Document:

DESCRIPTION OF AWARDS UNDER EXECUTIVE BONUS PLAN

 Exhibit 10.6 
 Description of Awards under Executive Bonus Plan 
 In addition to base salary, Markel
Corporation (the “Company”) maintains an Executive Bonus Plan that has been approved by shareholders. The plan is designed so that payments will not be subject to the $1,000,000 deduction limit under Section 162(m) of the Internal
Revenue Code. 
 The plan is administered by the Compensation Committee (or a sub-committee thereof) of the Board of Directors. The Committee
has the power and complete discretion to select eligible employees to receive awards and to determine the type of award and its terms and conditions. All present and future executive officers of the Company whom the Committee determines to have
contributed or who can be expected to contribute significantly to the Company are eligible to receive awards under the plan. Messrs. Alan I. Kirshner, Anthony F. Markel, Steven A. Markel, Paul W. Springman, Thomas S. Gayner and Richard R.
Whitt, III are the only executive officers currently eligible for awards under the plan. 
 Awards are subject to the achievement of pre-established performance goals and are administered to comply with the requirements of Section 162(m). Performance goals relate to growth in book value. The Committee sets the amounts payable
under each performance award. The employee receives the appropriate payment at the end of the performance period if the performance goals and other terms and conditions of the award are met. Awards are payable in cash. The aggregate maximum cash
amount payable under the plan to any employee in any year cannot exceed the lesser of 250% of base salary or $2,500,000. Any performance award must be made before the 90th day of the period for which the performance award relates and before the completion of 25% of such period. 
 The Board can amend or terminate the plan at any time, except that only shareholders can approve amendments that would (i) materially change or impact which employees are eligible to participate or (ii) materially change the
benefits that eligible employees may receive under the plan. However, the Board can amend the plan as necessary and without shareholder approval to ensure that the plan continues to comply with Section 162(m). 
 Messrs. Alan I. Kirshner, Anthony F. Markel, Steven A. Markel, Paul W. Springman, Thomas S. Gayner and Richard R. Whitt, III are eligible to
receive awards under the plan, expressed as a percentage of base salary, based on a five-year average of the compound growth in book value per share of common stock as reflected in the schedule below. Book value calculations are subject to
adjustment to reflect changes in accounting principles, stock repurchases and capital or other transactions which may impact reported book value per share. 

 The schedule below shows potential bonus awards under the plan, expressed as a percentage of base salary.

  

			
	 Average Compound Growth
 In Book Value Per Share
	 	 Bonus as % of Base
 Salary under the Plan

	 Under 11%
	 	0%
	 11%
	 	50%
	 12%
	 	60%
	 13%
	 	70%
	 14%
	 	80%
	 15%
	 	90%
	 16%
	 	100%
	 17%
	 	125%
	 18%
	 	150%
	 19%
	 	175%
	 20%
	 	200%
	 21%
	 	200%*

  

	*	In the case of performance at or above this level, the award will be 200% of Base Salary and may, in the discretion of the Committee, be higher.2007 Non Qualified Stock Option Agreement

 Exhibit 10.2 
 CENTRAL EUROPEAN DISTRIBUTION CORPORATION 
 2007 NON-QUALIFIED STOCK OPTION AGREEMENT

 This Stock Option Agreement (the “Option Agreement”) is made as of [    ], by and between Central
European Distribution Corporation (CEDC), a Delaware corporation (the “Company”) and [    ], Director of the Company (the “Optionee”). 
 WHEREAS, the Board of Directors of the Company (the “Board”) has duly adopted, and the shareholders of the Company have approved, the
2007 Stock Incentive Plan, as amended (the “Plan”), a copy of which has been made available to the Optionee, which provides for the grant of Options to eligible individuals for the purchase of shares of the Company’s Stock (as
such terms are defined in the Plan); 
 WHEREAS, the Company has determined that it is desirable and in its best interests to grant to the
Optionee, pursuant to the Plan, an option to purchase a certain number of shares of Stock in order to provide the Optionee with an incentive to advance the interests of the Company, all according to the terms and conditions set forth herein;

 NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties agree as follows: 
 1. Grant of Option. The provisions of the Plan are incorporated by reference herein and terms used in this Agreement that are defined in the
Plan shall have the meanings assigned to them in the Plan. Subject to the terms of the Plan, the Company hereby grants to the Optionee an Option to purchase from the Company [    ] shares of Stock, all of which will be
exercisable on [one or two years after the Grant Date]. The Option shall not constitute an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). 

