SANTA ANA GOLF, LLC (COURSECO, INC.)

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-11fe. H I SCOX C-Suite` Endorsement 1 NAMED INSURED: Santa Ana Golf, LLC E1400.2 ERISA Bond Coverage Endorsement In consideration of the premium charged, and on the understanding this endorsement leaves all other terms, conditions, and exclusions unchanged, it is agreed the Crime Coverage Part is amended as follows: I. Solely with regard to Insuring agreement A.5. ERISA, the Insurer listed in the Declarations is amended to read: FEDERATED MUTUAL INSURANCE COMPANY(A Mutual Company) 121 East Park Square Owatonna, Minnesota 55060 (888)333-4949 (507)455-5200 II. Federated Mutual Insurance Company Inc. will have no liability under Section I. Insuring agreements except for loss or damage covered by Insuring agreement A.5. ERISA. III. Hiscox Insurance Company Inc.will have no liability for loss or damage covered by Section I. Insuring agreement A.5. ERISA. IV. Sections II. Coverage enhancements, III. Who is an insured, IV. Limits of liability and settlement, V. Your obligations, VI. Exclusions—What is not covered, VII. Definitions, and VIII. Other provisions affecting coverage will apply to Federated Mutual Insurance Company. V. The following is added to the end of Section VIII. Other provisions affecting coverage, A. Cancellation: Any premium that we receive from you will first be applied to the premium charged for Insuring agreement A.5. ERISA, and second,will be applied to the premium charged for any other Insuring agreement. If we cancel or non-renew this policy, we will provide separate notices of cancellation on behalf of Hiscox Insurance Company Inc. and Federated Mutual Insurance Company identifying the coverage being terminated. VI. In the Crime Coverage Part section in the Declarations, the line starting with the words"Crime Premium" is deleted in its entirety and replaced with the following: Premium for Crime Coverage Part excluding Insuring $3,085.00 agreement A.5: Premium for Insuring agreement A.5. only: $174.00 Total Crime Premium: $3,259.00 VII. Solely with respect to Insuring agreement A.5. ERISA, the following is added to the end of the clause beginning, "IN WITNESS WHEREOF" in the Declarations: IN WITNESS WHEREOF, Federated Mutual Insurance Company Inc. has caused this policy to be signed by its President and Secretary, but this policy shall not be effective unless also signed by the Insurer's duly authorized representative. Secretary CSUCRI E1400 CW(07/17) Page 1 of 2 ilfCl CI`,..