5-2 承保範圍及不保事項 - ACE Group

Base upon, arising from, or in consequence of failure or effects of any product or products.The title and any heading in this endorsement are solely for convenience and form no part of the termsand conditions of coverage.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE071 Policy Period ExtensionBy 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):In consideration of the payment of an additional premium of $[insert amount], Item (2) of the Schedule isamended to read as follows:‘Policy Period: From: [insert inception date of the original policy period]To: [insert expiry date of the extension period]Both days inclusive, standard time at the Principal Address shown in Item 1above.’The Insurer’s maximum aggregate liability for all Loss, as stated in Condition 4.1, shall remain unchanged.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE127A Outside Directorship Extension amended(No non-stacking clause for ODLBy 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)(ii)(iii)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.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 indemnification270