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ENDORSEMENT <br /> issued to PADI WORLDWIDE CORP. <br /> by Lexington Insurance Company <br /> ADDITIONAL INSURED - BLANKET FORM <br /> In consideration of the premium charged, it is understood and agreed that: <br /> 1.) Additional insured coverage is included for any retail dive store (including its owners or <br /> partners), dive boat, Cruise Line, educational institution, marina, government entity or <br /> municipality, swimming pool facility, landlord, property owner, dive resort, hotel or <br /> motel from which an instructor, assistant instructor or dive master operates. However, <br /> this additional insured protection shall in all cases be limited in scope to apply only with <br /> respect to occurrences that result from the negligent acts, errors or omissions of the <br /> Named Insured in connection with the teaching and/or supervising of scuba or <br /> snorkeling activities sanctioned and approved by the Named Insured. <br /> 2.) Other than those entities described in paragraph 1 above, entities are added as an <br /> additional insured if named on a certificate of insurance issued to an insured. However, <br /> this additional insured protection shall in all cases be limited in scope to apply only with <br /> respect to occurrences that result from the negligent acts, errors or omissions of the <br /> Named Insured in connection with the teaching and/or supervising of scuba or <br /> snorkeling activities sanctioned and approved by the Named Insured. <br /> 3.) However, the insurance provided to the additional insured does not apply to: <br /> "Bodily Injury" or "property damage" arising out of a scuba diving training agency's <br /> rendering or failure to render: <br /> 1. Training or educational standards or educational materials to any insured. <br /> 2. Supervision of scuba instructors, dive masters, or assistant instructors. <br /> 4.) It is further understood and agreed that this policy shall not provide coverage for any <br /> occurrence that results from the independent negligent acts, errors or omissions of any <br /> additional insured described in this endorsement. <br /> ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. <br /> AST ZED REPRESENTATIVE <br /> All rights reserved. <br /> MNSCPT <br />