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Home My WebLink About000349.tiff -t-`N-t•‘ CTS Sccvinc Coloradds l'oun¢c Colorado Counties Casualty and Property Pool 2022 Excess Property Policy Layered Policy- Various Carriers Underwriters at Lloyds ( Lead Carrier) Policy No . D38095432003 Summaries are brief outlines of the coverages afforded under the insurance policies . Since summaries are for informational purposes only, they should not be construed to constitute the entire insurance contracts . As the policies may contain additional coverages and restrictions , the exact wording should be consulted. Brief Summary of Property Deductibles This information is provided to present counties with a simple overview of county deductibles in the pool. It does not provide information on limits. The pool insuring agreements contain actual coverages and limits. The county has a $ 1 , 500 deductible for property claims . The pool pays up to $ 150 , 000 of each claim The pool pays up to $ 1M plus 2 % building value of each wind/hail property claim CAPP's excess insurance carriers pay up to $ 100 million per property claim unless otherwise stated in the CAPP Insuring Agreements. I rCountiesn PropertyPool Co o ado and •JCORE 360 Named Insured Schedule Colorado Counties Casualty and Property Pool including the following members : • Alamosa • Gunnison • Phillips • Archuleta • Hinsdale • Prowers • Baca • Huerfano • Pueblo • Bent • Jackson • Rio Blanco • Chaffee • Kiowa • Rio Grande • Cheyenne • Kit Carson • Routt • Clear Creek • Lake • Saguache • Conejos • La Plata • San Juan • Costilla • Las Animas • San Miguel • Crowley • Lincoln • Sedgwick • Custer • Logan • Summit • Delta • Mineral • Teller • Dolores • Moffat • Washington • Elbert • Montrose • Weld • Fremont • Morgan • Yuma • Garfield • Otero • Gilpin • Ouray • Grand • Park 1 ,j Ga agher Insurance Risk Management Consulting Gallagher Colorado Counties Casualty and Property Pool • CORE 360 Excess Property10M PrimaryLimit Quota Share Policy Period : January 1 , 2022 to January 1 , 2023 Attachment Clause: Following is the Participation Clause for the Primary $ 10 ,000 ,000 Limit Layer: The collective Liability of each Carrier shall not exceed the Limit of Liability or any appropriate Sublimit of Liability or any Annual Aggregate limit. The limit of liability or amount of insurance shown on the face of the policy or endorsed onto the policy, is the total limit of the Carrier's liability applicable to each occurrence , as defined in the policy. Notwithstanding any other terms and conditions of the policy to the contrary, in not event shall the liability of the Company exceed this limit or any amount irrespective of the number of locations involved . Carrier Limit % Participation UWs at Lloyds — Various Syndicates ( Lead $4 ,500 ,000 - Primary 45% Primary Carrier) Westchester Surplus Lines Ins. Co . $2, 000, 000 — Primary 20% Primary Starr Surplus Lines Ins . Co . $2 ,000 ,000 - Primary 20% Primary Allied World Assurance Co . $ 1 ,500 ,000 - Primary 15% Primary Named Insured : Colorado Counties Casualty and Property Pool , any official , trustee or employee of the Named Insured while acting within the scope of his duties as such , and any person , organization , trustee or estate to whom the Named Insured is obligated by virtue of written contract or agreement to provide insurance such as is offered by this Insurance , but only in respect to operations by or on behalf of the Named Insured Covered Property : Real Property, Personal Property, Vehicles and Mobile Equipment Covered Locations : Refer to Statement of Values on File with Company dated October 8 , 2021 Limits shown below are within the Primary $10, 000,000 Layer Amounts Coverages Total Primary $10M $ 10,000 ,000 Per occurrence subject to following sub-limits Policy Limit: Sublimits I $ 10 ,000 ,000 In the Aggregate for any one policy year of Earthquake $ 5 ,000 ,000 In the Aggregate for any one policy year for Flood loss in Zones A, AO , AE , AH , A1 -30 , A99 , AR $ 10 ,000 ,000 In the Aggregate for any one policy year for all Other Flood Combined $ 10 ,000 ,000 Newly Acquired Property any one Occurrence - 90 days ; coverage cases if the Newly Acquired Property is not reported within 90 days for the date of acquisition Carrier(s) have agreed with locations with values over $5, 000, 000 the carrier(s) may charge an additional premium . Any locations with value under $5, 000 , 000 still need to be reported to the carrier; however, an additional premium will not be charged . CAPP is to include these locations in the Statement of Values (SOV) $ 5 ,000 ,000 Builders' Risk, renovations, repairs made by the Insured at any location (including new locations with total contract cost under $5 ,000 ,000) within the territorial limits of the policy, any one occurrence 1 Sublimits are part of and not in addition to the Policy Limit of Liability. These Sublimits do not increase the Policy Limit of Liability or any other Sublimit. All Sublimits are Per Occurrence unless otherwise indicated. 3 ©2022 Arthur J. Gallagher & Co. All rights reserved. ; Gallagher Colorado Counties Casualty and Property Pool • • CORE 360 Excess Property $ 10M PrimaryLimit Continued Quota Share Amounts ler Coverage Sublimits $ 1 ,000, 000 Builder's Risk Soft Costs/Additional Expenses except $50 , 000 (Continued) : Unscheduled Location $ 500, 000 Business Income (applies to all members) with 90 Day Ordinary Payroll Limitation ; 180 Days Extended Period of Indemnity $ 50, 000 Personal Property of Others while on the Insured 's property $ 2 ,500 , 000 Unnamed Location , Any One Occurrence $ 1 ,000, 000 Errors and Omissions (as defined in the Policy) $ 10 , 000 , 000 Mobile/Contractors Equipment subject to maximum of $ 1 ,500 ,000 Per Item $ 5 ,000, 000 Fine Arts subject to a maximum $500 ,000 per item $ 250, 000 Furs , Jewelry, Precious Stones and Metals $ 10 , 000 , 000 Service Interruption (5-mile Limitation ) $ 1 , 000 , 000 Fire Fighting Materials (Fire Brigade and Extinguishing Expenses) $ 10 , 000 , 000 Ordinance or Law $ 10 , 000 , 000 Extra Expense — No monthly limitation based on period of restoration as defined in the policy $ 1 ,000, 000 Property In Transit $ 1 , 000 , 000 Vehicle Physical Damage — Over the Road $ 250 , 000 Civil Authority — 4 weeks maximum $ 250, 000 Ingress/Egress — 4 weeks maximum $ 100, 000 Loss Adjustment Expense $ 250, 000 Accounts Receivable $ 1 , 000 , 000 Expediting Expense $ 25 , 000 In the Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured , subject to $ 1 ,500 ,000 Annual Aggregate $ 25, 000 Limited Mold/Fungi/Wet & Dry Rot — terms per Carrier Endorsement $ 100, 000 Loss Adjustment Expenses/Professional Services $ 100, 000 Personal Property of Employees $ 100 , 000 Trees and Shrubs Deductibles & Amounts Coverage Waiting Periods : Each claim for loss or damage separately occurring shall be adjusted separately and from each adjusted claim , the amounts noted below shall be deductibles as noted below If two or more deductible amounts provided in this policy apply to a single Occurrence , the total to be deducted shall not exceed the largest deductible applicable unless otherwise stated in the Policy $ 150 ,000 Per Occurrence except $ 150, 000 Per Occurrence - Earthquake 2% Per Buildings/Structure As respects locations wholly or partially within a Flood Zone A area of the sum of all values (as defined by FEMA) listed in the SOV SOV on file with the Company for each separately identifiable building or structure that has sustained a loss or damage ; subject to minimum deductible of $ 1 , 000 , 000 Per Occurrence 2% Per Building/Structure Wind/Hail : SOV on file with the Company for each separately of the sum of all values identifiable building or structure that has sustained a loss or damage ; listed in the SOV subject to a minimum deductible of $250 ,000 Per Occurrence 24 hour Service Interruption & 5 mile distance limitation 180 Days Expended Period of Indemnity (Business Interruption ) 4 ©2022 Arthur J. Gallagher & Co. All rights reserved. IILT/ Gallagher Colorado Counties Casualty and Property Pool • CORE 360 Excess Property $ 10M PrimaryLimit Continued Quota Share Coinsurance : • None Valuations : • Real & Personal Property at Replacement Cost and/or Per Policy Form • Vehicle Damage and Mobile Equipment Damage - Actual Cash Value • Time Element at Actual Loss Sustained Terms/Conditions : • Attachment Clause • Definition of Loss Occurrence Endorsement • Definition of Occurrence for Flood and Earthquake amended to 168 hours • Pollution , Contamination and Debris Removal Exclusion Endorsement • The War Risk and Terrorist Exclusion (if coverage is rejected) • General Amendatory Endorsement-Westchester Form MS211964 ( 1 / 18) • Notice of Cancellation is 90 days except 10 days for non-payment of premium • Permission for Excess • Joint Loss Agreement • Electronic Data Amendment Endorsement — Named Peril Exception • OFAC Endorsement • Service of Suit Endorsement • Trade or Economic Sanctions Endorsement • Signature Endorsement • Policyholder Notification-Newly Acquired or Constructed Property — new location (s) added to the policy may be subjected to separate rating and/or premium charge and/or may require a higher deductible Policy Territory : • Property located within the 50 United States and the District of Columbia Exclusions Include but are • Crime, Employee Dishonesty not Limited to : • Pollution , Mold or Fungus (except where specifically provided in the policy or by specific endorsement) • Nuclear • Inventory shortage , mysterious disappearances • Service Interruption excludes Transmission/Distribution Lines • Fungus , Wet Rot, Dry Rote and Bacteria Exclusion • Nuclear, Biological , Chemical , Radiological (NCBR) • Asbestos Material Exclusion (Named Period Exception ) Minimum Earned Premium : • 35% Membership Reconciliation CAPP shall provide a Membership Reconciliation Report (schedule of locations and values) by 3/ 1 . Requirement This is to incorporate any changes from the SOV provided during submission to 3/1 including new buildings , new locations and/or deletion of buildings and/or locations . The carriers will reconcile the premium based on the revised SOV times the property rate/$ 100 of TIV and an additional premium or return premium will apply. Claims Reporting PROPERTY Instructions : CTSI as Claims Administrator for CAPP is to report claims when claim reaches 50% of the Deductible or if a serious catastrophic claim such as fire, wind/hail flood, earthquake, etc. Note, CTSI is not to settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to : Copies of any claims are also to be sent to : RPS CLAIMS REPORTING Arthur J . Gallagher Risk Management Services, Inc. Website : https ://my. rpsins .com/claimsfnol Claims e-mail : GGB . NRCCIaimsCenterRajq .com Toll Free : 844-777-8323 5 ©2022 Arthur J. Gallagher & Co. All rights reserved. (TH.) Gallagher Colorado Counties Casualty and Property Pool Aso CORE 360 1st Excess Property 15M xs 10M — Quota Share Excess Follow Form Coverage : 1st Excess Property $ 15M xs 10M Quota Share Policy Period : January 1 , 2022 to January 1 , 2023 Policy Form : Excess Physical Damage Form % Participation UWs at Lloyds (Various Syndicates) $4 ,500 ,000 part of $ 15 ,000 ,000 Excess of $ 10 ,000 ,000 30% Westchester Surplus Lines Insurance Co . $3 ,00 ,000 part of $ 15 ,000 ,000 Excess of $ 10 ,000 ,000 20% Starr Surplus Lines Ins . Co. $3 ,000 ,000 part of $ 15 ,000 ,000 Excess of $ 10 ,000 ,000 20% Evanston Insurance Company (Markel ) $4 ,500 ,000 part of $ 15 ,000 ,000 Excess of $ 10 ,000, 000 30% Insuring Clause Subject to the limitations , terms and conditions contained in this Policy or added hereto, the Insurer(s) agree to indemnify the Insured Named in the Policy in respect of Direct Physical loss or damage to the property described below while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any such perils as are set forth below and which are also covered by and defined in the Policy/ies specified in the Schedule and issued by the " Primary Insurer(s)" stated therein . Perils/Property Policy will follow form the Colorado Counties Casualty and Property Pool Policy issued by the Primary Covered Carriers for the $ 10 ,000 ,000 Primary limit. Coverage will not exceed specific sublimits outlined in the Primary Policy Form Perils Risks of Direct Physical Loss or Damage Including Flood and Earthquake Property Covered Real Property, Personal Property, Vehicle Physical Damage , and Mobile Equipment Amount Coverage Limits $ 15 ,000 ,000 Policy Loss Limit: Per Occurrence Excess of Primary $ 10 , 000 ,000 Per Occurrence Limit $ 15 ,000 ,000 Newly Acquired Locations/90 days ; coverage cases if the Newly Acquired Property is not reported within 90 days for the date of acquisition : Per Occurrence Excess of Primary $ 10 ,000 ,000 Per Occurrence Limit $ 15 ,000 ,000 Flood (excluding Flood Zone A): Per Occurrence and Annual Aggregate Excess of Primary $ 10, 000, 000 Per Occurrence Limit and Annual Aggregate $ 15 ,000 ,000 Earthquake : Per Occurrence Excess and Annual Aggregate Excess of Primary $ 10 ,000 ,000 Per Occurrence Limit and Annual Aggregate Amount Coverage Deductibles : $ 150 ,000 Per Occurrence except as follows: Wind/Hail : 2% Per Building/Structure of the sum of all values listed in the SOV on file with the Company for each separately identifiable building or structure that has sustained a loss or damage; subject to a minimum deductible of $250 ,000 Per Occurrence Same as above (as Newly Acquired Locations/90 days noted) $ 150 ,000 Flood (excluding Flood Zone A): Per Occurrence $ 150 ,000 Earthquake : Per Occurrence Terms/Conditions : . Application of Underlying Provision Clause : Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits: Applies • Coinsurance : NIL • Minimum Earned Premium : 35% • Cancellation : 90 Days except 10 Days for Non-Payment of Premium • Notice of Loss : The Insured upon knowledge of any occurrence likely to give rise to a Claim hereunder shall give immediate written advise thereof to the Company(ies) noted in the Claim Reporting Section . 6 ©2022 Arthur J. Gallagher & Co. All rights reserved. Gallagher Colorado Counties Casualty and Property Pool • C RE 360 1st Excess Property $ 15M xs $ IOM — Quota Share Excess Follow Form (Continued ) Terms/Conditions • Priority of Payment Clause : Notwithstanding anything contained herein to the contrary it is (Continued) : hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Assured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers, but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. • Permission for Excess Insurance Clause : Permission is granted to purchase insurance in excess of the amount Limit of Liability stated in this policy. Such excess insurance shall not be considered other insurance for the purposes of the "Other Insurance" clause . • Uncollectibility of Other Insurance Clause : Notwithstanding any of the terms of the Policy that might be construed otherwise , the insurance provided by the Policy shall always be excess over the maximum monetary limits set forth in Declaration and/or Schedules (reduced only by reduction of any underlying aggregate limits as provided in the policy regardless of the uncollectibility (in whole or in part) of any underlying insured amounts for any reason , including , but no limited to , the financial impairment or insolvency of an underlying Insurer(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Company(ies) . • Occurrence Limit of Liability Clause : The Limit of Liability or Amount of Insurance shown on the face of the policy, or endorsed onto this policy, is the total of the Insurer(s) liability applicable to each occurrence , as defined . Notwithstanding any other terms and conditions of the policy to the contrary, in no event shall the liability of the Insurer(s) exceed this limit or amount irrespective of the number of locations involved . The term "Occurrence" shall mean any one loss , disaster, casualty or series of losses , disasters , or casualties , arising out of one event. When the term applies to loss or series of losses from the perils of tornado , cyclone , hurricane , windstorm , hail , volcanic eruption , riot, riot attending a strike , civil commotion , and vandalism and malicious mischief, one event shall be considered to be all losses arising during a continuous period of 72 hours . When filing proof of loss , the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced, which shall not be earlier than the first loss to any covered property occurs . For Flood and Earthquake , the term "Occurrence" shall mean any one loss , disaster, arising out of one event arising during a continuous period of 168 hours. When filing proof of loss, the Insured may elect the moment at which the 168 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs . The premium for the policy is based upon the Statement of Values on file with the Insurer(s). In the event of loss , liability of the Insurer(s), subject to terms of paragraph one ( 1 ) above , shall be limited to the least of the following : a. The actual adjusted amount of loss , less applicable deductible(s). b. The Limit of Liability or Amount of Insurance shown on the face of this policy or endorsed onto this policy. • Other Provisions : Service of Suit Clause Valuation Clause : • Real and Personal Property: Replacement Cost • Vehicle Physical Damage : Actual Cash Value • Mobile (Contractors Equipment): Actual Cash Value Exclusions including • Follow form the Primary Policy Exclusions but not limit to : • War 7 ©2022 Arthur J. Gallagher & Co. All rights reserved. tr) 0, Gallagher Colorado Counties Casualty and Property Pool Aso CORE 360 1st Excess Property 15M xs 10M — Quota Share Excess Follow Form (Continued ) Claims Reporting PROPERTY Instructions : CTSI as Claims Administrator for CAPP is to report claims when claim reaches 50% of the Deductible or if a serious catastrophic claim such as fire, wind/hail flood , earthquake, etc. Note, CTSI is not to settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to : RPS CLAIMS REPORTING Website : https://my. rpsins .com/claimsfnol Toll Free : 844-777-8323 Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services , Inc. Claims e-mail : GGB . NRCCIaimsCenter@ajg . com 8 ©2022 Arthur J. Gallagher & Co. All rights reserved. Calmst' -�° Gallagher Gallagher Colorado Counties Casualty and Property Pool • CORE 360 2nd Excess Property $ 25M xs $ 25M Excess Follow Form Policy Period : January 1 , 2022 to January 1 , 2023 Policy Form : Excess Physical Damage Form Ain % Participation Llo d ' s $ 10 , 000 ,000 part of $25 ,000 ,000 Excess of $25, 000, 000 40% Aspen Specialty Ins. Co. $3,750,000 part of $25,000,000 Excess of $25,000,000 15% StarStone Specialty Ins. Co. $3 ,750 ,000 part of $25 ,000 ,000 Excess of $25 , 000 ,000 15% Lexington Ins . Co . I $2 , 500 ,000 part of $25 ,000 ,000 Excess of $25 ,000 ,000 10% Westfield Specialty Ins . Co . $2 ,500 ,000 part of $25 ,000 ,000 Excess of $25 , 000 ,000 10% Palms Ins. Co . $2 , 500 , 000 part of $25 ,000 ,000 Excess of $25 ,000 ,000 10% Insuring Clause Subject to the limitations, terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured Named in the Policy in respect of Direct Physical loss or damage to the property described below while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any such perils as are set forth below and which are also covered by and defined in the Policy/ies specified in the Schedule and issued by the "Primary Insurer(s)" stated therein . Perils/Property Covered • Policy will follow form the Colorado Counties Casualty and Property Pool Policy issued by the Primary Carriers for the $ 10 ,000 ,000 Primary limit. Coverage will not exceed specific sublimits outlined in the Primary Policy Form • Perils: Risks of Direct Physical Loss or Damage Including Flood and Earthquake • Property Covered : Real Property, Personal Property, Vehicle Physical Damage , and Mobile Equipment Limits : Amoun C • v - r • • $ 25 ,000 ,000 Policy Loss Limit Per Occurrence Excess of $25 ,000, 000 Per Occurrence $ 25, 000, 000 Flood (excluding Flood Zone A) $25 , 000 , 000 Per Occurrence and Annual Aggregate Excess of $25 ,000 ,000 Per Occurrence and Annual Aggregate $ 25 ,000, 000 Earthquake Per Occurrence Excess and Annual Aggregate Excess of Primary $25 ,000 ,000 Per Occurrence Limit and Annual Aggregate Deductibles : ounts Coverages $ 25,000, 000 Excess of $25 , 000, 000 Per Occurrence Excess of $150,000 Per Occurrence Primary $ 25, 000, 000 Flood (excluding Flood Zone A) Excess of $25 ,000 ,000 Per Occurrence and Annual Aggregate $ 25 ,000, 000 Earthquake Excess of $25 ,000 ,000 Per Occurrence and Annual Aggregate Terms/Conditions : • Application of Underlying Provision Clause : Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits : Applies • Minimum Earned Premium : 35% • Cancellation : 90 Days except 10 Days for Non-Payment of Premium Notice of Loss : • The Insured upon knowledge of any occurrence likely to give rise to a Claim hereunder shall give immediate written advise thereof to the Company(ies) noted in the Claim Reporting Section . 9 ©2022 Arthur J. Gallagher & Co. All rights reserved. ) Gallagher le Gallagher Colorado Counties Casualty and Property Pool 4,0 CORE 360 2nd Excess Property $25M xs $25M ( Continued ) Excess Follow Form Priority of Payment Clause : Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Assured to apportion recovery under this policy when submitting final proof of loss, subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s). Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. Permission for Excess Permission is granted to purchase insurance in excess of the amount Limit of Liability stated Insurance Clause : in this policy. Such excess insurance shall not be considered other insurance for the purposes of the "Other Insurance" clause. Uncollectibility of Other Notwithstanding any of the terms of the Policy that might be construed otherwise, the Insurance Clause : insurance provided by the Policy shall always be excess over the maximum monetary limits set forth in Declaration and/or Schedules (reduced only by reduction of any underlying aggregate limits as provided in the policy regardless of the uncollectibility (in whole or in part) of any underlying insured amounts for any reason , including , but no limited to , the financial impairment or insolvency of an underlying Insurer(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Company(ies). Occurrence Limit of The Limit of Liability or Amount of Insurance shown on the face of the policy, or endorsed Liability Clause : onto this policy, is the total of the Insurer(s) liability applicable to each occurrence , as defined . Notwithstanding any other terms and conditions of the policy to the contrary, in no event shall the liability of the Insurer(s) exceed this limit or amount irrespective of the number of locations involved . The term "Occurrence" shall mean any one loss, disaster, casualty or series of losses, disasters , or casualties, arising out of one event. When the term applies to loss or series of losses from the perils of tornado , cyclone , hurricane , windstorm , hail , volcanic eruption , riot, riot attending a strike , civil commotion , and vandalism and malicious mischief, one event shall be considered to be all losses arising during a continuous period of 72 hours . When filing proof of loss , the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs . For Flood and Earthquake , the term "Occurrence" shall mean any one loss, disaster, arising out of one event arising during a continuous period of 168 hours. When filing proof of loss , the Insured may elect the moment at which the 168 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs. The premium for the policy is based upon the Statement of Values on file with the Insurer(s). In the event of loss , liability of the Insurer(s), subject to terms of paragraph one ( 1 ) above , shall be limited to the least of the following : a . The actual adjusted amount of loss , less applicable deductible(s). b . The Limit of Liability or Amount of Insurance shown on the face of this policy or endorsed onto this policy. 10 ©2022 Arthur J. Gallagher & Co. All rights reserved. tr) le Gallagher Colorado Counties Casualty and Property Pool Aso CORE 360 2nd Excess Property $25M xs $25M ( Continued ) Excess Follow Form Other Provisions • Service of Suit Clause • Follow Form Underlying provisions with regard to Newly Acquired Property Clause • Membership Reconciliation Report due 3/ 1 (same provisions as noted in the Underlying Policies) Valuation Clause : • Real and Personal Property: Replacement Cost • Mobile (Contractors Equipment) : Actual Cash Value Exclusions including but • Follow form the Primary Policy Exclusions not limit to : • War Claims Reporting CTSI as Claims Administrator for CAPP upon knowledge of any occurrence likely to Instructions : give rise to a claim hereunder shall give immediate written advice to the carriers as noted below: Note, CTSI is not settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to : CRC Insurance Services Att: Cammie Talley ctalley@crcins . com Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services, Inc. Claims e-mail : GGB . NRCCIaimsCenter@ajg .com 11 ©2022 Arthur J. Gallagher & Co. All rights reserved. CT Gallagher Colorado Counties Casualty and Property Pool • CORE 360 3rd Excess Property 50M xs 50M Excess Follow Form Policy Period : January 1 , 2022 to January 1 , 2023 Policy Form : Excess Physical Damage Form Aar % Participation Homeland Ins . Co . of NY $ 12 ,500 , 000 part of $50 ,000 ,000 Excess of $50 ,000 ,000 25% Mitsui $12 ,500,000 part of $50,000,000 Excess of $50,000,000 25% RSUI Indemnity Co. $ 15, 000 , 000 part of $25,000 ,000 Excess of $50, 000, 000 30% First Specialty Ins . Co . $ 10 ,000 ,000 part of $25 ,000 ,000 Excess of $50 ,000 ,000 20% Insuring Clause Subject to the limitations, terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured Named in the Policy in respect of Direct Physical loss or damage to the property described below while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any such perils as are set forth below and which are also covered by and defined in the Policy/ies specified in the Schedule and issued by the "Primary Insurer(s)" stated therein . Perils/Property Covered • Policy will follow form the Colorado Counties Casualty and Property Pool Policy issued by the Primary Carriers for the $ 10 ,000 ,000 Primary limit. Coverage will not exceed specific sublimits outlined in the Primary Policy Form • Perils: Risks of Direct Physical Loss or Damage Including Flood and Earthquake • Property Covered : Real Property, Personal Property, Vehicle Physical Damage , and Mobile Equipment Limits : Amounts Coverages $ 50 ,000 ,000 Policy Loss Limit Per Occurrence Excess of $50 ,000, 000 Per Occurrence Excluded Flood Excluded Earthquake Deductibles : punts Coverages I $ 50 ,000, 000 Excess of $50 , 000 , 000 Per Occurrence Excess of $ 150 ,000 Per Occurrence Primary Terms/Conditions : • Application of Underlying Provision Clause : Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits : Applies • Minimum Earned Premium : 35% • Cancellation : 90 Days except 10 Days for Non-Payment of Premium Notice of Loss : • The Insured upon knowledge of any occurrence likely to give rise to a Claim hereunder shall give immediate written advise thereof to the Company(ies) noted in the Claim Reporting Section . 12 © 2022 Arthur J. Gallagher & Co. All rights reserved. j .? Gallagher le Gallagher Colorado Counties Casualty and Property Pool 4,0 CORE 360 3rd Excess Property $ 50M xs $ 50M ( Continued ) Excess Follow Form Priority of Payment Clause : Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Assured to apportion recovery under this policy when submitting final proof of loss, subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s). Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. Permission for Excess Permission is granted to purchase insurance in excess of the amount Limit of Liability stated Insurance Clause : in this policy. Such excess insurance shall not be considered other insurance for the purposes of the "Other Insurance" clause. Uncollectibility of Other Notwithstanding any of the terms of the Policy that might be construed otherwise, the Insurance Clause : insurance provided by the Policy shall always be excess over the maximum monetary limits set forth in Declaration and/or Schedules (reduced only by reduction of any underlying aggregate limits as provided in the policy regardless of the uncollectibility (in whole or in part) of any underlying insured amounts for any reason , including , but no limited to , the financial impairment or insolvency of an underlying Insurer(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Company(ies). Occurrence Limit of The Limit of Liability or Amount of Insurance shown on the face of the policy, or endorsed Liability Clause : onto this policy, is the total of the Insurer(s) liability applicable to each occurrence , as defined . Notwithstanding any other terms and conditions of the policy to the contrary, in no event shall the liability of the Insurer(s) exceed this limit or amount irrespective of the number of locations involved . The term "Occurrence" shall mean any one loss, disaster, casualty or series of losses , disasters , or casualties, arising out of one event. When the term applies to loss or series of losses from the perils of tornado , cyclone , hurricane , windstorm , hail , volcanic eruption , riot, riot attending a strike , civil commotion , and vandalism and malicious mischief, one event shall be considered to be all losses arising during a continuous period of 72 hours . When filing proof of loss , the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced , which shall not be earlier than the first loss to any covered property occurs . The premium for the policy is based upon the Statement of Values on file with the Insurer(s) . In the event of loss , liability of the Insurer(s), subject to terms of paragraph one ( 1 ) above , shall be limited to the least of the following : a . The actual adjusted amount of loss , less applicable deductible(s). b . The Limit of Liability or Amount of Insurance shown on the face of this policy or endorsed onto this policy. 13 ©2022 Arthur J. Gallagher & Co. All rights reserved. tr) le Gallagher Colorado Counties Casualty and Property Pool Aso CORE 360 3rd Excess Property $ 50M xs $ 50M ( Continued ) Excess Follow Form Other Provisions • Service of Suit Clause • Follow Form Underlying provisions with regard to Newly Acquired Property Clause • Membership Reconciliation Report due 3/ 1 (same provisions as noted in the Underlying Policies) Valuation Clause : • Real and Personal Property: Replacement Cost • Mobile (Contractors Equipment) : Actual Cash Value Exclusions including but • Follow form the Primary Policy Exclusions not limit to : • War • Flood • Earthquake Claims Reporting CTSI as Claims Administrator for CAPP upon knowledge of any occurrence likely to Instructions : give rise to a claim hereunder shall give immediate written advice to the carriers as noted below: Note, CTSI is not settle any loss without obtaining approval from the Carriers within this layer Claims are to be reported to : CRC Insurance Services Att: Cammie Talley ctalley@crcins . com Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services, Inc. Claims e-mail : GGB . NRCCIaimsCenter@ajg .com 14 ©2022 Arthur J. Gallagher & Co. All rights reserved. Gallagher Colorado Counties Casualty and Property Pool • • CORE 360 Excess Vehicle Physical Damage Over the Road $4M xs $ IM Carrier: Endurance American Specialty Insurance Company Policy Period : January 1 , 2022 to January 1 , 2023 Policy form Follow Form Excess Policy Covered Perils Vehicle Physical Damage — Over the Road Only — same Covered Causes of Loss as the Primary Policy Limits : $ 4,000, 000 Per Occurrence Excess of $ 1 ,000, 000 Per Occurrence (sublimit within the Primary Policy) ; $ 4 ,000, 000 Per Occurrence/Annual Aggregate Flood $ 4 ,000, 000 Per Occurrence/Annual Aggregate Earthquake The company provides the limits show above as applying on the basis of $4, 000, 000 excess of $ 1 , 000 ,000 in turn excess of any applicable deductible(s) or self-insured retention contained in the underlying policies with respect to each and every loss or occurrence cause resulting from a covered peril . Insuring Clause — Carrier The insurance provided by this policy will follow form and be subject to same terms and Specific Form conditions as the Primary Property Policy issued by Primary Carrier(s) listed in the Schedule of Primary Policies Endorsement, except for premium , the limits of liability, and to the extent that the terms , conditions, provisions , definitions , endorsements and exclusions of this policy differ from the "primary policy" . In the event of a conflict between this policy and the "primary policy" , the terms , conditions, provisions, definitions, and exclusions of this policy shall control . Schedule of Primary Primary Property - $ 10 ,000 ,000 (Quota Share) Basis - Vehicle Physical Damage is Insurance sublimited to $ 1 , 000 ,000 including Flood and Earthquake Terms/Conditions : • Application of Underlying Provision Clause : Applies • Maintenance of Primary and Underlying Excess Policy(ies) and Limits Applies • Minimum Earned Premium : 25% • Cancellation : 90 Days except 10 Days for Non-Payment of Premium Other Provisions : • Uncollectible Insurance Clause • Territory Clause — U . S . and District of Columbia • Notice of Loss Provision • Protection of Property after Loss • Proof of Loss — Insured shall file with the Company within 90 days from the request of the Company • Settlement of Loss Clause • Subrogation Clause • Assistance and Cooperation Clause Exclusions Including but • Follow Form Primary Policy exclusions not limited to : • Pollution • Terrorism 15 ©2022 Arthur J. Gallagher & Co. All rights reserved. tr) Gallagher Colorado Counties Casualty and Property Pool • • CORE 360 Excess Vehicle Physical Damage Continued Over the Road $4M xs $ IM Claims Reporting CTSI as Claims Administrator for CAPP upon knowledge of any occurrence likely to Instructions : give rise to a claim hereunder shall give immediate written advice to the carriers as noted below: Note , CTSI is not to settle any loss without getting approval from the Carriers within this layer. Claims are to be reported to : EXCESS VEHICLE PHYSICAL DAMAGE ( EXCESS OF $1M) RPS CLAIMS REPORTING Website : https ://my. rpsins. com/claimsfnol Toll Free: 844-777-8323 Endurance US Claims E-mail : insuranceclaims@sompo-intl . com Toll Free Reporting : 877. 676. 7575 Endurance US Claims 750 Third Avenue , 18th Floor New York, NY 10017 Note: Failure to Promptly Report Claim to the Carrier shall invalidate any claim under the policy. Copies of any claims are also to be sent to : Arthur J . Gallagher Risk Management Services , Inc. Claims e-mail : GGB . NRCCIaimsCenter@ajg . com 16 ©2022 Arthur J. Gallagher & Co. All rights reserved. ‘1.-) THIS CONTRACT IS DELIVERED AS SURPLUS LINES INSURANCE U NDER THE ' NONADMITTED INSURANCE ACT'. THE INSURER ISSUING THIS CONTRACT IS NOT ADMITTED IN COLORADO BUT IS AN ELIGIBLE N ONADMITTED INSURER. THERE IS NO PROTECTION UNDER THE áALLI ED PROVISIONS OF THE 'COLORADO INSURANCE GUARANTY !L WO R LD ASSOCIATION ACT. A FAIRFAX Company Joel D. Cavaness ALLIED WORLD ASSURANCE CO . , ( U . S . ) INC . 160 Federal Street, 6th Floor, Boston , MA 02110 • Tel . (857) 288-6000 • Fax (617) 556-8060 (hereinafter called the Company) COMMERCIAL PROPERTY POLICY Placed by : DECLARATIONS Risk Placement Services , Inc . POLICY NUMBER : 0312- 1675- 1A RENEWAL OF : 0312- 1675- 1A ITEM 1 . Named Insured : Colorado Counties Casualty and Property Pool Premium • P $ 435 , 000 . 00 Address : c/o CTS CO Surplus Lines Tax : $ 13 , 050 . 00 800 Grant Street, Suite 400 Total Charges : $ 448 , 050 . 00 Denver, CO 80203 ITEM 2 . Policy Period : From : 01 /01 /2022 To : 01 /01 /2023 at 12 : 01 A. M . Standard Time at the location of property insured as stated in the Schedule of Locations. ITEM 3. Limit of Insurance : $ 1 , 500 , 000 Part of $ 10 , 000 , 000 Primary per Occurrence , Except Annual Aggregate applies , as respects Perils of Flood and Earthquake , if Covered See attached Forms and Endorsements, for Sublimits which may apply to these or to other Perils or Coverages. Premium , all Coverages Excluding Terrorism : $435 , 000 part of $2 , 900 , 000 Premium , Terrorism Coverage : $ 0 ( REJECTED ) Total Premium , All Coverages : $435 , 000 In the event of cancellation of this policy by the Insured , a minimum premium of $ 152 , 250 . shall become earned , any provision of the policy to the contrary notwithstanding . Failure of the Insured to make timely payment of premium shall be considered a request by the Insured for the Company to cancel on the Insured's behalf. In the event of such cancellation for non-payment of premium , the minimum earned premium shall be due and payable ; provided , however, such cancellation shall be rescinded if the Insured remits and the Company receives the full policy premium within 10 days after the date of issuance of the cancellation notice . Such remittance and acceptance by the Company shall not affect the minimum earned premium provision of this endorsement. In the event of any other cancellation by the Company, the earned premium shall be computed pro-rata , not subject to the minimum earned premium . ITEM 4. Perils : All Risk of Direct Physical Loss or Damage Including Flood and Earthquake Excluding Terrorism and Boiler & Machinery; To Report a Loss • Dial toll-free # 1 (844 )777-8323 or visit our APDP 0001 0609 • Website : https : //my. rpsins . com/claimsfnol • Contact Insurer directly (see policy section ) ITEM 5. Description of Property Covered : Real and Personal Property, Business Interruption , Extra Expenses , Rental Values ITEM 6. Coinsurance : Nil ITEM 7. Forms Attached : See attached Forms Schedule ITEM 8. Producer: Risk Placement Services , Inc. 2400 Lakeview Parkway, Suite 675 Alpharetta , GA 30009 ITEM 9. SERVICE OF SUIT CLAUSE Service of Suit: In the event of failure of the Company to pay any amount claimed to be due hereunder, the Company, at the request of the Insured , will submit to the jurisdiction of a court of competent jurisdiction within the United States . Nothing in this condition constitutes or should be understood to constitute a waiver of the Company's 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 or process in such suit may be made upon Counsel , Legal Department, Company stated on Declarations , 160 Federal Street, 6th Floor, Boston , MA 02110 , or his or her representative , and that in any suit instituted against the Company upon this policy, the Company will abide by the final decision of such court or of any appellate court in the event of an appeal . Further, pursuant to any statute of any state , territory, or district of the United States which makes provision therefor, the Company hereby designates the Superintendent, Commissioner or Director of Insurance , other officer specified for that purpose in the statute , or his successor or successors in office as its 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 any beneficiary hereunder arising out of this policy of insurance and hereby designates the above named Counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof. ITEM 10. GOVERNMENT ACTIVITY CLAUSE The Company shall not be liable for loss or damage caused by or resulting from : ( 1 ) the seizure or destruction of property insured by this policy by any government body, including any customs or quarantine action , or (2 ) confiscation or destruction of any property by order of any government or public authority, except an order to destroy property to prevent the spread of fire or explosion . IN WITNESS HEREOF , we have caused this policy to be executed and attested , but this policy shall not be valid unless countersigned in these Declarations by one of our duly authorized representatives . Authorized Representative ANY REFERENCE IN THE POLICY FORM TO CONTACT IN WRITING THE COMPANY'S CLAIM OR LEGAL DEPARTMENTS SHOULD USE THE ADDRESSES PROVIDED BELOW . ATTN : Claim Department Allied World Assurance Company ( U .S . ) Inc. 199 Water Street New York, New York 10038 awacus . propertyclaims@awac.com ATTN : Legal Department Allied World Assurance Company, (U . S. ), Inc. 160 Federal Street, 6th Floor Boston , MA 02110 AP DP P 0001 0609 FORMS SCHEDULE Named Insured : Colorado Counties Casualty and Property Pool Policy No : 0312- 1675- 1A Effective Date : 01 /01 /2022 Form Number Edition Date End't Number Title : APDP 0001 06 09 Declarations Page PSC 0007 99 0609 Schedule of Covered Locations PEN 0011 99 0609 Standard Property Conditions Broker Form 0609 All Risk Coverage Form A Excess Clause B Named insured endorsement C Joint Loss Clause General Amendatory Definition of Loss Occurrence Additional Policy Conditions N uclear, Bio , Chem , And Radiological Asbestos Material Exclusion Permission For Excess Insurance Property Cyber and Data N ewly Acquired Constructed Colorado Fraud Statement U . S . Treasury Dept Notice Business Interruption Debris Removal Sanction Limitation War and Terrorism Also: PEN 0012 99 0609 Prop Milm PEN 0013 99 0609 Terrorism Exclusion PEN 0014 99 0609 Pollution and Contamination PEN 0015 99 0609 Mold PEN 0016 99 0609 Data Corruption PEN 0017 99 0609 Cat EP PEN 0018 99 0609 Newlt-Acqd Loc Lmt' n PEN 0027 99 0609 Priority of Payments PEN 0046 99 0609 Joint Loss PEN 0104 99 10 19 Cyber Exclusion PEN 0111 99 04 20 Communicable Disease Exclusion PEN 0700 0115 Policyholder Disclosure Statement U nder the Terrorism Risk PSC 0001 0609 Schedule of Covered Locations Policy Number: 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool Description of Premises Limit Percent of Coinsurance As Per Schedule of Locations on File $ 1 , 500 , 000 part of Nil With the Company, with a Total Insurable $ 10 , 000 , 000 Value of $3 , 076 , 178 , 555 . Primary per Occurrence , Except Annual Aggregate applies As repsects Perils of Flood and Earthquake , if Covered PSC 0007 99 0609 ALLIED WORLD ASSURANCE COMPANY, ( U . S . ) INC . Standard Property Conditions This endorsement, effective : 01 /01 /2022 forms part of Policy Number 0312-1657-1A Issued to : Colorado Counties Casualty and Property Pool By : Allied World Assurance Co . , ( U . S . ) Inc. (hereinafter called "the Company" ). In consideration of the premium charged , the following clauses are hereby made applicable under this policy. MINIMUM EARNED PREMIUM CLAUSE In the event of cancellation of this policy by the Insured , a minimum premium of $ 152 ,250 shall become earned , any provision of the policy to the contrary notwithstanding . Failure of the Insured to make timely payment of premium shall be considered a request by the Insured for the Company to cancel on the Insured's behalf. In the event of such cancellation for non-payment of premium , the minimum earned premium shall be due and payable ; provided , however, such cancellation shall be rescinded if the Insured remits and the Company receives the full policy premium with 10 days after the date of issuance of the cancellation notice . Such remittance and acceptance by the Company shall not effect the minimum earned premium provision of this endorsement. In the event of any other cancellation by the Company, the earned premium shall be computed pro- rata , not subject to the minimum earned premium . POLICY DEDUCTIBLE Each claim for loss or damage separately occurring shall be adjusted separately and from each such adjusted claim , the amount of $*** shall be deducted . Notwithstanding the foregoing , the deductible amount applying to certain peril (s) insured against by this policy shall be as follows : ***deductibles are found on pages 2-3 of coverage form In the event of any other insurance covering the property insured hereunder, whether or not concurrent, the deductible(s) specified herein shall apply in full against that portion of any claim for loss or damage which the Company is called upon to pay under the provisions of the Apportionment Clause irrespective of any provisions to the contrary of such other insurance. CANCELLATION CLAUSE Except and to the extent of the Minimum Earned Premium Clause which is part of this policy, this clause supersedes other cancellation clauses made a part of this policy. CANCELLATION : This policy may be cancelled by the Insured by surrender thereof to the Company or by mailing to the Company written notice stating when thereafter such cancellation shall be effective . This policy may be cancelled by the Company by mailing to the Insured , at the mailing address shown in this policy or last known address , written notice , stating when , not less than 90 days thereafter ( 10 days for non-payment of premium ) such cancellation shall be effective . The effectiveness of cancellation is not dependent on the return of unearned premium with the notice . Proof of mailing of notice as aforesaid shall be sufficient proof of notice . The effective date and hour of cancellation stated in the notice shall become the end of the policy period . Delivery of such written notice either by the Insured or the Company shall be equivalent to mailing . If the Insured cancels , earned premium shall be computed in accordance with the customary short rate table and procedure . If the Company cancels , earned premium shall be computed pro rata . Premium adjustment shall be made as soon as practicable after cancellation becomes effective . SERVICE OF SUIT CLAUSE Service of Suit: In the event of failure of the Company to pay any amount claimed to be due hereunder, the Company, at the request of the Insured , will submit to the jurisdiction of a court of competent jurisdiction within the United States . Nothing in this condition constitutes or should be understood to constitute a waiver of the Company's 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 or process in such suit may be made upon Counsel , Legal Department, Company stated on Declarations , 160 Federal Street, 6th floor, Boston , MA 02110 , or his or her representative , and that in any suit instituted against the Company upon this policy, the Company will abide by the final decision of such court or of any appellate court in the event of an appeal . Further, pursuant to any statute of any state , territory , or district of the United States which makes provision therefor, the Company hereby designates the Superintendent, Commissioner or Director of Insurance , other officer specified for that purpose in the statute , or his successor or successors in office as its 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 any beneficiary hereunder arising out of this policy of insurance and hereby designates the above named Counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof. WAR RISK EXCLUSION CLAUSE The Company shall not be liable for any loss , caused directly or indirectly, by ( 1 ) hostile or warlike action in time of peace or war, whether or not declared , including action in hindering , combating or defending against an actual , impending or expected attack (a ) by government or sovereign power (dejure or de facto) or by any authority maintaining or using military, naval or air forces ; or (b) by military, naval or air forces ; or (c) by an agent of any such government, power, authority or force (2 ) any weapon of war employing atomic fission or radioactive force whether in time of peace or war, whether or not its discharge was accidental ; (3) insurrection , rebellion , revolution , civil war, usurped power, or action taken by government authority in hindering , combating , or defending against such an occurrence , seizure or destruction ; (4) any consequence of any of the foregoing . NUCLEAR EXCLUSION CLAUSE The Company shall not be liable for loss by nuclear reaction or nuclear radiation or radioactive contamination all whether controlled or not, and whether such loss be direct or indirect, proximate or remote , or be in whole or in part caused by, contributed to , or aggravated by the peril (s ) insured against in this policy. If the peril of fire is insured under this policy, then , subject to the foregoing and all provisions of this policy, direct loss by fire resulting from nuclear reaction or nuclear radiation or radioactive contamination is insured against by this policy. SALVAGE AND RECOVERY CLAUSE All salvages , recoveries and payments recovered or received either prior or subsequent to a loss settlement under this policy shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto , including deduction of the Company's cost of recovery or salvage . REPORTING CLAUSE Notwithstanding that the Insured may be obligated to report full values for premium purposes , the Company's maximum limit of liability shall not exceed that amount stated as the policy limit of liability. PROOF OF LOSS AND PAYMENT The Insured shall complete and sign a sworn proof of loss within ninety (90) days after the occurrence of a loss (unless such period be extended by the written agreement of the Company) stating the time , place and cause of loss, the interest of the Insured and of all others in the property, the sound value thereof and the amount of loss or damage thereto , and all other insurance thereon . All adjusted claims shall be due and payable thirty (30) days after the presentation and acceptance of satisfactory proof(s) of loss at the office of the Company at 160 Federal Street, 6th floor, Boston , MA 02110 GOVERNMENT ACTIVITY CLAUSE The Company shall not be liable for loss or damage caused by or resulting from : ( 1 ) the seizure or destruction of property insured by this policy by any government body, including any customs or quarantine action , or (2 ) confiscation or destruction of any property by order of any government or public authority, except an order to destroy property to prevent the spread of fire or explosion . IN WITNESS HEREOF , we have caused this policy to be executed and attested , but this policy shall not be valid unless countersigned in the Declarations by one of our duly authorized representatives . PEN 0011 99 0609 2 of 2 Coverage Summary 1 . This policy covers Blanket Real , Personal Property, Contractors Equipment, Fine Arts , Glass , Valuable Papers , Data Processing Equipment and Media , Business Interruption (Business Income) Extra Expense, Builders Risks and Installations , Transit, and Vehicle Damage . 2 . LIMIT OF LIABILITY The insurer(s) shall not be liable hereunder in any one loss , casualty or disaster for more than $ 100 , 000 , 000 Per Occurrence . For sublimits refer to Insuring Agreement, paragraph III . Insuring Agreement I . NAMED OF INSURED It is agreed that the unqualified word "Insured" wherever used in this insurance includes not only the Named Insured but also any official , trustee or employee of the Named Insured while acting within the scope of his duties as such , and any person , organization , trustees or estate to whom the Named Insured is obligated by virtue of written contract or agreement to provide insurance such as is offered by this Insurance , but only in respect to operations by or on behalf of the Named Insured . II . TERRITORY Coverage applies to property located within the 50 states comprising the United States of America and the District of Columbia . III . ULTIMATE NET LOSS In calculating the amount of Ultimate Net Loss , this insurance is deemed to have the following maximum sublimits : A . $ 50 , 000 , 000 In the aggregate annually as respects Earthquake Loss B . $ 5,000,000 In the aggregate as respects any Flood loss in Zones A, AO, AE, AH, Al -30, A99, AR C . $ 50 , 000 , 000 In the Aggregate as respects all other Flood loss D . $ 50 , 000 , 000 In the aggregate annually for all Flood losses combined E . $ 25 ,000 ,000 Newly Acquired Property — 90 Days from the date of acquisition ; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition F $ 250 , 000 Accounts Receivable G . $ 5 , 000 ,000 Builders' Risks , Renovations , Repairs made by the Insured at any location (including new locations with total contract cost under $5 ,000 ,000) within the territorial limits of the policy, any one occurrence . Any Builders' Risks , Renovations , Repairs with total contract costs over $5 ,000 ,000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 1 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 H . $ 1 , 000 ,000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; $50 ,000 Unscheduled Locations I . $ 500 ,000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity J . $ 250 ,000 Civil Authority — 4 Weeks Maximum K. $ 250 ,000 Ingress/Egress — 4 Weeks Maximum L. $ 2 , 500 ,000 Unnamed Location , Any One Occurrence M . $ 100 ,00 Personal Property of Employees at a described Location N . $ 50 ,000 Personal Property of Others while on the Insured's property O . $ 10 , 000 , 000 Ordinance or Law P . $ 10 , 000 , 000 Extra Expense Q. $ 1 , 000 ,000 Expediting Expense R. $ 1 , 000 ,000 Property in Transit S . $ 10 , 000 , 000 Contractors ' Equipment subject to maximum $ 1 , 500 , 000 per item T. $ 5 , 000 ,000 Fine Arts subject to maximum $500 ,000 per item U . $ 1 , 000 ,000 Fire Fighting Materials V. $ 250 ,000 Furs , Jewelry, Precious Stones and Metals not used for industrial purposes W. $ 250 ,000 Loss Adjustment Expenses/Professional Services X . $ 10 , 000 , 000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation Y. $ 1 , 000 ,000 Errors or Omissions Z. $ 1 , 000 ,000 Vehicle Physical Damage — Over the Road AA. $ 25 ,000 in the Annual Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured subject to a $ 1 , 500 ,000 Annual Aggregate for all members BB . $ 100 ,000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement CC. $ 100 ,000 Trees and Shrubs DD . $ 10 ,000 ,000 Valuable Papers Policy Deductible : Each claim for loss or damage separately occurring shall be adjusted separately and from each adjusted claim , the amount of $ 150 ,000 shall be deducted . Notwithstanding the foregoing , the deductible amount applying to certain peril (s) insured against by this policy shall be as follows . If two or more deductible amounts provided in this Policy apply to a single Occurrence, the total to be deducted shall not exceed the largest deductible applicable unless otherwise stated in this Policy. Name of Insured : Colorado Counties Casualty and Property Pool Page 2 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 Flood Deductible: $ 150 ,000 Per Occurrence except as noted below: Flood Zone A: 2% per building or structure of the sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy; Minimum $ 1 ,000 ,000 Per Occurrence as respects locations wholly or partially within Special Flood Hazard Areas (SFHA), areas of 100-year flooding , as defined by the Federal Emergency Management Agency (FEMA). Wind/Hail Deductible : 2% per building or structure of the Sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy subject to a minimum deductible of $ 1 ,000 ,000 Per Occurrence . Earthquake Deductible : $ 150 ,000 Per Occurrence Service Interruption Deductible : 24 Hours IV. SERVICE ORGANIZATION This Insurance is issued to the Insured on the express condition that the Insured undertakes to utilize at all times the services of County Technical Services, Inc. Claims Management Department. This Service Organization shall perform the following duties : A. Discharge the Insured's obligation under the terms of this agreement by administering a complete claims handling program . B . Maintain accurate records of all reported claims and details incident to loss and expense payments . C . Furnish monthly claims records on an approved form . The acceptance of these services shall be a condition precedent to any liability, which may attach to the Company in accordance with the terms and conditions of this Insurance. Property Insurance AGREEMENT A — BUILDING ANDPERSONAL PROPERTY: Company agrees , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to all Real or Personal Property of every kind and description , wherever located , occurring during the period of this Insurance . AGREEMENT B — VEHICLE PHYSICAL DAMAGE —while on premises (excluding over the Road ): Company agree , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance, against Risks of Direct Physical Loss while on premises (excluding over the road ) AGREEMENT C — VEHICLE PHYSICAL DAMAGE —while over the road : Company agree , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss , including Collision of the Automobile with another object. Name of Insured : Colorado Counties Casualty and Property Pool Page 3 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 Definitions/Provisions 1 . PROPERTY OF THE INSURED : The term " Insured's Property" shall mean all Real and Personal Property, including leasehold improvements or betterments which the Insured owns , property which the Insured holds on consignments or agrees to insure by any contractual agreement normal to its operations. 2 . VEHICLE : The term "VEHICLE" shall mean any motor vehicle , trailer or semi-trailer, including its equipment and any other equipment permanently attached thereto . The word "Trailer" shall include semi-trailer. 3 . ULTIMATE NET LOSS : The words " Ultimate Net Loss" in respect of this section shall be understood to mean the loss sustained by the Insured after making deductions for all recoveries and salvages . 4. VALUABLE PAPERS : The term "Valuable Papers" shall mean written , printed or otherwise inscribed documents and records , including books , maps , film , drawings , abstracts, deeds , mortgages and manuscripts , but does not mean money and securities , but includes additional costs to research or restore damaged documents, drawings or records . 5 . ACCOUNTS RECEIVABLE : The term "Accounts receivable" shall mean : a . All sums due the Insured from customers provided the Insured is unable to effect collections thereof as the result of covered loss or damage to records of accounts receivable ; b . Interest charges on any loan to offset impaired collections pending repayment of such sums made uncollectible by such loss or damage : c. Collection expense in excess of normal collection caused and made necessary because of such loss or damage ; d . Other expenses when reasonably incurred by the Insured in re-establishing records of accounts receivable following such loss and I or damage . The following Special exclusions apply to Accounts Receivable Coverage ; this policy does not insure against: 1 ) Loss due to bookkeeping , accounting or billing errors or omissions ; 2 ) Loss , the proof of which as to factual existence , is dependent upon an audit of records or an inventory computation , but this shall not preclude the use of such procedures in support of claim for loss which the insured can prove , through evidence wholly apart therefrom , is due solely to a risk of loss to records of accounts receivable not otherwise excluded hereunder; 3) Loss due to alteration , falsification , manipulation , concealment, destruction or disposal of records of accounts receivable 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 of money, securities or other property but only to the extent of such wrongful giving , taking , obtaining or withholding . 6 . OCCURRENCE : "Occurrence" means all covered loss , damage , or a sequence of losses or damage , casualties or disasters , arising from a single event or catastrophe . So far as loss involving in whole or in part, the perils of wind , (including hurricanes , tornadoes , and cyclones), snow, rain , or hail is concerned a single event shall mean one single atmospheric disturbance during a continuous period of seventy-two (72 ) hours (not limited by the date on which coverage under this policy ceases). 7 . BUILDERS RISK This policy cover projects in the course of construction at a covered location , other than an Unscheduled Location , within the policy TERRITORY as defined in Section II above , subject to the "total project value" not exceeding the Sublimit shown in Section III ULTIMATE NET LOSS above . Alteration , addition , extension , repairs and/or remodeling projects are included under this extension . Any builders' risks , renovations , repairs with total contract costs over $5 , 000 , 000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 4 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 As respects locations other than insured locations , coverage under this extension shall commence when the Insured first acquires an insurable interest at the location and shall cease sixty (60) days from the date of such acquisition , or when reported to and accepted by the Company, on the expiration date of this policy, whichever occurs first. No coverage is provided under this property in this extension for property while in transit or while waterborne . The term "total project value" shall mean the cost of all labor, materials , equipment, machinery, or supplies intended to be a permanent part of the completed buildings(s) or structure (s) and in which the Insured has an insurable interest at the time of the loss or damage . 8 . ERRORS AND OMISSIONS The term Errors and Omissions covers direct physical loss or damage at Locations within the Coverage Territory that are owned , leased or operated by the Insured , if such loss or damage is not payable under the Policy solely due to : a . Any error or unintentional omission in the description of the address of the property whether made at the inception of the policy period or subsequent thereto ; or b . Failure through any error or unintentional omission to : i . Include any Location of the Insured at the inception of the Policy; or ii . Report any newly acquired Location before the period of automatic coverage provided under the policy for Newly Acquired Property extension expires . This policy covers such direct physical loss or damage , to the extent it would have provided coverage had the error or unintentional omission had not been made . It is a condition of this coverage that any error or unintentional omission be reported by the Insured to the Company when discovered and corrected . The Company may charge an additional premium based on the proper values reported after the correction has been made to the schedule of values/locations . There is no coverage under this Paragraph for loss or damage which is covered under Newly Acquired or Unnamed Locations provisions of this Policy. Excluded Perils With regard to all Property, this insurance does not insure against: 1 . Loss by moth , vermin , termites or other insects ; wear, tear or gradual deterioration ; rust, wet or dry rot, or mold . 2 . Loss resulting from loss of use , delay or loss of markets . 3 . Breakdown of machinery and/or boiler explosion but not excluding loss resulting therefrom . This exclusion shall not apply as respects to EDP equipment and media . 4 . Loss resulting from dampness of atmosphere or variation in temperature unless caused by the perils of fire , explosion , windstorm , hail , riot, civil commotion , and impact by aircraft or vehicles . This exclusion shall not be deemed to exclude loss resulting from freezing . 5 . Loss of electrical appliances or devices of any kind , including wiring , arising from electrical injury or disturbance to the said electrical appliances or devices or wiring from artificial causes unless fire or explosion ensues , and then only for direct loss or damage caused by fire or explosion . 6 . Loss by normal settling , normal shrinkage or normal expansion in foundations, walls , floors or ceilings . 7 . Loss by mechanical derangement, error in design , inherent vice or latent defect. Name of Insured : Colorado Counties Casualty and Property Pool Page 5 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 8 . Loss resulting from processing or faulty workmanship , unless fire and/or explosion ensues , and then only for direct loss or damage caused by such ensuing fire or explosion . 9 . Loss resulting from shrinkage , evaporation , loss of weight or leakage , unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike , riot or civil commotion , aircraft, vehicles , breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 10 . Inventory shortage , mysterious disappearances or loss resulting from any kind of infidelity or dishonesty on the part of the Insured or any of his employees . Excluded Property 1 . Animals; 2 . Aircraft 3 . Standing timber, growing crops , land and land values ; 4. Currency, money, notes , and securities ; 5 . Bridges , culverts , roadways , streets , walks , or paved surfaces , dams, docks , piers and Wharves ; 6 . Water; 7 . Tunnels used for vehicular traffic; underground mines and property therein . The following property not at a Covered Location : 1 . Underground piping , wiring , flues or drains ; 2 . Reservoirs , transmission and distribution lines , telephone and power poles and appurtenants , street and highway lighting and signs. The following property not part of museum collections and/or exhibits at a Covered Location : 1 . Furs ; jewelry; precious and semi-precious stones , gold , silver, platinum and other precious metals and alloys . Conditions 1 . REPORTING REQUIREMENTS A. NEWLY ACQUIRED PROPERTY: The Company will charge the appropriate premium for adding Property to the policy. Property must be reported the Carrier within 90 days of acquisition or coverage ceases . For Property with values over $5 ,000 ,000 the Company will charge an additional premium . For Property with values under $5 ,000 ,000 , the Company is to be notified of the newly acquired Property and any additional premium will be waived . The Insured is required to include the new Property and/or Location on the Statement of Values . B . MEMBERSHIP RECONCILIATION REPORT FOR UDPATED STATEMENT OF VALUES : The Insured will provide the Company a Membership Reconciliation Report updating the Statement of Values for 100% of values by Member and Location (s) by March 1st of each policy year. The report shall incorporate any changes to the insured Locations including new buildings , new locations and/or deleted buildings and/or Locations. Name of Insured : Colorado Counties Casualty and Property Pool Page 6 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 2 . VALUATION . The Company shall not be liable for loss or damage in excess of. A. Real and Personal Property - the cost to repair, rebuild or replace the destroyed or damaged property in a condition equal to but not superior to or more extensive than its condition when new. If the Insured decides to replace destroyed or damaged property on another site , cost of such site is not included hereunder. It is a requirement that if the Insured does not repair, replace or rebuild the property within two years from the date of loss , this property shall be valued at actual cash value . B . Automobile - the actual cash value of the automobile at the time of loss . C . Contractors Equipment — the actual cash value of the equipment at the time of loss . 3 . REMOVAL CLAUSE . This Insurance covered the expense and damage occasioned by removal from the premises endangered by the perils insured against wherever such Property is located or removed for preservation . 4 . ARCHITECTS FEES . This Insurance covers the additional assessment involving architects' fees for consultations arising from losses resulting from an insured peril . Fees are limited to seven (7% ) percent of replacement cost. 5 . APPRAISAL. In the event the Insured and Company are unable to agree as to the amount necessary to rebuild , repair or replace the damaged or destroyed property or the actual amount of reimbursement to be paid , each party shall name a competent and disinterested umpire . The appraisers together shall obtain reconstruction estimates , and calculate the amounts of reimbursement due , and failing to agree, shall submit their differences to the umpire . The award , in writing , duly verified by any two shall determine the point in question . Both parties shall pay the cost of their own appraiser and equally pro rate the cost of the umpire . 6 . CIVIL AUTHORITY CLAUSE . Notwithstanding anything contained in this Insurance, property which is insured under this Insurance is also covered against the risk of damage or destruction by civil authority during a conflagration and for the purpose of retarding the same ; provided that neither such conflagration nor such damage or destruction is caused or contributed to by war, invasion , revolution , rebellion , insurrection or other hostilities or warlike operations . 7 . ORDINANCE DEFICIENCY CLAUSE . Notwithstanding anything contained herein to the contrary, the Company shall be liable also for the loss occasioned by the enforcement of any state or municipal law, ordinance or code , which necessitates , in repairing or rebuilding , replacement of material to meet the minimum requirements of such law, ordinance or code . If demolition is required to comply with such enforcement, Company shall also be liable for such additional costs . General Conditions 1 . PREMIUM PROVISION See Declarations Page . 2 . SALVAGE AND RECOVERY CLAUSE All Salvages , recoveries and payments recovered or received subsequent to a loss settlement under this Insurance shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto . 3 . INSPECTIONS , AUDIT AND VERIFICATION OF VALUES The Company or their duly authorized representatives shall be permitted at all reasonable times during continuance of this Insurance to inspect the premises used by the Insured and to examine the Insured's books or records so far as they relate to coverage afforded by this Insurance . Name of Insured : Colorado Counties Casualty and Property Pool Page 7 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 4. RECORDS It is hereby understood and agreed that the records and books as kept by the Insured shall be acceptable to Company in determining the amount of loss or damage covered hereunder. 5. DUE DILIGENCE CLAUSE The Insured shall use due diligence and do and concur in doing all things reasonably practicable to avoid or diminish any loss of or damage to the property herein insured . 6. CURRENCY The premium and losses under this Insurance are payable in United States currency. Payment of premium shall be made to Arthur J. Gallagher Risk Management Services, Inc. 7 . BANKRUPTCY AND INSOLVENCY In the event of the bankruptcy or insolvency of the Insured or any entity comprising the Insured , the Company shall not be relieved of the payment of any claims hereunder because of such bankruptcy or insolvency. 8. OTHER INSURANCE If the Insured has other Insurance against loss covered by this Insurance the Company shall be liable , under the terms of this Insurance , only as excess of coverage provided by such other Insurance and no monies payable or collectable from such other insurance shall accrue in the aggregate loss fund of this Insurance . 9. MORTGAGE CLAUSE The interest of any mortgagor on property covered hereunder is included as if a separate endorsement were attached hereto to the extent of the amount of mortgage as of the date of loss subject to the limits of liability set forth in this Insurance . 10. CLAIMS The Insured shall as soon as practicable notify the Company through County Technical Services, Inc. Claims Management Department of any Occurrence , the cost of which is likely to result in payment by the Company under this Insurance . The Company shall have the opportunity to be associated with the Insured in defense of any claims , suits , or proceedings relative to an Occurrence ; wherein , the opinion of the Company, their liability under this Insurance is likely to be involved , in which case the Insured and Underwriters shall cooperate to the mutual advantage of both . 11 . NOTICE OF LOSS The Insured through County Technical Services, Inc. Claims Management Department shall as soon as practicable report to this Company or its agent every loss or damage which may become a claim under this Policy and shall also file with the Company or its agents within ninety (90) days from date of loss a detailed sworn proof of loss . Failure by the Insured or County Technical Services , Inc. to report the said loss or damage and to file such proof of loss as required herein shall not invalidate any claim under this Policy for such loss except if and to the extent that the Company can prove that it was actually prejudiced by any unreasonable delay in reporting loss or damage. 12. EXAMINIATION UNDER OATH The Insured shall submit, and so far as is within his/her or their power shall cause all other persons interested in the property and members of the household and employees to submit, to examinations under oath by any persons named by the Company, relative to any and all matters in connection with a claim and subscribe the same and shall produce for examination all books of account, bills , invoices and other vouchers or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the Company or its representatives and shall permit extracts and copies thereof to be made . Name of Insured : Colorado Counties Casualty and Property Pool Page 8 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 13 . SETTLEMENT OF LOSS All adjusted claims shall be paid or made good to the Insured through County Technical Services, Inc. within sixty (60) days after presentation and acceptance of satisfactory proof if interest and loss at the office of this Company. No loss shall be paid hereunder if the Insured has collected the same from others . 14 . LOSS PAYMENTS When it has been determined that Company are liable under this Insurance , Company shall thereafter promptly reimburse County Technical Services, Inc. for all payments made in excess of the amounted . stated in the Limits Agreement. All adjusted claims shall be paid or made good within thirty (30) days after their presentation by County Technical Services , Inc. Claims Management Department and acceptance by the Company of satisfactory proof of interest and loss . 15 . NO BENEFIT TO BAILEE This insurance shall in no wise inure directly or indirectly to the benefit of any carrier or other bailee . 16 . LITIGATION PROCEEDINGS No suit to recover on account of loss under this insurance shall be brought until ninety days after the proof of loss shall have been furnished , nor at all unless commenced within twenty seven months from the date upon which loss occurred , if such loss is within the knowledge of the Insured ; if not, the twenty-seven months shall begin upon notice to the Insured to such loss or claim 17 . SUBROGATION The Company shall be subrogated to all rights which the Insured may have against any person or other entity in respect to any claim or payment made under this Insurance , and the Insured shall execute all papers required by the Company and shall cooperate with the Company to secure Underwriter's rights . IN case any reimbursement obtained or recovery made by the Insured or the Company on account of any loss covered by this Insurance, the net amount of such reimbursement or recovery, after deducting the actual cost of obtaining or making the same, shall be first applied in the following order: a . Amount of loss which exceeds the applicable limit of liability. b . To reduce the Company' loss until the Company are fully reimbursed . c. To reduce the Insured's loss because of the application of the aggregate loss fund . 18 . WAIVER OF SUBROGATION This Insurance shall not be invalidated if the Insured by written agreement has waived or shall waive its right of recovery from any party for loss or damage covered hereunder; provided , that any such waiver is made prior to the occurrence of said loss or damage . 19 . CONFLICTING STATUTES In the event that any provision of this Insurance is unenforceable by the Insured under the laws of any state or other jurisdiction wherein it is claimed that the Insured is liable for any injury covered hereby because of non-compliance with any statute thereof, then this policy shall be enforceable for the Insured with the same effect as if it complied with such statues . Name of Insured : Colorado Counties Casualty and Property Pool Page 9 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 20. ASSIGNMENT Assignment of interest under this Insurance shall not bind the Company until the Company' consent is endorsed hereon . 21 . PAIR, SET OR PARTS It is understood and agreed that, in the event of loss of or damage to any article or articles which are part of a set, the measure of loss of or damage to such article shall be a reasonable and fair proportion of the total value of the set, giving consideration to the importance of said article or articles ; but in no event shall such loss or damage be construed to mean total loss of set. In case of loss or injury to any part of the insured property consisting , when complete for sale or use, of several parts , this Company shall only be liable for the insured value of the part lost or damaged . 22. PROTECTION AND PRESERVATION OF PROPERTY In case of actual or imminent physical loss or damage of the type insured against by this policy, the expenses incurred by the insured in taking reasonable and necessary actions for the temporary protection and preservation of property insured hereunder shall be covered by this policy. The Underwriters' proportion of such expenses shall be limited to the extent they were incurred with the intent to reduce loss or damage which could otherwise have been payable under this policy. Any recovery hereunder shall be subject to the applicable deductible and shall be included in and not additional to the limit of this policy. 23. SUIT No suit, action or proceeding for the recovery of any claim under the Policy shall be sustainable in any court of law or equity unless the same is commenced within twelve ( 12 ) months after discovery by the Insured of the occurrence which gives rise to the claim . Provided , however, that if by the laws of the State within which this Policy is issued such limitation is invalid , then any such claims shall be void unless such action , suit or proceeding be commenced within the shortest limit of time permitted by the laws of such State to be fixed herein . 24. APPRAISAL If the insured and the Company fail to agree as to the amount of loss , each shall , on the written demand of either, made within sixty days after receipt of proof of loss by the Company, select a competent and disinterested appraiser, and the appraisal shall be made at a reasonable time and place . The appraisers shall first select a competent and disinterested umpire , and failing for fifteen days to agree upon such umpire, then , on the request of the Insured or the Company, such umpire shall be selected by a judge a court of record in the state in which such appraisal is pending . The appraisers shall then appraise ht the loss , stating separately the actual cash value at the time of loss and the amount of loss, and failing to agree shall submit the differences to the umpire . An award in writing of any two shall determine the amount of toss . The Insured and the Company shall each pay his/her or its chosen appraiser and shall bear equally the other expenses of the appraisal and umpire . The Company shall not be held to have waived any of its rights by any act relating to the appraisal . 25. CANCELLATION This Policy may be cancelled by the Insured by mailing to the Company written notice stating when thereafter such cancellation shall be effective . This Policy may be canceled by the Company by mailing to the Insured at the address shown in this Policy or last known address written notice stating when no fewer than (90) ninety days ( 10 days for nonpayment of premium ) thereafter such cancellation shall be effective. The mailing of notice as aforesaid shall be sufficient proof of notice , and the effective date of cancellation stated in the notice shall become the end of the policy period . Delivery of such written notice either by the Insured or by the Company shall be equivalent to mailing . If this insurance shall be cancelled by the Insured , the Company shall retain the customary short rate proportion of the premium hereon , except that if this Insurance is on a adjustable basis the Company shall receive the earned premium hereon or the customary short rate proportion of any minimum premium stipulated herein whichever is greater. If this Insurance shall be cancelled by or on behalf of the Company, the Company shall retain the pro rata proportion of the premium hereon ; except that if this insurance is on an adjustable basis , the Company shall receive the earned premium hereon or the pro rata proportion of any minimum premium stipulated herein whichever is the greater. Name of Insured : Colorado Counties Casualty and Property Pool Page 10 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of Cancellation by such payment shall be made as soon as practicable . If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. Subject otherwise to all terms, clauses and conditions heretofore . 26. CHANGES By acceptance of this Insurance , the Insured agrees that it embodies all agreements existing between the Insured and Company or any of its agents relating to this Insurance . None of the provisions , conditions or other terms of this Insurance shall be waived or altered except by endorsement; nor shall notice to any agent or knowledge possessed by any agent or by any other person be held to effect a waiver or change in any part of this insurance . 27. FRAUDULENT CLAIMS If the Insured shall make any claim knowing the same to be false or fraudulent, as regards amount or otherwise, this Insurance shall become void and all claim hereunder shall be forfeited . 28. MISREPRESENTATION OR FRAUD This policy shall be void if the Insured has concealed or misrepresented any material fact or circumstances concerning this insurance or the subject thereof in case of any fraud , attempted fraud or false swearing by the insured touching any matter relating to this insurance or subject thereof, before or after loss . Earth Movement Coverage Earth Movement means: • Any earth movement, other than sinkhole collapse, such as earthquake, landslide , mine subsidence or earth sinking , rising or shifting including that caused by subsidence, settling , contraction , or expansion of soils . • Eruption , explosion , or effusion of a volcano other than volcanic action . If more than one earth movement or volcanic eruption occurs within any 72 hour period , we'll consider this one occurrence . The 72 hour period will not be shortened by the expiration of the policy. The limit shown in the Coverage Agreement Section under Ultimate Net Loss for earthquake is the most this Company will pay for all direct loss or damage caused by a single Earth Movement. Flood Coverage Flood , mudslide or mudflow, and surface water are covered perils . Flood means waves , tides or tidal water, the rising of bodies of water and streams , or the overflowing or breaking of their boundaries , whether driven by wind or not. Surface water means water which accumulates or flows on the surface of the ground , and is created by natural causes such as rain , melted snow, or rising springs , but which follows no defined watercourse and does not gather into or from a natural body of water. The Company is not liable for more than the limits shown in the Coverage Agreement, Ultimate Net Loss section of the Policy. . Name of Insured : Colorado Counties Casualty and Property Pool Page 11 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 Transit Extension Insuring Clause This insurance is hereby extended to cover Personal property of the Insured or property held by the Insured in trust or on commission or on consignment for which the insured may be held legally liable while in due course of transit within the limits of the Continental the 50 states comprising the United States of America (excluding Hawaii ) and the District of Columbia , against All Risks of Direct Physical Loss or Damage to the property insured occurring during the period of this policy (including general average and salvage charges on shipments covered while waterborne ) . Perils Excluded This extension does not insure against: 1 . Loss or damage to personal property resulting from : shrinkage , evaporation , loss of weight, leakage of glass or other fragile articles , marring , scratching , exposure to light, or change in color, texture or flavor, unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike , riot or civil commotion , aircraft, vehicles , breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 2 . Loss of use , delay or loss of markets. 3 . Loss or damage caused by or resulting from moth , vermin , termites , or other insects , inherent vice , latent defect, wear, tear or gradual deterioration ; contamination ; rust, wet or dry rot, mold , dampness of atmosphere , smog or extremes of temperature . 4 . Loss or damage caused by or resulting from misappropriation , conversion , infidelity or any dishonest act on the part of the Insured or other party of interest, his or their employees or agents to others whom the property may be delivered or entrusted (carriers for hire excepted ). 5 . Loss or damage to the property insured occasioned by war, invasion , hostilities acts of foreign enemies, civil war, rebellion , insurrection , military or usurped power or martial law or confiscation by order of any government or public authority. 6. Loss or damage arising directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination however such nuclear reaction , nuclear radiation or radioactive contamination may have been caused . Nevertheless, if a fire arises directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination , any loss or damage arising directly from that fire shall (subject to the provisions of this policy) be covered excluding , however, all loss or damage caused by nuclear reaction , nuclear radiation or radioactive contamination arising directly or indirectly from that fire. 7 . Loss or damage caused by breakdown or derangement of refrigerating units . Property Excluded This extension does not cover: 1 . Aircraft, watercraft, vehicles designed for highway use , animals , jewelry, precious stones and furs or garments trimmed with fur. 2 . Currency, money, notes , securities , deeds , and evidences of debt 3 . Property in due course of ocean marine transit. 4 . Shipments by mail after delivery into the custody of the Post Office Department. 5 . Samples while in the care , custody or control of salesmen . Name of Insured : Colorado Counties Casualty and Property Pool Page 12 of 14 Policy Term : January 1 , 2022 to January 1 , 2023 Conditions 1 . The Insured may accept without prejudice to this insurance the ordinary bills of lading or receipts issued by carriers including those containing released and/or partially released value provisions , but the Insured shall not enter into any special agreements with carriers releasing them from their common law or statutory liability. 2 . Property insured hereunder shall be valued as follows : a . Sold property at the actual net invoice price of the Insured . b . Unsold property at the actual cash value of the property at the time any loss or damage occurs with property deduction for depreciation and in no event to exceed what it would cost to repair or replace the property with material of like kind and quality. Extra Expense Coverage It is agreed that if the property covered under Insuring Agreement A is damaged or destroyed by perils insured against during the period of this Insurance so as to necessitate the incurrence of Extra Expense (as defined below) the Company shall be liable for the Extra Expense so incurred , not exceeding the actual loss sustained , for not exceeding such length of time , hereinafter referred to as the "period of restoration". It is further agreed that this extension of coverage shall not operate to increase the Company limits of liability hereunder. Definitions : A. Extra Expense : The term " Extra Expense" means the excess (if any) of the total cost incurred during the period of restoration chargeable to the operation of the Insured's business , over and above the total cost that would normally have been incurred to conduct the business during the same period had no damage or destruction occurred . B. Normal : The term "normal" wherever used herein shall mean ; the condition that would have existed had no loss occurred . C . Period of Restoration : The term " Period of Restoration" means such length of time commencing with the date of damage and not limited by the date of expiration of this policy, as would be required with the exercise of due diligence and dispatch to repair, rebuild or replace such part of the Insured's property as has been damaged or destroyed . Conditions : A. Resumption of Operations : It is a condition of this Insurance that as soon as practicable , the Insured shall resume normal operations of the business and shall dispense with such extra expense . B. Interruption by Civil Authority : Liability hereunder is extended to include actual loss as covered hereunder, sustained during the period of time , not exceeding two weeks, when as a direct result of physical loss or damage by a peril insured against within one mile of the insured premises , access to the premises in which the property described is located is prohibited by order of civil authority. Exclusions : In addition to the General Exclusions of this Insurance , Company shall not be liable for Extra Expense resulting from : A. The suspension , lapse or cancellation of any lease , license , contract or order beyond the period of restoration ; B . Interference at premises by strikers or other persons with rebuilding , repairing or replacing the property damages or destroyed or with the resumption or continuation of business ; C. Enforcement of any local or state ordinance or law regulating construction , repair or demolition of buildings or structures ; Name of Insured : Colorado Counties Casualty and Property Pool Page 13 of 14 Policy Term : January 1 , 2021 to January 1 , 2022 Further, the Company shall not be liable for: A. More than the amount set forth in the limits of liability; B . Loss of income; C. The cost of repairing or replacing any of the real or personal property covered hereunder, or the cost of research or other expense necessary to replace or restore damage or destroyed books of account, abstracts, drawings , card index systems or other records (including film , tape , disc, drum , cell or other magnetic recording or storage media for electronic data processing ), that have been damaged or destroyed by the perils insured against, except cost in excess of the normal cost of such repair, replacement or restoration necessarily incurred for the purpose of reducing loss under this policy. In no event shall such excess cost exceed the amount by which the total extra expense loss otherwise payable under this policy is thereby reduced . D . Loss resulting from theft of any property which at the time of loss is not an integral part of a building or structure (except direct loss by pillage and looting occurring during and at the immediate place of a riot or civil commotion ), unless loss by a peril not excluded in this policy ensues from theft or attempted theft, and then the Company shall be liable for only such ensuing loss ; E . Any other consequential or remote loss . Pollution Cleanup and Removal Notwithstanding any conditions or terms contained elsewhere in this policy, coverage is extended to cover the cost to clean up and remove pollutants that are : 1 . In the land or water at an insured location provided the discharge, seepage , migration , release , escape or dispersal is a direct result of physical loss or damage by fire , lightning , explosion , windstorm , hail , leakage from fire protection equipment, smoke , vehicles and aircraft, riot, civil commotion , vandalism , sinkhole collapse , volcanic action , falling objects, weight of snow, ice or sleet, or water damage . For example : a fire damage at an insured location causes chemicals to run onto the ground and into a nearby river. This policy will pay to clean up the pollution that is in the land and water at the insured premises up to the limit of liability of this extension . This policy will not pay to clean up land or water away from an insured premises ; 2 . In the land or water away from an insured premises but only when pollution or contamination is caused by the collision , upset or overturn of a transporting vehicle which is owned , operated , rented , leased or borrowed by the Insured . Coverage is provided under the extension only if the following conditions are met: A. The cause of loss occurs during the policy period ; B . The pollution must occur at an insured location except as provided for in clause 2 . above . C . The clean-up and removal costs must be incurred and reported to the company within one hundred ( 180) days of either the date of direct physical loss or damage or the end of the policy period , whichever is earlier. Liability for loss under this extension shall not exceed $25 ,000 in any one occurrence or $25 , 000 in the aggregate for all such losses in any one policy year. However, these limits will apply separately to each County member listed as a Named Insured except $ 1 ,500 ,000 Aggregate applies to all County members. Name of Insured : Colorado Counties Casualty and Property Pool Page 14 of 14 Policy Term : January 1 , 2021 to January 1 , 2022 ENDORSEMENT A EXCESS CLAUSE 1 . EXCESS CLAUSE A. Coverage hereunder shall not apply until the amount of loss , damage or expense arising out of any one occurrence exceeds SEE ATTACHMENT CLAUSE plus the applicable portion of the primary policy deductible as set forth herein and any waiting period attributable to the perils and/or property and/or coverages insured hereunder. The amount of the applicable portion of the primary deductible referred to above shall be determined by the proportion that the amount of loss attributable to the perils and/or property and/or coverages insured against under this policy (without application of the excess provision ) bears to the total amount of loss multiplied by the amount of the applicable primary deductibles. In the event that the total amount of loss , damage , or expense attributable to the perils and/or property and/or coverage insured under the underlying insurance exceeds that amount at which this policy would normally attach , but due to the application of sublimits in the underlying policy(ies), the total loss , damage and expense payable by the underlying policy(ies) does not fully exhaust the underlying policy(ies) limit, then this policy shall drop down and be liable for the loss as covered under this policy in excess of the amount paid by the underlying policy(ies). B . In determining the amount of any loss , damage, or expense for which this policy is excess , the total loss for all coverages caused by any combination of perils , one or more of which is insured against under the primary policy, shall be used even though all such perils or coverages are not insured against under this excess policy. ( 1 ) Any recoveries made under the primary policy shall be considered as first applying to those perils and/or property and/or coverages not insured against by this policy. Upon exhaustion of the primary policy limits, this policy shall drop down and be liable for the loss in excess of the amount attributable to the primary policy as respects those perils and/or coverages and/or property insured hereunder subject to the limit of this policy. (2) If there is any other excess insurance covering the perils and/or property and/or coverages insured against in the primary policy, but not covered by this policy, this insurance shall then allocate any loss recoveries made under the primary policy in the same proportion as the amount of loss involving the property and/or coverages insured against by this policy bears to the combined total loss . Upon exhaustion of the primary policy limits , this policy shall drop down and be liable for the loss in excess of the amount attributed to the primary policy as respects those perils and/or property and/or coverages covered hereunder subject to the limit of this policy. (3) Paragraph two shall not apply, however, when the amount of loss attributed to the perils insured under the primary policy, but not covered under this policy, exceed the total amount of insurance provided by the primary and excess coverages with respect to said perils . In this situation any recoveries made under the primary policy shall first apply to those perils not insured by this policy. Upon exhaustion of the primary limits , this policy shall drop down and be liable for loss in excess of the amount attributed to the primary policy as respects those perils covered hereunder subject to the limit of this policy. (4) In the event the Insured is a contributing or self-insurer with respect to the perils and/or property and/or coverages otherwise insured in any underlying insurance and no policy is issued to define the extent of this contributing or self insurance , for the purposes of this Excess Clause, the Insured's contributing or self-insurance shall be deemed to be the same as either: (a) all other contributing insurance participating in the Insured's layer(s) ; or (b) all other contributing insurance participating in the layer below the Insured's layer where the Insured is entirely self insuring the layer. If the coverage provided by the policy(s) of the other contributing insurance company(s) is non- concurrent, then the contributing or self insurance provided by the Insured within the layer in question shall be deemed to be the same as the coverage provided by that contributing insurance company whose policy provides the least indemnity for the loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 C. In the event the annual aggregate limits provided for Flood and/or Earthquake are diminished or exhausted in any one policy year, the coverage provided under this policy shall respond as excess of the remaining limits as respects those perils insured under this policy. In such event, the applicable amount of the deductibles provision of the primary policy as set forth herein shall apply to the combination of all policies . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 ENDORSEMENT B NAMED INSURED ENDORSEMENT This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : NAMED INSURED ENDORSEMENT It is agreed that the Participating Member Counties named hereunder are included as Named Insureds : 1 Alamosa 26 Las Animas 2 Archuleta 27 Lincoln 3 Baca 28 Logan 4 Bent 29 Mineral 5 Chaffee 30 Moffat 6 Cheyenne 31 Montezuma 7 Clear Creek 32 Montrose 8 Conejos 33 Morgan 9 Crowley 34 Otero 10 Custer 35 Ouray 11 Delta 36 Park 12 Dolores 37 Phillips 13 Elbert 38 Prowers 14 Fremont 39 Pueblo 15 Garfield 40 Rio Blanco 16 Gilpin 41 Rio Grande 17 Grand 42 Routt 18 Gunnison 43 Saguache 19 Hinsdale 44 San Juan 20 Huerfano 45 San Miguel 21 Jackson 46 Sedgwick 22 Kiowa 47 Summit 23 Kit Carson 48 Teller 24 La Plata 49 Washington 25 Lake 50 Yuma ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 ENDORSEMENT C JOINT LOSS CLAUSE This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : It is agreed that the policy to which this endorsement is attached is hereby amended as follows : In the event the Insured suffers a loss of or damage to property at a location designated in this policy and also designated in an Equipment Breakdown Policy, and there is a disagreement between this company and the Equipment Breakdown Insurer with respect to : ( 1 ) whether the loss or damage was caused by an accident insured against by this policy or by a peril insured against by such Boiler insurance policy, or (2 ) the extent of participation of this policy and of such Boiler insurance policy in the loss or damage ; then , after agreement among the Insured , this company and the Equipment Breakdown Insurer as to the total amount of the loss or damage recoverable under both policies , this company will , upon written request of the Insured , pay to the Insured , in addition to that portion of the total recoverable loss or damage for which it admits liability: one-half ( 1 /2) of that portion of the total recoverable loss or damage which is in disagreement (but in no event more than the minimum amount remaining payable under either this policy or the Boiler insurance policy after making provision for undisputed payments) provided that the Equipment Breakdown Insurer shall simultaneously pay to the Insured the remaining one-half ( 1 /2) of that portion of the total recoverable loss or damage which is in disagreement. Such payment by this company and the acceptance of the same by the Insured signifies the agreement of the company to submit to and proceed with arbitration within 90 days of such payment in order to apportion the amount of total recoverable loss or damage which is in disagreement between this company and the Equipment Breakdown Insurer. The arbitrators shall be three in number, one of whom shall be appointed by this company, and the third appointed by consent of the other two. The decision by the arbitrators shall be binding on the parties. The Insured agrees to cooperate in furnishing information and technical data as may be required by this company in connection with such arbitration or any other method of apportionment upon which this company and the Equipment Breakdown Insurer may decide , but not to intervene therein . Except as otherwise expressly provided herein , this endorsement does not modify or waive any of the terms and conditions of this policy or affect in any way the rights of the Insured or the Company hereunder. This endorsement shall not apply unless the Equipment Breakdown Insurance Policy is similarly endorsed , and it may be cancelled by the Company on 90 days' written notice to the Insured . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 GENERAL AMENDATORY ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COLORADO COUNTIES CASUALTY AND PROPERTY POOL POLICY The following changes are hereby made to the policy, supersede any term , provision or endorsement to the contrary in this policy; and apply notwithstanding such term , provision or endorsement: In the Section entitled Excluded Property, the following are added : 8 . Air supported structures ; 9 . Watercraft; 10 . Evidence of debt; 11. Off-shore drilling rigs or platforms ; 12. Property sold under a conditional sale or trust agreement or under an installment plan after delivery to customers ; 13 . Railroad rolling stock; In the Section titled Excluded Perils , the following are added : 11 . Loss resulting from the actual , alleged or threatened presence , release , discharge , escape or dispersal of " pollutants or contaminants" , all whether direct or indirect, proximate or remote , or in whole or in part caused by, contributed to or aggravated by any physical damage insured by this policy. This exclusion does not apply to : (a) Ensuing loss or damage caused by or resulting from fire ; or (b) Loss or damage caused by or resulting from fire , lightning , aircraft impact, explosion , riot, civil commotion , smoke , vehicle impact, leakage from automatic fire protective systems or windstorm or hail . 12 . Loss resulting from change in color, flavor, texture or finish ; 13 . Indirect or remote loss or damage ; 14 . Loss resulting from insurrection , rebellion , revolution , civil war, usurped power, or action taken by governmental authority in hindering , combating , or defending against such an event ; Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 15 . Loss resulting from any dishonest or criminal act (including theft) by the Insured , or any of the Insured 's partners , members , officers , managers , employees (including temporary employees and leased workers) , directors , trustees or authorized representatives , whether acting alone or in collusion with each other or with any other party; or theft by any person to whom you entrust the property for any purpose , whether acting alone or in collusion with any other party. This exclusion : (a) applies whether or not an act occurs during your normal hours of operation ; and (b) does not apply to acts of destruction by your employees ( including temporary employees and leased workers) or authorized representatives ; but theft by the Insured 's employees ( including temporary employees and leased workers) or authorized representatives is not covered . 16 . Loss resulting from expropriation , seizure , appropriation , nationalization , willful destruction , condemnation , requisition , or sequestration by law, order or administrative action of any government (whether civil , military, or de facto) . This exclusion does not apply to loss or damage caused by or resulting from acts of destruction ordered by any government and done at the time of a fire to prevent its spread , if the fire would be insured under this policy. 17 . Loss resulting from nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination from any cause , all whether direct or indirect , controlled or uncontrolled , proximate or remote , or contributed to or aggravated by a peril insured herein . However, if fire not otherwise excluded results , the Company will be liable for direct physical loss or damage by such resulting fire but not including any loss or damage due to nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination . 18 . Loss resulting from hostile or warlike action in time of peace or war, including action in hindering , combating or defending against an actual , impending or expected attack by any: a. governmental or sovereign power (de jure or de facto) ; b. military, naval or air force ; or c. agent or authority of any party specified in sub-paragraphs a . and b . immediately above . Under Insuring Agreement, Section II . TERRITORY is deleted and replaced with the following : Coverage applies to property located within the United States of America , including its territories and possessions . The Company is not liable for more than the limits shown in the coverage summary. All other terms and conditions remain unchanged . Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 DEFINITION OF LOSS OCCURRENCE ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /112022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following definition is added to this policy; supersedes any other definition , express or implied , of the term " Loss Occurrence" in any term , provision or endorsement to this policy; and applies not withstanding such term , provision or endorsement: 1 . " Loss Occurrence" means the sum of all individual losses arising out of and directly caused by any one disaster, accident or loss or series of disasters , accidents or losses arising out of one event which occurs anywhere within the Coverage Territory. The duration and extent of any one Loss Occurrence will be limited to all individual losses sustained by the Insured occurring during any period of 72 consecutive hours arising out of and directly caused by the same event, except: A. As regards Windstorm (including Tier 1 Counties) , Hail or Tornado , including ensuing collapse and Water Damage : all individual losses sustained by the Insured occurring during any period of 96 consecutive hours arising out of and directly caused by the same event. B. As regards the peril of Flood : all individual losses sustained by the Insured occurring during any period of 168 consecutive hours arising out of and directly caused by the peril of flood . C. As regards the perils of riot , strike or civil commotion , vandalism and malicious mischief, including losses from all other perils covered hereunder following as a result of the aforesaid perils : all losses or series of losses occurring during any period of 72 consecutive hours arising out of and directly caused by the same event . The maximum duration of 72 consecutive hours may be extended in respect of individual losses which occur beyond such 72 consecutive hours during the continued occupation of the Insured 's premises by strikers , provided such occupation commenced during the aforesaid period . D. As regards the peril of Earth Movement, including losses from all other perils covered hereunder following as a result of Earth Movement : only those individual losses covered hereunder, which commence during the period of 168 consecutive hours , may be included in the Loss Occurrence . E. As regards the peril of freeze : only those individual losses directly caused by collapse , breakage of glass , water and/or liquid damage due to burst pipes tanks or pressure vessels ; damage to machinery or equipment, stock and/or work in progress due to freeze ; and/or individual losses arising directly out of the lack of supply of power, current , coolant and/or fuel due to frozen pipes and/or frozen feed lines may be included in the Loss Occurrence . Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 Except for those Loss Occurrences referred to in sub-paragraphs A. and B . above , the Insured may chose the date and time when such period of consecutive hours commences , provided that it is not earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising out of that disaster, accident or loss and provided that only one such period of consecutive hours will apply with respect to one event. However, as respects those Loss Occurrences referred to in sub-paragraphs A. and B . above , if the disaster, accident or loss occasioned by the event is of greater duration than the specified period of consecutive hours , then the Insured may divide that disaster, accident or loss into two or more Loss Occurrences , provided no two periods overlap and no individual loss is included in more than one such period and provided that no period commences earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising from that disaster, accident or loss . However, we shall not be liable hereunder for any loss or damage : a) Occurring before this policy becomes effective ; or b) Arising from an "occurrence" which is in progress at the time this policy becomes effective , even if such loss or damage occurs after this policy becomes effective ; or c) Occurring after the expiration of this policy, except loss or damage arising from an "occurrence" in progress at the time this policy expires . This provision in no way alters any Policy Limit of Liability or Sub-limit of Liability. All other terms and conditions remain unchanged . Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 ADDITIONAL POLICY CONDITIONS ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. It is understood and agreed that the following provisions supersede any term , condition , provision or endorsement found elsewhere in the coverage form that is in conflict herewith , and that the following provisions will apply notwithstanding any such contrary term , provision or endorsement. LENDERS AND MORTGAGEES The Lender Loss Payable clause , Mortgageholder clause , or any clause whereby a lender or mortgagee is granted rights and privileges under this Policy, if any, shall not apply to any lender or mortgagee unless such lender or mortgagee is identified by endorsement to this Policy prior to the date of loss . LAW IN FORCE AT TIME OF LOSS If the coverage form provides coverage for Demolition and Increased Cost of Construction , Ordinance or Law, or any other coverage for loss arising out of the enforcement of any law , this Policy shall only provide such coverage as respects a law, ordinance , or regulation that was in force at the time of loss . N O WAIVER Any Full Waiver clause , Waiver of Conditions clause , or any clause whereby the Company is deemed to waive , or whereby the coverage form purports to void or alter the force , effect or meaning of, the Company's forms or endorsements issued as part of this Policy is hereby deleted . S UIT AGAINST THE COMPANY N o suit , action , or proceeding for the recovery of any claim under this Policy will be sustainable in any court unless the Insured has fully complied with all the provisions of this Policy and legal action is started within twenty- four (24) consecutive calendar months after inception of the loss . If, under the applicable insurance laws , such 24-month limitation is invalid , then any such legal action must be started within the shortest limit of time permitted by such laws . LOSS PAYABLE Loss , if any, will be adjusted with and payable to the First Named Insured or as may be directed by the First Named Insured . Additional insured interests will also be included in loss payment as their interest may appear when named as additional named insured , lender, mortgagee and/or loss payee in endorsements to this Policy. ABANDONMENT There can be no abandonment of any property to the Company. Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 LIBERALIZATION Any liberalization clause found in the coverage form , or any clause of the coverage form whereby the terms and conditions of this Policy are deemed automatically revised in conformity with any change in the coverage form , is hereby deleted . All other terms and conditions remain unchanged . Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 NUCLEAR , BIOLOGICAL , CHEMICAL , RADIOLOGICAL EXCLUSION ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART The following exclusions are added to your Policy or Coverage Part. This insurance does not apply to : A. Loss or damage arising directly or indirectly from B . Loss or damage arising directly or indirectly from the n uclear detonation , reaction , nuclear radiation or dispersal , application or release of, or exposure to , radioactive contamination , all whether controlled or chemical , radiological , or biological materials or u ncontrolled , or due to any act or condition incident agents , all whether controlled or uncontrolled , or due to any of the foregoing , whether such loss be direct to any act or condition incident to any of the foregoing , or indirect, proximate or remote , or be in whole or in whether such loss be direct or indirect, proximate or part caused by , contributed to , or aggravated by , remote , or be in whole or in part caused by, contributed any physical loss or damage insured against by this to , or aggravated by, any physical loss or damage Policy or Coverage Part, however such nuclear insured against by this Policy or Coverage Part, detonation , reaction , nuclear radiation or radioactive however such dispersal , application , release or contamination may have been caused . This exposure may have been caused . exclusion replaces any other nuclear detonation , n uclear reaction , nuclear radiation or radioactive C . If this endorsement is attached to a Commercial Inland contamination exclusions found elsewhere in this Marine Policy or Coverage Part, the term loss or Policy. damage is changed to Loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 ASBESTOS MATERIAL EXCLUSION ( Named Peril Exception ) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following exclusion is added to this policy; supersedes any term , provision or endorsement to the contrary in this policy; and applies notwithstanding such term , provision or endorsement: A. This policy excludes loss or damage to asbestos , asbestos-containing product, or asbestos-containing material . B . This policy does not provide insurance against any loss , damage , cost, expense , fine or penalty resulting from or arising out of: 1. remediation of any kind , including but not limited to removal or modification , of any asbestos , asbestos- containing product, or asbestos-containing material from a building or structure of any kind , whether damaged or undamaged , and regardless of the reason such removal is undertaken , whether voluntary or compelled by government directive ; or 2. the demolition or increased cost of reconstruction of property, the repair of property, the removal of debris , or the loss of use of property when caused by, arising out of, or undertaken due to the enforcement of any law, regulation , rule or ordinance that in any manner regulates asbestos , asbestos-containing product, or asbestos-containing material , except to the extent that coverage is provided by the Demolition and Increased Cost of Construction Additional Coverage ; or 3 . any fault in the design , manufacture , or installation of asbestos , asbestos-containing product, or asbestos- containing material . C . Notwithstanding the exclusions set forth above , this Policy covers direct physical loss or damage to asbestos , asbestos-containing product, and asbestos-containing material which is physically incorporated into an insured building or structure , including the necessary costs to remove or remediate such damaged asbestos , but only when such damage occurring during the policy period is directly and solely caused by the following perils , and then only that part of such asbestos which incurs direct physical loss or damage : fire , lightning , explosion , windstorm , hail , smoke , aircraft or vehicle impact, riot or civil commotion , vandalism , malicious mischief or accidental discharge of fire protective equipment. All other terms and conditions remain unchanged . Page 1 of 1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 PERMISSION FOR EXCESS INSURANCE Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART In consideration of the rate and premium for which this policy is written , the following additional provisions are hereby made a part of this policy superseding any provisions to the contrary: 1 . EXCESS INSURANCE : Permission is hereby granted to purchase insurance in excess of the Limit of Liability stated in this policy. Such excess insurance shall not be considered other insurance for the purposes of the Other Insurance clause . 2 . SALVAGE AND RECOVERIES : This clause is amended to include the following : When , in connection with any loss hereunder, any salvage or recovery is received subsequent to the payment of such loss , the loss shall be figured on the basis on which it would have been settled had the amount of salvage or recovery been known at the time the loss was originally determined . Any amount thus found to be due either party from the other shall be paid promptly. The expense of all proceedings necessary to such recoveries shall be apportioned between the interests concerned in the ratio of their respective recoveries as finally settled . If there should be no recovery and proceedings are conducted solely by this Company, the expense thereof shall be borne by this Company. All other terms and conditions of the policy remain unchanged . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 PROPERTY CYBER AND DATA ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any: 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 .2 loss , damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement, restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act. 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back-up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident. 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process , use or operate any Computer System . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 9 Computer System means : 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet, wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 POLICYHOLDER NOTIFICATION NEWLY ACQUIRED OR CONSTRUCTED PROPERTY New location(s) added to this Policy may be subject to separate rating and/or may require a higher deductible(s) . Page 1 of 1 Name of Insured: Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 COLORADO FRAUD STATEMENT It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance within the department of regulatory agencies. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 IL P 001 01 04 U . S . TREASURY DEPARTMENT ' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents; • Front organizations; • Terrorists; • Terrorist organizations ; and • Narcotics traffickers; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http//www. treas . gov/ofac . In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Business Interruption Extension In consideration of the premium paid , and subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached , and also to the FOLLOWING ADDITIONAL CONDITIONS , EXCLUSIONS AND LIMITATIONS , this Policy is extended to cover loss resulting from necessary Interruption of Business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to the Property Insured . In the event of such Direct Physical Loss or Damage , the Underwriters shall be liable for the actual loss sustained by the Insured resulting directly from such necessary Interruption of Business , but not exceeding the reduction in Gross Earnings , as defined hereafter, less charges and expenses which are not necessary during the Interruption of Business , for a period not to exceed the lesser of: - a) such 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 damaged , or b) eighteen ( 18) calendar months , commencing with the date of such Direct Physical Loss or Damage and not limited by the expiration of this Policy. Extended Period of Indemnity: The period described above shall include such length of time , not to exceed one hundred and eighty ( 180) days , to restore the Insured 's business to the condition that would have existed had no Direct Physical Loss or Damage occurred commencing with the later of the following dates : i ) The date on which the liability of the Underwriters for Direct Physical Loss or Damage would otherwise terminate ; and ii ) The date on which the repair, rebuilding or replacement of such part of the property as has been destroyed or damaged is actually completed . Due consideration shall be given to the continuation of normal charges and expenses , including payroll expenses (but limited to ninety ( 90) days in respect of Ordinary Payroll ) , to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the Direct Physical Loss or Damage . CONDITIONS 1 . Direct Loss or Damage No claim shall be payable under this Extension unless and until a claim has been paid , or liability admitted , in respect of Direct Physical Loss or Damage to Property Insured under the Policy to which this Extension is attached and which gave rise to Interruption of Business . This Condition shall not apply if no such payment shall have been made , or liability admitted , solely owing to the operation of a Deductible in said Policy which excludes liability for losses below a specified amount. 3 . Resumption of Operations If the Insured could reduce the loss resulting from the Interruption of Business , a) by complete or partial resumption of operation of the property, and/or b) by making use of Merchandise , Stock ( Raw, In Process or Finished ) , or any other property at the Insured 's locations or elsewhere , Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 and/or c) by using or increasing operations elsewhere , then such possible reduction shall be taken into account in arriving at the amount of loss hereunder. 4 . Expenses to reduce Loss This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension (except expenses incurred to extinguish a fire) , and , in respect of manufacturing risks , such expense , in excess of Normal , as would necessarily be incurred in replacing any Finished Stock used by the Insured to reduce loss under this Extension ; but in no event to exceed the amount by which loss under this Extension is thereby reduced . Such expenses shall not be subject to the application of any contribution clause . EXCLUSIONS This Extension does not insure against: - 1 . increase in loss resulting from interference at the insured premises , by strikers or other persons , with rebuilding , repairing or replacing the property or with the resumption or continuation of operation ; 2 . increase in loss caused by the suspension , lapse , or cancellation of any lease , licence , contract, or order, unless such results directly from the insured Interruption of Business , and then Underwriters shall be liable for only such loss as affects the Insured's earnings during , and limited to , the period of indemnity covered under this Policy; 3 . increase in loss caused by the enforcement of any ordinance or law regulating the use , reconstruction , repair or demolition of any property insured hereunder; 4 . loss of market or any other consequential loss . LIMITATIONS 1 . The Underwriters shall not be liable for more than the smaller of either: - a ) any specific Business Interruption Sublimit stated in the Policy, or b ) the Policy Limit of Liability stated in the Policy, where such includes Business Interruption , if such is a combined limit , in respect of such loss , regardless of the number of locations suffering an interruption of business as a result of any one occurrence . 2 . With respect to loss resulting from damage to or destruction of media for, or programming records pertaining to , electronic data processing or electronically controlled equipment, by the perils insured against, the length of time for which the Underwriters shall be liable hereunder shall not exceed : - a) thirty (30) consecutive calendar days or the time required with exercise of due diligence and dispatch to reproduce the data thereon from duplicates or from originals of the previous generation , whichever is less ; or, b) the length of time that would be required to rebuild , repair or replace such other property herein described as has been damaged or destroyed , but not exceeding eighteen ( 18) calendar months , whichever is the greater length of time . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 DEFINITIONS 1 . Gross Earnings are for the assessment of premium and for adjustment in the event of loss defined as , The sum of:- a) total net sales value of production or sales of Merchandise , and b) other earnings derived from the operations of the business , less the cost of c) Raw Stock from which production is derived , d ) supplies consisting of materials consumed directly in the conversion of such Raw Stock into Finished Stock, or in supplying the services sold by the Insured , e) Merchandise sold including packaging materials therefor, f) materials and supplies consumed directly in supplying the service(s) sold by the Insured , g ) service(s) purchased from outsiders (not employees of the Insured ) for resale which do not continue under contract, h ) the difference between the cost of production and the nett selling price of Finished Stock which has been sold but not delivered . No other costs shall be deducted in determining Gross Earnings . In determining Gross Earnings due consideration shall be given to the experience of the business before the date of Direct Physical Loss or Damage and the probable experience thereafter had Direct Physical Loss or Damage not occurred . 2 . Raw Stock Material in the state in which the Insured receives it for conversion into Finished Stock. 3 . Stock in Process Raw Stock which has undergone any ageing , seasoning , mechanical or other process of manufacture at the Insured's premises but which has not become Finished Stock. 4 . Finished Stock Stock manufactured by the Insured which in the ordinary course of the Insured's business is ready for packing , shipment or sale . 5 . Merchandise Goods kept for sale by the Insured which are not the product of manufacturing operations conducted by the Insured . 6 . Normal The condition that would have existed had no Direct Physical Loss or Damage occurred . 7 . Ordinary Payroll Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 The entire payroll expense for all employees of the Insured except officers , executives , department managers , and other employees under contract. LMA5039 (Amended ) 14/12/2005 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 DEBRIS REMOVAL ENDORSEMENT THIS ENDORSEMENT CONTAINS PROVISIONS WHICH MAY LIMIT OR PREVENT RECOVERY UNDER THIS POLICY FOR LOSS WHERE COSTS OR EXPENSES FOR DEBRIS REMOVAL ARE INCURRED . Nothing contained in this Endorsement shall override any Seepage and/or Pollution and/or Contamination Exclusion or any Radioactive Contamination Exclusion or any other Exclusion applicable to this Policy. Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to or destruction of property, for which Underwriters hereon agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay ( hereinafter referred to as ' Damage or Destruction' ) , this Policy also insures , within the sum insured , subject to the limitations and method of calculation below, and to all the other terms and conditions of the Policy, costs or expenses ; (a) which are reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage or Destruction occurred , of debris which results from the Damage or Destruction ; and (b) of which the Assured becomes aware and advises the amount thereof to Underwriters hereon within one year of the commencement of such Damage or Destruction . 2 . In calculating the amount, if any, payable under this Policy for loss where costs or expenses for removal of debris are incurred by the Assured (subject to the limitations in paragraph 1 above) : (a) the maximum amount of such costs or expenses that can be included in the method of calculation set out in ( b) below shall be the greater of US$25 , 000 (twenty-five thousand dollars) or 10% (ten percent) of the amount of the Damage or Destruction from which such costs or expenses result; and (b) the amount of such costs or expenses as limited in (a) above shall be added to : (i ) the amount of the Damage or Destruction ; and (ii ) all other amounts of loss , which arise as a result of the same occurrence , and for which Underwriters hereon also agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay; and the resulting sum shall be the amount to which any deductible or underlying amount to which this Policy is subject and the limit (or applicable sub-limit) of this Policy, shall be applied . N MA2343 24/11 /1988 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 SANCTION LIMITATION AND EXCLUSION CLAUSE 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 , United Kingdom or United States of America . LMA3100 15 September 2010 WAR AND TERRORISM EXCLUSION ENDORSEMENT Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss ; ( 1 ) war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not) , civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power; or (2 ) any act of terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons , whether acting alone or on behalf of or in connection with any organisation (s) or government(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to ( 1 ) and/or (2 ) above . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. NMA2918 08/10/2001 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By: ALLIED WORLD ASSURANCE COMPANY ( U . S . ) , INC . PROPERTY MILLENNIUM ENDORSEMENT It is noted and agreed this policy is hereby amended as follows : A The Insurer will not pay for Damage or Consequential Loss directly or indirectly caused by, consisting of, or arising from , the failure of any computer, data processing equipment, media microchip , operating systems , microprocessors (computer chip ) , integrated circuit or similar device , or any computer software , whether the property of the Insured or not , and whether occurring before , during or after the year 2000 that results from the inability to : 1 correctly recognize any date as its true calendar date ; 2 capture , save , or retain , and/or correctly manipulate , interpret or process any data or information or command or instruction as a result of treating any date other than its true calendar date ; and/or 3 capture , save , retain or correctly process any data as a result of the operation of any command which has been programmed into any computer software , being a command which causes the loss of data or the inability to capture , save , retain or correctly process such data on or after any date . B It is further understood that the Insurer will not pay for the repair or modification of any part of an electronic data processing system or its related equipment, to correct deficiencies or features of logic or operation . C It is further understood that the Insurer will not pay for Damage or Consequential Loss arising from the failure , inadequacy, or malfunction of any advice , consultation , design , evaluation , inspection , installation , maintenance , repair or supervision done by the Insured or for the Insured or by or for others to determine , rectify or test, any potential or actual failure , malfunction or inadequacy described in A. above . Such Damage or Consequential Loss described in A, B , or C above , is excluded regardless of any other cause that contributed concurrently or in any other sequence . This endorsement shall not exclude subsequent Damage or Consequential Loss , not otherwise excluded , which itself results from a Defined Peril . Defined Peril shall mean fire , lightning , explosion aircraft or vehicle impact, falling objects , windstorm , hail , tornado , hurricane , cyclone , riot, strike , civil commotion , vandalism , malicious mischief, earthquake , volcano , tsunami , freeze or weight of snow. In consequence of all the foregoing the Annual Premium remains unaltered . All other terms , conditions and exclusions of this policy remain unchanged . PEN 0012 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ), INC . WAR RISK AND TERRORIST EXCLUSION It is hereby understood and agreed , that notwithstanding any other war risk or terrorist exclusion that may be in the policy or any clause limiting or attempting to limit the application of any endorsements to the policy, this policy is amended as follows : The policy does not cover loss or damage to property caused by, resulting from , contributed to or aggravated by any of the following perils , whether such loss or damage is accidental or intentional , intended or unintended , direct or indirect, proximate or remote or in whole or in part caused by, contributed to or aggravated by any perils insured by the policy: 1 war, hostile or warlike action in time of peace or war, whether or not declared , including action in hindering , combating or defending against an actual , impending or expected attack: (a) by government or sovereign power (de jure or de facto ) or by any authority maintaining or using military, naval or air forces ; or (b) by military, naval or air forces ; or (c) by an agent of any such government, power, authority or force . 2 any weapon of war employing atomic fission or radioactive force whether in time of peace or war, whether or not its discharge was accidental ; 3 insurrection , rebellion , revolution , civil war, usurped power, or action taken by government authority in hindering , combating , or defending against such an occurrence , seizure or destruction ; 4 any act of one or more persons , whether known or unknown and whether or not agents of a sovereign power, for Terrorist purposes ; 5 hijacking or any unlawful seizure or wrongful exercise or control of any mode of transportation , including but not limited to aircraft, watercraft, truck(s) , train (s) or automobile(s) , including any attempted seizure of control , made by any person or persons , for Terrorist purposes . Such loss or damage is excluded regardless of any other cause , event or intervention that contributes concurrently or in any sequence to the loss or damage . Terrorist purpose means the use or threatened use of any unlawful means , including the use of force or violence against any person (s) or property (ies) , for the actual or apparent purpose of intimidating , coercing , punishing or affecting society or some portion of society or government. All other terms , conditions and exclusions of the policy remain unchanged . PEN 0013 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ) , INC . POLLUTION , CONTAMINATION, DEBRIS REMOVAL EXCLUSION ENDORSEMENT 1 . Property Not Covered This policy does not cover land , land values or water. 2 . Pollution and Contamination Exclusion . This policy does not cover loss or damage caused by, resulting from , contributed to or made worse by actual , alleged or threatened release , discharge , escape or dispersal of CONTAMINANTS or POLLUTANTS , all whether direct or indirect, proximate or remote or in whole or in part caused by, contributed to or aggravated by any physical damage insured by this policy. Nevertheless , if fire is not excluded from this policy and a fire arises directly or indirectly from seepage or contamination or pollution , any loss or damage insured under this policy arising directly from that fire is insured , subject to the provisions of this policy. CONTAMINANTS OR POLLUTANTS means any solid , liquid , gaseous or thermal irritant or contaminant, including smoke , vapor, soot, fumes , acids , alkalis , chemicals and waste , which after its release can cause or threaten damage to human health or human welfare or causes or threatens damage , deterioration , loss of value , marketability or loss of use to property insured hereunder, including , but not limited to , bacteria , fungi , virus , or hazardous substances as listed in the Federal Water, Pollution Control Act, Clean Air Act, Resource Conservation and Recovery Act of 1976 , and Toxic Substances Control Act or as designated by the U . S . Environmental Protection Agency. Waste includes materials to be recycled , reconditioned or reclaimed . This exclusion shall not apply when loss or damage is directly caused by fire , lightning , aircraft Impact, explosion , riot, civil commotion , smoke , vehicle impact, windstorm , hail , vandalism , malicious mischief. This exclusion shall also not apply when loss or damage is directly caused by leakage or accidental discharge from automatic fire protective systems . 3 . Asbestos Exclusions This policy does not cover - a ) Asbestos , dioxin or polychlorinated biphenols (hereinafter all referred to as " Materials" ) removal from any good , product or structure unless the asbestos is itself damaged by fire , lightning , aircraft impact, explosion , riot , civil commotion , smoke , vehicle impact, windstorm or hail , vandalism , malicious mischief, leakage or accidental discharge from automatic fire protective system . b ) Demolition or increased cost of reconstruction , repair, debris removal or loss of use necessitated by the enforcement of any law or ordinance regulating such Materials ; PEN 0014 99 0609 1 C) Any governmental direction or request declaring that such Materials present in or part of or utilized on any undamaged portion of the insured's property can no longer be used for the purpose for which it was intended or installed and must be removed or modified . The coverage afforded does not apply to payment for the investigation or defense of any loss , damage or any cost , loss of use expense , fine or penalty or for any expense or claim or suit related to any of the above . 4 . Debris Removal Exclusion The Company will pay the expense within the sum insured to remove debris of insured property damaged or destroyed by an insured peril during the policy term . The Company will not pay the expense to : a ) Extract contaminants or pollutants from the debris ; or b ) Extract Contaminants or pollutants from land or water; or C) Remove , restore or replace contaminated or polluted land or water; or d ) Remove or transport any property or debris to a site for storage or decontamination required because the property or debris is affected by pollutants or contaminants , whether or not such removal , transport, or decontamination is required by law or regulation . It is a condition precedent to recovery under this extension that the Company shall have paid or agreed to pay for direct physical loss or damage to the property insured hereunder and that the Insured shall give written notice to the Company of intent to claim for cost of removal of debris or cost to clean up not later than 180 days after the date of such physical loss or damage . 5 . Authorities Exclusion Notwithstanding any of the provisions of this policy, the Company shall not be liable for loss , damage , costs , expenses , fines or penalties incurred or sustained by or imposed on the Insured at the order of any Government Agency, Court or other Authority arising from any cause whatsoever. PEN 0014 99 0609 2 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ), INC . MOLD / FUNGUS EXCLUSION In consideration of the premium charged , it is hereby understood and agreed that this policy is amended as follows . The Company shall not be liable for any loss or damage caused by, arising out of, contributed to , or resulting from fungus , mold (s) , mildew or yeast; or any spores or toxins created or produced by or emanating from such fungus , mold (s) , mildew or yeast; a) fungus includes , but is not limited to , any of the plants or organisms belonging to the major group fungi , lacking chlorophyll , and including mold (s) , rusts , mildews , smuts and mushrooms ; b) mold (s) includes , but is not limited to , any superficial growth produced on damp or decaying organic matter or on living organisms , and fungi that produce mold (s) ; c) spores means any dormant or reproductive body produced by or arising or emanating out of any fungus , mold (s) , mildew, plants , organisms or microorganisms , However, this exclusion shall not apply when the loss or damage is directly caused by a "Specified Covered Peril" and provided that such loss or damage is reported to the company within 12 months from the expiration date of the policy. "Specified Covered Peril" , as used above , means : fire , lightning , explosion , windstorm or hail , smoke , aircraft or vehicles , riot or civil commotion , vandalism , leakage from fire extinguishing systems , falling objects , weight of snow or ice or sleet, water damage . All other terms , conditions , definitions , exclusions , limitations and provisions of the Policy remain the same . PEN 0015 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ), INC . DATA CORRUPTION ENDORSEMENT It is noted and agreed that this policy is hereby amended as follows : The Insurer will not pay for Damage or Consequential loss directly or indirectly caused by, consisting of, or arising from : 1 . Any functioning or malfunctioning of the internet or similar facility, or of any intranet or private network or similar facility, 2 . Any corruption , destruction , distortion , erasure or other loss or damage to data , software , or any kind of programming or instruction set, 3 . Loss of use or functionality whether partial or entire of data , coding , program , software , any computer or computer system or other device dependent upon any microchip or embedded logic, and any ensuing liability or failure of the Insured to conduct business . This Endorsement shall not exclude subsequent damage or Consequential loss , not otherwise excluded , which itself results from a Defined Peril . Defined Peril shall mean : Fire , Lightning , Earthquake , Explosion , Falling Aircraft, Flood , Smoke , Vehicle Impact, Windstorm or Tempest. Such Damage or Consequential loss described in 1 , 2 , or 3 above is excluded regardless of any other cause that contributed concurrently or in any other sequence . All other terms , conditions and exclusions of this policy remain unchanged . PEN 0016 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ) , INC . Special Catastrophe Earned Premium Provision 1 . If this policy is canceled by the insured or if the amount of insurance on any Tier 1 location is reduced , and no coverage existed from June 1 to November 30 , the return premium is 90% of the pro-rata subject to any minimum earned premium stipulations in the policy. 2 . If coverage existed on any Tier 1 location at any time during the period from June 1 to November 30 , the amount of premium returned will be a percentage of the total premium determined as follows : Unearned Days Policy in Force Factor 1 - 180 20% 181 - 210 15% 211 - 240 10% 241 - 270 7 . 50% 271 - 300 5% 301 - 330 2 . 50% 331 - 365 0% 3 . If Tier 1 locations are added during the term of the policy, the rate will be calculated as 100% of the annual rate , less the Unearned Factor in Item 2 above . 4 . The provisions of this endorsement are in addition to and do not alter any minimum earned premium provisions in the policy or its attachments . 