0001193125-10-129450 Sample Contracts

SHARE EXCHANGE AGREEMENT
Share Exchange Agreement • May 26th, 2010 • Markel Corp • Fire, marine & casualty insurance • Virginia

THIS SHARE EXCHANGE AGREEMENT, dated as of May 14, 2010 (the “Agreement”), is by and among Markel Ventures, Inc., a Virginia corporation (“Ventures”), AMF Holdco, Inc., a Virginia corporation (“AMF Holdco”), the shareholders of AMF Holdco set forth in Schedule A (each a “Shareholder” and collectively the “Shareholders”) and, solely for the limited purposes expressly set forth below, Markel Corporation, a Virginia corporation (“Markel”).

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