Loading...
HomeMy WebLinkAbout2017-1461 2 3 4 5 6 7 8. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2017-146 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AUTHORIZING THE CITY MANAGER TO PURCHASE THE CITY'S PROPERTY, AUTO, AND CYBER SECURITY INSURANCE POLICY FOR POLICY TERM JULY 31, 2017 — JULY 31, 2018 BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The City Manager or his or her designee is hereby authorized and directed to purchase the Property, Auto, and Cyber Liability Insurance Policy for policy term July 31, 2017 — July 31, 2018, according to the municipal placements proposed renewal documents attached hereto as "Exhibit A." SECTION 2. The Director of Finance or his designee is hereby authorized to issue a Purchase Order to AON Risk Insurance Services West, Inc. for the Property, Auto, and Cyber Liability Insurance Policy for a total amount of $844,106.79. SECTION 3. The authorization granted hereunder shall expire and be void and of no further effect if the purchase is not executed within sixty (60) days following the effective date of this Resolution. 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AUTHORIZING THE CITY MANAGER TO PURCHASE THE CITY'S PROPERTY, AUTO, AND CYBER SECURITY INSURANCE POLICY FOR POLICY TERM JULY 31, 2017 — JULY 31, 2018 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and City Council of the City of San Bernardino at a Joint Regular Meeting thereof, held on the 2nd day of August 2017, by the following vote, to wit: Council Members: MARQUEZ BARRIOS VALDIVIA SHORETT NICKEL RICHARD MULVIHILL AYES NAYS X x x X(S) XM X X ABSTAIN ABSENT -11)��47 /All a4olt , George C Hanna, C, City Clerk z0 The foregoing Resolution is hereby approved this 2nd day of August 2017. Approved as to form: Gary D. Saenz, City Attorney By: 2 R. Carey Davil, Mayor City of San B rnardino EM 0 O 'L 2LU � V O +r mLM CLco 40 r� N O Vhf N �, �a)o 0 75 i 'U N Q. ^ � U)I� Q d O o _ N co .2! L- v. �- N3: <C: c, ( ]0 � J r/ a G Q N Ln LO C4 00 00 01 O� r -I rq �M-1 e^•i iw-I N 7 O M me 111 � N C c c c c c 'O m O ul a L wl C.2 O -a O 3 0 �c (A O V, Q E E t/1 _7 E d a^-1 w O_ ° d ua, (V E E U e-1 CC C Ln L C o = U C u _ 0 rV � X g knQ C U C a) w LnN w & x W c -I M O N X O y V °' A x W v N -I- a ta 0 _ V �- a ° Q O .- CG L'T 4- Za `� L V io V1 N E- c W �, a O +O+ a! 0 E m ate' •L aJ N C O Q N E aJ F- y LA C m Q -o C •L a! V1 C O Q a) N to Q li 40 C cu E L a O. 7 V1 C O Q Cf �. 'C c a� L o Q O O O CJ C p m 7 Cf aJ m 4- o N w p 0 U N M me 111 to N C c c c c c 'O O O O O O O Ira Ira CD Q. CL N N N N h VO1 Q N a1 H V Y m LA C L, v "O LA t O C H a) = m� N O = O u m in O 0 v L Q m C u_ m y E L j O Q N �O N � N cu •� N t a) O N ++ w O N L aJ 3 Q :Z_ m O C N .V ++ N - O O — Q L _ 41 = N 0 > N O .� 'C •� u In O O L al -a aJ m -� m .; O U bo u C Q p 12 -C U 0a. w C L Q -O O m 7 L u a o V O w o iN OQ �tn O QM u _ c O N � a) o -= x fa 4�m 7 O L L, M w ` a' +, w 0 m m 41 O N — L. v o � _ +,= Eo E o 10 aVi m 41 U m 0 M L N y N � O N 0 N 0-0- Oo E - -O41 w .N pOp m U al m i t t L u O N41 al '- Q i ca O Q "C U 6 U N au c fl. w Nm w Q " O Q E ° ° c -a V = N v,., m ,_ -0 c Wo a, U 4�_ 4t C C ++ 4+ 4-+ o tan C O 41 N E E L -0 u u o t C O O 4-- H m 'o 'C m t t 0 4 m tnN a� u C a a # 2 d 9 9CA o 9 Ln q% o R o o m L CA � @ q� F, 0 0 0F, ¥ # q m L M m V g k q E o kT-1 v �k E� m k k q ; Ln ko o m o m q Lm LLJ C 3 200 n LLLL r � q M o � � cc a LU ¢ z CC Lu 2 O aj LL 0 CC -J o. � ■ Q E £ z LA Z ■ @ ` e � 2 � � » 2 w a- w S Z r | qui � \ m 2 �f-0 k� 0fes b CL / �± #�� 2 % M o 06 M ©u tio 4 / 7� t > m > W 0 / m tw Lm k / oc ƒ E m 41� -0 /R 41 E a q E m ��8 2 E >u E4k �ƒ U -u M © 2 m $ 4-1 0- °m § j k r b OD k � k 0 2 2 m -0 e > m o 41 » uu ( e° ' �: CL k/ wIV4) ƒ R F: -0 \ Co § m 41� k E ' %a mcba 0= »' m0 CL U-5&= 0 m 41 F a 41 w / > 2 § i ¢ 2% X32 3 Ln L o k/ k CA E k 4 t § / ( \ q 41 w� \ j ) �2 k \ u af 06/ d f / \ $ m 0 x CL Co 4_ £ g W 41 a � -1-i o' $ r § E -,CL 2 E 0 4 w mmk =mom OL ak > m / S ° V ® u g a o 41 a m / & LEI» 0 a a # 2 d 9 9CA o 9 Ln q% o R o o m L CA � @ q� F, 0 0 0F, ¥ # q m L M m V g k q E o kT-1 v �k E� m k k q ; Ln ko o m o m q Lm LLJ C 3 200 n LLLL r � q M o � � cc a LU ¢ z CC Lu 2 O aj LL 0 CC -J o. � ■ Q E £ z LA Z ■ @ ` e � 2 � � » 2 w a- w S Z r | qui � m C U O O 4J 3 O 01 N _O L m h M o � s c T '^ O 0J L 41 m a w 1 r� O N 00 t � m � C:) L L- t4 c 'L O O U U dA 0 m N C U 0 S E a, v o 4- a o 00(u C C C C M U 41 .0 c a m _ O u tines S 'E c :L E O X !Z W S m E +' ' U 0 m m w 3 LA a on M c c u (U C L L 01 U Q S -a *' w E. L °4 v 0c O 0 0 0 U � O O 00 00 00 00 r�l p N N N N rd -I m C1 W lLnD rcniN M -I N W N 00 lD r e -I Ln LL LL 00 r -I O N RtN O ZA LU Z cn, 4 4A. n 0o' � m V-4 W 00 Ln �" M m -ct.rn-i H OO W W Z O O 'gr m t/1. a m N t4 M in -V� W ih 0 a-+ co w i N O O m m O Q 0 Ln U � w r0-1 O tDD �O �t O Ln 000 X 0J �Ln 00 V)- rd -I m C1 W lLnD rcniN M -I N W N 00 lD r e -I Ln LL LL .-I of m -(4 S ZA LU Z M 4A. V). 4h W M H W W Z cc a H W Z 0 a-+ co w i N O O m m O Q p O N O O O O O iJ� O co �t O Ln 000 X 0J ONO V rW -I O Y in O J N z ocr v N X Q 6L i f0 W a S ZA LU Z 0 a-+ co w i N O O m m O O p p O N O O O O O iJ� O co �t M Ln 000 O ONO rW -I in O a G V H a J W =a -- E Z .a a Q 01 •� U N m - C W F- cc a a Z co 0 0 p U O N O t4 0 LLJ Ln 000 CO ONO rW -I in O N LWi. LL W a H W Z a G V H a J W =a -- E Z .a a Q 01 •� U N m - C W F- cc a a Z co 1 O O L m a L E NLo O O to +�Ln + O C U •� U m u O O O -�-p a - O w 0 s M f0 -_ o u � H ? VO1 O a O_ a = o �+ m M G. � .0 •L 'C cL i N E a a u u m E a a L CL E - te , a w CL v 01 L X 0J .N M a N O QW O ,.. ECA .� M n +� L � E oate c , c c "Cmm y m Z aj Mn Z � V a.i a O u vmm-0�. O O O O Q1 r1 r1 u1 C) O 00 O O 0 O p p 00 0 0 0 O N Ln N Ln 000 m M 00 v N 1� ch q* 00 0 00 cn �-1 e 00 q N in X N ih t�i1• J Ln O O 000 � O p Go U LD Ct N O z W 0D0 N N O p a= m t4 u \ d L N ? J W o: a w - W z 0 r -I 0 00 o i-1 w O V �q;r -+ 00 N mi Ln u1 UD Ln N Ln 000 m LLOJ O M � O 00 000 � t/> p O d' c/} 1� ch q* 00 0 00 cn �-1 e 00 q N in X ih J Ln L LA � c W N J Y � v �WM�'° u \ d L N ? J U ❑ G H �a4, 3 z u c m u ua¢ W o: a w - W z 0 r -I 0 00 o i-1 a 1.0 O V �q;r -+ 00 N mi Ln u1 UD Ln N Ln 000 m N 00 w O M � O 00 000 � t/> p O d' c/} 1� ch q* 00 0 00 cn �-1 e 00 q N in W U Z W w W LL LL_ ❑ W w D_ 0 It Ln 000 O 01 �q;r -+ W 0 i/} u1 UD Ln N O �* O M T-4 n � q N ih W U Z W w W LL LL_ ❑ W w D_ 0 It a, U J L LA Co L/Y U ❑ G H 3 u c m u U z a CL a, 0 0) Z +' - L Z a o a u H a W U Z W w W LL LL_ ❑ W w D_ 0 It M C 4. � Y i EZ � 7 L U C � O C c m O c n +, t' O 0 .V Q 41 • O L 0 d V Ln CL C cr L 4 E CL O N t 13 aJ ++ O a ,o 41 a `-' �- `" obi 'n 0 w 00 0 0 0 N O O c u O N N O1 Ln Ln o 0 0 N lD 1011 0�0 n M 000 01, P am+ C 0 CL w^ O rn M r.4VT � N N C N = d a "r3 VF AA t�lF i�h 4A in in- +a)+ MO n cu m u 8 CL 41 Ln L N cc o2f is �r O a) �, 7 of ai O f+ �, O o o = a O O) a, u 4 A c O Q A _ CO �� > x m °> a o-> L. a > nx o ry E Ln 0 00N .4 + 0 X m> ax E x c x E+ C X 0 0 o o c`~ N + ¢ o� U� v' f+ L 7 O -43�j v LL D aui¢ a'a �� u Y V w y ° -¢o Ur V w c°�Q H� � a¢i m cr f6 'O 7 1 m U O T O N c BVI at fa cc 41 i� C 41 c m++ p 41 in .0 Ln O ; L 'V) y1 VI Ln :3 N L N J V m N ?. m ¢ U m a m N m C m ,n m co c U N m m N :LlL L a) u O 2 Q N Q s 0 +O+ 4J m N v �+ d �Q m Q O Q ca O Q 4.4 41 aci cn E Y ,� •C m ¢ > UJ p Qa N "O C z LlJ = -O c 'O am•+ ¢ —4 al C M fl a c� E m a) 3 m N m m O tai) co L O O G' S L Ln44-k x O x Q J .O N y O) x O O 4141 O 41 0 c a) c w Lnrn „ 3 a o 33+'� Mn m1 co E E Q C o Q c d ' aEi L d L c C O aJ V L O+ a) m a 41 d J N N L m Q °L c o Z c c z u +`nn a c a) w o 0 �FA H v a c cu o c + = F- J = H J *� 7 ato �n GAJ (U � � � ° � + u 'o 0 o a o Q -041 'C oY�o a� � u°O � c Q_ u° c ¢_ u° c 3 � 41 m 3� ~ u v W .V � d�LL u Z 3 c °c c a 01=' � oZSN—i c�� cQ aLL, aci aci2 acia acid a u .. � �a � iv m �� E c 2 O O a, .3 aao � ��—r4 ?� d �—N do iSN r o 3d .0Ln N c m 0"O (n O a V LL N D .. D i/? D x D V! Q+ ih of +vi 04 th C C a) j a) L O O)' C a)+' E O — O O. V a) 0 O m a) L O) v m in a W ax) CA w 0 0 O C N D O O 0 0 0 0 0 0 0 0 0 0 O O O O O O O O J O O O O O O O J O cV 0 0 0 o o o>- O O Ln 0 0 0 0 >`o r.j 0 0 0 0 0 toy u) O V? ri O O Oy 0 ri Ln to Ln mZ ri An O N Iz V"' O Lr Lr O ri 00 r4 V). V). in V). a iR in � " in a Vn in in m in 00000 E '� N O ,� �000000+J0000000+�o W 0 -C O O 400 0 ONOO 0 0 0 0 o6 O 07 O O O m d n 11i LL C y 6L ° �e m N o 0 O m V} O C 0 Ict 0J rN-I O 0000 00LM rl co > O O O m o m X 0>- o O Ln 0 0 0 0 >` O Q N N O y ,n m N O C N D O O 0 0 0 0 0 0 0 0 0 0 O O O O O O O O J O O O O O O O J O cV 0 0 0 o o o>- O O Ln 0 0 0 0 >`o r.j 0 0 0 0 0 toy u) O V? ri O O Oy 0 ri Ln to Ln mZ ri An O N Iz V"' O Lr Lr O ri 00 r4 V). V). in V). a iR in � " in a Vn in in m in N 00000 E '� N N ,� �000000+J0000000+�o W 0 -C O O 400 0 0 0 0 0 0 o 0 0 0 0 0 E 0 0 0 0 0 0 0 E o LL 000000 6L ° 7 C cu 00000000 0000000 ca ° C 0 L 4, 0J .` O O C O O O m o m Ln O O O o 0 0>- o O Ln 0 0 0 0 >` O N N O y ,n m N lO 0 0 0 0 0, n .- m O >- W >> a C �, N Ln m o v4 r -I V? O N a-1 V? O Ll1 Lf1 O � I m in in in W. �..� e -I N V} V). in in 0. in V} ri N in a in X V? p u - w ma -i m in rl c cn u 0� a in in A W X C cLo f'o bo s v E w06 '3 cu + ri C Y d = t t C a Q i v 4n E LL' W Q N N E '� N N N O W 0 -C O O 400 0 w 'C to GJ t C cu pi v •C — � � LL LL 6L ° 7 C cu p ca ° C Q L 4, 0J .` O O C > m> O ° aj CL U oc y t= u vo, - >- W >> a C L u c Q O O W O X p u - W m a c cn u 0� a W o� C cLo f'o bo s v E w06 '3 cu ri C Y d = t t C M Q i v 4n E LL' W Q N W m W L o G a Q Q 0- Q O u ui >` OJ O OC p Q ° ~ z N U Ln J a E W ti N m 3 O CLa I O O CD O •O O O f6 Z 0 0 0 N 3 L m a, $ °1 v, h c E L- .Q (° = m CL EA c > c G1 on ac) m o m 7 C N Ln L Lx > O O OD 'Lo- rn C v, O C C p *' O I_ p Q 4 cu a O a W o U � Ln x c e 'Q Q �p N W 11 Ln CD 0 0E LU 0 0 O 0 O 0 C O O "'00 Ooo E o 0 0o - � o m e -i Lff 'O N' e -I N 4- t4 ih f0 VI. Vi - Y O 00 N in Vf � O ri vi a 3 f0 f0 ` " O O � 0 Q LnL 0)4 o N 'a O J a -i Y to 4' C U U O .V y s__ N CAt p� C� O N Q- C� 'co E a> Cba 110 0 C U a as m >> o o „x, 5 o 41 a c oQ +� 9- L t: LL R 0` h� dOD Ln LLI W U {"' U '� W ` C J A E H d -6 N N > M v mn O J N d 'C C c N O 3 O 6 d C cc O N N" C L y aj = >, Co o Z v E> c 3 a °- 3 c VA m E u z I W> u CL c O a L c 4- _ Ln m +' N O. L Ln co C O w O "a m> o °}' v M O Ct: a `° �n W ++ O L C° N �° w -0 mv' e u c dA N �n \ E 'C tLa C aEi a CC O O 41 00 a > }+ O E W m J U> U' E U LL 'O L- co Q. ~ D H v mo0orncv:i)V-+ riNM� c�ouf-00iah0 cn a E W ti poe `oe oe `oe o O C� 00 co 00 C p p N - O Ln u7 jr4 00 M� u1 t0 ch O O O O O Y O N t0 M r -I N r\ 00 O O O O O O '. C N u) M 00 et O l0 0 0 0 C O C, O O 0 r` M' co rl + rn t- 00' O O' O O' O 4A Ln LL•o ��4 co en � v� o0co vq o c�3 0 U U Y Y AAQ11-ih M in• 01 00 Lr O O u1 � N r4 0 O C C f0 f0 �' M N t4 knin v-1 v-4 1^ w L.L O V? 7 0 C +' > Ln 4- w y LL v u �o X 41 _ u LA I 0 W L X CL > c > u > i. 41 i CL N X X eco lC 4-c m vOi Q Q .+ Q Q e ++ Ln L Q c c ar v O Lnc Ln o r L L c n H U IA E C. e0 N 01 c cn > u W Q W E cO a C v w L C M' ' CL 0IV r` m 0 a 0 0 O ^LcOOOOo 0 Cw o, " 0 ' � vi cnNU n 00 o o a An V uc [V mt t0 Lr Ln 0l O O O O O cV 3 :30 ��m tj:. p p a 0 T 1 o •C cW U a)4)n. vi- N 00 Ln O O ui 40• a E M C4 tn• 4-11.d U. > N > G1 0 a?U 0 0. O 6 J 0 V U 41 w a Q 3 � C 7 X Q> C> U a m, 0 c C, N X X c X Ln = + �Q ZQ RQ w 9 N Va > N`n Q o mQ yl YUw 41 Y VMI U- CL wa o0y N E °- o Vv y c °- f0 w o E= •°J f0 3 W Q W O L >• •O 6J LU J tn �o Q a c 0 0 �zu w0 r ni o mer Ln E E E N N N *' LU OC 7 4 c O C N a L a s a H z L tY1 m 7 eo a, E Q i0 > > -c 3 0) O L 0) ,X o N ? U Q p c n c a o 0 L p p E H Z; o W d Ui O a In W H u- O O " w w V '^ L t L C V a X Q m >. a f0 t o oW0 + LL Q iy U W X E E +�+ 3 7 rI CL w N M C u O ea W h u 4a > � -o a, 0 a) _ c > rti) N �-- G O U u C i J L ~ 41 L C 0 ;jr f0 7 _ V to N Fa .0 n L7 U 0 O tA j o E W M 'e, � IaA � - O 0 E 7 uU m m o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Q O M O .-+ 0 N O D O O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 = 0 0 0 0 0 of ovi 000000oo0Ln o0ouivi 4.n O O� 0 0 0 0 0 0 0 0 Ln N O Ln O N N 4A.Cf 0 O o t/f Ln +A L0 to O 14 iA ,F 0 Il 4 o -ZO O' •� O 0 t/? s C > p c> C 7 a `X 4- \ .0 J.+ 03G=ch O ca �� tw 3 _x m , _ "O w E �3 Q aJ 4. ` y O m= v 7 >` ++ •` QJ O w E x W >' O O 'a C 7 or LA m NCD E u m o-f0a v� y a w o ar� L C •Q W Q a0 N w rn O N O O OO O OO O O O CO r -i O�"' 0 0 0 0 0W EWt� JCD '3 00 Z 01 D O O 0 0 0 0 0 0 0 0 0 0 W v � O O O O O /� � d o. -o ri O '�u � vi o �n 0 0 0 0 0 0 0 0 0 ui L ai 0 0 0 ui Ln 'D ii O 7 y� m N w O to O o 0 0 0 0 0 0 fn N -i o Ln O cC,4N m o -/4 m .� a� th in = > d r, o o o o -i Ln fn Ln fn N Z6 n. o tvl- in to v1. An V� �, gy o o to to o of°i Ln 00 rj c W -p f^ E ° LLI -0 s o .l w 76 O41 c v s N U i i .O. m � (U V -p .• }I V Q of `� 0 M+, m _� yt ` 3 > = y O E_ _ L m V L 3 d a� g U u m c y CL mu E m d Tv c Y N O N E = 0 t 'g C u 0 V v V it •-p J W �o =CL CqL m m a cr e 3 o c > a Owc ` li cc > FO- U Ln 7 C � T u rl w N rn rl N V). r-1 bo E 'a NLu ++ ++ 10 N C m0 C L M (u 0 E E o v E° v E ec �. Z 0 p p o E a v ar _U U o E = a, W v ° cc O 41as Q uLr E O nom' mW a QJ V m OLn tA a) in Q al aJ Q al O W v- O Oy f m m c=__ W m J W O �-o� O g o� cc j a ~ a) 5*' = t rI L C Q Q C m W y L J = d L o C m —a° _ aJ > E 41 LLJ a a W c0 O cu o Uo 3 V+. O _ +1 E to m oC y E c m +'E Ln O. O M = a J — 3 E 'O Vf m a -JW 'ar Oa� J o - V fl --`p 3 u E L 00a, QO O 0 m c J W" M v > as o=n a.+ aui 4% > cmc �oc°�. he a uc°vazai-°v� J Y L 3 as z M L V ��1 tto M L V y - O i M E E M O u N 3 a E W 00 O O v\ 0 0 O co p O 0 O 0 O 0 O 00 O O 0 O 0 O O 0 0 O O 0 0 00 O Q y O Z} L(1 Ln < M 00 O O 0 0 0 0 0 0 0 0 0 O � 00 N O ' O 0 0 0 0 OO O O Ln to O Vp U N a1 O ri PL C .L4 E O N O N' O -4 N O N' O N O N' O O N' 14 O O ei N i? Lf L m x C + N c E Q 44 CL Q O Lu a` a aL o I N � M v a',�, a Cl cl e» 4* 0 0 0 0 0 0 o 0 c 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 o o L 0 Z 0 Ln ri 13 C M O O O O O O O 0 0 0 0 O O O } O O1' 0 1 O O O O O O O O O O O 0 0= N 6 M L/* U C M O O O O O O O N O O O O O O 00 O O 0 0 O O L!1 iA Ln 4A N w� f_ C 4A to V/ - V1. V? iq^ /1 ri C V f0 Y + 0E 0 LU d V Q - LD eP M _101 M O O O O O O O 0 0 0 0 O O ` ;_ O Ln O O LD 00 Ln C Q O O O O O O O O O O O O O O Z ei CD V 00 N N O O 0 0 0 0 0 O O O O O O O O a^-1 06 .-� p 0 O 0 0 0 0 O' O O C O o O= N O of C M V). '� O O O O O O O N O O O O O O O O O O O O O O Ln An LA iA N a\i X L4 V-1' N N N N a-1 r -I N � V0 t/► 4A 4^ V1 i/h 44 -tn ih -Ln 4/1 LLO C:DQtv C -+F ad+ ` S Ln o to W C OA C 00 O Z tl0 C Q N Cu 0) J Q w Y\ L Lu C O_ .0 o N 0O Ln d t0 C O C O "O O C O �" N N 0) i- LL LL C f0 .J f6 f0 "O .� d 7 t' J J CM J �+ '-i L til 41 ++ _+ 10 u V 07 y 'D 41 N Y D_ d '> N CD O N y U _�+ v O d 0 C C OC Lu V UO 0) W Lu C Lu ' 01 Q 1�'iL 10 ~ d0 M Q U _U �_ L Co N C O p <fA, 1n m O N d a O m O 1 O `� �Q bo d °a o � �Y � �°' g3 a� 1 ¢ E En w O V Ln E z E f0 a L a Z m d 01 O M o co CL o0 a a Z y u� 07 Xaa a a� oc t� W N 04 X 10 cG bD L OC C M O to 01 r+ 10 C z v, m � ' V L-? V o OD CAL a ° 1n 0 0 cQ3 .— J m U a N 0- T V Lu C o u L N O LL �7m U L/1 14, t� t� W, a, 'D O W N m L C CL aJ C m u tap V J Z O � m � u . O m a u O L o u m u E a w L J u u 0 Z F N N N L d d j E W } O M 0 O O O pO 00 S p O O 8 p Op - O 8 O 8 g p O O p Op O O M pop 0 a O Op S O O 0 0 0 C O N 0 0 3 p �p N O' O OO C O O p O O a 0 0 0 0 pp N O 0 o p o 0 r�-I O O O O O O O O O M O O N N u1 V? N V? N N V} N N VT V? .••I VT N VF N VF LnLn VT V).? Ln VF tC' VF N N VVF a •1 V> V! i/►N V} y? _ O V H H J c O c J N � X N t� N u w O C O a) L w T> w OD U C �'' U O a O C O C O ai W N al w E c` O N d m w ,�_+ d N 40 aJ O Q 1O 3 > m v O E U Z o 0_ c LL i+ 3 i+ *' _ i+ s+ C EO _ c E m E E aMi u ami c E i.� c t O d V O tt v O w m M c Cc O a0' n u w p O c •u�i y C Y �' �° y ? ar VT O — .c x oi1 ,0CL c c m 40 c o c c °� \> w 'C y p U w Q.0 p ar �- d IV m} m 'C L y K u u m Oa o c d C F z 3 y c tui a m rte,+ o O d u Z H a uvi ami Z C a C ycoc W y w J vmi c a C 0 0 0 c 2 ^ O O O O m E ai O gr u y C w [t R:p WD m E m ai E W O p (U Z O Q p m c c u LJ. E � d W 3 N N y a > m J Q = a2 o E a O (U :? E j d E .G o J Q C d V O C b m H = aJ '^ c al v 0 C M CM W r C CL � E m \a` a m ~ ao C lJ.l v a 7 E M a, 'D O W N m L C CL aJ C m u tap V J Z O � m � u . O m a u O L o u m u E a w L J u u 0 Z F N N N L d d j E W IA E L C w A m N m 0 O v e 1 N d C d O CL E W L � O Q O fa =3U s A O 4J ,N V CSA =) E :3 C O N M = L,•c L C 0--a (/) O O O -0 f6 = >� C Q O C O C(DN O O CL v V-1 .a; O E 05 V cr OU C i m f0 .� o a••+ L fa O O V •— E 4 m C E lD CL Q L _ E a) O � 'L N S N 4-J O L CL L- J U =_ .� >- C O •EL U t w W V Qu s_ Q C }+ C cr E fu C Q vj 4-J M N< 4-J o U � E75 c CU 4-J :3 E v O C >- V .� vii Q e 1 N d C d O CL E W 0 t« � 0 O U U M C �Q (nLO m O - .d Y L 0 (V ° L 00) aJ CC c O d L Q �O 3 7 c cn L Y V 3 - C Y = Q m f' y a) cr �L o cu L E2 c 34 u,•= L y a - m " v a m m E c= O u u m w C - aJ _ O �- c al aJ ° y N m 3 o 'O :0 a to CD r Z' C in L m L �) Y m ai c a= c m v c o u L o a,CL E E L a, 0 w o u +° o 0 (u_ m c `� y +� '° y° aa) ca m 7 N y m to -p c N L C vmi o C N o E> } to 0 0- u m :; W C C = y u Y al C '0a C Y x p• 7 to a a p L E am+ C p ar w u C C O C L O w 3 r aJ m L "° L al a/ m aJ U :n 1 cr c eoY0 E m a m m fO o19 1w 0 c ra m L m u .` v .0 u a �+ E m E cD ar ` 'm u> t u •� (u E d `m m d c Y ° co T y w u a y n °_° yj L 3 L° m m w To ° a, a r a a� 3 w e !' p m c a� y w a o m w v a x c Z .r ai p° w -p c u 'W. � 3? ° � � � r ° ° ayi � �' m v m V w 3 r C o m o Y `° 2 t O L a a '° d y A-- ° E' N u Y m oD C C aL+ 'n Y > N m m C m w a T L c '� - C 5 L Oy .m U •L w > C u •N y r E O } > C. p_ "O +•' O W d L Y U N u pQ a7 al 0 al d O L C a Y r o m >° > u= a Q a` E m v - ° m m ai s m G r `� y '^ C W o a0+ O v0f C O C y� Y m 7 m H a r- -0 ♦J o= O 0 E ar ° d T O 7> p N �°+ U y -p D1 > 0 a O 'n Y L Y E O C O w w; U Y p s ` (vu 0> a� E 0 3 w E o al s a m = L w. y 7 0 >, r m C m. L w 'O a, Y m `o a vi a °c o L a C w fl c a E m E F m L o L u Lon c o a c C m ami m mai d C ? +�'' m L v v a mw •� +m' ar ° 'ao-. u '00 C +�-' w w ,� ° w a >> o 'n E O F C 0a a G y y m 7 N U N +' aCr l 3 a N O w L A E m a u c._ o +' L o v? 0 L w T u w Q aa)i w Zr -0 ca y > 0 ° no ai y > y E >_ m ai D' m '^ u C Y m y m .0 7 (D :° �°, oc c E cc Q 3 oa 3 o ° a>i c w> v a m Y C CL 0 E Q Nzz �- O -CL -0O C ++ O .d L .p N oo y m m C y Y y C Y r w a+ L L (a u O L V Y OL D D a aH 0a Y a m N a U L C y` r u a aJ C m= m E t' E u a u O O y a) LnL O a+ L m '^ C Y L 0v mm m m d CL 0 CL y m fO C a n •- r a m 3 7 c C y d N u 672 Q� u n c c w, r 3 m o d c cc o m ayi -^ c o> a ai c o 'D c r vmi aEi E oD w c m a°1i L ami > °� m 'c m Q Y Y � Y -p u 'o L w 'O L c p am+ ar - 'O '� �• - y, O m-0 m a E '° o w Q- `0 3 3? C 07 y y 2 C +L+ c aJ o j Y w Y O m y c z 7 in L a) 3 C> y L� y 3 .y al 'o ar r L Q m L ++ == L m O m N O L +=' tOi c ° o y 3 L oD 0 >> .0 E o v > ° vii " L o x 3 m u ? c an m d a, D1 '` oD .- `� L~ O O O O L N +, >� OL a_ E r w m C m Q L �► 'O Q v� L 3' ._ 3 0 E y o on vl O ° c> C O L LA Q VI Y m a Y o U m a aJ Y Y a L c-0 aJ T 3 'n c m w y = a t L o c> ?11p al > "O N C r 2 u y ° Y 7 vOi aJ > y }+ � L y o o O r c y 3 m m u ai Q E u m Y o m O y E x a c m m x E m Y ar w ai o m y 'n u o�'c Q ,,; (u EW °° d N LA+ a/ ay+ c L E w L L° N N C '° °° o ?l C O � E �n LD � �= - C C i C� Y w a+ y m p W ;a N v�= o E m O^ {A uu coa3' ar ov 0W Y> 3 �3 C ai co ~ -E0 -0ui m w«o u o°� c m m u� �n �..L w •- u r L y fl O m a ° 3 c m- t d °° °> E° y zn e_ v°1i a o^ u c 75 aci w u cc -° A/ N ''A 3 _ u O O C a) C m> m `Q' -Q C m L Y i L = w 'n u aJ > -° m y '� m p al r O E a a� c m u - o m Q `+ y 'n >' m a) a m m - a) CL '� c= C b mL - Q 0 y m c c`^" a a c r o u �D c i p .- m c- L m m a c o> t a • 'a y w y m Q Y y C L = •> j w= •0 O � OL �� Y /e Q a) y Y L o m Y L o0 "O y al C E yy„ Q = o w y N u al m y N y C LA O c p- 'n y al a V Y U C y yd,� N M y C y L a Y y C w m p- C al W� wv mE EvEd 5 ;,a az,E G 'p uv "•=w moa° p >> m> ° O u o o T 'O r. !!' 7 y E o y a� y C w v c� a r=° m •� L 7 Y a o y O r> m 0 C Y a a� d c or-, C a a, y 0 'C U y C= T �a a m Y E L u r y C m L y c L ay+ Y vi d a a a! > a :9 E y Y +-y Ow U > O u oD o ;, LA 0 ar •m W 0 m E L>> an d G m J Q" W y m Gl Y E +' c 7 o A u m G. C c° x d CC//'' Q •� 7 .N m U = L E V\ u_ } '3 c LDL' — y .3 _ m —_ .3 �' y `La s aC y 3¢ v C o' `-' ul u 0 u 3 c a c r c o n z t m °y' °y' O a a¢ c = `-' u a m u F m 3 u m v°i 3 a>i .L 3 U) T ° L w 7. 0 O 41 ,-Y N 0 aJ ++ y u L Bo m •0 aV)f C E a' L3a) a to GOJ C Lm Lto Cm OL Za! Nto •d3L C cr v L L Y al U ° O m� _ > C YV> al m toto 0 N m° to Y N O m_0 (u 0-0 - ,.. n N w Y O¢ aJ E '0 O C• y w m 4-J O a) 0 L Y> O L 0. O to 3° C +- L 3 -O v 3 IV U y aci +j � a m � 0 L 0 0 O m m Y U c C '° [L6 3 tA '(v LO V w_ -0 O c 'L ,t,, bn N N m E ° 0 Q m L U C O 3 tp L to E L> y •N Y° L L m N O N j W L +, 3 m Y u Vf ,,, O -0 Y O 0 to •C 3(n -0 m 0 v0i c w e 0 c o y `° c c° r a ', O C E 3u o LA M L 7 U (U Ln 3>° E w C a 0 0 m m c' 'n, O 0O w E 'n m E m '_�^ u u O s m O ro CL to o °° y -0 c 0 c o a, °' E u d T :o c o w m c N +_ Or on C cn C s m "- a� ?� ° •° O° p "a 3 E y y L C E O 0 C N W C T aCC 3 -am a) N °° - to Q m C n- c O y-0 o O C. tL 'c d H m a�iD -0 C a� to +' to a, m O 0 ate, p> u a� 3 Y to ._ L m N cc tow L c E¢ .� d to ° E m C 3 +, > a aJ to C c m C LA ¢ C C_ O O L t to e m L E> c u m aJ LA y L c w L m aEi o°° L L m f6 0 c a"' L m oc to O m\¢ E E +' 0 -o a, `l V7 E u Y¢ M ° d O t V 3 O 1 L n C bo 7 •w, C Y C. L c a C c O c �a C .d p a L p c 30 H *' y w m vi N N w °' c c 3 al m U O? H s Ln U � W � L a O m m > m� y= o � O U° tea) 41 ,°, a :� tp m` m° r Y L co to c 'N C C L +c'+ ` oNc +C-+ 3 3 m m u O 3 .3 o N 0 O M C 3 T 3 2 c c LO '^ u n Lp y¢ Ou +' u L 0 •° 3 m to U LJ � to +.. m m � d O_ .L L m E •Z O m W -0 a) -0 > vmi w :3t+ A-0In 4-1 A1- C Y N .0 In C IVU OLA M of Z T + to Y w E E ,r. u u T bo 00o W 0 c o a a� a 0 3 0 -00 CL o �' c m e v E a, aui o`nc oci u_ a .0 u tw N `° o to 3 d +' L ` a uQi c U m vi E m Y co L m cn m YH L O o Ya- O p ° NvL Ln ° C c N Q.00 - E W c ao C t 3 0 .� u°��a cco 3 3 o3a :5 41 m ao-v�mw`-° to °v "0 O o •� •C �l Y a) Y m r 3 al o •� p 'a m a, L m_ 0 E +, m p .° E +' u y o 41 rco � Ln > v c° O-0 O VI 0 a ..o Y a, M c d Y � m ._ c 0 4Ei '+, t o c o Y L L m w O- aEi d E L u a1 a `-' 4,, O m T Y O fA �. m L to U O to Y y C O m .� u o �_ emn '> CL W Q m N d vii c o`nc m +. m "O m� _ O O v a a°+ N m Y u u C° y L C 'p aJ d -0 E to 3 Y L a0, m m y> to L1 p 0 E m .c y u L 0 oC O +L+ t3/1 C 0a a� C O 4J M bjD 4 'Oo Y bO CL0 3 4J -C •0 a m a) m N H t U m C Y v u E o m N -O aa) 41 +�n+ "o ° 'co m� m O +, w w o o c c X O c x +; L O- 0 3 c y m c 3 CL a y 0 Vf4-1 _m C to >- _ 3 m c- u m ,, E c w 0 m E c a '� m Ln cp m Cr " o oNc o m d t w w c > , 41 � > •vt � au' o � � y � o � � i +' c ¢ Y U ` u L Q� C to V L W) !� o to .0 v c o -0 a) m 3 E fl. u aJ L •C • N. 6 3 d 0 a /L A l w ° ° �p o N 3 a: > L Cr m y Qi y = m a m o m - ,o m a'ni •� a T L V t d Qi o p -C o n¢ m 3 s v, -0 o 'n E c T.0 a, E c• S •L Y 3 U 7 o w C >, u y c 1 to Y y U cL0 m E '0 S o p H a vi r U ++ +�+ Y m E 3 E s tp C m Y Y c a) U Y c a) L C L 3 3 to C °' al U° "An m-0 U h z a1 ¢> N o u a� u v ` M m to O O c r - +� vi :- E N w0 w p 3 ,m, N L p[ Y E u O o— T r m to Tt = 3 u o o c a o v Q m m C m¢ m U d c o fO m E `° ° 0 3o H u V v, C L E -0 al N to - Q w T N W> O m C 2a 3 E IA u u 0 m C tl0 T t + Q L +� to E o C O "' a 41 0 bo > M� E to Y C N 3 ° 41 Q E. j v 3 H w c 3 O O Q N C N p m 'C : OC U ' c to 'a, 3 L m m +' m w c E cn Q c C_ O W L U 0 C C bD- r w (Q L ,., m E to U 3 3 S 0 f6 Y E +' c a, w a- ° m E m U U E L 3 ,n ° L aJ L ,°, E u w 41 ++ w m f0 "' ar 0 E +- �' �' E> v L v c �' �° Y f0 c Z E c" E Vi 3 u a ,n aJ °� 0 a v o p p .0 .m aJ m tn LI) ww L :i "O umo C p m Y 2 O m Y C W 41 U �. m a! C LO v - H H H 0 C 41 N +°, tl0 U ¢ +.+ aJ y 'f0 O 0 •0 ¢ s y C w =s41 00 `fin Ln = L 0_ .- ° m C as-+ U Q N n 3 0 C. C W C >• `-° 41 °u C 13 Y v c o m - w u W +, =` E tri � •_ u to m O v� a! al ° 3 E L O Q) L Q o u u a a) m cc ¢ U N w u 3 -0 +m, cuC w 0 C 0 c 0 0 0 an d C +_T+ •0 T - C d y to w 3 Z E m o L d L L ,O-' n Y o c 0 oma 0-0 u u= t0 to E Ln C . c Y .. fT0 , n m y H C T m J t h i Y` C>- 3 U N ac, m °Y' E •0 .a m m O N t3if •� ¢ i t m O m c 13 3 3 o _ v o p '_^ L m E c f0 �' °' a m¢ 0 c N u a E v, o o Ycu r. u ,s, ,s, E tLa v E m u a, 3 tan o v o u c '3 to a, .� z¢ c 0 o V c o o d °u u `° 0, N` o Y c c >• 41} 4-1 '^ ^ a, `o = m :° Y a, u .o he '^ v E v3, c m c v� a, e m 3 °' c a o O a, L% E h In U m +, C to C U W ymj C C ,••� w Gl C N +' 3 L w {o+ w L' W U ..O In T a N d bo U E N L E •- U U p '" '� O •O to y w v Co w N>-0 4. Y ¢ E a c u a °u 0 3 Vi 3.3a H o v s v M LM 41 u° a n a -° o m o' H Ln a m -°0 U) T 3 3 N a E W L N O w Y N w 7 ? y N .` c ��� — 3 N 20 N es i Y G O rw.1 •5 C u E r o > > m o L �¢ c awl °�• N CC ON= CE'U .O C o O w C C m 70) .I V w7T -=6J, w'-wo° Y E dN Ww O •a > mY N -O E` ° N >-- -6 E m LaEA CL c>wo > -q c E o,E E' a oo ca w a,N 3a y u Z = Ww wLam o�pw t a_w LE OQ w u=w 3? c m C) mvl al_ z a a L E ` vc ai c O w E u c c moal'- m E o �`wC u w mY v c -- cY �G T Napes mL -OL c � m Yo N CY iY '''• o u m r C E y 0 0 m aN+ua~ C 7 c l`6 aO+aL m C OE L T OQ r Qw Oac O o WwmQl 3 O -'z m' tt- Ep aui m= La+ O oca° (U °c_ Eo w �> NE Et C Mnry a° Ea t�Ew 2 'w^'�° 0, 'm n o ..°p m E o E oG - w E� N V H E a j U E V 21 E� 0 N L YO C °O °• ob o� w a cY° co c ��a 0) °c u'^ ESQ La C7w m �a m'A0 � = ° LE'm N w _ T os m r cu `u t 0 scala 5.2 m a L m ppo. ylw N ,nom 0a o. Z3 Oa �Y cm ° U o G uYa o v act o.N N a ]Q E HF 3 ¢ c 2= c L I v 3 30 w'm „ w a E w—tj Yes p N N Y c p r`6 E ATL c Lmoa we u w L w °o b vOi a w`a m� Q mw c am wm =m oa oraocu E Y O 7 caul Y Nu m c s me a •2� do Y 'p N w w p_ c Em c ao u Y w ru py u1O .Nes. uvCawl Toa a* �d L o Nvi o.c �o oS as w o m g Gw E m a �v L ¢s p 3 N w c w ` A m 0 u r O y .0 E mto 0-w0 w ria 500 O -0 mNOrvmi E GCT `pE 0 y0 -O rL Na�"y c wmm co 'mow -0 +'v¢ w 3 ° y m �� aci O E a 'e_o� ° 5¢ F- M u m aw)Q c oY v} w#'cfl �+t'o LLy E oN �?o 'A O V C u p m >. U ODT a C ct al acN M L0 3:5 w E o 'Y Nc •Cs u T Gl ama L T w m� -t M d >_ . m o c r`o m.L� c E Nes c m '� a E c `lQ -2 aa3 O E V u O W E V N E O N r O. E~ ¢—� C U O Y c E C V C c w ^ V o_mmu N N w cN w 0) 3 LL LL w w u N -00 QdOY Wo. C O m L yes C `a O. CCC mo $aacw t'^Y'o �_'OE °£ dN W �Qaciw mm 3 Q > um GEC In w craw :5 -0 Qu'c° yY 3� m E !_^L E u° L'G °w ifs O ovwiLQC y CO .m ° m V Op+w+ G C rr M O CE ' O. o? Q° O.O y2�ua w m N ti-oal �+' Q¢ >�' 5o a OfloC C V m Q m— — °Or0 mu°i Q O. c 'C•>' OLCL Np4Nu aC ww Q wCE O �O Mm 3 m am p C WEV` E u w N� a ` 7 2 N �� u w E NC CL N w E w w gip,—wT�a O` s ti 7CYm a ra �c oM w Y aL+•y �� c p C m N w 3� C (Uamv Y jF L Y �^N�m m (U Y p U E C Y L Y E V wvl CwM L 7 C N' C h A N—m O as E� " 2 ` c m 7a ° m 7 N i vl ,. E w Y Y --p c ., V a Q y'3 r> m p t 7 aJ om 'a wup�ou N= p mcU1C u� w ?�3 DurLo cu L 10 o�� m E x m o c E .4u w° °dwNN M N*'Q H00 �rTO SLiAE V>L -0 r- CYO OwFL C N CT (D C. �+ Tm mCCt c w w wL N n es w ¢� C Gp C w N E' > m 3 3 YpGa L w ,m,a L (U w a33 d w C V `—J O a 1°i O m m N u C CL CL w `/ w awl C N a - C a°+ 10 c° �wpoo c 5'c ca° r°n�° L ¢" aY «vim>-•�L.c a m��c ��� 3 om'm Nc>. °1fOa =p w C O Ot ro C L c p L � 0� w N73 � m }� ¢ u uF a �._ LL v aa¢ L w v Q._ o a¢ L E 3 N a E W r - r VI pwm iC w '� 3aN�2 wL> U L + > N Y Y ILO C l7 O Y C C �' m �^ O >u c y NL C y O N m u N E V W +-' NO w wQ O •1 -CO N Y 0 O u m N W +L+ 0- M C i w QY.° w C 00 V L200 oam u olwilO m Inw a,m �' w Ec t+ -0E Nc mwm O Y Q p m � O w N C w° f0 u 0 U X m u �` N 'L°�E v o cmQ fN0 ,e _Q t Y� Dmw 0m u. m c m-- p w n E- m u a' bo 7A YCm W LO m -1 W m � L N^ Cu ` o Iwil Cw'; C L G Lm 3 MLp 'O V m- am.� vo Ev c� oo u 3c� Eo No moa }' y wjL O ,� wL m p' is 'w- 'O o a�+'O m u �' w0 w 'O Naw+ w vi O ;- m L� m t o w= 'O3 Cal 0 oT d � Y �' cu 0 E� C � m ma w E ° _Ow w a« u uL m u m o u fl ow0>L U c @Y •as i- pw Q`T d� r>-' In In aLw c > m �, m r a E w w c `� u m Qac •aL m 0 _ ,� Y o u N 3 w'� a Y 3 p w YY '6 0 Q >� v� C Y m aO,L w °- w N axi Q•j m Y w 0 w In r +I c m �j w .E L L N L C C O IA w w U_ w ' NOL U m w Y u L O 2 u m C�2T C N m vI IA m m m C v1 Em Q i,� > E o ° w L wY L t � O m A «.CU ° o `^ o oc c °' E o 0 o toOu Yob c a o - us 3 Y E Y w m +=.!!-UQ c w C L m m> w Y u w O C Y L° 3 ° w w c p to cu _� D 13iI C c u + o' ct wv3i c u m Cu c E 3Y �L O m v w � E a m 3 WM 3 w w w w •1/1 Y Y C i. N E Y O p w CLO w m Y U wY aL+ YaLj� vlC �-I 13iI L c>c NO .-. �w yew ol7 vmi d'O a O. w Y O o E C N u s @ T> V '� �•;C Q m o w m m 3 ° Q� N 3iI E° vlV; - u C uL m Q++ C w ►IA �� 7 pQ TO.Cp L -r- d NCC L •- CL CE L O wmYQ wcOi Y w L E w M" o m L3OL •� In - G7 Ir m A E m — n> uwl r m _d O ImnW 3u U vwf w v r- :2 L vi C L L 3w N� _m -28 d y y °D ti u N2L y mw u .L. c m �u C X L c ma m- aw C° y N•L C r E w 0 3� N a w u C u +' C 0 QC QT ° U -0 O N to m 0.T uONm '� C L-' Y Y„ 0 w wLNw C w IA w w- L C o, Tp 3 tQ m Y w C m C.2 m y ww , •N �L 3.O 'O C .2 L Ln -° C w yl v N Y L 7� aw,I � N C Y N� C � Lm3 O:Lj— w v L•- mY nu3N w� -0 °O -oE _moa OLQu 0C om u'~ �L� 03 Qu d-*Z4.0wL w 3 C �3v1L LOCA yYjY NL aoLt Nl+ vi omo 3ma WN'E C C �\ 'O 3 IA w Y m m m w N }' w 3 3 Qt Q a' VI L w 3 u 3 -2- `� w Y m p u uI o Q .0 amI o w C R� IA Y •_ w ;D C vi m w A' o- � L L m w i ++ aw, m 3 C m>C=' C° 3 M r.- O� W a, +'c0 u3yo`oo w mY m c'3-' wYLa' Nw wY Eai mi. �C -_" emw mom" �> Ya>i .� N OO Y N C m d C N > C a>i`-`r'^ L Y Q y C w C N m K w Y .0oj N Y E 1A C a= � 0 00 M 0 m w u N Q i -I C L 'm O w u C '� O u > V N 0-0 C m •� Y a+ m m L 3 u p> o -No "OCL > u 3 w 'O a m u m C +m_'' w >• M= Q> Q� N O 7 C uwi d m m v c O V - v N Z=,2 o E C C c i o+� e aim > - L- < wi -0i Ip L a :01 Qm- mw C w 0 3 m ° amiv°v !LO L C m 'O o 7 �, 'O Y m C vI a, O C> -t m> u '00 C o C w Y w Q C= w N L E V w C m vl vi wm Y O NmN C m' -Cm w°' N L = w We �� uaw+ a°I L-0 UN �° C UN - • = C-Qww CL p•.N�da m� a' C cy o•- L2 fvii wCCLC wC m LtE 7w•- mIn A 'p w IEO m o >CL.:5 o ` E m w w EC -0 >> wt w p L L Iw/1 L, °Jw �, w O INA Y N C w' N C w In v O wCN O�aL, m -p c w m t'i m >- c co L L uOm>- OQ mL L omc a+ 0 •_ dQ Yd m C r 7ta�N N w 3 w E"O w 3w�o u I^ vwi u YL OO 13iI wQ '_"° C C aw 0 w�' LO IAL IAY �Y C w E -p H N` Yppr > pYO t+�tu r- mC mL d: `t 0.2 d0 NwuQ w0 C3 }w�NY Om InN m=p° a�iE" _ aw13A CL m 73 cYJO MY u3 co,u° 'AC XY° mz -OY_ Ew Q% �YOo w TLC c3a3 m -°w0 LC oo Xw 3 iw w� a2 Lu c fpm u M 'C C. w m w 'n o CL �p•aL+w Y '- Gw Yyl ImnM 0 0 > ,. >- oC 7 w OC m O D a: aw+7 E Cm YaYa m �w>V c�wwY Ui] w rX�y++� op a, UO m° C 2= N 3 L O Q Y m Q V Y °. •u w w C N a+ u C ° N Y co Ia p_ Y� QE o N\ N C m c `o ° N m a0 :5 4' C w w - O H a � 4 Y C w T m Qm ✓ '� wn L w 0 o uwi u X-0 M w N� � aci u Q N mp_p' 2 E 3 �°, V1 w != O C 3> O C a>ia 3 N w m vi W Y l O w ywIV j > 'IL O aL+ w a to cmy L IA n O tko �< woom C am C O C= Y° w w O L Y Y - w �+ LN -_ 0R>U N `o Cc Euvi w•- u ucwo OAU LoEo� -o YO 3t boM o om LL `a o3° Em .0 wYmw m L C C c ° E' C '° v3 C O N r-, m C Q3 C'n C 0-0 Cc> -O �Q d `l m C `� LO Qi y a w w. 2- C a' w ` = - 3 Z o m N m u'E ao w C - = oa Qm o `o��c o c vLc u° a`, `-°eaam oo� �api ou m om COL >. :01� o. u " w IA ` o�� o c c C °° "m ap EIn u � 3 c aci c ym C7 > W Ym 3 CL m m `1 y E Y Cu w C wL C_ mY Ci+ NL C C to O O w m+u }° .6 C•u OLC k5 N E C 07O �'�uEm a�.i' Y� N•o�>• C-0 C YC •a �L(J ,mow O �= vci ay d y cw L d 'L c o um c ai cm m'o E +° wn .-O c w `o �.z QmaL+7 E u°u CL o'c u 0w- O++w �a' Op�wO °L �=30 "�a `� �+ m cuc C o N„ac c wimp �oQim wo �wc¢ �w Ewco mo'm" oc ?EM Ct cN>•yC OwCyQ dC> Ca>333w �L NInE UE Ow vi w u m Z c `o Q « C' c m Q Q N O In L N IA w c'Y O = H N m'0 m u p w - u O N n 0 u S QE Y O 3tN Y 0 °+n L w m w P� }� r - r Ln L N C � O � -°+ ti4 'a O u O Y aar c cO a.- � 3 M m Lm C O N ° 01 m LL .� m C m m 3 0 0 CA vi ° N w N A t'LL U_ m m41 04, O 0^ O u C O L L a°0 +1 "° 0L V N'�-° N lY0 C C v°iL L 7 C O ° N 01 LLOC O a) E 0 E�pm41 w m 00J V E •0 +, �•,� �+ v L L C C• O -- O •_ E O N N 4O W 3 A O C. m u .0 x m W 0 L E ri N 41 E ` w 0-0 y 'p m C Y m vOi it E O ++ 0a L aJ 0 c°� m 3+' c'1o N° L O ,ZN 0 ° N w C a1 �= 7 uN �� a)� �0 3 C+' O`t L C L- w L N C '+-Ava)iL CC.L a! E� Ec0'0+L+o +1= E L OJ41 x 0-3,0 O +' L L u O N m ^ 00" m 3 µ- u _0 O LC N "O OJ m O 4' '° N m m c° C VI O 7 L al a) v ? c C al L -° C 0) '° _ N "° OC O N O E EmLN '-a) N+'vZbA30 ma -0C 0Q >_c o0a a, aOc� v� �+++`- M". " L m x m a°Emum EcEm•c d° CL m acE .0 o a)>0E~ p•' O y Q c a l 41 m ^ cL L N ° 41 O u C 0 Y 7 in 0 e-1 } L al C � L m O Qwm0 Cal0)-°m '^ OmcN� 4- w uL C ci"o u ai C' M m V) w 'o N U— M �'^ V c U o U vi C cmm41 Eo�'w� a`oa� ccXm-� Om � °N' > Q, o -a N � v�N ra m� � c� m uu E a c c c( c E 4' oa-; oC ++ ,n c° a m W v al 0 oca, �s+, r- c c m m E ca 4-0LioE C� CmQm_° 00 c oc E ° Lao E 3 �"°m O l]0 E� '° } m N 4. m ° V 3 +� Y v C O L L d4 a) VI .0 O 1 O C C N n fL0 W O N} m N .c C L 4- L O L -° u +� O C y as L-.