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PATRICIA JOHNSON (FIRST AMENDMENT)
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PATRICIA JOHNSON (FIRST AMENDMENT)
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Last modified
7/22/2026 5:05:10 PM
Creation date
7/22/2026 4:59:02 PM
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CONTRACTS
Description Type
Other
Contract Type
Amendment
NAME
PATRICIA JOHNSON (FIRST AMENDMENT)
Contract Record Series
704-05
Munis Contract #
LIVERMORE MUNIS
Contract Expiration
6/30/2029
NOTES
LPFD FIRE PLAN REVIEW
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MISCELLANEOUS PROFESSIONAL LIABILITY POLICY <br /> <br />MPL 00 00 12 23 Page 12 of 14 <br /> <br />1. Take place between the Retroactive Date <br />and the end of the Policy Period of the last <br />policy the Company issued to the Insured <br />and <br />2. Are related by common facts, circumstanc- <br />es, transactions, events and/or decisions will <br />be treated as one Wrongful Act. <br />SECTION VI – GENERAL CONDITIONS <br />A. Time of Inception; Policy Period <br />This policy will begin at 12:01 A.M. on the Incep- <br />tion Date shown in the Declarations. This policy <br />will continue to apply until 12:01 A.M. on the Ex- <br />piration Date also shown in the Declarations un- <br />less terminated at an earlier date. <br />B. Premium <br />The First Named Insured will pay to the Com- <br />pany the amount of premium stated in Item 7. of <br />the Declarations. The premium may be adjusted <br />at any time during the Policy Period or any ex- <br />tensions of the Policy Period based upon <br />changes in the provisions of this policy as may <br />be agreed upon by the First Named Insured <br />and the Company. <br />C. Insured’s Duties in the Event of a Claim <br />1. If there is a Claim, the Insured must do the <br />following after the Named Insured has <br />knowledge of the Claim: <br />a. Notify the Company in writing as soon <br />as practicable. This notice must contain <br />details that identify the Insured, the <br />claimant and also reasonably obtainable <br />information concerning the time, place <br />and other details of the Wrongful Act <br />and Claim. <br />b. Immediately send the Company copies <br />of all demands, notices, summonses or <br />legal papers received in connection with <br />the Claim; <br />c. Authorize the Company to obtain rec- <br />ords and other information; <br />d. Cooperate with and assist the Compa- <br />ny in the investigation, settlement or de- <br />fense of the Claim; and <br />e. Assist the Company, upon the Compa- <br />ny’s request, in enforcing any rights of <br />contribution or indemnity against anoth- <br />er who may be liable to any Insured. <br />2. No Insured will, except at the Insured’s <br />own cost, voluntarily make a payment, admit <br />liability, assume any obligation or incur any <br />expense without the Company’s prior writ- <br />ten consent. <br />3. When this policy requires that an Insured <br />provide notice of a Claim, we will consider <br />the Insured to have knowledge of that <br />Claim when any of the offices of the Named <br />Insured’s chairperson of the board of direc- <br />tors, president, chief executive officer, chief <br />operating officer, chief financial officer, risk <br />manager or in-house counsel has that <br />knowledge. <br />D. Bankruptcy <br />The bankruptcy or insolvency of the Insured or <br />Insured’s estate will not relieve the Company <br />of the Company’s obligation under this insur- <br />ance. However, this insurance will not apply to <br />liability directly or indirectly due to such bank- <br />ruptcy, insolvency, receivership or subsequent <br />liquidation. <br />E. Other Insurance <br />If other valid and collectible insurance applies to <br />a Claim covered under this policy, this insur- <br />ance is excess over such other insurance, ex- <br />cept when the other insurance is specifically ar- <br />ranged by or on behalf of the Named Insured to <br />apply in excess of this insurance, and no other <br />insurance applies to the Claim. <br />F. Subrogation and Recovery <br />In the event of any payment under this policy, <br />the Company will be subrogated to all the In- <br />sured's rights of recovery therefore against any <br />person or organization, and the Insured will ex- <br />ecute and deliver instruments and papers and <br />do whatever else is necessary to secure such <br />rights. The Insured will do nothing to prejudice <br />such rights. The Company will have no rights of <br />subrogation against any Insured hereunder. <br />Any recoveries shall be applied as follows: <br />1. First, to the Company up to the amount the <br />Company has paid for Damages and Claim <br />Expense. <br />EXHIBIT B <br />Docusign Envelope ID: 719DA141-AC44-83B6-8162-C79EED148CD3
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