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Proposal of Insurance for: City of Decatur <br /> Client Authorization to Bind Coverage <br /> After careful consideration of Gallagher's proposal dated August 28,2012, City of Decatur accepts your insurance <br /> program subject to the following exceptions/changes: <br /> Please bind all policies as checked below: <br /> ❑ Public Entity Package—Munich RE ❑ Crime—Travelers <br /> ❑ Excess Property—Travelers ❑ Boiler&Machinery—Chubb <br /> ❑ Excess Liability—Munich RE ❑ Excess Workers Compensation—Liberty Mutual <br /> ❑ Bind TRIA Terrorism coverage as quoted except for the following policies: <br /> ❑ Provide quotations or additional information on the following coverages from the Coverages for Consideration <br /> page of this proposal. <br /> It is understood this proposal provides only a summary of the details; the policies will contain the actual coverages. <br /> City of Decatur confirms the values, schedules, and other data contained in the proposal are from our records and <br /> acknowledge it is our responsibility to see that they are maintained accurately. <br /> We agree that your liability to us arising from your negligent acts or omissions,whether related to the insurance <br /> placed pursuant to these binding instructions or not, shall not exceed $20 million, in the aggregate. Further,without <br /> limiting the foregoing,we agree that in the event you breach your obligations, you shall only be liable for actual <br /> damages we incur and that you shall not be liable for any indirect, consequential or punitive damages. <br /> Client Signature <br /> Dated <br /> CTArthur J.Gallagher Risk Management Services,Inc. <br /> DCN DMS Pkg/XSWC/XSPro(CITDEC)42 42 <br />