<SEC-DOCUMENT>0001019056-14-001198.txt : 20140929
<SEC-HEADER>0001019056-14-001198.hdr.sgml : 20140929
<ACCEPTANCE-DATETIME>20140929123343
ACCESSION NUMBER:		0001019056-14-001198
CONFORMED SUBMISSION TYPE:	40-17G
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20140929
DATE AS OF CHANGE:		20140929
EFFECTIVENESS DATE:		20140929

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DAXOR CORP
		CENTRAL INDEX KEY:			0000027367
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				132682108
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-22684
		FILM NUMBER:		141126220

	BUSINESS ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		STREET 2:		SUITE 7120
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118
		BUSINESS PHONE:		2122440555

	MAIL ADDRESS:	
		STREET 1:		350 5TH AVENUE
		STREET 2:		SUITE 7120
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IDANT CORP
		DATE OF NAME CHANGE:	19730823
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17G
<SEQUENCE>1
<FILENAME>daxor40_17g.htm
<DESCRIPTION>FORM 40-17G
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<!-- Field: Rule-Page --><DIV STYLE="text-align: center; margin-top: 12pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt">UNITED STATES</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt">SECURITIES AND
EXCHANGE COMMISSION</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt">Washington,
DC 20549</FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>FORM 40-17G</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Fidelity
Bond filed pursuant to Rule 17g-1(g) (1) of the Investment Company Act of 1940)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Investment Company
Act File number 811-22684</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 24pt">DAXOR CORPORATION</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Exact name
of registrant as specified in charter)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">350 Fifth
Avenue</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Suite
7120</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">New York,
NY 10118</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Address of
principal executive offices) (Zip code)&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Joseph
Feldschuh, MD</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">350 Fifth
Avenue</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Suite
7120</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">New York,
NY 10118</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Name and address
of agent for service)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Registrant&rsquo;s
telephone number, including area code: 1-212-330-8500&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Date of fiscal year end: December
31, 2014</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">Daxor
Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">350 Fifth
Avenue, Suite 7120</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt">New York,
New York 10118</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0pt"><FONT STYLE="font-size: 10pt">September&nbsp;24,
2014</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">Securities and Exchange
Commission</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">100 F Street, N.E.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Washington, DC 20549</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 5%; padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Re:</FONT></TD>
    <TD STYLE="width: 95%; padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Daxor
    Corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Investment
    Company Act of 1940 &ndash; Rule 17g-1(g)</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Bonding
    of Officers and Employees</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Daxor
    Corporation File No.&nbsp;811-22684</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">To Whom It May Concern:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">Pursuant to Rule 17g-1(g)
under the Investment Company Act of 1940 (the &ldquo;1940 Act&rdquo;), enclosed herewith, please find a copy of the investment
company bond (the &ldquo;Bond&rdquo;) in favor of Daxor Corporation, a management investment company registered under the 1940
Act. The term of the Bond is from the period of May 16, 2014 through May 16, 2015.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">Please call me at (212)&nbsp;330-8504
should you have any questions.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">Very truly yours,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">/s/ David
Frankel</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt">David Frankel</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Principal Financial Officer</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Principal Accounting Officer</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Chief Compliance Officer</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"></P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>



<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>



<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">175 Berkeley
Street Boston, MA 02116</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Toll-free number:
1-800-677-9163</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: right"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border: rgb(153,153,153) 3pt solid">                                                                                                                                       <TR STYLE="vertical-align: top">
<TD COLSPAN="2" STYLE="text-align: center; padding-top: 2pt"><FONT STYLE="font-size: 10pt">FINANCIAL INSTITUTION BOND</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Standard Form No. 14. Revised to October, 1987</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">Bond
                                         No. FI4NAAZP5K001&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;<B>DECLARATIONS</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 10%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;<B>Item</B> <B>1.</B></FONT></TD><TD STYLE="width: 90%"><FONT STYLE="font-size: 10pt">Name
                                         of Insured (herein called Insured): Daxor Corporation</FONT></TD>
</TR>     <TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; padding-bottom: 2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 2pt"><P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
                                                                                                                                  <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Principal
                                         Address: 350 5th Avenue, Suite 7120</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">New York, NY 10118</FONT></P>
</TD></TR>
</TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 49.5pt"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 49.5pt"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Item</B> <B>2.</B></FONT></TD><TD STYLE="width: 90%"><FONT STYLE="font-size: 10pt">Bond
                                         Period: from 12:01 a.m. on May 16, 2014 to 12:01 a.m. on May 16, 2015</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: left; margin-bottom: 6pt; margin-left: 2.6in"><FONT STYLE="font-size: 10pt">(MONTH,
DAY, YEAR)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(MONTH, DAY, YEAR)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10%; text-align: left; border-top: Black 1pt solid; padding-top: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt"><B>Item
3.</B></FONT></TD><TD STYLE="width: 90%; border-top: Black 1pt solid; padding-top: 6pt; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">The
                  Aggregate Liability of the Underwriter during the Bond Period shall be $350,000</FONT></TD>
</TR></TABLE>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 10%; border-top: black 1pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>Item 4.</B></FONT></P></TD>
    <TD STYLE="width: 34%; border-top: black 1pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
        <P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Subject to Sections 4 and
        11 hereof,</FONT></P></TD>
    <TD STYLE="width: 56%; border-top: black 1pt solid; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">the Single Loss
    Limit of Liability is</FONT></TD>
    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$350,000</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">and the Single
    Loss Deductible is</FONT></TD>
    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">$10,000</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0"><FONT STYLE="font-size: 10pt">Provided, however, that if any amounts
are inserted below opposite specified Insuring Agreements or Coverage, those amounts shall be controlling. Any amount set forth
below shall be part of and not in addition to amounts set forth above. (If an Insuring Agreement or Coverage is to be deleted,
insert &ldquo;Not Covered.&rdquo;)&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Amount applicable to:</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Single Loss</FONT></TD><TD NOWRAP STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD NOWRAP STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Single Loss</FONT></TD><TD NOWRAP STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Limit
    of Liability</FONT></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Deductible</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">
    <TD STYLE="width: 74%; text-align: left"><FONT STYLE="font-size: 10pt">Basic Bond Coverage</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">350,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">10,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Insuring Agreement (D) &mdash; FORGERY OR ALTERATION</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">350,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">10,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Insuring Agreement (E) &mdash; SECURITIES</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">350,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">10,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Worldwide Counterfeit Currency</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">350,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">10,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">
    <TD STYLE="text-decoration: underline; text-align: left"><FONT STYLE="font-size: 10pt">Optional Insuring Agreement</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">Computer Systems Fraud</FONT></TD><TD STYLE="padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">350,000</FONT></TD><TD STYLE="text-align: left; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">10,000</FONT></TD><TD STYLE="text-align: left; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10%; text-align: left; border-top: Black 1pt solid; padding-top: 6pt"><FONT STYLE="font-size: 10pt"><B>Item
5.</B></FONT></TD><TD STYLE="width: 90%; border-top: Black 1pt solid; padding-top: 6pt"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">The
                  liability of the Underwriter is subject to the terms of the following riders attached hereto:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid; padding-bottom: 6pt">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-bottom: Black 1pt solid; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">Notice
                                         of Membership in Liberty Mutual Holding Company Inc. LMICNOTICE001-1009, U.S. Economic
                                         and Trade Endorsement OFAC 08/09, New York Statutory Rider/Endorsement SR 6180c, New
                                         York Insurer Notice LMICLE001-NY-0109, Amended RICO Exclusion FIB US LMIC 07 08 07FIB
                                         US LMIC 19 08 07, Computer Systems Fraud Insuring Agreement SR 6196, ERISA Rider SR 6145b,
                                         Loss Sustained Rider SR 6110f</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; color: Red"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 49.5pt; text-indent: -49.5pt"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10%; text-align: left; padding-top: 6pt"><FONT STYLE="font-size: 10pt"><B>Item</B> <B>6.</B></FONT></TD><TD STYLE="width: 90%; padding-top: 6pt"><FONT STYLE="font-size: 10pt">The
                                         Insured by the acceptance of this bond gives notice to the Underwriter terminating or
                                         canceling prior bond(s) or policy(ies) No.(s) N/A</FONT></TD>
</TR>     <TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 6pt"><FONT STYLE="font-size: 10pt">Such
                                         termination or cancellation to be effective as of the time this bond becomes effective.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 49.5pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0"><FONT STYLE="font-size: 10pt">In witness whereof, the Underwriter
has caused this bond to be executed on the Declarations page.&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 10pt 0 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; vertical-align: bottom; border-bottom: Black 1pt solid"><IMG SRC="daxor001_v1.jpg" ALT="(-s- David H. Long)"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><IMG SRC="daxor002_v1.jpg" ALT="(-s- Dexter R. Legg)">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 34%; text-align: center">PRESIDENT</TD>
    <TD NOWRAP STYLE="width: 33%">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 33%; text-align: center; border-top: Black 1pt solid">VICE PRESIDENT and SECRETARY</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="text-align: center">David H. Long</TD>
    <TD NOWRAP>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: center">Dexter R. Legg</TD></TR>
</TABLE>





<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">175 Berkeley
Street Boston, MA 02116</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Toll-free
number: 1-800-677-9163</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">The Company, in consideration
of an agreed premium, and in reliance upon all statements made and information furnished to the Company by the Insured in applying
for this policy, and subject to the Declarations, Insuring Agreements, General Agreements, Conditions and Limitations and other
terms hereof, agrees to indemnify the Insured for:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>INSURING
AGREEMENTS</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">FIDELITY</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(A)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss resulting directly from
dishonest or fraudulent acts committed by an Employee acting alone or in collusion with others.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">Such dishonest
or fraudulent acts must be committed by the Employee with the manifest intent:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">to cause the Insured to sustain
such loss; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">to obtain financial benefit
for the Employee and which, in fact, result in obtaining such benefit.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in"><FONT STYLE="font-size: 10pt">As used in this
Insuring Agreement, financial benefit does not include any employee benefits earned in the normal course of employment, including
salaries, commissions, fees, bonuses, promotions, awards, profit sharing or pensions.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; color: blue; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">ON PREMISES</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">(B)</FONT></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss
                                         of Property resulting directly from</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">robbery, burglary, misplacement,
mysterious unexplainable disappearance and damage thereto or destruction thereof, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">theft, false pretenses, common-law
or statutory larceny, committed by a person present in an office or on the premises of the Insured, while the Property is lodged
or deposited within offices or premises located anywhere.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss of or damage to</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">furnishings, fixtures, supplies
or equipment within an office of the Insured covered under this bond resulting directly from larceny or theft in, or by burglary
or robbery of, such office, or attempt thereat, or by vandalism or malicious mischief, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">such office resulting from
larceny or theft in, or by burglary or robbery of such office or attempt thereat, or to the interior of such office by vandalism
or malicious mischief.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0"><FONT STYLE="font-size: 10pt">provided that</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the Insured is the owner
of such furnishings, fixtures, supplies, equipment, or office or is liable for such loss or damage, and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">the
                                         loss is not caused by fire.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">IN TRANSIT</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(C)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss of Property resulting
directly from robbery, common-law or statutory larceny, theft, misplacement, mysterious unexplainable disappearance, being lost
or made away with, and damage thereto or destruction thereof, while the Property is in transit anywhere in the custody of</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a natural person acting as
a messenger of the Insured (or another natural person acting as messenger or custodian during an emergency arising from the incapacity
of the original messenger), or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a Transportation Company
and being transported in an armored motor vehicle, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a Transportation Company
and being transported in a conveyance other than an armored motor vehicle provided that covered Property transported in such manner
is limited to the following:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">records, whether recorded
in writing or electronically, and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Certified Securities issued
in registered form and not endorsed, or with restrictive endorsements, and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Negotiable Instruments not
payable to bearer, or not endorsed, or with restrictive endorsements.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">Coverage under this Insuring
Agreement begins immediately upon the receipt of such Property by the natural person or Transportation Company and ends immediately
upon delivery to the designated recipient or its agent.</FONT></P>

<!-- Field: Page; Sequence: 4; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">FORGERY
OR ALTERATION</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(D)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss resulting directly from</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Forgery or alteration
of, on or in any Negotiable Instrument (except an Evidence of Debt), Acceptance, Withdrawal Order, receipt for the withdrawal
of Property, Certificate of Deposit or Letter of Credit.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">transferring, paying
or delivering any funds or Property or establishing any credit or giving any value on the faith of any written instructions or
advices directed to the Insured and authorizing or acknowledging the transfer, payment, delivery or receipt of funds or Property,
which instructions or advices purport to have been signed or endorsed by any customer of the Insured or by any financial institution
but which instructions or advices either bear a signature which is a Forgery or have been altered without the knowledge and consent
of such customer or financial institution.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt">A mechanically reproduced
facsimile signature is treated the same as a handwritten signature.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">SECURITIES</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(E)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss resulting directly from
the insured having, in good faith, for its own account or for the account of others</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">acquired, sold or delivered,
or given value, extended credit or assumed liability, on the faith of, any original</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Certificated Security,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">deed, mortgage or other
instrument conveying title to, or creating or discharging a lien upon, real property,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Evidence of Debt,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Instruction to a Federal
Reserve Bank of the United States, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Statement of Uncertificated
Security of any Federal Reserve Bank of the United States which</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">bears a signature of
any maker, drawer, issuer, endorser, assignor, lessee, transfer agent, registrar, acceptor, surety, guarantor, or of any person
signing in any other capacity which is a Forgery, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">is altered, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">is lost or stolen;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">guaranteed in writing
or witnessed any signature upon any transfer, assignment, bill of sale, power of attorney, Guarantee, or any items listed in (a)
through (c) above.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">acquired, sold or delivered,
or given value, extended credit or assumed liability, on the faith of any item listed in (a) and (b) above which is a Counterfeit.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt">A mechanically reproduced
facsimile signature is treated the same as a handwritten signature.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">COUNTERFEIT
CURRENCY</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(F)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss resulting directly from
the receipt by the Insured, in good faith, of any Counterfeit Money of the United States of America, Canada or of any other country
in which the Insured maintains a branch office.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>GENERAL
AGREEMENTS</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">NOMINEES</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">A.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Loss sustained by any nominee
organized by the Insured for the purpose of handling certain of its business transactions and composed exclusively of its Employees
shall, for all the purposes of this bond and whether or not any partner of such nominee is implicated in such loss, be deemed
to be loss sustained by the Insured.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">ADDITIONAL OFFICES
OR EMPLOYEES&mdash;CONSOLIDATION, MERGER OR PURCHASE OF ASSETS&mdash;NOTICE</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If the Insured shall, while
this bond is in force, establish any additional offices, other than by consolidation or merger with, or purchase or acquisition
of assets or liabilities of, another institution such offices shall be automatically covered hereunder from the date of such establishment
without the requirement of notice to the Underwriter or the payment of additional premium for the remainder of the premium period.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">If the Insured shall,
while this bond is in force, consolidate or merge with, or purchase or acquire assets or liabilities of, another institution,
the Insured shall not have such coverage as is afforded under this bond for loss which</FONT></P>

<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">has occurred or will
occur in offices or premises, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">has been caused or will
be caused by an employee or employees of such institution, or</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">has arisen or will arise
out of the assets or liabilities acquired by the Insured as a result of such consolidation, merger or purchase or acquisition
of assets or liabilities unless the Insured shall</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">give the Underwriter
written notice of the proposed consolidation, merger or purchase or acquisition of assets or liabilities prior to the proposed
effective date of such action and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">obtain the written consent
of the Underwriter to extend the coverage provided by this bond to such additional offices or premises, Employees and other exposures,
and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">upon obtaining such
consent, pay to the Underwriter an additional premium.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">CHANGE
OF CONTROL&mdash;NOTICE</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">C.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">When
                                         the Insured learns of a change in control, it shall give written notice to the Underwriter.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">As used in this
General Agreement, control means the power to determine the management or policy of a controlling holding company or the Insured
by virtue of voting stock ownership. A change in ownership of voting stock which results in direct or indirect ownership by a
stockholder or an affiliated group of stockholders of ten percent (10%) or more of such stock shall be presumed to result in a
change of control for the purpose of the required notice.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">Failure to give
the required notice shall result in termination of coverage for any loss involving a transferee, to be effective upon the date
of the stock transfer.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">REPRESENTATION
OF INSURED</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">D.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Insured represents that
the information furnished in the application for this bond is complete, true and correct. Such application constitutes part of
this bond.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">Any misrepresentation,
omission, concealment or incorrect statement of a material fact, in the application or other- wise, shall be grounds for the rescission
of this bond.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">JOINT
INSURED</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">E.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If two or more Insureds are
covered under this bond, the first named Insured shall act for all Insureds. Payment by the Underwriter to the first named Insured
of loss sustained by any Insured shall fully release the Underwriter on account of such loss. If the first named Insured ceases
to be covered under this bond, the Insured next named shall thereafter be considered as the first named Insured. Knowledge possessed
or discovery made by any Insured shall constitute knowledge or discovery by all Insureds for all purposes of this bond. The liability
of the Underwriter for loss or losses sustained by all Insureds shall not exceed the amount for which the Underwriter would have
been liable had all such loss or losses been sustained by one Insured.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">NOTICE
OF LEGAL PROCEEDINGS AGAINST INSURED&mdash;ELECTION TO DEFEND</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">F.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">The
                                         Insured shall notify the Underwriter at the earliest practicable moment, not to exceed
                                         30 days after notice thereof, of any legal proceeding brought to determine the Insured&rsquo;s
                                         liability for any loss, claim or damage, which, if established, would constitute a collectible
                                         loss under this bond. Concurrently, the Insured shall furnish copies of all pleadings
                                         and pertinent papers to the Underwriter.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">The Underwriter,
at its sole option, may elect to conduct the defense of such legal proceeding, in whole or in part. The defense by the Underwriter
shall be in the Insured&rsquo;s name through attorneys selected by the Underwriter. The Insured shall provide all reasonable information
and assistance required by the Underwriter for such defense.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">If the Underwriter elects
to defend the Insured, in whole or in part, any judgment against the Insured on those counts or causes of action which the Underwriter
defended on behalf of the Insured or any settlement in which the Underwriter participates and all attorneys&rsquo; fees, costs
and expenses incurred by the Underwriter in the defense of the litigation shall be a loss covered by this bond.</FONT></P>