5 . All reference herein to "Tier I " , "Tier I Windstorm" or similar "Tier I " references , shall be defined as all locations situated within Tier I States or Counties or Parishes as specified below : Alabama : Baldwin , Mobile ; Florida : Entire State of Florida ; Georgia : Bryan , Camden , Chatham , Glynn , Liberty, McIntosh ; Louisiana : Cameron , Iberia , Jefferson , Lafourche , Orleans , Plaquemines , St . Mary, St . Bernard , St. Tammany, Terrebonne , Vermilion ; Mississippi : Hancock, Harrison , Jackson ; North Carolina : Beaufort, Bertie , Brunswick, Camden , Carteret, Chowan , Craven , Currituck, Dare , Hyde , New Hanover, Onslow, Pamlico , Pasquotank, Pender, Perquimans , Tyrrell , Washington ; South Carolina : Beaufort, Berkeley, Charleston , Colleton , Georgetown , Horry, Jasper; Texas : Aransas , Brazoria , Calhoun , Cameron , Chambers , Galveston , Harris , Jackson , Jefferson , Kenedy, Kleberg , Matagorda , Nueces , Orange , Refugio , San Patricio , Victoria , Willacy; PEN 0017 99 0609 Virginia : Accomack, Chesapeake , Essex, Gloucester, Hampton , Isle of Wight , James City, King George , Lancaster, Mathews , Middlesex , Newport News , Norfolk, Northampton , Northumberland , Poquoson , Portsmouth , Richmond , Stafford , Suffolk, Surry, Virginia Beach , Westmoreland , Williamsburg , York. All other terms , conditions and exclusions of the policy remain unchanged . PEN 0017 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ), INC . NEWLY ACQUIRED LOCATIONS LIMITATION It is understood and agreed that the addition of newly acquired locations within Tier I Wind Zones , as defined below, or within Zone A or V Flood areas, or within California Earthquake Zones A or B , is not permitted without prior written approval and pricing by Allied World Assurance Co . , ( U . S . ) Inc. All reference herein to "Tier I " , "Tier I Windstorm " or similar "Tier I " references , shall be defined as all locations situated within Tier I States or Counties or Parishes as specified below : Alabama : Baldwin , Mobile ; Florida : Entire State of Florida ; Georgia : Bryan , Camden , Chatham , Glynn , Liberty, McIntosh ; Louisiana : Cameron , Iberia , Jefferson , Lafourche , Orleans , Plaquemines , St. Mary, St. Bernard , St. Tammany, Terrebonne , Vermilion ; Mississippi : Hancock, Harrison , Jackson ; North Carolina : Beaufort, Bertie , Brunswick, Camden , Carteret, Chowan , Craven , Currituck, Dare , Hyde , New Hanover, Onslow, Pamlico , Pasquotank, Fender, Perquimans , Tyrrell , Washington ; South Carolina : Beaufort, Berkeley, Charleston , Colleton , Georgetown , Horry, Jasper; Texas : Aransas , Brazoria , Calhoun , Cameron , Chambers , Galveston , Harris , Jackson , Jefferson , Kenedy, Kleberg , Matagorda , Nueces , Orange , Refugio , San Patricio , Victoria , Willacy; Virginia : Accomack, Chesapeake , Essex, Gloucester, Hampton , Isle of Wight, James City, King George , Lancaster, Mathews , Middlesex , Newport News , Norfolk, Northampton , Northumberland , Poquoson , Portsmouth , Richmond , Stafford , Suffolk, Surry, Virginia Beach , Westmoreland , Williamsburg , York. PEN 0018 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ) , INC . Priority of Payments In the event of loss caused by or resulting from more than one peril , and/or interest the limit of liability of the primary coverage shall apply first to the perils and/or interest not insured by this policy and the remainder, if any, to the perils and/or interest insured hereunder. Upon exhaustion of the limit of liability of the primary coverage , this policy shall then be liable for the loss uncollected from the perils and/or interest insured hereunder, subject to the limit of liability and other terms and conditions specified herein . The Insured maintains the right to allocate and/or apply coverage for perils and/or interests , as insured in the primary and/or excess layers . PEN 0027 99 0609 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U . S . ) , INC . JOINT LOSS ADJUSTMENT AGREEMENT ENDORSEMENT In the event of damage to or destruction of property, at a location designated in this agreement and also designated in boiler insurance policies and there is disagreement between the insurers with respect to 1 . whether such damage or destruction was caused by a loss insured against by this policy or by a peril insured against by such boiler insurance policies , or 2 . the extent of participation of this agreement and of such boiler insurance policies in a loss which may be insured against, partially or wholly, by any or all of said policies . The Company shall , upon written request of the Insured , pay to the Insured one- half of the amount of the loss which is in disagreement, but in no event more than the Company would have paid if there had been no boiler insurance policies in effect, subject to the following conditions : 1 . The amount of the loss which is in disagreement is limited to the minimum amount remaining payable under either the boiler or fire policies after making provision for any undisputed claims payable under the said policies and after the amount of the loss is agreed upon by the Insured and the insurers ; 2 . The boiler insurers shall simultaneously pay to the Insured one-half of said amount which is in disagreement; 3 . The boiler insurers agree with the fire insurers to submit the questions in dispute to arbitration , the arbitrators , shall be three in number, one of whom shall be appointed by the boiler insurers and one of whom shall be appointed by the fire insurers and the third one of whom shall be appointed by consent of the other two , and the decision by the arbitrators shall be subject to appeal to the appropriate court or courts ; 4 . Acceptance by the Insured of sums paid pursuant to the provisions of this endorsement shall not operate to alter, waive , surrender or in any way affect the rights of the Insured against any of such insurers ; 5 . The provisions of this endorsement shall not apply unless such other policies issued by the boiler insurance companies are similarly endorsed ; PEN 0046 99 0609 1 6 . If the Company participates for an amount less than one hundred percent ( 100 % ) of the fire insurance applicable to a disputed loss as described above , then the Company shall be liable only for its pro-rata share of the fire insurers' portion of the amount of loss which is in disagreement as defined in this Joint Loss Adjustment Agreement. PEN 0046 99 0609 2 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No. : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By: ALLIED WORLD ASSURANCE COMPANY ( U . S . ), INC . CYBER EXCLUSION It is agreed that this policy is amended as follows : A. The following additional exclusion is added to this policy: This policy does not insure against any loss , damage , liability, cost or expense either directly or indirectly caused by, arising out of, contributed to , attributable to , or resulting from any of the following cyber incidents/events as set forth in the following provisions 1 . through 8 . below: 1 . Damage to or Loss of Data occurring on the Insured 's Computer Systems ; 2 . Computer Malicious Act on the Insured 's Computer Systems ; 3. Computer Malware on the Insured 's Computer Systems ; 4. a Human Error affecting the Insured 's Computer Systems ; 5. System Failure occurring on the Insured 's Computer Systems ; 6. a Defect of the Insured 's Computer Systems ; 7. a Cyber Extortion ; or 8. Cyber War. Such loss , damage , liability , cost or expense is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss , damage , liability, cost or expense , including any Specified Covered Peril/specified coverage peril . The cyber incidents/events excluded above apply to all coverages and sections of this policy. These exclusions apply whether or not the cyber incident/event results in widespread damage or affects a substantial area . B . The boldfaced , capitalized terms used in this Cyber Exclusion endorsement shall have the following meanings and the singular shall include the plural and vice versa : Computer Malicious Act means any wrongful act carried out through the use of Data , Computer Systems or Computer Networks . The term Computer Malicious Act shall also encompass a Denial of Service Attack. Computer Malware means any hostile or intrusive software , including computer viruses, spyware , computer worms , trojan horses , rootkits, ransomware, keyloggers, dialers , spyware, adware, malicious browser helper objects and rogue security software, designed to infiltrate and disrupt computer operations , gather sensitive information , or gain access to Computer Systems without consent. Computer Network means a group of Computer Systems and other computing hardware devices or network facilities connected via a form of communications technology, including the internet, intranet and virtual private networks (VPN ) , allowing the networked computing devices to exchange Data . Computer Systems means the information technology ( IT) , industrial process control or communications systems , as well as any other item or element of hardware including , but not limited to , information technology infrastructure , software or equipment that is designed to be used for the purpose of creating , accessing , processing , protecting , monitoring , storing , retrieving , displaying or transmitting Data . The term Computer Systems shall also include information technology devices PEN 010499 ( 10/ 19) Page 1 of3 such as laptops , external drives , CD-ROMs , DVD-ROMs , magnetic tapes, magnetic disks or USB sticks that are used in Data processing to record and store Data . Cyber Extortion means any unlawful and intentional use of a threat or series of threats by an extortionist against the Data on an Insured 's Computer Systems or against the Insured 's Computer Systems (including but not limited to a Denial of Service Attack) in order to extract a Cyber Extortion Ransom from the Insured by use of coercion . Cyber Extortion Ransom means anything of value , including money, or other property or services that the Insured is forced to pay or to provide to the extortionist or any other party. Cyber Terrorism means any disruptive act or series of disruptive acts or threat thereof of any person or group of persons , whether acting alone or on behalf of, or in connection with , any organization through the use of Computer Systems , to destruct, disrupt, subvert or make use of any Computer System , Computer Network, information technology infrastructure , the internet, the intranet, telecommunications and/or its content, committed for religious , ideological or political purposes including , but not limited to , the influencing of any government and/or to put the public or a section of the public in fear. Cyber War means any state of hostile conflict, whether declared or not, to resolve a matter of dispute between two or more states , nations , or political entities or organizations by using , wholly or partially , Computer Systems or the internet, to render non-functional , disrupt, subvert or make disruptive use of any Computer System , Computer Network, information technology infrastructure , the internet, the intranet, telecommunications and/or its content . Damage to or Loss of Data means any introduction , corruption , creation , modification , redirection , alteration or deletion of Data which , when stored or processed by a Computer System , may lead to an impaired , corrupted or abnormal functioning of the Computer Systems and/or the interruption or disruption of processing operations . Data means any information , irrespective of the way it is used or rendered including text, figures , voice , images or any machine readable data and including software or programs , which are being transmitted or are stored in a digital format outside the random access memory. For the avoidance of doubts the term Data shall not be considered as tangible property and shall not be covered under this policy. Denial of Service Attack means any malicious attack leading to a total or partial deprivation , disruption and/or unavailability of Computer Systems or Computer Networks being altered or rendered temporarily or permanently non-functional or otherwise unavailable to anticipated users of such Computer Systems or Computer Networks through the deluging and overloading of Computer Systems with an incoming stream of requests or Data . The term Denial of Service Attack includes a distributed denial of service attack in which a multitude of compromised systems are used to coordinate a simultaneous attack as well as both volumetric and application specific attacks . Defects means any fault, defect, malfunction , error or omission in design , plan , specification , material or programming on or of the Insured ' s Computer Systems . Employee means any natural person that performs services or provides labor in the service and on the premises of the Insured under an express or implied employment contract, under which the Insured has the right to control the details of work performance . The term Employee shall also include external staff hired by the Insured in order to provide information technology services working within the operational structure and under the functional authority of the Insured . Expert means any person with a high degree of skill in or knowledge of a certain subject , including but not limited to information technology specialists , lawyers , consultants or auditors . Human Error means any negligent or inadvertent information technology or operational technology (OT) operating error, including an error in the choice of software to be used , a set-up error or any improper information technology or operational technology operation carried out by an Employee of the Insured . PEN 0104 99 ( 10/19 ) Page 2 of 3 Insured 's Computer Systems means : 1 . any Computer Systems under the control and management of the Insured that are owned , licensed or hired by the Insured ; 2 . any Computer Systems under the control and management of the Outsourcing Provider that are owned , licensed or hired by the Outsourcing Provider or the Insured ; or 3 . any Computer Systems under the control and management of a customer or supplier of the Insured that are owned , licensed or hired by the customer or supplier of the Insured . The aforementioned term "supplier" shall also include any electricity, cable , satellite, global positioning system (GPS) signal generation , propagation or reception , telecommunication or internet provider. Outsourcing Provider means any information technology service provider that is assigned by the Insured by written contractor by written contracts ultimately authorized by the Insured to offer information technology services including Data or Computer System management , Data storage and Data processing , software maintenance and/or development for the benefit of or at the request of the Insured on a Computer System that is controlled and managed by the information technology service provider. System Failure means an unintentional or unplanned , wholly or partially, outage, reduction in functionality, availability or operation of a Computer System not directly caused by a physical damage . It is understood that to the extent any coverage may otherwise be provided under this policy and its endorsements , the provisions of this exclusion shall be applicable and shall supersede any such other provisions . All other terms and conditions remain unchanged . PEN 0104 99 ( 10/19) Page 3 of 3 This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By : ALLIED WORLD ASSURANCE COMPANY ( U .S . ) , INC . COMMUNICABLE DISEASE EXCLUSION Notwithstanding any other provision of this Policy to the contrary, this Policy does not insure loss of any kind , including but not limited to , any loss of income , loss of use , loss of access , extra expense or consequential loss , directly or indirectly caused by, resulting from , contributed to by, arising out of, attributable to or occurring concurrently or in any sequence with a "communicable disease" or the fear or threat (whether actual or perceived ) of a "communicable disease , including but not limited to : 1 . the cost to clean-up , detoxify, remove , monitor or test: a . for a "communicable disease" ; or b . any tangible or intangible property insured hereunder that is affected by such "communicable disease" ; 2 . damage , deterioration , loss of value , loss of access , loss of marketability, or loss of use of any tangible or intangible real or personal property directly or indirectly caused by, resulting from , contributed to by, arising out of or attributable to a "communicable disease" ; or 3 . any time element or business interruption losses , including any time element extensions of coverage such as interruption by civil or military authority directly or indirectly caused by, resulting from , contributed to by, arising out of or attributable to "communicable disease" . As used herein , "communicable disease" means any infectious or contagious agent or substance : 1 . Including , but not limited to , a virus , bacterium , parasite or other organism or any mutation thereof, whether deemed living or not, and the diseases caused by such ; and 2 . Regardless of the method of transmission , that can cause or threaten damage to human health or human welfare . All other terms and conditions remain unchanged . Page 1 of1 PEN 011199 (04/20 ) This endorsement, effective 12 : 01 AM : 01 /01 /2022 Forms a part of Policy No . : 0312- 1675- 1A Issued to : Colorado Counties Casualty and Property Pool By: ALLIED WORLD ASSURANCE COMPANY ( U . S . ) , INC . POLICYHOLDER DISCLOSURE STATEMENT UNDER THE TERRORISM RISK INSURANCE ACT The insured is hereby notified that under the federal Terrorism Risk Insurance Act, as amended , (the "Act" ) , the insured has a right to purchase insurance coverage for losses arising out of an Act of Terrorism , as defined in Section 102 ( 1 ) of the Act: The term "act of terrorism" means any act that is 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 of the United States in 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 insured should read the Act for a complete description of its coverage . The decision to certify or not to certify an event as an Act of Terrorism covered by this law is final and not subject to review. The insured should know that where coverage is provided by this policy for losses caused by a Certified Act of Terrorism may be partially reimbursed by the United States Government under a formula established by federal law. However, the insured 's policy may contain other exclusions that might affect coverage , such as an exclusion for nuclear events . Under the formula , the United States Government will generally reimburse 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 that must be met by the Company, and which deductible is based on a percentage of the Company's direct earned premiums for the year preceding the Certified Act of Terrorism . Be advised that the Terrorism Risk Insurance Act , as amended , contains a $ 100 billion cap on all losses resulting from Certified Acts of Terrorism . If aggregate insured losses attributable to Certified Acts of Terrorism exceed $ 100 billion in a calendar year the United States Government shall not make any payment for any portion of the amount of such loss that exceeds $ 100 billion . If aggregate insured losses attributable to Certified Acts of Terrorism exceed $ 100 billion in a calendar year and the Company has met its deductible under the Act, the Company shall not be liable for payment of any portion of the losses that exceeds $ 100 billion , and 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. Coverage for " insured losses" as defined in the Act is subject to the coverage terms , conditions, amounts and limits in this policy applicable to losses arising from events other than Certified Acts of Terrorism . The insured should know that under federal law, the insured is not required to purchase coverage for losses caused by Certified Acts of Terrorism . Unless the insured signs this form and returns it to the Company to indicate the insured 's rejection of Terrorism Coverage under the Federal Act, the insured will be covered for Terrorism as defined in the Act and the premium for that coverage is $ The insured hereby rejects coverage in accordance with the Act. Signature of Insured Print Name/Title Date PEN 0700 01 /15 Page 1 of 1 1.1:61 PLACEMENT SERVICES RPS Specialty Market Policy Notices for the Policy Holder and Retail Producer This form is NOT a part of the policy and does NOT amend policy wording , but is designed to be delivered when the policy is provided to the Policy Holder. When using "you" or "your" the form is addressing the Policy Holder; when using " Producer" it refers to the Retail Producing Entity and/or their production person ; RPS is used for Risk Placement Services , Inc. Assignment : This Policy or Certificate may not be assigned to another entity without the written consent of the Insurer. The policy wording should be reviewed carefully for this provision before any assignment attempt is made . Audits : If your insurance policy includes general liability, product liability and/or completed operations liability, your policy is subject to an audit on a Minimum and Deposit basis . Liability premiums are often calculated using estimated exposures for a future period of time , for example gross annual sales , payroll and subcontractor costs . At the end of your policy period , the company may audit the actual exposures for your policy period . If the exposures are higher than estimated , additional premium will be due . If the exposures are lower than estimated , and the premium already paid is a Minimum and Deposit premium then no premium adjustment will be made , and no return premium will be issued . The Producer should review any Audit Condition from the policy with you . The Producer is responsible for collecting any audit premiums due within 20 days of the billing , unless otherwise noted . Binding Coverage : Coverage can only be bound after a written request is received and acknowledged by RPS . Cancellation : The policy has specific cancellation provisions that should be reviewed , and may be subject to special endorsements based on the State regulations . Flat cancellations are not allowed . In order to cancel you need to make written request in advance of the requested date . The policy also contains provisions that establish minimum earned premiums , minimum and deposit premiums or fully earned premiums . Cancellation for non-payment of premium , including failure to pay outside financing , is generally considered to be at the request of the Insured and therefore subject to financial penalties as described in the policy. If a Notice of Cancellation is sent for non-payment , there may be a Service Fee ( not a premium ) required to effect a rescission of the Notice . The amount of the fee will typically be shown on the Notice , and must be paid by the party requesting the rescission . The policy may not continue if the Service Fee is not paid . Certificates of Insurance : You may request Certificates of Insurance from the Producer that placed your insurance policy. Such Certificates cannot contain wording contrary to the Policy Coverage as provided . Additional Insureds , often requested with Certificates of Insurance , generally require an Additional Premium , and can only be added after the Insurer knows of the insurable interest and accepts the entity as being added to the policy. Producers can access the RPS website to obtain many Certificates or make special coverage change requests via endorsement as needed to satisfy certain Certificate Holders , keeping in mind such additional coverages may require additional premium charges . Claims Reporting : Report all claims as soon as possible. The policy will define what constitutes a claim . The policy contains specific address , phone , or website information as to where and how to report a claim . Most Insurers maintain 24/7 service of such numbers . Your Producer may also assist you with filing a claim , and they have access to the RPS website https ://my. rpsins.com/claimsfnol and/or RPS claim reporting toll free number 1 -844-777-8323 to do so , however, you should review the claim reporting provision of the policy. If your policy is a "claims-made" policy, it is essential to understand what constitutes a claim from the language in the policy, and also know that all claims must be reported to the insurer as soon as possible . Both the policy and your broker can instruct you how and where to submit a claim . If a claim is reported after the time period specified in the policy, the insurer may deny coverage . Do not offer to compromise or settle any claim or demand without the insurer's prior agreement, or you will risk losing coverage . Coverage : This policy may not be as broad in scope as the policy it replaces nor as the coverage requested . This policy was issued to reflect the coverage as quoted by RPS to your Producer. Your Producer should review the entire contract of insurance with you . Endorsements : Additional coverage , changes or revisions are subject to acceptance of the Insurer and must be endorsed to the policy. The Producer has no authority to endorse or change the policy, but should submit in writing the requested changes to RPS who will work with the Insurer to effect endorsement's acceptability to the Insurer. Coverage is not in force until confirmed by RPS . RPS-159 (2020. 09) Page 1 of 2 IMTS PLACEMENT SERVICES Fees : Unless otherwise noted , all Fees are fully earned at the time of placement of this insurance and are not subject to pro-rata return if the policy is cancelled . Financing : Any premium financing is a contractual relationship between the Premium Finance Company ( PFC) and the Borrower. The Insurer, Agents , nor Brokers are parties to the Finance Agreement, and policy wording will not be amended to any contractual provisions therein . All such contracts must be set up showing the Insurer's Name c/o Risk Placement Services , Inc. , using the RPS branch address where the policy was placed . Once financed , it is the duty of the Producer to inform the PFC of any changes to the contract, additional or return premiums , and cancellation of the policy. Forms Signed & Returned : The policy may have been delivered with forms that require the signature of the Named Insured . Such forms should be signed and returned to the Producer immediately, so they can in turn provide them to RPS , who will post them to the Insurer files . Inspections : To keep coverage in force , an inspection may be required , and provisions for this are in the policy. Producer should review with the Policy Holder the need to arrange site appointments with inspectors , who may be vendors . Minimum Earned Premium : This quotation/policy may include a Minimum Earned Premium provision , expressed as a percentage and/or dollar amount. This means that if the insurance policy is cancelled by you for any reason , the company will retain no less than the Minimum Earned Premium . Example: The policy premium is $ 1 , 000 and the Minimum Earned Premium is 25%. The policy is an annual policy and is cancelled after 2 days of being in force. The company would retain at least 25% of the premium ($ 1 , 000 X 25 % = $250 and return no more than $ 750. Producer Not Agent: The Producer is a representative of the Policy Holder / Named Insured , and as such does not act as an Agent of the Insurer nor of RPS . Transportation Policies : Report all newly hired drivers as soon as possible . Report all newly acquired vehicles prior to putting them in service and/or on the road . RPS-159 (2020. 09) Page 2 of 2 Program Manager: Company : Starr Specialty Lines Insurance Agency , LLC Starr Surplus Lines Insurance Company 3353 Peachtree Road NE 399 Park Avenue Suite 1000 Placed by : 8th Floor Atlanta, GA 30326 Risk Placement Services , Inc. New York, NY 10022 Policy Number: SLSTPTY11557422 Renewing or in lieu of: SLSTPTY11390921 DECLARATIONS Insured : Colorado Counties Casualty and Producer: Risk Placement Services Property Pool Address : 800 Grant Street , Suite 400 Address : 2400 Lakeview Pkwy , suite 675 Denver, CO 80203 Alpharetta , GA 30009 Commission : 7 . 5% Policy Period : From January 1 , 2022 at 12 : 01 A . M . , to January 1 , 2023 at 12 : 01 A . M . Local Standard Time at the location of the property insured . To the extent that coverage in this policy replaces coverage in other policies terminating at noon standard time on the inception date of this policy , coverage under this policy shall not become effective until such other coverage has terminated . The insurance afforded is only with respect to the specific part and coverages therein , the full title of which is set forth below the caption " Form . " IN RETURN FOR THE PAYMENT OF THE PREMIUM , AND SUBJECT TO ALL THE TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY. PERILS INSURED COVERAGE FORMS & LIMIT OF LIABILITY PROVIDED ENDORSEMENTS AS PER ATTACHED AS PER ATTACHED SEE ATTACHED $5 , 000 , 000 per occurrence , that being 20% part of FORMS AND FORMS AND SCHEDULE OF $25 , 000 , 000 per occurrence excess of various ENDORSEMENTS ENDORSEMENTS FORMS AND deductibles . ENDORSEMENTS Premium : $ 624 , 000 . 00 CO Surplus Lines Tax : $ 18 , 720 . 00 Total Charges : $ 642 , 720 . 00 GROSS PREMIUMS : PROPERTYPREMIUM : $624 , 000 CERTIFIED TERRORISM PREMIUM : $0 . 00 NON- CERTIFIED TERRORISM PREMIUM : $0 . 00 TOTAL PREMIUM : $624 , 000 To Report a Loss • Dial toll-free #1 (844) 777- 8323 or visit our • Website : https : //my. rpsins . com/claimsfnol • Contact Insurer directly (see policy section ) This Declaration and attached Form (s) , with Policy Standard Conditions and Endorsements , if any , issued to form a pad therof, completes the above numbered policy . The Company shall have no duty to defend or investigate any claim or suit unless and until all limits of all underlying insurance policies have been exhasusted by payment of judgements , claims or settlements . If any underlying insurance policy has no duty to pay a claim for injury or damage for a reason other than exhaustion of an aggregate limit of insurance , then Company shall have no obligation to make any payment under this policy . Any taxes imposed by virtue of this policy being written by an unauthorized insurer are the responsibility of the insured and a licensed producer. 6 / COci a � N SIM) 2 / 1 / 2022 Authorized Agent Date - te. ectogenty. (ece_.,. .„,1 i _ l III :SI'S_General Counsel President THIS CONTRACT IS DELIVERED AS SURPLUS LINES INSURANCE UNDER THE 'NONADMITTED INSURANCE ACT . THE INSURER ISSUING THIS CONTRACT IS NOT ADMITTED IN COLORADO BUT IS AN ELIGIBLE NONADMITTED INSURER . THERE IS NO PROTECTION UNDER THE PROVISIONS OF THE 'COLORADO INSURANCE GUARANTY ASSOCIATION ACT Joel D . Cavaness SCHEDULE OF FORMS AND ENDORSEMENTS Named Insured Colorado Counties Casualty and Property Pool Policy Period 1/1/2022 to 1/1/2023 Form/Endorsement Description Pages Declarations Page Stan Surplus Lines Insurance Company Declarations Page 1 of 2 Security Page Policy Security Page 1 of 1 Policyholder Notices State Notices / Notice to Insured 1 of 1 OFAC Notice US Office of Foreign Asset' s Control (OFAC) Advisory Notice to Policyholder 1 of 1 Policy Form Manuscript Policy Form Colorado Counties Casualty and Property Pool. 7 of 7 Endorsement A Excess Clause 2 of 2 Endorsement B Named Insured Endorsement 1 of 1 Endorsement C Joint Loss Clause 1 of 1 Endorsement 1 General Amendatory Endorsement 2 of 2 Endorsement 2 Definition of Loss Occurrence Endorsement 2 of 2 Endorsement 3 Additional Policy Conditions Endorsement 2 of 2 Endorsement 4 Nuclear, Biological, Chemical, Radiological Exclusion Endorsement 1 of 1 Endorsement 5 Asbestos Material Exclusion 1 of 1 Endorsement 6 Permission for Excess Insurance 1 of 1 Endorsement 7 Property Cyber and Data Endorsement 2 of 2 Endorsement 8 Application of Sublimits 1 of 1 Endorsement 9 Asbestos Exclusion 1 of 1 Endorsement 10 Authorities Endorsement 1 of 1 Endorsement 11 Biological, Chemical or Nuclear Exclusion 1 of 1 Endorsement 12 Certificates of Insurance Endorsement 1 of 1 Endorsement 13 Conununicable Disease Exclusion — Stan 4 .20 1 of 1 Endorsement 14 Electronic Data Endorsement A — NMA2914 1 of 1 Endorsement 15 Millennium Endorsement 1 of 1 Endorsement 16 Mold Exclusion 1 of 1 Endorsement 17 Occurrence Limit of Liability Endorsement 1 of 1 Endorsement 18 Political Risk Exclusion 1 of 1 Endorsement 19 Radioactive Contamination Exclusion Clause 1 of 1 Endorsement 20 Service of Process Clause 1 of 1 Endorsement 21 Trade or Economic Sanctions Endorsement 1 of 1 Endorsement 22 Terrorism Exclusion (For Certified Acts of Terrorism Under the Terrorism Risk 1 of 1 Insurance Act, As Amended), Form #61330 1 of 1 Endorsement 23 Total Terrorism Exclusion, Form #61331 1 of 1 Endorsement 24 War and Terrorism Exclusion Endorsement, Form NMA2918 1 of 1 Endorsement 25 War and Terrorism Exclusion Endorsement, Form NMA2919 1 of 1 Claims Notice Notice in Case of Loss 1 of 1 Page 1of1 SECURITY PAGE The insurance companies named herein, each for itself, severally but not jointly, do obligate themselves under the terms of this policy to the extent of the percentage set opposite their names . Companies Percent Assumed Starr Surplus Lines Insurance Company : 100% POLICYHOLDER NOTICE SSPN -016 ( 0520 ) Starr Surplus Lines Insurance Company NOTICE TO TEXAS POLICYHOLDER COMPLAINT PROCEDURES Have a complaint or need help ? If you have a problem with a claim or your premium , call your insurance company first . If you can 't work out the issue , the Texas Department of Insurance may be able to help . Even if you file a complaint with the Texas Department of Insurance , you should also file a complaint or appeal through your insurance company . If you don 't , you may lose your right to appeal . Starr Surplus Lines Insurance Company To get information or file a complaint with your insurance company : Call : Starr Surplus Lines Insurance Company Toll -Free : 1 -866 -519-2522 Email : CustomerService@starrcompanies . com Mail : Attn Legal Department , 399 Park Avenue , New York , NY 10022 The Texas Department of Insurance To get help with an insurance question or file a complaint with the state : Call with a question : 1 - 800 - 252- 3439 File a complaint : www . tdi . texas . gov Email : ConsumerProtection@tdi . texas . gov Mail : MC 111 - 1A , P . O . Box 149091 , Austin , TX 78714- 9091 SSPN -016 (0520 ) Copyright © Starr Surplus Lines Insurance Company. All rights reserved . Page 1 of 13 Includes copyrighted material of Insurance Services Office , Inc . , with its permission . POLICYHOLDER NOTICES Alabama : This contract is registered and delivered as a surplus line coverage under the Alabama Surplus Line Insurance Law. Alaska : This is evidence of insurance procured and developed under the Alaska Surplus Lines Law, AS 21 . 34 . It is not covered by the Alaska Insurance Guaranty Association Act, AS 21 . 80 . " ALASKA POLICYHOLDER NOTICE 3 AAC 25.050 This policy is issued by a nonadmitted or surplus lines insurer. Insurance may only be purchased from nonadmitted insurers if the full amount, kind, or class of insurance cannot be obtained from insurers who are admitted to do business in the State of Alaska. Your broker or the surplus lines broker has determined that this was true on the date the policy was placed . Before issuing a renewal policy or extending this policy, remarketing is required . To avoid intentional or unintentional extension of coverage in the surplus lines market when an admitted market for that coverage exists, a nonadmitted insurer is prohibited from the automatic renewal or extension of a policy without remarketing by your broker or the surplus lines broker. In order to comply with the Alaska Administrative Code, the following notice is given : You are hereby notified that, under 3 AAC 25.050, your policy will terminate effective no later than the date and time of its expiration. We reserve the right to cancel this policy sooner than the expiration date by giving you notice of cancellation as required in AS 21 .36.220. You may request through your broker that a new policy from the surplus lines broker be concurrent with the effective date of the termination of this policy. You are also notified that a new policy, if issued by us, is subject to rerating, which may result in a premium increase of more than ten percent (10 % ). As required by 3 AAC 25. 050, you are hereby notified that any subsequent policy issued by us may be subject to a ten percent ( 10 % ) or more increase in premium . The actual premium will be based upon rates that apply at the time a subsequent policy, if any, is issued and will be made available to you before the effective date of the new policy, or the date subsequent coverage is bound, whichever occurs first. " Arizona : Pursuant to Arizona Revised Statutes § 20-401 . 01 , subsection B, paragraph 1 , this policy is issued by an insurer that does not possess a certificate of authority from the Director of the Arizona Department of Insurance. If the insurer that issued this policy becomes insolvent, insureds or claimants will not be eligible for insurance guaranty fund protection pursuant to Arizona Revised Statutes Title 20. Arkansas ;, This contract is registered and delivered as a surplus line coverage under the Surplus Lines Insurance Law, and it may in some respects be different from contracts issued by insurers in the admitted markets, and, accordingly , it may, depending upon the circumstances, be more or less favorable to an insured than a contract from an admitted carrier might be . The protection of the Arkansas Property and Casualty Guaranty Act does not apply to this contract. A tax of four percent (4%) is required to be collected from the insured on all surplus lines premiums. California : NOTICE : 1 . THE INSURANCE POLICY THAT YOU HAVE PURCHASED 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 OR INTERNET WEB SITE WWW . INSURANCE . CA . GOV . 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 OF APPROVED NONADMITTED NON-UNITED STATES INSURERS . ASK YOUR AGENT , BROKER, OR " SURPLUS LINE" BROKER TO OBTAIN MORE INFORMATION ABOUT THAT INSURER. 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 . INS URANCE . CA . GOV . 8 . 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 . D -2 (Effective January 1 , 2017 ) Colorado : This contract is delivered as a surplus line coverage under the 'Nonadmitted Insurance Act. ' The insurer issuing this contract is not licensed in Colorado but is an approved nonadmitted insurer. There is no protection under the provisions of the ' Colorado Insurance Guaranty Association Act. Connecticut ; NOTICE THIS IS A SURPLUS LINES POLICY AND IS NOT PROTECTED BY THE CONNECTICUT INSURANCE GUARANTY ASSOCIATION. " Conn . Gen . Stat. § 38a-745 . Delaware : This insurance contract is issued pursuant to the Delaware Insurance Laws by an insurer neither licensed by nor under the jurisdiction of the Delaware Insurance Department. " Del . Code tit . 18 , § 1909 . Florida : THIS INSURANCE IS ISSUED PURSUANT TO THE FLORIDA SURPLUS LINES LAW . PERSONS INSURED BY SURPLUS LINES CARRIERS DO NOT HAVE THE PROTECTION OF THE FLORIDA INSURANCE GUARANTY ACT TO THE EXTENT OF ANY RIGHT OF RECOVERY FOR THE OBLIGATION OF AN INSOLVENT UNLICENSED INSURER. SURPLUS LINES INSURERS ' POLICY RATES AND FORMS ARE NOT APPROVED BY ANY FLORIDA REGULATORY AGENCY. SURPLUS LINES INSURERS ' POLICY RATES AND FORMS ARE NOT APPROVED BY ANY FLORIDA REGULATORY AGENCY. Georgia : This contract is registered and delivered as a surplus line coverage under the Surplus Line Insurance Law, O . C . G. A . Chapter 33 - 5 . Hawaii : This insurance contract is issued by an insurer which is not licensed by the State of Hawaii and is not subject to its regulation or examination. If the insurer is found insolvent, claims under this contract are not covered by any guaranty fund of the State of Hawaii . Idaho : This surplus lines contract is issued pursuant to the Idaho insurance laws by an insurer not licensed by the Idaho Department of Insurance. There is no coverage provided for surplus line insurance by either the Idaho Insurance Guaranty Association or by the Idaho Life and Health Insurance Guaranty Association . Illinois : Notice to Policyholder: This contract is issued, pursuant to Section 445 of the Illinois Insurance Code, by a company not authorized and licensed to transact business in Illinois and as such is not covered by the Illinois Insurance Guaranty Fund . Iowa : This policy is issued, pursuant to Iowa Code section 515 . 120, by a nonadmitted company in Iowa and as such is not covered by the Iowa Insurance Guaranty Association. Kansas : This policy is issued by an insurer not authorized to do business in Kansas and, as such, the form, financial condition and rates are not subject to review by the Commissioner of insurance and the insured is not protected by any guaranty fund. Kentucky: This insurance has been placed with an insurer not licensed to transact business in the Commonwealth of Kentucky but eligible as a surplus lines insurer. The insurer is not a member of the Kentucky Insurance Guaranty Association . Should the insurer become insolvent, the protection and benefits of the Kentucky Insurance Guaranty Association are not available. Louisiana : NOTICE This insurance policy is delivered as surplus lines coverage under the Insurance Code of the State of Louisiana In the event of insolvency of the company issuing this contract, the policyholder or claimant is not covered by the Louisiana Insurance Guaranty Association which guarantees only specific policies issued by an insurance company authorized to do business in Louisiana. This surplus lines policy has been procured by the following licensed Louisiana surplus lines broker: SEE DECLARATIONS PAGE IMPORTANT INFORMATION REQUIRED BY THE LOUISIANA DEPARTMENT OF INSURANCE FIRE INSURANCE POLICY COVERAGE DISCLOSURE SUMMARY (OTHER THAN HOMEOWNERS) OR COMMERCIAL INSURANCE POLICY COVERAGE DISCLOSURE SUMMARY This form is promulgated pursuant to LSA-R. S. 22 : 1319 and 22 : 1332. THIS IS ONLY A SUMMARY OF YOUR COVERAGE AND DOES NOT AMEND, EXTEND OR ALTER THE COVERAGES OR ANY OTHER PROVISIONS CONTAINED IN YOUR POLICY. INSURANCE IS A CONTRACT. THE LANGUAGE IN YOUR POLICY CONTROLS YOUR LEGAL RIGHTS AND OBLIGATIONS. * * READ YOUR INSURANCE POLICY FOR COMPLETE POLICY TERMS AND CONDITIONS * * COVERAGE (S) FOR WHICH PREMIUM WAS PAID DEDUCTIBLES This policy sets forth certain deductibles that will be applied to claims for damages. When applicable, a deductible will be subtracted from your total claim , and you will be paid the balance subject to applicable coverage limits. • You may be able to reduce your premium by increasing your deductible. Contact your producer/agent or insurer for more details. NOTICE :. This policy [does/does not] set forth a deductible for covered losses caused by [hurricane; wind ; named storm] as defined in the policy. Separate Deductible Examples — Hurricane, Wind or Named Storm Damage If applicable, the following illustrates how a separate deductible applying to hurricane, wind or named storm damage is applied under your policy: [The insurer shall comply with LSA-R. S. 22 : 1319.B(3) by selecting either option A or B below : A. Developing its own standardized example to reflect how a hurricane, wind or named storm damage loss will be adjusted under the policy. The standardized example shall set forth a separate loss for each coverage included in the policy for which a premium has been paid . The total of all losses combined shall exceed by at least ten percent ( 10 % ) the applicable deductible(s) so that the example demonstrates a net payment to the insured . B. Utilizing the standardized example prepared by the LDOI if this standardized example properly reflects how a separate deductible is applied to a hurricane, wind or named storm damage loss under the policy: The following assumes no coinsurance penalty and a 2 % hurricane, wind or named storm deductible. The amounts of loss to the damaged property are $50,000 (building) and $20,000 (business personal property). Limits of insurance on building $ 100,000.00 Total amount of building loss $ 50,000.00 Less 2 % deductible ($100,000 X . 02) — $ 2,000 .00 Net payment to insured for building loss $ 48,000.00 $ Limits of insurance on the business personal property $ 50,000.00 Total amount of business personal property loss $ 20,000.00 Less 2 % deductible ($50,000 X . 02) — $ 1 ,000.00 Net payment to insured for business personal property loss $ 19,000. 00 Total net payment to insured for building and business personal property loss ($48,000 + $ 19,000) $ 67,000.00] TO SEE EXACTLY HOW YOUR SEPARATE HURRICANE, WIND OR NAMED STORM DEDUCTIBLE WILL APPLY, PLEASE REFER TO YOUR POLICY. LIMITATIONS OR EXCLUSIONS UNDER THIS POLICY FLOOD : Flood damage [is/is not] covered, regardless of how caused, when flood is the peril that causes the loss. Flood water includes, but is not limited to, storm surge, waves, tidal water and overflow of a body of water, whether driven by wind or not. Flood Insurance may be available through the National Flood Insurance Program (NFIP). NFIP flood insurance may provide coverage for damage to your building and/or contents, subject to the coverage limits and terms of the policy. Excess Flood Insurance may be available under a separate policy, from this or another insurer, if the amount of the primary flood insurance is not enough to cover the value of your property. • You may contact your producer/agent or insurer for more information on the NFIP and excess flood insurance. MOLD : Damage caused solely by mold [is/is not] covered under this policy. * * FOR ALL OTHER LIMITATIONS OR EXCLUSIONS, REFER TO YOUR POLICY FOR COMPLETE DETAILS ON TERMS AND PROVISIONS * * Maine : This insurance contract is issued pursuant to the Maine Insurance Laws by an insurer neither licensed by nor under the jurisdiction of the Maine Bureau of Insurance. Maryland : This insurance is issued by a nonadmitted insurer not under the jurisdiction of the Maryland Insurance Commissioner. DISCLOSURE REGARDING SURPLUS LINES INSURANCE. Please Read the Following Carefully Before Purchasing Insurance From a Surplus Lines Insurer. This policy is issued by a surplus lines insurer that has been approved by the Maryland Insurance administration to issue insurance policies in the surplus lines insurance market . Surplus lines insurers are not under the jurisdiction of the Maryland Insurance Administration and do not possess a certificate of authority to transact insurance business in the State of Maryland . Because surplus lines insurers are not under the jurisdiction of the Maryland Insurance Administration, your ability to seek assistance from the State if you have a problem with our insurance company is limited . The Property and Casualty Insurance Guaranty Corporation provides a fund that permits claimants or policyholders to receive payment of covered claims if their insurance company becomes insolvent (i .e . , bankrupt) and is unable to pay the claims . However, this fund does not apply to surplus lines insurers . If a surplus lines insurer becomes insolvent (i .e . bankrupt) , any claim that you have against the surplus lines insurer will not be covered by the fund administered by Property and Casualty Insurance Guaranty Corporation . If you have any questions regarding this disclosure or surplus lines insurance , please contact the Maryland Insurance Administration at 410-468-2340 . Massachusetts : The insurer with whom the insurance was placed is not licensed in Massachusetts . In the event of insolvency of the surplus lines insurer, losses will not be paid by the state insurance guaranty fund. Michigan : This insurance has been placed with an insurer that is not licensed by the state of Michigan . In case of insolvency, payment of claims may not be guaranteed . Minnesota : THIS INSURANCE IS ISSUED PURSUANT TO THE MINNESOTA SURPLUS LINES INSURANCE ACT . THE INSURER IS AN ELIGIBLE SURPLUS LINES INSURER BUT IS NOT OTHERWISE LICENSED BY THE STATE OF MINNESOTA. IN CASE OF INSOLVENCY, PAYMENT OF CLAIMS IS NOT GUARANTEED . Mississippi : NOTE This insurance policy is issued pursuant to Mississippi law covering surplus lines insurance . The company issuing the policy is not licensed by the State of Mississippi , but is authorized to do business in Mississippi as a nonadmitted company . The policy is not protected by the Mississippi Insurance Guaranty Association in the event of the insurer' s insolvency . Missouri : This Policy is issued in an unauthorized insurer under The Surplus Lines Insurance Law, under surplus lines insurance producer license No . and is NOT covered by the property and casualty guaranty fund of this state if the unauthorized insurer becomes insolvent. Montana : This Policy is issued in an unauthorized insurer under The Surplus Lines Insurance Law, under surplus lines insurance producer license No . and is NOT covered by the property and casualty guaranty fund of this state if the unauthorized insurer becomes insolvent. Nebraska : This policy is issued by a nonadmitted insurer, and in the event of the insolvency of such insurer, this policy will not be covered by the Nebraska Property and Liability Insurance Guaranty Association . Nevada :. This insurance contract is issued pursuant to the Nevada insurance laws by an insurer neither licensed by nor under the supervision of the Division of Insurance of the Department of Business and Industry of the State of Nevada. If the insurer is found insolvent, a claim under this contract is not covered by the Nevada Insurance Guaranty Association Act. New Hampshire: The company issuing this policy has not been licensed by the state of New Hampshire and the rates charged have not been approved by the commissioner of insurance . If the company issuing this policy becomes insolvent, the New Hampshire insurance guaranty fund shall not be liable for any claims made against the policy . New Jersey: This policy is written by a surplus lines insurer and is not subject to the filing or approval requirements of the New Jersey Department of Banking and Insurance . Such a policy may contain conditions, limitations, exclusions and different terms than a policy issued by an insurer granted a Certificate of Authority by the New Jersey Department of Banking and Insurance. The insurer has been approved by the Department as an eligible surplus lines insurer, but the policy is not covered by the New Jersey Insurance Guaranty Fund, and only a policy of medical malpractice liability insurance as defined in N . J. S . A . 17 : 30D-3d or a policy of property insurance covering owner- occupied dwellings of less than four dwelling units are covered by the New Jersey Surplus Lines Guaranty Fund . New Mexico : This policy provides surplus lines insurance by an insurer not otherwise authorized to transact business in New Mexico . This policy is not subject to supervision, review or approval by the superintendent of insurance. The insurance so provided is not within the protection of any guaranty fund law of New Mexico designed to protect the public in the event of the insurer' s insolvency . New York: THE INSURER(s) NAMED HEREIN IS (ARE) NOT LICENSED BY THE STATE OF NEW YORK, NOT SUBJECT TO ITS SUPERVISION. AND IN THE EVENT OF THE INSOLVENCY OF THE INSURER(s) , NOT PROTECTED BY THE NEW YORK STATE SECURITY FUNDS , THE POLICY MAY NOT BE SUBJECT TO ALL OF THE REGULATIONS OF THE INSURANCE DEPARTMENTS PERTAINING TO POLICY FORMS . North Carolina : The insurance company with which this coverage has been placed is not licensed by the State of North Carolina and is not subject to its supervision . In the event of the insolvency of the insurance company, losses under this policy will not be paid by any State insurance guaranty or solvency fund . North Dakota : THIS POLICY IS ISSUED PURSUANT TO THE NORTH DAKOTA SURPLUS LINES INSURANCE STATUTE UNDER THE SURPLUS LINES PRODUCER' S LICENCE OF THE INSURER IS A QUALIFIED SURPLUS LINES INSURER, BUT IS NOT OTHERWISE LICENSED BY THE STATE OF NORTH DAKOTA AND DOES NOT PARTICIPATE IN THE NORTH DAKOTA INSURANCE GUARANTY ASSOCIATION. Ohio : THE INSURANCE HEREBY EVIDENCED IS WRITTEN BY AN APPROVED NON-LICENSED INSURER IN THE STATE OF OHIO AND IS NOT COVERED IN CASE OF INSOLVENCY BY THE OHIO INSURANCE GUARANTY ASSOCIATION. Oklahoma : The insurance company with which this coverage has been placed is not licensed by the State of Oklahoma and is not subject to its supervision . In the event of the insolvency of the insurance company, losses under this policy will not be paid by any State insurance guaranty or solvency fund . Oregon : This insurance was procured and developed under the Oregon surplus lines laws . It is NOT covered by the provisions of ORS 734 . 510 to 734 . 710 relating to the Oregon Insurance Guaranty Association . If the insurer issuing this insurance becomes insolvent, the Oregon Insurance Guaranty Association has no obligation to pay claims under this insurance . Pennsylvania : The insurer which has issued this insurance is not licensed by the Pennsylvania Insurance Department and is subject to limited regulation . This insurance is NOT covered by the Pennsylvania Insurance Guaranty Association . Rhode Island : NOTICE THIS INSURANCE CONTRACT HAS BEEN PLACED WITHAN INSURER NOT LICENSED TO DO BUSINESS IN THE STATE OF RHODE ISLAND BUT APPROVED AS A SURPLUS LINES INSURER. THE INSURER IS NOT A MEMBER OF THE RHODE ISLAND INSURERS INSOLVENCY FUND . SHOULD THE INSURER BECOME INSOLVENT, THE PROTECTION AND BENEFITS OF THE RHODE ISLAND INSURERS INSOLVENCY FUND ARE NOT AVAILABLE. South Carolina : This company has been approved by the director or his designee of the South Carolina Department of Insurance to write business in this State as an eligible surplus lines insurer, but it is not afforded guaranty fund protection . South Dakota : This insurance contract is issued by a nonadmitted insurer which is not licensed by nor under the jurisdiction of the South Dakota Insurance Director. Tennessee: This insurance contract is with an insurer not licensed to transact insurance in this state and is issued and delivered as a surplus line coverage pursuant to the Tennessee insurance statutes. Texas : This insurance contract is with an insurer not licensed to transact insurance in this state and is issued and delivered as surplus line coverage under the Texas insurance statutes . The Texas Department of Insurance does not audit the finances or review the solvency of the surplus lines insurer providing this coverage, and the insure is not a member of the property and casualty insurance guaranty association created under Chapter 462, Insurance Code. Chapter 225, Insurance Code, requires payment of a 4. 85 percent tax on gross premium . Utah : The insurer issuing this policy does not hold a certificate of authority to do business in this state and thus is not fully subject to regulation by the Utah insurance commissioner. This policy receives no protection from any of the guaranty associations created under Title 31A, Chapter 28 . " Vermont: The company issuing this policy has not been licensed by the state of Vermont and the rates charged have not been approved by the commissioner of insurance. Any default on the part of the insurer is not covered by the Vermont Insurance Guaranty Association. " Virginia : The insurance policy that you have applied for has been placed with or is being obtained from an insurer approved by the State Corporation Commission for issuance of surplus lines insurance in this Commonwealth, but not licensed or regulated by the State Corporation Commission of the Commonwealth of Virginia. Therefore, you, the policyholder, and persons filling a claim against you are not protected under the Virginia Property and Casualty Insurance Guarantee Association Act (& & 38 . 2- 1600 ET SEQ .) against default of the company due to insolvency . In the event of insurance company insolvency , you may be unable to collect any amount owed to you by the company regardless of the terms of this insurance policy and you may have to pay for any claims made against you . " Wt ton : contract is registered and delivered as a surplus line coverage under the insurance code of the state of Washington, enacted in 1947 . It is not issued by a company regulated by the Washington state insurance commissioner and is not protected by any Washington state guaranty fund law. West Virginia: This company is not licensed to do business in West Virginia and is not subject to the West Virginia Insurance Guaranty Act. Notice 1 . An insurer that is not licensed in this state is issuing the insurance policy that you have applied to purchase . These companies are called 'nonadmitted' or ' surplus lines ' insurers . 2 . The insurer is not subject to the financial solvency regulation and enforcement that applies to licensed insurers in this state . 3 . These insurers generally do not participate in insurance guaranty funds created by state law . These guaranty funds will not pay your claims or protect your assets if the insurer becomes insolvent and is unable to make payments as promised . 4 . Some states maintain lists of approved or eligible surplus lines insurers and surplus lines brokers may use only insurers on the lists . Some states issue orders that particular surplus lines insurers cannot be used . 5 . For additional information about the above matters and about the insurer, you should ask questions of your insurance agent or surplus lines licensee . You may also contact your insurance commission consumer help line . Wisconsin : This insurance contract is with an insurer which has not obtained a certificate of authority to transact regular insurance business in the state of Wisconsin, and is issued and delivered as a surplus line coverage pursuant to s . 618 . 41 of the Wisconsin Statutes . Section 618 . 43 ( 1 ), Wisconsin Statutes, requires payment by the policyholder of 3 % tax on gross premium . " Wyoming : This insurance contract is issued pursuant to the Wyoming Insurance Laws by an insurer neither licensed by nor under the jurisdiction of the Wyoming Insurance Department. IL P 001 01 04 U . S . TREASURY DEPARTMENT ' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy . You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully . The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy , based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents ; • Front organizations ; • Terrorists ; • Terrorist organizations ; and • Narcotics traffickers ; as " Specially Designated Nationals and Blocked Persons " . This list can be located on the United States Treas- ury's web site — http//www .treas . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract , no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply . IL P 001 01 04 @ ISO Properties , Inc. , 2004 Page 1 of 1 Coverage Summary 1 . This policy covers Blanket Real , Personal Property, Contractors Equipment, Fine Arts , Glass, Valuable Papers , Data Processing Equipment and Media , Business Interruption ( Business Income) Extra Expense , Builders Risks and Installations , Transit, and Vehicle Damage. 2 . LIMIT OF LIABILITY The insurer(s) shall not be liable hereunder in any one loss , casualty or disaster for more than $ 100, 000, 000 Per Occurrence . For sublimits refer to Insuring Agreement, paragraph III . Insuring Agreement I . NAMED OF INSURED It is agreed that the unqualified word " Insured" wherever used in this insurance includes not only the Named Insured but also any official , trustee or employee of the Named Insured while acting within the scope of his duties as such , and any person , organization , trustees or estate to whom the Named Insured is obligated by virtue of written contract or agreement to provide insurance such as is offered by this Insurance , but only in respect to operations by or on behalf of the Named Insured . II . TERRITORY Coverage applies to property located within the 50 states comprising the United States of America and the District of Columbia . III . ULTIMATE NET LOSS In calculating the amount of Ultimate Net Loss , this insurance is deemed to have the following maximum sublimits: A . $ 50 , 000 , 000 In the aggregate annually as respects Earthquake Loss B . $ 5,000,000 In the aggregate as respects any Flood loss in Zones A, AO, AE, AH, A1 -30, A99, AR C . $ 50 , 000 , 000 In the Aggregate as respects all other Flood loss D . $ 50 , 000 , 000 In the aggregate annually for all Flood losses combined E . $ 25 ,000 ,000 Newly Acquired Property — 90 Days from the date of acquisition ; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition F $ 250 , 000 Accounts Receivable G . $ 5 ,000 ,000 Builders' Risks , Renovations, Repairs made by the Insured at any location (including new locations with total contract cost under $5 ,000 ,000) within the territorial limits of the policy, any one occurrence . Any Builders' Risks , Renovations , Repairs with total contract costs over $5 , 000 , 000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 1 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 H . $ 1 , 000, 000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; $50, 000 Unscheduled Locations I . $ 500, 000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity J . $ 250 ,000 Civil Authority — 4 Weeks Maximum K. $ 250 , 000 Ingress/Egress — 4 Weeks Maximum L. $ 2 ,500, 000 Unnamed Location , Any One Occurrence M . $ 100 ,00 Personal Property of Employees at a described Location N . $ 50 , 000 Personal Property of Others while on the Insured's property O . $ 10 , 000 , 000 Ordinance or Law P . $ 10 , 000 , 000 Extra Expense Q . $ 1 , 000 , 000 Expediting Expense R. $ 1 , 000 , 000 Property in Transit S . $ 10 , 000 , 000 Contractors ' Equipment subject to maximum $ 1 , 500 , 000 per item T. $ 5 ,000, 000 Fine Arts subject to maximum $500 ,000 per item U . $ 1 , 000 , 000 Fire Fighting Materials V. $ 250 , 000 Furs, Jewelry, Precious Stones and Metals not used for industrial purposes W. $ 250, 000 Loss Adjustment Expenses/Professional Services X . $ 10 , 000 , 000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation Y. $ 1 , 000 , 000 Errors or Omissions Z. $ 1 , 000 , 000 Vehicle Physical Damage — Over the Road AA. $ 25 ,000 in the Annual Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured subject to a $ 1 ,500 ,000 Annual Aggregate for all members BB . $ 100 , 000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement CC. $ 100 , 000 Trees and Shrubs DD . $ 10 , 000 ,000 Valuable Papers Policy Deductible: Each claim for loss or damage separately occurring shall be adjusted separately and from each adjusted claim , the amount of $ 150 , 000 shall be deducted . Notwithstanding the foregoing , the deductible amount applying to certain peril(s) insured against by this policy shall be as follows . If two or more deductible amounts provided in this Policy apply to a single Occurrence , the total to be deducted shall not exceed the largest deductible applicable unless otherwise stated in this Policy. Name of Insured : Colorado Counties Casualty and Property Pool Page 2 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Flood Deductible: $ 150 ,000 Per Occurrence except as noted below: Flood Zone A: 2% per building or structure of the sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy; Minimum $ 1 , 000 ,000 Per Occurrence as respects locations wholly or partially within Special Flood Hazard Areas (SFHA), areas of 100-year flooding , as defined by the Federal Emergency Management Agency (FEMA) . Wind/Hail Deductible: 2% per building or structure of the Sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy subject to a minimum deductible of $ 1 ,000 ,000 Per Occurrence . Earthquake Deductible : $ 150 ,000 Per Occurrence Service Interruption Deductible : 24 Hours IV. SERVICE ORGANIZATION This Insurance is issued to the Insured on the express condition that the Insured undertakes to utilize at all times the services of County Technical Services , Inc. Claims Management Department. This Service Organization shall perform the following duties: A. Discharge the Insured's obligation under the terms of this agreement by administering a complete claims handling program . B . Maintain accurate records of all reported claims and details incident to loss and expense payments . C . Furnish monthly claims records on an approved form . The acceptance of these services shall be a condition precedent to any liability, which may attach to the Company in accordance with the terms and conditions of this Insurance . Property Insurance AGREEMENT A — BUILDING ANDPERSONAL PROPERTY: Company agrees , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to all Real or Personal Property of every kind and description , wherever located , occurring during the period of this Insurance . AGREEMENT B — VEHICLE PHYSICAL DAMAGE —while on premises (excluding over the Road) : Company agree , subject to the limitations, terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss while on premises (excluding over the road ) AGREEMENT C — VEHICLE PHYSICAL DAMAGE —while over the road : Company agree , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss , including Collision of the Automobile with another object. Name of Insured : Colorado Counties Casualty and Property Pool Page 3 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Definitions/Provisions 1 . PROPERTY OF THE INSURED : The term "Insured's Property" shall mean all Real and Personal Property, including leasehold improvements or betterments which the Insured owns , property which the Insured holds on consignments or agrees to insure by any contractual agreement normal to its operations . 2 . VEHICLE : The term "VEHICLE" shall mean any motor vehicle , trailer or semi-trailer, including its equipment and any other equipment permanently attached thereto . The word "Trailer" shall include semi-trailer. 3 . ULTIMATE NET LOSS : The words "Ultimate Net Loss" in respect of this section shall be understood to mean the loss sustained by the Insured after making deductions for all recoveries and salvages . 4. VALUABLE PAPERS: The term "Valuable Papers" shall mean written , printed or otherwise inscribed documents and records , including books , maps, film , drawings , abstracts, deeds , mortgages and manuscripts , but does not mean money and securities, but includes additional costs to research or restore damaged documents, drawings or records . 5 . ACCOUNTS RECEIVABLE : The term "Accounts receivable" shall mean : a . All sums due the Insured from customers provided the Insured is unable to effect collections thereof as the result of covered loss or damage to records of accounts receivable ; b . Interest charges on any loan to offset impaired collections pending repayment of such sums made uncollectible by such loss or damage: c. Collection expense in excess of normal collection caused and made necessary because of such loss or damage; d . Other expenses when reasonably incurred by the Insured in re-establishing records of accounts receivable following such loss and I or damage . The following Special exclusions apply to Accounts Receivable Coverage ; this policy does not insure against: 1 ) Loss due to bookkeeping , accounting or billing errors or omissions ; 2 ) Loss , the proof of which as to factual existence , is dependent upon an audit of records or an inventory computation , but this shall not preclude the use of such procedures in support of claim for loss which the insured can prove , through evidence wholly apart therefrom , is due solely to a risk of loss to records of accounts receivable not otherwise excluded hereunder; 3) Loss due to alteration , falsification , manipulation , concealment, destruction or disposal of records of accounts receivable 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 of money, securities or other property but only to the extent of such wrongful giving , taking , obtaining or withholding . 6 . OCCURRENCE : "Occurrence" means all covered loss , damage, or a sequence of losses or damage , casualties or disasters , arising from a single event or catastrophe . So far as loss involving in whole or in part, the perils of wind , (including hurricanes , tornadoes , and cyclones), snow, rain , or hail is concerned a single event shall mean one single atmospheric disturbance during a continuous period of seventy-two (72) hours (not limited by the date on which coverage under this policy ceases). 7 . BUILDERS RISK This policy cover projects in the course of construction at a covered location , other than an Unscheduled Location , within the policy TERRITORY as defined in Section II above , subject to the "total project value" not exceeding the Sublimit shown in Section III ULTIMATE NET LOSS above . Alteration , addition , extension , repairs and/or remodeling projects are included under this extension . Any builders' risks , renovations , repairs with total contract costs over $5 , 000 ,000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 4 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 As respects locations other than insured locations , coverage under this extension shall commence when the Insured first acquires an insurable interest at the location and shall cease sixty (60) days from the date of such acquisition , or when reported to and accepted by the Company, on the expiration date of this policy, whichever occurs first. No coverage is provided under this property in this extension for property while in transit or while waterborne . The term "total project value" shall mean the cost of all labor, materials , equipment, machinery, or supplies intended to be a permanent part of the completed buildings(s) or structure(s) and in which the Insured has an insurable interest at the time of the loss or damage . 8 . ERRORS AND OMISSIONS The term Errors and Omissions covers direct physical loss or damage at Locations within the Coverage Territory that are owned , leased or operated by the Insured , if such loss or damage is not payable under the Policy solely due to : a . Any error or unintentional omission in the description of the address of the property whether made at the inception of the policy period or subsequent thereto ; or b . Failure through any error or unintentional omission to : i . Include any Location of the Insured at the inception of the Policy; or ii . Report any newly acquired Location before the period of automatic coverage provided under the policy for Newly Acquired Property extension expires. This policy covers such direct physical loss or damage , to the extent it would have provided coverage had the error or unintentional omission had not been made . It is a condition of this coverage that any error or unintentional omission be reported by the Insured to the Company when discovered and corrected . The Company may charge an additional premium based on the proper values reported after the correction has been made to the schedule of values/locations . There is no coverage under this Paragraph for loss or damage which is covered under Newly Acquired or Unnamed Locations provisions of this Policy. Excluded Perils With regard to all Property, this insurance does not insure against: 1 . Loss by moth , vermin , termites or other insects ; wear, tear or gradual deterioration ; rust, wet or dry rot, or mold . 2 . Loss resulting from loss of use , delay or loss of markets. 3 . Breakdown of machinery and/or boiler explosion but not excluding loss resulting therefrom . This exclusion shall not apply as respects to EDP equipment and media . 4 . Loss resulting from dampness of atmosphere or variation in temperature unless caused by the perils of fire , explosion , windstorm , hail , riot, civil commotion , and impact by aircraft or vehicles. This exclusion shall not be deemed to exclude loss resulting from freezing . 5 . Loss of electrical appliances or devices of any kind , including wiring , arising from electrical injury or disturbance to the said electrical appliances or devices or wiring from artificial causes unless fire or explosion ensues , and then only for direct loss or damage caused by fire or explosion . 6 . Loss by normal settling , normal shrinkage or normal expansion in foundations, walls , floors or ceilings. 7 . Loss by mechanical derangement, error in design , inherent vice or latent defect. Name of Insured : Colorado Counties Casualty and Property Pool Page 5 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 8 . Loss resulting from processing or faulty workmanship, unless fire and/or explosion ensues , and then only for direct loss or damage caused by such ensuing fire or explosion . 9 . Loss resulting from shrinkage , evaporation , loss of weight or leakage , unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike, riot or civil commotion , aircraft, vehicles , breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 10 . Inventory shortage , mysterious disappearances or loss resulting from any kind of infidelity or dishonesty on the part of the Insured or any of his employees . Excluded Property 1 . Animals; 2 . Aircraft 3 . Standing timber, growing crops , land and land values ; 4. Currency, money, notes, and securities ; 5 . Bridges, culverts , roadways , streets, walks , or paved surfaces , dams , docks , piers and Wharves ; 6 . Water; 7 . Tunnels used for vehicular traffic; underground mines and property therein . The following property not at a Covered Location : 1 . Underground piping , wiring , flues or drains ; 2 . Reservoirs , transmission and distribution lines, telephone and power poles and appurtenants, street and highway lighting and signs . The following property not part of museum collections and/or exhibits at a Covered Location : 1 . Furs; jewelry; precious and semi-precious stones, gold , silver, platinum and other precious metals and alloys . Conditions 1 . REPORTING REQUIREMENTS A. NEWLY ACQUIRED PROPERTY: The Company will charge the appropriate premium for adding Property to the policy. Property must be reported the Carrier within 90 days of acquisition or coverage ceases . For Property with values over $5 , 000 ,000 the Company will charge an additional premium . For Property with values under $5 , 000 , 000 , the Company is to be notified of the newly acquired Property and any additional premium will be waived . The Insured is required to include the new Property and/or Location on the Statement of Values . B . MEMBERSHIP RECONCILIATION REPORT FOR UDPATED STATEMENT OF VALUES : The Insured will provide the Company a Membership Reconciliation Report updating the Statement of Values for 100% of values by Member and Location (s) by March 1st of each policy year. The report shall incorporate any changes to the insured Locations including new buildings , new locations and/or deleted buildings and/or Locations. Name of Insured : Colorado Counties Casualty and Property Pool Page 6 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 2. VALUATION . The Company shall not be liable for loss or damage in excess of. A. Real and Personal Property - the cost to repair, rebuild or replace the destroyed or damaged property in a condition equal to but not superior to or more extensive than its condition when new. If the Insured decides to replace destroyed or damaged property on another site, cost of such site is not included hereunder. It is a requirement that if the Insured does not repair, replace or rebuild the property within two years from the date of loss , this property shall be valued at actual cash value. B . Automobile - the actual cash value of the automobile at the time of loss . C . Contractors Equipment — the actual cash value of the equipment at the time of loss. 3. REMOVAL CLAUSE . This Insurance covered the expense and damage occasioned by removal from the premises endangered by the perils insured against wherever such Property is located or removed for preservation . 4. ARCHITECTS FEES . This Insurance covers the additional assessment involving architects' fees for consultations arising from losses resulting from an insured peril . Fees are limited to seven (7% ) percent of replacement cost. 5. APPRAISAL. In the event the Insured and Company are unable to agree as to the amount necessary to rebuild , repair or replace the damaged or destroyed property or the actual amount of reimbursement to be paid , each party shall name a competent and disinterested umpire . The appraisers together shall obtain reconstruction estimates , and calculate the amounts of reimbursement due, and failing to agree, shall submit their differences to the umpire . The award , in writing , duly verified by any two shall determine the point in question . Both parties shall pay the cost of their own appraiser and equally pro rate the cost of the umpire. 6. CIVIL AUTHORITY CLAUSE . Notwithstanding anything contained in this Insurance , property which is insured under this Insurance is also covered against the risk of damage or destruction by civil authority during a conflagration and for the purpose of retarding the same ; provided that neither such conflagration nor such damage or destruction is caused or contributed to by war, invasion , revolution , rebellion , insurrection or other hostilities or warlike operations. 7. ORDINANCE DEFICIENCY CLAUSE . Notwithstanding anything contained herein to the contrary, the Company shall be liable also for the loss occasioned by the enforcement of any state or municipal law, ordinance or code , which necessitates , in repairing or rebuilding , replacement of material to meet the minimum requirements of such law, ordinance or code . If demolition is required to comply with such enforcement, Company shall also be liable for such additional costs. General Conditions 1 . PREMIUM PROVISION See Declarations Page . 2 . SALVAGE AND RECOVERY CLAUSE All Salvages , recoveries and payments recovered or received subsequent to a loss settlement under this Insurance shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto. 3 . INSPECTIONS , AUDIT AND VERIFICATION OF VALUES The Company or their duly authorized representatives shall be permitted at all reasonable times during continuance of this Insurance to inspect the premises used by the Insured and to examine the Insured's books or records so far as they relate to coverage afforded by this Insurance. Name of Insured : Colorado Counties Casualty and Property Pool Page 7 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 4. RECORDS It is hereby understood and agreed that the records and books as kept by the Insured shall be acceptable to Company in determining the amount of loss or damage covered hereunder. 5. DUE DILIGENCE CLAUSE The Insured shall use due diligence and do and concur in doing all things reasonably practicable to avoid or diminish any loss of or damage to the property herein insured . 6. CURRENCY The premium and losses under this Insurance are payable in United States currency. Payment of premium shall be made to Arthur J. Gallagher Risk Management Services, Inc. 7 . BANKRUPTCY AND INSOLVENCY In the event of the bankruptcy or insolvency of the Insured or any entity comprising the Insured , the Company shall not be relieved of the payment of any claims hereunder because of such bankruptcy or insolvency. 8. OTHER INSURANCE If the Insured has other Insurance against loss covered by this Insurance the Company shall be liable , under the terms of this Insurance, only as excess of coverage provided by such other Insurance and no monies payable or collectable from such other insurance shall accrue in the aggregate loss fund of this Insurance . 9. MORTGAGE CLAUSE The interest of any mortgagor on property covered hereunder is included as if a separate endorsement were attached hereto to the extent of the amount of mortgage as of the date of loss subject to the limits of liability set forth in this Insurance . 10. CLAIMS The Insured shall as soon as practicable notify the Company through County Technical Services, Inc. Claims Management Department of any Occurrence , the cost of which is likely to result in payment by the Company under this Insurance . The Company shall have the opportunity to be associated with the Insured in defense of any claims , suits , or proceedings relative to an Occurrence ; wherein , the opinion of the Company, their liability under this Insurance is likely to be involved , in which case the Insured and Underwriters shall cooperate to the mutual advantage of both . 11 . NOTICE OF LOSS The Insured through County Technical Services, Inc. Claims Management Department shall as soon as practicable report to this Company or its agent every loss or damage which may become a claim under this Policy and shall also file with the Company or its agents within ninety (90) days from date of loss a detailed sworn proof of loss . Failure by the Insured or County Technical Services , Inc. to report the said loss or damage and to file such proof of loss as required herein shall not invalidate any claim under this Policy for such loss except if and to the extent that the Company can prove that it was actually prejudiced by any unreasonable delay in reporting loss or damage . 12. EXAMINIATION UNDER OATH The Insured shall submit, and so far as is within his/her or their power shall cause all other persons interested in the property and members of the household and employees to submit, to examinations under oath by any persons named by the Company, relative to any and all matters in connection with a claim and subscribe the same and shall produce for examination all books of account, bills , invoices and other vouchers or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the Company or its representatives and shall permit extracts and copies thereof to be made . Name of Insured : Colorado Counties Casualty and Property Pool Page 8 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 13 . SETTLEMENT OF LOSS All adjusted claims shall be paid or made good to the Insured through County Technical Services, Inc. within sixty (60) days after presentation and acceptance of satisfactory proof if interest and loss at the office of this Company. No loss shall be paid hereunder if the Insured has collected the same from others. 14 . LOSS PAYMENTS When it has been determined that Company are liable under this Insurance , Company shall thereafter promptly reimburse County Technical Services, Inc. for all payments made in excess of the amounted .stated in the Limits Agreement. All adjusted claims shall be paid or made good within thirty (30) days after their presentation by County Technical Services , Inc. Claims Management Department and acceptance by the Company of satisfactory proof of interest and loss . 15 . NO BENEFIT TO BAILEE This insurance shall in no wise inure directly or indirectly to the benefit of any carrier or other bailee . 16 . LITIGATION PROCEEDINGS No suit to recover on account of loss under this insurance shall be brought until ninety days after the proof of loss shall have been furnished , nor at all unless commenced within twenty seven months from the date upon which loss occurred , if such loss is within the knowledge of the Insured ; if not, the twenty-seven months shall begin upon notice to the Insured to such loss or claim 17 . SUBROGATION The Company shall be subrogated to all rights which the Insured may have against any person or other entity in respect to any claim or payment made under this Insurance , and the Insured shall execute all papers required by the Company and shall cooperate with the Company to secure Underwriter's rights . IN case any reimbursement obtained or recovery made by the Insured or the Company on account of any loss covered by this Insurance , the net amount of such reimbursement or recovery, after deducting the actual cost of obtaining or making the same , shall be first applied in the following order: a . Amount of loss which exceeds the applicable limit of liability. b . To reduce the Company' loss until the Company are fully reimbursed . c. To reduce the Insured's loss because of the application of the aggregate loss fund . 18 . WAIVER OF SUBROGATION This Insurance shall not be invalidated if the Insured by written agreement has waived or shall waive its right of recovery from any party for loss or damage covered hereunder; provided , that any such waiver is made prior to the occurrence of said loss or damage . 19 . CONFLICTING STATUTES In the event that any provision of this Insurance is unenforceable by the Insured under the laws of any state or other jurisdiction wherein it is claimed that the Insured is liable for any injury covered hereby because of non-compliance with any statute thereof, then this policy shall be enforceable for the Insured with the same effect as if it complied with such statues. Name of Insured : Colorado Counties Casualty and Property Pool Page 9 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 20. ASSIGNMENT Assignment of interest under this Insurance shall not bind the Company until the Company' consent is endorsed hereon . 21 . PAIR, SET OR PARTS It is understood and agreed that, in the event of loss of or damage to any article or articles which are part of a set, the measure of loss of or damage to such article shall be a reasonable and fair proportion of the total value of the set, giving consideration to the importance of said article or articles ; but in no event shall such loss or damage be construed to mean total loss of set. In case of loss or injury to any part of the insured property consisting , when complete for sale or use , of several parts , this Company shall only be liable for the insured value of the part lost or damaged . 22. PROTECTION AND PRESERVATION OF PROPERTY In case of actual or imminent physical loss or damage of the type insured against by this policy, the expenses incurred by the insured in taking reasonable and necessary actions for the temporary protection and preservation of property insured hereunder shall be covered by this policy. The Underwriters' proportion of such expenses shall be limited to the extent they were incurred with the intent to reduce loss or damage which could otherwise have been payable under this policy. Any recovery hereunder shall be subject to the applicable deductible and shall be included in and not additional to the limit of this policy. 23 . SUIT No suit, action or proceeding for the recovery of any claim under the Policy shall be sustainable in any court of law or equity unless the same is commenced within twelve ( 12 ) months after discovery by the Insured of the occurrence which gives rise to the claim . Provided , however, that if by the laws of the State within which this Policy is issued such limitation is invalid , then any such claims shall be void unless such action , suit or proceeding be commenced within the shortest limit of time permitted by the laws of such State to be fixed herein . 24. APPRAISAL If the insured and the Company fail to agree as to the amount of loss, each shall , on the written demand of either, made within sixty days after receipt of proof of loss by the Company, select a competent and disinterested appraiser, and the appraisal shall be made at a reasonable time and place. The appraisers shall first select a competent and disinterested umpire, and failing for fifteen days to agree upon such umpire , then , on the request of the Insured or the Company, such umpire shall be selected by a judge a court of record in the state in which such appraisal is pending . The appraisers shall then appraise ht the loss, stating separately the actual cash value at the time of loss and the amount of loss , and failing to agree shall submit the differences to the umpire. An award in writing of any two shall determine the amount of toss. The Insured and the Company shall each pay his/her or its chosen appraiser and shall bear equally the other expenses of the appraisal and umpire. The Company shall not be held to have waived any of its rights by any act relating to the appraisal . 25. CANCELLATION This Policy may be cancelled by the Insured by mailing to the Company written notice stating when thereafter such cancellation shall be effective . This Policy may be canceled by the Company by mailing to the Insured at the address shown in this Policy or last known address written notice stating when no fewer than (90) ninety days ( 10 days for nonpayment of premium ) thereafter such cancellation shall be effective . The mailing of notice as aforesaid shall be sufficient proof of notice , and the effective date of cancellation stated in the notice shall become the end of the policy period . Delivery of such written notice either by the Insured or by the Company shall be equivalent to mailing . If this insurance shall be cancelled by the Insured , the Company shall retain the customary short rate proportion of the premium hereon , except that if this Insurance is on a adjustable basis the Company shall receive the earned premium hereon or the customary short rate proportion of any minimum premium stipulated herein whichever is greater. If this Insurance shall be cancelled by or on behalf of the Company, the Company shall retain the pro rata proportion of the premium hereon ; except that if this insurance is on an adjustable basis , the Company shall receive the earned premium hereon or the pro rata proportion of any minimum premium stipulated herein whichever is the greater. Name of Insured : Colorado Counties Casualty and Property Pool Page 10 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of Cancellation by such payment shall be made as soon as practicable. If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. Subject otherwise to all terms , clauses and conditions heretofore . 26. CHANGES By acceptance of this Insurance , the Insured agrees that it embodies all agreements existing between the Insured and Company or any of its agents relating to this Insurance . None of the provisions , conditions or other terms of this Insurance shall be waived or altered except by endorsement; nor shall notice to any agent or knowledge possessed by any agent or by any other person be held to effect a waiver or change in any part of this insurance . 27. FRAUDULENT CLAIMS If the Insured shall make any claim knowing the same to be false or fraudulent, as regards amount or otherwise, this Insurance shall become void and all claim hereunder shall be forfeited . 28. MISREPRESENTATION OR FRAUD This policy shall be void if the Insured has concealed or misrepresented any material fact or circumstances concerning this insurance or the subject thereof in case of any fraud , attempted fraud or false swearing by the insured touching any matter relating to this insurance or subject thereof, before or after loss . Earth Movement Coverage Earth Movement means : • Any earth movement, other than sinkhole collapse , such as earthquake , landslide , mine subsidence or earth sinking , rising or shifting including that caused by subsidence, settling , contraction , or expansion of soils. • Eruption , explosion , or effusion of a volcano other than volcanic action . If more than one earth movement or volcanic eruption occurs within any 72 hour period , we'll consider this one occurrence . The 72 hour period will not be shortened by the expiration of the policy. The limit shown in the Coverage Agreement Section under Ultimate Net Loss for earthquake is the most this Company will pay for all direct loss or damage caused by a single Earth Movement. Flood Coverage Flood , mudslide or mudflow, and surface water are covered perils . Flood means waves , tides or tidal water, the rising of bodies of water and streams, or the overflowing or breaking of their boundaries , whether driven by wind or not. Surface water means water which accumulates or flows on the surface of the ground , and is created by natural causes such as rain , melted snow, or rising springs, but which follows no defined watercourse and does not gather into or from a natural body of water. The Company is not liable for more than the limits shown in the Coverage Agreement, Ultimate Net Loss section of the Policy. . Name of Insured : Colorado Counties Casualty and Property Pool Page 11 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Transit Extension Insuring Clause This insurance is hereby extended to cover Personal property of the Insured or property held by the Insured in trust or on commission or on consignment for which the insured may be held legally liable while in due course of transit within the limits of the Continental the 50 states comprising the United States of America (excluding Hawaii ) and the District of Columbia , against All Risks of Direct Physical Loss or Damage to the property insured occurring during the period of this policy (including general average and salvage charges on shipments covered while waterborne ) . Perils Excluded This extension does not insure against: 1 . Loss or damage to personal property resulting from : shrinkage , evaporation , loss of weight, leakage of glass or other fragile articles , marring , scratching , exposure to light, or change in color, texture or flavor, unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike , riot or civil commotion , aircraft, vehicles, breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 2 . Loss of use , delay or loss of markets. 3 . Loss or damage caused by or resulting from moth , vermin , termites , or other insects , inherent vice , latent defect, wear, tear or gradual deterioration ; contamination ; rust, wet or dry rot, mold , dampness of atmosphere , smog or extremes of temperature. 4 . Loss or damage caused by or resulting from misappropriation , conversion , infidelity or any dishonest act on the part of the Insured or other party of interest, his or their employees or agents to others whom the property may be delivered or entrusted (carriers for hire excepted) . 5 . Loss or damage to the property insured occasioned by war, invasion , hostilities acts of foreign enemies , civil war, rebellion , insurrection , military or usurped power or martial law or confiscation by order of any government or public authority. 6. Loss or damage arising directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination however such nuclear reaction , nuclear radiation or radioactive contamination may have been caused . Nevertheless, if a fire arises directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination , any loss or damage arising directly from that fire shall (subject to the provisions of this policy) be covered excluding , however, all loss or damage caused by nuclear reaction , nuclear radiation or radioactive contamination arising directly or indirectly from that fire. 7 . Loss or damage caused by breakdown or derangement of refrigerating units . Property Excluded This extension does not cover: 1 . Aircraft, watercraft, vehicles designed for highway use , animals, jewelry, precious stones and furs or garments trimmed with fur. 2 . Currency, money, notes , securities , deeds , and evidences of debt 3 . Property in due course of ocean marine transit. 4 . Shipments by mail after delivery into the custody of the Post Office Department. 5 . Samples while in the care, custody or control of salesmen . Name of Insured : Colorado Counties Casualty and Property Pool Page 12 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Conditions 1 . The Insured may accept without prejudice to this insurance the ordinary bills of lading or receipts issued by carriers including those containing released and/or partially released value provisions , but the Insured shall not enter into any special agreements with carriers releasing them from their common law or statutory liability. 2 . Property insured hereunder shall be valued as follows: a . Sold property at the actual net invoice price of the Insured . b . Unsold property at the actual cash value of the property at the time any loss or damage occurs with property deduction for depreciation and in no event to exceed what it would cost to repair or replace the property with material of like kind and quality. Extra Expense Coverage It is agreed that if the property covered under Insuring Agreement A is damaged or destroyed by perils insured against during the period of this Insurance so as to necessitate the incurrence of Extra Expense (as defined below) the Company shall be liable for the Extra Expense so incurred , not exceeding the actual loss sustained , for not exceeding such length of time , hereinafter referred to as the "period of restoration". It is further agreed that this extension of coverage shall not operate to increase the Company limits of liability hereunder. Definitions : A. Extra Expense : The term " Extra Expense" means the excess (if any) of the total cost incurred during the period of restoration chargeable to the operation of the Insured's business, over and above the total cost that would normally have been incurred to conduct the business during the same period had no damage or destruction occurred . B. Normal : The term "normal" wherever used herein shall mean ; the condition that would have existed had no loss occurred . C . Period of Restoration : The term "Period of Restoration" means such length of time commencing with the date of damage and not limited by the date of expiration of this policy, as would be required with the exercise of due diligence and dispatch to repair, rebuild or replace such part of the Insured's property as has been damaged or destroyed . Conditions : A. Resumption of Operations : It is a condition of this Insurance that as soon as practicable , the Insured shall resume normal operations of the business and shall dispense with such extra expense . B. Interruption by Civil Authority: Liability hereunder is extended to include actual loss as covered hereunder, sustained during the period of time , not exceeding two weeks , when as a direct result of physical loss or damage by a peril insured against within one mile of the insured premises , access to the premises in which the property described is located is prohibited by order of civil authority. Exclusions : In addition to the General Exclusions of this Insurance, Company shall not be liable for Extra Expense resulting from : A. The suspension , lapse or cancellation of any lease , license, contract or order beyond the period of restoration ; B . Interference at premises by strikers or other persons with rebuilding , repairing or replacing the property damages or destroyed or with the resumption or continuation of business ; C. Enforcement of any local or state ordinance or law regulating construction , repair or demolition of buildings or structures ; Name of Insured : Colorado Counties Casualty and Property Pool Page 13 of 14 Policy Term: January 1 , 2021 to January 1 , 2022 Further, the Company shall not be liable for: A. More than the amount set forth in the limits of liability; B . Loss of income; C . The cost of repairing or replacing any of the real or personal property covered hereunder, or the cost of research or other expense necessary to replace or restore damage or destroyed books of account, abstracts , drawings , card index systems or other records (including film , tape , disc, drum , cell or other magnetic recording or storage media for electronic data processing ) , that have been damaged or destroyed by the perils insured against, except cost in excess of the normal cost of such repair, replacement or restoration necessarily incurred for the purpose of reducing loss under this policy. In no event shall such excess cost exceed the amount by which the total extra expense loss otherwise payable under this policy is thereby reduced. D . Loss resulting from theft of any property which at the time of loss is not an integral part of a building or structure (except direct loss by pillage and looting occurring during and at the immediate place of a riot or civil commotion ), unless loss by a peril not excluded in this policy ensues from theft or attempted theft, and then the Company shall be liable for only such ensuing loss ; E . Any other consequential or remote loss. Pollution Cleanup and Removal Notwithstanding any conditions or terms contained elsewhere in this policy, coverage is extended to cover the cost to clean up and remove pollutants that are : 1 . In the land or water at an insured location provided the discharge , seepage , migration , release, escape or dispersal is a direct result of physical loss or damage by fire , lightning , explosion , windstorm , hail , leakage from fire protection equipment, smoke , vehicles and aircraft, riot, civil commotion , vandalism , sinkhole collapse , volcanic action , falling objects , weight of snow, ice or sleet, or water damage . For example : a fire damage at an insured location causes chemicals to run onto the ground and into a nearby river. This policy will pay to clean up the pollution that is in the land and water at the insured premises up to the limit of liability of this extension . This policy will not pay to clean up land or water away from an insured premises ; 2 . In the land or water away from an insured premises but only when pollution or contamination is caused by the collision , upset or overturn of a transporting vehicle which is owned , operated , rented , leased or borrowed by the Insured . Coverage is provided under the extension only if the following conditions are met: A. The cause of loss occurs during the policy period ; B . The pollution must occur at an insured location except as provided for in clause 2 . above . C . The clean-up and removal costs must be incurred and reported to the company within one hundred ( 180) days of either the date of direct physical loss or damage or the end of the policy period , whichever is earlier. Liability for loss under this extension shall not exceed $25 , 000 in any one occurrence or $25 , 000 in the aggregate for all such losses in any one policy year. However, these limits will apply separately to each County member listed as a Named Insured except $ 1 , 500 , 000 Aggregate applies to all County members . Name of Insured : Colorado Counties Casualty and Property Pool Page 14 of 14 Policy Term: January 1 , 2021 to January 1 , 2022 ENDORSEMENT A EXCESS CLAUSE 1 . EXCESS CLAUSE A. Coverage hereunder shall not apply until the amount of loss , damage or expense arising out of any one occurrence exceeds SEE ATTACHMENT CLAUSE plus the applicable portion of the primary policy deductible as set forth herein and any waiting period attributable to the perils and/or property and/or coverages insured hereunder. The amount of the applicable portion of the primary deductible referred to above shall be determined by the proportion that the amount of loss attributable to the perils and/or property and/or coverages insured against under this policy (without application of the excess provision ) bears to the total amount of loss multiplied by the amount of the applicable primary deductibles . In the event that the total amount of loss , damage , or expense attributable to the perils and/or property and/or coverage insured under the underlying insurance exceeds that amount at which this policy would normally attach , but due to the application of sublimits in the underlying policy(ies), the total loss, damage and expense payable by the underlying policy(ies) does not fully exhaust the underlying policy(ies) limit, then this policy shall drop down and be liable for the loss as covered under this policy in excess of the amount paid by the underlying policy(ies). B . In determining the amount of any loss , damage, or expense for which this policy is excess , the total loss for all coverages caused by any combination of perils , one or more of which is insured against under the primary policy, shall be used even though all such perils or coverages are not insured against under this excess policy. ( 1 ) Any recoveries made under the primary policy shall be considered as first applying to those perils and/or property and/or coverages not insured against by this policy. Upon exhaustion of the primary policy limits, this policy shall drop down and be liable for the loss in excess of the amount attributable to the primary policy as respects those perils and/or coverages and/or property insured hereunder subject to the limit of this policy. (2 ) If there is any other excess insurance covering the perils and/or property and/or coverages insured against in the primary policy, but not covered by this policy, this insurance shall then allocate any loss recoveries made under the primary policy in the same proportion as the amount of loss involving the property and/or coverages insured against by this policy bears to the combined total loss. Upon exhaustion of the primary policy limits , this policy shall drop down and be liable for the loss in excess of the amount attributed to the primary policy as respects those perils and/or property and/or coverages covered hereunder subject to the limit of this policy. (3) Paragraph two shall not apply, however, when the amount of loss attributed to the perils insured under the primary policy, but not covered under this policy, exceed the total amount of insurance provided by the primary and excess coverages with respect to said perils . In this situation any recoveries made under the primary policy shall first apply to those perils not insured by this policy. Upon exhaustion of the primary limits , this policy shall drop down and be liable for loss in excess of the amount attributed to the primary policy as respects those perils covered hereunder subject to the limit of this policy. (4) In the event the Insured is a contributing or self-insurer with respect to the perils and/or property and/or coverages otherwise insured in any underlying insurance and no policy is issued to define the extent of this contributing or self insurance, for the purposes of this Excess Clause, the Insured's contributing or self-insurance shall be deemed to be the same as either: (a) all other contributing insurance participating in the Insured's layer(s); or (b) all other contributing insurance participating in the layer below the Insured's layer where the Insured is entirely self insuring the layer. If the coverage provided by the policy(s) of the other contributing insurance company(s) is non- concurrent, then the contributing or self insurance provided by the Insured within the layer in question shall be deemed to be the same as the coverage provided by that contributing insurance company whose policy provides the least indemnity for the loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 C . In the event the annual aggregate limits provided for Flood and/or Earthquake are diminished or exhausted in any one policy year, the coverage provided under this policy shall respond as excess of the remaining limits as respects those perils insured under this policy. In such event, the applicable amount of the deductibles provision of the primary policy as set forth herein shall apply to the combination of all policies . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 ENDORSEMENT B NAMED INSURED ENDORSEMENT This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : NAMED INSURED ENDORSEMENT It is agreed that the Participating Member Counties named hereunder are included as Named Insureds : 1 Alamosa 26 Las Animas 2 Archuleta 27 Lincoln 3 Baca 28 Logan 4 Bent 29 Mineral 5 Chaffee 30 Moffat 6 Cheyenne 31 Montezuma 7 Clear Creek 32 Montrose 8 Conejos 33 Morgan 9 Crowley 34 Otero 10 Custer 35 Ouray 11 Delta 36 Park 12 Dolores 37 Phillips 13 Elbert 38 Prowers 14 Fremont 39 Pueblo 15 Garfield 40 Rio Blanco 16 Gilpin 41 Rio Grande 17 Grand 42 Routt 18 Gunnison 43 Saguache 19 Hinsdale 44 San Juan 20 Huerfano 45 San Miguel 21 Jackson 46 Sedgwick 22 Kiowa 47 Summit 23 Kit Carson 48 Teller 24 La Plata 49 Washington 25 Lake 50 Yuma ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ENDORSEMENT C JOINT LOSS CLAUSE This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : It is agreed that the policy to which this endorsement is attached is hereby amended as follows : In the event the Insured suffers a loss of or damage to property at a location designated in this policy and also designated in an Equipment Breakdown Policy, and there is a disagreement between this company and the Equipment Breakdown Insurer with respect to: ( 1 ) whether the loss or damage was caused by an accident insured against by this policy or by a peril insured against by such Boiler insurance policy, or (2 ) the extent of participation of this policy and of such Boiler insurance policy in the loss or damage ; then , after agreement among the Insured , this company and the Equipment Breakdown Insurer as to the total amount of the loss or damage recoverable under both policies , this company will , upon written request of the Insured , pay to the Insured , in addition to that portion of the total recoverable loss or damage for which it admits liability: one-half ( 1 /2) of that portion of the total recoverable loss or damage which is in disagreement (but in no event more than the minimum amount remaining payable under either this policy or the Boiler insurance policy after making provision for undisputed payments) provided that the Equipment Breakdown Insurer shall simultaneously pay to the Insured the remaining one-half ( 1 /2) of that portion of the total recoverable loss or damage which is in disagreement. Such payment by this company and the acceptance of the same by the Insured signifies the agreement of the company to submit to and proceed with arbitration within 90 days of such payment in order to apportion the amount of total recoverable loss or damage which is in disagreement between this company and the Equipment Breakdown Insurer. The arbitrators shall be three in number, one of whom shall be appointed by this company, and the third appointed by consent of the other two . The decision by the arbitrators shall be binding on the parties . The Insured agrees to cooperate in furnishing information and technical data as may be required by this company in connection with such arbitration or any other method of apportionment upon which this company and the Equipment Breakdown Insurer may decide , but not to intervene therein . Except as otherwise expressly provided herein , this endorsement does not modify or waive any of the terms and conditions of this policy or affect in any way the rights of the Insured or the Company hereunder. This endorsement shall not apply unless the Equipment Breakdown Insurance Policy is similarly endorsed , and it may be cancelled by the Company on 90 days' written notice to the Insured . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 GENERAL AMENDATORY ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COLORADO COUNTIES CASUALTY AND PROPERTY POOL POLICY The following changes are hereby made to the policy, supersede any term , provision or endorsement to the contrary in this policy; and apply notwithstanding such term , provision or endorsement: In the Section entitled Excluded Property, the following are added : 8 . Air supported structures ; 9 . Watercraft; 1O. Evidence of debt; 11. Off-shore drilling rigs or platforms ; 12. Property sold under a conditional sale or trust agreement or under an installment plan after delivery to customers ; 13 . Railroad rolling stock; In the Section titled Excluded Perils , the following are added : 11 . Loss resulting from the actual , alleged or threatened presence , release , discharge , escape or dispersal of " pollutants or contaminants" , all whether direct or indirect, proximate or remote , or in whole or in part caused by, contributed to or aggravated by any physical damage insured by this policy. This exclusion does not apply to : (a) Ensuing loss or damage caused by or resulting from fire ; or (b) Loss or damage caused by or resulting from fire , lightning , aircraft impact, explosion , riot, civil commotion , smoke , vehicle impact, leakage from automatic fire protective systems or windstorm or hail . 12 . Loss resulting from change in color, flavor, texture or finish ; 13 . Indirect or remote loss or damage ; 14 . Loss resulting from insurrection , rebellion , revolution , civil war, usurped power, or action taken by governmental authority in hindering , combating , or defending against such an event; Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 15 . Loss resulting from any dishonest or criminal act (including theft) by the Insured , or any of the Insured 's partners , members , officers , managers , employees ( including temporary employees and leased workers) , directors , trustees or authorized representatives, whether acting alone or in collusion with each other or with any other party; or theft by any person to whom you entrust the property for any purpose , whether acting alone or in collusion with any other party. This exclusion : (a) applies whether or not an act occurs during your normal hours of operation ; and (b) does not apply to acts of destruction by your employees (including temporary employees and leased workers) or authorized representatives; but theft by the Insured 's employees (including temporary employees and leased workers) or authorized representatives is not covered . 16 . Loss resulting from expropriation , seizure , appropriation , nationalization , willful destruction , condemnation , requisition , or sequestration by law, order or administrative action of any government (whether civil , military, or de facto) . This exclusion does not apply to loss or damage caused by or resulting from acts of destruction ordered by any government and done at the time of a fire to prevent its spread , if the fire would be insured under this policy. 17 . Loss resulting from nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination from any cause , all whether direct or indirect, controlled or uncontrolled , proximate or remote , or contributed to or aggravated by a peril insured herein . However, if fire not otherwise excluded results , the Company will be liable for direct physical loss or damage by such resulting fire but not including any loss or damage due to nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination . 18 . Loss resulting from hostile or warlike action in time of peace or war, including action in hindering , combating or defending against an actual , impending or expected attack by any: a. governmental or sovereign power (de jure or de facto) ; b . military, naval or air force ; or c. agent or authority of any party specified in sub-paragraphs a . and b . immediately above . Under Insuring Agreement, Section II . TERRITORY is deleted and replaced with the following : Coverage applies to property located within the United States of America , including its territories and possessions . The Company is not liable for more than the limits shown in the coverage summary. All other terms and conditions remain unchanged . Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 DEFINITION OF LOSS OCCURRENCE ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following definition is added to this policy; supersedes any other definition , express or implied , of the term " Loss Occurrence" in any term , provision or endorsement to this policy; and applies not withstanding such term , provision or endorsement: 1 . " Loss Occurrence" means the sum of all individual losses arising out of and directly caused by any one disaster, accident or loss or series of disasters , accidents or losses arising out of one event which occurs anywhere within the Coverage Territory. The duration and extent of any one Loss Occurrence will be limited to all individual losses sustained by the Insured occurring during any period of 72 consecutive hours arising out of and directly caused by the same event, except: A. As regards Windstorm (including Tier 1 Counties) , Hail or Tornado , including ensuing collapse and Water Damage : all individual losses sustained by the Insured occurring during any period of 96 consecutive hours arising out of and directly caused by the same event. B . As regards the peril of Flood : all individual losses sustained by the Insured occurring during any period of 168 consecutive hours arising out of and directly caused by the peril of flood . C. As regards the perils of riot, strike or civil commotion , vandalism and malicious mischief, including losses from all other perils covered hereunder following as a result of the aforesaid perils : all losses or series of losses occurring during any period of 72 consecutive hours arising out of and directly caused by the same event. The maximum duration of 72 consecutive hours may be extended in respect of individual losses which occur beyond such 72 consecutive hours during the continued occupation of the Insured 's premises by strikers , provided such occupation commenced during the aforesaid period . D. As regards the peril of Earth Movement, including losses from all other perils covered hereunder following as a result of Earth Movement: only those individual losses covered hereunder, which commence during the period of 168 consecutive hours , may be included in the Loss Occurrence . E. As regards the peril of freeze : only those individual losses directly caused by collapse , breakage of glass , water and/or liquid damage due to burst pipes tanks or pressure vessels ; damage to machinery or equipment, stock and/or work in progress due to freeze ; and/or individual losses arising directly out of the lack of supply of power, current, coolant and/or fuel due to frozen pipes and/or frozen feed lines may be included in the Loss Occurrence . Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Except for those Loss Occurrences referred to in sub-paragraphs A. and B . above , the Insured may chose the date and time when such period of consecutive hours commences , provided that it is not earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising out of that disaster, accident or loss and provided that only one such period of consecutive hours will apply with respect to one event. However, as respects those Loss Occurrences referred to in sub-paragraphs A. and B . above , if the disaster, accident or loss occasioned by the event is of greater duration than the specified period of consecutive hours, then the Insured may divide that disaster, accident or loss into two or more Loss Occurrences, provided no two periods overlap and no individual loss is included in more than one such period and provided that no period commences earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising from that disaster, accident or loss. However, we shall not be liable hereunder for any loss or damage : a) Occurring before this policy becomes effective ; or b) Arising from an "occurrence" which is in progress at the time this policy becomes effective , even if such loss or damage occurs after this policy becomes effective ; or c) Occurring after the expiration of this policy, except loss or damage arising from an "occurrence" in progress at the time this policy expires . This provision in no way alters any Policy Limit of Liability or Sub-limit of Liability. All other terms and conditions remain unchanged . Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ADDITIONAL POLICY CONDITIONS ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. It is understood and agreed that the following provisions supersede any term , condition , provision or endorsement found elsewhere in the coverage form that is in conflict herewith , and that the following provisions will apply notwithstanding any such contrary term , provision or endorsement. LENDERS AND MORTGAGEES The Lender Loss Payable clause , Mortgageholder clause , or any clause whereby a lender or mortgagee is granted rights and privileges under this Policy, if any, shall not apply to any lender or mortgagee unless such lender or mortgagee is identified by endorsement to this Policy prior to the date of loss . LAW IN FORCE AT TIME OF LOSS If the coverage form provides coverage for Demolition and Increased Cost of Construction , Ordinance or Law, or any other coverage for loss arising out of the enforcement of any law, this Policy shall only provide such coverage as respects a law, ordinance , or regulation that was in force at the time of loss. N O WAIVER Any Full Waiver clause , Waiver of Conditions clause , or any clause whereby the Company is deemed to waive , or whereby the coverage form purports to void or alter the force , effect or meaning of, the Company's forms or endorsements issued as part of this Policy is hereby deleted . S UIT AGAINST THE COMPANY N o suit, action , or proceeding for the recovery of any claim under this Policy will be sustainable in any court unless the Insured has fully complied with all the provisions of this Policy and legal action is started within twenty- four (24) consecutive calendar months after inception of the loss . If, under the applicable insurance laws , such 24-month limitation is invalid , then any such legal action must be started within the shortest limit of time permitted by such laws . LOSS PAYABLE Loss, if any, will be adjusted with and payable to the First Named Insured or as may be directed by the First Named Insured . Additional insured interests will also be included in loss payment as their interest may appear when named as additional named insured , lender, mortgagee and/or loss payee in endorsements to this Policy. ABANDONMENT There can be no abandonment of any property to the Company. Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 LIBERALIZATION Any liberalization clause found in the coverage form , or any clause of the coverage form whereby the terms and conditions of this Policy are deemed automatically revised in conformity with any change in the coverage form , is hereby deleted . All other terms and conditions remain unchanged . Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 NUCLEAR , BIOLOGICAL , CHEMICAL , RADIOLOGICAL EXCLUSION ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART The following exclusions are added to your Policy or Coverage Part. This insurance does not apply to : A. Loss or damage arising directly or indirectly from B . Loss or damage arising directly or indirectly from the n uclear detonation , reaction , nuclear radiation or dispersal , application or release of, or exposure to , radioactive contamination , all whether controlled or chemical , radiological , or biological materials or u ncontrolled , or due to any act or condition incident agents , all whether controlled or uncontrolled , or due to any of the foregoing , whether such loss be direct to any act or condition incident to any of the foregoing , or indirect, proximate or remote , or be in whole or in whether such loss be direct or indirect, proximate or part caused by, contributed to , or aggravated by , remote , or be in whole or in part caused by, contributed any physical loss or damage insured against by this to , or aggravated by, any physical loss or damage Policy or Coverage Part, however such nuclear insured against by this Policy or Coverage Part, detonation , reaction , nuclear radiation or radioactive however such dispersal , application , release or contamination may have been caused . This exposure may have been caused . exclusion replaces any other nuclear detonation , n uclear reaction , nuclear radiation or radioactive C . If this endorsement is attached to a Commercial Inland contamination exclusions found elsewhere in this Marine Policy or Coverage Part, the term loss or Policy. damage is changed to Loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ASBESTOS MATERIAL EXCLUSION ( Named Peril Exception ) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following exclusion is added to this policy; supersedes any term , provision or endorsement to the contrary in this policy; and applies notwithstanding such term , provision or endorsement: A. This policy excludes loss or damage to asbestos , asbestos-containing product, or asbestos-containing material . B . This policy does not provide insurance against any loss , damage , cost, expense , fine or penalty resulting from or arising out of: 1. remediation of any kind , including but not limited to removal or modification , of any asbestos , asbestos- containing product, or asbestos-containing material from a building or structure of any kind , whether damaged or undamaged , and regardless of the reason such removal is undertaken , whether voluntary or compelled by government directive ; or 2 . the demolition or increased cost of reconstruction of property, the repair of property, the removal of debris , or the loss of use of property when caused by, arising out of, or undertaken due to the enforcement of any law, regulation , rule or ordinance that in any manner regulates asbestos , asbestos-containing product, or asbestos-containing material , except to the extent that coverage is provided by the Demolition and Increased Cost of Construction Additional Coverage ; or 3 . any fault in the design , manufacture , or installation of asbestos , asbestos-containing product, or asbestos- containing material . C . Notwithstanding the exclusions set forth above , this Policy covers direct physical loss or damage to asbestos , asbestos-containing product, and asbestos-containing material which is physically incorporated into an insured building or structure , including the necessary costs to remove or remediate such damaged asbestos , but only when such damage occurring during the policy period is directly and solely caused by the following perils , and then only that part of such asbestos which incurs direct physical loss or damage : fire , lightning , explosion , windstorm , hail , smoke , aircraft or vehicle impact, riot or civil commotion , vandalism , malicious mischief or accidental discharge of fire protective equipment. All other terms and conditions remain unchanged . Page 1of1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 PERMISSION FOR EXCESS INSURANCE Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART In consideration of the rate and premium for which this policy is written , the following additional provisions are hereby made a part of this policy superseding any provisions to the contrary: 1 . EXCESS INSURANCE : Permission is hereby granted to purchase insurance in excess of the Limit of Liability stated in this policy. Such excess insurance shall not be considered other insurance for the purposes of the Other Insurance clause . 2 . SALVAGE AND RECOVERIES : This clause is amended to include the following : When , in connection with any loss hereunder, any salvage or recovery is received subsequent to the payment of such loss , the loss shall be figured on the basis on which it would have been settled had the amount of salvage or recovery been known at the time the loss was originally determined . Any amount thus found to be due either party from the other shall be paid promptly. The expense of all proceedings necessary to such recoveries shall be apportioned between the interests concerned in the ratio of their respective recoveries as finally settled . If there should be no recovery and proceedings are conducted solely by this Company, the expense thereof shall be borne by this Company. All other terms and conditions of the policy remain unchanged . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 PROPERTY CYBER AND DATA ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 /1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any: 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 .2 loss , damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement, restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act. 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back-up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident. 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts, regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 .2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process , use or operate any Computer System . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 9 Computer System means : 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet, wearable device ) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 POLICYHOLDER NOTIFICATION NEWLY ACQUIRED OR CONSTRUCTED PROPERTY New location (s) added to this Policy may be subject to separate rating and/or may require a higher deductible(s) . Page 1 of 1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 COLORADO FRAUD STATEMENT It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance within the department of regulatory agencies. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 IL P 001 01 04 U . S . TREASURY DEPARTMENT ' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS N o coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . P lease read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous: • Foreign agents; • Front organizations ; • Terrorists; • Terrorist organizations ; and • Narcotics traffickers; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http//www .treas . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 Business Interruption Extension In consideration of the premium paid , and subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached , and also to the FOLLOWING ADDITIONAL CONDITIONS , EXCLUSIONS AND LIMITATIONS , this Policy is extended to cover loss resulting from necessary Interruption of Business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to the Property Insured . In the event of such Direct Physical Loss or Damage , the Underwriters shall be liable for the actual loss sustained by the Insured resulting directly from such necessary Interruption of Business , but not exceeding the reduction in Gross Earnings , as defined hereafter, less charges and expenses which are not necessary during the Interruption of Business, for a period not to exceed the lesser of: - a ) such 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 damaged , or b) eighteen ( 18 ) calendar months , commencing with the date of such Direct Physical Loss or Damage and not limited by the expiration of this Policy. Extended Period of Indemnity: The period described above shall include such length of time , not to exceed one hundred and eighty ( 180) days , to restore the Insured 's business to the condition that would have existed had no Direct Physical Loss or Damage occurred commencing with the later of the following dates : i ) The date on which the liability of the Underwriters for Direct Physical Loss or Damage would otherwise terminate ; and ii ) The date on which the repair, rebuilding or replacement of such part of the property as has been destroyed or damaged is actually completed . Due consideration shall be given to the continuation of normal charges and expenses , including payroll expenses ( but limited to ninety (90 ) days in respect of Ordinary Payroll ) , to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the Direct Physical Loss or Damage . CONDITIONS 1 . Direct Loss or Damage No claim shall be payable under this Extension unless and until a claim has been paid , or liability admitted , in respect of Direct Physical Loss or Damage to Property Insured under the Policy to which this Extension is attached and which gave rise to Interruption of Business . This Condition shall not apply if no such payment shall have been made , or liability admitted , solely owing to the operation of a Deductible in said Policy which excludes liability for losses below a specified amount. 3 . Resumption of Operations If the Insured could reduce the loss resulting from the Interruption of Business , a ) by complete or partial resumption of operation of the property, and/or b) by making use of Merchandise , Stock ( Raw, In Process or Finished ) , or any other property at the Insured 's locations or elsewhere , Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 and/or c) by using or increasing operations elsewhere , then such possible reduction shall be taken into account in arriving at the amount of loss hereunder. 4 . Expenses to reduce Loss This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension (except expenses incurred to extinguish a fire ) , and , in respect of manufacturing risks , such expense , in excess of Normal , as would necessarily be incurred in replacing any Finished Stock used by the Insured to reduce loss under this Extension ; but in no event to exceed the amount by which loss under this Extension is thereby reduced . Such expenses shall not be subject to the application of any contribution clause . EXCLUSIONS This Extension does not insure against: - 1 . increase in loss resulting from interference at the insured premises , by strikers or other persons , with rebuilding , repairing or replacing the property or with the resumption or continuation of operation ; 2 . increase in loss caused by the suspension , lapse , or cancellation of any lease , licence , contract, or order, unless such results directly from the insured Interruption of Business, and then Underwriters shall be liable for only such loss as affects the Insured's earnings during , and limited to , the period of indemnity covered under this Policy; 3 . increase in loss caused by the enforcement of any ordinance or law regulating the use , reconstruction , repair or demolition of any property insured hereunder; 4 . loss of market or any other consequential loss . LIMITATIONS 1 . The Underwriters shall not be liable for more than the smaller of either: - a ) any specific Business Interruption Sublimit stated in the Policy, or b) the Policy Limit of Liability stated in the Policy, where such includes Business Interruption , if such is a combined limit, in respect of such loss, regardless of the number of locations suffering an interruption of business as a result of any one occurrence . 2 . With respect to loss resulting from damage to or destruction of media for, or programming records pertaining to , electronic data processing or electronically controlled equipment, by the perils insured against, the length of time for which the Underwriters shall be liable hereunder shall not exceed : - a) thirty (30) consecutive calendar days or the time required with exercise of due diligence and dispatch to reproduce the data thereon from duplicates or from originals of the previous generation , whichever is less ; or, b) the length of time that would be required to rebuild , repair or replace such other property herein described as has been damaged or destroyed , but not exceeding eighteen ( 18) calendar months , whichever is the greater length of time . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 DEFINITIONS 1 . Gross Earnings are for the assessment of premium and for adjustment in the event of loss defined as , The sum of: - a ) total net sales value of production or sales of Merchandise , and b ) other earnings derived from the operations of the business, less the cost of c) Raw Stock from which production is derived , d ) supplies consisting of materials consumed directly in the conversion of such Raw Stock into Finished Stock, or in supplying the services sold by the Insured , e ) Merchandise sold including packaging materials therefor, f) materials and supplies consumed directly in supplying the service(s ) sold by the Insured , g ) service(s) purchased from outsiders (not employees of the Insured ) for resale which do not continue under contract, h ) the difference between the cost of production and the nett selling price of Finished Stock which has been sold but not delivered . No other costs shall be deducted in determining Gross Earnings . In determining Gross Earnings due consideration shall be given to the experience of the business before the date of Direct Physical Loss or Damage and the probable experience thereafter had Direct Physical Loss or Damage not occurred . 2 . Raw Stock Material in the state in which the Insured receives it for conversion into Finished Stock. 3 . Stock in Process Raw Stock which has undergone any ageing , seasoning , mechanical or other process of manufacture at the Insured's premises but which has not become Finished Stock. 4 . Finished Stock Stock manufactured by the Insured which in the ordinary course of the Insured's business is ready for packing , shipment or sale . 5 . Merchandise Goods kept for sale by the Insured which are not the product of manufacturing operations conducted by the Insured . 6 . Normal The condition that would have existed had no Direct Physical Loss or Damage occurred . 7 . Ordinary Payroll Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 The entire payroll expense for all employees of the Insured except officers , executives , department managers , and other employees under contract. LMA5039 (Amended ) 14/ 12/2005 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 DEBRIS REMOVAL ENDORSEMENT THIS ENDORSEMENT CONTAINS PROVISIONS WHICH MAY LIMIT OR PREVENT RECOVERY UNDER THIS POLICY FOR LOSS WHERE COSTS OR EXPENSES FOR DEBRIS REMOVAL ARE INCURRED . Nothing contained in this Endorsement shall override any Seepage and/or Pollution and/or Contamination Exclusion or any Radioactive Contamination Exclusion or any other Exclusion applicable to this Policy. Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to or destruction of property, for which Underwriters hereon agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay (hereinafter referred to as ' Damage or Destruction') , this Policy also insures, within the sum insured , subject to the limitations and method of calculation below , and to all the other terms and conditions of the Policy, costs or expenses ; (a) which are reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage or Destruction occurred , of debris which results from the Damage or Destruction ; and (b) of which the Assured becomes aware and advises the amount thereof to Underwriters hereon within one year of the commencement of such Damage or Destruction . 2 . In calculating the amount, if any, payable under this Policy for loss where costs or expenses for removal of debris are incurred by the Assured (subject to the limitations in paragraph 1 above) : (a) the maximum amount of such costs or expenses that can be included in the method of calculation set out in (b) below shall be the greater of US$25 , 000 (twenty-five thousand dollars) or 10% (ten percent) of the amount of the Damage or Destruction from which such costs or expenses result; and (b) the amount of such costs or expenses as limited in (a) above shall be added to : (i ) the amount of the Damage or Destruction ; and (ii ) all other amounts of loss, which arise as a result of the same occurrence , and for which Underwriters hereon also agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay; and the resulting sum shall be the amount to which any deductible or underlying amount to which this Policy is subject and the limit (or applicable sub-limit) of this Policy, shall be applied . N MA2343 24/ 11 / 1988 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 SANCTION LIMITATION AND EXCLUSION CLAUSE 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 , United Kingdom or United States of America . LMA3100 15 September 2010 WAR AND TERRORISM EXCLUSION ENDORSEMENT Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss ; ( 1 ) war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not) , civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power; or (2) any act of terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation (s) or government(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to ( 1 ) and/or (2) above . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. NMA2918 08/10/2001 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 APPLICATION OF SUBLIMITS ENDORSEMENT Named Insured: Endorsement Number: Colorado Counties Casualty and Property Pool 8 Policy Period: Effective Date of Endorsement: 1/1/2022 to 1/1/2023 1/1/2022 1 . Application To Insured Interests. 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. 2 . Application Within Perils. If insured under this policy, any sublimit for earthquake, earth movement, flood, windstorm, named storm, or named windstorm 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 such an occurrence. If flood occurs in conjunction with a windstorm, named storm, named windstorm, earthquake or earth movement, the flood sublimit applies within and erodes the sublimit for that windstorm, named storm, named windstorm, earthquake or earth movement. 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. LMA513 0 ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED ASBESTOS EXCLUSION Named Insured: Endorsement Number: Colorado Counties Casualty and Pro lefty Pool 9 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/12022 This Policy does not insure against: ( 1 ) asbestos material removal, unless the asbestos itself is damaged by fire, lightning, aircraft impact, explosion, riot, civil commotion, smoke, vehicle impact, windstorm or hail, vandalism, malicious mischief, leakage or accidental discharge from automatic fire protective systems; (2) demolition or increased cost of reconstruction, repair, debris removal or loss of use of necessitated by the enforcement of any law or ordinance regulating asbestos material; or (3 ) any governmental direction or request declaring that asbestos material present in or part of or utilized on any undamaged portion of the Insured's property can no longer be used for the purpose for which it was intended or installed and must be removed or modified. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED AUTHORITIES ENDORSEMENT Named Insured: Endorsement Number Colorado Counties Casualty and Property Pool 10 Policy Period: Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 This Policy does not insure against: It is hereby understood and agreed that with respect to the property section only : Except as specifically stated in this policy or endorsement attached thereto, the company shall not be liable for loss, damage, costs, expenses, fines, or penalties incurred, sustained by or imposed on the Insured at the order of any Government Agency, Court, or other Authority arising from any cause whatsoever. However, if any time element coverage is afforded by this policy or endorsements thereto, the coverage is extended to include any increase in the actual loss sustained by the Insured, resulting directly from an interruption of business covered hereunder, during the length of time not exceeding a thirty (30) day period when as a direct result of damage to or destruction of covered property by the peril(s) insured against, access to the premises or commencement of repairs is delayed at the order of any Govermnent Agency, Court, or other Authority . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page l of l BIOLOGICAL, CHEMICAL, OR NUCLEAR EXCLUSION ENDORSEMENT Named Insured: Endorsement Number: Colorado Counties Casualty and Property Pool 11 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . This endorsement modifies insurance provided under the following : BIOLOGICAL, CHEMICAL, OR NUCLEAR EXCLUSION ENDORSEMENT The following exclusion is added to this policy ; supersedes any term, provision or endorsement to the contrary in this policy ; and applies notwithstanding such term, provision or endorsement: • BIOLOGICAL, CHEMICAL OR NUCLEAR EXCLUSION This policy does not insure against any loss, damage, cost or expense caused by or resulting from any of the following, regardless of any other cause or event contributing concurrently or in any sequence thereto : 1 . The unlawful possession, use, release, discharge, dispersal or disposal of any chemical, bacteriological, viral, radioactive or similar agents or material regardless of who is responsible for the act, whether or not the act is certified as an act of terrorism pursuant to the federal Terrorism Risk Insurance Act, and whether war has been declared or not, and regardless of any other cause or event contributing concurrently or in any other sequence thereto ; or 2 . The unlawful possession, use, release, discharge, detonation, dispersal or disposal of any device or material capable of producing a nuclear reaction or the spread of radioactivity , regardless of who is responsible for the act, whether or not the act is certified as an act of terrorism pursuant to the federal Terrorism Risk Insurance Act, and whether war has been declared or not, and regardless of any other cause or event contributing concurrently or in any other sequence thereto . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page 1 of 1 CERTIFICATES OF INSURANCE ENDORSEMENT Named Insured: Endorsement Number Colorado Counties Casualty and Property Pool 12 Policy Period : Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : The following provisions are added to this policy and supersede and replace any conflicting provision in this Policy (including in any other endorsement hereto) : Any Certificate of Insurance issued in connection with this Policy , whether by or on behalf of the Company or an Insured , shall be issued solely as a matter of convenience or information of the addressee (s) or holder(s) of such certificate of insurance . A Certificate of Insurance does not confer any rights upon any person or entity , nor alter any term or condition of this Policy . Additional Named Insureds may only be added to this policy by an endorsement . All other terms and conditions remain unchanged . Page 1 of &q u of Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 13 Policy Symbol Policy Number Policy Period Effective Date of Endorsement SLSTPTY11557422 1/1/2022 to 1/1/2023 1/1/2022 Issued By (Name of Insurance Company ) Starr Surplus Lines Ins. Company THIS ENDORSEMENT CHANGES THE POLICY, PLEASE READ IT CAREFULLY. COMMUNICABLE DISEASE EXCLUSION This endorsement modifies insurance provided by this policy : The exclusion set forth below applies to all coverages, coverage extensions, supplemental coverages, optional coverages, and endorsements that are provided by the policy to which this endorsement is attached, including, but not limited to, those that provide coverage for property or time element losses (including, but not limited to, gross earnings, gross profits, business interruption, extra expense, rental value, contingent business interruption, contingent time element, leader or attraction property, and interruption by civil or military authority) . The Company does not insure any loss, cost, damage or expense, directly or indirectly caused by, resulting from, arising out of, attributable to, contributed to, or occurring concurrently or in any sequence with a communicable disease or communicable disease agent. This exclusion applies to, but is not limited to, any loss, cost, damage, or expense as a result of: a. any contamination by any communicable disease or communicable disease agent; b . any denial, restriction, or impairment of access to property because of the existence, threat, or suspected presence of any communicable disease or communicable disease agent; or c. any deterioration, loss of value, loss of marketability, or loss of use to tangible or intangible property insured hereunder directly or indirectly caused by or arising out of any communicable disease or communicable disease agent. No coverage extension, additional coverage, exception to any exclusion, endorsement, or any other coverage grant shall afford coverage that would otherwise be excluded through this exclusion. Additionally, the phrase "loss, cost, damage or expense," as used herein includes, but is not limited to : (a) any cost to clean-up, detoxify, remove, monitor or test: ( 1 ) for a communicable disease or communicable disease agent; or (2) any tangible or intangible property insured hereunder that is affected or suspected to be affected by such communicable disease or communicable disease agent; and (b) any time element losses, including any time element coverage extensions, directly or indirectly caused by , resulting from, arising out of, attributable to, or contributed to by such communicable disease or communicable disease agent. As used herein, words in bold have the following meanings: "Communicable disease" means any infectious or contagious disease : 1 . Caused by any communicable disease agent; and 2. Regardless of the method of transmission, whether direct or indirect, including, but not limited to, airborne transmission, bodily fluid transmission, transmission from or to any surface or object, solid, liquid or gas or between humans, animals, or from any animal to any human or from any human to any animal. "Communicable disease agent" means any infectious or contagious agent, including, but not limited to : a virus, bacterium, parasite, or other organism, or any mutation thereof, whether deemed living or not, that causes or could cause disease, illness, or physical distress to human health. All other terms and conditions of the policy remain the same Starr — 04/20 Page 1 of 1 ELECTRONIC DATA ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 14 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 ELECTRONIC DATA ENDORSEMENT A 1. Electronic Data Exclusion Notwithstanding any provision to the contrary within the Policy or any endorsement thereto, it is understood and agreed as follows : - a) 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 therefrom, 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' . b) However, in the event that a peril listed below results from any of the matters described in paragraph a) above, this Policy, subject to all its terms, conditions and exclusions, will cover physical damage occurring during the Policy period to property insured by this Policy directly caused by such listed peril. Listed Perils Fire Explosion 2. Electronic Data Processing Media Valuation Notwithstanding any provision to the contrary within the Policy or any endorsement thereto, it is understood and agreed as follows : - Should electronic data processing media insured by this Policy suffer physical loss or damage insured by this Policy , then the basis of valuation shall be the cost to repair, replace or restore such media to the condition that existed immediately prior to such loss or damage, including the cost of reproducing any ELECTRONIC DATA contained thereon, providing such media is repaired, replaced or restored. Such cost of reproduction shall include all reasonable and necessary amounts, not to exceed $ 10,000, 000 any one loss, incurred by the Assured in recreating, gathering and assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Policy does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party , even if such ELECTRONIC DATA cannot be recreated, gathered or assembled . NMA 2914 (25 . 1 .01 ) Form approved by Lloyd's Underwriters' Non-Marine Association Limited MILLENNIUM ENDORSEMENT Named Insured: Endorsement Number: Colorado Counties Casualty and Property Pool 15 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 The policy is hereby amended as follows: A. The Insurer will not pay for Damage or Consequential Loss directly or indirectly caused by, consisting of, or arising from, the failure of any computer, data processing equipment or media microchip, operating systems, microprocessor (computer chip), integrated circuit or similar device, or any computer software, whether the property of the Insured or not, and whether occurring before, during or after the year 2000 that results from the inability to : 1 . correctly recognize any date as its true calendar date; 2 . capture, save, or retain and/or correctly manipulate, interpret or process any data or information or command or instruction as a result of treating any date other than its true calendar date; and/or 3 . capture, save, retain or correctly process any data as a result of the operation of any command which has been programmed into any computer software, being a command which causes the loss of data or the inability to capture, save, retain or correctly process such data on or after any date. B . It is further understood that the Insurer will not pay for the repair or modification of any part of an electronic data processing system or its related equipment, to correct deficiencies or features of logic or operation. C. It is further understood that the Insurer will not pay for Damage or Consequential Loss arising from the failure, inadequacy , or malfunction of any advice, consultation, design evaluation, inspection installation, maintenance, repair or supervision done by the Insured or for the Insured or by or for others to determine, rectify or test, any potential or actual failure, malfunction or inadequacy described in A. above. Such damage or Consequential Loss described in A, B, or C above, is excluded regardless of any other cause that contributed concurrently or in any other sequence. This endorsement shall not exclude subsequent Damage or Consequential Loss, not otherwise excluded, which itself results from a Defined Peril. Defined Peril shall mean: fire, lightning, explosion aircraft or vehicle impact, falling objects, windstorm, hail, tornado, hurricane, cyclone, riot, strike, civil commotion, vandalism, malicious mischief, earthquake, volcano, tsunami, freeze or weight of snow. Nothing herein contained shall be held to vary, alter, waive or change any of the terms, limits or conditions of the policy, except as herein above set forth. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page 1 of 1 MOLD EXCLUSION Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 16 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 This policy does not insure any loss, damage or expense consisting of, caused by, contributed to, or aggravated by mold, moss, mildew, fungi, spores, bacterial infestation or any similar organism, wet or diy rot and extremes of temperature or humidity, whether directly or indirectly the result of a covered peril. This includes, but is not limited to, the cost for investigation, testing, remediation services, extra expense or business interruption. Such loss is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss. If loss otherwise covered by this policy occurs and the cost of removal of debris is increased due to the presence of rust, mold, moss, fungus, bacterial infestation, wet or dry rot and extremes of temperature or humidity , this policy will only be liable for the costs of debris removal which would have been incurred had no such factors been present in, on, or about the covered property to be removed. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page 1of1 OCCURRENCE LIMIT OF LIABILITY ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 17 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 It is agreed that the following special terms and conditions apply to this policy : 1 . The limit of liability or Amount of Insurance shown on the face of this policy, or endorsed on this policy, is the total limit of the Company's liability applicable to each occurrence, as hereafter defined. Notwithstanding any other terms and conditions of this policy to the contrary, in no event shall the liability of the Company exceed this limit or amount irrespective of the number of locations involved. The term "occurrence" shall mean, any one loss, disaster, casualty, or series of losses, disasters, or casualties, arising out of one event. When the term applies to loss or losses from the perils of tornado, cyclone, hurricane, windstorm, hail, flood, earthquake, volcanic eruption, riot, riot attending a strike, civil commotion, vandalism and malicious mischief, or terrorism, one event shall be construed to be all losses arising during a continuous period of 72 hours. When filing proof of loss, the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced, which may not be earlier than the time when the first loss to covered property occurs. 2 . The premium for this policy is based upon the Statement of Values provided to the Insurer(s) by or on behalf of the Insured and kept on file by the Insurer(s) . In the event of loss under the policy, the liability of the Insurer(s) shall be limited to the least of the following: a. ) The actual adjusted amount of loss, less applicable deductible(s) ; b .) Deleted. c. ) Any other Limit of Liability or Sublimit of Insurance or Amount of Insurance specifically stated in this policy to apply to any particular insured loss or coverage or location. