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"Unnamed Joint Venture" You are an insured for your participation in any past or present "unnamed joint venture". However, you are not an insured if the "unnamed joint venture' has: a. Direct employees; or b. Owns, rents, or leases any real or personal property. No other member or partner, or their spouses, of any past or present "unnamed joint venture' is an insured. 4. - The -following replaces SECTION III. LIMITS OF LIABILITY, 2. b.: . b. Will apply separately to the sum of all: (1) Damages because of "bodily injury' and "property damage', under SECTION I. COVERAGE, A. Liability above; and (2) Medical payments for "bodily injury', under SECTION 1. COVERAGE, B. Medical Payments above; arising out of each location listed in the Schedule of Premises or each of "your projects", and 5. The following replaces SECTION IV. CONDITIONS, 5. "Other Insurance", a. Primary Insurance, (2): (2) However, this insurance will be considered primary to, and nun - contributory with, "other insurance' issued directly to a person or organization added as an additional insured under SECTION IL WHO IS AN INSURED, 2: (a) Paragraph h. Certain Additional Insureds By Contract or Agreement or (b) Persons Or Organizations Required By Written Contract insurance'. This insurance will then be applied as primary insurance for damages for "bodily injury', "property damage", "personal injury' or "advertising injury" to which this insurance applies and that are incurred by such person or organization, and we will not share those damages with such "other insurance'. 6. The following is added to SECTION IV. 'CONDITIONS, 5. "Other Insurance", b. Excess Insurance: This insurance is excess over any "other insurance' whether primary, excess, contingent or on any other basis that is available to you for your participation in any past or present "unnamed joint venture". 7. The following is added to SECTION IV. CONDITIONS, 8. Transfer Of Rights of Recovery And Proceeds Against Others To Us: However, we waive any right of recovery and proceeds we may have against any person or organization that is added as an additional insured under the Paragraph Person Or Organization Required By Written Contract of SECTION II. WHO IS AN INSURED, 2.: a. Because of payments we make for "bodily injury", "property damage', "personal injury" or "advertising injury' arising out of "your work" in ongoing operations or included in the "products -completed operations hazard": and b. Performed under a written contract or agreement that is made before, and in effect when, the "bodily injury' or "property damage' occurs or the offense that causes the "personal injury' or "advertising injury" is committed; and c. You specifically agree in such written contract or agreement to waive those rights of recovery and proceeds for such person or organization. if you specifically agree, in that written 8• The following are contract or agreement, that this DEFINITIONS: insurance must be primary to, and non - Contributory with, such 'other CUBF 2,6 09 09 03 Includes copyrighted material of Insurance Services office with its permission. Copyright, Insurance Services office, Inc. 2001 added to SECTION V. Page 2 of 3