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Benevate Inc.SAAS Subscription Agreement <br /> Claims Made Policies <br /> If any of the required policies provide coverage on a claims-made basis: <br /> 1.The Retroactive Date must be shown and must be before the date of the contract or the beginning of <br /> work. <br /> 2. Insurance must be maintained and evidence of insurance must be provided for at least three(3)years <br /> after completion of work. <br /> 3. If coverage is canceled or non-renewed,and not replaced with another claims-made policy form with <br /> a Retroactive Date prior to the contract effective date, Company must purchase"extended reporting" <br /> coverage for a minimum of three(3)years after completion of work. <br /> Verification of Coverage <br /> Company shall furnish Customer with original Certificates of Insurance including all required <br /> amendatory endorsements (or copies of the applicable policy language effecting coverage required by <br /> this clause)and a copy of the Declarations and Endorsement Page of the CGL policy listing all policy <br /> endorsements before work begins. However,failure to obtain the required documents prior to the work <br /> beginning shall not waive Company's obligation to provide them. Customer reserves the right to require <br /> complete, certified copies of all required insurance policies, including endorsements required by these <br /> specifications, at any time. <br /> Subcontractors <br /> Company shall require and verify that all subcontractors maintain insurance meeting all the <br /> requirements stated herein, and Company shall ensure that Customer is an additional insured on <br /> insurance required from subcontractors. <br /> Special Risks or Circumstances <br /> Customer reserves the right to modify these requirements, including limits, based on the nature of the <br /> risk, prior experience, insurer,coverage,or other special circumstances. <br /> Failure to Maintain Insurance Coverage <br /> If Company,for any reason,fails to maintain insurance coverage,which is required pursuant to this <br /> Agreement,for the entire term of this contract,the same shall be deemed a material breach of <br /> Agreement. Customer, at its sole option, may terminate this Agreement at any time and obtain damages <br /> from Company resulting from said breach. <br /> 14 <br />