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To: CHUBB INSURERS <br />Frank Tung <br />Brandywine Group of Insurance and <br />Reinsurance Companies <br />333 W. Wacker Drive, Suite 900 <br />Chicago, IL 60606 <br />Phone: 312-753-6632 <br />Email: <br />Frank.Tung@brandnvineholdings.com <br />With a copy to: <br />Lind Stapley <br />Soha Lang <br />1325 4th Avenue, Suite 2000 <br />Seattle, WA 98101-2570 <br />(206) 654-1686 <br />Email: staple (&sohalang.com <br />3.18 Corporate Authority. The Parties represent and warrant that they are corporations <br />or entities duly organized and validly existing in good standing under the laws of one of the states <br />of the United States and that they have taken all necessary corporate and legal actions to approve <br />the making of this Settlement Agreement and that the making and performance of this Settlement <br />Agreement will not violate any provisions of law or their respective articles of incorporation or <br />bylaws. <br />3.19 Counterparts. This Settlement Agreement shall be executed in duplicate originals, <br />with City and the Chubb Insurers each retaining one fully executed duplicate original of the <br />Settlement Agreement. <br />3.20 Authorization of Signatures. Each person signing this Settlement Agreement on <br />behalf of the Parties represents and warrants that he or she is duly authorized to execute this <br />Settlement Agreement on behalf of City and the Chubb Insurers, respectively, and to bind said <br />Parties to the terms, conditions, provisions, duties and obligations set forth in this Settlement <br />Agreement. Electronic signatures are authorized as valid signatures. <br />7 <br />