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(4) Is subject to the following additional exclusions: <br /> Insurance afforded to the lessor does not apply to: <br /> (a) Any"occurrence" which takes place after the equipment lease expires. <br /> With respect to the insurance afforded to the additional insureds in paragraphs A though E above, the following is <br /> added to Section III-Limits Of Insurance: <br /> The most we will pay on behalf of the additional insured is the amount of insurance: <br /> (1) Required by the contract or agreement; or <br /> (2) Available under the applicable Limits of Insurance shown in the Declarations; <br /> whichever is less. <br /> This provision will not increase the applicable Limits of Insurance shown in the Declarations. <br /> 2. ADDITIONAL INSURED— PRIMARY AND NON—CONTRIBUTORY CLAUSE—AUTOMATIC STATUS <br /> WHEN REQUIRED IN WRITING IN A CONTRACT OR AGREEMENT <br /> A. For any additional insured(s) added by endorsement to this policy, any other insurance available to <br /> such additional insured(s) shall be excess of this insurance and this insurance shall be primary. <br /> B. This endorsement applies to an additional insured only if you have agreed, in writing in a contract or <br /> agreement, to provide primary insurance to such additional insured on a non-contributory basis. You <br /> must retain a written copy of any contract or agreement. <br /> C. When this endorsement applies, it is effective on or after the later of the following dates: <br /> (1) The date the written contract or written agreement is executed; or <br /> (2) The effective date of this endorsement. <br /> D. If, however, the additional insured has other insurance available as an additional insured on any <br /> other insurance policy, this endorsement shall not apply and this insurance shall apply on an excess <br /> basis. <br /> 3. WAIVER OF TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US—AUTOMATIC <br /> STATUS WHEN REQUIRED IN WRITING IN A CONTRACT OR AGREEMENT <br /> The Transfer Of Rights Of Recovery Against Others To Us Condition (SECTION IV—COMMERCIAL <br /> GENERAL LIABILITY CONDITIONS) is amended by the addition of the following: <br /> We waive any right of recovery we may have against a person or organization because of payments we <br /> make for injury or damages arising out of your ongoing operations or"your work" done under a written <br /> contract or written agreement with that person or organization and included in the "products-completed <br /> operations hazard". <br /> This waiver applies only: <br /> (1) To a person or organization with whom you have entered into a written contract or written <br /> agreement prior to a loss; and <br /> (2) When such waiver is effective on or after the later of the following dates: <br /> (a) The date specified in the written contract or written agreement; or <br /> (b) The effective date of this endorsement. <br /> 4. EMPLOYMENT—RELATED PRACTICES—DEFENSE EXPENSE REIMBURSEMENT <br /> The following Supplementary Payments are added to the policy: <br /> A. We agree to reimburse you, up to a total aggregate amount of $5,000, without regard to the <br /> deductible, for the sum of all "employment-related practices liability claims expenses" incurred by <br /> you only if: <br /> (1) The "employment-related practices liability claim(s)" against an insured takes place in the <br /> "coverage territory"; <br /> (2) The "employment-related practices liability claim(s)" against an insured did not commence <br /> before the effective date of this policy or after the end of this policy period and provided further <br /> that prior to the effective date of this policy, no Insured listed under Clause 1. of SECTION II — <br /> WHO IS AN INSURED, and no "employee" authorized by an Insured to give or receive notice of <br /> PC 24 0060 09 14 ©General Star Management Company, Stamford, CT 2014. Page 4 of 5 <br /> Includes copyrighted material of Insurance Services Office, Inc.,with its permission. <br />