- L m 0 u c ° u° m; +'+' m O y 0.cc , 6h IA r_ 5 m CL E c E m eow .E a, &M ami n oxi c >Y — w c '� m m �° CL W cm 41 o -0 3t U -0r LCC W m LO 77iOi1f60E,c 0)O 3 41 v,_O C V) m C = C 'o C vi V O C u L > O L a) L m N :.o aim c> 0 0 ,0u c E m L 3 °� Y E 3 c 3 "'' u+-� U L _. fa 0in u E E c o o > +, m e C L a, C Q ao L m a+ x a-+ C z; O m — U O d +L., a� O O L C_ :Ll O m N L -° C- W .- u Q > V E -a°'o-'c'o aoa�iOao Cc `o�WCUimo-.f0 f03a�aoi W aJ C an m U U C 04, w L L in -° C ++ i L Q -O +.+ m-0 C m W -04' C 41 �••� L O C W m +d C m ' c L L E O m w++L O N 0 O++ O a) 00N O C > 3� W Q C L hC=o N aJ E ?r O }+ 41 O c E L C •> 4- y m 00 3 CL m v= W O._._ E w o O m O O L m�---aDL._ O—++ O— 01 c O O N u AL N L NNca� }Q)L`> L— vL3;U ,J -0+, y C- a Q s rEC c u a o yIn N a+ M c L C o o LEl 41 bb 4-, i v CC�GL d O m rn� m C-rn O a] CV1 u O't-+ ° �•O G� C LLO� Q30+� a+al �afl.'n 0a, moC � c >U ��-0 CCL vi N °0L^0 a`� ° t °� a a vNi v+-'ia °+N+ M a c'Q� LL u c—: }01. m c LL=O._ vL - c °J�r = >accaci EM uE�W4 a'm -41 :t!. ca o� ouaci o—''3N °mo°a�xi u�0 amj0 s -Z E m= a a° �O -00o }° E CLC. cN mE °a� c° u� ca°iami+°' urn ,�'a °aci °u dvO+o�+a-i Lcdfl+' ¢}-?' O7°jLo nC CO° °,+'n �C � 41 $C(nW °mL o 4 Lo°'�Ea� ooa -= cO co m `L° E c N o- EH OL a} yN L+, 0 +,} C O m m" fl. c°Lc3 ai+1cuvi c� "oL'aoC� `L°EN w unci EoW En s CL c c u c v yc a �� ° m c �� c.� ° +'w m+ a 0.0 S L 0 C° 'n ", L N L OC -0 O O O d4 C O N L L L ++ 3 aJ "° V1 0 0 O C d OAQ y` L y +5 N 0 0 ++ 7 o ?� qAM N H ° +,'o c a, �+�aN > L c m >'° O ° C OO ca E `o c° O Q °'4 COc>-O L' mvOi'v CC° >-L N'OC OOO C.� L to -O Q� *' •` C m O ° m °> OC L +, U W L m +' +L+ C E Q m E +' � 0-6 d a CL M +' N vi M ' -Oa '8 m a Q` Y c E �O L>-a°1i� N c+' E E v -c,L °> °: EL c m �a u E +- 3 c m C. ��ou�E -'-= Eo. us 3•_ ��� >'m aciL °�o v �-m m���oda� c3N vfO._C +�—+� Eo 'in ++ C CaL L N— O O u aJ 0 �++.L+ m 3 N N c L a) O o O 0 0 m O ^ al m Y L L m ' >` C Q U N C L C L a) ° N w L 0 41 c ,� c c vo vi c a a v O� -0 .0"a *=+; m >m� > Ld L a� to as m +� .2 O .N -1-i o E E o C' to t-0" m °-0 c N oxi.°c ,W m o c c a >'Et �+ ��mOM U._v+�m` o+'}' oYocLo-'a'3 +'In+' `La s� ma°'i3 C E C.= C aJ .a C } L Y C, ,,,° N ++ V C m bD 0J — a, 0. C 0 d 'C 0 0 41 C 0 C O 'co C C a) C V1 vQ-O� O.N N— U u m 3 C._ O++ m � E -0 m 1 Iq°a E W ^W i U m 0 L- CL Q Q. m N L m E 4- 0 4-A J V 4-1L DC c/f 0 4-J v 0 Cf v L 0 'L L Cf v m N _V p L = Q a U o N v< N U c� -� W :L-.0- •U cn a U c O N W= Q V L N >O C C U cu W a xo Q N m 00 ¢ ¢ o ¢ ¢ 0 0 ¢ ¢ ¢ o ¢ ¢ ¢ ¢ Q ¢ ¢ 0 ¢ o ,4 M z z v z z �i e z z z 0 z z z z z z z z of o r e r a o a m c m a v a�a o N ,mn I a + d z z za za za za z z a I'll z za z za z z z za zn zazz rn N t i t { I z z z z z z z z Q Q Q t¢ Q ¢ z z Z I Z ¢ z Z Z Z Z Z Z Z Z Z Z Z Z Z Z k Z Z Z Z Z Z Z Z Z I I I t 1 I I 1 6 cd cd cd cm,c0l.cm'cmcm:;cw-cw'c wcw cwlc m'c mcw c}c mlc z z vu9u uv":o"9u,0 v v v v v=v v v v v z a d'm -E°C �:m w:oc w'oc w".z y ¢ �'z d'� ¢ ac v'z 41 y,¢ d?s q{ VI Ni V1:4i N, e'6 N ca In`cz 1A o3 VI::cz V Icz VI oa 0 cis VI'CO N a N Ca VI.o7S N'o7f H':sh" WS V1 c C' C C C C G C' G C C; C C C'� C C '' C C C C' C C'i G CIC C'ti G C 3 3 —r 3 3 3 3 -- 3 3 3 3 3 —' 3— 3 —• 3 3— o 0 0 0 0 0 0 0o •o Io ,o ;o o :o o Io '` �o go an co co ca go co co w i O O 2 0 2 2 2 2 z 2 2 z zz z z z z z z z z z z z Q � i - � z z z z z z z z z z z Y z z Z Z, ll z z z z z z z I i z z� I z 0 0 o 0 I i I 1 � i o Io o z z z z z z z z ami: i �Mn I vai .a•I N aai>• iNi r'^n N N v c c c c 1 c c c c ' c c c c c c c c z z a •a z 'r z z l= i M Z z L Ll W M M -52 u z .� z v v v v i 9 d 9 v a m m m v I v l y v v v, 'o i v M 01 m m v I 01 i m m w ; v .m. .m. c c .� 0 Cf 0 _ u o = v = q Q o d u d l g i m I c 1 o _ U I 0 1 = c7 v; c _ v d d v d v v v d = d = l n I I m 1G, v Ir n' c A m 0 o I ami I E 1 3 I� e l a z° m u u I I u° �. I m io m ��m i•� ' 1 U J I I d 1 C C i p_, ` Iw = ?-r' m N W E m vv..m 'u ._ JI m i c 1 m = au° u c I 01 In V G I ¢ Icu ,yo+ I d Y m C1 W m x m; p, m.`N ¢ n� a,vl o.:c o. I c m .c0r { J c c A, `o �.? 8 N C M o.: m GIG q;i �j E Ido m = m a t j oiu n w m m iWEm`'uE,KE-:'^i o: N o ��(( oi�_. o I d vEcE� o = 0 0 0: v�`,qm E.mw,. u oE'dE' 0 I c o, E 3 0� o E✓= U:IQ U' Q � V = S t m' e e �� ei e` a ei a e� >°I e� I � i e e• ei a e` a j �'EI>� ij1 I �'l e�d us°No eif ms�d IIGc�' SguN- lE�2' t� : Pd uoI» s�ui«_ •4cuio =uoi i•c`ui uu>Su u>�o G:cvu cSu°"=1 Icui"G l8G'8 - N+od'u>°d a N o? �d>oM d>0No 8"° o �c uc dmi_ o oiD0i m m11 tiNc0 rtN`o 9 d 90d 4o d ao d Cp d cd d Oc Vp 1 y cI' 5d 9U` B9c19 V ` 1 d VV9p o d'o SO a0OU . G O;V Ou u G u VO U9 UC .a9U_ .9Up G V t U u E Cm0 G v �e i I i w I c! a! m I Q a! I a o v j r w cc w m I tui o c lo c fo = 0( CL d CJ U U U U U tJ t7 V 1 x x = U U U U; 1I1 x i U t U U U U U I U U O" O i Ch a O` VI i m i M ,n m :n m n wt N n N ut m m i n O of O n n n n M n co m of O I••I N I N eF I m I n n co m m ,n co n N ' tmo IN; Im,m i , Imo b w m m m Io m m m 00 00 m 0�pp mlm 00 N N N I N N O m m 00 m:m o010 Ln {m0 I tMn VMI IMn um1 Imlf '._ISA 1D umi.. N ko N - M m to N N VI m rWI LA,VMI, _VI V1 m mImn m m N N VI VI u1 VI ul I11 O N V %ftyi T L CL L N V N 0 CO N m X d .�Y Crc o CLY c Q.� a� a -0 5 w N .N c L s _m 7 � m u t m 0 0 O U 0 w LO C a c > m 'a+ C N m C N M w N s 0 T C c y c N O C U u u u Ma � a v � o O CL O CU I c r m N c c O cu m w A c NM W 7 •� N c CD vi ° Y N C ac O Y w w Mn C C C C o �•Q° ti Q C OD> Q m m m L w m ca E vw w C> O c u N d p o o- 3 w a `o w U -at o '° C U •C w m > * H w cm T- = L a :' ° a m -O u o E mN a c w wE m O ++ O OV j O. Q u N C w `o. 3 a E o. u m p c L to u W R u M s+ C C w 7 3 Q w u CL O C 7 aL+ C (u S u• to T c c m m c V a+ O V E V w 1+ 'v� '' U N c s ° of mM E 7 O a Y L E 3 V C -r, +_' a m N O � mom, N -0 f6 aL+ C u w s c` -r-"u O >p W N u O o u oB wv m e •O Ns "M w 0 L w c a3i a o o +s' ° o 0 •mp U y Q C u CO L v u` m m u +' w CL - u` c Y E 0. "O 3 �Ua d u y N d N =am u`OL-0 rCL E s C E m Op 6 5M ° Tt o. E O to u ^ w w „ c d y c u 3 L c = G1 vNi C w m c «+ Q .m N L m Y a ' ° N O. N w 3 L 2 OR "O w Ku L N a+ m w •C s w Lm c 3> s 'r - CL Q 3 c U E c °- 3 Qo u 3 d O O O. U m Y— c d C o +w+c C E d w w O m w Lm, s E m Ei c ° o> c u y C ` w - a+ L.+ vi L w m to m N> m 3 u O m E> w C w C E m mZ:r; E L c u a m w m c u m 0 aL.I O. b C E c w m c m u m m ° o u m c E w ac l u w �+ O O d L N E u c c oa Q c w u c a ° v E o w 0 0 0 — 3 *4 O E -o N N +' O N m s O w c y W +� wc CU c y N L G. d 0 m a C C L wt" 'u L E Q E-0 two 'm > u o0 t O m O v c_ > c = o - m (U �n U m '+ c E 1, m 0 c m p aL+ M 0 Z L LO N C •O s m t ic > m u 0 i c Q 0 W Y v c w a m w 7 E s u v m u ° v O S w m . w c cu A2 c s m c- c o. t m E= _u c Y aui ¢ a th c m Ae a f0 .O K w (V > c m N +� O° w w L r - -0c `- cL 3 S O o w m° ° 3 v c m c v N c E M c c m c c Imi1 X m u "' -O N c p C m c m N ° ` c u_ oa nt w ° O 5.Z r u E E m w CL °^ w w w = o:3 0 E s o -a in u LA u O. u W 3 Y u E 2 E a CL CL CL `a c L w •- E 3 w c mm v u `m m V M O r- 2 O N w N c .E c E r u U tE L Y w ` m w d O U w E o. N y s Ln Y w 3Q N C w 3 ++ M O c � ° w N E E o 0 u vNi E c E o O u M m c O ov m Q c N m �a C t o VI m cc Q z m E O w u � c O Ln L .E 3 U t � a Q � Au O 7 m � u w s Y C c o c o E O L c N w w `m ° r_ d c u_ O Z m "' w O L L E c E E u m C m m � � u 7 L 3 'o C O C Y ` N � c Y m N o w z c N O c C C � d ° s' u 0 C a w ca = y w E ai `0 _u " O ai y o N to °' c O) C w o`nc o• c 3 C U m N w m r LW 0 U X O u O > C ro > w w L xi m«. c0 (D u to. -T a a R •� CL a m v7j N m y a D C u oj N C m V m p a L m O NLA C M N a E E w T -J)- m u m E w u u fl. Q (U m +N+ u w > 0r- V N 0 2 m L v '^ u 'J U Iwo a o a E 4 'c O 'O c O C 4/ ° n m 'O u 0 E u -p m0 w aL+ 0 � -M s 3 6 ° ~ o c oo u 3 c c w m c C a L m > LA Z w Z u V 0 u .L OL .= d 0 O c R O m � L V p N mami > d m a LL `0 0 U cc O o Y cc u p u Q c N � O 61 7 w m E y u 2 w cccc 3 0 > C Q O u u M n V N T o N +' c 0)T �' r a Oo 3 0 O w-� ° •• " C <° v� d y w m N I m Q N w .'E U C O E — y m ELna w .7n •- m m d a Q u y E D. > ° O c - u .N " L a+ 0a v u w -C O C w L a c L 7 N 7 w O 0 __ E m > s > ?� += 0 E a 2 s E a E u -L N ' E :3N E! N Or c O. C I a T m Y N m -G YN C •� m m C y -O 7 w N N w w N w U am+ 0 -0 Oa W � O N M s m u v�'i d m d c O m U u E m V- L ac O 'N m O. o m N C V E Q w Qw O w y E N to u N �o �u Qcc ui u c is E N ° N INSURANCE PROPOSAL for City of San Bernardino To: Billy Deeb K"J'Ur From: Marika P. Block At: Aon Risk Insurance Services West, Inc. Date: 24 May 2017 A. POLICY TERM: 31 -July -2017 to 31 -July -2018 B. NAMED INSURED: City of San Bernardino, and its wholly or majority owned subsidiaries and any interest which may now exist or hereinafter be created or acquired which are owned, controlled or operated by any one or more of those named insureds. C. POLICY LIMIT: This Company's total limit of liability, including any insured Business Interruption loss, will not exceed the Policy Limit of $125,000,000 as a result of any one occurrence subject to the respective sub -limits of liability shown elsewhere in this Policy. D. POLICY TERRITORY: Coverage provided by this Policy is limited to property while located within: the fifty (50) United States; District of Columbia; Commonwealth of Puerto Rico; U.S. Virgin Islands; and Canada, except as follows: Cyber Coverage Territory Coverage provided in Data, Programs or Software; Off -Premises Data Services Property Damage and Business Interruption and Computer Systems Non -Physical Damage is limited to anywhere in the world except Cuba, Iran, North Korea, Sudan, Syria or Crimea Region of Ukraine. FAEF0,1M ..0 W '0111 U DI 1 This Policy covers property, as described in this Policy, against ALL RISKS OF PHYSICAL LOSS OR DAMAGE, except as hereinafter excluded, while located as follows: See Attached Location Schedule. Unless otherwise stated below or elsewhere in this Policy, the following sub -limits of liability, including any insured Business Interruption loss, will be the maximum payable and will apply on a per occurrence basis. The sub -limits stated below or elsewhere in this Policy are part of and not in addition to the Policy Limit. When a limit of liability applies to a location or property, such limit of liability will be the maximum amount payable for all loss or damage. There shall be no liability under this Policy when "NOT COVERED" is shown as a sublimit. 1. $5,000,000 Earth Movement annual aggregate for all coverages provided, and is the maximum amount payable for all loss or damage caused by or resulting from Earth Movement, not to exceed: Page 1 of 10 Arm $50,000 Earth Movement annual aggregate as respects Errors & Omissions, Off -Premises Data $100,000 Services, Off -Premises Service Interruption, Unnamed Property and Supply Chain combined. 2. $5,000,000 Flood annual aggregate for all coverages provided, and is the maximum amount payable for $100,000 all loss or damage caused by or resulting from Flood, not to exceed: $50,000 Flood annual aggregate as respects Errors & Omissions, Off -Premises Data Services, Off - $500,000 Premises Service Interruption, Unnamed Property and Supply Chain combined. 3. $1,000,000 Motor Vehicle Coverage Additional Coveraees $1,000,000 Accounts Receivable $100,000 Arson or Theft Reward Policy Limit Brand Protection $100,000 Change of Temperature $100,000 Communicable Disease - Property Damage annual aggregate $500,000 Data, Programs or Software Policy Limit Debris Removal Policy Limit Decontamination Costs $100,000 Deferred Payment Policy Limit Demolition and Increased Cost of Construction $1,000,000 Errors and Omissions $2,500,000 Expediting Expenses $1,000,000 Fine Arts not to exceed $10,000 per item for irreplaceable Fine Arts $50,000 Green Coverage not to exceed 25% of the amount of the property damage loss $50,000 Land and Water Clean Up Expense annual aggregate $100,000 Locks and Keys $100,000 Money and Securities $10,000,000 Newly Acquired Property $50,000 Off -Premises Data Services - Property Damage $1,000,000 Off -Premises Service Interruption - Property Damage $250,000 Professional Fees Policy Limit Property Removed from a Location Policy Limit Protection and Preservation of Property - Property Damage not to exceed $250,000 for security costs $100,000 Tax Treatment $100,000 Tenants Legal Liability Terrorism Coverage and the Supplemental United States Certified Act of Terrorism Endorsement $125,000,000 A. United States Certified Act of Terrorism coverage $100,000 B. Terrorism Coverage for Locations Outside of the United States annual aggregate but not to exceed $100,000 annual aggregate for Property Removed from a Location, Unnamed Locations and Flood $1,000,000 Transit not to exceed $250,000 for Business Interruption $5,000,000 Unnamed Property $500,000 Valuable Papers and Records not to exceed $10,000 per item for irreplaceable Valuable Papers and Records Business Interruption Covera e NOT COVERED Gross Earnings NOT COVERED Gross Profits Policy Limit Rental Income Page 2 of 10 MF $1,000,000 Extra Expense Business Interruotion Coverage Extensions $100,000 Attraction Property 30 Days Civil or Military Authority $100,000 Communicable Disease - Business Interruption annual aggregate for a 12 Month Period of Liability $250,000 Computer Systems Non -Physical Damage annual aggregate $100,000 Contractual Penalties $100,000 Crisis Management not to exceed 30 Days 365 Days Extended Period of Liability $500,000 Ingress/Egress $250,000 Leasehold Interest $100,000 Logistics Extra Cost $50,000 Off -Premises Data Services - Business Interruption $1,000,000 Off -Premises Service Interruption - Business Interruption Policy Limit Protection and Preservation of Property - Business Interruption $250,000 Research and Development $100,000 Soft Costs $1,000,000 Supply Chain [M 11 Di 11grow I11.1PW:\u[/11101 This Company will not be liable for loss or damage, including any insured Business Interruption loss, in any one occurrence until the amount of loss or damage exceeds the deductible amount shown below and then this Company will only be liable for its share of the loss or damage in excess of the deductible amount. If two or more deductibles apply to a single occurrence, then no more than the largest deductible amount will apply. However, this Policy allows for the application of separate and distinct deductibles and deductibles for specific loss or damage as shown below. The following deductible amounts shall apply per occurrence, unless otherwise stated, for insured loss or damage under this Policy: 1. Earthquake (per location for all coverages provided): This Company will not be liable for loss or damage unless the amount of loss or damage exceeds 5% of the combined value of the property and annual business interruption value that would have been earned at the time of such loss or damage at the location where loss or damage occurs plus that proportion of the 100% business interruption value at all other locations where business interruption loss ensues, in accordance with the valuation and business interruption sections of this policy, subject to a minimum deductible amount of $100,000 per location. If coverage is provided for more than one location, this deductible percentage or minimum deductible amount will be applied separately to each location. 2. $100,000 Flood (per location for all coverages provided). 3. Boiler and Machinery: A.Property Damage: $25,000 B.Business Interruption Average Daily Value: Page 3 of 10 AFM The business interruption deductible will be determined by multiplying the one hundred percent average daily value (ADV) by 1. The ADV will be calculated by dividing the sum of the 100% actual annual business interruption values that would have been earned had no loss occurred at the location where the physical damage happened plus that proportion of the 100% annual business interruption value at all other locations where Business Interruption loss ensues by the number of annual working days. 4. Communicable Disease Property Damage and Business Interruption: Qualifying Period: This Company will not be liable for loss or damage unless access is limited, restricted or prohibited in excess of 48 hours. Should this time be exceeded, the insured loss or damage will be calculated beginning from the time of loss subject to a deductible of: A.Property Damage: $25,000 B.Business Interruption Day Equivalent Deductible: The business interruption deductible will be determined by multiplying the one hundred percent day equivalent (DEQ) by 2. The day equivalent is the 100% actual annual business interruption value that would have been earned had no loss occurred at the location where the physical damage happened plus that proportion of the 100% annual business interruption value at all other locations where business interruption loss ensues, divided by the number of annual working days. 5. Computer Systems Non -Physical Damage: Qualifying Period: This Company will not be liable for loss resulting from the failure of the Insured's electronic data processing or media to operate as a direct result of a malicious act directed at the Named Insured, unless the Period of Liability exceeds 48 hours. The Qualifying Period for the cost to temporarily protect under Item 4. b) shall be waived. Should this time be exceeded, the insured loss or damage will be calculated beginning from the time of loss subject to a Business Interruption Day Equivalent Deductible: The business interruption deductible will be determined by multiplying the one hundred percent day equivalent (DEQ) by 2.. The day equivalent is the 100% actual annual business interruption value that would have been earned had no loss occurred at the location where the physical damage happened plus that proportion of the 100% annual business interruption value at all other locations where business interruption loss ensues, divided by the number of annual working days. 6. Data, Programs, or Software: Qualifying Period: This Company will not be liable for loss or damage caused by the malicious introduction of a machine code or instruction, unless the time to recreate or restore physically damaged property exceeds 48 hours. Should this time be exceeded, the insured loss or damage will be calculated beginning from the time of loss subject to a deductible of: Page 4 of 10 V I F) / 9 t"LFA A.Property Damage: $25,000 B.Business Interruption Day Equivalent Deductible: The business interruption deductible will be determined by multiplying the one hundred percent day equivalent (DEQ) by 2 The day equivalent is the 100% actual annual business interruption value that would have been earned had no loss occurred at the location where the physical damage happened plus that proportion of the 100% annual business interruption value at all other locations where business interruption loss ensues, divided by the number of annual working days. 7. Off -Premises Data Services Property Damage and Business Interruption: Qualifying Period: This Company will not be liable for loss or damage unless the Period of Liability exceeds <fill- in> hours. Should this time be exceeded, the insured loss or damage will be calculated beginning from the time of loss subject to a deductible of. A.Property Damage: $25,000 B.Business Interruption Day Equivalent Deductible: The business interruption deductible will be determined by multiplying the one hundred percent day equivalent (DEQ) by 2. The day equivalent is the 100% actual annual business interruption value that would have been earned had no loss occurred at the location where the physical damage happened plus that proportion of the 100% annual business interruption value at all other locations where business interruption loss ensues, divided by the number of annual working days. 8. Off Premises Service Interruption Property Damage and Business Interruption: Qualifying Period: This Company will not be liable for loss or damage unless the Period of Liability exceeds <fill- in> hours. Should this time be exceeded, the insured loss or damage will be calculated beginning from the time of loss subject to the deductible(s) that would have applied to the cause of the interruption of services, but not less than: A.Property Damage: $25,000 B.Business Interruption Day Equivalent Deductible: The business interruption deductible will be determined by multiplying the one hundred percent day equivalent (DEQ) by 2 The day equivalent is the 100% actual annual business interruption value that would have been earned had no loss occurred at the location where the physical damage happened plus that proportion of the 100% annual business interruption value at all other locations where business interruption loss ensues, divided by the number of annual working days. 9. $25,000 All Other Losses. Page 5 of 10 MF 1. United States Certified Act of Terrorism 2015 As respects the United States, its territories and possessions and the Commonwealth of Puerto Rico, the definition of terrorism contained in DEFINITIONS is declared null and void and it is agreed that an event defined as a Certified Act of Terrorism under the terms of the SUPPLEMENTAL UNITED STATES CERTIFIED ACT OF TERRORISM ENDORSEMENT attached to this policy shall be considered terrorism within the terms of this policy. Notwithstanding anything contained in this policy to the contrary, this policy provides coverage for direct physical loss or damage to insured property and any resulting Business Interruption loss, as provided in the policy, caused by or resulting from a Certified Act of Terrorism only to the extent coverage is provided under the terms and conditions of the SUPPLEMENTAL UNITED STATES CERTIFIED ACT OF TERRORISM ENDORSEMENT attached to this policy. Any difference in limit between loss recoverable under the SUPPLEMENTAL UNITED STATES CERTIFIED ACT OF TERRORISM ENDORSEMENT and this policy is not recoverable under this policy. 2. Combined Data Programs or Software and Computer Systems Non -Physical Damage The Company's total liability for Data, Programs or Software and Computer Systems Non -Physical Damage will not exceed $500,000 annual aggregate and replaces the corresponding limits of liability shown in the sublimit section. 3. Motor Vehicle Coveraue This Policy covers: a) Motor vehicles; b) Trucks; and c) Trailers; Licensed for highway use. PROPERTY EXCLUDED, item 7., is amended to: 7. Motor vehicles owned by directors, officers and employees of the Insured Motor Vehicle Coverage Exclusion: With respect to Motor Vehicle Coverage, the following additional exclusions apply: This Policy does not cover loss or damage resulting from: i) Collision; or ii) Overturn; While such motor vehicles, trucks, and trailers are being operated under their own power; or being towed (whether or not in motion at the time of loss). Page 6 of 10 mw-jllij 4. Specific Earth Movement Exclusion ADDITIONAL PROPERTY DAMAGE COVERAGE, Earth Movement does not apply to any property except at the following location(s): 56. 120 South D Street, San Bernardino, CA, 92401 68. 120-295 Carousel Mall, 144 Carousel Mall, 322-344 N. "E" Street, 707 3rd Street, San Bernardino, CA, 92401 66. 1350 South E Street, San Bernardino, CA, 92408 64.280 South E Street, San Bernardino, CA, 92401 62.295 Carousel Mall, San Bernardino, CA, 92401 67.297 North E Street, San Bernardino, CA, 92401 2.300 North D Street, San Bernardino, CA, 92418-0001 57. 3380 Little Mountain Drive, San Bernardino, CA, 92405 65.396 North E Street, San Bernardino, CA, 92415-1013 60.450 North E Street, San Bernardino, CA, 92401 16.555 West 6th Street, San Bernardino, CA, 92410 59.562 West 4th Street, San Bernardino, CA, 92401 4.710 North D Street, San Bernardino, CA, 92401 5. 765 North "E" Street, San Bernardino, CA, 92404 58.780 North Road, San Bernardino, CA, 92404 1. Carousel Mall Parking "E" Street & 4th Street West Parking Garage, San Bernardino, CA, 92401 Page 7 of 10 AFM I. INDEX OF FORMS: The following forms are made part of this Policy: Title Form No. Edition Declarations Page PRO DEC 4100 (04/15) Declarations PRO S-1 4100 (01/17) All Risk Coverage PRO AR 4100 (01/17) Supplemental United States Certified Act of Terrorism 7312 (1/15) Endorsement California Amendatory Endorsement AFM 6488 (04/15) Total Premium including the United States Certified Act of Terrorism coverage: $353,979 at 17.00% commission Total Premium excluding the United States Certified Act of Terrorism coverage: $341,979 at 17.00% commission Total Premium for the United States Certified Act of Terrorism: $12,000 at 17.00% commission If the option to purchase coverage for the United States Certified Act of Terrorism is elected, the Additional Property Damage Coverage Sub -Limit for Terrorism Coverage part A. will be amended to A. $125,000,000 Engineering Fees: $12,000 at no commission. Applicable state taxes, surcharges and fees are not included in this proposal. Applicable state taxes, surcharges and fees will be added to the invoice. Any variations between this proposal letter and Affiliated FM forms versus your application are not provided. This proposal 7/31/17 Page 8 of 10 Wm Location Schedule 1. Carousel Mall Parking "E" Street & 4th Street West Parking Garage, San Bernardino, CA, 92401, Index No. 076902.36 2.300 North D Street, San Bernardino, CA, 92418-0001, Index No. 076747.29 3.303 South E Street, San Bernardino, CA, 92401-2010, Index No. 002899.82 4.710 North D Street, San Bernardino, CA, 92401, Index No. 002899.83 5. 765 North "E" Street, San Bernardino, CA, 92404 6.333 Chandler Place, San Bernardino, CA, 92408 7. 182 South Sierra Way, San Bernardino, CA, 92408, Index No. 002899.84 8. 184 South Sierra Way, San Bernardino, CA, 92408 9. 185 South Sierra Way, San Bernardino, CA, 92408 10. 186 South Sierra Way, San Bernardino, CA, 92408 11. 187 South Sierra Way, San Bernardino, CA, 92408 12. 189 South Sierra Way, San Bernardino, CA, 92408 13. 190 South Sierra Way, San Bernardino, CA, 92408 14.2121 Medical Center Drive, San Bernardino, CA, 92411 15. 1505 West Highland Avenue, San Bernardino, CA, 92411 16. 555 West 6th Street, San Bernardino, CA, 92410, Index No. 002899.86 17. 108 East Marshall Boulevard, San Bernardino, CA, 92404 18. 525 North Mount Vernon Avenue, San Bernardino, CA, 92411 19.3650 Little League Drive, San Bernardino, CA, 92407 20. 3651 West Little League Drive, San Bernardino, CA, 92407-1963 21. West Baseline St and North California St, San Bernardino, CA, 92411 22. 1466 West Marshall Boulevard, San Bernardino, CA, 92405-1808 23. South Weir Road & Harwick Drive, San Bernardino, CA, 92408 24.2969 Flores Street, San Bernardino, CA, 92407-6629 25. 1342 West Marshall Boulevard, San Bernardino, CA, 92405 26. East Lynwood Drive & North Sterling Avenue, San Bernardino, CA, 92404 27. 1180 West 9th Street, San Bernardino, CA, 92411 28. Mt. Vernon Avenue & 14th Street, San Bernardino, CA, 92404 29. 3145 Leroy Street, San Bernardino, CA, 92404 30.4365 Park Drive, San Bernardino, CA, 92407 31. 1244 West 9th Street, San Bernardino, CA, 92411 32. 685 North Mount Vernon Avenue, San Bernardino, CA, 92411 33. 380 South K Street, San Bernardino, CA, 92410 34. 179 East Rialto Avenue, San Bernardino, CA, 92408 35. 2nd Street & Sierra Way, San Bernardino, CA, 92408 36. 503 East Central Avenue, San Bernardino, CA, 92408 37. 560 Hill Drive, San Bernardino, CA, 92404 38. 2750 West 2nd Street, San Bernardino, CA, 92410 39.2931 Gamer Avenue, San Bernardino, CA, 92405-1925 40.24424 Monterey Avenue, San Bernardino, CA, 92410-4942 41. 1494 East Art Townsend Drive, San Bernardino, CA, 92408, Index No. 002900.29 42. 888 East 6th Street, San Bernardino, CA, 92410 43.607-1135 East Highland Avenue, San Bernardino, CA, 92404 44.780 East 21 st Street, San Bernardino, CA, 92404 45.211 East 9th Street, San Bernardino, CA, 92410 46. 1535 North Arden Avenue, San Bernardino, CA, 92404 47. 1717 West 5th Street, San Bernardino, CA, 92411-2463 48.222 North Lugo Avenue, San Bernardino, CA, 92408 49. 160 West 5th Street, San Bernardino, CA, 92401-1402 50.259 North 7th Street, San Bernardino, CA, 92410 51.600 West 5th Street, San Bernardino, CA, 92410 52. 536 West 40th Street, San Bernardino, CA, 92407-3502 53.3898 Pershing Avenue, San Bernardino, CA, 92407 Page 9 of 10 Arm 54. 780 Roberds Avenue, San Bernardino, CA, 92411 55. LNG Fueling Station, San Bernardino, CA, 92404 56. 120 South D Street, San Bernardino, CA, 92401 57.3380 Little Mountain Drive, San Bernardino, CA, 92405, Index No. 002899.87 58.780 North Road, San Bernardino, CA, 92404 59. 562 West 4th Street, San Bernardino, CA, 92401, Index No. 002899.88 60.450 North E Street, San Bernardino, CA, 92401, Index No. 002899.88 61.201 North E Street, San Bernardino, CA, 92401, Index No. 002899.90 62.295 Carousel Mall, San Bernardino, CA, 92401, Index No. 076902.36 63. Court Street and North "E", San Bernardino, CA, 92401 64.280 South E Street, San Bernardino, CA, 92401, Index No. 002899.91 65.396 North E Street, San Bernardino, CA, 92415-1013 66. 1350 South E Street, San Bernardino, CA, 92408 67.297 North E Street, San Bernardino, CA, 92401, Index No. 002899.92 68. 120-295 Carousel Mall, 144 Carousel Mall, 322-344 N. "E" Street, 707 3rd Street, San Bernardino, CA, 92401, Index No. 076902.36 69.385 N. "E" Street, San Bernardino, CA, 92401 70.2060 East 18th Street, San Bernardino, CA, 92404-5806 71.2557 Victoria Street, San Bernardino, CA, 92410 72. 691 West 8th Street, San Bernardino, CA, 92410 73. 1715 North Arrowhead Avenue, San Bernardino, CA, 92405-4111 74.1435 North Lugo Avenue, San Bernardino, CA, 92404-5230 75.754 West 18th Street, San Bernardino, CA, 92405-4235 76.253 East 19th Street, San Bernardino, CA, 92404-4710 77. 1408 West 15th Street, San Bernardino, CA, 92411-1706 78. 