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Docusign Envelope ID: B576D624-E16E-4D9F-BC67-5703DE54A6F8 <br /> UMBRELLA <br /> 1. This insurance will apply before any "other provide insurance in such country or <br /> insurance" that is available to such additional jurisdiction; or <br /> insured which covers that person or b. The furnishing of certificates or other <br /> organization as a named insured, and we will evidence of insurance in any country or <br /> not share with that "other insurance", provided jurisdiction in which we are not licensed to <br /> that the injury or damage for which coverage is provide insurance. <br /> sought is caused by an "event" that takes place Q. PROHIBITED COVERAGE — TRADE OR <br /> or is committed subsequent to the signing of ECONOMIC SANCTIONS <br /> that contract or agreement by you. <br /> We will provide coverage for any loss, or <br /> 2. This insurance is still excess over any valid and otherwise will any benefit, onlyto the <br /> collectible "other insurance", whether primary, p y <br /> extent that providing such coverage or benefit <br /> excess, contingent or otherwise, which covers does not expose us or any of our affiliated or <br /> that person or organization as an additional parent companies to: <br /> insured or as any other insured that does not <br /> qualify as a named insured. 1. Any trade or economic sanction under any law <br /> or regulation of the United States of America; <br /> N. PREMIUM or <br /> 1. The first Named Insured shown in the 2. Any other applicable trade or economic <br /> Declarations is responsible for the payment of sanction, prohibition or restriction. <br /> all premiums and will be the payee for any R. REPRESENTATIONS <br /> return premiums. <br /> 2. If the premium is a flat charge, it is not subject By accepting this insurance, you agree: <br /> to adjustment except as provided in Paragraph 1. The statements in the Declarations and any <br /> 4. below. subsequent notice relating to "underlying <br /> 3. If the premium is other than a flat charge, it is insurance" are accurate and complete; <br /> an advance premium only. The earned 2. Those statements are based upon <br /> premium will be computed at the end of the representations you made to us; and <br /> policy period, or at the end of each year of the 3. We have issued this insurance in reliance <br /> policy period if the policy period is two years or upon your representations. <br /> longer, at the rate shown in the Declarations, S. SEPARATION OF INSUREDS <br /> subject to the Minimum Premium. <br /> Except with respect to the Limits of Insurance, <br /> 4. Additional premium may become payable when and any rights or duties specifically assigned in <br /> coverage is provided for additional insureds this policy to the first Named Insured shown in the <br /> under the provisions of SECTION II — WHO IS Declarations, this insurance applies: <br /> AN INSURED. 1. As if each Named Insured were the only <br /> O. PREMIUM AUDIT Named Insured; and <br /> The premium for this policy is the amount stated in 2. Separately to each insured against whom <br /> Item S. of the Declarations. The premium is a flat claim is made or"suit" is brought. <br /> charge unless it is specified in the Declarations as T. WAIVER OR TRANSFER OF RIGHTS OF <br /> adjustable. RECOVERY AGAINST OTHERS TO US <br /> P. PROHIBITED COVERAGE — UNLICENSED 1. If the insured has rights to recover all or part <br /> INSURANCE of any payment we have made under this <br /> 1. With respect to loss sustained by any insured in insurance, those rights are transferred to us <br /> a country or jurisdiction in which we are not and the insured must do nothing after loss to <br /> licensed to provide this insurance, this impair them. At our request, the insured will <br /> insurance does not apply to the extent that bring suit or transfer those rights to us and <br /> insuring such loss would violate the laws or help us, and with respect to Coverage A, the <br /> regulations of such country or jurisdiction. "underlying insurer", enforce them. <br /> 2. We do not assume responsibility for: If the insured has agreed in a contract or <br /> a. The payment of any fine, fee, penalty or agreement to waive that insured's right of <br /> other charge that may be imposed on any recovery against any person or organization, <br /> we waive our right of recovery against that <br /> person or organization in any country or person or organization, but only for payments <br /> jurisdiction because we are not licensed to we make because of an "event" that takes <br /> place or is committed subsequent to the <br /> EU 00 01 07 16 ©2016 The Travelers Indemnity Company.All rights reserved. Page 15 of 22 <br />