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ZD2 A738713 03 0901489 d. An organization other than a partnership, joint c. Your legal representative if you die, but only venture or limited liability company, you are an with respect to duties as such. That insured. Your "executive officers" and directors representative will have all your rights and are insureds, but only with respect to their duties under this Coverage Part. duties as your officers or directors. Your 3. Any organization you newly acquire or form, other stockholders are also insureds, but only with than a partnership, joint venture or limited liability respect to their liability as stockholders. company, and over which you maintain ownership e. A trust, you are an insured. Your trustees are or majority interest, will qualify as a Named also insureds, but only with respect to their Insured if there is no other similar insurance duties as trustees. available to that organization. However: 2. Each of the following is also an insured: a. Coverage under this provision is afforded only a. Your "employees", other than either your until the 90th day after you acquire or form the "executive officers" (if you are an organization organization or the end of the policy period, other than a partnership,joint venture or limited whichever is earlier; and liability company) or your managers (if you are b. Coverage does not apply to "injury" that a limited liability company), but only for acts occurred before you acquired or formed the within the scope of their employment by you or organization. while performing duties related to the conduct No person or organization is an insured with respect of your business. However, none of these to the conduct of anycurrent orpast partnership, "employees" is an insured for: p p, joint venture or limited liability company that is not shown (1) "Injury": as a Named Insured in the Declarations. (a) To you, to your partners or members (if SECTION III—LIMITS OF INSURANCE you are a partnership or joint venture), 1. The Limits of Insurance shown in the Declarations to your members (if you are a limited and the rules below fix the most we will pay liability company), or to a co-"employee" regardless of the number of: while that co-employee" is either in the course of his or her employment or a. Insureds; performing duties related to the conduct b. Claims made or"suits" brought; or of your business; c. Persons or organizations making claims or (b) To the spouse, child, parent, brother or bringing "suits". sister of that co-"employee" as a 2. The Aggregate Limit is the most we will pay for all consequence of Paragraph (a) above; or "injury" as the result of the selling, serving or (c) For which there is any obligation to furnishing of alcoholic beverages. share damages with or repay someone 3. Subject to the Aggregate Limit, the Each Common else who must pay damages because of Cause Limit is the most we will pay for all "injury" the injury described in Paragraph (a) or sustained by one or more persons or (b) above. organizations as the result of the selling, serving (2) "Property damage"to property: or furnishing of any alcoholic beverage to any one (a) Owned or occupied by; or person. (b) Rented or loaned; The Limits of Insurance of this Coverage Part apply separately to each consecutive annual period and to to that "employee", any of your other any remaining period of less than 12 months, starting "employees", by any of your partners or with the beginning of the policy period shown in the members (if you are a partnership or joint Declarations, unless the policy period is extended venture), or by any of your members (if you after issuance for an additional period of less than 12 are a limited liability company). months. In that case, the additional period will be b. Any person or organization having proper deemed part of the last preceding period for purposes temporary custody of your property if you die, of determining the Limits of Insurance. but only: SECTION IV— LIQUOR LIABILITY CONDITIONS (1) With respect to liability arising out of the 1. Bankruptcy maintenance or use of that property; and (2) Until your legal representative has been Bankruptcy or insolvency of the insured or of the insured's estate will not relieve us of our appointed. obligations under this Coverage Part. CG 00 33 04 13 ©Insurance Services Office, Inc., 2012 Page 3 of 6