TERRORISM COVERAGE NOTICE - Lockton Outdoor

4. Additional CoveragesThe Limits of Insurance stated in the specific Additional Coverage apply as additional amounts of insurance,unless otherwise stated within the Additional Coverage.a. Claim Preparation ExpenseWe will pay for the actual and necessary expense you incur in preparing your claim when we require it.This includes the cost of taking inventories, making appraisals and preparing other documentation toshow the extent of loss. We will not pay for:(1) Any expenses incurred, directed, or billed by or payable to attorneys, insurance adjusters or theirassociates or subsidiaries;(2) Any costs as provided in the Loss Condition – Appraisal; or(3) Any expenses incurred, directed, or billed by or payable to insurance brokers or agents, or theirassociates or subsidiaries, without our written consent prior to such expenses being incurred.The most we will pay under this Additional Coverage in any one occurrence is 500.b. Earth MovementWe will pay for direct physical loss or damage to covered property caused by or resulting from earthmovement. The most we will pay under this Additional Coverage in any one occurrence regardless ofthe types or number of items lost or damaged or locations involved is 30,000. This limit is part of anddoes not increase the Limit of Insurance applicable to Covered Property. Unscheduled propertyremains limited to a maximum per item payment of 2,500 as described in Section E. AdditionalConditions, Paragraph – “Unscheduled Items and Related Items”. Exclusion B.1.a. – EarthMovement still applies except to the extent that coverage is provided under this Additional Coverage.c. Fire or Police Department Service ChargeWe will pay your liability for fire, police or other public emergency service department charges whensuch public emergency services are called to save or protect Covered Property from a Covered Causeof Loss. Such emergency service department charges must be:(1) Assumed by contract or agreement prior to loss or damage; or(2) Required by local ordinance.The most we will pay under this Additional Coverage in any one occurrence is 500. No deductibleapplies to this Additional Coverage.d. Fire Protective Systems(1) We will pay the actual expenses you incur to recharge or refill any hand-held or automatic fireextinguishing system when the system is discharged:a. To fight a fire;b. As a result of a Covered Cause of Loss; orc. By accident(2) We will not pay for any recharge or refill expenses you incur as a result of:a. Testing, maintenance or demonstration of any firefighting device or system; orb. The enforcement of any ordinance or law that regulates the recharging, repair or replacementof any firefighting device or system.The most we will pay under this Additional Coverage in any one occurrence is 500.LO 02 02 12 20Page 2 of 8

e. FloodWe will pay for direct physical loss or damage to covered property caused by or resulting from flood.The most we will pay under this Additional Coverage in any one occurrence regardless of the types ornumber of items lost or damaged or locations involved is 30,000. This limit is part of and does notincrease the Limit of Insurance applicable to Covered Property. Unscheduled property remains limitedto a maximum per item payment of 2,500 as described in Section E. Additional Conditions,Paragraph 6b – Unscheduled Items and Related Items. Exclusion B.1.b. – Flood still applies exceptto the extent that coverage is provided under this Additional Coveragef.Newly Acquired PropertyIf during the policy period you acquire additional property of a type already covered by this CoverageForm, we will cover such equipment for up to 180 days after you acquire the property, but not beyondthe end of the policy period.You will report values of such property to us within 180 days from the date you take possession andwill pay any additional premium due. If you do not report such property, coverage will ceaseautomatically 180 days after the date the property is acquired or at the end of the policy period,whichever occurs first.The most we will pay under this Additional Coverage in any one occurrence is 25% of the applicableLimit of Insurance, but not more than the Newly Acquired Property Limit of Insurance shown in theDeclarations. This limit applies to any one occurrence, regardless of the types or number of items lostor damaged in that occurrence.g. Reward CoverageWe will reimburse you for reward expenses you have incurred for information leading to the return ofstolen Covered Property to a law enforcement agency; or the arrest and conviction of any person whohas damaged or stolen any of your Covered Property.The most we will pay under this Additional Coverage in any one occurrence is 500. Any rewardpayments you make must be documented. No deductible applies to this Additional Coverage.h. Worldwide CoverageWe cover property while located, or being transported by air, anywhere in the world, for any trip up toa maximum of sixty (60) days per trip and up to a maximum sum incurred of 10,000. This insurancedoes not apply:(1) If loss or damage occurs in a country or jurisdiction in which we are not licensed to providethis insurance and that insuring such loss would violate the laws or regulations of suchcountry or jurisdiction; or(2) If loss or damage exposes us or any of our affiliated or parent companies to any trade or economicsanction under any law or regulation of the United States of America; or any other applicable tradeor economic sanction prohibition or restriction.5. Territorial Limits"We" cover property while it is in the United States of America, its territories and possessions, U.SVirgin Islands or as provided under section A.4. Additional Coverages, h. Worldwide Coverage.LO 02 02 12 20Page 3 of 8

