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(3) Exposure to adverse environmental
<br />conditions, including but not limited
<br />to change in temperature or
<br />humidity, unless such conditions
<br />result in an observable loss of
<br />functionality. Loss of warranty shall
<br />not be considered an observable
<br />loss of functionality.
<br />17. "Electronic data" means files, documents,
<br />information and "programs and
<br />applications" in an electronic format and
<br />that are stored on "media".
<br />18. "Electronic Vandalism" means "computer
<br />hacking", "computer virus" or a "denial of
<br />service attack". "Electronic vandalism"
<br />does not include the "theft" of any property
<br />or services.
<br />19. "Employee" or "employees" means:
<br />a. Any natural person or persons:
<br />(1) While in your service and for 30
<br />days after termination of service;
<br />and
<br />(2) Who you compensate directly by
<br />salary, wages or commissions; and
<br />(3) Who you have the right to direct
<br />and control while performing
<br />services for you;
<br />b. Any natural person who is furnished
<br />temporarily to you:
<br />(1) To substitute for a permanent
<br />employee, as defined in paragraph
<br />a. above, who is on leave; or
<br />(2) To meet seasonal or short-term
<br />workload conditions;
<br />c. Any natural person or persons who is
<br />leased to you under a written
<br />agreement between you and a labor
<br />leasing firm, to perform duties related
<br />to the conduct of your business, but
<br />does not mean a temporary "employee"
<br />as defined in paragraph b. above;
<br />d. Any natural person who is a former
<br />"employee", partner, "manager",
<br />director or trustee retained as a
<br />consultant while performing services
<br />for you; or
<br />e. Any natural person who is a guest
<br />student or intern pursuing studies or
<br />duties, excluding, however, any such
<br />person while having care and custody
<br />or property outside the described
<br />premises;
<br />f. Any natural person who is:
<br />(1) A trustee, officer, employee,
<br />administrator or manager, except
<br />an administrator or manager who is
<br />an independent contractor, of any
<br />"em to ee benefit Ian and
<br />Hanover
<br />Insurance Group-
<br />ODF D785344 5701644
<br />(2) A director or trustee of yours
<br />while that person is engaged in
<br />handling "funds" or "other
<br />property" of any "employee
<br />benefit plan";
<br />"Employee" does not mean any
<br />agent, broker, factor, commission
<br />merchant, consignee, independent
<br />contractor or representative of the
<br />same general character not specified
<br />in paragraph 14. of this section.
<br />20. "Financial institution" means:
<br />a. With regard to SECTION I -
<br />PROPERTY, A. Coverage, 5.
<br />Additional Coverage, s. Money and
<br />Securities:
<br />(1) A bank, savings bank, savings
<br />and loan association, trust
<br />company, credit union or similar
<br />depository institution; or
<br />(2) An insurance company.
<br />b. SECTION I - PROPERTY, A. Coverage,
<br />5. Additional Coverage, hh. Computer
<br />and Funds Transfer Fraud:
<br />(1) A bank, savings bank, savings
<br />and loan association, trust
<br />company, credit union or similar
<br />depository institution;
<br />(2) An insurance company; or
<br />(3) A stock brokerage firm or
<br />investment company.
<br />c. Other than SECTION I - PROPERTY,
<br />A. Coverage, 5. Additional Coverages,
<br />s. Money and Securities and hh.
<br />Computer and Funds Transfer Fraud,
<br />any financial institution.
<br />21. "Fine arts" means paintings, etchings,
<br />pictures, tapestries, rare art glass, art
<br />glass windows, valuable rugs, statuary,
<br />sculptures, "antique" jewelry, bric-a-brac,
<br />porcelains and similar property of rarity,
<br />historical value or artistic merit.
<br />22. "Finished stock" means stock you have
<br />manufactured. "Finished stock" also
<br />includes whiskey and alcoholic products
<br />being aged.
<br />"Finished stock" does not include "stock"
<br />you have manufactured that is held for
<br />sale on the premises of any retail outlet.
<br />23. "Flood" means a general and temporary
<br />condition of partial or complete
<br />inundation of normally dry land areas
<br />due to:
<br />a. Surface water or waves, tides, tidal
<br />waves, tsunami, overflow of any body
<br />of water or their spray, all whether
<br />driven by wind or not (including
<br />p y p storm surge);
<br />RideMmaganad])Msian
<br />REVIEWED & APPROVED BY.-
<br />391-1003 08 16 Includes copyrighted material of Insurance Services Office, Inc., with its permission.
<br />--� Risk hrPanagement Analyst
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