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PROOF OF INSURANCE (2015) CLOSEDCERTIFICATE OF LIABILITY INSURANCE DATE (MMIDD/YYYY) 12/3/2014 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCERCONTACT ABD Insurance & Financial Services NAME Cert Request ... .,,, 3 Waters Park Drive Suite 100 iR /c 3 a,.50), _ 650 E38 X565 -.. FAx San Mateo, CA 94463 E -MAIL. www.theabcfteam.com INSURED Hightail Inc. formerly Yousendit, Inc. 1919 S. Basom Avenue 3rd Floor Campbell CA 95008 COVERAGES CERTIFICATE NUMBER: 22632052 REVISION NUMBER: NAIC # ...... _._ THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS, iNSR -, ...... AOOL9'f . ".......,....POLICYEFF ",.. ....... .. POLICY EXP LTR TYPE OF INSURANCE INSD WVQ POLICY NUMBER jMMLQR0= MMIDD/YYYY LIMITS A Vr' COMMERCIAL GENERAL LIABILITY ✓ 711 -01 -28-00 -0004 1211/2014 12/1/2015 EACH OCCURRENCE $ 1,000,000 1 �.,/.. �h" �F1L�. .,,, ... .... ... 1,000.000 CLAIMS -MADE OCCUR _ FT EPI! 9.$., LEs_ rmcu�r cerurre,)$...,....... MED EXP (And one person) $ 10.000 .. IzLRSC1NAL & ADV IN,ILIhiY $ 1,000.000 GENT AGGREGATE LIMIT APPLIES PER GENERAL AGGREGATE $ 2.000.000 PRO- ✓ POLICY [--] JECT 11 LOG PRODUCTS - COMP /OP AGG 00 $ 2 0 000 11 OTHek $ AUTOMOBILE LIABILITY COMBINED SINUIT LIMIT _ d .: a accrdeno. $ ANY AUTO BODILY INJURY (Per person) $ ........ ALL OWNED ,_.......'.. SCHEDULED ...... ...... ....... BODILY INJURY (Per accident) $ AUTOS ,a AUTOS NON -OWNED PROPERTY'DAMAGE $ HIRED AUTOS AUTOS (Per accident) UMBRELLA LIAB OCCUR EACH OCCURRENCE ...$ $ ............. �[_DED EXCESS LIAB CLAIMS -MADE ,. ®..... ... E AGGREGATE .. ...... ... .. ............. f 1 TION $ RETENTION $ A WORKERS COMPENSATION 406-03-78 -49 -0004 12/1/2014 1211/2015 ;TATIITE OTH AND EMPLOYERS' LIABILITY Y / N - ✓ ANY PROPRIETOR/PARTNERIEXECUTIVE E L. EACH ACCIDENT $ 1,000,000 OFFICER /MEMBER EXCLUDED? (Mandatory in NH) N I A E L DISEASE - EA EMPLOYEE $ 1.000,000 ,. ..... ..... "... .... ...,,... If yes, describe under DESCRIPTION OF OPERATIONS below ........ ....... ....... ........ EL DISEASE -POLICY LIMIT $ 1,000,000' B Errors & Omissions W123DSW301 1211/2014 12/1/2015 Limit: $5,000,000 Deductible: $50,000 DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more space is required) Re: All operations of the Named Insured. City of El Segundo, its officials and employees are additional insureds to General Liability per attached form #VCG 205 07 09- CERTIFICATE HOLDER C of EIS undo SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN 350 Main St., ACCORDANCE WITH THE POLICY PROVISIONS. El Segundo, CA 90245 -3895 AUTHORIZED REPRESENTATIVE Rod Sockolov V, ._ ©1988 -2014 ACORD CORPORATION. All rights reserved. ACORD 25 (2014/01) The ACORD name and logo are registered marks of ACORD QERT No.. 22532052 Patra 13D 12/3/2014 2.25.26 Pit tPSTD Page 1 of 9 711 -01 -28-00 -0004 Hightail Inc. 12/3/2014 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. @VANTAGE FOR GENERAL LIABILITY This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE FORM The following schedule lists the coverage extensions provided by this endorsement. Refer to the individual provi- sions to determine the extent of your coverage. SCHEDULE OF COVERAGE EXTENSIONS 1. Additional Insured — Broad Form Vendors 10. Coverage Territory — Worldwide 2. Additional Insured — by Contract, Agreement or 11. Duties in Event of Occurrence, Claim or Suit Permit relating to: 12. Expected or Intended Injury (PD) o Work performed by you 13. Incidental Medical Malpractice o Premises you own, rent, lease or occupy 14. Medical Payments o Equipment you lease 15. Mobile Equipment Redefined 3. Aggregate Limit Per Location 4. Alienated Premises 5. Blanket Waiver of Subrogation 6. Bodily Injury Redefined- Mental Anguish 7. Broadened Named Insured 8. Broadened Property Damage o Borrowed Equipment o Customers' Goods o Use of Elevators 9. Broadened Property Damage Rented Premises 1. ADDITIONAL INSURED— BROAD FORM VENDORS 16. Newly Formed or Acquired Organizations 17. Non -Owned Aircraft 18. Non -Owned Watercraft 19. Personal and Advertising Injury — Non Employment Related Discrimination 20. Personal Injury — Limited Contractual Liability Coverage 21. Product Recall Expense 22. Supplementary Payments Increased Limits Section II — Who Is An Insured is amended to include as an additional insured any person(s) or organization(s) (referred to below as vendor) with whom you agreed in a written contract or agreement to provide insurance, but only with respect to "bodily injury" or "property