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page 1 of 1 POLITICAL RISK EXCLUSION Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 18 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 Loss of property due to Political Risks is hereby excluded. Political Risks are defined as follows: "Confiscation, expropriation, nationalization, commandeering, requisition or destruction of or damage to property by order of the Government de jure or de facto or any public, municipal or local authority of the country or area in which the property is situated; seizure or destruction under quarantine or customs regulation" ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page l of l RADIOACTIVE CONTAMINATION EXCLUSION CLAUSE - PHYSICAL DAMAGE - DIRECT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 19 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 This policy does not cover any loss or damage arising directly or indirectly from nuclear reaction, nuclear radiation or radioactive contamination however such nuclear reaction, nuclear radiation or radioactive contamination may have been caused NEVERTHELESS if Fire is an insured peril and a Fire arises directly or indirectly from nuclear reaction, nuclear radiation or radioactive contamination any loss or damage arising directly from that Fire shall (subject to the provisions of this policy) be covered EXCLUDING however all loss or damage caused by nuclear reaction, nuclear radiation or radioactive contamination arising directly or indirectly from that Fire. *Note - If Fire is not an insured peril under this policy the words from "NEVERTHELESS" to the end of the clause do not apply and should be disregarded. 7/5/59 NMA 1191 ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Page 1 of 1 SERVICE OF PROCESS CLAUSE ENDORSEMENT Named Insured: Endorsement Number: Colorado Counties Casualty and Property Pool 20 Policy Period: Effective Date of Endorsement: 1/1/2022 to 1/1/2023 1/1/2022 Service of process may be made upon counsel at: Legal Department Starr Surplus Lines Insurance Company 399 Park Avenue New York, NY 10022 or his or her representative, and that in any suit instituted against the Insurer upon this policy, the Insurer will abide by the final decision of such court or of any appellate court in the event of an appeal. Further, pursuant to any statute of any state, territory, or district of the United States which makes provision therefore, the Insurer hereby designates the Superintendent, Commissioner or Director of Insurance, or other officer specified for that purpose in the statute, or his or her successors in office, as its 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 any beneficiary hereunder arising out of this policy of insurance and hereby designates the above referenced counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof. All other terms and conditions of this policy remain unchanged. Attached to and forming part of Starr Surplus Lines Insurance Company Policy No . SLSTPTY11557422 Copyright © Starr Surplus Lines Insurance Company . All rights reserved. Includes copyrighted material of Insurance Services Office, Inc. , with its permission FORM SSIL-0005 (07/20) Page 1 of 1 TRADE OR ECONOMIC SANCTIONS ENDORSEMENT Named Insured: Endorsement Number Colorado Counties Casualty and Property Pool 21 Policy Period: Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 This insurance does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit us from providing insurance, including, but not limited to, the payment of claims. All other terms and conditions of policy remain unchanged. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED ALL-21101 ( 11/06) Page 1 of 1 TERRORISM EXCLUSION (FOR CERTIFIED ACTS OF TERRORISM UNDER THE TERRORISM RISK INSURANCE ACT, AS AMENDED) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 22 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This Policy excludes loss, damage, cost or expense, arising directly or indirectly as a result of a "certified act of terrorism" as defined by the Terrorism Risk Insurance Act of 2002, as amended ("the Act"), and any revisions or amendments thereto, regardless of any other cause or event contributing concurrently or in any other sequence to the loss. For purposes of this endorsement and in compliance with the Act, "certified act of terrorism" shall mean an act that is 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 pursuant to the Act. The criteria contained in that Act for a "certified act of terrorism" include the following: 1 . The act resulted in aggregate losses in excess of $5 million; and 2 . The act is a violent act or an act that is dangerous to human life, property or infrastructure and is 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. However, if an act of terrorism results in a fire and the direct physical loss or damage to property insured hereunder located in any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, each of the United States Virgin Islands and any territory or possession of the United States, that, either pursuant to the Standard Fire Policy or otherwise, prohibits exclusions for acts of terrorism that result in fire, this Company will pay for the loss or damage caused by that fire. Such coverage for fire applies only to direct loss or damage to property insured hereunder and may be limited, in accordance with the Standard Fire Policy to the lesser of the actual cash value of the property at the time of the loss, or the amount which it would cost to repair or replace the property, without allowance for any increased cost of repair or replacement by reason of any ordinance or law, and without any compensation for business interruption, extra expense to continue business activities, or any other coverage for loss or damage other than direct physical loss or damage to the property insured hereunder. With respect to fire resulting from any one or more acts of terrorism, this Company will not pay any amounts for which this Company is not responsible under the terms of the Act (including subsequent Congressional action pursuant to the Act) due to the application of Section 103 of the Act or any clause that results in a cap on our liability for payments for terrorism losses. 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 IN ANY ONE CALENDAR YEAR EXCEEDS $ 100 BILLION. IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED $ 100 BILLION, COVERAGE MAY BE REDUCED. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED . Form #61330 ( 1 /15 ) Page 1 of 1 TOTAL TERRORISM EXCLUSION Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 23 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This Endorsement only applies in the United States of America and its Territories and Possessions. Notwithstanding any provision to the contrary within this Policy or any endorsement thereto, it is agreed that this Policy excludes loss, damage, cost, or expense of whatsoever nature directly or indirectly caused by , resulting from, or in connection with any act of terrorism regardless of any other cause or event contributing concurrently or in any other sequence to the loss. For the purpose of this endorsement, an "act of terrorism" means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s) or govermnent(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage, cost, or expense of whatsoever nature directly or indirectly caused by, resulting from, or in connection with any action taken in controlling, preventing, suppressing, or in any way relating to any act of terrorism. However, if an act of terrorism results in a fire and the direct physical loss or damage to property insured hereunder located in any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, each of the United States Virgin Islands and any territory or possession of the United States, that, either pursuant to the Standard Fire Policy or otherwise, prohibits exclusions for acts of terrorism that result in fire, this Company will pay for the loss or damage caused by that fire. Such coverage for fire applies only to direct loss or damage to property insured hereunder and may be limited, in accordance with the Standard Fire Policy to the lesser of the actual cash value of the property at the time of the loss, or the amount which it would cost to repair or replace the property, without allowance for any increased cost of repair or replacement by reason of any ordinance or law, and without any compensation for business interruption, extra expense to continue business activities, or any other coverage for loss or damage other than direct physical loss or damage to the property insured hereunder. With respect to fire resulting from any one or more "certified acts of terrorism" as defined under the Federal Terrorism Risk Insurance Act of 2002, as amended ("the Act"), this Company will not pay any amounts for which this Company is not responsible under the terms of the Act (including subsequent Congressional action pursuant to the Act) due to the application of Section 103 of the Act or any clause that results in a cap on our liability for payments for terrorism losses. 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 IN ANY ONE CALENDAR YEAR EXCEEDS $ 100 BILLION. IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED $ 100 BILLION, COVERAGE MAY BE REDUCED. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED . Form #61331 ( 1 /15 ) Page 1 of 1 WAR AND TERRORISM EXCLUSION ENDORSEMENT - NMA 2918 Named Insured Endorsement Number Colorado Counties Casualty and Pro- )erty Pool 24 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 This endorsement applies outside the United States and its Territories and Possessions. Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss; ( 1 ) war, invasion, acts of foreign enemies, hostilities or warlike operations (whether war be declared or not), civil war, rebellion, revolution, insurrection, civil commotion assuming the proportions of or amounting to an uprising, military or usurped power; or (2) any act of terrorism. For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to ( 1 ) and/or (2) above. If the Underwriters allege that by reason of this exclusion, any loss, damage, cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured. In the event any portion of this endorsement is found to be invalid or unenforceable, the remainder shall remain in full force and effect. Form #NMA2 918 WAR AND TERRORISM EXCLUSION ENDORSEMENT (Reinsurance) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool 25 Policy Period Effective Date of Endorsement 1/1/2022 to 1/1/2023 1/1/2022 Notwithstanding any provision to the contrary within this reinsurance or any endorsement thereto it is agreed that this reinsurance 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 contributing concurrently or in any other sequence to the loss; ( 1 ) war, invasion, acts of foreign enemies, hostilities or warlike operations (whether war be declared or not), civil war, rebellion, revolution, insurrection, civil commotion assuming the proportions of or amounting to an uprising, military or usurped power; or (2) any act of terrorism. For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation(s) or government(s), committed for political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to ( 1 ) and/or (2) above. If the Reinsurers allege that by reason of this exclusion, any loss, damage, cost or expense is not covered by this reinsurance the burden of proving the contrary shall be upon the Reassured. In the event any portion of this endorsement is found to be invalid or unenforceable, the remainder shall remain in full force and effect. Form #NMA2 919 -* S TA RR SPECIALTY LINES A Member of Starr Companies TO OUR BROKERS/AGENTS IMPORTANT NOTICE - TO BE KEPT WITH POLICY WHAT TO DO WHEN A LOSS OCCURS 1 . Report as soon as practicable , every incident , loss or damage ( LOSS NOTICES ) which may become a claim to : StarrPoolClaims@starrcompanies . com 2 . Starr Specialty Lines Insurance Agency , LLC claims CANNOT be processed through any other facility and must be reported as indicated above . 3 . Adjusters can ONLY be assigned by Starr Specialty Lines Insurance Agency , LLC Property Claims Department . 1.1:61 PLACEMENT SERVICES RPS Specialty Market Policy Notices for the Policy Holder and Retail Producer This form is NOT a part of the policy and does NOT amend policy wording , but is designed to be delivered when the policy is provided to the Policy Holder. When using "you" or "your" the form is addressing the Policy Holder; when using " Producer" it refers to the Retail Producing Entity and/or their production person ; RPS is used for Risk Placement Services , Inc. Assignment : This Policy or Certificate may not be assigned to another entity without the written consent of the Insurer. The policy wording should be reviewed carefully for this provision before any assignment attempt is made . Audits : If your insurance policy includes general liability, product liability and/or completed operations liability, your policy is subject to an audit on a Minimum and Deposit basis . Liability premiums are often calculated using estimated exposures for a future period of time , for example gross annual sales , payroll and subcontractor costs . At the end of your policy period , the company may audit the actual exposures for your policy period . If the exposures are higher than estimated , additional premium will be due . If the exposures are lower than estimated , and the premium already paid is a Minimum and Deposit premium then no premium adjustment will be made , and no return premium will be issued . The Producer should review any Audit Condition from the policy with you . The Producer is responsible for collecting any audit premiums due within 20 days of the billing , unless otherwise noted . Binding Coverage : Coverage can only be bound after a written request is received and acknowledged by RPS . Cancellation : The policy has specific cancellation provisions that should be reviewed , and may be subject to special endorsements based on the State regulations . Flat cancellations are not allowed . In order to cancel you need to make written request in advance of the requested date . The policy also contains provisions that establish minimum earned premiums , minimum and deposit premiums or fully earned premiums . Cancellation for non-payment of premium , including failure to pay outside financing , is generally considered to be at the request of the Insured and therefore subject to financial penalties as described in the policy. If a Notice of Cancellation is sent for non-payment , there may be a Service Fee ( not a premium ) required to effect a rescission of the Notice . The amount of the fee will typically be shown on the Notice , and must be paid by the party requesting the rescission . The policy may not continue if the Service Fee is not paid . Certificates of Insurance : You may request Certificates of Insurance from the Producer that placed your insurance policy. Such Certificates cannot contain wording contrary to the Policy Coverage as provided . Additional Insureds , often requested with Certificates of Insurance , generally require an Additional Premium , and can only be added after the Insurer knows of the insurable interest and accepts the entity as being added to the policy. Producers can access the RPS website to obtain many Certificates or make special coverage change requests via endorsement as needed to satisfy certain Certificate Holders , keeping in mind such additional coverages may require additional premium charges . Claims Reporting : Report all claims as soon as possible. The policy will define what constitutes a claim . The policy contains specific address , phone , or website information as to where and how to report a claim . Most Insurers maintain 24/7 service of such numbers . Your Producer may also assist you with filing a claim , and they have access to the RPS website https ://my. rpsins.com/claimsfnol and/or RPS claim reporting toll free number 1 -844-777-8323 to do so , however, you should review the claim reporting provision of the policy. If your policy is a "claims-made" policy, it is essential to understand what constitutes a claim from the language in the policy, and also know that all claims must be reported to the insurer as soon as possible . Both the policy and your broker can instruct you how and where to submit a claim . If a claim is reported after the time period specified in the policy, the insurer may deny coverage . Do not offer to compromise or settle any claim or demand without the insurer's prior agreement, or you will risk losing coverage . Coverage : This policy may not be as broad in scope as the policy it replaces nor as the coverage requested . This policy was issued to reflect the coverage as quoted by RPS to your Producer. Your Producer should review the entire contract of insurance with you . Endorsements : Additional coverage , changes or revisions are subject to acceptance of the Insurer and must be endorsed to the policy. The Producer has no authority to endorse or change the policy, but should submit in writing the requested changes to RPS who will work with the Insurer to effect endorsement's acceptability to the Insurer. Coverage is not in force until confirmed by RPS . RPS-159 (2020. 09) Page 1 of 2 IMTS PLACEMENT SERVICES Fees : Unless otherwise noted , all Fees are fully earned at the time of placement of this insurance and are not subject to pro-rata return if the policy is cancelled . Financing : Any premium financing is a contractual relationship between the Premium Finance Company ( PFC) and the Borrower. The Insurer, Agents , nor Brokers are parties to the Finance Agreement, and policy wording will not be amended to any contractual provisions therein . All such contracts must be set up showing the Insurer's Name c/o Risk Placement Services , Inc. , using the RPS branch address where the policy was placed . Once financed , it is the duty of the Producer to inform the PFC of any changes to the contract, additional or return premiums , and cancellation of the policy. Forms Signed & Returned : The policy may have been delivered with forms that require the signature of the Named Insured . Such forms should be signed and returned to the Producer immediately, so they can in turn provide them to RPS , who will post them to the Insurer files . Inspections : To keep coverage in force , an inspection may be required , and provisions for this are in the policy. Producer should review with the Policy Holder the need to arrange site appointments with inspectors , who may be vendors . Minimum Earned Premium : This quotation/policy may include a Minimum Earned Premium provision , expressed as a percentage and/or dollar amount. This means that if the insurance policy is cancelled by you for any reason , the company will retain no less than the Minimum Earned Premium . Example: The policy premium is $ 1 , 000 and the Minimum Earned Premium is 25%. The policy is an annual policy and is cancelled after 2 days of being in force. The company would retain at least 25% of the premium ($ 1 , 000 X 25 % = $250 and return no more than $ 750. Producer Not Agent: The Producer is a representative of the Policy Holder / Named Insured , and as such does not act as an Agent of the Insurer nor of RPS . Transportation Policies : Report all newly hired drivers as soon as possible . Report all newly acquired vehicles prior to putting them in service and/or on the road . RPS-159 (2020. 09) Page 2 of 2 Policy Declarations WeSitheSter A Chubb Company TM Policy No. D38095432 005 Renewal of: D38o95432 OO4 NAMED INSURED & MAILING ADDRESS Colorado Counties Casualty and Property Pool c/o CTSI 800 Grant Street, Suite 400 Denver, CO 80203 POLICY PERIOD When Covera e Be ins : of of 2022 12 : 01 A. M . Local Time At The Location Of Covered g g / / Property p Y 12 : 01 A. M . Local Time At The Location Of Covered When Coverage Ends : 01/01/2023 Property INSURING COMPANY Producer's Name & Address : RISK PLACEMENT SERVICES INC GEORGIA 400 BUSINESS CENTER 2400 Westchester Surplus Lines LAKEVIEW PKWY SUITE 675 Insurance Company ALPHARETTA, GA 30009 Producer No : 272039 COLORADO SURPLUS LINES NOTIFICATION THIS CONTRACT IS DELIVERED AS A SURPLUS LINE COVERAGE UNDER THE " NONADMITTED INSURANCE ACT" . THE INSURER ISSUING THIS CONTRACT IS NOT LICENSED IN COLORADO BUT IS AN ELIGIBLE NONADMITTED INSURER. THERE IS NO PROTECTION UNDER THE PROVISIONS OF THE " COLORADO INSURANCE GUARANTY ASSOCIATION ACT" . Surplus Lines Broker (name or initials) ATTACHED FORMS This policy is completed by the following: BB-5W58a-PA (05/ 18) and forms and endorsements attached thereto. Authorization Information JOHN, 3. LURCA, President Authorized Representative SLPD- PA (04/18) Westchester Common Policy Declarations A Chubb Company Policy Number: D38095432 005 Company Name : Westchester Surplus Lines Insurance Company Named Insured & Mailing Address : Producer's Name & Address : Colorado Counties Casualty and Property Pool RISK PLACEMENT SERVICES INC c/o CTSI GEORGIA 400 BUSINESS CENTER 2400 LAKEVIEW 800 Grant Street, Suite 400 PKWY SUITE 675 Denver, CO 80203 ALPHARETTA, GA 30009 272039 General Policy Business Description : Municipality Information When Coverage Begins : 01/ 01/ 2022 12 : 01 A.M. Local Time At The Location Of Covered Property When Coverage Ends : 01/01/2023 12 : 01 A.M. Local Time At The Location Of Covered Property In return for the payment of premium, and subject to all the terms and conditions of this policy, we agree to provide the insurance as stated in this policy. The premium for this policy is indicated below next to the applicable Coverage Form(s) . Coverage Form Colorado Counties Casualty and Property Pool Manuscript Policy orm $ 624, 000 THIS CONTRACT IS DELIVERED AS SURPLUS LINES $ INSURANCE UNDER THE ' NONADMITTED INSURANCE $ ACT. THE INSURER ISSUING THIS CONTRACT IS NOT ADMITTED IN COLORADO BUT IS AN ELIGIBLE NONADMITTED INSURER. THERE IS NO PROTECTION $ UNDER THE PROVISIONS OF THE 'COLORADO INSURANCE GUARANTY ASSOCIATION ACT. $ Joel D. Cavaness $ Total Premium: $ 624, 000 Total Assessments, Fees, Surcharges, Taxes : $ 0 Total Amount Due : $ 624, 000 Minimum Earned Premium : $ 156 , 000 Premium : $624, 000 . 00 CO Surplus Lines Tax : $ 18,720 . 00 Attached Forms See Forms Schedule CPfs2-PA Total Charges : $642 , 720 . 00 Information To Report a Loss • Dial toll -free # 1 (844) 777 -8323 or visit our Authorization • Website : https ://my. rpsins . com/claimsfnol Information • Contact Insurer directly (see policy section) JOHN J. LrUPIC.A. President Authorized Representative These Declarations together with the Coverage Declarations, Common Policy Conditions and Coverage Conditions (if applicable) , Coverage Form(s) and Forms and Endorsements, if any, issued to form a part thereof, complete the above numbered policy. BB-5W58a-PA (05/ 18) ©Chubb. 2018. All rights reserved. Page 1 of 1 Forms Schedule Company: Westchester Surplus Lines Insurance Company SYM : FS Policy ID : D38o95432 005 Policy Period When Coverage Begins : 01/01/2022 12 : 01 A.M. Local Time At The Location Of Covered Property When Coverage Ends : 01/01/2023 12 : 01 A.M. Local Time At The Location Of Covered Property Applicable to SLPD-PA (04/18)-Surplus Lines Declarations all Coverage BB-5W58a -PA (05/18)-Common Policy Declarations Parts SL-34255a (01/16)-Service of Suit Endorsement TRIA24a (08/20) -Policyholder Disclosure Notice of Terrorism Insurance Coverage ALL-20887 (10/06)-CHUBB Producer Compensation Practices & Policies ALL-21101 (11/06)-Trade or Economic Sanctions Endorsement ALL-22368 (06/07)-Colorado Fraud Statement IL P o01 01 04-U.S. Treasury Departments' Office of Foreign Assets Control ("OFAC") Advisory Notice to Policyholders MA-608255p (04/15)-Claims Directory Property and Inland Marine LD-5523k (03/21)-Signature Endorsement Commercial Colorado Counties Casualty and Property Pool Manuscript Policy Form ACEo210 (01/08)-Nuclear, Biological, Chemical, Radiological Exclusion Property Endorsement ACEo61 (08/18)-Asbestos Material Exclusion (Named Peril Exception) ACE126 (10/14)-Electronic Data Amendment Endorsement AGP-53329a (04/2o)-Exclusion Of Loss Due To Virus, Bacteria or Microorganism That Induce Physical Distress, Illness Or Disease ALL-1075o (01/15)-Terrorism Exclusion Endorsement ACEo990 (02/21)-Participation Clause Commercial Not Covered Inland Marine Commercial Not Covered General Liability Commercial Not Covered Equipment Breakdown CPfs2-PA (03/19) Page 1 of 1 Coverage Summary 1 . This policy covers Blanket Real , Personal Property, Contractors Equipment, Fine Arts , Glass, Valuable Papers , Data Processing Equipment and Media , Business Interruption ( Business Income) Extra Expense , Builders Risks and Installations , Transit, and Vehicle Damage. 2 . LIMIT OF LIABILITY The insurer(s) shall not be liable hereunder in any one loss , casualty or disaster for more than $ 100, 000, 000 Per Occurrence . For sublimits refer to Insuring Agreement, paragraph III . Insuring Agreement I . NAMED OF INSURED It is agreed that the unqualified word " Insured" wherever used in this insurance includes not only the Named Insured but also any official , trustee or employee of the Named Insured while acting within the scope of his duties as such , and any person , organization , trustees or estate to whom the Named Insured is obligated by virtue of written contract or agreement to provide insurance such as is offered by this Insurance , but only in respect to operations by or on behalf of the Named Insured . II . TERRITORY Coverage applies to property located within the 50 states comprising the United States of America and the District of Columbia . III . ULTIMATE NET LOSS In calculating the amount of Ultimate Net Loss , this insurance is deemed to have the following maximum sublimits: A . $ 50 , 000 , 000 In the aggregate annually as respects Earthquake Loss B . $ 5,000,000 In the aggregate as respects any Flood loss in Zones A, AO, AE, AH, A1 -30, A99, AR C . $ 50 , 000 , 000 In the Aggregate as respects all other Flood loss D . $ 50 , 000 , 000 In the aggregate annually for all Flood losses combined E . $ 25 ,000 ,000 Newly Acquired Property — 90 Days from the date of acquisition ; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition F $ 250 , 000 Accounts Receivable G . $ 5 ,000 ,000 Builders' Risks , Renovations, Repairs made by the Insured at any location (including new locations with total contract cost under $5 ,000 ,000) within the territorial limits of the policy, any one occurrence . Any Builders' Risks , Renovations , Repairs with total contract costs over $5 , 000 , 000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 1 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 H . $ 1 , 000, 000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; $50, 000 Unscheduled Locations I . $ 500, 000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity J . $ 250 ,000 Civil Authority — 4 Weeks Maximum K. $ 250 , 000 Ingress/Egress — 4 Weeks Maximum L. $ 2 ,500, 000 Unnamed Location , Any One Occurrence M . $ 100 ,00 Personal Property of Employees at a described Location N . $ 50, 000 Personal Property of Others while on the Insured's property O . $ 10 , 000 , 000 Ordinance or Law P . $ 10 , 000 , 000 Extra Expense Q . $ 1 , 000 , 000 Expediting Expense R. $ 1 , 000 , 000 Property in Transit S . $ 10 , 000 , 000 Contractors ' Equipment subject to maximum $ 1 , 500 , 000 per item T. $ 5 ,000, 000 Fine Arts subject to maximum $500 ,000 per item U . $ 1 , 000 , 000 Fire Fighting Materials V. $ 250 , 000 Furs, Jewelry, Precious Stones and Metals not used for industrial purposes W. $ 250, 000 Loss Adjustment Expenses/Professional Services X . $ 10 , 000 , 000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation Y. $ 1 , 000 , 000 Errors or Omissions Z. $ 1 , 000 , 000 Vehicle Physical Damage — Over the Road AA. $ 25 ,000 in the Annual Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured subject to a $ 1 ,500 ,000 Annual Aggregate for all members BB . $ 100 , 000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement CC. $ 100 , 000 Trees and Shrubs DD . $ 10 , 000 ,000 Valuable Papers Policy Deductible: Each claim for loss or damage separately occurring shall be adjusted separately and from each adjusted claim , the amount of $ 150 , 000 shall be deducted . Notwithstanding the foregoing , the deductible amount applying to certain peril(s) insured against by this policy shall be as follows . If two or more deductible amounts provided in this Policy apply to a single Occurrence , the total to be deducted shall not exceed the largest deductible applicable unless otherwise stated in this Policy. Name of Insured : Colorado Counties Casualty and Property Pool Page 2 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Flood Deductible: $ 150 ,000 Per Occurrence except as noted below: Flood Zone A: 2% per building or structure of the sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy; Minimum $ 1 , 000 ,000 Per Occurrence as respects locations wholly or partially within Special Flood Hazard Areas (SFHA), areas of 100-year flooding , as defined by the Federal Emergency Management Agency (FEMA) . Wind/Hail Deductible: 2% per building or structure of the Sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy subject to a minimum deductible of $ 1 ,000 ,000 Per Occurrence . Earthquake Deductible : $ 150 ,000 Per Occurrence Service Interruption Deductible : 24 Hours IV. SERVICE ORGANIZATION This Insurance is issued to the Insured on the express condition that the Insured undertakes to utilize at all times the services of County Technical Services , Inc. Claims Management Department. This Service Organization shall perform the following duties: A. Discharge the Insured's obligation under the terms of this agreement by administering a complete claims handling program . B . Maintain accurate records of all reported claims and details incident to loss and expense payments . C . Furnish monthly claims records on an approved form . The acceptance of these services shall be a condition precedent to any liability, which may attach to the Company in accordance with the terms and conditions of this Insurance . Property Insurance AGREEMENT A — BUILDING ANDPERSONAL PROPERTY: Company agrees , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to all Real or Personal Property of every kind and description , wherever located , occurring during the period of this Insurance . AGREEMENT B — VEHICLE PHYSICAL DAMAGE —while on premises (excluding over the Road) : Company agree , subject to the limitations, terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss while on premises (excluding over the road ) AGREEMENT C — VEHICLE PHYSICAL DAMAGE —while over the road : Company agree , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss , including Collision of the Automobile with another object. Name of Insured : Colorado Counties Casualty and Property Pool Page 3 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Definitions/Provisions 1 . PROPERTY OF THE INSURED : The term "Insured's Property" shall mean all Real and Personal Property, including leasehold improvements or betterments which the Insured owns , property which the Insured holds on consignments or agrees to insure by any contractual agreement normal to its operations . 2 . VEHICLE : The term "VEHICLE" shall mean any motor vehicle , trailer or semi-trailer, including its equipment and any other equipment permanently attached thereto . The word "Trailer" shall include semi-trailer. 3 . ULTIMATE NET LOSS : The words "Ultimate Net Loss" in respect of this section shall be understood to mean the loss sustained by the Insured after making deductions for all recoveries and salvages . 4. VALUABLE PAPERS: The term "Valuable Papers" shall mean written , printed or otherwise inscribed documents and records , including books , maps, film , drawings , abstracts, deeds , mortgages and manuscripts , but does not mean money and securities, but includes additional costs to research or restore damaged documents, drawings or records . 5 . ACCOUNTS RECEIVABLE : The term "Accounts receivable" shall mean : a . All sums due the Insured from customers provided the Insured is unable to effect collections thereof as the result of covered loss or damage to records of accounts receivable ; b . Interest charges on any loan to offset impaired collections pending repayment of such sums made uncollectible by such loss or damage: c. Collection expense in excess of normal collection caused and made necessary because of such loss or damage; d . Other expenses when reasonably incurred by the Insured in re-establishing records of accounts receivable following such loss and I or damage . The following Special exclusions apply to Accounts Receivable Coverage ; this policy does not insure against: 1 ) Loss due to bookkeeping , accounting or billing errors or omissions ; 2 ) Loss , the proof of which as to factual existence , is dependent upon an audit of records or an inventory computation , but this shall not preclude the use of such procedures in support of claim for loss which the insured can prove , through evidence wholly apart therefrom , is due solely to a risk of loss to records of accounts receivable not otherwise excluded hereunder; 3) Loss due to alteration , falsification , manipulation , concealment, destruction or disposal of records of accounts receivable 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 of money, securities or other property but only to the extent of such wrongful giving , taking , obtaining or withholding . 6 . OCCURRENCE : "Occurrence" means all covered loss , damage, or a sequence of losses or damage , casualties or disasters , arising from a single event or catastrophe . So far as loss involving in whole or in part, the perils of wind , (including hurricanes , tornadoes , and cyclones), snow, rain , or hail is concerned a single event shall mean one single atmospheric disturbance during a continuous period of seventy-two (72) hours (not limited by the date on which coverage under this policy ceases). 7 . BUILDERS RISK This policy cover projects in the course of construction at a covered location , other than an Unscheduled Location , within the policy TERRITORY as defined in Section II above , subject to the "total project value" not exceeding the Sublimit shown in Section III ULTIMATE NET LOSS above . Alteration , addition , extension , repairs and/or remodeling projects are included under this extension . Any builders' risks , renovations , repairs with total contract costs over $5 , 000 ,000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 4 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 As respects locations other than insured locations , coverage under this extension shall commence when the Insured first acquires an insurable interest at the location and shall cease sixty (60) days from the date of such acquisition , or when reported to and accepted by the Company, on the expiration date of this policy, whichever occurs first. No coverage is provided under this property in this extension for property while in transit or while waterborne . The term "total project value" shall mean the cost of all labor, materials , equipment, machinery, or supplies intended to be a permanent part of the completed buildings(s) or structure(s) and in which the Insured has an insurable interest at the time of the loss or damage . 8 . ERRORS AND OMISSIONS The term Errors and Omissions covers direct physical loss or damage at Locations within the Coverage Territory that are owned , leased or operated by the Insured , if such loss or damage is not payable under the Policy solely due to : a . Any error or unintentional omission in the description of the address of the property whether made at the inception of the policy period or subsequent thereto ; or b . Failure through any error or unintentional omission to : i . Include any Location of the Insured at the inception of the Policy; or ii . Report any newly acquired Location before the period of automatic coverage provided under the policy for Newly Acquired Property extension expires. This policy covers such direct physical loss or damage , to the extent it would have provided coverage had the error or unintentional omission had not been made . It is a condition of this coverage that any error or unintentional omission be reported by the Insured to the Company when discovered and corrected . The Company may charge an additional premium based on the proper values reported after the correction has been made to the schedule of values/locations . There is no coverage under this Paragraph for loss or damage which is covered under Newly Acquired or Unnamed Locations provisions of this Policy. Excluded Perils With regard to all Property, this insurance does not insure against: 1 . Loss by moth , vermin , termites or other insects ; wear, tear or gradual deterioration ; rust, wet or dry rot, or mold . 2 . Loss resulting from loss of use , delay or loss of markets. 3 . Breakdown of machinery and/or boiler explosion but not excluding loss resulting therefrom . This exclusion shall not apply as respects to EDP equipment and media . 4 . Loss resulting from dampness of atmosphere or variation in temperature unless caused by the perils of fire , explosion , windstorm , hail , riot, civil commotion , and impact by aircraft or vehicles. This exclusion shall not be deemed to exclude loss resulting from freezing . 5 . Loss of electrical appliances or devices of any kind , including wiring , arising from electrical injury or disturbance to the said electrical appliances or devices or wiring from artificial causes unless fire or explosion ensues , and then only for direct loss or damage caused by fire or explosion . 6 . Loss by normal settling , normal shrinkage or normal expansion in foundations, walls , floors or ceilings. 7 . Loss by mechanical derangement, error in design , inherent vice or latent defect. Name of Insured : Colorado Counties Casualty and Property Pool Page 5 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 8 . Loss resulting from processing or faulty workmanship, unless fire and/or explosion ensues , and then only for direct loss or damage caused by such ensuing fire or explosion . 9 . Loss resulting from shrinkage , evaporation , loss of weight or leakage , unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike, riot or civil commotion , aircraft, vehicles , breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 10 . Inventory shortage , mysterious disappearances or loss resulting from any kind of infidelity or dishonesty on the part of the Insured or any of his employees . Excluded Property 1 . Animals; 2 . Aircraft 3 . Standing timber, growing crops , land and land values ; 4. Currency, money, notes, and securities ; 5 . Bridges, culverts , roadways , streets, walks , or paved surfaces , dams , docks , piers and Wharves ; 6 . Water; 7 . Tunnels used for vehicular traffic; underground mines and property therein . The following property not at a Covered Location : 1 . Underground piping , wiring , flues or drains ; 2 . Reservoirs , transmission and distribution lines, telephone and power poles and appurtenants, street and highway lighting and signs . The following property not part of museum collections and/or exhibits at a Covered Location : 1 . Furs; jewelry; precious and semi-precious stones, gold , silver, platinum and other precious metals and alloys . Conditions 1 . REPORTING REQUIREMENTS A. NEWLY ACQUIRED PROPERTY: The Company will charge the appropriate premium for adding Property to the policy. Property must be reported the Carrier within 90 days of acquisition or coverage ceases . For Property with values over $5 , 000 ,000 the Company will charge an additional premium . For Property with values under $5 , 000 , 000 , the Company is to be notified of the newly acquired Property and any additional premium will be waived . The Insured is required to include the new Property and/or Location on the Statement of Values . B . MEMBERSHIP RECONCILIATION REPORT FOR UDPATED STATEMENT OF VALUES : The Insured will provide the Company a Membership Reconciliation Report updating the Statement of Values for 100% of values by Member and Location (s) by March 1st of each policy year. The report shall incorporate any changes to the insured Locations including new buildings , new locations and/or deleted buildings and/or Locations. Name of Insured : Colorado Counties Casualty and Property Pool Page 6 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 2. VALUATION . The Company shall not be liable for loss or damage in excess of. A. Real and Personal Property - the cost to repair, rebuild or replace the destroyed or damaged property in a condition equal to but not superior to or more extensive than its condition when new. If the Insured decides to replace destroyed or damaged property on another site, cost of such site is not included hereunder. It is a requirement that if the Insured does not repair, replace or rebuild the property within two years from the date of loss , this property shall be valued at actual cash value. B . Automobile - the actual cash value of the automobile at the time of loss . C . Contractors Equipment — the actual cash value of the equipment at the time of loss. 3. REMOVAL CLAUSE . This Insurance covered the expense and damage occasioned by removal from the premises endangered by the perils insured against wherever such Property is located or removed for preservation . 4. ARCHITECTS FEES . This Insurance covers the additional assessment involving architects' fees for consultations arising from losses resulting from an insured peril . Fees are limited to seven (7% ) percent of replacement cost. 5. APPRAISAL. In the event the Insured and Company are unable to agree as to the amount necessary to rebuild , repair or replace the damaged or destroyed property or the actual amount of reimbursement to be paid , each party shall name a competent and disinterested umpire . The appraisers together shall obtain reconstruction estimates , and calculate the amounts of reimbursement due, and failing to agree, shall submit their differences to the umpire . The award , in writing , duly verified by any two shall determine the point in question . Both parties shall pay the cost of their own appraiser and equally pro rate the cost of the umpire. 6. CIVIL AUTHORITY CLAUSE . Notwithstanding anything contained in this Insurance , property which is insured under this Insurance is also covered against the risk of damage or destruction by civil authority during a conflagration and for the purpose of retarding the same ; provided that neither such conflagration nor such damage or destruction is caused or contributed to by war, invasion , revolution , rebellion , insurrection or other hostilities or warlike operations. 7. ORDINANCE DEFICIENCY CLAUSE . Notwithstanding anything contained herein to the contrary, the Company shall be liable also for the loss occasioned by the enforcement of any state or municipal law, ordinance or code , which necessitates , in repairing or rebuilding , replacement of material to meet the minimum requirements of such law, ordinance or code . If demolition is required to comply with such enforcement, Company shall also be liable for such additional costs. General Conditions 1 . PREMIUM PROVISION See Declarations Page . 2 . SALVAGE AND RECOVERY CLAUSE All Salvages , recoveries and payments recovered or received subsequent to a loss settlement under this Insurance shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto. 3 . INSPECTIONS , AUDIT AND VERIFICATION OF VALUES The Company or their duly authorized representatives shall be permitted at all reasonable times during continuance of this Insurance to inspect the premises used by the Insured and to examine the Insured's books or records so far as they relate to coverage afforded by this Insurance. Name of Insured : Colorado Counties Casualty and Property Pool Page 7 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 4. RECORDS It is hereby understood and agreed that the records and books as kept by the Insured shall be acceptable to Company in determining the amount of loss or damage covered hereunder. 5. DUE DILIGENCE CLAUSE The Insured shall use due diligence and do and concur in doing all things reasonably practicable to avoid or diminish any loss of or damage to the property herein insured . 6. CURRENCY The premium and losses under this Insurance are payable in United States currency. Payment of premium shall be made to Arthur J. Gallagher Risk Management Services, Inc. 7 . BANKRUPTCY AND INSOLVENCY In the event of the bankruptcy or insolvency of the Insured or any entity comprising the Insured , the Company shall not be relieved of the payment of any claims hereunder because of such bankruptcy or insolvency. 8. OTHER INSURANCE If the Insured has other Insurance against loss covered by this Insurance the Company shall be liable , under the terms of this Insurance, only as excess of coverage provided by such other Insurance and no monies payable or collectable from such other insurance shall accrue in the aggregate loss fund of this Insurance . 9. MORTGAGE CLAUSE The interest of any mortgagor on property covered hereunder is included as if a separate endorsement were attached hereto to the extent of the amount of mortgage as of the date of loss subject to the limits of liability set forth in this Insurance . 10. CLAIMS The Insured shall as soon as practicable notify the Company through County Technical Services, Inc. Claims Management Department of any Occurrence , the cost of which is likely to result in payment by the Company under this Insurance . The Company shall have the opportunity to be associated with the Insured in defense of any claims , suits , or proceedings relative to an Occurrence ; wherein , the opinion of the Company, their liability under this Insurance is likely to be involved , in which case the Insured and Underwriters shall cooperate to the mutual advantage of both . 11 . NOTICE OF LOSS The Insured through County Technical Services, Inc. Claims Management Department shall as soon as practicable report to this Company or its agent every loss or damage which may become a claim under this Policy and shall also file with the Company or its agents within ninety (90) days from date of loss a detailed sworn proof of loss . Failure by the Insured or County Technical Services , Inc. to report the said loss or damage and to file such proof of loss as required herein shall not invalidate any claim under this Policy for such loss except if and to the extent that the Company can prove that it was actually prejudiced by any unreasonable delay in reporting loss or damage . 12. EXAMINIATION UNDER OATH The Insured shall submit, and so far as is within his/her or their power shall cause all other persons interested in the property and members of the household and employees to submit, to examinations under oath by any persons named by the Company, relative to any and all matters in connection with a claim and subscribe the same and shall produce for examination all books of account, bills , invoices and other vouchers or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the Company or its representatives and shall permit extracts and copies thereof to be made . Name of Insured : Colorado Counties Casualty and Property Pool Page 8 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 13 . SETTLEMENT OF LOSS All adjusted claims shall be paid or made good to the Insured through County Technical Services, Inc. within sixty (60) days after presentation and acceptance of satisfactory proof if interest and loss at the office of this Company. No loss shall be paid hereunder if the Insured has collected the same from others. 14 . LOSS PAYMENTS When it has been determined that Company are liable under this Insurance , Company shall thereafter promptly reimburse County Technical Services, Inc. for all payments made in excess of the amounted .stated in the Limits Agreement. All adjusted claims shall be paid or made good within thirty (30) days after their presentation by County Technical Services , Inc. Claims Management Department and acceptance by the Company of satisfactory proof of interest and loss . 15 . NO BENEFIT TO BAILEE This insurance shall in no wise inure directly or indirectly to the benefit of any carrier or other bailee . 16 . LITIGATION PROCEEDINGS No suit to recover on account of loss under this insurance shall be brought until ninety days after the proof of loss shall have been furnished , nor at all unless commenced within twenty seven months from the date upon which loss occurred , if such loss is within the knowledge of the Insured ; if not, the twenty-seven months shall begin upon notice to the Insured to such loss or claim 17 . SUBROGATION The Company shall be subrogated to all rights which the Insured may have against any person or other entity in respect to any claim or payment made under this Insurance , and the Insured shall execute all papers required by the Company and shall cooperate with the Company to secure Underwriter's rights . IN case any reimbursement obtained or recovery made by the Insured or the Company on account of any loss covered by this Insurance , the net amount of such reimbursement or recovery, after deducting the actual cost of obtaining or making the same , shall be first applied in the following order: a . Amount of loss which exceeds the applicable limit of liability. b . To reduce the Company' loss until the Company are fully reimbursed . c. To reduce the Insured's loss because of the application of the aggregate loss fund . 18 . WAIVER OF SUBROGATION This Insurance shall not be invalidated if the Insured by written agreement has waived or shall waive its right of recovery from any party for loss or damage covered hereunder; provided , that any such waiver is made prior to the occurrence of said loss or damage . 19 . CONFLICTING STATUTES In the event that any provision of this Insurance is unenforceable by the Insured under the laws of any state or other jurisdiction wherein it is claimed that the Insured is liable for any injury covered hereby because of non-compliance with any statute thereof, then this policy shall be enforceable for the Insured with the same effect as if it complied with such statues. Name of Insured : Colorado Counties Casualty and Property Pool Page 9 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 20. ASSIGNMENT Assignment of interest under this Insurance shall not bind the Company until the Company' consent is endorsed hereon . 21 . PAIR, SET OR PARTS It is understood and agreed that, in the event of loss of or damage to any article or articles which are part of a set, the measure of loss of or damage to such article shall be a reasonable and fair proportion of the total value of the set, giving consideration to the importance of said article or articles ; but in no event shall such loss or damage be construed to mean total loss of set. In case of loss or injury to any part of the insured property consisting , when complete for sale or use , of several parts , this Company shall only be liable for the insured value of the part lost or damaged . 22. PROTECTION AND PRESERVATION OF PROPERTY In case of actual or imminent physical loss or damage of the type insured against by this policy, the expenses incurred by the insured in taking reasonable and necessary actions for the temporary protection and preservation of property insured hereunder shall be covered by this policy. The Underwriters' proportion of such expenses shall be limited to the extent they were incurred with the intent to reduce loss or damage which could otherwise have been payable under this policy. Any recovery hereunder shall be subject to the applicable deductible and shall be included in and not additional to the limit of this policy. 23 . SUIT No suit, action or proceeding for the recovery of any claim under the Policy shall be sustainable in any court of law or equity unless the same is commenced within twelve ( 12 ) months after discovery by the Insured of the occurrence which gives rise to the claim . Provided , however, that if by the laws of the State within which this Policy is issued such limitation is invalid , then any such claims shall be void unless such action , suit or proceeding be commenced within the shortest limit of time permitted by the laws of such State to be fixed herein . 24. APPRAISAL If the insured and the Company fail to agree as to the amount of loss, each shall , on the written demand of either, made within sixty days after receipt of proof of loss by the Company, select a competent and disinterested appraiser, and the appraisal shall be made at a reasonable time and place. The appraisers shall first select a competent and disinterested umpire, and failing for fifteen days to agree upon such umpire , then , on the request of the Insured or the Company, such umpire shall be selected by a judge a court of record in the state in which such appraisal is pending . The appraisers shall then appraise ht the loss, stating separately the actual cash value at the time of loss and the amount of loss , and failing to agree shall submit the differences to the umpire. An award in writing of any two shall determine the amount of toss. The Insured and the Company shall each pay his/her or its chosen appraiser and shall bear equally the other expenses of the appraisal and umpire. The Company shall not be held to have waived any of its rights by any act relating to the appraisal . 25. CANCELLATION This Policy may be cancelled by the Insured by mailing to the Company written notice stating when thereafter such cancellation shall be effective . This Policy may be canceled by the Company by mailing to the Insured at the address shown in this Policy or last known address written notice stating when no fewer than (90) ninety days ( 10 days for nonpayment of premium ) thereafter such cancellation shall be effective . The mailing of notice as aforesaid shall be sufficient proof of notice , and the effective date of cancellation stated in the notice shall become the end of the policy period . Delivery of such written notice either by the Insured or by the Company shall be equivalent to mailing . If this insurance shall be cancelled by the Insured , the Company shall retain the customary short rate proportion of the premium hereon , except that if this Insurance is on a adjustable basis the Company shall receive the earned premium hereon or the customary short rate proportion of any minimum premium stipulated herein whichever is greater. If this Insurance shall be cancelled by or on behalf of the Company, the Company shall retain the pro rata proportion of the premium hereon ; except that if this insurance is on an adjustable basis , the Company shall receive the earned premium hereon or the pro rata proportion of any minimum premium stipulated herein whichever is the greater. Name of Insured : Colorado Counties Casualty and Property Pool Page 10 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of Cancellation by such payment shall be made as soon as practicable. If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. Subject otherwise to all terms , clauses and conditions heretofore . 26. CHANGES By acceptance of this Insurance , the Insured agrees that it embodies all agreements existing between the Insured and Company or any of its agents relating to this Insurance . None of the provisions , conditions or other terms of this Insurance shall be waived or altered except by endorsement; nor shall notice to any agent or knowledge possessed by any agent or by any other person be held to effect a waiver or change in any part of this insurance . 27. FRAUDULENT CLAIMS If the Insured shall make any claim knowing the same to be false or fraudulent, as regards amount or otherwise, this Insurance shall become void and all claim hereunder shall be forfeited . 28. MISREPRESENTATION OR FRAUD This policy shall be void if the Insured has concealed or misrepresented any material fact or circumstances concerning this insurance or the subject thereof in case of any fraud , attempted fraud or false swearing by the insured touching any matter relating to this insurance or subject thereof, before or after loss . Earth Movement Coverage Earth Movement means : • Any earth movement, other than sinkhole collapse , such as earthquake , landslide , mine subsidence or earth sinking , rising or shifting including that caused by subsidence, settling , contraction , or expansion of soils. • Eruption , explosion , or effusion of a volcano other than volcanic action . If more than one earth movement or volcanic eruption occurs within any 72 hour period , we'll consider this one occurrence . The 72 hour period will not be shortened by the expiration of the policy. The limit shown in the Coverage Agreement Section under Ultimate Net Loss for earthquake is the most this Company will pay for all direct loss or damage caused by a single Earth Movement. Flood Coverage Flood , mudslide or mudflow, and surface water are covered perils . Flood means waves , tides or tidal water, the rising of bodies of water and streams, or the overflowing or breaking of their boundaries , whether driven by wind or not. Surface water means water which accumulates or flows on the surface of the ground , and is created by natural causes such as rain , melted snow, or rising springs, but which follows no defined watercourse and does not gather into or from a natural body of water. The Company is not liable for more than the limits shown in the Coverage Agreement, Ultimate Net Loss section of the Policy. . Name of Insured : Colorado Counties Casualty and Property Pool Page 11 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Transit Extension Insuring Clause This insurance is hereby extended to cover Personal property of the Insured or property held by the Insured in trust or on commission or on consignment for which the insured may be held legally liable while in due course of transit within the limits of the Continental the 50 states comprising the United States of America (excluding Hawaii ) and the District of Columbia , against All Risks of Direct Physical Loss or Damage to the property insured occurring during the period of this policy (including general average and salvage charges on shipments covered while waterborne ) . Perils Excluded This extension does not insure against: 1 . Loss or damage to personal property resulting from : shrinkage , evaporation , loss of weight, leakage of glass or other fragile articles , marring , scratching , exposure to light, or change in color, texture or flavor, unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike , riot or civil commotion , aircraft, vehicles, breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 2 . Loss of use , delay or loss of markets. 3 . Loss or damage caused by or resulting from moth , vermin , termites , or other insects , inherent vice , latent defect, wear, tear or gradual deterioration ; contamination ; rust, wet or dry rot, mold , dampness of atmosphere , smog or extremes of temperature. 4 . Loss or damage caused by or resulting from misappropriation , conversion , infidelity or any dishonest act on the part of the Insured or other party of interest, his or their employees or agents to others whom the property may be delivered or entrusted (carriers for hire excepted) . 5 . Loss or damage to the property insured occasioned by war, invasion , hostilities acts of foreign enemies , civil war, rebellion , insurrection , military or usurped power or martial law or confiscation by order of any government or public authority. 6. Loss or damage arising directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination however such nuclear reaction , nuclear radiation or radioactive contamination may have been caused . Nevertheless, if a fire arises directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination , any loss or damage arising directly from that fire shall (subject to the provisions of this policy) be covered excluding , however, all loss or damage caused by nuclear reaction , nuclear radiation or radioactive contamination arising directly or indirectly from that fire. 7 . Loss or damage caused by breakdown or derangement of refrigerating units . Property Excluded This extension does not cover: 1 . Aircraft, watercraft, vehicles designed for highway use , animals, jewelry, precious stones and furs or garments trimmed with fur. 2 . Currency, money, notes , securities , deeds , and evidences of debt 3 . Property in due course of ocean marine transit. 4 . Shipments by mail after delivery into the custody of the Post Office Department. 5 . Samples while in the care, custody or control of salesmen . Name of Insured : Colorado Counties Casualty and Property Pool Page 12 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Conditions 1 . The Insured may accept without prejudice to this insurance the ordinary bills of lading or receipts issued by carriers including those containing released and/or partially released value provisions , but the Insured shall not enter into any special agreements with carriers releasing them from their common law or statutory liability. 2 . Property insured hereunder shall be valued as follows: a . Sold property at the actual net invoice price of the Insured . b . Unsold property at the actual cash value of the property at the time any loss or damage occurs with property deduction for depreciation and in no event to exceed what it would cost to repair or replace the property with material of like kind and quality. Extra Expense Coverage It is agreed that if the property covered under Insuring Agreement A is damaged or destroyed by perils insured against during the period of this Insurance so as to necessitate the incurrence of Extra Expense (as defined below) the Company shall be liable for the Extra Expense so incurred , not exceeding the actual loss sustained , for not exceeding such length of time , hereinafter referred to as the "period of restoration". It is further agreed that this extension of coverage shall not operate to increase the Company limits of liability hereunder. Definitions : A. Extra Expense : The term " Extra Expense" means the excess (if any) of the total cost incurred during the period of restoration chargeable to the operation of the Insured's business, over and above the total cost that would normally have been incurred to conduct the business during the same period had no damage or destruction occurred . B. Normal : The term "normal" wherever used herein shall mean ; the condition that would have existed had no loss occurred . C . Period of Restoration : The term "Period of Restoration" means such length of time commencing with the date of damage and not limited by the date of expiration of this policy, as would be required with the exercise of due diligence and dispatch to repair, rebuild or replace such part of the Insured's property as has been damaged or destroyed . Conditions : A. Resumption of Operations : It is a condition of this Insurance that as soon as practicable , the Insured shall resume normal operations of the business and shall dispense with such extra expense . B. Interruption by Civil Authority: Liability hereunder is extended to include actual loss as covered hereunder, sustained during the period of time , not exceeding two weeks , when as a direct result of physical loss or damage by a peril insured against within one mile of the insured premises , access to the premises in which the property described is located is prohibited by order of civil authority. Exclusions : In addition to the General Exclusions of this Insurance, Company shall not be liable for Extra Expense resulting from : A. The suspension , lapse or cancellation of any lease , license, contract or order beyond the period of restoration ; B . Interference at premises by strikers or other persons with rebuilding , repairing or replacing the property damages or destroyed or with the resumption or continuation of business ; C. Enforcement of any local or state ordinance or law regulating construction , repair or demolition of buildings or structures ; Name of Insured : Colorado Counties Casualty and Property Pool Page 13 of 14 Policy Term: January 1 , 2021 to January 1 , 2022 Further, the Company shall not be liable for: A. More than the amount set forth in the limits of liability; B . Loss of income; C . The cost of repairing or replacing any of the real or personal property covered hereunder, or the cost of research or other expense necessary to replace or restore damage or destroyed books of account, abstracts , drawings , card index systems or other records (including film , tape , disc, drum , cell or other magnetic recording or storage media for electronic data processing ) , that have been damaged or destroyed by the perils insured against, except cost in excess of the normal cost of such repair, replacement or restoration necessarily incurred for the purpose of reducing loss under this policy. In no event shall such excess cost exceed the amount by which the total extra expense loss otherwise payable under this policy is thereby reduced. D . Loss resulting from theft of any property which at the time of loss is not an integral part of a building or structure (except direct loss by pillage and looting occurring during and at the immediate place of a riot or civil commotion ), unless loss by a peril not excluded in this policy ensues from theft or attempted theft, and then the Company shall be liable for only such ensuing loss ; E . Any other consequential or remote loss. Pollution Cleanup and Removal Notwithstanding any conditions or terms contained elsewhere in this policy, coverage is extended to cover the cost to clean up and remove pollutants that are : 1 . In the land or water at an insured location provided the discharge , seepage , migration , release, escape or dispersal is a direct result of physical loss or damage by fire , lightning , explosion , windstorm , hail , leakage from fire protection equipment, smoke , vehicles and aircraft, riot, civil commotion , vandalism , sinkhole collapse , volcanic action , falling objects , weight of snow, ice or sleet, or water damage . For example : a fire damage at an insured location causes chemicals to run onto the ground and into a nearby river. This policy will pay to clean up the pollution that is in the land and water at the insured premises up to the limit of liability of this extension . This policy will not pay to clean up land or water away from an insured premises ; 2 . In the land or water away from an insured premises but only when pollution or contamination is caused by the collision , upset or overturn of a transporting vehicle which is owned , operated , rented , leased or borrowed by the Insured . Coverage is provided under the extension only if the following conditions are met: A. The cause of loss occurs during the policy period ; B . The pollution must occur at an insured location except as provided for in clause 2 . above . C . The clean-up and removal costs must be incurred and reported to the company within one hundred ( 180) days of either the date of direct physical loss or damage or the end of the policy period , whichever is earlier. Liability for loss under this extension shall not exceed $25 , 000 in any one occurrence or $25 , 000 in the aggregate for all such losses in any one policy year. However, these limits will apply separately to each County member listed as a Named Insured except $ 1 , 500 , 000 Aggregate applies to all County members . Name of Insured : Colorado Counties Casualty and Property Pool Page 14 of 14 Policy Term: January 1 , 2021 to January 1 , 2022 ENDORSEMENT A EXCESS CLAUSE 1 . EXCESS CLAUSE A. Coverage hereunder shall not apply until the amount of loss , damage or expense arising out of any one occurrence exceeds SEE ATTACHMENT CLAUSE plus the applicable portion of the primary policy deductible as set forth herein and any waiting period attributable to the perils and/or property and/or coverages insured hereunder. The amount of the applicable portion of the primary deductible referred to above shall be determined by the proportion that the amount of loss attributable to the perils and/or property and/or coverages insured against under this policy (without application of the excess provision ) bears to the total amount of loss multiplied by the amount of the applicable primary deductibles . In the event that the total amount of loss , damage , or expense attributable to the perils and/or property and/or coverage insured under the underlying insurance exceeds that amount at which this policy would normally attach , but due to the application of sublimits in the underlying policy(ies), the total loss, damage and expense payable by the underlying policy(ies) does not fully exhaust the underlying policy(ies) limit, then this policy shall drop down and be liable for the loss as covered under this policy in excess of the amount paid by the underlying policy(ies). B . In determining the amount of any loss , damage, or expense for which this policy is excess , the total loss for all coverages caused by any combination of perils , one or more of which is insured against under the primary policy, shall be used even though all such perils or coverages are not insured against under this excess policy. ( 1 ) Any recoveries made under the primary policy shall be considered as first applying to those perils and/or property and/or coverages not insured against by this policy. Upon exhaustion of the primary policy limits, this policy shall drop down and be liable for the loss in excess of the amount attributable to the primary policy as respects those perils and/or coverages and/or property insured hereunder subject to the limit of this policy. (2 ) If there is any other excess insurance covering the perils and/or property and/or coverages insured against in the primary policy, but not covered by this policy, this insurance shall then allocate any loss recoveries made under the primary policy in the same proportion as the amount of loss involving the property and/or coverages insured against by this policy bears to the combined total loss. Upon exhaustion of the primary policy limits , this policy shall drop down and be liable for the loss in excess of the amount attributed to the primary policy as respects those perils and/or property and/or coverages covered hereunder subject to the limit of this policy. (3) Paragraph two shall not apply, however, when the amount of loss attributed to the perils insured under the primary policy, but not covered under this policy, exceed the total amount of insurance provided by the primary and excess coverages with respect to said perils . In this situation any recoveries made under the primary policy shall first apply to those perils not insured by this policy. Upon exhaustion of the primary limits , this policy shall drop down and be liable for loss in excess of the amount attributed to the primary policy as respects those perils covered hereunder subject to the limit of this policy. (4) In the event the Insured is a contributing or self-insurer with respect to the perils and/or property and/or coverages otherwise insured in any underlying insurance and no policy is issued to define the extent of this contributing or self insurance, for the purposes of this Excess Clause, the Insured's contributing or self-insurance shall be deemed to be the same as either: (a) all other contributing insurance participating in the Insured's layer(s); or (b) all other contributing insurance participating in the layer below the Insured's layer where the Insured is entirely self insuring the layer. If the coverage provided by the policy(s) of the other contributing insurance company(s) is non- concurrent, then the contributing or self insurance provided by the Insured within the layer in question shall be deemed to be the same as the coverage provided by that contributing insurance company whose policy provides the least indemnity for the loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 C . In the event the annual aggregate limits provided for Flood and/or Earthquake are diminished or exhausted in any one policy year, the coverage provided under this policy shall respond as excess of the remaining limits as respects those perils insured under this policy. In such event, the applicable amount of the deductibles provision of the primary policy as set forth herein shall apply to the combination of all policies . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 ENDORSEMENT B NAMED INSURED ENDORSEMENT This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : NAMED INSURED ENDORSEMENT It is agreed that the Participating Member Counties named hereunder are included as Named Insureds : 1 Alamosa 26 Las Animas 2 Archuleta 27 Lincoln 3 Baca 28 Logan 4 Bent 29 Mineral 5 Chaffee 30 Moffat 6 Cheyenne 31 Montezuma 7 Clear Creek 32 Montrose 8 Conejos 33 Morgan 9 Crowley 34 Otero 10 Custer 35 Ouray 11 Delta 36 Park 12 Dolores 37 Phillips 13 Elbert 38 Prowers 14 Fremont 39 Pueblo 15 Garfield 40 Rio Blanco 16 Gilpin 41 Rio Grande 17 Grand 42 Routt 18 Gunnison 43 Saguache 19 Hinsdale 44 San Juan 20 Huerfano 45 San Miguel 21 Jackson 46 Sedgwick 22 Kiowa 47 Summit 23 Kit Carson 48 Teller 24 La Plata 49 Washington 25 Lake 50 Yuma ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ENDORSEMENT C JOINT LOSS CLAUSE This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : It is agreed that the policy to which this endorsement is attached is hereby amended as follows : In the event the Insured suffers a loss of or damage to property at a location designated in this policy and also designated in an Equipment Breakdown Policy, and there is a disagreement between this company and the Equipment Breakdown Insurer with respect to: ( 1 ) whether the loss or damage was caused by an accident insured against by this policy or by a peril insured against by such Boiler insurance policy, or (2 ) the extent of participation of this policy and of such Boiler insurance policy in the loss or damage ; then , after agreement among the Insured , this company and the Equipment Breakdown Insurer as to the total amount of the loss or damage recoverable under both policies , this company will , upon written request of the Insured , pay to the Insured , in addition to that portion of the total recoverable loss or damage for which it admits liability: one-half ( 1 /2) of that portion of the total recoverable loss or damage which is in disagreement (but in no event more than the minimum amount remaining payable under either this policy or the Boiler insurance policy after making provision for undisputed payments) provided that the Equipment Breakdown Insurer shall simultaneously pay to the Insured the remaining one-half ( 1 /2) of that portion of the total recoverable loss or damage which is in disagreement. Such payment by this company and the acceptance of the same by the Insured signifies the agreement of the company to submit to and proceed with arbitration within 90 days of such payment in order to apportion the amount of total recoverable loss or damage which is in disagreement between this company and the Equipment Breakdown Insurer. The arbitrators shall be three in number, one of whom shall be appointed by this company, and the third appointed by consent of the other two . The decision by the arbitrators shall be binding on the parties . The Insured agrees to cooperate in furnishing information and technical data as may be required by this company in connection with such arbitration or any other method of apportionment upon which this company and the Equipment Breakdown Insurer may decide , but not to intervene therein . Except as otherwise expressly provided herein , this endorsement does not modify or waive any of the terms and conditions of this policy or affect in any way the rights of the Insured or the Company hereunder. This endorsement shall not apply unless the Equipment Breakdown Insurance Policy is similarly endorsed , and it may be cancelled by the Company on 90 days' written notice to the Insured . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 GENERAL AMENDATORY ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COLORADO COUNTIES CASUALTY AND PROPERTY POOL POLICY The following changes are hereby made to the policy, supersede any term , provision or endorsement to the contrary in this policy; and apply notwithstanding such term , provision or endorsement: In the Section entitled Excluded Property, the following are added : 8 . Air supported structures ; 9 . Watercraft; 1O. Evidence of debt; 11. Off-shore drilling rigs or platforms ; 12. Property sold under a conditional sale or trust agreement or under an installment plan after delivery to customers ; 13 . Railroad rolling stock; In the Section titled Excluded Perils , the following are added : 11 . Loss resulting from the actual , alleged or threatened presence , release , discharge , escape or dispersal of " pollutants or contaminants" , all whether direct or indirect, proximate or remote , or in whole or in part caused by, contributed to or aggravated by any physical damage insured by this policy. This exclusion does not apply to : (a) Ensuing loss or damage caused by or resulting from fire ; or (b) Loss or damage caused by or resulting from fire , lightning , aircraft impact, explosion , riot, civil commotion , smoke , vehicle impact, leakage from automatic fire protective systems or windstorm or hail . 12 . Loss resulting from change in color, flavor, texture or finish ; 13 . Indirect or remote loss or damage ; 14 . Loss resulting from insurrection , rebellion , revolution , civil war, usurped power, or action taken by governmental authority in hindering , combating , or defending against such an event; Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 15 . Loss resulting from any dishonest or criminal act (including theft) by the Insured , or any of the Insured 's partners , members , officers , managers , employees ( including temporary employees and leased workers) , directors , trustees or authorized representatives, whether acting alone or in collusion with each other or with any other party; or theft by any person to whom you entrust the property for any purpose , whether acting alone or in collusion with any other party. This exclusion : (a) applies whether or not an act occurs during your normal hours of operation ; and (b) does not apply to acts of destruction by your employees (including temporary employees and leased workers) or authorized representatives; but theft by the Insured 's employees (including temporary employees and leased workers) or authorized representatives is not covered . 16 . Loss resulting from expropriation , seizure , appropriation , nationalization , willful destruction , condemnation , requisition , or sequestration by law, order or administrative action of any government (whether civil , military, or de facto) . This exclusion does not apply to loss or damage caused by or resulting from acts of destruction ordered by any government and done at the time of a fire to prevent its spread , if the fire would be insured under this policy. 17 . Loss resulting from nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination from any cause , all whether direct or indirect, controlled or uncontrolled , proximate or remote , or contributed to or aggravated by a peril insured herein . However, if fire not otherwise excluded results , the Company will be liable for direct physical loss or damage by such resulting fire but not including any loss or damage due to nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination . 18 . Loss resulting from hostile or warlike action in time of peace or war, including action in hindering , combating or defending against an actual , impending or expected attack by any: a. governmental or sovereign power (de jure or de facto) ; b . military, naval or air force ; or c. agent or authority of any party specified in sub-paragraphs a . and b . immediately above . Under Insuring Agreement, Section II . TERRITORY is deleted and replaced with the following : Coverage applies to property located within the United States of America , including its territories and possessions . The Company is not liable for more than the limits shown in the coverage summary. All other terms and conditions remain unchanged . Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 DEFINITION OF LOSS OCCURRENCE ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following definition is added to this policy; supersedes any other definition , express or implied , of the term " Loss Occurrence" in any term , provision or endorsement to this policy; and applies not withstanding such term , provision or endorsement: 1 . " Loss Occurrence" means the sum of all individual losses arising out of and directly caused by any one disaster, accident or loss or series of disasters , accidents or losses arising out of one event which occurs anywhere within the Coverage Territory. The duration and extent of any one Loss Occurrence will be limited to all individual losses sustained by the Insured occurring during any period of 72 consecutive hours arising out of and directly caused by the same event, except: A. As regards Windstorm (including Tier 1 Counties) , Hail or Tornado , including ensuing collapse and Water Damage : all individual losses sustained by the Insured occurring during any period of 96 consecutive hours arising out of and directly caused by the same event. B . As regards the peril of Flood : all individual losses sustained by the Insured occurring during any period of 168 consecutive hours arising out of and directly caused by the peril of flood . C. As regards the perils of riot, strike or civil commotion , vandalism and malicious mischief, including losses from all other perils covered hereunder following as a result of the aforesaid perils : all losses or series of losses occurring during any period of 72 consecutive hours arising out of and directly caused by the same event. The maximum duration of 72 consecutive hours may be extended in respect of individual losses which occur beyond such 72 consecutive hours during the continued occupation of the Insured 's premises by strikers , provided such occupation commenced during the aforesaid period . D. As regards the peril of Earth Movement, including losses from all other perils covered hereunder following as a result of Earth Movement: only those individual losses covered hereunder, which commence during the period of 168 consecutive hours , may be included in the Loss Occurrence . E. As regards the peril of freeze : only those individual losses directly caused by collapse , breakage of glass , water and/or liquid damage due to burst pipes tanks or pressure vessels ; damage to machinery or equipment, stock and/or work in progress due to freeze ; and/or individual losses arising directly out of the lack of supply of power, current, coolant and/or fuel due to frozen pipes and/or frozen feed lines may be included in the Loss Occurrence . Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Except for those Loss Occurrences referred to in sub-paragraphs A. and B . above , the Insured may chose the date and time when such period of consecutive hours commences , provided that it is not earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising out of that disaster, accident or loss and provided that only one such period of consecutive hours will apply with respect to one event. However, as respects those Loss Occurrences referred to in sub-paragraphs A. and B . above , if the disaster, accident or loss occasioned by the event is of greater duration than the specified period of consecutive hours, then the Insured may divide that disaster, accident or loss into two or more Loss Occurrences, provided no two periods overlap and no individual loss is included in more than one such period and provided that no period commences earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising from that disaster, accident or loss. However, we shall not be liable hereunder for any loss or damage : a) Occurring before this policy becomes effective ; or b) Arising from an "occurrence" which is in progress at the time this policy becomes effective , even if such loss or damage occurs after this policy becomes effective ; or c) Occurring after the expiration of this policy, except loss or damage arising from an "occurrence" in progress at the time this policy expires . This provision in no way alters any Policy Limit of Liability or Sub-limit of Liability. All other terms and conditions remain unchanged . Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ADDITIONAL POLICY CONDITIONS ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. It is understood and agreed that the following provisions supersede any term , condition , provision or endorsement found elsewhere in the coverage form that is in conflict herewith , and that the following provisions will apply notwithstanding any such contrary term , provision or endorsement. LENDERS AND MORTGAGEES The Lender Loss Payable clause , Mortgageholder clause , or any clause whereby a lender or mortgagee is granted rights and privileges under this Policy, if any, shall not apply to any lender or mortgagee unless such lender or mortgagee is identified by endorsement to this Policy prior to the date of loss . LAW IN FORCE AT TIME OF LOSS If the coverage form provides coverage for Demolition and Increased Cost of Construction , Ordinance or Law, or any other coverage for loss arising out of the enforcement of any law, this Policy shall only provide such coverage as respects a law, ordinance , or regulation that was in force at the time of loss. N O WAIVER Any Full Waiver clause , Waiver of Conditions clause , or any clause whereby the Company is deemed to waive , or whereby the coverage form purports to void or alter the force , effect or meaning of, the Company's forms or endorsements issued as part of this Policy is hereby deleted . S UIT AGAINST THE COMPANY N o suit, action , or proceeding for the recovery of any claim under this Policy will be sustainable in any court unless the Insured has fully complied with all the provisions of this Policy and legal action is started within twenty- four (24) consecutive calendar months after inception of the loss . If, under the applicable insurance laws , such 24-month limitation is invalid , then any such legal action must be started within the shortest limit of time permitted by such laws . LOSS PAYABLE Loss, if any, will be adjusted with and payable to the First Named Insured or as may be directed by the First Named Insured . Additional insured interests will also be included in loss payment as their interest may appear when named as additional named insured , lender, mortgagee and/or loss payee in endorsements to this Policy. ABANDONMENT There can be no abandonment of any property to the Company. Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 LIBERALIZATION Any liberalization clause found in the coverage form , or any clause of the coverage form whereby the terms and conditions of this Policy are deemed automatically revised in conformity with any change in the coverage form , is hereby deleted . All other terms and conditions remain unchanged . Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 NUCLEAR , BIOLOGICAL , CHEMICAL , RADIOLOGICAL EXCLUSION ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART The following exclusions are added to your Policy or Coverage Part. This insurance does not apply to : A. Loss or damage arising directly or indirectly from B . Loss or damage arising directly or indirectly from the n uclear detonation , reaction , nuclear radiation or dispersal , application or release of, or exposure to , radioactive contamination , all whether controlled or chemical , radiological , or biological materials or u ncontrolled , or due to any act or condition incident agents , all whether controlled or uncontrolled , or due to any of the foregoing , whether such loss be direct to any act or condition incident to any of the foregoing , or indirect, proximate or remote , or be in whole or in whether such loss be direct or indirect, proximate or part caused by, contributed to , or aggravated by , remote , or be in whole or in part caused by, contributed any physical loss or damage insured against by this to , or aggravated by, any physical loss or damage Policy or Coverage Part, however such nuclear insured against by this Policy or Coverage Part, detonation , reaction , nuclear radiation or radioactive however such dispersal , application , release or contamination may have been caused . This exposure may have been caused . exclusion replaces any other nuclear detonation , n uclear reaction , nuclear radiation or radioactive C . If this endorsement is attached to a Commercial Inland contamination exclusions found elsewhere in this Marine Policy or Coverage Part, the term loss or Policy. damage is changed to Loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ASBESTOS MATERIAL EXCLUSION ( Named Peril Exception ) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following exclusion is added to this policy; supersedes any term , provision or endorsement to the contrary in this policy; and applies notwithstanding such term , provision or endorsement: A. This policy excludes loss or damage to asbestos , asbestos-containing product, or asbestos-containing material . B . This policy does not provide insurance against any loss , damage , cost, expense , fine or penalty resulting from or arising out of: 1. remediation of any kind , including but not limited to removal or modification , of any asbestos , asbestos- containing product, or asbestos-containing material from a building or structure of any kind , whether damaged or undamaged , and regardless of the reason such removal is undertaken , whether voluntary or compelled by government directive ; or 2 . the demolition or increased cost of reconstruction of property, the repair of property, the removal of debris , or the loss of use of property when caused by, arising out of, or undertaken due to the enforcement of any law, regulation , rule or ordinance that in any manner regulates asbestos , asbestos-containing product, or asbestos-containing material , except to the extent that coverage is provided by the Demolition and Increased Cost of Construction Additional Coverage ; or 3 . any fault in the design , manufacture , or installation of asbestos , asbestos-containing product, or asbestos- containing material . C . Notwithstanding the exclusions set forth above , this Policy covers direct physical loss or damage to asbestos , asbestos-containing product, and asbestos-containing material which is physically incorporated into an insured building or structure , including the necessary costs to remove or remediate such damaged asbestos , but only when such damage occurring during the policy period is directly and solely caused by the following perils , and then only that part of such asbestos which incurs direct physical loss or damage : fire , lightning , explosion , windstorm , hail , smoke , aircraft or vehicle impact, riot or civil commotion , vandalism , malicious mischief or accidental discharge of fire protective equipment. All other terms and conditions remain unchanged . Page 1of1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 PERMISSION FOR EXCESS INSURANCE Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 /1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART In consideration of the rate and premium for which this policy is written , the following additional provisions are hereby made a part of this policy superseding any provisions to the contrary: 1 . EXCESS INSURANCE : Permission is hereby granted to purchase insurance in excess of the Limit of Liability stated in this policy. Such excess insurance shall not be considered other insurance for the purposes of the Other Insurance clause . 2 . SALVAGE AND RECOVERIES : This clause is amended to include the following : When , in connection with any loss hereunder, any salvage or recovery is received subsequent to the payment of such loss , the loss shall be figured on the basis on which it would have been settled had the amount of salvage or recovery been known at the time the loss was originally determined . Any amount thus found to be due either party from the other shall be paid promptly. The expense of all proceedings necessary to such recoveries shall be apportioned between the interests concerned in the ratio of their respective recoveries as finally settled . If there should be no recovery and proceedings are conducted solely by this Company, the expense thereof shall be borne by this Company. All other terms and conditions of the policy remain unchanged . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 PROPERTY CYBER AND DATA ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 /1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any: 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 .2 loss , damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement, restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act. 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back-up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident. 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts, regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 .2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process , use or operate any Computer System . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 9 Computer System means : 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet, wearable device ) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 POLICYHOLDER NOTIFICATION NEWLY ACQUIRED OR CONSTRUCTED PROPERTY New location (s) added to this Policy may be subject to separate rating and/or may require a higher deductible(s) . Page 1 of 1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 COLORADO FRAUD STATEMENT It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance within the department of regulatory agencies. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 IL P 001 01 04 U . S . TREASURY DEPARTMENT ' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS N o coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . P lease read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous: • Foreign agents; • Front organizations ; • Terrorists; • Terrorist organizations ; and • Narcotics traffickers; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http//www .treas . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 Business Interruption Extension In consideration of the premium paid , and subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached , and also to the FOLLOWING ADDITIONAL CONDITIONS , EXCLUSIONS AND LIMITATIONS , this Policy is extended to cover loss resulting from necessary Interruption of Business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to the Property Insured . In the event of such Direct Physical Loss or Damage , the Underwriters shall be liable for the actual loss sustained by the Insured resulting directly from such necessary Interruption of Business , but not exceeding the reduction in Gross Earnings , as defined hereafter, less charges and expenses which are not necessary during the Interruption of Business, for a period not to exceed the lesser of: - a ) such 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 damaged , or b) eighteen ( 18 ) calendar months , commencing with the date of such Direct Physical Loss or Damage and not limited by the expiration of this Policy. Extended Period of Indemnity: The period described above shall include such length of time , not to exceed one hundred and eighty ( 180) days , to restore the Insured 's business to the condition that would have existed had no Direct Physical Loss or Damage occurred commencing with the later of the following dates : i ) The date on which the liability of the Underwriters for Direct Physical Loss or Damage would otherwise terminate ; and ii ) The date on which the repair, rebuilding or replacement of such part of the property as has been destroyed or damaged is actually completed . Due consideration shall be given to the continuation of normal charges and expenses , including payroll expenses ( but limited to ninety (90 ) days in respect of Ordinary Payroll ) , to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the Direct Physical Loss or Damage . CONDITIONS 1 . Direct Loss or Damage No claim shall be payable under this Extension unless and until a claim has been paid , or liability admitted , in respect of Direct Physical Loss or Damage to Property Insured under the Policy to which this Extension is attached and which gave rise to Interruption of Business . This Condition shall not apply if no such payment shall have been made , or liability admitted , solely owing to the operation of a Deductible in said Policy which excludes liability for losses below a specified amount. 3 . Resumption of Operations If the Insured could reduce the loss resulting from the Interruption of Business , a ) by complete or partial resumption of operation of the property, and/or b) by making use of Merchandise , Stock ( Raw, In Process or Finished ) , or any other property at the Insured 's locations or elsewhere , Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 and/or c) by using or increasing operations elsewhere , then such possible reduction shall be taken into account in arriving at the amount of loss hereunder. 4 . Expenses to reduce Loss This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension (except expenses incurred to extinguish a fire ) , and , in respect of manufacturing risks , such expense , in excess of Normal , as would necessarily be incurred in replacing any Finished Stock used by the Insured to reduce loss under this Extension ; but in no event to exceed the amount by which loss under this Extension is thereby reduced . Such expenses shall not be subject to the application of any contribution clause . EXCLUSIONS This Extension does not insure against: - 1 . increase in loss resulting from interference at the insured premises , by strikers or other persons , with rebuilding , repairing or replacing the property or with the resumption or continuation of operation ; 2 . increase in loss caused by the suspension , lapse , or cancellation of any lease , licence , contract, or order, unless such results directly from the insured Interruption of Business, and then Underwriters shall be liable for only such loss as affects the Insured's earnings during , and limited to , the period of indemnity covered under this Policy; 3 . increase in loss caused by the enforcement of any ordinance or law regulating the use , reconstruction , repair or demolition of any property insured hereunder; 4 . loss of market or any other consequential loss . LIMITATIONS 1 . The Underwriters shall not be liable for more than the smaller of either: - a ) any specific Business Interruption Sublimit stated in the Policy, or b) the Policy Limit of Liability stated in the Policy, where such includes Business Interruption , if such is a combined limit, in respect of such loss, regardless of the number of locations suffering an interruption of business as a result of any one occurrence . 2 . With respect to loss resulting from damage to or destruction of media for, or programming records pertaining to , electronic data processing or electronically controlled equipment, by the perils insured against, the length of time for which the Underwriters shall be liable hereunder shall not exceed : - a) thirty (30) consecutive calendar days or the time required with exercise of due diligence and dispatch to reproduce the data thereon from duplicates or from originals of the previous generation , whichever is less ; or, b) the length of time that would be required to rebuild , repair or replace such other property herein described as has been damaged or destroyed , but not exceeding eighteen ( 18) calendar months , whichever is the greater length of time . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 DEFINITIONS 1 . Gross Earnings are for the assessment of premium and for adjustment in the event of loss defined as , The sum of: - a ) total net sales value of production or sales of Merchandise , and b ) other earnings derived from the operations of the business, less the cost of c) Raw Stock from which production is derived , d ) supplies consisting of materials consumed directly in the conversion of such Raw Stock into Finished Stock, or in supplying the services sold by the Insured , e ) Merchandise sold including packaging materials therefor, f) materials and supplies consumed directly in supplying the service(s ) sold by the Insured , g ) service(s) purchased from outsiders (not employees of the Insured ) for resale which do not continue under contract, h ) the difference between the cost of production and the nett selling price of Finished Stock which has been sold but not delivered . No other costs shall be deducted in determining Gross Earnings . In determining Gross Earnings due consideration shall be given to the experience of the business before the date of Direct Physical Loss or Damage and the probable experience thereafter had Direct Physical Loss or Damage not occurred . 2 . Raw Stock Material in the state in which the Insured receives it for conversion into Finished Stock. 3 . Stock in Process Raw Stock which has undergone any ageing , seasoning , mechanical or other process of manufacture at the Insured's premises but which has not become Finished Stock. 4 . Finished Stock Stock manufactured by the Insured which in the ordinary course of the Insured's business is ready for packing , shipment or sale . 5 . Merchandise Goods kept for sale by the Insured which are not the product of manufacturing operations conducted by the Insured . 6 . Normal The condition that would have existed had no Direct Physical Loss or Damage occurred . 7 . Ordinary Payroll Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 The entire payroll expense for all employees of the Insured except officers , executives , department managers , and other employees under contract. LMA5039 (Amended ) 14/ 12/2005 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 DEBRIS REMOVAL ENDORSEMENT THIS ENDORSEMENT CONTAINS PROVISIONS WHICH MAY LIMIT OR PREVENT RECOVERY UNDER THIS POLICY FOR LOSS WHERE COSTS OR EXPENSES FOR DEBRIS REMOVAL ARE INCURRED . Nothing contained in this Endorsement shall override any Seepage and/or Pollution and/or Contamination Exclusion or any Radioactive Contamination Exclusion or any other Exclusion applicable to this Policy. Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to or destruction of property, for which Underwriters hereon agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay (hereinafter referred to as ' Damage or Destruction') , this Policy also insures, within the sum insured , subject to the limitations and method of calculation below , and to all the other terms and conditions of the Policy, costs or expenses ; (a) which are reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage or Destruction occurred , of debris which results from the Damage or Destruction ; and (b) of which the Assured becomes aware and advises the amount thereof to Underwriters hereon within one year of the commencement of such Damage or Destruction . 2 . In calculating the amount, if any, payable under this Policy for loss where costs or expenses for removal of debris are incurred by the Assured (subject to the limitations in paragraph 1 above) : (a) the maximum amount of such costs or expenses that can be included in the method of calculation set out in (b) below shall be the greater of US$25 , 000 (twenty-five thousand dollars) or 10% (ten percent) of the amount of the Damage or Destruction from which such costs or expenses result; and (b) the amount of such costs or expenses as limited in (a) above shall be added to : (i ) the amount of the Damage or Destruction ; and (ii ) all other amounts of loss, which arise as a result of the same occurrence , and for which Underwriters hereon also agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay; and the resulting sum shall be the amount to which any deductible or underlying amount to which this Policy is subject and the limit (or applicable sub-limit) of this Policy, shall be applied . N MA2343 24/ 11 / 1988 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 SANCTION LIMITATION AND EXCLUSION CLAUSE 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 , United Kingdom or United States of America . LMA3100 15 September 2010 WAR AND TERRORISM EXCLUSION ENDORSEMENT Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss ; ( 1 ) war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not) , civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power; or (2) any act of terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organisation (s) or government(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to ( 1 ) and/or (2) above . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. NMA2918 08/10/2001 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term : January 1 , 2022 to January 1 , 2023 NUCLEAR , BIOLOGICAL , CHEMICAL , RADIOLOGICAL EXCLUSION ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 01 /01 /2022 to 01 /01 /2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART The following exclusions are added to your Policy or Coverage Part. This insurance does not apply to : A. Loss or damage arising directly or indirectly from B . Loss or damage arising directly or indirectly from the nuclear detonation , reaction , nuclear radiation or dispersal , application or release of, or exposure to , radioactive contamination , all whether controlled or chemical , radiological , or biological materials or uncontrolled , or due to any act or condition incident agents , all whether controlled or uncontrolled , or due to any of the foregoing , whether such loss be direct to any act or condition incident to any of the or indirect, proximate or remote , or be in whole or in foregoing , whether such loss be direct or indirect, part caused by, contributed to , or aggravated by, proximate or remote , or be in whole or in part caused any physical loss or damage insured against by this by, contributed to , or aggravated by, any physical Policy or Coverage Part, however such nuclear loss or damage insured against by this Policy or detonation , reaction , nuclear radiation or Coverage Part, however such dispersal , application , radioactive contamination may have been caused . release or exposure may have been caused . This exclusion replaces any other nuclear detonation , nuclear reaction , nuclear radiation or C . If this endorsement is attached to a Commercial radioactive contamination exclusions found Inland Marine Policy or Coverage Part, the term loss elsewhere in this Policy. or damage is changed to Loss . ACE 0210 (01 /08) ©Chubb. 2016. All rights reserved. Page 1 of 1 lit/estc pester A Chubb Company ASBESTOS MATERIAL EXCLUSION (Named Peril Exception) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 O1/O1/2O22 t0 O1/O1/2O23 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING: COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following exclusion is added to this policy; supersedes any term, provision or endorsement to the contrary in this policy; and applies notwithstanding such term, provision or endorsement: A. This policy excludes loss or damage to asbestos, asbestos-containing product, or asbestos-containing material. B. This policy does not provide insurance against any loss, damage, cost, expense, fine or penalty resulting from or arising out of: 1. remediation of any kind, including but not limited to removal or modification, of any asbestos, asbestos- containing product, or asbestos-containing material from a building or structure of any kind, whether damaged or undamaged, and regardless of the reason such removal is undertaken, whether voluntary or compelled by government directive; or 2. the demolition or increased cost of reconstruction of property, the repair of property, the removal of debris, or the loss of use of property when caused by, arising out of, or undertaken due to the enforcement of any law, regulation, rule or ordinance that in any manner regulates asbestos, asbestos-containing product, or asbestos-containing material, except to the extent that coverage is provided by the Demolition and Increased Cost of Construction Additional Coverage; or 3 . any fault in the design, manufacture, or installation of asbestos, asbestos-containing product, or asbestos- containing material. C. Notwithstanding the exclusions set forth above, this Policy covers direct physical loss or damage to asbestos, asbestos-containing product, and asbestos-containing material which is physically incorporated into an insured building or structure, including the necessary costs to remove or remediate such damaged asbestos, but only when such damage occurring during the policy period is directly and solely caused by the following perils, and then only that part of such asbestos which incurs direct physical loss or damage: fire, lightning, explosion, windstorm, hail, smoke, aircraft or vehicle impact, riot or civil commotion, vandalism, malicious mischief or accidental discharge of fire protective equipment. All other terms and conditions remain unchanged. ACEo61 (08/18) Page 1 of 1 ELECTRONIC DATA AMENDMENT ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 01 /01 /2022 to 01 /01 /2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART The following terms and provisions are added to the Policy; supersede any term , provision or endorsement to the contrary in this Policy; and apply notwithstanding any such term , provision or endorsement in this Policy or in any underlying , contributing or followed policy: 1 . This Policy excludes loss , damage , destruction , distortion , erasure , corruption , alteration , diminishment in value , or loss of use or usefulness of: a . " Electronic Data" by any cause whatsoever (including but not limited to "Computer Virus") ; b . " Electronic Data Processing Equipment" caused by or resulting from the loss , damage , destruction , distortion , erasure , corruption , alteration , diminishment in value , or loss of use or usefulness of "Electronic Data" ; regardless of any other cause or event that contributes concurrently or in any sequence to the loss , damage , destruction , distortion , erasure , corruption , alteration , diminishment in value , or loss of use or usefulness of " Electronic Data" , " Electronic Data Processing Equipment" , or " Electronic Media" ; and/or c. " Electronic Media" caused by or resulting from the loss, damage , destruction , distortion , erasure , corruption , alteration , diminishment in value , or loss of use or usefulness of " Electronic Data" ; regardless of any other cause or event that contributes concurrently or in any sequence to the loss , damage , destruction , distortion , erasure , corruption , alteration , diminishment in value , or loss of use or usefulness of "Electronic Data" , " Electronic Data Processing Equipment" , or " Electronic Media" . This exclusion does not apply to loss or damage to " Electronic Data" , " Electronic Data Processing Equipment" , and " Electronic Media" caused by or resulting from a " Named Peril" , if and to the extent such Named Peril is already covered by this or by any underlying policy. 2 . This Policy excludes loss , damage , cost or expense resulting from or arising out of any failure , malfunction , deficiency, deletion , fault, Computer Virus or corruption of computer code that results from or arises out of any authorized or unauthorized access by any means and for any purpose , whether intentional or inadvertent, in , of or to any " Electronic Data" , " Electronic Data Processing Equipment" , or " Electronic Media" and similar data , media , devices , and equipment in the ownership , possession , or control of a third party. Definitions 1 . " Electronic Data" means information , facts or "Computer Programs" stored as or on , created or used on , or transmitted to or from computer software ( including systems and applications software) , on hardware , computer memory, hard or floppy disks , zip drives , CD-ROMs, tapes , drives , cells , data processing devices or any other repositories of computer software which are used with electronically controlled equipment. ACE126 ( 10/14 ) ©Chubb. 2016. All rights reserved . Page 1 of 2 2 . "Computer Programs" means a set of related electronic instructions which direct the operations and functions of a computer or device connected to it, which enable the computer or device to send , receive , process , store , retrieve , erase , or destroy data , and "Electronic Data" which is integrated in and operates or controls the building's elevator, lighting , plumbing , electricity, heating , ventilation , air conditioning , security system , safety system , and fire protection system , but does not include prepackaged software held in storage . 3 . " Electronic Data Processing Equipment" means "Computers" , computer servers and similar equipment and component parts thereof, the purpose of which is to process Electronic Data . 4 . " Electronic Media" means any physical device the purpose of which is to hold , store , contain or transfer " Electronic Data" , and includes but is not limited to disks , drives , films , tapes , records , drums , or cells . 5 . "Computers" includes but is not limited to mainframes, servers , workstations and portable computing devices , personal information managers , wide and local area network hardware , electronic and electromechanical equipment, data processing equipment, electronic controls for machinery, electronically programmed memory chips , and electronically controlled communication equipment. 6 . "Computer Virus" means instructions , code , files , applications or any software program that has the ability or is suspected to have the ability to damage , destroy, erase , corrupt, alter, impede , or prevent access to " Electronic Data" , " Electronic Media " or "Computers" , or to disrupt or interfere with the operations of "Computers" , or to disrupt or interfere with the operation of any software or the reliability of any " Electronic Data" , including but not limited to malicious codes , malware , Trojan Horses, worms and time or logic bombs . 7 . " Named Peril" means the perils of Fire ; Lightning ; Explosion ; Windstorm or Hail ; Smoke ; Aircraft or Vehicles ; Riot and Civil Commotion ; Willful or malicious physical loss or damage by a means other than "Computer Virus" and/or an authorized or unauthorized access in , of or to any " Electronic Data" , " Electronic Data Processing Equipment" and/or " Electronic Media" ; Leakage from fire extinguishing equipment; Sinkhole Collapse ; Volcanic Action ; Building glass breakage ; Falling Objects, Weight of snow, ice or sleet, Water Damage ; Sonic Boom ; Theft; Flood , Earthquake or Earth Movement. All other terms and conditions remain unchanged . ACE126 ( 10/14 ) ©Chubb. 2016 . All rights reserved. Page 2 of 2 liliesfi nester A Chubb Company EXCLUSION OF LOSS DUE TO VIRUS, BACTERIA OR MICROORGANISM THAT INDUCE PHYSICAL DISTRESS , ILLNESS OR DISEASE Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 01/01/ 2022 to 01/01/2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. The following exclusion is added to this policy; supersedes any term, provision or endorsement to the contrary in this policy; and applies notwithstanding such term, provision or endorsement: This Policy excludes any and all loss, damage, cost, or expense of any nature whatsoever directly or indirectly caused by or resulting from the following, regardless of any other cause or event, whether or not insured under this Policy, contributing concurrently or in any other sequence thereto : Any virus, bacteria or other microorganism that induces or is capable of inducing physical distress, illness or disease, or the fear or threat (whether actual or perceived) of any such virus, bacteria or microorganism, including any and all loss directly or indirectly caused by any action or inaction of the insured or any action or order of a government undertaken in response to, or intended to detect, control, prevent, suppress, mitigate or remediate, the actual, suspected, or anticipated presence of any virus, bacteria or other microorganism that induces or is capable of inducing physical distress, illness or disease. This exclusion does not apply to loss or damage caused by or resulting from moss or fungus (including mold and mildew), or any mycotoxins, spores, scents, or other by-products of fungi, if such loss or damage, including any exclusion thereof, is addressed in a separate provision elsewhere in this Policy. This exclusion supersedes any exclusion relating to pollutants or contaminants. Other policy provisions excluding coverage of loss due to virus, bacteria, or microorganism of a type other than that which induce or are capable of inducing physical distress, illness or disease remain in full force and effect. All other terms and conditions remain unchanged. Authorized Representative Authorized Representative AGP-53329a (04/20) Page 1 of 1 TERRORISM EXCLUSION ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 01 /01 /2022 to 01 /01 /2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : BOILER AND MACHINERY COVERAGE PART BUSINESS AUTO COVERAGE FORM GARAGE COVERAGE FORM MOTOR CARRIER COVERAGE FORM TRUCKERS COVERAGE FORM BUSINESS AUTO PHYSICAL DAMAGE COVERAGE FORM COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE FORM COMMERCIAL PROPERTY COVERAGE PART STANDARD PROPERTY POLICY The following exclusion is added to this policy and applies to all coverages , additional coverages , and coverage extensions , notwithstanding any provision to the contrary in this policy or any other endorsement hereto : A. This insurance does not cover loss , damage , injury, expense , cost, or legal obligation directly or indirectly caused by or resulting from 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 thereto : 1 . "Act of Terrorism" ; or 2 . Actions taken by or on behalf of any government or any branch or division thereof ( including , without limitation , the uniformed armed forces , militia , police , state security, and anti-terrorism agencies ) in responding to , preventing , combating , defending or retaliating against any "Act of Terrorism ; or 3 . dispersal , application , or release of any actual or alleged pathogen , poison , biologic or chemical product, material , waste or substance as a result of an Act of Terrorism , and it reasonably appears that one purpose of the Act of Terrorism was to release such product, material , waste or substance . This exclusion applies whether or not the "Act of Terrorism" was committed in concert with or on behalf of any organization or government. The terms and limitations of this exclusion do not serve to create coverage for any loss which would otherwise be excluded under this Policy, such as , but not limited to , losses excluded by the " Nuclear Exclusion" or the "War Exclusion" or similar provision . B . As used in this endorsement: 1 . "Act of Terrorism" means any act against persons , organizations or property of any nature that involves the following or preparation for the following : a . Use or threat of force or violence ; or b . Commission or threat of a dangerous act; or c. Commission or threat of an act that interferes with or disrupts an electronic, communication , information , or mechanical system ; and ALL- 10750 (01 / 15) ©Chubb. 2016. All rights reserved . Page 1 of 2 2 . Appears to be intended , in whole or in part, to : a . Intimidate or coerce a government or the civilian population ; or b . Disrupt any segment of a nation's economy; or c. Influence the policy of a government by intimidation or coercion ; or d . Affect the conduct of a government by mass destruction , assassination , kidnapping or hostage-taking ; or e . Further political , ideological , religious , social or economic objectives or to express (or express opposition to) a philosophy or ideology; or f. Respond to governmental action or policy. "Act of Terrorism" shall also include any incident determined to be such by an official , department or agency that has been specifically authorized by federal statute to make such a determination . C . Exception Covering Certain Fire Losses If an Act of Terrorism results in a fire and the direct physical loss or damage to property insured hereunder located in any State of the United States , the District of Columbia , the Commonwealth of Puerto Rico , the Commonwealth of the Northern Mariana Islands , American Samoa , Guam , each of the United States Virgin Islands and any territory or possession of the United States , that, either pursuant to the Standard Fire Policy or otherwise , prohibits exclusions for acts of terrorism that result in fire , this Company will pay for the loss or damage caused by that fire . Such coverage for fire applies only to direct loss or damage to property insured hereunder and may be limited , in accordance with the Standard Fire Policy, to the lesser of the actual cash value of the property at the time of the loss or the amount which it would cost to repair or replace the property, without allowance for any increased cost of repair or replacement by reason of any ordinance or law, and without any compensation for business interruption , extra expense to continue business activities , or any other coverage for loss or damage other than direct physical loss or damage to the property insured hereunder. All other terms and conditions remain unchanged . ALL- 10750 (01 / 15) ©Chubb. 2016. All rights reserved . Page 2 of 2 SERVICE OF SUIT ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 01 /01 /2022 to 01 /01 /2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Information about service of suits upon the company is given below. Service of process of suits against the company may be made upon the following person , or another person the company may designate : Mr. Paul Bech , Esq . , Associate General Counsel Chubb 436 Walnut Street Philadelphia , PA 19106-3703 The person named above is authorized and directed to accept service of process on the company's behalf in any action , suit or proceeding instituted against the company. If the insured requests , the company will give the insured a written promise that a general appearance will be entered on the company's behalf if a suit is brought. If the insured requests , the company will submit to the jurisdiction of any court of competent jurisdiction . The company will accept the final decision of that court or any Appellate Court in the event of an appeal . However, nothing in this endorsement constitutes a waiver of the company' s right to : remove an action to a United States District Court, seek a transfer of a case to another court, or to enforce policy provisions governing choice of law or venue selection , as may be permitted by the laws of the United States, or of any state in the United States . The law of some jurisdictions of the United States of America requires that the Superintendent, Commissioner or Director of Insurance (or their successor in office) be designated as the company's agent for service of process . In these jurisdictions, the company designates the Director of Insurance as the company's true and lawful attorney upon whom service of process on the company's behalf may be made . The company also authorizes the Director of Insurance to mail process received on the company's behalf to the company person named above . If the insured is a resident of Canada , the insured may also serve suit upon the company by serving the government official designated by the law of the insured's province . NOTHING HEREIN CONTAINED SHALL BE HELD TO VARY , ALTER, WAIVE OR EXTEND ANY OF THE TERMS , CONDITIONS , OR LIMITATIONS OF THE POLICY TO WHICH THIS ENDORSEMENT IS ATTACHED OTHER THAN AS ABOVE STATED . Authorized Representative SL-34255a (01 / 16) Westchester Surplus Lines Insurance Company Insurance Company Colorado Counties Casualty and Property Pool Policyholder D38095432 005 Policy Number RISK PLACEMENT SERVICES INC Broker/Producer POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE You were 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 . 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 U nited 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 . YOU SHOULD KNOW THAT WHERE COVERAGE IS PROVIDED BY YOUR POLICY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM , SUCH LOSSES MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER, YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE , SUCH AS AN EXCLUSION FOR N UCLEAR EVENTS . UNDER THE FORMULA, THE UNITED STATES GOVERNMENT GENERALLY REIMBURSES 80% OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE . THE PREMIUM THAT WOULD BE CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS THAT MAY BE COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT. YOU SHOULD ALSO KNOW THAT 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 IN ANY ONE CALENDAR YEAR EXCEEDS $ 100 BILLION . IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED $ 100 BILLION , YOUR COVERAGE MAY BE REDUCED . You elected NOT to purchase terrorism coverage under the Act at the price indicated . ACCORDINGLY, WE WILL NOT P ROVIDE THIS COVERAGE AND YOU DO NOT OWE THE ADDITIONAL PREMIUM FOR THAT COVERAGE INDICATED BELOW. Terrorism coverage described by the Act under your policy was made available to you for additional premium in the amount of $62 ,400 , however you elected to decline such coverage . TRIA24a (08/20) Page 1 of 1 H/es tcWestchester A Chubb Company PARTICIPATION CLAUSE Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period I Effective Date of Endorsement FS D3go95432 005 01/01/2022 to 01/01/2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following: COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART In consideration of the premium charged, the subscribing Company hereto, hereinafter referred to as the "Company" does severally, but not jointly, agree to indemnify the Insured for the amount recoverable in accordance with the terms and conditions of this policy and any endorsements hereto, provided that: The collective liability of the subscribing "Company" shall not exceed its percentage of the Limit of Insurance or any appropriate Sub-limit of Insurance or any aggregate Limit of Insurance in any Policy Year. The limit of the subscribing "Company" shall not exceed the Limit of the pro-rata percentage of Insurance set against is name. "Company" Westchester Surplus Lines Insurance Company "Company" Policy Number/Reference D3go95432 005 "Company" Participation $5, 000, 000 Per Occurrence Part of $25,000, 000 Per Occurrence Per Schedule "Company" Premium $624 ,000 All other terms and conditions remain unchanged. ACEo990 (02/21) Page 1 of 1 (319045) CHUBS " Chubb Producer Compensation Practices & Policies Chubb believes that policyholders should have access to information about Chubb's practices and policies related to the payment of compensation to brokers and independent agents. You can obtain that information by accessing our website at http ://www . chubbproducercompensation . com or by calling the following toll-free telephone number: 1 -866-512-2862 . ALL-20887 ( 10/06) Page 1 of 1 TRADE OR ECONOMIC SANCTIONS ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38095432 005 01 /01 /2022 to 01 /01 /2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This insurance does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit us from providing insurance, but not limited to , the payment of claims. All other terms and conditions of policy remain unchanged . Authorized Agent ALL-21101 ( 11 -06) Ptd . In U . S .A. COLORADO FRAUD STATEMENT It is unlawful to knowingly provide false , incomplete , or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines , denial of insurance , and civil damages . Any insurance company or agent of an insurance company who knowingly provides false , incomplete , or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance within the department of regulatory agencies . ALL-22368 (06/07) O ISO Properties, Inc. , 2004 IL P 001 01 04 U . S . TREASURY DEPARTMENT' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully. The Office of Foreign Assets Control (OFAC ) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents ; • Front organizations; • Terrorists ; • Terrorist organizations ; and • Narcotics traffickers; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http//www. treas . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. IL P 001 01 04 © ISO Properties , Inc. , 2004 Page 1 of 1 CHUBB ® Claims Directory Property and Inland Marine Claims or Loss Notices related to this policy should be reported to the following: Claim Office Email and Fax Location Chubb North First Notices Email : P . O . Box 5122 American ChubbClaimsFirstNotice@Chubb .com Scranton, PA Claims 18505 -0554 First Notices Fax : ( 877)-395 -0131 (Toll Free) (302)-476-7254 (Local) Phone : (800)-433 -0385 - Business Hours ( 800)-523 -9254 — After Hours MA-608255p (04/ 15) ©Chubb. 2016 . All rights reserved. Page 1 of 1 CHUBB ® SIGNATURES Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS D38o95432 005 01/01/2022 to 01/01/2023 Issued By (Name of Insurance Company) Westchester Surplus Lines Insurance Company Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THE ONLY SIGNATURES APPLICABLE TO THIS POLICY ARE THOSE REPRESENTING THE COMPANY NAMED ON THE FIRST PAGE OF THE DECLARATIONS . By signing and delivering the policy to you, we state that it is a valid contract. ILLINOIS UNION INSURANCE COMPANY (A stock company) 525 W. Monroe Street, Suite 400 , Chicago, Illinois 6o66i WESTCHESTER SURPLUS LINES INSURANCE COMPANY (A stock company) Royal Centre Two, 11575 Great Oaks Way, Suite 200 , Alpharetta, GA 30022 c.41drielladel anterte- --- JULIET SCHWEIDEL, Secretary JOHN J. LUPICA, President Authorized Representative LD-5S23k (03/21) Page 1 of 1 1.1:61 PLACEMENT SERVICES RPS Specialty Market Policy Notices for the Policy Holder and Retail Producer This form is NOT a part of the policy and does NOT amend policy wording , but is designed to be delivered when the policy is provided to the Policy Holder. When using "you" or "your" the form is addressing the Policy Holder; when using " Producer" it refers to the Retail Producing Entity and/or their production person ; RPS is used for Risk Placement Services , Inc. Assignment : This Policy or Certificate may not be assigned to another entity without the written consent of the Insurer. The policy wording should be reviewed carefully for this provision before any assignment attempt is made . Audits : If your insurance policy includes general liability, product liability and/or completed operations liability, your policy is subject to an audit on a Minimum and Deposit basis . Liability premiums are often calculated using estimated exposures for a future period of time , for example gross annual sales , payroll and subcontractor costs . At the end of your policy period , the company may audit the actual exposures for your policy period . If the exposures are higher than estimated , additional premium will be due . If the exposures are lower than estimated , and the premium already paid is a Minimum and Deposit premium then no premium adjustment will be made , and no return premium will be issued . The Producer should review any Audit Condition from the policy with you . The Producer is responsible for collecting any audit premiums due within 20 days of the billing , unless otherwise noted . Binding Coverage : Coverage can only be bound after a written request is received and acknowledged by RPS . Cancellation : The policy has specific cancellation provisions that should be reviewed , and may be subject to special endorsements based on the State regulations . Flat cancellations are not allowed . In order to cancel you need to make written request in advance of the requested date . The policy also contains provisions that establish minimum earned premiums , minimum and deposit premiums or fully earned premiums . Cancellation for non-payment of premium , including failure to pay outside financing , is generally considered to be at the request of the Insured and therefore subject to financial penalties as described in the policy. If a Notice of Cancellation is sent for non-payment , there may be a Service Fee ( not a premium ) required to effect a rescission of the Notice . The amount of the fee will typically be shown on the Notice , and must be paid by the party requesting the rescission . The policy may not continue if the Service Fee is not paid . Certificates of Insurance : You may request Certificates of Insurance from the Producer that placed your insurance policy. Such Certificates cannot contain wording contrary to the Policy Coverage as provided . Additional Insureds , often requested with Certificates of Insurance , generally require an Additional Premium , and can only be added after the Insurer knows of the insurable interest and accepts the entity as being added to the policy. Producers can access the RPS website to obtain many Certificates or make special coverage change requests via endorsement as needed to satisfy certain Certificate Holders , keeping in mind such additional coverages may require additional premium charges . Claims Reporting : Report all claims as soon as possible. The policy will define what constitutes a claim . The policy contains specific address , phone , or website information as to where and how to report a claim . Most Insurers maintain 24/7 service of such numbers . Your Producer may also assist you with filing a claim , and they have access to the RPS website https ://my. rpsins.com/claimsfnol and/or RPS claim reporting toll free number 1 -844-777-8323 to do so , however, you should review the claim reporting provision of the policy. If your policy is a "claims-made" policy, it is essential to understand what constitutes a claim from the language in the policy, and also know that all claims must be reported to the insurer as soon as possible . Both the policy and your broker can instruct you how and where to submit a claim . If a claim is reported after the time period specified in the policy, the insurer may deny coverage . Do not offer to compromise or settle any claim or demand without the insurer's prior agreement, or you will risk losing coverage . Coverage : This policy may not be as broad in scope as the policy it replaces nor as the coverage requested . This policy was issued to reflect the coverage as quoted by RPS to your Producer. Your Producer should review the entire contract of insurance with you . Endorsements : Additional coverage , changes or revisions are subject to acceptance of the Insurer and must be endorsed to the policy. The Producer has no authority to endorse or change the policy, but should submit in writing the requested changes to RPS who will work with the Insurer to effect endorsement's acceptability to the Insurer. Coverage is not in force until confirmed by RPS . RPS-159 (2020. 09) Page 1 of 2 IMTS PLACEMENT SERVICES Fees : Unless otherwise noted , all Fees are fully earned at the time of placement of this insurance and are not subject to pro-rata return if the policy is cancelled . Financing : Any premium financing is a contractual relationship between the Premium Finance Company ( PFC) and the Borrower. The Insurer, Agents , nor Brokers are parties to the Finance Agreement, and policy wording will not be amended to any contractual provisions therein . All such contracts must be set up showing the Insurer's Name c/o Risk Placement Services , Inc. , using the RPS branch address where the policy was placed . Once financed , it is the duty of the Producer to inform the PFC of any changes to the contract, additional or return premiums , and cancellation of the policy. Forms Signed & Returned : The policy may have been delivered with forms that require the signature of the Named Insured . Such forms should be signed and returned to the Producer immediately, so they can in turn provide them to RPS , who will post them to the Insurer files . Inspections : To keep coverage in force , an inspection may be required , and provisions for this are in the policy. Producer should review with the Policy Holder the need to arrange site appointments with inspectors , who may be vendors . Minimum Earned Premium : This quotation/policy may include a Minimum Earned Premium provision , expressed as a percentage and/or dollar amount. This means that if the insurance policy is cancelled by you for any reason , the company will retain no less than the Minimum Earned Premium . Example: The policy premium is $ 1 , 000 and the Minimum Earned Premium is 25%. The policy is an annual policy and is cancelled after 2 days of being in force. The company would retain at least 25% of the premium ($ 1 , 000 X 25 % = $250 and return no more than $ 750. Producer Not Agent: The Producer is a representative of the Policy Holder / Named Insured , and as such does not act as an Agent of the Insurer nor of RPS . Transportation Policies : Report all newly hired drivers as soon as possible . Report all newly acquired vehicles prior to putting them in service and/or on the road . RPS-159 (2020. 09) Page 2 of 2 Westchester Surplus Lines Insurance Company 11575 Great Oaks Way Suite 200 Alpharetta , GA 30022 NOTICE POLICY NO. D38095432 005 NAME OF INSURED : Colorado Counties Casualty and Property Pool ADDRESS : C/o CTS 800 Grant Street, Suite 400 Denver, CO 80203 We are pleased to enclose your policy for this account. Please be advised that by binding this risk with the above referenced Surplus Lines Insurance Company, you agree that as the Surplus Lines Broker responsible for the placement of this insurance policy, it is your obligation to comply with all States Surplus Lines Laws including completion of any declarations/affidavits that must be filed as well as payment of any and all Surplus Lines taxes that must be remitted to the State (s) . We will look to you for indemnification if controlling Surplus Lines Laws are violated by you as the Surplus Lines broker responsible for the placement. You further confirm that any applicable state requirement concerning a diligent search for coverage by admitted carriers has been fulfilled in accordance with state law. Thank you for this placement and your regulatory compliance . WSG-084 (05/11 ) Insurer Authorized Document of Insurance ( lAD ( Lloyds & Companies ) Policy Number; PW0330122 Insured: Colorado Counties Casualty and Property Pool Period: From : 1St January 2022 To : 1st January 2023 Sum Insured Primary USD 10, 000, 000 Gallagher The Walbrook Building 25 Walbrook London EC4N 8AW Registered Company No. 1193013 Gallagher Insurance Risk Management Consulting Gallagher nsurance I Risk Management Consulting This Insurance is effected with certain Underwriters at Lloyd 's , London (not incorporated ) and certain Companies . In this document these Underwriters and Companies will hereinafter be referred to as "the Insurers" . The Insurers hereby agree in consideration of payment to them of the premium specified herein by or on behalf of the Insured , to insure against loss , including but not limited to associated expenses specified herein , if any, to the extent and in the manner provided in this Document of Insurance . The Security Details contained in this document state which Insurers are party to this contract and defines their several (not joint) liability. It should be noted that if the attached wordings and endorsements refer to 'the Assured ' it is deemed to mean 'the Insured ' . It is noted that if there are references in the attached wordings and endorsements to ` Underwriters' it is deemed to mean 'the Insurers' . It is further noted that if there are references to 'this policy' in the attached wordings and endorsements it is deemed to mean 'this Document of Insurance' . If any terms , clauses or conditions are unclear are advised to contact broker immediate ) . you your y Broker : Arthur J . Gallagher The Walbrook Building 25 Walbrook , London EC4N 8AW United Kingdom . Property Division : +44 (0) 207204 6000 Claims Division : +44(0 ) 207204 6119 s ) 'Orkt G ; , ' her Insurance I Risk Management Consulting DUTY OF FAIR PRESENTATION We have set out below the applicable duty of disclosure that you have as regards insurers, where your policy is governed by the laws of England, Wales, Scotland, and Northern Ireland . You are required to make a fair presentation of the risk to Insurers which discloses every material circumstance which you know or ought to know relating to the risk to be insured . A circumstance is material if it would influence the judgment of a prudent insurer in determining whether to provide insurance for the risk and, if so, on what terms. What you know: You will be expected to know any information which is known by individuals who are : ( a ) part of your senior management ( i . e . individuals who play a significant role in the making of decisions about how your activities are to be managed or organised ); ( b) responsible for arranging your insurance ( i . e. individuals who participate on your behalf in the process of procuring your insurance in any capacity) . What you ought to know : In addition, you are expected to know any information that should reasonably have been revealed by a reasonable search of information available to you (whether the search is conducted by making enquiries or by other means) . This could include any information held within your organisation or by any other person . Clear and Accessible disclosure : The disclosure you give must be made in a manner which would be reasonably clear and accessible to a prudent insurer. Every material representation of a matter of fact which you make must be substantially correct and every material representation as to a matter of expectation or belief must be made in good faith . Failure to comply with the duty of fair presentation could mean that the policy is void or that Insurers are not liable to pay all or part of your claim ( s) . If you are in any doubt as to what may constitute a fair presentation, please feel free to contact us and we will endeavour to assist you . If your policy is not subject to English law you are expected to disclose risk information in accordance with the requirements of the applicable law . In such circumstances we expect you will disclose risk information at least equal to the standard required under English law and where the applicable law requires you to disclose information over and above the level required under English law you will provide such information in accordance with that law. Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. INSURER AUTHORIZED DOCUMENT OF INSURANCE CONTENTS PAGE S ECTION I -RISK DETAILS 2 S ECTION II - INFORMATION 5 S ECTION III - SECURITY DETAILS 7 S ECTION IV - CONTRACT ADMINISTRATION AND ADVISORY SECTIONS 10 S ECTION V - FISCAL AND REGULATORY SECTION 13 S ECTION VI - BROKER REMUNERATION AND DEDUCTIONS SECTION 14 S ECTION VII - THE WORDING 15 S ECTION VIII - SUPPLEMENTAL CLAUSES 17 Placed by : Risk Plaer�ent Ser� i �es In � . Gallagher1262 AJG nnsurance I Risk Tana Consulting I MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION I -RISK DETAILS This is a non-admitted carrier. It is the responsibility of RPS UNIQUE MARKET to arrange for the filing and REFERENCE : B1263PW0330122 paying of surplus lines tax TYPE : Co Insurance of Risks of Direct Physical Loss or Damage Including Flood and Earthquake INSURED : Colorado Counties Casualty and Property Pool and its affiliated , subsidiary, and associated companies and/or corporations and the insured 's interest in partnerships and joint ventures as now exist or may hereafter be constituted or acquired and any party in interest which the insured is responsible to insure . ADDRESS : 0/0 CTSI 800 Grant ST , Suite 400 Denver, CO 80203 PERIOD : From : 1st January 2022 To : 1St January 2023 Beginning and ending at 12 : 01 a . m . Local Standard Time at the location of the property insured . INTEREST: Real and Personal Property as described in the Co Insurer's Policy Wording and as declared to and agreed by the Underwriters. TIME ELEMENT : Business Interruption as described in the Co Insurer's Policy Wording and as declared to and agreed by the Underwriters . SUM INSURED : Subject to the `Order Hereon' stated in SECTION III - SECURITY DETAILS , the Limits of Underwriters' Liability shall be the following Limit(s) of Liability. Limit(s) of Liability : USD 10 , 000 , 000 ultimate net loss each occurrence , USD 10 , 000 , 000 ultimate net loss each occurrence and in the aggregate during the period of insurance in respect of the peril of Flood , and USD 10 , 000 , 000 ultimate net loss each occurrence and in the aggregate during the period of insurance in respect of the peril of Earthquake . DEDUCTIBLES : All Other Perils : USD 150 , 000 per occurrence for loss from All Perils except: Windstorm/ Hail : 2 % Per Building/Structure of the sum of all values listed in the most recent Schedule of Values on file with the Underwriters for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy; subject to the minimum deductible of USD 1 , 000 , 000 per occurrence . RPSATL/SC/2022 . 03 . 30 To Report a Loss Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority.D i a I toll-free # 1 (844 ) 777-8323 or visit o u r Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. • Website :i t e : https : //my. rpsins . com/claimsfnol Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK • Contact Insurer directly (see policy section ) ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr ) 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 DEDUCTIBLES Continued : Flood - SFHA/ 100 Year Flood : 2 % of the total insurable value at each covered location (including 12 months loss of income/extra expense if covered ) involved in the loss as of the date of loss; subject to a minimum of USD 1 , 000 , 000 per occurrence . Time Element: 24 Hours Service Interruption All as more fully stated in the Co Insurer's Policy Wording and as declared to the Underwriters . N OTICES : NOT APPLICABLE As attached in SECTION VIII - SUPPLEMENTAL CLAUSES TERRITORY : United States of America , its territories , possessions and Canada . CONDITIONS : As per Co Insurance Wording based on NMA2074 , as attached SECTION VII , following the terms of Lloyds of London , policy number PW0330021 (or renewal thereof) S UPPLEMENTAL CLAUSES : as attached SECTION VIII including :- THIS CONTRACT IS WEH Asbestos Endorsement ( 1994) - 518ARM00210 DELIVERED AS SURPLUS Biological or Chemical Materials Exclusion - NMA2962 LINES INSURANCE UNDER Radioactive Contamination Exclusion Clause - THE ' NONADMITTED Physical Damage - Direct ( U . S .A. ) - NMA1191 INSURANCE ACT' . THE War and Terrorism Exclusion Endorsement - NMA2918 INSURER ISSUING THIS U . S . Terrorism Risk Insurance Act Of 2002 As Amended Not Purchased CONTRACT IS NOT Clause - LMA5390 ADMITTED IN COLORADO Fraudulent Claim Clause- LMA5062 BUT IS AN ELIGIBLE Application of Sublimits Endorsement — LMA5130 N ONADMITTED INSURER . Sanction Limitation and Exclusion Clause LMA3100 THERE IS NO PROTECTION Inadvertent Errors and Omissions Clause U NDER THE PROVISIONS Extension of Coverage — Miscellaneous Unnamed Location OF THE 'COLORADO Off Premises Utilities' Services Clause ( Business Interruption ) INSURANCE GUARANTY - LMA5041 (amended ) Ingress/Egress Extension ( Business Interruption ) — LMA 5164 ASSOCIATION ACT. Civil or Military Authority Extension ( Business Interruption ) — LMA5161 Business Interruption Extension— LMA 5039 (amended ) Property Cyber and Data Endorsement - LMA5400 Joel D . Cavaness Communicable Disease Endorsement — LMA 5393 Debris Removal Endorsement — NMA 2343 CHOICE OF LAW & JURISDICTION : Law: State of Colorado , United States of America . Jurisdiction : United States of America per the LMA5020 Service of Suit Clause . LMA 5020 Service of Suit Clause naming Lloyd 's America , Inc. , Attention : Legal Department, 280 Park Avenue , East Tower, 25th Floor, New York, NY 10017 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 PREMIUM : Material Damage / Time Element USD 2 , 683 , 000 ( 100% ) Annual Premium : $402 , 450 . 00 CO Surplus Lines Tax : $ 12 , 073 . 50 ( Hereon USD 402 ,450 for 15 % order) Total Charges : $414 , 523 . 50 PREMIUM PAYMENT TERMS : Premium Payment Condition (Time On Risk) 4/86 It is a condition of this contract of Insurance that the premium due at inception must be paid to and received by Insurers on or before midnight on 1st March 2022 If this condition is not complied with , then this contract of Insurance shall terminate on the above date with the Insured hereby agreeing to pay premium calculated at not less than pro rata temporis . TAXES PAYABLE BY INSURED AND ADMINISTERED BY INSURER(S) : Nil INSURER CONTRACT DOCUMENTATION : This document details the contract terms entered into by the Insurer(s) , and constitutes the contract document This Contract is subject to U . S . State Surplus Lines requirements . It is the responsibility of the surplus lines broker to affix a surplus lines notice to the contract document before it is provided to the Insured . In the event that the surplus lines notice is not affixed the contract document the Insured should contact the surplus lines broker. Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION II - INFORMATION The following Information was provided to Insurer(s) to support the assessment of the risk at the time of underwriting : Information per Presentation which held on Arthur J Gallagher. file and available on request, and which noted and agreed by Insurer(s) . Total Declared Values : USD 3 , 076 , 178 , 555 Approximate breakdown of values as per Schedule contained within Submission which noted and agreed by Insurer(s). Loss record (as advised to Arthur J Gallagher. contained within Submission which noted and agreed by Insurer(s). Sub — Limits contained in Co- Insurer's Policy U SD 50 , 000 , 000 In the aggregate annually as respects Earthquake Loss U SD 5 , 000 , 000 In the aggregate as respects any Flood loss in Zones A, AO , AE , AH , A1 -30 , A99 , AR U SD 50 , 000 , 000 In the Aggregate as respects all other Flood loss U SD 50 , 000 , 000 In the aggregate annually for all Flood losses combined U SD 25 , 000 , 000 Newly acquired property any one Occurrence — 90 Days ; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition U SD 250 , 000 Accounts Receivable U SD 5 , 000 , 000 Builders risks , renovations , repairs made by the Insured at any location (including new locations with total contract cost under $5 , 000 , 000) within the territorial limits of the policy, any one occurrence U SD 8 , 071 , 695 Builders risks , renovations , repairs made by the Insured at any location (including new locations with total contract cost under $8 , 071 , 695) within the territorial limits of the policy, any one occurrence in respect of the Following location only: Ouray County Builders Risk Project - 541 4TH , OURAY , CO 81427 U SD 1 , 000 , 000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; U SD 50 , 000 Unscheduled Locations U SD 500 , 000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity U SD 250 , 000 Civil Authority — 4 Weeks Maximum U SD 250 , 000 Ingress/Egress — 4 Weeks Maximum U SD 1 , 000 , 000 Unnamed Location , any one occurrence . U SD 100 , 000 Personal Property of Employees at a described location U SD 50 , 000 Personal Property of Others while on the Insured's property U SD 10 , 000 , 000 Ordinance or Law U SD 10 , 000 , 000 Extra Expense U SD 1 , 000 , 000 Expediting Expense U SD 1 , 000 , 000 Property in Transit U SD 10 , 000 , 000 Contractors' Equipment subject to maximum USD 1 ,500 , 000 per item U SD 5 , 000 , 000 Fine Arts subject to maximum USD 500 , 000 per item U SD 1 , 000 , 000 Fire Fighting Materials U SD 250 , 000 Furs, Jewelry, Precious Stones and Metals not used for industrial purposes U SD 250 , 000 Loss Adjustment Expenses/Professional Services U SD 10 , 000 , 000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation U SD 1 , 000 , 000 Errors or Omissions U SD 1 , 000 , 000 Vehicle Physical Damage — Over the Road U SD 25 , 000 in the Annual Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured subject to a USD 1 , 500 , 000 Annual Aggregate for all U SD 100 , 000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 1262 Gallagher AJGnnsuronce I risk Management I Consulting MARKET REFORM CONTRACT UMR : B1262PW0330122 USD 100, 000 Trees and Shrubs USD 10, 000, 000 Valuable Papers Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION III - SECURITY DETAILS INSURER'S LIABILITY ( RE) INSURERS LIABILITY CLAUSE ( Re)insurer's liability several not joint The liability of a (re)insurer under this contract is several and not joint with other (re)insurers party to this contract. A (re)insurer is liable only for the proportion of liability it has underwritten . A (re)insurer is not jointly liable for the proportion of liability underwritten by any other (re)insurer. Nor is a (re )insurer otherwise responsible for any liability of any other (re )insurer that may underwrite this contract. The proportion of liability under this contract underwritten by a ( re)insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp . This is subject always to the provision concerning "signing" below. In the case of a Lloyd ' s syndicate , each member of the syndicate ( rather than the syndicate itself) is a (re)insurer. Each member has underwritten a proportion of the total shown for the syndicate (that total itself being the total of the proportions underwritten by all the members of the syndicate taken together) . The liability of each member of the syndicate is several and not joint with other members . A member is liable only for that member's proportion . A member is not jointly liable for any other member's proportion . Nor is any member otherwise responsible for any liability of any other (re)insurer that may underwrite this contract. The business address of each member is Lloyd 's , One Lime Street, London EC3M 7HA. The identity of each member of a Lloyd 's syndicate and their respective proportion may be obtained by writing to Market Services, Lloyd 's , at the above address . Proportion of liability Unless there is "signing" (see below) , the proportion of liability under this contract underwritten by each (re)insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp and is referred to as its "written line" . Where this contract permits, written lines , or certain written lines , may be adjusted ("signed" ) . In that case a schedule is to be appended to this contract to show the definitive proportion of liability under this contract underwritten by each (re)insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) . Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnn urance I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 A definitive proportion (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of a Lloyd 's syndicate taken together) is referred to as a "signed line" . The signed lines shown in the schedule will prevail over the written lines unless a proven error in calculation has occurred . Although reference is made at various points in this clause to "this contract" in the singular, where the circumstances so require this should be read as a reference to contracts in the plural . LMA3333 21 June 2007 ORDER HEREON : 15% of 100% BASIS OF WRITTEN LINES : Percentage of Whole SIGNING PROVISIONS : In the event that the written lines hereon exceed 100% of the order, any lines written "to stand" will be allocated in full and all other lines will be signed down in equal proportions so that the aggregate signed lines are equal to 100% of the order without further agreement of any of the (re)insurers. However: a ) in the event that the placement of the order is not completed by the commencement date of the period of insurance then all lines written by that date will be signed in full ; b ) the signed lines resulting from the application of the above provisions can be varied , before or after the commencement date of the period of insurance , by the documented agreement of the (re)insured and all (re )insurers whose lines are to be varied . The variation to the contracts will take effect only when all such (re )insurers have agreed , with the resulting variation in signed lines commencing from the date set out in that agreement. Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 In a co-insurance placement, following (re )insurers may, but are not obliged to , follow the premium charged by the lead (re) insurer. ( Re ) insurers may not seek to guarantee for themselves terms as favourable as those which others subsequently achieve during the placement. WRITTEN LINES % In respect of electronic lines the Underwriter(s ) agreement and participation to this Contract has been accepted upon the Lloyd ' s Placing Platform Limited ( PPL) program . Confirmation of Underwriter(s ) acceptance is noted within Market Submission - Security Details located on the final pages of this document . Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION IV - CONTRACT ADMINISTRATION AND ADVISORY SECTIONS SUBSCRIPTION AGREEMENT SECTION SLIP LEADER : TAL 1183 BUREAU LEADER : Lloyd 's Bureau Leader is TAL 1183 Company Bureau Leader is N/A The Bureau Leaders must adhere to the applicable claims agreement practices and act in accordance with CLAIMS AGREEMENT PARTIES , as defined in A or B (below) , dependent upon the claim falling within the scope of the Single Claims Agreement Party (SCAP ) Arrangement. BASIS OF AGREEMENT TO CONTRACT CHANGES : GUA (version 2 . 0 ) February 2014 with Non-Marine Schedule October 2001 Final premium/ going in values to be agreed Leading Underwriter only. Insurer(s) hereon agree to contribute to survey and valuation fees , as incurred . Agreement to net equivalent downwards (if required ) is to be agreed by Slip Leader only. Extensions to Premium Payment Condition date to be agreed by Slip Leader only. Endorsements will be advised to the following market when necessary under the terms of this agreement by Arthur J Gallagher ( UK) Ltd using Fax or email . OTHER AGREEMENT PARTIES FOR CONTRACT CHANGES, FOR PART 2 GUA CHANGES ONLY : Slip leader only to agree part two changes. AGREEMENT PARTIES FOR CONTRACT CHANGES, FOR THEIR PROPORTION ONLY, IF ANY : None Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGnnsuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 BASIS OF CLAIMS AGREEMENT: As specified under the CLAIMS AGREEMENT PARTIES and to be managed in accordance with : i ) The SINGLE CLAIMS AGREEMENT PARTY ARRANGEMENTS - LMA9150 [as below] for claims or circumstances assigned as Single Claims Agreement Party Claims (SCAP Claims ) or, where it is not applicable , then the following shall apply as appropriate : ii ) The Lloyd 's Claims Scheme (Combined ) , or as amended or any successor thereto . ( N . B . The applicable Lloyd 's Claims Scheme/part will be determined by the rules and scope of the Scheme (s)) . iii ) IUA claims agreement practices . iv) The practices of any company(ies) electing to agree claims in respect of their own participation . The applicable arrangements (scheme , agreement or practices) will be determined by the rules and scope of said arrangements and should be referred to as appropriate . CLAIMS AGREEMENT PARTIES : A. Claims falling within the scope of the LMA9150 to be agreed by Slip Leader only on behalf of all ( re)insurers subscribing ( 1 ) to this Contract on the same contractual terms (other than premium and brokerage) and (2 ) to these Arrangements. For the purposes of calculating the Threshold Amount, the sterling rate on the date that a financial value of the claim is first established by the Slip Leader shall be used and the rate of exchange shall be the Bank of England spot rate for the purchase of sterling at the time of the deemed conversion . B . For all other claims : i ) For Lloyd 's syndicates The leading Lloyd's syndicate and , where required by the applicable Lloyd's Claims Scheme , the second Lloyd's syndicate and/or the Scheme Service Provider. The second Lloyd 's Syndicate is ii ) Those companies acting in accordance with the IUA claims agreement practices , excepting those that may have opted out via iii ) below. iii ) Those companies that have specifically elected to agree claims in respect of their own participation . Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 iv) All other subscribing insurers that are not party to the Lloyd 's/IUA claims agreement practices , each in respect of their own participation . v) Notwithstanding anything contained in the above to the contrary, any ex gratia payments to be agreed by each (re)insurer for their own participation . CLAIMS ADMINISTRATION : Arthur J . Gallagher Insurance Brokers Limited and insurers agree that any claims hereunder (including any claims related costs/fees) will be notified and administered via ECF with any payment(s) processed via CLASS , unless both parties agree to do otherwise . Where claims or circumstances are not administered via ECF , notification , administration and payment(s) will be electronic. Where a Lloyd 's syndicate or IUA company is not an agreement party to the claim or circumstance (per CLAIMS AGREEMENT PARTIES A. above) , they agree to accept correct ECF sequences for administrative purposes to ensure information is circulated to all subscribing parties RULES AND EXTENT OF ANY OTHER DELEGATED CLAIMS AUTHORITY : None EXPERT(S) FEES COLLECTION : Fees to be collected directly between Underwriters and Experts SETTLEMENT DUE DATE : 1St March 2022 BUREAUX ARRANGEMENTS : Insurer(s) authorise Xchanging Ins-sure Services Limited and/or Xchanging Claims Services Limited to take down additional premiums , return premium , non- premium endorsements and claims on photo-copies of Market Reform Contract, signing slip or full policy as applicable . LPSO/LPC/XIS are fully authorised to accept premium as advised by client, and processed by Arthur J . Gallagher ( UK) Ltd . including final stock/loss of profits , or other adjustments as applicable without prior agreement. Underwriters hereon agree accept premium and settle claims in US Dollars / Euro / Sterling as required , at rate of exchange at time of settlement from the client / cedant / reinsured . Underwriters agree that the broker may release de-linked premium for this contract into settlement at different times. Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 Agreed that if Premium Payment Condition is extended Terms of trade date automatically extended to conform . Whenever a Premium Payment Condition due date falls on a weekend or public holiday it is agreed that the date is automatically carried forward to the first normal weekday thereafter. NOTICE OF CANCELLATION PROVISIONS : Where (re)insurers have the right to give notice of cancellation , in accordance with the provisions of the contract, then : To the extent provided by the contract, the Slip Leader is authorised to issue such notice on behalf of all participating (re )insurers ; and (optionally) Any (re)insurer may issue such notice in respect of its own participation . The content and format of any such notice should be in accordance with the ` Notice of Cancellation ' standard , as published by the London Market Group ( LMG ) , or their successor body, on behalf of London Market Associations and participants . However failure to comply with this standard will not affect the validity of the notice given . The notice shall be provided to the broker by the following means : By an email to Compliance UK©ajq . com Failure to comply with this delivery requirement will make the notice null and void . Satisfactory delivery of the notice will cause it to be effective irrespective of whether the broker has acknowledged receipt. Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION V - FISCAL AND REGULATORY SECTION TAX PAYABLE BY INSURER(S) : None COUNTRY OF ORIGIN : United States of America OVERSEAS BROKER : Risk Placement Services , Inc. 2400 Lakeview Pkwy Suite 675 , Alpharetta , GA 30009 S URPLUS LINES BROKER : Joel Cavaness 2850 Golf Road , 5th Floor Rolling Meadows , IL 60008 License Number: 93325 STATE OF FILING : Colorado U S CLASSIFICATION : Surplus Lines ALLOCATION OF P REMIUM TO CODING : 100% P2 REGULATORY CLIENT CLASSIFICATION : Large Risk REGULATORY RISK LOCATION : United States of America ( Non EEA) Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION VI - BROKER REMUNERATION AND DEDUCTIONS SECTION FEE PAYABLE BY CLIENT? : NO TOTAL BROKERAGE : 15% or Net equivalent downwards if required . OTHER DEDUCTIONS FROM PREMIUM : NIL Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. plc%) 1262 Gallagher AJGnn uronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION VII - THE WORDING Co insurance Wording (following a leading insurer) The Underwriters hereby agree to insure against loss , damage or liability the risk and sum insured as stated in the Wording Schedule on the same terms and conditions and at the same rates of the Company specified in the Wording Schedule . The Underwriters undertake , in the event of a loss , to pay their proportion , it being understood and agreed that the said Company shall , at the time of any loss , and at the same rate , cover at least their proportion stated in the Wording Schedule (subject only to reduction by the amount of any loss not reinstated ) for the same risk on the same subject matter, such proportion to be the same on each separate part thereof. The period of this Insurance is as stated in Section I — Risk Details . This Insurance will be subject , without notice , to the general and special conditions , endorsements , assignments and alterations of rates as are or may be assumed in the Company's policy upon which this Insurance is based . Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 THE WORDING SCHEDULE U nique Market Reference : B1262PW0330122 N ame of Insured : As Stated in Section I — Risk Details Address of Insured : As Stated in Section I — Risk Details Period of Insurance : As Stated in Section I — Risk Details The Risk and Sum Insured hereunder: As Stated in Section I — Risk Details Leading Co-insuring Company : 30% with Lloyds of London , Company Policy Number PW0330022 P remium : As Stated in Section I — Risk Details N MA2074 (Amended ) Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 SECTION VIII - SUPPLEMENTAL CLAUSES Notwithstanding anything to the contrary contained herein , it is understood and agreed that this insurance is subject to the following clauses which are attached hereto : - N o . 1 : WEH Asbestos Endorsement (1994) - 518ARM00210 N o .2 ; Service of Suit Clause (U . S.A. ) - LMA5020 N o .3 : Biological or Chemical Materials Exclusion - NMA2962 N o .4 : Radioactive Contamination Exclusion Clause - Physical Damage - Direct (U . S.A. ) - NMA1191 N o .5 : War and Terrorism Exclusion Endorsement - NMA2918 N o .6 : U . S. Terrorism Risk Insurance Act Of 2002 as Amended Not Purchased Clause N o .7 : Fraudulent Claim Clause- LMA5062 N o .8 : Application of Sublimits Endorsement - LMA5130 N o . 9 Sanction Limitation and Exclusion Clause — LMA3100 N o . 10 : Inadvertent Errors and Omissions Clause N o . 11 : Extension of Coverage — Miscellaneous Unnamed Location N o . 12. Off Premises Utilities' Services Clause ( Business Interruption ) - LMA5041 (amended ). N o . 13 : Ingress/Egress Extension ( Business Interruption) N o . 14 : Civil or Military Authority Extension (Business Interruption) - LMA5161 N o . 15 : Business Interruption Extension - LMA5039 (amended ) N o . 16 : Property Cyber and Date Endorsement - LMA5400 N o . 17 : Communicable Disease Endorsement - LMA 5393 N o . 18 : Debris Removal Endorsement - NMA 2343 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 1 WEH ASBESTOS ENDORSEMENT ( 1994) A. This Policy only insures asbestos physically incorporated in an insured building or structure , and then only that part of the asbestos which has been physically damaged during the policy period by one of these Listed Perils : Fire ; Explosion ; Lightning ; Windstorm ; Hail ; Direct impact of vehicle , aircraft or vessel ; Riot or civil commotion ; vandalism or malicious mischief; or accidental discharge of fire protective equipment. This coverage is subject to all limitations in the Policy to which this Endorsement is attached and , in addition , to each of the following specific limitations : 1 . The said building or structure must be insured under this Policy for damage by that Listed Peril . 2 . The Listed peril must be the immediate , sole cause of the damage to the asbestos . 3 . The Insured must report to Underwriters the existence and cost of the damage as soon as practicable after the Listed Peril first damaged the asbestos . However this policy does not insure any such damage first reported to Underwriters more than 12 (twelve) months after the expiration , or termination , of the policy. 4 . Insurance under this Policy in respect of asbestos shall not include any sum relating to : (i ) any faults in the design , manufacture or installation of the asbestos. (ii ) Asbestos not physically damaged by the Listed Peril including any governmental or regulatory authority direction or request of whatsoever nature relating to undamaged asbestos. B . Except as set forth in the foregoing Section A, this policy does not insure asbestos or any sum relating thereto . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED 518ARM00210 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 N o . 2 SERVICE OF SUIT CLAUSE ( U . S .A. ) This Service of Suit Clause will not be read to conflict with or override the obligations of the parties to arbitrate their disputes as provided for in any Arbitration provision within this Policy. 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 (or reinsurance) . It is agreed that in the event of the failure of the Underwriters hereon 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 service of process in such suit may be made upon Lloyd 's America , Inc. , Attention : Legal Department, 280 Park Avenue , East Tower, 25th Floor, New York, NY 10017 , USA and that in any suit instituted against any 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 therefor, 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. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED LMA5020 N o .3 BIOLOGICAL OR CHEMICAL MATERIALS EXCLUSION It is agreed that this Insurance excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with the actual or threatened malicious use of pathogenic or poisonous biological or chemical materials regardless of any other cause or event contributing concurrently or in any other sequence thereto . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED N MA2962 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 4 RADIOACTIVE CONTAMINATION EXCLUSION CLAUSE - PHYSICAL DAMAGE - DIRECT ( U . S .A. ) This Policy does not cover any loss or damage arising directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination however such nuclear reaction nuclear radiation or radioactive contamination may have been caused * NEVERTHELESS if Fire is an insured peril and a Fire arises directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination any loss or damage arising directly from that Fire shall (subject to the provisions of this Policy) be covered EXCLUDING however all loss or damage caused by nuclear reaction nuclear radiation or radioactive contamination arising directly or indirectly from that Fire . * NOTE . - If Fire is not an insured peril under this Policy the words " NEVERTHELESS" to the end of the clause do not apply and should be disregarded . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED NMA1191 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 N o . 5 WAR AND TERRORISM EXCLUSION ENDORSEMENT N otwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss ; 1 . war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not), civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power; or 2 . any act of terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons , whether acting alone or on behalf of or in connection with any organisation (s) or government(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to 1 and/or 2 above . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED N MA2918 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnn urance I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 6 U . S . TERRORISM RISK INSURANCE ACT OF 2002 AS AMENDED NOT PURCHASED CLAUSE This Clause is issued in accordance with the terms and conditions of the "U. S. Terrorism Risk Insurance Act of 2002 " as amended as summarized in the disclosure notice. It is hereby noted that the Underwriters have made available coverage for " insured losses" directly resulting from an "act of terrorism" as defined in the " U . S . Terrorism Risk Insurance Act of 2002" , as amended ("TRIA") and the Insured has declined or not confirmed to purchase this coverage . This Insurance therefore affords no coverage for losses directly resulting from any "act of terrorism" as defined in TRIA except to the extent, if any, otherwise provided by this policy. All other terms , conditions , insured coverage and exclusions of this Insurance including applicable limits and deductibles remain unchanged and apply in full force and effect to the coverage provided by this Insurance . LMA5390 No . 7 FRAUDULENT CLAIM CLAUSE If the ( re) insured shall make any claim knowing the same to be false or fraudulent , as regards amount or otherwise , this contract shall become void and all claim hereunder shall be forfeited . LMA5062 4 September 2006 ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 8 APPLICATION OF SUBLIMITS ENDORSEMENT 1 . Application To Insured Interests. 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 . 2 . Application Within Perils. If insured under this policy, any sublimit for earthquake , earth movement, flood , windstorm , named storm , or named windstorm 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 such an occurrence . If flood occurs in conjunction with a windstorm , named storm , named windstorm , earthquake or earth movement, the flood sublimit applies within and erodes the sublimit for that windstorm , named storm , named windstorm , earthquake or earth movement. 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 . LMA5130 5 March 2009 No . 9 SANCTION LIMITATION AND EXCLUSION CLAUSE 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 , United Kingdom or United States of America . LMA3100 15 September 2010 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. plc%) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 10 INADVERTENT ERRORS AND OMISSIONS CLAUSE The property insured under this policy is based on property as per Schedule of Values on file with Underwriters , as submitted by the Insured prior to the inception of this policy. However, if any property of the Insured is omitted or undervalued because of negligence , error or oversight of the Insured , the Underwriters will accept that property as if such error or unintentional omission had not been made . Such omission or under valuation will not prejudice the Insured 's right of recovery under this policy. The Insured agrees to report to the Underwriters any omission or under valuation of property as soon as practicable after it is discovered . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED 518AJO00209 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 11 EXTENSION OF COVERAGE - MISCELLANEOUS UNNAMED LOCATION If a sublimit is shown in the Schedule , this Policy covers Real and Personal Property and related Time Element loss that occurs at Miscellaneous Unnamed Locations owned by the Insured or for which the Insured is legally responsible . Miscellaneous Unnamed Location means a location not included in the Schedule and/or on a separate schedule on file with Underwriters and located within the Territory . There is no coverage under this Extension of Coverage for any location which is covered under any other Extension of Coverage including but not limited to the Inadvertent Errors and Omissions Clause . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED No . 12 OFF PREMISES UTILITIES' SERVICES CLAUSE ( BUSINESS INTERRUPTION ) This Extension is subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached . In consideration of the premium paid , it is understood and agreed that if this Policy covers Business Interruption such coverage shall extend to loss resulting from necessary interruption of business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to gas , electric, water, and telephone facilities supplying the Insured 's premises . Loss arising from transmission distribution or feeder lines , however, will be limited to such lines located within five statute miles of the Insured 's premises , subject to a 24 hour waiting period . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. LMA5041 (amended ) 14/ 12/2005 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 13 INGRESS/EGRESS EXTENSION ( BUSINESS INTERRUPTION ) In consideration of the premium paid , and subject to the Exclusions , Conditions and Limitations of the Policy to which this Extension is attached , if this Policy covers Business Interruption , it is extended to cover the loss sustained by the Insured due to the necessary interruption of the Insured's business due to prevention of ingress to or egress from an insured location , whether or not the premises or property of the Insured is damaged , provided that such prevention is a direct result of physical loss or damage of the type insured by this Policy, to property of the type insured by this Policy situated within one statute mile of the insured location . This Extension does not insure loss resulting from : 1 ) lack of incoming or outgoing service consisting of electricity, fuel , gas , water, steam , refrigerant, sewerage and voice , data or video ; or 2 ) picketing or other action by strikers except for physical damage not excluded by this Policy. This Policy does not provide coverage under this Extension for more than 28 consecutive days . LMA5164 15 December 2010 No . 14 CIVIL OR MILITARY AUTHORITY EXTENSION ( BUSINESS INTERRUPTION ) In consideration of the premium paid , and subject to the Exclusions , Conditions and Limitations of the Policy to which this Extension is attached , if this Policy covers Business Interruption , it is extended to cover the loss sustained by the Insured due to the necessary interruption of the Insured's 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 of the type insured by this Policy, to property of the type insured by this Policy situated within one statute mile of the insured location . This Policy does not provide coverage under this Extension for more than 28 consecutive days . LMA5161 15 December 2010 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 15 Business Interruption Extension In consideration of the premium paid , and subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached , and also to the FOLLOWING ADDITIONAL CONDITIONS , EXCLUSIONS AND LIMITATIONS , this Policy is extended to cover loss resulting from necessary Interruption of Business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to the Property Insured . In the event of such Direct Physical Loss or Damage , the Underwriters shall be liable for the actual loss sustained by the Insured resulting directly from such necessary Interruption of Business , but not exceeding the reduction in Gross Earnings , as defined hereafter, less charges and expenses which are not necessary during the Interruption of Business , for a period not to exceed the lesser of: - a) such 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 damaged , or b) eighteen ( 18) calendar months , commencing with the date of such Direct Physical Loss or Damage and not limited by the expiration of this Policy. Extended Period of Indemnity: The period described above shall include such length of time , not to exceed one hundred and eighty ( 180 ) days , to restore the Insured 's business to the condition that would have existed had no Direct Physical Loss or Damage occurred commencing with the later of the following dates : i ) The date on which the liability of the Underwriters for Direct Physical Loss or Damage would otherwise terminate ; and ii ) The date on which the repair, rebuilding or replacement of such part of the property as has been destroyed or damaged is actually completed . Due consideration shall be given to the continuation of normal charges and expenses , including payroll expenses (but limited to ninety (90 ) days in respect of Ordinary Payroll ) , to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the Direct Physical Loss or Damage . CONDITIONS 1 . Direct Loss or Damage No claim shall be payable under this Extension unless and until a claim has been paid , or liability admitted , in respect of Direct Physical Loss or Damage to Property Insured under the Policy to which this Extension is attached and which gave rise to Interruption of Business . This Condition shall not apply if no such payment shall have been made , or liability admitted , solely owing to the operation of a Deductible in said Policy which excludes liability for losses below a specified amount. Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 3 . Resumption of Operations If the Insured could reduce the loss resulting from the Interruption of Business, a) by complete or partial resumption of operation of the property, and/or b) by making use of Merchandise , Stock (Raw, In Process or Finished ) , or any other property at the Insured 's locations or elsewhere , and/or c) by using or increasing operations elsewhere , then such possible reduction shall be taken into account in arriving at the amount of loss hereunder. 4 . Expenses to reduce Loss This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension (except expenses incurred to extinguish a fire) , and , in respect of manufacturing risks, such expense , in excess of Normal , as would necessarily be incurred in replacing any Finished Stock used by the Insured to reduce loss under this Extension ; but in no event to exceed the amount by which loss under this Extension is thereby reduced . Such expenses shall not be subject to the application of any contribution clause . EXCLUSIONS This Extension does not insure against:- 1 . increase in loss resulting from interference at the insured premises , by strikers or other persons , with rebuilding , repairing or replacing the property or with the resumption or continuation of operation ; 2 . increase in loss caused by the suspension , lapse , or cancellation of any lease , licence , contract, or order, unless such results directly from the insured Interruption of Business , and then Underwriters shall be liable for only such loss as affects the Insured's earnings during , and limited to , the period of indemnity covered under this Policy; 3 . increase in loss caused by the enforcement of any ordinance or law regulating the use , reconstruction , repair or demolition of any property insured hereunder; 4 . loss of market or any other consequential loss . LIMITATIONS 1 . The Underwriters shall not be liable for more than the smaller of either: - a) any specific Business Interruption Sublimit stated in the Policy, or b) the Policy Limit of Liability stated in the Policy, where such includes Business Interruption , if such is a combined limit, Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 in respect of such loss , regardless of the number of locations suffering an interruption of business as a result of any one occurrence . 2 . With respect to loss resulting from damage to or destruction of media for, or programming records pertaining to , electronic data processing or electronically controlled equipment, by the perils insured against, the length of time for which the Underwriters shall be liable hereunder shall not exceed : - a) thirty (30 ) consecutive calendar days or the time required with exercise of due diligence and dispatch to reproduce the data thereon from duplicates or from originals of the previous generation , whichever is less ; or, b) the length of time that would be required to rebuild , repair or replace such other property herein described as has been damaged or destroyed , but not exceeding eighteen ( 18) calendar months , whichever is the greater length of time . DEFINITIONS 1 . Gross Earnings are for the assessment of premium and for adjustment in the event of loss defined as , The sum of:- a ) total net sales value of production or sales of Merchandise , and b ) other earnings derived from the operations of the business , less the cost of c) Raw Stock from which production is derived , d ) supplies consisting of materials consumed directly in the conversion of such Raw Stock into Finished Stock, or in supplying the services sold by the Insured , e) Merchandise sold including packaging materials therefor, f) materials and supplies consumed directly in supplying the service(s) sold by the Insured , g ) service(s) purchased from outsiders (not employees of the Insured ) for resale which do not continue under contract, h ) the difference between the cost of production and the nett selling price of Finished Stock which has been sold but not delivered . No other costs shall be deducted in determining Gross Earnings . In determining Gross Earnings due consideration shall be given to the experience of the business before the date of Direct Physical Loss or Damage and the probable experience thereafter had Direct Physical Loss or Damage not occurred . 2 . Raw Stock Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 Material in the state in which the Insured receives it for conversion into Finished Stock. 3 . Stock in Process Raw Stock which has undergone any ageing , seasoning , mechanical or other process of manufacture at the Insured's premises but which has not become Finished Stock. 4 . Finished Stock Stock manufactured by the Insured which in the ordinary course of the Insured's business is ready for packing , shipment or sale . 5 . Merchandise Goods kept for sale by the Insured which are not the product of manufacturing operations conducted by the Insured . 6 . Normal The condition that would have existed had no Direct Physical Loss or Damage occurred . 7 . Ordinary Payroll The entire payroll expense for all employees of the Insured except officers , executives , department managers , and other employees under contract. LMA5039 (Amended ) 14/ 12/2005 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 16 PROPERTY CYBER AND DATA ENDORSEMENT 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any: 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 . 2 loss, damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement, restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act. 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back-up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident. 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means : Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. pc-) 1262 Gallagher AJGnnsuronce I Risk ManagemenIt Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process, use or operate any Computer System . 9 Computer System means: 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet, wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr ) 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 17 COMMUNICABLE DISEASE ENDORSEMENT ( For use on property policies) 1 . This policy, subject to all applicable terms , conditions and exclusions , covers losses attributable to direct physical loss or physical damage occurring during the period of insurance . Consequently and notwithstanding any other provision of this policy to the contrary, this policy does not insure any loss , damage , claim , cost, expense or other sum , directly or indirectly arising out of, attributable to , or occurring concurrently or in any sequence with a Communicable Disease or the fear or threat (whether actual or perceived ) of a Communicable Disease . 2 . For the purposes of this endorsement, loss, damage , claim , cost, expense or other sum , includes , but is not limited to , any cost to clean-up , detoxify, remove , monitor or test: 2 . 1 . for a Communicable Disease , or 2 . 2 . any property insured hereunder that is affected by such Communicable Disease . 3 . As used herein , a Communicable Disease means any disease which can be transmitted by means of any substance or agent from any organism to another organism where : 3 . 1 . the substance or agent includes , but is not limited to , a virus , bacterium , parasite or other organism or any variation thereof, whether deemed living or not, and 3 . 2 . the method of transmission , whether direct or indirect, includes but is not limited to , airborne transmission , bodily fluid transmission , transmission from or to any surface or object, solid , liquid or gas or between organisms , and 3 . 3 . the disease , substance or agent can cause or threaten damage to human health or human welfare or can cause or threaten damage to , deterioration of, loss of value of, marketability of or loss of use of property insured hereunder. 4. This endorsement applies to all coverage extensions, additional coverages, exceptions to any exclusion and other coverage grant(s) . All other terms, conditions and exclusions of the policy remain the same. LMA5393 25 March 2020 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr )MT 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 No . 18 DEBRIS REMOVAL ENDORSEMENT THIS ENDORSEMENT CONTAINS PROVISIONS WHICH MAY LIMIT OR PREVENT RECOVERY UNDER THIS POLICY FOR LOSS WHERE COSTS OR EXPENSES FOR DEBRIS REMOVAL ARE INCURRED . Nothing contained in this Endorsement shall override any Seepage and/or Pollution and/or Contamination Exclusion or any Radioactive Contamination Exclusion or any other Exclusion applicable to this Policy. Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to or destruction of property, for which Underwriters hereon agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay ( hereinafter referred to as ' Damage or Destruction '), this Policy also insures , within the sum insured , subject to the limitations and method of calculation below, and to all the other terms and conditions of the Policy, costs or expenses ; (a) which are reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage or Destruction occurred , of debris which results from the Damage or Destruction ; and ( b ) of which the Assured becomes aware and advises the amount thereof to Underwriters hereon within one year of the commencement of such Damage or Destruction . 2 . In calculating the amount, if any, payable under this Policy for loss where costs or expenses for removal of debris are incurred by the Assured (subject to the limitations in paragraph 1 above) : (a ) the maximum amount of such costs or expenses that can be included in the method of calculation set out in (b ) below shall be the greater of US$25 , 000 (twenty-five thousand dollars) or 10% (ten percent) of the amount of the Damage or Destruction from which such costs or expenses result; and (b) the amount of such costs or expenses as limited in (a) above shall be added to : (i ) the amount of the Damage or Destruction ; and (ii ) all other amounts of loss , which arise as a result of the same occurrence , and for which Underwriters hereon also agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay; and the resulting sum shall be the amount to which any deductible or underlying amount to which this Policy is subject and the limit (or applicable sub-limit) of this Policy, shall be applied . N MA2343 24/ 11 / 1988 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. tTr ) 1262 Gallagher AJGhisuronce I Risk Management Consulting MARKET REFORM CONTRACT UMR :R : B1262PW0330122 PW0330122 POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE You are hereby notified that under the Terrorism Risk Insurance Act of 2002 , as amended ("TRIA") , that you now have a right to purchase insurance coverage for losses arising out of acts of terrorism , as defined in Section 102( 1 ) of the Act, as amended : The term "act of terrorism" means any act that is 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 an air carrier or vessel 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 . Any coverage you purchase for "acts of terrorism" shall expire at 12 : 00 midnight December 31 , 2027 , the date on which the TRIA Program is scheduled to terminate , or the expiry date of the policy whichever occurs first, and shall not cover any losses or events which arise after the earlier of these dates. YOU SHOULD KNOW THAT COVERAGE PROVIDED BY THIS POLICY FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM IS PARTIALLY REIMBURSED BY THE UNITED STATES UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER, YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE , SUCH AS AN EXCLUSION FOR NUCLEAR EVENTS . UNDER THIS FORMULA, THE UNITED STATES PAYS 80% 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 USD100 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 IN ANY ONE CALENDAR YEAR EXCEEDS USD100 BILLION . IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED USD100 BILLION , YOUR COVERAGE MAY BE REDUCED . THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT. I hereby elect to purchase coverage for acts of terrorism for a prospective premium of USD I hereby elect to have coverage for acts of terrorism excluded from my policy. I understand that I will have no coverage for losses arising from acts of terrorism . Policyholder/Applicant's Signature Syndicate on behalf of certain underwriters at Lloyd ' s Print Name Policy Number Date LMA9184 09 January 2020 Arthur J. Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered in England and Wales. Company Number: 1193013 . www.AJG.com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. Policy Number : (UMR) B1262PW0330122 SECURITY DETAILS REFERENCES UMR ( Unique Market Reference ) : B1262PW0330122 Date contract printed to PDF : 12 : 04 23 December 2021 SIGNED UNDERWRITERS Brit Insurance Written 12 . 500000 % Signed 10 . 000000 % BRIT BRT 2988 2 . 500000 % J D K 1 6 N21 1 A 0 0 0 Written 11 : 28 23 December 2021 2 . 000000 % Lloyd's Underwriter Syndicate No . 2988 BRIT , London , England Signed Neil Russell Bound BRIT , BRT 2987 10 . 000000 °i° J D K 1 6 N 2 1 A 0 0 0 Written 11 : 28 23 December 2021 8 . 000000 % Lloyd's Underwriter Syndicate No . 2987 BRIT , London , England Signed Neil Russell Bound Talbot Underwriting Ltd TALBOT TAL An AIG company 1183 5 . 000000 % A C D 2 6 5 0 4 2 D 2 2 P2 Written 12 : 03 23 December 2021 5 . 000000 % Lloyd 's Underwriter Syndicate No . 1183 TAL, London , England Signed Jack Royce Bound as Slip Leader, Lloyd ' s Leader Line Conditions Line to Stand Policy Number : (UMR) B1262PW0330122 SETTLEMENT INFORMATION Allocation of Premium to Coding P2 at 100 . 000000 % Allocation of Premium to Year of Account 2022 Terms of Settlement Settlement Due Date : 01 March 2022 Instalment Premium Period of Credit: 0 day (s) Adjustment Premium Period of Credit: 0 day (s) Lloyd 's Underwriter Syndicate No . 1183 TAL, London , England Bureau Leader and Lloyd ' s Leader Jack Royce 1.1:61 PLACEMENT SERVICES RPS Specialty Market Policy Notices for the Policy Holder and Retail Producer This form is NOT a part of the policy and does NOT amend policy wording , but is designed to be delivered when the policy is provided to the Policy Holder. When using "you" or "your" the form is addressing the Policy Holder; when using " Producer" it refers to the Retail Producing Entity and/or their production person ; RPS is used for Risk Placement Services , Inc. Assignment : This Policy or Certificate may not be assigned to another entity without the written consent of the Insurer. The policy wording should be reviewed carefully for this provision before any assignment attempt is made . Audits : If your insurance policy includes general liability, product liability and/or completed operations liability, your policy is subject to an audit on a Minimum and Deposit basis . Liability premiums are often calculated using estimated exposures for a future period of time , for example gross annual sales , payroll and subcontractor costs . At the end of your policy period , the company may audit the actual exposures for your policy period . If the exposures are higher than estimated , additional premium will be due . If the exposures are lower than estimated , and the premium already paid is a Minimum and Deposit premium then no premium adjustment will be made , and no return premium will be issued . The Producer should review any Audit Condition from the policy with you . The Producer is responsible for collecting any audit premiums due within 20 days of the billing , unless otherwise noted . Binding Coverage : Coverage can only be bound after a written request is received and acknowledged by RPS . Cancellation : The policy has specific cancellation provisions that should be reviewed , and may be subject to special endorsements based on the State regulations . Flat cancellations are not allowed . In order to cancel you need to make written request in advance of the requested date . The policy also contains provisions that establish minimum earned premiums , minimum and deposit premiums or fully earned premiums . Cancellation for non-payment of premium , including failure to pay outside financing , is generally considered to be at the request of the Insured and therefore subject to financial penalties as described in the policy. If a Notice of Cancellation is sent for non-payment , there may be a Service Fee ( not a premium ) required to effect a rescission of the Notice . The amount of the fee will typically be shown on the Notice , and must be paid by the party requesting the rescission . The policy may not continue if the Service Fee is not paid . Certificates of Insurance : You may request Certificates of Insurance from the Producer that placed your insurance policy. Such Certificates cannot contain wording contrary to the Policy Coverage as provided . Additional Insureds , often requested with Certificates of Insurance , generally require an Additional Premium , and can only be added after the Insurer knows of the insurable interest and accepts the entity as being added to the policy. Producers can access the RPS website to obtain many Certificates or make special coverage change requests via endorsement as needed to satisfy certain Certificate Holders , keeping in mind such additional coverages may require additional premium charges . Claims Reporting : Report all claims as soon as possible. The policy will define what constitutes a claim . The policy contains specific address , phone , or website information as to where and how to report a claim . Most Insurers maintain 24/7 service of such numbers . Your Producer may also assist you with filing a claim , and they have access to the RPS website https ://my. rpsins.com/claimsfnol and/or RPS claim reporting toll free number 1 -844-777-8323 to do so , however, you should review the claim reporting provision of the policy. If your policy is a "claims-made" policy, it is essential to understand what constitutes a claim from the language in the policy, and also know that all claims must be reported to the insurer as soon as possible . Both the policy and your broker can instruct you how and where to submit a claim . If a claim is reported after the time period specified in the policy, the insurer may deny coverage . Do not offer to compromise or settle any claim or demand without the insurer's prior agreement, or you will risk losing coverage . Coverage : This policy may not be as broad in scope as the policy it replaces nor as the coverage requested . This policy was issued to reflect the coverage as quoted by RPS to your Producer. Your Producer should review the entire contract of insurance with you . Endorsements : Additional coverage , changes or revisions are subject to acceptance of the Insurer and must be endorsed to the policy. The Producer has no authority to endorse or change the policy, but should submit in writing the requested changes to RPS who will work with the Insurer to effect endorsement's acceptability to the Insurer. Coverage is not in force until confirmed by RPS . RPS-159 (2020. 09) Page 1 of 2 IMTS PLACEMENT SERVICES Fees : Unless otherwise noted , all Fees are fully earned at the time of placement of this insurance and are not subject to pro-rata return if the policy is cancelled . Financing : Any premium financing is a contractual relationship between the Premium Finance Company ( PFC) and the Borrower. The Insurer, Agents , nor Brokers are parties to the Finance Agreement, and policy wording will not be amended to any contractual provisions therein . All such contracts must be set up showing the Insurer's Name c/o Risk Placement Services , Inc. , using the RPS branch address where the policy was placed . Once financed , it is the duty of the Producer to inform the PFC of any changes to the contract, additional or return premiums , and cancellation of the policy. Forms Signed & Returned : The policy may have been delivered with forms that require the signature of the Named Insured . Such forms should be signed and returned to the Producer immediately, so they can in turn provide them to RPS , who will post them to the Insurer files . Inspections : To keep coverage in force , an inspection may be required , and provisions for this are in the policy. Producer should review with the Policy Holder the need to arrange site appointments with inspectors , who may be vendors . Minimum Earned Premium : This quotation/policy may include a Minimum Earned Premium provision , expressed as a percentage and/or dollar amount. This means that if the insurance policy is cancelled by you for any reason , the company will retain no less than the Minimum Earned Premium . Example: The policy premium is $ 1 , 000 and the Minimum Earned Premium is 25%. The policy is an annual policy and is cancelled after 2 days of being in force. The company would retain at least 25% of the premium ($ 1 , 000 X 25 % = $250 and return no more than $ 750. Producer Not Agent: The Producer is a representative of the Policy Holder / Named Insured , and as such does not act as an Agent of the Insurer nor of RPS . Transportation Policies : Report all newly hired drivers as soon as possible . Report all newly acquired vehicles prior to putting them in service and/or on the road . RPS-159 (2020. 09) Page 2 of 2 Insurer Authorized Document of Insurance ( lAD ( Lloyds & Companies ) Policy Number; PW0330022 Insured: Colorado Counties Casualty and Property Pool Period: From : 1St January 2021 To : 1st January 2022 Sum Insured Primary USD 25, 000, 000 Gallagher The Walbrook Building 25 Walbrook London EC4N 8AW Registered Company No. 1193013 Gallagher Insurance Risk Management Consulting Gallagher nsurance I Risk Management Consulting This Insurance is effected with certain Underwriters at Lloyd 's , London (not incorporated ) and certain Companies . In this document these Underwriters and Companies will hereinafter be referred to as "the Insurers" . The Insurers hereby agree in consideration of payment to them of the premium specified herein by or on behalf of the Insured , to insure against loss , including but not limited to associated expenses specified herein , if any, to the extent and in the manner provided in this Document of Insurance . The Security Details contained in this document state which Insurers are party to this contract and defines their several (not joint) liability. It should be noted that if the attached wordings and endorsements refer to 'the Assured ' it is deemed to mean 'the Insured ' . It is noted that if there are references in the attached wordings and endorsements to ` Underwriters' it is deemed to mean 'the Insurers' . It is further noted that if there are references to 'this policy' in the attached wordings and endorsements it is deemed to mean 'this Document of Insurance' . If any terms , clauses or conditions are unclear are advised to contact broker immediate ) . you your y Broker : Arthur J . Gallagher The Walbrook Building 25 Walbrook , London EC4N 8AW United Kingdom . Property Division : +44 (0) 207204 6000 Claims Division : +44(0 ) 207204 6119 s 46) Gallagher nss;_«r'ance Risk Management Consuitinq DUTY OF FAIR PRESENTATION We have set out below the applicable duty of disclosure that you have as regards insurers , where your policy is governed by the laws of England , Wales , Scotland , and Northern Ireland . You are required to make a fair presentation of the risk to Insurers which discloses every material circumstance which you know or ought to know relating to the risk to be insured . A circumstance is material if it would influence the judgment of a prudent insurer in determining whether to provide insurance for the risk and , if so , on what terms . What you know: You will be expected to know any information which is known by individuals who are : (a ) part of your senior management ( i . e . individuals who play a significant role in the making of decisions about how your activities are to be managed or organised ) ; (b) responsible for arranging your insurance ( i . e . individuals who participate on your behalf in the process of procuring your insurance in any capacity) . What you ought to know: In addition , you are expected to know any information that should reasonably have been revealed by a reasonable search of information available to you (whether the search is conducted by making enquiries or by other means) . This could include any information held within your organisation or by any other person . Clear and Accessible disclosure : The disclosure you give must be made in a manner which would be reasonably clear and accessible to a prudent insurer. Every material representation of a matter of fact which you make must be substantially correct and every material representation as to a matter of expectation or belief must be made in good faith . Failure to comply with the duty of fair presentation could mean that the policy is void or that Insurers are not liable to pay all or part of your claim (s) . If you are in any doubt as to what may constitute a fair presentation , please feel free to contact us and we will endeavour to assist you . If your policy is not subject to English law you are expected to disclose risk information in accordance with the requirements of the applicable law. In such circumstances we expect you will disclose risk information at least equal to the standard required under English law and where the applicable law requires you to disclose information over and above the level required under English law you will provide such information in accordance with that law. Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. INSURER AUTHORIZED DOCUMENT OF INSURANCE CONTENTS PAGE S ECTION I -RISK DETAILS 2 S ECTION II - INFORMATION 5 S ECTION III - SECURITY DETAILS 7 S ECTION IV - CONTRACT ADMINISTRATION AND ADVISORY SECTIONS 10 S ECTION V - FISCAL AND REGULATORY SECTION 13 S ECTION VI - BROKER REMUNERATION AND DEDUCTIONS SECTION 14 S ECTION VII - THE WORDING 15 S ECTION VIII - SUPPLEMENTAL CLAUSES 17 Placed bby : CO Gallagher 1262 Risk Placement Services , Inc . AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION I -RISK DETAILS This is a non-admitted carrier. It is the responsibility of RPS U NIQUE MARKET to arrange for the filing and REFERENCE : B1263PW0330022 paying of surplus lines tax TYPE : Risks of Direct Physical Loss or Damage Including Flood, Earthquake and Equipment Breakdown . INSURED : Colorado Counties Casualty and Property Pool and its affiliated , subsidiary, and associated companies and/or corporations and the insured 's interest in partnerships and joint ventures as now exist or may hereafter be constituted or acquired and any party in interest which the insured is responsible to insure . THIS CONTRACT IS DELIVERED AS SURPLUS LINES INSURANCE UNDER THE ' NONADMITTED INSURANCE C/O CTSI ADDRESS : ACT . THE INSURER ISSUING THIS CONTRACT IS NOT 800 Grant ST , Suite 400 ADMITTED IN COLORADO BUT IS AN ELIGIBLE Denver, CO 80203 NONADMITTED INSURER . THERE IS NO PROTECTION P ERIOD : From : 1St January 2022 UNDER THE PROVISIONS OF THE 'COLORADO To : 1St January 2023 INSURANCE GUARANTY ASSOCIATION ACT. Beginning and ending at 12 : 01 a . m . Local Standard Time at the location of the property insured . Joel D . Cavaness INTEREST: Real and Personal Property as described in the Policy Wording and as declared to the Underwriters . TIME ELEMENT: Business Interruption as described in the Policy Wording and as declared to the Underwriters. S UM INSURED : Subject to the `Order Hereon' stated in SECTION III - SECURITY DETAILS , the Limits of Underwriters' Liability shall be the following Limit(s ) of Liability. LIMIT(S) OF LIABILITY : USD 25 , 000 , 000 ultimate net loss each occurrence , U SD 25 , 000 , 000 ultimate net loss each occurrence and in the aggregate any one policy year in respect of the peril of Flood , and USD 25 , 000 , 000 ultimate net loss each occurrence and in the aggregate any one policy year in respect of the peril of Earthquake . DEDUCTIBLES : All Other Perils : U SD 150 , 000 per occurrence for loss from All Perils except: Windstorm/ Hail : 2 % Per Building/Structure of the sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy; subject to the minimum deductible of U SD 1 , 000 , 000 per occurrence . To Report a Loss • Dial toll -free # 1 (844 ) 777-8323 or visit our RPSATL/SC/2022 . 03 . 31 • Website : https ://my. rpsins . com/claimsfnol • Contact Insurer directly (see policy section ) Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 DEDUCTIBLES CONTINUED : Flood - SFHA/ 100 Year Flood : 2 % of the total insurable value at each covered location ( including 12 months loss of income/extra expense if covered ) involved in the loss as of the date of loss; subject to a minimum of USD 1 , 000 , 000 per occurrence . Time Element: 24 Hours Service Interruption All as more fully stated in the Policy Wording and as declared to the U nderwriters . N OTICES : NOT APPLICABLE As attached in SECTION VIII - SUPPLEMENTAL CLAUSES TERRITORY : United States of America , its territories , possessions and Canada . CONDITIONS : As per Wording attached SECTION VII . S UPPLEMENTAL CLAUSES : as attached SECTION VIII including :- WEH Asbestos Endorsement ( 1994) - 518ARM00210 Biological or Chemical Materials Exclusion - NMA2962 Radioactive Contamination Exclusion Clause - P hysical Damage - Direct ( U . S .A. ) — NMA 1191 War and Terrorism Exclusion Endorsement - NMA2918 U . S . Terrorism Risk Insurance Act Of 2002 As Amended Not Purchased Clause - LMA5390 Fraudulent Conduct and Misrepresentation Clause - LMA5120 Application of Sublimits Endorsement — LMA5130 Sanction Limitation and Exclusion Clause LMA3100 Inadvertent Errors and Omissions Clause Extension of Coverage — Miscellaneous Unnamed Location Off Premises Utilities' Services Clause ( Business Interruption ) - LMA5041 (amended ) Ingress/Egress Extension ( Business Interruption ) — LMA 5164 Civil or Military Authority Extension ( Business Interruption ) — LMA5161 Business Interruption Extension— LMA 5039 (amended ) P roperty Cyber and Data Endorsement — LMA5400 Communicable Disease Endorsement — LMA5393 Debris Removal Endorsement — LMA 2343 CHOICE OF LAW & JURISDICTION : Law: State of Colorado , United States of America . Jurisdiction : United States of America per the LMA5020 Service of Suit Clause . LMA 5020 Service of Suit Clause naming Lloyd 's America , Inc. , Attention : Legal Department, 280 Park Avenue , East Tower, 25th Floor, New York, NY 10017 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 116) Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 PREMIUM : Material Damage / Time Element USD 3 , 120 , 000 ( 100% ) Annual . Premium : $ 936 , 000 . 00 CO Surplus Lines Tax : $ 28 , 080 . 00 ( Hereon USD 936 , 000 for 30 % order) Total Charges : $ 964 , 080 . 00 PREMIUM PAYMENT TERMS : Premium Payment Condition (Time On Risk) 4/86 It is a condition of this contract of Insurance that the premium due at inception must be paid to and received by Insurers on or before midnight on 1st March 2022 If this condition is not complied with , then this contract of Insurance shall terminate on the above date with the Insured hereby agreeing to pay premium calculated at not less than pro rata temporis . TAXES PAYABLE BY INSURED AND ADMINISTERED BY INSURER(S) : Nil INSURER CONTRACT DOCUMENTATION : This document details the contract terms entered into by the Insurer(s) , and constitutes the contract document This Contract is subject to U . S . State Surplus Lines requirements . It is the responsibility of the surplus lines broker to affix a surplus lines notice to the contract document before it is provided to the Insured . In the event that the surplus lines notice is not affixed the contract document the Insured should contact the surplus lines broker. Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION II - INFORMATION The following Information was provided to Insurer(s) to support the assessment of the risk at the time of underwriting : Information per Presentation which held on Arthur J Gallagher. file and available on request, and which noted and agreed by Insurer(s) . Total Declared Values : USD 3 , 076 , 178 , 555 Approximate breakdown of values as per Schedule contained within Submission which noted and agreed by Insurer(s). Loss record (as advised to Arthur J Gallagher. contained within Submission which noted and agreed by Insurer(s). Program Limits U SD 50 , 000 , 000 In the aggregate annually as respects Earthquake Loss U SD 5 , 000 , 000 In the aggregate as respects any Flood loss in Zones A, AO , AE , AH , A1 -30 , A99 , AR U SD 50 , 000 , 000 In the Aggregate as respects all other Flood loss U SD 50 , 000 , 000 In the aggregate annually for all Flood losses combined U SD 25 , 000 , 000 Newly acquired property any one Occurrence — 90 Days ; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition U SD 250 , 000 Accounts Receivable U SD 5 , 000 , 000 Builders risks , renovations , repairs made by the Insured at any location (including new locations with total contract cost under USD 5 , 000 , 000 ) within the territorial limits of the policy, any one occurrence U SD 8 , 071 , 695 Builders risks , renovations , repairs made by the Insured at any location (including new locations with total contract cost under USD 8 , 071 , 695 ) within the territorial limits of the policy, any one occurrence in respect of the Following location only: Ouray County Builders Risk Project - 541 4TH , OURAY, CO 81427 U SD 1 , 000 , 000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; U SD 50 , 000 Unscheduled Locations U SD 500 , 000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity U SD 250 , 000 Civil Authority — 4 Weeks Maximum U SD 250 , 000 Ingress/Egress — 4 Weeks Maximum U SD 1 , 000 , 000 Unnamed Location , any one occurrence . U SD 100 , 000 Personal Property of Employees at a described location U SD 50 , 000 Personal Property of Others while on the Insured's property U SD 10 , 000 , 000 Ordinance or Law U SD 10 , 000 , 000 Extra Expense U SD 1 , 000 , 000 Expediting Expense U SD 1 , 000 , 000 Property in Transit U SD 10 , 000 , 000 Contractors' Equipment subject to maximum USD 1 , 500 , 000 per item U SD 5 , 000 , 000 Fine Arts subject to maximum USD 500 , 000 per item U SD 1 , 000 , 000 Fire Fighting Materials U SD 250 , 000 Furs, Jewelry, Precious Stones and Metals not used for industrial purposes U SD 250 , 000 Loss Adjustment Expenses/Professional Services U SD 10 , 000 , 000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation U SD 1 , 000 , 000 Errors or Omissions U SD 1 , 000 , 000 Vehicle Physical Damage — Over the Road Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 U SD 25 , 000 in the Annual Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured subject to a USD 1 , 500 , 000 Annual Aggregate for all U SD 100 , 000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement U SD 100 , 000 Trees and Shrubs U SD 10 , 000 , 000 Valuable Papers Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 116) Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION III - SECURITY DETAILS INSURER'S LIABILITY ( RE) INSURERS LIABILITY CLAUSE ( Re)insurer's liability several not joint The liability of a (re)insurer under this contract is several and not joint with other (re)insurers party to this contract. A (re )insurer is liable only for the proportion of liability it has underwritten . A (re)insurer is not jointly liable for the proportion of liability underwritten by any other (re)insurer. Nor is a (re )insurer otherwise responsible for any liability of any other (re)insurer that may underwrite this contract. The proportion of liability under this contract underwritten by a ( re)insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp . This is subject always to the provision concerning "signing" below. In the case of a Lloyd ' s syndicate , each member of the syndicate ( rather than the syndicate itself) is a (re)insurer. Each member has underwritten a proportion of the total shown for the syndicate (that total itself being the total of the proportions underwritten by all the members of the syndicate taken together) . The liability of each member of the syndicate is several and not joint with other members . A member is liable only for that member's proportion . A member is not jointly liable for any other member's proportion . Nor is any member otherwise responsible for any liability of any other (re )insurer that may underwrite this contract. The business address of each member is Lloyd 's , One Lime Street, London EC3M 7HA. The identity of each member of a Lloyd 's syndicate and their respective proportion may be obtained by writing to Market Services, Lloyd 's , at the above address . Proportion of liability Unless there is "signing" (see below) , the proportion of liability under this contract underwritten by each (re)insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp and is referred to as its "written line" . Where this contract permits, written lines , or certain written lines , may be adjusted ("signed") . In that case a schedule is to be appended to this contract to show the definitive proportion of liability under this contract underwritten by each (re)insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) . Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 A definitive proportion (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of a Lloyd 's syndicate taken together) is referred to as a "signed line" . The signed lines shown in the schedule will prevail over the written lines unless a proven error in calculation has occurred . Although reference is made at various points in this clause to "this contract" in the singular, where the circumstances so require this should be read as a reference to contracts in the plural . LMA3333 21 June 2007 ORDER HEREON : 30% of 100% BASIS OF WRITTEN LINES : Percentage of Whole SIGNING PROVISIONS : In the event that the written lines hereon exceed 100% of the order, any lines written "to stand" will be allocated in full and all other lines will be signed down in equal proportions so that the aggregate signed lines are equal to 100% of the order without further agreement of any of the ( re)insurers. However: a ) in the event that the placement of the order is not completed by the commencement date of the period of insurance then all lines written by that date will be signed in full ; b ) the signed lines resulting from the application of the above provisions can be varied , before or after the commencement date of the period of insurance , by the documented agreement of the ( re)insured and all (re )insurers whose lines are to be varied . The variation to the contracts will take effect only when all such ( re )insurers have agreed , with the resulting variation in signed lines commencing from the date set out in that agreement. Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 In a co-insurance placement, following ( re )insurers may, but are not obliged to , follow the premium charged by the lead (re ) insurer. ( Re) insurers may not seek to guarantee for themselves terms as favourable as those which others subsequently achieve during the placement. WRITTEN LINES % In respect of electronic lines the Underwriter(s ) agreement and participation to this Contract has been accepted upon the Lloyd ' s Placing Platform Limited ( PPL) program . Confirmation of Underwriter(s ) acceptance is noted within Market Submission - Security Details located on the final pages of this document . Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 116) Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION IV - CONTRACT ADMINISTRATION AND ADVISORY SECTIONS SUBSCRIPTION AGREEMENT SECTION SLIP LEADER : As Per Settlement Information located on the final pages of this document BUREAU LEADER : Lloyd ' s Bureau Leader is As Per Settlement Information located on the final pages of this document Company Bureau Leader is As Per Settlement Information located on the final pages of this document The Bureau Leaders must adhere to the applicable claims agreement practice and act in accordance with CLAIMS AGREEMENT PARTIES , as defined in A or B (below) , dependent upon the claim falling within the scope of the Single Claims Agreement Party (SCAP) Arrangement. BASIS OF AGREEMENT TO CONTRACT CHANGES : GUA (version 2 . 0 ) February 2014 with Non-Marine Schedule October 2001 Final premium/ going in values to be agreed Leading Underwriter only. Insurer(s) hereon agree to contribute to survey and valuation fees , as incurred . Agreement to net equivalent downwards (if required ) is to be agreed by Slip Leader only. Extensions to Premium Payment Condition date to be agreed by Slip Leader only. Endorsements will be advised to the following market when necessary under the terms of this agreement by Arthur J Gallagher ( UK) Ltd using Fax or email . OTHER AGREEMENT PARTIES FOR CONTRACT CHANGES , FOR PART 2 GUA CHANGES ONLY : Slip leader only to agree part two changes. AGREEMENT PARTIES FOR CONTRACT CHANGES, FOR THEIR PROPORTION ONLY, IF ANY : None Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 BASIS OF CLAIMS AGREEMENT: As specified under the CLAIMS AGREEMENT PARTIES and to be managed in accordance with : i ) The SINGLE CLAIMS AGREEMENT PARTY ARRANGEMENTS - LMA9150 [as below] for claims or circumstances assigned as Single Claims Agreement Party Claims (SOAP Claims) or, where it is not applicable , then the following shall apply as appropriate : ii ) The Lloyd 's Claims Scheme (Combined ) , or as amended or any successor thereto . ( N . B . The applicable Lloyd 's Claims Scheme/part will be determined by the rules and scope of the Scheme (s)) . iii ) IUA claims agreement practices . iv) The practices of any company(ies) electing to agree claims in respect of their own participation . The applicable arrangements (scheme , agreement or practices) will be determined by the rules and scope of said arrangements and should be referred to as appropriate . CLAIMS AGREEMENT PARTIES : A. Claims falling within the scope of the LMA9150 to be agreed by Slip Leader only on behalf of all (re )insurers subscribing ( 1 ) to this Contract on the same contractual terms (other than premium and brokerage) and (2 ) to these Arrangements . For the purposes of calculating the Threshold Amount, the sterling rate on the date that a financial value of the claim is first established by the Slip Leader shall be used and the rate of exchange shall be the Bank of England spot rate for the purchase of sterling at the time of the deemed conversion . B . For all other claims : i ) For Lloyd 's syndicates The leading Lloyd's syndicate and , where required by the applicable Lloyd's Claims Scheme , the second Lloyd's syndicate and/or the Scheme Service Provider. The second Lloyd 's Syndicate is ii ) Those companies acting in accordance with the IUA claims agreement practices , excepting those that may have opted out via iii ) below. iii ) Those companies that have specifically elected to agree claims in respect of their own participation . Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 iv) All other subscribing insurers that are not party to the Lloyd ' s/IUA claims agreement practices , each in respect of their own participation . v) Notwithstanding anything contained in the above to the contrary, any ex gratia payments to be agreed by each (re)insurer for their own participation . CLAIMS ADMINISTRATION : Arthur J . Gallagher Insurance Brokers Limited and insurers agree that any claims hereunder (including any claims related costs/fees) will be notified and administered via ECF with any payment(s) processed via CLASS , unless both parties agree to do otherwise . Where claims or circumstances are not administered via ECF , notification , administration and payment(s) will be electronic. Where a Lloyd 's syndicate or IUA company is not an agreement party to the claim or circumstance (per CLAIMS AGREEMENT PARTIES A. above) , they agree to accept correct ECF sequences for administrative purposes to ensure information is circulated to all subscribing parties RULES AND EXTENT OF ANY OTHER DELEGATED CLAIMS AUTHORITY : None EXPERT(S) FEES COLLECTION : Fees to be collected directly between Underwriters and Experts SETTLEMENT DUE DATE : 1st March 2022 BUREAUX ARRANGEMENTS : Insurer(s) authorise Xchanging Ins-sure Services Limited and/or Xchanging Claims Services Limited to take down additional premiums , return premium , non- premium endorsements and claims on photo-copies of Market Reform Contract, signing slip or full policy as applicable . LPSO/LPC/XIS are fully authorised to accept premium as advised by client, and processed by Arthur J . Gallagher ( UK) Ltd . including final stock/loss of profits , or other adjustments as applicable without prior agreement. Underwriters hereon agree accept premium and settle claims in US Dollars / Euro / Sterling as required , at rate of exchange at time of settlement from the client / cedant / reinsured . Underwriters agree that the broker may release de-linked premium for this contract into settlement at different times. Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 Agreed that if Premium Payment Condition is extended Terms of trade date automatically extended to conform . Whenever a Premium Payment Condition due date falls on a weekend or public holiday it is agreed that the date is automatically carried forward to the first normal weekday thereafter. NOTICE OF CANCELLATION PROVISIONS : Where ( re)insurers have the right to give notice of cancellation , in accordance with the provisions of the contract, then : To the extent provided by the contract, the Slip Leader is authorised to issue such notice on behalf of all participating (re )insurers ; and (optionally) Any (re)insurer may issue such notice in respect of its own participation . The content and format of any such notice should be in accordance with the ` Notice of Cancellation ' standard , as published by the London Market Group ( LMG ) , or their successor body, on behalf of London Market Associations and participants . However failure to comply with this standard will not affect the validity of the notice given . The notice shall be provided to the broker by the following means : By an email to Compliance UK@ajg . com Failure to comply with this delivery requirement will make the notice null and void . Satisfactory delivery of the notice will cause it to be effective irrespective of whether the broker has acknowledged receipt. Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION V - FISCAL AND REGULATORY SECTION TAX PAYABLE BY INSURER(S) : None COUNTRY OF ORIGIN : United States of America OVERSEAS BROKER : Risk Placement Services , Inc. 2400 Lakeview Pkwy Suite 675 , Alpharetta , GA 30009 S URPLUS LINES BROKER : Joel Cavaness 2850 Golf Road , 5th Floor Rolling Meadows , IL 60008 License Number: 93325 STATE OF FILING : Colorado U S CLASSIFICATION : Surplus Lines ALLOCATION OF P REMIUM TO CODING : 100% P2 REGULATORY CLIENT CLASSIFICATION : Large Risk REGULATORY RISK LOCATION : United States of America ( Non EEA) Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION VI - BROKER REMUNERATION AND DEDUCTIONS SECTION FEE PAYABLE BY CLIENT? : NO TOTAL BROKERAGE : 13 . 5135% or Net equivalent downwards if required . OTHER DEDUCTIONS FROM PREMIUM : NIL Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION VII - THE WORDING Wording as agreed and on file with Syndicate AFB 2623/632 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 116) Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 SECTION VIII - SUPPLEMENTAL CLAUSES Notwithstanding anything to the contrary contained herein , it is understood and agreed that this insurance is subject to the following clauses which are attached hereto : - N o . 1 : WEH Asbestos Endorsement (1994) - 518ARM00210 N o .2 ; Service of Suit Clause (U . S.A. ) - LMA5020 N o .3 : Biological or Chemical Materials Exclusion - NMA2962 N o .4 : Radioactive Contamination Exclusion Clause - Physical Damage - Direct (U . S.A. ) - NMA1191 N o .5 : War and Terrorism Exclusion Endorsement - NMA2918 N o .6 : U . S. Terrorism Risk Insurance Act Of 2002 as Amended Not Purchased Clause 5390 N o .7 : Fraudulent Conduct and Misrepresentation Clause - LMA5120 N o .8 : Application of Sublimits Endorsement - LMA5130 N o . 9 Sanction Limitation and Exclusion Clause — LMA3100 N o . 10 : Inadvertent Errors and Omissions Clause N o . 11 : Extension of Coverage — Miscellaneous Unnamed Location N o . 12. Off Premises Utilities' Services Clause ( Business Interruption ) - LMA5041 (amended ). N o . 13 : Ingress/Egress Extension ( Business Interruption) N o . 14 : Civil or Military Authority Extension (Business Interruption) - LMA5161 N o . 15 : Business Interruption Extension - LMA5039 (amended ) N o . 16 : Property Cyber and Data Endorsement - LMA 5400 N o . 17 : Communicable Disease Endorsement - LMA 5393 N o . 18 : Debris Removal Endorsement - LMA 2343 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . I WEH ASBESTOS ENDORSEMENT ( 1994) A. This Policy only insures asbestos physically incorporated in an insured building or structure , and then only that part of the asbestos which has been physically damaged during the policy period by one of these Listed Perils : Fire ; Explosion ; Lightning ; Windstorm ; Hail ; Direct impact of vehicle , aircraft or vessel ; Riot or civil commotion ; vandalism or malicious mischief; or accidental discharge of fire protective equipment. This coverage is subject to all limitations in the Policy to which this Endorsement is attached and , in addition , to each of the following specific limitations : 1 . The said building or structure must be insured under this Policy for damage by that Listed Peril . 2 . The Listed peril must be the immediate , sole cause of the damage to the asbestos . 3 . The Insured must report to Underwriters the existence and cost of the damage as soon as practicable after the Listed Peril first damaged the asbestos . However this policy does not insure any such damage first reported to Underwriters more than 12 (twelve) months after the expiration , or termination , of the policy. 4 . Insurance under this Policy in respect of asbestos shall not include any sum relating to : ( i ) any faults in the design , manufacture or installation of the asbestos. (ii ) Asbestos not physically damaged by the Listed Peril including any governmental or regulatory authority direction or request of whatsoever nature relating to undamaged asbestos. B . Except as set forth in the foregoing Section A, this policy does not insure asbestos or any sum relating thereto . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED 518ARM00210 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 N o . 2 SERVICE OF SUIT CLAUSE ( U . S .A. ) This Service of Suit Clause will not be read to conflict with or override the obligations of the parties to arbitrate their disputes as provided for in any Arbitration provision within this Policy. 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 (or reinsurance) . It is agreed that in the event of the failure of the Underwriters hereon 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 service of process in such suit may be made upon Lloyd 's America , Inc. , Attention : Legal Department, 280 Park Avenue , East Tower, 25th Floor, New York, NY 10017 , USA and that in any suit instituted against any 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 therefor, 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. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED LMA5020 N o .3 BIOLOGICAL OR CHEMICAL MATERIALS EXCLUSION It is agreed that this Insurance excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with the actual or threatened malicious use of pathogenic or poisonous biological or chemical materials regardless of any other cause or event contributing concurrently or in any other sequence thereto . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED N MA2962 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 4 RADIOACTIVE CONTAMINATION EXCLUSION CLAUSE - PHYSICAL DAMAGE - DIRECT ( U . S .A. ) This Policy does not cover any loss or damage arising directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination however such nuclear reaction nuclear radiation or radioactive contamination may have been caused * NEVERTHELESS if Fire is an insured peril and a Fire arises directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination any loss or damage arising directly from that Fire shall (subject to the provisions of this Policy) be covered EXCLUDING however all loss or damage caused by nuclear reaction nuclear radiation or radioactive contamination arising directly or indirectly from that Fire . * NOTE . - If Fire is not an insured peril under this Policy the words " NEVERTHELESS" to the end of the clause do not apply and should be disregarded . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED NMA1191 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 5 WAR AND TERRORISM EXCLUSION ENDORSEMENT Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss ; 1 . war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not), civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power; or 2 . any act of terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons , whether acting alone or on behalf of or in connection with any organisation (s) or government(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss, damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to 1 and/or 2 above . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED NMA2918 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 6 U . S . TERRORISM RISK INSURANCE ACT OF 2002 AS AMENDED NOT PURCHASED CLAUSE This Clause is issued in accordance with the terms and conditions of the " U . S . Terrorism Risk Insurance Act of 2002" as amended as summarized in the disclosure notice . It is hereby noted that the Underwriters have made available coverage for " insured losses" directly resulting from an "act of terrorism" as defined in the " U . S . Terrorism Risk Insurance Act of 2002" , as amended ("TRIA") and the Insured has declined or not confirmed to purchase this coverage . This Insurance therefore affords no coverage for losses directly resulting from any "act of terrorism" as defined in TRIA except to the extent, if any, otherwise provided by this policy. All other terms , conditions , insured coverage and exclusions of this Insurance including applicable limits and deductibles remain unchanged and apply in full force and effect to the coverage provided by this Insurance . LMA5390 09 January 2020 This Clause is issued in accordance with the terms and conditions of the "U. S. Terrorism Risk Insurance Act of 2002 " as amended as summarized in the disclosure notice. It is hereby noted that the Underwriters have made available coverage for "insured losses" directly resulting 1. • • - ("TRIA" ) and the Insured has declined or not confirmed to purchase this coverage . This Ins trance therefore affords no coverage losses directly resulting from any "act of terrorism" as defined in TRIA except to the extent, if any, otherwise provided by this policy. • • • LMA5390 No . 7 FRAUDULENT CONDUCT AND MISREPRESENTATION CLAUSE The entire Contract of Insurance and any loss or claim thereunder will be void if, whether before or after a loss , an Insured has : a . intentionally concealed or Intentionally misrepresented any material fact or circumstance ; b . engaged in fraudulent conduct; or Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 c. made false statements; relating to the Contract of Insurance or any loss or claim thereunder. In the event that any provision of this clause is found by a court of competent jurisdiction to be invalid or unenforceable , the other provisions of this clause and the remainder of the provision in question shall not be affected thereby and shall remain in full force and effect. LMA5120 19 November 2008 ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 8 APPLICATION OF SUBLIMITS ENDORSEMENT 1 . Application To Insured Interests. 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 . 2 . Application Within Perils. If insured under this policy, any sublimit for earthquake , earth movement, flood , windstorm , named storm , or named windstorm 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 such an occurrence . If flood occurs in conjunction with a windstorm , named storm , named windstorm , earthquake or earth movement, the flood sublimit applies within and erodes the sublimit for that windstorm , named storm , named windstorm , earthquake or earth movement. 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 . LMA5130 5 March 2009 No . 9 SANCTION LIMITATION AND EXCLUSION CLAUSE 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 , United Kingdom or United States of America . LMA3100 15 September 2010 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 10 INADVERTENT ERRORS AND OMISSIONS CLAUSE The property insured under this policy is based on property as per Schedule of Values on file with Underwriters , as submitted by the Insured prior to the inception of this policy . However, if any property of the Insured is omitted or undervalued because of negligence , error or oversight of the Insured , the Underwriters will accept that property as if such error or unintentional omission had not been made . Such omission or under valuation will not prejudice the Insured 's right of recovery under this policy . The Insured agrees to report to the Underwriters any omission or under valuation of property as soon as practicable after it is discovered . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED 518AJG00209 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 11 EXTENSION OF COVERAGE - MISCELLANEOUS UNNAMED LOCATION If a sublimit is shown in the Schedule , this Policy covers Real and Personal Property and related Time Element loss that occurs at Miscellaneous Unnamed Locations owned by the Insured or for which the Insured is legally responsible . Miscellaneous Unnamed Location means a location not included in the Schedule and/or on a separate schedule on file with Underwriters and located within the Territory . There is no coverage under this Extension of Coverage for any location which is covered under any other Extension of Coverage including but not limited to the Inadvertent Errors and Omissions Clause . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED No . 12 OFF PREMISES UTILITIES' SERVICES CLAUSE ( BUSINESS INTERRUPTION ) This Extension is subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached . In consideration of the premium paid , it is understood and agreed that if this Policy covers Business Interruption such coverage shall extend to loss resulting from necessary interruption of business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to gas , electric, water, and telephone facilities supplying the Insured 's premises . Loss arising from transmission distribution or feeder lines , however, will be limited to such lines located within five statute miles of the Insured 's premises , subject to a 24 hour waiting period . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. LMA5041 (amended ) 14/ 12/2005 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 13 INGRESS/EGRESS EXTENSION ( BUSINESS INTERRUPTION ) In consideration of the premium paid , and subject to the Exclusions , Conditions and Limitations of the Policy to which this Extension is attached , if this Policy covers Business Interruption , it is extended to cover the loss sustained by the Insured due to the necessary interruption of the Insured's business due to prevention of ingress to or egress from an insured location , whether or not the premises or property of the Insured is damaged , provided that such prevention is a direct result of physical loss or damage of the type insured by this Policy, to property of the type insured by this Policy situated within one statute mile of the insured location . This Extension does not insure loss resulting from : 1 ) lack of incoming or outgoing service consisting of electricity, fuel , gas , water, steam , refrigerant, sewerage and voice , data or video ; or 2 ) picketing or other action by strikers except for physical damage not excluded by this Policy. This Policy does not provide coverage under this Extension for more than 28 consecutive days . LMA5164 15 December 2010 No . 14 CIVIL OR MILITARY AUTHORITY EXTENSION ( BUSINESS INTERRUPTION ) In consideration of the premium paid , and subject to the Exclusions , Conditions and Limitations of the Policy to which this Extension is attached , if this Policy covers Business Interruption , it is extended to cover the loss sustained by the Insured due to the necessary interruption of the Insured's 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 of the type insured by this Policy, to property of the type insured by this Policy situated within one statute mile of the insured location . This Policy does not provide coverage under this Extension for more than 28 consecutive days . LMA5161 15 December 2010 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 15 BUSINESS INTERRUPTION EXTENSION In consideration of the premium paid , and subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached , and also to the FOLLOWING ADDITIONAL CONDITIONS , EXCLUSIONS AND LIMITATIONS , this Policy is extended to cover loss resulting from necessary Interruption of Business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to the Property Insured . In the event of such Direct Physical Loss or Damage , the Underwriters shall be liable for the actual loss sustained by the Insured resulting directly from such necessary Interruption of Business , but not exceeding the reduction in Gross Earnings , as defined hereafter, less charges and expenses which are not necessary during the Interruption of Business , for a period not to exceed the lesser of: - a ) such 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 damaged , or b) eighteen ( 18 ) calendar months , commencing with the date of such Direct Physical Loss or Damage and not limited by the expiration of this Policy. Extended Period of Indemnity: The period described above shall include such length of time , not to exceed one hundred and eighty ( 180 ) days , to restore the Insured 's business to the condition that would have existed had no Direct Physical Loss or Damage occurred commencing with the later of the following dates : i ) The date on which the liability of the Underwriters for Direct Physical Loss or Damage would otherwise terminate ; and ii ) The date on which the repair, rebuilding or replacement of such part of the property as has been destroyed or damaged is actually completed . Due consideration shall be given to the continuation of normal charges and expenses , including payroll expenses (but limited to ninety (90) days in respect of Ordinary Payroll ) , to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the Direct Physical Loss or Damage . CONDITIONS 1 . Direct Loss or Damage No claim shall be payable under this Extension unless and until a claim has been paid , or liability admitted , in respect of Direct Physical Loss or Damage to Property Insured under the Policy to which this Extension is attached and which gave rise to Interruption of Business . This Condition shall not apply if no such payment shall have been made , or liability admitted , solely owing to the operation of a Deductible in said Policy which excludes liability for losses below a specified amount. Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 3 . Resumption of Operations If the Insured could reduce the loss resulting from the Interruption of Business, a ) by complete or partial resumption of operation of the property, and/or b) by making use of Merchandise , Stock (Raw, In Process or Finished ) , or any other property at the Insured 's locations or elsewhere , and/or c) by using or increasing operations elsewhere , then such possible reduction shall be taken into account in arriving at the amount of loss hereunder. 4 . Expenses to reduce Loss This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension (except expenses incurred to extinguish a fire ) , and , in respect of manufacturing risks, such expense , in excess of Normal , as would necessarily be incurred in replacing any Finished Stock used by the Insured to reduce loss under this Extension ; but in no event to exceed the amount by which loss under this Extension is thereby reduced . Such expenses shall not be subject to the application of any contribution clause . EXCLUSIONS This Extension does not insure against:- 1 . increase in loss resulting from interference at the insured premises , by strikers or other persons , with rebuilding , repairing or replacing the property or with the resumption or continuation of operation ; 2 . increase in loss caused by the suspension , lapse , or cancellation of any lease , licence , contract, or order, unless such results directly from the insured Interruption of Business , and then Underwriters shall be liable for only such loss as affects the Insured's earnings during , and limited to , the period of indemnity covered under this Policy; 3 . increase in loss caused by the enforcement of any ordinance or law regulating the use , reconstruction , repair or demolition of any property insured hereunder; 4 . loss of market or any other consequential loss . Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 LIMITATIONS 1 . The Underwriters shall not be liable for more than the smaller of either: - a ) any specific Business Interruption Sublimit stated in the Policy, or b ) the Policy Limit of Liability stated in the Policy, where such includes Business Interruption , if such is a combined limit, in respect of such loss , regardless of the number of locations suffering an interruption of business as a result of any one occurrence . 2 . With respect to loss resulting from damage to or destruction of media for, or programming records pertaining to , electronic data processing or electronically controlled equipment, by the perils insured against, the length of time for which the Underwriters shall be liable hereunder shall not exceed : - a) thirty (30 ) consecutive calendar days or the time required with exercise of due diligence and dispatch to reproduce the data thereon from duplicates or from originals of the previous generation , whichever is less ; or, b) the length of time that would be required to rebuild , repair or replace such other property herein described as has been damaged or destroyed , but not exceeding eighteen ( 18 ) calendar months , whichever is the greater length of time . DEFINITIONS 1 . Gross Earnings are for the assessment of premium and for adjustment in the event of loss defined as , The sum of:- a) total net sales value of production or sales of Merchandise , and b) other earnings derived from the operations of the business , less the cost of c) Raw Stock from which production is derived , d ) supplies consisting of materials consumed directly in the conversion of such Raw Stock into Finished Stock, or in supplying the services sold by the Insured , e) Merchandise sold including packaging materials therefor, f) materials and supplies consumed directly in supplying the service(s) sold by the Insured , Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 g ) service(s) purchased from outsiders (not employees of the Insured ) for resale which do not continue under contract, h ) the difference between the cost of production and the nett selling price of Finished Stock which has been sold but not delivered . No other costs shall be deducted in determining Gross Earnings . In determining Gross Earnings due consideration shall be given to the experience of the business before the date of Direct Physical Loss or Damage and the probable experience thereafter had Direct Physical Loss or Damage not occurred . 2 . Raw Stock Material in the state in which the Insured receives it for conversion into Finished Stock. 3 . Stock in Process Raw Stock which has undergone any ageing , seasoning , mechanical or other process of manufacture at the Insured's premises but which has not become Finished Stock. 4 . Finished Stock Stock manufactured by the Insured which in the ordinary course of the Insured's business is ready for packing , shipment or sale . 5 . Merchandise Goods kept for sale by the Insured which are not the product of manufacturing operations conducted by the Insured . 6 . Normal The condition that would have existed had no Direct Physical Loss or Damage occurred . 7 . Ordinary Payroll The entire payroll expense for all employees of the Insured except officers , executives , department managers , and other employees under contract. LMA5039 (Amended ) 14/ 12/2005 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 16 PROPERTY CYBER AND DATA ENDORSEMENT 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any: 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 . 2 loss, damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement, restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act. 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back-up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident. 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 8 Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process, use or operate any Computer System . 9 Computer System means: 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet, wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N 8AW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 116) Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 17 COMMUNICABLE DISEASE ENDORSEMENT ( For use on property policies) 1 . This policy, subject to all applicable terms , conditions and exclusions , covers losses attributable to direct physical loss or physical damage occurring during the period of insurance . Consequently and notwithstanding any other provision of this policy to the contrary, this policy does not insure any loss , damage , claim , cost, expense or other sum , directly or indirectly arising out of, attributable to , or occurring concurrently or in any sequence with a Communicable Disease or the fear or threat (whether actual or perceived ) of a Communicable Disease . 2 . For the purposes of this endorsement, loss, damage , claim , cost, expense or other sum , includes , but is not limited to , any cost to clean-up , detoxify, remove , monitor or test: 2 . 1 . fora Communicable Disease , or 2 . 2 . any property insured hereunder that is affected by such Communicable Disease . 3 . As used herein , a Communicable Disease means any disease which can be transmitted by means of any substance or agent from any organism to another organism where : 3 . 1 . the substance or agent includes , but is not limited to , a virus , bacterium , parasite or other organism or any variation thereof, whether deemed living or not, and 3 . 2 . the method of transmission , whether direct or indirect, includes but is not limited to , airborne transmission , bodily fluid transmission , transmission from or to any surface or object, solid , liquid or gas or between organisms , and 3 . 3 . the disease , substance or agent can cause or threaten damage to human health or human welfare or can cause or threaten damage to , deterioration of, loss of value of, marketability of or loss of use of property insured hereunder. 4. This endorsement applies to all coverage extensions, additional coverages, exceptions to any exclusion and other coverage grant(s ) . All other terms, conditions and exclusions of the policy remain the same. LMA5393 25 March 2020 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. 11 116) G� ahr e 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 No . 18 DEBRIS REMOVAL ENDORSEMENT THIS ENDORSEMENT CONTAINS PROVISIONS WHICH MAY LIMIT OR PREVENT RECOVERY UNDER THIS POLICY FOR LOSS WHERE COSTS OR EXPENSES FOR DEBRIS REMOVAL ARE INCURRED . Nothing contained in this Endorsement shall override any Seepage and/or Pollution and/or Contamination Exclusion or any Radioactive Contamination Exclusion or any other Exclusion applicable to this Policy. Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to or destruction of property, for which Underwriters hereon agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay (hereinafter referred to as ' Damage or Destruction '), this Policy also insures , within the sum insured , subject to the limitations and method of calculation below, and to all the other terms and conditions of the Policy, costs or expenses ; (a ) which are reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage or Destruction occurred , of debris which results from the Damage or Destruction ; and (b) of which the Assured becomes aware and advises the amount thereof to Underwriters hereon within one year of the commencement of such Damage or Destruction . 2 . In calculating the amount, if any, payable under this Policy for loss where costs or expenses for removal of debris are incurred by the Assured (subject to the limitations in paragraph 1 above) : (a ) the maximum amount of such costs or expenses that can be included in the method of calculation set out in (b ) below shall be the greater of US$25 , 000 (twenty-five thousand dollars ) or 10% (ten percent) of the amount of the Damage or Destruction from which such costs or expenses result; and (b ) the amount of such costs or expenses as limited in (a) above shall be added to : (i ) the amount of the Damage or Destruction ; and ( ii ) all other amounts of loss , which arise as a result of the same occurrence , and for which Underwriters hereon also agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay; and the resulting sum shall be the amount to which any deductible or underlying amount to which this Policy is subject and the limit (or applicable sub-limit) of this Policy, shall be applied . N MA2343 24/ 11 / 1988 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. Gallagher 1262 AJG MARKET REFORM CONTRACT UMR :R : B1262PW0330022 PW0330022 POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE You are hereby notified that under the Terrorism Risk Insurance Act of 2002 , as amended ("TRIA") , that you now have a right to purchase insurance coverage for losses arising out of acts of terrorism , as defined in Section 102( 1 ) of the Act, as amended : The term "act of terrorism" means any act that is 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 an air carrier or vessel 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 . Any coverage you purchase for "acts of terrorism" shall expire at 12 : 00 midnight December 31 , 2027 , the date on which the TRIA Program is scheduled to terminate , or the expiry date of the policy whichever occurs first, and shall not cover any losses or events which arise after the earlier of these dates. YOU SHOULD KNOW THAT COVERAGE PROVIDED BY THIS POLICY FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM IS PARTIALLY REIMBURSED BY THE UNITED STATES UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER , YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE , SUCH AS AN EXCLUSION FOR NUCLEAR EVENTS . UNDER THIS FORMULA, THE UNITED STATES PAYS 80% 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 USD100 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 IN ANY ONE CALENDAR YEAR EXCEEDS USD100 BILLION . IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED USD100 BILLION , YOUR COVERAGE MAY BE REDUCED . THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT. I hereby elect to purchase coverage for acts of terrorism for a prospective premium of USD I hereby elect to have coverage for acts of terrorism excluded from my policy. I understand that I will have no coverage for losses arising from acts of terrorism . Policyholder/Applicant's Signature Syndicate on behalf of certain underwriters at Lloyd ' s Print Name Policy Number Date LMA9184 09 January 2020 Arthur J . Gallagher (UK) Limited is authorised and regulated by the Financial Conduct Authority. Registered Office : The Walbrook Building , 25 Walbrook, London EC4N SAW. Registered in England and Wales . Company Number: 1193013. www.AJG .com/UK ©2021 Arthur J. Gallagher & Co. All rights reserved. Policy Number : (UMR) B1262PW0330022 SECURITY DETAILS REFERENCES UMR ( Unique Market Reference ) : B1262PW0330022 Date contract printed to PDF : 11 : 37 24 December 2021 SIGNED UNDERWRITERS Beazley Syndicates AFB AFB 11 ((TEM _my AFB 2623/0623 10 . 000000 °%o J W V 2 0 F 2 2 A N F F P2 Written P2 14 : 24 23 December 2021 10 . 000000 % Lloyd's Underwriter Syndicate No . AFB 2623 82 % / AFB 623 18 % , London , England Signed Calum Brewster Bound as Slip Leader, Lloyd ' s Leader Su bjectivities AMEND REGULATORY CLIENT CLASSIFICATION TO READ ' COMMERCIAL - LARGE RISK Deadline 21 January 2022 ( GMT ) Status Open Apollo Syndicate Management Ltd APOLLU APL 1969 at LLOYD'S ‘ai 1969 RJH 4 . 000000 % 2 2 P T 5 6 1 6 92 01 P2 Written 16 : 48 23 December 2021 3 . 000000 % Lloyd's Underwriter Syndicate No . 1969 APL , London , England Signed Richard Hardcastle Bound Policy Number : (UMR) B1262PW0330022 HCC International Insurance Company PLC fit TO KI O MARINE ` HCC XIS LIRMA H5100 6 . 000000 % P 2 2 E 0 2 3 0 A 0 0 1 DM - prim Written 09 : 48 24 December 2021 5 . 000000 % Houston Casualty Company ( UK Branch ) , LIRMA H5100 Signed David Mansell Bound as XIS Leader IQUW 1856 IQUW ACS 1856 5 . 000000 °%° A006 2822 P2 Written 11 : 26 24 December 2021 2 . 500000 % Lloyd's Underwriter Syndicate 1856 ACS , London , England Signed Millie Brennan Bound Su bjectivities Please send updated SOV which reflects binding SOV. Deadline N/A Status Subjectivity has been satisfied QBE European Company Operations QBEkaQBE 1886 PER SV 5 . 000000 °A° 2 2 P D 3 2 8 9 2 2 R A Written P2 16 : 24 23 December 2021 4 . 000000 % Lloyd's Underwriter Syndicate No . 1886 QBE , London , England Signed Simon Duke Bound Policy Number : (UMR) B1262PW0330022 CNA Hardy © HDU IkV0382 5 . 000000 % N T I A E E 3 6 1 6 A X P2 Written 09 : 24 24 December 2021 1 . 285714 % Lloyd's Underwriter Syndicate No . 0382 HDU , London , England Signed Reece Ballard Bound Unicorn Underwriting Limited Written 6 . 000000 % Signed 1 . 714286 % unicorn UNDERWRITING 9417 1 . 000000 % M 2 7 6 8 1 P A 1 2 2 X Written 09 : 56 24 December 2021 0 . 285714 % Unicorn Worldwide Property Limited 9417 - ARG 2121 ( 100 % ) . All underwriters as per LPSO Registered Signed No 9417 Neil Chapman Bound UnIC011 UNDERWRITING 3 . 000000 % U N I P A L 2 0 2 1 8 7 Written 09 : 56 24 December 2021 0 . 857143 % Unicorn WVVP Limited underwriting on behalf of Palomar Excess and Surplus Insurance Company 100 % . Signed All loss notices and updates to be notified to both : TPA@pibadjusters. comandesclaims@plmr. com Neil Chapman Bound Policy Number : (UMR) B1262PW0330022 UNDERWRITING 2 . 000000 % U N 1 1 7 0 0 1 2 2 4 6 Written 09 : 56 24 December 2021 0 . 571429 % Unicorn VVWP Limited underwriting on behalf of Starstone Specialty Insurance Company 100 % . All loss Signed notices and updates to be notified to propertyprogramclaims@corespecialty. com Neil Chapman Bound Blenheim Underwriting Limited Blenheim WBC ,,YNr)ICATF 5886 LEV 5886 NJA 2 . 500000 % D 2 2 A 8 0 6 0 A 0 0 1 P2 Written 16 : 27 23 December 2021 2 . 500000 % Lloyd 's Underwriter Syndicate No . 5886 WBC , London , England Signed Oliver Pirie Bound Policy Number : (UMR) B1262PW0330022 SETTLEMENT INFORMATION Allocation of Premium to Coding P2 at 100 . 000000 % Allocation of Premium to Year of Account 2022 Terms of Settlement Settlement Due Date : 01 March 2022 Instalment Premium Period of Credit: 0 day (s) Adjustment Premium Period of Credit: 0 day (s) Houston Casualty Company ( UK Branch ) , LIRMA H5100 Leading XIS Company David Mansell Lloyd's Underwriter Syndicate No . AFB 2623 82 % / AFB 623 18 % , London , England Bureau Leader and Lloyd ' s Leader Calum Brewster 1:50 Risk Placement Services , Inc. - Atlanta • Georgia 400 Center 2400 Lakeview Parkway, Suite 675 g Y Alpharetta , GA 30009 Phone : Risk Placement Services, Inc . Fax: Knowledge . Relationships . Trust and Confidence . March 25 , 2022 Attn : AJG - Centennial - Risk Mgmt karen_graham@ajg . com Insured : Colorado Counties Casualty and Property Pool Policy # : PW0330022 Carrier : Underwriters at Lloyd ' s, London Coverage Type : BRK Commercial Property Coverage Term : 1/ 1/2022 to 1/ 1/2023 Thank you for placing the attached policy with RPS. While we have reviewed the document against our quote/binder, please now check the policy, and then review the final coverage provided with the insured , keeping in mind that it may not be as broad as their original application / request or previous coverage . If you discover errors, please contact us immediately, and our Account Executive will work with you to make adjustments (which require insurer acceptance of endorsements that may be needed ) . Also included is a combined document of certain advisory notices ( RPS159 ) . While this is not a part of the policy, you will find that it provides helpful reminders for both the insured and your staff such as Certificates, Cancellations, Minimum Earned , etc, so you and the insured are aware of how we handle certain issues . Again , thank You for your business, and please let us know if there is any further insurance we could provide to this insured , similar style accounts, or any placement where you may need our help . RPS prides itself in having many markets and most every line of business specialty in one of our offices — please give us a chance to write something more for you ! RPS Acct Exec : Stephen Adair Contacts : (770) 829-3363 stephen_adair@rpsins . com Team Member : Daniel Warner Contacts : (770) 829-3362 daniel_warner@rpsins . com 1.1:61 PLACEMENT SERVICES RPS Specialty Market Policy Notices for the Policy Holder and Retail Producer This form is NOT a part of the policy and does NOT amend policy wording , but is designed to be delivered when the policy is provided to the Policy Holder. When using "you" or "your" the form is addressing the Policy Holder; when using " Producer" it refers to the Retail Producing Entity and/or their production person ; RPS is used for Risk Placement Services , Inc. Assignment : This Policy or Certificate may not be assigned to another entity without the written consent of the Insurer. The policy wording should be reviewed carefully for this provision before any assignment attempt is made . Audits : If your insurance policy includes general liability, product liability and/or completed operations liability, your policy is subject to an audit on a Minimum and Deposit basis . Liability premiums are often calculated using estimated exposures for a future period of time , for example gross annual sales , payroll and subcontractor costs . At the end of your policy period , the company may audit the actual exposures for your policy period . If the exposures are higher than estimated , additional premium will be due . If the exposures are lower than estimated , and the premium already paid is a Minimum and Deposit premium then no premium adjustment will be made , and no return premium will be issued . The Producer should review any Audit Condition from the policy with you . The Producer is responsible for collecting any audit premiums due within 20 days of the billing , unless otherwise noted . Binding Coverage : Coverage can only be bound after a written request is received and acknowledged by RPS . Cancellation : The policy has specific cancellation provisions that should be reviewed , and may be subject to special endorsements based on the State regulations . Flat cancellations are not allowed . In order to cancel you need to make written request in advance of the requested date . The policy also contains provisions that establish minimum earned premiums , minimum and deposit premiums or fully earned premiums . Cancellation for non-payment of premium , including failure to pay outside financing , is generally considered to be at the request of the Insured and therefore subject to financial penalties as described in the policy. If a Notice of Cancellation is sent for non-payment , there may be a Service Fee ( not a premium ) required to effect a rescission of the Notice . The amount of the fee will typically be shown on the Notice , and must be paid by the party requesting the rescission . The policy may not continue if the Service Fee is not paid . Certificates of Insurance : You may request Certificates of Insurance from the Producer that placed your insurance policy. Such Certificates cannot contain wording contrary to the Policy Coverage as provided . Additional Insureds , often requested with Certificates of Insurance , generally require an Additional Premium , and can only be added after the Insurer knows of the insurable interest and accepts the entity as being added to the policy. Producers can access the RPS website to obtain many Certificates or make special coverage change requests via endorsement as needed to satisfy certain Certificate Holders , keeping in mind such additional coverages may require additional premium charges . Claims Reporting : Report all claims as soon as possible. The policy will define what constitutes a claim . The policy contains specific address , phone , or website information as to where and how to report a claim . Most Insurers maintain 24/7 service of such numbers . Your Producer may also assist you with filing a claim , and they have access to the RPS website https ://my. rpsins.com/claimsfnol and/or RPS claim reporting toll free number 1 -844-777-8323 to do so , however, you should review the claim reporting provision of the policy. If your policy is a "claims-made" policy, it is essential to understand what constitutes a claim from the language in the policy, and also know that all claims must be reported to the insurer as soon as possible . Both the policy and your broker can instruct you how and where to submit a claim . If a claim is reported after the time period specified in the policy, the insurer may deny coverage . Do not offer to compromise or settle any claim or demand without the insurer's prior agreement, or you will risk losing coverage . Coverage : This policy may not be as broad in scope as the policy it replaces nor as the coverage requested . This policy was issued to reflect the coverage as quoted by RPS to your Producer. Your Producer should review the entire contract of insurance with you . Endorsements : Additional coverage , changes or revisions are subject to acceptance of the Insurer and must be endorsed to the policy. The Producer has no authority to endorse or change the policy, but should submit in writing the requested changes to RPS who will work with the Insurer to effect endorsement's acceptability to the Insurer. Coverage is not in force until confirmed by RPS . RPS-159 (2020. 09) Page 1 of 2 IMTS PLACEMENT SERVICES Fees : Unless otherwise noted , all Fees are fully earned at the time of placement of this insurance and are not subject to pro-rata return if the policy is cancelled . Financing : Any premium financing is a contractual relationship between the Premium Finance Company ( PFC) and the Borrower. The Insurer, Agents , nor Brokers are parties to the Finance Agreement, and policy wording will not be amended to any contractual provisions therein . All such contracts must be set up showing the Insurer's Name c/o Risk Placement Services , Inc. , using the RPS branch address where the policy was placed . Once financed , it is the duty of the Producer to inform the PFC of any changes to the contract, additional or return premiums , and cancellation of the policy. Forms Signed & Returned : The policy may have been delivered with forms that require the signature of the Named Insured . Such forms should be signed and returned to the Producer immediately, so they can in turn provide them to RPS , who will post them to the Insurer files . Inspections : To keep coverage in force , an inspection may be required , and provisions for this are in the policy. Producer should review with the Policy Holder the need to arrange site appointments with inspectors , who may be vendors . Minimum Earned Premium : This quotation/policy may include a Minimum Earned Premium provision , expressed as a percentage and/or dollar amount. This means that if the insurance policy is cancelled by you for any reason , the company will retain no less than the Minimum Earned Premium . Example: The policy premium is $ 1 , 000 and the Minimum Earned Premium is 25%. The policy is an annual policy and is cancelled after 2 days of being in force. The company would retain at least 25% of the premium ($ 1 , 000 X 25 % = $250 and return no more than $ 750. Producer Not Agent: The Producer is a representative of the Policy Holder / Named Insured , and as such does not act as an Agent of the Insurer nor of RPS . Transportation Policies : Report all newly hired drivers as soon as possible . Report all newly acquired vehicles prior to putting them in service and/or on the road . RPS-159 (2020. 09) Page 2 of 2 EVANSTON INSURANCE COMPANY MARKEL' SUBSCRIPTION PROPERTY DECLARATIONS POLICY NUMBER : MKLV2XPR000583 Named Insured and Mailing Address ( No . , Street, Town or City , County , State , Zip Code) Colorado Counties Casualty & Property Pool 800 N GRANT ST STE 400 C/O CTSI DENVER , CO 80203-2944 Policy Period : From 01 /01 /2022 to 01 /01 /2023 at 12 : 01 A . M . Standard Time at your mailing address shown above . IN RETURN FOR THE PAYMENT OF THE PREMIUM , AND SUBJECT TO ALL THE TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY. Description Of Premises Per schedule on file with the company Premiums And Fees Total Premium For This Coverage Part : $ 124 , 706 Minimum Earned Premium : $31 , 177 Inspection Fee : $0 . 00 Endorsements Forms and Endorsements applying to this Coverage Part and made pad of this policy at time of issue : SEE MDIL 1001 ATTACHED Producer Number, Name and Mailing Address Premium $ 124 , 706 . 00 210297 CO Surplus Lines Tax : $3 , 741 . 18 Total Charges $ 128 , 447 . 18 Risk Placement Services , Inc. Georgia 400 Center, 2400 Lakeview Pkwy , Suite 675 Alpharetta , GA 30009 These declarations , together with the Common Policy Conditions, Coverage Form( s ) and any Endorsement( s ), complete the above numbered policy . 1/41,j/1/: 21/4J“/),, Countersigned : 02/02/2022 By : DATE AUTHORIZED REPRESENTATIVE THIS CONTRACT IS DELIVERED AS SURPLUS LINES INSURANCE UNDER THE 'NONADMITTED INSURANCE ACT . THE INSURER ISSUING THIS CONTRACT IS NOT ADMITTED IN COLORADO BUT IS AN ELIGIBLE NONADMITTED INSURER. THERE IS NO PROTECTION UNDER THE PROVISIONS OF THE 'COLORADO INSURANCE GUARANTY ASSOCIATION ACT Joel D . Cavaness RPSATL/SC/2022 . 05 . 06 MDCP 1014 06 17 Page 1 of 1 To Report a Loss • Dial toll-free # 1 (844) 777-8323 or visit our • Website : https : //my. rpsins . com/claimsfnol • Contact Insurer directly (see policy section) COMMERCIAL PROPERTY POLICY NUMBER : MKLV2XPR000583 MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. OCCURRENCE LIMIT OF INSURANCE - EXCESS INSURANCE This endorsement modifies insurance provided under all Property , Difference In Conditions and similar or related coverage forms attached to this policy . SCHEDULE Percentage Of Insured Value Per Item : 100 % The following Special Terms and Conditions apply to this policy and supersede any provisions to the contrary in any applicable coverage form or endorsement : 1 . The Limit Of Insurance or amount of insurance shown on the Declarations , or endorsed onto this policy , is the total limit or amount applicable to any one occurrence . In no event shall our liability exceed this limit or amount in one occurrence , regardless of the number of locations involved . 2 . The premium for this policy is based on the Statement Of Values on file with us or attached to this policy . In the event of direct physical loss or damage to Covered Property as a result of a Covered Cause of Loss , our limit of insurance shall be the least of the following : a . The actual adjusted amount of loss , less any applicable deductible . b. The stated value for each scheduled item of lost or damaged property , as shown on the Statement of Values on file with us or Schedule attached to this policy . However , if a blanket limit is shown for the lost or damaged property on the Statement Of Values or Schedule attached to this policy , then that limit will apply . The percentage shown in the Schedule of this endorsement applies to the individually stated value for lost or damaged property as shown on the latest Statement Of Values on file with us or Schedule attached to this policy . If a percentage is not shown in the Schedule of this endorsement, then Paragraph 2 . b . does not apply . c . The limit of insurance or amount of insurance shown on the Declarations or endorsed onto this policy . Any Schedule attached to this policy supersedes any Statement Of Values on file with us or provided by the Insured . 3 . Occurrence , where used in this policy , means any one loss , disaster, casualty , or series of losses , disasters or casualties arising out of one event . 4. The duration and extent of any one occurrence will not exceed the total of all loss sustained during any period of 168 consecutive hours from and by the same event , except with respect to loss caused by or resulting from : a . Windstorm , hail , tornado , hurricane and cyclone , including ensuing collapse and water damage , any one occurrence will be limited to a period of 120 consecutive hours . b. Riot , riot attending strike , civil commotion , looting , theft , vandalism and malicious mischief, any one occurrence will be limited to a period of 72 consecutive hours . c . Earth movement , earthquake and fire following and directly occasioned by the earth movement or earthquake , any one occurrence will be limited to any period of 168 consecutive hours . Losses arising from a combination of 2 or more causes of loss as a result of the same event shall be considered as having arisen from one occurrence . Notwithstanding the foregoing , the hourly limitations stated above shall not be MECP 1213 02 15 Page 1 of 2 exceeded with respect to the applicable causes of loss and no single occurrence shall encompass a time period greater than 168 consecutive hours . The occurrence period defined in the Primary or Underlying Excess Policy shown in the Supplemental Declarations applies if it is shorter than the occurrence period shown in 4. above , When filing proof of loss , the insured may elect the moment at which the period of consecutive hours shall be deemed to have commenced , which may not be earlier than the time when the first loss to covered property occurs . All other terms and conditions remain unchanged . M EC P 1213 02 15 Page 2 of 2 COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL PROPERTY EXCLUSIONS AND CONDITIONS This endorsement modifies insurance provided under all Property , Difference In Conditions and similar or related coverage forms attached to this policy . A. EXCLUSIONS We shall not pay for loss or damage caused directly or indirectly by or resulting from any of the following . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . 1 . Nuclear Hazard Nuclear reaction , nuclear radiation or radioactive contamination , however caused . But , if nuclear reaction , radiation or radioactive contamination results in fire , we will pay for the loss or damage caused by that fire , if fire is a Covered Cause of Loss under this policy . 2 . Governmental Action Seizure , confiscation , quarantine or destruction of Covered Property by order of any governmental or public authority , But we will pay for loss or damage caused by or resulting from acts of destruction ordered by governmental authority and taken at the time of a fire to prevent its spread , if the fire would be covered under this policy . 3 . War And Military Action a . Any hostile or warlike action in time of peace or war, whether or not the war is declared , including action in hindering , combating or defending against an actual , impending or expected attack by: ( 1 ) Any government or sovereign power (de jure or de facto) or by any authority maintaining or using military forces ; ( 2 ) Military , naval or air forces ; or ( 3 ) Any agent of any government, power, authority or forces ; b. Any weapon of war, including but not limited to weapons employing atomic fission or radioactive force , whether in time of peace or war; or c . Insurrection , rebellion , revolution , civil war, usurped power or action taken by governmental authority in hindering , combating or defending against any of these . B . CONDITIONS 1 . Abandonment There can be no abandonment of any property to us . 2 . Appraisal If we and you disagree on the value of the property or the amount of loss , either may make written demand for an appraisal of the loss within 60 days after the receipt of proof of loss by us . In this event , each party will select a competent and impartial appraiser. The two appraisers will select an umpire . If they cannot agree within 15 days , either may request that selection be made by a judge of a court having jurisdiction . The appraisers will state separately the value of the property and amount of loss . If they fail to agree , they will submit their differences to the umpire . A decision agreed to by any two will be binding . Each party will : MECP 1215 09 14 Includes copyrighted material of Insurance Services Office , Inc. , Page 1 of 6 with its permission . a . Pay its chosen appraiser; and b. Bear the other expenses of the appraisal and umpire equally . If there is an appraisal , we will still retain our right to deny the claim . 3 . Brands And Labels In the event of loss of or damage to labels , capsules or wrappers , the loss will be adjusted on the basis of an amount sufficient to pay the cost of new labels , capsules or wrappers . If branded or labeled merchandise covered by this policy is damaged and we elect to take all or any pad of such merchandise at the value established by the terms of this policy , you may , at your own expense , label the damaged property as salvage or remove or obliterate the brands or labels , if such stamp , removal or obliteration will not physically damage the merchandise ; but you must re- label the merchandise or containers in compliance with the requirements of law . 4. Cancellation a . The first Named Insured shown in the Declarations may cancel this policy by mailing or delivering to us advance written notice of cancellation . b. We may cancel this policy by mailing or delivering to the first Named Insured written notice of cancellation at least : ( 1 ) 10 days before the effective date of cancellation if we cancel for nonpayment of premium ; or ( 2 ) 30 days before the effective date of cancellation if we cancel for any other reason . c . We will mail or deliver our notice to the first Named Insured 's last mailing address known to us . d . Notice of cancellation will state the effective date of cancellation . The policy period will end on that date . e . If this policy is cancelled , we will send the first Named Insured any premium refund due . If we cancel , the refund will be pro rata . If the first Named Insured cancels , the refund may be less than pro rata . The cancellation will be effective even if we have not made or offered a refund . f. If notice is mailed , proof of mailing will be sufficient proof of notice . 5 . Changes a . This policy contains all the agreements between you and us concerning the insurance afforded by this policy . The first Named Insured shown in the Declarations is authorized to make changes in the terms of this policy with our consent . The terms of this insurance can be amended or waived only by endorsement issued by us and made a pad of this policy . b. Notice to any agent or knowledge possessed by any agent or any other person will not : ( 1 ) Create a waiver or change any part of this policy ; or ( 2 ) Prevent us from asserting any rights under this policy . 6 . Concealment, Misrepresentation Or Fraud This insurance is void in case of any fraud by you as it relates to this insurance at any time . It is also void if you or any other insured intentionally conceal or misrepresent a material fact concerning : a . This insurance ; b. Any Covered Property ; c . Your interest in any Covered Property ; or d . A claim under this insurance . 7 . Control Of Property a . Any act or neglect of any person other than you beyond your direction or control will not affect tis insurance . b. The breach of any condition of this insurance at any one or more locations will not affect coverage at any location where , at the time of loss or damage , the breach of condition does not exist . 8 . Duties In The Event Of Loss Or Damage MECP 1215 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 2 of 6 with its permission . a . You must see that the following are done in the event of loss or damage to Covered Property : ( 1 ) Notify the police if a law may have been broken . ( 2 ) Upon knowledge of any occurrence likely to give rise to claim for covered loss or damage , you shall give us written notice as soon as practicable but no later than one year from the expiration of this insurance . Include a description of the property involved . ( 3 ) As soon as possible , give us a description of how , when and where the loss or damage occurred . (4) Take all reasonable steps to protect the Covered Property from further damage , and keep a record of your expenses necessary to protect the Covered Property for consideration in the settlement of the claim . This will not increase the Limit of Insurance . However, we will not pay for any subsequent loss or damage resulting from a cause of loss that is not a Covered Cause of Loss . Also , if feasible , set the damaged property aside and in the best possible order for examination . (5 ) At our request , give us complete inventories of the damaged and undamaged property . Include quantities , costs , values and amount of loss claimed . ( 6 ) As often as may be reasonably required , permit us to inspect the property proving the loss or damage and examine your books and records . Also , permit us to take samples of damaged and undamaged property for inspection , testing and analysis , and permit us to make copies from your books and records . (7 ) Send us a signed , sworn proof of loss containing the information we request to investigate the claim . You must do this within 60 days after our request . We will supply you with the necessary forms . ( 8 ) Cooperate with us in the investigation or settlement of the claim . b. We may examine any insured under oath , while not in the presence of any other insured and at such times as may be reasonably required , about any matter relating to this insurance or the claim , including an insured 's books and records . In the event of an examination , an insured 's answers must be signed . 9 . Examination Of Your Books And Records We may examine and audit your books and records as they relate to this insurance at any time during the policy period and up to three years afterward . 10 . Inspections And Surveys a . We have the right to : ( 1 ) Make inspections and surveys of the subject(s) of this insurance at any time ; ( 2 ) Give you reports on the conditions we find ; and ( 3 ) Recommend changes . b. We are not obligated to make any inspections , surveys , reports or recommendations and any such actions we do undertake relate only to insurability and the premiums to be charged . c . We do not : ( 1 ) Make safety inspections ; ( 2 ) Undertake to perform the duty of any person or organization to provide for the health or safety of workers or the public; or ( 3 ) Warrant that any conditions : (a ) Are safe or healthful ; or ( b) Comply with laws , regulations , codes or standards . d . Paragraphs a. , b . and c . of this condition apply not only to us , but also to any rating , advisory , rate service or similar organization which makes insurance inspections , surveys , reports or recommendations . e . Paragraphs b . and c . of this condition do not apply to any inspections , surveys , reports or recommendations we may make relative to certification , under state or municipal statutes , ordinances or regulations , of boilers , pressure vessels or elevators . 11 . Insurance Under Two Or More Coverages MECP 1215 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 3 of 6 with its permission . If two or more of this policy's coverages apply to the same loss or damage , we will not pay more than the actual amount of the loss or damage . 12 . Legal Action Against Us No one may bring a legal action against us under this insurance unless : a . There has been full compliance with all of the terms of this insurance ; and b. The action is brought within one year after the date on which the direct physical loss or damage occurred . 13 . Liberalization If we adopt any revision that would broaden the coverage under this Coverage Part without additional premium within 45 days prior to or during the policy period , the broadened coverage will immediately apply to this Coverage Part . 14. Mortgageholders a . The term mortgageholder includes trustee . b. We will pay for covered loss of or damage to buildings or structures to each mortgageholder shown in the Declarations in their order of precedence , as interests may appear. c . The mortgageholder has the right to receive loss payment even if the mortgageholder has started foreclosure or similar action on the building or structure . d . If we deny your claim because of your acts or because you have failed to comply with the terms of this Coverage Part , the mortgageholder will still have the right to receive loss payment if the mortgageholder: ( 1 ) Pays any premium due under this Coverage Part at our request if you have failed to do so ; ( 2 ) Submits a signed , sworn proof of loss within 60 days after receiving notice from us of your failure to do so ; and ( 3 ) Has notified us of any change in ownership , occupancy or substantial change in risk known to the mortgageholder. All of the terms of this Coverage Part will then apply directly to the mortgageholder. e . If we pay the mortgageholder for any loss or damage and deny payment to you because of your acts or because you have failed to comply with the terms of this Coverage Part : ( 1 ) The mortgageholder's rights under the mortgage will be transferred to us to the extent of the amount we pay ; and ( 2 ) The mortgageholder's right to recover the full amount of the mortgageholder's claim will not be impaired . At our option , we may pay to the mortgageholder the whole principal on the mortgage plus any accrued interest . In this event , your mortgage and note will be transferred to us and you will pay your remaining mortgage debt to us . f. If we cancel this policy , we will give written notice to the mortgageholder at least : ( 1 ) 10 days before the effective date of cancellation if we cancel for your nonpayment of premium ; or ( 2 ) 30 days before the effective date of cancellation if we cancel for any other reason . g . If we elect not to renew this policy, we will give written notice to the mortgageholder at least 10 days before the expiration date of this policy . 15 . No Benefit To Bailee No person or organization , other than you , having custody of Covered Property will benefit from this insurance . 16 . Other Insurance a . You may have other insurance subject to the same plan , terms , conditions and provisions as this insurance . If you do , we will pay our share of the covered loss or damage . Our share is the proportion that our applicable Limit of Insurance bears to the limits of all insurance covering on the same basis . MECP 1215 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 4 of 6 with its permission . b. If there is other insurance covering the same loss or damage other than that described in a . above , we will pay only for the amount of covered loss or damage in excess of the amount due from that other insurance , whether you can collect on it or not . But we will not pay more than our applicable Limit of Insurance . 17 . Pair, Set Or Parts In the event of loss of or damage to any : a . Article or articles which are a pad of a pair or set , the measure of loss of or damage to such article or articles shall be a reasonable and fair proportion of the total value of the pair or set , giving consideration to the importance of such article or articles , but in no event shall such loss or damage be construed to mean total loss of the pair or set ; or b. Part of Covered Property consisting of several pads when complete , we will only pay for the value of the lost or damaged pad . 18 . Policy Period , Coverage Territory Under this Coverage Part : a . We cover loss or damage commencing : ( 1 ) During the policy period shown in the Declarations ; and ( 2 ) Within the coverage territory . b. The coverage territory is : ( 1 ) The United States of America (including its territories and possessions) ; and ( 2 ) Canada . 19 . Premiums The first Named Insured shown in the Declarations : a . Is responsible for the payment of all premiums ; and b. Will be the payee for any return premiums we pay . 20 . Salvage And Recovery If we pay you for the loss and the lost or damaged property is recovered , or payment is made by those responsible for the loss , the following provisions apply : a. You must notify us promptly if you recover property or receive payment ; b. We must notify you promptly if we recover property or receive payment ; c . Any recovery expenses incurred by either are reimbursed first ; d . You may keep the recovered property or payment received , but you must refund to us the amount of claim paid or any lesser amount to which we agree ; and e . If the claim paid is less than the agreed loss due to a deductible or other limiting terms of this policy , any recovery will be prorated between you and us based on our respective interest in the loss . 21 . Transfer Of Your Rights And Duties Under This Policy Your rights and duties under this policy may not be transferred without our written consent except in the case of death of an individual named insured . If you die , your rights and duties will be transferred to your legal representative , but only while acting within the scope of duties as your legal representative . Until your legal representative is appointed , anyone having proper temporary custody of your property will have your rights and duties , but only with respect to that property . 22 . Transfer Of Rights Of Recovery Against Others To Us If any person or organization to or for whom we make payment under this insurance has rights to recover damages from another, those rights are transferred to us to the extent of our payment . That person or organization must do everything necessary to secure our rights and must do nothing after loss to impair them . But you may waive your rights against another party in writing : MECP 1215 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 5 of 6 with its permission . a . Prior to a loss to your Covered Property or Covered Income ; b. After a loss to your Covered Property or Covered Income only if, at time of loss , that party is one of the following : ( 1 ) Someone insured by this insurance ; ( 2 ) Your tenant ; or ( 3 ) A business firm : (a ) You own or control ; or ( b) That owns or controls you . This will not restrict your insurance . All other terms and conditions remain unchanged . MECP 1215 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 6 of 6 with its permission . COMMERCIAL PROPERTY POLICY NUMBER : MKLV2XPR000583 MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION OF CERTIFIED ACTS OF TERRORISM All coverages , coverage parts or coverage forms included in the Property coverage section (s) of this policy are subject to the following conditions : SCHEDULE The Exception Covering Certain Fire Losses ( Paragraph C) applies to property located in the following state (s) , if covered under the indicated Coverage Form , Coverage Part or Policy : State (s ) Coverage Form , Coverage Part Or Policy All Commercial Property and Commercial Inland Marine CA , ME , MO , OR , WI coverages , coverage parts or coverage forms attached to this policy . GA , HI , IL , IA , NJ , NY , NC , RI , WA , WV All Commercial Property coverages , coverage pads or coverage forms attached to this policy . Information required to complete this Schedule , if not shown above , will be shown in the Declarations . A . The following definition is added with respect to the provisions of this endorsement : " Certified act of terrorism " means an act that is certified by the Secretary of the Treasury to be an act of terrorism pursuant to such Act . The criteria contained in the Terrorism Risk Insurance Act for a " certified act of terrorism " include the following : 1 . The act resulted in insured losses in excess of $5 million in the aggregate , attributable to all types of insurance subject to the Terrorism Risk Insurance Act ; and 2 . The act is a violent act or an act that is dangerous to human life , property or infrastructure and is 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 . B . The following exclusion is added : CERTIFIED ACT OF TERRORISM EXCLUSION We will not pay for loss or damage caused directly or indirectly by a " certified act of terrorism " . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . C . Exception Covering Certain Fire Losses The following exception to the exclusion in Paragraph B . applies only if indicated and as indicated in the Schedule of this endorsement . If a " certified act of terrorism " results in fire , we will pay for the loss or damage caused by that fire . Such coverage for fire applies only to direct loss or damage by fire to Covered Property . Therefore , for example , the coverage does not MECP 1304 05 16 Includes copyrighted material of Insurance Services Office , Inc . Page 1 of 2 with its permission . apply to insurance provided under any other types of coverage forms or endorsements , including but not limited to Business Income and/or Extra Expense coverages or any other time element or consequential coverages . If aggregate 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 Terrorism Risk Insurance Act , we shall not be liable for the payment of any portion of the amount of such losses that exceeds $ 100 billion , and 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 . D . Application Of Other Exclusions The terms and limitations of any terrorism exclusion , or the inapplicability or omission of a terrorism exclusion , do not serve to create coverage for any loss which would otherwise be excluded under this coverage form or policy , such as losses excluded by a nuclear hazard exclusion or a war and military action exclusion . All other terms and conditions remain unchanged . MECP 1304 05 16 Includes copyrighted material of Insurance Services Office , Inc . Page 2 of 2 with its permission . COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY EXCLUSION - VIRUS , HARMFUL CODE OR SIMILAR INSTRUCTION This endorsement modifies insurance provided under all Property , Difference In Conditions , and similar or related coverage forms attached to this policy . The following exclusion is added : We will not pay for loss or damage to electronic data caused directly or indirectly by any of the following . Such loss or damage is excluded regardless or any other cause or event that contributes concurrently or in any sequence to the loss . Virus , Harmful Code Or Similar Instruction 1 . Denial of service attack , including but not limited to unauthorized direction of a high volume of messages or inquiries to a website or e- mail destinations , effectively denying , interrupting or limiting legitimate access ; 2 . Transfer of property caused by , resulting from , or arising out of unauthorized instructions transmitted by a computer; 3 . Financial loss or any other loss or damage due to unauthorized viewing , copying or use of any data (including proprietary or confidential information) by any person , even if such activity is characterized as theft ; 4. Virus , harmful code or similar instruction introduced into or enacted on a computer system (including electronic data) or a network to which it is connected , designed to : a . Damage or destroy any part of the system , or disrupt its normal operation ; or b. Cause physical damage to computer equipment or electronic data . This includes electronic data which is integrated in and operates or controls the building 's elevator, lighting , heating , ventilation , air conditioning or security system . These exclusions apply regardless of: a . Any physical loss or damage to Covered Property by any cause , contributing concurrently or in any sequence ; b. Any loss of use , occupancy or functionality of computer equipment or computer media and data ; c . Any action required , including but not limited to repair, replacement, restoration , removal , cleanup , abatement , disposal , relocation ; and d . Medical or legal costs , expenses or fees . All other terms and conditions remain unchanged . MECP 1308 09 14 Includes copyrighted material of Insurance Services Office , Inc. , Page 1 of 1 with its permission . COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION - ASBESTOS This endorsement modifies insurance provided under all Property and similar or related coverage forms attached to this policy . The following exclusion is added and is therefore not a Covered Cause Of Loss : We will not pay for loss or damage arising out of, resulting from , or related in any way to the following . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . Asbestos Asbestos , asbestos- containing material or any material or substance containing asbestos or that is alleged to have contained asbestos . We shall have no duty of any kind with respect to any such loss or damage . All other terms and conditions remain unchanged . MECP 1315 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 1 of 1 with its permission . COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION - EQUIPMENT BREAKDOWN This endorsement modifies insurance provided under all Property and similar or related coverage forms attached to this policy . The following exclusion is added and is therefore not a Covered Cause Of Loss : We will not pay for loss or damage caused directly or indirectly by the following . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . Equipment Breakdown 1 . Mechanical or machinery breakdown , including rupture or bursting caused by centrifugal force . 2 . Electrical or electronic breakdown ; or 3 . Rupture , bursting , bulging , implosion , or steam explosion , which originate within : a . Steam boilers ; b. Steam turbines ; c . Steam engines ; d . Steam pipes ; or e . Gas turbines ; including equipment attached to and forming a part of thereof. But if an excluded loss described above results in loss or damage caused by fire , water or other means to extinguish a fire , or combustion explosion other than from any of the property described in this exclusion , then we will pay for that resulting loss or damage . All other terms and conditions remain unchanged . MECP 1316 09 14 Includes copyrighted material of Insurance Services Office , Inc. , Page 1 of 1 with its permission . COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION - BIOLOGICAL , RADIOLOGICAL OR CHEMICAL MATERIALS This endorsement modifies insurance provided under all Property and similar or related coverage forms attached to this policy . The following exclusion is added and is therefore not a Covered Cause Of Loss : We will not pay for loss or damage caused directly or indirectly by the following . