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Lawyers Professional Liability <br />Policy <br />Form No: G118011A (06-2015)Policy No: 5096501940 <br />Policy; Page: 11 of 16 Policy Effective Date: 09/19/2024 <br />Underwriting Company:Continental Casualty Company, 151 N Franklin St, Chicago, IL 60606 Policy Page: 14 of 28 <br />© Copyright CNA All Rights Reserved. <br /> <br /> <br />V. CONDITIONS <br />A. Notice <br />1. Notice of Claims <br />The Insured, as a condition precedent to the obligations of the Company under this Policy, shall as <br />soon as reasonably possible after learning of a claim give written notice to the Company during the <br />policy period of such claim. The Company agrees that the Insured may have up to, but not to <br />exceed, sixty (60) days after the Policy expiration to report a claim made against the Insured during <br />the policy period if the reporting of such claim is as soon as reasonably possible. <br />2. Notice of Potential Claims <br />If during the policy period the Insured becomes aware of any act or omission that may reasonably <br />be expected to be the basis of a claim against the Insured and gives written notice to the Company <br />of such act or omission and the reasons for anticipating a claim, with full particulars, including but <br />not limited to: <br />a. the specific act or omission; <br />b. the dates and persons involved; <br />c. the identity of anticipated or possible claimants; <br />d. the circumstances by which the Insured first became aware of the possible claim, <br />then any such claim that arises out of such reported act or omission and that is subsequently made <br />against the Insured and reported to the Company shall be deemed to have been made at the time <br />such written notice was given to the Company. <br />B. Reimbursement of the Company <br />Subject always to the Insured’s right to consent to settlement, as set forth in Section I. INSURING <br />AGREEMENT, paragraph C, Settlement, if the Company, in the exercise of its discretion and without <br />any obligation to do so, pays any amount withi n the amount of the deductible, the Named Insured, or <br />upon the Named Insured's failure to pay, the Insureds, jointly and severally, shall be liable to the <br />Company for any and all such amounts and, upon demand, shall pay such amounts to the Company. <br />C. Territory <br />This Policy applies to an act or omission taking place anywhere in the world, provided that the claim is <br />made and suit is brought against the Insured within the United States of America, including its <br />territories, possessions, Puerto Rico or Canada. <br />D. Other insurance <br />If there is other insurance that applies to the claim, this insurance shall be excess over such other valid <br />and collectible insurance whether such insurance is stated to be primary, contributory, ex cess, <br />contingent or otherwise. When there is such other insurance, the Company will pay only its share of <br />the amount of any damages and claim expenses, if any, that exceed the sum of: <br />1. the total amount that all such other insurance would pay for with respect to such claim in the <br />absence of this insurance; and <br />2. the total of all deductible and self-insured amounts under all that other insurance. <br />This paragraph does not apply to any other insurance that was bought specifically to apply in excess of <br />the Limits of Liability shown in the Declarations of this Policy. <br />When this insurance is excess, the Company will have no duty under this Policy to defend the Insured <br />against any claim if any other insurer has a duty to defend the Insured against that claim. If no other <br />Docusign Envelope ID: D93C5068-8EF6-4BC9-8D5A-4D4FF1A6FBEF