GOLDEN BAY DRYWALL, INC. (#2026264)

SSI GL 01 01 0123 Page 1 of 29 MANUSCRIPT COMMERCIAL GENERAL LIABILITY COVERAGE FORM Various provisions in this policy restrict coverage. Please read the entire policy carefully to determine rights, duties and what is and is not covered. Throughout this policy, the words “you”, “your” or “Named Insured” refer to the Named Insured shown in the declarations. The words “we”, “us”, and “our” refer to the Company providing this insurance. The term “insured” means any individual or entity that qualifies as an “insured” under the terms of this policy and any endorsements made a part of this policy. Other words and phrases that appear in quotation marks have special meaning. Refer to Section VI-Definitions. We, the Company named in the Declarations, in consideration of the payment of the premium, the undertaking of the Named Insured to pay the applicable Self-Insured Retention, in reliance upon the statements in the application attached hereto and made a part hereof, subject to the limits of liability shown in the Declarations, and subject to all of the terms of this insurance, agree with the Named Insured as follows: SECTION I – COVERAGES COVERAGE A – BODILY INJURY AND PROPERTY DAMAGE LIABILITY 1. Insuring Agreement a. We will pay those sums that the insured becomes legally obligated to pay as “damages” for “bodily injury” or “property damage” to which this insurance applies. We will have the right and duty to defend you, the Named Insured, against any “suit” seeking “damages” to which this insurance applies, and which is timely reported to us as provided hereunder. Except as otherwise provided in this policy, we have no duty to defend any other insured. Our duty to defend you is further limited as provided below and in the exclusions made part of this policy. We will have no duty to defend any insured against any suit seeking damages for bodily injury or property damage to which this insurance does not apply and/or which is not timely reported to us. We may at our discretion investigate any occurrence and settle any claim or suit that may result. But: (1) The amount we will pay for “damages” is limited as described in Section IV - Limits of Liability; (2) Our right and duty to defend ends when we have used up the applicable limit of insurance in the payment of “damages” medical expenses, and/or “claim expenses” under Coverage A, B and/or C (3) It is expressly understood and agreed that “claim expenses” (including defense expense) are included within, and are not in addition to, the Limits of Liability set forth in the Declarations; (4) As noted in 1(a) above, we have no duty to defend any insured other than the Named Insured. However, we shall have no duty or obligation to defend the Named Insured in connection with any “claim” or “suit” where any other insurer is obligated to defend the insured, and we shall have no duty to contribute to or participate in the defense provided by any other such insurer. We shall have the right but not the obligation to defend any insured in connection with any “claim” or “suit” under these circumstances and/or where the insured has any other insurance under which, but for the existence of this Policy, any other insurer is obligated to provide a defense; and (5) Notwithstanding the law pursuant to which this policy shall be construed ,we may look to and consider extrinsic evidence outside of the allegations and/or facts pleaded by any claimant to determine whether we owe a duty to defend or indemnify against any “claim” or “suit”. We may, at our discretion, investigate any “occurrence” and settle any “claim” or “suit” that may result. b. This insurance applies to “bodily injury” and “property damage” only if: (1) The “bodily injury” or “property damage” is caused by an “occurrence” that first takes place or begins during the “policy period”. An “occurrence” is deemed to first take place or begin on the date that the conduct, act or omission, process, condition(s) or circumstance(s) alleged to be the cause of the “bodily injury” or “property damage” first began, first existed, was first committed, or was first set in motion, even though the “occurrence” causing such “bodily injury” or “property damage” may be continuous or repeated exposure to substantially the same general harm; (2) The “bodily injury” or “property damage” resulting from the “occurrence” first takes place, begins, appears and is first identified during the “policy period”. All “bodily injury” or “property damage” shall be deemed to first take place or begin on the date when the “bodily injury” or “property damage” is or is alleged to first become known to any person, in whole or in part, even though the location(s), nature and/or Docusign Envelope ID: C32ED128-E8C0-4517-B42B-471D21968944