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POLICY NUMBER: ELP 0013494 00 <br />COMMERCIAL EXCESS LIABILITY <br />CX 27 00 09 08 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />UNDERLYING CLAIMS -MADE COVERAGE <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL EXCESS LIABILITY COVERAGE PART <br />SCHEDULE <br />Retroactive Date: 0 5/ 0 6/ 2 021 <br />(Enter Date Or "NONE"If No Retroactive Date Applies.) <br />Information required to complete this Schedule, if not shown above, will be shown in the Declarations. <br />If any "controlling underlying insurance" is written <br />on a claims -made basis, the following applies to <br />the insurance provided by this Coverage Part which <br />is excess over that underlying insurance: <br />A. Paragraph 1.c. under Section I — Coverages is <br />replaced by the following: <br />If the "controlling underlying insurance" requires, <br />for a particular claim, that the "injury or <br />damage" occur on or after the Retroactive Date <br />shown in the Declarations of that insurance in <br />order for that coverage to apply, then this <br />insurance will only apply to that "injury or <br />damage" which occurs on or after the <br />Retroactive Date shown in the Schedule of this <br />endorsement but before the end of the policy <br />period of this Coverage Part. If the "controlling <br />underlying insurance" requires, for a particular <br />claim, that the "event" causing the particular <br />"injury or damage" takes place on or after the <br />Retroactive Date shown in the Declarations of <br />that insurance in order for that coverage to <br />apply, then this insurance will apply to the claim <br />only if the "event" causing that "injury or <br />damage" takes place on or after the Retroactive <br />Date shown in the Schedule of this endorsement <br />but before the end of the policy period of this <br />Coverage Part. <br />A claim for damages for such "injury or <br />damage" must be first made against the insured <br />during this policy period or any extended <br />reporting period provided under this Coverage <br />Part. A claim will be considered first made <br />under this Coverage Part: <br />(1) When notice of such claim is received and <br />recorded by any insured or by us, whichever <br />comes first, if the "controlling underlying <br />insurance" is written on a claims -made and <br />recorded basis; or <br />(2) When notice of such claim, after being re- <br />ceived by any insured, is reported to us in writ- <br />ing, if the "controlling underlying insurance" is <br />written on any other claims -made basis. <br />B. The following is added to Section II — Limits Of <br />Insurance : <br />The "retained limit" will only be reduced or ex- <br />hausted by payments of claims, or defense ex- <br />penses if the limits of "controlling underlying insur- <br />ance" are reduced by defense expenses for that <br />insurance, that are made during the policy period, <br />or any Extended Reporting Period, of this Cover- <br />age Part. <br />C. The following Section is added: <br />CLAIMS -MADE EXTENDED REPORTING <br />PERIOD <br />1. Any provisions under the "controlling underly- <br />ing insurance" relating to an Extended Report- <br />ing Period for which a separate premium charge <br />is made do not apply to this insurance, unless <br />an Extended Reporting Period is purchased <br />under this insurance. <br />2. An Extended Reporting Period, consistent with <br />the terms, conditions and duration of any Ex- <br />tended Reporting Period available in accor- <br />dance with the terms of any "controlling under- <br />lying insurance", will be available for this <br />Coverage Part by endorsement, for an addi- <br />tional charge, if: <br />a. This policy is cancelled or not renewed; or <br />b. This policy is renewed or replaced with <br />insurance that: <br />(1) Has a Retroactive Date later than the <br />date shown in <br />dorsement; or <br />CX 27 00 09 08 C ISO Properties, Inc.,2007 <br />�oRaN <br />} r <br />RisleManagementDMsfan <br />REVIEWED & APPROVED BY.- <br />f P1. Vi&4441 <br />Risk Management Analyst <br />