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . Biological , Radiological Or Chemical Materials Loss or damage caused directly or indirectly by the actual or threatened malicious use of pathogenic or poisonous biological , radiological or chemical materials , whether in time of peace or war, and regardless of who commits the act . All other terms and conditions remain unchanged . MECP 1317 09 14 Includes copyrighted material of Insurance Services Office , Inc. , Page 1 of 1 with its permission . COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION - POLLUTION This endorsement modifies insurance provided all Property and similar or related coverage forms attached to this policy . A . The following exclusion is added and is therefore not a Covered Cause Of Loss : We will not pay for loss or damage caused directly or indirectly by any of the following . Such loss or damage is excluded regardless or any other cause or event that contributes concurrently or in any sequence to the loss . Pollution The discharge , dispersal , seepage , migration , release , escape or existence of contaminants or " pollutants " . This exclusion applies regardless of whether there is any : 1 . Direct physical loss or damage to Covered Property ; 2 . Loss of use , occupancy or functionality or decreased valuation of Covered Property or loss of Business Income ; 3 . Cost of removal , treatment , disposal , decontamination , replacement or restoration of Covered Property which has been contaminated by toxic or hazardous substances , contaminants or " pollutants" and by law or civil authority must be removed , contained , treated , detoxified or neutralized , disposed of, decontaminated , replaced or restored ; or 4. Suit or administrative proceeding or action involving the insured . But if the discharge , dispersal , seepage , migration , release , escape or existence of contaminants or " pollutants " results in a "specified cause of loss " , we will pay for the loss or damage caused by that "specified cause of loss " . B . The following definitions are added and replace any similar definition in any primary or underlying excess policy : " Pollutants " means any solid , liquid , gaseous or thermal irritant or contaminant , including smoke , vapor, soot , fumes , acids , alkalis , chemicals , toxic or hazardous substances and waste . Waste includes materials to be , or that have been , recycled , reconditioned or reclaimed . " Specified causes of loss " means the following : fire ; lightning ; explosion ; windstorm or hail ; smoke ; aircraft or vehicles ; riot or civil commotion ; vandalism or malicious mischief; leakage from fire- extinguishing equipment ; sinkhole collapse ; volcanic action , falling objects ; weight of snow , ice or sleet ; and water damage . 1 . Sinkhole collapse means the sudden sinking or collapse of land into underground empty spaces created by the action of water on limestone or dolomite . This cause of loss does not include : a. The cost of filling sinkholes ; or b. Sinking or collapse of land into man - made underground cavities . 2 . Falling objects does not include loss or damage to : a . Personal property in the open ; or b. The interior of a building or structure , or property inside a building or structure , unless the roof or an outside wall of the building or structure is first damaged by a falling object . 3 . Water damage means : MECP 1322 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 1 of 2 with its permission . a . Accidental discharge or leakage of water or steam as the direct result of the breaking apart or cracking of a plumbing , heating , air conditioning or other system or appliance (other than a sump system including its related equipment and pads) , that is located on the described premises and contains water or steam ; and b. Accidental discharge or leakage of water or waterborne material as the direct result of the breaking apart or cracking of a water or sewer pipe that is located off the described premises and is pad of a municipal potable water supply system or municipal sanitary sewer system , if the breakage or cracking is caused by wear and tear. But water damage does not include loss or damage otherwise excluded under the terms of any water exclusion included in this policy . To the extent that accidental discharge or leakage of water falls within the criteria set forth in 3 .a . or 3 . b. of this definition of "specified causes of loss , " such water is not subject to the provisions of any water exclusion which precludes coverage for surface water or water under the surface of the ground . All other terms and conditions remain unchanged . MECP 1322 09 14 Includes copyrighted material of Insurance Services Office , Inc . , Page 2 of 2 with its permission . COMMERCIAL PROPERTY MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION - ORGANIC PATHOGENS This endorsement modifies insurance provided under all Property coverage forms attached to this policy . A . The following exclusion is added and is therefore not a Covered Cause Of Loss : We will not pay for loss or damage caused directly or indirectly by any of the following . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . Organic Pathogens Presence , growth , proliferation , spread or any activity of " organic pathogens" . This exclusion applies regardless of whether there is any : 1 . Direct physical loss or damage to Covered Property ; 2 . Loss of use , occupancy or functionality or decreased valuation of Covered Property or loss of Business Income ; 3 . Action required , including but not limited to , testing , repair, replacement , removal , clean- up , abatement , disposal , relocation , or actions taken to address medical or legal concerns ; or 4. Suit or administrative proceeding , or action involving the insured . This exclusion replaces any " Fungus " , Wet Rot , Dry Rot And Bacteria exclusion or other similar exclusion in this policy . B . With respect to this exclusion , the following definitions are added and replace any similar definitions in this policy : 1 . " Fungus " means any type or form of fungus , including mold or mildew , and any mycotoxins , spores , scents or by- products produced or released by fungi . 2 . " Organic pathogen " means : a . Any organic irritant or contaminant including , but not limited to , "fungus " , wet or dry rot , bacteria , virus or other microorganisms of any type , and their by- products such as spores or mycotoxins ; or b. Any disease- causing agent as classified by the Environmental Protection Agency . All other terms and conditions remain unchanged . MECP 1326 09 14 Includes copyrighted material of Insurance Services Office , Inc. , Page 1 of 1 with its permission . POLICY NUMBER : MKLV2XPR000583 MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. MINIMUM EARNED PREMIUM AMENDMENT ENDORSEMENT The following modifies all coverage forms and coverage pads attached to this policy . If this insurance policy is canceled at your request , there will be a Minimum Earned Premium retained by us of $31 , 177 or 25 % ( percent) of the premium , whichever is the greater. Cancellation for nonpayment of premium is considered a request by the first Named Insured for cancellation of this policy . All other terms and conditions remain unchanged . MEIL 1211 06 10 Page 1 of 1 MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. TRADE OR ECONOMIC SANCTIONS The following is added to this policy : Trade Or Economic Sanctions This insurance does not provide any coverage , and we (the Company) shall not make payment of any claim or provide any benefit hereunder, to the extent that the provision of such coverage , payment of such claim or provision of such benefit would expose us (the Company) to a violation of any applicable trade or economic sanctions , laws or regulations , including but not limited to , those administered and enforced by the United States Treasury Department 's Office of Foreign Assets Control (OFAC) . All other terms and conditions remain unchanged . MIL 1214 09 17 Page 1 of 1 Coverage Summary 1 . This policy covers Blanket Real , Personal Property, Contractors Equipment, Fine Arts, Glass , Valuable Papers , Data Processing Equipment and Media , Business Interruption (Business Income) Extra Expense, Builders Risks and Installations, Transit, and Vehicle Damage . 2 . LIMIT OF LIABILITY The insurer(s) shall not be liable hereunder in any one loss , casualty or disaster for more than $ 100 ,000 ,000 Per Occurrence . For sublimits refer to Insuring Agreement, paragraph III . Insuring Agreement I . NAMED OF INSURED It is agreed that the unqualified word " Insured" wherever used in this insurance includes not only the Named Insured but also any official , trustee or employee of the Named Insured while acting within the scope of his duties as such , and any person , organization , trustees or estate to whom the Named Insured is obligated by virtue of written contract or agreement to provide insurance such as is offered by this Insurance , but only in respect to operations by or on behalf of the Named Insured . II . TERRITORY Coverage applies to property located within the 50 states comprising the United States of America and the District of Columbia . III . ULTIMATE NET LOSS In calculating the amount of Ultimate Net Loss, this insurance is deemed to have the following maximum sublimits : A . $ 50 , 000 , 000 In the aggregate annually as respects Earthquake Loss B . $ 5,000,000 In the aggregate as respects any Flood loss in Zones A, AO, AE, AH, A1 -30, A99, AR C . $ 50 , 000 , 000 In the Aggregate as respects all other Flood loss D . $ 50 , 000 , 000 In the aggregate annually for all Flood losses combined E . $ 25, 000, 000 Newly Acquired Property — 90 Days from the date of acquisition ; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition F $ 250 , 000 Accounts Receivable G . $ 5 , 000 , 000 Builders' Risks , Renovations, Repairs made by the Insured at any location (including new locations with total contract cost under $5 ,000 ,000) within the territorial limits of the policy, any one occurrence. Any Builders' Risks , Renovations , Repairs with total contract costs over $5 ,000, 000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 1 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 H . $ 1 , 000 , 000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; $50, 000 Unscheduled Locations I . $ 500, 000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity J . $ 250, 000 Civil Authority — 4 Weeks Maximum K. $ 250, 000 Ingress/Egress — 4 Weeks Maximum L. $ 2 , 500 , 000 Unnamed Location , Any One Occurrence M . $ 100, 00 Personal Property of Employees at a described Location N . $ 50 ,000 Personal Property of Others while on the Insured's property O . $ 10 , 000 , 000 Ordinance or Law P . $ 10 , 000 , 000 Extra Expense Q . $ 1 , 000 , 000 Expediting Expense R. $ 1 , 000 , 000 Property in Transit S . $ 10 , 000 , 000 Contractors ' Equipment subject to maximum $ 1 , 500 , 000 per item T. $ 5 , 000 , 000 Fine Arts subject to maximum $500 ,000 per item U . $ 1 , 000 , 000 Fire Fighting Materials V. $ 250, 000 Furs, Jewelry, Precious Stones and Metals not used for industrial purposes W. $ 250, 000 Loss Adjustment Expenses/Professional Services X . $ 10 , 000 , 000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation Y. $ 1 , 000 , 000 Errors or Omissions Z. $ 1 , 000 , 000 Vehicle Physical Damage — Over the Road AA. $ 25 ,000 in the Annual Aggregate Pollution Clean Up and Removal , each County listed as a Named Insured subject to a $ 1 ,500 ,000 Annual Aggregate for all members BB . $ 100, 000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement CC . $ 100, 000 Trees and Shrubs DD . $ 10, 000 , 000 Valuable Papers Policy Deductible : Each claim for loss or damage separately occurring shall be adjusted separately and from each adjusted claim , the amount of $ 150 ,000 shall be deducted . Notwithstanding the foregoing , the deductible amount applying to certain peril(s) insured against by this policy shall be as follows . If two or more deductible amounts provided in this Policy apply to a single Occurrence , the total to be deducted shall not exceed the largest deductible applicable unless otherwise stated in this Policy. Name of Insured : Colorado Counties Casualty and Property Pool Page 2 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Flood Deductible : $ 150 ,000 Per Occurrence except as noted below: Flood Zone A: 2% per building or structure of the sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy; Minimum $ 1 ,000 ,000 Per Occurrence as respects locations wholly or partially within Special Flood Hazard Areas (SFHA), areas of 100-year flooding , as defined by the Federal Emergency Management Agency ( FEMA). Wind/Hail Deductible: 2% per building or structure of the Sum of all values listed in the most recent Schedule of Values on file with the Company for each separately identifiable building or structure that has sustained a loss or damage and for which a claim is being made under this policy subject to a minimum deductible of $ 1 ,000 ,000 Per Occurrence . Earthquake Deductible : $ 150 ,000 Per Occurrence Service Interruption Deductible : 24 Hours IV. SERVICE ORGANIZATION This Insurance is issued to the Insured on the express condition that the Insured undertakes to utilize at all times the services of County Technical Services , Inc. Claims Management Department. This Service Organization shall perform the following duties : A. Discharge the Insured's obligation under the terms of this agreement by administering a complete claims handling program . B . Maintain accurate records of all reported claims and details incident to loss and expense payments. C . Furnish monthly claims records on an approved form . The acceptance of these services shall be a condition precedent to any liability, which may attach to the Company in accordance with the terms and conditions of this Insurance. Property Insurance AGREEMENT A — BUILDING ANDPERSONAL PROPERTY: Company agrees, subject to the limitations, terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to all Real or Personal Property of every kind and description , wherever located , occurring during the period of this Insurance . AGREEMENT B — VEHICLE PHYSICAL DAMAGE —while on premises (excluding over the Road ): Company agree , subject to the limitations, terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss while on premises (excluding over the road ) AGREEMENT C — VEHICLE PHYSICAL DAMAGE —while over the road : Company agree , subject to the limitations , terms and conditions of this Insurance , to indemnify the Insured for risks of direct physical loss or damage to Vehicles owned by the Insured or on which the Insured has an obligation to provide adequate insurance , against Risks of Direct Physical Loss, including Collision of the Automobile with another object. Name of Insured : Colorado Counties Casualty and Property Pool Page 3 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Definitions/Provisions 1 . PROPERTY OF THE INSURED : The term "Insured's Property" shall mean all Real and Personal Property, including leasehold improvements or betterments which the Insured owns , property which the Insured holds on consignments or agrees to insure by any contractual agreement normal to its operations. 2 . VEHICLE : The term "VEHICLE" shall mean any motor vehicle , trailer or semi-trailer, including its equipment and any other equipment permanently attached thereto . The word "Trailer" shall include semi-trailer. 3 . ULTIMATE NET LOSS : The words "Ultimate Net Loss" in respect of this section shall be understood to mean the loss sustained by the Insured after making deductions for all recoveries and salvages. 4 . VALUABLE PAPERS : The term "Valuable Papers" shall mean written , printed or otherwise inscribed documents and records , including books , maps, film , drawings , abstracts, deeds, mortgages and manuscripts , but does not mean money and securities, but includes additional costs to research or restore damaged documents , drawings or records . 5 . ACCOUNTS RECEIVABLE : The term "Accounts receivable" shall mean : a . All sums due the Insured from customers provided the Insured is unable to effect collections thereof as the result of covered loss or damage to records of accounts receivable ; b . Interest charges on any loan to offset impaired collections pending repayment of such sums made uncollectible by such loss or damage: c. Collection expense in excess of normal collection caused and made necessary because of such loss or damage ; d . Other expenses when reasonably incurred by the Insured in re-establishing records of accounts receivable following such loss and I or damage . The following Special exclusions apply to Accounts Receivable Coverage ; this policy does not insure against: 1 ) Loss due to bookkeeping , accounting or billing errors or omissions ; 2 ) Loss , the proof of which as to factual existence , is dependent upon an audit of records or an inventory computation , but this shall not preclude the use of such procedures in support of claim for loss which the insured can prove , through evidence wholly apart therefrom , is due solely to a risk of loss to records of accounts receivable not otherwise excluded hereunder; 3) Loss due to alteration , falsification , manipulation , concealment, destruction or disposal of records of accounts receivable 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 of money, securities or other property but only to the extent of such wrongful giving , taking , obtaining or withholding . 6 . OCCURRENCE : "Occurrence" means all covered loss , damage , or a sequence of losses or damage , casualties or disasters , arising from a single event or catastrophe . So far as loss involving in whole or in part, the perils of wind , (including hurricanes, tornadoes , and cyclones) , snow, rain , or hail is concerned a single event shall mean one single atmospheric disturbance during a continuous period of seventy-two (72 ) hours (not limited by the date on which coverage under this policy ceases ). 7 . BUILDERS RISK This policy cover projects in the course of construction at a covered location , other than an Unscheduled Location , within the policy TERRITORY as defined in Section II above , subject to the "total project value" not exceeding the Sublimit shown in Section III ULTIMATE NET LOSS above . Alteration , addition , extension , repairs and/or remodeling projects are included under this extension . Any builders' risks , renovations, repairs with total contract costs over $ 5, 000, 000 are not covered under this extension . Name of Insured : Colorado Counties Casualty and Property Pool Page 4 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 As respects locations other than insured locations , coverage under this extension shall commence when the Insured first acquires an insurable interest at the location and shall cease sixty (60) days from the date of such acquisition , or when reported to and accepted by the Company, on the expiration date of this policy, whichever occurs first. No coverage is provided under this property in this extension for property while in transit or while waterborne . The term "total project value" shall mean the cost of all labor, materials , equipment, machinery, or supplies intended to be a permanent part of the completed buildings(s) or structure(s) and in which the Insured has an insurable interest at the time of the loss or damage . 8 . ERRORS AND OMISSIONS The term Errors and Omissions covers direct physical loss or damage at Locations within the Coverage Territory that are owned , leased or operated by the Insured , if such loss or damage is not payable under the Policy solely due to : a . Any error or unintentional omission in the description of the address of the property whether made at the inception of the policy period or subsequent thereto ; or b . Failure through any error or unintentional omission to : i . Include any Location of the Insured at the inception of the Policy; or ii . Report any newly acquired Location before the period of automatic coverage provided under the policy for Newly Acquired Property extension expires . This policy covers such direct physical loss or damage , to the extent it would have provided coverage had the error or unintentional omission had not been made . It is a condition of this coverage that any error or unintentional omission be reported by the Insured to the Company when discovered and corrected . The Company may charge an additional premium based on the proper values reported after the correction has been made to the schedule of values/locations . There is no coverage under this Paragraph for loss or damage which is covered under Newly Acquired or Unnamed Locations provisions of this Policy. Excluded Perils With regard to all Property, this insurance does not insure against: 1 . Loss by moth , vermin , termites or other insects ; wear, tear or gradual deterioration ; rust, wet or dry rot, or mold . 2 . Loss resulting from loss of use , delay or loss of markets. 3 . Breakdown of machinery and/or boiler explosion but not excluding loss resulting therefrom . This exclusion shall not apply as respects to EDP equipment and media. 4 . Loss resulting from dampness of atmosphere or variation in temperature unless caused by the perils of fire , explosion , windstorm , hail , riot, civil commotion , and impact by aircraft or vehicles. This exclusion shall not be deemed to exclude loss resulting from freezing . 5 . Loss of electrical appliances or devices of any kind , including wiring , arising from electrical injury or disturbance to the said electrical appliances or devices or wiring from artificial causes unless fire or explosion ensues , and then only for direct loss or damage caused by fire or explosion . 6 . Loss by normal settling , normal shrinkage or normal expansion in foundations, walls , floors or ceilings. 7 . Loss by mechanical derangement, error in design , inherent vice or latent defect. Name of Insured : Colorado Counties Casualty and Property Pool Page 5 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 8 . Loss resulting from processing or faulty workmanship , unless fire and/or explosion ensues , and then only for direct loss or damage caused by such ensuing fire or explosion . 9 . Loss resulting from shrinkage , evaporation , loss of weight or leakage, unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike , riot or civil commotion , aircraft, vehicles, breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 10 . Inventory shortage , mysterious disappearances or loss resulting from any kind of infidelity or dishonesty on the part of the Insured or any of his employees . Excluded Property 1 . Animals ; 2 . Aircraft 3 . Standing timber, growing crops, land and land values ; 4 . Currency, money, notes, and securities ; 5 . Bridges , culverts , roadways , streets, walks , or paved surfaces , dams, docks , piers and Wharves ; 6. Water; 7 . Tunnels used for vehicular traffic; underground mines and property therein . The following property not at a Covered Location : 1 . Underground piping , wiring , flues or drains ; 2 . Reservoirs , transmission and distribution lines , telephone and power poles and appurtenants, street and highway lighting and signs . The following property not part of museum collections and/or exhibits at a Covered Location : 1 . Furs; jewelry; precious and semi-precious stones , gold , silver, platinum and other precious metals and alloys . Conditions 1 . REPORTING REQUIREMENTS A. NEWLY ACQUIRED PROPERTY: The Company will charge the appropriate premium for adding Property to the policy. Property must be reported the Carrier within 90 days of acquisition or coverage ceases . For Property with values over $5 , 000 , 000 the Company will charge an additional premium . For Property with values under $5 ,000 ,000 , the Company is to be notified of the newly acquired Property and any additional premium will be waived . The Insured is required to include the new Property and/or Location on the Statement of Values . B . MEMBERSHIP RECONCILIATION REPORT FOR UDPATED STATEMENT OF VALUES : The Insured will provide the Company a Membership Reconciliation Report updating the Statement of Values for 100% of values by Member and Location (s) by March 1st of each policy year. The report shall incorporate any changes to the insured Locations including new buildings , new locations and/or deleted buildings and/or Locations. Name of Insured : Colorado Counties Casualty and Property Pool Page 6 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 2 . VALUATION . The Company shall not be liable for loss or damage in excess of. A. Real and Personal Property - the cost to repair, rebuild or replace the destroyed or damaged property in a condition equal to but not superior to or more extensive than its condition when new. If the Insured decides to replace destroyed or damaged property on another site , cost of such site is not included hereunder. It is a requirement that if the Insured does not repair, replace or rebuild the property within two years from the date of loss , this property shall be valued at actual cash value . B . Automobile - the actual cash value of the automobile at the time of loss . C . Contractors Equipment — the actual cash value of the equipment at the time of loss . 3 . REMOVAL CLAUSE . This Insurance covered the expense and damage occasioned by removal from the premises endangered by the perils insured against wherever such Property is located or removed for preservation . 4 . ARCHITECTS FEES . This Insurance covers the additional assessment involving architects' fees for consultations arising from losses resulting from an insured peril . Fees are limited to seven (7%) percent of replacement cost. 5 . APPRAISAL. In the event the Insured and Company are unable to agree as to the amount necessary to rebuild , repair or replace the damaged or destroyed property or the actual amount of reimbursement to be paid , each party shall name a competent and disinterested umpire . The appraisers together shall obtain reconstruction estimates, and calculate the amounts of reimbursement due, and failing to agree , shall submit their differences to the umpire. The award , in writing , duly verified by any two shall determine the point in question . Both parties shall pay the cost of their own appraiser and equally pro rate the cost of the umpire . 6 . CIVIL AUTHORITY CLAUSE . Notwithstanding anything contained in this Insurance , property which is insured under this Insurance is also covered against the risk of damage or destruction by civil authority during a conflagration and for the purpose of retarding the same ; provided that neither such conflagration nor such damage or destruction is caused or contributed to by war, invasion , revolution , rebellion , insurrection or other hostilities or warlike operations . 7 . ORDINANCE DEFICIENCY CLAUSE . Notwithstanding anything contained herein to the contrary, the Company shall be liable also for the loss occasioned by the enforcement of any state or municipal law, ordinance or code , which necessitates , in repairing or rebuilding , replacement of material to meet the minimum requirements of such law, ordinance or code . If demolition is required to comply with such enforcement, Company shall also be liable for such additional costs . General Conditions 1 . PREMIUM PROVISION See Declarations Page . 2 . SALVAGE AND RECOVERY CLAUSE All Salvages , recoveries and payments recovered or received subsequent to a loss settlement under this Insurance shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto . 3 . INSPECTIONS , AUDIT AND VERIFICATION OF VALUES The Company or their duly authorized representatives shall be permitted at all reasonable times during continuance of this Insurance to inspect the premises used by the Insured and to examine the Insured's books or records so far as they relate to coverage afforded by this Insurance. Name of Insured : Colorado Counties Casualty and Property Pool Page 7 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 4. RECORDS It is hereby understood and agreed that the records and books as kept by the Insured shall be acceptable to Company in determining the amount of loss or damage covered hereunder. 5. DUE DILIGENCE CLAUSE The Insured shall use due diligence and do and concur in doing all things reasonably practicable to avoid or diminish any loss of or damage to the property herein insured . 6. CURRENCY The premium and losses under this Insurance are payable in United States currency. Payment of premium shall be made to Arthur J. Gallagher Risk Management Services, Inc. 7 . BANKRUPTCY AND INSOLVENCY In the event of the bankruptcy or insolvency of the Insured or any entity comprising the Insured , the Company shall not be relieved of the payment of any claims hereunder because of such bankruptcy or insolvency. 8. OTHER INSURANCE If the Insured has other Insurance against loss covered by this Insurance the Company shall be liable , under the terms of this Insurance , only as excess of coverage provided by such other Insurance and no monies payable or collectable from such other insurance shall accrue in the aggregate loss fund of this Insurance . 9. MORTGAGE CLAUSE The interest of any mortgagor on property covered hereunder is included as if a separate endorsement were attached hereto to the extent of the amount of mortgage as of the date of loss subject to the limits of liability set forth in this Insurance . 10. CLAIMS The Insured shall as soon as practicable notify the Company through County Technical Services, Inc. Claims Management Department of any Occurrence , the cost of which is likely to result in payment by the Company under this Insurance . The Company shall have the opportunity to be associated with the Insured in defense of any claims, suits, or proceedings relative to an Occurrence ; wherein , the opinion of the Company, their liability under this Insurance is likely to be involved , in which case the Insured and Underwriters shall cooperate to the mutual advantage of both . 11 . NOTICE OF LOSS The Insured through County Technical Services, Inc. Claims Management Department shall as soon as practicable report to this Company or its agent every loss or damage which may become a claim under this Policy and shall also file with the Company or its agents within ninety (90) days from date of loss a detailed sworn proof of loss. Failure by the Insured or County Technical Services , Inc. to report the said loss or damage and to file such proof of loss as required herein shall not invalidate any claim under this Policy for such loss except if and to the extent that the Company can prove that it was actually prejudiced by any unreasonable delay in reporting loss or damage . 12. EXAM INIATION UNDER OATH The Insured shall submit, and so far as is within his/her or their power shall cause all other persons interested in the property and members of the household and employees to submit, to examinations under oath by any persons named by the Company, relative to any and all matters in connection with a claim and subscribe the same and shall produce for examination all books of account, bills, invoices and other vouchers or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the Company or its representatives and shall permit extracts and copies thereof to be made. Name of Insured : Colorado Counties Casualty and Property Pool Page 8 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 13 . SETTLEMENT OF LOSS All adjusted claims shall be paid or made good to the Insured through County Technical Services, Inc. within sixty (60) days after presentation and acceptance of satisfactory proof if interest and loss at the office of this Company. No loss shall be paid hereunder if the Insured has collected the same from others. 14 . LOSS PAYMENTS When it has been determined that Company are liable under this Insurance , Company shall thereafter promptly reimburse County Technical Services, Inc. for all payments made in excess of the amounted . stated in the Limits Agreement. All adjusted claims shall be paid or made good within thirty (30) days after their presentation by County Technical Services , Inc. Claims Management Department and acceptance by the Company of satisfactory proof of interest and loss. 15 . NO BENEFIT TO BAILEE This insurance shall in no wise inure directly or indirectly to the benefit of any carrier or other bailee. 16 . LITIGATION PROCEEDINGS No suit to recover on account of loss under this insurance shall be brought until ninety days after the proof of loss shall have been furnished , nor at all unless commenced within twenty seven months from the date upon which loss occurred , if such loss is within the knowledge of the Insured ; if not, the twenty-seven months shall begin upon notice to the Insured to such loss or claim 17 . SUBROGATION The Company shall be subrogated to all rights which the Insured may have against any person or other entity in respect to any claim or payment made under this Insurance , and the Insured shall execute all papers required by the Company and shall cooperate with the Company to secure Underwriter's rights . IN case any reimbursement obtained or recovery made by the Insured or the Company on account of any loss covered by this Insurance , the net amount of such reimbursement or recovery, after deducting the actual cost of obtaining or making the same , shall be first applied in the following order: a . Amount of loss which exceeds the applicable limit of liability. b . To reduce the Company' loss until the Company are fully reimbursed . c. To reduce the Insured's loss because of the application of the aggregate loss fund . 18 . WAIVER OF SUBROGATION This Insurance shall not be invalidated if the Insured by written agreement has waived or shall waive its right of recovery from any party for loss or damage covered hereunder; provided , that any such waiver is made prior to the occurrence of said loss or damage . 19 . CONFLICTING STATUTES In the event that any provision of this Insurance is unenforceable by the Insured under the laws of any state or other jurisdiction wherein it is claimed that the Insured is liable for any injury covered hereby because of non-compliance with any statute thereof, then this policy shall be enforceable for the Insured with the same effect as if it complied with such statues. Name of Insured : Colorado Counties Casualty and Property Pool Page 9 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 20. ASSIGNMENT Assignment of interest under this Insurance shall not bind the Company until the Company' consent is endorsed hereon . 21 . PAIR, SET OR PARTS It is understood and agreed that, in the event of loss of or damage to any article or articles which are part of a set, the measure of loss of or damage to such article shall be a reasonable and fair proportion of the total value of the set, giving consideration to the importance of said article or articles ; but in no event shall such loss or damage be construed to mean total loss of set. In case of loss or injury to any part of the insured property consisting , when complete for sale or use , of several parts, this Company shall only be liable for the insured value of the part lost or damaged . 22. PROTECTION AND PRESERVATION OF PROPERTY In case of actual or imminent physical loss or damage of the type insured against by this policy, the expenses incurred by the insured in taking reasonable and necessary actions for the temporary protection and preservation of property insured hereunder shall be covered by this policy. The Underwriters' proportion of such expenses shall be limited to the extent they were incurred with the intent to reduce loss or damage which could otherwise have been payable under this policy. Any recovery hereunder shall be subject to the applicable deductible and shall be included in and not additional to the limit of this policy. 23. SUIT No suit, action or proceeding for the recovery of any claim under the Policy shall be sustainable in any court of law or equity unless the same is commenced within twelve ( 12) months after discovery by the Insured of the occurrence which gives rise to the claim . Provided , however, that if by the laws of the State within which this Policy is issued such limitation is invalid , then any such claims shall be void unless such action , suit or proceeding be commenced within the shortest limit of time permitted by the laws of such State to be fixed herein . 24. APPRAISAL If the insured and the Company fail to agree as to the amount of loss , each shall , on the written demand of either, made within sixty days after receipt of proof of loss by the Company, select a competent and disinterested appraiser, and the appraisal shall be made at a reasonable time and place. The appraisers shall first select a competent and disinterested umpire , and failing for fifteen days to agree upon such umpire , then , on the request of the Insured or the Company, such umpire shall be selected by a judge a court of record in the state in which such appraisal is pending . The appraisers shall then appraise ht the loss, stating separately the actual cash value at the time of loss and the amount of loss, and failing to agree shall submit the differences to the umpire . An award in writing of any two shall determine the amount of toss. The Insured and the Company shall each pay his/her or its chosen appraiser and shall bear equally the other expenses of the appraisal and umpire. The Company shall not be held to have waived any of its rights by any act relating to the appraisal. 25. CANCELLATION This Policy may be cancelled by the Insured by mailing to the Company written notice stating when thereafter such cancellation shall be effective. This Policy may be canceled by the Company by mailing to the Insured at the address shown in this Policy or last known address written notice stating when no fewer than (90) ninety days ( 10 days for nonpayment of premium ) thereafter such cancellation shall be effective. The mailing of notice as aforesaid shall be sufficient proof of notice , and the effective date of cancellation stated in the notice shall become the end of the policy period . Delivery of such written notice either by the Insured or by the Company shall be equivalent to mailing . If this insurance shall be cancelled by the Insured , the Company shall retain the customary short rate proportion of the premium hereon , except that if this Insurance is on a adjustable basis the Company shall receive the earned premium hereon or the customary short rate proportion of any minimum premium stipulated herein whichever is greater. If this Insurance shall be cancelled by or on behalf of the Company, the Company shall retain the pro rata proportion of the premium hereon ; except that if this insurance is on an adjustable basis , the Company shall receive the earned premium hereon or the pro rata proportion of any minimum premium stipulated herein whichever is the greater. Name of Insured : Colorado Counties Casualty and Property Pool Page 10 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Payment or tender of any unearned premium by the Company shall not be a condition precedent to the effectiveness of Cancellation by such payment shall be made as soon as practicable . If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. Subject otherwise to all terms , clauses and conditions heretofore . 26. CHANGES By acceptance of this Insurance , the Insured agrees that it embodies all agreements existing between the Insured and Company or any of its agents relating to this Insurance . None of the provisions , conditions or other terms of this Insurance shall be waived or altered except by endorsement; nor shall notice to any agent or knowledge possessed by any agent or by any other person be held to effect a waiver or change in any part of this insurance . 27. FRAUDULENT CLAIMS If the Insured shall make any claim knowing the same to be false or fraudulent, as regards amount or otherwise , this Insurance shall become void and all claim hereunder shall be forfeited . 28. MISREPRESENTATION OR FRAUD This policy shall be void if the Insured has concealed or misrepresented any material fact or circumstances concerning this insurance or the subject thereof in case of any fraud , attempted fraud or false swearing by the insured touching any matter relating to this insurance or subject thereof, before or after loss . Earth Movement Coverage Earth Movement means : • Any earth movement, other than sinkhole collapse , such as earthquake , landslide, mine subsidence or earth sinking , rising or shifting including that caused by subsidence , settling , contraction , or expansion of soils. • Eruption , explosion , or effusion of a volcano other than volcanic action . If more than one earth movement or volcanic eruption occurs within any 72 hour period , we'll consider this one occurrence . The 72 hour period will not be shortened by the expiration of the policy. The limit shown in the Coverage Agreement Section under Ultimate Net Loss for earthquake is the most this Company will pay for all direct loss or damage caused by a single Earth Movement. Flood Coverage Flood , mudslide or mudflow, and surface water are covered perils . Flood means waves , tides or tidal water, the rising of bodies of water and streams , or the overflowing or breaking of their boundaries , whether driven by wind or not. Surface water means water which accumulates or flows on the surface of the ground , and is created by natural causes such as rain , melted snow, or rising springs , but which follows no defined watercourse and does not gather into or from a natural body of water. The Company is not liable for more than the limits shown in the Coverage Agreement, Ultimate Net Loss section of the Policy. . Name of Insured : Colorado Counties Casualty and Property Pool Page 11 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Transit Extension Insuring Clause This insurance is hereby extended to cover Personal property of the Insured or property held by the Insured in trust or on commission or on consignment for which the insured may be held legally liable while in due course of transit within the limits of the Continental the 50 states comprising the United States of America (excluding Hawaii ) and the District of Columbia, against All Risks of Direct Physical Loss or Damage to the property insured occurring during the period of this policy (including general average and salvage charges on shipments covered while waterborne ). Perils Excluded This extension does not insure against: 1 . Loss or damage to personal property resulting from : shrinkage , evaporation , loss of weight, leakage of glass or other fragile articles , marring , scratching , exposure to light, or change in color, texture or flavor, unless such loss is caused directly by fire or the combating thereof, lightening , windstorm , hail , explosion , strike , riot or civil commotion , aircraft, vehicles, breakage of pipes or apparatus , sprinkler leakage , vandalism and malicious mischief, theft or attempted theft. 2 . Loss of use , delay or loss of markets . 3 . Loss or damage caused by or resulting from moth , vermin , termites , or other insects, inherent vice , latent defect, wear, tear or gradual deterioration ; contamination ; rust, wet or dry rot, mold , dampness of atmosphere , smog or extremes of temperature . 4 . Loss or damage caused by or resulting from misappropriation , conversion , infidelity or any dishonest act on the part of the Insured or other party of interest, his or their employees or agents to others whom the property may be delivered or entrusted (carriers for hire excepted) . 5 . Loss or damage to the property insured occasioned by war, invasion , hostilities acts of foreign enemies, civil war, rebellion , insurrection , military or usurped power or martial law or confiscation by order of any government or public authority. 6. Loss or damage arising directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination however such nuclear reaction , nuclear radiation or radioactive contamination may have been caused . Nevertheless, if a fire arises directly or indirectly from nuclear reaction , nuclear radiation or radioactive contamination , any loss or damage arising directly from that fire shall (subject to the provisions of this policy) be covered excluding , however, all loss or damage caused by nuclear reaction , nuclear radiation or radioactive contamination arising directly or indirectly from that fire. 7 . Loss or damage caused by breakdown or derangement of refrigerating units. Property Excluded This extension does not cover: 1 . Aircraft, watercraft, vehicles designed for highway use, animals, jewelry, precious stones and furs or garments trimmed with fur. 2 . Currency, money, notes, securities , deeds , and evidences of debt 3 . Property in due course of ocean marine transit. 4 . Shipments by mail after delivery into the custody of the Post Office Department. 5 . Samples while in the care , custody or control of salesmen . Name of Insured : Colorado Counties Casualty and Property Pool Page 12 of 14 Policy Term: January 1 , 2022 to January 1 , 2023 Conditions 1 . The Insured may accept without prejudice to this insurance the ordinary bills of lading or receipts issued by carriers including those containing released and/or partially released value provisions , but the Insured shall not enter into any special agreements with carriers releasing them from their common law or statutory liability. 2 . Property insured hereunder shall be valued as follows: a . Sold property at the actual net invoice price of the Insured . b . Unsold property at the actual cash value of the property at the time any loss or damage occurs with property deduction for depreciation and in no event to exceed what it would cost to repair or replace the property with material of like kind and quality. Extra Expense Coverage It is agreed that if the property covered under Insuring Agreement A is damaged or destroyed by perils insured against during the period of this Insurance so as to necessitate the incurrence of Extra Expense (as defined below) the Company shall be liable for the Extra Expense so incurred , not exceeding the actual loss sustained , for not exceeding such length of time , hereinafter referred to as the "period of restoration" . It is further agreed that this extension of coverage shall not operate to increase the Company limits of liability hereunder. Definitions : A. Extra Expense : The term "Extra Expense" means the excess (if any) of the total cost incurred during the period of restoration chargeable to the operation of the Insured's business , over and above the total cost that would normally have been incurred to conduct the business during the same period had no damage or destruction occurred . B. Normal : The term "normal" wherever used herein shall mean ; the condition that would have existed had no loss occurred . C . Period of Restoration : The term "Period of Restoration" means such length of time commencing with the date of damage and not limited by the date of expiration of this policy, as would be required with the exercise of due diligence and dispatch to repair, rebuild or replace such part of the Insured's property as has been damaged or destroyed . Conditions : A. Resumption of Operations : It is a condition of this Insurance that as soon as practicable , the Insured shall resume normal operations of the business and shall dispense with such extra expense . B. Interruption by Civil Authority : Liability hereunder is extended to include actual loss as covered hereunder, sustained during the period of time , not exceeding two weeks, when as a direct result of physical loss or damage by a peril insured against within one mile of the insured premises , access to the premises in which the property described is located is prohibited by order of civil authority. Exclusions : In addition to the General Exclusions of this Insurance, Company shall not be liable for Extra Expense resulting from : A. The suspension , lapse or cancellation of any lease, license , contract or order beyond the period of restoration ; B . Interference at premises by strikers or other persons with rebuilding , repairing or replacing the property damages or destroyed or with the resumption or continuation of business ; C. Enforcement of any local or state ordinance or law regulating construction , repair or demolition of buildings or structures ; Name of Insured : Colorado Counties Casualty and Property Pool Page 13 of 14 Policy Term: January 1 , 2021 to January 1 , 2022 Further, the Company shall not be liable for: A. More than the amount set forth in the limits of liability; B . Loss of income; C. The cost of repairing or replacing any of the real or personal property covered hereunder, or the cost of research or other expense necessary to replace or restore damage or destroyed books of account, abstracts , drawings , card index systems or other records (including film , tape , disc, drum , cell or other magnetic recording or storage media for electronic data processing ) , that have been damaged or destroyed by the perils insured against, except cost in excess of the normal cost of such repair, replacement or restoration necessarily incurred for the purpose of reducing loss under this policy. In no event shall such excess cost exceed the amount by which the total extra expense loss otherwise payable under this policy is thereby reduced . D . Loss resulting from theft of any property which at the time of loss is not an integral part of a building or structure (except direct loss by pillage and looting occurring during and at the immediate place of a riot or civil commotion ), unless loss by a peril not excluded in this policy ensues from theft or attempted theft, and then the Company shall be liable for only such ensuing loss ; E . Any other consequential or remote loss . Pollution Cleanup and Removal Notwithstanding any conditions or terms contained elsewhere in this policy, coverage is extended to cover the cost to clean up and remove pollutants that are : 1 . In the land or water at an insured location provided the discharge , seepage , migration , release , escape or dispersal is a direct result of physical loss or damage by fire, lightning , explosion , windstorm , hail , leakage from fire protection equipment, smoke , vehicles and aircraft, riot, civil commotion , vandalism , sinkhole collapse , volcanic action , falling objects , weight of snow, ice or sleet, or water damage. For example : a fire damage at an insured location causes chemicals to run onto the ground and into a nearby river. This policy will pay to clean up the pollution that is in the land and water at the insured premises up to the limit of liability of this extension . This policy will not pay to clean up land or water away from an insured premises; 2 . In the land or water away from an insured premises but only when pollution or contamination is caused by the collision , upset or overturn of a transporting vehicle which is owned , operated , rented , leased or borrowed by the Insured . Coverage is provided under the extension only if the following conditions are met: A. The cause of loss occurs during the policy period ; B . The pollution must occur at an insured location except as provided for in clause 2 . above . C . The clean-up and removal costs must be incurred and reported to the company within one hundred ( 180) days of either the date of direct physical loss or damage or the end of the policy period , whichever is earlier. Liability for loss under this extension shall not exceed $25 ,000 in any one occurrence or $25, 000 in the aggregate for all such losses in any one policy year. However, these limits will apply separately to each County member listed as a Named Insured except $ 1 , 500, 000 Aggregate applies to all County members. Name of Insured : Colorado Counties Casualty and Property Pool Page 14 of 14 Policy Term: January 1 , 2021 to January 1 , 2022 ENDORSEMENT A EXCESS CLAUSE 1 . EXCESS CLAUSE A. Coverage hereunder shall not apply until the amount of loss, damage or expense arising out of any one occurrence exceeds SEE ATTACHMENT CLAUSE plus the applicable portion of the primary policy deductible as set forth herein and any waiting period attributable to the perils and/or property and/or coverages insured hereunder. The amount of the applicable portion of the primary deductible referred to above shall be determined by the proportion that the amount of loss attributable to the perils and/or property and/or coverages insured against under this policy (without application of the excess provision ) bears to the total amount of loss multiplied by the amount of the applicable primary deductibles . In the event that the total amount of loss, damage , or expense attributable to the perils and/or property and/or coverage insured under the underlying insurance exceeds that amount at which this policy would normally attach , but due to the application of sublimits in the underlying policy(ies), the total loss , damage and expense payable by the underlying policy(ies) does not fully exhaust the underlying policy(ies) limit, then this policy shall drop down and be liable for the loss as covered under this policy in excess of the amount paid by the underlying policy(ies) . B . In determining the amount of any loss , damage , or expense for which this policy is excess , the total loss for all coverages caused by any combination of perils, one or more of which is insured against under the primary policy, shall be used even though all such perils or coverages are not insured against under this excess policy. ( 1 ) Any recoveries made under the primary policy shall be considered as first applying to those perils and/or property and/or coverages not insured against by this policy. Upon exhaustion of the primary policy limits, this policy shall drop down and be liable for the loss in excess of the amount attributable to the primary policy as respects those perils and/or coverages and/or property insured hereunder subject to the limit of this policy. (2 ) If there is any other excess insurance covering the perils and/or property and/or coverages insured against in the primary policy, but not covered by this policy, this insurance shall then allocate any loss recoveries made under the primary policy in the same proportion as the amount of loss involving the property and/or coverages insured against by this policy bears to the combined total loss . Upon exhaustion of the primary policy limits , this policy shall drop down and be liable for the loss in excess of the amount attributed to the primary policy as respects those perils and/or property and/or coverages covered hereunder subject to the limit of this policy. (3) Paragraph two shall not apply, however, when the amount of loss attributed to the perils insured under the primary policy, but not covered under this policy, exceed the total amount of insurance provided by the primary and excess coverages with respect to said perils . In this situation any recoveries made under the primary policy shall first apply to those perils not insured by this policy. Upon exhaustion of the primary limits, this policy shall drop down and be liable for loss in excess of the amount attributed to the primary policy as respects those perils covered hereunder subject to the limit of this policy. (4) In the event the Insured is a contributing or self-insurer with respect to the perils and/or property and/or coverages otherwise insured in any underlying insurance and no policy is issued to define the extent of this contributing or self insurance , for the purposes of this Excess Clause , the Insured's contributing or self-insurance shall be deemed to be the same as either: (a) all other contributing insurance participating in the Insured's layer(s); or (b) all other contributing insurance participating in the layer below the Insured's layer where the Insured is entirely self insuring the layer. If the coverage provided by the policy(s) of the other contributing insurance company(s) is non- concurrent, then the contributing or self insurance provided by the Insured within the layer in question shall be deemed to be the same as the coverage provided by that contributing insurance company whose policy provides the least indemnity for the loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 C. In the event the annual aggregate limits provided for Flood and/or Earthquake are diminished or exhausted in any one policy year, the coverage provided under this policy shall respond as excess of the remaining limits as respects those perils insured under this policy. In such event, the applicable amount of the deductibles provision of the primary policy as set forth herein shall apply to the combination of all policies. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ENDORSEMENT B NAMED INSURED ENDORSEMENT This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a pad of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : NAMED INSURED ENDORSEMENT It is agreed that the Participating Member Counties named hereunder are included as Named Insureds : 1 Alamosa 26 Las Animas 2 Archuleta 27 Lincoln 3 Baca 28 Logan 4 Bent 29 Mineral 5 Chaffee 30 Moffat 6 Cheyenne 31 Montezuma 7 Clear Creek 32 Montrose 8 Conejos 33 Morgan 9 Crowley 34 Otero 10 Custer 35 Ouray 11 Delta 36 Park 12 Dolores 37 Phillips 13 Elbert 38 Prowers 14 Fremont 39 Pueblo 15 Garfield 40 Rio Blanco 16 Gilpin 41 Rio Grande 17 Grand 42 Routt 18 Gunnison 43 Saguache 19 Hinsdale 44 San Juan 20 Huerfano 45 San Miguel 21 Jackson 46 Sedgwick 22 Kiowa 47 Summit 23 Kit Carson 48 Teller 24 La Plata 49 Washington 25 Lake 50 Yuma ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ENDORSEMENT C JOINT LOSS CLAUSE This endorsement, effective 12 : 01 AM January 1 , 2022 Forms a part of Policy No : Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : It is agreed that the policy to which this endorsement is attached is hereby amended as follows : In the event the Insured suffers a loss of or damage to property at a location designated in this policy and also designated in an Equipment Breakdown Policy, and there is a disagreement between this company and the Equipment Breakdown Insurer with respect to : ( 1 ) whether the loss or damage was caused by an accident insured against by this policy or by a peril insured against by such Boiler insurance policy, or (2 ) the extent of participation of this policy and of such Boiler insurance policy in the loss or damage ; then , after agreement among the Insured , this company and the Equipment Breakdown Insurer as to the total amount of the loss or damage recoverable under both policies , this company will , upon written request of the Insured , pay to the Insured , in addition to that portion of the total recoverable loss or damage for which it admits liability: one-half ( 1 /2 ) of that portion of the total recoverable loss or damage which is in disagreement (but in no event more than the minimum amount remaining payable under either this policy or the Boiler insurance policy after making provision for undisputed payments) provided that the Equipment Breakdown Insurer shall simultaneously pay to the Insured the remaining one-half ( 1 /2 ) of that portion of the total recoverable loss or damage which is in disagreement. Such payment by this company and the acceptance of the same by the Insured signifies the agreement of the company to submit to and proceed with arbitration within 90 days of such payment in order to apportion the amount of total recoverable loss or damage which is in disagreement between this company and the Equipment Breakdown Insurer. The arbitrators shall be three in number, one of whom shall be appointed by this company, and the third appointed by consent of the other two . The decision by the arbitrators shall be binding on the parties . The Insured agrees to cooperate in furnishing information and technical data as may be required by this company in connection with such arbitration or any other method of apportionment upon which this company and the Equipment Breakdown Insurer may decide , but not to intervene therein . Except as otherwise expressly provided herein , this endorsement does not modify or waive any of the terms and conditions of this policy or affect in any way the rights of the Insured or the Company hereunder. This endorsement shall not apply unless the Equipment Breakdown Insurance Policy is similarly endorsed , and it may be cancelled by the Company on 90 days' written notice to the Insured . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 GENERAL AMENDATORY ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COLORADO COUNTIES CASUALTY AND PROPERTY POOL POLICY The following changes are hereby made to the policy, supersede any term , provision or endorsement to the contrary in this policy; and apply notwithstanding such term , provision or endorsement: In the Section entitled Excluded Property, the following are added : 8 . Air supported structures; 9 . Watercraft; io . Evidence of debt; 11. Off-shore drilling rigs or platforms ; 12. Property sold under a conditional sale or trust agreement or under an installment plan after delivery to customers ; 13 . Railroad rolling stock; In the Section titled Excluded Perils , the following are added : 11 . Loss resulting from the actual , alleged or threatened presence , release , discharge , escape or dispersal of " pollutants or contaminants" , all whether direct or indirect, proximate or remote , or in whole or in part caused by, contributed to or aggravated by any physical damage insured by this policy. This exclusion does not apply to : (a) Ensuing loss or damage caused by or resulting from fire ; or (b) Loss or damage caused by or resulting from fire , lightning , aircraft impact, explosion , riot, civil commotion , smoke , vehicle impact, leakage from automatic fire protective systems or windstorm or hail . 12 . Loss resulting from change in color, flavor, texture or finish ; 13 . Indirect or remote loss or damage ; 14 . Loss resulting from insurrection , rebellion , revolution , civil war, usurped power, or action taken by governmental authority in hindering , combating , or defending against such an event; Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Page 1 of 2 15 . Loss resulting from any dishonest or criminal act ( including theft) by the Insured , or any of the Insured 's partners , members , officers , managers, employees (including temporary employees and leased workers) , directors , trustees or authorized representatives , whether acting alone or in collusion with each other or with any other party; or theft by any person to whom you entrust the property for any purpose , whether acting alone or in collusion with any other party. This exclusion : (a) applies whether or not an act occurs during your normal hours of operation ; and (b) does not apply to acts of destruction by your employees (including temporary employees and leased workers) or authorized representatives ; but theft by the Insured 's employees (including temporary employees and leased workers) or authorized representatives is not covered . 16 . Loss resulting from expropriation , seizure , appropriation , nationalization , willful destruction , condemnation , requisition , or sequestration by law, order or administrative action of any government (whether civil , military, or de facto) . This exclusion does not apply to loss or damage caused by or resulting from acts of destruction ordered by any government and done at the time of a fire to prevent its spread , if the fire would be insured under this policy. 17 . Loss resulting from nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination from any cause , all whether direct or indirect, controlled or uncontrolled , proximate or remote , or contributed to or aggravated by a peril insured herein . However, if fire not otherwise excluded results, the Company will be liable for direct physical loss or damage by such resulting fire but not including any loss or damage due to nuclear reaction , nuclear explosion , nuclear radiation , or radioactive contamination . 18 . Loss resulting from hostile or warlike action in time of peace or war, including action in hindering , combating or defending against an actual , impending or expected attack by any: a. governmental or sovereign power (de jure or de facto) ; b. military, naval or air force ; or c. agent or authority of any party specified in sub-paragraphs a . and b . immediately above . Under Insuring Agreement , Section II . TERRITORY is deleted and replaced with the following : Coverage applies to property located within the United States of America , including its territories and possessions. The Company is not liable for more than the limits shown in the coverage summary. All other terms and conditions remain unchanged . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 DEFINITION OF LOSS OCCURRENCE ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following definition is added to this policy; supersedes any other definition , express or implied , of the term " Loss Occurrence" in any term , provision or endorsement to this policy; and applies not withstanding such term , provision or endorsement: 1 . " Loss Occurrence" means the sum of all individual losses arising out of and directly caused by any one disaster, accident or loss or series of disasters , accidents or losses arising out of one event which occurs anywhere within the Coverage Territory . The duration and extent of any one Loss Occurrence will be limited to all individual losses sustained by the Insured occurring during any period of 72 consecutive hours arising out of and directly caused by the same event, except: A. As regards Windstorm (including Tier 1 Counties) , Hail or Tornado , including ensuing collapse and Water Damage : all individual losses sustained by the Insured occurring during any period of 96 consecutive hours arising out of and directly caused by the same event. B . As regards the peril of Flood : all individual losses sustained by the Insured occurring during any period of 168 consecutive hours arising out of and directly caused by the peril of flood . C. As regards the perils of riot, strike or civil commotion , vandalism and malicious mischief, including losses from all other perils covered hereunder following as a result of the aforesaid perils : all losses or series of losses occurring during any period of 72 consecutive hours arising out of and directly caused by the same event. The maximum duration of 72 consecutive hours may be extended in respect of individual losses which occur beyond such 72 consecutive hours during the continued occupation of the Insured ' s premises by strikers , provided such occupation commenced during the aforesaid period . D. As regards the peril of Earth Movement, including losses from all other perils covered hereunder following as a result of Earth Movement: only those individual losses covered hereunder, which commence during the period of 168 consecutive hours , may be included in the Loss Occurrence . E. As regards the peril of freeze : only those individual losses directly caused by collapse , breakage of glass, water and/or liquid damage due to burst pipes tanks or pressure vessels; damage to machinery or equipment, stock and/or work in progress due to freeze ; and/or individual losses arising directly out of the lack of supply of power , current , coolant and/or fuel due to frozen pipes and/or frozen feed lines may be included in the Loss Occurrence . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Page 1 of 2 Except for those Loss Occurrences referred to in sub-paragraphs A. and B . above , the Insured may chose the date and time when such period of consecutive hours commences , provided that it is not earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising out of that disaster, accident or loss and provided that only one such period of consecutive hours will apply with respect to one event. However, as respects those Loss Occurrences referred to in sub-paragraphs A. and B . above , if the disaster, accident or loss occasioned by the event is of greater duration than the specified period of consecutive hours , then the Insured may divide that disaster, accident or loss into two or more Loss Occurrences , provided no two periods overlap and no individual loss is included in more than one such period and provided that no period commences earlier than the date and time of the occurrence of the first recorded individual loss sustained by the Insured arising from that disaster, accident or loss. However, we shall not be liable hereunder for any loss or damage : a) Occurring before this policy becomes effective ; or b) Arising from an "occurrence" which is in progress at the time this policy becomes effective , even if such loss or damage occurs after this policy becomes effective ; or c) Occurring after the expiration of this policy , except loss or damage arising from an "occurrence" in progress at the time this policy expires . This provision in no way alters any Policy Limit of Liability or Sub-limit of Liability . All other terms and conditions remain unchanged . Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ADDITIONAL POLICY CONDITIONS ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. It is understood and agreed that the following provisions supersede any term , condition , provision or endorsement found elsewhere in the coverage form that is in conflict herewith , and that the following provisions will apply notwithstanding any such contrary term , provision or endorsement. LENDERS AND MORTGAGEES The Lender Loss Payable clause , Mortgageholder clause , or any clause whereby a lender or mortgagee is granted rights and privileges under this Policy, if any, shall not apply to any lender or mortgagee unless such lender or mortgagee is identified by endorsement to this Policy prior to the date of loss. LAW IN FORCE AT TIME OF LOSS If the coverage form provides coverage for Demolition and Increased Cost of Construction , Ordinance or Law, or any other coverage for loss arising out of the enforcement of any law, this Policy shall only provide such coverage as respects a law, ordinance , or regulation that was in force at the time of loss . N O WAIVER Any Full Waiver clause , Waiver of Conditions clause , or any clause whereby the Company is deemed to waive , or whereby the coverage form purports to void or alter the force , effect or meaning of, the Company's forms or endorsements issued as part of this Policy is hereby deleted . S UIT AGAINST THE COMPANY N o suit , action , or proceeding for the recovery of any claim under this Policy will be sustainable in any court unless the Insured has fully complied with all the provisions of this Policy and legal action is started within twenty- four (24) consecutive calendar months after inception of the loss. If, under the applicable insurance laws, such 24-month limitation is invalid , then any such legal action must be started within the shortest limit of time permitted by such laws . LOSS PAYABLE Loss , if any, will be adjusted with and payable to the First Named Insured or as may be directed by the First Named Insured . Additional insured interests will also be included in loss payment as their interest may appear when named as additional named insured , lender, mortgagee and/or loss payee in endorsements to this Policy. ABANDONMENT There can be no abandonment of any property to the Company. Page 1 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 LIBERALIZATION Any liberalization clause found in the coverage form , or any clause of the coverage form whereby the terms and conditions of this Policy are deemed automatically revised in conformity with any change in the coverage form , is hereby deleted . All other terms and conditions remain unchanged . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Page 2of2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 NUCLEAR, BIOLOGICAL , CHEMICAL , RADIOLOGICAL EXCLUSION ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART The following exclusions are added to your Policy or Coverage Part. This insurance does not apply to : A. Loss or damage arising directly or indirectly from B . Loss or damage arising directly or indirectly from the n uclear detonation , reaction , nuclear radiation or dispersal , application or release of, or exposure to , radioactive contamination , all whether controlled or chemical , radiological , or biological materials or u ncontrolled , or due to any act or condition incident agents, all whether controlled or uncontrolled , or due to any of the foregoing , whether such loss be direct to any act or condition incident to any of the foregoing , or indirect, proximate or remote , or be in whole or in whether such loss be direct or indirect, proximate or part caused by, contributed to , or aggravated by, remote , or be in whole or in part caused by, contributed any physical loss or damage insured against by this to , or aggravated by, any physical loss or damage Policy or Coverage Part, however such nuclear insured against by this Policy or Coverage Part, detonation , reaction , nuclear radiation or radioactive however such dispersal , application , release or contamination may have been caused . This exposure may have been caused . exclusion replaces any other nuclear detonation , n uclear reaction , nuclear radiation or radioactive C . If this endorsement is attached to a Commercial Inland contamination exclusions found elsewhere in this Marine Policy or Coverage Part , the term loss or Policy. damage is changed to Loss . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 ASBESTOS MATERIAL EXCLUSION ( Named Peril Exception ) Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London Insert the policy number. The remainder of the information is to be completed only when this endorsement is issued subsequent to the preparation of the policy. THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART The following exclusion is added to this policy; supersedes any term , provision or endorsement to the contrary in this policy; and applies notwithstanding such term , provision or endorsement: A. This policy excludes loss or damage to asbestos , asbestos-containing product, or asbestos-containing material . B . This policy does not provide insurance against any loss , damage , cost, expense , fine or penalty resulting from or arising out of: 1. remediation of any kind , including but not limited to removal or modification , of any asbestos , asbestos- containing product, or asbestos-containing material from a building or structure of any kind , whether damaged or undamaged , and regardless of the reason such removal is undertaken , whether voluntary or compelled by government directive ; or 2 . the demolition or increased cost of reconstruction of property, the repair of property, the removal of debris , or the loss of use of property when caused by, arising out of, or undertaken due to the enforcement of any law, regulation , rule or ordinance that in any manner regulates asbestos , asbestos-containing product, or asbestos-containing material , except to the extent that coverage is provided by the Demolition and Increased Cost of Construction Additional Coverage ; or 3 . any fault in the design , manufacture , or installation of asbestos , asbestos-containing product, or asbestos- containing material . C . Notwithstanding the exclusions set forth above , this Policy covers direct physical loss or damage to asbestos , asbestos-containing product, and asbestos-containing material which is physically incorporated into an insured building or structure , including the necessary costs to remove or remediate such damaged asbestos , but only when such damage occurring during the policy period is directly and solely caused by the following perils , and then only that part of such asbestos which incurs direct physical loss or damage : fire , lightning , explosion , windstorm , hail , smoke , aircraft or vehicle impact, riot or civil commotion , vandalism , malicious mischief or accidental discharge of fire protective equipment. All other terms and conditions remain unchanged . Page 1 of 1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 PERMISSION FOR EXCESS INSURANCE Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. THIS ENDORSEMENT MODIFIES INSURANCE PROVIDED UNDER THE FOLLOWING : COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART In consideration of the rate and premium for which this policy is written , the following additional provisions are hereby made a part of this policy superseding any provisions to the contrary: 1 . EXCESS INSURANCE : Permission is hereby granted to purchase insurance in excess of the Limit of Liability stated in this policy. Such excess insurance shall not be considered other insurance for the purposes of the Other Insurance clause . 2 . SALVAGE AND RECOVERIES : This clause is amended to include the following : When , in connection with any loss hereunder, any salvage or recovery is received subsequent to the payment of such loss , the loss shall be figured on the basis on which it would have been settled had the amount of salvage or recovery been known at the time the loss was originally determined . Any amount thus found to be due either party from the other shall be paid promptly. The expense of all proceedings necessary to such recoveries shall be apportioned between the interests concerned in the ratio of their respective recoveries as finally settled . If there should be no recovery and proceedings are conducted solely by this Company, the expense thereof shall be borne by this Company. All other terms and conditions of the policy remain unchanged . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 PROPERTY CYBER AND DATA ENDORSEMENT Named Insured Endorsement Number Colorado Counties Casualty and Property Pool Policy Symbol Policy Number Policy Period Effective Date of Endorsement FS PW0330022 1 / 1 /2022 to 1 / 1 /2023 Issued By (Name of Insurance Company) Lloyds of London THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any: 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 . 2 loss , damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement, restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms, conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act. 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back- up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss, Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident. 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means: 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access, process , use or operate any Computer System . 9 Computer System means : 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet, wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 Page 2 of 2 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 POLICYHOLDER NOTIFICATION NEWLY ACQUIRED OR CONSTRUCTED PROPERTY New location(s) added to this Policy may be subject to separate rating and/or may require a higher deductible(s) . Page 1 of 1 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 COLORADO FRAUD STATEMENT It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance within the department of regulatory agencies. Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 IL P 001 01 04 U . S . TREASURY DEPARTMENT' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC. Please read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous: • Foreign agents; • Front organizations; • Terrorists ; • Terrorist organizations ; and • Narcotics traffickers ; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http//www. treas . gov/ofac . In accordance with OFAC regulations, if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. Name of Insured: Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 Business Interruption Extension In consideration of the premium paid , and subject to the EXCLUSIONS , CONDITIONS AND LIMITATIONS of the Policy to which this Extension is attached , and also to the FOLLOWING ADDITIONAL CONDITIONS , EXCLUSIONS AND LIMITATIONS , this Policy is extended to cover loss resulting from necessary Interruption of Business caused by Direct Physical Loss or Damage , as covered by the Policy to which this Extension is attached , to the Property Insured . In the event of such Direct Physical Loss or Damage , the Underwriters shall be liable for the actual loss sustained by the Insured resulting directly from such necessary Interruption of Business, but not exceeding the reduction in Gross Earnings , as defined hereafter, less charges and expenses which are not necessary during the Interruption of Business , for a period not to exceed the lesser of: - a) such 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 damaged , or b) eighteen ( 18) calendar months , commencing with the date of such Direct Physical Loss or Damage and not limited by the expiration of this Policy. Extended Period of Indemnity: The period described above shall include such length of time , not to exceed one hundred and eighty ( 180) days , to restore the Insured 's business to the condition that would have existed had no Direct Physical Loss or Damage occurred commencing with the later of the following dates : i ) The date on which the liability of the Underwriters for Direct Physical Loss or Damage would otherwise terminate ; and ii ) The date on which the repair , rebuilding or replacement of such part of the property as has been destroyed or damaged is actually completed . Due consideration shall be given to the continuation of normal charges and expenses , including payroll expenses ( but limited to ninety (90 ) days in respect of Ordinary Payroll ) , to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the Direct Physical Loss or Damage . CONDITIONS 1 . Direct Loss or Damage No claim shall be payable under this Extension unless and until a claim has been paid , or liability admitted , in respect of Direct Physical Loss or Damage to Property Insured under the Policy to which this Extension is attached and which gave rise to Interruption of Business . This Condition shall not apply if no such payment shall have been made , or liability admitted , solely owing to the operation of a Deductible in said Policy which excludes liability for losses below a specified amount. 3 . Resumption of Operations If the Insured could reduce the loss resulting from the Interruption of Business , a) by complete or partial resumption of operation of the property, and/or b) by making use of Merchandise , Stock ( Raw, In Process or Finished ) , or any other property at the Insured ' s locations or elsewhere , Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 and/or c) by using or increasing operations elsewhere , then such possible reduction shall be taken into account in arriving at the amount of loss hereunder. 4 . Expenses to reduce Loss This Extension also covers such expenses as are necessarily incurred for the purpose of reducing loss under this Extension (except expenses incurred to extinguish a fire) , and , in respect of manufacturing risks , such expense , in excess of Normal , as would necessarily be incurred in replacing any Finished Stock used by the Insured to reduce loss under this Extension ; but in no event to exceed the amount by which loss under this Extension is thereby reduced . Such expenses shall not be subject to the application of any contribution clause . EXCLUSIONS This Extension does not insure against:- 1 . increase in loss resulting from interference at the insured premises , by strikers or other persons , with rebuilding , repairing or replacing the property or with the resumption or continuation of operation ; 2 . increase in loss caused by the suspension , lapse , or cancellation of any lease , licence , contract, or order, unless such results directly from the insured Interruption of Business , and then Underwriters shall be liable for only such loss as affects the Insured's earnings during , and limited to , the period of indemnity covered under this Policy; 3 . increase in loss caused by the enforcement of any ordinance or law regulating the use , reconstruction , repair or demolition of any property insured hereunder; 4 . loss of market or any other consequential loss . LIMITATIONS 1 . The Underwriters shall not be liable for more than the smaller of either:- a) any specific Business Interruption Sublimit stated in the Policy , or b) the Policy Limit of Liability stated in the Policy, where such includes Business Interruption , if such is a combined limit, in respect of such loss , regardless of the number of locations suffering an interruption of business as a result of any one occurrence . 2 . With respect to loss resulting from damage to or destruction of media for, or programming records pertaining to , electronic data processing or electronically controlled equipment, by the perils insured against, the length of time for which the Underwriters shall be liable hereunder shall not exceed : - a) thirty (30) consecutive calendar days or the time required with exercise of due diligence and dispatch to reproduce the data thereon from duplicates or from originals of the previous generation , whichever is less ; or, b) the length of time that would be required to rebuild , repair or replace such other property herein described as has been damaged or destroyed , but not exceeding eighteen ( 18) calendar months , whichever is the greater length of time . Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 DEFINITIONS 1 . Gross Earnings are for the assessment of premium and for adjustment in the event of loss defined as, The sum of:- a) total net sales value of production or sales of Merchandise , and b) other earnings derived from the operations of the business, less the cost of c) Raw Stock from which production is derived , d ) supplies consisting of materials consumed directly in the conversion of such Raw Stock into Finished Stock, or in supplying the services sold by the Insured , e) Merchandise sold including packaging materials therefor, f) materials and supplies consumed directly in supplying the service(s) sold by the Insured , g ) service(s ) purchased from outsiders (not employees of the Insured ) for resale which do not continue under contract, h ) the difference between the cost of production and the nett selling price of Finished Stock which has been sold but not delivered . No other costs shall be deducted in determining Gross Earnings . In determining Gross Earnings due consideration shall be given to the experience of the business before the date of Direct Physical Loss or Damage and the probable experience thereafter had Direct Physical Loss or Damage not occurred . 2 . Raw Stock Material in the state in which the Insured receives it for conversion into Finished Stock. 3 . Stock in Process Raw Stock which has undergone any ageing , seasoning , mechanical or other process of manufacture at the Insured's premises but which has not become Finished Stock. 4 . Finished Stock Stock manufactured by the Insured which in the ordinary course of the Insured's business is ready for packing , shipment or sale . 5 . Merchandise Goods kept for sale by the Insured which are not the product of manufacturing operations conducted by the Insured . 6 . Normal The condition that would have existed had no Direct Physical Loss or Damage occurred . 7 . Ordinary Payroll Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 The entire payroll expense for all employees of the Insured except officers , executives , department managers , and other employees under contract. LMA5039 (Amended ) 14/ 12/2005 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 DEBRIS REMOVAL ENDORSEMENT THIS ENDORSEMENT CONTAINS PROVISIONS WHICH MAY LIMIT OR PREVENT RECOVERY UNDER THIS POLICY FOR LOSS WHERE COSTS OR EXPENSES FOR DEBRIS REMOVAL ARE INCURRED . Nothing contained in this Endorsement shall override any Seepage and/or Pollution and/or Contamination Exclusion or any Radioactive Contamination Exclusion or any other Exclusion applicable to this Policy. Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to or destruction of property, for which Underwriters hereon agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay (hereinafter referred to as ' Damage or Destruction' ) , this Policy also insures , within the sum insured , subject to the limitations and method of calculation below, and to all the other terms and conditions of the Policy, costs or expenses ; (a) which are reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage or Destruction occurred , of debris which results from the Damage or Destruction ; and (b) of which the Assured becomes aware and advises the amount thereof to Underwriters hereon within one year of the commencement of such Damage or Destruction . 2 . In calculating the amount, if any, payable under this Policy for loss where costs or expenses for removal of debris are incurred by the Assured (subject to the limitations in paragraph 1 above) : (a) the maximum amount of such costs or expenses that can be included in the method of calculation set out in ( b) below shall be the greater of US$25 , 000 (twenty-five thousand dollars ) or 10 % (ten percent) of the amount of the Damage or Destruction from which such costs or expenses result ; and (b) the amount of such costs or expenses as limited in (a ) above shall be added to : (i ) the amount of the Damage or Destruction ; and (ii ) all other amounts of loss , which arise as a result of the same occurrence , and for which Underwriters hereon also agree to pay, or which but for the application of a deductible or underlying amount they would agree to pay; and the resulting sum shall be the amount to which any deductible or underlying amount to which this Policy is subject and the limit (or applicable sub-limit) of this Policy, shall be applied . N MA2343 24/ 11 /1988 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 SANCTION LIMITATION AND EXCLUSION CLAUSE 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 , United Kingdom or United States of America . LMA3100 15 September 2010 WAR AND TERRORISM EXCLUSION ENDORSEMENT Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss ; ( 1 ) war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not), civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power; or (2 ) any act of terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons , whether acting alone or on behalf of or in connection with any organisation (s ) or government(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public , or any section of the public, in fear. This endorsement also excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to ( 1 ) and/or (2 ) above . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. NMA2918 08/10/2001 Name of Insured : Colorado Counties Casualty and Property Pool Policy Term: January 1 , 2022 to January 1 , 2023 COLORADO COUNTIES CASUALTY AND PROPERTY POOL 1 /1 /2022 TO 1 /1 /2023 PROPERTY - LAYERED PROGRAM - POLICY NUMBERS, PARTICIPATION Attachment Clause for Master Policy Layer Carrier Policy Number Uws at Lloyds (various) - LEAD PW0330022 & PW0330122 CV Starr SLSTPTY11557422 Primary Layer Westchester Surplus D38095432005 Allied World 031216751A Evanston ( Markel ) MKLV2XPR000583 CV Starr SLSTPTY11557422 Total Excess Layer $ 15M xs $ 10M UW at Lloyds (various) PW0330022 Westchester Surplus Lines D38095432005 StarStone Specialty Ins . Co . H85052210CSP Aspen Specialty Ins . Co . PX00K6222 Westfield Specialty Ins . Co. XAR00002ND Total Excess Layer $25M xs $25M Lexington Ins . Co . 6893563 Lloyd's NOGW47604022 Palms Ins . Co . PLM000600 Homeland Ins .Co . (OneBeacon) 795017310 RSUI Indemnity Co . NHD921815 Total Excess Layer $50M xs $75M Mitsui EXP7000992 First Specialty Ins . Co . ESP200539000 Excess Automobile Physical Damage - Endurance IMU10012212604 over the Road Participation % Authorized Siganture Limit Participation $4 ,500 , 000 45% $2 ,000 , 000 20% $2 ,000 , 000 20% $ 1 ,500 , 000 15% $4 ,500 , 000 30% $3 ,000 , 000 20% $4 ,500 , 000 30% $3 ,000 , 000 20% $3 ,750 , 000 15% $3 ,750 , 000 15% $2 ,500 , 000 10% $2 ,500 , 000 10% $ 10 ,000 , 000 40% $2 ,500 , 000 10% $ 12 ,500 , 000 25% $ 15 ,000 , 000 30% $ 12 ,500 , 000 25% $ 10 ,000 , 000 20% $4 , 000 ,000 xs 100% $ 1 , 000 ,000 1.1:61 PLACEMENT SERVICES RPS Specialty Market Policy Notices for the Policy Holder and Retail Producer This form is NOT a part of the policy and does NOT amend policy wording , but is designed to be delivered when the policy is provided to the Policy Holder. When using "you" or "your" the form is addressing the Policy Holder; when using " Producer" it refers to the Retail Producing Entity and/or their production person ; RPS is used for Risk Placement Services , Inc. Assignment : This Policy or Certificate may not be assigned to another entity without the written consent of the Insurer. The policy wording should be reviewed carefully for this provision before any assignment attempt is made . Audits : If your insurance policy includes general liability, product liability and/or completed operations liability, your policy is subject to an audit on a Minimum and Deposit basis . Liability premiums are often calculated using estimated exposures for a future period of time , for example gross annual sales , payroll and subcontractor costs . At the end of your policy period , the company may audit the actual exposures for your policy period . If the exposures are higher than estimated , additional premium will be due . If the exposures are lower than estimated , and the premium already paid is a Minimum and Deposit premium then no premium adjustment will be made , and no return premium will be issued . The Producer should review any Audit Condition from the policy with you . The Producer is responsible for collecting any audit premiums due within 20 days of the billing , unless otherwise noted . Binding Coverage : Coverage can only be bound after a written request is received and acknowledged by RPS . Cancellation : The policy has specific cancellation provisions that should be reviewed , and may be subject to special endorsements based on the State regulations . Flat cancellations are not allowed . In order to cancel you need to make written request in advance of the requested date . The policy also contains provisions that establish minimum earned premiums , minimum and deposit premiums or fully earned premiums . Cancellation for non-payment of premium , including failure to pay outside financing , is generally considered to be at the request of the Insured and therefore subject to financial penalties as described in the policy. If a Notice of Cancellation is sent for non-payment , there may be a Service Fee ( not a premium ) required to effect a rescission of the Notice . The amount of the fee will typically be shown on the Notice , and must be paid by the party requesting the rescission . The policy may not continue if the Service Fee is not paid . Certificates of Insurance : You may request Certificates of Insurance from the Producer that placed your insurance policy. Such Certificates cannot contain wording contrary to the Policy Coverage as provided . Additional Insureds , often requested with Certificates of Insurance , generally require an Additional Premium , and can only be added after the Insurer knows of the insurable interest and accepts the entity as being added to the policy. Producers can access the RPS website to obtain many Certificates or make special coverage change requests via endorsement as needed to satisfy certain Certificate Holders , keeping in mind such additional coverages may require additional premium charges . Claims Reporting : Report all claims as soon as possible. The policy will define what constitutes a claim . The policy contains specific address , phone , or website information as to where and how to report a claim . Most Insurers maintain 24/7 service of such numbers . Your Producer may also assist you with filing a claim , and they have access to the RPS website https ://my. rpsins.com/claimsfnol and/or RPS claim reporting toll free number 1 -844-777-8323 to do so , however, you should review the claim reporting provision of the policy. If your policy is a "claims-made" policy, it is essential to understand what constitutes a claim from the language in the policy, and also know that all claims must be reported to the insurer as soon as possible . Both the policy and your broker can instruct you how and where to submit a claim . If a claim is reported after the time period specified in the policy, the insurer may deny coverage . Do not offer to compromise or settle any claim or demand without the insurer's prior agreement, or you will risk losing coverage . Coverage : This policy may not be as broad in scope as the policy it replaces nor as the coverage requested . This policy was issued to reflect the coverage as quoted by RPS to your Producer. Your Producer should review the entire contract of insurance with you . Endorsements : Additional coverage , changes or revisions are subject to acceptance of the Insurer and must be endorsed to the policy. The Producer has no authority to endorse or change the policy, but should submit in writing the requested changes to RPS who will work with the Insurer to effect endorsement's acceptability to the Insurer. Coverage is not in force until confirmed by RPS . RPS-159 (2020. 09) Page 1 of 2 IMTS PLACEMENT SERVICES Fees : Unless otherwise noted , all Fees are fully earned at the time of placement of this insurance and are not subject to pro-rata return if the policy is cancelled . Financing : Any premium financing is a contractual relationship between the Premium Finance Company ( PFC) and the Borrower. The Insurer, Agents , nor Brokers are parties to the Finance Agreement, and policy wording will not be amended to any contractual provisions therein . All such contracts must be set up showing the Insurer's Name c/o Risk Placement Services , Inc. , using the RPS branch address where the policy was placed . Once financed , it is the duty of the Producer to inform the PFC of any changes to the contract, additional or return premiums , and cancellation of the policy. Forms Signed & Returned : The policy may have been delivered with forms that require the signature of the Named Insured . Such forms should be signed and returned to the Producer immediately, so they can in turn provide them to RPS , who will post them to the Insurer files . Inspections : To keep coverage in force , an inspection may be required , and provisions for this are in the policy. Producer should review with the Policy Holder the need to arrange site appointments with inspectors , who may be vendors . Minimum Earned Premium : This quotation/policy may include a Minimum Earned Premium provision , expressed as a percentage and/or dollar amount. This means that if the insurance policy is cancelled by you for any reason , the company will retain no less than the Minimum Earned Premium . Example: The policy premium is $ 1 , 000 and the Minimum Earned Premium is 25%. The policy is an annual policy and is cancelled after 2 days of being in force. The company would retain at least 25% of the premium ($ 1 , 000 X 25 % = $250 and return no more than $ 750. Producer Not Agent: The Producer is a representative of the Policy Holder / Named Insured , and as such does not act as an Agent of the Insurer nor of RPS . Transportation Policies : Report all newly hired drivers as soon as possible . Report all newly acquired vehicles prior to putting them in service and/or on the road . RPS-159 (2020. 09) Page 2 of 2 MARKEL' EVANSTON INSURANCE COMPANY PRIVACY NOTICE U . S . Consumer Privacy Notice Rev. 1 / 1 /2020 FACTS WHAT DOES MARKEL GROUP OF COMPANIES REFERENCED BELOW ( INDIVIDUALLY OR COLLECTIVELY REFERRED TO AS "WE" , " US " , OR " OUR") DO WITH YOUR PERSONAL INFORMATION ? Why? In the course of Our business relationship with you , We collect information about you that is necessary to provide you with Our products and services . We treat this information as confidential and recognize the importance of protecting it . Federal and state law gives you the right to limit some but not all sharing of your personal information . Federal and state law also requires Us to tell you how We collect , share , and protect your personal information . Please read this notice carefully to understand what We do . What? The types of personal information We collect and share depend on the product or service you have with Us . This information can include : • your name , mailing and email address (es) , telephone number, date of birth , gender, marital or family status , identification numbers issued by government bodies or agencies (i . e . : Social Security number or FEIN , driver's license or other license number) , employment , education , occupation , or assets and income from applications and other forms from you , your employer and others ; • your policy coverage , claims , premiums , and payment history from your dealings with Us , Our Affiliates , or others ; • your financial history from other insurance companies , financial organizations , or consumer reporting agencies , including but not limited to payment card numbers , bank account or other financial account numbers and account details , credit history and credit scores , assets and income and other financial information , or your medical history and records . Personal information does not include : • publicly- available information from government records ; • de- identified or aggregated consumer information . When you are no longer Our customer, We continue to share your information as described in this Notice as required by law . How? All insurance companies need to share customers ' personal information to run their everyday business . In the section below , We list the reasons financial companies can share their customers ' personal information ; the reasons We choose to share ; and whether you can limit this sharing . We restrict access to your personal information to those individuals , such as Our employees and agents , who provide you with insurance products and services . We may disclose your personal information to Our Affiliates and Nonaffiliates ( 1 ) to process your transaction with Us , for instance , to determine eligibility for coverage , to process claims , or to prevent fraud , or (2) with your written authorization , or (3) otherwise as permitted by law . We do not disclose any of your personal information , as Our customer or former customer, except as described in this Notice . MPIL 1007 01 20 Page 1 of 3 Reasons We can share your personal information Do We Can you share? limit this sharing ? For Our everyday business purposes and as required by law — Yes No such as to process your transactions , maintain your account (s) , respond to court orders and legal/regulatory investigations , to prevent fraud , or report to credit bureaus For Our marketing purposes — Yes No to offer Our products and services to you For Joint Marketing with other financial companies Yes No For Our Affiliates ' everyday business purposes — Yes No information about your transactions and experiences For Our Affiliates ' everyday business purposes — No We don 't information about your creditworthiness share For Our Affiliates to market you No We don 't share For Nonaffiliates to market you No We don 't share Questions ? Call (888) 560-4671 or email privacy@markel . com Who We are Who is providing this Notice ? A list of Our companies is located at the end of this Notice . What We do How do We protect your We maintain reasonable physical , electronic , and procedural safeguards to personal information? protect your personal information and to comply with applicable regulatory standards . For more information , visit www . markel . com/privacy- policy . How do We collect your personal We collect your personal information , for example , when you information ? complete an application or other form for insurance perform transactions with Us , Our Affiliates , or others file an insurance claim or provide account information use your credit or debit card We also collect your personal information from others , such as consumer reporting agencies that provide Us with information such as credit information , driving records , and claim histories . Why can 't you limit all sharing of Federal law gives you the right to limit only your personal information ? sharing for Affiliates ' everyday business purposes — information about your creditworthiness Affiliates from using your information to market to you sharing for Nonaffiliates to market to you State laws and individual companies may give you additional rights to limit sharing . See the Other Important Information section of this Notice for more on your rights under state law . MPIL 1007 01 20 Page 2 of 3 Definitions Affiliates Companies related by common ownership or control . They can be financial and nonfinancial companies . • Our Affiliates include member companies of Markel Group . N onaffiliates Companies not related by common ownership or control . They can be financial and nonfinancial companies . • Nonaffiliates that We can share with can include financial services companies such as insurance agencies or brokers , claims adjusters , reinsurers , and auditors , state insurance officials , law enforcement , and others as permitted by law . Joint Marketing A formal agreement between Nonaffiliated companies that together market financial products or services to you . • Our Joint Marketing providers can include entities providing a service or product that could allow Us to provide a broader selection of insurance products to you . Other Important Information For Residents of AZ, CT, GA , IL, ME , MA , MN , MT, NV, NJ , NC , OH , OR , and VA : Under state law , under certain circumstances you have the right to access and request correction , amendment or deletion of personal information that We have collected from or about you . To do so , contact your agent , visit www . markel . com/privacy- policy , call (888) 560- 4671 , or write to Markel Corporation Privacy Office , 4521 Highwoods Parkway , Glen Allen , VA 23060 . We may charge a reasonable fee to cover the costs of providing this information . We will let you know what actions We take . If you do not agree with Our actions , you may send Us a statement . For Residents of CA : You have the right to review , make corrections , or delete your recorded personal information contained in Our files . To do so , contact your agent , visit www . markel . com/privacy- policy , call (888) 560-4671 , or write to Markel Corporation Privacy Office , 4521 Highwoods Parkway , Glen Allen , VA 23060 . We do not and will not sell your personal information . For the categories of personal information We have collected from consumers within the last 12 months , please visit : www . markel . com/privacy- policy . For Residents of MA and ME : You may ask , in writing , for specific reason , for an adverse underwriting decision . Markel Group of Companies Providing This Notice : City National Insurance Company, Essentia Insurance Company , Evanston Insurance Company , FirstComp Insurance Company , Independent Specialty Insurance Company , National S pecialty Insurance Company, Markel Bermuda Limited , Markel American Insurance Company , Markel Global Reinsurance Company , Markel Insurance Company , Markel International Insurance Company Limited , Markel Service , Incorporated , Markel West , Inc . (d/b/a in CA as Markel West Insurance Services) , Pinnacle National Insurance Company , State National Insurance Company , Inc. , Superior Specialty Insurance Company , SureTec Agency Services , Inc . (d/b/a in CA as SureTec Agency Insurance Services) , SureTec Indemnity Company , SureTec Insurance Company , U nited Specialty Insurance Company , Inc . MPIL 1007 01 20 Page 3 of 3 MARKEL' EVANSTON INSURANCE COMPANY NOTICE TO POLICYHOLDERS CLAIM REPORTING Please immediately report a new claim under this policy to : newclaims@markelcorp . com For general claims inquiries after a claim has been reported , please email : markelclaims@markelcorp . com In order for us to expedite the handling of your claim and quickly refer it to the appropriate party , please have the following information available : • Claim number ( or report as new ) • Your name , contact information and position with the Named Insured • Date of loss • Policy number and insured name • Details of loss Our address and additional contact information are as follows : Markel Claims P . O . Box 2009 Glen Allen , VA 23058 -2009 Phone : 800 -362 -7535 ( 800 ) 3MARKEL Fax : 855 -662 -7535 ( 855 ) 6MARKEL Markel understands the importance of having knowledgeable claims professionals prepared to answer your questions with personal attention and expertise . With claims professionals located across four times zones , you are sure to find the claims assistance you need -- when you need it . PLEASE REFER TO THE POLICY FOR ANY NOTICE AND REPORTING PROVISIONS AND DUTIES IN THE EVENT OF LOSS OR DAMAGE TO COVERED PROPERTY. MPIL 1074 02 20 Page 1 of I MARKEL' EVANSTON INSURANCE COMPANY U . S . TREASURY DEPARTMENT' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy . You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully . The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy , based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents ; • Front organizations ; • Terrorists ; • Terrorist organizations ; and • Narcotics traffickers ; as " Specially Designated Nationals and Blocked Persons " . This list can be located on the United States Treasury's web site — https ://www . treasury . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract , no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply . MPIL 1083 04 15 Includes copyrighted material of Insurance Services Office , Inc. Page 1 of 1 with its permission . POLICY NUMBER : MKLV2XPR000583 MARKEL' EVANSTON INSURANCE COMPANY FORMS SCHEDULE FORM NUMBER FORM NAME MJIL 1000 08 10 Policy Jacket MPIL 1007 01 20 Privacy Notice MPIL 1074 02 20 Notice To Policyholders Claim Reporting MPIL 1083 04 15 U . S . Treasury Department's Office Of Foreign Assets Control (OFAC) Advisory Notice To Policyholders MDIL 1001 08 11 Forms Schedule MEIL 1200 02 20 Service of Suit MDCP 1014 06 17 Subscription Property Declarations MECP 1213 02 15 Occurrence Limit of Liability - Excess MECP 1215 09 14 Additional Property Exclusions And Conditions MECP 1304 05 16 Exclusion Of Certified Acts Of Terrorism MECP 1308 09 14 Exclusion - Virus , Harmful Code Or Similar Instruction MECP 1315 09 14 Exclusion - Asbestos MECP 1316 09 14 Exclusion - Equipment Breakdown MECP 1317 09 14 Exclusion - Biological , Radiological Or Chemical Materials MECP 1322 09 14 Exclusion - Pollution MECP 1326 09 14 Exclusion - Organic Pathogens MEIL 1211 06 10 Minimum Earned Premium Amendment Endorsement MIL 1214 09 17 Trade Or Economic Sanctions Manuscript Policy Form CAPP 2022-2023 MDIL 1001 08 11 Page 1 of 1 MARKEL' EVANSTON INSURANCE COMPANY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. SERVICE OF SUIT Except with respect to any policy issued in any state in which the Insurer is licensed as an admitted insurer to transact business , it is agreed that in the event of the failure of the Company to pay any amount claimed to be due hereunder, the Company , at the request of the Named Insured , will submit to the jurisdiction of a court of competent jurisdiction within the United States and will comply with all requirements necessary to give such court jurisdiction and all matters arising hereunder shall be determined in accordance with the law and practice of such court . Nothing in this clause constitutes or should be understood to constitute a waiver of the Company's 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 Secretary , Legal Department , Markel Service , Incorporated , 10275 West Higgins Road , Suite 750 , Rosemont , Illinois 60018 , and that in any suit instituted against the Company upon this policy , the Company will abide by the final decision of such Court or of any Appellate Court in the event of an appeal . Further, pursuant to any statute of any state , territory or district of the United States which makes provision therefor, the Company hereby designates the Superintendent , Commissioner or Director of Insurance or other official specified for that purpose in the statute , or his/her successor or successors in office , as its 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 Named Insured or any beneficiary hereunder arising out of this policy , and hereby designates the above- named as the person to whom the said officer is authorized to mail such process or a true copy thereof. MEIL 1200 02 20 Page 1 of 1 (a) WESTFIELD`T CO SURPLUS LINES TAX -$ 1 , 500 . 00 EXCESS PROPERTY COVERAGE FORM DECLARATIONS SURPLUS LINES LICENSEE : CRC Corporate COMPANY NAME : Westfield Specialty Insurance Company License 183767 POLICY NO. : XAR-00002ND This contract is delivered as a surplus line coverage NAMED INSURED : Colorado Counties Casualty and Property PooFnder the ' Nonadmitted Insurance Act' . The insurer ADDRESS : 800 Grant St . Ste . 400 issuing this contract is not licensed in Colorado but is Denver, CO 80203 an ELIGIBLE nonadmitted insurer. There is no protection under the provisions of the ' Colorado Insurance Guaranty Association Act' . LIMIT OF INSURANCE Limit Layer Attachment $2 ,500 ,000 Part of $25 , 000 , 000 Excess of $25 ,000 ,000 Per Occurrence and in the Annual Aggregate as respects to N/A The "Company" provides the limits shown above as applying on the basis of excess of any applicable deductible or self-insured retention contained in the "Controlling Insurance Policy" with respect to each and every loss or occurrence caused by or resulting from the "Covered Causes of Loss" insured against under this policy and in any annual aggregate as stated above . SHARED COVERAGE ONLY This Limit of Insurance is the limit shown above as our portion of the layer applicable to those locations shown in the Declarations for "Covered Causes of Loss" . DESCRIPTION OF COVERED CAUSES OF LOSS : All Risks including Flood ( Excluding A/V Flood ) and Earthquake excluding Equipment Breakdown DEDUCTIBLE AMOUNT : Per Controlling Insurance Policy CONTROLLING INSURANCE POLICY Effective Dates Insurance Company Policy Number from : to : Limit of Insurance Lloyd 's of London PW0330021 01 /01 /2022 01 /01 /2023 $ 100 , 000 , 000 DESCRIPTION OF PREMISES/DESCRIPTION OF COVERAGES Per schedule on file with this Insurance Company APPLICABLE FORMS / ENDORSEMENTS TOTAL POLICY $50 , 000 See Attached Schedule of Forms and Endorsements PREMIUM N OTICE : N otice of Claims : All Other Notices : Westfield Specialty Westfield Specialty One Park Circle One Park Circle Westfield Center, Ohio 44251 Westfield Center, Ohio 44251 Email : WestfieldESPropertyClaims@westfieldgrp . com PR 01001 0222 Page 1 of 1 SCHEDULE OF FORMS AND ENDORSEMENTS Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Policy Period : 01 /01 /2022 to 01 /01 /2023 Form No. Form Name P R 01001 0222 Westfield Policy Declarations P R 01021 0222 Schedule of Forms and Endorsements P R 01051 0222 Excess Property Coverage Form P R 01105 0222 Communicable Disease Exclusion Endorsement P R 01106 0222 Cyber Exclusion Endorsement P R 01107 0222 Hazardous Material Exclusion Endorsement P R 01201 0222 Service of Suit Endorsement P R 01202 0222 Territory Coverage Limitation Endorsement P R 01204 0222 Occurrence Limit of Insurance (Scheduled) Endorsement P R 01205 0222 TRIA Notice P R 01207 0222 Terrorism Coverage Exclusion P R 01291 0222 Minimum Earned Premium Endorsement P R 01297 0222 Fraud Statements P R 01298 0222 Surplus Lines Notice P R 01299 0222 OFAC Advisory Notice to Policyholders P R 013XX 0222 State Amendatory Notice P R 01401 0222 Signature Page PR 01021 0222 Page 1 of 1 EXCESS PROPERTY COVERAGE FORM Various provisions in this policy restrict coverage . Read the entire policy carefully to determine rights , duties and what is and is not covered . Throughout this policy the words "you" , "your" and " Insured" refer to the Named Insured shown in the Declarations , and any other person or organization qualifying as a Named Insured under this policy. The words "we" , " us" , "our" and "Company" refer to the company providing the insurance hereunder. All other words and phrases that appear in quotation marks shall have the special meaning set forth in Section II , Definitions . I . INSURING AGREEMENT The Company will indemnify the Insured for direct physical loss or damage to "Covered Property" at the premises described in the Declarations resulting from or caused by a "Covered Cause of Loss" . A. Attachment of Liability It is expressly understood and agreed that our liability under this policy shall attach excess of all " Underlying Insurance" and after: ( 1 ) the insurers of the " Underlying Insurance" have paid , or agreed to pay, the full amount of their respective policy limits ; and (2) the Insured has paid any applicable self-insured retentions or deductibles as required by any " Underlying Insurance" . B . Application of Controlling Underlying Policy This policy is subject to the same terms , conditions , definitions , limitations , exclusions , and warranties as are contained in or as may be added to the "Controlling Underlying Policy" . In the event the terms and conditions of the "Controlling Underlying Policy" are inconsistent or conflict with the terms and conditions of this policy, the provisions of this policy shall apply and supersede the provisions of the "Controlling Underlying Policy" . This Subsection ( B ) shall not apply to premiums , rates , limits of insurance , sublimits , deductibles , self-insured retentions , the definitions set forth in Section II , or any other obligation to investigate , adjust or defend a claim or suit. The Coinsurance provision in the "Controlling Underlying Policy" or any other " Underlying Insurance" does not apply to the coverage provided by this policy. II . DEFINITIONS A. "Controlling Underlying Policy" means the insurance policy or policies designated as such on the Declarations and/or the Schedule of Underlying Insurance . If no policy is so designated , then the policy providing the layer of insurance immediately below this policy's layer for a particular coverage shall be deemed the "Controlling Underlying Policy" . B . "Covered Cause of Loss" means any risk of direct physical loss or damage covered by the "Controlling Underlying Policy" as described in the Declarations , subject to any exclusions or limitations as are contained in or as may be added to the Declarations , this policy and/or the "Controlling Underlying Policy" . C . "Covered Property" means the property described in the "Controlling Underlying Policy" . PR 01051 0222 Page 1 of 4 D . " Ultimate Net Loss" means the actual loss or damages sustained by you to "Covered Property" resulting from direct physical loss or damage caused by a "Covered Cause of Loss" . E. " Underlying Insurance" means all primary or underlying excess policies including the "Controlling Underlying Policy, " designated as such in the Schedule of Underlying Insurance . III . LIMITS OF INSURANCE A. The most we will pay in any one occurrence is our share of the " Ultimate Net Loss" subject to : ( 1 ) the applicable Limit of Insurance shown in the Declarations ; (2 ) any sublimits contained within this policy or any " Underlying Insurance" ; or (3) any deductions for all salvage and recoveries from any source (other than this policy and the " Underlying Insurance" ) . The inclusion of more than one Insured shall not operate to increase our Limit of Insurance for this policy. B . The aggregate limit , if applicable , for a designated "Covered Cause of Loss" is the most we will pay for the total of all occurrences for that "Covered Cause Of Loss" in the policy period , regardless of the number of occurrences during that time period . In the event the first occurrence does not exhaust the applicable aggregate limit, then the balance of that aggregate limit shall be available to pay for a subsequent occurrence . If an occurrence begins during one policy period and ends during a subsequent policy period , any limit applicable to the subsequent policy period shall not apply to that occurrence . C . We will not pay for any loss or damage to " Covered Property" caused by any "Covered Cause Of Loss" which is : ( 1 ) subject to a sublimit less than or equal to the respective Limits of Insurance of any "Controlling Underlying Policy" shown in the Declarations ; or (2 ) excluded in any "Controlling Underlying Policy" shown in the Declarations . IV. CONDITIONS A. Maintenance of Underlying Insurance The Insured warrants that the policies and limits of the " Underlying Insurance" , and any renewals or replacements thereof, shall be maintained in full force and effect during the policy period of this policy. Failure by the Insured to comply with the foregoing condition shall not invalidate coverage under this policy. However, in the event of such failure , we shall be liable under this policy only to the extent that we would have been liable if such policies and limits of the " Underlying Insurance" had been maintained in full force and effect . B . Drop Down Provision In the event of reduction or exhaustion of any applicable aggregate limit of the " Underlying Insurance" , this policy shall apply in excess of such reduced aggregate limit , or if such aggregate limit is exhausted , this policy shall apply as " Underlying Insurance" . The Company shall not be liable for more than the applicable Limit of Insurance shown in the Declarations , and only then for loss in excess of the deductible for any "Controlling Underlying Policy" shown in the Declarations . This Subsection shall not apply to any sublimits , additional coverages or extensions of coverage in any " Underlying Insurance" and nothing herein shall further modify Subsection A. , Maintenance of Underlying Insurance , set forth above . PR 01051 0222 Page 2 of 4 C . Uncollectible Underlying Insurance Except for any reduction of any applicable aggregate limit set forth above in Subsection B , Drop Down Provision , this policy shall always be excess over the maximum combined limits provided by all " Underlying Insurance" , and shall never be less than the attachment specified in the Declarations . This Subsection shall apply even if the " Underlying Insurance" is uncollectible or unpaid , in whole or in part, for any reason including but not limited to the financial impairment, insolvency or receivership of any insurer of " Underlying Insurance" . The risk of uncollectible " Underlying Insurance" is expressly retained by you and shall not be covered by this policy. D . Priority of Payments In the event a claim involves loss or damage to more than one coverage or "Covered Cause of Loss" , the Insured shall have the option to apportion recovery under this policy when submitting final proof of loss ; provided that the amount recoverable under this policy shall not exceed the Limit of Insurance for any one occurrence . In determining the amount recoverable under this policy , loss or damages from any coverage or "Covered Cause of Loss" covered in the "Controlling Underlying Policy" , but not covered by this policy, may be applied up to the limit or sublimits available to you in the "Controlling Underlying Policy" . Nothing herein shall extend or increase the Limit of Insurance to any coverage , "Covered Cause of Loss" or other cause of loss not covered in this policy. E. Cancellation/Nonrenewal ( 1 ) This policy may be cancelled as follows : (a) The Named Insured set forth in the Declarations may cancel this policy by mailing us advance written notice of cancellation ; or (b) We may cancel this policy by mailing to Named Insured set forth in the Declarations (and , if required by applicable state law , the agent or broker of record ) written notice of cancellation , at least: (i ) ten ( 10) days before the effective date of cancellation if we cancel for nonpayment of premium ; or ( ii ) thirty (30) days before the effective date of cancellation if we cancel for any other reason . (2) If we decide not to renew this policy, we will mail or deliver to the Named Insured (and , if required by applicable state law, the agent or broker of record ) written notice of nonrenewal at least forty-five (45) days prior to the expiration of the policy. (3) Any notice of cancellation or nonrenewal will be mailed or delivered to the Named Insured 's last mailing address known to us . If notice is mailed , proof of mailing will be sufficient proof of notice . PR 01051 0222 Page 3 of 4 (4) Nothing herein or in the "Controlling Underlying Policy" shall preclude our full compliance with all applicable state laws and regulations with respect to cancelation and non- renewal . F. Notice Upon knowledge of any direct physical loss or damage covered under this policy, or an occurrence likely to give rise to a claim for loss or damage covered under this policy, the Insured shall provide immediate written notice thereof to the Company as described in the Declarations . PR 01051 0222 Page 4 of 4 COMMUNICABLE DISEASE EXCLUSION ENDORSEMENT Form Number: PR 01105 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that : 1 . Notwithstanding anything to the contrary in this policy , the following Exclusion is added to this policy : COMMUNICABLE DISEASE EXCLUSION We will not pay for any loss , damage , liability , cost , or expense of any nature whatsoever directly or indirectly caused by , contributed to by , resulting from , arising out of or in connection with a " Communicable Disease" or the fear or threat (whether actual or perceived ) of a "Communicable Disease" regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 . Subject to all other terms , conditions and exclusions contained in this policy , this policy will cover physical damage to "Covered Property" and any "Time Element Loss" resulting directly therefrom ; provided such physical damage is directly caused by or arising from any of the following perils or causes of loss set forth in the Schedule below: Schedule : fire , lightning , explosion , aircraft , or vehicle impact , falling objects , windstorm , hail , tornado , cyclone , typhoon , hurricane , earthquake , seaquake , seismic and/or volcanic disturbance/eruption , tsunami , flood , freeze , ice storm , or weight of snow or ice , avalanche , meteor/asteroid impact , landslip , landslide , mudslide , bush fire , forest fire , riot , riot attending a strike , civil commotion , vandalism and malicious mischief 3 . For purposes of this Endorsement , the following terms shall be added to this policy : " Communicable Disease" means any disease which can be transmitted by means of any substance or agent from any organism to another organism where : (A) the substance or agent includes , but is not limited to , a virus , bacterium , parasite or other organism or any variation thereof, whether deemed living or not ; ( B) the method of transmission , whether direct or indirect, includes but is not limited to , airborne transmission , bodily fluid transmission , transmission from or to any surface or object, solid , liquid or gas or between organisms ; and ( C ) the disease , substance or agent can cause or threaten damage to human health or human welfare or can cause or threaten damage to , deterioration of, loss of value of, marketability of or loss of use of property. PR 01105 0222 Page 1 of 2 "Time Element Loss" means business interruption , contingent business interruption or any other consequential losses . The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01105 0222 Page 2 of 2 CYBER EXCLUSION ENDORSEMENT Form Number: PR 01106 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that : 1 . Notwithstanding anything to the contrary in this policy , the following Exclusion is added to this policy: CYBER EXCLUSION We will not pay for any loss , damage , liability , cost , or expense of any nature whatsoever directly or indirectly caused by , contributed to by , resulting from , arising out of or in connection with : (A) any loss of, alteration of, or damage to or a reduction in the functionality, availability , or operation of a " Computer System " , unless otherwise subject to the provisions of paragraph 2 below; and/or ( B ) any loss of use , reduction in functionality , repair, replacement , restoration , or reproduction of any " Data" , including any amount pertaining to the value of such " Data" . 2 . Subject to all other terms , conditions and exclusions contained in this policy , this policy will cover physical damage to "Covered Property" and any "Time Element Loss" resulting directly therefrom ; provided such physical damage is occasioned directly by any of the following perils or causes of loss set forth in the Schedule below: Schedule : fire , lightning , explosion , aircraft , or vehicle impact , falling objects , windstorm , hail , tornado , cyclone , hurricane , earthquake , volcano , tsunami , flood , freeze or weight of snow 3 . For purposes of this Endorsement , the following terms shall be added to this policy : "Computer System" means any computer, hardware , software , communications system , electronic device ( including , but not limited to , smart phone , laptop , tablet , wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output , data storage device , networking equipment or back up facility . " Data" means information , facts , concepts , code , or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted , PR 01106 0222 Page 1 of 2 or stored by a " Computer System" . "Time Element Loss" means business interruption , contingent business interruption or any other consequential losses . The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01106 0222 Page 2 of 2 HAZARDOUS MATERIAL EXCLUSION ENDORSEMENT Form Number: PR 01107 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that : 1 . The following Exclusion is added to this policy : HAZARDOUS MATERIALS EXCLUSION (A) We will not pay for loss or damages caused directly or indirectly by the actual , alleged or threatened discharge , dispersal , seepage , migration , release or escape of " Hazardous Materials" at any time . ( B ) We will not pay any loss , cost , or expense arising out of any : ( i ) request , demand , order, or statutory or regulatory requirement that any " Insured" or others test for, monitor, clean up , remove , contain , treat , detoxify or neutralize , or in any way respond to , or assess the effects of " Hazardous Materials" ; or ( ii ) claim or suit by or on behalf of a governmental authority for damages because of testing for, monitoring , cleaning up , removing , containing , treating , detoxifying or neutralizing , or in any way responding to , or assessing the effects of " Hazardous Materials" . (C) We will not pay for loss or damages caused directly or indirectly by any obligations to share damages with or indemnify another party who must pay damages because of injury or damage relating to " Hazardous Materials" . ( D ) We will not pay for loss or damages caused directly or indirectly by any supervision , instructions , recommendations , warnings , or advice given or which should have been given in connection with paragraphs (A) , ( B ) or (C) above . For purposes of this Exclusion , loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage . This Exclusion shall apply regardless of whether not any such " Hazardous Materials" have any function in your business , operations , premises , site , or location . 2 . This Exclusion shall supersede and take precedent over any other exclusion which PR 01107 0222 Page 1 of 2 addresses " Pollution" or " Hazardous Materials" . 3 . For purposes of this Endorsement , the following terms are added as follows : " Hazardous Materials" means " Pollutants" , lead , asbestos , silica , and materials containing " Pollutants" , lead , asbestos , or silica . " Pollutants" means : (A) any solid , liquid , gaseous , thermal , biological , or radioactive irritant or contaminant , including acids , alkalis , chemicals , fumes , smoke , soot , vapor, and waste ; and ( B ) electrical or magnetic emissions , whether visible or invisible , and sound emissions . Waste includes materials to be recycled , reclaimed , or reconditioned , as well as disposed of. The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01107 0222 Page 2 of 2 SERVICE OF SUIT ENDORSEMENT Form Number: PR 01201 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that : 1 . The Company , at the written request of the Named Insured , will submit to the jurisdiction of any court of competent jurisdiction within the United States with respect to any suit arising out of or relating to this policy and will comply with all requirements necessary to give such court jurisdiction over the Company regarding such suit. In any such suit , the Company will abide by the final decision of such courtor any appellate court of competent jurisdiction in the event of an appeal . 2 . Westfield Specialty , Inc . One Park Circle Westfield Center OH 44251 -5001 is authorized and directed to accept service of process on behalf of the Company in any such suit and , upon the written request of the Named Insured , to enter a general appearance upon the Company's behalf in the event such suit shall be instituted . 3 . Pursuant to any statute of any state , territory or district of the United States which makes provisions therefor, the Company hereby designates the Superintendent , Commissioner or Director of Insurance orother officer specified for that purpose in the statute , or his or her successor or successors in office , as its true and lawful attorney, upon whom may be served any lawful process in any suit instituted by or on behalf of the Company or any other beneficiary hereunder arising out of or related to this policy , and hereby designates Westfield Specialty, Inc . as the person to whom the said officer is authorized to mail such process or a true copy thereof. The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01201 0222 Page 1 of 1 TERRITORY COVERAGE LIMITATION ENDORSEMENT Form Number: PR 01202 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement: 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that: 1 . The following Condition is added to this policy: Territory Coverage Limitation The coverage territory under this policy is limited to : The Fifty (50) United States and the District of Columbia . 2 . The Condition set forth in 1 above shall supersede and take precedent over any other provision that addresses territories. The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms, conditions and limitations of this Policy shall remain unchanged . PR 01202 0222 Page 1 of 1 OCCURRENCE LIMIT OF INSURANCE (SCHEDULED) ENDORSEMENT Form Number: PR 01204 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that : 1 . The Limit of Insurance set forth on the Declarations of this policy is an amount per occurrence . In no event will the liability of this Company exceed this amount in any one covered loss , damage , disaster, or casualty , irrespective of the number of locations involved . 2 . The premium for this policy is based upon the Statement of Values on file with the Company. In the event of a covered loss , the covered loss sustained by individual items or elements of coverage will be individually adjusted for purpose of determining whether the individual value of the " Covered Property" ( hereinafter the " Covered Property Value") is greater or lesser than the actual adjusted amount of the loss or damage . As respects specifically scheduled items or elements of coverage that are identified in the most current Statement of Values on file with the Company , the "Covered Property Value" shall be the amount individually identified for each specifically scheduled item or element of coverage . As respects items or elements of coverage for which an individual amount is not shown on the most current Statement of Values or other documentation on file with the Company, the " Covered Property Value" of such items or elements of coverage shall be determined as follows : A. The value for each real property item will be developed by multiplying the total reported value for real property by the proportion that the square footage of the individual real property item to the total square footage of all real property contemplated in the total reported real property values ; B . The value of personal property at each location will be developed by multiplying the total reported personal property value by the proportion that the square footage of all real property at the individual location bears to the total square footage of all real property at all locations contemplated in the total reported personal property values ; and C . The value of business income and/or rental income at each location will be developed by multiplying the total reported business income and/or rental income value by the proportion that the square footage of all real property at the individual location bears to the total square footage of all real property at all locations contemplated in the total reported business income and/or rental income values . 3 . In the event of covered loss or damage , liability of the Company shall be limited to the least of the following : PR 01204 0222 Page 1 of 2 A. the actual adjusted amount of covered loss or damage , less any applicable deductible ; B . 100% of the total " Covered Property Value" of all items or elements of coverage that sustained a covered loss or damage in a single occurrence , less any applicable deductible ; or C . the Limit of Insurance or amount of insurance set forth on the Declarations for this policy . 4 . Occurrence , where used in this policy , means any one loss , damage , disaster, casualty, or series of losses , damages , disasters , or casualties arising out of one event. 5 . The duration and extent of any one occurrence will not exceed the total of all loss or damage sustained during any period of 168 consecutive hours from and by the same event , except with respect to loss or damage caused by or resulting from : A . Windstorm , hail , tornado , hurricane , and cyclone , including ensuing collapse and water damage ; any one occurrence will be limited to a period of 120 consecutive hours . B . Riot , riot attending strike , civil commotion , looting , theft , vandalism , and malicious mischief; any one occurrence will be limited to a period of 72 consecutive hours . C . Earth movement , earthquake , and fire following and directly occasioned by the earth movement or earthquake ; any one occurrence will be limited to any period of 168 consecutive hours . Losses arising from a combination of 2 or more causes of loss or damage as a result of the same event shall be considered as having arisen from one occurrence . Notwithstanding the foregoing , the hourly limitations stated above shall not be exceeded with respect to the applicable causes of loss or damage and no single occurrence shall encompass a time- period greater than 168 consecutive hours . The occurrence period defined in the " Controlling Insurance Policy" or other " Underlying Insurance" applies if it is shorter than the occurrence period shown paragraph 5 above . When filing proof of loss , the Insured may elect the moment at which the period of consecutive hours shall be deemed to have commenced , which may not be earlier than the time when the first loss or damage to "Covered Property" occurs . The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01204 0222 Page 2 of 2 POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE You are hereby notified that under the Terrorism Risk Insurance Act (the "Act" ) , as amended , you have a right to purchase insurance coverage for losses resulting from acts of terrorism . 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 . You should know that any coverage for losses caused by certified acts of terrorism is partially reimbursed by the United States under a formula established by federal law. However, your policy may contain other exclusions which might affect your coverage . Under this formula , the United States reimburses 80 % of covered terrorism losses exceeding the statutorily established deductible paid by the insurance company providing the coverage . The premium charged for this coverage is provided below and does not include any charges for the portion of loss covered by the federal government under the Act . You should know that the 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 in any one calendar year exceeds $ 100 billion . If the aggregate insured losses for all insurers exceed $ 100 billion in any one calendar year, your coverage may be reduced . ACCEPTANCE OR REJECTION OF TERRORISM INSURANCE COVERAGE Please "X" one of the boxes below and return this notice to the Insurer. I hereby elect to purchase terrorism coverage for a prospective premium of $ . X I hereby decline to purchase terrorism coverage for certified acts of terrorism . Accordingly , understand that I will have no coverage for losses resulting from certified acts of terrorism . Please see Policy Documentation Policyholder/Applicant's Signature Colorado Counties Casualty and Property Pool Print Name XAR-00002ND D Policy Number 01 /01 /2022 Date PR 01205 0222 Page 1 of 1 CERTFIED ACT OF TERRORISM EXCLUSION ENDORSEMENT Form Number: PR 01206 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that : 1 . This Endorsement documents that you have been offered " Certified Act of Terrorism" coverage and that you have declined such coverage . Accordingly , the following Exclusion is added to this policy : TERRORISM EXCLUSION We do not pay for loss or damage caused directly or indirectly by "Terrorism" . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage , except for ensuing fire , but only to the extent as required by state statute as indicated in paragraph 2 below. This exclusion also applies to any action taken in hindering or defending against an actual or expected incident of "Terrorism" . 2 . If an incident of "Terrorism " results in fire , we will pay for the loss or damage caused by that fire , to the extent as required by state statute . Such coverage for fire applies only to direct loss or damage by fire to " Covered Property" . 3 . For purposes of this Endorsement , the following terms are added to this policy : A. " Certified Act of Terrorism" means an act that is certified by the Secretary of the Treasury , in accordance with the provisions of the federal Terrorism Risk Insurance Act to be an act of terrorism pursuant to such Act . The criteria contained in the Terrorism Risk Insurance Act for a "certified act of terrorism" include the following : ( i ) The act resulted in insured losses in excess of $5 million in the aggregate , attributable to all types of insurance subject to the Terrorism Risk Insurance Act; and ( ii ) The act is a violent act or an act that is dangerous to human life , property or infrastructure and is 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 . B . "Terrorism" means a violent act or an act that is dangerous to human life , property or infrastructure that is committed by an individual or individuals and that appears to be part of an effort to coerce a civilian population or to influence the policy or affect the conduct of any government by coercion . PR 01206 0222 Page 1 of 2 "Terrorism " includes a " Certified Act of Terrorism" and acts : ( i ) that involve the use , release or escape of nuclear materials , or directly or indirectly result in nuclear reaction or radiation or radioactive contamination ; ( ii ) that are carried out by means of the dispersal or application of pathogenic or poisonous biological or chemical materials ; or ( iii ) in which pathogenic or poisonous biological or chemical materials are released , and it appears that one purpose of the terrorism was to release such materials . Multiple incidents of "Terrorism" which occur within a seventy-two-hour period and appear to be carried out in concert or to have a related purpose or common leadership shall be considered one incident . The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01206 0222 Page 2 of 2 MINIMUM EARNED PREMIUM ENDORSEMENT Form Number: PR 01291 0222 Policy Number: XAR-00002ND Issued To : Colorado Counties Casualty and Property Pool Issued By: Westfield Specialty Insurance Company Effective Date of Endorsement : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies insurance provided under the following : Excess Property Coverage Form It is agreed that the following Condition is added to this policy and shall supersede and take precedent over any other provision or condition that addresses minimum earned premium for this policy : Policy Premium and Minimum Earned Premium 1 . " Policy Premium" is the sum of all the following : A. "Total Policy Premium" as set forth on the Declarations ; B . any premium adjusted by endorsement ; and C . any premium adjustment developed by audit , if applicable . 2 . " Policy Earned Premium " is the sum of all the following A. The amount of " Policy Premium " , not designated as fully earned premium at inception or by endorsement , calculated for the policy period that has been earned based on the ratio of the time passed on the policy to the effective date of the policy ; and B . Any " Policy Premium" that is designated as fully earned premium at inception or by endorsement . 3 . If you cancel this policy , the return premium will be 90% of the unearned premium . However, as a minimum earned premium , we will retain no less than 90 % of the " Policy Premium" . 4 . If we cancel the policy for non- payment of premium , the earned premium will be computed pro rata based on the length of the cancelled policy term . However, as a minimum earned premium , we will retain no less than 35% of the " Policy Premium" . 5 . If we cancel the policy for any reason other than for non- payment of premium , the earned premium will be computed pro rata based on the length of the cancelled policy term and the minimum earned premium as stated in Paragraph 4 . above shall not apply . 6 . Any unearned premium will be returned as soon as practicable . The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage . All other terms , conditions and limitations of this Policy shall remain unchanged . PR 01291 0222 Page 1 of 1 FRAUD STATEMENTS FRAUD STATEMENT ( Not applicable in the states mentioned below where a specific warning applies.) Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, may be committing a fraudulent insurance act, and may be subject to a civil penalty or fine . Alabama Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or who knowingly presents false information in an application for insurance is guilty of a crime and may be subject to restitution, fines, or confinement in prison, or any combination thereof. Arkansas, District of Columbia, Louisiana, Rhode Island, West Virginia Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . Colorado It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance and civil damages . Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable for insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. Florida Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an application containing any false, incomplete, or misleading information is guilty of a felony of the third degree . Kansas Any person who, knowingly and with intent to defraud, presents, causes to be presented or prepares with knowledge or belief that it will be presented to or by an insurer, purported insurer, broker or any agent thereof, any written, electronic, electronic impulse, facsimile, magnetic, oral, or telephonic communication or statement as part of, or in support of, an application for the issuance of, or the rating of an insurance policy for personal or commercial insurance, or a claim for payment or other benefit pursuant to an insurance policy for commercial or personal insurance which such person knows to contain materially false information concerning any fact material thereto; or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act. Kentucky Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime . Maine It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines or denial of insurance benefits . Maryland Any person who knowingly or willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . New Jersey, New Mexico Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to civil fines and criminal penalties. Ohio Any person who, with intent to defraud or knowing that he is facilitating a fraud against an insurer, submits an application, or files a claim containing a false or deceptive statement is guilty of insurance fraud . PR 01297 0222 Page 1 of 2 Oklahoma WARNING : Any person who knowingly, and with intent to injure, defraud or deceive any insurer, makes any claim for the proceeds of an insurance policy containing any false, incomplete or misleading information is guilty of a felony. Oregon Any person who knowingly and with intent to defraud or solicit another to defraud the insurer by submitting an application containing a false statement as to any material fact may be violating state law . Pennsylvania Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties. Pennsylvania (Auto) Any person who knowingly and with intent to injure or defraud any insurer files an application or claim containing any false, incomplete or misleading information shall, upon conviction, be subject to imprisonment for up to seven years and the payment of a fine of up to $ 15,000. Tennessee, Virginia, Washington It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines and denial of insurance benefits . New York Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation . New York (Auto) Any person who knowingly makes or knowingly assists, abets, solicits or conspires with another to make a false report of the theft, destruction, damage or conversion of any motor vehicle to a law enforcement agency, the department of motor vehicles or an insurance company, commits a fraudulent insurance act, which is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the value of the subject motor vehicle or stated claim for each violation . PR 01297 0222 Page 2 of 2 NOTICE : THIS POLICY IS ISSUED ON A SURPLUS LINES BASIS BY AN APPROVED NON - LICENSED INSURER UNDER THE LAWS OF THE STATE IN WHICH THE NAMED INSURED ' S PRINCIPAL PLACE OF BUSINESS IS LOCATED AS SET FORTH IN THE DECLARATIONS . AS A RESULT , THIS POLICY AND ITS PREMIUM RATES ARE EXEMPT FROM THE INSURANCE REGULATORY FILING REQUIREMENTS OF SUCH STATE . IN CASE OF THE INSURER' S INSOLVENCY, THIS POLICY IS NOT COVERED BY ANY INSURANCE GUARANTY FUND OR ITS EQUIVALENT IN ANY STATE . PR 01298 0222 Page 1 of 1 U . S . TREASURY DEPARTMENT ' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of "national emergency" . OFAC has identified and listed numerous: • Foreign agents ; • Front organizations ; • Terrorists; • Terrorist organizations; and • Narcotics traffickers; as " Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http : //www.treas. gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered a blocked or frozen contract, no payments or premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. PR 01299 0222 Page 1 of 1 Westfield Specialty Insurance Company Signature Page In witness whereof, the Insurer has caused this policy to be signed by its President and Secretary. President Secretary j /icA, t:seic 1 1 PR 01401 0222 Page 1 of 1 Commercial Property - Claim Reporting and Claim Questions Options for Reporting a New Claim • Telephone : AIG CallOnesm : 800-931 -9546 24/7 , 365 days/year • Fax : 855-805-4125 • Email : Please send your email to: NewLoss- USproperty &energyaaig . com • Mail : P . O . Box 25967 , Shawnee Mission , KS 66225 Such notice shall include the Named Insured as shown on the Declarations, the policy number, the date of loss and a brief description of the potential claim . Options for Questions Regarding Existing/Previously Reported Claims For questions regarding existing claims, contact should be made directly via phone or email with the assigned AIG Examiner. However, in the instance where an AIG Examiner is unknown, please use the following methods to obtain the information: • Claim Service Center: 877-873-9972 • AIG CallOne :ne : 800-931 -9546 Ed . 