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Binder Coverage Selection Binder Page 7 of 48 STATED CAUSES OF LOSS Limits of Insurance shown below apply in any one occurrence, unless otherwise stated. The following is applicable when an Annual Aggregate is shown:Annual Aggregate represents the most we will pay in total for all loss or damage in any one Policy Year,regardless of the number of occurrences,or Insured Premises involved in an occurrence. STATED CAUSES OF LOSS LIMITS OF INSURANCE IN ANY ONE EQUIPMENT BREAKDOWN ACCIDENT Equipment Breakdown Included in the Limits of Insurance applicable to Covered Property and Business Interruption Waiting Period 24 Hours Valuation - Equipment Breakdown Property Replacement Cost Equipment Breakdown Coverage Extensions CFC Refrigerants Included in the Equipment Breakdown Limit of Insurance Expediting Expenses $100,000 Hazardous Substances $100,000 Spoilage $100,000 STATED CAUSES OF LOSS (For any Stated Cause of Loss for which a Policy Limit of Insurance applies, please see the SCHEDULE OF INSURED PREMISES AND COVERAGE for limits, terms and conditions applicable at each Insured Premises) LIMIT OF INSURANCE EARTHQUAKE SPRINKLER LEAKAGE $2,500,000 Policy Annual Aggregate FLOOD $2,500,000 Policy Annual Aggregate Applicable to Earth Movement,Earthquake,Earthquake Sprinkler Leakage and Flood (hereafter,Stated Cause of Loss) Annual Aggregate Limits of Insurance: Each Limit of Insurance applicable to Earth Movement,Earthquake,Earthquake Sprinkler Leakage or Flood is an Annual Aggregate and represents the most we will pay for all covered losses caused by or resulting from Earth Movement, Earthquake,Earthquake Sprinkler Leakage or Flood during the policy term.The amount we pay for each covered loss reduces the amount of coverage available for future losses. 1.The Earth Movement,Earthquake,Earthquake Sprinkler Leakage or Flood Annual Aggregate Policy Limit of Insurance represents the most we will pay for all covered losses caused by or resulting from that Stated Cause of Loss during the policy term.The amount we pay for each covered Earth Movement,Earthquake,Earthquake Sprinkler Leakage or Flood loss erodes the Annual Aggregate Policy Limit of Insurance applicable to that Stated Cause of Loss. 2.The Earth Movement,Earthquake,Earthquake Sprinkler Leakage or Flood Annual Aggregate Limit of Insurance applicable to any described Region,Zone,geographic area or territory represents the most we will pay for all covered losses caused by or resulting from that Stated Cause of Loss in that described Region,Zone,geographic area or territory during the policy term. The amount we pay for such losses erodes: Docusign Envelope ID: 8B1A83C1-5D3E-8229-81C5-784070B121B4