WALNUT STREET S.A., U.S.A., LLC 1A

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complete insurance 8/30/2006 3:00 PAGE 004/009 Fax Serv.;r (b) Your ongoing operations performed for that insured; and (c) Their financial control of you; and (d) The maintenance, operation or use by you of equipment leased to you by such person or organization, and provided such liability does not arise out of the sole negligence of such person or organization; and (e) Operations performed by you or on Your behalf and for which such state or political subdivision has issued a permit, provided such operations are not performed for such state or pol- ideal subdivision. (2) This insurance does not apply to any bodily Injury; Property damage, personal and advertising injury, occurrence, or of- fense: (a) Which took place before the exe- cution of, or subsequent to the completion or expiration of, the written Insured contract; (b) Which takes place after you cease to be a rendm in that premises; (c) Which takes place after all work in- cluding materiels, parts or equip- ment famished in connection with such work to be performed by or an behalf of the additional insured at the site of the covered operations has been completed; or (d) Which takes place after that portion of your work out of which the injury or damage arises has been put to its intended use by any person or or- ganization other than another con- tractor or subcontractor engaged in performing operations for a princi- pal as part of the same project. (3) With respect to architects, engineers, or surveyors, coverage does not apply to bodily Injury, property damage, or personal and advertising Injury arising out of the rending of or the failure to render any professional services by or for you including: M711$ IaO15 (a) The preparing, approvin„ or lhrlmg to prepare or approve, naps, shop drawings, opinions_ reports, surveys, field orders, change orders, or drawings and specifications; and (b) Supervisory, inspection. architec- tural, or engineering actr itics. However, if an Additional Insured endorse- ment is attached to this policy that specifically names a person or organization as an insured, then this subsection 2.e. does not apply to that person or organization, 3. Additional Insured - Venders - Blanket Unless the products -completed operanon, hazard is excluded from this policy, SECTION 11 Wit() IS AN INSURED, item 21. is added V follows. Any vendor of yours but only with respect to bodily injury car property damage arising out of your products which are manufactured m whole or in part in the United States (includ- ing its territories and possessions), Puerto Rico and Canada, and which are distributed or sold in the regular course of the vendor's business, subject to the following additional excltrsions: (1) The insurance afforded the vandur does not apply to: (a) Bodily Injury Or property damage for which the vendor is obligates to pay damages by reason of the assump- tion of liability in a contact or agreement. This exclusion does not apply to liability for damages that the vendor would have in the ab- sence of the contract or a g-cement. (b) Any express warranty unauthorized by you; (c) Any physical or chemical change in the product made intentionally by the vendor; (d) Repuckaging, unless unpacked solely for the purpose of inspection, dem- onstration, testing, or the subsn- tution of parts under instructions from the manufacturer, and then no - packaged in the original amtainrr, Page 2 of 6