Director & Officer Liability Insurance

A. Insured persons coverage

1. Management liability
   Covers payment for Loss to the Insured Persons, or reimburses the Company if it has made such payment on their behalf.
2. Investigation costs
   Covers Investigation Expenses arising from an Investigation of the Insured Persons.
3. Additional limit protection
   Provides a specific additional limit on behalf of Directors from the Policyholder for Loss.
4. Outside directors
   Covers Loss on behalf of Outside Directors or Outside Corporations.
5. Defense costs for Bodily Injury and Property Damage
   Covers Defense Costs related to claims involving bodily injury or property damage.
6. Property Release Costs
   Covers bond premiums, prosecution costs, and costs related to the release of property.
7. Public Relations Expenses
   Covers expenses incurred for the public relations needs of the Insured Persons.
8. Extradition Costs
   Covers costs related to the extradition process of the Insured Persons.

B. Company Protection Insurance

1. Company Securities
   Covers Loss to the Company arising from Securities Claims.
2. Company Employment Practices Violations
   Covers Loss arising from claims related to violations of employment practices.

Extensions

1. Initial Public Offering, Registration, or Securities Trading
   Covers Loss arising from Securities Claims related to an initial public offering conducted outside the U.S. and Canada within a specified period.
2. Secondary Offering
   Covers Loss arising from claims related to secondary offerings, up to 50% of the Company’s market capitalization.
3. Automatic Coverage for New Subsidiaries
   Automatic coverage for new subsidiaries formed during the policy period.
4. Discovery Period
   Provides an extended reporting period (automatically 90 days or more with additional premium) for claims reported after the policy expires.
5. Lifetime Discovery Period for Retired Insured Persons
   Unlimited reporting period for retired Insured Persons, subject to certain conditions.
6. Emergency Costs
   Covers Emergency Costs up to 10% of the aggregate liability limit.
7. Environmental Violations
   Covers Defense Costs for claims related to Environmental Violations.

1. Fraud / Criminal Conduct / Dishonesty
2. Prior or Pending Claims
3. Bodily Injury & Property Damage
4. United States Claims (unless specifically covered)
5. ERISA (United States Employee Retirement Income Security Act)
6. Professional Services
7. Transactions
8. Economic Sanctions
9. Other exclusions as specified in the terms of the Policy