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BULL MORTALITY and LOSS OF USE INSURANCE










                                                                                        Insurance Coverage
                                                                                           Underwritten By:
                                                                                  Aegis Security Insurance Company
                                                                            PO Box 3153, Harrisburg, PA 17105-3153
                                                                                            A.M. Best Rating: A VI




         Option 1:                                              Option 2:
         Bull Mortality and Loss of Use Coverage                Bull Mortality Coverage
         Values:      Bulls valued up to $25,000,               Values:      Bulls valued up to $25,000,
                        not to exceed purchase price.                          not to exceed purchase price.
           Term:      One Year Policy Term                        Term:      Renewable One-Year Policy Term
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           Premium:  12% of the Purchase Price
                      Premium Fully Earned                        Premium:  5.5% of the Purchase Price
                      $150 Minimum Premium Per Animal                        Premium Fully Earned
         Testing:     $OO EXOOV PXVW EH WHVWHG  FHUWLÀHG DQG                 $150 Minimum Premium Per Animal
                      OLVWHG LQ WKH RIÀFLDO FDWDORJ RI D KHUG    Testing:    VHWHULQDULDQ H[DPLQDWLRQ DQG VLJQHG
                      sale.                                                  statement of health required for all
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          Full Mortality:                                        Full Mortality:


          100% of the value of the bull in the event of          100% of the value of the bull in the event of
          death or life-threatening injury.                      death or life-threatening injury.


          Loss of Use:

          80% of the value of the bull, less salvage
          value, of in the event of Loss of Use from an
          accident, illness, or disease that can clearly
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          25% of the value of the bull in the event
          of Loss of Use from an accident, illness,                               Eric Payne
          or disease if there is a diagnosis consistent                         605-225-4270
          with an accident, illness, or disease but no                       605-290-9275 (cell)
          real evidence that provides clear diagnosis                            PO Box 1540
          RU LGHQWL¿FDWLRQ
                                                                             Aberdeen, SD 57402



                                                                                Policies Serviced and Billed by:
                                                                                         Concorde General Agency
                                                                               PO Box 10459, Fargo, ND 58106-0459

        Page 4                                                            Lazy J Bar Ranch New Year’s Eve Extravaganza
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