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PLACER LABS, INC. (2)
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PLACER LABS, INC. (2)
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Last modified
4/29/2025 8:37:18 AM
Creation date
4/29/2025 8:36:36 AM
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Contracts
Company Name
PLACER LABS, INC.
Contract #
N-2025-098
Agency
Parks, Recreation, & Community Services
Expiration Date
1/23/2027
Insurance Exp Date
7/1/2025
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CNA <br /> Technology General Liability Extension Indorsement <br /> The Named Insured's rights under this Coverage part will not be prejudiced if the Named Insured Falls to <br /> give the Insurer notice of an occurrence, offense or claim and that failure Is solely due to the Named <br /> Insured's reasonable belief that the bodily injury or property damage Is not covered under this Coverage <br /> Part. However, the Named Insured shall give written notice of such occurrence, offense or claim to the <br /> Insurer as soon as the Named Insured Is aware that this Insurance may apply to such occurrence, offense <br /> or Claim. <br /> v. BROAD NAMED INSURED <br /> WHO IS AN INSURED is amended to delete Its Paragraph 3. In its entirety and replace It with the following: <br /> 3. Pursuant to the Ilmltations described in Paragraph 4. below, any orgsnizstlon In which a Named Insured has <br /> management control: <br /> a. on the effective date of this Coverage Part;or <br /> b. by reason of a Named Insured creating or acquiring the organization during the policy period, <br /> qualifies as a Named Insured, provided that there Is no other similar liability insurance, whether primary, <br /> contributory, excess, contingent or otherwise, which provides coverage to such organization, or which would <br /> have provided coverage but for the exhaustion of Its limit, and without regard to whether its coverage is <br /> broader or narrower than that provided by this Insurance. <br /> But this BROAD NAMED INSURED provision does not apply to: <br /> (a) any partnership or Joint venture;or <br /> (b) any organization for which coverage is excluded by another endorsement attached to this Coverage <br /> Part. <br /> For the purpose of this provision, and of this endorsement's JOINT VENTURES/PARTNERSHIP I LIMITED <br /> LIABILITY COMPANIES provision, management control means: <br /> A. owning interests representing more than 50% of the voting, appointment or designation power for the <br /> selection of a majority of the Board of Directors of a corporation, or the members of the management <br /> board of a limited Ilablllty ,company; or <br /> B. having the right, pursuant to a written trust agreement, to protect, control the use of, encumber or <br /> transfer or sell property held by a trust. <br /> 4. With respect to organizations which qualify as Named Insureds by virtue of Paragraph 3. above, this <br /> Insurance does not apply to: <br /> a. bodily injury at property damage that first occurred prior to the date of management control, or that <br /> first occurs after management control ceases; nor <br /> b. personal or advertising Injury caused by an offense that first occurred prior to the date of <br /> management control or that first occurs after management control ceases. <br /> S. The Insurance provided by this Coverage Fart applies to Named Insureds when trading under their own <br /> names or under such other trading names or doing-business-as names(dba) as any Named insured should <br /> choose to employ. <br /> 6. ESTATES, LEGAL REPRESENTATIVES,AND SPOUSES <br /> The estates, heirs, legal representatives and spouses of any natural person Insured shall also be Insured under <br /> this policy; provided, however, coverage is afforded to such estates, heirs, legal representatives, and spouses <br /> only for claims arising soiefy out of their capacity or status as such and, in the case of a spouse, where such <br /> claim seeks damages from marital community property, jointly held property or property transferred from such <br /> natural person Insured to such spouse. No coverage Is{provided for any act,error or omission of an estate, heir, <br /> legal representative, or spouso outside the scope of such person's capacity or status as such, provided however <br /> CNA74872XX(1-16) - Policy No: <br /> Page 6 of 14 Endorsement No: <br /> Effective Date: <br /> Insured Name: <br /> Copyright CNAAII Rights Reserved. Inc]Wes copyrighted material of insurance Services office,Inc.,with Its pormiesion, <br /> 03035406 34-25 All Lines EW 45M KX01JAa WC O'f2 O'f3 UN plaXOVIO Karl iredd I p y I la/Y6/203A 10.30:47 AM (POT) I Page 7 of 1'! <br /> This ae ificate canoes and ovperoedes ALE. pxavioualy issued cer ifzp�tgg. <br /> I <br />
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