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DocuSign Envelope ID:8B670D51-A7FD-4694-8E94-963553021305 <br /> 293489 <br /> CREDIT UNION ADVANTAGE ENDORSEMENT <br /> MANAGEMENT & PROFESSIONAL LIABILITY POLICY <br /> This Endorsement is subject to the Declarations, Terms, Conditions And Other Provisions and the <br /> Management Liability=Coverage, except as modified in this Endorsement. <br /> COVERAGE <br /> Investigative Costs <br /> The Investigative Costs Coverage in the Management Liability=Coverage is replaced with the following: <br /> If Investigative Costs Coverage is granted as shown in Item 8. (A) on the Declarations, the "insurance <br /> organization" shall pay on behalf of the "insured organization" reasonable costs, charges,fees (including <br /> attorneys' fees, consultants' fees, and experts' fees) and expenses (other than regular or overtime wages, <br /> salaries or fees of an "insured person") incurred by the "insured organization" including its board of <br /> directors, board of managers, or any committee thereof and incurred after written notice is provided to <br /> the "insurance organization" and consent is received from the "insurance organization," in connection <br /> with: <br /> a. The "insured organization's" investigation, evaluation or response relating to a subpoena for the <br /> production of documents or records that is issued by the National Credit Union Administration or <br /> equivalent state regulator of credit unions first served during the "policy period" on the "insured <br /> organization" or a"director or officer," or,if exercised, the Extended Reporting Period; or <br /> b. The "insured organization's" investigation or evaluation of any written demand first made during <br /> the "policy period" against the board of directors or board of managers of such "insured <br /> organization," or,if exercised, the Extended Reporting Period. <br /> Provided, however, Investigative Costs Coverage in paragraph b. above shall only apply to a written <br /> demand: <br /> a. Brought by any natural person made without the instigation, solicitation, assistance or active <br /> participation of any"insured person"; and <br /> b. That is a civil proceeding in a court of law against any "insured person" for a covered "wrongful <br /> management liability act." <br /> SCM 09/30/2014 <br /> MPL 0102 07 13 CUMIS Insurance Society, Inc. Page 1 of 7 <br />