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CNA CNA PARAMOUNT Stop Gap Liability Coverage Part C. partner of a partnership; D. manager of a limited liability company; E. trustee of a trust. An executive officer is not an employee. First Named Insured means the person or organization first listed as a Named Insured in the Declarations. Insured means any Named Insured and, A. any natural person who was, is or becomes: 1. the Named Insured's executive officers but only with respect to their acts in the conduct of the Named Insured's business; or 2. the Named Insured's stockholders, but only with respect to their liability as stockholders. 3. the Named Insured's employees or volunteer workers, but only with respect to their acts in the conduct of the Named Insured's business. B. Any organization the Named Insured newly acquires or forms, other than a partnership or joint venture, and over which the Named Insured maintains ownership or majority interest, if there is no other similar insurance available to that organization. However: 1. coverage under this provision is afforded only until the 90th day after the Named Insured acquires or forms the organization or the end of the policy period, whichever is earlier; and 2. coverage does not apply to bodily injury that occurred before the Named Insured acquired or formed the organization. No person or organization is an insured with respect to the conduct or any current or past partnership or joint venture that is not shown as a Named Insured in the Declarations. In addition to the above, the estates, heirs, legal representatives or spouses of any of the Named Insured's executive officers or employees qualifying as an Insured are also insured pursuant to the condition entitled Estates, Legal Representatives And Spouses. Leased worker means a natural person leased to the Named Insured by a labor -leasing firm under an agreement between the Named Insured and the labor -leasing firm, to perform duties related to the conduct of the Named Insured's business. Leased worker does not include a temporary worker. Named Insured means the person or organization shown in the Declarations, and any other person or organization qualifying as a Named Insured under this policy. Policy period means the period of time from the effective date and time of this Policy to the date and time of termination as shown in the Policy Declarations, or its earlier cancellation date. Spouse means any husband or wife or any person qualifying as a domestic partner under any applicable federal, state or local laws or under the Named Insured's employee benefit plans or employee benefits program. Suit means a civil proceeding in which damages because of bodily injury to which this insurance applies are alleged. Suit includes: A. an arbitration proceeding in which such damages are claimed and to which the Insured must submit or does submit with the Insurer's consent; or B. any other alternative dispute resolution proceeding in which such damages are claimed and to which the Insured submits with the Insurer's consent. Temporary worker means a person who is furnished to the Named Insured to substitute for a permanent employee on leave or to meet seasonal or short-term workload conditions. CNA74934XX 01-15 Copyright CNA All Rights Reserved. �oRaN 3 RiskMmRgemerttDiAsfan REVIEWED & APPROVED BY.- r c AA .e 1, +.cx�1.4a PZ. Y Risk Management Analyst