rTlciti d. :.:ha Obl
<br />t igae an sustain any tors or losses covered by this bond which exceed the amount of coverage i
<br />j; provided by th1Y band, the Qbligea shall be enti::ed to alt recoveties, except hum surotyahip, insurance, reinsurance, security
<br />1 or Indemnity taken by or fot the beneAt of the Aurety, by whomsoever made, on a=unt of such loss o: losses under this
<br />bond until NllIy itimbnraed, leas the actual cast of effecting the same: and less the amount of the deductible carved on the
<br />Employee causing such loss or lessed; and arty remainder shall be applied to the reimbursement of the Surety.
<br />CANCELLATION AS TO ANY EMPLOY&&
<br />SECTION 10. This bond shall be deemed cancelled as ra any Employee; (a) immediataly upon discovery by the Obligati, or ,
<br />i by any partner or officer thereof not in arilusion with such Employee, of any fraudulent or dishonest act on the part of retch
<br />Employee; or (b) at 12:00 o'clock night, standard time, upon the effective date specified in s written notice Served upon the
<br />Obliges or sent by latiL Such da4, it tlta nodea be served, shall be not leas than ten M) days After such service, or, U sent
<br />by mail, not loss than tlf400n (15) days attar the paailing. The mailing by Surety of notice, as aforesaid, to the Obliges at Ita '
<br />principal cfflce shall be sufficient proof of notice,
<br />1 ; CANC$iL.i.AT1ON AS TO BOND IN 1'I'9 RNT1RETyr
<br />` SECTION 11. This bond shall be deemed cancelled, in its ontlrety at 12,W o'cloclt night, standard tirna, upon the sf? active
<br />I' data specified In a written notice served by the Oblige* upon the Surety or by the Surety upon the Ohligss, or seat by mail,
<br />Such dots, it tha nonce bs served by the Surety, shalt be not less than ten (10) day* after such service, or if sent by tthe
<br />Surety by mail, not lest than fifteen (15) days after the data of mailing. The malting by the Surety of soots, as sforessid, to
<br />the Obligee at its principal office shall be suf icieset picat of notice. The Surety sha11 reftind to the Oblige* '.he unearned
<br />pratnlum computed pro rata If thle bond be caacelfod at the instsnca of the Surety, or at short tataa it cancelled of reduced at
<br />the inatanca of the f+b44ee.
<br />PRIOR YRa1iJI2, DISHONESTY OR CAMCELLATION: }
<br />SECTION 11 No Employee, to the best of the knowtedga of the Obligea, or of any partner or offloer thereof not ih collusion I
<br />with such Employee, has committed any fraudulent or dishonest act In the service of the Obligee or otherwise. If prior to the
<br />liauance of this bond, any Adelity insuraacs in favor of the Obliges or any predecessor in interest of the Obligee and
<br />covering one or more cif the Obligee's Employsee shall have seen C"C4114d as to any of Such Employees by reason of (a) the {
<br />discovery of any llraudulont or dishon4st act on the part of such Employees, or (b)'the giving of written no tics of casoellatlan (I
<br />by the inaurer issuing said fidelity insurance, whether the Surety er nit, and if such Employees shall not have b"a
<br />f ,eir,atetad under fhb ;overage o f said fidelity insurance or supermelin; ndelity inset ants, the Surety shall not bs liable
<br />urxier this bond on account of such Employees unless the Surety shall sea* in writing to !nclude such Employees within the
<br />coverage of this bond.
<br />LOSS - NOTICE • PROOF • LEGAL PRCCREDING$ 1
<br />SECTION 13, At the earll.ast practical Moment, and et all events not later than fifteen (.6) days after discovery of s.r..f
<br />fraudulent or dishonest act on the part of any Eraployat by the Obliges, cr by any partner or officer thereof not in collusion
<br />with such Employee, the Obligee shall give the Surety written notice thereof and within four (4) months agar such discovery i 1
<br />shall 5le with the Surety afbrtnative proof of Ica, itemized and duly swofr, to, and shall upon request of this Surety render
<br />every assistanes, not pecuniary, w facilltata the investigation and adjustment of any loss. No Suit to recovet on ssceunt of
<br />loss under this 'bond shall be braaght before the axpiratina of two (3l months from the filing of picas as aforesaid on account
<br />' of such lore nor after the expiration of twelve ;12) months nom the discovery as aloresald of the tlaedulont or dishonest act
<br />awing #tsar less. if any li;nitatkn is this bond for giving notice, filing c16 1m or bringing Suit is prohibited or made void by
<br />any law controlling the Construction of :'pis bond, such limitation #hall be deemed to be amended so as to be equal to the
<br />minimum period of litnitation permitted by such law.
<br />i
<br />TZ PORARY EMPL4DYI' M
<br />SECTION 14, The Obligee shall not st any time while this bond is in force direct say tgtnporary employes(s) to any
<br />f subscriber's ymmisse unismi such persona) ielare accompanied by a tbreman who le in the regular employ of tine Oblipa. For
<br />purposes of this restriction, any person who works less than the normal workInr hours established by his emp+oyer or i
<br />Cihervrise fails to Meet the dsAnition of "imp'4ya4" above u considered a temporary employee.
<br />EXCLUSIONS, i
<br />SECT OK 1E. This bond doss riot apply to loss that is an .redirect result of any act or too$ caused by or involving one (1) or
<br />more B.usployssa, wheths: the result of a single act or series of acts, covered by this iasurance including, Out not limited to,
<br />Ices resulting from
<br />a. The Obligee's Inability to rsallia income :hat *could have been realised had there bean no loss covered by this bond.
<br />b. Payawnt ofdamagoe of any type fbr which the Obliges Is legally lisbie. Compensatory damages arising directly i`om
<br />a coveted toss will be paid.
<br />c. Paymerit of costs, fesa, or other axp4nsea Incurred by the Cbligse la establishing either tiro suistenee or the ►mount
<br />of loan under this bond.
<br />This bond does not apply to expenses !sated to any legal action.
<br />OTHER INSURANCFs
<br />SECTION 16. This bond does not apply to loss recoverable or recovered under other ,r%Aurance or Indemnity. ]However, if the .
<br />lim;t of the other,insurana or lademnity is insufficient to raver the entire Amount of the loss, this bond will apply to that
<br />Part of the loss, other than that falling within any Deductible Asnount, not recoverable or rs4ov4red under the other
<br />insurance or U%dsmnity, but not for more than the amount of indemnity as stated above.
<br />DATED august 31 1993
<br />,
<br />I"
<br />WESTERN r C0M °ANY
<br />Pruldeac
<br />I
<br />— ,THi 207—
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