1312 North Lugo Avenue, San Bernardino, CA, 92404 79.1320 North Lugo Avenue, San Bernardino, CA, 92404 80.1420 Wall Avenue, San Bernardino, CA, 92404 81.301 N E Street, San Bernardino, CA, 92404 82.266 E 3rd St, San Bernardino, CA, 92410 83.296 E 3rd St, San Bernardino, CA, 92410-4804 Page 10 of 10 Page 1 ro Q Riding 06/22/2017 PRODUCER: AON Risk Services, Inc. FROM: Shaida Monshi Los Angeles, CA ATTN: Lana Wong Quotation We are pleased to offer the following Quotation obtained solely on the basis of your instructions to us. This Quotation may be withdrawn at any time prior to acceptance, and in no event will it remain open beyond 39 days from the date shown above. Coverage may not be bound without prior consent from the insurer as confirmed in writing by Brown & Riding. Please note that the coverage, terms, and conditions described in this Quotation may differ from those requested in Producer's original submission. Producer is responsible for reviewing the suitability of coverage, terms, and conditions with the insured and for reconciling any differences between this Quotation and your original submission to us. Brown & Riding disclaims any responsibility for identifying or reconciling differences between this Quotation and Producer's original submission. TERM: 07/31/2017 - 07/31/2018 INSURED: City of San Bernardino MAILING 300 North D Street, 5th Floor ADDRESS: San Bernardino, CA 92418 COMPANY: Westchester Surplus Lines Insurance Company PERIL(S): DIC Including Earth Movement & Flood COVERAGE(S): Covering Real Property, Personal Property, Business Interruption, Ordinance or Law A LIMIT(S): $5,000,000 Excess of $5,000,000 Per Occurrence (not to exceed statement of values) and in Annual Aggregate as Respect to the Perils of Earth Movement and Flood DEDUCTIBLE(S): Earth Movement and Flood, per primary, contemplates a minimum of: Earth Movement - (for all coverages provided) for locations in California, Hawaii, Alaska, and Puerto Rico: For each occurrence, this company will not be liable for loss or damage to insured property unless the amount of loss or damage exceeds 5% of the combined value of property at the location where loss or damage occurs, in accordance with the valuation section of this policy and annual business interruption value as defined in the Business Interruption Endorsement attached to this policy at the time such loss or damage at the location where loss occurs, subject to a minimum deductible 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 - fx. (213)452-7080 CA License #0592033 Page 2 06/22/2017 amount of $100,000 per location. If coverage is provided for more than one location, this deductible percentage or minimum deductible amount will be calculated for and applied separately to each location Flood - $100,000 Flood (per occurrence for each location for all coverages provided) AOP - $25,000 Per Occurrence LOCATION(S): Per Schedule on File with Company (See Attached) TOTAL INSURED Flood - $309,477,076 VALUES: Earth Movement - $248,198,689 TERMS: VALUATION: Property - Replacement Cost Time Element - Actual Loss Sustained COINS: Nil -Values Must be Reported at 100% WARRANTS: All Risk Underlying FORMS: Westchester DIC Form Endorsement Amending Earth Movement and Flood Definitions to Match Affiliated Occurrence Definition Amended to State that the Occurrence Must Start During the Policy Period 72 Hour Occurrence Definition for Flood Priority of Payments Drop Down Clause for EQ/Flood (Only for Locations/Perils Covered by this Policy) EXCLUSIONS: Demo & ICC (Will Allow for Erosion of Primary Sub -limits); Flood in FEMA Zones A, AO, AE, AH, Al -A30, A99, AR, V, VE, V1-30; EQSL; Pollution & Contamination; Asbestos; Electronic Data Amendment; Nuclear, Biological, Chemical and Radiological; Mold/Fungus; Pre-existing Property Damage; Terrorism; TRIA (See Below for Offer); Other Exclusions and Limitations Per Form 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 - ph. (213)452-7060 - N. (213)452-7080 • CA License #0592033 Page 3 Q0Brown&Ri&ng 06/22/2017 TERRORISM: Pursuant to the Terrorism Risk Insurance Act (TRIA), as Outlined on the Attached, Coverage for Certified Acts of Terrorism is Available for an Additional Premium of $24,826 Plus Any Applicable Taxes & Fees. SUBJECTIVITIES: 60/10 Day NOC No Losses for Past 5 Years Loss or Damage to Locations not Covered Under this Policy Shall not Contribute to the Erosion of Underlying Policy No additions without prior approval (may be subject to separate rating and/or may require a higher attachment point) Coverages sub -limited in underlying insurance policy are not covered Insured's Decision to Accept or Reject TRIA (Needed to Bind) Annual Premium CA Surplus lines tax CA Stamping fee Total Gross Amount $ 127,425.00 $ 3,822.75 $ 254.85 $ 131,502.60 COMMISSION: 0.00% Balance due in 20 Days 25.00 % MINIMUM RETAINED PREMIUM IN THE EVENT OF CANCELLATION. NO FLAT CANCELLATIONS, Brown & Riding has the right to cancel any binder or policy in accordance with the cancellation provisions of such binder or policy. If coverage is bound by Brown & Riding, a charge will be made in accordance with the policy terms and upon binding, all fees for the full policy term will be fully earned. Producer guarantees payment of premium for risks placed through Brown & Riding. If Producer does not make timely payment of any sums due Brown & Riding, then Brown & Riding may, without limitation of other remedies, cancel the policy for non-payment of premium. Brown & Riding will bind or place insurance solely upon the written instructions of Producer. Brown & Riding assumes no legal obligation as to the insurance applicant, insured, or known or unknown third parties regarding the suitability, adequacy, or appropriateness of limits, terms, conditions, exclusions, and other policy features. Producer shall be responsible for disclosing to Producer's customer all Brown & Riding broker fees, other fees, and charges disclosed by Brown & Riding to Producer. Producer shall hold harmless Brown & Riding, and Brown & Riding shall hold harmless Producer, from any and all of the respective negligent or wrongful acts, omissions, or conduct that result in a financial or other obligation to the other. In the event of a dispute between Brown & Riding and Producer, the prevailing party shall be entitled to recover its attorneys' fees, costs, and related litigation expenses in addition to any other recovery. 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 fx. (213)452-7080 CA License #0592033 Page 4 Brown&Ri&ng 06/22/2017 Quote # 473300 Regards, Shaida Monshi 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 - ph. (213)452-7060 - fx. (213)452-7080 - CA License #0592033 Page 1 Brown&Ri&ng 06/22/2017 PRODUCER: AON Risk Services, Inc. FROM: Shaida Monshi Los Angeles, CA ATTN: Lana Wong Quotation We are pleased to offer the following Quotation obtained solely on the basis of your instructions to us. This Quotation may be withdrawn at any time prior to acceptance, and in no event will it remain open beyond 39 days from the date shown above. Coverage may not be bound without prior consent from the insurer as confirmed in writing by Brown & Riding. Please note that the coverage, terms, and conditions described in this Quotation may differ from those requested in Producer's original submission. Producer is responsible for reviewing the suitability of coverage, terms, and conditions with the insured and for reconciling any differences between this Quotation and your original submission to us. Brown & Riding disclaims any responsibility for identifying or reconciling differences between this Quotation and Producer's original submission. TERM: 07/31/2017 - 07/31/2018 INSURED: City of San Bernardino MAILING 300 North D Street, 5th Floor ADDRESS: San Bernardino, CA 92418 COMPANY: Endurance American Specialty Insurance Company PERIL(S): DIC Including Earth Movement & Flood COVERAGE(S): Covering Real Property, Personal Property, Business Interruption, Ordinance or Law A LIMIT(S): $10,000,000 Excess of $10,000,000 Per Occurrence (not to exceed statement of values) and in Annual Aggregate as Respect to the Perils of Earth Movement and Flood DEDUCTIBLE(S): Earth Movement and Flood, per primary, contemplates a minimum of: Earth Movement - (for all coverages provided) for locations in California, Hawaii, Alaska, and Puerto Rico: For each occurrence, this company will not be liable for loss or damage to insured property unless the amount of loss or damage exceeds 5% of the combined value of property at the location where loss or damage occurs, in accordance with the valuation section of this policy and annual business interruption value as defined in the Business Interruption Endorsement attached to this policy at the time such loss or damage at the location where loss occurs, subject to a minimum deductible 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 N. (213)452-7080 CA License #0592033 4) Brown&Riding Page 2 06/22/2017 amount of $100,000 per location. If coverage is provided for more than one location, this deductible percentage or minimum deductible amount will be calculated for and applied separately to each location Flood - $100,000 Flood (per occurrence for each location for all coverages provided) AOP - $25,000 Per Occurrence LOCATION(S): Per Schedule on File with Company (See Attached) TOTAL INSURED Flood - $309,477,076 VALUES: Earth Movement - $248,198,689 TERMS: VALUATION: Property - Replacement Cost Time Element - Actual Loss Sustained COINS: Nil -Values Must be Reported at 100% WARRANTS: All Risk Underlying FORMS: Excess Follow Form (Subject to Receipt and Approval of Primary and Westchester Forms Within 75 Days or Will Issue on Endurance Forms) Statement of Values Form (Will be Deleted) Endorsement Amending Earth Movement and Flood Definitions to Match Affiliated Priority of Payments Drop Down Clause for EQ/Flood (Only for Locations/Perils Covered by this Policy) EXCLUSIONS: Demo & ICC (Will Allow for Erosion of Primary Sub -limits); Flood in A, V or 100 Year Flood Zones; EQSL; Absolute Mold; Absolute Pollution; Asbestos; Certain Computer Related Losses; Named Peril Exclusion; War & Terrorism; TRIA (See Below for Offer); Other Exclusions and Limitations Per Form 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 - ph. (213)452-7000 - fx. (213)452-7080 CA License #0592033 Page 3 4) Brown&Ri&ng 06/22/2017 TERRORISM: Pursuant to the Terrorism Risk Insurance Act (TRIA), as Outlined on the Attached, Coverage for Certified Acts of Terrorism is Available for an Additional Premium of $14,327 Plus Any Applicable Taxes & Fees. SUBJECTIVITIES: 60/10 Day NOC Clear Loss History Loss or Damage to Locations not Covered Under this Policy Shall not Contribute to the Erosion of Underlying Policy No additions without prior approval (may be subject to separate rating and/or may require a higher attachment point) Signed D-1 (Needed to Bind) Signed TRIA (Needed to Bind) Signed SOV (Needed to Bind) Annual Premium $ 143,265.00 CA Surplus lines tax $ 4,297.95 CA Stamping fee $ 286.53 Total Gross Amount $ 147,849.48 COMMISSION: 0.00% Balance due in 20 Days 25.00 % MINIMUM RETAINED PREMIUM IN THE EVENT OF CANCELLATION. NO FLAT CANCELLATIONS. Brown & Riding has the right to cancel any binder or policy in accordance with the cancellation provisions of such binder or policy. If coverage is bound by Brown & Riding, a charge will be made in accordance with the policy terms and upon binding, all fees for the full policy term will be fully earned. Producer guarantees payment of premium for risks placed through Brown & Riding. If Producer does not make timely payment of any sums due Brown & Riding, then Brown & Riding may, without limitation of other remedies, cancel the policy for non-payment of premium. Brown & Riding will bind or place insurance solely upon the written instructions of Producer. Brown & Riding assumes no legal obligation as to the insurance applicant, insured, or known or unknown third parties regarding the suitability, adequacy, or appropriateness of limits, terms, conditions, exclusions, and other policy features. Producer shall be responsible for disclosing to Producer's customer all Brown & Riding broker fees, other fees, and charges disclosed by Brown & Riding to Producer. Producer shall hold harmless Brown & Riding, and Brown & Riding shall hold harmless Producer, from any and all of the respective negligent or wrongful acts, omissions, or conduct that result in a financial or other obligation to the other. In the event of a dispute between Brown & Riding and Producer, the prevailing party shall be entitled to recover its attorneys' fees, costs, and related litigation expenses in addition to any other recovery. 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 N. (213)452-7080 • CA License #0592033 Page 4 Brown&Ridmg 06/22/2017 Quote # 473300 Regards, Shaida Monshi 777 S. Figueroa Street, Suite 2550, Las Angeles, CA 90017 - ph. (213)4527060 fx. (213)452-7080 CA License #0592033 Page 1 'fA% Brown&Ri(fing 06/22/2017 IWIF PRODUCER: AON Risk Services, Inc. FROM: Shaida Monshi Los Angeles, CA ATTN: Lana Wong Quotation We are pleased to offer the following Quotation obtained solely on the basis of your instructions to us. This Quotation may be withdrawn at any time prior to acceptance, and in no event will it remain open beyond 39 days from the date shown above. Coverage may not be bound without prior consent from the insurer as confirmed in writing by Brown & Riding. Please note that the coverage, terms, and conditions described in this Quotation may differ from those requested in Producer's original submission. Producer is responsible for reviewing the suitability of coverage, terms, and conditions with the insured and for reconciling any differences between this Quotation and your original submission to us. Brown & Riding disclaims any responsibility for identifying or reconciling differences between this Quotation and Producer's original submission. TERM: 07/31/2017 - 07/31/2018 INSURED: City of San Bernardino MAILING 300 North D Street, 5th Floor ADDRESS: San Bernardino, CA 92418 COMPANY: Evanston Insurance Company PERIL(S): DIC Including Earth Movement & Flood COVERAGE(S): Covering Real Property, Personal Property, Business Interruption, Ordinance or Law A LIMIT(S): $5,000,000 Part of $10,000,000 Excess of $20,000,000 Per Occurrence (not to exceed statement of values) and in Annual Aggregate as Respect to the Perils of Earth Movement and Flood DEDUCTIBLE(S): Earth Movement and Flood, per primary, contemplates a minimum of: Earth Movement - (for all coverages provided) for locations in California, Hawaii, Alaska, and Puerto Rico: For each occurrence, this company will not be liable for loss or damage to insured property unless the amount of loss or damage exceeds 5% of the combined value of property at the location where loss or damage occurs, in accordance with the valuation section of this policy and annual business interruption value as defined in the Business Interruption Endorsement attached to this policy at the time such loss or damage at the location where loss occurs, subject to a minimum deductible 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 - fx. (213)452-7080 • CA License #0592033 KJr-9116w, � mw Page 2 06/22/2017 amount of $100,000 per location. If coverage is provided for more than one location, this deductible percentage or minimum deductible amount will be calculated for and applied separately to each location Flood - $100,000 Flood (per occurrence for each location for all coverages provided) AOP - $25,000 Per Occurrence LOCATION(S): Per Schedule on File with Company (See Attached) TOTAL INSURED Flood - $309,477,076 VALUES: Earth Movement - $248,198,689 TERMS: VALUATION: Property - Replacement Cost Time Element - Actual Loss Sustained COINS: Nil -Values Must be Reported at 100% WARRANTS: All Risk Underlying FORMS: Excess Follow Form (Subject to Receipt and Approval of Primary and Westchester Forms, Until Receipt and Approval, Markel Forms Govern) Statement of Values / Occurrence Limit of Liability Applies (Item 2b deleted) Endorsement Amending Earth Movement and Flood Definitions to Match Affiliated Priority of Payments Drop Down Clause for EQ/Flood (Only for Locations/Perils Covered by this Policy) EXCLUSIONS: Demo & ICC (Will Allow for Erosion of Primary Sub -limits); Flood in A, V or 100 Year Flood Zones; EQSL; Foreign Locations and Exposures; Pollution; Asbestos; Boiler & Machinery; Organic Pathogen; Electronic Data/Cyber Risk Losses and Related Computer Losses; War, Nuclear, Chemical and Biological Materials; Terrorism; 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 - ph. (213)452-7060 - N. (213)452-7080 CA License #0592033 Page 3 Q0 Brown&Ri(Ing 06/22/2017 TRIA (See Below for Offer); Other Exclusions and Limitations Per Form TERRORISM: Pursuant to the Terrorism Risk Insurance Act (TRIA), as Outlined on the Attached, Coverage for Certified Acts of Terrorism is Available for an Additional Premium of $41,424 Plus Any Applicable Taxes & Fees. SUBJECTIVITIES: Favorable Financials Inspection Report and Compliance with Recommendations, if Requested 60/10 Day NOC Loss or Damage to Locations not Covered Under this Policy Shall not Contribute to the Erosion of Underlying Policy No additions without prior approval (may be subject to separate rating and/or may require a higher attachment point) Signed TRIA (Needed to Bind) Signed D-1 (Needed to Bind) Annual Premium $ 41,424.00 CA Surplus lines tax $ 1,242.72 CA Stamping fee $ 82.85 Total Gross Amount $ 42,749.57 COMMISSION: 0.00% Balance due in 20 Days 25.00 % MINIMUM RETAINED PREMIUM IN THE EVENT OF CANCELLATION. NO FLAT CANCELLATIONS. Brown & Riding has the right to cancel any binder or policy in accordance with the cancellation provisions of such binder or policy. If coverage is bound by Brown & Riding, a charge will be made in accordance with the policy terms and upon binding, all fees for the full policy term will be fully earned. Producer guarantees payment of premium for risks placed through Brown & Riding. If Producer does not make timely payment of any sums due Brown & Riding, then Brown & Riding may, without limitation of other remedies, cancel the policy for non-payment of premium. Brown & Riding will bind or place insurance solely upon the written instructions of Producer. Brown & Riding assumes no legal obligation as to the insurance applicant, insured, or known or unknown third parties regarding the suitability, adequacy, or appropriateness of limits, terms, conditions, exclusions, and other policy features. Producer shall be responsible for disclosing to Producer's customer all Brown & Riding broker fees, other fees, and charges disclosed by Brown & Riding to Producer. Producer shall hold harmless Brown & Riding, and Brown & Riding shall hold harmless Producer, from any and all of the respective negligent or wrongful acts, omissions, or conduct that result in a financial or other obligation to the other. 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 - N. (213)452-7080 CA License #0592033 (.)j Brown&Riding Page 4 06/22/2017 In the event of a dispute between Brown & Riding and Producer, the prevailing party shall be entitled to recover its attorneys' fees, costs, and related litigation expenses in addition to any other recovery. Quote # 473300 Regards, Shaida Monshi 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 -ph. (213)452-7060 - fx. (213)452-7080 CA License #0592033 Page 1 Brow1i&Ri&ng 06/22/2017 PRODUCER: AON Risk Services, Inc. FROM: Shaida Monshi Los Angeles, CA ATTN: Lana Wong Quotation We are pleased to offer the following Quotation obtained solely on the basis of your instructions to us. This Quotation may be withdrawn at any time prior to acceptance, and in no event will it remain open beyond 39 days from the date shown above. Coverage may not be bound without prior consent from the insurer as confirmed in writing by Brown & Riding. Please note that the coverage, terms, and conditions described in this Quotation may differ from those requested in Producer's original submission. Producer is responsible for reviewing the suitability of coverage, terms, and conditions with the insured and for reconciling any differences between this Quotation and your original submission to us. Brown & Riding disclaims any responsibility for identifying or reconciling differences between this Quotation and Producer's original submission. TERM: 07/31/2017 - 07/31/2018 INSURED: City of San Bernardino MAILING 300 North D Street, 5th Floor ADDRESS: San Bernardino, CA 92418 COMPANY: Aspen Specialty Insurance Company PERIL(S): DIC Including Earth Movement & Flood COVERAGE(S): Covering Real Property, Personal Property, Business Interruption, Ordinance or Law A LIMIT(S): $5,000,000 Part of $10,000,000 Excess of $20,000,000 Per Occurrence (not to exceed statement of values) and in Annual Aggregate as Respect to the Perils of Earth Movement and Flood DEDUCTIBLE(S): Earth Movement and Flood, per primary, contemplates a minimum of: Earth Movement - (for all coverages provided) for locations in California, Hawaii, Alaska, and Puerto Rico: For each occurrence, this company will not be liable for loss or damage to insured property unless the amount of loss or damage exceeds 5% of the combined value of property at the location where loss or damage occurs, in accordance with the valuation section of this policy and annual business interruption value as defined in the Business Interruption Endorsement attached to this policy at the time such loss or damage at the location where loss occurs, subject to a minimum deductible 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 fx. (213)452-7080 CA License #0592033 rof)l RM.T. R'4' W', Page 2 06/22/2017 amount of $100,000 per location. If coverage is provided for more than one location, this deductible percentage or minimum deductible amount will be calculated for and applied separately to each location Flood - $100,000 Flood (per occurrence for each location for all coverages provided) AOP - $25,000 Per Occurrence LOCATION(S): Per Schedule on File with Company (See Attached) TOTAL INSURED Flood - $309,477,076 VALUES: Earth Movement - $248,198,689 TERMS: VALUATION: Property - Replacement Cost Time Element - Actual Loss Sustained COINS: Nil -Values Must be Reported at 100% WARRANTS: All Risk Underlying FORMS: Excess Follow Form (Subject to Receipt and Approval of Primary and Westchester Forms within 60 Days) Statement of Values / Occurrence Limit of Liability Applies (Deleted) Endorsement Amending Earth Movement and Flood Definitions to Match Affiliated Priority of Payments Drop Down Clause for EQ/Flood (Only for Locations/Perils Covered by this Policy) EXCLUSIONS: Demo & ICC (Will Allow for Erosion of Primary Sub -limits); Flood in A, V or 100 Year Flood Zones; EQSL; Pre -Existing Damage; Exclusion and Limited Additional Coverage for Fungus; Certain Computer Related Losses; Electronic Data; Seepage and/or Pollution and/or Contamination; All Risk Perils; Nuclear, Biological, Chemical or Radiological Terrorism; Terrorism; TRIA (See Below for Offer); 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 - ph. (213)452-7060 - N. (213)452-7080 • CA License #0592033 Page 3 Q0 Brown&Ri&ng 06/22/2017 Other Exclusions and Limitations Per Form TERRORISM: Pursuant to the Terrorism Risk Insurance Act (TRIA), as Outlined on the Attached, Coverage for Certified Acts of Terrorism is Available for an Additional Premium of $82,848 Plus Any Applicable Taxes & Fees. SUBJECTIVITIES: 60/10 Day NOC Clear Loss History Loss or Damage to Locations not Covered Under this Policy Shall not Contribute to the Erosion of Underlying Policy No additions without prior approval (may be subject to separate rating and/or may require a higher attachment point) Signed TRIA (Needed to Bind) Signed D-1 (Needed to Bind) Annual Premium $ 41,424.00 CA Surplus lines tax $ 1,242.72 CA Stamping fee $ 82.85 Total Gross Amount $ 42,749.57 COMMISSION: 0.00% Balance due in 20 Days 25.00 % MINIMUM RETAINED PREMIUM IN THE EVENT OF CANCELLATION. NO FLAT CANCELLATIONS. Brown & Riding has the right to cancel any binder or policy in accordance with the cancellation provisions of such binder or policy. If coverage is bound by Brown & Riding, a charge will be made in accordance with the policy terms and upon binding, all fees for the full policy term will be fully earned. Producer guarantees payment of premium for risks placed through Brown & Riding. If Producer does not make timely payment of any sums due Brown & Riding, then Brown & Riding may, without limitation of other remedies, cancel the policy for non-payment of premium. Brown & Riding will bind or place insurance solely upon the written instructions of Producer. Brown & Riding assumes no legal obligation as to the insurance applicant, insured, or known or unknown third parties regarding the suitability, adequacy, or appropriateness of limits, terms, conditions, exclusions, and other policy features. Producer shall be responsible for disclosing to Producer's customer all Brown & Riding broker fees, other fees, and charges disclosed by Brown & Riding to Producer. Producer shall hold harmless Brown & Riding, and Brown & Riding shall hold harmless Producer, from any and all of the respective negligent or wrongful acts, omissions, or conduct that result in a financial or other obligation to the other. In the event of a dispute between Brown & Riding and Producer, the prevailing party shall be entitled to recover its attorneys' fees, costs, and related litigation expenses in addition to any other recovery. 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 ph. (213)452-7060 fx. (213)452-7080 • CA License #0592033 Page 4 Brown&Ri&ng 06/22/2017 Quote # 473300 Regards, Shaida Monshi 777 S. Figueroa Street, Suite 2550, Los Angeles, CA 90017 - ph. (213)452-7060 - fx. (213)452-7080 CA License #0592033 Jhim Neilssen 4k\ me Han over TF 800-289-2422 ext. 5626 � � � Ph. 317-208-5626 Insurance Group- jneilssen@hanover.com {Jur policy is performance. Vehicle Physical Damage and Contractor's Equipment (blanket) INSURANCE PROPOSAL CAPP Program City of San Bernardino, CA Prepared For: AON Risk Services Attn: Billy Deeb / Lana Wong Prepared by: Jhim Neilssen HANOVER INSURANCE COMPANY - INLAND MARINE DIVISION This proposal shows the premiums for the general coverages described, but in no way changes or affects any terms, conditions or exclusions of policies as actually issued. Premiums shown are based on information furnished to the company. Proposal Date: Effective Dates: 5-18-17 1 07/31/2017-07/31/2018 1 CONTRACTORS EQUIPMENT COVERAGE PROPERTY COVERED: Blanket Equipment Coverage Equipment Limit -- The most "we" pay for loss to any one piece of "contractors' equipment" is: $1,000,000 Catastrophe Limit -- The most "we" pay for loss in any one occurrence is: $10,000,000 COVERAGE EXTENSIONS Additional Debris Removal Expenses $100,000 Equipment Leased Or Rented To Others $500,000 Equipment Loaned To Others $500,000 Fraud And Deceit $500,000 Waterborne Equipment $500,000 SUPPLEMENTAL COVERAGES Construction Trailers -- Any One Trailer $50,000 -- Any One Loss $250,000 Employee Tools $10,000 --Any One Tool $2500 Fire Department Service Charge $50,000 Pollutant Cleanup And Removal $100,000 Recharge of Fire Extinguishing Equipment $25,000 Rental Reimbursement -- Reimbursement Limit $100,000 -- Waiting Period 3 Days Reward For Recovery Of Stolen Equipment $25,000 Spare Parts And Fuel $25,000 Unscheduled Equipment $250,000 --Any one piece of equipment $25,000 REPORTING CONDITIONS Reporting annually at 50% of Rate Pro Rata for Owned Equipment Leased and Rented Flat Charge. VALUATION [ X ] Replacement Cost up to 125% of scheduled value for equipment with a scheduled value within 75% of replacement cost at time of loss [ X ] Functional Replacement Cost up to 125% of scheduled value for Equipment not valued within 75% of Replacement cost in schedule. [ X ] Replacement Cost up to Purchase price for any equipment Acquired During the policy period [ X ] your Legal Liability for Rented and Leased Equipment as required by contract. DEDUCTIBLE $5,000 Additional Conditions and Endorsements, to apply IM 7034 Tools Endorsement _X_ IM 7038 Continuing Rental Or Lease Payments $25,000 I $250,000 FORM IM 7002 06 04 Blanket Equipment Form RATE & PREMIUM: See Below 2 AUTO PHYSICAL DAMAGE COVERED PROPERTY: Your vehicles and vehicles you have leased or rented from others under a written contract COVERAGE LIMITS Scheduled Vehicles — Per schedule provided to the company Catastrophe Limit — The most we pay for loss in any One occurrence for all Vehicles is: $ 10,000,000 COVERAGE "All Risk" Subject to Perils Excluded COVERAGE EXTENSIONS * Additional Debris Removal Expenses SUPPLEMENTAL COVERAGES * Newly Acquired and substitute Vehicles *Number of Days * Pollutant Cleanup And Removal * Towing Labor, and Storage Costs VALUATION $ 50,000 $1,000,000 Covered if acquired during policy period $25,000 $25,000 [ X ] Replacement Cost up to 125% of scheduled value for equipment with a scheduled value within 75% of replacement cost at time of loss [ X ] Functional Replacement Cost up to 125% of scheduled value for Equipment not valued within 75% of Replacement cost in schedule. [ X ] Replacement Cost up to Purchase price for any equipment Acquired During the policy period [ X ] your Legal Liability for Rented and Leased Equipment as required by contract. DEDUCTIBLE $5,000 FORM IM441-1075 0109 RATE & PREMIUM Refer to premium summary POLICY TERMS Maximum Loss per Occurrence for All lines $ 10,000,000 Basket Deductible: In the event of a loss to both an insured vehicle and insured contractor's equipment in one occurrence, a $5,000 deductible applies to the combined loss. Please note the following • Please provide us with the locations of any lots with values exceeding $5M, along with any information regarding security at those lots. • We may elect to provide loss control service to this account and would anticipate compliance with any essential recommendations. 3 PREMIUM SUMMARY RATE: RATING BASE: ANNUAL DEPOSIT .23 for $ 5,000 Deductible $ 17,409,043 (this is the sum of CE and APD values) $ 40,041 (excluding Terrorism) OPTIONAL TERRORISM PREMIUM: $1,101 *MANDATORY FIRE FOLLOWING PREMIUM $ *waived COMMISSION: net of commission This proposal is valid for thirty (30) days from the date of this letter. Terms and conditions outlined in the proposal may differ from the specifications submitted; please review the specific coverage part for details on coverages and exclusions. Sincerely, Jhim Neilssen 4 CAPP-2017 TRIA Declination (2016: DECLINED) THIS NOTICE IS PROVIDED IN RESPONSE TO THE DISCLOSURE REQUIREMENTS OF THE TERRORISM RISK INSURANCE ACT. THIS NOTICE DOES NOT GRANT COVERAGE OR CHANGE THE TERMS AND CONDITIONS OF COVERAGE UNDER THE POLICY. IF THERE IS A CONFLICT BETWEEN THIS NOTICE AND THE POLICY, THE PROVISIONS OF THE POLICY SHALL APPLY, DISCLOSURE PURSUANT TO TERRORISM RISK INSURANCE ACT Disclosure of Premium: Total Terrorism Premium Fire Following Premium Other than Fire Following Premium Disclosure of Terrorism Coverage Available Schedule $ 1,101 $ Waived You are hereby notified that under the Terrorism Risk Insurance Act, as amended, you have a right to purchase insurance coverage for losses resulting from "acts of terrorism" defined in Section 102(1) of the Act as follows: Any act or acts that are certified by the Secretary of the Treasury, in consultation with the Secretary of Homeland Security and the Attorney General of the United States, to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property, or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of certain air carriers or vessels or the premises of a United States mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States government by coercion. The premium charged for this coverage is provided in the Schedule above and does not include any charges for the portion of loss that may be covered by the Federal Government as described below. Your policy may contain other exclusions which could affect your coverage, such as an exclusion for Nuclear Events or Pollution. Please read your policy carefully. Note for Commercial Property or Commercial Inland Marine Policyholders in Standard Fire States: In your state, a terrorism exclusion makes an exception for (and therefore provides coverage for) fire losses resulting from an act of terrorism. If you reject the offer of terrorism coverage, therefore, that rejection does not apply to fire losses resulting from an act of terrorism. Coverage for such fire losses will be provided in your policy. The additional premium just for such fire coverage is shown in the Schedule above. Disclosure of Federal Participation in Payment of Terrorism Losses The United States government through the Department of the Treasury may pay a share of terrorism losses insured under the federal program under a formula set forth in the Act. Under this formula, the United States government generally reimburses the following percentage of covered terrorism loss which exceeds the statutorily established deductible paid by the insurance company providing the coverage: 85% through 2015; 84% beginning on January 1, 2016; 83% beginning on January 1, 2017; 82% beginning on January 1, 2018; 81% beginning on January 1, 2019; and 80% beginning on January 1, 2020. 401-1374 01 151ncludes copyrighted material of Insurance Services Office, Inc., with its permission. Page 5 of 6 5 Cap on Insurer Participation in Payment of Terrorism Losses The Act contains a $100 billion cap that limits the reimbursement by the United States government as well as insurers' liability for losses resulting from certified acts of terrorism. If the aggregate of insured losses attributable to terrorist acts certified under the Terrorism Risk Insurance Act exceed $100 billion in a calendar year and we have met our insurer deductible under the Act, we will not be liable for the payment of any portion of the amount of such losses that exceeds $100 billion. In such case, insured losses up to that amount are subject to pro rata allocation in accordance with procedures established by the Secretary of the Treasury. Rejection of Terrorism Insurance Coverage ❑ I decline to purchase terrorism coverage for certified acts of terrorism. I understand that I will have no coverage for losses resulting from certified acts of terrorism. The Hanover Insurance Company Applicant/Policyholder Signature Insurance Company IH3 A366129 04 Print Name _..._._ ................ Date Quote or Policy Number 401-1374 01 15 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 6 of 6 6 CHUBEg` Cyber Enterprise Risk Mangement Insurance Proposal Contact Information City of San Bernardino Soo D Street San Bernardino, CA 92418 To: Phone: Peter DeWispelaere 312-381-2991 Company: Email Address: Aon Risk Solutions 2oo East Randolph 18th Floor I Chicago, IL Peter.dewispelaere@aon.com 6o6oi Date: From: Kristen Dahlen 04/24/2017 Phone: Company: Chubb 312-889-5306 Email: Pages: 8 Kristen.dahlen@chubb.com Account Information Applicant Name: City of San Bernardino Soo D Street San Bernardino, CA 92418 Applicant Address: Type of submission: Renewal of Policy No. G25670292 002 Line of Coverage: Insurance Company: Chubb Cf-ber Enterprise Risk Management Policy ACE American Insurance Company Policy Form: PF -48168 (1o/16) / PF -48169 (10/16) Policy Period: 7/31/2017 To 7/31/2o18 Dear Peter, I am pleased to offer the attached indication for City of San Bernardino. The commission payable for placement of this business is 17%. Thank you for considering Chubb as your market of choice. questions, please do not hesitate to contact me. Sincerely, Kristen Dahlen Underwriter, Financial Lines Chubb Chubb Cyber Enterprise Risk Management Policy Insurance Proposal We look forward to working with you. Should you have any Chubb. Insured" Maximum Single Limit of Insurance $2,000,00o Total Annual Premium $39143 Maximum Policy Aggregate Limit of Insurance $2,000,000 Optional Extended Reporting Period: 12 months for i00% of last annual premium Chubb. Insured.' Chubb Cyber Enterprise Risk Management Policy Insurance Proposal 2 Cyber Incident Check if Limit of Insurance Retention/Waiting Period Response Coach Included Insuring Agreement Each Incident/Aggregate Each Incident Retention ® Cyber Incident Reponse Fund Sidecar* Cyber Incident Response $1,000,000/$1,000,000 $50,000 $0 Team Non -Panel Response Provider $200,000/$200,000 $50,000 N/A ® Business Interruption Loss and Extra Expenses $2,000,000/$2,000,000 $50,000/12 Hours NA ® Digital Data Recovery $2,000,000/$2,000,000 $50,000 9 Network Extortion $2,000,000/$2,000,000 $50,000 jjLA Third Party Liability Insuring Agreements Check if Limit of Insurance Retention Retroactive Pending or Prior Included Insuring Agreement Each Claim/Aggregate Each Claim Date Proceedings Date ® Cyber, Privacy And Network Security Liability $2,000,000/$2,000,000 $50,000 7/31/2015 7/31/2015 Payment Card Loss $1,000,000/$1,000,000 $50,000 7/31/2015 7/31/2015 Regulatory Proceedings $1,000,000/$1,000,000 $50,0007/31/2015 7/31/2015 ® Electronic, Social And Printed Media Liability $2,000,000/$2,000,000 $50,000 7/31/2015 7/31/2015 Chubb. Insured.' Chubb Cyber Enterprise Risk Management Policy Insurance Proposal 2 Maximum Single Limit of Insurance $2,000,00o Total Annual Premium Maximum Policy Aggregate Limit of Insurance $2,000,000 Optional Extended Reporting Period: 12 months for i00% of last annual premium Check if Included Insuring Agreement ® Ober Incident Reponse Fund StandarCyber Incident Response Team Non -Panel Response Provider ® Business Interruption Loss and Extra Expenses ® Digital Data Recovery ® Network Extortion Check if Included Insuring Agreement ® Cyber, Privacy And Network Security Liability Payment Card Loss Regulatory Proceedings ® Electronic, Social And Printed Media Liability Retention/Waiting Limit of Insurance Period Each Claim/Aggregate Each Incident Sidecar* $1,000,000/$1,000,000 $25,000 $42,508 Cyber Incident Response Coach Retention $o $200,000/$200,000 $25,000 N/A $2,000,000/$2,000,000 $25,000/12 Hours NA $2,000,000/$2,000,000 $25,000 .NSA $2,000,000/$2,000,000 $15,000 NLA Chubb. Insured: Chubb Cyber Enterprise Risk Management Policy Insurance Proposal 3 Pending or Prior Limit of Insurance Retention Retroactive Proceedings Each Claim/Aggregate Each Claim Date Date $2,000,000/$2,000,000 $25,000 7/31/2015 7/31/2015 $1,000,000/$1,000,000 $25,000 7/31/2015 7/31/2015 $1,000,000/$1,000,000 $25,000 7/31/2015 7/31/2015 $2,000,000/$2,000,000 $25,000 7/31/2015 7/31/2015 Chubb. Insured: Chubb Cyber Enterprise Risk Management Policy Insurance Proposal 3 Title Form Number 1. Chubb Producer Compensation Practices & Policies ALL -20887a (03/16) 2. Cyber Services for Incident Response — Notice to Policyholders PF -48259 (10/16) 3. Cyber Services for Loss Mitigation PF -48260 (l0/16) 4. U.S. Foreign Account Tax Compliance Act — FACTA Notice ALL-4249ob (07/16) 5. U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") PF -17914a (04/16) Advisory Notice to Policyholders 6. Policyholder Disclosure Notice of Terrorism Insurance Coverage TR-196o6d (01/15) Title Form Number 1. Trade or Economic Sanctions Endorsement PF -46422 (07/15) 2. Cap on Losses From Certified Acts of Terrorism PF -45354 (01/15) 3. CA Amendatory PF -48291 (:Lo/16) Chubb. Insured" Chubb Cyber Enterprise Risk Management Policy Insurance Proposal Chubb hereby indicates the coverage described below. However, any obligations the Insurer may have under this indication are conditioned upon each of the following conditions having first been met i. The Applicant has submitted to the Insurer the following documents, and the Insurer has received such documents no later than close of business: N/A 2. If coverage is subsequently bound by the Insurer, the Applicant has remitted the premium specified below to the Insurer so that the Insurer receives the premium no later than close of business on the 3oth day from the date of the Binder or the Effective Date of the policy, whichever is later. Coverage for acts of terrorism is included in your policy. The portion of your annual premium that is attributable to coverage for acts of terrorism is $o, and does not include any charges for the portion of losses covered by the United States government under the Act. Chubb. Insured. Chubb Cyber Enterprise Risk Management Policy Insurance Proposal With the purchase of a Chubb Cyber Enterprise Risk Management Policy. we offer various premiere services as a benefit to policyholders to help mitigate cyber risks before an event occurs. Please note that some services may require an additional fee. Any fees are not premium for the insurance policy. The fee is paid to the entity performing the service. There is no commission associated with the fee. The entities listed on the website are not providers of insurance services and are not affiliated with Chubb. Purchase of any service does not guaranty that losses will be fewer or less severe. Any loss mitigation inspection, assessment, or audit purchased, and any report or recommendation resulting therefrom, shall not constitute an undertaking at the behest of or for the benefit of Chubb. Chubb also assumes no responsibility to implement any resulting recommendations. Service Selected: Chubb Loss Mitigation Services (Additional Fee with No Commission) Total Cost ❑ Incident Response Readiness led by Fidelis $3,000 ❑ Information Governance led by Huron $3,000 ❑ Network Vulnerability Scans led by NetDiligence $3,000 ❑ Phishing Simulation led by Wombat $3,000 ❑ Dark Web Discovery led by Bit Sight $3,000 Policy Holder Contract • Name: • Title: • Phone: • Email: Total Cost for Loss Mitigation Services: $ x,axx Chubb. Insured. Chubb Cyber Enterprise Risk Management Policy Insurance Proposal This indication will remain valid until 7/31/2017. If between the date of this Indication and the Effective Date of the policy there is a significant adverse change in the condition of this Applicant, or an occurrence of an event, or other circumstances which could substantially change the underwriting evaluation of the Applicant, then, at the Insurer's option, this indication may be withdrawn by written notice thereof to Applicant. The Insurer also reserves the right to modify the final terms and conditions upon review of the completed application and any other information requested by the underwriter herein. If such material change in the risk is discovered after binding, the insurance coverage will be void ab initio ("from the beginning"). FOR POLICIES EFFECTIVE JULY 21, 2011 AND SUBSEQUENT, WE REQUIRE THE PRODUCER TO PROVIDE THE "HOME STATE" AS DEFINED IN THE NONADMITTED AND REINSURANCE REFORM ACT OF 2010 (NRRA) UPON THE BINDING OF THIS PLACEMENT. IF THE STATE SET FORTH IN THE ABOVE -REFERENCED INSURED ADDRESS IS THE HOME STATE OF THE INSURED, NO ACTION IS REQUIRED. HOWEVER, IF THE HOME STATE OF THE INSURED IS OTHER THAN THAT SET FORTH IN THE INSURED ADDRESS, YOU MUST NOTIFY US IN WRITING PRIOR TO THE BINDING OF THIS PLACEMENT. Note: If the Insuring Company noted above is either Westchester Surplus Lines Insurance Company or Illinois Union Insurance Company, then this insurance is issued pursuant to the state Surplus Lines laws that the insured is domiciled. Persons insured by Surplus Lines carriers do not have the protection of the above captioned state's Guaranty Act to the extent of any right of recovery for the obligation of an insolvent unlicensed insurer. Any applicable taxes, surcharges or countersignature fees, etc., are in addition to the above indicated figures. Your office is responsible for making State Surplus Lines Filings and complying with all applicable laws. Sincerely, Kristen Dahlen Underwriter, Financial Lines Chubb Chubb. Insured' Chubb Cyber Enterprise Risk Management Policy Insurance Proposal POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE Coverage for acts of terrorism is included in your policy. You are hereby notified that under the Terrorism Risk Insurance Act, as amended in 2015, the definition of act of terrorism has changed. As defined in Section 102(1) of the Act: The term "act of terrorism" means any act or acts that are certified by the Secretary of the Treasury ---in consultation with the Secretary of Homeland Security, and the Attorney General of the United States -- -to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property, or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of certain air carriers or vessels or the premises of a United States mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion. Under your coverage, any losses resulting from certified acts of terrorism may be partially reimbursed by the United States Government under a formula established by the Terrorism Risk Insurance Act, as amended. However, your policy may contain other exclusions which might affect your coverage, such as exclusion for nuclear events. Under the formula, the United States Government generally reimburses 85% through 2015; 84% beginning on January 1, 2016; 83% beginning on January 1, 2017; 82% beginning on January 1, 2018; 81% beginning on January 1, 2019 and 80% beginning on January 1, 2020, of covered terrorism losses exceeding the statutorily established deductible paid by the insurance company providing the coverage. The Terrorism Risk Insurance Act, as amended, contains a $100 billion cap that limits U.S. Government reimbursement as well as insurers' liability for losses resulting from certified acts of terrorism when the amount of such losses exceeds $100 billion in any one calendar year. If the aggregate insured losses for all insurers exceed $100 billion, your coverage may be reduced. The portion of your annual premium that is attributable to coverage for acts of terrorism is , and does not include any charges for the portion of losses covered by the United States government under the Act. I ACKNOWLEDGE THAT I HAVE BEEN NOTIFIED THAT UNDER THE TERRORISM RISK INSURANCE ACT, AS AMENDED, ANY LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM UNDER MY POLICY COVERAGE MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT AND MAY BE SUBJECT TO A $100 BILLION CAP THAT MAY REDUCE MY COVERAGE, AND I HAVE BEEN NOTIFIED OF THE PORTION OF MY PREMIUM ATTRIBUTABLE TO SUCH COVERAGE. TR -19606d (01115) All HISCOX Terrorism and Sabotage Insurance for Municipalities Effective with UNDERWRITERS AT LLOYD'S LONDON Hiscox Inc. 520 Madison Avenue 32"' floor, New York, NY 10022 (914)273-7400 Policy Number: UTS 2552771.17 In accordance with the authorization granted to Hiscox Inc. under Contract No. B1234Hislnc2017 by certain Underwriters at Lloyd's, London, whose names and the proportions underwritten by them can be ascertained by reference to the said Contract, which bears the Seal of Lloyd's Policy Signing Office and is on file at the office of the said Agency and in consideration of the premium specified herein, the said Underwriters do hereby bind themselves, each for his own part and not one for another, their heirs, executors and administrators, to insure as follows in accordance with the terms and conditions contained or endorsed hereon. Broker number* 10000475 Broker Name Aon Risk insurances Services West, Inc. (Los Angeles) Broker Address: 707 Wilshire Blvd Ste 2600 Los Angeles, CA 90017 Policy number: UTS 2552771.17 Renewal of: NEW Page 1 of 5 HIscox Terrorism and Sabotage Insurance for Municipalities Effective with UNDERWRITERS AT LLOYD'S LONDON Hiscox Inc. 520 Madison Avenue 32"' floor, New York, NY 10022 (914)273-7400 Policy Number: UTS 2552771.17 GENERAL DETAILS 1. Insured: City of San Bernardino 2. Insured's Address: 300 N D St, San Bernardino, CA 92418-0001 3. Total Insured Value: USD $312,811,205 Beginning and ending at 12:01 A.M. (Standard 4. Policy Period: 07/31/2017 to 07/31/2018 Time) at the address of the Named Insured. 5. Perils Insured: Terrorism and/or Sabotage as more fully set forth in the attached Hiscox Terrorism and Sabotage Insurance for Municipalities. 6. Territory: While at the location(s) of the Insured, as declared to and agreed by Hiscox Inc., within the Continental of the United States of America. 7. Restricted Areas: Manhattan, Chicago, San Francisco 8. Premium: USD $14,500 (For our participation) 9. Amount Insured: USD $50,000,000 in the aggregate during the period of insurance. 10. Deductibles: Section 1 USD $25,000 Property Damage: Section 2 USD $25,000 Time Element: Section 3 EXCLUDED Nuclear, Chemical, Biological, Radiological: (NCBR) Section 4 EXCLUDED Liability: 11. Participation 100% being equivalent to USD $50,000,000 12. Notification of claims Hiscox Inc., 520 Madison Avenue 32nd floor, New York, NY 10022 to: Terrorism.claims a; hiscox.com 13. Law & Jurisdiction: New York 14. Attachments: 1. E1.4; 2. E100.2; 3. E240.10; 4. E246.2; 5. E263.2 15. Minimum Earned If this policy is cancelled by the Named Insured, Underwriters shall retain the Premium customary short rate proportion of the premium or 25% of the premium charged, whichever is greater Page 2 of 5 �.. Terrorism and Sabotage Insurance for Municipalities H' SCOL Effective with UNDERWRITERS AT LLOYD'S LONDON Hiscox Inc. 520 Madison Avenue 32"' floor, New York, NY 10022 (914)273-7400 Policy Number: UTS 2552771.17 I. Property Damage Coverage extension(s) USD $50,000,000 in the aggregate during the period of insurance. sub -limits of liability. The following extension(s) of coverage apply when a sub -limit for such coverage is below. These extensions of Coverage are: 1. subject to the applicable sub -limit of liability shown below; 2. part of and not in addition to the above Section 1 policy limit of liability; and 3. subject to the policy provisions, including applicable exclusions and deductibles. Miscellaneous unnamed locations: USD $10,000,000 New buildings and additions under construction: USD $5,000,000 (combined limit if Section 2 is in force) Accounts Receivable: USD $2,500,000 Automatic Coverage: USD $25,000,000 (combined limit if Section 2 is in force) For up to 90 days Debris removal expenses: USD $10,000,000 Decontamination costs excluding NCBR: USD $2,500,000 Demolition and increased cost of construction: USD $5,000,000 Errors and omissions: USD $10,000,000 Fine art: USD $1,000,000 Professional fees: USD $1,000,000 Service interruption: USD $10,000,000 (combined limit if Section 2 is in force) Transportation: USD $2,500,000 Valuable Papers: USD $1,000,000 Page 3 of 5 Terrorism and Sabotage Insurance for Municipalities HI SCOX Effective with UNDERWRITERS AT LLOYD'S LONDON J Hiscox Inc. 520 Madison Avenue 32nd floor, New York, NY 10022 (914)273-7400 Policy Number: UTS 2552771.17 Il. Combined Time Element Coverage extension(s) USD $6,135,231 in the aggregate during the period of insurance. sub -limits of liability. The following extension(s) of coverage apply when a sub -limit for such coverage is below. These extensions of Coverage are: subject to the applicable sub -limit of liability shown below; part of and not in addition to the above Section 2 policy limit of liability; and 3. subject to the policy provisions, including applicable exclusions and deductibles. Expediting costs and extra expense combined: Leasehold interest: Rental income: Commissions, profits and royalties: Service interruption: (combined limit if Section 1 is in force) Contingent time element named suppliers/customers: Civil or military authority: Ingress/egress: Extended period of indemnity: III. Nuclear, Chemical, Biological, Radiological (NCBR) Coverage extension(s) EXCLUDED sub -limits of liability. IV. Liability Coverage extension(s) EXCLUDED sub -limits of liability. USD $5,000,000 USD $5,000,000 USD $5,000,000 USD $5,000,000 USD $6,135,231 USD $5,000,000 The lesser of USD $ 1,000,000 or up to 30 days The lesser of USD $ 1,000,000 or up to 30 days 180 days Page 4 of 5 Terrorism and Sabotage Insurance for Municipalities H I SCOL Effective with UNDERWRITERS AT LLOYD'S LONDON J Hiscox Inc. 520 Madison Avenue 32"d floor, New York, NY 10022 (914)273-7400 Policy Number: UTS 2552771.17 The Certificate terms and conditions contained herein or endorsed hereon and such other provisions, agreements or conditions as may be endorsed hereon or added hereto are hereby incorporated in this Certificate. No representative of the Underwriters shall have the power to waive or be deemed to have waived any provision or condition of this Certificate unless such waiver, if any, shall be written upon or attached hereto; nor shall any privilege or permission affecting the insurance under this Certificate exist or be claimed by the Insured(s) unless so written or attached. IN WITNESS WHEREOF this Policy has been signed at Armonk, New York By: Carl Bach (Authorized Representative) Hiscox, Inc. Page 5 of 5 HISCOX Terrorism and sabotage insurance for municipalities Policy wording 0 2010 Hiscox. All rights reserved. - 1 - TER P015 CW (12-15) Aew H I SCOX Definitions Act of Terrorism Amount insured Endorsement Insured location Period of insurance Policy Sabotage We/us/our You/your/yours General terms which apply to the whole of this insurance Please read this insurance document, together with any endorsements and the Declarations page, very carefully. We will provide this insurance in return for the premium you have agreed to pay. Words shown in bold type have the same meaning throughout this policy and are defined below. Any changes to these definitions, and any extra definitions, are shown in the section to which they apply. An activity that: 1. is committed for political, religious, ideological or similar purposes and involves a violent act or the unlawful use of force or an unlawful act dangerous to human life or tangible property; and 2. is carried out by any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s); and 3. is intended to: a. intimidate or coerce a civilian population; or b. disrupt any segment of the economy of a government, state or country; or c. overthrow, influence, or affect the conduct of any government de jure or de facto by intimidation or coercion; or d. affect the conduct of a government by mass destruction, assassination, kidnapping or hostage taking. The most we will pay as shown in the declarations. Our maximum limit of liability during the period of insurance, regardless of the number of locations, coverages or sections under this policy, shall not exceed the aggregate limit shown in the declarations. A change to the terms of the policy agreed by us in writing. A location: 1. listed on a schedule on file with us; 2. covered as a Miscellaneous Unnamed Location; 3. covered under the terms and conditions of the Automatic Coverage or Errors and Omissions provisions of Section 1 of this policy. The term Location wherever used in this policy means: as specified in the declarations of locations, except for Miscellaneous Unnamed Locations; or if not so specified or if a Miscellaneous Unnamed Location, a building, yard, dock, wharf, pier or bulkhead (or any group of the foregoing) bounded on all sides by public streets, clear land space or open waterways, each not less than fifty feet wide. For the purpose of this provision any bridge or tunnel crossing such street, space or waterway will render such separation inoperative. The time for which this policy is in force as shown in the declarations. This insurance document and the declarations, including any endorsements. A subversive act or series of such acts committed for political, religious or ideological purposes including the intention to influence any government and/or to put the public in fear for such purposes. The insurers who have a share in this insurance as stated in the declarations. The insured stated in the declarations. 0 2010 Hiscox. All rights reserved. - 2 - TER P015 CW (12-15) e'. C H I SCQX General terms which apply to the whole of this insurance General Conditions The following conditions apply to the whole of this policy. Any extra conditions are shown in the Multiple insureds Our liability for any and all occurrence(s) will not exceed the amount insured. We shall have no liability in excess of the amount insured whether such amounts consist of insured losses sustained by all of you or any one or more of you. You agree that the insured named in the declarations, or if there is more than one insured named in the declarations the first of them is authorized to receive all notices and agree any endorsements to the policy on behalf of all of you. Insurers' several shares Each insurer underwriting a share of the limits in the policy has a several liability for that share that is not joint and is limited solely to that insurer's individual subscriptions. Each insurer is not responsible for the subscription of any other insurer who for any reason does not satisfy all or part of its obligations. Third -parties This insurance is effected solely between you and us. Nothing in this policy is intended to give any third -party any benefits under this insurance or the right to enforce a term of this insurance. Assignment No assignment of or change of interest in this policy or in any amount payable under it will be binding on or recognized by us unless you have obtained our prior written agreement. 0 2010 Hiscox. All rights reserved. - 3 - TER P015 CW (12-15) sections to which they apply. Application of limits Each Section's limit of liability, as stated in the declarations, applies as part of, and not in addition to, the aggregate amount insured as stated in the declarations. Each Section limit of liability for the coverages shown in the Declarations page is the maximum amount potentially recoverable for all insured loss, damage, cost or expense. Representations All materials and information provided in writing by you or your agent in connection with this insurance form the basis of and incorporated into this insurance. If you (i) have not told us about or have misrepresented any material facts or material circumstances relating to this insurance which are known by you or could reasonably be expected to have been known by you in the exercise of due diligence, (ii) present any claim to us knowing it to be fraudulent, or (iii) otherwise make any false statement or attempt any fraud with respect to this insurance, then we have the option in our sole discretion to reject the claim or void the insurance altogether as though it never existed. Burden of proof In any claim, and in any arbitration, suit or other proceeding with respect to a claim, you shall have the burden of proving that your claim satisfies each of the requirements of the sections of cover provided as well as the other provisions in the policy determining the right to recovery and the amount payable hereunder. Due diligence You (or any of your agents, contractors or subcontractors) must use due diligence and do (and concur in doing and permit to be done) everything reasonably practicable to avoid or diminish any loss insured and to secure compensation for any such loss including protecting rights and taking action against other parties to enforce any rights and remedies or to obtain relief or indemnity. Change in circumstance You must notify us immediately of any change in your business operation during the period of insurance which will materially affect this insurance. This includes, but is not limited to, changes in management, ownership or control of your business, any change in the nature of the business carried out at the insured location(s), any change in your operating conditions or values at risk. We may then vary the terms and conditions of this insurance. If you are in any doubt whether a change is material you should consult your broker or agent. Inspection We, or our authorized agent, have the right, at our expense, to inspect at any reasonable time the insured location(s). Any such inspection will not constitute or reflect our representation, guarantee or confirmation of safety of the insured location(s) or any other buildings or other property located there. Multiple insureds Our liability for any and all occurrence(s) will not exceed the amount insured. We shall have no liability in excess of the amount insured whether such amounts consist of insured losses sustained by all of you or any one or more of you. You agree that the insured named in the declarations, or if there is more than one insured named in the declarations the first of them is authorized to receive all notices and agree any endorsements to the policy on behalf of all of you. Insurers' several shares Each insurer underwriting a share of the limits in the policy has a several liability for that share that is not joint and is limited solely to that insurer's individual subscriptions. Each insurer is not responsible for the subscription of any other insurer who for any reason does not satisfy all or part of its obligations. Third -parties This insurance is effected solely between you and us. Nothing in this policy is intended to give any third -party any benefits under this insurance or the right to enforce a term of this insurance. Assignment No assignment of or change of interest in this policy or in any amount payable under it will be binding on or recognized by us unless you have obtained our prior written agreement. 0 2010 Hiscox. All rights reserved. - 3 - TER P015 CW (12-15) 40 H I SCOX General terms which apply to the whole of this insurance Suit against us No suit, action or proceeding for the recovery of any claim will be sustained in any court of law or equity unless: 1. you have fully complied with all the provisions of this policy; and 2. legal action is started within 12 (twelve) months after inception of the loss. If under the insurance laws of the jurisdiction in which the property is located, such 12 (twelve) months' limitation is invalid, then any such legal action needs to be started within the shortest limit of time permitted by such laws. Abandonment There shall be no abandonment to us of any property. Cancellation This policy may be cancelled by us as a result of non-payment of premium. Arbitration If we both fail to agree in whole or in part regarding any aspect of this policy, each of us shall, within ten (10) days after the demand in writing by either of us, appoint a competent and disinterested arbitrator and the two chosen shall before commencing the arbitration select a competent and disinterested umpire. The arbitrators together shall determine such matters in which we both fail to agree and shall make an award thereon and the award in writing of any two, duly verified, shall determine the same, and if they fail to agree, they will submit their differences to the umpire. You and we agree to each pay the arbitrators we have appointed and bear equally the expenses of the arbitration and the charges of the umpire. Service of suit This Service of Suit Clause will not be read to conflict with or override the obligations of both you and us to arbitrate our disputes as provided for in the above arbitration provision. This clause is intended as an aid to compelling arbitration or enforcing such arbitration or arbitral award, not as an alternative to such arbitration provision for resolving disputes arising out of this contract of insurance. It is agreed that in the event of our failure to pay any amount claimed to be due under this policy, we, at your request, will submit to the jurisdiction of a court of competent jurisdiction within the United States. Nothing in this clause constitutes or should be understood to constitute a selection of controlling law or a waiver of our rights to commence an action in any court of competent jurisdiction in the United States, to remove an action to a United States District court, or to seek a transfer of a case to another court as permitted by the laws of the United States or of any state in the United States. It is further agreed that service of process in such suit may be made upon the attorney named in this policy and that in any suit instituted against any one of them upon this contract, we will abide by the final decision of such court or of any appellate court in the event of an appeal. The attorney named in this policy is authorized and directed to accept service of process on our behalf in any such suit and/or upon your request to give a written undertaking to you that he will enter a general appearance upon our behalf in the event such a suit shall be instituted. Further, pursuant to any statute of any state, territory or district of the United States which makes provision therefore, we hereby designate the superintendent, commissioner or director of insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as our true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of you or any beneficiary hereunder arising out of this contract of insurance, and hereby designate the attorney named in this policy as the person to whom the said officer is authorized to mail such process or a true copy thereof. Choice of law This policy shall be subject to the applicable state law to be determined by the court of competent jurisdiction as determined by the provisions of the Service of Suit Clause. ® 2010 Hiscox All rights reserved. - 4 - TER P015 CW (12-15) 0$11� H I. COX General terms which apply to the whole of this insurance Conformity clause Any terms of this policy which may conflict with applicable statutes (or statutes deemed applicable by a court of competent jurisdiction) are amended to conform with the minimum requirements of such statutes. It is further understood and agreed that this policy does not apply to the extent any trade or economic sanctions, or other laws or regulations prohibit us from providing insurance, including, but not limited to, the payment of any claims. Titles The titles in this policy are only for reference. The titles do not in any way affect the provisions of this policy. What to do when a The following claims conditions apply to the whole of this policy except Section 4 - Liability. What to loss occurs do when you have a claim under Section 4 is set out in that section. You should refer to the relevant cover section for details of how your claim will be settled. How to make a claim You must tell us or your insurance agent as soon as possible about any incident which you may need to claim for under this policy. If you do not, we will not have to pay your claim. You must prove the loss or damage has happened and give us all the cooperation we need. Temporary emergency repairs If temporary repairs are needed urgently to prevent further damage, you should arrange for them to be done immediately. Before any other repair work begins we have the right to inspect the damaged property. We will tell you if we want to do this. Recovering a loss payment In the event of claim in which there is potential for recovery from any third -party, we shall be entitled but not obliged to take over and deal with in your name (but at our expense) the pursuit and resolution of that third -party action. If we pay you for the claim under this policy, we would be entitled but not obligated to bring proceedings in your name to recover for our benefit the amount of any payment made under this policy, including our costs and expenses incurred in that third - party action, all of which shall be deducted first from any recovery made. We shall be entitled but not obliged to exercise all of your rights and remedies whether or not payment has been made under this policy and you shall give all assistance in your power as we may require. Salvage and recoveries All salvages, recoveries and payments recovered or received subsequent to a loss settlement under this policy shall be for our benefit Currency for loss Payment All amounts, including deductibles and limits of liability, indicated in this policy are in the currency of the United States of America. Losses will be adjusted and paid in the currency of the United States of America. General exclusions The following exclusions apply to the whole of this policy. Any extra exclusions are shown in the sections to which they apply. 1. Loss, damage or liability directly or indirectly caused by war, invasion, act of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power. 