO WATER. 7 STOCKHOLDER PROPOSAL REQUESTING THE BOARD TO Shr Against For AMEND THE BY-LAWS TO PROVIDE HOLDERS OF 10% OF OUTSTANDING SHARES THE POWER TO CALL A SPECIAL MEETING. - -------------------------------------------------------------------------------------------------------------------------- EMERSON ELECTRIC CO. Agenda Number: 933174586 - -------------------------------------------------------------------------------------------------------------------------- Security: 291011104 Meeting Type: Annual Meeting Date: 02-Feb-2010 Ticker: EMR ISIN: US2910111044 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR C.A.H. BOERSIG* Mgmt For For C. FERNANDEZ G.* Mgmt For For W.J. GALVIN* Mgmt For For R.L. STEPHENSON* Mgmt For For V.R. LOUCKS, JR.** Mgmt For For R.L. RIDGWAY** Mgmt For For 02 RE-APPROVAL OF THE PERFORMANCE MEASURES UNDER Mgmt For For THE EMERSON ELECTRIC CO. ANNUAL INCENTIVE PLAN. 03 RATIFICATION OF KPMG LLP AS INDEPENDENT REGISTERED Mgmt For For PUBLIC ACCOUNTING FIRM. - -------------------------------------------------------------------------------------------------------------------------- EQUIFAX INC. Agenda Number: 933213833 - -------------------------------------------------------------------------------------------------------------------------- Security: 294429105 Meeting Type: Annual Meeting Date: 07-May-2010 Ticker: EFX ISIN: US2944291051 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: ROBERT D. DALEO Mgmt For For 1B ELECTION OF DIRECTOR: WALTER W. DRIVER, JR. Mgmt For For 1C ELECTION OF DIRECTOR: L. PHILLIP HUMANN Mgmt For For 1D ELECTION OF DIRECTOR: MARK B. TEMPLETON Mgmt For For 02 TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP Mgmt For For AS EQUIFAX'S PRINCIPAL INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2010. - -------------------------------------------------------------------------------------------------------------------------- JOHNSON & JOHNSON Agenda Number: 933205963 - -------------------------------------------------------------------------------------------------------------------------- Security: 478160104 Meeting Type: Annual Meeting Date: 22-Apr-2010 Ticker: JNJ ISIN: US4781601046 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: MARY SUE COLEMAN Mgmt For For 1B ELECTION OF DIRECTOR: JAMES G. CULLEN Mgmt For For 1C ELECTION OF DIRECTOR: MICHAEL M.E. JOHNS Mgmt For For 1D ELECTION OF DIRECTOR: SUSAN L. LINDQUIST Mgmt For For 1E ELECTION OF DIRECTOR: ANNE M. MULCAHY Mgmt For For 1F ELECTION OF DIRECTOR: LEO F. MULLIN Mgmt For For 1G ELECTION OF DIRECTOR: WILLIAM D. PEREZ Mgmt For For 1H ELECTION OF DIRECTOR: CHARLES PRINCE Mgmt For For 1I ELECTION OF DIRECTOR: DAVID SATCHER Mgmt For For 1J ELECTION OF DIRECTOR: WILLIAM C. WELDON Mgmt For For 02 RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2010 03 ADVISORY VOTE ON EXECUTIVE COMPENSATION Shr Abstain Against 04 SPECIAL SHAREOWNER MEETINGS Shr Against For - -------------------------------------------------------------------------------------------------------------------------- MEDTRONIC, INC. Agenda Number: 933122602 - -------------------------------------------------------------------------------------------------------------------------- Security: 585055106 Meeting Type: Annual Meeting Date: 27-Aug-2009 Ticker: MDT ISIN: US5850551061 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR RICHARD H. ANDERSON Mgmt For For VICTOR J. DZAU, M.D. Mgmt For For WILLIAM A. HAWKINS Mgmt For For SHIRLEY A. JACKSON, PHD Mgmt For For DENISE M. O'LEARY Mgmt For For ROBERT C. POZEN Mgmt For For JEAN-PIERRE ROSSO Mgmt For For JACK W. SCHULER Mgmt For For 02 TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt For For LLP AS MEDTRONIC'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. 