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HISCOX <br />3. You shall do nothing to prejudice such subrogation rights without first obtaining <br />Our written consent. <br />4. Any recovery shall first be paid to Us up to the amount of any Damages, Claim <br />Expenses or Supplemental Payments that We have paid. Any remaining <br />amounts shall be paid to You. <br />5. Notwithstanding the above, no subrogation shall be had against any Insured. <br />G. ALTERATION AND ASSIGNMENT <br />No change in, modification of or assignment of interest under this Policy shall be <br />effective unless made by written endorsement to this Policy signed by Our <br />authorized representative. <br />H. REPRESENTATIONS <br />As a condition precedent of Our obligations under this Policy, You represent that: <br />1. the statements and representations made by You in the Application are true <br />and are the basis of the Policy and are to be considered as incorporated into <br />and constituting a part of this Policy; <br />2. the statements and representations made by You in the Application shall be <br />deemed material to the acceptance of the risk assumed by Us under the Policy; <br />3. this Policy is issued in reliance upon the truth of the statements and <br />representations made by You in the Application; and <br />4. in the event the Application contains misrepresentations which materially affect <br />the acceptance of the risk assumed by Us under this Policy, this Policy shall be <br />void ab initio. <br />I. BANKRUPTCY OR INSOLVENCY <br />Your bankruptcy or insolvency shall not relieve Us of any of Our obligations under <br />this Policy. <br />J. TERRITORY <br />This Policy shall apply to Wrongful Acts committed anywhere in the world, <br />provided that any action, arbitration, or other proceeding for, in relation to, or arising <br />from the Claim is brought within the United States, its territories or possessions, or <br />Canada. <br />K. FALSE OR FRAUDULENT CLAIMS <br />If any Insured shall commit fraud in proffering any Claim or regarding the amount or <br />otherwise, this Insurance shall become void as to such Insured from the date such <br />fraudulent claim is proffered. <br />L. NAMED INSURED RESPONSIBILITIES <br />DPL P001 CW (05/13) <br />t Rlai MarmgmenfDMslun <br />RWEV/ED&APPROVEDBY. <br />FUW,�" Z V: &VAI <br />Rlsk Management Analyst <br />