PACIFIC ADVANCED CIVIL ENGINEERING INC. (PACE) - 2008

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Auvi94OID FBLOW 9VFLDYM ED CL jBION EXCLUSION 5 - FELLOW EMPLOYEE - of SECTION II - LIABILITY COVERAGE does not appy if you have workers' compensation irisurance in -force covering all of your "empbyee5 . Coverage is exp over any other colleclitiie insurance. 4 HRR3 AUTO PHYSICAL DArAAGE COVERAGE If hired ••autos" are covered "autos" for Liabiily Coverage and if Comprehensive, Specified Causes of Loss, or Collision coverages are provided wider this Coverage Fern for any 'auto' you own, than the Physical Damage Coverages provided are extended to "autos"you hire or borrow, subject to the following IimiL The most we will pay for "loss" to any hired "auto' is: (1) $50.000; (2) The actual rash value of the damaged or stolen Property at the time of the "loss"; or (3) or replacing the damaged or stolen property, whichever is smallest minus a deductible. The deductilole will be equal to the largest deductible applicable to any owned "auto•' for that coverage. No deducible applies to "loss" caused by fire or lightning. Heed Aum Physical Damage coverage is excess over any other collectible insurance. Subject to the above knit deductible and excess provisions, we will provide coverage equal to the broadest coverage applicable to any covered ' auto" you own - We vA also cover loss of use of the hired "auto' if it results from an "accidenC,you ane legally cable and the lessor incurs an actual financial toss. subject to a maxnmum or $1000 per "accidenP'. This extension of coverage does riot apply to any "auto" you hire from any of your "errmpbyees", partners (if you are a partnership), members (if you are a linked liability company), or members of their households. S. 121- L DAMAGE -A )DFFIONAL THYPORARY TRANSPOREAM N EXPE34 E COVERAGE Paragraph A4 of SECTION iII - PHYSICAL DAMAGE COVERAGE is amended to provided a limit of $50 per day and a meximurn limit of $1000. 6. LEASE GAP COVERAGE Under SECTION III - PHYSICAL DAMAGE COVERAGE, if a long-term leased "autd' is a covered ' aulo" and the lessor is named as an A xIdi tbnal Insured Lessor, we will pay in the event of a Dotal "lose' your additional legal obligation to the lessor for any difference between the actual cash value of the "auto. at the time of the "loss" and the "outstanding belanoe" of the lease. "Outstanding balance' means the amount you owe on the lease at tlhe time of "loss" less any amounts representing taxes; overdue payrnents; penalties, additional charges resulting from overdue payments; mileage dhuges: excess wear and tear charges; lease termination fees. 7. AFiBAG OOVERAGE Under Paragraph B. EXCLUSIONS - of SECTION IiI - PHYSICAL DAMAGE COVERAGE, the toiowing is added: The exclusion relating to mechanical breakdown does riot appy to the accidental discharge of an airbag. EL SCXA14D RECERANG COVERAGETR�gNM 3ITNC BC�lIpN6VT Paragraphs B_4.c. & d. - EXCLUSIONS - of SECTION III - PHYSICAL DAMAGE COVERAGE do not appy to equipment designed solely for receiving or transmitting sound and accessories used with such equipment provided such equipment is permanency installed in the covered "auto• at the tine of the "loss" or such equipment is rarnovabfe from a housing unit which is permanently installed in the covered "auto" at the time of the "loss", and such equipment is designed to be solely operated elect ial system, use of the power flon the "auto's" or upon covered 'auto` s 9 E7QRA EXQ9PSE - OOV1 RAGE UnderPHYSICAL DAMAGE COVERAGE, we wiIIpay fbr ��N the expense of returning a stolen covered "auto" to you. 10L GLASS FiE112AR-WAIVEROFnFrnICTIE E Under Paragraph D - DEDUCTIBLE - of SECTION III - PHYSICAL DAMAGE COVERAGE, the 1oilOv4ng is added: No deductble applies to glass damage if the glass is repaied rather than replaced. Fan. HA 99 16 12 99 P1119e2o11`3