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ACIRE, INC.-2013
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Last modified
4/23/2021 2:37:38 PM
Creation date
7/22/2013 2:26:41 PM
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Contracts
Company Name
ACIRE, INC.
Contract #
A-2013-087
Agency
PUBLIC WORKS
Council Approval Date
6/3/2013
Insurance Exp Date
7/6/2017
Destruction Year
0
Document Relationships
ACIRE, INC. (2)-2017
(Amended By)
Path:
\Contracts / Agreements\A
ACIRE, INC. 1A
(Amended By)
Path:
\Contracts / Agreements\A
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(8) Recall of "your products" that have <br />no known or suspected defect <br />eu|e|y because a known or <br />suspected defect in another of <br />"your products" has been found. <br />b. Under SECTION || - LIABILITY, C. Who <br />Is An |neunad. paragraph 4.c. is added <br />as follows: <br />o. "Bodily injury" or "property damage" <br />do not apply to "product naoaU <br />expense" arising out of any <br />withdrawal or recall that occurred <br />before you acquired or formed the <br />organization. <br />u. Under SECTION || ' LIABILITY, E. <br />Liability and Medical Expense General <br />Conditiona, 2. Duties in the Event of <br />Occurrence, Offense, Claim or Suit, <br />paragraph e. is added as follows: <br />e. You must see to it that the following <br />are done inthe event ofan uciuo| or <br />anticipated "covered recall" that <br />may result in "product recall <br />expense": <br />(i) Give us prompt notice of any <br />discovery or notification that <br />,.your product" must be <br />withdrawn orrecalled. Include <br />description of "your product" <br />and the reason for the <br />withdrawal orrecall; <br />(2) Cease any further re|ooae, <br />ohipment, consignment or any <br />other method of distribution of <br />like or similar products until it <br />has been determined that all <br />such products are free from <br />defects that could be cause of <br />loss under this insurance. <br />d. Under SECTION |} - LIABILITY, F. <br />Liability and Modkm| Expenses <br />Definitions, the following additional <br />definitions are added: <br />"Covered recall" means a recall made <br />necessary because you uragovernment <br />body has determined that m known or <br />suspected defeot, deficiency, <br />inadequacy, dangerous condition in <br />"your product" has naou|had or will result <br />in"bodi|v iniurv" or"onuoe�dvamaoe" <br />printed advertisements including <br />stationary, envelopes and <br />postage; <br />�) Shipping the recalled rod �a <br />from any purchaser, distributor <br />or user to the place or p|aoan <br />designated byyou; <br />�) Remuneration paid to your <br />regular "employees" for <br />necessary overtime; <br />NU Hiring additional other <br />than your regular "mmp|oyeeo"; <br />�) incurred by <br />"employees" including <br />transportation and. <br />accommodations; <br />KB Expenses to rent additional <br />warehouse orstorage space; <br />�) Disposal of product", produ�. but <br />only to the extent that specific <br />methods of destruction other <br />than those employed for trash <br />discarding or disposal are <br />required to id "bodily injury"or'pnope�ydamago^ as result <br />ofsuch disposal, <br />you i oxcuakm|yfor the purpose <br />of recalling product"; "your and <br />b.Your lost profit resulting from such <br />"covered recall". <br />o. Under SECTIONU - LIABILITY, O. <br />Liability and Medical Expenses Limits of <br />Insurance, the following isadded: <br />5. The Limits of Insurance and rules <br />stated below fix the most that we <br />wi|| pay under this Product Recall <br />Expense Coverage. <br />(1) The Aggregate Limit is the most <br />that we will reimburse you for <br />the sum of all "product recall <br />expenuae" incurred for all <br />"product recall expenses" <br />initiated duhngthe policy period. <br />�) The Occurrence Limit shown on <br />the Summery of Coverages is <br />the most we will pay in <br />connection with any one dmfo/i <br />or deficiency. <br />�` --�-~- bA All "product recall <br />"Product recall expenae(s)"means: expenses" in connection <br />o. Necessary and reasonable expenses with substantially the same for:general harmful condition <br />will bmdeemed tuarise out <br />(1) CommunioaUonu, including radio of the same defect or <br />urtelevision announcements or '/ deficiency and considered <br />/ /one"occurrenco" <br />381-1008 06 09 Includes copyrighted material of Insurance Services Office. Inc. Page of 5 <br />
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