MARKEL GROUP INC. LONG-TERM SERVICE RESTRICTED STOCK UNIT AWARD AGREEMENTLong-Term Service Restricted Stock Unit Award Agreement • May 1st, 2024 • Markel Group Inc. • Fire, marine & casualty insurance
MARKEL GROUP INC. (the "Company") grants you (“you” or the “Participant”) XX restricted stock units ("Units"). Until the Vesting Date stated above, these Units are forfeitable and nontransferable, except as specifically provided in this Award Agreement. The Compensation Committee of the Company’s Board of Directors (the "Committee") or its authorized delegate will administer this Agreement and its decisions will be final. Any capitalized terms not defined in this Award Agreement will have the meanings provided in the Markel Group Inc. Equity Incentive Compensation Plan in effect at the time of the grant (the “Plan”).
MARKEL GROUP INC. PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENTPerformance-Based Restricted Stock Unit Award Agreement • May 1st, 2024 • Markel Group Inc. • Fire, marine & casualty insurance
MARKEL GROUP INC. (the "Company") grants you (“you” or the “Participant”) the opportunity to receive restricted stock units ("Units"). The number of Units you may receive will be based on performance conditions as set forth in Schedule A – Performance Conditions. Until the Vesting Date stated above, these Units are forfeitable and nontransferable, except as specifically provided in this Award Agreement. The Compensation Committee of the Company’s Board of Directors (the "Committee") or its authorized delegate will administer this Agreement and its decisions will be final. Any capitalized terms not defined in this Award Agreement will have the meanings provided in the Markel Group Inc. Equity Incentive Compensation Plan in effect at the time of the grant (the “Plan”).
