-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FJ6bd6dUhceK/98dBloLH+B3XlsbRGqebMH+0csianxmtahrPyPZzijdSH8h96CA
 QzfAihYXA2TCLLiIu3VTXw==

<SEC-DOCUMENT>0001137439-08-000434.txt : 20081121
<SEC-HEADER>0001137439-08-000434.hdr.sgml : 20081121
<ACCEPTANCE-DATETIME>20081120174900
ACCESSION NUMBER:		0001137439-08-000434
CONFORMED SUBMISSION TYPE:	40-17G
PUBLIC DOCUMENT COUNT:		25
FILED AS OF DATE:		20081121
DATE AS OF CHANGE:		20081120
EFFECTIVENESS DATE:		20081121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP CASH RESERVE /DE/
		CENTRAL INDEX KEY:			0000230173
		IRS NUMBER:				232059574
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02806
		FILM NUMBER:		081204855

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP CASH RESERVE INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP CASH RESERVE
		DATE OF NAME CHANGE:	19920527

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE CASH RESERVE
		DATE OF NAME CHANGE:	19880714

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP TAX FREE MONEY FUND INC /
		CENTRAL INDEX KEY:			0000320572
		IRS NUMBER:				232151642
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-03120
		FILM NUMBER:		081204868

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP TAX FREE MONEY FUND INC
		DATE OF NAME CHANGE:	19921008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE TAX FREE MONEY FUND INC
		DATE OF NAME CHANGE:	19880710

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP EQUITY FUNDS V INC
		CENTRAL INDEX KEY:			0000809821
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04997
		FILM NUMBER:		081204860

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP VALUE FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP INSIGHT FUND INC
		DATE OF NAME CHANGE:	19870621

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INVESTMENTS DIVIDEND & INCOME FUND INC
		CENTRAL INDEX KEY:			0000896923
		IRS NUMBER:				232713064
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07460
		FILM NUMBER:		081204877

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP DIVIDEND & INCOME FUND INC
		DATE OF NAME CHANGE:	19930714

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP EQUITY FUNDS I
		CENTRAL INDEX KEY:			0000027801
		IRS NUMBER:				510082601
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-00249
		FILM NUMBER:		081204856

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP EQUITY FUNDS I INC
		DATE OF NAME CHANGE:	19970604

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP DELAWARE FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE FUND INC
		DATE OF NAME CHANGE:	19880718

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VOYAGEUR TAX FREE FUNDS
		CENTRAL INDEX KEY:			0000733362
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-03910
		FILM NUMBER:		081204876

	BUSINESS ADDRESS:	
		STREET 1:		90 SOUTH SEVENTH STREET
		STREET 2:		SUITE 4400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		90 SOUTH SEVENTH STREET
		STREET 2:		SUITE 4400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR TAX FREE FUNDS INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MINNESOTA TAX FREE FUNDS INC
		DATE OF NAME CHANGE:	19910226

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOUBLE EXEMPT FLEX FUND INC
		DATE OF NAME CHANGE:	19900131

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VOYAGEUR MUTUAL FUNDS III /MN/
		CENTRAL INDEX KEY:			0000763749
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04547
		FILM NUMBER:		081204875

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 255-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MUTUAL FUNDS III INC /MN/
		DATE OF NAME CHANGE:	19940318

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR GROWTH STOCK FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR GRANIT GROWTH STOCK FUND INC
		DATE OF NAME CHANGE:	19901211

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP EQUITY FUNDS IV
		CENTRAL INDEX KEY:			0000778108
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04413
		FILM NUMBER:		081204859

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET ST
		STREET 2:		ONE COMMERCE SQ
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP EQUITY FUNDS IV INC
		DATE OF NAME CHANGE:	19970128

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP DELCAP FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELCAP FUND INC
		DATE OF NAME CHANGE:	19880929

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VOYAGEUR MUTUAL FUNDS II
		CENTRAL INDEX KEY:			0000809872
		IRS NUMBER:				841044878
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04989
		FILM NUMBER:		081204874

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 255-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MUTUAL FUNDS INC-II
		DATE OF NAME CHANGE:	19940328

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR COLORADO TAX FREE FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COLORADO DOUBLE TAX EXEMPT FUND INC
		DATE OF NAME CHANGE:	19900625

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INVESTMENTS FLORIDA INSURED MUNICIPAL INCOME FUND
		CENTRAL INDEX KEY:			0000895574
		IRS NUMBER:				411737161
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07410
		FILM NUMBER:		081204881

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR FLORIDA INSURED MUNICIPAL INCOME FUND
		DATE OF NAME CHANGE:	19930519

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR FLORIDA INSURD MUNICIPAL INCOME FUND
		DATE OF NAME CHANGE:	19930122

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INVESTMENTS ARIZONA MUNICIPAL INCOME FUND INC
		CENTRAL INDEX KEY:			0000895577
		IRS NUMBER:				411737155
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07412
		FILM NUMBER:		081204879

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR ARIZONA MUNICIPAL INCOME FUND INC
		DATE OF NAME CHANGE:	19930519

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INVESTMENTS MINNESOTA MUNICIPAL INCOME FUND II INC
		CENTRAL INDEX KEY:			0000895658
		IRS NUMBER:				411737158
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07420
		FILM NUMBER:		081204882

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MINNESOTA MUNICIPAL INCOME FUND II INC
		DATE OF NAME CHANGE:	19930519

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE POOLED TRUST INC
		CENTRAL INDEX KEY:			0000875352
		IRS NUMBER:				232651511
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06322
		FILM NUMBER:		081204869

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET STREET
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Delaware Enhanced Global Dividend & Income Fund
		CENTRAL INDEX KEY:			0001396167
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-22050
		FILM NUMBER:		081204883

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(800) 523-1918

	MAIL ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Delaware Investments Enhanced Global Dividend & Income Fund
		DATE OF NAME CHANGE:	20070411

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP LIMITED TERM GOVERNMENT FUNDS
		CENTRAL INDEX KEY:			0000357059
		IRS NUMBER:				236732199
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-03363
		FILM NUMBER:		081204865

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP LIMITED TERM GOVERNMENT FUNDS INC
		DATE OF NAME CHANGE:	19950828

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP TREASURY RESERVES INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE TREASURY RESERVES
		DATE OF NAME CHANGE:	19880718

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VOYAGEUR INTERMEDIATE TAX FREE FUNDS
		CENTRAL INDEX KEY:			0000773675
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04364
		FILM NUMBER:		081204872

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 255-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR INTERMEDIATE TAX FREE FUNDS INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MINNESOTA INTERMEDIATE TAX FREE FUNDS INC
		DATE OF NAME CHANGE:	19920305

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOUBLE EXEMPT CAPITAL CONSERVATION FUND INC
		DATE OF NAME CHANGE:	19900131

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDS INC
		CENTRAL INDEX KEY:			0000875610
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06324
		FILM NUMBER:		081204862

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INVESTMENTS GLOBAL DIVIDEND & INCOME FUND INC
		CENTRAL INDEX KEY:			0000916713
		IRS NUMBER:				232753201
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-08246
		FILM NUMBER:		081204878

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		2005 MARKET STREET
		STREET 2:		.
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP GLOBAL DIVIDEND & INCOME FUND INC
		DATE OF NAME CHANGE:	19931229

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP FOUNDATION FUNDS
		CENTRAL INDEX KEY:			0001048133
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-08457
		FILM NUMBER:		081204861

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP INCOME FUNDS
		CENTRAL INDEX KEY:			0000027825
		IRS NUMBER:				510110458
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02071
		FILM NUMBER:		081204864

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP INCOME FUNDS INC
		DATE OF NAME CHANGE:	19961202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP DELCHESTER HIGH YIELD BOND FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELCHESTER BOND FUND INC
		DATE OF NAME CHANGE:	19880718

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP EQUITY FUNDS II
		CENTRAL INDEX KEY:			0000027574
		IRS NUMBER:				510100310
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-00750
		FILM NUMBER:		081204857

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP EQUITY FUNDS II INC
		DATE OF NAME CHANGE:	19970730

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP DECATUR FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DECATUR FUND INC
		DATE OF NAME CHANGE:	19880808

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP ADVISER FUNDS INC /MD/
		CENTRAL INDEX KEY:			0000910682
		IRS NUMBER:				521842569
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07972
		FILM NUMBER:		081204853

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		DELAWARE GROUP ADVISERS FUNDS INC
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP ADVISER FUNDS INC
		DATE OF NAME CHANGE:	19960508

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LINCOLN ADVISOR FUNDS INC
		DATE OF NAME CHANGE:	19931203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LINCOLN RENAISSANCE FUNDS INC
		DATE OF NAME CHANGE:	19930817

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INV COLORADO INSURED MUNICIPAL INCOME FUND INC
		CENTRAL INDEX KEY:			0000907573
		IRS NUMBER:				411751991
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07810
		FILM NUMBER:		081204880

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103-3682
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103-3682

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR COLORADO INSURED MUNICIPAL INCOME FUND INC
		DATE OF NAME CHANGE:	19930621

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP EQUITY FUNDS III
		CENTRAL INDEX KEY:			0000027937
		IRS NUMBER:				510106828
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-01485
		FILM NUMBER:		081204858

	BUSINESS ADDRESS:	
		STREET 1:		1 COMMERCE SQ 2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP EQUITY FUNDS III INC
		DATE OF NAME CHANGE:	19970909

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP TREND FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELTA TREND FUND INC
		DATE OF NAME CHANGE:	19880630

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP STATE TAX-FREE INCOME TRUST
		CENTRAL INDEX KEY:			0000201670
		IRS NUMBER:				232021993
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02715
		FILM NUMBER:		081204866

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 255-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP STATE TAX FREE INCOME TRUST/PA/
		DATE OF NAME CHANGE:	19980423

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DMC TAX FREE INCOME TRUST PA
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP TAX FREE FUND
		CENTRAL INDEX KEY:			0000728352
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-03850
		FILM NUMBER:		081204867

	BUSINESS ADDRESS:	
		STREET 1:		2005 MARKET ST COMMERCE SQ
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2157512127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP TAX FREE FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DMC TAX FREE INCOME USA INC
		DATE OF NAME CHANGE:	19890904

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DMC TAX FREE BOND FUND INC
		DATE OF NAME CHANGE:	19831122

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE GROUP GOVERNMENT FUND
		CENTRAL INDEX KEY:			0000769220
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04304
		FILM NUMBER:		081204863

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQ
		STREET 2:		2005 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP GOVERNMENT FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VOYAGEUR INSURED FUNDS
		CENTRAL INDEX KEY:			0000809064
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04973
		FILM NUMBER:		081204871

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 2155-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR INSURED FUNDS INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MINNESOTA INSURED FUNDS INC
		DATE OF NAME CHANGE:	19910926

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MINNESOTA INSURED FUND INC
		DATE OF NAME CHANGE:	19900131

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE VIP TRUST
		CENTRAL INDEX KEY:			0000814230
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05162
		FILM NUMBER:		081204870

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 255-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP PREMIUM FUND
		DATE OF NAME CHANGE:	20000428

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE PREMIUM FUND
		DATE OF NAME CHANGE:	20000224

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE GROUP PREMIUM FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELAWARE INVESTMENTS MUNICIPAL TRUST
		CENTRAL INDEX KEY:			0000879342
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06411
		FILM NUMBER:		081204854

	BUSINESS ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		(215) 255-2127

	MAIL ADDRESS:	
		STREET 1:		ONE COMMERCE SQUARE
		STREET 2:		2005 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR INVESTMENT TRUST
		DATE OF NAME CHANGE:	19921215

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VOYAGEUR MUTUAL FUNDS
		CENTRAL INDEX KEY:			0000906236
		IRS NUMBER:				411756458
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07742
		FILM NUMBER:		081204873

	BUSINESS ADDRESS:	
		STREET 1:		90 SOUTH SEVENTH ST
		STREET 2:		STE 4400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402-4115
		BUSINESS PHONE:		2152552127

	MAIL ADDRESS:	
		STREET 1:		90 SOUTH SEVENTH ST
		STREET 2:		STE 4400
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402-4115

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR MUTUAL FUNDS INC
		DATE OF NAME CHANGE:	19930714
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17G
<SEQUENCE>1
<FILENAME>final112008bond.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>final112008bond.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<!--$$/page=-->
<A name="page_1"></A>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DELAWARE INVESTMENTS FAMILY OF FUNDS</FONT></B></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFIED RESOLUTIONS</FONT></B></TD></TR></TABLE></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">The resolutions set forth below were duly adopted by the Boards of Trustees/Directors of those investment companies covered by the enclosed fidelity bond for the period from October 1, 2008 through October 31, 2009 and remain in full force and effect as of the date hereof:</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Resolutions Adopted at a Meeting of the Board of Trustees/Directors Held on </FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">October 28, 2008</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Approval of Fidelity Bond Coverage</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">WHEREAS, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">this Board of Trustees/Directors has considered the form of the joint insured broker's blanket bond for the Delaware Investments Family of Funds, and the amount of such joint insured broker's blanket bond, and has considered the value of the aggregate assets of the Funds to which any covered person may have access, the type and terms of the arrangements made for the custody and safekeeping of the assets of the Fund's Series, the nature of the securities in such Series' portfolio and the higher cost that would have to be paid to purchase a comparable single insured bond for each Fund; and</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">WHEREAS, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">the Board, including a majority of the Trustees/Directors who were not then interested persons with respect to the Fund, has concluded that the Fund&#146;s participation in the proposed joint insured broker&#146;s blanket bond is in the best interest of the Fund.</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">NOW, THEREFORE, IT IS RESOLVED, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that the officers of the Fund are authorized and directed to cause each of its Series to participate in the joint insured broker's blanket bonds in the aggregate amount of $40,000,000, which also covers the other Delaware Investments Funds, and that the Fund shall pay its share of the premium determined in accordance with the allocation methodology discussed with the Trustees/Directors; and it is further</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">RESOLVED, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that the officers of the Fund are hereby authorized and directed to execute an agreement under Section 17(g) of the 1940 Act with the other insureds listed on the broker's blanket bond (the "Agreement"), whereby the Fund will bear its proportionate share of the premium and coverage of the bond, and the share of the premium and coverage of the other Funds shall, if appropriate, be proportionately adjusted; and it is further</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_2"></A>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">RESOLVED, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that the Secretary of the Fund is hereby authorized and directed to file with the Securities and Exchange Commission (&#147;SEC&#148;) a copy of the bond and a copy of the resolutions approving the amount, type, form and coverage of the bond and the portion of the premium to be paid by each of the Fund's Series, a statement showing the amount of the single insured bond which the Fund would have provided and maintained had it not been named as an insured under the broker's blanket bond described herein, a statement of the period for which premiums have been paid and a copy of the Agreement, all pursuant to Section 17(g) of the 1940 Act, and that the Secretary of the Fund be designated as the officers directed to make all necessary filings; and it is further</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">RESOLVED, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that this Board, including those Trustees/Directors who do not have control over or access to any of the portfolio securities, funds or other assets of the Fund's Series, hereby conclude that the amount, scope and coverage of the fidelity bond of the Fund are adequate; and it is further</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">RESOLVED, </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that this Board, taking all relevant factors into consideration, hereby determines that it is in the best interest of the Fund and the Fund&#146;s shareholders for the Fund and each Series to participate in the joint insured broker&#146;s blanket bond described at this meeting, and that the proposed premium allocation to the Fund and to each Series is fair and reasonable to the Fund and each Series based upon a consideration of the relative higher premium that would have been paid if comparable insurance coverage were purchased separately by the insured parties.</FONT></P>
<P style="MARGIN-LEFT: 500px" align=left><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif"><U>/s/ David F. Connor</U><B>______________</B><U>_________</U></FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">David F. Connor</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Secretary</FONT>
<TABLE>
<TR>
     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT></TD></TR></TABLE></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_3"></A>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">JOINT </FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>INSURANCE AGREEMENT</U></FONT></TD></TR></TABLE></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">THIS JOINT INSURANCE AGREEMENT, dated as of October 31, 2008, is by and among the funds comprising the Delaware Investments Family of Funds (listed on Schedule A hereto) (the "Funds").</FONT></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">BACKGROUND</FONT></U></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">THIS AGREEMENT is entered into with the following background:</FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">A. Section 17(g) of the Investment Company Act of 1940 (the "Act") authorizes the Securities and Exchange Commission ("SEC") to require that the officers and employees of registered management investment companies be bonded against larceny and embezzlement, and the SEC has promulgated Rule 17g-1 requiring such coverage in specified minimum amounts.</FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">B. The Funds have obtained and maintain the bonds and policies of insurance providing coverage against larceny and embezzlement by their officers and employees set forth in Attachment I hereto (the &#147;Joint Bonds&#148;).</FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">C. The Board of Trustees/Directors of each Fund, by vote of a majority of its members including a majority of those members of the Board of each Fund who are not "interested persons" as defined by Section 2 (a) (19) of the Act, has given due consideration to all factors relevant to the amount, type, form, coverage and apportionment of recoveries and premiums on the Joint Bonds and has approved the form, term and amount of the Joint Bonds, the portion of the premiums payable by each Fund, and the manner in which recovery on the Joint Bonds ("Joint Bond Proceeds"), if any, shall be shared by and among the parties hereto as hereinafter set forth.</FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_4"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NOW, THEREFORE, IT IS HEREBY AGREED by and among the parties hereto as</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">follows:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.&nbsp;&nbsp;&nbsp; <U>ALLOCATION </U></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>OF PROCEEDS</U> <BR>
<BR>
a.&nbsp;&nbsp;&nbsp;&nbsp; In the event a single party suffers a loss or losses covered under <BR>
the</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Joint Bonds, the party suffering such loss or losses shall be entitled to be indemnified up to <BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">the full amount of the Joint Bond Proceeds.</FONT></FONT></TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;b.&nbsp;&nbsp;&nbsp; If more than one party is damaged in a single loss for which Joint&nbsp;<BR>
</FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;Bond Proceeds are received, each such party shall receive that portion of the Joint Bond&nbsp;<BR>
&nbsp;Proceeds which represents the loss sustained by that party, unless the recovery is inadequate&nbsp;<BR>
&nbsp;to indemnify fully each such party. If the recovery is inadequate to indemnify fully each&nbsp;<BR>
&nbsp;such party sustaining a loss, the Joint Bond Proceeds shall be allocated among such parties as follows:</FONT></P>
<P style="MARGIN-LEFT: 45px" align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(1) Each party sustaining a loss shall be allocated an amount equal to the lesser of its actual loss or the minimum amount of bond coverage then allocated to such party in accordance with Rule 17g-1. Any party not fully indemnified for its insurable losses as a result of this allocation is hereafter referred to as an "Unindemnified Party".</FONT></P>
<P style="MARGIN-LEFT: 45px" align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(2) The remaining portion of the Joint Bond Proceeds, if any, shall be allocated to each Unindemnified Party in the same proportion as such party's allocation of minimum bond coverage (in accordance with Rule 17g-1) bears to the aggregate of the minimum bond coverage amounts for all Unindemnified Parties, provided that no party shall receive Joint Bond Proceeds in excess of its actual insurable losses.</FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_5"></A>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR></TR></TABLE>
<P><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">2.&nbsp;&nbsp;&nbsp;&nbsp; <U>ALLOCATION </U></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>OF PREMIUMS</U>&nbsp;<BR>
<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. The premiums payable with respect to the Joint Bonds shall be</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">allocated to each of the parties hereto on an annual basis (and, in the event any increased or additional premium is required to be paid during the year, as of the date such increased or additional premium is due) in the same proportion as each party's minimum amount of bond coverage as then reflected on Attachment II hereto shall bear to the total of such minimum coverage.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top width="100%" colSpan=2 rowSpan=2><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.</FONT>&nbsp;&nbsp;&nbsp;&nbsp; <U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">BOND </FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>COVERAGE REQUIREMENTS AND CHANGES </U></FONT></TD></TR>
<TR></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a. Each party hereto has determined that the minimum amount of fidelity bond coverage deemed appropriate to be maintained by it as of the date of this Agreement is as set forth opposite its name in Attachment II hereto. Each of the Funds represents and warrants to each of the other parties hereto that the minimum amount of coverage required of it under Rule 17g-1(d)(1) as of the date hereof is not more than the amount reflected opposite its name in Attachment II hereto. Each of the Funds further agrees that it will promptly take such steps as may be necessary, from time to time, to increase its minimum coverage as set forth in Attachment II hereto (and, if necessary, the face amount of the Joint Bonds) so that its minimum coverage as therein set forth shall at no time be less than the minimum coverage required of it under Rule 17g-1(d)(1). <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; b. The parties hereto may, from time to time hereafter, agree to modify Attachment II hereto to reflect changes in allocation of premium and coverage. All references in this Agreement to "Attachment II" shall be to such Attachment as amended as of the relevant date on which premiums are to be allocated or losses are sustained.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">4. </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">ADDITION </FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>OF NEW FUNDS AND OTHER ENTITIES</U></FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">The parties to this Agreement contemplate that additional funds or other related </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">entities permitted by Rule 17g-1 ("Additional Entities") may be added to Delaware</FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_6"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Investments from time to time after the date of this Agreement. In the event an Additional Entity is organized, such Entity may be included as an additional party to this Agreement if the Board of Trustees/Directors of each of the Funds (including an Additional Fund if it is being added) approve such addition and establish a revised minimum allocation of bond coverage. The inclusion of an Additional Entity as a party to this Agreement shall be evidenced by such Entity's execution of the Addendum to this Agreement and all references herein to the "Funds" shall include any such Additional Entities.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">5. </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">TERM </FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>OF AGREEMENT</U></FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">This Agreement shall apply to the present fidelity bond coverage and any renewals or replacements thereof and shall continue until terminated by any party hereto upon the giving of not less than sixty days written notice to the other parties.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">6. </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">DISPUTES</FONT></U></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Any dispute arising under this Agreement shall be submitted to arbitration in the City of Philadelphia, Pennsylvania under the Rules of the American Arbitration Association, and the decision rendered therein shall be final and binding upon the parties hereto.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">7. </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">GOVERNING </FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"><U>LAW</U></FONT></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">This Agreement shall be governed by, and construed in accordance with the laws of the Commonwealth of Pennsylvania, to the extent not inconsistent with applicable provisions of the Act and the rules and regulations promulgated thereunder by the SEC.</FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_7"></A>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have caused this Agreement to be executed by a duly authorized officer or representative as of the date first written above.</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DELAWARE INVESTMENTS FAMILY OF FUNDS on behalf of those Funds listed on Schedule A</FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: <BR>
<U>/s/ Patrick P. Coyne</U>_____________________<BR>
Patrick P. Coyne President</FONT></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_8"></A>
<IMG src="scheduleatojointinsurancx1x1.jpg" border=0>
<BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=center width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">JOINT INSURANCE AGREEMENT</FONT></B> </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DATED AS OF OCTOBER 31, 2008</FONT></B> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DELAWARE INVESTMENT FAMILY OF FUNDS</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>FUND</FONT></B> </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Adviser Funds</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Diversified Income Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware U.S. Growth Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Cash Reserve</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Cash Reserve Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds I</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Balanced Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Mid Cap Value Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds II</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Large Cap Value Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Value Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds III</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware American Services Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Small Cap Growth Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Trend Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds IV</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Growth Opportunities Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Global Real Estate Securities Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Healthcare Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds V</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Dividend Income Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Small Cap Core Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Small Cap Value Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Foundation Funds</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Aggressive Allocation Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Conservative Allocation Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Moderate Allocation Portfolio</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Global &amp; International Funds</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Emerging Markets Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Global Value Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware International Value Equity Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Government Fund</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Core Plus Bond Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Inflation Protected Bond Fund</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_9"></A>
<IMG src="scheduleatojointinsurancx2x1.jpg" border=0>
<BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New &#13;&#10;Roman,Times,serif" size=2>FUND</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Income Funds</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Corporate Bond Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Delchester Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Extended Duration Bond Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware High-Yield Opportunities Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Limited-Term Government Funds</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Limited-Term Diversified Income Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group State Tax-Free Income Trust</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Pennsylvania Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Tax Free Fund</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free USA Fund</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free USA Intermediate Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Tax-Free Money Fund</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Money Fund</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Pooled Trust</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Select 20 Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Core Focus Fixed Income Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Core Plus Fixed Income Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Emerging Markets Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Focus Smid-Cap Growth Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Global Fixed Income Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Global Real Estate Securities Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The High-Yield Bond Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Intermediate Fixed Income Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The International Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The International Fixed Income Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Labor Select International Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Large-Cap Growth Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Large-Cap Value Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Mid-Cap Growth Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Real Estate Investment Trust Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Real Estate Investment Trust Portfolio II</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Small-Cap Growth Equity Portfolio</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Smid-Cap Growth Equity Portfolio</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_10"></A>
<IMG src="scheduleatojointinsurancx3x1.jpg" border=0>
<BR>
<P align=left>
<TABLE>
<TR>
     <TD noWrap align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>FUND</FONT></B></TD></TR></TABLE>&nbsp;&nbsp; </P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware VIP Trust</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Balanced Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Capital Reserves Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Cash Reserve Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Diversified Income Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Emerging Markets Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Growth Opportunities Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP High Yield Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP International Value Equity Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP REIT Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Select Growth Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Small Cap Value Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Trend Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP U.S. Growth Series</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Value Series</FONT><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Insured Funds</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Arizona Fund</FONT></TD></TR></TABLE></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Intermediate Tax Free Funds</FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Minnesota Intermediate Fund</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Municipal Trust</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>No Funds</FONT></TD></TR></TABLE></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Mutual Funds</FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Minnesota High-Yield Municipal Bond Fund Delaware National High-Yield Municipal Bond Fund Delaware Tax-Free California Fund Delaware Tax-Free Idaho Fund Delaware Tax-Free New York Fund</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Mutual Funds II</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Colorado Fund</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Mutual Funds III</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Select Growth Fund</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Large Cap Core Fund</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Tax Free Funds</FONT></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Minnesota Fund</FONT></TD></TR></TABLE></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_11"></A>
<IMG src="scheduleatojointinsurancx4x1.jpg" border=0>
<BR>
<P align=left>
<TABLE>
<TR>
     <TD noWrap align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FUND</FONT></B></TD></TR></TABLE></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Dividend and Income Fund, Inc.</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Global Dividend and Income Fund, Inc.</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Arizona Municipal Income Fund, Inc.</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Colorado Municipal Income Fund, Inc.</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments National Municipal Income Fund</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Minnesota Municipal Income Fund II, Inc.</FONT></B></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Enhanced Global Dividend and Income Fund</FONT></B></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_12"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=top>
     <TD width="58%">
<P><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Chubb Group of Insurance Companies</FONT></B></P>
</TD>
     <TD width="41%">
<P><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif>DECLARATIONS FINANCIAL INSTITUTION</FONT></B></P>
</TD></TR>
<TR vAlign=top>
     <TD width="58%">
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>15 Mountain View Road, Warren, New Jersey 07059</FONT></P>
</TD>
     <TD width="41%">
<P><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif>COMPANY ASSET PROTECTION BOND</FONT></B></P>
</TD></TR>
<TR>
     <TD width="99%" colSpan=2>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=2>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="58%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED (including its </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Subsidiaries</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>):</FONT>&nbsp; </TD>
     <TD noWrap align=left width="41%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond Number: 81951478</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=2>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="58%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT>&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="58%">&nbsp; </TD>
     <TD noWrap align=left width="41%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE COMPANY</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=2>&nbsp; </TD></TR>
<TR vAlign=top>
     <TD width="58%">
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2005 MARKET STREET PHILADELPHIA, PA 19103</FONT></P>
</TD>
     <TD width="41%">
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Incorporated under the laws of Indiana a stock insurance company herein called the COMPANY Capital Center, 251 North Illinois, Suite 1100 Indianapolis, IN 46204-1927</FONT></P>
</TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="11%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ITEM 1.</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="25%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>BOND PERIOD:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="12%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>from</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="20%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>12:01 a.m. on</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="22%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>October 31, 2008</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="25%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="12%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="20%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>12:01 a.m. on</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="22%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>October 31, 2009</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="11%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ITEM 2.</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="85%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIMITS OF LIABILITY--DEDUCTIBLE AMOUNTS:</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If &#147;Not Covered&#148; is inserted below opposite any specified INSURING CLAUSE, such INSURING CLAUSE and any other reference shall be deemed to be deleted. </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>There shall be no deductible applicable to loss under INSURING CLAUSE 1. sustained by any Investment Company.</FONT></B></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DEDUCTIBLE</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="53%" colSpan=3><U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>INSURING </FONT></U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><U>CLAUSE</U></FONT><U>&nbsp; </U></TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIMIT </FONT></U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><U>OF LIABILITY</U></FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%">&nbsp; &nbsp;<U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>AMOUNT</FONT></U>&nbsp; </TD></TR>
<TR>
     <TD width="53%" colSpan=3>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="28%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="14%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Employee</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 0</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>On Premises</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In Transit</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>4.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Forgery or Alteration</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>5.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Extended Forgery</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>6.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Counterfeit Money</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>7.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Threats to Person</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ Not Covered</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ N/A</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>8.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Computer System</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>9.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer Instruction</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Uncollectible Items of Deposit</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 10,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>11.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="46%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Audit Expense</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 100,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 0</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="8%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ITEM 3.</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="89%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>THE LIABILITY OF THE COMPANY IS ALSO SUBJECT TO THE TERMS OF THE FOLLOWING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="89%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ENDORSEMENTS EXECUTED SIMULTANEOUSLY HEREWITH:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="89%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1-15</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>IN WITNESS WHEREOF, THE COMPANY </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>has caused this Bond to be signed by its authorized officers, but it shall valid unless also signed by an authorized representative of the Company.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_13"></A>
<P align=center>
<IMG src="p81951478_102008x2x1.jpg" border=0>
</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98) - Federal</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 1 of 1</FONT></P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY, in consideration of payment of the required premium, and in reliance on the APPLICATION and all other statements made and information furnished to the COMPANY by the ASSURED, and subject to the DECLARATIONS made a part of this Bond and to all other terms and conditions of this Bond, agrees to pay the ASSURED for:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Insuring Clauses</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Larceny </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Embezzlement </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>committed by any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, alone or in collusion with others.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="18%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="71%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>On Premises</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>resulting directly from robbery, burglary, false pretenses,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>common law or statutory larceny, misplacement, mysterious unexplainable</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>disappearance, damage, destruction or removal, from the possession, custody or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>control of the ASSURED, while such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is lodged or deposited at premises</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>located anywhere.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="18%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="71%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>In Transit</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>resulting directly from common law or statutory larceny,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>misplacement, mysterious unexplainable disappearance, damage or destruction,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>while the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is in transit anywhere:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in an armored motor vehicle, including loading and unloading thereof,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in the custody of a natural person acting as a messenger of the ASSURED,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in the custody of a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Transportation Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and being transported in a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>conveyance other than an armored motor vehicle provided, however, that</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>covered </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transported in such manner is limited to the following:</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>


