ALTERTECH SOLUTIONS, LLC - Laserfiche WebLink

Home Browse Search

s cfc We will consider providing cover for the acquired entity after the period of 45 days if: a. you give us full details of the entity within 45 days of its acquisition; and b. you accept any amendment to the terms and conditions of this Policy and agree to pay any additional premium required by us. In the eventyou do not comply with a. and b. above, cover will automatically terminate for the entity 45 days after the date of its acquisition. Cover for any acquired entity is only provided under this Policy for any act, error or omission committed or alleged to have been committed on or after the date of its acquisition. No cover will be automatically provided under this Policy for any acquired entity: a. whose business activities are maternally different from your business activities; b. that has been the subject of any lawsuit, disciplinary action or regulatory investigation in the 3 year period prior to its acquisition; or c. that has experienced a eyber event in the 3 years period prior to its acquisition, if you have purchased INSURING CLAUSES 2, 3, 4 or 5 and the cyber event cost more than the highest deductible of INSURING CLAUSES 2, 3, 4 or 5 If during the period of the policy you consolidate, merge with or are acquired by another entity then all coverage under this Policy will terminate at the date of the consolidation, merger or acquisition unless we have issued an endorsement extending coverage, and you have agreed to any additional premium and terms of coverage required by us. 15. New subsidiaries If you create an entity during the period of the policy cover is automatically extended under this Policy to include the entity as a subsidiary for 45 days. We will consider providing cover for the created entity after the period of 45 days if: a. you give us full details of the entity within 45 days of its creation; and b. you accept any amendment to the terms and conditions of this Policy and agree to pay any additional premium required by Lis. In the event you do ojth a, and b. above, cover will automatically terminate for the entity 45 days after t - _ creatian. Cover for any created entity is only provided under this Policy for any act, error or omission committed or alleged to have been committed on or after the date of its creation. No cover will be automatically provided under this Policy for any created entity whose business activities are materially different from your business activities. APPROVED By Cynthia Mora at 12:2g p=Nov14,