03 TO APPROVE AN AMENDMENT TO THE MEDTRONIC, INC. Mgmt For For 2005 EMPLOYEES STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE THEREUNDER FROM 10,000,000 TO 25,000,000. 04 TO APPROVE AN AMENDMENT TO THE MEDTRONIC, INC. Mgmt For For 2008 STOCK AWARD AND INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE THEREUNDER FROM 50,000,000 TO 100,000,000. - -------------------------------------------------------------------------------------------------------------------------- MICROSOFT CORPORATION Agenda Number: 933150310 - -------------------------------------------------------------------------------------------------------------------------- Security: 594918104 Meeting Type: Annual Meeting Date: 19-Nov-2009 Ticker: MSFT ISIN: US5949181045 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 ELECTION OF DIRECTOR: WILLIAM H. GATES III Mgmt For For 02 ELECTION OF DIRECTOR: STEVEN A. BALLMER Mgmt For For 03 ELECTION OF DIRECTOR: DINA DUBLON Mgmt For For 04 ELECTION OF DIRECTOR: RAYMOND V. GILMARTIN Mgmt For For 05 ELECTION OF DIRECTOR: REED HASTINGS Mgmt For For 06 ELECTION OF DIRECTOR: MARIA KLAWE Mgmt For For 07 ELECTION OF DIRECTOR: DAVID F. MARQUARDT Mgmt For For 08 ELECTION OF DIRECTOR: CHARLES H. NOSKI Mgmt For For 09 ELECTION OF DIRECTOR: HELMUT PANKE Mgmt For For 10 RATIFICATION OF THE SELECTION OF DELOITTE & Mgmt For For TOUCHE LLP AS THE COMPANY'S INDEPENDENT AUDITOR 11 TO APPROVE AMENDMENTS TO AMENDED AND RESTATED Mgmt For For ARTICLES OF INCORPORATION 12 ADVISORY VOTE ON EXECUTIVE COMPENSATION Mgmt Abstain Against 13 SHAREHOLDER PROPOSAL - ADOPTION OF HEALTHCARE Shr Against For REFORM PRINCIPLES 14 SHAREHOLDER PROPOSAL - DISCLOSURE OF CHARITABLE Shr Against For CONTRIBUTIONS - -------------------------------------------------------------------------------------------------------------------------- OMNICOM GROUP INC. Agenda Number: 933244472 - -------------------------------------------------------------------------------------------------------------------------- Security: 681919106 Meeting Type: Annual Meeting Date: 25-May-2010 Ticker: OMC ISIN: US6819191064 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR JOHN D. WREN Mgmt For For BRUCE CRAWFORD Mgmt For For ALAN R. BATKIN Mgmt For For ROBERT CHARLES CLARK Mgmt For For LEONARD S. COLEMAN, JR. Mgmt For For ERROL M. COOK Mgmt For For SUSAN S. DENISON Mgmt For For MICHAEL A. HENNING Mgmt For For JOHN R. MURPHY Mgmt For For JOHN R. PURCELL Mgmt For For LINDA JOHNSON RICE Mgmt For For GARY L. ROUBOS Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF KPMG LLP Mgmt For For AS OUR INDEPENDENT AUDITORS FOR THE 2010 FISCAL YEAR. 03 COMPANY PROPOSAL TO APPROVE THE AMENDMENT TO Mgmt For For THE OMNICOM GROUP INC. 2007 INCENTIVE AWARD PLAN TO AUTHORIZE ADDITIONAL SHARES FOR ISSUANCE. 04 COMPANY PROPOSAL TO APPROVE THE AMENDMENT TO Mgmt For For OUR BY-LAWS TO CHANGE THE VOTING STANDARD FOR THE ELECTION OF DIRECTORS IN UNCONTESTED ELECTIONS FROM A PLURALITY STANDARD TO A MAJORITY STANDARD. 05 SHAREHOLDER PROPOSAL REGARDING REIMBURSEMENT Shr Against For OF EXPENSES INCURRED BY A SHAREHOLDER IN A CONTESTED ELECTION OF DIRECTORS. 06 SHAREHOLDER PROPOSAL REGARDING DEATH BENEFIT Shr Against For PAYMENTS. 