<P><!--$$/page=-->
<A name="page_14"></A></P>
<P style="MARGIN-LEFT: 210px">(1)&nbsp;&nbsp;&nbsp; <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>written records,</FONT> <BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp;&nbsp;&nbsp;&nbsp; <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>securities issued in registered form, which are not endorsed or are restrictively endorsed, or</FONT> <BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>negotiable instruments not payable to bearer, which are not endorsed or are restrictively endorsed.</FONT> </FONT><BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Coverage under this INSURING CLAUSE begins immediately on the receipt of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>by the natural person or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Transportation Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and ends immediately on delivery to the premises of the addressee or to any representative of the addressee located anywhere.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD width=3>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 1 of 19</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Insuring Clauses</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Forgery Or Alteration</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>4.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Forgery </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>on, or fraudulent material alteration of, any bills of exchange,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>checks, drafts, acceptances, certificates of deposits, promissory notes, due</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>bills, money orders, orders upon public treasuries, letters of credit, other</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>written promises, orders or directions to pay sums certain in money, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="98%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>receipts for the withdrawal of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or</FONT> </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transferring, paying or delivering any funds or other </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or establishing</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any credit or giving any value in reliance on any written instructions, advices</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or applications directed to the ASSURED authorizing or acknowledging the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transfer, payment, delivery or receipt of funds or other </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, which</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instructions, advices or applications fraudulently purport to bear the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>handwritten signature of any customer of the ASSURED, or shareholder or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>subscriber to shares of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or of any financial</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>institution or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>but which instructions, advices or applications either</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>bear a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Forgery </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or have been fraudulently materially altered without the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>knowledge and consent of such customer, shareholder, subscriber, financial</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>institution or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>excluding, however, under this INSURING CLAUSE any loss covered under</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>INSURING CLAUSE 5. of this Bond, whether or not coverage for INSURING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CLAUSE 5. is provided for in the DECLARATIONS of this Bond.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>For the purpose of this INSURING CLAUSE, a mechanically reproduced facsimile</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="98%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; signature is treated the same as a handwritten signature.</FONT> </TD></TR>
<TR>
     <TD width="98%" colSpan=7>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Extended Forgery</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>5.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED having, in good faith, and in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ordinary course of business, for its own account or the account of others in any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="73%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>capacity:</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<P>
<A name="page_15"></A></P>
<P style="MARGIN-LEFT: 210px">a. <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>acquired, accepted or received, accepted or received, sold or delivered, or given value, extended credit or assumed liability, in reliance on any original</FONT> <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Securities, documents or other written instruments </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which prove to:</FONT></P>
<P style="MARGIN-LEFT: 210px"><FONT face=Arial size=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;&nbsp;&nbsp; bear a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Forgery </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or a fraudulently material alteration,</FONT>&nbsp;<BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp; have been lost or stolen, or</FONT>&nbsp;<BR>
<BR>
</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;&nbsp;&nbsp; be </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Counterfeit</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or</FONT> <BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b. guaranteed in writing or witnessed any signatures on any transfer, assignment, bill of sale, power of attorney, guarantee, endorsement or other obligation upon or in connection with any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Securities, documents or other written instruments</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </P>
<P style="MARGIN-LEFT: 210px"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Actual physical possession, and continued actual physical possession if taken as collateral, of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Securities, documents or other written instruments </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>by an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee, Custodian</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or a Federal or State chartered deposit institution of the ASSURED is a condition precedent to the ASSURED having relied on such items. Release or return of such collateral is an acknowledgment by the ASSURED that it no longer relies on such collateral.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 2 of 19</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Insuring Clauses</FONT></I></B></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=top>
     <TD width="22%">
<P><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Extended Forgery (continued)</FONT></I></P>
</TD>
     <TD width="77%">
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>For the purpose of this INSURING CLAUSE, a mechanically reproduced facsimile signature is treated the same as a handwritten signature.</FONT></P>
</TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Counterfeit Money</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>6.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the receipt by the ASSURED in good faith of any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Counterfeit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>money.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="17%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="72%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Threats To Person</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>7.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from surrender of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>away from an office of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED as a result of a threat communicated to the ASSURED to do bodily</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>harm to an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>as defined in Section 1.e. (1), (2) and (5), a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Relative </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>invitee of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or a resident of the household of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, who</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is, or allegedly is, being held captive provided, however, that prior to the surrender</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>who receives the threat has made a reasonable effort to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>notify an officer of the ASSURED who is not involved in such threat, and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the ASSURED has made a reasonable effort to notify the Federal Bureau of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Investigation and local law enforcement authorities concerning such threat.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that for purposes of this INSURING CLAUSE, any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED, as set forth in the preceding paragraph, shall be deemed to be an</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_16"></A>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED hereunder, but only with respect to the surrender of money, securities and other tangible personal property in which such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>has a legal or equitable interest.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Computer System</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>8.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from fraudulent:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>entries of data into, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>changes of data elements or programs within,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, provided the fraudulent entry or change causes:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>funds or other property to be transferred, paid or delivered,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an account of the ASSURED or of its customer to be added, deleted,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>debited or credited, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an unauthorized account or a fictitious account to be debited or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>credited.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Page 3 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="57%">&nbsp; </TD></TR></TABLE><BR>
<P align=left><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Insuring Clauses</FONT></I></B></P>
<P align=left><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>9.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>directed</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Transfer Instruction</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to the ASSURED authorizing the transfer of dividends or redemption proceeds of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shares from a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer's </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>account, provided such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Initiated Funds Transfer Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>was:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>received at the ASSURED'S offices by those </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employees </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the ASSURED</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>specifically authorized to receive the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Instruction</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>made by a person purporting to be a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>made by said person for the purpose of causing the ASSURED or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to sustain a loss or making an improper personal financial gain for such</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>person or any other person.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In order for coverage to apply under this INSURING CLAUSE, all </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Funds Transfer Instructions </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>must be received and processed in accordance with</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the Designated Procedures outlined in the APPLICATION furnished to the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="18%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="4%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="71%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Uncollectible Items of</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED having credited an account of a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Deposit</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>customer, shareholder or subscriber on the faith of any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Items of Deposit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>prove to be uncollectible, provided that the crediting of such account causes:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>redemptions or withdrawals to be permitted,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shares to be issued, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>dividends to be paid,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>from an account of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In order for coverage to apply under this INSURING CLAUSE, the ASSURED</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_17"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>must hold </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Items of Deposit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for the minimum number of days stated in the APPLICATION before permitting any redemptions or withdrawals, issuing any shares or paying any dividends with respect to such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Items of Deposit</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>. </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Items of Deposit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall not be deemed uncollectible until the ASSURED'S standard collection procedures have failed.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Audit Expense</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>11.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Expense incurred by the ASSURED for that part of the cost of audits or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>examinations required by any governmental regulatory authority or self-regulatory</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>organization to be conducted by such authority, organization or their appointee by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>reason of the discovery of loss sustained by the ASSURED and covered by this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="14%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Page 4 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%">&nbsp; </TD></TR>
<TR>
     <TD width="17%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="14%" colSpan=5>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="62%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%" colSpan=3><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>General Agreements</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Additional Companies</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>A.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If more than one corporation, or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or any combination of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Included As Assured</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>them is included as the ASSURED herein:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The total liability of the COMPANY under this Bond for loss or losses</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sustained by any one or more or all of them shall not exceed the limit for</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which the COMPANY would be liable under this Bond if all such loss were</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sustained by any one of them.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Only the first named ASSURED shall be deemed to be the sole agent of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>others for all purposes under this Bond, including but not limited to the giving</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or receiving of any notice or proof required to be given and for the purpose</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>effecting or accepting any amendments to or termination of this Bond. The</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY shall furnish each </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>with a copy of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond and with any amendment thereto, together with a copy of each formal</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>filing of claim by any other named ASSURED and notification of the terms</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the settlement of each such claim prior to the execution of such settlement.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY shall not be responsible for the proper application of any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>payment made hereunder to the first named ASSURED.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(4)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Knowledge possessed or discovery made by any partner, director, trustee,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>officer or supervisory employee of any ASSURED shall constitute knowledge</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or discovery by all the ASSUREDS for the purposes of this Bond.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(5)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If the first named ASSURED ceases for any reason to be covered under this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond, then the ASSURED next named on the APPLICATION shall thereafter</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="62%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>be considered as the first named ASSURED for the purposes of this Bond.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="17%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="4%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="1%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="62%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%" colSpan=3><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Representation Made By</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>B.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The ASSURED represents that all information it has furnished in the</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_18"></A>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=top>
     <TD width="19%">
<P><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Assured</FONT></I></P>
</TD>
     <TD width="80%">
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>APPLICATION for this Bond or otherwise is complete, true and correct. Such APPLICATION and other information constitute part of this Bond.</FONT></P>
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The ASSURED must promptly notify the COMPANY of any change in any fact or circumstance which materially affects the risk assumed by the COMPANY under this Bond.</FONT></P>
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Any intentional misrepresentation, omission, concealment or incorrect statement of a material fact, in the APPLICATION or otherwise, shall be grounds for recision of this Bond.</FONT></P>
</TD></TR></TABLE><BR>
<P align=left>
<TABLE>
<TR>
     <TD width=3>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 5 of 19</FONT></TD></TR></TABLE></P>
<P align=left><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>General Agreements</FONT></I></B></P>
<P align=left><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Additional Offices Or</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>C.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If the ASSURED, other than an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, while this Bond is in force,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Employees - Consolidation,</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>merges or consolidates with, or purchases or acquires assets or liabilities of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Merger Or Purchase Or</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>another institution, the ASSURED shall not have the coverage afforded under this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Acquisition Of Assets Or</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond for loss which has:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Liabilities - Notice To</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>occurred or will occur on premises, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Company</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>been caused or will be caused by an employee, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>arisen or will arise out of the assets or liabilities,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp;</TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="31%">of such institution, unless the ASSURED:</TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="30%">&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>gives the COMPANY written notice of the proposed consolidation, merger</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>purchase or acquisition of assets or liabilities prior to the proposed effective</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>date of such action, and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>obtains the written consent of the COMPANY to extend some or all of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>coverage provided by this Bond to such additional exposure, and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>on obtaining such consent, pays to the COMPANY an additional premium.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="23%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="2%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="63%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Change Of Control -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>D.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>When the ASSURED learns of a change in control (other than in an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Notice To Company</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>), as set forth in Section 2(a) (9) of the Investment Company Act of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1940,</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the ASSURED shall within sixty (60) days give written notice to the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY setting forth:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the names of the transferors and transferees (or the names of the beneficial</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>owners if the voting securities are registered in another name),</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the total number of voting securities owned by the transferors and the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transferees (or the beneficial owners), both immediately before and after</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transfer, and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the total number of outstanding voting securities.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Failure to give the required notice shall result in termination of coverage for any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss involving a transferee, to be effective on the date of such change in control.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="23%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="2%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="70%" colSpan=5>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_19"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Court Costs And</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>E.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY will indemnify the ASSURED for court costs and reasonable</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Attorneys&#146; Fees</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>attorneys' fees incurred and paid by the ASSURED in defense, whether or not</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>successful, whether or not fully litigated on the merits and whether or not settled,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of any claim, suit or legal proceeding with respect to which the ASSURED would</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>be entitled to recovery under this Bond. However, with respect to INSURING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CLAUSE 1., this Section shall only apply in the event that:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>admits to being guilty of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Larceny or Embezzlement</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="63%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is adjudicated to be guilty of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Larceny or Embezzlement</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 6 of 19</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>General Agreements</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%">&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Court Costs And</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%">&nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in the absence of 1 or 2 above, an arbitration panel agrees, after a review</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Attorneys&#146; Fees</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%">&nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an agreed statement of facts between the COMPANY and the ASSURED,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%">&nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>that an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>would be found guilty of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Larceny or Embezzlement </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>if</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="99%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>were prosecuted.</FONT> </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The ASSURED shall promptly give notice to the COMPANY of any such suit or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>legal proceeding and at the request of the COMPANY shall furnish copies of all</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>pleadings and pertinent papers to the COMPANY. The COMPANY may, at its</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sole option, elect to conduct the defense of all or part of such legal proceeding.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The defense by the COMPANY shall be in the name of the ASSURED through</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>attorneys selected by the COMPANY. The ASSURED shall provide all reasonable</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>information and assistance as required by the COMPANY for such defense.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If the COMPANY declines to defend the ASSURED, no settlement without the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>prior written consent of the COMPANY nor judgment against the ASSURED shall</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>determine the existence, extent or amount of coverage under this Bond.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If the amount demanded in any such suit or legal proceeding is within the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DEDUCTIBLE AMOUNT, if any, the COMPANY shall have no liability for court</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>costs and attorney's fees incurred in defending all or part of such suit or legal</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>proceeding.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If the amount demanded in any such suit or legal proceeding is in excess of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS for the applicable</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>INSURING CLAUSE, the COMPANY'S liability for court costs and attorney's fees</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>incurred in defending all or part of such suit or legal proceedings is limited to the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>proportion of such court costs and attorney's fees incurred that the LIMIT OF</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIABILITY stated in ITEM 2. of the DECLARATIONS for the applicable INSURING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CLAUSE bears to the total of the amount demanded in such suit or legal</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>proceeding.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If the amount demanded is any such suit or legal proceeding is in excess of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="74%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DEDUCTIBLE AMOUNT, if any, but within the LIMIT OF LIABILITY stated in ITEM</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="23%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the DECLARATIONS for the applicable INSURING CLAUSE, the</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_20"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY'S liability for court costs and attorney's fees incurred in defending all or part of such suit or legal proceedings shall be limited to the proportion of such court costs or attorney's fees that the amount demanded that would be payable under this Bond after application of the DEDUCTIBLE AMOUNT, bears to the total amount demanded.</FONT></P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Amounts paid by the COMPANY for court costs and attorneys' fees shall be in addition to the LIMIT OF LIABILITY stated in ITEM 2. of the DECLARATIONS.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 7 of 19</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Definitions</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="72%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>As used in this Bond:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means a computer and all input, output, processing,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>storage, off-line media libraries, and communication facilities which are</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>connected to the computer and which are under the control and supervision</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the operating system(s) or application(s) software used by the ASSURED.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Counterfeit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means an imitation of an actual valid original which is intended</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to deceive and be taken as the original.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Custodian </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means the institution designated by an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="97%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>maintain possession and control of its assets.</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means an individual, corporate, partnership, trust customer,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shareholder or subscriber of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which has a written</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>agreement with the ASSURED for </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Instruction</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>e.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an officer of the ASSURED,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a natural person while in the regular service of the ASSURED at any of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the ASSURED'S premises and compensated directly by the ASSURED</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>through its payroll system and subject to the United States Internal</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Revenue Service Form W-2 or equivalent income reporting plans of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>other countries, and whom the ASSURED has the right to control and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>direct both as to the result to be accomplished and details and means</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>by which such result is accomplished in the performance of such</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>service,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a guest student pursuing studies or performing duties in any of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED'S premises,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(4)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an attorney retained by the ASSURED and an employee of such</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>attorney while either is performing legal services for the ASSURED,</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_21"></A>
<P style="MARGIN-LEFT: 210px" align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(5)&nbsp;&nbsp;&nbsp;&nbsp; <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a natural person provided by an employment contractor to perform employee duties for the ASSURED under the ASSURED'S supervision at any of the ASSURED'S premises,</FONT>&nbsp;<BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(6)&nbsp;&nbsp;&nbsp;&nbsp; <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an employee of an institution merged or consolidated with the ASSURED prior to the effective date of this Bond,</FONT>&nbsp;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
<BR>
</FONT>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(7)&nbsp;&nbsp;&nbsp;&nbsp; a <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>director or trustee of the ASSURED, but only while performing acts within the scope of the customary and usual duties of any officer or other employee of the ASSURED or while acting as a member of any committee duly elected or appointed to examine or audit or have custody of or access to </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the ASSURED, or</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif color=#ffffff size=2></FONT></FONT>&nbsp;&nbsp; </P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 8 of 19</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Definitions</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(8)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>each natural person, partnership or corporation authorized by written</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>agreement with the ASSURED to perform services as electronic data</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>processor of checks or other accounting records related to such checks but</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>only while such person, partnership or corporation is actually performing</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>such services and not:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>creating, preparing, modifying or maintaining the ASSURED'S</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>computer software or programs, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>acting as transfer agent or in any other agency capacity in issuing</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>checks, drafts or securities for the ASSURED,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(9)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any partner, officer or employee of an investment advisor, an underwriter</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(distributor), a transfer agent or shareholder accounting recordkeeper, or an</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>administrator, for an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>while performing acts coming</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>within the scope of the customary and usual duties of an officer or employee</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or acting as a member of any committee duly</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>elected or appointed to examine, audit or have custody of or access to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>an Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The term </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall not include any partner, officer or employee of a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="68%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transfer agent, shareholder accounting recordkeeper or administrator:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which is not an "affiliated person" (as defined in Section 2(a) of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Investment Company Act of 1940) of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the investment advisor or underwriter (distributor) of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="60%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which is a "bank" (as defined in Section 2(a) of the Investment</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_22"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Company Act of 1940).</FONT></P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Bond does not afford coverage in favor of the employers of persons as set forth in e. (4), (5) and (8) above, and upon payment to the ASSURED by the COMPANY resulting directly from </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Larceny or Embezzlement </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>committed by any of the partners, officers or employees of such employers, whether acting alone or in collusion with others, an assignment of such of the ASSURED'S rights and causes of action as it may have against such employers by reason of such acts so committed shall, to the extent of such payment, be given by the ASSURED to the COMPANY, and the ASSURED shall execute all papers necessary to secure to the COMPANY the rights provided for herein.</FONT></P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Each employer of persons as set forth in e.(4), (5) and (8) above and the partners, officers and other employees of such employers shall collectively be deemed to be one person for all the purposes of this Bond; excepting, however, the fifth paragraph of Section 13.</FONT></P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Independent contractors not specified in e.(4), (5) or (8) above, intermediaries, agents, brokers or other representatives of the same general character shall not be considered </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employees</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 9 of 19</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%">&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Definitions</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>f.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Forgery </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means the signing of the name of another natural person with the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>intent to deceive but does not mean a signature which consists in whole or in</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>part of one's own name, with or without authority, in any capacity for any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>purpose.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>g.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any investment company registered under the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Investment Company Act of 1940 and listed under the NAME OF ASSURED</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>on the DECLARATIONS.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>h.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Items of Deposit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means one or more checks or drafts drawn upon a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>financial institution in the United States of America.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>i.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Larceny or Embezzlement </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means larceny or embezzlement as defined in</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Section 37 of the Investment Company Act of 1940.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>j.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means money, revenue and other stamps; securities; including any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>note, stock, treasury stock, bond, debenture, evidence of indebtedness,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>certificate of deposit, certificate of interest or participation in any profit-</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sharing agreement, collateral trust certificate, preorganization certificate or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>subscription, transferable share, investment contract, voting trust certificate,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>certificate of deposit for a security, fractional undivided interest in oil, gas, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>other mineral rights, any interest or instruments commonly known as a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="69%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>security under the Investment Company Act of 1940, any other certificate of</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_23"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the foregoing; bills of exchange; acceptances; checks; withdrawal orders; money orders; travelers' letters of credit; bills of lading; abstracts of title; insurance policies, deeds, mortgages on real estate and/or upon chattels and interests therein; assignments of such policies, deeds or mortgages; other valuable papers, including books of accounts and other records used by the ASSURED in the conduct of its business (but excluding all electronic data processing records); and, all other instruments similar to or in the nature of the foregoing in which the ASSURED acquired an interest at the time of the ASSURED'S consolidation or merger with, or purchase of the principal assets of, a predecessor or which are held by the ASSURED for any purpose or in any capacity and whe
ther so held gratuitously or not and whether or not the ASSURED is liable therefor.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 10 of 19</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD noWrap align=left width="22%"></TD>
     <TD width="2%"></TD>
     <TD vAlign=top noWrap align=left width="8%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>k.</FONT>&nbsp;</TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Relative </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means the spouse of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or partner of the ASSURED and <BR>
any unmarried child supported wholly by, or living in the home of, such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or partner <BR>
and being related to them by blood, marriage or legal guardianship.</FONT> </TD></TR>
<TR>
     <TD noWrap align=left width="22%"></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="8%"></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="65%"></TD></TR>
<TR>
     <TD noWrap align=left width="22%"></TD>
     <TD width="2%"></TD>
     <TD vAlign=top noWrap align=left width="8%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>l.</FONT></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Securities, documents or other written instruments </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means original (including <BR>
original counterparts) negotiable or non-negotiable instruments, or assignments <BR>
thereof, which in and of themselves represent an equitable interest, ownership, or debt <BR>
and which are in the ordinary course of business transferable by delivery of such instruments <BR>
with any necessary endorsements or assignments.</FONT> </TD></TR>
<TR>
     <TD noWrap align=left width="22%"></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="8%"></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="65%"></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Definitions</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>m.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Subsidiary </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any organization that, at the inception date of this Bond,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is named in the APPLICATION or is created during the BOND PERIOD and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of which more than fifty percent (50%) of the outstanding securities or voting</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>rights representing the present right to vote for election of directors is owned</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or controlled by the ASSURED either directly or through one or more of its</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>subsidiaries.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>n.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Transportation Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any organization which provides its own</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or its leased vehicles for transportation or which provides freight forwarding</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or air express services.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>o.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Election </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any election concerning dividend options</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>available to </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shareholders or subscribers which is<BR>
</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>requested by voice over the telephone.</FONT></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>p.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Redemption </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any redemption of shares issued by an</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which is requested by voice over the telephone.</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<P>
<A name="page_24"></A></P>
<P>&nbsp;</P>
<P style="MARGIN-LEFT: 210px"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>q.&nbsp;&nbsp;&nbsp; <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Redemption </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Election</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>For the purposes of these definitions, the singular includes the plural and the plural includes the singular, unless otherwise indicated.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>General Exclusions -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=7><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>This bond does not directly or indirectly cover:</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%" colSpan=3><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Applicable to All Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss not reported to the COMPANY in writing within sixty (60) days after</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clauses</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>termination of this Bond as an entirety;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss due to riot or civil commotion outside the United States of America and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Canada, or any loss due to military, naval or usurped power, war or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>insurrection. This Section 2.b., however, shall not apply to loss which occurs</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in transit in the circumstances recited in INSURING CLAUSE 3., provided</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>that when such transit was initiated there was no knowledge on the part of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any person acting for the ASSURED of such riot, civil commotion, military,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>naval or usurped power, war or insurrection;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from the effects of nuclear fission or fusion or radioactivity;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss of potential income including, but not limited to, interest and dividends</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>not realized by the ASSURED or by any customer of the ASSURED;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>e.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>damages of any type for which the ASSURED is legally liable, except</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>compensatory damages, but not multiples thereof, arising from a loss</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>covered under this Bond;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>f.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>costs, fees and expenses incurred by the ASSURED in establishing the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>existence of or amount of loss under this Bond, except to the extent covered</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>under INSURING CLAUSE 11.;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>g.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from indirect or consequential loss of any nature;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="52%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="29%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 11 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="52%">&nbsp; </TD></TR>
<TR>
     <TD width="29%" colSpan=5>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="4%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="52%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="52%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="52%">&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR>
     <TD width="96%" colSpan=11>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>General Exclusions -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>h.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from dishonest acts by any member of the Board of Directors</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%" colSpan=3><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Applicable to All Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or Board of Trustees of the ASSURED who is not an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, acting</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clauses</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>alone or in collusion with others;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>i.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss, or that part of any loss, resulting solely from any violation by the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED or by any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="59%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of any law regulating:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="52%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the issuance, purchase or sale of securities,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="52%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>securities transactions on security or commodity exchanges or</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_25"></A>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="53%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the over the counter market,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="53%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>investment companies,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="53%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>investment advisors, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of any rule or regulation made pursuant to any such law; or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>j.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss of confidential information, material or data;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>k.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from voice requests or instructions received over the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>telephone, provided however, this Section 2.k. shall not apply to INSURING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="30%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CLAUSE 7. or 9.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR>
     <TD width="20%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="6%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="30%" colSpan=7>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="35%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Specific Exclusions -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="75%" colSpan=11><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3. </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>This Bond does not directly or indirectly cover:</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Applicable To All Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss caused by an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, provided, however, this Section 3.a. shall not</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clauses Except Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>apply to loss covered under INSURING CLAUSE 2. or 3. which results</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clause 1.</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>directly from misplacement, mysterious unexplainable disappearance, or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>damage or destruction of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss through the surrender of property away from premises of the ASSURED</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="30%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>as a result of a threat:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to do bodily harm to any natural person, except loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transit in the custody of any person acting as messenger of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED, provided that when such transit was initiated there was no</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>knowledge by the ASSURED of any such threat, and provided further</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>that this Section 3.b. shall not apply to INSURING CLAUSE 7., or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="61%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to do damage to the premises or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the ASSURED;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from payments made or withdrawals from any account</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="97%" colSpan=13><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>involving erroneous credits to such account;</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss involving </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Items of Deposit </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which are not finally paid for any reason</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>provided however, that this Section 3.d. shall not apply to INSURING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="12%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CLAUSE 10.;</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>e.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss of property while in the mail;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="28%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 12 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR>
     <TD width="28%" colSpan=3>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="4%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="6%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="3%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="11%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="35%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=13>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Specific Exclusions -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>f.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from the failure for any reason of a financial or depository</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Applicable To All Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>institution, its receiver or other liquidator to pay or deliver funds or other</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clauses Except Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to the ASSURED provided further that this Section 3.f. shall not</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clause 1.</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>apply to loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>resulting directly from robbery, burglary,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>misplacement,</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>mysterious</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>unexplainable disappearance, damage,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>destruction or removal from the possession, custody or control of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="12%" colSpan=3>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>g.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>while in the custody of a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Transportation Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>provided however, that this Section 3.g. shall not apply to INSURING</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="12%" colSpan=3>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CLAUSE 3.;</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="3%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="35%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>h.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from entries or changes made by a natural person with</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="20%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="67%" colSpan=9>&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>authorized access to a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>who acts in good faith on</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_26"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 210px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instructions, unless such instructions are given to that person by a software contractor or its partner, officer, or employee authorized by the ASSURED to design, develop, prepare, supply, service, write or implement programs for the ASSURED's </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>; or</FONT></P>
<P style="MARGIN-LEFT: 210px; TEXT-INDENT: 100px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>i.&nbsp;&nbsp;&nbsp;&nbsp; <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting directly or indirectly from the input of data into a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>terminal, either on the premises of the customer of the ASSURED or under the control of such a customer, by a customer or other person who had authorized access to the customer's authentication mechanism.</FONT> </FONT></FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Specific Exclusions -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>4.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>This bond does not directly or indirectly cover:</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Applicable To All Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from the complete or partial non-payment of or default on any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clauses Except Insuring</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loan whether such loan was procured in good faith or through trick, artifice,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Clauses 1., 4., And 5.</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>fraud or false pretenses; provided, however, this Section 4.a. shall not apply</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to INSURING CLAUSE 8.;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from forgery or any alteration;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss involving a counterfeit provided, however, this Section 4.c. shall not</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="97%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>apply to INSURING CLAUSE 5. or 6.</FONT> </TD></TR>
<TR>
     <TD width="97%" colSpan=7>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Limit Of Liability/Non-</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>5.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>At all times prior to termination of this Bond, this Bond shall continue in force for</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Reduction And Non-</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the limit stated in the applicable sections of ITEM 2. of the DECLARATIONS,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Accumulation Of Liability</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>notwithstanding any previous loss for which the COMPANY may have paid or be</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>liable to pay under this Bond provided, however, that the liability of the COMPANY</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="97%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>under this Bond with respect to all loss resulting from:</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any one act of burglary, robbery or hold-up, or attempt thereat, in which no</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="97%" colSpan=7><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is concerned or implicated, or</FONT> </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any one unintentional or negligent act on the part of any one person</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>resulting in damage to or destruction or misplacement of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>all acts, other than those specified in a. above, of any one person, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 13 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%">&nbsp; </TD></TR>
<TR>
     <TD width="31%" colSpan=5>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="64%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Limit Of Liability/Non-</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any one casualty or event other than those specified in a., b., or c. above,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Reduction And Non-</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall be deemed to be one loss and shall be limited to the applicable LIMIT OF</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Accumulation Of Liability</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIABILITY stated in ITEM 2. of the DECLARATIONS of this Bond irrespective of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the total amount of such loss or losses and shall not be cumulative in amounts</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>from year to year or from period to period.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>All acts, as specified in c. above, of any one person which</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>


