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2015-441-E Finance - El Futuro, Inc. - 2015-16 Outside Agency Performance Agreement $27,500
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2015-441-E Finance - El Futuro, Inc. - 2015-16 Outside Agency Performance Agreement $27,500
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8/19/2015 8:09:33 AM
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8/17/2015 3:24:43 PM
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8/17/2015
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R 2015-441-E Finance - El Futuro, Inc. - 2015-16 Outside Agency Performance Agreement
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DocuSign Envelope ID: B9586FD4-5663-4F3F-8147-A6259742B4B5 <br /> ENDORSEMENT <br /> SCOTTSDALE INSURANCE COMPANY® NO. <br /> ATTACHED TO AND ENDORSEMENT EFFECTIVE DATE <br /> FORMING A PART OF (72;01 A.M.STANDARD TIME) NAMED INSURED AGENT NO. <br /> POLICY NUMBER <br /> Negley <br /> OPS0065006 10/05/2014 El Futuro, Inc. Associates <br /> 29518 <br /> THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> SEXUAL MISCONDUCT LIMITATION ENDORSEMENT <br /> This endorsement modifies insurance provided under the following: <br /> PROFESSIONAL LIABILITY COVERAGE PART (CLAIMS MADE) <br /> In consideration of the premium charged, the Coverage and shall be subject to all other provisions of this <br /> Part is amended as follows: endorsement. <br /> 1. The PROFESSIONAL LIABILITY COVERAGE PART The sublimits of insurance stated in this endorsement <br /> is extended to provide limited coverage under SEC- shall be part of, and not in addition to, the limits of in- <br /> TION I—COVERAGE when there is an allegation of surance shown on the Professional Liability Coverage <br /> SEXUAL MISCONDUCT. A CLAIM or SUIT involving Part Supplemental Declarations. <br /> any allegation of SEXUAL MISCONDUCT is not sub- We shall not be obligated to undertake or defend any <br /> ject to the Each CLAIM limit of insurance or the Ag- SUIT or proceeding which is subject to the sublimits <br /> gregate limit of insurance shown on the Professional stated in this endorsement after the applicable sub- <br /> Liability Coverage Part Supplemental Declarations. A limit of insurance has been exhausted by the payment <br /> CLAIM or SUIT involving any allegation of SEXUAL of DAMAGES. <br /> MISCONDUCT is, instead, subject to the reduced lim- <br /> its of insurance set forth in paragraph 2. of this en- 4. The following is added to SECTION IV—LIMITS OF <br /> dorsement, which apply regardless of the number of INSURANCE: <br /> insureds, CLAIMS or SUITS brought, or person(s) or <br /> organization(s) making CLAIMS or bringing SUITS. The sublimit of insurance for Each CLAIM, as shown <br /> in this endorsement, is the most we will pay as DAM- <br /> 2. The following sublimits of insurance shall apply with AGES for any one CLAIM arising from actual or al- <br /> regard to the coverage provided by this endorsement: leged SEXUAL MISCONDUCT. The Aggregate limit, <br /> as shown in this endorsement, is the most we will pay <br /> SUBLIMITS OF INSURANCE for all CLAIMS in any one POLICY PERIOD arising <br /> - � <br /> ......._.- ....---..-mm.., from actual or alleged SEXUAL MISCONDUCT. <br /> Each CLAIM Limit <br /> 250,000 <br /> _... 0 5. The first subparagraph B of SECTION-1 COVER- <br /> Aggregate Limit $750,000 AGE is deleted in its entirety and is replaced by the <br /> . In the event SEXUAL MISCONDUCT is alleged at following: <br /> any time, either in a complaint, during discovery, at B. A CLAIM or CLAIMS by one or more claimants <br /> trial or otherwise, any and all causes of action alleged against one or more insureds arising out of the <br /> and arising out of the same, related, continuing or re- same actual or alleged WRONGFUL ACT, or re- <br /> peated acts of SEXUAL MISCONDUCT, whether or lated, continuing or repeated WRONGFUL ACTS, <br /> not in the course of professional treatment and/or re- including, but not limited to, acts of SEXUAL <br /> lationships, shall be subject to the same Each CLAIM MISCONDUCT, shall be deemed to be a single <br /> sublimit of insurance set forth in this endorsement <br /> CLS-401s(7-07) Page 1 of 2 <br />
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