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10. <br /> <br />Liability of a COVERED INDIVIDUAL (a) arising in whole or in part out of a <br />COVERED INDIVIDUAL'S obtaining remuneration or financial gain to which the <br />COVERED INDIVIDUAL was not legally entitled or (b) arising out of the willfull vio- <br />lation of any al~piicable law or other regulation committed.by, or with the know- <br />ledge or consent of any Insured. <br /> <br />To any Liability arising out of estimates of probable costs or cost estimates being <br />exceec~ed or faulty preparation of bid specifications or plans including architec- <br />tural plans; <br /> <br />Failure to perform, or breach of, a contractual obligation; <br /> <br />!.Jability ir'n0osed under the Employee Retirement Income Security Act of 1974 <br />(ERISA), as may be amended from time to time. <br /> <br />Liability imposed under the Consolidated Omnibus Budget Reconciliation Act of <br />1985 (COBRA), as may be amended from time to time. <br /> <br />BICEP 319188 ~'-7 <br /> <br /> <br />