the right to such extension is exercised within forty-five (45) days after the expiry date of this Policy; and
c) this Policy shall not provide cover in respect of any Wrongful Act alleged to have been committed on or after the original expiry of this Policy; and
d) the Limit of Indemnity available under this Endorsement is part of and not in addition to the Limit of Indemnity; and
e) an additional premium of fifty percent (50%) of the expiring annual Premium has been paid;