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D. GENERAL CONDITIONS 1. Actions Against Company: No action shall lie against the Company unless,as a condition precedent thereto, each INSURED has fully complied with all of the provisions of this Policy,or until the amount of the INSURED'S obligation to pay shall have been finally determined either by written agreement of the INSURED or by judgment against the INSURED after actual trial and appeal has been concluded. Any person,organization or legal representative thereof who has secured such judgment or written agreement shall thereafter be entitled to recover under this Policy to the extent of the insurance afforded by this Policy. No person or organization shall have any right under this Policy to join the Company as a party to any action against the INSURED to determine the INSURED liability,nor shall the Company be implcaded by the INSURED or his legal representative. 2. Additional Premiums: If, during this POLICY PERIOD, an increase in the risk or hazards covered hereunder occurs,the Company shall have the right to charge the appropriate additional premium. 3. Assignment: This Policy may not be assigned and shall be void if assigned or transferred without prior written consent of the Company. 4. Bankruptcy or Insolvency: Bankruptcy or Insolvency of the INSURED or of the INSURED estate shall not relieve the Company of any of its obligations hereunder. 5. Cancellation: This Policy maybe cancelled by the NAMED INSURED by surrender thereof to the Company or any of its authorized agents or by mailing written notification stating when thereafter the cancellation shall be effective.This Policy may be cancelled by the Company for any reason,by mailing to the NAMED INSURED at the address shown in the Policy,written notification not less than 60 days (10 days for nonpayment of premium) thereafter such cancellation shall be effective.Proof of mailing of such notification shall be sufficient proof of notification.The time of surrender or the effective date and hour of cancellation statedin the notification shall become the end of the POLICY PERIOD. Delivery of such written notification either by the NAMED INSURED or by the Company shall be equivalent to mailing.If the NAMED INSURED cancels, earned premium shall be computed in accordance with the customary short rate table and procedure.If the Company cancels,earned prenuum shall be computed pro rata. Prenuum adjustment may be either at the time cancellation is effected or as soon as practicable after cancellation becomes effective,but payment or tender of unearned premium is not a condition of cancellation.The Company shall be entitled to cancel for non-payment of premium should monies,including,but not limited to premium,fees,or deductibles,be owed on any current or past policy by any NAMED INSURED to the Company.The Company shall be entitled to retain any unearned premium toward such monies owed. 6. Changes: Notification to any agent or knowledge possessed by any agent or by any other person shall not effect a waiver or a change in any part of this Policy or estop the Company from asserting any right under the terms of this Policy;nor shall the terms of this Policy be waived or changed,except by endorsement issued to form a part of this Policy. 7. Choice of Law: The policy shall be governed and construed in accordance with the laws of the State of New York,without giving effect to conflict of law rules. 8. Coverage Territory. This Policy applies to CLAIMS made: a. In the United States of America (including its territories and possessions),Puerto Rico and Canada; b. International waters or airspace, but only if the injury or damage occurs in the course of travel or transportation between any places included in Paragraph 1 above;or c. All other parts of the world if the injury or damage arises out of: i. Goods or products made or sold by the INSURED in the territory described in Paragraph a. above; or ii. The activities of a person whose home is in the territory described in Paragraph a. above,but is away for a short time on your business. provided the insured's responsibility, to pay damages is determined in a CLAIM on the merits, in the territory, described in Paragraph a. above or in a settlement we agree to. VP E 201(6/22) Page 6 of 10 ©2022 Virtue Risk Partners, LLC