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DocuSign Envelope ID:A4C366A3-F5D9-473B-9218-AF49BCCA02E0 <br /> W1 I S <br /> A carrier quote is an offer to provide coverage. Offers can be modified or withdrawn <br /> prior to your acceptance through your order to bind coverage. The quote itself is not a <br /> legally binding commitment or a confirmation of actual coverage. Should you choose to <br /> bind coverage, we will secure a formal commitment, typically in the form of a binder on <br /> a form issued or approved by the carrier(s) at issue. <br /> Compensation and Disclosure <br /> Willis is an insurance producer licensed to do business worldwide, including in all 50 <br /> states and the District of Columbia. Insurance producers are authorized by their license to <br /> work with insurance purchasers and discuss the benefits and terms and conditions of <br /> insurance contracts; to offer advice concerning the substantive benefits of particular <br /> insurance contracts; to sell insurance; and to obtain insurance for purchasers. The role of <br /> an insurance producer in any particular transaction involved one or more of these <br /> activities. <br /> The compensation that will be paid to Willis will vary based on the insurance contract it <br /> sells. Depending on the insurer and insurance contract you select, compensation may be <br /> paid by the insurer selling the insurance contract or by another third party. Such <br /> compensation may be contingent and may vary depending on a number of factors, <br /> including the insurance contract and insurer you select. In some cases, other factors such <br /> as the volume of business Willis provides to the insurer or the profitability of insurance <br /> contracts Willis provides to the insurer also may affect compensation. Willis may accept <br /> this compensation in locations where it is legally permissible, and meet standards and <br /> controls to address conflicts of interest. Because insurers account for contingent <br /> payments when developing general pricing, the price you pay for your policies is not <br /> affected whether Willis accepts contingent payments or not. If you prefer that we not <br /> accept contingent compensation related to your policy, we will request that your <br /> insurer(s) exclude your business from their contingent payment calculations. <br /> Upon request, Willis will provide you with additional information about the <br /> compensation Willis expects to receive based in whole or in part on your purchase of <br /> insurance, and (if applicable) the compensation expected to be received based in whole or <br /> in part on any alternative quotes presented to you. <br /> To the extent Willis is compensated by commissions paid to us by insurers, they will be <br /> earned for the entire policy period at the time we place policies for you. We will be paid <br /> the commission percentage stated for the placement of your insurance as indicated, and <br /> will receive the same commission percentage for all subsequent renewals of this policy <br /> unless we negotiate a different commission percentage with you. <br /> Willis negotiates commission rates with certain insurers on a corporate level. If the rate <br /> on your placement is lower than the negotiated rate, Willis will collect the difference <br /> directly from the insurer. These payments will not increase the cost of your insurance or <br /> otherwise impact your premium or rates. These negotiated rates are detailed at: <br /> http://www.willis.com/About®Willis/The Willis Wav/Commission Rates/. <br /> US Retail Conditions Page 4 of 10 30 July 2014 <br />