ASCOT CORPORATE NAME LIMITED

Company number 04268348

Lloyd's united states situs excess or surplus lines trust deed ("the trust deed") dated 3 january 2002 (in respect of syndicate no.1414 (Including all incidental syndicates of such syndicate) (but effective from 1 january 2002 and the first day of the relevant calendar year with respect to each trust which relates to any other year of account of the syndicate)

• Created: 3 January 2002
• Delivered: 21 January 2002
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• The Trustee (Being, as at the Date Hereof, Citibank N.A.), Lloyd's, the Agent,All Policy Holders and Third-Party Claimants and Certain Other Persons or Bodies (as Further Defined on Form M395)

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

The property constituting the trust principal but excluding the investment income from time to time earned thereon. The property in the actual and sole possession of the trustee at any time and held under the provisions of the trust deed allocable to the particular trsut created by the company with respect to the particular year of account of the syndicate. Cash in us currency or specifically designated readily marketable securities and/or letters of credit substituted by the agent at any time for any cash or assets then forming part of the trust fund.. See the mortgage charge document for full details.