<!--$$/page=-->
<A name="page_27"></A>

<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">i.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">directly or indirectly aid in any way wrongful acts of any other person or</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">persons, or</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">ii.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">permit the continuation of wrongful acts of any other person or persons</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">whether such acts are committed with or without the knowledge of the wrongful</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">acts of the person so aided, and whether such acts are committed with or without</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">the intent to aid such other person, shall be deemed to be one loss with the</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">wrongful acts of all persons so aided.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD colspan=3>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Discovery</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">6.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">This Bond applies only to loss first discovered by an officer of the ASSURED</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">during the BOND PERIOD. Discovery occurs at the earlier of an officer of the</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">ASSURED being aware of:</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">a.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">facts which may subsequently result in a loss of a type covered by this Bond,</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">or</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">b.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">an actual or potential claim in which it is alleged that the ASSURED is liable</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">to a third party,</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">regardless of when the act or acts causing or contributing to such loss occurred,</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">even though the amount of loss does not exceed the applicable DEDUCTIBLE</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=70% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">AMOUNT, or the exact amount or details of loss may not then be known.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD colspan=3>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Notice To Company -</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">7.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">a.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">The ASSURED shall give the COMPANY notice thereof at the earliest</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=25% nowrap colspan=3>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Proof - Legal Proceedings</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">practicable moment, not to exceed sixty (60) days after discovery of loss, in</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Against Company</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">an amount that is in excess of 50% of the applicable DEDUCTIBLE</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">AMOUNT, as stated in ITEM 2. of the DECLARATIONS.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">b.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">The ASSURED shall furnish to the COMPANY proof of loss, duly sworn to,</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">with full particulars within six (6) months after such discovery.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">c.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Securities listed in a proof of loss shall be identified by certificate or bond</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">numbers, if issued with them.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">d.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Legal proceedings for the recovery of any loss under this Bond shall not be</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">brought prior to the expiration of sixty (60) days after the proof of loss is filed</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">with the COMPANY or after the expiration of twenty-four (24) months from</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">the discovery of such loss.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">e.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">This Bond affords coverage only in favor of the ASSURED. No claim, suit,</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">action or legal proceedings shall be brought under this Bond by anyone</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">other than the ASSURED.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
<FONT size=1 face="ArialMT,Arial,Helvetica,sans-serif">ICAP Bond (5-98)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=6% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=4% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=17% nowrap>
<FONT size=1 face="ArialMT,Arial,Helvetica,sans-serif">Form 17-02-1421 (Ed. 5-98)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=12% nowrap colspan=3>
<FONT size=1 face="ArialMT,Arial,Helvetica,sans-serif">Page 14 of 19</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=64% nowrap>
&nbsp;
	</TD>
</TR>
</TABLE><BR>

<HR noshade align="center" width="100%" size=2>


<!--$$/page=-->
<A name="page_28"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Notice To Company -</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>f.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Proof of loss involving </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Proof - Legal Proceedings</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>include electronic recordings of such instructions.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Against Company</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="24%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR>
     <TD width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="65%">
<HR noShade SIZE=1>
</TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Deductible Amount</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>8.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY shall not be liable under any INSURING CLAUSES of this Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>on account of loss unless the amount of such loss, after deducting the net amount</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of all reimbursement and/or recovery obtained or made by the ASSURED, other</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>than from any Bond or policy of insurance issued by an insurance company and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>covering such loss, or by the COMPANY on account thereof prior to payment by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the COMPANY of such loss, shall exceed the DEDUCTIBLE AMOUNT set forth in</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ITEM 3. of the DECLARATIONS, and then for such excess only, but in no event</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for more than the applicable LIMITS OF LIABILITY stated in ITEM 2. of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DECLARATIONS.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>There shall be no deductible applicable to any loss under INSURING CLAUSE 1.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sustained by any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="19%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="70%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Valuation</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>9.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>BOOKS OF ACCOUNT OR OTHER RECORDS</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The value of any loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>consisting of books of account or other records</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>used by the ASSURED in the conduct of its business shall be the amount paid by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the ASSURED for blank books, blank pages, or other materials which replace the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>lost books of account or other records, plus the cost of labor paid by the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED for the actual transcription or copying of data to reproduce such books</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of account or other records.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The value of any loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>other than books of account or other records</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>used by the ASSURED in the conduct of its business, for which a claim is made</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall be determined by the average market value of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>on the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>business day immediately preceding discovery of such loss provided, however,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>that the value of any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>replaced by the ASSURED with the consent of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY and prior to the settlement of any claim for such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall be the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>actual market value at the time of replacement.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In the case of a loss of interim certificates, warrants, rights or other securities, the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>production of which is necessary to the exercise of subscription, conversion,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>redemption or deposit privileges, the value of them shall be the market value of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>such privileges immediately preceding their expiration if said loss is not discovered</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>until after their expiration. If no market price is quoted for such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or for</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>such privileges, the value shall be fixed by agreement between the parties.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>OTHER PROPERTY</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The value of any loss of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, other than as stated above, shall be the actual</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_29"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 180px" align=center><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>cash value or the cost of repairing or replacing such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>with </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of like quality and value, whichever is less.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 15 of 19</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B><BR>
<B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B><BR>
<I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Securities Settlement</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In the event of a loss of securities covered under this Bond, the COMPANY may,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>at its sole discretion, purchase replacement securities, tender the value of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>securities in money, or issue its indemnity to effect replacement securities.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The indemnity required from the ASSURED under the terms of this Section</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>against all loss, cost or expense arising from the replacement of securities by the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY'S indemnity shall be:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for securities having a value less than or equal to the applicable</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DEDUCTIBLE AMOUNT - one hundred (100%) percent;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for securities having a value in excess of the DEDUCTIBLE AMOUNT but</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>within the applicable LIMIT OF LIABILITY - the percentage that the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DEDUCTIBLE AMOUNT bears to the value of the securities;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for securities having a value greater than the applicable LIMIT OF LIABILITY</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>- the percentage that the DEDUCTIBLE AMOUNT and portion in excess of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="64%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the applicable LIMIT OF LIABILITY bears to the value of the securities.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The value referred to in Section 10.a., b., and c. is the value in accordance with</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Section 9, VALUATION, regardless of the value of such securities at the time the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="98%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss under the COMPANY'S indemnity is sustained.</FONT> </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY is not required to issue its indemnity for any portion of a loss of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>securities which is not covered by this Bond; however, the COMPANY may do so</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>as a courtesy to the ASSURED and at its sole discretion.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The ASSURED shall pay the proportion of the Company's premium charge for the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Company's indemnity as set forth in Section 10.a., b., and c. No portion of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIMIT OF LIABILITY shall be used as payment of premium for any indemnity</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="70%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>purchased by the ASSURED to obtain replacement securities.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="19%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="5%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="70%" colSpan=3>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=top>
     <TD width="29%">
<P><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Subrogation - Assignment - </FONT></I><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>11. </FONT><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Recovery</FONT></I></P>
</TD>
     <TD width="70%">
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In the event of a payment under this Bond, the COMPANY shall be subrogated to all of the ASSURED'S rights of recovery against any person or entity to the extent of such payment. On request, the ASSURED shall deliver to the COMPANY an assignment of the ASSURED'S rights, title and interest and causes of action against any person or entity to the extent of such payment.</FONT></P>
</TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>


<!--$$/page=-->
<A name="page_30"></A>

<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Recoveries, whether effected by the COMPANY or by the ASSURED, shall be</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">applied net of the expense of such recovery in the following order:</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">a.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">first, to the satisfaction of the ASSURED'S loss which would otherwise have</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">been paid but for the fact that it is in excess of the applicable LIMIT OF</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">LIABILITY,</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">b.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">second, to the COMPANY in satisfaction of amounts paid in settlement of</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">the ASSURED'S claim,</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">c.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">third, to the ASSURED in satisfaction of the applicable DEDUCTIBLE</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">AMOUNT, and</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<FONT size=1 face="ArialMT,Arial,Helvetica,sans-serif">ICAP Bond (5-98)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=32% nowrap colspan=5>
<FONT size=1 face="ArialMT,Arial,Helvetica,sans-serif">Form 17-02-1421 (Ed. 5-98) Page 16 of 19</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=5>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<B><I><FONT face="Arial-BoldItalicMT,Arial,Helvetica,sans-serif">Conditions And</FONT></I></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<B><I><FONT face="Arial-BoldItalicMT,Arial,Helvetica,sans-serif">Limitations</FONT></I></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Subrogation - Assignment -</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">d.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">fourth, to the ASSURED in satisfaction of any loss suffered by the</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Recovery</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">ASSURED which was not covered under this Bond.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">(continued)</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Recovery from reinsurance or indemnity of the COMPANY shall not be deemed</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">recovery under this section.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD colspan=3>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Cooperation Of Assured</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">12.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">At the COMPANY'S request and at reasonable times and places designated by</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">the COMPANY, the ASSURED shall:</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">a.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">submit to examination by the COMPANY and subscribe to the same under</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">oath,</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">b.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">produce for the COMPANY'S examination all pertinent records, and</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">c.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=63% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">cooperate with the COMPANY in all matters pertaining to the loss.</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">The ASSURED shall execute all papers and render assistance to secure to the</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">COMPANY the rights and causes of action provided for under this Bond. The</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">ASSURED shall do nothing after loss to prejudice such rights or causes of action</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD colspan=3>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
<I><FONT size=2 face="Arial-ItalicMT,Arial,Helvetica,sans-serif">Termination</FONT></I>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">13.</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">If the Bond is for a sole ASSURED, it shall not be terminated unless written notice</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">shall have been given by the acting party to the affected party and to the</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Securities and Exchange Commission, Washington, D.C., not less than sixty (60)</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=97% colspan=7>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">days prior to the effective date of such termination.</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">If the Bond is for a joint ASSURED, it shall not be terminated unless written notice</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">shall have been given by the acting party to the affected party, and by the</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=22% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=3% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=68% nowrap colspan=3>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">COMPANY to all ASSURED </FONT><B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Investment Companies </FONT></B><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">and to the
Securities and</FONT>&nbsp;
	</TD>
</TR>
</TABLE><BR>

<HR noshade align="center" width="100%" size=2>


<!--$$/page=-->
<A name="page_31"></A>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Exchange Commission, Washington, D.C., not less than sixty (60) days prior to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the effective date of such termination.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Bond will terminate as to any one ASSURED, other than an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>immediately on the taking over of such ASSURED by a receiver or other</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>liquidator or by State or Federal officials, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>immediately on the filing of a petition under any State or Federal statute</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>relative to bankruptcy or reorganization of the ASSURED, or assignment for</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the benefit of creditors of the ASSURED, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>immediately upon such ASSURED ceasing to exist, whether through merger</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>into another entity, disposition of all of its assets or otherwise.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY shall refund the unearned premium computed at short rates in</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>accordance with the standard short rate cancellation tables if terminated by the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED or pro rata if terminated for any other reason.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Page 17 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; </TD></TR>
<TR>
     <TD width="18%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="11%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="66%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%">&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Termination</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If any partner, director, trustee, or officer or supervisory employee of an</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED not acting in collusion with an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>learns of any dishonest act</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>committed by such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>at any time, whether in the employment of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED or otherwise, whether or not such act is of the type covered under this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond, and whether against the ASSURED or any other person or entity, the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall immediately remove such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>from a position that would enable</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to cause the ASSURED to suffer a loss covered by this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond; and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>within forty-eight (48) hours of learning that an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>has committed</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>any dishonest act, shall notify the COMPANY, of such action and provide full</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="66%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>particulars of such dishonest act.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY may terminate coverage as respects any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sixty (60)</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>days after written notice is received by each ASSURED </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and the Securities and Exchange Commission, Washington, D.C. of its desire to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>terminate this Bond as to such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="18%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="79%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Other Insurance</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>14. Coverage under this Bond shall apply only as excess over any valid and collectible</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="18%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="79%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>insurance, indemnity or suretyship obtained by or on behalf of:</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_32"></A>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the ASSURED,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Transportation Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, or</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>another entity on whose premises the loss occurred or which employed the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>person causing the loss or engaged the messenger conveying the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>involved.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="19%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="4%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="4%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="65%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Conformity</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>15.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If any limitation within this Bond is prohibited by any law controlling this Bond's</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>construction, such limitation shall be deemed to be amended so as to equal the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="98%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>minimum period of limitation provided by such law.</FONT> </TD></TR>
<TR>
     <TD width="98%" colSpan=7>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Change or Modification</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>16.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Bond or any instrument amending or affecting this Bond may not be changed</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or modified orally. No change in or modification of this Bond shall be effective</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>except when made by written endorsement to this Bond signed by an authorized</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>representative of the COMPANY.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If this Bond is for a sole ASSURED, no change or modification which would</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>adversely affect the rights of the ASSURED shall be effective prior to sixty (60)</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>days after written notice has been furnished to the Securities and Exchange</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=center width="98%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Commission, Washington, D.C., by the acting party.</FONT> </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 18 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR>
     <TD width="31%" colSpan=5>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="65%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Conditions And</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif>Limitations</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>Change or Modification</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If this Bond is for a joint ASSURED, no charge or modification which would</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><I><FONT face=Arial-ItalicMT,Arial,Helvetica,sans-serif size=2>(continued)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>adversely affect the rights of the ASSURED shall be effective prior to sixty (60)</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>days after written notice has been furnished to all insured </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Companies</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and to the Securities and Exchange Commission, Washington, D.C., by the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="71%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>COMPANY.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="19%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>ICAP Bond (5-98)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%" colSpan=5><FONT face=ArialMT,Arial,Helvetica,sans-serif size=1>Form 17-02-1421 (Ed. 5-98) Page 19 of 19</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="65%">&nbsp; </TD></TR></TABLE><BR>
<P align=right><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE COMPANY<BR>
Endorsement No: 1 Bond <BR>
Bond Number: 81951478</FONT></B></P>
<P align=left>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<HR align=center width="100%" noShade SIZE=2>


<!--$$/page=-->
<A name="page_33"></A>

<P align="center">
<TABLE><TR><TD align="center" nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">NAME OF ASSURED ENDORSEMENT</FONT></B></TD></TR></TABLE>
</P>
<P align="left">
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">It is agreed that the NAME OF ASSURED in the DECLARATIONS is amended to read as follows:</FONT></P>
<P align="left">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></B></P>
<P align="left">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">FUND</FONT></B></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Adviser Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Cash Reserve</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Equity Funds I</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Equity Funds II</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Equity Funds III</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Equity Funds IV</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Equity Funds V</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Foundation Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Limited-Term Government Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Global &amp; International Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Government Fund</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Income Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware VIP Trust</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group State Tax-Free Income Trust</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Tax-Free Fund</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Group Tax-Free Money Fund</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Pooled Trust</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voyageur Insured Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voyageur Intermediate Tax Free Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Municipal Trust</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voyageur Mutual Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voyageur Mutual Funds II</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voyageur Mutual Funds III</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voyageur Tax-Free Funds</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Dividend and Income Fund, Inc.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Global Dividend and Income Fund, Inc.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Arizona Municipal Income Fund, Inc.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Colorado Insured Municipal Income Fund, Inc.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Florida Insured Municipal Income Fund, Inc.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Investments Minnesota Municipal Income Fund II, Inc.</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Delaware Enhanced Global Dividend and Income Fund</FONT>&nbsp;
	</TD>
</TR>
</TABLE><BR>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">ICAP Bond</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Form 17-02-0949 (Rev. 1-97) Page 1</FONT>&nbsp;
	</TD>
</TR>
</TABLE><BR>
<P align="left">
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>

