**Policy Number CSUSA2104915**

**ORDER HEREON:** 20% of 100%

**BASIS OF WRITTEN LINES:**
- Percentage of Whole (☑)
- Percentage of Order
- Part of Whole
- Part of Order

**BASIS OF SIGNED LINES:**
- Percentage of Whole (☑)
- Percentage of Order
- Part of Whole
- Part of Order

**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 (re)insured may elect for the disproportionate signing of (re)insurers' lines, without further specific agreement of (re)insurers, providing that any such variation is made prior to the commencement date of the period of insurance, and that lines written "to stand" may not be varied without the documented agreement of those (re)insurers.

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.

**WRITTEN LINES:** As per attached

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.