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interest of more than 50% of the voting stock, will <br />qualify as a Named Insured if there is no other <br />similar insurance available to that organization. <br />However. <br />a. Coverage under this provision Is afforded only <br />until the 90th day after you acquire or form the <br />organization or the end of the "policy period", <br />whichever is earlier; <br />b. Coverage A does not apply to "bodily injury" or <br />"property damage" that occurred before <br />you acquired or formed the organization; and <br />c. Coverage B does not apply to "personal and <br />advertising injury" arising out of an offense <br />committed before you acquired or formed the <br />organization. <br />4. Mobile Equipment <br />With respect to "mobile equipment" registered in <br />your name under any motor vehicle registration <br />law, any person is an insured while driving such <br />equipment along a public highway with your <br />permission. Any other person or organization <br />responsible for the conduct of such person is also <br />an insured, but only with respect to liability arising <br />out of the operation of the equipment, and only if <br />no other insurance of any kind is available to that <br />person or organization for this liability. However, <br />no person or organization is an insured with <br />respect to: <br />a. "Bodily injury" to a co -"employee" of the <br />person driving the equipment; or <br />b. "Property damage" to property owned by, <br />rented to, in the charge of or occupied by you <br />or the employer of any person who is an <br />insured under this provision. <br />S. Nonowned Watercraft <br />With respect to watercraft you do not own that is <br />less than 51 feet long and is not being used to <br />carry persons for a charge, any person is an <br />insured while operating such watercraft with your <br />permission. Any other person or organization <br />responsible for the conduct of such person is also <br />an insured, but only with respect to liability arising <br />out of the operation of the watercraft, and only if <br />no other insurance of any kind is available to that <br />person or organization for this liability. <br />However, no person or organization Is an insured <br />with rasped to: <br />a. "Bodily injury" to a co -"employee" of the <br />person operating the watercraft, or <br />b. "Property damage" to property owned by, <br />rented to, in the charge of or occupied by you <br />or the employer of any person who is an <br />insured under this provision. <br />Form EH 00 02 06 05 <br />G. Additional Insureds When Required By Written <br />Contract, Written Agreement Or Permit <br />The following person(s) or organization(s) are an <br />additional insured when you have agreed, in a <br />written contract, written agreement or because of <br />a permit issued by a state or political subdivision, <br />that such person or organization be added as an <br />additional insured on your policy, provided the <br />injury or damage occurs subsequent to the <br />execution of the contract agreement. <br />A person or organization is an additional insured <br />under this provision only for that period of time <br />required by the contract or agreement. <br />However, no such person or organization is an <br />insured under this provision if such person or <br />organization is included as an insured by an <br />endorsement issued by us and made part of this <br />Coverage Part. <br />a. Vendors <br />Any person(s) or organization(s) (referred to <br />below as vendor), but only with respect to <br />"bodily injury" or "property damage" arising out <br />of "your products" which are distributed or sold <br />in the regular course of the vendor's business; <br />and only if this Coverage Part provides <br />coverage for "bodily injury" or "properly <br />damage" included within the "products - <br />completed operations hazard". <br />(1) The insurance afforded the vendor is <br />subject to the following additional <br />exclusions: <br />This insurance does not apply to: <br />(a) "Bodily injury' or "property damage" <br />for which the vendor is obligated to <br />pay damages by reason of the <br />assumption of liability in a contract or <br />agreement. This exclusion does not <br />apply to liability for damages that the <br />vendor would have in the absence of <br />the contract or agreement; <br />(b) Any express warranty unauthorized <br />by you; <br />(c) Any physical or chemical change in <br />the product made intentionally by the <br />vendor; <br />(d) Repackaging except when unpacked <br />solely for the purpose of inspection <br />demonstration, testing, or '(he <br />substitution of parts under instructions <br />from the manufacturer, and then <br />repackaged in the original container, <br />(a) Any failure to make such inspections. <br />adjustments, <br />vendor has <br />Rielt MRwgnnort Dh i"lan <br />' SrBEVIEY/EO6/�PVRO MBr. <br />®' Risk Management Spetlakst <br />01 <br />rage 1a tar&a <br />