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Home My WebLink About000347.tiff S Scnine camnd.s. c4. ntk. Colorado Counties Casualty and Property Pool 2022 Excess Crime Policy Hiscox Policy No . UC21191167 . 22 Summaries are brief outlines of the coverages afforded under the insurance policies . Since summaries are for informational purposes only, they should not be construed to constitute the entire insurance contracts . As the policies may contain additional coverages and restrictions, the exact wording should be consulted. Brief Summary of Property Deductibles This information is provided to present counties with a simple overview of county deductibles in the pool. It does not provide information on limits. The pool insuring agreements contain actual coverages and limits. CAPP provides up to $ 1 million of crime coverage (employee dishonesty, robbery, forgery, money) subject to a $500 county deductible . I rCountiesn PropertyPool Co o ado and •JCORE 360 Named Insured Schedule Colorado Counties Casualty and Property Pool including the following members : • Alamosa • Gunnison • Phillips • Archuleta • Hinsdale • Prowers • Baca • Huerfano • Pueblo • Bent • Jackson • Rio Blanco • Chaffee • Kiowa • Rio Grande • Cheyenne • Kit Carson • Routt • Clear Creek • Lake • Saguache • Conejos • La Plata • San Juan • Costilla • Las Animas • San Miguel • Crowley • Lincoln • Sedgwick • Custer • Logan • Summit • Delta • Mineral • Teller • Dolores • Moffat • Washington • Elbert • Montrose • Weld • Fremont • Morgan • Yuma • Garfield • Otero • Gilpin • Ouray • Grand • Park 1 ,j Ga agher Insurance Risk Management Consulting Gallagher Colorado Counties Casualty and Property Pool • CORE 360 Master Crime Program Carrier: Hiscox Insurance Company, Inc. Policy Period : January 1 , 2022 to January 1 , 2023 Insured : Members of Colorado Counties Casualty and Property Pool as they appear on the Named Insured Endorsement Policy Form : Discovery Form Retroactive Date : None Limits/Deductibles: Limits Deductible (Per Occurrence) Insuring Agreement (Per Loss) $ 1 , 000 ,000 A: Fidelity - Employee Theft $ 150 ,000* B: Forgery $ 1 , 000 ,000 Checks $ 1 , 000 ,000 Payment Cards $ 150 ,000* $ 1 , 000 ,000 Counterfeit C: Inside and Outside Loss $ 1 , 000 ,000 Inside the Premises $ 150 ,000* $ 1 , 000 ,000 Outside the Premises Coverage D : Tech Fraud $ 1 , 000 ,000 Computer $ 1 , 000 ,000 Funds Transfer $ 250 ,000 Cyber Deception $ 150 ,000* $ 250 ,000 Telephone Toll $ 250 ,000 Virus Restoration $ 250 ,000 Licensing Violation $ 50 ,000 Claim Expenses N/A *Members with Increased • $250 ,000 Deductible Deductible (Per Loss) : • Fremont, Garfield , Gilpin , Grand , Gunnison , La Plata , Logan , Montrose , Morgan , Park, Pueblo , Routt, Summit and Weld Endorsements : • Named Insured Added (lists members) • Government Conversion with Faithful Performance Limit of Insurance $ 1 ,000 ,000 • Crime Elite Endorsement • Extended Period to Discover Loss — 120 days • Acts of Employees learned of by you prior to the Policy Period -$25 ,000 • Termination as to any employee — 90 days (no coverage if termination due to theft or any other dishonest act committed by employee) • Termination as to any employee because of theft, forgery or any dishonest act committed by employee only if exceeds $25 ,000 • Definition of Employee amended to include any natural person independent contractor whom you have the right to direct and control while performing acts within the usual duties of an Employee • Persons or Classes of Persons included with Sublimit • Colorado Amendatory Endorsement ( Endorsement No . 1 ) • Economic and Trade Sanctions Policyholder Notice Notification Requirements of Losses : • Only on losses exceeding 50% of the deductible All Crime Limits and Deductibles apply on a Per Occurrence Basis and are not shared with any other Coverage Party limits. Claim Expense is on a Per Occurrence Basis and is a part of, and not in addition to, the limit applicable to the Loss 28 ©2022 Arthur J. Gallagher & Co. All rights reserved. Gallagher Colorado Counties Casualty and Property Pool • O• CRE 360 Master Crime Program ( Continued Exclusions including • Confidential Information but not limited to : • Government Action • Indirect Loss • Legal Fee, Costs and Expenses • Nuclear • War, Military Action • Inventory Shortages • Accounting or Arithmetical Errors or Omissions — Coverage C • Kidnap , Ransom and Extortion • Money Operated Devices • Motor Vehicles or Equipment or Accessories • Vandalism • Fraudulent Preparation or Input — Coverage H Claims Reporting When You or an Executive Employee discovers a loss or a situation that my result in loss or Instructions : damage to Money, Securities or Other Property that in your best estimate exceeds 50% of the Deductible , notify the carrier as soon as practicable and in no event later than 90 days after Discovery. If you have reason to believe that any loss except for loss covered under Fidelity, Coverage A, involves a violation of the law, you must also notify the local law enforcement authorities . Claims are to be reported to : Hiscox Att: Crime & Fidelity Claims Dept. 520 Madison Ave , 32nd Floor New York, NY 10022 E-mail : D&Oclaims@hiscox. com Fax: 212 . 922 . 9652 And to: Arthur J . Gallagher Risk Management Services, Inc. Claims e-mail : GGB . NRCCIaimsCenter@ajg .com 29 ©2022 Arthur J. Gallagher & Co. All rights reserved. HISCOX INSURANCE COMPANY INC . (A Stock Company) •SA 104 South Michigan Avenue Suite 600 Chicago, IL 60603 9 9 H I SCOX C - Suite® (646 ) 452-2353 Commercial Crime Insurance Policy DECLARATIONS Broker no. : US 0001197 Arthur J Gallagher Risk Management Services Policy no. : UC21191167 . 22 6300 S Syracuse Way Ste 700 Renewal of: UC21191167 . 21 Centennial , CO 80111 1 . Named insured : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) Address : c/o County Technical Services , Inc.800 Grant St Ste 400 Denver, CO 80203-2944 2 . Policy period : Inception date : 01 /01 /2022 Expiration date : 01 /01 /2023 Inception date shown shall be at 12: 01 A. M . (Standard Time) to expiration date shown above at 12 :01 A. M . (Standard Time) at the address of the named insured . 3. General terms and CSU P0001 A CW (07- 17) conditions wording : The General Terms and Conditions applies to this policy in conjunction with the specific wording detailed in each section below. 4. Endorsements : E2624 . 1 - War and Civil War Exclusion Endorsement E1076 . 1 - Colorado Amendatory Endorsement E1415 . 1 - Government Conversion with Faithful Performance Endorsement E1411 . 1 - Crime Elite Endorsement E1408 . 1 - Notice of Cancellation to Third Party Endorsement E1456 . 2 - Named Insured Added E1761 . 1 - Amend Definition of Extortion Endorsement (Ransomware ; Virus) 5. Notification of Hiscox Claims claims to : 5 Concourse Parkway, Suite 2150 Atlanta GA, 30328 Fax: 678-731 -9501 Email : C-SuiteClaims@Hiscox. com 6. Total premium : $ 91 ,357 State surcharge: N/A CSUCRI D0001A CW (07/17) Page 1 of 3 CR1 DECADREN219 HISCOX INSURANCE COMPANY INC . (A Stock Company) 104 South Michigan Avenue Suite 600 Chicago, IL 60603 et, (646 ) 452-2353 H I SCOX C - Suite® Commercial Crime Insurance Policy DECLARATIONS Crime Coverage Part: CSUCRI P0001 A CW (07-20) Limit Deductible Insuring Agreement A: Fidelity ( 1 ) Employee Theft $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (2) Third Parties' Property Not Covered N/A (3) Vendor Theft Not Covered N/A (4) Executives' Property Not Covered N/A (5) ERISA (Limit Applies Per Plan ) Not Covered N/A Insuring Agreement B : Forgery ( 1 ) Checks $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (2) Payment Cards $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (3) Executives' Accounts Not Covered N/A (4) Counterfeit $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence Insuring Agreement C: Inside and Outside Loss ( 1 ) Inside Premises $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (2 ) Outside Transit $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (3) Extortion Not Covered N/A Insuring Agreement D : Tech Fraud ( 1 ) Computer $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (2 ) Funds Transfer $ 1 ,000 ,000 Per Occurrence $ 150 , 000 Per Occurrence (3) Cyber Deception $ 250, 000 Per Occurrence $ 150 , 000 Per Occurrence (4) Customers' Accounts Not Covered N/A (5) Erroneous Transfer Not Covered N/A (6) Telephone Toll $ 250, 000 Per Occurrence $ 150 , 000 Per Occurrence (7) Virus Restoration $ 250, 000 Per Occurrence $ 150 , 000 Per Occurrence (8) Licensing Violation $ 250, 000 Per Occurrence $ 150 , 000 Per Occurrence Claim Expenses $ 50 ,000 Per Occurrence (Shared with limit applicable to loss) Identity Fraud Expenses Not Covered N/A Crime Premium : $ 91 ,357 IN WITNESS WHEREOF, the Insurer indicated above has caused this Policy to be signed by its President and Secretary, but this Policy shall not be effective unless also signed by the Insurer's duly authorized representative . CSUCRI D0001A CW (07/17) Page 2 of 3 CR1 DECADREN219 HISCOX INSURANCE COMPANY INC . (A Stock Company) 104 South Michigan Avenue Suite 600 Chicago, IL 60603 et, (646 ) 452-2353 H I SCOX C - Suite® Commercial Crime Insurance Policy DECLARATIONS / el b. President .y. I Secretary Authorized Representative Kevin Kerridge January 2 , 2022 Hiscox Inc. CSUCRI D0001A CW (07/17) Page 3 of 3 CR1 DECADREN219 HISCOX C- General Terms and Conditions I . Our promise to In consideration of the premium charged , and in reliance on the statements made and information provided to us , we will pay covered amounts as defined in this policy , provided you properly you notify us of claims , breaches , events , coverage enhancements , or losses , and meet your obligations to us in accordance with the terms of this policy . II . Limits of liability Regardless of the number of Coverage Parts you have purchased , the maximum we will pay for all covered amounts will be as follows : Coverage part limit A. Each Coverage Part purchased will be subject to a coverage part limit ( if one is stated in the Declarations ) , which is the maximum amount we will pay for all covered amounts under that Coverage Part, other than coverage enhancements or other items we have expressly agreed to pay in addition to the limit. The coverage part limit will be in excess of any applicable retention . Each claim limit B . The Each Claim Limit stated in the Declarations is the maximum amount we will pay for all covered amounts for each covered claim , unless a lower sublimit is specified , in which case the sublimit is the maximum amount we will pay for the type of covered claim to which the sublimit applies . The Each Claim Limit, or any sublimit, will be in excess of any applicable retention and will be a part of, and not in addition to , any applicable coverage part limit. Each breach limit C . The Each Breach Limit stated in the Declarations ( if you have purchased a relevant Coverage Part) is the maximum amount we will pay for all covered amounts for each covered breach , unless a lower sublimit is specified , in which case the sublimit is the maximum amount we will pay for the type of covered breach or costs to which the sublimit applies . The Each Breach Limit, or any sublimit, will be in excess of any applicable retention and will be a part of, and not in addition to , any applicable coverage part limit. Multiple Coverage Parts D . If the same claim or related claims , breach , event, or coverage enhancement is covered under more than one Coverage Part ( other than under the Management Liability Coverage Parts ) , we will pay only under one Coverage Part, which will be the Coverage Part that provides the most favorable coverage . If the same claim or related claims or coverage enhancement is covered under more than one Management Liability Coverage Part, we will pay under all applicable Coverage Parts , up to the combined coverage part limits of the triggered Coverage Parts . However : 1 . if loss is payable under two or more Coverage Parts subject to separate coverage part limits , the retentions under each triggered Coverage Part will apply separately and o ne retention will not be eroded by payment of the retention applicable to another Coverage Part; and 2 . if loss is payable under two or more Coverage Parts subject to a shared coverage part limit, you will be responsible only for the payment of one retention , which will be the highest applicable retention of the triggered Coverage Parts . III . Your obligations to us Your duty to cooperate A. You must cooperate with us in the defense , investigation , and settlement of any claim , potential claim , breach , event, or coverage enhancement notified to us , including but not limited to : 1 . notifying us immediately if you receive any settlement demands or offers , and sending u s copies of any demands , notices , summonses , or legal papers ; 2 . submitting to examination and interrogation under oath by our representative and giving u s a signed statement of your answers ; 3 . attending hearings , depositions , and trials as we request; CSU P0001A CW (07/17) Page 1 of 6 HISCOX C- General Terms and Conditions 4 . assisting in securing and giving evidence and obtaining the attendance of witnesses ; 5 . providing written statements to our representative and meeting with such representative for the purpose of investigation and/or defense ; 6 . providing all documents and information we may reasonably request, including authorizing us to obtain records ; and 7 . pursuing your right of recovery from others . Your obligation not to incur B . You must not make any payment, incur any expense , including any claim expenses , admit any expense or admit liability any liability , or assume any obligation without our prior consent. If you do so , it will be at your own cost and expense . Your representations C . You warrant that all representations made and all materials submitted by you or on your behalf in connection with the application for this policy are true , accurate , and not misleading , and agree they were relied on by us in our decision to issue this policy to you . In the event the representations or materials are not true , accurate , and complete , we will not impute the knowledge of one insured to any other insured , and only the knowledge of any past, present, or future Chief Executive Officer, Chief Financial Officer, or Risk Manager ( or equivalent positions) of the named insured will be imputed to the named insured . However, other than the Crime Coverage Part, to which this subsection C will not apply , we will not rescind this policy in whole or in part for any reason . IV. Discovery A. If we or the named insured cancel or non- renew this policy , then the named insured will period have the right to purchase a discovery period for the duration and at the percentage of the p expiring premium stated in Item 4 of the Declarations . The discovery period , if purchased , will start on the effective date of cancellation or non - renewal . However, the right to purchase a discovery period will not apply if: 1 . this policy is canceled by us for nonpayment of premium ; or 2 . the total premium for this policy has not been fully paid . Notice of election and full payment of the additional premium for the discovery period must be received by us within 30 days after the effective date of cancellation or non - renewal , otherwise any right to purchase the discovery period will lapse . B . If an insured organization experiences a change in control as described in Section V . Other provisions affecting coverage , D . Change in control , the named insured will have the right to request an offer of a discovery period from us within 30 days of the change in control event. The duration and percentages stated in Item 4 of the Declarations will not apply to any discovery period purchased under this subsection B . Instead , we and the insured organization will agree to the duration of and premium to be charged for the discovery period at the time of the change in control event. In the event of a change in control , the named insured will have no other right to purchase a discovery period except as described in this subsection B . C . Regardless of how it is purchased , the discovery period will apply only to claims that: 1 . are first made against you and reported to us during the discovery period ; and 2 . arise from : a . wrongful acts that take place prior to the effective date of the ( i ) cancellation or non- renewal of this policy , or ( ii ) change in control ; or b . a breach that takes place on or after the retroactive date but prior to the effective date of the ( i ) cancellation or non - renewal of this policy , or ( ii ) change in control . The discovery period will not apply to any reputation risk event which occurs during the discovery period . D . The additional premium will be fully earned at the inception of the discovery period . CSU P0001A CW (07/17) Page 2 of 6 HISCOX C- General Terms and Conditions The limits of liability applicable during any purchased discovery period will be the remaining available coverage part limit. There will be no new or additional limit of liability available for any purchased discovery period . The right to purchase a discovery period will apply only to Coverage Parts you have purchased that include coverage written on a claims- made basis , and will not apply to the Crime Coverage Part. V. Other provisions affecting coverage Alteration and assignment A. No change in , modification of, or assignment of interest under this policy will be effective unless made by written endorsement to this policy signed by our authorized representative . Bankruptcy or insolvency B . Your bankruptcy or insolvency will not relieve us of any of our obligations under this policy . Cancellation C . 