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SELECTRON TECHNOLOGIES, INC. 1
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Last modified
2/6/2017 10:33:54 AM
Creation date
2/1/2017 11:05:15 AM
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Contracts
Company Name
SELECTRON TECHNOLOGIES, INC.
Contract #
A-2014-274-1
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
10/21/2014
Expiration Date
11/17/2017
Insurance Exp Date
1/31/2017
Destruction Year
0
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i, <br />5, To any: <br />i'. <br />(a) Lessor of equipment after the equipment lease terminates or expires; or <br />(b) Owners or other interests from whom land has been leased; or <br />(e) Managers or lessors of premises if: <br />(1) The "occurrence" takes place after you cease to be a tenant In that premises; or <br />(2) The "bodily injury", "property damage", "personal and advertising injury" arises out of structural <br />alterations, new construction or demolition operations performed by or on behalf of the manager <br />or lessor, <br />c. Limits of Insurance applicable to the additional insured are those specified in the contract, agreement or <br />permit or in the Declarations of this policy, whichever is less, and fix the most we will pay regardless of the <br />number of: <br />1. Insureds; a <br />2. Claims made or "suits" brought; or <br />3. Persons or organizations making claims or bringing "suits", <br />These Limits of Insurance are Inclusive of and not in addition to the Limits of Insurance shown in the <br />Declarations. <br />3. AGGREGATE LIMIT PER LOCATION <br />a. Under Section 111ā Limits of Insurance, the General Aggregate Limit applies separately to each of your <br />"locations" owned by or rented or leased to you. <br />b, Under Section Vā Definitions, the following definition is added: <br />"Location" means premises involving the same or connecting lots, or premises whose connection is <br />interrupted only by a street, roadway, waterway or right-of-way of a railroad. <br />4. BLANKET WAIVER OF SUBROGATION <br />Section IV - Transfer of Rights of Recovery Against Others to Us Condition is amended to add the <br />following: <br />We will waive any right of recovery we may have against any person or organization because of payments we <br />make for Injury or damage arising out of your ongoing operations done under a written contract or agreement with <br />that person or organization and included in "your work" or the "products -completed operations hazard". This <br />waiver applies only to persons or organizations with whom you have a written contract, executed prior to the <br />"bodily injury" or "property damage", that requires you to waive your rights of recovery. <br />5. BODILY INJURY REDEFINED ā MENTAL ANGUISH <br />Under Section V, the definition of "bodily injury" Is replaced by the following: <br />"Bodily Injury" means bodily injury, sickness, or disease sustained by a person, including mental anguish or <br />death resulting from any of these at any time. <br />6. BROADENED NAMED'INSURED <br />Section II - Who Is An Insured is amended to Include as an insured the following <br />Any organization which is a legally incorporated entity in which you own a financial interest of more than 50 <br />percent of the voting stock on the effective date of this endorsement will be a Named Insured until the 1 Both <br />day or the end of the policy period, whichever comes first, provided there is no other similar Insurance <br />avallable to that organization. <br />The insurance afforded herein does not apply to any entity which is also an insured under another policy or <br />would bean insured under such policy but for its termination or the exhaustion of Its limits of insurance. <br />VCG 207 1119 Includes copyrighted material of Insurance services office, Inc, page a ore <br />Copyright, Oneaeacon Insurance Group Lt -C <br />
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