Page 99 - Binder2
P. 99

with respect to any judgement award payment or
                 (a)  libels appearing in any Publication normal to    settlement made within countries which operate
                     the conduct of the Named Insured’s                under the laws of the United States of America or
                     Business accidentally committed or                Canada (or to any order made anywhere in the
                     occasioned by the Insured in good faith           world to enforce such judgement award payment
                                                                       or settlement either in whole or in part) the
                 (b)  slanders in oral utterances accidentally         following additional conditions shall apply
                     committed or occasioned by any Employee
                     in good faith in the course of and in             (a)  the Limit of Indemnity stated in the Schedule
                     pursuance of the Business                             is inclusive of claimants’ and defence costs
                                                                           and expenses
                 (c)  notwithstanding General Exclusion 6.
                     Cyber Risk – Third Party which shall not          (b)  the Company will not be liable for the
                     apply to this paragraph (c) libels accidentally       Deductible stated in the Schedule
                     committed or occasioned by the Insured in
                     good faith appearing in any Publication
                     comprising documents agendas minutes or
                     reports of meetings that have been vetted
                     and formally approved for publication by the
                     Named Insured on their official website
                     maintained by them

                 but only in respect of any Claim which is both first
                 made against the Insured and notified to the
                 Company during the Period of Insurance or
                 notified to the Company within thirty days after
                 the end of the Period of Insurance and provided
                 that

                 (i)   the date of the Publication or utterance on
                     which the Claim is based occurred during
                     the Period of Insurance

                 (ii)  the liability of the Company in respect of all
                     Claims (including claimants’ and defence
                     costs and expenses as indemnified for
                     under clause 2 and 3 of the Cover) in any
                     one Period of Insurance shall not exceed in
                     the aggregate £1,000,000 and for the
                     avoidance of doubt as regards all
                     Compensation costs and legal expenses
                     incurred or awarded in connection with any
                     one Publication or utterance whether or not
                     all claims in respect thereof shall be made
                     during the same Period of Insurance

                 (iii)  this extension shall not apply to libels or
                     slanders made to or by one Employee or
                     former Employee of the Named Insured
                     against another or to libels or slanders
                     committed or occasioned by the Insured in
                     connection with any obligation owed by the
                     Named Insured as employer to any
                     Employee or former Employee or made by
                     any member of a joint venture to any other
                     member thereof

                 (iv)  General Condition 12 — Cross Liabilities
                     shall not apply to this extension

        PL06.    North American Jurisdiction
                 General Condition 17 shall not apply and any
                 indemnity provided by this Section in respect of
                 legal liability to pay Compensation (including
                 claimants’ costs and expenses) shall operate in
                 accordance with the law of any country however


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        Casualty Policy Wording                                                        TRV0126 02/14  Policy Code 2010 05/12
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