Extract to table

Individual claims for breaches of representations and warranties must exceed $75,000 per claim in order to count toward the aggregate basket

All claims for breaches of general representations must be asserted by written notice delivered prior to the expiration of the survival period

The retention represents the amount of aggregate losses that the named insured (Buyer) must absorb before the policy responds to any covered claim

The full $1,400,000 retention must be satisfied through actual indemnifiable losses before the policy becomes active

The policy period commences on the effective date (closing, August 8, 2023) and extends through the expiration of the applicable survival period for each category of representations and warranties: • General Representations: Claims must be first made and reported to Apex Mutual by February 8, 2025 (18 months post-closing)

• Fundamental Representations: Claims must be first made and reported to Apex Mutual by August 8, 2028 (60 months post-closing)