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n'r+ <br /> HISCQXC-Suite Crime Coverage Part <br /> Loss Discovered Policy <br /> 4. If the limit stated in the Declarations for Insuring agreement A.S. ERISA no longer <br /> complies with the minimum amount of coverage required for an employee benefit plan <br /> under ERISA,we agree to increase the limit applicable to each such employee benefit <br /> plan to an amount equal to the minimum amount of coverage required under ERISA, <br /> provided: <br /> a. the noncompliance was not due to investment in non-qualified assets; and <br /> b. the original limit was in compliance at the inception of the policy period. <br /> 5. Any payments we make to an employee benefit plan for losses it sustains must be <br /> held by that employee benefit plan's sponsor for the use and benefit of the employee <br /> benefit plan. <br /> Ownership of property and B. This Coverage Part applies to personal property only as follows: <br /> interests covered 1. With respect to Insuring agreements A.1. Employee Theft and A.3. Vendor Theft, <br /> coverage is limited to property you own or lease. <br /> 2. With respect to Insuring agreements A.2. Third Parties' Property and DA. Customers' <br /> Accounts, coverage is limited to property: <br /> a. your client or vendor, or other person with whom you or your employees <br /> interact in connection with the performance of your business operations, owns or <br /> leases; <br /> b. your client or vendor, or other person with whom you or your employees <br /> interact in connection with the performance of your business operations, holds for <br /> others,whether or not anyone described in this part b is legally liable for the loss <br /> of such property; or <br /> C. that is owned, leased,or held by any individual or entity(other than you or an <br /> employee)for which you are legally liable. <br /> 3. With respect to Insuring agreements, A.4. Executives' Property, B.3. Executives' <br /> Accounts, coverage is limited to property that an executive employee owns, leases, or <br /> holds for others. <br /> 4. With respect to all other Insuring agreements, coverage is limited to property: <br /> a. you own or lease; or <br /> b. you hold for others whether or not you are legally liable for the loss of such <br /> property. <br /> However, this policy is for your benefit only. It provides no rights or benefits to any other <br /> person or organization.Any claim for loss under this Coverage Part must be presented by <br /> you. <br /> Policy Bridge—Discovery C. If this policy replaces insurance that provided you with an extended period of time after <br /> replacing loss sustained cancellation to discover loss,which did not terminate at the time this policy became effective, <br /> we will not pay for any loss that occurred during the prior policy's policy period which you or <br /> an executive employee discover during that extended period to discover loss. <br /> However, we will pay the amount of any loss which exceeds the combined total of the limit <br /> and deductible of that prior policy if the loss would otherwise be covered under this Coverage <br /> Part.Any such payments will not be greater than the difference between the limit of that prior <br /> policy and the applicable limit of this Coverage Part. No deductible will apply to this excess <br /> loss. <br /> Recoveries D. 1. Any recoveries,whether made before or after any payment under this Coverage Part, or <br /> by you or us,will be applied as follows: <br /> a. first, to the expenses incurred by you or us to pursue the recovery,whoever <br /> incurred it; <br /> b. second, to you for your loss in excess of the amount of loss we paid under this <br /> Coverage Part, if the excess loss would otherwise be covered; <br /> Includes copyrighted material of <br /> Insurance Services Offices, Inc.,with its permission <br /> CSUCRI P0001A CW(12/22) Page 6 of 18 <br />