Common use of Program Management Services Clause in Contracts

Program Management Services. Altisource will provide Program Management Services related to the design, development and placement of a corporate insurance program through licensed intermediaries with qualified insurers for Residential’s property and casualty insurance needs, as illustrated by the specimen insurance program report shown immediately below. Schedule A Specimen Insurance Program Financial # Description Effective Expiration Premium* Policy Number Carrier Strength Rating Issuer Credit Rating Limits Deductibles 1 Errors & Omissions (incl Cred. Coll.) A+/stable aa/stable $ 10,000,000 $ 100,000 2 Fiduciary A+/stable aa-/positive $ 3,000,000 $ 10,000 3 Special Crime A/stable a/stable $ 10,000,000 $ — 4 Directors & Officers A/stable a/stable / a+/stable $ 10,000,000 $ 100k/$250k/$75k 5 Crime (3 year pol w/equal xxx. install) A+/stable aa-/stable $ 10,000,000 $ 25,000 6 Package (Property & General Liability) A++/stable aa+/stable [$ MM] per occurrence $ — 7 Business Auto A++/stable aa+/stable $ 1,000,000 $ 1,000 Comp/Collision 8 Workers’ Compensation A++/stable aa+/stable $ 1,000,000 EL Limit $ — 9 Foreign Package A/stable a/stable Various Various 10 Umbrella Liability A/stable a/stable $ 25,000,000 $ 10,000 *includes taxes and fees Altisource will ensure that all Program Management Services provided are in accordance with Residential’s guidelines and meet regulatory requirements. As part of the Program Management Services, Altisource will provide:

Program Management Services. Altisource will provide Program Management Services related to the design, development and placement of a corporate insurance program through licensed intermediaries with qualified insurers for Residential’s property and casualty insurance needs, as illustrated by the specimen insurance program report shown immediately below. Schedule A Specimen Insurance Program Financial # Description Effective Expiration Premium* Policy Number Carrier Financial Strength Rating Issuer Credit Rating Limits Deductibles 1 Errors & Omissions (incl Cred. Coll.) A+/stable aa/stable $ 10,000,000 $ 100,000 2 Fiduciary A+/stable aa-/positive $ 3,000,000 $ 10,000 3 Special Crime A/stable a/stable $ 10,000,000 $ — 4 Directors & Officers A/stable a/stable / a+/stable $ 10,000,000 $ $100k/$250k/$75k 5 Crime (3 year pol w/equal xxx. install) A+/stable aa-/stable $ 10,000,000 $ 25,000 6 Package (Property & General Liability) A++/stable aa+/stable [$ MM] per occurrence $ — 7 Business Auto A++/stable aa+/stable $ 1,000,000 $ $1,000 Comp/Collision 8 Workers’ Compensation A++/stable aa+/stable $ $1,000,000 EL Limit $ — 9 Foreign Package A/stable a/stable Various Various 10 Umbrella Liability A/stable a/stable $ 25,000,000 $ 10,000 *includes taxes and fees Altisource will ensure that all Program Management Services provided are in accordance with Residential’s guidelines and meet regulatory requirements. As part of the Program Management Services, Altisource will provide: