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LIr<41T OF LIABILITY UNDER THIS BOND AND PP.IOR INSURANCE:
<br />SECTION 7. With respect to loss or losses caused by an Employee or which are chargeable to such Employee as provided in Section 5 and
<br />which occur partly under this bond and partly under the other bonds or policies issued by the Surety to the Obligee or to any predecessor in
<br />interest of the Obligee and terminated or cancelled ar allowed to expire and in which the period for discovery has not expired at the time any
<br />such loss or losses thereunder are discovered, the total liability of the Surety underthis bond and undersuch otherbonds orpolicies shalt not
<br />exceed, in the aggregate, the amount carried under this bond on such loss or losses or the amount available to the Obligee under such other
<br />bonds or policies, as limited by the terms and conditions thereof for any such toss or losses, if the tatter amount be the larger.
<br />SALVAGE:
<br />SECTION 8. If the Obligee shall sustain any loss or fosses covered by this band which exceed the amount of coverage provided by this bond,
<br />the Obligee shall be enti4ted to all recoveries, except for suretyship, insurance, reinsurance security and indemnity taken by or for the benefit
<br />of the Surety, by vrhomsoever made, on account of such loss or losses under this bond until fully reimbursed, less the actual cost of effecting
<br />the same, and any remainder shall be applied to the reimbursement of the Surety.
<br />CAfCELLATION AS TO ANY Etv1PLOYEE:
<br />SECTION 9. This bond shall be deemed cancelled as to any Employee: (a) Immediately upon discovery by the Obligee, or by any partner or
<br />officer thereof not in collusion with such Employee, of any fraudulent or dishonest act on the part of such Employee, or (b) at 12:00 o'clock
<br />night, standard time, upon the effective date specified in a written notice served upon khe Insured or sent by mail Such date, if the notice be
<br />served, shalt not be less than ten days after such service, or if sent by mail, not less than fifteen days after the date of mailing. The mailing by
<br />Surety of notice, as aforesaid, to the Obligee at its principal office shall bo sufficient proof of notice.
<br />CANCELLATION AS TO BOND IN ITS ENTIRLT`(:
<br />SECTION 10. This bond shall be deemed cancelled in its entirety at 12:00 o'clock night, standard time, upon the effective date specified in a
<br />written notice served by the Obligee upon the Surety or by the Surety upon the Obligee, or sent by mail. Such date if the notice be served by
<br />the Surety, steal{ be not less than ten days a[ier such service, or if sent by ttte Surety by mail, not less than fifteen days after the date of
<br />mailing. The mailing by the Surety of notice, as aforesaid, to the Obliged at its principal office shall be sufficient proof of notice. The Surety
<br />shall refund to the Obligee the unearned premium computed pro rata it this bond be cancelled at the instance of the Surely, or at short rate if
<br />cancelled or reduced a- the instance of the Obligee.
<br />PRIOR FRAUD, DISHONESTY OR CANCELLATION:
<br />SECTION 11. No Employee, to the best of the knovrledge of the Obligee, or of any partner or officer thereof not in collusion with such
<br />Employee, leas committed any fraudulent or dishonest act in the service of the obligee or otherwise. If prior to the issuance of this bond, any
<br />fidelity insurance in favor of the Obligee or any predecessor in interest of the Obligee and covering one or more of the Obligee's employees
<br />shall have been cancelled as to any of such employees by reason of (a) the discovery of any fraudulent or dishonest act on the part of such
<br />employees, or (b) the giving of written notice of cancellafion 6y the insurer issuing said fidelity insurance, vrheiher the Surety or not, and if
<br />such employees shall not have been reinstated under the coverage of such fidelity insurance, or superseding fidelity insurance, the Surety
<br />shat! not be liable under this bond on account of such employees unless the Surety shall agree in writing io include such employees within the
<br />coverage of this bond.
<br />LOSS-t.IOTICE-PROOF-LEGAL PROCEEDINGS
<br />SECTION 12. At the earliest practical moment, and at all events not later tl~an fifteen days after discovery of any fraudulent or dishonest act
<br />on the part of any Employee by the Obligee, or by any partner or officer thereof not in collusion with such Employee, the Obligeeshall give the
<br />Suretywritten notice thereof and within four months after such discovery shall fife with the Surety affirmative proof of loss, itemized and duly
<br />sworn to, and shall upon request of the Surety render every assistance, not pecuniary, to facilitate the investigation and adjustment of any
<br />loss. No suit to recover on account of loss under this bond shall be brought before the expiration of t~vo months from the filing of proof as
<br />aforesaid on account of such toss, nor after tl~e expiration of fifteen months from the discovery as aforesaid of the fraudulent or dishonest act
<br />causing such Toss. If any limitation in this bond for giving notice, tiling claim or bringing suit is prohibited or made void by any taw controlling
<br />the construction of this bond, such limitation shall be deemed to be amended so as to be equal to the minimum period of limitation permitted
<br />by such law.
<br />SIGNED, SEALED AND DATED ~7,tv ? 1, 201(7
<br />The initial one year premium on this bond
<br />Is ~221.d0
<br />payable upon delivery
<br />t~'ruiamvide iVl~'1 l.nsururcc Company
<br />By
<br />~i KENNLTI-1 LA~~VSON ~ ' -Fact
<br />
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