2016-732-E DSS - Dickerson Fencing Co fence installation

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DocuSign Envelope ID:CDB26ED1-82FE-487A-872C-345E8A833228 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY, AUTO FIRST CHOICE COVERAGE ENDORSEMENT This endorsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM NOTE; The following are additions, replacements and amendments to the Business Auto Coverage Form, and will apply unless excluded by separate endorsement(s)to the Business Auto Coverage Form. With respect to coverages provided by this endorsement, the provisions of the Business Auto Coverage Form apply unless modified by this endorsement. The Business Auto Coverage Form is amended as follows: SECTION II—LIABILITY COVERAGE is amended as follows: A.1. Who Is An Insured provision is amended by adding the following: d. Any legally incorporated subsidiary of yours in which you own more than 50% of the voting stock on the effective date of this coverage form. However, "insured"does not include any subsidiary that is an "insured"under any other liability policy qr would be an"insured"under such a policy but for its termination or the exhaustion of its limits of insurance. In order for such subsidiaries to be considered insured under this policy, you must notify us of such subsidiaries within 60 days of policy effective date. e. Any organization you newly acquire or form during the policy period, other than a partnership or joint venture, and over which you maintain sole ownership or a majority interest. However,coverage under this provision: (1) Does not apply if the organization you acquire or form is an"insured"under another liability policy or would be an"insured" under such a policy but for its termination or the exhaustion of its limits of insurance; (2) Does not apply to'bodily injury"or"property damage"that occurred before you acquired or formed the organization,and (3) Is afforded only for the first 90 days after you acquire or form the organization or until the end of the policy period, whichever comes first. f. Any person or organization who is required under a written contract or agreement between you and that person or organization, that is signed and executed by you before the"bodily injury" or"property damage"occurs and that is in effect during the policy period, to be named as an additional insured is an"Insured" for Liability Coverage, but only for damages to which this insurance applies and only to the extent that person or organization qualifies as an "insured"under the Who Is.An Insured provision contained in Section II. g. Any"employee"of yours using: (1) a covered "auto"you do not own, hire or borrow, or a covered"auto" not owned by an "employees or a member of his or her household, while performing duties related to the conduct of your business or your personal affairs; or CAU 05B(12 09) Includes copyrighted material of the Insurance Servioes Office,Inc.,with its permission. Page 1 of 5 Copyright 2009 FCCI Insurance Group.