2. Loss, damage or liability caused by or resulting from your property being confiscated, taken, damaged or destroyed by or under the order of any government or public or local authority. 3. Any claim where you would be entitled to be paid under any other insurance if this policy did not exist, except for any excess above the amount that would be covered under the other insurance. 0 2010 Hiscox All rights reserved. - 5 - TER P015 CW (12-15) H I SCOX Section 1: Property damage Please read your declarations page to see if this section is in force. This section is subject to the general definitions, terms, conditions, limitations and exclusions and to the additional definitions, terms, conditions, limitations and exclusions appearing below. If you need to make a claim refer to 'what to do when a loss occurs' within General Terms. Definitions The following extra definitions also apply to the whole of this section: Fine arts Paintings; etchings; pictures; tapestries; rare or art glass; art glass windows; valuable rugs; statuary; sculptures; antique furniture; antique jewellery; brio-a-brac; porcelains; and similar property of rarity, historical value, or artistic merit excluding automobiles, coins, stamps, furs, jewellery, precious stones, precious metals, watercraft, aircraft, money, securities. Insured property The following property, unless otherwise excluded elsewhere in this policy, located at an insured location or within 1,000 feet thereof, to the extent of your interest in such property. 1. Real property, including new buildings and additions under construction at an insured location, in which you have an insurable interest. 2. Personal property: a. owned by you, including your interest as a tenant in improvements and betterments. In the event of insured physical loss or damage insured by this policy, we agree to accept and consider you as sole and unconditional owner of improvements and betterments, notwithstanding any contract or lease to the contrary; b. of officers and employees of yours; C. of others in your custody to the extent you are under an obligation to keep insured for physical loss or damage insured by this policy; d. of others in your custody to the extent of your legal liability for insured physical loss or damage to personal property. We will defend that portion of any suit against you that alleges such liability and seeks damages for such insured physical loss or damage. We may, without prejudice, investigate, negotiate and settle any claim or suit as we deem expedient. Occurrence Any one loss and/or series of losses arising out of and directly occasioned by one act or series of acts of terrorism or sabotage for the same purpose or cause. The duration and extent of any one occurrence shall be limited to all losses sustained by you at the insured property during any period of 72 consecutive hours arising out of the same purpose or cause. However no such period of 72 consecutive hours may extend beyond the expiration of this Policy unless you shall first sustain direct physical damage by an act of terrorism or an act of sabotage prior to expiration and within said period of 72 consecutive hours nor shall any period of 72 consecutive hours commence prior to the attachment of this Policy. Valuable papers and records Written, printed or otherwise inscribed documents and records, including books, maps, films, drawings, abstracts, deeds, mortgages and manuscripts, all of which must be of value to you. Cover Subject to the terms, conditions and exclusions of this policy, we agree to cover the insured property against direct physical loss or physical damage occurring during the period of insurance caused by an act of terrorism or sabotage. This policy also insures the interest of contractors and subcontractors in insured property during construction at an insured location or within 1,000 feet thereof, to the extent of your legal liability for insured physical loss or damage to such property. Such interest of contractors and subcontractors is limited to the property for which they have been hired to perform work and such interest will not extend to any Time Element coverage provided under this policy. 0 2010 Hiscox All rights reserved. - 6 - TER P015 CW (12-15) H I SCOX Section 1: Property damage Exclusions The following extra exclusions apply to the whole of this Section. A. This policy excludes: 1. indirect or remote loss or damage; 2. interruption of business, except to the extent provided by this policy; 3. loss of market or loss of use; 4. loss or damage or deterioration arising from any delay; 5. loss from enforcement of any law or ordinance: a. regulating the construction, repair, replacement, use or removal, including debris removal, of any property; or b. requiring the demolition of any property, including the cost in removing its debris; except as provided by the Decontamination Costs and Demolition And Increased Cost Of Construction coverages of this section of this policy. B. This policy excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with the actual or threatened use of pathogenic or poisonous biological or chemical materials regardless of any other cause or event contributing concurrently or in any other sequence thereto. C. This policy excludes loss, damage, cost or expense of whatsoever nature, directly or indirectly caused by, resulting from or in connection with any of the following regardless of any other cause or event, whether or not insured under this policy, contributing concurrently or in any other sequence to the loss: nuclear reaction or nuclear radiation or radioactive contamination; lack of the following services: a. incoming electricity, fuel, water, gas, steam, refrigerant; b. outgoing sewerage; C. incoming or outgoing voice, data or video, all when caused by an occurrence off the insured location, except as provided in Service Interruption provisions of this section. D. This policy excludes any loss, damage, claim, cost, expense or other sum directly or indirectly arising out of or relating to seepage and or discharge of pollutants or contaminants, which pollutants and contaminants shall include but not be limited to any solid, liquid, gaseous or thermal irritant, contaminant or toxic or hazardous substance or any substance the presence, existence or release of which endangers or threatens to endanger the health, safety or welfare of persons or the environment. E. This policy excludes any fine or penalty or other assessment which is incurred by you or which is imposed by any court, government agency, public or civil authority or any other person. F. This policy excludes loss or damage by electronic means including but not limited to computer hacking or the introduction of any form of computer virus or corrupting or unauthorised instructions or code or the use of any electromagnetic weapon. This exclusion shall not operate to exclude losses (which would otherwise be covered under this policy) arising from the use of any computer, computer system or computer software programme or any other electronic system in the launch and/or guidance system and/or firing mechanism of any weapon or missile. G. This policy excludes loss or damage caused by vandals or other persons acting maliciously or by way of protest or strikes, labour unrest, riots or civil commotion. 0 2010 Hiscox. All rights reserved. - 7 - TER P015 CW (12-15) H I SCOX Section 1: Property damage H. This policy excludes loss or damage caused by measures taken to prevent, suppress or control actual or potential act of terrorism or sabotage unless agreed by us in writing prior to such measures being taken. This policy excludes loss or increased cost as a result of threat or hoax. Coverage territory This policy covers insured locations situated within the United States of America. Limit of liability Our maximum liability in a single occurrence regardless of the number of Locations or coverages involved will not exceed the amount insured. However, when a sub -limit of liability for a Location or other specified property or coverage is shown, such sub -limit will be the maximum amount payable for any loss or damage arising from physical loss or damage at such Location or involving such other specified property or such coverage. The sub -limits of liability specified in the declarations and as may be specified elsewhere in this policy are program sub -limits of liability and are part of and not in addition to the program limit of liability over this policy and all other program policies combined. The sub -limits of liability specified in the declarations apply in the aggregate, unless otherwise specified, for all Locations and coverages combined. Our maximum liability (or sub -limit of liability) in a single occurrence regardless of the number of Locations or coverages involved will not exceed the amount insured. When a limit of liability for a Location or other specified property or coverage is shown, such limit will be the maximum amount payable for any loss or damage arising from physical loss or damage at such Location or involving such other specified property or coverage. Deductibles In each case of loss covered by this policy, we will be liable only if you sustain a loss in a single occurrence greater than the applicable deductible specified in the Declarations, and only for our share of that greater amount. Unless otherwise stated below: A. When this policy insures more than one location, the deductible will apply against the total loss covered by this policy in any one occurrence. B. If two or more deductibles provided in this policy apply to a single occurrence, the total to be deducted will not exceed the largest deductible applicable, unless otherwise provided. However any deductibles applicable to Time Element coverages, if any, shall apply in addition to the applicable property damage deductible. Property excluded The following extra exclusions apply to the whole of this section. This policy excludes: A. currency, money, precious metal in bullion form, notes, or securities. B. land, water or any other substance in or on land; except this exclusion does not apply to: 1. land improvements consisting of landscape gardening, roadways and pavements, but not including any fill or land beneath such property; 2. water that is contained within any enclosed tank, piping system or any other processing equipment. C. animals, standing timber, growing crops. D. watercraft, aircraft, spacecraft, and satellites. E. vehicles of your officers and employees or vehicles otherwise insured for physical loss or damage. 0 2010 Hiscox. All rights reserved. - 8 - TER P015 CW (12-15) H I SCOL! Section 1: Property damage dams, dikes and levees. G. property in transit, except as otherwise provided by this Policy. H. property sold by you under conditional sale, trust agreement, installment plan or other deferred payment plan after delivery to customers. I. transmission and distribution lines beyond 1,000 feet of the insured location. Additional coverages This policy includes the following additional coverages for physical loss or damage insured by this policy. These additional coverages: 1. are subject to the applicable limit or sub -limit of liability; 2. will not increase the amount insured; and 3. are subject to the policy provisions, including applicable exclusions and deductibles, all as shown in this section and elsewhere in this policy. Accounts receivable This policy covers any shortage in the collection of accounts receivable, resulting from insured physical loss or damage to accounts receivable records while anywhere within the Territory stated in the declarations, including while in transit in such territory. We will be liable for the interest charges on any loan to offset impaired collections pending repayment of such sum uncollectible as the result of such loss or damage. Unearned interest and service charges on deferred payment accounts and normal credit losses on bad debts will be deducted in determining the recovery. 1. In the event of loss to accounts receivable records, you will use all reasonable efforts, including legal action, if necessary, to effect collection of outstanding accounts receivable. 2. You agree to use any suitable property or service: a. owned or controlled by you; or b. obtainable from other sources, in reducing the loss under this additional coverage. 3. This policy covers any other necessary and reasonable costs incurred to reduce the loss, to the extent the losses are reduced. 4. If it is possible to reconstruct accounts receivable records so that no shortage is sustained, we will be liable only for the reasonable and necessary cost incurred for material and time required to re-establish or reconstruct such records, and not for any costs covered by any other insurance. 5. Accounts Receivable Exclusions: The following exclusions are in addition to the Exclusions clause of this section: This Additional Coverage does not insure any increase in loss resulting from: a. bookkeeping, accounting or billing errors or omissions; or b. i. alteration, falsification, manipulation; or ii. concealment, destruction or disposal, 6. of accounts receivable records committed to conceal the wrongful giving, taking, obtaining or withholding of money, securities or other property; but only to the extent of such wrongful giving, taking, obtaining or withholding. 7. The settlement of loss will be made within 90 days from the date of physical loss or damage. All amounts recovered by you on outstanding accounts receivable on the date of loss will belong and be paid to us up to the amount of loss paid by us. All recoveries exceeding the amount paid will belong to you. 0 2010 Hiscox. All rights reserved. - 9 - TER P015 CW (12-15) rtv HISCOX Automatic coverage Section 1: Property damage This policy covers property of the type insured by this policy at any location rented, leased or purchased by you after the inception date of this policy. This coverage applies from the date of rental, lease or purchase. We will only provide this additional coverage if. 1. the total additional values during the period of insurance do not exceed 10% of total insured values declared to us at the inception of this insurance; 2. the additional values are reported to us within 90 days from the date of rental, lease or purchase; 3. payment of an additional premium, as determined by us, is made within 30 days of the appropriate date shown in item 2 above; 4. such additional property is not: a. in whole or in part insured by any other insurance policy; b. located in any of the Restricted Areas shown in the declarations. In the event of coverage being required for additional property and interests where: 1. the total additional values during the period of insurance exceed the percentage amount shown in 1. above; or 2. such property and interest are located within the Restricted Areas stated in 4. b) above; information is to be provided to us before such additional property becomes at your risk, and if such property is accepted by us, an additional premium will be determined and payable at that time. We agree to allow a return of premium in respect of property divested during the period of insurance. Insured property divested during the period of insurance must be reported to us on a quarterly basis. Return of premium will be determined by us at the end of each quarterly period. Control of damaged property This policy gives control of insured property that suffers insured physical damage as follows: Debris removal 1. You will have full rights to the possession and control of damaged property in the event of insured physical damage to such property provided proper testing is done to show which property is physically damaged. 2. You, using reasonable judgment, will decide if the physically damaged property can be reprocessed or sold. 3. Property so judged by you to be unfit for reprocessing or selling will not be sold or disposed of except by you, or with your consent. 4. Any salvage proceeds received will go to: a. us at the time of loss settlement; or b. you if received prior to loss settlement and such proceeds will reduce the amount of loss payable accordingly. This policy covers the reasonable and necessary costs incurred to remove debris from an insured location that remains as a direct result of physical loss or damage insured by this policy. This additional coverage does not cover the costs of removal of: contaminated uninsured property; or the contaminant in or on uninsured property, whether or not the contamination results from insured physical loss or damage. Contamination includes, but is not limited to, the presence of pollution or hazardous material. 0 2010 Hiscox. All rights reserved. - 10 - TER P015 CW (12-15) of H I SCOX Section 1: Property damage Decontamination costs If insured property is contaminated as a direct result of physical damage insured by this policy and there is in force at the time of the loss any law or ordinance regulating contamination, including but not limited to the presence of pollution or hazardous material, then this policy covers, as a direct result of enforcement of such law or ordinance, the increased cost of decontamination and/or removal of such contaminated insured property in a manner to satisfy such law or ordinance. This additional coverage applies only to that part of insured property so contaminated as a direct result of insured physical damage. We are not liable for: 1. the costs required for removing contaminated uninsured property nor the contaminant therein or thereon, whether or not the contamination results from an insured event. 2. loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with an act of terrorism and/or sabotage which involves pathogenic or poisonous biological or chemical materials. Demolition and increased cost 1. This policy covers the reasonable and necessary costs incurred, described in item 3 below, of working to satisfy the minimum requirements of the enforcement of any law or ordinance regulating the demolition, construction, repair, replacement or use of buildings or structures at an insured location, provided: a. such law or ordinance is in force on the date of insured physical loss or damage; and b. its enforcement is a direct result of such insured physical loss or damage. 2. This additional coverage does not cover loss due to any law or ordinance with which you were required to comply with had the loss not occurred. 3. This additional coverage, as respects the insured property in item 1 above, covers: Errors and omissions a. the cost to repair or rebuild the physically damaged portion of such property with materials and in a manner to satisfy such law or ordinance; and b. the cost: i. to demolish the physically undamaged portion of such insured property; and ii, to rebuild it with materials and in a manner to satisfy such law or ordinance, to the extent that such costs result when the demolition of the physically damaged insured property is required to satisfy such law or ordinance. 4. This additional coverage excludes any costs incurred as a direct or indirect result of enforcement of any laws or ordinances regulating any form of contamination including but not limited to the presence of pollution or hazardous material. 5. Our maximum liability for this additional coverage at each insured location in any occurrence will not exceed the actual cost incurred in demolishing the physically undamaged portion of the insured property in item 1 above plus the lesser of: a. the reasonable and necessary actual cost incurred, excluding the cost of land, in rebuilding on another site; or b. the cost of rebuilding on the same site. If physical loss or damage is not payable under this policy solely due to an error or unintentional omission: 1. in the description of where insured property is physically located; 2. to include any Location: a. owned, rented or leased by you on the effective date of this policy; or b. purchased, rented or leased by you during the term of this policy; or 3. that results in cancellation of the insured property under this policy; this policy covers such physical loss or damage, to the extent it would have provided coverage had such error or unintentional omission not been made. 0 2010 Hiscox. All rights reserved. - 11 - TER P015 CW (12-15) H I SCQX Section 1: Property damage It is a condition of this additional coverage that any error or unintentional omission be reported 1. fire department fire fighting charges imposed as a result of responding to a fire in, on, or exposing the insured property which is caused by an act of terrorism or sabotage insured by this policy. 2. costs incurred of restoring and recharging fire protection systems following an insured loss. 3. costs incurred for the water used for fighting a fire in, on or exposing the insured property provided such fire is caused by an act of terrorism or sabotage insured by this policy. This additional coverage is subject to the deductible provisions that would have applied had the physical loss or damage occurred. Service interruption 1. This policy covers insured physical loss or damage to insured property at an insured location when such physical loss or damage results from the interruption of the specified incoming services consisting of electricity, gas, fuel, steam, water, refrigeration or from the lack of outgoing sewerage service by reason of physical loss or damage, as insured by this policy, to property of the type not otherwise excluded by this policy of the supplier of such service located within this policy's Territory, that immediately prevents in whole or in part the delivery of such usable service. 2. Additional General Provisions: a. You will immediately notify the suppliers of services of any interruption of such services. b. We will not be liable if the interruption of such services is caused directly or indirectly by loss or damage to overhead transmission lines located beyond one mile from the affected Insured location. 0 2010 Hiscox. All rights reserved. - 12 - TER P015 CW (12-15) by you to us when discovered and corrected. This additional coverage does not apply to insured property or locations within the Restricted Areas shown in the declarations. Expediting costs This policy covers the reasonable and necessary costs incurred to pay for the temporary repair of insured damage to insured property and to expedite the permanent repair or replacement of such damaged property. This additional coverage does not cover costs: 1. recoverable elsewhere in this policy; or 2. of permanent repair or replacement of damaged property. Fine arts This policy covers insured physical loss or damage to fine arts articles while anywhere within this policy's Territory, including while in transit This additional coverage excludes loss or damage if the fine arts cannot be replaced with other of like kind and quality, unless it is specifically declared to us. Professional fees This policy covers the actual costs incurred by you, of reasonable fees payable to your accountants, architects, auditors, engineers, or other professionals and the cost of using your employees, for producing and certifying any particulars or details contained in your books or documents, or such other proofs, information or evidence required by us resulting from insured loss payable under this policy for which we have accepted liability. Coverage will not include the fees and costs of attorneys, public adjusters, and loss appraisers, all including any of their subsidiary, related or associated entities either partially or wholly owned by them or retained by them for the purpose of assisting them nor the fees and costs of loss consultants who provide consultation on coverage or negotiate claims. Protection and preservation of This policy covers reasonable and necessary: property 1. fire department fire fighting charges imposed as a result of responding to a fire in, on, or exposing the insured property which is caused by an act of terrorism or sabotage insured by this policy. 2. costs incurred of restoring and recharging fire protection systems following an insured loss. 3. costs incurred for the water used for fighting a fire in, on or exposing the insured property provided such fire is caused by an act of terrorism or sabotage insured by this policy. This additional coverage is subject to the deductible provisions that would have applied had the physical loss or damage occurred. Service interruption 1. This policy covers insured physical loss or damage to insured property at an insured location when such physical loss or damage results from the interruption of the specified incoming services consisting of electricity, gas, fuel, steam, water, refrigeration or from the lack of outgoing sewerage service by reason of physical loss or damage, as insured by this policy, to property of the type not otherwise excluded by this policy of the supplier of such service located within this policy's Territory, that immediately prevents in whole or in part the delivery of such usable service. 2. Additional General Provisions: a. You will immediately notify the suppliers of services of any interruption of such services. b. We will not be liable if the interruption of such services is caused directly or indirectly by loss or damage to overhead transmission lines located beyond one mile from the affected Insured location. 0 2010 Hiscox. All rights reserved. - 12 - TER P015 CW (12-15) nOn H I SCOX Section 1: Property damage Temporary removal of property 1. When insured property is removed from an insured location for the purpose of being repaired or serviced, this Policy covers such property: a. while at the location to which such property has been moved; and b. for physical loss or damage as provided at the insured location from which such property was removed. 2. This additional coverage does not apply to property: a. insured, in whole or in part, elsewhere in this policy; b. insured, in whole or in part, by any other insurance policy; C. removed for normal storage, processing or preparation for sale or delivery. Transportation 1. This policy covers the following Personal Property, except as excluded by this policy, while in transit within the Territory of this policy: a. owned by you; b. shipped to customers under free on board, cost and freight or similar terms. Your contingent interest in such shipments is admitted; C. of others in your actual or constructive custody to the extent of your interest or legal liability; d. of others sold by you, that you have agreed prior to the loss to insure during course of delivery. 2. This Additional Coverage excludes: a. samples in the custody of salespeople or selling agents; b. property insured under import or export ocean marine insurance; c. waterborne shipments, unless: L by inland water; or ii. by coastal shipments; d. airborne shipments unless by regularly scheduled passenger airlines or air freight carriers; e. property of others, including your legal liability for it, hauled on vehicles owned, leased or operated by you when acting as a common or contract carrier; f. any transporting vehicle. 3. Coverage Attachment and Duration: a. This Additional Coverage covers from the time the property leaves the original point of shipment for transit. It then covers continuously in the due course of transit until such property arrives at the agreed destination. b. However, coverage on export shipments not insured under ocean cargo policies ends when the property is loaded on board overseas vessels or aircraft. Coverage on import shipments not insured under ocean cargo policies begins after discharge from overseas vessels or aircraft. 4. This Additional Coverage covers general average and salvage charges on shipments covered while waterborne. 5. Additional General Provisions: a. This Additional Coverage will not inure directly or indirectly to the benefit of any carrier or bailee. b. You have permission, without prejudicing this insurance, to accept: L ordinary bills of lading used by carriers; ii. released bills of lading; 0 2010 Hiscox. All rights reserved. - 13 - TER P015 CW (12-15) AM HISCOX Valuable papers Requirements in case of loss Section 1: Property damage iii. undervalued bills of lading; and iv. shipping or messenger receipts. C. You may waive subrogation against railroads under side track agreements. Except as otherwise stated, you will not enter into any special agreement with carriers releasing them from their common law or statutory liability. This policy covers insured physical loss or damage to valuable papers and records while anywhere within this policy's Territory, including while in transit. This Additional Coverage excludes loss or damage to: a. currency, money or securities; b. property held as samples or for sale or for delivery after sale. You must: 1. give written notice to us of any loss as soon as possible; 2. protect the property from further loss or damage; 3. promptly separate the damaged and undamaged property; put it in the best possible order; and furnish a complete inventory of the lost, destroyed, damaged and undamaged property showing in detail the quantities, costs, actual cash value, replacement value and amount of loss claimed; 4. give a signed and sworn proof of loss to us within 90 (ninety) days after the loss, unless that time is extended in writing by us. The proof of loss must state your knowledge and belief as to: a. the time and origin of the loss; b. your interest and that of all others in the property; C. the actual cash value and replacement value of each item and the amount of loss to each item; all encumbrances; and all other contracts of insurance, whether valid or not, covering any of the property; d. any changes in the title, use, occupation, location, possession or exposures of the property since the effective date of this Policy; e. by whom and for what purpose any location insured by this Policy was occupied on the date of loss, and whether or not it then stood on leased ground; 5. include a copy of all the descriptions and schedules in all policies and, if required, provide verified plans and specifications of any buildings, fixtures, machinery or equipment destroyed or damaged; 6. further, you will, as often as may be reasonably required: a. exhibit to any person designated by us all that remains of any property; b. submit to examination under oath by any person designated by us and sign the written records of examinations; and C. produce for examination at our request: i. all books of accounts, business records, bills, invoices and other vouchers; or ii. certified copies if originals are lost, at such reasonable times and places that we or our representatives may designate and permit extracts and machine copies to be mad. 0 2010 Hiscox. All rights reserved. - 14 - TER P015 CW (12-15) VIM HISCOX Loss adjustment Valuation Section 1: Property damage Loss, if any, will be adjusted with and payable to you, or as may be directed by you. Additional insured interests will also be included in loss payment as their interests may appear when named as additional named insured, lender, mortgagee and/or loss payee in this insurance. Adjustment of the physical loss amount under this policy will be computed as of the date of loss at the location of the loss, and for no more than your interest, subject to the following: A. On stock in process, the value of raw materials and labor expended plus the proper proportion of overhead charges. B. On finished goods manufactured by you, the regular cash selling price at the Location where the loss happens, less all discounts and charges to which the finished goods would have been subject had no loss happened. C. On raw materials, supplies and other merchandise not manufactured by you: if repaired or replaced, the actual expenditure incurred in repairing or replacing the damaged or destroyed property; or if not repaired or replaced, the Actual Cash Value. D. On exposed films, records, manuscripts and drawings, that are not Valuable Papers and Records, the value blank plus the cost of copying information from back-up or from originals of a previous generation. These costs will not include research, engineering or any costs of restoring or recreating lost information. E. On Fine Arts articles, the lesser of: 1. the reasonable and necessary cost to repair or restore such property to the physical condition that existed on the date of loss; 2. cost to replace the article; 3. the value, if any, stated on a declarations on file with us. In the event a Fine Arts article is part of a pair or set, and a physically damaged article cannot be replaced, or repaired or restored to the condition that existed immediately prior to the loss, we will be liable for the lesser of the full value of such pair or set or the amount designated on the declarations. You agree to surrender the pair or set to us. F. On Valuable Papers And Records, the lesser of the following: 1, The cost to repair or restore the item to the condition that existed immediately prior to the loss. 2. The cost to replace the item. 3. The amount designated for the item on the declarations on file with us. G. On property in transit: 1. Property shipped to or for your account will be valued at actual invoice to you. Included in the value are accrued costs and charges legally due. Charges may include your commission as selling agent. 