2013-359 EDC-Buxton Corportation for Business Recruitment Retentiion Analysis $15,000

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SCA 23 500C (Ed. 02/08) 5. Hired"Autos" d. The most we will pay for "loss" to a covered Subject to the following, if Physical Damage "auto" in any one accident is the lesser of: coverage is provided under this policy then Hired (1) $5,000;or Auto Physical Damage is extended to: (2) 20% of the "auto's" actual cash value a. Any covered "auto" you lease, hire, rent or (ACV) borrow without a driver;and E Airbag Coverage b. Any covered "auto" hired or rented by your "employee" without a driver, under a contract The accidental discharge of an airbag shall not be in that individual employees' name, with considered mechanical breakdown. your permission, while performing duties F. Duties In The Event Of Accident, Claim, Suit Or related to the conduct of your business. Loss c. The most we will pay for any one"accident"or 1. The following, relative to your notification "loss" is the actual cash value, cost of repair, obligation, is added as the last paragraph of Loss cost of replacement or $50,000 whichever is Condition 2.a.: less minus a $500 deductible for each covered auto. No deductible applies to "loss" Your "employees" may know of an "accident" or caused by fire or lightning. "loss." This will not mean that you have such knowledge, unless such "accident" or "loss" is d. Such physical damage coverage for hired known to you or if you are not an individual,to any "autos"will: of your executive officers or partners or your manager. (1) Be excess over any other collectible insurance mana g insurance; 2. The following paragraph, relative to your obligation (2) Include loss of use, provided it is the to provide us with documents, is added to Loss consequence of an "accident" for which Condition 2.b.(2): the Named Insured is legally liable, and Your "employees" may know of documents as a result of which a monetary loss is received concerning a claim or "suit."This will not sustained by the leasing or rental mean that you have such knowledge, unless concern. receipt of such documents is known to you or if Such coverage as is provided by this you are not an individual, to any of your executive provision (2) will be subject to a limit of officers or partners or your insurance manager. $750 per"accident." G. Unintentional Omissions 6. Diminution In Value Your failure to disclose all hazards existing on the date Subject to the following, the "diminution in value" of inception of this Coverage Form shall not prejudice exclusion(Section III)does not apply to: you with respect to the coverage afforded provided such failure or omission is not intentional. a. Any covered "auto" of the private passenger H. International Coverage—Hired"Autos" type you lease, hire, rent or borrow, without a driver for a period of 30 days or less, while Paragraph 7. Policy Period, Coverage Territory of the performing duties related to the conduct of General Conditions is amended by the addition of the your business;and following: b. Any covered "auto" of the private passenger The coverage territory is extended to anywhere in the type hired or rented by your "employee" world if without a driver for a period of 30 days or less, a. A covered "auto" of the private passenger a is under a contract in that individual P P 9 type "employee's" name, with your permission, leased, hired, rented or borrowed without a driver while performing duties related to the conduct for a period of 45 days or less;and of your business. b. The "insured's" responsibility to pay damages is c. Such coverage as is provided by this determined in a "suit" on the merits, in the United provision is limited to a "diminution in value" States of America, the territories and possessions loss arising directly out of accidental damage of the United States of America, Puerto Rico, or and not as a result of the failure to make Canada or in a settlement we agree to. repairs; faulty or incomplete maintenance or WARNING repairs; or the installation of substandard parts. Auto accidents in Mexico are subject to the laws of Mexico only—Not the laws of the United States of America. SCA 23 500C Page 2 of 3 (Ed. 02/08)