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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br /> NAMED INSURED ENDORSEMENT <br /> This endorsement modifies insurance provided under the following: <br /> BUSINESS AUTO COVERAGE FORM <br /> GARAGE COVERAGE FORM <br /> MOTOR CARRIER COVERAGE FORM <br /> TRUCKERS COVERAGE FORM <br /> With respect to coverage provided by this endorsement,the provisions of the Coverage Form apply unless modified <br /> by this endorsement. <br /> 1. The term Named Insured includes, in addition to the person or organization named in Item 1 of the <br /> declarations (hereafter First Named Insured), any person or organization listed in the schedule of this <br /> endorsement, but only while the First Named Insured owns an interest therein of more than 50% (fifty <br /> percent).No person or organization is a Named Insured with respectto"loss"that occurred prior to the First <br /> Named Insured's ownership interest of more than 50% (fifty percent). <br /> 2. No person or organization which becomes a Named Insured by virtue of this endorsement is an insured <br /> with respect to any partnership,joint venture or limited liability company in which it has an interest, unless <br /> such partnership,joint venture or limited liability company is specifically named in the schedule. <br /> 3. The First Named Insured is authorized to act and agrees to act on behalf of all persons or organizations <br /> insured under this policy with respect to all matters pertaining to the insurance afforded by the policy. <br /> Schedule <br /> Named Insureds: <br /> ADS LLG <br /> ADS Corp. <br /> AC 8413 0111 Copyright 2010, Liberty Mutual Group of Companies. All rights reserved. Page I of 2 <br />