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DocuSign Envelope ID:A4C366A3-F5D9-473B-9218-AF49BCCA02E0 <br /> W1 I S <br /> Surplus Lines Placements <br /> If a surplus lines, non-admitted and/or non-licensed insurer was used to quote your <br /> coverage, their premium rates, coverage terms and policy forms are not regulated by your <br /> home state. Their premium is subject to a surplus lines premium tax which is in addition <br /> to the premium. In the event of insolvency you will not be indemnified by any state <br /> guaranty fund for unpaid claims. <br /> Claims <br /> We will inform you of the reporting requirements for claims, including where claims should <br /> be reported and the method of reporting to be used, if applicable. Please carefully review <br /> any claims-reporting instructions or information we provide. Failure to timely and properly <br /> report a claim may jeopardize coverage for the claim. In addition, you should retain copies <br /> of all insurance policies and coverage documents as well as claims-reporting instructions <br /> after termination of the policies because in some cases you may need to report claims after <br /> termination of a policy. <br /> Ethical Business Practice <br /> We do not tolerate unethical behavior either in our own activities or in those with whom we <br /> seek to do business. We will comply with all applicable laws,regulations, and rules. <br /> Sanctions <br /> The sanctions profile of different business(es) may differ on the basis of a number of <br /> complex factors. Whether a sanctions program applies to you depends on a number of <br /> factors, including your ownership structure, control, location, and the nationality of your <br /> employees. In certain circumstances, the United States and other countries prohibit or <br /> restrict companies from conducting business in certain jurisdictions (e.g. Cuba), and can <br /> sanction companies who conduct such business. We cannot advise on the applicability of <br /> sanctions programs either to you or to insurers nor can we guarantee or otherwise warrant <br /> the position of any insurer under existing or future sanctions programs. You should take <br /> legal advice as you deem appropriate in this regard. <br /> We will comply with all applicable sanctions programs and you are advised that, where <br /> obliged by law, we may have to take certain actions, including freezing of funds held on <br /> behalf of parties and individuals as required by sanctions programs. <br /> Intellectual Property <br /> Willis shall own and retain all right, title, and interest in and to the following <br /> (collectively, "Willis Property"): (i) all software, hardware, technology, documentation, <br /> and information provided by Willis in connection with the Claim and Risk Control <br /> Services; (ii) all ideas, know-how, methodology, models and techniques that may be <br /> developed, conceived, or invented by Willis during its performance under this <br /> US Retail Conditions Page 8 of 10 30 July 2014 <br />