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Named lnsrsred: Nichols Consultirig Engineers, CHID 1-his endorsement Modifies insurance provided underthe tollowing:` BUSINESS AUTO C OVERAGE FORM A. Broad Form Named Insured The following is added to.. the SECTION. II - LIABILITY Coverage, Paragraph A.1. Who Is An Insured Provision: Any business entity: newly. a.cquired or farmed ley you during the policy period, provided. YOUL own fifty percent (501%a) or more of the business entity and the business entity is not separately insured for Bu5ine;5!5 AUto Coverage. Coverage is extended up to a maximum of one hundredeighty (1.80)clays following the acquisition or formation of the business entity. This: provision does not apply to any parson or arga.ni ation for which coverage is excluded by endersernent B. Employees As Insureds The. folfoyiing is added to the SECTION II - LIABILITY `a*~ VE. A.GE, Paragraph A.1. Wbo is An Insured Provision Any "employee" of yours is an "insured" while using a.. covered "au'd' :you don't own. hire or borrow in you. r.bu ,iness :or your personal affairs. O. Blanket Additional Insured The following isadded to the SECTION 11 - LIABILITY COVERAGE , Paragraph A.1, iNho is:An Insured Provision'. .Any persori or .orloariizatlon that you are required to include: asan additional insured on this coverage form in a contract or agreement that is executed by you before the "bodily injury or "property damage" occurs is an "insured" for iiabiiib/ Coverage, but only for damages to which this insurance oppJtps and ofily Lo lhe�exlelri. thin. pr isorl of ur9anizalion qualifies. as an "insl_ired" under the SrVho Is An Insured provision contained. in SECTION 11 - LIABI.LIT'Y COVERAGE The insurance prQ.vided to the additional insured will be o.n'a primary and non-contributopi basis to the additional insured's owri business auto COyC-r2ge. if you are required to Co so in a contract OracgreeiTtent that: is execrated by you before the "bodily injury" or "property damage" occurs. D. Slainlcet Waiver Of Subrogation The follolA. /ing is added to the SECTION IV - BUSINESS AUTO CONDMONS, A. Loss Conditions, 5. Transfer Of Rights Of Recovery ;Against Others To Us: PC A: GG 03 11 Policy Nurnber: PSA0001184 V1le waive any right of mcovery,Ne i, ay have against anyperson or orctanization to the extent required of you by a contract exoQQtod. prior to any "acridr;mt" or "Ic3s' provided that the "accident" Qj loss" arises out of the operations contemplated by such contract. Thi waiver applies ohly to the person or organization.designated in such contract. E. Employee Hirerl.Autos The follosming is added to the SECTION II �-- LIABILITY COVERAGE, Paracli'aph A.I.Who Is An Insured Provision: A;I "empluyeu-" cri yuws. i i.cErl '`ir!sur d" whilic operating an "auto" hired or rented under a contract or agreement in that "employee's" Dame: with your Permission, wliile performing duties related to the conduct of your business. 2. Changes in General Conditions: Paragra.pn 5.1), of the otner insurance Condition in the BUSINESS AUTO CONDITIONS is deleted and retclaced with the following: . b, For Flired Auto Physical Dm-page Coverage, the following are deemed :to .be covered "autoo_" you otvn: (1) Any covered "auto" you lease, hire, real; or borrow; and (2) .Any covered "auto" hired or rtrited by your "employee" under a contract in that individual "employee's".name, with your ut r!iii �iui� While perfrarmirig dubtz5 related to the conduct of your business. However, any "auto" that is Leased, Hired, rented or borrowed with a drivel' is not a cove=red "auto''. t^ , Fe19aw. Employee Coverage SECTION 11 - LIABILITY COVERAGE, Exclusion B.S. does not appily if you have workers, compensation insurance in -force covering all of your err��rciyees. G. Auto Loan Lease Cap Coverage. SECTION Ill. -• .PHYSICAL DAMAGE. COVERAGE, C. Limit Of Insurance, is amended by the addition of the following: In the event of a. total "loss" to. a covered "auto" :sho,✓n in the Schedule of Declarations, we will pay any unpaid amount due on the. lease or loan for a covered "auto". less. Risk M8178gc'.Y ent Mislan REVIEWED & APPROVED BY. ' Risk Management Analyst