ECONOLITE TRAFFIC ENGINEERING 1 -2005

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.' Conditions Other Insurance (continued) PremlumAudit SeparaUonOfmsureds UabHity Insurance Form 80-02-20OCXRev. 4-01) General Liability Econolite Control Products, Inc. Econolite Trafffic Engineering & Maintenance, Inc. California Chassis, Inc. Policy #35818716 04/27/05 to 04/27/06 D. tliat is insuranc.:e: 1. provided to you by any person or organization working under contract or agreement for you: or 2. under which you arc included as an insured; or E. that is insurance under any Property section of this policy. When this insurance is excess, we will have no duty to defend the insured against any suit if any other insurer has a duty to defend such insured against such suit If no other insurer defends. we \vill wldcrtaketo do so, but we will be entitled to the insurcd'srights against alllhosc other insurers. When this insurance is excess over other insurance, we will pay only our $arc of the amount of loss, if any, that exceeds the sum of the total: amouUl that all other insurance would pay for loss in the absence of tllis insurance; and of all deductible and self insuredanlOunts under all other insurance. We will share the remaining loss, ifany, with any other insurance that is not described in this Excess Insurance provision and was not negutiated specifically to apply in cxccss of the LimitsOf Insurance shovm in the Declarations of this insurance. Method of Sharing If all oflhe nther insurance permits contribution by equal shares, we will follow this method also. Under this method each insurer contrihutesequal amounts until it ha.< paid its applicable limits of insurance or none of the loss remains, whichever comes nrst, If arlY of the other insurance does not permit contribution hy equal shares, we will contrihute hy IimiL.., Under this method, each insurer's.-marc is bas.ed on the ratio of its applicable limits of insurance to the tohtl applicable limits of insurance of all insurers, We will compute all premiums for this insurance in accordance with our rules and rates. In accordance \\1th lhe Estimated Premiumssl.->ction of me Pr~millm Summary, premiums shown with an asterisk (*) are estimated premiums and are subject to audit. In additioll to or in lieu of such designation in lhc Premiwn Summary. prcmiwns may be designated as estimate'" premiums elsewhere in this policy. In that case, these premiums will also be subject to audit, and the second paragraph of the Estimated Prernilllllsscction of the PrcmiumSwnmary wm apply. ExcepL WiUl respecL 10 the LimitsOflnsurance, and any CiglHs or dULiesspccificalLy assigned in this insurance lo tile lirstnamed insured, this insurance applim~: as ifeach named insured were the only named insured; and separately to each insured agaiIL'~t whom claim is made or suit is brought. .-\ ))Rt)\" LU !\.S TC \.J--:,c::~" /(:. //. ._1j ". .-....-.--. ;.:;.;i ~,,: It 1: L;i. Conlract Paae 23 of 32