damage" arising out of 'your products" which are distributed or sold in the regular course of the vendor's business, subject to the following additional exclusions: a. This provision 1. does not apply to: (1) "Bodily injury" or 'property damage" for which the vendor is obligated to pay damages by reason of the assumption of liability in a contract or agreement. This exclusion does not apply to liability for damages that the vendor would have in the absence of the contract or agreement; (2) Any express warranty not authorized by you; (3) Any physical or chemical change in the product made intentionally by the vendor; (4) Repackaging, except when unpacked solely for the purpose of inspection, demonstration, testing or the substitution of parts under instructions from the manufacturer, and then repackaged in the original con- tainer, (5) Any failure to make such inspections, adjustments, tests or servicing as the vendor has agreed to make or normally undertakes to make in the usual course of business, in connection with the distribution or sale of the products; (6) Demonstration, installation, servicing or repair operations, except such operations performed at the ven- dor's premises in connection with the sale of the product; (7) Products which, after distribution or sale by you, have been labeled or relabeled or used as a container, part or ingredient of any other thing or substance by or for the vendor, or VCG 205 07 09 Indudes copyrighted material of Insurance Services Office, Inc. Pagel of8 Copyright 2009, OneBeacon Insurance Group LLC CENT NO--- 22532 052 Pats Q39 12/3120 14 2m25z26 M kPSTb Page 2 of 9 E—INSURED (8) "Bodily injury" or "property damage" arising out of the sole negligence of the vendor for its own acts or omissions or those of its employees or anyone else acting on its behalf. However, this exclusion does not apply to: (a) The exceptions contained in Subparagraphs 4. or 6.; or (b) Such inspections, adjustments, tests or servicing as the vendor has agreed to make or normally un- dertakes to make in the usual course of business, in connection with the distribution or sale of the prod ucts. (9) Any vendor, person or organization if the "products- completed operations hazard" is excluded either by the provisions of the Coverage Form or by endorsement. b. This insurance does not apply to any insured person or organization, from whom you have acquired such products, or any ingredient, part or container, entering into, accompanying or containing such products. 2. ADDITIONAL INSURED — CONTRACT, AGREEMENT OR PERMIT a. Section II — Who Is An Insured is amended to include as an additional insured any person(s) or organize - tion(s) with whom you agreed in a written contract, written agreement or permit to provide insurance such as is afforded under this Coverage Part, but only with respect to liability for "bodily injury", "property damage" or "personal and advertising injury" caused, in whole or in part, by your acts or omissions or the acts or omis- sions of those acting on your behalf. 1. In the performance of 'your work" for the additional insured(s) at the location designated in the contract, agreement or permit; or 2. In the maintenance, operation or use of equipment leased to you by such person(s) or organization (s), or 3. In connection with premises you own, rent, lease or occupy. This insurance applies on a primary or primary and non - contributory basis if that is required in writing by the contract, agreement or permit. b. The insurance provided to the additional insured herein is limited. This insurance does not apply: 1. Unless (a) the written contract, agreement or permit is currently in effect or becomes effective during the term of this policy; and (b) the contract or agreement was executed or permit issued prior to the "bodily injury", "property dam- age", or "personal and advertising injury'; 2. To any person or organization included as an insured under the Additional Insured — Broad Form Ven- dors provision of this endorsement; 3. To any person or organization included as an insured by an endorsement issued by us and made part of this Coverage Part; 4. To any person or organization if the "bodily injury", "property damage ", or "personal and advertising in- jury" arises out of the rendering of or failure to render any professional architectural, engineering or sur- veying services by or for you including: (a) The preparing, approving, or failing to prepare or approve, maps, shop drawings, opinions, reports, surreys, field orders, change orders or drawings and specifications; or (b) Supervisory, inspection, architectural or engineering activities. 