2. Property sold by you and shipped to or for the purchaser's account will be valued at your selling invoice amount. Prepaid or advanced freight costs are included. 3. Property not under invoice will be valued: a. for your property, at the valuation provisions of this Policy applying at the location from which the property is being transported; or b. for other property, at the actual cash market value at the destination point on the date of Occurrence, less any charges saved which would have become due and payable upon arrival at destination. H. On all other property, the loss amount will not exceed the lesser of the following: All with due diligence and dispatch: 0 2010 Hiscox. All rights reserved. - 15 - TER P015 CW (12-15) nfr+ HISCOX Section 1: Property damage a. the cost to repair; b. the cost to rebuild or replace on the same site with new materials of like size, kind and quality; C. the cost in rebuilding, repairing or replacing on the same or another site, but not to exceed the size and operating capacity that existed on the date of loss; d. the cost to replace unrepairable electrical or mechanical equipment, including computer equipment, with equipment that is the most functionally equivalent to that damaged or destroyed, even if such equipment has technological advantages and/or represents an improvement in function and/or forms part of a program of system enhancement. 2. The selling price of real property or machinery and equipment, other than stock, offered for sale on the date of loss. 3. The increased cost of demolition, if any, resulting from loss covered by this Policy, if such property is scheduled for demolition. 4. The unamortized value of improvements and betterments, if such property is not repaired or replaced at your expense. 5. The Actual Cash Value if such property is: a. useless to you; or b. not repaired, replaced or rebuilt on the same or another site within two years from the date of loss. You may elect not to repair or replace the insured real and/or personal property lost, damaged or destroyed. Loss settlement may be elected on the lesser of repair or replacement cost basis if the proceeds of such loss settlement are expended on other capital expenditures related to your operations within two years from the date of loss. As a condition of collecting under this item, such expenditure must be unplanned as of the date of loss and be made at an insured location under this Policy. This item does not extend to Demolition And Increased Cost Of Construction. The term Actual Cash Value wherever used in this Policy means the amount it would cost to repair or replace insured property, on the date of loss, with material of like kind and quality, with proper deduction for obsolescence and physical depreciation. Partial payment of loss In the event of a loss occurring which has been ascertained to be insured loss or damage under this policy and determined by our representatives to be in excess of the applicable policy deductible, we will advance mutually agreed upon partial payment(s) on the insured loss or damage, subject to the policy's provisions. To obtain said partial payments, you must submit a signed and sworn Proof of Loss as described in this Policy, with adequate supporting documentation Lenders loss payee and 1. We will pay for loss to specified insured property under this policy to each specified Lender mortgagee interest Loss Payee (hereinafter referred to as Lender) as its interest may appear, and to each specified Mortgagee as its interest may appear, under all present or future mortgages upon such property, in order of precedence of the mortgages. The interest of the Lender or Mortgagee (as the case may be) in Property Insured under this policy will not be invalidated by: a. any act of neglect of the debtor, mortgagor, or owner (as the case may be) of the property; b. foreclosure, notice of sale, or similar proceedings with respect to the property; C. change in the title or ownership of the property; d. change to a more hazardous occupancy. 0 2010 Hiscox. All rights reserved. - 16 - TER P015 CW (12-15) Jle! H I SCOX Section 1: Property damage The Lender or Mortgagee will notify us of any known change in ownership, occupancy, or hazard and, within 10 days of written request by us, may pay the increased premium associated with such known change. If the Lender or Mortgagee fails to pay the increased premium, all coverage under this policy will cease. If this policy is cancelled at your request or your agent, the coverage for the interest of the Lender or Mortgagee will terminate 10 days after we send to the Lender or Mortgagee written notice of cancellation, unless: e. sooner terminated by authorization, consent, approval, acceptance, or ratification of your action by the Lender or Mortgagee, or its agent. f. this policy is replaced by you, with insurance providing coverage for the interest of the Lender or Mortgagee, in which event coverage under this Policy with respect to such interest will terminate as of the effective date of the replacement insurance, notwithstanding any other provision of this policy. We may cancel this policy and/or the interest of the Lender or Mortgagee under this policy, by giving the Lender or Mortgagee written notice 90 days prior to the effective date of cancellation, if cancellation is for any reason other than non-payment. If the debtor, mortgagor, or owner has failed to pay any premium due under this policy, we may cancel this policy for such non-payment, but will give the Lender or Mortgagee written notice 10 days prior to the effective date of cancellation. If the Lender or Mortgagee fails to pay the premium due by the specified cancellation date, all coverage under this policy will cease. If we pay the Lender or Mortgagee for any loss, and denies payment to the debtor, mortgagor or owner, we will, to the extent of the payment made to the Lender or Mortgagee be subrogated to the rights of the Lender or Mortgagee under all securities held as collateral to the debt or mortgage. No subrogation will impair the right of the Lender or Mortgagee to sue or recover the full amount of its claim. At our option, we may pay to the Lender or Mortgagee the whole principal due on the debt or mortgage plus any accrued interest. In this event, all rights and securities will be assigned and transferred from the Lender or Mortgagee to us, and the remaining debt or mortgage will be paid by us. If you fail to render proof of loss, the Lender or Mortgagee, upon notice of your failure to do so, will render proof of loss within 60 days of notice and will be subject to the provisions of this policy relating to Arbitration, Settlement Of Claims, and Service Of Suit. Other provisions relating to the interests and obligations of the Lender or Mortgagee may be added to this policy by agreement in writing. Asbestos 1. This policy only covers asbestos physically incorporated in an insured building or structure, and then only that part of the asbestos which has been physically damaged during the period of insurance by and act of terrorism or sabotage. This additional coverage is subject to each of the following specific limitations: a. The said building or structure must be insured under this policy. b. The act of terrorism or sabotage, as insured by this policy, must be the immediate, sole cause of the damage of the asbestos. C. You must report to us the existence and cost of the damage as soon as practicable after the act of terrorism or sabotage first damaged the asbestos. However, this policy does not insure any such damage first reported to us more than 12 (twelve) months after the expiration, or termination, of the period of insurance. d. This additional coverage does not include any sum relating to: i. any faults in the design, manufacture or installation of the asbestos; ii. asbestos not physically damaged by an act of terrorism or sabotage including any governmental or regulatory authority direction or request of whatsoever nature relating to undamaged asbestos. Except as set forth in the foregoing Section 1, this policy does not insure asbestos or any sum relating thereto. 0 2010 Hiscox. All rights reserved. - 17 - TER P015 CW (12-15) H I SCQX Section 1: Property damage Electronic data This policy does not insure loss, damage, destruction, distortion, erasure, corruption or alteration of Electronic Data from any cause whatsoever (including but not limited to Computer Virus) or loss of use, reduction in functionality, cost, expense of whatsoever nature resulting there from, regardless of any other cause or event contributing concurrently or in any other sequence to the loss. Electronic Data means facts, concepts and information converted to a form useable for communications, interpretation or processing by electronic and electromechanical data processing or electronically controlled equipment and includes programmes, software and other coded instructions for the processing and manipulation of data or the direction and manipulation of such equipment. Computer Virus means a set of corrupting, harmful or otherwise unauthorised instructions or code including a set of maliciously introduced unauthorised instructions or code, programmatic or otherwise, that propagate themselves through a computer system or network of whatsoever nature. Computer Virus includes but is not limited to 'Trojan Horses', 'worms' and 'time or logic bombs'. m 2010 Hiscox. All rights reserved. - is - TER P015 CW (12-15) H I SCOX Section 2: Time element Please read your declaration page to see if this section is in force. This section is subject to the general definitions, terms, conditions, limitations and exclusions and to the additional definitions, terms, conditions, limitations and exclusions appearing below. If you need to make a claim refer to 'what to do when a loss occurs' within General Terms. Definitions The following extra definitions also apply to the whole of this section: Gross earnings The total net sales less cost of merchandise sold, materials and supplies consumed in the operations or services rendered by you. (Any amount recovered under property damage coverage at selling price for loss or damage to merchandise will be considered to have been sold to your regular customers and will be credited against net sales). Ordinary payroll The entire payroll expense for all your employees except officers, executives, department managers and employees under contract. Lease interest The excess rent paid for the same or similar replacement property over actual rent payable plus cash bonuses or advance rent paid (including maintenance or operating charges) for each month during the unexpired term of your lease. Net lease interest That sum which placed at 6% interest rate compounded annually would equal the Lease Interest (less any amounts otherwise payable hereunder). Commission The income that would have been received by you from the sale of goods not owned by you. Profits The amount that would have been received by you from the sale of goods belonging to you, in excess of the cost to you of such goods. Royalties The income you are not able to collect under royalty or licensing agreements Cover Time element coverages Gross earnings A. This policy insures time element loss, as provided in the time element coverages below, directly resulting from physical loss or damage insured by Section 1 of this policy occurring during the period of insurance to insured property. B. This policy insures time element loss only to the extent it cannot be reduced through: 1. the use of any property or service owned or controlled by you; 2. the use of any property or service obtainable from other sources; 3. working extra time or overtime; or 4. the use of inventory, all whether at an insured location or at any other location. C. This policy covers expenses reasonably and necessarily incurred by you to reduce the loss otherwise payable under this section of this policy. The amount of such recoverable expenses will not exceed the amount by which the loss has been reduced. D. Except as respects Leasehold Interest, in determining the amount of loss payable, we will consider the experience of the business before and after and the probable experience during the Period of Liability. Measurement of loss: 0 2010 Hiscox. All rights reserved. - 19 - TER P015 CW (12-15) nA-11 H I SCOX Extra expense Leasehold interest Section 2: Time element 1. The recoverable gross earnings loss is the actual loss sustained by you of the following during the Period of Liability: a. gross earnings; b. less all charges and expenses that do not necessarily continue during the interruption of production or suspension of business operations or services; C. plus all other earnings derived from the operation of the business. 2. In determining the indemnity payable as the actual loss sustained, we will consider the continuation of only those normal charges and expenses (including up to 30 days ordinary payroll) that would have been earned had no interruption of production or suspension of business operations or services occurred. 3. There is recovery hereunder but only to the extent that you are: i. wholly or partially prevented from producing goods or continuing business operations or services; ii. unable to make up lost production within a reasonable period of time, not limited to the period during which production is interrupted; iii. unable to continue such operations or services during the Period of Liability; and iv. able to demonstrate a loss of sales for the operations, services or production prevented. 1. Measurement of loss: The recoverable extra expense loss will be the reasonable and necessary extra costs incurred by you of the following during the Period of Liability: a. Extra expenses to temporarily continue as nearly normal as practicable the conduct of your business; and b. Extra costs of temporarily using your property or facilities or those of others, less any value remaining at the end of the Period of Liability for property obtained in connection with the above. 2. Extra Expense Exclusions: As respects Extra Expense, the following are also excluded: a. Any loss of income. b. Costs that normally would have been incurred in conducting the business during the same period had no physical loss or damage occurred. C. Cost of permanent repair or replacement of property that has been damaged or destroyed. d. Any expense recoverable elsewhere in this policy. 3. The term Normal means the condition that would have existed had no physical loss or damage occurred. 1. Measurement of loss: The recoverable Leasehold Interest incurred by you of the following: a. If the lease agreement requires continuation of rent; and if the property is wholly untenantable or unusable, the actual rent payable for the unexpired term of the lease; or if the property is partially untenantable or unusable, the proportion of the rent payable for the unexpired term of the lease. b. If the lease is cancelled by the lessor pursuant to the lease agreement or by the operation of law; the lease interest for the first three months following the loss; and the net lease interest for the remaining unexpired term of the lease. 0 2010 Hiscox. All rights reserved. - 20 - TER P015 CW (12-15) Jm HISCOX Rental Insurance Commission profits Coverage extensions Contingent cover Section 2: Time element 2. Leasehold Interest Exclusions: As respects Leasehold Interest, Time Element Exclusions A, B, and C do not apply and the following applies instead: This Policy does not insure any increase in loss resulting from the suspension, lapse or cancellation of any license, or from your exercising an option to cancel the lease; or from any act or omission by you that constitutes a default under the lease. In addition, there is no coverage for your loss of leasehold interest directly resulting from physical loss or damage to Personal Property. 1. Measurement of loss: The recoverable Rental Insurance loss is the Actual Loss Sustained by you of the following during the Period of Liability: a. The fair rental value of any portion of the property occupied by you; b. The income reasonably expected from rentals of unoccupied or unrented portions of such property; and C. The rental income from the rented portions of such property according to bona fide leases, contracts or agreements in force at the time of loss, all not to include non -continuing charges and expenses. 2. Rental Insurance Exclusions: As respects Rental Insurance, Time Element Exclusions A does not apply and the following applies instead: This Policy does not insure any loss of rental income during any period in which the insured property would not have been tenantable for any reason other than an insured loss. 1. Measurement of loss: a. The recoverable commissions, profits and royalties loss is the actual loss sustained by you of the following during the Period of Liability: i. commissions, profits and royalties; ii. less non -continuing expenses and charges during the Period of Liability. b. The commissions, profits and royalties payable hereunder will be the actual loss sustained of income to you during the Period of Liability under any royalty, licensing fee or commission agreement between you and another party which is not realizable due to physical loss or damage insured by this policy to property of the other party of the type insured by this policy located within the policy's Territory. C. You must influence, to the extent possible, said party(ies) with whom the agreements described above have been made to use any other machinery, supplies or locations in order to resume business so as to reduce the amount of loss hereunder, and you will cooperate with that party in every way to effect this. This policy does not cover any cost to effect the above unless authorized in advance by us. d. In determining the indemnity payable hereunder, we will consider the amount of income derived from such agreements before and the probable amount of income after the date of loss or damage. e. There is recovery hereunder but only if such loss or damage interrupts the delivery of goods in whole or in part to you or for your account. Commissions, Profits And Royalties Exclusions: As respects commissions, profits and royalties, Time Element Exclusions C does not apply. This policy covers the actual loss sustained and Extra Expense incurred by you during the Period of Liability: 0 2010 Hiscox. All rights reserved. - 21 - TER P015 CW (12-15) eAM H I SCOX Section 2: Time element directly resulting from physical loss or damage, as insured by Section 1 of this policy; and 2. to property of the type insured by this policy, at any locations of direct suppliers or customers located within the Territory of this policy. The term 'supplier or customer' does not include any company supplying to or receiving from the insured location, as described elsewhere in this policy, electricity, fuel, gas, water, steam, refrigeration, or sewage. Contingent Time Element Exclusion: As respects Contingent Time Element, this policy does not insure loss resulting from lack of incoming or outgoing transmission of voice, data or video. Extended period of liability The gross earnings coverage is extended to cover the reduction in sales resulting from: 1. the interruption of business as covered by gross earnings; 2. for such additional length of time as would be required with the exercise of due diligence and dispatch to restore your business to the condition that would have existed had no loss occurred; and 3. commencing with the date on which our liability for loss resulting from interruption of business would terminate if this Extension had not been included herein. Extended Period of Liability Exclusions: As respects Extended Period of Liability, the Time Element Exclusions B of this section does not apply and the following applies instead: This policy does not insure against any increase in loss due to fines or damages for breach of contract or for late or non completion of orders, or penalties of any nature. Coverage under this Extension for the reduction in sales due to contract cancellation will include only those sales that would have been earned under the contract during the extended Period of Liability. Coverage under this Extension does not apply: (i) for more than the number of consecutive days specified in the Declarations or (ii) to the other coverage extension shown in this section. Ingresslegress This policy covers the actual loss sustained and Extra Expense incurred by you due to the necessary interruption of your business due to prevention of ingress to or egress from an insured location, whether or not your premises or property is damaged, provided that such prevention is a direct result of physical damage, as insured by Section 1 of this policy, to the kind of property not excluded by this policy situated within one mile of the insured location. Ingress/Egress Exclusions: As respects Ingress/Egress, the following exclusions are applicable: This policy does not insure loss resulting from: 1. lack of incoming or outgoing service consisting of electric, fuel, gas, water, steam, refrigerant, sewerage and voice, data or video; 2. picketing or other action by strikers. This policy does not provide coverage under this Extension for more than the number of consecutive days specified in the Declarations. Civil or military authority This policy covers the actual loss sustained and Extra Expense incurred by you due to the necessary interruption of your business due to prevention of access to the insured location by order of a civil or military authority, provided that such order is a direct result of physical damage, as insured by Section 1 of this policy, to the kind of property not excluded by this policy situated within one mile of the insured location. This policy does not provide coverage under this Extension for more than the number of consecutive days specified in the Declarations. On premises services This policy covers the actual loss sustained and Extra Expense incurred by you during the Period of Liability directly resulting from physical loss or damage, as insured by Section 1 of this policy, to the following property located within 1,000 feet of the insured location: 0 2010 Hiscox. All rights reserved. - 22 - TER P015 CW (12-15) Jm H I SCOX Section 2: Time element 1. Electrical equipment and equipment used for the transmission of voice, data or video. 2. Electrical, fuel, gas, water, steam, refrigeration, sewerage, voice, data or video transmission lines. Service interruption 1. This policy covers the actual loss sustained and Extra Expense incurred by you during the Period of Service Interruption at insured locations when the loss is caused by the interruption of incoming services consisting of electricity, gas, fuel, steam, water, refrigeration or from the lack of outgoing sewerage service by reason of physical loss or damage, as insured by Section 1 of this policy to property of the type not otherwise excluded by this policy of the supplier of such service located within this policy's Territory, that immediately prevents in whole or in part the delivery of such usable services. 2. This Extension will apply when the Period of Service Interruption is in excess of 72 consecutive hours (the Waiting Period). 3. Additional General Provisions: a. You will immediately notify the suppliers of services of any interruption of such services. b. We will not be liable if the interruption of such services is caused directly or indirectly by loss or damage to overhead transmission lines located beyond one mile from the affected insured location. 4. The term Period of Service Interruption means: a. The period starting with the time when an interruption of specified services occurs; and ending when with due diligence and dispatch the service could be wholly restored and the Location receiving the service could or would have resumed normal operations following the restorations of service under the same or equivalent physical and operating conditions as provided by the Period of Liability clause in this section. b. The Period of Service Interruption is limited to only those hours during which you would or could have used services(s) if it had been available. C. The Period of Service Interruption does not extend to include the interruption of operations caused by any reason other than interruption of the specified service(s). Period of liability A. The Period of Liability applying to all Time Element Coverages, except Leasehold Interest and as shown below, or if otherwise provided under the Time Element Coverage Extensions, is as follows: 1. For building and equipment, the period: a. starting from the time of physical loss or damage of the type insured against; and b. ending when with due diligence and dispatch the building and equipment could be: i. repaired or replaced; and ii. made ready for operations, under the same or equivalent physical and operating conditions that existed prior to the damage. C. not to be limited by the expiration of this policy. 2. For building and equipment under incidental course of construction: a. the equivalent of the above period of time will be applied to the level of business that would have been reasonably achieved after construction and start-up would have been completed had no physical damage happened; and b. due consideration will be given to the actual experience of the business compiled after completion of the construction and start-up. This item does not apply to Commissions, Profits And Royalties. 0 2010 Hiscox. All rights reserved. - 23 - TER P015 CVV (12-15) AM H I SCOX Exclusions Section 2: Time element 3. For stock -in -process and mercantile stock, including finished goods not manufactured by you, the time required with the exercise of due diligence and dispatch: a. to restore stock in process to the same state of manufacture in which it stood at the inception of the interruption of production or suspension of business operations or services; and b. to replace physically damaged mercantile stock. This item does not apply to Rental Insurance. 4. For raw materials and supplies, the period of time: a. of actual interruption of production or suspension of operations or services resulting from the inability to get suitable raw materials and supplies to replace similar ones damaged; but b. limited to that period for which the damaged raw materials and supplies would have supplied operating needs. 5. If water: a. used for any manufacturing purpose, including but not limited to as a raw material or for power; b. stored behind dams or in reservoirs; and C. on any insured location, is released as the result of physical damage, as insured against under Section 1 of this policy to such dam, reservoir or connected equipment, our liability for the actual interruption of production or suspension of operations or services due to inadequate water supply will not extend beyond 30 consecutive days after the damaged dam, reservoir or connected equipment has been repaired or replaced. This item does not apply to Rental Insurance. 6. For physically damaged exposed films, records, manuscripts and drawings, the time required to copy from backups or from originals of a previous generation. This time does not include research, engineering or any other time necessary to restore or recreate lost information. This item does not apply to Rental Insurance. B. The Period of Liability does not include any additional time due to your inability to resume operations for any reason, including but not limited to: 1. making changes to equipment; 2. making changes to the buildings or structures except as provided in the Demolition And Increased Cost Of Construction clause in the Property Damage section; 3. restaffing or retraining employees. If two or more Periods of Liability apply such periods will not be cumulative. In addition to the exclusions elsewhere in this policy, the following exclusions apply to Time Element loss: This policy does not insure against: A. Any loss during any idle period, including but not limited to when production, operation, service or delivery or receipt of goods would cease, or would not have taken place or would have been prevented due to: 1. physical loss or damage not insured by this policy on or off of the insured location; 2. planned or rescheduled shutdown; 3. strikes or other work stoppage; 4. any other reason other than physical loss or damage insured by this policy. 0 2010 Hiscox. All rights reserved. - 24 - TER P015 CW (12-15) Jeo H I SCOX Section 2: Time element B. Any increase in loss due to: 1. suspension, cancellation or lapse of any lease, contract, license or orders; 2. fines or damages for breach of contract or for late or non -completion of orders; 3. for penalties of any nature; 4. any other consequential or remote loss. C. Any loss resulting from loss or damage to finished goods manufactured by you, nor the time required for their reproduction Interdependency If there is a loss at an insured location that involves interdependency at one or more other insured locations, the loss, including any resulting interdependency loss, will be adjusted based on the Time Element coverage that applies at the insured location where the physical loss or damage insured by this policy occurred. Limit of liability Our maximum liability in a single occurrence regardless of the number of Locations or coverages involved will not exceed the amount insured. However, when a sub -limit of liability for a Location or other specified property or coverage is shown, such sub -limit will be the maximum amount payable for any loss arising from physical loss or damage at such Location or involving such other specified property or such coverage. The sub -limits of liability specified in the declarations and as may be specified elsewhere in this policy are program sub -limits of liability and are part of and not in addition to the program limit of liability over this policy and all other program policies combined. The sub -limits of liability specified in the declarations apply in the aggregate, unless otherwise specified, for all Locations and coverages combined. Our maximum liability (or sub -limit of liability) in a single occurrence regardless of the number of Locations or coverages involved will not exceed the amount insured. When a limit of liability for a Location or other specified property or coverage is shown, such limit will be the maximum amount payable for any loss arising from physical loss or damage at such Location or involving such other specified property or coverage. 0 2010 Hiscox. All rights reserved. - 25 - TER P015 CW (12-15) f Section 3: Biological, chemical or nuclear events HI SCCAX Part three — decontamination and clean-up 0 2010 Hiscox. All rights reserved. - 26 - TER P015 CW (12-15) We will insure you in accordance with the terms and conditions of this policy in return for the premium you pay. Please note that some of the words we use in this policy are shown in bold type. These words are defined at the back of your policy. What is covered 1. Blast damage We will insure you against physical loss or physical damage occurring during the period of insurance to insured property while at a named location solely and directly caused by the blast effects of an explosion resulting from a malicious act. 2. Decontamination clean If insured property at a named location is contaminated as a sole and direct result of a up and/or removal costs malicious act occurring during the period of insurance and there is in force at the time of the release or dispersal of any biological, biochemical, chemical agents or materials or nuclear or radiological materials any law or ordinance regulating contamination, then this policy covers, as a direct result of the enforcement of such law or ordinance, the cost of decontamination, clean up and/or removal of such contaminated insured property. Clean-up costs shall include any associated monitoring and testing costs and expenses you incur to the extent required to satisfy the minimum requirements of such law or ordinance. If under the law or ordinance regulating contamination you are able to appoint a contractor or specialist to decontaminate, clean up and/or remove contaminated insured property you must first obtain our prior written approval of such contractor or specialist. 