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FIDELITY BOND <br /> DEFINITIONS <br /> Employee - continued <br /> b. Employees of an institution merged with you prior to the effective date of this Bond. <br /> 3. For Employee Or Director Dishonesty Coverage only, "employee" also means: <br /> a. Persons retained by you to act on your behalf to collect the unpaid balance of your delinquent <br /> "loan" account; or <br /> b. Any "director" or person who meets the definition of "employee" in paragraph 1. above who <br /> handles funds or other property of any "employee benefit plan" owned, controlled or operated <br /> by you, while such "director" or person handles funds or other property of any such "employee <br /> benefit plan," or any other person who is a trustee, manager, officer or employee of any such <br /> "employee benefit plan." <br /> c. Persons you authorize, or persons employed by a partnership or corporation you authorize, to <br /> perform services as a data processor of your checks, drafts, share drafts, automated <br /> clearinghouse items, "accountholder" bill payments or accounting records and only while <br /> performing those services. All persons employed by any partnership or corporation you <br /> authorize to perform such services, including its partners, officers and employees, will <br /> collectively be considered one "employee" for all purposes of this Bond, except for the <br /> Termination Or Limitation Of Coverage For Employee Or Director Condition. However, the <br /> following processors, and the persons employed by them, will not be considered "employees" <br /> under this Bond: <br /> 1) Developers or modifiers of computer software programs; <br /> 2) A Federal Reserve Bank or a clearinghouse; or <br /> 3) A credit card or debit card processor. <br /> d. Retained accountants and their staff only while performing accounting services for you; <br /> e. Retained attorneys and their staff only while performing legal services for you; or <br /> f. "Servicing contractors." All persons employed by any "servicing contractor," including its <br /> partners, officers and employees,will collectively be considered one "employee" for all purposes <br /> of this Bond, except for the Termination Or Limitation Of Coverage For Employee Or Director <br /> Condition. <br /> 4. Unless specifically listed in paragraphs 1., 2. or 3. above, "employee" does not mean: <br /> a. Independent contractors; <br /> b. Agents,meaning persons authorized by you to act for you; <br /> c. Brokers; <br /> Bond 500 03 11 Copyright CUMIS Insurance Society, 009 2010 2011 Page 21 of 64 <br /> Y�Inc.,� � 9 <br />