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<br />Conditions <br /> <br />Other Insurance <br />(continued) <br /> <br />PremiumAudit <br /> <br />Separation Of Insureds <br /> <br />Liabi!;ty fnsuranC8 <br />Form 80-02-20IXXRev 4 01) <br /> <br />General Liability <br /> <br />Econolite Control Products, Inc. <br />Econolite Trafffie Engineering & <br />Maintenance, Inc. <br />California Chassis. Inc. <br />Policy #35818716 <br />04/27/05 to 04/27/06 <br /> <br />D. <br /> <br />that is insurance: <br /> <br />I. provided to you by any person or organization working under contract or agreement <br />for you: or <br /> <br />2. under which you arc included as an insured; or <br /> <br />E. that is. insurance under any Properly section of this policy_ <br /> <br />\Vhcn this insurance is excess, we will have no duty to defend the insured against any suit if any <br />other insurer has a duty to defend stich insured against such suit. lfno other insurer defends, we <br />will undertake to do so, hut we will be entitled to the insurcd'srightsagainsl allthosc other <br />insurers. <br /> <br />\Vhcn this insurance is excess over other insurance. we will pay only our share of the amount of <br />Joss, if .U1Y. that exceeds lhe swn of the total: <br /> <br />amount that all other insurance would pay thr loss in the absence orthis insurance; and <br /> <br />of all deductible tUld sclf'insurcdunounts under all other insurance. <br /> <br />We will share the remaining loss. ifany, ",th any other insurance that is not desorillt.'d in this <br />Excess Insurance provision and was not negotiated speeifieallylo apply in excess of the LimitsOf <br />Insurance shown llllhe Declarations of this insurdIlcc. <br /> <br />Method of Sharing <br /> <br />I I" all ol"the nther insurance permits contribution by equal shares. we will follow this method also. <br />Under this metltod each insurer contrihutesequal amounts until it has paid its applicable limits of <br />insurance or none of the loss rcmaills, whichever COffi(..'S tirst. <br /> <br />I r any or the other insurance docs not permit contribution by equal shan.."'S, we will contribute by <br />limits. Under this method, each insurer's.'iharc is ba..'icd on the ratio or its applicable limits of <br />insurance 10 the total applicable limits of insurance of all insurers. <br /> <br />We will compute all premiums for this insunmcc in accordance with our rules and rates. <br /> <br />In accordance with the Estimated Premiums secti on of the Premium Summary, premiumssho\\TI <br />with an asterisk (* J arc estimated prt:mhuns.md arc subject to audit. <br /> <br />In addition to or in lieu of such designation in the Premium Summary, premiums may be dcsignated <br />a'i estimated premiumselscwhcre in this policy. In that case. these premiums will also be subject to <br />audit, and the second paragnlph of the Estimated Prcmiumsscction of the Premium Summary will <br />apply. <br /> <br />Ext.'cpt with resfx.'ct to the Limits Orlnsurance. and any rights or duties spceifi(;ally a'isigned in this <br />insuralll:t.: tn the Jirst named insured, this insurance applies: <br /> <br />as if each named insured were the only named insured; and <br /> <br />separately to each insured against whom claim is made or suit is brought. <br /> <br />f53 t/ff <br /> <br />Contract <br /> <br />Page 23 of 32 <br />