COASTLINE EQUIPMENT (BRAGG INVESTMENT COMPANY, INC.)

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The debris removal expense is less than 25% of the sum of the loss payable plus the deductible. The sum of the loss payable and the debris removal expense ($49,500 + $10,000 = $59,500) is less than the Limit of Insurance. Therefore, the full amount of debris removal expense is payable in accordance with the terms of Paragraph (3). Example #2 Limit of Insurance: $ 90,000 Amount of Deductible: $ 500 Amount of Loss: $ 80,000 Amount of Loss Payable: $ 79,500 ($80,000 - $500) Debris Removal Expense: $ 40,000 Debris Removal Expense Payable: Basic Amount: $ 10,500 Additional Amount: $ 25,000 The basic amount payable for debris removal expense under the terms of Paragraph (3) is calculated as follows: $80,000 ($79,500 + $500) x .25 = $20,000; capped at $10,500. The cap applies because the sum of the loss payable ($79,500) and the basic amount payable for debris removal expense ($10,500) cannot exceed the Limit of Insurance ($90,000). The additional amount payable for debris removal expense is provided in accordance with the terms of Paragraph (4), because the debris removal expense ($40,000) exceeds 25% of the loss payable plus the deductible ($40,000 is 50% of $80,000), and because the sum of the loss payable and debris removal expense ($79,500 + $40,000 = $119,500) would exceed the Limit of Insurance ($90,000). The additional amount of covered debris removal expense is $25,000, the maximum payable under Paragraph (4). Thus the total payable for debris removal expense in this example is $30,500; $4,500 of the debris removal expense is not covered. b. Pollutant Clean Up and Removal Cause of Loss that occurs during the policy period. This Clean Up and Removal Coverage applies only to a building listed in the Declarations or while the "pollutants" are in transit in a vehicle you own, lease, rent or borrow and operated by you, your partners or employees. The expenses will be paid only if they are reported to us in writing within 180 days of the date on which the Covered Cause of Loss occurs. This Coverage Extension does not apply to costs to test for, monitor or assess the existence, concentration or effects of "pollutants". But we will pay for testing which is performed in the course of extracting the "pollutants" from the land or water. The most we will pay under this Coverage Extension for each described building is $10,000 for the sum of all covered expenses arising out of Covered Causes of Loss occurring during each separate 12-month period of this policy. The limit for this Coverage Extension is in addition to the Limit of Insurance. c. Theft Damage to Buildings (1) We will pay for damage caused directly by theft or attempted theft to: (a) That part of any building containing Covered Property; or (b) Equipment within the building used to maintain or service the building; only if you own the building or are legally responsible for the damage. (2) But, we will not pay for damage: (a) Caused by fire; or (b) To glass or lettering or art work on glass. This Coverage Extension is included within the applicable Limit of Insurance. d. Valuable Papers and Records We will pay your costs to research, replace or restore the lost information on lost or damaged valuable papers and records, including those which exist on electronic or magnetic media, for which duplicates do not exist, if direct physical loss or damage results from or is caused by a Covered Cause of Loss. We will pay your expenses to extract The most we will pay under this Coverage "pollutants" from land or water if the Extension is $5,001 discharge, dispersal, seepage, migration, w.k� release or escape of the "pollutants" is REME mar. caused by or results from a Covered ` CM 88 00 01 15 Includes copyrighted material of Insurance Services Office, Inc. Risk Management Spedittist 2425473 with its permission. Sentry Select Insurance Company 00007 0000000000 23265 0 N fe6feab7-519a4fOb-899e-98d856985797