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This insurance does not apply to: <br />1. Any premises or equipment leased to you. <br />2. Any construction, renovation, demolition or installation operations performed by or on behalF of you, or chose <br />operating on your behalf. <br />D. Outer Insurance <br />The insurance provided by this endorsement applies only [o coverages and limits o£ insurance required by written <br />agreement, but in no event exceeds either the scope of coverage or the limits of insurance available within this policy. <br />This insurance shall be excess over any other insurance available [o the additional insured, whether such insurance is <br />on an excess, contingent or primary basis, unless you are obligated under a written agreement m provide liability <br />insurance for that additional insured on any other basis. In that event, this policy will apply solely on [he basis <br />required by such written agreement. <br />To the extent that [he additional insured has the right to pursue any other insurance carrier For coverage, including a <br />defense, we shall share that right with the additional insured. <br />Item 14. -ADDITIONAL INSURED STATE, MUNICIPALITY OR POLITICAL SUBDIVISION -PERMITS <br />Section II Who Is An Insured is amended to include as an additional insured any state, municipality or political <br />subdivision wi$t re spec[ [o any operations performed by you, or on your behalF, for which [he sia[e, municipality or <br />political subdivision has issued a permit <br />However, this insurance does not apply to: <br />1. "Bodily injury," "property damage" or "personal and advertising injury" arising out of operations <br />performed For the state, municipality or political subdivision; or <br />2. Any "bodily injury" or "property damage" included within the "products-completed operations hazard", <br />except when required by written contract or agreement initiated prior to loss; or <br />3. Bodily injury, property damage or personal and advertising injury, unless negligently caused, in <br />whole or in part, by you or those acting on your behalF. <br />Item 15. -ADDITIONAL INSURED AND WAIVER OF SUBROGATION LESSOR OF LEASED EQUIPMENT <br />A. Section II -Who Is An Insured is amended to include as an additional insured any person or orgaruzadon From <br />whom you lease equipment when you and such person or organization have agreed in a written agreement [hat such <br />person or organization be added as an additional insured on your policy. Such person or organization is an insured <br />only with respect [o liability For "bodily injury", "property damage" or "personal and advertising injury" caused, in <br />whole or in part, by your maintenance, operation or use of equipment leased [o you by such person or organization. <br />There is no coverage For the additional insured for bodily injury property damage or personal and advertising <br />injury arising out of the sole negligence of the additional insured or by those acting on behalf of the additional <br />insured- <br />A persons or organizations status as an additional insured under this endorsement ends when the agreement with <br />you for such leased equipment ends. <br />B. Waiver of Subrogation <br />For any additional insured that obtains insured status on this policy through pazagraph A., above, we waive any right <br />of recovery we may have against the additional insured because of payments we make for "bodily injury", "property <br />damage" or "personal and advertising injury" caused, in whole or in pazt, by your maintenance, operation or use of <br />equipment leased to you by such person or organization. <br />C. Outer Insurance <br />LG 32 37 09 07 <br />Page 7 of 9