0001193125-13-226142 Sample Contracts

MARKEL CORPORATION RESTRICTED STOCK UNIT AWARD AGREEMENT
Award Agreement • May 17th, 2013 • Markel Corp • Fire, marine & casualty insurance

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”).

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