07 SHAREHOLDER PROPOSAL REGARDING SUPERMAJORITY Shr Against For VOTE PROVISIONS. - -------------------------------------------------------------------------------------------------------------------------- ORACLE CORPORATION Agenda Number: 933133528 - -------------------------------------------------------------------------------------------------------------------------- Security: 68389X105 Meeting Type: Annual Meeting Date: 07-Oct-2009 Ticker: ORCL ISIN: US68389X1054 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR JEFFREY S. BERG Mgmt For For H. RAYMOND BINGHAM Mgmt For For MICHAEL J. BOSKIN Mgmt For For SAFRA A. CATZ Mgmt For For BRUCE R. CHIZEN Mgmt For For GEORGE H. CONRADES Mgmt For For LAWRENCE J. ELLISON Mgmt For For HECTOR GARCIA-MOLINA Mgmt For For JEFFREY O. HENLEY Mgmt For For DONALD L. LUCAS Mgmt For For CHARLES E. PHILLIPS, JR Mgmt For For NAOMI O. SELIGMAN Mgmt For For 02 PROPOSAL FOR THE APPROVAL OF THE ADOPTION OF Mgmt For For THE FISCAL YEAR 2010 EXECUTIVE BONUS PLAN. 03 PROPOSAL TO RATIFY THE SELECTION OF ERNST & Mgmt For For YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR THE FISCAL YEAR ENDING MAY 31, 2010. 04 STOCKHOLDER PROPOSAL REGARDING SPECIAL STOCKHOLDER Shr Against For MEETINGS. 05 STOCKHOLDER PROPOSAL REGARDING ADVISORY VOTE Shr Abstain Against ON EXECUTIVE COMPENSATION. 06 STOCKHOLDER PROPOSAL REGARDING EQUITY RETENTION Shr Against For POLICY. - -------------------------------------------------------------------------------------------------------------------------- PAYCHEX, INC. Agenda Number: 933138100 - -------------------------------------------------------------------------------------------------------------------------- Security: 704326107 Meeting Type: Annual Meeting Date: 13-Oct-2009 Ticker: PAYX ISIN: US7043261079 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: B. THOMAS GOLISANO Mgmt For For 1B ELECTION OF DIRECTOR: DAVID J.S. FLASCHEN Mgmt For For 1C ELECTION OF DIRECTOR: GRANT M. INMAN Mgmt For For 1D ELECTION OF DIRECTOR: PAMELA A. JOSEPH Mgmt For For 1E ELECTION OF DIRECTOR: JONATHAN J. JUDGE Mgmt For For 1F ELECTION OF DIRECTOR: JOSEPH M. TUCCI Mgmt For For 1G ELECTION OF DIRECTOR: JOSEPH M. VELLI Mgmt For For 02 RATIFICATION OF THE AUDIT COMMITTEE'S SELECTION Mgmt For For OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. - -------------------------------------------------------------------------------------------------------------------------- PEPSICO, INC. Agenda Number: 933213388 - -------------------------------------------------------------------------------------------------------------------------- Security: 713448108 Meeting Type: Annual Meeting Date: 05-May-2010 Ticker: PEP ISIN: US7134481081 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: S.L. BROWN Mgmt For For 1B ELECTION OF DIRECTOR: I.M. COOK Mgmt For For 1C ELECTION OF DIRECTOR: D. DUBLON Mgmt For For 1D ELECTION OF DIRECTOR: V.J. DZAU Mgmt For For 1E ELECTION OF DIRECTOR: R.L. HUNT Mgmt For For 1F ELECTION OF DIRECTOR: A. IBARGUEN Mgmt For For 1G ELECTION OF DIRECTOR: A.C. MARTINEZ Mgmt For For 1H ELECTION OF DIRECTOR: I.K. NOOYI Mgmt For For 1I ELECTION OF DIRECTOR: S.P. ROCKEFELLER Mgmt For For 1J ELECTION OF DIRECTOR: J.J. SCHIRO Mgmt For For 1K ELECTION OF DIRECTOR: L.G. TROTTER Mgmt For For 1L ELECTION OF DIRECTOR: D. VASELLA Mgmt For For 02 APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS. Mgmt For For 03 APPROVAL OF AMENDMENT TO PEPSICO, INC. 2007 Mgmt For For LONG-TERM INCENTIVE PLAN. 04 SHAREHOLDER PROPOSAL - CHARITABLE CONTRIBUTIONS Shr Against For REPORT (PROXY STATEMENT P. 67) 05 SHAREHOLDER PROPOSAL - RIGHT TO CALL SPECIAL Shr Against For SHAREHOLDERS MEETING (PROXY STATEMENT P. 68) 06 SHAREHOLDER PROPOSAL - PUBLIC POLICY REPORT Shr Against For (PROXY STATEMENT P. 