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L. SubrogationL. Subrogation Any amount recovered through subrogation or Any amount recovered through subrogation or <br />otherwise shall be apportioneotherwise shall be apportioned in the inverse order d in the inverse order <br />In the event of any payment under this policy, the In the event of any payment under this policy, the <br />of payment of the claim or claims involved to the of payment of the claim or claims involved to the <br />insured must notify us of any of the insured's rights insured must notify us of any of the insured's rights <br />extent of actual payment thereof by all interests. The extent of actual payment thereof by all interests. The <br />of recovery against any person or organization. We of recovery against any person or organization. We <br />expenses of all such recoveries and proceedings in expenses of all such recoveries and proceedings in <br />shall be subrogated to all such rights. The shall be subrogated to all such rights. The <br />connection therewith shall be apportioned in the connection therewith shall be apportioned in the <br />insured shall execute and deliver instruments insured shall execute and deliver instruments <br />ratio of respective recoveries. With respect to ratio of respective recoveries. With respect to <br />and papers and do whatever else is necessary to and papers and do whatever else is necessary to <br />proceedings conducted solely by us, if there is no proceedings conducted solely by us, if there is no <br />secure such rights. The insured shall do nothing secure such rights. The insured shall do nothing <br />recovery, we will bear the expense thereof. If there recovery, we will bear the expense thereof. If there <br />after loss to prejudice such rights. However we after loss to prejudice such rights. However we <br />is a recovery, we shall be reimbursed in full from is a recovery, we shall be reimbursed in full from <br />waive any rights of recovery we may have waive any rights of recovery we may have <br />such recovery for the amsuch recovery for the amount of all expenses ount of all expenses <br />against any person or organization if the against any person or organization if the <br />incurred by us before apportionment of such incurred by us before apportionment of such <br />underlying insuranceunderlying insurance also waives such rights. also waives such rights. <br />recovery as herein provided. recovery as herein provided. <br />ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED. <br />PPU 304 06 10 Page 2 of 2 <br />9:569835!}!22036.37!HM-!BVUP-!FYDFTT-!XD!'!QM!!}!)BWD*!Cfuuz!Usbo!}!303703137!4;13;66!QN!)QTU*!}!Qbhf!2:!pg!32 <br /> <br />