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Policy Number: PAS037514693 <br />Your subsidiaries, and subsidiaries of <br />cised for any purpose by you, <br />subsidiaries, are insureds if: <br />any of your "employees ", any <br />(1 ) They are legally incorporated anti- <br />partner or member (if you are a partnership or joint vent ire), or <br />ties, and <br />any member (if you are a limited <br />(2) You own more than 50% of the vot- <br />liability company). <br />ing stock in them as of the effective <br />dale Ur this policy. <br />b. Any person (other than your "employee'). <br />or any organization while acting as your <br />If such subsidiaries are not shown in the <br />real estate manager. <br />Declarations. you must report them to <br />us within S 80 days of the inception of <br />c' Any person or organization having proper <br />this policy. <br />temporary custody of your property if <br />you die, but only: <br />2. Each of the following is also an insured: <br />(1) With respect to liability arising out <br />a. Your "employees". other than either your <br />of the maintenance or use of that <br />"executive officers" (if you are an or- <br />property: and <br />ganization other than a partnership, joint <br />venture or limited liability company) or <br />(2) Until your legal representative has <br />your managers (if you are a limited li- <br />ability company), but only for acts within <br />d. Your legal representative if you die, but <br />the scope of their employment by you <br />only with respect to duties as such. That <br />or while performing duties related to <br />representative will have all your rights <br />the conduct of your business. However, <br />and duties under this Coverage Part. <br />none of these "employees" is an insured <br />for: <br />e. Any person or organization with whom <br />you agree, because of a written con - <br />(1) "Bodily injury" or "personal and ad- <br />- tract, to provide insurance such as is <br />vertising injury ": <br />afforded under this policy, but only with <br />(al you, t your partners or <br />respect to liability arising out of y - --r <br />operations, "your work" or facilities <br />m <br />members Ri f you are apartner- <br />owned or used by you. <br />ship or joint venture), to your <br />members lif you are a limited li- <br />This provision does not apply: <br />ability companyl, or to a co-"ern- <br />ployee" while that co- "employee' <br />(1) To any vendor, Concessionaire, les- <br />is either in the course of his or <br />sor of leased equipment, granter of <br />her employment or performing <br />a franchise, engineer, architect or <br />duties rotated to the conduct of <br />surveyor; or <br />your business: <br />(2) Unless the contract has been signed <br />cb) To the Spouse, Child, parent, <br />"ern- <br />prior to the date of "bodily injury ", <br />"property damage ", or "personal or <br />brother or sister of that co - <br />advertising injury , <br />ployee" as a consequence of <br />Paragraph (1)(ab above: <br />f. Any person or organization to whom you <br />(c) For which there is any obligation <br />are obligated by virtue of a written "in- <br />to share damages with or repay <br />sured contract' to provide insurance such <br />as is afforded by this policy, but only <br />someone else who must pay <br />damages because of the injury <br />with respect to liability arising out of the <br />described in Paragraphs Ma) or <br />ownership, maintenance, or use of that <br />part of any premises leased to you. This <br />(b) above; or <br />does not apply to: <br />(d) Arising out of his or her provid- <br />ing or failing to provide prof as- <br />(1 M Any "occurrence'' that takes place <br />sional health care services. <br />after you cease to be a tenant on <br />those premises. <br />(2) "Property damage" to property: <br />(2) Structural alterations, new construc- <br />(a) Owned, occupied or used by, tion or demolition operations per - <br />(b) Rented to, i„ the care, custody formed by or on behalf of such in- <br />or control of, or over which sured. <br />physical control is being exer- <br />mcl"ds -HYr got•d mad r•G o1 ' +fuane• 5pwC►a :;N c•. ., wnh rts P•rmsr e+ <br />[apynght in-4— S•ry c•s 71hc•. , 1991 <br />952001 Ed 4 -99 COer 9n�. 15 5. M.q .. +a cas -oma.•v, .. 1...d r ...l n..r and ravisi.ra Page 9 of 17 <br />