2025-462-E-DEAPR-Recreation Factory Partners-portsplex Management Agreement

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Includes copyrighted material of Insurance GA 227 06 23 Services Office, Inc.,with its permission.Page 5 of 16 (b)Claims made or "suits" brought; (c)Persons or organizations making claims or bringing "suits"; (d)Acts,errors or omissions;or (e)Benefits included in your "employee benefit program". (2)The Aggregate Limit shown in Section B.Limits Of Insurance, 1.Employee Benefit Liability Coverage of this endorsement is the most we will pay for all dam- ages because of acts,errors or omissions negligently committed in the "administration"of your "employee benefit program". (3)Subject to the limit described in (2)above,the Each Employee Limit shown in Section B.Limits Of Insurance,1.Employee Bene- fit Liability Coverage of this en- dorsement is the most we will pay for all damagessustained by any one "employee",including damages sustained by such "employee's"dependents and beneficiaries, as a result of: (a)An act, error or omission; or (b)A series of related acts,er- rors or omissions,regard- less of the amount of time that lapses between such acts, errors or omissions; negligently committed in the "administration"of your "employ- ee benefit program". However,the amount paid under this endorsement shall not ex- ceed,and will be subject to the limits and restrictions that apply to the payment of benefits in any plan included in the "employee benefit program." (4)Deductible Amount (a)Our obligation to pay dam- ages on behalf of the in- sured applies only to the amount of damages in ex- cess of the Deductible Amount shown in Section B. Limits Of Insurance,1.Em- ployee Benefit Liability Cov- erage of this endorsement as applicable to Each Em- ployee.The limits of insur- ance shall not be reduced by the amount of this de- ductible. (b)The Deductible Amount shown in Section B.Limits Of Insurance,1.Employee Benefit Liability Coverage of this endorsement applies to all damages sustained by any one "employee",includ- ing such "employee's"de- pendents and beneficiaries, because of all acts,errors or omissions to which this in- surance applies. (c)The terms of this insurance, including those with respect to: 1)Our right and duty to defend the insured against any "suits" seeking those damag- es; and 2)Your duties,and the du- ties of any other in- volved insured, in the event of an act,error or omission, or claim; apply irrespective of the ap- plication of the Deductible Amount. (d)We may pay any part or all of the Deductible Amount to effect settlement of any claim or "suit"and,upon no- tification of the action taken, you shall promptly reim- burse us for such part of the Deductible Amount as we have paid. d.Additional Conditions As respects Employee Benefit Liabil- ity Coverage,Section IV -Commer- cial General Liability Conditions is amended as follows: (1)Item 2.Duties In The Event Of Occurrence,Offense,Claim Or Suitis replaced by the following: 2.Duties In The Event Of An Act,Error,Omission, Claim Or Suit a.You must see to it that we are notified as soon as practicable of an act, error or omission which may result in a claim. Docusign Envelope ID: 177AA06A-30B4-42FF-A85A-78B5A7C51DBE