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03/18/2004 14:59 17145505044 MUNICIPALITY INS SVS PAGE 02/03 <br />MUNICIPALITY INSURANCE SERVICES, INC. <br />1910 E. 171m STREET, STE156 <br />SANTA ANA, G4 92705 n _ aDO _O /� <br />TEL: 1-800-410-0555 FAX: (714r)55O-5044 / t <br />LIC:0C04849 <br />March 19. 2004 <br />Dawns T. Whaley <br />20 Civic Center Plaza, M-28 <br />Santa Ana, CA 92701 <br />Attn: Rosa Flores <br />COMPANY: Tudor Insurance Company- Best Rated A+VIII <br />EFFECTIVE DATE: 03/01/04 - 03/01/05 <br />Polity: OEOP0024962 <br />COVERAGE: <br />Professional Liability - Claims Made Form <br />Retroactive Date: Inception of Policy <br />LIMITS: <br />51,000,000 Each Claim and aggregate including loss payments and/or expense. <br />DEDUCTIBLES: <br />$2,500 each claim, including loss payments and/or expense <br />PREMIUM- <br />S 1,595.00 Total Premium <br />S 250.00 Wholesale Processing Fee (Fully Earned) <br />S 100.00 Retail Broker Fee (Fully Earned) <br />S 47.85 State Tax 3.00X <br />3.59 Sump Fee 0.225% <br />S 1,90IL44 Tool Premium &Fees <br />TERMS AND CONDITIONS: <br />-Operations R Rating Buis: Payroll and Human Resource Consulting Services for others for a fee <br />-25% minimum arned premium in the event of cancellation <br />-Supplemental Endonement/Exalusions to policy wording: <br />Notice - Compliance with Terrorism Risk Insurance Act of 2002; Notice to California Policy Holders; Service of <br />Suit; Mold, Spores and/or Fungus Liability Exclusion; Nuclear Energy Liability Exclusion Endorsement; Pending <br />and Prior Litigation Exclusion; Bookkeepers; Data Processing Services Endorsement <br />EXCLUSIONS: Usual to policy wording including but not limited to the exclusions noted in Turns and Conditions <br />Best regards. <br />Ca+'tli Feost <br />President - MISI <br />n <br />