<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">If the Insured
does not give the notices required in subsection (a) of Section 5 of this bond and in the first paragraph of this General Agreement,
or if the Underwriter elects not to defend any causes of action, neither a judgment against the Insured, nor a settlement of any
legal proceeding by the Insured, shall determine the existence, extent or amount of coverage under this bond for loss sustained
by the Insured, and the Underwriter shall not be liable for any attorneys&rsquo; fees, costs and expenses incurred by the Insured.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">With respect to
this General Agreement, subsections (b) and (d) of Section 5 of this bond apply upon the entry of such judgment or the occurrence
of such settlement instead of upon discovery of loss. In addition, the Insured must notify the Underwriter within 30 days after
such judgment is entered against it or after the Insured settles such legal proceeding, and, subject to subsection (e) of Section
5, the Insured may not bring legal proceedings for the recovery of such loss after the expiration of 24 months from the date of
such final judgment or settlement.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>CONDITIONS
AND LIMITATIONS</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">DEFINITIONS</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 1. As used in this
bond:</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Acceptance means a draft
which the drawee has, by signature written thereon, engaged to honor as presented.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Certificate of Deposit
means an acknowledgment in writing by a financial institution of receipt of Money with an engagement to repay it.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Certificated Security
means a share, participation or other interest in property of or an enterprise of the issuer or an obligation of the issuer, which
is:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">represented by an instrument
issued in bearer or registered form;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">of a type commonly dealt
in on securities exchanges or markets or commonly recognized in any area in which it is issued or dealt in as a medium for investment;
and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">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></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Counterfeit means an
imitation of an actual valid original which is intended to deceive and to be taken as the original.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Employee means</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a natural person in the
service of the Insured at any of the Insured&rsquo;s offices or premises covered hereunder whom the Insured compensates directly
by salary or commissions and whom the Insured has the right to direct and control while performing services for the Insured;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">an attorney retained
by the Insured and an employee of such attorney while either is performing legal services for the Insured;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a person provided by
an employment contractor to perform employee duties for the Insured under the Insured&rsquo;s supervision at any of the Insured&rsquo;s
offices or premises covered hereunder, and a guest student pursuing studies or duties in any of said offices or premises;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(4)</FONT></TD><TD><FONT STYLE="font-size: 10pt">an employee of an institution
merged or consolidated with the Insured prior to the effective date of this bond;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(5)</FONT></TD><TD><FONT STYLE="font-size: 10pt">each natural person,
partnership or corporation authorized by the Insured to perform services as data processor of checks or other accounting records
of the Insured (not including preparation or modification of computer software or programs), herein called Processor. (Each such
Processor, and the partners, officers and employees of such Processor shall, collectively, be deemed to be one Employee for all
the purposes of this bond, excepting, however, the second paragraph of Section 12. A Federal Reserve Bank or clearing house shall
not be construed to be a processor.); and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(6)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a Partner of the Insured,
unless not covered as stated in Item 4 of the Declarations.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Evidence of Debt means
an instrument, including a Negotiable Instrument, executed by a customer of the Insured and held by the Insured which in the regular
course of business is treated as evidencing the customer&rsquo;s debt to the Insured.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(g)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Financial Interest in
the Insured of the Insured&rsquo;s general partner(s), or limited partner(s), committing dishonest or fraudulent acts covered
by this bond or concerned or implicated therein means:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">as respects general partner(s)
the value of all right, title and interest of such general partner(s), determined as of the close of business on the date of discovery
of loss covered by this bond, in the aggregate of:</FONT></TD>
</TR></TABLE>

<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 10pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the &ldquo;net worth&rdquo;
of the Insured, which for the purposes of this bond, shall be deemed to be the excess of its total assets over its total liabilities,
without adjustment to give effect to loss covered by this bond, (except that credit balances and equities in proprietary accounts
of the Insured, which shall include capital accounts of partners, investment and trading accounts of the Insured, participations
of the Insured in joint accounts, and accounts of partners which are covered by agreements providing for the inclusion of equities
therein as partnership property, shall not be considered as liabilities) with securities, spot commodities, commodity future contracts
in such proprietary accounts and all other assets marked to market or fair value and with adjustment for profits and losses at
the market of contractual commitments for such proprietary accounts of the Insured; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the value of all other
Money, securities and property belonging to such general partner(s), or in which such general partner(s) have a pecuniary interest,
held by or in the custody of and legally available to the Insured as set-off against loss covered by this bond;</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.75in"><FONT STYLE="font-size: 10pt">provided, however,
that if such &ldquo;net worth&rdquo; adjusted to give effect to loss covered by this bond and such value of all other Money, securities
and property as set forth in (g)(1)(b) preceding, plus the amount of coverage afforded by this bond on account of such loss, is
not sufficient to enable the Insured to meet its obligations, including its obligations to its partners other than to such general
partner(s), then the Financial Interest in the Insured, as above defined, of such general partner(s) shall be reduced in an amount
necessary, or eliminated if need be, in order to enable the Insured upon payment of loss under this bond to meet such obligations,
to the extent that such payment will enable the Insured to meet such obligations, without any benefit accruing to such general
partner(s) from such payment; and</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">as respects limited partners
the value of such limited partner&rsquo;s(&rsquo;) investment in the Insured.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(h)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Forgery means the signing
of the name of another person or organization with intent to deceive; it does not mean a signature which consists in whole or
in part of one&rsquo;s own name signed with or without authority, in any capacity, for any purpose.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Guarantee means a written
undertaking obligating the signer to pay the debt of another to the Insured or its assignee or to a financial institution from
which the Insured has purchased participation in the debt, if the debt is not paid in accordance with its terms.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(j)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Instruction means a
written order to the issuer of an Uncertificated Security requesting that the transfer, pledge, or release from pledge of the
Uncertificated Security specified be registered.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(k)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Letter of Credit means
an engagement in writing by a bank or other person made at the request of a customer that the bank or other person will honor
drafts or other demands for payment upon compliance with the conditions specified in the Letter of Credit.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(l)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Money means a medium
of exchange in current use authorized or adopted by a domestic or foreign government as a part of its currency.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(m)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Negotiable Instrument
means any writing</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">signed by the maker or
drawer; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">containing any unconditional
promise or order to pay a sum certain in Money and no other promise, order, obligation or power given by the maker or drawer;
and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">is payable on demand
or at a definite time; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(4)</FONT></TD><TD><FONT STYLE="font-size: 10pt">is payable to order or
bearer.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(n)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Partner means a natural
person who</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">is a general partner
of the Insured, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">is a limited partner
and an Employee (as defined in Section 1(e) (1) of the bond) of the Insured.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(o)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Property means Money,
Certificated Securities, Uncertificated Securities of any Federal Reserve Bank of the United States, Negotiable Instruments, Certificates
of Deposit, documents of title, Acceptances, Evidences of Debt, security agreements, Withdrawal Orders, certificates of origin
or title, Letters of Credit, insurance policies, abstracts of title, deeds and mortgages on real estate, revenue and other stamps,
tokens, unsold state lottery tickets, books of account and other records whether recorded in writing or electronically, gems,
jewelry, precious metals of all kinds and in any form, and tangible items of personal property which are not herein be- fore enumerated.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(p)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Statement of Uncertificated
Security means a written statement of the issuer of an Uncertificated Security containing:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a description of the
Issue of which the Uncertificated Security is a part;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the number of shares
or units:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">transferred to the registered
owner;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">pledged by the registered
owner to the registered pledgee;</FONT></TD>
</TR></TABLE>
<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 10pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">released from pledge
by the registered pledgee;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">registered in the name
of the registered owner on the date of the statement; or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD><FONT STYLE="font-size: 10pt">subject to pledge on
the date of the statement;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the name and address
of the registered owner and registered pledgee;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(4)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a notation of any liens
and restrictions of the issuer and any adverse claims to which the Uncertificated Security is or may be subject or a statement
that there are none of those liens, restrictions or adverse claims; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(5)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the date:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the transfer of the
shares or units to the new registered owner of the shares or units was registered;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the pledge of the registered
pledgee was registered, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">of the statement, if
it is a periodic or annual statement.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(q)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Transportation Company
means any organization which provides its own or leased vehicles for transportation or which provides freight forwarding or air
express services.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(r)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Uncertificated Security
means a share, participation or other interest in property of or an enterprise of the issuer or an obligation of the issuer, which
is:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">not represented by an
instrument and the transfer of which is registered upon books maintained for that purpose by or on behalf of the issuer;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">of a type commonly dealt
in on securities exchanges or markets; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">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></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(s)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Withdrawal Order means
a non-negotiable instrument, other than an Instruction, signed by a customer of the Insured authorizing the Insured to debit the
customer&rsquo;s account in the amount of funds stated therein.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">EXCLUSIONS</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 2. This bond does
not cover:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from forgery or alteration, except when covered under Insuring Agreements (A), (D), or (E);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss due to riot or
civil commotion outside the United States of America and Canada; or loss due to military, naval or usurped power, war or insurrection
unless such loss occurs in transit in the circumstances recited in Insuring Agreement (C), and unless, when such transit was initiated,
there was no knowledge of such riot, civil commotion, military, naval or usurped power, war or insurrection on the part of any
person acting for the Insured in initiating such transit;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the effects of nuclear fission or fusion or radioactivity; provided, however, that this paragraph shall not
apply to loss resulting from industrial uses of nuclear energy;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting from
any act or acts of any person who is a member of the Board of Directors of the Insured or a member of any equivalent body by whatsoever
name known unless such person is also an Employee or an elected official of the Insured in some other capacity, nor, in any event,
loss resulting from the act or acts of any person while acting in the capacity of a member of such Board or equivalent body;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the complete or partial nonpayment of, or default upon, any loan or transaction involving the Insured as a
lender or borrower, or extension of credit, including the purchase, discounting or other acquisition of false or genuine accounts,
invoices, notes, agreements or Evidences of Debt, whether such loan, transaction or extension was procured in good faith or through
trick, artifice, fraud or false pretenses, except when covered under Insuring Agreements (A), (D) or (E);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting from
any violation by the Insured or by any Employee</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">of law regulating (i)
the issuance, purchase or sale of securities, (ii) securities transactions upon security exchanges or over the counter market,
(iii) investment companies, or (iv) investment advisers,</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in"><FONT STYLE="font-size: 10pt">or</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">of any rule or regulation
made pursuant to any such law,</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">unless it is established by
the Insured that the act or acts which caused the said loss involved fraudulent or dishonest conduct which would have caused a
loss to the Insured in a similar amount in the absence of such laws, rules or regulations;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(g)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the failure of a financial or depository institution, or its receiver or liquidator, to pay or deliver, on
demand of the Insured, funds or Property of the Insured held by it in any capacity, except when covered under Insuring Agreements
(A) or (B)(1)(a);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(h)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss caused by an Employee,
except when covered under Insuring Agreement (A) or when covered under Insuring Agreement (B) or (C) and resulting directly from
misplacement, mysterious unexplainable disappearance or destruction of or damage to Property;</FONT></TD>
</TR></TABLE>
<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 10pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from transactions in a customer&rsquo;s account, whether authorized or unauthorized, except the unlawful withdrawal
and conversion of Money, securities or precious metals, directly from a customer&rsquo;s account by an Employee provided such
unlawful withdrawal and conversion is covered under Insuring Agreement (A);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(j)</FONT></TD><TD><FONT STYLE="font-size: 10pt">damages resulting from
any civil, criminal or other legal proceeding in which the Insured is alleged to have engaged in racketeering activity except
when the Insured establishes that the act or acts giving rise to such damages were committed by an Employee under circumstances
which result directly in a loss to the Insured covered by Insuring Agreement (A). For the purposes of this exclusion, &ldquo;racketeering
activity&rdquo; is defined in 18 United States Code 1961 et seq., as amended;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(k)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the use or purported use of credit, debit, charge, access, convenience, identification, cash management or
other cards</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">in obtaining credit or
funds, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">in gaining access to
automated mechanical devices which, on behalf of the Insured, disburse Money, accept deposits, cash checks, drafts or similar
written instruments or make credit card loans, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">in gaining access to
point of sale terminals, customer-bank communication terminals, or similar electronic terminals of electronic funds transfer systems</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">whether such cards were issued,
or purport to have been issued, by the Insured or by anyone other than the</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Insured, except when covered
under Insuring Agreement (A);</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(l)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss involving automated
mechanical devices which, on behalf of the Insured, disburse Money, accept deposits, cash checks, drafts or similar written instruments
or make credit card loans, except when covered under Insuring Agreement (A);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(m)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss through the surrender
of Property away from an office of the Insured as a result of a threat</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">to do bodily harm to
any person, except loss of Property in transit in the custody of any person acting as messenger provided that when such transit
was initiated there was no knowledge by the Insured of any such threat, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">to do damage to the premises
or property of the Insured,</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">except when covered under
Insuring Agreement (A);</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(n)</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">loss
                                         resulting directly or indirectly from payments made or withdrawals from a depositor&rsquo;s
                                         or customer&rsquo;s account involving erroneous credits to such account, unless such
                                         payments or withdrawals are physically received by such depositor or customer or representative
                                         of such depositor or customer who is within the office of the Insured at the time of
                                         such payment or withdrawal, or except when covered under Insuring Agreement (A);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(o)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss involving items
of deposit which are not finally paid for any reason, including but not limited to Forgery or any other fraud, except when covered
under Insuring Agreement (A);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(p)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from counterfeiting, except when covered under Insuring Agreements (A), (E) or (F);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(q)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss of any tangible
item of personal property which is not specifically enumerated in the paragraph defining Property if such property is specifically
insured by other insurance of any kind and in any amount obtained by the Insured, and in any event, loss of such property occurring
more than 60 days after the Insured takes possession of such property, except when covered under Insuring Agreements (A) or (B)(2);</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(r)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss of Property while</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">in the mail, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">in the custody of any
Transportation Company, unless covered under Insuring Agreement (C),</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">except when covered under
Insuring Agreement (A);</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(s)</FONT></TD><TD><FONT STYLE="font-size: 10pt">potential income, including
but not limited to interest and dividends, not realized by the Insured or by any customer of the Insured;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(t)</FONT></TD><TD><FONT STYLE="font-size: 10pt">damages of any type
for which the Insured is legally liable, except compensatory damages, but not multiples thereof, arising directly from a loss
covered under this bond;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(u)</FONT></TD><TD><FONT STYLE="font-size: 10pt">all fees, costs and
expenses incurred by the Insured</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">in establishing the existence
of or amount of loss covered under this bond, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">as a party to any legal
proceeding whether or not such legal proceeding exposes the Insured to loss covered by this bond;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(v)</FONT></TD><TD><FONT STYLE="font-size: 10pt">indirect or consequential
loss of any nature;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(w)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss involving any Uncertificated
Security except an Uncertificated Security of any Federal Reserve Bank of the United States or when covered under Insuring Agreement
(A);</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 10pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(x)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from any dishonest or fraudulent act or acts committed by any non- Employee who is a securities, commodities, money,
mortgage, real estate, loan, insurance, property management, investment banking broker, agent or other representative of the same
general character;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(y)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss caused directly
or indirectly by a Partner of the Insured unless the amount of such loss exceeds the Financial Interest in the Insured of such
Partner and the Deductible Amount applicable to this bond, and then for the excess only;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(z)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from any actual or alleged representation, advice, warranty or guarantee as to the performance of any investments;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(aa)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss due to liability
imposed upon the Insured as a result of the unlawful disclosure of non-public material information by the Insured or any Employee,
or as a result of any Employee acting upon such information, whether authorized or unauthorized.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">DISCOVERY</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 3. This bond applies
to loss discovered by the Insured during the Bond Period. Discovery occurs when the Insured first becomes aware of facts which
would cause a reasonable person to assume that a loss of a type covered by this bond has been or will be incurred, regardless
of when the act or acts causing or contributing to such loss occurred, even though the exact amount or details of loss may not
then be known.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Discovery also occurs when
the Insured receives notice of an actual or potential claim in which it is alleged that the</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Insured is liable to a third
party under circumstances which, if true, would constitute a loss under this bond.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">LIMIT
OF LIABILITY</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt">Section 4.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Aggregate
Limit of Liability</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">The Underwriter&rsquo;s total
liability for all losses discovered during the Bond Period shown in Item 2 of the Declarations shall not exceed the Aggregate
Limit of Liability shown in Item 3 of the Declarations. The Aggregate Limit of Liability shall be reduced by the amount of any
payment made under the terms of this bond.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Upon exhaustion of the Aggregate
Limit of Liability by such payments:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Underwriter shall
have no further liability for loss or losses regardless of when discovered and whether or not previously reported to the Underwriter,
and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Underwriter shall
have no obligation under General Agreement F to continue the defense of the Insured, and upon notice by the Underwriter to the
Insured that the Aggregate Limit of Liability has been exhausted; the Insured shall assume all responsibility for its defense
at its own cost.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">The Aggregate Limit of Liability
shall not be increased or reinstated by any recovery made and applied in accordance with subsections (a), (b) and (c) of Section
7. In the event that a loss of Property is settled by the Underwriter through the use of a lost instrument bond, such loss shall
not reduce the Aggregate Limit of Liability.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Single
Loss Limit of Liability</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Subject to the Aggregate Limit
of Liability, the Underwriter&rsquo;s liability for each Single Loss shall not exceed the applicable Single Loss Limit of Liability
shown in Item 4 of the Declarations. If a Single Loss is covered under more than one Insuring Agreement or Coverage, the maximum
payable shall not exceed the largest applicable Single Loss Limit of Liability.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Single
Loss Defined</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Single Loss means all covered
loss, including court costs and attorneys&rsquo; fees incurred by the Underwriter under General</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Agreement F, resulting from</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">any one act or series
of related acts of burglary, robbery or attempt thereat, in which no Employee is implicated, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">any one act or series
of related unintentional or negligent acts or omissions on the part of any person (whether an Employee or not) resulting in damage
to or destruction or misplacement of Property, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">all acts or omissions
other than those specified in (a) and (b) preceding, caused by any person (whether an Employee or not) or in which such person
is implicated, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">any one casualty or
event not specified in (a), (b) or (c) preceding.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 11; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">NOTICE/PROOF&mdash;LEGAL
PROCEEDINGS AGAINST UNDERWRITER</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 5.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">At the earliest practicable
moment, not to exceed 30 days, after discovery of loss, the Insured shall give the Underwriter notice thereof.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Within 6 months after
such discovery, the Insured shall furnish to the Underwriter proof of loss, duly sworn to, with full particulars.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Lost Certificated Securities
listed in a proof of loss shall be identified by certificate or bond numbers if such securities were issued therewith.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Legal proceedings for
the recovery of any loss hereunder shall not be brought prior to the expiration of 60 days after the original proof of loss is
filed with the Underwriter or after the expiration of 24 months from the discovery of such loss.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD><FONT STYLE="font-size: 10pt">If any limitation embodied
in this bond is prohibited by any law controlling the construction hereof, such limitation shall be deemed to be amended so as
to equal the minimum period of limitation provided by such law.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD><FONT STYLE="font-size: 10pt">This bond affords coverage
only in favor of the Insured. No suit, action or legal proceedings shall be brought hereunder by any one other than the named
Insured.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">VALUATION</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 6. Any loss of Money,
or loss payable in Money, shall be paid, at the option of the Insured, in the Money of the country in which the loss was sustained
or in the United States of America dollar equivalent thereof determined at the rate of exchange at the time of payment of such
loss.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Securities</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">The Underwriter shall settle
in kind its liability under this bond on account of a loss of any securities or, a t the option of the Insured, shall pay to the
Insured the cost of replacing such securities, determined by the market value thereof at the time of such settlement. However,
if prior to such settlement the Insured shall be compelled by the demands of a third party or by market rules to purchase equivalent
securities, and gives written notification of this to the Underwriter, the cost incurred by the Insured shall be taken as the
value of those securities. In case of a loss of subscription, conversion or redemption privileges through the misplacement or
loss of securities, the amount of such loss shall be the value of such privileges immediately preceding the expiration thereof.
If such securities cannot be replaced or have no quoted market value, or if such privileges have no quoted market value, their
value shall be determined by agreement or arbitration.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">If the applicable coverage of this
bond is subject to a Deductible Amount and/or is not sufficient in amount to indemnify the Insured in full for the loss of securities
for which claim is made hereunder, the liability of the Underwriter under this bond is limited to the payment for, or the duplication
of, so much of such securities as has a value equal to the amount of such applicable coverage.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Books
of Account and Other Records</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">In case of loss of, or damage
to, any books of account or other records used by the Insured in its business, the Underwriter shall be liable under this bond
only if such books or records are actually reproduced and then for not more than the cost of the blank books, blank pages or other
materials plus the cost of labor for the actual transcription or copying of data which shall have been furnished by the Insured
in order to reproduce such books and other records.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Property
other than Money, Securities or Records</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">In case of loss of, or damage
to, any Property other than Money, securities, books of account or other records, or damage covered under Insuring Agreement
(B)(2), the Underwriter shall not be liable for more than the actual cash value of such Property, or of items covered under
Insuring Agreement (B)(2). The Underwriter may, at its election, pay the actual cash value of, replace or repair such
property. Disagreement between the Underwriter and the Insured as to the cash value or as to the adequacy of repair or
replacement shall be resolved by arbitration.</FONT></P>


