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3. If any "controlling underlying insurance" has a 3. Duties In The Event Of An Event, Claim Or Suit <br /> policy period that is different from the policy period a. You must see to it that we are notified as soon <br /> of this Coverage Part then, for the purposes of this as practicable of an "event", regardless of the <br /> insurance, the "retained limit" will only be reduced amount, which may result in a claim under this <br /> or exhausted by payments made for "injury or insurance To the extent possible, notice <br /> damage"covered under this insurance should include <br /> The Aggregate Limit of this Coverage Part applies (1) How, when and where the "event" took <br /> separately to each consecutive annual period of this place, <br /> Coverage Part and to any remaining period of this <br /> Coverage Part of less than 12 months, starting with (2) The names and addresses of any injured <br /> the beginning of the policy period shown in the Decla- persons and witnesses, and <br /> rations, unless the policy period is extended after (3) The nature and location of any "injury or <br /> issuance for an additional period of less than 12 damage"arising out of the"event" <br /> months. In that case, the additional period will be b If a claim is made or suit is brought against any <br /> deemed part of the last preceding period for purposes insured, you must <br /> of determining the Limits of Insurance <br /> SECTION HI—CONDITIONS (1) Immediately retard the specifics of the <br /> claim or suit and the date received, and <br /> The following Conditions apply In addition, the Condi- (2) Notify us as soon as practicable <br /> bons applicable to any controlling underlying insur- <br /> ance" are also applicable to the coverage provided You must see to it that we receive written po- <br /> under this insurance unless superseded by the follow- tice of the claim or suit as soon as practicable <br /> ing conditions c You and any other insured involved must <br /> 1 Appeals (1) Immediately send us copies of any de- <br /> If the "controlling underlying insurer" or insured mands, notices, summonses or legal pa- <br /> elects not to appeal a judgment in excess of the pers received in connection with the claim <br /> amount of the"retained limit", we may do so at our or suit, <br /> own expense We will also pay for taxable court (2) Authonze us to obtain records and other <br /> costs, pre- and postludgment interest and dis- information, <br /> bursements associated with such appeal In no (3) Cooperate with us in the investigation or <br /> event will this provision increase our liability be- settlement of the claim or defense against <br /> yond the applicable Limits of Insurance described the suit, and <br /> in Section 11—Limits Of Insurance <br /> 2 Bankruptcy (4) Assist us, upon our request, in the en- <br /> forcement of any right against any person <br /> a. Bankruptcy Of Insured or organization which may be liable to the <br /> Bankruptcy or insolvency of the insured or of insured because of "injury or damage" to <br /> the insured's estate will not relieve us of our which this insurance may also apply <br /> obligations under this Coverage Part d No insured will, except at that insured's own <br /> b Bankruptcy Of Controlling Underlying cost, voluntarily make a payment, assume any <br /> Insurer obligation, or incur any expense, other than for <br /> Bankruptcy of the "controlling underlying in- first aid,without our consent <br /> surer" will not relieve us of our obligations un- 4 First Named Insured Duties <br /> der this Coverage Part The first Named Insured is the person or organiza- <br /> However, insurance provided under this Coverage tion first named in the Declarations and is respon- <br /> Part will not replace any "controlling underlying in- sible for the payment of all premiums The first <br /> surance" in the event of bankruptcy or insolvency Named Insured will act on behalf of all other <br /> of the "controlling underlying insurer" The inuur- Named Insureds for giving and receiving of notice <br /> ante provided under this Coverage Part will apply of cancellation or the receipt of any return Are- <br /> as if the "controlling underlying insurance"were in mium that may become payable <br /> full effect and recoverable <br /> CX 00 01 09 08 ©ISO Properties, Inc, 2007 Page 3 of 5 13 <br />