JOHNSON FRANK & ASSOCIATES, INC. 7 - 2011

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This endorsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM A. Broad Form Named Insured The following is added to the SECTION N — COVERED AUTOS LIABILITY COVERAGE, Para- graph A.I.VVhm|sAn Insured Provision: Any business entity newly aoqm4nadorformed byyou during the policy period, provided you own fifty percent (5Q94)ormore cfthe business entity and the business entity is not separately insured for Bus- iness Auto Coverage, Coverage is extended uphom maximum of one hundred eighty (180) days following the acquisition or formation of the business entity. This provision does not apply to any person or organization for which coverage is excluded by endorsement. B. Employees As Insureds The following is added to the SECTION O — COVERED AUTOS LIABILITY COVERAGE, Para- graph A.1.WVho|w/4nUmaunmd Provision'. Any "employee" of yours is on "insured" whii|e using a covered "auto" you don't mmn, hire or borrow in your business oryour personal affairs, C. Blanket Additional Insured The following is added to the SECTION U — COVERED AUTOS LIABILITY COVERAGE, Para- graph A.1. Who Is An Insured Provision: Any person mrorgan�zobun that you are required to include as an additional insured on this coverage form in a contract oragreement that is executed by you before the "bodily injury" or "property damage" ocnurm in an "insured" for liability covenage, but only for damages to which this insurance applies and only to the extent that person or organization qualifies as an "insured" under the Who Is An Insured provision contained in SECTION |U — COVERED AUTOS LIABILITY COVERAGE. The insurance provided kzthe additional insured will be on a primary and non-contributory basis No the additional inaurod`m own buamess auto coverage if you one required to do so in acontract oragreement that is executed by you before the "bodily injury~ or property damage" occurs. D. Blanket Waiver Of Subrogation The following is added to the SECTION K/— BUS|- NESS AUTO CONDITIONS, A. Loss Camditioms, 5. Transfer Of Rights Of Recovery Against Others TmOs� VVewaive any right rfrecovery wemay have against any person or organization to the extent required of you by a contract executed prior to any ~aooiden�or ~loss~, provided that the "accident" or "loss" arises out ofthe operations contemplated bysuch contract, The waiver applies only to the person or organization designated insuch contract. E. Employee Hired Autos 1 The following is added to the SECTION U — COVERED AUTOS LIABILITY COVERAGE, Paragraph A.I. Who Is An Insured Prov�sion: An "employee" of yours ls an "insured" while operating an ^ambz hired or rented under e contract or agreement in that "employee's" name, with your permioaion, while performing: duties related tothe conduct ofyour business, 2. Changes In General Conditions: Paragraph 5.1b. of the Other Insurance Con- dition inthe BUSINESS AUTO CONDITIONS io deleted and replaced with the following: b For Hired Auto Physical Damage Coverage, the following are deemed to be covered "autos" you ovvm (1) Any covered "auto" you |eeoe, hire, rent orborrow; and (2) Any covered "auto" hired or rented by your ^employee^under acontract inthat ind�vidus| "employee's" mame, with your permission, while performing duties related to the conduct of your business. However, any ''auto~ that is |eaeed, hired, rented orborrowed with a driver is not acovered ^euto~ F. Fellow Employee Coverage SECTION U — COVERED AUTOS LIABILITY COVERAGE Exclusion B.6. does not apply if you have workers onnnpemamUon insurance in -force covering all ofyour employees. G. Auto Loan Lease Gap Coverage SECTION III — PHYSICAL DAMAGE COVERAGE, C. Limit OfInsurance, is amended bythe oddit�on ofthe following: In the event of a total ^|uas" to a covered "auto" shown in the Schedule nfDeclarations, we will pay any unpaid amount due mn the lease orloan fora covered "auto", less: 1. The amount paid under the PHYSICAL DAMAGE COVERAGE section of the policy-, and 2. Any� a. Overdue |eammHmam payments atthe time of REMEWED BY, ENN|CEHERED��(pG��F< Page 2of6 2 7zrn 1 12/1. 16swov oos.�C,^mC Iy 12/*2~15 ,^.,�i.m R� 'M. | parj" 4 "� ,