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These payments will not reduce the limits of insurance. SECTION II -WHO IS AN INSURED If you are designated in the Declarations as: 1. An individual, you and your spouse are insureds, but only with respect to the conduct of a business of which you are sole owner. 2. A partnership or joint venture, you are an insured. Your members, your partners and their spouses are also insureds, but only with respect to the conduct of your business. 3. A limited liability company, you are an insured. Your members are also insureds, but only with respect to the conduct of your business. Your managers are insureds, but only with respect to their duties as your managers. 4. A trust, you are an insured. Your trustees are also insureds, but only with respect to their duties as trustees. S. An organization other than a partnership, joint venture, limited liability company or trust you are an insured. Your executive officers and directors are insureds, but only with respect to their duties as your officers or directors. Your stockholders are also insureds, but only with respect to their liability as stockholders. 6. Your employees are insureds but only for acts within the scope of their employment by you or while per- forming duties related to the conduct of your business. 7. A trust, you are an insured. Your trustees are also insureds, but only with respect to their duties as trustees. 8. Your "volunteer workers" and your employees are insureds but only for acts within the scope of their employment for you or while performing duties related to the conduct of your business. SECTION III - LIMITS OF INSURANCE 1. The Limits of Insurance shown in the Schedule of this Coverage Part and the rules belowfix the most we will pay regardless of the number of: a. Insureds; b. "Claims" made or "suits" brought; or c. Persons or organizations making "claims" or bringing "suits." 2. The Aggregate Limit is the most we will pay for all "damages" because of an "error or omission" under this insurance regardless of the number of "claims" 3. Subject to the Aggregate Limit, the Each Claim Limit is the most we will pay for all "damages" arising out of any one "claim." The Limits of Insurance of this Coverage Part apply separately to each consecutive annual period and to any remaining period of less than twelve (12) months, starting with the beginning of the policy period shown in the Declarations, unless the policy period is extended after issuance for an additional period of less than twelve (12) months. In that case, the additional period will be deemed part of the last preceding period for purposes of determining the Limits of Insurance. ��,�Iae�� s�a•C�LE�� NOS GLS-172s (6-14) Page 6 of 10