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such "employee's' dependents (d) We may pay any part or all and beneficiaries, as a result of. of the Deductible Amount to effect settlement of any (a) An act, error or omission; or claim or "buit' and, upon no- b) A series of related acts, er- tification of the action taken, rors or omissions, regard- you shall promptly reim- less of the amount of time burse us for such part of the that lapses between such Deductible Amount as we acts, errors or omissions; have paid. negligently committed in the d. Additional Conditions "administration" of your "employ- As respects Employee Benefit Lia- ee benefit program". bility Coverage, Section IV - Com- However, the amount paid under mercial General Liability Condi- this endorsement shall not ex- Lions is amended as follows: ceed, and will be subject to the (1) Item 2. Duties In The Event Of limits and restrictions that apply Occurrence, Offense, Claim Or to the payment of benefits In any Suit is replaced by the following: plan included in the "employee benefit program." 2. Duties In The Event Of An 4 Deductible Amount Act, Error Or Omission, Or () Claim Or Suit (a) Our obligation to pay dam- a. You must see to it that ages on behalf of the in- we are notified as soon sured applies only to the as practicable of an act, amount of damages in ex- error or omission which cess of the Deductible may result in a claim. Amount stated in the Decla- To the extent possible, rations as applicable to notice should include: Each Employee. The limits of insurance shall not be re- (1) What the act, error duced by the amount of this or omission was deductible. and when it oc- curred; and (b) The Deductible Amount stated in the Declarations (2) The names and applies to all damages sus- addresses of any- tained by any one "employ- one who may suf- ee', including such "employ- fer damages as a ee's" dependents and bene- result of the act, fidades, because of all acts, error or omission. errors or omissions to which this insurance applies. b. If a claim is made or "suit' is brought against (c) The terms of this insurance, any insured, you must: including those with respect to: (1) Immediately record the specifics of the 1) Our right and duty to claim or "suit' and defend the insured the date received; against any "suits" and seeking those damag- es; and (2) Notify us as soon as practicable. 2) Your duties, and the du- ties of any other in- You must see to it that a volved insured, the we receive written no - event of act, error tice of the claim or "suit' omission, or claim; as soon as practicable. apply irrespective of the ap- c. You and any other in- plication of the Deductible volved insured must: Amount. Includes copyrighted material of InsuranceREMEWM& APPROVED Or GA 227 0917 Services Office, Inc., with its permission. G 7« ."." 2�slc M}anage�rmtiCleric:�l.4ide