5. To any: (a) Lessor of equipment after the equipment lease terminates or expires; or (b) Owners or other interests from whom land has been leased; or (c) Managers or lessors of premises if. (1) The "occurrence" takes place after you cease to be a tenant in that premises; or (2) The 'bodily injury", "property damage ", "personal and advertising injury" arises out of structural alterations, new construction or demolition operations performed by or on behalf of the manager or lessor. 6. To "bodily injury, or "property damage" occurring after. (a) All work on the project (other than service, maintenance or repairs) to be performed by or on behalf of the additional insured at the site of the covered operations has been completed; or Page 2 of Includes copyrighted material of Insurance Services Office, Inc. VCG 205 07 09 CopVynQqht 2009, OneBeacon Insurance Group LLC 'fl° r: 22532052 Para (3) 121312 019 2.25:26 P" �(PS:'H Page 3 of 9 (b) That portion of 'your work" out of which the injury or damage arises has been put to its intended use by any person or organization other than another contractor or subcontractor engaged in perform ing operations for a principal as part of the same project. c. Limits of Insurance applicable to the additional insured are those specified in the contract, agreement or permit or in the Declarations of this policy, whichever is less, and fix the most we will pay regardless of the number of. 1. Insureds; 2. Claims made or "suits" brought; or 3. Persons or organizations making claims or bringing "suits ". These Limits of Insurance are inclusive of and not in addition to the Limits of Insurance shown in the Declarations. 3. AGGREGATE LIMIT PER LOCATION a. Under Section III — Limits of Insurance, the General Aggregate Limit applies separately to each of your "locations" owned by or rented or leased to you. b. Under Section V— Definitions, the following definition is added: "Location" means premises involving the same or connecting lots, or premises whose connection is in- terrupted only by a street, roadway, waterway or right -of -way of a railroad. 4. ALIENATED PREMISES Paragraph j. (2) of 2. Exclusions of COVERAGE A — BODILY INJURY AND PROPERTY DAMAGE LIABIL- ITY is deleted and replaced with the following: (2) Premises you sell, give away or abandon, if the "property damage" arises out of any part of those prem- ises and occurs from hazards that were known to you or should have been known to you, at the time the property was transferred or abandoned. 5. BLANKET WAIVER OF SUBROGATION Section IV — Transfer of Rights of Recovery Against Others to Us Condition is amended to add the following: We will waive any right of recovery we may have against any person or organization because of payments we make for injury or damage arising out of your ongoing operations done under a written contract or agreement with that person or organization and included in 'your work" or the 'products -completed operations hazard ". This waiver applies only to persons or organizations with whom you have a written contract, executed prior to the 'bod- ily injury" or "property damage ", that requires you to waive your rights of recovery. 6. BODILY INJURY REDEFINED— MENTAL ANGUISH Under Section V —Definitions, the definition of 'bodily injury" is replaced by the following: "Bodily injury" means bodily injury, sickness, or disease sustained by a person, including mental anguish or death resulting from any of these at any time. 7. BROADENED NAMED INSURED Section II — Who Is An Insured is amended to include as an insured the following: Any organization which is a legally incorporated entity in which you own a financial interest of more than 50 percent of the voting stock on the effective date of this endorsement will be a Named Insured until the 180`h day or the end of the policy period, whichever comes first, provided there is no other similar insurance avail- able to that organization. The insurance afforded herein does not apply to any entity which is also an insured under another policy or would be an insured under such policy but for its termination or the exhaustion of its limits of insurance. 