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Named Insured: Nichols Consulting Engineers, CHTD <br />1-his endorsement modifies insurance provid6id Under' the tollow.1no." <br />BUSINESS AUMCOVERAGE-FORM <br />A. 0roadFarm NAmedInsured <br />'The following is added to.. the SECTION.11 — <br />LIABILITY Coverage,: Paragraph-A.I. Who Is -An <br />Insured Provision: <br />Anybusiness entity newly.acqUired or formed by you <br />during the policy perie-d, provided. you. own fifty <br />percent (50%) or more of the business entity and the <br />business entity, is not separately insured: for <br />Business. AiAo Coverage: Goverage is extended up <br />to a: maximum :of one hundred eighty (.1.80:Y days <br />following, the acquisition. or formation of the business <br />entity. <br />Thi.a provision;. does- not. apply to any person. or. <br />.orQanization for which coverage is excluded by., <br />en dmernent. <br />B. Employees As Insureds <br />The, following is: added to the SECTION 1.1 — <br />LIABILITY O.QVE KA-GE, Fdragraph A.I. Who It A" <br />Insured Provision: <br />.Any "employee" of yours it an "insured" while using <br />;P, covered - "auto" you don't. own., hire Or Ocirrow in <br />your bLpine.5s or your Personal W. gffa rs. <br />C. E311prikitt'Addlitional lu.sur.64 <br />`Th(following is added to thO. SECTION...11. — <br />LIABILITY COVERAGE, Faragrqp.h -A. 1. Who: It. An <br />Insured Rrovision: <br />Any persiori or oF10ailization that you are, required to <br />include as an additional insured on :this cover -age <br />form in a contract or agreement that is executed by <br />you b0fore the 1odily injury" or 'property damage" <br />or,purs is an 'insured". for 100flity- coverage, but only <br />for damages to which this insurance appliesand <br />otity W the. exlienl. LhaL penaorj or uryo.rifzal.ioli <br />qualifies. �s an 10_fired" under the,.Mn o 19 A <br />Insured. provision- contained- in SECT[.ON 11 — <br />LIAE11LITY COVERAGE. <br />I tie insurance provided to,the. additional. Insured Nivill <br />be on:a primaryand non-contributorybasis to the <br />additi-onal inSLIf-ed'S ovuh business. .0 erage if <br />you are. required to do so' in a contract t or zqreOmerif- <br />that is executed by you before the "Oodi . Iy injury" Or <br />"property damage" occurs. <br />D. Blanket Waiv.er Of. Subrogation. <br />The following is added to the' SECTION IV — <br />BUSINESS: AUTO OONDITIONS, A. 1_656 <br />Conditions, 15: Transfer Of Rights: Of Recovery <br />;Ag <br />ainst 01t1ie.r.5 To. Us: <br />0PAS00 03 11 <br />Policy Number: PSA0001 184 <br />-WO Waive any rightof reooyery we may have against <br />any'person.or organization to the extent required of <br />'you by 'a contract executed prior t6 any ",RCoj6Dntlor <br />provided 'that the i'accidont". nF floss" :arises <br />out of the operation* contemplated by such contract. <br />The waiyer applies only to the person or <br />drganization%de-signated in Such contract. <br />E. Employee Hir-ed,Autos: <br />I. The fallowing is. added to the :.SCOTION 11 � <br />LIABILITY: COVERRAG IE- Paragraph A.I. Who <br />Is An Insured Pirovision: <br />Air "urriployee'.' oF yours- ilu,arl "ilismod" while <br />operating an, "aultd! hired or rented under a <br />contract or agreement in that "employee's" <br />name, -with Y,01_11- Dermission, ;while performing <br />duties related to*the conduct of your business. <br />- 2, Changes In Gen e ial Conditions: <br />!4,aragrapm S.b, of the: otner insurance <br />Condibon in the BUSINESS AUTO <br />CONDITIONS is deleted and replaced with the <br />following; <br />b, For Hired Auto Phy8iGal C$a1age. Coverage, <br />the - following are -deemed to be covered <br />"auto e'yqu:own: <br />(1:j Any covered "auto!' <br />you lease, hire.: Tent <br />or'borrow; arid <br />(2).Any, covered `<aUtd' hired or riorited by. <br />your "employ..."" Linder a Qontrat,-Hn.that <br />individual "employeds" name, with .your <br />pe-rilli-ssion, while perrurmh-.Ig dubtm <br />.related to the cotIdLict of yo(g.businpa& <br />However, any, '�atitd' that is rased, <br />hired, r0hted or borrowed with adrivet is <br />not 8 covered: "auto <br />Fe,11ovy. (Employee. Coveragq <br />SECTION 11 — LIABILITY GOVEIA-AGE, Excluslo.n <br />B.S, does. not apply if you ti&vo workers <br />compensation insurance inJarce covering all of your <br />G. Auto,. Loan Lease: Gap: Coverage <br />SECTION III — PHYSICAL DAMAGE COVERAGE, <br />C. Limit Of'Insur.Inc.0, is amended by the addition <br />6f'the foll6wing: <br />In the.. event of a, total "loss" to 4 *bovered "auto" <br />showh in the Schedule of Qeclarations we will pay <br />anyunpaid artiount due on thelease or n for a <br />oovei�ed "auto". less: �7 <br />v71. I1(1 I <br />