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DocuSign Envelope ID:82FA214D-F8D2-4F89-9551-89D21AOA870C <br /> The Pharmacy +?l';<Earica Tmsfis*8 ince 190f" <br /> DATE: July 1, 2012 and continuous until cancelled <br /> FROM: Walgreens, its Affiliates, and Subsidiaries <br /> TO: To Whom It May Concern <br /> RE: PROFESSIONAL LIABILITY SELF-INSURANCE <br /> This letter is being provided in lieu of a certificate of insurance. <br /> Walgreens and its subsidiaries maintains a comprehensive program of commercial insurance <br /> above significant self-insured retentions. Many of our signed contracts, leases, and/or other <br /> agreements allow us the option to meet our professional liability insurance requirements by <br /> self-insuring rather than purchasing insurance in the commercial insurance market. This allows <br /> us to invest our premium dollars, enhancing shareholder value, while maintaining the ability to <br /> respond to our financial obligations on our own rather than through an insurance company. <br /> Our obligations to the business partners with whom we have contracted remain unchanged as if <br /> insurance is in place. Walgreens' Vendors, Clients, Customers, Owners, Landlords, Landlords <br /> Agent(s), Landlords Lender(s), Ground Lessor(s), and any other party who requires it, per the <br /> terms of a signed contract, lease, and/or agreement, are treated as Additional Insureds <br /> and when applicable, Loss Payee, as their interests may apply. A Waiver of Subrogation also <br /> applies, where applicable. <br /> Walgreens will not issue individualized evidence of insurance. The information posted <br /> on our website meets our obligations to provide insurance information under the terms of our <br /> contracts. <br /> PLEASE NOTE THAT THE TERMS OF OUR SI GNED CONTRACTS DEfERMI NE OUR FI NANCI AL <br /> OBLI GATI ONS TO COUNTERPARTI ES WHETHER I NSURANCE I S I N FORCE OR NOT. <br /> Please forward this letter to any party that may require the information as part of a signed <br /> contract, lease, and/or agreement with Walgreens. <br /> Sincerely, <br /> Walgreens <br /> Insurance & Risk Management Department <br />