1 . This policy may be canceled by the named insured by giving written notice , which must include the date the cancellation will be effective , to us at the address stated in the Declarations . 2 . This policy may be canceled by us only if you fail to pay the premium . We will mail to the named insured by registered , certified , or other first-class mail ( or by email where allowed by applicable law) , at the named insured's address ( or email address) stated in Item 1 of the Declarations , written notice which must include the date the cancellation will be effective . The effective date of the cancellation will be no less than fifteen days after the date of the notice of cancellation . 3 . The mailing ( or emailing ) of the notice will be sufficient proof of notice , and this policy will terminate at the date and hour specified in the notice . 4 . If this policy is canceled by the named insured , we will return a pro rata proportion of the premium . 5 . Payment or tender of any unearned premium by us will not be a condition precedent to the cancellation , but such payment will be made as soon as possible . 6 . If you have purchased a Crime Coverage Part, the rules for cancellation contained in Section VIII . Other provisions affecting coverage , A. Cancellation of that Coverage Part will govern its cancellation . Change in control D . If, during the policy period stated in Item 2 of the Declarations : 1 . any other person or entity acquires management control of an insured organization ; or 2 . any insured organization changes its status from nonprofit to for- profit, as to that insured organization , this policy will cover only claims arising from wrongful acts , breaches , or events that took place prior to the effective date of change in control , unless you and we agree in writing otherwise . If the named insured undergoes a change in control , the named insured must provide us with written notice no later than 30 days after the effective date of such change in control , together with any other information we may require . This subsection D . Change in control does not apply to the Crime Coverage Part. Coverage territory E . This policy will apply to wrongful acts , breaches , events , coverage enhancements , or losses that take place anywhere in the world . However , with respect to claims brought outside the United States , its territories or possessions , or Canada , this policy will not apply : 1 . to any claim brought in any country in which the United States ( or any of its CSU P0001A CW (07/17) Page 3 of 6 HISCOX C- General Terms and Conditions departments , agencies , or subdivisions ) administers or enforces economic or trade sanction laws ; or 2 . if it would otherwise be in violation of the laws of the United States . Estates , heirs , legal F . If this policy is triggered by a claim brought against an employee, it will also apply to the representatives , spouses , and employee's: domestic partners 1 . estates , heirs , executors , administrators , trustees in bankruptcy , assignees , and legal representatives ; or 2 . lawful spouse or lawful domestic partner; but only : a . for a covered claim arising from the scope of the employee's work for you ; or b . in connection with their ownership interest in property which the claimant seeks as recovery in a covered claim arising from the scope of the employee's work for you . Other insurance G . Any payment due under this policy is specifically excess of and will not contribute with any other valid and collectible insurance , unless such other insurance is written specifically as excess over this policy . However, if you have purchased : 1 . an EPL Coverage Part, that Coverage Part will be primary with respect to and will not contribute with any other valid and collectible insurance , except when such other insurance is expressly written to be excess over other applicable insurance . 2 . a Crime Coverage Part, rules for how that Coverage Part will be treated when there is other valid and collectible insurance are contained in Section VIII . Other provisions affecting coverage , I . Other insurance of that Coverage Part. Related claims/wrongful acts H . All related claims , regardless of when made , will be treated as one claim , and all subsequent related claims will be deemed to have been made against you on the date the first such claim was made . However, if more than one claim is made against you resulting from the same breach , and such claims trigger both a Management Liability Coverage Part and another Coverage Part, the claim (s) triggering any Management Liability Coverage Part will be treated as one claim , and the claim (s) triggering any other Coverage Part( s ) will be treated as another claim . If, by operation of this provision , the claim is deemed to have been made during any period when we insured you , it will be subject to only one retention and one limit of liability regardless of the number of claimants , insureds , or claims involved . . Subrogation I . In the event of any payment by us under this policy , we will be subrogated to all of your rights of recovery to that payment. We will not, however, subrogate against any insured person , unless such insured person has been convicted of a criminal act, or been determined by a final , non -appealable adjudication to have committed a dishonest or fraudulent act, or obtained any profit or advantage to which such insured was not legally entitled . You will do everything necessary to secure and preserve our subrogation rights , including but not limited to the execution of any documents necessary to allow us to bring suit in your name . You will do nothing to prejudice our subrogation rights without our prior written consent. With the exception of any recovery under the Crime Coverage Part, any recovery first will be paid to you up to the amount of any retention you have paid , and then to us up to the amount of any covered amounts we have paid . In the event we pay indemnifiable loss on behalf of an insured person , our subrogation rights will also include the assertion of indemnification or contribution rights with respect to any such payments we make . Additionally , at the point we make any payment of loss within the retention , we will have a direct contractual right under this policy to recover from the insured organization , or in the event of the bankruptcy of the insured organization , from CSU P0001A CW (07/17) Page 4 of 6 HISCOX C- General Terms and Conditions the debtor-in- possession ( or equivalent position outside the United States ) , loss we paid within the retention . This contractual right of recovery will be in addition to and independent of our subrogation rights under this subsection I and any other rights we may have under applicable law. Solely with respect to the Fiduciary Coverage Part, we will not exercise our subrogation rights unless required to exercise our recourse rights under ERISA, in which case any amounts we recover based on such recourse rights will be added back to the coverage part limit applicable to the Fiduciary Coverage Part, accounting for any costs , expenses , or reimbursements we incurred in pursuing such recovery . With respect to any loss under the Crime Coverage Part, you must transfer to us all of your rights of recovery against any person or organization for any loss you sustain and which we have paid . Additional rules governing the payment of recoveries under the Crime Coverage Part are contained in Section IV . Limits of liability and settlement, E . Recoveries , of that Coverage Part. Titles J . Titles of sections of and endorsements to this policy are inserted solely for convenience of reference and will not be deemed to limit, expand , or otherwise affect the provisions to which they relate . VI . Definitions The following definitions apply to all Coverage Parts you have purchased . If the same term is applicable to all defined here and in a Coverage Part, then the definition in the Coverage Part will govern the coverage provided under that Coverage Part. Coverage Parts Application means the signed application for the policy , any attachments and materials submitted with that application , and any other information that is filed by an insured or otherwise publicly available . If this policy is a renewal or replacement of a previous policy issued by us , application also includes all previous signed applications , attachments , and materials . With respect to the Fiduciary Coverage Part ( if purchased ) , application will also mean any public documents filed by the named insured or any subsidiary with any federal , state , local , or foreign regulatory agency , during the one-year period prior to the inception of the policy period . The application forms a part of this policy . Continuity date means the date stated as such in the Declarations with respect to each Coverage Part you have purchased which includes a continuity date . Coverage part limit means the amount stated in the Declarations as the aggregate limit applicable to each Coverage Part you have purchased which is subject to an aggregate limit. Covered amounts means any amounts we have expressly agreed to pay under any Coverage Part you have purchased . Discovery period means the time period described in Section IV . Discovery period of these General Terms and Conditions which is purchased by the named insured to extend the length of time you have to report claims arising from otherwise covered wrongful acts committed , or breaches that take place , before the inception of the discovery period . Employee means an employee as defined in each Coverage Part you have purchased. Foreign jurisdiction means any jurisdiction other than the United States or any of its territories or possessions . Insolvency means the : 1 . appointment by any government official , agency , commission , court, or other governmental authority of a receiver , conservator, liquidator, trustee , rehabilitator, or similar official to take control of, supervise , manage , or liquidate an insolvent insured organization ; 2 . filing of a petition under the bankruptcy laws of the United States ; or 3 . foreign equivalent of 1 or 2 above . CSU P0001A CW (07/17) Page 5 of 6 HISCOX C- General Terms and Conditions Management control means having : 1 . an ownership interest of more than 50 % ; 2 . an ownership interest representing more than 50 % of the voting , appointment, or designation power for the selection of a majority of the board of directors , the management committee members , or the members of the management board , whichever is applicable ; or 3 . the right, whether by law, contract, or otherwise , to elect, appoint, or designate a majority of the board of directors , the management committee , or the management board , whichever is applicable . Management Liability means any D &O Coverage Part, the Public Officials Liability Coverage Part, the Educators Legal Coverage Part Liability Coverage Part, the EPL Coverage Part, the Fiduciary Coverage Part, and/or the Employed Lawyers Coverage Part. Policy period means the period of time stated in Item 2 of the Declarations , and any discovery period , if purchased . Related claims means all claims that are based upon , arise out of, or allege : 1 . the same wrongful act or related wrongful acts ; or 2 . the same breach . The determination of whether a claim is related to another claim will not be affected by the number of claimants or insureds involved , causes of action asserted , or duties involved . Related wrongful acts means wrongful acts that: 1 . are based upon , arise out of, or allege the same , repeated , or continuous breach of duty , neglect, error, misstatement, misleading statement, omission , or act; 2 . are based upon , arise out of, or allege a common fact, circumstance , situation , event, service , transaction , cause , or origin , or the same or related damages ; or 3 . have as a common nexus or nucleus any facts or series of facts . Retention means the amount or time stated as such in the Declarations . Any references to "deductible" in any Coverage Part you have purchased will have the same meaning as retention . Retroactive date means the date stated as such in the Declarations with respect to each Coverage Part you have purchased which includes a retroactive date. We, us , or our means the Company stated in the Declarations as issuing this policy . Wrongful act means wrongful act ( as defined in any D &O Coverage Part, the Public Officials Liability Coverage Part, or the Educators Legal Liability Coverage Part) , employment practices wrongful act ( as defined in the EPL Coverage Part) , fiduciary wrongful act ( as defined in the Fiduciary Coverage Part) , or employed lawyers wrongful act ( as defined in the Employed Lawyers Coverage Part) . You , your, or insured means any individual or entity expressly described as an insured in any Coverage Part you have purchased . CSU P0001A CW (07/17) Page 6 of 6 Crime Coverage Part HISCOX C-Suite Loss Discovered Policy I . Insuring If a limit appears on the Declarations indicating you have purchased the coverage, wewill pay up agreements to the stated li mitfor any loss which exceeds the applicable deductible ( except no deductible will apply to Insuring agreementA. 