WESTPORT INSURA NCE CORPORATION MUTUAL FUNDS ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. In consideration of the payment of an additional premium with respect to the INSUREDS listed in the Schedule below: For the purposes of this endorsement only, Section IV. DEFINITIONS AND EXPLANATIONS OF TERMS, I. INSURED is deleted and replaced with the following: The unqualified term INSURED means: 1. any individual as scheduled below; 2. any corporation, limited liability company, partnership, or business entity which engages in PROFESSIONAL SERVICES and which is either owned or controlled by the INSURED or in which the INSURED is an employee and then only with respect to the PROFESSIONAL SERVICES provided by the INSURED; or 3. any employee of the INSU RED solely while acting on behalf of the INSURED within the scope of the employee’s dut ies as such; however, such coverage does not include employees who are licensed to sell mutual funds and who have ever sold or attempted to sell mutu al funds or other financial products. For the purposes of this endorsement only, Section IV. DEFINITIONS AND EXPLANATIONS OF TERMS, R. PROFESSIONAL SERVICES is amended to add the following: activities as a MUTUAL FUNDS FINANCIAL PLANNER. For the purposes of this endorsement only, SECTION IV. DEFINITIONS AND EXPLANATIONS OF TERMS is amended to add the following: MUTUAL FUNDS FINANCIAL PLANNER. MUTUAL FUNDS FINANCIAL PLANNER will mean any person who for compensation: 1. sells or services mutual funds; 2. provides advice regarding the client’s financial situation, financial goals and objectives; or 3. engages in the business of advising others, through a written plan document regarding investing in, purchasing, or selling mutual funds. INSURED PAUL ROONEY BROKER/DEALER LINSCO PRIVATE LEDGER RETROACTIVE DATE 04/01/2006 For the purposes of this endorsement only: Section V. EXCLUSIONS is amended to add the following: BROKER/DEALER. Monetary or equitable relief sought by any Broker/Dealer or any investment company, against the INSURED. CONTRACTUAL LIABILITY. Liability assumed under contract or agreement by the INSURED, unless the INSURED would have been legally liable in the absence of such contract. SP 000 275 0610 Page 1 of 2 Insured Copy