FAUSTMAN, CARLTON, DISANTE & FREUDENBERG

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Northland ffisurance Companies ® An Associates Company LAWYERS PROFESSIONAL LIABILITY NOTICE This insurance is written on a Claims made and reported basis and applies only to Claims first made against the Insured during the Policy Period and which are reported to the Company immediately and in no event later than sixty (60) calendar days after the expiration of this policy, provided, that at the effective date of this policy, or at the effective date of an earlier policy issued by the Company of which this policy is a renewal or replacement, the Insured has no knowledge of or could not have reasonably foreseen any circumstances which might result in a Claim against the policy. No coverage exists for Claims first made against the Insured after the end of the policy term unless, and to the extent, an extension of coverage applies. Words and phrases that appear in bold print have special meaning. Refer to DEFINITIONS. INSURING AGREEMENTS In consideration of the payment of premium, and subject to the exclusions and other terms of the policy, the Company (a stock insurance company) agrees with the Insured named in the Declarations as follows: COVERAGE a. To pay on behalf of the Insured all sums which the Insured shall become legally obligated to pay as Damages resulting from any Glaim or Claims first made against the Insured and reported to the Company immediately and in no event later than sixty (60) calendar days after the expiration'of this policy: by reason of any act or omission by the Insured or by any person for whom the Insured is legally liable in the rendering of Professional Services; because of Personal Injury arising out of the rendering of Professional Services; PROVIDED ALWAYS THAT such act or omission or Personal Injury occurs: during the Policy Period, or prior -to the Policy Period provided that, prior to the effective date of this policy: (1) the Insured did not give notice to any'prior insurer of any such act, omission or Personal Injury; and, (2) the Insured had no basis to believe any such act, omission or Personal Injury might reasonably expected to give rise to a Claim; and, (3) there is no other policy which provides insurance for such liability or Claim. b. To reimburse the Named Insured up to $10,000 per Policy Period, for reasonable fees, costs and expenses incurred in defending a disciplinary proceeding based on a Grievance first made against any Insured during the Policy Period and reported to the Company in writing during the Policy Period or within (60) days thereafter. This coverage applies only to such fees, costs and expenses. It does not apply to any monetary awards of any kind, judgments or settlements relating to, or directly or indirectly resulting from the institution or any disposition of disciplinary proceedings. The deductible shall not apply to this insuring agreement; however, any payments made by the Company under this insuring agreement shall be included within the applicable Limits of Liability and not in addition thereto. S1599-EO (12/98) rage 1 of 9