Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 38

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 38
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 SYSTEMS FRAUD</div>

Loss resulting directly from a fraudulent:

| (1) | entry of Electronic Data or Computer Program into; or |

| (2) | change of Electronic Data or Computer Program within; |

any Computer System operated by the
Insured, whether owned or leased; or any Computer System identified in the application for this bond; or a Computer System first used
by the Insured during the Bond Period, as provided by General Agreement B of this bond;

provided that the entry or change causes:

| (a) | Property to be transferred, paid, or delivered; |

| (b) | an account of the Insured, or of its customer, to be added, deleted, debited, or credited; or |

| (c) | an unauthorized account or a fictitious account to be debited or credited; |

without the knowledge or consent of the Insured.

In this Insuring Agreement, fraudulent
entry or change shall include such entry or change made by an Employee of the Insured acting in good faith on an instruction from a software
contractor who has a written agreement with the Insured to design, implement, or service programs for a Computer System covered by this
Insuring Agreement.

| B. | Solely with respect to the coverage provided by this Rider, the DEFINITIONS section is amended by the 
 addition of the following definitions:                                                                |

Computer Program means a set of related
electronic instructions which direct the operations and functions of a computer or devices connected to it which enable the computer or
devices to receive, process, store, or send Electronic Data.

Computer System means:

| (1) | computers with related peripheral components, including storage components wherever located; |

| AXIS 1012861 0221 | Includes copyright material of The Surety Association of America | Page 1 of 3 |

| FINANCIAL INSTITUTION BOND |

| (2) | systems                    
 and applications software; |

| (3) | terminal devices; and |

| (4) | related communications networks; |

by which Electronic Data are electronically collected, transmitted,
processed, stored, and retrieved.

Electronic Data means facts or information
converted to a form usable in a Computer System by Computer Programs, and which is stored on magnetic tapes or disks, or optical storage
disks, or other bulk media.

| C. | Solely with respect to the coverage provided by this Rider, the EXCLUSIONS section is amended by the addition 
 of the following Exclusions