70) - -------------------------------------------------------------------------------------------------------------------------- PRAXAIR, INC. Agenda Number: 933201600 - -------------------------------------------------------------------------------------------------------------------------- Security: 74005P104 Meeting Type: Annual Meeting Date: 27-Apr-2010 Ticker: PX ISIN: US74005P1049 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 DIRECTOR STEPHEN F. ANGEL Mgmt For For NANCE K. DICCIANI Mgmt For For EDWARD G. GALANTE Mgmt For For CLAIRE W. GARGALLI Mgmt For For IRA D. HALL Mgmt For For RAYMOND W. LEBOEUF Mgmt For For LARRY D. MCVAY Mgmt For For WAYNE T. SMITH Mgmt For For ROBERT L. WOOD Mgmt For For 02 PROPOSAL TO RATIFY THE APPOINTMENT OF THE INDEPENDENT Mgmt For For AUDITOR. - -------------------------------------------------------------------------------------------------------------------------- STRYKER CORPORATION Agenda Number: 933206131 - -------------------------------------------------------------------------------------------------------------------------- Security: 863667101 Meeting Type: Annual Meeting Date: 27-Apr-2010 Ticker: SYK ISIN: US8636671013 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR HOWARD E. COX, JR. Mgmt For For SRIKANT M. DATAR Mgmt For For DONALD M. ENGELMAN Mgmt For For LOUISE L. FRANCESCONI Mgmt For For HOWARD L. LANCE Mgmt For For STEPHEN P. MACMILLAN Mgmt For For WILLIAM U. PARFET Mgmt For For RONDA E. STRYKER Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG Mgmt For For LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2010. - -------------------------------------------------------------------------------------------------------------------------- SYSCO CORPORATION Agenda Number: 933149836 - -------------------------------------------------------------------------------------------------------------------------- Security: 871829107 Meeting Type: Annual Meeting Date: 18-Nov-2009 Ticker: SYY ISIN: US8718291078 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For MEETING OF STOCKHOLDERS IN 2012: JONATHAN GOLDEN 1B ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For MEETING OF STOCKHOLDERS IN 2012: JOSEPH A. HAFNER. JR. 1C ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For MEETING OF STOCKHOLDERS IN 2012: NANCY S. NEWCOMB 1D ELECTION OF DIRECTOR TO SERVE UNTIL THE ANNUAL Mgmt For For MEETING OF STOCKHOLDERS IN 2012: KENNETH F. SPITLER 02 TO APPROVE THE 2009 NON-EMPLOYEE DIRECTORS STOCK Mgmt For For PLAN. 03 TO AUTHORIZE AMENDMENTS TO SYSCO'S 2007 STOCK Mgmt For For INCENTIVE PLAN, AS AMENDED. 04 TO APPROVE THE MATERIAL TERMS OF, AND THE PAYMENT Mgmt For For OF COMPENSATION TO CERTAIN EXECUTIVE OFFICERS PURSUANT TO, THE 2009 MANAGEMENT INCENTIVE PLAN, SO THAT THE DEDUCTIBILITY OF SUCH COMPENSATION WILL NOT BE LIMITED BY SECTION 162(M) OF THE INTERNAL REVENUE CODE. 05 TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP Mgmt For For AS SYSCO'S INDEPENDENT ACCOUNTANTS FOR FISCAL 2010. 06 TO CONSIDER AND APPROVE AN ADVISORY PROPOSAL Mgmt Abstain Against RELATING TO THE COMPANY'S EXECUTIVE COMPENSATION PHILOSOPHY, POLICIES AND PROCEDURES. 