<HR noshade align="center" width="100%" size=2>


<!--$$/page=-->
<A name="page_34"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x23x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-0949 (Ed. 1-97) Page 2</FONT>&nbsp; </TD></TR></TABLE>
<P>&nbsp;</P>
<P align=right><B>FEDERAL INSURANCE COMPANY</B><BR>
&nbsp;Endorsement No.: 2 Bond <BR>
Bond Number: 81951478 <BR>
</P>
<P align=right>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=center><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>TELEFACSIMILE INSTRUCTION FRAUD ENDORSEMENT</FONT></B></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended as follows:</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following INSURING CLAUSE:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>12.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Telefacsimile Instruction</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED having transferred, paid or delivered any funds or other </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or established any credit, debited any account or given any value on the faith of any fraudulent instructions sent by a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, financial institution or another office of the ASSURED by </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>directly to the ASSURED authorizing or acknowledging the transfer, payment or delivery of funds or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Property </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif 
size=2>or the establishment of a credit or the debiting of an account or the giving of value by the ASSURED where such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instructions:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>bear a valid test key exchanged between the ASSURED and a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or another financial institution with authority to use such test key for </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instructions in the ordinary course of business, but which test key has been wrongfully obtained by a person who was not authorized to initiate, make, validate or authenticate a test key arrangement, and</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>fraudulently purport to have been sent by such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or financial institution when such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instructions were transmitted without the knowledge</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_35"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or consent of such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or financial institution by a person other than such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or financial institution and which bear a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Forgery </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of a signature, provided that the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instruction was verified by a direct call back to an employee of the financial institution, or a person thought by the ASSURED to be the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer</FONT></B><FONT face=Arial
MT,Arial,Helvetica,sans-serif size=2>, or an employee of another financial institution.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By deleting from Section 1., Definitions, the definition of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in its entirety, and substituting the following:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means an individual, corporate, partnership, trust customer, shareholder or subscriber of an Investment Company which has a written agreement with the ASSURED for </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile</FONT></B> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Instruction.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD width="100%"></TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2367 (Rev. 10-03) Page 1</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding to Section 1., Definitions, the following:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>r.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means a system of transmitting written documents by electronic signals over telephone lines to equipment maintained by the ASSURED for the purpose of</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>reproducing a copy of said document. </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>does not mean electronic communication sent by Telex or similar means of communication, or through an electronic communication system or through an automated clearing house.</FONT></TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<P align=left>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>4.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding to Section 3., Specific Exclusions Applicable to All Insuring Clauses Except Insuring Clause 1. the following:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>j.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting directly or indirectly from </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Telefacsimile </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instructions provided, however, this exclusion shall not apply to this INSURING CLAUSE.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x24x1.jpg" border=0>
</P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_36"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2367 (Rev. 10-03) Page 2</FONT></TD></TR></TABLE></P>
<P align=left>&nbsp;</P>
<P align=right><B>FEDERAL INSURANCE COMPANY</B> <BR>
Endorsement No.: 3 Bond <BR>
Bond Number: 81951478 </P>
<P align=right>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=center><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>AUTOMATED TELEPHONE TRANSACTION ENDORSEMENT</FONT></B></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended as follows:</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following INSURING CLAUSE: <BR>
13. Automated Telephone System Transaction</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED having transferred funds on the faith of any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System (APS) Transaction</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, where the request for such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>is unauthorized or fraudulent and is made with the intent to deceive. In order for coverage to apply under this INSURING CLAUSE the ASSURED shall maintain and follow all </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Designated Procedures</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>. A single failure of the ASSURED to maintain and follow a particular </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Designated Procedure </FONT></B><FONT face=ArialMT,A
rial,Helvetica,sans-serif size=2>in a particular </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>will not preclude coverage under this INSURING CLAUSE.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding to Section 1., Definitions, the following:</FONT> <BR>
</TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>s.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Designated Procedures </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means all of the following procedures:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>No </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall be executed unless the shareholder or unitholder to whose account such an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>relates has previously elected to </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS </FONT></B><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Transactions</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>. (Election in Application)</FONT> </TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD width="100%"></TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>All </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transactions </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shall be logged or otherwise recorded and the records shall be retained for at least six (6) months. (Logging) Information contained in the records shall be capable of being retrieved and produced within a reasonable time after retrieval of specific information is requested, at a success rate of no less than 85 percent.</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The caller in any request for an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, before executing that </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>must enter a personal identification number (PIN), social security number and account number. (Identity Test) If the caller fails to enter a correct PIN within three (3) attempts, the caller must not be allowed additional attempts during the same telephone call to enter the PIN. The caller may either be instructed to redial a customer service representative or may be immediately connected to such a representative. (Limited attempts to Enter PIN)</FONT> </TD></TR>
<TR>
     <TD width="100%" colSpan=4>
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT></P>
<P><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2345 (Ed. 10-00) Page 1</FONT></P>
</TD></TR>
<TR>
     <TD></TD>
     <TD></TD>
     <TD vAlign=top noWrap></TD>
     <TD width="100%"></TD></TR>
<TR>
     <TD></TD>
     <TD></TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(4) </FONT></TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>A written confirmation of any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or change of address shall be mailed to</FONT></TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2></FONT>&nbsp;</P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_37"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the shareholder or unitholder to whose account such transaction relates, at the record address, by the end of the insured's next regular processing cycle, but in no event later than five (5) business days following such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>. (Written Confirmation)</FONT></P>
<P style="MARGIN-LEFT: 100px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(5) Access to the equipment which permits the entity receiving the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>request to process and effect the transaction shall be limited in the following manner: </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif>(Access to APS Equipment)</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>t.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Election </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any election concerning various account features available to the shareholder or unitholder which is made through the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>by means of information transmitted by an individual caller through use of a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>These features include account statements, auto exchange, auto asset builder, automatic withdrawal, dividend/capital gain options, dividend sweep, telephone balance consent and change of address.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>u.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Exchange </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any exchange of shares or units in a registered account of one fund into shares or units in an account with the same tax identification number and same ownership-type code of another fund in the same complex pursuant to exchange privileges of the two funds, which exchange is requested through the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>by means of information transmitted by an individual caller through use of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>v.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Purchase </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any purchase of shares or units issued by an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which is requested through an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>w.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Redemption </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any redemption of shares or units issued by an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>which it requested through the telephone by means of information transmitted by an individual caller through use of a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>x.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Transaction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means any </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Purchase, APS Redemption, APS Election </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>APS Exchange</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>y.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means an automated system which receives and converts to executable instructions transmissions through the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>through use of a touch-tone keypad or other tone system; and always excluding transmissions from a computer system or part thereof.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following Section after Section 4., Specific Exclusions-Applicable To All Insuring Clauses Except 1., 4., 5.: <BR>
Section 4.A Specific Exclusion-Applicable to Insuring Clause 13</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>This Bond does not directly or indirectly cover under Insuring Clause 13:</FONT></B> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting from:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the redemption of shares or units, where the proceeds of such redemption are made payable to other than:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the shares or units of record,</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a person designated to receive redemption proceeds, or</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a bank account designated to receive redemption proceeds, or</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the redemption of shares or units, where the proceeds of such redemption are paid by check mailed to any address, unless such address has either been designated the shareholder or unitholder by voice through an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Automated Phone System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or in writing, at least thirty (30) days prior to such redemption, or</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR></TABLE>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_38"></A>
<P align=left>&nbsp;</P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2345 (Ed. 10-00) Page 2</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="87%" colSpan=7><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the redemption of shares or units, where shareholder or unitholder</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the</FONT> <FONT style="WIDTH: 49pt; TEXT-ALIGN: right" face=ArialMT,Arial,Helvetica,sans-serif size=2>ASSURED</FONT></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>designated bank account of record.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="1%">&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008. ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x27x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2345 (Ed. 10-00) Page 3</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=right><B>FEDERAL INSURANCE COMPANY <BR>
</B>Endorsement No.: 4 Bond <BR>
Bond Number: 81951478 </P>
<BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>STOP PAYMENT ORDER OR REFUSAL TO PAY CHECK ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended as follows:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following INSURING CLAUSE: <BR>
&#147;14. Stop Payment Order or Refusal to Pay Check</FONT> </TD></TR>
<TR>
     <TD vAlign=top noWrap></TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED being legally liable to pay compensatory damages for:</FONT></TD></TR></TABLE>
<P align=left>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>complying or failing to comply with notice from any customer of the ASSURED or any authorized representative of such customer, to stop payment on any check or draft made or drawn upon or against the ASSURED by such customer or by any authorized representative of such customer, or</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>refusing to pay any check or draft made or drawn upon or against the ASSURED by any customer of the ASSURED or by any authorized representative of such customer.&#148;</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following Specific Exclusion:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&#147;Section 4.A. Specific Exclusions &#150; Applicable to INSURING CLAUSE 14</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>This Bond does not directly or indirectly cover:</FONT></B> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>liability assumed by the ASSURED by agreement under any contract, unless such liability would have attached to the ASSURED even in the absence of such agreement,</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss arising out of:</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>libel, slander, wrongful entry, eviction, defamation, false arrest, false imprisonment, malicious prosecution, assault or battery,</FONT> </TD></TR>
<TR>
     <TD colSpan=4>&nbsp;</TD></TR></TABLE>
<P align=left>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_39"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>sickness, disease, physical bodily harm, mental or emotional distress or anguish, or death of any person, or</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>discrimination.&#148;</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008. ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x28x1.jpg" border=0>
</P>
<P align=left>
<TABLE>
<TR>
     <TD width=2>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2365 (Ed. 10-00)</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD width=379>&nbsp;</TD>
     <TD noWrap><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE CO</FONT></B><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Endorsement No.: 5 Bond</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond Number: 81951478</FONT></TD></TR></TABLE></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>UNAUTHORIZED SIGNATURE ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended as follows:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following INSURING CLAUSE:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>15.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Unauthorized Signature</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED having accepted, paid or cashed any check or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Withdrawal Order </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>made or drawn on or against the account of the ASSURED&#146;S customer which bears the signature or endorsement of one other than a person whose name and signature is on file with the ASSURED as a signatory on such account.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It shall be a condition precedent to the ASSURED'S right of recovery under this INSURING CLAUSE that the ASSURED shall have on file signatures of all the persons who are signatories on such account.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding to Section 1., Definitions, the following: <BR>
z.&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means a written order to the issuer of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Uncertificated Security </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>requesting that the</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>transfer, pledge or release from pledge of the specified </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Uncertificated Security </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>be registered.</FONT></TD></TR></TABLE>
<P align=center><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=Arial size=2>&nbsp;&nbsp; </FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>aa.<B>&nbsp;&nbsp; Uncertificated Security </B></FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>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> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>not represented by an instrument and the transfer of which is registered on books maintained for that purpose by or on behalf of the issuer, and</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of a type commonly dealt in on securities exchanges or markets, and</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>either one of a class or series or by its terms divisible into a class or series of shares, participations, interests or obligations.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-5602 (Ed. 10-03) Page 1</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_40"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>bb.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Withdrawal Order </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means a non-negotiable instrument, other than an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Instruction</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, signed by a customer of the ASSURED authorizing the ASSURED to debit the customer&#146;s account in the amount of funds stated therein.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x29x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-5602 (Ed. 10-03) Page 2</FONT>&nbsp; </TD></TR></TABLE>
<P><B></B>&nbsp;</P>
<P align=right><B>FEDERAL INSURANCE COMPANY<BR>
</B>Endorsement No.: 6 Bond <BR>
Bond Number: 81951478 </P>
<P><BR>
&nbsp;</P>
<P align=right>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>EXTENDED COMPUTER SYSTEMS ENDORSEMENT</FONT></B></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended as follows:</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=4><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following INSURING CLAUSE:</FONT> </TD></TR>
<TR>
     <TD colSpan=5>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>16.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Extended Computer Systems</FONT> </TD></TR>
<TR>
     <TD colSpan=5>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>A.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media, Electronic Instruction Loss resulting directly from:</FONT> </TD></TR>
<TR>
     <TD colSpan=5>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the fraudulent modification of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>being stored within or being run within any system covered under this INSURING CLAUSE,</FONT> </TD></TR>
<TR>
     <TD colSpan=5>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>robbery, burglary, larceny or theft of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or</FONT> </TD></TR>
<TR>
     <TD colSpan=5>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_41"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left>
<TABLE>
<TR>
     <TD width=87>&nbsp;</TD>
     <TD noWrap><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instructions</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>,</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the acts of a hacker causing damage or destruction of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>owned by the ASSURED or for which the ASSURED is legally liable, while stored within a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>covered under this INSURING CLAUSE, or</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(4)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the damage or destruction of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>owned by the ASSURED or for which the ASSURED is legally liable while stored within a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>covered under INSURING CLAUSE 16, provided such damage or destruction was caused by a computer program or similar instruction which was written or altered to intentionally incorporate a hidden instruction designed to damage or destroy </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media</FONT></B><FONT face=Ari
alMT,Arial,Helvetica,sans-serif size=2>, or</FONT> <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in the </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in which the computer program or instruction so written or so altered is used.</FONT> </TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><STRONG><FONT face=Arial size=2></FONT></STRONG></TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP2 Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2976 (Ed. 1-02) Page 1</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>B.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Electronic Communication</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from the ASSURED having transferred, paid or delivered any funds or property, established any credit, debited any account or given any value on the faith of any electronic communications directed to the ASSURED, which were transmitted or appear to have been transmitted through:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Communication System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>,</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an automated clearing house or custodian, or</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a Telex, TWX, or similar means of communication,</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>directly into the ASSURED'S </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Communication Terminal</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, and fraudulently purport to have been sent by a customer, automated clearing house, custodian, or financial institution, but which communications were either not sent by said customer, automated clearing house, custodian, or financial institution, or were fraudulently modified during physical transit of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to the ASSURED or during electronic transmission to the ASSURED'S </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System
 </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or</FONT> <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Communication Terminal</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT></TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>C.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Electronic Transmission</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Loss resulting directly from a customer of the ASSURED, any automated clearing house, custodian, or financial institution having transferred, paid or delivered any funds or property, established any credit, debited any account or given any value on the faith of any electronic communications, purporting to have been directed by the ASSURED to such customer, automated clearing house, custodian, or financial institution initiating, authorizing, or acknowledging, the transfer, payment, delivery or receipt of funds or property, which communications were transmitted through:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Communication System</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>,</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an automated clearing house or custodian, or</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a Telex, TWX, or similar means of communication,</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_42"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P style="MARGIN-LEFT: 75px" align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>directly into a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Communication Terminal </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of said customer, automated clearing house, custodian, or financial institution, and fraudulently purport to have been directed by the ASSURED, but which communications were either not sent by the ASSURED, or were fraudulently modified during physical transit of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>from the ASSURED or during electronic transmission from the ASSURED'S </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvet
ica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Communication Terminal</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, and for which loss the ASSURED is held to be legally liable.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP2 Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2976 (Ed. 1-02) Page 2</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding to Section 1., Definitions, the following:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>cc.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Communication Terminal </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means a teletype, teleprinter or video display terminal, or similar device capable of sending or receiving information electronically. </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Communication Terminal </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>does not mean a telephone.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>dd.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Communication System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means electronic communication operations by Fedwire, Clearing House Interbank Payment System (CHIPS), Society of Worldwide International Financial Telecommunication (SWIFT), similar automated interbank communication systems, and Internet access facilities.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ee.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means facts or information converted to a form usable in </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer Systems </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and which is stored on </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for use by computer programs.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ff.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means computer programs converted to a form usable in a</FONT> <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Computer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>to act upon </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>gg.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>means the magnetic tape, magnetic disk, optical disk, or any other bulk media on which data is recorded.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following Section after Section 4., Specific Exclusions-Applicable to All INSURING CLAUSES except 1., 4., and 5.:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Section 4.A. Specific Exclusions-Applicable to INSURING CLAUSE 16</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>This Bond does not directly or indirectly cover:</FONT></B> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting directly or indirectly from </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Forged</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, altered or fraudulent negotiable instruments, securities, documents or written instruments used as source documentation in the preparation of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>;</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss of negotiable instruments, securities, documents or written instruments except as converted to </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and then only in that converted form;</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting from mechanical failure, faulty construction, error in design, latent defect, wear or tear, gradual deterioration, electrical disturbance, </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>failure or breakdown or any malfunction or error in programming or error or omission in processing;</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>d.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting directly or indirectly from the input of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>at an authorized electronic terminal of an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Funds Transfer System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Customer Communication System </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>by a person who had authorized access from a customer to that customer's authentication mechanism; or</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>e.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>liability assumed by the ASSURED by agreement under any contract, unless such liability would have attached to the ASSURED even in the absence of such agreement; or</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_43"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>f.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>loss resulting directly or indirectly from:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>written instruction unless covered under this INSURING CLAUSE; or</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>instruction by voice over the telephone, unless covered under this INSURING CLAUSE.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP2 Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2976 (Ed. 1-02) Page 3</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>4.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding to Section 9., Valuation, the following:</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media, Or Electronic Instruction</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In case of loss of, or damage to, </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>used by the ASSURED in its business, the COMPANY shall be liable under this Bond only if such items are actually reproduced form other </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of the same kind or quality and then for not more than the cost of the blank media and/or the cost of labor for the actual transcri
ption or copying of data which shall have been furnished by the ASSURED in order to reproduce such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data, Electronic Media </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Instruction </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>subject to the applicable SINGLE LOSS LIMIT OF LIABILITY.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>However, if such </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>can not be reproduced and said </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Electronic Data </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>represents </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Securities </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>or financial instruments having a value, then the loss will be valued as indicated in the SECURITIES and OTHER PROPERTY paragraphs of this Section.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x32x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP2 Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2976 (Ed. 1-02) Page 4</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=right><B>FEDERAL INSURANCE COMPANY</B><BR>
Endorsement No.: 7 Bond <BR>
Bond Number: 81951478 </P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_44"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>NON-CUMULATIVE ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that in the event of a loss covered under this Bond and also covered under FEDERAL INSURANCE COMPANY'S Bond No. 81951477 issued to DELAWARE MANAGEMENT HOLDINGS, INC., the SINGLE LOSS LIMIT OF LIABILITY under this Bond shall be reduced by any payment under Bond No. 81951477 and only the remainder, if any, shall be applicable to such loss hereunder.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Name and Address of Assured:</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DELAWARE INVESTMENT COMPANY FAMILY <BR>
2005 MARKET STREET</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>PHILADELPHIA, PA 19103</FONT></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Signature of Assured&#146;s Representative</FONT></TD></TR></TABLE></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Position/Title</FONT></TD></TR></TABLE></P>
<P align=center><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008. ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x33x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="51%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD>
     <TD noWrap align=left width="48%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="51%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-0955 (Rev. 1-97)</FONT>&nbsp; </TD>
     <TD noWrap align=left width="48%">&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=2>&nbsp; </TD></TR></TABLE>
<P align=right><B>FEDERAL INSURANCE COMPANY<BR>
</B>&nbsp;Endorsement No.: 8 <BR>
Bond Number: 81951478 Bond <BR>
</P>
<P><BR>
&nbsp;<FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2><FONT face=ArialMT,Arial,Helvetica,sans-serif>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT>&nbsp; </FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>AMEND DISCOVERY ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended by deleting Section 6., Discovery, in its entirety and substituting the following:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>6.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Discovery</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Bond applies only to loss first discovered by the General Counsel or Risk Management Department of the ASSURED during the BOND PERIOD. Discovery occurs at the earlier of the</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_45"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>General Counsel or Risk Management Department of the ASSURED being aware of:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>facts which may subsequently result in a loss of a type covered by this Bond, or</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an actual or potential claim in which it is alleged that the ASSURED is liable to a third party,</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>regardless of when the act or acts causing or contributing to such loss occurred, even though the amount of loss does not exceed the applicable DEDUCTIBLE AMOUNT, or the exact amount or details of loss may not then be known.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x34x1.jpg" border=0>
</P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT><BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-6260 (Ed. 6-04)</FONT></TD></TR></TABLE></P>
<P align=right><B>FEDERAL INSURANCE COMPANY</B> <BR>
Endorsement No.: 9 Bond <BR>
Bond Number: 81951478
<TABLE>
<TR>
     <TD width=386>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2></FONT></TD></TR></TABLE></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>CLAIMS EXPENSE ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended as follows:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By adding the following INSURING CLAUSE: <BR>
17. Claims Expense</FONT> </TD></TR>
<TR>
     <TD vAlign=top noWrap></TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reasonable expense incurred by the ASSURED, solely for independent firms or individuals to determine the amount of loss where:</FONT></TD></TR></TABLE>
<P align=center>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)&nbsp;&nbsp;&nbsp; the loss is covered under the Bond, and</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp; </FONT>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)&nbsp;&nbsp; &nbsp;the loss is in excess of the applicable DEDUCTIBLE AMOUNT.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Under General Exclusions-Applicable To All Insuring Clauses, Section 2.f. does not apply to loss covered under this INSURING CLAUSE.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_46"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x35x1.jpg" border=0>
</P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT><BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-6282 (Ed. 11-04)</FONT></TD></TR></TABLE></P>
<P align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2></FONT>&nbsp;</P>
<P align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><B>FEDERAL INSURANCE COMPANY </B><BR>
Endorsement No. 10 Bond <BR>
Bond Number: 81951478 </FONT></P>
<P align=right><FONT face=Arial size=2></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>REVISE ITEM 2. ENDORSEMENT</FONT></B></TD></TR></TABLE></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended by deleting ITEM 2. in its entirety on the DECLARATIONS and substituting the following:</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ITEM 2. </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIMITS OF LIABILITY-DEDUCTIBLE AMOUNTS:</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If "Not Covered" is inserted below opposite any specified INSURING CLAUSE, such INSURING CLAUSE and any other reference to such INSURING CLAUSE in this Bond shall be deemed to be deleted. </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>There shall be no deductible applicable to any loss under INSURING CLAUSE 1 sustained by any Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>SINGLE LOSS</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DEDUCTIBLE</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="46%" colSpan=3><U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>INSURING </FONT></U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><U>CLAUSE</U></FONT><U>&nbsp; </U></TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>LIMIT </FONT></U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><U>OF LIABILITY</U></FONT><U>&nbsp;</U> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>AMOUN</FONT></U><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2><U>T</U></FONT><U>&nbsp; </U></TD></TR>
<TR>
     <TD width="46%" colSpan=3>
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="32%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="16%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Employee</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 0</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>On Premises</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>3.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In Transit</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>4.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Forgery or Alteration</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>5.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Extended Forgery</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>6.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Counterfeit Currency</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>7.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Threats to Person</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ Not Covered</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ N/A</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>8.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Computer System</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="2%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>9.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="42%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Voice Initiated Funds Transfer Instruction</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="16%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_47"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10. </FONT></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Uncollectible Items of Deposit</FONT>&nbsp; </TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp;</TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 10,000</FONT>&nbsp; </TD></TR>
<TR>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>11.</FONT></TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Audit Expense</FONT>&nbsp; </TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 100,000</FONT>&nbsp; </TD>
     <TD width="2%"></TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 0</FONT></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>12.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Telefacsimile Instruction</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>13.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Automated Telephone Transaction</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>14.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Stop Payment Order or Refusal to Pay Check</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>15.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Unauthorized Signature</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 10,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>16.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Extended Computer Systems</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 20,000,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 50,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="3%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>17.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Claims Expense</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="28%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 100,000</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="18%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>$ 0</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008. <BR>
ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED. <BR>
Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x36x1.jpg" border=0>
</P>
<P align=right><B>FEDERAL INSURANCE COMPANY</B> <BR>
Endorsement No.: 11 Bond <BR>
Bond Number: 81951478
<TABLE>
<TR>
     <TD width=397>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2></FONT></TD></TR></TABLE></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>AUTOMATIC ACQUISITION PERCENTAGE THRESHOLD ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended by deleting in its entirety General Agreement C., Additional Offices or Employees-Consolidation, Merger or Purchase or Acquisition of Assets or Liabilities-Notice To Company, and substituting the following:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>C.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Additional Offices or Employees-Consolidation, Merger or Purchase or Acquisition Of Assets or Liabilities-Notice to Company If the ASSURED, other than an </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, while this Bond is in force, merges or consolidates with, or purchases or acquires assets or liabilities of another institution, the ASSURED shall not have the coverage afforded under this Bond for loss which has:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(1)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>occurred or will occur on premises,</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(2)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>been caused or will be caused by an employee, or</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(3)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>arisen or will arise out of the assets or liabilities,</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>of such institution, unless the ASSURED:&nbsp; </FONT></TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2></FONT>&nbsp;</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap>a.</TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>gives the COMPANY written notice of the proposed consolidation, merger or purchase or</FONT> <FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>acquisition of assets or liabilities prior to the proposed effective date of such action, and</FONT></TD></TR>
<TR>
     <TD vAlign=top noWrap></TD>
     <TD width="100%"></TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>obtains the written consent of the COMPANY to extend some or all of the coverage provided by this Bond to such additional exposure, and</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>c.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>on obtaining such consent, pays to the COMPANY an additional premium.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Notwithstanding anything stated above to the contrary, the COMPANY hereby agrees to provide</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_48"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>coverage which shall be effective on the date of acquisition under this Bond for those acquired institutions in which the ASSURED owns greater than fifty percent (50%) of the voting stock or voting rights either directly or through one or more of its subsidiaries for the remainder of the BOND PERIOD, with no additional premium, provided the acquired institution meets all of the following conditions:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>i.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the assets shall not exceed twenty five percent (25%) of the ASSURED&#146;S assets,</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ii.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>there shall be neither any paid nor pending Bond claim for the three (3) year period prior to the date of acquisition, and</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>iii.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the ASSURED is not aware of any disciplinary action or proceeding by State or Federal officials involving the acquired institution as of the date of acquisition.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-6247 (Ed. 3-04) Page 1</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The COMPANY further agrees that as respects any acquisition that involves a State or Federal regulatory assisted acquisition or assumption of assets and/or liabilities, coverage shall be provided under this Bond for the remainder of the BOND PERIOD as long as conditions i. and ii. above are met. As respects such acquisition or assumption of assets and/or liabilities, coverage applies only to a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Single Loss </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>fully sustained by the ASSURED on or after the date of such acquisition or assumption. All of the circumstances, conditions or acts causing or contributing to a </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Single Loss </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>must occur on or after the date of such acquisition or assumption for coverage to apply regardless of the time
 such loss is discovered by the ASSURED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x37x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-6247 (Ed. 3-04) Page 2</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left>
<TABLE>
<TR>
     <TD width=392>&nbsp;</TD>
     <TD noWrap><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE COMPANY</FONT></B><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Endorsement No.: 12 Bond</FONT><BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Bond Number: 81951478</FONT></TD></TR></TABLE></P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_49"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>NAME OF ASSURED: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>AMENDING DEFINITION OF EMPLOYEE-FORMER EMPLOYEES ENDORSEMENT</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this Bond is amended by adding to the definition of </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Employee </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>in Section 1., Definitions, the following:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(10)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a natural person who resigns, retires or is terminated from the service of the ASSURED during the BOND PERIOD provided that this applies:</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>a.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>for a period of ninety (90) days subsequent to such resignation, retirement or termination but not beyond the date of expiration or termination of the Bond; and</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>b.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>if such resignation, retirement or termination has not arisen from or in connection with the discovery by the ASSURED of any actual or alleged dishonest, fraudulent or criminal act(s) of such person.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>This Endorsement applies to loss discovered after 12:01 a.m. on October 31, 2008.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;<BR>
ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&nbsp;<BR>
Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x38x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ICAP Bond</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%">&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 17-02-2335 (Ed. 10-00)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%">&nbsp; </TD></TR>
<TR>
     <TD width="44%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="19%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="32%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Effective date of</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="19%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>this endorsement: October 31, 2008</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="53%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE COMPANY</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="53%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Endorsement No.: 13 Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="53%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>To be attached to and form a part of Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="44%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="19%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Number:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="32%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>81951478</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Issued to: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>COMPLIANCE WITH APPLICABLE TRADE SANCTION LAWS RIDER</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>It is agreed that this insurance does not apply to the extent that trade or economic sanctions or other laws or regulations prohibit the coverage provided by this insurance.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_50"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>ALL OTHER TERMS AND CONDITIONS OF THIS BOND REMAIN UNCHANGED.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date: October 31, 2008</FONT></P>
<P align=center>
<IMG src="p81951478_102008x39x1.jpg" border=0>
</P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 14-02-9228 (Ed. 4/2004)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="29%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="23%">&nbsp; </TD></TR>
<TR>
     <TD width="43%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="29%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="23%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="29%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="23%"><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ENDORSEMENT/RIDER</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Effective date of</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="29%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>this endorsement/rider: October 31, 2008</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="54%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE COMPANY</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="29%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Endorsement/Rider No.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="23%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>14 Bond</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="29%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>To be attached to and</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="43%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="29%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>form a part of Bond No.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="23%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>81951478</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Issued to: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>DELETING VALUATION-OTHER PROPERTY AND AMENDING CHANGE OR MODIFICATION ENDORSEMENT</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In consideration of the premium charged, it is agreed that this Bond is amended as follows:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>1.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The paragraph titled Other Property in Section 9, Valuation, is deleted in its entirety.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>2.</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The third paragraph in Section 16, Change or Modification, is deleted in its entirety and replaced with the following: <BR>
<BR>
If this Bond is for a joint ASSURED, no change or modification which would adversely affect the rights of the ASSURED shall be effective prior to sixty (60) days after written notice has been furnished to all insured </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Companies </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>and the Securities and Exchange Commission, Washington, D.C., by the COMPANY.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>All other terms, conditions and limitations of this Bond shall remain unchanged.</FONT></P>
<P align=center>
<IMG src="p81951478_102008x39x2.jpg" border=0>
</P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>17-02-2437 (12/2006) rev.</FONT><BR>
<BR>
<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Page 1</FONT></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_51"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=right>
<TABLE>
<TR>
     <TD noWrap align=right><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ENDORSEMENT/RIDER</FONT></B></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="49%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Effective date of</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="33%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="13%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="49%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>this endorsement/rider: October 31, 2008</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="48%" colSpan=3><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>FEDERAL INSURANCE COMPANY</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="49%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="33%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Endorsement/Rider No.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="13%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>15</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="49%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="33%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>To be attached to and</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="13%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="49%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="33%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>form a part of Bond No.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="13%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>81951478</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="84%" colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Issued to: DELAWARE INVESTMENT COMPANY FAMILY OF FUNDS</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="13%">&nbsp; </TD></TR>
<TR>
     <TD width="84%" colSpan=3>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="13%">
<HR noShade SIZE=1>
</TD></TR></TABLE><BR>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>AUTOMATIC INCREASE IN LIMITS ENDORSEMENT</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>In consideration of the premium charged, it is agreed that GENERAL AGREEMENTS, Section C. Additional Offices Or Employees-Consolidation, Merger Or Purchase Or Acquisition Of Assets Or Liabilities-Notice To Company, is amended by adding the following subsection: <BR>
<BR>
Automatic Increase in Limits for Investment Companies If an increase in bonding limits is required pursuant to rule 17g-1 of the Investment Company Act of 1940 (&#147;the Act&#148;), due to:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(i)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>the creation of a new </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Company</FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>, other than by consolidation or merger with, or purchase or acquisition of assets or liabilities of, another institution; or</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>(ii)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>an increase in asset size of current </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Investment Companies </FONT></B><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>covered under this Bond,</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>then the minimum required increase in limits shall take place automatically without payment of additional premium for the remainder of the BOND PERIOD.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>All other terms, conditions and limitations of this Bond shall remain unchanged.</FONT></P>
<P align=center>
<IMG src="p81951478_102008x40x1.jpg" border=0>
</P>
<P align=left>
<TABLE>
<TR>
     <TD width=2>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>14-02-14098 (04/2008)</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD width=2>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Page 1</FONT></TD></TR></TABLE></P>
<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=5>POLICYHOLDER DISCLOSURE NOTICE OF</FONT></B></P>
<P align=center><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=5>TERRORISM INSURANCE COVERAGE</FONT></B></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif>(for policies with no terrorism exclusion or sublimit)</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>You are hereby notified that, under the Terrorism Risk Insurance Act (the &#147;Act&#148;), effective December 26, 2007, this policy makes available to you insurance for losses arising out of certain acts of terrorism. Terrorism is defined as any act certified by the Secretary of the Treasury, in concurrence with the Secretary of State and the Attorney General of the</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_52"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>United States, to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of an air carrier or vessel or the premises of a United States Mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>You should know that the insurance provided by your policy for losses caused by acts of terrorism is partially reimbursed by the United States under the formula set forth in the Act. Under this formula, the United States pays 85% of covered terrorism losses that exceed the statutorily established deductible to be paid by the insurance company providing the coverage.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>However, if aggregate insured losses attributable to terrorist acts certified under the Act exceed $100 billion in a Program Year (January 1 through December 31), the Treasury shall not make any payment for any portion of the amount of such losses that exceeds $100 billion.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10-02-1281 (Ed. 1/2003)</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>If aggregate insured losses attributable to terrorist acts certified under the Act exceed $100 billion in a Program Year (January 1 through December 31) and we have met our insurer deductible under the Act, we shall not be liable for the payment of any portion of the amount of such losses that exceeds $100 billion, and in such case insured losses up to that amount are subject to pro rata allocation in accordance with procedures established by the Secretary of the Treasury.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>The portion of your policy&#146;s annual premium that is attributable to insurance for such acts of terrorism is: $ </FONT><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif>-0-.</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif>If you have any questions about this notice, please contact your agent or broker.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10-02-1281 (Ed. 1/2003)</FONT></P>
<P align=center><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=4>IMPORTANT NOTICE TO POLICYHOLDERS</FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>All of the members of the Chubb Group of Insurance companies doing business in the United States (hereinafter &#147;Chubb&#148;) distribute their products through licensed insurance brokers and agents (&#147;producers&#148;). Detailed information regarding the types of compensation paid by Chubb to producers on US insurance transactions is available under the Producer Compensation link located at the bottom of the page at www.chubb.com, or by calling 1-866-588-9478. Additional information may be available from your producer.</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD width=57>&nbsp;</TD>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Thank you for choosing Chubb.</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>10-02-1295 (ed. 6/2007)</FONT></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_53"></A>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><B><I><FONT face=Arial-BoldItalicMT,Arial,Helvetica,sans-serif size=2>Important Notice:</FONT></I></B></TD></TR></TABLE></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>The SEC Requires Proof of Your Fidelity Insurance Policy</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Your company is now required to file an electronic copy of your fidelity insurance coverage (Chubb&#146;s ICAP Bond policy) to the Securities and Exchange Commission (SEC), according to rules adopted by the SEC on June 12, 2006.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Chubb is in the process of providing your agent/broker with an electronic copy of your insurance policy as well as instructions on how to submit this proof of fidelity insurance coverage to the SEC. You can expect to receive this information from your agent/broker shortly.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>The electronic copy of your policy is provided by Chubb solely as a convenience and does not affect the terms and conditions of coverage as set forth in the paper policy you receive by mail. The terms and conditions of the policy mailed to you, which are the same as those set forth in the electronic copy, constitute the entire agreement between your company and Chubb.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>If you have any questions, please contact your agent or broker.</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Form 14-02-12160 (ed. 7/2006)</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"></FONT>&nbsp;</P>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_54"></A>
<IMG src="attachmentiitojointinsurx1x1.jpg" border=0>
<BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=center width="99%" colSpan=3><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ATTACHMENT II TO</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="99%" colSpan=3><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">JOINT INSURANCE AGREEMENT</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="99%" colSpan=3><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DATED AS OF OCTOBER 31, 2008</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=center width="99%" colSpan=3><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">DELAWARE INVESTMENTS FAMILY OF FUNDS</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT face="TimesNewRomanPS-BoldMT,Times New &#13;&#10;Roman,Times,serif" size=2>FUND</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>MINIMUM AMOUNT OF</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>FIDELITY BOND COVERAGE</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Adviser Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Diversified Income Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$2,500,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware U.S. Growth Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Cash Reserve</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Cash Reserve Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$900,000</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds I</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Balanced Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$600,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Mid Cap Value Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds II</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Large Cap Value Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$1,250,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Value Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds III</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware American Services Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Small Cap Growth Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$1,000,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Trend Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds IV</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Growth Opportunities Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Global Real Estate Securities Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$750,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Healthcare Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Equity Funds V</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Dividend Income Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Small Cap Core Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$1,250,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Small Cap Value Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Foundation Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Aggressive Allocation Portfolio</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Conservative Allocation Portfolio</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$525,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Moderate Allocation Portfolio</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Global &amp; International Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Emerging Markets Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Global Value Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$1,250,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware International Value Equity Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR>
     <TD width="56%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="41%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Group Government Fund</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Core Plus Bond Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="41%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="56%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Inflation Protected Bond Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="41%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$600,000</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>


