5-2 承保範圍及不保事項 - ACE Group

provided by the Outside Entity or Not-for-Profit Entity.(iv) 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 orNot-for-Profit Entity and its Directors and Officers.(v) If during the Policy Period a Director or Officer of the Company covered by this Extensionceases to hold his or her position in an Outside Entity or Not-for-Profit Entity (or holdssuch position other than at the specific request of the Company), cover under this policyshall continue to apply (subject to the other terms and conditions) to such person forWrongful Acts committed whilst such person held his or her position in such Outside Entityor Not-for-Profit Entity.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE070 Pharmaceutical ExclusionBy 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 directly or indirectly in connection with anyClaim based on, arising from or attributable to any failure, effect , side effects or interaction of anypharmaceutical product.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE015A Company Deemed To Be An Outside EntityBy 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):For the purposes of this policy, [Insert Company Name] is deemed to be an Outside Entity of theCompany shown in Item 1 of the Schedule with effect from [Insert Date].In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE148B Continuous Cover 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):7.8 Continuous Cover is hereby deleted in its entirety and replaced by the following:7.8 Continuous CoverThis policy extends to cover the Insured for any Claim or Investigation which could have been notified tothe Insurer under an earlier Directors and Officers Liability Insurance Policy issued by the Insurer and/ orother insurer which is notified during the Policy Period or Discovery Period (if applicable), provided that:(i)there has been no fraudulent non-disclosure or fraudulent misrepresentation in respect of any suchClaim or Investigation (each being a "Prior Matter"); and271