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Includes copyrighted material of Insurance <br />GA 233 09 17 <br />Services Office, Inc., with its permission.Page 5 of 17 <br />ners, and their spouses are <br />also insureds but only with <br />respect to the conduct of <br />your business. <br />(c)A limited liability company, <br />you are an insured. Your <br />members are also insureds, <br />but only with respect to the <br />conduct of your business. <br />Your managers are in- <br />sureds, but only with respect <br />to their duties as your man- <br />agers. <br />(d)An organization other than a <br />partnership, joint venture or <br />limited liability company, you <br />are an insured. Your "execu- <br />tive officers" and directors <br />are insureds, but only with <br />respect to their duties as <br />your officers or directors. <br />Your stockholders are also <br />insureds, but only with re- <br />spect to their liability as <br />stockholders. <br />(e)A trust, you are an insured. <br />Your trustees are also in- <br />sureds, but only with respect <br />to their duties as trustees. <br />(2)Each of the following is also an <br />insured: <br />(a)Each of your "employees" <br />who is or was authorized to <br />administer your "employee <br />benefit program"; <br />(b)Any persons, organizations <br />or "employees" having prop- <br />er temporary authorization <br />to administer your "employ- <br />ee benefit program" if you <br />die, but only until your legal <br />representative is appointed; <br />or <br />(c)Your legal representative if <br />you die, but only with re- <br />spect to duties as such. That <br />representative will have all <br />your rights and duties under <br />this Coverage Part. <br />(3)Any organization you newly ac- <br />quire or form, other than a part- <br />nership, joint venture or limited <br />liability company, and over which <br />you maintain ownership or major- <br />ity interest, will qualify as a <br />Named Insured if no other similar <br />insurance applies to that organi- <br />zation. However, coverage under <br />this provision: <br />(a)Is afforded only until the <br />180th day after you acquire <br />or form the organization or <br />the end of the policy period, <br />whichever is earlier; and <br />(b)Does not apply to any act, <br />error or omission that was <br />committed before you ac- <br />quired or formed the organi- <br />zation. <br />c. Limits Of Insurance <br />As respects Employee Benefit Lia- <br />bility Coverage, Section III - Limits <br />Of Insurance is replaced by the fol- <br />lowing: <br />(1)The Limits of Insurance shown in <br />Section B. Limits Of Insurance <br />, <br />1. Employee Benefit Liability <br />Coverage and the rules below fix <br />the most we will pay regardless <br />of the number of: <br />(a)Insureds; <br />(b)Claims made or "suits" <br />brought; <br />(c)Persons or organizations <br />making claims or bringing <br />"suits"; <br />(d)Acts, errors or omissions; or <br />(e)Benefits included in your <br />"employee benefit program". <br />(2)The Aggregate Limit shown in <br />Section B. Limits Of Insurance <br />, <br />1. Employee Benefit Liability <br />Coverage of this endorsement is <br />the most we will pay for all dam- <br />ages because of acts, errors or <br />omissions negligently committed <br />in the "administration" of your <br />"employee benefit program". <br />(3)Subject to the limit described in <br />(2)above, the Each Employee <br />Limit shown in Section B. Limits <br />Of Insurance, 1. Employee <br />Benefit Liability Coverage of <br />this endorsement is the most we <br />will pay for all damages sus- <br />tained by any one "employee", <br />including damages sustained by <br />such "employee's" dependents <br />and beneficiaries, as a result of: <br />(a)An act, error or omission; or <br />DocuSign Envelope ID: 40A229C5-D4FB-45FE-AB8A-DFDF4EE51ADF