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knows or should reasonably foresee that a covered act committed by you could be the basis of a <br />claim, <br />then, as a condition precedent to your right to coverage under this policy with respect to such claim <br />or covered act, you or your designee will give to us Notice in writing of such claim or covered act <br />as soon as practicable during the policy period or within 60 days after the end of the policy period. <br />6.3.2 Such notice shall contain particulars as to the time, place, and circumstances of the events <br />complained of, and the names and, if known, addresses of all claimants and of any available <br />witnesses. <br />6.3.3 The Notice to us in compliance with this Paragraph 6.3 shall be deemed a Claim first made against <br />you and reported to us during the Policy Period or Extended Reporting Period, if applicable. <br />Any claim that may subsequently be made against you arising out of such act or omission, or <br />Covered Act, shall be deemed for the purposes of this insurance to have been made against you <br />on the date we received the notice complying with this Paragraph 6.3. <br />6.4 Your assistance and cooperation <br />You will give us and any defense counsel assigned by us full cooperation and such information as we and <br />defense counsel reasonably request; including upon our request, assisting in making settlements in the <br />conduct of claims, attending hearings, trials, arbitrations, and mediations, and assisting in securing and <br />giving evidence and obtaining the attendance of witnesses. <br />Your obligations under this Condition 6.4 will survive the termination or expiration of the policy. <br />6.5 Innocent Insured - Waiver of Exclusion and Breach of Condition <br />Whenever coverage under any provision of this policy would be excluded, suspended or lost because of <br />noncompliance with the terms or conditions relating to the giving of notice to us of any claim with respect to <br />which any other of you shall be in default solely because of the default or concealment of such default by <br />one or more of you responsible for the loss otherwise covered hereunder, we agree that such insurance <br />as would otherwise be afforded under this policy shall apply with respect to those of you who did not <br />personally commit or personally participate in committing one or more acts, errors or omissions described in <br />such exclusion or condition; provided that if the condition be one with which you can comply, after receiving <br />knowledge thereof, those of you entitled to the benefit of this condition shall comply with such condition <br />promptly after obtaining knowledge of such noncompliance. <br />6.6 Alternative Dispute Resolution with Respect to a Claim Made Against you <br />In the event a claim made against you can, by agreement between us and the claimant, be referred to <br />mediation or arbitration, then we will have the right to have the claim so referred. We will give you written <br />notice of the intention to refer such claim to arbitration or mediation, and we will be entitled to exercise any <br />of your rights with respect to mediation or arbitration including, without limitation, choice of arbitrator(s) or <br />mediator(s) as the case may be and choice of venue. <br />6.7 Subrogation <br />In the event of any payment under this policy, we will be subrogated to all of your rights of recovery against <br />any person or entity, and you will execute and deliver such instruments and paper and do whatever else is <br />necessary to secure such rights. You shall do nothing to prejudice such rights. <br />Your obligations under this Condition 6.7 shall survive the termination or expiration of the policy. <br />Any amounts so recovered shall first be applied toward reimbursement of any payments made by you <br />pursuant to your DEDUCTIBLE and any remaining balance shall be ours. <br />6.8 Notice of Cancellation <br />This policy may be canceled by you by surrender of this policy to us or any of our authorized agents or by <br />mailing to us written notice stating when thereafter the cancellation will be effective. <br />LPLPOL01 [10/10] Page 10 of 14 Protective Insurance Company