<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Set-Off</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Any loss covered under this
bond shall be reduced by a set-off consisting of any amount owed to the Employee causing the loss if such loss is covered under
Insuring Agreement (A)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">ASSIGNMENT&mdash; SUBROGATION&mdash;
RECOVERY&mdash; COOPERATION</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 7.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">In the event of payment
under this bond, the Insured shall deliver, if so requested by the Underwriter, an assignment of such of the Insured&rsquo;s rights,
title and interest and causes of action as it has against any person or entity to the extent of the loss payment.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">In the event of payment
under this bond, the Underwriter shall be subrogated to all of the Insured&rsquo;s rights of recovery therefore against any person
or entity to the extent of such payment.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Recoveries, whether
effected by the Underwriter or by the Insured, shall be applied net of the expense of such recovery first to the satisfaction
of the Insured&rsquo;s loss which would otherwise have been paid but for the fact that it is in excess of either the Single or
Aggregate Limit of Liability, secondly, to the Underwriter as reimbursement of amounts paid in settlement of the Insured&rsquo;s
claim, and thirdly, to the Insured in satisfaction of any Deductible Amount. Recovery on account of loss of securities as set
forth in the second paragraph of Section 6 or recovery from reinsurance and/or indemnity of the Underwriter shall not be deemed
a recovery as used herein.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Upon the Underwriter&rsquo;s
request and at reasonable times and places designated by the Underwriter the Insured shall</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">submit to examination
by the Underwriter and subscribe to the same under oath; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">produce for the Underwriter&rsquo;s
examination all pertinent re- cords; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">cooperate with the Underwriter
in all matters pertaining to the loss.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Insured shall execute
all papers and render assistance to secure to the Underwriter the rights and causes of action provided for herein. The Insured
shall do nothing after discovery of loss to prejudice such rights or causes of action.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">LIMIT
OF LIABILITY UNDER THIS BOND AND PRIOR INSURANCE</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 8. With respect to any
loss set forth in sub-section (c) of Section 4 of this bond which is recoverable or recovered in whole or in part under any
other bonds or policies issued by the Underwriter to the Insured or to any predecessor in interest of the Insured and
terminated or canceled or allowed to expire and in which the period for discovery has not expired at the time any such loss
thereunder is discovered, the total liability of the Underwriter under this bond and under such other bonds or policies shall
not exceed, in the aggregate, the amount carried hereunder on such loss or the amount available to the Insured under such
other bonds or policies, as limited by the terms and conditions thereof, for any such loss if the latter amount be the
larger.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">If the
coverage of this bond supersedes in whole or in part the coverage of any other bond or policy of insurance issued by an
Insurer other than the Underwriter and terminated, canceled or allowed to expire, the Underwriter, with respect to any loss
sustained prior to such termination, cancellation or expiration and discovered within the period permitted under such other
bond or policy for the discovery of loss thereunder, shall be liable under this bond only for that part of such loss covered
by this bond as is in excess of the amount recoverable or recovered on account of such loss under such other bond or policy,
anything to the contrary in such other bond or policy notwithstanding.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">OTHER
INSURANCE OR INDEMNITY</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 9. Coverage afforded
hereunder shall apply only as excess over any valid and collectible insurance or indemnity obtained by the Insured, or by one
other than the Insured on Property subject to exclusion (q) or by a Transportation Company, or by another entity on whose premises
the loss occurred or which employed the person causing the loss or the messenger conveying the Property involved.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">OWNERSHIP</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0in; text-align: justify"><FONT STYLE="font-size: 10pt">Section
10. This bond shall apply to loss of Property (1) owned by the Insured, (2) held by the Insured in any capacity, or (3) for which
the Insured is legally liable. This bond shall be for the sole use and benefit of the Insured named in the Declarations.</FONT></P>

<!-- Field: Page; Sequence: 13; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0in; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0in; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">DEDUCTIBLE
AMOUNT</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-size: 10pt">Section
11. The Underwriter shall be liable hereunder only for the amount by which any single loss, as defined in Section 4, exceeds
the Single Loss Deductible amount for the Insuring Agreement or Coverage applicable to such loss, subject to the Aggregate
Limit of Liability and the applicable Single Loss Limit of Liability.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-size: 10pt">The Insured
shall, in the time and in the manner prescribed in this bond, give the Underwriter notice of any loss of the kind covered by the
terms of this bond, whether or not the Underwriter is liable therefore, and upon the request of the Underwriter shall file with
it a brief statement giving the particulars concerning such loss.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">TERMINATION
OR CANCELATION</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Section 12. This bond
terminates as an entirety upon occurrence of any of the following:&mdash;(a) 60 days after the receipt by the Insured of a
written notice from the Underwriter of its desire to cancel this bond, or (b) immediately upon the receipt by the Underwriter
of a written notice from the Insured of its desire to cancel this bond, or (c) immediately upon the taking over of the
Insured by a receiver or other liquidator or by State or Federal officials, or (d) immediately upon the taking over of the
Insured by another institution, or (e) immediately upon exhaustion of the Aggregate Limit of Liability, or (f) immediately
upon expiration of the Bond Period as set forth in Item 2 of the Declarations.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">This bond terminates as to any
Employee or any partner, officer or employee of any Processor&mdash;(a) as soon as any Insured, or any director or officer
not in collusion with such person, learns of any dishonest or fraudulent act committed by such person at any time, whether in
the employment of the Insured or otherwise, whether or not of the type covered under Insuring Agreement (A), against the
Insured or any other person or entity, without prejudice to the loss of any Property then in transit in the custody of such
person, or (b) 15 days after the receipt by the Insured of a written notice from the Underwriter of its desire to cancel this
bond as to such person.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Termination of the bond as
to any Insured terminates liability for any loss sustained by such Insured which is discovered after the effective date of such
termination.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">In witness whereof, the Underwriter
has caused this bond to be executed on the Declarations page.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; color: Red"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; vertical-align: bottom; border-bottom: Black 1pt solid"><IMG SRC="daxor001_v1.jpg" ALT="(-s- David H. Long)"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><IMG SRC="daxor002_v1.jpg" ALT="(-s- Dexter R. Legg)" STYLE="width: 175px; height: 37px">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 34%; text-align: center">PRESIDENT</TD>
    <TD NOWRAP STYLE="width: 33%">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 33%; text-align: center; border-top: Black 1pt solid">VICE PRESIDENT and SECRETARY</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="text-align: center">David H. Long</TD>
    <TD NOWRAP>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: center">Dexter R. Legg</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: Red"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>


<!-- Field: Page; Sequence: 14; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --> of 11</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           </B></FONT><B><FONT STYLE="font-size: 10pt">favor of:</FONT></B></TD><TD STYLE="width: 85%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Daxor
                                         Corporation</FONT></TD>
</TR></TABLE>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>NOTICE
OF MEMBERSHIP IN LIBERTY MUTUAL HOLDING COMPANY INC AND</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>NOTICE
OF ANNUAL MEETING</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Liberty Mutual Insurance Company
is a Massachusetts stock insurance company subsidiary of Liberty Mutual Holding Company Inc., a Massachusetts mutual holding company.
Insurance is provided by Liberty Mutual Insurance Company. The named insured first named in the declarations is a member of Liberty
Mutual Holding Company Inc.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">As a member of Liberty Mutual
Holding Company Inc., the named insured first named is entitled, among other things, to vote either in person or by proxy at the
annual meeting or special meetings of said company. The Annual Meeting of Liberty Mutual Holding Company Inc. is at its offices
located at 175 Berkeley Street, Boston, Massachusetts, on the second Wednesday in April each year at ten o&rsquo;clock in the
morning.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Members of Liberty Mutual
Holding Company Inc. may request a copy of the company&rsquo;s annual financial statement, which are posted on Liberty Mutual&rsquo;s
website at www.libertymutual.com, by writing to Liberty Mutual Holding Company Inc., 175 Berkeley Street, Boston, Massachusetts
02116, Attention: Corporate Secretary.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; color: Red"></P>



<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; vertical-align: bottom"><IMG SRC="daxor001_v1.jpg" ALT="(-s- David H. Long)"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><IMG SRC="daxor002_v1.jpg" ALT="(-s- Dexter R. Legg)">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="width: 34%; text-align: center; border-top: Black 1pt solid">PRESIDENT</TD>
    <TD NOWRAP STYLE="width: 33%">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 33%; text-align: center; border-top: Black 1pt solid">VICE PRESIDENT and SECRETARY</TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP STYLE="text-align: center">David H. Long</TD>
    <TD NOWRAP>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: center">Dexter R. Legg</TD></TR>
</TABLE>


<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>


<!-- Field: Page; Sequence: 15; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>U.S. ECONOMIC AND TRADE
SANCTIONS CLAUSE</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Whenever coverage provided by this
policy would be in violation of any U.S. economic or trade sanctions such as, but not limited to, those sanctions administered
and enforced by the U.S. Treasury Department&rsquo;s Office of Foreign Assets Control (&ldquo;OFAC&rdquo;), such coverage shall
be null and void. Similarly, any coverage relating to or referred to in any certificates or other evidences of insurance or any
claim that would be in violation of U.S. economic or trade sanctions as described above shall also be null and void.</FONT></P>


<!-- Field: Page; Sequence: 16; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">It is agreed that:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Part (a) of the section entitled
&ldquo;Termination or Cancellation&rdquo; of this bond/policy is deleted and cancellation of this bond/policy by the Underwriter/Company
is subject to the following provisions:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">a.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If this bond/policy
has been in effect for 60 days or less, the underwriter/company may cancel this bond/policy by mailing or delivering to the first
named Insured written notice of cancellation at least:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">20 days before the effective
date of cancellation if the underwriter/company cancels for any reason not included in paragraph (2) below.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">15 days before the effective
date of cancellation if the underwriter/company cancels for any of the following reasons:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Nonpayment of premium
provided, however, that a notice of cancellation for this reason shall inform the Insured of the amount due;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Conviction of a crime
arising out of acts increasing the hazard insured against;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Discovery of fraud or
material misrepresentation in the obtaining of the bond/policy or in the presentation of a claim;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(iv)</FONT></TD><TD><FONT STYLE="font-size: 10pt">After issuance of the
bond/policy or after the last renewal date, discovery of an act or omission, or a violation of a bond/policy condition, that substantially
and materially increases the hazard insured against, and that occurred subsequent to inception of the current bond/policy period;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(v)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Material physical change
in the property insured, occurring after issuance or last annual renewal anniversary date of the bond/policy, that results in
the property becoming uninsurable in accordance with our objective, uniformly applied underwriting standards in effect at the
time the bond/policy was issued or last renewed; or material change in the nature or extent of the risk, occurring after issuance
or last annual renewal anniversary date of the bond/policy, that causes the risk of loss to be substantially and materially increased
beyond that contemplated at the time the bond/policy was issued or last renewed;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(vi)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Required pursuant to
a determination by the Superintendent that continuation of our present premium volume would jeopardize our solvency or be hazardous
to the interest of our policyholders, our creditors or the public;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(vii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">A determination by the
Superintendent that the continuation of the bond/policy would violate, or would place us in violation of, any provision of the
Insurance Code; or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.34in; text-align: left"><FONT STYLE="font-size: 10pt">(viii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Where the underwriter/company
has reason to believe, in good faith and with sufficient cause, that there is a probable risk of danger that an insured will destroy,
or permit to be destroyed, the insured property for the purpose of collecting the insurance proceeds. If the underwriter/company
cancels for this reason, the first named Insured may make a written request to the Insurance Department, within 10 days of receipt
of this notice, to review the cancellation decision. Also, the underwriter/company will simultaneously send a copy of the cancellation
notice to the Insurance Department.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>NEW YORK STATUTORY RIDER/ENDORSEMENT</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FOR USE WITH FINANCIAL INSTITUTION
BONDS, STANDARD FORMS NOS. 14,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">15, 24 AND 25, AND EXCESS
BANK EMPLOYEE DISHONESTY BOND,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">STANDARD FORM NO. 28, AND
COMPUTER CRIME POLICY FOR FINANCIAL</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">INSTITUTIONS TO COMPLY WITH
STATUTORY REQUIREMENTS.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">REVISED TO DECEMBER, 2004</FONT></P>

<!-- Field: Page; Sequence: 17; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 2</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">b.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If this bond/policy
has been in effect for more than 60 days, or if this bond/policy is a renewal or continuation of a bond/policy the underwriter/company
issued, the underwriter/company may cancel only for any of the reasons listed in paragraph 2. above, provided the underwriter/company
mails the first named Insured written notice at least 15 days before the effective date of cancellation. If cancellation is for
nonpayment of premium, the notice of cancellation shall inform the Insured of the amount due.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">c.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The underwriter/company
will mail or deliver notice, including the reason for cancellation, to the first named Insured at the address shown in the bond/policy
and to the authorized agent or broker.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">d.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If this bond/policy
is canceled, the underwriter/company will send the first named Insured any premium refund due. If the underwriter/company cancels,
the refund will be pro rata. If the first named Insured cancels, the refund may be less than pro rata. However, when the premium
is advanced under a premium finance agreement, the cancellation refund will be pro rata. Under such financed policies, the underwriter/company
will be entitled to retain a minimum earned premium of 10% of the total premium or $60, whichever is greater. The cancellation
will be effective even if the underwriter/company has not made or offered a refund.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">e.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If one of the reasons
for cancellation in paragraph a.(2) exists, the underwriter/company may cancel this entire bond/policy, even if the reason for
cancellation pertains only to a new coverage or endorsement initially effective subsequent to the original issuance of this bond/policy.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">2.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Renewal or nonrenewal of
this bond/policy by the Underwriter/Company is subject to the following provisions:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">a.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If the underwriter/company
decides not to renew this bond/policy, it will send notice as provided in paragraph c. below.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">b.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If the underwriter/company
conditionally renews this bond/policy subject to a change of limits, change in type of coverage, reduction of coverage, increased
deductible, addition of exclusion, or increased premiums in excess of 10% (exclusive of any premium increase due to insured value
added, increased exposure units, or as a result of experience rating, loss rating, retrospective rating or audit) the underwriter/company
will send notice as provided in paragraph c. below.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">c.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If the underwriter/company
decides not to renew this bond/policy, or to conditionally renew this bond/policy as provided in paragraph 2.b. above, the underwriter/company
will mail or deliver written notice to the first named Insured shown in the Declarations at least 60 days, but not more than 120
days, before the expiration date of the bond/policy or, the anniversary date if this is a continuous bond/policy.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">d.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Notice will be mailed
or delivered to the first named Insured at the address shown in the bond/policy and to the authorized agent or broker. If notice
is mailed, proof of mailing will be sufficient proof of notice.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">e.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Notice will include
the specific reason(s) for nonrenewal or conditional renewal, including the amount of any premium increase for conditional renewal
and a description of any other changes.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">f.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If the underwriter/company
violates the provisions of paragraph c. above by sending the first named Insured an incomplete or late conditional renewal notice
or a late nonrenewal notice:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">prior to the expiration
date of the bond/policy, coverage will remain in effect at the same terms and conditions of this bond/policy at the lower of the
current rates or the prior period&rsquo;s rates until 60 days after such notice is mailed or delivered, unless the first named
Insured, during this 60 day period, has replaced the coverage or elects to cancel; provided, however, that if the insured elects
to renew on the basis of a conditional renewal notice and the notice was provided at least thirty (30) days prior to the expiration
date of this Policy, then the terms, conditions and rates set forth in the conditional renewal notice shall apply as of the renewal
date; or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">on or after the expiration
date of this bond/policy, coverage will remain in effect at the same terms and conditions of this bond/policy for another required
bond/policy period, at the lower of the current rates or the prior period&rsquo;s rates, unless the first named Insured, during
this additional required bond/policy period, has replaced the coverage or elects to cancel.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">g.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The underwriter/company
need not send notice of nonrenewal or conditional renewal if the first named Insured, its authorized agent or broker or another
insurer of the first named Insured mails or delivers notice that the bond/policy has been replaced or is no longer desired.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>NEW YORK STATUTORY RIDER/ENDORSEMENT</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FOR USE WITH FINANCIAL INSTITUTION
BONDS, STANDARD FORMS NOS. 14,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">15, 24 AND 25, AND EXCESS
BANK EMPLOYEE DISHONESTY BOND,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">STANDARD FORM NO. 28, AND
COMPUTER CRIME POLICY FOR FINANCIAL</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">INSTITUTIONS TO COMPLY WITH
STATUTORY REQUIREMENTS.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">REVISED TO DECEMBER, 2004</FONT></P>


