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Sent By:' ALLIED BROKERS; 949 4531244; Jul -26 -07 9:27; rage w BUSINESS LIABILITY COVERAGE FORM Form ss oo oti 04 65 Page 11 of 24 (b) Rented to, In the care, custody or b, Coverage under this provision does not • control of,. or over which physical apply to: control is being exercised for any (1) "Bodily injury" or "property damage" purpose by you, any of your that occurred; or "employees", "volunteer workers ", any partner of member (if you are (2) "Personal and advertising injury" a partnership or joint venture), or arising out of an offense committed any member (i( you are a limited before you acquired of formed the liability company), organization. b, Real Estate Manager, 4. Operator Of Mobile Equipment Any person (other than your "employee'' or With respect to "motile equipment' registered in d "volunteer worker"), or any organization your name under any motor vehicle registration m while acting as your real estate manager, law, any person is an insured while driving such c. Temporary Custodians Of Your equipment along a public highway with your property permission. Any other person or organization Any person or organization having proper responsible for the conduct of such person is o temporary custody of :your property if you also an insured, but only with respect to liability but only: arising out of the operation of the equipment, and w no Mdie, only if other insurance nce of any s available ry (1) With respect to liability arising out of the to that person or organization for this liability. maintenance or use of that property; and However, no person or organization is an insured N (2) Until your legal representative has Witt) respect to; o been appointed. a. "Bodily Injury" to a co- "employee" of the o d, Legal Representative if You Die person driving the equipment; or M Your legal representative if you die, but D. "Property damage', to property owned by, ottly with respect to duties as such. That rented to, in the charge of or occupied by an representative wHi have all your rights and you or the employer of any person who is duties under this insurance, an insured under this provision, e, Unnamed Subsidiary S. Operator of Nonowned Watercraft Any subsidiary and subsidiary thereof, of VAth respect to watercraft you do not own that 40o yours which is a legally incorporated entity is less than 51 feet long and Is not being used of which you own a financial interest of to carry persons for a charge, any person is an more than 50% of the voting stock on the insured while operating such watercraft with -- effective pate of this Coverage Part. your permission. Any other person or JIM The insurance afforded herein for any organization responsible for the conduct of subsidiary not shown In the Declarations such person Is also an insured, but only with ..w. as a named insured does not apply to respect to liability arising out of the operation injury or damage with respect to which an of the watercraft, and only If no other insured under this Insurance is also an insurance of any kind is available to that insured under another policy or would be person or organization far this liability, an insured under such policy but for its However, no person or organization is an 'E termination or upon the exhaustion of its insured with respect to limits of insurance a. "Bodily injury" to a co- "employee" of the C 3. Newly Acquired Or Formed Organization person operating the watercraft; or Any organization you newly acquire or form, b• "Property damage" to property owned by, other than a partnership, joint venture or rented to, In the charge of or occupied by limited 118bility company, and over which you you or the employer of any person who is maintain - financial interest of more than 50% of an insured under this provision. =111111 the voting stock; will qualify as a Named 6. Additional Insureds When Required By insured.if there is no other similar insurance Written Contract, Written Agreement Or —` available to that organizaticin. However; Permit a. Coverage under this provision Is afforded The person(s) or organization(s) identified in only unlit the 180th day after you acquire Paragraphs a. through f, below are additional or form the organization or the end. of (he insureds when you have agreed, in a written policy period, whichever is earlier; and , Form ss oo oti 04 65 Page 11 of 24