Indigent Defense Services Agreement

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7. Po li cy Territory Thi s Policy applies to a wrongful act taking place anywhere in the world, provi ded that the claim is made and suit is broug ht aga in st the Insured within the United States of Amer ica , its territories or possess ions, Puerto Rico or Canada . 8 . Material Change a. The Named Insured sha ll immediately, but in no eve nt later than th irty (30) days, report to us in writ in g any material change that occurs durin g the policy period . In each case of a material change, we shall have the right to decline coverage, or to accept or alter coverage and charge an additiona l premium for the materia l change . This Policy shall prov ide no coverage with respect to any claim made against any Insured where a material change has occurred, or based upon or arising from an y wrongful act comm itted or allegedly committed on or subsequent to the t im e and date of any acquis ition, merger or dissolution if we have not been notifi ed of such material change. b. A material change includes, but is not limited to, the following: (1) A twenty-five percent (25%) increase or decrease in the total number of attorneys covered in this Policy as represented in the Application; (2) Any mergers, acquisitions, sp in-offs, dissolutions or spl its involving the Named Insured ; however, the Named Insured must provide written notice to us prior to the completion of t hi s activity; (3) Financial impairm ent of t he Named Insured , includ in g but not limited to the appo intment of a receiver, conservator, liquidator, or trustee for the Named Insured , or if the Named Insured has become a debtor in possession under bankruptcy laws; (4) When any lawyer joining the Named Insured during t he policy period is aware of any claim or potential claim t hat had been alleged aga inst that lawyer prior to joining the Named Insured ; or, (5) When any lawyer joining the Named Insured during the policy period is subject to any disciplinary proceeding by any court or bar assoc iation or has been reprimanded, cens ured or disbarred or prohibited from practicin g law in a specific area before any court or adm in istrative agency. 9. Other Insurance The insurance provided for in th is Po licy sha ll be excess over all other valid and collect ible insurance, whether such insurance is stated to be primary, contributory, excess , umbrella, contingent or otherwise. In no event shall we be respons ible under this Po li cy for a greater proportion of such damages and claim expenses than the Limit of Liab ili ty under this Policy bears to the total limits of liability under all applicable insurance issued by all compan ies unless such other in suran ce is specifica ll y purchased to apply in excess of the Limits of Liability of this Pol icy. 10 . Waiver Our failure to insist on strict comp li ance with any of the terms, prov isions or cond it ions of this Po licy, or the fa ilure to exercise any provision, right or privilege under th is Pol icy, shall not operate as, nor be construed as, a waiver or change to any provision of this Pol icy. None of the provisions of this Pol icy will be waived, changed or modified unless made by written endorsement to thi s Po licy and signed by our a uthorized representative . 11. cancellation and Nonrenewal a . This Po li cy may be canceled by the Named Insured by provid ing written notice to us. The cancellation shall be effective on the date specified by the Named Insured or the date the notice is received by us, whichever is later. b. If we cancel this Policy , the earned premium shall be computed pro rata. If the Named Insured ca nce ls this Po licy, the Policy premium will be the amount calculated in accordance w ith the sta ndard short rate tables and procedures. Prem ium adjustments shall be made within a reasonable period of t ime after cancellat ion . c. If we cance l or non -renew this Pol icy for any reason other than non-payment of prem ium, we shall provide written notice to the Named Insured not less than thirty (30) days prior to the effective date of the ATY-0001 -00-0116 Page 12 of 16 © 2016 Attorney Protective. All ri ghts reserved.