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BUSINESS LIABI14TY COVERAGE FORM <br />(b) Relied <br />coni <br />to, <br />ol of, <br />in the care, custody or b. Coverage under this provision does not <br />or over which physical <br />corill <br />of is <br />apply to: <br />being exercised for any <br />"Bodily <br />purr <br />ose by <br />you, any of your (1) injury" or "property damage" <br />"em <br />loyee <br />", "volunteer workers", that occurred; or <br />any <br />arine <br />or member (if you are (2) "Personal and advertising injury" <br />a ri <br />rtnerslilp <br />or joint venture), or arising out of a i offense committed <br />any <br />member <br />(if you are a limited before you acquired or formed the <br />liability <br />company). <br />Organization. <br />b. Real Estate <br />Manager <br />4. Operator Of Mobile E uipment <br />Any person (other <br />t <br />an your "employee" or With respect to "mobilequipmenf' registered in <br />volunteer <br />orker" <br />I, or any organization your name under any motor vehicle registration <br />while acting <br />as youi <br />real estate manager. law, any person is an insured while driving such <br />c. Temporary <br />Custodians <br />Of Your equipment along a Public highway with your <br />Property <br />Permission. Any other person or organization <br />Any person <br />r organization <br />having proper responsible for the conduct of such person Is <br />temporary ci. <br />stody <br />of your property it y ou also an insured, but on with respect to liability <br />die, but only: <br />arising out of the opera6 n of the equipment, and <br />(1) With resr <br />act to <br />only if no other insurance of any kind is available <br />lability arising out of the to that person or organization for this liability. <br />maintena <br />ice or <br />ise of that property; and However, no person or organization is an insured <br />(2) Until your <br />leg <br />I representative has with respect to: <br />been apr <br />ointed <br />a. "Bodily injury" to a co -"employee" of the <br />d. Legal Repre <br />entat <br />ve If You Die person driving the equipment; or <br />Your legal r <br />1prese <br />itative if you die, but b. 'Property damage" to property owned by, <br />only with res <br />3ect tic <br />duties as such. That rented to, in the chi rge of or occupied by <br />representi <br />will tave <br />all your rights and you or the employe of any person who is <br />duties under <br />his insurance. <br />an insured under thi i provision. <br />e. Unnamed St <br />bsidli <br />ry 5. Operator of Nonowne Watercraft <br />Any subsidia <br />y and <br />subsidiary thereof, of With respect to watercr ft you do not own that <br />yours which i <br />a leg <br />Ily incorporated entity is less than 51 feet Ion and is not being used <br />of which yot. <br />own <br />a financial interest of to Garry persons fora ct arge, any person is an <br />more than 5 <br />% of tie <br />voting stock on the insured while operatinc such watercraft with <br />effective date <br />of this <br />Coverage Part. your permission. Any other person or <br />The insuran <br />a aff <br />rded herein for any organization responsible for the conduct of <br />subsidiary not <br />shown <br />in the Declarations such person is also an insured, but only with <br />as a named <br />insured <br />does not apply to respect to liability arising out of the operation <br />injury or dam <br />ige wl <br />h respect to which an of the watercraft, and only if no other <br />insured unde <br />this <br />insurance is also an insurance of any kind is available to that <br />insured unde <br />anoff <br />er policy or would be person or organization for this liability. <br />an insured u <br />ider such <br />policy but for its However, no person or organization is an <br />termination oi <br />upon <br />the exhaustion of its insured with respect to: <br />limits of insurance. <br />a. "Bodily injury" to a co "employee" of the <br />3. Newly Acquired <br />Or For <br />Tied Organization person operating the watercraft; or <br />Any organization <br />you n <br />wly acquire or form, b. "Property damage" to property owned by, <br />other than a partnership, <br />joint venture or rented to, in the charge of or occupied by <br />limited liability co <br />npany <br />and over which you you Or tile employer of any person who is <br />maintain financial <br />intere, <br />t of more than 50% of an insured under this provision. <br />the voting stock, <br />will <br />qualify as a Named 6. Additional Insureds When Required By <br />Insured if there i <br />no o <br />her similar insurance Written Contract, Written Agreement Or <br />available to that olganizEtion. <br />However. Permtt <br />a. Coverage un <br />er this <br />provision is afforded The person(s) or organization(s) identified in <br />only until the <br />180th <br />day after you acquire Paragraphs a. through fj below are additional <br />or form the or <br />aniza <br />ion or the end of the insureds when you have agreed, in a written <br />policy period, <br />whichever <br />is ertrlier: and <br />Form SS 00 08 04 05 I c`, 7 1 Page 11 of 24 <br />