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Obnfe!Jotvsfe;!Ivjuu.\[pmmbst-!Jod/ <br />coveredbythe"underlying <br />maintenance,use,entrustmenttoothers, <br />insurance"if: <br />loadingorunloadingofanyaircraft: <br />a.The"pollutants"oranyproperty <br />a.Ownedbyany"insured";or <br />inwhichthe"pollutants"are <br />b.Charteredorloanedtoany"insured". <br />containedareupset,overturned <br />Thisexclusionapplieseveniftheclaims <br />ordamagedasaresultofthe <br />allegenegligenceorotherwrongdoinginthe <br />maintenanceoruseofthe"auto", <br />supervision,hiring,employment,trainingor <br />and <br />monitoringofothersbyaninsured,ifthe <br />b.Thedischarge,dispersal, <br />"occurrence"whichcausedthe"bodily <br />seepage,migration,releaseor <br />injury"or"propertydamage"involvedthe <br />escapeofthe"pollutants"is <br />ownership,maintenance,useorentrustment <br />causeddirectlybysuchupset, <br />toothersofanyaircraftthatisownedor <br />overturnordamage. <br />operatedbyorrentedorloanedtoany <br />2.WorkersCompensationAndSimilar <br />insured. <br />Laws <br />Thisexclusiondoesnotapplytoaircraftthat <br />Anyobligationoftheinsuredundera <br />is: <br />workers'compensation,disabilitybenefitsor <br />a.Hired,charteredorloanedwithapaid <br />unemploymentcompensationlaworany <br />crew;but <br />similarlaw. <br />b.Notownedbyany"insured". <br />3.ContractualLiability <br />Thisexclusiondoesnotapplyto"bodily <br />Liabilityassumedbythe"insured"underany <br />injury"toanyofyour"employees"arisingout <br />contractoragreementwithrespecttoan <br />ofandinthecourseoftheiremploymentby <br />"occurrence"takingplacebeforethe <br />you. <br />contractoragreementisexecuted. <br />7.Watercraft <br />4.PersonalAndAdvertisingInjury <br />"Bodilyinjury"or"propertydamage"arising <br />Thispolicydoesnotapplyto"personaland <br />outoftheownership,operation, <br />advertisinginjury". <br />maintenance,use,entrustmenttoothers, <br />EXCEPTION <br />loadingorunloadingofanywatercraft. <br />Thisexclusiondoesnotapplytotheextent <br />Thisexclusionapplieseveniftheclaims <br />thatcoverageforsuch"personaland <br />allegenegligenceorotherwrongdoinginthe <br />advertisinginjury"isprovidedby"underlying <br />supervision,hiring,employment,trainingor <br />insurance",butinnoeventshallany <br />monitoringofothersbyaninsured,ifthe <br />"personalandadvertisinginjury"coverage <br />"occurrence"whichcausedthe"bodily <br />providedunderthispolicyapplytoanyclaim <br />injury"or"propertydamage"involvedthe <br />or"suit"towhich"underlyinginsurance" <br />ownership,maintenance,useorentrustment <br />doesnotapply. <br />toothersofanywatercraftthatisownedor <br />operatedbyorrentedorloanedtoany <br />Anycoveragerestoredbythis EXCEPTION <br />insured. <br />appliesonlytotheextentthatsuchcoverage <br />providedbythe"underlyinginsurance"is <br />Thisexclusiondoesnotapplyto: <br />maintainedhavinglimitsassetforthinthe <br />a.Watercraftyoudonotownthatis: <br />ScheduleofUnderlyingInsurancePolicies. <br />(1)Lessthan51feetlong,and <br />5.UnderlyingInsurance <br />(2)Notbeingusedtocarrypersonsor <br />Anyinjuryordamage: <br />propertyforacharge; <br />a.Coveredby"underlyinginsurance"but <br />b."Bodilyinjury"toanyofyour <br />foranydefensewhichanyunderlying <br />"employees"arisingoutofandinthe <br />insurermayassertbecauseofthe <br />courseoftheiremploymentbyyou;or <br />"insured's"failuretocomplywithany <br />c.Anywatercraftwhileashoreon <br />conditionofitspolicy;or <br />premisesownedby,rentedtoor <br />b.Forwhich"damages"wouldhavebeen <br />controlledbyyou. <br />payableby"underlyinginsurance"but <br />8.War <br />fortheactualorallegedinsolvencyor <br />Anyinjuryordamage,howevercaused, <br />financialimpairmentofanunderlying <br />arising,directlyorindirectly,outof: <br />insurer. <br />a.War,includingundeclaredorcivilwar; <br />6.Aircraft <br />or <br />"Bodilyinjury"or"propertydamage"arising <br />outoftheownership,operation, <br />FormXL00030916Page3of14 <br /> <br />