Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 8

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 8
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 Underwriter for such defense.

If the Underwriter elects
to defend the Insured, in whole or in part, any judgment against the Insured on those counts or causes of action which the Underwriter
defended on behalf of the Insured or any settlement in which the Underwriter participates and all attorneys’ fees, costs and expenses
incurred by the Underwriter in the defense of the litigation shall be a loss covered by this bond.

If the Insured does not give
the notices required in subsection (a) of Section 5 of this bond and in the first paragraph of this General Agreement, or if the Underwriter
elects not to defend any causes of action, neither a judgment against the Insured, nor a settlement of any legal proceeding by the Insured,
shall determine the existence, extent or amount of coverage under this bond for loss sustained by the Insured, and the Underwriter shall
not be liable for any attorneys’ fees, costs and expenses incurred by the Insured.

With respect to this General
Agreement, subsections (b) and (d) of Section 5 of this bond apply upon the entry of such judgment or the occurrence of such settlement
instead of upon discovery of loss. In addition, the Insured must notify the Underwriter within 30 days after such judgment is entered
against it or after the Insured settles such legal proceeding, and, subject to subsection (e) of Section 5, the Insured may not bring
legal proceedings for the recovery of such loss after the expiration of 24 months from the date of such final judgment or settlement.

<div align='center'>CONDITIONS AND LIMITATIONS</div>

DEFINITIONS Section 1. As used in this bond: (a) Acceptance means a draft which the drawee has, by signature written thereon, engaged to honor as presented. (b) Certificate of Deposit means an acknowledgment in writing by a financial institution of receipt of Money with an engagement to repay it. (c) Certificated Security means a share, participation or other interest in property of or an enterprise of the issuer or an obligation of the issuer, which is:

| (1) | represented by an instrument issued in bearer or registered form; |

| (2) | of a type commonly dealt in on securities exchanges or markets or                                 
 commonly recognized in any area in which it is issued or dealt in as a medium for investment; and |

| (3) | either one of a class or series or by