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Policy Number: <br />Named Insured: <br />Endorsement Number: <br />Endorsement Effective: <br />P100.325.866.2 <br />KFB Management Inc. <br />23 <br />06/1112022 <br />Hiscox Insurance Company Inc. <br />THIS ENDORSEMENT IS ATTACHED TO AND MADE PART OF YOUR POLICY IN <br />RESPONSE TO THE DISCLOSURE REQUIREMENTS OF THE TERRORISM RISK <br />INSURANCE ACT. THIS ENDORSEMENT DOES NOT GRANT ANY COVERAGE OR <br />CHANGE THE TERMS AND CONDITIONS OF ANY COVERAGE UNDER THE POLICY. <br />A. Disclosure Of Premium <br />In accordance with the federal Terrorism Risk In- <br />surance Act, we are required to provide you with a <br />notice disclosing the portion of your premium, if <br />any, attributable to coverage for terrorist acts certi- <br />fied under the Terrorism Risk Insurance Act. The <br />portion of your premium attributable to such cov- <br />erage is shown In the Schedule of this endorse- <br />ment or in the policy Declarations. <br />B. Disclosure Of Federal Participation In Payment <br />Of Terrorism Losses <br />The United States Government, Department of the <br />Treasury, will pay a share of terrorism losses in- <br />sured under the federal program. The federal <br />share equals a percentage (as shown in Part II of <br />the Schedule of this endorsement or in the policy <br />Declarations) of that portion of the amount of such <br />insured losses that exceeds the applicable insurer <br />retention. However, if aggregate insured losses at- <br />tributable to terrorist acts certified under the Ter- <br />rorism Risk Insurance Act exceed $100 billion in a <br />calendar year, the Treasury shall not make any <br />payment for any portion of the amount of such <br />losses that exceeds $100 billion. <br />C. Cap On Insurer Participation In Payment Of <br />Terrorism Losses <br />If aggregate insured losses attributable to terrorist <br />acts certified under the Terrorism Risk Insurance <br />Act exceed $100 billion in a calendar year and we <br />have met our insurer deductible under the Terror- <br />ism Risk Insurance Act, we shall not be liable for <br />the payment of any portion of the amount of such <br />losses that exceeds $100 billion, and in such case <br />insured losses up to that amount are subject to pro <br />rate allocation in accordance with procedures es- <br />tablished by the Secretary of the Treasury. <br />t <br />Inta" ?aed it'%taa�am <br />rs�,n hw.wu�e,mx crenc�raae <br />IL 09 85 12 20 © Insurance Services Office, Inc., 2020 <br />