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PROFESSIONAL AND POLLUTION LEGAL LIABILITY POLICY <br />FOR <br />THE CONSTRUCTION AND ENVIRONMENTAL SERVICE INDUSTRIES <br />Certain coverages are "claims -made and reported" and have different reporting requirements from other sections of <br />this Policy. In the event of a Claim, this Policy may require that a Claim be first made against you during the <br />Policy Period and reported to us, in writing, during the Policy Period, within ninety (90) days of the end of the <br />Policy Period, or the Optional Extended Reporting Period. Certain states mandate specific warnings, exceptions <br />or conditions. Please read this Policy carefully, including the Declarations and all Endorsements. <br />This Policy contains provisions that limit the amount of Legal Expense we are responsible to pay. <br />Throughout this Policy, the words "we", "us", and "our" mean the Company stated in the Declarations. The words <br />"you" and "your" mean the Insured. <br />Words that are bolded, except for caption headings, have the meaning set forth in SECTION III — DEFINITIONS, <br />whether expressed in singular or plural throughout this Policy. <br />SECTION I - INSURING AGREEMENTS <br />A. Professional Coveraaes <br />Professional Liability Coverage <br />We will pay on your behalf for Professional Loss that you become legally obligated to pay <br />because of a Claim resulting from an actual or alleged negligent act, error or omission in <br />Professional Services, provided that: <br />a. the Professional Services are rendered on or after the Retroactive Date and prior to the <br />end of the Policy Period; and <br />b. the Claim is first made against you during the Policy Period and reported to us, in writing, <br />during the Policy Period, within ninety (90) days of the end of the Policy Period, or, <br />where applicable, the Optional Extended Reporting Period, <br />2. Rectification Expense Coverage <br />We will pay on your behalf for Rectification Expense to avoid or reduce a Claim covered under <br />this Policy, provided that: <br />a. all Professional Services giving rise to actual or potential damages are rendered on or <br />after the Retroactive Date and prior to the end of the Policy Period; <br />b. during the Policy Period, you provide us with immediate notice of the negligent act, error <br />or omission and of the proposed corrective action, if any, along with all supporting <br />documentation, in writing prior to incurring any Rectification Expense, <br />C. you establish and we determine that your proposed Rectification Expense is reasonable <br />and necessary in light of the actual liability for a Claim covered under this Policy that can <br />be avoided or reduced by incurring the Rectification Expense; and <br />d. all Rectification Expense must be approved by us, in writing, prior to being incurred by <br />you. <br />If following the payment of Rectification Expense, a im is made against you, our total <br />RVIEWED r. _1 ppROED <br />By Risk Nt-.. )ivV rr <br />EVPCPocCP 0618 © 2018 X.L. America, Inc. All Rights Reserved. Wage 1 of 28 <br />May not be copied without permission. L 20 2020 <br />FKANt.1NE Il. VII 4RFer <br />