<SEC-DOCUMENT>0001193125-12-420011.txt : 20121010
<SEC-HEADER>0001193125-12-420011.hdr.sgml : 20121010
<ACCEPTANCE-DATETIME>20121010170925
ACCESSION NUMBER:		0001193125-12-420011
CONFORMED SUBMISSION TYPE:	40-17G
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20121010
DATE AS OF CHANGE:		20121010
EFFECTIVENESS DATE:		20121010

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Blackstone / GSO Senior Floating Rate Term Fund
		CENTRAL INDEX KEY:			0001486298
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-22393
		FILM NUMBER:		121138247

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-503-2100

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17G
<SEQUENCE>1
<FILENAME>d422629d4017g.htm
<DESCRIPTION>BLACKSTONE / GSO SENIOR FLOATING RATE TERM FUND
<TEXT>
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<TITLE>Blackstone / GSO Senior Floating Rate Term Fund</TITLE>
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 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">October&nbsp;10, 2012 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I><U>VIA EDGAR</U> </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Securities and Exchange Commission </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 F Street N.E. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Washington, DC&nbsp;20549
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Blackstone / GSO Senior Floating Rate Term Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Investment Company Act of 1940&#151;Rule 17g-1(g) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Bonding of
Officers and Employees </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Blackstone / GSO Senior Floating Rate Term Fund File No.&nbsp;811-22393 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">To whom it may concern: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pursuant to Rule 17g-1(g)(1) under the Investment Company Act of 1940, enclosed herewith please find a copy of the financial institution
bond (the &#147;Bond&#148;) in favor of Blackstone / GSO Senior Floating Rate Term Fund (&#147;Fund&#148;), and resolutions relating to this Bond. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The term of the Bond is May&nbsp;25, 2012 through May&nbsp;25, 2013, and the premium for the Bond has been paid through May&nbsp;25, 2013. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Note this is a joint policy with the Blackstone / GSO Long-Short Credit Income Fund and Blackstone / GSO Strategic Credit Fund. If the
Fund were to maintain its own single insured bond instead of being a named insured in the joint bond, the limit of liability of such bond would have to be at least $750,000. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Please call me at (212)&nbsp;503-2100 if you have any questions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Very truly
yours, </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Marisa J. Beeney</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Marisa J. Beeney</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">Secretary</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Enclosures</I> </FONT></P>

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<TD VALIGN="top" STYLE="BORDER:2px solid #b2b2b2; padding-left:8px; padding-right:8px"> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>FINANCIAL INSTITUTION BOND</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Standard Form No.&nbsp;14, Revised to October, 1987</FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px" align="left">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Bond No. RNN757521/01/2012</B></FONT></P>
<P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px" align="left">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B><B>Axis Reinsurance Company</B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px" align="left">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">(Herein called Underwriter)</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px" align="left">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>DECLARATIONS</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;1. </B>Name of Insured (herein called Insured):</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">Blackstone/GSO Long-Short Credit Income Fund</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Blackstone/GSO Senior Floating Rate Term Fund</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Blackstone/GSO Strategic Credit Fund</FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px" align="left">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Principal Address:</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">280 Park
Avenue</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">New York, NY 10017</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;2.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B>Bond Period: from 12:01 a.m. on</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">May&nbsp;25, 2012</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">to 12:01 a.m. on</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">May&nbsp;25, 2013</FONT></TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">(MONTH, DAY, YEAR)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">(MONTH, DAY, YEAR)</FONT></TD></TR>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">standard time.</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;3.</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="7" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The Aggregate Liability of the Underwriter during the Bond Period shall be</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2">$ N/A</FONT></P></TD></TR>
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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;4.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="7"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Subject to Sections 4 and 11 hereof,</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">the Single Loss Limit of Liability is $ <U>4,000,000</U></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2">and the Single Loss Deductible is $ <U>25,000</U></FONT></P></TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="7"> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Provided, however, that if any amounts are
inserted below opposite specified Insuring Agreements or Coverage, those amounts shall be controlling. Any amount set forth below shall be part of and not in addition to amounts set forth above. (If an Insuring Agreement or Coverage is to be
deleted, insert &#147;Not Covered.&#148;)</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top" NOWRAP> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Amount applicable to:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">Single&nbsp;Loss<BR>Limit&nbsp;of&nbsp;Liability</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">Single&nbsp;Loss</FONT><br><FONT STYLE="font-family:ARIAL" SIZE="2">Deductible</FONT></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (A)-FIDELITY</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;0</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (B)-ON PREMISES</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;25,000</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (C)-IN TRANSIT</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;25,000</FONT></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (D)-FORGERY OR ALTERATION</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;25,000</FONT></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (E)-SECURITIES</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;25,000</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (F)-COUNTERFEIT CURRENCY</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;25,000</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;Insuring Agreement (G)-COMPUTER FRAUD</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">$&nbsp;&nbsp;25,000</FONT></TD></TR>
</TABLE> <P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">If &#147;Not Covered&#148; is inserted above opposite any specified Insuring Agreement or Coverage, such Insuring Agreement or
Coverage and any other reference thereto in this bond shall be deemed to be deleted therefrom.</FONT></P></TD></TR>
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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;5.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B>The liability of the Underwriter is subject to the terms of the following riders attached hereto:</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">1.&nbsp;ERISA Compliance Rider (as expiring);</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">2.&nbsp;Central
Handling of Securities- (All Depositories &#150; as expiring)</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">3.&nbsp;Amend Discovery to Risk
Management, Human Resources, General Counsel, or Internal Audit Department (as expiring);</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">4.&nbsp;Amend Insuring Agreement F to money issued by any country (as expiring);</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">5.&nbsp;Amend Definition of Employee to comply with the Investment Company Act of 1940 (as
expiring).</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px" align="left"><FONT SIZE="1">&nbsp;</FONT></P></TD></TR>
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<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></P></TD>
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<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;6.</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">The Insured by the acceptance of this bond gives notice to the Underwriter terminating or canceling prior bond(s) or policy(ies) No.(s) <U>N/A</U> such
termination or cancelation to be effective as of the time this bond becomes effective.</FONT></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify">


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<TD VALIGN="top"></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">June&nbsp;18, 2012</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Authorized Representative</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Date</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">IN WITNESS WHEREOF, the Company has caused
the facsimile signatures of its President and secretary to be affixed hereto, and has caused this policy to be signed on the Declarations Page by an authorized representative of the Company. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>AXIS Reinsurance Company </B></FONT></P>
<P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Kevin Markowski</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Andrew Weissert</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>President</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Secretary</B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:120px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">The Underwriter, in consideration of an agreed premium, and in reliance upon all statements made and information furnished to the Underwriter by
the Insured in applying for this bond, and subject to the Declarations, Insuring Agreements, General Agreements, Conditions and Limitations and other terms hereof, agrees to indemnify the Insured for: </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>INSURING AGREEMENTS </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;
</P><DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">FIDELITY </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(A) Loss resulting directly from dishonest or fraudulent acts committed by an Employee acting alone or in collusion with others. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Such dishonest or fraudulent acts must be committed by the Employee with the manifest intent: </FONT></P>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">to cause the Insured to sustain such loss; and </FONT></P></TD></TR></TABLE>
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<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">to obtain financial benefit for the Employee and which, in fact, result in obtaining such benefit. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">As used in this Insuring Agreement, financial benefit does not include any employee benefits earned in the normal course of
employment, including salaries, commissions, fees, bonuses, promotions, awards, profit sharing or pensions.
</FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">ON PREMISES </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TR VALIGN="TOP">
<TD WIDTH="7%"> <P STYLE="margin-bottom:1px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(B)&nbsp;&nbsp; </FONT></P></TD>
<TD WIDTH="3%" VALIGN="Top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;Loss of Property resulting directly from </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">robbery, burglary, misplacement, mysterious unexplainable disappearance and damage thereto or destruction thereof, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">theft, false pretenses, common-law or statutory larceny, committed by a person present in an office or on the premises of the Insured,
</FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">while the Property is lodged or deposited within offices or premises located anywhere. </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;Loss of or damage to </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">furnishings, fixtures, supplies or equipment within an office of the Insured covered under this bond resulting
</FONT></P></TD></TR></TABLE></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>