<!-- Field: Page; Sequence: 18; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 2</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 2</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>In favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Daxor
                                         Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>NEW
YORK INSURER NOTICE</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">The failure to give notice as
prescribed by this policy will not invalidate a claim made by the insured, an insured person, or any other claimant, unless
the late notice has prejudiced the insurer, except as provided under NY Insurance Law section 3420(a)(4). With respect to a
personal injury or wrongful death claim, if the insurer disclaims liability or denies coverage based on a failure to provide
timely notice, then the injured person or other claimant may maintain an action directly against the insurer, on the sole
question of late notice, unless the insured or the insurer, within 60 days of the disclaimer, initiates an action to declare
the rights of the parties under the policy, and names the injured person or other claimant as a party to the
action.</FONT></P>


<!-- Field: Page; Sequence: 19; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 3</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>AMENDED
REPRESENTATION OF INSURED</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">It is agreed that:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-size: 10pt">General Agreement D,
REPRESENTATION OF INSURED, is deleted and replaced in its entirety with the following:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">D.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The Insured represents
that the information furnished in the application for this bond is complete, true and correct. Such application constitutes part
of this bond.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt">Any intentional
misrepresentation, omission, concealment or incorrect statement of a material fact, in the application or otherwise, shall be
grounds for the rescission of this bond.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">2.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Nothing herein contained
shall be held to vary, alter, waive or extend any of the terms, limitations, conditions or agreements of the attached bond other
than as above stated.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>


<!-- Field: Page; Sequence: 20; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 4</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>AMENDED
RICO EXCLUSION</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">It is agreed that:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Exclusion (j) is hereby
amended by deleting the word &ldquo;alleged&rdquo; and replacing it with &ldquo;adjudicated.&rdquo;</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">2.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Nothing herein contained
shall be held to vary, alter, waive or extend any of the terms conditions, provisions, agreements or limitations of the bond,
other than as stated herein.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>


<!-- Field: Page; Sequence: 21; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 5</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">It
is agreed that:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The attached bond is
amended by adding an Insuring Agreement as follows:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: -148.7pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">COMPUTER
SYSTEMS FRAUD</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">Loss resulting
directly from a fraudulent</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">entry of Electronic
Data or Computer Program into, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">change of Electronic
Data or Computer Program within</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt">any Computer System
operated by the Insured, whether owned or leased; or any Computer System identified in the application for this bond; or a Computer
System first used by the Insured during the Bond Period, as provided by General Agreement B of this bond;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">provided that the
entry or change causes</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Property to be transferred,
paid or delivered,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">an account of the Insured,
or of its customer to be added, deleted, debited or credited, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">an unauthorized account
or a fictitious account to be debited or credited.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">In this Insuring
Agreement, fraudulent entry of change shall include such entry or change made by an Employee of the Insured acting in good faith
on an instruction from a software contractor who has a written agreement with the Insured to design, implement or service programs
for a Computer System covered by this Insuring Agreement.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">2.</FONT></TD><TD><FONT STYLE="font-size: 10pt">In addition to the Conditions
and Limitations in the bond, the following, applicable to the Computer Systems Fraud Insuring Agreement, are added:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">DEFINITIONS</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(A)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Computer Program means
a set of related electronic instructions which direct the operations and functions of a computer or devices connected to it which
enable the computer or devices to receive, process, store or send Electronic Data;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(B)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Computer System means</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">computers with related
peripheral components, including storage components wherever located,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">systems and applications
software,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">terminal devices, and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(4)</FONT></TD><TD><FONT STYLE="font-size: 10pt">related communications
networks by which Electronic Data are electronically collected, transmitted, processed, stored and retrieved;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(C)</FONT></TD><TD><FONT STYLE="font-size: 10pt">Electronic Data means
facts or information converted to a form usable in a Computer System by Computer Programs, and which is stored on magnetic tapes
or disks, or optical storage disks or other bulk media.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>COMPUTER SYSTEMS FRAUD
INSURING AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FOR USE WITH FINANCIAL INSTITUTION
BONDS, STANDARD FORMS NOS. 14,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">15 AND 25</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">ADOPTED DECEMBER, 1993</FONT></P>

<!-- Field: Page; Sequence: 22; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 2</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">EXCLUSIONS</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(A)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the assumption of liability by the Insured by contract unless the liability arises from a loss covered by the
Computer Systems Fraud Insuring Agreement and would be imposed on the Insured regardless of the existence of the contract:</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(B)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from negotiable instruments, securities, documents or other written instruments which bear a forged signature, or
are counterfeit, altered or otherwise fraudulent and which are used as source documentation in the preparation of Electronic Data
or manually keyed into a data terminal;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(C)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(1)</FONT></TD><TD><FONT STYLE="font-size: 10pt">mechanical failure,
faulty construction, error in design, latent defect, fire, wear or tear, gradual deterioration, electrical disturbance or electrical
surge which affects a Computer System, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(2)</FONT></TD><TD><FONT STYLE="font-size: 10pt">failure or breakdown
of electronic data processing media, or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD><FONT STYLE="font-size: 10pt">error omission in programming
or processing;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(D)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the input of Electronic Data into a Computer System terminal device either on the premises of a customer of
the Insured or under the control of such a customer by a person who had authorized access to the customer&rsquo;s authentication mechanism;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(E)</FONT></TD><TD><FONT STYLE="font-size: 10pt">loss resulting directly
or indirectly from the theft of confidential information.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">SERIES
OF LOSSES</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt">All loss or series
of losses involving the fraudulent acts of one individual, or involving fraudulent acts in which one individual is implicated,
whether or not that individual is specifically identified, shall be treated as a Single Loss and subject to the Single Loss Limit
of Liability. A series of losses involving unidentified individuals but arising from the same method of operation shall be deemed
to involve the same individual and in that event shall be treated as a Single Loss and subject to the Single Loss Liability.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">3.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The exclusion below,
found in financial institution bonds forms 14, and 25, does not apply to the Computer Systems Fraud Insuring Agreement.</FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt">&ldquo;loss involving any Uncertificated Security except an Uncertificated Security of any Federal
Reserve Bank of the United States or when covered under Insuring Agreement (A);&rdquo;</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">4.</FONT></TD><TD><FONT STYLE="font-size: 10pt">This rider shall become
effective as of 12:01 a.m. on May 16, 2014.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Accepted:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>COMPUTER SYSTEMS FRAUD
INSURING AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FOR USE WITH FINANCIAL INSTITUTION
BONDS, STANDARD FORMS NOS. 14,</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">15 AND 25</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">ADOPTED DECEMBER, 1993</FONT></P>


<!-- Field: Page; Sequence: 23; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 2</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 6</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">It is agreed that:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-size: 10pt">&ldquo;Employee&rdquo;
as used in the attached bond shall include any natural person who is a director or trustee of the Insured while such director
or trustee is engaged in handling funds or other property of any Employee Welfare or Pension Benefit Plan owned, controlled or
operated by the Insured or any natural person who is a trustee, manager, officer or employee of any such Plan.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">2.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If the bond, in accordance
with the agreements, limitations and conditions thereof, covers loss sustained by two or more Employee Welfare or Pension Benefit
Plans or sustained by any such Plan in addition to loss sustained by an Insured other than such Plan, it is the obligation of
the Insured or the Plan Administrator(s) of such Plans under Regulations published by the Secretary of Labor implementing Section
13 of the Welfare and Pension Plans Disclosure Act of 1958 to obtain under one or more bonds issued by one or more Insurers an
amount of coverage for each such Plan at least equal to that which would be required if such Plans were bonded separately.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">3.</FONT></TD><TD><FONT STYLE="font-size: 10pt">In compliance with the
foregoing, payment by the Company in accordance with the agreements, limitations and conditions of the bond shall be held by the
Insured, or, if more than one, by the Insured first named, for the use and benefit of any Employee Welfare or Pension Benefit
Plan sustaining loss so covered and to the extent that such payment is in excess of the amount of coverage required by such Regulations
to be carried by said Plan sustaining such loss, such excess shall be held for the use and benefit of any other such Plan also
covered in the event that such other Plan discovers that it has sustained loss covered thereunder.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">4.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If money or other property
of two or more Employee Welfare or Pension Benefit Plans covered under the bond is commingled, recovery for loss of such money
or other property through fraudulent or dishonest acts of Employees shall be shared by such Plans on a pro rata basis in accordance
with the amount for which each such Plan is required to carry bonding coverage in accordance with the applicable provisions of
said Regulations.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">5.</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">The
                                         Deductible Amount of this bond applicable to loss sustained by a Plan through acts committed
                                         by an Employee of the Plan shall be waived, but only up to an amount equal to the amount
                                         of coverage required to be carried by the Plan because of compliance with the provisions
                                         of the Employee Retirement Income Security Act of 1974.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">6.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Nothing herein contained
shall be held to vary, alter, waive or extend any of the terms, conditions, provisions, agreements or limitations of the bond,
other than as stated herein.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">7.</FONT></TD><TD><FONT STYLE="font-size: 10pt">This rider is effective
as of 12:01 a.m. on May 16, 2014.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Accepted:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>ERISA RIDER</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">TO COMPLY WITH BONDING REGULATIONS
MADE APPLICABLE TO THE</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">NOTE: THIS RIDER SHOULD NOT
BE USED FOR ANY INSURED EXEMPTED</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FROM THE BONDING PROVISIONS
OF THE ACT.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">REVISED TO JUNE, 1990</FONT></P>


<!-- Field: Page; Sequence: 24; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>LIBERTY
MUTUAL INSURANCE COMPANY</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(A Massachusetts
Stock Insurance Company, hereinafter the &ldquo;Insurer&rdquo;)</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>RIDER
NO. 7</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Effective</B> <B>Date:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">May
                                         16, 2014</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">To be attached to and form
part of Financial Institution Bond, Standard Form No. 14</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Bond</B> <B>Number:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">FI4NAAZP5K001</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15%; text-align: left"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>In
                           favor of:</B></FONT></TD><TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Daxor Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 0pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in"><FONT STYLE="font-size: 10pt">It is agreed that:</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">1.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The attached bond is
amended:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">by deleting the first
sentence of the Section entitled &ldquo;DISCOVERY&rdquo; of this bond;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">by inserting a new Condition
as follows:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">LOSS SUSTAINED
COVERAGE</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.75in"><FONT STYLE="font-size: 10pt">This bond covers
loss sustained during the Bond Period set forth in Item 2 of the Declarations and discovered during the said Bond Period or within
one year following the expiration of said Bond Period; provided, however, that no loss is covered if first discovered after any
take over of the Insured&rsquo;s business by any State or Federal official or agency, or by any receiver or liquidator, acting or appointed
for such purpose.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD><FONT STYLE="font-size: 10pt">by deleting the Section
entitled &ldquo;LIMIT OF LIABILITY UNDER THIS BOND AND PRIOR INSURANCE&rdquo; and substituting in its place the following:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.75in"><FONT STYLE="font-size: 10pt">If any loss is
sustained partly during the Bond Period of this Bond and partly during the period of a prior bond issued by the Underwriter which
this Bond replaced, and if said loss is first discovered on a date which is within both the Bond Period of this Bond and the time
within which losses may be discovered under said prior bond, the Insured may recover under this Bond and under said prior bond
according to their respective terms provided, however, that the total aggregate liability of the Underwriter for the loss shall
not exceed the larger of the Single Loss Limit of Liability of this Bond applicable to the loss and the limit of liability of
the prior bond applicable to the loss.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">2.</FONT></TD><TD><FONT STYLE="font-size: 10pt">This rider is effective
as of the time the attached bond is effective.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>LOSS SUSTAINED RIDER</B></FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FOR USE WITH FINANCIAL INSTITUTION
BONDS, STANDARD</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">FORMS NOS. 14, 15, 24 AND
25 OR EXCESS BANK EMPLOYEE</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">DISHONESTY BOND, STANDARD
FORM NO. 28, TO CONVERT SUCH BOND TO</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&ldquo;LOSS SUSTAINED&rdquo;
FORM. TO BE ATTACHED TO A BOND ONLY AT THE TIME</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">OF ISSUANCE.</FONT></P>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">REVISED JANUARY, 2004</FONT></P>

<!-- Field: Page; Sequence: 25; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 1</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>Daxor Corporation</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Statement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Concerning
Fidelity Bond</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>Rule
17g-1(g)(1)(A)(iii) - Statement as to the period for which premiums have been paid:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The premium
is paid for the period May 16, 2014 to May 16, 2015.</FONT></P>

<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 10pt"><FONT STYLE="font-size: 10pt"><B><I>Daxor
Corporation</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Secretary&rsquo;s
Certificate</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>Rule
17g-1(g)(1)(A)(ii) &ndash; Copy of resolution approving the form and amount of the bond:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">I,
Diane M. Meegan, hereby certify that I am the duly elected and qualified Secretary of Daxor Corporation, a New York corporation
(the &ldquo;<U>Corporation</U>&rdquo;). I further certify, in such capacity and on behalf of the Corporation, (1) that set forth
below is a true, correct and complete copy of the resolutions duly adopted by the Board of Directors of the Corporation approving
the amount and form of the fidelity bond adopted by vote of a majority of the members of the Board of Directors of the Corporation,
including a majority of the directors who are not interested persons of the Corporation (within the meaning of Section 2(a)(19)
of the Investment Company Act of 1940, as amended); and (2) that said resolutions have not been amended, modified or revoked,
are in full force and effect as of the date hereof, and are the only resolutions relating to the matters covered thereby:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in"><FONT STYLE="font-size: 10pt"><B>NOW THEREFORE,
BE IT RESOLVED</B>, that the appropriate officers of the Corporation are authorized and directed to obtain the Fidelity Bond to
provide coverage for each officer and employee of the Corporation who may singly, or jointly with others, have access to the securities
or funds of the Corporation, either directly or through authority to draw upon such funds or to direct generally the disposition
of those securities, in that amount approved or ratified by the Board from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in"><FONT STYLE="font-size: 10pt"><B>FURTHER
RESOLVED</B>, that the Board, including all directors who are not &ldquo;interested persons&rdquo; of the Board (as defined in
the Investment Company Act of 1940), has determined that the form, terms and the amount of the Fidelity Bond (which is in the
aggregate amount of $350,000 to cover, among others, officers and employees of the Corporation, in accordance with Rule 17g-1
under the Investment Company Act of 1940), are reasonable, after reviewing the terms of the Fidelity Bond and having given due
consideration to, among other things, the estimated value of the aggregate assets of the Corporation to which any person covered
under the Fidelity Bond may have access, the type and terms of the arrangements made for the custody and safekeeping of assets
of the Corporation, and the nature of the securities held by the Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in"><FONT STYLE="font-size: 10pt"><B>FURTHER
RESOLVED</B>, that the Board, including a majority of the Board directors who are not &ldquo;interested persons&rdquo; of the
Board (as defined in the Investment Company Act of 1940), at least annually will review the Fidelity Bond to determine whether
the Fidelity Bond is reasonable in form and amount.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in"><FONT STYLE="font-size: 10pt"><B>FURTHER
RESOLVED</B>, that the appropriate officers of the Corporation be, and each of them acting alone hereby is, designated and directed
to make the filings and give the notices required by Rule 17g-1 of the Investment Company Act of 1940, including all filings and
notices required by Rule 17g-1(g).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in"><FONT STYLE="font-size: 10pt"><B>FURTHER
RESOLVED</B>, that, provided that the Fidelity Bond is issued in the form, in the amount, and with the terms described, the Fidelity
Bond is approved by the Board, including all trustees who are not &ldquo;interested persons&rdquo; of the Board (as defined in
the Investment Company Act of 1940).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0in; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>*
* *</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0in; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in"><FONT STYLE="font-size: 10pt"><B>IN
WITNESS WHEREOF</B>, I have signed my name, on this 18th day of September, 2014.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><IMG SRC="daxor003_v1.jpg" ALT="(-s- Diane M. Meegan)"></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 60%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 40%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Diane M. Meegan</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title: &nbsp;&nbsp;Secretary</TD></TR>
</TABLE>

<DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo --><!-- Field: /Sequence --></TD></TR></TABLE></DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>daxor001_v1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 daxor001_v1.jpg
M_]C_X``02D9)1@`!`@$`2`!(``#_X0CA17AI9@``34T`*@````@`!P$2``,`
M```!``$```$:``4````!````8@$;``4````!````:@$H``,````!``(```$Q
M``(````4````<@$R``(````4````AH=I``0````!````G````,@```!(````
M`0```$@````!061O8F4@4&AO=&]S:&]P(#<N,``R,#$T.C`Y.C(T(#$R.C(T
M.C,V``````.@`0`#`````0`!``"@`@`$`````0```+2@`P`$`````0```"L`
M````````!@$#``,````!``8```$:``4````!```!%@$;``4````!```!'@$H
M``,````!``(```(!``0````!```!)@("``0````!```'LP````````!(````
M`0```$@````!_]C_X``02D9)1@`!`@$`2`!(``#_[0`,061O8F5?0TT``?_N
M``Y!9&]B90!D@`````'_VP"$``P("`@)"`P)"0P1"PH+$14/#`P/%1@3$Q43
M$Q@1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P!#0L+#0X-
M$`X.$!0.#@X4%`X.#@X4$0P,#`P,$1$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,#/_``!$(`!\`@`,!(@`"$0$#$0'_W0`$``C_Q`$_```!
M!0$!`0$!`0`````````#``$"!`4&!P@)"@L!``$%`0$!`0$!``````````$`
M`@,$!08'"`D*"Q```00!`P($`@4'!@@%`PPS`0`"$0,$(1(Q!4%181,B<8$R
M!A21H;%"(R054L%B,S1R@M%#!R624_#A\6-S-1:BLH,F1)-49$7"HW0V%])5
MXF7RLX3#TW7C\T8GE*2%M)7$U.3TI;7%U>7U5F9VAI:FML;6YO8W1U=G=X>7
MI[?'U^?W$0`"`@$"!`0#!`4&!P<&!34!``(1`R$Q$@1!46%Q(A,%,H&1%*&Q
M0B/!4M'P,R1BX7*"DD-3%6-S-/$E!A:BLH,')C7"TD235*,79$55-G1EXO*S
MA,/3=>/S1I2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V)S='5V=WAY>GM\?_
MV@`,`P$``A$#$0`_`/54R=1)#07.,`"23P`$E+JAUC,SL:BNOIU'VC-R;!53
MN!--<^ZW*RWM+-M%%0>_9O\`4R+/3QJ?TEJQV=:S/K-D68_U?N%/2,>TTYG5
MVEIL=8T-M?C]+J>VQGY];+,O(K]'T[+/LWJ_SB/];>JL9C.Z+C93<;J&?6=U
MYXQ<6=F9U/)?OI^SU55>I7C6/MK]7-]&JO\`PGII2WU%?U"[H9R\W,LSAEY%
MUV+=<`U_V<NV8VYC?;7ZC:_M'I_X/UO370K'Z;UGZMT_5[&SL3)JQ^C5UMJH
MLL=L:UK/T3:CZYW^K^CV['_I5?/4NG-KOM=E4BO$<69+S8W;4X1++W;MM+_=
M_A$E-E5L/J.%G.R6XEHN.'<[&R-LPVU@8^RK=^<ZOU6;]OY_Z-8_4NM6=3O9
MT;ZO6BVZ]C;,OJ-+@ZK%QWC<+&W-W,?G9-?]`H;_`.&[/U?Z=+*^LW3?J_TN
M[`Z!AOSV])8:K',]F,RUIJ#J+\YPV7]0OLR?Z/BMR<J[*_G_`$O?8DIZTD#D
MQ.@GQ*=>66=0ZSU!V%U*RUN;UJZQ[.GMQX./38UKVOQ^C8]GJ8^?=5]/JO7<
MQ]_3L"K^BV9M]5:ZKI?4SA8#.A5=8Q>J_6@2;&9-Y+3=N+LNC?2Q]K&X^V[T
MJ?2];]'_`#=3$E/4K-ZW]8>F=#IK?FO<;<AWIXN+4TV776:13CTM^F]SG,9_
MH_>SWK%ZMU+ZW86*ZS-MP</U(JQZ\)MF7EW7/(;73B5Y?V.AK_S][Z\K]]]7
MIK+QNK](^K3K>H=>??UGZRM:S]H7TL%PQ&7.<RG#%WZ#`P*6O/O;ZE/KVV^I
M_-OKV)3WU;S96QY:ZLN:'%CHW-D3L?M+F[F_UE)<S9_C'^J%>?7@#.:][]Q?
M<V/08&L==+\HD46?0]-OV9]_Z;]$MB[KG2*#AMNRZZW]1+1AL<8?;OCT_3K_
M`)S\YOYJ2F\G3)TE/__0]563U?H+.L7TMS<BQW3:O=;TUL-KNL'\T[)L;^FL
MIK^G]EW^C98RKU%JI)*>3Z'T/ZV=-Z97TEEV#BM#[K,CJ50?=?8ZVQUOJLP[
M*<;&INV/V;[;LNO_`('T_P!&A]2_Q=59SW5CJ>17AWL:<YA]]^5D5@MQ\K,S
MG/#[*J/T7I8+:V8M7I_J_H+L$DE/%4_XK\!V/TJC/S[\AO2G.+6U@8['`EKV
ML;7C_P`R[U6>I9E-=]NO]3]+E?T?T(YG^*/ZJWMIKQQ=B5,L=9:&/WN>'?1J
M]3(]5U3*OH_H_I_X;U+-EB[=))34Z7TGIO2,-N%TW'9BX[-0QG<\;['NE]EG
MM_G+';U#JW0^D]9IJQ^IXS<FFFT7UUN)`#VR`YP86[_INW5O_1O5Y))3SGUM
MPZ:\/'NP:ZZ.K.LJZ?T[,#!NQQDO;CW/J^CM]+&-VS:K>1E=(^J_3:,+$HB&
MEF#TW&`=?<6QZGH5.=ZESF[_`%LJ]W_'WV(_7L'I_4.G_8^H7'&9;;4*+V6"
MJUEX>UV*[%N=]')]9K?2VJGT?H_0NDYYJ^UNSNM/KGULZ\7YGHR?;7NVOJQM
M?\#577_I$E*Z1T?-NSOV]U[:[J1:6X>&T[ZL&IWTZ:'_`$;LRYO].SO\)_,4
M?JO\YH8E'2"W,Q\2JG:;W_;JV-;#K[&LOM.1I^DM?7;4Y^]75R6-;UCH_4.K
MU]*Z>.MXV7EORA;5E4L=3D/92VW`RV7%KJO3]/U&/9ZNRFRG]&DITOK)TKZJ
M6X%^;U_&H^S4U-9;D/&U[:V.]2NJJ^K;D,_2N_1TT._36?HEG_5'ZJXN+DV?
M6"[#9B962P-P\;:0_'H/N_6763;;U/(W?KU]SK+?\!ZGTU9;@6WY6%U3ZTY-
M-=C+0.G],:X#&KO>3]GW/M]W4NJ,9[:;?T===GJ?9,7_``RZ))2DZ9.DI__9
M_^T-<E!H;W1O<VAO<"`S+C``.$))300E```````0````````````````````
M`#A"24T#[0``````$`!(`````0`!`$@````!``$X0DE-!"8```````X`````
M````````/X```#A"24T$#0``````!````!XX0DE-!!D```````0````>.$))
M30/S```````)```````````!`#A"24T$"@```````0``.$))32<0```````*
M``$``````````3A"24T#]0``````2``O9F8``0!L9F8`!@```````0`O9F8`
M`0"AF9H`!@```````0`R`````0!:````!@```````0`U`````0`M````!@``
M`````3A"24T#^```````<```_____________________________P/H````
M`/____________________________\#Z`````#_____________________
M________`^@`````_____________________________P/H```X0DE-!`@`
M`````!`````!```"0````D``````.$))300>```````$`````#A"24T$&@``
M```#2P````8``````````````"L```"T````"P!D`&$`>`!O`'(`,``P`#$`
M7P!V`#$````!``````````````````````````$``````````````+0````K
M``````````````````````$`````````````````````````$`````$`````
M``!N=6QL`````@````9B;W5N9'-/8FIC`````0```````%)C=#$````$````
M`%1O<"!L;VYG``````````!,969T;&]N9P``````````0G1O;6QO;F<````K
M`````%)G:'1L;VYG````M`````9S;&EC97-6;$QS`````4]B:F,````!````
M```%<VQI8V4````2````!W-L:6-E241L;VYG``````````=G<F]U<$E$;&]N
M9P`````````&;W)I9VEN96YU;0````Q%4VQI8V5/<FEG:6X````-875T;T=E
M;F5R871E9`````!4>7!E96YU;0````I%4VQI8V54>7!E`````$EM9R`````&
M8F]U;F1S3V)J8P````$```````!28W0Q````!`````!4;W`@;&]N9P``````
M````3&5F=&QO;F<``````````$)T;VUL;VYG````*P````!29VAT;&]N9P``
M`+0````#=7)L5$585`````$```````!N=6QL5$585`````$```````!-<V=E
M5$585`````$```````9A;'1486=415A4`````0``````#F-E;&Q497AT27-(
M5$U,8F]O;`$````(8V5L;%1E>'1415A4`````0``````"6AO<GI!;&EG;F5N
M=6T````/15-L:6-E2&]R>D%L:6=N````!V1E9F%U;'0````)=F5R=$%L:6=N
M96YU;0````]%4VQI8V5697)T06QI9VX````'9&5F875L=`````MB9T-O;&]R
M5'EP965N=6T````115-L:6-E0D=#;VQO<E1Y<&4`````3F]N90````ET;W!/
M=71S971L;VYG``````````IL969T3W5T<V5T;&]N9P`````````,8F]T=&]M
M3W5T<V5T;&]N9P`````````+<FEG:'1/=71S971L;VYG```````X0DE-!!0`
M``````0````!.$))300,``````?/`````0```(`````?```!@```+H````>S
M`!@``?_8_^``$$I&248``0(!`$@`2```_^T`#$%D;V)E7T--``'_[@`.061O
M8F4`9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,
M#`P,#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4
M#@X.%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`S_P``1"``?`(`#`2(``A$!`Q$!_]T`!``(_\0!/P```04!`0$!
M`0$``````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&
M!P@)"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q
M0B,D%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$
MP]-UX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G
M]Q$``@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1
M\#,D8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C
M\T:4I(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!
M``(1`Q$`/P#U5,G420T%SC``DD\`!)2ZH=8S,[&HKKZ=1]HS<FP54[@337/N
MMRLM[2S;114'OV;_`%,BST\:G]):L=G6LSZS9%F/]7[A3TC'M-.9U=I:;'6-
M#;7X_2ZGML9^?6RS+R*_1].RS[-ZO\XC_6WJK&8SNBXV4W&ZAGUG=>>,7%G9
MF=3R7[Z?L]557J5XUC[:_5S?1JK_`,)Z:4M]17]0NZ&<O-S+,X9>1==BW7`-
M?]G+MF-N8WVU^HVO[1Z?^#];TUT*Q^F]9^K=/U>QL[$R:L?HU=;:J++';&M:
MS]$VH^N=_J_H]NQ_Z57SU+IS:[[795(KQ'%F2\V-VU.$2R]V[;2_W?X1)395
M;#ZCA9SLEN):+CAW.QLC;,-M8&/LJW?G.K]5F_;^?^C6/U+K5G4[V=&^KUHM
MNO8VS+ZC2X.JQ<=XW"QMS=S'YV37_0*&_P#ANS]7^G2ROK-TWZO]+NP.@8;\
M]O26&JQS/9C,M::@ZB_.<-E_4+[,G^CXK<G*NROY_P!+WV)*>M)`Y,3H)\2G
M7EEG4.L]0=A=2LM;F]:NL>SI[<>#CTV-:]K\?HV/9ZF/GW5?3ZKUW,??T[`J
M_HMF;?56NJZ7U,X6`SH576,7JOUH$FQF3>2TW;B[+HWTL?:QN/MN]*GTO6_1
M_P`W4Q)3U*S>M_6'IG0Z:WYKW&W(=Z>+BU--EUUFD4X]+?IO<YS&?Z/WL]ZQ
M>K=2^MV%BNLS;<'#]2*L>O";9EY=USR&UTXE>7]CH:_\_>^O*_??5Z:R\;J_
M2/JTZWJ'7GW]9^LK6L_:%]+!<,1ESG,IPQ=^@P,"EKS[V^I3Z]MOJ?S;Z]B4
M]]6\V5L>6NK+FAQ8Z-S9$['[2YNYO]927,V?XQ_JA7GUX`SFO>_<7W-CT&!K
M'72_*)%%GT/3;]F??^F_1+8NZYTB@X;;LNNM_42T8;'&'V[X]/TZ_P"<_.;^
M:DIO)TR=)3__T/55D]7Z"SK%]+<W(L=TVKW6]-;#:[K!_-.R;&_IK*:_I_9=
M_HV6,J]1:J22GD^A]#^MG3>F5])9=@XK0^ZS(ZE4'W7V.ML=;ZK,.RG&QJ;M
MC]F^V[+K_P"!]/\`1H?4O\756<]U8ZGD5X=[&G.8???E9%8+<?*S,YSP^RJC
M]%Z6"VMF+5Z?ZOZ"[!))3Q5/^*_`=C]*HS\^_(;TISBUM8&.QP):]K&UX_\`
M,N]5GJ6937?;K_4_2Y7]']".9_BC^JM[::\<78E3+'66AC][GAWT:O4R/5=4
MRKZ/Z/Z?^&]2S98NW224U.E])Z;TC#;A=-QV8N.S4,9W/&^Q[I?99[?YRQV]
M0ZMT/I/6::L?J>,W)IIM%]=;B0`]L@.<&%N_Z;MU;_T;U>224\Y];<.FO#Q[
ML&NNCJSK*NG].S`P;L<9+VX]SZOH[?2QC=LVJWD972/JOTVC"Q*(AI9@]-Q@
M'7W%L>IZ%3G>I<YN_P!;*O=_Q]]B/U[!Z?U#I_V/J%QQF6VU"B]E@JM9>'M=
MBNQ;G?1R?6:WTMJI]'Z/T+I.>:OM;L[K3ZY];.O%^9Z,GVU[MKZL;7_`U5U_
MZ1)2ND='S;L[]O=>VNZD6EN'AM.^K!J=].FA_P!&[,N;_3L[_"?S%'ZK_.:&
M)1T@MS,?$JIVF]_VZMC6PZ^QK+[3D:?I+7UVU.?O5U<EC6]8Z/U#J]?2NGCK
M>-EY;\H6U95+'4Y#V4MMP,MEQ:ZKT_3]1CV>KLILI_1I*=+ZR=*^JEN!?F]?
MQJ/LU-366Y#QM>VMCO4KJJOJVY#/TKOT=-#OTUGZ)9_U1^JN+BY-GU@NPV8F
M5DL#</&VD/QZ#[OUEUDVV]3R-WZ]?<ZRW_`>I]-66X%M^5A=4^M.3378RT#I
M_3&N`QJ[WD_9]S[?=U+JC&>VFW]'779ZGV3%_P`,NB24I.F3I*?_V0`X0DE-
M!"$``````%4````!`0````\`00!D`&\`8@!E`"``4`!H`&\`=`!O`',`:`!O
M`'`````3`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P`"``-P`N`#``
M```!`#A"24T$!@``````!P`(`0$``0$`_^$22&AT='`Z+R]N<RYA9&]B92YC
M;VTO>&%P+S$N,"\`/#]X<&%C:V5T(&)E9VEN/2?ON[\G(&ED/2=7-4TP37!#
M96AI2'IR95-Z3E1C>FMC.60G/SX*/#]A9&]B92UX87`M9FEL=&5R<R!E<V,]
M(D-2(C\^"CQX.GAA<&UE=&$@>&UL;G,Z>#TG861O8F4Z;G,Z;65T82\G('@Z
M>&%P=&L])UA-4"!T;V]L:VET(#(N."XR+3,S+"!F<F%M97=O<FL@,2XU)SX*
M/')D9CI21$8@>&UL;G,Z<F1F/2=H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+S`R
M+S(R+7)D9BUS>6YT87@M;G,C)R!X;6QN<SII6#TG:'1T<#HO+VYS+F%D;V)E
M+F-O;2]I6"\Q+C`O)SX*"B`\<F1F.D1E<V-R:7!T:6]N(&%B;W5T/2=U=6ED
M.C4X-S$Q-V5F+30S8C<M,3%E-"TX86)D+3DT-3,S9#5D8C$X-"<*("!X;6QN
M<SIX87!-33TG:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+VUM+R<^"B`@
M/'AA<$U-.D1O8W5M96YT240^861O8F4Z9&]C:60Z<&AO=&]S:&]P.C4X-S$Q
M-V5D+30S8C<M,3%E-"TX86)D+3DT-3,S9#5D8C$X-#PO>&%P34TZ1&]C=6UE
M;G1)1#X*(#PO<F1F.D1E<V-R:7!T:6]N/@H*/"]R9&8Z4D1&/@H\+W@Z>&%P
M;65T83X*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@"CP_>'!A8VME="!E;F0])W<G/S[_X@Q824-#7U!23T9)3$4``0$`
