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Subject to Paragraphs 2., 3., and 5. of Section III — Limits Of Insurance, the most we will pay for insurance provided by Paragraph A. above is: $10,000 Each occurrence Limit $75,000 Aggregate Limit The Each Occurrence Limit for this coverage applies to all damages as a result of any one "occurrence" regardless of the number of persons or organizations who sustain damage because of that"occurrence", The Aggregate Limit is the most we will pay for the sum of ail damages under this Item 12. D. Other Insurance This insurance does not apply to any portion of a loss for which the insured has availabte any other valid and collectible insurance, whether primary, excess, contingent, or on any other basis, unless such other insurance was specifically purchased by the insured to apply in excess of this policy. Item 13. Mobile Equipment Redefined The definition of"mobile equipment" in Section V— Definitions is amended to include self-propelled vehicles with permanently attached equipment less than 1000 pounds gross vehicle weight that are primarily designed for: (1) Snow removal; (2) Road maintenance, but not construction or resurfacing; or (3) Street cleaning. Item 14, Newly Formed Or Acquired Entities A. Paragraph 3.of Section 11—Who Is An Insured is replaced by the following: 3. Any organization you newly acquire or form, other than a partnership or joint venture, and over which you maintain majority ownership or majority interest,will qualify as a Named Insured if there is no other similar insurance available to that organization. However: a. Coverage under this provision is afforded only until: (1) The 180th day after you acquire or form the organization; (2) Separate coverage is purchased for the organization; or (3) The end of the policy period whichever is earlier; b. Section I —Coverage A—Bodily Injury And Property Damage Liability does not apply to"bodily injury" or"property damage"that occurred before you acquired or formed the organization;and c. Section I — Coverage B — Personal And Advertising Injury Liability does not apply to "personal and advertising injury" arising out of an offense committed before you acquired or formed the organization. B. The insurance afforded to any organization as a Named Insured under this Item 14. does not apply if a Broad Form Named Insured endorsement attached to this policy applies to that organization. o rZ+MEItW&APPROVED By. x & LC 04 46 0117 O 2016 Liberty Mutual Insurance Risk Management spe4alm Includes copyrighted material of Insurance Services Office, Inc.,with its permis 54