Borid- No CS-B_A-10892-
<br />AIC 0000262238
<br />THIS POWER OFATT-ORNE-YIS NOTYALID UNLESS IT IS PRINTED ON BLUE BACKGROUND. - -
<br />- This Power of Attorney limits the aT ofihoso ranted herein, and they have no authority to bind the Company� the -
<br />manner and to the extent herein stated. Not valid for Note, Loan, Letter of Credit, Currency Rate, Interest Rate or Residential
<br />Value Guarantees.
<br />POWER OF ATTORNEN'lllik
<br />—Know All Persons By These Presents: -- -
<br />That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal
<br />- hereby appoint:
<br />administrative office in Jersey City, New Jersey_ (hereinafter referred to as the "Company") does- -
<br />Arturo.Ayal Daniel Huckabay, DV& f3etlly�rank_Mdones, Michael Castaneda and Shaul Rozelle Ostrcm-ofEOrang€i 9
<br />its true and lawful Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as
<br />aul;e"d as ds act and deed:
<br />- Armand -all, bonds, undertakings, recognizance$ and other surety obligations m the:il eoal sum�eeding
<br />Ninety Million Dollars ($90.000.000.00).
<br />This authority does not permit the same obligation to be split into two or more bonds In order to bring each such bond within the dollar
<br />limit of authority as-�et forth herein.. -
<br />exi=ouTIdh oL--such bonds, unde—ErakmcZs raffi ngl5fi s and other surety obligations in pursuance of these preseatsEshall M -
<br />binding upon the said Company a lil amply to all intents and purposes, as if the same had been dul�5xeeute�lc and -
<br />acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey.
<br />This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company
<br />an Septernlibr 11, true and,,laccurale'copies of"whoh,are hereinafter certified to by the undersignEd
<br />Secretary alb full force and''effecP
<br />"VOTED, That the. Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice Presiddi f; of the Surety
<br />Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and
<br />authority to appoint agents and attorneys -in -fact; and to authorize them subject to the limitations set forth in their respective powers of
<br />�tt9rney, 19 execute -on behalf of the Comfy_ and-ettactrthe seal of the Company, thereto;, bonds ,,undertakings, recogmzanees and -
<br />- - utter �atfons obligatory°tiLth rU;�themd!t and ---any such officers ofithe Company may,;,appoint agents'for-acceptanpi
<br />This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the
<br />unanimous consent of the Board of Directors of the Company on September 15, 2011:
<br />VOTEfOTThatthe stnalure of the Chairman of.,the Board the President, orth , Exl President, or any Senior Vice PfMWent
<br />o�-the u &usirtess Division, or their !,appointees designated in writing=WI iled� iffahbi Secretary, and the slgI reef Th_e
<br />Secretary, Via seal of the Company and certifications by the Secretary, maybiq affl�e -by facsimile on any power of ttorney r bond
<br />executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so executed,
<br />sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the
<br />Company.
<br />OOMLOO13 00-03 03 Page 1 of 2 Printed in U.S.A.
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