8. BROADENED PROPERTY DAMAGE —BORROWED EQUIPMENT, CUSTOMERS' GOODS AND USE OF ELEVATORS The insurance for "property damage" liability is subject to the following: a. The Damage To Property exclusion under Section I Coverage A is amended as follows: 1. The exclusion for personal property in the care, custody or control of the insured does not apply to "property damage" to equipment you borrow while at a job site and provided it is not being used by anyone to perform operations at the time of loss. VCG 205 07 09 Indudes copyrighted material of Insurance Services Office, Inc. Page 3 of 8 Copyright 2009, OneBeacon Insurance Group LLC CERT PAID- 22'5:32052 Pafra. SAD 1243/2®14 2.25.26 PM (PST) Pa 4 of 9 2. The exclusions for (a) Property loaned to you; (b) Personal property in the care, custody or control of the insured; and (c) That particular part of any property that must be restored, repaired or replaced because 'your work" was incorrectly performed on it do not apply to "property damage" to "customers' goods" while on your premises nor do they apply to "property damage" arising from the use of elevators at premises you own, rent, lease or occupy. Subject to the Each Occurrence Limit, the most we will pay for "property damage" to "Customers' Goods" is $35,000 per "occurrence ". b. Under Section V— Definitions, the following definition is added: 'Customers' Goods" means goods of your customer on your premises for the purpose of being: 1. Repaired; or 2. Used in your manufacturing process. c. The insurance afforded by this provision is excess over any other valid and collectible property insurance (including any deductible) available to the insured whether such insurance is primary, excess, contingent or on any other basis. Any payments by us will follow the Other Insurance — Excess provisions in the COMMERCIAL GENERAL LIABILITY CONDITIONS. 9. BROADENED PROPERTY DAMAGE— RENTED PREMISES a. In the Damage To Property exclusion under Section I Coverage A, the exclusion for "property damage" to: Property you own, rent or occupy; does not apply to real property you rent or temporarily occupy with permission of the owner. b. In Section III — Limits Of Insurance, the Damage To Premises Rented To You Limit is amended as follows: Subject to the Each Occurrence Limit, $500,000 is the most we will pay under Coverage A for damages be- cause of "property damage" to any one premises while rented to you or occupied by you with permission of the owner. If any amount other than $500,000 is shown in the Declarations as the Damage To Premises Rented To You Limit, the amount shown in the Declarations will replace $500,000 as the Limit of Insurance provided for this coverage. c. The insurance afforded by this Provision 9. is excess over any other valid and collectible property insurance (including any deductible) available to the insured whether such insurance is primary, excess, contingent or on any other basis. Any payments by us will follow the Other Insurance — Excess Insurance provisions in the COMMERCIAL GENERAL LIABILITY CONDITIONS. 10. COVERAGE TERRITORY — WORLDWIDE The definition of "coverage territory" is replaced by the following: 'Coverage territory" means anywhere provided the insured's responsibility to pay damages must be de- termined in a settlement we agree to or in a "suit" on the merits brought within the United States of Amer- ica (including its territories and possessions), Puerto Rico or Canada. 11. DUTIES IN THE EVENT OF OCCURRENCE, OFFENSE, CLAIM OR SUIT Section IV — Duties In The Event Of Occurrence, Claim or Suit is amended by adding the following para- graphs: a. The requirements that you must 1. notify us of an "occurrence" offense, claim or "suit" and 2. send us documents concerning a claim or "suit" apply only when such "accident" claim, "suit" or "loss" is known to: 1. You, if you are an individual; 2. A partner, if you are a partnership; 3. An executive officer of the corporation or insurance manager, if you area corporation; or 4. A manager, if you are a limited liability company. Page 4 of Indudes copyrighted material of Insurance Services Office, Inc. VCG 205 07 09 _m 225532052 Patra Uh IW3b2®aa 2:25:26 �p�right 2Pa0g9, O®¢ Beacon Insurance Group LLC CERT b. The requirement that you must notify us as soon as practicable of an "occurrence" or an offense that may result in a claim does not apply if you report an "occurrence" to your workers compensation insurer which later develops into a liability claim for which coverage is provided by this policy. However, as soon as you have definite knowledge that the particular "occurrence" is a liability claim rather than a workers compen- sation claim, you must comply with the Duties In The Event Of Occurrence, Offense, Claim Or Suit Condition. 