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<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Page 2 of 8</FONT></P></TD>
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<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></TD></TR></TABLE>


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<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">directly from larceny or theft in, or by burglary or robbery of, such office, or attempt thereat, or by vandalism or malicious mischief, or
</FONT></P></TD></TR></TABLE>
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<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">such office resulting from larceny or theft in, or by burglary or robbery of such office or attempt thereat, or to the interior of such office by vandalism or
malicious mischief. </FONT></P></TD></TR></TABLE>
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<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">provided that </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the Insured is the owner of such furnishings, fixtures, supplies, equipment, or office or is liable for such loss or damage, and </FONT></P></TD></TR></TABLE>

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<TD WIDTH="21" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the loss is not caused by fire. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1">IN TRANSIT </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(C) Loss of Property resulting directly from robbery, common-law or
statutory larceny, theft, misplacement, mysterious unexplainable disappearance, being lost or made away with, and damage thereto or destruction thereof, while the Property is in transit anywhere in the custody of </FONT></P>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a natural person acting as a messenger of the Insured (or another natural person acting as messenger or custodian during an emergency arising from the
incapacity of the original messenger), or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a Transportation Company and being transported in an armored motor vehicle, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a Transportation Company and being transported in a conveyance other than an armored motor vehicle provided that covered Property transported in such manner
is limited to the following: </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">records, whether recorded in writing or electronically, and </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Certified Securities issued in registered form and not endorsed, or with restrictive endorsements, and
</FONT></P></TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(iii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Negotiable Instruments not payable to bearer, or not endorsed, or with restrictive endorsements. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Coverage under this Insuring Agreement begins immediately upon the receipt of such Property by the natural person or
Transportation Company and ends immediately upon delivery to the designated recipient or its agent. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">FORGERY OR ALTERATION </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(D) Loss resulting directly from </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(1) Forgery or alteration of, on or in any Negotiable Instrument (except an Evidence of Debt), Acceptance, Withdrawal Order, receipt for the withdrawal of Property, Certificate of Deposit or Letter of Credit.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(2) transferring, paying or delivering any funds or Property or establishing any credit or giving any value on the
faith of any written instructions or advices directed to the Insured and authorizing or acknowledging the transfer, payment, delivery or receipt of funds or Property, which instructions or advices purport to have been signed or endorsed by any
customer of the Insured or by any financial institution but which instructions or advices either bear a signature which is a Forgery or have been altered without the knowledge and consent of such customer or financial institution. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">A mechanically reproduced facsimile signature is treated the same as a handwritten signature. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">SECURITIES </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(E)
Loss resulting directly from the insured having, in good faith, for its own account or for the account of others </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)
acquired, sold or delivered, or given value, extended credit or assumed liability, on the faith of, any original </FONT></P>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Certificated Security, </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">deed, mortgage or other instrument conveying title to, or creating or discharging a lien upon, real property, </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Evidence of Debt, </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Instruction to a Federal Reserve Bank of the United States, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Statement of Uncertificated Security of any Federal Reserve Bank of the United States </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">which </FONT></P>
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<TR>
<TD WIDTH="87"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="21" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">bears a signature of any maker, drawer, issuer, endorser, assignor, lessee, transfer agent, registrar, acceptor, surety, guarantor, or of any person signing
in any other capacity which is a Forgery, or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="87"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="21" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">is altered, or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="87"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="21" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(iii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">is lost or stolen; </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(2) guaranteed in writing or witnessed any signature upon any transfer, assignment, bill of sale, power of attorney, Guarantee, or any items listed in (a)&nbsp;through (c)&nbsp;above. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(3) acquired, sold or delivered, or given value, extended credit or assumed liability, on the faith of any item listed in
(a)&nbsp;and (b)&nbsp;above which is a Counterfeit. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">A mechanically reproduced facsimile signature is treated the same
as a handwritten signature. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">COUNTERFEIT CURRENCY </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(F) Loss resulting directly from the receipt by the Insured, in good faith, of any Counterfeit Money of the United States of
America, Canada or of any other country in which the Insured maintains a branch office. </FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>
 <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>GENERAL AGREEMENTS
</B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;
</P><DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">NOMINEES </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">A. Loss sustained by any nominee organized by the Insured for the purpose of handling certain of its business transactions and composed exclusively of its Employees shall, for all the purposes of this bond and
whether or not any partner of such nominee is implicated in such loss, be deemed to be loss sustained by the Insured. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">ADDITIONAL OFFICES
OR EMPLOYEES&#151;CONSOLIDATION, MERGER OR PURCHASE OF ASSETS&#151;NOTICE </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">B. If the Insured shall, while this bond is
in force, establish any additional offices, other than by consolidation or merger with, or purchase or acquisition of assets or liabilities of, another institution such offices shall be automatically covered hereunder from the date of such
establishment without the requirement of notice to the Underwriter or the payment of additional premium for the remainder of the premium period.
</FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">If the Insured shall, while this bond is in force, consolidate or merge with, or
purchase or acquire assets or liabilities of, another institution, the Insured shall not have such coverage as is afforded under this bond for loss which </FONT></P>
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<TR>
<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">has occurred or will occur in offices or premises, or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">has been caused or will be caused by an employee or employees of such institution, or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">has arisen or will arise out of the assets or liabilities </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="21" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">acquired by the Insured as a result of such consolidation, merger or purchase or acquisition of assets or liabilities unless the Insured shall
</FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">give the Underwriter written notice of the proposed consolidation, merger or purchase or acquisition of assets or liabilities prior to the proposed effective
date of such action and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">obtain the written consent of the Underwriter to extend the coverage provided by this bond to such additional offices or premises, Employees and other
exposures, and </FONT></P></TD></TR></TABLE></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Page 3 of 8</FONT></TD></TR></TABLE>


