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DocuSign Envelope ID:24BBAFA9-CD81-4144-ACEF-E9036E703739 <br /> Effective date of this Endorsement: 03-Jul-2021 <br /> This Endorsement is attached to and forms a part of Policy Number: VG00003589AB <br /> Beazley Insurance Company, Inc.referred to in this endorsement as either the "Insurer" or the "Underwriters" <br /> AMEND DEFINITION OF FRAUDULENT INSTRUCTION <br /> This endorsement modifies insurance provided under the following: <br /> Beazley MediaTech <br /> In consideration of the premium charged for the Policy, it is hereby understood and agreed that the <br /> definition of Fraudulent Instruction is deleted in its entirety and replaced with the following: <br /> Fraudulent Instruction means the transfer, payment or delivery of Money or Securities by an <br /> Insured as a result of fraudulent written, electronic, telegraphic, cable, teletype or telephone <br /> instructions provided by a third party, that is intended to mislead an Insured through the <br /> misrepresentation of a material fact which is relied upon in good faith by such Insured. <br /> Fraudulent Instruction will not include loss arising out of: <br /> 1. any actual or alleged use of credit, debit, charge, access, convenience, customer <br /> identification or other cards; <br /> 2. any transfer involving a third party who is not a natural person Insured, but had <br /> authorized access to the Insured's authentication mechanism; <br /> 3. the processing of, or the failure to process, credit, check, debit, personal identification <br /> number debit, electronic benefit transfers or mobile payments for merchant accounts; <br /> 4. accounting or arithmetical errors or omissions, or the failure, malfunction, inadequacy <br /> or illegitimacy of any product or service; <br /> 5. any liability to any third party, or any indirect or consequential loss of any kind; <br /> 6. any legal costs or legal expenses; or <br /> 7. proving or establishing the existence of Fraudulent Instruction. <br /> All other terms and conditions of this Policy remain unchanged. <br /> Authorized Representative <br /> E12266 Page 1 of 1 <br /> 022019 ed. <br />