5-2 承保範圍及不保事項 - ACE Group

under this policy beforehand, the Insurer will refund any unearned premium calculatedproportional to the unexpired time on risk;(iii) by the Insurer upon 30 days written notice to the first named company shown in Item 1 of theSchedule. If there are no Claims, Investigations or circumstances notified to the Insurerunder this policy beforehand or during this 30-day period, the Insurer will refund any unearnedpremium calculated proportional to the unexpired time on risk;8.2 The parties further agree that no unearned premium will be refunded upon termination if anyClaim, Investigation, fact or circumstance has been notified under this policy.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE127 Outside Directorship Extension amendedBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):Extensions 7.5 Outside Directorship Extension is hereby deleted in its entirety and replaced by thefollowing:7.5 Outside Directorship Extension(i)Cover under this policy is extended (subject to the Insuring Agreement and the other termsand conditions of this policy and subject to the overall aggregate Limit of Liability) to aDirector or Officer of the Company who at the specific request of the Company:(a) at the date of inception of the Policy Period was a Director or Officer of any OutsideEntity; or(b)becomes a Director or Officer of any Outside Entity during the Policy Period,but only in respect of Wrongful Acts committed whilst the Director or Officer of theCompany held such position in the Outside Entity.(ii)(iii)(iv)Cover under this policy is also extended (subject to the Insuring Agreement and the otherterms and conditions of this policy and subject to the overall aggregate Limit of Liability) to aDirector or Officer of the Company who at the specific request of the Company is orbecomes a Director, Officer, trustee, governor or equivalent in any Not-for-Profit Entity,but only in respect of Wrongful Acts committed whilst the Director or Officer of theCompany held such position in the Not-for-Profit Entity.Cover under sub-paragraph 7.5(i) or 7.5(ii) above shall be excess of any indemnificationprovided by the Outside Entity or Not-for-Profit Entity.Cover under sub-paragraph 7.5(i) or 7.5(ii) above shall be specifically excess of any valid andcollectible directors and officers liability insurance in force in respect of the Outside Entity or263