5. ERISA) for : Fidelity A. loss of or damage to money, securities , or other property: 1 . Employee Theft: sustained by you resulting directly from theft or forgery committed by an employee, whether identified or not, acting alone or in collusion with other persons ; 2. Third Parties ' Property : sustained by your client or vendor, or other persons with whom you or your employees interactin connection with the performance of your business operations , resulting directly from theft orforgery committed by an identified employee, acting alone or in collusion with other persons , including an employee in collusion with an employee of your client or vendor or other persons ; 3. Vendor Theft: sustained by you resulting directly from theft committed by an identified employee of your vendor, other than an employee with an own ersh i p i nterest greater than 25% in the vendor, acting alone or in collusion with other persons , but only to the extent you cannot recover under your co ntract with the vendor or from any insurance or indemnity carried by the vendor; 4. Executives ' Property : sustained by an executive employee resulting directly from theft orforgery committed by an employee, whether identified or not, acting alone or in collusion with other persons ; or 5 . ERISA: sustained by an employee benefit plan resulting directly from fraudulent o r dishonest acts , including larceny , theft , embezzlement, forgery, misappropriation , wrongful abstraction or conversion , wrongful misapplication , or any other fraudulent or dishonest act prohibited under 18 U . S. C . § 1954 , committed by a fiduciary of any employee benefit plan , whether identified or not, acting alone or in collusion with other persons . The coverage provided under this Insuring agreementA. Fidelity will terminate: a . as to any loss , once you or an executive employee not acting in collusion with any person who committed the actin question discovers the theft , forgery, or other dish o nest act. b. as to an employee, once an executive employee not acting in collusion with the employee learns that the employee committed a theft , forgery, or other dishonest act: i . after being employed by you ; or ii . resulting in loss exceeding $ 10, 000 before becoming employed by you . The coverage provided under Insuring agreementA. 3. Vendor Theft will apply only ifthereis a written agreement between you and your vendor requiring the vendor to provide Crime or Fidelity Insurance with limits of liability equal to or greater than those available under this Coverage Part, and which covers your property in the care, custody , and control of the e vendor and /or its employees . Forgery B. loss : 1 . Checks : sustained by you resulting directly from forgery, alteration , or counterfeiting of any negotiable instruments that are made or drawn by you ( or by your agent) or purported to have been so made or drawn ; 2. Payment Cards : sustained by you resulting directly fro m th e fraud ul ent use of any credit, debit, convenience, stored -value, charge, gas , p - , purchase, or procurement card , or a similar instrument issued to you or any employee for business purposes so long as you ortheemployee have complied fully with the provisions , conditions , or other terms under which the card orinstrumentwas issued ; 3. Executives ' Accounts : sustained by an executive employee resulting directlyfrom forgery, alteration , or counterfeiting of any negotiable instruments made or drawn by the executive employee or purported to have been so made or drawn ; or 4. Counterfeit: sustained by you resulting directly from your good faith exchange of Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 1 of 18 Crime Coverage Part HISCOX C-Suite Loss Discovered Policy merchandise, money, or services for : a . money orders issued by any post office, express company , or financial institution , and that are not paid upon presentation ; or b. counterfeit money received during the regular course of business . With respectto any loss under this Insuring agreement B. Forgery , thefollowing apply: i . a substitute check as defined in the Check Clearing for the 21st Century Act will be treated the same as the original it replaced ; ii .. signatures produced or reproduced electronically, mechanically , or by other means will be treated the same as handwritten signatures ; and iii . you must includewith your proof of loss any instrument involved in the loss or an affidavitstating the amount and cause of loss if you cannotprovidetheinstrument. Inside and outside loss C . 1 . Inside Premises : a. loss of money or securities insidethe premises or financial institution premises resulting directly from : i . theft committed by a person presentinsidethe premises orfinancial institution premises ; or ii . disappearance or destruction of such money or securities ; b. loss of or damage to other property: i . insidethe premises resulting directly from an actual or attempted robbery of a custodian ; or ii . in a safe or vault insidethe premises resulting directly from an actual or attempted safe burglary; c . damage to the premises or its exterior resulting directly from an act described in parts a orb above if you are the owner of the premises or are liable for damage to it; or d . loss of or damage to a locked safe, vault, cash register, cash box , or cash drawer located insidethe premises resulting directly from an actual or attempted theft of or unlawful entry into such containers ; 2. Outside Transit: a. loss of money or securities outsidethe premises orfinancial institution premises in the care and custody of a messenger or armored motor vehicle company , regardless ofwhethersuch messenger orvehicleis in transit, and resulting directlyfrom theft, disappearance, or destruction ; or b. loss of or damage to other property outside the premises or financial institution premises in the care and custody of a messenger or armored motor vehicle company , regardless of whether such messenger orvehicleis in transit, and resulting di rectly fro m an actual or attempted robbery; or 3. Extortion : loss of money, securities , or other property resulting directly from extortion outsidethe premises . However , we will only pay : a . for the amount of loss you cannot recover under your co ntract with the armored motor vehicle company and from any insurance or indemnity carried by or for the benefit of customers of the company ; or b. up to $ 10, 000 for any one occurrence of loss of or damageto : i . precious metals , precious or semi - precious stones , pearls , furs , or completed or partially completed articles made of or containingsuch materials constituting the principal value of such articles ; or ii .. manuscripts , drawings , or records of any kind , or the cost of reconstructing them Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 2 of 18 Crime Coverage Part HISCOX C-Suite Loss Discovered Policy o r reproducing any information contained in them . Tech fraud D . 1 . Computer : loss ofor damageto money, securities, or other property resulting directly from computer fraud , but we will only pay up to $ 10, 000 for any one occurrence of loss ofor damageto manuscripts , drawings , or records of any kind, or the cost of reconstructing them or reproducing any information contained i n them ; 2. Funds Transfer : loss ofor damageto money or securities contained in your transfer account sustained by you resulting directly from funds transfer fraud ; 3. Cyber Deception : loss of or damage to money or securities sustained by you resulting directly from cyber deception ; 4. Customers ' Accounts : loss ofor damageto : a. money, securities, or other property sustained by your client or vendor, or o ther persons with whom you or your employees interact in connection with the performance of your business operations, resulting directly from computerfraud , funds transfer fraud , or cyber deception , provided such loss is asserted against you by the client , vendor, or other person based on your access to that client' s , vendor' s , or other person 's money, securities , or other property maintained in a financial institution premises or transfer account ; or b. money sustained by your client or vendor resulting directly from the intentional use of your computer system to mislead or deceive your client o r vendor and which results in your client 's or vendor's transfer of money intended for you to another person or entity ; 5. Erroneous Transfer : loss ofor damageto money or securities sustained by you resulting directly from an erroneous funds transfer by an employee or executive employee, provided you must notify and request reimbursement from the financial institution from which the money or securities were transferred within two business days after discovery of the error , and such loss will not be covered until thefinancial institution has : a . attempted to recover the money or securities from the financial institution to which they were transferred ; and b. formally denied your request to return the money or securities to you ; 6. Telephone Toll : loss from long distance telephone charges incurred by you resulting directly from fraudulent use or manipulation of an account code or system password required to gain access into your voice computer system , provided such loss did not result from the failure to : a. install and maintain in operating condition a call disconnectfeatureto terminate a caller 's access after three unsuccessful attempts to enter an account code; b. incorporate a system password ; or c . change a system password every 60 days . We will only pay for loss resulting from telephonetoll charges fora period of not more than 30 days , beginning on the date on which thefirstsuch charges were incurred , for all telephone lines directly controlled by one voice computer system . 7. Virus Restoration : costs you incur to restore or replace damaged or destroyed electronic data or computer programs storedwithin your computer system resulting directly from : a. a virus directed solely against you designed to damage or destroy electronic data o r computer programs and introduced maliciously by a natural person ; or b. vandalism by a natural person who has gained unauthorized access to your computer system , including reasonable costs you incur to : Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 3 of 18 Crime Coverage Part HISCOX C-Suite Loss Discovered Policy i . restore your computer system to the level of operational capability th at existed before the virus or vandalism occurred; or ii .. identify and remediate ate errors or vulnerabilities in your computer system in order to preventfuture similar incidents . 8. Licensing Violation : fines and penalties for which you are legally liable as a direct result of the unauthorized reproduction of computer software, sound recordings , or visual media by an employee in violation of a licensing agreementwith athird party vendor, provided the unauthorized reproduction is done: a . withoutyour or an executive employee' s knowledge; and b. withoutthe knowledge of any other person having responsibility for compliance with the terms of the software licensing agreement. We will pay loss under this Coverage Part only if the loss results directly from an occurrence that is discovered by you or an executive employee during the policy period or during the extended period to discover loss , if applicable , and is reported to us in accordancewith Section V. Your obligations, B. Notifying us of losses . II . Coverage enhancements We will also make the following payments : Additional premises or A. If, whilethis policy is in force, you establish any additional premises or hire additional employees employees , other than through consolidation , merger , purchase , or acquisition with or of another entity , such premises and employees will automatically be covered under this Coverage Part. You will not be required to notify us of such increase in the number of premises or employees , and we will not charge any additional premiumfor the remainder of the policy period for this coverage . Claim expenses B. We will reimburse you up to the limit stated in the Declarations for the reasonable costs , fees , and other expenses incurred by you with our prior written consentto pay an independent accounting, auditing, or other service, that is not aclient , to determinethe existence or amount of a loss covered under this Coverage Part. We will not make any payment under this subsection B unless there is a covered loss which exceeds the deductible, and any amounts we pay will be a part of, and notin addition to , the limitof liability applicableto such loss . Forgery claim expenses C . If you or an executive employee are sued because of the refusal to pay any instrument described in Section I . Insuring agreement B. Forgery on the basis it has been forged , altered , or counterfeited , and if you have our prior written consentto defend againstthe suit, we will pay for the reasonable legal expenses that you or the executive employee incur for that defense. No deductible will apply to this subsection C , and any amounts we pay will be in addition to , and nota part of, the limit of liability applicableto Section I . Insuring agreement B. Forgery . Identity fraud expenses D . We will pay up to the limit stated in the Declarations for identityfraud expenses incurred by you or an executive employee resulting directly from identity fraud , provided the identity fraud results from an occurrence that is discovered by you or an executive employee during the policy period , and the loss is reported to us in accordance with Section V. Your obligations , B. Notifying us of losses . We will not make any payment under this subsection D unless there is a covered loss which exceeds the deductible. For purposes of this Coverage Part, you , your, or insured means a named insured , subsidiary, Who is an p p g insured employee benefit plan , or acquired entity, as defined below: Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 4 of 18 Crime Coverage Part HISCOX C-Suite Loss Discovered Policy Named insured means the entity identified in Item 1 of the Declarations . Subsidiary means any entity of which the named insured has management control , either directly or Indirectly through one or more other subsidiaries , before or during the policy period . This Coverage Part will cover losses sustained by an entity priorto such entity becoming a subsidiary, but only if such losses are discovered by you or an executive employee during the policy period or the extended period to discover loss , if applicable, and whilethe entity is under the named insured 's management control . Employee benefit plan means any welfare or pension benefit plan that is sponsored by the named insured , a subsidiary, or an acquired entity, whether or notsuch plan is subjectto the Employee Retirement Income Security Act of 1974 ( ERISA) , as may be amended . Acquired entity means an entity in which the named insured , during the policy period : 1 . acquires substantially all of the assets ; 2. acquires the majority of its voting securities, as a result of which it becomes a subsidiary; or 3. merges and leaves the named insured as the surviving entity . This Coverage Part will cover losses sustained by an acquired entity at any time, including priorto such acquired entity's acquisition , provided the loss is discovered by you or an executive employee during the policy period or the extended period to discover loss , if applicable . With respect to an acquired entity whose total employee count exceeds 35% of the named insured 's total employee count ( as reflected in your most recent reported employee count to us priorto the inception of this policy ) atthetime of its acquisition , any coverage under this Coverage Part will expire 90 days after the effective date of its acquisition unless , within such 90 day period : 1 . the named insured provides uswith written notice of such acquisition ; 2. the named insured provides uswith information related to such acquisition as we may reasonably require; 3. the named insured accepts any special terms , conditions, exclusions , or additional premium charge as we may reasonably require; and 4. we agree by written endorsementto o rsement to provide such coverage. IV. Limits of liability and settlement Limits of liability A. The maximum we will pay for all covered loss will be as follows : 1 . The maximum amount we will pay for all covered loss resulting directly from an occurrence is the applicable limit stated in the Declarations . If the same occurrence is covered under morethan one Insuring agreement, wewill pay only under one limit, which will bethe highest applicable limit. 