Orange County NC Website
DocuSign Envelope ID: D9F8096F-FD8F-4DEF-97BC-32AEDC1721 F9 <br /> AMENDMENT OF DEFINED TERMS <br /> In consideration of the payment of the premium for this policy,it is agreed that the definitions of Scheduled aircraft,Newly <br /> acquired aircraft and Unmanned aircraft system that appear in SECTION VI-DEFINITIONS are deleted in their entirety <br /> and replaced with the following: <br /> Scheduled aircraft means the aircraft component of an unmanned aircraft system that is shown in the Aircraft Schedule(s), <br /> and also <br /> (a) any newly acquired aircraft; <br /> (b) the propulsion system and parts and equipment installed in or on the aircraft component of the unmanned aircraft <br /> system: <br /> (1) while installed; and <br /> (2) while temporarily removed until replacement has commenced: <br /> a. removed parts which are intended to be replaced with similar parts shall not be considered part of the <br /> aircraft component of an unmanned aircraft system from the moment that the replacement part comes <br /> into physical contact with the aircraft component of an unmanned aircraft system; <br /> b. removed parts which are not intended to be refitted to or replaced on the aircraft component of an <br /> unmanned aircraft system shall not be considered part of the aircraft component of an unmanned <br /> aircraft system from the moment that such parts are no longer in physical contact with the aircraft <br /> component of an unmanned aircraft system; <br /> (c) tools and equipment in the aircraft component of an unmanned aircraft system which have been designed for use <br /> with the aircraft component of an unmanned aircraft system and are ordinarily carried therein. <br /> However,scheduled aircraft shall not include payload. <br /> Newly acquired aircraft means the aircraft component of an unmanned aircraft system which you acquire after the <br /> beginning of the policy period by purchase or by exclusive written lease for a period in excess of thirty(30)days;but,only if: <br /> (a) It is in addition to and of the same make and model as an aircraft component of an unmanned aircraft system <br /> shown in the Aircraft Schedule(s); <br /> (b) On the acquisition date, there is no other insurance, similar to the insurance afforded by this policy, in effect for <br /> such aircraft; and <br /> (c) You report the acquisition to the Policy Issuing Office shown in the Declarations within sixty (60) days of the <br /> acquisition and agree to pay the additional premium we require. <br /> Unmanned aircraft system means a complete system consisting of an aircraft and the associated equipment needed for its <br /> operation and remote control. <br /> Endorsement No. 2 <br /> UASA125 (November 15,2017) Page 1 of 2 <br />