04/19 SURPLUS LINES LICENSEE: CRC Corporate License 183767 This contract is delivered as a surplus line coverage under the Nonadmitted Insurance Act . The insurer issuin this contractILexinNsu ton gg is not licensed in Colorado but is an ELIGIBLE nonadmitted I N S U R A N C E insurer. There is no protection under the provisions of the CO SURPLUS LINES TAX- $ 1 ,680. 00 Member of A!G 'Colorado Insurance Guaranty Association Act' . LEXINGTON INSURANCE COMPANY ADMINISTRATIVE OFFICES : 99 HIGH STREET , BOSTON , MA 02110 ( hereinafter called the " Company " ) PROPERTY FOLLOW FORM EXCESS POLICY DECLARATIONS Policy Number : 0006893563 Renewal of : 0006893563 Item 1 . Named Insured : COLORADO COUNTIES CASUALTY AND PROPERTY POOL Address : 800 GRANT STREET, SUITE 400 DENVER, CO 80203 Item 2 . Policy Period : From : 01 /01 /2022 To : 01 /01 /2023 (At 12 : 01 A . M . Standard Time at the address as indicated in the Followed Policy . ) Item 3 . Limits of Liability : A . Company Occurrence Limit : 10 . 00 % being $ 2 , 500 , 000 part of $ 25 , 000 , 000 per Occurrence and in excess of the Underlying Limit B . Underlying Limit (Attachment Point ) : $ 25 , 000 , 000 per Occurrence and in the Annual Aggregate for Earth Movement, Flood and /or NOT APPLICABLE C . Company Aggregate Sublimit(s ) of Liability : if the words NOT COVERED are shown instead of a sublimitof liability or if a sublimit of liability is not shown, corresponding to any coverage or peril, then no coverage is provided for that coverage or peril under this Policy. 1 . Earth Movement : 10 . 00 % being $ 2 , 500, 000 part of $ 25 , 000 , 000 per Occurrence and in the Annual Aggregate 2 . Flood : 10 . 00 % being $ 2 , 500 , 000 part of $ 25 , 000 , 000 per Occurrence and in the Annual Aggregate 3 . Other Aggregated Coverage (s) /Peril (s) (if any) : NOT APPLICABLE NOT APPLICABLE % being SNOT APPLICABLE part of SNOT APPLICABLE per Occurrence and in the Annual Aggregate The Company 's participation as set forth herein under this Policy shall not be increased , for any reason , including : ( 1 ) the receivership, bankruptcy, insolvency, liquidation , or dissolution of any other Participating Insurer; ( 2 ) the denial or reservation of rights with LX 138036 ( 11 / 20) ©American International Group, Inc . Page 1 of 2 All Rights Reserved . respect to any claim by any other Participating Insurer ; ( 3 ) the cancellation , non - renewal , or other termination of any policy issued by any other Participating Insurer ; or (4) the inability , refusal , or failure , for any reason , of any other Participating Insurer to fulfill its duties or obligations under any policy or program . The Company' s liability is several , but not joint, under this Policy . Item 4 . Premium : Total Premium : $ 56 , 000 Terrorism Premium : $ DECLINED Minimum Earned Premium : 25 % of Total Premium Item 5 . Followed Policy : Insurance Company : UNDERWRITERS AT LLOYD ' S , LONDON Named Insured : COLORADO COUNTIES CASUALTY AND PROPERTY POOL Policy Period : From : 01 /01 /2022 To : 01 /01 /2023 Followed Policy Number: PW0330022 Item 6 . Forms Attached : See attached Forms Schedule IN WITNESS WHEREOF, we have caused this Policy to be signed on the Declarations by our President, Secretary and our duly authorized representative . 4 arg-4--na- das President Secretary This Policy shall not be valid unless signed at the time of issuance by our authorized representative. \ ‘%,1\4\\Zci\)i Authorized Representative Countersignature ( if applicable ) Date Countersigned At LX 138036 ( 11 / 20) ©American International Group, Inc . Page 2 of 2 All Rights Reserved . FORMS SCHEDULE Named Insured : COLORADO COUNTIES CASUALTY AND PROPERTY POOL Policy No : 0006893563 Effective Date : 01 /01 /2022 Form Number Edition Date Endorsement Number Title LX138036 11 /20 PROPERTY FOLLOW FORM EXCESS POLICY DECLARATIONS LX138037 11 /20 PROPERTY FOLLOW FORM EXCESS POLICY PR4266 12 / 14 001 TERRORISM EXCLUSION ENDORSEMENT NMA2918 08 /01 002 WAR AND TERRORISM EXCLUSION ENDORSEMENT NMA2914 01 /01 003 ELECTRONIC DATA ENDORSEMENT A PR4419 10/ 15 004 EQUIPMENT BREAKDOWN EXCLUSION ENDORSEMENT PR4259 07 / 14 005 ANTI -STACKING ENDORSEMENT PR8300 12 /07 006 CANCELLATION - ADDITIONAL PROVISIONS LM 138055 04/21 007 FUNGUS, MOLD OR SPORE ADDITIONAL COVERAGE ENDORSEMENT PR4225 07 / 13 008 ECONOMIC SANCTIONS ENDORSEMENT PR9015 04/ 16 009 POLLUTION , CONTAMINATION , DEBRIS REMOVAL EXCLUSION ENDORSEMENT PR4413 01 /20 010 OCCURRENCE LIMIT OF LIABILITY ENDORSEMENT PR9019 10/ 19 011 STANDARD PROPERTY CONDITIONS Y69859 02/98 012 PROPERTY MILLENNIUM ENDORSEMENT LM 138003 03/20 013 COMMUNICABLE DISEASE EXCLUSION LM 137987 03/20 014 HIGH HAZARD EARTHQUAKE ZONES DEFINITION ENDORSEMENT LM 138023 06/20 015 AIR SUPPORTED STRUCTURES EXCLUSION ENDORSEMENT DOC018 (Ed . 12/87) Page 1 of 2 LX0295 LM 138024 06/20 016 GRAIN ELEVATOR EXCLUSION ENDORSEMENT LM 138025 06/20 017 ( 1 ) DAMS, DIKES AND LEVEES AND ( 2) FILL BENEATH ANY BUILDINGS OR STRUCTURES EXCLUSION ENDORSEMENT LM 137993 03 /20 018 JOINT LOSS AGREEMENT ENDORSEMENT MANUSCRIPT 019 GENERAL CHANGE ENDORSEMENT MANUSCRIPT 020 SHARED COVERAGE DOC018 (Ed . 12/87) Page 2 of 2 LX0295 POLICYHOLDER NOTICE Thank you for purchasing insurance from a member company of American International Group , Inc. (AIG ) . The AIG member companies generally pay compensation to brokers and independent agents , and may have paid compensation in connection with your policy. You can review and obtain information about the nature and range of compensation paid by AIG member companies to brokers and independent agents in the United States by visiting our website at www . aig . com/producer-compensation or by calling 1 -800-706- 3102 . 91222 ( 9 / 16 ) Notice to Colorado Policyholders This contract is delivered as surplus line insurance under the ' Nonadmitted Insurance Act . ' The insurer issuing this contract is not admitted in Colorado but is an approved nonadmitted insurer . There is no protection under the provisions of the ' Colorado Insurance Guaranty Association Act . ' If this policy is written on a claims -made basis , the following applies : This policy is a claims - made policy which provides liability coverage only if a claim is made during the policy period or any applicable extended reporting period . Colorado Fraud Warning It is unlawful to knowingly provide false , incomplete , or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company . Penalties may include imprisonment , fines , denial of insurance , and civil damages . Any insurance company or agent of an insurance company who knowingly provides false , incomplete , or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies . Lexington INSURANCE Member of MG LEXINGTON INSURANCE COMPANY ADMINISTRATIVE OFFICES : 99 HIGH STREET , BOSTON , MA 02110 ( hereinafter called the " Company") PROPERTY FOLLOW FORM EXCESS POLICY I . INSURING AGREEMENT A . This Policy insures the Company' s share of direct physical loss or damage to property insured by the Followed Policy againstthe peril ( s ) the Company covers under this Policy and also insures business income and Additional Coverage (s ) /Coverage Extension (s ) , but only in accordance with the terms and conditions for the Additional Coverage ( s) /Coverage Extension (s) as set forth in t h e Followed Policy . B . The terms and conditions of the Followed Policy are incorporated as part of this Policy . Notwithstanding the foregoing sentence, if the terms and conditions of this Policy are inconsistent with the Followed Policy , the terms and conditions of this Policy shall apply . II . LIMITS OF LIABILITY A . Regardless of the number of Underlying Policies, locations for which coverage is provided , perils insured against or coverages provided , the Company 's share of the Company Occurrence Limit shown in Item 3 .A . of the Declarations ( hereinafter, the Occurrence Limit ) is the Company ' s maximum liability for any one Occurrence covered under this Policy . B . The Occurrence Limit applies in excess of the applicable Underlying Limit shown in Item 3 . B . of the Declarations and such Occurrence Limit only applies to coverages and perils covered under this Policy . If any coverage in the Underlying Policies is subject to : ( 1 ) a sublimit of liability or ( 2 ) is excluded by this Policy , the Company will recognize the reduction of the Underlying Limit by the payment or the obligation of the Underlying Insurers to pay such sublimit of liability or such excluded coverage . C . Except as provided under Subsection II . D . , this Policy shall not drop down ( meaning pay any amount below the Underlying Limit ) with respect to any coverage or peril in the Underlying Policies, whether or not an aggregate applies to such coverage or peril . D . Dropdown Provision : If coverage is provided under Item 3 . C . of the Declarations , upon reduction or exhaustion of the Underlying Aggregate Limit for Earth Movement , Flood o r Other Aggregated Coverage or Peril , whichever is applicable , by the payment or the obligation of the Underlying Insurers to pay such Underlying Aggregate Limit , the Company shall respond as excess of such reduced or exhausted Underlying Aggregate Limit . The Company's maximum liability is subject to its share of the remaining balance of the applicable Company Aggregate Sublimit of Liability as shown in Item 3 . C . of the Declarations . E . Whether or not the Underlying Aggregate Limit is reduced or exhausted , the LX 138037 ( 11 / 20) ©American International Group, Inc . Page 1 of 4 All Rights Reserved . deductible of the Followed Policy shall apply to each Occurrence. III . DEFINITIONS - Any term not defined in this Policy shall have the meaning assigned to such term in the Followed Policy . A . Followed Policy means the policy shown in Item 5 . of the Declarations . B . Participating Insurer means any insurer or other entity including , a captive or entity under a self-insured program , that shares in the liabilities under any policy or program related to the coverage provided under this Policy . C . Underlying Aggregate Limit means ( i ) the sum of the underlying aggregate limit ( s ) for each layer of underlying coverage for Earth Movement , ( ii ) the sum of the underlying aggregate limit ( s ) for each layer of underlying coverage for Flood or ( iii ) the sum of the underlying aggregate limit ( s ) for each layer of underlying coverage for the Other Aggregated Coverage or Peril , whichever is applicable . D . Underlying Insurers means all underlying insurers , including the insurer for the Followed Policy . E . Underlying Limit means the underlying limit (attachment point) shown in Item 3 . B . of the Declarations . F . Underlying Policies means all underlying policies, including the Followed Policy . IV . CONDITIONS A . CANCELLATION 1 . This Policy can be canceled by the First Named Insured by providing the Company with an advance written request for cancellation stating when the cancellation shall be effective . 2 . This Policy may be canceled by the Company by giving to the Insured at least ninety ( 90) days written notice of cancellation or in the case of non - payment of premium , at least ten ( 10) days ' written notice of cancellation . 3 . The cancellation will be effective even if the Company has not made or offered a refund . If notice is mailed , proof of mailing will be sufficient proof of notice . 4 . If this Policy is canceled , the Company will send the First Named Insured any premium refund due . If the Company cancels , the refund will be pro rata . If the First Named Insured cancels , earned premium will be calculated in accordance with the customary short-rate table and procedure , subject to the Minimum Earned Premium shown in Item 4 . on the Declarations . The cancellation will be effective even if the Company has not made or offered a refund . B . CHANGES IN TERMS OR CONDITIONS OF THE FOLLOWED POLICY If during the policy period , the terms or conditions of the Followed Policy are changed in any manner, the Insured shall as a condition precedent to its rights under this Policy give the Company written notice of the fu II particulars thereof immediately . If such changes restrict coverage, this Policy shall become subject to LX 138037 ( 11 / 20) ©American International Group, Inc . Page 2 of 4 All Rights Reserved . any such restrictions upon the effective date of the changes in the Followed Policy. If , however , such changes broaden coverage , this Policy shall become subject to any such changes upon the effective date of the changes in the Followed Policy , but only upon the condition that the Company agrees to follow such changes by written endorsement attached hereto and the Insured agrees to any additional premium and /or amendment of the provisions of this Policy required by the Company relating to such changes . Further , such broadened coverage is conditioned upon the Insured paying when due any additional premium required by the Company relating to such changes . C . MAINTENANCE OF UNDERLYING INSURANCE It is a condition of this Policy that the Underlying Policies shall be maintained in full force and effect . Failure to comply with the foregoing shall not invalidate this Policy, but in the event of such failure , the Company shall be liable only to the extent that the Company would have been liable had the Insured complied with this condition . D . MISREPRESENTATION AND FRAUD This entire Policy shall be void if , whether before or after a loss , the Insured has willfully concealed or misrepresented any material fact or circumstance concerning this insurance or the subject thereof, or the interest of the Insured therein , or in case of any fraud or false swearing by the Insured relating thereto . E . NOTICE OF CLAIM AND PROOF OF LOSS Notice of any claim which may affect this Policy shall be reported as soon as practicable to the Company in accordance with the reporting provisions made part of this Policy . The Company may also require a separate Proof of Loss in accordance with its requirements . F . SALVAGE AND RECOVERIES All salvages , recoveries , and payments , excluding proceeds from subrogation and underlying insurance recovered or received prior to a loss settlement under this Policy, shall reduce the loss accordingly . G . SERVICE OF SUIT In the event of the Company's failure to pay any amount claimed to be due hereunder , the Company , at the Insured 's request , will submit to the jurisdiction of a court of competent jurisdiction within the United States . Nothing in this condition constitutes or should be understood to constitute a waiver of the Company' s 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 Counsel , Legal Department , Lexington Insurance Company, 99 High Street , Boston , Massachusetts 02110 or his or her representative , and that in any suit instituted against the Company upon this Policy, the Company will abide by the final decision of such court or of any appellate court in the event of an appeal . Further, pursuant to any statute of any state, territory , or district of the United LX 138037 ( 11 / 20) ©American International Group, Inc . Page 3 of 4 All Rights Reserved . States which makes provision therefor , the Company hereby designates the Superintendent , Commissioner or Director of Insurance , or other officer specified for that purpose in the statute , or his or her successors in office as the Company' s true and lawful attorney upon whom may be served any lawful process in any action , suit or proceeding instituted by the Insured or on the I n su red ' s behalf or any beneficiary hereunder arising out of this Policy of insurance and hereby designate the above named Counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof . H . SUIT AGAINST COMPANY No suit , action or proceeding for the recovery of any claim under this Policy shall be sustainable in any court of law or equity unless the Insured shall have fully complied with all the requirements of this Policy , nor unless the same be commenced within twenty four ( 24) months next after the date of the loss , provided however, that if under the laws of the jurisdiction in which the property is located such time limitation is invalid , then any such claims shall be void unless such action , suitor proceedings is commenced within the shortest limit of time permitted by the laws of such jurisdiction . LX 138037 ( 11 / 20) ©American International Group, Inc . Page 4 of 4 All Rights Reserved . ENDORSEMENT #001 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY TERRORISM EXCLUSION ENDORSEMENT This endorsement modifies insurance provided by the Policy : This insurance does not cover loss or damage caused directly or indirectly by terrorism whether controlled or uncontrolled , proximate or remote , sudden or over any length of time , or which is contributed to or aggravated by any other cause or event . Such terrorism is excluded regardless of any other cause or event occurring concurrently or in any sequence with such terrorism . As used herein , terrorism means the use or threatened use of force or violence against a person or property, or commission of an act dangerous to human life or property , or commission of an act that interferes with or disrupts an electronic or communication system , undertaken by any person or group , whether or not acting on behalf of or in any connection with any organization , government , power , authority or military force, when the effect is to intimidate , coerce or harm : a . A government; b . The civilian population of a country, state or community; or c . Disrupt the economy of a country , state or community . So long as the Terrorism Risk Insurance Act of 2002 , and any revisions or amendments thereto is in effect (the " Act " ) , terrorism includes a certified act of terrorism defined by Section 102 . Definitions of the Act . All other terms and conditions of the Policy remain the same . \\4. Authorized Representative PR4266 ( 12/ 14) ©2014 American International Group , Inc. Page 1 of 1 All Rights Reserved . ENDORSEMENT #002 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY WAR AND TERRORISM EXCLUSION ENDORSEMENT (Applies to locations outside the United States of America , its territories and possessions ) This endorsement modifies insurance provided by the Policy : Notwithstanding any provision to the contrary within this insurance or any endorsement thereto, it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss : 1 . War , invasion , acts of foreign enemies , hostilities or warlike operations ( whether war be declared or not ) , civil war , rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power ; or 2 . Any act of terrorism . For the purpose of this endorsement an act of terrorism means an act including , but not limited to , the use of force or violence and /or the threat thereof , of any person or group (s ) of persons , whether acting alone or on behalf of or in connection with any organization (s ) or government (s), committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public , or any section of the public , in fear . This endorsement also excludes loss , damage, cost or expense of whatsoever nature directly or indirectly caused by , resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to 1 . and /or 2 . above . If the Underwriters allege that by reason of this exclusion , any loss, damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect . All other terms and conditions of the Policy remain the same . c\i\j\jk , Authorized Representative NMA2918 (08/ 2001 ) Page 1 of 1 LX8569 ENDORSEMENT #003 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY ELECTRONIC DATA ENDORSEMENT A 1 . Electronic Data Exclusion Notwithstanding any provision to the contrary within the Policy or any endorsement thereto , it is understood and agreed as follows : - a ) 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 therefrom , 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 ' . b ) However , in the event that a peril listed below results from any of the matters described in paragraph a ) above, this Policy , subjectto to all its terms , conditions a n d exclusions, will cover physical damage occurring during the Policy period to property insured by this Policy directly caused by such listed peril . Listed Perils : Fire , Explosion 2 . Electronic Data Processing Media Valuation Notwithstanding any provision to the contrary within the Policy or any endorsement thereto , it is understood and agreed as follows : - Should electronic data processing media insured by this Policy suffer physical loss or damage insured by this Policy , then the basis of valuation shall be the cost to repair, replace or restore such media to the condition that existed immediately prior to such loss or damage , including the cost of reproducing any ELECTRONIC DATA contained thereon , providing such media is repaired , replaced or restored . Such cost of reproduction shall include all reasonable and necessary amounts , not to exceed $ NOT COVERED any one loss , incurred by the Assured in recreating , gathering and assembling such ELECTRONIC DATA . If the media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank media . However this Policy does not insure any amount pertaining to the value of NMA 2914 ( 01 /01 ) ©American International Group , Inc . Page 1 of 2 All Rights Reserved such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated , gathered or assembled . Authorized Representative NMA 2914 ( 01 /01 ) ©American International Group , Inc . Page 2 of 2 All Rights Reserved ENDORSEMENT #004 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY EQUIPMENT BREAKDOWN EXCLUSION ENDORSEMENT This endorsement modifies insurance provided by the Policy : Notwithstanding any provision to the contrary within this Policy or any endorsement thereto it is agreed that this Policy excludes loss , damage, cost or expense of whatsoever nature caused by , resulting from or in connection with any of the following : 1 . Electrical injury or disturbance to electrical appliances , devices , or wiring caused by artificially generated electrical current , including electric arcing , that disturbs electrical devices , appliances , or wires . 2 . Mechanical breakdown , including rupture or bursting caused by centrifugal force . 3 . Explosion, rupture , or bursting of steam boilers, steam pipes, steam engines, or steam turbines owned or leased by the Insured , or operated under the control of the Insured . 4 . Any condition or event inside any steam boilers , steam pipes , steam engines , or steam turbines that causes loss or damage to such equipment. 5 . Any condition or event inside any hot water boilers or other water heating equipment that causes loss or damage to such boilers or equipment . However , if direct physical loss or damage not otherwise excluded by this Policy ensues from a n y of the excluded causes of loss enumerated in Paragraphs 1 - 5 above , the Company shall cover only such ensuing loss or damage. All other terms and conditions of the Policy remain the same . \, Authorized Representative PR4419 ( 10/ 15) ©2015 American International Group, Inc . Page 1 of 1 All Rights Reserved ENDORSEMENT #005 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY ANTI -STACKING ENDORSEMENT This endorsement modifies insurance provided by the Policy : The following condition is added to the Policy : If this insurance and any other insurance issued to the Insured by the Company or any entity that the Company controls, is controlled by or is under common control with applies to the same loss , claim , suit , occurrence or accident , whichever is applicable , then : 1 . The maximum limit of liability , or 2. The maximum sublimit of liability with respect to a specific coverage or specific Covered Cause of Loss or peril ; under all insurance available from the above entities in the aggregate will not exceed the h ig hest applicable limit of liability or highest applicable sublimit of liability available under any one policy . However , this condition does not apply to any other insurance issued to the Insured by the Company or any entity that the Company controls , is controlled by or is under common co ntro I with which is specifically written to be primary to , in excess of , or quota share with the Policy to which this endorsement is attached . All other terms and conditions of the Policy remain the same . Authorized Representative PR4259 ( 07 / 14 ) ©2014 American International Group , Inc. Page 1 of 1 All Rights Reserved . ENDORSEMENT #006 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY CANCELLATION - ADDITIONAL PROVISIONS This endorsement modifies insurance provided by the Policy : The Policy is amended as respects cancellation . The following additional provisions shall apply with respect to the cancellation provisions of this Policy : If this Policy covers any location or locations in " Tier 1 wind zone (s ) " as defined in this Policy , and the Policy is cancelled at the request of the Insured , the following provision will apply : If the Policy was in effect at any time during the period from June 1st to November 30th , the amount of premium we will return upon the Insured ' s cancellation of the Policy will be a percentage of the total premium , determined as follows : 1 Year Policy Number of Days Policy In Force Percentage of Premium to Be Returned 1 to 180 20 % 181 to 210 15 % 211to240 10 % 241 to 270 7 . 5 % 271 to 300 5 . 0 % 301 to 330 2 . 5 % 331 to 365 0 . 0 % If a coverage or location is added to or deleted from the Policy, each type of coverage or such location (s ) shall be underwritten separately and the rate will be determined based upon the characteristics of the risk . If a location within a " Tier 1 wind zone " is added to or deleted from the Policy , and coverage for that location existed at any time during the period from June 1st to November 30th , the premium to be returned for that location upon the Insured ' s cancellation of the Policy will be determined in accordance with the above table . If a location is not within a " Tier 1 wind zone" and is added to or deleted from the Policy , normal pro rata or short rate factors shall apply as provided by the Policy . All other terms and conditions of the Policy remain the same . Authorized Representative PR8300 ( 12/07) ©2007 American International Group , Inc. Page 1 of 1 All Rights Reserved . ENDORSEMENT #007 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY FUNGUS , MOLD OR SPORE ADDITIONAL COVERAGE ENDORSEMENT This endorsement modifies insurance provided by the Policy : SCHEDULE The following sublimit of liability is added to the Additional Coverages, Coverage Extensions , Global Coverage Extensions or other similar section of the Policy Declarations : Fungus, Mold or Spore Sublimit of Liability $ 100 , 000 Per Occurrence and in the Annual Aggregate This sublimit of liability is included within the Limit of Liability or Policy Limit and any other catastrophe sublimit of liability included in this Policy . The following provisions apply to Fungus, Mold or Spore and supersede any other provisions of this Policy to the contrary . I . The following exclusion is added to the Exclusions section , Perils Excluded section or other similar section of the Policy : • Notwithstanding any other provision of this Policy to the contrary, except as provided under Subsection II . herein and then only to the extent provided therein , the Co mpany does not insure any loss , cost , damage or expense , directly or indirectly, caused by , arising out of , attributable to , resulting from or occurring concurrently or in any sequence with Fungus , Mold or Spore . II . The following Additional Coverage is added to the Additional Coverages, Coverage Extensions , Global Coverage Extensions or other similar section of the Policy : • Subject to the Fungus, Mold or Spore sublimit of liability shown in the above Schedule , the Company will pay for direct physical loss or damage to Insured Property caused by or resulting from Fungus, Mold or Spore, when such Fungus, Mold or Spore is a direct result of a peril insured against under this Policy , not otherwise excluded , provided that , such Fungus, Mold or Spore loss or damage is reported to the Company within180 days after the date of such covered peril . III . The following definition is added to the Definitions section or other similar section and applies to this Policy and supersedes any similar definition of the Policy to the contrary : • Fungus, Mold or Spore means : Fungus includes, but is not limited to , any of the plants or organisms belonging to the major group fungi , lacking chlorophyll , and including Mold (s) , rusts, mildews , yeast , smuts and mushrooms . LM138055 ( 04/21 ) ©American International Group, Inc . Page 1 of 2 All Rights Reserved . Mold includes, but is not limited to , any superficial growth produced on damp or decaying organic matter or on living organisms, and Fungi that produce Mold (s ) . Spore includes any dormant or reproductive body produced by or arising or emanating out of any Fungus, Mold(s) , mildew, plants, organisms or microorganisms . All other terms and conditions of the Policy remain the same . \\t\tr Authorized Representative LM138055 ( 04/21 ) ©American International Group, Inc . Page 2 of 2 All Rights Reserved . ENDORSEMENT #008 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY ECONOMIC SANCTIONS ENDORSEMENT This endorsement modifies insurance provided by the Policy : The Insurer shall not be deemed to provide cover and the Insurer shall not 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 the Insurer, its parent company or its ultimate controlling entity to any sanction , prohibition or restriction under United Nations resolutions or t h e trade or economic sanctions, laws or regulations of the European Union or the United States of America . All other terms and conditions of the Policy remain the same . Authorized Representative PR4225 ( 07/ 1 3) ©2013 American International Group , Inc. Page 1 of 1 All Right Reserved . ENDORSEMENT #009 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY POLLUTION , CONTAMINATION , DEBRIS REMOVAL EXCLUSION ENDORSEMENT This endorsement modifies insurance provided by the Policy : 1 . Property Not Covered This Policy does not cover land , land values or water. 2 . Pollution and Contamination Exclusion . This Policy does not cover loss or damage caused by , resulting from , contributed to or made worse by actual , alleged or threatened release , discharge , escape or dispersal of CONTAMINANTS or POLLUTANTS , all whether direct or indirect, proximate or remote or in whole or in part caused by, contributed to or aggravated by any physical damage insured by this Policy . Nevertheless , if fire is not excluded from this Policy and a fire arises directly or indirectly from seepage or contamination or pollution , any loss or damage insured under this Policy arising directly from that fire is insured , subject to the provisions of this Policy . CONTAMINANTS or POLLUTANTS means any solid , liquid , gaseous or thermal irritant or contaminant , including smoke , vapor , soot , fumes , acids , alkalis , chemicals and waste , which after its release can cause or threaten damage to human health or human welfare or causes or threatens damage , deterioration , loss of value , marketability or loss of use to property insured hereunder , including , but not limited to , bacteria , virus , or hazardous substances as listed in the Federal Water, Pollution Control Act , Clean Air Act , Resource Conservation and Recovery Act of 1976 , and Toxic Substances Control Act or as designated by the U . S . Environmental Protection Agency . Waste includes materials to be recycled , reconditioned or reclaimed . This exclusion shall not apply when loss or damage is directly caused by fire , lightning , aircraft impact , explosion , riot , civil commotion , smoke , vehicle impact , windstorm , hail , vandalism , malicious mischief . This exclusion shall also not apply when loss or damage is directly caused by leakage or accidental discharge from automatic fire protective systems . 3 . Asbestos , Dioxin or Polychlorinated Biphenyls Exclusions This Policy does not cover - a ) Asbestos , dioxin or polychlorinated biphenyls ( hereinafter all referred to as " Materials ") removal from any good , product or structure unless the as bestos is itself damaged by fire , lightning , aircraft impact , explosion , riot , civil commotion , smoke , vehicle impact , windstorm or hail , vandalism , malicious mischief, or leakage or accidental discharge from automatic fire protective system . PR9015 ( 04/ 16) ©2016 American International Group , Inc. Page 1 of 2 LX1093 All Rights Reserved . b ) Demolition or increased cost of reconstruction , repair , debris removal or loss of use necessitated by the enforcement of any law or ordinance regulating such Materials ; c ) Any governmental direction or request declaring that such Materials present in or part of or utilized on any undamaged portion of the insured ' s property can no longer be used for the purpose for which it was intended or installed and must be removed or modified . The exception to exclusion 3 (a ) , above , does not apply to payment for the investigation o r defense of any loss, damage or any undamaged portion of the insured 's property that can no longer be used for the purpose for which it was intended 4 . Debris Removal Exclusion The Company will pay the expense within the sum insured to remove debris of insured property damaged or destroyed by an insured peril during the policy term . The Company will not pay the expense to : a ) Extract contaminants or pollutants from the debris; or b ) Extract contaminants or pollutants from land or water; or c ) Remove , restore or replace contaminated or polluted land or water; or d ) Remove or transport any property or debris to a site for storage or decontamination required because the property or debris is affected by pollutants or contaminants , whether or not such removal , transport , or decontamination is required by law or regulation . It is a condition precedent to recovery under this extension that the Company shall have paid or agreed to pay for direct physical loss or damage to the property insured hereunder and that the Insured shall give written notice to the Company of intent to claim for cost of removal of debris or cost to clean up not later than 180 days after the date of such physical loss or damage . 5 . Authorities Exclusion Notwithstanding any of the provisions of this Policy, the Company shall not be liable for loss , damage, costs, expenses, fines or penalties incurred or sustained by or imposed on the Insured at the order of any Government Agency , Court or other Authority arising from any cause whatsoever . All other terms and conditions of the Policy remain the same . \1/4\\ \\Vv„ Authorized Representative PR9015 ( 04/ 16) ©2016 American International Group , Inc. Page 2 of 2 LX1093 All Rights Reserved . ENDORSEMENT #010 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY OCCURRENCE LIMIT OF LIABILITY ENDORSEMENT This endorsement modifies insurance provided by the Policy : It is agreed that the following special terms and conditions apply to this Policy : 1 . The limit of liability or Amount of Insurance shown on the face of this Policy , or endorsed on this Policy, is the total limit of the Company 's liability applicable to each occurrence , as hereafter defined . Notwithstanding any other terms and conditions of this Policy to the contrary , in no event shall the liability of the Company exceed this limit or amount irrespective of the number of locations involved . The term " occurrence " shall mean any one accident, loss, disaster , casualty, incident or series of accidents, losses, disasters, casualties or incidents, including all resultant or concomitant insured losses , not otherwise excluded by this Policy and with respect to : A . Terrorism (to the extent terrorism is covered) , arises out of the same or related purpose or cause ; or B . Covered perils other than terrorism , arises out of a single event or originating cause . The occurrence must occur during the Policy Period . When the term applies to loss or losses from the perils of tornado , cyclone , hurricane , windstorm , hail , flood , earthquake , volcanic eruption , riot , riot attending a strike , civil commotion , vandalism and malicious mischief , or terrorism , to the extent any such peril ( s ) are covered , all losses arising from such peril (s) occurring during a continuous period of 72 hours shall be deemed to be a single occurrence. The Insured may elect the moment at which the 72 hour period shall be deemed to have commenced , which shall not be earlier than the time when the first loss occurs to the covered property, but no two such 72 hour periods shall overlap . If the occurrence commences during the Policy Period , then the Company shall treat the entire occurrence as occurring during the Policy Period . 2 . The premium for this Policy is based upon the most recent Statement of values on file with the Company . 3 . In the event of loss under the Policy, the liability of the Insurer (s) shall be limited to the least of the following : a ) The actual adjusted amount of loss , less applicable deductible(s ) ; or b ) Any other Limit of Liability or Sublimit of Insurance or Amount of Insurance specifically stated in this Policy to apply to any particular insured loss or coverage or location . PR4413 (01 /20) ©American International Group, Inc . Page 1 of 2 All Rights Reserved All other terms and conditions of the Policy remain the same . \\ILsic, Authorized Representative PR4413 (01 /20) ©American International Group, Inc . Page 2 of 2 All Rights Reserved ENDORSEMENT #011 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY STANDARD PROPERTY CONDITIONS This endorsement modifies insurance provided by the Policy : The following provisions are hereby made part of this Policy . These provisions shall take precedence if and to the extent there is a conflict with any other policy provision (s ) . MINIMUM EARNED PREMIUM CLAUSE In the event of cancellation of this Policy by the Insured , a minimum premium of $ 14 , 000 shall become earned , any provision of the Policy to the contrary notwithstanding . Failure of the Insured to make timely payment of premium shall be considered a request by the Insured for the Company to cancel on the Insured ' s behalf . In the event of such cancellation for non-payment of premium , the minimum earned premium shall be due and payable ; provided , however, such cancellation shall be rescinded if the Insured remits and the Company receives the full policy premium within 10 days after the date of issuance of the cancellation notice . Such remittance and acceptance by the Company shall not affect the minimum earned premium provision of this endorsement . In the event of any other cancellation by the Company, the earned premium shall be computed p ro - rata , not subject to the minimum earned premium . CANCELLATION CLAUSE Except and to the extent of the Minimum Earned Premium Clause which is part of this Policy , this clause supersedes other cancellation clauses made a part of this Policy . CANCELLATION : This Policy may be cancelled by the Insured by surrender thereof to the Company or by mailing to the Company written notice stating when thereafter such cancellation shall be effective . This Policy may be cancelled by the Company by mailing to the Insured , at the mailing address shown in this Policy or last known address, written notice , stating when , not less than 90 days thereafter ( 10 days for non-payment of premium ) such cancellation s ha II b e effective . Th e effectiveness of cancellation is not dependent on the return of unearned premium with the notice . Proof of mailing of notice as aforesaid shall be sufficient proof of notice. The effective date a n d hour of cancellation stated in the notice shall become the end of the policy period . Delivery of such written notice either by the Insured or the Company shall be equivalent to mailing . If the Insured cancels , earned premium shall be computed in accordance with the customary short rate table and procedure . If the Company cancels , earned premium shall be computed pro rata . Premium adjustment shall be made as soon as practicable after cancellation becomes effective . SERVICE OF SUIT CLAUSE In the event of failure of the Company to pay any amount claimed to be due hereunder , the Company, at the request of the Insured , will submit to the jurisdiction of a court of competent jurisdiction within the United States . Nothing in this condition constitutes or should be understood to constitute a waiver of the Company' s 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 PR 901 9 ( 10 / 19 ) ©American International Group , Inc. Page 1 of 3 LX1101 All Rights Reserved . the United States . It is further agreed that service of process in such suit may be made upon Counsel , Legal Department, Lexington Insurance Company, 99 High Street , Boston , Massachusetts 02110 or his or her representative, and that in any suit instituted against the Company upon this Policy, the Company will abide by the final decision of such court or of any appellate court in the event of an appeal . Further, pursuant to any statute of any state, territory, or district of the United States which makes provision therefor, the Company hereby designates the Superintendent, Commissioner or Director of Insurance , or other officer specified for that purpose in the statute , o r his or her successors in office , as its 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 any beneficiary hereunder arising out of this Policy of insurance , and hereby designates the above named Counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof . WAR RISK EXCLUSION CLAUSE The Company shall not be liable for any loss, caused directly or indirectly, by ( 1 ) hostile or warlike action in time of peace or war , whether or not declared , including action in hindering , combating or defending against an actual , impending or expected attack ( a ) by government or sovereign power (de ju re or de facto ) or by any authority maintaining or using military, naval or air forces ; or ( b ) by military , naval or air forces ; or (c ) by an agent of any such government, power, authority or force ( 2 ) any weapon of war employing atomic fission or radioactive force whether in time of peace or war , whether or not its discharge was accidental ; ( 3) insurrection , rebellion , revolution , civil war , usurped power , or action taken by government authority in hindering , combating , or defending against such an occurrence, seizure or destruction ; or ( 4) any consequence of any of the foregoing . NUCLEAR EXCLUSION CLAUSE The Company shall not be liable for loss by nuclear reaction or nuclear radiation or radioactive contamination all whether controlled or not, and whether such loss be direct or indirect, proximate or remote , or be in whole or in part caused by, contributed to, or aggravated by the peril (s ) insured against in this Policy . If the peril of fire is insured under this Policy , then , subject to the foregoing and all provisions of this Policy , direct loss by fire resulting from nuclear reaction or nuclear radiation or radioactive contamination is insured against by this Policy . This Policy does insure against loss or damage caused by sudden and accidental radioactive contamination , including resultant radiation damage , from material used or stored or from processes conducted on the Insured premises , provided that , at the time of such loss or damage , there is neither a nuclear reactor nor any new or used nuclear fuel on the Insured premises . SALVAGE AND RECOVERY CLAUSE All salvages , recoveries , and payments ( other than proceeds from subrogation and underlying insurance) , will accrue entirely to the benefit of the Company until the sum paid or payable by the Company is recovered or reduced as applicable . REQUIREMENTS IN CASE OF LOSS The Insured shall : 1 . Give prompt written notice of any loss or damage to the Company; 2 . Promptly contact the applicable authority having jurisdiction in the event a law has been broken , and promptly file a written report with such authority; PR 901 9 ( 10 / 19 ) ©American International Group , Inc. Page 2 of 3 LX1101 All Rights Reserved . 3 . Protect the property from further loss or damage ; 4 . Separate the damaged and undamaged personal property; 5 . Maintain such property in the best possible order; 6 . Furnish a complete inventory of the lost , destroyed , damaged and undamaged property, showing in detail quantities, costs , actual cash value and amount of loss claimed ; 7 . Furnish all other documents or insurance policies that the Company may reasonably require ; S . Allow the Company to access and inspect any of the damaged or undamaged property; and 9 . Submit to examination under oath at such times as may be reasonably required about any matter relating to this insurance or any claim . PROOF OF LOSS AND PAYMENT The Insured shall complete and sign a sworn proof of loss within sixty (60) days after the Company' s request stating the time and origin of the loss, the interest of the Insured and of all others in the property , the value of each item thereof determined in accordance with the Valuation conditions of this Policy and the amount of loss or damage thereto and all encumbrances thereon , all other contracts of insurance , whether collectible or not , covering any of said property and any changes in the title , use , occupation , location , possession or exposures of said property subsequent to the issuance of this Policy, by whom and for what purpose any building herein described and the several parts thereof were occupied at the time of loss whether or not it then stood on leased ground . All adjusted claims shall be due and payable thirty ( 30) days after the presentation and acceptance of satisfactory proof (s ) of loss sent to the Company at P . O . Box 25967 , Shawnee Mission , Kansas, 66225 . GOVERNMENT ACTIVITY CLAUSE The Company shall not be liable for any loss or damage caused directly or indirectly by the seizure , confiscation or destruction of insured property by any governmental body or public authority, including any customs or quarantine action . This exclusion shall not apply to an order or action of a governmental body or public authority to destroy insured property for the purpose of preventing the spread of fire or explosion nor to the enforcement of any law or ordinance relating to the construction or repair of damaged property as covered by DEMOLITION AND INCREASED COST OF CONSTRUCTION of this Policy . All other terms and conditions of the Policy remain the same . Ic ‘1/4\1\t 'S Authorized Representative PR 901 9 ( 10 / 19 ) ©American International Group , Inc. Page 3 of 3 LX1101 All Rights Reserved . ENDORSEMENT #012 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY PROPERTY MILLENNIUM ENDORSEMENT This endorsement modifies insurance provided by this Policy : A . The Insurer will not pay for Damage or Consequential Loss directly or indirectly caused by, consisting of , or arising from , the failure of any computer , data processing equipment , media microchip , operating systems , microprocessors (computer chip ) , integrated circuit or similar device , or any computer software , whether the property of the Insured or not , and whether occurring before , during or after the year 2000 that results from the inability to : 1 . correctly recognize any date as its true calendar date ; 2 . capture , save , or retain , and /or correctly manipulate , interpret or process any data or information or command or instruction as a result of treating any date other than its true calendar date ; and /or 3 . capture , save , retain or correctly process any data as a result of the operation of any command which has been programmed into any computer software , being a command which causes the loss of data or the inability to capture , save , retain or correctly process such data on or after any date . B . It is further understood that the Insurer will not pay for the repair or modification of any part of an electronic data processing system or its related equipment , to correct deficiencies or features of logic or operation . C . It is further understood that the Insurer will not pay for Damage or Consequential Loss arising from the failure , inadequacy , or malfunction of any advice , consultation , design , evaluation , inspection , installation , maintenance , repair or supervision done by the Insured or for the Insured or by or for others to determine , rectify or test , any potential or actual failure , malfunction or inadequacy described in A . above . Such Damage or Consequential Loss described in A , B, or C above , is excluded regardless of any other cause that contributed concurrently or in any other sequence . This endorsement shall not exclude subsequent Damage or Consequential Loss , not otherwise excluded , which itself results from a Defined Peril . Defined Peril shall mean fire , lightning , explosion aircraft or vehicle impact , falling objects , windstorm , hail , tornado , hurricane , cyclone , riot , strike , civil commotion , vandalism , malicious mischief , earthquake , volcano , tsunami , freeze or weight of snow . In consequence of all the foregoing the Annual Premium remains unaltered . 69859 (02/98) ©1998 American International Group , Inc. Page 1 of 2 All Rights Reserved . All other terms and conditions of the Policy remain the same . Authorized Representative 69859 (02/98) ©1998 American International Group , Inc. Page 2 of 2 All Rights Reserved . ENDORSEMENT #013 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY COMMUNICABLE DISEASE EXCLUSION This endorsement modifies insurance provided by this Policy : Notwithstanding any other provision of this Policy to the contrary, the Company does not insure any loss , cost , damage or expense , arising out of, attributable to , or occurring concurrently or in any sequence with a communicable disease . As used herein , communicable disease means any infectious or contagious substance : 1 . Including , but not limited to , a virus , bacterium , parasite or other organism or any mutation thereof, whether deemed living or not, and 2 . Regardless of the method of transmission , whether direct or indirect , including , but not limited to , airborne transmission , bodily fluid transmission , transmission from or to any surface or object , solid , liquid or gas or between humans, animals, or from any animal to any human or from any human to any animal , that can cause or threaten damage to human health or human welfare or causes or threatens damage , deterioration , loss of value, marketability or loss of use to tangible or intangible property insured hereunder . For avoidance of doubt , no coverage extension , additional coverage , global extension , exception to any exclusion or other coverage grant shall afford any coverage that would otherwise be excluded through this exclusion . For further avoidance of doubt , loss, cost , damage or expense, includes any cost to clean -up , detoxify , remove , monitor or test : ( 1 ) for a communicable disease or ( 2 ) any tangible or intangible property insured hereunder that is affected by such communicable disease . All other terms and conditions of the Policy remain the same . Authorized Representative LM 138003 ( 03/ 20) ©American International Group, Inc . Page 1 of 1 All Rights Reserved . ENDORSEMENT #014 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY HIGH HAZARD EARTHQUAKE ZONES DEFINITION ENDORSEMENT (NEW MADRID AND PACIFIC NORTHWEST) This endorsement modifies insurance provided by the Policy : New Madrid Earthquake Zone means the following counties and cities within the following states : Arkansas : Clay , Craighead , Crittenden , Cross , Greene , Jackson , Lawrence, Lee , Mississippi , Monroe , Poinsett, Prairie, Randolph , Sharp, St . Francis ; Illinois : Alexander, Bond , Clinton , Franklin , Hardin, Jackson , Jefferson , Johnson , Madison , Massac , Monroe , Perry, Pope , Pulaski , Randolph , Saline , St . Clair , Union , Washington , Williamson ; Indiana: Gibson , Pike , Posey, Vanderburgh , Warrick ; Kentucky : Ballard , Calloway , Carlisle , Fulton , Graves , Hickman , Livingston , Marshall , McCracken ; Mississippi : Bolivar , Coahoma , Desoto, Marshall , Tate , Tunica ; Missouri : Bollinger , Butler , Cape Girardeau , Dunklin , Franklin , Iron , Jefferson , Madison , Mississippi , New Madrid , Pemiscot , Perry, Reynolds, Scott, Stoddard , St . Charles , St . Francois, St . Genevieve , St . Louis , Warren , Washington , Wayne and the City of St . Louis ; Tennessee : Carroll , Crockett , Dyer , Fayette , Gibson , Hardeman , Haywood , Lake , Lauderdale , Madison , Obion , Shelby, Tipton , Weakley . To the extent that the New Madrid Earthquake Zone or equivalent zone otherwise defined in this Policy is broader than the counties and city listed within the states shown above , the New Madrid Earthquake Zone is deemed to include those additional geographic areas . Pacific Northwest Earthquake Zone means the following counties within the following states : Washington : Clallam , Clark , Cowlitz , Grays Harbor , Island , Jefferson , King , Kitsap , Kittitas , Lewis , Mason , Pacific , Pierce, San Juan , Skagit , Skamania , Snohomish , Thurston , Wahkiakum , and Whatcom ; and Oregon : Benton , Clackamas , Clatsop, Columbia , Coos , Curry , Douglas , Jackson , Josephine , Klamath , Lane , Lincoln , Linn , Marion , Multnomah , Polk, Tillamook , Washington , and Yamhill . If this Policy 's Coverage Territory includes Canada , then the Pacific Northwest Earthquake Zone (or equivalent zone) includes : The Province of British Columbia, Canada . LM 137987 ( 03/20 ) ©American International Group, Inc . Page 1 of 2 All Rights Reserved . To the extent that the Pacific Northwest Earthquake Zone or equivalent zone otherwise defined in this Policy is broader than the counties and province listed within the states as shown above, the Pacific Northwest Earthquake Zone is deemed to include those additional geographic areas . All other terms and conditions of the Policy remain the same . Authorized Representative LM 137987 ( 03/20 ) ©American International Group, Inc . Page 2 of 2 All Rights Reserved . ENDORSEMENT #015 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY AIR SUPPORTED STRUCTURES EXCLUSION ENDORSEMENT This endorsement modifies insurance provided by the Policy : The following property is added to the Property Excluded section , Property Not Covered section or similar section of the Policy : • Air Supported Structures . As used in this endorsement , Air Supported Structures means structures composed of air - pressurized membrane beams, arches or other elements to enclose space and where the shape of the structure is attained by air pressure . All other terms and conditions of the Policy remain the same . Authorized Representative LM 138023 ( 06 /20 ) ©American International Group, Inc . Page 1 of 1 All Rights Reserved . ENDORSEMENT #016 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY GRAIN ELEVATOR EXCLUSION ENDORSEMENT This endorsement modifies insurance provided by the Policy : The following property is added to the Property Excluded section , Property Not Covered section or similar section of the Policy : • Grain Elevators As used in this endorsement , Grain Elevator (s) means the entire grain elevator complex , including receiving and testing offices, weighbridge , storage facilities, and processing facilities , and further includes any facility, silo , tower or elevator designed to stockpile, store , process, deposit o r move grain . All other terms and conditions of the Policy remain the same . c\\\*.-Thc-___:_---- \e-4,-.3,,,„ Authorized Representative LM 138024 ( 06 /20 ) ©American International Group, Inc . Page 1 of 1 All Rights Reserved . ENDORSEMENT #017 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY ( 1 ) DAMS , DIKES AND LEVEES AND ( 2) FILL BENEATH ANY BUILDINGS OR STRUCTURES EXCLUSION ENDORSEMENT This endorsement modifies insurance provided by the Policy : The following property is added to the Property Excluded section , Property Not Covered section or similar section of the Policy : • Dams , dikes , levees , aqueducts and other surface containments . • Fill beneath any buildings or structures . All other terms and conditions of the Policy remain the same . ssSIN), e Authorized Representative LM 138025 ( 06 /20 ) ©American International Group, Inc . Page 1 of 1 All Rights Reserved . ENDORSEMENT #018 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY JOINT LOSS AGREEMENT ENDORSEMENT (BOILER & MACHINERY ) This endorsement modifies insurance provided by the Policy : In the event of direct physical loss or damage to Insured Property at an Insured Location that is also a location for which coverage is provided under an Equipment Breakdown or Boiler & Machinery Insurance policy ( hereinafter referred to as Boiler & Machinery Insurance Policy ) and there is a disagreement between the Insurers with respect to : 1 . Whether such loss or damage was caused by a peril insured against by this Policy or by an accident insured by such Boiler & Machinery Insurance Policy; or 2. The extent of participation of this Policy and of such Boiler & Machinery Insurance Policy in a loss which is insured against, partially or wholly, by any one or all of said policies; The Company shall , upon written request of the Named Insured , pay to the Named Insured o n e - half of the amount of the loss which is in disagreement, but in no event more than the Company would have paid if there had not been both insurance policies in effect , subject to the following conditions : 1 . The amount of the loss which is in disagreement , after making provisions for any undisputed claims payable under the said policies and after the total amount of the loss is agreed upon by the Named Insured and Insurers , is limited to the minimum amount remaining payable under either this Policy or the Boiler & Machinery Insurance Policy; 2. The Boiler & Machinery insurance company shall simultaneously pay to the Named Insured one -half of said amount which is in dispute ; 3. The payments by the Insurers hereunder and acceptance of the same by the Named Insured signifythe agreement of the Insurers to submit to and proceed with arbitration within 90 days of such payments; 4. The arbitrators shall be three in number , one of whom shall be appointed by the Boiler & Machinery insurer and one of whom shall be appointed by this Company and the third appointed by consent of the other two . If they cannot agree , either may request that the selection be made by a judge of a court having jurisdiction . The arbitrators will determine the amount of loss or damage payable by each Insurer . If they fail to agree , they will submit their differences to the umpire . A decision agreed to by any two of the three arbitrators shall be final and binding on the Insurers . Judgment upon such award may be entered in any court of competent jurisdiction; 5. Each party will pay its chosen arbitrator and bear the other expenses of the arbitration and umpire equally; 6. The Named Insured agrees to cooperate in connection with such arbitration but not to LM137993 ( 03/20 ) ©American International Group, Inc . Page 1 of 2 All Rights Reserved . intervene therein ; and 7. The provisions of this Endorsement shall not apply unless such other policy issued by the Boiler & Machinery insurance company contains a provision , by endorsement or otherwise , substantially similar to this endorsement . All other terms and conditions of the Policy remain the same . "\,.i - \Cee-r--• Authorized Representative LM137993 ( 03/20 ) ©American International Group, Inc . Page 2 of 2 All Rights Reserved . ENDORSEMENT #019 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY GENERAL CHANGE ENDORSEMENT This endorsement modifies insurance provided by the Policy : I . The sublimit in III .Y . of the Insuring Agreement is deleted in its entirety and is replaced with the following : Y . $ 1 ,000, 000 Errors and Omissions II . The following first paragraph is added to the Definitions/Provisions Section : The definitions and provisions are subject to the terms and conditions of this Policy, including but not limited to , the sublimits corresponding to each such provision and any other applicable sublimits or Deductibles shown elsewhere in this Policy . The sublimits corresponding to each such provision are the maximum amount the Company will pay for all loss or damage arising out of such specified additional coverages . Such sublimits are part of , and not in addition to the Policy Limit . III . The following definitions and provisions are added to the Definitions/Provisions Section : • INSURED LOCATION ( S) : a . The location ( s) within the TERRITORY described in the most recent Statement of Values on file with the Company, Unnamed Locations and locations as covered by the ERRORS AND OMISSIONS provision and NEWLY ACQUIRED PROPERTY provisions ; b . Unless otherwise set forth in the Statement of Values , each such Insured Location (s ) shall be comprised of any 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 ( 50) feet wide . Any bridge or tunnel crossing such street, space or waterway shall render such separation inoperative for the purpose of this definition . • EXPEDITING EXPENSE : This Policy is extended to cover the reasonable and necessary expediting expense (s) to : 1 . Make temporary repairs to Insured Property ; or 2 . Expedite the permanent repair or replacement of Insured Property; that has sustained direct physical loss or damage by a covered loss . MANUSCRIPT °American International Group, Inc . Page 1 of 6 All Rights Reserved • FINE ARTS : This Policy is extended to cover direct physical loss or damage to Fine Arts by a covered loss at an Insured Location . However, no coverage is provided for breakage unless such breakage is caused by a Defined Peril . The Company shall not be liable for loss or damage resulting from restoring , repairing or retouching Fine Arts . Fine Arts means paintings , etchings, pictures, tapestries , rare or art glass, art glass windows, valuable rugs, statuary, sculptures, antique furniture , antique jewelry, bric-a-brac , porcelains and similar property of rarity, historical value , or artistic merit, excluding automobiles, coins, stamps , furs , jewelry, precious stones, precious metals , watercraft , aircraft , money and securities . Fine Arts does not include any item which would qualify as Valuable Papers . • FIRE FIGHTING MATERIALS : This Policy covers the following expenses resulting from a covered loss at an Insured Location : a . Fire brigade charges and extinguishing expenses which the Insured incurs; b . Loss and disposal of fire extinguishing materials expended . There is no coverage for any costs incurred as a result of a false alarm . • INGRESS/EGRESS Subject to the EXCLUSIONS , CONDITIONS and LIMITATIONS of the Policy to which this extension is attached , if this Policy covers Business Interruption , it is extended to cover the loss sustained by the Insured due to the necessary interruption of the Insured ' s business due to prevention of ingress to or egress from an insured location , whether or not the premises or property of the Insured is damaged , provided that such prevention is a direct result of physical loss or damage of the type insured by this Policy, to property of the type insured by this Policy situated within one statute mile of the insured location . This extension does not insure loss resulting from : 1 ) lack of incoming or outgoing service consisting of electricity, fuel , gas , water , steam, refrigerant , sewerage and voice , data or video ; or 2 ) picketing or other action by strikers except for physical damage not excluded by this Policy . This Policy does not provide coverage under this extension for more than 28 consecutive days . • LOSS ADJUSTMENT EXPENSES/PROFESSIONAL SERVICES : This Policy is extended to include reasonable and necessary expenses incurred by the Insured for preparing and certifying particulars or details of the Insured 's claim required by the Company for which the Company has accepted liability in order to determine the amount of a covered loss payable under this Policy . This Policy is also extended to include reasonable and necessary fees charged by any independent property manager for handling the claim . MANUSCRIPT °American International Group, Inc . Page 2 of 6 All Rights Reserved There shall be no coverage under this Policy for expenses incurred by the Insured in utilizing the services of attorneys, public adjusters, insurance agents or brokers, or any of their subsidiary, related or associated entities , except that coverage is provided for expenses incurred by the Insured for its broker's forensic accounting units . This Policy also excludes any fees or costs for consultation on coverage or negotiation of claims . • SERVICE INTERRUPTION : This Policy is extended to cover physical loss or damage to Insured Property and actual loss of income and Extra Expense sustained by the Insured arising from an interruption in : ( 1 ) incoming electricity , gas, water , steam or refrigeration ; ( 2 ) the Insured ' s data , voice or video service ; or ( 3 ) outgoing sewerage , caused by a covered loss to a service provider 's property of the type insured under this Policy or to transmission , distribution or communication lines, situated outside the Insured Location . There shall be no loss payable under this provision unless the interruption exceeds a 24 consecutive hour period , hereinafter referred to as the Qualifying Period . If the loss exceeds the Qualifying Period then loss shall be measured from date and time of the interruption of service . However , such Qualifying Period does not apply if there is physical loss or damage to Insured Property caused by the interruption . The service interruption ends when : ( 1 ) incoming electricity , gas , fuel , steam , water or refrigeration ; ( 2) the Insured 's data , voice or video service ; or ( 3 ) outgoing sewerage service ; is restored . This period of time shall not be cut short by the end of the policy period . Notwithstanding the foregoing , the Company will not pay for any interruption intentionally caused by the Insured or any service provider . • UNNAMED LOCATION : Subject to the sublimit shown in Section III . of the Insuring Agreement , this Policy covers Real and Personal Property and related Business Interruption loss that occurs at Unnamed Locations owned by the Insured or for which the Insured is legally responsible. Unnamed Location means a location not included in the Schedule and /or on a separate schedule or Statement of Values on file with Underwriters and located within the TERRITORY. There is no coverage under this provision for any location which is covered under any other provision including but not limited to the Errors and Omissions extension . • DEFINED PERIL : The term " Defined Peril " means fire ; lightning ; explosion; Windstorm or Hail; Smoke ; Aircraft or Vehicle Impact Riot , Strike or Civil Commotion ; Vandalism and Malicious Mischief ; Collapse or Leakage from Fire Protection Equipment. • WINDSTORM OR HAIL : The term " Windstorm or Hail " means the direct action of wind or the direct action of Hail , whether accompanied by wind or not . However , Windstorm or Hail does not mean : i . Loss or damage caused by or resulting from frost or cold weather, ice (other than Hail), snow or sleet , whether driven by wind or not ; ii . Loss or damage to the interior of any building or structure , or the property inside the building or structure , caused by rain , snow , sand , or dust , whether driven by wind or not, unless the building or structure first sustains wind or Hail damage to its roof or walls through which the rain , snow , sand or dust enters; or MANUSCRIPT °American International Group, Inc . Page 3 of 6 All Rights Reserved iii . Loss or damage caused when the weight of snow, rainwater, ice or sleet is a contributing factor to the fall or Collapse of a building or structure or any part thereof, whether driven by wind or not . • HAIL : The term " Hail " means precipitation consisting of concentric layers of clear ice or compact snow . • COLLAPSE : The term " Collapse " means an abrupt falling down or caving in of a building or any part of a building or structure . • SMOKE : The term " Smoke " means loss or damage ensuing from a sudden and accidental release of smoke . The peril of Smoke does not include loss or damage caused by smoke from agricultural smudging or industrial operations . • AIRCRAFT OR VEHICLE IMPACT : The term " Aircraft or Vehicle Impact " means physical contact of an aircraft including a drone , spacecraft, self-propelled missile or objects falling therefrom , or of a vehicle or an object thrown up by a vehicle . • RIOT , STRIKE OR CIVIL COMMOTION : The term " Riot, Strike or Civil Commotion " means riot or civil commotion including , but not limited to : a . Acts of striking employees while occupying an Insured Location ; and b . Pilferage or looting occurring at the time and place of a riot or civil commotion . • VANDALISM AND MALICIOUS MISCHIEF : The term " Vandalism and Malicious Mischief" means willful and malicious damage to , or destruction of , Insured Property. Vandalism and Malicious Mischief does not include loss or damage caused by or resulting from theft , except for real property loss or damage caused by the breaking or exiting of burglars . • LEAKAGE FROM FIRE PROTECTION EQUIPMENT/LEAKAGE FROM FIRE PROTECTIVE EQUIPMENT : The terms " Leakage from Fire Protection Equipment " and " Leakage from Fire Protective Equipment " both mean direct physical loss or damage from : a . Water or other substances discharged from within any part of the Fire Protection Equipment or Fire Protective Equipment for the Insured Location or for any adjoining locations; and/or b . Collapse or fall of tanks forming a part of the Fire Protection Equipment, Fire Protective Equipment or the component parts or supports of such tanks . The term Fire Protection Equipment is synonymous with the term Fire Protective Equipment and includes tanks, water mains, hydrants or valves, and any other equipment whether used solely for fire protection or jointly for fire protection and for other purposes, but does not include : a . Branch piping from a joint system where such branches are used entirely for purposes other than fire protection ; b . Any underground water mains or appurtenances located outside of the Insured Location and forming a part of the public water distribution system ; or c . Any pond or reservoir in which the water is impounded by a dam . • ELECTRONIC DATA AND MEDIA : The term " Electronic Data and Media " consists of : MANUSCRIPT °American International Group, Inc . Page 4 of 6 All Rights Reserved a . Electronic Data , meaning data, messages, information , coding , programs, instructions or software stored in a form suitable for communications, storage or processing by electronic, electromechanical , electromagnetic data processing or electronically controlled production equipment ; and b . Media , meaning the electronic storage media upon which Electronic Data is stored . Electronic Data and Media does not include Valuable Papers . • CONTRACTOR' S EQUIPMENT : The term " Contractor's Equipment" means equipment owned , leased or operated by contractors and/or subcontractors for new construction , additions, alterations or repairs at an Insured Location to the extent of the Insured 's legal liability for direct physical loss or damage to such property . III . The VALUABLE PAPERS Definition /Provision is deleted in its entirety from the Definitions/Provisions Section and is replaced with the following : VALUABLE PAPERS : This Policy is extended to cover direct physical loss or damage to Valuable Papers by a covered loss . Valuable Papers means documents that are written , printed or otherwise inscribed . These include: a . Books , manuscripts, abstracts, maps and drawings; film and other photographically produced records, such as slides and microfilm ; b . Legal and financial agreements such as deeds and mortgages; c . Add ressog raph plates ; and d . Any data stored on printouts or punched cards . Valuable Papers does not include money and securities , Fine Arts or Electronic Data and Media . IV . The following items are added to the Excluded Perils Section : • General Liability , casualty, and all other indirect, remote, or consequential loss or damage . • Errors in design , installation , and/or construction . • Any ensuing loss or damage to property not covered or away from the Insured Location , notwithstanding any other provision herein . • Equipment Breakdown V . The following items are added to the Excluded Property Section : • The Insured ' s materials, equipment, machinery and supplies designated for use in construction or installation projects at locations other than Insured Locations when such materials, equipment , machinery and supplies are away from the Insured Location . VI . Subsection 1 . A . NEWLY ACQUIRED PROPERTY of the Conditions Section is deleted in its entirety and is replaced with the following : A . NEWLY ACQUIRED PROPERTY : MANUSCRIPT °American International Group, Inc . Page 5 of 6 All Rights Reserved This Policy covers direct physical loss or damage by a covered loss to real and personal property of the type insured under this Policy that is rented , leased , purchased or acquired by the Insured after the inception date of this Policy and within the Territory . Coverage under this extension ceases at the earliest of the following dates : 1 . Ninety ( 90) days from the date of rental , lease , purchase or acquisition of such property; 2 . When such newly acquired property is bound by the Company ; 3 . The Company notifies the Insured that it will not bind the coverage for such property; or 4 . When this Policy is cancelled or expires . There is no coverage under this subparagraph for loss or damage which is covered under the ERRORS AND OMISSIONS or UNNAMED LOCATIONS provisions . VII . The following clause is added to REPORTING REQUIREMENTS in the Conditions Section : • Any counties to be added during the policy period must be reported to Lexington and approved before coverage can be considered bound . All other terms and conditions of the Policy remain the same . c\CA3,t..- Authorized Representative MANUSCRIPT °American International Group, Inc . Page 6 of 6 All Rights Reserved ENDORSEMENT #020 This endorsement, effective 12 : 01 AM , 01 /01 /2022 Forms a part of Policy No . : 0006893563 Issued to : COLORADO COUNTIES CASUALTY AND PROPERTY POOL By : LEXINGTON INSURANCE COMPANY SHARED COVERAGE This endorsement modifies insurance provided by the Policy : The following provision is added at the end of the Policy ' s Named Insured Endorsement ( currently Endorsement B) : All coverage under this Policy is provided on a shared basis unless a specific per entity or per member amount is listed in the Policy . In the event of a single Occurrence that causes direct physical loss or damage to property of more than one individual Named Insured , it is possible that the applicable shared limit of liability or shared sublimit ( s ) of liability ( whether per Occurrence or an Annual Aggregate basis ) , will be insufficient to fully indemnify the loss or damage as sustained by multiple individual Named Insureds . If the applicable limit of liability or sublimit is insufficient, the amount recoverable by each individual Named Insured will be prorated among all loss participants as determined by County Technical Services , Inc . As a result , a delay in the reporting of claims by any individual Named Insured could reduce or eliminate such individual Named Insured ' s recovery under this Policy . All other terms and conditions of the Policy remain the same . Authorized Representative MANUSCRIPT ©American International Group, Inc . Page 1 of 1 All Rights Reserved . This Declaration Page is attached to and forms part of Certificate Provisions. Account ID 900046 Name and address of the Insured Producer Colorado Counties Casualty Paul Martin and Property Pool CRC Group Birmingham AL 800 Grant Street Suite 400 1 Mettroplex Drive , Suite 400 Denver, CO 80203 Birmingham , AL 35209 Effective from 1 /1 /2022 to 1 /1 /2023 ; Both days at 12 : 01 a . m . , standard time at the Insured 's mailing address. This Policy consists of the following coverage parts for which a premium is indicated . This premium may be subject to adjustment. COMMERCIAL PROPERTY COVERAGE Insurer Certificate/Policy No . Premium Palms Insurance Company, Limited PU/1 -00066-00 Property $ 52, 000 42 Edward Street, APO 10193 , TRIA $ George Town , Grand Cayman KY- 10002, Inspection Fee $ Cayman Islands Total $ 52,000 Minimum Earned Premium $ 18,200 E Dated 3/15/2022 by Program Managers for the Compan (ies) : CRC Insurance Services, Inc. , 1 Metroplex Drive , Suite 400, Birmingham , AL 35209 and AmRisc, LLC , 20405 SH 249 , Suite 430 , Houston , TX 77070 The Program Managers are not an insurer hereunder and neither is nor shall be liable for any loss or claim whatsoever. Reserved for state stamp , if applicable . SURPLUS LINES LICENSEE : CRC Corporate License 183767 This contract is delivered as a surplus line coverage under the 'Nonadmitted Insurance Act' . The insurer issuing this contract is not licensed in Colorado but is an ELIGIBLE nonadmitted insurer. There is no protection under the provisions of the 'Colorado Insurance Guaranty Association Act'. CO SURPLUS LINES TAX-$ 1 , 560. 00 Spectrum Dec 08 21 SCHEDULE OF FORMS AND ENDORSEMENTS Account No. Named Insured 900046 Colorado Counties Casualty and Property Pool Forms and Endorsements Spectrum Dec 08 21 Spectrum Declaration Page Forms Schedule Schedule of Forms and Endorsements Change End Page Policy Endorsement Page Spectrum PFF Spectrum Participation Follow Form Endorsement Spectrum SOS 08 21 Spectrum Service of Suit Clause LMA5393 25Mar2020 Communicable Disease Endorsement LMA3100 15Sept2010 Sanction Limitation and Exclusion Clause IL P 001 01 04 OFAC Advisory Notice to Policyholders LSW1001INS 08/94 Several Liability Notice NMA2918 08Oct2001 War and Terrorism Exclusion Endorsement Spectrum NCBR 08 21 Spectrum Chemical, Biological , Nuclear and Radioactive Explosion , Pollution or Contamination Exclusion Clause Spectrum Asbestos 08 21 Spectrum Asbestos Endorsement Spectrum Claim 08 21 Spectrum Claims Reporting and Adjustment LMA5400 11Nov2019 Property Cyber and Data Endorsement Spectrum OLLE 08 21 Spectrum Occurrence Limit of Liability Spectrum TRIA EXCL 08 21 Exclusion of Certified Acts of Terrorism Additional Miscellaneous Forms Forms Schedule THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Endorsement 1 This endorsement, effective on 1/1/2022, at 12 : 01 a . m . standard time, forms a part of account number 900046. 1 . All endorsements added to this Policy will supersede any waiver provision embedded in the Primary/Underlying policy 2 . Item 2 . b . on Form Spectrum OLLE 08 21 " Occurrence Limit of Liability" is deleted in its entirety 3 . The complete Named Insured listing ( if any) is per schedule on file with the Program Manager. All other terms, conditions and exclusions of the policy remain the same. Change End . Page THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. PARTICIPATION FOLLOW FORM ENDORSEMENT The Limit(s) of Insurance, Sublimit(s) , and Deductibles provided by this Policy, including any Endorsements thereto, represent 100 % of all participating carriers ; unless indicated otherwise . The Program Manager Companies ' total combined participation shall be per the Participation provisions stated below. PARTICIPATION In the event of loss, this Policy' s retained proportionate share of the Limit of Insurance and Sublimit(s) shall not exceed : Primary Layer: 0 % Quota Share; being $ 0 part of $ 0 of the total of the Limit of Liability, which, in turn, is excess of any applicable Deductible. Excess Layer : 10 .00 % Quota Share; being $ 2 , 500,000 part of $ 25 ,000 ,000 excess of $ 25 , 000,000, which, in turn, is excess of any applicable Deductible. This policy, to which this endorsement is attached, shall run concurrently with and be subject to the same terms, provisions and limitations of the policy listed below (which shall be on file with the Program Manager) , except as regards premium amount and limits of liability, or as may endorsed hereon : Insurer : ASPEN Policy No : PX00K6222 All other terms, conditions and exclusions of the policy remain the same. Spectrum PFF 08 21 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. SERVICE OF SUIT CLAUSE ( U .S.A. ) This Service of Suit Clause will not be read to conflict with or override the obligations of the parties to arbitrate their disputes as provided for in any Arbitration provision within this Policy. 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 ( or reinsurance ) . It is agreed that in the event of the failure of the Underwriters hereon 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 service of process in such suit may be made upon Attn : General Counsel Palms Insurance Company, Limited 700 Universe Boulevard, Juno Beach, FL 33408 and that in any suit instituted against any 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 therefor, 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. LMA5020 14 Sept . 2005 All other terms, conditions and exclusions of the policy remain the same. Spectrum SOS 08 21 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMMUNICABLE DISEASE ENDORSEMENT ( For use on property policies) 1 . This policy, subject to all applicable terms , conditions and exclusions , covers losses attributable to direct physical loss or physical damage occurring during the period of insurance . Consequently and notwithstanding any other provision of this policy to the contrary, this policy does not insure any loss , damage, claim , cost , expense or other sum , directly or indirectly arising out of, attributable to, or occurring concurrently or in any sequence with a Communicable Disease or the fear or threat (whether actual or perceived ) of a Communicable Disease . 2 . For the purposes of this endorsement, loss , damage , claim , cost , expense or other sum , includes , but is not limited to, any cost to clean - up , detoxify, remove , monitor or test : 2 . 1 . for a Communicable Disease , or 2 . 2 . any property insured hereunder that is affected by such Communicable Disease . 3 . As used herein , a Communicable Disease means any disease which can be transmitted by means of any substance or agent from any organism to another organism where : 3 . 1 . the substance or agent includes , but is not limited to, a virus , bacterium , parasite or other organism or any variation thereof, whether deemed living or not, and 3 . 2 . the method of transmission , whether direct or indirect, includes but is not limited to, airborne transmission , bodily fluid transmission , transmission from or to any surface or object , solid , liquid or gas or between organisms , and 3 . 3 . the disease , substance or agent can cause or threaten damage to human health or human welfare or can cause or threaten damage to, deterioration of, loss of value of, marketability of or loss of use of property insured hereunder. 4 . This endorsement applies to all coverage extensions , additional coverages , exceptions to any exclusion and other coverage grant (s ) . All other terms, conditions and exclusions of the policy remain the same . LMA5393 25 March 2020 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Sanction Limitation and Exclusion Clause 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 , United Kingdom or United States of America . LMA3100 15 September 2010 All other terms, conditions and exclusions of the policy remain the same . THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. U . S . TREASURY DEPARTMENT' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents ; • Front organizations ; • Terrorists ; • Terrorist organizations ; and • Narcotics traffickers ; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury's web site — http ://www.treas . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply. All other terms, conditions and exclusions of the policy remain the same . IL P 001 01 04 © ISO Properties , Inc. , 2004 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. SEVERAL LIABILITY NOTICE The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions . The subscribing insurers are not responsible for the subscription of any co - subscribing insurer who for any reason does not satisfy all or part of its obligations . 08 / 94 LSW1001 ( Insurance ) All other terms, conditions and exclusions of the policy remain the same . THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. WAR AND TERRORISM EXCLUSION ENDORSEMENT Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance 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 contributing concurrently or in any other sequence to the loss; ( 1 ) war, invasion , acts of foreign enemies , hostilities or warlike operations (whether war be declared or not) , civil war, rebellion , revolution , insurrection , civil commotion assuming the proportions of or amounting to an uprising , military or usurped power ; or (2 ) any act of terrorism . For the purpose of this endorsement an act of terrorism means an act , including but not limited to the use of force or violence and / or the threat thereof , of any person or group (s ) of persons , whether acting alone or on behalf of or in connection with any organisation (s ) or government(s ) , committed for political , religious , ideological or similar purposes including the intention to influence any government and /or to put the public , or any section of the public , in fear. This endorsement also excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to ( 1 ) and / or (2 ) above . If the Underwriters allege that by reason of this exclusion , any loss , damage, cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable, the remainder shall remain in full force and effect. NMA2918 08 / 10 / 2001 All other terms, conditions and exclusions of the policy remain the same . THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. CHEMICAL, BIOLOGICAL , NUCLEAR AND RADIOACTIVE EXPLOSION , POLLUTION OR CONTAMINATION EXCLUSION CLAUSE Notwithstanding any provision to the contrary within this Policy or any endorsement thereto , this Policy excludes absolutely any, loss, damage , cost , claim , expense , sum or other obligation of any kind or description directly or indirectly caused by, contributed to, resulting from , or arising out of or in connection with actual , threatened , feared or perceived use of any biological , chemical , radioactive or nuclear agent , material , device or weapon regardless of any other cause or event that contributes concurrently or in any sequence thereto . The above exclusion also applies to any act of Terrorism . For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force or violence and / or the threat thereof, of any person or group ( s ) of persons , whether acting alone or on behalf of or in connection with any organisation ( s ) or government ( s ) , committed for political , religious, ideological or similar purposes including the intention to influence any government and / or to put the public , or any section of the public , in fear . All other terms, conditions and exclusions of the policy remain the same. Spectrum NCBR 08 21 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ASBESTOS ENDORSEMENT A . This Policy only insures asbestos physically incorporated in an insured building or structure , and then only that part of the asbestos which has been physically damaged during the policy period by one of these Listed Cause of Loss : Fire , explosion , lightning , direct impact of vehicle , aircraft or vessel ; riot or civil commotion ; vandalism or malicious mischief; and accidental discharge of fire protective equipment . This coverage is subject to all limitations in the policy to which this endorsement is attached and , in addition , to each of the following specific limitations : 1 . The said building or structure must be insured under this policy for damage by that Listed Cause of Loss . 2 . The Listed Causes of Loss must be the immediate , sole cause of the damage to the asbestos . 3 . The Insured must report to Underwriters the existence and cost of the damage as soon as practicable after the Listed Cause of Loss first damaged the asbestos . However, this policy does not insure any such damage first reported to Underwriters more than 12 ( twelve ) months after the expiration , or termination , of the policy period . 4 . Insurance under this policy in respect of asbestos shall not include any sum relating to : a . any faults in the design , manufacture or installation of the asbestos . b . asbestos not physically damaged by the Listed Cause of Loss including any governmental or regulatory authority direction or request of whatsoever nature relating to undamaged asbestos . Except as set forth in the foregoing Section A, this policy excludes absolutely any , loss , damage , cost, claim , expense , sum or other obligation of any kind or description directly or indirectly caused by, contributed to , resulting from , or arising out of or in connection with asbestos or asbestos -containing material . All other terms, conditions and exclusions of the policy remain the same. Spectrum Asbestos 08 21 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Claims Reporting and Adjustment All Claims shall be reported to : AmRisc, LLC Claims Department E- Mail : Claims@AmRisc . com Phone : 252-247-8796 Fax : 252-726-2855 Web : https ://www . amriscgroup . com/claims All Claims shall be adjusted by : Sedgwick Delegated Authority 12650 Ingenuity Drive, Suite 200 Orlando, FL 32804 and/or its assigned adjusters and the costs of such adjustments shall be borne by each Company in proportion to its pro- rata participation in this policy. In the event the Company( s) elects to use its own adjusters or independent adjusters or consultants other than as listed above, expenses so incurred shall be borne solely by the Company. It is further understood and agreed that, notwithstanding any provision contained elsewhere in this policy to the contrary, the Insured will be deemed to be in full compliance with any claim notice requirements, if notice of an occurrence is made to the Company( ies) as soon as practicable after knowledge by the Insured or their representatives, that such occurrence will , or is likely to result in a claim under the policy. Any unintentional failure to report any occurrence or claim shall not invalidate coverage with respect to any such occurrence or claim . All other terms, conditions and exclusions of the policy remain the same. Spectrum Claims 08 21 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. PROPERTY CYBER AND DATA ENDORSEMENT 1 . Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any : 1 . 1 Cyber Loss, unless subject to the provisions of paragraph 2; 1 . 2 loss, damage, liability, claim , cost, expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any loss of use, reduction in functionality, repair, replacement, restoration or reproduction of any Data, including any amount pertaining to the value of such Data, unless subject to the provisions of paragraph 3; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 . Subject to all the terms, conditions, limitations and exclusions of this Policy or any endorsement thereto, this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident, unless that Cyber Incident is caused by, contributed to by, resulting from, arising out of or in connection with a Cyber Act including, but not limited to, any action taken in controlling, preventing, suppressing or remediating any Cyber Act. 3 . Subject to all the terms, conditions, limitations and exclusions of this Policy or any endorsement thereto, should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back- up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating, gathering or assembling the Data . If such media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data, to the Insured or any other party, even if such Data cannot be recreated, gathered or assembled . 4. In the event any portion of this endorsement is found to be invalid or unenforceable, the remainder shall remain in full force and effect . 5 . This endorsement supersedes and, if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss, Data or Data Processing Media, replaces that wording. Definitions 6 . Cyber Loss means any loss, damage, liability, claim, cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including, but not limited to, any action taken in controlling, preventing, suppressing or remediating any Cyber Act or Cyber Incident. 7 . Cyber Act means an unauthorised, malicious or criminal act or series of related unauthorised, malicious or criminal acts, regardless of time and place, or the threat or hoax thereof involving access to, processing of, use of or operation of any Computer System . 8 . Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to, processing of, use of or operation of any Computer System ; or 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access, process, use or operate any Computer System . 9 . Computer System means : 9 . 1 any computer, hardware, software, communications system , electronic device ( including, but not limited to, smart phone, laptop, tablet, wearable device ), server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device, networking equipment or back up facility, owned or operated by the Insured or any other party. 10 . Data means information, facts, concepts, code or any other information of any kind that is recorded or transmitted in a form to be used, accessed, processed, transmitted or stored by a Computer System 11 . Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself. LMA5400 11 November 2019 All other terms, conditions and exclusions of the policy remain the same. THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. OCCURRENCE LIMIT OF LIABILITY It is understood and agreed that the following special terms and conditions apply to this policy : 1 . The limit of liability or Amount of Insurance shown on the face of this policy, or endorsed onto this policy , is the total limit of the Company's liability applicable to each occurrence , as hereafter defined . Notwithstanding any other terms and conditions of this policy to the contrary, in no event shall the liability of the Company exceed this limit or amount irrespective of the number of locations involved . The term "occurrence" shall mean any one loss , disaster, casualty or series of losses , disasters , or casualties , arising out of one event . When the term applies to loss or losses from the perils of tornado , cyclone, hurricane , windstorm , hail , flood , earthquake , volcanic eruption , riot, riot attending a strike, civil commotion , vandalism and malicious mischief, or terrorism one event shall be construed to be all losses arising during a continuous period of 72 hours . When filing proof of loss , the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced , which may not be earlier than the first loss to the covered property occurs . 2 . The premium for this policy is based upon the Statement of Values on file with the Company, or attached to this policy . In the event of loss hereunder, liability of the Company, subject to the terms of paragraph one ( 1 ) above , shall be limited to the least of the following : a . The actual adjusted amount of loss , less applicable deductible (s ) . b . The total stated value for the property involved , as shown on the latest Statement of Values on file with the Company, less applicable deductible (s ) . c . The limit of Liability or Amount of Insurance shown on the face of this policy or endorsed onto this policy . All other terms, conditions and exclusions of the policy remain the same. Spectrum OLLE 08 21 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. U . S . Terrorism Risk Insurance Act of 2002 as amended Not Purchased Clause This Clause is issued in accordance with the terms and conditions of the "U. S. Terrorism Risk Insurance Act of 2002 " as amended as summarized in the disclosure notice. It is hereby noted that the Underwriters have made available coverage for " insured losses" directly resulting from an "act of terrorism" as defined in the " U . S . Terrorism Risk Insurance Act of 2002" , as amended ("TRIA") and the Insured has declined or not confirmed to purchase this coverage . This Insurance therefore affords no coverage for losses directly resulting from any "act of terrorism" as defined in TRIA except to the extent, if any, otherwise provided by this policy. All other terms , conditions , insured coverage and exclusions of this Insurance including applicable limits and deductibles remain unchanged and apply in full force and effect to the coverage provided by this Insurance . LMA5390 09 January 2020 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION OF CERTIFIED ACTS OF TERRORISM A. The following definition is added with respect to the provisions of this endorsement: "Certified Act of Terrorism" means an act that is certified by the Secretary of the Treasury, in accordance with the provisions of the federal Terrorism Risk Insurance Act, to be an act of terrorism pursuant to such Act. The criteria contained in the Terrorism Risk Insurance Act for a "Certified Act of Terrorism" include the following : 1 . The act resulted in insured losses in excess of $5 million in the aggregate , attributable to all types of insurance subject to the Terrorism Risk Insurance Act; and 2 . The act is a violent act or an act that is dangerous to human life , property or infrastructure and is 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 . B . The following exclusion is added : CERTIFIED ACT OF TERRORISM EXCLUSION The Companies will not pay for loss or damage caused directly or indirectly by a "Certified Act of Terrorism" . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . C . Exception Covering Certain Fire Losses As respects to property located in states that have Standard Fire Policy or similar laws mandating that insurance Companies provide coverage for "fire following" any Certified Acts of Terrorism , the following exception to the exclusion in Paragraph B. applies : If a "Certified Act of Terrorism" results in fire , the Companies will pay for the loss or damage caused by that fire . Such coverage for fire applies only to direct loss or damage by fire to Covered Property. Therefore , for example , the coverage does not apply to insurance provided under Business Income and/or Extra Expense coverage forms or endorsements which apply to those forms , or to the Legal Liability Coverage Form or the Leasehold Interest Coverage Form . If aggregate insured losses attributable to terrorist acts certified under the Terrorism Risk Insurance Act exceed $ 100 billion in a calendar year and the Companies have met their insurer deductible under the Terrorism Risk Insurance Act, the Companies shall not be liable for the payment of any portion of the amount of such losses that exceeds $ 100 billion , and 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. D . Application Of Other Exclusions The terms and limitations of any terrorism exclusion , or the inapplicability or omission of a terrorism exclusion , do not serve to create coverage for any loss which would otherwise be excluded under this Policy. All other terms, conditions and exclusions of the policy remain the same. Spectrum TRIA EXCL 08 21 Includes copyrighted material of Insurance Services Office, Inc ., with its permission . StarStone Port of the Core Spec-icily Group StarStone Specialty Insurance Company Company Address: Harborside 5 185 Hudson Street, Suite 2600 Jersey City, NJ 07311 ( 201) 743-7700 www. corespecialtv. com To Report a Claim : Contact the Company at ( 201) 743-7700 or send an email to : claims@corespecialty. com To File a Complaint Contact your Insurance Agent, or Contact the Company at ( 201) 743-7700 or Contact your State Director of Insurance CSI-CPN -201-0720 Page 1 of 1 STARSTONE Part of the En star Group SURPLUS LINES POLICYHOLDER NOTIFICATION STATE OF COLORADO THIS CONTRACT ' S DELIVERED AS SURPLUS LINE COVERAGE UNDER THE " NONADMITTED INSURANCE ACT " . THE INSURER ISSUING THIS CONTRACT IS NOT LICENSED IN COLORADO BUT IS AN APPROVED NONADMITTED INSURER . THERE IS NO PROTECTION UNDER THE PROVISIONS OF THE COLORADO GUARANTY ASSOCIATION ACT. CSI -CSN -806-0421 Harborside 5 185 Hudson Street, Suite 2600 Jersey City, NJ 07311 StarStone Tel : 201 743 7700 Fax : 201 743 7701 www.starstone.com Dcrt of the Core Specie !ty Group STARSTONE SPECIALTY INSURANCE CO . FOLLOW FORM GENERAL PROPERTY DECLARATIONS This Declaration Page is attached to and forms part of the Policy as defined herein . Policy Number: H85052210CSP Renewal Of: New POLICY PERIOD: Effective Date : 1/1/2022 Expiration Date : 1/1/2023 ( 12 :01 A. M . Standard Time at the address of the Named Insured as stated herein ) Named Insured and Mailing Address: Colorado Counties Casualty and Property Pool 800 Grant Street, Suite 400 Denver, CO 80203 Producer Named and Address : Paul Martin CRC Insurance Services - Birmingham, AL One Metroplex Drive Birmingham, AL 35209 Description of Operations : Municipality Property Insurance In return for the payment of the premium, and subject to all the terms of this policy, we agree to provide you with the insurance as stated in this policy. PREMIUM and FEES : This policy consists of the following coverage for which premium is indicated . This premium may be subject to adjustment : SURPLUS LINES LICENSEE : CRC Corporate License 183767 Commercial Property Coverage : $75,000 This contract is delivered as a surplus line coverage under the TRIA: Rejected ' Nonadmitted Insurance Act' . The insurer issuing this Inspection Fee : N/A contract is not licensed in Colorado but is an ELIGIBLE nonadmitted insurer. There is no protection under the rp ovrsiunsf he 'Cob ar do Insurance Guaranty Association Act' . TOTAL: $75,000 CO SURPLUS LINES TAX-$2,250.00 Minimum Earned Premium : 35% Forms and Endorsements : See attached Schedule of Forms and Endorsements, CSI -CPN -202-0720 CSI -CPD- 102-0720 Page 1 of 2 Harborside 5 185 Hudson Street, Suite 2600 Jersey City, NJ 07311 StarStone Tel : 201 743 7700 Fax : 201 743 7701 www.starstone.com Dcrt of the Core Specie !ty Group Primary Insurance Company: Name of Insurer: Lloyds & Companies Policy Number: PW0330022 Limit of Liability: $25,000,000 Issuing Company: StarStone Specialty Insurance Company Total Insured Values : $3,066, 552, 341 per schedule on file with the Company Perils Insured : All Risks of direct physical loss or damage including Flood and Earthquake, but excluding Equipment Breakdown as defined in Primary Policy Property Covered : Real and Personal Property Business Interruption — Gross Earnings/Extra Expense And as more fully defined in the policy form as defined in Primary Policy Total Limit of Liability applicable to this policy: $3, 750,000 ( 15%) part of $25,000,000 in excess of $25,000,000 per occurrence except; Annual Aggregate Limit for Flood and Earthquake as well as other applicable sublimits as shown in Addendum A THESE DECLARATIONS, ALL INFORMATION AND MATERIALS MADE AVAILABLE BY OR ON BEHALF OF THE INSUREDS DURING THE UNDERWRITING PROCESS FOR THIS POLICY OR OTHERWISE INCLUDED WITHIN THE DEFINITION OF APPLICATION IN THE FOLLOWED POLICY, AND THIS POLICY FORM INCLUDING ATTACHED ENDORSEMENTS CONSTITUTE THE INSURANCE POLICY. ("Policy") 5/24/2022 Date of Issuance Authorized Representative CSI -CPD- 102-0720 Page 2 of 2 „Pk, StarStone Part of the Core Specia ty Group FORMS AND ENDORSEMENTS SCHEDULE The following Parts all attach to and form a part of this policy. FORM NUMBER FORM NAME CSI-CPN-201 -0720 Cover Page CSI-CSN-806-0421 Surplus Lines Policyholder Notification_Colorado CSI-CPD- 102-0720 Excess Follow Form Declarations CSI-CPN-202-0720 Forms and Endorsement Schedule CSI-CPN-203-0720 Policy Holder Notification — Fraud Notice CSI-CPN-204-0720 Policy Holder Notification — OFAC CSI-CPN-205-0720 Notice of Claims Reporting CSI-CPN-206-0720 Notice of Privacy Policies and Practices CSI-CPF-700-0921 StarStone Excess Follow Form CSI-CPE-003-0720 Asbestos Coverage Endorsement CSI-CPE-004-0720 Mold, Mildew, and Fungi Exclusion Endorsement CSI-CPE-005-0720 Pollution Endorsement (Sublimited) CSI-CPE-006-0720 Minimum Earned and Wind Minimum Earned Premium Endorsement CSI-CPE-007-0720 Equipment Breakdown Exclusion Endorsement CSI-CPE-010-0720 Terrorism Exclusion Endorsement CSI-CPE-032-0720 Exclusion of Loss Due to Virus and Other Microorganisms Endorsement CSI-CPE-033-0720 Nuclear, Biological, Chemical, and Radiological Exclusions Endorsement CSI-CPE-034-0720 War or Warlike Action Exclusion Endorsement CSI-CPE-035-0720 Cyber, Electronic, Data, and Systems Exclusion Endorsement CSI-CPE-037-0321 Service of Suit Endorsement CSI-CPE-038-0720 Joint Loss Agreement Endorsement CSI-CPE-048-0720 Several Liability Endorsement CSI-CPE-054-0720 Pre-Existing Damage Exclusion Endorsement CSI-CPE-039-0720 TRIA Rejection Endorsement CSI-CPN-202-0720 Page 1 of 1 StarStone Port of the Core Specialty Group POLICYHOLDER NOTIFICATION FRAUD NOTICE Arkansas Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . Colorado It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies. District WARNING : It is a crime to provide false or misleading information to an insurer for the of purpose of defrauding the insurer or any other person . Penalties include imprisonment Columbia and/or fines . In addition, an insurer may deny insurance benefits if false information materially related to a claim was provided by the applicant. Florida Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an application containing any false, incomplete, or misleading information is guilty of a felony of the third degree. Kansas A "fraudulent insurance act" means an act committed by any person who, knowingly and with intent to defraud, presents, causes to be presented or prepares with knowledge or belief that it will be presented to or by an insurer, purported insurer, broker or any agent thereof, any written statement as part of, or in support of, an application for the issuance of, or the rating of an insurance policy for personal or commercial insurance, or a claim for payment or other benefit pursuant to an insurance policy for commercial or personal insurance which such person knows to contain materially false information concerning any fact material thereto; or conceals, for the purpose of misleading, information concerning any fact material thereto . Kentucky Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime . Louisiana Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . Maine It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines, or denial of insurance benefits. Maryland Any person who knowingly and willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . CSI-CPN -203-0720 Page 1 of 3 StarStone 01 of the Core Specialty Group New Jersey Any person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties. New Mexico ANY PERSON WHO KNOWINGLY PRESENTS A FALSE OR FRAUDULENT CLAIM FOR PAYMENT OF A LOSS OR BENEFIT OR KNOWINGLY PRESENTS FALSE INFORMATION IN AN APPLICATION FOR INSURANCE IS GUILTY OF A CRIME AND MAY BE SUBJECT TO CIVIL FINES AND CRIMINAL PENALTIES. New York General : All applications for commercial insurance, other than automobile insurance : Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation . All applications for automobile insurance and all claim forms: Any person who knowingly makes or knowingly assists, abets, solicits or conspires with another to make a false report of the theft, destruction, damage or conversion of any motor vehicle to a law enforcement agency, the department of motor vehicles or an insurance company, commits a fraudulent insurance act, which is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the value of the subject motor vehicle or stated claim for each violation . Fire : Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime. The proposed insured affirms that the foregoing information is true and agrees that these applications shall constitute a part of any policy issued whether attached or not and that any willful concealment or misrepresentation of a material fact or circumstances shall be grounds to rescind the insurance policy. Ohio Any person who, with intent to defraud or knowing that he is facilitating a fraud against an insurer, submits an application or files a claim containing a false or deceptive statement is guilty of insurance fraud . Oklahoma WARNING : Any person who knowingly, and with intent to injure, defraud or deceive any insurer, makes any claim for the proceeds of an insurance policy containing any false, incomplete or misleading information is guilty of a felony. Oregon Any person who knowingly and willfully presents false information in an application for insurance may be guilty of insurance fraud and subject to fines and confinement in Prison . The aforementioned actions may constitute a fraudulent insurance act which may be a crime and may subject the person to penalties . Pennsylvania All Commercial Insurance, Except As Provided for Automobile Insurance : Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties. CSI-CPN -203-0720 Page 2 of 3 StarStone �'at of the Cam Specialty Group Automobile Insurance : Any person who knowingly and with intent to injure or defraud any insurer files an application or claim containing any false, incomplete or misleading information shall, upon conviction, be subject to imprisonment for up to seven years and the payment of a fine of up to $ 15, 000. Puerto Rico Any person who knowingly and with the intention of defrauding presents false information in an insurance application, or presents, helps, or causes the presentation of a fraudulent claim for the payment of a loss or any other benefit, or presents more than one claim for the same damage or loss, shall incur a felony and, upon conviction, shall be sanctioned for each violation by a fine of not less than five thousand dollars ($5,000) and not more than ten thousand dollars ($10,000), or a fixed term of imprisonment for three (3) years, or both penalties. Should aggravating circumstances [ be] present, the penalty thus established may be increased to a maximum of five (5) years, if extenuating circumstances are present, it may be reduced to a minimum of two (2) years. Rhode Island Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . Tennessee All Commercial Insurance, Except As Provided for Workers' Compensation It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines and denial of insurance benefits . Workers' Compensation : It is a crime to knowingly provide false, incomplete or misleading information to any party to a workers' compensation transaction for the purpose of committing fraud . Penalties include imprisonment, fines and denial of insurance benefits . Utah Workers' Compensation : Any person who knowingly presents false or fraudulent underwriting information, files or causes to be filed a false or fraudulent claim for disability compensation or medical benefits, or submits a false or fraudulent report or billing for health care fees or other professional services is guilty of a crime and may be subject to fines and confinement in state prison . Virginia It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines and denial of insurance benefits. Washington It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines and denial of insurance benefits . West Virginia Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . All Other States Any person who knowingly and willfully presents false information in an application for insurance may be guilty of insurance fraud and subject to fines and confinement in prison . CSI-CPN -203-0720 Page 3 of 3 StarStone Port of the Core Specialty Group POLICY HOLDER NOTIFICATION U . S . Treasury Department' s Office of Foreign Assets Control ( "OFAC" ) NO COVERAGE IS PROVIDED BY THIS POLICYHOLDER NOTICE NOR CAN IT BE CONSTRUED TO REPLACE ANY PROVISIONS OF YOUR POLICY. YOU SHOULD READ YOUR POLICY AND REVIEW YOUR DECLARATIONS PAGE FOR COMPLETE INFORMATION ON THE COVERAGES YOU ARE PROVIDED. THIS NOTICE PROVIDES INFORMATION CONCERNING POSSIBLE IMPACT ON YOUR INSURANCE COVERAGE DUE TO DIRECTIVES ISSUED BY OFAC. PLEASE READ THIS NOTICE CAREFULLY The Office of Foreign Assets Control ( OFAC ) administers and enforces sanctions policy, based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents; • Front organizations; • Terrorists; • Terrorist organizations; and • Narcotics traffickers; As " Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treasury' s web site — http ://www .treas . gov/ofac In accordance with OFAC regulations, if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC, this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC. When an insurance policy is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without authorization from OFAC. Other limitations on the premiums and payments also apply. CSI-CPN -204-0720 Page 1 of 1 StarStone Par₹ of the Core Specialty Group NOTICE OF CLAIMS REPORTING PROCEDURES THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. All claims should be reported per the below : Email : claims@corespecialty. com Or Phone : ( 201 ) 743-7700 Please have the following information available : 1 . Insured Name 2 . Policy Number 3 . Date of Loss 4 . Location of Loss 5 . Detailed description of the loss event All other terms and conditions of this Policy remain unchanged . CSI-CPN -205-0720 Page 1 of 1 ,, 4,,,, f 41/4 StarStone Part of the Core Specialty Group NOTICE OF OUR PRIVACY POLICIES AND PRACTICES This Notice has been prepared to inform you that we do not disclose and we reserve no right to disclose to our affiliates or to nonaffiliated third parties, your nonpublic personal information, which we collect and maintain except with your permission or as permitted by law. Information we collect and maintain : We collect nonpublic personal information about you from the following sources : • Information we receive from you on applications, at your request or otherwise; • Information we obtain from your transactions with us, our affiliates or others; • Information we receive from consumer-reporting agencies. Information we may disclose: We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law. How we protect information: Except as otherwise described in this Notice, we restrict access to your nonpublic personal information to our employees who need to know to provide our products and services to you and as permitted by law. We maintain physical, electronic, and procedural safeguards that comply with applicable legal requirements to guard your nonpublic personal information . We have installed usernames, passwords and other safety features on our web applications to help ensure that the information you provide remains safe and secure . Changes to this Notice: We may amend our privacy policies and practices at any time, and we will inform you of any material changes as required by law. YOU DO NOT NEED TO DO ANYTHING IN RESPONSE TO THIS NOTICE THIS NOTICE IS MERELY TO INFORM YOU ABOUT OUR PRIVACY POLICIES AND PRACTICES CSI-CPN -206-0720 Page 1 of 1 StarStone fur₹ of the Core Specialty Group StarStone Commercial Property Excess Follow Form Addendum A The Sublimits of Liability stated in this Policy are part of and not in addition to the Policy Limit . The Sublimits of Liability are : ( 1 ) the maximum amount the Company will pay for all covered loss or damage arising out of the specific perils or coverages and/or ( 2 ) the maximum number of days for a specific coverage, regardless of the number of Insured Locations, coverages or Covered Causes of Loss under this Policy. The following Sublimits of Liability represent 100% of the coverage purchased by the Insured for the Program set forth below and the Company's share of each Sublimit of Liability shall be determined by applying the Participation as shown on the Declarations page "StarStone Specialty Insurance Company Proportionate Share" . The Sublimits of Liability stated in this Policy are per Occurrence unless otherwise indicated . Regardless of the number of Occurrences, any Annual Aggregate in this Policy is the maximum amount payable for all covered loss or damage for the applicable coverage or Covered Cause of Loss . USD 50,000,000 In the aggregate annually as respects Earthquake Loss USD 5 ,000, 000 In the aggregate as respects any Flood loss in Zones Al AO, AE, AH , A1- 30, A99 AR USD 50,000,000 In the Aggregate as respects all other Flood loss USD 50,000,000 In the aggregate annually for all Flood losses combined USD 25,000,000 Newly acquired property any one Occurrence — 90 Days; coverage ceases if the newly acquired property is not reported within 90 days from the date of acquisition USD 250, 000 Accounts Receivable USD 5 ,000, 000 Builders risks, renovations, repairs made by the Insured at any location ( including new locations with total contract cost under $5 ,000,000) within the territorial limits of the policy, any one occurrence USD 8,071, 695 Builders risks, renovations, repairs made by the Insured at any location ( including new locations with total contract cost under $ 8,071, 695 ) within the territorial limits of the policy, any one occurrence in respect of the Following location only : Ouray County Builders Risk Project - 541 4TH , OURAY, CO 81427 USD 1,000, 000 Builders Risk Soft Costs/ Additional Expenses per Company Endorsement; USD 50,000 Unscheduled Locations USD 500, 000 Business Interruption with 90 Day Ordinary Payroll Limitation ; and 180 Days Extended Period of Indemnity USD 250, 000 Civil Authority — 4 Weeks Maximum USD 250,000 Ingress/Egress — 4 Weeks Maximum CSI -CPF-700-0921 Page ,, of 6. StarStone fur₹ of the Core Specialty Group USD 1, 000,000 Unnamed Location, any one occurrence . USD 100, 000 Personal Property of Employees at a described location USD 50,000 Personal Property of Others while on the Insured ' s property USD 10,000,000 Ordinance or Law USD 10,000,000 Extra Expense USD 1,000, 000 Expediting Expense USD 1,000, 000 Property in Transit USD 10,000,000 Contractors' Equipment subject to maximum USD 1, 500,000 per item USD 5 ,000, 000 Fine Arts subject to maximum USD 500,000 per item USD 1,000, 000 Fire Fighting Materials USD 250, 000 Furs, Jewelry, Precious Stones and Metals not used for industrial purposes USD 250, 000 Loss Adjustment Expenses/ Professional Services USD 10,000,000 Service Interruption subject to 24 hour waiting period and 5 mile distance limitation USD 1 ,000, 000 Errors or Omissions USD 1,000, 000 Vehicle Physical Damage — Over the Road USD 25,000 in the Annual Aggregate Pollution Clean Up and Removal, each County listed as a Named Insured subject to a USD 1, 500,000 Annual Aggregate for all USD 100, 000 Limited Mold/Fungi/Wet & Dry Rot - Terms per Company Endorsement USD 100, 000 Trees and Shrubs USD 10,000,000 Valuable Papers CSI -CPF-700-0921 Page 2 of 6. StarStone fur₹ of the Core Specialty Group EXCESS PHYSICAL DAMAGE FORM A. EXCESS INSURING AGREEMENT Subject to the limitations, terms and conditions contained in this policy or endorsed hereto, the Company agrees to indemnify our share of the excess loss or damage in any one occurrence hereunder up to the amount as shown in the Total Limit of Liability applicable to this policy section of the Excess Follow Form General Property Declarations for the Coverage Provided and Perils shown in the Perils Insured section on the Excess Follow Form General Property Declarations but only after the primary insurance and underlying excess of loss insurance has paid or agreed to pay the full amount of their respective loss . We agree to follow the Primary Company' s coverage form , however, if and when there are any differences between the primary insurance and this excess insurance, the provisions of this insurance apply. B. LIMIT OF LIABILITY The Company shall be liable to pay our share of loss up to the full amount of the Limit of Liability and Annual Aggregate, if any, shown on the Excess Follow Form General Property Declarations of this policy. The liability of the Company will not exceed this limit or amount irrespective of the number of locations involved . The maximum recovery in any one occurrence for any coverage (s), additional or extension of coverage (s), cause of loss, or perils subject to a sublimit, shall be that sublimit provided by the primary and or underlying excess policies and in no event shall the Company be liable for any amount of loss or damage over the sublimit within the primary and or underlying excess policies for the coverage (s) , additional or extension of coverage, cause of loss or perils to which that sublimit applies . C. MAINTENANCE OF UNDERLYING The policies and Limits of Liability of the Primary and Underlying Excess Insurance shall be maintained in full force and effect during the term of this insurance . If not, or if there is a change in the coverage of such primary or underlying, this insurance shall apply in the same manner as though such policies had been so maintained and unchanged . D. DEFINITIONS a) Occurrence shall mean the sum of all losses caused by direct physical loss or damage to property insured hereunder directly occasioned by any one disaster, casualty, or series of losses , disasters, or casualties arising out of one event, irrespective of the number of locations involved, which occurs within the policy period and territory. The duration of any one loss occurrence will be limited to all loss sustained during any consecutive period of 168 hours from and by the same event except : i . Any one loss occurrence as respects windstorm , hail , tornado, hurricane, named storm , and cyclone including ensuing collapse and water damage will be limited to 168 consecutive hours . CSI -CPF-700-0921 Page 3 of 6 StarStone fur₹ of the Core Specialty Group ii . Any one loss occurrence as respects riot, riot attending strike, civil commotion, looting, theft, vandalism , and malicious mischief, will be limited to a period of 72 consecutive hours . iii . Any one loss occurrence as respects Earthquake, Earth Movement, Earthquake Sprinkler Leakage and fire following directly occasioned by the Earthquake ( if covered ) will be limited to 168 consecutive hours . b) Flood is defined in the Primary Company's insurance policy. We will follow that definition unless the Primary has no definition, in which case Flood means a general and temporary condition of partial or complete inundation of normally dry land areas due to : i . Flood, surface water, rising water, waves, tides, tidal water, storm surge, tsunami, overflow of any body of water or their spray, all whether wind driven or not; ii . Water that backs up from any sewer or drain; or water that leaks or flows from below the surface of the ground ; or iii . Mudslides or mudflows that are caused by Flood as defined above . All flooding in a continuous or protracted event will constitute a single Flood . c) Earthquake is defined in the Primary Company's insurance policy. We will follow that definition unless the Primary has no definition, in which case Earthquake means the sudden and natural faulting of land masses produced by seismic event(s) and not including subsidence, landslide, rock slide mudflow or mudslides, earth sinking, shifting or settling unless as a direct result of Earthquake . Earthquake does not include fire following. Earthquake also includes loss from "Volcanic Action", meaning direct loss or damage resulting from the eruption of a volcano when the loss or damage is caused by : i . Airborne volcanic blast or airborne shock waves; ii . Ash, dust or particulate matter; or Lava flow. d ) Annual Aggregate means the amount of insurance available and is the most we will pay for all loss or damage from occurrences for those peril or cause of loss specified in the Excess Follow Form General Property Declarations for the policy period regardless of whether the policy is longer or shorter than a 12 month period . E . PRIORITY OF PAYMENTS CSI -CPF-700-0921 Page Le- of 6 StarStone fur₹ of the Core Specialty Group Any recoveries made under underlying insurance shall first apply to loss or damage not insured by excess insurance . Upon exhaustion of underlying insurance limits, the excess insurance shall step down and be liable for the loss in excess of the amount attributed to the underlying insurance as respects loss or damage insured there under subject to the excess insurance limit of liability and attachment. F. STEP DOWN The provisions of this clause shall not apply until the amount of loss, damage or expense arising out of any one occurrence exceeds the underlying insurance policy limit plus the applicable deductibles and waiting periods of the Primary Policy to which this policy is excess . It is also understood that within the Primary Policy limit, certain coverages are subject to various sub-limits as per the Primary Policy. There is no recovery under this Excess Policy as respects those coverages which are sublimited in the Primary Policy to which this policy is excess, nor for those coverages excluded in this Excess Policy; however, the Company recognizes that the Primary Policy limit can be eroded or exhausted, wholly or partially, by application of said sublimits . After application of the sublimits and priority of payments provision of the Primary Policy, this policy shall stepdown directly over the amount of the Primary Policy limit remaining available for those coverages which are not sublimited in the Primary Policy nor excluded in this Excess Policy, subject to the Limit of Liability and attachment of this policy. G . ANNUAL AGGREGATE, DROP DOWN In the event Flood and/or Earthquake annual aggregate limits of the Primary Policy are diminished, eroded, or exhausted in any one policy year, the coverage provided under this excess policy for Flood and/or Earthquake shall apply as excess of any remaining limits, subject to the underlying deductibles . This provision does not increase the amount of insurance available in any one occurrence or for the policy period . H . OTHER INSURANCE/EXCESS INSURANCE In the event there is other insurance covering loss or damage insured under this Policy, then this Policy shall apply only as excess and in no event as contributory insurance ( unless this Policy is specifically written to be contributory insurance ), and then only after all other insurance has been exhausted, whether or not such insurance is collectible . Permission is granted for the Insured to purchase Excess Insurance over the limits provided by this Policy, and underlying insurance on all or any part of the deductibles of this Policy. I . NOTIFICATION OF CLAIMS The insured, upon knowledge of any occurrence likely to give rise to claim for loss or damage as covered herein, shall give notice as soon as practicable to the person (s) or firm named for the purpose . See the Notice of Claims Reporting Procedures Form attached to this policy. The insured will provide a signed and sworn proof of loss containing the information necessary to investigate the claim as requested and within sixty (60) days of the request or as required by law. CSI -CPF-700-0921 Page 5 of 6. StarStone fur₹ of the Core Specialty Group All claims for loss or damage under this policy must be made and the insured will submit final written proof of loss( es) within one year of policy expiration . Failure to do so shall invalidate claims for loss or damage hereunder. J . CANCELLATION : a ) This policy can be cancelled by the named insured by providing the Company with : i. An advanced written request for cancellation stating when the cancellation shall be effective, and ii. The original policy or a lost policyholder release signed by the named insured or its legal representative . b) This policy may be cancelled by the Company by giving to the named insured at least ninety ( 90) days written notice of cancellation or in the case of non-payment of premium or material mis- statement, at least ten ( 10) days written notice of cancellation . c) The cancellation will be effective even if the Company have not made or offered a refund . If notice is mailed, proof of mailing will be sufficient proof of notice. d ) If this policy is cancelled, the Company will send the named insured any premium refund due . CSI -CPF-700-0921 Page 3 of 6 st st Part of the Core Specialty Group ASBESTOS COVERAGE ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : ASBESTOS COVERAGE ENDORSEMENT This Policy only insures 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 one of the following Listed Perils if a covered cause of loss in the policy Fire; Explosion, Lightning, Windstorm, Hail, Direct Impact of Vehicle, Aircraft or Vessel, Riot or Civil Commotion, Vandalism or Malicious Mischief, Accidental Discharge of Fire Protective Equipment, Named Windstorm, Earthquake, and Flood . This coverage is subject to each of the following specific limitations : 1 . The building or structure containing the asbestos must be insured under this Policy for loss or damage by that Listed Peril . 2 . The Listed Peril must be the immediate, sole cause of the damage of the asbestos . 3 . The Insured must report to the Company the existence and cost of the damage as soon as practicable after the Listed Peril first damaged the asbestos . However, this Policy does not insure any such damage first reported to the Insurers more than 12 (twelve) months after the expiration, or termination, of the period of insurance. 4. Insurance under this Policy in respect of asbestos shall not include any sum relating to : i ) any faults in the design, manufacture or installation of the asbestos; ii ) asbestos not physically damaged by the Listed Peril including any governmental or regulatory authority direction or request of whatsoever nature relating to undamaged asbestos . 5 . The maximum amount that the Company will pay under this coverage endorsement in any 12 month period is $25,000 ASBESTOS EXCLUSION Except as set forth above, this Policy does not cover any loss, damage, cost, claim or expense, whether preventative, remedial or otherwise, directly or indirectly arising out of or relating to, regardless of any other cause or event that contributes concurrently or in any sequence to the loss, damage, cost, claim or expense from asbestos. This clause applies regardless of any other cause or event that contributes concurrently or in any sequence to the loss, damage, cost, claim or expense. CSI-CPE-003 -0720 Page 1 of 1 st st Part of the Core Specialty Group MOLD, MILDEW, AND FUNGI EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : MOLD, MILDEW, AND FUNGI EXCLUSION ENDORSEMENT 1 . Except as set forth in paragraph Clause 2 below, this Policy does not insure against any loss, damage, claim, cost, expense or other sum directly or indirectly arising out of or relating to : mold, mildew or fungus This exclusion applies regardless whether there is (a ) any physical loss, damage or destruction of property insured; ( b) any insured peril or cause, whether or not contributing concurrently or in any sequence; (c) any loss of use, occupancy, or functionality; or (d ) any action required, including but not limited to repair replacement, removal, cleanup, abatement, disposal, relocation, or steps taken to address medical or legal concerns . 2 . Notwithstanding the foregoing, this Policy insures physical loss, damage or destruction of property insured by mold, mildew or fungus when directly caused by a Listed Peril that is a covered cause of loss under this policy occurring during the Policy Period . LISTED PERILS Fire; lightning; explosion; windstorm or hail ; smoke; direct impact of vehicle, aircraft or vessel ; strike, riot or civil commotion; vandalism or malicious mischief; leakage or accidental discharge of fire protection equipment; collapse; falling objects; weight of snow, ice or sleet; theft, sudden and accidental discharge leakage, backup or overflow of liquids or molten material from confinement within piping, plumbing systems, tanks, equipment or other containment located at the insured " location"; " Earthquake"; "Flood ." This coverage is subject to all the limitations in this Policy and, in addition, to each of the following specific limitations : a . The property must otherwise be insured under this Policy for physical loss, damage or destruction by the Listed Peril . b . The Insured must report the existence and cost of the physical loss, damage or destruction by mold, mildew or fungus to the Insurer as soon as practicable, but no later than twelve ( 12 ) months after the Listed Peril first caused physical loss, damage or destruction of insured property during the Policy period . This Policy does not insure any physical loss, damage or destruction by mold, mildew or fungus first reported to the Insurer after that twelve ( 12 ) month period . CSI-CPE-004-0720 Page 1 of 1 st st Part of the Core Specialty Group POLLUTION ENDORESMENT (SUBLIMITED) THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : POLLUTION ENDORESMENT (SUBLIMITED) This Policy is extended to pay your expenses to extract " pollutants" from land or water if the release, discharge, dispersal, seepage, migration, release or escape of the " pollutants" is caused by or results from a Covered Cause of Loss that occurs during the policy period . The expenses will be paid only if they are reported to us in writing within 180 days of the earlier of: a . The date of direct physical "loss"; or b . The end of the policy period . The maximum amount that the Company will pay under this coverage endorsement in any 12 month period is $25,000 for pollution cleanup and removal . POLLUTION EXCLUSION Except as set forth above, this policy does not insure any loss or damage, claim, cost, expense or other sum directly or indirectly arising out of the discharge, dispersal, seepage, migration, release or escape of " pollutants" . "POLLUTANTS" means any solid, liquid, gaseous or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste . Waste includes materials to be recycled, reconditioned or reclaimed . CSI-CPE-005 -0720 Page 1 of 1 STARSTONE Part of the En star Group MINIMUM EARNED AND WIND MINIMUM EARNED PREMIUM ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : MINIMUM EARNED AND WIND MINIMUM EARNED PREMIUM ENDORSEMENT The following terms and conditions will apply to this Policy: 1 . If the Named Insured cancels this Policy, removes a Location or reduces the amount of coverage on a Location, a minimum premium of 35% of the original Policy premium shall become earned . Failure of the Named Insured to make timely payment of premium shall be considered a request by the Named Insured for the Company to cancel . In the event of such cancellation by the Company for non- payment of premium, the minimum premium shall be due and payable; provided, however, such non- payment cancellation shall be rescinded if the Named Insured remits the full premium due within 10 days of receiving it. 2 . For Locations not "Exposed to Hurricane" : If the Named Insured cancels this Policy, removes a Location or reduces the amount of coverage on a Location, the short rate return premium is 90% of applicable pro- rata premium subject to any Minimum Earned Premium stipulations in the Policy. 3 . For Locations " Exposed to Hurricane" : If the Named Insured cancels this Policy, removes a Location or reduces the amount of coverage on a Location and coverage existed any time during the period of June 1st to November 30th, the amount of premium the Company will return will be a percentage of the total premium determined using the below. The Unearned Premium is the Location premium times the Unearned Factor noted below : Days Policy In Force Unearned Factor 1 to 180 20% 181 to 210 15% 211 to 240 10% 241 to 270 7 . 5% 271 to 300 5 .0% 301 to 330 2 . 5% 331 to 365 0 .0% 4. Subject to receipt of closing documents within 30 days of closing, this Policy allows pro- rata return premium for Locations sold, but not for loss of a management contract ( unless the management contract is lost due to the sale of the property) . CSI-CPE-006-0720 Page 1 of 2 STARSTONE Part of the En star Group 5 . Subject to receipt of closing documents, this Policy allows pro- rata additional premium for Locations purchased during the policy term . 6 . For Locations " Exposed to Hurricane", if added or coverage increased at an existing Location, during the term of the Policy and coverage exists at any time during the period of June 1st to November 30th, the premium will be calculated at 100% of the annual rate, less the Unearned Factor noted in No . 3 . above . Otherwise, it shall be pro-rata . 7 . Locations of like kind and quality shall be added at the account rate, subject to the Unearned Factor noted in No . 3 above. Locations of differing kind or quality or Locations in Dade, Broward, Palm Beach, Pinellas, and Hillsborough counties of Florida must be approved by the Company prior to attachment. 8 . If a Location is "Exposed to Hurricane" the provisions of this clause replace any short rate provisions stipulated in this Policy, all subject to the Minimum Earned Premium provisions . 9 . " Exposed to Hurricane" is defined to include any Location within 100 miles of the closest saltwater of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaii Islands . 10. Coverage cannot be increased, nor additional Locations added if they are " Exposed to Hurricane" and a Named Storm is in existence, unless with the express written consent of the Company. 11 . Nothing herein will act to provide coverage outside the automatic acquisition clause elsewhere in the Policy. 12 . In the event of a total loss or constructive total loss to Covered Property by a Covered Cause of Loss, the premium applicable to that Covered Property shall be fully earned and no return premium will be due to the Named Insured . All other terms, conditions and exclusions of the Policy remain unchanged . CSI-CPE-006-0720 Page 2 of 2 st st Part of the Core Specialty Group EQUIPMENT BREAKDOWN EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : EQUIPMENT BREAKDOWN EXCLUSION ENDORSEMENT Any other similar Exclusion within this Policy (or within any other Endorsement which forms part of this Policy) is deleted and replaced by the following : This Policy excludes loss or damage due to : 1. Explosion in or of any of the following property: steam boilers, including equipment attached to and forming a part thereof; steam turbines; steam engines; steam pipes connecting any of the foregoing; or gas turbines; except that this exclusion shall not apply to explosion of accumulated gases or unconsumed fuel within the firebox or the combustion chamber of any fired vessel, other than gas turbines, or within the flues or passages which conduct the gases of combustion therefrom . 2. Rupture, bursting, cracking, burning or bulging of any of the following property: steam boilers, including equipment attached to and forming a part thereof; steam turbines; steam engines; steam pipes connecting any of the foregoing; hot water boilers or other equipment for heating water; pressure vessels, including equipment attached to and forming a part thereof; or gas turbines. 3 . Mechanical or machinery breakdown, including rupture or bursting caused by centrifugal force. 4. Electrical injury or disturbance to electrical appliances, devices, fixtures, wiring, or other electrical or electronic equipment caused by electrical currents artificially generated . All other terms and conditions of this policy remain unchanged . CSI-CPE-007-0720 Page 1 of 1 STARSTONE Part of the Enstar Group TERRORISM EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : TERRORISM EXCLUSION ENDORSEMENT A. The following definitions are added with respect to the provisions of this endorsement : 1 . "Terrorism " means activities against persons, organizations or property of any nature : a . That involve the following or preparation for the following: 1 ) Use or threat of force or violence; or 2 ) Commission or threat of a dangerous act; or 3 ) Commission or threat of an act that interferes with or disrupts an electronic, communication, information, or mechanical system; and b . When one or both of the following applies : 1) The effect is to intimidate or coerce a government or the civilian population or any segment thereof, or to disrupt any segment of the economy; or 2) It appears that the intent is to intimidate or coerce a government, or to further political, ideological, religious, social or economic objectives or to express (or express opposition to) a philosophy or ideology. 2 . "Any injury or damage" means any injury or damage covered under any Coverage Part or Policy to which this endorsement is applicable, and includes but is not limited to " bodily injury", " property damage", " personal and advertising injury", " injury" or "environmental damage " as may be defined in any applicable Coverage Part or Policy. B. The following exclusion is added : EXCLUSION OF TERRORISM We will not pay for "any injury or damage" caused directly or indirectly by "terrorism ", including action in hindering or defending against an actual or expected incident of "terrorism " . "Any injury or damage" is excluded regardless of any other cause or event that contributes concurrently or in any sequence to such injury or damage. C. Exception Covering Certain Fire Losses CSI-CPE-010-0720 Page 1 of 2 STARSTONE Part of the Enstar Group If an incident of "terrorism " results in fire, we will pay for the loss or damage caused by that fire. Such coverage for fire applies only to direct loss or damage by fire to Covered Property. Therefore, for example, the coverage does not apply to insurance provided under Business Income and/or Extra Expense coverage forms or endorsements which apply to those forms, or to the Legal Liability Coverage Form or the Leasehold Interest Coverage Form . D. Application of Other Exclusions The terms and limitations of any terrorism exclusion, or the inapplicability or omission of a terrorism exclusion, do not serve to create coverage for any loss which would otherwise be excluded under this Policy, such as losses excluded by the Nuclear Hazard Exclusion or the War And Military Action Exclusion . CSI-CPE-010-0720 Page 2 of 2 ri1/41/2 STARSTONE Part of the Enstar Group EXCLUSION OF LOSS DUE TO VIRUS AND OTHER MICROORGANISMS ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : EXCLUSION OF LOSS DUE TO VIRUS AND OTHER MICROORGANISMS ENDORSEMENT 1. The exclusion set forth in Paragraph 2 . applies to all coverages under all forms and endorsements that comprise this Policy, including but not limited to forms or endorsements that cover property damage to buildings or personal property and forms or endorsements that cover business income, extra expense or action of civil authority. 2. We will not pay for loss or damage caused by or resulting from any virus or other microorganism that induces or is capable of inducing physical distress, illness or disease. However, this exclusion does not apply to loss or damage caused by or resulting from " Fungus", wet rot or dry rot. Such loss or damage is addressed in a separate exclusion in this policy. 3. With respect to any loss or damage subject to the exclusion in Paragraph 2., such exclusion supersedes any exclusion relating to " pollutants" . 