B. EXCLUSIONS1. Loss or damage caused directly or indirectly by any of the following. Such loss or damage is excludedregardless of any other cause or event that contributes concurrently or in any sequence to the loss ordamage.a. Earth MovementExcept as provided under Additional Coverages – Earth Movement, we do not pay for loss or damagecaused directly or indirectly by earth movement. As used in this exclusion, earth movement means anyof the following, all whether naturally occurring or due to man-made or other artificial causes:(1) Earthquake, including tremors and aftershocks and any earth sinking, rising or shifting related tosuch event;(2) Landslide, including any earth sinking, rising or shifting related to such event;(3) Mine subsidence, meaning subsidence of a man-made mine, whether or not mining activity hasceased;(4) Earth sinking (other than sinkhole collapse), rising or shifting; or(5) Volcanic eruption, explosion or effusion.This exclusion does not apply to Property in Transit.b. FloodExcept as provided under Additional Coverages – Flood, we do not pay for loss or damage causeddirectly or indirectly by flood. As used in this exclusion, flood means any of the following, all whethernaturally occurring or due to man-made or other artificial causes:(1) Flood, surface water, waves (including tidal wave and tsunami), tides, tidal water, overflow of anybody of water, or spray from any of these, all whether or not driven by wind (including storm surge);(2) Mudslide or mudflow;(3) Water that backs up or overflows or is otherwise discharged from a sewer, drain, sump, sump pumpor related equipment;(4) Water under the ground surface pressing on, or flowing or seeping through:a. Foundations, walls, floors or paved surfaces;b. Basements, whether paved or not; orc. Doors, windows or other openings; or(5) Waterborne material carried or otherwise moved by any of the water referred to in Paragraphs (1)or (4) above, or material carried or otherwise moved by mudslide or mudflow.This exclusion does not apply to Property in Transit.c. Governmental ActionSeizure or destruction of property by order of governmental authority. Confiscation by order of anygovernment or public authority and risks of contraband or illegal transportation or trade. This exclusionshall not be construed to apply to damage or destruction by civil authority during a conflagration andfor the purpose of retarding the same, provided neither such conflagration nor such damage ordestruction is caused or contributed to by war.But we will pay for loss or damage caused by or resulting from acts of destruction ordered bygovernmental authority and taken at the time of a fire to prevent its spread if the fire would be coveredunder this Coverage Form.LO 02 02 12 20Page 4 of 8

