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NEWLY ACQUIRED OR FORMED ENTITY (Broad Form Named Insured) SECTION III - LIABILITY COVERAGE, A. Coverage, 1. Who Is An Insured, the following is added: d. Any business entity newly acquired or formed by you during the policy period provided you own 50% or more of the business entity and the business entity is not separately insured for Business Auto Coverage, Coverage is extended up to a maximum of 180 days following acquisition or formation of the business entity. Coverage under this provision is afforded only until the end of the policy period. Coverage does not apply to an "accident" which occurred before you acquired or formed the organization. II. EMPLOYEES AS INSUREDS SECTION III - LIABILITY COVERAGE, A. Coverage, 1. Who Is An Insured, the following is added: e, Any "'employee"' of yours is an "insured" while using a covered "auto" you don't own, hire or borrow in your business or your personal affairs. Ill. AUTOMAT11C ADDITIONAL INSURED SECTION 11 - LIABILITY COVERAGE, A. Coverage, 11r. Who Is Art Insured, the following is added: f. Any person or organization that you are required to include as additional insured on the Coverage Form in a written contract or agreement that is signed and executed by you before the "bodily injury" or "property damage" occurs and that is in effect during the policy period is an "Insured" for Liability Coverage, but only for damages to which this insurance applies and only to, the extent that person or organization qualifies as an "insured" under the Who is An Insured provision contained in Section Il. IV. EMPLOYEE HIRED AUTO LIABILITY SECTION 11 - LIABILITY COVERAGE, A. Coverage, 1. Who Is An Insured, the following is added: 9. An "employee" of yours is an "insured" while operating an "'auto" hired or rented under a contract or agreement in that "employee's" name, with your permission, while, performing duties related to the conduct of your business, V. SUPPLEMENTARY PAYMENTS SECTION 111 — LIABILITY COVERAGE, A. Coverage, 2. Coverage Extensions, a. Supplementary Payments, Subparagraphs (2) and (4) are replaced by the following: (2) Up to $3,000 for cost of bail bonds (including bonds for related traffic law violations) required because of an "accident" we cover. We are not obligated to furnish these bonds, (4) All reasonable expenses incurred by the "insured" at our request, including actual loss of earnings up to $500 a day because of time off from work. Copyright 2017 Mercury Insurance Services, LLC, All rights reserved. MCA85 I M817-CA Includes copyrighted maternal of Insurance Service, Office, lnc., with its, Permission Paize 2 of 6 RI&MmuganentDivisian REVIEWED & APPROVED BT oA-1a Aavedo Risk Management Specialist V-