4. The following additional definitions apply to this Endorsement : (a) "Fungus" means any plants or organisms belonging to the major group fungi, lacking chlorophyll, and including " Mold", rust, "Mildew", smuts, mushrooms, and yeasts; (b) "Mold" means any superficial growth produced on damp or decaying organic matter or on living organisms, and fungi that produce " Molds" . (c) "Mildew" means a thin whitish coating of minute fungal hyphae produced on, among other things, organic matter or living organisms. (d) "Pollutants" means any solid, liquid, gaseous or thermal irritant or contaminant, including smog, smoke, vapor, soot, fumes, acids, alkalis, chemicals and waste, which after its release can cause or threaten damage to human health or human welfare or causes or threatens damage, deterioration, loss of value, marketability or loss of use to property insured hereunder, including, but not limited to, bacteria, virus, or hazardous substances as listed in the Federal Water Pollution Control Act, Clean Air Act, Resource Conservation and Recovery Act of 1976, and Toxic Substances Control Act or as designated by the U . S. Environmental Protection Agency. Waste includes materials to be recycled, reconditioned or reclaimed . All other terms and conditions of this Policy remain unchanged . CSI -CPE-032 -0720 Page 1 StarStone Port of the Core Specialty Group NUCLEAR, BIOLOGICAL, CHEMICAL AND RADIOLOGICAL EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : NUCLEAR, BIOLOGICAL, CHEMICAL AND RADIOLOGICAL EXCLUSION ENDORSEMENT This Policy will not pay for any loss, damage, cost or expense, whether real or alleged, that is caused, results from, is exacerbated by or otherwise impacted by, either directly or indirectly, any of the following : 1 . Nuclear Hazard - including, but not limited to, nuclear reaction, nuclear detonation, nuclear radiation, radioactive contamination and all agents, materials, products or substances, whether engineered or naturally occurring, involved therein or released thereby; 2 . Biological Hazard - including, but not limited to, any biological and/or poisonous or pathogenic agent, material, product or substance, whether engineered or naturally occurring, that induces or is capable of inducing physical distress, illness, or disease; 3 . Chemical Hazard - including, but not limited to, any chemical agent, material, product or substance; 4. Radioactive Hazard - including, but not limited to, any electromagnetic, optical, or ionizing radiation or energy, including all generators and emitters thereof, whether engineered or naturally occurring. The provisions of subparagraphs 1, 2, 3, and 4 will not apply and we will pay up to a maximum of $ 10,000 for any and all claims for such loss or damage arising out of events occurring within the term of this policy: Where the agent, material, product or substance at issue is utilized in the course of business by a Named Insured; and The discharge, dispersal, seepage, migration, release, escape or application of the pathogenic or poisonous nuclear, biological, chemical, or radioactive materials is accidental and is not the result of a wilful or malicious act against any persons, organizations, or property of any nature . Only if, and to the extent required by state law, the following exception to the exclusion applies : If a hazard excluded herein results in fire (and provided fire is a covered cause of loss), this policy will pay for the loss, damage, cost or expense caused by that fire, subject to all applicable policy provisions including the Limit of Liability on the affected covered property. Such coverage for fire applies only to direct loss or damage by fire to covered property. This coverage does not apply to insurance provided under Time Element coverages, including but not limited to, Business Income, Rental Value or Extra Expense coverage or endorsements that apply to those coverages CSI-CPE-033 -0720 Page 1 of 1 STARSTONE Part of the Enstor Group WAR OR WARLIKE ACTION EXCLUSIONS ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : WAR OR WARLIKE ACTION EXCLUSIONS ENDORSEMENT This policy does not insure any loss or damage, claim, cost, expense or other sum directly or indirectly arising out of War, hostile or warlike action in time of peace or war, whether or not declared, including action in hindering, combating, or defending against an actual, impending, or expected attack: 1 . By any government or sovereign power (de jure or de facto) or by any authority maintaining or using military, naval, or air forces; or 2 . By military, naval, or air forces; or 3 . By an agent of any such government, power, authority, or force; Any weapon of war employing atomic fission or radioactive force, whether in time of peace or war, whether or not its discharge was accidental ; or Insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, combating, or defending against such occurrence, seizure or destruction ; Including any consequence of paragraphs listed herein . All other terms and condition of the Policy remain unchanged . CSI-CPE-034-0720 Page 1 of 1 STARSTONE Part of the Enstor Group CYBER, ELECTRONIC DATA AND SYSTEMS EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : CYBER, ELECTRONIC DATA AND SYSTEMS EXCLUSION ENDORSEMENT This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS Notwithstanding any provision to the contrary within the Policy or any endorsements attached thereto, it is u nderstood and agreed as follows : EXCLUSION : This Policy does not insure any loss, damage, destruction, distortion, erasure, corruption or alteration of Electronic Data from any cause whatsoever ( including but not limited to Computer Virus) or any loss of access, any loss of u se, reduction in functionality, cost, expense of any kind or of any nature whatsoever resulting therefrom . Further, this Policy does not insure any loss or damage that directly or indirectly results from loss, damage, destruction, distortion, erasure, corruption or alteration of Electronic Data from any cause whatsoever (including but not limited to Computer Virus ) . Such loss or damage as described herein is excluded regardless of any other cause or event contributing concurrently or in any other sequence to the loss or damage . This exclusion applies regardless of whether the loss or damage arises out of or results from authorized, u nauthorized, intentional, unintentional or accidental access in, of, or to any computer, communication system, file server, network(s ), networking equipment, computer system, computer hardware, computer software, data processing equipment, computer memory, microchip, microprocessor, integrated circuit or similar device. Electronic Data means facts, concepts and information recorded, transmitted or converted to a form useable for communications, interpretation or processing by electronic and electromechanical data processing or electronically controlled equipment. Electronic Data also includes programs, 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 unauthorized instructions or code including, but not limited to any set of maliciously, intentionally, unintentionally or accidentally introduced instructions or code, programmatic or otherwise, that propagate themselves through a computer system or network of whatsoever nature located anywhere in the world . Computer Virus includes, but is not limited to 'Trojan Horses ', 'worms' and 'time or logic bombs' . However, in the event that a peril insured by this Policy results from any of the matters described herein, this Policy, subject to all its terms, conditions and exclusions, will cover physical damage to insured property that was directly caused by such peril insured by this Policy and occurring within the Policy Period . CSI-CPE-035 -0720 Page 1 of 1 st st Part of the Core Specialty Group SERVICE OF SUIT ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : SERVICE OF SUIT ENDORSEMENT In the event of our failure to pay any amount claimed to be due under this Policy, we agree to submit to the jurisdiction of any court of competent jurisdiction within the United States in which a suit for those amounts may be brought. Nothing in this condition constitutes or should be understood to constitute a waiver of our right 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 . Service of process in such suit may be made upon : Robert Kuzloski Legal Department StarStone US Companies 412 Mt. Kemble Avenue, Suite G-60 Morristown, New Jersey 07960 Tel : 917 704 6008 Email : Robert. Kuzloski@corespecialty. com www .corespecialtvinsurance .com or his or her representative, and that in any suit instituted against us with respect to this Policy, we will abide by the final decision of such court or of any appellate court in the event of an appeal . To the extent required by the express provisions of any statute of any state, territory, or district of the United States, 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 you or on your behalf or any beneficiary hereunder arising out of this Policy, and we hereby designate the above named Counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof. All other terms and conditions of this policy remain unchanged . CSI-CPE-037-0321 Page 1 of 1 st st Part of the Core Specialty Group JOINT LOSS AGREEMENT ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : JOINT LOSS AGREEMENT ENDORSEMENT It is agreed that: A. If, at the time of loss, a policy insuring boilera nd machinery and/or mechanical breakdown exists which may insure the same property subject to a claim under this Policy; and B. If there is disagreement between the Company and any other insurer involved in the claim either as to : 1 ) Whether such loss or damage was caused by a peril insured against by this Policy or by an accident insured against by such boiler and machinery and/or mechanical breakdown Insurance policy; or 2 ) The extent of participation of this policy and of such boiler and machinery and/or mechanical breakdown insurance policy, then ; C. Upon the Insured receiving one half of the claims payment from the insurer issuing the boiler and machinery and/or mechanical breakdown insurance policy, this Company shall , upon written request of the Insured, pay the lnsured the Company's proportional share of the remaining one-half of the amount of the loss which is in disagreement, but in no event for more than this Company would have paid if there had been no boilerand machinery and/or mechanical breakdown insurance policy in effect, subject to the following conditions : 1 ) The a mount of the claim which is in disagreement, after ma ki ng provisions for any undisputed claims payable under the said policies and after the amount of the claim is agreed upon by the Insured and the Company, is limited to the mini mum a mount remaining payable under either the boiler and machinery and/or mechanical breakdown insurance policy or this Policy; 2 ) The Insured agrees thatany payment(s) made under this endorsement shall be returned if the boiler and ma chi nery insurer does not s ubmit to a nd proceed with arbitration within ninety (90 ) days of receipt of such payment(s ) as per the APPRAISAL provision of this Policy, and the Insured a grees to cooperate, but not intervene, with such arbitration; 3 ) This endorsements hall not apply unless such other policyissued by the boilerand machinery insurer is si milarly endorsed; 4 ) Acceptance by the Insured of sums paid pursuant to these provisions shall not alter, waive, surrender or in any way affect the rights of the Insured against the Company. All other terms and conditions of this policy remain unchanged . CSI-CPE-038-0720 Page 1 of 1 STARSTONE Part of the Enstur Grnup Several Liability Endorsement THIS ENDORSEMENT CHANGES THE POLICY, PLEASE READ IT CAREFULLY To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. This endorsement does not change any other provision of the insurance policy and takes effect on the effective date of this insurance policy unless another effective date is shown. The Insurer' s and/or Company's liability under this Policy for covered losses is several and not joint with other insurers party to this contract. The Insurer(s) and/or Company(s) are liable only for the proportion of liability it has underwritten . The Insurer(s) and/or Company(s ) are not jointly liable for the proportion of liability underwritten by any other insurer. Nor are the Insurer(s ) and/or Company(s) otherwise responsible for any liability of any other insurer that may underwrite this policy. The Insurer' s and/or Company's liability may not be increased in the event that any other insurer or other party to this contract who for any reason does not satisfy all or part of its obligations. All other terms and conditions, insured coverage and exclusions of this Insurance Policy remain unchanged, including applicable limits, sublimits and deductibles, and apply in full force and effect to the coverage provided by this Policy. CSI -CPE-048 - 0720 li StarStone Part of the Core Specialty Group PRE- EXISTING DAMAGE EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy. Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement. PRE-EXISTING DAMAGE EXCLUSION ENDORSEMENT There is no coverage under this Policy for loss or damage caused directly or indirectly by the following exclusion . Such loss or damage is excluded regardless of any other cause or event contributing concurrently or in any sequence to the loss or damage . This exclusion applies whether or not the loss event results in widespread damage or affects a substantial area : Loss or damage arising out of pre-existing damage as outlined below: a . A Building or any part of a Building that is in danger of falling down or caving in, b . Any part of a Building that has separated from another part of the Building, or c. A Building or any part of a Building that is standing which shows evidence of cracking, bulging, sagging, bending, leaning, settling, shrinkage or expansion . All other terms and conditions of this Policy remain unchanged . CSI-CPE-054-0720 Page 1 of 1 STARSTONE Part of the En star Group TERRORISM RISK INSURANCE ACT REJECTION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement is a part of your Policy . Except for the changes it makes, all other terms of the Policy remain the same and apply to this endorsement : TERRORISM RISK INSURANCE ACT REJECTION ENDORSEMENT This Clause is issued in accordance with the terms and conditions of the " U . S . Terrorism Risk Insurance Act of 2002 " as amended as and extended by the Terrorism Risk Insurance Insurance Program Reauthorization Act of 2015 summarized in the disclosure notice . It is hereby noted that the Underwriters have made available coverage for "insured losses" directly resulting from an " act of terrorism " as defined in the " U . S . Terrorism Risk Insurance Act of 2002 ", as amended ( "TRIA" ) and the Insured has declined or not confirmed to purchase this coverage . This Insurance therefore affords no coverage for losses directly resulting from any " act of terrorism " as defined in TRIA except to the extent, if any, otherwise provided by this policy. All other terms, conditions, insured coverage and exclusions of this Insurance including applicable limits and deductibles remain unchanged and apply in full force and effect to the coverage provided by this Insurance . All other terms and conditions of the policy remain unchanged . CSI-CPE-039-0720 Page 1 of 1 Aspen Specialty Insurance Company 0- /'tSIe11 POLICY NUMBER : PX00K6222 RENEWAL OF : PX00K6221 COMMON POLICY DECLARATIONS Insured Name & Mailing Address Broker Name & Mailing Address Colorado Counties Casualty and Property Pool CRC Insurance Services , Inc. 800 Grant Street, Suite 400 One Metroplex Drive Denver, CO 80203 Suite 400 Birmingham , AL 35209 Effective Date : 01 /01 /2022 Expiration Date : 01 /01 /2023 12 : 01 A. M . Standard Time at the location of the Covered Property Business Description : Municipalities Premium Summary: In return for the payment of the premium indicated below, and subject to all the terms of this policy, we agree to provide the insurance as stated in this policy. SURPLUS LINES LICENSEE : CRC Corporate License Coverage Premium 183767 This contract is delivered as a surplus line coverage under Commercial Property $73 ,474 the 'Nonadmitted Insurance Act' . The insurer issuing this Terrorism Insured rejected contract is not licensed in Colorado but is an ELIGIBLE nonadmitted insurer. There is no protection under the Total Premium Due $73 ,474 provisions of the 'Colorado Insurance Guaranty Association Act' . Minimum Retained Premium $25 , 716 CO SURPLUS LINES TAX-$2 , 204 . 22 Coverage Forms Applicable : Coverage form schedule as more specifically outlined in Aspen Form ASPPR006 , Schedule of Applicable Forms ASPPR011 DEC 1017 2017 @ Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 2 Includes copyrighted material of ISO Properties , Inc. used with permission IrA Aspen Specialty Insurance Company 0-- Asp en POLICY NUMBER : PX00K6222 RENEWAL OF : PX00K6221 COMMON POLICY DECLARATIONS N amed Insured Colorado Counties Casualty and Property Pool S urplus Lines Broker Name : CRC Insurance Services , Inc. Surplus Lines Broker Address : One Metroplex Drive Suite 400 Birmingham , AL 35209 S urplus Lines Broker License No . : 183767 S urplus Lines State Taxes were filed : CO Issued Date : 05/27/2022 ,...00/1464.481.4. 1 Authorized Representative ASPPR011 DEC 1017 2017 O Aspen Insurance U . S . Services Inc. All rights reserved . Page 2 of 2 Includes copyrighted material of ISO Properties , Inc. used with permission 02Aspen Aspen Specialty Insurance Company IN WITNESS WHEREOF , the Insurer has caused this Policy to be signed by its President and Secretary and countersigned where required by law on the Declarations page by its duly Authorized Representative . arerreneaTerea-HAg t„e ids>. /4 oif Secretary President ASPCO098 0213 2013 ©Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 SCHEDULE OF APPLICABLE FORMS The following forms are attached to and are a part of this policy: Form Number Form Name SNCO 0314 COLORADO SURPLUS LINES NOTICE ASPPR011 DEC 1017 COMMON POLICY DECLARATIONS ASPCO098 0213 SIGNATURE PAGE ASPPR006 0404 SCHEDULE OF APPLICABLE FORMS ASPPR074 1010 EXCESS PHYSICAL DAMAGE SCHEDULE ENDORSEMENT Manus 001 010122 EXCESS PHYSICAL DAMAGE FORM IL0953 0115 EXCLUSION OF CERTIFIED ACTS OF TERRORISM ASPCO002 0821 GENERAL SERVICE OF SUIT NOTICE ASPCO021 0616 OFAC ENDORSEMENT ASPCO023 1016 NBCR TERRORISM EXCLUSION ASPPR072 0807 MINIMUM EARNED PREMIUM CLAUSE ASPPR081 0122 SEEPAGE AND/OR POLLUTION AND/OR CONTAMINATION EXCLUSION , INCLUDING DEBRIS REMOVAL AND COST OF CLEAN UP EXTENSION AND AUTHORITIES EXCLUSION ENDORSEMENT ASPPR086 0312 LOSS ADJUSTMENT ENDORSEMENT ASPPR089 0907 EXCLUSION AND LIMITED ADDITIONAL COVERAGE FOR FUNGUS ASPPR138 0112 COMMON POLICY CONDITIONS ASPPR166 0920 WAIVER PROVISIONS ENDORSEMENT CP0090 0788 COMMERCIAL PROPERTY CONDITIONS IL0935 0702 EXCLUSION OF CERTAIN COMPUTER-RELATED LOSSES LMA5400 1119 PROPERTY CYBER AND DATA ENDORSEMENT LMA5393 0320 COMMUNICABLE DISEASE ENDORSEMENT ASPPR100 0916 POLICYHOLDER'S GUIDE TO REPORTING A PROPERTY CLAIM ASPPR006 0404 2016 @ Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 Aspen Specialty Insurance Company RENEWAL OF : PX00K6221 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCESS PHYSICAL DAMAGE SCHEDULE ENDORSEMENT In consideration of the premium charged , it is agreed that: 1 . Named Insured : Colorado Counties Casualty and Property Pool 2. Addresses of Insured Premises : As per statement of values on file with the company received on 09/01 /2021 Total Insured Value $3 , 066 , 552 , 341 3. Perils Covered : All Risks of Direct Physical Loss or Damage Including Earthquake , Flood Excluding Equipment Breakdown , Flood in SFHA Zones A and V 4. Property Covered : Real Property, Personal Property, Business Income including Extra Expense , Vehicles , Mobile Equipment 5. Primary Insurer / Policy Numbers / Limits : Underwriters of Lloyd 's / PW0330022 / $3 , 000 , 000 part of $ 10 , 000 , 000 6. Underlying Insurers / Policy Numbers / Limits : Refer to Excess Physical Damage Form , Manus 001 010122 , Items 11 , 12 7. Limit Insured : $3 , 750 , 000 Part Of $25 , 000 , 000 Per Occurrence and in the Annual Aggregate for Flood and Earthquake Excess Of $25 , 000 , 000 Per Occurrence and in the Annual Aggregate for Flood and Earthquake , which in turn is excess of underlying deductibles ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPPR074 1010 2016 O Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 EXCESS PHYSICAL DAMAGE FORM 1 . INSURING AGREEMENT S ubject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s ) agree to indemnify the Insured named in the Schedule herein in respect of direct physical loss or damage to the property described in the Schedule , while located or contained as described in the S chedule , occurring during the period stated in the Schedule and caused by any of such perils as are set forth in the Schedule and which are also covered by and defined in the Policy(ies) specified in the S chedule and issued by the "Primary Insurer(s )" stated therein . 2 . APPLICATION OF UNDERLYING PROVISIONS In respect of the perils hereby insured against this Policy is subject to the same warranties , terms and conditions (except as regards the premium , the amount and Limits of Liability other than the deductible or self -insurance provision where applicable , and the renewal agreement, if any, AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are contained in or as may be added to the Policy(ies) of the P rimary Insurer(s) prior to the happening of a loss for which claim is made hereunder and should any alteration be made in the premium forthe Policy(ies) of the Primary Insurer(s ) , then the premium hereon may be adjusted accordingly . 3 . LIMITS OF LIABILITY P rovided always that liability attaches to the Insurer(s) only after the Primary and Underlying Excess Insurer(s ) have paid or have admitted liability forthe full amount of their respective liability as set forth in the Schedule and designated "Primary and Underlying Excess Limit(s)" and then the limits of the Insurer(s ) liability shall be those set forth in the Schedule under the designation " Underlying Excess Limit(s )" and the Insurer(s ) shall be liable to pay up to the full amount of such "Underlying Excess Limit(s )". 4 . MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY(IES) AND LIMITS It is a condition precedent to recovery under this Policy that the Policy(ies) and Limit(s ) of the Primary and Underlying Excess Insurer(s ) set forth in the Schedule be maintained in full force and effect, except for any reduction or exhaustion of any underlying aggregate Limits of Liability contained therein , solely by the amount of loss(es ) paid or admitted during the policy term . There is no recovery under this excess policy as respects those coverages which are sublimited within the primary and /or underlying excess policy(ies) to amounts less than the amount indicated in the S chedule , however, the Insurer(s) to this excess policy recognize that the primary and underlying excess policy limits can be eroded or exhausted , wholly or partially, by application of said sublimits . 5 . DROP DOWN CLAUSE In the event of such reduction of the aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy shall pay excess over the reduced aggregate limit . In the event of exhaustion of aggregate Limits of Liability of the Primary and Underlying Excess Insurance' s this Policy, subject to all its provisions , shall continue in force as Primary Insurance in respect to perils covered by this policy for which the aggregate Limit of Liability has been so exhausted and the deductible or self - insured amount applicable to that peril , as set forth in the Schedule , shall apply to this Policy . v. E F F 081817 I 1 Manus 001 010122 EXCESS PHYSICAL DAMAGE FORM 6 . APPLICATION OF RECOVERIES All salvages , recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Insurer(s) , provided always that nothing in this Policy shall be construed to mean that losses underthis Policy are not recoverable until the Insured ' s ultimate net loss has been finally ascertained . 7 . NOTIFICATION OF CLAIMS The Insured upon knowledge of any occurrence likely to give rise to a claim hereunder shall give immediate written notice thereof to the person (s) or firm named for the purpose in the Schedule . 8 . PRIORITY OF PAYMENT Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and /or coverage and/or peril , it shall be at the sole option of the Insured to apportion recovery underthis policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any o ne loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and / or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and /or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself . 9 . UNCOLLECTIBILITY OF OTHER INSURANCE Notwithstanding any of the terms of this Policy that might be construed otherwise , the insurance provided by this Policy shall always be excess over the maximum monetary limits set forth in Item 10 and / or 11 of The Schedule (reduced only by reduction of any underlying aggregate limits as provided for in Clause 4 herein) 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 u nderlying Insurer(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Insurer(s ) . In the event of the bankruptcy or insolvency, or other financial impairment , of any underlying insurer, this policy shall not be liable for the obligations of the underlying policy. This policy shall apply as if the u nderlying insurance were valid and collectible . This insurance shall not replace the underlying insurance . v. EFF 081817 I 2 Manus 001 010122 EXCESS PHYSICAL DAMAGE FORM THE SCHEDULE 1 . Insurer: Aspen Specialty Insurance Company 2 . Policy Number: PX00K6222 3 Named Insured : Colorado Counties Casualty and Property Pool 4 . Mailing Address : c/o CTSI 800 Grant Street , Suite 400 Denver , CO 80203 5 . Policy Period : From : January 1 , 2022 To : January 1 , 2023 Both days at 12 : 01 am local standard time 6 . Perils Insured : As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 7 . The Property or Interest : As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 8 . The Property Located or Contained As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 9 . Premium : $ 73 , 474 10 . Policy Limit : $ 100 , 000 , 000 per occurrence v. EFF 081817 I 3 Manus 001 010122 EXCESS PHYSICAL DAMAGE FORM 11 Primary Limit( s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR PRIMARY INSURER POLICY NO . PARTICIPATION $ 10 ,000 , 000 Primary a ) $3 , 000 , 000 Underwriters at Lloyd 's, London 30 % PW0330022 b ) $ 2 , 000 , 000 Westchester Surplus Lines 20 % D38095432005 c) $ 2 , 000 , 000 Starr Surplus Lines Ins. Company 20 % SLSTPTY1 1557422 d ) $ 1 , 500 , 000 Underwriters at Lloyd 's, London 15 % PW03301 22 e ) $ 1 , 500 , 000 Allied World Assurance Company 15 % 031216751A II . $ 15 ,000 ,000 Excess $ 10,000 , 000 a ) $ 4 , 500 , 000 Underwriters at Lloyd 's, London 30 % PW0330022 b ) $ 3 , 000 , 000 Westchester Surplus Lines 20 % 0380954320045 c) $ 3 , 000 , 000 Starr Surplus Lines Ins . Company 20 % SLSTPTY1 1557422 d ) $ 4 , 500 , 000 Evanston Insurance Company 30 % MKLV2XPR000583 v. EFF 081817 I 4 Manus 001 010122 EXCESS PHYSICAL DAMAGE FORM 12 . Underlying Excess Limit( s ) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR EXCESS INSURER POLICY NO . PARTICIPATION III . $ 25 , 000 ,000 Excess $ 25,000 ,000 a ) $ 10 , 000 , 000 Fidelis Underwriting Limited 40 % NOGW48568022 b ) $ 3 , 750 , 000 Aspen Specialty Insurance Company 15 % PX00K6222 c) $ 2 , 500 , 000 Lexington Insurance Company 10 % 0006893563 d ) $2 , 500 , 000 Palms Insurance Company Limited 10 % PLM0006600 e ) $3 , 750 , 000 StarStone Specialty Insurance Company 15 % H85052210 CS P f) $2 , 500 , 000 Westfield Specialty Insurance Company 10 % XAR00002ND D IV . $ 50 , 000 ,000 Excess $ 50,000 ,000 a ) $ 15 , 000 , 000 RSUI Indemnity Company 30 % NHD921815 b ) $ 12 , 500 , 000 Homeland Insurance Company of New York 25 % 795017310 c) $ 12 , 500 , 000 Mitsui Sumitomo Insurance Co . of America 25 % EX P70000992 d ) $ 10 , 000 , 000 First Specialty Insurance Corporation 20 % ES P200539000 v. E F F 081817 I 5 Manus 001 010122 EXCESS PHYSICAL DAMAGE FORM 13 . Total Limits [including " Primary" and " Excess"] subject to annual aggregates [per layers and participation 's as outlined in items 11 - 12 above] : $50 , 000 , 000 except $5 , 000 , 000 for Flood Zone A anyone policy year in respect of the peril of Flood_ $50 , 000 , 000 any one policyyearin respect of the peril of Earthquake 14 . Notification of Claims to : Property . claims@aspenspecialty . com v. EFF 081817 I 6 Manus 001 010122 POLICY NUMBER : PXOOK6222 IL 09 53 01 15 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION OF CERTIFIED ACTS OF TERRORISM This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART EQUIPMENT BREAKDOWN COVERAGE PART FARM COVERAGE PART STANDARD PROPERTY POLICY SCHEDULE The Exception Covering Certain Fire Losses ( Paragraph C) applies to property located in the following state(s) , if covered under the indicated Coverage Form , Coverage Part or Policy: State( s) Coverage Form, Coverage Part Or Policy Information required to complete this Schedule, if not shown above, will be shown in the Declarations. A. The following definition is added with respect to CERTIFIED ACT OF TERRORISM the provisions of this endorsement: EXCLUSION "Certified act of terrorism means an act that is We will not pay for loss or damage caused certified by the Secretary of the Treasury, in accordance with the provisions of the federal directly or indirectly by a "certified act of terrorism" . Such loss or damage is excluded Terrorism Risk Insurance Act, to be an act of regardless of any other cause or event that terrorism pursuant to such Act. The criteria contributes concurrently or in any sequence to contained in the Terrorism Risk Insurance Act the loss . for a "certified act of terrorism" include the following : C . Exception Covering Certain Fire Losses 1 . The act resulted in insured losses in excess The following exception to the exclusion in of $5 million in the aggregate , attributable to Paragraph B. applies only if indicated and as all types of insurance subject to the indicated in the Schedule of this endorsement. Terrorism Risk Insurance Act; and If a "certified act of terrorism" results in fire , we 2. The act is a violent act or an act that is will pay for the loss or damage caused by that dangerous to human life , property or fire . Such coverage for fire applies only to infrastructure and is committed by an direct loss or damage by fire to Covered individual or individuals as part of an effort Property. Therefore , for example , the coverage to coerce the civilian population of the does not apply to insurance provided under United States or to influence the policy or Business Income and/or Extra Expense affect the conduct of the United States coverage forms or endorsements which apply Government by coercion . to those forms, or to the Legal Liability B . The following exclusion is added : Coverage Form or the Leasehold Interest Coverage Form . IL 09 53 01 15 © Insurance Services Office , Inc. , 2015 Page 1 of 2 If aggregate 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 Terrorism Risk Insurance Act, we shall not be liable for the payment of any portion of the amount of such losses that exceeds $ 100 billion , and 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. D. Application Of Other Exclusions The terms and limitations of any terrorism exclusion , or the inapplicability or omission of a terrorism exclusion , do not serve to create coverage for any loss which would otherwise be excluded under this Coverage Part or Policy, such as losses excluded by the Nuclear Hazard Exclusion or the War And Military Action Exclusion . IL 09 53 01 15 © Insurance Services Office , Inc. , 2015 Page 2 of 2 Aspen Specialty Insurance Company ( Herein called the Company) GENERAL SERVICE OF SUIT NOTICE In the event of failure of the Company to pay any amount claimed to be due under the terms of this policy , the Company, at the request of the Insured , will submit to the jurisdiction of a court of competent jurisdiction within the United States . Nothing in this condition constitutes or should be understood to constitute a waiver of the Company's 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 . In any suit instituted against the Company upon this policy, the Company will abide by the final decision of such court or of any appellate court in the event of appeal . It is further agreed that service of process in such suit may be made upon : Aspen Specialty Insurance Management, Inc c/o General Counsel 400 Capital Blvd . , Suite 200 Rocky Hill , CT 06067-3576 (877) 245-3510 Questions can be directed to : Compliance . us@aspenspecialty. com Further, pursuant to any statute of any state , territory, or district of the United States which makes provision therefore , the Company hereby designates the Superintendent, Commissioner or Director of Insurance , Secretary of State , or other officer specified for that purpose in the statute , as its true and lawful attorney upon whom service may be made of any lawful process in any action , suit, or proceeding instituted by or on behalf of the Insured or any beneficiary hereunder arising out of this policy of insurance and hereby designates the above named General Counsel as the person to whom the said officer is authorized to mail such process or a true copy thereof. This notice does not change any other provision of the policy. ASPCO002 0821 © Aspen Insurance U . S . Services Inc. , 2021 Page 1 of 1 All rights reserved Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. OFAC ENDORSEMENT In consideration of the premium charged , it is agreed that any payment under this Policy shall only be made in full compliance with all U . S . A economic or trade sanctions or other laws or regulations, including sanctions , laws and regulations administered and enforced by the U . S . Treasury Department' s Office of Foreign Assets Control (" OFAC"). ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPCO021 0616 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. NUCLEAR , BIOLOGICAL , CHEMICAL , OR RADIOLOGICAL TERRORISM EXCLUSION This endorsement modifies insurance provided under this Policy. TO THE EXTENT ANY PROVISION OF THIS ENDORSEMENT CONFLICTS WITH ANY PROVISION OF THE POLICY OR ANY OF ITS OTHER ENDORSEMENTS, THE PROVISIONS OF THIS ENDORSEMENT WILL SUPERSEDE. In consideration of the premium charged , it is agreed that: 1 . Notwithstanding anything to the contrary contained within the Policy, the following exclusion is added to the Policy: Nuclear, Biological , Chemical, Or Radiological Terrorism No coverage will be available under this insurance for any loss , cost, damage , expense , injury, claim or suit, caused by, arising out of, or resulting directly or indirectly, in whole or in part from any act of Nuclear, Biological , Chemical , Or Radiological Terrorism , regardless of any other cause or event that contributes concurrently or in any other sequence to the act of Nuclear, Biological , Chemical , Or Radiological Terrorism . 2. For the purpose of this Endorsement the following Definitions are added to the Policy: Biological Agent means any pathogenic (disease producing ) micro-organism (s) and/or biological produced toxin (s) , including genetically modified organisms and chemically synthesized toxin (s) which caused illness , damage , injury or death in humans , animals , or plants . Chemical Agent means any compound which , when disseminated , produces incapacitating illness , or damaging and/or lethal effects on people , animals , plants , or property. Nuclear, Biological , Chemical, Or Radiological Terrorism means the : a. Dispersal , application , or release of radioactive material ; b . Use of any nuclear weapon or device that involves or produces a nuclear reaction , nuclear radiation , or radioactive contamination ; or c. Emission , discharge , dispersal , release , or escape of any solid , liquid or gaseous Biological Agent and/or Chemical Agent; by any person or group(s) of persons , whether acting alone , or on behalf of or in connection with any organization (s) or government(s) , committed for political , religious, ideological purposes or reasons , including the intention to influence any government and/or to put the public, or any section of the public, in fear. ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPCO023 1016 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. MINIMUM EARNED PREMIUM CLAUSE - PERCENTAGE ENDORSEMENT In consideration of the premium charged , it is agreed that: In the event of cancellation of this policy by the insured , a minimum premium of 35% of the original policy premium shall become earned ; any conditions of the policy to the contrary notwithstanding . Failure of the insured to make timely payment of premium shall be considered a request by the insured for the Company to cancel . In the event of such cancellation by the Company for non-payment of premium , the minimum premium shall be due and payable ; provided , however, such non-payment cancellation shall be rescinded if the insured remits the full premium due within 10 days of receiving it . In the event of any other cancellation by the Company, the earned premium shall be computed pro rata , not subject to the minimum payment. ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPPRO72 0807 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. SEEPAGE AND/OR POLLUTION AND/OR CONTAMINATION EXCLUSION , INCLUDING DEBRIS REMOVAL AND COST OF CLEAN UP EXTENSION AND AUTHORITIES EXCLUSION ENDORSEMENT In consideration of the premium charged , it is agreed that : S EEPAGE AND/OR POLLUTION AND/OR CONTAMINATION EXCLUSION Notwithstanding any provision in the policy to which this Endorsement is attached , this policy does not insure against loss , damage , costs or expenses in connection with any kind or description of seepage and/or pollution and/or contamination , direct or indirect, arising from any cause whatsoever. N evertheless , if fire is not excluded from this policy and a fire arises directly or indirectly from seepage and/or pollution and/or contamination , any loss or damage insured under this policy arising directly from that fire shall (subject to the terms , conditions and limitations of the policy) be covered . However, if the insured property is the subject of direct physical loss or damage for which we have paid or agreed to pay, then this policy (subject to its terms , conditions and limitations) insures against direct physical loss or damage to the property insured hereunder caused by resulting seepage and/or pollution and/or contamination . You shall give notice to us of intent to claim NO LATER THAN TWELVE ( 12 ) MONTHS AFTER THE DATE OF THE ORIGINAL PHYSICAL LOSS OR DAMAGE . DEBRIS REMOVAL AND COST OF CLEAN UP EXTENSION N otwithstanding the provisions of the preceding Exclusion in this Endorsement or any provision respecting seepage and/or pollution and/or contamination , and or debris removal and/or clean up in the policy to which this Endorsement is attached , in the event of direct physical loss or damage to the property insured hereunder, this policy (subject otherwise to its terms , conditions and limitations , including but not limited to any applicable deductible ) also insures within the sum insured : 1 . Expenses incurred in removal of debris of the property insured hereunder destroyed or damaged from the insured premises ; and/or 2. Cost of clean-up , at your premises, made necessary as a result of such loss or damage . P rovided that this policy does not insure against the costs of decontamination or removal of water, soil or any other substance on or under such premises . S EEPAGE AND/OR POLLUTION AND/OR CONTAMINATION EXCLUSION : continued It is a condition precedent to recovery under this Extension that we shall have paid or agreed to pay for physical loss or damage to the property insured hereunder unless such payment is precluded solely by the operation of any deductible and that you shall give notice to us of intent to claim for cost of removal of debris or cost of clean-up NO LATER THAN TWELVE ( 12 ) MONTHS AFTER THE DATE OF SUCH PHYSICAL LOSS OR DAMAGE . ASPPR081 0122 2022 @ Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 2 AUTHORITIES EXCLUSION Notwithstanding any of the preceding provisions of this Endorsement or any provision of the policy to which this Endorsement is attached , this policy does not insure against loss, damage , cost, expenses , fines or penalties incurred or sustained by or imposed on you at the order of any Government Agency, Court or other Authority arising from any cause whatsoever. Without restricting the generality of the foregoing , the policy does not cover claims arising out of the following U .S . legislation or amendments thereto : 1 . Resource conservation and Recovery Act ( R. C . R.A. ) commonly known as Solid Waste Disposal Act. 2. Comprehensive Environmental Response , Compensation and Liability Act (C . E . R. C . L .A. ) commonly known as Superfund . 3. Superfund Amendments and Reauthorization Act (S .A. R.A. ) commonly known as Superfund Two . APPLICATION OF OTHER EXCLUSIONS Nothing in the Endorsement shall serve to create coverage for any loss which would otherwise be excluded such as losses excluded by the asbestos or radioactive contamination exclusion clause in the policy to which this Endorsement is attached . ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPPR081 0122 2022 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 2 of 2 Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. LOSS ADJUSTMENT ENDORSEMENT In consideration of the premium charged , it is agreed that: We have the option of engaging a separate loss adjuster and/or loss adjustment facility in place of any loss adjuster and/or loss adjustment facility so designated or named in the policy or any other policy of insurance that may be in force at our sole discretion and expense . ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPPR086 0312 2016 @ Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION AND LIMITED ADDITIONAL COVERAGE FOR FUNGUS ENDORSEMENT In consideration of the premium charged , it is agreed that: A. The following Exclusion is added : EXCLUSION — " Fungus" , Wet Rot, Dry Rot and Bacteria We will not pay for loss or damage caused directly or indirectly by the presence , growth , proliferation , spread or any activity of "fungus" , wet or dry rot or bacteria . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . But if "fungus" , wet or dry rot or bacteria results in a Covered Cause of Loss , we will pay for the loss or damage caused by the Covered Cause of Loss . This Exclusion does not apply: 1 . When "fungus" , wet or dry rot or bacteria results from fire or lightning ; or 2. To the extent that coverage is provided in the Additional Coverage — Limited Coverage For " Fungus" , Wet Rot, Dry Rot And Bacteria with respect to loss or damage by a cause of loss other than fire or lightning . B. The following Additional Coverage is added : ADDITIONAL COVERAGE — Limited Coverage for " Fungus ", Wet Rot, Dry Rot and Bacteria 1 . This Limited Coverage applies only when the "fungus" , wet or dry rot or bacteria is the result of one or more of the following causes that occurs during the policy period and only if all reasonable means were used to save and preserve the property from further damage at the time of and after that occurrence , and only if any loss resulting from the following is reported to us within sixty (60 ) days of the occurrence : a. A Covered Cause of Loss other than fire or lightning ; or b. Flood , if the Flood Coverage Endorsement applies to the affected premises . 2. Under conditions described in item B . 1 . above , we will pay for loss or damage by "fungus" , wet or dry rot or bacteria . As used in the Limited Coverage , the term loss or damage means : a. Direct physical loss or damage to Covered Property caused by "fungus" , wet or dry rot or bacteria , including the cost of removal of the "fungus" , wet or dry rot or bacteria ; b. The cost to tear out and replace any part of the building or other property as needed to gain access to the "fungus" , wet or dry rot or bacteria ; and c. The cost of testing performed after removal , repair, replacement or restoration of the damaged property is completed , provided there is a reason to believe that "fungus , wet or dry rot or bacteria are present. 3. The coverage provided under this Limited Coverage is limited to $ 15 , 000 . Regardless of the number of claims, this limit is the most we will pay for the total of all loss or damage arising out of all occurrences which take place in a 12—month period (starting with the beginning of the present annual policy period ) . With respect to a particular occurrence of loss which results in "fungus" , wet or dry rot or bacteria , we will not pay more than a total of $ 15 , 000 even if the "fungus" , wet or dry rot or bacteria continues to be present or active , or recurs, in a later policy period . ASPPR089 0907 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 2 4. The coverage provided under this Limited Coverage does not increase the applicable Limit of Insurance on any Covered Property. If a particular occurrence results in loss or damage by "fungus" , wet or dry rot or bacteria , and other loss or damage , we will not pay more for the total of all loss or damage , that the applicable Limit of Insurance on the affected Covered Property. If there is covered loss or damage to Covered Property, not caused by "fungus" , wet or dry rot or bacteria , loss payment will not be limited by the terms of this Limited Coverage , except to the extent that "fungus" , wet or dry rot or bacteria causes an increase in the loss . Any such increase in the loss will be subject to the terms of this Limited Coverage . C . The following definition is added : " Fungus" means any type or form of fungus , including mold or mildew, and any mycotoxins , spores , scents or by- products produced or released by fungi . ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPPR089 0907 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 2 of 2 Aspen Specialty Insurance Company COMMON POLICY CONDITIONS All Coverage Parts included in this policy are subject to the following conditions . A. Cancellation C . Examination Of Your Books And Records 1 . The first Named Insured shown in the We may examine and audit your books and records Declarations may cancel this policy by mailing or as they relate to this policy at any time during the delivering to us advance written notice of policy period and up to three years afterward . cancellation . D. Inspections And Surveys 2. We may cancel this policy by mailing or delivering to the first Named Insured written 1 . We have the right to : notice of cancellation at least: a. Make inspections and surveys at any time ; a. 10 days before the effective date of cancellation if we cancel for nonpayment of b. Give you reports on the conditions we find ; premium ; or and b. 30 days before the effective date of c. Recommend changes . cancellation if we cancel for any other reason . 2. We are not obligated to make any inspections , surveys, reports or recommendations and any 3. We will mail or deliver our notice to the first such actions we do undertake relate only to N amed Insured's last mailing address known to insurability and the premiums to be charged . We us . do not make safety inspections . We do not undertake to perform the duty of any person or 4. Notice of cancellation will state the effective date organization to provide for the health or safety of of cancellation . The policy period will end on that workers or the public. And we do not warrant date . that conditions : 5. If this policy is cancelled , we will send the first a. Are safe or healthful ; or N amed Insured any premium refund due . If we cancel , the refund will be pro rata . If the first b. Comply with laws , regulations , codes or N amed Insured cancels , the refund may be less standards . than pro rata . The cancellation will be effective even if we have not made or offered a refund . 3. Paragraphs 1 . and 2. of this condition apply not only to us , but also to any rating , advisory, rate 6. If notice is mailed , proof of mailing will be service or similar organization which makes sufficient proof of notice . insurance inspections , surveys , reports or recommendations . B. Changes 4. Paragraph 2. of this condition does not apply to This policy contains all the agreements between you any inspections , surveys , reports or and us concerning the insurance afforded . The first recommendations we may make relative to Named Insured shown in the Declarations is certification , under state or municipal statutes , authorized to make changes in the terms of this ordinances or regulations , of boilers , pressure policy with our consent. This policy's terms can be vessels or elevators . amended or waived only by endorsement issued by us and made a part of this policy. E . Premiums The first Named Insured shown in the Declarations: ASPPR138 0112 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 2 Includes copyrighted material of ISO Properties , Inc. used with permission 1 . Is responsible for the payment of all premiums ; and 2. Will be the payee for any return premiums we pay. F. Transfer Of Your Rights And Duties Under This Policy Your rights and duties under this policy may not be transferred without our written consent except in the case of death of an individual named insured . If you die , your rights and duties will be transferred to your legal representative but only while acting within the scope of duties as your legal representative . Until your legal representative is appointed , anyone having proper temporary custody of your property will have your rights and duties but only with respect to that property. ASPPR138 0112 2016 © Aspen Insurance U . S . Services Inc. All rights reserved . Page 2 of 2 Includes copyrighted material of ISO Properties , Inc. used with permission Aspen Specialty Insurance Company THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY. WAIVER PROVISIONS ENDORSEMENT In consideration of the premium charged , it is agreed that no permission affecting this insurance shall exist, or waiver of any provision be valid , unless granted herein or expressed in writing added hereto . No provision , stipulation or forfeiture shall be held to be waived by any requirement or proceeding on our part relating to appraisal or to any examination provided for herein . Likewise , no term , condition , obligation or requirement shall be held to be waived for any reason or by any correspondence whatsoever, unless granted herein or expressed in writing added hereto . In summary, this endorsement expressly and completely supersedes any and all other means and instruments which might impact the coverages, and waivers thereof, for any aspect of this insurance . ALL OTHER TERMS , CONDITIONS AND EXCLUSIONS REMAIN UNCHANGED . ASPPR166 0920 2020 @ Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 COMMERCIAL PROPERTY COMMERCIAL PROPERTY CONDITIONS This Coverage Part is subject to the following conditions , the Common Policy Conditions and applicable Loss Conditions and Additional Conditions in Commercial Property Coverage Forms . A. CONCEALMENT, MISREPRESENTATION OR F . NO BENEFIT TO BAILEE FRAUD No person or organization , other than you , having This Coverage Part is void in any case of fraud by custody of Covered Property will benefit from this you as it relates to this Coverage Part at any time . insurance . It is also void if you or any other insured , at any G . OTHER INSURANCE time , intentionally conceal or misrepresent a material fact concerning : 1 . You may have other insurance subject to the same plan , terms, conditions and provisions as 1 . This Coverage Part; the insurance under this Coverage Part. If you 2. The Covered Property; do , we will pay our share of the covered loss or 3. Your interest in the Covered Property; or damage . Our share is the proportion that the applicable Limit of Insurance under this 4. A claim under this Coverage Part. Coverage Part bears to the Limits of Insurance B . CONTROL OF PROPERTY of all insurance covering on the same basis . Any act or neglect of any person other than you 2. If there is other insurance covering the same beyond your direction or control will not affect this loss or damage , other than that described in 1 . insurance . above , we will pay only for the amount of The breach of any condition of this Coverage Part covered loss or damage in excess of the at any one or more locations will not affect amount due from that other insurance , whether coverage at any location where , at the time of loss you can collect on it or not. But we will not pay or damage , the breach of condition does not exist. more than the applicable Limit of Insurance . H . POLICY PERIOD, COVERAGE TERRITORY C . INSURANCE UNDER TWO OR MORE COVERAGES Under this Coverage Part: If two or more of this policy's coverages apply to 1 . We cover loss or damage commencing : the same loss or damage , we will not pay more a. During the policy period shown in the than the actual amount of the loss or damage . Declarations ; and D. LEGAL ACTION AGAINST US b . Within the coverage territory. No one may bring a legal action against us under 2. The coverage territory is : this Coverage Part unless : a. The United States of America (including its 1 . There has been full compliance with all of the territories and possessions) ; terms of this Coverage Part; and b . Puerto Rico ; and 2. The action is brought within 2 years after the date on which the direct physical loss or c. Canada . damage occurred . E . LIBERALIZATION If we adopt any revision that would broaden the coverage under this Coverage Part without additional premium within 45 days prior to or during the policy period , the broadened coverage will immediately apply to this Coverage Part. CP 00 90 07 88 Copyright, ISO Commercial Risk Services , Inc. , 1983 , 1987 Page 1 of 2 O I . TRANSFER OF RIGHTS OF RECOVERY 1 . Prior to a loss to your Covered Property or AGAINST OTHERS TO US Covered Income . If any person or organization to or for whom we 2. After a loss to your Covered Property or make payment under this Coverage Part has Covered Income only if, at time of loss , that rights to recover damages from another, those party is one of the following : rights are transferred to us to the extent of our a. Someone insured by this insurance ; payment. That person or organization must do everything necessary to secure our rights and b . A business firm : must do nothing after loss to impair them . But you ( 1 ) Owned or controlled by you ; or may waive your rights against another party in (2) That owns or controls you ; or writing : c. Your tenant. This will not restrict your insurance . Page 2 of 2 Copyright, ISO Commercial Risk Services , Inc. , 1983 , 1987 CP 00 90 07 88 ❑ IL 09 35 07 02 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION OF CERTAIN COMPUTER- RELATED LOSSES This endorsement modifies insurance provided under the following : COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART STANDARD PROPERTY POLICY A. We will not pay for loss ("loss") or damage caused 2. Any advice , consultation , design , evaluation , directly or indirectly by the following . Such loss inspection , installation , maintenance , repair, (" loss" ) or damage is excluded regardless of any replacement or supervision provided or done other cause or event that contributes concurrently by you or for you to determine , rectify or test or in any sequence to the loss (" loss" ) or damage . for, any potential or actual problems described 1 . The failure , malfunction or inadequacy of: in Paragraph A. 1 . of this endorsement. a. Any of the following , whether belonging to B . If an excluded Cause of Loss as described in any insured or to others : Paragraph A. of this endorsement results : ( 1 ) Computer hardware , including 1 . In a Covered Cause of Loss under the Crime and Fidelity Coverage Part, the Commercial microprocessors; Inland Marine Coverage Part or the Standard (2) Computer application software ; Property Policy; or (3) Computer operating systems and 2. Under the Commercial Property Coverage related software ; Part: (4) Computer networks ; a. In a "Specified Cause of Loss" , or in (5) Microprocessors (computer chips ) not elevator collision resulting from mechanical part of any computer system ; or breakdown , under the Causes of Loss — (6) Any other computerized or electronic Special Form ; or equipment or components ; or b . In a Covered Cause of Loss under the b . Any other products , and any services , data Causes Of Loss — Basic Form or the or functions that directly or indirectly use or Causes Of Loss — Broad Form ; rely upon , in any manner, any of the items we will pay only for the loss (" loss" ) or damage listed in Paragraph A. 1 .a . of this caused by such "Specified Cause of Loss" , endorsement; elevator collision , or Covered Cause of Loss . due to the inability to correctly recognize , C . We will not pay for repair, replacement or process , distinguish , interpret or accept one or modification of any items in Paragraphs A. 1 .a . and more dates or times . An example is the inability A. 1 . b . of this endorsement to correct any of computer software to recognize the year deficiencies or change any features . 2000 . IL 09 35 07 02 © ISO Properties , Inc. , 2001 Page 1 of 1 O PROPERTY CYBER AND DATA ENDORSEMENT 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any : 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 . 2 loss , damage , liability, claim , cost , expense of whatsoever nature directly or indirectly caused by, contributed to by , resulting from , arising out of or in connection with any loss of use, reduction in functionality, repair, replacement , restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident , unless that Cyber Incident is caused by, contributed to by, resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act . 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any endorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy, then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back- up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party, even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect . 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by, contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident . 7 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process , use or operate any Computer System . 9 Computer System means : 9 . 1 any computer , hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop, tablet , wearable device) , server , cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input , output , data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party . 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself . LMA5400 11 November 2019 COMMUNICABLE DISEASE ENDORSEMENT ( For use on property policies) 1 . This policy , subject to all applicable terms , conditions and exclusions , covers losses attributable to direct physical loss or physical damage occurring during the period of insurance . Consequently and notwithstanding any other provision of this policy to the contrary , this policy does not insure any loss , damage , claim , cost, expense or other sum , directly or indirectly arising out of, attributable to, or occurring concurrently or in any sequence with a Communicable Disease or the fear or threat (whether actual or perceived ) of a Communicable Disease . 2 . For the purposes of this endorsement , loss , damage , claim , cost , expense or other sum , includes , but is not limited to, any cost to clean - up , detoxify, remove , monitor or test : 2 . 1 . for a Communicable Disease, or 2 . 2 . any property insured hereunder that is affected by such Communicable Disease . 3 . As used herein , a Communicable Disease means any disease which can be transmitted by means of any substance or agent from any organism to another organism where : 3 . 1 . the substance or agent includes , but is not limited to , a virus , bacterium , parasite or other organism or any variation thereof, whether deemed living or not , and 3 . 2 . the method of transmission , whether direct or indirect, includes but is not limited to , airborne transmission , bodily fluid transmission , transmission from or to any surface or object, solid , liquid or gas or between organisms, and 3 . 3 . the disease , substance or agent can cause or threaten damage to human health or human welfare or can cause or threaten damage to , deterioration of, loss of value of , marketability of or loss of use of property insured hereunder. 4 . This endorsement applies to all coverage extensions, additional coverages , exceptions to any exclusion and other coverage grant (s ) . All other terms, conditions and exclusions of the policy remain the same . LMA5393 25 March 2020 Aspen Specialty Insurance Company POLICYHOLDER ' S GUIDE TO REPORTING A PROPERTY CLAIM A. At the time when you are aware of an event that will give rise to the need to report a claim on your own behalf ( 1st Party Property Claims) , please be sure to quickly report the matter to both your agent/broker and Aspen Specialty Insurance Management Company. Be sure to include your policy number and the name of the insured as it is stated on the policy. B . New claims can be reported to Aspen Specialty Insurance Company as follows : 1 . By Mail : Aspen Specialty Insurance Company c/o Aspen Specialty Insurance Management Company Claims Department 125 Summer Street Boston , MA 02110 Main Telephone No : 617-532-7300 2. By Fax : 617-532-7342 3. By E-mail : property. claims@aspenspecialty. com 4. Toll Free for policyholders to use in the event of a disaster: 855-397-3295 ASPPR100 0916 2016 @ Aspen Insurance U . S . Services Inc. All rights reserved . Page 1 of 1 COLORADO SURPLUS LINES NOTICE THIS CONTRACT IS DELIVERED AS A SURPLUS LINE COVERAGE UNDER THE NONADMITTED INSURANCE ACT' . THE INSURER ISSUING THIS CONTRACT IS NOT LICENSED IN COLORADO BUT IS AN APPROVED ELIGIBLE INSURER . THERE IS NO PROTECTION UNDER THE PROVISIONS OF THE ` COLORADO INSURANCE GUARANTY ASSOCIATION ACT' . SNCO 0314 Page 1 napoinI Arra an AESSO JLIMIIT ]ED CONTRACT OF INSURANCE Colorado Counties Casualty and Property Pool Policy No : NOGW48568022 PROPERTY INSURANCE LIMIT OF LIABILITY USD 25 , 000 , 000 excess of USD 25 , 000 , 000 PERIOD OF INSURANCE : From 1St January , 2022 to 1St January , 2023 Complaints Procedures Besso Limited is dedicated to providing you with a high quality service and all efforts are made to ensure that we maintain this at all times . However, if you feel that we have not provided you with a first class service , please inform us immediately and we will do our very best to resolve the problem in a professional and timely manner. Our Contact details are as follows :- Besso Limited 8- 11 Crescent London EC3N 2LY Telephone : + 44 (0) 020 7480 1000 E- Mail : complaintsCcbesso . co . uk - v In the event that you still remain dissatisfied and wish t0 make a complaint, you can refer the grievance to the Policyholder & Market Assistance , Lloyd 's , who should , in most circumstances , be able to review the matter. Their contact details are as follows :- Complaints Lloyd 's One Lime Street, London , EC3M 7HA. Telephone : +44 (0) 020 7327 5693 Facsimile : +44 (0) 020 7327 5225 E- mail : comnlaintsn_ llovds . com - v Website : www . Ilovds . com/complaints Both Besso Limited and Lloyd 's are authorised and regulated by the Financial Conduct Authority based at the following address :- Financial Conduct Authority 25 , The North Colonnade Canary Wharf London E14 5HS Telephone : + 44 (0) 0207 066 1000 UMR : B0595NOGW48568022 CONTENTS SECTION I : ENDORSEMENTS SECTION II : RISK DETAILS INFORMATION SECURITY DETAILS /SIGNING SCHEDULE SECTION III : TERMS AND CONDITIONS UMR : B0595NOGW48568022 SECTION ENDORSEMENTS UMR : B0595NOGW48568022 SECTION II RISK DETAILS INFORMATION SECURITY DETAILS / SIGNING SCHEDULE CO SURPLUS LINES TAX - $ 6 , 528 . 00 U MR : B0595NOGW48568022 SL, RD _ .� S _ NES _ CENSEE : CRC Corporate License 183767 This contract is delivered as a surplus line RISK DETAILS coverage under the ' Nonadmitted Insurance Act ' . The insurer issuing this contract is not UNIQUE MARKET licensed in Colorado but is an ELIGIBLE REFERENCE : B0595NOGW48568022 nonadmitted insurer . There is no protection under the provisions of the ' Colorado POLICY NUMBER : NOGW48568022 Insurance Guaranty Association Act' . TYPE : Excess risks of direct physical loss or damage insurance including flood and earthquake . INSURED : Colorado Counties Casualty and Property Pool ADDRESS : do County Technical Services , Inc. 800 Grant Street , Suite 400 Denver Colorado 80203 P ERIOD : From : 01 January 2022 To : 01 January 2023 both days at 12 . 01 a . m . Local Standard Time at the property of the Insured . COVERED P ROPERTY: Real and Personal Property, Business Interruption , Extra Expense , Rental Value , Property in Transit , Accounts Receivable , Leasehold Interest, Electronic Data Processing equipment and media , Fine Arts , Contractors Equipment , and Valuable Papers as defined in the U nderlying Wording . LIMITS OF INSURERS LIABILITY: USD 25 , 000 , 000 ultimate net loss per Occurrence , subject to U SD 25 , 000 , 000 in aggregate in respect of the peril of Flood , and U SD 25 , 000 , 000 in the aggregate in respect of the peril of Earthquake P RIMARY AND U NDERLYING EXCESS LIMITS : USD 25 , 000 , 000 ultimate net loss per Occurrence , subject to U SD 25 , 000 , 000 in aggregate in respect of the peril of Flood , limited to USD 5 , 000 , 000 in the aggregate in respect of Flood Zone A . U SD 25 , 000 , 000 in the aggregate in respect of the peril of Earthquake Which in turn excess of Primary deductible amounts . S ITUATION : Schedule of Locations in Colorado , United States of America as held on file with Besso Limited . CONDITIONS : All terms and conditions following the underlying Primary Westchester U urplus Lines Policy as far as applicable . . Page 1 U MR : B0595NOGW48568022 CRC Excess Physical Damage Form attached . P rimary Insurer: - N ame : to be agreed Policy Number to be agreed Limit: to be agreed U nderlying Excess Insurers : - not applicable Business Interruption Extension LPO 349 (C) amended 90 days Cancellation Clause - NMA 1331 . Additional Limitations and Conditions Endorsement (Standard) - NMA 2415 - (amount to be shown under Section V. 2 . - Nil) . Land , Water and Air Exclusion ; Seepage and/or Pollution and/or Contamination Exclusion ; Debris Removal Endorsement — NMA 2340 Radioactive Contamination Exclusion Clause Physical Damage - Direct - NMA 1191 War & Civil War Exclusion — NMA 464 Terrorism Exclusion Clause - NMA 2920 U . S . Terrorism Risk Insurance Act of 2002 as amended Not Purchased Clause — LMA 5390 Biological or Chemical Materials Exclusion — NMA 2962 P roperty Cyber and Data Endorsement LMA5400 Microorganism Exclusion (Absolute) - LMA 5018 Asbestos Endorsement - LMA 5019 Electronic Date Recognition Exclusion (EDRE) - NMA 2802 N ew Short Rate Cancellation Table Endorsement - NMA 45 Minimum Earned Premium — LSW 757 Hurricane Minimum Earned Premium Endorsement Fraudulent Claim Clause — LMA 5062 Sanctions Limitation and Exclusion Clause — LMA 3100 Communicable Disease Endorsement — LMA 5393 Strikes & Riots and Civil Commotions Exclusion N OTIFICATION OF CLAIMS TO : Amy White (Besso Limited) 8- 11 Crescent, London , EC3N 2LY amv .white@esso . co . uk - v N OTICES : Data Protection Short Form Information Notice LMA9151 amended CHOICE OF LAW AND JURISDICTION : This Insurance shall be governed by the law of Colorado and the courts of the U . S .A . shall have jurisdiction in any dispute arising hereunder, subject to the provisions of the Service of Suit Clause as follows :- Service of Suit Clause (USA) — NMA 1998 naming Lloyd 's America , Inc, Attention : Legal Department , 280 Park Avenue , East Tower, 25th Floor, New York, New York 10017 Page 2 U MR : B0595NOGW48568022 P REMIUM : USD 544 , 000 (100 %) Annual P REMIUM PAYMENT TERMS : PREMIUM PAYMENT CONDITION PPG TOR (4/86) It is a condition of this Contract of Insurance that the premium due at inception must be paid to and received by Insurers on or before Midnight on the 15th February 2022 If this condition is not complied with then this Contract will terminate on the above date with the Insured hereby agreeing to pay a premium calculated at not less than pro rata temporis but full policy premium shall be payable to Insurers in the event of loss prior this Contract being cancelled . TAXES PAYABLE BY THE INSURED AND ADMINISTERED BY INSURERS : None . INSURER CONTRACT DOCUMENTATION : This document contains the contract terms entered into by the insurers and constitutes the contract document . This contract is subject to US state surplus lines requirements . It is the responsibility of the surplus lines broker to affix a surplus lines notice to the contract document before it is provided to the Insured . In the event that the surplus lines notice is not affixed to the contract document then the insured should contact the surplus lines broker. Page 3 UMR : B0595NOGW48568022 INFORMATION Total Insurable Value : USD 3 , 066 , 552 , 341 Loss History as seen . Page 4 U MR : B0595NOGW48568022 SECURITY DETAILS ( RE) INSURERS LIABILITY CLAUSE ( Re) insurer's liability several not joint The liability of a (re) insurer under this contract is several and not joint with other (re) insurers party to this contract. A (re) insurer is liable only for the proportion of liability it has u nderwritten . A (re) insurer is not jointly liable for the proportion of liability underwritten by any other (re) insurer. Nor is a (re) insurer otherwise responsible for any liability of any other (re) insurer that may underwrite this contract . The proportion of liability under this contract underwritten by a (re) insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp . This is subject always to the provision concerning "signing " below . In the case of a Lloyd 's syndicate , each member of the syndicate (rather than the syndicate itself) is a (re) insurer. Each member has underwritten a proportion of the total shown for the syndicate (that total itself being the total of the proportions underwritten by all the members of the syndicate taken together) . The liability of each member of the syndicate is several and not joint with other members . A member is liable only for that member's proportion . A member is not jointly liable for any other member's proportion . Nor is any member otherwise responsible for any liability of any other (re) insurer that may underwrite this contract . The business address of each member is Lloyd 's , One Lime Street, London EC3M 7HA. The identity of each member of a Lloyd 's syndicate and their respective proportion may be obtained by writing to Market Services , Lloyd 's , at the above address . P roportion of liability U nless there is "signing " (see below) , the proportion of liability under this contract u nderwritten by each (re) insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) is shown next to its stamp and is referred to as its "written line " . Where this contract permits , written lines , or certain written lines , may be adjusted ("signed ") . In that case a schedule is to be appended to this contract to show the definitive proportion of liability under this contract underwritten by each (re) insurer (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of the syndicate taken together) . A definitive proportion (or, in the case of a Lloyd 's syndicate , the total of the proportions underwritten by all the members of a Lloyd 's syndicate taken together) is referred to as a "signed line" . The signed lines shown in the schedule will prevail over the written lines u nless a proven error in calculation has occurred . Although reference is made at various points in this clause to "this contract" in the singular, where the circumstances so require this should be read as a reference to contracts in the plural . LMA3333 21 June 2007 Page 5 U MR : B0595NOGW48568022 MODE OF EXECUTION CLAUSE This contract and any changes to it may be executed by : a . electronic signature technology employing computer software and a digital signature or digitiser pen pad to capture a person 's handwritten signature in such a manner that the signature is unique to the person signing , is under the sole control of the person signing , is capable of verification to authenticate the signature and is linked to the document signed in such a manner that if the data is changed , such signature is invalidated ; b . a unique authorisation provided via a secure electronic trading platform c. a timed and dated authorisation provided via an electronic message/system ; d . an exchange of facsimile/scanned copies showing the original written ink signature of paper documents ; e . an original written ink signature of paper documents (or a true representation of a signature , such as a rubber stamp) . ; The use of any one or a combination of these methods of execution shall constitute a legally binding and valid signing of this contract . This contract may be executed in one or more of the above counterparts , each of which , when duly executed , shall be deemed an original . ORDER HEREON : 40% of 100% BASIS OF WRITTEN LINES : Percentage of Whole . S IGNING P ROVISIONS : In the event that the written lines hereon exceed 100% of the order, any lines written "to stand " will be allocated in full and all other lines will be signed down in equal proportions so that the aggregate signed lines are equal to 100% of the order without further agreement of any of the insurers . However, a) in the event that the placement of the order is not completed by the commencement date of the period of insurance then all lines written by that date will be signed in full ; b) the signed lines resulting from the application of the above provisions can be varied , before or after the commencement date of the period of insurance , by the documented agreement of the insured and all insurers whose lines are to be varied . The variation to the contracts will take effect only when all such insurers have agreed , with the resulting variation in signed lines commencing from the date set out in that agreement . Page 6 UMR : B0595NOGW48568022 INSURERS WRITTEN LINES : 1 . In a co- insurance placement following (re) insurers may , but are not obliged to , follow the premium charged by the lead (re) insurer. 2 . (Re) insurers may not seek to guarantee for themselves terms as favourable as those which others subsequently achieve during the placement . This information can be found within the Security Schedule/Signed Line Pages Page 7 UMR : B0595NOGW48568022 SECTION III TERMS AND CONDITIONS UMR : B0595NOGW48568022 EXCESS PHYSICAL DAMAGE FORM 1 . INSURING CLAUSE : S ubject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured named in the Risk Details in respect of Direct Physical loss or damage to the property described in the Risk Details , while located or contained as described in the Risk Details , occurring during the period stated in the Risk Details and caused by any of such perils as are set forth in the Risk Details and which are also covered by and defined in the Policy(ies) specified in the Risk Details and issued by the " Primary Insurer(s) " stated therein . 2 . APPLICATION OF UNDERLYING PROVISIONS : In respect of the perils hereby insured against this Policy is subject to the same warranties , terms and conditions (except as regards the premium , the amount and Limits of Liability other than the deductible or self- insurance provision where applicable , and the renewal agreement, if any, AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are contained in or as may be added to the Policy(ies) of the Primary Insurer(s) priorto the happening of a loss for which claim is made hereunder and should any alteration be made in the premium for the Policy(ies) of the Primary Insurer(s) , then the premium hereon may be adjusted accordingly . 3 . LIMITS OF LIABILITY: P rovided always that liability attaches to the Insurer(s) only after the Primary and U nderlying Excess Insurer(s) have paid or have admitted liability for the full amount of their respective liability as set forth in the Risk Details and designated " Primary and U nderlying Excess Limit(s) " and then the limits of the Insurer(s) Liability shall be those set forth in the Risk Details under the designation " Excess Limit(s) "of Liability and the Insurer(s) shall be liable to pay up to the full amount of such " Excess Limit(s) of Liability" . 4 . MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY( IES ) AND LIMITS : It is a condition precedent to recovery under this Policy that the Policy(ies) and Limit(s) of the Primary and Underlying Excess Insurer(s) set forth in the Risk Details shall be maintained in full force and effect, except for any reduction or exhaustion of any underlying aggregate Limits of Liability contained therein , solely by the amount of loss (es) paid or admitted during the policy term . There is no recovery under this excess policy as respects those coverages which are sublimited within the primary and/or underlying excess policy(ies) to amounts less than the amount indicated in the Risk Details , however, the Insurer(s) to this excess policy recognize that the primary and underlying excess policy limits can be eroded or exhausted , wholly or partially , by application of said sublimits . 5 . DROP DOWN CLAUSE In the event of such reduction of the aggregate Limits of Liability of the Primary and U nderlying Excess Insurance 's this Policy shall pay excess overthe reduced aggregate limit . In the event of exhaustion of aggregate Limits of Liability of the Primary and U nderlying Excess Insurance 's this Policy, subject to all its provisions , shall continue Page 1 UMR : B0595NOGW48568022 in force as Primary Insurance in respect to perils covered by this policy for which the aggregate Limit of Liability has been so exhausted and the deductible or self- insured amount applicable to that peril , as set forth in the Risk Details , shall apply to this Policy . 6 . APPLICATION OF RECOVERIES : All salvages , recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Insurer(s) , provided always that nothing in this Policy shall be construed to mean that losses under this Policy are not recoverable until the Insured 's ultimate net loss has been finally ascertained . 7 . NOTIFICATION OF CLAIMS : The Insured upon knowledge of any occurrence likely to give rise to a claim hereunder shall give immediate written notice thereof to the person (s) or firm named for the purpose stated in the Risk Details . 8 . PRIORITY OF PAYMENT: Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Insured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as e roding or exhausting the occurrence limits of the primary and/or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers (s) to include loss from the specifically excluded peril in the excess layer(s) itself. 9 . UNCOLLECTIBILITY OF OTHER INSURANCE : Notwithstanding any of the terms of this Policy that might be construed otherwise , the insurance provided by this Policy shall always be excess over the maximum monetary limits of the Primary and any Underlying Excess Insurances as shown in the Risk Details (reduced only by reduction of any underlying aggregate limits as provided for in Clause 4 herein) 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 o r insolvency of an underlying Insurer(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Insurer(s) . In the event of the bankruptcy or insolvency , or other financial impairment , of any u nderlying insurer, this policy shall not be liable for the obligations of the underlying policy . This policy shall apply as if the underlying insurance were valid and collectible . This insurance shall not replace the underlying insurance . Page 2 UMR : B0595NOGW48568022 BUSINESS INTERRUPTION EXTENSION It is understood and agreed that this insurance extends to cover Business Interruption Rental Income , Accounts Receivable , Royalties , Leasehold Interest (as insured under the Insurance (s) of the Primary and Underlying Excess Insurers) consequent upon the loss of or damage to the Property insured hereby . The Primary and Underlying Excess Limit(s) as set out in Item (c) of Underlying Insurance Identification and the Limit of this Insurance Contract are inclusive of Damage to Property and Business Interruption , Rental Income , Accounts Receivable , Royalties , Leasehold Interest . 06/09 LPO349C (MRC) Amended Page 3 UMR : B0595NOGW48568022 CANCELLATION CLAUSE - NMA1331 Notwithstanding anything contained in this Insurance to the contrary this Insurance may be cancelled by the Assured at any time by written notice or by surrendering of this contract of insurance . This Insurance may also be cancelled by or on behalf of the Underwriters by delivering to the Assured or by mailing to the Assured , by registered , certified or other first class mail , at the Assured 's address as shown in this Insurance , written notice stating when , not less than the number of days stated in the Risk Details thereafter, the cancellation shall be effective . The mailing of notice as aforesaid shall be sufficient proof of notice and this Insurance shall terminate at the date and hour specified in such notice . If this Insurance shall be cancelled by the Assured the Underwriters shall retain the customary short rate proportion of the premium hereon , except that if this Insurance is on an adjustable basis the Underwriters shall receive the Earned Premium hereon or the customary short rate proportion of any Minimum Premium stipulated herein whichever is the greater. If this Insurance shall be cancelled by or on behalf of the Underwriters the Underwriters shall retain the pro rata proportion of the premium hereon , except that if this Insurance is on an adjustable basis the Underwriters shall receive the Earned Premium hereon or the pro rata proportion of any Minimum Premium stipulated herein whichever is the greater. Payment or tender of any Unearned Premium by the Underwriters shall not be a condition precedent to the effectiveness of Cancellation but such payment shall be made as soon as practicable . If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law . ADDITIONAL LIMITATIONS AND CONDITIONS ENDORSEMENT (STANDARD ) - N MA2415 This Endorsement contains provisions in clauses ii, v and vi that may limit or prevent recovery under this Policy for debris removal (as provided in clause ii) and/or resulting loss (as provided in clause v). I . Land , Water and Air Exclusion Clause Notwithstanding any provision to the contrary within the Policy of which this Endorsement forms part (or within any other Endorsement which forms part of this Policy) , this Policy does not insure land (including but not limited to land on which the insured property is located) , water or air, howsoever and wherever occurring , or any interest or right therein . The foregoing exclusion shall not apply to water, which is contained in plumbing or firefighting installations in the Assured 's buildings at the time of any damage insured by this Policy . II . Debris Removal Clause Nothing contained in this Clause shall override any seepage and/or pollution and/or contamination exclusion or any radioactive contamination exclusion or any other exclusion applicable to this Policy . The inclusion of this Clause shall in no event increase the limit of liability of Underwriters under this Policy or any other endorsement applicable to this Policy . Any provision within this Policy (or within any other Endorsement which forms part of this Policy) which insures debris removal is cancelled and replaced by the following : 1 . In the event of direct physical damage to property, for which Underwriters agree to pay hereunder, or which but for the application of a deductible or underlying amount they would agree to pay (hereinafter in this Clause referred to as " Damage") , this Policy also insures , subject to the limitations below and method of calculation in Clause VI of this Endorsement and to all the other terms and conditions of the Policy , expense : Page 4 UMR : B0595NOGW48568022 a) which is reasonably and necessarily incurred by the Assured in the removal , from the premises of the Assured at which the Damage occurred , of debris which results from the Damage ; and b) of which the Assured becomes aware and advises the amount to Underwriters hereon within one year of the commencement of the Damage ; provided , however, that nothing in this Clause shall insure any expense provided u nder Clause V of this Endorsement . 2 . The maximum amount of expense for removal of debris (subject to the limitations of paragraph 1 above) that can be included in the method of calculation in Clause VI of this Endorsement , shall be the greater of US$25 , 000 (twenty-five thousand dollars) o r 10 % (ten percent) of the amount of the Damage from which such expense results . III . Seepage and/or Pollution and/or Contamination Exclusion Clause Notwithstanding any provision to the contrary within the Policy of which this Endorsement forms part (or within any other Endorsement which forms part of this Policy) , this Policy does not insure : 1 . any loss , damage , cost or expense ; or 2 . any increase in insured loss , damage , cost or expense ; or 3 . any loss , damage , cost, expense , fine , penalty or other sum which is incurred , sustained or imposed by , or by the threat of, any judgment, order, direction , instruction o r request of, or any agreement with , any court, government agency , any public, civil o r military authority or any other person (and whether or not as a result of public or private litigation) ; which arises from any kind of seepage or any kind of pollution and/or contamination , o r threat thereof, whether or not caused by or resulting from a peril insured , or from steps or measures taken in connection with the avoidance , prevention , abatement , mitigation , remediation , clean- up or removal of such seepage or pollution and/or contamination , or threat thereof The term "any kind of seepage or any kind of pollution and/or contamination " as used in this Endorsement includes (but is not limited to) : 1 . seepage of, or pollution and/or contamination by , anything , including but not limited to , any material designated as a " hazardous substance" by the United States Environmental Protection Agency or as a " hazardous material" by the United States Department of Transportation , or defined as a "toxic substance" by the Canadian Environmental Protection Act for the purposes of part II of that Act, or any substance designated or defined as toxic, dangerous , hazardous or deleterious to persons or the environment under any other law , ordinance or regulation ; and 2 . the presence , existence , or release of anything which endangers or threatens to e ndanger the health , safety or welfare of persons or the environment . IV. Listed Perils Resulting from Seepage and/or Pollution and/or Contamination Clause This Policy is amended as set forth below . All other terms and conditions of this Policy remain unchanged and continue to apply with full force and effect . Nothing contained in this Clause shall override any radioactive contamination exclusion applicable to this Policy . If any of the perils listed below results from seepage and/or pollution and /or contamination , then such resultant perils shall not be excluded solely by the foregoing Seepage and/or Pollution and/or Contamination Exclusion Clause . Listed perils Fire , Explosion . Nothing in this Clause , however, shall extend this Policy to insure : 1 . loss , damage , cost, expense , fine or penalty , or other sum arising from any kind of seepage or any kind of pollution and/or contamination that causes or results from a listed peril ; or 2 . loss or damage at any premises other than the premises where the listed peril took place ; or Page 5 UMR : B0595NOGW48568022 3 . property and/or interests other than those insured by this Policy against the listed perils . V. Limited Seepage and/or Pollution and/or Contamination Resulting From Physical Damage caused by Listed Perils Clause This Clause is void and of no force or effect unless an amount is specified in Paragraph 2 Below. This Policy is amended as set forth below . All other terms and conditions of this Policy remain unchanged and continue to apply with full force and effect . Nothing contained in this Clause shall override any radioactive contamination exclusion or, except as set forth herein , the foregoing Seepage and/or Pollution and/or Contamination Exclusion Clause . The inclusion of this Clause shall in no event increase the limit of liability of Underwriters u nder this Policy or any other endorsement applicable to this Policy . 1 . I f, a) any of the perils listed below is the sole , immediate and direct cause of physical damage to property insured by this Policy against such listed peril (hereinafter in this Clause referred to as "Original Damage") ; and b) the Original Damage is the sole , immediate and direct cause of seepage onto , and/or pollution and/or contamination of property which is : i) at the same premises as the Original Damage ; and ii) insured by this Policy against the listed peril causing the Original Damage ; and c) said property is damaged thereby (hereinafter in this Clause referred to as " Resulting Damage") ; then this Policy , subject to the following additional terms and limitations and the method of calculation in Clause VI of this Endorsement, also insures : d) the Resulting Damage ; and e) the reasonable and necessary expense incurred by the Assured for debris removal and/or clean -up which is : i) limited to the same premises as the Original Damage ; and ii) made necessary solely by the Resulting Damage ; but which shall in no event include any expense of clean- up or removal of land , water or air, (which Resulting Damage and expense of debris removal and/or clean -up , hereinafter in this Clause are referred to as "Resulting Loss") ; provided , however, that this Policy only insures the Resulting Loss where : f) Underwriters have agreed to pay for the Original Damage or, but for the operation of a deductible or underlying amount , would have agreed to pay for the Original Damage ; and g) within one year of the commencement of the listed peril which caused the Original Damage , the Assured became aware and advised Underwriters of the amount of: i) the Resulting Loss ; and ii) any other interest to be claimed under this Policy as a result of the Resulting Damage , whether physical damage , business interruption , extra expense or otherwise . Listed Perils Fire , Lightning , Explosion . Nothing in this Clause , however, shall extend this Policy to cover any condition that existed prior to the Original Damage nor to insure any loss , damage , cost , expense , fine , penalty , o r other sum which is incurred , sustained or imposed by , or by the threat of, any judgment , o rder, direction , instruction or request of, or any agreement with , any court, government Page 6 UMR : B0595NOGW48568022 agency , any public, civil or military authority or any other person (and whether or not as a result of public or private litigation) in connection with any kind of seepage or any kind of pollution and/or contamination from any cause . 2 . The maximum amount for any Resulting Loss and any other interest claimed under this Policy as a result of the Resulting Damage , whether physical damage , business interruption , extra expense or otherwise , that can be included in the method of calculation in Clause VI of this Endorsement is Nil . VI . Method of Calculation In calculating the amount, if any , payable under this Policy for a claim including expense of debris removal (as provided for and limited in Clause II of this Endorsement) and/or Resulting Loss (as provided for and limited in Clause V of this Endorsement) , the amount of such expense of debris removal and/or such Resulting Loss shall be added to : a) the amount of the Damage (as defined in Clause II) or the amount of the Original Damage (as defined in Clause V) ; and b) all other amounts , if any , insured under this Policy as a result of the same occurrence that Underwriters hereon agree to pay or, but for the application of a deductible or underlying amount, they would agree to pay ; then the resulting sum shall be the amount to which first all deductibles and then any underlying amounts to which this Policy is subject shall be applied and the balance , if any , shall be the amount payable , subject to all other provisions of this Policy and to the applicable limit(s) , sub- limit(s) and aggregate limit(s) . RADIOACTIVE CONTAMINATION EXCLUSION CLAUSE - PHYSICAL DAMAGE - DIRECT ( U .S .A .) - NMA1191 This Policy does not cover any loss or damage arising directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination however such nuclear reaction nuclear radiation or radioactive contamination may have been caused * Nevertheless if Fire is an insured peril and a Fire arises directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination any loss or damage arising directly from that Fire shall (subject to the provisions of this Policy) be covered Excluding however all loss or damage caused by nuclear reaction nuclear radiation or radioactive contamination arising directly or indirectly from that Fire . * Note . - If Fire is not an insured peril under this Policy the words "Nevertheless " to the end of the clause do not apply and should be disregarded . WAR AND CIVIL WAR EXCLUSION CLAUSE — NMA 464 Notwithstanding anything to the contrary contained herein this Policy does not cover Loss or Damage directly or indirectly occasioned by , happening through or in consequence of war, invasion , acts of foreign enemies , hostilities (whether war be declared or not) , civil war, rebellion , revolution , insurrection , military or usurped power or confiscation or nationalisation or requisition or destruction of or damage to property by or under the order of any government or public or local authority . Page 7 UMR : B0595NOGW48568022 TERRORISM EXCLUSION ENDORSEMENT - NMA 2920 Notwithstanding any provision to the contrary within this insurance or any endorsement thereto it is agreed that this insurance excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by , resulting from or in connection with any act of terrorism regardless of any other cause or event contributing concurrently or in any other sequence to the loss . For the purpose of this endorsement an act of terrorism means an act , including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons , whether acting alone or on behalf of or in connection with any organisation (s) orgovernment(s) , committed for political , religious , ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public, in fear. This endorsement also excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by , resulting from or in connection with any action taken in controlling , preventing , suppressing or in any way relating to any act of terrorism . If the Underwriters allege that by reason of this exclusion , any loss , damage , cost or expense is not covered by this insurance the burden of proving the contrary shall be upon the Assured . In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect. U .S . TERRORISM RISK INSURANCE ACT OF 2002 AS AMENDED NOT PURCHASED CLAUSE This Clause is issued in accordance with the terms and conditions of the "U. S. Terrorism Risk Insurance Act of 2002 " as amended as summarized in the disclosure notice. It is hereby noted that the Underwriters have made available coverage for " insured losses" directly resulting from an "act of terrorism" as defined in the " U . S . Terrorism Risk Insurance Act of 2002" , as amended ("TRIA") and the Insured has declined or not confirmed to purchase this coverage . This Insurance therefore affords no coverage for losses directly resulting from any "act of terrorism" as defined in TRIA except to the extent , if any, otherwise provided by this policy. All other terms , conditions , insured coverage and exclusions of this Insurance including applicable limits and deductibles remain unchanged and apply in full force and effect to the coverage provided by this Insurance . LMA5390 09 January 2020 BIOLOGICAL OR CHEMICAL MATERIALS EXCLUSION — NMA 2962 It is agreed that this Insurance excludes loss , damage , cost or expense of whatsoever nature directly or indirectly caused by, resulting from or in connection with the actual or threatened malicious use of pathogenic or poisonous biological or chemical materials regardless of any other cause or event contributing concurrently or in any other sequence thereto . Page 8 UMR : B0595NOGW48568022 PROPERTY CYBER AND DATA ENDORSEMENT 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any : 1 . 1 Cyber Loss , unless subject to the provisions of paragraph 2 ; 1 . 2 loss , damage , liability , claim , cost , expense of whatsoever nature directly or indirectly caused by , contributed to by , resulting from , arising out of or in connection with any loss of use , reduction in functionality , repair, replacement , restoration or reproduction of any Data , including any amount pertaining to the value of such Data , unless subject to the provisions of paragraph 3 ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 Subject to all the terms , conditions , limitations and exclusions of this Policy or any e ndorsement thereto , this Policy covers physical loss or physical damage to property insured under this Policy caused by any ensuing fire or explosion which directly results from a Cyber Incident , unless that Cyber Incident is caused by , contributed to by , resulting from , arising out of or in connection with a Cyber Act including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act . 3 Subject to all the terms , conditions , limitations and exclusions of this Policy or any e ndorsement thereto , should Data Processing Media owned or operated by the Insured suffer physical loss or physical damage insured by this Policy , then this Policy will cover the cost to repair or replace the Data Processing Media itself plus the costs of copying the Data from back-up or from originals of a previous generation . These costs will not include research and engineering nor any costs of recreating , gathering or assembling the Data . If such media is not repaired , replaced or restored the basis of valuation shall be the cost of the blank Data Processing Media . However, this Policy excludes any amount pertaining to the value of such Data , to the Insured or any other party , even if such Data cannot be recreated , gathered or assembled . 4 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect . 5 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss , Data or Data Processing Media , replaces that wording . Definitions 6 Cyber Loss means any loss , damage , liability , claim , cost or expense of whatsoever nature directly or indirectly caused by , contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling , preventing , suppressing or remediating any Cyber Act or Cyber Incident . 7 Cyber Act means an unauthorised , malicious or criminal act or series of related u nauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 8 Cyber Incident means : 8 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 8 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process , use or operate any Computer System . Page 9 UMR : B0595NOGW48568022 9 Computer System means : 9 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet , wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input , output , data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party. 10 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . 11 Data Processing Media means any property insured by this Policy on which Data can be stored but not the Data itself LMA5400 11 November 2019 MICROORGANISM EXCLUSION (ABSOLUTE) This Policy does not insure any loss , damage , claim , cost , expense or other sum directly or indirectly arising out of or relating to : mold , mildew , fungus , spores or other microorganism of any type , nature , or description , including but not limited to any substance whose presence poses an actual or potential threat to human health . This Exclusion applies regardless whether there is (i) any physical loss or damage to insured property ; (ii) any insured peril or cause , whether or not contributing concurrently or in any sequence ; (iii) any loss of use , occupancy, or functionality ; or (iv) any action required , including but not limited to repair, replacement , removal , cleanup , abatement , disposal , relocation , or steps taken to address medical or legal concerns . This Exclusion replaces and supersedes any provision in the Policy that provides insurance , in whole or in part , for these matters . 14/09/2005 LMA5018 Form approved by Lloyd 's Market Association ASBESTOS ENDORSEMENT - LMA 5019 - AMENDED A . This Policy only insures 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 one of these Listed Perils : fire ; explosion ; lightning ; flood , earthquake , windstorm ; hail ; direct impact of vehicle , aircraft or vessel ; riot or civil commotion , vandalism or malicious mischief; or accidental discharge of fire protective equipment . This coverage is subject to each of the following specific limitations : 1 . The said building or structure must be insured under this Policy for damage by that Listed Peril . 2 . The Listed Peril must be the immediate , sole cause of the damage of the asbestos . Page 10 UMR : B0595NOGW48568022 3 . The Assured must report to Underwriters the existence and cost of the damage as soon as practicable after the Listed Peril first damaged the asbestos . However, this Policy does not insure any such damage first reported to the Underwriters more than 12 (twelve) months after the expiration , or termination , of the period of insurance . 4 . Insurance under this Policy in respect of asbestos shall not include any sum relating to : (i) any faults in the design , manufacture or installation of the asbestos ; (ii) asbestos not physically damaged by the Listed Peril including any governmental or regulatory authority direction or request of whatsoever nature relating to undamaged asbestos . B . Except as set forth in the foregoing Section Al this Policy does not insure asbestos or any sum relating thereto . ELECTRONIC DATE RECOGNITION EXCLUSION ( EDRE) - NMA 2802 This policy does not cover any loss , damage , cost , claim or expense , whether preventative , remedial or otherwise , directly or indirectly arising out of or relating to : a) the calculation , comparison , differentiation , sequencing or processing of data involving the date change to the year 2000 , or any other date change , including leap year calculations , by any computer system , hardware , programme or software and/or any microchip , integrated circuit or similar device in computer equipment or non-computer equipment , whether the property of the insured or not ; or b) any change , alteration , or modification involving the date change to the year 2000 , or any other date change , including leap year calculations , to any such computer system , hardware , programme or software and/or any microchip , integrated circuit or similar device in computer equipment or non-computer equipment, whether the property of the insured or not . This clause applies regardless of any other cause or event that contributes concurrently or in any sequence to the loss , damage , cost, claim or expense . MINIMUM EARNED PREMIUM CLAUSE In the event of cancellation of this Policy by the Assured , a minimum premium of 25 % as of inception shall become earned ; any conditions of the Policy to the contrary notwithstanding . Failure of the Assured to make timely payment of premium shall be considered as a request by the Assured for the Underwriters to cancel this Policy , in the event of such cancellation by the Underwriters for non- payment of premium the minimum premium shall be due and payable ; provided however, such non- payment cancellation shall be rescinded if the Assured remits the full premium within 10 days of receiving notice of it . In the event of any other cancellation by the Underwriters , the earned premium shall be computed pro-rata , not subject to the minimum premium . [02/94) LSW 757 Page 11 UMR: B0595NOGW48568022 NEW SHORT RATE CANCELLATION TABLE ENDORSEMENT (U .S .A.) Notwithstanding anything to the contrary contained herein and in consideration of the premium for which this Insurance is written it is agreed that in the event of cancellation thereof by the Assured the Earned Premium shall be computed as follows :- SHORT RATE CANCELLATION TABLE A. For insurances written for one year:- Days Per cent. of Days Per cent. Insurance in One Year Insurance in of One Force Premium Force Year Premium 1 5 154 - 156 53 2 6 157 - 160 54 3 -- 4 7 161 - 164 55 5 -- 6 8 165 - 167 56 7 -- 8 9 168 - 171 57 9 - 10 10 172 - 175 58 11 - 12 11 176 - 178 59 13 - 14 12 179 - 182 (6 months) 60 15 - 16 13 183 - 187 61 17 - 18 14 188 - 191 62 19 - 20 15 192 - 196 63 21 - 22 16 197 - 200 64 23 - 25 17 201 - 205 65 26 - 29 18 206 - 209 66 30 - 32 (1 month) 19 210 - 214 (7 months) 67 33 - 36 20 215 - 218 68 37 - 40 21 219 - 223 69 41 - 43 22 224 - 228 70 44 - 47 23 229 - 232 71 48 - 51 24 233 - 237 72 52 - 54 25 238 - 241 73 55 - 58 26 242 - 246 (8 months) 74 59 - 62 (2 months) 27 247 - 250 75 63 - 65 28 251 - 255 76 66 - 69 29 256 - 260 77 70 - 73 30 261 - 264 78 74 - 76 31 265 - 269 79 77 - 80 32 270 - 273 (9 months) 80 81 - 83 33 274 - 278 81 84 - 87 34 279 - 282 82 88 - 91 (3 months) 35 283 - 287 83 92 - 94 36 288 - 291 84 95 - 98 37 292 - 296 85 99 - 102 38 297 - 301 86 103 - 105 39 302 - 305 (10 months) 87 106 - 109 40 306 - 310 88 110 - 113 41 311 - 314 89 114 - 116 42 315 - 319 90 117 - 120 43 320 - 323 91 121 - 124 (4 months) 44 324 - 328 92 125 - 127 45 329 - 332 93 128 - 131 46 333 - 337 (11 months) 94 132 - 135 47 338 - 342 95 136 - 138 48 343 - 346 96 139 - 142 49 347 - 351 97 143 - 146 50 352 - 355 98 147 - 149 51 356 - 360 99 150 - 153 (5 months) 52 361 - 365 (12 months) 100 B . For Insurances written for more or less than one year:- 1 . If insurance has been in force for 12 months or less , apply the standard short rate table for annual insurances to the full annual premium determined as for an insurance written for a term of one year. 2 . If insurance has been in force for more than 12 months : Page 12 UMR : B0595NOGW48568022 (a) Determine full annual premium as for an insurance written for a term of one year. (b) Deduct such premium from the full insurance premium , and on the remainder calculate the pro rata Earned Premium on the basis of the ratio of the length of time beyond one year the insurance has been in force to the length of time beyond one year for which the insurance was originally written . (c) Add premium produced in accordance with items (a) and (b) to obtain Earned Premium during full period insurance has been in force . 09/02/58 N MA45 HURRICANE MINIMUM EARNED PREMIUM ENDORSEMENT The following terms and conditions will apply to this policy : 1 . If you cancel this policy , remove a location or reduce the amount of Insurance on a location that is within 100 miles of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaiian Islands , and coverage existed any time during the period of June 1st to November 30th , the amount of premium we will return will be the Unearned Premium for the location . The Unearned Premium is the annual premium for the policy (or for the location removed or coverage reduced , as applicable) multiplied by the Unearned Factor noted below . The location premium is the 100% annual rate multiplied by the location value as scheduled in the most current Statement of Values on file with Underwriters . 1 year Policy Days Policy In Force Unearned Factor 001 to 180 20% 181 to 210 15% 211 to 240 10% 241 to 270 7 . 5%. 271 to 300 5 . 0%. 301 to 330 2 . 5%. 331 to 365 0% 2 . If a location that is within 100 miles of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaiian Islands is added during the term of the policy and coverage exists at any time during the period of June 1st to November 30th , the rate will be calculated as 100% of the annual rate less the unearned premium factor as calculated in No . 1 above the number of days remaining in the policy term . 3 . The provisions of this endorsement replace any short rate provisions stipulated in this policy for all locations that are within 100 miles of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaiian Islands , and coverage existed any time during the period of June 1st to November 30th 4 . Nothing herein will act to provide coverage outside the automatic acquisition clause , if any , that is located elsewhere in the policy . All other terms and conditions remain unchanged . Page 13 UMR : B0595NOGW48568022 FRAUDULENT CLAIM CLAUSE If the (re) insured shall make any claim knowing the same to be false or fraudulent , as regards amount or otherwise , this contract shall become void and all claim hereunder shall be forfeited . LMA5062 04/06/2006 Form approved by Lloyd 's Market Association SANCTION LIMITATION AND EXCLUSION CLAUSE No (re) insurer shall be deemed t0 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 , United Kingdom or United States of America . LMA3100 15 September 2010 COMMUNICABLE DISEASE ENDORSEMENT ( For use on property policies) 1 . This policy, subject to all applicable terms , conditions and exclusions , covers losses attributable to direct physical loss or physical damage occurring during the period of insurance . Consequently and notwithstanding any other provision of this policy to the contrary , this policy does not insure any loss , damage , claim , cost, expense or other sum , directly or indirectly arising out of, attributable to , or occurring concurrently or in any sequence with a Communicable Disease or the fear or threat (whether actual or perceived) of a Communicable Disease . 2 . For the purposes of this endorsement, loss , damage , claim , cost, expense or other sum , includes , but is not limited to , any cost to clean- up , detoxify , remove , monitor or test : 2 . 1 . fora Communicable Disease , or 2 . 2 . any property insured hereunder that is affected by such Communicable Disease . 3 . As used herein , a Communicable Disease means any disease which can be transmitted by means of any substance or agent from any organism to another organism where : 3 . 1 . the substance or agent includes , but is not limited to , a virus , bacterium , parasite or other organism or any variation thereof, whether deemed living or not , and 3 . 2 . the method of transmission , whether direct or indirect , includes but is not limited t0 , airborne transmission , bodily fluid transmission , transmission from or t0 any surface or object, solid , liquid or gas or between organisms , and 3 . 3 . the disease , substance or agent can cause or threaten damage to human health or human welfare or can cause or threaten damage to , deterioration of, loss of value of, marketability of or loss of use of property insured hereunder. 4 . This endorsement applies to all coverage extensions , additional coverages , exceptions to any exclusion and other coverage grant(s) . All other terms , conditions and exclusions of the policy remain the same . LMA5393 25 March 2020 Page 14 U MR : B0595NOGW48568022 SERVICE OF SUIT CLAUSE ( U .S .A . ) — NMA 1998 It is agreed that in the event of the failure of the Underwriters hereon to pay any amount claimed to be due hereunder, the Underwriters hereon , at the request of the Assured , 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 U nited 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 (as set forth in the Risk Details herein) , and that in any suit instituted against any 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 U nderwriters in any such suit and/or upon the request of the Assured to give a written undertaking to the Assured 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 therefor, 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 Assured or any beneficiary hereunder arising out of this contract of insurance , 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. STRIKES , RIOTS AND CIVIL COMMOTIONS EXCLUSION N otwithstanding any provision to the contrary within this Contract , this Contract excludes any loss , damage , liability , claim , cost , or expense of whatsoever nature directly or indirectly caused by , contributed to by , resulting from , arising out of, or in connection with any Riots , Strikes , Civil Commotions and/or Malicious Damage . For the purpose of this Contract ` Riots , Strikes and Civil Commotions ' shall include , but not be limited to : a) any act committed in the course of a disturbance of the public peace by any person taking part together with others in such disturbance ; b) any wilful act of any striker or locked-out worker done in furtherance of a strike or in resistance to a lock-out whether or not such act is committed in the course of a disturbance of the public peace ; and/or c) any act of any lawfully constituted authority for the purpose of suppressing or minimising the consequences of any existing disturbance of the public peace , or for the purpose of preventing any such act as is referred to in (b) above or minimising the consequence thereof. For the purpose of this Contract ` Malicious Damage ' shall mean a malicious act caused by anyone whether or not such act is committed during a disturbance of the public peace . Page 15 Policy Number : ( UMR) B0595NOGW48568022 SECURITY DETAILS REFERENCES UMR ( Unique Market Reference) : B0595NOGW48568022 Date contract printed to PDF : 16 : 45 29 December 2021 SIGNED UNDERWRITERS Fidelis IFIDELISJXIS LIRMA F0012 40 . 000000% L 2 2 R 0 2 3 1 5 3 6 M Written 16 : 42 29 December 2021 40 . 000000% Fidelis Underwriting Limited , LIRMA F0012 Signed Tom Hilton Bound as Slip Leader, XIS Leader Swiss Re Corporate Solutions• • • •• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • - • 00 . 00 • • • • • • • • • • S . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •S . • • • • • • • • • • • • • •S . • • • • • • • • • • • • • • • • • • • • • • • • • • - •S . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •00 • • 00 • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • . 0 • . 0 . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . . . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • . • • . • • • • . . • • • • • • • • • • • • • • • • • • • • • • • • • ..• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • 000 • ••• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • •• •••• • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • •• • •••• • 00 • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • ••••••• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •••••••• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •••••••••• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •••••• • • • • ••• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • • • •• • - • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • • 0000• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 0000• • • • • 0000 • • • • • • • • • • • • • • • • • • • • • • • • • •• •••000000000009 • • • • • • • • • • • • • • • • • • • • • • •• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 000 . 0000000 • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • 0000 • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • SP 5 369 0514 Insurance Products underwritten by Westport Insurance Corporation, First Specialty Insurance Corporation, North American Capacity Insurance Company, North American Specialty Insurance Company, North American Elite Insurance Company, Washington International Insurance Company, or Swiss Re International S.E. Swiss Re Corporate Solutions offers innovative, high-quality insurance capacity for single and multi-line programmes worldwide, either on a standalone basis or as part of structured and tailor-made solutions. In addition, it provides customised risk transfer solutions to mid-sized and large, multinational corporations across the globe to assist in mitigating their risk exposure. Swiss Re Corporate Solutions serves more than 50000 customers across nearly 40 offices worldwide and is backed by the financial strength of the Swiss Re Group. For more information about Swiss Re Corporate Solutions, please visit: www.swissre.corrVcorporatesolutions ©2014 Swiss Re. All rights reserved. Swiss Re Corporate Solutions First Specialty Insurance Corporation Property Insurance Policy Prepared for : COLORADO COUNTIES CASUALTY AND PROPERTY POOL Form PCN 3 Ed. 5/10 POLICY NOTICE THIS POLICY PROVIDES NO COVERAGE FOR LOSS DUE TO TERRORISM In accordance with the instructions received by the Company , this policy DOES NOT provide coverage for "Insured Loss" due to a act of terrorism that is certified (" Certified Act of Terrorism") pursuant to the Terrorism Risk Insurance Act or for any other loss due to terrorism. APPLIES TO U.S. LOCATIONS ONLY By accepting this Policy, the Insured and its authorized representatives acknowledge and confirm that: ( 1) coverage for "Insured Loss" due to a " Certified Act of Terrorism, " was offered to the Insured by the Company in writing (the " Coverage") ; (2) the offer of Coverage included a clear and conspicuous statement of the proposed premium charge for the Coverage, written advice concerning the United States Government, Department of the Treasury ' s program for reimbursing a portion of such Insured Loss and written advice concerning the cap on insurer participation in the payment of terrorism losses; (3 ) the Insured does not desire to purchase the Coverage and has declined the offer; (4) no part of any premium paid to the Company by or on behalf of the Insured is for the Coverage ; and (5 ) the Company is under no obligation to offer this coverage to the Insured again during the policy period to which this Policy applies. First Specialty Insurance Corporation This contract is delivered as a surplus line coverage under the 'Nonadmitted Insurance Act'. The insurer issuing this contract is not licensed in Colorado but is an eligible nonadmitted insurer. There is no protection under the provisions of the 'Colorado Insurance Guaranty Association Act'. SLNOOOICO 0213 Page 1 of 1 First Specialty Insurance Corporation LOSS REPORTING PROCEDURES Welcome to First Specialty Insurance Corporation, a member company of Swiss Re Corporate Solutions. We would like to take this opportunity to share our loss-reporting procedures. In the event of a loss or potential loss, please immediately complete and forward a First Notice of Loss on an ACORD Loss Form. If you do not use the ACORD Loss Form please otherwise provide the following information: • Your Name and Contact Information (including e-mail address) • Name of Insured/Policy Holder and/or Policy Number • Contact Details of Insured Representative and Preferred Method of Contact • Date of Loss • Location of Loss • Brief Summary of the Loss • Contact Name(s) and e-Mail Address(es) for New Loss Acknowledgement Letter Forward the New Loss Details by one of the following methods : By e-mail : ClaimsNAProperty_CorporateSolutions@swissre .com By Mail : First Specialty Insurance Corporation Attention: Corporate Solutions Claims 1200 Main Street, Suite 800 Kansas City , MO 64105 After Hours claims reporting: Call : 1 -800-935-3718 By email: swissreafterhoursclaims@englemartin. com Please visit our website : corporatesolutions .swissre .com This notice is for information only and does not become a part or condition of the policy . EP CRP-PROP (01 /21 ) Page 1 of 1 First Specialty Insurance Corporation Property Damage Policy DECLARATIONS Policy Number: ESP 2005390 00 1 . Name of Insured: COLORADO COUNTIES CASUALTY AND PROPERTY POOL CO SURPLUS LINES TAX-$ 1 ,395 .00 2 . Mailing Address of Insured : 800 GRANT STREET SUITE 400 SURPLUS LINES LICENSEE: CRC Corporate DENVER, CO 80203 License 183767 This contract is delivered as a surplus line coverage 3 . Name of Broker: CRC INSURANCE SERVICES, INC. under the 'Nonadmitted Insurance Act'. The insurer 4 . Mailing Address of Broker: 1 METROPLEX DRIVE issuing this contract is not licensed in Colorado but is SUITE 400 an ELIGIBLE nonadmitted insurer. There is no BIRMINGHAM, AL 35209 protection under the provisions of the 'Colorado 5 . Policy Period: From: 01/01/2022 To 01 /01/2023 Insurance Guaranty Association Act'. Both days at 12: 01 a.m. Local Standard Time 4' 6 . Perils Insured : Risks of direct physical loss or damage to property described herein except as excluded herein. 7 . Limits of Liability (subject to sublimits described herein) : $ 10,000,000 (that being 20 . 000%) per occurrence part of $50,000,000 per occurrence excess of $50 ,000,000 per occurrence . 8 . The Property is located or contained at: Per schedule on file 9 . Premium: $46,500 USD to be paid within 30 days after Policy Inception Date. Currency : United States Dollars The Insured is liable for all taxes on or arising from the Premium paid for this Policy. Any and all such amounts are in addition to the Premium. The Policy Declarations, Policy Form, and attached Endorsements are attached to and form part of Policy No. ESP 2005390 00 of the First Specialty Insurance Corporation. Issue Date: 03/09/2022 SP 9 348 0116 Pagel of l Page No . 1 of 27 FSIC Policy Number ESP 2005390 00 In Witness Whereof, the issuing Company has caused this policy to be signed officially below . itwou atars3i 1 g.,%v President Secretary First Specialty Insurance Corporation SP 3 881 0307 Page No . 2 of 27 Page 1 of 1 FSIC Policy Number ESP 2005390 00 EXCESS PHYSICAL DAMAGE FORM 1 . INSURING AGREEMENT Subject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured named in the Schedule herein in respect of direct physical loss or damage to the property described in the Schedule, while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any of such perils as are set forth in the Schedule and which are also covered by and defined in the Policy(ies) specified in the Schedule and issued by the " Primary Insurer(s)" stated therein . 2 . APPLICATION OF UNDERLYING PROVISIONS In respect of the perils hereby insured against this Policy is subject to the same warranties , terms and conditions (except as regards the premium , the amount and Limits of Liability other than the deductible or self-insurance provision where applicable , and the renewal agreement, if any , AND EXCEPT AS OTHERWISE PROVIDED HEREIN ) as are contained in or as may be added to the Policy(ies) of the Primary Insurer(s ) prior to the happening of a loss for which claim is made hereunder and should any alteration be made in the premium for the Policy(ies) of the Primary Insurer(s) , then the premium hereon may be adjusted accordingly . 3 . LIMITS OF LIABILITY Provided always that liability attaches to the Insurer(s) only after the Primary and Underlying Excess Insurer(s) have paid or have admitted liability for the full amount of their respective liability as set forth in the Schedule and designated " Primary and Underlying Excess Limit(s)" and then the limits of the Insurer(s) liability shall be those set forth in the Schedule under the designation " Underlying Excess Limit(s)" and the Insurer(s) shall be liable to pay up to the full amount of such " Underlying Excess Limit(s)" . 4 . MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY( IES ) AND LIMITS It is a condition precedent to recovery under this Policy that the Policy( ies) and Limit(s) of the Primary and Underlying Excess Insurer(s) set forth in the Schedule be maintained in full force and effect, except for any reduction or exhaustion of any underlying aggregate Limits of Liability contained therein , solely by the amount of loss (es) paid or admitted during the policy term . There is no recovery under this excess policy as respects those coverages which are sublimited within the primary and/or underlying excess policy( ies) to amounts less than the amount indicated in the Schedule , however, the Insurer(s) to this excess policy recognize that the primary and underlying excess policy limits can be eroded or exhausted , wholly or partially , by application of said sublimits . 5 . DROP DOWN CLAUSE In the event of such reduction of the aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy shall pay excess over the reduced aggregate limit . In the event of exhaustion of aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy , subject to all its provisions , shall continue in force as Primary Insurance in respect to perils covered by this policy for which the aggregate Limit of Liability has been so exhausted and the deductible or self-insured amount applicable to that peril , as set forth in the Schedule , shall apply to this Policy . Page No . 3 of 27 FSIC Policy Number ESP 2005390 00 EXCESS PHYSICAL DAMAGE FORM 6 . APPLICATION OF RECOVERIES All salvages , recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Insurer(s) , provided always that nothing in this Policy shall be construed to mean that losses under this Policy are not recoverable until the Insured 's ultimate net loss has been finally ascertained . 7 . NOTIFICATION OF CLAIMS The Insured upon knowledge of any occurrence likely to give rise to a claim hereunder shall give immediate written notice thereof to the person (s) or firm named for the purpose in the Schedule . 8 . PRIORITY OF PAYMENT Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Insured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s ) . Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. 9 . UNCOLLECTIBILITY OF OTHER INSURANCE Notwithstanding any of the terms of this Policy that might be construed otherwise , the insurance provided by this Policy shall always be excess over the maximum monetary limits set forth in Item 10 and/or 11 of The Schedule ( reduced only by reduction of any underlying aggregate limits as provided for in Clause 4 herein ) 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(s) . 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(s ) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Insurer(s) . In the event of the bankruptcy or insolvency , or other financial impairment , of any underlying insurer, this policy shall not be liable for the obligations of the underlying policy . This policy shall apply as if the underlying insurance were valid and collectible . This insurance shall not replace the underlying insurance . Page No . 4 of 27 FSIC Policy Number ESP 2005390 00 EXCESS PHYSICAL DAMAGE FORM THE SCHEDULE 1 . Insurer: First Specialty Insurance Corporation 2 . Policy Number: ESP2005390 00 3 Named Insured : Colorado Counties Casualty and Property Pool 4 . Mailing Address: c/o CTSI 800 Grant Street, Suite 400 Denver, CO 80203 5 . Policy Period : From : January 1 , 2022 To : January 1 , 2023 Both days at 12 : 01 am local standard time 6 . Perils Insured : As defined in primary policy issued by Lloyd 's of London policy number PW0330022 7 . The Property or Interest: As defined in primary policy issued by Lloyd' s of London policy number PW0330022 8 . The Property Located or Contained As defined in primary policy issued by Lloyd' s of London policy number PW0330022 9 . Premium : $46 , 500 10 . Policy Limit: $ 100 , 000 , 000 per occurrence Page No . 5 of 27 FSIC Policy Number ESP 2005390 00 EXCESS PHYSICAL DAMAGE FORM 11 Primary Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR PRIMARY INSURER POLICY NO . PARTICIPATION $10,000, 000 Primary a) $3, 000, 000 Underwriters at Lloyd's, London 30% PW0330022 b) $2 ,000 ,000 Westchester Surplus Lines 20% D38095432005 c) $2,000 ,000 Starr Surplus Lines Ins . Company 20% SLSTPTY11557422 d) $1 ,500 ,000 Underwriters at Lloyd 's, London 15% PW0330122 e) $ 1 , 500, 000 Allied World Assurance Company 15% 031216751A II . $15,000,000 Excess $10,000,000 a) $4, 500, 000 Underwriters at Lloyd's, London 30% PW0330022 b) $3, 000, 000 Westchester Surplus Lines 20% D380954320045 c) $3, 000, 000 Starr Surplus Lines Ins . Company 20% SLSTPTY11557422 d) $4, 500, 000 Evanston Insurance Company 30% MKLV2XPR000583 Page No . 6 of 27 FSIC Policy Number ESP 2005390 00 EXCESS PHYSICAL DAMAGE FORM 12 . Underlying Excess Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR EXCESS INSURER POLICY NO . PARTICIPATION III. $25,000, 000 Excess $25,000,000 a ) $ 10 ,000 ,000 Fidelis Underwriting Limited 40% NOGW48568022 b) $ 3, 750, 000 Aspen Specialty Insurance Company 15% PX00K6222 c) $2, 500, 000 Lexington Insurance Company 10% 0006893563 d ) $2,500 ,000 Palms Insurance Company Limited 10% PLM0006600 e) $3,750 ,000 StarStone Specialty Insurance Company 15% H85052210CSP f) $2,500 ,000 Westfield Specialty Insurance Company 10% XAR00002ND D IV. $50,000,000 Excess $50, 000,000 a ) $ 15,000 ,000 RSUI Indemnity Company 30% NHD921815 D921815 b) $ 12,500 ,000 Homeland Insurance Company of New York 25% 795017310 c) $ 12 ,500 ,000 Mitsui Sumitomo Insurance Co. of America 25% EXP70000992 d ) $ 10,000 ,000 First Specialty Insurance Corporation 20% ESP2005390 00 Page No . 7 of 27 FSIC Policy Number ESP 2005390 00 EXCESS PHYSICAL DAMAGE FORM 13 . Total Limits [including " Primary" and " Excess"] subject to annual aggregates [per layers and participation 's as outlined in items 11 - 12 above] : $50 , 000 , 000 except $5,000 , 000 for Flood Zone A anyone policy year in respect of the peril of Flood $50 , 000 , 000 any one policy year in respect of the peril of Earthquake 14 . Notification of Claims to : ClaimsNAProperty CorporateSolutions@swissre. com Fax-860-902-7149 Page No . 8 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation SPECIAL TERMS AND CONDITIONS ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Applicable Law ; Court Jurisdiction The laws of the State of New York, without regard to any conflict of laws rules that would cause the application of the laws of any other jurisdiction, shall govern the construction, effect, and interpretation of this insurance agreement. The parties irrevocably submit to the exclusive jurisdiction of the Courts of the State of New York and to the extent permitted by law the parties expressly waive all rights to challenge or otherwise limit such jurisdiction. Minimum Earned Premium In consideration of the premium charged and subject to the terms, exclusions, limits and conditions of this policy, not in conflict herewith, it is agreed that the minimum earned premium due to the Company is (25 . 0%) of the total invoiced annual policy premium, including any applicable taxes and surcharges, regardless of the actual term of this policy . However, if this policy is canceled by the Companies prior to the expiration date, the earned premium shall be computed pro-rata and the terms and conditions of this minimum earned premium provision shall be null and void. Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, or limitations of the policy to which this provision is attached other than as above stated. Coverage Territory Revision The coverage territory is : United States of America , including its territories and possessions . Certificates Wording Please be advised that Swiss Re does not review Certificates of Insurance issued by you, or by any party, relating to this policy of insurance either for content or accuracy . Accordingly, we request that you do not provide copies of certificates to us for review or for our records. Authority is granted to you for the limited purpose of issuing unmodified ACORD 24, 27 or 28 Certificates only . It is your responsibility to see that any Certificate provides an accurate representation of the coverage form and endorsements applicable to this policy at the time the Certificate is issued. Any modification of the approved ACORD forms specifically set forth above, or the issuance of a non-approved Certificate of Insurance ACORD or other is prohibited. Certificates of Insurance may only be issued as a matter of information. You have no authority by virtue of a Certificate or otherwise, to amend, extend or otherwise alter coverage afforded under this policy . Certificates of Insurance are never recognized as endorsements or policy change requests. You must submit a separate written request if an endorsement or policy change (including but not limited to adding additional insureds, loss payees and mortgagees and/or alteration of notice requirements for cancellation) is requested. In the event a policy change is requested, the underwriter will advise if the request is acceptable to the Company . SP 6 208 0413 Page 1 of 4 Page No . 9 of 27 FSIC Policy Number ESP 2005390 00 Nuclear, Chemical And Biological Exclusion We will not pay for loss or damage caused directly or indirectly by : A. nuclear detonation, reaction, nuclear radiation or radioactive contamination, all whether controlled or uncontrolled, or due to any act or condition incident to any of the foregoing, whether such loss be direct or indirect, proximate or remote, or be in whole or in part caused by , contributed to, or aggravated by, any physical loss or damage insured against by this Policy or Coverage Part, however such nuclear detonation, reaction, nuclear radiation or radioactive contamination may have been caused. This exclusion replaces any other nuclear detonation, nuclear reaction, nuclear radiation or radioactive contamination exclusions found elsewhere in this Policy . B . the possession, use, dispersal, application or release of, or exposure to, chemical or biological materials or agents, all whether controlled or uncontrolled, or due to any act or condition incident to any of the foregoing, whether such loss be direct or indirect, proximate or remote, or be in whole or in part caused by, contributed to, or aggravated by , any physical loss or damage insured against by this Policy or Coverage Part, however such possession, use, dispersal, application, release or exposure may have been caused. Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss. Hurricane Minimum Earned Premium Provision The following terms and conditions will apply to this policy : 1 . If the Insured cancels this policy, removes a location or reduces the amount of insurance on a location that is within 100 miles of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaii Islands, and coverage existed any time during the period of June 1st to November 30th, the amount of premium the Company will return will be the Unearned Premium for the location. The Unearned Premium is the annual premium for the policy (or for the location removed or coverage reduced, as applicable) multiplied by the Unearned Factor noted below . The location premium is the 100% annual rate multiplied by the location value as scheduled in the most current Statement of Values on file with the Company . 1 Year Policy Days Policy In Force Unearned Factor 1 to 180 20% 181 to 210 15% 211 to 240 10% 241 to 270 7 . 5% 271 to 300 5 .0% 301 to 330 2 . 5% 331 to 365 0 .0% 2 . If a Location that is within 100 miles of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaii Islands is added during the term of the policy and coverage exists any time during the period of June 1st to November 30th, the rate will be calculated as 100% of the annual rate, less the Unearned Factor as calculated in No. 1 above based upon the number of days remaining in the policy term. 3 . The provisions of this Hurricane Minimum Earned Premium Provision replace any short rate provisions stipulated in this policy for all locations that are within 100 miles of the Atlantic Ocean and/or the Gulf of Mexico and/or the Hawaii Islands and coverage existed any time during the period of June 1st to November 30th. SP 6 208 0413 Page 2 of 4 Page No . 10 of 27 FSIC Policy Number ESP 2005390 00 War Risk Exclusion We will not pay for loss or damage caused directly or indirectly by : 1 . hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual, impending or expected attack: a. by any government or sovereign power (de jure or de facto), or by any authority maintaining or using military , naval or air forces; or b . by military, naval or air forces; or c . by an agent of any such government, power, authority or forces; it being understood that any discharge, "Explosion" or use of any weapon of war employing nuclear fission or fusion shall be conclusively presumed to be such a hostile or warlike action by such a government, power, authority or forces; 2 . insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, combating or defending against such an "Occurrence" . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss. Flood Exclusion All loss or damage to covered property, caused directly or indirectly and regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage associated with the Peril of Flood is excluded. Earthquake and Earth Movement Exclusion All loss or damage to covered property, caused directly or indirectly and regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage associated with the Perils of Earthquake and Earth Movement is excluded. Boiler and Machinery Exclusion All loss or damage to covered property , caused directly or indirectly and regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage associated with the Peril of Boiler and Machinery is excluded. Prior and Subsequent Loss The Company is not liable hereunder for any loss or damage : 1 . occurring before the policy becomes effective ; or 2 . arising from an occurrence which is in progress at the time this policy becomes effective, even if such loss or damage occurs after this policy becomes effective; or 3 . occurring after the expiration of this policy, except loss or damage arising from an occurrence in progress at the time this policy expires. Claims Notifications To report a claim for this policy : Email Address: ClaimsNAProperty_CorporateSolutions a swissre. corn Fax Number: (860) 902-7149 SP62080413 Page 3of4 Page No . 11 of 27 FSIC Policy Number ESP 2005390 00 ALL OTHER TERMS AND CONDITIONS OF THIS POLICY SHALL REMAIN UNCHANGED . SP 6 208 0413 Page 4 of 4 Page No . 12 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation CYBER RISK EXCLUSION THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. 1 . Electronic Data Exclusion Notwithstanding any provision in this Policy or the Followed Policy or any endorsement thereto to the contrary, the following exclusion shall apply to this Policy : a) 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 therefrom, 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 programs, 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 unauthorized instructions or code including a set of maliciously introduced unauthorized 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 ' . b) However, in the event that a peril listed below results from any of the matters described in paragraph a) above, this Policy, subject to all its terms, conditions and exclusions will cover physical damage occurring during the Policy period to property insured by this Policy directly caused by such listed peril. Listed Perils Fire Explosion 2. Electronic Data Processing Media Valuation Notwithstanding any provision to the contrary within the Policy or any endorsement thereto, it is understood and agreed as follows : - Should electronic data processing media insured by this Policy suffer physical loss or damage insured by this Policy, then the basis of valuation shall be the cost to repair, replace or restore such media to the condition that existed immediately prior to such loss or damage, including the cost of reproducing any ELECTRONIC DATA contained thereon, providing such media is repaired, replaced or restored. Such cost of reproduction shall include all reasonable and necessary amounts, not to exceed $25 ,000 any one loss, incurred by the Assured in recreating, gathering and assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Policy does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. Nothing herein contained shall vary , alter or extend any agreement, provision, general condition or declaration of this Policy other than as above stated. ALL OTHER TERMS AND CONDITIONS OF THIS POLICY SHALL REMAIN UNCHANGED . SP 4 811 0312 Page 1 of 1 Page No . 13 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation EXCLUSIONS - LOSS DUE TO AN ACT OF TERRORISM; LOSS FROM CHEMICAL, BIOLOGICAL & RADIOLOGICAL EXPOSURE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. A. Notwithstanding any provision in this Policy or any endorsement thereto to the contrary , this policy does not insure against any loss, damage, cost or expense caused by or resulting from any of the following, regardless of any other cause or event contributing concurrently or in any other sequence thereto : (1 ) Terrorism, or any action in hindering, combating or defending against the same, regardless of who commits or threatens the commission of the act or acts, and regardless of any other cause or event contributing concurrently or in any other sequence thereto . As used in the foregoing sentence, " Terrorism" shall mean any act or threatened act of unlawful force or violence including, but not limited to, property destruction, murder, kidnapping, hostage-taking, hijacking, piracy or any other unlawful conduct which is dangerous to or destructive of human life, property or commerce, by any person or group of persons, whether acting alone or in concert with others, when such act reasonably appears to have been done or threatened for political, religious, ideological or similar purposes including, but not limited to : the desire to protest the actions, laws, policies or decisions of any government or sovereign power (de jure or de facto) ; the desire to destabilize, overthrow, coerce, intimidate, alter or eliminate any government or sovereign power (de facto or de jure) ; the desire to incite, intimidate or coerce a civilian population or any segment thereof; the desire to inflict economic loss upon, or disrupt any segment of one or more national or regional economies. (2) The unlawful possession, use, release, discharge, dispersal or disposal of any chemical, bacteriological, viral, radioactive or similar agents or matter regardless of who is responsible for the act and whether war has been declared or not, and regardless of any other cause or event contributing concurrently or in any other sequence thereto. (3) The unlawful possession, use, release, discharge, detonation, dispersal or disposal of any device or material capable of producing a nuclear reaction or the spread of radioactivity, regardless of who is responsible for the act and whether war has been declared or not, and regardless of any other cause or event contributing concurrently or in any other sequence thereto. B. Exception Covering Certain Fire Losses If direct physical loss or damage by fire results from Terrorism (unless committed by or on behalf of the Insured) to property insured by this policy that is located in a jurisdiction whose statutory law requires such resulting direct physical loss or damage to be covered by a standard fire policy , the "Company " will pay for the loss or damage caused by that fire, but only to the extent of the Actual Cash Value of the resulting direct physical loss or damage by fire to insured property , subject to all applicable policy provisions including the Limit of Liability on the affected property . Such coverage for fire applies only to direct loss or damage by fire to covered property . Therefore, for example, the coverage does not apply to insurance provided under Time Element, Business Interruption and/or Extra Expense coverage parts or endorsements that apply to those coverage parts, or to Leasehold Interest Coverage. C. In any action, suit or other proceeding where the " Company " alleges that, by reason of any provision in this endorsement, some or all loss or damage is not insured by this policy, the burden of proving that such loss or damage is not excluded shall be upon the Insured. All other terms and conditions of this policy shall remain unchanged. SP 9 662 1214 Page 1 of 1 Page No . 14 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation DUTIES AND REQUIREMENTS IN THE EVENT OF LOSS OR DAMAGE ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. The policy provisions regarding your duties and obligations in the event of a loss appearing anywhere in the Policy are hereby superseded by the following. Duties and Requirements in The Event of Loss or Damage a. You must see that the following are done in the event of loss or damage to Covered Property : (1 ) Notify the police if a law may have been broken. (2) Give us prompt notice of the loss or damage and include a description of the property involved. (3) As soon as possible, give us a description of how, when and where the loss or damage occurred. (4) Take all reasonable steps to protect the Covered Property from further damage, including separating the damaged and undamaged property and putting it in the best possible order for examination, and keep a record of your expenses necessary to protect the Covered Property, for consideration in the settlement of the claim. This will not increase the Limit of Insurance . However, we will not pay for any subsequent loss or damage resulting from a cause of loss that is not a Covered Cause of Loss. (5) At our request, give us complete inventories of the destroyed, damaged and undamaged property, showing in detail quantities, costs, replacement and actual cost values and amount of loss claimed. (6) As often as may be reasonably required, permit us to inspect the property proving the loss or damage and examine your books and records. Also permit us to take samples of damaged and undamaged property for inspection, testing and analysis, and permit us to make copies from your books and records . (7) Send us a signed, sworn proof of loss containing the information we request to investigate the claim. You must do this within sixty (60) days after our request, unless such time is extended in writing by us. We will supply you with the necessary forms; your responses will include your knowledge and belief as to the following: (a) The time and origin of the loss ; (b) Your interest and of all others in the property ; (c) The actual cash value of each item thereof and the amount of loss thereof; (d) All encumbrances thereon; (e) All other contracts of insurance, whether valid or not covering any of said property ; (f) Any changes in the title, use, occupation, location, possession or exposures of said property since the issuing of this Policy, (g) By whom and for what purpose any building herein described and the several parts thereof were occupied at the time of loss (h) Whether the damaged property was owned or leased and furnish a copy of all the descriptions and schedules in all policies or on file with us and, if required, verified plans and specifications of any building, fixtures, machinery or other property destroyed or damaged. (8) Cooperate with us in the investigation or settlement of the claim. SP 5 730 1112 Page 1 of 2 Page No . 15 of 27 FSIC Policy Number ESP 2005390 00 b. You, as often as may be reasonably required, shall : (1 ) Exhibit to any person designated by us or our representative all that remains of any property herein described. (2) Submit to examinations under oath by any person named by us, while not in the presence of any other person that might be subject to such an examination, and subscribe the same . (3) Present and require any of your officers, directors, investors, managers, employees, public adjuster, experts, consultants, contractors or any other representative relating to the loss or damage, for examinations under oath by any person named by us, while not in the presence of any other person that might be subject to such an examination, and require they subscribe the same . (a) In the event that any of your officers, directors, investors, managers, employees, public adjuster or any other representative fails to submit to an examination, we will treat that refusal as your refusal to submit to examination and our ability to investigate your claim will be prejudiced. (b) In the event that any of your experts, consultants or contractors fails to cooperate in this examination, we may, at our option, disregard their findings and conclusions. (4) Produce for examination: (a) All books of account; (b) Bills, invoices and other vouchers, or certified copies thereof if originals be lost; (c) Estimates for the repair or replacement of the lost or damaged property ; (d) Any and all records relating to prior ownership of the property , prior loss and damage to the property, prior insurance claims you or any other owner of the property has made in the past; At such reasonable time and place as may be designated by us or our representative, and shall permit extracts and copies thereof to be made by us. ALL OTHER TERMS AND CONDITIONS OF THIS POLICY SHALL REMAIN UNCHANGED . SP57301112 Page2of2 Page No . 16 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation ECONOMIC OR TRADE SANCTIONS OR UNITED NATIONS RESOLUTIONS ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. The following is hereby added to the Policy : The Company will not be deemed to have provided coverage and will not be liable to pay any claim or provide any benefit to the extent that payment of such claim or provision of such benefit would expose the Company to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of any jurisdiction applicable to the Company. ALL OTHER TERMS AND CONDITIONS OF THIS POLICY SHALL REMAIN UNCHANGED . SP 4 749 0112 Page 1 of 1 Page No . 17 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation OCCURRENCE LIMIT OF LIABILITY ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY The following is hereby added to the Policy : 1 . Notwithstanding anything stated herein this Policy or the Followed Policy to the contrary, for the purpose of determining coverage under this Policy, including but not limited to determining the limits of indemnity of the Underlying Insurance excess of which this Policy shall apply, the Followed Policy and all Underlying Insurance shall be deemed to include and be subject to the Occurrence Limit of Liability condition set forth below . 2 . It is expressly understood and agreed that the application of this Endorsement may result in the limit of liability of Underlying Insurance applied by this excess Policy for determining the attachment point hereof, not being equal to the total payments made by the insurers of the Underlying Insurance. Occurrence Limit of Liability It is understood and agreed that the following special terms and conditions apply to this Policy : 1 . The limit of liability of Insurance shown herein or endorsed onto this policy, is the total Program Limit of Liability applicable to each occurrence in respect to all individual insureds or members combined. Notwithstanding any other terms and conditions of this Policy to the contrary , in no event shall the liability of the Company exceed our proportionate program share of this limit or amount irrespective of the number of locations, individual insured's or members involved. Limits of liability are not on a per individual Insured or per member basis but rather apply regardless of the number of locations, individual Insured's or members involved. The term "occurrence" shall mean any one loss, disaster, casualty or series of losses, disasters, or casualties, arising out of one event except as specified elsewhere in the policy with regards to flood or earthquake coverage. When the term applies to loss or losses from the perils of tornado, cyclone, hurricane, windstorm, hail, volcanic eruption, riot, riot attending a strike, civil commotion, and vandalism and malicious mischief one event shall be construed to be all losses arising during a continuous period of 72 hours . When filing proof of loss, you may elect the moment at which the 72 hour period shall be deemed to have commenced, which shall not be earlier than the first loss to the covered property occurs and must commence within the policy term. 2 . The premium for this Policy is based upon the Statement of Values on file with us, or attached to this Policy . In the event of loss hereunder, the total limit of liability , subject to the terms of paragraph one ( 1 ) above, shall be limited to the least of the following: a. The actual adjusted amount of loss, less applicable deductible(s), b . The total stated value for the property involved, as shown on the latest Statement of Values on file with us, less applicable deductible(s), c . The limit of Liability or Limit of Insurance shown on the face of this Policy or endorsed onto this Policy . All other terms and conditions of this policy shall remain unchanged. SP 4 814 0416 Page 1 of 1 Page No . 18 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation SERVICE OF SUIT CLAUSE ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. Service of process in any lawsuit, or mandated alternative dispute resolution (ADR) proceeding instituted against us may be made upon: Legal Department First Specialty Insurance Corporation 1200 Main Street, Suite 800 Kansas City, MO 64105 The above party is authorized and directed to accept service of process on behalf of us in any suit or ADR proceeding, and/or, upon your request, agrees to give a written undertaking to you that he/she will enter a general appearance upon our behalf should a lawsuit, or ADR proceeding be instituted. Further, pursuant to any law of any state, the District of Columbia, territory , or protectorate of the United States which makes provision therefore, we hereby designate the Superintendent, Commissioner, Director of Insurance, deputy , or department employee specified as attorney or agent for receipt of lawful service of process or ADR proceeding, in the law, instituted by or on your behalf or any beneficiary within this contract, the above is hereby authorized as our designee upon whom the service of process may be served. Nothing contained herein shall limit or abridge the right to serve any process, notice or demand upon us in any other manner permitted or required by law. ALL OTHER TERMS AND CONDITIONS OF THIS POLICY SHALL REMAIN UNCHANGED . SP 4 747 0110 Page 1 of 1 Page No . 19 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation GENERAL AMENDATORY ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. The following provision(s) is (are) hereby attached to and made a part of this policy . The policy changes provided by this endorsement shall supersede and annul any conflicting provisions of the policy . Specific Coverages Excluded Hereunder This Policy Notwithstanding any provision in this policy including any endorsement to the contrary, the below listed coverages, if present and applicable, are excluded from coverage under this policy : • Waiver of Insurance Conditions and/or Waiver of Company Conditions Clause • Conflict of Wording Clause • Full Waiver Clause • Policy Authors Clause • Values Clause • Liberalization Clause Conformity to Statues Clause • Provisions Applicable to Specific Jurisdictions Clause In the event that the language and/or terms used above to identify any coverage to be excluded hereunder this policy is not an identical replication of the language/terms used to describe such coverage, this will not invalidate the exclusion thereof, provided that the description used herein is sufficient to reasonably identify the excluded coverage. Notice of Loss The notification of loss condition in this policy is hereby amended in the following particulars : As soon as practicable after any loss or damage occurring under this policy is known to the Insured, the Insured shall report such loss or damage with full particulars to the retail broker for transmission to the designated loss adjuster and to this Company . Notwithstanding the foregoing, notice shall only be deemed effected when actually received by the designated loss adjuster and this Company . Partial Payment of Loss Settlement V 1 . In the event of a loss occurring which has been ascertained by the Company to be recoverable under this policy, the Company will advance mutually agreed upon partial payments for such loss, subject to the provisions of this policy . 