2. However , if the same occurrence is covered under Insuring agreement D . 3. Cyber Deception and any other Insuring agreement( s ) , wewill pay only under Insuring agreement D . 3. Cyber Deception , regardless of which Insuringagreement has the highest applicable limit. 3. Solely with respectto the coverage provided by InsuringagreementA. 5. ERISA, the limitwill apply separately to each employee benefit plan . If the same occurrence triggers both Insuring agreements A. 1 . Employee Theft and A. 5. ERISA, we will pay under both limits . Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 5 of 18 fits HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy 4. If the limitstated mit stated in the Declarations for Insuring agreementA. 5.A. 5. ERISA no longer complies with the minimum amount of coverage required for an employee benefit plan under ERISA, we agree to increase the limit applicable to each such employee benefit plan to an amount equal to the minimum amount of coverage required under ERISA, provided : a. the noncompliance was not due to investment in non -qualified assets ; and b. the original limitwas mit was in compliance at the e inception ofthe policy period . 5. Any payments we make to an employee benefit plan for losses itsustains must be held by that employee benefit plan 's sponsor for the use and benefit of the employee benefit plan . Ownership of property and B. This Coverage Part applies to personal property only as follows : interests covered 1 . With respectto Insuring agreements Al . Employee Theft and A. 3. Vendor Theft, coverage is limited to property you own or lease. 2. With respect to Insuring agreements A.2 . Third Parties ' Property and D .4. Customers ' Accounts , coverage is limited to property : a . your client or vendor, or other person with whom you or your employees interactin connection with the performance of your business operations , owns or leases ; b. your client or vendor, or other person with whom you or your employees interactin connection with the performance of your business operations , holds for others , whether or not anyone described in this part b is legally liablefor the loss of such property ; or c . that is owned , leased , or held by any individual or entity ( other than you or an employee) for which you are legally liable. 3. With respect to Insuring agreements , A.4. Executives' Property , B. 3. Executives ' Accounts , coverage is limited to property th at an executive employee owns , leases , or holds for others . 4. With respectto all other Insuring agreements , coverage is limited to property : a . you own or lease; or b. you hold for others whether or not you are legally liableforthe loss of such property . However , this policy is for your benefit only . It provides no rights or benefits to any other person or organization . Any claim for loss under this Coverage Part must be presented by you . Policy Bridge — Discovery C . If this policy replaces insurancethat provided you with an extended period of ti me after replacing loss sustained cancellation to discover loss , which did notterminate at the time this policy became effective, we will not pay for any loss that occurred during the prior policy's policy periodwhich you or an executive employee discover during that extended period to discover loss . However , we will pay the amount of any loss which exceeds the combined total ofthe limit and deductible of that prior policy ifthelosswould otherwise be covered under this Coverage Part. Any such payments will not be greater than the difference between the limit of that prior policy and the applicable limit of this Coverage Part. No deductible will apply to this excess oss . Recoveries D . 1 . Any recoveries , whether made before or after any payment underthis Coverage Part, or by you or us, will be applied as follows : a. first, to the expenses incurred by you or us to pursue the recovery , whoever incurred it; b. second , to you for your loss in excess ofthe amount of loss we paid under this Coverage Part, if the excess loss would otherwise be covered ; Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 6 of 18 9* HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy c . third , to us for all amounts we paid in settlement of your claim ; d . fourth , to you forthe amount of any applicable deductible you paid ; and e. fifth , to you for any loss not covered under this Coverage Part resulting fromthe same occurrence. 2. Accelerated Deductible Recovery : A percentage of all recoveries under part 1 above will be paid to you in satisfaction of any deductible. Recoveries will be shared by us and you in the same proportion as the deductible and the amount of loss we paid under this Coverage Part. 3. Recoveries under this subsection D do not include any recovery : a . from insurance, suretyship, reinsurance, security , or indemnity taken for our benefit; or b. of original securities after duplicates ofthem have been issued . Valuation E. We will determine the value of any loss as follows : 1 . Money: We will pay for loss of money issued by the United States up to its face value. At your option , wewill pay for loss of money issued by any country other than the United States at face value in the money issued by that country or in the United States dollar equivalent. With respectto Bitcoin or any other digital currency , crypto currency , or electronic currency , we will pay for loss of such money in the United States dollar equivalent determined by the exchange rate published by the exchange in which you held such currency on the date the loss was discovered . However , if you did notholdsuch currency in an exchange, we and you will each select an exchange and wewill take the average of the exchange rates posted by each exchange on the date the loss was discovered . 2. Securities : We will pay for loss of securities up to their face value at the close of business on the date the loss was discovered . At our option , we may pay : a . the market value of such securities or replace them in kind , and in return you must assign to us all of your rights , title, and interestin those securities ; or b. the cost of any Lost Securities Bond required in connection with issuing duplicates of the securities. However , we will pay only up to the amount of the cost of the bond as would be charged fora bond having a penalty not exceedingthe lesser of: i . the market value of the securities at the close of business on the date the loss was discovered ; or ii . the limitofliabilityapplicabletotheloss . However , solely with respectto any loss of securities directly resultingfrom an extortion , we will pay the market value of such securities on the date they were surrendered , and notthe date the extortion was discovered . 3. Other property: We will pay replacement cost, without deduction for depreciation , for loss of or damage to other property, or for loss from damage to the premises or its exterior . However , we will not pay mo re than the lowest of thefollowing: a . the costto replace the lost or damaged property with property of comparable material and quality and used forthe same purpose; b. the amount you actually incur that is necessary to repair or replacethe th e lost or damaged property ; or Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 7 of 18 '$di HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy c . the limitof liability applicableto theloss . However , solely with respectto any loss of other property directly resulting from an extortion , we will pay the lesser of: ( 1 ) its replacement costwith with o ut deduction for depreciation atthe time such other property was surrendered , or ( 2) the limit of liability applicable to the loss . We will not make any payment on a replacement cost basis : i . until the lost or damaged property is actually repaired or replaced ; and ii . unless the repair or replacement is made as soon as reasonably possible after the loss or damage. If the lost or damaged property is not repaired or replaced, wewill pay on an actual cash value basis . We will , at our option , pay loss of or damage to property other than money in the currency of the country in which the lossor damage occurred or in the United States dollar equivalent. If you sustain a covered loss in a country outside ofthe United States or its territories or possessions , and you incur additional federal or statetax liability as a result of our payment n the United States rather than the country in which the loss was sustained , wewill adjust the loss to compensate you for such tax liabilities . Any property we pay for or replace becomes our property . V. Your obligations Deductible A. Except for loss covered by Insuring agreementA. 5. ERISA, we will have no obligation to make any payment under this Coverage Part unless the amount of the loss exceeds the applicable deductible. We will then pay the amount of loss in excess of the deductible, up to the applicable limit of liability . Notifying us of losses B. After you or an executive employee discovers a loss of, damage to , or a situation that may result in loss of or damage to , money, securities , or other property that, in your best estimate, would exceed 50% of the deductible, you must: 1 . notify us as soon as possible after discovery of such loss , damage, or situation ; 2. give us a detailed , sworn proof of loss within 120 days after your notification to us of such loss , damage, or situation ; 3. cooperatewith us in the investigation and settlement of any claim ; 4. produce for our examination all pertinent records ; 5. submit to examination under oath at our request and give us a signed statement of your answers ; 3. secure all of your rights of recovery against any person or organization responsible for the loss and do nothing to impair those rights ; 7. send us , within 60 days after our request, receipts , bills , or other records thatsupport any claim for identity fraud expenses covered under Section II . Coverage enhancements , D . Identity fraud expenses ; and 8. notify the local law enforcement authorities , but only if you have reason to believe any loss ( exceptfor loss covered under Insuring agreementA. Fidelity ) involves aviolation of law. Records C . You must keep records of all property covered by this Coverage Part so that we can verify the amount of any loss . Unreported extortion D . As a condition precedentto coverage under Insuring agreement C . 3. Extortion , you must use reasonable efforts to report any threat communicated to you to an executive employee, the appropriate local law enforcement authorities , and the FBI prior to surrendering the money, Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 8 of 18 9*q HISCOX C - Suite® Crime Coverage Part Loss Discovered Policy securities, or other property. VI . Exclusions — What is not covered A. Exclusions applicable to the entire Crime Coverage Part We will have no obligation to pay any sums under this Coverage Part for any : Acts committed by owners 1 . oss resulting from theft or any other dishonest act committed by : a. you , if you are a sole proprietorship; or b. if you are not sole proprietorship: i . any of your partners or members ; or ii . any natural person who has a25% orgreater ownership interestin anyone or more insureds or the right, whether by law, contract, or otherwise, to exercise control over any insured , whether acting alone or in collusion with other persons . However , this exclusion will not apply to otherwise covered acts committed by a fiduciary under Insuring agreementA. 5. ERISA. Confidential or personal 2. oss resulting from : information a. the disclosure or use of another person 's or organization's confidential or personal information ; or b. the disclosure of your confidential or personal information ; however , this subsection b will not apply to otherwise covered loss directly resultingfrom the use of your confidential or personal information . For purposes of this exclusion , confidential or personal information includes , but is notlimited to , patents , trade secrets , processing methods , customer lists , financial information , credit card information , social security numbers , health information , or any other type of non - public n formation . Data security breach 3. fees , costs , fines , penalties , or other expenses arising out of or related to the acquisition , access , use, disclosure, or improper collection of, orfailureto protect, any personally dentifiable information or confidential corporate information , including but notlimited to patents , trade secrets , processing methods , customer lists , financial information , credit card n formation , social security numbers , health information , or any other type of non - public n formation . Governmental action 4. oss resulting from seizure or destruction of property by order of any governmental authority . Indirectloss 5. oss that is an indirect result of a covered occurrence, including but notlimited to : a. loss resulting from the inability to realize incomethatwould have been realized had there been no loss of or damage to money, securities , or other property; b. payment of damages of any typefor which you are legally liable; however, wewill pay compensatory damages directly resulting from an otherwise covered loss; or c . payment of costs , fees , or other expenses you incur to establish the existence or amount of loss under this Coverage Part, except amounts covered under Section II . Coverage enhancements , B. Claim expenses or D . Identity fraud expenses . Legal fees , costs , and 6. fees , costs , and expenses incurred by you which are related to any legal action , except expenses amounts covered under Section II . Coverage enhancements , B. Claim expenses , C . Forgery Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 9 of 18 '$di HISCOX C - Suite® Crime Coverage Part Loss Discovered Policy claim expenses , or D . Identity fraud expenses . Nuclear incident 7. oss resulting from nuclear detonation , nuclear reaction , nuclear radiation , or radioactive contamination , however such nuclear detonation , nuclear radiation , nuclear reaction , or radioactive contamination may have been caused . Prior dishonesty 8 . oss caused by an employee if you or an executive employee who did not actin collusion with the employee learned prior to the policy period that the employee had committed any theft , forgery, or other dishonest act priorto the policy period ; however , this exclusion will not apply ifthe theft, forgery, or other dishonest actwas committed priorto the employee becoming your employee and the amount involved in such act did not exceed $ 10, 000. Specified acts by employees 9. oss resulting from theft , forgery, extortion , or any other dishonest act committed by your employees, managers, directors , trustees , or authorized representatives ; however , this exclusion will not apply to loss covered under Insuring agreements A. Fidelity or D . Tech Fraud , 7. Virus Restoration or 8. Licensing Violation . War or military action 10. oss resulting from : a. war , whether undeclared , or civil war ; b. warlike action by a military force, including action in hindering or d efen ding ag ai n st an actual or expected attack , by any government, sovereign , or other authority using military personnel or other agents ; or c . insurrection , rebellion , revolution , usurped power , or action taken by a governmental authority in hindering or defending against any of these. B. Exclusion applicable only to Insuring We will have no obligationto pay any sums under Insuring agreementA. Fidelity for any : agreement A. Fidelity Trading 11 . oss resulting from trading, whether in your name or in a genuine or fictitious account; however , this exclusion will not apply to direct losses caused by theft or forgery which result n improper financial gain to an employee. For purposes of this exclusion , direct losses mean only the amount ofimproperfinan cial gain to the employee and do not include salary , commissions , fees , or other compensation , ncluding butnotlimited to promotions and raises associated with employment, paid by you to such employee. C. Exclusions applicable only to Insuring We will have no obligationto pay any sums under Insuring agreementC . Inside and outside loss agreement C. Inside for any : and outside loss Accounting or arithmetic 12. oss resulting from accounting or arithmetic errors or omissions . errors or omissions Exchanges or purchases 13. oss resulting from the giving or surrendering of property in any exchange or purchase; however , this exclusion will not apply to an otherwise covered extortion . Fire 14. oss or damage resulting fromfire, however caused , except we will pay for otherwise covered : a. loss of or damage to money or securities ; and b. loss from damage to a safe or vault. Motor vehicles or equipment 15. oss of or damage to motor vehicles , trailers or semi -trailers , or equipment and accessories and accessories attached to them . Vandalism 15. oss of or damage to the premises or its exterior , or to any safe, vault, cash register , cash box , cash drawer , or other property resulting from vandalism or malicious mischief. Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 10 of 18 9* HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy Voluntary parting oftitleto or 16. oss resulting from you , or anyone acting on your express or implied authority , being induced possession of property by any dishonest actto voluntarily partwith title to or possession of any property; however , this exclusion will not apply to an otherwise covered extortion . D. Exclusions applicable only to Insuring We will have no obligationto pay any sums under Insuring agreement D . Tech fraud , parts 1 , 2, 3, agreement D. Tech 4, or 5 for any loss resulting from : fraud Authorized users 17. the use of your computer system by a person who is authorized to access such computer system , except we will pay otherwise covered loss resulting from cyber deception or erroneous funds transfer. Credit card transactions 18. the actual or purported use of credit, debit, charge, access , convenience, identification , stored -value, or other cards , or the information contained on such cards. We will have no obligationto pay any sums under Insuring agreement D . Tech fraud , parts 7 or 8 for any loss resultingfrom : Errors or omissions 19. errors or omissions in the design , programming, or processing of computer programs or electronic data ; however , this exclusion will notapplyto loss resulting from aviruswhich is contracted because of an innocent mistake or omission by you or anyone on your behalf in securing your computer system . Fraudulent preparation or 20. the fraudulent preparation or input of electronic data or computer programs ; however , this input exclusion will not apply to loss resulting from a virus which is contracted because of an n nocent mistake or omission made by you or anyone on your behalf in the course of securing your computer system . VII . Definitions The following definitions apply to this Coverage Part. Additional definitions are contained in Section III . Who is an insured , and in the General Terms and Conditions , Section VI . Definitions applicable to all Coverage Parts . If a term is defined in this Coverage Part differently than defined anywhere else in this policy , the definitions in thisCoverage Partwill apply to the coverage afforded under this Coverage Part. Client means any individual or entity to whom you provide goods or services , including any client of such client . Computer fraud means the use or manipulation of any computer system to make a fraudulenttransfer ent trap sfer of money, securities , or other property from insidethe si de th e premises or financial institution premises to a person ( other than a messenger) or place outside the premises or financial institution premises . Computer fraud does not include any fraud ulenttransfer tran sfer of money, securities, or other property which required you , your employees , your executive employees , or others on your behalf ( other than a financial institution ) to initiate a transaction to transfer , or auth o rize the transfer of, such money, securities, or other property. Custodian means you , any of your partners or members , or any employee, but only while having care and custody of property covered by this Coverage Part inside the premises . Custodian does not include any person while acting as a watchperson or janitor , unless such person is also an employee. Cyber deception means the intentional misleading or deception of an employee or executive employee by a person falsely purporting to be your client , vendor, employee, or executive employee through social engineering , pretexting, phishing , spear phishing, whaling, or any other confidence trick communicated by email , text, instant message, telephone, or other electronic means , which results in your transfer , payment, or delivery of money or securities. Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 11 of 18 fits HISCOX C - Suite® Crime Coverage Part Loss Discovered Policy Deductible means the amount stated as such under the Crime section ofthe Declarations . Discover, discovered , or means when you or an executive employee first becomes aware of facts which would cause a discovery reasonable person to believea loss has been or will be sustained , regardless of wh eth er the exact amount or details ofthe loss is known . Solely with respect to an extortion , discover, discovered , or discovery means when the threat is first communicated to you or an executive employee. Discover, discovered , or discovery also means the first receipt by you or an executive employee of notice of an actual or potential claim in which it is alleged that you are liableto a third party under circumstances which would constitute a loss under this Coverage Part. Employee means any : 1 . natural person : a. while in your service; b. whom you compensate directly by salary , wages , or commissions ; and c . whom you have the rightto direct and control while performing services for you ; 2. natural person independent contractor who is contracted by you to perform services or provide goods for or on your behalf; 3. natural person who is leased to you or who is your temporary employee; 4. natural person who is a former employee, partner , member, manager, director , or trustee retained as a consultantwhile performing services for you ; 5. natural person who is a student, volunteer , or intern performing services for you ; 6. natural person who is your manager, director , or trustee wh i l e performing acts within the usual duties of an employee; 7. natural person who is a non -compensated officer of an insured ; 8. natural person who is a committee member of an insured ; or 9. person described in parts 1 through 8 abovewhile on military , disability , family , medical , or similar leave. Coverage under this Coverage Part will apply to any employee for the first60 days immediately after their termination , unless such termination is due to theft , forgery, or any other dishonest act committed by the employee. Employee does not include any agent ( regardlessofwhetherthereis a written agreement as specified in the definition of vendor) , broker, factor , commission merchant, consignee, representative, or person in a similar position unless specified in 1 through 9 above. Erroneous funds transfer means the accidental and erroneous transfer of money or securities to an unauthorized account resulting directlyfromtheinputtingofan inaccurate account number , routing number , or other identifier for the acco unt to which the money or securities are intended and authorized to be transferred . Erroneous funds transfer does not i n cl ude th e accidental and erroneous transfer of money or securities to an unauthorized account as the result of a cyber deception . Executive employee means your proprietor, natural person partner , member of the board of directors , member of the board of trustees , member, manager, officer , and any employee in a risk management, general counsel , insurance, or human resources department or function . Solely with respectto Insuring agreementA. 5. ERISA, executive employee also includes a fiduciary. Solely with respectto Section II . Coverage enhancements , D . Identity fraud expenses , executive employee also includes any spouse, child under the age of 18, or relative living in the household of the executive employee. Extortion means a communication directed toward you threatening to : Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 12 of 18 '$di HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy 1 . nflict bodily harm on you ( if you are a sole proprietorship ) or any of your employees , executive employees , members , managers , or any relative( s ) or invitee( s ) of any of these persons , if such person was captured or allegedly captured in a country not excluded under Section VIII . Other provisions affecting coverage, C . Excluded countries for extortion ; 2. damage the premises or any property within the premises , provided such premises is not ocated in a country excluded under Section VIII . Other provisions affecting coverage, C . Excluded countries for extortion ; 3. ntroduce a denial of service attack into your computer system ; 4. contaminate, pollute, or render your products or goods unmarketable; or 5. disseminate, divulge, or use your confidential or personal information , another person's or organization's confidential or personal information , or any weaknesses in the source code in your computer system , for the purpose of inducing you to surrender money, securities, or other property. Fiduciary means any natural person fiduciary , trustee, administrator , or other plan official , while in the regular service of an employee benefit plan , and any other natural person who handles employee benefit plan assets ( including an employee of a TPA or other vendor) who is required to be bonded by the Employee Retirement Income Security Act of 1974 ( ERISA) , as may be amended . Financial institution means : 1 . a bank, savings bank , savings and loan association , trust company , credit union , or similar thrift depository institution ; 2. an insurance company; or 3. a stock brokeragefirm , mutual fund , liquid assets fund , or similar investment company . Financial institution means the interior of that portion of any building occupied by a financial institution , transfer agent premises or registrar , or similarly recognized place of safe depositincluding a night depository chute, ATM owned by such financial institution (wherever located ) , or safe of such institution . Forgery means signing the name of another person or organization with the intentto deceive, whether in writing or through an electronic identifier . Forgery does not include a si g n ature wh i c h consists in whole or in part of one's own name, whether signed with or without authority, in any capacity , and for any purpose. Funds transfer fraud means a: 1 . tel efacsi mile, telephone, or other electronic instruction directing a financial institution or a crypto currency exchange or wallet that holds a user's encryption keys to debit a transfer account and to transfer , pay , or deliver money or securities from that transfer account , which instruction purports to have been transmitted by you , but was in fact fraudulently transmitted by someone else without your knowledge or consent; or 2. written instruction ( other than those described in Insuring agreement B . Forgery ) issued to a financial institution or a crypto currency exchange or wallet that holds a user's encryption keys directing such institutionto debita transfer account and to transfer , pay , or deliver money or securities from that transfer account , through an el ectro n i c fun ds transfer system at specified times or under specified conditions, which instruction purports to have been ssued by you , but was in fact issued , forged , or altered by someone elsewithout your knowledge or consent. Funds transfer fraud does notinclude any transfer , payment, or delivery of money or securities which required you , your employees , your executive employees , or others on your behalf ( other than the financial institution or crypto currency exchange or wallet) to take any action in order the complete the transfer , payment, or delivery of such money or securities. Identity fraud means the unlawful and kn owi n g transfer or use of a form of identification belonging to your business or any executive employee with the intentto commit, or to aid or abet another to commit any unlawful activity constituting aviolation of federal lawor a felony under any applicable state or Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 13 of 18 9*q HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy local law. Identity fraud expense means : 1 . advertising and public relations expenses incurred by you to restore your business reputation as a result of an identity fraud ; 2. costs incurred by you or any executive employee to notarize affidavits or similar documents attesting to fraud , as required by financial institutions or similar credit grantors or credit agencies ; 3. costs incurred by you or any executive employee for certified mail to law enforcement agencies , credit agencies , financial institutions , or similar credit grantors ; 4. costs incurred by you or any executive employee to obtain credit reports ; 5. costs to provide one year of credit monitoring services to monitor , restore, and /or protect your or any executive employee's credit; 6. ost income incurred by you or any executive employee resulting from any time taken off vvo rk to complete fraud affidavits or meet with or talk to law enforcement agencies , credit agencies , and /or legal counsel , up to a maximum of $250 per day . The most we will pay for ostincomeunderthis part 6will be $ 10, 000 orthe applicablelimitofliability , whicheveris ess ; 7. oan application fees incurred by you or any executive employee to reapply fora loan when the original application is rejected solely because the lender received incorrect credit nformation ; 8. reasonable attorneys ' fees to : a. defend lawsuits broughtagainstyou or any executive employee by merchants , vendors , suppliers, financial institutions , or their collection agencies ; b. remove any criminal or civil judgments wrongly entered against you or any executive employee; or c . challengethe accuracy or completeness of any information in a consumer credit report for you or any executive employee; 9. charges incurred by you or any executive employee for long distance telephone calls to merchants , vendors , suppliers , customers , law enforcement agencies , financial institutions, or similar credit grantors or credit agencies to report or discuss an actual identity fraud ; and 10. any other reasonable expense incurred by you or any covered individual with our prior written consent. Manager means a natural person serving in a directorial capacity for a limited liability company . Member means an owner of a limited liability company represented by its membership interest, who , if a natural person , may also serve as a manager. Messenger means you , your relative, any of your partners or members, or any employee while having care and custody of property covered by this Coverage Part o utside th e premises . Money means : 1 . currency , including Bitcoin or any other digital currency , crypto currency , or electronic currency , coins , or bank notes in current use anywhere in the world and having aface value; 2. bullion ; 3. traveler's checks and money orders heldforsaleto the public ; or 4. Funds on depositata financial institution . Occurrence means : 1 . under Insuring agreements , A. Fidelity and D . 