2. Price. The Option Price of each Option is the closing price of the CEDC Stock on [    ]. Payment for Shares
purchased under the Plan shall be made in cash or cash equivalents. 
 3. Exercise of Option. The Options may be exercised as
follows: 
 A. Time of Exercise of Options. The grant to Optionee of the Option to purchase from the Company [    ]
Shares will be exercisable on [    ]. Any of the Options not exercised within ten years after the Grant Date shall be terminated and become null and void. 
 B. Exercise by Optionee. During the lifetime of the Optionee, only the Optionee (or, in the event of the Optionee’s legal incapacity or
incompetence, the Optionee’s guardian or legal representative) may exercise the Option. If Optionee’s directorship with CEDC terminates by reason of death, Options not then vested, if any, will fully vest and may be exercised within 24
months after such death. If the Optionee’s directorship terminates by reason of the Optionee’s “permanent and total disability” (within the meaning of Section 22(e)(3) of the Code), the 

 
Options not then vested, if any, will continue to vest and will be exercisable to the extent vested for a period of one year after the termination of
directorship. If the Optionee’s directorship terminates for any other reason, Options not then vested will terminate and vested options held by such Optionee will terminate 90 days after such termination. 
 4. Method of Exercise of Options. The Options may be exercised in accordance with the provisions of Section 11.9 of the Plan.

 5. Limitations on Transfer. The Options are not transferable by the Optionee other than by will or the laws of descent and
distribution in the event of death of the Optionee and shall not be pledged or hypothecated (by operation of law or otherwise) or subject to execution, attachment or similar processes; provided, however, these non-qualified stock options may be
transferred to a “family member” of the Optionee, as defined in a manner consistent with the requirements for the Form S-8 registration statement under the Securities Act of 1933, provided that [(x) there may be no consideration for any
such transfer, and (y)] subsequent transfers of transferred Options are prohibited except by will or the laws of descent and distribution upon the death of the transferee. 
 6. Rights as Shareholder. Neither the Optionee nor any person entitled to exercise the Optionee’s rights in the event of the
Optionee’s death shall have any of the rights of a shareholder with respect to any Shares subject to this Option except to the extent the certificates for such Shares shall have been issued upon the exercise of the Option. 
 7. General Restrictions. The Company shall not be required to sell or issue any Shares under the Options if the sale or issuance of such
Shares would constitute a violation by the individual exercising the Options or by the Company of any provision of any law or regulation of any governmental authority, including without limitation any federal or state securities laws or regulations.
If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of any Shares subject to the Options upon any securities exchange or under any state or federal law, or governmental regulatory body, is
necessary or desirable as a condition of, or in connection with, the issuance or purchase of Shares hereunder, the Options may not be exercised in whole or in part unless such listing, registration, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Company, and any delay caused thereby shall in no way affect the date of termination of the Option. Specifically in connection with the Securities Act of 1933, upon notice of exercise
of any Option, unless a registration statement under such Act is in effect with respect to the Shares covered by such Option, the Company shall not be required to sell or issue such Shares unless the Committee has received evidence satisfactory to
it that the holder of such Option may acquire such Shares pursuant to an exemption from registration under such Act. Any determination in this connection by the Committee shall be final, binding, and conclusive. The Company may, but shall in no
event be obligated to, register any securities covered hereby pursuant to the Securities Act of 1933. The Company shall not be obligated to take any affirmative action in order to cause the exercise of the Options or the issuance of Shares pursuant
hereto to comply with any law or regulation of any governmental authority. As to any jurisdiction that expressly imposes the requirement that the Options shall not be exercisable 

 
unless and until the Shares covered by the Options are registered or are subject to an available exemption from registration, the exercise of the Options
(under circumstances in which the laws of such jurisdiction apply) shall be deemed conditioned upon the effectiveness of such registration or the availability of such an exemption. 
 8. Governing Law. This Option Agreement is executed pursuant to and shall be governed by the laws of the State of Delaware (but not
including the choice of law rules thereof). 
 9. Binding Effect. Subject to all restrictions provided for in this Option
Agreement and the Plan, and by applicable law, relating to assignment and transfer of this Option Agreement and the Options, this Option Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs,
executors, administrators, successors, and assigns. 
 10. Notice. An option that is exercisable may be exercised by the
Optionee’s delivery to the Company of written notice of exercise on any business day, at the Company’s principal office, addressed to the attention of the Committee. Such notice shall specify the number of shares of Stock with respect to
which the Option is being exercised and shall be accompanied by payment in full of the Option Price of the shares for which the Option is being exercised. 
 11. Entire Agreement. This Option Agreement constitutes the entire agreement and supersedes all prior understandings and agreements, written or oral, of the parties hereto with respect to the subject
matter hereof. Neither this Option Agreement nor any term hereof may be amended, waived, discharged or terminated except by a written instrument signed by the Company and the Optionee; provided, however, that the Company unilaterally may
waive any provision hereof in writing to the extent that such waiver does not adversely affect the interests of the Optionee hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or a waiver
of any other provision hereof. 
  

 IN WITNESS WHEREOF, the parties hereto have duly executed this Option Agreement, or caused this Option
Agreement to be duly executed on their behalf, as of the day and year first above written. 
  

			
	CENTRAL EUROPEAN DISTRIBUTION CORPORATION
		
	By:	 	  

		 	James Archbold
	Title:	 	Corporate Secretary
	
	OPTIONEE:
	
	  

	
	ADDRESS FOR NOTICE TO OPTIONEE:

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