M``Q(3&EN;P(0``!M;G1R4D="(%A96B`'S@`"``D`!@`Q``!A8W-P35-&5```
M``!)14,@<U)'0@```````````````0``]M8``0````#3+4A0("``````````
M`````````````````````````````````````````````````````!%C<')T
M```!4````#-D97-C```!A````&QW='!T```!\````!1B:W!T```"!````!1R
M6%E:```"&````!1G6%E:```"+````!1B6%E:```"0````!1D;6YD```"5```
M`'!D;61D```"Q````(AV=65D```#3````(9V:65W```#U````"1L=6UI```#
M^````!1M96%S```$#````"1T96-H```$,`````QR5%)#```$/```"`QG5%)#
M```$/```"`QB5%)#```$/```"`QT97AT`````$-O<'ER:6=H="`H8RD@,3DY
M."!(97=L971T+5!A8VMA<F0@0V]M<&%N>0``9&5S8P`````````2<U)'0B!)
M14,V,3DV-BTR+C$``````````````!)S4D="($E%0S8Q.38V+3(N,0``````
M````````````````````````````````````````````````````````````
M6%E:(````````/-1``$````!%LQ865H@`````````````````````%A96B``
M``````!OH@``./4```.06%E:(````````&*9``"WA0``&-I865H@````````
M)*````^$``"VSV1E<V,`````````%DE%0R!H='1P.B\O=W=W+FEE8RYC:```
M````````````%DE%0R!H='1P.B\O=W=W+FEE8RYC:```````````````````
M``````````````````````````````````````````!D97-C`````````"Y)
M14,@-C$Y-C8M,BXQ($1E9F%U;'0@4D="(&-O;&]U<B!S<&%C92`M('-21T(`
M`````````````"Y)14,@-C$Y-C8M,BXQ($1E9F%U;'0@4D="(&-O;&]U<B!S
M<&%C92`M('-21T(`````````````````````````````9&5S8P`````````L
M4F5F97)E;F-E(%9I97=I;F<@0V]N9&ET:6]N(&EN($E%0S8Q.38V+3(N,0``
M````````````+%)E9F5R96YC92!6:65W:6YG($-O;F1I=&EO;B!I;B!)14,V
M,3DV-BTR+C$``````````````````````````````````'9I97<``````!.D
M_@`47RX`$,\4``/MS``$$PL``UR>`````5A96B```````$P)5@!0````5Q_G
M;65A<P`````````!`````````````````````````H\````"<VEG(`````!#
M4E0@8W5R=@````````0`````!0`*``\`%``9`!X`(P`H`"T`,@`W`#L`0`!%
M`$H`3P!4`%D`7@!C`&@`;0!R`'<`?`"!`(8`BP"0`)4`F@"?`*0`J0"N`+(`
MMP"\`,$`Q@#+`-``U0#;`.``Y0#K`/``]@#[`0$!!P$-`1,!&0$?`24!*P$R
M`3@!/@%%`4P!4@%9`6`!9P%N`74!?`&#`8L!D@&:`:$!J0&Q`;D!P0')`=$!
MV0'A`>D!\@'Z`@,"#`(4`AT")@(O`C@"00)+`E0"70)G`G$">@*$`HX"F`*B
M`JP"M@+!`LL"U0+@`NL"]0,``PL#%@,A`RT#.`-#`T\#6@-F`W(#?@.*`Y8#
MH@.N`[H#QP/3`^`#[`/Y!`8$$P0@!"T$.P1(!%4$8P1Q!'X$C`2:!*@$M@3$
M!-,$X03P!/X%#04<!2L%.@5)!5@%9P5W!88%E@6F!;4%Q075!>4%]@8&!A8&
M)P8W!D@&609J!GL&C`:=!J\&P`;1!N,&]0<'!QD'*P<]!T\'80=T!X8'F0>L
M![\'T@?E!_@("P@?"#((1@A:"&X(@@B6"*H(O@C2".<(^PD0"24).@E/"60)
M>0F/":0)N@G/">4)^PH1"B<*/0I4"FH*@0J8"JX*Q0K<"O,+"PLB"SD+40MI
M"X`+F`NP"\@+X0OY#!(,*@Q##%P,=0R.#*<,P`S9#/,-#0TF#4`-6@UT#8X-
MJ0W##=X-^`X3#BX.20YD#G\.FPZV#M(.[@\)#R4/00]>#WH/E@^S#\\/[!`)
M$"800Q!A$'X0FQ"Y$-<0]1$3$3$13Q%M$8P1JA')$>@2!Q(F$D429!*$$J,2
MPQ+C$P,3(Q-#$V,3@Q.D$\43Y10&%"<4211J%(L4K13.%/`5$A4T%585>!6;
M%;T5X!8#%B86219L%H\6LA;6%OH7'1=!%V47B1>N%](7]Q@;&$`891B*&*\8
MU1CZ&2`911EK&9$9MQG=&@0:*AI1&G<:GAK%&NP;%!L[&V,;BANR&]H<`APJ
M'%(<>QRC',P<]1T>'4<=<!V9'<,=[!X6'D`>:AZ4'KX>Z1\3'SX?:1^4'[\?
MZB`5($$@;""8(,0@\"$<(4@A=2&A(<XA^R(G(E4B@B*O(MTC"B,X(V8CE"/"
M(_`D'R1-)'PDJR3:)0DE."5H)9<EQR7W)B<F5R:')K<FZ"<8)TDG>B>K)]PH
M#2@_*'$HHBC4*08I."EK*9TIT"H"*C4J:"J;*L\K`BLV*VDKG2O1+`4L.2QN
M+*(LURT,+4$M=BVK+>$N%BY,+H(NMR[N+R0O6B^1+\<O_C`U,&PPI##;,1(Q
M2C&",;HQ\C(J,F,RFS+4,PTS1C-_,[@S\30K-&4TGC38-1,U336'-<(U_38W
M-G(VKC;I-R0W8#><-]<X%#A0.(PXR#D%.4(Y?SF\.?DZ-CIT.K(Z[SLM.VL[
MJCOH/"<\93RD/.,](CUA/:$]X#X@/F`^H#[@/R$_83^B/^)`(T!D0*9`YT$I
M06I!K$'N0C!"<D*U0O=#.D-]0\!$`T1'1(I$SD42155%FD7>1B)&9T:K1O!'
M-4=[1\!(!4A+2)%(UTD=26-)J4GP2C=*?4K$2PQ+4TN:2^),*DQR3+I-`DU*
M39--W$XE3FY.MT\`3TE/DT_=4"=0<5"[40914%&;4>92,5)\4L=3$U-?4ZI3
M]E1"5(]4VU4H5755PE8/5EQ6J5;W5T17DE?@6"]8?5C+61I9:5FX6@=:5EJF
M6O5;15N56^5<-5R&7-9=)UUX7<E>&EYL7KU?#U]A7[-@!6!78*I@_&%/8:)A
M]6))8IQB\&-#8Y=CZV1`9)1DZ64]99)EYV8]9I)FZ&<]9Y-GZ6@_:)9H[&E#
M:9II\6I(:I]J]VM/:Z=K_VQ7;*]M"&U@;;EN$FYK;L1O'F]X;]%P*W"&<.!Q
M.G&5<?!R2W*F<P%S77.X=!1T<'3,=2AUA77A=CYVFW;X=U9WLW@1>&YXS'DJ
M>8EYYWI&>J5[!'MC>\)\(7R!?.%]07VA?@%^8G["?R-_A'_E@$>`J($*@6N!
MS8(P@I*"](-7@[J$'82`A..%1X6KA@Z&<H;7ASN'GX@$B&F(SHDSB9F)_HID
MBLJ+,(N6B_R,8XS*C3&-F(W_CF:.SH\VCYZ0!I!ND-:1/Y&HDA&2>I+CDTV3
MMI0@E(J4])5?E<F6-):?EPJ7=9?@F$R8N)DDF9"9_)IHFM6;0INOG!R<B9SW
MG62=TIY`GJZ?'9^+G_J@::#8H4>AMJ(FHI:C!J-VH^:D5J3'I3BEJ:8:IHNF
M_:=NI^"H4JC$J3>IJ:H<JH^K`JMUJ^FL7*S0K42MN*XMKJ&O%J^+L`"P=;#J
ML6"QUK)+LL*S.+.NM"6TG+43M8JV`;9YMO"W:+?@N%FXT;E*N<*Z.[JUNRZ[
MI[PAO)N]%;V/O@J^A+[_OWJ_]<!PP.S!9\'CPE_"V\-8P]3$4<3.Q4O%R,9&
MQL/'0<>_R#W(O,DZR;G*.,JWRS;+MLPUS+7--<VUSC;.ML\WS[C0.="ZT3S1
MOM(_TL'31-/&U$G4R]5.U='65=;8UUS7X-ADV.C9;-GQVG;:^]N`W`7<BMT0
MW9;>'-ZBWRG?K^`VX+WA1.',XE/BV^-CX^OD<^3\Y83F#>:6YQ_GJ>@RZ+SI
M1NG0ZEOJY>MPZ_OLANT1[9SN*.ZT[T#OS/!8\.7Q<O'_\HSS&?.G]#3TPO50
M]=[V;?;[]XKX&?BH^3CYQ_I7^N?[=_P'_)C]*?VZ_DO^W/]M____[@`A061O
M8F4`9$`````!`P`0`P(#!@```````````````/_;`(0``0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#
M`P,#`P,#`P$!`0$!`0$!`0$!`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#_\(`$0@`*P"T`P$1``(1`0,1
M`?_$`*```0`!`P4!```````````````)!`@*`@,%!@<+`0$`````````````
M````````$``!`P,#!`(#`0`````````'!@@)`"(%`@0*$"`R`S!P$A88%Q$`
M`00#``$!!04$"`<!````!0,$!@<!`@@)`!$2$_,4$"`5%C8A@;$7,,$C)#55
M-QA!(D1D9B@9&A(!````````````````````</_:``P#`0$"$0,1````S^"G
M`!BU&1:>T````'03OP`-XU`IP>!';3'8,G<`CH.:/+R.(R1"C(0#PHR9@`;Q
MJ!3D:A#D3>F'X9(1X&>6E\Q&>0C%T1DH%EI:@:SQ4OX)5238WC4"G(#3G#ER
M,DOP+B3N1*4=1.=(*B2`BU)]SF2D,3LRLCG3>-0*<`````Q\RXLF!(5"],B7
M)O"X0&\:@4X``````.KGS-SZ7)W<`WC4?__:``@!`@`!!0#Z*__:``@!`P`!
M!0#Z*__:``@!`0`!!0#MFOE3>6@$LV_>D_)-W^$D%88!Q.]FCQ['-NB`C.@T
M%"MBSB)WI-^"BU>7UDB?WLV,":.%G"B9B"7]S!,W8%Z]$^'O96$TDI_2K$<O
M2*/Q4EGB\C./%N"3:G$";7@.![-'CUDAE%;[&XB(C`RM)E_4_.1]O,?*;STV
M6_B^/$C,\S1([\S@N5+#_FBKLN6I&ZO")'='P5TP3Y%GBRD[()PWMF*^/#,>
M:9CV'S==]F"=*`BC_#!QZHP@GMMWBVP8HRN#Y2Z,7LI$_P#+TU]T;?\`EAQN
MKD5Q?2)923<2UH\>N7@9#2:!0(`,T*";?[X01LE&[8_A\M&2&$]O&8BKR!Z)
ML%$8JY%D<L.##XNT_2Z'Z#**7P^'Q">Q`Z#FQ=;-6^M](%CP;\V%E3CG].34
M:C3R.3];W9;+*;(I-H"4L#A4PETTB4]6CQ^4YM7F8`[WVDQ;Y!)GBN0CLRK[
MHJ,+)-'QGQ"67`NUF?TM7:V%68@7IH\>EM6U;5M6U;5M6U;5M6U;5M6TN/Q_
M2L#_`#E_40U_'_.;:MJVM/C7_]H`"`$"`@8_``K_V@`(`0,"!C\`"O_:``@!
M`0$&/P#[O4M;>.#\NUAOQ8VKI_U!V78+07(XT-LFR&83\A\:4771:M+%8SZ^
M)ZA9,<*.#+K1&/QQOJJQ>KMWJ^FZ-"D;L7U=7*_I>K7MMN=&(\9JXLYU!P2\
M]7U'"4&8H?JM*E'>V$&R23=+&?=3TUTQC7']"G+K;L2#UC%52XB/I22?RH)$
M`:IV0/D1@,,D5/OF#)0H8(KZ(MF^-\JK*[8UTUSG[N/W_P`<_=E]^])6=%JI
MJ^%#GSP@>DY5HQ5+/F8L@6:Q2)#%E-",PG)]`6LF*"#4W),HXUPBV154SC7U
M`+<"Q>PX2,L"-#Y(TB-L061UI8T<U?:9RH'E\'EC$<=`%V:VFVFZ:J7PU=<:
MJH[JH*)J[^.#Q"<M5X*B<>@/3#/S%]@:,EGI!DK6-8SN3LVJ5EN3SQT^LHK?
M]SRW\.7^O>/GH](>PV^#]'HWRA]H/$"@*W077-UEMX7R3R7'GQ)O/+_FS0C'
MTY<J(3#@Y"\80RIXL>S(I,4710'L!K;":SILJZ;[9D`"RK7E=WW[>UI2+I3I
MBS).\36;2"^K&CT1#S)M!QR:*>(Y6T<8P]@+`C?>5^E'LD\8VQC.$]',%ELU
M_G!U47128UCQG2*;JQ.B+#EI9LP<Q>.K0R),C[^`-)&B327;$#R3)!VUU5RQ
MU>N-=&RA9[Y7(_&H]VW)YXU*`>$>/HR6M2=4;6$T19"JDBETSYG,I=6S&R)I
MH'<R'5)X;%D73$TT3:BO;INFG&)ED0=BZ$GC822_@,P&Y`R>/Z&QC4GJ&E`A
M9578.?%X=?`>MMM]LMW.FZ><YSK[?1B<VA.H;6\)CS%R4/S">R<)#XL#&,],
M*NR)B02%\.$C&+5/_F4666T3TU_;MG&/3U*C9F0[KNDH?"P&LZKY6&2.Q8I/
M;0EK<AF'07-_12+RJGV1@T^8Z([#AK\W)M='*2K<.ZTV]1'R7^;(DA.+['J/
MWE/>.UGN(F/(7)[;(YU"%-,A#DTN2.SZ2RL1'@<F6V'.AS-I(M=G#O\`$G";
M;9C]S'[_`..?N1G-@8.6#?UQ8+!.9N;8*/=OY]>,X8N@@O46V?\`TVT?A45%
M$9*S6+&S#ALV:L<+9;:/7FJ+)>O?,%Y-!QV02Z"VS)L\(<V"5W$2YHI>'PDY
M%C$8N\+$F&VDDLFT=YVQ+M$#<C)D6BS1JGOAIM\$=NR@F]J_G2=6U=!IS%>>
MN=*AC2TSNJ^9>S>@6+\'`8_A9B*10"[25FL0($WK!@U15UUPJHX40;K'M;5A
MD`OWRJ=/]-TF2\I<X@<<>2RC^?:,'"5(=`>0>;W$<F<(?RZXJKIP&)>J[IY.
M`T903)-R!@R]T^&RK*JCP"QKEZ>N2.Q240/G*"#Q@23C@TT>;,8^0L^42Y\*
MB];HOG39PEANNJ[)ZJ(9WW::ML_48G\%<7#-X_7M<Q!`\2Z%-5O(,U7*92\=
MA&C2M:[CX70S=\PE/NNR:JCK2((!/@A'"J+Y=)9HHN:I_GVKNQ.A+-=):#J=
M!P.F0K-E?,W?205'@\+@^#\[83$*Y=M"2II=X?!BFK4*.=[>\H0PU'.I1Y(_
M(BO&K`\F%RQ76+E`T#(IOZ1Y8K`:Y+-(]3/.HYXGHN-7+QA1EM*2;TB64=EL
M+Z-GRB*CMZ3M_I?H\R-\1_CIB7XJ%!PB(K0.U?)_T]M)(_AM"J\8GAJ5V4#S
M6ZM3)15%)^@OB2P@N.4V=9=LL97]2/OOF=E)*#TD0*X;([&\GW0<19W0<I:L
M`!PY,3=<^-F"R08^E%N7`5B3=['+2FDUC#Y@H:0=H1]13":;PC7WF.ZB'6<`
MY8KGI69Q7Q=\6`U["M2PY1T@C(EW6EV6,I]*/6OKNV\)[5A#+1\Z,J0@(T:M
MVF7#-L+9-PDEY8[C\1=Y5=Q7>C400?RNQ^GJ-&2)41%"PNVZU>656U)74.NJ
MM"CJ3P\5HX&C7I(@.+J)-'Z.6.'ZZ,\[:MGC5OF(T.T&2G.A:R>@[=(GY*YD
M`T1!H;'J[F=ME(9))'+YF38"F*!)NF-^,YUW?KMV>KAPG!?-]Y+Z.*N;>/FQ
M?,7AV\>-(0@.J%I"!6V%,SKG:&FH4#`(CHOU%,$&YS4X5=$WC4,U4U0;HX)8
M'"!W&EOW)4P"%TA,+()H]$\V>-RDJRZ1NF'06*EXVLD,L<C=TCL:--S=I,5'
MR(U[%)?H*%LM%%7SQL]R@WQ&Z*CW#(OF:"J05#H<_L9$1WJR_FO-L7E,V836
M?G5JMM%QS_$=4XU!B#UX*R2>["MD-,+&4DU=5<S&T.ACA'F];:;R8;3-783)
MW;;UDUS'10M1&<2^*TP#F`:E#1@UL_03#R(JAIJDUPLB\<MM]'*DQZ2C7-]A
MTCS@6EJHKFR=69)("[E%WQ<"X*Q2=GR,'A<DE#BOGD1LB,D1N473I=!XCA)5
MLNK[JV$_6/W_`,<_<[_1@UHV/=W;';-,6K6'^\WM4P`N.VX<TF]:R6M!<-`3
M,)!X\5@=;*1<[@02;A6V%%1FB2?PEF[-DR1H?D@!(O&URI"J;Y\A=%O+R@BO
M0G5ME/74#AX>##9G7M3RF&<J5]""#EF/R13P9,2I!%YKC15LXT4VVTON'4UT
MQT''NV;\8"QYSRBW"=2O'M@(Q9FP:KL#'+'V7K\K$X@Y@8M:+(C8Z[`Z("'.
M-LJ*N4M5\\U:55U1T35EC4K:A"T)S>T48P]E=$[?N<110$WKN7LT&"5(D*Z)
M1/1]%R"+4ZL((.W#K;5PXV353I&^Y)6DPF1&FZV'P0Q7DP+0X]6W04I:D9>9
M(WGTTU=0+$TN*[Y09F*KDN5>FTF)#9DS258Y0;X1VOZLX-S)`.<WO1@%S&II
M:'.\4AL!M("$?*LUB(:O9"\C,A&P>,F=F.F"`9BQ3#$D_;HY:JZ^[C5=KS55
M:;ZQ".CQ`Y?UHI1V9WV9'D60)H2`YL-O'`:P")$58\V=+!`S<:'W>XV7RU^)
MGWL>B<'LR$Q&Q(4;332,Q"=1L-+HN7225T723)@#[(@)?II+)Z[ZX51WQKMK
MC./VX]"P``6.!@@8YD'"A0[)L,$AQ(QLDR'"A0YDDBS'CA[-'1)!!+31))+3
M7777&N,8]7S9<RCP!US_`.+6I*DYUHBK2XM`K#V755RQV&].2KHN%`5&F8W%
M)I!JTF8F+(ND-/Q%';;XNFR6-4]MC?1/0)$YO'69N/Q&)06$M!1NU+9G\J()
MCX_7=3P\H:`8F4U)8RLZ^C3<IX0',W3Q;=-LV75TI'RA^3V-J5*[IW;,JXG\
M<"+Q"713FLH1'OQKRT^@2DHB([:<]".WR`XX&48,0VT3=L&*N?[\AJ@Q-RR7
