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Limit of Liability stated in the SCHEDULE OF ADDITIONAL COVERAGES AND LIMITS above The Company will pay on behalf of the Named Insured for Reputation Restoration Expenses only if all of the following conditions are met: 1. The Named Insured has (a) first reported the Claim to the Company, (b) obtained the Company's consent to payment of Reputation Restoration Expenses which consent will not be unreasonably withheld and (c) uses a reputation restoration service provider designated by the Company; and 2. The Reputation Restoration Expenses are directly related to a Claim covered under this Policy; and 3. Reputation Restoration Expenses relate to services rendered within ninety (90) days following the first publication of a covered Claim; and 4. Reputation Restoration Expenses are incurred for services provided, no more than twelve (12) months following the reporting of a covered Claim. D. Lifetime Occurrence Reporting Provision for Retired, Disabled, or the Legal Representatives of Deceased Sole Proprietors or Sole Stockholders of Professional Corporations when acting in their capacity as such. It is agreed that Section XI, NOTICE/CLAIM REPORTING PROVISIONS of the SPECIFIED PROFESSIONS PROFESSIONAL LIABILITY COVERAGE FORM is amended by the addition of the following for the purposes of coverage under this endorsement only: If this Policy is canceled by the Named Insured or the Named Insured ceases to provide Professional Services due to death or the divestiture or dissolution of the Named Insured's sole proprietorship or a professional corporation in which the Named Insured is the sole stockholder, and such divestiture or dissolution is for the reasons set forth below, the Named Insured or the Named Insured legal representative as applicable, shall be provided, without additional charge, an unlimited extension of time to report any Claim(s) first made against the Named Insured after the effective date of such cancellation, death, dissolution or divestiture: 1. Retirement of the Named Insured from the performance of Professional Services at age fifty-five (55) or older; or 2. Total disability which prevents the Named Insured from providing Professional Services,; or 3. Death of the Named Insured. However, this extension of time to report a Claim(s) shall only be afforded in the event that the Wrongful Act was committed before the effective date of cancellation, death, divestiture or dissolution and no Professional Liability policy, or policy providing essentially the same type of coverage, or extended reporting period, is in effect at the time the Claim is made. The extension of time to report a Claim(s) will terminate if the Named Insured resumes performance of Professional Services in any capacity or when the Named Insured's estate is closed. The Named Insured or Named Insured's legal representative, must notify the Company in writing if this coverage is desired within sixty (60) days after the effective date of cancellation, death, divestiture or dissolution. SP 283 (04-13) Risk Mvw&a tDMlan o� REVIEWED 6 APPROVED Br. ®Rtsk Management Analyst