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<br /> HISCQXC-Suite General Terms and Conditions
<br /> Management control means having:
<br /> 1. an ownership interest of more than 50%;
<br /> 2. an ownership interest representing more than 50%of the voting, appointment, or designation
<br /> power for the selection of a majority of the board of directors, the management committee
<br /> members, or the members of the management board,whichever is applicable; or
<br /> 3. the right, whether by law,written contract, or the bylaws, charter, operating agreement,or
<br /> similar documents of an entity,to elect,appoint, or designate a majority of the board of
<br /> directors, the management committee, or the management board,whichever is applicable.
<br /> Management Liability means any D&O Coverage Part, the Public Officials Liability Coverage Part, the Educators Legal
<br /> Coverage Part Liability Coverage Part, the EPL Coverage Part, the Fiduciary Coverage Part, and/or the Employed
<br /> Lawyers Coverage Part.
<br /> Policy period means the period of time stated in Item 2 of the Declarations, and any discovery period, if
<br /> purchased.
<br /> Related claims means all claims that are based upon, arise out of, or allege:
<br /> 1. the same wrongful act or related wrongful acts; or
<br /> 2. the same breach.
<br /> The determination of whether a claim is related to another claim will not be affected by the
<br /> number of claimants or insureds involved, causes of action asserted, or duties involved.
<br /> Related wrongful acts means wrongful acts that:
<br /> 1. are based upon, arise out of, or allege the same, repeated, or continuous breach of duty,
<br /> neglect, error, misstatement, misleading statement, omission, or act;
<br /> 2. are based upon, arise out of, or allege a common fact, circumstance, situation, event, service,
<br /> transaction, cause, or origin, or the same or related damages; or
<br /> 3. have as a common nexus or nucleus any facts or series of facts.
<br /> Retention means the amount or time stated as such in the Declarations. Any references to"deductible" in
<br /> any Coverage Part you have purchased will have the same meaning as retention.
<br /> Retroactive date means the date stated as such in the Declarations with respect to each Coverage Part you have
<br /> purchased which includes a retroactive date.
<br /> We, us, or our means the Company stated in the Declarations as issuing this policy.
<br /> Wrongful act means wrongful act(as defined in any D&O Coverage Part, the Public Officials Liability Coverage
<br /> Part,or the Educators Legal Liability Coverage Part), employment practices wrongful act(as
<br /> defined in the EPL Coverage Part), fiduciary wrongful act(as defined in the Fiduciary Coverage
<br /> Part), or employed lawyers wrongful act(as defined in the Employed Lawyers Coverage Part).
<br /> You, your, or insured means any individual or entity expressly described as an insured in any Coverage Part you have
<br /> purchased.
<br /> CSU P0001A CW(12/22) Page 6 of 6
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