<!--$$/page=-->
<A name="page_55"></A>

<IMG src="attachmentiitojointinsurx2x1.jpg" border=0>
<BR>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MINIMUM AMOUNT OF</FONT></B>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FUND</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FIDELITY BOND COVERAGE</FONT></B>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Group Income Funds</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Corporate Bond Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Delchester Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;1,250,000</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Extended Duration Bond Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware High-Yield Opportunities Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Group Limited-Term Government Funds</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Limited-Term Diversified Income Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;750,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Group State Tax-Free Income Trust</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Tax-Free Pennsylvania Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;750,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Group Tax Free Fund</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Tax-Free USA Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Tax-Free USA Intermediate Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;1,00,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Group Tax-Free Money Fund</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Delaware Tax-Free Money Fund</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;225,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Pooled Trust</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Select 20 Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Core Focus Fixed Income Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Core Plus Fixed Income Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Emerging Markets Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Focus Smid-Cap Growth Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Global Fixed Income Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=39% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;2,500,000</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Global Real Estate Securities Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The High-Yield Bond Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Intermediate Fixed Income Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The International Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The International Fixed Income Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Labor Select International Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Large-Cap Growth Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Large-Cap Value Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Mid-Cap Growth Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Real Estate Investment Trust Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Real Estate Investment Trust Portfolio II</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Small-Cap Growth Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=58% nowrap>
 &nbsp; &nbsp;<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Smid-Cap Growth Equity Portfolio</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=39% nowrap>
&nbsp;
	</TD>
</TR>
</TABLE><BR>

<HR noshade align="center" width="100%" size=2>


<!--$$/page=-->
<A name="page_56"></A>
<IMG src="attachmentiitojointinsurx3x1.jpg" border=0>
<BR>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>MINIMUM AMOUNT OF</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FUND</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>FIDELITY BOND COVERAGE</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware VIP Trust</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Balanced Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Capital Reserves Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Cash Reserve Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Diversified Income Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Emerging Markets Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Growth Opportunities Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP High Yield Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$2,500,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP International Value Equity Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP REIT Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Select Growth Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Small Cap Value Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Trend Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP U.S. Growth Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware VIP Value Series</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Insured Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Arizona Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$525,000</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Intermediate Tax Free Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Minnesota Intermediate Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$400,000</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Delaware Investments Municipal Trust</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>No Funds</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>0</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Mutual Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Minnesota High-Yield Municipal Bond Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware National High-Yield Municipal Bond Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free California Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$750,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Idaho Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free New York Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Mutual Funds II</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Colorado Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$600,000</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Mutual Funds III</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Select Growth Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$600,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Large Cap Core Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR>
     <TD width="60%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%">&nbsp; </TD>
     <TD width="37%">
<HR noShade SIZE=1>
</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%"><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Voyageur Tax Free Funds</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="37%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="60%">&nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Delaware Tax-Free Minnesota Fund</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>$900,000</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>


<!--$$/page=-->
<A name="page_57"></A>

<IMG src="attachmentiitojointinsurx4x1.jpg" border=0>
<BR>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MINIMUM AMOUNT OF</FONT></B>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FUND</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">FIDELITY BOND COVERAGE</FONT></B>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Investments Dividend and Income Fund, Inc.</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;525,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Investments Global Dividend and Income</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=37% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund, Inc.</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;400,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Investments Arizona Municipal Income</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=37% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund, Inc.</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;350,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Investments Colorado Municipal Income</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=37% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund, Inc.</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;400,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Investments National Municipal Income</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=37% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;300,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Investments Minnesota Municipal Income</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=left width=37% nowrap>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund II, Inc.</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;600,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Delaware Enhanced Global Dividend and Income Fund</FONT></B>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;600,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=2>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=2>
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=60% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Total</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=center width=37% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#36;26,550,000</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
<HR noshade size=1>
	</TD>
	<TD>&nbsp;
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
</TABLE><BR>

