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as described in the Extra Expense Additional Coverage. (3) In the event of a loss of or damage to "Computer equipment" by a Covered Cause of Loss, we will pay your costs to modify or replace undamaged "hardware" or "software" when it: (a) Was dependent on the damaged "hardware" or "software" prior to the covered loss; and (b) Is not compatible with the "hardware" or "software' that is replacing the property that was involved in the covered loss. We will only pay for your costs to modify or replace undamaged "hardware" or "software" at a premises described in the Declarations. The most we will pay for your costs covered in any one occurrence is $10,000. (4) We will not pay for any loss of or damage to the following property: (a) Property you rent, loan or lease to others while it is away from the described premises; (b) Property you hold for sale, distribute or manufacture except as provided in SECTION I — PROPERTY, A. Coverage, 1. Covered Property, paragraph b.; or (c) "Software" that cannot be duplicated or replaced with similar property of equal quality and/or substantially similar functionality. (5) If we provide Building coverage only, we will only pay for loss to "computer equipment' that service building operations at the described premises and are located at the described premises. (6) The most we will pay for any loss or damage to property described in paragraphs (1) and (2) above, is $35,000 unless a higher Limit of Insurance is shown in the Additional Property Coverage Schedule for Computer Equipment. The most we will pay for Extra Expense is $5,000 unless a higher Limit of Insurance is shown in the Additional Property Coverage Schedule for Extra Expense. (7) The following in SECTION I — PROPERTY, B. Exclusions, paragraph 1. do not apply to this Additional Coverage: (a) b. Earth Movement; and (b) g. Water. (8) Special Computer Equipment Exclusions We will not pay for loss or damage to portable electronic devices when caused by, resulting from, or arising out of "theft' or unexplained loss when the property is checked baggage with a carrier for transit. Portable electronic devices includes laptops, tablets, e- readers, smartphones or other lightweight, hand-held or wearable devices capable of storing, retrieving and processing data. s. Money and Securities (1) We will pay for loss of "money" and "securities": (a) Inside a building at the described premises or "financial institution" resulting directly from "theft' committed by a person present inside a building at the described premises or "financial institution"; (b) Inside a building at the described premises or "financial institution" resulting directly from disappearance or destruction; or (c) Outside of a building at or away from the described premises in the care and custody of a "messenger" or an armored motor vehicle company resulting directly from "theft', disappearance or destruction. (2) For the purposes of this Additional Coverage, all loss: (a) Caused by one or more persons; or (b) Involving a single act or series of related acts; is considered one occurrence. (3) You must keep records of all "money" and "securities" so we can verify the amount of any one loss or damage. (4) The amount payable under this Additional Coverage is additional insurance. 391-1003 08 16 Includes copyrighted material of Insurance services Office, Inc., with its permission. Page 21 of 81