12. EXPECTED OR INTENDED INJURY (PROPERTY DAMAGE) The Expected Or Intended Injury exclusion under Coverage A Bodily Injury and Property Damage is re- placed by: "Bodily injury" or "property damage" expected or intended from the standpoint of the insured. This exclu- sion does not apply to "bodily injury" or 'property damage" resulting from the use of reasonable force to protect persons or property. 13. INCIDENTAL MEDICAL MALPRACTICE — EMPLOYED PHYSICIANS, NURSES, EMT'SAND PARAMEDICS a. Under Section II —Who Is An Insured, the paragraph that excludes an employee or volunteer worker as in- sured for'bodily injury" or "personal and advertising injury" arising out of his or her providing or failing to pro- vide professional health care services does not apply to a physician, dentist, nurse, emergency medical tech- nician or paramedic employed by you if you are not engaged in the business or occupation of providing medi- cal, paramedical, surgical, dental, x -ray or nursing services. b. The insurance afforded by this provision is excess over any other valid and collectible insurance whether such insurance is primary, excess, contingent or on any other basis. Any payments by us will follow the Other Insurance — Excess Insurance provisions in the COMMERCIAL GENERAL LIABILITY CONDITIONS. 14. MEDICAL PAYMENTS — INCREASED LIMITS AND TIME PERIOD In the Insuring Agreement under Coverage C Medical Payments, the requirement that expenses are incurred and reported to us within one year of the date of the accident is changed to three years. a. The Medical Expense Limit is $15,000 per person or the amount shown in the Declarations as the Medical Expense Limit, whichever is greater. b. This provision 14. does not apply if Coverage C— Medical Payments is otherwise excluded either by the pro- visions of the Coverage Form or by endorsement. 15. MOBILE EQUIPMENT — SELF - PROPELLED SNOW REMOVAL, ROAD MAINTENANCE AND STREET CLEANING EQUIPMENT The following is added to the "mobile equipment" definition: Vehicles maintained primarily for purposes other than the transportation of persons or cargo that are self - propelled vehicles of less than 1,000 pounds gross vehicle weight with the following types of permanently at- tached equipment will be considered "mobile equipment': a. Snow removal; b. Road maintenance, but not construction or resurfacing; or c. Street cleaning. 16. NEWLY FORMED OR ACQUIRED ORGANIZATIONS Under Section II — Who Is An Insured, the time period limitation for newly acquired or formed organizations is replaced by: Coverage under this provision is afforded only until the end of the current policy period. 17. NON -OWNED AIRCRAFT a. The Aircraft, Auto Or Watercraft exclusion under Coverage A Bodily Injury And Property Damage Liabil- ity does not apply to an aircraft that is: 1. Hired, chartered or loaned with a paid crew; and 2. Not owned by any insured. b. The insurance afforded by this provision 17. is excess over any other valid and collectible insurance (includ- ing any deductible or Self Insured Retention) available to the insured, whether such insurance is primary, ex- cess, contingent or on any other basis. Any payments by us will follow the Other Insurance— Excess Insur- ance provisions in the COMMERCIAL GENERAL LIABILITY CONDITIONS. VCG 205 07 09 Includes copyrighted material of Insurance Services Office, Inc. Page 5 of ®eP NO_: 33532 ®52 Patna (3A 1213 ®2 ®14 2.25.26 PM (PST) p q 6 o009, OneBeacon Insurance Group LLC f 9 18. NON -OWNED WATERCRAFT a. Section II — Who Is An Insured is amended to include as an insured for any watercraft: that is covered by this policy, any person who, with your expressed or implied consent, either uses or is responsible for the use of a watercraft. However, no person or organization is an insured with respect to: 1. 'Bodily injury" to a co- "employee" of the person operating the watercraft; or 2. "Property damage" to property owned by, rented to, in the charge of or occupied by you or the employer of any person who is an insured under this provision. b. In the exception to the Aircraft, Auto Or Watercraft exclusion under Coverage A Bodily Injury And Prop- erty Damage Liability, the limitation on the length of a watercraft is increased to 55 feet. c. The insurance afforded by this provision 18. is excess over any other valid and collectible insurance (includ- ing any deductible or Self Insured Retention) available to the insured, whether such insurance is primary, ex- cess, contingent or on any other basis. Any payments by us will follow the Other Insurance — Excess Insur- ance provisions in the COMMERCIAL GENERAL LIABILITY CONDITIONS. 