COASTLINE EQUIPMENT (BRAGG INVESTMENT COMPANY, INC.)

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e. Personal Effects and Property of Others You may extend the insurance that applies to your business personal property to cover: (1) Personal effects owned by you, or by your officers, your partners or members, your managers or your employees; (2) Personal property of others, other than personal property of others covered by Sections A.1.a., A.1.b. or A.1.c. of this form, while that property is in your care, custody or control. This provision does not apply to tools owned by your officers, partners or members, your managers or your employees. This coverage is excess over any other insurance on this property except when you are legally liable for the direct physical loss or damage. The most we will pay under this Coverage Extension is $5,000. f. Business Income and Extra Expense (1) We will pay for: (a) The actual loss of business income; and (b) Extra expense You sustain due to the necessary suspension of your operations during the period of restoration. The suspension must be caused by a direct physical loss or damage to property at a premises listed in the Declarations. The loss or damage must be caused by or result from a Covered Cause of Loss. (2) Business Income Loss Determination The amount of the Business Income loss will be determined based on: (a) The Net Income of the business before the direct physical loss or damage occurred; (b) The likely Net Income of the business if no loss occurred; (c) The operating expenses, including payroll expenses, necessary to resume operations with the same quality of service that existed just before the direct physical loss or damage; and (ii) Bills, invoices, and other vouchers; and (iii) Deeds, liens or contracts. (3) Extra Expense Loss Determination The amount of extra expense loss will be determined based on: (a) All expenses that exceed the normal operating expenses that would have been incurred by operations during the period of restoration if no direct physical loss or damage had occurred. We will deduct from the total of such expenses: (i) The salvage value that remains of any property bought for temporary use during the period of restoration once operations are resumed; and (ii) Any extra expense that is paid by other insurance except insurance that is written subject to the same plan, terms, conditions and provisions as this insurance. (b) All necessary expenses that reduce the business income loss that otherwise would have been incurred. (4) Resumption of Operations We will reduce the amount of your: (a) Business income loss, other than extra expense, to the extent you can resume your operations, in whole or in part, by using damaged or undamaged property (including merchandise or stock) at a premises listed in the Declarations or elsewhere. (b) Extra expense loss to the extent you can return operations to normal and discontinue such extra expense. (5) The most we will pay for business income and extra expense under this Coverage Extension is $5,000. (6) Insurance under this Extension is excess over any other insurance that applies to business income or extra expense. (7) The following definitions apply to this Coverage Extension: (a) Business income means the: (d) Other relevant sources of information, including: () t Net income net profit or loss before income taxes) that would (1) Your financial records and have been earned or incurred; or accounting procedures; „" cr ZManag�.ent wt liEr. Risst Page 6 of 14 Includes copyrighted material of Insurance Services Office, Inc. 2425473 with its permission. Sentry Select Insurance Company