2014-402 Finance - Bridge II Sports - Outside Agency Performance Agreement $2,500

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At our request, the first Named Insured will furnish Such exhaustion or reduction is not a failure to us, as soon as practicable, with a complete copy maintain "controlling underlying insurance" Failure of any "controlling underlying insurance" and any to maintain "controlling underlying insurance" will subsequently issued endorsements or policies not invalidate insurance provided under this Cov- which may in any way affect the insurance pro- erage Part, but insurance provided under this Cov- vided under this Coverage Part. erage Part will apply as if the "controlling underly- 5. Cancellation ing insurance"were in full effect. a. The first Named Insured shown in the Declara- The first Named Insured must notify us in writing, tions may cancel this policy by mailing or deliv- as soon as practicable, if any "controlling underly- ering to us advance written notice of cancella- ing insurance" is cancelled, not renewed, replaced tion or otherwise terminated, or if the limits or scope of coverage of any "controlling underlying insurance" b. We may cancel this policy by mailing or deliv- is changed ering to the first Named Insured written notice of cancellation at least: 8. Other Insurance (1) 10 days before the effective date of cancel- a. This insurance is excess over, and shall not lation if we cancel for nonpayment of pre- contribute with any of the other insurance, mium, or whether primary, excess, contingent or on any other basis This condition will not apply to in- (2) 30 days before the effective date of cancel- surance specifically written as excess over this lation if we cancel for any other reason. Coverage Part. c. We will mail or deliver our notice to the first When this insurance is excess, if no other in- Named Insured's last mailing address known to surer defends, we may undertake to do so, but us. we will be entitled to the insured's rights d. Notice of cancellation will state the effective against all those other insurers. date of cancellation. The policy period will end b. When this insurance is excess over other in- on that date surance, we will pay only our share of the "ul- e. If this policy is cancelled, we will send the first timate net loss"that exceeds the sum of- Named Insured any premium refund due. If we (1) The total amount that all such other insur- cancel, the refund will be pro rata. If the first ance would pay for the loss in the absence Named Insured cancels, the refund may be of the insurance provided under this Cover- less than pro rata. The cancellation will be ef- age Part; and fective even if we have not made or offered a refund (2) The total of all deductible and self-insured f If notice is mailed, proof of mailing will be suffi- amounts under all that other insurance 9 Premium Audit cient proof of notice 6. Changes a. We will compute all premiums for this Cover- age Part in accordance with our rules and This Coverage Part contains all the agreements rates. between you and us concerning the insurance af- forded. The first Named Insured is authorized by b. If this policy is auditable, the premium shown in all other insureds to make changes in the terms of this Coverage Part as advance premium is a this Coverage Part with our consent. This Cover- deposit premium only At the close of each au- age Part's terms can be amended or waived only dit period,we will compute the earned premium by endorsement. for that period and send notice to the first Named Insured The due date for audit pre- 7 Maintenance Of/Changes To Controlling mium is the date shown as the due date on the Underlying Insurance bill. If the sum of the advance and audit premi- Any "controlling underlying insurance" must be ums paid for the policy period is greater than maintained in full effect without reduction of cover- the earned premium, we will return the excess age or limits except for the reduction of aggregate to the first Named Insured. limits in accordance with the provisions of such c. The first Named Insured must keep records of "controlling underlying insurance" that results from the information we need for premium computa- "injury or damage"to which this insurance applies. tion, and send us copies at such times as we may request. Page 4 of 5 ©ISO Properties, Inc., 2007 CX 00 01 09 08 ❑