NVL Laboratories Inc. 12/27/2016

2. Actual Cash Value, or Any unintentional failure to disclose all exposures 3. The cost of repair. or hazards existing as of the effective date of the Business Auto Coverage Form or at any time dur- The deductible will be equal to the largest de- ing the policy period will not invalidate or adversely ductible applicable to any owned "auto" for that affect the coverage for such exposure or hazard. coverage. No deductible applies to "loss" caused However, you must report the undisclosed expo- by fire or lightning. This Hired Auto Physical Dam- sure or hazard to us as soon as reasonably pos- age coverage is excess over any other collectible sible after its discovery. insurance. Subject to the above limit, deductible T. EXTENDED EMPLOYEE HIRED AUTO PHYSI- and excess provisions, we will provide coverage equal to the broadest coverage applicable to any CAL DAMAGE covered "auto"you own. Paragraph B.5.b. Other Insurance of SECTION Q. DUTIES IN EVENT OF ACCIDENT, CLAIM, SUIT IV — BUSINESS AUTO CONDITIONS is deleted OR LOSS and replaced by the following: Subparagraphs A.2.a. of SECTION IV — BUSI- b. For Hired Auto Physical Damage Cover- NESS AUTO CONDITIONS is deleted and re- age, the following are deemed to be cov- placed by: ered "autos"you own: a. In the event of "accident", claim, "suit" or 1. Any covered "auto" you lease, hire, "loss", you, your insurance manager or any rent or borrow; and other person you designate must give us or 2. Any covered "auto" hired or rented by our authorized representative prompt notice of your "employee" under a contract in such "accident" or"loss". Include: that individual "employee's" name, (1) How, when and where the "accident" or with your permission, while perform- "loss" occurred; ing duties related to the conduct of (2) The "insured's" name and address; and your business. However, any "auto" that is leased, hired, rented (3) To the extent possible, the names and or borrowed with a driver is not a covered "auto". addresses of any injured persons and witnesses. U. POLICY PERIOD, COVERAGE TERRITORY Knowledge of an "accident" or "loss" by your Paragraph B.7. Policy Period, Coverage Terri- agent, servant or "employee" shall not be consid- ered knowledge by you unless you, your insur- DITIONS is deleted and replaced by: ance manager or any other person you designate 7. Policy Period, Coverage Territory has received notice of the "accident" or "loss" Under this Coverage Form, we cover "acci- from your agent, servant, or"employee." dents" and "losses" occurring: R. WAIVER OF SUBROGATION a. During the policy period shown in the SECTION IV — BUSINESS AUTO CONDI- Declarations; and TIONS— A. 5. Transfer of Rights of Recovery b. Within the coverage territory. Against Others to Us is amended as follows: The coverage territory is: This condition does not apply to any person or or- ganization to which you waived this condition by a. The United States of America; written contract or agreement, but only to the ex- b. The territories and possessions of the tent that subrogation is waived prior to the "acci- United States of America; dent" or "loss" under a contract with that person or c. Puerto Rico; organization. S. UNINTENTIONAL FAILURE TO DISCLOSE d. Canada; and HAZARDS e. Anywhere in the world if: Paragraph B.2. Concealment, Misrepresenta- (1) A covered "auto" is leased, hired, tion Or Fraud in SECTION IV — BUSINESS rented or borrowed for a period of 30 AUTO CONDITIONS is amended by adding the days or less; and following: Includes copyrighted material of Insurance Services Office, Inc., CA 79 10 01 10 with its permission. Page 5 of 6