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a. An individual, you and your spouse are <br />insureds, but only with respect to the <br />conduct of a business of which you are <br />the sole owner. <br />b. A partnership or joint venture, you are <br />an insured. Your members, your <br />partners and their spouses are also <br />insureds, but only with respect to the <br />conduct of your business. <br />c. A limited liability company, you are an <br />Insured. Your members are also <br />insureds, but only with respect to the <br />conduct of your business. Your <br />managers are insureds, but only with <br />respect to their duties as your <br />managers. <br />d. An organization other than a <br />partnership, joint venture or limited <br />liability company, you are an insured. <br />Your "executive officers" and directors <br />are insureds, but only with respect to <br />their duties as your officers or directors. <br />Your stockholders are also insureds, but <br />only with respect to their liability as <br />stockholders. <br />e. A trust, you are an insured. Your <br />trustees are also insureds, but only with <br />respect to their duties as trustees. <br />2. Each of the following is also an insured: <br />a. Your "volunteer workers" only while <br />performing duties related to the conduct <br />of your business, or your "employees ", <br />other than either your "executive <br />officers" (if you are an organization <br />other than a partnership, joint venture <br />or limited liability company) or your <br />managers (if you are a limited liability <br />company), but only for acts within the <br />scope of their employment by you or <br />while performing duties related to the <br />conduct of your business. However, <br />none of these "employees" or "volunteer <br />workers" are Insureds for: <br />(1) "Bodily injury" or "personal and <br />advertising injury": <br />(a) To you, to your partners or <br />members (if you are a <br />partnership or joint venture), to <br />your members (if you are a <br />limited liability company), or to a <br />co- "employee" while in the <br />course of his or her employment <br />or performing duties related to <br />the conduct of your business, or <br />to your other "volunteer <br />workers" while performing duties <br />related to the conduct of your <br />4 " r 9yer <br />uuce <br />Croup. <br />OB39898816 1001051 <br />business; <br />(b) To the spouse, child, parent, <br />brother or sister of that <br />co- "employee" as a <br />consequence of Paragraph (a) <br />above; <br />(c) For which there is any obligation <br />to share damages with or repay <br />someone else who must pay <br />damages because of the injury <br />described in Paragraphs (a) or <br />(b); or <br />(d) Arising out of his or her <br />providing or failing to provide <br />professional services. <br />(2) "Property damage" to property: <br />(a) Owned, occupied or used by; or <br />(b) Rented to, in the care, custody <br />or control of, or over which <br />physical control is being <br />exercised for any purpose by <br />you, any of your "employees ", <br />"volunteer workers ", any partner <br />or member (if you are a <br />partnership or joint venture), or <br />any member (if you are a limited <br />liability company). <br />b. Any person (other than your "employee" <br />or "volunteer worker "), or any <br />organization while acting as your real <br />estate manager. <br />c: Any person or organization having <br />proper temporary custody of your <br />property if you die, but only: <br />(1) With respect to liability arising out of <br />the maintenance or use of that <br />property; and <br />(2) Until your legal representative has <br />been appointed. <br />d. Your legal representative if you die, but <br />only with respect to duties as such. That <br />representative will have all your rights <br />and duties under this policy. <br />3. Any organization you newly acquire or form, <br />acquire or form, other than a partnership, <br />joint venture or limited liability company, <br />and over which you maintain ownership or <br />majority interest, will qualify as a Named <br />Insured if there is no other similar insurance <br />available to that organization. However: <br />a. Coverage under this provision Is <br />afforded only until the 901° day after you <br />acquire or form the organization or the <br />end of the policy period, whichever is <br />earlier; and <br />391 -1003 06 09 Includes copyrighted material of Insurance Services <br />Office, Inc, with its permission <br />18,001 <br />Page 57 of 66 <br />