All Risks of physical loss or damage including Earthquake, Flood and Sewer Back-up, subject to the Policy exclusions

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1 Insurance Summary Property Renewal August 1, 2012 to August 1, 201 Insurer Aon Protection Plus Policy- # RAP Perils Insured All Risks of physical loss or damage including Earthquake, Flood and Sewer Back-up, subject to the Policy exclusions Property of Every Description(POED) Including Tenants Improvement 27,000 27,000 EDP Data & Media Incl. in POED Incl. in POED Automatic Coverage (newly acquired locations) $1,000,000 1,000,000 Miscellaneous Property Floater(Trac Man $25,000 & Misc. Equipment $48,000) Property in Transit $250, ,000 Money and Stamps $10,000 10,000 Inc. in POED Incl. in POED Tenant s Improvement including Exterior Glass ($10,000) Incl. in POED Incl. in POED Accounts Receivable $150, ,000 Personal Property of Employees (any one individual) 2,500 2,500 By-Laws Incl. Incl. Valuable Papers $150,000 $150,000 Professional Fees $25,000 25,000 Fire Fighting Expense $25,000 25,000 Alarm System Warranty Incl. Incl. Employee Dishonesty $10,000 $10,000 Broad Form Money and Securities (inside & outside premises) $2,500 $2,500 Business Interruption Extra Expense $40,000 $40,000 Earthquake %/Minimum $50,000 %Minimum $50,000 Flood $10,000 $10,000 Sewer Back-up $2,500 $2,500 Lap Top Computers $1,000 $1,000 All Other Losses $1,000 $1,000 Annual Premium $2,018 $2,079

2 Commercial General Liability Insured Golf Association of Ontario Renewal August 1, August 1, 201 Insurer Lloyds of London (administered by Sports Can Insurance Consultants Ltd.) - #LL02847 Policy Form Occurrence General Total Limit occurrence/ aggregate occurrence aggregate Products and Completed Operations Total Limit Personal Injury Tenant s Legal Liability $500,000 $500,000 Non-Owned Automobile Hired Automobiles $50,000 $50,000 Contingent Employers Liability $1,000,000 $1,000,000 Medical Expense Limit (person/accident) $1,000/10,000 $1,000/10,000 Volunteers Included Included Participant Legal Liability Included Included Bodily Injury/Property Damage including expenses N/A N/A Special Exclusions or Restrictions Tenants Legal Liability $1,000 $1,000 SEF 94 Hired Automobiles $1,000 $1,000 SPF 6 Non Owned Automobile $1,000 $1,000 Medical Expense Coverage does extend to injuries arising from a sporting activity Reimbursement Clause $1,000 $1,000 Cyber Exclusion Liquor Liability Exclusion Misinterpretation of Date Exclusion Mould/Fungi Exclusion Pollution Exclusion (Hostile Fire Exception) SEF 99 Excluding Long-term Leased Vehicles War & Terrorism Exclusion USA Activities/Operations Exclusion Participant vs. Participant Excluded (GAO not party to claim) Molestation Exclusion Other Insurance Clause Intent to Injure Exclusion Premium $2,664 $2,664 1

3 Automobile Renewal May 10, 2012 May 10, 201 Insurer Aon Protection Plus Royal & Sun Alliance (RSA) - #CAP Third Party Liability Endorsements Collision Damage Applicable to all vehicles $1,000 $1,000 Comprehensive Damage Applicable to all vehicles $500 $500 OPCF 5 - Permission to Rent or Lease Automobiles OPCF 20 - Loss of Use - $ 1,000 per Occurrence OPCF 27B Liability for Damage to Non-Owned Autos $50,000 $1,000/$500 Coll/Comp Deductible Premium Details OPCF 4 - Removing Depreciation Deduction for Qualified Vehicles 24 mos. 24 mos. OPCF 44R - Family Protection Endorsement Basis of Premium Vehicle Count at policy inception Basis of Premium Trailer Count at policy inception Annual Premium $12,981 $11,

4 Directors & Officers Liability Renewal April 12, 2012 April 12, 201 Insurer Great American Insurance Co. - #CDO Total Limit each claim/ policy period each claim/ policy period Defence Costs in addition to Limits Coverage: Coverage for past (former) Directors, Officers & Trustees who held position when the wrongful act complained of took place Automatic cover for new Directors, Officers and Trustees Defense Cost Re-imbursement (Penal Offenses) - $500,000 Aggregate Covers employees while acting within scope of their duties for GAO Each Claim NIL NIL Premium $,690 $,690

5 Comments/Recommendations Pay on behalf of Insured Entity Cover includes directors, officers, trustees, employees, volunteers or members of any duly constituted committee of the Entity including the estates, heirs, legal representatives or assigns of any said deceased, incompetent, insolvent or bankrupt individuals. Coverage is also afforded to the spouses of the aforementioned if named as a co-defendant to a covered individual and if an action is solely tied to their status as spouse. Discovery Period if Policy cancelled: 15 days from cancellation unless an extended discovery period is purchased. Extended Discovery Period is 1 year from Cancellation but only for wrongful acts occurring prior to the cancellation date Automatic coverage for new Directors & Officers Automatic coverage for newly acquired or created subsidiaries 90 days reporting No exclusion for Publishers Liability Suits in Canada Employment Practices included Exclusion with respect to actual or alleged breach of contract but exclusion does not apply to any allegations of tortious conduct arising out of an actual or alleged breach of contract, or 100% of defense costs for claims arising out of or attributable to an actual or alleged breach of employment contract. 90 Days notice of cancellation Outside Director Liability Non Profit Boards not covered presently, but if you provide a listing of names of Directors and which boards they sit on policy can be endorsed accordingly. NOTATION Coverage italicized are those to which the limits are charged an exposure premium. All other line items are insurer program provided coverage and as such additional premiums are only charged if higher limits are desired. 4