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b. The following is added to Paragraph b.(1) in Paragraph 4. Other Insurance of Section IV— <br /> Commercial General Liability Conditions: <br /> This insurance is excess over any of the other valid and collectible insurance available to the <br /> insured for use of, or responsibility for use of, a watercraft covered by this policy, whether such <br /> insurance is primary, excess, contingent or on any other basis. <br /> 6. Newly Acquired or Formed Organizations <br /> The following replaces Paragraph 3.a. of Section II—Who Is An Insured: <br /> a. Coverage under this provision is afforded only until the end of the policy period; <br /> C. Section III— Limits of Insurance—Aggregate Limit Per Location <br /> The following is added to Paragraph 2. of Section III— Limits Of Insurance: <br /> The General Aggregate Limit applies separately to each "location" of yours. As used in this provision, <br /> "location" means premises you own, rent or lease involving the same or connecting lots, or whose <br /> connection is interrupted only by a street, roadway, waterway or right-of-way of a railroad. <br /> D. Section IV—Commercial General Liability Conditions <br /> 1. Duties in the Event of Occurrence, Offense, Claim or Suit <br /> The following is added to Paragraph 2. Duties In The Event Of Occurrence,Offense, Claim Or Suit <br /> of Section IV—Commercial General Liability Conditions: <br /> The requirements that you must notify us of an "occurrence", offense, claim or"suit", or send us <br /> documents concerning a claim or"suit", apply only if the"occurrence", offense, claim or"suit" is known <br /> to: <br /> (1) You, if you are an individual; <br /> (2) A partner, if you are a partnership; <br /> (3) An"executive officer"or insurance or risk manager, if you are a corporation; or <br /> (4) A manager, if you are a limited liability company. <br /> The requirement that you must notify us as soon as practicable of an "occurrence"or an offense that <br /> may result in a claim does not apply if you report the"occurrence" or offense to your workers' <br /> compensation insurer and that"occurrence"or offense later develops into a liability claim for which <br /> coverage is provided by this policy. But as soon as you become aware that an "occurrence"or offense is <br /> a liability claim rather than a workers' compensation claim, you must comply with all parts of Paragraph <br /> 2. Duties In The Event Of Occurrence, Offense, Claim Or Suit of Section IV—Commercial General <br /> Liability Conditions. <br /> 2. Waiver of Subrogation When Required by Written Contract or Agreement <br /> The following is added to Paragraph 8.Transfer of Rights of Recovery Against Others to Us of <br /> Section IV—Commercial General Liability Conditions: <br /> We will waive any right of recovery we may have against any person or organization because of <br /> payments we make for injury or damage arising out of your ongoing operations or"your work" included <br /> within the"products-completed operations hazard" if the operations or work is done under a written <br /> contract or agreement with that person or organization, but only if the contract or agreement is executed <br /> before the"bodily injury" or"property damage" occurs and requires you to waive your rights of recovery. <br /> E. Section V—Definitions <br /> 1. Bodily Injury—Includes Mental Anguish <br /> The following is added to Paragraph 3. of Section V—Definitions: <br /> "Bodily injury" includes mental anguish resulting from bodily injury, sickness, or disease sustained by a <br /> person at any time. <br /> 2. Coverage Territory—Worldwide <br /> The following replaces Paragraph 4. of Section V—Definitions: <br /> 4. "Coverage territory" means anywhere other than a country or jurisdiction th .°^-��6 1� Ms�D <br /> other economic sanction or embargo by the United States of America. But f REVIEWED&APPROV®BY: <br /> ti4� �a oA 1144 Acw4to <br /> Risk Management Specialist <br /> VCG 207 06 18 Includes copyrighted material of Insurance Services Office,Inc.,with its pern/ <br /> Copyright 2017, <br /> Page 18 of 19 FJVV55XG <br />