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Cannon Corporation <br />C27737240601 <br />XX. SUBROGATION <br />In the event of any payment under this Insurance, the Underwriters shall be <br />subrogated to all the Insureds' rights of recovery therefore against any person or <br />organization, and the Insured shall execute and deliver instruments and papers <br />and do whatever else is necessary to secure such rights. The Insured shall do <br />nothing to prejudice such rights. The Underwriters agrees to waive its rights of <br />recovery against any client of the Named Insured for a Claim which is covered <br />pursuant to Insuring Clause I.A.I. and/or I.A.2 of this Policy to the extent the <br />Named Insured had, prior to such Claim, a written agreement to waive such <br />rights. Any recoveries shall be applied first to subrogation expenses, second to <br />Damages, Claims Expenses and Privacy Breach Response Services paid by <br />the Underwriters, and third to the Each Claim Deductible or Each Incident <br />Deductible (as applicable). Any additional amounts recovered shall be paid to <br />the Named Insured. <br />XXI. ENTIRE AGREEMENT <br />By acceptance of this Policy, all Insureds agree that this Policy embodies all <br />agreements existing between them and the Underwriters relating to this <br />Insurance. Notice to any agent or knowledge possessed by any agent or by any <br />other person shall not effect a waiver or a change in any part of this Policy or <br />estop the Underwriters from asserting any right under the terms of this Policy; nor <br />shall the terms of this Policy be waived or changed, except by written <br />endorsement issued to form a part of this Policy, signed by the Underwriters. <br />XXII. VALUATION AND CURRENCY <br />All premiums, limits, deductibles, Damages and other amounts under this Policy <br />are expressed and payable in the currency of the United States. If judgment is <br />rendered, settlement is denominated or another element of Damages under this <br />Policy is stated in a currency other than United States dollars or if Claims <br />Expenses are paid in a currency other than United States dollars, payment <br />under this Policy shall be made in United States dollars at the rate of exchange <br />published in the Wall Street Journal on the date the judgment becomes final or <br />payment of the settlement or other element of Damages is due or the date such <br />Claims Expenses are paid. <br />XXIII. BANKRUPTCY <br />Bankruptcy or insolvency of the Insured shall not relieve the Underwriters of their <br />obligations nor deprive the Underwriters of its rights or defenses under this <br />Policy. <br />F00120 <br />032016 ed. <br />84347633 124-25 GL/AL/WC/LN/PL I Isabella Saldiv,x 13/13/2025 11:50:56 AM (POT) I Page 15 of 15 <br />Page 30 of 31 <br />