Orange County NC Website
DocuSign Envelope ID:A29AB125-209D-4CB9-854C-789BEC34FODD <br /> ENDORSEMENT/RIDER <br /> <COVSECT> <br /> Effective date of <br /> this endorsement/rider: <TRXEFFDATE> <CARRNAME> <br /> Endorsement/Rider No. <EN> <br /> To be attached to and <br /> form a part of Policy No. <POLICYNO> <br /> Issued to: <ACCTNAME> <br /> AMEND DEFINITION OF LOSS ENDORSEMENT <br /> In consideration of the premium charged, it is agreed that: <br /> (1) Notwithstanding anything to the contrary contained in this Coverage Section, the term Loss, as <br /> defined in Subsection 4 Definitions of this Coverage Section, is amended to include Defense Costs <br /> incurred by any Insured in contesting a Claim for the assessment of taxes, initial taxes, additional <br /> taxes, tax deficiencies, or penalties pursuant to the following sections of the Internal Revenue Code, <br /> 26 U.S.C. §§ 4911, 4940(a), 4941(a), 4941(b), 4942(a), 4942(b), 4943(a), 4943(b), 4944(a), 4944(b), <br /> 4945(a), 4945(b), 4955(a), 4955(b), 6652(c)(1)(A), 6652(c)(1)(B), 6655(a)1, 6656(a) or 6656(b). <br /> (2) It is understood and agreed that no coverage will be available under this Coverage Section for: <br /> (a) Defense Costs incurred by any Insured in contesting a Claim for the assessment of any tax <br /> penalty pursuant to any section of the Internal Revenue Code other than those specified in <br /> paragraph(1) above; or <br /> (b) Loss which constitutes damages (including punitive or exemplary damages),judgments, <br /> settlements,pre judgment interest,post judgment interest on account of any Claim for the <br /> assessment of taxes, initial taxes, additional taxes, tax deficiencies, or penalties pursuant to <br /> any section of the Internal Revenue Code specified in paragraph(1) above, or the payment of <br /> any taxes, initial taxes, additional taxes, tax deficiencies, or penalties assessed pursuant to <br /> any such section of the Internal Revenue Code. <br /> 14-02-11469 (11/2007) rev. Page 1 <br />