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SCOTTSDALE INSURANCE COMPANY, <br />A Stock Insurance Company, herein called the Company <br />ERRORS AND OMISSIONS COVERAGE PART <br />Various provisions in this Coverage Part restrict coverage. Read the entire Coverage Part carefully to deter- <br />mine rights, duties, and what is and is not covered. <br />Throughout this Coverage Part the words "you" and "your" refer to the Named Insured shown in the Declara- <br />tions, and any other person or organization qualifying as a Named Insured under this Coverage Part. The <br />words "we, "us,"and "our" refer to the company providing this insurance. <br />The word "insured" means any person or organization qualifying as such under WHO IS AN INSURED <br />(SECTION II). <br />Other words and phrases that appear in quotation marks have special meaning. Refer to DEFINITIONS <br />(SECTION VI). <br />SCHEDULE <br />Description of Services: <br />Coverage <br />Limits Of Insurance <br />Errors or Omissions <br />$-----------1000 000--------- <br />000-------- <br />Each Claim <br />—_Aggregate <br />Premium Basis <br />Rate <br />Premium <br />$ <br />INCLUDED <br />SECTION I • COVERAGE <br />1. Insuring Agreement <br />a. We will pay those sums that the insured becomes legally obligated to pay as "damages" as a result <br />of an "error or omission" to which this insurance applies. We will have the right and duty to defend <br />the insured against any "suit" seeking those "damages." However, we will have no duty to defend <br />the insured against any "suit" seeking "damages" for an "error or omission" to which this insurance <br />does not apply. We may, at our discretion, investigate any "error or omission" and settle any "claim" <br />or "suit" that may result. But: <br />(1) The amount we will pay for "damages" is limited as described in LIMITS OF INSURANCE <br />(SECTION III); and <br />(2) Our right and duty to defend ends when we have used up the applicable limit of insurance in the <br />payment of judgments or settlements. <br />No other obligation or liability to pay sums or perform acts or services is covered unle s explic- <br />itly provided for under SUPPLEMENTARY PAYMENTS. N O6°QN' <br />b. This insurance applies to"errors or omissions"only if:\eav` <br />(1) The "error or omission" takes place in the coverage territory; an <br />(2) The "error or omission" occurs during the policy period <br />GLS-172s (6-14) Pagel of 10 <br />INSURED 91s172s-d.fap <br />