3. Demolition and If an insured building at a named location is physically damaged as a sole and direct result increased cost of of a malicious act occurring during the period of insurance and there is in force on the date construction of the insured damage any law or ordinance regulating the demolition, construction, repair, replacement or use of such insured building then this policy covers the reasonable and necessary costs you incur, as described in 'How much we will pay' below to satisfy the minimum requirements of the enforcement of any such law or ordinance. We will only provide this cover if the insured building is repaired or rebuilt and the implementation of the law or ordinance described above becomes enforceable, and is enforced, as a result of the insured physical damage. 4. Loss control This policy covers physical loss or physical damage to insured property solely and directly caused by the actions of the government of the state (or its military authority) where the insured property is located, in suppressing, controlling or minimizing the consequences of a malicious act covered by this policy. We will only provide this cover if such damage is solely and directly caused by the actions of the government of the state (or its military authority) where the insured property is located and such damage takes place during the occurrence of the malicious act covered by this policy. If you are eligible for compensation or an indemnity under any government compensation plan or other similar scheme in respect of the damage described above, this policy shall be excess of any amount due from such plan or scheme whether paid or not. "Military authority" shall mean a military or security authority operating on behalf of a state recognised by the United Nations. 5. Business interruption If. and extra expense 1. as a sole and direct result of physical loss or physical damage to insured property, as described in 1. to 4 above, occurring during the period of insurance your business is necessarily interrupted; or 2. a malicious act occurs during the period of insurance which results in an interruption of your business as a sole and direct result of an authorized government or military authority issuing a written order prohibiting you from accessing the named location during the period of insurance, 0 2010 Hiscox. All rights reserved. - 26 - TER P015 CW (12-15) riles Section 3: Biological, chemical or nuclear events HI SCOX Part three — decontamination and clean-up then we will pay you for: a. the loss of net income sustained by you during the period of indemnity resulting directly from the interruption of your business at such named location; and b. the necessary and reasonable extra expense you incur during the period of indemnity in order to continue as nearly as practicable the normal conduct of your business had such interruption not occurred. 6. Control Risk services In the event a malicious act occurs or is believed to have occurred we will cover the consultation fees and expenses of Control Risks to help provide you with strategic and practical support in responding to such an event. In order to receive these services you must contact control risks as soon as reasonably possible using the contact details shown in the risk details. What is not covered We will cover the fees and expense of Control Risks for a maximum period of 12 months commencing from the date the malicious act occurred or is believed to have occurred. However, if an authorized government or military authority determines that there has not been an actual physical release or dispersal of chemical, biological or biochemical agents or materials or nuclear or radiological materials then the cover provided under this section will end and no further fees and expenses of Control Risks will be covered. Our maximum liability for this coverage will not exceed the amount shown in the risk details for Control Risks fees and expenses. Such amount is in addition to the amount insured. A. This policy does not insure any claim or circumstance involving or caused by or resulting from any of the following, whether arising concurrently or in any sequence: 1. A nuclear installation from which or at which nuclear or radiological material is released or dispersed. A nuclear installation means: a. any nuclear reactor; b. any facility using nuclear fuel for the production of nuclear material, or any facility for the processing of nuclear material, including any facility for the reprocessing of irradiated nuclear fuel; and/or C. any facility where nuclear material is stored. 2. war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, martial law, usurpation of power, or civil commotion assuming the proportions of or amounting to an uprising; 3. nationalization, expropriation, confiscation, requisition, or occupation of your named location(s) by or under the order of any government or military authority. B. This policy does not cover: 1. loss of or damage to aircraft, watercraft, locomotives or rolling stock or vehicles designed for road use unless such road vehicles: are located on the named location; and insured values have been declared to and agreed by us; 2. loss of or damage to pipelines, transmission and distribution lines and their supporting structures outside of the named location unless insured values have been declared to and agreed by us and insurance for such property has been agreed by us; 3. loss of or damage to land (including but not limited to land on which the insured property is located) or water; 4. underground mines or mine shafts or any property within such mine or mine shaft; 0 2010 Hiscox. All rights reserved. - 27 - TER P015 CW (12-15) Section 3: Biological, chemical or nuclear events HISCOX Part three — decontamination and clean-up 5. dams, dikes and levees; 6. loss of or damage to any animal, plant or tree; 7. currency, money, precious metal in bullion form, notes or securities; 8. an increase in the net income or extra expense as the result of the act(s) or omission(s) of employees following issuance of an order prohibiting access to named location(s), whether described as striking, boycotting, picketing or otherwise; 9. an increase in the net income or extra expense that relates to any effect or condition beyond the end of the period of indemnity, regardless whether it starts during the period of indemnity or it is described as the suspension, lapse, or cancellation of any lease, license, contract, order, or otherwise; 10. fines or penalties or liabilities to third parties of any kind; 11. loss of market, loss of income, loss of use, depreciation, reduction in functionality, increased cost of working, mysterious disappearance or unexplained loss or any other consequential loss, unless specifically provided for elsewhere within this policy. HOW much We Will Our maximum liability for all of the coverages provided under this policy will not exceed the pay amount insured. The risk details will show you if you are required to pay the first part of each agreed claim. This amount will be shown as an excess or a waiting period. Blast damage We will pay for the lesser of the reasonable cost of repairing, replacing or reinstating insured property to a condition equal to but not better or more extensive than its condition prior to the loss. We will only provide this cover if you carry out such repair, replacement or reinstatement of insured property and do so without unreasonable delay. We will allow you to rebuild a destroyed building upon another site within the country where the building is located provided our liability is not increased. If the insured property is not repaired, rebuilt or replaced within a reasonable period of time we will only pay the actual cash value. Demolition and increased We will pay the following reasonable and necessary costs you incur to satisfy the minimum cost of construction requirements of any law or ordinance regulating the demolition, construction, repair, replacement or use of an insured building: a. The cost to repair or rebuild the physically damaged portion of an insured building with materials and in a manner to satisfy such law or ordinance; and b. The cost: i. to demolish the physically undamaged portion of an insured building; and ii. to rebuild it with materials and in a manner to satisfy such law or ordinance, to the extent that such costs result when the demolition of the physically damaged insured building is required to satisfy such law or ordinance. Decontamination, clean up We will pay the cost of decontamination, clean up (including associated monitoring and and/or removal costs testing costs) and/or removal of contaminated insured property in a manner to satisfy the minimum requirements of any law or ordinance regulating or governing contamination. We are not liable for the cost required for clean up or removal of contaminated uninsured or abandoned property nor the contaminant in or on such property, whether or not the contamination results from a malicious act insured by this policy. 0 2010 Hiscox. All rights reserved. - 28 - TER P015 CW (12-15) r�fm Section 3: Biological, chemical or nuclear events HI SCOX Part three — decontamination and clean-up Business interruption and We will pay you the net income and extra expense for any named location where access extra expense is prohibited or where insured property has been contaminated, physically damaged or destroyed, all as set forth in 'What is covered' above. The basis for settlement is also subject to the following guidelines. 1. The net income payable shall be calculated giving due consideration for (i) the actual earnings at such named location during the 12 months immediately preceding the date of physical damage or the publication of the order prohibiting access, and (ii) the trend of your business and variations before and after such damage or prohibition of access so that allowances are made for any material variations or changed circumstances, whether relating to market conditions or otherwise. When fully adjusted, the net income payable shall represent as nearly as possible the earnings you would have realized during the period of indemnity had physical damage not occurred or access to the named location not been prohibited. 2. We will cover such expenses as are necessarily incurred for the purpose of reducing a loss of net income under this policy provided such expenses shall not exceed the amount by which the loss of net income is thereby reduced. 3. At the end of the period of indemnity any remaining useful life or salvage value remaining in property for which extra expense was incurred during the period of indemnity shall be deducted and not included in extra expense. 4. The amount of any net income and extra expense payable under this policy shall not include any amount by which you did or could have undertaken reasonable measures to reduce the amount(s) through: a. complete or partial resumption of your business operations; b. making use of merchandise, stock (raw, in process or finished), or any other property at your locations or elsewhere; and/or c. by using or increasing operations elsewhere. Claims conditions How to make a claim Your obligations Notice and proof of loss In the event of an insured building sustaining blast damage from a malicious act or a written order being issued by a government or military authority to clean up or demolish insured property or prohibiting access to a named location, written notice is to be given to us as soon as reasonably possible but in no event more than 21 days after such loss or damage or order is published. If you make a claim under this policy you must give us such information, records, and access as may reasonably be required by us and co-operate fully in our investigation or adjustment of the claim. If required by us, you must submit to examination under oath by any person designated by us. Before a claim can be paid, you shall render a signed proof of loss as soon as reasonably practicable. If such proof has not been received by us within 12 months of the expiry date of this policy, and unless that period has been extended by us in writing, the claim requiring proof shall be uninsured and we shall be released and discharged from any obligation under this policy with respect to that claim Burden of proof In any claim, and in any arbitration, suit or other proceeding with respect to a claim, you shall have the burden of proving that your claim satisfies each of the requirements of the What is covered' sections as well as the other provisions in the policy determining the right to recovery and the amount payable hereunder. Recovery from third -parties In the event of claim in which there is potential for recovery from any third -party, we shall be entitled but not obliged to take over and deal with in your name (but at our expense) the 0 2010 Hiscox. All rights reserved. - 29 - TER P015 CW (12-15) V�fe-w Section 3: Biological, chemical or nuclear events HI SCOX Part three — decontamination and clean-up pursuit and resolution of that third -party action. If we pay you for the claim under this policy, we would be entitled but not obligated to bring proceedings in your name to recover for our benefit the amount of any payment made under this policy, including our costs and expenses incurred in that third -party action, all of which shall be deducted first from any recovery made. We shall be entitled but not obliged to exercise all of your rights and remedies whether or not payment has been made under this policy and you shall give all assistance in your power as we may require. Conditions Abandonment There shall be no abandonment to us of any property. Arbitration Any dispute arising out of or in connection with this policy, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the London Court of International Arbitration Rules (LCIA), which Rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be three. The seat, or legal place, of arbitration shall be New York, New York unless otherwise agreed 0 2010 Hiscox. All rights reserved. - 30 - TER P015 CW (12-15) by us in writing. The language to be used in the arbitral proceedings shall be English. The goveming law of the contract shall be the substantive law of New York unless otherwise agreed by us in writing. Assignment No assignment of or change of interest in this policy or in any amount payable under it will be binding on or recognized by us unless you have obtained our prior written agreement. Cancellation This policy is non -cancellable except in the event of non-payment of the premium that is due to us. In the event of non-payment of premium we may cancel this policy by delivering to you, at the mailing address shown in the risk details, written notice stating when, not less than 15 days after such notice, the cancellation shall be effective. The mailing of such notice of cancellation shall be sufficient proof of notice and this policy shall terminate at the date and hour shown in such notice. If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling such matters, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. Change in You must notify us as soon as reasonably possible of any change in your business circumstance operation during the period of insurance which will materially affect this policy. This includes, but is not limited to, ownership or control of your business, any change in the nature of the business carried out at the named location or any change in your operating conditions. We may then vary the terms and conditions of this policy. If you are in any doubt whether a change is material you should consult your broker or agent. Conflict in law If any of the terms of this policy conflict with applicable statutes (or statutes deemed applicable by a court of competent jurisdiction) such terms are amended to conform to the minimum requirements of such statutes. In the event that any provision of this policy is found by a court of competent jurisdiction to be invalid or unenforceable, the other provisions of this policy and the remainder of the provision in question shall not be affected and shall remain in full force and effect. Due diligence You (or any of your agents, contractors or subcontractors) must use due diligence and do (and concur in doing and permit to be done) everything reasonably practicable to avoid or diminish any loss insured and to secure compensation for any such loss including protecting rights and taking action against other parties to enforce any rights and remedies or to obtain relief or indemnity. 0 2010 Hiscox. All rights reserved. - 30 - TER P015 CW (12-15) *Am Section 3: Biological, chemical or nuclear events HI SCOX Part three — decontamination and clean-up Fraud If you or anyone on your behalf tries to deceive us by deliberately giving us false information or making a fraudulent claim under this policy then we will treat this policy as if it had never existed. Inspection We, or our agent, have the right, at our own expense, to inspect at any reasonable time the insured property. Any such inspection will not constitute a guarantee or confirmation of safety of insured property or any other buildings or property following notice of a claim or loss or damage or circumstances that may give rise to a claim under this policy. Controlling law You and we select the law of New York, New York to control interpretation of this policy. Multiple insureds We shall have no liability in excess of the amount insured whether such amounts consist of insured losses sustained by all of you or any one or more of you. You agree that the insured named in the risk details, or if there is more than one insured named in the risk details the first of them is authorized to receive all notices and agree any endorsements to the policy on behalf of all of you. Other insurance We do not cover any loss insured elsewhere. This includes a claim where, but for the existence of this policy, you would be entitled to be paid under any other policy, bond, government or other indemnity or cover except for any amount in excess of the amount which would have been covered under such other policy, bond or scheme or cover. Partial payment In the event of a loss occurring which has been ascertained to be insured loss or damage under this policy and determined by our representatives to be in excess of the applicable deductible or waiting period, we will advance mutually agreed upon partial payment(s) on the insured loss or damage, subject to the policy's provisions. To obtain said partial payments, you must submit a signed and sworn proof of loss as described in this policy, with adequate supporting documentation. Protections maintenance You must ensure that all physical protections notified to us are in full and effective operation at all appropriate times. You must ensure that all fire alarm and security systems notified to us are fully activated whenever the named location is left unattended. You must also advise us as soon as reasonably possible if for any reason a system is not working properly. We may then vary the terms and conditions of this policy. All systems notified to us must be regularly serviced under contract by a reputable company at least annually. We will not make any payment under this policy unless you comply with all of the requirements of this condition. Third parties This policy is effected solely between you and us. Nothing in this policy is intended to give any third party any benefits under this policy or the right to enforce a term of this policy. Service of suit This Service of Suit Clause will not be read to conflict with or override the obligations of both you and us to arbitrate our disputes as provided for in the above arbitration provision. This clause is intended as an aid to compelling arbitration or enforcing such arbitration or arbitral award, not as an alternative to such arbitration provision for resolving disputes arising out of this policy. It is agreed that in the event of our failure to pay any amount claimed to be due under this policy, we, at your request, will submit to the jurisdiction of a court of competent jurisdiction within the United States. Nothing in this clause constitutes or should be understood to constitute a selection of controlling law or a waiver of our rights to commence an action in any court of competent jurisdiction in the United States, to remove an action to a United States District court, or to seek a transfer of a case to another court as permitted by the laws of the United States or of any state in the United States. It is further agreed that service of process in such suit may be made upon the attorney named in the risk details and that in any suit instituted against any one of them upon this contract, we will abide by the final decision 0 2010 Hiscox. All rights reserved. - 31 - TER P015 CW (12-15) Section 3: Biological, chemical or nuclear events H SCO Part three — decontamination and clean-up of such court or of any appellate court in the event of an appeal. The attorney named in the risk details is authorized and directed to accept service of process on our behalf in any such suit and/or upon your request to give a written undertaking to you that he will enter a general appearance upon our behalf in the event such a suit shall be instituted. Further, pursuant to any statute of any state, territory or district of the United States which makes provision therefore, we hereby designate the superintendent, commissioner or director of insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as our true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of you or any beneficiary hereunder arising out of this policy, and hereby designate the attorney named in the risk details as the person to whom the said officer is authorized to mail such process or a true copy thereof. Under insurance If, at the time that any insured property is lost or damaged, the total value of all insured property at that location is greater than the declared value for that location, then you shall only be entitled to recover such proportion of the loss or damage as the declared value bears to the total value of all insured property at that location. Sanctions We shall not provide any benefit under this policy to the extent of providing cover, payment of any claim or the provision of any benefit where doing so would breach any sanction, prohibition or restriction imposed by law or regulation. Definitions Words shown in bold type have the same meaning throughout this policy and are defined below. Amount insured The maximum amount we will pay as shown in the risk details. Biological or biochemical A pathogen in sufficient concentration to cause incapacitating, lethal or damaging effect upon agents or materials people or property. Buildings A roofed and walled structure, which belong to you or for which you are legally responsible at the named location including: 1. any signs, fixtures and fittings, permanently installed machinery and equipment; 2. fixed fuel tanks; 3. walls, gates, car parks, footpaths and private roads at the named location. 4. pipes, ducting, cables, wires and associated control equipment at the premises and up to the public mains. The land or water at the named location is not included within this definition. Business personal property Furniture, fixtures and fittings (including interior decorations), machinery and equipment, office furniture, stock (including finished or unfinished goods manufactured by you or held for sale) personal property owned by you and used in your business, personal property of others that is in your care, custody or control or for which you have a contractual responsibility to insure. Chemical agents or Any compound in sufficient concentration to cause incapacitating, damaging or lethal effect materials upon people or property. Extra expense The excess (if any) of the total cost during the period of indemnity chargeable to the conduct of your business over and above the total cost that would normally have been incurred to conduct your business at the named location(s) during the same period had physical loss or physical damage not occurred or access not been prohibited. Extra expense includes the reasonable and necessary extra cost you incur to avoid or minimise the interruption to your business at the named location(s) solely caused by insured physical loss or physical damage or prohibition of access as insured herein and to continue with your 0 2010 Hiscox. All rights reserved. - 32 - TER P015 CW (12-15) Aeo Section 3: Biological, chemical or nuclear events HI SCOX Part three — decontamination and clean-up business operations at the named location(s) or at replacement premises or temporary locations, including the cost to equip and operate the replacement or temporary location(s). Insured property The property shown in the risk details for which values have been declared to and agreed by us and shall include business personal property. For the avoidance of doubt we do not include land and water within insured property. Malicious act An activity that is intending or intended to do harm to another by the actual physical release or dispersal of: a. biological or biochemical agents or materials; b. chemical agents or materials; c. nuclear or radiological materials; which is carried out by any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s). Named location A location(s) named in the Risk Details. Net income The money paid or payable to you for goods sold and delivered or services rendered in the conduct of your business at the named location(s) where physical loss or physical damage occurred or access was prohibited less working expenses. Net income includes the amount of such loss at other named location(s) dependent for goods and services upon such a location where insured physical loss or physical damage occurred or access has been prohibited. Net income does not include any loss arising from or relating to physical loss or damage to property at any named location(s) or any costs relating thereto. Nuclear or Nuclear reaction, nuclear radiation or radioactive particles in sufficient concentration to cause incapacitating, lethal, or damaging effects upon people or property, whether released or radiological materials dispersed by nuclear or conventional devices subject to the express limitations stated in Paragraph 1. of What is not covered'. Occurrence Each and every loss or series of losses arising out of and directly caused by one event. However, the duration and extent of any one event shall be limited to physical loss or physical damage which occurs within a period of 72 consecutive hours. No such period of 72 hours may extend beyond the expiry of this insurance unless you first sustain direct physical loss or physical damage before the expiry of this insurance and within the aforesaid period of 72 consecutive hours, nor shall any period of 72 consecutive hours commence before the start of this insurance. Ordinary payroll The entire payroll expense for all of your employees except officers, executives, department managers and employees under contract. Period of indemnity The period starting from the expiry of the waiting period and ending on the earlier of: 1. the length of time as would be required, with the exercise of due diligence and dispatch, to repair, rebuild or replace such part of the property as has been destroyed or damage or, in the case of any denial of access, the date the written order prohibiting access to the named location(s) ends by its terms or by further action of an authorized government or military authority; or 2. 12 calendar months from the date of insured physical loss or physical damage or, in the case of any denial of access, the date the written order prohibiting access to the named location(s) was first published. The period of indemnity may start, run or end after the period of insurance so long as your claim satisfies all the requirements of the section 'What is covered' above and relates solely to insured physical loss or physical damage to insured property or an order prohibiting access to named location(s) following a malicious act that takes place during 0 2010 Hiscox. All rights reserved. - 33 - TER P015 GW (12-15) Section 3: Biological, chemical or nuclear events HSCQX Part three — decontamination and clean-up the period of insurance. Period of insurance The calendar dates for which this policy is in force as shown in the risk details. Policy This insurance contract wording and the risk details, including any endorsements to them that we agree. Waiting period The number of days stated in this policy from the date on which the government or military authority publishes the written order prohibiting access to the named location(s) until the period of indemnity commences Weluslour Syndicate 33 at Lloyd's managed by Hiscox Syndicates Limited. Working expense Those charges and expenses of your business which it is not necessary to incur during the period of indemnity at a named location, including but not limited to the cost of stock, raw materials, supplies, ordinary payroll, depreciation, and any other cost that does not necessarily continue during that period. Working expenses do not include fixed costs which necessarily continue to be payable in full during the period of indemnity. Youlyourlyours The insured stated in the risk details. 0 2010 Hiscox. All rights reserved. - 34 - TER P015 CW (12-15) H I SCOX Section 4: Liability Please read your declaration page to see if this section is in force. This section is subject to the general definitions, terms, conditions, limitations and exclusions and to the additional definitions, terms, conditions, limitations and exclusions appearing below IMPORTANT NOTICE This is a Claims Made and Reported policy. This means that, subject to the terms and conditions of this policy, the coverage provided by this policy only covers claims first made against you or a circumstance which could reasonably be expected to give rise to a claim during the period of insurance and reported to us in writing as soon as reasonably possible and in no event longer than 90 days after the expiry of this policy. Claims expenses that are incurred in defending any claim against you will reduce, and may completely exhaust, the limit of liability available to pay damages. Please review the coverage provided by this section of your policy carefully and discuss the coverage with your insurance agent or broker. Definitions The following extra definitions also apply to the whole of this section: Bodily injury All physical injury to a third -party human being, other than the perpetrator(s) of the act of terrorism, including death, sickness, disease or disability and all consequent mental injury, anguish or shock to such human suffering such physical injury. Claim A written demand received by you for damages covered by this policy, including the institution of arbitration proceedings. Claims expenses All fees, costs and expenses incurred with the written consent of underwriters resulting from the investigation, adjustment, appraisal, defence or appeal of a claim, suit or proceeding relating to a claim. Claims expenses do not include the salaries, expenses, overhead or other charges by you for any time spent in cooperating in the defence, settlement and investigation of any claim Damages A monetary judgment, monetary award or monetary settlement made with our written approval. Employee The following persons working for you for the purpose of your business: 1. any person employed by you under a contract of service or apprenticeship; 2. any person supplied to, hired by or borrowed by you; 3. labour masters and persons supplied by them; 4. persons employed by labour only sub -contractors; 5. self employed persons and voluntary helpers; 6. any person attending under a work experience scheme; 7. a prospective employee who is undergoing practical work experience while being assessed by you as to his or her suitability for employment. Joint venture A joint venture, co -venture, joint lease, joint operating agreement or partnership in which you have a financial interest. Property damage Physical loss of, physical damage to or physical destruction of tangible property including the resulting loss of use of such tangible property. Pollutant or contaminant Includes but is not limited to any solid, liquid, gaseous or thermal irritant, contaminant or toxic or hazardous substance or any substance the presence, existence, or release of which endangers or threatens to endanger the health, safety or welfare of persons or the environment. 