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Insured GORES N-C HOLDINGS, LLC Policy Number (12)7355-87-29 Policy Period SEPTEMBER 1, 2012 TO SEPTEMBER 1, 2013 COMMERCIAL AUTOINIOBILE THIS ENDORSENIENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMMERCIAL AUTOMOBILE BROAD FORM ENDORSEMENT This endorsement modifies insurance provided under the fallowing: BUSINESS AUTO COVERAGE FORM This endorsement modifies the Business Auto Coverage Form. L EXTENDED CANCELLATION COMMON Paragraph A.2.b. - CANCELLKnON - of the COMMON POLICY CONDITIONS forin IL 00 17 is deleted and replaced with the following: b. tit) davs before the effective date of cancellation if we cancel for arrv other reason. 2. BROAD FORM I1SU,RED A. Subsidiaries and Newly Acquired or Fornned Or&ranizatinns:As Insureds The Named Insured shown in the Declarations is amended to include: I. Any legally incorporated subsidiary in which you own more than W3434 of the voting stack on the effective slate of the C;overrape Dorm. However, the Named Insured dines not include anv subsidiarv that is art 'Insured' under any other automobile= policy or would be an 'Insured" under such a policy but for its terrnination or the exhaustion of its Limit of Insurance. 2. Any urgatdzation that is acquired or forincd by you and over which you maintain majority ownership. However, the Narn ied Insured does not include any newly fornied or acquired organization: (a) That is an "insured" under any other automobile policy, (b) That has exhattted its Litnait of Insurance under any other policy-, or (c) 180 days or more after its acquisition or fora-nixsn by you, unless you have given us written notice of the acquiisitfon or formation. Coverage does not apply to "bodily irnjury" or "property damage" that results from an accident" that occurred before you fortned or acquired the organization. B. Employees as Insureds Paragraph A.I. -WHO IS AN INSURED -of SECTION If - LIABILITY COVERAGE is amended to add the following: d. Any "employee" of yours while using a covered "auto" you don't own, hire or borrow in your business or your personal affairs. C. Lessors as Insureds- Paragraph A. 1. -WHO IS AN INSURED --of SECTION 11 - LIABILITY COVERAGE is amended to acid the following: e. The lessor of a covered "auto" while the "auto" is leased to you under a written agreement if. (I) The agreement requires you to provide direct primary insurance for the lessor: and t2) The "auto" is leased without a driver. Such leased auto" will be considered a covered auto" you own and not a covered "duns" you hire. However, the lessor is ern 'Insured" only for "bodily injury* or "property dan%:ve" resulting from the acts or omissions by: L You; 2. Any of your "employees"or agents; or 3. Any person. ext:ept the lessor or any "employee. or agent of the lessor, raperatingan "antra" with the permission of any of 1, and/or 2. above. 1}. Persons And f:lr anizatiuris As I7sureds Under A Written Instired Contract Paragraph A.I -WHO IS AN INSURZED -of SECTION 11 -LIABILITY C okF.RAGE' is ainended to add the fullowwing: f. Any person or organization with respect to the olx_:ration, rnuiinteinaricc or use of o covered "auto", provided that yoki and such person or orgatirration hove agrued kinder an express provision in a written insured contract", +,w•ritien agreeitwat r?r a written permit issued to You by a govertnnx>ntal or public authority to add such person (it organization to this poIk__, as an insured". However, such person rnr orr(,aniration is are itnsur!"only: Form: I6-02-0292 (E& 9-10) Page I of 41 "Includes copyrighted material of Insurance Services Office. Inc. with its permission"