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<br />EPS++ <br />tech + pro + media + security + privacy <br /> <br />GSL2302XX (Ed 6/11) <br />Page 18 <br />Copyright © 2011 CNA. All Rights Reserved. <br />2. Privacy Regulation Fines Sublimit of Liability <br />The amount set forth in the Coverage Schedule in the Declarations as the Privacy Regulation Fines <br />Sublimit of Liability, is the limit of liability for all Privacy Regulation Fines, which limit is a sublimit of, and <br />not in addition to, the Privacy Regulation Proceeding limit of liability set forth in the Declarations. <br />3. Privacy Regulation Investigation Limit of Liability <br />The amount set forth in the Coverage Schedule in the Declarations as the Privacy Regulation Investigation <br />Sublimit of Liability, is the limit of liability for all Privacy Regulation Investigation Expense, which limit is a <br />sublimit of, and not in addition to, the Privacy Regulation Proceeding limit of liability set forth in the <br />Declarations. <br />4. First Party Limit of Liability <br />The amount set forth in the Coverage Schedule in the Declarations as the First Party Loss limit of Liability, is <br />the limit of liability for all First Party Loss, regardless of the number of Network Impairments that occur <br />during the Policy Period. <br />5. All Privacy Event Expenses, Extortion Payments and Privacy Regulation Investigation Expenses in <br />the Aggregate <br />The amount set forth in the Coverage Schedule in the Declarations for Privacy Event Expenses. Extortion <br />Payments and Privacy Regulation Investigation Expenses is the limit of liability for all covered Privacy <br />Event Expenses, Extortion Payments and Privacy Regulation Investigation Expenses, as applicable. <br />C. RETENTIONS <br />1. Retentions set forth in the Declarations shall apply for each Insuring Agreement as set forth in the <br />Declarations. The Insurer shall pay Damages and Claim Expenses in excess of any retention as it becomes <br />due and payable to the Insureds. <br />2. The Insurer’s obligation to pay Damages and Claim Expenses is in excess of any applicable retention. The <br />Insurer will have no obligation to pay all or any portion of any applicable retention. Should the Insurer, in its <br />sole discretion, pay any retention, then the Named Insured shall have the obligation to reimburse the Insurer <br />for such amounts. <br />3. A separate retention applies to each Privacy Event, Extortion Demand and Privacy Regulation <br />Investigation in the amount and as specified in declarations. The Insurer shall only be liable for the amount <br />of Privacy Event Expenses, Extortion Payments or Privacy Regulation Investigation Expenses in <br />excess of the applicable retention amounts. <br />4. A separate retention applies to each Network Impairment under each First Party Business Interruption <br />Coverage And Extra Expense Insuring Agreement in the amount and as specified in declarations. The Insurer <br />shall only be liable for the amount of First Party Loss which is in excess of the applicable retention amounts. <br />5. In the event more than one retention applies, the maximum total retention amount applicable shall be the <br />highest of such applicable retentions. <br />D. RELATED CLAIMS AND RELATED PRIVACY EVENT , EXTORTION DEMAND, PRIVACY REGULATION <br />INVESTIGATION, OR NETWORK IMPAIRMENT <br />DocuSign Envelope ID: 57A293A7-E790-41D7-BF18-E42777ABBC47