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CNA GNA PARAMOUNT <br />Commercial General Liability Coverage Part <br />If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this <br />method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits <br />of insurance of all insurers. <br />5. Premium Audit <br />a. We will compute all premiums for this Coverage Part in accordance with our rules and rates. <br />b. Premium shown in this Coverage Part as advance premium is a deposit premium only. At the close of each audit <br />period we will compute the earned premium for that period and send notice to the First Named Insured. The due <br />date for audit and retrospective premiums is the date shown as the due date on the bill. If the sum of the advance <br />and audit premiums paid for the policy period is greater than the earned premium, we will return the excess to <br />the First Named Insured. <br />c. The First Named Insured must keep records of the information we need for premium computation, and send us <br />copies at such times as we may request. <br />6. Representations <br />By accepting this policy, you agree: <br />a. The statements in the Declarations are accurate and complete, <br />b. Those statements are based upon representations you made to us; and <br />c. We have issued this policy in reliance upon your representations. <br />7. Separation Of Insureds <br />Except with respect to the Limits of Insurance, and any rights or duties specifically assigned in this Coverage Part to <br />the First Named Insured, this insurance applies: <br />a. As if each Named Insured were the only Named Insured; and <br />b. Separately to each Insured against whom claim is made or suit is brought. <br />8. Transfer Of Rights Of Recovery Against Others To Us <br />If the Insured has rights to recover all or part of any payment we have made under this Coverage Part, those rights <br />are transferred to us. The Insured must do nothing after loss to impair them. At our request, the Insured will bring suit <br />or transfer those rights to us and help us enforce them. <br />9. When We Do Not Renew <br />sIf we decide not to renew this Coverage Part, we will mail or deliver to the First Named Insured shown in the <br />Declarations written notice of the nonrenewal not less than 30 days before the expiration date. <br />If notice is mailed, proof of mailing will be sufficient proof of notice. <br />SECTION V —DEFINITIONS <br />1. Advertisement means a notice that is broadcast or published to the general public or specific market segments about <br />your goods, products or services for the purpose of attracting customers or supporters. For the purposes of this <br />definition: <br />a. Notices that are published include material placed on the Internet or on similar electronic means of <br />communication; and <br />b. Regarding web sites, only that part of a web site that is about your goods, products or services for the purposes of <br />=_ attracting customers or supporters is considered an advertisement. <br />2. Auto means: <br />a. A land motor vehicle, trailer or semitrailer designed for travel on public roads, including any attached machinery or <br />equipment, or <br />C00001 04-13 Page 15 of 20 <br />Copyright Insurance Services Office, Inc., 2012 <br />