OCEAN BLUE ENVIROMENTAL SERVICES, INC.

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V E. Self -Insured Retention Amount 1. The Self -Insured Retention Amount must be satisfied before we have an obligation to pay. The Self -Insured Retention Amount must be paid by you and be uninsured. In the event that you or the person or entity designated by the First Named Insured does not satisfy the Self -Insured Retention Amount, the First Named Insured is responsible for the Self -Insured Retention Amount obligation. 2. Subject to the Limits of Liability set forth in Item (3) and Item (4) A. Professional Coverages of the Declarations, we are liable only for that portion of Professional Loss and Rectification Expense under SECTION I - INSURING AGREEMENTS, A. Professional Coverages, of this Policy in excess of the Self -Insured Retention Amount for each negligent act, error or omission, if any, set forth in Item (4) A. Professional Coverages of the Declarations for each such coverage. 3. Subject to the Limits of Liability set forth in Item (3) and Item (4) B. Pollution Coveraaes of the Declarations, we are liable only for that portion of Pollution Loss and Emergency Remediation Expense under SECTION I - INSURING AGREEMENTS, B. Pollution Coveraaes, of this Policy in excess of the Self -Insured Retention Amount for each Pollution Condition, if any, set forth in Item (4) B. Pollution Coverages of the Declarations for each such coverage. 4. Legal Expense applies to and reduces each applicable Self -Insured Retention Amount set forth in Item (4) A. Professional Coverages and Item (4) B. Pollution Coverages of the Declarations. 5. When a written agreement executed prior to the negligent act, error or omission in Professional Services or discovery of a Pollution Condition, specifies a Self -Insured Retention Amount less than the Self -Insured Retention Amount for the applicable coverage(s) stated in Item (4) of the Declarations, then the Self -Insured Retention Amount applicable to such coverage shall be the lesser amount required by that written agreement, provided that: a. you promptly reimburse us for the amount of the difference between the Self -Insured Retention Amount required by written agreement and the Self -Insured Retention Amount for the applicable coverage(s) stated in Item (4) of the Declarations; and b. you indemnify us for any loss, cost, expense or attorney's fees and costs incurred by us in enforcing our rights in this Subsection DA. above. 6. If you mutually agree with us to use Mediation to resolve a Claim and the Claim is subsequently resolved as a direct consequence of Mediation, the Self -Insured Retention Amount applicable to said Claim shall be reduced by fifty percent (50%), subject to a maximum reduction of no more than $25,000. In the event you owe any portion of the Self -Insured Retention Amount, it shall be paid to us within thirty (30) days following receipt of the executed, full and final release of the Claim. Multiple Insureds and Multiple Related Claims 1. The number of Insureds covered by this Policy shall not operate to increase either our Limits of Liability or Legal Expense set forth in Item (3) or Item (4) of the Declarations, or as set forth in SECTION II - SUPPLEMENTAL COVERAGES, notwithstanding any other provision of this Policy. 2, Two or more Claim(s) against one or multiple Insureds, Rectification Expense indemnified for one or multiple Insureds, or Protective Claim(s) made by one or multiple Insureds, for Professional Loss, Rectification Expense or Protective Loss based upon or arising out of the same, related, repeated or continuous negligent act, error or omission shall be treated as a single Claim, subject to: a. a single Limit of Liability; EVPCPocCP 0618 © 2018 X.L. America, Inc. All Rights Reserved. Page 19 of 28 May not be copied without permission.