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INSURED: Paragon Partners Ltd. POLICY#: BABM31236ATCT20 POLICY PERIOD: 0110112020 TO: 01/01/2021 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. BUSINESS AUTO EXTENSION ENDORSEMENT This endorsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM With respect to coverage provided by this endorsement, the provisions of the Coverage Form apply unless modified by the endorsement. GENERAL DESCRIPTION OF COVERAGE — This endorsement broadens coverage. However, coverage for any Injury, damage or medical expenses described in any of the provisions of this endorsement may be excluded or limited by another endorsement to the Coverage Part, and these coverage broadening provisions do not apply to the extent that coverage Is excluded or limited by such an endorsement, The following listing Is a general coverage description only. Limitations and exclusions may apply to these coverages. Read all the provisions of this endorsement and the rest of your policy carefully to determine rights, duties, and what Is and Is not covered. A. BROAD FORM NAMED INSURED B. BLANKET ADDITIONAL INSURED C. EMPLOYEE HIRED AUTO D. EMPLOYEES AS INSURED E. SUPPLEMENTARY PAYMENTS — INCREASED LIMITS F. HIRED AUTO — LIMITED WORLDWIDE COVERAGE — INDEMNITY BASIS G. WAIVER OF DEDUCTIBLE — GLASS PROVISIONS A. BROAD FORM NAMED INSURED The following is added to Paragraph A.1., Who Is An Insured, of SECTION II — LIABILITY COVERAGE: Any organization you newly acquire or form during the policy period over which you maintain 50% or more ownership Interest and that Is not separately insured for Business Auto Coverage. Coverage under this provision Is afforded only until the I6Dth day after you acquire or form the organization or the end of the policy period, whichever is earlier. B. BLANKET ADDITIONAL INSURED The following Is added to Paragraph c. in A.1., Who is An Insured, of SECTION Il — LIABILITY COVERAGE: H. HIRED AUTO PHYSICAL DAMAGE — LOSS OF USE — INCREASED LIMIT 1. PHYSICAL DAMAGE — TRANSPORTATION EXPENSES— INCREASED LIMIT J. PERSONAL EFFECTS K. AIRBAGS L. NOTICE AND KNOWLEDGE OF ACCIDENT OR LOSS M. BLANKET WAIVER OF SUBROGATION N. UNINTENTIONAL ERRORS OR OMISSIONS as an additional insured for Liability Coverage, but only for damages to which this insurance applies and only to the extent of that person's or organization's liability for the conduct of another "insured". C, EMPLOYEE HIRED AUTO 1. The following is added to Paragraph A.1., Who Is An insured, of SECTION II — LIABILITY COVERAGE: An "employee" of yours Is an "insured" while operating an "auto" hired or rented under a contract or agreement In that "employee's" name, with your permission, while performing duties related to the conduct of your business. This includes any person or organization wf#Y*WED & hP ng replaces Paragraph N In B.6.,— mnsurance, of SECTION IV — are required under a written contrag� f1011c MANAGEmEN WS AUTO CONDITIONS: agreement between you and that person or organization, that Is signed by you before the MAY glut For Hired Auto Physical Damage "bodily injury" or "property damage" occurs and I Coverage, the following are deemed to be that is In effect during the policy period, toi severed "autos" you own: p,NG1E ACEVEdG CA T3 83 08 17 m 2016 The Travelers IndemMy Company. All rights reserved. Page 1 of 4 Imiudes copyrighted material of Insurance Services Mae, Ix. with its permission