8. Licensing Violation : Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 14 of 18 '$di HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy a. an individual act; b. the combined total of all separate acts whether or not related ; or c . a series of acts whether or not related , committed by an employee, fiduciary, or employee of a vendor acting alone or in collusion with other persons , prior to or during the policy period , or both . 2. under Insuring agreement B. Forgery : a. an individual act; b. the combined total of all separate acts whether or not related ; or c . a series of acts whether or not related ; committed by a person acting alone or in collusion with other persons , involving one or more nstruments , prior to or duringthe policy period , or both . 3. under all other Insuring agreements : a. an individual act or event; b. the combined total of all separate acts or events whether or not related ; or c . a series of acts or events whether or not related ; committed by a person acting aloneorin collusion with other persons , or notcommitted by any person , prior to or during the policy period , or both . Under Insuring agreement D . 7. Virus Restoration , with respectto a virus only , once you have restored your computer system to the level of operational capability that existed beforethevirus o ccurred , any recurrence of the same virus will constitute a separate occurrence. Other property means any tangible property other than money or securities that has intrinsicvalue. Other property does not include computer programs , electronic data , or any property specifically excluded under this Coverage Part. Policy period means the period of ti me stated in Item 2 of the e Declarations . Premises means the interior of that portion of any building you occupy in conducting your business o perations . If you conduct your business operations outdoors or in an open air venue, premises will also mean the area you or your employees , clients , or vendors occupy in the course of such business operations . Robbery means the unlawful taking of property fro m th e care and custody of a person by onewho e wh o has : 1 . caused or threatened to cause that person bodily harm ; or 2. committed an obviously unlawful actwitnessed by that person . Safe burglary means the unlawful taking of property from within a locked safe or vault by a person who entered the safe or vault unlawfully , as evidenced by marks of forcible entry on its exterior . Safe burglary includes the unlawful taking ofasafe or vault from insidethe premises . Securities means instruments or contracts representing money, property , or a debt or equity interestin i n an e ntity , including : 1 . stocks and bonds , whether or not evidenced by a certificate; 2. tokens , tickets , revenue, and other stamps (whether represented by actual stamps or unused value in a meter) in current use; 3. gift certificates and gift cards ; 4. casino chips issued by you ; and 5. evidences of debt issued in connection with creditor charge cards not issued by you , Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 15 of 18 9* HISCOX C - Suite® Crime Coverage Part Loss Discovered Policy but does not include money. Theft means the unlawful taking of property to its owner's deprivation. Transfer account means : 1 . a crypto currency exchange or wallet; or 2. an account maintained at a financial institution , from which one can initiatethetransfer , payment, or delivery of money or securities by means of: a . tel efacsi mile, telephone, or other electronic instruction ; or b. written instructions ( otherthan those covered under Insuring agreement B. Forgery ) establishing the conditions under which transfers are to be initiated by such exchange, wallet, or financial institution through an electronic funds transfer system . Vendor means an entity that provides goods or services to you pursuantto a written agreement. Solely with respectto Insuring agreementA.2 . Third Parties ' Property , vendor also includes any entity that provides goods or services to you pursuantto an oral agreement. Vendor does not includeany independent contractor, financial institution , asset manager , broker-dealer , or armored motor vehicle company . Voice computer system means a computer system which provides a capability used for the direction or routing oftelephone calls in a voice communications network. Watch person means any person retained by you specifically to have care and custody of property covered by this Coverage Part insidethe premises and who has no other duties . Watchperson does not include an employee. You , your, or insured means a named insured , subsidiary, employee benefit plan , or acquired entity, as defined in Section III . Who is an insured . Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 16 of 18 9*q HISCOX C - Suite® Crime Coverage Part Loss Discovered Policy VIII . Other provisions affecting coverage Cancellation A. 1 . This Coverage Part may be canceled by the named insured ( or , if there is more than o ne named insured , the first one listed in the Declarations ) by givingwritten notice, which must include the date the cancellation will be effective, to us at the address stated in the Declarations . 2. This Coverage Part may be canceled by us by mailing to the named insured by registered , certified , or other first- class mail ( or by email where allowed by applicable law) , at the named insured 's address ( or email address ) stated in Item 1 ofthe Declarations , written noticewhich mustincludethedatethe cancellation will be effective. The effective date of th e cancellation will be no less than : ( i ) 60 days after the date of the notice of cancellation ; or ( ii ) fifteen days after the date of the notice of cancellation if the cancellation is dueto nonpayment of premium . 3. The mailing ( or emailing) ofthenoticewill be sufficient proof of notice, and this Coverage Part will terminate at the date and hour specified in the notice. 4. If this Coverage Part is canceled , whether by you or us, we will return a pro rata proportion ofthe premium . 5. Payment or tender of any unearned premium by us will not be a condition precedentto the cancellation , butsuch paymentwill be made as soon as possible. 3. If this Coverage Part is canceled as to any insured , loss sustained by that insured will be covered under this Coverage Part only if it is discovered by you or an executive employee pursuantto the rules contained in subsection D . Extended period to discover loss below. Examination of your books B. We may examine and audit your books and records as they relateto this Coverage Part at and records anytime during the policy period and up to three years afterward . Excluded countries for C . We will have no obligation to pay any sums under this Coverage Part for any extortion which extortion nvolves athreatto : ( i ) inflictbodily injuryto any person( s ) who was captured or allegedly captured in ; or ( ii ) damage a premises or any property within a premises located in , any ofthe countries listed in the Excluded Countries - Extortion endorsement attached to this Coverage Part. Extended period to discover D . If this Coverage Part or any Insuring agreement is canceled as to any insured , or any loss subsidiary ceases to be a subsidiary, we will still pay for loss that the insured sustained prior to the effective date of cancellation , or the date th a subsidiary ceased to be a subsidiary, provided the loss is discovered by you or an executive employee no later than : 1 . 60 days after the date of the cancellation or change in owners hi p or control ofthe subsidiary, provided this extended period to discover loss will terminate immediately o n the effective date of any other similar insurance obtained by that subsidiary, so long as such other insurance provides coverage for loss sustained prior to its effective date; o r 2. one year after the date of the cancellation with regard to any employee benefit plans u nder Insuring agreementA. 5. ERISA. Inventory shortages E. If you claim any loss which : 1 . involves property contained in any money operated device, wewill not be obligated to pay any sums under this Coverage Part for such loss unless the amount of money deposited in the device is recorded by a continuous recording instrumentin the device. 2. is dependent on an inventory computation or a profit and loss computation in order to establish its existence or the amount of the loss , we will not be obligated to pay any Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 17 of 18 9* HISCOX C -Suite® Crime Coverage Part Loss Discovered Policy sums under this Coverage Part for such loss unless you establish apart from such computationsthatyou have sustained aloss . You may offer your inventory records and actual physical count of inventory in order to establish such loss . Joint insured F . 1 . If the named insured is no longer covered under this Coverage Part, then the subsidiary with the most employees will havethe sole responsibility for acting on behalf of all other insureds with respectto the obligations described in this Section V. Your obligations . 2. Any knowledge possessed by one insured will be imputed to every other insured . 3. An employee of any insured is considered an employee of every insured . 4. We will only be obligated to pay up to the applicable limit ofliability for any covered loss u nder this Coverage Part, regardless of the number of insureds who sustain the loss , except in the event the loss is sustained by more than one employee benefit plan u nder Insuring agreementA. 5 . ERISA. 5. Payment by us to the first named insured ( or employee benefit plan if applicable u nder Insuring agreementA. 5. ERISA) for loss sustained by you will fully release us from our obligations with respectto that loss . Legal action against us G . You may not bring any legal action against us involving any loss : 1 . unless you have complied with all oftheterms of this policy; 2. until 90 days after you have filed a proof of loss with us ; and 3. unless broughtwithin two years from the date you or an executive employee discovered the loss . If any limitation in this subsection G is prohibited by law, it will be deemed amended to equal the minimum period of limitation provided by applicable law. Liberalization H . To the extent we adopt any changes to our Crime insurance policies after the issuance of this Coverage Part which provide broader coverage than the coverage provided by this Coverage Part, the relevant provisionsofthis Coverage Part will be deemed replaced by the broader language. Other insurance I . If other valid and collectible insurance is availableto you fora loss covered under this Coverage Part, we will only pay for the amount of loss that exceeds the limit of insurance and deductible amount of that other insurance. Our payment for any loss is subjectto the terms and conditions of this Coverage Part. However , if loss covered under this Coverage Part and other insurance availableto you is subject to a retention or deductible, wewill recognize erosion ofthe deductible by thetotal of all such other insurance plus any deductible applicableto that other insurance. Includes copyrighted material of Insurance Services Offices , Inc . , with its permission CSUCR I P0001 A CW (07/20) Page 18 of 18 e t, H I SCOX C - Suite® Endorsement 1 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E2624. 1 War and Civil War Exclusion Endorsement [ ] Declarations [X] General Terms and Conditions [ ] D&O Coverage Part [ ] Public Officials Liability Coverage Part [ ] Educators Legal Liability Coverage Part [ ] EPL Coverage Part [ ] Fiduciary Coverage Part [ ] Employed Lawyers Coverage Part In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Coverage Part(s) selected above is amended as follows : This policy does not apply to and we will have no obligation pay any sums under this policy, including any damages , claim expenses , or other loss , for any claim , breach , event, or occurrence directly or indirectly occasioned by, happening through , or in consequence of: 1 . war, invasion , acts of foreign enemies, hostilities (whether war is declared or not) , civil war, rebellion , revolution , insurrection , military, or usurped power; or 2 . confiscation , nationalization , requisition , destruction of, or damage to property by or under the order of any government, public, or local authority. Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 1 Processed Date: 01 /02/2022 Hiscox Inc. Authorized Representative Kevin Kerridge CSU E2624 CW (07/17) Page 1 of 1 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 2 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E1076. 