19. PERSONAL AND ADVERTISING INJURY— NON - EMPLOYMENT RELATED DISCRIMINATION The following is added to the definition of "personal and advertising injury": Discrimination because of race, color, creed, national origin, age, sex or physical disability, where insurance therefore is not prohibited by law, but only if such discrimination is: a. not done intentionally by or at the direction of: (1) the insured; or (2) any executive officer, director, stockholder, partner or member of the insured staff; and b. not directly or indirectly related to the employment, prospective employment or termination of employment of any person or persons by any insured. The insurance afforded under this provision does not apply to fines or penalties, or that portion of any award or judgment resulting from the multiplication of actual damages under state or federal law. This provision does not apply if Coverage B — Personal and Advertising Injury Liability is otherwise ex- cluded either by the provisions of this Coverage Form or by any endorsement. 20. PERSONAL INJURY — LIMITED CONTRACTUAL LIABILITY COVERAGE a. The Contractual Liability exclusion of paragraph 2. Exclusions of Section I — Coverage B — Personal And Advertising Injury Liability is replaced by the following: 2. Exclusions This insurance does not apply to: e. Contractual Liability "Personal and advertising injury" for which the insured has assumed liability in a contract or agreement. This exclusion does not apply to: (1) Liability for damages that the insured would have in the absence of the contractor agreement; or (2) Liability for "personal and advertising injury" if: (a) The liability pertains to your business and is required by a signed contract or agreement in which you assume the tort liability of another. Tort liability means a liability that would be imposed by law in the absence of any contract or agreement; (b) The 'personal and advertising injury" occurs subsequent to the execution of the desig- nated contract or agreement; and (c) The 'personal and advertising injury" arises out of the offenses of false arrest, detention or imprisonment. 21. PRODUCT RECALL EXPENSE a. With respect to this Provision 21., the Recall Of Products, Work Or Impaired Property exclusion un- der Coverage A Bodily Injury And Property Damage Liability is deleted. b. The following is added to Section III — Limits Of Insurance section: Page 6 of 8 Indudes copyrighted material of Insurance Services Office, Inc. VCG 205 07 09 CopVyri�ht 2009, OneBeacon Insurance Group LLC .: 22532 052 Patna Q3) 12/3/2 014 2.25:26 M GPS"TD Page '9 of 9 1. The Limits of Insurance shown in the Product Recall Schedule and rules below fix the most we will pay regardless of the number of (a) Insureds; (b) "Covered recalls" initiated; or (c) Number of 'Your products" recalled. 2. The Product Recall Aggregate Limit is the most we will reimburse you for the sum of all "product recall expenses" incurred for all "covered recalls" initiated during the policy period. 3. Subject to 2. above, the Each Product Recall Limit is the most we will reimburse you for the sum of all "product recall expenses" arising out of any one "covered recall" for the same defect or deficiency. 4. Subject to 3. above, we will pay only the amount of "product recall expenses" in excess of the deductible amount shown in the Product Recall Schedule. Products Recall Schedule Limits of Insurance Product Recall Aggregate Limit $ 50,000 Each Product Recall Limit $ 25,000 Each Product Recall Deductible $1,000 If any limits and deductible other than those above are shown in the Declarations as the Products Recall Expense Limits, the amounts shown in the Declarations will replace the Limits of In- surance and deductible provided for this coverage. The Limits of Insurance for this coverage apply separately to each consecutive annual period and to any remaining period of less than 12 months, starting with the beginning of the policy period shown in the Dec- larations, unless the policy period is extended after issuance for an additional period of less than 12 months. In that case, the additional period will be deemed part of the last preceding period for the pur- poses of determining the Limits of Insurance. c. The following is added to the Duties In The Event Of Occurrence, Offense, Claim Or Suit provision under Section IV —Conditions: You must see to it that