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<br />MEMORANDUM OF INSURANCE Date Issued: <br /> 07/08/2005 <br />Insured: This memorandum is issued as a matter of <br /> information only and confers no rights upon the <br />PRINCE & PHELPS CONSULTANTS holder, This memorandum does not amend, <br />17215 Avenida De La Herradura extend or alter the coverages afforded by the <br />Pacific Palisades, CA 90272-2004 policy and/or certificate listed below, <br /> - <br /> Company Affording Coverage <br />Producer: <br />Trust Risk Management Services, Inc. Ace American Insurance Company <br />750 First Street, NE, Suite 605 <br />Washin9ton, DC 20002-8009 <br /> Covered Person (Status) Owner <br /> X <br /> PRINCE & PHELPS CONSULTANT Employee <br />This is to certify that the policy and/or certificate iisted below has been issued to the insured named <br />above for the policy and/or certificate period indicated, notwithstanding any requirement, term or <br />condition of any contract or other document with respect to which this memorandum may be issued or <br />may pertain, The insurance afforded by the policy and/or certificate described herein is subject to all <br />terms, exclusions and conditions of such pOlicy and/or certificate, The limits shown may have been <br />reduced by paid claims, <br /> Policy and/or <br />Type of Insurance Certificate Effective Date Expiration Date Limits <br /> Number <br />Professional Liability Each incident <br /> $ 1,000,000 <br />Claims Made 78G22127731 10101/2004 1 % 1 /2005 Annual aggregate <br /> $ 3,000,000 <br />Retro Date: 10/01/1998 <br />Memorandum Holder <br /> SHOULD ANY OF THE ABOVE DESCRIBED POLICIES AND/OR <br />The City of Santa Ana, its officers, employees, agents CERTIFICATES BE CANCELLED BEFORE THE EXPIRATION DATE <br /> THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 30 <br />Altn: Emilyn Buenafe (M-28) DAYS WRITTEN NOTICE TO THE CERTIFICATE HOUDER NAMED <br />PO Box 1988 TO THE LEFT, BUT FAILURE TO MAIL SUCH NOTICE SHALL <br />Santa Ana, CA 92702-1988 IMPOSE NO OBLIGATION OR LIABILTIY OF ANY KIND UPON THE <br /> COMPANY ITS AGENTS OR REPRESENTATIVES, <br /> Authorized Representative: <br /> ~ <br /> <br />PW <br /> <br />APPROVED AS TO FORM <br /> <br />~...", <br />- ~- j,; <br />~ura Stitt Sh edy <br />v . C' A <br />ASSIstant Ityorney <br />