Exhibit 10.15(i)

MARKEL CORPORATION
    
PERFORMANCE-BASED RESTRICTED STOCK UNIT
AWARD AGREEMENT

AWARDED TO

AWARD DATE

VESTING SCHEDULE 1
XXXXX
XXXXX
VESTING
PERCENTAGE
 
 
DATE
XXXXX
OF UNITS
100%

MARKEL CORPORATION (the "Company") grants you (the “Participant”) the
opportunity to receive restricted stock units ("Units"). The number of Units
will be based on performance conditions as specified below. Until the Vesting
Date stated above, 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 2016 Equity
Incentive Compensation Plan (the “Plan”).

The terms of the award are:

1.
Performance Conditions: The performance conditions are set forth on Exhibit A.
Upon certification by the Committee of the completion of the performance
conditions, the dollar equivalent of the percentage of salary will be
determined. The Participant will receive a number of Units determined by
dividing the dollar equivalent by the Fair Market Value of a share of Company
Stock on the date that the completion of the performance conditions is certified
by the Committee or its designee (the “Determination Date”). No Units will be
awarded hereunder if the Participant separates from service for any reason
before the Determination Date.

2.
Vesting for Units. If the Participant has not separated from service before the
Vesting Date, the Units will become vested and non-forfeitable, and the Company
will issue to the Participant for each vested Unit a share of Company Stock on
that date (or such later date as may be elected by the Participant pursuant to a
valid deferral election in accordance with procedures determined by the Company)
or, in either case, as soon as administratively practicable (but in any event no
later than 90 days) thereafter.

3.
Forfeiture of Units. If the Participant separates from service before the
Vesting Date in circumstances other than as described in (a)-(d) below, any
unvested Units will be forfeited. If the Participant separates from service as
set forth in (a) or (b) below, the unvested Units will become fully vested and
non-forfeitable, and shares will be issued on the date on which the
Participant’s death, Disability, or separation occurs or as soon as
administratively practicable (but in any event no later than 90 days)
thereafter, subject in the case of subsection (b) to Section 5 below.

1 If necessary or appropriate to ensure orderly administration of the Company’s
payroll and tax reporting obligations, the Company may accelerate vesting and
payment of restricted stock units up to a maximum of thirty days before the date
on which such restricted stock units would otherwise have vested and been paid.

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If the Participant separates from service before the Vesting Date in the
circumstances set forth in (c) below, the number of Units set forth in this
Award will be vested on a pro rata basis based on a fraction of the number of
whole months from January 1 of the calendar year following the calendar year in
which the Award Date occurs until the date of termination divided by 36, and
shares will be issued on the otherwise applicable Vesting Date, subject to
Section 5 below. Any remaining unvested Units will be forfeited as of the date
of separation; except that a Participant who separates from service or whose
employment is interrupted, in both instances, due to military service as
provided in (c) below and who returns to employment with the Company upon
cessation of such military service before the otherwise applicable Vesting Date
will vest in any remaining unvested Units if employed on the Vesting Date. If
the Participant separates from service before the Vesting Date in the
circumstance set forth in (d) below, the unvested Units will become fully vested
and non-forfeitable, and shares will be issued on the otherwise applicable
Vesting Date, subject to Section 5 below.

(a)
The Participant separates from service due to death or Disability;

(b)
The Participant separates from service after turning 55 years old and, at the
time of separation, has at least 10 consecutive years of service with the
Company or its subsidiaries since the Participant’s most recent hire date;

(c)
The Participant separates from service or his employment is interrupted due to
military service; or

(d)
Paragraphs (a) and (b) do not apply, but the Committee or its designee so
authorized determines that forfeiture should not occur because the Participant
had an approved separation from service. The Committee or its designee so
authorized will in his or her sole discretion determine whether or not to apply
this provision.

    
4.
Change in Control. Any unvested Units will become fully vested and
non-forfeitable if, within 12 months after a Change in Control, the Participant
separates from service due to Involuntary Termination. For this purpose,
Involuntary Termination means that the Participant’s employment is involuntarily
terminated without Cause or the Participant terminates his employment for Good
Reason. In either case, shares will be issued for such Units on the otherwise
applicable Vesting Date, subject to Section 5 below.