<HR noshade align="center" width="100%" size=2>


</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>scheduleatojointinsurancx2x1.jpg
<TEXT>
begin 644 scheduleatojointinsurancx2x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``\`'L#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"HVFB5BK
M2H".H+#BI*Y_Q#%&VK:,3&I+7&"2.O2@NG%2E9F[')'*,QNKCU4YI]9.M:;#
M)8S7%NH@NH4+QRQ_*P(YQD=1Q2Z7JXN[*TW*SW,L6]D0#H#@GG@#-`^2\>:)
MH/<0QRI$\J+(_P!U"PRWT%2U@7MQ#>:AI$\0Y%PZ'(PRD`@@_C5^36+5)(E&
M]DED\I)5&4+_`-W/K^E`W3=E8T**S?[:MOLUQ.8YPELVR7*<J?IFI9=3MX%C
M>;='&\?F;VQ@+QUY]Q^8H)Y)=B[15%=4A,\L#13)+''YNQDY9>F1CK5>+Q#9
MRQQRB.X$3JS"0Q':,=L^M`>SEV-:BJJ7T9NDMG22*61"Z!P/F`Z]#U'I5J@E
MIK<****!!1110`5A:ZLDNIZ8T4$TBV\V^1EC)`''Y_A6[6#KN^/4],6.>>-;
MB?;($E8!AQQC/'X4&M'X_O+&IRW5[9RVMA;R;I04,LHV*@/4\\D_050335TJ
M_0O9->6GV=8@ZQAV1@3_``]<'/:MEM2L(-T;7D(,0PP:3)7Z^_'UIPU*Q81D
M7EO^\&4_>#YOI04I2BK):&3<H/M>FM;V$L,,4S2,$A(P"N,D`=2>W6JUV+NX
M-L392Q+;ZBC>5'%\H0$_-G^(G/;BNA:^M%9U:YA#1_?7>,KVY%*MY;-'(XF0
M+$</N.-OUSTH&JC70RKG3)9=6G0*19WL0,YSR&7C`^N1]<&H[2WO+?0Y6N+1
M;FYB3R8X6&0RH<`X_7WP*T;K6;&U@>62=<(P4J/O9/08J0:G8'9B]MSO.%Q(
M#F@.:=E=?TC)B\_^VUNY([IXWLBA8PD8;<#C&,C\>?K38+.XF\(+9B!Q<1A2
M8I%*[L/NQD\<@5KC5+`AR+R$^7][YQQ4JWEL]NMPL\;0MT<-D$^GUH!SDK:=
MOP*5D;:6='ATIH)%SN>2`1E..Q[_`(5J55?4;*.`S27,21J=I+-C!],>OM0F
MHV4DKQ)=PL\8+,`XX`ZF@RDI/6Q:HJC:ZO87<+2Q746U<E@6`(`.,D=A_B*E
M^WVH1G,ZA58*<\8)YQ0)PDM+%FBD4AE#*001D$=Z6@D*Y[Q%/$NK:.&E0%+C
M+98<=.M=#4$D3&4E#""1_%'DG\<B@TIR4979F6DL#>*+TJZ$_9XQD$<]<_IB
MLR-`-#%Y;@-)87CRA5_N;SN'TQS^%=)Y$N<[H,C_`*8G_P"*H\N5>/,MQNX_
MU1Y_\>H-%52_#\#$U-\&QOIC)%;27!DD=1R@VXC)X/U]LFGW$.G74,[1ZHS2
M2F,>>&#*K`Y3.!CKZUM%+@C!EA(Z8\H__%5'Y3HOE;[901NV>5V]<;J!*HK+
MR_KL<]J,]R^F:C'>"%Y+=X`T\(X<;L\^X_K6IJ=S:RS:8RS1.!=@Y#`_P-_]
M:KZQ2A#&KVX4<%1"<?ENI/(D`"[K<#&`/)_3[U`W4C_7H9Z/&/%TQ+)G[&HZ
MCKN-85K*L?V:1IFCLXKZ?>\9!"$C"'OQU_.NM*.K@-+;!B<C,7)_\>IWE3X(
MWP8/4>2>?_'J!QJI'.:U]@&BZI+;W37+S>7O<L&4D,`,8XSCKCVK0U%X5\0:
M,RN@_P!:,@CILX_6M'R9%"J'MP!]T>3T^GS4A1@`6EM@,[<F+OZ?>H%[1?G^
M*L8=E]FG\-K9RW:V\RS-SGE&$I*Y'IG'7UJY9PR7[75MJ*QO)"RCSX1@2<9`
M/N/ZBM+R)?F^:W^;[W[D\_7YJD@C:-=I\O'8(FT#]30*53>P^-%CC5%X50`/
MI3J**#`*J&S)OUNS,Q9<J%P,!<=/SP<^PJW10!EKI#KC%[-]\,V2><9XZ^X/
MU&:/[(;8!]KD)R"2<DY`8$CG@_-GZBM2B@"C#8/'YNZZD8L"%;)!7/?KC/3\
MO>D&G,+>5!/F22/86*D@#)/3/3YL=:OT4`9\NG2RL7-VX<X/&0O?C&>AR/RZ
MTP:4Q=B]T[*6W;>0!@Y'?T)'N,#ZZ=%`%&33BX!%Q('$2QA\G(P<D]>2>/RJ
M(Z5(9,B]D$8!`09[ONY.<GCBM.B@#+DTJ9K<Q+?R*2"-^"6(..N3U&.#Q_C-
M+IY<P%90IB)W';G=E@6[\$X]^IJ]10!F?V7,H;R[Z13M`!.3V&2>>>1GMR3U
>JS8VTEN)/,E+EW)`R2%&3@<_S]A5JB@`HHHH`__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>scheduleatojointinsurancx3x1.jpg
<TEXT>
begin 644 scheduleatojointinsurancx3x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``T`&H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#J(M1O9=7G
MT\1VX:&,/ORV#G';\:D;57M;V&UU"`1>>=L4R/N1CZ'@$&JMI_R.=_\`]>Z?
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MDV@;!T!`XR6SQZ5H:?%>0O<"Z=&C9]T(#ERHQR"2!WH)<+*]R[11109A1110
M!SUN(6UV94_M!+XQCS6/E8"\8]O3IS6K#IMO%<BY8-+<`8$LK%B![=A^&*S+
M;<?&&H;2`WV9,$C(!X[4P:CJAT:>_P#-M@T#ON3RCA@K8ZYX_6@ZI1E*UGT7
MXFC_`&/"EQ)+!-<6XE;=(D4F%8]SCL?IBFOHEO(\Y:68B>,1NN1C:!P.G&*C
MAU"Z.K26L[0)$8//B;8<D=\_-V/^144.IW<ER;>7@I$LCM#`S$%ONKCG'`YH
M)M4[ERWTB&WNXKD33O+'#Y.68?,N<C.!_*G/I-H\-Y$8\+>,6EP><X[?S^M4
M'UB>%;-;X?9!+O#S/&0,@X7CMD<\TV6?46U33HDO(-LJ2-E8RR-CH>&&<@CC
M/'O0'+.]V_Z1I7.FPW!MF#/$UJ<Q&,CY>,8P01TJN^A6SQ3Q&:X$<\OFNN\?
M>X]O84HFOVU26T\Z`*L"R*PB.<DD=-WM5+^TM2.D75V)+</:2.C#RSB3:?KQ
M0$5/H_Z9JW6G1W<<0EDE\V(Y29&"NI[\@8_2I;6U%N#^]EE=L;GD;)..GMW/
M2LP:N]S<O#")(Q'"CLR0F0[F&0..V*C&HZF\^EQM'%;M=B02(\9)1E!]^AZX
M_6@7).UG_74WJ*YF_P!1U".QU>!IHQ-9[")D0C<KCL,\'WJ]?:A-I\UM%>3Q
M(DI;=<+$0HQC"X).">>3Z4$^Q?\`7I<V**RUN-0\^U`$<L3#YY$&0W/4'MQS
M_C6I01*-C#AMVBUB;4&O[3=*@C,?88QWS[4R.S"Z/<:>VH6Q\XL?,]-Q)/&:
MOIJ8,5Q*87"QD%.,%U/`//N#^%1C6DR`;:8,5W;3CNVWU]1S^%!?M7_7D0W5
MI;W?V)I;R%9+?*N4<8=",%>O?C]:6YBQJ!O;#4;>*210DL<N&5\=#P0014IU
ME0WS0.J["Q'&X8+#GGI\O7W%2OJ:I:&X,+[-VT<CDXY[^V/<T![1D+,S*HEO
M;.X5E(DCD`"DYX(Z\=L'-5(]/CM5T\VM_;>9:!P=_P!U@YR>AXQVK2;4!%L,
M^V,/*ZC)Q\J@_F<C]:B_MA$R)(9`55B2<#.W.0.>O!XH!5&MAL?RZD]VU[:M
MNB$6T''0D@]?4U56R4:;>V9O[7_2G=R_]W=U&,U>BU42R(%@D*L0,C'!W8_$
M<@@CMS2/JC1&0O"Q4,X7&.0O4GGCH?RH#VC12CM&M)A<66I6JR-&L<RR#*/M
M&`WWL@XJ62`R7]E<OJ5NYM=YYP-Y88/?C';K4YUJ'<X6&9PCE25`[8S_`#%)
M)K"B18D3=+)P@'*YVY'(Z@].*`]JRG<V"7+ZD7O[8+?(JD`\IM''?GWJV9)9
M%43W=A,I4AXR,*>F#U/O^=2R:B4OI+?R]Q7`"@_,V=O/L,M^AJ,:W`8MYCD&
M06`XY`&3CGL.OH1B@'4;W+.EVJ6>G0V\4@D5`<,.AR<\>W-6ZBMY1/`DH!`8
M9`-2T&;=W=A1110(****`"BBB@`HHHH`****`"FLJNI5@&![$9HHH`=1110!
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>scheduleatojointinsurancx4x1.jpg
<TEXT>
begin 644 scheduleatojointinsurancx4x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``T`&H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#J(M1O9=7G
MT\1VX:&,/ORV#G';\:D;57M;V&UU"`1>>=L4R/N1CZ'@$&JMI_R.=_\`]>Z?
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MDV@;!T!`XR6SQZ5H:?%>0O<"Z=&C9]T(#ERHQR"2!WH)<+*]R[11109A1110
M!SUN(6UV94_M!+XQCS6/E8"\8]O3IS6K#IMO%<BY8-+<`8$LK%B![=A^&*S+
M;<?&&H;2`WV9,$C(!X[4P:CJAT:>_P#-M@T#ON3RCA@K8ZYX_6@ZI1E*UGT7
MXFC_`&/"EQ)+!-<6XE;=(D4F%8]SCL?IBFOHEO(\Y:68B>,1NN1C:!P.G&*C
MAU"Z.K26L[0)$8//B;8<D=\_-V/^144.IW<ER;>7@I$LCM#`S$%ONKCG'`YH
M)M4[ERWTB&WNXKD33O+'#Y.68?,N<C.!_*G/I-H\-Y$8\+>,6EP><X[?S^M4
M'UB>%;-;X?9!+O#S/&0,@X7CMD<\TV6?46U33HDO(-LJ2-E8RR-CH>&&<@CC
M/'O0'+.]V_Z1I7.FPW!MF#/$UJ<Q&,CY>,8P01TJN^A6SQ3Q&:X$<\OFNN\?
M>X]O84HFOVU26T\Z`*L"R*PB.<DD=-WM5+^TM2.D75V)+</:2.C#RSB3:?KQ
M0$5/H_Z9JW6G1W<<0EDE\V(Y29&"NI[\@8_2I;6U%N#^]EE=L;GD;)..GMW/
M2LP:N]S<O#")(Q'"CLR0F0[F&0..V*C&HZF\^EQM'%;M=B02(\9)1E!]^AZX
M_6@7).UG_74WJ*YF_P!1U".QU>!IHQ-9[")D0C<KCL,\'WJ]?:A-I\UM%>3Q
M(DI;=<+$0HQC"X).">>3Z4$^Q?\`7I<V**RUN-0\^U`$<L3#YY$&0W/4'MQS
M_C6I01*-C#AMVBUB;4&O[3=*@C,?88QWS[4R.S"Z/<:>VH6Q\XL?,]-Q)/&:
MOIJ8,5Q*87"QD%.,%U/`//N#^%1C6DR`;:8,5W;3CNVWU]1S^%!?M7_7D0W5
MI;W?V)I;R%9+?*N4<8=",%>O?C]:6YBQJ!O;#4;>*210DL<N&5\=#P0014IU
ME0WS0.J["Q'&X8+#GGI\O7W%2OJ:I:&X,+[-VT<CDXY[^V/<T![1D+,S*HEO
M;.X5E(DCD`"DYX(Z\=L'-5(]/CM5T\VM_;>9:!P=_P!U@YR>AXQVK2;4!%L,
M^V,/*ZC)Q\J@_F<C]:B_MA$R)(9`55B2<#.W.0.>O!XH!5&MAL?RZD]VU[:M
MNB$6T''0D@]?4U56R4:;>V9O[7_2G=R_]W=U&,U>BU42R(%@D*L0,C'!W8_$
M<@@CMS2/JC1&0O"Q4,X7&.0O4GGCH?RH#VC12CM&M)A<66I6JR-&L<RR#*/M
M&`WWL@XJ62`R7]E<OJ5NYM=YYP-Y88/?C';K4YUJ'<X6&9PCE25`[8S_`#%)
M)K"B18D3=+)P@'*YVY'(Z@].*`]JRG<V"7+ZD7O[8+?(JD`\IM''?GWJV9)9
M%43W=A,I4AXR,*>F#U/O^=2R:B4OI+?R]Q7`"@_,V=O/L,M^AJ,:W`8MYCD&
M06`XY`&3CGL.OH1B@'4;W+.EVJ6>G0V\4@D5`<,.AR<\>W-6ZBMY1/`DH!`8
M9`-2T&;=W=A1110(****`"BBB@`HHHH`****`"FLJNI5@&![$9HHH`=1110!
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>p81951478_102008x2x1.jpg
<TEXT>
begin 644 p81951478_102008x2x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`"6`J(#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`$R/6C(]:JZC>1:?9S7<Y`CB4L>0,
MX[#W/&/?%5-'U-K\S0W$)M[NW*^;#G.T,-R\^N.ON#0!JTM(OW12T`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`445FZWJ
ML6D69N)`9)&.R&%?O2.>@']?\Y`+%_?VNG0-/>3+%&.['K]*I:3X@T_69I(K
M5I!(@#%73:2O3(]N:JV&A-<31ZCKA%S>$96(_P"K@]E'0GZU2O-0M;?QA<WD
MSK';Z?9B.1N[.QR%'KQV]J`.M%9^L:M;:/;"XNMY!8(J1C+,3Z#-9=CXM@FM
M[^:]MGLA9E<HY^9@P)7C^\<=*72-/GU*[36M55A)R;6W(P(4/0D?WC0!T2'<
MBG!&1G!ZBG4@Z4M`!15#5]2@TFR>ZN"<#A57J[=@*YIM5UNVU?2HKR>)!J$G
MS6JQC]PF1@;NN3D_E0!VE%(.E!H`6BN82_>^\>_98)W$%G;$R(IPK,2.OKU7
M\JZ8=*`%HHHH`**S-5U[3M'=$O[CRFD!90$9B1^`-4H/$$VH8_LO2[J4'&)9
MP(HQ[Y.2>_0>E`'05'(RHK.[!549))Q@=Z>OW17->(+C^T=3BT..81P[#-?/
MNQMB';/;/?V^M`"#5=5UJ9AH<44-FAQ]JN0<2$=E'I[\TNG^)5A@NTUQH[:[
MLWVR8SB0$94J.ISCH/K5W3M9TZ?3YY[7='9V?R[V3:F`.B^N*YW0C!JM]J/B
M?4H@(8&_<`CA0HSGW.,?CF@#K=*U*WU6S6YM&)0L5(88(([$5='2N%\/Z_/I
MUG%)J.G216U[.TAO-^5W,<_=QP/Q[5U5QK.GVU[%9372+<2L%2,9)R>G3IVZ
MT`:-%4-2U6QTN$R7MRD0QD*3\S?0=32Z9J=MJMBMY:N3$21EA@C'6@"]14?F
M)Y>_<-F-V[/&*AMK^SO&9;:[@G*_>$<BL1^5`%JBD%+0`4444`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%-8XSB
MG4QN^.N*`,G0]4N+]-UW`ENTD:SQA7+9C8D#/&,\=NQ%:XZ5PT_VFUTRVAEN
M&@U'2IU0$/@S6Y=5&`."OW`>O*X/)-=C<W-O:1"2YGB@0G:&D8*"?0$_YXH`
MSM<VW=[8Z60'%Q)YLRD!AY<?S8(/8MM'3UIFB0E]4U74_P#EG=2K''C!R(EV
M[LYYR<\8[9[UD6ZR>*-5U"\MF$5B8A8B;/SO'G<X"X/)SC)Q@$<$UUUI;Q6E
MK%;P($BB4*JCL!_/ZT`3#I2TE%`"T4E+0`444E`"TE%%`#6P,YX&.:P[G7YT
M:6>VL#=6$#JKW$4P8D'EF50#N"\`^^?0XG\1R_\`$L>U5V26\9;6,A2>7X/Y
M+DY]CS5G['#;:4UI:Q^7"D155C7)'!Z#/)_G0!=7[HYS2U5TM)H]+M$NMWGK
M"@DW-N.[:,Y/?GO5J@`HKFCJ5U+XZ%DID2UCA9""/D=\*Y/U`9?I^-7O$%W'
M#9K:&Y>"XO'6"`HV'#$@;ACL,Y_3/(H`UZ*XV7PKJD<3R2>++U4526.'X'<_
M?JE;:5=WDL21>+=2!F4M&9()HPXQGY2S`'CGCM0!V>I7C6<#.D+3RL=D4*-@
MR,>V3T[DGG`!/8TFGW,TTEW%.8R\$WE[HU*@@HK="3TWX_"N%D@OM/UJ0'Q!
M<RO:Q*HD>$ROYDGW8EC9CDL!G(XXYQBM^ST77DAW_P!O""24^9(GV*-CN/7)
M!Y/0?A0!U"\@&EKEULM=F60VOBJ*9XV*,!:185NZD@G!K=TR*[AL(H[^X6XN
M5SOD50H;DXX'M@4`6Z***`"BBB@!IZUPUKJUO>ZRVHW&;FY5FAL+&+!90/XC
M_=SSR>WTKN3UJ"WL[:V9VM[>*)I#EBB!2Q]Z`*:W<]AI$MYK#Q(R@NRQ9P@[
M*">IZ?B:YGPCHLFI2OK>I@,)9FFAA(X))Y<C^7YUTGB#2#K-G':FX,,0E5Y0
M!DNH[#]/RK3AB2"&.&-0J1J%4#L!P*`.0L=!N+_Q'?7NIQ,MHER6B@8<2D#:
M&/J`.GU^M=DOW12U2NK'[1?VMSY\T?V8L?+1L+)N&/F^E`%VDH'2B@#C=7U2
MR?Q%))>N&ATL+Y5N.6FF;D$#N!Q]#5>]TG6[NZL];^SA[[S01;E\"",?=!R>
M><D_6NP.G61O?MAM83<XQYNP;OSJT.E`'`ZMH6HOJFF[]2NI;RY=R\BG$<``
MYVCMP<=>:@O!=>';NZT2UNY3'=()H2`SRL3E2@'0%B.O8#N:]&J)H(FG6<Q(
M95&U7*C<!Z`T`<7IND:WX<NS/:VJ:D]U&/.+2;2CYR>3U'OWJ.75M1T3Q+YV
MO2/(DML?*BMP2F[(PH'J.>?<>U=X.E-959@2H)'0D=*`.!T;6=:U#5)IX(+B
M65E,9CD8K;1'/)]B``/4^O:K%K>>,+^TNX/L?DS%B1-*/+V#^Z@[_7)KN*6@
M#EK31]2U.[L[S7S$OV7_`%5M'S\W]YCZYYXKJ%X%+10`TGDCO7(IX3NKC5-1
MFO;TBTNI]_E1<&5025#-U``.,#Z]A7844`<YXFT:YO\`1[?3-,$<,`D42#.`
M$'\\'!Q[58N/#T#^'/[&@E:"+"@N%Y/()S]36W10!G7.DVMWI`TV5#Y"QJBX
MZKM'!'N*Y6U\&7\@:&]NH$19_-6YC!:X<XP,L<8'?OS7=T4`<9?>!$DDBFM[
MZ5[A6W2/=#S=_?G_``]Z35-"U^:WBA:]BO+;>/,M$00*RC'&1SU[5VE%`'&Z
M;X0F%N;?4;QC8[S(ME"QV@GL6ZD#^?-.M/!*6J.\-W);78G9XIH<DK&<;58'
M[W3-=A10!3TZ"ZM[4)>7OVR7.?-\L)D?0<5;'2EHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"DI:*`,K7
M--M+VTDDN;=9)(4+1ORK*0,\,.1VIS:+I[[?.@-SMR%^TNT^W.,XWDXZ"K5_
M!]JL;BW!`,L;(#Z9&*G(_P#UT`8F@-;1:7<7:XB2:YN)W9FP!^\89)[#"J./
M3WJEX7U"&[UC6<HJRR2)-&Q;F2+:`AP><`8/_`Q4UCHEV(S9ZB]O)IT<K211
M1J29<N7'F9[`]`.O?C(.EJ6BZ;JNW[=:)*RX`;E6`YP-PYQR>/>@#!;Q=Y^I
MW5M9?8/*B4*EQ<W7EJ6YR<?Q#/8=NXS4\/BZPMKFXMM0U"VD*%3'-;1OM8$=
M."W(/H<<CN#4=KIFF:6UU;W6C^>JRL\$@L_.WJPR%R`Q!7IR>>OTTH;5]22]
MEN8Y8([R`0+&0%D6,!NO49)=NG`&V@"X^IV27MO9F>/S[A2T2`YW``G/';@X
M)X..*;<ZK8V\4KFX5VB95:./YWWL<!=HYR>@'^%9,/A"$0JTU]=_;=^YKN%_
M+=N"`!UP`IQ@4ZZ\'V#01_V>7L+J(82YB)W`<YR,C).3SU]Z`+T>N6WVJ*TN
M(YK6YD8K''*H._"@\,A*]#TSGIQR*35;]@LEAI[>9J$JLL:JW^JX&78C(4*&
M!YZY`'6J%OX12-H99=0N#/#*TR/$JCYFQN)WAB3P.I-7/[$>V:6?3[R5+R;!
MDDGQ()B.FX=L`D?+MZT`+X>U9=0MV@D9OMMF%CNE9<8DY!QC@C*MTI=?T^]O
M5@:PO'MY8WY42%`ZG&[H#SQP2"!D\=,5]#TO4K?5[W4-2DMMUTJ#R[8MM^48
M!P?;^=;ZCCF@#B9;W6(]6T2VU:S9]CN^8WC!N'"$`@9`7;N]><_A71VVLK<2
MK$ECJ"LW1I+9E7\2>GXU!XDT>;4UMIK)XH[VUDW0O*"5&1S_`"!!P>5'J:V1
M]W_&@!PZ5FZSJ]MHT4<]YY@BDD$09%SM)!.3WQQVY^M2Z<=0,&-32V68'[UN
MS%6'T(&#^)JIXFTI]7T:>UA\KSF96C:7HA!&><''&1^/OF@""RTN"_M;?4%E
MF@FD=[F*6+"NJR$$!@<J?E"#D'I4.L>'XGTN]F7S+N_,#!)9?F?`YVJ`,#OT
M`Z^];NG6WV/3K:UW;_(B6/=C&=HQG';I5B@#@;WQ6-7M].L[>66)[H,EPL"A
M7$F,*JEC@*6/7KC'(Y%7-3&N)#H]O,UI]J,ZQ+<P,\D@XY<*0.`H.[)(.<\=
MNDO-+L;P3">SAD,V"Y*#<Q`(!SUR`2`<Y&:ATS0=-TJ1WL;41.XVEB[,<>@R
M>/PH`Y\1)X=\0SWVKAYX9U4QW[)N,;`;2I`'RYSQCM@<\X@U35=4U.RO=0T[
M[7':1%DA="(T*`'=(?XV.>F``N.3U%=R1[UD7'ARVGNI)&NKU89,E[5+@K$V
M<Y^4<\DD\&@"MI,^EZ1I;FV<_9//$<3*"QG;:JDJ`,N2P(X'OTK0\.W%U<Z/
M'+?`"Y,DJR*""%(D88&.PQBH;#PWI.FW(N+.S6.4`@,79L#VR>/K]?6MA>E`
M"T444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`&)K&I7-G=[%:*WMQ'
MN\^:!Y$9N?E)4@+@`<GUZ<5&OBC3UNOL\TBA@0K2(ZLF[&2`,[B/]K;BM"[L
M'N)VD2]NH-R;&2-E*D?1@<'W&*JV^@V]L/+AGN4M>]N),(?EQUQNZ=LXS0`U
M?$$;>0!87H:X($095&\;2V0=V,8'U'<#-4YO%]K)$38Q-+)N3:-Z?,I<*3@-
MD?>'#8/(XX.+UMH<5O+;NUS=3FW_`-6)'7:J[2NT```#!^N0,FD&@PBW^RF\
MO#"JJL2%UQ&%8,,#'."!@MGT]:`(9_%-I!)(DL-R&0-\N%RV&"GY=V1R>-P&
M>U7(]7B9UA>&>.X:80F)MI8';OSP2,8[@]JI?\(I:$(&N;DA<X&4&,D,<X7G
MD#K5M--=M?DU*0(%$(BC56)W'.2Q&!@]N_%`&J.E+2#I2T`%%%%`!1110`44
M44`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!111
M0`4444`%%%%`!1110`4444`%%%%`!1124`+1244`+1244`+1244`+1244`+5
M34[E[33;NYB"F2&%Y%#="0I(S^56J@O;=+RSGMI"0DT;1L1UP00<?G0!S\?B
M(Q3*))K?48FC4DV28,;%E55;+D<Y]1T-3-XMT^.1XY5E1X]V06C9@R@D@@,2
M.AYZ>_-:UW91W=O'!(SA4D20$'G*D$9_$"JG]BQ[Y1'?7L<4A=Q%'*%"L^<D
M<9ZDD9.,]N*`*S>([?;'(4FCB8.-I16+D%0`K!BISO`XR.>HQ4;>*8K:XN(K
MV)X6679'$[(K`!%8EB6V]6XP>1T!J4^%[%BSN\S.^26&Q<GY<$!5`!&Q<8'U
MS4B^'XTG>Y6^NQ<NQ+3AE#$$*"/N[<?*O;C'&*`&+XEMI(S)!;7,D60@DVJ`
M69`RCDYY!`Z=>N*TM(NWOM)M+N6(Q/-$KLO'4CJ,$\'J/8U571+98F3S)V#3
M).2SY)90H&2?]WOS[U=T^T%C806BR/(L*A%9\9P.G0#H.*`+-%)10`M%)10`
MM%)10`M%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!24M)0`44
M4R5UC5F=@J@9))P`/QH`?15)K\%2\-O/,H_B50!]1N(R/IFI[.YBO+6.X@;=
M%(,J<8H`FHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@!:**
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"DI:2@".5E16=V"JHW
M$DX`_&J$"B[F$UQ]Y?FAA8_<'\+%?[QY^G0<YINIW0\WR@C2K$03&G623JB?
M^S'T`!/!I%D-GE%47&HS_.ZIP/0$G^%1T'<X[GB@"QJ5VUO"(H,&ZF^2!#Z]
MS]!U/T]Q2VD5MI=E;6@E15"A$+L`7/<^Y)Y_&JY:WTW==7LZR7;@`D#YF]$1
M>N,]NI[UFW%M)J.H62W,7^D&03L"<_9HE;*C/]YB!GUY_NT`=,.E!(`)S]:K
MPWUO/<2V\,JO+"!O4'[OL?0UD>+HA=64-I"K&\N)/+A(8KL'\3'!Z!<Y^HH`
MU++4(+]'E@W&-7*"0C`?'4@]QG(_"G7EU'9VLES+N*H`<*,EB>`!ZDG`]\BL
MP:-!IMK"-.TJRGDC'S&4A&;`Z[MIYSZ_G5/3[^^U^Z60I;VR6ISY#NSL6_O]
M%X^\![@^E`&M:O/;6TU[JDRH"-WEC&V%1T&>['/)[T6$,UQ-_:%UOC)&(8-Q
MQ&GJ1_>/?TZ5FW3W%U?2I>7MJEEI[(\K-"51Y#R%.7/`!4]N2*Z&"6.>%)8G
M#QN,JP.010`]>E!(').*CGD2&-Y)6"HHR2>E<\J3:SKD;3[TM+/$IC/&7(R@
M8?W@/F([944`=-10.GI30RLS*&!*]0#R*`'44UG5%+,0H]33AR*`"BBB@`HH
MHH`****`%HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*JZA.]
MK93SQQF5XXV=4`Y8@<#\:M4E`&-HUG,L2W-X")V!8!A]S/4GT)].PPO:HK!=
M6M[257M$>]=V9[B20"-^N.!SP,#&!TZUO44`<YH^DW"WCZIJ$)-\8P@,S@G/
