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OVERDRIVE, INC.
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Last modified
9/5/2023 9:19:59 AM
Creation date
2/3/2021 4:59:40 PM
Metadata
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Template:
Contracts
Company Name
OVERDRIVE, INC.
Contract #
A-2021-012
Agency
Parks, Recreation, & Community Services
Council Approval Date
1/19/2021
Expiration Date
6/30/2024
Destruction Year
2029
Notes
For Insurance Exp. Date see Notice of Compliance
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CNA CNA PARAMOUNT <br />Cancellation / Non -Renewal — Ohio <br />Notice of cancellation must be mailed at least sixty (60) days prior to the effective date of such <br />cancellation. If cancellation is for non-payment of premium, the Insurer must mail notice of cancellation at <br />least ten (10) days prior to the effective date of such cancellation. All notices shall state the reason for <br />cancellation. Proof of mailing will be sufficient proof of notice. <br />PREMIUM REFUND <br />If this policy is cancelled, the Insurer will send the Named Insured any premium refund due. If the Insurer cancels <br />the refund will be pro rate. If the Named Insured cancels, the refund may be less than pro rate. The cancellation <br />will be effective even if the Insurer has not made or offered a refund. <br />C. NON -RENEWAL <br />The Insurer has the right to non -renew this policy effective at the policy expiration date. All notices of non -renewal <br />must be mailed to the Named Insured at the last mailing address known, at least sixty (60) days prior to the <br />expiration date of the policy and shall provide a specific explanation of the reason(s) for non -renewal. Proof of <br />mailing will be sufficient proof of notice. <br />Such notice shall contain all of the following: <br />1. The policy number; <br />2. The date of the notice; <br />3. The expiration date of the policy; <br />4. An explanation of the reason for non -renewal; <br />5. Such notice of nonrenewal also shall be mailed to the insured's agent. <br />If the notice of non -renewal is mailed less than sixty (60) days before the expiration date of the policy, the <br />insured's coverage then in effect remains in effect until sixty (60) days after the date of mailing the notice, unless <br />the insured notifies the insurer in writing that the insured accepts the non -renewal as stated. The insurer shall <br />notify the insured of the amount of the premium for the time after the expiration date that the coverage may <br />remain in effect, and the insured shall pay such premium unless the insured accepts the stated non -renewal. The <br />premium must be calculated using the rates originally applicable to the insured's coverage then in effect. <br />All other terms and conditions of the Policy remain unchanged. <br />This endorsement, which forms a part of and is for attachment to the Policy issued by the designated Insurers, takes effect <br />on the effective date of said Policy at the hour stated in said Policy, unless another effective date is shown below, and <br />expires concurrently with said Policy. <br />CNA628140H (9-12) <br />Page 2 of 2 <br />Nat'l Fire Ins Co of Hartford <br />Insured Name: OVERDRIVE HOLDINGS, INC. <br />Re tEwen 6 AwRwED ft <br />F401� P. {l:%t'.wd <br />Risk Management Analyst <br />Copyright CNA All Rights Reserved. <br />
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