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UMBRELLA <br />EU 00 01 07 16 © 2016 The Travelers Indemnity Company. All rights reserved.Page 1 of 22 <br />EXCESS FOLLOW-FORM AND UMBRELLA <br />LIABILITY INSURANCE <br />THIS POLICY, IN PART, PROVIDES FOLLOW-FORM LIABILITY COVERAGE. <br />COVERAGE WILL APPLY ON A CLAIMS-MADE BASIS WHEN FOLLOWING <br />CLAIMS-MADE UNDERLYING INSURANCE. <br />COVERAGE WILL APPLY ON A DEFENSE-WITHIN-LIMITS BASIS WHEN <br />FOLLOWING UNDERLYING INSURANCE UNDER WHICH DEFENSE <br />EXPENSES ARE PAYABLE WITHIN, AND NOT IN ADDITION TO, THE LIMITS <br />OF INSURANCE. WHEN FOLLOWING SUCH UNDERLYING INSURANCE, <br />PAYMENT OF DEFENSE EXPENSES UNDER THIS POLICY WILL REDUCE, <br />AND MAY EXHAUST, THE LIMITS OF INSURANCE OF THIS POLICY. <br />PLEASE READ THE ENTIRE POLICY CAREFULLY. <br />Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and <br />what is and is not covered. <br />Throughout this policy, the words "you" and "your" refer to the Named Insured shown in the Declarations and any <br />other person or organization qualifying as a Named Insured under this policy. The words "we", "us" and "our" refer <br />to the company providing this insurance. <br />The word "insured" means any person or organization qualifying as such under SECTION II – WHO IS AN <br />INSURED. <br />Other words and phrases that appear in quotation marks have special meaning. Refer to SECTION VI – <br />DEFINITIONS. <br />SECTION I – COVERAGES <br />A. COVERAGE A – EXCESS FOLLOW-FORM <br />LIABILITY <br />1.We will pay on behalf of the insured those <br />sums, in excess of the "applicable underlying <br />limit", that the insured becomes legally <br />obligated to pay as damages to which <br />Coverage A of this insurance applies, provided <br />that the "underlying insurance" would apply to <br />such damages but for the exhaustion of its <br />applicable limits of insurance. If a sublimit is <br />specified in any "underlying insurance", <br />Coverage A of this insurance applies to <br />damages that are in excess of that sublimit only <br />if such sublimit is shown for that "underlying <br />insurance" in the Schedule Of Underlying <br />Insurance. <br />2.Coverage A of this insurance is subject to the <br />same terms, conditions, agreements, <br />exclusions and definitions as the "underlying <br />insurance", except with respect to any <br />provisions to the contrary contained in this <br />insurance. <br />3.The amount we will pay for damages is limited <br />as described in SECTION III – LIMITS OF <br />INSURANCE. <br />4.For the purposes of Paragraph 1. above: <br />a.The applicable limit of insurance stated <br />for the policies of "underlying insurance" <br />in the Schedule Of Underlying Insurance <br />will be considered to be reduced or <br />exhausted only by the following <br />payments: <br />(1)Payments of judgments or <br />settlements for damages that are <br />covered by that "underlying <br />insurance". However, if such <br />"underlying insurance" has a policy <br />period which differs from the policy <br />period of this Excess Follow-Form <br />And Umbrella Liability Insurance, any <br />such payments for damages that <br />would not be covered by this Excess <br />Follow-Form And Umbrella Liability <br />POLICY NUMBER: CUP-3T402591-25-14 <br />Docusign Envelope ID: 03EC0D15-D674-4D12-9ED3-8A2C214EE218