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Policy No. US00062096LI19A <br />Umbrella Liability Additional Insured <br />(3) If we and the insured disagree on whether a disaster event has occurred, the insured's right of <br />reimbursement under Insuring Agreement C shall be arbitrated pursuant to the rules of the <br />American Arbitration Association for the state shown in Declarations Item 1. <br />(4) Payment by us of disaster response expenses will not determine or be evidence of our rights or <br />obligations under Insuring Agreement A or B. <br />(5) Payment by us of disaster response expenses will not oblige us to assume any duty to control <br />the investigation, settlement or defense of any claim or suit that might arise from a covered <br />disaster event. <br />II. WHO IS AN INSURED <br />(A) The following are insureds under Insuring Agreement A: <br />(1) The named insured. <br />(2) Any person or organization qualifying as an insured under the scheduled underlying insurance, <br />but for no broader coverage than would be afforded to such person or organization by the <br />scheduled underlying insurance. <br />(B) The following are insureds under Insuring Agreements B and C: <br />(1) The named insured. <br />(2) Any person or organization, other than an employee or volunteer worker, while such person or <br />organization is acting as your real estate manager. <br />(3) Your legal representative if you die, but only with respect to his or her duties as such. <br />(4) Your employees, but only for acts within the scope of their employment by you, or while <br />performing duties related to the conduct of your business. <br />(5) Your volunteer workers, but only while performing duties related to the conduct of your business. <br />(6) If you are designated in the Declarations as an individual, then your spouse, but only with respect <br />to the conduct of a business of which you are the sole owner. <br />(7) If you are designated in the Declarations as a partnership or joint venture, your partners and their <br />spouses, but only with respect to the conduct of your business. <br />(8) If you are designated in the Declarations as a limited liability company, your members, but only with <br />respect to the conduct of your business, and your managers, but only with respect to their duties as <br />such. <br />(9) If you are designated in the Declarations as an organization other than a partnership, joint venture <br />or limited liability company, your executive officers and directors, but only with respect to their <br />duties as such. Your stockholders are also insureds, but only with respect to their liability as <br />stockholders. <br />(10) If you are designated in the Declarations as a trust, your trustees, but only with respect to their <br />duties as such. <br />(11) Any organization in which you maintain an interest of more than fifty percent (50%) as of the <br />effective date of this policy. <br />XCU 050 0811 © 2011 X.L. America, Inc. All Rights Reserved. Page 4 of 26 <br />May not be copied without permission. <br />Includes copyrighted material of Insurance Services Offices, Inc., with its permission. <br />