0 2010 Hiscox. All rights reserved. - 35 - TER P015 CW (12-15) e�f'l H I SCOX Cover Section 4: Liability Part one — your liability The indemnity We will pay on your behalf, up to the amount insured, for any damages and claims expenses which you shall become legally liable to pay because of any claim or claims for bodily Injury and/or property damage, first made against you during the period of insurance and reported to us in writing no later than 90 days after the expiry of this policy, caused by an act of terrorism or sabotage occurring at the insured location(s) during the period of insurance. This cover is subject to the general terms, conditions and exclusions stated in this policy and to the additional terms, conditions, limitations and exclusions shown in this section. Multiple acts of terrorism or sabotage which occur within a period of 72 consecutive hours and which have or appear to have a related purpose or common leadership will be deemed to be one act of terrorism or sabotage. All claims arising out of the same or a continuing act of terrorism or sabotage, including acts of terrorism or sabotage which have or appear to have a related purpose or common leadership, within a period of 72 hours shall be considered a single claim and deemed to have been made at the time the first of such claims is reported to us and shall be subject to one Limit of Liability. Defence and settlement We shall have the right, but not the obligation, to take over and conduct in your name the defence of any claim against you seeking damages which are payable under the terms of this section of your policy. We will not pay any costs in defence of a claim which is excluded by this policy. We reserve the right to appoint lawyers to handle the claim on your behalf. It is agreed that the Limit of Liability available to pay damages shall be reduced and may be completely exhausted by payment of claims expenses. We shall have the right at our expense to make any investigation we deem necessary, including, without limitation, any investigation with respect to the application for this insurance and statements made in the application and with respect to coverage. If you shall refuse to consent to any settlement or compromise recommended by us and you elect to contest the claim, our liability for any damages and claims expenses shall be limited to the amount for which the claim could have been settled plus the claims expenses incurred up to the time of the refusal to settle, or the amount insured, whichever is less. We have the right to withdraw from the defence of the claim by tendering control of the defence to you. We have no obligation to pay any damages or claims expenses, or to defend a claim, after the amount insured has been exhausted by payment of damages or claims expenses, or after we deposit the available amount insured in court and, upon such payment, we shall have the right to withdraw from the defence of the ongoing claim by tendering control of the defence to you. Limit of liability The amount insured stated in the declarations as'each and every claim' is the limit of our liability for all damages and claims expenses arising out of an act of terrorism or sabotage, regardless of the number of you under this policy, claims or claimants. Multiple acts of terrorism or sabotage which occur within a period of 72 consecutive hours and which have or appear to have a related purpose or common leadership will be deemed to be one act of terrorism or sabotage. The amount insured stated in the declarations as 'aggregate' is the total limit of our liability for all damages and claims expenses arising out of the claims first made against you during the period of insurance and reported to us in writing no later than 90 days after the expiry of this policy. Exclusions This insurance does not cover damages or claims expenses with respect to any claim directly or indirectly arising from, caused by or due to injury or death to employees of yours, including temporary, contract or borrowed employees, or arising under any workers' compensation, unemployment compensation or disability laws, statutes or regulations. 0 2010 Hiscox. All rights reserved. - 36 - TER P016 CW (12-15) Section 4: Liability H I SCOX Part one— your liability Conditions Other insurance This insurance will act as primary insurance, and will respond first, in the event you are otherwise insured incidentally for any damages and claims expenses which are indemnifiable under this policy (namely under a more general or combined policy providing coverage, in addition, for other risks not indemnified under this policy). Where you are, irrespective of this policy, insured specifically by any other insurance in respect of any damages and claims expenses which would otherwise have been indemnifiable under this policy (namely under a policy which does not provide coverage for other risks not indemnifiable under this policy), there shall be no contribution or participation by us for such damages and claims expenses or that part of such damages and claims expenses for which you are entitled to be indemnified by such other insurance. This condition will apply whether or not you are actually indemnified by such other insurance or if such other insurance is avoided or rescinded. 0 2010 Hiscox. All rights reserved. - 37 - TER P015 CW (12-15) nr Section 4: Liability HISCOX Part two — employers' liability IMPORTANT NOTICE This is an excess liability claims made and reported policy which is not subject to the terms and conditions of any other insurance including compulsory insurance of liability to employees. Cover We will pay on your behalf, up to the limit of liability stated in the declarations, any damages which you may become legally liable to pay as compensation for bodily injury to an employee of yours during the course of their employment in your business, provided such bodily injury is caused solely and directly by an act of terrorism or sabotage occurring during the period of insurance at the insured location(s). We will also pay claims expenses. Multiple acts of terrorism or sabotage which occur within a period of 72 consecutive hours and which have or appear to have a related purpose or common leadership will be deemed to be one act of terrorism or sabotage. All claims arising out of the same or a continuing act of terrorism or sabotage, including acts of terrorism or sabotage which have or appear to have a related purpose or common leadership, within a period of 72 hours shall be considered a single claim and deemed to have been made at the time the first of such claims is reported to us and shall be subject to one Limit of Liability. Defence and settlement We shall have the right, but not the obligation, to take over and conduct in your name the defence of any claim against you seeking damages which are payable under the terms of this section of your policy. We will not pay any costs in defence of a claim not covered by this policy. We reserve the right to appoint lawyers to handle the claim on your behalf. It is agreed that the limit of liability available to pay damages shall be reduced and may be completely exhausted by payment of claims expenses. We shall have the right at our expense to make any investigation we deem necessary including, without limitation, any investigation with respect to the application for this insurance and statements made in the application and with respect to coverage. If you shall refuse to consent to any settlement or compromise recommended by us and you elect to contest the claim, our liability for any damages and claims expenses shall be limited to the amount for which the claim could have been settled plus the claims expenses incurred up to the time of the refusal to settle, or the amount insured, whichever is less. We have the right to withdraw from the defence of the claim by tendering control of the defence to you. We have no obligation to pay any damages or claims expenses, or to defend a claim, after the amount insured has been exhausted by payment of damages or claims expenses, or after we deposit the available amount insured in court and, upon such payment, we shall have the right to withdraw from the defence of the ongoing claim by tendering control of the defence to you. Limit of liability The excess amount insured stated in the declarations as 'each and every claim' is the limit of our liability for all damages and claims expenses arising out of an act of terrorism or sabotage regardless of the number of claims or claimants. The insurance provided by this policy shall always be excess over the underlying limit of liability stated in the declarations. ® 2010 Hiscox. All rights reserved. Multiple acts of terrorism or sabotage which occur within a period of 72 consecutive hours and which have or appear to have a related purpose or common leadership will be deemed to be one act of terrorism or sabotage. The excess amount insured stated in the declarations as 'aggregate' is the total limit of our liability for all damages and claims expenses arising out of the claims first made against you during the period of insurance and reported to us in writing no later than 90 days after the expiry of this policy. -38- TER P015 CW (12-15) ^ Section 4: Liability H I SCOX Part two — employers' liability Conditions Compulsory insurance You must maintain, during the period of insurance, insurance cover in accordance with the provisions of any law relating to compulsory insurance of liability to employees. Only losses which, except for the amount thereof, would have been payable under this Policy may reduce or exhaust the underlying limit of liability stated in the declarations. If you fail to comply with this condition we will not be liable to pay any claim under this section of insurance. Other insurance Where you, irrespective of this policy, are insured in whole or in part by any other insurance in respect of any damages and claims expenses which would otherwise have been indemnifiable in whole or in part by us, there shall be no contribution or participation by us for such damages and claims expenses or that part of such damages and claims expenses for which you are entitled to be indemnified by such other insurance. This condition will apply whether or not you are actually indemnified by such other insurance or if such other insurance is avoided or rescinded. Failure of underlying insurance The insurance provided by this policy shall always be excess over the underlying limit of liability stated in the declarations regardless of the uncollectibility (in whole or in part) of any underlying insured amounts for any reason, including, but not limited to, the financial impairment or insolvency of an underlying Insurer or the avoidance or rescission or breach of contract terms of any underlying insurance. The risk of uncollectibility (in whole or in part) of other insurance, whether because of financial impairment or insolvency of an underlying or other insurer or for any other reason, including avoidance or rescission or breach of contract terms of any underlying insurance, is expressly retained by you and is not in any way or under any circumstances insured or assumed by us. ® 2010 Hiscox. All rights reserved. - 39 - TER P015 CW (12-15) Jo Section 4: Liability HI SCOX General terms which apply to part one and part two of this section Conditions We will not be liable to pay any claim under this insurance unless you comply with all the requirements in the following conditions. Notice and proof of loss You must notify us in writing as soon as reasonably possible and in no event later than 90 days after the expiry of this policy of any claim or of any circumstance which could reasonably be expected to give rise to a claim. You must immediately forward to us through persons named in the declarations every demand, notice, summons or other process received by him or his representative. You must keep us fully informed of the claim and forward to us copies of all relevant correspondence and legal processes. A claim or any circumstance which could reasonably be expected to give rise to a claim shall be considered to be reported to us when notice is first given to us through persons named in the declarations. Assistance and cooperation You shall cooperate with us in all investigations, including investigations regarding the application for and coverage under this insurance and, upon our request, assist in making settlements, in the conduct of suits and in enforcing any right of contribution or indemnity against any person or organization who may be liable to you because of acts, errors or omissions in respect of loss insured under this policy. You shall attend hearings and trials and assist in securing and giving evidence and obtaining the attendance of witnesses. You must not admit liability, make an offer or promise of any payment, assume any obligation, incur any expense, enter into any settlement, acquiesce or agree to any judgment or award or otherwise dispose of any claim without our prior written agreement. If required by us, you must agree to an examination under oath by our appointed representative. Joint ventures With regard to any liability of yours which is insured under this policy and arises in any manner out of the operations or existence of any joint venture the amount insured under this policy shall be limited to your percentage interest in the joint venture. Where the percentage interest of your interest in a joint venture is not evidenced in writing, the percentage to be applied shall be that which would be imposed by law at the inception of the joint venture. Such percentage shall not be increased by the insolvency of any members of such joint venture or any other parties. This joint venture clause shall not apply to any liability you incur where, as a result of a claim, the terms of the joint venture agreement place the whole liability of the joint venture on you. 0 2010 Hiscox. All rights reserved. - 40 - TER P015 CW (12-15) Jew HISCO Exclusions Section 4: Liability General exclusions which apply to part one and part two of this section A. This insurance does not cover damages or claims expenses with respect to any claim directly or indirectly arising from, caused by or due to: 1. any act of terrorism or sabotage involving the emission, discharge, dispersal, release or escape of any chemical or biological agent 2. any threat or hoax of an act of terrorism or sabotage. 3. any act of terrorism or sabotage by electronic means including computer hacking or the introduction into any computer of any form of corrupting, harmful or otherwise unauthorised instructions or code. This exclusion shall not apply to the detonation of any explosive bomb or missile by remote controlled devices or the launch, guidance or firing systems of such bomb or missile. 4. any pollutant or contaminant, however such pollutant or contaminant may have been introduced or arisen. 5. nuclear reaction, nuclear radiation or radioactive contamination, however such nuclear reaction, nuclear radiation or radioactive contamination may have been caused. 6. loss of market, loss of income, loss of use or any other consequential loss other than loss of income or loss of use at the property physically lost or physically damaged by an act of terrorism or sabotage as insured by this policy. 7. loss, injury or damage arising out of employment related claims, of any type, including but not limited to employee claims of wrongful termination of employment, discrimination, harassment, false arrest, slander, invasion of privacy, assault or battery, or mental anguish or humiliation when asserted in connection with an employment related claim. 8. loss, injury or damage caused by or resulting from your recklessness or deliberate misconduct. 9. loss or damage to property: a. owned, leased, rented or occupied by you; b. in your care, custody or control or the care, custody or control of any person under contract with you. 10. mental injury, anguish or shock where no actual physical injury has occurred to the claimant. 11. loss or damage arising from goods or products designed, manufactured, constructed, altered, repaired, serviced, treated, sold, supplied or distributed by you. 12. criminal, dishonest, fraudulent or malicious conduct by you. B. This insurance does not cover: 1. fines, penalties, punitive or exemplary damages, sanctions or any additional damages resulting from the multiplication of compensatory damages. 2. the excess amount stated in the declarations. Nothing contained in the above exclusions shall extend this policy to cover any liability which would not have been covered had these exclusions not been incorporated herein. 0 2010 Hiscox. All rights reserved. - 41 - TER P015 CW (12-15) Endorsement 1 NAMED INSURED: City Of San Bernardino 'A", HISCOX E1.4 Policyholder Disclosure Notice of Terrorism Insurance Cover Page 1 of 2 YOU ARE HEREBY NOTIFIED THAT FOLLOWING THE TERRORISM RISK INSURANCE ACT OF 2002, AS AMENDED, COVERAGE PROVIDED BY THIS POLICY FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM IS PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. UNDER THIS FORMULA, THE UNITED STATES GOVERNMENT REMIBURSES 85% THROUGH 2015; 84% BEGINNING JANUARY 1, 2016; 83% BEGINNING JANUARY 1, 2017; 82% BEGINNING JANUARY 1, 2018; 81% BEGINNING JANUARY 1, 2019 AND 80% BEGINNING JANUARY 1, 2020 OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURER(S) PROVIDING THE COVERAGE. YOU SHOULD ALSO KNOW THAT THE TERRORISM RISK INSURANCE ACT, AS AMENDED, CONTAINS A $100 BILLION CAP THAT LIMITS THE U.S. GOVERNMENT REIMBURSEMENT AS WELL AS INSURERS' LIABILITY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM WHEN THE AMOUNT OF SUCH LOSSES IN ANY ONE CALENDAR YEAR EXCEEEDS $100 BILLION IN ANY ONE CALENDAR YEAR. IF THE AGGREGATE OF SUCH LOSSES FOR ALL INSURERS EXCEEDS $100 BILLION, COVERAGE MAY BE REDUCED. Acts of Terrorism, as defined in Section 102(1) of the Act, as amended, is as follows: The term "Act of Terrorism" means any act or acts that are certified by the Secretary of the Treasury, in consultation with the Secretary of Homeland Security and the Attorney General of the United States, to be an Act of Terrorism; to be a violent act or an act that is dangerous to human life, property, or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of certain air carriers or vessels or the premises of a United States mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion. Notwithstanding the TRIA program, this Policy insures against all terrorism perils in accordance with the terms, conditions and exclusions of this insurance. Your policy includes coverage for terrorism losses that are outside the TRIA definition of an "Act of Terrorism" as above. It also provides coverage for you according to your Policy terms, conditions, exclusions and limits, irrespective of any cap. The allocation of the premium for TRIA coverage is provided below and does not include any charges for the portion of loss covered by the United States government under the Act. The allocation we have made in respect of US exposures to Acts of Terrorism, as defined under TRIA, is 80% of your current premium. This premium allocation applies to expiry of the risk or 12:00 midnight December 31, 2020, the date on which the TRIA program is scheduled to terminate, whichever is sooner. Endorsement 1 NAMED INSURED: City Of San Bernardino HISCOX E1.4 Policyholder Disclosure Notice of Terrorism Insurance Cover Page 2 of 2 PLEASE RETAIN A COPY OF THIS DISCLOSURE NOTICE FOR YOUR RECORDS Policyholder/Applicant's Signature Print Name Date On behalf of certain Underwriter underwriters at Lloyd's Reference Ed. 01/15 Endorsement effective: 07/31/2017 Endorsement No: 1 Hiscox Inc. Policy No.: UTS2552771.17 Processed Date:07/21/2017 By: Carl Bach (Authorized Representative) Endorsement 2 NAMED INSURED: City Of San Bernardino HISCOX E100.2 Service of Suit Page 1 of 1 SERVICE OF SUIT CLAUSE (U.S.A.) It is agreed that in the event of the failure of the Underwriters heron to pay any amount claimed to be due hereunder, the Underwriters hereon, at the request of the Insured (or Reinsured), will submit to the jurisdiction of a Court of competent jurisdiction within the United States. Nothing in this clause constitutes or should be understood to constitute a waiver of Underwriters' rights to commence an action in any Court of competent jurisdiction in the United States, to remove an action to a United States District Court, or to seek a transfer of a case to another Court as permitted by the laws of the United States or of any State in the United States. It is further agreed that services of process in such suit may be made upon Hiscox Inc. 520 Madison Ave. - 32nd Floor New York, NY 10022 Attn: Head of Claims and that in any suit instituted against one of them upon this contract, Underwriters will abide by the final decision of such Court or of any Appellate Court in the event of an appeal. The above named are authorized and directed to accept service of process on behalf of Underwriters in any such suit and / or upon the request of the Insured (or reinsured) to give a written undertaking to the Insured (or reinsured) that they will enter a general appearance upon Underwriters' behalf in the event such a suit shall be instituted. Further, pursuant to any statute of any state, territory or district of the United States which makes provision therefore, Underwriters hereon hereby designate the Superintendent, Commissioner or Director of Insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as their true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of the insured (or Reinsured) or any beneficiary hereunder arising out of this contract of insurance (or reinsurance), and hereby designate the above named as the person to whom the said officer is authorized to mail such process or a true copy thereof. N.M.A. 1998 Endorsement effective: 07/31/2017 Endorsement No: 2 Hiscox Inc. Policy No.: UTS2552771.17 Processed Date:07/21/2017 By: Carl Bach (Authorized Representative) NAMED INSURED: City Of San Bernardino E240.11 Lloyd's Syndicate Proportion Percent: 100% Syndicate: 33 Contract #: B1234Hislnc2017 Registration Date: December 22, 2005 Endorsement effective: 07/31/2017 Endorsement No: 3 Hiscox Inc. Endorsement 3 Policy No.: UTS2552771.17 Processed Date:07/21/2017 By: Carl Bach (Authorized Representative) H I SCOX Page 1 of 1 Endorsement 4 NAMED INSURED: City Of San Bernardino H ISCO E246.2 Premium Payment Clause Page 1 of 1 PREMIUM PAYMENT CLAUSE Notwithstanding any provision to the contrary within this contract or any endorsement hereto, in respect of non payment of premium only the following clause will apply. The (Re)lnsured undertakes that premium will be paid in full to (Re)lnsurers within 30 days of inception of this contract (or, in respect of installment premiums, when due). If the premium due under this contract has not been so paid to (Re)lnsurers by the 30th day from the inception of this contract (and, in respect of installment premiums, by the date they are due) (Re) Insurers shall have the right to cancel this contract by notifying the (Re)lnsured via the broker in writing. In the event of cancellation, premium is due to (Re)lnsurers on a pro rata basis for the period that (Re) Insurers are on risk but the full contract premium shall be payable to (Re)lnsurers in the event of a loss or occurrence prior to the date of termination which gives rise to a valid claim under this contract. It is agreed that (Re)lnsurers shall give not less than 30 days prior notice of cancellation to the (Re) Insured via the broker. If premium due is paid in full to (Re)lnsurers before the notice period expires, notice of cancellation shall automatically be revoked. If not, the contract shall automatically terminate at the end of the notice period. If any provision of this clause is found by any court or administrative body of competent jurisdiction to be invalid or unenforceable, such invalidity or unenforceability will not affect the other provisions of this clause which will remain in full force and effect. LSW3001 30/9/08 Endorsement effective: 07/31/2017 Endorsement No: 4 Hiscox Inc. Policy No.: UTS2552771.17 Processed Date:07/21/2017 i t q 4J9UQ'--. By: Carl Bach (Authorized Representative) Endorsement 5 NAMED INSURED: City Of San Bernardino H I SCG, E263.2 Application of Sublimits Endorsement Page 1 of 1 The sub -limits of liability shown in this policy apply in the aggregate, unless otherwise specified, for all locations and coverages combined. Each sublimit stated in this policy applies as part of, and not in addition to, the overall policy limit for an occurrence insured hereunder. Each sublimit is the maximum amount potentially recoverable from all insurance layers combined for all insured loss, damage, expense, time element or other insured interest arising from or relating to that aspect of the occurrence, including but not limited to type of property, construction, geographic area, zone, location, or peril. This endorsement takes precedence over and, if in conflict with any other wording in the contract bearing on the application of sublimits, replaces that wording. Endorsement effective: 07/31/2017 Endorsement No: 5 Hiscox Inc. Policy No.: UTS2552771.17 Processed Date:07/21/2017 By: Carl Bach (Authorized Representative) HISCOX NOTICE NOTICE: 1. THE INSURANCE POLICY THAT YOU ARE APPLYING TO PURCHASE IS BEING ISSUED BY AN INSURER THAT IS NOT LICENSED BY THE STATE OF CALIFORNIA. THESE COMPANIES ARE CALLED "NONADMITTED" OR "SURPLUS LINE" INSURERS. 2. THE INSURER IS NOT SUBJECT TO THE FINANCIAL SOLVENCY REGULATION AND ENFORCEMENT THAT APPLY TO CALIFORNIA LICENSED INSURERS. 3. THE INSURER DOES NOT PARTICIPATE IN ANY OF THE INSURANCE GUARANTEE FUNDS CREATED BY CALIFORNIA LAW. THEREFORE, THESE FUNDS WILL NOT PAY YOUR CLAIMS OR PROTECT YOUR ASSETS IF THE INSURER BECOMES INSOLVENT AND IS UNABLE TO MAKE PAYMENTS AS PROMISED. 4. THE INSURER SHOULD BE LICENSED EITHER AS A FOREIGN INSURER IN ANOTHER STATE IN THE UNITED STATES OR AS A NON- UNITED STATES (ALIEN) INSURER. YOU SHOULD ASK QUESTIONS OF YOUR INSURANCE AGENT, BROKER, OR "SURPLUS LINE" BROKER OR CONTACT THE CALIFORNIA DEPARTMENT OF INSURANCE AT THE FOLLOWING TOLL-FREE TELEPHONE NUMBER: 1-800-927-4357. ASK WHETHER OR NOT THE INSURER IS LICENSED AS A FOREIGN OR NON-UNITED STATES (ALIEN) INSURER AND FOR ADDITIONAL INFORMATION ABOUT THE INSURER. YOU MAY ALSO CONTACT THE NAIC'S INTERNET WEB SITE AT WWW.NAIC.ORG. 5. FOREIGN INSURERS SHOULD BE LICENSED BY A STATE IN THE UNITED STATES AND YOU MAY CONTACT THAT STATE'S DEPARTMENT OF INSURANCE TO OBTAIN MORE INFORMATION ABOUT THAT INSURER. 6. FOR NON-UNITED STATES (ALIEN) INSURERS, THE INSURER SHOULD BE LICENSED BY A COUNTRY OUTSIDE OF THE UNITED STATES AND SHOULD BE ON THE NAIC'S INTERNATIONAL INSURERS DEPARTMENT (IID) LISTING OFAPPROVED NONADMITTED NON-UNITED STATES INSURERS. ASK YOUR AGENT, BROKER, OR "SURPLUS LINE" BROKER TO OBTAIN MORE INFORMATION ABOUT THAT INSURER. Hiscox Inc. T 914 273 7400 Page 1 of 1 D-1 SPLCANOT07/21/11 F9142737416 www.hiscoxuss.com HISCOX NOTICE 7. CALIFORNIA MAINTAINS A LIST OF APPROVED SURPLUS LINE INSURERS. ASK YOUR AGENT OR BROKER IF THE INSURER IS ON THAT LIST, OR VIEW THAT LIST AT THE INTERNET WEB SITE OF THE CALIFORNIA DEPARTMENT OF INSURANCE: WWW.INSURANCE.CA.GOV. S. IF YOU, AS THE APPLICANT, REQUIRED THAT THE INSURANCE POLICY YOU HAVE PURCHASED BE BOUND IMMEDIATELY, EITHER BECAUSE EXISTING COVERAGE WAS GOING TO LAPSE WITHIN TWO BUSINESS DAYS OR BECAUSE YOU WERE REQUIRED TO HAVE COVERAGE WITHIN TWO BUSINESS DAYS, AND YOU DID NOT RECEIVE THIS DISCLOSURE FORM AND A REQUEST FOR YOUR SIGNATURE UNTIL AFTER COVERAGE BECAME EFFECTIVE, YOU HAVE THE RIGHT TO CANCEL THIS POLICY WITHIN FIVE DAYS OF RECEIVING THIS DISCLOSURE. IF YOU CANCEL COVERAGE, THE PREMIUM WILL BE PRORATED AND ANY BROKER'S FEE CHARGED FOR THIS INSURANCE WILL BE RETURNED TO YOU. Date: Insured: D-1 (Effective July 21, 2011) Hiscox Inc. T 914 273 7400 Page 2 of 1 D-1 SPLCANOT07/21/11 F 914 273 7416 www.hiscoxusa.com H I SCOX CONFORMITY NOTICE (This does not amend, extend, or alter the coverages or any other provisions contained in your policy) Whenever the symbol "$" is used in this policy, it shall mean United States Dollars (USD). Page 1 of 1 INT N001 CW (11/12) Am H I C COQ/ ECONOMIC AND TRADE SANCTIONS POLICYHOLDER NOTICE Hiscox is committed to complying with trade and economic sanctions. To that end: I. No (re)insurer shall be deemed to provide cover and no (re)insurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (re)insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, Australia, United Kingdom or United States of America. The U.S. Department of Treasury Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions policy based on Presidential declarations of national emergency. OFAC has identified and listed numerous foreign agents, front organizations, terrorists, and narcotics traffickers as Specially Designated Nationals (SDN's) and Blocked Persons. OFAC has also identified Sanctioned Countries. A list of Specially Designated Nationals, Blocked Persons and Sanctioned Countries may be found on the United States Treasury's web site [; v7 Economic sanctions prohibit all United States citizens (including corporations and other entities) and permanent resident aliens from engaging in transactions with Specially Designated Nationals, Blocked Persons and Sanctioned Countries. Hiscox may not accept premium from or issue a policy to insure property of or make a claim payment to a Specially Designated National or Blocked Person. Hiscox may not engage in business transactions with a Sanctioned Country. A Specially Designated National or Blocked Person is any person who is determined as such by the Secretary of Treasury. A Sanctioned Country is any country that is the subject of trade or economic embargoes imposed by the laws or regulations of the United States. In accordance with laws and regulations of the United States concerning economic and trade embargoes, this policy may be rendered void from its inception with respect to any term or condition of this policy that violates any laws or regulations of the United States concerning economic and trade embargoes including, but not limited to the following: (1) Any insured under this Policy, or any person or entity claiming the benefits of such insured, who is or becomes a Specially Designated National or Blocked Person or who is otherwise subject to US economic trade sanctions; (2) Any claim or suit that is brought in a Sanctioned Country or by a Sanctioned Country government, where any action in connection with such claim or suit is prohibited by US economic or trade sanctions; (3) Any claim or suit that is brought by any Specially Designated National or Blocked Person or any person or entity who is otherwise subject to US economic or trade sanctions; (4) Property that is located in a Sanctioned Country or that is owned by, rented to or in the care, custody or control of a Sanctioned Country government, where any activities related to such property are prohibited by US economic or trade sanctions; or (5) Property that is owned by, rented to or in the care, custody or control of a Specially Designated National or Blocked Person, or any person or entity who is otherwise subject to US economic or trade sanctions. Hiscox Inc. Page 1 of 2 INT N098 CW (03/16) A, H I SCOX ECONOMIC AND TRADE SANCTIONS POLICYHOLDER NOTICE Please read your Policy carefully and discuss with your broker/agent or insurance professional. You may also visit the US Treasury's website at httn://www.treas.gov/offices/enforcement/ofac/. Hiscox Inc. Page 2 of 2 INT N098 CW (03/16) AM H I SCQX Policyholder Notice Complaints or Comments Any complaints or comments may be sent: • By Mail to: Legal Department Hiscox USA 520 Madison Avenue, 32nd Floor New York, NY 10022; or • By Email to: us_helpdesk. irahiscox.com Page 1 of 1 INT N099 CW (03/16)