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CNA CNA PARAMOUNT Broad Named Insured Endorsement This endorsement modifies insurance provided under the following: EMPLOYEE BENEFITS LIABILITY COVERAGE PART STOP GAP LIABILITY COVERAGE PART LIQUOR LIABILITY COVERAGE PART It is understood and agreed as follows: I. The WHO IS AN INSURED Section is amended to delete its Paragraph 3. in its entirety and replace it with the following: 3. Pursuant to the limitations described in Paragraph IV. below, any organization in which a Named Insured has management control: a. on the effective date of this Coverage Part; or b. by reason of a Named Insured creating or acquiring the organization during the policy period, qualifies as a Named Insured, provided that there is there is no other similar liability insurance, whether primary, contributory, excess, contingent or otherwise, which provides coverage to such organization, or which would have provided coverage but for the exhaustion of its limit, and without regard to whether its coverage is broader or narrower than that provided by this insurance. However, this BROAD NAMED INSURED provision does not apply to: (a) any partnership, limited liability company or joint venture; or (b) any organization for which coverage is excluded by another endorsement attached to this Coverage Part. II. Solely with respect to organizations which qualify as Named Insureds by virtue of this Endorsement, this insurance does not apply to: a. bodily injury or property damage that first occurred prior to the date of management control, or that first occurs after management control ceases; nor b. personal or advertising injury caused by an offense that first occurred prior to the date of management control or that first occurs after management control ceases. III. The insurance provided by this Coverage Part applies to Named Insureds when trading under their own names or N under such other trading names or doing -business -as names as any Named Insured should choose to employ. N IV. For the purposes of this endorsement, a new definition is added as follows: 0 0 Management control means: 0 0 A. owning interests representing more than 50% of the voting, appointment or designation power for the selection of a majority of: the Board of Directors of a corporation; or B. having the right, pursuant to a written trust agreement, to protect, control the use of, encumber or transfer or sell property held by a trust. V. If the coverage part to which this endorsement applies is part of a package policy that also contains a Commercial General Liability Coverage Part (CGL) that has been endorsed: A. with a Broad Named Insured provision, then the CGL's Broad Named Insured provision's terms hereby replace this endorsement's terms, including any terms applicable to management control, limited liability companies or joint ventures; or B. to exclude from coverage an organization that otherwise would qualify as a Named Insured under this (Broad Named Insured) endorsement, then such an organization is also excluded from the coverage provided by this coverage part. CNA75108XX (1-15) Po Page 1 of 2 EndorsemE Risk MmRgmerdDiAsiun VALLEY FORGE INSURANCE COMPANY Effectiv 3 �,? r, RE�AEWED&APPROVED BY. - Insured Name: LYRASIS INC Copyright CNA All Rights Reserved. ` Risk Management Analyst