<p><span style="font-family:times new roman,serif; font-size:10.0pt">It is understood and agreed that as a condition precedent to liability under this policy that: </span></p>

<p><span style="font-family:times new roman,serif; font-size:10.0pt">a) the Insured shall, upon knowledge of any claim, or circumstances which may give rise to claim, advise the Insurer thereof as soon as possible; and </span></p>

<p><span style="font-family:times new roman,serif; font-size:10.0pt">b) the Insured shall immediately furnish the Insurers with all information and appears in connection with such claim or such situation and fully cooperate with the Insurer in their analysis and evaluation of the claim or circumstance; and </span></p>

<p><span style="font-family:times new roman,serif; font-size:10.0pt">c) the Insurer shall have the right to: (i) communicate with the Insured, their attorneys or agents; (ii) effectively associate in the investigation and adjustment of any claim (including but not limited to development of investigation and adjustment strategy); (iii) determining the existence and amount of Loss; and (iv) compromising any disputed amount of Loss; and </span></p>

<p><span style="font-family:times new roman,serif; font-size:10.0pt">d) the Insurer shall have the right to appoint adjusters and/or representatives acting on their behalf to control all negotiations, adjustments and settlement in connection with such claims or claims; and </span></p>

<p><span style="font-family:times new roman,serif; font-size:10.0pt">e) the Insurer agrees to consult with the Insurer prior to making any settlement or compromise on a claim or loss.</span></p>