1 Colorado Amendatory Endorsement In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Crime Coverage Part is amended as follows : I . In Section IV. Limits of liability and settlement is amended to include the following at the end : LP-A Loss Payment a.We will give you notice of our intentions within 60 days after we receive the sworn proof of loss ; and b.We will pay for covered loss or damage within 60 days after we receive the sworn proof of loss, if you have complied with all the terms of this policy and : i . We will have reached agreement with you on the amount of loss ; or ii . An appraisal award has been made . II . In Section VIII . Other provisions affecting coverage , A. Cancellation , part 2 is deleted in its entirety and replaced with the following : 2 . This Coverage Part may be cancelled by us by mailing to the named insured by registered , certified , or other first class-mail (or by email where allowed by applicable law) , at the named insured 's address (or email address) stated in Item 1 of the Declarations , written notice which must include the date the cancellation will be effective . If this Coverage Part has been in effect for less than 60 days , we may cancel this policy by mailing (or emailing) or delivering to the named insured written notice of cancellation at least : a . 15 days before the effective date of cancellation if we cancel for non-payment of premium ; or b . 60 days before the effective date of cancellation if we cancel for any other reason . If this Coverage Part has been in effect for 60 days or more , or is a renewal of a policy we issued , we may also cancel this policy by mailing to the named insured by registered , certified , or other first class-mail (or by email where allowed by applicable law) , at the named insured 's address (or email address) stated in Item 1 of the Declarations , written notice including the actual reason for cancellation which must include the date the cancellation will be effective. The effective date of the cancellation will be no less than : (i ) 60 days after the date of the notice of cancellation ; or (ii ) 15 days after the date of the notice of cancellation if the cancellation is due to nonpayment of premium . We may only cancel for one or more of the following reasons : a . Non-payment of premium ; b . A false statement knowingly made by the insured on the application for insurance ; c. A substantial change in the exposure or risk other than indicated in the application and underwritten as of the effective date of the policy unless the insured has notified us of the change and we accept such change ; CSUCRI E1076 CO (07/17) Page 1 of 2 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 2 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) d . Substantial change in the risk assumed , except to the extent that we should have reasonably foreseen the change or contemplated the risk in writing the contract; e . Substantial breach in contractual duties or conditions ; f. Loss of reinsurance applicable to the risk insured against resulting from termination of treaty or facultative reinsurance initiated by our reinsurer or reinsurers ; or g . Determination by the Director of Insurance that the continuation of the policy would place us in violation of the insurance laws of this state or would jeopardize our solvency. All other terms and conditions remain unchanged . Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 2 Processed Date: 01 /02/2022 Hiscox Inc. Authorized Representative Kevin Kerridge CSUCRI E1076 CO (07/17) Page 2 of 2 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 3 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E1415. 1 Government Conversion with Faithful Performance Endorsement In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Crime Coverage Part is amended as follows : I . In Section I . Insuring agreements , A. Fidelity, the paragraph beginning with the words "The coverage provided under this Insuring agreement A. Fidelity", is deleted in its entirety and replaced with the following : The coverage provided under this Insuring agreement A. Fidelity will terminate : a . as to any loss, once you or an executive employee not acting in collusion with any person who committed the act in question discovers the theft, forgery, or other dishonest act, including any act covered under Section II . of this Endorsement. b . as to an employee , once an executive employee not acting in collusion with the employee learns the employee committed the theft, forgery, or other dishonest act, including any act covered under Section II . of this Endorsement, but only if the employee committed such act after becoming employed by you or, if committed before becoming employed by you , the resulting loss exceeded $ 10 ,000 . II . The following is added to the end of Section II . Coverage enhancements : Government conversion with FP-A. 1 . Solely with respect to the coverage afforded under Insuring agreement faithful performance A. 1 . Employee Theft, we will pay for loss of or damage to money, securities , and/or other property resulting directly from the failure of any employee to faithfully perform his or her duties as prescribed by law, when such failure directly and immediately results in a loss of your covered property. However, this subsection FP-A. 1 does not provide coverage for any agents that may be listed by Endorsement. The most we will pay for loss arising out of any one occurrence under this subsection FP-A. is $ 1 , 000, 000 , which is part of, and not in addition to , the applicable limit of liability stated in the Declarations . 2 . Solely with respect to the coverage afforded under Insuring agreement A. Fidelity, we will pay for the indemnification of any of your officials who are required by law to give bonds for the faithful performance of their duties against loss through the failure of any employee under the supervision of that official to faithfully perform his or her duties as prescribed by law, when such failure directly and immediately results in a loss of your covered property. However, this subsection FP-A. 2 does not provide coverage for any agents that may be listed by Endorsement. III . In Section III . Who is an insured , the definition of "Subsidiary" is deleted in its entirety and replaced with the following : Subsidiary means any agency, authority, or district (including Special Districts) which is governed directly by the governing body of any insured stated in the Declarations or by Endorsement. IV. In Section VI . Exclusions — What is not covered , A. Exclusions applicable to the entire Crime Coverage Part, the "Prior dishonesty" exclusion is deleted in its entirety and replaced with the following : Prior dishonesty 7 . loss caused by an employee if you or an executive employee who did not act in collusion with the employee learned , prior to the policy period, that the CSUCRI E1415 CW (07/17) Page 1 of 2 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 3 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) employee had committed any theft, forgery, or other dishonest act, including any act covered under Section II . of this Endorsement. However, this exclusion will not apply if the theft, forgery, or other dishonest act was committed prior to the employee becoming your employee and the amount involved in such act did not exceed $ 10 , 000 . V. Solely with respect to the coverage provided by this Endorsement, the following two exclusions are added to the end of Section VI . Exclusions — What is not covered , A. Exclusions applicable to the entire Crime Coverage Part: Depository FP- 1 . loss resulting from the failure of any entity acting as a depository for your property or property for which you are responsible . Civil rights violation FP-2. damages for which you are legally liable as a result of: a . the deprivation or violation of the civil rights of any person by an employee ; or b . the tortious conduct of an employee , except the conversion of property of other parties held by you in any capacity. VI . This Endorsement does not apply to coverage provided under Insuring agreement A.5 . ERISA. VII . All references to acquired entities , partners , managers , and members are deleted from the policy. Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 3 Processed Date: 01 /02/2022 Hiscox Inc. ) Authorized Representative Kevin Kerridge CSUCRI E1415 CW (07/17) Page 2 of 2 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 4 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E1411 . 1 Crime Elite Endorsement In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Crime Coverage Part is amended as follows : Expand Extended Period to Discover Loss I . In Section VIII . Other provisions affecting coverage, D . Extended period to discover loss , part 1 is deleted in its entirety and replaced with the following : 1 . 120 days after the date of the cancellation or change in ownership of control of the subsidiary, provided this extended period to discover loss will terminate immediately on the effective date of any other similar insurance obtained by that insured , whether or not such other insurance provides coverage for loss sustained prior to its effective date ; and Add Joint Ventures as Insureds II . In Section VII . Definitions , the following is added to the end of the definition of "You , your, or insured" : You , your, or insured also includes any joint venture in which you have a controlling ownership interest. III . The amount we will pay for any loss sustained by a joint venture in which you have a controlling interest will be the limit of liability applicable to the loss or your equity interest in such joint venture , whichever is lesser. Amend Prior Dishonesty Exclusion ($25k) IV. In Section VI . Exclusions — What is not covered , A. Exclusions applicable to the entire Crime Coverage Part, the " Prior dishonesty" exclusion is deleted in its entirety and replaced with the following : Prior dishonesty 7. loss caused by an employee if you or an executive employee who did not act in collusion with the employee learned , prior to the policy period , that the employee had committed any theft, forgery, or other dishonest act. However, this exclusion will not apply if the theft, forgery, or other dishonest act was committed prior to the employee becoming your employee and the amount involved in such act did not exceed $25 ,000 . Amend Prior Dishonesty Condition ($25k) V. In Section I . Insuring agreements, A. Fidelity, the paragraph beginning with the words "The coverage provided under this Insuring agreement A. Fidelity" is deleted in its entirety and replaced with the following : The coverage provided under this Insuring agreement A. Fidelity will terminate : a. as to any loss , once you or an executive employee not acting in collusion with any person who committed the act in question discovers the theft, forgery, or other dishonest act. b. as to an employee, once an executive employee not acting in collusion with the employee learns the employee committed the theft, forgery, or other dishonest act, but only if the employee committed such act after becoming employed by you or, if committed before becoming employed by you , the resulting loss exceeded $25 , 000 . Amend Definition of Employee (90 Days After Termination) VI . In Section VII . Definitions , the second to last paragraph in the definition of " Employee", beginning with the words "Coverage under this Coverage Part" , is deleted in its entirety and replaced with the following : Coverage under this Coverage Part will apply to any employee for the first 90 days immediately after their termination , unless such termination is due to theft, forgery, or any other dishonest act committed by the employee . Add Partners and Members as Employees CSUCRI E1411 CW (07/17) Page 1 of 3 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 4 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) VII . In Section VII . Definitions , the following is added to the end of the definition of "Employee" : Employee also means any natural person who is also a : 1 . partner in a partnership that is an insured ; or 2. member of a limited liability company that is an insured . Add Loss Payee Provision (Required by Contract) VIII . The following is added to the end of Section VIII . Other provisions affecting coverage : Loss payable LP-A. You agree that any loss payable under this policy will be jointly paid to you and any person or organization that you have agreed in a written contract or agreement to add as a loss payee to a policy providing the type of coverage afforded by this Crime Coverage Part, provided the contract or agreement: 1 . is currently in effect or becomes effective during the policy period; and 2 . was executed before the occurrence out of which such loss arose was discovered . Loss will be paid to such loss payee as its interests may appear and any such payment will constitute payment to you . We agree that we will make all such payments jointly to you and such loss payee , and we will not make any payment solely to you unless we receive a request in writing from such loss payee to make such payment to you . This insurance is for your benefit only. It provides no rights or benefits to any other person or organization , including any loss payee referenced above , other than to receive payment for loss as set forth in this subsection LP-A. Loss payable . Any claim for loss that is covered under this policy must be presented by you . Amend Acts Committed by Owners Exclusion (Carveout Partner and Member Employees) IX. In Section VI . Exclusions — What is not covered , A. Exclusions applicable to the entire Crime Coverage Part, the "Acts committed by owners" exclusion is deleted in its entirety and replaced with the following : Acts committed by owners 1 . loss resulting from theft, forgery, or any other dishonest act committed by: a . you ; b . any of your partners or members, except a partner or member who is included as an employee by this Endorsement; or c. any natural person who has a 25% or greater ownership in any one or more insureds , except a partner or member who is included as an employee by this Endorsement; whether acting alone or in collusion with other persons . However, this exclusion will not apply to otherwise covered acts committed by a fiduciary under Insuring agreement A.5 . ERISA. Obligations to Partners or Members X. We will not make any payments under this Endorsement unless the amount of the loss exceeds the sum of: 1 . any amounts that you owe the partner or member; CSUCRI E1411 CW (07/17) Page 2 of 3 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 4 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) 2. the value of the partner or member's interest in the insured partnership or limited liability company as of the close of business on the date the loss was discovered by that entity or any partners , members , or executive employees not in collusion with the partner or member causing the loss ; and 3. the amount of the applicable deductible. We will pay up to the corresponding limit of liability for loss covered under Insuring agreement A. 1 . Employee Theft or A. 2 . Third Parties' Property covered by this Endorsement. We will not make any payments under this Endorsement unless there is a covered loss which exceeds the amounts described above , in which case any payments we make will be part of, and not in addition to, the applicable limit of liability stated in the Declarations. Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 4 Processed Date: 01 /02/2022 Hiscox Inc. Authorized Representative Kevin Kerridge CSUCRI E1411 CW (07/17) Page 3 of 3 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 5 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E1408. 