M'@L6BL9$D#TDDTC*,0D?CX(0T5?E31LR37:CA(D8Q0W6<.5U$T44M-M]]L:X
MSG['8XBT:D&!!JX9/V#UNDZ9/63I+=!TT=M5]%$'+5R@IMHHGOKMIOIMG&<9
MQGU;GC\XJJ^L.7?&CSE9`89Y++MYXKB(5$?ZOO\``.24GBG+M1FHC72L,D@J
MEY2!8%IV_(KN'*#LFQPDV;Y19N"@2(0V/`XE$XR*9`XY&(R)8`H\`"C4-&PX
M0%#"T&@X8,8-$M4T4$$]$DM-<:ZZXQC&/LQ^_P#CG^FZ9OOQH3GA654;V8ZJ
MZ96)6W9:=LMB%673"*RC%.EIM$5ZA!,2I&,EX578911-P7?;9=J+::#=,):K
MK0_OKO&Y"'7OD1"0)Q"@5B:#AL,I3GJ.'F9M*05[SE6<;"1AHV!):2TJQ_,!
MY!Y(B;-THHKLW4<.--_70):JX^^E7Y)-U!9MG`12'U)=Y2M7VU#K!M)9BA\1
M+XJ0N,QM1X^Q[^OL&-W.?;^ST)OMCVSRRWIPTW;KL;!.7G7,9C^BKE1-#062
M6DDA$KA9`D\5U;+#'B;<BW=_V"J.BV,IX'T3P-';"YW\;4WT<`>H^_+6B:=8
MS;H2F)(@S"S2KN%H'8L3D\N=:V)7$M6786*4C@\6T7;K:-W"+ELFD_KGF[GV
M(MH;5]9`&0,*QTPDL4+.$44]24GE)31%NH=ETC>:[.B+Y37&[ERIMM[-=?=T
MU^S'[_XY^WYOKYOKYOKYOKYOKYOKYOKYOKYOKYOKYOKYOKYOKYOJ7_I;]+R#
M]<_%_)7^$N_UA_XM_F'_`&GQ/13\._\`R(_S>_$GOUOY@_\`JI_M&^)^#:_$
M_!?S3_Z.^WZ3V^[]!_9?4>Y[G]Y]GJ`?HG]%13_33XO\M_\``F'^G_\`P_)/
8^4^S_H?A>OF^OF^OF^L>S^O^O]OV?__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>daxor002_v1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 daxor002_v1.jpg
M_]C_X``02D9)1@`!`@$`2`!(``#_X0=217AI9@``34T`*@````@`!P$2``,`
M```!``$```$:``4````!````8@$;``4````!````:@$H``,````!``(```$Q
M``(````4````<@$R``(````4````AH=I``0````!````G````,@```!(````
M`0```$@````!061O8F4@4&AO=&]S:&]P(#<N,``R,#$T.C`Y.C(T(#$R.C(R
M.C0V``````.@`0`#`````?__``"@`@`$`````0```*^@`P`$`````0```"0`
M````````!@$#``,````!``8```$:``4````!```!%@$;``4````!```!'@$H
M``,````!``(```(!``0````!```!)@("``0````!```&)`````````!(````
M`0```$@````!_]C_X``02D9)1@`!`@$`2`!(``#_[0`,061O8F5?0TT``O_N
M``Y!9&]B90!D@`````'_VP"$``P("`@)"`P)"0P1"PH+$14/#`P/%1@3$Q43
M$Q@1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P!#0L+#0X-
M$`X.$!0.#@X4%`X.#@X4$0P,#`P,$1$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,#/_``!$(`!H`@`,!(@`"$0$#$0'_W0`$``C_Q`$_```!
M!0$!`0$!`0`````````#``$"!`4&!P@)"@L!``$%`0$!`0$!``````````$`
M`@,$!08'"`D*"Q```00!`P($`@4'!@@%`PPS`0`"$0,$(1(Q!4%181,B<8$R
M!A21H;%"(R054L%B,S1R@M%#!R624_#A\6-S-1:BLH,F1)-49$7"HW0V%])5
MXF7RLX3#TW7C\T8GE*2%M)7$U.3TI;7%U>7U5F9VAI:FML;6YO8W1U=G=X>7
MI[?'U^?W$0`"`@$"!`0#!`4&!P<&!34!``(1`R$Q$@1!46%Q(A,%,H&1%*&Q
M0B/!4M'P,R1BX7*"DD-3%6-S-/$E!A:BLH,')C7"TD235*,79$55-G1EXO*S
MA,/3=>/S1I2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V)S='5V=WAY>GM\?_
MV@`,`P$``A$#$0`_`/54DDDE*57J5>?;A65=.N9C93X;7?8WU!6"X"RUM7T;
M+65;W4M?^B];T_5_1JTDDIXV_'JZ3U:NO"%CK\7]GNR^HW7NLOO^VY/[*^S9
M>\.]:GT&9&2VO]'3C9/H?9JJEU]EM50W6/:P")+B`-3L;S^\X[5YS]:.H4.Z
M+UW.9<<?]I=19C8N4';7;.G5,OW8[@1]/-P<RC'_`.&O1\Q^&ZWZM=)>YM_4
M.FU5T]1M:7655V!N/B8U&;Z5E'VMK>OOZ9=;B>MZOZ/U;?3K?ZB2GIL[ZSXW
M3^NNZ7E&=V-7?CU5,?;D6/<_(98RK'H;;98RNO&]1_L_1K<7EW6>CY1S>H=*
M.5=&?=CMZKUK(+17Z-./D=2RV/\`>UU5FUV^G#QZ:\*O'HH9=9_.+K>C9.;U
M;K;\M[KZ.GX6-1]DQG%[-S\JMN1<[/:7;<F_&J]%C/\`!T677?X;](DIL_6C
MK+^FX[*:;11=<VRVS)<TO%&-0T/S<T5[7MMMKWTT8M+_`.<R\G']EM7J*]T5
MV<_H^$_J((SG8];LH$`$6EC3;N:P-8U^_P"GL;L7%_6?+PV_XQ>F_M&ZQG3\
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M=4^L-U.*UU'3L-F?;PZ,US\WJ5EL6@[LMS?0L99O_5Z_097Z;/378KG/K?\`
M^)[K7]&_F6_3_L_TO_T0DIUNBXK\+H^#AV:68V-32\<ZL8VMW_4JZDDDI222
M9)3_`/_9_^T+\%!H;W1O<VAO<"`S+C``.$))300E```````0````````````
M`````````#A"24T#[0``````$`!(`````0`!`$@````!``$X0DE-!"8`````
M``X`````````````/X```#A"24T$#0``````!````!XX0DE-!!D```````0`
M```>.$))30/S```````)```````````!`#A"24T$"@```````0``.$))32<0
M```````*``$``````````3A"24T#]0``````2``O9F8``0!L9F8`!@``````
M`0`O9F8``0"AF9H`!@```````0`R`````0!:````!@```````0`U`````0`M
M````!@```````3A"24T#^```````<```____________________________
M_P/H`````/____________________________\#Z`````#_____________
M________________`^@`````_____________________________P/H```X
M0DE-!`@``````!`````!```"0````D``````.$))300>```````$`````#A"
M24T$&@`````#2P````8``````````````"0```"O````"P!D`&$`>`!O`'(`
M,``P`#(`7P!V`#$````!``````````````````````````$`````````````
M`*\````D``````````````````````$`````````````````````````$```
M``$```````!N=6QL`````@````9B;W5N9'-/8FIC`````0```````%)C=#$`
M```$`````%1O<"!L;VYG``````````!,969T;&]N9P``````````0G1O;6QO
M;F<````D`````%)G:'1L;VYG````KP````9S;&EC97-6;$QS`````4]B:F,`
M```!```````%<VQI8V4````2````!W-L:6-E241L;VYG``````````=G<F]U
M<$E$;&]N9P`````````&;W)I9VEN96YU;0````Q%4VQI8V5/<FEG:6X````-
M875T;T=E;F5R871E9`````!4>7!E96YU;0````I%4VQI8V54>7!E`````$EM
M9R`````&8F]U;F1S3V)J8P````$```````!28W0Q````!`````!4;W`@;&]N
M9P``````````3&5F=&QO;F<``````````$)T;VUL;VYG````)`````!29VAT
M;&]N9P```*\````#=7)L5$585`````$```````!N=6QL5$585`````$`````
M``!-<V=E5$585`````$```````9A;'1486=415A4`````0``````#F-E;&Q4
M97AT27-(5$U,8F]O;`$````(8V5L;%1E>'1415A4`````0``````"6AO<GI!
M;&EG;F5N=6T````/15-L:6-E2&]R>D%L:6=N````!V1E9F%U;'0````)=F5R
M=$%L:6=N96YU;0````]%4VQI8V5697)T06QI9VX````'9&5F875L=`````MB
M9T-O;&]R5'EP965N=6T````115-L:6-E0D=#;VQO<E1Y<&4`````3F]N90``
M``ET;W!/=71S971L;VYG``````````IL969T3W5T<V5T;&]N9P`````````,
M8F]T=&]M3W5T<V5T;&]N9P`````````+<FEG:'1/=71S971L;VYG```````X
M0DE-!!$```````$!`#A"24T$%```````!`````$X0DE-!`P`````!D`````!
M````@````!H```&````G````!B0`&``!_]C_X``02D9)1@`!`@$`2`!(``#_
M[0`,061O8F5?0TT``O_N``Y!9&]B90!D@`````'_VP"$``P("`@)"`P)"0P1
M"PH+$14/#`P/%1@3$Q43$Q@1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P!#0L+#0X-$`X.$!0.#@X4%`X.#@X4$0P,#`P,$1$,#`P,#`P1
M#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#/_``!$(`!H`@`,!(@`"$0$#
M$0'_W0`$``C_Q`$_```!!0$!`0$!`0`````````#``$"!`4&!P@)"@L!``$%
M`0$!`0$!``````````$``@,$!08'"`D*"Q```00!`P($`@4'!@@%`PPS`0`"
M$0,$(1(Q!4%181,B<8$R!A21H;%"(R054L%B,S1R@M%#!R624_#A\6-S-1:B
MLH,F1)-49$7"HW0V%])5XF7RLX3#TW7C\T8GE*2%M)7$U.3TI;7%U>7U5F9V
MAI:FML;6YO8W1U=G=X>7I[?'U^?W$0`"`@$"!`0#!`4&!P<&!34!``(1`R$Q
M$@1!46%Q(A,%,H&1%*&Q0B/!4M'P,R1BX7*"DD-3%6-S-/$E!A:BLH,')C7"
MTD235*,79$55-G1EXO*SA,/3=>/S1I2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&
MUN;V)S='5V=WAY>GM\?_V@`,`P$``A$#$0`_`/54DDDE*57J5>?;A65=.N9C
M93X;7?8WU!6"X"RUM7T;+65;W4M?^B];T_5_1JTDDIXV_'JZ3U:NO"%CK\7]
MGNR^HW7NLOO^VY/[*^S9>\.]:GT&9&2VO]'3C9/H?9JJEU]EM50W6/:P")+B
M`-3L;S^\X[5YS]:.H4.Z+UW.9<<?]I=19C8N4';7;.G5,OW8[@1]/-P<RC'_
M`.&O1\Q^&ZWZM=)>YM_4.FU5T]1M:7655V!N/B8U&;Z5E'VMK>OOZ9=;B>MZ
MOZ/U;?3K?ZB2GIL[ZSXW3^NNZ7E&=V-7?CU5,?;D6/<_(98RK'H;;98RNO&]
M1_L_1K<7EW6>CY1S>H=*.5=&?=CMZKUK(+17Z-./D=2RV/\`>UU5FUV^G#QZ
M:\*O'HH9=9_.+K>C9.;U;K;\M[KZ.GX6-1]DQG%[-S\JMN1<[/:7;<F_&J]%
MC/\`!T677?X;](DIL_6CK+^FX[*:;11=<VRVS)<TO%&-0T/S<T5[7MMMKWTT
M8M+_`.<R\G']EM7J*]T5V<_H^$_J((SG8];LH$`$6EC3;N:P-8U^_P"GL;L7
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M_5Z_097Z;/378KG/K?\`^)[K7]&_F6_3_L_TO_T0DIUNBXK\+H^#AV:68V-3
M2\<ZL8VMW_4JZDDDI2229)3_`/_9.$))300A``````!5`````0$````/`$$`
M9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P````$P!!`&0`;P!B`&4`(`!0
M`&@`;P!T`&\`<P!H`&\`<``@`#<`+@`P`````0`X0DE-!`8```````<`"`$!
M``$!`/_A$DAH='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O`#P_>'!A8VME
M="!B96=I;CTG[[N_)R!I9#TG5S5-,$UP0V5H:4AZ<F53>DY48WIK8SED)S\^
M"CP_861O8F4M>&%P+69I;'1E<G,@97-C/2)#4B(_/@H\>#IX87!M971A('AM
M;&YS.G@])V%D;V)E.FYS.FUE=&$O)R!X.GAA<'1K/2=835`@=&]O;&MI="`R
M+C@N,BTS,RP@9G)A;65W;W)K(#$N-2<^"CQR9&8Z4D1&('AM;&YS.G)D9CTG
M:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2\P,B\R,BUR9&8M<WEN=&%X+6YS(R<@
M>&UL;G,Z:5@])VAT='`Z+R]N<RYA9&]B92YC;VTO:5@O,2XP+R<^"@H@/')D
M9CI$97-C<FEP=&EO;B!A8F]U=#TG=75I9#HU.#<Q,3=E82TT,V(W+3$Q930M
M.&%B9"TY-#4S,V0U9&(Q.#0G"B`@>&UL;G,Z>&%P34T])VAT='`Z+R]N<RYA
M9&]B92YC;VTO>&%P+S$N,"]M;2\G/@H@(#QX87!-33I$;V-U;65N=$E$/F%D
M;V)E.F1O8VED.G!H;W1O<VAO<#HU.#<Q,3=E."TT,V(W+3$Q930M.&%B9"TY
M-#4S,V0U9&(Q.#0\+WAA<$U-.D1O8W5M96YT240^"B`\+W)D9CI$97-C<FEP
M=&EO;CX*"CPO<F1F.E)$1CX*/"]X.GAA<&UE=&$^"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H\/WAP86-K970@96YD
M/2=W)S\^_^X`(4%D;V)E`&1``````0,`$`,"`P8```````````````#_VP"$
M``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$"
M`@("`@("`@("`@,#`P,#`P,#`P,!`0$!`0$!`0$!`0("`0("`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`__"`!$(
M`"0`KP,!$0`"$0$#$0'_Q`"<``$!``("`@,`````````````"0<(!@H!`P($
M!0$!`````````````````````!```@("``0$!P``````````!P@&"00%`#`"
M`R!@`1@1(1(3%1<*$0`!!`,```0#!`@'`0`````%`P0&!P$""!$2$PD`%!8P
M%1<8("$Q82(R(R0048&AHB4G&1(!````````````````````8/_:``P#`0$"
M$0,1````[_``!'@X,7`-=38(^P87-!RKQI\;A@`````U(.LF60)<GZI=8C"6
M",O'`2>Q6PV'````!'DZJ90(IT:0EP#KBG9>."$"R*!;`[CP````(Y&0C<4^
M1E$YF83,V$I2AQ)`V`*=@````]1[0```#4LU?*J``\'_V@`(`0(``04`\W?_
MV@`(`0,``04`\W?_V@`(`0$``04`\,W61IGL-]<I4%OJ2.&H8C1JL%^WW^GU
MZ^&'.P^64)H$V;.'%D.KT^KI1D_R-HP/S'U.'<69);#73Q:!8=;D[3-I%#K1
M72([H0NE<X"/'LT51\QRY!9_I/?O7IMN:V5'D"I@)Y3IGK*FT/SQG6U7BA5I
M[!&%PQXU8!*IVY5R\;))K#5V[KKTRUMMF++'I^"V^$3B)L'%0<.A4$XJ<438
M(I7=?-%C\?;SPPP37[#6VL:_%F"IWGV;ZLOF195U:<36C_S^C&>R:Q3E6[Z^
MTXF0Q?:>T;"*F8JNAKL'#*59?<G+CH\@<1WG&0N@5RV%XL=K`B%A&Y$P<%P)
M'+E[7&B-H2[;7MSNT7E=7V>5O?;5[TJSOPO[)\'S^/\`_]H`"`$"`@8_`%W_
MV@`(`0,"!C\`7?_:``@!`0$&/P#]&T=>D[1MCG#AFOIZ9@U3\TT'.S50V5U(
MP`-$0D@M;I*\Z^-Z62+J.6&E2&(U#XF5C:CT/EL],+[+>#3-.AN6&U@QGC3J
M/G7HVR:AJ>PC$EDS>N9;Q7TC7_/<FGE8$)!*IVXB]6](1&Y@I@<$0))B?1!(
M%F[%B2,&MWGP9NN2A'TA"`I94\5="AKQD/>K*VM;L$J)@X0=D=TF.NPTE/$7
M64U-M,+Z(;)8WTSOC?7*.ZB7S.N,;[HZ;?QZ)*;*ZI*;:9VSOA-3*&_EVSC&
M-LZY\/V9_P`+,ONU2+D9`:KB1.72'<>S^]#)!-AIIH/CT:#:KMEC\ME)==N,
