SANTA ANA GOLF, LLC (COURSECO, INC.)

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-tl Crime Coverage Part HISCQXC-Suite" Loss Discovered Policy Named insured means the entity identified in Item 1 of the Declarations. Subsidiary means any entity of which the named insured has management control, either directly or indirectly through one or more other subsidiaries, before or during the policy period.This Coverage Part will cover losses sustained by an entity prior to such entity becoming a subsidiary, but only if such losses are discovered by you or an executive employee during the policy period or the extended period to discover loss, if applicable, and while the entity is under the named insured's management control. Employee benefit plan means any welfare or pension benefit plan that is sponsored by the named insured, a subsidiary, or an acquired entity,whether or not such plan is subject to the Employee Retirement Income Security Act of 1974(ERISA), as may be amended. Acquired entity means an entity in which the named insured, during the policy period: 1. acquires substantially all of the assets; 2. acquires the majority of its voting securities, as a result of which it becomes a subsidiary; or 3. merges and leaves the named insured as the surviving entity. This Coverage Part will cover losses sustained by an acquired entity at any time, including prior to such acquired entity's acquisition, provided the loss is discovered by you or an executive employee during the policy period or the extended period to discover loss, if applicable. With respect to an acquired entity whose total employee count exceeds 35%of the named insured's total employee count(as reflected in your most recent reported employee count to us prior to the inception of this policy)at the time of its acquisition, any coverage under this Coverage Part will expire 90 days after the effective date of its acquisition unless,within such 90 day period: 1. the named insured provides us with written notice of such acquisition; 2. the named insured provides us with information related to such acquisition as we may reasonably require; 3. the named insured accepts any special terms, conditions,exclusions, or additional premium charge as we may reasonably require; and 4. we agree by written endorsement to provide such coverage. IV. Limits of liability and settlement Limits of liability A. The maximum we will pay for all covered loss will be as follows: 1. The maximum amount we will pay for all covered loss resulting directly from an occurrence is the applicable limit stated in the Declarations. If the same occurrence is covered under more than one Insuring agreement, we will pay only under one limit, which will be the highest applicable limit. 2. However, if the same occurrence is covered under Insuring agreement D.3. Cyber Deception and any other Insuring agreement(s),we will pay only under Insuring agreement D.3. Cyber Deception, regardless of which Insuring agreement has the highest applicable limit. 3. Solely with respect to the coverage provided by Insuring agreement A.S. ERISA, the limit will apply separately to each employee benefit plan. If the same occurrence triggers both Insuring agreements A.1. Employee Theft and A.S. ERISA, we will pay under both limits. Includes copyrighted material of Insurance Services Offices, Inc.,with its permission CSUCRI P0001A CW(12/22) Page 5 of 18