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D. Deductible 1. The terms and conditions of this insurance, including the Duties In The Event Of Loss provision, apply regardless of whether the Deductible amount applies to any loss or damage covered under this policy. 2. We may pay any part or all of the deductible amount to effect settlement of any claim or suit and, upon notification of the action taken, you shall promptly reimburse us for such part of the deductible amount as has been paid by us. E. Protection And Preservation Of Property 1. You must take all reasonable actions to avoid or reduce any: a. Loss or damage to Covered Property; and b. Circumstances likely to cause loss or damage to Covered Property; and c. Circumstances likely to result in a claim under this policy. 2. We will pay the reasonable and necessary costs incurred for such actions to temporarily protect or preserve Covered Property, provided such actions are necessary due to actual or imminent physical loss or damage due to a Covered Cause of Loss to such Covered Property 3. This provision does not increase the Limit Of Insurance, and we will not pay more for loss than the amount that would have been payable if you had not incurred such costs. F. Conformity To Law If any part of this policy is in conflict with local, state or federal law, those provisions in conflict will automatically change to conform to the law. G. Definitions 1. "Continuity" means costs incurred to match or maintain the environment of the "insured production" during "principal photography". The environment includes the weather, climate, natural lighting or seasonal changes under which you are filming the "insured production". 2. "Gross production costs" means all costs incurred by you during the policy period except: a. Administrative costs not directly related to an "insured production"; b. Any cost you did not initially incur or report as a cost directly related to the "insured production"; and c. Any other costs specifically stated not to be "gross production costs" in an endorsement to this policy. 3. "Insurable production cost' includes: a. All costs, including overhead, chargeable directly to an "insured production" or series of productions, including any amount of other overhead you declare at the time you declare an "insured production" or series of productions. However, the following costs will not be included in "insurable production cost': (1) Royalties, residuals, premiums paid for this insurance, interest on loans, and personal and real property taxes; (2) Story, scenario, music rights, and sound rights, except with respect to television series, specials and pilots; and (3) "Continuity". You have the option to include the costs described in subparagraphs (1), (2) and (3) above at the time you declare an "insured production" or series of productions. In that case, such costs will be included in the "insurable production cost". b. The amount of any loss or damage paid under this policy. This provision does not apply where premium is based on a charge per episode. RAMuagmadDlMsian wwlREVIEWED & APPROVED BY:Includes copyrighted material of Insurance Services Office, Inc., with its permissic� Risk Management Specialist