d. Nuclear HazardNuclear reaction or radiation, or radioactive contamination, however caused.But if nuclear reaction or radiation, or radioactive contamination results in fire, we will pay for the directloss or damage caused by that fire if the fire would be covered under this Coverage Form.e. War and Military Action(1) War, including undeclared or civil war;(2) Warlike action by a military force, including action in hindering or defending against an actual orexpected attack, by any government, sovereign or other authority using military personnel or otheragents; or(3) Insurrection, invasion, seizure or destruction under quarantine or customs regulations, invasion,hostilities, rebellion, insurrection or warlike operations. This exclusion shall not be affected by anyendorsement which does not specifically refer to it, rebellion, revolution, usurped power, or actiontaken by governmental authority in hindering or defending against any of these.Exclusions B.1.a. through B.1.e. apply whether or not the loss event results in widespread damage oraffects a substantial area.2. Loss or damage caused by or resulting from any of the following:a. Delay, loss of use, or any other consequential loss.b. Dishonest or criminal act (including theft) committed by:(1) You, any of your partners, employees (including temporary employees and leased workers),officers, directors, trustees, or authorized representatives;(2) A manager or a member if you are a limited liability company; or(3) Anyone else with an interest in the property, or their employees (including temporary employeesand leased workers) or authorized representatives;whether acting alone or in collusion with each other or with any other party.This exclusion applies whether or not an act occurs during your normal hours of operation.This exclusion does not apply to acts of destruction by your employees (including temporary employeesand leased workers) or authorized representatives; but theft by your employees (including temporaryemployees and leased workers) or authorized representatives is not covered.c. Damage or destruction caused by strikers, locked out workers, or persons taking part in labordisturbances, riotsd. Discharge, dispersal, seepage, migration, release or escape of “pollutants” unless the discharge,dispersal, seepage, migration, release or escape is itself caused by any of the “specified causes ofloss”. But if the discharge, dispersal, seepage, migration, release or escape of “pollutants” results in a“specified cause of loss”, we will pay for the loss or damage caused by that “specified cause of loss”.e. Any act an insured commits or conspires to commit with the intent to cause a loss.In the event of such loss, no insured is entitled to coverage, including insureds who did not commit orconspire to commit the act causing the loss.f.Theft of Covered Property from an unattended vehicle, unless at the time of the theft, all the vehicle'sdoors, windows and compartments were closed and locked and there are visible signs that the theftwas a result of forced entry. This exclusion does not apply to any carrier for hire, hired the services ofa commercial shipper, airline, train, bus line, or similar service provider to transport covered property.g. Voluntary parting with any property by you or anyone else to whom you have entrusted the property.h. Any repair process, restoration, cleaning or retouching, or work on the property.i.Damage to clips, magazines, holsters and gun cases unless the “firearm” they are used with is part ofthe loss claimed.LO 02 02 12 20Page 5 of 8

3. We will not pay for loss or damage caused by or resulting from any of the following. But if loss or damageby a Covered Cause of Loss results, we will pay for the loss or damage caused by that Covered Cause ofLoss.a. Any quality in the property that causes it to damage or destroy itself, hidden or latent defect, gradualdeterioration.b. Insects, birds, rodents or other animals.c. Wear and tear.d. Loss or damage caused by or resulting from mold or mildew.e. Loss or damage due to or resulting from mysterious disappearance or glass breakagef.Loss or damage to a “firearm” resulting from it being loaded or firedg. Caused by bursting or bulging gun barrels, faulty ammunition, rust, fouling, marring, scratching, wear,tear or gradual deterioration, mechanical breakdown, malfunction or defect, or loss caused by or duringany process of repairing, refinishing or renovation.C. LIMITS OF INSURANCEThe most we will pay for loss or damage in any one occurrence is the applicable Limit of Insurance shown inthe Declarations.1. At Your Location;2. At Any Other Location;3. In Transit; and4. Any One Occurrence.D. DEDUCTIBLEWe will not pay for loss or damage in any one occurrence until the amount of the adjusted loss or damagebefore applying the applicable Limits of Insurance exceeds the applicable Deductible shown in the Declarationsor endorsement. We will then pay the amount of the adjusted loss or damage in excess of the applicableDeductible, up to the applicable Limit of Insurance.The Deductible shown in the Declarations applies to the Additional Coverages, unless otherwise stated withinthe specific Additional Coverage, but if loss or damage involves more than one Coverage or AdditionalCoverage under this coverage form, we will deduct only the largest applicable deductible.E. ADDITIONAL CONDITIONSThe following conditions apply in addition to the CONDITIONS in the COMMERCIAL INLAND MARINECommon Policy Conditions:1. Buy Back AgreementIf we pay you for property and that property is recovered, you have the right to buy that property from us.The buy-back price of such property will be the “fair market value” of the damaged property on the date ofyour purchase. We will attempt to notify you of any damaged or recovered property you may buy back.You will have 65 days from the mailing date of the notice to repurchase the property.2. Deductible Waiver – Property in TransitNo deductible shall apply to property in transit by the United States Postal Service or other common orcontract carrier, when such property is insured with the carrier for an amount equal or greater than thedeductible shown in the Declarations.3. Minimum PremiumYou must pay at least the minimum premium shown in the Declarations.LO 02 02 12 20Page 6 of 8