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<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(iii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">upon obtaining such consent, pay to the Underwriter an additional premium. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">CHANGE OF CONTROL&#151;NOTICE </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">C. When the Insured learns of a change in control, it shall give written notice to the Underwriter. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">As used in this General Agreement, control means the power to determine the management or policy of a controlling holding company or the Insured by virtue of voting stock ownership. A change in ownership of voting
stock which results in direct or indirect ownership by a stockholder or an affiliated group of stockholders of ten percent (10%)&nbsp;or more of such stock shall be presumed to result in a change of control for the purpose of the required notice.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Failure to give the required notice shall result in termination of coverage for any loss involving a transferee, to be
effective upon the date of the stock transfer. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">REPRESENTATION OF INSURED </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">D. The Insured represents that the information furnished in the application for this bond is complete, true and correct. Such
application constitutes part of this bond. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Any misrepresentation, omission, concealment or incorrect statement of a
material fact, in the application or otherwise, shall be grounds for the rescission of this bond. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">JOINT INSURED </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">E. If two or more Insureds are covered under this bond, the first named Insured shall act for all Insureds. Payment by the
Underwriter to the first named Insured of loss sustained by any Insured shall fully release the Underwriter on account of such loss. If the first named Insured ceases to be covered under this bond, the Insured next named shall thereafter be
considered as the first named Insured. Knowledge possessed or discovery made by any Insured shall constitute knowledge or discovery by all Insureds for all purposes of this bond. The liability of the Underwriter for loss or losses sustained by all
Insureds shall not exceed the amount for which the Underwriter would have been liable had all such loss or losses been sustained by one Insured.
</FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">NOTICE OF LEGAL PROCEEDINGS AGAINST INSURED&#151;ELECTION TO DEFEND </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">F. The Insured shall notify the Underwriter at the earliest practicable moment, not to exceed 30 days after notice thereof, of any
legal proceeding brought to determine the Insured&#146;s liability for any loss, claim or damage, which, if established, would constitute a collectible loss under this bond. Concurrently, the Insured shall furnish copies of all pleadings and
pertinent papers to the Underwriter. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">The Underwriter, at its sole option, may elect to conduct the defense of such
legal proceeding, in whole or in part. The defense by the Underwriter shall be in the Insured&#146;s name through attorneys selected by the Underwriter. The Insured shall provide all reasonable information and assistance required by the Underwriter
for such defense. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">If the Underwriter elects to defend the Insured, in whole or in part, any judgment against the
Insured on those counts or causes of action which the Underwriter defended on behalf of the Insured or any settlement in which the Underwriter participates and all attorneys&#146; fees, costs and expenses incurred by the Underwriter in the defense
of the litigation shall be a loss covered by this bond. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">If the Insured does not give the notices required in
subsection (a)&nbsp;of Section&nbsp;5 of this bond and in the first paragraph of this General Agreement, or if the Underwriter elects not to defend any causes of action, neither a judgment against the Insured, nor a settlement of any legal
proceeding by the Insured, shall determine the existence, extent or amount of coverage under this bond for loss sustained by the Insured, and the Underwriter shall not be liable for any attorneys&#146; fees, costs and expenses incurred by the
Insured. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">With respect to this General Agreement, subsections (b)&nbsp;and (d)&nbsp;of Section&nbsp;5 of this bond
apply upon the entry of such judgment or the occurrence of such settlement instead of upon discovery of loss. In addition, the Insured must notify the Underwriter within 30 days after such judgment is entered against it or after the Insured settles
such legal proceeding, and, subject to subsection (e)&nbsp;of Section&nbsp;5, the Insured may not bring legal proceedings for the recovery of such loss after the expiration of 24 months from the date of such final judgment or settlement.
</FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>
 <P STYLE="font-size:60px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:30px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>CONDITIONS AND LIMITATIONS
</B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;
</P><DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">DEFINITIONS </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;1. As used in this bond: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(a) Acceptance means a draft which the drawee
has, by signature written thereon, engaged to honor as presented. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(b) Certificate of Deposit means an acknowledgment
in writing by a financial institution of receipt of Money with an engagement to repay it. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(c) Certificated Security
means a share, participation or other interest in property of or an enterprise of the issuer or an obligation of the issuer, which is: </FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">represented by an instrument issued in bearer or registered form; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">of a type commonly dealt in on securities exchanges or markets or commonly recognized in any area in which it is issued or dealt in as a medium for
investment; and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">either one of a class or series or by its terms divisible into a class or series of shares, participations, interests or obligations.
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(d) Counterfeit means an imitation of an actual valid original which is intended to deceive and to
be taken as the original. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(e) Employee means </FONT></P>
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<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a natural person in the service of the Insured at any of the Insured&#146;s offices or premises covered hereunder whom the Insured compensates directly by
salary or commissions and whom the Insured has the right to direct and control while performing services for the Insured;
</FONT></P></TD></TR></TABLE></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">an attorney retained by the Insured and an employee of such attorney while either is performing legal services for the Insured; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a person provided by an employment contractor to perform employee duties for the Insured under the Insured&#146;s supervision at any of the Insured&#146;s
offices or premises covered hereunder, and a guest student pursuing studies or duties in any of said offices or premises; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(4)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">an employee of an institution merged or consolidated with the Insured prior to the effective date of this bond; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(5)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">each natural person, partnership or corporation authorized by the Insured to perform services as data processor of checks or other accounting records of the
Insured (not including preparation or modification of computer software or programs), herein called Processor. (Each such Processor, and the partners, officers and employees of such Processor shall, collectively, be deemed to be one Employee for all
the </FONT></P></TD></TR></TABLE></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>

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<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></TD></TR></TABLE>


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<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">
purposes of this bond, excepting, however, the second paragraph of Section&nbsp;12. A Federal Reserve Bank or clearing house shall not be construed to be a processor.); and
</FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(6)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a Partner of the Insured, unless not covered as stated in Item&nbsp;4 of the Declarations. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(f) Evidence of Debt means an instrument, including a Negotiable Instrument, executed by a customer of the Insured and held by the
Insured which in the regular course of business is treated as evidencing the customer&#146;s debt to the Insured. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(g)
Financial Interest in the Insured of the Insured&#146;s general partner(s), or limited partner(s), committing dishonest or fraudulent acts covered by this bond or concerned or implicated therein means: </FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">as respects general partner(s) the value of all right, title and interest of such general partner(s), determined as of the close of business on the date of
discovery of loss covered by this bond, in the aggregate of: </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the &#147;net worth&#148; of the Insured, which for the purposes of this bond, shall be deemed to be the excess of its total assets over its total
liabilities, without adjustment to give effect to loss covered by this bond, (except that credit balances and equities in proprietary accounts of the Insured, which shall include capital accounts of partners, investment and trading accounts of the
Insured, participations of the Insured in joint accounts, and accounts of partners which are covered by agreements providing for the inclusion of equities therein as partnership property, shall not be considered as liabilities) with securities, spot
commodities, commodity future contracts in such proprietary accounts and all other assets marked to market or fair value and with adjustment for profits and losses at the market of contractual commitments for such proprietary accounts of the
Insured; and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the value of all other Money, securities and property belonging to such general partner(s), or in which such general partner(s) have a pecuniary interest,
held by or in the custody of and legally available to the Insured as set-off against loss covered by this bond; </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:65px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">provided, however, that if such &#147;net worth&#148; adjusted to give effect to loss covered by this bond and such value of all other Money, securities and property as set forth in (g)(1)(b) preceding, plus the
amount of coverage afforded by this bond on account of such loss, is not sufficient to enable the Insured
</FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:65px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">
to meet its obligations, including its obligations to its partners other than to such general partner(s), then the Financial Interest in the Insured, as above defined, of such general partner(s)
shall be reduced in an amount necessary, or eliminated if need be, in order to enable the Insured upon payment of loss under this bond to meet such obligations, to the extent that such payment will enable the Insured to meet such obligations,
without any benefit accruing to such general partner(s) from such payment; and </FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">as respects limited partners the value of such limited partner&#146;s (&#146;)&nbsp;investment in the Insured. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(h) Forgery means the signing of the name of another person or organization with intent to deceive; it does not mean a signature
which consists in whole or in part of one&#146;s own name signed with or without authority, in any capacity, for any purpose. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(i) Guarantee means a written undertaking obligating the signer to pay the debt of another to the Insured or its assignee or to a financial institution from which the Insured has purchased participation in the
debt, if the debt is not paid in accordance with its terms. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(j) Instruction means a written order to the issuer of an
Uncertificated Security requesting that the transfer, pledge, or release from pledge of the Uncertificated Security specified be registered. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(k) Letter of Credit means an engagement in writing by a bank or other person made at the request of a customer that the bank or other person will honor drafts or other demands for payment upon compliance with the
conditions specified in the Letter of Credit. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(l) Money means a medium of exchange in current use authorized or
adopted by a domestic or foreign government as a part of its currency. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(m) Negotiable Instrument means any writing
</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">signed by the maker or drawer; and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">containing any unconditional promise or order to pay a sum certain in Money and no other promise, order, obligation or power given by the maker or drawer; and
</FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">is payable on demand or at a definite time; and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(4)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">is payable to order or bearer. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(n) Partner means a natural person who </FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">is a general partner of the Insured, or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">is a limited partner and an Employee (as defined in Section&nbsp;1(e)(1) of the bond) of the Insured. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(o) Property means Money, Certificated Securities, Uncertificated Securities of any Federal Reserve Bank of the United States,
Negotiable Instruments, Certificates of Deposit, documents of title, Acceptances, Evidences of Debt, security agreements, Withdrawal Orders, certificates of origin or title, Letters of Credit, insurance policies, abstracts of title, deeds and
mortgages on real estate, revenue and other stamps, tokens, unsold state lottery tickets, books of account and other records whether recorded in writing or electronically, gems, jewelry, precious metals of all kinds and in any form, and tangible
items of personal property which are not herein before enumerated. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(p) Statement of Uncertificated Security means a
written statement of the issuer of an Uncertificated Security containing: </FONT></P>
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<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a description of the Issue of which the Uncertificated Security is a part; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the number of shares or units: </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">transferred to the registered owner; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">pledged by the registered owner to the registered pledgee; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">released from pledge by the registered pledgee; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">registered in the name of the registered owner on the date of the statement; or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">subject to pledge on the date of the statement; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the name and address of the registered owner and registered pledgee; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(4)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">a notation of any liens and restrictions of the issuer and any adverse claims to which the Uncertificated Security is or may be subject or a statement that
there are none of those liens, restrictions or adverse claims; and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(5)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the date: </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the transfer of the shares or units to the new registered owner of the shares or units was registered; </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">the pledge of the registered pledgee was registered, or </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="65"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">of the statement, if it is a periodic or annual statement. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(q) Transportation Company means any organization which provides its own or leased vehicles for transportation or which provides
freight forwarding or air express services. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(r) Uncertificated Security means a share, participation or other interest
in property of or an enterprise of the issuer or an obligation of the issuer, which is: </FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">not represented by an instrument and the transfer of which is registered upon books maintained for that purpose by or on behalf of the issuer;
</FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">of a type commonly dealt in on securities exchanges or markets; and
</FONT></P></TD></TR></TABLE></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

