COMPULINK MANAGEMENT CENTER INC 3 - 2004

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I • Newly acquired or formed organizations. Any organization, other than a partnership, joint venture, or limited liability company, that you acquire or form while this agreement is in effect is a protected person if you own more than 5096 of it. However, no newly acquired or formed organization is a protected person for: • more than the remainder of the time this agreement is in effect, beginning with the date that you acquired or formed it; • bodily injury or property damage that happened before you acquired or formed i t; • personal injury or advertising injury that results from an offense committed before you acquired or formed it; or • injury or damage that's covered by other similar general Liability insurance. Separation of protected persons. We'll apply this agreement separately to each protected person. Also, any right or duty specifically assigned to the first named insured remains unchanged. We explain those rights and duties in the General Rules, which is a part of your policy. However, the limits of coverage shown in the Coverage Summary are shared by ell protected persons. We explain how in the Limits Of Coverage section. ~~ ~~ limits Of Coverage `~, ~ the limits shown in the Coverage Summary '~ and the information contained in this section =~ fix the most we'll pay as damages and \:' medical expenses, regardless of the number '~. of: • protected persons; • claims made or suits brought; or • persons or organizations making claims or bringing suits. r~ ~J General local limit This is the most we'll pay for the combined total of: • all covered bodily injury, property damage, and premises damage that happens in a policy year; '~StFBuI • all covered personal injury that's caused by all personal injury offenses committed in a policy year; • all covered advertising injury that's caused by all advertising injury offenses committed in a policy year; and • all covered medical expenses that result from all events which happen in a policy year. However, this limit won't apply to bodily injury or property damage that results from your products or completed work. Instead, the products and completed work total limit applies to such bodily injury or property damage covered by this agreement. POiity yeas means the policy period shown in the Introduction, or the period of time that this agreement is in effect, whichever is less. But when that period is longer than one year, it means each consecutive annual period, and the remaining period if any, that this agreement is in effect, starting with the beginning date of this agreement. We explain the products and completed work total limit, and what we mean by your products and your completed work, In the Products and completed work total limit section. Products and completed work total limit. This is the most we'll pay for all covered bodily injury and property damage that: • results from your products and completed work; end • happens in a policy year. Your products means any of the goods or products that are or were manufactured, sold, handled, distributed, or disposed of by: • you; • others using your name; or • any person or organization whose business or assets you've acquired. Vour products includes: • all containers, equipment, materials, or parts provided with or for your products; • any warranty provided with or for your products; • any statement made, or which should have been made, about the durability, fitness, handling, maintenance, operation, d7150 Rev. 1-96 Printed in U.S.A. Insuring Agreement Page 9 of 23 ~,c, v„~~i Pire and Marine Insurance Co.1996 All Rights Reserved