4. Pair or SetsThe Pair, Sets or Parts LOSS CONDITION in the COMMERCIAL INLAND MARINE CONDITIONS isreplaced by the following:Pair or SetsIn case of a total loss or damage to any part of a pair or set we will pay the Limit of Insurance applicable tothat pair or set. You will surrender to us the remaining items of the pair or set.In case of a partial loss to any part of a pair or set, we may:Repair or replace any part to restore the pair or set to its value before the loss or damage; orPay the difference between the value of the pair or set before and after the loss.5. Records and InventoryYou agree to maintain detailed and accurate records and inventory of all Covered Property including thelocation of the property. You will make such records and inventory available to us at any reasonable timethat we may request. You also agree to retain such records and inventory for three years after the end ofthe policy period.6. ValuationThe VALUATION GENERAL CONDITION in the COMMERCIAL INLAND MARINE CONDITONS isreplaced by the following:ValuationIn the event of loss or damage, we will determine the value of Covered Property at the time of loss ordamage as follows:a. Scheduled ItemsThe value of each item that is individually listed and described is the amount shown for that item in theDeclarations, or on the most current schedule you provided and that is on file with us, not to exceedthe “fair market value”.But if a Scheduled Item describes a group of items by general type, category or location, any one itemwill be valued at “fair market value”, not to exceed the Limit of Insurance applying to such group ofitems.b. Unscheduled Items and Related ItemsThe value of any unscheduled item will be the “fair market value” of the item(s) sustaining loss ordamage.The most we will pay for any one unscheduled item will not exceed the Limit of Insurance or 2,500per item for Any One Unscheduled Item shown in the Declarations.We will settle your claim on a “fair market value” basis and not pay on a replacement cost or actualcash value basis for any loss or damagec. AccessoriesThe value of “accessories” will be the cost to replace (without deduction for depreciation) the lost ordamaged property, but we will not pay more for loss or damage on a replacement cost basis than theleast of the following:(1) The Limit of Insurance applicable to the lost or damaged Covered Property;(2) The cost to replace such property with other property of similar quality and capability and used forthe same purpose; or(3) The amount you actually spend to repair or replace the lost or damaged Covered Property withother property of similar quality and capability and used for the same purpose.If the lost or damaged Covered Property is not repaired or replaced within 180 days of the date of lossor damage, we will value the property on an actual cash value basis.LO 02 02 12 20Page 7 of 8

d. Diminution in ValueThe following is added to Part E. LOSS PAYMENT in the COMMERCIAL INLAND MARINECONDITIONS:Any loss payment we make for covered loss or damage to Covered Property will include any reductionin value between the value of the property prior to loss or damage and the value of the property afterrepair or restoration following loss or damage.7. Reassignment or Transfer of Policy Not AllowedThe policy shall be null and void if reassigned or transferred to another Named Insured.F. DEFINITIONS1. “Firearm” shall mean a weapon from which a shot is discharged by gun powder or a weapon from whicha projectile is discharged by pressure of compressed air.2. “Accessories” shall mean scopes, rings, mounts, slings, sling swivels and suppressors which are attachedto the insured “firearm”. “accessories” also include:a. unscheduled additional barrels with a maximum value of 1,000 per item,b. scheduled additional barrels with an agreed upon value, andc. traps used to capture fur-bearing animals.Unscheduled “firearms” and “accessories” do not include ammunition.3. "Fair market value" means the price at which property would change hands between a willing buyer andseller, each having reasonable knowledge of all the pertinent facts and neither being under pressure to buyor sell.4. “Pollutants” means any solid, liquid gaseous or thermal irritant or contaminant, including smoke, vapor,soot, fumes, acids, alkali

Lockton Affinity, LLC 844-401-9444 Item 4. Producer Lockton Affinity, LLC 10895 Lowell Avenue, Suite 300 Overland Park, KS 66210 IN RETURN FOR THE PAYMENT OF THE PREMIUM, AND SUBJECT TO ALL THE TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY. Item 5. Premium Coverage Premium 228.00