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<TD WIDTH="48%"></TD></TR>
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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Page 5 of 8</FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">either one of a class or series or by its terms divisible into a class or series of shares, participations, interests or obligations.
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(s) Withdrawal Order means a non-negotiable instrument, other than an Instruction, signed by a
customer of the Insured authorizing the Insured to debit the customer&#146;s account in the amount of funds stated therein. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">EXCLUSIONS
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;2. This bond does not cover: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(a) loss resulting directly or indirectly from forgery or alteration, except when covered under Insuring Agreements (A), (D), or (E); </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(b) loss due to riot or civil commotion outside the United States of America and Canada; or loss due to military, naval or usurped
power, war or insurrection unless such loss occurs in transit in the circumstances recited in Insuring Agreement (C), and unless, when such transit was initiated, there was no knowledge of such riot, civil commotion, military, naval or usurped
power, war or insurrection on the part of any person acting for the Insured in initiating such transit; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(c) loss
resulting directly or indirectly from the effects of nuclear fission or fusion or radioactivity; provided, however, that this paragraph shall not apply to loss resulting from industrial uses of nuclear energy; </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(d) loss resulting from any act or acts of any person who is a member of the Board of Directors of the Insured or a member of any
equivalent body by whatsoever name known unless such person is also an Employee or an elected official of the Insured in some other capacity, nor, in any event, loss resulting from the act or acts of any person while acting in the capacity of a
member of such Board or equivalent body; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(e) loss resulting directly or indirectly from the complete or partial
nonpayment of, or default upon, any loan or transaction involving the Insured as a lender or borrower, or extension of credit, including the purchase, discounting or other acquisition of false or genuine accounts, invoices, notes, agreements or
Evidences of Debt, whether such loan, transaction or extension was procured in good faith or through trick, artifice, fraud or false pretenses, except when covered under Insuring Agreements (A), (D)&nbsp;or (E); </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(f) loss resulting from any violation by the Insured or by any Employee </FONT></P>
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<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">of law regulating (i)&nbsp;the issuance, purchase or sale of securities, (ii)&nbsp;securities transactions upon security exchanges or over the counter market,
(iii)&nbsp;investment companies, or (iv)&nbsp;investment advisers, or </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(2) of any rule or regulation
made pursuant to any such law, unless it is established by the Insured that the act or acts which caused the said loss involved fraudulent or dishonest conduct which would have caused a loss to the Insured in a similar amount in the absence of such
laws, rules or regulations; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(g) loss resulting directly or indirectly from the failure of a financial or depository
institution, or its receiver or liquidator, to pay or deliver, on demand of the Insured, funds or Property of the Insured held by it in any capacity, except when covered under Insuring Agreements (A)&nbsp;or (B)(1)(a); </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(h) loss caused by an Employee, except when covered under Insuring Agreement (A)&nbsp;or when covered under Insuring Agreement
(B)&nbsp;or (C)&nbsp;and resulting directly from misplacement, mysterious unexplainable disappearance or destruction of or damage to Property; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(i) loss resulting directly or indirectly from transactions in a customer&#146;s account, whether authorized or unauthorized, except the unlawful withdrawal and conversion of Money, securities or precious metals,
directly from a customer&#146;s account by an Employee provided such unlawful withdrawal and conversion is covered under Insuring Agreement (A); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(j) damages resulting from any civil, criminal or other legal proceeding in which the Insured is alleged to have engaged in racketeering activity except when the Insured establishes that the act or acts giving rise
to such damages were committed by an Employee under circumstances which result directly in a loss to the Insured covered by Insuring Agreement (A). For the purposes of this exclusion, &#147;racketeering activity&#148; is defined in 18 United States
Code 1961 et seq., as amended; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(k) loss resulting directly or indirectly from the use or purported use of credit,
debit, charge, access, convenience, identification, cash management or other cards </FONT></P>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">in obtaining credit or funds, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">in gaining access to automated mechanical devices which, on behalf of the Insured, disburse Money, accept deposits, cash checks, drafts or similar written
instruments or make credit card loans, or </FONT></P></TD></TR></TABLE>
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<TR>
<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">in gaining access to point of sale terminals, customer-bank communication terminals, or similar electronic terminals of electronic funds transfer systems,
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">whether such cards were issued, or purport to have been issued, by the Insured or by anyone other than the Insured,
except when covered under Insuring Agreement (A); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(l) loss involving automated mechanical devices which, on behalf of
the Insured, disburse Money, accept deposits, cash checks, drafts or similar written instruments or make credit card loans, except when covered under Insuring Agreement (A);
</FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(m) loss through the surrender of Property away from an office of the Insured as a
result of a threat </FONT></P>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">to do bodily harm to any person, except loss of Property in transit in the custody of any person acting as messenger provided that when such transit was
initiated there was no knowledge by the Insured of any such threat, or </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:43px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(2) to do damage to the
premises or property of the Insured, except when covered under Insuring Agreement (A); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(n) loss resulting directly or
indirectly from payments made or withdrawals from a depositor&#146;s or customer&#146;s account involving erroneous credits to such account, unless such payments or withdrawals are physically received by such depositor or customer or representative
of such depositor or customer who is within the office of the Insured at the time of such payment or withdrawal, or except when covered under Insuring Agreement (A); </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(o) loss involving items of deposit which are not finally paid for any reason, including but not limited to Forgery or any other
fraud, except when covered under Insuring Agreement (A); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(p) loss resulting directly or indirectly from
counterfeiting, except when covered under Insuring Agreements (A), (E)&nbsp;or (F); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(q) loss of any tangible item of
personal property which is not specifically enumerated in the paragraph defining Property if such property is specifically insured by other insurance of any kind and in any amount obtained by the Insured, and in any event, loss of such property
occurring more than 60 days after the Insured takes possession of such property, except when covered under Insuring Agreements (A)&nbsp;or (B)&nbsp;(2); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(r) loss of Property while </FONT></P>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">in the mail, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">in the custody of any Transportation Company, unless covered under Insuring Agreement (C), </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">except when covered under Insuring Agreement (A); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(s) potential income, including but not limited to interest and dividends, not realized by the Insured or by any customer of the Insured; </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(t) damages of any type for which the Insured is legally liable, except compensatory damages, but not multiples thereof, arising
directly from a loss covered under this bond; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(u) all fees, costs and expenses incurred by the Insured </FONT></P>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">in establishing the existence of or amount of loss covered under this bond, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">as a party to any legal proceeding whether or not such legal proceeding exposes the Insured to loss covered by this bond; </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(v) indirect or consequential loss of any nature; </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(w) loss involving any Uncertificated Security except an Uncertificated Security of any Federal Reserve Bank of the United States
or when covered under Insuring Agreement (A); </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(x) loss resulting directly or indirectly from any dishonest or
fraudulent act or acts committed by any non-Employee who is a securities, commodities, money, mortgage, real estate, loan, insurance, property management, investment banking broker, agent or other representative of the same general character;
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(y) loss caused directly or indirectly by a Partner of the Insured unless the amount of such loss exceeds the Financial Interest in the
Insured of such Partner and the Deductible Amount applicable to this bond, and then for the excess only; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(z) loss
resulting directly or indirectly from any actual or alleged representation, advice, warranty or guarantee as to the performance of any investments; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(aa) loss due to liability imposed upon the Insured as a result of the unlawful disclosure of non-public material information by the Insured or any Employee, or as a result of any Employee acting upon such
information, whether authorized or unauthorized. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">DISCOVERY </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;3. This bond applies to loss discovered by the Insured during the Bond Period. Discovery occurs when the Insured
first becomes aware of facts which would cause a reasonable person to assume that a loss of a type covered by this bond has been or will be incurred, regardless of when the act or acts causing or contributing to such loss occurred, even though the
exact amount or details of loss may not then be known. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Discovery also occurs when the Insured receives notice of an
actual or potential claim in which it is alleged that the Insured is liable to a third party under circumstances which, if true, would constitute a loss under this bond. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1">LIMIT OF LIABILITY </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;4. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Aggregate Limit of Liability </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">The Underwriter&#146;s total liability for all losses discovered during the Bond Period shown in Item&nbsp;2 of the Declarations shall not exceed the Aggregate Limit of Liability shown in Item&nbsp;3 of the
Declarations. The Aggregate Limit of Liability shall be reduced by the amount of any payment made under the terms of this bond. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">Upon exhaustion of the Aggregate Limit of Liability by such payments: </FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>

