5-2 承保範圍及不保事項 - ACE Group

The Insurer shall not be liable to make any payment for Loss directly or indirectly based on, arising fromor attributable to any Claim for any Wrongful Act occurring prior to [insert date].In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE128 Intellectual Property Exclusion with Carve-back for Defence CostsBy 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):The Insurer shall not be liable to make any payment for Loss based on arising from attributable to or inany way connected with directly or indirectly any misappropriation of a trade secret or actual or allegedplagiarism or infringement of any intellectual property right, including but not limited to copyright,trademark, registered design, confidentiality, privacy or patent.However, this Exclusion shall not apply to Defence Costs in respect of any Claim brought outside theUnited States of America or Canada against an Insured, up to the sub-limit of liability for all paymentsunder this Extension is US$[insert amount]. This sub-limit is part of and not in addition to the applicableLimit of Liability.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE129 Special Termination ClauseBy 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):8. TerminationThis policy may be terminated as follows:8.1 by the company shown in Item 1 of the Schedule in the event that the Insurer:(i)(ii)wholly ceases underwriting of the respective insurance or formally announces its intention to doso; oris the subject of an order or resolution for dissolution or formally proposes a scheme ofarrangement; or(iii) has its authority to carry on insurance business in Taiwan withdrawn; or(iv) is downgraded by Standard & Poor’s to below [insert rating] financial strength rating.If there are no Claims, Investigations or circumstances notified to the Insurer under this policy, theInsurer will refund any unearned premium calculated proportional to the unexpired time on risk. If anyClaim, Investigation, fact or circumstance has been notified under this policy, the premium will bedeemed to be fully earned and none will be repayable to the Company &/or the Insured; or8.2 by the Insurer for non payment of premium.265