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s cfc This optional extended reporting period will cover, subject to all other terms, conditions and exclusions of this Policy: a. in respect of INSURING CLAUSES 1 and 6 (SECTION G only), any claim first made against you and reported to us during this optional extended reporting period, provided that the claim arises out of any act, error or omission committed prior to the date of cancellation or non -renewal; and b. in respect of INSURING CLAUSES 2, 3, 4 and 5, any eyber event, system failure or loss first discovered by you during this optional extended reporting period, provided that the cyber event, system failure or lass first occurred during the period of the policy. If you would like to purchase the optional extended reporting period you must notify us and pay us the optional extended reporting period premium stated in the Declarations page within 30 days of cancellation or non -renewal. The right to the optional extended reporting period will not be available to you where cancellation or non -renewal by us is due to non-payment of the premium or your failure to pay any amounts in excess of the applicable limit of liability or within the amount of the applicable deductible as is required by this Policy in the payment of claims. At the renewal of this Policy, our quotation of different premium, deductible, limits of liability or changes in policy language will not constitute non -renewal by us. 13. Maintenance of employee automobile liability insurance It is a condition precedent to indemnity under INSURING CLAUSE 6 (SECTIONS H and I only) that all employees who operate an automobile in the course of your businessactivities will maintain in full force and effect for the period of the policy primary automobile liability insurance in an amount equal to, or greater than, the minimum primary automobile liability limits required in the state of registration of the automobile. If you make a claim under INSURING CLAUSE 6 (SECTIONS H and I only) and the employee has failed to meet these requirements then this Policy will only respond to provide excess coverage as though the requirements had been met, wherebyyou agree to pay all sums within and up to the required minimum limit. 14. Mergers and acquisitions If you acquire an entity dw i ng the period of the i licy'whose annual revenue does not exceed 2O= of the company's annuai _venue, as stated in its most recent annual financial statements, cover is automatically extended under this Policy to include the entity as a subsidiary. If you acquire an entity during the period of the policy whose annual revenue exceeds 2096 of the company's annual revenue, as stated in its most recent annual financial statements, cover is automatically extended under this Policy to include the entity as a subsldiaryfor 45 days. APPROVED By Cynthia Mora at 12:28 pm, Nov 14, 2024