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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Page 6 of 8</FONT></TD>
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<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">The Underwriter shall have no further liability for loss or losses regardless of when discovered and whether or not previously reported to the Underwriter,
and </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">The Underwriter shall have no obligation under General Agreement F to continue the defense of the Insured, and upon notice by the Underwriter to the Insured
that the Aggregate Limit of Liability has been exhausted, the Insured shall assume all responsibility for its defense at its own cost. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">The Aggregate Limit of Liability shall not be increased or reinstated by any recovery made and applied in accordance with subsections (a), (b)&nbsp;and (c)&nbsp;of Section&nbsp;7. In the event that a loss of
Property is settled by the Underwriter through the use of a lost instrument bond, such loss shall not reduce the Aggregate Limit of Liability. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1">Single Loss Limit of Liability </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Subject to the Aggregate Limit of Liability, the
Underwriter&#146;s liability for each Single Loss shall not exceed the applicable Single Loss Limit of Liability shown in Item&nbsp;4 of the Declarations. If a Single Loss is covered under more than one Insuring Agreement or Coverage, the maximum
payable shall not exceed the largest applicable Single Loss Limit of Liability. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Single Loss Defined </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Single Loss means all covered loss, including court costs and attorneys&#146; fees incurred by the Underwriter under General
Agreement F, resulting from </FONT></P>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">any one act or series of related acts of burglary, robbery or attempt thereat, in which no Employee is implicated, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">any one act or series of related unintentional or negligent acts or omissions on the part of any person (whether an Employee or not) resulting in damage to or
destruction or misplacement of Property, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">all acts or omissions other than those specified in (a)&nbsp;and (b)&nbsp;preceding, caused by any person (whether an Employee or not) or in which such person
is implicated, or </FONT></P></TD></TR></TABLE>
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<TD WIDTH="21"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">any one casualty or event not specified in (a), (b)&nbsp;or (c)&nbsp;preceding. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">NOTICE/PROOF&#151;LEGAL PROCEEDINGS </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">AGAINST UNDERWRITER </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;5. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(a) At the earliest practicable moment, not to exceed 30 days, after discovery of loss, the Insured shall give the Underwriter notice thereof. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(b) Within 6 months after such discovery, the Insured shall furnish to the Underwriter proof of loss, duly sworn to, with full
particulars. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(c) Lost Certificated Securities listed in a proof of loss shall be identified by certificate or bond
numbers if such securities were issued therewith. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(d) Legal proceedings for the recovery of any loss hereunder shall
not be brought prior to the expiration of 60 days after the original proof of loss is filed with the Underwriter or after the expiration of 24 months from the discovery of such loss. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(e) If any limitation embodied in this bond is prohibited by any law controlling the construction hereof, such limitation shall be
deemed to be amended so as to equal the minimum period of limitation provided by such law. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(f) This bond affords
coverage only in favor of the Insured. No suit, action or legal proceedings shall be brought hereunder by any one other than the named Insured. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1">VALUATION </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;6. Any loss of Money, or loss payable in Money, shall be
paid, at the option of the Insured, in the Money of the country in which the loss was sustained or in the United States of America dollar equivalent thereof determined at the rate of exchange at the time of payment of such loss. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Securities </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">The
Underwriter shall settle in kind its liability under this bond on account of a loss of any securities or, at the option of the Insured, shall pay to the Insured the cost of replacing such securities, determined by the market value thereof at the
time of such settlement. However, if prior to such settlement the Insured shall be compelled by the demands of a third party or by market rules to purchase equivalent securities, and gives written notification of this to the Underwriter, the cost
incurred by the Insured shall be taken as the value of those securities. In case of a loss of subscription, conversion or redemption privileges through the misplacement or loss of securities, the amount of such loss shall be the value of such
privileges immediately preceding the expiration thereof. If such securities cannot be replaced or have no quoted market value, or if such privileges have no quoted market value, their value shall be determined by agreement or arbitration.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">If the applicable coverage of this bond is subject to a Deductible Amount and/or is not sufficient in amount to
indemnify the Insured in full for the loss of securities for which claim is made hereunder, the liability of the Underwriter under this bond is limited to the payment for, or the duplication of, so much of such securities as has a value equal to the
amount of such applicable coverage. </FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Books of Account and Other Records </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">In case of loss of, or damage to, any books of account or other records used by the Insured in its business, the Underwriter shall
be liable under this bond only if such books or records are actually reproduced and then for not more than the cost of the blank books, blank pages or other materials plus the cost of labor for the actual transcription or copying of data which shall
have been furnished by the Insured in order to reproduce such books and other records. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Property other than Money, Securities or Records
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">In case of loss of, or damage to, any Property other than Money, securities, books of account or other records, or
damage covered under Insuring Agreement (B)(2), the Underwriter shall not be liable for more than the actual cash value of such Property, or of items covered under Insuring Agreement (B)(2). The Underwriter may, at its election, pay the actual cash
value of, replace or repair such property. Disagreement between the Underwriter and the Insured as to the cash value or as to the adequacy of repair or replacement shall be resolved by arbitration. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">Set-Off </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Any loss
covered under this bond shall be reduced by a set-off consisting of any amount owed to the Employee causing the loss if such loss is covered under Insuring Agreement (A) </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1">ASSIGNMENT&#151; SUBROGATION&#151; RECOVERY&#151; COOPERATION </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;7.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(a) In the event of payment under this bond, the Insured shall deliver, if so requested by the Underwriter, an
assignment of such of the Insured&#146;s rights, title and interest and causes of action as it has against any person or entity to the extent of the loss payment. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(b) In the event of payment under this bond, the Underwriter shall be subrogated to all of the Insured&#146;s rights of recovery
therefor against any person or entity to the extent of such payment. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(c) Recoveries, whether effected by the
Underwriter or by the Insured, shall be applied net of the expense of such recovery first to the satisfaction of the Insured&#146;s loss which would otherwise have been paid but for the fact that it is in excess of either the Single or Aggregate
Limit of Liability, secondly, to the Underwriter as reimbursement of amounts paid in settlement of the Insured&#146;s claim, and thirdly, to the Insured in satisfaction of any Deductible Amount. Recovery on account of loss of securities as set forth
in the second paragraph of Section&nbsp;6 or recovery from reinsurance and/or indemnity of the Underwriter shall not be deemed a recovery as used herein. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">(d) Upon the Underwriter&#146;s request and at reasonable times and places designated by the Underwriter the Insured shall </FONT></P>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">submit to examination by the Underwriter and subscribe to the same under oath; and </FONT></P></TD></TR></TABLE>
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">produce for the Underwriter&#146;s examination all pertinent records; and </FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="43"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="22" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">cooperate with the Underwriter in all matters pertaining to the loss. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">(e) The Insured shall execute all papers and render assistance to secure to the Underwriter the rights and causes of action
provided for herein. The Insured shall do nothing after discovery of loss to prejudice such rights or causes of action. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">LIMIT OF
LIABILITY UNDER THIS BOND AND PRIOR INSURANCE </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;8. With respect to any loss set forth in sub-section
(c)&nbsp;of Section&nbsp;4 of this bond which is recoverable or recovered in whole or in part under any other bonds or policies issued by the Underwriter to the Insured or to any predecessor in interest of the Insured and terminated or canceled or
allowed to expire and in which the period for discovery has not expired at the time any such loss thereunder is discovered, the total liability of the Underwriter under this bond and under such other bonds or policies shall not exceed, in the
aggregate, the amount carried hereunder on such loss or the amount available to the Insured under such other bonds or policies, as limited by the terms and conditions thereof, for any such loss if the latter amount be the larger. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">If the coverage of this bond supersedes in whole or in part the coverage of any other bond or policy of insurance issued by an
Insurer other than the Underwriter and terminated, canceled or allowed to expire, the Underwriter, with respect to any loss sustained prior to such termination, cancelation or expiration and discovered within the period permitted under such other
bond or policy for the discovery of loss thereunder, shall be liable under this bond only for that part of such loss covered by this bond as is in excess of the amount recoverable or recovered on account of such loss under such other bond or policy,
anything to the contrary in such other bond or policy notwithstanding. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">OTHER INSURANCE OR INDEMNITY </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;9. Coverage afforded hereunder shall apply only as excess over any valid and collectible insurance or indemnity
obtained by the Insured, or by one other than the Insured on Property subject to exclusion (q)&nbsp;or by a Transportation Company, or by another entity on whose premises the loss occurred or which employed the person causing the loss or the
messenger conveying the Property involved. </FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>

