Performance Unit Award Agreement Under the W. R. Berkley Corporation 2014 Long- Term Incentive PlanPerformance Unit Award Agreement • May 12th, 2014 • Berkley W R Corp • Fire, marine & casualty insurance • Delaware
THIS AGREEMENT, effective January 1, 2014, represents an Award of Performance Units by W. R. Berkley Corporation (the “Company”), to the Participant named below, pursuant to the provisions of the W. R. Berkley Corporation 2014 Long-Term Incentive Plan (the “Plan”). The value of the Performance Units will be determined based on the increase in the Company’s Book Value Per Share during the Performance Cycle, as determined below.
