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(1) The existence, maintenance, repair, construction, erection, or removal of advertising <br />signs, awnings, canopies, cellar entrances, coal holes, driveways, manholes, <br />marquees, hoist away openings, sidewalk vaults, street banners, or decorations and <br />similar exposures; <br />(2) The construction, erection, or removal of elevators; or <br />(3) The ownership, maintenance, or use of any elevators covered by this insurance. <br />However, <br />(i) A person or organization is an additional insured under this provision only for that <br />period of time required by the written contract; <br />(II) No such person or organization is an insured under this provision if such person or <br />organization is included as an insured by an endorsement issued by us and attached <br />to the Commercial General Liability Coverage Form; <br />(iii) The insurance afforded to such additional insured only applies to the extent permitted <br />by law; and <br />(iv) The insurance afforded to such additional insured will not be broader than that which <br />you are required by the contract or agreement to provide for such additional insured. <br />2. With respect to the insurance afforded to these additional insureds, identified in Paragraph <br />G.I. of this endorsement, the following is added to Section III - Limits Of Insurance: <br />The most we will pay on behalf of the additional insured is the amount of insurance: <br />a. Required by the contract or agreement; or <br />b. Available under the applicable Limits of Insurance shown in the Declarations; <br />whichever is less. <br />This provision shall not increase the applicable Limits of Insurance shown in the Declarations. <br />H. Newly Acquired Or Formed Organizations <br />The following is added to Paragraph 3. of Section II - Who Is An Insured: <br />Coverage provided to a newly acquired or formed organization under this provision is afforded only <br />when the newly acquired or formed organization operates or conducts the same or similar business <br />as you. <br />I. Limits Of Insurance <br />Paragraph 1. under Section III - Limits Of Insurance is replaced by the following: <br />The Limits of Insurance shown in the Declarations and the rules below fix the most we will pay <br />regardless of the number of: <br />1. Insureds; <br />2. Claims made or "suits" brought; <br />3. Persons or organizations making claims or bringing "suits"; or <br />4. Policies involved. <br />Includes copyrighted material of Insurance Services Office, Inc., with Its permission. <br />Copyright 2014 GuldeOne Insurance <br />s� RiekManagtmentDlvtelon <br />sf REVIEWED&APPROVED BY. <br />i ' 0- A Aco44 <br />Risk Management Specialist <br />