2 . To obtain such partial payments, the Insured agrees to submit a signed and sworn partial proof of loss as described in this policy , with adequate supporting documentation. Non-Renewal Notice Amendment Non-Renewal Notice terms and conditions referenced in this policy are hereby deleted in their entirety, except as otherwise required in accordance with applicable state law or regulation. SP 19 457 1021 Page 1 of 2 Page No. 20 of 27 FSIC Policy Number ESP 2005390 00 Currency Amendment Any reference to Currency in this policy is hereby amended to the following: Any amounts specified in this policy, including but not limited to premium, limit(s) of liability, deductible(s), and loss payable will be considered to be in U. S . (USD) currency . New Location Rating Unless a valid Rate Matrix has been mutually agreed upon between the Company and the Insured, any new location(s) to be covered in accordance with the applicable terms and conditions of this policy will be underwritten and rated in accordance with the Company's established risk rating guidelines in effect at the time the Company is requested to add such location(s) to this policy . Notwithstanding the foregoing, any new location coverage terms and conditions including any associated premium charge shall be mutually agreed between the Company and the Insured prior to such location coverage being endorsed to this policy . Miscellaneous Unnamed Locations Subject to this policy's terms and conditions, all locations or items of coverage reported with $0 or no values are subject to the Miscellaneous Unnamed Locations sublimit of Liability as set forth in this policy . Professional Fees/Loss Adjustment Expenses Amendment The sublimit of Liability applying under this policy for Professional Fees/Loss Adjustment Expenses, if any , is hereby amended to exclude the expenses of Insurance Brokers, Independent Adjusters, Public Adjusters and/or Attorneys. Suit Against the Company No suit or action on this policy for the recovery of any claim shall be sustainable in any court of law unless all the requirements of this policy shall have been completed with, and unless commenced within twelve ( 12) months after the date of the physical loss or damage giving rise to any claim hereunder. SP 19 457 1021 Page 2 of 2 Page No . 21 of 27 First Specialty Insurance Corporation COMMUNICABLE DISEASE EXCLUSION ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY The following exclusion is hereby attached to and made a part of this policy . The policy changes provided by this endorsement shall supersede and annul any conflicting provisions of the policy . Notwithstanding any provision in this Policy or the Followed Policy or any endorsement thereto to the contrary , the following terms and conditions shall apply to this Policy: The following provision(s) is (are) hereby attached to and made a part of this policy. This policy is hereby amended to include the following exclusion condition: Communicable Disease Exclusion Notwithstanding anything to the contrary in this insurance, this insurance does not insure against: Loss, damage, cost, expense or TIME ELEMENT of any type whatsoever that is related in any way to or caused directly or indirectly by any actual, suspected or potential COMMUNICABLE DISEASE regardless of whether any other cause contributes concurrently or in any sequence to the loss, damage, cost, expense or TIME ELEMENT. COMMUNICABLE DISEASE means a contagious disease or illness arising out of or in any manner related to a bacterial infection or infectious or biological virus or agent or the toxic products which are transmitted or spread, directly or indirectly , to a person from an infected person, plant, animal or anthropoid, or through the agency of an intermediate animal, host or vector of the inanimate environment or transmitted or spread by instrument or any other method of transmission. COMMUNICABLE DISEASE shall include and not be limited to, for example, Acquired Immunodeficiency Syndrome (AIDS) or Human Immunodeficiency Virus (HIV), any type or strain of Severe Acute Respiratory Syndrome (SARS) or Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), Middle East Respiratory Syndrome (MERS), West Nile Disease, Zika virus, chicken pox, any type or strain of influenza or infectious respiratory illness (including, but not limited to avian flu, Corona Virus or COVID - 19), pneumonia, legionella, hepatitis, measles, meningitis, mononucleosis, whooping cough, cholera, Ebola hemorrhagic fever, bubonic plagues, anthrax and any variant(s) of the foregoing. TIME ELEMENT means any type of loss which is measured, in whole or in part, by a period or the passage of time. TIME ELEMENT shall include, but are not limited to, Gross Earnings, Gross Profits, Business Interruption, Business Income, Extra Expense, Rental Insurance, Contingent Time Element, Contingent Business Interruption, Contingent Business Income, Contingent Extra Expense, Service Interruption — Time Element, Leasehold Interest, Commissions, Licensing Fees and Royalties, Ingress/Egress, Order of Civil or Military Authority, and Soft Costs. In the event that the language and/or terms used above to identify any TIME ELEMENT coverage is not an identical replication of the language/terms used in this policy , this will not negate application of this exclusion. All other terms and conditions of this policy shall remain unchanged. This endorsement forms a part of the policy to which attached, effective on the inception date of the policy unless otherwise stated herein. (The information below is required only when this endorsement is issued subsequent to the preparation of the policy .) Policy Number: Endorsement Effective Date : Named Insured: SP194561021 Page 1of1 Page No . 22 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation EXCESS PHYSICAL DAMAGE FORM AMENDATORY ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. This endorsement modifies the following form: EXCESS PHYSICAL DAMAGE FORM 1 . Section 2. APPLICATION OF UNDERLYING PROVISIONS is deleted in its entirety and replaced with the following: In respect of the perils hereby insured against and except as otherwise provided herein, this Policy is subject to the same warranties, definitions, exclusions, limitations, terms, and conditions as are contained in the Policy(ies) of the Primary Insurer(s) except as regards the premium, the amount and Limits of Liability (other than the deductible or self-insurance provisions) or any renewal agreement. If any warranty, definition, exclusion, limitation, term or condition of the Policy(ies) of the Primary Insurer(s) is changed after this Policy' s inception date, then the Insured shall as soon as reasonably practicable provide written notice of such change to the Insurer(s). If any such change to the Policy(ies) of the Primary Insurer(s) would result in broader coverage thereunder, then it shall be a condition precedent to such change having any effect on the coverage provided by this Policy, that the Insured first obtains the written consent of the Insurer(s) to such change. 2 . Section 3 . LIMITS OF LIABILITY is deleted in its entirety and replaced with the following: No liability shall attach to the Insurer unless and until the Primary and Underlying Excess Insurer(s) have paid, or have admitted liability for, the full amount of their respective liability as set forth in Item 12 of the Schedule designated as Primary Limit(s) and Item 13 . of the Schedule designated as Underlying Excess Limit(s). The Insurer's Limit of Liability is set forth in Item 11 . of the Schedule and designated as the Policy Limit(s). The most the Insurer shall be liable to pay under this Policy is the amount set forth in Item 11 . of the Schedule designated as the Policy Limit(s). In no event, however, shall the Insurer(s) be liable to pay more for more than the Policy Limit(s) specified in Item 11 of the Schedule regardless of the number of Locations or Coverages involved. 3 . Section 4. MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY(IES) AND LIMITS is amended to include the following: Notwithstanding anything to the contrary herein this Policy, if: (a) any policy(ies) of the Primary Insurers apply a sublimit to any coverage therein in an amount less than the Primary Limit(s) set forth in Item 11 . of the Schedule; or (b) any policy(ies) of the Underlying Excess Insurer(s) apply a sublimit to any coverage therein in an amount less than the Underlying Excess Limit(s) set forth in Item 12. of the Schedule, then this policy shall not apply to any occurrence, loss or claim covered by such sub-limited coverage, except as may otherwise be provided by an endorsement to this Policy. However, the Insurer shall recognize the reduction of the limits of liability of the Primary and Underlying Excess Insurer(s) by payments made by the Primary and Underlying Excess Insurer(s) in accordance with the terms and conditions of the applicable policy in respect of any such sub-limited coverage. 4. Section 5 . DROP DOWN CLAUSE is deleted in its entirety and replaced with the following: MF 5 586 0612 © 2015 First Specialty Insurance Corporation. All rights reserved. Page 1 of 5 Page No . 23 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation Where the Policy(ies) of the Primary and Underlying Excess Insurer(s) set forth in Items 11 . and 12. of the Schedule are subject to an aggregate limit of liability for any specified peril or coverage equal to the applicable Total Limits Subject to Annual Aggregates set forth in Item 13 . of the Schedule, the following shall apply: (a) In the event that any such aggregated limit of liability of the Policy(ies) of the Primary and Underlying Excess Insurer(s) are reduced by payments made by the Primary and Underlying Excess Insurer(s) in accordance with the terms and conditions of the applicable policy in respect of such specified peril or coverage, this Policy shall apply excess of any remaining unexhausted limits, subject to any deductible or self-insurance provision included in the Policy(ies) of the Primary and/or Underlying Excess Insurer(s). (b) In the event that any such aggregated limit of liability of the Policy(ies) of the Primary and Underlying Excess Insurer(s) is exhausted by payments made by the Primary and Underlying Excess Insurer(s) in accordance with the terms and conditions of the applicable policy in respect of such specified peril or coverage, this Policy shall apply as primary insurance subject to any deductible or self-insurance provision included in the Policy(ies) of the Primary and/or Underlying Excess Insurer(s). 5 . Section 7. NOTIFICATION OF CLAIMS is amended to include the following : The Insured shall furnish promptly all information reasonably requested by the Insurer with respect to any occurrence and pertaining to coverage under this Policy. The Insured, as often as may be reasonably required, shall exhibit to any person designated by the Insurer all that remains of any property herein described, and submit to examinations under oath by any person named by the Insurer, and subscribe the same; and as often as may be reasonably required, shall produce for examination all books of accounts, bills, invoices, and other vouchers, or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the Insurer or its representative, and shall permit extracts and copies thereof to be made. 6. Section 8. PRIORITY OF PAYMENTS is deleted in its entirety and replaced with the following : Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event that losses, costs and/or expenses are in part covered by this Policy and in part not covered by this Policy, the Insured and Insurer shall use their best efforts to agree upon a fair and proper allocation thereof between covered and uncovered amounts, and the Insured shall cooperate with such efforts by providing all pertinent information with respect thereto. For the purpose of attachment of coverage of this Policy, any payments made to the Insured under the terms and conditions of the Policy(ies) of the Primary and Underlying Excess Insurer(s) set forth in Items 12. and 13 . of the Schedule, shall first apply to loss or damage not covered under the terms and conditions of this Policy and the Insurer shall recognize the reduction of the limits of liability of the Primary and Underlying Excess Insurer(s) by such payments. However, nothing herein shall be interpreted to extend the coverage provided by this Policy to include any coverage or peril that is excluded under the terms and conditions of this Policy. 7 . This Policy is amended by the addition of the following Section 10. ADDITIONAL GENERAL CONDITIONS : ADDITIONAL GENERAL CONDITIONS (a) Right of Inspection The Insurer(s) shall be permitted but not obligated to inspect the Insured's property and operations at any reasonable time. Neither the right to make inspections nor the making thereof nor any advice or report resulting therefrom shall constitute an undertaking, on behalf of or for the benefit of the Insured or others, to determine or warrant that such property or operations are safe or healthful, or are in compliance with any law, rule or regulation. MF 5 586 0612 © 2015 First Specialty Insurance Corporation. All rights reserved. Page 2 of 5 Page No . 24 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation (b) Severability If any provision of this Policy is held to be illegal, invalid or unenforceable in whole or in part, this Policy shall continue to be valid as to its other provisions and the remainder of the affected provisions. Any provision declared null and void is in this case to be understood in such way that its intended purpose is still fulfilled as far as possible. (c) Suit No suit or action on this Policy for the recovery of any claim shall be sustainable in any court of law or equity unless all the requirements of this Policy shall have been complied with in full. (d) Occurrence Hour Clause Wherever the term "Occurrence" in the Policy/ies of the Primary Insurer(s), specified in the Schedule, is modified by the inclusion of a specific time period, then it is a condition of this Policy that the Occurrence causing loss or damage must commence after the inception date and prior to the expiration date of this Policy. However, any such Occurrence period shall not be limited by the expiration date of this Policy. (e) Unimpaired Aggregate It is expressly understood and agreed that should any of the policies, specified in the Schedule, of the underlying primary and/or underlying excess insurance, including renewals or replacements thereof, be non- concurrent with the Policy Period of this Policy, as stated in Item 5 . of the Schedule, the limits scheduled for such policies shall be considered unimpaired as of the inception date of this Policy, as set forth in Item 5 . of the Schedule. (f) Arbitration ( 1 ) Any dispute, controversy or claim arising out of or relating to this Policy or the breach, termination or invalidity thereof shall be finally and fully determined in New York, New York under the provisions of the United States Federal Arbitration Act, U. S. Code, Title 9, and/or any statutory modifications or amendments thereto, for the time being in force, by a Board composed of three arbitrators to be selected for each controversy as follows: Any party may, in the event of such a dispute, controversy or claim, notify the other party or parties to such dispute, controversy or claim of its desire to arbitrate the matter, and at the time of such notification the party desiring arbitration shall notify any other party or parties of the name of the arbitrator selected by it. The other party who has been so notified shall within thirty (30) calendar days thereafter select an arbitrator and notify the party desiring arbitration of the name of such second arbitrator. If the party notified of a desire for arbitration shall fail or refuse to nominate the second arbitrator within thirty (30) calendar days following the receipt of such notification, the party who first served notice of a desire to arbitrate will, within an additional period of thirty (30) calendar days, apply to ARIAS-US for the appointment of a second arbitrator and in such a case the arbitrator appointed by ARIAS-US shall be deemed to have been nominated by the party or parties who failed to select the second arbitrator. The two arbitrators, chosen as above provided, shall within thirty (30) calendar days after the appointment of the second arbitrator choose a third arbitrator. In the event of the failure of the first two arbitrators to agree on a third arbitrator within said thirty (30) calendar day period, either of the parties may within a period of thirty (30) calendar days thereafter, after notice to the other party or parties, apply to ARIAS-US for the appointment of a third arbitrator and in such case the person so appointed shall be deemed and shall act as the third arbitrator. Upon acceptance of the appointment by said third arbitrator, the Board of Arbitration for the controversy in question shall be deemed fixed. All claims, demands, denials of claims and notices pursuant to this Arbitration provision shall be given in accordance with the notice provisions of this policy. MF 5 586 0612 © 2015 First Specialty Insurance Corporation. All rights reserved. Page 3 of 5 Page No . 25 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation (2) The Board of Arbitration shall fix, by a notice in writing to the parties involved, a reasonable time and place for the hearing and may prescribe reasonable rules and regulations governing the course and conduct of the arbitration proceeding, including, without limitation, discovery by the parties. (3) The Board shall, within ninety (90) calendar days following the conclusion of the hearing, render its decision on the matter or matters in controversy in writing and shall cause a copy thereof to be served on all the parties thereto. In case the Board fails to reach a unanimous decision, the decision of the majority of the members of the Board shall be deemed to be the decision of the Board and the same shall be final and binding on the parties thereto. Such decision shall be a complete defense to any attempted appeal or litigation of such decision in the absence of fraud or collusion. Without limiting the foregoing, the parties waive any right to appeal to, and/or seek collateral review of the decision of the Board of Arbitration by, any court or other body to the fullest extent permitted by applicable law. (4) Any order as to the costs of the arbitration shall be in the sole discretion of the Board, who may direct to whom and by whom and in what manner they shall be paid. (5) The prevailing party shall be entitled to enforce the decision of the Board by obtaining a judgment thereon in any court of competent jurisdiction and executing the judgment pursuant to the enforcement procedures of that court or any other court competent to enforce the judgment. (g) Headings and Titles The clause headings and titles herein this Policy are included for convenience only and do not affect the construction of this Policy. (h) Cancellation This Policy may be cancelled by the Named Insured or by the Insurer, by sending by registered or certified mail notice to the other party stating when, not less than sixty (60) days thereafter, cancellation shall be effective. However in the event of non-payment of premium by the Named Insured this Policy may be cancelled by the Insurer by sending by registered or certified mail notice to the Named Insured stating when, not less than ten days thereafter, cancellation shall be effective. The mailing of notice as aforesaid by the Insurer to the Named Insured at the address shown in this Policy shall be sufficient proof of notice and the insurance under this Policy shall end on the effective date and hour of cancellation stated in the notice. Delivery of such written notice either by the Named Insured or by the Company shall be equivalent to mailing. In the event that this Policy is cancelled, as aforesaid, the expiration date of this Policy shall be the effective date of such cancellation. If this Policy shall be cancelled by the Named Insured the Insurer shall retain the short rate proportion of the premium for the period this Policy has been in force, calculated in accordance with the Short Rate Cancellation Table. If this Policy shall be cancelled by the Insurer, the Insurer shall retain the pro rata proportion of the premium for the period this Policy has been in force. Notice of cancellation by the Company shall be effective even though the Insurer make no payment or tender of return premium with such notice. (i) Taxation The Named Insured is liable for all taxes on or arising from the premium paid for this Policy, including but not limited to insurance premium taxes, excises, stamp duties, withholdings, charges, impositions, assessments or similar items imposed by the law of any jurisdiction. Any and all such amounts are in addition to the premium. (j) International Trade Sanctions Exclusion MF 5 586 0612 © 2015 First Specialty Insurance Corporation. All rights reserved. Page 4 of 5 Page No . 26 of 27 FSIC Policy Number ESP 2005390 00 First Specialty Insurance Corporation The Insurer will not be deemed to have provided coverage and will not be liable to pay any claim or provide any benefit to the extent that payment of such claim or provision of such benefit would expose the Insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of any jurisdiction applicable to the Insurer. MF 5 586 0612 © 2015 First Specialty Insurance Corporation. All rights reserved. Page 5 of 5 Page No . 27 of 27 FSIC Policy Number ESP 2005390 00 SURPLUS LINES LICENSEE : CRC Corporate License 183767 This contract is delivered as a surplus line coverage under the ' Nonadmitted Insurance Act ' . The insurer issuing this contract is not licensed in Colorado but is an Policy Number : 795 - 01 - 73 - 10 - 0000 ELIGIBLE nonadmitted insurer . There is no protection under the provisions of the ' Colorado Insurance Guaranty Renewal Of : 795 - 01 - 40 - 43 - 0000 Association Act ' . ( AleBeacon EXCESS PROPERTY SPECIALTY PROPERTY POLICY DECLARATIONS CO SURPLUS LINES TAX - $ 1 , 815 . 00 EXCESS INSURANCE COMPANY : Homeland Insurance Company of New York 1000 Woodbury Road , Ste . 403 Woodbury, NY 11797 INSURED' S NAME AND MAILING ADDRESS : PRODUCER NUMBER : Colorado Counties Casualty and Property 0105789 Pool c / o CTSI 800 Grant Street , Suite 400 Denver , CO 80203 PRODUCER NAME : CRC Insurance Services , Inc . POLICY PERIOD From : 01 / 01 / 2022 To : 01 / 01 / 2023 At the Time Defined in the Primary Underlying Insurance Policy ( If not Defined in the Primary Underlying Insurance Policy , at 12 :01 AM Standard Time at the Mailing Address Shown Above) IN RETURN FOR THE PAYMENT OF THE PREMIUM AND SUBJECT TO ALL THE TERMS, CONDITIONS, LIMITATIONS AND EXCLUSIONS OF THIS POLICY THIS COMPANY AGREES WITH THE NAMED INSURED TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY PREMIUM POLICY PREMIUM : $ 60 , 500 TERRORISM PREMIUM : $ REJECTED TOTAL DUE : $ 60 , 500 X Minimum Earned Premium Applies In the event of cancellation of this Policy by the first named Insured prior to the expiration of the Policy Period shown above, the following minimum earned premium applies : 25% MINIMUM EARNED PREMIUM $ 15 , 125 Cancellation by this Company for non -payment of premium will be deemed cancellation at the first named Insured ' s request. Insureds with Coastal Property Premium Endorsement Applies LIMIT(S) OF RECOVERY AND UNDERLYING AMOUNTS ( Deductible , SIR or Primary Amounts) $ 12 , 5001 000 PART OF $ 50 , 000 , 000 EACH OCCURRENCE EXCESS $ 50 , 0001 000 EACH OCCURRENCE AND IN THE ANNUAL AGGREGATE AS RESPECTS EARTHQUAKE AND FLOOD . THIS POLICY IS SUBJECT TO THE TERMS CONTAINED IN THESE DECLARATIONS AND CONSISTS OF THE FOLLOWING CONDITIONS, COVERAGE FORM(S) AND ANY ENDORSEMENT(S) : OBSP BR 100 09 17 Page 1 of 2 Excess Property Policy Declarations OBSP BR 100 09 17 Broker Manuscript Form Manuscript Form Excess Property Conditions OBSP BR 002 09 17 Claim Reporting Options PHN 049 OBSP 04 16 Policyholder Disclosure Notice of Terrorism Insurance PHN 002 IL 12 20 Exclusion of Certified Acts of Terrorism OBSP BR 219 09 17 Service of Suit Endorsement OB IL 001 10 15 U . S . Treasury OFAC Advisory Notice IL P 001 01 04 Electronic Data and Cyber Vandalism Exclusion OBSP BR 202 01 19 Fungus , Wet Rot , Dry Rot , Virus and Bacteria Exclusion OBSP BR 204 01 19 Nuclear , Chemical and Biological Exclusion OBSP BR 205 01 19 Contaminants and Pollutants Exclusion OBSP BR 207 01 19 Equipment Breakdown Exclusions OBSP BR 212 01 19 al#41•1•. /hr 61.•t•tC:tC SECRETARY PRESIDENT 05 / 23 / 2022 DATE OF ISSUANCE LAST PAGE OF DECLARATIONS OBSP BR 100 09 17 Page 2 of 2 COMMERCIAL EXCESS PROPERTY EXCESS PROPERTY CONDITIONS The following Conditions are added to this Policy and replace any provisions to the contrary . A. ABANDONMENT There can be no abandonment to this Company of any property . B . ASSIGNMENT Neither this Policy nor the proceeds of this Policy can be assigned , either before or after a loss , to another party without this Company 's consent. C. BANKRUPTCY, INSOLVENCY OR UNCOLLECTIBILITY OF UNDERLYING INSURANCE In the event of the bankruptcy , insolvency or other financial impairment of any underlying insurer this Policy will apply as if all underlying insurance were valid and collectible . This Company will not be liable for the obligations of any such underlying insurer, and this Policy will not replace any such underlying insurance. This Company does not insure or assume, under any circumstances , the risk of uncollectibility ( in whole or part) , whether because of bankruptcy , insolvency or financial impairment of any underlying insurer or for any other reason . Rather, the risk of such uncollectibility is expressly retained by the Insured . D. CANCELLATION 1 . The first named Insured may cancel this Policy by mailing or delivering to this Company or any of its authorized agents advance written notice of cancellation . 2. This Company may cancel this Policy by mailing or delivering to the first named Insured written notice of cancellation at least : a. 10 days before the effective date of cancellation if we cancel for nonpayment of premium ; or b . 90 days before the effective date of cancellation if we cancel for any other reason . 3. This Company will mail or deliver our notice to the first named Insured 's last mailing address known to us . 4. Notice of cancellation will state the effective date of cancellation . The policy period will end on that date . 5. If the first named Insured cancels this Policy , earned premium will be computed in accordance with the customary short rate table and procedure . If this Company cancels , earned premium will be calculated pro rata. Premium adjustment may be made at the time cancellation is effective. If not made then , premium adjustment will be made as soon as practicable after the cancellation becomes effective . This Company's check or the check of its representative mailed or delivered will be sufficient tender of any refund of premium due to the first named Insured . The cancellation will be effective even if this Company has not made or offered a refund . 6 . If notice is mailed , proof of mailing will be sufficient proof of notice . E . CHANGES This Policy contains all the agreements between this Company and the Insured concerning the insurance afforded . Notice to any agent or broker or knowledge possessed by any agent or broker or by any other person will not affect a waiver or a change in any part of this Policy or stop this Company from asserting any right under the terms of this Policy . The terms of this Policy can be amended or waived only by endorsement issued by this Company and made a part of this Policy . F. CONFORMITY TO STATUTE Terms of this Policy which are in conflict with any applicable statutes or regulations are hereby amended to conform to such statutes or regulations . G . DUTIES IN THE EVENT OF LOSS OR DAMAGE 1 . The Insured must see that the following are done in the event of loss or damage to property covered under this Policy : a. Notify the police if a law may have been broken . b . Give this Company prompt notice of the loss or damage . Include a description of the property involved . c. As soon as possible , give this Company a description of how , when and where the loss or damage OBSP BR 002 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 1 of 3 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY occurred . d . Take all reasonable steps to protect the property from further damage , and keep a record of expenses necessary to protect the property for consideration in the settlement of the claim . The expenses necessary to protect the property covered under this Policy will be apportioned between the interests concerned in the ratio of their respective loss payments as finally settled . However, this will not increase the amount of insurance due under this Policy . This Company will not pay for any subsequent loss or damage resulting from a peril that is not covered under this Policy . Also , if feasible , set the damaged property aside and in the best possible order for examination . e. At this Company's request, give us complete inventories of the damaged and undamaged property. Include quantities , costs , values and amount of loss claimed . f. As often as may be reasonably required , permit this Company to inspect the property proving the loss or damage and examine the Insured 's books and records . Also , permit this Company to take samples of damaged and undamaged property for inspection , testing and analysis , and permit this Company to make copies from the Insured 's books and records . g . Send this Company a signed , sworn proof of loss containing the information we request to investigate the claim . The Insured must do this within 60 days after this Company's request. We will supply you with the necessary forms . h . Cooperate with this Company in the investigation or settlement of the claim . 2. We may examine any Insured , or its representative , under oath , while not in the presence of any other Insured , or any other Insured 's representative , and at such times as may be reasonably required , about any matter relating to this insurance or the claim , including the Insured's books and records . In the event of an examination , the Insured's , or its representative's , answers must be signed . No examination under oath or examination of books and records , nor any act of this Company or any of its employees or representatives in connection with the investigation of any loss or claim , will serve to waive any defense which this Company might otherwise have with respect to any loss or claim . All such examinations or acts will be deemed to have been made or done without prejudice to this Company's liability . H . LEGAL ACTION AGAINST US No one may bring a legal action against us under this Policy unless : 1 . There has been full compliance with all of the terms of this Policy ; and 2. The action is brought within 12 months after the date on which the direct physical loss or damage occurred . However, if under the laws of the State within which this Policy is issued such limitation is invalid , then any such claims will be void unless such legal action is commenced within the shortest limit of time permitted by the laws of such State . I . LOSS APPRAISAL If this Company and the Insured disagree on the value of the property or the amount of loss , either may make written demand for an appraisal of the loss . In this event , each party will select a competent and impartial appraiser and will notify the other of the appraiser selected within 20 days of such demand . The two appraisers will select an umpire . If they cannot agree within 30 days upon such umpire , the Insured and this Company may file a joint motion requesting that a judge of a court having jurisdiction appoint a competent and impartial umpire after a joint hearing before the court. Along with the joint motion requesting the appointment of the umpire , each party will submit to the court sworn affidavits which describe the efforts their appraiser has taken to reach agreement regarding the appointment of the umpire . If either party does not agree to a joint motion , the Insured or this Company may unilaterally file a motion to compel appraisal in a court having jurisdiction . Such motion to compel must include a request for a joint hearing , and notice of hearing must be sent to the non- requesting party's appraiser by certified mail 7 days prior to the hearing . Once appraisal proceeds , each appraiser will state separately the value of the property and amount of loss as of the date and time of the loss or damage . If the appraisers fail to agree , they will submit their differences to the umpire . An itemized award in writing of any two will determine the amount of value and the amount of the loss or damage to such items . Each party will : 1 . Pay its chosen appraiser ; and 2. Bear the other expenses of the appraisal and umpire equally . This Company will not waive any of its rights by any act relating to appraisal . If there is an appraisal , this Company retains its right to deny the claim . OBSP BR 002 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 2 of 3 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY J . MISREPRESENTATION AND FRAUD This Policy is void in any case of fraud by the Insured as it relates to this insurance at any time. This entire Policy is also void if, at any time , the Insured intentionally conceals or misrepresents any material fact or circumstance concerning this insurance . K. NO BENEFIT TO BAILEE No person or organization , other than the Insured , having custody of property insured under this Policy will benefit from this insurance . L . OTHER INSURANCE If there is other insurance covering the same loss or damage , this Company will pay only for the amount of covered loss or damage in excess of the amount due from that other insurance , whether the Insured can collect on it or not. M . PAYMENT OF LOSS This Company will pay for covered loss or damage within 60 days after we receive the sworn proof of loss , if the Insured has complied with all of the terms of this Policy , and : 1 . This Company has reached agreement with the Insured on the amount of loss ; or 2. An appraisal award has been made . Bankruptcy or insolvency of the Insured will not relieve this Company of any of its obligations under this Policy . However, no loss will be paid under this Policy if the Insured has collected the amount of the loss or damage from others . N . PRIVILEGE TO ADJUST WITH OWNER This Company may adjust losses with the owners of lost or damaged property if other than the Insured . If we pay the owners , such payments will satisfy the Insured 's claims against us for the owners ' property . This Company will not pay the owners more than their financial interest in the property covered under this Policy . This Company may elect to defend the Insured against suits arising from claims of owners of property . We will do this at our expense . No action of this Company in such regard will increase the amount of insurance due under this Policy . O . SALVAGE OR RECOVERIES When , in connection with any loss under this Policy , any salvage or recovery is received after loss settlement, the loss will be calculated on the basis on which it would have been settled had the amount of salvage or recovery been known at the time the loss was originally determined . Any amounts thus found to be due either party from the other will be paid promptly . The expense of all proceedings necessary to such recoveries will be apportioned between the interests concerned in the ratio of their respective recoveries as finally settled . If there should be no recovery and proceedings are conducted solely by this Company , this Company will pay such expenses . P. TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US If any person or organization to or for whom this Company makes payment under this Policy has rights to recover damages from another, those rights are transferred to this Company to the extent of our payment. That person or organization must do everything necessary to secure this Company's rights and must do nothing after loss to impair them . But the Insured may waive its rights against another party in writing : 1 . Prior to a loss covered under this Policy . 2. After a loss covered under this Policy only if , at time of loss , that party is one of the following : a. Someone insured by this Policy ; b . A business firm : (1 ) Owned or controlled by the Insured ; or (2) That owns or controls the Insured ; or c. The Insured 's tenant. This will not restrict insurance under this Policy . OBSP BR 002 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 3 of 3 Copyright 2017 , OneBeacon Insurance Group LLC EXCESS PHYSICAL DAMAGE FORM 1 . INSURING AGREEMENT Subject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured named in the Schedule herein in respect of direct physical loss or damage to the property described in the Schedule , while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any of such perils as are set forth in the Schedule and which are also covered by and defined in the Policy( ies) specified in the Schedule and issued by the " Primary Insurer(s) " stated therein . 2 . APPLICATION OF UNDERLYING PROVISIONS In respect of the perils hereby insured against this Policy is subject to the same warranties , terms and conditions (except as regards the premium , the amount and Limits of Liability other than the deductible or self- insurance provision where applicable , and the renewal agreement, if any , AND EXCEPT AS OTHERWISE PROVIDED HEREIN ) as are contained in or as may be added to the Policy( ies) of the Primary Insurer(s) prior to the happening of a loss for which claim is made hereunder and should any alteration be made in the premium for the Policy( ies) of the Primary Insurer(s) , then the premium hereon may be adjusted accordingly . 3 . LIMITS OF LIABILITY Provided always that liability attaches to the Insurer(s) only after the Primary and Underlying Excess Insurer(s) have paid or have admitted liability for the full amount of their respective liability as set forth in the Schedule and designated " Primary and Underlying Excess Limit(s) " and then the limits of the Insurer(s) liability shall be those set forth in the Schedule under the designation " Underlying Excess Limit(s) " and the Insurer(s) shall be liable to pay up to the full amount of such " Underlying Excess Limit(s) " . 4 . MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY( IES) AND LIMITS It is a condition precedent to recovery under this Policy that the Policy( ies) and Limit(s) of the Primary and Underlying Excess Insurer(s) set forth in the Schedule be maintained in full force and effect, except for any reduction or exhaustion of any underlying aggregate Limits of Liability contained therein , solely by the amount of loss (es) paid or admitted during the policy term . There is no recovery under this excess policy as respects those coverages which are sublimited within the primary and/or underlying excess policy( ies) to amounts less than the amount indicated in the Schedule , however, the Insurer(s) to this excess policy recognize that the primary and underlying excess policy limits can be eroded or exhausted , wholly or partially , by application of said sublimits . 5 . DROP DOWN CLAUSE In the event of such reduction of the aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy shall pay excess over the reduced aggregate limit . In the event of exhaustion of aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy , subject to all its provisions , shall continue in force as Primary Insurance in respect to perils covered by this policy for which the aggregate Limit of Liability has been so exhausted and the deductible or self- insured amount applicable to that peril , as set forth in the Schedule , shall apply to this Policy . v. EFF 081817 I 1 EXCESS PHYSICAL DAMAGE FORM 6 . APPLICATION OF RECOVERIES All salvages , recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Insurer(s) , provided always that nothing in this Policy shall be construed to mean that losses under this Policy are not recoverable until the Insured 's ultimate net loss has been finally ascertained . 7 . NOTIFICATION OF CLAIMS The Insured upon knowledge of any occurrence likely to give rise to a claim hereunder shall give immediate written notice thereof to the person (s) or firm named for the purpose in the Schedule . 8 . PRIORITY OF PAYMENT Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Insured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers (s) to include loss from the specifically excluded peril in the excess layer(s) itself . 9 . UNCOLLECTIBILITY OF OTHER INSURANCE Notwithstanding any of the terms of this Policy that might be construed otherwise , the insurance provided by this Policy shall always be excess over the maximum monetary limits set forth in Item 10 and/or 11 of The Schedule ( reduced only by reduction of any underlying aggregate limits as provided for in Clause 4 herein) 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(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Insurer(s) . In the event of the bankruptcy or insolvency , or other financial impairment , of any underlying insurer, this policy shall not be liable for the obligations of the underlying policy . This policy shall apply as if the underlying insurance were valid and collectible . This insurance shall not replace the underlying insurance . v . EFF 081817 I 2 EXCESS PHYSICAL DAMAGE FORM THE SCHEDULE 1 . Insurer : Homeland Insurance Company of New York 2 . Policy Number : 795017310 3 Named Insured : Colorado Counties Casualty and Property Pool 4 . Mailing Address : c/o CTSI 800 Grant Street , Suite 400 Denver , CO 80203 5 . Policy Period : From : January 1 , 2022 To : January 1 , 2023 Both days at 12 : 01 am local standard time 6 . Perils Insured : As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 7 . The Property or Interest : As defined in primary policy issued by Lloyd' s of London policy number PW0330022 8 . The Property Located or Contained As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 9 . Premium : $60 , 500 10 . Policy Limit : $ 100 , 000 , 000 per occurrence v . EFF 081817 I 3 EXCESS PHYSICAL DAMAGE FORM 11 Primary Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR PRIMARY INSURER POLICY NO. PARTICIPATION I $10,000,000 Primary a) $3, 000, 000 Underwriters at Lloyd's, London 30% PW0330022 b) $2,000 ,000 Westchester Surplus Lines 20% D38095432005 c) $2,000 ,000 Starr Surplus Lines Ins. Company 20% SLSTPTY11557422 d) $1 ,500 ,000 Underwriters at Lloyd's, London 15% PW0330122 e) $1 , 500, 000 Allied World Assurance Company 15% 031216751A II . $15,000,000 Excess $10,000,000 a) $4, 500, 000 Underwriters at Lloyd's, London 30% PW0330022 b) $3, 000, 000 Westchester Surplus Lines 20% D380954320045 c) $3, 000, 000 Starr Surplus Lines Ins. Company 20% SLSTPTY11557422 d) $4, 500, 000 Evanston Insurance Company 30% MKLV2XPR000583 v. EFF 081817 I 4 EXCESS PHYSICAL DAMAGE FORM 12 . Underlying Excess Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR EXCESS INSURER POLICY NO. PARTICIPATION I I I. $25,000,000 Excess $25,000,000 a) $10 ,000 ,000 Fidelis Underwriting Limited 40% NOGW48568022 b) $ 3, 750, 000 Aspen Specialty Insurance Company 15% PX00K6222 c) $2, 500, 000 Lexington Insurance Company 10% 0006893563 d) $2,500 ,000 Palms Insurance Company Limited 10% PLM0006600 e) $3,750 ,000 StarStone Specialty Insurance Company 15% H85052210CSP f) $2,500 ,000 Westfield Specialty Insurance Company 10% XAR00002ND IV. $50,000,000 Excess $50,000,000 a) $15,000 ,000 RSUI Indemnity Company 30% NHD921815 D921815 b) $12,500 ,000 Homeland Insurance Company of New York 25% 795017310 c) $12,500 ,000 Mitsui Sumitomo Insurance Co. of America 25% EXP70000992 d) $10,000 ,000 First Specialty Insurance Corporation 20% ESP200539000 v. EFF 081817 I 5 EXCESS PHYSICAL DAMAGE FORM 13 . Total Limits [including " Primary" and " Excess"] subject to annual aggregates [per layers and participation 's as outlined in items 11 - 12 above] : $50,000,000 except $5,000,000 for Flood Zone A anyone policy year in respect of the peril of Flood $50,000,000 any one policy year in respect of the peril of Earthquake 14 . Notification of Claims to : commercialloss@onebeacon . com 877-248-3455 v . EFF 081817 I 6 POLICY NUMBER : 795-01 -73- 10-0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05/23/2022 EFFECTIVE DATE : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY. SERVICE OF SUIT All coverages in this policy are subject to the following condition . Service of Suit 1 . We designate and authorize the following person as our agent for service of process by certified mail , return receipt requested , for any proceeding instituted by or on behalf of the insured , or any beneficiary under this policy , and arising out of this policy of insurance made : General Counsel OneBeacon Insurance Group — Legal Department 605 North Highway 169 Suite 800 Plymouth , MN 55441 2. If required by applicable statute , we also designate the Superintendent , Commissioner or Director of Insurance , or other officer or individual specified in the law of the jurisdiction in which this policy is issued , to receive on our behalf service of process for any proceeding instituted by or on behalf of the insured , or any beneficiary under this policy , and arising out of this policy of insurance . We authorize the Superintendent , Commissioner, Director or other officer or individual upon whom service is made to mail a copy of the process to the person identified in Paragraph 1 . above . 3. In Rhode Island , we also designate and authorize the following person as our agent for service of process for any proceeding instituted by or on behalf of the insured , or any beneficiary under this policy, and arising out of this policy of insurance : Sherry A. Goldin 10 Weybosset Street Providence , Rhode Island 02903 4. In Oregon , service of process for any proceeding instituted by or on behalf of the insured , or any beneficiary under this policy , and arising out of this policy of insurance may be made upon the insurance producer in the courts for the county where the insurance producer who registered or delivered the policy resides or transacts business . 5. By agreeing to the service of process provisions above , we do not waive our right to commence an action in any court of competent jurisdiction in the United States , remove an action to a United States District Court or seek a transfer of a case to another court as permitted by the laws of the United States or of any state within the United States . As used above , the word " insured" means any person or organization qualifying as an insured under the policy , and the words "we , " "us" and "our" refer to the company providing this insurance . OB IL 001 10 15 Copyright 2015 , OneBeacon Insurance Group LLC Page 1 of 1 COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795-01 -73- 10-0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05/23/2022 EFFECTIVE DATE : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . ELECTRONIC DATA AND CYBER VANDALISM EXCLUSION A. The following limitation is added to this Policy and replaces any provision to the contrary : In no event will this Company indemnify any Insured for loss of or damage ( including any resulting time element loss , such as business income loss , incurred extra expense or loss of rents) to electronic data. Loss of or damage to electronic data includes the destruction , distortion , erasure , corruption or alteration of electronic data. For purposes of this limitation , electronic data means : Information , facts or computer programs stored as or on , created or used on , or transmitted to or from computer software ( including systems and applications software) , on hard or floppy disks , CD- ROMS , tapes , drives , cells , data processing devices or any other repositories of computer software which are used with electronically controlled equipment . The term computer programs here means a set of related electronic instructions which direct the operations and functions of a computer or device connected to it, which enable the computer or device to receive , process , store , retrieve or send data. This does not apply to prepackaged software held in storage or for sale , if any . B . The following exclusion is added to this Policy and replaces any provision to the contrary : Cyber Vandalism This Policy does not insure against loss or damage caused directly or indirectly by or resulting from any attack, including a denial of service attack, on a web site , computer system or network system that successfully corrupts , damages , destroys , deletes or impairs any part of the web site , computer system or network system or disrupts normal operation of the web site , computer system or network system , regardless of whether the attack was the result of an action intentional or not : 1 . By any employee , including a temporary or leased employee , partner, director, trustee or authorized representative ; 2. By an entity retained by you or for you to inspect, design , install , maintain , repair or replace any such web site , computer system or network system ; 3. By any person or entity not authorized to access any such web site , computer system or network system ; or 4. By a computer, regardless of whether it was authorized to access any such web site , computer system or network system . For purposes of this exclusion , a denial of service attack means any attack designed to overload a web site , a computer system or network to which the computer system is connected with useless traffic which denies or limits email or web site usage . Except as otherwise specifically stated , this exclusion applies to and limits or bars coverage under this Policy for loss or damage that may be covered by the underlying insurance . Such loss or damage is excluded regardless of any other peril , cause or event contributing concurrently or in any sequence to the loss . Such loss or damage is also excluded regardless of whether the event is caused by an act of nature or is otherwise caused , occurred suddenly or gradually , involved isolated or widespread damage , or occurred as a result of any combination of perils , causes or events . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED OBSP BR 202 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 1 of 1 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795 - 01 - 73 - 10 - 0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05 / 23 / 2022 EFFECTIVE DATE : 01 / 01 / 2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . FUNGUS , WET ROT , DRY ROT , VIRUS AND BACTERIA EXCLUSION The following exclusion is added to this Policy and replaces any provision to the contrary : Fungus, Wet Rot, Dry Rot, Virus and Bacteria This Policy does not insure against loss or damage caused directly or indirectly by or resulting from the actual or threatened existence , growth , presence , proliferation , spread , release , transmission , migration , dispersal or any activity of fungus , wet rot, dry rot, virus or bacteria. This Policy does not cover the costs or expenses of removal , disposal , decontamination or replacement of property which has been contaminated by fungus , wet, rot, dry rot, virus or bacteria. For purposes of this exclusion , fungus means any type or form of mold , spore or fungus , including mold or mildew, and any mycotoxins , spores , scents or by-products produced or released by fungi . Except as otherwise specifically stated , this exclusion applies to and limits or bars coverage under this Policy for loss or damage that may be covered by the underlying insurance . Such loss or damage is excluded regardless of any other peril , cause or event contributing concurrently or in any sequence to the loss . Such loss or damage is also excluded regardless of whether the event is caused by an act of nature or is otherwise caused , occurred suddenly or gradually , involved isolated or widespread damage , or occurred as a result of any combination of perils , causes or events . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED OBSP BR 204 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 1 of 1 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795 - 01 - 73 - 10 - 0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05 / 23 / 2022 EFFECTIVE DATE : 01 / 01 / 2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . NUCLEAR , CHEMICAL AND BIOLOGICAL EXCLUSION The following exclusion is added to this Policy and replaces any provision to the contrary : Nuclear, Chemical and Biological Exclusion This Policy does not insure against loss or damage caused directly or indirectly by or resulting from : 1 . Controlled or uncontrolled nuclear detonation , nuclear reaction , nuclear radiation or radioactive contamination , however caused . This includes the release , dispersal or application of radioactive material , or the use of a nuclear weapon or device that involves a nuclear detonation , nuclear reaction , nuclear radiation or radioactive contamination ; or 2. Controlled or uncontrolled application , discharge , dispersal , escape , migration or release of , or exposure to , chemical or biological materials or agents , however caused . Except as otherwise specifically stated , this exclusion applies to and limits or bars coverage under this Policy for loss or damage that may be covered by the underlying insurance . Such loss or damage is excluded regardless of any other peril , cause or event contributing concurrently or in any sequence to the loss . Such loss or damage is also excluded regardless of whether the event is caused by an act of nature or is otherwise caused , occurred suddenly or gradually , involved isolated or widespread damage , or occurred as a result of any combination of perils , causes or events . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED OBSP BR 205 09 17 Contains copyrighted material of Insurance Services Office, Inc. with its permission Page 1 of 1 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795-01 -73- 10-0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05/23/2022 EFFECTIVE DATE : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . CONTAMINANTS AND POLLUTANTS EXCLUSION A. The following exclusion is added to this Policy and replaces any provision to the contrary : Contaminants and Pollutants Exclusion This Policy does not insure against loss or damage caused directly or indirectly by or resulting from the actual , alleged , or threatened release , discharge , dispersal , seepage , migration , release or escape of toxic or hazardous substances , contaminants or pollutants at any time regardless of whether sudden or accidental , all whether direct or indirect, proximate or remote , or in whole or in part caused by contributed to or aggravated by any physical damage insured by this Policy . For purposes of this exclusion , pollutants means any solid , liquid , gaseous or thermal irritant or contaminant, including smoke , vapor, soot, fumes , acids , alkalis , chemicals , and waste . Waste includes materials to be recycled , reconditioned or reclaimed . Except as otherwise specifically stated , this exclusion applies to and limits or bars coverage under this Policy for loss or damage that may be covered by the underlying insurance . Such loss or damage is excluded regardless of any other peril , cause or event contributing concurrently or in any sequence to the loss . Such loss or damage is also excluded regardless of whether the event is caused by an act of nature or is otherwise caused , occurred suddenly or gradually, involved isolated or widespread damage , or occurred as a result of any combination of perils , causes or events . B . In addition , this Policy does not provide coverage for any of the following ( including any resulting time element loss , such as business income loss , incurred extra expense or loss of rents) : 1 . Asbestos removal , unless the asbestos is itself damaged by fire , lightning , explosion , windstorm or hail , smoke , aircraft or vehicle impact , riot or civil commotion , vandalism , malicious mischief or leakage or accidental discharge from an automatic fire protective system . In no event will this Company indemnify any Insured for the removal of asbestos from land , water or locations other than the locations insured under this Policy . 2. Demolition or increased cost of reconstruction , repair or debris removal necessitated by the enforcement of any law or ordinance regulating asbestos removal . 3. Any governmental direction or request declaring that asbestos present in or part of or utilized on any undamaged portion of the Insured 's property can no longer be used for which it was intended or installed and must be removed or modified . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED OBSP BR 207 09 17 Contains copyrighted material of Insurance Services Office, Inc. with its permission Page 1 of 1 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795-01 -73- 10-0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05/23/2022 EFFECTIVE DATE : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . EQUIPMENT BREAKDOWN EXCLUSIONS The following exclusions are added to this Policy and replace any provisions to the contrary : Boilers, Turbines and Engines This Policy does not insure against loss or damage caused directly or indirectly by or resulting from explosion , rupture , bursting , cracking , burning or bulging of steam boilers , steam turbines , gas turbines and steam engines nor for rupture , bursting , cracking , burning or bulging of pressure vessels or piping or apparatus attached to any of the foregoing while all such property is owned , leased , operated or controlled by the Insured or under its obligation to insure (except loss or damage caused by or resulting from the explosion of gases or fuel within the furnace of any fired vessel or within the flues or passages through which the gases of combustion pass) . Electrical , Magnetic or Electromagnetic Energy This Policy does not insure against loss or damage caused directly or indirectly by or resulting from artificially generated electrical , magnetic or electromagnetic energy that damages , disturbs , disrupts or otherwise interferes with any : 1 . Electrical or electronic wire , device , appliance , system or network ; or 2. Device , appliance , system or network utilizing cellular or satellite technology . For the purpose of this exclusion , electrical , magnetic or electromagnetic energy includes : a. Electrical current, including arcing ; b. Electrical charge produced or conducted by a magnetic or electromagnetic field ; c. Pulse of electromagnetic energy ; or d . Electromagnetic waves or microwaves . Mechanical Breakdown This Policy does not insure against loss or damage caused directly or indirectly by or resulting from mechanical breakdown , including rupture or bursting caused by centrifugal force . Except as otherwise specifically stated , the above exclusions apply to and limit or bar coverage under this Policy for loss or damage that may be covered by the underlying insurance . Such loss or damage is excluded regardless of any other peril , cause or event contributing concurrently or in any sequence to the loss . Such loss or damage is also excluded regardless of whether the event is caused by an act of nature or is otherwise caused , occurred suddenly or gradually , involved isolated or widespread damage , or occurred as a result of any combination of perils , causes or events . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED OBSP BR 212 01 19 Contains copyrighted material of Insurance Services Office , Inc. with its permission . Page 1 of 1 Copyright 2019 , OneBeacon Insurance Group LLC IL P 001 01 04 U . S . TREASURY DEPARTMENT ' S OFFICE OF FOREIGN ASSETS CONTROL ( " OFAC " ) ADVISORY NOTICE TO POLICYHOLDERS No coverage is provided by this Policyholder Notice nor can it be construed to replace any provisions of your policy. You should read your policy and review your Declarations page for complete information on the coverages you are provided . This Notice provides information concerning possible impact on your insurance coverage due to directives issued by OFAC . Please read this Notice carefully. The Office of Foreign Assets Control (OFAC) administers and enforces sanctions policy , based on Presidential declarations of " national emergency" . OFAC has identified and listed numerous : • Foreign agents ; • Front organizations ; • Terrorists ; • Terrorist organizations ; and • Narcotics traffickers ; as "Specially Designated Nationals and Blocked Persons" . This list can be located on the United States Treas- ury's web site — http//www.treas . gov/ofac. In accordance with OFAC regulations , if it is determined that you or any other insured , or any person or entity claiming the benefits of this insurance has violated U . S . sanctions law or is a Specially Designated National and Blocked Person , as identified by OFAC , this insurance will be considered a blocked or frozen contract and all provisions of this insurance are immediately subject to OFAC . When an insurance policy is considered to be such a blocked or frozen contract , no payments nor premium refunds may be made without authorization from OFAC . Other limitations on the premiums and payments also apply . IL P 001 01 04 © ISO Properties, Inc . , 2004 Page 1 of 1 Insured Name : Colorado Counties Casualty and Property Pool Policy Number : 795017310 POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE As we previously notified you , as required by the Terrorism Risk Insurance Act (the Act) , as amended , you were offered the opportunity to purchase insurance coverage for losses resulting from acts of terrorism . 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 . YOU SHOULD KNOW THAT WHERE COVERAGE IS PROVIDED BY THIS POLICY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM , SUCH LOSSES MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER , YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE , SUCH AS AN EXCLUSION FOR NUCLEAR EVENTS . UNDER THE FORMULA, THE UNITED STATES GOVERNMENT GENERALLY REIMBURSES 80% , BEGINNING ON JANUARY 1 , 2020 , OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE . THE PREMIUM TO BE CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS THAT MAY BE COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT . YOU SHOULD ALSO KNOW THAT 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 IN ANY ONE CALENDAR YEAR EXCEEDS $ 100 BILLION . IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED $ 100 BILLION , YOUR COVERAGE MAY BE REDUCED . You rejected the offer of terrorism coverage you received as part of your policy quote and you have no coverage for losses resulting from an act of terrorism as defined in the Act . The premium required for your terrorism coverage would have been $ 6 , 050 If your policy includes Property coverage in one or more of these states : CA, GA, HI , IA, IL, MA, ME, MO , NC, NJ , NY, OR, RI , WA, WI , or WV; the following statement applies : The terrorism exclusion makes an exception for (and thereby continues your coverage for) property fire losses resulting from an act of terrorism . Therefore , even though you rejected the offer of terrorism coverage , that rejection does not apply to fire losses resulting from an act of terrorism - the coverage in your policy for such fire losses will continue . If such a loss occurs , and is certified under the Act, the loss will be reimbursed by the United States Government under the formula detailed above . The portion of your policy premium attributable to terrorism (fire only) coverage in all of the states listed above , in which your policy provides Property coverage , is $ . This amount is included in your policy premium and cannot be rejected . If your policy includes Inland Marine coverage in one or more of these states : CA, ME, MO , OR or WI ; the following statement applies : PHN 002 IL 12 20 Contains copyrighted material of National Association of Insurance Commissioners Page 1 of 2 with its permission . The terrorism exclusion makes an exception for (and thereby continues your coverage for) direct property damage fire losses resulting from an act of terrorism . Therefore , even though you rejected the offer of terrorism coverage , that rejection does not apply to direct property damage fire losses resulting from an act of terrorism - the coverage in your policy for such fire losses will continue . If such a loss occurs , and is certified under the Act, the loss will be reimbursed by the United States Government under the formula detailed above . The portion of your policy premium attributable to coverage for direct property damage from fire resulting from terrorism in all of the states listed above , in which your policy provides Inland Marine coverage , is $ . This amount is included in your policy premium and cannot be rejected . You need to take no action with respect to this notice . You will receive a bill for your policy premium which will include the amount required for your coverage for fire losses resulting from an act of terrorism , if applicable . If you have any questions about this notice , please contact your agent. PHN 002 IL 12 20 Contains copyrighted material of National Association of Insurance Commissioners Page 2 of 2 with its permission . COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795-01 -73- 10-0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05/23/2022 EFFECTIVE DATE : 01 /01 /2022 THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY . EXCLUSION OF CERTIFIED ACTS OF TERRORISM SCHEDULE The Exception Covering Certain Fire Losses ( Paragraph C. ) applies to property located in the following state (s) , if covered under the indicated Coverage Form , Coverage Part or Policy : State(s) Coverage Form , Coverage Part Or Policy CA, CT, GA, HI , IA , IL , MA, ME, MO , NC, NJ , NY, Property Coverage OR, RI , VA, WA, WI , WV Information required to complete this Schedule , if not shown above , will be shown in the Declarations . A. The following definition is added with respect to the provisions of this endorsement : "Certified act of terrorism " means an act that is certified by the Secretary of the Treasury , in accordance with the provisions of the federal Terrorism Risk Insurance Act , to be an act of terrorism pursuant to such Act . The criteria contained in the Terrorism Risk Insurance Act for a "certified act of terrorism " include the following : 1 . The act resulted in insured losses in excess of $5 million in the aggregate , attributable to all types of insurance subject to the Terrorism Risk Insurance Act ; and 2. The act is a violent act or an act that is dangerous to human life , property or infrastructure and is 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 . B . The following exclusion is added this Policy and replaces any provision to the contrary : Certified Act of Terrorism Exclusion This Company will not pay for loss or damage caused directly or indirectly by a "certified act of terrorism " . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . C. Exception Covering Certain Fire Losses The following exception to the exclusion in Paragraph B . applies only if indicated and as indicated in the Schedule of this endorsement . If a "certified act of terrorism " results in fire , this Company will pay for the loss or damage caused by that fire . Such coverage for fire applies only to direct loss or damage by fire to property covered under this Policy . Therefore , for example , the coverage does not apply to Business Income or Extra Expense insurance coverage provided under this Policy , if any . OBSP BR 219 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 1 of 2 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY POLICY NUMBER : 795-01 -73- 10-0000 NAMED INSURED : Colorado Counties Casualty and Property Pool ISSUE DATE : 05/23/2022 EFFECTIVE DATE : 01 /01 /2022 If aggregate insured losses attributable to terrorist acts certified under the Terrorism Risk Insurance Act exceed $ 100 billion in a calendar year and this Company has met our insurer deductible under the Terrorism Risk Insurance Act , this Company will not be liable for the payment of any portion of the amount of such losses that exceeds $ 100 billion , and 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 . D. Application Of Other Exclusions The terms and limitations of any terrorism exclusion , or the inapplicability or omission of a terrorism exclusion , do not serve to create coverage for any loss which would otherwise be excluded under this Policy . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED OBSP BR 219 09 17 Contains copyrighted material of Insurance Services Office , Inc. with its permission Page 2 of 2 Copyright 2017 , OneBeacon Insurance Group LLC COMMERCIAL EXCESS PROPERTY One Beacon SPECIALTY PROPERTY CLAIMS REPORTING OPTIONS Phone : Call our 24- hour claim service center : 877 .248 .3455 Email : Email us at claims@onebeacon . com On-line : Use our web-based claim reporting at www. onebeacon .com Fax : Fax us at 866 . 213 . 2802 Contact your OneBeacon agent or broker PHN 049 OBSP 04 16 Copyright 2016, OneBeacon Insurance Group LLC Page 1 of 1 A Member of .r4arwrimmi : MSIG +� f 4 t Mn A g 7 [ w( *� U Rr�.�j�.l, N � E ».�. �.,e«(� O P -....te xt �'....�....�.a...:::::' + '_' :'.. ..; Policy Number EXP7000992 COMMON POLICY DECLARATIONS Insurance is afforded by the company indicated below: X MITSUI SUMITOMO INSURANCE COMPANY OF AMERICA MITSUI SUMITOMO INSURANCE USA INC. 1 (each of the above being a capital stock corporation) Item 1 . Named Insured and Mailing Address Agent Name and Address _ COLORADO COUNTIES CASUALTY AND CRC INSURANCE SERVICES PROPERTY POOL 1 YETROPLEX DRIVE SUITE 400 800 GRANT STREET 3IlYINGHAY AL 35209 SUITE 400 DENVER CO 8C203 Agent No . 009727 0 Item2. Policy Period From : C1 - 01 - 2022 To : 01 - 01 - 2023 at 12 :01 A.M ., Standard Time at your mailing address shown above. Item 3. Business Description : Form of Busi ness : YUN I C I PAL I T Y [ Item 4. In return for the payment of the premium , and subject to all the terms of this policy, we agree with you to provide the insurance as stated in this policy. This policy consists of the following coverage parts for which a premium is indicated . Where no premium is shown , there is no coverage . This premium may be subject to adjustment . Coverage Part(s) Premium r Commercial Property Coverage Part NOT COVERED Commercial General Liability Coverage Part NOT COVE - ED Commercial Crime and Fidelity Coverage Part NOT COVERED Commercial Inland Marine Coverage Part NOT COVERED Commercial Auto (Business or Truckers) Coverage Part NOT COVERED Commercial Garage Coverage Part NOT COVERED Commercial Output Coverage Part (AAIS) NOT COVERED COYYERCIAL EXCESS PROPERTY $ 51 , 000 . 00 Total Policy Premium $ 51 , 0 C C . 0C Item 5. Forms and Endorsements Form (s) and Endorsement (s) made a part of this policy at time of issue : See Schedule of Forms and Endorsements Countersigned : Date: By : THIS COMMON POLICY DECLARATION AND THE SUPPLEMENTAL DECLARATION(S), TOGETHER WITH THE COMMON POLICY CONDITIONS COVERAGE PART(S), COVERAGE FORM(S) AND FORMS AND ENDORSEMENTS, IF ANY, COMPLETE THE ABOVE NUMBERED POLICY. MS 0001 0913 Page 1 of 1 INSURED COPY A Member of 'IS &A►D INSURANCE GROUP • MSIG I G Policy Number EXP7000992 POLICY INFORMATION PAGE MITSUI SUMITOMO INSURANCE COMPANY OF AMERICA (A New York Stock Company) MITSUI SUMITOMO INSURANCE USA INC . (A New York Stock Company) Home Office : 560 Lexington Avenue , 20th Floor New York , New York 10022 (212 ) 446-3600 Administrative Offices : 15 Independence Boulevard Warren , New Jersey 07059 (800 ) 388- 1802 and 312 Elm Street , Suite 1100 Cincinnati , Ohio 45202 (877 ) 679-4032 Policyholders may use the telephone numbers shown above for any purpose . IN WITNESS WHEREOF , the Company has caused this policy to be executed and attested , but this policy shall not be valid unless countersigned by a duly authorized representative of the Company . 44-714LI Kurao Onouchi Stephen P . Tasy President Secretary MITSUI SUMITOMO INSURANCE COMPANY OF AMERICA MITSUI SUMITOMO INSURANCE USA INC . MS 0002 09 13 Page 1 of 1 © 2011 Mitsui Sumitomo Insurance Group , all rights reserved INSURED COPY r Policy Number EXP7000992 SCHEDULE OF FORMS AND ENDORSEMENTS Named Insured COLORADO COUNTIES CASUALTY AND Effective Date: 01 - 01 - 22 PROPERTY POOL 12:01 A. M. , Standard Time Agent Name CRC INSURANCE SERVICES Agent No. 0097270 a COMMON POLICY FORMS AND ENDORSEMENTS MS 0612 01 - 15 DISC NOTIC TRIA 2002 AS AMEND REJ OF COV MS 0001 09 - 13 COMMON POLICY DECLARATIONS MS 0002 09 - 13 POLICY INFORMATION PAGE MS 0101 01 - 02 SCHEDULE OF FORMS AND ENDORSEMENTS MAN - CO 01 - 02 GENERAL MANUSCRIPT ENDORSEMENT IL 09 53 01 - 15 EXCL / CERT ACTS - TERROR ; COV / FIRE LOSSES MS 0504 10 - 04 EXCLUSION - US ECONOMIC OR TRADE SANCTIONS MS 0810 04 - 04 CONFORMANCE WITH LAW / SEVERABILITY MS 5509 02 - 16 EXCLUSION - FOREIGN TERRORISM COMMERCIAL EXCESS PROPERTY FORMS AND ENDORSEMENTS LMA5401 11 - 19 PROPERTY CYBER AND DATA EXCLUSION MS 7494 01 - 22 OCCURRENCE LIMIT OF LIABILITY MS 79501 01 - 22 COLORADO COUNTIES CASUALTY AND PROPERTY MS5533 04 - 20 VIRUS & BACTERIA EXCLUSION ( MANUSCRIPT P MS 0101 (01 / 02) INSURED COPY Policy Number EXP7000992 MANUSCRIPT ENDORSEMENT MITSUI SUMITOMO INSURANCE COMPANY OF AMERICA Named Insured COLORADO COUNTIES CASUALTY AND Effective Date : 01 - 01 - 2022 12: 01 A. M . , Standard Time Agent Name CRC INSURANCE SERVICES Agent No . 0097270 GENERAL MANUSCRIPT ENDORSEMENT IT IS HERESY UNDERSTOOD AND AGREED THAT THE FOLLOWING SHALL 3E AMENDED TO THE POLICY : MSIG NEEDS TO MODEL AND UNDERWRITE ANY NEW LOCATIONS PIERCING OUR ATTACHMENT PRIOR TO THEY 3EING ADDED TO THE POLICY . PER UNDERLYING POLICY FORM . MAN-CO (01 / 02) INSURED COPY POLICY NUMBER : EXP7000992 IL 09 53 01 15 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION OF CERTIFIED ACTS OF TERRORISM This endorsement modifies insurance provided under the following : BOILER AND MACHINERY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART CRIME AND FIDELITY COVERAGE PART EQUIPMENT BREAKDOWN COVERAGE PART FARM COVERAGE PART STANDARD PROPERTY POLICY SCHEDULE The Exception Covering Certain Fire Losses (Paragraph C ) applies to property located in the following state (s) , if covered under the indicated Coverage Form , Coverage Pad or Policy : State(s ) Coverage Form , Coverage Part Or Policy ANY STATE ( S ) LISTED ON THIS FIRE FOLLOWING ONLY . POLICY WHERE FISH FOLLOWING IS A ? PLICA3LE . Information required to complete this Schedule , if not shown above , will be shown in the Declarations . A . The following definition is added with respect to B . The following exclusion is added : the provisions of this endorsement : CERTIFIED ACT OF TERRORISM EXCLUSION "Certified act of terrorism" means an act that is We will not pay for loss or damage caused directly certified by the Secretary of the Treasury , in or indirectly by a "certified act of terrorism" . Such accordance with the provisions of the federal loss or damage is excluded regardless of any Terrorism Risk Insurance Act, to be an act of other cause or event that contributes concurrently terrorism pursuant to such Act. The criteria or in any sequence to the loss . contained in the Terrorism Risk Insurance Act for a "certified act of terrorism" include the following : C . Exception Covering Certain Fire Losses 1 . The act resulted in insured losses in excess of The following exception to the exclusion in $5 million in the aggregate , attributable to all Paragraph B . applies only if indicated and as types of insurance subject to the Terrorism indicated in the Schedule of this endorsement . Risk Insurance Act; and If a "certified act of terrorism" results in fire , we will 2 . The act is a violent act or an act that is pay for the loss or damage caused by that fire . dangerous to human life , property or Such coverage for fire applies only to direct loss or infrastructure and is committed by an individual damage by fire to Covered Property . Therefore , for or individuals as pad of an effort to coerce the example , the coverage does not apply to civilian population of the United States or to insurance provided under Business Income and/or influence the policy or affect the conduct of the Extra Expense coverage forms or endorsements United States Government by coercion . which apply to those forms , or to the Legal Liability Coverage Form or the Leasehold Interest Coverage Form . IL 09 53 01 15 © Insurance Services Office , Inc . , 2015 Page 1 of 2 INSURED COPY If aggregate insured losses attributable to terrorist D . Application Of Other Exclusions acts certified under the Terrorism Risk Insurance The terms and limitations of any terrorism Act exceed $ 100 billion in a calendar year and we exclusion , or the inapplicability or omission of a have met our insurer deductible under the terrorism exclusion , do not serve to create Terrorism Risk Insurance Act, we shall not be coverage for any loss which would otherwise be liable for the payment of any portion of the amount excluded under this Coverage Part or Policy , such of such losses that exceeds $ 100 billion , and in as losses excluded by the Nuclear Hazard such case insured losses up to that amount are Exclusion or the War And Military Action subject to pro rata allocation in accordance with Exclusion . procedures established by the Secretary of the Treasury . Page 2 of 2 © Insurance Services Office , Inc . , 2015 IL 09 53 01 15 INSURED COPY Mitsui Sumitomo Insurance Group THIS ENDORSEMENT CHANGES THE POLICY . PLEASE READ IT CAREFULLY. EXCLUSION - U . S . ECONOMIC OR TRADE SANCTIONS This endorsement modifies Insurance provided under the following : ABUSE OR MOLESTATION COVERAGE FORM BOILER AND MACHINERY COVERAGE PART CHURCH DIRECTORS AND OFFICERS COVERAGE FORM COMMERCIAL AUTOMOBILE COVERAGE PART COMMERCIAL BUSINESSOWNERS POLICY COMMERCIAL CRIME AND FIDELITY COVERAGE PART COMMERCIAL EXCESS LIABILITY POLICY COMMERCIAL GENERAL LIABILITY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART COMMERICAL OUTPUT COVERAGE PART (AAIS) COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL UMBRELLA EXCESS LIABILITY COVERAGE DWELLING PROPERTY EDUCATOR'S PROFESSIONAL LIABILITY INSURANCE POLICY EMPLOYEE BENEFITS LIABILITY COVERAGE FORM EXCLUDING FIDUCIARY LIABILITY EMPLOYEE BENEFIT PROGRAMS ERRORS AND OMISSIONS COVERAGE EMPLOYMENT-RELATED PRACTICES LIABILITY COVERAGE PART EQUIPMENT BREAKDOWN PROTECTION COVERAGE FORM FARM COVERAGE PART FINANCIAL INSTITUTIONS COMMERCIAL GENERAL LIABILITY COVERAGE PART FUNERAL DIRECTORS OR CEMETERY LIABILITY COVERAGE FORM JAPANESE NONPROFIT ORGANIZATION 'S DIRECTORS AND OFFICERS COVERAGE FORM JAPANESE TEMPLE DIRECTORS AND OFFICERS COVERAGE FORM PASTORAL PROFESSSIONAL LIABILITY INSURANCE COVERAGE FORM This insurance does not apply under any coverage part to "bodily injury ", "property damage" or loss in whole or in part : A. when the United States of America has imposed any trade or economic sanction or embargo prohibiting the insurance of such "bodily injury ", "property damage" or loss ; or B . occuring in any jurisdiction that is the subject of any trade or economic sanction or embargo imposed by the United States of America. All other terms and conditions remain unchanged . MS 0504 10 04 Page 1 of 1 INSURED COPY Mitsui Sumitomo Insurance Group THIS ENDORSEMENT CHANGES YOUR POLICY. PLEASE READ IT CAREFULLY. CONFORMANCE WITH LAW / SEVERABILITY This endorsement modifies insurance provided under the following : COMMERCIAL GENERAL LIABILITY COVERAGE PART COMMERCIAL EXCESS LIABILITY POLICY LIQUOR LIABILITY COVERAGE PART POLLUTION LIABILITY COVERAGE PART PRODUCTS / COMPLETED OPERATIONS LIABILITY COVERAGE PART OWNERS and CONTRACTORS PROTECTIVE LIABILITY COVERAGE PART RAILROAD PROTECTIVE LIABILITY COVERAGE PART EMPLOYMENT - RELATED PRACTICES LIABILITY COVERAGE PART PROFESSIONAL LIABILITY COVERAGE PART ABUSE OR MOLESTATION COVERAGE FORM CHURCH DIRECTORS AND OFFICERS COVERAGE FORM EMPLOYEE BENEFITS LIABILITY COVERAGE FORM EXCLUDING FIDUCIARY LIABILITY EMPLOYEE BENEFIT PROGRAMS ERRORS AND OMISSIONS COVERAGE FUNERAL DIRECTORS OR CEMETERY LIABILITY COVERAGE FORM JAPANESE NONPROFIT ORGANIZATION ' S DIRECTORS AND OFFICERS COVERAGE FORM JAPANESE TEMPLE DIRECTORS AND OFFICERS COVERAGE FORM PASTORAL PROFESSIONAL LIABILITY INSURANCE COVERAGE FORM FINANCIAL INSTITUTIONS COMMERCIAL GENERAL LIABILITY COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART COMMERCIAL INLAND MARINE COVERAGE PART BOILER AND MACHINERY COVERAGE PART COMMERCIAL PROPERTY - LEGAL LIABILITY COVERAGE FORM COMMERCIAL CRIME COVERAGE PART BUSINESS AUTO COVERAGE FORM BUSINESS AUTO PHYSICAL DAMAGE COVERAGE FORM GARAGE COVERAGE FORM TRUCKERS COVERAGE FORM It is agreed that the Policy is amended as follows : The following Clause is added : Conformance With Law/ Severability a. Any terms or conditions of the Policy which are in conflict with the applicable statutes , laws or regulations of the jurisdiction in which the Policy is delivered are amended to conform to such statutes , laws or regulations . b. If any provision of the Policy is invalid or unenforceable under any applicable statute , regulation or rule of law, then it will be enforced to the extent permissible and the enforceability of the other provisions of the Policy will not be affected . All other terms and conditions remain unchanged . MS 0810 04 04 Page 1 of 1 INSURED COPY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EXCLUSION - FOREIGN TERRORISM This endorsement modifies insurance provided under the following : COMMERCIAL CRIME COVERAGE FORM COMMERCIAL INLAND MARINE COVERAGE PART COMMERCIAL PROPERTY COVERAGE PART EQUIPMENT BREAKDOWN PROTECTION COVERAGE FORM COMMERCIAL OUTPUT PROGRAM A . The following exclusion is added : FOREIGN TERRORISM We will not pay for loss or damage caused directly or indirectly by "foreign terrorism " , including action in hindering or defending against an actual or expected incident of "foreign terrorism " . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss or damage . B . The following definition is added : " Foreign terrorism" means activities against persons , organizations or property of any nature committed outside of the United States of America and not subject to the Terrorism Risk Insurance Act of 2002 , as amended : 1 . That involve the following or preparation for the following : a . Use or threat of force or violence ; or b . Commission or threat of a dangerous act; or c . Commission or threat of an act that interferes with or disrupts an electronic , communication , information , or mechanical system ; and 2 . When one or both of the following applies : a . The effect is to intimidate or coerce a government or the civilian population or any segment thereof, or to disrupt any segment of the economy ; or b . It appears that the intent is to intimidate or coerce a government, or to further political , ideological , religious , social or economic objectives or to express (or express opposition to) a philosophy or ideology . All other terms and conditions remain unchanged . MS 5509 02 16 Page 1 of 1 © 2016 MSIG Holdings (Americas) , Inc. All rights reserved . ( Includes copyrighted material of Insurance Services Office , Inc. with its permission ) (Includes copyrighted material of American Association of Insurance Services, Inc. with its permission ) INSURED COPY PROPERTY CYBER AND DATA EXCLUSION 1 Notwithstanding any provision to the contrary within this Policy or any endorsement thereto this Policy excludes any : 1 . 1 Cyber Loss ; 1 . 2 loss , damage , liability, claim , cost, expense of whatsoever nature directly or indirectly caused by , contributed to by, resulting from , arising out of or in connection with any loss of use , reduction in functionality, repair, replacement , restoration or reproduction of any Data , including any amount pertaining to the value of such Data ; regardless of any other cause or event contributing concurrently or in any other sequence thereto . 2 In the event any portion of this endorsement is found to be invalid or unenforceable , the remainder shall remain in full force and effect . 3 This endorsement supersedes and , if in conflict with any other wording in the Policy or any endorsement thereto having a bearing on Cyber Loss or Data , replaces that wording . Definitions 4 Cyber Loss means any loss , damage , liability, claim , cost or expense of whatsoever nature directly or indirectly caused by , contributed to by, resulting from , arising out of or in connection with any Cyber Act or Cyber Incident including , but not limited to , any action taken in controlling, preventing , suppressing or remediating any Cyber Act or Cyber Incident . 5 Cyber Act means an unauthorised , malicious or criminal act or series of related unauthorised , malicious or criminal acts , regardless of time and place , or the threat or hoax thereof involving access to , processing of, use of or operation of any Computer System . 6 Cyber Incident means : 6 . 1 any error or omission or series of related errors or omissions involving access to , processing of, use of or operation of any Computer System ; or 6 . 2 any partial or total unavailability or failure or series of related partial or total unavailability or failures to access , process , use or operate any Computer System . 7 Computer System means : 7 . 1 any computer, hardware , software , communications system , electronic device (including , but not limited to , smart phone , laptop , tablet , wearable device ) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input , output , data storage device , networking equipment or back up facility, owned or operated by the Insured or any other party . 8 Data means information , facts , concepts , code or any other information of any kind that is recorded or transmitted in a form to be used , accessed , processed , transmitted or stored by a Computer System . LMA5401 11 November 2019 INSURED COPY OCCURRENCE LIMIT OF LIABILITY ENDORSEMENT It is agreed that the following special terms and conditions apply to this policy : 1 . The limit of liability or Amount of Insurance shown on the face of this policy , or endorsed on this policy, is the total limit of the Company' s liability applicable to each occurrence, as hereafter defined_ Notwithstanding any other terms and conditions of this policy to the contrary, in no event shall the liability of the Company exceed this limit or amount irrespective of the number of locations involved. The term "occurrence" shall mean, any one loss, disaster, casualty, or series of losses, disasters, or casualties, arising out of one event. When the term applies to loss or losses from the perils of tornado, cyclone, hurricane, windstorm, hail, flood, earthquake, volcanic eruption, riot, riot attending a strike, civil commotion, vandalism and malicious mischief, or terrorism one event shall be construed to be all losses arising during a continuous period of 72 hours. When filing proof of loss, the Insured may elect the moment at which the 72 hour period shall be deemed to have commenced, which may not be earlier than the time when the first loss to covered property occurs. 2 . The premium for this policy is based upon the statement of values provided to the Insurer(s) by or on behalf of the Insured and kept on file by the Insurer(s) . In the event of loss under the policy, the liability of the Insurer(s) shall be limited to the least of the following: a. ) The actual adjusted amount of loss, less applicable deductible(s); b . ) As respects each location insured by this Policy, one hundred( 100%) percent of the total combined stated values for all categories of covered property (e. g. building, contents) and other covered exposures (e. g. , business income, extra expense, rental loss) shown for that location on the latest statement of values or other documentation on file with the insurer. c. ) Any other Limit of Liability or Sublimit of Insurance or Amount of Insurance specifically stated in this policy to apply to any particular insured loss or coverage or location. MS 7494 0122 INSURED COPY 1 . INSURING AGREEMENT Subject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s ) agree to indemnify the Insured named in the Schedule herein in respect of direct physical loss or damage to the property described in the Schedule , while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any of such perils as are set forth in the Schedule and which are also covered by and defined in the Policy( ies) specified in the Schedule and issued by the " Primary Insurer(s )" stated therein . 2 . APPLICATION OF UNDERLYING PROVISIONS In respect of the perils hereby insured against this Policy is subject to the same warranties , terms and conditions (except as regards the premium , the amount and Limits of Liability other than the deductible or self- insurance provision where applicable , and the renewal agreement, if any, AND EXCEPT AS OTHERWISE PROVIDED HEREIN ) as are contained in or as may be added to the Policy(ies) of the Primary Insurer(s ) prior to the happening of a loss for which claim is made hereunder and should any alteration be made in the premium for the Policy(ies) of the Primary Insurer(s ) , then the premium hereon may be adjusted accordingly. 3 . LIMITS OF LIABILITY Provided always that liability attaches to the Insurer(s ) only after the Primary and Underlying Excess Insurer(s) have paid or have admitted liability for the full amount of their respective liability as set forth in the Schedule and designated " Primary and Underlying Excess Limit(s )" and then the limits of the Insurer(s) liability shall be those set forth in the Schedule under the designation " Underlying Excess Limit(s )" and the Insurer(s) shall be liable to pay up to the full amount of such " Underlying Excess Limit(s )" . 4 . MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY( IES ) AND LIMITS It is a condition precedent to recovery under this Policy that the Policy( ies ) and Limit(s) of the Primary and Underlying Excess Insurer(s ) set forth in the Schedule be maintained in full force and effect, except for any reduction or exhaustion of any underlying aggregate Limits of Liability contained therein , solely by the amount of loss (es ) paid or admitted during the policy term . There is no recovery under this excess policy as respects those coverages which are sublimited within the primary and/or underlying excess policy(ies) to amounts less than the amount indicated in the Schedule , however, the Insurer(s ) to this excess policy recognize that the primary and underlying excess policy limits can be eroded or exhausted , wholly or partially, by application of said sublimits . 5 . DROP DOWN CLAUSE In the event of such reduction of the aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy shall pay excess over the reduced aggregate limit. In the event of exhaustion of aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy, subject to all its provisions , shall continue in force as Primary Insurance in respect to perils covered by this policy for which the aggregate Limit of Liability has been so exhausted and the deductible or self-insured amount applicable to that peril , as set forth in the Schedule , shall apply to this Policy . v . EFF 081817 1 1 MS 79501 01 22 INSURED COPY EXCESS PHYSICAL DAMAGE FORM 6 . APPLICATION OF RECOVERIES All salvages , recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Insurer(s ) , provided always that nothing in this Policy shall be construed to mean that losses under this Policy are not recoverable until the Insured 's ultimate net loss has been finally ascertained . 7 . NOTIFICATION OF CLAIMS The Insured upon knowledge of any occurrence likely to give rise to a claim hereunder shall give immediate written notice thereof to the person (s ) or firm named for the purpose in the Schedule . 8 . PRIORITY OF PAYMENT Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Insured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and /or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers(s ) to include loss from the specifically excluded peril in the excess layer(s ) itself. 9 . UNCOLLECTIBILITY OF OTHER INSURANCE Notwithstanding any of the terms of this Policy that might be construed otherwise , the insurance provided by this Policy shall always be excess over the maximum monetary limits set forth in Item 10 and/or 11 of The Schedule (reduced only by reduction of any underlying aggregate limits as provided for in Clause 4 herein ) 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(s ) . The risk of uncollectibility ( in whole or in part) of other insurance , whether because of financial impairment or insolvency of an underlying or other insurers ) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Insurer(s) . In the event of the bankruptcy or insolvency, or other financial impairment, of any underlying insurer, this policy shall not be liable for the obligations of the underlying policy. This policy shall apply as if the underlying insurance were valid and collectible . This insurance shall not replace the underlying insurance . v . EFF 081817 1 2 INSURED COPY EXCESS PHYSICAL DAMAGE FORM THE SCHEDULE 1 . Insurer: Mitsui Sumitomo Insurance Company of America 2 . Policy Number: EXP7000992 3 Named Insured : Colorado Counties Casualty and Property Pool 4 . Mailing Address : c/o CTSI 800 Grant Street, Suite 400 Denver, CO 80203 5 . Policy Period : From : January 1 , 2022 To : January 1 , 2023 Both days at 12 : 01 am local standard time 6 . Perils Insured : As defined in primary policy issued by Lloyd 's of London policy number PW0330022 7 . The Property or Interest : As defined in primary policy issued by Lloyd 's of London policy number PW0330022 8 . The Property Located or Contained As defined in primary policy issued by Lloyd 's of London policy number PW0330022 9 . Premium : $51 , 000 10 . Policy Limit : $ 100 , 000 , 000 per occurrence v . EFF 081817 1 3 INSURED COPY EXCESS PHYSICAL DAMAGE FORM 11 Primary Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR PRIMARY INSURER POLICY NO. PARTICIPATION $10,000,000 Primary a) $3,000,000 Underwriters at Lloyd's, London 30% PW0330022 b) $2,000,000 Westchester Surplus Lines 20% D38095432005 c) $2,000,000 Starr Surplus Lines Ins. Company 20% SLSTPTY11557422 d) $1 , 500,000 Underwriters at Lloyd's, London 15% PW0330122 e) $1 ,500,000 Allied World Assurance Company 15% 031216751A II. $15,000,000 Excess $10,000,000 a) $4,500,000 Underwriters at Lloyd's, London 30% PW0330022 b) $3,000,000 Westchester Surplus Lines 20% D380954320045 c) $3,000,000 Starr Surplus Lines Ins. Company 20% SLSTPTY11557422 d) $4,500,000 Evanston Insurance Company 30% MKLV2XPR000583 v. EFF F 081817 I 4 INSURED COPY EXCESS PHYSICAL DAMAGE FORM 12 . Underlying Excess Limit(s ) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR EXCESS INSURER POLICY NO. PARTICIPATION III. $25,000,000 Excess $25,000,000 a) $ 10 , 000 , 000 Fidelis Underwriting Limited 40% N OGW48568022 b) $ 3,750,000 Aspen Specialty Insurance Company 15% PX00K6222 c) $2,500,000 Lexington Insurance Company 10% 0006893563 d) $2, 500 , 000 Palms Insurance Company Limited 10% PLM0006600 e) $3, 750 , 000 StarStone Specialty Insurance Company 15% H85052210CSP f) $2, 500 , 000 Westfield Specialty Insurance Company 10% XAR00002N D IV. $50,000,000 Excess $50,000,000 a) $ 15, 000 , 000 RSUI Indemnity Company 30% NHD921815 b) $ 12, 500 , 000 Homeland Insurance Company of New York 25% 795017310 c) S12 , 500 , 000 Mitsui Sumitomo Insurance Co. of America 25% EXP70000992 d ) $ 10, 000 , 000 First Specialty Insurance Corporation 20% ESP200539000 v . EFF 081817 1 5 INSURED COPY EXCESS PHYSICAL DAMAGE FORM 13 . Total Limits [including " Primary" and " Excess"] subject to annual aggregates [per layers and participation 's as outlined in items 11 - 12 above] : $50, 000, 000 except $5, 000, 000 for Flood Zone A anyone policy year in respect of the peril of Flood $50, 000, 000 any one policy year in respect of the peril of Earthquake 14 . Notification of Claims to : v . EFF 081817 1 6 INSURED COPY This endorsement changes the policy -- PLEASE READ THIS CAREFULLY -- VIRUS OR BACTERIA EXCLUSION PERILS EXCLUDED The additional exclusion set forth below applies to all coverages , coverage extensions , supplemental coverages , optional coverages , and endorsements that are provided by the policy to which this endorsement is attached , including , but not limited to , those that provide coverage for property, earnings , extra expense , or interruption by civil authority. The following exclusion is added under Perils Excluded : Virus or Bacteria -- We do not pay for loss , cost, or expense caused by, resulting from , or relating to any virus , bacterium , or other microorganism that causes disease , illness , or physical distress or that is capable of causing disease , illness , or physical distress . This exclusion applies to, but is not limited to , any loss , cost, or expense as a result of: a . any contamination by any virus , bacterium , or other microorganism ; or b . any denial of access to property because of any virus , bacterium , or other microorganism . OTHER CONDITIONS Other Terms Remain in Effect -- The terms of this endorsement, whether or not applicable to any loss , cost, or expense , cannot be construed to provide coverage for a loss , cost, or expense that would otherwise be excluded under the policy to which this endorsement is attached . MS 5533 04 20 Page 1 of 1 © 2020 MSIG Holdings (Americas), Inc. All rights reserved . ( Includes copyrighted material of American Association of Insurance Services Inc. , with its permission) INSURED COPY Policy Number EXP7000992 DISCLOSURE NOTICE TERRORISM RISK INSURANCE ACT OF 2002 - ( AS AMENDED ) REJECTION OF OUR OFFER OF COVERAGE Named Insured COLORADO COUNTIES CASUALTY AND PROPERTY Effective Date : 01 /01 /2022 12 : 01 A . M . , Standard Time Agent Name CRC INSURANCE SERVICES Agent No . 0097270 You have rejected our offer of coverage for certified acts of terrorism , as defined in and certified under the Terrorism Risk Insurance Act of 2002 , as amended . Therefore , this policy does not provide such coverage . This policy contains one or more exclusions that apply to certified acts of terrorism . If you were not made aware of our offer of coverage for certified acts of terrorism , or believe that this notice was included in this policy in error , please notify your agent or broker immediately . MS 0612 01 15 Page 1 of 1 © 2015 Mitsui Sumitomo Insurance Group , all rights reserved INSURED COPY PS Commercial Insurance Protection CLAIM NOTICE Mail notices to : RSUI Group , Inc . 945 East Paces Ferry Rd . Suite 1800 Atlanta , GA 30326-1160 Fax notices to : (404) 231 -3755 Attn : Claims Department E-mail notices to : reportclaims@rsui . com RSG 94001 0916 j .. COMMON POLICY DECLARATIONS COMPANY NAME : RSUI Indemnity Company BRANCH ADDRESS : 945 East Paces Ferry Road , Suite 1800 , Atlanta , GA 30326- 1160 POLICY NO . : NHD921815 RENEWAL OF : NHD915887 NAMED INSURED AND MAILING ADDRESS : PRODUCER: Colorado Counties Casualty and Property Pool c/o CTSI 800 Grant Street, Suite 400 Denver, CO 80203 POLICY PERIOD : From 1 / 1 /2022 To 1 / 1 /2023 12 : 01 A. M . Standard Time at your Mailing Address above . IN RETURN FOR THE PAYMENT OF THE PREMIUM , AND SUBJECT TO ALL THE TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY. THIS POLICY CONSISTS OF THE FOLLOWING COVERAGE PARTS FOR WHICH A PREMIUM IS INDICATED . THIS PREMIUM MAY BE SUBJECT TO ADJUSTMENT. COVERAGE PARTS PREMIUM COMM . Commercial Property $ 78 , 000 . 00 DO NOT $ WRITE $ IN THIS STATE ASSESSMENTS & FEES AREA TOTAL $ 78 , 000 . 00 FORMS APPLICABLE TO ALL COVERAGE PARTS : SEE SCHEDULE OF POLICY ATTACHMENTS AND FORMS , RSG 94106 1009 BUSINESS DESCRIPTION : Municipalities THESE DECLARATIONS TOGETHER WITH THE COMMON POLICY CONDITIONS , COVERAGE PART DECLARATIONS , COVERAGE FORMS(S) AND ENDORSEMENTS , IF ANY, ISSUED TO FORM A PART THEREOF, COMPLETE THE CONTRACT OF INSURANCE . Countersigned : February 11 , 2022 By: Date LL Authorized Repres ive Includes copyrighted material of Insurance Services Office, Inc., with its permission. Copyright, ISO Properties, Inc., 2001 RSG 40003 0913 A member of Alleghany Insurance Holdings LLC Policy Number: NHD921815 Insurer: RSUI Indemnity Company Named Insured : Colorado Counties Casualty and Property Pool NOTICE - REJECTION OF TERRORISM COVERAGE Coverage has been " rejected" by the Insured for all acts of terrorism including but not limited to "certified acts of terrorism" under the federal Terrorism Risk Insurance Act. RSG 99018 1211 A member of Alleghany Insurance Holdings LLC RSUI INDEMNITY COMPANY State Fraud Statements Fraud Statements - Signature Required for New York Only ARKANSAS , LOUISIANA, RHODE ISLAND, TEXAS AND WEST VIRGINIA FRAUD STATEMENT Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . ALASKA FRAUD STATEMENT A person who knowingly and with intent to injure , defraud , or deceive an insurance company files a claim containing false , incomplete , or misleading information may be prosecuted under state law. ALABAMA FRAUD STATEMENT Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or who knowingly presents false information in an application for insurance is guilty of a crime and may be subject to restitution fines or confinement in prison , or any combination thereof. ARIZONA FRAUD STATEMENT For your protection Arizona law requires the following statement to appear on this form . Any person who knowingly presents a false or fraudulent claim for payment of a loss is subject to criminal and civil penalties. CALIFORNIA FRAUD STATEMENT For your protection , California law requires that you be made aware of the following : Any person who knowingly presents false or fraudulent information to obtain or amend insurance coverage or to make a claim for the payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison . COLORADO FRAUD STATEMENT It is unlawful to knowingly provide false , incomplete , or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines , denial of insurance , and civil damages . Any insurance company or agent of an insurance company who knowingly provides false , incomplete , or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado division of insurance within the department of regulatory agencies . DELAWARE FRAUD STATEMENT Any person who knowingly, and with intent to injure , defraud or deceive any insurer, files a statement of claim containing any false , incomplete or misleading information is guilty of a felony. DISTRICT OF COLUMBIA FRAUD STATEMENT WARNING : It is a crime to provide false , or misleading information to an insurer for the purpose of defrauding the insurer or any other person . Penalties include imprisonment and/or fines . In addition , an insurer may deny insurance benefits if false information materially related to a claim was provided by the applicant. FLORIDA FRAUD STATEMENT Any person who knowingly and with intent to injure , defraud or deceive any insurer, files a statement of claim or an application containing any false , incomplete , or misleading information is guilty of a felony of the third degree . RSG 99022 0122 A member of Alleghany Insurance Holdings LLC HAWAII FRAUD STATEMENT For your protection , Hawaii law requires you to be informed that any person who presents a fraudulent claim for payment of a loss or benefit is guilty of a crime punishable by fines or imprisonment, or both . IDAHO FRAUD STATEMENT Any person who knowingly, and with intent to defraud or deceive any insurance company, files a statement of claim containing any false , incomplete or misleading information is guilty of a felony. INDIANA FRAUD STATEMENT Any person who knowingly and with intent to defraud an insurer files a statement of claim containing any false , incomplete , or misleading information commits a felony. KANSAS FRAUD STATEMENT An act committed by any person who , knowingly and with intent to defraud , presents , causes to be presented or prepares with knowledge or belief that it will be presented to or by an insurer, purported insurer, broker or any agent thereof, any written , electronic, electronic impulse , facsimile , magnetic, oral , or telephonic communication or statement as part of, or in support of, an application for the issuance of, or the rating of an insurance policy for personal or commercial insurance , or a claim for payment or other benefit pursuant to an insurance policy for commercial or personal insurance which such person knows to contain materially false information concerning any fact material thereto ; or conceals , for the purpose of misleading , information concerning any fact material thereto . KENTUCKY FRAUD STATEMENT Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any materially false information or conceals , for the purpose of misleading , information concerning any fact material thereto commits a fraudulent insurance act, which is a crime . MAINE FRAUD STATEMENT It is a crime to knowingly provide false , incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines or a denial of insurance benefits . MARYLAND FRAUD STATEMENT Any person who knowingly or willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison . MINNESOTA FRAUD STATEMENT Any person who files a claim with intent to defraud or helps commit a fraud against an insurer is guilty of a crime . NEW HAMPSHIRE FRAUD STATEMENT Any person who , with a purpose to injure , defraud or deceive any insurance company, files a statement of claim containing any false , incomplete or misleading information is subject to prosecution and punishment for insurance fraud , as provided in RSA 638 :20 . NEW JERSEY FRAUD STATEMENT Any person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties . NEW MEXICO FRAUD STATEMENT Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to civil fines and criminal penalties . RSG 99022 0122 A member of Alleghany Insurance Holdings LLC OHIO FRAUD STATEMENT Any person who , with intent to defraud or knowing that he is facilitating a fraud against an insurer, submits an application or files a claim containing a false or deceptive statement is guilty of insurance fraud . OKLAHOMA FRAUD STATEMENT WARNING : Any person who knowingly and with intent to injure , defraud , or deceive any insurer, makes any claim for the proceeds of an insurance policy containing any false , incomplete or misleading information is guilty of a felony. OREGON FRAUD STATEMENT Any person who knowingly files a claim containing a false or deceptive statement for payment of a loss or benefit or knowingly presents materially false information in an application for insurance may be guilty of a crime and may be subject to fines and confinement in prison . PENNSYLVANIA FRAUD STATEMENT Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information , or conceals for the purpose of misleading , information concerning any fact material thereto commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties . PUERTO RICO FRAUD STATEMENT Any person who knowingly and with the intention of defrauding presents false information in an insurance application , or presents , helps, or causes the presentation of a fraudulent claim for the payment of a loss or any other benefit, or presents more than one claim for the same damage or loss , shall incur a felony and , upon conviction , shall be sanctioned for each violation by a fine of not less than five thousand dollars ($5 , 000) and not more than ten thousand dollars ($ 10 , 000 ) , or a fixed term of imprisonment for three (3) years , or both penalties . Should aggravating circumstances be present, the penalty thus established may be increased to a maximum of five (5 ) years , if extenuating circumstances are present, it may be reduced to a minimum of two (2 ) years . TENNESSEE , VIRGINIA, AND WASHINGTON FRAUD STATEMENT It is a crime to knowingly provide false , incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines and denial of insurance benefits. SIGNATURE REQUIRED NEW YORK FRAUD STATEMENT Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information , or conceals for the purpose of misleading , information concerning any fact material thereto , commits a fraudulent insurance act, which is a crime , and shall also be subject to a civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation . Insured/Applicant/Claimant By (Authorized Representative) Title Date RSG 99022 0122 A member of Alleghany Insurance Holdings LLC RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. SCHEDULE OF POLICY ATTACHMENTS AND FORMS Form Number Form Title Excess Physical Damage Form RSG 93007 0405 Colorado Changes - Cancellation and Nonrenewal RSG 94147 0220 Appraisal Clause Amendment RSG 96004 0210 Exclusion And Limited Additional Coverage For Fungus RSG 96005 0817 Exclusion of Terrorism RSG 96013 1003 Asbestos Exclusion RSG 96014 0504 Exclusion of Pathogenic or Poisonous Biological or Chemical Materials RSG 96047 0715 Earth Movement Coverage Exclusion RSG 96051 0914 Flood Exclusion RSG 96062 0715 Earth Movement Sprinkler Leakage Exclusion RSG 96066 0821 Cyber, Electronic Data and Systems Exclusion IL 0017 1198 Common Policy Conditions Policy No . : NHD921815 D921815 RSG 94106 1009 Page 1 of 1 EXCESS PHYSICAL DAMAGE FORM 1 . INSURING AGREEMENT Subject to the limitations , terms and conditions contained in this Policy or added hereto , the Insurer(s) agree to indemnify the Insured named in the Schedule herein in respect of direct physical loss or damage to the property described in the Schedule , while located or contained as described in the Schedule , occurring during the period stated in the Schedule and caused by any of such perils as are set forth in the Schedule and which are also covered by and defined in the Policy(ies) specified in the Schedule and issued by the " Primary Insurer(s)" stated therein . 2 . APPLICATION OF UNDERLYING PROVISIONS In respect of the perils hereby insured against this Policy is subject to the same warranties , terms and conditions (except as regards the premium , the amount and Limits of Liability other than the deductible or self-insurance provision where applicable , and the renewal agreement, if any, AND EXCEPT AS OTHERWISE PROVIDED HEREIN ) as are contained in or as may be added to the Policy( ies) of the Primary Insurer(s ) prior to the happening of a loss for which claim is made hereunder and should any alteration be made in the premium for the Policy(ies) of the Primary Insurer(s) , then the premium hereon may be adjusted accordingly. 3 . LIMITS OF LIABILITY Provided always that liability attaches to the Insurer(s) only after the Primary and Underlying Excess Insurer(s) have paid or have admitted liability for the full amount of their respective liability as set forth in the Schedule and designated " Primary and Underlying Excess Limit(s)" and then the limits of the Insurer(s) liability shall be those set forth in the Schedule under the designation " Underlying Excess Limit(s)" and the Insurer(s) shall be liable to pay up to the full amount of such " Underlying Excess Limit(s)" . 4 . MAINTENANCE OF PRIMARY AND UNDERLYING EXCESS POLICY( IES ) AND LIMITS It is a condition precedent to recovery under this Policy that the Policy(ies) and Limit(s) of the Primary and Underlying Excess Insurer(s) set forth in the Schedule be maintained in full force and effect, except for any reduction or exhaustion of any underlying aggregate Limits of Liability contained therein , solely by the amount of loss(es) paid or admitted during the policy term . There is no recovery under this excess policy as respects those coverages which are sublimited within the primary and/or underlying excess policy(ies) to amounts less than the amount indicated in the Schedule , however, the Insurer(s) to this excess policy recognize that the primary and underlying excess policy limits can be eroded or exhausted , wholly or partially, by application of said sublimits . 5 . DROP DOWN CLAUSE In the event of such reduction of the aggregate Limits of Liability of the Primary and Underlying Excess Insurance's this Policy shall pay excess over the reduced aggregate limit. In the event of exhaustion of aggregate Limits of Liability of the Primary and Underlying Excess Insurance 's this Policy, subject to all its provisions , shall continue in force as Primary Insurance in respect to perils covered by this policy for which the aggregate Limit of Liability has been so exhausted and the deductible or self-insured amount applicable to that peril , as set forth in the Schedule , shall apply to this Policy. v. EFF 081817 I 1 EXCESS PHYSICAL DAMAGE FORM 6 . APPLICATION OF RECOVERIES All salvages , recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be applied as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the Insured and the Insurer(s) , provided always that nothing in this Policy shall be construed to mean that losses under this Policy are not recoverable until the Insured 's ultimate net loss has been finally ascertained . 7 . NOTIFICATION OF CLAIMS The Insured upon knowledge of any occurrence likely to give rise to a claim hereunder shall give immediate written notice thereof to the person (s ) or firm named for the purpose in the Schedule . 8 . PRIORITY OF PAYMENT Notwithstanding anything contained herein to the contrary it is hereby agreed that in the event of a claim hereunder which involves more than one interest and/or coverage and/or peril , it shall be at the sole option of the Insured to apportion recovery under this policy when submitting final proof of loss , subject to the overall amount of claim not exceeding the overall limit of liability contained herein for any one loss . For the purpose of attachment of coverage for excess layers , it is further agreed that loss involving any interest and/or peril covered in primary or underlying excess layers , but excluded in higher excess layers , shall be recognized by such excess layers as eroding or exhausting the occurrence limits of the primary and/or underlying excess layer(s) . Nothing herein , however, shall be deemed to extend coverage in such layers(s) to include loss from the specifically excluded peril in the excess layer(s) itself. 9 . UNCOLLECTIBILITY OF OTHER INSURANCE Notwithstanding any of the terms of this Policy that might be construed otherwise , the insurance provided by this Policy shall always be excess over the maximum monetary limits set forth in Item 10 and/or 11 of The Schedule ( reduced only by reduction of any underlying aggregate limits as provided for in Clause 4 herein ) 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(s) . 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(s) or for any other reason , is expressly retained by the Insured and is not in any way or under any circumstances insured or assumed by Insurer(s) . In the event of the bankruptcy or insolvency, or other financial impairment, of any underlying insurer, this policy shall not be liable for the obligations of the underlying policy. This policy shall apply as if the underlying insurance were valid and collectible . This insurance shall not replace the underlying insurance . v . EFF 081817 I 2 EXCESS PHYSICAL DAMAGE FORM THE SCHEDULE 1 . Insurer: RSUI Indemnity Company 2 . Policy Number: NHD921815 3 Named Insured : Colorado Counties Casualty and Property Pool 4 . Mailing Address : c/o CTSI 800 Grant Street, Suite 400 Denver, CO 80203 5 . Policy Period : From : January 1 , 2022 To : January 1 , 2023 Both days at 12 : 01 am local standard time 6 . Perils Insured : As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 7 . The Property or Interest: As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 8 . The Property Located or Contained As defined in primary policy issued by Lloyd ' s of London policy number PW0330022 9 . Premium : $78 , 000 10 . Policy Limit : $ 100 , 000 , 000 per occurrence v. EFF 081817 I 3 EXCESS PHYSICAL DAMAGE FORM 11 Primary Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR PRIMARY INSURER POLICY NO . PARTICIPATION I $10,000,000 Primary a) $3,000 ,000 Underwriters at Lloyd's, London 30% PW0330022 b) $2 ,000 ,000 Westchester Surplus Lines 20% D38095432005 c) $2 ,000 ,000 Starr Surplus Lines Ins . Company 20% SLSTPTY11557422 d) $ 1 ,500 ,000 Underwriters at Lloyd 's, London 15% PW0330122 e) $ 1 ,500 ,000 Allied World Assurance Company 15% 031216751A II . $15,000,000 Excess $10,000,000 a) $4 ,500 ,000 Underwriters at Lloyd's, London 30% PW0330022 b) $3 ,000 ,000 Westchester Surplus Lines 20% D380954320045 c) $3,000 ,000 Starr Surplus Lines Ins . Company 20% SLSTPTY11557422 d) $4, 500,000 Evanston Insurance Company 30% MKLV2XPR000583 v. EFF 081817 I 4 EXCESS PHYSICAL DAMAGE FORM 12 . Underlying Excess Limit(s) : COVERAGE TOTAL LIMIT OF LIABILITY INSURER LIMIT LAYER FOR EXCESS INSURER POLICY NO . PARTICIPATION III. $25,000,000 Excess $25,000,000 a) $ 10 ,000, 000 Fidelis Underwriting Limited 40% NOGW48568022 b) $ 3, 750,000 Aspen Specialty Insurance Company 15% PX00K6222 c) $2 ,500 ,000 Lexington Insurance Company 10% 0006893563 d ) $2 ,500 ,000 Palms Insurance Company Limited 10% PLM0006600 e) $3 ,750, 000 StarStone Specialty Insurance Company 15% H85052210CSP f) $2 ,500 ,000 Westfield Specialty Insurance Company 10% XAR00002ND D IV. $50,000,000 Excess $50,000,000 a) $ 15,000 ,000 RSUI Indemnity Company 30% NHD921815 b) $ 12 ,500 ,000 Homeland Insurance Company of New York 25% 795017310 c) $ 12, 500, 000 Mitsui Sumitomo Insurance Co. of America 25% EXP70000992 d) $ 10 ,000 ,000 First Specialty Insurance Corporation 20% ES P200539000 v. EFF 081817 I 5 EXCESS PHYSICAL DAMAGE FORM 13 . Total Limits [including " Primary" and " Excess"] subject to annual aggregates [per layers and participation 's as outlined in items 11 - 12 above] : $50,000 ,000 except $5, 000, 000 for Flood Zone A anyone policy year in respect of the peril of Flood $50,000 ,000 any one policy year in respect of the peril of Earthquake 14 . Notification of Claims to : reportclaims@rsui. com 404-231 -2366 v . EFF 081817 I 6 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. COLORADO CHANGES - CANCELLATION AND NONRENEWAL The following conditions are added and supersede any provisions to the contrary: A. CANCELLATION 1 . The first Named Insured shown in the Declarations may cancel this policy by mailing or delivering to us advance written notice of cancellation . 2. If this policy has been in effect for less than 60 days , we may cancel this policy by mailing or delivering to the first Named Insured written notice of cancellation at least: a. 10 days before the effective date of cancellation if we cancel for nonpayment of premium ; or b. 30 days before the effective date of cancellation if we cancel for any other reason . 3. We will mail or deliver our notice to the first Named Insured's last mailing address known to us . 4. Notice of cancellation will state the effective date of cancellation . The policy period will end on that date . 5. If this policy is cancelled , we will send the first Named Insured any premium refund due . If we cancel , the refund will be pro rata . If the first Named Insured cancels, the refund may be less than pro rata . The cancellation will be effective even if we have not made or offered a refund . 6. If notice is mailed , proof of mailing will be sufficient proof of notice . 7. Cancellation Of Policies In Effect For 60 Days Or More a. If this policy has been in effect for 60 days or more , or is a renewal of a policy we issued , we may cancel this policy by mailing through first-class mail to the first Named Insured written notice of cancellation : ( 1 ) Including the actual reason , at least 10 days before the effective date of cancellation , if we cancel for nonpayment of premium ; or (2) At least 45 days before the effective date of cancellation if we cancel for any other reason . We may only cancel this policy based on one or more of the following reasons : ( 1 ) Nonpayment of premium ; (2) A false statement knowingly made by the insured on the application for insurance ; or (3) A substantial change in the exposure or risk other than that indicated in the application and underwritten as of the effective date of the policy unless the first Named Insured has notified us of the change and we accept such change . B . NONRENEWAL If we decide not to renew this policy, we will mail through first-class mail to the first Named Insured shown in the Declarations written notice of the nonrenewal at least 45 days before the expiration date , or its anniversary date if it is a policy written for a term of more than one year or with no fixed expiration date . If notice is mailed , proof of mailing will be sufficient proof of notice . C . INCREASE IN PREMIUM OR DECREASE IN COVERAGE We will not increase the premium unilaterally or decrease the coverage benefits on renewal of this policy unless we mail through first-class mail written notice of our intention , including the actual reason , to the first Named Insured's last mailing address known to us , at least 45 days before the effective date . Any decrease in coverage during the policy term must be based on one or more of the following reasons : Policy No . : NHD921815 Effective : 1 /1 /2022 RSG 93007 0405 Includes copyrighted material of Insurance Services Office , Inc. , with its permission . Page 1 of 2 © ISO Properties , Inc. , 2001 1 . Nonpayment of premium ; 2. A false statement knowingly made by the insured on the application for insurance ; or 3. A substantial change in the exposure or risk other than that indicated in the application and underwritten as of the effective date of the policy unless the first Named Insured has notified us of the change and we accept such change . If notice is mailed , proof of mailing will be sufficient proof of notice . RSG 93007 0405 Includes copyrighted material of Insurance Services Office Inc. , with its permission . Page 2 of 2 © ISO Properties , Inc. , 2001 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. APPRAISAL CLAUSE AMENDMENT This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS This endorsement replaces any and all other provisions regarding appraisal . If we and you disagree on the value of the property or the amount of loss, either party may request, in writing , an appraisal of the value of the property and/or the amount of loss . An appraisal may then take place only if the other party agrees in writing to participate in the appraisal process pursuant to terms of a written agreement between the parties . At a minimum , the written agreement between the parties will specify a protocol for the selection of a disinterested , competent, and impartial appraiser (who does not have a financial interest in the claim and/or appraisal award , including a contingent interest in the outcome of the claim or appraisal award ) , the inspection of the property by the appraisers, the selection of an umpire , communications between and among the appraisers and umpire , specific itemization of each item in dispute , and an award form . If the parties cannot agree on a written agreement specifying the protocol , an appraisal will not take place . If appraisal moves forward , the two appraisers will select an umpire , who is disinterested , competent, and impartial . If the two appraisers cannot agree to an umpire within 15 days of either appraiser proposing one or more umpires , the two appraisers may jointly request that the selection of a competent and impartial umpire be made by a judge of a court in the county of the loss or damage . If either party to the appraisal , without notice to the other party, asks a judge to select an umpire , any such umpire selection shall be invalidated and the selection of a new umpire shall be required . If the appraisers do not agree to jointly request the appointment of an umpire , either the insurer or insured can unilaterally end the appraisal with written notice to the other. The appraisers will state separately the value of the property and amount of loss . Specific itemization of each item and amount in dispute is required , including , but not limited to , building -by- building , floor- by-floor, unit-by- unit , and area- by-area allocation . If the appraisers fail to agree , they will submit their differences to the umpire . A decision agreed to by any two will be binding . Each party will : a . pay its chosen appraiser; and b . bear the other expenses of the appraisal and the umpire's fee equally. In connection with the appraisal proceeding , neither the appraisers nor the umpire shall have authority to decide questions of law . Neither the appraisers nor the umpire shall attempt to resolve any issue of insurance coverage , policy exclusions, compliance with the policy terms and conditions , or any issues concerning the Limits of Insurance available under the Policy. At any time after the request for appraisal , we will retain our right to demand compliance with all applicable Duties in the Event of Loss as described in this Policy . We may require completion of any of the Duties in the Event of Loss , or any other policy condition , prior to continuance of the appraisal proceeding . If there is an appraisal , we will still retain our right to deny the claim . Where applicable , the parties agree that during the pendency of an appraisal all required responses and cures to any Civil Remedy Notices are extended until 30 days after the appraisal is concluded . By voluntarily agreeing to the appraisal process , both parties acknowledge that there are irreconcilable differences that exist regarding the value of the property and/or the amount of loss . Since appraisal is voluntary, you are not required to submit to , or participate in , any appraisal of the loss as a precondition to action against us . Policy No . : NHD921815 D921815 Effective : 1 /1 /2022 RSG 94147 0220 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. EXCLUSION AND LIMITED ADDITIONAL COVERAGE FOR FUNGUS This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS A. The following Exclusion is added : EXCLUSION - " Fungus ", Wet Rot, Dry Rot And Bacteria We will not pay for loss or damage caused directly or indirectly by the presence , growth , proliferation , spread or any activity of "fungus" , wet or dry rot or bacteria . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . But if "fungus" , wet or dry rot or bacteria results in a "specified covered cause of loss" , we will pay for the loss or damage caused by that "specified covered cause of loss" . This exclusion does not apply: 1 . When "fungus" , wet or dry rot or bacteria results from fire or lightning ; or 2. To the extent that coverage is provided in the Additional Coverage - Limited Coverage For " Fungus" , Wet Rot, Dry Rot And Bacteria with respect to loss or damage by a cause of loss other than fire or lightning . B . The following Additional Coverage is added : ADDITIONAL COVERAGE - Limited Coverage For " Fungus", Wet Rot, Dry Rot And Bacteria 1 . This limited coverage applies only when the "fungus" , wet or dry rot or bacteria is the result of one or more of the following causes that occurs during the policy period and only if all reasonable means were used to save and preserve the property from further damage at the time of and after that occurrence , and only if any loss resulting from the following is reported to us within 60 days of the occurrence . a. A "specified covered cause of loss" other than fire or lightning ; or b. Flood , if the Flood Coverage Endorsement applies to the affected premises . 2. Under conditions described in item B . 1 . above , we will pay for loss or damage by "fungus" , wet or dry rot or bacteria . As used in this Limited Coverage , the term loss or damage means : a. Direct physical loss or damage to Covered Property caused by "fungus" , wet or dry rot or bacteria , including the cost of removal of the "fungus" , wet or dry rot or bacteria ; b. The cost to tear out and replace any part of the building or other property as needed to gain access to the "fungus" , wet or dry rot or bacteria ; and c. The cost of testing performed after removal , repair, replacement or restoration of the damaged property is completed , provided there is a reason to believe that "fungus" , wet or dry rot or bacteria are present. 3. The coverage provided under this Limited Coverage is limited to $ 15 , 000 . Regardless of the number of claims , this limit is the most we will pay for the total of all loss or damage arising out of all occurrences which take place in a 12-month period (starting with the beginning of the present annual policy period ) . With respect to a particular occurrence of loss which results in "fungus" , wet or dry rot or bacteria , we will not pay more than a total of $ 15 , 000 even if the "fungus" , wet or dry rot or bacteria continues to be present or active , or recurs, in a later policy period . 4. The coverage provided under this Limited Coverage does not increase the applicable Limit of Insurance on any Covered Property. If a particular occurrence results in loss or damage by "fungus" , wet or dry rot or bacteria , and other loss or damage , we will not pay more , for the total of all loss or damage , than the applicable Limit of Insurance on the affected Covered Property. Policy No . : NHD921815 D921815 Effective : 1 /1 /2022 RSG 96004 0210 Page 1 of 2 If there is covered loss or damage to Covered Property, not caused by "fungus" , wet or dry rot or bacteria , loss payment will not be limited by the terms of this Limited Coverage , except to the extent that "fungus" , wet or dry rot or bacteria causes an increase in the loss . Any such increase in the loss will be subject to the terms of this Limited Coverage . C . The following Definition is added : 1 . " Fungus" means any type or form of fungus , including mold or mildew, and any mycotoxins , spores , scents or by-products produced or released by fungi . 2. "Specified covered cause of loss" means the following : Fire ; lightning ; explosion ; windstorm or hail ; smoke ; aircraft or vehicles ; riot or civil commotion ; vandalism ; leakage from fire extinguishing equipment; sinkhole collapse ; volcanic action ; falling objects ; weight of snow, ice or sleet; water damage . a. Sinkhole collapse means the sudden sinking or collapse of land into underground empty spaces created by the action of water on limestone or dolomite . This cause of loss does not include : ( 1 ) The cost of filling sinkholes ; or (2) Sinking or collapse of land into man-made underground cavities . b. Falling objects does not include loss or damage to : ( 1 ) Personal property in the open ; or (2) The interior of a building or structure , or property inside a building or structure , unless the roof or an outside wall of the building or structure is first damaged by a falling object. c. Water damage means accidental discharge or leakage of water or steam as the direct result of the breaking apart or cracking of a plumbing , heating , air conditioning or other system or appliance (other than a sump system including its related equipment and parts) , that is located on the described premises and contains water or steam . RSG 96004 0210 Page 2 of 2 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. EXCLUSION OF TERRORISM This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS A. Definitions 1 . "Certified act of terrorism" means an act that is certified by the Secretary of the Treasury, in accordance with the provisions of the federal Terrorism Risk Insurance Act, to be an act of terrorism pursuant to such Act. The criteria contained in that Terrorism Risk Insurance Act for a "certified act of terrorism" include the following : a. The act resulted in insured losses in excess of $5 million in the aggregate , attributable to all types of insurance subject to the Terrorism Risk Insurance Act; and b. The act is a violent act or an act that is dangerous to human life , property or infrastructure and is 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 . 2. "Other act of terrorism" means any activity against persons , organizations or property of any nature : a. That involves the following or preparation for the following : ( 1 ) Use or threat of force or violence ; or (2) Commission or threat of a dangerous act; or (3) Commission or threat of an act that interferes with or disrupts an electronic, communication , information , or mechanical system ; and b. When one or both of the following applies : ( 1 ) The effect is to intimidate or coerce a government or the civilian population or any segment thereof, or to disrupt any segment of the economy; or (2) It appears that the intent is to intimidate or coerce a government, or to further political , ideological , religious , social or economic objectives or to express (or express opposition to) a philosophy or ideology; and c. When the act is not certified as a terrorist act pursuant to the federal Terrorism Risk Insurance Act. B . Exclusion of Certified Acts of Terrorism and the following Other Acts of Terrorism We will not pay for loss or damage caused directly or indirectly by a "certified act of terrorism" or an "other act of terrorism": 1 . Including loss or damage caused by Fire following or resulting from a "certified act of terrorism" or an "other act of terrorism" . 2. Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . 3. With respect to an "other act of terrorism" , this exclusion applies only when one or more of the following are attributed to such act: a. The act involves the use , release or escape of nuclear materials , or that directly or indirectly results in nuclear reaction or radiation or radioactive contamination ; b. The act is carried out by means of the dispersal or application of pathogenic or poisonous biological or chemical materials ; Policy No . : NHD921815 D921815 Effective : 1 /1 /2022 RSG 96005 0817 Page 1 of 2 c. The act involves the release of pathogenic or poisonous biological or chemical materials, and it appears that one purpose of the terrorism was to release such materials ; or d . The total of insured damage to all types of property in the United States , its territories and possessions , Puerto Rico , and Canada exceeds $25 , 000 , 000 . In determining whether the $25 , 000 , 000 threshold is exceeded , we will include all insured damage sustained by property of all persons and entities affected by the "other act of terrorism" and business interruption losses sustained by owners or occupants of the damaged property. For the purpose of this provision , insured damage means damage that is covered by any insurance plus damage that would be covered by any insurance but for the application of any terrorism exclusions . Multiple incidents of an "other act of terrorism" which occur within a 72-hour period and appear to be carried out in concert or to have a related purpose or common leadership will be deemed to be one incident, for the purpose of determining whether the threshold is exceeded . With respect to this Item B. 3.d . , the immediately preceding paragraph describes the threshold used to measure the magnitude of an "other act of terrorism" and the circumstances in which the threshold will apply, for the purpose of determining whether this exclusion will apply to that incident. When the exclusion applies to an "other act of terrorism" , there is no coverage under this Coverage Part or Policy. C . Application Of Other Exclusions The terms and limitations of any terrorism exclusion , or the inapplicability or omission of a terrorism exclusion , do not serve to create coverage for any loss which would otherwise be excluded under this Coverage Part or Policy, such as , but not limited to , losses excluded by any Nuclear Hazard or War And Military Action Exclusions . RSG 96005 0817 Page 2 of 2 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. ASBESTOS EXCLUSION This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS This policy does not apply to any loss , demand , claim or suit arising out of or related in any way to asbestos or asbestos-containing materials . The company shall have no duty of any kind with respects to any such loss , demand , claim or suit. Policy No . : NHD921815 Effective : 1 /1 /2022 RSG 96013 1003 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. EXCLUSION OF PATHOGENIC OR POISONOUS BIOLOGICAL OR CHEMICAL MATERIALS This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS The following exclusion is added : We will not pay for loss or damage caused directly or indirectly by the discharge , dispersal , seepage , migration , release , escape or application of any pathogenic or poisonous biological or chemical materials . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss. However, if both A. and B . below apply, we will pay up to a maximum of $ 10 , 000 for any and all claims for such loss or damage arising out of events occurring within the term of this policy: A. The pathogenic or poisonous biological or chemical materials are normally kept at or brought onto your premises , with your consent, for use in your business operations at your premises ; and B . The discharge , dispersal , seepage , migration , release , escape or application of the pathogenic or poisonous biological or chemical materials is accidental and is not the result of a willful or malicious act against any persons , organizations , or property of any nature . Policy No . : NHD921815 Effective : 1 /1 /2022 RSG 96014 0504 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. EARTH MOVEMENT COVERAGE EXCLUSION This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS A. In consideration of premium charged , it is agreed that the following exclusion is added to this policy: We will not pay for loss or damage caused directly or indirectly by: 1 . Earth Movement; or 2. Sprinkler Leakage resulting from Earth Movement. Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . B . Earth Movement shall be defined as follows : 1 . Earthquake , including any earth sinking , rising or shifting related to such event; 2. Landslide , including any earth sinking , rising or shifting related to such event; 3. Mine subsidence , meaning subsidence of a man -made mine , whether or not mining activity has ceased ; 4. Earth sinking (other than sinkhole collapse) , rising or shifting including soil conditions which cause settling , cracking or other disarrangement of foundations or other parts of realty. Soil conditions include contraction , expansion , freezing , thawing , erosion , improperly compacted soil and the action of water under the ground surface . But, if Earth Movement, as described in 1 . through 4. above , results in fire or explosion , we will pay for the loss or damage caused by that fire or explosion . 5. Volcanic Eruption , Explosion or Effusion : But if volcanic eruption , explosion or effusion results in fire , building glass breakage or Volcanic Action , we will pay for the loss or damage caused by that fire , building glass breakage or Volcanic Action . Volcanic action means direct loss or damage resulting from the eruption of a volcano when the loss or damage is caused by: a. Airborne volcanic blast or airborne shock waves ; b. Ash , dust or particulate matter; or c. Lava flow. Volcanic action does not include the cost to remove ash , dust or particulate matter that does not cause direct physical loss or damage to the described property. Policy No . : KHD921815 Effective : 1 / 1 / 2022 RSG 96047 0715 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. FLOOD EXCLUSION This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS In consideration of premium charged , it is agreed that the following exclusion is added to this policy: We will not pay for loss or damage caused directly or indirectly by a Flood . Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss . Flood is defined as the following : a . Flood , surface water, rising waters , waves , tides, tidal waves , storm surge , overflow of any body of water or their spray, all whether driven by wind or not; b . Mudslide or mudflow; c. Water that backs up or overflows from any sewer or drain ; d . Water that seeps , leaks or flows from below the surface of the ground ; e . The rising , overflowing or breaking of boundaries of natural or man-made bodies of water; f. The release of water held by a dam , levee or dike or by a water or flood control device ; g . The release of water caused by the Acts, Errors or Omissions by you or others in the design , specifications , workmanship , repair, construction , or renovation of all or any part of a water or flood control device , levee , dam or dike ; h . Inundation of normally dry land by natural or man-made cause ; or i . Water inundation from any cause whatsoever. However, Flood does not include the accidental discharge or leakage of water as the direct result of the breaking apart or cracking of a plumbing , heating , air conditioning or other system or appliance . Policy No . : NHD921815 D921815 Effective : 1 /1 /2022 RSG 96051 0914 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. EARTH MOVEMENT SPRINKLER LEAKAGE EXCLUSION This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS In consideration of premium charged , it is agreed that the following exclusion is added to this policy: We will not pay for loss or damage caused directly or indirectly by Sprinkler Leakage resulting from Earth Movement. Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss. Earth Movement shall be defined as follows : 1 . Earthquake , including any earth sinking , rising or shifting related to such event; 2. Landslide , including any earth sinking , rising or shifting related to such event; 3. Mine subsidence , meaning subsidence of a man-made mine , whether or not mining activity has ceased ; 4. Earth sinking (other than sinkhole collapse) , rising or shifting including soil conditions which cause settling , cracking or other disarrangement of foundations or other parts of realty. Soil conditions include contraction , expansion , freezing , thawing , erosion , improperly compacted soil and the action of water under the ground surface . 5. Volcanic Eruption , Explosion or Effusion . Policy No . : NHD921815 Effective : 1 / 1 / 2022 RSG 96062 0715 RSUI INDEMNITY COMPANY This Endorsement Changes The Policy. Please Read It Carefully. CYBER, ELECTRONIC DATA AND SYSTEMS EXCLUSION This endorsement modifies insurance provided under the following : ALL COVERAGE PARTS Notwithstanding any provision to the contrary within the Policy or any endorsements attached thereto , it is understood and agreed as follows : Exclusion This Policy does not insure any loss , damage , destruction , distortion , erasure , corruption or alteration of a COMPUTER SYSTEM or ELECTRONIC DATA from any cause whatsoever (including but not limited to COMPUTER VIRUS ) or any loss of access , any loss of use , reduction in functionality, cost, expense of any kind or of any nature whatsoever resulting therefrom . Further, this Policy does not insure any loss or damage that directly or indirectly results from loss, damage , destruction , distortion , erasure , corruption or alteration of ELECTRONIC DATA from any cause whatsoever (including but not limited to COMPUTER VIRUS ) . Such loss or damage as described herein is excluded regardless of any other cause or event contributing concurrently or in any other sequence to the loss or damage . This exclusion applies regardless of whether the loss or damage arises out of or results from authorized , unauthorized , intentional , unintentional or accidental access in , of, or to any computer, communication system , file server, network(s) , networking equipment, computer system , computer hardware , computer software , data processing equipment, computer memory, microchip , microprocessor, integrated circuit or similar device . However, this Policy, subject to all other terms , conditions and exclusions , will cover physical damage to insured property that was directly caused by any of the following perils occurring within the Policy Period : fire , lightning , explosion , aircraft or vehicle impact, falling objects , windstorm or hail , flood (unless otherwise excluded ) , or earthquake ( unless otherwise excluded ) . COMPUTER SYSTEM means any computer, hardware , software , communications system , electronic device ( including , but not limited to , smart phone , laptop , tablet, wearable device) , server, cloud or microcontroller including any similar system or any configuration of the aforementioned and including any associated input, output, data storage device , networking equipment or back up facility. ELECTRONIC DATA means facts, concepts and information recorded , transmitted or converted to a form useable for communications , interpretation or processing by electronic and electromechanical data processing or electronically controlled equipment. This includes any biometric information , including but not limited to retina or iris scans, fingerprints , voiceprints , DNA, scans of hand or face geometry or any other biometric algorithm or measurement which allows any individual to be identified . ELECTRONIC DATA also includes programs , software and other coded instructions for the processing and manipulation of data or the direction and manipulation of such equipment. This includes any item reliant on Blockchain technology, including but not limited to cryptocurrencies or Non-Fungible Tokens. COMPUTER VIRUS means a set of corrupting , harmful or otherwise unauthorized instructions or code including , but not limited to any set of maliciously, intentionally, unintentionally or accidentally introduced instructions or code , programmatic or otherwise , that propagate themselves through a computer system or network of whatsoever nature located anywhere in the world . COMPUTER VIRUS includes , but is not limited to 'Trojan Horses' , 'worms' and 'time or logic bombs' . Policy No . : NHD921815 Effective : 1 /1 /2022 RSG 96066 0821 IL001711 98 COMMON POLICY CONDITIONS All Coverage Parts included in this policy are subject to the following conditions . A. Cancellation b . Give you reports on the conditions we find ; 1 . The first Named Insured shown in the and Declarations may cancel this policy by mailing c. Recommend changes . or delivering to us advance written notice of 2. We are not obligated to make any inspections , cancellation . surveys , reports or recommendations and any 2. We may cancel this policy by mailing or such actions we do undertake relate only to delivering to the first Named Insured written insurability and the premiums to be charged . notice of cancellation at least: We do not make safety inspections . We do not a. 10 days before the effective date of undertake to perform the duty of any person or cancellation if we cancel for nonpayment of organization to provide for the health or safety premium ; or of workers or the public. And we do not warrant that conditions : b . 30 days before the effective date of cancellation if we cancel for any other a. Are safe or healthful ; or reason . b . Comply with laws , regulations , codes or 3. We will mail or deliver our notice to the first standards . Named Insured's last mailing address known to 3. Paragraphs 1 . and 2. of this condition apply not us . only to us , but also to any rating , advisory, rate 4. Notice of cancellation will state the effective service or similar organization which makes date of cancellation . The policy period will end insurance inspections , surveys , reports or on that date . recommendations . 5. If this policy is cancelled , we will send the first 4. Paragraph 2. of this condition does not apply to Named Insured any premium refund due . If we any inspections , surveys , reports or cancel , the refund will be pro rata . If the first recommendations we may make relative to Named Insured cancels , the refund may be certification , under state or municipal statutes , less than pro rata . The cancellation will be ordinances or regulations , of boilers , pressure effective even if we have not made or offered a vessels or elevators . refund . E. Premiums 6. If notice is mailed , proof of mailing will be The first Named Insured shown in the sufficient proof of notice . Declarations : B . Changes 1 . Is responsible for the payment of all premiums ; This policy contains all the agreements between and you and us concerning the insurance afforded . 2. Will be the payee for any return premiums we The first Named Insured shown in the Declarations pay. is authorized to make changes in the terms of this F . Transfer Of Your Rights And Duties Under This policy with our consent. This policy's terms can be Policy amended or waived only by endorsement issued by us and made a part of this policy. Your rights and duties under this policy may not be transferred without our written consent except in C . Examination Of Your Books And Records the case of death of an individual named insured . We may examine and audit your books and If you die , your rights and duties will be transferred records as they relate to this policy at any time to your legal representative but only while acting during the policy period and up to three years within the scope of duties as your legal afterward . representative . Until your legal representative is D. Inspections And Surveys appointed , anyone having proper temporary 1 . We have the right to : custody of your property will have your rights and duties but only with respect to that property. a. Make inspections and surveys at any time ; IL 00 17 11 98 Copyright, Insurance Services Office , Inc. , 1998 Page 1 of 1 O Your policy has been signed on our behalf by our President and by our Secretary. However, your policy will not be binding on us unless it is also countersigned by one of our duly authorized agents . z President RSUI Indemnity Company Landmark American Insurance Company Covington Specialty Insurance Company 11;Ace‘ 7 / Secretary RSUI Indemnity Company Landmark American Insurance Company Covington Specialty Insurance Company C ,, i7Vige A member of Alleghany Insurance Holdings LLC RSG 94001 0916 Hello