The last paragraph ( No person or organization is an insured ) of SECTION II - WHO IS AN INSURED is replaced by the following:

Transcription

1 venture or limited liability company that is not shown as a Named Insured in the Declarations. person or organization is an insured with respect to the conduct of any current or past partnership, joint but only with respect to your interest in such current or past partnership or joint venture. No other You are an insured with respect to liability arising out of any current or past partnershf p or joint venture, with respect to liability for bodily injury, property damage or personal and advertising injury 2. The performance of your ongoing operations at any tradeshow, fair, exhibition or conference 3. Your maintenance, operation or use of personal property (other than an auto ) leased to you by such additional insured; and by you while attending any tradeshow, fair, exhibition or conference leased to you or Includes copyrighted material of Insurance Services Office. Inc., with its permission GL Tokio Marine Management, Inc., 2015 Page 4 of 7 b. With respect to the insurance afforded to these additional insureds, the following is added to temporarily occupied by you with permission of such additional insured. However, the insurance afforded to such additional insured: SECTION Ill - LIMITS OF INSURANCE: This endorsement shall not increase the applicable Limits of Insurance shown in the Declarations. (1) Any written contract or agreement that was executed subsequent to the bodily injury, (2) Any permit that was issued subsequent to the bodily injury, property damage or personal 4. Your maintenance or use of that part of the premises (including that part of any premises used property damage or personal and advertising injury ; The insurance provided by this paragraph for Automatic Additional lnsureds does not apply to: sponsored by such additional insured. 1. The performance of your ongoing operations, other than construction and demolition operations, for such additional insured. The most we will pay on behalf of the additional insured is the amount of insurance: Whichever is less. 2. Will not be broader than that which you are required by the contract, agreement or permit to 2. Available under the applicable Limits of Insurance shown in the Declarations; 1. Required by the contract, agreement or permit; or provide for such additional insured. 1. Only applies to the extent permitted by law; and anyone else acting on its behalf. negligence of the additional insured for its own acts or omissions or those of its employees or (4) Bodily injury, property damage or personal and advertising injury arising out of the sole (3) Any written contract or agreement with a vendor for the distribution or sale of your products ; or caused by: organization, if you are required to do so under a written contract, agreement or permit, but only and advertising injury ; or 11. AUTOMATIC ADDITIONAL INSUREDS COVERAGE a. SECTION II - WHO IS AN INSURED is amended to include as an insured any person or The last paragraph ( No person or organization is an insured ) of SECTION II - WHO IS AN INSURED is replaced by the following:

2 CG organization shotvn in the Schedute above. We waive any right of recovery we may have against the person or organization shown in the the products-completed operations hazard. This waiver applies only to the person or operations or your work done under a contract with that person or organization and included in Schedule above because of payments we make for injury or damage arising out of your ongoing The following is added to Paragraph 8. Transfer Of Rights Of Recovery Against Others To Us of Section IV - Conditions: Information required to complete this Schedule, if not shown above, will be shown in the Declarations. BLANKET, AS REQUIRED BY WRITTEN CONTRACT Name Of Person Or Organization: SCHEDULE PRODUCTS/COMPLETED OPERATIONS LIABILITY COVERAGE PART COMMERCtAL GENERAL LIABILtTY COVERAGE PART This endorsement modifies insurance provided under the following: AGAINST OTHERS TO US WAIVER OF TRANSFER OF RIGHTS OF RECOVERY COMMERCIAL GENERAL LIABILITY

3 COVERAGE): The following is added to A. Coverage (SECTION III - PHYSICAL DAMAGE 11. ELECTRONIC EQU IPMENT COVERAGE Includes copyrighted material from ISO Properties, Inc., with its permission. CA Tokio Marine Management, Inc., 2005 Page 5 of 7 required by the written contract, agreement or permit Additional insured coverage provided by this insurance will not be broader than coverage insured. (1) Any written contract or agreement that was executed subsequent to the bodily injury or (2) Any permit that was issued subsequent to the bodily injury or property damage ; or (3) Bodily injury or property damage arising out of the sole negligence of the additional property damage ; However, this insurance does not apply to: Any person or organization, if you are required to do so under a written contract, agreement or permit, is an insured. The following is added to paragraph 1. Who Is An Insured of A. Coverage (SECTION II - LIABILITY COVERAGE): 12. AUTOMATIC ADDTHONAL INSU REDS however, pay any deductible, up to a maximum of $500, that is applicable under the apply if there is other insurance provided by this policy for such equipment. We will, provisions of the other insurance. The coverage provided under this Electronic Equipment Coverage Extension does not $500. property of like kind and quality; or b. The cost of repairing or replacing the damaged or stolen property with other loss ; a. The actual cash value of the damaged or stolen property as of the time of the lesser of: The most we wilt pay for alt toss to audio, visual or data electronic equipment is the coverage applies only if the equipment is permanently installed in the covered auto at the time of the loss, and such equipment is designed to be solely operated by use of the visual or data signals and that is not designed solely for the reproduction of sound. This power from the auto s electrical system or in or upon the covered auto. If you carry physical damage coverage under this policy, we will pay with respect to a covered auto for loss to any electronic equipment that receives or transmits audio, 6. Electronic Equipment Coverage. Commercial Automobile

