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Policy Number: RLI Insurance Company <br />  <br />PPB 300 06 10 Page 1 of 1 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> <br />RLIPack® ERISA ENDORSEMENT <br /> <br /> <br />This endorsement modifies insurance provided under the following: <br /> <br />BUSINESSOWNERS COVERAGE FORM <br /> <br />SECTION I – PROPERTY, G. Optional Coverages, 2. <br />Employee Dishonesty of the Businessowners <br />Coverage Form is changed as follows: <br />Your Employee welfare or pension benefit plan(s) that <br />are subject to the Employee Retirement Income Security <br />Act of 1974 (hereinafter called Plan) are included as <br />insureds under the Employee Dishonesty coverage but <br />only to the extent provided in this endorsement. <br />In compliance with certain provisions of the Employee <br />Retirement Security Act of 1974 (ERISA): <br />1. “Employee” also includes any natural person who is; <br />a. A trustee, an officer, employee, administrator or <br />a manager, except an administrator or a <br />manager who is an independent contractor of <br />any Plan insured under this endorsement, and <br />b. Your director or trustee while that person is <br />handling “money”, “securities”, or other property <br />of any Plan insured under this endorsement. <br />2. If any Plan is insured jointly with any other entity <br />under this insurance, you or the Plan Administrator <br />must select a Limit of Insurance for ERISA <br />Employee Dishonesty that is sufficient to provide an <br />amount of insurance for each Plan that is at least <br />equal to that required if each Plan were separately <br />insured. <br />3. If the first Named Insured in the Declarations is an <br />entity other than a Plan, any payment we make to <br />that insured for loss sustained by a Plan will be held <br />by that Insured for the use and benefit of the Plan <br />sustaining the loss. <br />4. If two or more Plans are insured under this <br />endorsement, any payment we make for loss; <br />a. Sustained by two or more Plans; or <br />b. Of commingled “money”, “securities”, or other <br />property of two or more Plans; <br />that arises out of one occurrence is to be shared by <br />each Plan sustaining loss in the proportion that the <br />Limit of Insurance required for each Plan bears to <br />the total of those limits. <br />5. The Deductible applicable to Employee Dishonesty <br />does not apply to loss sustained by any Plan(s). <br />6. Any of your Plan(s) that meet the requirements of <br />ERISA is an insured under this endorsement. <br />7. The most we will pay for loss in any one occurrence <br />is the Limit of Insurance shown in the declarations. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED. <br /> <br />PSB0010943 Exhibit B <br />Docusign Envelope ID: 7D12103B-E5DC-46A2-B6BA-3BD5268ECDA5