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CNA II AMENDMENT TO NAMED INSURED CNA Paramount Excess and Umbrella Liability Policy Endorsement This endorsement modifies insurance provided under the following: PARAMOUNT EXCESS AND UMBRELLA LIABILITY POLICY It is understood and agreed that: 1. The section entitled WHO IS AN INSURED is amended as follows: a. Paragraph A. is deleted and replaced by the following: A. With respect to Coverage A - Excess Follow Form Liability: (1) Any person or organization that is a Named Insured under the provisions of underlying insurance shall be considered a Named Insured under Coverage A Excess Follow Form Liability; (2) Any person or organization included as an insured under the provisions of underlying insurance is an Insured under Coverage A - Excess Follow Form Liability; but only for the same coverage, except for limits of insurance, afforded under such underlying insurance. a. Paragraph B. is amended to add the following as Named Insureds under Coverage B - Umbrella Liability: Entities that are named insureds under the provisions of underlying insurance, but only while a Named Insured has management control over the entity during the policy period, subject to the following: (1) the coverage provided by this insurance to such an entity does not apply to: (a) bodily injury or property damage that occurred; or (b) personal and advertising injury caused by an incident first committed; before a Named Insured has management control or after a Named Insured ceases to have management control; and (1) no person or organization is a Named Insured: (a) with respect to the conduct of any current, past or newly formed partnership, limited liability company or joint venture that is not covered by this endorsement as a Named Insured; or (b) if the person or organization is excluded by another endorsement attached to this policy. For the purpose of this provision, management control means a Named Insured: • has more than 50% ownership interest in the entity, directly or indirectly; or • exercises management or financial control over the entity. a. Paragraph C. is deleted and replaced by the following: C. With respect to Coverage C - Crisis Event Management and Coverage D - Key Employee, any entity that qualifies as a Named Insured under Coverage A or Coverage B also qualifies as a Named Insured under Coverage C and Coverage D. Form No: CNA88301 XX (08-2017) Endorsement Effective Date: Endorsement Expiration Date: Endorsement No: 5; Page: 1 of 2 Underwriting Company: The Continental Insurance Company, 151 N Franklin St, Chicago, IL 60606 © Copyright CNA All Rights Reserved P P Risk ManagmendDiAsian P o % o...A 'e'�'�i REVIEWED & APPROVED BY. - Risk Management Analyst