M\1&"0J]`,<X!ZYJI:>'M6GU:XO=4O_*WYV_9)&!(Q@#!Z``^A.37744`8EEH
M<EI;0)'J5PCQ9R8U4*Y/4L"#DGKDGK4EIHPM=8DOS</,SPB/][R1SDD'.`#P
M,8[5KT4`9NIF6>:"QB+HL^XRR+GY4'4`]B21^&?04Z[T^.>.,0L;>:(8AEC'
M,?M[CID>GZ:%%`'&_P#"+ZI/%.ES>VKM(Q=)-A;#-RQV\`'G&[G@#`%7CX<G
M:6P7[:4BM5S^[R/F`P`HZ``$\G)-=)10!@V.A3V[M]IU.>[C!5HTD.=K]W/K
MSD@=!C\11M/#6I0V5ZKZG+YTS,8E60A!D_>8@`DX_"NLHH`YJPT/4[)Q&NIH
M85A$:`*1CN<#.`2?XCD_2L26'6=+GM=/CN8O.NI$+&.3][(2,N[$@\<$#Z="
M:[\UDV^B1PZM)?O,TKEV=`R@%2P`Z]\`$#ZF@"K=:+J-WJ%O<37T+QQIDQ/&
M619/4*",X'3=G!YK0;3'9UD_M"]$@_B$@P?8KC;^E:`Z4M`$4,1B3:TCR'.=
MSX_H`*EHHH`****`"BBB@!:***`"BBB@!CMM!8#.!6!;W-ZNF0ZQ-?;H3%]H
ME@*+L5-I.U2!NW#CJ<5T/6LW^Q+`2[OLY(RQ",[,BD]2%)VC/L*`*::],E[:
M6ES9+'+<E"FV;<`C!CD_*.05QCWZU"/$\KF=UL!Y5OS*3-@A?,=,@;>3\F<?
M49XYT!H.FA=ODR`Y4A_/?>NW[H#9R,9.`#2PZ'I\,$D,=OM250KCS&Y&XMC.
M?5C]:`,BV\1WJ1>7+8^?.&D8B'>P""1E`&U#S\I`S@'&<BI)O$MPD3S_`-F_
MN%EDB#M*W!0D?-A#M)[9XZ\BM%]`TYV8F!OF+$@3.,[CDJ>?ND\[>GM3GT33
MW4)Y!4!G<;)&0@M][D$'!].E`%"/7Y9);E+6W^T&,M(=\Z@",*I^4JIR?FX'
M/?GI4<7B=Q;_`&F>R"6JR>6SK+N8'R]_"[>G;KFK%_X<@E@\JS\NU!#;CAR<
M%0I`(=>,*,@Y''2KD6BV$=L+<0[DWB0AF/+;=N3SZ#ITH`H0>(;J;RX_[,=9
MYV"Q"0ND9^5F.69!T"GH#U%-CU*^;1[2Y)/VB2^,3(=H^7S67;G'3``R!GBK
MZZ#IRH56!\Y&UC,Y9-N<!6SE<9.`".II_P#8]@VG+8&`FW1BZH7;@Y+9SG/4
MDT`4#XC,?G1S682:(%402[A)(&"[`<?[2<_[73BM]<[1G&>^#62VA0_:K-T*
MK#:R-,J8)9I#G+%R3QWQCTYK67A<4`.HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"DI:*`$HI:*`$HI:*`$HI:*`$HI
M:*`$HI:*`$HI:*`$HI:*`$HI:*`$HI:*`$HI:*`$HI:*`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`K*U2RU2YN5:PUC[#&%`*?9EDR<]<D_ABM6B@#
MGAI'B'`QXGP/3^SX_P#&E_LCQ%_T,_\`Y(1_XUT%%`'/_P!D>(O^AG_\D(_\
M:/[(\1?]#/\`^2$?^-=!10!S_P#9'B+_`*&?_P`D(_\`&C^R/$7_`$,__DA'
M_C7044`<_P#V1XB_Z&?_`,D(_P#&C^R/$7_0S_\`DA'_`(UT%%`'/_V1XB_Z
M&?\`\D(_\:/[(\1?]#/_`.2$?^-=!10!S_\`9'B+_H9__)"/_&C^R/$7_0S_
M`/DA'_C7044`<_\`V1XB_P"AG_\`)"/_`!H_LCQ%_P!#/_Y(1_XUT%%`'/\`
M]D>(O^AG_P#)"/\`QH_LCQ%_T,__`)(1_P"-=!10!S_]D>(O^AG_`/)"/_&C
M^R/$7_0S_P#DA'_C7044`<__`&1XB_Z&?_R0C_QH_LCQ%_T,_P#Y(1_XUT%%
M`'/_`-D>(O\`H9__`"0C_P`:/[(\1?\`0S_^2$?^-=!10!S_`/9'B+_H9_\`
MR0C_`,:/[(\1?]#/_P"2$?\`C7044`<__9'B+_H9_P#R0C_QH_LCQ%_T,_\`
MY(1_XUT%%`'/_P!D>(O^AG_\D(_\:/[(\1?]#/\`^2$?^-=!10!SO]D^(,\^
M)O\`R0C_`,:W;99$MHEFD\V14`:3;MWG')QVS4M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110!E:I9:I<W*M8:Q]AC"@%/LRR9.>N2?PQ5,:1XAP,>)
M\#T_L^/_`!KH:*`.?_LCQ%_T,_\`Y(1_XT?V1XB_Z&?_`,D(_P#&N@HH`Y_^
MR/$7_0S_`/DA'_C1_9'B+_H9_P#R0C_QKH**`.?_`+(\1?\`0S_^2$?^-']D
M>(O^AG_\D(_\:Z"B@#G_`.R/$7_0S_\`DA'_`(U7%IK1O39_\)6#<+'YA3[!
M'G;G&>M=*W_UZYF72]3=WO<P^;),W[@)\P0C8%+[L8"X;&WJ*`))[#7+=5,O
MBC;O8(#_`&?&<L>`*2TLM<O+6.YM_%6^*0;E;^ST&1^)JG_95_.;,SZ:2EK%
M;QE7>-MY1CN(&[&,'N1QGUJ.+P]=V]G8K'9J"MN!>1*ZCSB'0[&.<'@-R?IG
M!H`TI=,U^*-I'\3,0HR=NG(Q_(<T]=)\0E01XGP/^O"/_&LN3P]<3-?,=/18
MWMYOLD#,A\ECMV@<X!R">.!NZT^\TF>YDN9$T<P7#$!'C\E`4W`L2V2=S@$<
MJ0,X]20"_+INOQ(TC^*,(@+,?L"<`=:JSIJT$<$C>*)&%Q_JA'I8<MQG.%R>
ME0C0YQ&V[399X6$@CMY)(@8F(4!\+A%'!X&2.HZFM232Y9HM&CD65!;Q[93%
M+Y;)^[QP5.>O''\J`*MG;:S?1M);^*68*VQ@VFJC*1S@@X(Z^E6!I'B'''B?
MC_KPC_QK+ET&]+"*6WDN8D:0;T>(M(QP0[>9GG`VD]1@8R*KOI5S>6]]!;63
M-=I*R&Z:523^Y`*$\$Y)P>`.<\=*`-W^R/$7_0S_`/DA'_C1_9'B+_H9_P#R
M0C_QK.E\/S+=QM#:R;/+B\IH6A01,/O$DJ6'.3E<YS4,.A:A'9SPQVK1QNL>
M]"T8>3:V2N02K<'[S*"<<T`:W]E>(1U\3_\`DA'_`(U%#8Z[/O,7BD-L8HV+
M"/J.HZU1B\.S.9Q)9NT9MI1"DS1DH[;=N`@"J>#TR!UR,U!)H%\8G@&G#DRL
M7'EDDMC:>6XZ=<$@]/6@#2CM-9EE:)/%#.R,4;&G(0".H)Z#@BK`TGQ%_P!#
M/_Y(1_XUD0:!?]?L@BG57E\W<G,N(V7.#S\ZG\\T^XT"]GD\Z>"5WN$+,L4D
M0,,I8DY9U.."HW)S\G0\4`:O]D>(O^AG_P#)"/\`QK8L(;B"SCCO+K[5.N=T
MWEA-W)Q\HX'&!^%3(,*,DD^_6G4`%%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
8`!1110`4444`%%%%`!1110`4444`?__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>p81951478_102008x23x1.jpg
<TEXT>
begin 644 p81951478_102008x23x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>p81951478_102008x24x1.jpg
<TEXT>
begin 644 p81951478_102008x24x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>p81951478_102008x27x1.jpg
<TEXT>
begin 644 p81951478_102008x27x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>p81951478_102008x28x1.jpg
<TEXT>
begin 644 p81951478_102008x28x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>p81951478_102008x29x1.jpg
<TEXT>
begin 644 p81951478_102008x29x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>p81951478_102008x32x1.jpg
<TEXT>
begin 644 p81951478_102008x32x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>p81951478_102008x33x1.jpg
<TEXT>
begin 644 p81951478_102008x33x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>p81951478_102008x34x1.jpg
<TEXT>
begin 644 p81951478_102008x34x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>p81951478_102008x35x1.jpg
<TEXT>
begin 644 p81951478_102008x35x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>p81951478_102008x36x1.jpg
<TEXT>
begin 644 p81951478_102008x36x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>p81951478_102008x37x1.jpg
<TEXT>
begin 644 p81951478_102008x37x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>p81951478_102008x38x1.jpg
<TEXT>
begin 644 p81951478_102008x38x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>p81951478_102008x39x1.jpg
<TEXT>
begin 644 p81951478_102008x39x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!H`0$#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#T"BBB@`HH
MHH`2BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`%HHHH`****`$HHH/2@!KLJ*6=@JJ,DL<`532Z
MGNO^/5-D9Z2RKC=_NKU/U./QZU6U"X64/NR]O"WS(.LTG:,>O.,]N@]:OR3I
M;VWG7.V(`9<9R`?3WH`S]0FNK`VLD=VTQEGCB,+HN&#'!(P`01UY)Z5L?I67
M:0R7%T-2O$,152L$3?\`+)3U8^C'OZ#`]<ECK`O=1>U6W=(_+$L<I(Q(N2,^
MV<9'J.:`-2BCM6)K_B!='CVBVGFG?"P@(=CN>V:`-NBLK2;J_:UA2^M)_.(S
M)(WE@`]<85CQV]:74YYI9%T^UD*3S`EG4<Q1CJWU/0?7V-`%Z.XBF:1(95=H
MSA@I!VGT-1_;H1?"S#%IL;F"C(0=BWIGM5.=TTVVAL=-B19YF*Q+U"_WG;U`
M'<]3@=35NPLXK&$1QY8DY>1OO2-W8F@"W11TK/U/58--1/,WO+(P2.*,9=V/
M3C\Z`-"BF@YIU`!1110`4444`%%%%`!1110`4444`%%%%`!1110`M%)5;4+U
M+"QENI%=DC&2%QD\X[T`6J*S;;5!->_9);:>VF\OS5$NTAE!P2"I(XR.XZUH
M`T`+5+4KO[)`-K*)7.%W'@>K'V`Y_#'>KIZ&LNZTK[5J\=Y/,3!%%L6`CY2V
M[))/IPO'L/2@"K$5M(HKJ=7*@".S@_B<G/S'/\;>_0$]/FJ:;;:*=1U:52Z?
M<C7E8R>R#JS'U//I@<5;O].BOC"[O)'+`_F12(1N0].^0?QJK/H4-P\4TEU=
MF>(DB7S!G!!!'3`Z]0`?0T`5%NI-7L#<W@^PZ6N6='8;Y0.H8]ESU[GIT/-'
M3_$5B@N[QFDDOKF0(L`0J1Q^[0$C`XY).._6N@O-'L;VP2QGA)MT`"HK%0,#
MCI3K72+"ULTM([6)H4;<%<!LMZG/?WH`JV6N6KQ.MU>6JW$>/,2.3(7/0`G[
MWX=ZJV+)K^K#42L@MK!FBA5UVEY/XF(/3'`'].E=!L0L&VKE1@''2FQP10A_
M)BCCWL7;:H&YCU)QU-`&1X@MHY(%<37,=X_[JW^SS-&68\]`<8X))],^E4;"
MQM]-D,>LH)9)FXO)9"Z2GLK;B=I`X`/&!US6ZMHQU1KN1@RB,1Q+C[F22Q_'
MY?RJQ<6\-S`\,\2RQ.,,C#(-`'$0ZC96RW6IV^G0W$N[]TJHJ+#&"0G..'8_
M-@#)R.@KHG\0V<(MA/E9)R$)091&QDC?P#CGIFG)X:T:-61;"(JS;MK$D9XS
M@$\=!G'6KATZT,T<IMX]\2>7'D<(OH!T%`%"+Q)8WD1_L^7[3.V0D(!4GG@G
M/1?4_P#ZJQK#4=-N->DNI[WSI(,B,(A;>V/F<`9^4#Y5'U/?-=7%96T$\DT-
MO''*X"LZJ`2!P!^%00Z18PK<B.W`^U9\TY)+`C&,]0,4`5K+Q%I]YY(CE8/*
M6VHZ_-@=6('W1QU-)%XCL99I@)0EO#PUP[!59O[JYZ\=:F30-)1D9;"`;%V@
M;>,9SR.AYKE_%.GV9N&M-/MF-[(PRQD?"^:QSA<\D@,3V`'L*`.FN=>T^VM(
MKAKC>)L>4J`EI,G`VCWIQUJUB@5[ES%)C+Q+F5H_][;G'UH70M.-K';/;+*B
M.'_>$DE@,`DGKQ5^&"*WB6*&)(XUX"J``/PH`AMM0M+M@+>XCE.,X1LX^N.G
MXU:HHH`****`"BBB@`HHHH`****`"BBB@`K+\21/-H5W'&CNY``5`2QY!XQS
M6I1B@#ETL8KS4RMNE]]GEM9(KAKH2]R-NTR<YY/3TJUX=-Q=SS7EXN)8E%F"
M3U*$[V'U;^0K<D021LC9PP(."0?P(Y'X5%:V\5I;K#`NV->@))R2<DY/)H`G
MHQ6/?:";V[>?^UM4M]^/W=O<;$&`!P,'T_6J_P#PBW_4>US_`,#/_K4`=!17
M/_\`"+?]1[7/_`S_`.M1_P`(M_U'M<_\#/\`ZU`'045S_P#PBW_4>US_`,#/
M_K4?\(M_U'M<_P#`S_ZU`'045S__``BW_4>US_P,_P#K55N-(@M[ZUM)->UW
MS+C.W%UP,>IQQGH*`.JP**Y&\TZRLK&2[F\3:N8TR/EOA\S#JJ\=>,8IME96
M-ZTD</B75MZ,5VF^7+`?Q*/3WH`["BN2_L[3MFX>+=1*[MH(U)<%O3/K38+#
M3YBBCQ3J:ROC$1U)"V3T'&<YH`Z^BN3_`+,T\Q/+_P`);J/E(P5G_M)<`GL3
MC&:A-C`=-COH]9\02I+((T1+M=S,7V#&<#&<<YH`[*F>3%YHE\I/,`P'VC/Y
MUR$=C;^9-'>:YKMBT(4M]IOD48;./F!(['CK5@Z58B1(SXJU+?(`43^T5RV3
M@8XY!H`ZK`]**Y'^S]-V@_\`"7:AR<#_`(F2\_I4O]CVGFRQ?\)1JGFQ#=)'
M_:`R@]QC(%`'4T5R1T_3EC25O%NHB-\A7.I+AL=<''N*C6TTYI)T;Q3JD9@9
M4<O?J!DC(Y_3Z@T`=C17&&UT_P"TM`/$VK$IM+-_:*`!2"<\GD`#G'J/>K4^
MCVEMN^T^)]5A*XR)+\+C.<9X]C^5`'4T5SJ>&E=0RZ_K3!AD$7G4'H>E._X1
M;_J/:Y_X&?\`UJ`.@HKG_P#A%O\`J/:Y_P"!G_UJ/^$6_P"H]KG_`(&?_6H`
MZ"BN?_X1;_J/:Y_X&?\`UJ/^$6_ZCVN?^!G_`-:@#H**Y_\`X1;_`*CVN?\`
M@9_]:B@#H:***`"DQ2T4`)12T4`)12T4`)12T4`(>AK"U#1;B]N+NX-XT,C;
M!`J!2!L.Y2V02/F_ND5NT4`<I<Z#J-Q;-:EK1(@;AE;S&))EW8!&WL6Q_G%2
M3Z!=75B\;M!#)+=2S,RY8*KQNO4@9.6'^>*Z?`]*,"@#G8=(O7UNWU&Y6UB\
MH!6CA);.U7&X94=W_("H8-$U(6BV=PMK)$D'D1NLS`Q97#,%V89N<<GIWY-=
M1@>E%`'+V^A7L$T-R$M#/#M`1[F60.`K+]YL[<;N`![5:7196T"UT^80.4G6
M20`91E$F]@!CGCCD5O8'I1B@#EI_#<D5YYE@L*VPE\X1+(\)W%<,`Z#('0C\
M144&C7@EN;)8+=(G2$/*6?Y/F9CL+9+$9/4CJ.V*Z[`HP/2@#E3X<NDM[=%\
MF1E@>&1?/DA7YF+9^3D]>0>N.M17/A>[E+QP2P10Y)&)'(;D'&""4)(&2K<\
M^M=?BC`/:@#FK709UOTNY%@4;9=ZB:28_,J@'<_7[IST[=:@A\/ZE`(@CVY"
M>63B5D8D0K&<,%)`^7/&"0><5UF!1@>E`')6?AF[06\%P;=H5\L2X=B2%613
M@%>X<'KZT]?#E\L<$TDL4]TC,)`)Y(@RE55?G7G@(.,8Y:NJHQ0!4TZV-E90
M6V$`C4#";B/PR2?S-6Z,4M`"44M%`"44M%`"44M%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
C%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>p81951478_102008x39x2.jpg
<TEXT>
begin 644 p81951478_102008x39x2.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!/`-L#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#OZ***`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`H/0T'I56[N&A54CP9I#M0'IGU/L!S0`V6]Q+Y$"&6?NN<!/\`>/./
MUSVH,-W(A+WAB;L(D``_[Z!)_2H],V^7*D:L8T?'G'_ELW5C],G'X>E17;-J
MCO80DBW^[<S`XSZQK[GH3V'OT`)-$O);W38YIR&<LZ[U&`X#%0P'N!G\:T:R
M-2U:/241(K8RK&%\Q4(41*2%'X\\`>]:P.10`M%5[NY%I`TK)+(JGD1(6;\J
MP=*UZ^U6ZEN8;&X?3Q\D.P(-YSRQ+,#V[4`=,>AQ4$EQ%$\:22JC2'"*Q`+'
MZ4V>\CMK1KBXS&JC+*2"<^G&<GZ51L[<0A]4U$J+EE+DOT@3'W!].Y[D_2@"
M_>7<-G`99V*KT``R2>P`')-2QMO16^89&<$8-9FGQ->SKJ5VA#'/V:)O^62>
MI'3>W4^@X[&M8]*`"BF2RI#&SR.J*HR68X`JIIFHQZG`T]NK^3YA1'?CS`/X
MA[?X4`7J***`"BBB@`HHHH`****`"BBB@`HHHH`****`$=@BEF(``R2>@K!C
MDEU.:1H6,<<BA7D'!CB'0`]F?.[V7;[5HZO92:AILUI'/Y)EPI?&<+D9&.^1
MD?C4L-G%#:&W`W(0=Y)Y8GJ2?4T`48B=2CV6C^1IZ`*K1?*91_LX^ZOH1R>W
M'6NNKB2[_LS1K9"(DYG/RPQ`'!`'\6.!QW/:K,6@P1VPM#<W4EJH*K"9`H4'
MME0"1]2:ETW2X=-A*1/+(2JIO<C.U1A5&```,GH.I-`&#<W=A9ZI;V%U=NXB
MD$]S(5),LW\`..`!C..,?)5^U\2V]Q<"1I8(K%V\N)W8[Y6]<?PKU&3UQ5NP
M\/:;I]ZUW;6P69OXF8MC/4C/0FM".UMXHFBB@B2-N2JH`#^%`&%JNJQ7QCTJ
MPE+2WV8_/092-,9<AAP3CT]1TK5&GVT6FBQ`*6R(%^5RIP/<$$'WJRT$+2)*
MT*-)'G8Q497/7![9P*KZC:M>6AMTD"*S*),C[R9^9?Q'%`'-1Z9(]P;YGN]0
MTU)/W<#W#L^!CYP,\\@X'!QSSQ3=3GT::\LX8(+>:(CSY/+C5I)#GY(Q[ENH
M/3;S78*H50JX``P,=ABLZ?0-+N+S[7)9I]HR6+@D9R,'..O'K0!GZ3X@B>.Z
M$EJEI%;OLC2(B3)QEN%'&/7ISUXJ>#Q7I$JQ$W0B\Q-W[W("CL">0"?KVJZF
MC::EM+;Q6<4<4W^L5%QN^I]/:I7TZR<('M("(R&4%!@8Z?EF@#F_$&K0S>3%
M<W#6L4S'R\\,$[RD=<]0H]]QZ<:,&O:3:&*S20I##"&#LNR-5&`.6QG/08[B
MM&ZTRSN[B&>X@$LD!S&6)P#V..A^O:H[G1--NY9I;BSCDDF`#L^<D#H,]N@Z
M4`176OVD*P"(O--<`&*%5(;![G(^4`<DG%31ZQI\IE$=Y"QB4&3:V0N?>L_6
M],TF&QW3VG'^K1(V*%W<@'D>O`R>Q-4_"&DQBVEOYHANFF8PJ79E5!\JD9Y]
M<$\XQ0!JVOB"TN]\B/LM@2%G<@+(PZA!G)^N*GCUO3Y2RK=*KK_!("C'Z*<$
M_E4ECI=CIP(L[6*'/4JO)&<XSZ>U7,4`(I!`([\TM%%`!1110`4444`%%%%`
M!1110`48HHH`,48%%%`!1110`4444`%&***`#`HHHH`,4444`,DBCF0I+&KH
M>JL,BG!0````!TI:*`"BBB@`HHHH`****`"BBB@`HHHH`****`.*TG1?#.II
M=,=-$*PG(9KE\-&?NR=>,X/';%6;OP]X3M+5KB2VCV>495`N'RZ@9ROS<]13
M[K3SI=]9QI=33+=0O8XD"#:-N5QM4=,'KGK6/9:C'J@C@C1D-KI<ULQ;H7"J
M#CVXH`L6NG>$9KIHI+:")/*CD1WO6^8OGY?O=1CU[UHR>%_"D5PEN\,*3O\`
M=B:Y<,V>F!NS6;:317NFZQ<+'TTB-1O`R,+(#^&0#^`IEW.D(N=)D3?<ZH(Y
M89NR#:H^;N"""0!GKVH`OS^'?"D<C0I%:F=2`8WO64C)`_O9[\<<FG)X?\'2
MW'D1K:O,3@1K>,6S]`V:2Y4#2M9(X;^U(P6QU^>*J%IXEM-4UF2*9+@7,K-;
MV@VC9"#D9SG.3W...@H`TX/#/A.XD=+>*"5H_OJETS%?KAN*JV^A^%[K5196
MME#.ODM*TD5V[;2"!M(!]^N:J:2JZH7TV&:X%U9V<D67*+&I8;?EVH&(R<\_
MK5SPWJEOJGB"-[>W,/D6!A8D`9.].F.P[4`-?PWI3:G/96FB0R^1&CL\M[+'
M][.```?3UIUGH?A:;3EN[JSBM!O:-_-NF"AE)!`.[!Y!J_-IXO\`7]33SYX'
M^S0A'AE9"N=_)`(W?C6))>)::;IU\YD@CTZ::UD^S*I8N<?.H<$'.#G//)H`
MU)?#GA"`(9DMHU==RE[MAN'J/FYI9/#/A..2)'A@5Y0"BFZ?+@]"!NYS[5D-
M?VVBSZ7<S6[RQO:S,J%E8KO<$8X`'IP!C/>M/1K1A<Q0;AYK:60C_P!T-(V/
MYC\J`)(?#7A.X:1(8H)6CYD"73'9]<-Q21>&O"4T+RQ1P2QQ_?=+IBJ_4ACC
M\:S-'>"\9K(B>:2PLY$D21T2/!&"JE4W$'U/3KS4-K/_`&KIE]):R2&WMUA9
M_M"H)3M;)7<%(9<#C<*`-D>'/")M_M`CMS!NV>8+MMN[TSNQFJ]QHWA"WCMY
M?)ADCN)A$CI<L5SWYW=!_A5>WFBU&*.^C>XDCGU*V0FX*98KS]U%`'4>N<"I
M;^9+*>\N74F*WU>)RJCG'E#I0!;_`.$;\)?:#;^7;^>N=T?VI]PP,DD;N.,U
M4L]'\*7D$4\5K`(6+JQDO&5@5/H&QCD'J,`CUJO'J)N-;MH&`3[-J'SQQQJJ
M*6+*"IQEB>I)(^AXQ/HXAO+FRL9%)2,7UO(.S`LA./P:@#0E\*>%X<^;;1Q[
M%WMON'&%]3ENGO1;>$_"]U&);>UCFC)P&BN'93[9#51FM[F3P_<7]W<;YH[E
M`[(!DI"^W`R",E@6Y!&36GX4FBO$N[^%IV6XE"[IB@9BHZE44`?KF@!W_"$^
M'O\`H'_^1I/_`(JC_A"?#W_0/_\`(TG_`,56_10!@?\`"$^'O^@?_P"1I/\`
MXJC_`(0GP]_T#_\`R-)_\56_10!@?\(3X>_Z!_\`Y&D_^*H_X0GP]_T#_P#R
L-)_\56_10!@?\(3X>_Z!_P#Y&D_^*H_X0GP]_P!`_P#\C2?_`!5;]%`'_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>p81951478_102008x40x1.jpg
<TEXT>
begin 644 p81951478_102008x40x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!/`-L#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#OZ***`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`H/0T'I56[N&A54CP9I#M0'IGU/L!S0`V6]Q+Y$"&6?NN<!/\`>/./
MUSVH,-W(A+WAB;L(D``_[Z!)_2H],V^7*D:L8T?'G'_ELW5C],G'X>E17;-J
MCO80DBW^[<S`XSZQK[GH3V'OT`)-$O);W38YIR&<LZ[U&`X#%0P'N!G\:T:R
M-2U:/241(K8RK&%\Q4(41*2%'X\\`>]:P.10`M%5[NY%I`TK)+(JGD1(6;\J
MP=*UZ^U6ZEN8;&X?3Q\D.P(-YSRQ+,#V[4`=,>AQ4$EQ%$\:22JC2'"*Q`+'
MZ4V>\CMK1KBXS&JC+*2"<^G&<GZ51L[<0A]4U$J+EE+DOT@3'W!].Y[D_2@"
M_>7<-G`99V*KT``R2>P`')-2QMO16^89&<$8-9FGQ->SKJ5VA#'/V:)O^62>
MI'3>W4^@X[&M8]*`"BF2RI#&SR.J*HR68X`JIIFHQZG`T]NK^3YA1'?CS`/X
MA[?X4`7J***`"BBB@`HHHH`****`"BBB@`HHHH`****`$=@BEF(``R2>@K!C
MDEU.:1H6,<<BA7D'!CB'0`]F?.[V7;[5HZO92:AILUI'/Y)EPI?&<+D9&.^1
MD?C4L-G%#:&W`W(0=Y)Y8GJ2?4T`48B=2CV6C^1IZ`*K1?*91_LX^ZOH1R>W
M'6NNKB2[_LS1K9"(DYG/RPQ`'!`'\6.!QW/:K,6@P1VPM#<W4EJH*K"9`H4'
