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BLUE TECHNOLOGIES SMART SOLUTIONS (BLUETECH)
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BLUE TECHNOLOGIES SMART SOLUTIONS (BLUETECH)
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Last modified
8/12/2021 9:14:47 AM
Creation date
7/22/2021 10:46:48 AM
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Contracts
Company Name
BLUE TECHNOLOGIES SMART SOLUTIONS (BLUETECH)
Contract #
A-2021-137
Agency
City Attorney's Office
Council Approval Date
7/20/2021
Expiration Date
7/31/2024
Insurance Exp Date
5/1/2022
Destruction Year
2029
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CNA CNA PARAMOUNT <br />Technology General Liability Extension Endorsement <br />The Named Insured must give the Insurer or the Insurer's authorized representative notice of an occurrence, <br />offense or claim only when the occurrence, offense or claim is known to a natural person Named Insured, to a <br />partner, executive officer, manager or member of a Named Insured, or to an employee designated by any of the <br />above to give such notice. <br />B. NOTICE OF OCCURRENCE <br />The Named Insured's rights under this Coverage Part will not be prejudiced if the Named Insured fails to give <br />the Insurer notice of an occurrence, offense or claim and that failure is solely due to the Named Insured's <br />reasonable belief that the bodily injury or property damage is not covered under this Coverage Part. However, <br />the Named Insured shall give written notice of such occurrence, offense or claim to the Insurer as soon as the <br />Named Insured is aware that this insurance may apply to such occurrence, offense or claim. <br />S. BROAD NAMED INSURED <br />WHO IS AN INSURED is amended to delete its Paragraph 3. in its entirety and replace it with the following: <br />3. Pursuant to the limitations described in Paragraph 4. below, any organization in which a Named Insured has <br />management control: <br />a. on the effective date of this Coverage Part; or <br />b. by reason of a Named Insured creating or acquiring the organization during the policy period, <br />qualifies as a Named Insured, provided that there is no other similar liability insurance, whether primary, <br />contributory, excess, contingent or otherwise, which provides coverage to such organization, or which would have <br />provided coverage but for the exhaustion of its limit, and without regard to whether its coverage is broader or <br />narrower than that provided by this insurance. <br />But this BROAD NAMED INSURED provision does not apply to: <br />(a) any partnership or joint venture; or <br />(b) any organization for which coverage is excluded by another endorsement attached to this Coverage Part. <br />For the purpose of this provision, and of this endorsement's. JOINT VENTURES / PARTNERSHIP / LIMITED <br />LIABILITY COMPANIES provision, management control means: <br />A. owning interests representing more than 50% of the voting, appointment or designation power for the <br />selection of a majority of the Board of Directors of a corporation, or the members of the management board of <br />a limited liability company; or <br />B. having the right, pursuant to a written trust agreement, to protect, control the use of, encumber or transfer or <br />sell property held by a trust. <br />4. With respect to organizations which qualify as Named Insureds by virtue of Paragraph 3. above, this insurance <br />does not apply to: <br />a. bodily injury or property damage that first occurred prior to the date of management control, or that first <br />occurs after management control ceases; nor <br />b. personal or advertising injury caused by an offense that first occurred prior to the date of management <br />control or that first occurs after management control ceases. <br />S. The insurance provided by this Coverage Part applies to Named Insureds when trading under their own names <br />or under such other trading names or doing -business -as names (dba) as any Named Insured should choose to <br />employ. <br />CNA74872XX (1-15) <br />Page 6 of 14 <br />VALLEY FORGE INSURANCE COMPANY <br />Insured Name: BLUE TECHNOLOGIES, INC. <br />Endorsem <br />Copyright CNA All Rights Reserved, Includes copyrighted material of Insurance Services Oftice, Inc., with Its <br />HORaN Risk Mwag mendOiAsian <br />REVIEWED & APPROVED SY.- <br />o z <br />f R. VSA44a <br />Risk Management Analyst <br />
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