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THIRDWAVE CORPORATION (2) - 2016
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THIRDWAVE CORPORATION (2) - 2016
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Last modified
6/9/2017 2:29:11 PM
Creation date
5/10/2016 10:17:13 AM
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Contracts
Company Name
THIRDWAVE CORPORATION
Contract #
A-2016-053
Agency
PUBLIC WORKS
Council Approval Date
4/5/2016
Expiration Date
6/30/2017
Insurance Exp Date
10/24/2017
Destruction Year
0
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item c.will not apply to(1)any occurrence which takes place after the equipment lease <br />expires-, nr (2) "Bodily Injury" or "Property Damage" arising out of the negligence of the <br />lessor orcontractor engaged tooperate the leased equipment; and <br />any owner, mortgagor, lessor, landlord, condominium association or manager of a <br />pn*miooa|oaeadbyyou.buton|yfor^ouuunnnuen^thettekap|aoowhi|oyou000upythe <br />pn*miaoa, provided however that this item d. will not apply to structural a|Uamiione, new <br />construction, ordemolition operations; and <br />With regard <oparties applicable under items a.through d.above, the Insurer and the Named <br />Insured agree to waive rights of recovery, as provided within the policy. <br />Nothing contained inthis section C.shall serve tonullify matters excluded under section B.ofthe <br />4. Bodily Injury - Mental Anguish <br />The definition of "bodily injury" is changed to read: <br />"Bodily Injury": <br />o. Means bodily injury, sickness or disease sustained by pereon, and includes mental anguish <br />resulting from any ofthese; and <br />b. Except for mental anguiah, includes death resulting from the foregoing (hum a. above) at any <br />time. <br />5. Liberalization <br />If we revise this endorsement to provide more coverage without additional premium charge, we will <br />automatically provide the additional coverage to all endorsement holders as of the day the revision is <br />effective in your state. <br />8. Employee Indemnification Defense Coverage <br />Under SUPPLEMENTARY PAYMENTS — COVERAGES A.i.d,the following inadded: <br />(0)VVewill pay onyour behalf defense costs incurred by an "employee" in a criminal proceeding, <br />provided.howaver(hetyoumuathevoaphorwrittenagnaomo/twhheuch^employeo^ <br />whereby you agree to indemnify the "employee" for such defense costs, and the agreement <br />includes a provision for repayment of defense costs in the event of an adverse judgment, The <br />most we will pay for any "employee" who is alleged to be directly involved in a criminal <br />proceeding is $2.50Uregardless ofthe number nfemployees, claims or"ouita"brought or <br />persons ororganizations making claims orbringing "auite." <br />7. Amendment ofAggregate Limit <br />SECTION DA. — Aggregate Limits, item B is replaced by: <br />b. All other injury nrdamage, including medical expenses, arising from all "occunancoa"during <br />the policy period is three times the Liability and Medical Expenses limit. This limitation does <br />notapp|yto''propertydamage''topn*miaoawhi|emn0mdhoyouortemponori|yoocupiedby <br />you with permission ofthe owner, arising out offire orexplosion. <br />D. Amendment bzWatercraft Exclusion <br />Part B - Exclusions, item g.(2)(a)isamended bythe following: <br />The phrase "less than 26 feet" is replaced by"less than 51 feet." <br />Page 4of5 <br />
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