MME0"1]2:ETW2X=-A*1/+(2JIO<C.U1A5&```,GH.I-`&#<W=A9ZI;V%U=NXB
MD$]S(5),LW\`..`!C..,?)5^U\2V]Q<"1I8(K%V\N)W8[Y6]<?PKU&3UQ5NP
M\/:;I]ZUW;6P69OXF8MC/4C/0FM".UMXHFBB@B2-N2JH`#^%`&%JNJQ7QCTJ
MPE+2WV8_/092-,9<AAP3CT]1TK5&GVT6FBQ`*6R(%^5RIP/<$$'WJRT$+2)*
MT*-)'G8Q497/7![9P*KZC:M>6AMTD"*S*),C[R9^9?Q'%`'-1Z9(]P;YGN]0
MTU)/W<#W#L^!CYP,\\@X'!QSSQ3=3GT::\LX8(+>:(CSY/+C5I)#GY(Q[ENH
M/3;S78*H50JX``P,=ABLZ?0-+N+S[7)9I]HR6+@D9R,'..O'K0!GZ3X@B>.Z
M$EJEI%;OLC2(B3)QEN%'&/7ISUXJ>#Q7I$JQ$W0B\Q-W[W("CL">0"?KVJZF
MC::EM+;Q6<4<4W^L5%QN^I]/:I7TZR<('M("(R&4%!@8Z?EF@#F_$&K0S>3%
M<W#6L4S'R\\,$[RD=<]0H]]QZ<:,&O:3:&*S20I##"&#LNR-5&`.6QG/08[B
MM&ZTRSN[B&>X@$LD!S&6)P#V..A^O:H[G1--NY9I;BSCDDF`#L^<D#H,]N@Z
M4`176OVD*P"(O--<`&*%5(;![G(^4`<DG%31ZQI\IE$=Y"QB4&3:V0N?>L_6
M],TF&QW3VG'^K1(V*%W<@'D>O`R>Q-4_"&DQBVEOYHANFF8PJ79E5!\JD9Y]
M<$\XQ0!JVOB"TN]\B/LM@2%G<@+(PZA!G)^N*GCUO3Y2RK=*KK_!("C'Z*<$
M_E4ECI=CIP(L[6*'/4JO)&<XSZ>U7,4`(I!`([\TM%%`!1110`4444`%%%%`
M!1110`48HHH`,48%%%`!1110`4444`%&***`#`HHHH`,4444`,DBCF0I+&KH
M>JL,BG!0````!TI:*`"BBB@`HHHH`****`"BBB@`HHHH`****`.*TG1?#.II
M=,=-$*PG(9KE\-&?NR=>,X/';%6;OP]X3M+5KB2VCV>495`N'RZ@9ROS<]13
M[K3SI=]9QI=33+=0O8XD"#:-N5QM4=,'KGK6/9:C'J@C@C1D-KI<ULQ;H7"J
M#CVXH`L6NG>$9KIHI+:")/*CD1WO6^8OGY?O=1CU[UHR>%_"D5PEN\,*3O\`
M=B:Y<,V>F!NS6;:317NFZQ<+'TTB-1O`R,+(#^&0#^`IEW.D(N=)D3?<ZH(Y
M89NR#:H^;N"""0!GKVH`OS^'?"D<C0I%:F=2`8WO64C)`_O9[\<<FG)X?\'2
MW'D1K:O,3@1K>,6S]`V:2Y4#2M9(X;^U(P6QU^>*J%IXEM-4UF2*9+@7,K-;
MV@VC9"#D9SG.3W...@H`TX/#/A.XD=+>*"5H_OJETS%?KAN*JV^A^%[K5196
MME#.ODM*TD5V[;2"!M(!]^N:J:2JZH7TV&:X%U9V<D67*+&I8;?EVH&(R<\_
MK5SPWJEOJGB"-[>W,/D6!A8D`9.].F.P[4`-?PWI3:G/96FB0R^1&CL\M[+'
M][.```?3UIUGH?A:;3EN[JSBM!O:-_-NF"AE)!`.[!Y!J_-IXO\`7]33SYX'
M^S0A'AE9"N=_)`(W?C6))>)::;IU\YD@CTZ::UD^S*I8N<?.H<$'.#G//)H`
MU)?#GA"`(9DMHU==RE[MAN'J/FYI9/#/A..2)'A@5Y0"BFZ?+@]"!NYS[5D-
M?VVBSZ7<S6[RQO:S,J%E8KO<$8X`'IP!C/>M/1K1A<Q0;AYK:60C_P!T-(V/
MYC\J`)(?#7A.X:1(8H)6CYD"73'9]<-Q21>&O"4T+RQ1P2QQ_?=+IBJ_4ACC
M\:S-'>"\9K(B>:2PLY$D21T2/!&"JE4W$'U/3KS4-K/_`&KIE]):R2&WMUA9
M_M"H)3M;)7<%(9<#C<*`-D>'/")M_M`CMS!NV>8+MMN[TSNQFJ]QHWA"WCMY
M?)ADCN)A$CI<L5SWYW=!_A5>WFBU&*.^C>XDCGU*V0FX*98KS]U%`'4>N<"I
M;^9+*>\N74F*WU>)RJCG'E#I0!;_`.$;\)?:#;^7;^>N=T?VI]PP,DD;N.,U
M4L]'\*7D$4\5K`(6+JQDO&5@5/H&QCD'J,`CUJO'J)N-;MH&`3[-J'SQQQJJ
M*6+*"IQEB>I)(^AXQ/HXAO+FRL9%)2,7UO(.S`LA./P:@#0E\*>%X<^;;1Q[
M%WMON'&%]3ENGO1;>$_"]U&);>UCFC)P&BN'93[9#51FM[F3P_<7]W<;YH[E
M`[(!DI"^W`R",E@6Y!&36GX4FBO$N[^%IV6XE"[IB@9BHZE44`?KF@!W_"$^
M'O\`H'_^1I/_`(JC_A"?#W_0/_\`(TG_`,56_10!@?\`"$^'O^@?_P"1I/\`
MXJC_`(0GP]_T#_\`R-)_\56_10!@?\(3X>_Z!_\`Y&D_^*H_X0GP]_T#_P#R
L-)_\56_10!@?\(3X>_Z!_P#Y&D_^*H_X0GP]_P!`_P#\C2?_`!5;]%`'_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>attachmentiitojointinsurx1x1.jpg
<TEXT>
begin 644 attachmentiitojointinsurx1x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``X`',#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#O7EC1MKR(
MIQG!8"A)HY"1'(CXZ[6!K"\8QHVF1,R*6^T(,D<XYK2OM*M;R!D,2I)CY)4&
MUD/8@B@UY(\J;>Y>J*:XAMPOG2I'N.%W,!D^@K&T'6&FTV!;LM)=&1H0%&2Y
M7DG\NII-<N8;JT0!2)(+R)&5QRIR/Y@T#5)J?*S?HK/N]7M;3>S[VCC<)*Z#
M*QD],_G2C586FN8A%-YELNZ1=HZ>W//X4$<DK7L7Z*H+JMNUK!<A9/*GSM8@
M`#`)R>>!@$_A1'JMN]Q#"%E'GJ7A<K\L@`R<?ASS0')+L7Z*RH]?M9<;(KDK
MYOE,WE'"'_:/:K"ZG"6M]R2(MR<1.RX#'&1],CIF@'3DMT7:***"`HHHH`**
M**`,/Q3'+<6,4$$,LL@E5R$0D`#/?I5RZO9VA9;&UFDF(^4NFQ5/J2V/TJEX
MJ:2"QCG@FFBD,J(2DC`8.>V<5I&\LK1OL[W4:NHR5DERP'ODY[]Z#?[$=+[F
M#'HSZ4;"1[?[;'&KBX"J&(9L'<`>O3%3ZDB2V<8L].DB#7$;G;!M+`'DD`=O
M?FM9=4T]HUD%[;[&.T$R`9/I4K7MJC[&N858+NVF0`XZY^E`W4G=-K4YW6Q=
MWMGJ5O#9RHI*-&(X3^^Y!+$XZ\=.M7[^SGEU.VN;92JW$1@G)X*IU!^O4?B*
MTX[RWE+!)5RJ[F!X('KSV]ZAEU:QAADE>X3:B;SZD=B/6@%.6B2_IF?I=A/:
M1W44L(EAMC(MLA_Y:*WS8_D/SJNAN9;W2+J2VN`(O,$D:PE5BRF``,9Q[]*U
MX]7T^2!)1>0!6QP9!D$]L9Z^U/&IV)D9!=P[E&2-XZ4!SSNVXF786TTNE:I:
MF.2*2>28H70J"&Z'./\`Z]2:>(&6WC?1VCN8MH9G@`"D=6#]_P`.:TXKVUF@
M:>*XC:),[G##"X]?2D^WV@1W:XC18\;]YV[<],YH$YR=]"S152+4[&:5(H[N
M%I)`"JAADC&?Y4RVU>PNI9(X;J(O&Q7&\9;`R2/4>_L:#+DEV+U%5EO[1E9A
M.FU5#$Y['H:FCD25`\;!E/0B@336X^BBB@1S_C&6-=,B5G4-YZ'!/..>:EFF
M@?Q39E7C8_9WY!!ZD8_K6K+&S.&4Q`]/GCW'^8IGDS<?-!P<C]R?_BJ#932B
MEZ_B8#VRWL6MPP%3,EP)H@IY#!0<CZGC\:=J$[7^C+J)C=87>+>%'S"-3ECC
M_>S^`%;OERQ_-YENO;/E$?\`LU."7`&!+"`.PB/_`,505[75&-+_`&7>1S2-
MJ<DV;=D9E8'8A(R2%''..M5YGNUMKZRN6ANME@[1SQ##;>F&'OC/X5O")X_E
M#VR[^,>3C=_X]S1'%(F1');KGDA8B/Q^]0"J)?U_P#)O+JUE\-6ZB:)\?9P1
MN!Q\RY_3-37SQ'Q-I9W)_JY>X]!BM`02(``UNH!X_<XY/_`J1HW3&Z2V7L,Q
M8Z?\"H%SI?C^)RUVX^TZD4<^2E]#)-Y>"0@')QWYQ6E=-ISP7UU%?-=2FS=&
M.\%0N"0#@``YZ=^M;0BG'22$?]LC_P#%4T02(H4-;*I.<>3@9_[ZH*=5.W]?
MH8-P\*Z+X>;<@*SV_.1QQ\W_`->IK>2T,&M6MU<"(27$A//S;2B_,!Z8S6NR
M.%8M+;`+P<Q=/_'J<(92=P:WR1C/DGD>GWJ!>T5K?UN95E%/+<OI]^T5TBP!
MDN(Q@[<XVMVYQ^AK9MX$MH$ACSM4<9I((FBR#Y6T]DCV\_F:FH,YSY@HHHH,
MRI<69GN8IC,R^4044`8SGDGZCCVYJO-I4DDDKK>2JTASCD@?,#C&>G&/I110
M`-I+$-_I3L3_`'\L/O!AQGVQ4MMI[0S!WN9)5'0,3UQ@9YY[]OY444`$%@T)
M+&X9Y,,%9L\9"\]?]G/U/:HSIDK1(IO'4H@0&(%0,8P0,^Q_.BB@!K:5([-N
MNW"LN-J9`'`Z98XY&1Z9/K4[:?N6,><^8PX4Y/!8]>O89`HHH`@;2IB5"W\J
MJ,D\'))4#.<^N33O[,E",J7CC)R"06(&"-O)Z<T44`#:6QL8X1<$RHVXRLN2
MQV[<D9ZX]^HI6TR3S2Z7<B\'`Y/))]^F"!C_`&1S110!)96<UO+(\LYDW``#
4GT&2>?4$^V3UJ[110`4444`?_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>attachmentiitojointinsurx2x1.jpg
<TEXT>
begin 644 attachmentiitojointinsurx2x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``T`&H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#J(M1O9=7G
MT\1VX:&,/ORV#G';\:D;57M;V&UU"`1>>=L4R/N1CZ'@$&JMI_R.=_\`]>Z?
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MDV@;!T!`XR6SQZ5H:?%>0O<"Z=&C9]T(#ERHQR"2!WH)<+*]R[11109A1110
M!SUN(6UV94_M!+XQCS6/E8"\8]O3IS6K#IMO%<BY8-+<`8$LK%B![=A^&*S+
M;<?&&H;2`WV9,$C(!X[4P:CJAT:>_P#-M@T#ON3RCA@K8ZYX_6@ZI1E*UGT7
MXFC_`&/"EQ)+!-<6XE;=(D4F%8]SCL?IBFOHEO(\Y:68B>,1NN1C:!P.G&*C
MAU"Z.K26L[0)$8//B;8<D=\_-V/^144.IW<ER;>7@I$LCM#`S$%ONKCG'`YH
M)M4[ERWTB&WNXKD33O+'#Y.68?,N<C.!_*G/I-H\-Y$8\+>,6EP><X[?S^M4
M'UB>%;-;X?9!+O#S/&0,@X7CMD<\TV6?46U33HDO(-LJ2-E8RR-CH>&&<@CC
M/'O0'+.]V_Z1I7.FPW!MF#/$UJ<Q&,CY>,8P01TJN^A6SQ3Q&:X$<\OFNN\?
M>X]O84HFOVU26T\Z`*L"R*PB.<DD=-WM5+^TM2.D75V)+</:2.C#RSB3:?KQ
M0$5/H_Z9JW6G1W<<0EDE\V(Y29&"NI[\@8_2I;6U%N#^]EE=L;GD;)..GMW/
M2LP:N]S<O#")(Q'"CLR0F0[F&0..V*C&HZF\^EQM'%;M=B02(\9)1E!]^AZX
M_6@7).UG_74WJ*YF_P!1U".QU>!IHQ-9[")D0C<KCL,\'WJ]?:A-I\UM%>3Q
M(DI;=<+$0HQC"X).">>3Z4$^Q?\`7I<V**RUN-0\^U`$<L3#YY$&0W/4'MQS
M_C6I01*-C#AMVBUB;4&O[3=*@C,?88QWS[4R.S"Z/<:>VH6Q\XL?,]-Q)/&:
MOIJ8,5Q*87"QD%.,%U/`//N#^%1C6DR`;:8,5W;3CNVWU]1S^%!?M7_7D0W5
MI;W?V)I;R%9+?*N4<8=",%>O?C]:6YBQJ!O;#4;>*210DL<N&5\=#P0014IU
ME0WS0.J["Q'&X8+#GGI\O7W%2OJ:I:&X,+[-VT<CDXY[^V/<T![1D+,S*HEO
M;.X5E(DCD`"DYX(Z\=L'-5(]/CM5T\VM_;>9:!P=_P!U@YR>AXQVK2;4!%L,
M^V,/*ZC)Q\J@_F<C]:B_MA$R)(9`55B2<#.W.0.>O!XH!5&MAL?RZD]VU[:M
MNB$6T''0D@]?4U56R4:;>V9O[7_2G=R_]W=U&,U>BU42R(%@D*L0,C'!W8_$
M<@@CMS2/JC1&0O"Q4,X7&.0O4GGCH?RH#VC12CM&M)A<66I6JR-&L<RR#*/M
M&`WWL@XJ62`R7]E<OJ5NYM=YYP-Y88/?C';K4YUJ'<X6&9PCE25`[8S_`#%)
M)K"B18D3=+)P@'*YVY'(Z@].*`]JRG<V"7+ZD7O[8+?(JD`\IM''?GWJV9)9
M%43W=A,I4AXR,*>F#U/O^=2R:B4OI+?R]Q7`"@_,V=O/L,M^AJ,:W`8MYCD&
M06`XY`&3CGL.OH1B@'4;W+.EVJ6>G0V\4@D5`<,.AR<\>W-6ZBMY1/`DH!`8
M9`-2T&;=W=A1110(****`"BBB@`HHHH`****`"FLJNI5@&![$9HHH`=1110!
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>24
<FILENAME>attachmentiitojointinsurx3x1.jpg
<TEXT>
begin 644 attachmentiitojointinsurx3x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``T`&H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#J(M1O9=7G
MT\1VX:&,/ORV#G';\:D;57M;V&UU"`1>>=L4R/N1CZ'@$&JMI_R.=_\`]>Z?
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MDV@;!T!`XR6SQZ5H:?%>0O<"Z=&C9]T(#ERHQR"2!WH)<+*]R[11109A1110
M!SUN(6UV94_M!+XQCS6/E8"\8]O3IS6K#IMO%<BY8-+<`8$LK%B![=A^&*S+
M;<?&&H;2`WV9,$C(!X[4P:CJAT:>_P#-M@T#ON3RCA@K8ZYX_6@ZI1E*UGT7
MXFC_`&/"EQ)+!-<6XE;=(D4F%8]SCL?IBFOHEO(\Y:68B>,1NN1C:!P.G&*C
MAU"Z.K26L[0)$8//B;8<D=\_-V/^144.IW<ER;>7@I$LCM#`S$%ONKCG'`YH
M)M4[ERWTB&WNXKD33O+'#Y.68?,N<C.!_*G/I-H\-Y$8\+>,6EP><X[?S^M4
M'UB>%;-;X?9!+O#S/&0,@X7CMD<\TV6?46U33HDO(-LJ2-E8RR-CH>&&<@CC
M/'O0'+.]V_Z1I7.FPW!MF#/$UJ<Q&,CY>,8P01TJN^A6SQ3Q&:X$<\OFNN\?
M>X]O84HFOVU26T\Z`*L"R*PB.<DD=-WM5+^TM2.D75V)+</:2.C#RSB3:?KQ
M0$5/H_Z9JW6G1W<<0EDE\V(Y29&"NI[\@8_2I;6U%N#^]EE=L;GD;)..GMW/
M2LP:N]S<O#")(Q'"CLR0F0[F&0..V*C&HZF\^EQM'%;M=B02(\9)1E!]^AZX
M_6@7).UG_74WJ*YF_P!1U".QU>!IHQ-9[")D0C<KCL,\'WJ]?:A-I\UM%>3Q
M(DI;=<+$0HQC"X).">>3Z4$^Q?\`7I<V**RUN-0\^U`$<L3#YY$&0W/4'MQS
M_C6I01*-C#AMVBUB;4&O[3=*@C,?88QWS[4R.S"Z/<:>VH6Q\XL?,]-Q)/&:
MOIJ8,5Q*87"QD%.,%U/`//N#^%1C6DR`;:8,5W;3CNVWU]1S^%!?M7_7D0W5
MI;W?V)I;R%9+?*N4<8=",%>O?C]:6YBQJ!O;#4;>*210DL<N&5\=#P0014IU
ME0WS0.J["Q'&X8+#GGI\O7W%2OJ:I:&X,+[-VT<CDXY[^V/<T![1D+,S*HEO
M;.X5E(DCD`"DYX(Z\=L'-5(]/CM5T\VM_;>9:!P=_P!U@YR>AXQVK2;4!%L,
M^V,/*ZC)Q\J@_F<C]:B_MA$R)(9`55B2<#.W.0.>O!XH!5&MAL?RZD]VU[:M
MNB$6T''0D@]?4U56R4:;>V9O[7_2G=R_]W=U&,U>BU42R(%@D*L0,C'!W8_$
M<@@CMS2/JC1&0O"Q4,X7&.0O4GGCH?RH#VC12CM&M)A<66I6JR-&L<RR#*/M
M&`WWL@XJ62`R7]E<OJ5NYM=YYP-Y88/?C';K4YUJ'<X6&9PCE25`[8S_`#%)
M)K"B18D3=+)P@'*YVY'(Z@].*`]JRG<V"7+ZD7O[8+?(JD`\IM''?GWJV9)9
M%43W=A,I4AXR,*>F#U/O^=2R:B4OI+?R]Q7`"@_,V=O/L,M^AJ,:W`8MYCD&
M06`XY`&3CGL.OH1B@'4;W+.EVJ6>G0V\4@D5`<,.AR<\>W-6ZBMY1/`DH!`8
M9`-2T&;=W=A1110(****`"BBB@`HHHH`****`"FLJNI5@&![$9HHH`=1110!
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>25
<FILENAME>attachmentiitojointinsurx4x1.jpg
<TEXT>
begin 644 attachmentiitojointinsurx4x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``T`&H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#J(M1O9=7G
MT\1VX:&,/ORV#G';\:D;57M;V&UU"`1>>=L4R/N1CZ'@$&JMI_R.=_\`]>Z?
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MDV@;!T!`XR6SQZ5H:?%>0O<"Z=&C9]T(#ERHQR"2!WH)<+*]R[11109A1110
M!SUN(6UV94_M!+XQCS6/E8"\8]O3IS6K#IMO%<BY8-+<`8$LK%B![=A^&*S+
M;<?&&H;2`WV9,$C(!X[4P:CJAT:>_P#-M@T#ON3RCA@K8ZYX_6@ZI1E*UGT7
MXFC_`&/"EQ)+!-<6XE;=(D4F%8]SCL?IBFOHEO(\Y:68B>,1NN1C:!P.G&*C
MAU"Z.K26L[0)$8//B;8<D=\_-V/^144.IW<ER;>7@I$LCM#`S$%ONKCG'`YH
M)M4[ERWTB&WNXKD33O+'#Y.68?,N<C.!_*G/I-H\-Y$8\+>,6EP><X[?S^M4
M'UB>%;-;X?9!+O#S/&0,@X7CMD<\TV6?46U33HDO(-LJ2-E8RR-CH>&&<@CC
M/'O0'+.]V_Z1I7.FPW!MF#/$UJ<Q&,CY>,8P01TJN^A6SQ3Q&:X$<\OFNN\?
M>X]O84HFOVU26T\Z`*L"R*PB.<DD=-WM5+^TM2.D75V)+</:2.C#RSB3:?KQ
M0$5/H_Z9JW6G1W<<0EDE\V(Y29&"NI[\@8_2I;6U%N#^]EE=L;GD;)..GMW/
M2LP:N]S<O#")(Q'"CLR0F0[F&0..V*C&HZF\^EQM'%;M=B02(\9)1E!]^AZX
M_6@7).UG_74WJ*YF_P!1U".QU>!IHQ-9[")D0C<KCL,\'WJ]?:A-I\UM%>3Q
M(DI;=<+$0HQC"X).">>3Z4$^Q?\`7I<V**RUN-0\^U`$<L3#YY$&0W/4'MQS
M_C6I01*-C#AMVBUB;4&O[3=*@C,?88QWS[4R.S"Z/<:>VH6Q\XL?,]-Q)/&:
MOIJ8,5Q*87"QD%.,%U/`//N#^%1C6DR`;:8,5W;3CNVWU]1S^%!?M7_7D0W5
MI;W?V)I;R%9+?*N4<8=",%>O?C]:6YBQJ!O;#4;>*210DL<N&5\=#P0014IU
ME0WS0.J["Q'&X8+#GGI\O7W%2OJ:I:&X,+[-VT<CDXY[^V/<T![1D+,S*HEO
M;.X5E(DCD`"DYX(Z\=L'-5(]/CM5T\VM_;>9:!P=_P!U@YR>AXQVK2;4!%L,
M^V,/*ZC)Q\J@_F<C]:B_MA$R)(9`55B2<#.W.0.>O!XH!5&MAL?RZD]VU[:M
MNB$6T''0D@]?4U56R4:;>V9O[7_2G=R_]W=U&,U>BU42R(%@D*L0,C'!W8_$
M<@@CMS2/JC1&0O"Q4,X7&.0O4GGCH?RH#VC12CM&M)A<66I6JR-&L<RR#*/M
M&`WWL@XJ62`R7]E<OJ5NYM=YYP-Y88/?C';K4YUJ'<X6&9PCE25`[8S_`#%)
M)K"B18D3=+)P@'*YVY'(Z@].*`]JRG<V"7+ZD7O[8+?(JD`\IM''?GWJV9)9
M%43W=A,I4AXR,*>F#U/O^=2R:B4OI+?R]Q7`"@_,V=O/L,M^AJ,:W`8MYCD&
M06`XY`&3CGL.OH1B@'4;W+.EVJ6>G0V\4@D5`<,.AR<\>W-6ZBMY1/`DH!`8
M9`-2T&;=W=A1110(****`"BBB@`HHHH`****`"FLJNI5@&![$9HHH`=1110!
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>26
<FILENAME>scheduleatojointinsurancx1x1.jpg
<TEXT>
begin 644 scheduleatojointinsurancx1x1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"``V`'<#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#OG=(P"[*H
M)QDG%,$\+,%66,L>P89J+4T5]-N0ZAAY3'!&>QK-\/6=M<>'+19K>*0,ASN0
M'/)H-%%<O,S<ILCI$A>1U11U9C@"N>T^\_LG4=1L;B9C:6ZB6(L2Q13CY?4\
MD`5I7=W%)%+:RQ.CR0.ZK(!A@!ST)Y&10-TVGY%Z*1)HUDB=71AE64Y!%/K&
MTB\CM]$L(\-)*8`PBC&6('4XJ>+6[68VHC65A=9\IMO!QU&>V*!.G)-V1I45
M0358'2Z81R_Z*<2@J,C]?3FFS:S;0QM*RR&.-@DKJ`1$QQPW/N,XSB@7LY;6
M-&BLVXUFWM[N6V,5P\L:>852(G(]O\XIW]KP?9I+@1S&*(`R-L^YD`X(SG@'
MG'2@/9R[&A135970,I!5AD$=Q3J"`HHHH`****`*NI,1I\ZA'=GC955%+$D@
M^E9VB3/9Z+;026MR9T4@QB(CG)[GC]:T-33=I\[!G1DC9E*.5((!]#6?H=Y%
M#HMK/>W9\V<=9I22QR1P"?Y4&\?X?S*-SHU]<PWM]-$C7<TB,MON!`12/E)Z
M9./TJ_OMWAD>#298I?+9=QMMK#(Z#`YY].*O+JE@YD"WL!\L9?\`>#`%2?;[
M/RUD^UP;'.%;S!ACZ`T#<YO1HQ;)[F"WTR#[)*F(C'+,(270@<*,C@$]^E06
MEC=#PI;*MO(E[92F5$88)(<G'OD&NA%[;&41B9-Q8H.>"WIGIGVH:]M5D\MI
MT#;MF,_Q>GUH#VDNB\_S_P`S(BTRYBU?)^:"Z027)SP'4YP/8Y`QZ`U!K"W5
MU9:G;1VDL>&!C2*+B89!+EL<GCH.?K6M;:WIUT)#'=PC8Q!W.!D#J1ST]ZD_
MM2P_=_Z9#^\X3YQS0/GFI7<=44H2Y\2O<&"=8GMEC#&-L;MQ./RJ""".VGNH
M+W2WN#+.\B2K`)`ZL<@$]B/>MB&^M;B9H8;B-Y%&2JL"<>M"WMLT@C$R;CD#
MGKCK@]\4$<[[$L(VPH/+$>%`V#HOM3ZHG6--5=QOK?&[;G>,9_R11+JUC#>"
MUEN8DD*;_F<``<8&?4YX%!'))]"]14'VRW\[R?.7S-VW&>^,X^M.@N(;@,89
M%<*<':>E!-F2T444"*FJ2)'IMR7=5!B8#<<9.#7-)-`WA#3D9XR1-&""1Q\_
M/Z5UDZ;T_P"6?'.77<!^HJ(PS$8+0?\`?D__`!5!M3J**MYW,Z[\B3Q):JY0
MB2UD1AD?,"1Q_.JVEK<&VET[:WF:>7"N?XC@^7^A)_`5M>3-Q\T''3]R>/\`
MQZE59S\RS0G/<1'G_P`>H'[16L8&E/I\VG6=O)?RK+$R9MB5#"0'TQGK3HFD
ML[B+[-/#=V-S=X\IQ^\C8MDD?0C/-;;1R(QF:2W4@<N8L8'UW4"*19-P>W#D
MXSY/)[_WJ!NJKO\`K]#-T*X@BCOX9I8U<7<I*,P!QGT]*H7#1?\`"#VHW)_R
MRXR.NX9KHC!*6+%K<ENI\D\_^/4ACD"[C);[>N?*X^OWJ`]HN:_FF8NM.3K=
ML+9U$[6DRH589W%?E_6FZ:VG3V6GI)?2F:W9"+?(#+(O!R`,XZ_A6ZL<I`*2
M6Y'8B(__`!5'DRAF??;@D<MY)Y'_`'U0'M5RJ/\`7Y&#:-`^D^(>4P;B?N/[
MHQ^O2G:;<Q17VFRS3(J-I83<S``L"I(SZUMB*3@![?D9`\KL/^!4BQ.X#+);
M,`<@B+.#_P!]4`ZJ=_/_`",>,26MT@@FBO+&YNB#$R_O(G)))'J`0<YK:M+*
M&S\SRL_O#DY-*D$BR[R8,GJ5BP3^.:L4$3G<****#(KWEM]KA\EI&2-C\X4#
M+#TY[5!)IS2/`S74@\I54[21N(/)Z]_\***`(X=*D3RR][*Y3:<Y(S@Y.1GO
MW]^:2+29(U1?MDFU1@@9`QP..>,@?F<C%%%`$\EAYEP9&F;8=N$YP,%3Z_[/
MZFD>QED>0M<81Y-^%4@]A@G//`QVZT44`0_V5,`@%])E#G=SN/3&3GVQTZ$C
MWJ5=,58'A\Z0HY7(R>@;)`YXR...P%%%`$<VERR+)LO71G!&<$[02"`!GM@_
MG[4[^S'WL?M<I#!AAB3C.<$<]1FBB@`BTQ@ERL]RTIG#*&VXV!@`<?D#33I<
MC(`;ME;/)0%0!EN@SQU'K]T444`.2PN%NDD>[9D4DXY!/3`Z^QY[Y/`K1HHH
'`****`/_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