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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">TSB 5062b</FONT></TD>
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<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">OWNERSHIP </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;10. This bond shall apply to loss of Property (1)&nbsp;owned by the Insured, (2)&nbsp;held by the Insured in any capacity, or (3)&nbsp;for which the Insured is legally liable. This bond shall be for
the sole use and benefit of the Insured named in the Declarations. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">DEDUCTIBLE AMOUNT </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;11. The Underwriter shall be liable hereunder only for the amount by which any single loss, as defined in
Section&nbsp;4, exceeds the Single Loss Deductible amount for the Insuring Agreement or Coverage applicable to such loss, subject to the Aggregate Limit of Liability and the applicable Single Loss Limit of Liability. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">The Insured shall, in the time and in the manner prescribed in this bond, give the Underwriter notice of any loss of the kind
covered by the terms of this bond, whether or not the Underwriter is liable therefor, and upon the request of the Underwriter shall file with it a brief statement giving the particulars concerning such loss. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">TERMINATION OR CANCELATION </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">Section&nbsp;12. This bond terminates as an entirety upon occurrence of any of the following:&#151;(a) 60 days after the receipt by the Insured of a written
</FONT></P></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:8px;overflow:hidden;padding-top:3px">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">
notice from the Underwriter of its desire to cancel this bond, or (b)&nbsp;immediately upon the receipt by the Underwriter of a written notice from the Insured of its desire to cancel this bond,
or (c)&nbsp;immediately upon the taking over of the Insured by a receiver or other liquidator or by State or Federal officials, or (d)&nbsp;immediately upon the taking over of the Insured by another institution, or (e)&nbsp;immediately upon
exhaustion of the Aggregate Limit of Liability, or (f)&nbsp;immediately upon expiration of the Bond Period as set forth in Item&nbsp;2 of the Declarations. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="1">This bond terminates as to any Employee or any partner, officer or employee of any Processor&#151;(a) as soon as any Insured, or any director or officer not in collusion with such person, learns of any dishonest or
fraudulent act committed by such person at any time, whether in the employment of the Insured or otherwise, whether or not of the type covered under Insuring Agreement (A), against the Insured or any other person or entity, without prejudice to the
loss of any Property then in transit in the custody of such person, or (b)&nbsp;15 days after the receipt by the Insured of a written notice from the Underwriter of its desire to cancel this bond as to such person. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:21px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">Termination of the bond as to any Insured terminates liability for any loss sustained by such Insured which is discovered after
the effective date of such termination. </FONT></P></DIV><div style="clear:both; height:0px; font-size:0px">&nbsp;</div>
 <P STYLE="font-size:48px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1">In witness whereof, the
Underwriter has caused this bond to be executed on the Declarations page. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>RIDER 1 </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">To be attached to and form part of Bond No. RNN757521/01/2012 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">in favor of Blackstone/GSO Long-Short
Credit Income Fund; Blackstone/GSO Senior Floating Rate Term Fund </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">It is agreed that: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>1. </B>&#147;Employee&#148; as used in the attached bond shall include any natural person who is a director or trustee of the
Insured while such director or trustee is engaged in handling funds or other property of any Employee Welfare or Pension Benefit Plan owned, controlled or operated by the Insured or any natural person who is a trustee, manager, officer or employee
of any such Plan. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>2. </B>If the bond, in accordance with the agreements, limitations and conditions thereof, covers
loss sustained by two or more Employee Welfare or Pension Benefit Plans or sustained by any such Plan in addition to loss sustained by an Insured other than such Plan, it is the obligation of the Insured or the Plan Administrator(s) of such Plans
under Regulations published by the Secretary of Labor implementing Section&nbsp;13 of the Welfare and Pension Plans Disclosure Act of 1958 to obtain under one or more bonds issued by one or more Insurers an amount of coverage for each such Plan at
least equal to that which would be required if such Plans were bonded separately. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>3. </B>In compliance with the
foregoing, payment by the Company in accordance with the agreements, limitations and conditions of the bond shall be held by the Insured, or, if more than one, by the Insured first named, for the use and benefit of any Employee Welfare or Pension
Benefit Plan sustaining loss so covered and to the extent that such payment is in excess of the amount of coverage required by such Regulations to be carried by said Plan sustaining such loss, such excess shall be held for the use and benefit of any
other such Plan also covered in the event that such other Plan discovers that it has sustained loss covered thereunder. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>4. </B>If money or other property of two or more Employee Welfare or Pension Benefit Plans covered under the bond is commingled,
recovery for loss of such money or other property through fraudulent or dishonest acts of Employees shall be shared by such Plans on a pro rata basis in accordance with the amount for which each such Plan is required to carry bonding coverage in
accordance with the applicable provisions of said Regulations. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>5. </B>The Deductible Amount of this bond applicable
to loss sustained by a Plan through acts committed by an Employee of the Plan shall be waived, but only up to an amount equal to the amount of coverage required to be carried by the Plan because of compliance with the provisions of the Employee
Retirement Income Security Act of 1974. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>6. </B>Nothing herein contained shall be held to vary, alter, waive or extend
any of the terms, conditions, provisions, agreements or limitations of the bond, other than as stated herein. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>7.
</B>This rider is effective as of 12:01 a.m. on May&nbsp;25, 2012. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Accepted: </FONT></P>
<P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>ERISA RIDER</B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px" align="left"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">TO COMPLY WITH BONDING REGULATIONS MADE APPLICABLE TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974.</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px" align="left"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
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<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">NOTE: This rider should not be used for any insured exempted from the bonding provisions of the Act.</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px" align="left"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
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<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">REVISED TO JUNE, 1990.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
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<TD HEIGHT="24" COLSPAN="2"></TD></TR>
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<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">All other provisions of this policy remain unchanged.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ROWSPAN="2"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000">


<IMG SRC="g422629g44o78.jpg" ALT="LOGO">
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<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Authorized Representative</FONT></P></TD></TR>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">June 18, 2012</FONT></P></TD></TR>
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<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Date</FONT></P></TD></TR>
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 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">SR 6145b</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Page 1 of 1</FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>RIDER 2 </B></FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">To be attached to and form part of Financial Institution Bond, Standard Form No.&nbsp;14, No. RNN757521/01/2012 </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">in favor of Blackstone/GSO Long-Short Credit Income Fund; Blackstone/GSO Senior Floating Rate Term Fund </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">It is agreed that: </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">1. Those premises of Depositories listed in the following Schedule shall be deemed to be premises of the Insured but only as respects coverage on Certificated Securities: </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">SCHEDULE </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="48%"></TD></TR>