M$#DML+D2CQNV2_J*Z_'8-*].0^GH#)*<@_*EK":VK$L6E$IH5MTRQNPDSYTO
M&;K$7$8F]R0F$5;'Y&8?@FS83JO,-FS3=Z/;L"#K./V>.,X\?#&?#QQX?LSX
MXS\+WD81C2<<F-R=$L*C=Q=F19M#]%06^+$KJF)H^R1+F,O"L_KN),#JKA#=
M!JMJ1TV2;H:_T]?M.M^A&KI%F3IKG"Z;%`[N'.S/1S*(Q7QXE%!J;G1VP6T=
M%I*BT;(:IKI*[K*::I[8WSKGX]F[1E7REM26IO;SO3FS,+1++QZ/.Y`I,O;-
M1F$[G)`:@]=BF#L17TF59N46+Q3>0.FZ?H9156W2JXU0T!:64]Z2>R;D"J1[
M82-<FHCW)=RT8:<=S62K'#8T4K2R;D5*&TE;?+.'.Y%01HGG711?7:C/;;Y4
MD168HV#V=R1RUUC[F<2C@R*TY6=^128A[E=QCG&.O)HV<VW;H<Y2SN2'V`(B
M2#0L>S1%O7ZCPAJJQ]Q2A:6JJ:2V`5G`M1UI>X%?71<UO3IF]K.Y_M8E419]
M?#N225_#X3%)>4>R):#CA(F.))"H@0(;H;HE$4F/3,/HV/GY=3_-TLC];+=.
MBR,7)4Q:-KKATSU@U]6+X<8<&)"M5+4B.0*$]&VPQ5X\W316VPEINO[7,=)0
MV9V.)D_9#?HD[64'*+C"MK_E&9`))6E9N\I>JBJ.-W]9</)Z^J@\PDZ")+ZM
M76R&$-UG=LD$I1U9T9+B_2?9D\T>)D$9-TE:#8<1G`6-+H:Z-&=9UCJW1B\3
M8M=$6C0$)0VT2U566VWZIZ"$I).#E-<\7%9$:9+>?.I.71."&BL0#:ZI8RJH
ML:DZ#1HGKKX;;;KXQC]?Q6C*RC;D57?'W,54P0R_9,LDSQK-:02+0,6#C@1/
M?+J23F=GVC<:)&H9V=E3)!!LCYEU],9OWFGLJOZ1IT@DS82"CXG3LJ(3]_4^
MD2&5KO==4]1VF:(BH:3MB&2/HNN`";F*,-XXXEI,H#;NW#X4[31OCF>!V.(/
M7ES-I7RMV5ZDD_:EX6C:,91E\)<;J/6C9B::DP;C3=54>JZ29K;80<[)+YPG
MG[+G;C2!5S)I?'.T.O:)J.\9:-'9=QBN.>H9*$KTN@E+G22^KA@G)X#53T2T
M\VFB#K=RHWV<H+*M\*GN8;+306YKI:?\,\\W[T-N0W>5;3T&C5P3?H#K0"9)
MAAIC9G/9D1;1N)MFVV4U4R4*(-/3W7QMKFIV%:UE.^>HAPMS9<_O@4^%L=-\
M,O.TI)RPF\B?,CZT:D6!K@JPKZY[#=&FX4,Z,NIF]`-""Q%B!W43;_'LOPCA
M"YXOS'"["[<BTUYQM>DJHKV01B&56P]OGMR:-W=<5?)`Z-<-FA^(NL#F:;L?
ML@,W):N<LU=V_H;5YP[S9C!.X*P,]"]&^[_;CEJ25/S?H:-V99]&TOSC;4M&
MJYU$O[&GR967:Q_=5/1.$0G.^[;=*2+N77)W+L@$C`DVK6IA.;-'AW:),<E;
M4N>$)Q:6[<LVW50,)_74E?IIND]LIK))ZY3\$_)KCVA:HH*OA]NS+F2`$NX`
ME4FY>S@0JQ\5E<[2Q)77[69&!9.,Q`]80OG1H%8/S&$1&A%ZUP[611\V_P`<
MQ!>B^,C]>6E?"UR&+5:U98\1M>H>28U!VKT]!`ELV@LYC+F6SV>L2`H0U3BX
MDB.<&?O!7"[=DUTW5CE6N-U%$[MZ\X!ITD-;>978S%9GW'STG:`5?5+.<[C7
M52LS^7N/#./DM%?'^'Q^.1.,N*YM<<R.Q?KY246A9?,=.-KN:E;]Y[BVDSKK
ME6LC<F'$:1F-[`IS*@\B,8>;OV%;.V`LR0UV=L,C]H;R5,@1*YYGITA[8E-=
M<7N],,3E7UJ)`664]S"SN8JH0+BPIJ3$Y_(:H"RF22'"[@T8D40E1XI]XJR%
MP1SU%W[.-Y&.+^X=0MD]9MH:93:[-H=2-O==&`?*;#*FC!5VB9(0BGY"^SIE
M_NCL%="\:I862<>3[*HN;/;+:QNM7-]R*5@>A^S#LQ"@W_*=7@V8!R@YB$<7
M<8EI.9VADF^:,BP1F1>AM!:NJ.K!V]:&!U8<C%:;CMI1"`6/`KUD<JG#13>:
M6]T9!#+>5-KTM(V->H/Y=*B$EU5]1F_<.QFH93`79%05K\KM;?0B\7P4LB[Z
MEK^C[%>FGK@N(,UI6Q.?E0,<0`O\K#1S-\YLHE@GHCIJF1UPAZVNV4O';FIV
MG5\?&8X\>K/>9Q\=W(Q@'4.%JI/4C@;&X['7PL$M'VM6R9V);C'C9T/:I915
M11T<-FRJ4QDT5AL6C4CL4VRDUAG@,?$"#4^D@V/"8B-D,U*,6:!"4G1\4`,1
MB#M\HNX2'LD&^N^$DM--?@3U:Z@(Q?H0'3Y6@Q-EJ.R^2K.HS<O'3TG#TQN"
M.(]L@XE@I%WAULSR^2\5$DU]45EDU/BB%9M/[B:0:"VG`C-MTV#Z`M.MZ?M:
MMHJ^D1==N8B$&=)^%BCR9C38<9&K`RFR>NJ2Y'R-F?H1.H::@47K"KX(*^Y(
M?`H2'9`(O'QGKKN54!PH>BBW2W>O'*KETKG&5G3I95=;=1953?;VEZCK&EQQ
M]:S+I["ZVN5W#VHJ,ZC9!6'*0OF8=?UO/6D>?:R9P%@MU;`V3E^HD^>/F@<>
MBZUPFBGCW(I2W8.?DJEI/@+EU4NOZFR"LK`"ND.GI(-9[*-=-<X:Q?JV,JJ^
M"RN<[+:^;73PQG?[+]?I_P`WZ_'P_F\<_P#+S_[_`+_LJ\^^OE/SB?EDN;\.
M_/\`6WS?Y:?Q7H_\8O)\O_YM\O\`B9]%^;YK_OO'Q^4_LOG_`(]UOT/Q$^K?
M_J)9GUM^)GTQ]Y^M^6CE3Z+^D/IO^I^%GX:_<_T]\_\`W_RWG]7^+]']W^O^
$7Q__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>daxor003_v1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 daxor003_v1.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D
M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`,
M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\``$0@`.@$L`P$1``(1`0,1`?_$`'4``0`#`0$!`0$`````
M```````#!`4&`@$'"`$!`````````````````````!```@("`@$#`@0$!`4%
M`````0(#!``%$1(3(2(&,11!,B,544(S-&%Q-3:!4R06!Z&Q8F,E$0$`````
M````````````````_]H`#`,!``(1`Q$`/P#^J<#`O[>WLKCZ;02@2(2NTW"!
M7CI#U!CC[!TDN-Q[8R"L0_4E']..8*WR31:RO<CWU.FXWUBYJZ[VZRAIV@CM
MA'4A@P\:P6)O+P.?'V/(*@@.HP&`P&`P&`P&!']S""X9NGC=8R7!0%GZ]0I8
M`-R7`]OX^GUP)%964,I!4CD$>H(.`P&!%9MUJL33695AB4,S.Y"CA%+M]?X*
MI/\`D,"7`8'DR1B18RP$C`LJ<CL54@,0/X#L.?\`/`]8'F66*&)YIG6.*-2\
MDCD*JJHY+,3Z``8$=6[3MJS59X["H5#M$ZN`719%!ZD_5'5A_@0?QP)L!@,!
M@,!@,!@,!@,!@,!@,!@8_P`CV&RAB@U^IC+;79,T4%@@&*JBKS);E!_,L0(Z
MI_.Y5.55BZA+IEIU&EU%&I-%4H(A%J3EHY9)6=I`)9&:6:4$=YI&YY9_5F?O
MP'AK=2Y\C%"*XWW&IA6U<IH"!_UGDBKL[=>&](9O8&]/0D?EP-;`8#`8#`8#
M`8'QT1T9'4,C`JRL.00?0@@X&-L(8-'6M;:"PU2A6$MW95RKSQ-%'$#)X8RP
M\+<1]AX^%+%F969N<#1FV>OAI+>>=#5D"F*5#W$GDX\8CZ\ER_("!>2Q^G.!
MD?+:%[8:JW6BV-O6BU7FK1O25O,CNK#[GR1+)*&B5>\2H4Y;VL3V``5VU]'>
M;M9;,!>6L()+*-*PDHR1B.>&H1%(\0ED:0R3&-O?&$23O&R8'48$=J*26M+%
M'*T$DB,J3Q]>Z%AP&7NKKROU'*D?X8&5\6EU\E&8P4X=??\`,YW%.(#LMWT$
MK2-UC>3R<!DE=09$*O\`0C`T[ERK3KM8LR".)2J]CZDL[!$10/5F=V"JH]6)
M`'K@9FYCIM/#^ZR^2G885:FJZL1/8D65'$BH6\Z&%NW1EZ(%:1OR]D#PBWM=
M4BH4Q!9WEQC-<L%7CKAV9?N++*7EDZKVXBA\A)]J=E4%U#:C#K&JR-W<`!W`
MXY/'J>/PP*XV=`[`:_S`76C::.$\@O'&P21DY'#B-G4/U_*67GCL.0M8$'W]
M+[[]O\Z&\(O.:P8>01%N@<K]0I;T!_'U_A@3X$7W=7[E:OF3[ET:18.P\A1&
M"LP7GGJK,`3_`!.!77>:5EM,NPK,M'D76$T9$/"ACY?7V<*P/N_#`K6OD^JB
M2J87:XU]%DUBUP&2WW4NJUYF*0.QC5I./)^0%_R@G`N#8(E"*Y;C>F716>M+
MU>5'8<^(B%I5>0'V\1LW)_+S@<U\?WF\^2;&ZDL2:[5T7EKV88Y1)9:;LO6*
M0JC+&5C_`*G5PP9N%!C$<\H=?@,!@,!@,#D9+M&U\TOOKK$=C?:ZM'K8Z<_L
M$`E>"S=EC#!6E"PV:CR"-N#[$)5B,#I=GL:6KUEO97I/#2HPR6;4I!;I%"A=
MVX`)/"J3Z8'E+,577RWM@Z5(U5[-J2;I$(HP"WZK!F3]*,`,W;CTY^F!0^]V
M5[:?8K&*]`1M+9=EF$SP2ITA"N#!X)6E$AX'D*H@[=&<=0T34E24203NG)'D
MBDYE1O6,$^X]E(2,A>K!>6+,K'`]W+<-.I-:F#F*!&D<11O-(0HY(2*)7D=C
M^"HI8GT`YP*VBV<NSU4%Z6LU227MVKL0W'5RG(<`!U;KV5AZ,""/3`M6[*UJ
M[3,I?KP$C4J&=V(5$4N57LS$*.2!S@2*P;GCGT/'J"/_`'P`92Q4?5>.?^.!
M]P&!B_+(TO:>WI1#):?9UYJ\T$$D<<RUY4,4DJF1XQ[>X_F^IP%V*C01]WO9
MXYVI.TM5RG6.#L7BB$$;-(?.T4WB+@]G+$*%5N@#%2#;+6?Y!OXO<"DU;X]"
M_(DO,RI65Y+$GCY5O''`GZ<?D+3NHD=1"'1_']9-K]:L=F4379G>S=E5>B&>
M=C))XT]>L:LW5`23U`[,S<L0T<!@8'S2O?&GDV>MV*:N_JE>U'9G025FC1>T
ML5E&>'F)U7U(D0J0&[>G!"?4K;V$J[BQ,14FC_\`SZ"]0J12>-_),R231S2%
MH^R.O`56Z@<\LP8FV^3:NH]O?[L?;5M(EV364;"1K.XI_H6MA&LI5^/U?#&R
M]>4?ZMYE&!L_&=+/12S>OR&QMME*\UB:15$D4!EDDKT@RE^8ZJRE%]W!8LXX
M[G`BW>]>/8-JH8[L9B@BN3W:D!F(#S^.."/M%-&[RE'#C^1/=ROHP#5HU4C[
M63&T4]A8_+$S=A&$7@1KP2H"^OY?3DD_C@9NZV^P781:K5K')9:/SW9`0\T$
M1)\76$]5[6/%,D;RNJ!D)]_'1@^C5W*FODOI##<^1P5+$=24J%!:1C-X^>4`
M\LBQ^9EZ!RH;JH"A0ITM;L-EL$V.R&UJ,%910>U#!5C9"B=E2C*[OY.ID7RN
M_`8@]?10'IZ.XIR2PTHZB3VY[$RVA&8Z<'D):*::LC))8L-(R*P,H[]6<-'S
MTP.6BN2WMMO/D'QS8V]V]<BE6?F*Y6@Z])[;P112QQ@^/Q1QCH)>W,G69&'(
M=5I:$](BQ0IRRF^Z/:FORF(I$D:Q=E4B>P\CB-6XG]_'M=UZ(BA!IZ7R*WNK
MMW>P<FM;9M&LD=<5J]<235P\/CEGF:U+6Y9Y'Z`+($51^J"'CXXA^':+]GLZ
MZP-5JB8M?<J1O>::!F!C+P5U>P)?>1)Q%U]I;D`\`+N\^?\`Q31;&AK=M;DJ
MW-GW^PC:M982^(=I.'2-D]B^K<GT'J?3`EJ?.?A=V:K#2WM"U->4O2B@LQ2O
M.@D,1>%49C(JR*RLR\@$$'Z'`E3Y"9B?L]9?LJ%#=S`*P)(!Z@7&K-R`P_#C
M\.>58`)8K&^LK-Q4BH*?2L\\GGD'M^LL,75/S?0+.>1Z\@^F!#L:LBT9[.WW
M+5*5<3S6Y("E*%:P8NODE8O+'XHE]\BRKR>S>T<*H?GGGV?[5_WY^\;'_MW[
MK[O[CS3?Z']GS]]]KU\??S_K]/M^/%[?'S[L#0U)WB?^0MU\HN4V-*G6_:;U
M2K&9IXY1''L5L*H+22K]M-'79(.[-*O*)PQX"WJ?_(GQ3YG<CEHWDC^.TI`3
M8N!Z+VKT<B/`M=)GAF,<#1R>7O"%9^H5CTD&!>^1;K8;3<U?C^CJ"=D`NVK]
MV.6.BHB,3UVC8JGW?5Y5EXK2'AHQ'(T?D[`.CT^GAU<$J+*]FQ9F>Q;NS+$)
MIY7X4-*8DB5BD:I&OM]$55_#`K;WY;I-+!)):F,DD<D<+P0#R.LLX)@27CVP
M^4KU1IF1"Q"]N2,#GJ%S:[+;UHOD,R4YI?>-5%))"*;RUYO%56U"P6U=:%Y'
MF"R%8U1&2,>DKATES?,(ZYU-.3;M;_I2UVC6LB>J^66P[!.BMP&$?>3\51N#
M@<3!\QE^1P0)4B2T=A+'K;UJD+4AK46X6:[UB;F!;KRI]IPW;PLEIF:-'6,.
MHW.[VD57:T?C&HEL[BM6GFJO/":U`VV5WA1I93!Y?+*/=X2W'\[)V!P+.@BO
M4X6JSPW9YBQDEV-QZH661E5B0E=R(UY8KU2,#D,?7GLP7*FND2P;ENP;-SJ4
M5@/'%&CB/ND48)]K-$'Y=F;DGW=>%`2WAL6CC6@T,<AD7RRSJSA8@>7ZHI3L
MS<=1RP"\]O=UZ,$6IU%;6P%$9I[,O#7+\W4V+,H'!DF9%12?X!5"J.%154!0
M%*YH/W7=06]O%%)2U,RV--`&+_\`4=`#;E#(O22/L\<2JQ`4EB26`C">[`]W
M<5(/*4KZ\B[/$K+^L["2*%)$*MRBMVEYY4AT0CZ'`U,#/M[J"&9JU>-[U].I
M>C7:(3+&SJID;S/$H5>_;U;DCGJ&/I@:&!RWRFI\CV6UJT*=4?M48@GL6YI1
M'"76Y$[=/"WW/W$$43-"O7Q,S\NPZ!6#1VGDIU*&JUL746'2JG"6"D=>-"T@
M\L`_1)C0HCNZ\,01V;A&#+O:2OIOB0E&M.QM:^#7O/3K>>=I$U4B3*E6.20N
MSIT9H5+<L_';L2>0VZFV;8ZI+^MK2GRDB*&_%/KW]KE&,D<\0G3Z$KS%Z^GX
M'G`R;FH^4CY#K]Q6:A:Z5Q6OUIO+`![F8RP.!8X8=_0%?4`@GW`H&_&+[EO-
MXX5Y8*(R9&*_RMV94"G^*]3_`)G`I'XQIC?DV`CE2],.L]J.>>.21`251V1U
M[(A9BB'VIR>H')P+0-&P]BLDB3R1<QVH#)Y`GF`?K+&2>.RMR`1^7Z>F!:"J
M"Q``+'EB/Q/'')_X#`Q/E^QM4-8'UL4$V^M/]GI%M),\/W4P)4R_;I)(L2!#
M)(1Q[5/J/K@6_CFD@T>BHZB&5YTI0K$;$IYDE<#EY7X].SMRQX]/7TP-'`8#
M`8```?\`KZ^OUP&`P*E_4Z_8/7>[")_M7,D,;EC'V92G+1\]'X!/'8'C\,"W
M@9<GQ^*38V;+V9#2NQ]+FI\=;[69^JH993X?.[&-%C(:7KU''7`T8((*\$<$
M$:PP0J(XHHP%1$4<*JJ/0`#T`&!0VWQ[5[6Q1M6D<6];*9Z-J&62&6-R.&':
M)D[QN/SQ/RC\#LIX&![ETE*>]]Y8:>=_%X?`\TOVW3L'Y-8,(&?LOYV0M^'/
M'I@?)-!IVUJ:Q*RUJ$<L<\<%4M659(IQ85E\!C(_57LP^C>O;D$X%V&&&&,1
M0HL<:_E1`%4<GGT`P/>!6UNLUNLI14-;4AHT8`1!5K1K#$@)+$(B!57U)/H,
M"S@,!@,!@,!@,!@,!@,!@,!@,".S.*]:6<JSB)&<HBL['J.>%1`SL?X!02?P
M&!!J:\T&N@2<`66!EM`%BOGE)DEZ]WE*KY&;JO<A1Z#T&!;P.?UD-3;_`""Q
MOF1F&N\VJUID4J%*R`7I4#!6_4FB6+UY'$79#U<\AT&`P&`P&`P&`P&`P&`P
M&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P,O>DN^LJ"1XEM7HPSQ.T;\5T>V%
M[(5/5S6".I]&0LI'!P-3`Y[YE8OS4?V'46!6W>X1XJ]@$AJU=2B6KB\$-V@2
M4=./K*R`\`D@-RG5BJ5(:L1=HJ\:Q1M+(\TA5`%!>65GD=O3U9V+'ZD\X$N`
MP&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P,_;/3CL:R6T
M%`2V%AE9F4)+)#+$GT!4E_)XP&(!+>GNZ@@WV\IZ77FW8269F815JE9#+8L3
M/^2&&,<=F;C\2%4`LQ559@%;XWK=A%$^RW!1MY?"M:6/^G70>L=6+EGY6+GW
M-S[W[/PH(50V<!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,#,^3_P"V]I_=?VDW^G_WG],_VO\`]_\`RO\`Y<8'(_`O]QR?ZK_I,/\`
@N#^]_O;/]+_#_G?X>'`_0<!@,!@,!@,!@,!@,!@?_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
