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3. Other Insurance <br />If any Claim or Wrongful Act noticed to the Insurers under this Policy is insured by another valid <br />policy or policies, then this Policy shall apply only in excess of the amount of any deductibles, <br />retentions and limits of liability under such other policy or policies, whether such other policy or <br />policies are stated to be primary, contributory, excess, contingent or otherwise, unless such other <br />insurance is written specifically excess of this Policy by reference in such other policy to the Policy <br />Number indicated on this Policy's Declarations. <br />4. Reimbursement of Insurers <br />If the Insurers have paid any Loss and /or Claims Expenses in excess of the applicable Limit of <br />Liability or within the amount of the applicable Deductible, the Insured shall be liable to the Insurers <br />for any and all such amounts and, upon demand, shall pay such amounts to the Insurers promptly. <br />5. Alteration and Assignment <br />No change in, modification of, or assignment of interest under this Policy shall be effective except <br />when made by written endorsement signed by an authorized representative of the Insurers. <br />6. Entire Contract <br />ADR (7/00) <br />By acceptance of this Policy the Insured agrees that the statements in the Declarations and <br />Application are its agreements and representations, that this Policy is issued in reliance upon the <br />truth of such representations and that this Policy embodies all agreements existing between the <br />Insured and the Insurers. <br />Notice Of Cancellation <br />This Policy may be cancelled by the Named Insured by giving written notice to the Insurers stating <br />when thereafter such cancellation shall be effective. This Policy may be cancelled by the Insurers <br />only for non - payment of premium, by mailing to the Named Insured at the Named Insured's address <br />shown in Item 1 of the Declarations, written notice stating when, not less than 10 days thereafter, the <br />cancellation shall be effective. The mailing of such notice as aforesaid shall be sufficient proof of <br />notice and this Policy shall terminate at the date and hour specified in such notice. <br />Named Insured Sole Agent <br />The Named Insured shall be the sole agent of all Insureds hereunder for the purpose of effecting <br />or accepting any amendments to or cancellation of this Policy, for the purpose of receiving such <br />notices as may be required by law and /or any provision(s) of this Policy, for the completing of any <br />Application and the making of any representations, for the payment of any premium and the <br />receipt of any return premium that may become due under this Policy, for the payment of any <br />Deductible obligations that may become due under this Policy, and the exercising or declining to <br />exercise any right under this Policy, including declining or exercising any Extended Reporting <br />Period. <br />6 of 6 <br />