Orange County NC Website
Docusign Envelope ID:C101DF94-8EEA-4210-A163-1FB71C9DF46C <br /> CNA E PS+ <br /> tech + pro + media + security + privacy <br /> Regulation Investigation or Extortion Demand in accordance with Section VI. CONDITIONS, <br /> paragraph B. NOTICE OF CLAIM OR CIRCUMSTANCE/PRE-CLAIMS ASSISTANCE/DATE OF CLAIM, <br /> and such amounts are consented to in writing by the Insurer, such consent not to be unreasonably <br /> withheld. <br /> E. VICARIOUS LIABILITY <br /> 1. Third Party Vicarious Liability Coverage <br /> Any entity or natural person the Insured Entity is required by written contract to include as an insured for <br /> liability of such entity or natural person for an Insured's Wrongful Acts shall be insured under this Policy but <br /> solely to the extent that a Claim is made against such entity or natural person for a Wrongful Act of an <br /> Insured, and only so long as the written contract is entered into before such Claim occurs, provided: <br /> a. there shall be no coverage afforded to such entity or natural person for its Wrongful Acts; and, <br /> b. nothing herein shall serve to confer any rights or duties to such person or entity under this Policy, other <br /> than as provided in this paragraph. <br /> 2. Assumed Liability of Insured <br /> The Insured Entity is insured for liability it assumes in a written contract or agreement under which it <br /> assumes the tort liability (liability that would be imposed by law in the absence of any contract or agreement) <br /> of another party incurred by such third party as a result of an Insured's Wrongful Act provided the Wrongful <br /> Act gives rise to a Claim and occurs subsequent to the execution of such contract or agreement. Solely for <br /> the purposes of liability assumed by the Insured Entity in such contract or agreement reasonable attorney <br /> fees and necessary litigation expenses incurred by or for a party other than an Insured are deemed to be <br /> Damages provided: <br /> a. liability to such party for, or for the cost of, that party's defense has also been assumed in such contract or <br /> agreement; and, <br /> b. such attorney fees and litigation expenses are for defense of that party against a civil or alternative <br /> dispute resolution proceeding in which Damages to which this insurance applies are alleged. <br /> Any coverage afforded by this paragraph is subject always to all of the Policy's terms, conditions and exclusions. <br /> II. DEFINITIONS <br /> The following defined words shall have the same meaning throughout this Policy, whether expressed in the singular or <br /> the plural. <br /> Application means all signed applications, any attachments to such applications, other materials submitted therewith <br /> or incorporated therein, and any other documents submitted in connection with the underwriting of this Policy by the <br /> Insurer, or any other policy underwritten by the Insurer or its affiliates of which this Policy is a direct or indirect renewal <br /> or replacement. <br /> Assumed Under Contract means liability of others, for Matter furnished by the Insured, that the Insured agrees to <br /> assume under a hold harmless or indemnity agreement but only to the extent such liability arises out of any Wrongful <br /> Act. <br /> GSL2302XX (Ed 6/11) <br /> Page 3 <br /> Copyright©2011 CNA. All Rights Reserved. <br />