(2) Further, it is also a condition of this policy that, in order for coverage to apply, the first Named Insured shall give immediate written notice to us of any "claim" or suit to which this policy applies, including any "claim" first made during the Extended Reporting Period, regardless of the amount thereof, which is still pending on the thirty-sixth month from the expiration date of this policy.

b. The first Named Insured shall immediately notify us in writing of any "claim", alone or in combination with any other "claims", to which this policy applies which may exceed 25% of the applicable amount set forth in the Schedule of Retained Amounts. The first Named Insured will notify us on the assumption that an "insured" is liable and that an "insured" is liable for any amount(s) claimed.

c. As respects a. and b. above, the first Named Insured and any other involved "insured" must:

(1) Immediately send us copies of any demands, notices, summonses or other legal papers received in connection with the "claim" or suit;

(2) Authorize us to obtain records and other information;

(3) Cooperate with us in the investigation, settlement or defense of the "claim" or suit; and

(4) Assist us, upon our request, in the enforcement of any right against any person or organization which may be liable to the "insured" because of injury to which this insurance may also apply.

d. No "insureds" will, except at their own cost, voluntarily make a payment, assume any obligation, or incur any expense other than for first aid, without our consent.

3. Notice of Potential "Claim" - If we receive written notification from the "insured" during the policy period of an "occurrence" which is likely to involve this policy, and if that "occurrence" results in a "claim" that is reported to us within 36 months from the date we were notified of the "occurrence", then this policy will respond as if the "claim" had been made on the last day of the policy period.