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Named Insured: National Safety Services, Inc. <br /> Policy Eff/Exp:2/1/2026-2/1/2027 <br /> Policy #: CSIPMPL00253-01 <br /> of cancellation or nonrenewal, reimbursement to COMPANY of any Deductible advanced, and the <br /> exercise of the rights provided in the Extended Reporting Period or Paragraph 12. below. <br /> 12. Subrogation <br /> In the event of any payment under this Policy,the COMPANY shall be subrogated to all the INSURED'S <br /> rights of recovery against any person or organization, and the INSURED shall execute and deliver <br /> instruments and papers and do whatever else is necessary to secure such rights. The INSURED shall <br /> do nothing to prejudice such rights. <br /> The COMPANY shall not exercise any such right against any persons, firms, or corporations included <br /> in the definition of an INSURED or against the INSURED'S clients if prior to the CLAIM, a waiver of <br /> subrogation was so required and accepted in writing under a specific contractual undertaking by the <br /> INSURED. <br /> All recoveries obtained through subrogation shall be applied equally towards the INSURED'S <br /> Deductible and the COMPANY'S costs with any remaining balance payable to the COMPANY. <br /> 13. Policy Territory <br /> The insurance afforded by this Policy applies worldwide, except, this Policy shall not apply to any <br /> CLAIM or risk which would be in violation of the laws of the United States including, but not limited <br /> to, U.S. economic or trade sanction laws or export control laws administered by the U.S. Treasury, <br /> State, and Commerce Departments (e.g. the economic and trade sanctions administered by the U.S. <br /> Treasury Office of Foreign Assets Control). <br /> Where suits are brought or CLAIMS are made outside of the United States of America and its territories <br /> and possessions, Puerto Rico, or Canada,the following additional provisions apply: <br /> (1) The COMPANY shall have the right but not the duty to investigate, defend, or settle any such <br /> CLAIMS brought against an INSURED; <br /> (2) If the COMPANY elects not to investigate, defend, or settle any such CLAIM, the INSURED shall, <br /> under the COMPANY'S supervision, arrange for such investigation and defense thereof as is <br /> reasonably necessary and subject to the COMPANY'S prior authorization, shall effect such <br /> settlement thereof as the COMPANY and an INSURED deem expedient; <br /> (3) The COMPANY will reimburse the INSURED for the reasonable cost of such investigation and <br /> defense and the amount of any settlement or judgement in excess of the Deductible amount <br /> stated in the Declarations, all subject to and within the Limits of Liability stated in the <br /> Declarations; and <br /> (4) Such reimbursement shall be made in United States currency at the rate of exchange prevailing <br /> on the due date the judgement is rendered or the date that the amount of the settlement is <br /> agreed upon or the date expenditure is made. <br /> CSIP PL 000 0002 Page 12 of 15 <br />