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* S1 * 02/02/2024 * GLP 0482161 11 GREAT AMERICAN ASSURANCE COMPANY
<br /> *D/B* 397946331 694948
<br /> 6. All interest on the full amount of any judgment (2) members of your Board of Trustees,
<br /> that accrues after entry of the judgment and Board of Governors, or other govern-
<br /> before we have paid, offered to pay, or de- ing body created by your charter,
<br /> posited in court the part of the judgment that constitution, by-laws, or other similar
<br /> is within the applicable Limit of Insurance. governing document, but only while
<br /> acting within the scope of their duties
<br /> These payments will not reduce the Limits of as such; and
<br /> Insurance.
<br /> (3) any subsidiary organization that is con-
<br /> SECTION III - WHO IS AN INSURED trolled by the Named Insured. A sub-
<br /> sidiary organization is controlled by the
<br /> Named Insured if the Named Insured
<br /> 1. Subject to 4., below, if you are designated in owns a majority of the voting shares
<br /> the Declarations as: of that organization.
<br /> a. An individual, you and your spouse are 3. Subject to 4., below, your "employees," other
<br /> insureds, but only with respect to the than those already described in 1. or 2., above,
<br /> conduct of a business of which you are are also insureds, but only for acts within the
<br /> the sole owner. scope of their employment by you or while
<br /> performing duties related to the conduct of
<br /> b. A partnership or joint venture, you are an your business. Your "volunteer workers" are
<br /> insured. Your members, your partners, and insureds, but only while performing duties re-
<br /> their spouses are also insureds, but only lated to the conduct of your business with
<br /> with respect to the conduct of your busi- your knowledge and consent.
<br /> ness.
<br /> 4. However:
<br /> c. A limited liability company, you are an in-
<br /> sured. Your members are also insureds, a. No "employee," "volunteer worker," direc-
<br /> but only with respect to the conduct of tor, "executive officer," officer, or other
<br /> your business. Your managers are insur- person is an insured for any liability:
<br /> eds, but only with respect to their duties
<br /> as your managers.
<br /> (1) to you, to your partners or members
<br /> (if you are a partnership or joint ven-
<br /> d. An organization other than a partnership, ture), to your members (if you are a
<br /> joint venture, or limited liability company, limited liability company), to any of
<br /> you are an insured. Your "executive of- your directors, "executive officers,"
<br /> ficers," board members and directors are officers, "employees," or "volunteer
<br /> also insureds, but only with respect to workers";
<br /> their duties as your officers or directors.
<br /> Your stockholders are also insureds, but (2) to the spouse, child, parent, brother,
<br /> only with respect to their liability as your
<br /> stockholders. sister, or next of kin of any person in
<br /> connection with or as a consequence
<br /> e. A trust, you are an insured. Your trustees of 4.a.(1); or
<br /> are also insureds, but only with respect to (3) for which there is any obligation to
<br /> their duties as trustees. share damages with or repay someone
<br /> else who must pay damages, as a con-
<br /> 2. Subject to 4., below, each of the following is sequence of 4.a.(1) or (2).
<br /> also an insured:
<br /> b. No person or organization is an insured
<br /> a. If you are a religious or educational in- with respect to the conduct of any cur-
<br /> stitution: rent or past partnership, joint venture, re-
<br /> ligious or educational institution, or other
<br /> (1) your elders, deacons, vestrymen, organization that is not shown as a named
<br /> councilmen, clergy, and teachers; insured in the Declarations.
<br /> CG 85 65 (Ed. 01/12) (Page 6 of 10)
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