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NE 00 31 01 19 Includes copyrighted material of Insurance Services Office, Inc., with its permission. Page 7 of 10 b. Bankruptcy Of Underlying Insurer Bankruptcy or insolvency of the “underlying insurance” carrier(s) will not relieve us of our obligations under this policy. However, insurance provided under this policy will not replace any "underlying insurance" in the event of: a. Bankruptcy or insolvency of the insured; or b. Its “underlying insurance” carrier(s). The insurance provided under this policy will apply as if the "underlying insurance" were in full effect and recoverable. 3. Duties In The Event Of An Event, Claim Or Suit a. You must see to it that we are notified as soon as practicable of an "event", regardless of the amount, which may result in a claim under this insurance. To the extent possible, notice should include: (1) How, when and where the "event" took place; (2) The names and addresses of any injured persons and witnesses; and (3) The nature and location of any "injury or damage" arising out of the "event". b. If a claim is made or suit is brought against any insured, you must: (1) Immediately record the specifics of the claim or suit and the date received; and (2) Notify us as soon as practicable. You must see to it that we receive written notice of the claim or suit as soon as practicable. c. You and any other insured involved must: (1) Immediately send us copies of any demands, notices, summonses or legal papers received in connection with the claim or suit; (2) Authorize us to obtain records and other information; (3) Cooperate with us in the investigation or settlement of the claim or defense against the suit; and (4) Assist us, upon our request, in the enforcement of any right against any per son or organization which may be liable to the insured because of "injury or damage" to which this insurance may also ap ply. d. No insured will, except at that insured's own cost: (1) Voluntarily make a payment; (2) Assume any obligation; or (3) Incur any expense, other than for first aid; without our consent. 4. First Named Insured Duties The first Named Insured is the person or organization first named in the Declarations and is responsible for the payment of all premiums. The first Named Insured will act on behalf of all other Named Insureds for: a. Giving and receiving of notice of cancellation; or b. The receipt of any return premium that may become payable. At our request, the first Named Insured will furnish us, as soon as practicable, with : a. A complete copy of any "underlying insurance"; and b. Any subsequently issued endorsements or policies which may in any way affect the insurance provided under this policy. 5. Cancellation a. The first Named Insured shown in the Declarations may cancel this policy by mailing or delivering to us advance written notice of cancellation. DocuSign Envelope ID: F525A306-8BF9-48E3-A552-7B4232EE8861DocuSign Envelope ID: AB91FD21-DAE2-4426-9C77-64582A7CE84DDocuSign Envelope ID: F2F8D7DE-DC83-42B9-896F-1B1561925E23