the following are done in the event of an actual or anticipated "covered recall" that may result in "product recall expense ": 1. Give us prompt notice of any discovery or notification that "your product" must be withdrawn or re- called. Include a description of 'Your product" and the reason for the withdrawal or recall; 2. Cease any further release, shipment, consignment or any other method of distribution of like or similar products until it has been determined that all such products are free from defects that could be a cause of loss under this insurance; 3. As often as may be reasonably required, permit us to inspect your product" that demonstrates the need for the "covered recall" and permit us to examine your books and records. Also permit us to take damaged and undamaged samples of "your products" for inspection, testing and analysis; and permit us to make copies from your books and records; 4. Send us a signed, sworn, proof of loss containing the information we requested to settle the claim. You must do this within 60 days after our request. We will supply you with the necessary forms; and 5. Permit us to examine any insured under oath, while not in the presence of any other insured and at such times as may reasonably be required, about any matter relating to this insurance or your claim, in- cluding an insured's books and records. In the event of an examination, an insured's answers must be signed. d. The following definitions are added to the Definitions Section: 1. "Covered recall" means a recall made necessary because the insured or a government body has determined that a known or suspected defect, deficiency, inadequacy or dangerous condition in 'your product" has resulted in or will result in "bodily injury" or "property damage ". 2. "Product Recall Expense" means: (a) The following necessary and reasonable expenses you incur exclusively for the purpose of recall - ing'your product": VCG 205 07 09 Includes copyrighted material of Insurance Services Office, Inc. Page 7 of 8 ,: 22538052 Pat ¢3a 13J342 ®as a:z$,26 M MV X % of 8009, OneBeacon Insurance Group LLC CWT (1) For communications, including radio or television announcements or printed advertisements in- cluding stationery, envelopes and postage; (2) For shipping the recalled products from any purchaser, distributor or user to the place or places designated by you; (3) For remuneration paid to your regular "employees" for necessary overtime; (4) For hiring additional persons, other than your regular "employees' (5) Incurred by "employees ", including transportation and accommodations; (6) To rent additional warehouse or storage space; or (7) For disposal of "your products ", but only to the extent that specific methods of destruction other than those employed for trash discarding or disposal are required to avoid "bodily injury" or "property damage" as a result of such disposal, but "product recall expenses" does not include costs of regaining your market share, goodwill, revenue or profit. (b) "Product Recall Expense" does not include any expenses resulting from: (1) Failure of any product to accomplish its intended purpose; (2) Breach of warranties of fitness, quality, durability or performance; (3) Loss of customer approval, or any cost incurred to regain customer approval; (4) Redistribution or replacement of "your product' which has been recalled by like products or sub- stitutes; (5) Caprice or whim of the insured; (6) A condition likely to cause loss of which any insured knew or had reason to know at the inception of this insurance; and (7) Recall of 'your products" that have no known or suspected defect solely because a known or suspected deflect in another of'your products" has been found 22. SUPPLEMENTARY PAYMENTS— INCREASED LIMITS Under Section I — Coverages, Supplementary Payments — Coverages A and B, paragraphs 1.b. and 1.d. are replaced by the following: b. Up to $2,500 for cost of bail bonds required because of accidents or traffic law violations arising out of the use of any vehicle to which the Bodily Injury Liability Coverage applies. We do not have to furnish these bonds. d. All reasonable expenses incurred by the insured at our request to assist us in the investigation or de- fense of the claim or "suit ", including actual loss of earnings up to $500 a day because of time off from work. Page 8 of Indudes copyrighted material of Insurance Services Office, Inc. VCG 205 07 09 �.. 22MO racra M 12e3/�a®na 2:2$:26 M p n1ght 2009, One Beacon Insurance Group LLC MT