INVESTMENT FACILITIES AND
This agreement among Valley Forge Insurance Company (“Participating Subsidiary”), CNA Financial
Corporation (“CNA”) and Loews/CNA Holdings Inc. (“Loews”) dated as of January 1, 2006, is an
acknowledgment by a Participating Subsidiary to the Investment Facilities and Services Agreement dated as of
January 1, 2006 among CNA, the Participating Subsidiaries and Loews (which shall be referred to herein as the
“Agreement” and this acknowledgment shall be referred to herein as the “Acknowledgment”). All capitalized
terms which are not defined herein shall have the same meaning as they have in the Agreement. The
Acknowledgment shall terminate without further action on the part of any party when Participating Subsidiary is
no longer a subsidiary of CNA and Loews has been notified in writing of such change in status. Participating
Subsidiary, CNA and Loews agree to be bound by all of the terms of the Agreement except as stated otherwise
in this Acknowledgment.
The Acknowledgment shall be effective as of January 1, 2006 subject to regulatory approval of the Agreement
and the Acknowledgment from the Participating Subsidiary’s domiciliary insurance department.
Upon reasonable notice, the Participating Subsidiary, or its designated representative, including but not limited to
any applicable regulatory authority, shall have access at any reasonable time to inspect and audit the billing
statements of Loews that pertain to the services provided under the Agreement, and it may make copies of any
records pertaining thereto.
VALLEY FORGE INSURANCE COMPANY
By: /s/ Dennis R. Hemme
Title: Vice President and Treasurer
CNA FINANCIAL CORPORATION
By: /s/ Lawrence J. Boysen
By: /s/ Robert M. Mann