<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">DEPOSITORY</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">LOCATION COVERED</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">All Depositories Used by the Insured </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">2. Certificated Securities held by such Depository shall be deemed to be Property as defined in the attached bond to the extent of the Insured&#146;s interest therein as effected by the making of appropriate
entries on the books and records of such Depository. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">3. The attached bond does not afford coverage in favor of any
Depository listed in the Schedule above. When the Underwriter indemnifies the Insured for a loss covered hereunder, the Insured will assign the rights and causes of action to the extent of the claim payment against the Depository, or any other
entity or person against whom it has a cause of action, to the Underwriter. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">4. If the rules of the Depository named in
the Schedule above provide that the Insured shall be assessed for a portion of the judgment (or agreed settlement) taken by the Underwriter based upon the assignment set forth in part 3. above and the Insured actually pays such assessment, then the
Underwriter will reimburse the Insured for the amount of the assessment but not exceeding the amount of loss payment by the Underwriter. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">5. This rider shall become effective as of 12:01 a.m. on May&nbsp;25, 2012 standard time. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>CENTRAL HANDLING OF SECURITIES</B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px" align="left"><FONT
SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">FOR USE WITH FINANCIAL INSTITUTION BONDS, STANDARD FORMS NOS. 14, 24 AND 25 TO SCHEDULE THE PREMISES OF DEPOSITORIES.</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:1px" align="left"><FONT SIZE="1">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="1">REVISED TO OCTOBER, 1987</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">All other provisions of this policy remain unchanged.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ROWSPAN="2"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify">


<IMG SRC="g422629g44o78.jpg" ALT="LOGO">
</P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Authorized Representative</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">June 18, 2012</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Date</FONT></P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">SR 5967e</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Page 1 of 1</FONT></TD></TR></TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Rider No.&nbsp;3 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Effective date of this rider / endorsement: 12:01 a.m. on May&nbsp;25, 2012 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">To be attached to and form part of Bond / Policy Number: RNN757521/01/2012 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Issued to: Blackstone/GSO Long-Short
Credit Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone/GSO Senior Floating Rate
Term Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">By: Axis Reinsurance Company </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>MANUSCRIPT
RIDER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>THIS RIDER CHANGES THE POLICY. PLEASE READ IT CAREFULLY. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">This rider modifies insurance provided under the following: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>FINANCIAL INSTITUTION BOND, Standard Form 14
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In consideration of the premium charged, it is agreed that: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Conditions and Limitations, Section&nbsp;3. Discovery is deleted and amended to read in its entirety as follows: </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">DISCOVERY </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:2%; text-indent:8%" ALIGN="justify"><FONT
STYLE="font-family:ARIAL" SIZE="2">Section&nbsp;3. This bond applies to loss discovered by the Risk Management Department, Human Resources Department, General Counsel or Internal Audit Department during the Bond Period. Discovery occurs when a vice
president or the risk management department first become aware of facts which would cause a reasonable person to assume that a loss of a type covered by this bond has been or will be incurred, regardless of when the act or acts causing or
contributing to such loss occurred, even though the exact amount or details of loss may not then be known. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:8%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Discovery also occurs when the Risk Management Department, Human Resources Department, General Counsel or Internal
Audit Department receives notice of an actual or potential claim in which it is alleged that the Insured is liable to a third party under circumstances which, if true, would constitute a loss under this bond. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Section&nbsp;5, NOTICE/PROOF&#151;LEGAL PROCEEDINGS AGAINST UNDERWRITER is amended by deleting subsection (a)&nbsp;and replacing it with the following: </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">At the earliest practicable moment, not to exceed 60 days, after discovery of loss by the risk management department and/or vice president shall give the underwriter notice
thereof. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">General Agreement F-NOTICE/PROOF-LEGAL PROCEEDINGS AGAINST THE INSURED-ELECTION TO DEFEND&nbsp;&#150; is hereby amended by deleting the first paragraph and replacing it with the
following: </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">The risk management department shall notify the Underwriter at the earliest </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">practicable moment, not exceed 60 days after notice thereof, of any legal proceeding brought to determine the Insured&#146;s
liability for any loss, claim or damage, which if established, would constitute a collectible loss under this bond. Concurrently, the Insured shall furnish copies of all pleadings and pertinent papers to the Underwriter. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">General Agreement E- JOINT INSUREDS is amended by deleting the following sentence: </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">&#147;Knowledge possessed or discovery by any Insured shall constitute knowledge or discovery by all Insureds for the purposes of
this Bond&#148;. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">And replacing it with: </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Includes copyright
material of The Surety Association of America </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">Page 1 of 2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">&#147;Knowledge possessed or discovery by the Risk Management Department, Human
Resources Department General Counsel or Internal Audit Department shall constitute knowledge or discovery by the Insured for the purposes of this Bond&#148;. </FONT></P> <P STYLE="font-size:30px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations, conditions or agreements of the attached bond other than
as above stated. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:30px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


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<TD WIDTH="48%"></TD></TR>


<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">All other provisions remain unchanged.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify">


<IMG SRC="g422629g44o78.jpg" ALT="LOGO">
</P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Authorized Representative</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">June 18, 2012</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Date</FONT></P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Includes copyright
material of The Surety Association of America </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">Page 2 of 2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Rider No.&nbsp;4 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Effective date of this rider / endorsement: 12:01 a.m. on May&nbsp;25, 2012 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">To be attached to and form part of Bond / Policy Number: RNN757521/01/2012 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Issued to: Blackstone/GSO Long-Short
Credit Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone/GSO Senior Floating Rate
Term Fund </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">By: Axis Reinsurance Company </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>MANUSCRIPT
RIDER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>THIS RIDER CHANGES THE POLICY. PLEASE READ IT CAREFULLY. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">This rider modifies insurance provided under the following: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>FINANCIAL INSTITUTION BOND, Standard Form 14
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">In consideration of the premium charged, it is agreed that: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Insuring Agreement (F), COUNTERFEIT CURRENCY, is deleted and amended to read in its entirety as follows: </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(F)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Loss resulting directly from the receipt by the Insured, in good faith, of any Counterfeit Money of the United Stated of America, Canada or any other country.
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations conditions or agreements on the attached bond other than
as stated above. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:60px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">All other provisions remain unchanged.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify">


