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Attachment Code: D669584 Certificate ID: 19208445 b. When a written contract or written agreement does not require this insurance to be primary or primary and non-contributory, this insurance is excess over any other insurance for which the Additional Insured is designated as a Named Insured. c. Regardless of the written contract or written agreement between you and an Additional Insured, this insurance is excess over any other insurance whether primary, excess, contingent or any other basis for which the Additional Insured has been added as an additional insured on other policies. d. If coverage provided to the additional insured is required by a written contract or written agreement, the most we will pay on behalf of the additional insured is the amount of insurance: (1) Required by the written contract or written agreement; or (2) Available under the applicable Limits of Insurance show in the Declarations; whichever is less. C. Leased Auto Coverage With respect to insurance provided to an Additional Insured who is a lessor of a"leased auto" the following provisions apply: (1)Section II—Covered Autos Liability Coverage, Paragraph A. is amended by adding the following: a. Any"leased auto" designated or described in the Schedule will be considered a covered"auto' you own and not a covered"auto'you hire or borrow. b. For a covered "auto"that is a"leased auto"Who Is An Insured is changed to include as an "Insured"the lessor. c. The coverages provided under this endorsement apply to any "leased auto" described in the Schedule until the expiration date shown in the Schedule, or when the lessor or his or her agent takes possession of the"leased auto,"whichever occurs first. (2) Section IV— Business Auto Conditions, Paragraph A.4. Physical Damage Coverages is amended by adding the following: d. Pay, as interest may appear, you and the lessor for"loss"to a"leased auto." (1) This insurance covers the interest of the lessor unless the "loss" results from fraudulent acts or omissions on your part. (2) If we make any payment to the lessor, we will obtain his or her rights against any other party. (1) Section V—Definitions is amended by adding the following definition: "Leased auto" means any "auto' leased or rented to you including any substitute, replacement or extra "auto' needed to meet seasonal or other needs, under a leasing or rental agreement that requires you to provide direct primary insurance for the lessor. D. Owned Subsidiaries and Newly Acquired or Formed Organizations Section II -Covered Autos Liability Coverage, Paragraph A.1.c. is deleted and replaced the following: c. Any subsidiary which is a legally incorporated entity of which you maintain ownership or majority interest on the effective date of this Coverage Form, except: CA 83 63 03 23 Includes material copyrighted by Insurance Services Office, Inc., with Page 3 of 9 its permission