Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 43

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 43
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 even if the reason for cancellation pertains only to a new coverage or endorsement initially effective 
 subsequent to the original issuance of this bond/policy.                                               |

| 2. | Renewal or nonrenewal of this bond/policy by the Underwriter/Company is subject to the following provisions: |

| a. | If the underwriter/company decides not to renew this bond/policy, it will send notice as provided in paragraph 
 c. below.                                                                                                      |

| b. | If the underwriter/company conditionally renews this bond/policy subject                                                                   
 to a change of limits, change in                                                                                                           
 type of coverage, reduction of coverage, increased deductible,                                                                             
 addition of exclusion, or increased premiums in excess of 10% (exclusive of                                                                
 any premium increase due to insured value added, increased exposure units, or as a                                                         
 result of experience rating, loss rating, retrospective rating or audit) the underwriter/company will send notice as provided in paragraph 
 c. below.                                                                                                                                  |

| c. | If the underwriter/company decides not to renew this bond/policy, or to conditionally                                                   
 renew this bond/policy as provided in paragraph 2.b. above, the underwriter/company will mail                                           
 or deliver written notice to the first named Insured shown in the Declarations at least 60 days, but not more than 120 days, before the 
 expiration date of the bond/policy or, the anniversary date if this is a continuous bond/policy.                                        |

| d. | Notice will be mailed or delivered                                                             
 to the first named Insured at the address shown in the bond/policy and to the authorized agent 
 or broker. If notice is mailed, proof of mailing will be sufficient proof of notice.           |

| e. | Notice will include the availability of                                       
 loss information and the specific reason(s) for nonrenewal or conditional     
 renewal, including the amount of any premium increase for conditional renewal 
 and a description of any other changes.                                       |

| f. | If the underwriter/company violates the provisions of paragraph c. 
 above by sending the first named Insured an incomplete             
 or late conditional renewal notice or a late nonrenewal notice:    |

| (1) | prior to the expiration date of the bond/policy, coverage will remain in                                                            
 effect at the same terms and conditions of this bond/policy at the lower of the current rates or the prior period's rates until     
 60 days after such