Markel definition

Markel means Markel Corporation, a Virginia corporation 3.15 “Offering” shall mean an offer under the Plan to purchase shares of Stock on a Purchase Date. An Offering may be an Offering under the Qualified Plan Component (a “Qualified Offering”) or under the Non-Qualified Plan Component (a “Non-Qualified Offering”). 3.16 “Offering Period” shall mean a period established by the Administrator during which Contributions shall be made pursuant to an Offering under the Plan. Unless otherwise established by the Administrator prior to the beginning of a Qualified Offering, all Offering Periods for Qualified Offerings (“Qualified Offering Periods”) shall be approximately the length of a calendar quarter, and shall begin on the first business day of a calendar quarter and shall end on the last business day of the same calendar quarter. The first Qualified Offering Period shall begin on July 1, 2020 and end on September 30, 2020. Unless otherwise established by the Administrator prior to the beginning of a Non-Qualified Offering, all Offering Periods for Non- Qualified Offerings (“Non-Qualified Offering Periods”) shall be approximately the length of a month, and shall begin on the first business day on or after the sixteenth (16th) day of a calendar month and shall end on the last business day on or before the fifteenth (15th) day of the following calendar month; provided that the first Non-Qualified Offering Period shall begin on July 1, 2020 and end on July 15, 2020. In no event shall any Offering Period exceed twenty seven (27) months. 3.17 “Option” shall mean a Participant’s right to purchase shares of Stock in an Offering under the Plan, in accordance with and subject to the terms of such Offering. 3.18 “Participant” shall mean, for each Offering, an Eligible Employee or Director who has satisfied the requirements set forth in section 7 to participate in such Offering. A Participant who is an Eligible Employee is referred to as an “Employee Participant” and a Participant who is a Director is referred to as a “Director Participant.” 3.19 “Participating Employer” shall mean, for each Employee Participant as of any date, Markel or a Designated Subsidiary, whichever employs the Employee Participant as of such date. 3.20 “Payroll Deduction Authorization” shall mean the participation election and payroll deduction authorization form which an Eligible Employee shall be required to properly complete and timely file with the Administrator to participate in the Plan for the rel...
Sample 1
Markel means Markel Corporation, a Virginia corporation
Sample 1
Markel means Markel Corporation or any successor entity that assumes Markel’s obligations under the Plan.
Sample 1

Examples of Markel in a sentence

  • If your problem cannot be resolved in this way, please write to the Claims Manager, Professional Liability Division, Markel International Limited, The Markel Building, 49 Leadenhall Street, London, EC3A 2EA.

  • Our Business Interruption and Tax Enquiry services are fully backed by an Insurance Policy which we have taken out with Markel Tax.

  • Our original name of Markel Service of Canada Limited was subsequently changed to Markel Financial Holdings Limited and, in May 1987, to our current name of Fairfax Financial Holdings Limited.

  • We/Our/Us Markel International Insurance Company Limited trading as Markel Legal Expenses Insurance, 20 Fenchurch Street, London EC3M 3AZ.

  • Markel American Insurance Company is hereby authorized to make any investigation and inquiry in connection with this application it deems necessary.

  • For the base case detached house built in 2012, the ground floor has 1102 overheating hours and 2935 degree hours, and the first floor has 528 overheating hours and 1607 degree hours.Figure 7 depicts a summary of the simulation results for the detached house built in the 1970s.

  • Segment profit for the Markel Ventures segment includes amortization of intangible assets attributable to Markel Ventures.

  • Markel Corporation is a diverse financial holding company serving a variety of niche markets.

  • Markel H, Lipman HB, Navarro JA, Sloan A, Michalsen JR, Stern AM, et al.

  • Segment profit for the Markel Ventures segment is measured by operating income.

Related to Markel

  • Brands means the Sprint PCS Brands and the Sprint Brands.

  • CHESS means the Clearing House Electronic Subregister System.

  • The Company means save as otherwise defined at Article 6.9 the company intended to be regulated by these Articles and referred to in Article 2;

  • MCH means the Maternal and Child Health Service provided by a council to support the health and development of children within the municipality from birth until school age

  • Enterprises means DTE Enterprises, Inc., a Michigan corporation wholly-owned by the Borrower.

  • Company has the meaning set forth in the Preamble.

  • MREL means the Minimum Requirement for own funds and Eligible Liabilities as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms (as amended from time to time).

  • Dean means the head of a faculty of the University;

  • PPL means a petroleum production licence granted pursuant to the Petroleum Act;

  • Platinum means elemental platinum having an atomic weight of 195.09 and the chemical element symbol of Pt, whether found by itself or in combination with its alloys or any other metal.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Summit means the Summit of the Heads of State or Government of SADC established by Article 9 of this Treaty;

  • Hunt means to pursue, shoot, wound, kill, chase, lure, possess, or capture or the act of a person possessing a weapon, as defined in 45-2-101, or using a dog or a bird of prey for the purpose of shooting, wounding, killing, possessing, or capturing wildlife protected by the laws of this state in any location that wildlife may inhabit, whether or not the wildlife is then or subsequently taken. The term includes an attempt to take by any means, including but not limited to pursuing, shooting, wounding, killing, chasing, luring, possessing, or capturing.

  • Beacon means a highway traffic signal with one or more signal sections that operate in a flashing mode. (ORC 4511.01(KKK))

  • SAHRC means the South African Human Rights Commission.

  • DGS&D means Directorate General of Supplies and Disposals

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • Dte. GHS means Directorate General and Health Services, MOH&FW.

  • GVWR means gross vehicle weight rating.

  • Topcoat means a coating that is applied over a primer on an aerospace vehicle or component for appearance, identification, camouflage, or protection. Topcoats that are defined as specialty coatings are not included under this definition.

  • CHS means Code Xxxxxxxx & Xxxxxxx IV LP, a Delaware limited partnership.

  • Salmon means Pacific Salmon of the species Oncorhynchus nerka including sockeye; Oncorhynchus kisutch including coho; Oncorhynchus gorbuscha including pink; Oncorhynchus keta including chum; and Oncorhynchus tshawytcha including chinook; anadromous whitefish and cisco (Coregonidae spp.); and anadromous Arctic char (Salvelinus alpinus).

  • capital goods means goods, the value of which is capitalised in the books of account of the person claiming the input tax credit and which are used or intended to be used in the course or furtherance of business;

  • SBS means the New York City Department of Small Business Services.