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BUSINESS LIABILITY COVERAGE FORM <br /> ( b) Rented to , in the care , custody or b . Coverage under this provision does not <br /> control of, or over which physical apply to : <br /> control is being exercised for any ( 1 ) " Bodily injury" or "property damage" <br /> purpose by you , any of your that occurred or <br /> "employees " , "volunteer workers" , ' <br /> any partner or member ( if you are (2 ) " Personal and advertising injury" <br /> a partnership or joint venture) , or arising out of an offense committed <br /> any member ( if you are a limited before you acquired or formed the <br /> liability company) . organization . <br /> b . Real Estate Manager 4 . Operator Of Mobile Equipment <br /> Any person (other than your "employee" or With respect to " mobile equipment" registered in <br /> "volunteer worker") , or any organization your name under any motor vehicle registration <br /> while acting as your real estate manager . law, any person is an insured while driving such <br /> c . Temporary Custodians Of Your equipment along a public highway with your <br /> Property permission . Any other person or organization <br /> responsible for the conduct of such person i <br /> Any person or organization having proper s temporary custody of your property if you also an insured , but only with respect to liability <br /> arising out of the operation of the equipment, and <br /> die , but only : only if no other insurance of any kind is available <br /> ( 1 ) With respect to liability arising out of the to that person or organization for this liability. <br /> maintenance or use of that property; and However, no person or organization is an insured <br /> (2 ) Until your legal representative has with respect to : <br /> been appointed . a . " Bodily injury" to a co " employee" of the <br /> d . Legal Representative If You Die person driving the equipment; or <br /> Your legal representative if you die , but b . " Property damage" to property owned by , <br /> only with respect to duties as such . That rented to , in the charge of or occupied by <br /> representative will have all your rights and you or the employer of any person who is <br /> duties under this insurance . an insured under this provision . <br /> e . Unnamed Subsidiary 5 . Operator of Nonowned Watercraft <br /> Any subsidiary and subsidiary thereof, of With respect to watercraft you do not own that <br /> yours which is a legally incorporated entity is less than 51 feet long and is not being used <br /> of which you own a financial interest of to carry persons for a charge , any person is an <br /> more than 50 % of the voting stock on the insured while operating such watercraft with <br /> effective date of this Coverage Part . your permission . Any other person or <br /> organization responsible for the conduct of <br /> The insurance afforded herein for any <br /> subsidiary not shown in the Declarations such person is also an insured , but only with <br /> as a named insured does not apply to respect to liability arising out of the operation <br /> injury or damage with respect to which an of the watercraft, and only if no other <br /> insured under this insurance is also an insurance of any kind is available to that <br /> insured under another policy or would be person or organization for this liability . <br /> an insured under such policy but for its However, no person or organization is an <br /> termination or upon the exhaustion of its insured with respect to : <br /> limits of insurance . a . " Bodily injury" to a co" employee" of the <br /> 3 . Newly Acquired Or Formed Organization person operating the watercraft; or <br /> Any organization you newly acquire or form , b . " Property damage" to property owned by , <br /> other than a partnership , joint venture or rented to , in the charge of or occupied by <br /> limited liability company , and over which you you or the employer of any person who is <br /> maintain financial interest of more than 50 % of an insured under this provision . <br /> the voting stock , will qualify as a Named 6 . Additional Insureds When Required By <br /> Insured if there is no other similar insurance Written Contract , Written Agreement Or <br /> available to that organization . However : Permit <br /> a . Coverage under this provision is afforded The person (s ) or organization (s ) identified in <br /> only until the 180th day after you acquire Paragraphs a . through f. below are additional <br /> or form the organization or the end of the insureds when you have agreed , in a written <br /> policy period , whichever is earlier ; and <br /> Form SS 00 08 04 05 Page 11 of 24 <br />