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ENV-CPL 00003 00 (02/12) Page 14 of 22 <br />Includes copyrighted material of Insurance Services Offices, Inc. with its permission. <br />(2)Comply with laws, regulations, codes or standards. <br />This applies not only to us, but also to any rating, advisory, rate service or similar organization <br />which makes insurance inspections, surveys, reports or recommendations. <br />11.Legal Action Against Us <br />No person or organization has a right under this policy: <br />a.To join us as a party or otherwise bring us into a suit asking for damages from an insured; or <br />b.To sue us on this policy unless all of its terms have been fully complied with. <br />A person or organization may sue us to recover on an agreed settlement or on a final judgment <br />against an insured; but we will not be liable for damages that are not payable under the terms of this <br />policy or that are in excess of the applicable limit of insurance. An agreed settlement means a <br />settlement and release of liability signed by us, the insured and the claimant or the claimant's legal <br />representative. <br />12.Other Insurance <br />If other valid and collectible insurance is available to the insured for a loss we cover under this policy, <br />our obligations are limited as follows: <br />a.Primary Insurance <br />This insurance is primary except when Paragraph b. below applies. If this insurance is primary, <br />our obligations are not affected unless any of the other insurance is also primary. Then, we will <br />share with all that other insurance by the method described in Paragraph b. below. However, in <br />the event that a written contract or written agreement requires this insurance to be primary for any <br />person or organization with whom you agreed to insure and such person or organization is an <br />insured under this policy, we will not seek contributions from any such other insurance issued to <br />such person or organization. <br />b.Method of Sharing <br />If all of the other insurance permits contribution by equal shares, we will also follow this method. <br />Under this approach, each insurer contributes equal amounts until it has paid its applicable limit <br />of insurance or none of the loss remains, whichever comes first. <br />If any of the other insurance does not permit contribution by equal shares, we will contribute by <br />limits. Under this method, each insurer's share is based on the ratio of its applicable limit of <br />insurance to the total applicable limits of insurance of all insurers. <br />c.Project Specific Insurance Policy <br />Notwithstanding Paragraphs a. and b. above, if a project covered under this policy is insured <br />under a policy specifically purchased to apply to such project, this policy will apply excess of such <br />policy. <br />13.Premiums and Deductible <br />The first Named Insured shown in the Declarations: <br />Docusign Envelope ID: 03EC0D15-D674-4D12-9ED3-8A2C214EE218