4 This agreement shall not operate directly or indirectly to benefit anyone not named in the Schedule. perform work under a written contract that requires you to obtain this agreement from us.) right against the person or organization named in the Schedule. (This agreement applies only to the extent that you WAIVER OF OUR RIGHT TO RECOVER FROM OTHERS ENDORSEMENT (Ed. 4-84) We have the tight to recover our payments from anyone liable for an injury covered by this policy. We will not enforce our C 1983 National Council on Compensation Insurance. (Ed 4-84) WC TRANS PACIFIC INSURANCE COMPANY Insurance Company Countersigned by Insured MUFG AMERICAS HOLDINGS CORPORATION Premium Endorsement No. (The information below is required only when this endorsement is issued subsequent to preparation of the policy.) This endorsement changes the policy to which it is attached and is effective on the date issued unless otherwise stated. AS REQUIRED BY WRITTEN CONTRACT Schedule WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY WC

5 POLICY NUMBER: SCP L Page 1 Tokio Marine Management, Inc ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. clause does not apply. It is further agreed that Section V General Provisions, Additional Insurable Interest / Certificates of Insurance not be broader than that which is required by such contract or agreement. the Named Insured to make payable to anyone else, including any landlord, lender, mortgagee, or loss payee, as their interest may appear, as required by written contract or agreement. The coverage provided under this Policy will The Company will adjust with and pay to the Named Insured as shown on the Declarations Page, or as directed by with the following: It is hereby agreed that, Section IV Loss Adjustment and Settlement, the Loss Adjustment / Payable clause is replaced This endorsement modifies insurance provided under the TMM Special Property Policy as follows: ENDORSEMENT NO. 6 Declarations EFFECTIVE DATE: :01 am. standard time at your mailing address shown in the Policy PRODUCER NAME: MARSH USA, INC. PRODUCER CODE: NAMED INSURED: MUFG AMERICAS HOLDINGS CORPORATION Tokio Marine America Insurance Company

6 MUFG AMERICAS HOLDINGS CORPORATION SCP (d) any changes in the title, use, occupation, location, possession or exposures of the property since the effective date of this Policy; (e) by whom and for what purpose any location insured by this Policy was occupied on the date of loss, and whether or not it then stood on leased ground. (5) include a copy of all the descriptions and schedules in all policies and, if required, provide verified plans and specifications of any buildings, fixtures, machinery or equipment destroyed or damaged; (6) further, the Insured, will as often as may be reasonably required: (a) (b) (c) exhibit to any person designated by the Company all that remains of any property; submit to examination under oath by any person designated by the Company and sign the written records of examinations; and produce for examination at the request of the Company: (I) (ii) all books of accounts, business records, bills, invoices and other vouchers; or certified copies if originals are lost, at such reasonable times and places that may be designated by the Company or its representative and permit extracts and machine copies to be made. B. Company Option The Company has the option to take all or any part of damaged property at the agreed or appraised value. The Company must give notice to the Insured of its intention to do so within thirty (30) days after receipt of proof of loss. C. Abandonment There may be no abandonment of any property to the Company. D. Subrogation The Insured is required to cooperate in any subrogation proceedings. The Company may requite from the Insured an assignment or other transfer of all rights of recovery against any party for loss to the extent of the Company s payment. The Company will not acquire any tights of recovery that the Insured has expressly waived prior to a loss, nor will such waiver affect the Insured s tights under this Policy. HP Tokio Marine Management, Inc Page 71 of 85

7 MUFG AMERICAS HOLDINGS CORPORATION SCP Any recovery from subrogation proceedings, less costs incurred by the Company in such proceedings, will be payable to the Insured in the proportion that the amount of: (1) any applicable deductible; and/or (2) any provable uninsured loss, bears to the entire provable loss amount. E. Appraisal If the Insured and the Company fail to agree on the amount of loss, each will, on the written demand of either, select a competent and disinterested appraiser after: (1) the Insured has fully complied with all provisions of this Policy, including Requirements in Case of Loss; and (2) the Company has received a signed and sworn proof of loss from the Insured. Each will notify the other of the appraiser selected within twenty (20) days of such demand. The appraisers will first select a competent and disinterested umpire. If the appraisers fail to agree upon an umpire within thirty (30) days then, on the request of the Insured or the Company, the umpire will be selected by a judge of a court of record in the jurisdiction in which the appraisal is pending. The appraisers will then appraise the amount of loss, stating separately the Actual Cash Value and replacement cost value as of the date of loss and the amount of loss, for each item of physical loss or damage or if, for Time Element loss, the amount of loss for each Time Element coverage of this Policy. If the appraisers fail to agree, they will submit their differences to the umpire. award agreed to in writing by any two will determine the amount of loss. An The Insured and the Company will each: (I) (II) pay its chosen appraiser; and bear equally the other expenses of the appraisal and umpire. A demand for APPRAISAL shall not relieve the Insured of its continuing obligation to comply with the terms and conditions of this Policy, including as provided under Requirements in Case of Loss. The Company will not be held to have waived any of its rights by any act relating to appraisal. HP Tokio Marine Management, Inc Page 72 of 85