# DEFINITIONS

## DEFINITION OF "Insured"

With respect to the insurance afforded by this endorsement, the unqualified word "Insured" includes the Named Insured, provided that (a) if the Named Insured is designated as an individual, the insurance applies only to the conduct of a business of which he is the sole proprietor and (b) the unqualified word "Insured" also includes the following:

A. If the Named Insured is or includes a partnership or joint venture, any partner or member thereof by only with respect to his liability as such;
B. Any executive officer, director or stockholder of the Named Insured while acting within the scope of his duties as such;
C. Any employee, provided such employee is authorized to act in the "Administration" of the Named Insured's "Employee Benefits Program".

## DEFINITION OF "Employee Benefits Programs"

The term "Employee Benefits Programs" means (a) group life insurance, group accident or health insurance, profit sharing plans, pension plans, employee stock subscription plans, workmen's compensation, unemployment insurance, social benefits, disability benefits, and (b) any other similar employee benefits instituted after the effective date of this endorsement, provided we are notified within thirty (30) days after the institution of such benefits.

## DEFINITION OF "Administration"

The unqualified word "Administration" wherever used shall mean:

A. Giving counsel to employees with respect to the Employee Benefits Programs;
B. Interpreting the Employee Benefits Programs;
C. Handling of records in connection with the Employee Benefits Programs;
D. Effective enrollment, termination or cancellation of employees under the "Employee Benefits Programs", provided all are acts which are authorized by the Named Insured.

## DEFINITION OF "Wrongful Act"

"Wrongful Act" means any actual or alleged negligent act, error or omission in the "Administration" of the Employee Benefits Plan.

# EXCLUSIONS

This endorsement does not apply to:

1. Any dishonest, fraudulent, criminal or malicious act, libel, slander, discrimination or humiliation;
2. Bodily injury to or sickness, disease or death, of any person, or to injury to or destruction of any tangible property, including the loss of use thereof;

51767 (4/91)