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Professional Liability or Errors & Omissions insurance with limits of at least $5,000,000 each <br />claim or wrongful act with a $250,000,000 deductible. <br />Fidelity Bond or Comprehensive Crime insurance covering employee dishonesty with limits <br />of at least $5,000,000 each claim with a $250,000,000 deductible. <br />Cyber Risk or Privacy Liability insurance with limits of at least $5,000,000 each claim or <br />wrongful act with a $250,000,000 deductible. <br />PRIAC will be solely responsible to pay and determine the deductibles on these insurance <br />policies, which will be issued by insurance carriers with an A.M. Best rating of A- or better. In the <br />event that any of the above-described insurance policies are written on a claims -made basis, then <br />such policy or policies shall be maintained during the entire period of the Agreement and for a <br />period of two (2) years following the termination or expiration of the Agreement. <br />PRIAC will provide reasonable notice of any material adverse change or cancellation of the <br />above-described insurance coverage. Employer shall be included as an additional insured on the <br />above -referenced policies. Certificates of insurance matching the terms of this section will be <br />provided upon Employer's reasonable written request. This section does not limit or expand <br />Prudential's indemnification obligations. <br />IN WITNESS WHEREOF, this Trust Agreement has been executed on the dates indicated below. The <br />persons executing this Trust Agreement represent that they are duly authorized to do so. <br />CITY OF SANTA ANA <br />PRUDENTIAL BANK & TRUST. FSB <br />RE <br />Date <br />