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CNA PARAMOUNT <br />Contractors'General Liability Extension Endorsement <br />b.by reason of a Named Insured creating or acquiring the organization during the policy period, <br />qualifies as a Named Insured,provided that there is no other similar liability insurance,whether primary, <br />contributory,excess,contingent or otherwise,which provides coverage to such organization,or which would have <br />provided coverage but for the exhaustion of its limit,and without regard to whether its coverage is broader or <br />narrower than that provided by this insurance. <br />But this BROAD NAMED INSURED provision does not apply to: <br />(a)any partnership,limited liability company or joint venture;or <br />(b)any organization for which coverage is excluded by another endorsement attached to this Coverage Part. <br />For the purpose of this provision,management control means: <br />A.owning interests representing more than 50%of the voting,appointment or designation power for the <br />selection of a majority of the Board of Directors of a corporation;or <br />B.having the right,pursuant to a written trust agreement,to protect,control the use of,encumber or transfer or <br />sell property held by a trust. <br />4.With respect to organizations which qualify as Named Insureds by virtue of Paragraph 3.above,this insurance <br />does not apply to: <br />a.bodily injury or property damage that first occurred prior to the date of management control,or that first <br />occurs after management control ceases;nor <br />b.personal or advertising injury caused by an offense that first occurred prior to the date of management <br />control or that first occurs after management control ceases. <br />5.The insurance provided by this Coverage Part applies to Named Insureds when trading under their own names <br />or under such other trading names or doing-business-as names (dba)as any Named Insured should choose to <br />employ. <br />6.BROADENED LIABILITY COVERAGE FOR DAMAGE TO YOUR PRODUCT AND YOUR WORK <br />A.Under COVERAGES,Coverage A –Bodily Injury and Property Damage Liability,the paragraph entitled <br />Exclusions is amended to delete exclusions k.and I.and replace them with the following: <br />This insurance does not apply to: <br />k.Damage to Your Product <br />Property damage to your product arising out of it,or any part of it except when caused by or resulting from: <br />(1)fire; <br />(2)smoke; <br />(3)collapse;or <br />(4)explosion. <br />I.Damage to Your Work <br />Property damage to your work arising out of it,or any part of it and included in the products-completed <br />operations hazard. <br />This exclusion does not apply: <br />(1)If the damaged work,or the work out of which the damage arises,was performed on the Named <br />Insured's behalf by a subcontractor;or <br />6046131700CNA74705XX(1-15)Policy No: <br />3Page5of17EndorsementNo: <br />VALLEY FORGE INSURANCE COMPANY 03/30/2024EffectiveDate: <br />CALCON SYSTEMS,INC.Insured Name: <br />Copyright CNA All Rights Reserved.Includes copyrighted material of Insurance Services Office,Inc.,with its permission. <br />50 <br />0 <br />2 <br />0 <br />0 <br />0 <br />0 <br />0 <br />6 <br />0 <br />4 <br />6 <br />1 <br />3 <br />1 <br />7 <br />0 <br />0 <br />5 <br />6 <br />9 <br />5 <br />Docusign Envelope ID: 9390D79C-9860-46F9-8091-F2EFF1771C6C