07 TO CONSIDER A STOCKHOLDER PROPOSAL, IF PRESENTED Shr Against For AT THE MEETING, REQUESTING THAT THE BOARD OF DIRECTORS ADOPT CERTAIN PRINCIPLES FOR HEALTH CARE REFORM. - -------------------------------------------------------------------------------------------------------------------------- T. ROWE PRICE GROUP, INC. Agenda Number: 933196481 - -------------------------------------------------------------------------------------------------------------------------- Security: 74144T108 Meeting Type: Annual Meeting Date: 14-Apr-2010 Ticker: TROW ISIN: US74144T1088 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: EDWARD C. BERNARD Mgmt For For 1B ELECTION OF DIRECTOR: JAMES T. BRADY Mgmt For For 1C ELECTION OF DIRECTOR: J. ALFRED BROADDUS, JR. Mgmt For For 1D ELECTION OF DIRECTOR: DONALD B. HEBB, JR. Mgmt For For 1E ELECTION OF DIRECTOR: JAMES A.C. KENNEDY Mgmt For For 1F ELECTION OF DIRECTOR: BRIAN C. ROGERS Mgmt For For 1G ELECTION OF DIRECTOR: DR. ALFRED SOMMER Mgmt For For 1H ELECTION OF DIRECTOR: DWIGHT S. TAYLOR Mgmt For For 1I ELECTION OF DIRECTOR: ANNE MARIE WHITTEMORE Mgmt For For 02 RATIFICATION OF THE APPOINTMENT OF KPMG LLP Mgmt For For AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2010. - -------------------------------------------------------------------------------------------------------------------------- THE CLOROX COMPANY Agenda Number: 933151627 - -------------------------------------------------------------------------------------------------------------------------- Security: 189054109 Meeting Type: Annual Meeting Date: 18-Nov-2009 Ticker: CLX ISIN: US1890541097 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: DANIEL BOGGAN, JR Mgmt For For 1B ELECTION OF DIRECTOR: RICHARD H. CARMONA Mgmt For For 1C ELECTION OF DIRECTOR: TULLY M. FRIEDMAN Mgmt For For 1D ELECTION OF DIRECTOR: GEORGE J. HARAD Mgmt For For 1E ELECTION OF DIRECTOR: DONALD R. KNAUSS Mgmt For For 1F ELECTION OF DIRECTOR: ROBERT W. MATSCHULLAT Mgmt For For 1G ELECTION OF DIRECTOR: GARY G. MICHAEL Mgmt For For 1H ELECTION OF DIRECTOR: EDWARD A. MUELLER Mgmt For For 1I ELECTION OF DIRECTOR: JAN L. MURLEY Mgmt For For 1J ELECTION OF DIRECTOR: PAMELA THOMAS-GRAHAM Mgmt For For 1K ELECTION OF DIRECTOR: CAROLYN M. TICKNOR Mgmt For For 2 RATIFICATION OF INDEPENDENT REGISTERED PUBLIC Mgmt For For ACCOUNTING FIRM. 3 STOCKHOLDER PROPOSAL ON INDEPENDENT CHAIRMAN Shr Against For - -------------------------------------------------------------------------------------------------------------------------- THE COCA-COLA COMPANY Agenda Number: 933196758 - -------------------------------------------------------------------------------------------------------------------------- Security: 191216100 Meeting Type: Annual Meeting Date: 21-Apr-2010 Ticker: KO ISIN: US1912161007 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 ELECTION OF DIRECTOR: HERBERT A. ALLEN Mgmt For For 02 ELECTION OF DIRECTOR: RONALD W. ALLEN Mgmt For For 03 ELECTION OF DIRECTOR: CATHLEEN P. BLACK Mgmt For For 04 ELECTION OF DIRECTOR: BARRY DILLER Mgmt For For 05 ELECTION OF DIRECTOR: ALEXIS M. HERMAN Mgmt For For 06 ELECTION OF DIRECTOR: MUHTAR KENT Mgmt For For 07 ELECTION OF DIRECTOR: DONALD R. KEOUGH Mgmt For For 08 ELECTION OF DIRECTOR: MARIA ELENA LAGOMASINO Mgmt For For 09 ELECTION OF DIRECTOR: DONALD F. MCHENRY Mgmt For For 10 ELECTION OF DIRECTOR: SAM NUNN Mgmt For For 11 ELECTION OF DIRECTOR: JAMES D. ROBINSON III Mgmt For For 12 ELECTION OF DIRECTOR: PETER V. UEBERROTH Mgmt For For 13 ELECTION OF DIRECTOR: JACOB WALLENBERG Mgmt For For 14 ELECTION OF DIRECTOR: JAMES B. WILLIAMS Mgmt For For 15 RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG Mgmt For For LLP AS INDEPENDENT AUDITORS 16 SHAREOWNER PROPOSAL REGARDING AN ADVISORY VOTE Shr Abstain Against ON EXECUTIVE COMPENSATION 17 SHAREOWNER PROPOSAL REGARDING AN INDEPENDENT Shr Against For BOARD CHAIR 18 SHAREOWNER PROPOSAL REGARDING RESTRICTED STOCK Shr Against For 19 SHAREOWNER PROPOSAL REGARDING A REPORT ON BISPHENOL-A Shr Against For - -------------------------------------------------------------------------------------------------------------------------- THE PROCTER & GAMBLE COMPANY Agenda Number: 933134241 - -------------------------------------------------------------------------------------------------------------------------- Security: 742718109 Meeting Type: Annual Meeting Date: 13-Oct-2009 Ticker: PG ISIN: US7427181091 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: KENNETH I. CHENAULT Mgmt For For 1B ELECTION OF DIRECTOR: SCOTT D. COOK Mgmt For For 1C ELECTION OF DIRECTOR: RAJAT K. GUPTA Mgmt For For 1D ELECTION OF DIRECTOR: A.G. LAFLEY Mgmt For For 1E ELECTION OF DIRECTOR: CHARLES R. LEE Mgmt For For 1F ELECTION OF DIRECTOR: LYNN M. MARTIN Mgmt For For 1G ELECTION OF DIRECTOR: ROBERT A. MCDONALD Mgmt For For 1H ELECTION OF DIRECTOR: W. JAMES MCNERNEY, JR. Mgmt For For 1I ELECTION OF DIRECTOR: JOHNATHAN A. RODGERS Mgmt For For 1J ELECTION OF DIRECTOR: RALPH SNYDERMAN, M.D. Mgmt For For 1K ELECTION OF DIRECTOR: MARY AGNES WILDEROTTER Mgmt For For 1L ELECTION OF DIRECTOR: PATRICIA A. WOERTZ Mgmt For For 1M ELECTION OF DIRECTOR: ERNESTO ZEDILLO Mgmt For For 02 RATIFY APPOINTMENT OF THE INDEPENDENT REGISTERED Mgmt For For PUBLIC ACCOUNTING FIRM 03 AMEND THE COMPANY'S CODE OF REGULATIONS Mgmt For For 04 APPROVE THE PROCTER & GAMBLE 2009 STOCK AND Mgmt For For INCENTIVE COMPENSATION PLAN 05 SHAREHOLDER PROPOSAL #1 - CUMULATIVE VOTING Shr Against For 06 SHAREHOLDER PROPOSAL #2 - ADVISORY VOTE ON EXECUTIVE Shr Abstain Against COMPENSATION - -------------------------------------------------------------------------------------------------------------------------- UNITED TECHNOLOGIES CORPORATION Agenda Number: 933195530 - -------------------------------------------------------------------------------------------------------------------------- Security: 913017109 Meeting Type: Annual Meeting Date: 14-Apr-2010 Ticker: UTX ISIN: US9130171096 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR LOUIS R. CHENEVERT Mgmt For For JOHN V. FARACI Mgmt For For JEAN-PIERRE GARNIER Mgmt For For JAMIE S. GORELICK Mgmt For For CARLOS M. GUTIERREZ Mgmt For For EDWARD A. KANGAS Mgmt For For CHARLES R. LEE Mgmt For For RICHARD D. MCCORMICK Mgmt For For HAROLD MCGRAW III Mgmt For For RICHARD B. MYERS Mgmt For For H. PATRICK SWYGERT Mgmt For For ANDRE VILLENEUVE Mgmt For For CHRISTINE TODD WHITMAN Mgmt For For 02 APPOINTMENT OF THE FIRM OF PRICEWATERHOUSECOOPERS Mgmt For For LLP AS INDEPENDENT AUDITOR. 03 SHAREOWNER PROPOSAL: ADVISORY VOTE ON EXECUTIVE Shr Abstain Against COMPENSATION - -------------------------------------------------------------------------------------------------------------------------- WATERS CORPORATION Agenda Number: 933218756 - -------------------------------------------------------------------------------------------------------------------------- Security: 941848103 Meeting Type: Annual Meeting Date: 11-May-2010 Ticker: WAT ISIN: US9418481035 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1 DIRECTOR JOSHUA BEKENSTEIN Mgmt For For MICHAEL J. BERENDT, PHD Mgmt For For DOUGLAS A. BERTHIAUME Mgmt For For EDWARD CONARD Mgmt For For LAURIE H. GLIMCHER, MD Mgmt For For CHRISTOPHER A. KUEBLER Mgmt For For WILLIAM J. MILLER Mgmt For For JOANN A. REED Mgmt For For THOMAS P. SALICE Mgmt For For 2 TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS Mgmt For For LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2010 * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) The Jensen Portfolio, Inc By (Signature) /s/ Rob McIver Name Rob McIver Title President Date 08/19/2010