PROFESSIONAL CONTRACTORS INSURANCE PACKAGE

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1 PROFESSIONAL CONTRACTORS INSURANCE PACKAGE MASTER CERTIFICATE NO. TLD/CC/01/00924 NAME: Individual Contractors being any individual temporary worker whether trading in his/her own name or as a Limited Company placed on a temporary contract or assignement by NES but only in respect of such temporary contract or assignment ADDRESS: c/o NES Group Limited Station House Stamford New Road Altrincham Cheshire WA14 1EP BUSINESS DESCRIPTION: Individual Contractors as declared PERIOD OF INSURANCE: (a) From: 01 December 2013 To: 30 November 2014 Renewal date: 01 December 2014 (b) Any subsequent period for which the Insured shall pay and the Company shall accept a Renewal Premium. LIMITS OF INDEMNITY: Section Limit of Indemnity 1 Employers Liability (EL) 10,000,000 2 Public Liability (PL) 5,000,000 3 Products Liability 5,000,000 4 Professional Indemnity (PI) 2,000,000 any one claim 2,000,000 In the annual aggregate 5 Directors & Officers Liability 50,000 any one claim 50,000 In the annual aggregate PREMIUM: ENDORSEMENTS: As per Endorsement attached 1) Section 2 subject to an excess of 250 each and every claim in respect of Property Damage. 2) Section 4 subject to an excess of Nil in respect of the first claim and 250 each and every claim thereafter. 3) Section 5 subject to a 1000 excess each and every claim. 4) The Company will not indemnify the Insured(s) in respect of any liability arising offshore in respect of Section 1 Employers Liability (where applicable), Section 2 Public Liability and Section 3 Products Liability. 5) Notice of claims as referred to in the policy wording to be given to Dallas Kirkland Recruitinsure at the address shown below 6) Each insured Contractor hereon is deemed to be an individual policyholder with Insurers. 7) Retroactive Date in respect of Section 4: 01 December 2001 Section 5 01 December ) Date Recognition Clause as attached. 9) Exclusion of Terrorism Clause as attached 10) Automatic Professional Indemnity run off cover in respect of all insured Contractors whilst scheme and/or master policy remains in force. 11) Directors & Officers Liability applies to Limited Companies only

2 ACE EUROPEAN GROUP LTD in consideration of the premium specified herein, hereby agrees to insure against liability to the extent and in the manner herein provided IN WITNESS WHEREOF this Certificate has been signed for and on behalf of ACE EUROPEAN GROUP LTD by an Authorised Person: Date: 01 December 2013 DALLAS KIRKLAND RECRUITINSURE, Birchin Court, 3 rd Floor, 20 Birchin Lane, LONDON EC3V 9DU

3 IT IS UNDERSTOOD AND AGREED that this endorsement applies solely to the Insured s activities offshore (as defined): i) Exclusion No.17 of this policy is no longer applicable ii) The limit of Indemnity in respect of Section 1 Employers Liability is reduced to 5,000,000 in respect of Offshore. DEFINTIONS: 17. Drilling Crew means any worker involved in Offshore drilling operations including but not restricted to drillers, toolpushers, derrick hands, pit watchers, rotary helpers and roustabouts. 18. Offshore means from the time of embarkation on to a vessel or aircraft for conveyance to any Offshore Rig Offshore Platform or Offshore Installation including associated accommodation, until disembarkation from a conveyance on to land upon return therefrom. Offshore Platform or Offshore Installation means any immobile offshore structure from which development wells are drilled and/or produced. Offshore Rig means any offshore structure (including mobile offshore drilling unit) containing derrick or mast, draw-works and attendant surface equipment for the purposes of performing, drilling or workover operations. EXTENSIONS: 14. Contractual Liability With regard to contracts entered into by the Insured relating to the supply of Products and/or services to the oil and gas industry Exclusion 2 Non Negligent Liability of this Policy does not apply to liability assumed by the Insured under any contract or agreement entered into with any party including: (a) any hold harmless indemnity and/or waiver of rights of recourse against such party (b) any indemnity given to such party (c) any agreement that insurance effected by such party shall not be brought into contribution with this Policy and the Company will indemnify such party as an additional Insured in the terms of this Policy when so required by such contract Provided always that: (i) (ii) (iii) the conduct and control of all claims for which the Company may be liable under this Extension shall be vested in the Company such party shall observe fulfil and be subject to the terms of this Policy as far as they can apply this Extension does not apply to liability assumed under such contract to the extent that such assumption of liability places upon the Insured responsibility for the sole negligence of any party who is not: or (a) a party to or a potential beneficiary of such contract (b) a signatory to the LOGIC Mutual Hold Harmless Deed (iv) the Limit of Liability shall not be increased hereby.

4 15. Territorial Limits Notwithstanding Definition 16 Territorial Limits the indemnity granted by this Policy is extended to apply anywhere in the world (a) for Section 1 in respect of any Employee outside the Territorial Limits and (b) for Section 2 in respect of the activities in the course of the Business of any Employee outside the Territorial Limits Provided that: (i) such Employee is engaged under a contract of employment with the Insured entered into in the United Kingdom (ii) this Extension does not apply to liability for which insurance or security is compulsory by law (iii) this Extension does not apply to claims or legal proceedings brought or originating in the United States of America or in any other territory within the jurisdiction of the United States of America. EXCLUSIONS: 2. Hazardous Work It is understood and agreed that this Policy does not apply to any liability in respect of the following activities unless the Company has agreed otherwise in writing: a) diving or working underwater b) erection and/or dismantling of scaffolding c) use of explosives d) use Offshore of electric, oxy-acetylene or other welding or flame cutting plant or blow lamps or torches e) work undertaken by Drilling Crew. It is further agreed between the Company and the Insured that the premium for this insurance has been calculated accordingly. The Following Exclusions do not apply to Section 1 of the Policy: 18. Loss of Underground Resources notwithstanding anything contained herein to the contrary, in respect of: 18.1 Damage to any Underground Resources. Underground Resources means a) oil, gas, water or other mineral substances which have not been converted to physical possession above the surface of the earth or sea b) any well, hole, shaft, pipeline (including process transportation and storage facilities), formation, stratum, reservoir, or area in or through which exploration for or production of any substance is carried on c) any casing, pipe, bit, tool, pump or other drilling or well servicing machinery or equipment located beneath the surface of the earth or sea in any such well, hole or shaft.

5 18.2 costs and expenses incurred in restoring a place of exploration and/or exploitation to a safe and workable condition costs and expenses incurred in the removal of material property from a place of exploration and/or exploitation seepage, pollution and/or contamination, including costs and expenses incurred in the prevention, clean-up, minimisation or limitation thereof, emanating from Underground Resources. 13. Offshore Declaration Basis Condition 10 of this Policy is deleted. In respect of Section 1 of this Policy the Insured shall supply to the Company a completed Offshore Declaration Form in the format prescribed by the Company for Employee visits Offshore in respect of the North Sea and Irish Sea excluding visits completed outside the Period of Insurance. If the Insured fails to supply such completed Offshore Declaration Form within 30 days from the end of each period the Company may: (a) cancel this Policy in accordance with the Condition 11 of this Policy (b) require amendment to the terms, Exclusions and Conditions of this Policy (c) impose additional terms, Exclusions and Conditions If the Insured fails to accept any amended and/or additional terms, Exclusions or Conditions, the Company may cancel this Policy in accordance with the Condition 11 of this Policy. Subject otherwise to the terms, exclusions and conditions of the original Certificate. Dated: 01 December 13 Signed

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