5.
Six Month Delay for Specified Employees. With respect to a Participant who
separates from service before the Vesting Date as set forth in Sections 3(b),
(c), or (d) above or in Section 4, if such Participant is a “specified employee”
(as defined in Section 409A(a)(2)(B)(i) of the Code and the generally applicable
Internal Revenue Service guidance thereunder) on the date of his separation,
then, notwithstanding anything in Sections 3 or 4 to the contrary, no shares
will be issued for his Units until the date that is six months after the date of
his separation (or until the date of his death, if earlier). Any shares which
the Participant would otherwise have been entitled to receive during the first
six months following the date of his separation will be issued instead on the
date which is six months after the date of his separation (or on the date of his
death, if earlier). Whether the Participant is a “specified employee” will be
determined under guidelines established by the Company for this purpose.

6.
Separation from Service Defined. References throughout this Agreement to the
Participant’s “separation from service” and variations thereof will have the
meaning set forth in Section 1.409A-1(h) of the Treasury Regulations, as amended
from time to time, applying the default terms thereof.

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7.
Forfeiture and Restitution. If during the period of the Participant’s employment
and one year thereafter, the Participant (1) becomes associated with, recruits
or solicits customers or other employees of the Employer for, is employed by,
renders services to, or owns any interest in (other than any non-substantial
interest, as determined by the Committee) any business that is in competition
with Markel or its Subsidiaries, (2) has his employment terminated by his
Employer for Cause, (3) discloses the terms of this Agreement to any person
other than, on a confidential basis, to his spouse, attorneys, accountants or
financial advisors or in response to a court order, or (4) engages in, or has
engaged in, conduct which the Committee determines to be detrimental to the
interests of Markel, the Committee may, in its sole discretion, (A) cancel this
Award, and/or (B) require the Participant to repay by delivery of an equivalent
number of shares any payment received under this Award within the previous two
years. In addition, this Award shall be subject to any recoupment or clawback
policy that is adopted by, or applicable to, the Company, pursuant to any
requirement of law or any exchange listing requirement related to clawback or
other recovery of incentive compensation. The provisions of this Section 7 are
material consideration for this Award, which would not have been granted had
Participant not agreed to them.

   
8.
Transfer Restrictions. The Participant’s rights to the Units are not subject to
sale, assignment, transfer, pledge, hypothecation or encumbrance.

9.
Tax Withholding. Unless alternative arrangements satisfactory to the Company are
made, the Company will withhold from the payment for the vested Units shares
with a Fair Market Value equal to the minimum amount of any foreign, federal,
state, or local income, employment or other taxes imposed on the payment
required to be withheld by law. The Fair Market Value will be determined on the
Vesting Date.

10.
Binding Effect. Subject to the limitations stated above, this Agreement will be
binding upon and inure to the benefit of the Participant's legatees,
distributees, and personal representatives and the successors of the Company.

11.
Change in Capital Structure. The Units will be adjusted as the Committee
determines is equitably required in the event of a dividend in the form of
stock, spin-off, stock split-up, subdivision or consolidation of shares of
Company Stock or other similar changes in capitalization.

12.
Interpretation. This Agreement will be construed under and be governed by the
laws of the Commonwealth of Virginia. THE UNITED STATES DISTRICT COURT FOR THE
EASTERN DISTRICT OF VIRGINIA OR THE CIRCUIT COURT FOR THE COUNTY OF HENRICO WILL
HAVE EXCLUSIVE JURISDICTION OVER ANY DISPUTES ARISING OUT OF OR RELATED TO THE
PLAN OR THIS AGREEMENT.

13.
Code Section 409A. This Agreement is intended to comply with the applicable
requirements of Sections 409A(a)(2) through (4) of the Code, and will be
interpreted to the extent context reasonably permits in accordance with this
intent. The parties agree to modify this Agreement or the timing (but not the
amount) of any payment to the extent necessary to comply with Section 409A of
the Code and avoid application of any taxes, penalties, or interest thereunder.
However, in the event that any amounts payable under this Agreement are subject
to any taxes, penalties or interest under Section 409A of the Code or otherwise,
the Participant will be solely liable for the payment thereof.

14.
By accepting any benefits under this Agreement, Participant is accepting all the
provisions hereof, including without limitation Section 7 hereof.

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IN WITNESS WHEREOF, the Company has caused this Agreement to be signed as of the
award date shown above.

MARKEL CORPORATION

By: _____________________________
Richard R. Whitt, III
Co-Chief Executive Officer

By: _____________________________
Thomas S. Gayner
Co-Chief Executive Officer

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