1 Notice of Cancellation to Third Party Endorsement In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Crime Coverage Part is amended as follows : In Section VIII . Other provisions affecting coverage , the following is added to the end of A. Cancellation : CA- 1 . In the event this policy is cancelled or non-renewed , we will notify the party listed below within 90 days at the below address : The failure to notify the party listed above will not negate or otherwise delay the effectiveness of the cancellation or non- renewal of this policy. Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 5 Processed Date: 01 /02/2022 Hiscox Inc. Authorized Representative Kevin Kerridge CSUCRI E1408 CW (07/17) Page 1 of 1 CR1 ENADREN219 •�t, H I SCOX C - Suite® Endorsement 6 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E1456.2 Named Insured Added In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Crime Coverage Part is amended as follows : SCHEDULE Retroactive Date : N/A 12: 01 A. M . (Standard Time) Additional Named Insured Limits Deductible [X] Alamosa County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Archuleta County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Baca County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Bent County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Chaffee County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Cheyenne County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Clear Creek County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Conejos County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Costilla County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Crowley County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Custer County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Delta County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Dolores County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Elbert County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Fremont County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Garfield County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Gilpin County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Grand County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Gunnison County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Hinsdale County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Huerfano County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Jackson County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Kiowa County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Kit Carson County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] La Plata County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Lake County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Las Animas County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Lincoln County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Logan County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Mineral County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Moffat County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Montrose County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Morgan County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Otero County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Ouray County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence CSUCRI E1456 CW (04/18) Page 1 of 4 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 6 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) [X] Park County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Phillips County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Prowers County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Pueblo County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Rio Blanco County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Rio Grande County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Routt County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Saguache County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] San Juan County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] San Miguel County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Sedgwick County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Summit County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Teller County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Washington County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence [X] Weld County $ 1 ,000 ,000 Per Occurrence $250 ,000 Per Occurrence [X] Yuma County $ 1 ,000 ,000 Per Occurrence $ 150 ,000 Per Occurrence $ 1 ,000 ,000 Per Occurrence I . The Additional Named Insured (s) shown in the above Schedule are added as named insured(s). II . The limit(s) and deductible(s) applicable to each Additional Named Insured will be the amounts shown in the Schedule above corresponding to each Additional Named Insured . If there are no amounts shown above corresponding to an Additional Named Insured , the limit(s) and deductible(s) applicable to that Additional Named Insured will be the limit(s) and deductible(s) stated in the Declarations . However, the limit(s) applicable to any Additional Named Insured for coverage under: A. Insuring Agreement D . 3. Cyber Deception ; B . Insuring Agreement D .4. Customers' Accounts; C . Insuring Agreement D . 5. Erroneous Transfer; D . Insuring Agreement D . 6. Telephone Toll ; E . Insuring Agreement D . 7. Virus Restoration ; F. Insuring Agreement D . 8. Licensing Violation ; G . Coverage Enhancement B . Claim Expenses ; and H . Coverage Enhancement D . Identity Fraud Expenses , will be the corresponding limit(s) stated in the Declarations , regardless of whether a limit is shown for such Additional Named Insured in the Schedule above . If no limit is stated in the Declarations for a coverage contained in this Coverage Part, that coverage will not apply to any Additional Named Insured . III . If " Retroactive Date" is selected on the above Schedule , the entity listed in Section I . of this Endorsement is added as a named insured only for loss or damage that you sustain resulting directly from an occurrence taking place in its entirety after the retroactive date shown in the Schedule and which is discovered by you or an executive employee : A. on or after the " Endorsement Effective" date listed at the end of this Endorsement; and CSUCRI E1456 CW (04/18) Page 2 of 4 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 6 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) B . before the end of the policy period or the period of time provided in Section VIII . Other provisions affecting coverage , D . Extended period to discover loss. IV. If " Retroactive date" is selected on the above Schedule , in Section VII . Definitions , the definition of "Occurrence" is deleted in its entirety and replaced with the following , but only with respect to the entities added as named insureds by Section I . of this Endorsement: Occurrence means : 1 . Under Insuring agreements A. Fidelity and D . 8 . Licensing Violation : a . an individual act; b . the combined total of all separate acts whether or not related ; or c. a series of acts whether or not related , committed by an employee , fiduciary, or employee of a vendor acting alone or in collusion with other persons prior to or during the policy period , or both , but after the retroactive date listed in the Schedule above ; 2. Under Insuring agreement B . Forgery: a . an individual act; b . the combined total of all separate acts whether or not related ; or c. a series of acts whether or not related ; committed by a person acting alone or in collusion with other persons , involving one or more instruments , prior to or during the policy period , or both , but after the retroactive date listed in the Schedule above ; 3. Under all other Insuring agreements : a . an individual act or event; b . the combined total of all separate acts or events whether or not related ; or c. a series of acts or events whether or not related ; committed by a person acting alone or in collusion with other persons , or not committed by any person , prior to or during the policy period , or both , but after the retroactive date listed in the Schedule above . Under Insuring agreement D . 7 . Virus Restoration , with respect to a virus only, once you have restored your computer system to the level of operational capability that existed before the virus occurred , any recurrence of the same virus will constitute a separate occurrence . Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 6 Processed Date: 01 /02/2022 Hiscox Inc. CSUCRI E1456 CW (04/18) Page 3 of 4 CR1 ENADREN219 HI SCOX C -Su ite® Endorsement 6 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) - Authorized Representative Kevin Kerridge CSUCRI E1456 CW (04/18) Page 4 of 4 CR1 ENADREN219 e t, H I SCOX C - Suite® Endorsement 7 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) E1761 . 1 Amend Definition of Extortion Endorsement (Ransomware ; Virus) In consideration of the premium charged , and on the understanding this endorsement leaves all other terms , conditions , and exclusions unchanged , it is agreed the Crime Coverage Part is amended as follows : I . In Section VII . Definitions, the definition of "Extortion" is deleted in its entirety and replaced with the following : Extortion means a communication directed solely toward you threatening to : 1 . inflict bodily harm on you (if you are a sole proprietorship) or any of your employees, executive employees , members , managers , or any relative(s) or invitee(s) of any of these persons, if such person was captured or allegedly captured in a country not excluded under Section VIII . Other provisions affecting coverage , C . Excluded countries for extortion ; 2 . damage the premises or any property within the premises, provided such premises is not located in a country excluded under Section VIII . Other provisions affecting coverage , C. Excluded countries for extortion ; 3 . introduce a denial of service attack into your computer system ; 4 . contaminate , pollute , or render your products or goods unmarketable ; or 5 . disseminate, divulge , or use your confidential or personal information , another person's or organization's confidential or personal information , or any weaknesses in the source code in your computer system , for the purpose of inducing you to surrender money, securities , or other property. However, extortion does not include any threat to : a . introduce a virus or other malicious instruction into any computer system which is designed to damage , destroy, or corrupt electronic data or computer programs stored within your computer system ; or b . inflict ransomware on your computer system . II . There will be no coverage under the Extortion Insuring Agreement unless there is a limit appearing on the Declarations indicating you have purchased the coverage . This Endorsement will not increase , decrease , or in any way change the applicable limits stated in the Declarations . Endorsement effective : 01 /01 /2022 Certificate No . : UC21191167 .22 Endorsement No : 7 Processed Date: 01 /02/2022 Hiscox Inc. CSUCRI E1761 CW (06/20) Page 1 of 2 CR1 ENADREN219 HI SCOX C -Su ite® Endorsement 7 NAMED INSURED : Members of the Colorado Counties Casualty and Property Pool (see endorsement CRI E9622 ) - Authorized Representative Kevin Kerridge CSUCRI E1761 CW (06/20) Page 2 of 2 CR1 ENADREN219 IIGv , 'I H I S COX ECONOMIC AND TRADE SANCTIONS POLICYHOLDER NOTICE Hiscox is committed to complying with the U . S . Department of Treasury Office of Foreign Assets Control (OFAC) requirements . OFAC administers and enforces economic sanctions policy based on Presidential declarations of national emergency. OFAC has identified and listed numerous foreign agents , front organizations , terrorists , and narcotics traffickers as Specially Designated Nationals ( SDN 's) and Blocked Persons . OFAC has also identified Sanctioned Countries . A list of Specially Designated Nationals , Blocked Persons and Sanctioned Countries may be found on the United States Treasury's web site http ://www.treas . gov/offices/enforcement/ofac/. Economic sanctions prohibit all United States citizens (including corporations and other entities) and permanent resident aliens from engaging in transactions with Specially Designated Nationals , Blocked Persons and Sanctioned Countries . Hiscox may not accept premium from or issue a policy to insure property of or make a claim payment to a Specially Designated National or Blocked Person . Hiscox may not engage in business transactions with a Sanctioned Country. A Specially Designated National or Blocked Person is any person who is determined as such by the Secretary of Treasury. A Sanctioned Country is any country that is the subject of trade or economic embargoes imposed by the laws or regulations of the United States . In accordance with laws and regulations of the United States concerning economic and trade embargoes , this policy may be rendered void from its inception with respect to any term or condition of this policy that violates any laws or regulations of the United States concerning economic and trade embargoes including , but not limited to the following : ( 1 ) Any insured under this Policy, or any person or entity claiming the benefits of such insured , who is or becomes a Specially Designated National or Blocked Person or who is otherwise subject to US economic trade sanctions ; (2) Any claim or suit that is brought in a Sanctioned Country or by a Sanctioned Country government , where any action in connection with such claim or suit is prohibited by US economic or trade sanctions ; (3) Any claim or suit that is brought by any Specially Designated National or Blocked Person or any person or entity who is otherwise subject to US economic or trade sanctions ; (4) Property that is located in a Sanctioned Country or that is owned by, rented to or in the care , custody or control of a Sanctioned Country government , where any activities related to such property are prohibited by US economic or trade sanctions ; or (5) Property that is owned by, rented to or in the care , custody or control of a Specially Designated National or Blocked Person , or any person or entity who is otherwise subject to US economic or trade sanctions . Please read your Policy carefully and discuss with your broker/agent or insurance professional . You may also visit the US Treasury's website at http ://www.treas . gov/offices/enforcement/ofac/. Hiscox Inc. www.hiscoxusa.com Page 1 of 1 INT N001 CW 01 09 este• H I S COX encourage courage® Hiscox Inc . 520 Madison Avenue — 32nd Floor New York, NY 10022 CYBER NOTICE In light of the continually evolving cyber risk environment , starting July 1 , 2020 , Hiscox Inc . policies incepting on or after July 1 , 2020 will include specific language affirmatively stating whether we are covering or excluding losses caused by cyber events . Your policy for the new policy period includes a new "Amend Definition of Extortion Endorsement (Ransomware ; Virus) " endorsement , which explains the intent to exclude losses arising from described cyber events or incidents under the Extortion Insuring Agreement (if purchased) . This endorsement clarifies and does not alter the intended scope of coverage offered under your policy . If you have additional questions or concerns about the endorsement or this Notice , please contact your authorized insurance agent or broker. Thank you for your business and we look forward to continue providing you with quality service . Hello