<IMG SRC="g422629g44o78.jpg" ALT="LOGO">
</P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Authorized Representative</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">June 18, 2012</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Date</FONT></P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Includes copyright
material of The Surety Association of America </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">Page 1 of 1 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Rider No.&nbsp;5 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Effective date of this rider / endorsement: 12:01 a.m. on May&nbsp;25, 2012 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">To be attached to and form part of Bond / Policy Number: RNN757521/01/2012 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Issued to: Blackstone/GSO Long-Short
Credit Income Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone/GSO Senior Floating Rate
Term Fund </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">By: Axis Reinsurance Company </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>MANUSCRIPT
RIDER </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>THIS RIDER CHANGES THE POLICY. PLEASE READ IT CAREFULLY. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">This rider modifies insurance provided under the following: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>FINANCIAL INSTITUTION BOND, Standard Form 14
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">In consideration of the premium charged, it is agreed that: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Definition (e)&nbsp;Employee, is deleted in its entirety and amended to read as follows: </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Employee means: </FONT></P></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each officer, director, trustee, partner or employee of the Insured, and </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each officer, director, trustee, partner or employee of any predecessor of the Insured whose principal assets are acquired by the Insured by consolidation or merger with, or
purchase of assets or capital stock of, such predecessor, and </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(3)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each attorney performing legal services for the Insured and each employee of such attorney or of the law firm of such attorney while performing services for the Insured, and
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(4)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each student who is an authorized intern of the Insured, while in any of the Insured&#146;s offices, and </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(5)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each officer, director, trustee, partner or employee of </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">an investment adviser, </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">an underwriter (distributor), </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">a transfer agent or shareholder accounting record keeper, or </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">an administrator authorized by written agreement to keep financial and/or other required records, </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">for an Investment Company named as an Insured, but only while </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">such officer, partner or employee is performing acts coming within the scope of the usual duties of an officer or employee of an Insured, or </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">such officer, director, trustee, partner or employee is acting as a member of any committee duly elected or appointed to examine or audit or have custody of or access to the
Property of the Insured; </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">provided, that the term <I>&#147;</I>Employee<I>&#148;</I> shall not include any officer,
director, trustee, partner or employee of a transfer agent, shareholder accounting record keeper or administrator </FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">which is not an <I>&#147;affiliated person&#148;</I> (as defined in Section&nbsp;2(a) of the Investment Company Act of 1940) of an Investment Company named as Insured or of the
adviser or underwriter of such Investment Company, or </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="17%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">which is a <I>&#147;Bank&#148;</I> (as defined in Section&nbsp;2(a) of the Investment Company Act of 1940), and </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">Page 1 of 2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(6)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each individual assigned, by contract or by any agency furnishing temporary personnel, in either case on a contingent or part-time basis, to perform the usual duties of an
employee in any office of the Insured, and </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(7)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each individual assigned to perform the usual duties of an employee or officer of any entity authorized by written agreement with the Insured to perform services as electronic
data processor of checks or other accounting records of the Insured, but excluding a processor which acts as transfer agent or in any other agency capacity for the Insured in issuing checks, drafts or securities, unless included under subsection
(5)&nbsp;hereof, and </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(8)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">each officer, partner or employee of any Depository or Exchange, </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:13%"><FONT
STYLE="font-family:ARIAL" SIZE="2">any nominee in whose name is registered any Security included in the systems for the central handling of securities established and maintained by any Depository, and </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; margin-left:13%"><FONT STYLE="font-family:ARIAL" SIZE="2">any recognized service company which provides clerks or other personnel to any Depository or Exchange on a contract basis, </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; margin-left:13%"><FONT STYLE="font-family:ARIAL" SIZE="2">while such officer, partner or employee is performing services for any Depository in the operation of systems for the central handling of
securities, and </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(9)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">in the case of an Insured which is an <I>&#147;employee benefit plan&#148;</I> (as defined in Section&nbsp;3 of the Employee Retirement Income Security Act of 1974
(<I>&#147;ERISA&#148;</I>)) for officers, directors or employees of another Insured (<I>&#147;In-House Plan&#148;</I>), any <I>&#147;fiduciary&#148;</I> or other <I>&#147;plan official&#148;</I> (within the meaning of Section&nbsp;412 of ERISA) of
such In-House Plan, provided that such fiduciary or other plan official is a director, partner, officer, trustee or employee of an Insured (other than an In-House Plan). </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">Each employer of temporary personnel and each entity referred to in subsections (6)&nbsp;and (7)&nbsp;and their respective partners, officers and
employees shall collectively be deemed to be one person for all the purposes of this Bond. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:ARIAL" SIZE="2">Brokers, agents, independent contractors, or
representatives of the same general character shall not be considered Employees, except as provided in subsections (3), (6), and (7).&#148; </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, limitations conditions or agreements on the attached bond other than as stated above.
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>


<TR>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">All other provisions remain unchanged.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify">


<IMG SRC="g422629g44o78.jpg" ALT="LOGO">
</P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Authorized Representative</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">June 18, 2012</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:ARIAL" SIZE="2">Date</FONT></P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">Page 2 of 2 </FONT></P>


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<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>BLACKSTONE / GSO SENIOR FLOATING RATE TERM FUND </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>BLACKSTONE / GSO LONG-SHORT CREDIT INCOME FUND </B></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>May&nbsp;15, 2012 </B></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>As approved by at least a majority of the
non-interested Trustees of the Trust </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="86%"></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That the appropriate officers of Blackstone / GSO Senior Floating Rate Term Fund and Blackstone / GSO Long-Short Credit Income Fund (the &#147;Funds&#148;)
be, and each hereby is, authorized and directed to take and/or ratify all necessary action for the Funds to purchase Axis Insurance Company fidelity bond coverage (&#147;Fidelity Bond&#148;); and further</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That it is the finding of the Board of Trustees of the Funds that the Fidelity Bond covering, among others, officers and employees of each Fund in accordance
with the requirements of Rule 17g-1 under the 1940 Act, is reasonable in form and amount, after having given due consideration to, among other things, the value of the aggregate assets of each Fund to which any person covered under the Fidelity Bond
may have access, the type and terms of the arrangements made for the custody and safekeeping of each Fund&#146;s assets and the nature of the securities in each Fund&#146;s portfolio; and further</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That the portion of the total premium for the Fidelity Bond to be allocated to each Fund based on its managed assets be, and hereby is, approved by a vote of
the Board of Trustees of the Funds (all trustees voting) and separately by a vote of the Independent Trustees, after having given due consideration to, among other things, the number of the other parties named as insureds, the nature of the business
activities of such other parties, the amount of the Fidelity Bond, the amount of the premiums for the Fidelity Bond, the ratable allocation of the premiums among all parties named as insureds, and the extent to which the share of the premium
allocated to each Fund is less than the premium each Fund would have had to pay if it had provided and maintained a fidelity bond which covers only one Fund as the insured; and further</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That the Fidelity Bond, substantially based on the materials presented, be, and hereby is, approved by a vote of the Board of Trustees (all trustees voting)
and separately by the Independent Trustees; and further</FONT></P></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
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<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="86%"></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That the appropriate officers of each Fund be, and each of them hereby is, authorized and directed to enter into an agreement as required by paragraph (f) of
Rule 17g-1 under the 1940 Act with the other named insureds under the Fidelity Bond providing that in the event any recovery is received under the Fidelity Bond as a result of a loss sustained by each Fund and also by one or more of the other named
insureds, each Fund shall receive an equitable and proportionate share of the recovery, but in no event less than the amount it would have received had it obtained and maintained a single insured bond with the minimum coverage required by paragraph
(d) (1) of such Rule&nbsp;17g-1; and further</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That the appropriate officers of the Funds be, and each of them hereby is, authorized and directed to prepare, execute and file such amendments and
supplements to the aforesaid agreement, and to take such other action as may be necessary or appropriate in order to conform to the provisions of the 1940 Act and the rules and regulations thereunder; and further</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESOLVED:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="2">That the Secretary of the Funds shall file the Fidelity Bond with the Securities and Exchange Commission and give the notices required under paragraph (g) of
Rule 17g-1 under the 1940 Act.</FONT></P></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><U>Agreement Among Joint Insureds</U> </B></FONT></P>
<P STYLE="margin-top:30px;margin-bottom:0px; text-indent:5%"><FONT STYLE="font-family:Times New Roman" SIZE="3">This Agreement is made as of October&nbsp;9, 2012 by and among Blackstone / GSO Senior Floating Rate Term Fund, Blackstone / GSO
Long-Short Credit Income Fund and Blackstone / GSO Strategic Credit Fund (the &#147;Funds&#148;). </FONT></P> <P STYLE="margin-top:30px;margin-bottom:0px; text-indent:5%"><FONT STYLE="font-family:Times New Roman" SIZE="3">WHEREAS the Funds are named
as insureds under a joint fidelity bond (the &#147;Bond&#148;) issued by Axis Reinsurance Company (the &#147;Insurer&#148;); </FONT></P> <P STYLE="margin-top:30px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="3">NOW, THEREFORE,
it is agreed as follows: </FONT></P> <P STYLE="margin-top:30px;margin-bottom:0px; text-indent:5%"><FONT STYLE="font-family:Times New Roman" SIZE="3">In the event that the claims of loss of multiple Funds under the Bond are so related that the
Insurer is entitled to assert that the claims must be aggregated, each Fund shall receive an equitable and proportionate share of the recovery, but at least equal to the amount it would have received had it provided and maintained a single insured
bond with the minimum coverage requirements under Rule&nbsp;17g-1 of the Investment Company Act of 1940, as amended. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%"><FONT STYLE="font-family:Times New Roman" SIZE="3">IN WITNESS WHEREOF each party has caused this Agreement to be executed by a duly authorized
officer as of the date and year first written above. </FONT></P> <P STYLE="font-size:30px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Blackstone / GSO Senior Floating Rate Term Fund</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Blackstone / GSO Long-Short Credit Income Fund</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Blackstone / GSO Strategic Credit Fund</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="3">By:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="3">&nbsp;&nbsp;/s/ Marisa Beeney</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="3">Marisa Beeney</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="3">Secretary, Chief Legal Officer and Chief</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P ALIGN="justify"><FONT STYLE="font-family:Times New Roman" SIZE="3">Compliance Officer</FONT></P></TD></TR>
</TABLE>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
