Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 42

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 42
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 of this bond/policy by the Underwriter/Company
issubject to the following provisions:

| a. | If this bond/policy has been in effect for                              
 60 days or less, the underwriter/company may cancel this bond/policy by |

mailing or delivering to the first named
Insured written notice of cancellation at least:

| (1) | 20 days before the effective date of cancellation if the underwriter/company cancels for any reason not 
 included in paragraph (2) below.                                                                        |

| (2) | 15 days before the effective date of cancellation if the underwriter/company cancels for any of the following 
 reasons:                                                                                                      |

| (i) | Nonpayment of premium provided, however, that a notice of cancellation for this reason shall inform the 
 Insured of the amount due;                                                                              |

| (ii) | Conviction of a crime arising out of acts increasing the hazard insured against; |

| (iii) | Discovery of fraud or material misrepresentation in the obtaining of the bond/policy or in the presentation 
 of a claim;                                                                                                 |

| (iv) | After issuance of the bond/policy or after the last renewal date, discovery                                                                  
 of an act or omission, or a violation of a bond/policy condition,                                                                            
 that substantially and materially increases the hazard insured against, and that occurred subsequent to inception of the current bond/policy 
 period;                                                                                                                                      |

| (v) | Material physical change in the property insured, occurring after issuance or last annual renewal anniversary                                 
 date of the bond/policy, that results in the property becoming uninsurable in accordance with our objective, uniformly applied underwriting   
 standards in effect at the time the bond/policy was issued or last renewed; or material change in the nature or extent of the risk, occurring 
 after issuance or last annual renewal anniversary date of the bond/policy, that causes the risk of loss to be substantially and materially    
 increased beyond that contemplated at the time the bond/policy was issued or last renewed;                                                    |

| (vi) | Required pursuant to a determination by the Superintendent that continuation of our present premium volume       
 would jeopardize our solvency or be hazardous to the interest of our policyholders, our creditors or the public; |

| (vii) | A determination by the Superintendent that the continuation of the bond/policy would violate, or would 
 place us in violation of, any provision of the Insurance Code; or                                      |

| (viii) | Where