GRACECHURCH UTG NO. 238 LIMITED

Company number 04080158

Deed of adherence ("the trust deed") made between the society incorporated by lloyd's act 1871 by the name of lloyd's (the "society"), the company and philip william draper ("the name")

• Created: 4 January 2002
• Delivered: 18 January 2002
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• The Society, the Trustees, the Beneficiaries and Certain Other Persons or Bodies as Defined

Amount secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

All future profits of the underwriting business of the company at lloyd's, subject to any prior charge contained in the company's premium trust deed or any other trust deed or other instrument of the company at lloyd's.