There is now in full force and effect with a reputable insurance company, fire and extended insurance coverage with respect to all material tangible Assets in reasonable commercial amounts. On Schedule 5(p ) is set forth a correct and complete list of (i) all currently effective insurance policies and bonds covering the Assets or the Business, and their respective annual premiums (as of the last renewal or purchase of new insurance), and (ii) since the inception of the Business, (A) all accidents, casualties or damage occurring on or to the Assets or relating to the Business which resulted in claims individually in excess of Ten Thousand and 00/100 Dollars ($10,000), and (B) claims for product liability, damages, contribution or indemnification and settlements (including pending settlement negotiations) resulting therefrom which individually are in excess of Ten Thousand and 00/100 Dollars ($10,000). Except as set forth on Schedule 5(p) , as of the date hereof, there are no disputes with underwriters of any such policies or bonds, and all premiums due and payable have been paid, subject to any audit premiums to be paid or refunded in the future. There are no pending or threatened terminations or premium increases with respect to any of such policies or bonds, and there is no condition or circumstance applicable to the Business, other than the sale of the Capital Stock pursuant to this Agreement, which may result in such termination or increase. DMSI is in compliance with all material conditions contained in such policies or bonds, except for noncompliance which, individually or in the aggregate, would not have a material adverse effect on the Business, the Capital Stock, or the Assets.