MARKEL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit • February 28th, 2013 • Markel Corp • Fire, marine & casualty insurance • Virginia
MARKEL CORPORATION (the "Company") grants you (the “Participant”) the opportunity to receive restricted stock units ("Units"). The number of Units will be based on performance conditions as specified below. Until the Vesting Date, except as specifically provided below, the Units are forfeitable and nontransferable. The Compensation Committee of the Company's Board of Directors (the "Committee") will administer this Agreement and any decision of the Committee will be final and conclusive. Capitalized terms not defined herein have the meanings provided in the Markel Corporation 2012 Equity Incentive Compensation Plan (the “Plan”).
MARKEL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENTAward Agreement • February 28th, 2013 • Markel Corp • Fire, marine & casualty insurance • Virginia
MARKEL CORPORATION (the "Company") grants you (the “Participant”) ___ restricted stock units ("Units"). Until the Vesting Date, except as specifically provided below, the Units are forfeitable and nontransferable. The Compensation Committee of the Company's Board of Directors (the "Committee") will administer this Agreement and any decision of the Committee will be final and conclusive. Capitalized terms not defined herein have the meanings provided in the Markel Corporation 2012 Equity Incentive Compensation Plan (the “Plan”).
