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during installation or testing. (3) The most we will pay under this Additional Coverage is $5,000 in any one "occurrence ". The Deductible does not apply to these expenses. (4) This Additional Coverage is not subject to the Limits of Insurance of Section 1 - Property. p. Employee Dishonesty including ERISA Compliance (1) We will pay for direct loss of or damage to Business Personal Property and "money" and "securities" resulting from dishonest or criminal acts committed by any of your "employees" acting alone or in collusion with other persons (except you or your partner) with the manifest Intent to: (a) Cause you to sustain loss or damage; and also (b) Obtain financial benefit (other than salaries, commissions, fees, bonuses, promotions, awards, profit sharing, pensions or other employee benefits earned in the normal course of employment) for: (1) Any "employee "; or (2) Any other person or organization. (2) We will not pay for loss or damage: (a) Resulting from any dishonest act committed by any of your "employees" (except as provided in paragraph (1)), "managers ", directors, trustees, officers, administrators or persons of similar nature or responsibilities: (1) Whether acting alone or in collusion with other persons; or (2) While performing services for you or otherwise. (b) The only proof of which as to its existence or amount is: (1) An inventory computation; or (2) A profit and loss computation. (3) The most we will pay for loss or damage in any one "occurrence" is $10,000 or the amount shown in the Additional Property Coverage Schedule. This Additional Coverage is not subject to the Limits of Insurance for Section I - Property. (4) All loss or damage: 391 - 1003 06 09 17,961 Hanover insurance Croup_ OB39898815 1001051 (a) Caused by one or more persons; or (b) Involving a single act or series of acts; is considered one "occurrence ". (5) If any loss is covered: (a) Partly by this insurance; and (b) Partly by any prior cancelled or terminated insurance that we or any affiliate had issued to you or any predecessor in Interest; the most we will pay is the larger of the amount recoverable under this insurance or the prior insurance. We will pay only for loss or damage you sustain through acts committed or events occurring during the Policy Period. Regardless of the number of years this policy remains in force or the number of premiums paid, no Limit of Insurance cumulates from year to year or period to period. (6) This Additional Coverage is cancelled as to any "employee" Immediately upon discovery by: (a) You; or (b) Any of your partners, "members ", "managers ", officers or directors not in collusion with the "employee"; of any dishonest act committed by that "employee" before or after being hired by you. (7) We will pay only for covered loss or damage sustained during the policy period and discovered no later than one year from the end of the policy period. (8) If you (or any predecessor in Interest) sustained loss or damage during the policy period of any prior insurance that you could have recovered under that insurance except that the time within which to discover loss or damage had expired, we will pay for it under this Additional Coverage, provided: (a) This Additional Coverage became effective at the time of cancellation or termination of the prior insurance; and (b) The loss or damage would have been covered by this Additional Coverage had It been in effect when the acts or events causing Includes copyrighted material of Insurance Services Page 17 of 66 Office, Inc. with its permission